tag:blogger.com,1999:blog-38606399.post5349915533612759432..comments2023-09-23T00:38:53.296-07:00Comments on Money and Such: Productivity & the Financial IndustryUnknownnoreply@blogger.comBlogger4125tag:blogger.com,1999:blog-38606399.post-1893592517583024612009-06-09T12:49:10.919-07:002009-06-09T12:49:10.919-07:00I have mixed feelings about this post. While I kno...I have mixed feelings about this post. While I know that the financial services industry contributes a huge amount of money to the US each year as a business and a profession, sometimes I think that the results were for naught if higher finance people screw it up anyways.Finance Phihttp://www.goinsurancerates.com/auto-insurance/noreply@blogger.comtag:blogger.com,1999:blog-38606399.post-27039708960339322072009-06-03T10:55:50.213-07:002009-06-03T10:55:50.213-07:00I completely agree. Saying that financial institut...I completely agree. Saying that financial institutions are useless (or just push papers around) just shows someone's ignorance. <br /><br />On another note I recently watched Bill Maher interview someone on a topic of a small country that I happen to know a lot about. I was not impressed at all. You could tell he had not done his research and he actually allowed false information to be stated without challenging it. I was not impressed.asgreenhttps://www.blogger.com/profile/16263070631310383038noreply@blogger.comtag:blogger.com,1999:blog-38606399.post-28542381791787659922009-06-02T10:19:49.940-07:002009-06-02T10:19:49.940-07:00I agree with the point being made in the blog entr...I agree with the point being made in the blog entry. The Finance Industry adds something important to our economy.<br /><br />I also think that the Finance Industry went so wildly off the mark with the massive promotion of Passive Investing that it can fairly be said today that the system is broken and that we need to get it fixed before it can be said that the Finance Industry is making a positive contribution again.<br /><br />We are to blame. That's my belief. We all should care about the workings of our economic system, just as we all should care about the environment. It's not somebody else's job to fix the problems. It's our economy. It's our job.<br /><br />RobRob Bennetthttp://arichlife.passionsaving.comnoreply@blogger.comtag:blogger.com,1999:blog-38606399.post-12141023029596897502009-06-02T09:48:54.583-07:002009-06-02T09:48:54.583-07:00"that role is resource allocation." - I think you ..."that role is resource allocation." - I think you meant, dictating who succeeds and manipulating so as to extract as much resource as possible from society. <br /><br />"They are the ones that look at countless project proposals and decide . . . [which one of their friends to align with to extract the most wealth while crushing many others attempting to achieve the same goals]" . . . <br /><br />Yes, that's better.Traciatimhttps://www.blogger.com/profile/07939921958167371917noreply@blogger.com