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Posts Tagged ‘economy’

brand-new-house*There’s a brand spanking new house on my street that has lost over $10,000 in equity every single month for the last 10 months!

 

*The Dow is just barely above 7,000 points which is a critical support level of our economy.  Once it goes down below that, then we will lose a significant number of investors who have reliably played a part in our economy. 

 

*Banks STILL are not lending freely with the tax dollars we’ve provided them–whether it be home mortgages, business loans or auto loans.  Previously banks would issue about 130% of the book value of a brand new car so long as you had a credit score above 680.  Now you have to have a 750 credit score to get 105% of the book value for a brand new car!  Wait a minute.  I give you the money so that you can lend, and then you don’t lend to those who gave you the money?  Something is VERY wrong here.

 

*Cheese, produce, and grains have increased in price by as much as 400%.  I used be able to buy an artichoke for less than a dollar each.  Now it’s nearly $4 each.  A bag of wheat used to cost $8.99 for a 50 pound bag.  Now it’s as much as $45 for the same 50 pounds!  The same goes for rice, cheese, milk, etc. 

 

emperors-new-clothesI don’t know how “rich” Obama thinks the wealthy are, but he’s ridiculous to think that the rich are going to be able to pull us out of the recession.  Thinking that the government is the answer to this crisis is WORSE than “The Emperor’s New Clothes” because the emperor is strutting around naked, trying to tell everyone that he’s wearing new clothes, but he actually KNOWS that he’s strutting around in his birthday suit!

 

There is discussion going on in Capital Hill right now that in order to “save” the elderly, they are going to take over the administration of retirement accounts.  WHAT?  You mean the same government who can’t properly oversee the bankrupt Social Security accounts of our nation now want us to believe that they can handle our other retirement accounts?  This is the same government which doesn’t know the difference between a Promise and a Lie.

 

The government can’t even count votes, can’t pay their own taxes, overpays by BILLIONS of dollars for assets which they buy, can’t “make” banks give loans even when they provide them with the money to do so, can’t protect the freedom of our citizens — which is their number one responsibility — and can’t even take the time to read what they are voting on, and yet we’re supposed to believe that they are the sole solution for this economic meltdown?  PUH-LEEZE!

 

If this keeps up we’ll WISH we were living in a socialistic nation, only because it’s the lesser evil to a monarchy!

 

I believe that there are still REAL Americans out there that are starting to recognize that they’ve been hoodwinked, who are not cowards as the Attorney General likes to call them.  I think a Boston Tea Party is the least of our governments concerns. 

 

The Government has forgotten their purpose – to SERVE the American people.  Instead they are helping themselves to the fruits of the labors of the American people. They have forgotten that a FREE people are responsible for giving them any power in the first place, and that a FREE people have the rights to reclaim and reorganize that power. 

 

reclaim-freedomPeople of America, exercise your rights and make those cell phones and e-mails, fax machines and overpriced stamps actually mean something.  WRITE your legislatures, senators, congressmen, governors.  Reclaim your freedoms!  Our hard earned liberties which have cost the lives of thousands are being depleted more stringently and in more atrocious manners than any cause ever before!

 

Our lives, liberty and property depend on these freedoms.  Our peace and happiness depend on these freedoms. 

 

This crisis of our nation isn’t just about “overcoming the economy”. Warren Buffet was quoted today as saying that the American people “have overcome worse.”  No, they have NOT — to be completely forthright. They have NEVER been confronted with such a financial crisis COMBINED with a crisis of freedoms and rights!  Their money AND their freedoms are being stripped away.  This is a crisis that we have NEVER had to overcome previously.  I PRAY that we have the strength to overcome it now.

 

 

To find out who your local legislatures, senators, congressmen, governors are to contact, please visit http://www.visi.com/juan/congress/.

Copyright 2009 Kellene Bishop. All rights reserved.
You are welcome to repost this information so long as it is credited to Kellene Bishop.  
 

 

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bail-out-protest

 

The more I hear of businesses demanding a bail out, the more fearful I am of a socialist government taking over our nation.  A bail out mentality is the benchmark of a socialistic, or even a communistic government.  We give up our freedoms every time we accept “assistance” from the government, banks, or even a rich Uncle.  What ever happened to the attitude of “Independence” in our great country?  Perhaps that got thrown out as everyone started celebrating the “4th of July” instead of intended “Independence Day.”  The value of our independence is worth more than all $700 billion- even for one person!  I’m sure the hundreds of thousands who have spilt their blood so that we could truly be independent would be horrified at the thought of how weakly we value such freedom today. Much of that blood was spilt in order to abolish slavery, and yet we willingly enslave ourselves when we stand by and watch a sizeable portion of our lives, our futures, and that of our progenitors be sold out for $715 billion in total. (And that’s just what we know about.)  I see a bail out as one trying to cheat consequences.  And yet we all know that doing merely compounds the consequences as they were originally determined.

 

shackles1Bail outs have long- term consequences that you ultimately do not want. And you certainly do not want them for your children or grandchildren. And yet your government leaders are shackling us with these burdens without representing your interests and with every attempt to keep you in the dark as to their true consequences.  These decisions are being made in a myopic and duplicitous manner by those with power with the intention that those who are working 2 and 3 jobs just to make ends meet will be too busy, too drained to give put up any resistance.  You can say that it won’t come from our tax dollars…at least not in such a manner that it’s so obvious.  Do you really think that our government printing up an extra $715 billion in our economy will have no affect on the value of our currency? 

 

The value of our currency determines the value of your work.  As the value of the dollar goes down, the need for you to work more hours increases just to obtain the necessities in life.  In truth, we would gasp in outrage and plot an all out revolution if we clearly saw just how many of our hours we’re forced to work just to pay the debts which our out of control government has thrust upon us.  And of course, the government has brokered the maximum amount of power when it comes to collecting their share.  After all, who among us does not have a moment of fear when we hear the words IRS tax audit?

 

It’s apparent that we no longer broker money and monetized assets folks. We now broker power, and I’m not talking about electricity either.  The attitude of the majority of our leaders is “money is nothing if it doesn’t come with power.” Why else would someone spend millions to win a position that only pays $165,000 a year?  It’s the power that it buys, not their commitment to serving the people they represent.

 

Whatever happened to the police officers that children looked up to as heroes?  Today we only see them use their power to violate the very laws they are supposed to enforce with the belief that they do so beyond reproach.

 

What ever happened to the professional basketball and football players that we used to look up to as superstars? Instead we see arrests for atrocious crimes knowing full well that the arrests only represent a small fraction of what’s actually being committed due to successful power brokering.

 

Thank goodness there’s still the Lance Armstrong, the Michael Phelps, and a few others like them to show us that there is still power and strength in goodness.

 

In closing I just wanted to share this little write-up by an anonymous author as they attempt toe explain the orchestrations of the bail outs to us.

 

Bail Out explained (Author Unknown)

Young Henry in Montana bought a horse from a farmer for $100. The
farmer agreed to deliver the horse the next day. The next day he drove
up and said, “Sorry son but I have some bad news, the horse died.”
Henry replied, “Well, then just give me my money back.”

The farmer said, “Can’t do that as I went and spent the money already”
Henry said, “Ok, then, just bring me the dead horse.” The farmer
asked, “What are you going to do with him?” Henry said, “I’m going to
raffle him off.” The farmer said, “You can’t raffle off a dead horse!”
Henry said, “Sure I can, just watch me and I just won’t tell anybody
he’s dead.”

A month later, the farmer met up with Henry and asked, “What
happened with that dead horse?” Henry said, “I raffled him off, sold 500
tickets at two dollars each, and made a $998 profit. The farmer
said, “Didn’t anyone complain?” Henry said, “Just the guy who won so
I gave him his two dollars back.”

Henry grew up and works now for the government and he was the one
who figured out how to “bail us out”.

Copyright 2009 Kellene Bishop. All rights reserved.
You are welcome to repost this information so long as it is credited to Kellene Bishop.  

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Today’s headlines blame the economy on the fact that USPS is in the red over $2.8 billion.  For the purposes of this blog, I’m going to lump the woes of DHL and Circuit City’s bankruptcy news in this today as well. After all, their challenges all have one thing in common…and it’s not the “bad economy.”  It’s the inability for these entities to accept responsibility at an opportune time in which the economy can be blamed.

 

Now let’s get to the truth of the matter.

 

How about the fact that the USPS has lost a significant amount of trust with its consumers nowadays?  High-count direct-mail marketers are strongly cautioned against sending out all of their mail on the same day due to historical instances in which the postal employee recipient will merely throw them away.  As a result, not only do large-scale mail marketers have to separate their outgoing mail among several different post offices (which costs them more in the bulk mailing costs they pay) but they also have to be sure to plant “seed” addresses in their lists.  In other words, have the items be mailed to individuals who they can trust and confirm that a mail piece was received.

 

What ever happened to “through rain, sleet, or snow?”  Many business owners are reporting that the post office is refusing to deliver mail to any floor above the first level regardless of the presence of an elevator.  Instead, regardless of what kind of sensitive documentation your business may receive, the USPS will hand over your mail to a business on the 1st floor and expect it to get to you. And thus wash their hands of any responsibility to do what they actually get paid to do…deliver mail to the addressee.

 

In this same situation, business owners are complaining that certified mail isn’t even being delivered to and signed for the intended recipient.  It’s merely signed for by some mindless individual at the office that the post office determines will accept the mail for the entire building.

 

Have you ever noticed that smiling customer service is rare at a US Post office?  Long lines all year round.  Minimal supplies when they are available.  Waiting in line only to be told that you didn’t need to wait in line or you have to do such and such and then get in line again.  How does a post office run out of stamps on a regular business day?  Isn’t that a big part of what they are supposed to do?

 

I don’t know about you, but over the last two years I’ve been receiving a significant increase in mail that’s not addressed to me.  Not even close.  And yet when I put it back in the mail box to be delivered to its appropriate addressee, my postal worker informs me that it will merely be returned to sender as undeliverable.  Holy cow!  The address is right on there only a couple blocks away! 

 

And yet for all of these stellar benefits, we give frequent “raises” to the post office in the form of regularly increased postage costs.

 

Our office used DHL exclusively for some time, until we just got too fed up with packages not being delivered on time, being nickled and dimed with additional fees, and DHL not accepting any responsibility when a package was delivered incorrectly. 

 

On the opposite side of this business, our Fed Ex delivery person once attempted to deliver a package to our office at Christmas time only to discover my husband and I had already left. So he drove over to our home and delivered it there!  Fed Ex doesn’t deliver perfectly either.  But when Fed Ex messes up on a delivery, an immediate credit is issued without having to wait on hold for 20 minutes to share the unpleasant tale. 

 

Circuit City has been getting too big for it’s britches over the last two years as well.  Winter shopping at this retailer proved to be confusing, frustrating, and altogether unpleasant—clearly reflective of their employee training program and management standards they have in place.

 

But hey.  Let’s blame the demise of USPS, DHL, and Circuit City on the economy, shall we?   That takes the blame and focus off of the real problems.  That way no one has to accept accountability and learn from these horrendous mistakes.  Too bad Enron didn’t close down in the midst of an economic crisis.  No one would have gone to jail. 

 

Copyright 2009 Kellene Bishop. All rights reserved.
You are welcome to repost this information so long as it is credited to Kellene Bishop.  

 

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Joe the Plumber vs. Rick Sanchez—the talking head of CNN.  And the winner is…Joe Wurzelbacher.  On the other hand,  at the risk of sounding like the amateur mass media, Rick Sanchez  is this year’s entrepreneurial putz.

 

In his November 4th interview with the newly famous Joe the Plumber, Rick Sanchez appeared to be as knowledgeable of the abilities of entrepreneurs as the Mr. Clean knows hair care.

 

Mr. Sanchez’s mindless questions of Joe the Plumber demonstrated that he had clearly NOT done his research of this nation’s entrepreneurs.  He joined the mass of misperception when he underestimated entrepreneurs all over the world as indicated by empty-headed questions to Joe Wurzelbacher.  Sanchez’s ignorance was manifested on at least 3 separate lines of questioning.

 

1) “Why would you be so upset about people who clear more than $250,000 a year—having to pay taxes, when you’re nowhere near that category?” 

 

One does not need to live in a leper colony to have sympathy for their plight.  Wurzelbacher made it clear repeatedly that he objected to the principle of the wealthier paying more taxes simply because they had more of it.  Like most entrepreneurs,

 

2) “…you are not in a situation where you’re going to be able to make that money any time soon.”

 

 

Who is this talking bobble head to dish out the socially acceptable level and speed of any person’s achievement or fulfillment in this life?  (business owner or not)

 

The fact of the matter is, every entrepreneur is very near making $250,000.  Many have succeeded in making multiple times that in one day.  Some are content to choose to earn less, and some push themselves to earn more.  There’s no mandate that it must take decades, years or months to earn this kind of income. No initials after your name are required. No special gene pool.  It’s not a secret and it’s accessible to any literate human being in our nation.  It requires applied knowledge, a restlessness with the status quo, and a combination of passion and commitment.   

 

3) “You’re nowhere near being able to buy a business that clears more than $250,000 a year because that would take millions and millions of dollars, right?”

 

Another mistaken assumption.  It does not take millions of dollars to clear $250,000.  In fact, there are many well known business owners who have brought in significantly more than that for significantly less.  Entrepreneurs of all kinds know how to create huge profit margins.  Paul Hartunian, for example, paid $500 for the discarded wood of the Brooklyn Bridge walkway to be delivered to his home.  He then cut the wood up in tiny little square pieces, wrote a killer press release, and made millions of dollars actually selling the Brooklyn Bridge to people all over the world.  To this day he is STILL getting free press about this and subsequent feats of similar style. 

 

Credible information marketers such as Dan Kennedy, Lee Milteer, Michael Cheney, Rich Shefren, Matt Bacak, Shawn Casey, Tellman Knudsen, Jeff Walker, Bill Glazer, Andrew Fox, and countless others regularly clear 7 figures within a matter of days in exchange for a weeks worth of writing and sharing their expertise—and do so repeatedly!   Write, launch, reap, repeat.

 

Here’s the ultimate problem with Sanchez’s skewed vision of the world of capitalism.  He’s forgotten about freedom combined with human potential.  For every story of failure, there’s an enduring story of success in even greater proportions.  In my opinion, there are equal amounts of ways to succeed as there are to stumble. 

 

One of my clients recently earned over $500,000 on one transaction.  Granted, he had to make his way through whole lot of “suspect clients” in the last 9 months to get access to the real deal, but he did so.  And now that he’s accomplished this, no Rick Sanchez of the world can ever convince him that his ideas of success are impossible. 

 

One significant success will breed a confident, unshakable entrepreneur.

 

My hope is that one day entrepreneurs will be viewed as the standard of success, genuine security, and credibility.  In my opinion, they certainly deserve the respect, sincere assistance and accolades more than Wall Street, Big Corporate America, or the sacrosanct banking institutions do.

 

Here’s my challenge to all entrepreneurs—and a special invitation to Joe.  Register as a Primary Member of 3M Mastermind—FREE.  No strings attached.  No charging your credit card later when you’ve forgotten all about it.  Get real information so that you too can prove the mindless naysayers wrong about the strength and necessity of business owners.   Simply go to http://www.3MMastermind.com

 

Entrepreneurs are the lifeblood of every economy in the world.

They are the fire behind invention.

They are the seeds of security.

 

Because of this unconquerable belief, Monetary Intelligence has paid enormous sums of money, put in countless hours with an army of researchers—and  most of all their heart and commitment—to give today’s entrepreneurs the helping hand up they need.  We’ve investigated a mountain of the “success systems” of gurus, experts, doctors, etc from all over the world. We’ve spent the last year implementing their theories and creating some of our own as a result. 

 

Whether you’re in business or hoping to be, MI has created a training division, 3M Mastermind, to deliver substance to today’s frazzled business owners in the form of monthly live webinars and so much more. 

 

We’ll prove to you your abilities now, for your market today.

 

Come off of the observation deck and take the wheel!  Get access to your original content, exclusive training system for FREE right now!  Go to www.3MMastermind to begin your journey with a partner who truly cares, and is willing to prove it.  We’ve already invested in you. Your future success awaits.

 

Copyright 2009 Kellene Bishop. All rights reserved.
You are welcome to repost this information so long as it is credited to Kellene Bishop.  

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Do the Math: 

A very popular e-mail is making the circuit in the last several days espousing a new theory for what to do regarding the bail outs.  The e-mail is as follows—however, there are some very grave errors in the proposed theory.

I’m against the $85,000,000,000.00 bailout of AIG.  Instead, I’m in favor of giving $85,000,000,000 to America in a We Deserve It Dividend. To make the math simple, let’s assume there are 200,000,000 bona fide adults in the U.S. 

Our population is about 301,000,000 +/- counting every man, woman and child. So 200,000,000 might be a fair stab at adults 18 and up. 
So divide 200 million adults 18+  into $85 billon that equals $425,000.00.
My plan is to give $425,000 to every person 18+ as a We Deserve It Dividend.
Of course, it would NOT be tax free.  So let’s assume a tax rate of 30%.
Every individual 18+ has to pay $127,500.00 in taxes.  That sends $25,500,000,000 right back to Uncle Sam.  But it means that every adult 18+ has $297,500.00 in their pocket.  A husband and wife has $595,000.00.  What would you do with $297,500.00 to $595,000.00 in your family?

  • Pay off your mortgage housing crisis solved

     

     

  • Repay college loans what a great boost to new grads
  • Put away money for college it’ll be there
  • Save in a bank create money to loan to entrepreneurs.
  • Buy a new car create jobs
  • Invest in the market capital drives growth
  • Pay for your parent’s medical insurance health care improves
  • Enable Deadbeat Dads to come clean or else 

Remember this is for every adult U S Citizen 18+  including the folks who lost their jobs at Lehman Brothers and every other company that is cutting back. And of course, for those serving in our Armed Forces.
If we’re going to re-distribute wealth let’s really do it…instead of trickling out a puny $1000.00 ( ‘vote buy’ ) economic incentive.
If we’re going to do an $85 billion bailout, let’s bail out every adult U S Citizen 18+!
As for AIG

  • Liquidate it.  Sell off its parts.
  • Let American General go back to being American General.
  • Sell off the real estate.
  • Let the private sector bargain hunters cut it up and clean it up.

Here’s my rationale. We deserve it and AIG doesn’t.
Sure it’s a crazy idea that can ‘never work.’
But can you imagine the Coast-To-Coast Block Party!
How do you spell Economic Boom?
I trust my fellow adult Americans to know how to use the $85 Billion We Deserve It Dividend more than I do the geniuses at AIG or in Washington DC.
And remember, The Birk plan only really costs $59.5 Billion because $25.5 Billion is returned instantly in taxes to Uncle Sam.

Ok. So here’s the problem.  Many are forwarding this e-mail on to others (including me…*she says sheepishly* without doing the MATH.  The math is not $425,000.  It’s $425 dollars. And after taxes that won’t even pay for mortgage payment in most homes in this nation.  The sorry thing is, and this includes me, is that so many times we as Americans do not demand the appropriate checks and balances necessary to truly be free.  We are constantly subjected to numbers and so-called solutions which are not properly vetted, or disclosed to the American people.  The lawmakers are constantly hiding this financial provision here and there.  Frankly I firmly believe that if we had cause to pass a piece of legislation that laid out a woman’s right to life in the U.S. even after she was subjected to a rape, that some moronic lawmaker would refuse to pass it without sneaking some financial boon to himself or his cronies. 

I fully realize that not bailing out AIG, for example would create an enormous loss of wealth to many individuals who invested in AIG.  Seeing that all over the news would pain be almost as much as witnessing the remains of a terrorist attack.  The fact is, this mismanagement of funds is a terrorist attack on our nation’s backbone, but it’s perpetrated by big-wheeling deal makers who do not have appropriate accountability and oversight.  While the retirement funds would be obliterated, you must understand that we’re already in an “Emporer’s New Clothes” scenario, folks. The retirements of the middle class have already dwindled down to virtually nil thanks to the devaluation of the dollar, inflation–which is orchestrated, and criminal mismanagement of funds.  With us bailing out AIG we are in essence saying, yes, Mr/Ms. American citizen, you made a poor choice in your investment but the rest of the American people are going to atone for that error and pay for the mistake for you—even those who can’t even fathom ever owning a home, let alone an investment account of hundreds of thousands—AND we’re going to let the real perpetrators of the debacle walk or even salvage their big profits in doing so. 

Additionally, even if the numbers were real on this, it would only compound the problem of watering down the value of our currency which the Federal Reserve has already mastered quite well.  Inflation IS a tax manipulated by those in power.  And it’s a hefty one at that. 

Our currency is mismanaged, our taxes are mismanaged, and now when we discover just how badly our so-called backbone of the economy—Wall Street—has mismanaged their jobs, we’re compounding the problem.

Mark my words. This debacle enslaves all middle and lower class tax payers even more harshly than if the true consequences were allowed to play out.  At least then, those responsible would be forced to suffer the results of their actions. As a nation I believe we can suffer through the natural fall-out while being given the opportunity of a wake-up call.   You can’t “repent” of your actions by forcing someone else to “atone” for you. (I believe there’s only one person who’s authorized to do that.) And yet that’s exactly what is being forced upon the American people.

Copyright 2009 Kellene Bishop. All rights reserved.
You are welcome to repost this information so long as it is credited to Kellene Bishop.  

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