The Recession Is Over--No Thanks To Stimulus

Interesting article on the Economy and Stimulus by two economists. See why the stimulus was more political than economically successful.

http://www.forbes.com/2009/12/14/larry-summers-recession-recovery-opinions-columnists-wesbury-stein.html?partner=popstories
Brian S. Wesbury is chief economist and Robert Stein senior economist at First Trust Advisors

Soldiers - Say Thanks

Xerox and a charity step up for something nice for our troops. Great job, the kid's designs are adorable. Let everyone know.

Jim Rohm Passed Away December 5th

Jim Rohm was one of the great teachers in the self improvement networks. He was successful because he wanted his listeners, his readers and his guests to succeed like he had. Actually he would have rejoiced if you became more successful than himself. He wanted everyone to develop all their gifts. Here is the tribute at Jim Rohm's website.

http://tribute.jimrohn.com/

God bless,
Steve Amos

The 10 Questions You Should Never Stop Asking

Turnaround Tactics

 Really good article for anyone managing, developing strategy or entrepreneurs.
Steve

http://www.forbes.com/2009/11/20/ten-key-questions-entrepreneurs-management-kramer.html?partner=popstories

Political Uncertainty Puts Freeze on Small Businesses

Very Good Wall Street Journal Article about why small businesses are not hiring or may be laying off. Think this is a common reason businesses are not taking advantage of the economy to expand market share. The uncertainty of the new health care costs, increasing taxes in 2010 when the Bush tax cuts expire, and political new taxes like Cap and Trade are causing businesses to hold on to cash. The recovery may be slow in the current situation until some direction is clearly coming from Washington.
http://online.wsj.com/article/SB125659324579108943.html
The leaders who can see a way to expand their businesses will be rewarded when the recession ends. How can you affordability grow your business market share now? Your customers will thank you.
Steve Amos

Energy prices have resumed rising

The price of oil is going up and there are several questions why.Oil storage are full and full tankers are sitting outside our harbors. Due to supply, prices should be falling.

In the back of everyone mind should be the situation in Iraq. The nuts running Iraq want to dominate the middle east, and really believe they can bring their mullah back from the 13th century by destroying infidels (Israel) and spreading their religion throughout the world. Russia is not supporting sanctions against Iraq, and may force Israel to attack. If that happens Iraq will mine the waterways and trap 25% of oil tankers from reaching the West. Needless to say prices should spike if this happens.

Add to that US government spending tripling our debt without any job creation. The value of the dollar is falling by design which also drives up prices of commodities. They believe it will make us able to export more, but they have not eased regulations on small businesses. Add to that small businesses are afraid what will happen with the health care bill. No wonder the economy is slow. This does not even include banks and businesses deleveraging, nor consumers reducing spending over job fears and increasing savings.

No wonder oil went from $65 to $80 in the last eight weeks. Gold has crossed $1,000 per ounce and is still rising. The dollar is still easing. Do not see anything stopping these trends in the next six months, or until the Iraq situation and health care is resolved. I bought ETF's in Gold at $950 and Oil at $65 because I expected the dollar to fall.
Steve

PS - see current MarketWatch article below about oil prices.
http://www.marketwatch.com/story/oil-falls-as-api-reports-rise-in-crude-supplies-2009-10-21

Barnes and Nobel Competes

You have to admire what Barnes and Nobel is doing these days. In a weakening economy they have chose to compete. Amazon had better look over its shoulder.

• Barnes and Nobel are offering free electronic readers for use to download. You can read electronic books on PC’s, Mac’s, iPhones, iPod touches, and Blackberries. They even give you a few classic books to get you started.
•  College textbooks are offered up to a 30% discount and with free shipping. Really important in September and January.
• B&N offer free Wi-Fi in their stores, especially the ones with a Starbucks. There is no decrease in books on the shelves, and the stores in Socal are all orderly.
• The membership program is still active with healthy discounts on books.

Would not be surprised to see them sell Sony’s reader to take more share from Amazon Kindell. Would be a natural partnership for Sony.

 

In short it is good to see well run companies innovate.
Steve

 

9/11 showed us who we can be

A very good article about the grace and warmth of people after a disaster. We are much more caring and helpful than people believe. This is from the LA Times.
http://www.latimes.com/news/opinion/la-oe-solnit11-2009sep11,0,5396972.story

Actually went to dig up the original article, and think the LA Times article was more focused (i.e. better). Here it is
Rebecca Solnit, 9/11's Living Monuments
http://www.tomdispatch.com/post/175112/rebecca_solnit_9_11_s_living_monuments

Sorry the links are not working. Copy and paste into your browser. You may have to search www.latimes.com to find the title article.

Know we are meant to be better than the self center children we started out to be. Amazing how much better we can be.
God bless,
Steve

Tough Tech Rugged Gear That Can Survive Almost Any Calamity

A fun article for your Labor day about technology that is not fragile, but meet a MIL spec for strength and durability. Fortunately my job does not require these tools.

http://www.pcworld.com/article/170706/tough_tech_rugged_gear_that_can_survive_almost_any_calamity.html?tk=nl_wbx_t_topstoryn

You may have to go to PCworld.com and search for the article title Tough Tech

After you peruse the high priced I really don't need its, go to the Essential (and Cool) Laptop Gear article to see laptop gadgets like the PLANon DocuPen Color Scanner RC805 and other elite tech gear you probably don't need... :)

http://www.pcworld.com/article/170418/essential_and_cool_laptop_gear.html

Have a great Labor day! I have to get back to working on finding more work.
Steve Amos

A peek into the future

Good article about the near future of technology.

http://www.latimes.com/business/la-fi-cover6-2009sep06,0,6494829.story
Copy and paste or just search "A peek into the future"

I love predictions. It is amazing how wrong we get them. Yet is it shows how we are trying to solve problems all the time.

Wireless electricity seems like a side effect failure, but there are great places to use it. Especially how difficult it is to run some wires. RUF seems too costly. There is a better chance for cars to use other software technologies which do not require the infrastructure.

N + 3 Aviation and Nanotechnology do seem like the future. There is a tremendous need for both of these technologies.

Just my guess about these technologies. What is yours?
Steve Amos