Message to rich people, here is what even you don't get

forextrades · Jun 21, 2009

Quote from Cutten:

The vast majority (90% ish) of jobs aren't even advertised. Sending in CVs in response to ads has the lowest % chance of getting a job out of any job-hunting method.

IMO your first job should be researching and learn how to job-hunt effectively. That's the best paying first job in the world.
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With many companies, it's the only way to apply.

I used to work for a large retail chain in college. People could only apply online. If someone came in person to give the manager a resume, he'd throw it in the trash.

Hiring managers have become automated.

Cutten · Jun 21, 2009

Quote from Misthos:

Like it or not, what the op has posted will be a reality soon.

I have run a business, I come from a family that has run businesses, and I know a lot of other small business owners. NONE of us ever got/get what the CEOs of many publicly traded companies get. 250-400 times the average salary? 20-30 years ago, the average CEO made 40x the average salary.

What happened? These guys have zero skin in the game. They didn't mortgage their homes to start Exxon or GM, or Goldman Sachs. And don't tell me they're fucking that brilliant either. There's a lot of ass kissing and knowing the right people and politicians to get that kind of dough and that kind of job.

No... not all rich people are the same. Unfortunately, the small business person that takes risk (it's called capitalism) is getting killed on both ends - from the poor and the super corporate insider wealthy types.

Not all rich are the same. Unfortunately, the real capitalists are getting nothing and the pseudo capitalists are getting everything.

Don't worry about people like the OP - worry about the pseudo capitalists that are immune to the rule of capitalism that makes bad risks=failure. Those are the guys that will bring on what the OP warns us.

If wall street banks collapsed as they should have - they would have taken many publicly traded restaurant, retail and other service chains with them - and the small businessmen across the country that get funded by the local banks would have reaped the rewards. God forbid that would have happened.
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Good post. Big business is one of the worst enemies of capitalism, the free market, and competition.

trendlover · Jun 21, 2009

Stephan, you like freedom of driving to deliver the pizza, the freedom of owning vending machine because no boss is with you?
So maybe you can be a courier for the medical or dental laboratory. They give you health benefits. You deliver for them and you are alone with no boss. You said you deliver pizza for a long time, so you are good with knowing the streets in your city already. Some give you a van to drive so no expense for you to repair your car, and no expense to you for health insurance, so you save more money.
Here is a place to contact for more information of that.

Messengers and Couriers Association of the Americas, 1156 15th St. NW, Suite 900, Washington, DC 20005

Sandybestdog · Jun 21, 2009

Wow how much time did you spend digging up all that? Since you twisted a few things I said, let me just clarify a few things.

Quote from AlpineTrout:

Quotes from SandyBestDog:

"You are right about one thing. Poor people are poor because they keep doing the same thing, like getting a job........They should instead figure out a why to screw the rich at their own game so that they can again receive an honest days pay for an honest days work." What's wrong this? A lot of rich people screw the poor to get more money, why shouldn't the poor do the same to the rich? Why is ok to take money from the poor, but if you try to take money from the rich, you're labeled a Socialist? Does that seem a little messed up to you?

"I actually still live with my parents. They have never been in a hurry to kick me out and I have never been in a hurry to start paying rent."My parents know that these years are crucial and if I'm able to get something going now, it will pay big dividends later. They also realize that they had it a lot easier at my age, and have more patience with me. They have also done similar for my brother and sister.

"Many baby boomers have what they have today, not because they are smarter or more hard working than the youth of today, but because really, they got lucky."Do you consider buying the Dow at 500 and watching it go to 14k hard work? Or buying a house for 50k that's now worth 500k? Also, what about the $11,000,000,000,000 credit card bill they have left us? They rode the inflation boom of the past 30 years that is being paid for by everybody under 30-40 now. And you guys talk about us not taking personal responsibility.

"Then when they get out of college, they are surprised to find that you actually have to compete for jobs now." You think people had to compete with so many new immigrants 30 years ago?Ask Forextrades about this.

"Oh and by the way, a few months ago, I started a forex micro account with $25. I donât know how I did it considering I pretty much used the same losing methods that havenât worked in the past....."You forgot the part where I used those same losing methods and turned $25 into $1900 in 4 months. You and Michael Moore should talk about responsible journalism. You both take everything out of context.

"Look, I donât want a job, I donât want a career. I am not that type of person."See above reference to Michael Moore. You cut off the rest of what I said. People with jobs don't change the world, they work for the guy who does. I'd rather be the guy.

"So hereâs what I want to do next. I figure the best way to screw the rich and make a bunch of money, is to go take it from them."What's wrong with this? They screw me, so I want to screw them while at the same time help people save money on their energy bill, stop foreign imports of energy, take oil and coal company profits, create clean, renewable energy, and make money doing this. Isn't that what you call a free market?

"So I bought a battery, wind turbine, and solar panel. The problem is, I have no idea what Iâm doing." Is there something wrong with admitting you do not know what you're doing? That's how you learn. I'll figure out how to make it work, and then we'll see who's laughing.

Good luck guy. You might want to be nice to Mama, because with your attitude, you're going to be living in her house a long time. Anytime you want to talk issues instead of personal attacks, just let me know.
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Sandybestdog · Jun 21, 2009

Quote from Cutten:

Look at the former communist countries in Eastern Europe. 20 years ago almost everyone was flat broke after the revolution. Now some are billionaires, some are rich, some comfortable, others get by, whereas others are still flat broke. For anyone 38 or older, they faced exactly the same system and all started broke.

Some people got rich in the Great Depression. The main determinant is yourself, even though environment has an influence.
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Now is a great time to start a business. Build a business now and when all that money the Fed has been printing hits the market, youâll take huge market share. Just wish I had a bunch of money to start a business.

nutmeg · Jun 22, 2009

Quote from Sandybestdog:

Now is a great time to start a business. Build a business now and when all that money the Fed has been printing hits the market, youâll take huge market share. Just wish I had a bunch of money to start a business.
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Start a business doing what? Currently the prospects look like taking a bunch of money and buying a minimum wage job with no benefits or secondly, taking a bunch of money and starting a business as a cash churner.

A cash churner collects cash from the customer and mails checks to various fed state and local gov't agencies, with the remaining cash to various accountants, lawyers, insurance cos, advertisers, consultants, landlords, etc. Meanwhile, your wife has a job.

Sandybestdog · Jun 22, 2009

Quote from trendlover:

Stephan, you like freedom of driving to deliver the pizza, the freedom of owning vending machine because no boss is with you?
So maybe you can be a courier for the medical or dental laboratory. They give you health benefits. You deliver for them and you are alone with no boss. You said you deliver pizza for a long time, so you are good with knowing the streets in your city already. Some give you a van to drive so no expense for you to repair your car, and no expense to you for health insurance, so you save more money.
Here is a place to contact for more information of that.

Messengers and Couriers Association of the Americas, 1156 15th St. NW, Suite 900, Washington, DC 20005
More...

Thanks for that. I worked a few years ago as a courier for a medical delivery company making a lot of deliveryâs between NIH and Ft. Detrick. However I was an independent contractor. It was not worth it at all. Too many miles on the car and not enough money. That was when gas was $2. I will look into the website you gave me. Thanks

Sandybestdog · Jun 22, 2009

Quote from Cutten: That's one of the theories behind the welfare state. No top rate taxpayer can ever be accurately described as greedy.
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Quote from Cutten: Good post. Big business is one of the worst enemies of capitalism, the free market, and competition.
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Please explain your 2 posts. They seem to contradict each other. Aren't big business and the top people who work for them the ones at the top tax rates?Thanks

Sandybestdog · Jun 22, 2009

Quote from nutmeg:

Start a business doing what? Currently the prospects look like taking a bunch of money and buying a minimum wage job with no benefits or secondly, taking a bunch of money and starting a business as a cash churner.

A cash churner collects cash from the customer and mails checks to various fed state and local gov't agencies, with the remaining cash to various accountants, lawyers, insurance cos, advertisers, consultants, landlords, etc. Meanwhile, your wife has a job.
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Why is now not a good time to start a business? Warren Buffettâs father started a stock brokerage business around 1931 and did very well. Commercial real estate has not had the same fate as residential, but where there used to be no place to lease in a strip mall, now there are 1 or 2. The landlords will probably be more flexible. Restaurants are not really hurting that much. Green energy will create the next wave of millionaires.