Saturday, January 29, 2011

Economy News Nightmare: 20 Things That You Should Not Read If You Do Not Want To Become Very Angry

Books On "Economy"                         Books On "US Economy"
Today America is very, very frustrated.  In fact, we probably have not seen this level of anger in the country since World War 2 ended.  So why are so many Americans so frustrated and so angry right now?  Well, for most Americans it comes down to the economy.  Very few things are more frustrating than not being able to find a job that will enable you to pay the mortgage and feed your family.  Middle class Americans that do have a little bit of money are digging into their savings and investments at a staggering rate as they desperately try to keep their heads above water.  Millions of other families that do not have a "safety cushion" are on the verge of losing their homes or have already been callously tossed out onto the streets by big, greedy banks.  Meanwhile, our politicians continue to burden us with increasingly larger amounts of government debt and they stand idly by as our jobs and our industries are shipped overseas.  So even though the mainstream media seems absolutely puzzled by the growing anger in America, the truth is that it is not a great mystery.  The economy is an absolute nightmare, and if it gets even worse people are going to become even more angry.
The mainstream media and our top politicians are running around proclaiming that the economy has turned around, and yet all of the important long-term economic numbers continue to get worse.  Do they think that the American people are stupid?
Perhaps they are just trying to be "optimistic" and are trying to get us all to "believe" in the economic recovery.
Well, while it certainly does not hurt to "stay positive" and to "have faith" when there is some basis in reality for doing so, but what the mainstream media is asking us all to do is to stick our heads in the sand and to pretend that all of our horrific economic problems are not even there.
Until we recognize exactly what our problems are and how bad they have gotten we will never be able to come up with the appropriate solutions.
Our economy does not just need a "tweak" or two.  Our economy is a total nightmare at this point.
The following are 20 things about our nightmare of an economy that you will not want to read if you do not want to become very, very angry….
# 1 Today, millions of American families are digging deep into their savings and investments in a desperate attempt to stay afloat. Over the past two years, U.S. consumers have withdrawn $311 billion more from savings and investment accounts than they have put into them.
# 2 15 billion dollars: the total amount of compensation that Goldman Sachs paid out to its employees for 2010.
# 3 The number of American families that were booted out of their homes and into the streets set a new all-time record in 2010.
# 4 Dozens of packages that we buy in the supermarket have been reduced in size by up to 20%.  For example, there are now 2 less slices of cheese in a typical package of Kraft American cheese, and there is now 9 percent less toilet paper in a typical package of Scott toilet paper.  So now, you may think that you are paying the same amount for these items that you always have, but the truth is that you have been hit with a large price increase.
# 5 One Canadian company is making a ton of money shipping "millions and millions of dollars" worth of manufacturing equipment from factories that are being shut down in the United States over to new factories that are being set up in China.
# 6 In America today, the wealthiest 20% own a whopping 93% of all the "financial assets" in the United States.
# 7 Only 35 percent of Americans now have enough "emergency savings" to be able to cover three months of living expenses.
# 8 47 percent of all Americans now believe that China is the number one economic power in the world.
# 9 If the U.S. banking system is healthy, then why does the number of "problem banks" continue to keep increasing?  This past week the number of U.S. banks on the unofficial list of problem banks reached 937.
# 10 According to former U.S. Labor Secretary Robert Reich, the wealthiest 0.1% of all Americans make as much money as the poorest 120 million.
# 11 U.S. housing prices have now fallen further during this economic downturn than they did during the Great Depression of the 1930s.
# 12 According to some very disturbing new research, 45 percent of U.S. college students exhibit "no significant gains in learning" after two years in college.
# 13 Americans now owe more than $884 billion on student loans, which is a new all-time record.
# 14 The United Nations says that the global price of food hit an all-time record high in December, and the price of oil is surging towards $100 a barrel, but the U.S. government continues to insist that we barely have any inflation at all.
# 15 The more Americans that are on food stamps the more profits that JP Morgan makes.  Today, an all-time record of 43.2 million Americans are on food stamps, and JP Morgan is making a lot of money processing millions of those benefit payments.
# 16 Back in 1970, 25 percent of all jobs in the United States were manufacturing jobs. Today, only 9 percent of the jobs in the United States are manufacturing jobs.
# 17 Dozens of U.S. states are either implementing tax increases in 2011 or are considering proposals to raise taxes.
# 18 The United States has had a negative trade deficit every single year since 1976.
# 19 The U.S. national debt has crossed the $14 trillion mark for the first time, and at some point during 2011 it will cross the $15 trillion mark.
# 20 What the U.S. economy really needs is for the government to get off all of our backs, but instead they continue to tighten their grip on us.  In fact, the Obama administration is proposing a "universal Internet ID" that would watch, track, monitor and potentially control everything that you do on the Internet.

Thanks to TheTradingReport / The Economic Collapse Blog

Books On
"Economy"                         Books On "US Economy"


Three Rules Of Three For Successful Communications

Books On "Communications"

For as many words as we use, we're terrible communicators. Voicemails are jumbled streams of consciousness. Emails are "text bombs" with no rhyme or reason. Presentations are nothing but crippling piles of slides. But don't worry – here are three rules of three to make your communications clearer, more compelling, and more efficient/effective.

All good things come in threes. Blind Mice, Stooges, Wise Men, Musketeers, and Rocky movies (for the record, Rocky IV and Rocky V were terrible – see? They should have stopped at three).

Rule of Three #1: It's Always Three Things
When you convey information, don't rattle off a list of 47 things the listener must understand. Don't hand them an incoherent pile of slides and expect them to make sense of them. Structure your work. Chunk up the information into manageable bites. You will find there are usually three bites regardless of what flavor of pie you're serving.

Why is it usually three topics, sections, ideas, etc.? If you're only sharing one concept, you likely haven't broken it down into understandable component parts. If you're sharing 5 or more concepts, they're hard to follow and remember. When you chunk your ideas up into groups of three, it's manageable, understandable, and memorable.

For example, in the above list of 47 items, it's likely three groups of 15 items or so and in each of those groups are three sub-groups of concepts consisting of 3-5 things in that group. Sure, your audience likely won't remember the sub-sub points but they'll remember the high level structure and follow your communication more easily.

Rule of Three #2: They Have to Hear Things Three Times
People have to hear things three times before they fully understand and comprehend it. Don't think you can waltz into a presentation and deliver information no one has seen before then walk out with approval of your recommendation. That could happen but it will be rare.

More often than not, people need to hear things three times before they support it. The first time, they're getting a basic understanding of the issue and the context surrounding it. The second time, they're understanding the nature of your solution and how it solves the issue. The third time, they're getting their residual questions answered and concerns addressed. Expect to follow this pattern. If you try too hard to push your idea through on the first or second "hearing" you will get more resistance than you might expect.

Rule of Three #3: After Three Emails, Go Have a Conversation
This rule of three is as simple as it sounds. Have you ever had one of those email exchanges that go back and forth about 15 to 20 times? How often do those get resolved? Never. The more back and forth there is, the more confusion, frustration, and problems arise.

Once a conversation has gone back and forth via email three times, pick up the phone or walk over to the other person's desk and discuss the issue to drive resolution. It's faster, more efficient, and less frustrating. Stop hiding behind the crutch of email.

The Bottom Line
Threes work. They'll help your communications. They'll make your ideas clearer. They'll help you get support for the things you want done. They'll reduce frustration and confusion. Try these three rules of three and see how much better your communications become. 

Thanks to Mike Figliuolo / Tanveer Naseer

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