SLOW CONSUMER CULTURE

BLOOMBERG BUSINESSWEEK (2010)

GREEN/ 66

What's wrong with corporations that design products and services for the public? McCracken, an anthropologist indicates that corporations look for FAST CULTURE. That is the latest used by edge people, new rich, and related.

Rather, capitalist should look for SLOW CULTURE what the next generation of consumers will do. So, if a product comes out, FAST CULTURE generally absorbs it. However, if SLOW CULTURE buys the product they wait for what the reaction of their peers and others in their reference group will purchase.

Thus, research of all kinds is done on the first group, when it is the second that buys the majority of products.

GI BILL OF GOODS/36-42

On line for profit colleges are making big money off of GI'S that are the first generation to go to college. the curriculum is generally easy and the

tuition is high. Once they get their degree, they generally make less money. Generous credit is given for outside experience, but they are

reduced to a number of credit hours that must be paid for. Finals are given that are open book. Or, a final can be closed book , but can be taken time and time again.

NOT SO RADICAL REFORM/24-34

Pro-regulation is needed to stop bankers for generating funny money. However, three major mighty financial institutions sent letters to the

reformers and that was the end of that. In other words, without the reforms the banks will screw you again. So will other financial institutions. They have the power to do what they want. What they want is to not have any accountability and then get bailed out by the

taxpayers. That is free market capitalism. Thus, most Republicans and particularly Democrats from Red States are watering down the regulations.

So what that means is more boom and bust. The public be damned.

If you can, get out of the stock market says NEWSWEEK. Avoid the investment side of banks. Go to regular side of banks. Even with this, I will not be held accountable for the above advice that I read from other sources. You are on your own. Reformers by the way, are not trying to

arrange new complicated reforms. Rather, they would like to go back when there were controls on the banks. We need Glass Seigelman where there were real divisions, between the risky side of investments and the business side that you bank in. I may not be showing the same

emotion as BLOOMBERG BUSINESS WEEK, but I am telling you what they are say.

If worst comes to worst, banks should be threatened to be nationalized. That does not mean the public is better than private, but rather the public needs some type of leverage.

THE RETURN OF THE OUTSOURCED JOB/16

Some jobs are coming back to the USA, but it is a trickle.

THE ECONOMIST (2010) 1/8

WE DID IT/ 7

Women are now slightly more involved in the market place and in the

jobs than men in the western world. The problem is child care. In countries where women make up a good part of the legislature, day care becomes part of the job. Further, women or their mates may

get jobs that have unusual hours so they can be at home when the children are there.

This has almost all been done without legislation other than to let women have the chance to work.

They are now more likely to be in the professions as well as the rest of the workforce.

44/

Some marginal farms will become forests again as a way to fight carbon footprints of global warming. The farmers will be paid to not grow crops but to grow trees.

59/ THE SEAT OF POWER

There are new treatments to take sewage and make it more consumable as bio-mass energy.