A lot of the issues we are faced with from the last few months have a lot of ugly tentacles just now showing themselves. It is beyond comprehension that so many public companies were able to continue to deceive us with falsities. We were sold one good lie after another and made investment and home purchases and even employment decisions based on many of these lies.

Take the auto bailout and that’s just following this crazy tarp money that did nothing to boost lending. But with the bailout I still see way to many cars sitting on way too many lots in my home town so how is this money going to keep all these manufacturing jobs when we can’t even sell the inventory we have now? I think we should be hearing from the CFO’s and not the CEO’s and that the books should be opened so we can see how they parlayed themselves into this big dark hole. The lie in all this is that giving failing auto maker’s this loan will somehow change the outcome and increase revenue that will keep them in business in the future, they are still paying for the past and this money is only covering expenses from the past it is a float and the net 60-90 that are now later than that payable’s they probably still won’t see a dime of it.

We need to start dealing with the truth and living in reality if these companies are betting on future profits to cover current expenses they are just making the same mistakes all over again. Best way to run a business into the ground is spend more than you make and most of the companies we built this country on have been doing that for 30 plus years and all that time we thought they were profitable or were sold on buying their stock now based on some 20 or 30 years profits down the road that never came. No wonder they are always pushing long-term investing all the while shorting the stock on the front end and taking profits.

This mess is going to continue for a while and as we are now seeing all those big wig investment gurus who were actually running pyramid schemes and using one clients money to pay another who’s money they used to try and cover losses on another have just wiped out several other companies as we learned Friday.

Well I normally don’t like to get caught up in whining about the problem but until we fully understand the depth of this problem and start to educate and inform properly we will continue to have naive people jumping in on the next big scam brewing – how about that new commercial for FHA home loans that claim to have all this money, well when you call in their is a non-refundable $3500.00 application fee and guess what they make $3500.00 and convice you there is money for you and that’s a lie. Don’t ever agree to a fee upfront that is non-refundable – if they can’t do what they promise then they should not get paid.

We have to know the truth and at some point we can’t keep hushing and pushing off the truth tellers and giving the spot light to the scam artists. Those who speak softly and with conviction may not make great news but it’s time to put an end to all the cross talk yelling on our cable news stations pitting evil and good only to allow the drama to convulude the truth and the result is confusion and venues for deceit.

If we want to overcome this horrific state of emergency our globe is in we have to demand it and make sure we know the facts. The scam artists are out in full force knocking on doors, running ad’s on television, pulling hijacks from shopping carts online and most often stealing our identities to go on shopping sprees. Stay diligent and observant and question everything that doesn’t look or sound right and if it sound’s too good to be true – IT IS!