Chat Transcript – July 5, 2010

Posted on July 6, 2010 - Filed Under Chat Transcripts | Leave a Comment

Alan_Charleston,SC [b]I am ready!
kim Hi. Anyone in?
Alan_Charleston,SC [b]Hello Kim!
Alan_Charleston,SC [b]Hi Mike!
guysmiley Hi Mike!
kim Hi Mike
Mike_Summey Hi everyone!
Mike_Summey Looks like we have a few early birds.
Alan_Charleston,SC [b]Yes, a month is a long time
guysmiley We lucked out finding out about the chat tonight
Mike_Summey Roger may or may not be joining us. He is in China.
Mike_Summey Hi Rudolph
RudolphtheRed Hi Mike
Mike_Summey Any questions early before we get crowded?

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America Needs A Good Dose Of Economic Castor Oil

Posted on July 6, 2010 - Filed Under Success Tips Articles | Leave a Comment

The stock market is in chaos, banks and insurance companies are failing and there’s plenty of talk about sub-prime loans and mortgage backed securities. With talk about derivatives, libor, GSEs, and more, who can expect average working people to know what’s going on? Every time you turn on the television news or pick up a newspaper, there are stories about how the economy is taking a beating. It brings to mind the old fable about Chicken Little claiming, “The sky is falling.” Granted, the financial structure in this country is extremely complicated and can’t be taken lightly, but just as from a tiny acorn, a mighty oak tree grows, there has to be a seed from which our current mess has grown.

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