Thursday, February 12, 2009

Eight is more than enough

“Eight is more than enough,” said Meghan Daum in the Chicago Tribune. Last week’s news that Nadya Suleman, 33, had given birth to eight healthy babies was broken by “grinning doctors” at a California hospital who seemed to want medals for their accomplishment, “but this should not be a cause for celebration.” What started as a feel-good human-interest story “quickly curdled into an ethical morass,” said Sarah Hepola in Salon.com, as it emerged that Suleman is not only unmarried and unemployed—inconvenient, when your annual diaper bill alone is $7,000—but has six children already.
Does that really make her crazy? said Brian Reid in WashingtonPost.com. Granted, most of us wouldn’t want 14 kids, but it’s not my job—or yours—to decide on “an acceptable number” for some other person.
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Yes it is mine and the countries best interest to be able to tell this person she cannot have more kids. I mean come on. 14? What are you some kind of Angelina Jolie freak? How can she possibly think she is going to be able to take care of these kids without govt help.

Wednesday, February 11, 2009

WHAT?

"We have a hard-earned reputation for frugality, not extravagance," said Ken Lewis, CEO of Bank of America

What? Excuse me. Did those words just come out of your mouth?

Tuesday, February 3, 2009

Bonds -- Asbury Bond going on sale.

I have decided to start selling bonds. The government and businesses get to do it. So can I. Effective March1st 2009 I will be offering 100 bonds for sale. Starting bids begin at $100,000 each. Here are the terms. You will be paid back in 40 years*. The yield will be 8%*. Now because I might be dead and not have saved the money needed to pay back the investors my estate will have the option to sell more bonds to pay back the first ones. In fact I may do this throughout my life when ever I need money. I think these bonds are going to be the wave of the future and you won't want to miss out of such a great opportunity. How can I ensure you will see a return? I can't. Neither can the government. So all you suckers out there get in touch with me and I'll tell you how to send payment. I only accept cash.



* Look, a little star to tell me everything is misleading and foolish and you will not be making any money.

Thursday, January 29, 2009

Economy -- bail out?

As I see it our government is bailing out the wrong end of the population. If we had money to spend then companies would hire more people and make more jobs to sell more stuff to make more profit. Yet the government seems to think you have to give money to the companies and create the jobs first. Isn't that the reverse concept of supply and demand? If I don't have the money or desire to buy your product then i won't buy it no matter how many people you hire and how many widgets you make. Where did that get us? It got us in debt up to our eyeballs. Credit was extended so that people could continue to buy more stuff and in turn kept people employed. But these people could not afford to pay back what they purchased. If all we want is more stuff why not do away with money all together and as long as you can prove you are being a productive citizen you get free stuff. So here we are with the government bailing out the largest companies in the world with billions of dollars to cover bad assets. Sounds to me like all we are doing is helping to prop up where we were before. These large companies will use the money to pay off these assets. Now the company looks better on the books. However many Americans still will not have jobs? If they want to buy something they will have to get a loan. Sound familiar? Now the cycle starts all over again. If this is really the way it works then I feel sorry for our children and grandchildren.