Greed

[beano46]

I must say that material goods mean nothing to me, last year I bought myself a new Motor for 3 grand, had to bung a lot of overtime in to pay for that but it's a Necessity not a Luxury as I use to get to work aswell as getting my farther to and from appointements.

I do not own an Iphone, Ipad, X Box, PS3 or Plasma TV, I have a fairly old Nokia Phone (it makes calls and I can send Textes), I go and watch City in my spare time) and my trusty little portable is more than suffice for what little TV I do watch.

what about your computer/laptop your using to post on here? ;)

Needed for part of my work mate as have to check things from home somtimes, but as I'm doing now I post a lot from work once I have got my shit done

 

[zangatangring]

I've held this view for a very long time now and recent events have conspired to reinforce my belief.

We have nobody to blame but ourselves for the situation we find ourselves in. Our society demands greed be a part of our make up. The Ad men, successive governments, our willingness to be led towards the notion that material gain determines our worth, All of these things together have made the perfect storm for a disaster waiting to happen and were seeing it manifest itself.

The catastrophy of the recession that has blighted us all has been brought about by what we have allowed ourselves to be fed daily and for a very long time by an ever increasingly greedy brand of consumerism which has instilled in people that its their God given right to own what is promised to them on billboards and T.V.s 24/7 and all around the world without so much as an hour breaking sweat to deserve it.

People are looting plasma T.V's and designer goods from shops because thats what they have been promised. Its been instilled into their psyche that they deserve the same as the man who strives and works hard to provide such things. Consumerism makes no distinction between who works for their posessions and who doesnt. It holds it up like a shiny penny to a kid and who wouldnt take it?

Change the notion that we can all live on the never never and also the notion that material goods are the measure of success (and that those goods are attainable without any effort) and you will go a hell of a long way to rectifying a lot of societies ills.

You really have the wrong conviction here. Greed is an immutable aspect of the Human mind. People strive to survive as well as live. War exists because peace exists, love exists because Hate exists and greed exists because empathy exists.

Entropy governs the physical as well as the social aspects of the world. You socialists who make a meagre attempt at convincing yourself you understand why the world is so corrupt are falling into a trap. The world exists because it is the world.

 

[Dax777]

Hmmm, still doesn't make it a recession and unemployment is falling.

Just admit, you used the word without knowing what it meant. We are not in a recession and haven't been for 20 months.

I didnt say the UK was in a recession...you assumed I did. What we are seeing though is the ramifications of a global recession that has affected us all. I maintain it has been brought about by greed. The USA has lost its triple A credit rating for the first time. That bears huge significance to all of us. China are now holding their hand out expecting to be paid and the consequences of that will be felt far and wide.

Look fella, this is now my area of expertise and you don't know what you are talking about. The US has lost it's AAA with 1 of the 3 credit ratings agencies. This was not due to their inability to pay and everything to do with petty squabbling in the senate. In fact since the downgrade, yields on US bonds has fallen (a default risk would see them increase) as investors have ploughed into US gilts due to market volatility.

Do not try and bluff your way around a very complex issue that you are not qualified to lecture on. If you would a very good 7 page Market commentary on the current situation, pm me your email address and I shall send you the one my company produced on Monday that looks into the sort of things you are talking about. I've already done so for a few of the posters on here that needed some advice during volatile times.

As for me thinking you were talking about the UK, you mentioned the UK housing and employment markets so it is only reasonable that I should think you we're talking about the UK especially when I said we werent in recession and you said "tell that to the..." The fact you changed the goal posts when you looked into it and saw we are NOT in a recession is not my fault.

SWP send some info my way :)

 

[bluetoo]

I've held this view for a very long time now and recent events have conspired to reinforce my belief.

We have nobody to blame but ourselves for the situation we find ourselves in. Our society demands greed be a part of our make up. The Ad men, successive governments, our willingness to be led towards the notion that material gain determines our worth, All of these things together have made the perfect storm for a disaster waiting to happen and were seeing it manifest itself.

The catastrophy of the recession that has blighted us all has been brought about by what we have allowed ourselves to be fed daily and for a very long time by an ever increasingly greedy brand of consumerism which has instilled in people that its their God given right to own what is promised to them on billboards and T.V.s 24/7 and all around the world without so much as an hour breaking sweat to deserve it.

People are looting plasma T.V's and designer goods from shops because thats what they have been promised. Its been instilled into their psyche that they deserve the same as the man who strives and works hard to provide such things. Consumerism makes no distinction between who works for their posessions and who doesnt. It holds it up like a shiny penny to a kid and who wouldnt take it?

Change the notion that we can all live on the never never and also the notion that material goods are the measure of success (and that those goods are attainable without any effort) and you will go a hell of a long way to rectifying a lot of societies ills.

You really have the wrong conviction here. Greed is an immutable aspect of the Human mind. People strive to survive as well as live. War exists because peace exists, love exists because Hate exists and greed exists because empathy exists.

Entropy governs the physical as well as the social aspects of the world. You socialists who make a meagre attempt at convincing yourself you understand why the world is so corrupt are falling into a trap. The world exists because it is the world.

yeah... err...bollocks

 

[SWP's back]

fwiw the consensus is that companies are hugely undervalued with great room for growth over the medium to long term.

I'd respectfully disagree with this but then if we all agreed we wouldn't have a market!!!

-- Fri Aug 12, 2011 5:44 pm --

A guessers game, with some guesser, as with any sort of gambling, being more informed and knowledgeable than others.

Hush now, that bit is a secret!!!

Based on? Certainly not P/E ratio which shows the Market massively underpriced.

Plus I'm sure you know more than Warren Buffet of all people. Look him up.

 

[stonerblue]

Fullt agree wit the op regarding greed and the way in which we are manipulated into parting with our hard earned dough for shite we don't need.

Have a watch of this (C4 last night). Very revealing.

http://www.starsuckersmovie.com/trailer/

 

[Lucky13]

Fullt agree wit the op regarding greed and the way in which we are manipulated into parting with our hard earned dough for shite we don't need.

Have a watch of this (C4 last night). Very revealing.

http://www.starsuckersmovie.com/trailer/

What have you bought that you didn't want/need?

 

[stonerblue]

Fullt agree wit the op regarding greed and the way in which we are manipulated into parting with our hard earned dough for shite we don't need.

Have a watch of this (C4 last night). Very revealing.

http://www.starsuckersmovie.com/trailer/

What have you bought that you didn't want/need?

I try not to buy useless things but do have a penchant for trendy togs (despite what my daughter says) instead of wearing crimplene keks with elasticated waist and an old sack. I'm a bit of a sucker for a designer label.
The last thing i bought that i didn't want or need was public liability insurance. Oh, and a fathers day card.

 

[Lucky13]

Fullt agree wit the op regarding greed and the way in which we are manipulated into parting with our hard earned dough for shite we don't need.

Have a watch of this (C4 last night). Very revealing.

http://www.starsuckersmovie.com/trailer/

What have you bought that you didn't want/need?

I try not to buy useless things but do have a penchant for trendy togs (despite what my daughter says) instead of wearing crimplene keks with elasticated waist and an old sack. I'm a bit of a sucker for a designer label.
The last thing i bought that i didn't want or need was public liability insurance. Oh, and a fathers day card.

Point i'm making is that the i don't subscribe to the we are manipulted into buying , greed is a part of human nature it isn't manufactured.

 

[gordondaviesmoustache]

I've held this view for a very long time now and recent events have conspired to reinforce my belief.

We have nobody to blame but ourselves for the situation we find ourselves in. Our society demands greed be a part of our make up. The Ad men, successive governments, our willingness to be led towards the notion that material gain determines our worth, All of these things together have made the perfect storm for a disaster waiting to happen and were seeing it manifest itself.

The catastrophy of the recession that has blighted us all has been brought about by what we have allowed ourselves to be fed daily and for a very long time by an ever increasingly greedy brand of consumerism which has instilled in people that its their God given right to own what is promised to them on billboards and T.V.s 24/7 and all around the world without so much as an hour breaking sweat to deserve it.

People are looting plasma T.V's and designer goods from shops because thats what they have been promised. Its been instilled into their psyche that they deserve the same as the man who strives and works hard to provide such things. Consumerism makes no distinction between who works for their posessions and who doesnt. It holds it up like a shiny penny to a kid and who wouldnt take it?

Change the notion that we can all live on the never never and also the notion that material goods are the measure of success (and that those goods are attainable without any effort) and you will go a hell of a long way to rectifying a lot of societies ills.

You really have the wrong conviction here. Greed is an immutable aspect of the Human mind. People strive to survive as well as live. War exists because peace exists, love exists because Hate exists and greed exists because empathy exists.

Entropy governs the physical as well as the social aspects of the world. You socialists who make a meagre attempt at convincing yourself you understand why the world is so corrupt are falling into a trap. The world exists because it is the world.

yeah... err...bollocks

Actually it's not bollocks. How can you argue that humans aren't inherently greedy.

If humans weren't hard wired as such we would still be living in caves.

It is that quest for more (and more money) that has been the driving force for most of the things that make our life easier to live today.

How do you think 99% of people's lives were lived 200 years ago? In long, back breaking work, grinding poverty (real poverty - hunger, rags for clothes) and death before you were 50.

It is capitalism and human greed that has created things such as central heating, advances in medicine and the medium which we are talking on right now.

The real question is how we can best harness that for the greater good. And I would agree that we are currently failing in that regard.

But to try and argue that humans aren't, by nature, greedy is naive in the extreme.