Tuesday, June 14, 2011

The devil in the details is.....BIG BUSINESSES GREED

I’ve come to the conclusion that when there are issues and problems in normal hard working folk’s financial lives, it’s inevitably the fault of big business in one way or the other and number one on my list would be banks. I know. I know. There's a small generally extremist screaming minority of folks down south and up in the junior high schools of deep Alaska who want to place all the blame for everything from toe rot to our present financial recession on the dreaded government but I beg to disagree. Just to remind those robots, the government is us folks. If you vote, you are the government. If you don't, go stand in the corner and shut the hell up. Is our government perfect? Hell no but it's probably the best in the world.

Now I'm not talking about the little corner market or friendly hardware store here. I’m talking about the giants of the world. Big business in most cases has only one agenda and that is profit. Profit above all other considerations. It’s all that matters. Now I’m not talking about a normal profit margin here to be able to keep a business healthy and successful but outlandish, rip-off and the hell with the public profit. The part that consistently angers my sensibilities is big businesses complete lack of consideration for a word that slowly slipped into the clouds of yesteryear and purposely forgotten at some point. That would be the whole concept of “Reasonable”. In the beginning, businesses were rightfully expected to make a “reasonable” profit. Somehow through the intervening years, that word just flat out disappeared, especially with concepts like “Whatever the market will bear” and “Supply and Demand”. These nonsense words were invented by big businesses as logical sounding excuses to rip a new hole in us, without guilt. A hole nothing goes in, just out.

In the beginning businesses also had far different concerns. They actually cared about their customers.... first and foremost above all else.
Lets see. What’s that old concept called? Oh yeah, customer service. Yea, that’s it.
Another old, out of date concept they practiced then was quality. They actually cared about the quality of whatever product they were selling, products that were meant to last for years if not generations. The owners had pride in the products. In fact as far as they were concerned the quality of their products reflected on them personally.

Seems like nowadays there is only one purpose for a business to be in business and that would be to make all the higher ups rich beyond their wildest dreams, including all the shareholders and owners. Not the employees mind you, screw those idiots! Just those at the very top of the ladder. The hell with those peons at the bottom.
Not just get rich but get rich as quick as possible, most time to the detriment of the common man. Not become more and more successful over a long period of time as in the past but RIGHT NOW!
I know, I know. I’ve heard all the talk about business being the grease that makes everything else happen. I even have a friend that proclaims that "GREED IS A GOOD THING!" That without hardcore greed, nothing would get done in life.

That same minority wanted from the very beginning to blame the people for being stupid agreeing to all those loans the banks were offering they couldn't afford. It was their fault for not reading all the fancy smancy legal fine print, only a lawyer could begin to understand. If any of them actually asked anything about this, the banks just said "Oh don't worry your little head about that. In just a few years, you'll make a fortune in profits on your home."

OK, I don't know about you but when my wife and I sat down in the Title offices when buying our homes and they spread out those 400 pieces of paper for us to sign, we didn't read one word, other than where to sign. You see, back then we personally knew and trusted our Realtor and trusted banks explicitly to not cheat us. We also had to prove beyond a shadow of doubt that we could afford the payment throughout the entire loan period.

Piss you off? Completely agree? Read below and DO IT!

Now click on the "Comments" link at the bottom of this blog and add your response or thoughts for others to see when they click on the "Comments" link (Try it now!). It makes it far more interesting if we make it a conversation, instead of just my bullshit. Thank you to those who take the time and effort to do so.....
COME ON..........DO IT!!!

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