Wednesday, December 16, 2009

UK citizens expected to pay through the nose again.

As a PC user (Windoze and 'Nix), I was recently confronted by my son that he needs a Mac next year because of some proprietary (read monopolistic), software called Logic Studio which only runs on the Mac platform. He is a music student at University. So, as my son goes to University in U.K and I live in Japan we do a price comparison.
Macbook Pro 15-inch:
2.53GHz Intel Core 2 Duo
4GB Memory


UK, Apple Store: GBP: 1299.00
Japan, Apple Store: JPY: 168,000 = GBP: 1158.00
Japan, Discount Store JPY: 138,000 = GBP: 952.00
US, Apple Store US$: 1699 = GBP: 1,042.00

We can see quite clearly that the UK customer must once again "PAY THROUGH THE NOSE". A discount of 26.72 pct can be achieved if we buy it for him in Japan. This represents a bigger discount than the student discount and the Apple staff discount added together. (Staff discount 15% plus %10 educational discount = 25%)
Not even sure if the Apple store would allow the addition of discounts anyway.
Any Apple staff reading this, please confirm...

The excuse from the manufacturers you will often hear is "It costs more to do business in the UK". Now while there might be some truth in that statement, it is not the whole story. Most of it is companies taking advantage of "What the market will bear". Especially a company like Apple that have created and are still allowed to operate a monopoly. Micro$oft get hammered all the time for anti-competitive trading practices,(and so they should). Why then should Apple get away with it? Just because its cute and cuddly? (By the way Apple also make the Logic Studio Software and that costs another 400 pounds. The price at the US Apple store is US$500 which at today's exchange rate is 313 pounds). Hardware or software, the UK customer is being ripped off again.

Digging deeper into this, why is everything more expensive in the UK?
Because the U.K. is now grossly uncompetitive and wasteful and produces nothing of value. Maggie Thatcher sold all our industry for a pound. So all we have left now is a nation of middle-men all trying to take their 30pct. She may have broken the unions strangelhold for those few years she was in power, but for sure she has ruined the industrial landscape of the UK for years to come in the process.
(Silly , stupid, retarded old bat).

The U.K. needs massive funding to re-create its lost industry, never mind the banks, they will be able to live off the coat tails of a new efficient industrial sector. Fund industrial rebirth not banker bonuses!

So, the answer is, yes we will be buying the Macbook Pro in Japan. The question remains is this: Does Apple "pay backhanders" to schools, colleges and universities to use their systems exclusively? Does anyone have the answer? Oi Jobzie , whats up?

Friday, December 4, 2009

Good! Let them quit!

The board of directors at Royal Bank of Scotland are trying to hold the government and the country to ransom. If they cannot be allowed to pay their excessive bonuses (to themselves as well of course), They threaten to resign.

Great! Let them resign, without severance, ban them from any official job for 10 years, whether it private sector or public sector. Who needs these leeches anyway.
http://news.bbc.co.uk/2/hi/business/8392791.stm

Thursday, December 3, 2009

Capitalism is the ultimate ponzi pyramid scheme.

Robbing the poor to pay the rich.
Capitalism doesn't work and will never work fairly.

The enemy is not a primitive Muslim from a backward culture with some TNT strapped to his waist. He is not there for fun, he is there because of the sensational desire for profit in the western world that has raped, pillaged and plundered his world for centuries.

The enemy is within. The old money that controls America and the Western world is the enemy.

When will they ever learn?

Derivatives!!!

Think logically about this...

You have a product that is leveraged.
You pay less for it than its theoretical face value.
You do not have to account for it on your balance sheet for its full risk.
Once purchased you can control your VAR (Value at risk) x the leverage factor.

and.... The PHD scientists wrongly placed in finance still believe and try and convince us that the real VAR is less than the full value of the underlying product.
Why do people not try and think for themselves , rather than believe other people's implanted reality??????????

Let me make this really simple. Not even derivatives. This is a logical statement against the legality of short selling.

You own nothing (apart from a stack of cash sitting in the corner)
You want to bet against something, but you own nothing except the pile of ill gotten gains in the corner. Cash not earned by value creation, rather by value destruction. But, you are greedy and you want more.....

OK, so for a risk value (not the whole value of the asset) You short sell it.

It means that you borrow an asset, stocks, commodities etc for a period of time from the owner (or more likely his agent) and promise to pay the asset back at some date in the future with some kind of financial reward (interest).

The capitalist because he is leveraged pays a very small percentage of the full risk as down payment for the loan of the asset. (i.e. he pays down one percent as downpayment and "owns" the state of California)

The capitalist sells the asset (like George Soros against Sterling), if the capitalist can build enough momentum, he will start a trend which will make his "bet" a fait accompli.

The original investor who owns the stocks or asset might be a long term investor who bought the stock as a long term investment for his retirement. He leaves the certificates at his stockbroker firm for safekeeping and they decide to offer the stocks to the short sellers.

So the investment profile of the original investor has been changed from the careful to the wild and rampant money greedy capitalist.

Should short selling be allowed? NO!!!
If you want to sell something, fucking buy it and put your money where your fucking mouth is.

The capitalists rely on the ignorance of the general public and the financial industry in general to ply their black magic. Do me a favour! Kill a capitalist today!

Wake up - think for yourself!
Wake up - think for yourself!
Wake up - think for yourself!
Wake up - think for yourself!
Wake up - think for yourself!
Wake up - think for yourself!
Wake up - think for yourself!
Wake up - think for yourself!
Wake up - think for yourself!