Wednesday, April 15, 2009

Hope that you filed your taxes or asked for an extension

Yes, we all know that today is tax day that is our pay the IRS tax day or they paid you months ago! Funny about that the ones who are getting money back usually file early and those who have to pay wait until the last minute…mmm…Get those papers filed and postmarked by midnight tonight all you procrastinators who owe us taxpayers’ money!
Remember post offices have cut back on their hours due to trying to save us all some money, irony? I think not.

And that we also all know that many are having Tea Parties today too, which is a throw back to the original one in 1773 of Boston fame and it was a systematic reaction to taxation of the tea tax without representation. Our modern day Tea Parties are for a similar reasoning many are concerned with those billion dollar bailouts that all of us or our children, and grandchildren will be having to eventually pay back. The cry is for government to stop spending now and they are as mad a hell with governments overspending and don’t want to take it anymore…the famous line from the movie, Network, circa 1976, but the ravings and revelations there of a deranged ex-TV anchor.

Well, what a dilemma who knows what should be done to stop the bleeding of the financial markets banks, housing market foreclosures, joblessness etc.? Does anyone have the right answer?
I don’t, but I’m not that smart.
So even though all this seems terrible spending money to free up money I haven’t a logical thought in my mind in how to make it all work better or differently.
I just wish that some of these people who are so miserable with what is going on would tell the government how to handle the problem since they seem to know what to do, and that would be an enormous relief to me…whew!

Hypothetically, let’s say there hadn’t been any billion dollar bailouts what would be happening right now?
The evening news is reporting that things will be getting worse before it all gets better and so does the president.
The market fluctuates daily.
Although the numbers for resale homes are improving slowly and are now at a very much discounted price from the inflated ones a few years back that created the greedy market that caused most of our problems.
Does anyone remember how we got into this mess?
I remember one thing that didn’t help anyone but the ones looking for home equity and when those appraisers came in to the homes all over the country and upped the ante so to speak saying that they were all worth twice or trice what they actually were and allowed for those loans to go through to people who eventually wouldn’t be able to pay those monthly charges; I am sure that didn’t help anyone.
Then talk about greed on Wall Street all those big companies paying out those dividends that went higher and higher and allowed you all to get those new toys that you normally wouldn’t have thought of without those allowances in your pocket, why save, spend, spend and more spend.
ARM’s, adjustable rate mortgages allowed for a low borrowing rate but in a bad market those rates had percentage points allowed to go up, usually 3 to 5 percentage points causing that borrowed money to create havoc with those monthly bills, uh oh!
Where does all the money go? We all ask that question, and I do know it notoriously…you see I quit smoking nearly three years ago and besides for health reasons I did think it would save some money, but where’s the money?
I haven’t a clue; you see other things went up absorbing my savings that is my theory!

Turmoil is not going to stop in the near future with or without the bailouts I truly believe.
Realistically, we must all stop in our tracks and change our own way we think about money and try and save and pay cash or wait until we can, you get the idea.
It’s that serenity prayer thing change the things you can and accept what we can’t, in other words the past, even the recent past.

Lastly, pirates off the African Coast why is it that all those countries paid them instead of stopping them causing this behavior to continue. We shall try to stop them and my husband suggested putting a Navy carrier permanently posted in the region for protection, why not?

All suggestions gleefully accepted or willingly discussed or heck tell the people in government who count how to change things for the better! Letters, emails, bills to be passed are all effective ways to change things. Silence or protests without answers seems to me to be like a dull mode of non production, just complaining and not going to work!

On that note I will wish you all good night and to all count those blessings and I will too!

Speaking My Mind: Which way will the war go?

Speaking My Mind: Which way will the war go? :   My eyesight is going again... in case you missed it... Netanyahu snaps back against growing...