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Who cares about Waldo -- where's VFP 7?
Message
De
07/08/2001 16:58:38
 
Information générale
Forum:
Visual FoxPro
Catégorie:
Autre
Divers
Thread ID:
00539146
Message ID:
00540973
Vues:
26
SNIP
>
>Good points. Only those stock holders that have large concentrations of ownership can mandate change. Rarely do grass-roots efforts work...
>
Summarizing...

We've evolved capitalism to where:

1) A basic tenet - shareholders mandate change - is now "some shareholders mandate change" (or prevent it, as the case may be);

2) THE basis of the system - to make profit for it's owners - is becoming twisted by more and more corporate leaders. It used to be implicit that this was qualified by something like 'by delivering useful products/services through legal and moral means' and now there is nothing implicit.

Something has to be breaking in the current system when, on getting a Federal report that UNemployment is rising, the stock market instantly rises because that is considered GOOD NEWS.

And look at the situation over the last couple of quarters... economists all agree that the economy is only staying palatable because of consumer spending. I view this as "code" aimed at the listener - you'd better keep spending or you will be responsible for tanking the economy.
I haven't heard a single analyst say what s/he should be saying: the way the economy is going right now you are well advised to hang on to your money and you certainly must stop racking up more debt.

Yes, I've enjoyed the discussion too.

JimN
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