This is an email I received from a colleague of mine, Kip Herriage. His position on today's economy is unparalleled.
Bernanke Drops The Ball, But AIG’s Rescue Gets Done
Sugarland, TX – September 18, 2008– Yesterday I wrote that the “FED must drop rates and that AIG must be bailed out”. Tonight we have word that the AIG bailout has happened, and that 80% of the company will now be owned by us…the US taxpayer. Congratulations everyone….we now owe over $1 trillion in additional unfunded liabilities.
"The Board determined that, in current circumstances, a disorderly failure of AIG could add to already significant levels of financial market fragility and lead to substantially higher borrowing costs, reduced household wealth and materially weaker economic performance," the NY Federal Reserve said.
Look, here’s the bottom line on all of this. The delirious “geniuses” that dreamed up these ridiculous instruments called “derivatives” over the last 10 years are to blame for the current mess we are in. If any of us were responsible for this monstrosity of a creation, we would be tarred, feathered and hanged for the whole world to see. I honestly don’t know if the worst is behind us, because I have lost complete confidence in a government that would allow this to happen in the first place. It’s almost as if they want it to happen….“it” being a repeat of the catastrophic events of the 1930’s Great Depression.
The truth is that I am an eternal optimist, and that I believe in the great spirit of ingenuity that lies in each of us. Unfortunately, “we” are not running things right now, and the idiots that are don’t seem to know how to right the ship that we are all sinking in.
So, what would I do if I ran the Federal Reserve??
I would institute the “Herriage Manifesto”: a FIVE STEP PLAN to completely clean up our markets in less than 30 DAYS:
One: I would open the books of the FED so that for the first time EVER, our private bankers accounting shenanigans could be audited and uncovered. The FED is as Federal as Federal Express…which means that it’s not federal at all. It’s a private cabal that lines the pockets of the worlds “ultra elite” through massive criminal activity and should ultimately be abolished… and the crooks that profit from our misery should be thrown in jail for life!
Two: I would place the US dollar back on a limited version of the gold standard immediately, and reverse the amazingly poor decision made in 1973, when Nixon removed all of gold’s backing from our currency. Then, over a 50 year period I would mandate that 25% of all money in circulation must be backed directly by gold. This move would reduce interest rates by 50% overnight, increase lending to consumers by 300%, and would have real estate prices appreciating across the board NOW…and for decades to come.
Three: I would eliminate “naked short selling” and make these crooks immediately cover their short positions so that Wall Street thieves couldn’t drive otherwise healthy companies into total and complete bankruptcy. This criminal short selling would be eliminated in less than an hour and we would see share prices rise by 10% in a single day…. and over 25% in 30 days. The fact that this has not already been done tells us that the foxes are guarding the hen house!
Four: I would make it a crime (criminal not civil) to issue derivatives that do not directly add to the well being and health of a particular industry or commodity. Derivatives make a lot of sense for a farmer that is hedging against a bad crop season, but they make no sense when used by financial institutions that are using them to increase their returns by 2% per year, while placing the entire financial system as we know it at risk.
Five: I would remove all barriers to trade, and open the markets entirely so that a true ‘free enterprise” system could develop once and for all. Protectionism is the enemy of the entrepreneur, and once removed allows prices to move based purely on supply and demand. This allows businesses to make decisions based in what really works, pure and simple, instead of some government mumbo-jumbo about “protecting us” from international competition.
Where we go from here will be interesting to watch. This has the feel of a total selling climax, which gives us the massive negativity that we need to finally reach a contrarian bottom. The next few days will tell us if this is the case, so stay tuned.
Good luck to all as we work our way out of this mess caused by our idiot decision makers in the government, and by the criminals at the FED.
Thursday, September 18, 2008
Monday, September 8, 2008
The Entrepreneurial Mindset
Copyright © Jeremy Sandy
millionaireby2012.com
Does your mindset really matter?
A home-based business requires extra time, motivation, and commitment from you. In most cases the person running the business is doing so alone or with very limited help. It is because of this that it is very crucial for you to have the desire to succeed.
In order for your business to flourish, you must flourish both mentally and physically. You will not be able to run your business if you are physically sick and you can't give your business everything that it needs if you are mentally negative. Physical fitness generates mental toughness. Similarly, you can reinforce a "nothing will stop me" mindset by challenging yourself in your athletic endeavours or physical fitness routine.
A positive mindset is imperative to the success of your home-based business. A positive mindset is so necessary because of the Law of Attraction. In simple terms, you will get what you expect to get. Before you can create a successful home-based business, you have to form a clear vision of what you want your home-based business to become. If you consistently think and hope for a mediocre business then you are likely to get that, or even less.
Aim as high as you possibly can so that even if you fall short of your dream, your chances of success are still great. Thinking positively stimulates your emotions and this helps to excite your creative spirit. Your brain responds to stimuli. Subject yourself to positive stimuli and avoid the negative stimuli. You will start beginning to see more things as possible. Read the success stories of others who came before you. The more you experience the positive mindset of successful people, the more you will see yourself on the same path of success. Those who expect negative things to happen, often experience negative things and fail as a result. A home-based entrepreneur who has a negative mindset is more likely to give up on their business the moment that a problem presents itself because it will be seen as a road block and impossible to pass. A home-based entrepreneur who has a positive mindset is likely to achieve success. Having a positive mindset does not mean that your journey will be free of problems, but someone with a positive mindset will find a way to conquer them. While it is not possible to cleanse yourself of all negative thoughts and influences in your life, it is possible to restrict them.
How does a home-based entrepreneur keep a positive mindset, especially when you don't have a strong support system? Begin by staying clear of people who don't support your home-based business and attempt to degrade you by making negative comments. You must also stay positive so that when you are met with opposition you are able to dispel it. If you begin to second guess your abilities as a home-based business owner because you let what other people say affect you, then you will not succeed. Keep in mind that the success of your home-based business is dependent upon you. This is why it is crucial for you to stay positive in all situations. There are problems and setbacks in everyone's career. It is not so much how many problems that you face that will determine the success of your business. It is your ability to surpass these unfortunate events that determines how profitable your home-based business will become.
In order to have success, you have to believe that nothing can stop you from achieving your goals. You won't always get what you want, but most often you get what you expect. As a home-based entrepreneur you should be consistently expecting prosperity, wealth, and overall success. Even if success doesn't come to you in the ways that you expect, your positive mindset can help you to put more allegiance in your home-based business and new opportunities will be abound. A positive mindset does not promise success by itself, but it will help you to achieve it. Plan carefully, be patient, and retain a positive mindset through everything and you will become a success.
millionaireby2012.com
Does your mindset really matter?
A home-based business requires extra time, motivation, and commitment from you. In most cases the person running the business is doing so alone or with very limited help. It is because of this that it is very crucial for you to have the desire to succeed.
In order for your business to flourish, you must flourish both mentally and physically. You will not be able to run your business if you are physically sick and you can't give your business everything that it needs if you are mentally negative. Physical fitness generates mental toughness. Similarly, you can reinforce a "nothing will stop me" mindset by challenging yourself in your athletic endeavours or physical fitness routine.
A positive mindset is imperative to the success of your home-based business. A positive mindset is so necessary because of the Law of Attraction. In simple terms, you will get what you expect to get. Before you can create a successful home-based business, you have to form a clear vision of what you want your home-based business to become. If you consistently think and hope for a mediocre business then you are likely to get that, or even less.
Aim as high as you possibly can so that even if you fall short of your dream, your chances of success are still great. Thinking positively stimulates your emotions and this helps to excite your creative spirit. Your brain responds to stimuli. Subject yourself to positive stimuli and avoid the negative stimuli. You will start beginning to see more things as possible. Read the success stories of others who came before you. The more you experience the positive mindset of successful people, the more you will see yourself on the same path of success. Those who expect negative things to happen, often experience negative things and fail as a result. A home-based entrepreneur who has a negative mindset is more likely to give up on their business the moment that a problem presents itself because it will be seen as a road block and impossible to pass. A home-based entrepreneur who has a positive mindset is likely to achieve success. Having a positive mindset does not mean that your journey will be free of problems, but someone with a positive mindset will find a way to conquer them. While it is not possible to cleanse yourself of all negative thoughts and influences in your life, it is possible to restrict them.
How does a home-based entrepreneur keep a positive mindset, especially when you don't have a strong support system? Begin by staying clear of people who don't support your home-based business and attempt to degrade you by making negative comments. You must also stay positive so that when you are met with opposition you are able to dispel it. If you begin to second guess your abilities as a home-based business owner because you let what other people say affect you, then you will not succeed. Keep in mind that the success of your home-based business is dependent upon you. This is why it is crucial for you to stay positive in all situations. There are problems and setbacks in everyone's career. It is not so much how many problems that you face that will determine the success of your business. It is your ability to surpass these unfortunate events that determines how profitable your home-based business will become.
In order to have success, you have to believe that nothing can stop you from achieving your goals. You won't always get what you want, but most often you get what you expect. As a home-based entrepreneur you should be consistently expecting prosperity, wealth, and overall success. Even if success doesn't come to you in the ways that you expect, your positive mindset can help you to put more allegiance in your home-based business and new opportunities will be abound. A positive mindset does not promise success by itself, but it will help you to achieve it. Plan carefully, be patient, and retain a positive mindset through everything and you will become a success.
Saturday, September 6, 2008
The Value of Your Relationships
Copyright © Jeremy Sandy
millionaireby2012.com
What good is your life if you have no one to share it with?
We are all seeking something better in life. A better house, a better car, and a better job. We want a cure for cancer, end world hunger, and bring global peace. All of these are sought after every day, and all of them would make someones life better. Still, what good is any of it if you have no one to share it with? Hence the need for our relationships.
Time, effort, and imagination must be summoned constantly to keep any relationship flourishing and growing. Grow your relationships, and you will grow your life.
Relationships are the backbone of our existence. We need to cultivate them as best we can. When you are on your deathbed, you want your family there with you, sending you on your journey. That is the sign of an excellent life. You can gain every possession in the world, but if you lose your relationships, what good has your life been? What legacy have you left and to whom did you leave it to?
Spend more time with your spouse. Spend more time with your children. Spend more time with your friends. Remember, life is always about the relationships and the way to build relationships is by giving them time. Relationships are a simple process really. You get what you give. The more you put into your relationships, the more you get out of them.
Obtaining and maintaining your relationships is not always easy. It takes effort to make the time. It takes effort to put up with another person's faults. It takes effort to utilize yourself to make your relationships everlasting.
Imagination just means that you have to see with your imagination what the relationship could be. Use your imagination to take your spouse out for a date like you used to. Use your imagination to plan a fantastic vacation for your family. Use the creativity that you use on the job to be successful in your family, even you might be amazed at the results.
It is time to make your life everything that it is supposed to be. Put these simple practices into motion and you will watch your life become greater than you thought possible.
millionaireby2012.com
What good is your life if you have no one to share it with?
We are all seeking something better in life. A better house, a better car, and a better job. We want a cure for cancer, end world hunger, and bring global peace. All of these are sought after every day, and all of them would make someones life better. Still, what good is any of it if you have no one to share it with? Hence the need for our relationships.
Time, effort, and imagination must be summoned constantly to keep any relationship flourishing and growing. Grow your relationships, and you will grow your life.
Relationships are the backbone of our existence. We need to cultivate them as best we can. When you are on your deathbed, you want your family there with you, sending you on your journey. That is the sign of an excellent life. You can gain every possession in the world, but if you lose your relationships, what good has your life been? What legacy have you left and to whom did you leave it to?
Spend more time with your spouse. Spend more time with your children. Spend more time with your friends. Remember, life is always about the relationships and the way to build relationships is by giving them time. Relationships are a simple process really. You get what you give. The more you put into your relationships, the more you get out of them.
Obtaining and maintaining your relationships is not always easy. It takes effort to make the time. It takes effort to put up with another person's faults. It takes effort to utilize yourself to make your relationships everlasting.
Imagination just means that you have to see with your imagination what the relationship could be. Use your imagination to take your spouse out for a date like you used to. Use your imagination to plan a fantastic vacation for your family. Use the creativity that you use on the job to be successful in your family, even you might be amazed at the results.
It is time to make your life everything that it is supposed to be. Put these simple practices into motion and you will watch your life become greater than you thought possible.
Tuesday, September 2, 2008
Your sales pitch is not working
Copyright © Jeremy Sandy
millionaireby2012.com
Why today's society has little patience for you
You want to be successful at what you are doing, right? So you come up with some product or service that you think a lot of people would want to buy. You know that nobody will buy the product or service unless they know about it. So you start marketing and advertising your product or service. You do everything you can think of to get in front of consumers. You quickly find that most people are frustrated with you, because you are wasting their valuable time. People are yelling at you, hanging up on you, and telling you where you can stick it.
Companies today have come up with so many filters and labels that they market to you exactly what they think you will buy. It is an information tidal wave and it is headed straight at all of us. They know what you eat, what you wear, the car you drive, your favorite sandwich, your leisure activities, and how many hairs on your head. They know exactly what you will buy, and they want you to buy it from them.
People today don't want to be bothered with anything anyone is trying to sell them. Many things have gone into effect to protect consumers from this tidal wave of information coming straight at them. From pop-up blockers to the do not call registry to spam filters, everyone wants to be left alone and not bothered with you or your product or service. So now you are left with no way to reach your potential customers, right? Wrong!
The internet is a virtual playground for almost everyone today. This means that your potential customers are using the internet and are waiting for you to show them your product or service. 'But Jeremy, how do I reach these people if they don't want to be bothered or spammed or called?' That is an excellent question and one that has a very simple answer. You don't approach these people with your sales pitch. You have them approach you.
People are very open and responsive when they are seeking an answer to their problems or want to know more about a specific subject. You make yourself what other people are looking for. It is a simple process called attraction marketing, and it works. I do not cold call anyone. I do not stop everyone within three feet of me and pitch my product to them. I do not chase leads. They chase me. Your leads can chase you, too. You just have to learn how.
Using this methodology that I like to call rejection free marketing, you too can see success where you have failed in the past. You just have to do it. It is that simple.
For more information about Jeremy Sandy or his home business, visit millionaireby2012.com
millionaireby2012.com
Why today's society has little patience for you
You want to be successful at what you are doing, right? So you come up with some product or service that you think a lot of people would want to buy. You know that nobody will buy the product or service unless they know about it. So you start marketing and advertising your product or service. You do everything you can think of to get in front of consumers. You quickly find that most people are frustrated with you, because you are wasting their valuable time. People are yelling at you, hanging up on you, and telling you where you can stick it.
Companies today have come up with so many filters and labels that they market to you exactly what they think you will buy. It is an information tidal wave and it is headed straight at all of us. They know what you eat, what you wear, the car you drive, your favorite sandwich, your leisure activities, and how many hairs on your head. They know exactly what you will buy, and they want you to buy it from them.
People today don't want to be bothered with anything anyone is trying to sell them. Many things have gone into effect to protect consumers from this tidal wave of information coming straight at them. From pop-up blockers to the do not call registry to spam filters, everyone wants to be left alone and not bothered with you or your product or service. So now you are left with no way to reach your potential customers, right? Wrong!
The internet is a virtual playground for almost everyone today. This means that your potential customers are using the internet and are waiting for you to show them your product or service. 'But Jeremy, how do I reach these people if they don't want to be bothered or spammed or called?' That is an excellent question and one that has a very simple answer. You don't approach these people with your sales pitch. You have them approach you.
People are very open and responsive when they are seeking an answer to their problems or want to know more about a specific subject. You make yourself what other people are looking for. It is a simple process called attraction marketing, and it works. I do not cold call anyone. I do not stop everyone within three feet of me and pitch my product to them. I do not chase leads. They chase me. Your leads can chase you, too. You just have to learn how.
Using this methodology that I like to call rejection free marketing, you too can see success where you have failed in the past. You just have to do it. It is that simple.
For more information about Jeremy Sandy or his home business, visit millionaireby2012.com
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