There is so much depressive news these days, job losses, more job losses, closures and shut downs, frauds, and bank collapses, bailouts, and jobs taken overseas, seems an endless list. The media, never behind in these issues, brings us the sad news 24 by 7.
How in God's name did all this happen of a sudden; what were those high paid CEOs, always up there in the "air" in their jets, doing? No one has the answers, not even President Obama.
But something rankles, something does not seem right.
Do you watch the Red Carpet on 'E' channel; that sassy flashy coverage of flashy people, film stars, celebrities, more handsome people and lovely ladies; everyone wears fashion by the best names in fashion, no one says these are hired for the occasion, certainly not the very beautiful female stars. Expensive jewelleries and accessories, more expensive stage decors, and probably pricy food bought with very pricy tickets.
Of course Slumdog Millionaire wins most awards, a sign of the times, that poverty is an issue, but the award functions are filled with the rich rich rich!
Now, have you noticed another strange thing? Have you heard of any major hotel chain closing shop?
Have you heard of less attendance at casinos in Las Vegas, or less room occupancy at hotels in Las Vegas? I mean bad enough to shut down some of those great hotels.
Giant auto brands are shutting down for now, but look for those new cars on the roads, do you see only old used cars? ..........the Audis, Mercs, Toyotas, stretch limousines are very much there, and I mean some current models. And no one hears of pricey cars brands -Ferari, Lamborghini, Audi, Merc, Bentley closing down for now!
The jet set are still flying around, some of them in their private jets, people are still paying a fortune for tickets for the pricey open tournament's tennis, golf; pricey clubs are not shutting down!
the America Cup is still going to take off.
It sure is a poor man's recession! The poor poor rich are just suffering it out.
BEFORE YOU ARE SHOWN THE DOOR, (YOU ARE AN EMPLOYEE INVOLVED IN COMPANY/BUSINESS JOB CUTS,) ASK YOU BE SHOWN THE BOOK LOSS AND CASH LOSS;
A BOOK LOSS CAN BE BROUGHT AROUND BY SHOWING HIGH DEPRECIATION AND PROVISIONS THAT AMOUNT TO BOOK ENTRIES ONLY............A BOOK LOSS NEED NOT MEAN THERE IS NO CASH IN THE COMPANY'S BANK ACCOUNTS...........ASK TO SEE THE CASH IN THE TILL AND BANK BALANCES IN ALL THE BANK ACCOUNTS THE COMPANY HOLDS.
