The following paragraph was taken from an article on yahoo. Interesting that in the article it says that the legislation will raise health care costs, not cut them. Democrats decided to go ahead with the legislation. Almost like everything else. Politically they can claim victory while causing Americans to suffer. This is what all politicians have become. They want to gain political victories instead of victories for the American people. They claim its a victory for all Americans, but we are getting hurt. So now we see our energy prices will go up and health care costs going up. Debt is skyrocketing and taxes are going up. If they tax employers more and raise costs on businesses to pay for this stuff then consumer prices will go up too.
Congressional Budget Office Director Douglas Elmendorf warned lawmakers the legislation that he has seen so far would raise costs, not lower them. Elmendorf was asked by Senate Budget Committee Chairman Kent Conrad, D-N.S., if the bills Congress is considering would "bend the cost curve." The budget director responded: "The curve is being raised."
http://news.yahoo.com/s/ap/us_health_care_overhaul;_ylt=ApiWo6uH8_lIXhImS8GgaFlAw_IE;_ylu=X3oDMTJpMGU1bHVyBGFzc2V0Ay9hcC91c19oZWFsdGhfY2FyZV9vdmVyaGF1bARjcG9zAzMEcG9zAzMEc2VjA3luX3RvcF9zdG9yaWVzBHNsawNob3VzZWRlbW9jcmE-
On the bright side my son had a baseball game on Thursday. He is learning to be a catcher and caught the first inning. He caught well. He also went 3 for 3 with a single and 2 triples. 8 RBI and 3 Runs scored. He pitched 2/3 of an inning striking out one. Band camp starts in 2 weeks.
At church they split our congregation. They have us going by geographic location. My subdivision is on the south side of the border. This means that friends from church a few minutes away go to a different building and at a different time. My only issue is when I need a ride for my kids during activities. I have friends on both sides, just the transportation issue for me is going to make it more difficult.
Thursday, July 16, 2009
Tuesday, July 14, 2009
Unemployment
Well here it is. I have been out of work for over 5 months. I talk to people I know all the time about positions that may be available. They all tell me the same thing. I checked and we are not hiring in that area right now. Every once in a while I get an email about a job they hear about, but I don't have an inside person. I can't work nights or weekends. I learn new things quickly. What I really want is a position where I can work as a Business Analyst for a financial company. It would be great if I got a position like that. I love finance and understand it and could couple it with my experience.
Supreme Court changes are always odd. It is funny how the law can be judged both liberally and conservatively. Abortion is a big issue of course. I am sure Obama asked the new judge if she was pro life or pro choice. He then told the Pope he wanted to reduce the number of abortions. He is pro choice, but I don't know if he feels that it is right. We need to not reduce abortions, but rather reduce unwanted pregnancies. So many kids today have issues cause they really were not wanted. They live with a relative. When my Grandmother died she was 83 and was taking care of her Great Grandchild. She got the shingles and died of emphysema.
I was against the way the first stimulus was done, they would have to really improve on the next one. And maybe even more important the health care. We need to reduce household spending on health. Our health system is great. We live longer than before. We are more conscious of our bodies and have the best medications. People don't smoke as much. People don't eat well either. I think the reduction of health spending is huge especially in the medicare system that much of our population is moving to. I would like to get insurance. I need it. I don't want a government run one though. Where your premiums would be tied to income and wasteful spending would occur. The system would be hammered by every President and Congress. Maybe if they did a subsidy it would be OK, but I do not see a government run insurance company working well. Like medicare it would eventually run out of money and everyone who doesn't use that health insurance would still be paying for it through taxes. Not a good idea.
Supreme Court changes are always odd. It is funny how the law can be judged both liberally and conservatively. Abortion is a big issue of course. I am sure Obama asked the new judge if she was pro life or pro choice. He then told the Pope he wanted to reduce the number of abortions. He is pro choice, but I don't know if he feels that it is right. We need to not reduce abortions, but rather reduce unwanted pregnancies. So many kids today have issues cause they really were not wanted. They live with a relative. When my Grandmother died she was 83 and was taking care of her Great Grandchild. She got the shingles and died of emphysema.
I was against the way the first stimulus was done, they would have to really improve on the next one. And maybe even more important the health care. We need to reduce household spending on health. Our health system is great. We live longer than before. We are more conscious of our bodies and have the best medications. People don't smoke as much. People don't eat well either. I think the reduction of health spending is huge especially in the medicare system that much of our population is moving to. I would like to get insurance. I need it. I don't want a government run one though. Where your premiums would be tied to income and wasteful spending would occur. The system would be hammered by every President and Congress. Maybe if they did a subsidy it would be OK, but I do not see a government run insurance company working well. Like medicare it would eventually run out of money and everyone who doesn't use that health insurance would still be paying for it through taxes. Not a good idea.
Thursday, July 9, 2009
Smart Voters
Here is an article on how independent voters are trending.
http://news.yahoo.com/s/politico/20090709/pl_politico/24717
I feel the same way. The debt is mounting. I think Americans are now seeing that policies that run a deficit are difficult to get out of. Clinton did a very good job, but he was more of a moderate Democrat than a liberal one. It costs like $100 million a month for the economic stimulus package in debt. Citizens need to get out of debt quickly. The time is coming when all this will bite us all. When that happens the we need to have cash to survive. I think this is resonating with many Americans as they see what happens when they owe $200K for a house worth $140K. The government is going down the same road. Democrats in congress have had 3 years to make an impact and have done nothing but drive up spending. This might have a lot to do with the voters shift in attitude. Independent voters are going to vote for who they feel will help the most. Usually its against the Presidents party.
http://news.yahoo.com/s/politico/20090709/pl_politico/24717
I feel the same way. The debt is mounting. I think Americans are now seeing that policies that run a deficit are difficult to get out of. Clinton did a very good job, but he was more of a moderate Democrat than a liberal one. It costs like $100 million a month for the economic stimulus package in debt. Citizens need to get out of debt quickly. The time is coming when all this will bite us all. When that happens the we need to have cash to survive. I think this is resonating with many Americans as they see what happens when they owe $200K for a house worth $140K. The government is going down the same road. Democrats in congress have had 3 years to make an impact and have done nothing but drive up spending. This might have a lot to do with the voters shift in attitude. Independent voters are going to vote for who they feel will help the most. Usually its against the Presidents party.
Wednesday, July 1, 2009
Credit Card Legislation
I need to talk about this new legislation which was done in order to protect credit card users. Here is the big issue with the new law. It was written to protect those who have a balance, not those who are responsible and pay off their balance monthly. So since I pay off my balance monthly and do not pay interest these credit card companies are going to hammer me with new fees. The new law does not prevent this. Here is a link to an article on USAToday. http://www.usatoday.com/money/perfi/credit/2009-05-20-credit-cards_N.htm?obref=obinsite
The fees I am expecting are reduction in rewards. I use a credit card which I get cash from equating 1 or 5 percent depending on the purchase. So every few months I get a check. Well that will probably go down to a small amount. I can't count on 5% on certain things anymore. I will also pay an annual fee. I have 2 credit cards I never use. I will end up canceling them to avoid paying for something I don't use. One of them I got 17 years ago.
There is a price to pay, but this law was to protect those that are in over their heads not the responsible users. Why is it that our government is so into helping everyone in trouble that they will not help those that are not in trouble from getting into trouble. There are no restrictions in the law to keep credit card companies from just creating new fees. So instead of interest that they can't charge or the transaction fee they charge retailers they will just fee the consumer. Brilliant. While I am sure this legislation will help the majority. It is going to cost me money. I will let you know when it does.
The fees I am expecting are reduction in rewards. I use a credit card which I get cash from equating 1 or 5 percent depending on the purchase. So every few months I get a check. Well that will probably go down to a small amount. I can't count on 5% on certain things anymore. I will also pay an annual fee. I have 2 credit cards I never use. I will end up canceling them to avoid paying for something I don't use. One of them I got 17 years ago.
There is a price to pay, but this law was to protect those that are in over their heads not the responsible users. Why is it that our government is so into helping everyone in trouble that they will not help those that are not in trouble from getting into trouble. There are no restrictions in the law to keep credit card companies from just creating new fees. So instead of interest that they can't charge or the transaction fee they charge retailers they will just fee the consumer. Brilliant. While I am sure this legislation will help the majority. It is going to cost me money. I will let you know when it does.
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