Aug
13
5 School Cutbacks Students Will Feel
August 13, 2009 | Leave a Comment
MSN has an interesting article that is worth a read. As students get ready to return to school, school boards are dealing with huge budget shortfalls and they have to make some painful cuts. Cutting school budgets is probably one of the worst places we can cut spending. The old saying that children are our [...]
Jun
12
The U.S. Senate Thursday backed a plan giving the Food and Drug Administration power to regulate cigarettes and other tobacco products, because you know, they've been doing such a bang up job with everything else they "regulate". The agency would curb advertisements, require stronger package warnings and inspect manufacturers.
Supporters said the bill, which passed in [...]
Dec
9
Obama Stimulating Federal Light Bulb Changers
December 9, 2008 | 1 Comment
If you're waiting for another direct stimulus check, forgot about it. Obama doesn't have plans to send you one. Instead, he's going to change the bulbs in all the federal buildings. That should get the economy moving, right?
Obama has publicly stated his 4 priorities:
"a massive effort to make public buildings more energy-efficient"
"the single largest new [...]
Oct
23
Magical Thinking
October 23, 2008 | 3 Comments
Do you blame your problems on somebody else? The sub-prime mess is either Clinton's, Bush's or Congress's fault depending on who you believe. Most of our problems are caused by magical thinking. Magical thinking is 1 + 1 = 3. Magical thinking says giving poor people houses is a good idea. You need to remove [...]
Sep
24
Bailout Sounds Like Bad Spam Email
September 24, 2008 | Leave a Comment
This is hilarious. I'm sure you've gottem an email from an "official" in Africa. This official has millions waiting for you, you just need to send them your bank account info. Well what if the scammer in Africa was suddenly the most powerful man in the world. Well Secretary of the Treasury Paulson is the most [...]
Aug
29
Do Succesful People Watch Television?
August 29, 2008 | 1 Comment
I was reading another book where the author mentioned they don't watch TV. It was How to Get Rich by Felix Dennis. I starting wondering if there is a strong correlation between hours of television watched and wealth.
I did a quick search for information relating income/wealth and television viewing. I didn't find anything in the [...]
Jul
24
The Parable of Wealth
July 24, 2008 | Leave a Comment
A parable is a fable or short moral story. I came across this parable from a source unknown. It's a great way to explain why some people who appear wealthy really aren't and why some who appear poor are just the opposite.
The Fishermen
Mark and John are both fishermen in a small village. Mark and John [...]
Jul
23
Car Leases have a poor reputation. But are vehicle leases always a bad deal? You may be surprised.
Why do leases have a bad reputation? There are two primary reasons. Many consumers didn't read the fine print and got stuck with bad terms. Also mileage limitations have limited the usefulness of the leased vehicle. My father [...]
Jul
18
How Uninformed Investors Keep the Stock Market Moving
July 18, 2008 | Leave a Comment
I used to wonder how the stock market works. After all if everyone trading stocks is rational how can so much money be made and lost? However, so many diverse people and organizations own stock that they are always buying and selling and not necessarily for the best reasons.
I was having lunch with a friend [...]
Jun
12
Is Debt Making You Sick?
June 12, 2008 | Leave a Comment
You know debt is bad but did you know debt is also bad for you? According to a recent poll, those who carry a heavy debt load reported more health problems in the previous 12 months. So is debt making you ill?
According to a poll by AOL and the AP, those with a lot of [...]