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Posts Tagged ‘foreclosures’

        How many of you have ever had knowledge of an emergency situation where someone is bleeding profusely?  Emergency training teaches to apply pressure; or, to use a tourniquiet to temporarily stop the blood loss.  It is no different with our financial crisis; yet, apparently in a move that goes against common sense…we are bleeding green…sending more and more money to problematic areas that are already bleeding out.

           What we need is a check and balance here…someone to triage…find out who we can afford to let go on to their great reward.  We can’t save everyone here financially speaking.  So, if we are going to attempt to try to turn the tide with this financial mess…we need to find the most effective way to pump money back into the economy in a way that is going to repair the situation.  Not prolong the agony.  Those companies that would abuse the help provided them should be held accountable.  The governmental leaders who are in charge should be held accountable if they fail to serve honorably; by not keeping track of the ebb and flow of the bailout plan.  It should be considered a crime to fail at accounting for each and every dime of the bailout money that does not produce a positive outcome on the economy.  It would challenge those who benefit from the rescue plan to strictly monitor the use of such money entrusted to them!

         Americans are angry about this whole situation.  They are struggling and there is no safety net waiting for them when they fail financially…so, their expectations of our leaders who are guiding the ship in regards to the bailout, are high.  Those expectations are not currently being met…and Americans have had their fill of leaders and organizations who abuse their power and influence over our society.  The impact of such irresponsible behavior is what has brought us to this place and time in history; it is unacceptable.

         Allegedly, reports have surfaced, twice now, on AIG as having pricey get-to-gethers since they have come knocking on the government’s door begging for bailouts to keep them from filing for a $150 billion dollar bankruptcy.  This is seen by many as an excessive fly- in- your- face disregard for the sacrifices that tax payers are taking on, by dolling out the $40 billion dollars that the treasury has set aside to help put AIG back in black.

          What is madness is that this kind of behavior seems to go without consequences except to the country as a whole.  We are drowning in poor choices, in excesses that failing business expect others to dig them out of.  If a small business owner took on that kind of attitude…there would be nothing but financial ruin in their future…not a reward of an all expense paid trip to a spa on the taxpayers!

           The average American is drowning as well.  There are no individual life rings being tossed to the middle class taxpayer.  We are being hit from all sides by the economy, taxation, educational funding, rising cost of living bills, home heating costs, gasoline, medical costs; and still, more and more people are loosing their jobs or their investments.  Home foreclosure is at an all time high.

           How in the world are taxpayers going to pay more to bailout anyone when they are barely keeping afloat themselves with the drain on their incomes?  If people don’t have jobs, they can’t pay taxes.  Common sense dictates that we examine closely where all of this bailout money is coming from; and, limit those who are benefitting from the rescue money. If some business or organization is not being fiscally responsible they should not then be given a blank check to continue the party.  

        This is not a free for all…We need someone in a position to regulate the flow of green; apply some pressure.  We are living in an unprecedented time of national debt…it just makes sense to be watching our bottom line.  There is nothing wrong with taking a little time to evaluate the situation and make an informed decision about the best way to tackle this mess.   Remember Russia and the collapse of their union?  Are we looking to make history as the next nation to collapse from the inside out?

          

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       With all of the economic shake ups taking place in the United States…i was just wondering…is anyone else feeling a rising, fearful sense of dread and panic?  It has building for the last year and a half with the mortgage crisis, rising costs of food, gasoline, home heating fuels, foreclosures, and job downsizings.  Now on top of all of that…we are seeing the fall of the major financial instutions in our country.

       Some Americans, in portions of our country, have been seeing and feeling the economic sense of dread and panic rising for quite some time.  It started with many job markets closing down or moving out of country (outsourcing) and then we started to see the domino effect from credit card lapses, missed mortgage payments, vehicle repossessions and then, foreclosures of homes that probably never should’ve been financed in the first place.  It has been, and continues to be, a chain reaction.

       The culture of over-indulgence, and pay later, mindset has decided to reveal it’s consequences.  There was no safety net in place to cushion the blow.  Once again in America, our quality of life is being threatened in a way that has the potential to bring our country to it’s knees; similar to the Great Depression that we all studied about in history class as children.  It has gone beyond a wake up call and moved to a place of drastic correction.  How are we going to deal with that as a nation?

      Tonight, President Bush is going to be speaking to the American citizens on the economic crisis that this country faces.  Minutes ago, Sen. John McCain made a statement saying that he is suspending his Presidential campaign to go to Washington to help deal with the historical financial crisis; McCain is calling on Sen. Barack Obama to put the campaign aside for the time being to focus on a bi-partisian solution.  Now is not the time for political game playing.  Anyone who dares go there…will loose the election for sure just because of it.  A commitment must be made to work on the issues that we are facing and stop playing word games and power plays to get attention.

        Time is of the essence at the moment; the impact has the potential to deconstruct the global economy.  Not only are our citizens watching and waiting to find a solution…other countries are doing the same.  Is there any possible way that we can as a nation and as individuals recover from this mess?

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       Labor Day is celebrated traditionally on the first Monday in September every year in the United States.  The original idea came about in 1882; it is a bit of a controversy who came up with the idea but most agree it is one of these two men, Peter J. McGuire a carpenter or Matthew Maguire a machinist brought the idea to the American forefront.  The reasoning behind a Labor Day was to celebrate the men and women in this country who work so hard to contribute to the infrastructure of our country by the manual labor and the sweat of their brows.  This Day is to honor them by giving them a day off from work and to recognize all that they do for their families, their employers, and their communities.

        It has become a national holiday, that over the years …the reason for the celebration has been diluted by the activities surrounding it.  There are picnics, festivals,tele-thons, fireworks, cookouts, parties and get-togethers…all of which are wonderful.  However, the reason for the Labor Day needs to once again be brought to the forefront; as people work harder than ever to build businesses, products, and services…but, seemingly the American Worker gets farther and farther behind in their earnings and their savings.

         Today, it was announced in the news that personal incomes dropped by 0.7% in the month of July alone…this is the most noteable drop in income, in over three years.  This comes as a disappointment as the government had issued those tax incentive rebate checks that were supposed to stimulate the economy.  It just goes to show that the fine balancing act that is the American economy, is more than just a little off kilter.

          The American worker works longer hours, and has more financial burdens than they need; and, are saving less than ever before.  The uncertainity of job security hangs over everyone’s heads as corporations and businessess outsource work to citizens from other countries, or outright move their businesses overseas to save money.  It costs more to do business now just as it costs workers more to exist. 

            The cost of living seems to be raising the stakes as workers struggle with rising gasoline, food prices, health care, education costs, home heating fuel and fluctuating mortgage payments, foreclosures, and bank failures. 

            Business companies and workers alike need to come back to the idea of the solid  American work ethic and the celebratory rewards from their employers for loyalty of service to their employees by investing back in the American economy.   CEOs and Administrators need to stop demanding and expecting so many perks and rally up behind some sacrifices that pump some new lifeblood into the network of reliable work histories of the American people.  Workers need to work hard to build up the assets of their employers.  We can learn alot from our forebearers in how they earned, saved, and how this country was built from the ground up.  The American worker who went before, often worked in unsafe working conditions. 

              We have come a long way in making working conditions safer due to labor unions and the worker creating an awareness about those issues, as well as child labor laws.  We can learn from both the good and the bad.  People who work hard and are reliable and trustwory as well as dependable; should be rewarded with job security, appropriate income, and benefits.  Companies who value their workers and develop stability should be praised and encouraged.  Together they are what this country needs to get the balance back where it needs to be.  We need to encourage more teamwork between employers and employees.

               So this weekend, as you celebrate your well earned time off to spend with your friends and family with a variety of R & R…let’s keep our priorities straight.  Celebrate and honor the traditions of those who came before and helped to trailblaize for the American worker of today; when you work…work hard and give your best quality.  Companies…if you have workers who don’t do their jobs and don’t give of the appropriate level of work…let them go…there are plenty of workers out there who will. 

                America has become a bit off balance.  There are those who work hard and are proud to do so…and there are slackers who are proud to be slackers.  There are companies who struggle to provide good products, and services who honor their workers with appropriate rewards and there are companies who don’t.  Unions sometimes will get behind a worker who shouldn’t necessarily be backed up if they are in the wrong.  There are occasions where it is hard for a company to dismiss a worker who isn’t working up to the appropriate standard of employment…don’t back up the worker who is in the wrong…it costs the company money, it costs the laborers in morale and it takes jobs away from workers who really want to work and would work hard for what they earn. 

                The next American President needs to create more opportunities for workers to have jobs and not just in the large metropolitan areas…there are plenty of potential employees who live in the suburbs and in the country areas who need good paying jobs.  We need to teach our young people how to work, how to take pride in a job well done and how to respect those in authority over them so that they learn how to be a good employee.  Maybe the next American President could take a page out of President Franklin D. Roosevelt’s legacy and create something like the CCC or Civilian Conservation Corps which created an environment of employment, did amazing things for our environment, provided for families, and built a generation of dedicated hard working individuals who gave something meaningful to their country and their communities.  That would be amazing!

                We want to celebrate the best of the best.  Whether you are an executive, a laborer, a clerk, a stock person,a doctor, professor, janitor, or a truck driver, etc…it doesn’t matter, it is about the quality of person that you are; your integrity, and the willingness you have to earn what you are paid for. So what does Labor Day mean to our country today?  It could very well mean the difference between building up our economy or the total collapse of the very infrastructure that this country was founded on.  Buy American… Happy Labor Day weekend!

           

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      Do you have enough money?  How much is enough?  If you are like most Americans then you; are in debt, struggling to pay for your child’s college education, rotating your bills, borrowing against your retirement benefits when in a bind,  and you have little or no savings for an emergency; and, maybe you wrestle with providing care for your aging parents as well.  Times are tough for alot of people…there are very few jobs that have real security for the employees these days.  Employers are picking up and moving out of local areas and many are even setting up shop, out of the country. 

      It is hard to find stability in the job market. The economy is rocky and that filters down to everyday people, like you and I; many of whom are facing foreclosure on their homes because of their financial situations.  

          Do you have enough money to provide yourself with all that you need to survive?  Do you have enough money to live comfortably now; AND, in the future?  If not, you are not alone in your struggles.  There is a system that can help you to place yourself in a better position, so that your future doesn’t depend on some corporate administrator’s latest, cost cutting measure.  http://www.layoffyourboss2.com/ (more…)

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      Great news…those tax incentive rebate checks that the government is promising will be on their way in a matter of days, to those who requested direct deposit.   For others…it will be here by the middle of summer.   Isn’t that great?  

       Curiously, while the announcement that the checks were going out a week ahead of schedule was being announced in the media; the news was plastered with the bad news that rice sales are being limited, by some chain stores, due to rising costs; as well as, fear of food hoarding.   Other troubling financial concerns are highlighted on the evening news at a frightening rate.

        The gasoline prices keep increasing.  Farmers are in distress because of the cost to produce our nation’s food supply.  Grocery shopping is becoming a lesson in financial management.  Heating our homes is equal, for some families, to planning a major household purchase.  Homes are being foreclosed on in record numbers; and now, the latest news is that even rental homes are being foreclosed on causing more homelessness.  Food banks can’t stay stocked in basic necessities; charities are in need themselves.  People are dying for lack of medical insurance to cover their physical well-being. 

          Is this country trying to recreate the Great Depression?   Where is Franklin Delano Roosevelt when we need him?   Our national economy is taking a nose dive.  Corporations are moving outside of our country’s borders.  Layoffs are at an all-time high.  Schools can’t get enough funding to keep quality teachers and tools.  School violence is making education a joke; our future leaders are not going to be competitive with other nation’s leaders if these trends continue.  The children in our country are filled with hoplessness.   All around our country, the morale is beyond the typical hysterical feeling one achieves when riding a roller coaster. 

           Does anyone seriously think that these $300.00-$600.00 checks are going to ignite tax payers to run out and make purchases to stimulate our economy?  No way, people are going to use that money (for the most part) to survive!  I love what I read on one online forum….the writer said something to the effect of, “Yippeee…that is three tanks of gasoline for me!!!”   Sad isn’t it?  A van or large truck can take up to $100.00 to fill.  Some people still have not received their checks…here is a number you can call to check on the status of your rebate check if you have not yet received it:  I don’t work for the IRS so i wouldn’t know about when someone would be receiving their rebate; however, here is a toll free phone number to check on the status of someone’s rebate and whether they will be receiving one or not. 1-866-234-2942 Good luck to you.

  Let’s at least be honest here…that money will come in handy…but, if anyone expects it to change the economy’s health…they are fooling themselves.  So…really, what are you going to do with your check?  

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