Another blissful day to all samsters!!
In the last one yr, on the fascinating field of cheonging n BY-ing, I hv read many books, learned many strategies, received tips n pointers n personal coaching from many esteemed bros/gurus/mentors, here in SIN n in Gotham City. Additionally, I hv had some hands-on experiences. I won some n lost some, hehehe. I hv also been bruised a little. But like they say, what doesn’t kill you, makes you stronger, hahaha.
However, all those strategies n experiences would be for naught if I can’t control my heart n my ego when I meet a gal n get KC-ed by her.
After spending 3 1/2 wks w/ KK, I do hv some KC for her.
This has not happened since my checkered RS w/ my first BAO-ee XW. I’m still in firm control n can walk away now w/ very little pain. But she will be back next wk…
After much introspection, it’s her apparent “innocence” n her jovial n playful personality that has made her so attractive at my subconscious level. She is also the youngest n the least mercenary PRC gal I hv BY-ed. I paid her wkly n she never asked for payment even when it was overdue. She said, never mind, this is a long-term RS n I trust u. I know she could be very dangerous to my emotional health…before she left, she said she was falling for me !!?? I did give her a small ang pao in RMB for the CNY. BTW, I’m more or less 3X her age.
I like to continue the RS if I could reduce my KC for her to a minimal level or, even better, to zero. To that end, I hv started zen meditation, hehehe.
The goal is to achieve peace of mind n complete emotional detachment - accepting all the warmth n joy but rising above all the negative emotions n letting them flow through u w/o affecting u, hahaha.
I hv found the program on Self Mastery n Zen by Dick Stuphen to be simple n effective.
Your comments n advice r always welcome!
Ths for reading n hv a good day!
Bro WB
Quote:
Originally Posted by
samsomhengheng
Bro
Similar experience for me! This singer is from DC?
Quote:
Originally Posted by
Smeagol
No lah not from DC….10,20K cannot play in DC…..way way beyond my budget
Ho bros,
Worth stressing here:
“Lesson learnt……. be overly nice to WL equates recipe for heartache, financial loss, ego bruised etc etc”
The same applies to all gals/women, not just WLs.
Cheers!!
Bro WB
Quote:
Originally Posted by
owen10
bro WB, i’ve been following this thread for quite awhile. It’s always interesting, sometimes encouraging to hear yr sexcapades with d classy KTV gals. Sometimes, really filled with envy (not jealousy!) tt u get to bonk gals (like d above) who is so much younger than u. (i can onli imagine u muz be in yr 50s while she’s abt 18 or so?…..
i believe to reach yr high std, besides havin d gift of gab, presentable looks, very importantly u must have a big warchest of ammunition to spare. For me i dun even dare to dream of it now as im not financially well-off……Maybe will consider 10 yrs later when i gain more financial freedom.
Hi bro owen10,
Ths for ur flattering words. The prerequiste to ST or BY these PRC gals is sufficient money. Then n only then other factors come into play.
Yes, I’m a lao chi ko pek n KK was 18 when I met her last month. She thought I was younger…she is 19 now.
I’m financially secure as I hv had a long lucky streak…
Not to worry, I’m sure u will be independently wealthy in 10 yrs.
Cheers!!
Bro WB
………………………………………….. ………………………………………….. ……
More musings on the subject of attraction, money n BY-ing.
Most modern men still suffer from an intractable disease called “the nice guy syndrome.”
But a “nice guy” is as attractive to a desirable female as a sexless eunuch at her subconscious level, in the primitive “lizard” brain, even if she happens to be a die-hard feminist at her conscious level which is in the high brain. Wat does her “lizard” brain crave? A very confident, dominant, masculine, adventurous n unflappable man who can ravish n fxk her brains out!!
So become a gentlemanly “bad boy” n a “hard to get man,” so to speak, hehehe.
Be dominant n aggressive and go after what u want. This
really turns those chio gals on, which is very primal, primitive n instinctual, due to neuro-chemical changes in their “lizard brains.”
They can’t help themselves.
My new attitude n approach have made a big difference during my current visit n my hit rate has been 100%. Even the cooked duck CD flew back, hehehe.
If a gal is very attractive to me n I like her assets n personality, I now waste no time before popping the question of ST or BY, sometimes within the first hr of meeting. All the gals appear to be delighted n flattered by my direct n aggressive approach.
A few bros often advise me to go slow w/ a gal I like n let the chips fall naturally after 3-4 meetings. Big mistake! What happened was that the gal could sense I was a needy nice guy n she would invariably play hard to get!
It took me 8 months to bed my first BAO-ee XW, but only 5 days for KK, n she was the one who initiated ctc w/ me after our first meeting. I told her I had to think abt it (I was playing hard to get). I actually delayed upping her for a few days bcos I had another mistress at the time.
As for the 20 yo tall singer I met in an obscure joint a wk ago, she has accepted my offer of ST, but the damage is not settled yet. She much prefers to be BY-ed, but I told her I wont hv time to make it worthwhile as I would be leaving for Gotham soon.
BTW, I hv practiced meditation n NLP for only 1 day n my KC for KK has been greatly reduced n it will be zero when she returns next wk…I could even make it very negative so that I would avoid her like a leper, hahaha.
Ths for reading n hv a great day!
Bro WB
Quote:
Originally Posted by
aczeta76
True enuff on the NLP thing. Though it is not juz a matter of visualising and putting your heart to doing it, but it works
Hi bro aczeta76,
I hv used a combination of meditation n NLP. IMHO, meditation is more powerful.
When ur brain waves r in Alpha or Theta state as in meditation, ur subconscious mind r very susceptible to suggestions n reprogramming.
Cheers!
Bro WB
………………………………………….. ………………………………………….. ……
I hv mentioned that being a “hard to get man” actually gets more women, n the most desirable women.
What is a hard to get man?
Let me quote the exact words of a guru ( Sorry, he is quite wordy n repetitive. He could be a lot more succinct…):
<<<The Hard to Get Man Follows the Charismatic Model.
The Charismatic Model combines four essential qualities. The Hard to Get Man knows how to express all of these qualities with women.
One part of the Charismatic Model is the ability to be kind, warm, and caring about people and the world.
A second part of the model is the ability to be sensual and romantic. This part involves talking about romantic things, seeing romantic details, and relating on a sensual and sexual level with women.
The third part of the Charismatic Model is the ability to be playful, silly, and fun.
The fourth component is the ability to walk away from women, to be tough, to not take any shit, and to be courageous.
As you can see, if you only have one of these qualities you can easily fail with women, but when all of them are operating at once you are unstoppable.
What the Hard to Get Man does:
The Hard to Get Man is willing to walk away from a woman if she is rude to him. He doesn’t sell out or give his balls away to women. He has high self-regard and only gives when he wants to give.
The Hard to Get Man is an excellent communicator. He is able to tell the truth about what he thinks, feels, experiences, etc. We will cover how to communicate like a Hard to Get Man later in this book.
The Hard to Get Man is not ashamed of his sexual desires. He is able to flirt romantically. He is able to have fun effortlessly talking to women about sexual and sensual things.
The Hard to Get Man does not placate women. He has high self-respect and doesn’t do things he doesn’t want to do. He doesn’t sell out around women or feel as though he has to lie to or manipulate women.
Being Hard to Get is about being selective, having criteria, maintaining high standards, taking risks, and getting a lot of women.
A Hard to Get Man works the fundamentals of dating and seduction. He understands that successfully seducing women is like any other long-term project. He understands that, at first, he will have to put a lot of energy into it, and settle for small results until he gets better at it. He knows that at the beginning of learning any new skill there is a lot of work, and that the returns at first are small. He understands that returns get larger only as his skill level increases, which will only happen with practice.
The Hard to Get Man understands the fundamentals of seduction, and he practices the fundamentals on a daily basis. He knows that only by mastering the fundamentals can he become a more effortless and effective seducer.
The Hard to Get Model
The Hard to Get Model is a way of life. It’s a combination of behaviors, attitudes, skills, and ideas that combine to create an attractive man. When you combine these qualities with the Charismatic Model, you have a man who lives life on his terms and is irresistible to women.
This is what the “bad boy” does that makes him so irresistable to women. And it’s what you’ll do, once you know how to be a Hard to Get man.
Passion and Intensity
Passion is power. The Hard to Get Man is passionate about life. He has energy and passion about things other than women in his life. Being passionate is demonstrated in having energy and showing passion in conversations.
The BNB (stands for a Boring Nervous Bonehead or a needy nice guy) is predictable and flat, boring, and lame. Intensity is about being focused, having strong opinions, and being unashamed of your passions. A leader. Someone who is up to stuff and you want to be up to stuff with them. Someone with their own style.
Drama
Women love drama, and in case you haven’t noticed, they create drama in all aspects of their lives. Drama means having things unfold like they do in a movie—an emotional tale with dramatic ups and downs and a variety of experiences and emotions through conversations, stories, or events.
Mystery, Complexity, and Depth
Predictability is boring. Women crave men who can create interesting conversations, which make them work hard to find meaning and answers.
Women crave men who are complex and deep. They want a man who can talk about a variety of subjects in depth and demonstrate originality and uniqueness in his personality. In our live seminars, we spend days exploring ways to demonstrate an interesting personality based on the stories you tell and the things you talk about.
A mysterious person doesn’t tell everything up-front, and they have more to them than meets the eye. They are not exactly secretive, but they are hard to understand, pigeonhole, or entirely figure out.
Chaotic, Unpredictable, Flexible Behavior
The Hard to Get Man is unpredictable in the things he talks about, the way he behaves, and the way he expresses himself. As a result the Hard to Get Man is flexible in his approach with women and is able to deal with the inherent chaos involved in relating to women.
You really cannot predict how a conversation with a woman will go. The BNB wants everything to be nice, orderly, safe, and predictable. The Hard to Get Man, however, knows that interacting with women is chaotic, messy, and sometimes crazy. The only thing predictable about interacting with women is that it’s never the same way twice.
You might, for example, be having a great conversation with a woman about vacation spots or her favorite restaurants, and then she begins to cry thinking about a former boyfriend or a pet who recently died. The BNB freaks out and thinks her expression of strong emotions is bad and ruining his seduction. The Hard to Get Man goes with it. He pushes into the sadness, he is able to relate to strong emotions, and he shares strong emotions with the woman. In our Advanced Course we walk you through, step-by-step, how to speak emotionally and relate emotionally to women. For now, you just need to be aware of adding more unpredictability to your behavior, and doing the steps we’ll outline in this book.
Again, the Hard to Get Man has trained himself to deal with chaos and to be comfortable with chaos. He acts in unpredictable ways and is comfortable with the ways women act impulsively. He is able to do unpredictable things such as jumping up in the middle of a conversation and tickling a woman, or talking about metaphysical topics in the middle of a conversation about sports.
Fun and Exciting
If you are serious about succeeding with women you better be fun to be around. Think this through rationally, bro. Do you honestly think anyone wants to be around a depressing guy who never smiles or who scowls anytime anyone tells a joke? Do you think chicks want to be around a low-energy guy who is boring, humorless, and seems angry and/or closed? No pickup lines or fancy patterns will help you if you’re not fun to be around. There is no way you are going to find, meet, or keep a woman in your life if you are not fun and exciting to be around.
We’re not saying you need to act like a clown or a comedian either. If you are not naturally funny, don’t start now. There is nothing worse than someone telling stupid jokes, and then making it worse by fucking up the delivery. But if you are naturally funny and are just shy, stop holding back. Let it out.
Being fun means being relaxed, easy to be around, enjoying hanging out with women, appreciating humorous stories, being open about your life and your experiences.
What else does it mean to be fun? It means being playful. It means being silly. It means enjoying the time with a woman and being enjoyable to be around.
A Hard to Get Man Does Not Avoid Conflict and Has an Edge
Most guys avoid conflict with women like the plague. Anytime a conversation gets heated a BNB does everything he can to avoid a disagreement or a conflict. He will apologize, change the subject, or get incredibly scared.
The Hard to Get Man doesn’t avoid conflict. He pushes women to find their “hot” buttons. He knows that conflict is seductive. Yes, read it again: conflict can be seductive to women. Conflict is bonding. Conflict presents a challenge for a woman. Conflict shows you have self-respect and do not take shit. And conflict invokes emotional passion from women, which often evolves into sexual energy. Think about how hot sex can be after a couple makes up after a fight. Later in this book we will teach you specific tools that will teach you techniques for creating conflicts with women.
By “edge,” we mean that the Hard to Get Man talks about unusual topics and pushes the envelope with women. He stretches the limits in a conversation by bringing up challenging topics. By “edge,” we refer to talking about things that might upset a woman or put her off.
Any comments n criticisms?
Ths for reading n hv a great day!!
Bro WB
Quote:
Originally Posted by
AHSPERM
Bro
You should call youself Old Bird instead of Warbird.
Thumb up !!
Hi bro,
No no no, I’ll keep my nick. Although I’m a lao chi ko pek in chronological age, I feel like 21 n, lately at least, I hv been fxking like one, hehehe.
Quote:
Originally Posted by
SammyHulk
How abt self affirmation? Meaning self talk/ auto suggestions?
Hi bro,
There r many ways to skin a cat, ughhh, just like there r many ways to fxk a pussy…
Yes, self affirmations n auto-suggestions r powerful too, if repeated often enough. If u do it while u r alert, in the Beta state, it will take much longer. But u could do it very often, at anytime, anywhere, many times every hr, every day.
Additionally, u could hasten the reprogramming by inducing an Alpha state by relaxing n taking a few slow, deep breaths w/ ur diaphragm, then listen to recorded positive affirmations daily, u could achieve wonders after a shorter time.
Cheers!
Bro WB
………………………………………….. ………………………………………….. …….
Supreme confidence n being high on the Dominant Male Scale r the most important determinant in getting the desirable gals.
The second most important determinant? Behaving like a hard to get man, always, even if she happens to be ur dream gal. If u get enamored by her beauty n charm n u try to please her by becoming a needy nice guy, she will leave u or “eat outside” even if she is married to u.
In my first ever visit to a KTV in early Sep 2008, I met my first BAO-ee XW who was 20 yo at the time, just arrived a month ago. I was stunned by her youthful good looks n figure. I had not fxked a gal like that in decades…n predictably I praised her beauty n put her on a pedestal n sucked up to her…but predictably she totally rejected me. To make a long story short, it took me 8 1/2 months to taste her pussy…I was behaving like an easy to get man aka beta man aka needy nice guy.
Whereas it took me only 5 days to taste KK’s pussy. I could hv upped her 2hrs after meeting her. BTW, KK is younger n prettier n hv much larger boobs than XW. The difference? I was behaving like a hard to get man. And KK was the one who “chased” me n asked me abt my decision on BY-ing her!
let me digress a bit.
After my wk-long test drive w/ CD, I stopped all ctc w/ her. She knew I was dissatisfied n 2 days later, she wrote on her QQ: Unhappy today!! A day later: 什么都不是!! Not sure what she meant, but perhaps she was referring to me that I was not a BF, nor a patron, nor a benefactor…
The other day, she sent me a text in English, as always: Happy New year! How are you? I took a few hrs to answer: Happy new yr! I’m doing fine, and u? She replied quickly: I’m so so. Will we meet? After another couple of hrs, I wrote some BS that I wasn’t sure bcos I would be very busy, had to go to M’sia, then HK, then back to Gotham, etc., hehehe.
Yesterday, she wrote on her QQ: Fxk off, orange!! She was angry w/ an orange? I hope I wasn’t the orange!
I never burn my bridges w/ my former BAO-ees. You never know, they may intro their chio frens or younger sisters to me, hahaha. As for CD, I may want to book her just to listen to her singing of both English n Chinese songs, when I return. KK is an even better singer IMHO, but she only sings in Chinese.
Cheers!!
Bro WB
Quote:
Originally Posted by
besafe
Hi Bro WB,
Hmmm. so U are dissatisfied with CD.
What is it that you are dissatisfied with? Her passion in bed? or just that you are thinking of someone else?
This Chinese New Year week has been quite an experience for me, especially having a sweet 20 year old clinging to you 24 hours. I am very happy and contend to be with her. Guess what…. we make love every morning and every night for the last 7 days ( that we get to be together)
Wish you all the very best and have a good rest when you get back to Gotham City !
Hi bro besafe,
I’m dissatisfied w/ CD for a no of reasons which r confidential. The other day, I told her to go back to work, hehehe.
I hv looked at her whole body carefully. She has a light tan throughout n I wonder if she has some Middle Eastern ancestry, despite the fact that she is purported to be a pure Han Chinese.
I envy u , bro. I wish I can keep my BAO-ees at my home here in SIN n take them w/ me when I return to Gotham City.
Cheers!!
Bro WB
Good morning!
I’m convinced that the best chance a man has in attracting n keeping a very desirable gal/woman, whether WL or non-WL, is to behave like a a dominant n hard to get man, always n forever.
We men r also attracted to gals/women who r very hard to get or w/ whom we hv missed ur chances for whatever reason…
For example, I hv been thinking more of the two gals I didn’t pick than the 2 who spent the nite w/ me in Macau, China. I’m wondering how pretty n tight their pussies were n what I missed…
KK will be back tonite. But my KC for her is now minimal n I’ll pretend that I’m not very keen to see her. Why? I’m going to be a very hard to get man…I know she may be shocked n dismayed. Ironically, my changed behaviour n cold attitude will give me the best chance to reclaim her pussy when I return from Gotham in mid May. By using connect-disconnect repeatedly, it’s the best way for any man to KC a gal.
I’m confident that KK will dump who whoever she may be w/ in May n come back to me. Whereas if I give her monthly allowance while I’m away, like a wussy nice guy, my chances of tasting her pussy again will be slim. Of course I may still lose her whatever I do, especially if some towkay pays her double…so what? He will hv my blessings as I only pay the going rates. There r so many chio pussies out there, especially in China. The Fujian gal GG n that LV singer will be back n there will be newly-arrived students, hahaha.
In fact, just the other day a fren intro me to a very cute n chio 20 yo SYT KY who wanted to be BAO-ed. Where r u bro kernomaniac? She may be the first gal whom we both like. A native of 广西, she speaks a dialect that sounds quite a bit like Cantonese. She isn’t too tall at 165 w/o shoes n weigh 50 kg n has a very sexy, slim, proportionate, perfect figure w/ beautiful curves, fair complexion, very slim waist n shapely, perky ass. Who says China gals dun hv nice asses? Natural C boobs n best pair of legs I hv seen in very long time!! She has big eyes n is fxking cute! I think very few men will reject her. Sadly, she may not be available when I return.
Ths for reading n hv a great day!
Bro WB
Another great day!!
KK called me Mon on her return to SIN. Unfortunately, her big auntie came w/ her! Met her yesterday in a secluded place close to her dorm. She carried a box of 003 n a special sex tool which I gave her before she left for Chengdu. Luckily, she still had two other very nice holes…she was very jovial n playful.
Later, I did some light n medium “disconnectors” by teasing, challenging n finding faults w/ her. She was irritated n displeased for a while. But I got my concessions. Now I’ll give her wkly allowance towards the end of the wk n she will meet me anytime I want outside school hrs. And she will always carry my box of 003…
As for the new SYT KY, I proposed ST which she rejected outright. Sadly, I’m greatly constrained by time n hv not even established rapport w/ her, like booking her for a KTV outing.
She said, 我不是小姐，你只能包养我。I hope she will be available when I return…
Let me digress a bit. It’s indirectly related to kTV gals/singers/students since the prerequisite for getting their pussies is sufficient money. I shall quote an article abt the coming financial meltdown.
<<<<<<<<<<<<<<<<<<<<<<<<<<<<<<February 23, 2010
Plans to Hide Commercial Real Estate Losses Won’t Avert a Double-Dip Downturn
By Shah Gilani, Contributing Editor, Money Morning
Sooner or later, mounting losses on commercial real estate could crash through the market’s 2009 optimism and send the economy and stocks into a double-dip downturn.
The major problem is that lawmakers and regulators are setting up investors into believing that commercial real estate (CRE) losses are being effectively addressed. The truth is that escalating losses are being hidden as part of a campaign of optimism in a desperate gamble that a robustly reviving economy will save the day.
To protect yourself from another investment beating, here’s what you need to know.
Accounting Gimmickry
Two weeks ago, a bipartisan group of 79 members from the U.S. House of Representatives sent a letter to U.S. Treasury Secretary Timothy F. Geithner and Federal Reserve Chairman Ben S. Bernanke. The lawmakers want the public to know that they are concerned that the “commercial-real-estate industry has the potential to infect our economy and slow a recovery,” according to Rep. Paul E. Kanjorski, D-Pa.
Kanjorski, the chairman of the House Financial Services Subcommittee on Capital Markets, Insurance, and Government Sponsored Enterprises (GSEs) - which includes the likes of Fannie Mae (NYSE: FNM) and Freddie Mac (NYSE: FRE) - says it’s the administration’s responsibility to make sure that happens.
“The Treasury and Federal Reserve now must take needed and urgent action to stave off a potentially devastating wave of commercial real estate foreclosures and bank losses,” Kanjorski said.
So in keeping with how effectively overseen and transparent our capital markets, insurance industry and GSE institutions are, the lawmakers want more accounting gimmickry to be made available to banks that hold commercial-real-estate assets. The lawmakers are concerned that banks may be forced by some regulators to write down the value of performing loans, even when payments are current. And these elected officials want more latitude for banks to manipulate recently issued CRE loan-modification guidelines.
Just what recently issued CRE loan modification guidelines are we referring to?
When is a Bad Loan Not a Bad Loan?
The tooth fairy commeth. On Oct. 30, bank, thrift and credit-union regulators very quietly gave lenders flexibility in how they classify distressed commercial mortgages. Banks can now slice distressed loans into performing and non-performing loans, and institutions will magically be able to reduce the total reserves set aside for non-performing loans.
For example, let’s assume that a developer borrowed to build a shopping mall, but only one tenant leased space in the finished project. Cash flow from the project would be insufficient to service the loan, meaning the lending bank would have to set aside reserves against the total loan. Under the new guidelines, however, the mall loan actually could be carved into two loans - a performing loan representing the rented space, and a non-performing loan that represents the empty space.
Theoretically, with fewer reserves having to be set aside, bank balance sheets would look better, leaving lenders with more cash available for loans. But the reality might be very different. Granted, this accounting hocus-pocus might well stave off some bank failures. But with the overhang of non-performing loans still on their books, will those banks really be eager to lend out their precious cash?
That’s not the only concern, either. The fact that lawmakers don’t want to force banks to write down “performing loans” should be a cause for concern among investors. It’s like the riddle: If an airplane crashes exactly on the border of two states, where do you bury the survivors? Hint … you don’t bury survivors. And, you don’t have to write down performing loans - unless, of course, they’re not really “performing.”
What’s really happening with performing loans is a game called “extend and pretend.” When most banks make commercial loans they include an “interest reserve.” The reserve amount is part of the total loan, and it is there so that banks can pay themselves their interest until the project generates enough cash flow to start paying interest and principal.
The unvarnished truth is that innumerable commercial loans are in distress right now because projects aren’t being finished. And if they are , tenants aren’t leasing. So rather than write down the loans, banks are extending the terms of the debt with more interest reserves included so they can continue to classify the loans as “performing.”
Hiding behind the extend-and-pretend game is the dark reality that property values have declined at an alarming rate - racing ahead of the rate at which banks are writing down these loans.
Nor is that the only concern. Because interest reserves do not repay any of the loan principal, there is no amortization on these debts. In other words, banks are extending loans that they would never make now, because borrowers are already grossly upside-down.
To be continued.
A Real Race Against Time
Lawmakers and regulators are desperately hoping that a strong economic rebound will stimulate job growth, consumption and demand for the commercial real estate that banks continue to hold.
But let’s be real: There isn’t enough time on any clock to ever win that race.
Why do I say that? Because, in order for the United States to rebound to a full-employment rate of at least 5%, the nation’s economy would have to create 200,000 jobs per month - for seven years.
Although all the big banks hold significant amounts of underperforming-commercial-real-estate loans, this exposure as a percentage of total-balance-sheet assets averages only 10% to 20%. And these banks have other income streams, such as proprietary-trading revenue, investment-banking fees, and credit-card fees and charges to bolster their bottom lines.
Regional and local community banks have as much as 80% of their balance sheets tied up in commercial real estate, and very few other sources of significant fee income to offset CRE losses.
It’s not the too-big-to-fail banks that are lending to consumers; they’re too busy catering to huge corporations, enslaving the credit card borrowers they pressed into servitude with low teaser rates, and pandering to lawmakers to preserve their monopolies and their outrageous executive compensation packages.
It’s the regional and community banks that lend to individuals and small businesses that are sinking fast under the weight of CRE. How are they going to be the credit providers to consumers and the backers of the small businesses we are counting on to create jobs for the country’s 18 million unemployed?
Lawmakers and regulators expect to buy time for the economy to grow in order to drive up commercial-real-estate prices and save the banks that are threatened. But their rescue vehicle of choice is the banking sector that is foundering because of the growing gale of commercial-real-estate losses. So please forgive me if I label these Washington insiders as grossly incompetent, self-serving and deluded.
The Only Way to Win
If we continue to chart this course, we’re headed right for a double-dip downturn in the economy and in the stock market.
But there is a way out.
First, break up all the too-big-to-fail banks into “bad banks” by saddling them with all the bad bank loans. Don’t worry: It won’t take long for those institutions to discover how to make money from these non-performing loans.
Let these “new” institutions keep their proprietary trading desks so they can steal money from the big corporations and investment banking clients they front-run.
Cap all compensation for the top 25% of earners at those banks. And make these top-tier executives stay and work at their new employer for seven years, which is the same amount of time it takes to discharge a bankruptcy. That’s only fair since bankruptcy is where these institutions force credit-card borrowers after ripping them off with hidden, retroactive fees and usurious interest rates. Phase out all taxpayer backing over the same seven years. Limit each bank’s leverage and require them to add equity capital on a pre-set ratio relative to balance-sheet risk.
Spin off all big-bank credit-card operations into four regionally based trusts and make them operate as not-for-profit entities. Cap interest rates at some nationally set level above the prime rate, and make credit limits a function of income, assets and credit history. While we’re at it, only charge merchants and credit-card users 50 cents each per any transaction.
Make community banks “good banks” by spreading the big banks performing loans across their balance sheets so banking is more “localized” and community-centric. Limit the size they can grow to - period. If there’s additional business to be had in a particular locale, let another bank open up and help drive down the cost of services.
Create a compensation arrangement for bankers that rewards them generously for creating jobs, improving standards of living in their communities and running their banks profitably relative to standardized risk metrics.
As far as big loans and securitizing and selling asset-backed pools, make the banks syndicate and spread risks between themselves, all of them. They’ll actually become experts in risk management as opposed to paying lip service to schemes like Value at Risk.
I’d like to say that I’m kidding, and that everything will work out just fine if we do nothing. But the reality is that only a comprehensive overhaul of banking regulations will save the U.S. economy and stock market from significant pain. Hiding behind accounting gimmickry is just another tarp being thrown over our problems by same special interests that got us into this mess in the first place.>>>>>>>>>>>>>>>>>>>>>>>>>>>>>
I’m even more pessimistic n, IMHO, even an overhaul of banking regulations will not be enough.
The only solution? Americans need to work much harder n produce much more than they consume for the next 20-30 yrs or longer.
Your esteemed comments n opinions r always welcome!
Cheers!
Bro WB
Quote:
Originally Posted by
uhoo
nominated best thread in sammyboy.
got talk about gals and also economy(money!)..
bro warbird no need work de ar.. can always update… envy siol….
Hi bro uhoo,
I’m merely trying to share wat little I know…
In a capitalist system, money is what makes the world go round.
I’m convinced that we r in the early stage of a global depression which will last many yrs. China, our little red dot n some Asian countries will suffer less than many of the Western countries. I hope I’m dead wrong.
But a crisis is always an oppty…
More bad news from Gotham country:
New home sales hit record low in Jan, prices tumble:
New home sales hit record low, prices tumble | Reuters
Cheers
Bro WB
………………………………………….. ………………………………………….. …….
I hv mentioned the 3 voids that need to be filled in a gal/woman. For a PRC MM, even if u could fill all her 3 voids, she may still abandon u if someone offers her twice the money, hehehe.
Separately, I’m entering the 7th wk of RS w/ KK. I hv little KC for her now, but I still like her youthful body n pussy. She has been very compliant n accommodating. However, she refuses to hv her nude n explicit pics taken the other day.
Despite that, there is a very good chance that we will continue the RS when I return from Gotham City. The other gal I like, the Fujian gal GG, will likely be here as well. They should keep me busy n satiated for the rest of the yr. If I lose both of them, it’s fine…there r other gals or I’ll just go to China n bring a SYT back.
Cheers!
Bro WB
Quote:
Originally Posted by
DO_YOU_BJ
And you failed my dear master.
Use the word “TRUST” and “OWNERSHIP” on her.
By this action, it shows that the trust is not there at all and also, the notion of integrity is at stake.
Y???? Cos she’s afraid you might go showing her pics around or in the net!!!!!!
So, in order to have total CONTROL of them, there is no such thing as NO!
This word can only come from YOU!
Now, show her the power of Authority & the meaning of OWNERSHIP!!!!
My esteemed Mr. Austin,
Ths so much for ur sage advice n guidance. May I call u the Oracle of Bao Yang?
Yes, I failed. I wasn’t dominant n assertive enough. I hv a long way to go.
I like ur concept of total control n ownership. I know what to do next.
Actually, Kk has complete trust in me n knows that the pics n video will be for my personal use only. Her concern is that others may get them accidentally…
She was tearful n promised to service n please me the best she could…bcos I pretended to be upset n displeased. That was the emotional experience she needed, hahaha.
Very sorry abt last night. KK n I wanted to go badly, but I just couldn’t make it…I’ll make it up to u on my next visit here.
Best regards,
Bro WB