Comments on: Global Financial Crisis: The Political Fallout http://www.kakabadse.com/2008/11/global-financial-crisis-the-political-fallout/ Top team consulting and training Tue, 12 May 2009 16:36:59 -0700 http://wordpress.org/?v=2.8.5 hourly 1 By: chris macrae http://www.kakabadse.com/2008/11/global-financial-crisis-the-political-fallout/comment-page-1/#comment-12 chris macrae Tue, 04 Nov 2008 23:34:01 +0000 http://www.kakabadse.com/?p=180#comment-12 we need a future capitalism grounded in microeconomics and words that mean what they say; for 10 years now some of us have argued that the maths algorithms of so-called shareholder value are speculator value; this was bravely reported in Unseen Wealth report issued by Brookings 2000 but when I interviewed the chairlady of this in early 2001 she was crestfallen because her presentation on the dangers of compound risk to the incoming adminstration from Texas had been booed by the Carbon & Enron sponsored men; there is a correct maths in which everyone can compound win-win-wins and it is proposed by the world's leading microeconomics practitioner Muhammad Yunus, after 34 years of designing social business entrepreneurial revultions http://erworld.tv ; his blue fieldbook on this came out at the start of the year and I sure do enjoy hosting Yunus1000 bookclub http://smbaworld.com ; but we wanted to network more so that youth could really scale up around this now that Bush and Wall Street 40-times leveraged global banking are history - we have been to dhaka and made 25 good news videos of what true sustainability investment banking can do - including solar energy's 100000 green jobs and mobiles bank a billion pertnerships -we have 10000 free dvds waiting for those wanting to host microeconomics future capitalism parties http://yunus10000.com chris washington dc bureau 301 881 1655 coming soon I hope http://obamauni.com we need a future capitalism grounded in microeconomics and words that mean what they say; for 10 years now some of us have argued that the maths algorithms of so-called shareholder value are speculator value; this was bravely reported in Unseen Wealth report issued by Brookings 2000 but when I interviewed the chairlady of this in early 2001 she was crestfallen because her presentation on the dangers of compound risk to the incoming adminstration from Texas had been booed by the Carbon & Enron sponsored men;

there is a correct maths in which everyone can compound win-win-wins and it is proposed by the world’s leading microeconomics practitioner Muhammad Yunus, after 34 years of designing social business entrepreneurial revultions http://erworld.tv ; his blue fieldbook on this came out at the start of the year and I sure do enjoy hosting Yunus1000 bookclub http://smbaworld.com ; but we wanted to network more so that youth could really scale up around this now that Bush and Wall Street 40-times leveraged global banking are history – we have been to dhaka and made 25 good news videos of what true sustainability investment banking can do – including solar energy’s 100000 green jobs and mobiles bank a billion pertnerships -we have 10000 free dvds waiting for those wanting to host microeconomics future capitalism parties http://yunus10000.com chris washington dc bureau 301 881 1655 coming soon I hope http://obamauni.com

]]> By: Jack Yan http://www.kakabadse.com/2008/11/global-financial-crisis-the-political-fallout/comment-page-1/#comment-11 Jack Yan Tue, 04 Nov 2008 22:44:55 +0000 http://www.kakabadse.com/?p=180#comment-11 Capitalism (as with many isms) relies upon transparency and integrity to make it work, and what we have seen for the last 20-odd years is an absence of both values. The same risk formulas that got us into trouble in 1987 worked the same way in 2008, shielded by the establishment and, as you state, bailed out by two governments. You make excellent points on accountability, not least the European Commission being opaque. Capitalism (as with many isms) relies upon transparency and integrity to make it work, and what we have seen for the last 20-odd years is an absence of both values. The same risk formulas that got us into trouble in 1987 worked the same way in 2008, shielded by the establishment and, as you state, bailed out by two governments. You make excellent points on accountability, not least the European Commission being opaque.

]]> By: Peter Burgess http://www.kakabadse.com/2008/11/global-financial-crisis-the-political-fallout/comment-page-1/#comment-10 Peter Burgess Tue, 04 Nov 2008 16:31:50 +0000 http://www.kakabadse.com/?p=180#comment-10 Dear Colleagues Few people understand money, banking and financial services ... least of all bankers, politicians, accountants, lawyers and investors. The paper shows the scale of the "Ponzi" scheme that was used to create the illusion of wealth in our modern era. Hopefully a reformed new economy and society will be built more on a set of values that respect what is good about human beings and what is important in community and people's lives. Most people are good and struggle with their daily lives ... but have been disrespected by the modern socio-economic leadership. The old era money, banking and financial services system needs to be buried and replaced by value based accounting that respects the needs and potential of every human being more than it kow-tows to the power of meaningless money. Community Accountancy (CA) can serve as a system of scorekeepig for a system that builds on the good things that ordinary people represent ... the micro economy that makes human life worth living. The human spirit is big enough to solve the crisis ... petty and mean leadership will get us nowhere. Sincerely Peter Burgess Dear Colleagues
Few people understand money, banking and financial services … least of all bankers, politicians, accountants, lawyers and investors. The paper shows the scale of the “Ponzi” scheme that was used to create the illusion of wealth in our modern era.
Hopefully a reformed new economy and society will be built more on a set of values that respect what is good about human beings and what is important in community and people’s lives.
Most people are good and struggle with their daily lives … but have been disrespected by the modern socio-economic leadership. The old era money, banking and financial services system needs to be buried and replaced by value based accounting that respects the needs and potential of every human being more than it kow-tows to the power of meaningless money.
Community Accountancy (CA) can serve as a system of scorekeepig for a system that builds on the good things that ordinary people represent … the micro economy that makes human life worth living. The human spirit is big enough to solve the crisis … petty and mean leadership will get us nowhere.
Sincerely
Peter Burgess

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