Category — Internal Musings
American Public Uprising?
Over 275 subprime lenders, Countrywide, Bear Stearns, Lehman Brothers, Merrill Lynch, Washington Mutual, Fannie Mae, Freddie Mac and now Wachovia……. getting bought out days before it would have to go the way of Lehman Brothers. The FDIC comes out to say that “Wachovia did not fail.” That is a major play on words.
The American public spoke today. I for one am getting tired of the “bailout talks.” Let the cards fall where they may. Giving $700 billion is nothing but a reward to those that got us in this mess. At what point would a rational person think there was a problem? After the 275 subprime lenders? It just did not have to go down this way. Why do taxpayers have to ante up? We did not do this. There are other ways to fix this situation and saving some executives butt is not something to which I am inclined to say yes.
I say, hell no to the bail out. There has been way to much saving face with Wachovia, Bear, WAMU and all the others.
September 29, 2008 2 Comments
Winning Your Race
What a great Super Bowl game! Eli Manning sure quieted the critics tonight. I am not fan of either team but I was rooting for the Giants to win. There were two big reminders for me tonight. The first would be no matter how hard you work, how hard you train, how many games or battles you win, if you do not take home the prize, all is lost. The New England Patriots had the opportunity to continue in the history books and lost in the final seconds.
When working a financial plan, I see all sorts of folks go out of the gates leading the race and somewhere along the line things seem to fall apart. Working a plan is a long and arduous process. It’s crucial that you are in constant contact with your coach (financial planner) and stay on course. Its very easy for folks to get “tired” in the 2nd and 4th quarters.
No one expected the Giants to win. They were underdogs according to every sports poll, broadcaster and viewers. Not only did they not expect the Giants to win but some expected the Pats to win pretty easily. After a lackluster finish last year, Tom Coughlin was on the cusp of losing his job. After the first two games of this year Eli Manning was about to be taken out and be stoned. EVERY publication and news show was telling him how bad he was a quarterback.
The second thing I was reminded. That everyone has the same opportunity to be successful in life. Every morning we get up and put our clothes on just like everyone else. So what separates the successful from the unsuccessful? Beliefs. What limiting beliefs are holding you back from achieving what you want most in life?
February 4, 2008 No Comments
