Showing posts with label economy. Show all posts
Showing posts with label economy. Show all posts

Friday, May 3, 2024

Of Course, I just Bought 3K Worth of Silver...

 ....from SD Bullion, delivered yesterday, and today they sent me an email about how the price of silver just dropped. So I guess in my case that would mean a few days early and a bunch of dollars short!
 
Now wait a cotton pickin' minute, I just checked the prices on Canadian Maple Leaf BU coins, my recent purchase was 100 of them at $30.18 per coin shipped and the price today is $30.24 so I have to wonder what they mean by the price of silver just dropped. I wonder because it most certainly is higher than it was on April 24th when I placed my order. Either they are spouting bunkum (read the "Did you know?" section on that page) or their price went up in after April 24th and before now; then again dropped down from whatever it went up to in between those dates.
 
Regardless, they had the best price, that I found on silver BU Maple Leaf coins when I placed my order. Right now, I am thinking SD Bullion & APMEX will be my go to companies whenever I purchase bullion coins. I think right now, at spot prices, I have about $8,700.00 in silver and about $8,100.00 in gold. I am slowly building up hat I have and hope to get it up to at least $30,000.00 to $50,000.00 before the U.S. economy collapses as there is no doubt in my mind that will be happening within the next ten years at most and then my cash will become useless and my government pension will disappear. That is unless someone knows how to perform actual economic miracles far above the powers & abilities of mortal men. I am sorely tempted to give a big immediate boost to my bullion stock by buying another 20 or 30Ks worth right now but I am afraid that the bullion prices will drop markedly if Trump is elected. If they keep at the same price or go a bit higher after the election I may just roll the dice and get it all at once. Of course if the prices do fall substantially I will buy - buy - buy and the temptation to buy it all at once to hit my goal will be strong.  Until then, I am going to buy some every month, less than I amount I just bought but at least some to keep my stock growing. I should have done this decades ago.
 
One thing about my buying habits is that when it comes to gold I have usually purchased 1/4 ounce coins. Buying that size coin adds a considerable amount to the cost but there is a reason I go that extra expense sometimes. I figure it this way, if there is ever a total collapse of our economy, which is most definitely on the horizon considering the trillions of dollars we are in debt as a nation and the unrestrained spending habits of politicians spending money they do not have. Think of hyperinflation in Germany in the 1920 & 30s - no one could have guessed what was coming and coming on super fast within only a couple of years. In Germany a loaf of bread costing an outrageous 163.00 Deutschmarks in 1922, going up to 1,500,000.00 (one million five hundred thousand) Deutschmarks in 1923 and capping out at about 200,000,000,000.00 marks (two hundred billion marks) at the height of their hyperinflation. Joe Biden and the dems & RINOs keep spending and think printing more dollars will alleviate the inflation problem but sooner or later we will be called upon by our creditors to pay up and then our economy will fail totally, that is if not sooner just on its own without even one creditor asking to be paid. It will make the Great Depression look like a bull market. (Note how Biden no longer says how great is Bidenomics!)
 
 So, it is just as possible here as it as in Germany and look at the result there - the rise to power of the Nazis (to whom our current crop of radicals on the left appear to be very similar in ideologies). In such a case of an economic collapse here, it might be very wise to have smaller sized bullion coins to buy things. Start pulling out a few one ounce coins and maybe get ripped off at gunpoint or just by way of the deal. Pull out just enough in smaller gold coins, sure you can get ripped off at gunpoint but I think it less likely to get ripped of in the deal end of it. Knowing the price ahead of the deal being finalized and using smaller coins allows you to go retrieve just what you need then come back and pay the guy. Think about it, if you use only one ounce coins and want to buy what cost only 1/4 ounce of gold, who will do the cutting of the larger coin and the weighing of the pieces to assure it is spot on. Then again, if they rob you and take a one ounce coin you are losing a lot more than a quarter ounce.

If I never need to rely on bullion for living expenses, then my son and daughter will get an extra bonus in my inheritance.
 
All the best,
Glenn B

Saturday, July 22, 2023

Damn Shipping Costs May Be Going Up Again...

...at least if unionized workers at UPS go on strike or such is my guess. The current contract for many UPS employees expires at midnight July 31. UPS says it cannot give them more pay & benefits. The thing is, a strike will also have a potential to harm the U.S. economy. If they strike for only ten days, the estimated hit to the U.S. economy would be 7.1 billion bucks! That according to an article at CNN. More at that source.  
 
Now I am not one who puts much trust in the reporting at what I consider to be the MSM (mud slinging media) outlets like CNN, MSNBC, NBC, CBS and so on. Then again, my favored news outlet, Fox News does not even have a current article on the subject, at least not a very recent one that I could find on their site. So, I also checked One America News and they too had an article, albeit a much briefer one than the one at CNN, but it said much the same thing about the potential economic loss being that bad, 7  billion dollar was their figure. More at OAN. Their source appears to have been Reuters.
 
Not only would a UPS strike screw the economy but it is going to hurt an awful lot of folks businesses who depend on UPS to move parcels. It is also going to screw over those awaiting packages and larger shipments. Necessities like prescription medicines, food stuffs, baby formula, business supplies and whatever else one absolutely needs could be delayed or even ruined in the summertime heat while stalled & waiting to be delivered. 
 
If you need something that your supplier ships via UPS, you had better order it pronto and hope it can delivered before a strike deadline if indeed the do strike. Of course, the USPS, FedEx and other shippers will step up to handle some of what UPS fails to move but it is very doubtful, at least to me, that such will be very effective in handling all the shipping that UPS drops and any added load on those other shippers may delay shipments they already would have been delivering in their normal course of business.
 
A bit of good news in all of this is that UPS evidently believes it still can reach an amenable agreement with the union. As a precaution though, UPS has reportedly begun training non-union employees to take up some of the operations that would be affected by a strike according to the CNN piece. If UPS does give their employees more, guess who is going to be paying for it. Yep, that would be us and us would be their customers on the shipping and thus also on the receiving ends.
 
So, good luck to you if you need anything shipped. As for myself, I am lucky that two 1911 pistols I ordered are scheduled of delivery on Tuesday July 25, six days before the strike deadline. I shudder to think though that if they do strike and I need to order something that usually is shipped via UPS - it may wind up being shipped by FedEx. At least in my personal experience, FedEx damages packages more often than UPS. Luckily the damage usually only has been to the shipping box. My local FedEx delivery folks also rarely ring my bell or knock on my door when delivering to me but instead just leave the item on my doorstep; luckily I don't recall anything going missing (as in being stolen) when they've done that. On the other hand, UPS delivery personnel almost always knock on my door and or ring the bell, it is a rare delivery when they do not.  
 
The UPS lady who normally delivers my parcels has even called me on my cell phone on at least one or maybe two occasions when I have not been home. She did that to see if I can get home quick enough to have her wait or otherwise to check if she should just leave it or drop it off at the UPS Customer Center for me to pick up later (she is one heck of an excellent & different delivery person for any shipping company). 
 
With FedEx, I often either unexpectedly stumble across a package left on my doorstep by FedEx when I am going out or I am often alerted to the fact that they just made a delivery by my super sophisticated high tech & almost failure proof WADAS (woofing alert delivery alarm system). She alerts me not only to FedEx package deliveries but also to those made by the USPS and UPS:
 
No she is not on strike, she is just doing her favorite thing other than going absolutely ga-ga when her dog sitter/walker shows up once or twice a week. She sure loves snoozing and sure loves her sitter.

All the best,
Glenn B

Tuesday, February 21, 2023

It's A Sick, Perverted, Weirder And Much More Dangerous World...

 ...than it has been in over 8.5 decades - you know since the mid 1930s when the societies of the world were depraved enough to permit men like Hitler, Stalin and Tojo to come to power and to twist the minds of the masses to believe and follow those demonic bastards and their perverse hatred based manifest destinies.

What is more likely the cause of the state of the world? Is it all the perversions and societal craziness in the world today caused by the lack of any secular or religious brand, flavor, style or type of morality among seemingly at least half (and it may be more) of the world's population? Or is it that the rapidly decay causing obscene desire for an immoral Dystopian society and the breaking down of and denial of societal norms is an actual omen of evil incarnate about to come down hard upon us and thus a sure sign that the end times are near indeed?

Either way I look at it, it comes down to the same thing - way too many people are severely mentally ill and total whackos or in other words are simply plain evil. As for the rest of us, too many others either do not give a damn or are in denial that the whole world is in a very bad place right now. As usual - when terribly bad times are almost certainly imminently going to befall us - many folks like to remain in denial. That's  because denial is a seemingly safe place to hide from reality & is definitely a comfortable state in which to exist. That is though only until the SHTF big-time and TEOTWAWKI kicks in (look to WW II for a prime example of a the most recent example of true planet-wide TEOTWAWKI). Looking back on history, it seems it is times like these, that we have been experiencing over the past few years, that inevitably lead to multiple consecutive or sometimes concurrent disastrous life changing events such as: unemployment, inflation, depression as in total economic collapse, followed or accompanied by near complete societal breakdown, possibly followed or accompanied by famine, all followed inevitably by massive calamities such as multiple smaller scale but yet major military conflicts and even to a world war.  

Truth be told, and I see no denying it, it is all due to the goings on of people - nothing more or less - at least as I see it. People's behaviors have been becoming extreme to the point of being psychotic as if half the population of the world, or more, have developed sociopathic behavior or anti-social psychoses. In other words people have become mentally sicker, much stranger in thought patterns & behavior and actually crave to commit acts of violence. It is as if they desire more than anything to lash out against anyone who disagrees with them about anything they can make up to find disagreeable or by which they can claim they were insulted although no insult was intended or evident. Even the most benign or trivial issues can make their blood boil and send them into a rage. That is not to say that they only are affected by minor things but rather that they have become so contrarian that even the tiniest of matters, in their minds, require the most extreme types of oppositional response, especially of an antagonistic and all too often of a violent nature.  

This change from more or less a state of brief but mutually tolerated normalcy among the masses to the abject hatred of one group to another - such as the left versus the right - has been brought about in leaps and bounds over the past several years. It's almost as if something keeps getting put in the water like an evil scientist's formula of a mind altering & destroying concoction. Just look at our society and the direction it has taken: nonbinary people (really); marriages of men to women, the so called women of the pairs who used to be (and in actual fact still are) males but are now considered women under the law becasue they have been mutilated by so called medical professionals; teaching very young children about sexual perversions as normal and even as preferred behavior as taught by our school personnel; the replacement of parental rights by the intrusion of tyrannical and obviously immoral bullies, so called educators, into the personal realms of the family; the wish of many in extremist groups to defund law enforcement to the point they are becoming close to being mainstream while the cities and states in which they live are being destroyed by criminals; the release of prisoners without bail who have committed serious and violent offenses repeatedly; minor sentences given to those who have committed heinous crimes when and if they are even tried & convicted; the absolute surrender of the sanctity of our nation's borders to illegal aliens whose ranks most assuredly include pedophiles, terrorists, human traffickers & they who amount to their slaves; slavery existing within our borders; drug smuggling of drug including one of the most dangerous of all - fentanyl - in huge amounts on a regular basis that has undoubtedly be greatly aided by the Biden administration's failure to secure the border or to even make an honest attempt to do so; the cries of racism for the most ridiculous of things that never had anything to do with racism in the first place; the actual racism committed by those of all races het blamed only on one by those on the left;accusing those on the right of the offenses that those on the left are actually committing (not that those on the right are guiltless but those on the left excel in carrying out this type of transference); the cancellation or attempts at canceling actual recorded and proven history only to be replaced with absolute and feckless fiction. (Just look back at history - before is is cancelled & disappears totally - to see what likely is coming  our way next.) The list of the causes of our current state of being goes on and on as we spiral toward what seems to be our self-inflicted  & dismal destiny.

The thing is though, even if it seems like someone must have doped the water, the truth is people do not need any help from evil scientists' or any mind altering concoctions to bring about such twisted idealism, the actual accompanying failures of society and what worse & unavoidable catastrophes may yet be to come. We (as humanity) do fine at twisting up each others minds & ruining the good things in life on a grand and too often worldwide scale. We seem to do so in predictable & repetitive cycles, phases that are not so much time based but are rather event and societal based repetitions. 

With all due respect to the religious, this is worse than an anticipated but elusive and as of yet to occur Apocalypse.Why is that? It is because this is really happening right now and we seem to be full steam ahead toward the conclusion of another end of a cycle and it will quite possibly another train wreck, so to speak, that will culminate in the deaths of many of our own kind & the destruction of much of what we have had that has been good. Hell, it may result in a sort of Apocalypse as in the end of us all what with the weapons we have in the armories,  missile silos, nuclear submarines, on the underbellies of fighter jets, in the bomb bays of strategic bombers and on the rocket launchers of too many of the nations on this earth.

I fear WW III is a lot closer than we think. If  the economy keeps heading in the same direction & if it gets as bad as some predict (it appears almost inevitable it will collapse), if the sociopaths keep growing exponentially in numbers, if more and more countries develop nuclear weapons, if terrorists obtain the same (do you doubt they have them already, I do not), we may be doomed to suffering as we - the human race - have never before suffered. If WW III does erupt, I can only hope it is over swiftly and with minimal damage but I fear what Albert Einstein said about it and about the next one -  WW IV. This quotation has been attributed to him: 

“I know not with what weapons World War III will be fought, but World War IV will be fought with sticks and stones.”    

I place much of the blame on national leaders. In the U.S., I blame President Joe Biden, his administration and the leftist/democrat politicians who have pushed for this evident mass hysteria. Their allies in the media are also to blame but most of the blame must go to the masses who support them. Of course, there are many on the right who add to this. Much of the blame also goes to leaders, politicians &  military commanders in other counties like Russia, Red China, North Korea, many countries in the Middle East, some in the European Union and others in South American. In other words the blame is shared by many tyrannical governments of the world and to the masses of those countries in addition to the current ones in the United States.

End of my philosophical ranting for the moment.

I almost feel as if I'll be a hypocrite to say what I am about to say after having spewed out all of those fears and all that negativity but I'll both say it and mean it regardless; so, here goes:

All the best,
Glenn B

Sunday, November 20, 2022

Inflation Sucks...

 ...your hard earned dollars right out of your pocket and your bank account(s). I went to Costco with my son & his girlfriend yesterday and spent $360 on mostly groceries and a bit on toothpaste and a sleep aid. That did not include a turkey, we had to go to Walmart for the bird and some baking needs because the fresh turkeys at Costco were about $3.50 per pound and they were out of frozen (they had been going for only .99 cents per pound - such a deal in hard times). As it was, Wally World's frozen Butterball turkeys were $1.18 a pound. That was not bad at all but everything else was ridiculous at both stores and gas & diesel are not getting any less expensive. Watch the video (it has been taking a few to several seconds to load).
 
 
Christmas dinner is going to be a pauper's delight as compared to what we will have on Thanksgiving because I can not afford another expenditure like the one yesterday. The upper I planned to get myself for Christmas may have to wait. Seriously, two hits like that for a couple of feast-like meals just a month apart along with the bills for Christmas presents, the additional expenditures I laid out for some ammo & gun stuff I purchased earlier this month and in October is going to be just too much for me and I need to dig pretty deep into my savings to get it all paid off when the credit card payments are due. I may have to get a job to replenish the bank account - perish the thought but I kid you not - it may become a reality that I will need to go back to work in retirement and that may suck more than inflation.
 
Add to all that, all the fuckers in Washington, at least those with any sense at all, keep telling us it is going to get worse, much worse for our economy. Of course, that arsewipe in the oval office keeps telling us what a great job he's done to keep inflation at bay and how things like gasoline a less expensive under his watch (an outright lie kike most things he has said about the economy & the causes of the current inflation crisis).f course, bear in mind he really does seem to be a perpetual liar and more than merely somewhat demented. He is the one responsible for this quagmire in which we find ourselves paying much more for the necessities than we have paid, relative to our incomes, in over 40 years. How there was not a red wave in the elections is beyond me because 99.5% of the dems seem to support his claims that he is saving the economy while they actually seem to be fervently assisting him to destroy what was our thriving economy.
 
I kid you not, if I only spend on rent, utilities, dog food & treats, gasoline & normal car maintenance - it will take me at least 6 months to recoup what I have spent in the last few weeks and what little more I will spend on the few Christmas presents I have yet to purchase. Last year, spending on the same things at the same rate of making purchases as I am now, might have taken me two months of belt pocketbook cinching, at most, to make up.
 
I think that the Grinch & Scrooge (before him having been visited by the spirits of Christmas) had nothing on Joe Biden regards to destroying the spirit of giving at Christmas! 
 
All the best,
Glenn B

Thursday, September 8, 2022

If I Apply For A Mortgage, Can I Self Identify...

 ...as being a person, belonging to one of predominant races of folks living in certain neighborhoods, to which Bank of America reportedly has seemingly (at least to me) said it will bestow interest free mortgages. More at the source.
 
 If that is not racism, then I think nothing is racist. It may be needless for me to have to say it but I will say it anyway - if I had a bank account with them or had one of their credit cards or whatever - I'd drop them tomorrow! 
 
Who is going to make up for the lost income that Bank of America would otherwise have made once these reported upcoming interest free loans actually come to be? The answer would be those who pay interest is my guess as in their rates will be higher - or even if they freeze at current rates, once mortgage interest rates go down in general, I would guess those paying off Bank of America mortgages with interest (as in those living in neighborhoods predominantly made up of European Americans, Indigenous people and Asian Americans) would not have the rates reduced.
 
Bank of Socialistamerica and leftist ideals is more like it or so it seems to me.

All the best,
Glenn B

Friday, August 19, 2022

Mind Boggling Suggestions From A Government

 Yes, the culture of Japan is different than that here in the USA. For instance, I could not for a second imagine the government of the United States of America - whether red or blue or in between - to make the suggestion, via a contest, that the Japanese government has reportedly made; then again - yes I could imagine the democrats doing it. That it is that the Japanese government has reportedly started a contest to determine ways to encourage young Japanese people to start drinking more alcohol! They did so in the hope of raising more tax revenue - revenue that the Japanese government has said was greatly reduced due to COVID-19 shutdowns. More at the source. 
 
If the politicians (aka: the fools) in government over there, like the politicians (aka: the fools) in government here, had had any sense at all, they seriously would have thought beforehand of the possible terrible consequences of shutting down businesses due to, in my opinion, purely reactionary fears & seemingly unscientific methodology during the pandemic. We, the Japanese and those in many other countries have suffered great financial, social & psychological and quite possibly physical distress because of the morons in government or so I think!
 
All the best,
Glenn B

Tuesday, August 15, 2017

The Trump Slump - Firearms & Ammo Sales Plummeting But Why?

Firearms and ammunition manufacturers are gnashing their teeth in agony because of falling revenues due to fewer sales with regard to guns & ammo ever since Donald Trump was elected to the presidency. They are calling it The Trump Slump as per this source. While I believe it is happening, and understand how it is happening; however, I simply do not understand why it is happening because it is an illogical phenomenon.

Well, maybe I do understand since people do not necessarily make logical decisions when faced with bad times nor even when faced with good times. In fact they often do the reverse of what would benefit them the most based upon emotions during both good and bad times. Despite it being easy to figure out logically - people often tend to do otherwise.

When supply is high  products are normally less expensive, thus that is the time to buy and stockpile for your future. Sure, you will want to enjoy some of what you buy then, that is just a normal thing to do, the if you have it enjoy it and flaunt it mentality. Yet, if you are smart you also will buy enough to put some away for a rainy day. You don't have to be wealthy to stockpile, you just need to buy what you can buy, of whatever it is being sold that you need or will need and logic dictates you do that when things are in abundance and at low prices. If you do not do that then, when times are bad and supplies are low and thus prices are high, what you are likely to do is to start panic buying and paying too much for what you should have already had in store. and that will make the problem even worse.

I don’t know about anyone else in the good old 'US of A' but I have continued doing my part, without any slumping, to support firearms, ammunition and related industries since Donald Trump was elected. Heck, I did likewise when Obama was in office but at a slower pace than I did before he was elected and slower than what I plan to do now that he is out of office. That is not due as much as to who is in office or not but to supply and demand no matter who or what the cause and to what I need for current use and for my stockpile. 
 
Somehow now though, despite what logic dictates, we have what they are calling The Trump Slump with firearms and ammunition sales. I don't understand why - now that ammo prices have already fallen dramatically and firearms prices seem to be falling somewhat - anyone would stop buying them. Now is the time to buy as the prices are lower and the future is the time to keep buying if prices keep going lower.
 
Sure, as I said above, I bought ammo and firearms when Obummer Obama was president but I did not do much panic buying, if any, as did many American gun owners. In fact, I think I was buying at a slower rate then than I am buying them now but yes I did keep buying because that was prudent in the event someone like Clinton would have followed Obama and made things much worse. Yet, my buying was more affected by supply, cost and my cash at hand than it was by a panic that things would get worse. So, I just bought at a slowed pace because firearms, and especially ammo, were much more expensive but I believed still needed to get my supply as usual. While I simply could not afford as much then, I kept on buying and stockpiling as much as I could afford. Now that prices are less, I see absolutely no reason to stop stockpiling but I do see that as an incentive to increase my rate of purchases, all again depending on cash at hand.  
 
So, as I see it, there definitely is no reason to slow down now that a better and much more RKBA friendly president is in the White House, especially now that prices have dropped. So why the so called Trump Slump! I am guessing it is merely because of panic buying, by idiots, coming to an end. To have bought more guns and ammo than as ever you did before just because Obama was in office is one of the things that caused prices to go sky high and supply to drop. Now, to slow down in your firearms & ammo related purchases 
because the political climate is pro-RKBA under Trump and your panic has subsided, leaving you all giggly and light headed with joy ,is not only illogical - it is lunacy.
 
Now is the time to start buying and stockpiling as much as you can while prices are lower and if they keep going lower you should just keep buying and stockpiling. The reason for that is that if Trump winds up out on in the cold in 2020 and an arsehat like Joe Biden (or worse) gets in to the White House - you can bet panic buying will commence anew. As panic buying again commences, prices will rise and supplies will fall. As it continues, under a butthead like a Biden, just as in Obama's 8 years in office prices will rise more and more as supply dwindles to less and less and we will be in the same or worse condition than when Obama was in office. 
 
Buying more now than during the 8 preceding years is my plan. Since Election Day in November, up through and including this past Saturday August 12, or in just a few days over 9 months, I have made quite a good number of purchases of firearms, ammo, accessories and supplies and spent a goodly amount in doing so. If you are curious as to what I think is a goodly amount to have spent toward those purchases, let me just say it was enough to buy 10 firearms a few thousand rounds of ammunition and a decent handful or three of accessories and supplies. Telling you that I spent over 5k for those purchases might get me in big trouble with my wife so, I am not going to tell you that. 
 
Now, to appease my wife, in the event that she somehow found out that I actually spent over 5K on guns & ammo, I would have to point out to her that it would not have been like I had not sold at least a few to several guns and a decent amount of ammo to help fund my habit those purchases. In addition, before begrudging me those purchases, she would have to consider that I also came into enough extra loot for one nice rifle (which paid for the Marlin 1895GBL I just bought). Beyond that there is the $100 rebate on the Marlin that I will get if I remember to mail in the rebate form which I have just about totally forgotten to do in the last two weeks!
Maybe telling her all that would appease her a bit. If it did not then I would just need to explain to her that I merely have been doing my part to help support firearms related industries, our economy in general and to support our president by putting to sleep the rumor of The Trump Slump.

All the best,
Glenn B

Thursday, February 26, 2009

Want To Read An Excellent Piece...

...then go here to the blog of Penless Writer and read about the 11 most expensive catastrophes in history.

All the best,
Glenn B

Friday, December 19, 2008

My Opinion - President George W. Bush is a Liberal Left Wing SOCIALIST...

...who probably has destroyed our way of life at least economically. He has sold the free market system, what was left of it anyhow, right down the toilet by giving away our hard earned money to those who were abject failures in both the financial industry and now in the auto industry. He has unabashedly shown his true ultra liberal colors and socialized the economy of the United States of America - once the greatest free market economy in the world. As liberal as he is, Barack Hussein Obama, in my opinion, most certainly cannot fuck it up much more though I am sure he will try his best. Economically we are lower than the bottom of the barrel, and that is due in great part to the current president whom I now consider to be, in my personal opinion, the most inept boob to have occupied the White House in my lifetime. Yes that means in my estimation President Bush has even surpassed the incompetency levels of President Jimmy Carter - and Carter was tough to match let alone surpass in his incompetency.

Sure there are some things I liked about Bush, and I cannot think of anything I liked about Carter; but the point here is that Bush has screwed up more than Carter ever did. We would have been better off with 25% Home Mortgages than what we have had over the past 10 years or so and what we have wound up with now. Sure less people would have bought homes, and guess what - our economy would not have been broadsided by collapsing mortgage companies, failing banks, and other financial flops. As for the auto industry, they were doomed to fail sooner or later for putting out the crap they try to pass off as quality automobiles while paying their workers over inflated salaries thanks to union thuggery. Well I suppose the union bosses are all waving their red flags right about now. Nope - not flags of warning but flags of nations that were also socialist nations just like we are now. Didn't you know many unions have a history of supporting socialism. Sure they do - they want to spread the wealth whether their members have earned it or not, and it looks as if that is just what the Bushes wanted too.

I have to tell you that right about now thoughts of the American revolution are going through my head. I figure that if someone like Bush was in power back then, the revolution would have come sooner, and more colonists would have joined in against the then government if Bush had been at the helm. Who knows, the current bailouts may well lead to a new revolution in our lifetimes. The economy may get better, if we are lucky. The thing is, stuff like this - a super lousy economy - usually does not get better by luck - but only through hard work or war or both. You know who usually does that hard work, the people who lost it all as they try to earn something back to elevate themselves from the gutters back up into the realm of financial comfort. This time there is no chance of that because Bush and our billions have elevated them back into financial comfort without any of the hard work. I knew we were doomed once I heard Bush yesterday on the news when he said something to the effect of having a dilemma: allowing the free market system to fail, or saving the free market system by reverting principles that have nothing to do with the free market system (as in socialism) to save it. The next thing you know he will have us paying a flat tax at a 75% rate.

I suppose the one hint of light at the end of this long dark and dank tunnel is that Ford is refusing the bailout money. Of course they will accept low interest loans from the government, but they are not stooping as low as are GM and Chrysler to accept pure bailout money. The true irony in all of this is that Ford is in the best shape of all of the Big 3 auto makers because they mortgaged almost all of their assets in 2006.

Sorry, but right now it does not feel all that great to be an American. I am saddened, and ashamed at how our country is turning out. I am disgusted by our current president and his actions. I am even more disgusted by the actions of our Congress. I am fearful of our President elect and his band of Clintonian stooges. I am worried that our government will need to declare bankruptcy within a few years (and if they do they I will have to also as mine will be a government pension). I am fearful that we are facing another Great Depression, and it is barreling down the pike, headed right at us at full speed, and we still do not see it coming. I dread the prospect of a new world war. Most of all though, I fear the American people and what they have become to allow our great nation to have been brought to the point that it seems the majority of us want something for nothing (whether or not they agree with this bailout), and they want it from our fellow citizens at any cost. I am as lost in this mess as is any hard working American who believes he has a right to what he has earned, and that while charity is nice - others have no entitlement to our the fruits of our labors. This is not the former USSR or any of the Eastern-Bloc countries but it is sure beginning to look that way and that makes the U.S.A. a very scary place indeed to those of us with true freedom based principles and who remember the oppression of socialism and communism. Why people do not see an example to avoid in Venezuela, in China, in Cuba and in North Korea just baffles me, and here we are turning to their type of economy.

I do not know what to do, or where to turn to find some assurance that we will get back to what we once were or at least close to it, but do know it is going to be a long hard journey and we may never again get close to it. The answer of the past, throughout history, to solve truly atrocious economic problems, and you can check objective history books on this, has always been to wage a major scale war. I hope we can avoid one, but I am none to optimistic about that either; and I do not mean the wars we are in right now either. I am talking about world war, the biggest one yet; I hope it does not come to that.

As it stands now, the liberals, and I mean the ultra extremist left wingers, have won. It was their whipping boy - George W. Bush - who has led them to victory. Next thing you know you will see him celebrating with Hugo Chavez, Fidel Castro, Kim Jong-il, Barack Obama, John Kerry, Jane Fonda, and others of the same ilk as they suck us dry of our money, then of our liberties, and then of our rights and ultimately turn our Republic into something the likes of which would be suitable for a communist dirge.

Feeling disgusted,
Glenn B

Thursday, January 24, 2008

Tax Rebates Like This Are Why Ultra Leftist Democrats Often Sicken Me

No I am not upset about there being a bailout plan, but nor am I thrilled by it. I think it would make better sense to let the economy, the banks, the other lenders, and the idiots who took out ridiculous mortgages to have to bail themselves out through use of a somewhat lost good trait - that of hard work. Foolish people who do foolish things with money should not be rewarded, and sometime should have to stew in the vile sludge of their own making so their eyes will be opened about making sound judgements in the future. I will accept though that the economy is in dire straits. I saw it coming and pulled my thrift savings money (sort of a government employee's 401K plan) out of the funds with risky investments and put them into government securities. Not much interest for sure, but much safer. Why others could not see this is beyond me as I am certainly no money guru, I tend to play it safe. Maybe others did not see it for whatever reason, and now they are socked down with bad debt; and now their bad judgements will ripple over to us and we will be effected negatively by a bad economy too. They need some help, and we need some help. Okay that could make sense. Both sides of the House and the President went with that way of thinking, now for the full House vote, then for the Senate.

If they all vote in the TAX REBATES I can say okay fine, someone who was a tax payer needs help, and if you are going to bail out the taxpayer who screwed up his finances, then you ought to reward the taxpayer who handled his or her finances without messing them up. The economy is getting tough on all them, so okay give all the TAX PAYERS a REBATE. Of course, that is not what the Democrats in the House of Representatives wanted, and demanded, in order for them to agree with the President's national economic bailout plan. They wanted more. They wanted not only to help out the TAX PAYER with a REBATE but they demanded that the REBATE of TAXES also be given to those who did not make enough to pay taxes! Here is what the Associated Press reported on this point:

"In a key concession to Democrats, 35 million families who make at least $3,000 but don't pay taxes would get $300 rebates." (see:
http://www.msnbc.msn.com/id/22782454?GT1=10755).

Now correct me if I am wrong, but that will be a lot of money just for those who DID NOT PAY TAXES. Also correct me if I am wrong about this: a REBATE is pretty much money paid back to someone usually because they OVERPAID, or because they are in some way entitled to a REFUND of money that they PAID. I mean here it is in black and white from the dictionary at Encarta:

"re·bate [ r bàyt ]
noun (plural re·bates)
Definition:
money paid back: money that is paid back, e.g. because somebody has overpaid a tax or is entitled to a refund"


So what I need to ask, what every taxpayer in this country should need to ask, both of the President, and of the Congress, is just how in hell are people who did not pay any taxes, because their income was too low to have them do so, going to receive a REBATE of their taxes? Only a liberal minded politician with political interests in mind could demand something like this, and only a liberal left leaning RINO (Republican In Name Only) like George W. Bush could have said okay to it.

I am not big on the concept of public relief, but I do realize that sometimes people need it. If these people, who earned up to $3,000 but yet did not earn enough to pay taxes need help in these fiscally tough times, then give them fucking public assistance and call it just that. Do not disguise it as a REBATE of taxes when in fact they paid no taxes, and therefore it would be impossible to give them a rebate of taxes. I predict that somehow, in some sneaky manner that is now in the works, those same demoncrats who demanded this so called concession by the president in order to pass this bailout package, will in the future try to give these same people tax rebate after rebate, even when they have decided to cease giving rebates to those who actually worked for a living and paid their taxes. So, I will be writing to my Congressional representatives (in the House and the Senate) to pitch a bitch about this, and I'll write to the president, and vice president (is he still alive - have not heard a peep out of him in a long time - have we). I am going to demand, as a citizen, working member of society, tax payer, and voter, that at least this one part of the plan - the SO CALLED REBATE TO THOSE WHO DID NOT PAY TAXES - be taken out of the bailout plan. If they want a friggin rebate - then they should work like the rest of us, and pay taxes on their incomes like the rest of us - and therefore be eligible for a REBATE in the first place - like the rest of us. If they do not earn enough money to pay taxes, then no rebates for them, at least not until they start to pay for them like the rest of us. If they need welfare or food stamps or other forms of public assistance - and can prove they NEED it, then give it to them - but do not reward the millions in that 35 million who always expect to get something for nothing - and expect we taxpayers to foot the bill. Yes folks that is exactly what we taxpayers will have done should this bailout measure actually be voted in. We will have paid for those rebates - by virtue of having paid our taxes. Those other folks - they did nothing to pay for anything, and yet the democrats want to give them a reward for just that - for doing nothing! It makes me want to puke all over Nancy Pelosi and her whole entourage.

Am I pissed off - you bet - and if you are a regular reader of my stuff you know I am because I usually do not blog using the type of foul language that is peppered throughout my rant above (don't get me wrong, I use foul language regularly, just not here all that much); but you know what - I paid my taxes and am entitled to be mad about this, as are you if you are a taxpayer. Friggin Democrats who are like Pelosi and twist everything to their unreal way of seeing things are, in my personal taxpaying opinion, assholes!

All the best to my fellow taxpayers,
Glenn B