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« Criticism of Fellow Democrats | Main | Montco Democrats Make Gains »

October 21, 2007

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dl

It took me days, but here is a great commentary on how Wall Street is overpaying executives with reirement savings accounts. And how they are all "in it together." How they have used the law and working class funds to get rich.

http://www.skaggs-island.org/sustainable/gatesheist.html

Add that knowledge to the transcript of Bogle from Bill Moyers PBS show. The CEO of Vanguard says the economy and Wall Street is being driven by investment securities firms like the Carlyle Group. The nursing care take-over/buy-outs are mentioned. Bogle claims, correctly, that these groups add nothing of value. They are merely profit takers and they need to be controlled, yet they are the biggest area of growth.

Both reports prove There is Something Seriously Wrong Here.

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