Hey Wall Street

“Hi there rich man….Let me give you $700 million! What do you think of that? ….You like that…okay, well remember we want you to save America with this money, okay? Now do not go spend it all in one place. Alright? Okay, here you go…..”

“What is that? You lost it all in one day? WHAT? I told you to SAVE America. Our country is in dire straits right now! And you gambled all that money away in one day….what is that, I have to pay the Congress back? What? Wait, I am giving you all this money and you threw it in investments with risk? haven’t you heard of investments that save and earn in the long run?”

“Gee! How fast can you gamble away $700 M? It would take me longer to spend it and while I would be spending and bettering the economy, the richer than I sandbagers in the Wall Street are having a day, watching my money go to waste. Yippee!”

“What’s that? I owe Washington more taxes…you mean the that $700 M, that I personally never saw, the money I gave the rich stock holder and investors….is gone and now you are asking me the middle class and poorer to repay their lost investment….you are saying that they (the rich) could have saved America, but didn’t and now I (the poor) have a responsibility to pay the other rich portion of America (Congress)? What is up with that?

I should have neve trusted those guys in the first place!”

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alright rest of my life will be all about the taxation baby! thank you Congress! Here is your paycheck.

Alright! Here comes a life of paying rich old white males! (insert sarcasm!)

I just love taxation.

And I hate the band aide bill that just past today. $700M of my money. I will never get out of debt cause I have to pay for America’s debt first hallelujah.

Honestly the bill is not going to fix anything, in fact it has potential to make things worse! we are giving over $700M to Wall Street to rich investors….

A. this is not helping anyone
B. It is not helping the local everyday economy, you and me
C. It is not addressing serious issues, the root of our real problems – housing, credit debt
D. It is not even a really good bill
E. It does not solve a problem, just temporary deals with symptoms
sure it looks great on paper but in real life it is not going to do anything except change how much money you give the sandbagging scum bags in Washington every year

Finally and here is the kicker….
guess why it was passed toda and NOT on Monday, MORE PORK

the bill this time has EVEN MORE $150 M of pork for those greeds in the House………

here is to a life of taxation baby!

the tithe today

Recently I read a theory that the tithe is a Old Testament law that is not required. McConnilve says that it is not necessary for Christians to give ten percent of their earnings as specified in the Old Testament. According to his theory, it is completely up to the individual on the issue of giving money or not and how much money they should give.

I have heard opposite theories where Christians are required to give 10% at the least and the more they give the more they are blessed. And they relate to the story of J. C. Penny. when Penny opened his first story he started giving 10% to his church. And as he began making money he continued to give more and more money to his church, eventually he gave God 90% and he was living off 10% and as the story goes J.C. Penny was blessed and today, his stores are still profiting as a corporation.

Whether you think that the tithe law is is absolute or obsolete, I think we can agree:

The old covenant required 10 percent. The new covenant does not specify a percentage, and since we do not have a clear command from Scripture, we cannot press a command for a precise percentage. However, the new covenant admonishes people to give what they can, and tithing still provides an instructive comparison.
And God will bless you for completing your duty to give back what is his to Him.

The real problem…

Overvalued housing around the USA.
Think about it, foreclosures, devaluing economy…

There is not any “bail out” plan that is going to solve anything. (Besides like I said in the previous post the bail out plan was a temporary fix that had absolutely nothing to do with the real issues and was NOT going to help the real sufferers, homeowners.)

What is the real issue? What will fix the problem? What is the foundational issues?

Over valued homes. Right now homes are over valued by 50% and greater in some areas.
Te problem was not that people could not afford the over priced homes, or at least not originally…you will see how overpriced housing affects everything else!

People were then getting loans to buy these really nice but over valued homes….

These loans were more debt.

So what is next?

2 things:
1. time. Just relax. It is inevitable, people are going to lose some money and it is not going to be pretty. Over time in the long haul we will be back to normal.
2. but first we must see the housing market change and adjust. Not too long ago, the housing market was the place to be! Homes that could have been built for $100K were being valued for $!M and more! The market was a boom and everyone and their brother was getting on board, greed cycled. Rich people at first were buying these nice homes. And eventually Mr. and Mrs. Jones were buying over valued homes, because even the cheaper homes that would have cost $10K to build were being marked up for $100K. Greed is a vicious cycle. Keeping up with the Joneses, anyone who was not selling homes (or winning the lottery) was taking out loans to afford thier homes.

More debt.

The real problem is not in Wall Street, but on Main Street. Banks closed (and sold to either Chase or Citi) and foreclosures were everywhere!!!!

Now Wall Street is seeing a tiny bit of what Main Street is feeling. Wall Street complains about this despite America’s strong economy and still strong when you look at us on a “bad day” compared to the entire world.

Forget about Wall Street, start dealing with the real issues of over priced homes on Main Street. Give it time and dont worry too much. But DO NOT support bail out plans that only benifit Wall Street and politicians. Tell your politicians that you want a plan that benifits homeowners, not their own pocket books.

Bailout not wise….

If you have seen my recent statuses (or stati?) and posted items on Facebook, you are well aware of where I stand in light of this bailout plan.
I am agianst it. I think it is not wise. It is a fast “solution” to a problem that has develpoed over a long period of time, almost a decade.
First off, give me one good example of a time when a decade of decay was completely resolved and fixed in one week’s time. This is not possible. I fear that after this “bail out,” Congress will go back to their old ways. The will sign this bill and mark it off their TTD list. They will go back to continue spending money they don’t have. Continue adding more tax money to their salary.
Second off, why are we putting so much hope in Congress!? They are the ones who put us in the hole and now we are asking them to solve the problem? NO. That is stupid! They have motives for their own benefit, they obviously are not representing us the people. If they were really representing us, we would not have been in the hole the first place! We need to elect people who have our agenda, force Congress to think through a solution that will actually work and give them TIME to do it, or allow a third party group to clean up the Congress.
Thirdly, I want to address the bailout plan…
Section A. It is a temporary fix. It is only addressing the smptoms of a bad economy and is not actually dealing with the fundamental economic issues that are really at hand and the root of all our problems.
Section B. The bail out, it more of a benifit to Wall Street and NOT a benifit to home owners. Agian, Congress have their own motives. They look good for “fixing” something from a national perspective, but really the members of their individual respective states are suffering. The home owners are still losing. Debt and finaincial crisis is still there and it is not going away.
Section C. Look at their soluion….they want more of our tax money. They are not sacrificing anything. They are getting more pork. They are still very secure as Congressmen. They are porking it up….porking up our tax money to fix a problem they created! I hate this!
Fourthly, I hate this becuase my generation is left victim. I am going to be paying for the mistakes of these white head old men long after tehy are dead and gone. Their solution demands my sacrifice but not thiers. They will rot and die and I will still be giving them money.
My generation, I pray learns to be NOTHING like these stupid selfish sandbagging greeds in the White House. This actually is a great oppurtunity for the younger, smarter generation of political leaders to step up and do the right thing, to represent the common folks and save America and its debt. But it also will be the hardest thing my generation has ever done. It will be a challenge and there will be the tempation for them to fall into the same mistakes and fall into the same pockets of greed and debt. But I have a high hopes for my generation. (for now.)

Brand yourself…

…have we taken competition too far in America?

A lot of advice I have heard recently upon graduating from Ohio University is that we all need to specialize in our own little categories. In other words if we are going to be successful we have to be an expert in something that is unique and no one else is an expert on that category except us.

It is no longer about having the best product, that is a given, but it is not enough. In order to become great in today’s market, today’s America/today’s workplace, you have to have something new, fresh, special. Something awesome that no one else has. You have to be different and unique.

In my opinion this is not great news to hear….

We have become so competitive and so customer oriented that we are unbalanced as a nation, I am only speculating….but speculate here with me. With so much stock and hope in branding yourself to be unique and specialized, we are forgetting about tried and try important values and jobs that have made America so successful in the past.

Sure everyone wants to be happy with their job. But job security is probably a little more important than getting that dream job! Think about it. America’s unemployment recently has been increasing. People are losing jobs right and left. We do not have time to create this cool, fictional job, that is perfect for you – when we are all suffering in this drained economy.

And besides thing about the effects if everyone had their own specialized company, everyone was their own brand….There would be way too many choices for customers. I know customers typically like choice, but then think about Walmart. Customers also like having it all in ONE place, convenience…

So which is it? I do not know. I have a lot of unconnected thought here. It is not fully developed. It is random, I am sorry.

Interesting facts about gas



According to Businessweek…


1. There Is No Shortage

Gasoline reserves on hand are at the highest levels since the early 1990s…

2. Demand Is DOWN, Yet Prices Are UP

3. Speculation is Up, and the Dollar Is Down

Exxon is a top earning company….why can’t they lower their income a bit in order to help everyone out and lower gas? The answer is not really about Exxon or even the Sadie Arabians. It is about the way Americans buy and sell oil…it is dumb. I do not have time to go into that today in this post.

People are confused about this issue: It is not OPEC and it is not Exxon, it is really the US Oil Market:

In today’s complex global markets, the price of crude oil is set by movements on the three major international petroleum exchanges, all of which have their own Web sites featuring information about oil prices. They are the New York Mercantile Exchange (NYMEX, http://www.nymex.com), the International Petroleum Exchange in London (IPE, http://www.ipe.uk.com) and the Singapore International Monetary Exchange (SIMEX, http://www.simex.com.sg).”

http://www.wtrg.com/prices.htm

http://news.bbc.co.uk/2/hi/business/3708951.stm
http://www.opec.org/library/FAQs/aboutOPEC/q20.htm