Credit cards made their real push in 1958 and banks began making consumer loans
until then money was actually worth something Debt and the value of money is one
problem but since we allowed companies to get tax breaks from governments and at
the same time take jobs off shore we have had a race to the bottom in terms of living
standards,
The time has come to ensure companies who receive and tax breaks or reductions
give something in return. The job creation money they doled out in 2008 they kept and
increased their share and dividend values Money to bail out companies should have
come with a lot of strings and it didn't.
Its also time to introduce ethics to companies as well as government Iceland has done
so and its time for governments to put these corporations in their place using legislation
no red tape is not all bad. Greed has taken over everything and when the wage of a worker
is something like 1 600th of a management person at the top the system is out of balance.
How is it the wages of the worker goes down while the income and bonus structure of the
people at teh top is always going up? This is only part of the problem.