Category Archives: money

Warning: Possibly Offensive Post Below

I am tired of going to stores with signs saying “Cash or Food Stamps EBT Cards Only, No Debit, No Credit Card)”.  I just went to buy some low carb bread (I am still trying to make the Atkins thing work), and I had a few dollars in my pocket.  So, when I saw the sign listed above, I realized I could only buy one item.  OK, I didn’t notice the food stamp portion until I was standing in line with my dollar bill in hand and the customer in front with the cart full had what looked like a credit card in hand.  The customer purchased with food stamps a box of Swiss Chocolate Rolls, Chocolate Peanut Butter Bars, 6 bottled drinks, several bags of chips, and a loaf of bread.  I asked why I am being restricted to a cash purchase when I have money in the bank that belongs to me while others are allowed to spend their food stamps money with the EBT card.  There was no answer.  Either way, the food stamp system is just so wasteful.  We are subsidizing the Frito Lays, Little Debbie, Coca Cola, and all these other junk foods being purchased with food stamps programs.  How is that necessary for a family?  These should be items purchased after all other necessities.  If someone wants to spend their money on junk food, that’s great.  But I shouldn’t have to cover it with my tax dollars through the food stamp system.  We need to do something about this.

6 Comments

Filed under food, money, politics

Saturday Top 5: Reasons to Vote for John McCain

Last week, I gave 5 reasons to vote for Barack Obama.  I understand that there are many people who will vote for Obama for many reasons, but if you used the reasons listed last week to determine your vote, you need some help.  Here are the top 5 reasons to select John McCain as President of the United States.

#5 The economy is on the precipice of recession. One candidate wants to lower taxes and stimulate real jobs, the other candidate wants to lower some taxes, give government handouts, and introduce numerous other taxes to pay for his giant nationalization of the free system in America.  Our system is the best and most successful system in the world and we do not need to make the kind of changes Obama is advocating.  We need lower corporate taxes to attract business which creates jobs.  We do not need an all-intrusive government handing money out to her children so they can stay enslaved.  America’s financial strength was not built on the socialistic principles that have failed everywhere they have been implemented.  Economic pain really stinks, but sometimes it is necessary.  Every time we let the government protect us from every pain, it would be like having your mom and dad walking behind you all through life to catch you when you fall.  People have to fall, and people have to get up.  But we cannot live life without ever failing.  Even the greatest men in history failed time and again before they succeeded.

#4 The War in Iraq is being won. Whether or not you believe we should have gone to Iraq in the first place, the issue at this point would be leaving the country in a condition to maintain it’s stability so we would not have to go back in once again.  Obama fought against the surge and will not admit that the surge has worked.  For many weeks, McCain was one of the few politicians who advocated the surge, and it took a while for others to jump on board.  The surge has succeeded beyond everyone’s imagination, and those principles are what we need in Afghanistan.  That is the type of leadership I want in the Whitehouse.  I want a man who will stand up for what is right even when it is not popular.  McCain did that and will continue to do that.  Obama will continue to push for withdrawal of our troops, even on the verge of success and stabilization and even at the expense of the Iraqi people.

#3 The right to keep and bear arms as enumerated in the Bill of Rights is an individual right, not a collective right granted to the state. McCain has a strong record of protecting the individual right to keep and bear arms, and his opponent has the opposite record of trying to restrict the individual rights of Americans.  This is a major reason I am supporting John McCain for POTUS.  As a “bitter clinger“, I am offended and distrustful of any politician that thinks I am too stupid to protect myself and my family.  We should never trust our provision, whether for food, protection, or money to the government.  “FROM MY COLD DEAD HANDS!”  🙂

#2 John McCain is not Barack Obama. Unfortunately, this is one of the biggest selling points in this election.  McCain will not: sit down with terrorist heads of state and rogue dictators and negotiate; appoint tons of left wing federal judges; destroy the American economy; surround himself with far left advisers; submit to the will of the UN; make a move to restrict individual liberty like free speech, religious speech, and gun rights.  It’s not necessarily a good thing to run on the negative side in politics, but those of us on the right (which is right) do not have an inspiring choice this year.  McCain has no big ideas when it comes to inspiring the masses, but he sure has this going for him… HE’S NOT OBAMA.

#1 Because the innocent unborn must be protected. John McCain has had his share of issues and reasons to not receive my vote.  Most of which are his disappointing bipartisanship and the way he bends over backward to help the left wing Democrats accomplish their mission to raise taxes and weaken the American wage earner, but he has stood firm in support of the innocent unborn.  For this reason it is imperative for me, as a Christian and someone who wants to see life protected, to vote for John McCain for president.  No other issue is as volatile, and no other issue has been as firmly entrenched in our political fight.  This is the first time in years that we actually have a chance to make a difference.  With a minimum of two left wing judges coming off the court in the next 4 years due to retirement, and the court at a 5-4 balance in favor of the left, we can do something big this election.  With a president Obama, the courts left wing majority will be locked in place for possibly another 10 years or more.

There were plenty of other examples I could give to show you why I am supporting McCain in this election.  Please feel free to add to the list or to show why I am wrong.

5 Comments

Filed under money, politics, top 5, world events

Wednesday Quotable

With Senator Barack Obama’s response to “Joe the Plumber” revealing his position on hyper progressive taxes as a means of spreading the wealth, we no longer have to parse words. Obama’s plan is a form of socialism.

Senator Obama said,

“My attitude is that if the economy’s good for folks from the bottom up, it’s gonna be good for everybody. I think when you spread the wealth around, it’s good for everybody.”

I’ve said all along that I do not dislike Senator Obama. He seems like a decent guy. He’s likable, has a beautiful family, and he has ascended to positions of power in a relatively short time. But his policies are not pro-America, and they are certainly not just or fair. They are punitive to those who want to move from their current place or class to a higher position. They seek to “spread the wealth” and he actually said it out loud. Today’s quotable comes from one of our nation’s greatest presidents and an icon of labor, civil rights, and American patriots. Here is what President Abraham Lincoln would have to say in response to Senator Barack Obama:

“Property is the fruit of labor…property is desirable…is a positive good in the world. That some should be rich shows that others may become rich, and hence is just encouragement to industry and enterprise. Let not him who is houseless pull down the house of another; but let him labor diligently and build one for himself, thus by example assuring that his own shall be safe from violence when built.”

6 Comments

Filed under Blogging, money, politics, quotable

Friday Bottom 3: Bad Investments

From an article in the conservative voice, these were the worst investments in the market.

Beginning June of 1932, 1 Year negative 43.13%

Beginning May 1932, in 5 years negative -6.99%

Beginning in August 1939 after 10 Years only 0.67% growth.

Leave a comment

Filed under Bottom 3, money

Spontanious Thought

  • This morning, I enjoyed a breakfast I prepared at my house of scrambled eggs, sausage, and a slice of low carb toast with my mom at the church office.  The food was delicious, if I do say so myself.  My mom made the coffee and it was great.
  • The topic on everyone’s mind is the economy.  Who would have thought that this country could be so vulnerable?  It seems like the things we put our trust in can so easily fail, but only God does not fail.
  • Combined with a lack of available money in the banks, fear is one of the driving forces in this potential meltdown.  It’s the fear that if I don’t get my money out now, I will not be able to get my money at all.  So people will cash out of banks, money markets, mutual funds, etc, and the available liquid assets banks and lenders use to extend credit dries up.  Without the available credit to do normal business, and banks not having money to lend, it further drives people to pull their cash out.  When a bank cannot give you cash that is in your account, they go under.  When their is no available credit or liquid assets, corporations and businesses cannot pay employees, consumers cannot purchase goods, and the economy completely grinds to a halt.
  • It’s not uncommon for a bank to fail.  It has happened before.  It is not uncommon for homeowners to foreclose.  That happens at a fairly predictable pace.  What is not common in the US is double digit unemployment, foreclosures in the numbers we are seeing and will continue to see over the next couple years, and major investment firms folding over night due to a lack of liquid assets.  We are teetering on a true economic meltdown.
  • The $700 billion bailout (which would more likely be $1 to $1.5 trillion) would not really solve the problem.  The government claims that taxpayers would not get stuck with 100% of that bill.  They claim that there would be revenue from those toxic loans and mortgages as a percentage would continue to pay their mortgages, and the other homes that the government would foreclose on would be sold or rented for revenue.  I have a hard time believing that the government can efficiently sell or rent property at a rate that would bring in revenue, and even if they could I don’t believe that they would pay down any debt with that revenue.  They would find a way to spend it on something new.
  • I also believe in the free market.  I believe that there has to be pain in order for their to be healing.  Unfortunately, this problem seems to have stemmed from the Community Reinvestment Act, which mandated that banks and lenders approve mortgages for people and businesses who were under qualified as a way of extending “the American Dream” to everyone.
  • Just for the record, I don’t believe the American Dream is owning a house or anything like that.  The American Dream is the idea that no matter where I start in life, I have the right to pursue happiness, to attempt to better myself, to risk, and that I am not forced into a “class” the rest of my life.  But just because I put my hand out, say gimme, and declare that “yes I can” does not mean “yes I will” or “no I won’t”.  Nobody owes you or me anything by birth.  But greed has pushed us to the edge.
  • McCain has suspended his presidential campaign while he goes to DC to work on a fix to this mess.  I appreciate that even though it may end his chance to be president.  Obama continues to want to have the debate, McCain wants to work.  There is time for the debates later, but this crisis is happening now.  Talking about it will not get it done.  I am not interested in a talker or debater for president as much as I want someone who will get the hard work done that is needed.
  • If this is a political stunt, it will be exposed as such.  If this is not a political stunt, then shame on those who are saying that it is.  Obama could look to his senior colleague in the senate for guidance here.  Let’s do this thing right.

2 Comments

Filed under money, politics, thoughts, world events