Comments on: Understanding This Financial Mess

By: Jeffrey Nay

Jeffrey Nay — Tue, 23 Dec 2008 17:02:48 +0000

Understanding the cause is no longer as important as understanding what this economic climate IS, and what it IS NOT. This recession is MENTAL. The press gets paid to sell TV time, newspapers, and magazines. And since no one buys “happy news”, what can we realistically expect to hear from the media? While the genesis lies in real financial problems, the panic and mania have overtaken the problem itself, and are now causing the very things everyone fears! STOP THE MADNESS, people. We counsel our clients weekly: stop listening to the news (you already know what they are going to say), and continue to focus on building your business. This is a once-a-century GOLDEN opportunity that lies in front of us right now.

By: John

John — Fri, 28 Nov 2008 19:37:45 +0000

The economic crisis is caused by money laundering by a network of insurance companies owned by AIG. AIG’s subsidiaries take in billions of dollars of premiums and send the money to pseudocompanies in other countries where there is minimal regulation. They then “cook the books” here in America making their financial statements look huncho dori. Sound familiar? A little like the crooked accounting at Enron? You got it. After this is accomplished, the bastards that sent the money can then retreive it. This is THE CAUSE of our economic crisis.

By: Hilary Topper

Hilary Topper — Sat, 22 Nov 2008 20:16:42 +0000

I agree with you. It’s a mess and what’s really causing the mess is the media. I really think that people are simply scared to do anything and everything. No one wants to spend money on anything including marketing, which should be done more now than ever before! I’m also a fellow EO’er from NYC. Just my 2 cents…. Hilary