sfzombie 3 #76 March 8, 2013 i would have to disagree. he said most. and based it on personal experience. i feel the same way about education in general. the system is broken. when entertainers get rich and teachers go broke, it's a shame and a detriment to society. then look into higher education. if they were actually held to standards, there would be no tenure. throughout my college education, i have noticed the same patterns of non experienced educators not knowing how to actually think to solve a problem which arose in class on multiple occasions. and experienced ones who actually brought up examples which nobody could have imagined. to put another way, my son (10) has an iq over 140. he is smarter than me. the only way i can stay on top of his shit is through experience. smart only goes so far, and that's a fact.http://kitswv.com Quote Share this post Link to post Share on other sites
kallend 2,107 #77 March 8, 2013 QuoteQuoteQuote While adding value is a good thing, it's not our real issue. The issue is those that subtract value and do it on the governments dime. So you don't like Wall Street bankers either. we cannot all be glorified babysitters. someone has to actually leave campus. someone has to create the revenue required for the tuition that gives you a place to go 12 hours a week. you really should be more grateful for revenue generating people. Without them you might have to find a job where you had to actually create something of measurable value. your welcome. Most of what you think you know about me is incorrect, including your complete lack of knowledge of my work history. You're welcome.... The only sure way to survive a canopy collision is not to have one. Quote Share this post Link to post Share on other sites
weekender 0 #78 March 8, 2013 QuoteQuotehopefully that clears up my post a bit. Not in the slightest. Your selective attack on a certain segment of the education profession, cherry-picked specifically because you think it represents one particular regular poster here, is ignorant and juvenile. it was a bit mean, as was my intent. it was a broad insult stereotyping an entire industry. as was his comment and why i chose my wording. my post was no more ignorant and juvenile than his. i am willing to bet he will be less offended then others. probably because he will understand clearly why i said it."The point is, I'm weird, but I never felt weird." John Frusciante Quote Share this post Link to post Share on other sites
kallend 2,107 #79 March 8, 2013 By the way, I dispute that bankers create wealth. They manipulate wealth that others create, and take a cut off the top.... The only sure way to survive a canopy collision is not to have one. Quote Share this post Link to post Share on other sites
weekender 0 #80 March 8, 2013 QuoteQuoteQuoteQuote While adding value is a good thing, it's not our real issue. The issue is those that subtract value and do it on the governments dime. So you don't like Wall Street bankers either. we cannot all be glorified babysitters. someone has to actually leave campus. someone has to create the revenue required for the tuition that gives you a place to go 12 hours a week. you really should be more grateful for revenue generating people. Without them you might have to find a job where you had to actually create something of measurable value. your welcome. Most of what you think you know about me is incorrect, including your complete lack of knowledge of my work history. You're welcome. actually i know it because you stated it many times. I get you. and i am also confident you got my post. i too can stereotype an entire group. others here might not as evidenced by how upset they seem."The point is, I'm weird, but I never felt weird." John Frusciante Quote Share this post Link to post Share on other sites
kallend 2,107 #81 March 8, 2013 QuoteQuoteQuoteQuoteQuote While adding value is a good thing, it's not our real issue. The issue is those that subtract value and do it on the governments dime. So you don't like Wall Street bankers either. we cannot all be glorified babysitters. someone has to actually leave campus. someone has to create the revenue required for the tuition that gives you a place to go 12 hours a week. you really should be more grateful for revenue generating people. Without them you might have to find a job where you had to actually create something of measurable value. your welcome. Most of what you think you know about me is incorrect, including your complete lack of knowledge of my work history. You're welcome. actually i know it because you stated it many times. I get you. and i am also confident you got my post. i Really? Then tell me how many companies, federal agencies, and branches of the military I have worked for.... The only sure way to survive a canopy collision is not to have one. Quote Share this post Link to post Share on other sites
weekender 0 #82 March 8, 2013 Quote By the way, I dispute that bankers create wealth. They manipulate wealth that others create, and take a cut off the top. you have a point. its based on your dislike of the profession and manipulation of the English language, though. hah i feel we do create great wealth. we provide the capital to people with good ideas. that enables them to expand their business, hire more people and pay more taxes. All, except the taxes we take a cut of. i feel that is creation. i know how you feel."The point is, I'm weird, but I never felt weird." John Frusciante Quote Share this post Link to post Share on other sites
weekender 0 #83 March 8, 2013 QuoteQuoteQuoteQuoteQuoteQuote While adding value is a good thing, it's not our real issue. The issue is those that subtract value and do it on the governments dime. So you don't like Wall Street bankers either. we cannot all be glorified babysitters. someone has to actually leave campus. someone has to create the revenue required for the tuition that gives you a place to go 12 hours a week. you really should be more grateful for revenue generating people. Without them you might have to find a job where you had to actually create something of measurable value. your welcome. Most of what you think you know about me is incorrect, including your complete lack of knowledge of my work history. You're welcome. actually i know it because you stated it many times. I get you. and i am also confident you got my post. i Really? Then tell me how many companies, federal agencies, and branches of the military I have worked for. to be clear i know you have alot of experience away from education as you have stated many times. that was my point. it was meant as a compliment and not an insult."The point is, I'm weird, but I never felt weird." John Frusciante Quote Share this post Link to post Share on other sites
kallend 2,107 #84 March 8, 2013 QuoteQuote By the way, I dispute that bankers create wealth. They manipulate wealth that others create, and take a cut off the top. you have a point. its based on your dislike of the profession and manipulation of the English language, though. hah i feel we do create great wealth. we provide the capital to people with good ideas. And where did that capital come from? Did you create it out of thin air, or skim it from a real creator of wealth?... The only sure way to survive a canopy collision is not to have one. Quote Share this post Link to post Share on other sites
weekender 0 #85 March 8, 2013 QuoteQuoteQuote By the way, I dispute that bankers create wealth. They manipulate wealth that others create, and take a cut off the top. you have a point. its based on your dislike of the profession and manipulation of the English language, though. hah i feel we do create great wealth. we provide the capital to people with good ideas. And where did that capital come from? Did you create it out of thin air, or skim it from a real creator of wealth? some of it is ours and others is outside investors. i have mostly worked for privately held banks, partnerships with alot of their own capital at risk. including my current job. we are paid for our services. its not abnormal. i understand you feel it is shameful. im not bothered. i am proud of my job. we recently financed a water facility. we took some of the profits from the deal to hire a disabled veteran. the rest will be used to finance another deal. i feel its creating wealth and important. not to mention people appreciate clean drinking water. edited to add: i am aware municipal water facilities do not create wealth even though needed. hiring new people does. that was my point. also, i am aware my post was a bit dramatic. it was meant to be since most of you think i am an evil man. wanted to show you all a softer side. ."The point is, I'm weird, but I never felt weird." John Frusciante Quote Share this post Link to post Share on other sites
rehmwa 2 #86 March 8, 2013 Quote a real creator of wealth? unless you mean a printing press - that's a VERY subjective term, isn't it? ... Driving is a one dimensional activity - a monkey can do it - being proud of your driving abilities is like being proud of being able to put on pants Quote Share this post Link to post Share on other sites
winsor 236 #87 March 8, 2013 QuoteQuoteQuoteQuote By the way, I dispute that bankers create wealth. They manipulate wealth that others create, and take a cut off the top. you have a point. its based on your dislike of the profession and manipulation of the English language, though. hah i feel we do create great wealth. we provide the capital to people with good ideas. And where did that capital come from? Did you create it out of thin air, or skim it from a real creator of wealth? some of it is ours and others is outside investors. i have mostly worked for privately held banks, partnerships with alot of their own capital at risk. including my current job. we are paid for our services. its not abnormal. i understand you feel it is shameful. im not bothered. i am proud of my job. we recently financed a water facility. we took some of the profits from the deal to hire a disabled veteran. the rest will be used to finance another deal. i feel its creating wealth and important. not to mention people appreciate clean drinking water. edited to add: i am aware municipal water facilities do not create wealth even though needed. hiring new people does. that was my point. also, i am aware my post was a bit dramatic. it was meant to be since most of you think i am an evil man. wanted to show you all a softer side. . One thing that concerns me is when referees begin to think of themselves as players. Congress would appear to suffer from the delusion that they can create affluence by means of appropriate legislation. Similarly, banks fancy themselves as prime movers of the economy. You are either the house, a player, a shill or a tout. You incur risk when you seek to blur those distinctions. BSBD, Winsor Quote Share this post Link to post Share on other sites
weekender 0 #88 March 8, 2013 QuoteQuoteQuoteQuoteQuote By the way, I dispute that bankers create wealth. They manipulate wealth that others create, and take a cut off the top. you have a point. its based on your dislike of the profession and manipulation of the English language, though. hah i feel we do create great wealth. we provide the capital to people with good ideas. And where did that capital come from? Did you create it out of thin air, or skim it from a real creator of wealth? some of it is ours and others is outside investors. i have mostly worked for privately held banks, partnerships with alot of their own capital at risk. including my current job. we are paid for our services. its not abnormal. i understand you feel it is shameful. im not bothered. i am proud of my job. we recently financed a water facility. we took some of the profits from the deal to hire a disabled veteran. the rest will be used to finance another deal. i feel its creating wealth and important. not to mention people appreciate clean drinking water. edited to add: i am aware municipal water facilities do not create wealth even though needed. hiring new people does. that was my point. also, i am aware my post was a bit dramatic. it was meant to be since most of you think i am an evil man. wanted to show you all a softer side. . One thing that concerns me is when referees begin to think of themselves as players. Congress would appear to suffer from the delusion that they can create affluence by means of appropriate legislation. Similarly, banks fancy themselves as prime movers of the economy. You are either the house, a player, a shill or a tout. You incur risk when you seek to blur those distinctions. BSBD, Winsor i would agree with alot of what you said. my industry has an over inflated feeling of self importance. that is evidenced by the banker who said we were doing God's work. I think it was Blankfein, not sure though. i firmly believe he was meaning to imply he was doing meaningful work and worded it poorly. i do feel that he believes his work is very important, though. i dont think we are to blame for nearly as much of the worlds problems either. we might not be doing God's work but we are essential to a civil prosperous society. i truly wish we were as powerful as people believe. then i could smite my enemies."The point is, I'm weird, but I never felt weird." John Frusciante Quote Share this post Link to post Share on other sites
OHCHUTE 0 #89 March 8, 2013 QuoteQuoteQuoteQuoteQuoteQuote By the way, I dispute that bankers create wealth. They manipulate wealth that others create, and take a cut off the top. you have a point. its based on your dislike of the profession and manipulation of the English language, though. hah i feel we do create great wealth. we provide the capital to people with good ideas. And where did that capital come from? Did you create it out of thin air, or skim it from a real creator of wealth? some of it is ours and others is outside investors. i have mostly worked for privately held banks, partnerships with alot of their own capital at risk. including my current job. we are paid for our services. its not abnormal. i understand you feel it is shameful. im not bothered. i am proud of my job. we recently financed a water facility. we took some of the profits from the deal to hire a disabled veteran. the rest will be used to finance another deal. i feel its creating wealth and important. not to mention people appreciate clean drinking water. edited to add: i am aware municipal water facilities do not create wealth even though needed. hiring new people does. that was my point. also, i am aware my post was a bit dramatic. it was meant to be since most of you think i am an evil man. wanted to show you all a softer side. . One thing that concerns me is when referees begin to think of themselves as players. Congress would appear to suffer from the delusion that they can create affluence by means of appropriate legislation. Similarly, banks fancy themselves as prime movers of the economy. You are either the house, a player, a shill or a tout. You incur risk when you seek to blur those distinctions. BSBD, Winsor i would agree with alot of what you said. my industry has an over inflated feeling of self importance. that is evidenced by the banker who said we were doing God's work. I think it was Blankfein, not sure though. i firmly believe he was meaning to imply he was doing meaningful work and worded it poorly. i do feel that he believes his work is very important, though. i dont think we are to blame for nearly as much of the worlds problems either. we might not be doing God's work but we are essential to a civil prosperous society. i truly wish we were as powerful as people believe. then i could smite my enemies. The guys in the head office like people like you. Worker bees who don't have much of a clue about the world or even about the industry they work in. So tell me: WHERE DID ALL THE TOXIC DEBT GO FROM THE LARGES BANK PONZI ON THE FACE OF THE EARTH that now, after a recent stress tests of banks, everything is fine and dandy... For the rest of us who actually have to account for debts and credits on the balance sheet, bankers seemling get to pencil in anything that suits their fancy. You are not of any god, you are evil. Quote Share this post Link to post Share on other sites
weekender 0 #90 March 8, 2013 ohchute>"The guys in the head office like people like you. Worker bees who don't have much of a clue about the world or even about the industry they work in. So tell me: WHERE DID ALL THE TOXIC DEBT GO FROM THE LARGES BANK PONZI ON THE FACE OF THE EARTH that now, after a recent stress tests of banks, everything is fine and dandy...." why are asking me where the debt is? you can find this information in any newspaper or 10q/10k. some banks went out of business and their debt was bought, JPMS holds alot of BEST debt. Barclays absorbed the debt of LEHM who they bought. the banks still hold a ton of this debt and are slowly selling it off and loses realized. This should be very easy to understand if you had even a basic understanding of a balance sheet and could read a newspaper or work your interweb machine. This is all easy to find. Your really should be embarrassed to be asking. its hilarious to imply it someone vanished from plain sight. that is a mathematic impossibility. Its all public information and widely available. the banks take charges on these loses all the time. pick up a paper or do a google search before you come here and humiliate yourself. what is a "head office?" is this where the "admen" work who push the "front end paper" for the "stock firms". you really should stop making up terms. it makes your already complete lack of understanding that more comical."The point is, I'm weird, but I never felt weird." John Frusciante Quote Share this post Link to post Share on other sites
kallend 2,107 #91 March 8, 2013 QuoteQuote a real creator of wealth? unless you mean a printing press - that's a VERY subjective term, isn't it? Nope. You confuse a paper representation of wealth with the actual wealth it represents. Rather like confusing internet porn with real sex. Of course, these days, just like with porn, a bunch of electrons are increasingly used to represent wealth).... The only sure way to survive a canopy collision is not to have one. Quote Share this post Link to post Share on other sites
kallend 2,107 #92 March 8, 2013 QuoteQuoteQuoteQuote By the way, I dispute that bankers create wealth. They manipulate wealth that others create, and take a cut off the top. you have a point. its based on your dislike of the profession and manipulation of the English language, though. hah i feel we do create great wealth. we provide the capital to people with good ideas. And where did that capital come from? Did you create it out of thin air, or skim it from a real creator of wealth? some of it is ours and others is outside investors. i have mostly worked for privately held banks, partnerships with alot of their own capital at risk. including my current job. we are paid for our services. its not abnormal. i understand you feel it is shameful. im not bothered. i am proud of my job. we recently financed a water facility. we took some of the profits from the deal to hire a disabled veteran. the rest will be used to finance another deal. i feel its creating wealth and important. not to mention people appreciate clean drinking water. edited to add: i am aware municipal water facilities do not create wealth even though needed. hiring new people does. that was my point. also, i am aware my post was a bit dramatic. it was meant to be since most of you think i am an evil man. wanted to show you all a softer side. . No I don't think it shameful at all and to an extent I think it a valuable service, like plumbers who clean sewers and drycleaners who get stains out of clothes. However, don't kid yourself that your industry CREATES wealth. All it does is move wealth around and take a cut off the top. Someone else created it. Just like the plumber and the cleaner, you may *facilitate* but you don't create.... The only sure way to survive a canopy collision is not to have one. Quote Share this post Link to post Share on other sites
weekender 0 #93 March 8, 2013 QuoteQuoteQuoteQuoteQuote By the way, I dispute that bankers create wealth. They manipulate wealth that others create, and take a cut off the top. you have a point. its based on your dislike of the profession and manipulation of the English language, though. hah i feel we do create great wealth. we provide the capital to people with good ideas. And where did that capital come from? Did you create it out of thin air, or skim it from a real creator of wealth? some of it is ours and others is outside investors. i have mostly worked for privately held banks, partnerships with alot of their own capital at risk. including my current job. we are paid for our services. its not abnormal. i understand you feel it is shameful. im not bothered. i am proud of my job. we recently financed a water facility. we took some of the profits from the deal to hire a disabled veteran. the rest will be used to finance another deal. i feel its creating wealth and important. not to mention people appreciate clean drinking water. edited to add: i am aware municipal water facilities do not create wealth even though needed. hiring new people does. that was my point. also, i am aware my post was a bit dramatic. it was meant to be since most of you think i am an evil man. wanted to show you all a softer side. . No I don't think it shameful at all and to an extent I think it a valuable service, like plumbers who clean sewers and drycleaners who get stains out of clothes. However, don't kid yourself that your indistry CREATES wealth. All it does is move wealth around and take a cut off the top. Someone else created it. thank you for admitting my services are valuable. we will just have to disagree on wealth creation. you seem to believe the pie never grows. i do not believe its a zero sum game. as if the dealer handed out a finite amount of monies and we fight over it. you do, and why you keep saying we skim or shuffle. you showed how classy you are by insulting plumbers and dry cleaners trying to take a cheap shot at me fyi. you could have achieved that without implying their job is lowly. you are not a nice person."The point is, I'm weird, but I never felt weird." John Frusciante Quote Share this post Link to post Share on other sites
OHCHUTE 0 #94 March 8, 2013 Quoteohchute>"The guys in the head office like people like you. Worker bees who don't have much of a clue about the world or even about the industry they work in. So tell me: WHERE DID ALL THE TOXIC DEBT GO FROM THE LARGES BANK PONZI ON THE FACE OF THE EARTH that now, after a recent stress tests of banks, everything is fine and dandy...." why are asking me where the debt is? you can find this information in any newspaper or 10q/10k. some banks went out of business and their debt was bought, JPMS holds alot of BEST debt. Barclays absorbed the debt of LEHM who they bought. the banks still hold a ton of this debt and are slowly selling it off and loses realized. This should be very easy to understand if you had even a basic understanding of a balance sheet and could read a newspaper or work your interweb machine. This is all easy to find. Your really should be embarrassed to be asking. its hilarious to imply it someone vanished from plain sight. that is a mathematic impossibility. Its all public information and widely available. the banks take charges on these loses all the time. pick up a paper or do a google search before you come here and humiliate yourself. what is a "head office?" is this where the "admen" work who push the "front end paper" for the "stock firms". you really should stop making up terms. it makes your already complete lack of understanding that more comical. I really enjoy hearing bankers talk. "Selling off debt at a loss." I always wonder about the person buying debt, especially if the debt is worthless. Bank A says to floundering Bank B: I"ll buy your trillion dollars of debt fo r$1 and other valuable consideration (which includes a kckback to the seller for a couple of million for doing the favor.) Bank B gets rid of a trillion on the balance sheet. All legal. No questions asked. The head office is where the boss sits. I guess you're not the boss especially when you seem to not be aware what a public firm is, a stock firm. As opposed to a mom and pop, a not stock firm. But then there are private firms that have stock but they are not traded publicly. Wealth is created by making profit. Banks have a great luxury as they get money from the gov't for free from which they make more money, including loaning the same money back to the the Feds. Quote Share this post Link to post Share on other sites
rehmwa 2 #95 March 8, 2013 QuoteJust like the plumber and the cleaner, you may *facilitate* but you don't create. now it's really getting thin - who then creates wealth, give me your three top careers. I'd like to understand your definition. I'll take three guesses 1 - I guess the miner that actually takes precious metals and stones from the earth....(by your logic, I assume he didn't create it either, he just took it from the government put it in play, but it was always there..) 2 - the sun (fusion certainly counts) 3 - Internet porn site - you seem intrigued there ... Driving is a one dimensional activity - a monkey can do it - being proud of your driving abilities is like being proud of being able to put on pants Quote Share this post Link to post Share on other sites
weekender 0 #96 March 8, 2013 QuoteQuoteohchute>"The guys in the head office like people like you. Worker bees who don't have much of a clue about the world or even about the industry they work in. So tell me: WHERE DID ALL THE TOXIC DEBT GO FROM THE LARGES BANK PONZI ON THE FACE OF THE EARTH that now, after a recent stress tests of banks, everything is fine and dandy...." why are asking me where the debt is? you can find this information in any newspaper or 10q/10k. some banks went out of business and their debt was bought, JPMS holds alot of BEST debt. Barclays absorbed the debt of LEHM who they bought. the banks still hold a ton of this debt and are slowly selling it off and loses realized. This should be very easy to understand if you had even a basic understanding of a balance sheet and could read a newspaper or work your interweb machine. This is all easy to find. Your really should be embarrassed to be asking. its hilarious to imply it someone vanished from plain sight. that is a mathematic impossibility. Its all public information and widely available. the banks take charges on these loses all the time. pick up a paper or do a google search before you come here and humiliate yourself. what is a "head office?" is this where the "admen" work who push the "front end paper" for the "stock firms". you really should stop making up terms. it makes your already complete lack of understanding that more comical. I really enjoy hearing bankers talk. "Selling off debt at a loss." I always wonder about the person buying debt, especially if the debt is worthless. Bank A says to floundering Bank B: I"ll buy your trillion dollars of debt fo r$1 and other valuable consideration (which includes a kckback to the seller for a couple of million for doing the favor.) Bank B gets rid of a trillion on the balance sheet. All legal. No questions asked. The head office is where the bass sits. I guess you're not the boss especially when you seem to not be aware what a public firm is, a stock firm. As opposed to a mom and pop, a not stock firm. But then there are private firms that have stock but they are not traded publicly. Wealth is created by making profit. Banks have a great luxury as they get money from the gov't for free from which they make more money, including loaning the same money back to the the Feds. The debt is not worthless if someone is buying it. its sad you do not understand that. its very easy, you sell debt to someone who pays a discount with the assumption it will go up in value at a later date. that is basically the reason for all security transactions in the secondary market. nothing odd or uncommon about that. you would know that if you were not clueless about finance as evidenced by all your posts. there are only a few people between me and the head of my bank. so you really should not assume i am such a peon. i can understand that assumption based on how much time i have to mock you, though. so i will let it slide, i probably would assume the same. "head office" is not a term anyone who understands or works in finance would know. you made it up. i cannot be expected to understand imaginary terms you create. nor have i heard of "admen, front end paper or stock firms." they are all imaginary terms used by someone clueless about finance. it is truly comical that you take the time to explain your made up terms to me as if im the dolt."The point is, I'm weird, but I never felt weird." John Frusciante Quote Share this post Link to post Share on other sites
weekender 0 #97 March 8, 2013 everyone have a nice weekend. i will be gone and not responding. you can beat me up on monday if you wish."The point is, I'm weird, but I never felt weird." John Frusciante Quote Share this post Link to post Share on other sites
kallend 2,107 #98 March 8, 2013 QuoteQuoteJust like the plumber and the cleaner, you may *facilitate* but you don't create. now it's really getting thin - who then creates wealth, give me your three top careers. I'd like to understand your definition. I'll take three guesses 1 - I guess the miner that actually takes precious metals and stones from the earth....(by your logic, I assume he didn't create it either, he just took it from the government put it in play, but it was always there..) 2 - the sun (fusion certainly counts) 3 - Internet porn site - you seem intrigued there Sorry to burst your bubble but Apollo doesn't REALLY drive the sun across the sky every day. I'd define wealth as materials (in a broad sense, to include food), energy and knowledge. So I agree with miners, farmers, fishermen, hunters, those who turn raw materials into products (manufacturers, oil refiners...), inventors, designers, engineers, research scientists (non inclusive list). Those who don't create wealth aren't necessarily as useless as telephone sanitizers and marketing execs. Plumbers, car mechanics, dry cleaners and even bankers certainly provide important services. Even porn sites provide a service to people who can't get a real girlfriend.... The only sure way to survive a canopy collision is not to have one. Quote Share this post Link to post Share on other sites
kallend 2,107 #99 March 8, 2013 Quoteeveryone have a nice weekend. i will be gone and not responding. you can beat me up on monday if you wish. You too.... The only sure way to survive a canopy collision is not to have one. Quote Share this post Link to post Share on other sites
Stumpy 284 #100 March 10, 2013 Quote telephone sanitizers and marketing execs. A golgafrincham reference? Never try to eat more than you can lift Quote Share this post Link to post Share on other sites
