Comments for My Budget 360 http://www.mybudget360.com Investing ideas for preserving wealth in a fluctuating market. Sat, 07 Nov 2009 13:38:50 +0000 http://wordpress.org/?v=2.7.1 hourly 1 Comment on Bankruptcy Filings to Match Divorce Filings in 2009: 1.5 Million. 35.8 Million Americans on Food Stamps - 11 Percent of the Population. The 5 Indicators of the Misery Index. by Melisande Luna http://www.mybudget360.com/bankruptcy-filings-to-match-divorce-filings-in-2009-15-million-358-million-americans-on-food-stamps-11-percent-of-the-population-the-5-indicators-of-the-misery-index/comment-page-1/#comment-15592 Melisande Luna Thu, 05 Nov 2009 18:03:49 +0000 http://www.mybudget360.com/?p=1381#comment-15592 Hey, there's no denying that low, low prices have mucho appeal. Imagine a store where aisles and aisles of low, low prices offered countless bargains to help stretch our anorexic dollars out. Wouldn't you want to shop there? Doesn't it sound like a wonderful place? That's progress, baby! Much like a squamous cell growth will progress into sarcoma, the problem with the expansion of Wal-Mart isn't its low prices. The problem with Wal-Mart is that Wal-Mart is on the US corporate welfare dole. Taxpayer subsidies are the reason Wal-Mart is building SuperCenters everywhere while still offering us those low, low price tags we all love so darned much. Feel the progress yet? In spite of the fact that Wal-Mart appears to offer contributions to a community, such as Sam's Club, employment for the retired, welfare-to-work, and developmentally disabled employee, that doesn't change the fact that these charitable gestures result in HUGE corporate tax breaks. Wal-Mart's massive profit margin allows them to offer low, low prices earned off of the sweat of an immense group of disenfranchised, non-union workers who are paid low, low wages and worked just enough low, low hours to not qualify for health insurance, ever. One result of Wal-Mart's "passing the savings on to you" employer policies is that a vast many of Wal-Mart's employees are eligible for Medicare, food stamps, welfare, and earned income tax credits. In fact, the annual amount of tax money spent to subsidize the low, low wages of every single Wal-Mart retail employee is estimated to be as high as $14,000 each, and no less than $6,000. With all those hidden taxpayer subsidies underwriting the Supersizing of Wal-Mart, doesn't it seem like those low, low prices are climbing? I'm seeing the growth; where's the progress? The low, low tactics don't stop there, friends and neighbors, Washington DC researchers, JobsFirst, has compiled documents that account for over one billion dollars in direct US government subsidies given to Wal-Mart since 1980, which doesn't take into account the taxpayer funds spent on employee welfare subsidies. Evidently, Wal-Mart is the largest US corporate beneficiary of US government grants, tax waivers, abatements, exemptions, easements, bonds, sales tax incentives, employee training allotments, infrastructure, access roads, utilities, etc. Why, there's an entire eight-lane freeway out in Oklahoma that dead ends at a Wal-Mart distribution center. No potholes in it either. Just try to get the government to fix the potholes on your street. Since a great many of my neighbors are Republicans, I won't even attempt to sway you with liberal-media borne tales of Wal-Mart's profiteering on the backs of child laborers in China, or what a threat China is becoming to the American economy, or how all of our jobs are being outsourced via operations similar to Wal Mart's. We'll worry about the sociopolitical economic concerns of ruinous foreign and domestic policies, later. For now, it's time to address our government's dirty dealing corporate welfare subsidy cards to Wal-Mart cons so they can play low,low price Monty with the easily bamboozled American shills, er...taxpayers. When that happens, and the State is sponsoring it, it's not an economic system based on free-market capital anymore, it's state-sponsored monopocapitalism, or, more simply put, fascism. It's a cancer. Comprende? I didn't think so. Listen, do y'all think you'll be rapturing along soon or waking the heck up or at least try reading a different book for once? I'm darned tired of hearing you pro-death-penalty-pro-interfering-with-other-peoples'-lives-pro-lifers using Jesus as a some sort of Morality-- brand-name logo icon to defend the rightness of your right-wing righteousness, the likes of which is apparently comprised of some pretty god darned unchristian works: elitism, war, depleted uranium, envy, sloth, greed, voting to eliminate social programs for the poor while simultaneously blathering on about your right to purchase cheap plastic garbage from a cracked back megasuper sto rich on welfare! Class dismissed, retardos. Like, amen, or whatever. Hey, there’s no denying that low, low prices have mucho appeal. Imagine a store where aisles and aisles of low, low prices offered countless bargains to help stretch our anorexic dollars out. Wouldn’t you want to shop there? Doesn’t it sound like a wonderful place? That’s progress, baby!

Much like a squamous cell growth will progress into sarcoma, the problem with the expansion of Wal-Mart isn’t its low prices. The problem with Wal-Mart is that Wal-Mart is on the US corporate welfare dole. Taxpayer subsidies are the reason Wal-Mart is building SuperCenters everywhere while still offering us those low, low price tags we all love so darned much. Feel the progress yet?

In spite of the fact that Wal-Mart appears to offer contributions to a community, such as Sam’s Club, employment for the retired, welfare-to-work, and developmentally disabled employee, that doesn’t change the fact that these charitable gestures result in HUGE corporate tax breaks.

Wal-Mart’s massive profit margin allows them to offer low, low prices earned off of the sweat of an immense group of disenfranchised, non-union workers who are paid low, low wages and worked just enough low, low hours to not qualify for health insurance, ever.

One result of Wal-Mart’s “passing the savings on to you” employer policies is that a vast many of Wal-Mart’s employees are eligible for Medicare, food stamps, welfare, and earned income tax credits. In fact, the annual amount of tax money spent to subsidize the low, low wages of every single Wal-Mart retail employee is estimated to be as high as $14,000 each, and no less than $6,000.

With all those hidden taxpayer subsidies underwriting the Supersizing of Wal-Mart, doesn’t it seem like those low, low prices are climbing? I’m seeing the growth; where’s the progress?

The low, low tactics don’t stop there, friends and neighbors, Washington DC researchers, JobsFirst, has compiled documents that account for over one billion dollars in direct US government subsidies given to Wal-Mart since 1980, which doesn’t take into account the taxpayer funds spent on employee welfare subsidies. Evidently, Wal-Mart is the largest US corporate beneficiary of US government grants, tax waivers, abatements, exemptions, easements, bonds, sales tax incentives, employee training allotments, infrastructure, access roads, utilities, etc. Why, there’s an entire eight-lane freeway out in Oklahoma that dead ends at a Wal-Mart distribution center. No potholes in it either. Just try to get the government to fix the potholes on your street.

Since a great many of my neighbors are Republicans, I won’t even attempt to sway you with liberal-media borne tales of Wal-Mart’s profiteering on the backs of child laborers in China, or what a threat China is becoming to the American economy, or how all of our jobs are being outsourced via operations similar to Wal Mart’s. We’ll worry about the sociopolitical economic concerns of ruinous foreign and domestic policies, later.

For now, it’s time to address our government’s dirty dealing corporate welfare subsidy cards to Wal-Mart cons so they can play low,low price Monty with the easily bamboozled American shills, er…taxpayers. When that happens, and the State is sponsoring it, it’s not an economic system based on free-market capital anymore, it’s state-sponsored monopocapitalism, or, more simply put, fascism. It’s a cancer. Comprende?

I didn’t think so.

Listen, do y’all think you’ll be rapturing along soon or waking the heck up or at least try reading a different book for once? I’m darned tired of hearing you pro-death-penalty-pro-interfering-with-other-peoples’-lives-pro-lifers using Jesus as a some sort of Morality– brand-name logo icon to defend the rightness of your right-wing righteousness, the likes of which is apparently comprised of some pretty god darned unchristian works: elitism, war, depleted uranium, envy, sloth, greed, voting to eliminate social programs for the poor while simultaneously blathering on about your right to purchase cheap plastic garbage from a cracked back megasuper sto rich on welfare!

Class dismissed, retardos. Like, amen, or whatever.

]]> Comment on Dow Jones Largest Fall Since April of 2009: Current Rally based on V-Shaped Recovery Hopes and Sustained Spending. Credit Card Mail Offers Fall from 2.1 billion in Q3 of 2006 to 391 million in Q3 of 2009. by sharonsj http://www.mybudget360.com/dow-jones-largest-fall-since-april-of-2009-current-rally-based-on-v-shaped-recovery-hopes-and-sustained-spending-credit-card-mail-offers-fall-from-21-billion-in-q3-of-2006-to-391-million-in-q3-of/comment-page-1/#comment-15590 sharonsj Thu, 05 Nov 2009 16:24:13 +0000 http://www.mybudget360.com/?p=1368#comment-15590 Where did you get those numbers for fuel, electric and gas? Is the fuel gasoline for a car or heat for a house? Heating my home with propane in the winter runs $400 a month or more. If I switched to electric, it would be the same. That's why I cannot afford health insurance or even homeowners insurance. That's why my food bills are about $30 a week, because I have to cut back wherever I can. Where did you get those numbers for fuel, electric and gas? Is the fuel gasoline for a car or heat for a house? Heating my home with propane in the winter runs $400 a month or more. If I switched to electric, it would be the same. That’s why I cannot afford health insurance or even homeowners insurance. That’s why my food bills are about $30 a week, because I have to cut back wherever I can.

]]> Comment on Bankruptcy Filings to Match Divorce Filings in 2009: 1.5 Million. 35.8 Million Americans on Food Stamps - 11 Percent of the Population. The 5 Indicators of the Misery Index. by Doug Ward http://www.mybudget360.com/bankruptcy-filings-to-match-divorce-filings-in-2009-15-million-358-million-americans-on-food-stamps-11-percent-of-the-population-the-5-indicators-of-the-misery-index/comment-page-1/#comment-15583 Doug Ward Thu, 05 Nov 2009 10:30:36 +0000 http://www.mybudget360.com/?p=1381#comment-15583 Amurkastan indeed wasn't like that pre Walmart. HOWEVER. Americans are idiots that continually vote against their own best interest....including making Walmart the #1 retailer. Notice that the same idiots that frequent the Walmart vote republicanT. I left the US, and got out of the dollar, after El Idioto was allowed to steal his second term. Best move I ever made. I actually still try to buy some American goods. Mostly from my pals in the outdoor sporting goods industry. Most of those guys are old now and the younger ones have already shipped out so that's nearly over too. America is history. Another fallen Empire due to greed and ignorance. Amurkastan indeed wasn’t like that pre Walmart.
HOWEVER. Americans are idiots that continually vote against their own best interest….including making Walmart the #1 retailer.
Notice that the same idiots that frequent the Walmart vote republicanT.

I left the US, and got out of the dollar, after El Idioto was allowed to steal his second term.
Best move I ever made.

I actually still try to buy some American goods. Mostly from my pals in the outdoor sporting goods industry. Most of those guys are old now and the younger ones have already shipped out so that’s nearly over too. America is history. Another fallen Empire due to greed and ignorance.

]]> Comment on Bankruptcy Filings to Match Divorce Filings in 2009: 1.5 Million. 35.8 Million Americans on Food Stamps - 11 Percent of the Population. The 5 Indicators of the Misery Index. by madmilker http://www.mybudget360.com/bankruptcy-filings-to-match-divorce-filings-in-2009-15-million-358-million-americans-on-food-stamps-11-percent-of-the-population-the-5-indicators-of-the-misery-index/comment-page-1/#comment-15559 madmilker Wed, 04 Nov 2009 12:58:30 +0000 http://www.mybudget360.com/?p=1381#comment-15559 Retail makes NOTHING but those 15 Cargo Ships emit as much pollution as 760 MILLION AUTOMOBILES. The American taxpayers pay $9 billion in HIDDEN TAXES jus to clean the fish out of ballast tanks of ships. If the American consumer keeps spending George Washington to a foreign land for so-call cheap items....he can't help the American people being stuck in a foreign bank. America was NOT like tis before Wal*Mart. Retail makes NOTHING but those 15 Cargo Ships emit as much pollution as 760 MILLION AUTOMOBILES.

The American taxpayers pay $9 billion in HIDDEN TAXES jus to clean the fish out of ballast tanks of ships.

If the American consumer keeps spending George Washington to a foreign land for so-call cheap items….he can’t help the American people being stuck in a foreign bank.

America was NOT like tis before Wal*Mart.

]]> Comment on Does a College Degree Protect your Career? Unemployment Rate for College Graduates Highest on Record. by John http://www.mybudget360.com/does-a-college-degree-protect-your-career-unemployment-rate-for-college-graduates-highest-on-record/comment-page-1/#comment-15447 John Mon, 02 Nov 2009 14:35:03 +0000 http://www.mybudget360.com/?p=1181#comment-15447 An expensive 4 year college degree is worth it as long as you choose the correct major. I graduated as an electrical engineer with significant coursework in Finance in May of 2008 and I have a great job at a Bank. But classmates of mine with art history majors are surprisingly unemployed. Perhaps if they had thought about their job prospects 4 years earlier then they would have realized that their major was only for their own satisfaction. An expensive 4 year college degree is worth it as long as you choose the correct major. I graduated as an electrical engineer with significant coursework in Finance in May of 2008 and I have a great job at a Bank. But classmates of mine with art history majors are surprisingly unemployed. Perhaps if they had thought about their job prospects 4 years earlier then they would have realized that their major was only for their own satisfaction.

]]> Comment on Federal Reserve System: 12 Regional Banks with 1 Central Power Base. The New York Fed. Over 70 Percent of Assets with New York Fed. by a brother http://www.mybudget360.com/federal-reserve-system-12-regional-banks-with-1-central-power-base-the-new-york-fed-over-70-percent-of-assets-with-new-york-fed/comment-page-1/#comment-15391 a brother Sun, 01 Nov 2009 14:19:06 +0000 http://www.mybudget360.com/?p=1300#comment-15391 Man, after all you wrote here you just need a pinch to wake up for the real deal.The americans must start connecting the dots otherwise they will be enslaved by the New World Order junkies at the top.9/11, the oil buisness, the war on terror, the crisis, the banking system, the epidemics, the UN... and you still live in a fantasy world, you just keep wallowing in iconomic gibberish.Just open your eyes for the truth, damn it!Get out of that fucking matrix! http://www.youtube.com/watch?v=7nD7dbkkBIA Rockefeller Reveals 9/11 FRAUD to Aaron Russo http://www.youtube.com/watch?v=YGAaPjqdbgQ Reflections And Warnings - An Interview With Aaron Russo {Full Film} http://caps.fool.com/Blogs/ViewPost.aspx?bpid=281558&t=01004300714753327710 Alex Jones:The Fall of the Republic The Presidency of Barack H. Obama http://www.youtube.com/watch?v=eAaQNACwaLw&feature=fvst The Obama Deception HQ Full length version http://www.youtube.com/watch?v=0bt7HKdxYcI TRUTH RISING - complete, all in one video http://www.youtube.com/watch?v=GNfQOFlhJLw Alex Jones-Terrorstorm Final Cut Part 1 of 14 http://www.youtube.com/watch?v=jM6US0Qk5_8 Endgame:HQ Full Video- Blueprint For Global Enslavement http://www.youtube.com/watch?v=mgLSOgNbM3I&feature=related Alex Jones-Matrix Of Evil Part 1 of 12 http://www.youtube.com/watch?v=zYZxU2DazL4 Martial Law 9/11:Rise of a Police State 1/18 http://www.youtube.com/watch?v=7E3oIbO0AWE 911 Loose Change (full-length) http://www.youtube.com/watch?v=NgdJFeHVa-U&feature=PlayList&p=DE20517A895D5572&index=0 The Clinton Chronicles part 1 of 10 http://www.youtube.com/watch?v=Odp1FO0Vmuw 9/11 Coincidences (Part One) http://www.youtube.com/watch?v=inyCkCvqRO0&feature=related A BURIED 60 Minutes INTERVIEW / INDICTMENT http://www.youtube.com/watch?v=UeY05iS5iv0&feature=related Saddam Hussein - The Trial you will never see Man, after all you wrote here you just need a pinch to wake up for the real deal.The americans must start connecting the dots otherwise they will be enslaved by the New World Order junkies at the top.9/11, the oil buisness, the war on terror, the crisis, the banking system, the epidemics, the UN… and you still live in a fantasy world, you just keep wallowing in iconomic gibberish.Just open your eyes for the truth, damn it!Get out of that fucking matrix!

http://www.youtube.com/watch?v=7nD7dbkkBIA
Rockefeller Reveals 9/11 FRAUD to Aaron Russo

http://www.youtube.com/watch?v=YGAaPjqdbgQ
Reflections And Warnings - An Interview With Aaron Russo {Full Film}

http://caps.fool.com/Blogs/ViewPost.aspx?bpid=281558&t=01004300714753327710
Alex Jones:The Fall of the Republic The Presidency of Barack H. Obama

http://www.youtube.com/watch?v=eAaQNACwaLw&feature=fvst
The Obama Deception HQ Full length version

http://www.youtube.com/watch?v=0bt7HKdxYcI
TRUTH RISING - complete, all in one video

http://www.youtube.com/watch?v=GNfQOFlhJLw
Alex Jones-Terrorstorm Final Cut Part 1 of 14

http://www.youtube.com/watch?v=jM6US0Qk5_8
Endgame:HQ Full Video- Blueprint For Global Enslavement

http://www.youtube.com/watch?v=mgLSOgNbM3I&feature=related
Alex Jones-Matrix Of Evil Part 1 of 12

http://www.youtube.com/watch?v=zYZxU2DazL4
Martial Law 9/11:Rise of a Police State 1/18

http://www.youtube.com/watch?v=7E3oIbO0AWE
911 Loose Change (full-length)

http://www.youtube.com/watch?v=NgdJFeHVa-U&feature=PlayList&p=DE20517A895D5572&index=0
The Clinton Chronicles part 1 of 10

http://www.youtube.com/watch?v=Odp1FO0Vmuw
9/11 Coincidences (Part One)

http://www.youtube.com/watch?v=inyCkCvqRO0&feature=related
A BURIED 60 Minutes INTERVIEW / INDICTMENT

http://www.youtube.com/watch?v=UeY05iS5iv0&feature=related
Saddam Hussein - The Trial you will never see

]]> Comment on Credit Card Companies Evolving Revenue Streams: Penalty for Paying on Time, 79.9% Annual Fee, Rising Charge Offs. The New Credit Card Revenue Streams. by Carol Price http://www.mybudget360.com/credit-card-companies-evolving-revenue-streams-penalty-for-paying-on-time-799-annual-fee-rising-charge-offs-the-new-credit-card-revenue-streams/comment-page-1/#comment-15376 Carol Price Sun, 01 Nov 2009 08:31:48 +0000 http://www.mybudget360.com/?p=1342#comment-15376 I know of a friend who racked up $ 18,000 on a credit card that he had used for many years. He stopped paying and was sued by the company (American Express, I believe). In discovery, he demanded to see proof of the original agreement that he had signed, to prove that he did, indeed, have an agreement and what the terms were back then. It was so long ago, that the credit card issuer could not produce the agreement, and the case was dismissed for lack of this verification. He walked away from all that credit card debt, and the company could not collect by getting a judgment. A good strategy to keep in mind for those who have had a credit card for a very long time. Note- many foreclosures are being set aside by judges precisely because the bank suing the homeowner cannot produce the original promissory note. The note is necessary to prove that the bank is the present holder of the note, and therefore has standing to bring a lawsuit for repossession of the property. Especially see the opinion of federal district Judge Christopher Boyko in a 2007 case entitled In Re Foreclosure Cases. This opinion is posted on the website of the Northern District of Ohio federal court website. The Lexis number is 84011. It is a very instructive case, and a hilarious read. This strategy is being used successfully by lawyers all across the country. Mortgages have been sold and resold, even carved up between numerous investors, who then resold parts of a mortgage, so the original promissory note is long gone, and unobtainable. No note, no right to sue for foreclosure. I hope this post helps someone who is about to lose their home, or is being sued by a credit card issuer. I know of a friend who racked up $ 18,000 on a credit card that he had used for many years. He stopped paying and was sued by the company (American Express, I believe). In discovery, he demanded to see proof of the original agreement that he had signed, to prove that he did, indeed, have an agreement and what the terms were back then.
It was so long ago, that the credit card issuer could not produce the agreement, and the case was dismissed for lack of this verification. He walked away from all that credit card debt, and the company could not collect by getting a judgment. A good strategy to keep in mind for those who have had a credit card for a very long time.
Note- many foreclosures are being set aside by judges precisely because the bank suing the homeowner cannot produce the original promissory note. The note is necessary to prove that the bank is the present holder of the note, and therefore has standing to bring a lawsuit for repossession of the property.
Especially see the opinion of federal district Judge Christopher Boyko in a 2007 case entitled In Re Foreclosure Cases. This opinion is posted on the website of the Northern District of Ohio federal court website. The Lexis number is 84011. It is a very instructive case, and a hilarious read.
This strategy is being used successfully by lawyers all across the country. Mortgages have been sold and resold, even carved up between numerous investors, who then resold parts of a mortgage, so the original promissory note is long gone, and unobtainable. No note, no right to sue for foreclosure.
I hope this post helps someone who is about to lose their home, or is being sued by a credit card issuer.

]]> Comment on How 56.5 Million Households Live: $52,000 Median Household Income in 2009 Crushed by a Decade of Debt. A Decade of Lost Wages and Financial Debt Servitude. by JJ http://www.mybudget360.com/how-565-million-households-live-52000-median-household-income-in-2009-crushed-by-a-decade-of-debt-a-decade-of-lost-wages-and-financial-debt-servitude/comment-page-1/#comment-15222 JJ Thu, 29 Oct 2009 22:46:42 +0000 http://www.mybudget360.com/?p=1360#comment-15222 Where did you get this information from? No one I know makes $100,000 or even $50,000. At the height of my corp. "career" I was making $32,000 before taxes. I live in Manhattan and more than half of that went to pay rent, gas & electric, transportation, etc. And if I had anything left food. I also was a single parent. I think you are out of touch with real folks. Or the statistics you found have been "inflated". Where did you get this information from? No one I know makes $100,000 or even $50,000. At the height of my corp. “career” I was making $32,000 before taxes. I live in Manhattan and more than half of that went to pay rent, gas & electric, transportation, etc. And if I had anything left food. I also was a single parent. I think you are out of touch with real folks. Or the statistics you found have been “inflated”.

]]> Comment on How 56.5 Million Households Live: $52,000 Median Household Income in 2009 Crushed by a Decade of Debt. A Decade of Lost Wages and Financial Debt Servitude. by t b http://www.mybudget360.com/how-565-million-households-live-52000-median-household-income-in-2009-crushed-by-a-decade-of-debt-a-decade-of-lost-wages-and-financial-debt-servitude/comment-page-1/#comment-15218 t b Thu, 29 Oct 2009 18:43:07 +0000 http://www.mybudget360.com/?p=1360#comment-15218 unemployment is about double the official lying govt numbers. unemployment is about double the official lying govt numbers.

]]> Comment on How 56.5 Million Households Live: $52,000 Median Household Income in 2009 Crushed by a Decade of Debt. A Decade of Lost Wages and Financial Debt Servitude. by t b http://www.mybudget360.com/how-565-million-households-live-52000-median-household-income-in-2009-crushed-by-a-decade-of-debt-a-decade-of-lost-wages-and-financial-debt-servitude/comment-page-1/#comment-15217 t b Thu, 29 Oct 2009 18:42:11 +0000 http://www.mybudget360.com/?p=1360#comment-15217 if you're gonna use georgia as an example state, keep your expenses geared to georgia. the nation median price of a home doesn't matter; what matters is the median price of a home in georgia. if you’re gonna use georgia as an example state, keep your expenses geared to georgia. the nation median price of a home doesn’t matter; what matters is the median price of a home in georgia.

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