Mike Duke, CEO of Wal-Mart Stores Inc., and former Procter & Gamble Co. CEO Alan Lafley came to the White House on Monday at the invitation of the President to discuss the economy.
The White House spokesman, Robert Gibbs, said the meetings were part of a series of meetings of the Presidents plans company leaders. In July, the President met with Warren Buffett to discuss the economy and stepped up efforts to attract comments from the industry since the mid-term elections. In October, Steve Jobs visited the President to discuss the policy.
Wal-Mart, the largest U.S. private employer, with 1.4 million domestic workers, is sad proof of the deteriorating state of the U.S. economy. As more and more to low profits, low-wage jobs in retail, rather than the positions of the high manufacturing quality, will decrease our standard of living.
"Get use knowledge and ideas of those who has a lot of importance for economic decision-making, the president and the team have to do," said Gibbs.
At a meeting with entrepreneurs is important for the economy, the President must take into account consideration of other aspects of the economy. In addition, President Obama, given the appointment of a Corporate Executive Board a senior position as part of this last effort.
With financial executives with the various key positions in the Treasury Department, and the consideration of the Corporate Executive management has equipped, with production once again forced to take a back seat to other interests. Officials do not yet know that the production is a cornerstone of the ever-worsening economy, which must be addressed.
Many believe that the meetings are on calming financial officials that the president is to do away with his criticism of the banking system and its efforts to tax exemptions aimed angry.
In other meetings, which is not yet been announced, and to speak the President an invitation to the test before the American Chamber of Commerce, expects that good use of these opportunities for trade policy make a positive push to the domestic industry. Taking into account not completely lost the image and the possibility for producers to support.
Friday, December 3, 2010
Common Sense Planning
Our current approach is incorrect and should be changed, and must radically revise development plans for the future of the United States, or are we doomed to continue down a path that may become irreversible. We consider some of these solutions before it is too late
Recognize that we have huge problems, analyze our weaknesses and resolve to do something.
Plan to regenerate the necessary strategic industries that are losing or have lost (for example, steel, electronics, telecommunications and others).
Negotiate trade agreements with other countries better and not allow any country to do in this country will allow us to do in your country.
Development of research sponsored by government facilities and development to select and Industry (Example: The government has sponsored the World War II Manhattan Project that developed the atomic bomb). to restore government sponsored Sematech Corp. has launched major projects and developed products that are needed urgently.
Analyzing these 5 elements in our country by foreign competition. They will determine the final price of a product: the comparative rates of wages, technology, comparative benchmarking taxes (income, depreciation and other capital goods), government subsidies comparative costs and comparative accessories (medical, retirement, insurance and al.)
Plan to make the changes we can.
Adjust the tax structure to encourage the industries that produce basic necessities.
Negotiate fairly with other countries taking into account what is in our interests instead of focusing disproportionately on global considerations only.
Limit the sale of some companies in strategic sectors to foreign companies if they have a negative impact on our defense capabilities, or to harm our country.
A new spirit of cooperation should be developed between government, management and labor - are all in the same boat.
American people are aware, hardworking, creative and intelligent. leadership and incentives can do significantly more than the Powerhouse manufacturing worlds were and make the country richer, freer and stronger in the world - but if we lose the economic war we will not be able to produce competitively and compete with other industrialized countries - particularly Germany, Japan and even China. The future will not be as good as in the past.
Recognize that we have huge problems, analyze our weaknesses and resolve to do something.
Plan to regenerate the necessary strategic industries that are losing or have lost (for example, steel, electronics, telecommunications and others).
Negotiate trade agreements with other countries better and not allow any country to do in this country will allow us to do in your country.
Development of research sponsored by government facilities and development to select and Industry (Example: The government has sponsored the World War II Manhattan Project that developed the atomic bomb). to restore government sponsored Sematech Corp. has launched major projects and developed products that are needed urgently.
Analyzing these 5 elements in our country by foreign competition. They will determine the final price of a product: the comparative rates of wages, technology, comparative benchmarking taxes (income, depreciation and other capital goods), government subsidies comparative costs and comparative accessories (medical, retirement, insurance and al.)
Plan to make the changes we can.
Adjust the tax structure to encourage the industries that produce basic necessities.
Negotiate fairly with other countries taking into account what is in our interests instead of focusing disproportionately on global considerations only.
Limit the sale of some companies in strategic sectors to foreign companies if they have a negative impact on our defense capabilities, or to harm our country.
A new spirit of cooperation should be developed between government, management and labor - are all in the same boat.
American people are aware, hardworking, creative and intelligent. leadership and incentives can do significantly more than the Powerhouse manufacturing worlds were and make the country richer, freer and stronger in the world - but if we lose the economic war we will not be able to produce competitively and compete with other industrialized countries - particularly Germany, Japan and even China. The future will not be as good as in the past.
Landrieu Amendment toxic imported shrimp can not be avoided in order to pass
Senator Mary Landrieu (D-LA) to amend the Act on the modernization of food safety protection, the Americans shrimp imports dangerous.
The amendment would have the FDA review 20 percent of the import dependency in 2015. Currently, the FDA reviews of less than 2 percent of these imports. With 80 percent of shrimp in the United States, consisting of imports used, and state control to find issues of consistency, it is inadmissible, this test a small amount.
Bill is also food importers needed to register with the FDA to prevent companies from countervailing duty and false labeling to avoid land of origin. "We have repeatedly shown that companies use unscrupulous Prevention same rules - such as coverage and the false labeling - two U.S. laws on food safety and fair trade to escape the law," John Williams, Executive Director Alliance of Southern Shrimp said.
Finally, the change of country eating with child labor from the export to the United States produces prohibited. human rights abuses such as these tend to go together with fish in corrupt countries like Bangladesh and Thailand.
A change to protect raw oysters to go, proving once again the ignorant and misguided priorities of the current leadership. When it comes, the Food Safety Modernization Act is a step in the right direction, but the other too little, too late action by Congress.
Japan and the European Union now check 100 percent of shrimp imports from Vietnam after finding widespread contamination. The Today Show and NBC Nightly News both reported on the dangers of imported shrimp. Alabama regulators to reject 50 percent of shrimp imported by pollution. Obviously there is a problem with imported shrimp, which must be addressed.
Because of this laxity and lack of customs duties, is imported shrimp are often sold at a lower price than domestic products, putting honest shrimpers out of business. "Bad actors involved in the treatment of U.S. consumers in danger and destruction of the business of shrimp of the family," Williams said.
The bill must now be linked to a House version passed in line early this year and is then sent to President Obama for his signature.
The amendment would have the FDA review 20 percent of the import dependency in 2015. Currently, the FDA reviews of less than 2 percent of these imports. With 80 percent of shrimp in the United States, consisting of imports used, and state control to find issues of consistency, it is inadmissible, this test a small amount.
Bill is also food importers needed to register with the FDA to prevent companies from countervailing duty and false labeling to avoid land of origin. "We have repeatedly shown that companies use unscrupulous Prevention same rules - such as coverage and the false labeling - two U.S. laws on food safety and fair trade to escape the law," John Williams, Executive Director Alliance of Southern Shrimp said.
Finally, the change of country eating with child labor from the export to the United States produces prohibited. human rights abuses such as these tend to go together with fish in corrupt countries like Bangladesh and Thailand.
A change to protect raw oysters to go, proving once again the ignorant and misguided priorities of the current leadership. When it comes, the Food Safety Modernization Act is a step in the right direction, but the other too little, too late action by Congress.
Japan and the European Union now check 100 percent of shrimp imports from Vietnam after finding widespread contamination. The Today Show and NBC Nightly News both reported on the dangers of imported shrimp. Alabama regulators to reject 50 percent of shrimp imported by pollution. Obviously there is a problem with imported shrimp, which must be addressed.
Because of this laxity and lack of customs duties, is imported shrimp are often sold at a lower price than domestic products, putting honest shrimpers out of business. "Bad actors involved in the treatment of U.S. consumers in danger and destruction of the business of shrimp of the family," Williams said.
The bill must now be linked to a House version passed in line early this year and is then sent to President Obama for his signature.
Truth About Depression: Book Review
Want to read the global economic crisis, the Great Depression of the twenty-first century, edited by Michel Chossudovsky Gavin and Andrew Marshall, if you meet these criteria: You will receive information and analysis on key topics from the great thinkers outside of the mainstream media and publishing, you can manage the pain brain revelations detailed and brutally honest you are willing and able to make your own prejudices and preconceived notions challenge, new explanations on the lease as the world really works.
If millions of Americans read this book, we would probably create a much stronger rebellion against the political establishment has refused to punish severely the perpetrators of numerous accounts, banks and mortgage to the decline of the United States and the global economic system.
This book contains a number of factors in twenty chapters, as is corruption in the world, because to reveal the interests of plutocratic power, rich and businesses. Conference rooms of Wall Street business of the Federal Reserve and other central banks on the U.S. military and NATO, a variety of son a carpet of interwoven alarming crime against society, that has not been followed up.
This book is really an instrument to fight against the brainwashing. If you are willing to spend lots of time to read them, then you are surely to be a lot of trouble over the sad state of the economy, so much pain and suffering for the ordinary people around the world. If you are personally the worst ravages of the economic crisis have escaped then you have much sympathy for those affected most.
In all honesty, if the current global economic crisis has you angry, pessimistic, anxious, paranoid, desperate, and worse still, this book is likely to exacerbate those feelings. With more compounds disclosed consequences and causes, this book will motivate you to do what is fighting against the company, the plutocratic forces to wreak havoc on people's lives. If you already have little confidence in the government, makes it even worse. Does this mean that you do not read? Absolutely not.
Here are some statements from the book that resonates with me and you can decide whether the general philosophical orientation, which is compatible with your views to decide:
"Wall Street Ponzi scheme was used to manipulate the market and to transfer billions of dollars into the pockets of the bankers."
"The government rescue plans worldwide were corporatist in character, as they save the capitalists at the expense of the people."
"The global political economy is transformed into a structure of global governance at the crossroads of a major financial crisis."
Gin only the courage to read out colored markers to highlight certain passages, and expand your knowledge to the propaganda you started to overcome the time. We need more citizen agitation further strengthening of public demonstrations, the powers that corrupt and perverted to overthrow our government. An important voice in the mainstream media, which is in phase with the pain messages in this book, Dylan Ratigan was a terrible sight daily on MSNBC. He should also read this book on time.
If millions of Americans read this book, we would probably create a much stronger rebellion against the political establishment has refused to punish severely the perpetrators of numerous accounts, banks and mortgage to the decline of the United States and the global economic system.
This book contains a number of factors in twenty chapters, as is corruption in the world, because to reveal the interests of plutocratic power, rich and businesses. Conference rooms of Wall Street business of the Federal Reserve and other central banks on the U.S. military and NATO, a variety of son a carpet of interwoven alarming crime against society, that has not been followed up.
This book is really an instrument to fight against the brainwashing. If you are willing to spend lots of time to read them, then you are surely to be a lot of trouble over the sad state of the economy, so much pain and suffering for the ordinary people around the world. If you are personally the worst ravages of the economic crisis have escaped then you have much sympathy for those affected most.
In all honesty, if the current global economic crisis has you angry, pessimistic, anxious, paranoid, desperate, and worse still, this book is likely to exacerbate those feelings. With more compounds disclosed consequences and causes, this book will motivate you to do what is fighting against the company, the plutocratic forces to wreak havoc on people's lives. If you already have little confidence in the government, makes it even worse. Does this mean that you do not read? Absolutely not.
Here are some statements from the book that resonates with me and you can decide whether the general philosophical orientation, which is compatible with your views to decide:
"Wall Street Ponzi scheme was used to manipulate the market and to transfer billions of dollars into the pockets of the bankers."
"The government rescue plans worldwide were corporatist in character, as they save the capitalists at the expense of the people."
"The global political economy is transformed into a structure of global governance at the crossroads of a major financial crisis."
Gin only the courage to read out colored markers to highlight certain passages, and expand your knowledge to the propaganda you started to overcome the time. We need more citizen agitation further strengthening of public demonstrations, the powers that corrupt and perverted to overthrow our government. An important voice in the mainstream media, which is in phase with the pain messages in this book, Dylan Ratigan was a terrible sight daily on MSNBC. He should also read this book on time.
Colombia-Venezuela to strengthen ties FTA Imperii
The agreement proposed US-Colombia free trade could be in danger because of the relationship more comfortable with the president Juan Manuel Santos, with Venezuelan President Hugo Chavez, told the Miami Herald.
Since taking office, Chavez has been very critical of America and its foreign policy, and strengthening ties between his country and many enemies in the world, in essence, the tightening of US-Venezuela.
Santos embrace of Chavez is seen by many in the U.S. as a guarantee of failure in seeking passage of a trade pact between the people and the U.S.
Despite several meetings with Chavez and tourism in many countries around the world, Santos has not extradited to S. U. He snubbed the United States in the choice of a Venezuelan drug lord returns to his home instead of visiting America. Santos and no project, an agreement allowing U.S. troops on military bases in Colombia must be renewed.
"I'm adrift: their orientation is not weighted according to the U.S. than it was before," Carl Meacham, a senior fellow for the Committee on Foreign Affairs of the Senate Ranking Member Richard Lugar (R -IN), told The Miami Herald.
Some believe, however, that Santos is simply to stimulate the U.S. to act. Anyone who thinks that's the case I think Santos is a close relationship with Chávez to fear in American politics, who will immediately ratify the agreement not to lose an ally in the region.
"Bit disappointed by the Colombian United States," Enrique Santos Calderon, the president's brother, told the Miami Herald. "There is a feeling that we need to take some distance and stop, another advantage that no is not reciprocal. "
The agreement was signed, which was negotiated in 2006 under the Bush presidency for four years in Congress as lawmakers debate the merits languishes establish a free trade agreement with a country that condones the killing of trade unionists .
In 2009, a total of 48 union members were murdered. Already this year, 29 unionists were killed.
The United States should, in the absence of free trade agreements with countries that do not allow its workers to unionize, collective bargaining or, if necessary, the attacking force. Much less a nation that turns a blind eye to the murder of people who participate in these activities.
Over the past 20 years, 2,754 trade unionists in Colombia have been murdered. More often than not, no convictions ever received. In the rare cases where prosecutors are able to obtain a conviction for about 5 percent of the time, it is often overlooked that the government is not a suspect in the crime. This is the case in 40 percent of the area convicted of murdering a trade unionist.
Not only Colombia Free Trade Agreement between jobs and poor view of human rights, but the trade pact would hurt the economy by the national trade deficit and tens of thousands of jobs in the process .
The American people feared, according to the Economic Policy Institute. Trade agreements with the previous model EPI projects, trade agreements with Colombia and South Korea are very expensive, the U.S. economy would be. The study revealed that the nation lost 214,000 jobs by 2015, manufacturing jobs for better pay. The trade deficit has increased $ 16800000000, the study projects.
Since taking office, Chavez has been very critical of America and its foreign policy, and strengthening ties between his country and many enemies in the world, in essence, the tightening of US-Venezuela.
Santos embrace of Chavez is seen by many in the U.S. as a guarantee of failure in seeking passage of a trade pact between the people and the U.S.
Despite several meetings with Chavez and tourism in many countries around the world, Santos has not extradited to S. U. He snubbed the United States in the choice of a Venezuelan drug lord returns to his home instead of visiting America. Santos and no project, an agreement allowing U.S. troops on military bases in Colombia must be renewed.
"I'm adrift: their orientation is not weighted according to the U.S. than it was before," Carl Meacham, a senior fellow for the Committee on Foreign Affairs of the Senate Ranking Member Richard Lugar (R -IN), told The Miami Herald.
Some believe, however, that Santos is simply to stimulate the U.S. to act. Anyone who thinks that's the case I think Santos is a close relationship with Chávez to fear in American politics, who will immediately ratify the agreement not to lose an ally in the region.
"Bit disappointed by the Colombian United States," Enrique Santos Calderon, the president's brother, told the Miami Herald. "There is a feeling that we need to take some distance and stop, another advantage that no is not reciprocal. "
The agreement was signed, which was negotiated in 2006 under the Bush presidency for four years in Congress as lawmakers debate the merits languishes establish a free trade agreement with a country that condones the killing of trade unionists .
In 2009, a total of 48 union members were murdered. Already this year, 29 unionists were killed.
The United States should, in the absence of free trade agreements with countries that do not allow its workers to unionize, collective bargaining or, if necessary, the attacking force. Much less a nation that turns a blind eye to the murder of people who participate in these activities.
Over the past 20 years, 2,754 trade unionists in Colombia have been murdered. More often than not, no convictions ever received. In the rare cases where prosecutors are able to obtain a conviction for about 5 percent of the time, it is often overlooked that the government is not a suspect in the crime. This is the case in 40 percent of the area convicted of murdering a trade unionist.
Not only Colombia Free Trade Agreement between jobs and poor view of human rights, but the trade pact would hurt the economy by the national trade deficit and tens of thousands of jobs in the process .
The American people feared, according to the Economic Policy Institute. Trade agreements with the previous model EPI projects, trade agreements with Colombia and South Korea are very expensive, the U.S. economy would be. The study revealed that the nation lost 214,000 jobs by 2015, manufacturing jobs for better pay. The trade deficit has increased $ 16800000000, the study projects.
Important messages have to know newspapers, most of the day: Reclaiming America
Americans usually refer to their homeland as "the best" greatest "," or "the most powerful nation in the world. Barack Obama has used the terminology of his inaugural address and has repeatedly speak to these points in mind that a public database. Congress to do this are doing. The entrepreneur. The people on the street do so easily because they can.
Perhaps the time has come to begin in the light of everything that has happened this nation so-called "big" For us as a superpower to act again.
The United States will have nearly all the natural resources of a country can or must. Saving for our excessive dependence on oil is to develop the U.S. domestic saving enough most of their resources. The United States also has a huge population and relatively well-trained workers. Our students left their colleagues around the world, but with a little effort you can reverse this trend and stimulate the generation of young people into a strong nation in this time to build up substantial damage is a mess.
United States used a model of inefficiency in the field of national infrastructure. President Eisenhower began to aggressively build and expand our highways of America to join with their neighbors and a national community. He did not stop with the highway, he laid the foundation for our current network expansion and reinvention of public service. The result is economic life and sustainable growth.
Unfortunately in the last two decades, our infrastructure has started to fall apart. Chaos in the streets, old trains, bridges in the control system is damaged and water urgently need an update.
We always hear that America would love us to fix the problem if only he had money. Our nation relies on foreign financing of our budget, annual and fiscal imbalances have more than $ 1000000000000 to cover for each of the last two years.
The Republicans have the closure of almost all social services, proposed to save money - regardless of those who rely on these services in order to survive.
Democrats have proposed to simply spend more and the money later.
No one has proposed to bring back the areas where we have more than enough money left over. Our military budget is more than $ 1000000000000 a year. This money will be spent to protect us and prosecute our wars abroad, but also for complex issues easy to do and not used. While people argue about the need in Iraq and Afghanistan can, there is no doubt that our bases in Germany, Japan, South Korea, Spain, Italy, Saudi Arabia, Britain and some remote areas of the waste of money. If we close bases in Europe, the Russian tanks did not appear at the border the next day. If we immediately to withdraw from the Japanese, not Chinese fighters strafe the Imperial Palace. It is also impossible to lead from South Korea to renewed conflict with the North.
The only basic hardware project American power is independent of where the economy. If America is not in national health care system, because these systems are "too expensive" because they have a comprehensive system to an acceptable police.
The worst thing is that the Americans do not use "hard power". Most developed countries in the world hold marginal forces for national defense in size, and the crack team of special forces for operations overseas. Then work with our allies to ensure that any major nuclear power would be stupid enough to violence.
Money saved by maintaining the power of a huge weapon can be included in education, research and infrastructure development, health and national support. How E.U. To pay what the U.S. can not?
If the United States cut military budget with a small portion, perhaps a tenth, could save tens of billions of dollars per year. This money can then in the things that are reinvested to build up the economy. When we send troops abroad, why not send students and teachers to build and repair our image around the world diplomatic? That is what happened in Europe, China, Japan and throughout the developed and developing countries. It is yet another area in which the United States falling behind painful.
In the U.S., we usually only after the crisis landed on us to act before we wait. Our current crisis has been raging for almost two years, and now it is time to take drastic measures to eventually take over. When we mention really great nation, not the "greatest" nation, we are up to the challenge.
Perhaps the time has come to begin in the light of everything that has happened this nation so-called "big" For us as a superpower to act again.
The United States will have nearly all the natural resources of a country can or must. Saving for our excessive dependence on oil is to develop the U.S. domestic saving enough most of their resources. The United States also has a huge population and relatively well-trained workers. Our students left their colleagues around the world, but with a little effort you can reverse this trend and stimulate the generation of young people into a strong nation in this time to build up substantial damage is a mess.
United States used a model of inefficiency in the field of national infrastructure. President Eisenhower began to aggressively build and expand our highways of America to join with their neighbors and a national community. He did not stop with the highway, he laid the foundation for our current network expansion and reinvention of public service. The result is economic life and sustainable growth.
Unfortunately in the last two decades, our infrastructure has started to fall apart. Chaos in the streets, old trains, bridges in the control system is damaged and water urgently need an update.
We always hear that America would love us to fix the problem if only he had money. Our nation relies on foreign financing of our budget, annual and fiscal imbalances have more than $ 1000000000000 to cover for each of the last two years.
The Republicans have the closure of almost all social services, proposed to save money - regardless of those who rely on these services in order to survive.
Democrats have proposed to simply spend more and the money later.
No one has proposed to bring back the areas where we have more than enough money left over. Our military budget is more than $ 1000000000000 a year. This money will be spent to protect us and prosecute our wars abroad, but also for complex issues easy to do and not used. While people argue about the need in Iraq and Afghanistan can, there is no doubt that our bases in Germany, Japan, South Korea, Spain, Italy, Saudi Arabia, Britain and some remote areas of the waste of money. If we close bases in Europe, the Russian tanks did not appear at the border the next day. If we immediately to withdraw from the Japanese, not Chinese fighters strafe the Imperial Palace. It is also impossible to lead from South Korea to renewed conflict with the North.
The only basic hardware project American power is independent of where the economy. If America is not in national health care system, because these systems are "too expensive" because they have a comprehensive system to an acceptable police.
The worst thing is that the Americans do not use "hard power". Most developed countries in the world hold marginal forces for national defense in size, and the crack team of special forces for operations overseas. Then work with our allies to ensure that any major nuclear power would be stupid enough to violence.
Money saved by maintaining the power of a huge weapon can be included in education, research and infrastructure development, health and national support. How E.U. To pay what the U.S. can not?
If the United States cut military budget with a small portion, perhaps a tenth, could save tens of billions of dollars per year. This money can then in the things that are reinvested to build up the economy. When we send troops abroad, why not send students and teachers to build and repair our image around the world diplomatic? That is what happened in Europe, China, Japan and throughout the developed and developing countries. It is yet another area in which the United States falling behind painful.
In the U.S., we usually only after the crisis landed on us to act before we wait. Our current crisis has been raging for almost two years, and now it is time to take drastic measures to eventually take over. When we mention really great nation, not the "greatest" nation, we are up to the challenge.
Stocks a sucker bet
With corporate profits in the records of the U.S. breaking, Wall Street anxiously anticipating the return of individual investors to the stock market. It can be a long wait, because the little boy may have concluded the investment in shares is a sucker bet.
Investors, unlike traders, buying stocks in companies whose profits are ready to go. Conventional wisdom says that stock prices follow profits, but in the last two economic cycles, which simply did not happen.
In February 1998, the first S & P 500 closed above 1,000. From the first quarter of 1998 to the third quarter of 2010, business profits have increased by 203%, but the average daily close of the S & P 500 rose by only 7% - about half of one percent per year.
purchases of stocks does not seem to pay more because most of the greater value created by increased profits was captured by hedge funds, traders electronics, private equity funds, and aggressive mergers and acquisitions (M & A) stores - free-standing and major investment banks - which have mushroomed over the past two decades.
Their activities, in essence, are divided into two categories. aggressive trading - for example, by exploiting the possibilities complex short circuit, quickly identify and exploit their intentions in negotiating large mutual funds and other tactics often associated with exotic and ambiguity of e-commerce. Direct purchase of assets - buying companies underperforming, in whole or in part, to force managers to pay large sums to reorganize their businesses through mergers and divestitures, or exploit business opportunities unattended town manager have been lazy about pursuing.
Not everything was negative for stock prices or unfair.
Cleverly summarizing public information to identify the value in the company before other investors is the way in which stars such as Warren Buffet has become legend. The permanent increase in stock prices in the wake of their actions, and that's good for the ordinary investor in the stock already collect.
Shaping up underperforming companies probably started even before the first greek shippers bought out the rival captains to discharge incompetent and reduce the risks of the sea, spread overheads and get more leverage with the potters, weavers, farmers, and foreign merchants.
However, too much of a good thing - the e-commerce and aggressive coverage - can be disruptive. Watch the costs imposed by the May 6 "Flash Crash" defensive tactics by managers or company besieged by unjustified short circuit. And, often regarded as private equity and M & A shops acquisition of companies and load them up with debt, make large payouts for business, and then disappoint investors and creditors.
Through the above information, fast execution and aggressive marketing, traders and businessmen to capture a large amount of potential increase in value created by new and expected corporate profits before the value is recognized in share prices. This translates into lavish compensation for traders and speculators and stock prices that do not increase profits.
Instead of ordinary people get a decent return on their retirement accounts, real estate prices in the Hamptons and luxury goods sales rise best shopping in Manhattan.
Hedge funds, electronic traders, private equity and M & A in the shops you act on information that is obtained through a careful, legitimate research, but as the ongoing investigations by the Securities and Exchange Commission into insider trading and has published voyeuring electronic reports indicate critical competitive information is obtained through immoral means, and perhaps illegal. The data from unwary corporate officers snooping through electronic espionage and disadvantages of further opportunities for gains by individual investors and traditional mutual funds and pension funds.
It seems completely absurd, but consider that JPMorgan and Bank of America has gone through the entire quarter, third, without a negative trading day - no day to lose on trades of property. Unless you believe in perfection, something stinks about the information they are using.
If someone is winning all the time, then someone else is losing. This is the common investor. Stocks have become a rigged game.
Peter Morici is a professor at the Smith School of Business, University of Maryland School, and former chief economist at the U.S. International Trade Commission.
Investors, unlike traders, buying stocks in companies whose profits are ready to go. Conventional wisdom says that stock prices follow profits, but in the last two economic cycles, which simply did not happen.
In February 1998, the first S & P 500 closed above 1,000. From the first quarter of 1998 to the third quarter of 2010, business profits have increased by 203%, but the average daily close of the S & P 500 rose by only 7% - about half of one percent per year.
purchases of stocks does not seem to pay more because most of the greater value created by increased profits was captured by hedge funds, traders electronics, private equity funds, and aggressive mergers and acquisitions (M & A) stores - free-standing and major investment banks - which have mushroomed over the past two decades.
Their activities, in essence, are divided into two categories. aggressive trading - for example, by exploiting the possibilities complex short circuit, quickly identify and exploit their intentions in negotiating large mutual funds and other tactics often associated with exotic and ambiguity of e-commerce. Direct purchase of assets - buying companies underperforming, in whole or in part, to force managers to pay large sums to reorganize their businesses through mergers and divestitures, or exploit business opportunities unattended town manager have been lazy about pursuing.
Not everything was negative for stock prices or unfair.
Cleverly summarizing public information to identify the value in the company before other investors is the way in which stars such as Warren Buffet has become legend. The permanent increase in stock prices in the wake of their actions, and that's good for the ordinary investor in the stock already collect.
Shaping up underperforming companies probably started even before the first greek shippers bought out the rival captains to discharge incompetent and reduce the risks of the sea, spread overheads and get more leverage with the potters, weavers, farmers, and foreign merchants.
However, too much of a good thing - the e-commerce and aggressive coverage - can be disruptive. Watch the costs imposed by the May 6 "Flash Crash" defensive tactics by managers or company besieged by unjustified short circuit. And, often regarded as private equity and M & A shops acquisition of companies and load them up with debt, make large payouts for business, and then disappoint investors and creditors.
Through the above information, fast execution and aggressive marketing, traders and businessmen to capture a large amount of potential increase in value created by new and expected corporate profits before the value is recognized in share prices. This translates into lavish compensation for traders and speculators and stock prices that do not increase profits.
Instead of ordinary people get a decent return on their retirement accounts, real estate prices in the Hamptons and luxury goods sales rise best shopping in Manhattan.
Hedge funds, electronic traders, private equity and M & A in the shops you act on information that is obtained through a careful, legitimate research, but as the ongoing investigations by the Securities and Exchange Commission into insider trading and has published voyeuring electronic reports indicate critical competitive information is obtained through immoral means, and perhaps illegal. The data from unwary corporate officers snooping through electronic espionage and disadvantages of further opportunities for gains by individual investors and traditional mutual funds and pension funds.
It seems completely absurd, but consider that JPMorgan and Bank of America has gone through the entire quarter, third, without a negative trading day - no day to lose on trades of property. Unless you believe in perfection, something stinks about the information they are using.
If someone is winning all the time, then someone else is losing. This is the common investor. Stocks have become a rigged game.
Peter Morici is a professor at the Smith School of Business, University of Maryland School, and former chief economist at the U.S. International Trade Commission.
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