Tag: bankruptcy

  • Throwing In The Towel For The New Ship

    boats-in-marina-south-beach1In this cover story of USA Today, Chrysler has filed Chapter 11 bankruptcy. It says it is “their last ditch attempt to get in order before partnering with Italian automaker Fiat.” It also say that in 1980 the company “survived a near-death experience with government loans in the 1980’s and rebounded a few years later.”

    There is a saying: “What comes up, must come down.”  You don’t hear so much: “What comes down, must come up.” That would be the rebound.  If the crash is too hard, it might end up dead and have no fate of survival.

    Having had a near death experience, rebounding and now having a new “crash” in my career, I definitely feel like a ping pong ball. Why can’t it be: “What comes up stays up?” I know whatever circumstances I have experienced are a result of my own actions. I am not blaming anyone. Most of the time, I end up doing my work alone. The main reason was because I put most of my focus in these last 13 years on raising my son. I wrote about it here in this article titled, Let Cupid Point You in the Right Direction. (more…)

  • Save the Union, but Save Yourself First

    united-states-flagLeonard Pitts, from the Miami Herald wrote an article about the myth that Abraham Lincoln freed the slaves. He says  the Emancipation Proclamation was a military measure to destabilize the rebellious south and did not apply in slave holding states.  http://www.miamiherald.com/living/columnists/leonard-pitts/story/857544.html

    However, he does point to the fact that Lincoln abhorred slavery and believed in the humanity of blacks. Lincoln’s primary goal was to save the Union. And so, the Union of the United States remains.

    But what kind of Union? We are witnessing today in the inauguration of the 44th President. The main theme is hope and confidence. We can be down in the gutter, but hope is the light at the end of the tunnel. I do hope for a greater Union. President Obama has been clear that it will take work and sacrifice. He is asking for all to do their part.

    The United States is in virtual bankruptcy.  I have awakened in my own personal life , the value of myself without a penny. I lost a big source of my usual income in the last year as a realtor in Miami. But in the process right now of rebuilding, I haven’t lost my dignity, self-respect or self-value. (more…)