Writing Your Own Money

November 19, 2009 at 6:29 AM (economy) (, , , , , , , , , , , )

New Wellness Resurgence Video yesterday. This one is short and about a simple tool that can help your financial health.  Check it out here:

If you are interested, the link is here: Demand Studios

Here is my eHow profile page if you want examples: http://www.ehow.com/members/ds_47eb4492-9d1d-465a-9dde-f8c95ceee645.html

Enjoy

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The End of the Recession?

October 29, 2009 at 9:00 AM (economy) (, , , , , , , , , , , , , )

This morning I open my Blastoff page (a great service, check it out on my link to the right) and the news pops up.  I see the following heading: “Economy grows in 3Q, signals end of recession”.  What a freakin load of BS.  This recession is not anywhere near over.  In fact it is on its way to a DEPRESSION.  One single number grows a little bit and they point the spotlight on it and say everything is hunky dory.  What a load of crap.

Look at the unemployment rate.  IT’S STILL GOING UP!  On top of that the numbers have been sugar coated.  We see this number 9.8% but that doesn’t include people who are chronically unemployed (they’ve been unemployed for a long time) or people who are underemployed (part time looking for full time, people who’ve had a reduction in hours or pay).  By the time the recession ends that number will be upwards of 75%.

Also look at the value of the dollar.  It keeps going down.  And we keep printing more, and more and we aren’t going the right direction.

The fact is that we are in this for at least another year or two. I’ve been talking with a client who works for PG&E (Pacific Gas and Electric) which has a regional monopoly.  They’re about to have some layoffs.  Monopolies are having layoffs too.  Things are bad and they haven’t hit the bottom yet.

What can you do?  The best things you could do is reduce your output, pay off debt, and if possible increase your income.  I will post more information on those in the coming weeks.  Do not lose heart, you will make it through this, its just not going to be over as soon as we’d like.  Keep faith and God Bless.

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