The Financial Crisis Solution Blog

Practical Financial Crisis Solutions and Economic Recovery

Another one of my Business Practice suggestions to our government, that I’ll reveal now, would be to abolish the entire Credit Rating System yesterday. Why? The reason is the entire system was irresponsibly, immorally, unethically, and illegally created to begin with in order to deliberately drive the majority of Americans and their businesses into a [...]

Bernanke Debt Solution Plan Will Not Work
Ben Bernanke’s new secret Debt Solution Plan will be no more effective in getting the U.S. real estate market and overall economy back on positive tracks than taking 1 drop of red ink and placing it in either the blue Atlantic or Pacific oceans and expecting all oceans of the world [...]

The Birth Of America’s Financial Crisis
Here’s my short version outline of how America’s real estate market and overall economic financial crisis started.
The Birth Of Massive Payment Delinquencies
As a result of all time record breaking amounts of consumer borrowing and spending combined with all time record breaking amounts of  irresponsible, immoral, unethical and illegal lending industry business practices between the [...]

 Lender Short Sales May Have Tax Consequences
A Lender Short Sale occurs when a lender agrees to reduce the mortgage principal balance so that a financially struggling home owner who owes more on their home than what it is worth can sell their property.
Potential Tax Liability
Home owners who agree to Lender Short Sales should be aware of [...]

Has  Capitalism Ruined America Forever ?
In theory I do not have a problem with a free market system of Capitalism when the powers to be that oversee the system and the participants of the system implement business practices that are responsible, moral,
ethical and lawful.
However in reality I do have a problem with a free market system of Capitalism when [...]

Dear Barack and America,
Do You Know The Answers To The Following Questions ?
1.  Why should lender and creditor modifications in all consumer debt level  categories be legally mandated at this point in time ?
2. Why should lender and creditor short sales in all consumer debt level  categories be legally mandated at this point in time ?
3.  How should legally mandated lender and [...]

 Sequence Of Events That Started The
U.S.  Real Estate Market And Overall Economic Financial Crisis
Personally I honestly do not believe that Barack Obama, Ben Bernanke, Timothy Geithner and the vast majority of politicians in Washington, D.C. really understand  how America’s real estate market and overall economic financial crisis  started.
 The reason I say this is because if they really did they [...]

Phil Mitsch Financial Crisis Solution Videos
About 35 dynamic live in seminar video clips of Phil Mitsch talking about the Reasons for and the Solutions to the U.S. real estate market and overall economic financial crisis can be seen on the internet in the following media.
 1. You Tube
 2. Face Book
3. Trulia
4. Vimeo
5. financialcrisissolutions.com
 6. financialcrisisjournal.com
 7. philmitschuniversity.com
8. Metacafe
 Don’t MissThese [...]

Excerpt From My America’s Financial Crisis Solutions Book That I Wrote In The Spring Of 2008 
I don’t think it would hurt to include the definition of the word Respect since the Golden Rule is based upon it. Here’s how the dictionary defines it.
1.   To have differential regard for
 
2.   To treat with propriety or consideration
3.   To [...]

Here is another Life Lesson that I have learned and would like to share with you. Hopefully it will help you in both your personal and professional life.
The Only Thing You Can Now Depend Upon
The Only Economy Fairy That You Can Now Depend Upon For Financial And Psychological Survival Is That Little Thing Between Your Ears
Known [...]

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