Proof that Jamie Dimon is a whore with a twisted worldview of value

A LETTER FROM JP MORGAN CEO TO GOLD DIGGERS

Both that gal and the JPM CEO need to get their heads out of their respective arses. So much about what is wrong with this country is displayed in her superficially stupid question and his equally vapidly stupid reply. 

In a sense, these two idiots are made for each other, they are just negotiating the price.

Posted originally by a friend on Facebook, the original article is from March 2012. Another reason I love Facebook, you can have dozens of eyeballs finding articles of interest that you are not able to stumble upon, Oops that's another useful app. 

from laluttecontinue:

http://laluttecontinue.tumblr.com/post/20069287160/a-letter-from-jp-morgan-ceo-to-gold-diggers

This might be the best thing I’ve seen in a while:

A reply from CEO of J.P. Morgan to a pretty girl seeking a rich husband

A young and pretty lady posted this on a popular forum:

Title: What should I do to marry a rich guy?

I’m going to be honest of what I’m going to say here.
I’m 25 this year. I’m very pretty, have style and good taste. I wish to marry a guy with $500k annual salary or above.
You might say that I’m greedy, but an annual salary of $1M is considered only as middle class in New York.
My requirement is not high. Is there anyone in this forum who has an income of $500k annual salary? Are you all married?
I wanted to ask: what should I do to marry rich persons like you?
Among those I’ve dated, the richest is $250k annual income, and it seems that this is my upper limit.
If someone is going to move into high cost residential area on the west of New York City Garden(?), $250k annual income is not enough.
I’m here humbly to ask a few questions:

1) Where do most rich bachelors hang out? (Please list down the names and addresses of bars, restaurant, gym)
2) Which age group should I target?
3) Why most wives of the riches are only average-looking? I’ve met a few girls who don’t have looks and are not interesting, but they are able to marry rich guys.
4) How do you decide who can be your wife, and who can only be your girlfriend? (my target now is to get married)
Ms. Pretty

A philosophical reply from CEO of J.P. Morgan:

Dear Ms. Pretty,
I have read your post with great interest. Guess there are lots of girls out there who have similar questions like yours. Please allow me to analyse your situation as a professional investor.
My annual income is more than $500k, which meets your requirement, so I hope everyone believes that I’m not wasting time here.
From the standpoint of a business person, it is a bad decision to marry you. The answer is very simple, so let me explain.
Put the details aside, what you’re trying to do is an exchange of “beauty" and “money" : Person A provides beauty, and Person B pays for it, fair and square.
However, there’s a deadly problem here, your beauty will fade, but my money will not be gone without any good reason. The fact is, my income might increase from year to year, but you can’t be prettier year after year.
Hence from the viewpoint of economics, I am an appreciation asset, and you are a depreciation asset. It’s not just normal depreciation, but exponential depreciation. If that is your only asset, your value will be much worse 10 years later.
By the terms we use in Wall Street, every trading has a position, dating with you is also a “trading position".
If the trade value dropped we will sell it and it is not a good idea to keep it for long term - same goes with the marriage that you wanted. It might be cruel to say this, but in order to make a wiser decision any assets with great depreciation value will be sold or “leased".
Anyone with over $500k annual income is not a fool; we would only date you, but will not marry you. I would advice that you forget looking for any clues to marry a rich guy. And by the way, you could make yourself to become a rich person with $500k annual income.This has better chance than finding a rich fool.

Hope this reply helps.

signed,
J.P. Morgan CEO

 28 Mar 2012 / 2,339 notes

Who is John T. Reed? And why is he throwing stones on Facebook?

So, I'm just wandering along Facebook, minding my own business when one of my "friends" posts the following thread (below).

Needless to say, we're not "friends" any more. Locked and blocked. The beauty of Facebook. Relationships are easy come easy go, I guess. 

Friends answer honest questions honestly. They aren't afraid of those who appear to disagree with them. They don't scrub comments they don't agree with, unless perhaps they contain extreme or offensive language.  

You can make your own judgements, but I was actually with my "friend" philosophically until the "Not my fault. I voted for Gary Johnson" line.

That one was up for a challenge. 

Facebook can be very eye-opening sometimes. This thread (conversation) was fascinating to watch develop in real time, almost like watching a train wreck.

I was thinking, "I really can't believe this guy is doing this".

It was fascinating. I would get a "Like" message to my comment and as they were deleted from his page -- and it is his page -- they would be deleted. I tried to screen shot as much as I could, but this thread goes down as one of the most well-scrubbed threads I've ever seen. 

Some of the responses may appear out of order, because dude was literally scrubbing out comments with opinions contrary to his as soon as they hit for about 20 minutes.

He's done similar work on his page in a "debate" where he tried to crush Colin Powell. Seems like that would be easy enough work recently, but I guess not.

I explained this "control the narrative" thing to my son once regarding how sports talk radio or any genre of talk radio (political, financial) works. It seems like some have taken the model to little old Facebook.

No surprise really. But now you know. And really, as we've seen with the whole Manti Te'o thing, this demonstrates how phony and hollow Facebook can be. 

Know your friends. Now you know how some of them can be and can better judge the value of the friendships. 

John T. Reed

26 minutes ago  · 

• I heard that Beyonce did a great job with the Star Spangled Banner. Then I listened. "I'll be damned" as I thought as he went along. She has a great voice and she's not adding syllables to the words. Then she did the usual adding of syllables and heretofore unknown musical notes to make it unique and about her, not the nation. Bunch of bullshit. At least it matched Obama's speech where he said we have to address entitlements and quickly added but we cannot break our promises to each other. Like our promise not to cut Warren Buffett's Medicare or Social Security. The promises "we made to each other" actually refers to the promises Democrat politicians made to spend your money and your credit and that of your children and grandchildren to buy votes from those who hate you." 

  
  Obama said the equivalent of, we must never forget that up is up, nor must we ever say that up is not down. The U.S. government is rapidly going bankrupt and the message today was that it's not going bankrupt fast enough. We need to have more Solyndra's, more regulations, more taxes, more money for teachers and public safety unions, more food stamps, more unemployment insurance, more "disability," etc. Not my fault. I voted for Gary Johnson.

  Like ·  · Share

6 people like this.

• 

  Charles Slavik How does the math work on the won't do the lesser of two evils, but willing to accept the greater of two evils? I'm still trying to reconcile that. Show the work. Not sure that Johnson even won the vote amongst Libertarians. Not quite on the level of Pilate washing his hands, but still....

  12 minutes ago · Like
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  Egidio Oliveira I didn't bother to listen. Sailboat ready to leave harbor check. Passport check. Overseas acct check getting closer.

  10 minutes ago via mobile · Like
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  Mark S. Hankins It's one of those Zen things. Unless we are willing to throw our votes away, our votes will be forever thrown away...

  7 minutes ago via mobile · Like

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    Sam Grover Oh my lord, Reed, you probably should've sat on that set of tangents for a couple hours before you posted it

    Like ·  ·  · Share
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  Michael Beifeld John what happens if the govt re-sets the currency? Do they then give an allotment to everyone on the country? For example, lets say we get what Zimbabwe had and the currency is eliminated. What happens everyone starts at zero again?

  2 minutes ago via mobile · Like
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  John T. Reed Here is how the math works. I voted for Perot in 1992. He pushed a balanced budget. He got 19% of the vote. We got a balanced budget for three years because Clinton was scared of that 19%. Here's some more math. Obama wins CA where I live by about two-to-one so voting Republican here since the 1980s is a waste of time. The nation is about to go bankrupt—because the vast majority are content to settle for voting for the lesser of two evils rather than their conscience or common sense or sound policies. Any other stupid questions?

  2 minutes ago · Like
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  Michael Beifeld I wasn't asking sarcastically I was being serious.

  a few seconds ago via mobile · Like
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    Jim Clayton I couldn't watch it. It nothing but a bunch of lies and pats on backs of people who could give a rats ass about anyone let alone us. Entitlements? Who the he'll is entitled to anything other than what you work for? This country is heading straight t...See More

    about a minute ago · Like
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    Charles Slavik Does scrubbing leave you with dish pan hands or just the illusion of honest debate?

    a few seconds ago · Like
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He "un-friended" me before I could ask more questions. 

Or maybe I "un-friended" him first. Hard to say. 

Here is my initial thought on John's cool, reasoned response to my question:

HOW ABOUT THESE QUESTIONS JOHN T. REED? PLEASE FEEL FREE TO ADDRESS THE ONES YOU FEEL ARE STUPID FIRST, THEN YOU CAN WORK YOUR WAY UP TO THE INTELLIGENT ONES, IF YOU HAVE THE ENERGY? 

CLEARLY, WE ARE IN GREAT NEED OF YOUR SUPERIOR INTELLECT. 

You never addressed my "dish pan hands" question. Maybe it was a stupid question.

How about what happened to my 3-4 "Likes"?  They seem to have been "scrubbed".

What happened to the folks you scrubbed (like Sam Grover)?
Are they OK?
Are they still your friends?

Is controlling the narrative more important than integrity in either a business or personal setting?

Please feel free to respond. I really couldn't keep up with your scrubbing of comments and likes, hence the "dish pan hands" question.

Should people in glass houses really be throwing stones?

John T. Reed's analysis of Robert T. Kiyosaki's book

Rich Dad, Poor Dad

http://www.johntreed.com/Kiyosaki.html

Facebook is kind of fun, and I don't hate anybody per se, but......"Oh what a tangled web we weave...", right? 

Anyway, as John well knows -- being a real estate guru and all --the second three most important words after Location, Location, Location are Comparable, Comparable, Comparable. 

To compare voting for for Ross (19%) Perot in 1992 with voting for Gary (1%) Johnson in 2012 in terms of impact is, too say the least, a stretch of epic proportions.  

Voting for Perot didn't keep Clinton in check, the House Republicans did. Justify all you like. Your vote aided and abetted Obama winning re-election and now you want to rail about it? He's been laughing all the way to the inauguration from Election Day that the Republican Party could possibly be that fractured and self-defeating. 

At least under the Democratic big tent, they pulled together enough, in spite of some of their considerable differences, to pull out a victory. A victory that -- on Election night at least -- seemed to come with a big sigh of relief to Obama's supporters, as well as himself. I don't think even he imagined the R's would be that stupid. Apparently, they are. 

So congratulate him on his victory. And to those of you who want to claim the so-called moral high-ground of "Don't blame me, I voted for Johnson" you're wasting your time. You know what they say about you and the horse you rode in on.

You've doomed your little 1% faction to a generation of voters who will view you as spoil-sports and never take you seriously on the national stage. They already view you (us?) as crack-pots. Throw prima-donna into the mix now. 

Libertarians will be seen as the Randy Moss of the electorate -- unreliable and only willing to run hard if the ball is being thrown to them. I wish Rand Paul a lot of luck leaning into that. 

Libertarians are the divas of politics, which is what you began your post railing about. Well, that and Beyonce. Again, people who live in glass houses...Are there no mirrors in your house?.....YADA YADA YADA.

Big problem under the Republican tent and has been for some time, this lack of team chemistry or team players. If they're not playing, most basically shut it down -- which would be bad enough -- many try to help the other team win. 

Read Colin Powell, whom you've also railed about. Problem is most see the Gary Johnson crowd doing much the same thing. 

If people sense that people ON the team don't believe in the team, why should ANY independent voters believe? That is what tipped the scales of the election IMO. But what do I know? 

If you can't take the "heat" of a simple question to explain your position without going right to name calling 1) stay out of the kitchen of political debate 2) you really don't have a well-thought out position.

I don't know what they teach regarding tactics at West Point but they might want to lean a little heavier on integrity in the future.

The tactics demonstrated here are more suited for the Politburo and the Red Army. For that, shame on you.

I thought the old pitching coach battles back in the day were fierce, a least there seemed to be more civil debate.

These guys who fancy themselves as real estate, investment or political gurus play an entirely different ball-game.

So now you know.