Chairman Greenspan and the FED, learn more you will be glad you did
So many people work their whole life to make money, but they know so little about out monetary system. They know so little about the Federal Reserve Bank and so very little about the brilliant minds, which make it all work. To get a better insight to the behind the scenes strategic planning and the intense thought which goes into making it all work I recommend you read a few books on the subject. Let's start on an easy one for your on-going education as an Entrepreneur; I recommend you first read:
"Quotations of Chairman Greenspan-Words from the man who can shake the world." By Larry Kahaner.
This was a great book, which studies Greenspan's early days in the private sector and his many quotes throughout his career. The book is broken into sections and can be read comfortably in one night. If you read this book you will laugh at the big words used to describe nothing and the way he answers questions with riddles, which intertwines history, politics and modern day fluctuations in markets. He often describes situations with which such disdain for politics and rhetoric with what on the surface appears to be more of the same, yet his carefully and large inventory of words appears to have a symbolic meaning and often answers more than just the question.
His comments often go unchallenged because you have to carefully review all the statements and piece it together to understand what he said and by that time it is too late to ask the next question. He appears to be doing an excellent job and having a lot of fun screwing with peoples heads who are of less intelligence. His thoughts on recessions, gold, education, transportation, communication, derivative trading, S & Ls, silver, gold, employment, Housing, small business, social security, medicare, Demographic diversity, junk bonds, sector rotations, unemployment, Debt, government spending, population, inflation, the economy at all levels and everywhere in the world are discussed. His thoughts on competition, in the free market etc. His comments of government bureaucracy and its role in business and also how companies use the government to set laws to impede competition and why this is good at times too; Interesting that a man could have so many thoughts on so many things, which seem unrelated yet are all related in a three dimensional way to everything else. I know someone just like him in fact, but only one. Few are even close to being in the same bathtub or ball park for that matter.
He talks about how things, which are seemingly unseen, affect larger issues later. He talks of consumer savings and credit card debt and taxation and rebates. Global financial markets and leading economies and how the IMFs actions can affect the common man and how free trade encourages commerce and quality of life and increased profits from those who may appear to be damaged and how efficiency which is so difficult to measure on the surface yet so obvious in the macro scheme of things.
I would say that before anyone is allowed to question Greenspan at a Senate Sub meeting ought to first read this book. This book should also be read by every local level politician and especially by the good ole boys in the South. It should be read by those who support unions and toll ways and over regulation, as those intellectually challenged folks might learn something without having to read 900 pages of Ayn Rand. Those opposed to NAFTA and in favor of bigger over the border truck restrictions. It should be required reading at all Business Colleges especially economic classes and electives. Hell it only takes on night to read anyway, why not have every one who takes a business class read it. I think all protestors of monetary policy should read this before they go and protest so they know exactly what they can really do to help. It is amazing to me that all this information is available to the public and business world and politicians yet no one gets it. After reading this book, I would have to say for the most part Greenspan is correct in his observations, assumptions and actions. Read it, think on it and I'll get back to you with another book selection.
"Lance Winslow" - If you have innovative thoughts and unique perspectives, come think with Lance; www.WorldThinkTank.net/wttbbs
 Google News Updated : Fri, 10 Oct 2008 17:49:09 GMT UPDATE 1-Bush says US moving quickly to solve market crisis - Forbes
Forbes - WASHINGTON, Oct 10 (Reuters) - President George W. Bush said on Friday the US government was moving aggressively to address the financial markets crisis, but he acknowledged that anxiety was feeding on itself as stocks continued to plunge. Bush appeals for confidence Bush Says Markets Must Remain Calm Despite Challenges Publ.Date : Fri, 10 Oct 2008 16:33:45 GMT A Cautious Approach to Gardasil Shot - U.S. News & World Report
U.S. News & World Report - News today cheering the fact that 1 in 4 teen girls has received the Gardasil vaccine sounds to me like some serious spin from the Centers for Disease Control and Prevention, the government agency pushing girls as young as 9 to get the shot. Cancer Vaccine Used by 25% of Girls 13 to 17 Quarter of adolescent US girls received HPV vaccine Publ.Date : Fri, 10 Oct 2008 17:14:13 GMT Eagles' Westbrook out for Sunday's game - Sports Network
Sports Network - Philadelphia, PA (Sports Network) - Philadelphia Eagles running back Brian Westbrook will not play on Sunday at San Francisco. Westbrook, who has been hampered by a sprained ankle he suffered in the Week 3 victory over Pittsburgh, fractured his ribs in ... Brian Westbrook: Ruled Out Les Bowen: Eagles vs. 49ers: The pick Publ.Date : Fri, 10 Oct 2008 17:20:18 GMT Coleman calls off negative ads - Minneapolis Star Tribune
Minneapolis Star Tribune - By Patricia Lopez, Star Tribune ...and it has nothing at all to do with several outlets (including one of Franken's ads) letting us know that a Coleman ad that wants us to … read more see Franken looking out of control/angry, is actually video of ... Coleman: I'll remove negative ads and urge others to do same Coleman says he'll pull negative ads to focus on economy Publ.Date : Fri, 10 Oct 2008 17:25:04 GMT Help Support Breast Cancer Awareness With Lifespring Health - MarketWatch
MarketWatch - Lifespring Health will be Donating $5 to the Susan G. Komen Foundation Each Time you Shop Online This Month SUNNYVALE, Calif., Oct 10, 2008 /PRNewswire via COMTEX/ -- October is breast cancer awareness month! Go "Passionately Pink for the Cure" on Oct. 17 Panera Bread to sell pink bagels Publ.Date : Fri, 10 Oct 2008 16:05:31 GMT States probe possible voter registration fraud - Chicago Tribune
Chicago Tribune - Questions about possible cases of fraudulent voter registrations were being raised this week as officials in several states investigated hundreds of questionable or duplicate registration forms submitted by an advocacy group. Carnahan statement on ACORN registration mess Republicans try to tie Obama to vote fraud cases Publ.Date : Fri, 10 Oct 2008 16:48:10 GMT NATO agrees on Afghan drug role for military - The Associated Press
The Associated Press - BUDAPEST, Hungary (AP) - NATO defense ministers Friday authorized their troops in Afghanistan to attack drug barons blamed for pumping up to US$100 million (euro74 million) a year into the coffers of resurgent Taliban fighters. NATO Joins Drug War in Afghanistan NATO to Hit Drug Trade in Afghanistan Publ.Date : Fri, 10 Oct 2008 16:11:48 GMT Increase Online Traffic |
PARLOT::Ebooks, Scripts,
Websites, and more... Living in the twilight zone has its advantages. In the... Read More There are certain traits and skills that many successful online... Read More Every evening as the sun sets beyond the mangroves that... Read More I recently conducted a lil' survey asking my colleagues what... Read More The most important function of a business plan is to... Read More It is paramount that all franchising companies work hard in... Read More Q. I was laid off six months ago. Jobs in... Read More Q: I'm thinking about starting a business since that seems... Read More Isn't enthusiasm a good thing? Aren't we urged to be... Read More In a recent talk to the Detroit Economic Club, President... Read More This morning I woke up at 4:30 in the morning,... Read More Franchising Trade Journals do not do well, because today with... Read More Adolescence brings with it many challenges ? for both parents... Read More Would you like to increase your chances of business success... Read More Enjoying the title of entrepreneur is a hollow feeling.If you... Read More Becoming a successful entrepreneur in the online world is no... Read More I had a health scare in December.As it turns out,... Read More It is only natural that when you start a business,... Read More Entrepreneurs and companies who are seeking venture capital often negotiate... Read More Don't let these stop you from having a business plan... Read More How often have you either referred to or considered the... Read More I've gotten several questions recently about the legalities of starting... Read More Many people have the professed desire to be their own... Read More Our client in Chicago did, located right outside downtown too...a... Read More Once upon a time, there was a village on the... Read More
Adsense
websites
An Entrepreneurs Challenge
Traits and Skills of Successful Internet Entrepreneurs
10 Tips for Would-be Entrepreneurs
The Fear Factor
Realism vs. Optimism in the Business Plan
Franchisor Sample Grand Opening Launch for New Franchised Outlets
When Your Business Feels Like an Arranged Marriage
Business Is No Guarantee of Riches
Curb Your Enthusiasm
What Part of Handwriting on the Wall Dont You Understand - They Dont Hire People Over 50
... in Pursuing the American Dream
Corporate Espionage in Franchising
Raising Entrepreneurs: What to Do When Your Kid is Born to Think Differently
Playing Hookey Can Help! A Surprising Secret To Small Business Success!
Cut to the Quick - What is an Entrepreneur? The Inside Story
How to Become a Successful Entrepreneur on the Web
Will Your Business Survive Without You?
What Makes An Entrepreneur Tick?
The Term Sheet?s Role in Raising Venture Capital
Top 10 Business Plan Myths of Solo Entrepreneurs
The 7 Traits of an Exceptional & Successful Entrepreneur
Starting Your Business By The Book
What It Takes To be An Entrepreneur Series: Action
Salon Marketing Using Wireless Broadband Internet Access
Entrepreneurs, Are You Hauling Buckets?
Affordable and Reliable Web Hosting Starting at $4.49/Month
Independent Auto Detail Shop VS Biz Op or Franchise
Owning a detail shop can be an exciting and rewarding... Read More
How Entrepreneurs Make Money Selling Global Brands On and Off-line
Did you know that thousands of companies from all over... Read More
Business Planning for College Students and First-Time Entrepreneurs
More and more students, both in undergraduate and graduate institutions,... Read More
Starting Your Business By The Book
I've gotten several questions recently about the legalities of starting... Read More
How Home-Based Business Entrepreneurs Think
Too many people are trying to start their home businesses... Read More
3 Essential Elements of Operating a Successful Business
Have you ever imagined what it would be like to... Read More
Great Tips Of Choosing An Office
You have decided to strike it out on your own... Read More
Compensating for Your Entrepreneurial Style-or Lack of Style
I recently took an entrepreneurial quiz which evaluated my answers... Read More
Business Start Up Tips From Some Hearty Entrepreneurs
When's the last time someone asked you: "What's new?" If... Read More
Developing A Contract
As a service provider, the most important type of "boundary"... Read More
Build Your Own Board Of Experts
The most successful entrepreneurs rely on their advisory boards to... Read More
Walt Disneys Failures Could Inspire Entrepreneurs
You are a struggling entrepreneur and sometimes it feels like... Read More
Curb Your Enthusiasm
Isn't enthusiasm a good thing? Aren't we urged to be... Read More
Starting Your Business: It All Boils Down To Making Money and Saving Money
Bootstrapping in the context of business start-ups refers to the... Read More
The Use of Common Stock in Venture Capital Transactions
When raising capital for a business venture, a company can... Read More
Innovation incubator: Build it and keep it running
If your company is like the one I work for,... Read More
Franchising Companies Need New Franchisee Checklists
When franchise companies are moving fast in the market place... Read More
Online Women Entrepreneurs Need To Pace Themselves
Saving time means pacing yourself, being organized, and always prioritizing... Read More
Entrepreneurship Story; Over Regulation in Franchising Part I
Jim and Sally run a successful auto business, which they... Read More
Business Is No Guarantee of Riches
Q: I'm thinking about starting a business since that seems... Read More
The Heroic Entrepreneur: Profiting from Your Brilliance
If you look up the definition of hero in Webster's,... Read More
Ancient Warrior Secrets For The Modern Entrepreneur
The words you see onscreen trigger subconscious responses. Dark images... Read More
Angel Investors: 7 Online Business Plan Scams and 1 Real Deal
We've all seen the hype: "We'll put your plan in... Read More
An Entrepreneurs Biggest Cost
When launching a new product or company, an entrepreneur must... Read More
Book Yourself Solid: The Simple Selling Process
As a service provider you may not want to think... Read More
Entrepreneur |