"Imagine a new European community and eventually planetary community will develop, replacing the centralized power systems with an alliance of interconnected autonomous communities setting the foundations for a new epoch based on solidarity among people and cooperation with the powers of nature. Imagine this growing planetary movement would share an essential ethical code and would replace the drive for personal profit with the drive
Source:
21 October 2015
The Dodd-Frank regulations are so lethal to community banks that some say the intent was to force them to sell out to the megabanks. Community banks are rapidly disappearing — except in North Dakota, where they are thriving.
At over 2,300 pages, the Dodd Frank Act is the longest and most complicated bill ever passe
Henry Ford
Edwards Deming described the purpose of an organization in New Economics, on page 51, as:
"The aim proposed here for any organization is for everybody to gain - stockholders, employees, suppliers, customers, community, the environment - over the long term."
Like so much of what Deming said that makes sense to me. It is my sense the "conventional wisdom" would state something more along the lines of the purpose of a company is to make money. I would not agree. Rewarding the owners is impo
The tough conditions in the credit markets require small businesses to communicate and demonstrate their credit worthiness to satisfy exacting credit risk standards of lenders. Credit channels are open and loans are being made but strict federal regulations and heightened risk aversion by lenders places additional burdens on borrowers to demonstrate they are a good credit risk.
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