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Finance Adages

FINANCE ADAGES

 

 

By

Edward E. Rochon

 

 

 

Shakespir EDITION

 

 

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PUBLISHED BY:

Edward E. Rochon on Shakespir

 

 

Finance Adages

Copyright © 2016 by Edward E. Rochon

 

 

 

Thank you for downloading this eBook. This book may not be reproduced, copied and distributed for non-commercial purposes, unless prior permission is given by the author.

 

Your support and respect for the property of this author is appreciated.

 

 

 

 

Some Other Works by the Author

 

[Compound Interest: An Essay
Dollar Inflation: An Essay
Dollar Inflation II: An Essay
Green Gold: An Essay
Inflation Court: An Essay
Jobmasters: An Essay
Minimum Wage & Economics: Essays
Monetary Stability: An Essay
Voodoo Economics
__]

 

Reading Material

 

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Table of Contents

Title Page

Preface

Chapter 1: Adages

Chapter 2: Cash Out

About the Author

Preface

These adages have nothing to do with Wall Street, sales or the usual sense of finance. They are background information that can be gleaned by observation of human culture, history and personal experience. It is possible that many experience them but do not put them in to succinct adages. This accomplishes this. Whether it improves the human condition, allows others to more quickly glean the lessons is debatable. I write and must perforce write about something. Writing things down clarifies the mind of the writer. This has a great deal to do with the diary instinct, story telling instinct and teaching instinct. Teach to learn; learn to teach; teach yourself and ask few questions. Pick up what passes your way. People write, teach, opine for money, to vent irritation with culture and politics. If you have nothing on your mind, looking to see what other people think, interested in this and that – maybe finance, you scan the adages.

The adage is followed by commentary to discern why the author placed it in the work. The main point is not to get rich so much as to get by, to make a wealthier society that must perforce ultimately rest upon a wiser society. Back to Table of Content

 

 

Chapter 1: Adages

Adage 1: Proximity to wealth is proximity to paradise. Conversely, we suppose proximity to poverty is proximity to hell.

Adage 2: Proximity to money is proximity to hell. Conversely, separation from money is separation from hell, and the path to paradise.

Commentary: We certainly know that paradise is a place of bounty (wealth). The first adage seems plain enough. A hungry man will not attack you to steal your bread when his stomach is full, his larder full and every reason to think the status quo will remain, unless he is simply perverse. Of course, such perversity has no place in paradise.

But then why is proximity to money proximity to hell? Is not money wealth? Not exactly. Wealth is what money can buy. Without wealth money has no value. You can acquire money without any talent worth the name. Traitors, liars, thieves, saboteurs are not talents of any value to society. They wreck it. But such men can acquire money with a little bit of subtlety, if you can call that a talent. It is a talent of little value to true genius.

Imagine the entrepreneur who builds a business founded on his talent in that trade. He seeks out honest, loyal employees. He rewards them for their contribution. He sits in his office overlooking his factory, overseeing other factories and offices in distant quarters. He is surrounded by wealth that he played a major role in creating. His employees share in his wealth. He is fair, keeps his word, and even kindly as a matter of good will in business and to stave off accusations of the devil and the disapproval of providence. He is surrounded by wealth and his society is the better for it, all of it come by honestly.

He lives in a city with similar men. He goes home to a prosperous neighborhood. Muggers are not to be found. The police do their job. His wealth is largely just that, wealth. Most of his wealth is not in money.

Now we go to Westchester County, NY and Winchester, MA. The wealthy bankers and middlemen money men live in a nice neighborhood. Muggers are not to be found. The official crime rate is low. The actual crime rate is high. These criminals do not steal through mugging. The murders in the community are hidden by natural causes on death certificates. They plunder the wretched poor in far off places. Wall Street is filled with evil. The transvestite prostitutes haunt the early morning hours there. It is depraved. Wherever money is, evil is. New York is a port city and filled with smugglers, corrupt customs officials, corrupt longshoremen led by corrupt unions. Boston is filled with media whores and university tenured prostitutes justifying this corruption. Because people lack all skills and must trade, this does not make dependency and division of labor virtues. Men should strive for self-sufficiency, as should families, communities. But middlemen perverted thieves cannot make money off of this. They create unemployment and claim tariffs or local trade is the problem, when in fact, they are the problem. Their corrupt politicians deliberately encourage unemployment as an excuse for the corruption of international commerce. Their whore academes spew out lies about things they know nothing about. They sow discord; oppress the poorer nations; use unemployment at home to force expatriates and murderers out to plunder foreign lands. They hide behind platitudes of freedom and natural law, when they are criminals whose freedom is crime and natural laws unnatural lies.

We have the phony left wing, right wing sides of the house, socialism and private property quarrels, none of which has to do with the fundamental dishonesty at the heart of this vile world. The nabobs have no honor, no decency and no integrity. This is why things do not work. The meritocracy is a fraud of traitors, test cheaters, saboteurs, thieves and liars. These are their meretricious characteristics. What fool believes such nonsense has more value than loyalty, friendship? What idiot society deprives men of work because they do not merit it? Middlemen, satanic perverts and liars, that is who.

We are afflicted by identity theft. Our money makes it easier for our wealth to be stolen. It plagues us. The liquidity of money makes it easy for our name to be used to commit credit fraud. Smugglers and thieves steal our identity to commit crimes all in the name of money. And money is used for drugs, gambling, sybaritic lifestyles, abominable perversions of every sort. The perverts protect each other from the prying eyes of what little decency exists in society. These are the cabals that plague us with blackmail, extortion, frame ups, bribery and the rest.

This is what money does. But in our society we must have money to eat and to cover sick time and retirement. Money does have some value in promoting prosperity and financial independence. These are not evil things, so we put up with it. But we should shun money as we shun the snake about the fruit bush that we pick to eat. We shun it like the piranhas and crocodiles that infest the river we fish in and cross, and get water from. We must be forever wary whenever dealing with money.

Ultimately, we must seek wisdom over money. It will allow us to get the extra money we need, or get by on the money we have, or even get by without money at all.

That’s the way it is folks. Do not listen to the pervert professors, the swindlers, corrupt politicians.

People never lose their jobs because of tariffs, but because their politicians and business leaders are corrupt. People do lose their jobs because they are thieves and lazy, but so few of them get caught in theft. And lazy people become adept at getting other people to slave for them by accusations of laziness, by stealing what they did not work for, sabotaging the honest competitor and so on. Then they use their money to cheat men of honest wages, divide society into corrupt political factions, all dedicated to cheating the public. So many say that if you cannot beat them, join them. It is the game of life. Do onto others before they do it onto you. But life is not a game. Avoid corruption and the corrupt. And do onto to yourself what honesty demands; and you will certainly not make enemies doing this and will help your fellow honest brokers by default.

In the end we must subdue the wilderness to make wealth for all. Money is the minor part. It is relative wealth, a deception when seen as anything other than what it is. The wilderness includes the wildness of our own emotions, chaotic thoughts and personal life. These are the most important things. No quixotic crusades, please. Vengeance is mine, says the LORD. Put in your two cents to help the cause, but do not delude yourself that you are the indispensable man.

We also note that societies with great disparity in wealth are corrupt. Lesser disparity generally means less corruption. Wealth in close proximity to poverty is polluted by that poverty. Unemployment is chronic. Poverty justifies dishonesty among the poor. Dishonesty among the poor makes the corrupt rich justified in their own eyes.

Adage 3: The law never procures wealth, or protects wealth in the end.

Adage 4: Wisdom procures wealth, protects wealth in the end.

Commentary: The law is corrupted by money. The corruption of money is compounded by poverty. Wealth makes for prosperity, makes for less corruption, less need for the law to prosecute crime. Rich thieves always try to keep the salaries of the judge, police and politician low. They sow resentment among the people to the hurt of the people on this point.

Never envy the rich. Envy those who have food on their table, a secure and warm home. This is not necessarily a requirement of great riches. When I say envy, I do not mean theft or malice, but an honest desire to be like them in situation. If the neighbor has a car you like, it is no crime to want one and get one for yourself, providing you do not steal his, or flatten his tires out of malicious envy. Emulation is not vice; sabotage is vice when done for corrupt purposes.

Adage 5: Progress is bitter that bankrupts the man who worked to make an honest business.

Adage 6: Prosperity from the ruin of others is poison in society ready to sink its poison fangs.

Commentary: Society must be a commonwealth. Full employment is the glory of a nation. See to it that all gain through progress or face backbiting, sabotage of progress, delusion and malice. The man who works honestly only to be ruined by inflation, economic depression, unemployment not of his doing is bitter. Civil strife lurks everywhere. Full employment is the answer. Sloth is not to be tolerated but ameliorated by a fair salary for a healthy day’s work. Hard work is a curse. There is no work ethic, only vice justified by misers, slave traders, slave owners, neurotics, and people using work to escape an unhappy home life or their own psychic corruption.

There is one and only one reason to work, for your health and the health of those under your charge. If hard work is necessary to avoid hunger and disease, it is a misfortune. It is a virtue to do your duty. It is not a virtue to make a virtue out of misfortune. The work ethic is fraud. It is a work vice. Honest, healthy work is virtuous and no other kind of work is. Where men are forced into hard labor, vice is somewhere, their own vice or more often others making them pay for the others vices.

Adage 7: A loyal spouse is the best investment in life and business.

Adage 8: Paradise, not the rod is the best incentive for children to behave.

Commentary: God made Adam and Eve, not Adam and Steve, Eve and Edie. Male and female is the complete man. It is better to remain celibate than to marry a harpy, witch, bitch, brute, drunkard, drug addict, disloyal, violent man. But this is not the best policy unless circumstances dictate this. Sexual relationships make us more intelligent, more skilled in social relationships and better in all the skills in life by default. This assumes a dutiful, loyal spouse. You will get the opposite barring these virtues.

By fixing your children’s attention on the reasons for honesty and wise behavior, the reward is the best incentive. If punishment is used, it should not be used to promote fear, but to show the child that society will punish them for their vices and that is how it will be. A fearful child will continue in vice with cunning more often than not. Also, the rod is usually the resort of fools. Better to spoil the child than to place the rod of discipline into the hands of a fool. He will corrupt the child to greater evil than the spoiled child through bitterness at his mistreatment. Both eventualities are a curse on life. Remember that a well brought up child is a blessing to parents in their old age and a badge of merit to be proud of as well. Good children relieve distress on the job and promote the prosperity of their parents even when still toddlers. It is good to go home to a peaceful house to relax after a day’s work. It makes the next day more likely to be productive.

Adage 9: Corrupt employers in place of corrupt bureaucrats changes nothing, and vice versa.

Adage 10: Affordable housing that does not exist, available housing that you cannot afford or is hardly worth having, quality medical care that you cannot afford, free medical care not worth having, quack doctors in either case, a dentist or surgeon that rips your teeth and guts out for money, an underpaid dentist or doctor attracted to the squalor of his profession by sadism who rips your teeth and guts out: what is the difference? Socialism/Capitalism? What a joke! Please, let us have honesty and integrity you scoundrels.

Commentary: These two adages are largely self-explanatory. Focus on the goal: generation of wealth, and less on the means. An honest man does an honest job for employer or state. An honest prince will not tolerate corruption, nor an honest employer. Both are fair if honest.

Adage 11: Usury corrupts; investment advances virtue.

Adage 12: Do not regulate; do not deregulate; prosecute corruption.

Commentary: Depriving banks of investment options is a joke when done to prevent depression and corruption. It is usury that impoverishes. Thieves should be prosecuted. Regulation manipulated by thieves; deregulation overseen by thieves will achieve nothing. Whatever regulations are necessary, no more no less, and prosecute felonies.

Adage 13: No rewards for failure; do reward success.

Adage 14: The fox does not make a good guard for the chicken coop.

Commentary: Corporations have no rights. They are creatures of the state. Golden parachutes for failure should be outlawed. If the board of directors think an executive can pull a company out of trouble, pay him up front for any risk of failure, or do not pay him at all if too much is demanded. No rewards for failure, please. Some free enterprise encouragement!

Chairmen and presidents and board members are not allowed to nominate or have placed in nomination other board members unless they have controlling majority interest in the company. Will they try to cheat? Most likely. Why make it easier for them? Perhaps stockholders will investigate and the chairmen and/or CEO tossed in jail with hefty financial penalties. Why make it easy for them?

Adage 15: Hire friends and friends of friends who meet the minimum qualifications for the job before unknown applicants of dubious background. The more who work, the more you make. The good you do for society increases proportionately. Production is only as good as its weakest link, but numbers make up for slowness of production through division of labor and multiple production lines. You do not leave people unemployed just because they are not the best, and loyalty and gratitude trump so called merit and self-conceit everytime.

Adage 16: Hire the first applicant through the door who meets the minimum qualifications for the job. He may stay or leave, do his job or not. Overqualification, underqualification is crap. Fill the position and keep production rolling. How often has a long search been made, only to hire a man that walks off the job the next week, or turns out to be a knave! Meanwhile, loyal employees are forced to do another man’s job to detriment of themselves and company.

Commentary: References from people you do not know personally are worthless. Why shouldn’t you suppose friends lie or exaggerate? Who knows why employers give good references: blackmail, fear of lawsuits, guilt at firing? Why do we have references? So Human Resources incompetents can cover their asses, that is why. Go back to Personnel, please. People are not bales of cotton, ingots or other resources other than in the minds of filth, deviated preverts, perverts, devil worshipping magots. And tell those job milking scum to hire the first man through the door that meets the minimum requirements for the job. Hire quick; fire quick if needed, and hire quickly again. Human Resources, what a pile of shit!

Charity begins at home and outward. Friends hire friends first. It is their duty, and common sense and wisdom support the decision.

Adage 17: It is not a work ethic that makes a man productive, but avoidance of every vice: drugs, drunkeness, pornography, boob tube addiction, whoring, gluttony, movie addiction, and the like. Such a man crawls out of his skin without activity. How true it is that the hardest work is doing nothing in a do nothing job. It is true, that is, if you do not drown your inactivity in booze and the like. Vice is the mother of sloth.

Adage 18: If hired for no particular reason by strangers other than that you are qualified for the job, the first thing you should ask yourself is: What’s wrong with this job? It is quite likely there is something amiss.

Commentary: You do not need a paycheck to keep active. There is always something you can do to improve your situation. The only true home a man has is his own body. The only true career a man has is himself. All other occupations are for pocket money, necessary as we live in a money economy. When you are your own career, you will never sacrifice family and friends for your job. That is virtually impossible. If your wife and friends betray you, of course, she has voided the marriage and your friends were likely never true friends to begin with.

I warn you, when companies hire people unknown to management or their rank and file, something is fishy. Their employees will sabotage you, or management is hiding something about the job. Get hired easily at the convenience store? Do not be surprised when a pistol whipping robber points a gun in your face, and maybe pistol whips you for not having enough money in the till, or for your race, fashion sense or any other excuse. And if you do get hired through an acquaintance, make sure the acquaintance is honorable, or you may very well regret the job reference. Get hired by the Army recruiter fairly easily just out of highschool? Why? Check the military cemeteries throughout the world on the Internet. Note the wretched cripples in VA hospitals, stories about jungle rot, frostbitten toes, shell shock, and other not so nice consequences of life in the military. What’s wrong with this job? At least you know what is wrong with that job. It is not always so easy in civilian life. Back to Table of Content

 

 

Chapter 2: Cash Out

Do we like to hear ourselves opine, pontificate? Seems so. Is everything we say bragging, weakness or strength, misery or happiness, modesty or pride at achievements? Yes, it must be so. It is only fear of consequences that keeps our mouths shut. So speak your mind, then duck and dodge; find the hermit’s cave. Wait for forgetfulness to calm the air, failing that indifference will do.

Money is always controversial. Paying the bills is a goal of first order. Keeping costs down reduces payments. What is it all about? Staying hail and strong. What are we blabbing about and why? We must vent our pent up anger and hope we change things to our advantage. In the end being king is a drag. If only we were Superman and could give the world the finger. We could help the poor as much out of pity from time to time. What about kryptonite? Oh yeah, that is the color of money in America. Truth, justice and the American way? Wealth generation but not by money. That green stuff is toxic. Superman is the ultimate assimilationist Jewish fantasy, sloughing off that shyster lawyer, moneylender, great impersonator, son of perdition curse. Well, Superman does impersonate Clark Kent, and there is that New York newspaper, media job. I say out the bastard if he exists. Spare me the homo crap jokes, please. Back to Table of Content

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Other Works by the Author

[(*]Available online[)*]

Collected Poems I
Collected Poems II
Elements of Physics: Matter
Elements of Physics: Space
Elements of Physics: Time
Unified Field Theory: An Essay
Space as Infinity II
Golden Age Essays
Golden Age Essays II
Golden Age Essays III
Golden Age Essays IV
Golden Age Essays V

 

About the Author

My current biography and contact links are posted at Shakespir.com/profile/view/EdRochon. My writings include essays, poetry and dramatic work. Though I write poetry, my main interest is essays about the panoply of human experience and knowledge. This includes philosophy, science and the liberal arts. Comments, reviews and critiques of my work are welcome. Thank you for reading my book.

Back to Title Page


Finance Adages

A preface states the purpose of the essay. The essay is general and not a specific how to make money treatise, rather how to get around money problems. Chapter 1 consists of 14 adages: Proximity to wealth is proximity to paradise. Conversely, we suppose proximity to poverty is proximity to hell. Proximity to money is proximity to hell. Conversely, separation from money is separation from hell, and the path to paradise. The law never procures wealth, or protects wealth in the end. Wisdom procures wealth, protects wealth in the end. Progress is bitter that bankrupts the man who worked to make an honest business. Prosperity from the ruin of others is poison in society ready to sink its poison fangs. A loyal spouse is the best investment in life and business. Paradise, not the rod is the best incentive for children to behave. Corrupt employers in place of corrupt bureaucrats changes nothing, and vice versa. Affordable housing that does not exist, available housing that you cannot afford or is hardly worth having, quality medical care that you cannot afford, free medical care not worth having, quack doctors in either case, a dentist or surgeon that rips your teeth and guts out for money, an underpaid dentist or doctor attracted to the squalor of his profession by sadism who rips your teeth and guts out: what is the difference? Socialism/Capitalism? What a joke! Please, let us have honesty and integrity you scoundrels. Usury corrupts; investment advances virtue. Do not regulate; do not deregulate; prosecute corruption. No rewards for failure; do reward success. The fox does not make a good guard for the chicken coop. Hire friends and friends of friends who meet the minimum qualifications for the job before unknown applicants of dubious background. The more who work, the more you make. The good you do for society increases proportionately. Production is only as good as its weakest link, but numbers make up for slowness of production through division of labor and multiple production lines. You do not leave people unemployed just because they are not the best, and loyalty and gratitude trump so called merit and self-conceit every time. Hire the first applicant through the door who meets the minimum qualifications for the job. He may stay or leave, do his job or not. Over qualification, under qualification is crap. Fill the position and keep production rolling. How often has a long search been made, only to hire a man that walks off the job the next week, or turns out to be a knave! Meanwhile, loyal employees are forced to do another man's job to detriment of themselves and company. It is not a work ethic that makes a man productive, but avoidance of every vice: drugs, drunkenness, pornography, boob tube addiction, whoring, gluttony, movie addiction, and the like. Such a man crawls out of his skin without activity. How true it is that the hardest work is doing nothing in a do nothing job. It is true, that is, if you do not drown your inactivity in booze and the like. Vice is the mother of sloth. If hired for no particular reason by strangers other than that you are qualified for the job, the first thing you should ask yourself is: What's wrong with this job? It is quite likely there is something amiss. Chapter 2 ends with a few comments on being king and Superman. Superman is better, if you are wise in the ways of the world.

  • Author: Edward E. Rochon
  • Published: 2016-05-10 01:05:07
  • Words: 3686
Finance Adages Finance Adages