Saturday, 11 December 2010

Factor in some talent.

 I have had quite a bit to do with music and musiscians over the years. I have seen some astonishingly talented bands and seen how many "great" bands are bubble and hype.


Great musiscians are people who spend years learning, years practising, years working dreary unlistening gigs.  They graft their way up.  Now we have instant heroes on X factor, scooped from stacking shelves at Tesco to being great talent based largely on their ability to impress Simon Cowell.

It's an odd parallel to the banking system which is now based on instant fix betting approaches.

Not sound judgement on long term viability and profits over longer term.

The X factor will not deliver original "Purple Rain" or "Purple Haze" just more choreographed purple pyjamas.

The capitalist banking system will not deliver for the long term whilst it is locked into short term speculation to please it's immediate gratification backers.

The bonus gets paid this year, the bust happens tomorrow and by then we will be gone to the next set of emperors clothes.

Even more than the Condems this is the enemy.

R







1 comment:

gz said...

Thanks to "grit in the gears" I've just read this.....where people ignore talent
http://www.washingtonpost.com/wp-dyn/content/article/2007/04/04/AR2007040401721.html