Business & Personal Life Cycle

Comments

[Mark Murphy]

Hi Charles,

Thanks for the CE classes. Stumbled across your blog site. Interesting stuff. Sorry to hear you are closing your doors, but I
recall you mentioning how slow things were. Another good business having to lay people off due in part to this economy.

I do quite a bit of reading and research about the root causes of the housing bubble, spike in oil prices a couple of years ago, commodity bubbles the SEC, Goldman Sachs and have come to the realization that a precarious situation was made much worse because people like GS do whatever they can to manipulate commodities prices and inflate bubbles taking short positions all along knowing they will rapidly implode or at least deflate thus making huge profits at the expense of the rest of us.

I'm waiting for the next artificial bubble which I expect will be food or water because these are things where the legally sanctioned robber barons will have us by the short hairs.

What gives impetus to all of this are the SEC Regulators (asleep at the wheel) or Bonding agencies have conflict of interest relationships with the financial institutions they are supposed to rate.

Banks are protected by the taxpayers against bad risks no matter what they do. Bank CEOs will be paid millions no matter how bad their decisions are. Congress at the urging of Barney Frank, Chris Dodd and others in the pockets of the banks helped abolish the Glass Steagall Act and now act like they are here to rescue us from a problem they created. So much corruption and hubris.

On another not. I read your article about Niello and small business. He is a good guy who helped me with a licensing issue and cares about the people. How come Congress on the other hand seems to be absolutely corrupt and will sell all of us down the river as long as the highest bidding special interests line their pockets with re election money. Well I won't go on.

Good luck in your endeavors. Say Hi to your lovely wife. Mark Murphy - Fire Insurance recovery Public Adjusting