Re: motivational posters

This one was always one of my favorites.

http://www.ratemymotivational.com/13555-WOMEN-Because_this_shit_aint_folding_itself

or this…

http://www.demotivateus.com/dishes-do-them-now-demotivational-poster/#

I think we love predictions because if we make predictions, and/or concoct explanations for those events we predicted wrong, then we won’t feel like victims of randomness. We feel more in control. But are we more in control or just intoxicated by some illusion of control?

http://viewpointsofacommoditytrader.com/419/suckers-for-prediction/

Move they will… quite right… We must guard against this at all costs, even it were to mean that we put the entire nation’s economic future at risk again many times over in pursuit of rescuing the big banks.

To find real world evidence of deleterious effect the abridgment of the right to “fair” compensation for our illustrious financial and administrative talent, look no further than the sorry state of Europe where a veritable brain drain has been taking place for years. High taxes have promted the majority of the old countries’ best and brightest to head for the exits, departing for greener pastures in places like Brazil, Mexico, India, China, Pakistan, and Zimbabwe, where avoiding taxes are the national pastime, and economic freedom, public safety, respect for property rights, and healthy government/industry “cooperation” make for better business conditions and higher standards of living for these deserving elites.

The veritable evacuation of Europe’s talent has had a tremendously negative effect on the standard of living for the mostly useless, ungrateful masses left to suffered innumerable hardships on their own without their more able compatriots to provide them with much needed investment schemes and other, I’m certain, good and useful stuff.

Whereas in countries like Russia on the other hand, where the vigorous classes have no need to flee as they are quite free to earn a fairer share of the economic pie they well deserve for their heroic efforts – commensurate with the indispensable service they provide to their more humble countrymen – the entire population enjoys a quickly rising prosperity virtually unparalleled in Europe. If you do not believe me, just ask any sober Russian with a steady non-dead-end job if you can find one.

“. . . how is it in almost every other form of PRIVATE employment, global competition is pressuring wages downward – but in the banking elite it is driving up wages? …. aha, they have a unique skill set that adds more social and economic value than say a physicist – gotcha.”

“. . . remember, we have 2 classes of people (CEOs and bank employees) who are not motivated by the normal things the rest of the peons are. The peons are motived by “doing a good job”, or “providing food for their family” or ” putting a roof over their head”. These are not things that motivate the special people in our land. If you only provide compensation at a level say 50x the average peasant you will have a subclass of unmotivated CEOs and bankers. That cannot be allowed to happen. Or they will move.”

1. Theirs is not a field that is a real science, dismal or otherwise. Economics is what Richard Feynman called a “cargo cult science” – they’re going through the motions of being a science, but they achieve no actual results.

2. Most economists have little to no actual experience in what they claim to be experts in. Most economists are tenured academics, which is to say, they have no experience with having to deal with consequences of being wrong (ie, being fired), they’ve never had to make payroll or hire/fire/train employees, they’ve never had to deal with a competitive market and margin pressures, etc.

For all the supposed learning that economists have, it would be far more entertaining to see them dress in a grass skirt, shove a bone through their nose and paint their faces before they’re interviewed on Bloomberg or CNBC. It would also befit their actual credibility.

http://i35.tinypic.com/15oxnuo.jpg

quote: “If you believe the screaming from US and UK bankers if you dare even blink an eye at compensation practices they will all move to another country, then you have to believe that the Royal Bank of Canada is set to lose almost all its employees. So, New York City and London – make way for an influx of immigrants – you can hear the moving vans from here, eh?”