Comments on: The New Economy http://encoreseraphine.com/2008/07/19/the-new-economy/ Encore Seraphine Thu, 04 Dec 2008 04:07:30 +0000 http://wordpress.org/?v=2.6.5 By: MICHAEL MANNING http://encoreseraphine.com/2008/07/19/the-new-economy/#comment-3679 MICHAEL MANNING Tue, 22 Jul 2008 05:24:19 +0000 http://encoreseraphine.com/2008/07/19/the-new-economy/#comment-3679 As Dudley Moore once said: "They say (of course we all know who 'they' are)" ...that the housing crisis will bottom out. But when is the question. I think it is sad for those who were naive and manipulated. But for new couples, they may get a break to own what would have taken a long time to save up for just in terms of a down payment alone. So, I try to see some ray of light here in this mess created gain by greed. lol! As Dudley Moore once said: “They say (of course we all know who ‘they’ are)” …that the housing crisis will bottom out. But when is the question. I think it is sad for those who were naive and manipulated. But for new couples, they may get a break to own what would have taken a long time to save up for just in terms of a down payment alone. So, I try to see some ray of light here in this mess created gain by greed. lol!

]]> By: matthew http://encoreseraphine.com/2008/07/19/the-new-economy/#comment-3671 matthew Mon, 21 Jul 2008 20:30:49 +0000 http://encoreseraphine.com/2008/07/19/the-new-economy/#comment-3671 Its amussing to me how unstable our economy can be. The government went from the gold standard to this new form of made up paper economy a while back and we havent been truly stable since. So i wonder who this form of economy favors and why we changed. Well the answer is simple. The banks. If you wonder who really runs the country the answer isnt difficult. Just follow the money. The banking system has quietly over the last 5 centuries taken over the world and few really know that it happened. They just accept the system as is and dont question it because it seems to work. It doesnt. The worlds debt not just ours has steadily risen over the last couple of centuries and these are the people who finance evil like in world war 2 when hitler wanted to finance his war. Who did he go to? the banking system. And who do you think keeps the terrorist organizations money for them? You know the answer. Its amussing to me how unstable our economy can be. The government went from the gold standard to this new form of made up paper economy a while back and we havent been truly stable since. So i wonder who this form of economy favors and why we changed. Well the answer is simple. The banks. If you wonder who really runs the country the answer isnt difficult. Just follow the money. The banking system has quietly over the last 5 centuries taken over the world and few really know that it happened. They just accept the system as is and dont question it because it seems to work. It doesnt. The worlds debt not just ours has steadily risen over the last couple of centuries and these are the people who finance evil like in world war 2 when hitler wanted to finance his war. Who did he go to? the banking system. And who do you think keeps the terrorist organizations money for them? You know the answer.

]]> By: Esteban Moody http://encoreseraphine.com/2008/07/19/the-new-economy/#comment-3663 Esteban Moody Mon, 21 Jul 2008 02:37:20 +0000 http://encoreseraphine.com/2008/07/19/the-new-economy/#comment-3663 Merrill Lynch can kiss my ass. Esteban Moodys last blog post..<a href="http://feeds.feedburner.com/~r/Myg/~3/337686366/" rel="nofollow">Say What?</a> Merrill Lynch can kiss my ass.

Esteban Moodys last blog post..Say What?

]]> By: Jen http://encoreseraphine.com/2008/07/19/the-new-economy/#comment-3662 Jen Mon, 21 Jul 2008 02:30:08 +0000 http://encoreseraphine.com/2008/07/19/the-new-economy/#comment-3662 So many problems in America...sad...just sad. So many problems in America…sad…just sad.

]]> By: susan http://encoreseraphine.com/2008/07/19/the-new-economy/#comment-3656 susan Sun, 20 Jul 2008 05:41:08 +0000 http://encoreseraphine.com/2008/07/19/the-new-economy/#comment-3656 I came by to offer congrats for the show. Hope it works out soon. There was an article in the NY Times today titled 'US Economy - Too Big To Fail?' susans last blog post..<a href="http://phantsythat.blogspot.com/2008/07/at-what-cost.html" rel="nofollow">at what cost?</a> I came by to offer congrats for the show. Hope it works out soon.

There was an article in the NY Times today titled ‘US Economy - Too Big To Fail?’

susans last blog post..at what cost?

]]> By: Glenn Bishop http://encoreseraphine.com/2008/07/19/the-new-economy/#comment-3655 Glenn Bishop Sun, 20 Jul 2008 01:48:16 +0000 http://encoreseraphine.com/2008/07/19/the-new-economy/#comment-3655 Neat post - I was wondering if the price of gas goes up more if magicians might "do magic tricks for gas"? Because I have done magic for tips or spare change. I hope you have a great weekend Seraphine. Glenn Bishop Neat post - I was wondering if the price of gas goes up more if magicians might “do magic tricks for gas”? Because I have done magic for tips or spare change.

I hope you have a great weekend Seraphine.

Glenn Bishop

]]> By: John J Savo, the Authoring Auctioneer http://encoreseraphine.com/2008/07/19/the-new-economy/#comment-3654 John J Savo, the Authoring Auctioneer Sat, 19 Jul 2008 21:31:26 +0000 http://encoreseraphine.com/2008/07/19/the-new-economy/#comment-3654 hmmm comment luv didn't seem to work John J Savo, the Authoring Auctioneers last blog post..<a href="http://authoringauctioneer.com/blog/moths-are-the-dumbest-of-creatures/" rel="nofollow">Moths are the Dumbest of Creatures</a> hmmm comment luv didn’t seem to work

John J Savo, the Authoring Auctioneers last blog post..Moths are the Dumbest of Creatures

]]> By: John J Savo, the Authoring Auctioneer http://encoreseraphine.com/2008/07/19/the-new-economy/#comment-3653 John J Savo, the Authoring Auctioneer Sat, 19 Jul 2008 21:30:39 +0000 http://encoreseraphine.com/2008/07/19/the-new-economy/#comment-3653 I feel sorry for none of them... They did it to themselves... Just another bubble. When will they learn? I feel sorry for none of them… They did it to themselves… Just another bubble. When will they learn?

]]> By: Zhu http://encoreseraphine.com/2008/07/19/the-new-economy/#comment-3652 Zhu Sat, 19 Jul 2008 21:09:42 +0000 http://encoreseraphine.com/2008/07/19/the-new-economy/#comment-3652 Yep... when banks go bankrupt, you know it means trouble. That said, I'd expect a stockbroker to have some savings, unlike the rest of us! Zhus last blog post..<a href="http://feeds.feedburner.com/~r/CorrerEsMiDestino/~3/339972848/" rel="nofollow">How To Visit Canada (3/10)</a> Yep… when banks go bankrupt, you know it means trouble. That said, I’d expect a stockbroker to have some savings, unlike the rest of us!

Zhus last blog post..How To Visit Canada (3/10)

]]> By: Lindsaylobe http://encoreseraphine.com/2008/07/19/the-new-economy/#comment-3651 Lindsaylobe Sat, 19 Jul 2008 14:31:56 +0000 http://encoreseraphine.com/2008/07/19/the-new-economy/#comment-3651 Merrill is employing new executives like Thomas Montag, who was previously with Goldman Sachs (Goldman Sachs avoided most of the losses of the U.S. subprime mortgage market) and it was reported in the Wall Street Journal of May 5 he’s to be guaranteed a stock and cash bonus of $39.4 million next year as head of global sales and trading for both debt and equities. CEO’s of large securities firms in the past few years’ remuneration packages varied, but reports suggest amounts ranging between $21 million and $54 million each. Soon, as hapless shareholders meet at annual meetings they must surely ponder why it must be so and hopefully will push for resolutions to limit top pay and make it conditional on shareholder voter acceptance. More emphasis is needed on long term sustainability and to link it to remuneration, e.g. Stock options which are converted to shares are not be sold whilst those recipients remain employed in the company. Their free to receive the dividends but not to sell the shares. But more importantly I do hope Barrack Obama, should he claim the White House, will introduce legislation on sensible corporate pay limits. best wishes Lindsaylobes last blog post..<a href="http://lindsaylobe.blogspot.com/2008/07/whats-going-on-in-usa.html" rel="nofollow">What’s going on in the USA?</a> Merrill is employing new executives like Thomas Montag, who was previously with Goldman Sachs (Goldman Sachs avoided most of the losses of the U.S. subprime mortgage market) and it was reported in the Wall Street Journal of May 5 he’s to be guaranteed a stock and cash bonus of $39.4 million next year as head of global sales and trading for both debt and equities.

CEO’s of large securities firms in the past few years’ remuneration packages varied, but reports suggest amounts ranging between $21 million and $54 million each.

Soon, as hapless shareholders meet at annual meetings they must surely ponder why it must be so and hopefully will push for resolutions to limit top pay and make it conditional on shareholder voter acceptance. More emphasis is needed on long term sustainability and to link it to remuneration, e.g. Stock options which are converted to shares are not be sold whilst those recipients remain employed in the company. Their free to receive the dividends but not to sell the shares.

But more importantly I do hope Barrack Obama, should he claim the White House, will introduce legislation on sensible corporate pay limits.
best wishes

Lindsaylobes last blog post..What’s going on in the USA?

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