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When Stockholders Become Aggressive in the Food Chain

Touch the Soil News #530 Many of us have been employees of publically traded companies where the battle cry is to enhance stockholder wealth. A rather interesting position for employees to take, since the battle cry of stockholders is often to compromise employee pay for the benefit of stockholders. The battle cry of stockholders to minimize labor costs seems pretty well accepted in our economic system. However, from a banking perspective it is economic suicide. You see, bankers focus on cash flow and the number one driver of the nation’s cash flow is wages. Compromise wages and not only does it imperil the survival of the U.S. Government, but the…

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