People around the world are worried about what's happening in the
United States. China just announced that they are to stop investing,
or loaning money to American banks and lending institutions. Here is a
quote from one of the many online news sites, "Chinese regulators have
told domestic banks to stop interbank lending to U.S. financial
institutions to prevent possible losses during the financial crisis,
the South China Morning Post reported on Thursday, Sept. 25, 2008."
Why starting a home business may be the best bailout plan available
for you. Here's how I got there!
In a newsletter I received from The Research and Editorial Staff of
The Association for Investor Awareness, Inc. (AIA), on September 25,
2008, they give no evidence that the "proposed bailout plan WILL
work." There is a lot of skepticism on both sides of the aisle;
proponents for the bailout plan say it's the same plan that saved
Japan and the U.S. at various times:
"Many economists believe that Uncle Sam's $700 billion cash
transfusion to our financial service industry will keep many essential
firms alive to provide the credit the economy requires. The proponents
also believe that we will eventually grow our way out of the hole, and
everybody's books -including Uncle Sam's - will be balanced again.
There is precedent for believing that the bailout plan will work.
Japan used it after its soaring real estate market collapsed in the
1980's and the country's banks went into a death spiral. Although the
country subsequently endured a 12 year recession, it wasn't
particularly hard on its citizens. In any event, the long recession
was infinitely better than the depression that might have otherwise
been Japan's fate.
Big cash infusions also rescued the U.S. economy at various times in
the past. For example, the Great Depression dragged on for over a
decade until preparations for WW-2 flooded the economy with money. The
theory goes that using the same technique early in a downturn can
prevent it from starting in the first place. "(1)
Sounds like this is the only thing that will save the U.S. economy and
prevent a depression, or at least, a deep recession. I don't know
about you but I tend to lean towards the pessimistic side, the side of
"we the people" have to take care of our selves. Uncle Sam, with their
excessive spending and idiotic plans, has caused the mess we are in
today. I'm not in favor of the government letting this country sink
into deeper debt because of the incompetency of the multi-millionaire
corporate execs that made some bad decisions. I'm relying on my home
business for financial security, NOT the federal government.
This proposed bailout plan, in my opinion, is like using a band aid to
reattach a severed limb. It may slow down the bleeding, but I don't
believe it will ever solve the crisis we are currently in, without
some major surgery.
Additional quote from the AIA, "Critics of the Treasury's rescue plan
believe the bailouts will only delay more bank failures and a sharp
recession by a few months. The most vocal naysayers are adamant that
the delay will make the inevitable problems worse. They also insist
that the bailouts will put the Treasury in the same dire straits as
the industry it is trying to rescue.
Furthermore, the bailout opponents argue, since the government will
ultimately get the money from the American people, the rescue plan
represents a gigantic case of robbing Peter to pay Paul. The critics
go on to cite many examples where the hot potato game of passing the
debt didn't end happily." (1)
Everyone is entitled to their own opinion. This is a free country (but
maybe not for long); so the time to make a decision as a citizen of
this (once) "great country". Are you going to sit by and rely on the
government to take care of you, or are you going to take action and do
something about it?
Although there is little that individuals can do that will have any
effect on the national crisis, we can at least protect ourselves.
Starting a home business may be the best choice you will ever make.
You can sit back and wait to see what happens, or you can start a home
business today, and begin controlling your financial future.
To learn more about a home business opportunity that will sustain in
the long term, go to http://contactus.tomorrowshomebusiness.com, fill
out the form, and come to our online live business presentation.
Jeffrey Sloe, Internet Marketing Advisor
440-725-3729
jeff@internetmarketingadvisors.net
http://contactus.tomorrowshomebusiness.com
(1) Resources:
http://investorawareness.org/the-aia-advocate/week-of-09-25-08/
--
Ken Burt SEO19
Ph 1 306 793 4321
Skype ID: kenburt52
Al Gonzales http://808ebiz.com
Trivita http://trivitasite.com
Utube http://thbmovie.virtual100.com
Tomorrows Home Business
http://tomorrowshomebusiness.butchhamilton.com
United States. China just announced that they are to stop investing,
or loaning money to American banks and lending institutions. Here is a
quote from one of the many online news sites, "Chinese regulators have
told domestic banks to stop interbank lending to U.S. financial
institutions to prevent possible losses during the financial crisis,
the South China Morning Post reported on Thursday, Sept. 25, 2008."
Why starting a home business may be the best bailout plan available
for you. Here's how I got there!
In a newsletter I received from The Research and Editorial Staff of
The Association for Investor Awareness, Inc. (AIA), on September 25,
2008, they give no evidence that the "proposed bailout plan WILL
work." There is a lot of skepticism on both sides of the aisle;
proponents for the bailout plan say it's the same plan that saved
Japan and the U.S. at various times:
"Many economists believe that Uncle Sam's $700 billion cash
transfusion to our financial service industry will keep many essential
firms alive to provide the credit the economy requires. The proponents
also believe that we will eventually grow our way out of the hole, and
everybody's books -including Uncle Sam's - will be balanced again.
There is precedent for believing that the bailout plan will work.
Japan used it after its soaring real estate market collapsed in the
1980's and the country's banks went into a death spiral. Although the
country subsequently endured a 12 year recession, it wasn't
particularly hard on its citizens. In any event, the long recession
was infinitely better than the depression that might have otherwise
been Japan's fate.
Big cash infusions also rescued the U.S. economy at various times in
the past. For example, the Great Depression dragged on for over a
decade until preparations for WW-2 flooded the economy with money. The
theory goes that using the same technique early in a downturn can
prevent it from starting in the first place. "(1)
Sounds like this is the only thing that will save the U.S. economy and
prevent a depression, or at least, a deep recession. I don't know
about you but I tend to lean towards the pessimistic side, the side of
"we the people" have to take care of our selves. Uncle Sam, with their
excessive spending and idiotic plans, has caused the mess we are in
today. I'm not in favor of the government letting this country sink
into deeper debt because of the incompetency of the multi-millionaire
corporate execs that made some bad decisions. I'm relying on my home
business for financial security, NOT the federal government.
This proposed bailout plan, in my opinion, is like using a band aid to
reattach a severed limb. It may slow down the bleeding, but I don't
believe it will ever solve the crisis we are currently in, without
some major surgery.
Additional quote from the AIA, "Critics of the Treasury's rescue plan
believe the bailouts will only delay more bank failures and a sharp
recession by a few months. The most vocal naysayers are adamant that
the delay will make the inevitable problems worse. They also insist
that the bailouts will put the Treasury in the same dire straits as
the industry it is trying to rescue.
Furthermore, the bailout opponents argue, since the government will
ultimately get the money from the American people, the rescue plan
represents a gigantic case of robbing Peter to pay Paul. The critics
go on to cite many examples where the hot potato game of passing the
debt didn't end happily." (1)
Everyone is entitled to their own opinion. This is a free country (but
maybe not for long); so the time to make a decision as a citizen of
this (once) "great country". Are you going to sit by and rely on the
government to take care of you, or are you going to take action and do
something about it?
Although there is little that individuals can do that will have any
effect on the national crisis, we can at least protect ourselves.
Starting a home business may be the best choice you will ever make.
You can sit back and wait to see what happens, or you can start a home
business today, and begin controlling your financial future.
To learn more about a home business opportunity that will sustain in
the long term, go to http://contactus.tomorrowshomebusiness.com, fill
out the form, and come to our online live business presentation.
Jeffrey Sloe, Internet Marketing Advisor
440-725-3729
jeff@internetmarketingadvisors.net
http://contactus.tomorrowshomebusiness.com
(1) Resources:
http://investorawareness.org/the-aia-advocate/week-of-09-25-08/
--
Ken Burt SEO19
Ph 1 306 793 4321
Skype ID: kenburt52
Al Gonzales http://808ebiz.com
Trivita http://trivitasite.com
Utube http://thbmovie.virtual100.com
Tomorrows Home Business
http://tomorrowshomebusiness.butchhamilton.com
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