Category Archives: Financial

Customer Wallets Are Tight

The unemployment rate in the U.S. may have hit a four year low. U.S. government sources are claiming that the initial claims for unemployment benefits have fallen by 5,000 applications to a seasonally adjusted figure of 348,000; but this doesn’t mean that customers have become more open to spending more money. Yet it is good to hear that employers in the U.S. have created 245,000 jobs per month between December 2011 and February 2012. On the face of it, at least for the short-term, these figures suggest that growth is returning to the U.S. market.

However, Ziad K Abdelnour author of Economic Warfare: Secrets of Wealth Creation In The Age Of Welfare Politics thinks that, in the long term, the policies of the U.S. government and the U.S. Federal Reserve are going to cause more havoc. In Abdelnour’s view, President Obama’s administration is overly focused on job creation as it attempts to “buy” the country out of recession with increased budget deficits. Abdelnour believes that this is eventually going to damage the U.S. economy because the U.S. government is not concerned with empowering individuals to create growth.

 

For More: http://www.icmi.com/Resources/Customer-Experience/2012/04/Customer-Wallets-Are-Tight-So-Is-Empathy-the-Best-Strategy

Defending the Rich from the Author of ‘Economic Warfare’

It is an oft-repeated axiom that a person can learn a whole lot about a society by how it treats its poor; but just as much may be learned by looking at how that same society treats its rich.

Indeed, the economic future of the poor—and our nation—will be determined in the coming decades by how we treat the people in this country who create great wealth. It will be determined by our understanding of the so-called rich and by our need to foster and protect this minority of true wealth creators.

It is an unpopular thing to say…Rich people need help?

Rich people need to be protected?

Rich people a minority?

“Give me a break,” people say. “They just seem to keep getting richer!”

For More:: Defending the Rich from the Author of ‘Economic Warfare’

How to make Money in the Obama age

With our country spinning in a whirlpool of change, it takes some daring to resolve to not only survive but to thrive. As government chugs along toward its destination of no longer being the friend of the American citizen, it behooves each citizen to take care of himself and his own.

That’s why Ziad K Abdelnour’s new book, “Economic Warfare: Secrets of Wealth Creation in the Age of Welfare Politics” grabbed my attention. In short, America is the land of opportunity, but it is being run by change agents who want to take your hard-earned money and redistribute it to voting blocs beholden to … the redistributors!

 

For some time, this reality has created real problems for the most innovative and resourceful Americans. It is also seen in the subtle propaganda in the media, who love to lambast, for example, corporations, in the drive to remake America. The non-discerning (see Movement, Occupy) lap it up and fail to see they are merely dupes.

Thank You.

Standing with Donald Trump

Israel’s wall along the Palesinian territory has reduced terror assaults dramatically. Tunisia and Israel are building walls to keep ISIS out of their countries. If there was little hope of the walls keeping out an entire army of well armed extremist fighters neither country would waste the resources to build them. Yet the primary excuse in the U.S. for not finishing the wall along the southern border is that it cannot work.

The false outrage over Donald Trump’s recent remarks about illegal immigrants were twisted to meet the desires of those crying wolf. Almost immediately three horrible crimes were laid at the feet of illegals sheltered in cities that refuse to cooperate with immigration laws or even court orders to deal with criminals as illegals.

There is a malignant will on the part of liberal politicians to keep our borders open to all comers be they murderers, rapists, or ISIS terrorists. Iran supports Mexican gangs along the border with the U.S. and has supplied gangs in the Southwest with weapons and training. Hizbollah and Hamas openly have a presence in Mexico within walking distance of the U.S. border.

 

For More: http://ziadabdelnour.net/standing-with-donald-trump/

 

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Bailouts – Reality vs. Fiction

Would Einstein find it insane that the governing elite would encourage the 4 biggest banks, that were the main culprits in creating a worldwide financial collapse, to actually get bigger? The largest banks in the U.S. now control 72% of all the deposits in the country versus 68.5% in 2008.

 

The Too Big To Fail are now Too Bigger To Fail. Rather than liquidating the bad debts, breaking up the insolvent banks, selling off the good assets to well run banks, firing the executives, and wiping out the shareholders & bondholders foolish enough to invest in these badly run casinos, the powers that be chose to protect their fellow .01% brethren and throw the 99% under the bus.

 

The Fed’s latest actions in cooperating with foreign central banks to undertake liquidity swaps of dollars for foreign currencies is another reason why Congress needs enhanced power to oversee and audit the Fed.

 

Entrepreneur? Or just ‘self-employed’?

By Steve Sipress Just when you thought last month’s non-stop media circus surrounding the largest-ever Mega Millions lottery jackpot was nothing more than a memory, the story is back in the news again, now that the final winner has come forward to claim the remaining one-third share of the record $656 million prize.

One popular routine used by the news media every time there’s a large lottery prize about to be won is the obligatory “man on the street” interview session with people waiting in line to buy tickets. There might as well be a script because the questions – and answers – are basically the same every single time it’s done: The reporter shoves a microphone in front of an excited ticket buyer’s face and asks the classic question, “What will you do if you win?” The immediate response is almost always the same: “I’ll quit my job.” (Sometimes there are slight variations, such as “I certainly won’t go in to work tomorrow – that’s for sure!”) The politicians must not be watching any of this, because all they keep talking about is creating more jobs.

A couple of weeks ago, my sister-in-law, Lisa took a full week off from work to spend time with my beautiful wife, Michele, and their mother while I attended a business conference

For More: http://www.chicagobusiness.com/article/20120418/BLOGS06/120419783/entrepreneur-or-just-self-employed

 

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Failure to Hike Debt limit means global catastrophe?

One week has already passed since the Oct. 1 federal government shutdown forcing massive furloughs of workers and suspension of services not excepted by the Anti-Deficiency Act.

Because Congress did not enact regular appropriations or a continuing resolution for the 2014 fiscal year, appropriations have lapsed, and about 800,000 federal employees were indefinitely furloughed without pay, while another 1.3 million “excepted” employees were required to report to work for some indefinite period without pay until an appropriations bill is passed or their function is no longer excepted.

For More: http://www.wnd.com/2013/10/failure-to-hike-debt-limit-means-global-catastrophe/

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Will Sanctions have Economic Impact on Russia?

My short answer: Nothing of significance will create a dent in Russia’s economy.

Think about it this way:

  • Suspending Russia from the G8 Summit and placing a visa ban against Russian politicians are merely symbolic gestures and do not seem to affect Russia in any symbolic way.
  • Even the sanctions on trade will not cause much harm (as only 2 percent of Russia’s exports got to the U.S. and mostly includes petroleum products, and only 5 percent of total imports from U.S., including vehicles, agricultural products, chemical products and civilian aircrafts, etc). They can always procure them from other countries.
  • Russia can survive by forging a close alliance with China. They are not allies the way the U.S. and European Union are, mainly because Russia expects China to have a go at Russia’s Far East at some stage. However, tactical needs for survival can trump the strategic concerns. That can result in close and truly cooperative alliance of China, Russia, Kazakhstan, perhaps Mongolia, some others, with China building high-speed railways all the way to Sevastopol.

        For More:   http://www.wnd.com/2014/04/will-sanctions-have-economic-impact-on-russia/

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Investment Banker How to Succeed in Challenging Environments

Investment CEO Ziad K Abdelnour and recruiting company founder Dan Mori talk personal tips to making money

Students looking to graduate and jump into the private sector were given a taste of New York’s Wall Street and Binghamton’s Main Street.

Binghamton University’s Graduate Student Organization (GSO), Alumni Association and Enactus, a business-oriented student organization, hosted business entrepreneurs Ziad K Abdelnour and Dan Mori on Saturday in the Old Union Hall.

Mori is president and founder of Employment Solutions, a local staffing and recruiting company, and Abdelnour is president and CEO of Blackhawk Partners Inc., a commodities trading and private investment firm.

 

For More: Investment Banker How to Succeed in Challenging Environments

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America was Created to be a Land of Opportunity

America was created to be a land of opportunity, where the individual could take an idea, develop it, and create wealth in the process. Unfortunately, not everyone agrees with this notion. An enemy has arisen in our midst, one who has single-mindedly worked to subvert and even destroy this opportunity.

Surprisingly, it is those we have elected and entrusted with managing our federal government and its burgeoning bureaucracies who are running the country into the ground. Operating under the arrogant delusion that theory is wiser than experience, they have given us an endless stream of programs. Instead of correcting our social ills, these programs have only exacerbated the problems and actually created more challenges due to the unintended consequences of incompetence, mismanagement and corruption.

 

See more at: http://www.economic-warfare.com/Home/About

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