On Tuesday night, February 24, 2009, I would bet that most Americans were glued to their TVs watching President Obama deliver his first State of the Economy address to Congress and the nation.  Personally I like President Obama and think he is an eloquent speaker and really means and honestly feels what he says.  But as I have said before, unless the “Ole Boy’s Club” in Washington cooperates with him and lets him do what he knows needs to be done he will fail.

 

I’m a Little Confused

 

What I don’t understand and maybe one of you can help me with this, is we all know the country is in severe financial straits.  Yet I don’t understand how we can continue to borrow hundreds of billions of dollars and give a ton of it away in foreign aid.  I mean we are going bankrupt, dying on the vine, borrowing so much we jeopardize our children’s and grandchildren’s future and yet we keep giving away so much foreign aid dollars.

 

What am I missing here?  What am I not understanding?  Why do we continue to do this?  Somebody please explain this to me.

 

I know the United States has an image to uphold in the world.  Americans are very generous people.  But does it make sense when you are going broke to continue to give away all your money?  Or does it make sense to say look foreign countries you are going to have to make it on your own until we recoup.  If not we may not be around to help you anymore or ever again.  Does that make sense or am I just naiveté.  Help me out here please.

 

An Example of Insanity

 

Now I am all for helping everyone out around the world.  However, I am also a proud American and I want to help Americans out first and foremost.  We keep hearing and seeing how bad things are economically but yet we are giving vast amounts of money away.  Case in point is something that I just read.  This is the insanity part.

 

I read where the United States is planning to offer $900 million to help rebuild the Gaza area of Israel after this recent Israel/Palestine War.  Now I know that Israel is our good friend and I have personal friends in Israel but this is nuts.  $900 million, that $900,000,000 is just short of $1 Billion, $1,000,000,000.  These are not small numbers.

 

If the average worker makes $40,000 per year for 40 years of working that equals $1,600,000 or one million six hundred thousand dollars they will make in their working lifetime.  So here we are going through a severe recession and we are giving away, to only one country, the equivalent of almost the lifetime earnings of 563 Americans.  And this is not because of some natural disaster or uncontrollable event, it is because of war.  This is insanity.

 

It seems to me that we are back to the source of the insanity once more, Congress.  These idiots in Congress don’t seem to understand that even one million dollars is a lot of money let alone nine hundred million dollars.  Congress has lost its mind when it is dealing with our money.  They just don’t seem to care about the size of the numbers and how much you and I have to bust our as..s to send that money into the dark abyss of Washington, D. C.

 

Will someone please wake up their congress person and tell them that they are throwing our hard earned money down the drain again.  And if they don’t wake up you will vote them out of office the first chance you get.

 

If you read this far there may be something about this post that you are relating to.  There may be some financial related pain In Simple Language is talking about.  Tell us your story.  We really do want to know.

 

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Thank you for taking the time to visit In Simple Language.  J     Copyright © 2009

 

Looking for a financial speaker or financial writer?  Contact Rich today at rsowa@insimplelanguage.com or call Sowa Financial Media now at (502) 569-1714.

 

Check out the “SERVICES” tab above the beginning of the post for all available services.

 

Member One Southern Indiana Chamber of Commerce 

 

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Thanks to all of my faithful readers who emailed me their comments about providing a regular newsletter with more in-depth articles and timely, useable information.  Your input will help me design and write an effective newsletter. 

 

With that said it’s time for me to go off on one of my rants and raves.  This time it is about this American Recovery and Reinvestment Act.

 

ARRA

 

Arra sounds like something a pirate would say as he is stealing all of your possessions.  Arra you giving me all of your possessions?  Why does the government always spend so much time having to come up with these stupid acronyms?

 

In January it was all about TARP, the Troubled Asset Relief Program.  In February it’s all about ARRA.  I can’t wait for March.  They’ll probably have some new program that will be a takeoff on the “Ides of March” something like the “Idiots Defend Errant Stupidity” (IDES) bill as the next stimulus package proposed because the first one was a dismal failure.

 

Wow do I sound cynical!  Not really. These are the same morons that are taking $800 Billion plus to stimulate the economy when they couldn’t even get the coupon program to switch from analog to digital television correct.  They had to include somewhere around $600 million dollars more in this ARRA stimulus package. This $600 million is equivalent to what they have already spent in the first failed attempt to get us from analog to digital television.

So don’t hold your breath if these fools don’t double or triple the amount of money that will be needed to stimulate the economy. 

 

Let’s Hold Someone Accountable

 

I am not going to just rant and rave about all this blatant incompetence; I am going to make some suggestions on how to fix this “pork in every bill” habit.  I think it is time that we hold our politicians to account for all this partisan and bipartisan bickering and game playing and ego gratification that has been going on forever.  And is getting worse each year.  I feel sorry for President Obama.  I like the guy. Unfortunately he doesn’t have much to work with with all the idiots making up our current congress.

 

My solution is that in each and every bill every item that is in the bill MUST have the name of the person who has included that item listed prominently next to that item.  This way we will know who is responsible for the pork.  These are our elected politicians and we are their bosses.  Congress seems to have forgotten that. So if we say that’s what they should do and they don’t then we vote their miserable sorry as..s out of office.

 

This shining the spotlight on these morons will give us, the American people, a better idea of who is doing their job and who isn’t.  Yea I know, we usually hear about who wrote or sponsored the bill but we don’t get to know who put in all the pork unless some reporter does their homework and tells us.   Otherwise it sails through congress and we never know what a real loser we elected.

 

Do we really want to continue to elect these idiots that take a month long vacation in the summer, and all these federal holidays off, while the country is falling apart?  If we don’t fix this partisan and bipartisan bickering, egotistical attitude and get these people doing what needs to be done then we deserve what we are getting.

 

If you read this far there may be something about this post that you are relating to.  There may be some financial related pain In Simple Language is talking about.  Tell us your story.  We really do want to know.

 

·         Please ask your questions of In Simple Language and we will answer you as soon as possible in the comments section of the blog article you asked about.

 

·         Please give In Simple Language your comments and suggestions about this post and/or future topics of interest to you.

 

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Thank you for taking the time to visit In Simple Language.  J     Copyright © 2009

 

Looking for a financial speaker or financial writer?  Contact Rich today at rsowa@insimplelanguage.com or call Sowa Financial Media now at (502) 569-1714.

 

Check out the “SERVICES” tab above the beginning of the post for all available services.

 

Member One Southern Indiana Chamber of Commerce 

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In Simple Language is back and healthy and ready to start ranting and raving again.  I have decided that I am going to continue the original format of In Simple Language with rants, raves, and shorter articles.  A lot of my faithful readers have requested this so I am here to do your bidding.

 

NEWSLETTER COMING

 

With that said, I am considering doing something in addition to In Simple Language.  The In Simple Language New$letter.  I haven’t decided whether this will be a monthly or bimonthly publication so I wanted to ask you what you want? 

 

This newsletter would be written In Simple Language and would be full length feature articles on various financial topics with much more depth and useable, timely, relevant information. You could use this newsletter to help improve your financial education and alleviate some of the pain of not understanding financial terms and investments.

 

I keep hearing about how we are not taught, in high school, even basics of financial investing.  For some reason the financial services industry thinks that you should only learn about investing from financial advisors.  Especially the ones that speak in financial babble.   But this is your money not theirs.  You must understand what you are getting into.  Remember Bernie Madoff and the $50 Billion Ponzi scheme.  Financial education will help to prevent you from becoming a financial victim. 

 

For those of you that are not in high school and don’t want to take investing courses at a local college then the In Simple Language New$letter is for you.

 

Such topics as an in depth look at mutual funds, exchange traded funds, municipal bonds, government bonds, certificates of deposit and other related types of investments would be included.  We would discuss these investment topics In Simple Language without all of the technical non-sense that most investment newsletters include today.

 

This newsletter would be aimed at you, the average investor not the financial advisor.  It would provide you with the answers to the questions that most people have when they leave their financial advisors office with a package of information that is written in financial terms that many advisors have a hard time understanding.

 

Do you still want to give yourself a headache and cause yourself frustration by trying to figure out what you just invested in or are considering investing in?

 

FEEDBACK

 

I really do need your feedback on what you would like to see. 

 

• What would you like to see in your financial newsletter that would ease your pain of investing?

 

• How would you want your newsletter to clear up the questions about investing that you have?

 

• What specific areas of investing have been confusing to you and how would you like your newsletter to fix that confusion?

 

The In Simple Language New$letter would get more in depth in answering the questions you have and provide the information solutions to get rid of your investing pain.

 

Don’t Be Shy!

 

So don’t be shy!  Tell me what you want.  Put your questions, comments, and suggestions in the comments section at the bottom of this blog and let’s make this investment stuff work for you.  Do it today!

 

If you read this far there may be something about this post that you are relating to.  There may be some financial related pain In Simple Language is talking about.  Tell us your story.  We really do want to know.

 

·         Please ask your questions of In Simple Language and we will answer you as soon as possible in the comments section of the blog article you asked about.

 

·         Please give In Simple Language your comments and suggestions about this post and/or future topics of interest to you.

 

·         Like what you read?  Send it to a friend.  Click on “share this post” right above leave a comment below.

 

·         Did you remember to bookmark this blog?

 

Thank you for taking the time to visit In Simple Language.  J     Copyright © 2009

 

Looking for a financial speaker or financial writer?  Contact Rich today at rsowa@insimplelanguage.com or call Sowa Financial Media now at (502) 569-1714.

 

Check out the “SERVICES” tab above the beginning of the post for all available services.

 

 

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In Simple Language has finally survived and made it into the new month of February, 2009.  January of 2009 was the worst January I have ever experienced in my entire life.  It was filled with death, disease, and destruction. 

 

The death of my brother.  A severe sinus infection that has incapacitated me for almost three weeks now.  And the destruction of property in the Kentuckiana area where In Simple Language is located.  Power outages and lack of heat in twenty degree weather with ice and snow has made living conditions for many, many people, including me, very difficult.  We are all hoping that February starts off in a more positive way. 

 

Mix in the bad news of the economy and things get bleak real quick.  Let’s hope our new President Barack Obama is supported by and given enough time to turn things around.  If the “good ole boy’s club” in Washington, D. C. will work with and give President Obama half a chance I think he will be able to get us out of this mess in a reasonable period of time.  If the “good ole boy’s club” doesn’t work with President Obama; if they continue their business as usual mentality; we are in for a difficult ride from which we may not survive.  Let’s hope the former prevails.

 

GETTING BACK TO NORMAL

 

In Simple Language will make every attempt to get back to normal and begin providing you, my faithful readers, with timely and worthwhile financial information that you can use to help you get through these difficult times.  In Simple Language plans to start posting articles this week and get back to a regular schedule as it has in the past.

 

If you read this far there may be something about this post that you are relating to.  There may be some financial related pain In Simple Language is talking about.  Tell us your story.  We really do want to know.

 

·         Please ask your questions of In Simple Language and we will answer you as soon as possible in the comments section of the blog article you asked about.

 

·         Please give In Simple Language your comments and suggestions about this post and/or future topics of interest to you.

 

·         Like what you read?  Send it to a friend.  Click on “share this post” right above leave a comment below.

 

·         Did you remember to bookmark this blog?

 

Thank you for taking the time to visit In Simple Language.  J     Copyright © 2009

 

Looking for a financial speaker or financial writer?  Contact Rich today at rsowa@insimplelanguage.com or call Sowa Financial Media now at (502) 569-1714.

 

Check out the “SERVICES” tab above the beginning of the post for all available services.

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