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John R. Carroll[_3_] John R. Carroll[_3_] is offline
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Default Income gap between rich and poor

F. George McDuffee wrote:
On Fri, 23 Apr 2010 14:02:42 -0700, "John R. Carroll"
wrote:

Ed Huntress wrote:

Hmm. There was a brief article by a Germany expert in Harper's a few
months ago. It's pretty light but you'll see the general idea,
without the numbers. This may or may not be behind a pay firewall --
I'm a subscriber, but it seems to be accessible without logging in.
Give it a try:

http://www.harpers.org/archive/2010/03/0082859


http://www.newheadnews.com/harpersGeoghegan/index.html

=========

Geoghegan raises some interesting points, however it all boils
down to Lord Acton's astute observation "power corrupts and
absolute power corrupts absolutely." How well this would work in
the U.S. is problematical without wholesale replacement of the
officers and senior management.


We've got a Kenyan President. Why not run Germany's model of governance?
LOL
(That was for the Birther's)

As you delve into corporate
history, particurarly of those US firms that went bankrupt, it is
instructive to note how many times an "Imperial" CEO with an
attitude was directly responsible.

Several well known German [export] companies have become
embroiled in bribery scandles, so their "export success" may not
be entirely due to the three factors listed in the article, but
rather the application of considerable sums of money to "smooth
the way."

http://www.spiegel.de/international/...686513,00.html
http://www.spiegel.de/international/...686238,00.html
http://www.spiegel.de/international/...685408,00.html



It's happened here to George. One that wasn't mentioned was Siemens or
Thyssen. I forget which one
I wouldn't say it's indicative. Would you?

The bottom line seems to be that American government should work for the
broad spectrum of the American people.
Right now, it's rigged to sheer them as a flock in the mistaken belief that
we'll be "stronger" as one result.
The actual fact is that by devaluing the work and people that actually
produce something with their hands and minds combined, we are just screwed.
Geoghegan correctly observes that we wost probably will be sitting out the
next economic revolution. We are far down that road already.

--
John R. Carroll