Making A Profit On Bad Credit

By Christopher Zoukis

Anytime there’s a financial crisis is a good time to buy a home or re-finance a home.  Why?  Because nothing has more value than ‘real assets.’  And there isn’t anything more real than owning a home or land.  According to the old adage, God is done making land.  Image courtesy

At the present time, real estate is as cheap as it has been in thirty or forty years.  Now is a good time to buy a new home or refinance your existing mortgage.  Even if you have bad credit, programs exist to make mortgages affordable.  If you have a job and a monthly income, you can qualify for a mortgage.

Mortgage rates are as low as they have ever been.  Thirty-year fixed-rate mortgages are below 3 percent, and are unlikely to go much lower.  Simultaneously, the cost of houses has dropped 20 to 50 percent, depending on geographical location.  So it’s a win-win situation.  If the economy continues to improve, the price of houses will go up, which means added equity.  If king dollar starts to lose value, lots of investors will move the money they now have in financial investments into houses, commercial real estate, and land.  This movement will support rising real estate values.

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Microsoft Buys Nokia

By Christopher Zoukis

It’s no secret that Google is intent on world domination.  Apple maintains the same aspiration.  Other than their similar ambition, Google and Apple have little else in common.  The two companies approach the marketplace differently.  And their corporate cultures sit at opposite ends of the spectrum.  Yet Apple and Google are focused on the same goal:  technological hegemony.   Image courtesy –

In their battle for total world domination, neither Apple nor Google pulls any punches.  There’s nothing subtle about the conflict.  It’s like watching Monster Zero clash with Godzilla. 

Recently, Apple announced that it would allow Verizon access to the iPhone, which had been the exclusive property of AT&T.  It’s safe to say that the thinking behind the move was market share and profit.  So in that sense, the move was understandable, especially since Android-based smart phones are outselling iPhones by leaps and bounds.  In another sense, the move might have been a mistake, because by allowing Verizon’s customers the iPhone option, Apple may have diminished the iPhone’s exclusivity, which makes it hard to justify the smart phone’s price tag.

Historically, Apple has had a tendency to price its products right out of the market.  Witness Apple’s computers, which are not even an alternative for the average consumer.  If I can purchase a Dell laptop for half the price of an Apple laptop, it’s a no-brainer.  I’m going with the Dell.  And pretty soon, Apple will have the same problem with its iPad, because Samsung is ready to rock n’ roll. 

But things are about to get even more interesting.  Microsoft has elected to become a device company.  The first step in their strategy is to buy Nokia.

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A Case For Being Nice

By Christopher Zoukis

According to the psychologists we presently reside in an age of diminishing expectations.  And since all of us are products of this enormous bubble called the ‘social reality,’ we don’t expect much.  We actually believe that the future is “selling less of more.”  Image courtesy

In other words, we expect little from life, society and our culture.

A syllogism:

The poor get poorer

The rich get richer

The poor shop at Wal-Mart.

We become self-fulfilling prophecies.  Because we expect little, we get less.  What we get is:  Wal-Mart, Home Depot, Costco, and other retail behemoths.  These monstrosities are the cancers of an economy based upon mass production.  And mass production demands organized consumption and leisure – “the culture of consumption.”

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