The impending Age Of Abundance was prophecied in the scriptures thousands of years ago.
Showing posts with label Ronald Reagan. Show all posts
Showing posts with label Ronald Reagan. Show all posts
Sunday, November 24, 2024
Wednesday, October 06, 2010
Another Trillion To Buy Real Estate?
Image via WikipediaI have not followed the Fed's corner of the house as closely as the president's corner, but I get the impression the Fed put a trillion into real estate already and is about to put another trillion into it. This sounds like madness. The wise guys on Wall Street cooked up nefarious schemes that inflated real estate prices, created a bubble, brought the economy down, and now the Fed is supposed to keep those artificially inflated prices propped up?
Why? Because a broken political system will not allow the president to instead pump a trillion into the 2010 version of the New Deal, but it will allow the unelected Fed chair to play around with a trillion dollars?
Many have speculated this is the Roman empire collapsing. Those who the gods seek to destroy, they first make them mad.
I am for a second stimulus bill of perhaps a trillion poured into drastic job creation.
And all the work of creating the global institutions for the next phase of globalization is yet to be done. There can be no real recovery without that.
Those who say this is like the Great Depression are right. Where they get it wrong is when they don't face the fact that now the entire world is a stage. It is one world. The reason people acted surprised when the bottom fell out was because they had their US goggles on. Put on world goggles. Then you can see.
Can a democracy make its people lose weight? That is the challenge. Instead the democracy continues to gorge on French fries and tea parties. Some hard choices are going to have to be made.
BusinessWeek
Germany At 20: Special Report
Germany's Growth: New Rules, Old Companies: As most developed nations stumble in the race against emerging nations, here's how Germany has succeeded in keeping skilled labor working in good jobs....($3.23 trillion) gross domestic product .... , labor market measures begun in 2003 under Chancellor Gerhard Schröder made it easier to hire and fire workers, and Germany's Mittelstand have proved nimble competitors ...... German labor unions gave up wage increases in return for job security. ..... The Mittelstand companies, which typically employ fewer than 500 workers, comprise more than 70 percent of German workers and contribute roughly half of the country's GDP. The Mittelstand also embodies the German approach to business practice—paternalistic, consensual, conservative, and arguably more effective over the long haul than what Germans sometimes dismiss as American-style cowboy capitalism...... Mittelstand companies have emerged as successful models in an era of globalization—agile creatures darting between the legs of the multinational monsters..... Rather than firing workers, companies reduced hours, saving almost half a million jobs. ..... a system of worktime accounts that enabled employees to work fewer hours without a reduction in pay, in exchange for promising to work more hours without a salary increase when business picks up..... By May of this year, unemployment in Germany was at 7 percent, a 17-year low..... they prefer bank loans to selling bonds or issuing stock ..... it was wage restraint over the last 10 years that's responsible for Germany's success
Goldman Sachs Says U.S. Economy May Be ‘Fairly Bad’: “A fairly bad one in which the economy grows at a 1 1/2 percent to 2 percent rate through the middle of next year and the unemployment rate rises moderately to 10 percent, and a very bad one in which the economy returns to an outright recession.” ...... The Fed bought $1.7 trillion worth of Treasury and mortgage debt in a program that ended in March. The purchases helped push mortgage rates to historic lows. ... Bernanke said Oct. 4 that restarting large- scale asset purchases would probably spur growth
China Hardens Opposition Over Yuan Gains, Tells EU to Back Off: “Europe shouldn’t join the choir” ..... If we increase the yuan by 20-40 percent as some people are calling for, many of our factories will shut down and society will be in turmoil.” ..... Brazilian Finance Minister Guido Mantega warned of a global “currency war.”
Book Excerpt: The Mesh
India Can Help Obama Reach Export Goal: The last time U.S. exports doubled in five years was 1981-1986, when Ronald Reagan was President—and Japan, not China, was the economy Americans feared most. ..... China, India, Brazil, Canada, and Mexico. ..... the Indian economy is the world's fourth-wealthiest—based on purchasing power parity—after the U.S., Japan, and China. ....... the country will keep growing at close to 10 percent in the next decade ..... "Do you have a favorable or unfavorable view of the U.S.?" Some 76 percent of Indian citizens responded affirmatively. ..... Americans are better-liked in India than almost anywhere else in the world ........ Today the U.S. is the world's breadbasket. In India you will find Washington State apples as well as California almonds and pistachios ..... India now hopes for a trillion-dollar upgrade of roads, bridges, power plants, harbors and more. .... Carter was the last President to travel to India within two years of taking office
Volcker Says Nations May Face Prolonged Unemployment: the U.S. and other developed nations face the prospect of protracted joblessness. ..... “This has not been an ordinary recession,” Volcker, 83, said today in a speech in Toronto. It’s “very difficult to find a sector in the American economy that has any spark to it” ..... the Chinese are stuck with dollars and we’re stuck with indebtedness.”
Friday, June 04, 2010
Internet Week: Going To Three Events So Far
Image via WikipediaThe Biggest NY Tech MeetUp Ever?
NYU Skirball Center for the Performing Arts
566 Laguardia Place
New York, NY 10012
A few minutes back I got an email from Neha Chauhan. She hosted the best panel of all events I went to during Social Media Week. And there is also that ethnic pride thing. So I signed up for the Women In Tech Media Conference. That is Monday evening.
Monday, June 07, 2010 from 7:00 PM - 9:00 PM (ET)
277 Park Avenue
2nd Floor
New York, NY 10172
Reshma 2010, Square, And Pro.Act.Ly
Social Media Week: The Best NY Tech MeetUp Ever
Email marketing works.
So far I have resisted the Ignite event. The pull is strong, I must admit.
I signed up for the World Cup party. Okay, I don't need convincing there.
Saturday, June 12, 2010 from 1:00 PM - 6:00 PM (ET)
The Parlour Bar
250 West 86th Street (at Broadway)
Downstairs
New York, NY 10024
"A tree is a tree, how many do you need to look at?"
- Ronald Reagan
A party is a party, how many do you need to go to?
![Reblog this post [with Zemanta]](https://lh3.googleusercontent.com/blogger_img_proxy/AEn0k_tGJcvkgngVkvAA4U0_KKDsm56GdETfHaXpL5k8pPIpZQo4PMvnJHDvfzfk5SEYD-l5-KXqFCaBYh7IrLJdJZaUw4mejg03Ko2TWCtadlw47NysUekFuM8vLVUKEOWnnq3Z97UXXzgiXtpUqgz1Tqgo=s0-d)
Subscribe to:
Posts (Atom)