That might possibly be one of those questions that if you have to ask, the answer would be meaningless.
The real issue, which, with the exception of Marcus, keeps being conveniently ignored here, is that we have placed our elected officials into office every year. And then we have collectively looked in the other direction as these fine public servants have allowed the corrupting influences of big corporate money to do its special magic, year after year. Politicians are paid for. We allow that. It's our fault. It always has been. --Doug On Sat, Oct 22, 2011 at 1:42 PM, Nicholas Thompson < nickthomp...@earthlink.net> wrote: > > ** ** > > Should we be lobbying TIAA to stop buying bonds issued by the likes of > Bank of America, if, indeed, they do? **** > > ** ** > > Nick **** > > ** ** > > *From:* friam-boun...@redfish.com [mailto:friam-boun...@redfish.com] *On > Behalf Of *Marcus G. Daniels > *Sent:* Saturday, October 22, 2011 11:11 AM > *To:* friam@redfish.com > > *Subject:* Re: [FRIAM] Next Dictator**** > > ** ** > > On 10/22/2011 10:45 AM, Nicholas Thompson wrote: **** > > So why did we in the middle class been so stalwart in our defense of wall > street for the last 40 years?**** > > **** > > The answer, it seems to me, is that we are all stockholders. > > **** > > [..] > > **** > > Over the years CREF, which started out as a sturdy conservative fund, > became a “family of funds”, and you could invest your retirement money in > any crap you felt like. In short, many academics lost a large proportion of > their retirement. **** > > **** > > Thus, the gradual erosion of our retirement institutions in the 50’s into > INVESTMENT institutions has turned us all from people trying to guarantee a > minimum dignified retirement income to people trying to make a stock-market > killing. **** > > As Doug has pointed out many times, a large chunk of the `99%' create the > problem and won't take responsibility for it. > > TIAA-CREF has a number of funds and lets one move between them with the > latency of a few days. It's not like a retiree's financial security is > held hostage to a particular fund. For example, there's this option: > > http://www.tiaa-cref.org/public/about/how-we-invest/sri/social-screening/ > > Marcus**** > > ============================================================ > FRIAM Applied Complexity Group listserv > Meets Fridays 9a-11:30 at cafe at St. John's College > lectures, archives, unsubscribe, maps at http://www.friam.org > -- Doug Roberts drobe...@rti.org d...@parrot-farm.net http://parrot-farm.net/Second-Cousins <http://parrot-farm.net/Second-Cousins> 505-455-7333 - Office 505-670-8195 - Cell
============================================================ FRIAM Applied Complexity Group listserv Meets Fridays 9a-11:30 at cafe at St. John's College lectures, archives, unsubscribe, maps at http://www.friam.org
