If you’ve been following me on Twitter, you know that I have been less than impressed with the press coverage of the economy lately. Every time I turn around, there’s doom and gloom and the ‘R’ word (recession). It’s not that I don’t think there are some serious problems and difficult times ahead. As an entrepreneur, I have certainly seen a lot of business-related activities slow down or in some cases grind to a halt (specifically where the government took over a potential client – go figure!). Undoubtedly, Americans have been spending way too much money and going too far into debt. In reality, I think a correction is needed. My question, though, is how much does the media play into the hype and make it worse?
Case in point: my husband had some interesting discussions at a recent casual get-together. One gentleman is in the mortgage industry. The question was asked: do you guys have any money to lend? The answer: absolutely! We just can’t get people in the door. They’re too afraid. Same with a friend who is a car dealer. They have had to cut back on their inventory of cars (which shrinks their profit margins) but they have plenty of money to lend…just no one to lend it to.
On the positive side, perhaps the lowering of the oil prices will bring us much-needed relief. I was ecstatic to see gas in my local community offered for under $3.00 per gallon. I have no doubt, though, that some media outlet will point out the negatives to that.
How much does the way the media portrays the news play into making it worse? I understand the desire to have sensational headlines but are Americans getting the real story? What is your take on it?
on 
too good to be true who will give you that big amount without working hard
chloe@Fort Myers Homes
Good Information. What’s your perspective about people applying for an FHA loan, who have been in a divorce and filed bankruptcy previously? Thanks!
Julie….up-dating your article, in the year 2010 banks are defaulting by the dozens “So many banks don’t have money to lend” It has been my lifes work and pleasure advising people about Home and Business Loans and I am an expert in this financial field. But since the housing market has gone into a deflationary spiral, not only has it been more difficult obtaining a home or business loan, it has been nearly impossible to keep the value of that newly purchased property up or at best, to the level of the purchased price. Housing prices must “Bottom-Out” before the whole housing industry comes back to normal. Some experts say it will botton-out in 2013, well lets hope it is sooner than that!
Os condicionadores de ar portáteis são grandes para criar zonas frescas em seu repouso e circular o ar. Alguns sistemas de condicionamento de ar igualmente removerão os alérgenos e desidratarão mesmo os arredores. Portable air conditioners are great for creating cool zones in your home and circulating air. Some air conditioning systems will also remove allergens and even dehumidify the surrounding area
In a recession cash is king for buying what you want because you can get great deals. For investing go for undervalued shares. Both will make your personal resources go further.
I’s love to have a handful revealed, Heloise. I’ve been doing a lot of reading this week especially when it comes to prophecy. I’ve been fascinated with the site that Ruvy suggested concerning Judaic prophecy. I’ve also revisited Jeanne Dixon, Nostradamus and even went so far as to have my Armenian coffee grounds read. And all I have learned from this little foray into the superstitious is that we have the power to change things. It doesn’t take a rocket scientist. If we are that passionate for change we need to make our voices heard BEFORE the food is off the shelves and a loaf of bread is $10.
The media have now killed off people’s courage when it comes to applying for credit. We’re always told being turned down for credit affects our ratings so combined with the recession and everyone saying the banks don’t want to lend, people aren’t trying. It’s probably nowhere near as bad as people think.
Start your essay creating and do not understand the proper way to complete it? You not have to worry, simply buy the essay in Internet online and be assured that your essay editing are composed by masters.
Different fields of man’s life involve various specialists. So, a buy dissertation service employs the management thesis writers. Your professional thought connected with this post match all the conditions at this work. Furthermore, you can easily work as a dissertation writer.
I usually dreamt about high academic grades, however,did not know the way to get that. Thence, one my friend proposed to order the research papers at the essay samples service and it worked. At the moment, I have got A+ research essays.
Good article. One can never underestimate the need for proper fiscal planning for later years in life. Stop buying stuff you don’t need now, and save so you don’t wind up on the street. One the other hand if we stop buying more people become unemployed, so go figure!
This is really such a helpful post here you have submitted so that i think i like it very much. I think it can be very beneficial for most of the people.
This is perfect that we are able to receive the mortgage loans and this opens up completely new possibilities.
Interesting read. I think often the media makes it worse than it really is. But I think it is starting to turn around, but we are running up a lot of debt here in the US so its got me worried!
Jeep Deals Fan´s last blog ..Suspension Lift Kits for the Jeep Commander
Upon reading your post, I found it interesting. Your articles are really impressing. Just tell them, I will lend their money….lolz
I enjoy reading a post that will make one think.
Really thankful to you for providing us this information.
keep it up..
Dude.. I am not much into reading, but somehow I got to read lots of articles on your blog. Its amazing how interesting it is for me to visit you very often.
Rather superb entry, definitely useful stuff. Never ever considered I’d find the facts I need right here. I have been looking everywhere in the internet for some time now and had been starting to get discouraged. Fortunately, I happened across your blog and received precisely what I was searching for.
This is really such an interesting and very knowledgeable post here you have submitted so that i think i like it very much. I think it can be very beneficial for most of the people.
Depends how you look at it, if u look at it from a perspective from the people who dont have jobs and who are having a hard time with all thats going on, then yes, its a difficult economy.
FreeMicrosoft´s last blog ..Free Microsoft points
The supply of money has a direct realtionship with inflation. Our problem is the supply is not keeping up which could result in hyper inflation.
loan modification
Well the economy is pretty bad, but it can only get better (hopefully) Alot of my friends are having trouble finding jobs, its a tough world out there.
Jim´s last blog ..Free Microsoft points
Hi! Good post! A decline in real estate sales evenutally leads to a decline in real estate prices. This then reduces the value of everyone’s homes, whether they are actively selling it or not. This then reduces the amount of home equity loans the homeowner can get. This, then, reduces consumer spending.
Kevin´s last blog ..Fixed Rate Mortgages
I think that although the economy might be in a bad state, there are always good and bad things happening to us in our lives, so I think that despite the economy we can live quite happily etc. though in certain cases (e.g. for those unable to find employment) this might be a lot more challenging. Interesting blog, thanks.
Real estate field may be get up and down in the terms of money, but the point is people should stay in some place, need home to stay, all people need tostay somewhere probably a place called home, my achievement in my life is i gave good suggestions and good places to people to live.
Content is king and the content of the post is really great.. I m very impressed.. Now i am eagerly waiting for your next post…
Commercial real estate values and investment income will probably take a drubbing as vacant store fronts drive down rents renegotiated in 2010. Failing businesses have created a glut of vacant commercial space in many areas and vacant commercial space doesn’t generate income. Surviving business owners will have several alternative locations to choose from and will use the oversupply as leverage to negotiate lower lease rates for the space they do occupy for as far into the future as possible.
Bari@load cells´s last blog ..Common Types of Load Cells
I’ve got to admit that I don’t know as much about the Federal Researve but that’s pretty amazing figures. It’s quite worrying to think we work all our lives for just some digits in a computer – not even for paper any more!
Jim´s last blog ..Portable Air Conditioners Review
Yeah, you are right, the media definitley plays a roll in shaping peoples minds in how they fell about their own money. Last year as the market was falling apart, doom and gloom was all anyone could see when they turned on the TV.
People are still concerned about the economy as it is very questionable what the future will be. However, every time I hear someone talk about their fears on the economy, I think back to last year when people were panicking and freaking out because it was falling apart.
Whether we have avoided the financial abyss or just delayed it, only time will tell.
I am impressed with the content of the article. I have been trying this method and I have seen some real improvements. This method is very useful.hey really awesome post thanks for that really you show awesome good keyword point about marketing . your discussion is also very interesting thanks for that .this is full of awesomeness.thanks for that post…i am used to that posting a blog but i never heard that technique before thanks for that useful information really it s very significant.I am looking forward to read your next great article… Nice article, thanks.
I am impressed with the content of the article. I have been trying this method and I have seen some real improvements. This method is very useful.hey really awesome post thanks for that really you show awesome good keyword point about marketing . your discussion is also very interesting thanks for that .this is full of awesomeness.thanks for that post…
I tend to agree with you.
The media likes to sensationalised, its either end of the world or blue sky. There is hardly any balanced reporting these days.
Balance does not sell.
First Home Saver Account´s last blog ..First Home Deposit Saver Account
This was a really great post. I found your site on Google and just dropped in to drop on your box – but the post caught my attention. Very good read.Thanks
Really wonderful piece of information and I appreciate it that you share something so useful with the readers of this blog.i never about it before and you say we can say some what a awesome way i am fully satisfied about that topic thanks for that post really by heart.
well said JR…. its a fact that if the flow of money is not maintained the economy cannot get back to be “good.”. So a proper flow should be maintained..
some fact witch is given here ,about recession ans real state is awesome and really not all mesh-up by that ya some business activity are slow down but now its conditions are batter.and at the last of that post gives some good points…
mediebureau´s last blog ..Branding – en død sild?
I agree the hysteria is a little out of hands sometimes. The problem per usual is the reluctance for people to spend money in the market. Without the flow of money the economy will never get back to be “good.”
JR´s last blog ..U-Haul Rates
They should have kept a tally of how much electronic money have been given out to be able to track if the real money could still pay them off. Hopefully that mistake wont happen again.
In the face of soaring unemployment numbers and shrinking unemployment benefits, it is hard to stay optimistic when evidence of economic recovery is nowhere in sight. As a planning maneuver there are a few good things to consider in this ongoing economic crisis that may well be a welcomed change in the way we do things in our society.
Whatever the state of the economy is…..be optimistic….collective optimism is what drives the world….start it with yourself….
If you really want an understanding of what is going on you need to take the time to learn who owns the Federal Reserve and exactly how it works.
The American Dollar is backed by NOTHING. There are only $3 of actual “hard currency” in circulation for every $100 of electronic money. Money is not earned by the Government it is created when they issue Treasury Bills that are then sold to the Fed in exchange for money they create out of nothing.
The problem is this money is then attached to an interest rate that has to be paid back by the American Tax Payer.
What has happened is the Theoretical Limit of the Fractional Reserve Banking system has been reached. There is simply more debt than can be paid back.
When you take the time to educate yourself about what is really going on you’ll understand that this is inevitable. The Government can not “fix” this economy. Things are going to get much worse until the debt enslaved public finally breaks and defaults. More homes lost, more jobs lost, and no real hope of things getting back to usual.
Please take the time to look past your local community… and learn what is really going on. The Government and the Media have go to pacify the problem because a real run on the banks would create an immediate collapse. Just try to withdraw $10,000 in CASH from your local bank and see what happens. The money is not in the system. It’s just numbers on computers.
Internet Marketing´s last blog ..Federal deficit hits all-time high $1.42 trillion