Thanks Occupy Atlanta!!!!

I would like to thank Occupy Atlanta for making JP Morgan Chase truly follow their slogan of "Going the extra mile for our veterans". The link to the story is below.

Occupiers force JP Morgan's hand 

Public Pension debate question

What results would occur if public employee pensions were directed to not invest the employee contributions for one month?

China's economic development/political stability

Hey

I am watching comments and actions from China's government lately and am wondering if they are starting to deliberately slow down economic development to keep their political system in tact. I have read and am posting the following stories that piqued my interest.

When the rich leave an area, there is a need that isn't being met. I'm feeling that the need not being met has a lot to do with personal freedom and expression.

Guardian article

Reuters article

Moving Forward economically post 2 Corporate Profits

Corporate profits are up. They are up a lot. This is both a problem and an opportunity. It is also a reflection on its unique position within the current economic climate. No other part of the economy as much a rosy picture as corporate executives and shareholders. The government is broke. Too high a percentage of consumers are either broke or not far from broke. This is not a fair balance.

The questions that will be covered in the following posts are 'How did this disparity happen?' and "What are the changes needing to be made so that the economy rises as whole while corporations are still making profits?'.

Bank fees = Anti Business

The message sent from the banking industry to businesses and consumers has been received. Their need to feed their bonus machine is more important than allowing businesses and consumers to keep their money and be better capitalized to expand the economy. Consumers and businesses that use their debit cards are now going to pay for a bank executive's bonus instead of paying more for expenses or saving.

The idea that banks will not be able to function or make plenty of money without this fee is a lie. The idea that they are doing this because of restrictions on fees they charge businesses totally and completely validates the argument that they are looking out for their own profits before anyone else's. It is another scheme to protect their bonuses and will as has been the pattern of the last 7-8 years be detrimental to the economy as a whole.

I just hope bank executives remember that they took away money from the economy and individuals in order to receive their bonus. Congratulations.

Another revenue gimmick for Banking Industry

In another move to take away money from business and consumers, the banking industry is about to put on a fee for simply using a debit card. The story is from AP via Yahoo!.

This is just another example of how banks are more in business for themselves than in it to grow business. Ridiculous!!!!!

Moving forward economically one step at a time post 1

This is the beginning post to a series covering the topic of how to move this country's economy forward. Smaller sub-topics such as levels of corporate profits, war budgets, government budgets, consumer spending, and comparing the actions of this generation to the actions of previous generations actions during similar times will be covered.