the economy

[Fenton Murray]

Andrew,
Allot of what you said is political, and I always ignore that, but the snip below
I love, and agree with. Thank you. 'A REAL CASH ECONOMY IS LOCAL'
Fenton

This brings us back to psychology.  We can let the talking heads  
convince us that things are terrible or we can explore the reality  
that real, cash, economy is local.  That larger debt-based economy is  
a house or cards that crashes and folds in fairly predictable cycles.   
It re-arranges itself and takes off again eventually piggy backing of  
the real cash economy you and I make in our every-day-lives.  It is  
going to be hard to get loans for a while.  So what.  A cash based  
lifestyle makes a lot more sense.  Need more money, go out there and  
make it.  Re-examine your "needs" too and pay bills in order of  
importance: food, housing, clothing and then everything else in its  
order.  Sometimes you have to look further and work harder but  
eventually there is something out there for someone willing to make it  
happen.

Never debase the value of the service you provide by attitude or by  
reduced service.  We do serve the people most able to pay in general.   
That should be a comfort.  Confidence on your part begets confidence  
on the part of your customer.

Andrew Anderson


----- Original Message ----- 
From: "Andrew Anderson" <anrebe at sbcglobal.net>
To: "Pianotech List" <pianotech at ptg.org>
Sent: Wednesday, October 08, 2008 2:05 PM
Subject: Re: the economy


> I've sold more pianos this year than the last several years combined.   
> I'm expecting to sell more before Christmas.  I'm getting more calls  
> for piano service.  I never call customers because I'm too busy  
> generally.  Economy is 90% a psychological phenomenon:
> 
> This current slow down did have some pre-cursors.  Clinton ran on  
> racial integration especially in the financial sector and made good on  
> his promise by sending out Justice Department Lawyers to threaten  
> bankers that if they didn't improve on their balance of customers  
> (racially) that they would be sued by the Justice Department with the  
> deep pockets of the American people behind them.  Bankers are a  
> cautious lot and when pushed they asked what could they do and they  
> were given an outline.  Essentially they were to give loans to risky  
> clients and develop certain types or risky products.  Democrats and  
> Republicans that were close enough to the issue to understand the  
> ramifications protested that this would result in a time bomb going  
> off when those unqualified (not by race) clients couldn't make their  
> payments.  They were viciously labeled as racists without regard to  
> party by the Clinton machine.
> 
> The "rules" or psychological climate changed and risky banking  
> products became the norm.  While we had good growth everything  
> worked.  But, like it or not, taxes do drag on the economy and we had  
> the Clinton tax-caused recession going into Bush's first term.  There  
> were some economic measures taken in the form of tax cuts and stimulas  
> in the form of a tax "refund".  This only delayed the inevitable as  
> all those pigeons sent aloft (fundamentally bad loans) came back down  
> to roost.
> 
> This brings us back to psychology.  We can let the talking heads  
> convince us that things are terrible or we can explore the reality  
> that real, cash, economy is local.  That larger debt-based economy is  
> a house or cards that crashes and folds in fairly predictable cycles.   
> It re-arranges itself and takes off again eventually piggy backing of  
> the real cash economy you and I make in our every-day-lives.  It is  
> going to be hard to get loans for a while.  So what.  A cash based  
> lifestyle makes a lot more sense.  Need more money, go out there and  
> make it.  Re-examine your "needs" too and pay bills in order of  
> importance: food, housing, clothing and then everything else in its  
> order.  Sometimes you have to look further and work harder but  
> eventually there is something out there for someone willing to make it  
> happen.
> 
> Never debase the value of the service you provide by attitude or by  
> reduced service.  We do serve the people most able to pay in general.   
> That should be a comfort.  Confidence on your part begets confidence  
> on the part of your customer.
> 
> Andrew Anderson
> 
>
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