Jack Saturday

Wednesday, May 09, 2012

Anti Wage-Slavery, Pro-Freedom Quotations Of The Week 810-813

On Wall Street, it is not frowned upon to "rip the faces off" one's own clients. If the client is dumb enough to get hoodwinked, that means the client didn't work hard enough. He didn't do his "due diligence." In other words, if I screw you, you only have yourself to blame. That is the "zero-sum game" of trading.
Why I Had to Get Out: Confessions of a Wall Street Insider

Most rich people are as boring as old, dead dog shit.
Stephen King

According to the study, to be released… by the John J. Heldrich Center for Workforce Development at Rutgers, just 7 percent of those who lost jobs after the financial crisis have returned to or exceeded their previous financial position and maintained their lifestyles.
The vast majority say they have diminished lifestyles, and about 15 percent say the reduction in their incomes has been drastic and will probably be permanent.
For Jobless, Little Hope of Restoring Better Days
New York Times
Published: December 1, 2011

When will we genuinely reap the benefits of our ever-rising techno-economic productivity? How far can we keep devising ever more efficient and ingenious ways to extract meaning and energy from our natural resources - whether they be mental or material - without seriously considering the radical option? Which is: a guaranteed income, or social wage, well above the poverty line.
Pat Kane,
The Play Ethic
(emphasis JS)


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