Monday, September 29, 2008

thought on credit financial crisis

Capital market is not better than communist regime. Communist seems bad in view that all power and authority belongs to the leader (and its ‘trusted inner-circled friends). The fallout of the current credit market gives clear evidence that in the capital market, power and authority belongs to the top leaders – be they political leaders and company chief. All the executives get enormous packet. They demand huge salary & payout and nobody is successfully in challenge against it because the power and authority belongs to them. When the crisis hits, they are just get voted out – it’s an easy way out. They need not to face theirs doings, no responsibility attached with their deeds.

The communist leaders have to face their consequences. Mao believed in communism and thus he lived in a basic standard. Deng believed in open society and China has the modern cities and social life.

Littel guys always in the losing side and they need to look to the mercy of the big guys.

My faith is on the power and authority of Jesus Christ. I have His protection, love and care at all time.

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