Congress leasing costly cars at taxpayer expense

2 spend or not 2 spend

Point of order:

A] Almost 600$ in sales Thursday – me likes.

B] Got a call from a former woman (would link her blog but that would be foul-lol), she don’t call unless she wants something. Aint talked to her in a while. She asked me to pay for her tuition (gumption) – I said no. Couldn’t figure out why she would ask me instead of the one she is talking to and desires. Guess prior post was prophetic – go figure.

C] Not sleepy, so made a rib eye and fried 3 eggs at 145am. – Yummy. And don’t forget 5 pieces of bread.

D] Babz blessed the shop, and started taking pictures like the blogger she is LMBAO. She partook in vino.

Was gonna have another thought amnesty today since a many folk say i'm deep or that I think to much, or that I just plane ole hate when I go on my thought crime spree’s. I was either gonna put up the speaking Memphisian #2 or Riddle me this #3. But I decided against such. As you read under point of order A, I have a penchant for paying myself. Now that said, I am reminded of how I have been taught what money was, how to use it and more importantly How to save it. Now I have not nor did I have a desire to watch the talking heads CNN producers aggregated for rating purpose, talk out the side of their necks about what I suspect many already know and experience. Not to mention the folks likely didn’t represent me nor my beliefs and that if it is on TV, it will eventually, like in math, be reduced to the least common dominator of Entertainment.

Now of all folk, I know it’s hard for the average person in America. I know that the value of the dollar aint like it used to be. I know that many of us struggle just to keep a roof over our heads – I know I do. But what I don’t understand is how and why folks say it is hard and even difficult to save.

I mean it seems we have loot for what we want, but not what we need. Sure like I said it is hard, but not that hard. I figure that if a person goes out to a club or bar (which is cool) they will spend somewhere between 20 to $30 on the low end. That’s reasonable. But if we do it twice a week or four times a month, that’s about $2080 to $3120 a year in the first example and $960 tom $1440 a year in the second. Believe it or not that is a lot of loot if such habits persist for 3, 5, 7 years – for which many of us do.

Sure you are or may say it is easy for me to talk, I got a PhD. True I do, but even before then I saved my money. Yea I invest, which think a lot more folk should do, and I see the volatility in the stock market, but I did so since high school and my family didn’t teach me that. I aint never need a flashy car or nothing and I have never had a desire to go to a club and covet the VIP section nor make it rain on a stripper. If I did have the urge to make it rain, it would likily be on a homeless person or in homeless shelter.

Then we add to the problem, for we don’t even recognize how our loot is degraded in meaning. We can go to a club and be made to pay valet parking, and pay $20 to get in when on the regular or for lack of a better descriptor – on white night, one can park they car and walk in free. We don’t even complain, we just stand in line and pay. And don’t let it be a party where some rapper or professional athlete gone be claimed to attend, then we just plum loose our fucking minds

I guess what I am saying is that its cool to enjoy life and make money, but it is not as hard as you think to save it. For although my folk aint invest or teach me how to, they did teach me how to save and that money was to make money and not to spend. Are we the only ones in capitalistic America that cant grasp this concept?

jobless recovery

Dire times are confronting the average US family and citizen. This is mainly due to the constant instability in the US labor market. The labor market in America has been on a downward swing since the early 90s. However, it has exacerbated under the misleadership of the Current Administration. The evidence has been accumulating consistently since 2002. The U.S. unemployment rate has been constantly growing under the Bush watch and many economists are very concerned about how the economy is rapidly improving as the labor market is continuing to get worse. This is what many as a jobless recovery have called.

A jobless recovery means that the overall productivity of the current labor pool is increasing in an atmosphere where no new jobs are being created. The truth of the matter is that jobs are being depleted rapidly on the U.S. front. This means that we are seeing dramatic economic gains for big corporation while they are not increasing their spending on new employees and payroll spending.
No one can predict when US business will start hiring again in America. All new jobs as of late have been in countries that we have already developed a trade imbalance. Bush is a large part of this because since he started his watch, nearly.4 million Americans have lost their jobs. Right now, the unemployment rate is the highest it has been in about a decade. So much for the so-called tax relief he signed that was opposed to create a million more new jobs. I was told that the recession officially ended in November 2001, but all I see are more jobs leaving and more people out of work.

The underlying problem is that growth has remained sub par for an unusually long time. So don’t believe it when you hear politicians say that economic perspective for America is going to help create or maintain jobs. The President has brought most of this on the American public. Although under his tax plan, the average American family of four will be able to keep at least $1,600 more of their own money annually, it really just benefits the wealthy. His tax plan thus far has managed to increase the upside of the economy but the question is at whose expense? The central problem for me is the elimination of dividend taxes. Although I do own stocks, bonds and securities, the plan would in essence increases investors' returns, which mean that stocks can be in a better position to carry higher valuations. In addition these higher valuations will come at the expense of American citizens. Already we see a rise in the federal deficit, and pundits estimate that it will be more than $500 billion by the end of the year. Couple this with the number of American companies, federal and state governments who are exporting jobs abroad, America’s future seems extremely bleak from an economic perspective.

Companies the likes of American Express, Levi’s, Earth link, Kodak, and Verizon are elimination more jobs at home and relocating to the cheaper labor havens of South America and Asia. So I just say it may be a good time in America, maybe some of our folk will decide to start a business as opposed to look for a job.