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the trickle-down theory and why it will not work

Once again, our friend Asher Edelman has come out with a response to the current bailout plan. In no uncertain terms, he refutes the idea that the trickle-down economic policy will work in this case (or in any case in this country’s economic history). We are inclined to agree. Read on…

OUCH!

The total assistance given, loaned or guaranteed to the finance community by the administration and blessed by Obama advisors has reached approximately 8 ½ TRILLION dollars! No monies have gone to aid homeowners, credit card debtors, the middle class or, in fact, any class other than the banking and financial community, those responsible for the bubble. This will not be a successful adventure! The economy can not find its footing without direct and prompt aid to the backbone of our country, its average people.

Recent weakness in the dollar has emphasized the international view that the U.S. recovery plan is corrupted and skewed towards a trickle down effect, a method clearly proven to be ineffective in economic planning. The methodology in place will deepen the Depression and will accelerate an inflation which will equal that of the Weimar Republic, where the wheelbarrow became the wallet of the moment. The escape routes are limited as ultimately most countries will compete to degrade their own currencies as a matter of survival. There will be exceptions, but few and far between. To protect our people and the world’s people please insist that our government redirect its recovery program to where it is needed and will succeed, the average man. Only from the people will better economic times flow.

For yourselves-think sustainable hard assets (non industrial-based) be in debt and own safe currency. Any European investor who bought Treasury securities three weeks ago has now lost about 20% on his investment translated back to his own currency. OUCH!

Asher B. Edelman

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_______________________________________________
Asher B. Edelman
Edelman Arts, Inc.
47 East 63rd Street
New York, NY 10065
www.edelmanarts.com
T 212 758 4440

By Rebekkah Hilgraves

*RadHaus Solutions*: ActiveCampaign Certified Consultant. Marketo Certified Expert. Solutions Architect. Marketing automation implementation, integration, best practices, governance. Marketing automation, with a heavy dose of nerd. http://radhaus.solutions

*RadHaus Studio*: Broadcast and recording engineer, media production manager, cable monkey, marketing dork, project manager, chief cook and bottle-washer. http://radhaus.studio

A seasoned trainer, marketer, web producer and front-end developer, solutions architect, writer, consultant, broadcaster, recording engineer, and public speaker, I've worked in eLearning, Instructional Design, CMS, Marketing Automation and CRM (especially Marketo, ActiveCampaign, and SimplyCast), content delivery and management, taxonomy, SEO, media production and technical support. I bring a unique blend of experience and expertise.

Through RadHaus (formerly SheTech and Company), and in partnership with ELK // Obscura Media, and Prove digital marketing agencies, I have supported enterprise clients in marketing automation implementation and operations, digital marketing and data strategies. I help design and operationalize custom integrated marketing programs for businesses, working with audience/user group segmentation, SEO, web analytics, design and UX best practices, multimedia, social media and other strategic web design and delivery mechanisms. I also do hands-on media production and arts marketing, allowing me to remain involved in the arts.

As part of Marketo's education team, I managed the production and publication of eLearning modules, and was a key member of the LMS implementation and certification development teams.

A consultant on the Web Operations team for OppenheimerFunds in New York, I offered technical, production, and strategy support on a major web site redesign project.

As Managing Editor for an online news magazine published by NetQoS, I supervised and managed the migration of the site from a legacy content management system to a .NET-based commercial system. I maintained the site and the content, updating the magazine with new content from industry analysts and technical experts on a weekly basis.

My earliest foray into both technology and training was as a software trainer for logistics company Cheetah Software Systems, helping create an implementation and training practice standard for the company, and building their user documentation.