reading some of the threads on here and seems like its becoming a common thing to hate on the CEOs and the rich people
i read this few weeks ago and thought this might be an interest pov coming from CEO himself. its a real letter and the company is real
going to quote it...
To All My Valued Employees,
There have been some rumblings around the office about the future of this company, and more specifically, your job. As you know, the economy has changed for the worse and presents many challenges. However, the good news is this: The economy doesn't pose a threat to your job.
What does threaten your job however, is the changing political landscape in this country. Of course, as your employer, I am forbidden to tell you whom to vote for -- it is against the law to discriminate based on political affiliation, Race, creed, religion, etc.
Please vote who you think will serve your Interests the best. However, let me tell you some little tidbits of fact which might help you decide what is in your best interest. First, while it is easy to spew rhetoric that casts employers against employees, you have to understand that for every business owner there is a back story.
This back story is often neglected and overshadowed by what you see and hear. Sure, you see me park my Mercedes outside. You've seen my big home at last years Christmas party. I'm sure all these flashy icons of luxury conjure up some idealized thoughts about my life. However, what you don't see is the back story.
I started this company 12 years ago. At that time, I lived in a 300 square foot studio apartment for 3 years. My entire living space was converted into an office so I could put forth 100% effort into building a company, which by the way, would eventually employ you.
My diet consisted of Ramen Pride noodles because every dollar I spent went back into this company. I drove a rusty Toyota Corolla with a defective transmission. I didn't have time to date. Often times, I stayed home on weekends, while my friends went out drinking and partying. In fact, I was married to my business -- hard work, discipline, and sacrifice.
Meanwhile, my friends got jobs. They worked 40 hours a week and made a modest $50K a year and spent every dime they earned. They drove flashy cars and lived in expensive homes and wore fancy designer clothes. Instead of hitting the Nordstrom's for the latest hot fashion item, I was trolling through the Goodwill store extracting any clothing item that didn't look like it was birthed in the 70's.
My friends refinanced their mortgages and lived a life of luxury. I, however, did not. I put my time, my money, and my life into a business with a vision that eventually, some day, I too, will be able to afford these luxuries my friends supposedly had.
So, while you physically arrive at the office at 9am, mentally check in at about noon, and then leave at 5pm, I don't. There is no "off" button For me. When you leave the office, you are done and you have a weekend all to yourself. I unfortunately do not have the freedom. I eat, ****, and breathe this company every minute of the day. There is no rest. There is no weekend. There is no happy hour. Every day this business is attached to me like a 1 day old baby.
You, of course, only see the fruits of that garden -- the nice house, the Mercedes, the vacations... You never realize the back story and the sacrifices I've made. Now, the economy is falling apart and I, the guy that made all the right decisions and saved his money, have to bail-out all the people who didn't.
The people that overspent their paychecks suddenly feel entitled to the same luxuries that I earned and sacrificed a decade of my life for. Yes, business ownership has is benefits but the price I've paid is steep and not without wounds. Unfortunately, the cost of running this business, and employing you, is starting to eclipse the threshold of marginal benefit and let me tell you why:
I am being taxed to death and the government thinks I don't pay enough. I have state taxes. Federal taxes. Property taxes. Sales and use taxes. Payroll taxes. Workers compensation taxes. Unemployment taxes. Taxes on taxes. I have to hire a tax man to manage all these taxes and then guess what? I have to pay taxes for employing him. Government mandates and regulations and all the accounting that goes with it, now occupy most of my time. On Oct 15th, I wrote a check to the US Treasury for $288,000 for quarterly taxes. You know what my "stimulus" check was? Zero. Nada. Zilch.
The question I have is this: Who is stimulating the economy? Me, the guy who has provided 14 people good paying jobs and serves over 2,200,000 people per year with a flourishing business? Or, the single mother sitting at home pregnant with her fourth child waiting for her next welfare check?
Obviously, government feels the latter is the economic stimulus of this country. The fact is, if I deducted (Read: Stole) 50% of your paycheck you'd quit and you wouldn't work here. I mean, why should you? That's nuts. Who wants to get rewarded only 50% of their hard work? Well, I agree which is why your job is in jeopardy. Here is what many of you don't understand; to stimulate the economy you need to stimulate what runs the economy. Had suddenly government mandated to me that I didn't need to pay taxes, guess what? Instead of depositing that $288,000 into the Washington black-hole, I would have spent it, hired more employees, and generated substantial economic growth. My employees would have enjoyed the wealth of that tax cut in the form of promotions and better salaries. But you can forget it now.
When you have a comatose man on the verge of death, you don't defibrillate and shock his thumb thinking that will bring him back to life, do you? Or, do you defibrillate his heart? Business is at the heart of America and always has been. To restart it, you must stimulate it, not kill it. Suddenly, the power brokers in Washington believe the mud of America are the essential drivers of the American economic engine.
Nothing could be further from the truth and this is the type of change you can keep. So where am I going with all this? It's quite simple. If any new taxes are levied on me, or my company, my reaction will be swift and simple. I fire you. I fire your co-workers. You can then plead with the government to pay for your mortgage, your SUV, and your child's future. Frankly, it isn't my problem any more. Then, I will close this company down, move to another country, and retire.
You see, I'm done. I'm done with a country that penalizes the productive and gives to the unproductive. My motivation to work and to provide jobs will be destroyed, and with it, will be my citizenship.
While tax cuts to 95% of America sounds great on paper, don't forget the backstory: If there is no job, there is no income to tax. A tax cut on zero dollars is zero. So, when you make decision to vote, ask yourself, who understands the economics of business ownership and who doesn't? Whose policies will endanger your job? Answer those questions and you should know who might be the one capable of saving your job. While the media wants to tell you "It's the economy Stupid" I'm telling you it isn't.
If you lose your job, it won't be at the hands of the economy; it will be at the hands of a political hurricane that swept through this country, steamrolled the Constitution, and will have changed its landscape forever. If that happens, you can find me in South Caribbean sitting on a beach, retired, and with no employees to worry about.
Signed, Your boss,
Michael A. Crowley,
PE Crowley, Crisp & Associates, Inc.
Professional Engineers 1
906 South Main Street, Suite 122
Wake Forest, NC 27587
year almost over and im takin some time off, i has played over 1 mirrion hands dis year woot. im a hardcore grinder but im gonna move into managing my own money and hopefully i can get some nice returns. i already has over 200% return dis year on my 8800$ profolio by shorting everything that moves up. got like $67000 in ultrashort S&P 500 so its like every 1% it moves down i make 1% of 134,000$!!! perfect place to park my $ imo. just awaiting the inevitable market crash.
obv poker has been great and my charts speakst for itself
it says 150k but obv after playin over 1 mirrion hands i has like $32k in pokerstars/fulltilt rakeback and bonuses. i dont spill any fpps and only use them for cash bonus. im prolly gettin a big lcd tv from full tilt store. i havent spend any of that shit. that plus random freeroll tournament winnings and i has T$1500 somehow in my acct. so im guessin i made over 185k$ from poker this year. i made like $18000 luckboxin the stock market that is like 203,000$ this year in taxable income. obv i goin to try to cut taxes and not report it how the tax books want ppl to report it.
omg its a standard uptrend
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my new year resolutions is to get in shape cuz im too fat. also got a sidebet with a buddy on that. i hasnt workout at all but i just ordered some exercise band home gym training from amazon so i'll see how that goes.
i dont know what to write on my blog. maybe i will has somethin when i fund my account with 250k+ and margins. woot. i think its still the best way to park ur money in. im still learning and tryin to fine tune my trend following trading strategy. i dont think my trading plans are that bad like tenbagger thinks. there are dumber ppl who just randomly throws their $ on retarded funds. I read some posts on 2+2 BFI section and some dude parked like 600k+ on some random fund right near the market top. all that fund did was buy different indexes and callin it diversified. rofl wtf.
good luck all and i wish i can win a sunday mil.
so to summarize:
1. i cant find much time to play poker anymore
2. i think i has an edge in the market
3. currently has a huge SDS position, i needs the market to crash to make good $
4. im becomin fatter and fatter
5. i hope i can find some interestin stuff to put on my blog but i dont
6. obv my blog iz mostly brag posts
7. my car is fixed, fuckin loose battery wires
8. i like pies over cakes
9. 30 inch monitors fuckin own
10. this brings me to my january goals, finishin games i dl'd but never really has chance to play. this will include GTA4, Fable, King's Bounty remake, fallout 3, and obv going to have many dotathons. those are ones in my head now. so far i been playin gta4 a lot that game is srsly awesome
I has a 2000 nissan maxima and this morning i was going to school it stopped working
the engine make a small noise when i first turned the key and then it died, making like no noise at all. I tried couple other times but it makes no sound at all. Then i took the bus to school and im posting from school now.
i pressed the emergency triangle light button and nothing came on, i suspect dead batteries but im not 100% sure. My car has computer controls and I thought i would be alerted with a low battery light before it goes out or anything...
anyone know the problem or any ez fixes or i should call a tow truck and take it to a mechanic...
i was registerin for classes today and pretty much all the classes suck and so do all the professors suck. i am accounting major and somehow all the accounting classes has been filled or have weird schedules or shitty teachers, mostly all full. not to mention next semester there's not even that much courses compared to few semesters ago. that sealed the fate for my school career in the intermidiate term.
i dont know whats happening. seems like less professors are teaching next semester or something. and people might be switchin from biz major to accountin because courses usually dont fill this fast for advanced level courses. (shitty economic condition and future for biz majors)
i'm pretty hooked into the stock market now so i guess i'll have plenty of time to focus on that now. and not to mention a ton of pokerrrrrrrrrr.
so far im really excited on the free time i will be getting.
any comments appreciated.
im only 20 y/o, im planning to accumulate more $ before moving out. so far im really happy now. convinced my parents that school sucks and i either take many semesters off or i dropping out.
brag: on track for a 200k$ year and i barely even spend much at all. but im prepared to pay my taxes
brag#2: 3.6 gpa
beat: played over 900k+ hand this year, prolly will get it up to 1 mil hands after i finish finals, but Joeingram1 made it look like nothing.
my account was all in cash durin the post election plunge till today. i also used all my margins (standard 2x cash balance) today to fish for a bottom and it worked. stocks are ez. now we have a triple bottom pattern and im holdin this shit overnight with good confidence. prolly exiting tommorow cuz i got school monday for entire day
best thing i like about stock market is that i can play dota at the same time. unlike poker
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