Sunday, September 21, 2008

inflation is imminent!!!!

banks are failing, insurance firms need money, the housing market is at rock bottom and still falling!!!! what else can go wrong??? a hole lot!!!! i saw that day comming.....how didn't the FED. see the problem??? do they even know the cause of the problem?? there is not only one worm in the apple, there are 3 of them. i call one the TERMITE, he love eating up the housing sector. another is a head warm eating the sense out of the bank's CEO and the FED. and another is a tapeworm, causing greed and hunger in banks, all they want to do is eat your money.
the termite in the housing sector is one of the biggest problem. first of all, people love over valued houses when they know that they cannot afford it. why would you take a million dollar loan and pay $3,000 a month when your family income is $1,500 a month. thats plain stupid, then they blame the banks for "PREDATORY LENDING". if you're about to take a big step in life such as buying a house, i expect you to seek advice from people who knows more about finance if u don't. don't just go trust someone who is endorsing a loan. another problem in the housing sector was the people who cause the value of a house to go up, the "FLIPPERS". they buy a brand new house and flip it because it's not of their taste. spending money and using loans in the most case. if the house don't sell, the file for bankruptcy. they drive the price of the house up high and the value stays the same in the name of a profit.
what role does the CEO's and FED has to play in the current financial situation?? they are the ones who allow it to happen. ether the are blind or they just don't have sense. as a CEO, you responsibility is to keep a company profitable. giving loans to people who cannot afford without COLLATERAL is not an effective way to make profit. the role of the fed is to keep the money flowing in a way so that the economy could flourish. why would you allow banks to take advantage of the people in order to boost up their assets and credential?? in the expense of tax payers!!! that's sad.
now, the FEDs has a bigger problem on their hands, how could they prevent the (inevitable) inflation that will occurs after they loan AIG and all the other banks that the bail out of bankruptcy. in my views, they caused a bigger problem wile trying to solve one. if they had just let capitalism do it work, the economy would bounce back even faster than it went down. capitalism cannot fail!!! when the government intervaing with taxpayers money, they are screwing up, puting in billions of dollars in the economy will do nothing but devalue the US dollar and fail the hard working man an woman of America... why don't the FEDs take some of the assets form these banks and liquidate them to raise money for these banks??? why don't the just let CAPITALISM LEAVE???

Friday, July 25, 2008

the current economy

these are some serious times, with gas prices at an all time high, food price fluctuating violently, and the buying power of the US dollar$$$ at an all time low, other countries seem to be gain power. Countries like china, india and brazil seem to be growing rapidly and is becomming huge compitition to the US. all jobs seem to be going to them because they have the technology and the skills to do it. There still is hope for the US in this globalization movement, we need to bring back raganomics to stimulate the economy.
Raganomics involfe 4 main actions/policies, the ifrst is to reduce groth of the government spending. reducing the groth of spending would keep money inside the fedral reserve, cutting inflation drasticly. with a dolar this week, the economy cannot stand too much money circulating, this ould only cause more problems for the already week dolar. so the stimulus package didn't help the economy at all!!!
the second policy of raganomics is what that can truely stimulat the contry in a positive way. ie cutting on the INTEREST rate people. Cutting on the interest rate would influence spending and investments as a reasult there would be more circulation of goods and service and mor money available to put to new developements. would you keep your money in the bank when the rate is 3.o apr or in a stock that give u 5% interest.???
the most vital policy of reaganomics is to deregulate the economy. deregulating the economy would cause people to explore the different ways of makin money. at the same time producing job oppertunities for others. when i say deregulat the economy, i mean stop holding back the oil that is so abondon in the US. take off all restrictions on domestic oil drilling. properbly by doing that, someone would find an alternative energy souce. government should also let private industries come up with an alternative energy souse such as GM. they should not empose laws to regulat the amount of oil a car use or how FAST THAT CAR GO...
lets be real, lets take all of Marx's idears in our head such as, centralizing health care and face the fact that the it would simply devistate the health care system. lets give America its competitive power back, people of the world, these are some serious times, lets face it realisticly and not the dreamy way that the democrats ask us to...the owrld need us!!!

politics

well..don't hate but i am a black republican!!! as a young black man who is considering is concidering a carrear in the business fild, raganomics is my main reason for being republican. i am also a man of strong moral values therefore i don't suport these abomination happening aroud me such as; gay marriage (yes i said it), abotion,etc. a country build on the influence of relijion (IN GOD WE TRUST), should not condone such degrading, demoralizing, devilish behavior. as the strongest nation, we should set the standerd for others to fallow (because they dofallow wat we do), lets be a true democracy,(not a communist like the democrats want us to be) lets not use global warming as a scare tactic to lure people into a political party(scientice have proven that it is fake) lets not take back the helping hand that we handed out to the people of IRAQ (its like snatchin candy from a baby) , inseard, lets influence globalization which is imminent, lets keep the power that we have so that we can be a global police and prevent envents such as 9/11, lets keep the power in our hands because history has proven that they do nothing good with power.....power corupts them... listen to the man that schooled me all my life>>>BILL O"reilly<<<<<<