BofA Following Citigroup to $5 or Lower [View article]
The future is indeed bleak. We are consumers of foreign technology. The only industry we have that can't be outsourced is.... OMFG- There isn't one
1) Healthcare: Tele-nursing and remote surgeries are already happening. How long before we have dirt cheap Indian nurses and doctors working in American hospitals from their remote sites in Delhi?
2) Government: They outsource a butt-load of jobs to foreign lands. Everything from call centers to document preparation.
Despite Everything, Capitalism Is Alive and Well [View article]
First of all:
The Stock Market is not an example of Capitalism at work. Free Market Capitalism is about as real as the tooth fairy, and it's true location is Never-Never Land.
Second: Ford's CEO receives (not earns) roughly $28 million/year.
Typical Assembly-line worker: $80,000/year (lots and lots of overtime figured in here).
CEO loses billions each year. Assembly-line worker produces $800,000.00 worth of product.
Now, tell me how the worker is the problem
Third: The Author looks like a KGB Agent. Thank God he doesn't know how to find me.
BofA Following Citigroup to $5 or Lower [View article]
1) Healthcare: Tele-nursing and remote surgeries are already happening. How long before we have dirt cheap Indian nurses and doctors working in American hospitals from their remote sites in Delhi?
2) Government: They outsource a butt-load of jobs to foreign lands. Everything from call centers to document preparation.
3) Industry- Ha, Ha! Made you laugh- Didn't I
Despite Everything, Capitalism Is Alive and Well [View article]
The Stock Market is not an example of Capitalism at work.
Free Market Capitalism is about as real as the tooth fairy, and it's true location is Never-Never Land.
Second:
Ford's CEO receives (not earns) roughly $28 million/year.
Typical Assembly-line worker: $80,000/year (lots and lots of overtime figured in here).
CEO loses billions each year. Assembly-line worker produces $800,000.00 worth of product.
Now, tell me how the worker is the problem
Third:
The Author looks like a KGB Agent. Thank God he doesn't know how to find me.