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Why Do You Need to Spend Money? Recession-Buster Chris Abraham Chats Up LA-Story.com

Wow.. I know this sounds and looks bad but I never knew that the podcast failed to load on this post-- and now it finally has because I re-edited it.. Actually I need to qualify that, it's not edited at all. It's the entire conversation Chris Abraham and I had about the economy and the recession and it's L O N G. However it applies just as much today as it did April 15,2009.. because the economy here in California is in worse shape than it was a year ago. Thanks to the Governator, the programs for the poor and disabled are being eliminated or severely slashed; teachers (not administrators) are getting pink-slips and there is a larger unemployment rate in California and more specifically in LA County than the rest of the nation. What's interesting is that California has the 8th largest economy in the world! So what happens to California does have a global effect on the economy. While Schwarzenegger is doing stuff now to save money- -things that should have been implemented when he first took office, it's now bare bones time.
Here's the podcast -- please listen to it and see what you think. I will check part 2 and 3 and see how they ran (or didn't).

Also it's on my agenda to get an updated version with Chris but then again he's one busy man and he is just getting back from some overseas business -- volcanic ash and all.

Talking to Chris Abraham is always an interesting conversation. It's part serious, part giggles and part free-falling imagination.

chrisabraham headshot.jpg

This is part one of a series of podcasts that started out as a series of IM's about the economy and spending money. It was right after Obama was talking about people should resume spending money because that will help regenerate the economy. (It is a statement of fact. I have done my fair share in the past few weeks-- though not always for things I really wanted. Four tires later, she sighs.)

We decided it needed to be a podcast with a loose theme on the economy, recession and about spending money. That's what it started out to be-- and then we segued into other related topics and then into vaguely related topics. About an hour later, we pretty well solved the world problems as well as a fashion dilemma or two.

Podcast # 1

Now if you find this dreadfully boring -- and it's not-- wait for podcast # 2. It's much better and by # 3 -- wow.. It's popping!


See ya!

Stevie Wilson

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“Banks were issuing CDs to refinance papers that mature in January,” said a dealer at a state-owned bank.

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