Monthly Archives: February 2010

Credit Card Companies be Damned!

Okay there I said it. I hate them! But unfortunately with the whole Fico system they are for the most part a necessity for modern life. How savvy of these companies to make their abusive service near mandatory for our existence. You may think my words harsh, but today most companies review your credit report before hiring you – bad credit, no job. Now, that makes sense.

So we have new legislation in place to protect consumers. Let the abuse continue! When checking my Chase statement yesterday, they raised my APR from 12% to 21% because, boo-hoo, market conditions.  Yes, that is what they told me. These greedy corporations ruined our economy and now conditions are not great for me.

 How can you get around this? I can close my Chase account which could reflect poorly on my credit rating. GET IT – accept their abusive raise in rates, or a negative reflection on my credit score. Screw Chase bank! After being a customer for over ten years, I closed the account.

I honestly can care little for their rationalizations or explanation. I don’t care if they need to “manage” risk. If only we, the people could do something? If only we, the people could stand up to these gluttons of Capitalism instead of being at their mercy. If only we, THE PEOPLE can take back our future from corporations.

I say anyone who received this from Chase Bank. Don’t succumb to their abuse. Close your account and take your business to a smaller bank or better yet credit union. The free market entitles us to choose where we take our business. Let’s take it to the small business.

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Importance of Jobs and Education

Here is the perfect example of the point I was trying to make about business and education.

http://msn.careerbuilder.com/Article/MSN-2192-Job-Search-Available-Jobs-Not-Enough-Skilled-Workers/?sc_extcmp=JS_2192_advice&SiteId=cbmsn42192&ArticleID=2192&cbRecursionCnt=1&cbsid=9022a286c90e4d749b36a044decfa426-319759789-RN-4

If we continue to cut taxes of businesses and continue to cut social spending (education), we are actually hurting our economy and business. How can a company succeed with employees who are not educated and skilled? And what would stop companies from employing higher educated foreigners to do American jobs.

It seems only rational for the benefit of our country to highly support our education system, instead of worrying about few extra dollars out taxes from the rich man’s pocket.

Disaster and Tax Cuts for Businesses and the Rich.

Oh woe is me! People are STILL whining about Oregon’s decision to increase taxes of businesses and the wealthy. First let me remind the world, reducing taxes of businesses and the rich was the practice for nearly 30 years and it failed. Our economy nearly collapsed giving tax breaks to corporations and the rich.

Personally I find if businesses act irresponsibly, or incompetent they should not blame to government. Those business owners should perhaps pack up shop and get a real job like the rest of us. Don’t blame the government if you’re a lousy business person. But I digress…

 Last night after reading comments from a man who I thought of rational mind and intelligence I thought of Theodore Roosevelt’s quote.

 “This country will not be a permanently good place for any of us to live in unless we make it a reasonably good place for all of us to live in.”

At some point in America we forgot what it is meant to be united and civil. And my point was proven last week during “Snowmagedon”

Last week was a perfect example of our crumbling infrastructure, business irresponsibility and personal lack of civility.  Our federal government shut down for a couple feet of snow. The same amount of snow falls upon the Kremlin yearly and the Russian government never closes. Snow brought down power lines, halted transportation and collapsed buildings. Maybe if Americans cared more for society as whole rather than material and superficial needs, perhaps many would not have been without power or gone hungry.

I also wandered last night what would happen in the United States in the event of a real threatening emergency. We flew immediately to help those in Haiti but we’ll condemn and strike our neighbor for an unshoveled walkway or stolen parking space. What would happen if we truly suffered a disaster? Are we prepared and united to help each other through tough times?

Bur we are okay and sold a nasty bill of goods that lowering taxes and cutting essential programs is good. Good for who? What will happen in the event of disaster when we have cut police and emergency crews?  Who is going to be there to help if were cutting back on those who provide us safety. If we continue to cut taxes that pay police and emergency crews, we cannot complain when they don’t respond when we need them. And finally, do you really, really, really think corporate CEO is going to care for our safety. No. when disaster strikes they will be the first to flee. They will be on their private jets away from the disaster. So, let us stop putting businessmen and CEO’s on the top of that proverbial pedestal.

So during this week of random acts of kindness let’s put aside bitter differences for the common good and support those whose job is to take care of us. Let’s realize that we are very fortunate to live in such a country of abundance and pay a little bit of dues for the common good.