Why isn't Wall Street Bailing us out?

In 2008 Wall Street received a bailout to recover from catastrophic losses caused by sub-prime mortgages. The so-called "mother of all bailouts," transferred $700 billion taxpayer dollars to purchase the distressed assets of several failed financial institutions. Eventually the banks and the markets returned to a somewhat normal state.
Fast forward to 2011 and when the U.S. government is struggling to pay its bills and is facing default. The word on the street is that with the prime rate frozen at an all time low, lenders are sitting on their funds, bloated with cash while borrowers struggle to get funds to grow their businesses and help grow the economy.
Shouldn’t the American public expect some help from these lenders? All I am hearing is that we shouldn’t be raising taxes on the rich. That will hurt the economy. Who’s economy? It sounds like there is one for the rich and one for everyone else!

An Interesting Leadership Video from Derek Sivers

An interesting leadership video from Derek Sivers

check it out

http://sivers.org/ff

Let me know what you think......

Something for Free That's Really Worth Something

It's not very often that you have an opportunity to listen to really good advice coming directly from someone that is a huge success. Derek Sivers is a musician, techno-geek entrepreneur who recently sold his business, CD-Baby.com for $22 million. His initial investment was around $500. But I'll let him talk to you about that.

The really amazing part for me was how "AppSumo.com offered me an opportunity to experience Sivers' CD for free. Just go to AppSumo.com and click on "Deals", "Free Deals".

Also, check out sivers.org.

Let me know what you think.

AppSumo

S&P cuts U.S. Credit Rating

AP: S&P Cuts U.S. Credit Rating to AA+.

John Harwood from MSNBC says it will not effect our economy!

Let's see what happens!

Survey Says!....You are too old for us to care!

My wife and I took a cruise last year. It was very nice trip that I would be happy to give a positive review on. We received an online survey this week for the cruise. I clicked on the link and I was asked for my date of birth. Normally I would not give that information but I trust this cruise line having spent more than 4 vacations on board. When I entered my d.o.b. I was instantly transferred out of the survey to a another site that was pitching cruises.
What is up with that? Am I in an age bracket that doesn't merit opinions?

Congressional Reform Act of 2011

“The Constitution is not an instrument for the government to restrain the people, it is an instrument for the people to restrain the government - lest it come to dominate our lives and interests .”
- Patrick Henry -

The 26th amendment (granting the right to vote for 18 year-olds) took only 3 months & 8 days to be ratified! Why? Simple! Because the people demanded it. That was in 1971...before computers, before e-mail, before cell phones, etc.

Of the 27 amendments to the Constitution, seven (7) took 1 year or less to become law of the land...all because of public pressure.
In three days, most people in The United States of America will have the message. This is one idea that really should be passed around.
Congressional Reform Act of 2011

1. No Tenure - No Pension.
A Congressman collects a salary while in office and receives no pay when they are out of office.
2. Congress (past, present & future) participates in Social Security.
All funds in the Congressional retirement fund move to the Social Security system immediately. All future funds flow into the Social Security system, and Congress participates with the American people. It may not be used for any other purpose.
3. Congress can purchase their own retirement plan, just as all Americans do.
4. Congress will no longer vote themselves a pay raise. Congressional pay will rise by the lower of CPI or 3%.
5. Congress loses their current health care system and participates in the same health care system as the American people.
6. Congress must equally abide by all laws they impose on the American people.
7. All contracts with past and present Congressmen are void effective 1/1/12.
The American people did not make this contract with Congressmen. Congressmen made all these contracts for themselves. Serving in Congress is an honor, not a career. The founding fathers envisioned citizen legislators, so ours should serve their term(s), then go home and back to work.

If each person contacts a minimum of twenty people then it will only take three days for most people (in the U.S.) to receive the message. Maybe it is time.

THIS IS HOW YOU FIX CONGRESS!!!!!

Patricia, Thanks for your contribution!