Showing posts with label interest rates. Show all posts
Showing posts with label interest rates. Show all posts

Tuesday, July 9, 2013

Mayhem, Corruption, Destruction: A New Movie?


No, just the news. Remember the old prophecy: All that is hidden will be revealed?

A quick glance at the news would seem to indicate that prophecy is coming true.  From what's in your "food" to who's spying on who, I don't think we're in Kansas anymore. We have a 'do-nothing' Congress; our emails, web searches and phone calls are being tracked and stored; our food is not really and contains everything from pesticides to viruses to human genes and who knows what else (thanks Monsanto); there is record breaking climate mayhem that rarely gets reported; science is bringing us the future now with exciting discoveries and scary technology; everyone, especially politicians, thinks that lying is the best policy; news is getting out about existing cures for cancer and other diseases while at the same time all kinds of 'new' diseases are popping up; austerity doesn't work but we're doing it anyway; the economy, depending on the news source, is both great and disastrous at the same time (must be that quantum physics stuff); and we all know this and what do we do?

If you look at economic news we see interest rate fixing, gas price fixing, mortgage rate fixing and even chocolate price fixing. At the same time there are reports that economies are getting better and we, the world, are heading out of recession, and yet, when you look at the economic data, it's all a bunch of BS! The Middle East is a joke with Muslims cutting each others throats in the name of God. Looks like we're about ready to wash our soiled hands of it all and call it a day. Wonder where all that money will go? Banks aren't lending, consumers aren't buying, and business is not hiring. Oh, wait, yes, they are using temps so they don't have to pay benefits. And, the NYSE EURONEXT is going to take over setting interest rates-Libor-HUH? Bet that'll be an improvement.

The EPA has stopped investigating fracking; all the honeybees are dying (thanks again Monsanto); BP and bank fines amount to nothing and they are probably tax deductible; the West is burning, again; the drought is still a drought; flooding is happening where there's no drought; the SUN is acting odd and is not what we thought it was; planets in our solar system are doing odd things; and wildlife is in danger everywhere.

Again, we know these things, but what are we doing?

"Just nod if you can hear me."

Friday, May 31, 2013

BUY NOW, SAVE LATER

 

This is an important audible for all to consider.
http://www.npr.org/2013/05/30/186450423/how-a-trip-to-costco-can-work-as-an-investment-strategy

Essentially, the report says that since interest on savings is almost ZERO, it may make more sense to actually stock up on essential products as a hedge against inflation. No, not hoarding, but if you use a product on a regular basis, it may be wise to buy that product in bulk now, rather than pay higher prices later. 

For example, you see an add where pasta is for sale: Buy 10 for $1.00 each. You can afford to spend $20 for pasta, so you buy 20 packages. If pasta rises in price 10% over the course of the year, your investment has basically earned 10% interest. Where can you find that kind of a return?  

You have to be a savvy shopper. Often, things on sale, really aren't. They'll raise the price on an item one week, they put it on sale to the normal price the next. Net gain, ZERO. Further, you don't want items that you almost never use. So take stock of the products you buy the most and keep an eye out for 'real' sales and good buys. Be sure to check any expiration codes. No sense buying something with one day left on the code.

Of this you can be certain, food prices will rise; petro based products will rise. If you have the space and a little extra money, stocking up may be the best investment you can make.




Friday, April 27, 2012

MIDDLE AMERICA CALLING




So the Republicans want to pay for lower interest rates for student loans by taking money away from preventive health care (For women) and they want to give the military by taking money from women's  programs.

"The White House is threatening to veto a plan put forth by House Republicans to reduce student loan interest rates by pulling money from the Prevention and Public Health Fund, a funding stream set aside by the Affordable Care Act to support preventative health initiatives across the country." HP

"WASHINGTON -- The latest Republican plan to reconcile the budget and preserve defense spending extracts even deeper cuts from programs to help the poor and Americans still reeling from the recession." HP

Umm, they are so caring and so into the needs of American people-NOT!

Of course, then we have this:

Child Labor Farm Rules Scrapped By White House Under Political Pressure »

Dave Jamieson  |  April 27, 2012 at 10:16 AM  HP

MIDDLE AMERICA CALLING-ANYONE HOME? ANYWHERE? HELLO?