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Advice on Buying Stocks With Discretion

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Q: Can my employer dismiss me for serving friends and family?
I was working at a furniture retailer for over 2 years, after 18 months i was transferred at my request to my local showroom so i can cut 45 Minutes travel time and the earning potential was much higher on commission.

In may 2010 the showroom was having a genuine clearance so they can refurb the whole site and bring in new displays and products to demonstrate. we were clearing at up-to 80% off at the managers discretion. the discount was phased out in weeks so 30% at First as some stock is near perfect. then at 60% as best stock is sold and cant sell damaged at 30% level. then last few days at 80% for totally damaged products which are ripped, torn, collapsed etc etc.

the showroom manager also transferred stock from warehouses and other showrooms, because at 80% the word got round and customers were queueing up and the manager did not want to lose business as targets were not achieved.

My family also come into purchase, i told my manager that sister and brother are here and they need some furniture. he said that fine and as long as i understand its 1st come 1st serve he has got no problem as he needs the business today. i advised my family i will call them when the delivery arrives and if they get here in time they can purchase at 80%. My family came back and the delivery arrived. i did the quote, written the invoice, gave the money to the manager including the £20 tip that my sister gave for the service. i told my manager she gave it for food for the staff but its up to him, he said get him a meal deal and for all the staff and thank your sister for the business and the tip.

My brother asked me to deliver to my home as he is buying and selling and has no room to store, so i wrote the invoice on his name but my address. there is no guarantee with these products and they are sold as seen hence not using a alternative address disclaimer not being used. we also used a local driver to collect products from showroom so no real delivery address on system is used. a assistant manager put the invoice on the system on my staff code which is against company policy

they dismissed me for all the above because when the manager was questioned he denied knowing bout the order, authorising the disc and said i went behind his back. all this is lies. my handbook states it is the managers decision as regards to serving friends and family. Have been dismissed and appealed unsuccessfully. I dont know what to do

A: Move on and get a new job. This happened to me. Commit arson in a few years if you’re still pissed off about it.

Q: Instead of Stampeding to Agree With Paulson’s Bailout-Would It Be Smarter To Follow THIS Plan by a Candidate? ?
…For President:

1. Congress should hold a series of hearings and invite broad public comment on any proposed bailout. Congress is supposed to be a co-equal branch of our federal government. It needs to stop the stampede to give Bush a $700 billion check. Public hearings should be held to determine what alternatives might exist to the four-page proposal advanced by Treasury Secretary Henry M. Paulson.

2. Whatever is ultimately done, the bailout plan should not be insulated from judicial review. Remember there is a third co-equal branch of government – the judiciary. The judiciary does not need to review each buy-and-sell decision by the Treasury Department, but there should be some boundaries established to the Treasury Department’s discretion, and judicial review is needed to ensure that unbridled discretion is not abused.

3. Sunlight is a good disinfectant. The bailout that is ultimately approved must provide for full and timely disclosure of all bailout details. This will discourage conflicts of interest and limit the potential of sweetheart deals.

4. Firms that accept government bailout monies must agree to disclose their transactions and be more honest in their accounting. They should agree to end off-the-books accounting maneuvers, for example.

5. Taxpayers must be protected by having a stake in any recovery. The bailout plan should provide opportunities for taxpayers to recoup funds that are made available to problem financial institutions or to benefit from the financial institutions’ rising stock price and increased profitability after being bailed out.

6. The current so-called “regulators” cannot be trusted. The U.S. Government Accountability Office (GAO), “the investigative arm of Congress” and “the congressional watchdog,” must regularly review the bailout. We cannot trust the financial “regulators,” who allowed the slide into financial disaster, to manage the bailout without outside monitoring.

7. It is time to put the federal cop back on the financial services beat. Strong financial regulations and independent regulators are necessary to rebuild trust in our financial institutions and to prevent further squandering of our tax dollars. The Justice Department and the SEC also need to scrutinize the expanding mess with an eye to uncovering corporate crime and misdeeds. Major news outlets are reporting that the FBI is investigating American International Group, Fannie Mae, Freddie Mac, and Lehman Brothers.

8. Cap executive compensation and stop giving the Wall Street gamblers golden parachutes. The CEOs who have created the financial disaster should not be allowed to leave with millions in hand when so many pensioners and small shareholders are seeing their investments evaporate. The taxpayers are bailing out Wall Street so that the financial system continues to function, not to further enrich the CEOs and executives who created this mess.

9. Congress should pass the Financial Consumers’ Information and Representation Act, to permit citizens to form a federally-chartered nonprofit membership organization to strengthen consumer representation in government proceedings that concern the financial services industry. As the savings and loan disasters of the 1980s and the Wall Street debacles of the last few years have demonstrated, there is an overriding need for consumers and taxpayers to have the organized means to enhance their influence on financial issues.

10. The repeal of the Glass-Steagall Act, separating traditional banks from investment banks, helped pave the way for the current disaster. It is time to re-regulate the financial sector. The current crisis is also leading to even further conglomeration and concentration in the financial sector. We must revive and apply antitrust principles, so that banking consumers can benefit from competition and taxpayers are less vulnerable to too-big-to-fail institutions, merging with each other to further concentration.

11. Congress should impose a securities and derivatives speculation tax. A tax on financial trading would slow down the churning of stocks and financial instruments, and could raise substantial monies to pay for the bailout.

12. Regulators should impose greater margin requirements, making speculators use more of their own money and diminishing reckless casino capitalism.
The proposal was made by Ralph Nader, who like Green Party Candidate Cynthia McKinney and Libertarian Candidate Bob Barr are not allowed to debate by the Corporate-funded GOP/Democrat managed Commission on Presidential Debates. Only the two Wall Street Parties are allowed & with McCain suspending his campaign maybe it will be an evening with Obama?

http://www.commondreams.org/view/2008/09/25-1
What really makes me sick is seeing Democrats like Shummer and Frank smiling for the cameras tonight and gloating that most are for paulson’s plan of robbing the taxpayers. It is times like this that we can see there really is no “opposition” Political Party, just two Wall Street Parties.
http://www.counterpunch.org/sharon09252008.html

http://www.counterpunch.org/hudson09252008.html

A: I like your list, especially number 10. You are quite correct about this bailout being like a casino. I grew up in Las Vegas, and casinos don’t get rich giving money away. They are all set up to take yours, and let you have fun while they do it. I think number 13 should be a confiscatory income tax on anyone in charge of any corporation that has to be “rescued” by the US government.

Q: currently A brothel in Berlin is going green.?
Berlin – Stung by the economic crisis, a brothel in Berlin has leapt on the “green” bandwagon and is offering discounts to clients who can prove they arrived by public transport or bicycle – with some success.

“Everyone’s a winner,” explained Regina Goetz, a former prostitute who runs the “Maison d’envie” (House of Desire) brothel in Berlin’s Prenzlauer Berg, a district in the former East Berlin, which is a stronghold for the ecologist Green party.

“The environment is a topic on everyone’s lips and it’s pretty difficult to park around here. So we came up with the idea of an ‘eco discount’ of $7.40 to anyone who leaves the car at home,” Goetz told AFP.

“The crisis has slashed our turnover in half in the last year,” the 56-year-old told AFP over coffee and cakes, flanked by scantily clad prostitutes.

But the green discounts have proved a roaring success and got business back on track, she said.

To qualify for the discount, “clients who come by bike show their helmet or their padlock keys,” she said. “Others hand in their ticket or monthly pass if they have come on the bus.”

Nice atmosphere

The brothel itself is a model of discretion – only a small brass plaque advertising “the little sexy address” betrays the true purpose of the building, housed in a block with a bike shop, a burger bar and a pub.

Clients pass through a courtyard scattered with rubbish dumps, pushchairs, kids’ bikes and buggies before arriving at a corridor where a doormat emblazoned with a red heart indicates the hoped-for destination.

“We have a really nice atmosphere here, the neighbours are great,” said one of the prostitutes, a pretty blonde in her 30s with short hair, sporting fishnet tights and sexy red lacy undies under her turquoise dressing-gown.

She said she had already welcomed several customers on the eco tariff, like all her colleagues, about a dozen woman aged between 20 and 45, the majority of whom work part-time.

One of them said she was a nurse secretly moonlighting as a prostitute. Another said she was a dietary counsellor in a gym – “but times are hard”. A third said she was a housewife.

As for the clients, they come in all shapes and sizes, from all social classes and all ages, right up to the “doyen”, who is 86 years old, said Goetz.
All the employees of the “Maison d’envie” wholeheartedly approve of the eco tariff. “Regina is full of good ideas,” said one.
The establishment also offers special “weekend rates” with Jacuzzi options and a “two-for-one” rate.

For Goetz, the brothel is “a business like any other” and prostitution is a legal sector in Germany with around 400 000 employees.
“In these tight times, we are cutting costs. We’ve binned the tax advisor, reduced the hours of the cleaning lady and I only buy low-cost cleaning products,” she said.

And like any other head of industry, she is careful to appear bullish on the sector’s prospects.
“In a business like ours, there are always ups and downs. But we want the recovery to come quickly. I check the stock market prices every day,” she revealed.

A: love the girl who said she’s a dietary counsellor at a gym, doing prostitution on the side because “times are hard” lol

please god give the Germans a sense of irony for Xmas…

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