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Financial Bailout: Is there a plan B?

Posted by Guru on October 13th, 2008

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We recently discussed this ‘roller coaster ride’ in the stock market here. Now how do you like the 936 points to the upside on the Dow Jones Industrial Average? At least it was on the positive side of things. So should be better to handle. As the U S federal government moves to buy a stake in the banks and makes other moves, the confidence in the market appears to have been restored. Though this is at a huge cost to the taxpayers, most people were itching to see a halt to the market’s downward death spiral.

We are hearing a lot of what’s happening in the media. Yet, not much is being discussed about any alternatives, root cause of the problem or can we solve this problem in other, hopefully more permanent ways. Well, our freindly trustee, Daniel Davis of Beyond50Radio is ready to share with us the other side of the ‘coin’ on this subject.  In his recent interview with Harley Schlanger of the Lyndon LaRouche Political Action Committee (PAC), Harley and Daniel discuss the genesis of this issue, the more recent developments, alternative ways to solve this malaise. This is an in-depth, no-holds barred, alternative view discussion. In this interview Harley Schlanger reveals some surprising information about the bailout bill and a possibility of our president imposing martial law if the bailout bill was not passed in time.  

Click here to access this lively Interview with Harley Schlanger of Lyndon LaRouche Political Action Committee (PAC).

Our request is that you consider all views, opinions and be your own judge.

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We recently published an interview with Judith in our blog. As you probably remember, Judith Auslander runs The Wise Heart Coaching as a life coach and has helped many a people of all ages with their issues, hurdles in their lives. Judith has graciously agreed to write regularly as a guest columnist for us to help our Baby Boomer readers with their issues, to address their concerns. She has also offered to help answer any questions you might have around this topic, as it concerns to your lives. So do take advantage of this and post your questions as comments to her posts OR if you prefer, you can e-mail your questions by clicking here.

We are pleased to announce that beginning next week we will be publishing Judith’s columns. The first set of her columns is a series of 7 posts that address the topic she aptly titles ‘Shift2Sexy‘. She talks about this in her recent interview with us. In her own words…

Recently, I have started to focus on boomers and being sexy. It seems that many boomers have forgotten what it is to be sexy. Being sexy, by the way, has nothing to do with sex. It is about how you feel about yourself, how you dress, how you operate or move in the world. With the rapid changes that seem to occur in our body after turning 50, it is easy to stop thinking of ourselves as sexy. My feeling is that we are still sexy – and that we should still have fun. With this concept in mind, I am starting a new market called “Shift2Sexy.” How do we make that “shift” is what I am starting to write articles about, creating workshops, and planning on my second book to be about. Boomers are not like their grandparents – we are living longer more active lives. Boomers have always been the movers and shakers and we will reinvent what getting older is all about.

Judith says that she’s helped many Boomers with this issue and that it is common in other age groups too. It is a series of 7 posts/columns on the topic in which Judith deftly addresses the issue and provides ideas on how to make this shift.

Please post your thoughts, feedback and comments.

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Quotes: Food for Thought

Posted by Guru on October 10th, 2008

In this beautiful quote, Henry Ford summarizes the essence of teamwork, co-operation and collaboration. This is as important and relevant today as it was in his time.

“Coming together is beginning; keeping together is progress; working together is success.” - Henry Ford

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Quotes: Food for Thought

Posted by Guru on October 3rd, 2008

We talk about high ideals and progress; then we keep doing the same things over and over again. When it doesn’t work, we complain and whine. Naturally, it’s someone else’s fault. I had it all right and perfect. Isn’t it? In this beautiful quote, poet Maya Angelou gives the key to change, progress and success. Please take some time today and think about this quote

If you don’t like something, change it. If you can’t change it, change your attitude. Don’t complain.
- Maya Angelou

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Last week we discussed about the current financial crisis and the resulting economic situation in the country. Since we last discussed a lot has happened on this front. It appears that the country’s legislative bodies have agreed to a deal in principle and have written the draft legislation. It is widely expected to be passed by the Congress this week.

Also, one of the greatest investing legends of our times, Warren Buffett of Berkshire Hathaway decided to invest $5 Billion in one of the two last standing investment banks, Goldman Sachs last week. In light of this ground breaking investment, CNBC recently interviewed Warren Buffett over a telephone call. The complete transcript of the interview and the audio/video of the interview can be accessed here. This is a very interesting, no holds barred interview. It gives the listener a very good opportunity to peek into the legendary investor’s mind at such a critical juncture in our nation’s economy. Mr.Buffett also shares his outlook, his rationale for this investment and more. So we wanted to spread the news about this interview to our readers. Hope you’ll like it. Please do post your comments and let us know your thoughts.

Note: The audio/video of the interview is in 3 separate parts. Be sure to go to the transcript of each part to access the audio/video of that part.

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