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Posts made in January, 2009
Hard times are upon us. That is what many people would want us to believe. My say is that hard times only hit those who do not know how to recognize opportunities and turn crisis into windows for growth, development, and wealth building. So, our country is now in a recession. So what? Our great grandfathers have survived the Great...
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Watching outgoing President George W. Bush smirk and slink his way through a series of self-serving exit interviews has been a harrowing experience. I feel compelled to do a summary of Bush’s failed economy. The common wisdom states that presidents get too much credit for good economic times and too much blame for...
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At this point, all the bad news related to the economy is prevalent. There is very little hope available to be upbeat about the headlines of late. We read stories of long-time businesses closing down, thousands of people losing their jobs, families losing their homes, and other tales of economic woes and financial maladies. Our...
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The economic news is enough to drive any sane person crazy. Between deteriorating personal finances, a dismal financial outlook, feckless politicians, and equivocating economists, there are plenty reasons to let fear, worry, and anger creep into our minds. Staying abreast of the financial news is not conducive to calm and...
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The economy continues its terrible tumble into the abyss. Yesterday, stocks fell by approximately 3% because of less than stellar, or if you will, worse than expected, economic news. Retail sales fell 2.7% from November to December. This decrease is double what economists initially predicted. In addition, every economic...
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Unfortunately, we have become accustomed to American economic, cultural, and military dominance. We have accepted these predetermined outcomes without giving much thought as to how we would continue our reign at the top of the global heap.
Now, we are at the brink of financial disaster. We have a young, vibrant, technology...
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