Wednesday, February 25, 2009

Recession & it's lack of logic preventing recoveries

Do you know the value of "a day"? To many degrees, I do......but do the others? Try not to laugh too hard at my Non business, but related in many aspects, here is my list of thoughts for you, again I say try not to laugh too hard..... Quite Simply: We cannot cure the ailing economy until we as a people come to realize that lack of logic and excess greed will only throw further instabilities onto the masses. We must realize that every level of business, every phase of our culture must give, must adjust downward, must walk away from greed and the power of the $$ sign, we must begin to make concessions to one another, we must learn to give back to eachother be it late charges, penalties, discounts, credits earned but not caught in time, or as Patrick Henry said: We will surely hang together..... Main point: Business practices at every level must change to accommodate the economy, you can not lay off the masses, de-value their homes....keep the tax billings of the old higher values, keep the gas prices incorporated into grocery prices, when the gas crunch is long gone...... We cannot heal until we stop the greed. So, 2 weeks ago I wrote to Barack at whitehouse.gov, and told him to regulate the charge card/loan shark companies from charging excessive interest rates to clients/customers as it is surely impacting the foreclosures, believe me they're charging their cards up before they stop paying on their mortgages...... Barack has not answered me yet.

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