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I was watching Ralph Nader last night at the Green parties convention, and
he mentioned a number of statistics that would fit in this thread, but from
a different slant.
First, he said that in 1950 the CEO's of the larger corporations were paid
14 times the amount of the average worker they employed. In 1980 it was
180 times greater and in 1998 it was 416 times greater.
Second, his next statement regarded the total net worth of the top 1% of the
wealthiest people in america was greater than 50% of the total work force in
america. I'm not sure I believe that but it was a nice selling point for
his platform, I guess.
Lamont Cranston
----- Original Message -----
From: James Taylor <jptaylor@xxxxxxxxxxxxxxx>
To: <realtraders@xxxxxxxxxxxxxxx>
Sent: Sunday, June 25, 2000 10:23 PM
Subject: [RT] Re: Digest (06/25/2000 11:30) Special Issue (#2000-413)
> I saw the first (of many to come) 'Will Work for Food' sign carrying
beggar
> at the grocery store today.
>
> Economic Boom, ha !
> The bust will sure be real though.
> real severe and real long lasting.
>
> ----- Original Message -----
> From: "JW" <JW@xxxxxxxxxxxx>
> To: <realtraders@xxxxxxxxxxxxxxx>
> Sent: Sunday, June 25, 2000 8:56 PM
> Subject: [RT] RE: Re: Digest (06/25/2000 11:30) Special Issue (#2000-413)
>
>
> > Hmmm... I hadn't seen this statistic mentioned anywhere before. Be
> > nice to verify and track it though. Might be a good tell toward the
> > real story of the economy. Is this number collected and published
> > anywhere that is publicly available?
> >
> > JW
> >
> > -----Original Message-----
> > From: listmanager@xxxxxxxxxxxxxxx
> > [mailto:listmanager@xxxxxxxxxxxxxxx]On
> > Behalf Of Marlowe Cassetti
> > Sent: Sunday, June 25, 2000 7:07 PM
> > To: realtraders@xxxxxxxxxxxxxxx
> > Subject: [RT] Re: Digest (06/25/2000 11:30) Special Issue (#2000-413)
> >
> >
> > A realtor friend of pointed out that in some counties of Colorado the
> > home
> > repo rate is 10 times last years rate. She also stated that repos are
> > up
> > across the USA, but she didn't see it as a softening of the
> > real-estate
> > market. It is only a reflection of couples over their heads in credit
> > card
> > debt then onto home equity loans and finally home repossessions. Not
> > a good
> > economic sign.
> >
> >
> > ----- Original Message -----
> > From: <listmanager@xxxxxxxxxxxxxxx>
> > To: <realtraders@xxxxxxxxxxxxxxx>
> > Sent: Sunday, June 25, 2000 12:30 PM
> > Subject: [RT] Digest (06/25/2000 11:30) Special Issue (#2000-413)
> >
> >
> >
> >
> >
> >
> >
> >
> >
>
>
>
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