Financial history doesn't repeat itself, but it often rhymes. You can't be stupid enough to trade off anything I say.... I'm lucky they let me out of the straight-jacket long enough to trade.

J. P. Morgan

"Sell down to your sleeping point"

Wednesday, November 25, 2009

Some Iritations today

I heard some traders bitch about Trader tax.....


Cry me a River.

If traders are so brilliant, it would be good to tax them to the point where they move to another part of the economy where they can ... be Productive...

but I do hear that we are trying to Breed as much productivity out of the population as possible, by creating a Negative breeding Feedback Loop. You know Reward people for, being a Chair warmer, and look down on anyone who is dumb enough to have a job where they "do something".

It's a chip on my shoulder, but I very much believe that our society runs on the Dilbert Principle; Demote the most productive people to the bottom, and let the most brain Dead excel point being the prosperous nature of financial services.

But like we say "That which is not sustainable, Won't" So, no worries, this is just what we are going through.... The Natural adaptive process has been turned upside down, and is collapsing on itself. And the productive classes... the Blue collar guys will rise up and insist on getting a fair wage, and those with skills will manage to get Paid commensurate with their skills.

Instead of those who can exploit as many productive people as they can, getting bonus' for running companies into the ground, by gutting any intellectual or economic capitol built up over the years.... Cause you can just find someone else to do the job for 1/4 the cost. Sure everything falls apart, but you have someone in the same job title and costs are lower.

Bla Bla Bla

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