[Rich3444]

I know the natural tendency on these Las Vegas threads is to complain about the umeployment rate, real estate market, crime rate, Obama, etc...

THINK ABOUT THIS:
- If the umployment rate is 14%+ (estimate) that means over 85% of people are employed - SO FOCUS YOUR ENERGY ON BEING PART OF THE 85% if your umemployed - BE THANKFUL AND POSITIVE if you are employed.

Everyday is your opportunity to create change, to improve, to learn, to grow, to sell your product(s) or service(s), to volunteer, to help your neighbor, to earn lots of money.....SEE WHERE I'M GOING WITH THIS

ADD A POSITIVE COMMENT TO THIS POST AND WATCH HOW GOOD YOU BEGIN TO FEEL AND HOW FAST GOOD THINGS HAPPEN FOR YOU

[Golfinnova]

Originally Posted by Rich3444

I know the natural tendency on these Las Vegas threads is to complain about the umeployment rate, real estate market, crime rate, Obama, etc...

THINK ABOUT THIS:
- If the umployment rate is 14%+ (estimate) that means over 85% of people are employed - SO FOCUS YOUR ENERGY ON BEING PART OF THE 85% if your umemployed - BE THANKFUL AND POSITIVE if you are employed.

Everyday is your opportunity to create change, to improve, to learn, to grow, to sell your product(s) or service(s), to volunteer, to help your neighbor, to earn lots of money.....SEE WHERE I'M GOING WITH THIS

ADD A POSITIVE COMMENT TO THIS POST AND WATCH HOW GOOD YOU BEGIN TO FEEL AND HOW FAST GOOD THINGS HAPPEN FOR YOU

Good post Rich

Here's my positive post about Vegas:

1. My business increased 8% over 2008 even with everything going on with the economy. I didn't let the doom and gloomers get me down, I dug in and got more accounts just by giving great service. It's already paying off here in 2010 as I'm working on getting new accounts this week.

2. We can each individually help our community by spending some time picking up trash, donating or volunteering to a worthwhile charity. I donate my expired products to Catholic Charities on Foremaster so that those less fortunate have a meal. It's a great feeling to know that I'm doing my part to help those people.

3. Las Vegas has tremendous opportunity. Even if I didn't have my own business, there is opportunity to make a name for yourself.

4. Most important, I'm not buried in snow unlike my friends back in D.C. I'm swinging a golf club versus a snow shovel.

[Rich3444]

It feels good to hear you're in such a productive flow. KEEP GOING, STAY FOCUSED AND LIVE WELL MY FRIEND....

[plaster3]

Golfinnova,

The greater news is that many community banks in the area are looking for businesses just like your to establish a banking relationship with.

At my bank, we unfortunately have seen many of our clients disappear from this horrendous recession, but many new and existing business that are succeeding are helping local banks get out of the 'bad decisions' made with many of these land deals.

Trust me everyone, when confidence from small business is shown through deposit and loan relationships w/ community banks, the community itself will grow and be stronger. Even with the abundance of vacant office and retail, a confident community bank will be more accessible to you when the economy does turn, giving you the edge in being the first out the gate to grow your business.

I hope to read about many more businesses showing the positives - great thread Rich!

[Golfinnova]

Originally Posted by plaster3

Golfinnova,

The greater news is that many community banks in the area are looking for businesses just like your to establish a banking relationship with.

At my bank, we unfortunately have seen many of our clients disappear from this horrendous recession, but many new and existing business that are succeeding are helping local banks get out of the 'bad decisions' made with many of these land deals.

Trust me everyone, when confidence from small business is shown through deposit and loan relationships w/ community banks, the community itself will grow and be stronger. Even with the abundance of vacant office and retail, a confident community bank will be more accessible to you when the economy does turn, giving you the edge in being the first out the gate to grow your business.

I hope to read about many more businesses showing the positives - great thread Rich!

Hey plaster3,

You're right on the money. I quit doing business with the megabanks years ago because you were nothing more than a number to them and as Dave Ramsey correctly states "they have lost their soul". I have strictly done business with local credit unions both here and in DC for the last 10 years and I will continue to do so as long as I'm alive.

The good news is that while we will have growing pains for the next couple of years, we in the business community who stick it out and live by the golden rule will not only survive but flourish once the recession ends.

[Spraynard Kruger]

Originally Posted by Golfinnova

Hey plaster3,

You're right on the money. I quit doing business with the megabanks years ago because you were nothing more than a number to them and as Dave Ramsey correctly states "they have lost their soul". I have strictly done business with local credit unions both here and in DC for the last 10 years and I will continue to do so as long as I'm alive.

The good news is that while we will have growing pains for the next couple of years, we in the business community who stick it out and live by the golden rule will not only survive but flourish once the recession ends.

Well said.

[KidsinVegas]

Economic Reality and what you want to happen are not on the same page.

Sure there will be people that will succeed in down times.

But the reality is that for the masses there is simply too much debt to spur the quality of living of yesterday.

And while we like to Blame Banks... the real problem is the Fractional Reserve Banking system that allows banks to create money out of nothing. Our way of life is tied to Banks and Banks set the rules based on what they are told they can and can not do.

Debt is not Capital. And you can not spend your way out of anything.

And Government only tracks unemployed who qualify for Benefits.

So the glass is half full or half empty. You view it as you like. But the reality is half is still half.

Mega Bank, Community Bank, Credit Union... they all operate on the same Fractional Banking principals which create a society enslaved to debt. Wrap it anyway you like.

[Rich3444]

Originally Posted by KidsinVegas

Economic Reality and what you want to happen are not on the same page.

Sure there will be people that will succeed in down times.

But the reality is that for the masses there is simply too much debt to spur the quality of living of yesterday.

And while we like to Blame Banks... the real problem is the Fractional Reserve Banking system that allows banks to create money out of nothing. Our way of life is tied to Banks and Banks set the rules based on what they are told they can and can not do.

Debt is not Capital. And you can not spend your way out of anything.

And Government only tracks unemployed who qualify for Benefits.

So the glass is half full or half empty. You view it as you like. But the reality is half is still half.

Mega Bank, Community Bank, Credit Union... they all operate on the same Fractional Banking principals which create a society enslaved to debt. Wrap it anyway you like.

So can you explain "HOW" in our current economic system will money get into the hands of merchants/businesses - who pay employees who then pay taxes and become consumers to the merchants/businesses...without the banking system? Our fractional reserves system is just the systematic way to get currency into circulation.

Money has to circulate - and all "debt" doesn't hold the same value. Debt becomes a problem whenever money stops circulating...ie, when one losses a job (primary income source), which impacts their ability to put money back into the hands of their creditor (pay bills). When money is circulating, "Debt" can start new businesses, which creates new jobs, which creates income for households, which generates revenue for governments and creates consumers for merchants.

A sound banking practice is what helps to facilitate the merry-go-round. Debt alone is not a bad thing...interest rates or the "cost" of debt can be.

[Golfinnova]

Originally Posted by KidsinVegas

Economic Reality and what you want to happen are not on the same page.

Sure there will be people that will succeed in down times.

But the reality is that for the masses there is simply too much debt to spur the quality of living of yesterday.

And while we like to Blame Banks... the real problem is the Fractional Reserve Banking system that allows banks to create money out of nothing. Our way of life is tied to Banks and Banks set the rules based on what they are told they can and can not do.

Debt is not Capital. And you can not spend your way out of anything.

And Government only tracks unemployed who qualify for Benefits.

So the glass is half full or half empty. You view it as you like. But the reality is half is still half.

Mega Bank, Community Bank, Credit Union... they all operate on the same Fractional Banking principals which create a society enslaved to debt. Wrap it anyway you like.

Not trying to get this off track, but Congress put the guns to the heads of the banks to get people into homes when it was clear that they weren't in a position to do so, loosening up the rules with no-down payment along with no-doc loans was a perfect storm especially here in Vegas with tons of people buying homes for investments.

Now getting back on topic, I realize that there are people who are in dire straits financially; however, I chose not to participate in the recession. Which is the theme of Rich's post, Vegas has tons of opportunity and with a little work, if you take care of business with an old school Vegas attitude then success will quickly follow.

[Willy702]

This thread was promising for a bit and then the usual party killers stepped in. See now why I am getting the hell out of Vegas? People like this infect this city like rodents. Can't be positive for more than 30 seconds in a conversation before someone wants to crap on your party.