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Archive for the ‘US’ Category

The Pursuit of Financial Purpose: Sometimes You Cannot Have It All

16 Aug

America is a country that is mostly, if not only, about money.

If you do not heed this lesson, you will greatly suffer the consequences.

There is no emotional or spiritual purity in poverty. It’s a fool’s bet.

Education alone does not create access to money. It may point you in the right direction, but only if a person is savvy enough not to be overburdened with debts in pursuit of an education. Graduation alone does not guarantee a well paying position. The key to financial prosperity is that one must be mentally and socially adroit at exploiting advantageous opportunities. The price for failure is a precipitous drop to the bottom rung. And the way this country is today, it’s quite feasible there will be never be a second chance at redemption. That is the loss of the American dream.

Now, I’ve never had an American dream. I still don’t know what to do with myself when I grow up. I follow career paths based on suitability with my personality, work habits, potential financial reward, and educational preparation.

One of my personal flaws is that I spend a well of time deliberating things when it would be best to flip a coin.

I don’t suffer from magical thinking. I’m someone who believes in Murphy’s Law: the worse that can go wrong, will go wrong. I used to be an optimistic person, but that worked well when I was imbued with sense of direction and limitless energy.

Nothing much interests me these days: not the news, not current events, not the financial markets, not what the fed will decide, and certainly not politics. It doesn’t edify me to follow these pursuits.

After all these years, I still don’t have something I could pursue passionately and be financially satisfied with. I have finally realized I never will, and I am at peace with that knowledge.

I will have to accept the second and third best lukewarm options. Yet, I don’t want to be required to be passionate about the mundane, the uninteresting, yet financially rewarding endeavors I select.

Sometimes you cannot have it all, and you just have to make do.

 
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Posted in US, money

 

Pessimistic Outlook: US Government Is Broke(n), It Will Never Be Fixed

22 Mar

I remember when Katrina hit the south back in 2005. I followed the hurricane tangentially. It didn’t  hit me until the news media started calling American citizens “refugees” that I realized how bad it was.

I had a conversation with friends afterward, and they were surprised by the gross incompetence of the local, state and federal government. I looked at them, wanting to know: Where have they been the last 5-to-30 plus years? Haven’t they noticed that the US has been in a slow and steady decline since the inflationary, decrepit, corrupt and stagnate 1970′s?

Despite the celebratory big-talk of the Reagan years, I would say that when he helped usher in the we’re-going-for-broke-sorta-war against the country formerly known as the USSR, it would likewise take us down. When the government decided to have a mano-a-mano battle with the USSR, it drained a number of internal well-thought-out strategies for keeping our country whole, solid, and well functioning with it.

A rising stock market doesn’t contrast well against jobs that evaporate from the industrial US to overseas. A rising top 1% making more money than ever doesn’t contrast well against white collar jobs that evaporate from the service economy to overseas. A society cannot survive on consumption alone, it must make durable goods as well.

Every job lost is a tax payment lost. Every job lost is a Social Security payment lost. Every job lost is a Medicaid/Medicare payment lost. “Economists” love to say that the loss of a US job to someone overseas due to slave wage labor is something we benefit from, because we can purchase “cheap” goods. I wonder why they never mention that lower paying jobs here mean people could only afford cheap goods, buy less higher-end products, and contribute less to the taxes that are necessary to keep the US afloat. It is no accident that to finance its grand entitlement schemes the US is borrowing nearly every dime.

In the future, when good and excellent historians look at this country, they will draw a line from whatever took place in this country in its attempts to keep its supremacy, and what it lost in the balance. The founders had it right: let’s mind our business, and stop trying to micromanage the rest of the world.

A man fighting fires in other people’s houses will not notice that his own home is burning down to the ground.

9/11 didn’t happen due to any conspiracies within the government. It happened because of gross indifference, incompetence, and negligence. Bureaucracy exists only for the bureaucracy. It took over 40 years for that to happen. It will take another 30 plus years for the country to entirely collapse.

In nearly every facet of our lives, if it’s not Corporate America, then it’s an officer, agent, or bureaucrat of the government(s) watching, spying, monitoring, and cataloging everyone. Everyone is “guilty” of everything. Everything is illegal. Everything is restricted. Every time a “crime” occurs the sheeple request more interference, monitoring, and watching. I bet no one feels “safer” either.

Nothing improves, and nothing will improve.

9/11 put the icing on the cake for the totalitarianism this government has always wanted to embrace and deploy. A permanent war with no ending. The never ending battlefield encapsulates the entire country. The US Constitution can be ignored, suspended, and deemed irrelevant. Travel has the same atmospherics as being in a prison. Yet somehow, millions of illegal aliens can easily enter the country.

We are a prison(er) society. We will be in a state of martial law, until foreign governments stop purchasing USA debt, the country collapses under the weight of illegitimacy and stupidity, or deliberate ignorance of basic governance, fairness, due process, and economics. Take your pick.

We are told that things are getting better, but they’re not, and they wont. We’ve reached the turning point, and since the country is already flying over the cliff, there is no going back. We’re waiting for the impact once we hit bottom.

The difference for me is that I used to care. Starting today, I don’t.

Prediction

They will come and confiscate your savings and all other assets, and they wont need a reason. You can count on it. There’s nothing restraining the jackals in DC.

 

A Bitter April 15th

15 Apr

Flat Tax

Why wont this stupid government pass a flat tax and be done with it? Let me pay what I owe once. Don’t tax me every time I touch my own bloody money.

Nothing angers me more than when I have to pay a second tax and third tax, after an income tax, on money I had in savings. Why is this okay? Why is this even permissible?

I don’t expect much in the way of the electorate demanding simplicity, but couldn’t a brave, and hopefully intelligent, politician see the way? Couldn’t one of these elected geniuses offer some kind of two-track tax plan? There should be one for tax payers who love paperwork, and a one-time, once per year tax only on income. And that’s it!!

Why must there be thousands of pages just to pay taxes? Is the purpose of these byzantine tax laws to ensure a domestic works program for financial planners, accountants, lawyers and their ilk? A flat tax would certainly reduce the demand for these “professionals.” A better course of action would be to pass the flat tax, then have all these accountants auditing government spending on entitlements, domestic programs and defense.

Bitterness

Forget about the opiate of the masses, excessive taxation is legalized slavery. If the government has its citizens in debt to pay taxes, there is no moral difference. It is indentured servitude.

Just what do my taxes pay for? Here’s an example: a “stimulus” check, where the same money we sent, is returned to the taxpayers. How about not confiscating so much in the first place?

If you want to talk about a bitter citizen, then I am your woman. I haven’t embraced guns yet, but I’m almost there. ‘Cause right now all there is to cling to is God.

 
 

The UN and Climate Change: How Much Will This Scam Cost Americans?

13 Dec

I believe Global Warming exists. I believe Global Cooling exists. I don’t believe Global Climate Change is effected by humans. A short span of two hundred or less years of industrialization cannot have such a consequential effect on the Earth’s climate.

How come the Sun, the Universe’s fireplace that keeps us alive, is being ignored in this theory?

What happened to the hysteria over Global Cooling of the 1970′s? There were wacky ideas back then to solve the problem of Global Cooling: cover the North / South poles with black to attract the sun and help them melt.

What happened to the worry over greenhouse gases and deforestation of the Brazilian rain forest?

Do museums and science books still show what life was like on this planet for the past five billion years? There were plenty of warm and cold periods. Those warm and cold spells lasted tens of thousands of years. Yet, media organizations (New York Times, BBC, etc.) suggest we can personally witness and measure climate trends in a couple of years in what ordinarily takes thousands.

I have always believed that politicians were looking to tax people for breathing oxygen. Politicians believe that the monies people earn or have are for them to confiscate by any means and method. Environmentalists and their ilk are a close second with this arrogant belief.

Politicians have come up with an even better idea: tax people for CO2. This chatter about carbon trading and reducing carbon emissions will have only one affect: the price of energy will rise exponentially. After these schemes are implemented be assured of one thing: the Global Climate Change fever will be cooled and “cured” to be replaced by another “crisis” that so-called rich countries must pay for.

Regarding the UN Bali meeting, the International Herald Tribune, December 2007 says:

…an agreement this week to breathe new life into a fund to help poor countries cope with a warming climate is set to be the big breakthrough of the conference.

The adaptation fund, which is managed by the Global Environment Facility, an independent financial organization, was established in Kyoto in 1997, but had been criticized for being too difficult to access and for raising only paltry sums of money.

The adaptation fund is to be maintained using a 2 percent tax on transactions within the Clean Development Mechanism, under which rich nations receive carbon credits for investing in sustainable projects in developing countries.

Wow, funny how this Global Climate Change thing is turning into a world tax on “rich” countries. Guess which country is blamed the most for Global Warming? Guess which country is always seen as not contributing its fair share to aid by the UN? Long before Climate Change hysteria made its debut, the UN wanted to levy a tax on all wealthy countries.

How convenient that a tax (on rich nations) and Global Warming mesh together so nicely. Isn’t the Inconvenient Truth actually a Convenient Lie?

Newspapers can certainly show their honest commitment to Global Climate: cease publishing on paper and go online, devote every story to Climate Change, don’t encourage illegal immigration or open borders (more people equals more energy used equals more carbon emissions), and endorse politicians who want a carbon tax. There are so many methods they can suggest to help shut down the US economy and reduce our standard of living.

The possibilities for additional taxation are endless: further raise taxes on gasoline, tax people based on the size of their homes, tax people based on the price of their cars, tax people based on how often they fly, and a flat tax on everyone for CO2 emissions.

Oh wait, what am I saying? Americans are already taxed in every way imaginable. I really hope the environmental extremists have their way. I’d like to see what happens to the politicians who want to follow this carbon trading / taxation policy.