Friday, January 23, 2009

Your Turn!

When I first started blogging a few years ago, I was among a few thousand doing so. Since then, millions of new bloggers are on the scene almost daily.

Blogging is all part of a much bigger evolution called “Social Media,” and I take advantage of it.

It’s amazing how posting ideas and opinions can quickly spread. My recent postings on a tax credit for buyers of American-produced cars were picked up as Op-Ed articles in the Detroit Free Press and Denver Business Journal. I just finished an interview with CNN Money based on these postings along with thoughts on kick-starting the economy by making housing affordable for qualified buyers. The key word being qualified.

The soapbox is now a digital one. (And far more comfortable to stand on)

My most recent posting on housing and the economy became an excellent springboard for discussion when I posted it on a very popular site called Think of it as Facebook for people in business.

Several folks kindly allowed me to share their opinions with you. Here they are:

You ask "How did Washington get this way?" I believe it got that way because we the people started to believe that everytime there is a problem, we need government to solve it. We looked to the government in the 30's, they told us what we wanted to hear, gave us government programs that never go away and after 8 years of raising taxes and more government programs, we still had a depression. The depression ended because of WWII but the expectations of government didn't.-Michael Gardner, Live Coach Trainer, Salt Lake City UT.

You may just be the smartest man alive. Is the 'keep it simple' philosophy still alive? You have the dead on solution and yet.... they will dance around that money as long as they can. I agree completely. The most profound statement for me was ' government doesn't create jobs'. DUH! I pray for this new administration. I have faith that we have seen the last of the crash and burn economics and policies. Obama is smart, and he has two little kids... my thoughts, as a parent, he will do things during his administration that will impact profoundly on his girls and their children. Bravo John!!-Shari Greer, Professional Marketing and Sales, Houston TX.

I doubt that the govt can engineer especially lower interest rates for housing, separate from all else. Actually, the interest rates in the economy need to be increased so that people are encouraged to spend and save within their incomes rather than live off 'cheap' credit. Except, of course, no one can pay for a house with one's past savings - so housing loans can be supported via the fiscal mechanism instead - say e.g. allowing one to take the standard deduction instead of itemizing and, on top, get a tax rebate of, say, 28% of the mortgage interest one paid in the year. But the valid question arises, if the banks are getting these massive money infusions not for making new, cheap loans to the people, then for what are these? That's a separate speculation.-Harsh V. Pant-SAP America.

Social media is a great way to get your voice heard, and better yet, to hear other voices. Of course, not everyone agrees, but it’s this sort of discourse that has kept America very vibrant since 1776.

Technology simply makes it easier to do so.

John W. Scherer
John is CEO & Founder of Video Professor, Inc.
Reach him at