Sorry about the spelling error (my very young secretary-daughter) does most of my typing. She has a difficult time watching me keyboard with 2 fingers.
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$18000 a year!!!
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The job of a corporation is to make money for its shareholders. Simple. they have no greater good or responsibilty to society and the ones that claim they do do so to attract more investgors or a demographic that would not otherwise invest. They all are in it for the money, and the more for themselves the better. I believe it is called capitalism. And the faceless corporation is a perfect vehicle to achieve it.
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Ron Paul is a Texan Congressman, and I find he has ideas worth absorbing.
He discussed for example, AIG.
It's a huge American corporation with tentacles in country after country. It essentially went bankrupt out of stupidity. So the American Treasury gave it taxpayers' money to keep it on its' feet, and it did for a bit, and the banks revived.
btw, A bankrupt AIG not only has an effect on the American economy, it also has an effect on many economies, including Canada. A profound effect.
After selling two of its' companies to cover the Treasury loan, AIG began jiggling bucks back and forth between Treasury/Feds, and is currently playing an irresponsible shell game.
A smart CEO doesn't lose his company AND his country. That's how big AIG really is.
The AIG folks might keep scooping cash into their private accounts, but it will all come to an end if the USA loses their Triple A rating. The country can go bankrupt, as did New Zealand, and not even be able to pay their postmen.
The USA Debt/GDP ratio is diving too quickly right now; smart CEO's will tighten the foolish spending hatches so the ship doesn't go down. Especially when so many will drown in the debt. They can foresee the chaos that will result.
Smart CEO's know when to raise when and to stay. Madoff-greedy doesn't necessarily mean smart, either.
Ayn Rand was very clear about capitalism, and how it could be successful, if backdropped by a set of principles behind the individual who invests his life in capitalism.
There is more to capitalism than grabbing all. You may want to take the time to read her recommendations wd. Regretfully, AIG's CEO and Directors did not. Parsley
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the faceless corporation is a perfect vehicle to achieve it.
How do you get faceless? The corp must deal with a financial institution at some point and if they do not have a face how do they obtain their objective or financing? They must must have a face for environment. For Shareholders. For employees.
Go to China and join the corrupt and give up the face in my opinion. Pay off the Chinese tax collector maybe even give him your virgin daughter for a night, really great system isn't it. World government we do not need.
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Personal responsibility. That's how capitalism can thrive to provide us with the lifestyle we enjoy.
And I have watched decades of farmers create wealth, support their communities, raise and educate fine children. Taking and giving.
That model is exactly is why a country grows strong in the arms of freedom.
Personal responsibility.
I recall when it used to be called decency. Doing what's right. "Good to his word." A handshake. Business executives respecting all members of the chain.
RESPECTING.
Capitalism cannot survive unless it's preponents practice personal responsibility.
The majority of CEO's and government heads do not.
In my humble opinion. Pars
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the corp remains faceless but is represented by someone. That is the face which can change very quickly to be another face for the public to relate to. It's this temporary face that gets paid and does the dealing as you say above. They have to take a lot of personal crap to be that face, yes even like government representatives, but the ego maniacs love it and are paid accordingly. They don't call the rules of an corp corporate ends for nothing. Faceless.
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Will pass along a key take home message from the Informa Economics outlook presentation last week from the Laurie Demeritt/Hartman Group. It dealt with the emerging food trends in Agriculture.
One of the last questions that was asked was what farmers could do better to meet consumers needs. The answer was "Consumers are interested what happens in primary what you do". Most consumers are a long ways from the farm and don't have an understanding of farmers and their business. This isn't a negative thing but rather a trend towards health and wellness and the desire to know more about food.
When I read the threads, I highlight the importance of branding in the agricultural supply chain. Why important to discussion and corporate responsibility. If you loss your brand name, the corporation dead in the water.
On the original thread, do farmers tell their story well? If the $18,000 doesn't cut it, what can be done differently?
Again off topic but interesting to tie the $18,000 into demographics of the farm community. From the CWB survey, 21 % of farmers are over 65 and collecting CPP/Old age security. About 30 % make less than 40 % of their income from farming. A further 17 % are about 50 50 split farm/off farm. Just over 50 % more the majority of income (over 60 %) from farming.
See page 25 onward for demographics.
<a href="http://www.cwb.ca/public/en/farmers/surveys/producer/pdf/interview_062107.pdf">2007 CWB survey</a>
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I've found at least one buyer who has offered to pick up the testing costs for my flax. Now, I'm not so foolish as to believe that I won't have the hidden test cost buried in the price, or some other after scale practice, but at least they appear worried about a backlash.
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1 Network and Other Communications Equipment 20.4
2 Internet Services and Retailing 19.4
3 Pharmaceuticals 19.3
4 Medical Products and Equipment 16.3
5 Railroads 12.6
6 Financial Data Services 11.7
7 Mining, Crude-Oil production 11.5
8 Securities 10.7
9 Oil and Gas Equipment, Services 10.2
10 Scientific, Photographic, and Control Equipment 9.9
11 Household and Personal Products 8.7
12 Utilities: Gas and Electric 8.7
13 Aerospace and Defense 7.6
14 Food Services 7.1
15 Industrial Machinery 6.9
16 Food Consumer Products 6.7
17 Electronics, Electrical Equipment 6.5
18 Commercial Banks 5.2
19 Telecommunications 5.1
20 Chemicals 5.0
21 Construction and Farm Machinery 5.0
22 Insurance: Life, Health (stock) 4.6
23 Information Technology Services 4.5
24 Computers, Office Equipment 4.3
25 Metals 3.9
26 Wholesalers: Diversified 3.5
27 Insurance: Property and Casualty (stock) 3.3
28 Specialty Retailers 3.2
29 General Merchandisers 3.2
30 Health Care: Pharmacy and Other Services 3.0
31 Packaging, Containers 3.0
32 Beverages 2.9
33 Engineering, Construction 2.7
34 Health Care: Medical Facilities 2.4
35 Health Care: Insurance and Managed Care 2.2
36 Petroleum Refining 2.1
37 Food and Drug Stores 1.5
38 Pipelines 1.5
39 Wholesalers: Health Care 1.3
40 Semiconductors and Other Electronic Components 1.0
41 Energy 0.9
42 Home Equipment, Furnishings 0.7
43 Food Production 0.6
44 Wholesalers: Electronics and Office Equipment -0.3
45 Diversified Financials -0.6
46 Motor Vehicles and Parts -0.7
47 Insurance: Life, Health (mutual) -3.0
48 Hotels, Casinos, Resorts -4.5
49 Automotive Retailing, Services -7.9
50 Forest and Paper Products -9.6
51 Entertainment -10.0
52 Real Estate -13.4
53 Airlines -13.5
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