Business Financial Buzz Outlook

I find it incredibly strange how when there is no "news", people start talking about the next bubble..... So what is going to implode or explode next to create a financial crash? Without the crystal Eight Ball, not even Buffet or Slim can tell us exactly. But if you happen to be in a position to take advantage of macro differences in the marketplace you might want to take a look at debt. When I see articles such as this article, http://www.bloomberg.com/news/articles/2016-01-28/some-29-trillion-later-the-corporate-debt-boom-looks-exhausted that states: There’s been endless speculation in recent weeks about whether the U.S., and the whole world for that matter, are about to sink into recession. Underpinning much of the angst is an unprecedented $29 trillion corporate bond binge that has left many companies more indebted than ever. I think long and hard about the rise of FinTech and the availability of business financing that has created such a bounce after Wall Street found a way to make money, post being barred from internal trading profits etc. Then as my mind wonders to the go-go 80's, I run across this article that locks in the thought that there might be somethings larger than what I initially thought here. http://www.foxbusiness.com/markets/2016/01/29/mastercard-4q-profit-rises-11-1.html The company's net income rose to $890 million, or 79 cents per share, in the fourth quarter ended Dec. 31 from $801 million, or 69 cents per share, a year earlier. Mastercard is not making profits like this baking bread in the corner bakery. They have navigated a way to sell people around the world, access to what they think they rightly deserve. Access to money 24/7. So, if we catch a break over the next 3-4 years, after the next recession (if that is what the current equity market is signaling), and the economy take a turn for the better, you will probably see higher gas and food prices, and you might want to take advantage of the easy money. I would think twice about it from a consumer perspective and make a move to barter or cash (if it still exist) before getting eaten alive by the high interest rate monsters lurking to take way more than your wallet. --Michael Lebb

You Didn't Build Your Business Alone - BS

President Obama, in a speech to supporters, suggested business owners owe their success to government investment in infrastructure and other projects — saying “if you’ve got a business, you didn’t build that.” Obama’s comment Friday during a campaign stop in Roanoke, Va., came just days after he urged Congress to extend tax cuts enacted during the Bush administration only to families earning less than $250,000 annually — part of his argument that top earners have an obligation to pay more to trim the deficit. “There are a lot of wealthy, successful Americans who agree with me because they want to give something back,” the president said. “If you’ve been successful, you didn’t get there on your own. You didn’t get there on your own. I’m always struck by people who think, well, it must be because I was just so smart. There are a lot of smart people out there. It must be because I worked harder than everybody else. Let me tell you something — there are a whole bunch of hardworking people out there.

Read more: http://www.foxnews.com/politics/2012/07/15/obama-dashes-american-dream-suggests-nobody-achieves-success-alone/#ixzz20kb0mSu2bses

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Great article on another topic our POTUS speaks on but does not have a clue.

Business is the backbone of this country. PLEASE DONT TALK ABOUT CAPITALISM IS YOU HAVE NEVER BEEN PART OF CAPITALISM.

If he would simply tell the truth 5% of the time, I would have reason to feel sorry for him. But the absence of truth 100% of the time does not leave the door open to wanting anything decent coming from this administration.

This is total bullshit and part of the smokescreen this administration is so very good at!

Michael Lebb

http://1mjl.com/politics/579

Wealth Loss Via Home Values Stealing College Opportunity

At the height of the housing boom in the early 2000s, it was natural for homeowners to feel wealthier than they were. Inflated property values translated into a so-called wealth effect: Confident the value of their homes would climb ever higher and bolstered by the cash obtained by easy refinancing, owners spent freely.

A new study published by the National Bureau of Economic Research looks into what role this housing wealth — a household's overall finances — played in homeowners' decision-making when it comes to sending their children to college.

The study -- "The Effect of Housing Wealth on College Choice: Evidence From the Housing Boom" and co-authored by Professors Michael Lovenheim and C. Lockwood Reynolds -- found homeowners that experienced a windfall from the housing boom were more likely to send their children to college, to send them to four-year public institutions instead of two-year institutions and to send them to state "flagship" institutions — which are better resourced, have higher faculty-student ratios and SAT scores and are also more expensive to attend -- rather than nonflagship public institutions.

More specifically, the study found that a $10,000 increase in a family's housing wealth in the four years leading up to a student becoming college-age increases the likelihood he or she attends a flagship public university by 1.8%. It also lowers the probability that a student will attend a community college by 1.6%. http://finance.yahoo.com/blogs/the-exchange/housing-wealth-impacts-where-college-study-says-142023436.html ___________________________________________________________________ The key element to this article are the numbers and seeing the true effect on what housing has done to the college parents since 2007.

You can see in the future, if things do not change in NOV 2012, high school students will be effected as the economic pain starts to trickle down further, to hit what the US might consider core values.

Our society has long felt education is a key to living a better life. But when the rug is shifted and you can no longer afford to assist your children in at least getting their higher education started, a better life starts to seem like an eternity to the next generation.

Michael Lebb

Kira Hits Another HomeRun!

Kira nails it again!

Bring the issues out and discuss them as Americans, not as special interest groups that want to hear what they want to hear vs. the truth. Step into the light with a plan that encompasses everyone,

Not picking winners and losers like we have heard for the last 3.5 years and the way you hear in all socialist states around the world. Michael Lebb

Romney With Biden Following @NAACP

This is a post about Biden (who is much like a lost schoolchild without his older brother around). He trys to take Romneys thunder at the NAACP during yesterdays speech when he discussed the poor results of public schools and the fact that if the POTUS B.Hussein Obama really cared about children instead of trying to hijack 18% of the US GDP, he would have spent his first 18 months on bettering the public school system. Here is the link to the disastrous Joe Biden at the NAACP.

Mitt Romney has a great program going to meet both him and his VP pick you can find it on this web page. This will go on for weeks I am pretty sure. You donate $3 and get a chance to win a meeting with Mitt and the VP. Pretty cool.

Michael Lebb

Go here to check it out

https://www.mittromney.com/donate/vp

https://www.mittromney.com/donate/vp

2102 Best Video

This is the best video of 2012 and it lays the roadmap stating exactly what this country has to do in terms of turning the tide around and making the country what it should and could be instead of the leaderless body that exist now. http://1mjl.com/