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The Spread of Prosperity in America

May 23, 2013 By Leave a Comment
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The post World War II era was a very different America from the America of the 1930′s. In the 1930’s, The Great Depression was a period of economic decline, rampant unemployment, and despair that defined America. In 1945, The Great Depression was replaced with the United States becoming economic superpower as a result of World War 2. In 1945, soldiers were coming home in the millions to opportunities in a technologically advanced society as a result of the war. These soliders started families, and these new families needed houses for a permanent place of residence. In addition, the new conveniences of the automobile, home appliances, and televisions were a part of the new post 1945 world. Both homes and new conveniences were affordable but required financing to make affordable payment options to the masses of people. As the country changed from the Depression to the post 1945 era, the banks were required to change due to required to change due toa new regulatory environment and the … [Read more...]

Filed Under: Donny Wise Live in Personal Finance, PERSONAL FINANCE NEWS Tagged With: , , , , , , ,

France actions remind how economic uncertainty brought Hitler to power.

February 14, 2013 By Leave a Comment

The enclosed  link at the bottom of the article is a story of France returning works of art to Jewish families 70 years after the Holocaust. The article makes one ponder.How could a party such as the Nazi's with Adolph Hitler at the helm come from a fringe political party to the ruling party of Germany? How could the same disturbed individuals gain allies and ignited a lightning war across Europe to almost capturing world dominance along with their main ally Japan? How did such a group of collaborators able to become a mass movement in their Anti-Semitic feelings and express the desire to rid Europe of every Jew? The answer is complex, but the simple common denominator is the economic uncertainty of the years after The Great Depression began with the October 1929 stock market crash left the world in chaos and close to collapse. Peace and security made people forgo the realities of the monsters who were coming into power. World War II and The Holocaust are stains on our history … [Read more...]

Filed Under: Donny Wise Live in Personal Finance Tagged With: , , , , , , ,

Employment discrimination targets the fabric of a free society

February 1, 2013 By Leave a Comment
Discrimination is quietly accepted in the new world of employment

The recovery in the job market has not recovered to repair the catastrophic damage of the 2008 Recession and Financial Crisis to the job market in the United States. The recovery has been given terms of a competitive market or choices of so many well qualified applicants, and this fact is true with a wealth of educated, experienced applicants applying for lower level or paying jobs with excellent qualifications and trying to land a job in the market after losing employment due to the crisis. The employer was given an edge by a job market saturated with seekers, and the flexibility of choosing became acceptable in the workplace. However, the choosing has evolved in a job market where recovery is elusive 5 years after the crisis. Employment selection and termination is relative to the subjective as performance excellent does not guarantee job security.  Subjective decisions are becoming the litmus test to hire and fire, and subjective includes race, gender, sexual orientation, past … [Read more...]

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09/11: United Day One to Divided Today

September 11, 2012 By Leave a Comment
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The act of cowards could not use intellect or strength to bring their political message in the open in a constructive manner. Those cowards flew planes into buildings,and political correctness for these empty souls that ran planes into buildings that has impacted our psyche. Political correctness loses its place amongst criminals like Hitler and the 09/11 Hijackers who could not possibly win a military battle but picked on helpless civilians in acts of terror only possible in the brutality because of modern technology. United was our nation in our cause and resolve until divisions on the invasion of Iraq because of their non-involvement in 09/11. In the eleven years since, the country is divided. Another President has intervene in more countries of the Middle East and they were not the cause of the fall of our buildings and people on that fateful day, but the outcry was only over Iraq. That statement is not political because ideology is the main culprit for our divided nature. The … [Read more...]

Filed Under: PERSONAL FINANCE NEWS, Triond Tagged With: , , , , , , , , , , ,

America’s past challenges: Fortune Favors the Bold

September 9, 2012 By Leave a Comment

  The following column was written in 2011 before the July 4th holiday. The words of politicians, the despair of economic crisis, the compromise of of values for peace and safety. Our crisis is a different era and time, but the promises of words of history's past caused a second world war and the edge of a dark new era. ********************* As Independence Day is near, America’s is celebrating 235th year of independence as the first representative government to be formed in human history. In the midst of tyranny and human imperfections, a diverse group of individuals did set aside their differences and ideology for the pursuit of freedom. The Puritans came to this new world for the pursuit of religious freedom, and that spirit transcended in the formation of this new world. A group of individuals did not hold to ideology or individual differences as obstacles to meet a common goal of seeking the opportunity of freedom in seeking independence and formation of a … [Read more...]

Filed Under: PERSONAL FINANCE NEWS Tagged With: , , , , , , , , , ,

The American arrogance over money

April 25, 2012 By Leave a Comment
Photo courtesy of Geez Magazine

The American arrogance over money is the reality in 2012. America has been the land of opportunity before the formation of this great nation. The formation of the United States was the first representative government system in the world, and freedom would ensure the future strength and prosperity of our nation. "Quality and Quantity" was an equal pinnacle of measurement of success in America, and values were the foundation to create wealth. The Puritans did not land in Massachusetts in 1620 because a huge stacks of gold were easily accessible upon arrival in the new world. The value of freedom in the new world was wealth in the assessment  by the Puritans, and money/gold would not impact all the struggles that were suffered by the Puritans. Onward 400 years into the future, the roaring 20's did end with the October 1929  stock market crash with The Great Depression in the 1930's. Another period in American history, money became the value assessment in America. The extreme wealth … [Read more...]

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The Financial Cold War: Banks vs Consumer

April 3, 2012 By Leave a Comment
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THE CREDIT CRISIS COLD WAR: BANKS VS CONSUMER-THE COLLAPSE OF A CORE RELATIONSHIP- PART ONE: THE CONSEQUENCE TO THE REAL ECONOMY. Economic Downturns are not uncommon in a free market economy, and the United States in the post war era have experienced downturns and economic stagnation that threaten to permanently damage our system. Previous recessions were followed by a statistical and realized recovery. Our current situation differs because this recession was a result of the credit collapse that involved a factor of trust. Removing other variables, the factor of trust was a primary component to our previous recoveries because banks had confidence in the consumer, and the consumer had faith in the banking system. Since the Great Depression, the core belief in our system allowed the consumer and banks to conduct business with continued faith in each other, and the foundation for recovery was a given in the past due to this shared confidence. Banks would respond to the central banks … [Read more...]

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Watching Hitler: If you tell a big enough lie…

March 26, 2012 By 1 Comment
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"If you tell a big enough lie and tell it frequently enough, it will be believed.”  ― Adolf Hitler The run up to World War II saw the cunning and deviant Adolph Hitler employ the tactics of lying in lieu of the truth. Even though history is hindsight, the economic  devastation of  The Great Depression and the tragedy in human loss in post World War i did instill a  period of appeasement and acceptance unlike the world has ever known. The rise of Hitler is not isolated to the past century, but a collapse of our current modern economic system will make the modern man listen to ideology outside the norms of society. When comfort and peace are taking away. The humanity in our souls become fluid in our morals and beliefs... In the event of collapse, the rise of a leader making statements of lies as the truth....Would we as society accept such a leader if they promise peace and security. Any leader using lies to obtain power does not have peace and security as a part of their … [Read more...]

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Banking and Consumer: The spread of prosperity

March 2, 2012 By 3 Comments
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The post-World War II era was a very different America from the America of the 1930′s. In the 1930’s, The Great Depression was a period of economic decline, rampant unemployment, and despair that defined America. In 1945, The Great Depression was replaced with the United States becoming economic superpower because of World War 2. In 1945, soldiers were coming home in the millions to a technologically advanced society because of the war. These soldiers started families, and these new families needed houses for a permanent place of residence. In addition, the new conveniences of the automobile, home appliances, and televisions were a part of the new post 1945 world. Both homes and new conveniences were affordable but required financing to make affordable payment options to the masses of people. As the country changed from the Depression to the post 1945 era, the banks were required to change due to a new regulatory environment and the creation of the Federal Deposit Insurance … [Read more...]

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President Obama and The Tea Party performance on Consumers Banking and Financial Reform issues as 2012 nears

December 13, 2011 By 3 Comments

“It takes more than one term to correct the economic mess from many years in the making", states a DC taxi driver in favor of President Obama in 2012. Another gentlemen was sitting at the adjacent table, and the conversation did drift over to politics. "It is good for Washington and good for America," his statement about The Tea Party. A confirmed advocate was this gentleman, and his passion was noted as explained the stalemate in Washington was a result of The Tea Party's rise to power, and Grover Norquist is part of the equation as he has acquired over 270 signatures legislatures and all but one Republican presidential candidates to sign the Tax Pledge or promise of no new tax hikes. The rise of The Tea Party was a stand against spending and the establishment, and one more election will usher change, according to the gentleman at dinner. Washington, DC demands an individual to stake claim to a political ideology or belief , but two conversations of about several dozen were all … [Read more...]

Filed Under: Examiner.com- DC Consumer and Banking Examiner, Uncategorized Tagged With: , , , , , , ,
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