Life and Times of Alex Esguerra — Donald Trump

A Look into "A Consequential President: The Legacy of Barack Obama" by Michael D'Anto

Posted by Alexander Esguerra on

A Consequential President: The Legacy of Barack Obama Hardcover – January 3, 2017 by Michael D'Antonio 

A Consequential President   is an indeed generous overview of the Obama administration about Obama's message of change in 2008.
 
Pulitzer Prize winning author MICHAEL D'ANTONIO delivered of Obama as an individualist who prior to 2008 was certainly an unlikely presidential candidate but his change campaign led to his nomination as the 44th President of the United States. D'Antonio hails from the vibrant journalist team at Newsday who happen to also write "The truth About Trump" where he put together years and decades of interviews and coverage of incoming newly elected President Donald J. Trump.
 
Obama's change message gave a sign of "hope" which is similar to the new message of "Making America Great Again" by incoming President Trump. Obama's first signature as President was the Economic Recovery Act in 2008 to save the Auto Industry. The events that followed gave economic stability on the stock market and unemployment's reduction at 5%. Yet came with this were challenges on opposition from the US Congress and controversies such as the question of American citizenship.
 
As Obama winds down his last few days amidst a visit to Capitol Hill yesterday in trying to save his latest signature of the "Affordable Care Act", exchanges between the two major parties as to repealing it or saving this act. It is a true fact that today about 20 million Americans uses the Affordable Care Act which earlier on pave the way to ending the inadequate access of medical treatment by not having medical insurance.
 
This book also touches on Obama's energy policies in cutting cost of generated power from the sun, wind and even fossil fuels. It continues on Obama's efforts on climate change on global warming and nuclear weapons in Iran. D'Antonio not only writes on the major accomplishments of this presidency but also those not heard or much publicized contributing to the legacy of Barack Obama as President.
 
D'Antonio noted Obama the first African American minority president as an inspirational leader who had to function and navigate race relations of being black while delivering the promise of hope and change.
 
As any outgoing presidents in the past, books, memoirs are written  as they leave the office on their life, tribulations and legacy. The past developments on the last few days in office, staying in Washington for a while and the recent Capitol Hill visit yesterday somehow gave speculations of what and how Citizen Obama will be in the coming days and years after his presidency.
 
For now a salute to Michael D'Antonio for writing this great book and till we meet again the 44th President Barack Obama.
 
 

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Barack Obama's Legacy as he winds down his "Yes We Can"

Posted by Alexander Esguerra on

Obama's Legacy: What He Accomplished as President hardcover book was released right after 9/11's historic day on 9/13/2016. Written by Michael I. Days who is an editor of the Philadelphia Daily News. Philadelphia was one of the turn around states on the recent US presidential elections which Obama won in 2008 and again Hillary's magnanimous campaign did not persist seeing high wins of newly elected US President Donald Trump.
Michael Days showed how Obama surpassed the Greatest Recession of Modern Time in 2008. President Obama the first African American in US Presidents is credited as having the biggest lifeline of job growth in all US Presidents, two thirds reduction in the federal budget deficit and how he revitalized the greatest slow and record numbers of the stock market.
As any sitting president, the greatest challenge is the lack of cooperation of the US Congress, a scenario that President Elect Donald Trump has not seen yet. After his inauguration this January 20, 2017 starts his new life as president politician entirely different from the scope of doing business as an business person. 
This book on Obama writes " Through it all, the President who campaigned a slogan of "Yes We Can!" has persevered in his determination to make a difference and left an indelible mark on American politics and the world". Days continued is stating LEGACY is a commemoration of his eight years in the White House.
One of the remarkable things Obama started off after taking office was implementing the auto industry rescue plan that saved almost 1 million jobs in GM and the like. General Motors in turn retrieved it's glory as the premier car company in the globe.  Hence this year, GM reach enormous profits it gave one share of profits to every GM worker with individual checks to a tune of US$11,000. 
Obama also signed the American Jobs and Closing Tax Loopholes Act, closing many of the loopholes that allowed corporations to send jobs overseas and avoidance in paying US taxes by moving money overseas/offshore. This is one particular policy that is going to be scrutinized by the new incoming administration when the new president starts his slogan of "Making America Great Again".  Another on the watch list is the "Patient Protection and Affordable Care Act" where the health sectors inflation had tremendous ceiling drops in 50 years. Nevertheless, Trump and the Republican controlled Congress vowed  this to be repealed.
In August of 2011, the NLRB or National Labor Relations Board issued a final rule under Obama's directive requiring employers to notify employees of their rights under the National Labor Relations Act of Nov. 14, 2011.  The notice states that employees have a right to act together to improve wages and working conditions, to form, to join and assist a union, to bargain collectively with their employer, and to refrain from any of these activities. Examples of unlawful employer and union conduct and instructs employees how to contact the NLRB with questions or complaints.
Thus, the current White House has the historical library of policies and enactments of Obama. It is fair to note that Obama had also repealed some of the policies of then George W. Bush when he took office. So it just justifies the plans for newly elected President Trump that he plans to revisit and repeal some of Obama's policies.
Over the years in business, seeing politicians and or working through inter government projects of an ensuing administration, I can say that politicians always have a signature policy they want to accomplish, be known for, leave history and may or not continue the previous policies of the former administration. But it is also fair to say that every political figure including US Presidents that their main goal is to improve the lives of the citizens they were elected by.
Hence on January 20, 2017 as we watched the traditional setting off of US President Barack Obama, the first black president in US history in Marine One, we can simply say, "Thank you President Obama" till we meet Citizen Obama.

Affordable Books On Line

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Trump's Tax Reform bracket, will it benefit small independent booksellers?

Posted by Alexander Esguerra on

It seems a plan on reducing the tax bracket and income tax to 15%. S Corp's and LLC's seem to be the most benefactor from the said plan. 
Through the years, deductions and the like played a big part during tax time. Though reducing the tax bill and more money coming back to an individual and a business helps, it also benefits those having huge corporate profits as well.
The question and reality lies again on the regulations and business climate to operate a small business operation.  Taxes are just a segment of the long list of needs every small independent businesses lived through each day to exist.
"The National Federation of Independent Business, say 45% of business owners consider regulations a very serious business problem today. That is up from 17% in 2001. "
 
In addition, access to working capital continues to be a major obstacle of a small business owner. This is an area where needed regulations can be futile where the incoming Trump administration can also looked into. 
 
Per the NFIB November report, "Four percent of owners reported that all their borrowing needs were not satisfied, unchanged from October. Thirty percent reported all credit needs met (up 1 point), and 52 percent explicitly said they did not want a loan, down 1 point. Only 2 percent reported that financing was their top business problem. Thirty-one percent of all owners reported borrowing on a regular basis (up 3 points). The average rate paid on short maturity loans rose 40 basis points to 5.6 percent. Overall, loan demand remains historically weak, owners can’t find many good reasons to borrow and invest, even with abundantly cheap money."
 
In such operational structures, liquidity and personal cash flow are the main funding sources for COGS - Cost of Goods Sold, etc., especially in the bookselling industry whom had been over the years continues to automate and slowly update their technology systems.
 
Hopefully the new SBA - Small Business Administration new chief, Linda McMahon and Trump, together, will have the ability to help revive American small business through actual government assistance (SBA loans, training and federal contract opportunities), but also through something that is even more important: building entrepreneurial confidence.- quoted from Fox News.
 
Entrepreneurial confidence and the essence of entrepreneurship were some of the basic principles I focused then at APEC Young Entrepreneurs Association and as APEC Youth Representative on the Young Leaders declaration in 1997.
 
Truly indeed it's back to basics of entrepreneurship access to capital, minimum wage, competitive and profitability structures, and coming together to address policy and regulations affecting each industry.
 
So my take for other fellow small business owners is that although we have our individual struggles, we have to be strong and united when it comes to policies and regulations which may affect us with the new administration. The key is "Vigilance".
 
Alex Esguerra




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The Slogan, "Making America Great Again"

Posted by Alexander Esguerra on

From Wikipedia, the free encyclopedia A "Let's Make America Great Again" pin button from Ronald Reagan's 1980 presidential campaign Donald Trump wearing a Make America Great Again hat in 2016. "Make America Great Again" is a campaign slogan used in American politics that originated with the Ronald Reagan campaign of 1980. Donald Trump subsequently received a U.S. Service Mark.[1]. 
Reading through www.greatagain.gov, the incoming Trump administration focuses heavily on Regulatory reform as cornerstone of the Trump Administration, and the effort will include a temporary moratorium on all new regulation, canceling overarching executive orders and a thorough review to identify and eliminate unnecessary regulations that kill jobs and bloat government.
This reminds me a few years ago about the outsourcing of jobs during the Bush administration like call centers being routed to third world countries. As everything nowadays talks about the then Billionaire Mr. Trump cons and pros which might either make America great or worse we don't really know. 
What we do know that each person has their own style and business entrepreneurship ideas might be an essential tool on regulatory analysis of the impediments to job creation. The only difference having seen both sides of regulation and moratorium that not all the greatest entrepreneurial approaches to the global mighty economist might work. 
Why? It's simply because running a business is entirely much easier to control and manage the outcomes that political governance where even the greatest strategist cannot really conclude if the strategy will work 100%. Thus, back in the days when there was was an enormous doors being open for me from the business socio-civic endeavours to moved to the political arena, I made the decision to simply stay as a private citizen engaged in community and public service. 
There were the economist, the entrepreneur moguls in developing countries whom became president that history writes were thought to have done great strides yet who had the same balance of governance failures. Of course, the main difference in politics there's always the pointing game rather than if your a small business owner, then you and yourself is the only one to blame. Quoting from www.greatagain.gov " The regulatory bureaucracy is enormous and its impact on our economy, communities and individual Americans from coast to coast is even larger". With such underlying statement, can we really gauge outcomes on the first 100 days? It validates the complexity of governance yet the incoming administration talks about sensible regulations. 
When Barack Obama took the baton in 2008, it talks about the greatest recession in ages where stimulus had to be infused to the economy dealing with the stock market chaos, the auto industry, etc.., Yet as I've heard people from the midwest talking about why they needed a change for steel, plant workers and or the middle class which is why Pres. Donald Trump won in big numbers on these states. Looking at this arguments, brings my historical picture of what politics is about anywhere in the world. The bottom line as I've noted over and over through the years, what is there for "Mainstream America"? 
 It's too early to pre-judged yet it's not too early to constantly watch the next steps and react in proper decorum. Civil rights, equality, and respect will be a good trend gauging arena as after all these were all the rhetoric focus on this election.

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