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Is the “cult of the equity” dead? Institutional investors have slashed their equity...
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Friday, May 25, 2012, 6:10 PM ETIs the “cult of the equity” dead? Institutional investors have slashed their equity holdings over the past decade. Stocks have not been this far out of favor in over a half a century. “Ultimately what is going on is that fundamental tenets of capitalist society are being questioned,” says Allianz's Andreas Utermann. This is stunning in light of overwhelming evidence that, in the long run, equities outperform. From 1900 to 2010, they beat inflation by 6.3% a year in the U.S., compared with only 1.8% for bonds.
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Lower prices are an opportunity.
God had to be killed off,
the early progressive movement saw to this.
Next came the "Revisionist history".
Then you had to get people dependent on the government, F.D.R and L.B.J..
You know one really crazy stat that always sticks in the back of my mind,
after 3 terms of F.D.R,
what was the first thing Democrats and Republican's agreed to do?
They passed a constitutional amendment that the country would not be subject to the insanity of any president for more than two terms!
The next chapter of this progressive / socialist / communist manifesto has been going on now since the end of Dubya's administration.
When Hank Paulson "Whipped out the Bazooka" and Bernanke and Geithner scared the crap out of congress with their "DEPRESSION" rant and demand for 800 billion dollars to forestall said depression.
This fateful move was the turning point, we all became socialists when Barry was sworn in!
How could we have expected any less from him?
Michelle even said as much in one of her very few comments during the 2008 election,
Barack knows we will have to change things, the way we talk, they way we think, the way we act, etc,etc.
The "Transformation" was not to be taken lightly,
it is in full swing today and I would argue we are in the DEPRESSION they were so eager to avoid in the first place.
47 million Americans on food stamps!
You don't have soup lines only because the checks are in the mail / debit cards.
O.W.S. and the union influence, (Trumka / Stern and Stephen Lerner), Lerner, it turns out is so proud of his own son being arrested, he is the founder of O.W.S., but who would have guessed?
The chants of "Death to Capitalism" and the perversion of our morals to the point of things now being seen as more "When right becomes wrong, and Wrong becomes right",
fits in perfectly with the grand mother of all things socialist, Frances Fox Piven.
You know, the "Collapse the System" and fan of the "Watts Riots" of the 1960's!
Good old Frances is still at it,
invoking the youth to "Get out in the streets" and protest / "change" things!
The president does not seem to share the ideals of the country, he considers our constitution a "Charter of Negative Liberties", a old relic!
Job one on day one?
Send the bust of Winston Churchill back to the Brit's!
We now have "Social Justice" where we once prospered under "Equal Justice",
We now have "Collective Salvation", where once great spiritual leaders like M.L.K. once preached "Individual Responsibility" and stood proudly for "Individual Salvation"!
Jesse Jackson / Al Sharpton our President are all for O.W.S. but seem to feel threatened by of all things,
"The Tea Party" and the like of Glenn Beck?
Really?
I agree with the author,"..The fundamental tenets of capitalist society are being questioned"
NO where is anyone man / woman enough to come out into the sunlight and say what they are willing to replace it with.
I could not DISAGREE with Van Jones more.
But I respect him because he says what he means and means what he says!
Van is a "COMMUNIST" and proud of it!
He wants to "TRANSFORM" America into some quasi communist / "Fabian Socialist Society" utopia.
At least he is willing to lay it on the table, the lame street media is dancing around the edges and trying to hide the presidents motives behind "smoke and mirrors" and double talk that no one believes anyway!
2008 was a stain on our republic!
2012 is the chance to right a wrong!
Will America and the republic still stand?
The individual,
the one person who is thinking.
The one person who will act,
each and every American will decide the countries fate come November!
Let us not fail for sitting down!
May the good lord watch over this fragile little experiment in freedom we call America
Stock options should be eliminated for anyone being hired at a publicly traded company. Private firms can do what they want, but public firms will have to pay salaries and bonuses in cash. The stock option really only came into use when Congress passes punitive taxes on salaries over $1 million dollars - in one of their typical "react to the media outrage" when it was reported some CEO's were making over a million a year and the company wasn't doing well.
The result - now those CEO's get $20 million in all kinds of compensation instead of $1 million!!!
Boards should be limited to 20% individuals with personal/professional relationships with the CEO. Far too many companies are stacked with the CEO's golfing buddies - he pays them absurd amounts to be directors... and they rubber stamp his insane compensation.
All funds of more than XXXX amount should be forced to publicly vote their shares and report to the fundholders why they did. That would put some pressure on the "passive" stockholders that today are simply voting yes on everything. When they publish that they voted for some of these stupid pay packages there might be more outrage - and it might result in people moving their money to funds that take a more active role.
I'm sure there are more good ideas on how to reform the system.
What capitalistic society? There is no such thing as bailouts, TBTF and forced (squashed) interest rates in capitalism. We live in an Oligarchy.