Andy Strum's Blog, page 3

Dot-Com Bubble; Housing Bubble; How about a Deficit Bubble? They all seem to burst sometime.

Our parents and grandparents were appalled when the Government's spending and debts were put in numbers as Billions and Tens of Billions. Now our government expects us to accept Trillions as the norm. Make that Tens of Trillions!!!!

For every Billion Dollars our government spends 100,000 families must pay $10,000 in taxes.

There is a straw out there and the camel's back is sagging!!!

Remember watching a child pushing a pin into a balloon. One second the balloon is filled with air and then, in an instant, it has burst. The child cries and apologizes. He can't understand what happened. He didn't mean to break the balloon. Everything was going his way. Only after the balloon burst did he realize he went too far. While he was fooling with the pin, he felt in complete control. He had heard that bad things could happen, but he reasoned, bad things would not happen while he controlled the pin.

Our economy is the balloon and the administration is the child. No one knows when or if our national debt will bankrupt us. There are concerns; and intelligent people have warned of the consequences. Like the balloon we will only know after it happens. Of course, by then it is too late.

The balloon did not have to break. The child could have eased off with the pin. Our economy does not have to break, or be on the brink of financial disaster. The administration and Congress could ease off its spending rampage. This is not something that is comfortable for politicians, but it is a good idea. It needs to be done today.

The link, below, takes you to a chart that shows how Federal Spending Is Growing Faster Than Federal Revenue, it goes back to 1965. It is worth a look.

http://www.heritage.org/budgetchartbook/growth-federal-spending-revenue


Read excerpts from:Essays From a Fed-Up Middle Aged, Middle Class American" By: Andy Strum
on Amazon at:
 http://www.amazon.com/Essays-Fed-Up-Middle-Class-American/dp/1453640460/ref=sr_1_1?ie=UTF8&s=books&qid=1291302983&sr=1-1

Attorney General, Mr. Holder, Day Late and Dollar Short

The decision to look into prosecuting WikiLeaks for their posting of information is very welcomed. It does seem like the horse did leave the barn long ago and looking to close the door now might be viewed as trying to save face.

Wikileaks has been posting damaging information for a while now. They let the world know they were going to do it. They also let the world know they would be releasing more information. They kept their word. Each time, the government publically stated that the information would be damaging and could endanger individuals. Each time, after the release of the information, the government practiced damage control. Why would it take so long to attempt to prosecute WikiLeaks? Even if prosecution is not successful, it shows our citizens and people around the world that we are pro-active. There seemed to more outrage, by the administration, when a college professor was taken into custody and the police department was vilified for acting stupidly.

There is nothing so likely to produce peace as to be well prepared to meet the enemy.
George Washington
Taken from "Essays From a Fed-Up Middle Aged, Middle Class American"

George Washington's comments could be interpreted to mean that we should be prepared to meet the enemy in the same manner they are bringing the war to us. If they have information that was stolen and was received illegally; let us use our resources to steal it back, or bribe someone with enough money that we could reacquire the documentation. If the information is being distributed through the internet; let's use our technological abilities to shut down their site. If any government is harboring their offices; let's use our power and allies to have them shut down. If lives are at stake, peace treaties are in jeopardy, or the potential of staving off a future war is achievable, then playing by the rules should not apply.

It's past time the United States shows the world our strength, fortitude and resolve.
Shut WikiLeaks down any way we can. And do it quickly!

Similar writings can be found in "Essays From a Fed-Up Middle Aged, Middle Class American"  Excerpts are available on Amazon at:
http://www.amazon.com/Essays-Fed-Up-Middle-Class-American/dp/1453640460/ref=sr_1_1?ie=UTF8&s=books&qid=1291131455&sr=1-1

How Safe Can We make Flying?

It would be hard to imagine that anyone, except for a terrorist, doesn't want to be as safe as possible when flying. If someone was trying to bring and explosive devise or a weapon, on a plane, the efforts at the check-in lines would stop the offender. These things seem to be in agreement. It also appears that most travelers do not mind being inconvenienced if there is a need for the process and the process is extremely successful. Therein lays the rub. Is the process effective to stop a terrorist?

The comments and questions that have recently been raised are valid.
1. The fear of hijacking and using a plane as a missile has been greatly reduced since the restriction of access to the cockpit and the allowance of pilots to carry firearms.
2. Prior bombing attempts were thwarted on the ground by intelligence and not at airport security.
3. Baggage is not as thoroughly searched as passengers. This might allow for an explosive device in luggage.
4. Not all airports, around the world, have the same level of security. A terrorist might chose a foreign airport (that has more lax security) and travel into the United States with a bomb.
5. Terrorists appear to be one step ahead of the security. (The recent printer cartridge bomb is an example)
6. The concern that a plane would be hijacked and used as a missile has been greatly reduced. (as stated in 1). The fear seems to be a plane being blown up. The loss of life would be horrible and the fear factor terrible. While the fear factor of a plane exploding is horrific, the potential for terrorist taking lives is everywhere. A train, a bus, a cruise ship, a van in a tunnel, a van on a bridge, an office building, etc…. The potential for causing devastation and loss of life is everywhere.
7. It seems that if someone truly wants to cause damage, it is almost impossible to stop them. By far, the most effective way to stop terrorist activity is before it happens. Governments and agencies sharing information about a planned activity and stopping it before it's started.

There have been more debates on the effectiveness of onsite passenger and airport security. Unfortunately, there are many more questions than answers. The answer "It is in the passenger's best interest to be scanned or patted down" just doesn't seem to make it. One area of agreement is that shared intelligence among agencies and countries is extremely effective. One can only hope that we will find an acceptable balance and answer to "how safe" vs. "how inconvenient and how much the cost"!!

If we're brainstorming, here's an idea we'll never use!
Maybe we need a booth that you step into, not to x-ray you, but that will detonate any explosive device you may have hidden on or in your body. The explosion will be contained within the sealed booth. Who's next?

Essays From a Fed-Up Middle Aged, Middle Class American" By: Andy Strum
http://www.amazon.com/Essays-Fed-Up-Middle-Class-American/dp/1453640460/ref=sr_1_1?ie=UTF8&s=books&qid=1291047983&sr=1-1

Happy Thanksgiving

Have a Happy and Healthy Thanksgiving and enjoy your time with Family!




Essays From a Fed-Up Middle Aged, Middle Class American" By: Andy Strum
http://www.amazon.com/Essays-Fed-Up-Middle-Class-American/dp/1453640460/ref=sr_1_1?ie=UTF8&s=books&qid=1290697624&sr=1-1

Terrorism and Profiling

There is nothing so likely to produce peace as to be well prepared to meet the enemy.
George Washington

During the Revolutionary War, prisoners and spies were accommodated as best as possible but not always treated in the most humane fashion. No one lost sleep worrying how the enemy would complain about the mistreatment of prisoners. Every battle did not have a press core reporting the activities. The Americans fought the war in a way that gave them the best advantage. They wanted to protect themselves, their families and their country. They wanted to win the war. These were men and women who were farmers, shop owners, and businessmen whose only goal was to defeat the British any way they could.

Now terrorists are engaging us in a war using tactics which they believe gives them the best chance to succeed. Although unconventional by our standards, they have managed to gain ground with fewer men, military resources and money than we have. The "War against Terrorism" needs to be fought in the same manner which we used in 1776. We need to fight to protect ourselves, our families and our country. We need to attack and operate in any way we can to achieve our mission. The terrorists are not fighting a "fair" war: Suicide missions, attacks on civilians, and using poisons are unfair. We are vulnerable, unless we are willing use tactics which we may not want reported in the press. We should not stoop to a terrorist's level or mirror their tactics; however, we do not need to fight as if we're in a gentleman's duel. America has the military, technological and economic capabilities to combat the terrorists. We need to use all of them.

We are at a time in history when terrorism is a worldwide concern. It is a major problem, not a minor dilemma. Many terrorists do fit a profile. People are being murdered and attempts are made to overthrow governments. The risks are all too high to agonize that some may be bothered. Weighing the inconvenience of being profiled and questioned against the possibility of someone creating a disaster comes down on the side of being inconvenienced. Officials have a good idea of the age, habit, nationality and mannerisms of a likely terrorist. These would be likely people to question. That is profiling. Questioning others only for the sake of leveling out the number of people inconvenienced is a waste of time, money and an insult to our intelligence. In our current times, profiling, although distasteful, is a necessary evil. We all long for the time when it won't be necessary.

Profiling is not improper; improper use of profiling is.

Taken from: "Essays from a Fed-Up Middle Aged, Middle Class American"
http://www.amazon.com/Essays-Fed-Up-Middle-Class-American/dp/1453640460/ref=sr_1_1?ie=UTF8&s=books&qid=1290615656&sr=1-1

Time to stop collecting allowance and go to work !!!!!

Hey Dad, I think it's time we stopped my allowance. I'm ready to start a business and earn my own money. I just want to make sure I'm making the right decision. I figure I can work out of the house, cook food (I have the hat) and the sell it with drinks from a booth. What do you think?

Well son, I think it's a great idea. Let's go over the mechanics of how this will work and how much money you'll be able to put in your pocket.

Okay dad, fire away, I'm ready.

Son, you'll have to use all your current savings and borrow some money to purchase some equipment and supplies. You'll also need money to advertise and hold you over until your business takes off. You'll be giving up all your free time, no more extracurricular activity, since you still need to study for school. You'll be spending all your free time preparing what you'll be selling, spreading the word and manning you sales booth. You should be prepared to pay for a business license and all your taxes.

Dad, that all sounds good so far, although I'm worried about spending all my saved money and taking out a loan. Can you tell me how much money you think I'll make?

Yes son. Let's review the numbers. First, you will be using up all your savings. You will need the loan, so you'll owe money and you'll start paying that back on a monthly basis. You'll owe the money no matter how much you make and even if your business fails, you'll still have to pay back the loan. You'll have to get a business license and meet all the state and local requirements for running a business and pay all the ongoing fees. Now let's talk about the taxes you'll have to pay on your income. Let's assume you're fairly successful.

Okay dad, fire away

Well, let's see. First there's federal income tax; maybe 15%, or 25% if you do well. Then there's FICA and Medicare taxes. Since you're self-employed, it will be about 15%. Then the state wants about 3% for state income tax and the local government wants 1% of your income. That's about it.

About it!!!! WOW. Dad, let me get this straight. I'll give up all my savings, go into debt (whether I succeed or fail, I have to pay back the debt), have to buy supplies and equipment, advertise, give up all my activities, and spend all my free time working. Then with the money I make I have to pay taxes. The taxes add up to somewhere between 35% and 45%. So for every dollar I make I keep about 55 to 65 cents? Is that the deal?

Son, sounds like you've got it down perfect. Are you're ready to go?

Dad, I may not be the brightest kid on the block, but I need to weigh all that against collecting my allowance, keeping my savings, not owing anybody, having fun at my extracurricular activities and having free time.

Dad, let's pretend we never had this conversation. Can I have my allowance now?

Essays From a Fed-Up Middle Aged, Middle Class American" By: Andy Strum
on Amazon at:
http://www.amazon.com/Essays-Fed-Up-Middle-Class-American/dp/1453640460/ref=sr_1_1?ie=UTF8&s=books&qid=1290438649&sr=1-1

50% Discount on "Essays from a Fed-Up Middle Aged, Middle Class American"

As a new author, it is hard to get exposure for my writings.
To that end I would like to offer you a 50% discount, for a limited time.
My hope is that you will enjoy the book "Essays from a Fed-Up Middle Aged, Middle Class American" and tell your friends.

The book explains, in plain English, where we are today; how we got here; and what changes need to be made for a better future.
I thank you for your interest.
Please click on the link below and put in code 836CNC2L for your 50% discount.
https://www.createspace.com/3462397

Here are the contents:
Dedication
Introduction
Baby Boomers Change America
What does a Congressman do for a Living?
Earmarks, Entitlements and Pork (Bribery????)
Intrusion
Sin Taxes
The Letter of the Law versus The Spirit of the Law
A Miranda Warning - ????
We're Just Too Nice!!!
Fighting by the Rules
It's not My FaultHe Ain't Heavy, He's an American
Just a Lawsuit Away From a Great Retirement!
A Prescription for the War on Drugs
Education
Teenagers
Affirmative Action
Minimum Wage
Do Only the Strong Survive?
Essay Glossary (Must Read)

Essays From a Fed-Up Middle Aged, Middle Class American" By: Andy Strum http://www.createspace.com/3462397

50% Discount on my Book

As a new author, it is hard to get exposure for my writings.
To that end I would like to offer you a 50% discount, for a limited time.
My hope is that you will enjoy the book and tell your friends.

The book explains, in plain English, where we are today; how we got here; and what changes need to be made for a better future.
I thank you for your interest.
Please click on the link below and put in code 836CNC2L for your 50% discount.
https://www.createspace.com/3462397

Here are the contents:
Dedication
Introduction
Baby Boomers Change America
What does a Congressman do for a Living?
Earmarks, Entitlements and Pork (Bribery????)
Intrusion
Sin Taxes
The Letter of the Law versus The Spirit of the Law
A Miranda Warning - ????
We're Just Too Nice!!!
Fighting by the Rules
It's not My FaultHe Ain't Heavy, He's an American
Just a Lawsuit Away From a Great Retirement!
A Prescription for the War on Drugs
Education
Teenagers
Affirmative Action
Minimum Wage
Do Only the Strong Survive?
Essay Glossary (Must Read)

Essays From a Fed-Up Middle Aged, Middle Class American" By: Andy Strum http://www.createspace.com/3462397

Do Politicians Have Grandchildren????

How much did you say I'll have to shell out to pay off the debt that grandma and grandpa left me with???? Why didn't they do something when they had the chance? Did they think that money grew on trees?

Essays From a Fed-Up Middle Aged, Middle Class American" By: Andy Strum
http://www.amazon.com/Essays-Fed-Up-Middle-Class-American/dp/1453640460/ref=sr_1_1?ie=UTF8&s=books&qid=1289937311&sr=1-1

The Trouble with Earmarks

Earmarks pose more than one problem. We focus on the cost problem, described below. That certainly is a major trouble. But there is also a credibility in our government problem (They talk about fiscal responsibility and a desire to enact meaningful legislation.) and a concern as to the validity of legislation that is passed. (Would it be passed without an attached earmark?)

In fiscal year's 2008 Total Federal Budget, there were approximately 11,500 earmarks totaling about $16.5 Billion for the year. This means in 2008, 1 ½ million families could have saved over $10,000 each in taxes. This would be meaningful tax relief for the middle class. A Billion here and a Billion there and pretty soon you're talking about real money. Remember for every Billion Dollars the government spends, 100,000 families must sacrifice $10,000 of their hard earned money. Don't let them fool you by saying "It's a small amount compared to the total budget". If it's a small amount, DON'T SPEND IT!!!! Small amounts add up to big problems. (Just take a look at your next credit card bill. Look at each small charge, then look at the large amount owed, at the bottom of the bill.)

Without discussing the merits of the recently passed Healthcare Legislation, it serves as an example of the problems with earmarks. Would it have been passed without a couple of Senators getting preferential treatment for their states? If not, it should not have been passed. What is the true financial cost of these earmarks? In some cases we don't know. In order not to single out one state with preferential Medicare cost reimbursement, all states will now receive the benefit. What is the cost? We don't know. A southern state received approx. $300,000,000 to get a favourable vote. 100,000 families will have to pay $3,000 each to fund that one. Show me the 100,000 families that would have willingly paid $3,000 to pass the bill. The list is longer, but these show the problem.

How are we supposed to believe in the credibility of our legislators when they need to give or to receive special favours in order to vote on a proposed bill? How can we feel good about legislation that might not be passed without a special financial arrangements attached?

Earmarks are a "Poster Child" for what is wrong with Washington. Eliminate Earmarks. If the "Earmark Item" has validity, vote on it separately.

Read Excerpts on Amazon:
Essays From a Fed-Up Middle Aged, Middle Class American" By: Andy Strum
http://www.amazon.com/Essays-Fed-Up-Middle-Class-American/dp/1453640460/ref=sr_1_1?ie=UTF8&s=books&qid=1289922247&sr=1-1