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How to overcome the recession: Be persistent, and read Smith, Greenspan, Machiaevlli


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Welcome to my heart beating, Greenspan, Adam Smith, free market embracing thoughts.

This is a guide to getting by in 2009, from what a school teacher, Iraqi veteran and one who seeks a being like Buddha, selflessness!

First of all, if you have not read or downloaded "The Age of Turbulence" by former Federal Reserve Chairman Alan Greespan, than go to emusic or amazon, and get the ‘DL" (Down Load). Second, it is time America embraces the idea of an open market place within the Automotive Industry. If you are not keeping up with the news, the Supreme Court just stymied the sale of Chrysler to Fiat because the share holders won’t get their pensions. The truth is, even if this action is slowed down, it is going to happen. The result will be thousands of shareholders will not get their full due.

Enough about that, but the point is, there are states full of plants shutting down right? Well these states and their lawmakers should be engaging the Chinese and Indian Auto Makers. If not thousands of these potential jobs will go to Mexico, Canada, Central America and yes even Russia. Now how does this pertain to you? Well it does because you have the power to influence lawmakers with your blogs, phone calls, emails or rallys. Another general election for most states is around 2010. By allowing your voice to heard, your lawmakers will have to react one way or another to your interests. In my state is there is a 9 percent unemployment rate. I have petitioned my Mayor, Governor, and State Senators to pursue economic automotive ties with these countries. Here is the problem; If I own Chyler (a Chinese Auto Company), and if I can build a car for five thousand in China, than why I am going to want to come over to the states and build. Well, the set infrastructure in some states are already here after GM, Chrysler and other plants continue to close. Then our lawmakers are going to have to figure out how to deal with the UAW. Simple, we can’t make a car in the U.S. anymore that pays its’ laborers 35-75 dollars an hour and all the healthcare benefits which GM’s workers are used to.

Nonetheless like our automakers, must adapt, overcome, and find new ways of gaining income using existing infrastructure or skills. Second, go out there and knock on doors, go over to China, or email, call, write and make yourself known. As an author, I can’t tell you how many "Not Interested"

As Greenspan talk it, we are in "Market Globalization." The government cannot save you or pay your light bill. This recent "Stimulus Package" are mere window dressings to the common American. We did not get what we truly needed, a "New Deal" with the government sponsoring growth in social development projects, or confidence from the banking industry. A few got richer, and the rest, poorer and more disenfranchised. If you call me misinformed, go to you-tube and well do your own homework. I dare not blog what you will find there due to the controversy it might start.

I always here people mean and groan about the job market. Well there is the Internet, there is the phone and your resume. It is all out there, waiting on you to use that potential energy. Look at Lincoln, Truman, F.D.R., they all lost elections. Truman even went bankrupt over his Men’s Shop went bust after the First World War. Then look at India, now making sporty cars which cost only 2.5K. Again fueling the need to petition its business to invest here. You cannot take "No" personal. As Andrew Carnegie (one of the world’s first billionaire Industrialists) and President Calvin Coolidge once said "You Can’t Take the Place of Persistence." Talent will not, good looks will not, luck will not. If you commit yourself everyday to find more ways to make money, or find that dream job you always wanted, if you want it bad enough, then you will get it. My late father always told me "Son, Low Aim, Not Failure, is the Crime!"

Thus, you have in your hands to ability to make your dreams occur. The Internet, aside from God and your mind, is the greatest tool man has ever used. What separates the men from the boys is the WILL to succeed. How much do you yearn for success? Inaction produces nothing (according to Greenspan). Positive incentives are far more impacting than fear, again thanks to Greenspan. So if you are afraid of rejection, like Dennis Leary once said (an actor-comedian) "Life Sucks, Get a )$%% Helmet!" What happened to the 80s expression "Go For IT!" The TIme is now America, let’s pull ourselves up out of this slumber, and make our own way. This is what fueled the Industrial Revolution in England. Not long after the government of Great Britain stopped giving social payments to the unemployed, this great output of Industrial labor occurred and history was made.

Another tidbit from Greenspan; He said that every three years companies like Apple in Silicon Valley have to revamp their products and industries every three years. So go after that other degree, even if you take only a course at a time. Watch out for those fraudulent ads out there, junk bonds, and Hedgefunds. Gold is a sound investment, and steady in the invest arena. Look at Euroean Futures, and do your homework before you buy or sell on Scottstrade. Be your own coach, you can Win if you have the desire and the stamina. Look at Darwin’s Theory of Natural Selection relating to Survival of The Fittest. Be the Tiger, not the lamb out there and read "The Prince" by Mackevelli!

This is Cole Bolchoz (aka TOC The Observer Cole, or "Doc") signing out!

 


Disclaimer: Material on this Website is provided for informational purposes only. It is not a substitute for professional financial or investment advice. Information on this Website is general as it can not address each individual's financial situation and needs. [more]
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