Wednesday, May 4, 2016
Top Entrepreneur News

Wed, 04 May 2016 11:00:00 -0500

Politics is simply the process, done well or poorly, of divvying up whatever there is too little of for everybody to have all they want.

Tue, 03 May 2016 23:36:00 -0500

Kelli Thomas-Drake created an app that places critical medical data into patients' hands and aims to put the heart back into healthcare advocacy.

Tue, 03 May 2016 23:00:00 -0500

Moving beyond the ping-pong table and looking at what makes a great corporate culture.

Tue, 03 May 2016 22:30:00 -0500

Every chance you have to learn from somebody else's mistakes, take it.

Tue, 03 May 2016 22:00:00 -0500

When it comes to business credit, new business owners often don't recognize the mistakes they're making until it's too late.

Tue, 03 May 2016 21:45:00 -0500

Need a reason to smile? The price-gauging pill salesman could be in deeper legal trouble than he thought.

Tue, 03 May 2016 21:30:00 -0500

Just make sure you have the legal right to use it.

Tue, 03 May 2016 21:14:00 -0500

Even solo entrepreneurs need a supporting cast of characters to help them get things done. Find out who you need and how to find them.

Tue, 03 May 2016 21:00:00 -0500

The two essentials for a winning social-media presence are getting started and staying at it.

Tue, 03 May 2016 21:00:00 -0500

Courage is more important than money when facing the risks inherent in starting a business.

Tue, 03 May 2016 20:30:00 -0500

Spend a few minutes to look at your topic through your customer's eyes and the content ideas will flow freely.

Tue, 03 May 2016 20:15:00 -0500

Developing new skills I never thought I would, saying no to clients that aren't a good fit and being 'on' even when I'm 'off' are just a few adjustments of full-time freelance life.

Tue, 03 May 2016 20:07:00 -0500

The 'Shark Tank' star reflects on the intensity of starting up and shares the three things entrepreneurs must know when launching their first business.

Tue, 03 May 2016 20:00:00 -0500

Planning your exit through a merger or acquisition takes a lot of study and preparation. Do your homework.

Tue, 03 May 2016 19:30:00 -0500

True, hackers may not be interested in you, because you're small. But your data is something else.

Tue, 03 May 2016 17:19:00 -0500

It stings to be labeled a 'job-hopper,' especially when you haven't been changing jobs by choice, but for reasons outside your control.

Tue, 03 May 2016 16:58:00 -0500

This article wascoauthored withDon Strickland, theThe Millennial Advocate. The second of five essential career skills for middle management millennials is to consistently make good decisions. Management by wishful thinking is an occupational hazard. The antidote is making sure you make decisions with all of the available data, especially external data from [...]

Tue, 03 May 2016 13:45:00 -0500

Drake once said he planned to make $250 million by the time he was 29. With less than a year left before he turns 30, he’s still got a ways to go. But the Toronto native is certainly on the right track: this year, he’s the first newcomer to crack the Forbes Five. But he's still half a billion behind Diddy, Dr. Dre and Jay Z.

Tue, 03 May 2016 05:51:00 -0500

A waitress in Knoxville, Tenn., was allegedly denied a tip Monday by a Donald Trump supporter who was insulted for having to sign areceipt using a pen from the Bernie Sanders campaign. The photo of the receipt from Barley’s Taproom & Pizzeria, which appeared on Reddit’s r/SandersForPresident and 4chan’s /pol/ late [...]

Tue, 03 May 2016 04:35:00 -0500

Here are the signs that tell you "You've stayed in this job for too long!"

Mon, 02 May 2016 14:27:00 -0500

If you’re on the hunt for a role that allows remote work options, bookmark this list and start hunting. Even better: pass it on to someone you know.

Mon, 02 May 2016 14:03:00 -0500

The "dirtiest man on TV" Mike Rowe explains why the mastery of a trade yields more than a skill to fall back on. It provides a pathway to entrepreneurship.

Mon, 02 May 2016 11:30:00 -0500

Canadian singer, Aubrey Drake Graham who is better known by the name Drake, performs on the main stage at Wireless festival in Finsbury Park, London, Friday, July 3, 2015. (Photo by Joel Ryan/Invision/AP)   The view from the top is pretty great, just ask Drake.The hip-hop star's new album, Views, was always [...]

Fri, 29 Apr 2016 18:43:00 -0500

This entrepreneur is going to do the unthinkable: Unplug from his business for a full week. Can he do it?

Fri, 29 Apr 2016 13:00:00 -0500

A food truck for your reception? Here are creative options for saving cash on dresses, rings, flowers, invitations and more.

Latest News & Information

Current Articles | Archives | Search

Chaldean Business Leaders Debate The Economic Bailout
By joe acho :: Thursday, October 2, 2008 :: 15975 Views :: Article Rating :: Business & Finance

The economic explosion continues to ripple throughout the country.  Calls for taxpayers to bailout private companies for fear of an economic downturn plays on every network and old guard paper media outfits.  “You only seem to get the real news from talk radio and the Internet,” says Bashar Jarbow.  “You can’t trust the TV networks or newspapers anymore.”

Jarbow has good cause to be disillusioned.  However, hidden in some news pages were weak warnings of the looming economic crisis.  Fadi Faraj of Chicago, Illinois e-mails www.CHALDEAN.org an archived article in the New York Times back Business Page titled, Fannie Mae Eases Credit To Aid Mortgage Lending. 

Faraj, highlights the intense pressure from the Clinton Administration to force mortgage loans to low and moderate income people.   Congressional leaders arm twisted private banks to make more subprime loans to borrowers whose incomes, credit ratings and savings are not good enough to qualify for conventional loans.

“The corruption and cover-up of a backdoor housing welfare program has hurt our nation more than any terrorist attack.  We have been bombed by greedy politicians and crooked bankers in bed with congress,” says Chaldean business leader Imad Jeddou.  “This will cost every American above the age of 18 nearly half-a million in debt that they will have to carry to his children and grandchildren.  If all those who vote for this bill are not voted out of office, America is on the path to becoming a weak European socialist society.”

Jeddou is not alone in calling on congress to stop their reckless spending.  Jeddou says that the bailout would permanently price out of the housing market all those responsible Americans who have been patiently saving to buy a house that they can actually afford.  The current housing correction is necessary to remedy the historic run up in housing prices over the past decade. By bailing out the housing market, the government will prevent housing prices from returning to affordable levels, thereby ensuring that renters will not be able to buy a home and current homeowners will not be able to upgrade.

Jeddou is frustrated over the government bailout of the housing market and says, “it’s both fiscally and morally irresponsible;  it is an unfair subsidy being paid to the wealthy (bankers), the greedy (mortgage brokers, flippers, and yes some homeowners), and the irresponsible (some homeowners), with little or no benefit to those paying the bill (taxpayers).  Why should responsible Americans be forced to pay for the mistakes of others?”

Jenna Yakou disagrees.  The Chaldean broker says, “It was irresponsible politicians forcing banks to lend to undeserving homeowners.  We get that now, but many responsible Americans will be affected by a poor economy