Okay cool. Glad you were happy. My experience has been largely positive especially in NZ but I see many other parents close to utter despair with marriages failing, etc. Ian and Frazer, I guess I'm just disillusioned as I've run teams where we have returned good results to continually be asked 'how are you going to better that next year'. Now I understand the need for constant challenge but a team returning a profit every year should be considered success and this push for larger and larger profits just makes me wonder if that really is beneficial for society not just the smaller % of share holders, or maybe I've just had poor managers ... Pete
Unfortunately 'the markets' (stocks and bonds) are perfectly happy with the debt situation because they can manipulate it to the benefit of themselves (the paperpushers, I mean). I think one reason people are turning against capitalism so-to-speak is in so many ways the original good idea of shareholders contributing to a company's funding and getting a fair return, has become so distorted in recent times by computing trading, hedging, shorting etc that many see the markets as not much more than lotteries. I think people have also become disillusioned with the concept of privatisation as well following the disasters that have occurred with water, power, airport management etc. BTW does anyone remember when the Commonwealth Bank was exactly that? The organisation was crap (just like it is today) but at least small account holders got a return on any cash they managed to accumulate with ZERO account fees or charges !
+ as you said before we have CEO's (almost) running companies into the ground and then leaving with huge pay outs, thanks to stupid employment contracts. CEO gets filthy rich and the hundreds under him/her struggle to make their mortgage payments. I had a very good manager once, who I worked for twice, and he pointed out to me that everybody working for him has mortgages to pay and families to support and in the end, to them, that is all that matters. Now many will say he is too weak ... but I'd like to see CEO's think about their companies staff like this not just the (off shore, invisible) share holder. Sure the share holders are his boss, but their are real world consequences to people to their decisions, not just financial numbers. Pete
I believe it because I believe in the values of my employer. I even try and live those values. Most times I succeed.
http://www.huffingtonpost.com/entry/report-eight-killed-including-gunman-in-shooting-at-plano-texas-home_us_59b6069fe4b0354e4412b9bf DALLAS (Reuters) - A gunman killed seven people at a home in a Dallas suburb on Sunday evening before being shot dead by police called to the scene, authorities told the Dallas Morning News.
You go, you good thing! Donald J. TrumpVerified account @realDonaldTrump 2h2 hours ago Just heard Foreign Minister of North Korea speak at U.N. If he echoes thoughts of Little Rocket Man, they won't be around much longer!
I remember seeing some TV show about oil rigs, and on it they were tightening something on the rig. There was this wrench that took two people to handle, to tighten this enormous nut. I remember thinking that it was probably the world's biggest tool - now I know I was wrong.
I'm flipping a coin now to see who is the bigger nut case, KJU or DT I think the coin will end up on it's edge