Tag Archives: salary

Oh How I Wish Janet Yellen Was On A Testosterone Boosting Regime.

.Anura Guruge December 2014 thumbnail


by Anura Guruge

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Don’t get me wrong, I like Janet Yellen and was totally supportive of her replacing Dear Ben as the Federal Reserve Chairperson. What is there not to like about her?

BUT after yesterday’s momentous decision by the Fed’s NOT to raise the Fed Interest Rate I just wish she had more testosterone in her system. What we saw yesterday is the, rightly, much vaunted trait of females not to be as aggressive, confrontational and ‘in your face’. BUT in this case that is really what we needed. We needed Janet to be a Margaret Thatcher or my Aunty Bandaranaike — strong female leaders that were willing to make hard decisions.

We need to get this interest rate fiasco out of the way!

To be honest it bothers me NOWT! As somebody with an incurable addiction to option trading I LOVE the market volatility. Large market swings make me smile all day — not that I am not smiling most of the time anyway. I just feel bad for those that just ride the market and watch helpless when their IRA goes down. I just heard on CNBC this morning, bamboo stake up his derrière, “I tell God what to think every morning”, Ken ‘pompous’ Langone, bemoan how the ‘zero’ interest rates are crippling retirees on a ‘fixed income’. I had to laugh. Typical of bloody Langone. Clueless. I am retired BUT I wish my income was ‘fixed’. SMILE. Never understood that expression. “Fixed Income”. If you are salaried aren’t you also on a ‘fixed income’? Well, what can I say?

This interest rate ‘fear’ is such a joke. 0.25% or even 1% Fed interest rates are NOT going to kill anyone. They will, as CNBC correctly points out, NORMALIZE matters — and the markets — and GET one unnecessary Ken Langone like gorilla ‘out of the room’.

So PLEASE Janet go get some shots. Lets raise this damn rate SOON — definitely before Christmas. PLEASE let us NOT go into 2016 with this hanging over the market.

I just do NOT know whether I could tolerate that much FUN!

Janet, I am sure your Health Insurance will cover the costs of the shots. If NOT I will, on behalf of the entire World, gladly pay for them.

Pope John Paul II (#265) And His Rolex Wrist Watch.

Anura Guruge, June 8, 2013.

Anura Guruge

Related posts:
>> Popes and celibacy — Nov. 11, 2013.
>> Pope to create female cardinals
>>Nov. 4, 2013.
>> Alton, Consistory Central …
>>Oct. 26, 2012.

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On Wednesday I saw a number of hits ending up here from folks ‘Googling’ “pope expensive watch”.

I knew EXACTLY what they were looking for — Polish Pope John Paul II (#265) wearing his two-tone, fairly CHEAP Rolex. I felt bad. I, of course, have posts about ‘watches‘ and about ‘popes‘ BUT had never done one on John Paul II and his Rolex. This post is to rectify that.

There is a claim that John Paul II was the first pope to wear a watch. I am skeptical. I have not seen this confirmed.

That John Paul II wore a two-tone, Datejust is only slightly incongruous. That two-tone, Datejust, and I know it well (as a semi-, FROM A DISTANCE, expert in Rolexes), is a ‘neither-here-nor-there’ watch. You can get one for about $3,000. So it is neither cheap nor expensive. A middle of the road watch. I doubt whether the one he sported in public had diamonds on the face. That is slightly more ostentatious.

As I have written about the current Pope, Francis, the Pope is NOT a poor man. Whereas the British Queen is said to be the richest woman on Earth, the pope, by a similar measure of the wealth over which he resides, has to be the richest man in the world. Yes, yes, yes … it is not liquid etc. etc. But, the Vatican by any measure is a multi-billion dollar a year enterprise with probably close to $100 Billion in assets.

Popes do not get a salary but they have access to funds. Plus, they get personal donations, sometimes in the form of $1,000 bills stuffed into a large white envelope, from individuals, cardinals, bishops, religious organizations and charities. The pope is supposed to do what he thinks best with such donations.

The Rolex was probably a GIFT — quite possibly from Rolex itself. Lets face it, it is one heck of a publicity stunt — the pope flashing his Rolex while he chats with a U.S. actor. Of course the Pope has a special relationship with (mainly Catholic) Switzerland. For a start there is the Swiss Guard. So it is very likely that this watch was a gift. I would not be surprised IF he had multiple expensive watches — much better than this cheap, unreliable Rolex.

Don’t forget that this was a pope who had an Olympic size swimming pool installed at the Vatican. If I remember right one of his many, many very rich (it could have been American) admirers, paid for it.

Click to ENLARGE. From 'Wikipedia'. Bang in "John Paul II's health" to get to it.

Click to ENLARGE. From ‘Wikipedia’. Bang in “John Paul II’s health” to get to it.

Enough said. This is really a non-issue. A pope has enough money to wear a $600,000 watch if he wants to. Wearing a cheap $3,000 is irrelevant.

Then there is this picture of the current Dalai Lama supposedly with a Rolex.

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Click to ENLARGE.

Again doesn’t mean much. It could very well have been given to him — and he needs a watch. Not a big deal.

I am, however, NOT convinced that that is a REAL Rolex! The rectangular face looks strange.

Yes, it looks like a two-tone Datejust bracelet BUT they make cheap rip-offs of that in Asia for a few cents.

To me this looks like a cheap Asian watch. I could, as ever, be wrong.