Ernest's Dialogues

We wish you prosperity!

2011-01-03T10:04:00.000-08:00

Ernest Ionescuhttp://investing-manage-properties.comhttp://winner4us.com

We can create our Theory about surrounding Universe

2010-04-27T06:54:00.000-07:00

Thinking is traveling with higher speed than light. We know "the energy follows thought" from Hinduism/Yoga and our practice with esoteric healing at the distance.

We can build better theories than the violent end of the world and movies to show it in details. This movie "2012" was a meaningless violent exercise.

At least the membrane theory says our Universe is contained by a multi-dimensional membrane and the touching with next membrane at different and repeated intervals in time may explain the Big Bang and Big Bangs but, why it happens we have no clue...

We can choose more positive thinking. Is there such a thing as global thinking? What about thinking to significant contributions with higher meaning, hopes to make our lives better by doing our individual work?

Ernest Ionescu
http://investing-manage-properties.com
http://winner4us.com

About Property and Equality of People

2010-03-20T12:26:00.000-07:00

The Utopians dream for people equality since ancient times. Why people should be equal? Obviously we are not each other identical. What motivate us is what we do not have. To demonstrate the inequality of people is not the purpose of this article.

Both communism and some kinds of socialism upheld the notion that private property is evil, because private property benefits one group of people over another, giving rise to domination through the use of property rights.

The communist word for this is exploitation. The solution for exploitation was to take the state power, socialize all properties and destroy the unhappy formal owners, the bourgeoisie, and make all equals. I call it a violent social revenge; they called it the dictatorship of the proletariat. So far the communist solution of this problem was to make people equal in poverty.

I was five years old in 1947 when after WWII, in the Russian occupied the communist dictatorship of the proletariat started. The people with properties or money in the bank were the enemy. I saw the first conversion of the money. They say the king picture on the money do not mach with the new Republic symbols. The exchange was meant to make cash on hand worthless. The total amount exchanged was limited to one month living expenses. Everybody has to work for small retribution that will never make rich people again, but the work around was to become a privileged person. We the kids played games with worthless coins for years after that. We remember that time and understand more now.

Ernest Ionescu

http://investing-manage-properties.com
http://winner4us.com

2009-11-24T12:56:00.001-08:00

This is what we discovered in our summer expedition down Grand River in Michigan.

What do yo think it is?

We wish you a great Thanksgiving celebration.

See more good reason to celebrate more right now on my "Berlin Wall" page: http://www.winner4us.com/berlin-wall.html

Ernest Ionescu

http://investing-manage-properties.com
http://winner4us.com

How I got retired from GM

2009-07-13T12:20:00.000-07:00

The General Motors (GM) did and had to do separations and layoffs to survive in this economic crisis.

I write this article for some people from Europe or from a different culture that envy us the Americans for more opportunities and more material advantages.

The truth is in the capitalist world most companies work for profit and in the due process the capital and resources are reassigned continuously.

The destruction and corporate layoffs are part of reconstruction. I learned that from school and experience and now this is part of my business thinking.

I wrote this article about layoffs for me too. I have my ego problem being separated the American style.

The full article is at www.winner4us under "Corporate Layoffs" label.

Ernest Ionescu

http://investing-manage-properties.com
http://winner4us.com

What is The Third Way?

2009-05-11T16:25:00.000-07:00

Is there The Third Way a choice between Capitalism and Communism or Socialism? This is just a question. You may know more than me about the way to democratic socialism, because I spent 47 years in the Soviet Union dominated socialist Romania and only twenty in the USA.

There are more words to define this concept. Is it "the Socialism with a human face"? Certainly not, that was Ceausescu's Socialism.

There is a Chinese pragmatic way coming after the Soviet Union collapse. Here it is the Deng Xiaoping's famous quotation that says a lot to me:

"I don't care if it's a white cat or a black cat. It's a good cat so long as it catches mice."

So many ideas are coming from all directions including Great Britain with Tony Blair's "Centrist way" or even The United States democratic social programs to name a few.

Before going even further I suggest to take a deep breath and start reading my pages about "What is Socialism?" or better "What is the Communism?", "Romania at Historic Crossroads", or "The Escape - Confession of a Refugee"

Ernest Ionescu

http://investing-manage-properties.com
http://winner4us.com

Federal Reserve is fighting for Financial Stability

2009-03-14T07:17:00.000-07:00

The Federal Reserve considers transparency about the goals, conduct, and stance of monetary policy to be fundamental to the effectiveness of monetary policy. The Federal Reserve Act sets forth the goals of monetary policy, specifically "to promote effectively the goals of maximum employment, stable prices, and moderate long-term interest rates." Financial stability is an important prerequisite for achieving those goals.

In January 2009 during an interview on C-SPAN, Rep. Paul Kanjorski (D-PA) paraphrased information provided to Congress in September 2008 by Federal Reserve Chair Ben Bernanke with then-Treasury Secretary Hank Paulson.

According to Kanjorski, the Federal Reserve at about 11 AM on Thursday, September 18, 2008 detected that $550 billion had been withdrawn from money market funds in the preceding 1-2 hours. In response, the Fed started to provide liquidity to try to stem this electronic bank run. After spending $105 billion, Fed officials realized that they were unable to stop the run.

Kanjorski did not say who was behind these massive money market withdrawals. There are several central banks and some of the world's ultra-wealthy private individuals who could have started this process. Much of global financial investments are managed by computer programs set up to react quickly to unusual trends.

A single party could have started the whole process by withdrawing enough money market funds to cause other investors' programs to spring into action to withdraw their funds, leading the whole process to snowball.

They stopped further spending, temporarily closed down money market accounts, and then announced that the federal government would guarantee such accounts up to $250,000 per account as a means to halt the panic.

According to the Fed, if they had not made the moves that they did then, a total of $5.5 trillion of money market funds would likely have been withdrawn by 2 PM. If that had occurred, the entire US economy would have collapsed.

Then-US president Bush quickly called for a $700 billion bailout package that grew to $875 billion by the time Congress got through adding projects. These events and response to them created an impact on presidential elections. Currently the President Barak Obama and the executives fight the global financial crisis to avoid further economic deterioration in the USA.

The Federal Reserve has implemented new policy tools to address the global current financial crisis.
The reduction in the target federal funds rate from 5-1/4 percent to effectively zero was an extraordinarily rapid easing in the stance of monetary policy. In addition, the Federal Reserve has implemented a number of programs designed to support the liquidity of financial institutions and foster improved conditions in financial markets.

The first set of tools, involve the provision of short-term liquidity to banks and other depository institutions and other financial institutions. Because bank funding markets are global in scope, the Federal Reserve has also approved bilateral currency swap agreements with 14 foreign central banks.
A second set of tools involve the provision of liquidity directly to borrowers and investors in key credit markets.
As a third set of instruments, the Federal Reserve has expanded its traditional tool of open market operations to support the functioning of credit markets through the purchase of longer-term securities for the Federal Reserve' portfolio. For example, on November 25, 2008, the Federal Reserve announced plans to purchase up to $100 billion in government-sponsored enterprise debt and up to $500 billion in agency mortgage-backed securities.

Transparency about monetary policy also helps promote the accountability of the Federal Reserve to the Congress and the public. Such accountability is especially critical when nontraditional policy tools--which are less familiar to the public than traditional policy tools--are employed.

Ernest Ionescu

http://investing-manage-properties.com
http://winner4us.com

Ask the lender for original mortgage note, this may be the foreclosure stopper.

2009-02-22T08:44:00.000-08:00

A study made by University of Iowa in 2007 concluded that companies servicing mortgages are often negligent when it comes to producing the documentation to support foreclosures. The study of 1700 bankruptcy cases stemming from home foreclosures found that 40% of the time the original mortgage note was missing along with other required documents.

Asking a judge to compel production of hard-to-find or non existent documents can delay foreclosure. Using this tip the homeowner buys some time and renegotiate the mortgage.

Way this is happening?

The past decade of real estate business frenzy generated by low interest rates and easy to lend procedure produced new security instruments. Mortgages were sold and resold, bundled into new financial instruments named securities and sold to investors around the world.

Today lawyers, homeowners and advocates advice for produce-the-note strategy.

Ernest Ionescu

http://investing-manage-properties.com
http://winner4us.com

Economic recovery is starting about one to two years before the unemployment numbers get smaller

2009-02-09T16:53:00.000-08:00

Financial crisis, recession, unemployment is deepening or on the rise. What a mess! My today enthusiasm gauge for blogging is close to zero, but I do not give up. I have some ideas to share with you.

From 2001 - 2003 recession I learned that economic recovery is starting about one to two years before the unemployment numbers get smaller.

Since 1854, the US economy has gone through 32 business cycles (recessions and recoveries). In other words, the direction of economic activity eventually changed. Many times in these past cycles, the economy started to recover well before employment turned up.

The companies can use layoffs to increase efficiency, laying the groundwork for future increases in profits and wages for their remaining workers. What that means is that a 1% loss in jobs results in a smaller than 1% loss of production. And using assets more productively frees up resources to do "new" things. We have lost millions of farming jobs over the decades and centuries, but
The nation as a whole is more prosperous as a result, not less.

Right now some economists scrutinize home sale and manufacturing orders for more positive signs. They know that the media and everybody else will be aware of economic recovery when this process has already got momentum.

So what is the good news right now?

The spring is coming in few days or weeks.
The days get longer and we will spend more time outside or in day light. Getting out of winter depression, building more endorphins and a new optimism will add to more energy for job search or more enthusiasm for current work. What about starting a new business?
Every spring smart employers start considering if it is the time for a new economic cycle. Overtime for workers first and new hiring later will translate in new/repackaged products. What products?

What goods sell well in down market?

- Entertainment, games, movies, and the like will continue to sell.
- More food for less money - five foot long, two burritos for pennies, etc.
- Cell phones and internet communication will sell well;

Everything is getting negotiable: houses, mortgages, cars, luxury items, trips and cruises. Not necessarily all are bargains or a must have items but it is worth a tray if you have the time, disposable cash or credit.

I think the automotive industry will shade more jobs and the leaner companies with financial support from government will compete better in current environment. Many drivers will give up or the winter will kill the old unsafe cars. The need for decent transportation will propel the demand at General Motors and Ford car dealers. This is happening every spring regardless of economic cycle.

Obviously I am the guy that is looking to a bottle and sees it half full not half empty. Therefore, I remain optimistic that we still live in the greatest country in the world and that one day soon we will look back on these times as just another bump in the road on our life' journey.

Until full spring and more signs for economic recovery I wish you the best of luck and good health.

Ernest Ionescu

http://investing-manage-properties.com
http://winner4us.com

Perception problems for GM

2009-01-07T06:47:00.000-08:00

Perception is everything, or almost everything. Perception influences reality. This article wants to add more to GM reality.

Perception: It is that the GM of 20 years ago is the same GM today -- the same insular corporate culture, a Midwest car company wedded to the belief that the only good horsepower is more horsepower, a corporation unalterably opposed to even the most reasonable fuel economy and clean air regulations.

Reality: That old GM disappeared in the early 1990s. It was replaced by a company that continued to make mistakes -- for example, initially establishing its Saturn group as a stand-alone company and wasting money on the horrid Pontiac Aztek crossover utility vehicle. But the new GM at least recognized its errors and moved with reasonable dispatch to correct them.

Perception: GM was alone in pursuing truck dollars.

Reality: That's baloney. Nearly all car companies doing business in the United States went after that money. But here's the kicker: An amalgam of Southern states gave hundreds of millions of dollars in tax incentives to GM's foreign rivals to build nonunion assembly plants in their region. Beneficiaries of those states' "business-friendly" policies included BMW, Nissan, Mercedes-Benz, Toyota -- all of which used taxpayer dollars to set up nonunion truck plants to go after the truck business dominated by union-represented GM, Ford and Chrysler manufacturing facilities.

They went after the truck money. Toyota launched and re-launched its Tundra pickup, even Suzuki has cobbled together a full-size Equator pickup.

Perception: All Detroit needs is deep restructuring and federal bailout money for long-term viability.

Reality: Wrong. Detroit needs what America sorely needs -- a Congress with the leadership chutzpah to devise and implement industrial and energy policies that will help to keep native manufacturing industries alive. Detroit's problem isn't poor products or lack of products. It's a nationally collapsed financial system. And it's governmental hypocrisy -- our willingness to pour tax dollars into foreign enterprises, most of them not unionized, while griping about doing the same for homegrown, unionized manufacturers largely responsible for building America's middle class.

Ernest Ionescu

http://investing-manage-properties.com
http://winner4us.com

New Video -Slides Presentation

2008-12-27T12:04:00.000-08:00

Is my intro ugly/surprising enough to keep the visitor perplexed for few more seconds/minutes?

Ernest and Marina

PS> Please more truth, I added the slide presentation for FREE download with links at my Home and at
http://investing-manage-properties.com/ernest-dialogues.html for e-mail registration.

Thanks

Ernest Ionescu

http://investing-manage-properties.com
http://winner4us.com

GM Submits Plan for Long-Term Viability to the U.S. Congress

2008-12-03T07:37:00.000-08:00

GM yesterday submitted a plan to use Federal bridge loans to create a leaner, more competitive company.
The plan calls for:

· Increased production of fuel-efficient vehicles and energy-saving technologies;
· Rationalization of brands, models and retail outlets;
· Reduced wage and benefit costs, including further reductions in executive compensation;
· Significant capital structure restructuring;
· Further consolidation in manufacturing operations.

General Motors today offers 20 models with 30 miles per gallon or more on the highway—more than any other manufacturer. General Motors is also the world leader in flex fuel technologies, with over 3 million flex fuel-equipped vehicles on U.S. roads today. Flex fuels represent the fastest way for the United States to reduce its dependence on imported oil.

While remaining a full-line manufacturer, GM will substantially change its product mix over the next four years, and launch predominately high-mileage, energy-efficient cars and crossovers.

In the Plan, further shifts to smaller displacement gas engines will occur—8-cylinder engines are replaced by 6-cylinder engines, 6-cylinder engines are replaced by 4-cylinder engines. More extensive use of turbo-charging is enabling the shift to smaller displacement engines, providing better fuel economy with normal operations but offering power in reserve for emergency situations. 4-cylinder engine usage, for example, will increase by 42% by 2012, and fuel-saving 6-speed automatic transmission volume will increase by 400%, to over 90% of GM‘s U.S. automatic transmission sales volume.

Ernest Ionescu

http://investing-manage-properties.com
http://winner4us.com

The communism experiment is not for the USA

2008-11-25T07:36:00.000-08:00

The Communist system is characterized by the absence of social classes and by common ownership of production means, and repartition of goods is done on the principle of "to each according to his/her need," each yielding fully "according to his/her abilities."

Everyone is tempted to construct on these "base principles" a society without money, no government, no armies, and all other fantasies.

Few talented writers competed with those dreams. George Orwell and Aldous Huxley did their best in "Animal Farm" (1945), "1984" (1949) and "Brave new world" (1932) respectively, expressing their fears for the destruction of the liberty of the individual into a totalitarian (communist) regime long before it was evident to everybody. We call genius the people with sensitivity beyond their time.

In short we are dealing with two lies

Now we are talking about reality not fiction, about recent past, about inconsistent scientific thinking, about false premises, about lies.

The premise of a classless society, with all equal, and keeping all equal, generated the dictatorship of the proletariat at the beginning (a form of social revenge against the wealthy and the intellectuals) and an absurd terror (the democratic centralism) against everybody's initiative beyond government control later.

The premise that unlimited human needs can be satisfied in a world with limited resources is an obvious error even for a beginner in economics. In our world there is competition because everything is in short supply.

These two lies are:

1. That humans are equal, and

2. That human wants can be satisfied

The humans are equal only in front of God at the Last Judgment. Until we die, everybody likes to be equal for more not for less. Human need for food, shelter/safety, love, social appreciation, artistry products, and esthetic or divine devotion are unlimited. For me this is very clear.

What 47 years life experience in Romania taught me about Socialism

All the 20th century communist experiments created a classless society in which the individuals are negated -- everybody can be replaced by anybody.

- The free competition was forbidden. The motivation from pay or retribution disappeared. The material satisfaction from work and entrepreneurial spirit were the biggest sins.

- The equality created was at the lowest level. A top scientist was paid at the level of an unskilled worker.

As a result it was a no-hope society for many and a "safe" non-motivational environment for the majority. Only the informers were in competition for more opportunities, to maintain all that the repressive rules enforced.

That is why I call the communist experiment an anti human society.

Ernest Ionescu

http://investing-manage-properties.com
http://winner4us.com

I have two websites with 20 to 45 visitors/day

2008-11-23T17:14:00.000-08:00

I would like to add to my sites my video for e-books promotion and real blogs that allows comments.
What is your experience with ClickBank or direct sale?
Thanks

Ernest Ionescu

http://investing-manage-properties.com
http://winner4us.com

Support for the Auto Industry is in America’s Best Interest

2008-11-22T15:56:00.000-08:00

Support enables the industry to bridge what is arguably one of the country's most difficult economic periods and to weather a financial storm not of its own making.

Almost 4% of U.S. gross domestic product is auto‐related and represents 10% of U.S. industrial production by value. One out of every 10 U.S. jobs is auto‐related, and auto workers receive $335 billion annually in compensation. Specifically, GM, Ford and Chrysler account for roughly 70 percent of U.S. auto production and are estimated to support around five million jobs across all 50 states.

Failure of one automaker would trigger a domino effect on the supply chain and the finance subsidiaries and on other domestic automakers.

I have been working for GM since 1991. We at GM have been through many structural and optimization cuts.

What is your opinion about the loan for auto industry at this time?

Thanks

Ernest

http://investing-manage-properties.com

http://winner4us.com