You won't read this in the Wall Street Journal or any other rag, but the above title is correct. It is also sad and sobering. Save for government related jobs women still earn 77% of her male colleague in blue to white collar jobs and this is 2009 not 1909. Disgusting isn't it?
Just think what would happen if the women of this nation finally put their power into a mass political surge to put an end to it all.
Ssh! Here's the big unknown that just shouldn't ( ok, maybe it truly should) get out into the marketplace of ideas. If only women knew that they currently they hold 51% of the vote; 51% of the population; and, 53% ownership on corporate stock on Wall Street. If they only knew...oh my, you go girls!
Showing posts with label Wall Street. Show all posts
Showing posts with label Wall Street. Show all posts
Monday, March 30, 2009
Thursday, March 12, 2009
Stimulus Package: Where's Ross Perot When We Surely Need Him?
Where's Ross Perot we need him? No, I am not talking about leading the country, although I do think he would be a great source of knowledge in these troubled times. I am talking about his ability to get up close and personal with his flip charts. Who could forget his visual effects during the 1992 presidential campaign? Whether we want to admit it or not he did inculcate a lot of difficult information with those big charts and keen pointers.
Every one is in a tizzy over the stimulus package and the bail out of banks. The information is so esoteric that the average citizen doesn't gasp the rationale for the continued loaning to A.I.G. and Citibank, for example. For that matter, many well educated people "get it" but continue to berate the Obama plan for no other reason than to follow the party line.
One huge reason why we must continue to bail out the big boys falls to a concept known as "credit default swap". This is a very complicated bank-to-bank scheme wherein world banks pay off a monthly type of insurance plan (this plan that must be paid monthly for fear of a run on the banks). In other words, A.I.G. and Citibank are wrapped up in a world web from which they cannot be extracted.
So, why bring in Ross Perot? Well, maybe not him physically, but someone who could graphically explain the whole process to us in order to bring credibility back to Wall Street. Yes, we need a Perot type person who is not connected to the financial barons who could flip chart us into some modicum of sanity.
Every one is in a tizzy over the stimulus package and the bail out of banks. The information is so esoteric that the average citizen doesn't gasp the rationale for the continued loaning to A.I.G. and Citibank, for example. For that matter, many well educated people "get it" but continue to berate the Obama plan for no other reason than to follow the party line.
One huge reason why we must continue to bail out the big boys falls to a concept known as "credit default swap". This is a very complicated bank-to-bank scheme wherein world banks pay off a monthly type of insurance plan (this plan that must be paid monthly for fear of a run on the banks). In other words, A.I.G. and Citibank are wrapped up in a world web from which they cannot be extracted.
So, why bring in Ross Perot? Well, maybe not him physically, but someone who could graphically explain the whole process to us in order to bring credibility back to Wall Street. Yes, we need a Perot type person who is not connected to the financial barons who could flip chart us into some modicum of sanity.
Subscribe to:
Posts (Atom)
