Banks and Lollipops

Last week Nancy Polosi sat down with Charlie Rose to chat about the economy. To me the discussion seemed "other worldly". All the complex jargon and uncertainty about why that language doesn't matter anymore. Banks, real estate and the stock market were, at least while I was growing up, the solid and safe foundation of American growth. Banks were where we went to get money and lollipops. That is what I thought. One day as we sat at the drive thru teller my mother explained the notion of banks. "Banks keep your money safe until you need to use it. They don't just give you money. You make it and they help you take care of it. You have to make your own money." Simple enough. In the current presidential election the Obama/Biden campaign is generating $208,333 per hour - a monthly pace of about $30 million and an actual total of well over half a billion dollars so far! Regardless of your party affiliations, you must admit the method and effectiveness used to make such historical amounts of money are of great importance. The combination of widely available technologies and consumers' use of them (cell phones, social networking sites, video/audio, posting) have heightend our ability to communicate value very quickly. This means when we have a product we can present, sell, and receive payment literally in seconds and at lower costs. This translates to speed. Nancy Pelosi talks about "the system" being safe and "the markets" needing to be fixed. The system is still moving slow - banks unwilling to lend to each other and certainly not to the average American. I believe the Obama method of reaching through convergent digital channels to Americans is the blueprint to speed cash (real cash versus subjective credit) into the American and global markets to help the communities protect their systems and assist their people in making money. However, the traditional system will not work. Information is truly available at a the speed of thought these days. Moreover, knowledge - recognizable collections of information you can respond to- is available for sale! As we move into the entertainment prototype - YouAspire.com you'll see new systems emerging where communities hyper-charge their economies through the cash flows of regular people. For this to work I believe people just need to promote the ideas and products of their communities. This is where Ms. Pelosi's Educate Innovate Compete Prevail will come into play. Adele's Voice I saw Adele on Saturday Night Live and thought she was incredible. I want more people to see her, buy her music and see her shows. From thought to placement was a mere 3-minutes.