Friday, 19 January 2018

The prevailing Bitcoin mania will not make me rich?


Image result for bitcoin
                                                                            
                                                                           
I asked a "Friend In The Know" to explain to me the workings of the Bitcoin as I have not got a clue, although everyday one hears more about this new kind of currency.

The following is what he sent me to satisfy my curiosity about this new wonder of the world:

If you want to know about  *BITCOIN*........  

A lot of monkeys lived near a village. 
One day a merchant came to the village to buy these monkeys!

He announced that he will buy the monkeys @ $100 each. 
The villagers thought that this man is mad. 
They thought how can somebody buy stray monkeys at $100 each? 

Still, some people caught some monkeys and gave it to this merchant and he gave $100 for each monkey.
This news spread like wildfire and people caught monkeys and sold them to the merchant. 

After a few days, the merchant announced that he will buy monkeys @ 200 each.  
The lazy villagers also ran around to catch the remaining monkeys! 

They sold the remaining monkeys @ 200 each.
Then the merchant announced that he will buy monkeys @ 500 each! 

The villagers start to lose sleep! ... They caught six or seven monkeys, which was all that was left and got 500 each.

The villagers were waiting anxiously for the next announcement.

Then the merchant announced that he is going home for a week.  And when he returns, he will buy monkeys @ 1000 each!

He asked his employee to take care of the monkeys he bought.  He was alone taking care of all the monkeys in a cage.

The merchant went home.
The villagers were very sad as there were no more monkeys left for them to sell  at $1000 each.

Then the employee told them that he will sell some monkeys @ 700 each secretly. 

This news spread like fire.  Since the merchant buys monkeys @ 1000 each, there is a 300 profit for each monkey.

The next day, villagers made a queue near the monkey cage.

The employee sold all the monkeys at 700 each.  The rich bought monkeys in big lots.  The poor borrowed money from money lenders and also bought monkeys! 

The villagers took care of their monkeys & waited for the merchant to return.

But nobody came! ...  Then they ran to the employee... 
But he had already left too !   

The villagers then realised that they have bought the useless stray monkeys @ 700 each and are unable to sell them! 

Bitcoin will be the next monkey business  
It will make a lot of people bankrupt and a few people filthy rich in this monkey business.   

That's how it will work

Saturday, 6 January 2018

Are commercials for prescription drugs useful?

                                                                            

Image result for advertising prescription drugs cartoon



The other day a friend told me, "I see prescription drug ads as totally wasteful and useless. No matter how good the commercial, you cannot go out and purchase a prescription drug. That is as it should be. So why the advertising?

Good question. obviously the approach works otherwise big buck would not be spent on trying to sell the product.

More than a few people resent the fact that money spent on these commercials at a time when prescription drugs are sold at outrageous prices.

Often people who need them cannot afford them. The money spent on advertising should be spent on keeping the drug prices affordable without mortgaging the house.

A female friend confessed, "“I find many of these commercials to be totally inappropriate at times. My kids and I are watching TV when suddenly we get a commercial for Cialis for erectile dysfunction.  Within thirty minutes another commercial was pushing some cream that enhances orgasm in women. Of course, I had to provide some explanation for the agile inquiring minds of young children."

I think is almost funny when the commercial cheerily tells me,"Ask your Doctor next time you see him about this super-duper drug".

As if the good Doctor have nothing else to do but to research and spread the word about some advertised drug with a more than a handful of warnings about the possible negative aspects of the advertised drug.

Wednesday, 3 January 2018

We want your business but we are foxy and you can not contact us to complain.

                                                                      
Image result for unable to contact sneaky company to complain cartoon


Hard not to find a person who had a complaint about a product or service, but found that almost impossible to contact the manufacturer of the product or the service provider.

Or when they finally do get through with a phone call or email, they just won't respond?  No need to offer a prize for  finding someone who had not experienced this disgusting, poorly concealed game.

Businesses spend big money pulling in customers. Flashy commercials blabbing about product quality and undying customer service.

 Everything is fine and dandy until you actually have a problem with a product or service. -- Then, suddenly you can't find a way to complain to the company.

Some companies are very inventive as they send you from web site to web site to avoid providing you with a clear cut email address where you could send your complaint.

According to some people Google is quite slick in avoiding written complaints.  If so, they should not be smug. True, some large companies monopolize the market, you can not use another service or buy a similar product. 

At this stage real consumer protection should kick in place of wishy-washy. feeble efforts by various so-called consumer protection  organizations tasked to protect the consumer and paid for by the taxpayer.