Scooped by Pat Darnell | Mar 7, 2013 | Bryan TX
Introduction
Financial types, and they definitely are a subset of humanity, do things through sleight of hand. The reason they sneak around is because they foretell futures of money as it flows through society. They have formulas that tell them when tomorrow will be a winner or a loser. And this propriety, they think, gives them the right to lurk about. Just like a diamond dealer won't tell you where the diamonds are stashed, right?
The rest of us, in context of work-a-day, go about our business mostly ignoring the financial types. They seem to be doing nothing, and that seems foreign to one who works.
I did an experiment ten years ago. I got jobs working as an insurance agent, first with Farmers Insurance, then second with Western Southern Enterprises. I did okay in the application processes until they gave me a psychological evaluation type test. I was border line, as I was told later. But I worked in the financial industry for six years.
You see, there is no right or wrong answer to psychological test of that kind. My answers were "compared" to answers from other applicants, and/or, successful financial types. The comparisons told the company if I fell in the zone of successful financial types, or not.
Having been in Construction Management, and having grown up through the trades, my answers were "not" in the zone, but rather on the edge of that bell curve.
You, see, financial groups, like insurance companies are pyramids, only they are built out of playing cards. It may surprise you to learn that a regional manager at Farmers Insurance makes about $3 million a year; yes, that's right, and it is hardly ever publicized. The guy at the top of the heap gets the biggest check. His money is made off the backs of others.
When a bunch of financial guys get together they try to act like normal people, but their inherent hatred of anything "not financial" makes them play their hand.
I find these financial types intriguing; like being at a Cabaret, I sometimes imagine. A group of men usually who wear facades, and talk percentages, but just below the facade is a regular smelly, old wool, metallic scented pile of protoplasm that will shrivel up if it has to find common ground with a common person. Or, if you stare at their hairpiece too long they will try everything to turn your gaze from it.
"Oh, I jog three miles every morning," he'll say. This is supposed to fit into his gimmick world. Misdirection is the whole story, the only story, and the way of financial types out there.
So, when Jim Hightower reports on the sweeps of the financial district, that means we are right now in a national state of intentional "mis-direction," and maybe it is time to WAKE THE HELL UP!
Jim Hightower | Wall Street gets giddy over the urge to merge: "One Wall Street economist says, giddily, that today's urge to merge is "a sign that corporate America believes that the [economic] expansion is going to accelerate." Yeah, and run right over us.
"Confidence on Upswing, Mergers Make Comeback," The New York Times, February 15, 2013.
"A Job-Hacking Fed Policy," Austin American Statesman, February 24, 2013.
"Buyouts a boon to investors," Austin American Statesman, February 18, 2013.
"From ketchup to computers, companies are buying each other again. Is a flurry of LBOs next?" www.washingtonpost.com, February 15, 2013."
'via Blog this'
[Read Entire Article HERE]
__________________________Reference
http://jimhightower.com/node/7975#.UTjFahyzeSo
http://www.forbes.com/sites/investor/2013/01/16/dell-the-return-of-the-prodigal-lbo-2/
