The Heartbreaking Tale

I’ve got to sound off about this. It’s minorly related to SEM, but it needs to be said. The economy is in a collapse, we all know it. But those of us who work for a living aren’t really feeling it. I just took a job as an in-house SEO. The people I market to are in financial trouble and we provide help. This is not affecting me or the SEO world from what I can tell.

For the top executives at Bear Stearns, they feel it. Their “life savings” are now gone to a measly $28 million. Yes, that’s a far cry from the billions they used to have in stock of the company, but PEOPLE! Their bankers … I mean the REAL workers who have ONE house, maybe ONE car … if that … I doubt are hurting. They are still getting their paycheck.

This is what we get for relying on a system to make us money where we don’t do anything. Investing requires no work, no thought. The gamble was always there. And now these executives are outraged that they have to sell their weekend homes?? I don’t have a HOME! I rent! Their second car??? I am debating about getting a bike because I can’t afford the gas on my car. Given, its a nicer car (my mustang, not an Audi or anything), but still.

I am sorry. I feel no sympathy for these people. When Enron crashed I felt a little bad for the smaller people. But second homes and penthouses mean little to me. Live in one house, drive one car. You live in NYC, you don’t even NEED a car for crying out loud.