Showing posts with label Consumers. Show all posts
Showing posts with label Consumers. Show all posts

23 July 2009

Ron Paul: Right on the Money

This article from Ron Paul articulates the correct view of health care. In the market, health care is a good, not a right. Give this a read.

18 July 2009

Why tour when your boss won’t listen

According to a press release issued by the Rural America Solutions Group, a subset of the House GOP, Barry’s Energy Secretary Steven Chu and Ag Secretary Tom Vilsack will be in Danville,VA as part of a so-called listening tour through rural America. I repeat the question above. Why bother touring when your boss won’t listen to the voices in rural America.

With the passage of Waxman-Markey National Energy Tax in the House, Barack Obama is hell-bent on draining American’s wallets to promote George Soros’ agenda. Any fool can see that jobs will be lost if the Senate passes the bill in the same form as the House.

10 July 2009

Delusional?

Does Barack Obama really think that throwing away billions of American taxpayers’ hard earned dollars has done anything constructive? I suppose so according to this snippet. Coupled with the fact that the Waxman-Markey cap and tax regime that just passed the House, the question now becomes, does Barack Obama really know what he’s doing or is he just following George Soros’ instructions? (By the way, Move On believes the Waxman Markey bill does not go far enough.)

30 May 2009

Iacocca losing pension

 

 

Chrysler CEO Robert Nardelli told a U.S. bankruptcy court on Thursday that Iacocca's pension would be among the obligations Chrysler will no longer have to pay if it gets bankruptcy court approval to sell itself to a "New Chrysler" to be owned by its union, the U.S. and Canadian governments and Fiat SpA (FIA.MI).

Well, I won’t be buying Chrysler or Government Motors. Looks like Ford will be getting my business for a while. While some may see the restructuring of Chrysler as a God send, I say its a load of crap. Don’t believe me, how many of us could see this coming with the advent of Government Motors.

 

Meanwhile, the Kool-Aid is starting to take effect. The American people have started to lose all sense of reality, caught up in the hope and change that the Spender-in-Chief has sold them. You suckers!!!!

13 May 2009

Truck stop at Meadowview

UPDATE: The take from Washington County News on the split between residents.

 

The Washington County School Board passed a unanimous resolution opposing the construction of a Love’s Travel Center at Exit 24. This is the same exit at which the Meadowview Elementary School is located. While the jobs are needed in the community, there is tremendous cost associated with the construction of this truck stop.

1.) The road is very narrow and would require extensive reconstruction in order to accommodate the increased traffic. Will the developer pay for the renovation to the road?

2.) With the increase in traffic, what steps will be taken to ensure that Meadowview Elementary School will remain safe and relatively quiet for the students there?

3.) Comments have been made that eventually the school will close and move elsewhere. Has a feasibility study been made to that end?  What potential locations have been discussed along these lines?

 

Many supporters of the truck stop cite the need for jobs as the overriding factor in this equation. However, the potential impact on the school does need to be taken into consideration. Those who live in the Monroe District know that comparing this proposed truck stop and the one at Exit 29 is like comparing apples and oranges. The location of Meadowview Elementary is much closer to the interstate than is Glade Spring Middle School.  I believe this has been poorly thought out and the children in the school are going to pay the price for it.

Also, there is at least one individual who stands to personally gain from the construction of this truck stop. He owns a towing and repair business directly across from the proposed site and would see a dramatic increase in his personal business from it. That’s great. I have no problem with someone increasing their bottom line. Let’s just see that every angle has been covered

12 May 2009

An example

Now, the New York Times is not exactly my favorite newspaper. In fact, I wouldn’t normally even use it to line a litter box for a cat. However, there is an article that illustrates my point that I made in “Obama’s Credit Adventure.”

 

But Eddie Ward, 32 and jobless, may be one reason that rule of thumb no longer holds. For many lenders, losses are now starting to outpace layoffs.

Mr. Ward, of Arkansas, lost his job at a retail warehouse in April and so far has managed to make minimum payments on his credit card debt, which he estimates at $15,000 to $20,000. Asked whether he thinks he will be able to pay off his balance, he said, “Not unless I win the lottery.”

In the meantime, he said, “I’m just doing what I can.”

I am truly sorry that Mr. Ward lost his job. Many Americans are going through that right now. However, there are two points I’d like to make about his situation.

1.) He ESTIMATES his debt – People, unless you are absolutely destitute and have no home address at all, you should know EXACTLY what your credit card debt is. There should be no reason at all to have to estimate anything regarding your debt. My father taught me that if I had to use credit at all, that I should be able to pay what I owe at one time. That’s it. Know what you owe and when you owe it.

2.) Debt between $15,000 to $20,000. This is the lack of consumer responsibility I mentioned in the earlier post. Why in the world would you run up that much debt just on credit cards when you know it will come due. Oh, that’s right, let the banks just write it off. Please. A responsible consumer would use the credit cards at a minimum and even then would pay off every red cent that was due. I’m sorry, but if you don’t have enough foresight to understand that job loss could happen to you, you deserve what you get.  Should Mr. Ward continue to pay the minimum payments, he’ll be paying on that debt the rest of his life. The problem is not a lack of disclosures, but irresponsible consumers. Sometimes, the customer is NOT always right.