Update On Eastern Europe Collapse

As we begin to experience our social-economical meltdown, Europe is facing serious threats to their Central Bank program.
Can a Continent that shares a common currency but do not share a common government resolve their financial problems.
Though times are tough here in the U.S. , we can expect things to progressively worse on the other side of the pond and see a reversal of currency power in the coming years.


Update On Eastern Europe Collapse

What's Missing in Geithner's Bank Plan - BusinessWeek

What we are missing from Geithner is the PLAN....... we do not want to hear about concept!
He was very much involved before the election and then was the MAN for 2 1/2 months in figuring out exactly what we need to do.. We have no process, no methodology and NO PLAN!!!!!

In January, many Americans have seen their water bill go up from last year, property taxes higher than last year, their 401k balance lower than last year (to include their contribution) and their property value significantly lower than last year!

In additional, we are seeing our neighbors, friends and family losing their jobs and we get concept from the Sec. of Treasury!

If we do not fix the credit problem (so good companies and growth their businesses to create jobs) and stabilize the housing market (offering good AMERICANs the opportunity to stay in their homes) we will continue to see a spiral fall home ownership and an unemployment rate worse than the Great Depression.

We so often have heard corporations "To Big To Fail" but is it possible that our government is "To Big To Fail?"


What's Missing in Geithner's Bank Plan - BusinessWeek

Time has passed and the market is still bear!

Well some time has passed but the market has not stopped dropping.
As we continue with the financial credit crunch that I was talking about over 10 months ago, it is clear we still have ways to go....
The sub prime mess is stabilizing but the A- credit is soon to unfold... Stay tuned!