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Re: biopearl post# 15127

Wednesday, 11/12/2008 7:12:58 AM

Wednesday, November 12, 2008 7:12:58 AM

Post# of 19309
>>not to support the company leadership in this time nauseating crisis<<

"Nauseating crisis" indeed!. Check back when the masses no longer have more than one communication device each, cars that skim along better than ever before in history and more than one of them too, a welfare safety net that exceeds many a hard worked wage.

GTC's problems are wholly self inflicted. GTC has itself to blame for each and every failure and management is responsible. The science didn't let them down, nor the economy. What did let us down is a malaise that afflicts many, many executives today; a brain disease that tells them that they don't really have to answer to shareholders. It tells them that it is really more important to advance the science and provide jobs and salaries and run companies according to the standard academic template they were taught at the ivy league colleges than to actually achieve goals with available resources.

I almost wish for a real crisis so that folks could understand what a fabulous economy we have even now, and one that requires no bailout or government management. I fear for this country when the government runs things it shouldn't. Uncle Sam has a horrible legacy in this regard. Just look at our public schools and the welfare state. Anyone can see the massive recipients of social security disability who are running around in comparative health just scamming the hell out of the system. And for the obsene cost of 8-12 thousand dollars each our kids get what, a 40% chance that they won't even be able to graduate high school? And if they do graduate, they may not even be able to read or multiply? Yeah, let's let these bureaucrats run the banks and the mortgages and the health care and everything else!

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