It's time for a refresher course. I have done too much of the "fun" stuff lately. Take notes if you wish - there will be a test in November.
1) There is NO government money.
When you hear about a "government stimulus" or "federal funds" or anything like that - think "my tax dollars". The government has no money and has no way of getting money without taxing us, or borrowing it.
2) Corporations (companies) do NOT pay taxes (or fees, or fines).
Taxing companies to help with the deficit, or adding a fee to banks to help cover the shortfall, is a tax or fee on US. When you hear of a new tax, fee, or fine, to be levied against corporations (like the one proposed for banks currently), think of it as being taken from YOU. Corporations HAVE NO MONEY except for what they get from their customers and/or shareholders. All banks will do if this fee is levied against them is raise our fees to bank with them.
"We contend that for a nation to try to tax itself into prosperity is like a man standing in a bucket and trying to lift himself up by the handle." Winston Churchill
Write your congressman and senators. Let them know in Washington that spending our money on whatever they deem fit is NOT going to fly. Most importantly - VOTE every chance you get. Get rid of the idiots up there now that are doing all this - from BOTH parties.
Here is another thing that is bothering me - I am tired of people whining about gas prices. Gas was never free!! When people whine about "$40 to fill my tank" they forget that even at $2 a gallon it was $25 or so to fill it!! Here are some numbers: The average car in the U.S. is driven about 12,000 miles a year. If you get 20 MPG (hey if you are driving a Hummer, getting 10, I don't want to hear it!) That is 600 gallons of gas a year. Most people would be estatic if gas was at $2 a gallon again -SO, that is about $600 a year (for the extra $1 a gallon) or $11.54 a week. Now I know there are a LOT of folks that were struggling to pay the $2, but the average person I know was not. Here is another way to look at it. How many Starbuck's coffees or lattes have you had lately at $$37.33 a gallon? ($3.50 for a 12 oz one) How about a beer on an airplane at $53.33 a gallon? ($5 per) Then there is bottled water at $10.66 a gallon. ($1 a 12oz bottle -and it can be MUCH higher...
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