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TimingLogic

TimingLogic
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November 07
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I'm an electrical engineer and mathematician by training. My career has spanned diverse areas of expertise from being part of a team which designed the world's most powerful computers to corporate consulting around business transformation and information-based solutions to being a corporate sales and marketing executive in the information technology and business consulting space. I’ve led teams responsible for innovative and transformative solutions and been part of teams that helped set strategy for many of America's greatest companies. Two of my interests are econometrics, democratic finance and quantitative - qualitative analysis. Over the years I have developed risk-based models and trading systems meant to identify significant investment opportunities and periods of extreme risk. My blog is an outlet for another of my passions, writing. I generally consider myself a contrarian. Therefore, many of my rantings are meant to encourage people to question what they believe to be true. Terms of Use & Disclaimer: First off, I don't take anything on here too seriously and you shouldn't either. These are simply sardonic rantings of Bill, my alter ego, often meant to agitate for peaceful & nonviolent reform. This web site reflects the views of its authors. It is unaffiliated with any NASD broker/dealer. Statements on this site do not represent the views or policies of anyone other than its authors. The information on this site is provided for discussion purposes, comedic relief and entertainment only and are not investing recommendations. The authors may have positions in securities mentioned herein. Under no circumstances does this information represent a recommendation to buy or sell securities. While information discussed on this site was gathered from what are believed to be reliable sources, in no way is informational accuracy guaranteed. All information on this site may contain errors and omissions. Trading and investing involves high levels of risk. Always consult a licensed financial advisor or broker before making any and all investment decisions. Authors of this site and any sites which are fed by said site, including Open Salon and others, will assume no responsibility for the actions of the reader and user. Readers and users agree, as condition to accessing this site, to release and hold harmless this site's authors from all liability in connection with this site or any views posted on this site. All readers and users of this site agree that use of this site requires acceptance to the current Terms Of Use & Disclaimer and that current terms include any and all use and material from site inception. If you do not understand these statements in their entirety or do not agree to be bound by this current agreement, you must immediately discontinue use of this site. This Terms Of Use & Disclaimer may change at any time and it is the reader's and user's responsibility to review, understand and abide by any updates.

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OCTOBER 10, 2012 7:28PM

Corporate Terrorism–CEO Threatens Employees To Not Vote For Obama

Rate: 3 Flag

Quite frankly, I could care less who people vote for. I’m not voting for Obama or any other corporate-manufactured puppet. But I find this repulsive and representative of how capitalism trumps democracy almost without exception. How capitalism oftentimes literally terrorizes democracy in the process. Is this really anything more than attempted extortion of someone who clearly leads a life of decadence, selfishness and hyper-consumption and has made his fortune substantially off the backs of other people? That is what a service business is. The owner of a service business makes their fortune exclusively off of labor. It’s not like an invention that benefits society or a cure for cancer. There is no wealth creation involved. It’s doing each other’s laundry as Henry Ford noted. Did you ever get rich doing anyone’s laundry? Not owning a laundry business. But doing someone else’s laundry?

Actually, let me go one step farther. This CEO runs a business that consumes capital. As I have noted on here before, capital-consuming industries are literally no different than transfer payments from the government. We could pay people who work in capital-consuming industries to sit at home, watch TV and collect welfare checks and the impact on our nation’s wealth would be no different. That is a fact not an opinion.

If you work in any finance-related or service field you essentially dig holes in the ground and then fill them in. You are a Keynesian even though most in finance rail on Keynes. Shows how little they know. Of course, listening to financial idiots is why we are in this mess.

A service-based economy cannot grow, cannot inflate its way out of debt and cannot create wealth. It can only exist through the printing of money and, therefore, the continual erosion of currency. In some way, shape or form, every service job is a tax on society. And, because it is a tax, it must either directly or indirectly rely on government handouts or the creation of wealth by others for its existence. That is the impact you have on society if you work in a service job. Nothing new on here. I have written of this before. I know that will rankle people who read that who believe they are more self-important than they really are. So, you may say bullshit. I would say yes it is. Go read a book. You don’t understand capitalism or how wealth is created if you question such a rudimentary dynamic of how our economy works. Your ego is writing checks you can’t cash.

The reality is if you work in a corporate service or finance business, you work for only one of two reasons. One, your proletariat corporate masters want you to work as slaves and indentured servants to line their pockets with riches. Or, two, you work only to receive your share of money in the economy to survive. That’s it. Fact. Not opinion. In other words, this guy may create jobs, jobs that I would surmise for the most part don’t pay a living wage or strong benefits, but also the jobs he creates don’t create wealth. They don’t create capital. In other words, jobs that probably cost society more than they are worth. Like Wal-mart. Jobs that have so little benefit and income that people become reliant on government-provided aid to help them survive. Our economy is primarily driven by this type of job thanks to crooks and criminals. Why do you think 46 million people are on food stamps and why transfer payments, after inflation, have risen 800% since 1980? So, these corporate assholes who generally don’t care about democracy rely not only on their workers to make a personal fortune, but they rely on others in society to produce capital so their company can consume it and then rely on government to supplement the incomes and benefits of people who work for them. What do we call this again? Oh yeah. Privatizing gains and socializing losses. F*cking over society for the benefit of the self.

Personally, I can do without living in a society where megalomaniacs build the largest home in a nation of 300 million people, who don’t create wealth and then attempt to subvert one person, one vote democracy by terrorizing employees for their own personal avarice. You know, Adam Smith’s virtuous invisible hand of capitalism where selfishness somehow miraculously benefits the common good coupled with Ronald Reagan’s trickle down economics.

Maybe this is the world you want to live in. Maybe your American dream is sitting in that corner cubicle staring at the concrete block wall, listening to the drone of fluorescent lights overhead, pushing paper from box to box while adding no value or quality to your life or humanity or the world around you. Not me. We can most certainly do better than a slave owner’s plantation economy. I dream of a more quality-driven existence for a free nation. One where our work and expression has meaning and makes a difference in the world around us and the people around us. And, that means limiting the influence of pigs like this to one person, one vote. Because a few of these cretins are ruining it for the rest of us.

Title link here. And, kudos to the usually sycophantic corporate state cheerleader CNBC for reporting it.

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Comments

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yikes...right with you - except I will vote for the corpgov Obama - but ...no doubt about it you are spot on.
Mostly what they've been selling for years is now hype not merchandise or service although they call it that. We've been getting annual black Friday riots that often involve obsession with Air Jordan sneakers which went for $200 last year. this year they're marketing $300 sneakers for the next riots.
[r] TL -- I thought you were talking about Romney not this Siegel guy as I read on thru. Pretty over the top to threaten the future careers of his corporate "slaves" if his candidate does not win. Both corporate candidates are sell outs. But this shows just how willful and sociopathic the corporatist class has become.

You sum up the state of the nation very well in terms of "service" jobs without manufacturing production. So many of us need to serve the corporate masters for bottom line survival and we work as honorably as we can, applying our own work ethic to companies who have left their ethics behind too often.

Entrepreneurial opportunities, especially humanist ones, have less of a chance of happening in this patriarchal paradigm of economic and social and political Darwinism on steroids.

Thanks and keep on writing the truth!

best, libby