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"You might think that I am off base, but I am published by the Securities and Exchange Commission."

Thomas Paul Murphy

Monday, July 16, 2012

Business Needed A Bank of Wisconsin

A Bank of Wisconsin would be a profit sharing bank.  What I mean by that is that it would only be for those who are part of profit sharing companies and the profit sharing companies themselves.

I believe that profit sharing companies would be a tremendous boon for our economy.  This type of bank would manage the payroll per a formula.  And it can be argued that it should have a tax advantaged status because it makes for happier and more productive workers and therefore a higher standard of living.  And this is indeed good for the economy.  I believe that if all corporations were to switch to the profit sharing model as outlined in the auction for the movie production rights in my novel "The Voyage of the Cauldron Skipper."  I believe that the corporate structure today leads to great waste and an ethic of irresponsibility. 

Copyright 2012 Thomas Paul Murphy

Originally published on 07 16 2012 at:

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