(Blog 1221-1216) Nothing has changed since December 2008 to alleviate the People’s socioeconomic hardship. The FDIC has spent about $40 billion of the People’s hard earned tax dollars on insolvent banks. Financial companies are still given senior management 10s of millions of dollars in bonuses. Home foreclosures and businesses bankruptcies have not ceased. There are still over 20 million people without jobs. The people, including the rich, have experience a drastic reduction in their monthly disposable income. Foreigners have slowed the rate at which they purchase US Treasuries. The Nation’s national debt keeps increasing and there is no end in site. The solution: “Implement the 13 PEOs in my book “2008 When Wealth and Dreams Disappeared, Solutions to America’s Economic Problems.

Still no jobs and more $100 million bonuses

(Blog 1228-1222) We are quickly approaching the 1^st Anniversary of the 2008 “Economic Meltdown” and nothing has been done to:

(1) Restore the over 20 million jobs lost and cure the conditions to prevent companies from laying off workers. Is your job next!

(2) Wall Street Financial companies are still paying out 100s of millions in bonuses. The latest outrage is Citigroup planning on paying one person $100 million dollars. This is the bank that has received 100s of billions dollars in bailout funds (taxpayer moneys/guarantees) and which the People own over 35% of the company.

(3) Avoid a credit card financial meltdown.

(4) Prevent bank failures and the FDIC from handing out 10s of billions of the people tax dollars to banks. Colonial BancGroup with about $25 billion in assets taken over by the FDIC.

(5) Stop the continuation of home foreclosures.

(6) Secure the value of the people’s pension plans.

(7) Prevent the Government from providing financial companies, the culprits that created this economic nightmare, with 100s of billions of taxpayer’s money.

The people’s anger and frustration can only have a positive outcome if it is channeled in a positive manner toward a very specific end objective. That end objective is to create sustainable economic solutions. In my book, see link below, I present practical solutions that can create over 20 million jobs and restore prosperity to all Americans. More importantly, the action which my book is requesting from the people is to implement the 13 Presidential Executive Orders (EOs) in the conclusion. The People’s call for financial stability and more jobs can become a reality if everyone starts to request the same thing: Implementation of the 13 EOs.

Creating 15 million Jobs Now

(Blogs 1235-1229) Over 1 ½ year into the recession and the People’s economic hardship has not been alleviated. As of July 2009 there were over 15 million people unemployed for over 6 months. This is the first time in 61 years that so many people have been out of work for so long. This means that the remaining about 140 million workers are going to have to make up for the deficit in monthly federal taxes, due to having 15 million not working.

America needs to create over 15 million jobs immediately. This will ensure that the unemployed People do not prevent an economic recovery by creating further economic chaos. The non working Americans will create another economic catastrophe if they are unable to pay their credit cards and mortgage monthly payments.

Further, it is a fact that the people cannot depend on the economic sector to rescue them. It is a fact that for the last 10 years yearly job growth attributed to the private sector has been about 0.01%. This value is insignificant and it proves that the cavalry to restore economic stability to the People will not come from the “Private Sector.”

The time for action is now: To create over 15 million jobs immediately and get Americans working again the People must implement Presidential Executive Orders (PEO) # 4 and # 2 written in my book. Further, to increase People’s monthly income and prevent a National credit card melt-down and to stop dwelling owners from losing their homes implement PEO #6 and #9.

[No one is safe. The working Americans must act now before their jobs also end up being lost to the recession: Is your job next?]

US Economic Out of Control

(Blog#1236)- More than 27 million Americans are taking Antidepressants and the government’s tax receipts have declined to levels not seen in over 75 years. This is empirical evidence that something is not right in America. For instance, the taxes it collects every month from workers’ paycheck, have dropped about 22%. Similarly, with so many businesses going bankrupt the corporate receipts have dropped by about 57%. This means the government has to: (1) print more money out of thin air or (2) borrow money from foreigners in order to maintain order and social tranquility. In option number (1) the value of your money/dollars is reduced. Recall that $100.00 in 1930 is now worth about $1,289 or more due to all that printing of money that the government does. Option number (2) is no better, borrowing money just increases the Nation’s deficit which will eventually increase out taxes because we have to pay it back and also pay yearly interest to the creditors. The only way out of this economic nightmare is to implement Presidential Executive Order #4 presented in my book “2008 When Wealth and Dreams Disappeared.”

(Blog#1237)- Our country is experiencing a monumental socioeconomic crises. In the next few months about 1.5 million people will run out of unemployment funds. The National unemployment rate is over 12% and in Michigan it is over 15%. The country keeps printing more money which devalues the worth of the People's money: $100.00 in 1930 is now worth about $1,289. The Banking system has been flooded with over $1 trillion and the People have gained zero benefit from such an unwise action.

The patchwork remedies, currently being implemented, based on old ideas, used over 50 years ago to resolve economic problems, will never create sustainable solutions for Americans living in the 21st century. The year when everything changed was 2008. Consequently, Americans now find themselves at a “Cultural Crossroad” and the People soon will have to choose between two paths. [The beginning of all things is always fragile and filled with uncertainties.]

(Blog#1238)- [There is a storm coming.] The time has come to do something about the raging socioeconomic tsunami that is spreading destruction and chaos in America and the world.

Do not be fooled into believing that our problems are being resolved simply because the Stock Market value increased a few days ago and the Standard and Poor’s 500 stock index closed at around 9,160. The true facts are that: (1) too many college student still can’t find jobs and have accumulated excessive debt to get a college education; (2) people are having problems paying credit cards while credit companies are using every excuse in the book to increase rates and lower credit lines; (3) it is super difficult to get a job and far too many workers are trying to get jobs with the government because very few companies are hiring; (4) Mass layoffs of workers has not ceased; (5) Home foreclosures has not been temporary halted, for one year, by the government; (6) the unemployment rate is over 10% for workers and much higher for college students. Lastly, “Bankers” are still reaping billions of dollars in lavish bonuses, after receiving 100s of billions of taxpayers’ dollars.