Posted by admin on February 20, 2009 · Leave a Comment
Here we are, with a “new” stimulus package. I am afraid that pumping non-existant money into an already failing system is just wrong. We are all just so hung up on our stuff, that the thought of giving it up scares us silly. The truth is when the fountain was overflowing, we all drank, and now that there is a crunch we ALL need to cut back to the bare essentials. I find it amuzing, not really, that our government is cutting back funding for education while our local power company just paid $250,000 in a small town to put a new shelter in a local park. Do they not get it? No, truly none of us gets it, because if we did we would just ride this economic crisis out allowing those who are living above their means to have to cut back. Instead, what is happening is the big “power” company’s in this country are saying, not us, we shouldn’t have to cut back, however, all that they are really doing is putting the burden on us to carry them, and that just isn’t right.
It is a time for consequences and for those who have been living within their means, it should be okay. Sure, I think that the government should help out those working folks who are facing unemployment because of this madness, however, everyone else and their bonuses and oversized homes, need to just take a good hard look at themselves and how they are living above their means, and they need to change. As long as we continue to provide them with the money that they don’t have to feel the pinch, then we are just feeding their dilusions and that is what got us here in the first place.
Posted by admin on November 5, 2008 · Leave a Comment
The promise of big change was the winner of the election last night, as recent polls showed that for about 75% of American’s their biggest concerns were the economy. For most of us we realize that the economic situation is serious to say the least, and the hope of change is probably the reason for Barack Obama’s success in the election.
Many American’s remain hopeful that the economic situation can be turned around by a new President, but I think that we are all acknowledging that change will not happen overnight. This was especially noted by the votes for Obama which came from states like Rhode Island and Michigan who have unemployment rates that are above 8.7% to date. These people are really feeling the need for change, and are hopeful that the change to a Democratic government will provide just that.
The bottom line is that we can’t afford to keep letting the economic situation get worse, and overall as a country I don’t think that the people were impressed by the recent government bail outs. I didn’t really know much about this, and thought like many that this seemed to be an unnecessary step. After listening to a few financial analysts on the subject I came to realize that if we hadn’t done these bail outs we would have definitely sunk the economy into the deepest depression in our country’s history. By injecting these monies into the banking industry, our government did not improve our financial standing, however, it did stop us from having people starving in the streets, and so from that understanding at least the whole thing makes sense.
No one knows what the future holds, however as an American, I am also hopeful that Mr. Obama can hold up his promises and make some much needed changes in our country.
Filed under Financial Changes · Tagged with afford, bail outs, banking industry, Barack Obama's success, change, economic situation, economy, election, financial analysts, financial standing, government, hope, hopeful, polls, President, starving, unemployment rates, votes
Posted by admin on October 13, 2008 · Leave a Comment
I have always loved the holidays. Always a fun and exciting time of year filled with hustle and bustle. Some years, though, have been more difficult than others. Many years, we didn’t really have enough money for Christmas gifts, and it put a lot of added stress on us. The years had more and didn’t have to go into hock to make a Merry Christmas were also a lot nicer. I didn’t have to worry about what I would get everyone, I could relax and shop early and get whatever I idea came into my head for that special person. On years when I didn’t have enough money I would stress and by the time Christmas day would roll around, I would be completely broke and miserable knowing that I spent money that I didn’t have to get through it. This year, I think that with the economy where it is, we all need to take a few steps back and really look at how much money we are spending on Christmas. There is nothing fun about buying gifts and then stressing about how to pay for them. I know I wouldn’t want to think that anyone was getting stressed about a present that they bought me and really couldn’t afford, the gifts are not that important but the people are. It is a great time of year to acknowledge people, but you have to make practical choices and shop for the deals. There are a lot of good bargains out there and a lot of really creative ways to give exciting gifts without spending too much money. This year, let’s all be smart and limit our spending of dollars and just spend time with the ones we love instead. It is more important than ever to realize that the material stuff is just stuff. Let’s not buy into the madness that the local businesses perpetuate, let’s take a step back and just enjoy the holidays and not go broke in the process, after all you don’t want to end up in the same financial state as our government do you?
Filed under cutting back, Debt · Tagged with acknowledge people, afford, bargains, broke, bustle, Christmas, Christmas day, couldn't afford, deals, dollars, enjoy the holidays, enough money, exciting gifts, exciting time of year, financial state, gifts, good bargains, government, holidays, hustle, limit our spending, Merry Christmas, money, money for Christmas, present, shop early, shop for the deals, spending on Christmas, spending too much, spent money, stress, stressed