Redneck????????

CFA General
#1

So I’m watching the lecture by Andrew Holmes on Business Cycles, and I’m at the part regarding unemployment and how the unemployment rate is measured, and he says, and I quote:

“So how do you measure unemployment? And this is done with slight differences from country to country so you have to be a little bit careful when comparing one country to another, but, the basic idea is that just because you are out of work does NOT mean you are unemployed. So it might just mean, uh, in the United States for instance that you’re a redneck. So, uh, anyway, so…”

Um…I personally am not offended, I laughed and had to rewatch it 3 times to make sure I heard him right, but HOW on earth did he get away with saying that and to the level that it was published in the final recording???

I could think of a substitute choice word that would have caused an uproar if he said that??? Anyone else see this??? If not, check it out, Study session 5 Topic 18 Business Cycles 15:30 into the video in the 2012 material.

#2

Either no one heard it, or no one cared enough. It’s pretty funny tho, in a very insulting way. :smiley:

#3

I am offended… I say we get dis Holmes feller, hogtie him and sho em what us rednecks really do… git-r-dun!!!

#4

if you have the CFA Charter and you live in West Virginia

-you might be a redneck

#5

I remember one of his jokes that went like this: What do a tornado and a divorce have in common in Texas? In the end, someone is going to lose a trailer.

#6

The irony is that a true redneck, in the original connotation of the word, likely works harder than most other people in the US.

#7

I would have said “hippies”, though that’s probably because I live in Northern California.