Why am I not jumping up and down with joy when I read that Multi-zillionaire, Eric Schmidt, Google’s Chief Executive douchenozzle reported a 27% increase in profit in the third quarter, signaling what he referred to as the beginning of a recovery in the search-advertising market. He was also emphatic when stating that the worst of the economic downturn is over.
This on the same day that America’s biggest bank reports huge losses (no doubt requiring more of my tax dollars, cos it’s too bloody big to fail… Mmmm, as they happen to hold the mortgage on my house, I wonder if they’d help me out in the same way… Fat chance!) Also, GE reported quarterly financials that beat analysts expectations, even though profits fell 42% and revenue was down 20%… Which makes you wonder about these so called analysts.
Anyway, the point of this rant, isn’t necessarily political (Well, just a bit.) It’s that we have arrived at a situation where major corporations are underpinned their profitability by massive cost cutting and restructuring… Or in plain English, laying thousands of workers off. Ergo… No work… No money… No buying stuff… No advertising.
I don’t care how many times multi-billionaire CEO’s of advertising and marketing mega-companies tell us we have turned the corner with the light at the end of the tunnel showing us the green shoots… It’s bulls*h*i*t.
In the meantime, as my mortgage is too big to fail, please send donations to the George Parker Benevolent Fund. Ta very much!
Hi George,
One of your links delivered this cracking little gem:
www.tribbleagency.com
Kevin,
Funny, Google views it as a highly important site as well.
www.google.com/search
@Kevin...
Roger's site is well worth checking every day... Right after you've checked mine!
Cheers/George
George Parker
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Member since: 03 Jun 2008
Last login: 17 Nov 2009
Total Posts: 831
