Saturday, March 28, 2020

Where Government Dollars Go

In 2007 the national debt was $9 trillion, today it’s $23 trillion. Where did all of that money go? To the top 10% of course. As time goes on they get richer and richer.

These investors/gamblers took a chance, they were wrong, but will still win. This could be a great time for people who have been shut out of the investment world to be able to buy into companies they believe in. But the wealthy aren’t fans of that idea at all. So the wealthy get their friends in government to borrow money on all of our behalf’s, cut small checks for the masses and practically blank checks for the wealthy and try to get things back to how they were as fast as possible. Instead of letting stock prices drop and allow more people access to investing, the wealthy are capitalizing on the opportunity to take even more for themselves at the expense of everyone else.

Part of the solution is to get every senator and house representative that voted yes to the bailout out of office. They’ve shown us who their allegiance is to. 

Friday, March 20, 2020

When Money Meets Politics

10% of Americans own 80% of US stocks. The same people that oppose the $68B we give citizens annually for food are clamoring for the $700B+ made available by their friends in public office. It’s not that the 10% need 10 times as much food, they need yachts, mansions, servants, jets, etc. The bailout bill was turned into law within 24 hours of being introduced. 60% of Americans have wanted legal cannabis for years and it’s still a Schedule I drug. 10% of the population sees their wealth drop by 20% and within days, they’re having the rest of the nation pay for their losses. In 2030, when they own 90% of all stocks and prices drop, let them. If they aren’t sharing the profit, then let them keep the losses. Refuse to re-elect any politician that voted to give your future earnings to the wealthiest among us.

Thursday, March 19, 2020

Bailing Out Selfish Failures

Executives and board members chose bonuses and stock options vs. building emergency funds. Over the last 10 years, they gambled with the businesses they were entrusted to run, they took trillions of dollars off the table, and now want to keep their positions of power as taxpayers cover their losses. Executives should have to use their own money before taking ours. If they refuse to pay for their own mistakes, then why should we? The people running these corporations have failed their shareholders. Letting them keep their money and jobs validates, condones and applauds their selfish behavior. 

Necessary Purchases

Before putting that item in your grocery cart make sure that it’s out of necessity and not an emotion, like fear, uncertainty, or panic. When you do the right thing, it gives other people the opportunity to follow your lead.

Regarding people overbuying to the point where they’re throwing away large amounts of spoiled food, I’m just glad I don’t suffer from whatever it is that they do.