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  • Welcome to the Money Glitch Blog!

    Posted by admin on August 8th, 2009 and filed under money glitch | No Comments »

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    This blog was created to explore a wide range of information in a somewhat an unorthodox manor.  When someone mentions a “glitch” what is the first thing you think about? Commonly, the term is used when referring to a short-lived surge of electricity that wrecks havoc on your laptop and other electronics. This hiccup of energy can cause lights to flicker placing you in transitory darkness, or your laptop may spool into an untimely “crowd wave”, causing one to do a quick double take to verify what you saw.  Such short-lived system faults cause an individual to shrug his shoulders and move on with one’s day.

    The Gen-Yers relate to the term money glitch as an X-Box, Forza 2, or Oblivion game in which one’s money is increased by accomplishing tasks and doing medieval battles. Yep, except for the mythical creatures, this sounds like a regular day job.  We plan to explore such fun adventures more in-depth especially while the economy continues causing more distress.  After all, everyone could use a break by enjoying a trip to La-La Land every now and then. 

    The Gen-Xers can relate to a money glitch as well.   All you have to do is to reflect back within the last two years when you woke up one morning and all your money resources and or your source of income just disappeared.  It was as though someone waved a magic wand and *~POOF~* it’s all gone!  Like many others, we can’t wait to express our opinions about the past and present Corporate America situations, products (some good and some bad), the political arena, and a diversity of other things that caused the present overwhelming money glitch within today’s economy. 

    We intend to provide a wealth of information to our readers that can perhaps ease the transition of this recession to a morning when we all wake up just in time for the magic wand to be waved and *~POOF~* the economy is prosperous again!

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    Shaun White Money Glitch vs. Finding Job Markets

    Posted by admin on August 28th, 2009 and filed under money glitch | No Comments »

    Even with the gloomy economic reports and the uninviting job outlook; there still tends to be rays of hope that are beginning to shine through on a weekly bases.   Last week despite being in a recession money glitch the Bureau of Labor Statistics (BLS) announced the good news that the unemployment rate was less than what it was projected for the month of July. 

    This week, we found an article that outlines counties located all over the U.S. that according to the BLS has continued to experience job and wage growth since the end of last year.  This article spurred an unorthodox debate of how our office might address the information that is being provided by the BLS.  For instance, should David L. who we presented a few weeks ago, pack his bags and move without a job based on the fact that Houston was one of the cities mentioned in the article?  We think this question remains unpredictable unless he has income to sustain his family for a while.

    During this discussion one author stated, “If only there were positive money glitch instructors for finding these jobs like the Shaun White money glitch game instructors.”  As you may know, a money glitch game instructor will tell you that in order to get the extra money from the Shaun White snowboarding game; one will need to ride solo, and then go to Japan and not the other three locations listed for the game.  From there the individual will need to press the back button to view the map and press the left trigger to go all the way up to the ski lift and press “A” to get on top of the mountain to proceed from there.  O.k. gamers for additional information enjoy this link to Shaun White $1M.

    Unfortunately, we don’t have a money glitch instructor that can provide job seekers instructions as to which city to choose to generate extra income during this recession money glitch.  As a matter of fact, many of you living within the vicinity of these counties may start scratching your heads in wonderment of how you could be living in a particular county and not know of the opportunities to find such employment.  Well, in all honesty that will perhaps that will remain a mystery.  Nevertheless, according to Dona DeZube, a Monster Finance Careers Expert, the BLS’ list of the 335 largest US counties by employment reflects there are counties that have rising wages and job growth.   As follows are 10 states with their listed counties:

    • Alaska: Anchorage
    • Illinois: Peoria
    • Iowa: Linn
    • Kansas: Sedgwick, Shawnee and Wyandotte
    • Louisiana: Calcasieu, East Baton Rouge, Lafayette and Orleans
    • New York: Kings
    • North Carolina: Cumberland
    • North Dakota: Cass
    • Oklahoma: Oklahoma
    • Pennsylvania: Butler and Washington

    For additional states and counties, including Texas, and more detailed information concerning wage projections for 2010, please see Dona DeZube’s article The Best Cities for Getting a Pay Raise.  Have a great weekend everyone, and remember that whether in playing games or winning in real life, “Attitude is a little thing that makes a big difference,” – Winston Churchill.

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    Money Glitch – Americans Receive Less Pay for Harder Work -Part 2

    Posted by admin on August 19th, 2009 and filed under money glitch | No Comments »

    In our article a few days ago we established that at times a money glitch can occur and have both a positive and negative outcome.  We provided an example of how downsizing and or mergers often render more income to corporations while rendering less income to its employees.  Our article also revealed that a little over a week ago the Department of Labor announced that productivity figures for the second quarter showed that the American workforce produced 6.4 percent more goods and services in this second quarter than last year’s figures although millions are out of work.  This has definitely been a much needed positive money glitch to the corporations that received this increased productivity. 

    Based on our battery example provided in part one of this article, one can say the increased productivity was positive for corporations and negative for its employees.  Yes, many corporations will be able to report making an unexpected profit within the second quarter of this year. While many of its employees are working more hours, with more duties, and many have taken a pay cut.  We are sure any corporate owner reading this article is saying, “Everyone working should just be happy to have a job in these times.”  And we agree however, we challenge you to think a little outside the box. 

    Remember that as corporations are struggling to make more money, many of its employees are still losing their homes.  We challenge you that as your productivity and profits increase that you share just a little wealth with the employees that you’re working twice as hard as last year or laid off.  With so many Americans out of work; now is not the time for corporations to hoard funds by attempting to accumulate wealth for a rainy day.  Let’s face it the floods came when the recession money glitch hit us last year.  Now is the time when everyone is going to have to give in order to get something back.  The products and services that you are making profits from cannot be purchased on meager wages and millions of workers without jobs. 

    As Maya Angelou, so fluently states, “I’ve learned that you shouldn’t go through life with a catcher’s mitt on both hands; you need to be able to throw something back.” Those corporations choosing not to give back is contributing to the glass of salty water discussed in the part one of this article. Such actions will continue not to dilute the water, but cause the water to become more salty. So we challenge every corporation that made an unexpected profit to take a portion of that profit and rehire some of the people you laid off.  Help to put America back in a prosperous state and pass our negative money glitch, by reaching out to help another fellow American.  Due to the fact that high productivity and profits only last as long as there is a demand and demand can only be generated by Americans that are secure enough to transact spending.

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    Money Glitch – Americans Receive Less Pay for Harder Work

    Posted by admin on August 17th, 2009 and filed under money glitch | No Comments »

    At times it is difficult to decipher whether a money glitch that occurs is positive or negative. In many instances it can be both, similar to a battery being positive on one end and negative on the opposite end. As you know for the last ten years or so, the “in-thing to do” has been for corporate America to downsize employees as a means of cutting lavish spending rather than stakeholders monitoring the expensive taste that many CEOs have developed. This downsizing/merging usually means that if a department is eliminated from the budget then it will become another department’s responsibility to absorb that work and keep the business flowing as usual. We think you will agree that this is a positive money glitch for the corporation (less money being spent on salaries) and a negative money glitch for the employees (that now find themselves without jobs).

    Ten years ago, when this seesaw effect repeatedly began employees were a little disgruntle maybe, however with adjustments they were able to take on the workload of the job positions that were eliminated. A good analogy of this would be that if one places a few grains of salt in water one will not notice a drastic difference in taste. However, imagine placing a few grains of salt in the water consistently every month for ten years. Eventually, one will have salt water instead of the good drinking water from the beginning. The same thing happens when a money glitch is too positive or too negative. Note, that this thought will be examined further in part two of this article.

    But, for now many Americans are saying they are happy to have a job during this recession money glitch. We agree that by all rights you should have gratitude for being employed when so many others are not. However, if you’re grateful, yet feeling that you are overworked and under paid; chances are that you are absolutely correct. The Labor Department has issued its productivity figures for the second quarter a week ago. Those figures show that our present workforce produced 6.4 percent more goods and services in the second quarter this year than this time last year. So who do you think received the positive money glitch from this increased productivity? We will take a more in dept look at this example in our next issue…

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    Money-Glitch: Lifetime Dreams Placed on Hold

    Posted by admin on August 12th, 2009 and filed under Uncategorized | No Comments »

    David L. is an accomplished Systems Engineer of 23 years with a broad range of expertise in defense, intelligence, and logistics systems analysis, design, and development.   He is a results driven, motivated team player, capable of leading and collaborating in all aspects of the systems development life cycle (SDLC) utilizing rapidly changing technologies to accomplish objectives.  Relates effectively to people at all levels and convey complex technical information in an understandable manner.

    David lives in the DC area and for the last 16 years has placed his dreams of moving south on hold for the sake of keeping his kids in school with their friends and familiar surroundings. Now that the kids are out of school, he and his wife would like to move south to the Houston or Austin area. They desire to be in a warmer climate and do away with the many years of dark and cold winters.  His wife is from the Houston area and would like to relocate there; however David’s experience is more in government and consulting which means that Austin should be a better choice for relocation. 

    However, now that Houston and Austin are feeling the impact of a money glitch, David is concerned if this year is the right time to attempt to relocate and accomplish his lifetime dream.  Houston is known for its thriving economy but in recent months the money glitch has hit this city as well.   Many are still attempting to recover from Hurricane Ike almost a year ago that left the city in disarray without power for 2-4 weeks, with only minimum help from FEMA. The area literally looked like a war zone and in many places still does due to the inadequate reimbursement money ratio. Gas prices are lower which slows the oil and gas trade and unemployment has started to rise; perhaps from the influx of large numbers of people relocating from the north to the south looking for work. 

    Austin has been known for its large IT professional population however a money glitch began in that city prior to the recession.  Last year Dell closed the desktop plant and let go about 900 workers as part of its plan to cut costs by $3 billion.  In addition Austin has been the “hot spot” to transition to for several years and continues to be among the top ten places that people are relocating.  And for the past two years has been in a blistering drought stage which is estimated to results in millions of dollars vanished on crops that simply burned up.  This will be another money glitch that will be felt by all Americans due to the lack of this food and grain supply.

    David has made several trips to Houston, but is having trouble tapping into the oil, gas, and energy industry. As you know, many of the higher paying jobs require that you have experience within that commerce. He has just recently begun to network with individuals within the Austin arena, but has not received any prospective interviews.  This money glitch recession has inconvenienced and caused countless people to simply put their lives on hold and wait for a positive turn around. Needless to say, no one counted on the economy imploding all of a sudden as it appears to have done. If you live in the Houston or Austin area we would love to hear your opinion on this article.   Should David spend another winter working in the DC area or move forward on his dream by relocating regardless of a possible money challenge? 

     

     

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    Money Glitch – Saving the Company Millions Didn’t Save Her Job

    Posted by admin on August 10th, 2009 and filed under money glitch | No Comments »

     

    Merether Trice was a quality assurance analyst/project tester at AIG when her position after nine years was eliminated in August 2008.  Downsizing in the Houston, TX division started occurring in 2005, however, Ms. Trice’s versatile ability and knowledge of numerous jobs enabled her to avoid departmental closings three times.  She started graduate studies during that time, completing an M.B.A. with an emphasis in Accounting from the University of Phoenix in July 2009.

    Having worked previously in an environment that resulted in downsizing and a plant closing; she vowed to make herself as marketable as possible for the future.  In 2002 after working with AIG for three years, she returned to school and completed a B.S.B with an accounting emphasis in 2005.  Versatile skill-sets, a winning attitude, and proactive career builders insured that if an unpredictable job loss did occur she was prepared. Shortly after the downsizing began, she realized that perhaps a graduate degree would assist in becoming more marketable in order to propel quickly to another job if it became necessary to avoid a money glitch situation.  So while some tucked their heads in the sand hoping that it would just go away, choosing not to believe and or praying against the inevitable job losses.  Ms. Trice chose to become like the duck in the pond that appears to be swimming smoothly above the water, but paddling like crazy beneath the stream, working harder to accomplish that piece of the American dream. Confidence within her abilities to succeed along with a high expectation of winning motivated Ms. Trice to work long hours and continue the pursuit of her education.

    Prior to the recession money glitch, one might think that being chosen to be a part of a special project that saves a company millions of dollars while pursuing a graduate degree would mean job security.   Just as one would hope that possessing a conversant skill-set, loyal tenure, and continued education would increase one’s value to an employer during the ‘90s. Unfortunately, many Gen Xers are finding themselves starting over along with the Gen Ys after this financial crisis. And many like Ms. Trice are finding themselves at the end of a long journey questioning what happened; and debating whether or not it was worth all the effort, the long lonely nights of burning the midnight oil till 3 o’clock in the morning, all the missed family and friends’ gatherings, and the other important sacrifices.  The winning, optimistic part of with her soul answers loudly, “Yes, it was worth it all and you will win in spite of these economic downtimes and this present money glitch.”

    Have you had a similar experience of a recession money glitch?  What are your beliefs as the unemployment rate continues to rise?

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