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The Wall Street bailout might just be symptomatic of what makes us insecure. The bailout consists of gambling a minimum of $700 billion of taxpayer´s money (some critics claim it could mount to $1 trillion) to buy the nation´s offending banks´ bad debt, mostly uncollectable mortgages. The plan is the brainchild of Henry Paulson, the Secretary of the Treasury. Paulson was in the payroll of Golman Sachs as their CEO prior to being tapped for the Whitehouse cabinet post. Some argue that the bailout shows Paulson´s day job is still with Wall Street.
Getting bailed out is not a bad thing. Let´s say that you acted imprudently and ran up quite mount of credit card debt, or signed up to a home loan that you didn´t have a prayer of keeping up with, or that you own a business and are overrun with bad debt. Wouldn´t you be glad if the taxpayers clean the slate by paying off all your bad debt and letting you keep the profit?
Do you remember when the financial institutions lobbied Congress to make it very hard for Joe Six-pack to file bankruptcy? Well, the banks know from experience how hard the change in the law was on many of us, so they don´t want to fall into the same mistake by applying hard and unforgiving bankruptcy rules to themselves. The banks know that in Congress they will get a sympathetic ear and that Henry Paulson understands their pain.
But wait, do you remember how the Senate fought for Amnesty (the forgiveness of crimes) for 22 million cheap illegal foreign workers employed by business. Amnesty has been beaten back several times in the last 8 years by outraged citizens collapsing Capitol Hill´s telephone system with protest calls. Simultaneously Congress and mainly the Senate have opened the door to a massive number of legal cheap foreign visa workers. Wall Street, the U.S. Chamber of Commerce, the Essential Workers Alliance and big business everywhere poured millions of dollars into the political coffers of their allies in Congress.
The banking industry has many friends in Congress.
Current members of Congress have received a total of $4.8 million from Fannie Mae and Freddie Mac. The top recipient of the failed and corrupt Fannie Mae and Freddie Mac largess were (1) Christopher Dodd (D-Connecticut) , (2) John Kerry (D-Massachusetts) and (3) Barack Obama (D-Illinois). Significantly, Christopher Dodd is the Chairman of the Senate Banking Committee. Senator Dodd took money from the banks that he regulates. Doesn´t that seem odd?
Small wonder Congress gets at best 11% approval rating from us, even lower than the abysmal approval rating of the President.
The Democrat controlled Congress persuaded reluctant legislators to vote for Henry Paulson´s Wall Street $700 billion bailout, by nudging nay legislators with $114 billion worth of pork (inducement not to be confused with bribes) for their change of position and support for the bill. Sweet!
As it was the case with the 1930´s market collapse, losing one's grip and confidence can make a bad situation into a catastrophic one. Enlisting the aid of our positive emotions and mitigating the harm of negative emotions can keep us calm and rational.
How we handle ourselves emotionally will save the day, says Bettina Rasmussen, the CEO of BachFlower.com
We are facing the greatest financial crisis since the Great Depression. The government is at a loss on how to restore confidence on the credit institutions. Is this a financial crisis or a crisis brought about by panic and lack of confidence?
Negative emotions reduce our quality of life and if allowed to take hold untreated may lead to depression. 40 million Americans are affected by anxiety disorders. Depression (feelings of fearfulness, hopelessness and uncertainty that persist for weeks and months) in ordinary times strikes 17 million American adults each year – more than cancer, AIDS, or coronary heart decease, according to National Institute of Mental Health. NIMH reports that 15 percent of chronic depression cases end in suicide. Women are twice as likely as men to be affected. Regrettably, these are not ordinary times; we need help more than ever.
The Daily Mail, reported this week that Kirk Stephenson, who was married with an eight-year-old son, is suspected of committing suicide after succumbing to mounting personal pressures as the world´s financial markets went into meltdown. The death of the respected 47-year-old millionaire financier evokes memories of the 1929 Wall Street crash in America.
Mortgage defaults and mounting personal debt is at record highs since the last market crash. On my street lived a Mormon family with 8 children. The family was unable to keep up with the mortgage and other personal debt. The family defaulted on their mortgage and moved into a rented two bedroom apartment. Someone well known by our family managed to max out credit cards to the tune of $177,000 by June of 2008. By August the credit card debt had risen to $206,000! Credit card debt levels are at record highs and mounting rapidly. Many will never be able to pay the debt in full and instead will live a life of dependency to the lender, or simply default.
In the coming months we will see credit card debt and personal debt take center roll in our economic woes. The treasury resources for absorbing more bad debts are rapidly disappearing.
The state of the economy presents challenges for all of us not just financial institutions. Who among us can claim to enjoy job security? Many among us are experiencing mounting debt; and millions of homeowners fear not meeting the mortgage payments.
At times like this we could become frozen in fear and unable to deliberate calmly.
"Unless we are in a positive emotional state of mind we could fail to recognize opportunities and possibilities that are masked by uncertainty and fear. What is the benefit or reacting with anger or indifference? In large part how we cope with situations and find solutions depends on our emotions. To avoid spinning out of control we need to enlist the help of healthy emotions and mitigate the effects of negative feelings and emotional peaks and valleys", chimes in the CEO of BachFlower.com.
There is natural way to help handle the emotional imbalances that prevent us from enjoying a satisfying quality of life and calmly arriving at our best options in finding solutions.
75 years ago a revered English Doctor, Dr. Edward Bach, discovered the extraordinary effect of flowers upon humans and animals. Dr. Bach abandoned his lucrative medical practice and dedicated the rest of his life to learn about the influence of emotions on mental and physical health. Dr. Bach identified 7 major categories of emotional being and paired them with 38 natural Remedies he derived from flowers to treat them.
The original Bach® all-natural Remedies have been used confidently for decades by ordinary people in their busy lives to high-power politicians, military leaders and yes, celebrities.
Among Bach Flower Remedies most visible advocates in America are Jennifer Anniston who says it keeps her cool under pressure. Salma Hayek has been a fan for years. Kate Blanchet depends on Remedies to relieve stress; and says she would not dream of appearing at the Oscars without them. Sissy Spacek and Jane Seymour use the Remedies as soon as stress from their personal and professional lives ratchet up. Rosie O'Donnell credits the Remedies for keeping her calm at critical times. Golf pro Chris Tschetter, interviewed by Golf Today magazine, shared how helpful the Bach Flower Remedies have been to help calm her nerves before important tournaments.
Bach Flower Remedies is the trusted name in effective and economical natural remedies that can be purchased online at www.BachFlower.com or at health food stores, pet shops and from healthcare professionals.
Bettina Rasmussen, BFRP, a Bach Foundation Licensed Practitioner, recommends a selection of Bach Flower Remedies for these uncertain economic times.
Cherry Plum – Fear of losing control of yourself emotionally or physically
Elm – Feeling overwhelmed with problems or responsibilities, this can cause depression
Mimulus – Fear of the future, of losing your job or anything that you can name
Rock Rose – when you are frozen in fear and not able to move and make changes
Star of Bethlehem – To overcome trauma and chock (from losing a job, a house etc.)
Sweet Chestnut - To regain faith that everything will be okay no matter the outcome
Walnut – To adjust and make necessary changes
White Chestnut - Worried thoughts, prevent you from sleeping
Willow – feeling self pity and resentment when faced with adversity or misfortune
The Bach Flower Remedies are available in drops, pastilles, cream and spray and are safe for children, expectant mothers and the most delicate of pets. The Remedies are non-habit forming and without known side effects. The pastilles are chewable and come in delicious flavors.
For information, books, licensed practitioner referrals and to purchase the original Bach Flower Remedies visit http://www.BachFlower.com (info@BachFlower.com) or call 800-214-2850.
For wholesale and professional healthcare practices sales and support call 888-262-6051
Media contacts welcomed. Call 800-214-2850
Bach is trademark or registered trademarks of Bach Flower Remedies Limited
Getting bailed out is not a bad thing. Let´s say that you acted imprudently and ran up quite mount of credit card debt, or signed up to a home loan that you didn´t have a prayer of keeping up with, or that you own a business and are overrun with bad debt. Wouldn´t you be glad if the taxpayers clean the slate by paying off all your bad debt and letting you keep the profit?
Do you remember when the financial institutions lobbied Congress to make it very hard for Joe Six-pack to file bankruptcy? Well, the banks know from experience how hard the change in the law was on many of us, so they don´t want to fall into the same mistake by applying hard and unforgiving bankruptcy rules to themselves. The banks know that in Congress they will get a sympathetic ear and that Henry Paulson understands their pain.
But wait, do you remember how the Senate fought for Amnesty (the forgiveness of crimes) for 22 million cheap illegal foreign workers employed by business. Amnesty has been beaten back several times in the last 8 years by outraged citizens collapsing Capitol Hill´s telephone system with protest calls. Simultaneously Congress and mainly the Senate have opened the door to a massive number of legal cheap foreign visa workers. Wall Street, the U.S. Chamber of Commerce, the Essential Workers Alliance and big business everywhere poured millions of dollars into the political coffers of their allies in Congress.
The banking industry has many friends in Congress.
Current members of Congress have received a total of $4.8 million from Fannie Mae and Freddie Mac. The top recipient of the failed and corrupt Fannie Mae and Freddie Mac largess were (1) Christopher Dodd (D-Connecticut) , (2) John Kerry (D-Massachusetts) and (3) Barack Obama (D-Illinois). Significantly, Christopher Dodd is the Chairman of the Senate Banking Committee. Senator Dodd took money from the banks that he regulates. Doesn´t that seem odd?
Small wonder Congress gets at best 11% approval rating from us, even lower than the abysmal approval rating of the President.
The Democrat controlled Congress persuaded reluctant legislators to vote for Henry Paulson´s Wall Street $700 billion bailout, by nudging nay legislators with $114 billion worth of pork (inducement not to be confused with bribes) for their change of position and support for the bill. Sweet!
As it was the case with the 1930´s market collapse, losing one's grip and confidence can make a bad situation into a catastrophic one. Enlisting the aid of our positive emotions and mitigating the harm of negative emotions can keep us calm and rational.
How we handle ourselves emotionally will save the day, says Bettina Rasmussen, the CEO of BachFlower.com
We are facing the greatest financial crisis since the Great Depression. The government is at a loss on how to restore confidence on the credit institutions. Is this a financial crisis or a crisis brought about by panic and lack of confidence?
Negative emotions reduce our quality of life and if allowed to take hold untreated may lead to depression. 40 million Americans are affected by anxiety disorders. Depression (feelings of fearfulness, hopelessness and uncertainty that persist for weeks and months) in ordinary times strikes 17 million American adults each year – more than cancer, AIDS, or coronary heart decease, according to National Institute of Mental Health. NIMH reports that 15 percent of chronic depression cases end in suicide. Women are twice as likely as men to be affected. Regrettably, these are not ordinary times; we need help more than ever.
The Daily Mail, reported this week that Kirk Stephenson, who was married with an eight-year-old son, is suspected of committing suicide after succumbing to mounting personal pressures as the world´s financial markets went into meltdown. The death of the respected 47-year-old millionaire financier evokes memories of the 1929 Wall Street crash in America.
Mortgage defaults and mounting personal debt is at record highs since the last market crash. On my street lived a Mormon family with 8 children. The family was unable to keep up with the mortgage and other personal debt. The family defaulted on their mortgage and moved into a rented two bedroom apartment. Someone well known by our family managed to max out credit cards to the tune of $177,000 by June of 2008. By August the credit card debt had risen to $206,000! Credit card debt levels are at record highs and mounting rapidly. Many will never be able to pay the debt in full and instead will live a life of dependency to the lender, or simply default.
In the coming months we will see credit card debt and personal debt take center roll in our economic woes. The treasury resources for absorbing more bad debts are rapidly disappearing.
The state of the economy presents challenges for all of us not just financial institutions. Who among us can claim to enjoy job security? Many among us are experiencing mounting debt; and millions of homeowners fear not meeting the mortgage payments.
At times like this we could become frozen in fear and unable to deliberate calmly.
"Unless we are in a positive emotional state of mind we could fail to recognize opportunities and possibilities that are masked by uncertainty and fear. What is the benefit or reacting with anger or indifference? In large part how we cope with situations and find solutions depends on our emotions. To avoid spinning out of control we need to enlist the help of healthy emotions and mitigate the effects of negative feelings and emotional peaks and valleys", chimes in the CEO of BachFlower.com.
There is natural way to help handle the emotional imbalances that prevent us from enjoying a satisfying quality of life and calmly arriving at our best options in finding solutions.
75 years ago a revered English Doctor, Dr. Edward Bach, discovered the extraordinary effect of flowers upon humans and animals. Dr. Bach abandoned his lucrative medical practice and dedicated the rest of his life to learn about the influence of emotions on mental and physical health. Dr. Bach identified 7 major categories of emotional being and paired them with 38 natural Remedies he derived from flowers to treat them.
The original Bach® all-natural Remedies have been used confidently for decades by ordinary people in their busy lives to high-power politicians, military leaders and yes, celebrities.
Among Bach Flower Remedies most visible advocates in America are Jennifer Anniston who says it keeps her cool under pressure. Salma Hayek has been a fan for years. Kate Blanchet depends on Remedies to relieve stress; and says she would not dream of appearing at the Oscars without them. Sissy Spacek and Jane Seymour use the Remedies as soon as stress from their personal and professional lives ratchet up. Rosie O'Donnell credits the Remedies for keeping her calm at critical times. Golf pro Chris Tschetter, interviewed by Golf Today magazine, shared how helpful the Bach Flower Remedies have been to help calm her nerves before important tournaments.
Bach Flower Remedies is the trusted name in effective and economical natural remedies that can be purchased online at www.BachFlower.com or at health food stores, pet shops and from healthcare professionals.
Bettina Rasmussen, BFRP, a Bach Foundation Licensed Practitioner, recommends a selection of Bach Flower Remedies for these uncertain economic times.
Cherry Plum – Fear of losing control of yourself emotionally or physically
Elm – Feeling overwhelmed with problems or responsibilities, this can cause depression
Mimulus – Fear of the future, of losing your job or anything that you can name
Rock Rose – when you are frozen in fear and not able to move and make changes
Star of Bethlehem – To overcome trauma and chock (from losing a job, a house etc.)
Sweet Chestnut - To regain faith that everything will be okay no matter the outcome
Walnut – To adjust and make necessary changes
White Chestnut - Worried thoughts, prevent you from sleeping
Willow – feeling self pity and resentment when faced with adversity or misfortune
The Bach Flower Remedies are available in drops, pastilles, cream and spray and are safe for children, expectant mothers and the most delicate of pets. The Remedies are non-habit forming and without known side effects. The pastilles are chewable and come in delicious flavors.
For information, books, licensed practitioner referrals and to purchase the original Bach Flower Remedies visit http://www.BachFlower.com (info@BachFlower.com) or call 800-214-2850.
For wholesale and professional healthcare practices sales and support call 888-262-6051
Media contacts welcomed. Call 800-214-2850
Bach is trademark or registered trademarks of Bach Flower Remedies Limited
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