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Posts Tagged ‘Mike Zaman’

Ben Bernanke, the man in the mirror!

Monday, August 30th, 2010

By Mike Zaman

When most of us look in the mirror what we see is the reverse image of our self, but sometimes we even miss that reality.

And this is exactly the problem that Bernanke and the FED are experiencing, the illusion, that he can save the economy by taking the country further into debt. The more money the FED creates becomes a larger burden on us, the US taxpayers.

How much can we undertake while the economy languished on the edge of total collapse?
Psychiatrists agree that our government is actually insane, why? Because the very definition of insanity is to do the same thing over and over and to expect a different outcome, surely Ben Bernanke and the FED meet this standard.

Through the first quarter of this year, Bernanke printed $1.5 trillion of paper currency and promptly bought $1.5 trillion in mortgage bonds, government agency bonds, and Treasury bonds. Now these bonds are an obligation imposed on the US taxpayers, who by the way are mainly economically indisposed.

But even as the entire effort was a failure, Bernanke is at it again.

If Fed Chairman Ben Bernanke honestly believes what he said at Jackson Hole on Friday - that he can save the economy by printing more money and buying more bonds - he needs to see a psychiatrists, the indication of this attempt to bolster the economy by acquiring more of the banks products, hasn’t stimulated the economy one bit. In fact the opposite has actually occurred, and hiding the true numbers of America’s unemployed is like an ostrich burying its head in the sand. Unemployment doesn’t go away simply because of wishful thinking.

America needs jobs, real jobs to jump start the economy, and the illusion that jobs are being created won’t make the economy stronger. But where will these jobs come from?

One approach is to make it more expensive for companies that are outsourcing American jobs, through higher taxation, this is a real solution! Inflating the economy will have a dire consequence, higher prices and a deeper prolonged depression, that’s right depression!

Lessons were learned from the 1930’s but it takes an intellect to read what the government did to stimulate the economy, and after all what it took in the end hasn’t worked today, it took a world war… today our war efforts haven’t been able to stimulate the economy even though we have become a nation perpetually at war, why, because even our weapons and weaponry are outsourced, it appears even our own government has a greater interest in the world economy, lacking a real insight or concern for its own people!

Bernanke is a man that sees a different image in the mirror, and that image speaks a different language.

It will take a different administration to solve the problems facing America, doing the same thing over and over always results in the same outcome and Obama has yet to understand economics 101, but then, neither has our economist Bernanke.

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The Views and Opinions Expressed by the author are his or her opinions only and do not necessarily reflect those of this Web-Site or its agents, affiliates, officers, directors, staff, or contractors. The author at the time of this article did not own any shares or receive any consideration financial or otherwise from any company or person mentioned or referred to in the article.

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Real Estate values are about to take a substantial drop in Value

Wednesday, August 25th, 2010

By Mike Zaman

Sales of existing homes have just experienced their worst single-month collapse in recorded history - down 27.2% nationwide; down even more radically in major regions like the Midwest. And new home sales are nearly as bad!

But what’s not so broadly understood are the primary reasons home sales are plunging: The biggest extension of unsold inventories including REO’s are at an all time record high. It’s simply mathematics, supply and demand, demand is slight the supply is in the millions of unsold existing single-family homes.

In fact, the inventory of unsold new, and existing homes, including Bank REO’s is so large and the downward pressure on home prices is so great that it’s causing buyers to stay out of the market and wait.

The reasoning of most would-be home buyers is very simple:

Why invest in an asset that’s sinking in value?

Why buy it now when we can get a much lower price later?

Banks have been adding fuel to the fire, they have been attempting to raise the value of their REO’s by holding them off the market, and trying to bring up the price for those they have sold. However, most REO’s are being withheld as some ready buyers have found out.

The Bank Strategy has again backfired, prices are coming down again and may not hit bottom for at least the next two year, if you’re a buyer you might consider offering 20% below the selling price, prices may fall that much.

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The Views and Opinions Expressed by the author are his or her opinions only and do not necessarily reflect those of this Web-Site or its agents, affiliates, officers, directors, staff, or contractors. The author at the time of this article did not own any shares or receive any consideration financial or otherwise from any company or person mentioned or referred to in the article.

 
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A Majority of America no longer believes the Federal Government has the consent of the governed

Monday, July 19th, 2010

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By Mike Zaman with permission of Rasmussen Reports
http://www.rasmussenreports.com/public_content/politics/obama_administration/daily_presidential_tracking_poll

A not unsurprising result was found in a recent Rasmussen reports poll, the result showed that Just 23% of America now believes the federal government has the consent of the governed. Sixty-eight percent (68%) believe the nation’s Political Class doesn’t care what most Americans think and 59% are embarrassed by the behavior of the Political Class.

In his new book, In Search of Governance , Scott Rasmussen says, “The gap between Americans who want to govern themselves and politicians who want to rule over them may be as big today as the gap between the colonies and England during the 18th century.”

The American people have become frustrated with an administration that has allowed the politics of money to influence their alliances.

Just as money and big business exerts financial influence over Capitol Hill, we are seeing a further drift away from main street concerns and a closer alliance with big business. This political-financial alliance is creating a gap of influence where it rightfully belongs and unless the method of public office finance is changed America will continue to be ruled from Wall Street and for Wall Street’s financial interests.

In Search of Self-Governance , is available at Rasmussen Reports and Amazon.com.

 

Disclaimer:
The Views and Opinions Expressed by the author are his or her opinions only and do not necessarily reflect those of Crown Equity Holdings or its agents, affiliates, officers, directors, staff, or contractors. The author at the time of this article did not own any shares or receive any consideration financial or otherwise from any company mentioned or referred to in the article.

 
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Will the BP Cap cause another environmental catastrophe through a process known as Inverse pressure?

Monday, July 19th, 2010

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By Mike Zaman

With the new BP Cap snugly fit over the broken well head, a new environmental catastrophe may be in the making. Inverse pressure is where one point of pressure is reduced only to be increased in another area.

What we are witnessing is the possibility of a separate and much more alarming event at the well head site, as it appears that with the flow from the well stopped, areas around the well head are beginning to show signs of fragmentation. If this continues there is a strong possibility that the ocean floor could rupture and some 18 billion barrels of oil would pour into the gulf, contaminating the ocean for decades and making it inhabitable for sea life for a like period.

Geologists have feared that this could become a more serious event as time went on, due to a phenomenon called Gas hydrate dissociation.

What this means: Hydrate-bearing sediments may destabilize spontaneously as part of geological processes, unavoidably during petroleum drilling/production operations. The Journal of geophysical research (2006, vol. 111, noB1 ) explains “If this occurs the excess pore pressure is found to be potentially able to facilitate or trigger submarine landslides in shallow water environments, (2) to result in the formation of vertical columns of focused fluid flow and gas migration, and (3) to cause the failure of a sediment layer confined by low-permeability barriers in relatively deep water environments.”

The fractures around the well head may be evidence of a more serious condition. It’s almost like a catch 22. In either event if this phenomenon is in process we may see oil flowing into the gulf for quite some time.

Disclaimer:
The Views and Opinions Expressed by the author are his or her opinions only and do not necessarily reflect those of Crown Equity Holdings or its agents, affiliates, officers, directors, staff, or contractors. The author at the time of this article did not own any shares or receive any consideration financial or otherwise from any company mentioned or referred to in the article.

 
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Horseback Magazine enters an endearing struggle to save America’s wild horses

Sunday, July 18th, 2010

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By Mike Zaman

Horse Back Magazine and its publisher Steven Long have been an integral part of a growing network of caring Americans. Americans who have and continue to voice concern for our heritage and the principles upon which that heritage existed. “We don’t shoot horses” a respite from an old Jane Fonda Red Buttons movie “They Shoot Horses, Don’t They” today the BLM does, but it’s a different type of gun a tranquilizer stun gun.

Who is Steven Long, the man behind Horseback Magazine?

Steven Long has spent more than 2,000 hours in the courtroom, more time than most practicing lawyers spend there in a lifetime. He has covered some of the most important cases of the last two decades. Few authors can capture the drama of lawyer vs. lawyer quite like him.

His most recent book, Every Woman’s Nightmare (St. Martin’s Press) tells the story of the fairytale marriage and cold blooded murder of Utah’s Lori Hacking, whose body was left in a city dump to rot. She was killed in her sleep by her husband Mark after catching him in the lie that he was about to begin medical school. The book has sparked heated opposition from members of the Church of Jesus Christ of Latter Day Saints, the Mormons.

Steven’s true crime tale, Out of Control, (St. Martin’s Press), chronicled the strange murder of Dr. David Harris by his wife Clara. Long’s story, set in a wealthy suburb of Houston, is not a typical grisly true crime paperback. He tells the tale of a woman who loved too much, so much that she was willing to kill to keep her man from his paramour.

In his first book, Death Without Dignity, (Texas Monthly Press, 1987) Steven Long wrote the sad story of catastrophic failure in a nursing home. The work prompted the Austin American-Statesman to call it the “literary equivalent of the movie Platoon.” The book won a State Bar of Texas Gavel Award for distinguished journalism. Its release was greeted with rave reviews in the New York Times, Publisher’s Weekly, and Kirkus.

Yet among the numerous awards and praise he has received throughout his career, Steven Long still covets the merit badge for journalism he received as a Boy Scout when his first story was published at age 11.

Death Without Dignity is found in the libraries of many medical and nursing schools. However, it is not a dry factual tome. Instead it is true crime writing at its best, reminiscent of the style of the late Tommy Thompson.

Steven Long does not consider himself a true crime writer, although his work falls into that genre. “I write books about lawyers and judges,” he says. “Murder is boring for the most part, but the pull, tug, and theatrics of the courtroom is high drama indeed.”

Long began his career in radio but quickly moved to print. For most of 11 years, he served as editor and publisher of Galveston’s In Between Magazine, an award-winning alternative weekly famed for its gritty investigative work.

His first freelance piece appeared in the respected Texas Observer.

In the 1982 Texas election for governor, Steven Long asked the incumbent, Bill Clements, a question that changed the state’s history. “Would you appoint a consumer, for example a housewife, to the Texas Public Utilities Commission?” The governor blundered and answered, “There isn’t a housewife in Texas qualified to serve on the PUC.” He lost the election.

After closing In Between, Steven Long carved out a career as a feature writer with the Houston Chronicle. One article resulted in the indictment, conviction and disbarment of the late Houston adoption lawyer Leslie Thacker for buying and selling crack babies from mothers in several Texas county jails. Another series of investigative stories ultimately resulted in the indictment and conviction of the head librarian of the oldest medical school west of the Mississippi for stealing rare and historic medical texts, some dating to the sixteenth century. He exposed the Texas prison system’s wholesale practice of allowing the use of inmates as subjects for medical residents to hone their skills in cosmetic surgery at public expense in a state teaching hospital. The facelifts, tummy tucks, breast reductions, and brow lifts, came to a halt.
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Steven Long covered the Andrea Yates murder case for the New York Post from the scene to conviction. For the same paper, he located rogue CEO Ken Lay who was in for ten days when the Enron scandal broke in the balcony of his Methodist church. He covered the lengthy and complex trial of the Arthur Andersen accounting firm for Agence France Presse, as well as Crain’s Chicago Business. He has appeared on Inside Edition, the CBS Early Show and Catherine Crier Live, as well as Mugshots on Court TV. Steven worked as a consultant to Dateline’s segment on the sensational Robert Durst Case. He has appeared on Northwest Afternoon on ABC/KOMO in Seattle. Steven appeared on the E Network’s series, “Women Who Kill.”

Long served as courtroom analyst and special correspondent with CNBC for its extensive coverage of the Lay/Skilling Enron trial. During the proceedings he frequently appeared on the popular business channel’s “Squawk Box” and “Power Lunch” programs.

Steven and his adopted horse Façade have appeared on Animal Planet’s “Animal Cops Houston.” Façade is an SPCA rescue animal. Steven and his wife Vicki recently adopted Flying Algonquin, a retired race horse saved from slaughter.

His most recent assignment was for Cowboys and Indians Magazine for a story on Willie Nelson and his Paint horses. He was on assignment for the same magazine he had previously completed a story about actor Tony Curtis.

An avid horseman, Steven Long has been a contributor to Western Horseman magazine. Long also serves as owner and editor of Horseback Magazine, (www.horsebackmagazine.com). His work has appeared frequently in the Houston Press.

Steven Long is a regular contributor to the respected true crime forum, In Cold Blog http://incoldblogger.blogspot.com. His most recent journalism award came from the American Quarter Horse Association for his “Hoofbeats on Hollow Ground” which appeared in the respected Texas Parks and Wildlife Magazine. Besides his writing career, Steven Long holds a certification in corporate community relations from the Center for Corporate Citizenship at Boston College

Steven Long is a co-founder of the National Alliance of Urban Literacy Coalitions (Literacy USA), and completed three terms on the national board of CASA, the Court Appointed Special Advocates Association, based in Seattle. CASA volunteers throughout the nation help the courts place abused and neglected children in safe and permanent homes. He currently serves on the organization’s prestigious Emeritus Advisory Board. He is also longtime vice president of the Greater Houston Horse Council where he also chairs the Governmental Affairs committee.

Steven and Vicki Long, a fiction writer, live in Houston, Texas.

The Point that we hopefully have made is that when Steven Long does an investigation he gets right to the core of the issue. Today that issue happens to be a government agency that is totally out of control, and the reason “Money” money is greed, and there is a lot of that to go around.

Mr. Long can be reached at:

P.O. Box 681397 Houston, TX 77268 - 1397
(713) 202-7644 steven@stevenlongwriter.com

http://horsebackmagazine.com/hb/

The Views and Opinions Expressed by the author are his or her opinions only and do not necessarily reflect those of this Web-Site or its agents, affiliates, officers, directors, staff, or contractors. The author at the time of this article did not own any shares or receive any consideration financial or otherwise from any company or person mentioned or referred to in the article.

 
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