Wow, maybe I should go into finance, or at least being an "expert" on it. I was saying what this article suggests earlier this year. (Horn-tooting found here....)
The system is broken. Why are we going to continue to let people make tons of money losing other people's money?
They want teachers to get paid on performance when they don't control the product coming in? Well, then I think investment bankers, paper pushers and the like should get the same thing. Not paid on how many millions they move, but how much they actually make!
Also, its finally being admitted that the "recovery" is only in the financial sector and the business world. Companies had bloated payrolls and have trimmed down. The issue is, people on the street need jobs. We're having a 2-tiered recovery. The rich get back to getting richer, the rest of us hold on and hope.
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