Questioning the Credit Rating Debacle

Questioning the Credit Rating Debacle

1) If the problem is spending, then why hasn’t the agreement cut spending today?

Cutting 1 or 2 Trillion dollars of spending over ten years does not address immediate problems.

spending problemBut it is even worse than that, as many credible commentaries have pointed out that much of the cuts come from assumptions that wars will not be waged in a few years.

In other words, spending that hasn’t taken place is being called a “cut” and being allowed to be counted. Not only is that money unspent, it’s allowed to be used for other purposes today, tomorrow and in the years to come.

Phantom cuts and supposed action in the future hasn’t confused those who control credit ratings. It hasn’t fooled the other major economic powers in the world. It hasn’t fooled anyone paying attention.

But the deal was made, the crisis used to force a deal made believers of both parties, and still, nothing positive happened and a tax-dodger who runs the Treasury is still in office.

How much sense does that make?

2) All this talk about revenue is a pathetic distraction.

One does not solve an addiction problem by providing more of the addiction, or allowing the addiction to continue. If the current situation is untenable, then why let it persist?

Yes, military spending is out of control, but what happened to ending those wars already established when we’re expanding to other war areas without even bothering to declare them?

Those with economic understanding know that taxes restrict growth, and that cutting taxes increases revenue.

The Laffer Curve isn’t a laughing matter when far too many sycophants believe that by raising taxes “on the rich” that the economy won’t be harmed, that ‘revenue’ will be increased and that revenue will solve the issue.

The problem is spending. If this government gets more money, will they curb what they are already spending, or simply spend more?

3) We’re seeing the shared blame game being played out.

cutting spendingStill, only one party has enough control to have derailed the agreements, and while the establishment wing of the GOP has caved horribly, they caved due to fear of the press and demagoguery by the propaganda of those in control of the government.

These days, cutting spending is called racism, as if expanding dependency, destroying families and causing undue unemployment (where minorities and women are hurt worst) is not.

Is it not an upside down world where dependency is called empowerment and self-sufficiency is called slavery?

4) The biggest joke of the agreement was that spending cuts would be further addressed by some combination of appointed lawmakers that haven’t been determined, that can and likely will meet in secrecy, and can enact their decisions without scrutiny.

Despite the fact that Congress is returning to all-time lows in terms of popularity, the Congress is accountable.

In 2006 many of the Republicans who started this mess were deemed responsible and booted out of office.

Since then the “Republican in Name Only” branch has been decimated in primaries and/or full elections.

Now, those in charge, and anyone who has full confidence in John Boehner has got to be misguided, are more than likely to be compromise minded and willing to cave in on the issues that would impact government gone wild the most.

Does anyone trust nameless bureaucrats to do the right thing?

5) Anyone else wondering why the Health Care law is not being fully addressed?

That railroading of a law is what turned out the TEA Party movement and began the transformation from “business as usual” to real efforts to curb government growth, restrain any attempts to increase taxation and take on the entitlements that are destroying this country via untenable debt.

Health Care is still poised to add many Trillions to debt, destroy the access Americans are expecting and the acquisition of a significant portion of the private workforce by the government will only make it much worse.

The longer Health Care is untouched, the worse it all becomes. It’s high time for conservatives to point out that Health Care is already costing dearly, and is not accomplishing anything other than granting unwelcome rights, processes and immorality to the public dole.

10 DIY Money Saving Tips

10 DIY Money Saving Tips

Nothing beats the satisfaction of doing something yourself. From fixing a garbage disposal to repairing a shingle on the roof, it’s all good. And money saving, of course.

The first year in my home I hired a plumber to replace a supply valve for one of the toilets. That’s the faucet that supplies the toilet tank with water. It cost me $85.00.

The following year, I bought a book, studied the procedure, and did it myself. The total cost, including tools, was less than $30. The tools are used all over the house. The replacement supply valve was less than $10.00.

I’ve been hooked on DIY ever since. One of the major things I’ve discovered is that DIY doesn’t have to break the bank, or you.

Most things that handy people can do are relatively safe. That allows the money saved to be used for those jobs requiring a pro.

Here are 10 DIY things you can do and save money:

1. Store bought bread as a plumbing aid

This trick is well-known among professional plumbers. I saw it used when I was a child, and have used it ever since.

When cutting a water pipe, even draining the entire plumbing system can leave enough water to have a drizzle or drip, making soldering impossible.

The answer? Take a piece of white store-bought bread, mash it up into a ball, and shove it into the pipe. Now solder in piece. When the water is turned back on, the bread dissolves and is flushed from the system harmlessly.

2. Toothpaste as spackle

This is another time-tested trick.

Also known as “poor-man’s spackle,” “college spackle” and other names, to repair holes from push pins and staples, take a tube of white toothpaste (cheap is good), squeeze out a small amount and work into the holes.

Allow to dry for 24 hours, and apply touch-up paint.

3. Plastic bags and paintbrushes

If painting is going to take longer than a day, don’t worry about cleaning your brush at the end of the day.

Place it in a plastic bag, squeeze the air out and place in the freezer. The next day, take the brush out, and use again.

4. Re-use paint thinner – it’s almost too easy

Paint thinner isn’t exactly cheap. However, it is easy to re-use. After cleaning your brushes, pour the used paint thinner into a plastic bottle and allow it to sit for a couple of days.

The paint will settle to the bottom, and by carefully pouring off the thinner, you can use it again and again.

5. Never buy expensive hand cleaners again

When I work on car engines or my bicycle chain, I no longer use expensive grease-cutting cleansers. I use Dawn dishwashing liquid, or other grease-cutting soap.

Greenpeace and PETA both use it on animals in oil spills. The same oil is used in cars and on bike chains. And it’s far cheaper than the expensive cleaners.

6. Use cooking oil to wash your hands

This sounds crazy, but housewives have used it for years. Use cooking oil, such as canola, to clean oil-based paint off your hands and arms.

Works like a charm. Again, save by not having to buy expensive cleaners- just cheap cooking oil. Get soft hands out of it, as well.

7. Never snake out hair clogs again.

This is a job everyone finds disgusting. Instead of trying to pry out hair clogs, pour a can of hair remover into the drain. Hair removers dissolve hair- drain cleaners don’t. Allow to sit anywhere from 15 minutes to overnight, then rinse down the drain.

8. Avoid grease clogs with ammonia

After several grease clogs from dense roommates, I decided that I would never convince some people grease doesn’t belong in my plumbing.

Since I needed the rent, I decided to try something I learned as a child by goofing around. Every month, (and when they lived in my home, every week), I poured a cup of ammonia in the drains before I went to bed.

The next morning, I used the sink as usual. No more grease clogs. (Of course, when they moved, my secret stayed with me. Now it’s yours.)

9. Quick fix for flat wheelbarrow tires

Stopping in the middle of a project to replace a wheelbarrow tire can send sparks of frustration through the roof. Instead, keep a can of spray insulation on hand.

Open a hole in the side of the tire, and spray to fill it. Allow it to set for a day or two, then use the wheelbarrow until you can get to the hardware store for a replacement.

10. Super-soak your trees

When applying dormant oil, bug spray or other treatment high into trees, don’t waste time hauling out heavy ladders and compromise your balance.

Purchase an inexpensive “super-soaker” type squirt cannon made for children and have fun instead.

Some of these toys hold a quart of water, so by using simple math you know just how much to mix with your sprayer and let your tree have it.

These sprayers easily send streams of water 15-30 feet, saving you a tremendous amount of time and money. Just remember to label it as yours and keep it with the garden tools.

It’s not hard to save money around the house. These easy tricks save time, effort, frustration and money.

Does My Credit Define Me?

Does My Credit Define Me?

Having an excellent credit rating seems to be a main focus in today’s society. If you want a great place to live, great car to drive, and a well paying job, then your credit needs to be stable. Having a negative credit standing can hinder you in an abundance of ways.

As I think back to my past college days, credit was the last thing I thought about. Being able to charge that beautiful pair of shoes that I saw the previous week was my main concern. Now that I am older and hopefully wiser, I understand that maintaining good credit is a necessary evil.

Today’s society has become totally dependent on using credit to purchase many items. Even if you do not have the cash upfront, you are still able to obtain your desired products through credit cards.

In order to have a home in a very desirable area, your credit will dictate if this is a possibility. Mortgage lenders do no want to lend money to someone with horrible credit. They would like a guarantee that you will not default on any loans and will pay the money back.

Possessing an excellent credit score shows them that you are capable of doing this and therefore worth the risk. Anyone that has ever had low or bad credit soon realize that the interest rates on loans can be brutal.

Credit standing is important even if you are not planning on buying a home and only want to rent an apartment or condo. Potential landlords will do a credit check to see if you are worthy of renting from them. It is almost as if your lease is considered to be a loan.

check creditThey are taking the chance of leasing property to you in the event that you will make monthly payments to them for rent. Some of them consider having a stable credit history will prove that you are not a high risk and will make on time payments on a regular basis.

Bad credit can prove to be a downfall for many potential renters. It can cause them to get denied and therefor loose out on the rental.

The latest area that I have noticed to be affected by credit standing is employment. Never in a million years did I think that having bad credit could cause anyone not to be hired. Most people feel that your credit history is a personal thing that has nothing to do with your work skills.

However, many employers feel differently. They consider doing a credit check as a normal part of the hiring process. By not demonstrating a good or excellent financial responsibility when it comes to bills, then you will possibly not perform well in the work place.

Employers will be hesitant about offering you the position because your debt level is way too much for the salary they are willing to offer you.

As I grow older, I begin to notice the mistakes of my youth can have a lasting effect. I am slowly but surely repairing the damage done to my credit status from earlier years.

Although I have never been turned down for employment because of my credit status, I know that I still need to improve it. Having poor credit is almost like having a sign on your back saying “I don’t pay bills”.

Now that I see my credit is improving, I feel less stress. No, my credit does not define me but it can slow my progress.