Jamaican Journalist Understands Stanford Now

H.G. Helps was once employed by a Jamaican newspaper, Antigua Sun, which was owned and run by R. Allen Stanford, a Texas billionare. Helps lost his job in 1999. To Helps Stanfored always seemed a bit strange, at a company meeting he put Helps on paid leave, Helps was often times confused why this man was paying him to do nothing. Stanford had different motives, he was schemeing people out of money and he had hopes and asperations to become royalty. He made it to night hood in 2006, but as the economy turned on this new downturn many men like Stanford become appearent.

When people scam other peoples money, and the economies good theres enough money to toss back and forth, but now, theres less, and people are less willing to fund things. Standford had asperations to be royalty, and he tempararly bought his way in with disapproval from most of the people.

I think that it is a good thing that people such as stanford are being brought out in their wrong doing. He was a manipulative man, that had many frowing upon his actions. As a leader of a country, which he was trying to become, he should be able to relate to the people, and do whats best along with representing the country. where as stanford was not interested in taking part in any of those activities, he was only concerned with himself.

"Power tends to corrupt, and absolute power corrupts absolutely. Great men are almost always bad men."-Lord Acton: 1887

http://www.foxbusiness.com/story/markets/economy/jamaican-journalist-understands-stanford/

Jobless Rate Hits 7.6%; 598,000 Positions Lost in January

In January alone there was nearly 600,000 jobs lost. Because of the poor economic status of our nation many small businesses have been forced to cut jobs. Those job cuts have been visable in the unemployment rate. In December it was 7.2 percent and by January the nations unemployment jumped to 7.6 percent. In the past year the government estimates that 3.5 million jobs have been lost. The worst part is, nearly half of them have been in the past 3 months.

I think that the condition of our economy is much worse than many of us would have imagined. Being a young teenager I never truely understood the worth of the dollar. Now that i have aged it has become more apparent. Right now in my life, I dont think i truely realize it yet. While Im under my parents roof I have their finances to rely on. But in the next years to come, when I am out on my own, as a poor college student, I think that the worth and the situation we are in will hit me like a brick wall.

I hope by the time that I am in college the things Obama has talked about doing with our economy such as his stimulation plan, I hope it will work. It may not be a quick fix, but hopefully it will benefit us a little.

://www.foxbusiness.com/story/markets/economy/employers-shed--jobs-january-unemployment-rate-hits/