Friday, February 21, 2025

Risks Being Considered

 

Is Profit the Purpose of Business?

 

No one goes into a business

Hoping to lose

Rather, it is profits and more profits

Which people choose.

 

Breaking even at first

With the base to improve

Would be a much better prospect

Than projecting to lose.

 

It is considered a loss

If profit margins decrease

And a business may downsize

To cause such to cease.

 

That profits are optimal

Is what businesses are about

And the greater the profit margin

The greater their clout.

 

That having been said

Here’s a question for you,

What are three top businesses

At least, in your view?

 

While you are thinking

I will give you my three:

First up would be the Government

Of a given country.

 

Time for governments to boldly reduce government spending | Fraser Institute

 

The people’s business

In which they have little say

And they, the employers work

To prop it up each day.

 

This is largely different

From the other two,

It is financed by the taxpayers

To pay the executive crew.

 

Often the employers

Don’t know an employee’s salary

Whose wages are much higher

Than the employers’ money.

 

The last verse to you

Probably makes little sense

But employers pay employees-

From this pick sense.

 

It is our tax dollars

That pay Government officers

Never mind that we have no say

In what they are offered.

 

They regulate our wages

But we can’t touch theirs

And I say that as our employees,

This is not fair.

 

Government is the first

And so much for this one,

There are just two more to go

And then I am gone.

 

Next is the bank

Where we bank our money

And where from reports received

There is great profitability.

 

10 banks that may face trouble in the wake of the SVB Financial Group  debacle - MarketWatch

 

Not for us really

But for the filthy rich,

You see banking millions of dollars

Is a wealthy tip.

 

Never ever will you hear

A bank has incurred a loss,

They make use of everybody’s money

At little or no cost.

 

When things are brown

They still make a profit

And ever, so often they cut back;

This is another trick.

 

Their service charges

Obliterate any interest received

Which is really “next kin” to nothing

As far as I perceive.

 

But they increase profits

In all kinds of circumstances

And we derive absolutely no benefit

In any of these instances.

 

Regarded as a nuisance

Are the smallest of accounts,

Too much time has to be wasted

Keying in these amounts.

 

Such persons are penalized

For these small accounts

And they struggled every month

To increase the amount.

 

I thoroughly dislike banks

But cannot do without

But that I prefer online than in line,

Is without a doubt.

 

10 banks that may face trouble in the wake of the SVB Financial Group  debacle - MarketWatch

 

Banks are an injustice

Especially to the poor

And the first business I mentioned

Helps to close the door…

 

The door to a better standard;

A better standard of living

Since there are few regulatory controls

On the bank’s profiteering.

 

The third and final one

Encompasses the first two

Though the first two benefit from this one

And this is true.

 

Everybody needs insurance

Of one kind or another

But how much individuals benefit

Is another matter.

 

A Brief Overview of the Insurance Sector

 

Corporations do benefit

And this, without a doubt

But any policy lapse re an individual

And he or she is given OUT!

 

No Government controls,

At least none that I know

For these companies do as they like

As the evidence shows.

 

One faithfully pays

And when comes time to benefit,

One is dragged over the coals

As a standard habit.

 

You may know an exception

But one is not the rule;

And God help you when they collapse

For then you look like a fool.

 

They are necessary evils

If you see what I mean

But that the poor is disadvantaged

Is the common scene.

 

As to which is the worse

I really don’t know

But I do pray they do far better

And that they let it show.

 

Governments and banks,

As well as insurance companies

Do not in any shape, form or fashion

Alleviate poverty.

 

Governments sustain a deficit

And it seems deliberately so

But for the other two as we all know,

Huge profits invariably show.

 

Stewart Russell © July 18, 2024

 

 

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