SC October2011.pdf - Parts & People
SC October2011.pdf - Parts & People
SC October2011.pdf - Parts & People
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<strong>Parts</strong> & <strong>People</strong><br />
The Monthly Regional Publication<br />
For Southern California<br />
Automotive Specialists<br />
Volume 5 / Number 10, October 2011<br />
Publisher: Lance Buchner<br />
Associate Publisher: Michael Anderson<br />
Managing Editor: Rob Merwin<br />
Contributors: Jerold B. Smith,<br />
Dick DeLoach, John Yoswick,<br />
Matthew Sevart<br />
Graphic Arts Director: Mario Waller<br />
Printer: Tribune Publishing Co. Inc.<br />
<strong>Parts</strong> & <strong>People</strong> is published monthly by<br />
Automotive Counseling & Publishing<br />
Company, Inc., a Colorado corporation.<br />
ISSN 1083-771Z<br />
Corporate Office<br />
Automotive Counseling & Publishing Co., Inc.<br />
PO Box 18731, Denver, Colorado 80218-7310<br />
800-530-8557<br />
President/Publisher: Lance Buchner<br />
National Sales Director & Associate Publisher:<br />
Michael Anderson<br />
Director of Sales Development and Marketing: Art Wolfe<br />
Founded by Lance Buchner and Dave Lucia.<br />
www.partsandpeople.com<br />
Office Manager: Amanda Buchner<br />
Web and Production Manager: James Faust<br />
Circulation: Tracy Buchner, tracy@partsandpeople.com<br />
Subscriptions are free to all automotive-related Southern<br />
California regional business owners and managers;<br />
$36 per year, per edition to all others.<br />
For mail renewals or change of address, please include<br />
mailing label.<br />
e-mail: tracy@partsandpeople.com<br />
Reproduction of any of the contents of this publication<br />
by any means is prohibited without specific written<br />
permission of the publisher.<br />
Copyright 2011, Automotive Counseling & Publishing<br />
Company, Inc.<br />
All rights reserved.<br />
Publisher’s Statement<br />
Restoring productive wealth, value, and confidence<br />
Small business indexes such as the National Federation of<br />
Independent Businesses (NFIB) report that small business<br />
confidence continues to drop. The NFIB reported that<br />
confidence dropped for the sixth month in a row.<br />
Expectations for real sales growth and general business<br />
conditions were the major contributors to the decline. Coupled<br />
with a continued decline in consumer confidence, as reported<br />
by a recent University of Michigan report, a stagnant to<br />
deteriorating economic environment is increasingly imminent.<br />
The realization that there is no stimulus, public or private,<br />
coming for the revitalization of consumer demand seems to be<br />
settling in. No effective stimulus means fewer customers and<br />
tight cash flow.<br />
Productive wealth and a functioning consumer economy<br />
remain captured in a web of Wall St. theft, counterfeiting,<br />
fraud, prosecutorial non-accountability, drug-moneylaundering,<br />
and malfeasance.<br />
Debt that can never be paid back is not an asset. The holders<br />
of the debt are insolvent. This parasitic, fraudulent wealth<br />
accumulation destroys real value by diluting and corrupting<br />
productive wealth and becomes most predatory toward the<br />
weakest, the old, and the young, while damaging the general<br />
economy, national and local.<br />
As has been written many times in the last three years, until<br />
the crimes of the financial industry, the too-big-to-fail banks,<br />
are prosecuted, there will be no cleansing of the system, no<br />
balancing of the scales, no sustained recovery, no resumption of<br />
sufficient money on Main Street.<br />
Finances require balancing in order to be coherent and<br />
functional. If balance sheets are bogus, based on false or<br />
fraudulent valuations, and a nation’s treasury is needed to<br />
balance the accounts, no amount of austerity, taxation, or<br />
cannibalization of public assets will correct the imbalance.<br />
What other way is there to redress systemic imbalance other<br />
than declaring the parasitical central banks insolvent and<br />
allowing the FDIC to audit and resurrect the system?<br />
As with any parasite, the host becomes convinced it cannot<br />
get on without the parasite. In this case, parasitical debt creates<br />
scarcity, which leads to fear and economic paralysis.<br />
Fraudulent debt, open and unapologetic, results in a collapse<br />
of trust and legitimacy in the economic system on many levels.<br />
If the debts are determined to have been created through fraud,<br />
the debts should be dissolved.<br />
Civil court cases are under way. Criminal court cases should<br />
follow nationally as will international tribunals. Just as the<br />
banks attempt to liquidate or take balance sheet ownership of<br />
properties to which they show no real title ownership, they also<br />
attempt to force repayment of fraudulent debt worldwide.<br />
They deserve more than fines and financial haircuts. Perhaps<br />
their time is up.<br />
Cell phone and texting-related collisions<br />
drive business<br />
Recent reports from the field reveal that the extent to which<br />
cell phone usage and texting while driving is increasing the<br />
number of vehicle collisions is significant.<br />
Major insurance companies are expanding DRP capacity as a<br />
result of the surge in business. What improved rear end lighting<br />
took away from the industry, mobile texting and phone chatting<br />
may give back.<br />
If you have been waiting for acceptance into any DRP<br />
program, check back with the insurance company, they may be<br />
accepting new shops into their programs to keep up with the<br />
increase in demand. n<br />
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Page 4 October 2011 <strong>Parts</strong> & <strong>People</strong> www.partsandpeople.com