In my blog of December 9, 2010, I listed 10 main changes needed to the Capitalist system. I am a capitalist, but I recognize the need for change. The severity of the economic meltdown and the outrageous extravagance of those taking advantage of Capitalism, makes change so very necessary. One can point to many faults,… Continue reading Capitalism Needs Tweeking – 10 Corrective Measures Needed
Tag: Capitalism
Investing Insights
Important Themes from My 2010 Blog Firstly I wish to thank the readers for taking the time in this busy world to read this blog. I started writing in June 2010 with the thought that people buy an inexpensive household item only after comparison shopping and due consideration, yet people invest their life savings by… Continue reading Investing Insights
What is Wrong with Capitalism – #2 of 10 Checklist of Dec 9/10 – Lack of Warranty
A Warranty is normally attached to a product, except in the Financial Industry The Lack of Warranty attached to Financial Investments. Buying a car means whoever sold you the car stands behind the car. The financial system works on the opposite principle. BUYER BEWARE ! Money is Earned by Your Advisor When you Buy Something… Continue reading What is Wrong with Capitalism – #2 of 10 Checklist of Dec 9/10 – Lack of Warranty
A Problem with Democracy – Our cherished Rights – WikiLeaks founder Julian Assange
Our Cherished Rights We in democratic societies fight to keep our cherished rights. We feel that any move to restrict our rights, is a move against individual freedom, and is something that is not very good. Generally these cherished rights are necessary to our well-being. These rights protect us and mandate the way that our… Continue reading A Problem with Democracy – Our cherished Rights – WikiLeaks founder Julian Assange
The Recovery Continues – North American and European societies are simply too strong to lay dormant
We have often commented that the economy is gradually recovering. The North American and European societies are simply too strong to lay dormant. There will be a lot of bumps in the road, and a lot of bad news along the way, but gradually and surely, this cycle will become a memory, just like every… Continue reading The Recovery Continues – North American and European societies are simply too strong to lay dormant
Make the Capitalist System Work – It can be the Best System
My Checklist – Following my Blog of Dec 9/10 Capitalism is the ability of the private sector to raise money and invest that money in the private sector. One must differentiate between the good and the difficult parts of our system. The good must be recognized and honored. The bad must be addressed. As civilization… Continue reading Make the Capitalist System Work – It can be the Best System
The Financial Meltdown was Avoidable – What is Capitalism?
In a recent blog, I tried to give an overview of what happened and why it happened. In writing that blog, it occurred to me that the subject of how to avoid future similar meltdowns is about as confused in the public’s minds as to the reasons why the meltdown occurred. If you Understand Why… Continue reading The Financial Meltdown was Avoidable – What is Capitalism?
The Morality of Financial Crimes
A Complete Lack of Social Conscience The world suffered a tremendous shock in 2008 and 2009. Greedy and unconscionable financial industry executives did what they always do. They stole as much money from the unsuspecting as they could, and they paid zero attention to the effect of this theft on the societies that allowed them… Continue reading The Morality of Financial Crimes