But, if you want to lose and fail, you can make the following errors and not learn from my past mistakes:*

Monetization Mistake #1 – Do it just like everyone else does it.

Sure, I know. You look at a blog like News Notion or the dozens of other successful blogs about creating a money making blog and you think, “I can do it just like that”; Go ahead, but if you copy my blog or someone else’s why should anyone go to your blog? The answer is that they probably won’t, instead they will come to mine or another. You have to stand out from the crowd, be different, and most importantly, be yourself.

What is it about this site that is different than the other make money online blogs? Well, I tell you that I want you to click on my links. I tell you how I will make money. And then I tell you about the money I make. I’m not trying to trick you. I’m not trying to make you one of those suckers born every minute like a lot of the other blogs. I’ll tell you “Click on this and sign up for it through me and I will get this out of it. You will get this out of it.” Not “Here is a special limited offer course or talk or b.s. ebook for $200.”

What makes you different?

You can write about the same thing as the next blog, but you need to add your own views to make it unique. Don’t just copy and paste what another blog posted. Give your opinion because that’s what blogging is all about. The most unique thing about your blog is you.

Monetization Mistake #2– Lack of fresh content

You’ve seen it. So have I. Somebody sets up a new blog and is all excited about it. We see a ton of posts for the first couple of days, maybe even a few months, and then the number of posts starts to go down until the blog is hardly updated at all. Nothing kills a blog faster than lack of new content. If you are going to blog, then pick a posting frequency and stick to it. Whether it’s 80 post per week or 1 post per day, keep your blog updated. A non-updated blog is not a money making blog.

Monetization Mistake #3 – Give me money. Money. I want money. Money. Cash. Moola.

If you’re blogging only for money, then you will not make any money. JayPee’s Rule of Monetization #673 says “Yes, you can make good money with a blog, but it takes a lot more than “no effort.” 99% of blogs on the Web cannot make more than $100″

Find something that brings you joy to blog about without money and make money. You should be able to say, “Even if I made no money, I would still blog”

Monetization Mistake #4 – Be a robot

If C3P0 kept a blog, it wouldn’t make any money. Robots are boring, people are not. You’re a person, right?

Monetization Mistake #5 – No blogger is an Island

You had better be willing to reach out to other bloggers and to be a part of the blogging co,,unity if you want to make money online with your money making blog or cash website. Your money funnel will catch nothing unless you are willing to put it in the community of bloggers. The best way to get your blog noticed is by saying hi to other blogs in your niche. The easiest way to do that is to comment on their blogs. I check the comments on my blog all the time and I visit the commentator’s site. I discovered many great blogs this way. Other ways of reaching out to other bloggers includes linking to them, sending trackbacks and adding yourself to their MyBlogLog community. If you’re really creative and have a bit of money to spend, you can even try sending a Google IM.

Monetization Mistake #6 – SEO writing

Let’s face it. The spiders don’t know a good blog from a bad one. You make money from people not search engines, though you need both to really succeed. Write your blog for people and of course, don’t be shy about using good SEO techniaues while you do it. To make money from your blog or to create a website to make money with (see?) you need to have a site that is readable by spiders and people both.

~Jaypee

Unemployment benefits extension
By year-end, an estimated 1.3 million jobless workers will have run out of unemployment benefits, according to the National Employment Law Project.

It’s expected that lawmakers won’t let that happen.

The House has already approved an extension and the Senate has amended it but not yet voted on it. Both parties say they want to extend benefits but they disagree over how to pay for it and how to handle amendments to the bill.

In the Senate proposal, unemployment benefits would be extended by up to 14 weeks in every state and then another six weeks on top of that in states where the unemployment rate tops 8.5%.

Currently, states with unemployment rates topping 8% now offer up to 79 weeks of unemployment benefits, said Chad Stone, chief economist of the liberal Center for Budget and Policy Priorities. States with unemployment rates between 6% and 8% now offer up to 59 weeks. And all other states currently offer up to 46 weeks.

Estimated cost: $2.4 billion. But Senate Democrats say the proposal would be paid for in full by extending an add-on tax for employers under the Federal Unemployment Tax Act.

For the past 32 years, employers were required to pay an additional 0.2% on the first $7,000 of a worker’s annual wages on top of the 0.6% they normally pay, said George Wentworth, a policy analyst for NELP. That surtax was supposed to expire this year. But lawmakers would extend it through June 30, 2011, to pay for the benefits extension.

If they do, the Congressional Budget Office estimates such a move could reduce the deficit by $200 million over 10 years.

Cobra premium subsidy extension
The White House supports extending the federal subsidy now offered to unemployed workers who opt to continue their health insurance coverage from their former employers.

Under the original provision passed under the economic recovery act, Uncle Sam agreed to pick up 65% of the cost of the Cobra premium for up to nine months for workers laid off between Sept. 1, 2008, and Dec. 31, 2009.

That 65% comes close to replicating the share of the premium typically paid for by employers when a worker signs up for coverage.

To date, a Cobra extension has not been attached to any proposed legislation.

Estimated cost: The original provision was estimated by the CBO to cost roughly $25 billion. Absent the exact parameters for an extension, however, it’s too early to tell how much the provision would cost.

There will likely be a cost to employers as well. The publication Business Insurance reported recently that companies typically pay out $1.50 in claims for every $1 collected in Cobra premiums.

Emergency payment to seniors
To compensate for the fact that there will be no cost-of-living adjustment made to Social Security benefits in 2010 due to a lack of inflation, President Obama has proposed sending a $250 economic relief payment to seniors, veterans and the disabled next year. It would be identical to the $250 emergency payment sent out earlier this year under the economic recovery law.

Democratic leaders in the House and Senate have voiced their support for such a payment.

But others don’t think it’s a good idea. The Committee for a Responsible Federal Budget notes that the cost-of-living adjustment for 2009 was much higher than average — 5.8% — due to record energy prices. So “even holding Social Security benefits steady means they will have increased in value. There is no economic or moral justification for increasing them further,” said CRFB president Maya MacGuineas in a statement.

To date, a proposed emergency payment to seniors has not been attached to any legislation.

Estimated cost: The measure would cost $13 billion, according to White House estimates.

Homebuyer tax credit expansion
An estimated 1.4 million tax filers to date have taken advantage of a temporary first-time homebuyer tax credit aimed primarily at people making less than $75,000 ($150,000 for joint filers). An estimated 15% of them bought their home specifically because of the tax break.

The latest iteration of that credit is worth $8,000, and it’s scheduled to expire on Nov. 30.

Many lawmakers want to extend that deadline, expand eligibility beyond first-time homebuyers and include those who make more than is allowed under the current rules.

Sen. Johnny Isakson, R-Ga., and Sen. Chris Dodd, D-Conn., co-sponsored an amendment to the unemployment extension bill that would extend the credit until the end of June 2010 and be available to single filers making up to $150,000 and joint filers making up to $300,000.

The amendment may or may not remain attached to the unemployment bill — which has been stalled due to political skirmishes between Democrats and Republicans. But Congress Daily reports that senators and aides “said both [measures] appear likely to clear the chamber in some form this fall.”

It’s still not clear where the White House stands. At a Senate Banking hearing on Tuesday, Housing Secretary Shaun Donovan said “within a few weeks we’ll have sufficient data to get to a conclusion on this.”

Estimated cost: The Isakson-Dodd bill is estimated to cost $16.7 billion. Isakson said at the Senate Banking hearing that he’d be happy to look for ways to pay for it and Dodd concurred. Typically, if a measure is considered stimulus it is not something that lawmakers feel obligated to pay for by either reducing spending or raising revenue in other areas.

Jobs credit creation
Although no formal proposal has been made, there has been some talk of creating an employer tax credit for hiring new workers.

The idea is to spur job creation and to do so in the face of forecasts for a 10% unemployment rate in 2010.

But it’s hard to do that without rewarding companies that were already planning to hire anyway, said Clint Stretch, managing principal for tax policy at Deloitte Tax.

Consider two competitors who dealt with the downturn differently, Stretch said. One made deep cuts to its workforce and is ready to ramp up again, while the other cut costs but managed to do so without laying off too many people. In this instance, the first company benefits far more from the credit than its competitor.

A hiring credit was put in place during the Carter administration and the consensus among researchers is that two-thirds of the 2.1 million jobs created by the credit would have been created without it, according to a post on Tax Vox, a blog of the Tax Policy Center edited by Howard Gleckman.

“Tim Bartik [of the W.E. Upjohn Institute for Employment Research] and John Bishop [of Cornell University] … argue it nonetheless created 700,000 new jobs in a year – not bad, even if a lot of money was wasted. Others insist the research they used is flawed,” Gleckman noted.

Estimated cost: Bartik and Bishop estimate that a job creation tax credit that refunds to employers 15% of new wage costs in 2010 and 10% in 2011 could create 5.1 million jobs at a cost of $27 billion, or $5,400 per new job created.

~Jaypee

The stock market’s summer party may be over, according to a NYT story saying that some analysts are predicting a “sharp pullback” in stocks. Shares are up more than 15 percent since mid-July, part a prolonged rally following the market’s historic slump this winter, but September is a notoriously bad month for Wall Street, and now the smart money may be voting with its feet. “The people who know are getting out early,” Art Cashin, the director of floor operations at UBS, tells the NYT. “This rally’s a little long in the tooth.”

~Jaypee

You can take your waves, percentages, algorithms, quants and quarks and throw them directly into the basket. The time for lines and squiggles are behind us. The common shares of the US dollar are and have been in a long term downtrend. That downtrend is 81 days from implosion. The selling of the US dollar and US dollar instruments is increasing in international markets, making it ever more difficult to manipulate the popular US dollar index, the USDX.

COT has cooked its own goose.

China holds in its hands the future of the category, “Foreign Purchasers of US bonds.”

China wishes the annihilation of the Fed policy of “Quantitative Easing.”

The Fed wishes to accommodate China.

The US Treasury is absolutely opposed to any such consideration as it would cement the present Administration into a one term wonder.

The US Treasury must win this battle because the boss of this opposition has the power to appoint the new Chairman of the Fed, either Summers or Geithner.

China as spokesman for the BRICs has publicly stated their desire for the institutions of a Super Sovereign Currency. This is not an intended as an immediate substitute for the dollar as a reserve currency but rather an alternative in new commitments.

It is my understanding that the BRIC countries, not China alone, have given the US until early November to deliver.

As a result of the above I see 81 days left for the US dollar.

The gold price has but one criteria and that is the US dollar. Armstrong and Alf are correct on the levels awaiting the gold price.

I know $1224 and $1650 are certain.

]]> http://www.fukn.us/2009/09/dollar-is-going-to-plummet-in-november/feed/ 0 http://www.fukn.us/2009/08/jaypee-on-cash-for-clunkers/ http://www.fukn.us/2009/08/jaypee-on-cash-for-clunkers/#comments Fri, 28 Aug 2009 15:09:40 +0000 JP http://jaypeemorgan.com/?p=102 Continue reading →]]> I’ve been giving this a little thought and I’m kicking myself for not taking advantage of the Cash for Clunkers program while it was still going. No, it’s not that I’m driving around in a clunker, far from that. What I should have done is made a ton of money from it. I know a Ford dealership that used this program to make millions in just a few weeks.

Here’s what they did:

1) They bought up a huge inventory of now reduced price SUVs and gas guzzlers
2) They hung up a cash for clunkers sign without signing up for the program
3) They gave people that flocked in slightly less than their cars were worth in trade in
4) They sold them the reduced price SUVs for full price
5) They detailed all the clunkers that were brought in and began to sell them for full price to more suckers who brought in their clunkers
6) In the meantime, any clunkers they were able to get cheap were parlayed into a real cash for clunkers program and those that couldn’t be were sold for profit as previously owned vehicles

Profit every step of the way and all based on misleading hype put out by the Federal government. Damn, I’m really kicking myself for not seeing that a 200-million more suckers had just been born.

Have a great weekend!

~Jaypee

]]> http://www.fukn.us/2009/08/jaypee-on-cash-for-clunkers/feed/ 0 http://www.fukn.us/2009/08/out-of-the-frying-pan-the-unemployed/ http://www.fukn.us/2009/08/out-of-the-frying-pan-the-unemployed/#comments Fri, 21 Aug 2009 16:13:04 +0000 JP http://jaypeemorgan.com/?p=87 Continue reading →]]>
Well, as I sat this morning enjoying a nice Cuban and smoking a cigar, the girl looked up at me and told me that she was worried about unemployment. I tried to reassure her that there will always be work for girls with her ‘ahem’ talents. But she said she was more concerned for her brothers in Florida and pointed out this article in the morning paper:

The number of U.S. workers filing new claims for jobless benefits unexpectedly rose last week, a government report showed on Thursday, fanning worries of an anemic recovery from the worst recession in 70 years.

Initial claims for state unemployment insurance benefits rose 15,000 to a seasonally adjusted 576,000 in the week ended August 15 from 561,000 the prior week, the Labor Department said. Analysts polled by Reuters had forecast new claims slipping to 550,000 last week from a previously reported 558,000.

I suggested that she send her brothers back to Cuba since it is now easier than ever to send money there from the U.S. and since the $300 per hour she earns would more than cover the costs of supporting her family there. Hell, she could support a whole village.

But in any event, it looks like our advice wasn’t as bad as we hoped and the recession is seriously starting to re-assert itself. We are actually expecting double dipping in the September to December period with new lows emerging from the Dow Jones sometime near January. So, in short, we are selling. You should probably buy now since stocks are unlikely to get this high for some time to come, like say, 2015. We will buy things back from you in January when the panic hits full force again.

Of course, this is no secret to my buddies in the world of high finance. We’re all getting ready to let you lose as much as possible.

The decision by Calpers, the country’s largest public pension fund by assets, to walk from its investment in the Koin Center, one of Oregon’s tallest buildings at about 509 feet, nicknamed the “mechanical pencil” for its signature shape, also shows that leasing problems are cropping up in even the country’s healthier markets.

Large pension funds like Calpers typically have reserves or other means of handling underperforming properties during difficult periods, said Michael Holzgang, senior vice president of corporate services for Colliers in Portland.

“Calpers is the gold standard, and it’s surprising that their backup plan is to walk away,” Mr. Holzgang said. “It’s further indication that the impairment of commercial-property values is very real.”

While still hedging our own bets. But that doesn’t mean everyone is making the right decision.

Aware that people are suffering in the economic crisis, 20 former pickpockets have turned over a new leaf and are now trawling London’s tourist sites slipping money back into unsuspecting pockets.

Anything from 5 pounds ($8) to 20 pound notes is being surreptitiously deposited in unguarded pockets or open handbags in Trafalgar Square, Covent Garden and other busy spots.

The initiative, which runs until the end of August in London before being rolled out countrywide, is being funded by a broadbrand provider, which says it wants to brighten up people’s lives in unusual ways.

“It feels good to give something back for a change — and Britons certainly need it in the current economic climate,” said Chris Fitch, a former pickpocket who now heads TalkTalk’s putpocketing initiative.

“Every time I put money back in someone’s pocket, I feel less guilty about the fact I spent many years taking it out.”

Now, I’m going to head out for a walk in Regent’s Park….

]]> http://www.fukn.us/2009/08/out-of-the-frying-pan-the-unemployed/feed/ 0 http://www.fukn.us/2009/08/winning-through-unemployment/ http://www.fukn.us/2009/08/winning-through-unemployment/#comments Wed, 05 Aug 2009 19:12:43 +0000 JP http://jaypeemorgan.com/?p=33 Continue reading →]]> First of all, for those of you who aren’t keeping up, here is the master list of unemployment:

http://www.jobacle.com/blog/2009/2/3/master-list-of-unemployment-and-layoff-sites.html

If you are actually looking for a job instead of enjoying the time off, we like this site:

http://career.alltop.com/

And by the way, don’t expect consumers to save the economy, consumers only consume, they don’t build.

Nationwide, shoppers opened their wallets wider in May and in June, increasing their spending for two straight months — but the uptick doesn’t appear to be happening in California’s Central Valley.

Merchants in Fresno say they don’t see an increase in sales, and shoppers say they’re still jittery about spending.

In a report Tuesday, the Commerce Department estimated American consumers spent about 0.4 percent more for goods and services in June than they did in May. And May’s total was 0.1 percent higher than in April.

Since consumer spending accounts for about 70 percent of total economic activity, it has helped lift the economy out of previous recessions. But four-tenths of a percent is hardly a surge.

While analysts expect the American economy to grow in the second half of this year, they say consumers aren’t likely to lead the way because unemployment is rising and personal income is falling.

Personally, if you need to get some cash, we like the way this guy did it:

From 1975 to 1986, Anthony Edward Dokoupil distributed at least 50 tons of Colombian and Mexican grass north of the Mason-Dixon line. He started small, with suitcases and a rental car that he would drive up from Florida. As he cultivated his Latin American connections, he graduated to his own Buick with a trunk the size of a Jacuzzi and specially equipped air shocks that kept the car riding high despite a several-hundred-pound cargo of “Dade County pine.” Later my dad bought a hardtop Chevy pickup with a three-quarter-ton capacity, and hired three others to drive convoy-style up I-95, or what he called the “Reefer Express.” By the early 1980s, he and a partner were ferrying weed around New York in garbage trucks and a refrigerated rig marked mario’s fish. At his peak in 1986, my father led a team that smuggled some 17 tons of Colombian pot on sailboats from the Caribbean—enough to get every college kid in America stoned. He says he raked in around $2.5 million altogether—or $6 million in today’s money. As Jimmy Buffett sang at the time, “I made enough money to buy Miami, but I pissed it away so fast.” My father liked the tune; unfortunately for my mother and me, he lived it, too.

Full story at Newsweek.com

]]> http://www.fukn.us/2009/08/winning-through-unemployment/feed/ 0 http://www.fukn.us/2009/07/the-recession-is-over/ http://www.fukn.us/2009/07/the-recession-is-over/#comments Mon, 27 Jul 2009 19:08:15 +0000 JP http://jaypeemorgan.com/?p=25 Continue reading →]]> Long live the depression! We feel that this sort of rally cry is similar to the The King is Dead, Long live the King!

While we certainly don’t give the most trusted financial advice, certainly we don’t see sunshine while wearing a blindfold. The recession is over? Tell that to most of Europe with unemployment hovering near the 20% mark. Or to Ohio and Michigan and California where unemployment continues to rise. Tell it to the people who are driving on unsafe bridges because money that should have been spent on infrastructure was instead spent on an economic stimulus.

Yes, many cars sold in the last quarter. Mainly because of stimulus money used to create a ‘cash for clunkers’ program that encouraged people to sell their gas guzzlers for more than they were worth and buy new cars without very much increased fuel efficiency. We can tell you one thing for sure, it wasn’t poor families trading in welfare wagons for new Prius’. No it was the same rich investment bankers and real estate tycoons playing the same game.

Use the economic woes of the lower classes to suck up more of the wealth through government spending. The stock market is up, but the average Joe in the U.S. is still out of work, still worried about losing their house, and still f-u-c-k-e-d.

The stimulus checks came in June. The cash for clunkers program went through it’s cash in record time. Banks are loaning again, but only to those who don’t really need loans. Inflation is coming in the winter. Not to mention the looming threat of Swine Flu that sits ready to emerge in the fall. The CDC said yesterday they are not prepared.

Consumption data show continued shock for consumers, and first-quarter estimates of the economy were revised downward. The economy shrank by a 6.4 percent annualized rate in the first three months of this year, not the 5.5 percent that initially was estimated, the Commerce Department said.

Oh, yeah, they forgot to tell us things were actually worse than they said until they are telling us that things are better than they really are. Coincidence? I think not.

Put your head in the sand and give us more of your money. It’s all smoke and mirrors and there isn’t anything anyone can do about it anyway. But watch as Chevron, Goldman Sachs, and the rest of the big companies continue to suck the lifeblood from the U.S. and the World economy and then head to the next prosperous looking place.

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