<html>
  <head>
    <meta content="text/html; charset=ISO-8859-1"
      http-equiv="Content-Type">
  </head>
  <body bgcolor="#FFFFFF" text="#000000">
          Correct.  I'm currently reading Jeff Sachs (2011) The Price of
    Civilization (Random House).  Sachs makes similar points.  <br>
    <br>
    <br>
          "Sachs is the director of the Earth Institute at Columbia
    University and special adviser to Secretary-General Ban Ki-moon on
    the United Nations' Millenium Development Goals."  (from the dust
    jacket)<br>
    <br>
    <br>
          This book is the best overview of the current international
    financial situation I've seen.  Or at least I think so, primarily
    because it is quite well researched and fits well with everything
    else I think I know.  Of course, I may be biased, because it largely
    reinforces and extends opinions I've formed from many other
    sources.  However, it also has 31 pages of notes.  As I'm reading, I
    often look at his notes pages to help decide how much credence I
    should place in what he says.  Later, I will sometimes go to the
    sources cited in things like this.  <br>
    <br>
    <br>
          Spencer <br>
    <br>
    <br>
    On 12/12/2011 8:39 AM, Drew wrote:
    <blockquote
      cite="mid:1323707955.37874.androidMobile@web111411.mail.gq1.yahoo.com"
      type="cite">
      <table border="0" cellpadding="0" cellspacing="0">
        <tbody>
          <tr>
            <td style="font: inherit;" valign="top">
              <p>Oh and I meant to write "with no damn given for people
                or planet"<br>
              </p>
              <p>Green is 7 Generations Sustainability!</p>
              <p><a class="moz-txt-link-freetext" href="http://JillStein.org">http://JillStein.org</a></p>
              <p>Drew<br>
                <br>
                <br>
              </p>
              <p>Sent from Yahoo! Mail on Android</p>
            </td>
          </tr>
        </tbody>
      </table>
      <div id="_origMsg_">
        <div style="font-family:arial, helvetica,
          sans-serif:font-size:10pt"> <br>
          <div style="font-family:times new roman, new york, times,
            serif;font-size:12pt"> <font face="Tahoma" size="2">
              <hr size="1"> <b> <span style="font-weight:bold;">From:</span>
              </b> Spencer Graves <a class="moz-txt-link-rfc2396E" href="mailto:spencer.graves@prodsyse.com"><spencer.graves@prodsyse.com></a>; <br>
              <b> <span style="font-weight:bold:">To:</span> </b> <br>
              <b> <span style="font-weight:bold:">Cc:</span> </b>
              <a class="moz-txt-link-abbreviated" href="mailto:sosfbay-discuss@cagreens.org">sosfbay-discuss@cagreens.org</a>
              <a class="moz-txt-link-rfc2396E" href="mailto:sosfbay-discuss@cagreens.org"><sosfbay-discuss@cagreens.org></a>; <br>
              <b> <span style="font-weight:bold:">Subject:</span> </b>
              Re: [GPSCC-chat] SOPA and PROTECT IP and What Is A Nexus
              Of Contracts <br>
              <b> <span style="font-weight:bold;">Sent:</span> </b>
              Mon, Dec 12, 2011 4:26:57 PM <br>
            </font> <br>
            <table border="0" cellpadding="0" cellspacing="0">
              <tbody>
                <tr>
                  <td style="font:inherit;" valign="top"> <br>
                    <br>
                    On 12/12/2011 7:58 AM, Drew wrote:
                    <blockquote type="cite">
                      <table border="0" cellpadding="0" cellspacing="0">
                        <tbody>
                          <tr>
                            <td style="font:inherit;" valign="top">
                              <p>John I have my doubts whether any form
                                of corporation is really accountable to
                                anyone. The concept of being accountable
                                to shareholders is largely mythology
                                from what I can see. The CEO usually
                                stacks the Board, and together they do
                                whatever they please or believe is in
                                service of profits </p>
                            </td>
                          </tr>
                        </tbody>
                      </table>
                    </blockquote>
                    <br>
                    <br>
                          No:  They do whatever they perceive serves
                    their best short term interests, though maximizing
                    profits is a common mantra.  Given the choice of an
                    action that will make the company boom in the short
                    term but has a 10% chance of bankrupting the company
                    and a more conservative strategy that will likely
                    provide lower but reasonable profits for the long
                    term, they will generally select the more risky
                    strategy, because they most likely look like heroes
                    in the short term and can leave with their golden
                    parachutes if that fails.  <br>
                    <br>
                    <br>
                    <blockquote type="cite">
                      <table border="0" cellpadding="0" cellspacing="0">
                        <tbody>
                          <tr>
                            <td style="font:inherit;" valign="top">
                              <p>(with no damn given for people or
                                profits). Shareholders rarely are
                                effective in altering the course. </p>
                            </td>
                          </tr>
                        </tbody>
                      </table>
                    </blockquote>
                    <br>
                    <br>
                          Correct.  <br>
                    <br>
                    <br>
                          Spencer <br>
                    <br>
                    <br>
                    <blockquote type="cite">
                      <table border="0" cellpadding="0" cellspacing="0">
                        <tbody>
                          <tr>
                            <td style="font:inherit;" valign="top">
                              <p>As I encouraged before, check out the
                                book and movie "The corporation ". I
                                would recommend it as one of our movies
                                of the month.</p>
                              <p>Green America!</p>
                              <p><a moz-do-not-send="true"
                                  rel="nofollow"
                                  class="moz-txt-link-freetext"
                                  target="_blank"
                                  href="http://JillStein.org">http://JillStein.org</a></p>
                              <p>Drew<br>
                              </p>
                            </td>
                          </tr>
                        </tbody>
                      </table>
                      <div id="_origMsg_">
                        <div style="font-family:arial, helvetica,;">
                          <div style="font-family:times new roman, new
                            york, times, serif;font-size:12pt;">
                            <table border="0" cellpadding="0"
                              cellspacing="0">
                              <tbody>
                                <tr>
                                  <td style="font:inherit;" valign="top"><br>
                                  </td>
                                </tr>
                              </tbody>
                            </table>
                          </div>
                        </div>
                      </div>
                    </blockquote>
                  </td>
                </tr>
              </tbody>
            </table>
          </div>
        </div>
      </div>
    </blockquote>
    <br>
    <pre class="moz-signature" cols="72">-- 
Spencer Graves, PE, PhD
President and Chief Technology Officer
Structure Inspection and Monitoring, Inc.
751 Emerson Ct.
San José, CA 95126
ph:  408-655-4567
web:  <a class="moz-txt-link-abbreviated" href="http://www.structuremonitoring.com">www.structuremonitoring.com</a>
</pre>
  </body>
</html>