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Hard Lessons One year after the Wall Street meltdown, CFOs say business will never be the same.

Alix Stuart, CFO Magazine
September 1, 2009


One year after the Wall Street meltdown, CFOs say business will never be the same.

My comment title is the story subtitle. Didn't they think that way after the Great Depression occurred then ended? Or during and after other recessions? Capitalism works in cycles of boom and bust. That is its nature (see Karl Marx).

Thus, there will be more boom and bust but just of different underlying financial and/or real economy drivers.

Posted by David Newman | Sep 9, 2009 11:53 AM ET

What is politics?

What is politics?
A little boy goes to his dad and asks, ?What is politics??
Dad says, well, son, ?Let me try to explain it this way: I am the breadwinner, of the family, so let?s call me capitalism. Your mom, she is the administration of the money, so we will call her the Government. We are here to take care of your needs so we will call you the people. The nanny, we consider the Working Class.
And your baby brother, we will call him the Future. Now think about that and see if that makes the sense.?
So the little boy goes off to bed thinking about what the dada had said.
Later that night, he hears his baby brother crying, so he gets up to check on him.
He finds that the baby brother has severely soiled his diaper. He goes to his parents? room and finds his mother sound asleep. Not wanting t wake her, he goes to the nanny?s room. Finding the door locked, he peeps in the keyhole and sees his father in bed with the nanny. He gives up and goes to bed.
The next morning, the little boy says to his father, ?Dad, I think I understand the concept of politics now.?
The father says.? Good son, tell me in your own words what you think politics is all about?
The little boy replies,? Well while the Capitalism is screwing the Working Class, the Government is sound asleep, the People are being ignored and the Future is a deep poo.?
I thank you
Firozali A Mulla

Posted by Firozali A Mulla | Sep 3, 2009 9:41 AM ET