Thursday, May 17, 2012

All Greek To Me

Well I like to drift in and out on things. Too much excitement stresses me out, so I have promised myself to keep a watchful eye on what I read during this election season.

Anyway couple of things have struck me of late. How about that NY Times article on how clever Apple is at avoiding taxes in this country. You have to admire their ingenuity, and I doubt the news will keep anyone from buying an iPad. Hey we can all pay just a little more in tax and try a little more personal austerity because we admire them so much don't you think?

Speaking of admire, how about that J.P. Morgan bank hoo hah? Last I read they said that even with the two billion dollar loss, they still should balance out by the end of the year. Seriously? They do make to much money. Where exactly did that $2 billion plus go by the way?

[As I side note, the genius who succeed at losing that much money was making $14 million a year too. (She at least got fired - not sure of what sort of bonus came with the firing though). Hey can I have that job? I would take less money and lose less I promise. Wink wink nudge nudge.]

This all leads me to think of the Greeks and how they are standing up against the new buzz trend "austerity".  I bet if old JP Morgan had given them a couple billion it might have eased some of their pain - but quite frankly I sure news like this does not encourage them. Of course it is wrong to live beyond your means, I agree with that. My quibble here is that the world does not encourage that does it? Their argument though is that "the percentage they are paying is just too high priced" and yes people are profiting from all of our dreams all of the time. What's that I hear ....


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