Wednesday, February 4, 2009

Obam freezes pay hikes

Don’t believe this story trying to covertly criticize Obama's Wall Street pay freeze. If these people are so talented, rather than having had connections, why have a buy on AIG the day before it collapses, why ask the government for trillions of dollars. I tell you, the shareholders are glad, and people much more talented will take their place, people who never had the connection, they are not going anyway, they know they where robbing in the first place. Finance has very little to do with talent, it has to do with connections, Einstein had talent, Carl Lewis had talent, Mayweather the boxer has talent, Keynes had talent, Adam Smith had talent, Michael Jackson had talent but finance has to do with access to capital not talent. Stop trying to fool us like the whole world is stupid, I will say it now, to work in wall street or the City of London requires average talent, if needed at all but, great connections. If for example Bush’s daughters wanted to work in Wall street there will be there tomorrow, with the little talent they had, but deriving an equation, being the fastest man, being a great poet requires actual talent. The BBC article is trying to con people.

When somebody with money finances an invention, the talent lies with the person who created the invention, if they had money they would not need to go to the people with money at Wall Street. Been a crystal gazer is not talent.

Bhekuzulu Khumalo

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Bhekuzulu Khumalo

I write about knowledge economics, information, liberty, and freedom