The top ten tips for doing a great job and getting the promotion you deserve.

Is this the typical behavior of the CEO of the company you work for? Mastering the art described in this video is the number 1 prerequisite for obtaining an MBA and subsequently running a company to perfection.

Helping the Poor Guy on the Street

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Will you give the guy in the street money if he is predicting the future? Well governments around the world is giving the guy in Wall street money for predicting the future!

Teaching our Kids about Money

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Hey guys, have a look at everything you can do with one dollar. Kid asks question:  What is that part called savings?

Answer: That is the part of your money you give to the government so we can have banks.

Taking out a Loan

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I would like to take out a loan to pay for my child's education. This is really all we can give you at the moment due to the financial difficulty the world is currently in. What about the part that is behind your back? That part is for the private chartered jet for the CEOs of the Motor companies to fly to Washington so they can beg congress for more money.

Taking out a Mortgage

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Honey, do you really think we can afford this? The monthly payment is $50 000 a month. I'm sure the bank will give us a mortgage, I just got a raise to $50 000 a year.

Ready to Buy a New Car

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Americans are just embracing the thought of driving a more economical car. That is probably why the American Car market is collapsing creating an opportunity for the lesser evil; fighting the big fight against global warming and climate change.

The Economic Turmoil

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We are really at the bottom. We can't go any lower.

The "Post-Racial Era"

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Racial issues are a thing of the past, just look America has a black president now.

Where is Africa?

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Africa is a place to get oil, gold, diamonds and uranium.

Pirates are Only in the Movies

Captain Jack Sparrow earns $150Million high jacking oil tankers off the Somalian coast.

This is the beginning of an article I really despised writing.

These figures is a new record and broke the previous record of $413bn set in fiscal 2004, which was the fall out of tax cuts and massive spending on Iraq wars.

The Treasury's recent plan to spend $250 bn to buy preferred stock in financial institutions is a kind of cash outlay and will add to the budget deficit. But the program and expanded Federal Reserve lending operations also could produce some revenue gains.

It began as a type of insurance policy. When one bank, company or person bought bonds from an enterprise, they could pay a small percentage of the money to a third party. In exchange, the outside party would guarantee to pay the full price of the bonds to the investor in the rare event that the company selling bonds failed to pay them back.

For example, if Company A wants cash for an endeavor, and Company B has money to lend, then Co B might loan Co A $50 billion, and Co A would agree to pay back the money, and 10% interest in a year. However, just in case Co A went bankrupt, and could never follow through on the agreement, Co B may pay a third corporation (in this case called Company C) a small percentage of the loan value, such as $1-1.5 Billion. If Co A did in fact fail to produce the money, Co C would pay it instead to Co B.

Eventually, people arranged Credit Default Swaps as a sort of “bet” that an enterprise would fail. If an investor predicted that a company would crash, they could pay someone to insure them as though they had a bond in the company. Even though they would never need to buy the bond, the investor would receive the full bond price from the insurance party for only paying a small percentage of its value. According to NPR, because of this betting, at one point different companies throughout the world were guaranteeing to pay each other a total of 60 trillion dollars through Credit Default Swaps if certain bonds defaulted, when there was only 5 trillion dollars in the whole bond market.

This still could have worked out fine, except for the fact that corporations insured bonds that they could never possibly pay off. They just assumed that companies like Lehman brothers were too trustworthy to crash. Once a few banks started to fail, Credit Default Swaps brought many more down with them.

A large group of financial industry interests and consumer advocates made the request to the Treasury Department agency on Oct. 29. It demonstrated the urgency of the situation in a deepening economic crisis: consumers — even those with strong credit records — defaulting at high levels on their credit cards, while banks battered by the credit crisis bleed tens of billions from the losses. The Office of the Comptroller of the Currency, whoever the hell this is, rejected the request for a special program that would allow as much as 40 percent of credit card debt to be forgiven for consumers who don't qualify for existing repayment plans, or the majority of home owners who are in default.

A spokesperson said the government objects to allowing banks to defer losses for several years. We wouldnt want them to lose a little interest while we all go broke now would we? The fact is America is in serious crisis, and every "fix" is actually another step towards the edge. We need to stop following the advice of financialists who want to burn the country to save a profit. You know when banks are asking for money we are all in trouble.

Our trade for gross domestic products never have an excellent benchmark since Bush's eight- -year-long administrations and thus I'll fight for a trade policy that rewards more foreign markets as means to boost more jobs for Americans. I'll also take action to increase pressure to the World Free Trade Agreement (CAFTA) by enforcing trade agreements to spread good words on our labors, skills, expertises and standards to the world, and to stop countries from continuing unfair government subsidies to foreign exporters and nontariff barriers on U.S. exports. At the same time, I'll curb any devalued activities that will put U.S. at the position of low currency or dollar devaluation.

I'll urge world leaders to reconstruct a complete economical framework to boost the world's and America's economic growth. To voice my concern about the financial crisis, I'll work collectively with the world's leaders from other countries and teams of economical experts as a measure to introduce the new opportunities for prosperity and cooperation among the America's Congress members and also among other countries. This is important to develop a more effective and comprehensive economical framework in order to promote stability and growth in our Wall Street share market as well as other international financial markets in a macro scale.

America's Economy Policy

More dollars will be allocated to rebuild our own economic structures as a measure to boost a steady economic growth in America. I want all my people to have better jobs, better payment and better future. I want the progress to bring to America, in which our economy is stable, living condition is good, people here have good jobs and live peacefully while working whole-heartedly with me to fight off the global financial crisis that we're facing at the moment.

As president, I know the difficulty of my people to struggle and suffer for seeking employments so I'll introduce more foreign investors to our country to create more jobs for my people here. My members will continue working very hard to strive for the lower fuel price we could ever get by introducing fiscal policy into our financial framework so that the pressure is not felt much by the Americans.

The peace and growth mean a lot to America as they're both important elements for America and the world as well. Therefore, I urge you all not to discriminate among each other just because of religions, educational backgrounds, skin colors, social and financial status. Whether it be pure Americans, African-Americans, Chinese-Americans or any other American races, we're all living under one same flag of America, and thus we should care for each other to rebuild a strengthen family so as to stimulate our economic growth and nation building. I urge you to work with me for the betterment of the United States!

I know that some of you are annoyed with the failure of deregulation and poorest function of the Free Market that have caused you to pay for higher tax, educational fee, home mortgage, retirement plan and other daily expenditures, so I'll work very hard with a brilliant economic team to find a better solution to solve your problems.

Task ahead will be tougher as I've to clear up 8 years of George W.Bush's term, but I promise you that change will be introduced to our economical system. I want to see healthy and stable economical growth back to our country where people can afford to survive.

I'm sad to learn that the minimum wage had not changed for the past 10 years before the Democrats took back Congress. Even the minimum wage is scheduled to rise to $7.25 an hour by 2009 this minimum wage is still not enough to cope with the purchasing power among the consumers. I'm extremely sad to learn that the purchasing power is well below than that in 1968. People who work full time shouldn't be allowed to live in poverty. To solve this problem, I'll raise the minimum wage and increase the Earned Income Tax Credit to ensure that full-time workers could earn a living that enables them to pay for basic expenditures (food and drink, transportation, education, clothes), housing, and miscellaneous needs.

I'll ensure every home and business in urban and rural America to easily get broadband Internet access at a lower rate that can be affordable by low-income people to help them start business with the world. To ensure the success of my plan, I'll reshape the Telephone Universal Service Program, and direct the FCC to better manage the nation's airwaves as ways to encourage public-private partnership to have more low-income communities engaged actively in a global business.

As promised in my election campaign, I'll provide $1,000 dollar emergency energy rebates, which would be sent to working families immediately to help offset the cost of spiking energy and food prices. Over a 5 year period, these rebates will bear by a tax on the excessive profits of oil companies. Additional $50 billion will also be allocated to promote funding for state and local government services and for fast-tracked infrastructure projects. Apart from this, I've also considered long-term investments in training, education and workforce development, scientific innovations and creativity inventions, R&D research are essential to create more entrepreneurs, high-wage jobs that will definitely bring prosperity to my country and to a world economy.

Energy and Environmental Policy

As promised in my election campaign, I'll implement Cap and Trade Program to reduce greenhouse gas emissions to its minimal level. I'll ensure my cap-and-trade policy be effective immediately to ensure all industries pay for every ton of emissions they release to our environment. I've also promised to strategically allocate $150 billion over 10 years to accelerate the commercialization of plug-in hybrids, promote development of commercial scale renewable energy, encourage energy efficiency, advance the generation of biofuels and fuel infrastructure besides investing in low emissions coal plants. I'll encourage for any clean, sustainable energy sources (solar, biomass, geothermal, solar and etc.) for energy consumptions in government offices, private sectors and home users.

As president, I want to help private sectors to create more green jobs for my people. At the same time, I'll invest in programs to help upgrade America's highly-skilled manufacturing workforce and manufacturing premises to ensure workers have skills in the green technologies so that a thorough green policy can be attained effectively.

To promote the green air policy, I'll provide a $7,000 tax credit for the purchased of advanced designed vehicles which release zero or little emissions to the air. Dollars will be allocated for plants that produce the cheapest, cleanest, as well as energy efficiency electrical appliances and transports so that it'll save consumes on paying higher bills.

Climate change is a global issue caused by a tremendous development and unexpected man-made products. As my country is the largest producer of greenhouse gases, I'll lead America to reduce greenhouse emissions by using clean-burning renewable energies and biofuels. Meanwhile, I'll arrange appointment with the U.N. Framework Convention on Climate Change (UNFCC) and any other related environmental organizations to address my views on global energy usage, environmental concerns and solutions via international forums, press conferences, exhibitions and seminars to help raise the environmental awareness and to combat the environmental issues the world is facing now.

U.S. Military, Security Policy in Iraq and in America

I'll invite a group of Baghdad journalists, a few westerners who have been serving in Iraq and a press conference and those who've living in the Red Zone for a chat. From this meeting, I'll have an opportunity to understand more about the Iraqi life and the sufferings they faced in the past war. I'll respect their freedom of speeches and opinions as I know they're people who have experiencing the nightmare of the war than anyone in the U.S. embassy or the Iraqi government themselves. They are people who could tell me a lot more about the present condition in Iraq. Of course, I'll ensure strict protection is taken for my personal security to avoid the terrorist attack or any unexpected attacks.

I'll order my senator to invite community leaders, NGO members, investors, press representatives, and the world's politicians to meet around the table to share their ideas on what they think might be the appropriate and the best ways to retreat the U.S. troops from the land of Iraq. From here, they share their invaluable values with me which will later help me to shape a new Iraqi policy.

I may also prefer to meet the world's delegates, members of government offices and parliament mostly from Iraqis to attend for my informal chat. Once they get pass the elaborate security checks at the main entrance to the Green Zone, I'll meet their arrivals with my Iraqi translator. Those who're here for a random selection for this informal chat will earn themselves a freedom to speak in front of me under a strict security protection. I'm pretty sure that these Iraqis will deliver me plenty of their opinions, views, facts in Iraq, and suggestions that will eventually help shape my personal views on foreign policy, and U.S. military.

I'll take my courage to strongly oppose Bush's war strategy in Iraq. And I must admit and feel sorry for the wrong attacking strategy America taken under Bush's U.S. military policy which has caused many casualties for both Iraqis and American soldiers. I'll address my deepest condolences to the deceased. I believe that the end of the use of torture and extraordinary rendition is essential at the moment, as many experts have disapproved that torture is an effective method of interrogation. The use of torture may have put my troops serving abroad in a great threat. Also, this torture is wrong and cruel in a moral standpoint. Due to these reasons, the practice of torture and extraordinary rendition should be abolished.

Reducing the U.S. troop in Iraq is essential to apply less pressure on the Iraqi government. My commanders will take a new mission: ending the war in Iraq. I'll also work together with the Iraqi government to protect the American diplomatic and other parties, and if under certain threatened condition, I may have conducted targeted counter-terrorism missions to ensure the world's peace. I'll assure to the world that aggressive and permanent bases will not be built in Iraq, in order to achieve the stability while reducing hatred in the Middle East, and at the same time, I'll address my personal views on Iraq's humanitarian crisis and its solution. In a nutshell, I'll reestablish U.S. Moral troop and leadership to restore the confidence of the world towards America's position, fame, and reputation particularly in dealing with foreign laws, economical growth and political policy.

I'll close the Guantanamo Bay Detention Centre which has been served as a recruiting mean for America's enemies. I'll develop a fair process to distinguish those who should be prosecuted for their crimes in justice, and those who should be released or transferred to their home countries based upon the rules of the Uniform Code of Military Justice.

Though I strongly against the war but I'll not hesitate to order military force to take their new jobs if America is under the threat of terrorists. Therefore, I'll always ensure that my troops are strong, healthy, agile and lethal to take their painstaking posts to either capture or kill terrorists who pose a direct threat either to America or to the world. I do not want to see 911 events recurring in America. To achieve this goal, I'll ensure that America is equipped with strong armed forces to help challenging the toughest jobs. Next, I'll boost our military troops to have the ability to speak several languages so that they'll understand other people's cultures, religions, and customs better and also to better target the terrorists in a global context.

America's security earns my foremost consideration so I'll ensure every American is safe in their homeland. I'll assure Americans with a series of homeland security programs to make our land of America safer and more secure to live. With regards to the prevention towards the natural catastrophe, I'll recommend trainings and tests in all my administrations. I'll provide them with necessary equipments, supports they require; reallocate the risk group to a safer place; improve the emergency respond to catastrophe or human errors by investing the required and related resources; increase the security in railroads, airports, ports, industrial plants, transit system, roads and streets, education institutions, legal firms, government offices, multinational and private companies, nuclear and chemical plants, public infrastructures, other critical facilities and people's safety.

Remark:

Tonight (the victory's night), we've made a history in the United States. Change has come to America. The road ahead will be toughest and challenging for us to explore, but I'm here striving with you to ensure every of your dream coming true in our beloved motherland of the United States. I'll never forget that the victory belongs to you and I promise you that we, Americans will get there. Trust on me and believe that America can change. Together we're standing on the land of the United States and I'm here to make your dream coming real for a better life, better future and better global and economical prospect. May God bless you, and may God bless the United States of America. Long life, America!!!

I heard on the news this morning about California residents living in their cars. I have my doubts that it is completely necessarily economically related. While there are truly those in need, I believe the lagging economy gives panhandlers and conmen more ammo to target good people, and that is sad. 

Forgive my cynicism, I am more than willing to help someone if they need it, but if I see that they aren't even putting forth effort to bring themselves out of the financial mire, then I am going to be skeptical of their sincerity when they ask me for help.

An example of this kind of scenario is the other day when I was going to take public transit. A woman stopped me and asked for money after she had just spent someone else's money that she panhandled, on beer. I'm thinking to myself "you must think I'm a real idiot"

I fully understand jobs are scarce, but even in 1929 people at least made the effort to look. If I see a sign that says "will work for food" I at least know they're willing to try, like any normal human being. Panhandlers that just go from place to place begging without even making an effort to be successful themselves, I just can't feel sorry for.

Could it be that both Buffett and Eavis are right?

The language Mr. Eavis uses explains much. "On some bets" is a phrase that the layman may attribute to gambling. Yet, Buffett is well known as a long term investor, who often admits that the short term performance of the stock market is something to which he pays little attention. Is there a difference?

Yes, and the difference is huge. In the parlance of investing, there are "traders" and "investors." Traders buy and sell often, taking advantage of short term movement in stock prices. Sometimes these people are called "momentum" or growth investors. They buy stock in companies whose earnings growth and trading volume is extraordinary, and sell immediately - hopefully before everyone else does - on any bad news. These traders have two difficulties that they must overcome

• They must outperform "buy and hold" investors 
• They must pay ordinary income tax rates on their short term gains (outside of tax deferred retirement accounts).

Outperforming "buy and hold" investors over the long term is a very difficult undertaking. The mathematical concept "reversion to the mean" explains why. Reversion to the mean, simply stated, explains that the more data that is studied, the closer that data is to its average. Stated another way, now and then, investors will far outperform the broad market averages. But, over years and years of data, investors tend to perform about the same as these averages.

In order for "traders" to outperform the market as a whole, they must

• Correctly select an outperforming stock
• Buy it early in its ascent
• Sell it before it goes down too far
• Outperform the market by the amount owed in short term capital gain tax (generally in the vicinity of 25%).

In short, they must be right twice - when they buy and when they sell - and also consistently outperform the market by their tax rate.

On the other hand, so-called "value" investors, like Warren Buffett, determine the value of a company by calculating the present value of its earnings stream, and endeavor to pay less than that present value when purchasing shares of stock in the company. These investors look at companies that have strong positions in their business category, like Goldman Sachs in the banking industry and General Electric in diversified industry. They also look for strong management, and a lengthy history of predictable earnings. They then buy opportunistically when a temporary event - like a market panic - brings the price of the company below the present value of future earnings.

Buffett has said repeatedly that he neither knows - nor cares - what the short term direction of the market may be. Because he is a long term (five years or more) investor, short term market movement is irrelevant to his investing discipline.

Consequently, Eavis' comment that Buffett did not "call the bottom" of this market correction, while technically correct, is not relevant to a long term investor.

It must have been an old fashioned bus because under the hood was a boiler. A simple machine, a boiler heats water, makes steam and uses it to turn the drive shaft. Imagine the bus is the economy and the boiler produced the steam that drove the bus. The bus ran fine until the drivers got sauced and drove it around deadman's curve and off the road. Sound familiar? It's that simple.

Financial businesses of all sorts from banks and investment companies to shadowy credit houses are all under the gun these days. The cry for years was "Down with Regulation". This was followed up with the ever present "we can police ourselves". Well say it ain't so Joe, but it ain't so.

This credit crisis or financial meltdown, call it what you will, is the result of greed. Good old fashioned pedal to the metal, damn the torpedoes and don't look under that seat greed. Say it again, Henry! Greed caused CEOs of Wall Street firms to bet their entire companies on massive quantities of leveraged assets. Greed caused Sales Managers to push mortgages that were obviously unstable for many consumers. Greed coerced VPs of Underwriting to go with the flow and approve guidelines that allowed lenders to loan large amounts of money to borrowers with no documentation, no pay-stubs, nothing more than a credit score to justify the loan. In this crisis, small profit led to bigger profit, which led to record profit and then to un-tempered greed. Greed is what results when rules are bent or tossed in the name of making more and more piles of money.

Lets not forget the property owners and mortgage holders. Greed cause many to buy more property than they should have in the hope that the price would never drop and they could buy, flip and profit forever. While the housing bubble grew and grew, property investors bought and flipped house after house, never believing it would end with them holding the bag. Greed got all of them.

We trusted the super smart people on Wall Street. They told us they knew what they were doing. "Trust us", they said. "We all have MBAs and we are really smart. We would never let anything bad happen on our watch." They repeated this line over and over, even after greed knocked on the door. Then those super smart guys didn't look so smart at all.

History repeats itself, over and over and over again. The late 20's, the early 70's, the late 80's, the late 90's and now 2008. Recessions and depressions have been part of the economic cycle since humans learned how to trade goods and pass money. Financial panic returns over and over.

Let us return to the subject of regulation. I don't like regulation any more than the next person. Regulation comes to an average American in all forms, but nothing is more simple than a rule requiring I get my automobile inspected every year. It is a pain in the butt and it costs me money, but the alternative is a large number of vehicles on the road which are mechanically unsound and dangerous to their occupants as well as the rest of us on the street.

Despite what all the free market prophets have told us, it appears that the financial industry is not capable of policing itself. Regulation and oversight is not an option, the only option is how deep the regulations go. Government must step in and establish new oversight in order to ensure that our economic system is not undermined by our own smart financial people. Who needs a terrorist to blow up our system when Wall Street super smart big heads will do it all by themselves.

Perhaps one of the most important purposes of the Federal government in our times is to protect our economy from those who would drive it to great heights and then over the edge into the river. The government did not tell any of these lenders or investors what investments to buy or sell. President Bush and Speaker Pilosi did not tell any of these Wall Street houses to go bet the farm and leverage their assets. The politicians only agreed to let the Financial Industry police itself. And look what happened.

In conclusion, the United States has the greatest and most fantastic economic system ever devised. We are blessed to have the opportunity to live in a country and system which offers so much opportunity and financial blessing. However, isn't it time we all recognized that the secret is to run the boiler at the proper temperature and pressure. That is the essence of regulation. Keep the boiler running smoothly, without blowing the seams.

Are you perfect? If so maybe you should run for president. As a nation, we need to put aside Our differences and solve the problem of our economy. I am sick and tired of Americans who want to Blame all their problems on someone else. Why should I have to pay for your mistakes? Why don’t you Pay everyone’s debt off.

Let us start over with a clean slate. Why should you get a free bailout? If you want to blame someone for your mistakes blame yourself. Until this nation puts aside its Differences we will never fix any problems that we have. Do I believe anything that politicians have to say whether republican or democrat?

No. I do not care who becomes president because it is not going to Make a difference. I put a republican bomber sticker on car just to see how the democrats would react. Now tell me this. Is it right that you threaten to run me off the road because l Am republican? You just make me want to be republican even more.