How it affect you? Did you buy insurance? Did you buy mini note or bonds?
Who fault?
They only talk about how bad the crisis will be, but they did not give regulation measures…..
Although not approved initially when thinking of using tax payer money, $700B is used to save finance industry only, how about the industry that you are in.....retail industry, construction industry, manufacturing industry, R&D, electronics, electrical, mechanical, chemical, IT etc.... each industry will be able to enjoy at least $10B.......Which will make every industry vibrant…..
They say without using tax payer money, they will not be able to lend to small companies…..
Bank primary role is to lend money….else what sort of business will let them earn….?
Many companies had been merged and consolidated, and they are stronger now, so don’t bail out, they will consolidated…..
Many ways of raising their own funds eg preference shares, sovereignty fund etc.
The top management of the Public listed company ( belong to "public" ) salary should be tied a portion of it to the shares price ( IPO or ave 5 years ).... so when the shares price drop, it don't just penalise the investors, but those who don't take care of the company.....If this rule is pass on, without any need of further regulation, all industries ( as long as it is public listed ) will be self regulated......
We must push for it for our next generations......
Sign a petition to your favourite president candidate, congress member again and ask for their views to comment on this, and what regulations they are going to raise for implementation.....If you agree on my point, please share with many people as possible....
Media and finance sector are the only two sectors ( hopefully Hacker can also ) which can overcome political incorrect power, so it is time to fine tune to the correct path, so hopefully media can united to report the truth...... ( because after this incident, they will still required media in future )
I am trying to draw every person in New York. I will be drawing people everyday and posting as frequently as I can. It is possible that I will draw you without you knowing it. I draw in Subway stations and museums and restaurants and on street corners. I try not to be in the way when I am drawing or be too noticeable. Whenever I have a new batch of drawings I will post them on this blog. If you would like to increase the chances of a portrait of YOU appearing on this blog please email me (art@jasonpolan.com) a street corner or other public place that you will be standing at for a duration of two minutes (I will be on the corner of 14th street and 8th avenue on the North-east corner of the street from 2:42-2:44pm this Thursday wearing a bright yellow jacket and navy rubber boots, for example). Please give me more than a 24 hour warning and please make it a scenario that is not too difficult for you to accomplish (the corner outside of the store you work at during lunch time, or in front of a museum you were going to go to on a Saturday) because I may unfortunately miss you and do not want you to have to invest more than 2 minutes of your time in case I cannot make it. You may or may not see me drawing you during this time. If I do draw you, you will see yourself (or rather, a drawing that hopefully somewhat resembles you) on this blog that evening.
When the project is completed we will all have a get together.
2 comments:
Jason, for lack of a creative comment, I really like your drawings.
Wade
Recently an insurance company nearly wind up....
A bank is nearly bankrupt......
How it affect you? Did you buy insurance? Did you buy mini note or bonds?
Who fault?
They only talk about how bad the crisis will be, but they did not give regulation measures…..
Although not approved initially when thinking of using tax payer money, $700B is used to save finance industry only, how about the industry that you are in.....retail industry, construction industry, manufacturing industry, R&D, electronics, electrical, mechanical, chemical, IT etc.... each industry will be able to enjoy at least $10B.......Which will make every industry vibrant…..
They say without using tax payer money, they will not be able to lend to small companies…..
Bank primary role is to lend money….else what sort of business will let them earn….?
Many companies had been merged and consolidated, and they are stronger now, so don’t bail out, they will consolidated…..
Many ways of raising their own funds eg preference shares, sovereignty fund etc.
The top management of the Public listed company ( belong to "public" ) salary should be tied a portion of it to the shares price ( IPO or ave 5 years ).... so when the shares price drop, it don't just penalise the investors, but those who don't take care of the company.....If this rule is pass on, without any need of further regulation, all industries ( as long as it is public listed ) will be self regulated......
We must push for it for our next generations......
Sign a petition to your favourite president candidate, congress member again and ask for their views to comment on this, and what regulations they are going to raise for implementation.....If you agree on my point, please share with many people as possible....
Media and finance sector are the only two sectors ( hopefully Hacker can also ) which can overcome political incorrect power, so it is time to fine tune to the correct path, so hopefully media can united to report the truth...... ( because after this incident, they will still required media in future )
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