>>One drawback of a relatively free and prosperous society is a lot of stupidity can survive amongst the plenty.
Could not agree more, Jasper. Take any big company, even the well run ones. There is a lot of chaff that rides on a few productive workers. You can get rid of a quarter of the workforce and the 'real' value added will not decrease. What keeps them there is the usual mediocrity that is rife in big organizatons. Few managers & CEOs have the vision/drive for continuous improvement.
Is the Market Going Lower? Silly Question! [View article]
Market takes no prisoners. Innocent people have lost jobs, and savings. Neither should we take prisoners. All these banks would have broken a tonne of laws selling dubious mortgages. Investogate, get the guillotines sharpened and chop their heads off - in public. Future generations will thank us.
A Junk Stock Rally [View article]
Could not agree more, Jasper. Take any big company, even the well run ones. There is a lot of chaff that rides on a few productive workers. You can get rid of a quarter of the workforce and the 'real' value added will not decrease. What keeps them there is the usual mediocrity that is rife in big organizatons. Few managers & CEOs have the vision/drive for continuous improvement.
The Road to Economic Hell [View article]
Is the Market Going Lower? Silly Question! [View article]