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Archives for December 2009

The Top 10 Reasons Why Ben Bernake Should NOT Be Time Magazines 2009 Person Of The Year

December 17, 2009 by Brad G

Ben Bernake Time MagazineIn Response To: Time Magazine naming Ben Bernake 2009 Person of The Year

10. Ben Bernake has secretly spent trillions of American Taxpayers Dollars since being named Federal Reserve Chairman.

9. Ben Bernake has the job of being the largest counterfeiter in the world. He has they keys to print up money whenever he wants and does not have to be held accountable. If you started printing up money without telling anybody do you think you would go to jail? Probably so.

8. His monetary policy has flooded the market with money. When this happens you get a devaluation of the American Dollar and inflation. Check out this inflation calculator. Put in 2006 as the start date as this is when Bernake was elected. As of today the inflation rate is at 7.3%. Did your income go up by more than 7.3% in the past 3 years? Probably not as many people are lucky if they even have a job. If my economics are right then the money I make has 7.3% less purchasing power then it did 3 years ago.

7. In hind sight, he will end up being a good pick because now the American public who does not follow economics or politics might now ask “Who Is Ben Bernake?” When they start doing research on him (hopefully) they will find mountains of information showing that the Federal Reserve is one of the Top 10 Reasons (maybe #1) why our country has gone through the recession of 2009 and had the housing bubble. This will (hopefully) get more people to start questioning why we let a organization dictate U.S monetary policy when they do not have to tell us what they are doing with the checkbook.

6. With Time Magazine selecting Ben Bernake it has to bring up the question that there must be some “back door deals” going on between the U.S Government and major media outlets like Time. I say this because how can a guy who is continuing to bankrupt our country be considered the best person in the world? Its all about control. If the U.S Government can get the message out that Government is good then the majority of U.S citizens who never question anything will continue to believe it.

5. The rest of the list is not that much better. Again, you see more people from the government. Nancy Pelosi, are you kidding me? Llyod Blankfein – CEO of Goldman Sachs… really? How can a guy who ran a company into bankruptcy and then accept bailout money be considered a good fit? If anything he should be out on the street. The list is a joke. How can you put the guy who controls the buttons on the U.S dollar on the same list with Adam Lambert, winner of American Idol?

4. Time Magazine said “His creative leadership helped ensure that 2009 was a period of weak recovery rather than catastrophic depression, and he still wields unrivaled power over our money, our jobs, our savings and our national future.” Lets brak this down. Creative – All he did was spend more money by giving it to failing companies (AIG, GM, Goldman Sachs) and to government run projects that always fail. Writing a check is NOT “creative.” Anybody can do that. Weak Recovery – We recovered? Are you kidding me. Unemployment rates are much higher than that Bureau of Labor BS that is given to us. How can you recover when wealth has evaporated and people do not have money to buy anything? What’s even scarier is the end of the quote – “he still wields unrivaled power over our money, our jobs, our savings and our national future.” One man has the “unrivaled power” over YOUR money, YOUR job, YOUR savings, and YOUR future. Does this make you feel all fuzzy inside knowing that you have no control over any of those but ONE MAN does?

3. Adding to the creativity, he has kept the Fed Funds Rate at near 0%. With it being at zero the intention is to free up more cheap money to buy stuff to “stimulate the economy.” Isn’t low interest rates how the housing bubble was created? I think so. So now you’re giving even cheaper money out. On top of that this does not encourage saving money. Have you checked your savings account rate lately? Just 3 years ago it was at 5% and now your lucky to get 1%. Thanks Ben for not promoting saving and instead more borrowing.

2. When was the last time you spent money to get out of debt? Never worked for you has it? So what makes Ben Bernake think the U.S Government can spend trillions of dollars to help us erase our debts? He can’t, that’s not how it works. The basics of it are that the U.S Government is just like any household but with bigger numbers. You will go bankrupt if you spend too much. Its that simple. Thanks Ben for putting the pedal to the metal and bankrupting the next generations of Americans as we will not be able to pay it back. Every American taxpayer is on the hook for over $111,000 right now and growing. Check the debt clock for an update. I understand you did not start this process but isn’t it just *as bad* that you are making it worse?

1. Transparency. Ben Bernake works for the Federal Reserve which is an organization that basically runs the U.S Economy by setting interest rates and being able to spend money without having to disclose anything.  How does that benefit any American Citizen? Its ridiculous how the Federal Reserve is even allowed to do this or to be in existence. It should only add fire to the fuel that American citizens should NOT trust the U.S Government to do anything. Let the free market decide what happens instead of fixing prices. Ben Bernake has only delayed the inevitable by spending more money. Prepare to have another real recession after the money is all spent thanks to the Federal Reserve and Time Magazines 2009 Person of the Year Ben Bernake.

If you would like to learn why the Federal Reserve and Ben Bernake are basically the devil I suggest you read End The Fed by Ron Paul. You will feel enlightened or pissed off or maybe both. For me it was both.

Filed Under: Government

The Top 10 Reasons Why The eBay Partner Networks PPC Affiliate Program is No Good

December 15, 2009 by Brad G

eBay Partner Network Logo10. When eBay’s affiliate program changed from a straight up affiliate program to a PPC program it became not about helping all of their affiliates make more money but eBay more money.

9. Since making the change to a PPC based model the amount of traffic to eBay has dropped to less than Amazon’s for the first time since eBay passed Amazon. This is not good news for eBay as it happened the month before Christmas. Could this just be a coincidence that 10 million less unique visitors visited eBay in the same month as the PPC structure was implemented? Probably not. Its all those beginner to novice affiliate marketers taking their web traffic and referring it somewhere else.

8. The goal is to reward good affiliate marketers with higher PPC earnings but how can the affiliate marketer know what you think is good traffic and whats not? Isn’t a sale good enough? How many companies pay their employees for bringing customers into the door and not making a sale? The answer is zero. I could only imagine a boss saying “Hey good job on bringing in 1000 customers today and NOT making a sale. We are going to give you a raise.”

7. Nothing makes a affiliate marketer more angry then looking into the transactions that occured and seeing something that they would have earned $25 with on the old way and now earning $0. How could it be bad traffic if the end result is a sale?

6. People go where the money is at. When the money they use to be earning through the affiliate program is not as good then why stay?

5. Does eBay think they are the only good affiliate program around because there are hundreds of thousands of products available? Maybe. What it means now is that affiliate marketers are going to have to team up with specific companies to make sales and not just a online shopping mall. With hundreds available it should not be hard to do.

4. Who really wins here? Does eBay make more money? I don’t see how. They are getting less people sent to their site to buy stuff. Less transactions means less revenues from listing fees. How can less be more when you only paid out when a sale was made to an affiliate.

3. The eBay affiliate program is now a joke. They have now turned away the very people who loved their website and made it into what it is. It went from making people into entrepreneurs to now making people into a employee. Affiliate marketers don’t work for eBay. You don’t give them a 401k, health benefits, or pay them a salary. You only reward them on a sale. If anything, you should want more affiliate marketers and less salaried employees.

2. Does eBay know that it does not produce anything? All you are eBay is a forum for listing products. It is already becoming too expensive to list products on your site as your fees are high. With this in mind, many people are choosing to build their own websites to sell their products on. What about all of those garage sellers from back in the day? Many choose to list it on Craigslist first as its FREE and easy to do. How much longer does eBay think they can get by on brand recognition alone? Ask companies like GM how its working for them and they actually produce something. I wonder how much lower the eBay stock price will go with these revenue deterring practices.

1. Transperency. eBay has made the affiliate program into a guessing game. Before it was pretty simple. Send traffic to eBay and if that person buys something you get a % of the revenue. How do we know whats good traffic or not? What does it matter? Hopefully eBay will stop acting like the U.S Government by hiding secrets from the people that make it what it is.

Filed Under: Affiliate Marketing

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