Aaah Joburg winter, welcome!! Blue skies, sunshine, happy days!! Sitting here taking a trip down memory lane, listening to…
“I get my kicks from watching people, Running too and fro, And if you ask them where they`re going, Half of the don`t know, Let the world to think I`m crazy,'Cause they don`t realize
That I`m just groovin, grooving, Grooving out on life, I`m just groovin and i can't stop grooving, Grovin till I die
I see a river flowing by me, Heading for the sea, I get a feeling deep inside me, It`s so good to be free”
You know I had this email all planned out till I logged on and found this email that my cous sent me. Its an interesting perspective, one that many of us haven’t either spoken about or if we have not loudly enough. But have a quick read of this…
'We are Wall Street. It's our job to make money. Whether it's a commodity, stock, bond, or some hypothetical piece of fake paper, it doesn't matter. We would trade baseball cards if it were profitable.
I didn't hear America complaining when the market was roaring to 14,000 and everyone's pension plan doubled every 3 years. Just like gambling, its not a problem until you lose. I've never heard of anyone going to Gamblers Anonymous because they won too much in Vegas!
Well now the market crapped out, and even though it has come back somewhat, the government and the average Joes are still looking for a scapegoat. God knows there has to be one for everything. Well, here we are.
Go ahead and continue to take us down, but you're only going to hurt yourselves. What's going to happen when we can't find jobs on the Street anymore ? Guess what - we're going to take yours. We get up at 5am and work 'till 10pm or later. We're used to remaining at our desks, working for hours on end. We don't even need to pee. We don't take an hour or more for lunch, and we don't take much time off for holidays. We don't demand a union to represent us. And we don't retire at 50 with a pension. We eat what we kill, and when the only thing left to eat is your job, we'll eat that instead
For years teachers and other unionized labor have had us fooled. We were too busy working to notice. Do you really think that we are incapable of teaching 3rd graders ? We're going to take your cushy guaranteed-for-life-jobs - you know, the ones that come with four months paid holiday a year. So say goodbye to your overtime and double time, as we'll be in the market for some of your cushy lifestyle - and we'll undertake your jobs more efficiently, and with none of your constant whining that the pay isn't enough and that the working conditions are too tough.
So now that we're going to be making $85k a year without any bonus upside, Joe Mainstreet is going to have his revenge, right ? Wrong! Guess what - we're going to stop buying those luxury items that help make the economy grow, and we aren't going to leave those 35% tips at our business dinners anymore. And from now on, we're going to landscape our own back yards, and wash our cars with a garden hose in our driveways, instead of spreading that wealth around. There'll be no more free rides on our backs. Don't forget, our money was your money. You spent it. When our money dries up, so does yours.
The difference is, though, you lived off of it, we rejoiced in it. The Obama administration and the Democratic National Committee might get their way and knock us off the top of the pyramid, but it's really going to hurt like hell for them when our fat a**es land directly on the American middle classes and knock them to the bottom of the food chain.
We aren't dinosaurs. We are smarter and more vicious than that, and we are going to survive. The question is, now that Obama and his administration are making Joe Mainstreet our food supply, will he survive ? And will all those we displace ?'
Interesting read ey because up until I read this I hadn’t given it 2 thoughts, but I guess that old saying of a coin and 2 sides. Here we are ripped because the self same Investment Bankers we now chastise had been making us plenty money over the last few years, our investments had been soaring, they had been gambling and the investors were winning life was poifect. 100% returns in 3 years, is that logical, who cares, gimme some more gimme gimme gimme. Ok we will but please do note that nothing is guaranteed, who cares we say just give us MOOOOOORRRREEEEE!!!
Boom, bank goes bust, as was more than likely a reality because those super profits we became accustomed to were no more than an exception, an anomaly , but we turned a blind eye as we do when we are winning. I really felt they had been giving the raw deal till I read this article on a site called www.thedailymash.co.uk and it read as follows and then I was over feeling sorry for them : )
BANKERS last night rejected calls to live in the real world insisting it was full of badly-dressed poor people with only one house.
Senior ministers launched a stinging attack on the banks yesterday insisting they had to act more responsibly if they were going to let them invest the profits they made on all the houses they bought with taxpayers' money.
But the British Banker's Association hit back, claiming it would be impossible for its members to inhabit the same world as people who do not own cliff-top property in Sardinia and float around on a cushion of air.
Tom Logan, head of equity distribution at Donnelly-McPartlin, said: "I got into investment banking because I'm actually allergic to the real world and my doctor says that if I live in it I could die.
"None of this is real. If I stop imagining it we would plummet the equivalent of 50 storeys to our certain deaths."
He added: "Allow me to explain. Yesterday I used exchange-traded derivatives to buy 140% of a property development that hasn't been built yet - and, crucially, will never be built. I then converted the hypothetical profits into ratio-spread bond futures and invested it in oil that hasn't been discovered yet - and, crucially, will never be discovered.
"At no point did I come within 200 yards of anything resembling reality - and that's why I get the really big bonuses."
Julian Cook, chief economist at Madeley-Finnegan, said: "There are, essentially, two universes existing in parallel at the same point in the space-time continuum.
"This means that we can see all of you - queuing for things, eating out of packets and coughing violently - and sometimes you can even see us - but you can't touch us. And of course we live with the constant fear that if we touch you, we could become one of you. Our tans would fade, our teeth would separate and we'd forget how to order wine."
He added: "All this talk of reality is very dangerous. It would be like forcing Peter Pan to work at Carphone Warehouse and share a flat above an off-licence with his chubby, flatulent mate from university. It would kill him.
"Do you want to kill Peter Pan? Is that what this is all about? What's wrong with you?"
Birthdays
2nd Mike Bonsu
4th Pi el
5th Peace, Nana Sao
6th Taz Magil
7th Bish, Shakira Essop
8th D and Nkuks
Tooldes
Y
Wednesday, May 05, 2010
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