It’s Your Time.
An economic system characterized by private or corporate ownership of capital goods, by investments that are determined by private decision, and by prices, production, and the distribution of goods that are determined mainly by competition in a free market; this is the definition of Capitalism (merriam-webster.com).
It’s this system that gave birth to
To pay or to get paid, this is the question.
Which banks are you working for? A stunning statistic shows the nation’s biggest banks own 63% (up from 17% in 1995) of America’s GDP (Gross Domestic Product): http://finance.yahoo.com/news/Financial-Debate-Renews-nytimes-391084522.html?x=0. If you’re like me, you’ve spent a countless number of months, years or decades paying banks like Chase (corporate headquarters photo below) and Bank of America. So, where do decades of payments lead you? Is there an end in sight or is it acceptable that pay day means banks get paid and borrowers will endlessly pay?
A recent story in the Sunday edition of the New York Times discusses the nearly 30 year long financial fog (which, we’ve become very accustomed to) of cheap credit, low savings and a historically high dependence on banks. As Wall Street recovers from the most economically shocking financial crisis since The Great Depression, it’s safe to say the days of record low interest rates, easy underwriting and care free personal finance on Main Street are coming to an end.
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Free from fear, free to live.
Ever find yourself swimming in the sea of fear? Waves of negativity endlessly flow from media, people, things and events in a relentless effort to get you to believe the hype in so many shapes and forms: from “eat this, not that” and “save now, buy that” to claims like, “the future of your children is bleak”, fear is the engine fueling the global economy and quality of life for the young, old and middle aged populations.
March Madness or March Gladness?
Moraga, California (Near Oakland) is home to college basketball’s surprise team which dug deep enough to not only win the school’s first big national tournament game since 1959 on Thursday, but topped it off with a trip to the “Sweet 16″. (ESPN.com) The underdog beat the perennial powerhouse on Saturday giving the basketball nation a free lesson on the endless possibilities in life through the excitement of “March Madness”.
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Today is underrated.
Is your world coming to an end today? Maybe the answer is in daily activities; as fast as the average person hustles from one place to the next, chasing the accomplishment of another task on a different day, a “fly on the wall” could very well conclude most people are rushing as though the world ends everyday while thinking as if life is forever….
