vbierschwale's Profile
- Doing what I can to get people to open their eyes and see what really is causing this global financial crisis. I say global with tounge in cheek, because I notice that some countries are not suffering from it.
Comments
Entry: Worst Pep Talk Ever?
posted by vbierschwale
Oct 24, 2008 9:51AM
I think a lot of people are not seeing what is actually happening here.
The world has always followed American's lead in the last century or so because we have had the strongest economy and the strongest free will of any country in the world.
But now our politicians and our corporate leaders are selling out their fellow Americans in the pursuit of more profits and we are sending more then 1 trillion dollars that America needs to be strong overseas every yearn to purchase oil and jobs which is putting our fellow American's out of work and is ruining their confidence in the greatest nation in the world.
This is putting Americans out of work which is dramatically effecting the housing market and the auto markets.
Their is a misconception going around the corporate world that when we outsource a job, they will find a similar or higher paying job and this is being proven in our markets today as being flat out wrong.
At the same time, all of this is happening, we are shifting the worlds economy from the troubled nations (meaning all of the one's that have been following America's lead and America) to the Oil Producing Nations.
I know that you as a wealthy individual, or fairly wealthy individual do not feel that this is happening, but that is because you are isolated by virtue of being surrounded by like minded individuals.
Go back to your home towns where you grew up from if you're from outside New York or any other large city and visit with your classmates and see what they are seeing. I think it will open your eyes.
I have several You Tube video's of power point presentations on my web site at http://www.KeepAmericaAtWork.com that will open your eyes if you have an open mind.
The only reason that the markets are cratering is a lack of confidence of American's in the American Way of Life and this lack of confidence is spilling over to the rest of the world that follows our lead.
If you want to restore this confidence, you will put American's first and restore their confidence in their corporate leaders and politicians.
Your financial well being depends on you stepping up to the plate and setting an example.
Entry: Layoffs Watch '08: Everybody Squirm
posted by vbierschwale
Oct 27, 2008 3:37PM
What a way to go.
Perhaps we should do what Americans allways do which is to thrive under adversity.
I need your help getting the word out about the "Jobs" and "the Challenge" links on my web site at http://www.KeepAmericaAtWork.com
I for one am sick and tired of hearing how our corporations can't find people to fill their open positions and I'm going to do what I can to fill those jobs.
As for the economy, it will correct itself without all this government intervention if we will but bring our jobs back home to America and then Americans will have money once again and they will start buying again.
It really is that simple.
Entry: WSJ: Despite Best Efforts, Financial Failure Still Not Criminal
posted by vbierschwale
Oct 28, 2008 2:11PM
I don't personally believe you can jail someone because a company under their leadership went under.
For example, I did a lease purchase of a run down bowling center and tripled sales but still went broke with too many repairs to make.
That doesnt make me criminal, nor should it.
The problem with poor leadership in a corporation is not that we should punish the CEO, but that we need a means of holding them accountable and for voting them out of their leadership position should the share holders not feel that the leader is watching out after their best interests.
Once again, in my opinion, it is not a failure of the leadership, it is simply a matter that we did not choose to vote with our dollars.
Entry: No One Was Spared, Not Even The Services
posted by vbierschwale
Nov 05, 2008 5:40PM
Don't bet on it..
I tried to get work there once so that I could work off what I owed them..
Never even heard from them.
Folks, all that is necessary to turn our economy around is to give me names to add to the "Wall of Shame" list at http://www.KeepAmericaAtWork.com and then pester the hell out of the CEO's on that list until they bring our jobs home and then things will straighten out..
Yep, I'm well aware that you've all bought into the rumor that states that the people who's job has been outsourced will find better or similar paying jobs.
I'm here to tell you that this is not true and I'm willing to send you documents showing my lifetime earnings from 76 till now to document it.
Now if you really want to buy into the rumor about the jobs being place, then demand to see the data documenting it.
Yep, just what I thought.
It doesnt exist.
If you want retailers to start selling again and manufacturers to start buying raw materials then you need to put our people back to work because they will start buying and your manufacturers will start hiring and the new people will start buying and manufacturing will increase..
It really is that simple.
Entry: Vicious Cycle
posted by vbierschwale
Nov 07, 2008 10:54AM
I write about this every day..
For instance my article titled "A flaw in our economists theories" that I wrote this morning describes this cycle.
We can stop this downward spiral and all we have to do is bring our jobs home.
Free trade between nations is good and necessary for the world.
To shift capital from democratic nations to nations that don't share our beliefs is madness.
Entry: Give Us The Money Or We'll Light Our Guard Dog On Fire
posted by vbierschwale
Nov 08, 2008 9:09AM
Here is something to think about.
Our banks and out auto manufacturers have been laying off people and shipping their jobs offshore to put more money in their pockets.
Problem is, the money that our government used to bail them out was contributed by all of us as taxpayers.
In my opinion, now that the banks and auto manufacturers are on our doorstep, hat in hand, I believe we should let the people that were fired or laid off make the yes or no decision.
After all, it is their money, and mine and yours that is being handed to them.
By the way, the subprime mess and everything that has followed are only symptoms to the real problem, which is the offshoring of jobs.
Don't think I'm right ?
Try reading some of the articles at http://www.KeepAmericaAtWork.com with an open mind and see what we are actually doing to our country.
Better yet, take a look at "The sky is falling" under the key concepts menu and see why things are going to get worse if we don't stop the massive transfer of the wealth of democratic countries to nondemocratic countries.
Entry: Then Jimmy Cayne Asked Him For Some Money
posted by vbierschwale
Nov 20, 2008 10:40AM
Ok, I'll bite.
How has Soros ruined the American Economy ?
He has absolutely nothing to do with it.
It is the greed of Americans that has ruined the American Economy.
We have done that by putting a very large number of Americans out of work by offshoring their jobs.
These people account for 70% of the purchases that are done in America.
If these people do not have jobs that pay enough to have a little left over, they cannot buy anything, so our retailers, manufacturers and raw material producers start going bankrupt and we're just now at the beginning of that cycle.
If you want to fix the American economy, join me by giving me names of the CEO's and companies that are sending our jobs offshore so that I can add them to the "Wall of Shame" at http://www.KeepAmericaAtWork.com
This way, the people that are blaming soro's and others can see who is really responsible and my friends, it is us.
Entry: Dealbreaker Afterdark: Big Auto In Big Trouble
posted by vbierschwale
Dec 12, 2008 8:24AM
The media tells us that unemployment is about 8 percent
Eight percent of 200 million is 16 million.
The whisper number that includes the people not counted or those that have given up is about 13 percent
Thirteen percent of 200 million is 23 million.
I think that unemployment is about 20 percent.
Twenty percent of 200 million is 40 million.
Now lets put that into dollars and how it affects America and how it Affects our retailers, manufacturers and raw material producers
Using an average salary of 50,000 dollars
16 million people out of work would take 800 BILLION out of the economy, of which 240 BILLION would be taken from your town, your county, your state and your countrys budget and 560 BILLION would be taken from our retailers, manufacturers and raw material producers
23 million people out of work would take 1 TRILLION 150 BILLION out of the economy, of which 345 BILLION would be taken from your town, your county, your state and your countries budget and 805 BILLION would be taken from our retailers, manufacturers and raw material producers.
40 million people out of work would take 2 TRILLION out of the economy, of which 600 BILLION would be taken from your town, your county, your state and your countries budget and 1 TRILLION 400 BILLION would be taken from our retailers, manufacturers and raw material producers.
Now do you see why GM is having a tough time making ends meet ?
And no amount of bailouts are going to solve the problem.
It will take jobs.
It will take our political and corporate leaders waking up and realizing that their insistence on sending our jobs overseas is destroying the whole world's economy.
Why the whole World's economy ?
Because American consumers are the biggest spenders in the World and they want things and as long as they have money, they will buy these things.
A lot of them are made in other countries.
So when the American consumer has to stop buying because they no longer make what they used too, the trickle down effect, affects the whole World.
Right now, our experts and our political and corporate leaders are in denial.
They say that what is good for them is good for America.
We need to work together to get them to see what they are doing to America and the rest of the World.
If we can't do that, we need to use our vote and get somebody in there that will put their town, county, state and country first.
Entry: Excellent: Job Loss Remains Within Expectations Bogus: Expectations Were Painfully Low
posted by vbierschwale
Jan 09, 2009 11:28AM
Let me show you some unemployment numbers that I believe you can take to the bank because these numbers are garbage
http://keepamericaatwork.com/?p=733
Regards,
Entry: Did Charlie Gasparino Bring Wall Street To The Brink?
posted by vbierschwale
Nov 13, 2009 10:39AM
Don't know if any of this is true or not, but I know that the Analysis of the actual data that CNBC does is not worth a damn.
To get a better analysis of today's report showing the imports and exports, please take a look at the following article I just wrote
http://keepamericaatwork.com/?p=4897
Regards,
Entry: Opening Bell: 11.18.09
posted by vbierschwale
Nov 18, 2009 10:20AM
and they are increasing their salary based on what results?
I just did an analysis of the top volume stocks and if you look at them from a revenue perspective it does not look pretty
http://keepamericaatwork.com/?cat=140
How exactly are these people protecting their shareholders when they are raping and pillaging their companies at the expense of their shareholders?
Entry: Someone Else Thinks Ratings Agencies Do A Pretty Piss-Poor Job
posted by vbierschwale
Nov 20, 2009 4:09PM
You might be interested in the unofficial ratings I did the last couple of days because I too am finding out that the ratings companies have sold their soul to the highest bidder rather then be totally unbiased.
http://keepamericaatwork.com/?cat=140
By the way, if you want an honest, accurate, unbiased evaluation of the stocks, I am available for a slight fee at:
http://keepamericaatwork.com/?p=5185
If interested, my contact info is on the "contact me" page.
Want samples of my work, take a look at the categories on wages, stocks, etc. that have red text on the right hand side of the screen.
Regards,
Entry: High School Math
posted by vbierschwale
Oct 22, 2008 9:08AM
Here is an article I wrote this morning on my web site that applies to the Wachovia situation.
Article follows ===
Where has common sense gone and a observation
vjbwork | 22 October, 2008 05:44
An observation I've recently noticed
Your interpretation of this site, or any site will depend on whether you have an open or a closed mind
Your interpretation of this site, or any site will depend on whether you think logically or emotionally
I think open minded and logical thinking will get a person further in this world, but you may not see it that way
Now on to the common sense part
I recently had the opportunity to work on the World Savings to Wachovia Merger and it was one of the more eye opening contracts that I have encountered as I was like a ping pong ball in the middle, but that is another story
Todays headlines stated that Wachovia had one of the biggest ever losses in history
Granted, I am not a banker, but what could be easier as long as you follow these rules
1. Never lend out more money then you have cash on hand to cover.
2. Never lend out money if there is doubt that you will be repaid, unless the borrower is willing to put up a substantial deposit or down payment.
3. When in doubt, refer to rules 1 & 2.
Could it be that our bankers and our regulators are not following these common sense rules ?
If so, they deserve to go down with the ship and their depositors deserve to have their accounts insured by the FDIC, but the bank does not deserve a bailout of any shape or form
Virgil Bierschwale
http://www.KeepAmericaAtWork.com