Posts Tagged 'Wall Street'

How Wall Street Really Works – Dilbert [pic]

supersize it

original

Too PIG to Fail [pic]

Mitt Romney Blames Main Street For Wall Street Disaster [video]

Company Axes 40% of Staff – Board of Directors Get 50% Raises

KSDK reports-

Bridgeton-based KV Pharmaceuticals laid off 289 employees Wednesday. Company interim chief executive officer David Van Vliet issued a statement, saying, “Although this type of action is always difficult, we believe it is a necessary step to preserve our capital resources and to re-size our company to be in line with our current expectations of when and how we will be able to return to market.” The I-Team found out despite cutting nearly 40 percent of its current workforce, the company’s board of directors still found the cash to give themselves a hefty raise. According to the latest 10k SEC filing, the board of directors was paid $116,000 in 2009, but gave themselves a $60,000 raise as the company was involved in massive layoffs and faced an immediate future with no income.

Read more HERE or HERE.

Bloopers, Blunders and Bailouts [pic]

I found this DVD for sale at Amazon. Believe it or not, it was released in 2004 and has absolutely nothing to do with politics or Wall Street.

The 10 Worst Things About the Worst Decade Ever

Another list for the decade. Hard to argue with this list from Time. Prepare to be depressed.

Go to the list.

Wall Street – The REAL Terrorists – Are At It Again

BusinessWeek reports –

Wall Street is up to its old tricks again. One year later, one of the key excesses that led our consumer-based economy into an historic downturn is being abused in the exact same way that got us $147-a-barrel oil last summer. Worse, many in the media are again getting the facts wrong on oil prices and demand—as if the oil and gasoline price explosion of 2005-2008 never happened—as one look at last week’s oil report will verify.

Continue reading the disgusting details.

It is a shame that the worthless human debris on Wall Street and their government lapdogs care so little for their country and fellow citizens.

 

US’s Most Over-Rated Tourist Attractions

alamoInteresting list from Yahoo. The Alamo made the list – see what else did HERE.

Can’t Live On $500K Salary?

beggar2 I wiped the tears from my eyes just long enough to post this link.  The article explains the incredible hardship that a $500,000 salary cap would create for the Wall Street types. Perhaps we can start a charity for these poor souls. I can send a small portion from my unemployment check. Please read the article and thank god you are not in their shoes.

Millions of Monkeys

This very short story explains the Wall Street bailout in beautiful simplicity.

“Once upon a time a man appeared in a village and announced to the villagers that he would buy monkeys for $10 each. The villagers, seeing that there were many monkeys around, went out to the forest and started catching them. The man bought thousands at $10 and, as supply started to diminish, the villagers stopped their effort. He next announced that he would now buy monkeys at $20 each. This renewed the efforts of the villagers and they started catching monkeys again. Soon the supply diminished even further and people started going back to their farms. The offer increased to $25 each and the supply of monkeys became so scarce it was an effort to even find a monkey, let alone catch it! The man now announce d that he would buy monkeys at $50 each! However, since he had to go to the city on some business, his assistant would buy on his behalf. In the absence of the man, the assistant told the villagers: ‘Look at all these monkeys in the big cage that the man has already collected. I will sell them to you at $35 and when the man returns from the city, you can sell them to him for $50 each.’ The villagers rounded up all their savings and bought all the monkeys for 700 billion dollars.

They never saw the man or his assistant again, only lots and lots of monkeys!

Now you have a better understanding of how the WALL STREET BAILOUT PLAN WILL WORK !!!!”

Here is the original post.


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