The Republican primaries are in full stride, and they've been damn entertaining. Fairness, taxation, wealth creation, and jobs are at the tip of everyone's tongues and we just finished up the winter of #occupywallst. I've always been left-leaning, but yes, I did work as a trader for seven years. It was quite a wakeup call, as I had never realized people might not revere JFK or might actually hate immigration (I grew up in a bit of a liberal town).
Life as a trader only strengthened my liberal foreign policy views, but I have to admit, my economic views inevitably started creeping to the center. I was surrounded by some characters: one guy would give his four-year old daughter $5 a week for allowance, and then take back 50 cents, so she "could get an understanding for having your money taken by taxation." When he told us this, someone responded that she wouldn't have been in that tax bracket. Yes, this really happened.
Money can be a strange thing.
It was 2006 when I first got out of the red. Life as a trader expedited the process of paying back my undergrad loans and it was the first time I ever had any disposable income. There are many stereotypes of traders: some on the floor who would show up with Gucci loafers and Rolexes, maybe return from a lavish vacation, and some even made sure to pop the proverbial bottle come the weekend. I tried to avoid these things, but I was definitely not immune. The first time my bank account could carry me over longer than a few months, I managed to express my newfound doucheiness by buying one of the first 50" plasma TVs in the market, the Philips 50PF9966.
I read for days about Plasma vs. LCD. I'd go from Best Buy to Circuit City (R.I.P) and convince myself that I could see huge differences in quality. I might've even scoffed at the idea of a Zenith. Remember when people would just watch nature shows and sports in HD....when HD itself was so mesmerizing?
Philips sold me with absurd features like 'Ambilight', that lit up your wall with colors supposedly complementing what was on the screen. In retrospect, this might've been a bit idiotic, as I lived in a convertible one-bedroom apartment. For non-New Yorkers, a convertible 1br is where you take a regular 1br apartment, and add a fake wall to split up the living room, magically adding another bedroom.
Yup, my roommate and me set up a 50" TV in a living room that was 8ft x 10ft. As someone who's never really been part of either, I never quite got the negative implications of "new money." I guess this kinda captures it?
We'd sit there playing Madden and feeling like we're actually in the game. We convinced ourselves we were somehow being responsible by watching HD sports at home and not a bar. Our guy friends were pretty excited, while girls generally reacted with a "what's wrong with you?"
The Philips just flatlined this week, flickering itself to the television graveyard. I'm amazed it lasted this long. It's moved four times, usually sitting in the back of a uHaul only covered by a comforter. It sat alone in my parents basement for almost two years, even surviving a flooding that destroyed the surrounding. It even found a friend in another gaudy showing of technology at my current apartment, The Stack. The Philips served me well.
This week happened to also be when my old bank told the trading floor their bonus numbers. I was fairly curious the first year after trading, but then realized it was just kind of weird to discuss with my friends still in the industry. If not for the annual outrage over bonuses, I might even forget that entire world exists.
If this blog was never born, would I be in Best Buy staring at the new Sharp 70"?
Life as a trader only strengthened my liberal foreign policy views, but I have to admit, my economic views inevitably started creeping to the center. I was surrounded by some characters: one guy would give his four-year old daughter $5 a week for allowance, and then take back 50 cents, so she "could get an understanding for having your money taken by taxation." When he told us this, someone responded that she wouldn't have been in that tax bracket. Yes, this really happened.
Money can be a strange thing.
It was 2006 when I first got out of the red. Life as a trader expedited the process of paying back my undergrad loans and it was the first time I ever had any disposable income. There are many stereotypes of traders: some on the floor who would show up with Gucci loafers and Rolexes, maybe return from a lavish vacation, and some even made sure to pop the proverbial bottle come the weekend. I tried to avoid these things, but I was definitely not immune. The first time my bank account could carry me over longer than a few months, I managed to express my newfound doucheiness by buying one of the first 50" plasma TVs in the market, the Philips 50PF9966.
I read for days about Plasma vs. LCD. I'd go from Best Buy to Circuit City (R.I.P) and convince myself that I could see huge differences in quality. I might've even scoffed at the idea of a Zenith. Remember when people would just watch nature shows and sports in HD....when HD itself was so mesmerizing?
Philips sold me with absurd features like 'Ambilight', that lit up your wall with colors supposedly complementing what was on the screen. In retrospect, this might've been a bit idiotic, as I lived in a convertible one-bedroom apartment. For non-New Yorkers, a convertible 1br is where you take a regular 1br apartment, and add a fake wall to split up the living room, magically adding another bedroom.
(you'll notice the lady is not even watching the TV)
Yup, my roommate and me set up a 50" TV in a living room that was 8ft x 10ft. As someone who's never really been part of either, I never quite got the negative implications of "new money." I guess this kinda captures it?
We'd sit there playing Madden and feeling like we're actually in the game. We convinced ourselves we were somehow being responsible by watching HD sports at home and not a bar. Our guy friends were pretty excited, while girls generally reacted with a "what's wrong with you?"
The Philips just flatlined this week, flickering itself to the television graveyard. I'm amazed it lasted this long. It's moved four times, usually sitting in the back of a uHaul only covered by a comforter. It sat alone in my parents basement for almost two years, even surviving a flooding that destroyed the surrounding. It even found a friend in another gaudy showing of technology at my current apartment, The Stack. The Philips served me well.
This week happened to also be when my old bank told the trading floor their bonus numbers. I was fairly curious the first year after trading, but then realized it was just kind of weird to discuss with my friends still in the industry. If not for the annual outrage over bonuses, I might even forget that entire world exists.
If this blog was never born, would I be in Best Buy staring at the new Sharp 70"?
