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This room is for the discussion of current events,cultural issues and politics especially in relation to Catholic values.

Saint Thomas More was martyred during the Protestant Reformation for standing firm in the Faith and not recognizing the King of England as the Supreme Head of the Church.
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Mar 22nd 2013 new

(Quote) Denise-687929 said: For your information.www.cnbc.com
(Quote) Denise-687929 said:

For your information.

www.cnbc.com

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What recovery?


Ahh, the wonders of "the market". Housing bubbles, tech bubbles, what else is there to blow up?

Mar 23rd 2013 new

(Quote) Denise-687929 said: For your information.www.cnbc.com
(Quote) Denise-687929 said:

For your information.

www.cnbc.com

--hide--


Bernanke makes my blood boil....No inflation--look at the price of food when you go to the grocery store.
What about gasoline? Of course, they don't count these in their inflation figures.

This $85 billion buyback policy makes no sense. They are going to do it until unemployment goes below a certain figure.
Well, there hasn't been any correlation between quantitative easing and getting people jobs. And
to do quantitaive easing for so long a time is getting into unchartered waters.

Obama's policies are completely radical, and not good for the US. But we all know that already.

He should go back into Community Organizing.

Mar 23rd 2013 new

There is no recovery. Many people still cannot find jobs. People are unable to sell their homes and have to go on rent.

Mar 23rd 2013 new

The stock markets are soaring and bond yields are at historic lows. Can't wait to find out how investors will feel when those "markets" collapse at some point.


The Fed's policies have nothing to do with raising employment figures.



(Quote) Marianne-100218 said: Bernanke makes my blood boil....No inflation--look at the price of food when you go to...
(Quote) Marianne-100218 said:



Bernanke makes my blood boil....No inflation--look at the price of food when you go to the grocery store.
What about gasoline? Of course, they don't count these in their inflation figures.

This $85 billion buyback policy makes no sense. They are going to do it until unemployment goes below a certain figure.
Well, there hasn't been any correlation between quantitative easing and getting people jobs. And
to do quantitaive easing for so long a time is getting into unchartered waters.

Obama's policies are completely radical, and not good for the US. But we all know that already.

He should go back into Community Organizing.

--hide--

Mar 24th 2013 new

Thank you Sean for your comments.

Mar 24th 2013 new

US corporate executives cash in

www.wsws.org

Mar 24th 2013 new

(Quote) Denise-687929 said: There is no recovery. Many people still cannot find jobs. People are unable to sell their homes ...
(Quote) Denise-687929 said:

There is no recovery. Many people still cannot find jobs. People are unable to sell their homes and have to go on rent.

--hide--


What do you mean they have to go on "rent?"

Mar 24th 2013 new

(Quote) Sean-851370 said: US corporate executives cash in http://www.wsws.org/en/articles/2013/03/22/pers-m22.html
(Quote) Sean-851370 said:

US corporate executives cash in

www.wsws.org

--hide--


“We don’t disparage wealth,” Obama said repeatedly. Proposals for CEO pay centered on encouraging companies to tie this pay more directly to “performance”—i.e., share values.

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This is untrue. Share value does not correlate to performance. When CEO's turn in their stock options, Earnings per
Share goes up. Performance has not changed.

Very good article, Sean.



Mar 24th 2013 new

(Quote) Marianne-100218 said: “We don’t disparage wealth,” Obama said repeatedly. Proposals for C...
(Quote) Marianne-100218 said:



“We don’t disparage wealth,” Obama said repeatedly. Proposals for CEO pay centered on encouraging companies to tie this pay more directly to “performance”—i.e., share values.

------------------------------

This is untrue. Share value does not correlate to performance. When CEO's turn in their stock options, Earnings per
Share goes up. Performance has not changed.

Very good article, Sean.

--hide--



Yes...such "performance-based pay" can encourage execs to take on too much risk. Sad to watch CEOs pillage their own companies to increase shareholder value, distribute dividends or take on debt to hand out as dividends. But all this is very fitting for the post-industrial wasteland the US has become.

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