Scenario: You come to America from Russia in 1980 to escape the evils of communism with nothing but a suitcase of clothes and $5. You use your talent for mathematics to study accountancy and start up a humble investment bank in which to ply your services to local businesses in the Queens, Harlem and Brooklyn areas. Thanks to the economic policies of Ronald Reagan and your own hard work your business expands significantly. It is now 2007, New York is no longer a crime ridden stankhole and many of the people living in Queens, Harlem and Brooklyn are a lot richer thanks to your contribution to businesses in the area. However your business of 100 employees only employs 18-50 year old muscular hetereosexual highly educated protestant 100% white males. You need a new employee and only 2 candidates show up.
Candidate 1 is a 23 year old muscular hetereosexual highly educated protestant 100% white male who attended harvard business school and has a doctorate in economics.
Candidate 2 is some black guy off the streets who dropped out of high school and is on parole for "riding dirty".
The new employee is vital to your business, you could lose millions and local business in the Queens, Harlem and Brooklyn areas would suffer significantly from the reduction in economic efficiency if you make a bad decision causing a lot of people in these areas to become a lot poorer and unhappy.
Candidate 2. Seems theres a shortage in the company of the skillset some black guy of the streets could provide, while closetgay muscular men from some worthless school seems abundandt.
Name:
Anonymous2007-07-31 11:09 ID:cAWJ93TA
>>2
Racist. You just want to people living in the Queens, Harlem and Brooklyn to not be able to make a living due to poor capital allocation.
#1, you lost me at "nothing but a suitcase of clothes and $5" and "humble investment bank". Does not computer. Starting a bank takes significant capital ... so that means if he started at $5 in 1980, he was only committing crimes to scrape up all the money to start the bank. OR, he had to obtain capital from others, which means they had controlling interest, and so we're back to scumbag Capitalists who care for nothing but profits.
Sorry, but the story failed it from the beginning. The truth is that nearly every bank is filled with lawbreaking wankers who use their wealth to not only strongarm others, but to also avoid prosecution (even investigation) for their illegal activities. America is now a land that loves white-collar crime. You're just another one of the dupes who lets that farce continue.
Eat a flaming dick.
P.S. Here's another scenario. Your bank is yet again on the federal shitlist for redlining. You need a representative to meet with leading Black and Hispanic leaders to explain why you redlined, why you signed the Memorandum of Understanding for how you'll not do it again, and what your new $50M commercial loan initiative in Queens, Harlem and Brooklyn is going to do for the poor Blacks and Hispanics in those areas. You have Mr. Whitebread and Mr. Blackface as candidates for that new position at the bank -- so whom do you choose?
>>4
Anyone with a high level of skill in mathematics and good competence can work his way up to to complete the general securities representative exam or other entry level to become a stock broker. Once he has done this he can offer his services as a investment consultant to businesses, giving advice and negotiate deals between them and banks, securities firms or other investment companies. Most small businesses lack these skills and cannot obtain investment as easily as the big franchises can and as a local specialist his customers would be able to curtail much of the bureaucracy the banks, securities and equity giants demand. As the complexity of the arrangements increase he would need to employ more people, the business would also be making a profit which could be used to make his own investments, bonds and loans. At this point he is no longer an independant consultant but the CEO of an investment bank, be it humble in size.
If he redlines then he must be racist and not be able to make as much profit as his competitors. If the black and hispanic leaders respond better to a black person than a white person then they are racist aswell. The whole situation would not be commercial.
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Anonymous2007-08-02 11:07 ID:RqzxeYl4
>>4
Also my uncle in law came to America from Vietnam with nothing but a suitcase of clothes and $5. He is a retired heart surgeon.
A lifetime of work should result in a comfortable retirement. But it remains inescapable that an investment BANK is capitalized and such a level of capital is beyond 99.9999% of penniless immigrants. Almost always, professionals get together, pool some of their own capital to form a bank of some sort, and then A LOT MORE CAPITAL is attracted from the usual Hypercapitalist (i.e. fucking SCUMBAG) sources like Old Money and other banks.
Your uncle-in-law probably went to school for a long time, including his internship or residency or whatever the fuck it's called, and he basically worked and probably saved. Did he start a hospital? THAT would be more in line with what the OP's silly point was. But even if he DID start a hospital, he would have STILL sought out construction loans, so we're back to the heart of the matter: sources of big chunks of capital. And these capital sources are particularly vicious and they are all pretty much the same.
We should pay strict attention to WHERE the capital comes from, and WHAT the capital wants. "Where" is frequently a WASP or Jew source, and "what" is complete control of people. These things should be greatly mistrusted and examined closely in public forums therefore.
As much as I hate to admit it, I'm a little bitch to capitalism. I am a sucker for franchises, everywhere I go there is a $tarbux and mcdonald$, I cannot do any housework (I'm a bitch remember) without electric appliances all of which exist due to entrepeneurs who personified the capitalist spirit during the 50s, I even where a retro apron (just an apron) for my black boyfriend who sells crack cubes using money, a capitalist's tool.
Name:
Anonymous2007-08-04 16:00 ID:4XjU0eLq
>>8 Caught you again pulling unscientific numbers from your ass.
Name:
Anonymous2007-08-04 16:22 ID:YIJTivUM
>>11
Don't worry. This guy is 3 standard deviations from batshit fucking loco, well within the top 1%. He's not the group you should be concerned about.
Name:
Anonymous2007-08-04 16:42 ID:MF/DmmaX
Always hire the most muscular candidate for a job. That's how I built my banking empire starting as a penniless Russian immigrant 27 years ago, and that's how we're going to keep moving in the future.