Comments on: Creative Minds of the World Unite http://eismann-sf.com/news/?p=745 Adobe Thermo, AIR, Flash, Flex, and design writ large. Thu, 09 Sep 2010 16:38:51 +0000 http://wordpress.org/?v=2.3.1 By: Manish Jethani http://eismann-sf.com/news/?p=745#comment-3557 Manish Jethani Sun, 21 Dec 2008 22:40:36 +0000 http://eismann-sf.com/news/?p=745#comment-3557 >Is it because we can shrug our shoulders and proclaim, “at least I love my job.” Well, that's precisely it. Good work is its own reward. >Is it because we can shrug our shoulders and proclaim, “at least I love my job.”

Well, that’s precisely it. Good work is its own reward.

]]> By: JulesLt http://eismann-sf.com/news/?p=745#comment-3536 JulesLt Thu, 18 Dec 2008 10:59:20 +0000 http://eismann-sf.com/news/?p=745#comment-3536 The chain of problems I can see is that making risky loans requires capital, and most capital comes from investments, the biggest investors are the pension funds, and they get their money from us. The problem is that a lot of the time your pension fund is recommended by your employer, and it's too difficult to easily move money between them, plus with many pension funds being simple stock market trackers they all follow each other into the same bad investments. If the market they worship was operating properly, competition would drive those sky high salaries right down. There's the idea that commission and bonuses motivate people, but you know, the same applies to the people working on shop floors - it's not the scale of the bonus, it's the prospect of being able to double your salary. The flipside of this is that we - the customers - would have to start paying a lot more attention. We'd need to shift banks, pensions, savings accounts, etc, more often, rather than credit cards. (And that's another thing - debt is a great way to hold on and exploit a customer) The chain of problems I can see is that making risky loans requires capital, and most capital comes from investments, the biggest investors are the pension funds, and they get their money from us.

The problem is that a lot of the time your pension fund is recommended by your employer, and it’s too difficult to easily move money between them, plus with many pension funds being simple stock market trackers they all follow each other into the same bad investments.

If the market they worship was operating properly, competition would drive those sky high salaries right down. There’s the idea that commission and bonuses motivate people, but you know, the same applies to the people working on shop floors - it’s not the scale of the bonus, it’s the prospect of being able to double your salary.

The flipside of this is that we - the customers - would have to start paying a lot more attention. We’d need to shift banks, pensions, savings accounts, etc, more often, rather than credit cards.

(And that’s another thing - debt is a great way to hold on and exploit a customer)

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