Tuesday, July 24, 2012

Legendary Guitar Maker (Fender)

"The legendary guitar maker, whose iconic Stratocasters and Telecasters have long been associated with rock royalty such as Eric Clapton and Jimi Hendrix, filed for an initial public offering in March. The offer, set at 10.7 million shares at $13 to $15 a share, was expected to raise about $150 million for the company and its biggest shareholder, San Francisco-based private equity firm Weston Presidio."

Everything in the world is business, then. Apparently, that includes rock-and-roll. I thought rock-and-roll was sacrosanct somehow, but I am old school, not up to speed. I didn't know yet that: Without businessmen how would you strum a guitar?
     You can't. You needed an initial public offering at $13 to $15 a share. Those old records in your collection are just an illusion. You need money, these days, for anything: health care, music, etc.
     Did you ever suspect that that is what rock and roll is about? That is what it depended on? That everything is bundled into the same program? And I think that's called "free market"?
     And if this harmonious (ha ha) initial public offering should fail, we'll have to stimulate economic growth by giving away free money. But make sure you only give that free money to the rich bankers (and then secondarily the big corporations like GM and Chrysler, who will use it to make America greater). You don't want the music to stop, do you? Then there won't be any money and that means eventually no electricity.
    With no electric power in the wall your power chords won't work either, and then there will be only folk music, which means acoustic instruments. That kind of music does not require outside power sources or the electricity that depends on the business community and their screamin' green guitar solos.

Generally, you look around on the internet and everything is one big obsession on the theme of money. It's disgusting, disgusting. This is what this world has come to.

But, just when you thought all the news from was bad? -----no, there's just a glimmer of light because it turns out that Bain Capital is heavily invested in Guitar Center, Fender and Guitar Center are linked, somehow and...
     And... the good news is: "...Guitar Center has been losing money every year since, making it a nightmare investment for Bain Capital." It seems that Mitt Romney's associates didn't do so good, when they invested in 'Rock' music. They lost money, so ...THAT'S good, right?
     Ah, something that makes me feel good finally.

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