Mikey-nomics: It’s a Marathon Not a Sprint

There has been some ‘backlash’ on ‘the raw deal’ post. Here’s some explanation:

I’m not suggesting that everyone be given a government loan like it’s an item on the dollar menu at McDonalds. People would need to qualify under previous standards (aka something like the standards that existed before subprime).

Third, while programs do exist in order to provide first time home buyers with more affordable mortgages, these programs do nothing to address the disparity between the nominal and real cost of buying a house. While the cost of housing, food, energy and the like has steadily risen, wages have not risen at the same rate. Now an hour of work buys less today than yesterday.

In New Jersey and similarly in many parts of the country, the cost of living is very high. It’s near impossible to buy property on a single income. While not a scientific sample, most of my friends who earn less than 35k a year live with their parents because rent is unaffordable. The rest of my friends who make under 60k a year, live paycheck to paycheck renting. After taking out money for 401k, various taxes, car insurance, gas, food, clothing, heat, and the like… it’s hard to find money to save for a down payment. Add on the ever increasing cost of carrying massive amounts of debt from school loans and professional programs, it’s damn near hard to imagine being able to buy any time soon.

The real problem for us is that the cost of living is increasing at a faster rate than our wages are. Every day our hour of work earns us less and less of everything. If we can not save now, how can we expect to save later.

While I do agree that our generation is adverse to hard work, and not to…

Wolf in Wolves’ Clothing

Barack Obama doesn’t seem to understand.

Understand what exactly? How the American people could potentially fall for the same trick a third time? I wouldn’t understand that either.

What I saw during last night’s initial Presidential debate, was John McCain not-so-discreetly bringing up just how long he’s been collecting dust in Washington DC at every possible opportunity and then some.  I saw George W. Bush in a John McCain suit trying to bully his way through a debate and reminding everyone that if you don’t see it my way, then you probably just didn’t get it. He even had the George W. Bush condescending smirk down pat like he’d been watching tape and practicing in front of the mirror.

Anyone with half a brain in their head could see through it for what it is. The problem is many swing voters in key battleground states have, in fact, less than half a brain in their collective heads. This may sound hypocritical considering I just used the word condescending to describe McCain but then people wouldn’t have voted for Bush again in 2004 if they had the mental capacity to see the freight train coming. I feel like this is the Twilight Zone and Rod Serling is going to jump out at any moment saying, “this is what happens when society becomes more concerned with gay marriage and gun control than the economy and their childrens’ education.”

While experience is most definitely important, there is a difference between experience and tenure. The latter more so than the former best describes John McCain. It’s like deciding between two professors in college. One professor is well known and has been around forever and really knows his stuff but the system kind of passed him by a little while ago. The other professor is young and dynamic and…

Baked Alaska: Robots on Fire or Oops, I Did It Again.

There are situations in life where we are afforded the opportunity to make mistakes, and there are situations in life where we are not. Some of the situations can be very serious, some trivial, but all in all forgiveness is possible. We may not forget the actions, but we’ll accept the error in judgement as not representative of the essence of the person. For some, a cheating spouse might be forgiven if the circumstances are swallowable. For others, perhaps not. A lot of the time it comes down to the ‘thought behind the action’. If the action is claimed to be well thought out and sound by the person or group making the action, it becomes harder to justify a claim of consistent good judgement.

Judgement trumps experience, I think we can all agree on that. A leader without good judgement blindly leads his or her followers into despair and ruin. Bush is a leader without good judgement, 70% of Americans agree with that.

Furthermore, the Republicans who voted for Bush, have less judgement, but their error in judgement is forgivable. Republicans who voted for Bush the first time were not afforded the true opportunity to see his character and thus should not ultimately be held responsible. The Republicans who voted for Bush the second time were tricked and manipulated to vote for Bush on issues like gay marriage, an issue Bush has yet to address.

This time is different. Over the last few weeks, Americans have been afforded the opportunity to see how poor John McCain’s Judgement is. Each and every day a new example is brought to our attention on just how terrible his judgement really is. It’s not just John McCain that we need to worry about, it’s all senior Republicans.

Sarah Palin, and the overwealming, yet steadily weaning reception she has had…

Unscripted, Unedited Letter to Nick.

Hey Nick! It’s good to hear from ya brah.

Check out my website, http://www.theamericanboy.net

Politics in this country are so frustrating. Nothing ever gets done and everyone acts in their own self-interest. I loved that WB quote btw.

You’re absolutely right about this being a repearter. It’s sickening to think that the only time congress acts is to protect themselves. It’s really no suprise that these bigwig congressmen are all up in a huff and are ‘working together’ to make this bailout happen. Reason is, the only thing rich people love more than feeling powerful is being rich.

You’re also absolutely right about them snowing over the American people. I feel like sometime during the Vietnam war they figured out how to effectively subdue dissent amongst the people. The gov’t does whatever it wants with impunity because no one will step up.

I’m not so sure how much yours and my backs are up against the wall. I’m not in favor of a bailout at all. Nothing. I say flush it. I realze that this will spell economic doom in the short run, but that’s just the way it goes. Our economy has desperately been trying to correct itself for so long now. We’ve inflated the value over and over again through whatever means and each time it looks like we’ll give a little back, someone sweeps in to add more fiat value to the economy thus sustaining its value. Problem for me is, it’s actual value is far less, and we’re starting to see that worldwide. The dollar is worth shit, banks are failing, companies are going chapter 11…

You’re absolutely right when you say that an infant could have seen this coming, but groupthink does funny shit to people eh? Gah. Truth is, they have made it so complex that the average american can’t…

On Behalf of The Youth:

Click Here to Sign the Petition

            We don’t own a big house, nor do we have a lot of money invested in the stock market. Some of us do have a 401k, but it’s pretty small and we won’t see it until around 2048. We work hard every day but only because we too believe/want to believe that someday we’ll be able to afford to buy a house, have a family, and live well. Some of us have wives, some of us have children. We all have different priorities in life, but what brings us together is simple. We are all concerned about what this country and the world will look like when we are your age.

            We pay taxes, we pay for insurance, and we pay for social security. We’re not stupid. We know that after you spent all of the social security money, the program is in trouble. We have no faith that we’ll receive anything close to what we put in to it. We’re not ungrateful, please don’t think that. We love you, you are our parents, and we want the best for you. We know that you worked hard all your life, and there have been ups and downs, bumps and grinds. We really appreciate all the things you have made available for us to pursue through your hard work. We want you to be rewarded with a comfortable retirement; we aspire for the same thing. With all this in mind, we must voice our opinion.

You want to spend 700 billion dollars of our money on a gamble that if you lose, only we will pay for. You want to invest in mortgage backed securities that are worthless. We know that even if you win in the short run, you’re only prolonging the inevitable long…