Monday, September 20, 2010

Professional hatred (part 4)

Accounting / bankers / stockbrokers
If you have anything to do with finance, I hate you. I just think you are the parasite sucking on the life blood of the earth and draining the world of any vitality it once had. Your primary aim in life is to make more money. You just don't want to make money to buy a house or a car, or to fund your parents' retirement or your children's future. Basically you are driven by greed and no other motive, which I think is dangerous. In my mind, you will do anything and screw over anybody just to squeeze out that net profit, even if it means selling your own grandmother.

Not only that, you make finance incredibly difficult to understand. Once a upon a time, what you did with money is either spend it or save it. Now you have to invest the money you earned into a whole variety of schemes - shares, bonds, options, real estate, etc. Where did the habit go of just paying for material goods, like bananas, shoes and screwdrivers?

As it turned out, those bankers didn't really know what they were doing. Lending money who couldn't possibly pay it back? Please, I don't have an economics degree and I could have told you that was a bad idea. Worst of all, once the governments bailed out the banks, those in the banking system did sod all. Bankers didn't apologize for what they did and did nothing to help out the economy either. They still got paid the absurdly humongous wages they have and even had the cheek to have bonuses as well.

Society should revert back to a system where people should be rewarded for their usefulness. People like farmers who provide food, nurses who provide health care and police officers who provide protection. These jobs are vital and we would miss them. Kill a million bankers and you would bat an eyelid.

At this point I should point out I'm a socialist. Even though I am paid quite well as a doctor, I accept that I will be taxed quite heavily to contribute to society. Actually when I saw my tax bill for the upcoming year, I frightened my dogs when I shouted out the amount. I accept that taxes are necessary to pay for many things, and actually it pays for my salary. However I don't like people who avoid paying tax. That is where my hatred for accountants come in. Most of them I believe (which I know is not true but please satisfy my ego by continuing this line of thought) try to help their clients avoid paying tax. If you don't contribute to society, you should get anything out of society.

This is where I don't like my uncle. According to my father, he doesn't pay tax in Hong Kong since his business is in China. I don't know if he pays tax in China but I'm suspecting he really doesn't. And he still lives in Hong Kong, sending his son to school here and using the health care system. Even though he's a resident here, I still believe that is wrong.

I know he is my uncle but that doesn't make him immune to my vitriol. The same applies to my brother and a number of friends who work in the finance sector. I love my brother very much but I hate his job as an employee of UBS, another bank who had a bailout. I am jealous of his wages and his benefits. I have the capabilities to become a banker. Yet I don't have the soul for the job or rather I do have a soul which I am unwilling to sell to the devil.

Gordon Gekko once said, "Greed is good." If that is the case, why is greed one of the seven deadly sins.

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