Stimulus Packages Vs Wealth Creation, Part I

Compared to the cast of characters being appointed to high-level posts in Washington, Rod Blagojevich is starting to look appealing. The guy reeks with vintage Chicago chutzpah, he’s got style (What can you say about a spandex jogging outfit?), and he’s entertaining.

In fact, had B.O. appointed him Secretary of the Treasury, I think he would have added some much needed panache to the otherwise drab Obamastration. I challenge you to name anyone who has a better nose for money than Blago. He’s forgotten more about it than Ben Bernanke will ever know.

But, alas, it was not to be. Blago is far too busy talking to Geraldo and the Obama Bitches on The View. So, I guess it’s up to us common folks - the ones who are, in effect, coming up with the money to bail out Wall Street and the big banks - to figure out what Obama’s up to with his “stimulus package.”

And a good place to begin is with economics. Economics is defined by one dictionary as “the science that deals with the production, distribution, and consumption of wealth (goods and services).” Simple translation: Economics is the study of how people get the things they want.

By “the things they want,” I am referring to material things. Economics does not deal with love, religion, ethics, philosophy, or emotional issues. These and many other “things” may be important to most people, but they simply have no place in the science of economics.

What economists call “wealth” is food, clothing, TV sets, automobiles, and other products that people desire. Money itself is not wealth. Money is just a medium of exchange. To a businessman, wealth also may consist of factories and equipment, things that can be used to produce products and services that consumers want.

What stimulates real economic growth - i.e., the production of wealth - is action on the part of individuals try (more…)

How to Create Wealth Using the Internet

How to create wealth? This is the most prominent question nowadays. Without having to do lot of work or with very limited knowledge and experience people are largely attracted to work from home no fee job. You can search the websites and there are thousands and thousands of sites which say that they give jobs with no upfront fee.

But the important question is whether these jobs are really worth and whether they pay as they say. There is no way of knowing what they say is true. The government has a cyber crime center for this but they are taking steps only after people are cheated. So it is the people who should be very careful while applying for these types of jobs.

This work from home no fee job is always welcome for housewives, retired people, and students. These people can work without going to office, and also in their free time. The housewives can do their household work while doing this type of job from the internet as these jobs is mostly done online.

Not only this, since it is done through internet, people from all over the world can do this job from their home itself. Students are the mostly benefited persons since they can earn in their free time and can pay their fees for their further studies.

Some people in the testimonials say that the work from home no fee job has taught them how to create wealth and also help them to pay their bills promptly. The life style of the people who do this job has also changed to a large extent as they earn lot of money in a very short period of time.

They enjoy their life and are able to lead a very luxury life and support their children to a very great extent. There are many websites which say they make people rich in a very short period and nobody is sure whether it is one hundred percent true.

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SOS - Save Our Savings - Gold Will Keep You Financially Healthy

In today’s world of economic crisis, bankruptcies, loss of jobs and income we all try to survive economically. Making ends meet is sometimes hard enough, leaving your saving account alone even harder. You would not be the first one to nibble away some of the money that was definitely meant to be spend on something totally different. Like on your kids’ education, your pension or on that vacation you all wanted so much. Spending it on grocery bills was never on that list…

Suppose you can leave your savings alone. That would be great, but how much would your savings be worth once you were to spend them? If you calculate a modest inflation rate of about 2% per year and you take 5 years, that would be over 10%. So your paper dollar would be worth only $0.90, even less. Of course you get interest over your savings: 1.5-2% tops these days. That would sort of equal the loss of worth of your dollar, so after 5 years of not touching your money your dollar would still be a dollar - at best. If you would have exchanged that same dollar for gold, your dollar would also still be a dollar plus the grown worth of gold over 5 years.

Now why do I mention gold? Gold is for fine jewelry and for the rich who have it in their safes. And these rich are an estimated 1% of the worldwide population. So why thinking in gold? I tell you why; because today you and I can also buy gold and put that safely away for later. The average person can now exchange his paper money that is losing its worth over the years in solid gold. Not in the bars we know from the movies, but in small quantities of 1 gram, 2.5 and 5 grams. Easy to store, easy to take with you wherever you go. And not expensive to buy, unlike those bars.

With the price of gold going up most of the times - or recovering rapidly after a period of going down - gold is the one thing that keeps our mone (more…)

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