JUST SOME POSTS

I realized I had not done this in a while. I have picked up a lot of new readers (judging from the numbers of viewers and the emails) and wanted to "do my duty" to educate and inform. I am going to keep this basic. I have many posts on this site that go into detail on each of these. I could (and have) done an entire post on each. Here are the basics you need to remember: 1) There is NO GOVERNMENT MONEY!  I have many posts within that go over this in detail. Just remember, when a politician uses terms like "federal funds", "matching funds", "state funds", or mentions spending; you should substitute "my tax dollars". 2) CORPORATIONS DO NOT PAY TAXES - PEOPLE DO! Again, explanations are in prior posts. Just realize that stockholders or more likely the customers of the corporation pay all the taxes. A corporation just passes them along. Watch for politicians or leader-types when they tell you that a company or corporation is paying...

I finally have something to say. Like a lot of the news and the news reporters, I am going to comment on the national debt, debt ceiling, and related. First - if you think the current problem is a Republican problem - you are WRONG! Second - if you think this is a Democrat problem - you are also WRONG! One thing I can say about today's politicians, for the most part they are all clueless. The only thing that appears to be motivating most of them is getting re-elected. There is enough blame to go WAY beyond party lines. One aspect of the debt ceiling/national debt discussion that bothers me is that most average Americans seem only to be concerned about the problem in relation to any monies they get from the government being cut off. This is the problem people! Remember the base rule - THERE IS NO GOVERNMENT MONEY!! It still angers me beyond words when I hear a reporter, politician, or anyone else talking about "federal funds", or "state money". (but that i...

I almost hate to do this one for fear of running off people that don't want serious posts, or get bored with the same subject; but I feel I have to. My last post went into the problem we have in this country with finances, specifically government finances. There are way too many people in this country that believe the government can just spend money whenever and on whatever they want (including a lot of politicians!). I won't redo that post. If you care, you can go look yourself. This post however is going to be similar. I am gravely concerned about our national debt. Mostly because the spending/budgeting by the government seems to be ignoring it. The U.S. national debt now stands at over 14 TRILLION dollars! 14 Trillion! Our GDP (gross domestic product - the combined value of all goods and services of an economy) is about 14 Trillion dollars. So, the U.S. owes as much as it produces. Now this is not as much as is earns - but produces. Compare this to an individual that owe...

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 tr...

To get even more on this, as well as some background - see earlier posts like "Back in the USSA " and others. I am getting worried about the economy. Not for the same reasons as a lot of people, but worried none the less. As stated above, previously I let you know how I feel about these government "bailouts" that keep being thrown around like chicken feed. This is getting ridiculous! We (and yes it is WE!) are giving money to every industry and company that is having trouble. This cannot stand. There are constitutional reasons that should prevent this from happening. Unfortunately, there are not a lot of contitutionalist politicos or even voters around to recognize it or care about it. We won't go there (one of my first posts over a year ago addressed this). I will just keep this to the economic side of the argument. The first rule to remember is - THERE IS NO GOVERNMENT MONEY!! All together now - THERE IS NO GOVERNMENT MONEY. When you hear about a "sti...