Tuesday, July 26, 2016
Top Entrepreneur News

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Mon, 25 Jul 2016 17:00:00 -0500

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Mon, 25 Jul 2016 16:45:00 -0500

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Mon, 25 Jul 2016 16:43:25 -0500

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Mon, 25 Jul 2016 16:36:50 -0500

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Tue, 26 Jul 2016 05:41:00 -0500

VideoThis video is coming to you from Zurich, Switzerland where I just finished meeting with a large financial institution to discuss the future of work and designing employee experiences. Without people analytics it's impossible to design any type of employee experiences since you need the data and the sciences to [...]

Tue, 26 Jul 2016 03:29:00 -0500

It was Finn Balor's birthday and boy did he ever make an impact in his Monday Night Raw debut. He's gone from NXT star to a man with a shot at a brand new WWE title belt against Seth Rollins at SummerSlam. That's a pretty good birthday present. Take a look [...]

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The iPhone 7 isn't what you expect, and this is why...

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Anyone who has ever googled “work from home” or “make money from home” knows that the web is overflowing with sites proclaiming you can make thousands from the comfort of your living room, most of the time requiring you to first buy a book, CD, or DVD to learn how. [...]

Mon, 25 Jul 2016 14:35:00 -0500

Yahoo's $1 billion Alibaba bet was the greatest in tech history. It was also Yahoo's undoing.

Mon, 25 Jul 2016 10:30:00 -0500

In its sale to Verizon, Yahoo gives up fighting its long march to irrelevancy.

Mon, 25 Jul 2016 06:38:00 -0500

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Mon, 25 Jul 2016 06:10:00 -0500

Kevin Owens and Sami Zayn tore the house down at WWE Battleground. Was it enough to outshine Dean Ambrose vs. Seth Rollins vs. Roman Reigns in the WWE Championship main event?

Mon, 25 Jul 2016 06:01:00 -0500

Here is one thing you've got to stop doing if you want to get a job that deserves you!

Fri, 22 Jul 2016 22:17:00 -0500

Drone company Propel showed off its new official Star Wars drones at Star Wars: Celebration.

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Chaldean Business Leaders Debate The Economic Bailout
By joe acho :: Thursday, October 2, 2008 :: 16574 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