Wednesday, 1 October 2008

A Letter from Wales


As you may know, I have been writing in public fora for sometime. I'm lost track of how many letters, articles, book etc I have published, but it is quite numerous. yet, after years of serious writing (and numerous rejections), today, I feel that my writing has truly come to maturity. 

This is not because it has been accepted by some major publisher or newspaper. Nor because it has gained wide attention from powerful or popular people. But merely because a simple letter, published in the times, shared my viewpoint with the world and it convinced one person, who took the time to write a thoughtful reply. Alain de Botton, author of Notes on Love and The Architecture of Happiness, defines Love as 'being consider, not for who you are or what you can do, but merely for being.' In many way, I feel as if my writing, now, has truly been consider and it is a feeling of love I experience. 

The letter was from a Mr J.S. Coduri of Mid-Glamogan, South Wales. He wrote the letter on a type writer and edited with a pen! Apparently, he went to his local library and asked them to find my address, which took sometime.

The letter, it in poetic and beautiful typetting, is attached below. 

It reads:

Tuesday 23rd September 2008
to; Aron Ping D'Souza. Editor of the Journals Jurisprudence and Applied eonomics [sic.]
address to be determined; later,

Dear Aron Ping D'Souza, Your letter in the Times show new light on the question [of] bonuses. A long time ago, in the 1960s, a new scheme came into play in [which] staff would get a bonus for working longer hours and doing more work. I think that the position was reversed in the financial world. Loarge bonuses to me smack of overcharging at all levels in law companies, insurance, bank ad finitum. I have always considered that a decent wage and salary at all levels, according to levels of competence and importance but not milking their own companies for larger bonuses and pensions,

More seriously I have considered that much of the action taken by boards verged on criminality. Staff awarded themselves money they had not earned or which would quite rightly be used to lower costs and charges but no.

In the wrong hands bonuses are an evil and open widely to abuse. However, we know that the root cause of the present trouble is good on a far higher level by the massive borrowings, by massive grooming of the public to accept hevy debts which they had no hope of repaying (a sort of Money Pornography) which showed them a type of living they really could not afford.

Today Martin Waller, in his city Diary, showed some figures which may hold part of the key to the fall of any company but did for some large ones. As you know liquidity and capital basis are essential... and eventualities. quote; The evidence that brokers and those high bonsues were getting money from old rope, for nothing but pure robbery. Unfortunately legally as this was allowed by the Treasury and FSA without bilding, was their proligancy in their wild parties, with wines at the top end of the market and costly meals that would feed villages in Africa for a whole week. These are the scum who should be wheedled out, weed, I mean, as weeds they are too numerous. You know more about the various technniques, financial instruments which have been used over the years to decide, bewilder, hide,, retreat into, hedge funds being one and contracts for difference etc. I have written for years, even to the Select Committee, whose task was very difficult but they could smell a rat as I did. 


Yours Truely, John Codruir. 

P.s. Our local librarian took a long time to find your address.  Australia is along way away. How it suffered? I should think so. J. 

I am truely touched that my opinions have been considered in such depth by persons unknown to me. I am currently drafting a reply to Mr Codruir and will post it on this website when it is finished. 

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