With all the bailouts going on with AIG, our banking system, the freezing of the ability of investors to short financial institutions, it would be easy to say “happy days are here again.” Judging by the mini bounces in the stock market, some investors think that the future is rosier than before. Without meaning to shatter their worldview, we still have a long way to go to get back on track as a country and as individuals.
People are losing their homes, they are being thrown out of their apartments for not paying rent and they are getting clobbered with the rising costs of food. We are on track for stagflation and we need to do something collectively now as a county and as individuals.
As an individual, you can help your country by writing, emailing, visiting our Congressional leaders, our state leaders and Presidential candidates. Tell them that we need work. Tell them that we need inexpensive medical care. Tell them we need to get some programs going where people can work and make an honest living wage out of it. It is getting too expensive to have a decent quality of life in this country. The number one that should be on everybody’s mind is we need something constant in our country and it means we need to stop paying lip service to energy plans and develop some concrete programs with solar, wind and other reusable energy sources. As an individual you need to work on your savings and paying off your bills. Stay healthy and watch what you are eating and drinking. We all need to live longer and healthier lives to enjoy the advances in technology and hopefully positive changes that we can introduce into our society.
I submit that we tell our local, national and international leaders that we need to work on infrastructure. Build new bridges, rebuild the old ones, shore up broken dams, waterways, highways. There is no shortage of things broken down, there is a shortage of good ways to get people working and earning money so they can save and spend some of it. Again, basic economics put into action.
We are going to be entering a world where money will be tighter (I always harp on this) and we need to take care of our special needs people, our elderly and people who need help. In order to do this and do it the right way, we need to get social security working. We need to get some programs that will actually help people and generate income for the country at the same time. Maybe since we own AIG we can do something where we can get trades in goods and services from some countries like commodities that will help us.
Any ideas that you want to share with us? Remember to let your leaders know as well!
Kim Isaac Greenblatt
You are reading the profitable blog by Kim Isaac Greenblatt and getting a license to think!
Tags: Business, finance, financial recovery, Kim Isaac Greenblatt, taxes
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