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Posts Tagged ‘Obama’

A trillion dollar success?

Friday, April 3rd, 2009

So the G20 summit is finally over. The Heads of State have come and gone. The protestors have had their say and another country has been entirely won over by Mr and Mrs Obama.

And the headlines have been pretty complimentary. Over a trillion dollars has been pledged and wise heads are saying that this marks the turning point for the global economy.

But look a little deeper. I’m not arguing here about the figures. I don’t know if these are old pledges or new. I don’t know if the regulation is tight enough and I don’t know if even a trillion dollars will re-vitalise world trade. But I doubt anyone else does either.

No, I think we need to look at the human cost of this recession. The thousands of firms going out of business and the millions of  people losing their jobs and in many cases their homes as well. And mainly, though not entirely, because of greed and arrogance. And it goes beyond the unemployment figures themselves. In America for example millions of people are on the breadline though they remain in part-time employment – too proud to accept State aid.

So when will we start to see an end to this recession if not following the efforts of the G20? That bit is simple. When we see real values return to corporations – both financial and otherwise – and when success is measured in real profits rather than financial engineering. And when our best and brightest recognise the value of earning an honest living.

Lets work this through

Wednesday, January 21st, 2009

January can be a tough month can’t it? At the best of times temperatures fall, work mounts up, and those credit card bills come tumbling in.

But as we all know these aren’t the best of times are they? We’re now officially in recession and some forecasters think it could be the worst since the Second World War. And with our biggest banks reduced to penny shares these are economic times like no others.

And it’s hard to see a way out. Nobody knows how long or deep this recession is going to be. And one of the biggest casualties in times like these is confidence. And without momentum everything seems harder.

But there is a ray of hope and a lead from New President Barack Obama. A realisation of what needs to be done and the scale of the problem we face but also an unshakeable belief in our ability to get the job done.

And it’s the same for us here at WebsEdge. We started the year off in style in New York producing Historians TV, another great brand to add to our roster. And however tough 2009 and 2010 become we’re going to carry on producing great TV for our vertical audiences. I hope the President is proud of us!