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Great Credit Card Battle

Robert Reich has it right with the next big finance battle, its going to be with the Credit Card companies.

What's happening to credit card lending is a smaller replay of what happened to mortgage lending. For years, banks used every gimmick possible to get the public to use their cards -- regardless of the credit worthiness of the customer.

Read his Blog titled, The Great Credit Card Battle To Come and see if you agree that some changes will have to occur to the Credit Card companies to end some of the big banks taking advantage of their customers.

AAPL

Apple Inc. reports fiscal second-quarter earnings Wednesday after the closing bell today. Analysts surveyed by Thomson Reuters expect Apple to earn $1.08 per share on $7.9 billion in sales. In 1999, Steve Jobs said the the second-quarter was the toughest quarter for the company.

I project that Apple will beat the projected earnings and lower third quarter earnings due to the tight computer market. Sales of iPod and iPhones have certainly help Apple over the past years. This will be a key call to listen to see how they view the current market situation and probably an update on Steve Jobs.

There's a lot of speculation among Apple users that a new product will be announce soon. Some people think that Apple is working on a product that would just bigger than iPhone and smaller than a laptop. Will this be the return of the Apple Newton?

Economy 2009

In case you haven't notices, the Economy is on the rebound. Lots of good business a head! Hang on tight!

Keep your hands inside the vehicle at all times!!!

Treasury rates below zero

This happened back in December, does this mean that the market will start to go back up on March 10?

Demand for safety sends 3-month Treasury rates below zero
Tue Dec 9, 2008 5:14pm EST
By Ellen Freilich

NEW YORK (Reuters) - Three-month U.S. Treasury rates dipped below zero on Tuesday amid intense demand for safe U.S. government debt and bets that the Federal Reserve will keep cutting interest rates to avert a deep, sustained recession.

U.S. Treasuries prices, which move inversely to yields, rose across the board and allowed the Treasury to sell $30 billion of four-week bills at an unprecedented high rate of 0.000 percent.

September 18, 2009

Rush Limbaugh talked about this yesterday, it?s still remains a mystery. This also gives a little more clue to how things are right now:

How the World Almost Came to an End on September 18, 2008

On Thursday (Sept 18), at 11 in the morning the Federal Reserve noticed a tremendous draw-down of money market accounts in the U.S., to the tune of $550 billion was being drawn out in the matter of an hour or two. The Treasury opened up its window to help and pumped a $105 billion in the system and quickly realized that they could not stem the tide. We were having an electronic run on the banks. They decided to close the operation, close down the money accounts and announce a guarantee of $250,000 per account so there wouldn't be further panic out there.

If they had not done that, their estimation was that by 2pm that afternoon, $5.5 trillion would have been drawn out of the money market system of the U.S., would have collapsed the entire economy of the U.S., and within 24 hours the world economy would have collapsed... It would have been the end of our economic system and our political system as we know it...

Ziglar Seminar

How to attract customer at Low Cost in any Economy

Tonight I joined a webinar called "How to Attract Customer at Low Cost in Any Economy," put on by Tom Ziglar and David Johnson. This is a seminar geared to help businesses get more businesses in any economy. The following are my notes from attending the seminar.

I think its great that they had one of the seminars at night, so a lot of people can watch the seminar at night and not take time watching it at work.

The sold out seminar started shortly after 9pm and was scheduled for 90 minutes. There's a couple thousands people listening into the seminar tonight. If you missed this seminar, there are two seminars tomorrow.

The seminar started out with Tom Ziglar and David Johnson talking about various seminars that Ziglar Inc. are putting on. Mr. Ziglar is in Huntsville tonight giving a seminar tomorrow.

Tom Ziglar gave an update on Zig Ziglar. He out speaking at seminars again, he is now doing it as interview format. He is doing very well and is working on a book that will be coming out shortly.

Great Ziglar business quotes:

  • The economy is mostly between your ears.
  • Experts have predicted 27 of the last 3 recessions.

David Johnson did most of the talking and Tom Ziglar did add some comments in some area. The main topics that were covered were:

Part 1: The Top 5 Mistakes Businesses Make When the Economy Goes South

In Strategic Response, David Johnson did a example with the Archery Analogy. It a great example on how get what you want by a simple analogy. "Aim small, Miss small."

Take Action:

  • List out the benefits of your product(s) and/or service(s)
  • What pattern(s) do you see?
  • Call a customer or client and ask them: "Why buy?"
  • Part 2: Welcome to the 21st Century

    If you read "Who Moved My Cheese?" re-read it again. David used a Case Study about Ice Harvesting in the 1830s to the 1890s to illustrate the value of change.

    Part 3: Ready to Take Action

    At the end of the seminar David told the audience what the number one place businesses should invest their marketing in now to get the most of their money in this economy.

    2009 Economy

    I like this quote from Foreclosures.com's Alex McGee:

    "A variety of indicators show that some housing markets are bouncing back.... I think 2009 will surprise many people who have bought into the gloom-and-doom agenda."

    As good as 2008 was too me, I am looking forward to a much better 2009!

    Innovation

    Innovation is what will get this country back on the right track!

    Ford Motor Company

    Times are tough on Wall Street.

    I heard on the radio this morning that Ford Motor Company is worth less than the company that puts the review mirrors in their cars.

    I expect the market to go up today!

    About

    Are you looking for new and innovative ways to improve your business? Look no further! In these blog series, we'll be sharing some interesting tips and tricks that can help take your business to the next level. From marketing strategies to productivity hacks, we've got you covered. So, let's dive in and explore some of the most effective ways to grow and succeed in the world of business.

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