No Bailout
No Bailout: Wall Street vs. DubLi Home Business
Since the begin of 2008, Wall Street has lost over 4.2 Trillion of inverstment value. On the only day of yesterday, September 29, 2008, 1.2 Trillion have been lost. That's $1,200,000,000,000!
$1.2 Trillion is about the total annual business volume of Networking Businesses.
Who has lost on Wall Street? It's the shareholders. And who are the shareholders? That's a big mix of investors, namely institutional investors, such as pension funds, but also foreign funds (consider that Saudi Arabia is heavily invested in the Dow and S&P 500 holding about 6% of Wall Street value!). Then there are all the mutual funds where small investors' money suffers from the crises.
Sure there are a few companies and banks which have gone down as well as a bunch of Golden Parachutes and Handshakes which are the object of critical observations these days; but in the end, the consumer is the victim of the storm, in multiple ways.
Your savings are at risk, your mutual funds go down the drain, your pension funds will not be able to assure your planned retirement, your credit will become more expensive (if still available) and your Representatives are in front of the difficult question whether to mortgage your future with yet another burden of $700 billion.
No Bailout
The decision has been taken, at least on the first shot: no bailout! May be the pressure from the voters who directly or through the internet write to their Representatives has had it's effect. But then: if no action is taken, the situation for the normal citizen will get worse, even worse as we get closer to the eye of the cyclon.
The revenge of the drained middle class
Over the last 30 years, the prosperous middle class has been drained permanently by a political and economic system which was purely profit and greed oriented. While a family could live from one salary 40 years ago, today even two salaries are often not enough. 40 years ago there was little consumer credit and the home constituted an important family asset, while today it looks more like a debt burden.
Home Business has not been developing because Moms like to work, but because it became a necessity to add income to the family budget. The middle class has been leveled down to a credit ridden, squeezed out social class which preserves some appearances based on an ever faster spinning consumer credit spiral.
The middle class has often nothing to lose anymore as there are hardly any assets left and the few assets which had been placed in good faith at Wall Street are just evaporating like Scotch in the desert.
You cannot count on Polititians, nor on Wall Street, nor on the company you work for. In the end the only real thing that remains is YOU! Noone can ask you to be comprehensive and to agree to a bailout which will just slow down the process of adjusting the excess of 30 years of Lobbying and Wall Street gambling.
Yes, the party is over, but not the Peloso way only. The party must be over also for polititions who are closer to Lobbyists than to their constituants, the party is over for a whole system which was only money driven without any real purpose behind other than profit. In case of a crises you cannot justify to bail out a Money for the Purpose of Money economic model, but you could justify a model where the purpose of making money would serve the citizens for example by providing them with more security, job security, health insurance, education (why is it necessary for an American kid to mortgage the future with a student loan?). If people were aware that Wall Street was an engine driving riches or services towards the average citizen, then a bailout could find easier support.
The middle class has been screwed too long and too often to forget so fast and time has come to take the revenge, to say No to the Bailout. Pressure on Representatives is high and it's good that way. Pressure to change fundamental issues is needed to move ahead but it will take time to mature.
The people are blaming gullable politicians, greedy brokers and there is not much support for any solution involving the middle classes agreement to yet another burden.
In the mean time, let's face it, there is only one remedy: back to sources, back to productivity, back to a system where you earn what your work is worth and where you are in control of your destiny.
Home Business has grown to a huge industry countrywide and internationally. The present crises will give it yet another boost. Home Business in a certain way is an unconventional way of making money, but it helps hundred thousands of households to meet ends.
The Home Business boom is not just a great phenomenon. It's also the sign of the bankruptcy of a political and economic concept which with it's conventional means cannot feed it's people and assure a decent life.
Americans can no longer purchase American products: so it seems when you look at the Cadbury scandal: why the heck do American kids need to eat Chineese Milk Products?(America Breast fed by China? - China is also the largest holder of US Treasory bonds, financing thus the American Consumption … of Chinese Chococolate) Is the USA not capable to produce it's own milk at a price affordable for the whole population? American Companies, under the profit pressure from Wall Street out-source production to China, killing the local industry and middle class households have been so squeezed that price has a priority over quality, even when it comes to food for kids.
Yeah, we can walk on the moon and we can genetically modify corn and soy, but we are not capable to provide healthy staple food, shelter, health care and a job to all our citizens. Where is the American Dream when it can no longer be financed and based on borrowed money from Wall Street? Is it a dream or a nightmare?
All these questions and considerations lead to the question: what's the way out for average families, whats the way out for a large part of the population?
The answer may be partly in the Home Business Industry, meaning that the economic destiny of the families must come back under control…of the families and not remain in the hands of the greedy and gullable. American Capitalism based on Reaganomics has failed. Let's try something else:
How about working and spending what you earn and not what you can borrow?
People will be forced to shift from consumption mode to production mode and it's good that way … for the Home Business Industry, for the country.
Bailout or no bailout, YOU will pay for it anyway! Just choose whether you want to pay over time or with an economic crash. The bailout has an advantage: if Washington bails out Wall Street, then it should also bail out you! The consequence and compensation of the bailout must be equal treatment for the people by implementing better security in matters of retirement, health, education for example. It's not about cutting taxes but it's about planting the seed for new productivity. It's about making it easier and more rewarding to work, to produce, to build business, jobs and wealth from the fruit of peoples work.
You have entrusted the fruit of your work to Wall Street: in stead of getting the money into your pockets (salary), you have produced for your pension funds, for the shareholders of the company and you have been deceived as your trust has been abused by the people you have eleced (they created the legislation for the Roulette to spin in the first place) and by those who promised you to take care of your financial wellness.
Get in charge of your finances and your financial destiny. Your Home Business will not deceive you as you are always and anytime in control of it. And best: you are paid in function of your work and the value of your productivity.
Talk to your friends and neighbours about Home Business, sit together and discuss and evaluate your options. Evaluate the tax benefts and evaluate available business opportunities. Exciting options are on the table such as the new DubLi USA business, designed as real work from and work at home opportunity. Join a team of experienced people who have a proven record of success and who can guide you on the way to financial independence or as the case may be to supplementing your income. Arrange a meeting with Leaders in the Industry and gather online, offline, anywhere, to take action and to implement rewarding change in your life right now.
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