tag:blogger.com,1999:blog-316774933262163695.post7338418041794277569..comments2023-10-11T08:31:50.397-04:00Comments on moneythoughts: Too Big To Fail Is An Ever Present Dangermoneythoughtshttp://www.blogger.com/profile/08462893426608294171noreply@blogger.comBlogger4125tag:blogger.com,1999:blog-316774933262163695.post-54576656930665082072011-06-21T20:25:57.280-04:002011-06-21T20:25:57.280-04:00Why is this allowed to continue??!!
Aloha f...Why is this allowed to continue??!!<br /><br /><br /><br /><br /><br /><br /> Aloha from Honolulu :)<br /><br /><a href="http://comfortspiral.blogspot.com/" rel="nofollow">Comfort Spiral</a><br /><br />><}}(°><br /><br /> <br /> ><}}(°><br /><br /><°)}}><Cloudiahttps://www.blogger.com/profile/05853753108637831069noreply@blogger.comtag:blogger.com,1999:blog-316774933262163695.post-88496576110743390722011-06-21T20:17:34.860-04:002011-06-21T20:17:34.860-04:00Also our economy has become addicted to low intere...Also our economy has become addicted to low interest rates. When interest rates are low, money in the bank doesn't make much sense in terms of earnings. In low interest rate times, people make more money if they buy at the start of various bubbles in housing, stock or what ever.<br /><br />Higher interest rates could return more balance to the economy, but it would also slow down the current economy adding significantly to unemployment as well as more people being upside down in their homes. This would happen after such low rates have been the norm for so long.<br /><br />The economy has become addicted to low interest putting us in a "damned if you do damned if you don't" situation. <br /><br />The Fed may try to back off a bit on money supply to let interest rates slowly rise, but unemployment remains high even at these low rates. We've kind of backed ourselves into a corner. <br /><br />I prefer the painter analogy, we've painted ourselves into a corner. We're partially to blame, but also they've (meaning the rich and many politicians) have held most of the paint brushes.Theslowlane Robert Ashworthhttps://www.blogger.com/profile/10082164332880198884noreply@blogger.comtag:blogger.com,1999:blog-316774933262163695.post-19809110065929427802011-06-21T15:42:25.098-04:002011-06-21T15:42:25.098-04:00Lou, you are right about so much of what you wrote...Lou, you are right about so much of what you wrote that there is no need to correct a thing. <br /><br />The Board of Directors of many banks, as well as other corporations, rubber stamp what senior management wants to do. They are picked for board seats because the know how to get along and go along. : ) Shareholder value gets gutted as happened to so many of us.moneythoughtshttps://www.blogger.com/profile/08462893426608294171noreply@blogger.comtag:blogger.com,1999:blog-316774933262163695.post-45626113802286844242011-06-21T14:14:24.149-04:002011-06-21T14:14:24.149-04:00Whatever happened to working on a salary? Why are...Whatever happened to working on a salary? Why are bonuses even necessary? And please don't say to attract the best and brightest - the 'best and brightest' have just about bankrupted us. Of course, the HAVE enriched THEIR lives, but at the expense of mine.<br /><br />There was time time in this country when "Saving", putting money in the bank, was seen as virtuous. Thrift was respected. And putting money in the bank was how you saved up for retirement - how you were going to supplement your Social Security. Or you put money into your pension plan at work AND saved money in the bank.<br /><br />Banks did banking - REAL banking - your money accrued interest (compounded daily) - and you could see a solid future for yourself.<br /><br />Where the hell did all that go?<br /><br />Into politicians' pockets. Into Banking Executives pockets. Into bank portfolios of "Investment Grade Securities". But not into mine.Anonymoushttps://www.blogger.com/profile/13024392628362568010noreply@blogger.com