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Spare Me The Tea Party Crap!

A few days ago I started seeing posters around Atlanta about Tea Party’s on tax day.  Now I love my Teavana fix whenever I can get it, so I was a little intrigued.  I did some checking and found out there would be protests around the country against the government’s “reckless” use of taxpayer money.  Supposedly President Obama is taking all our hard earned money and running up a huge deficit.  Um…excuse me but why weren’t there any raised pinky tea parties for the past eight tax days?  I’m just saying, is it me or didn’t we have a surplus when Clinton was in office?  Correct me if I’m wrong, but didn’t the deficit begin to climb when “W” got elected?  Having said that, shouldn’t there have been a tea party every year since like 2001?

The Republicans and Conservatives, and all around Obama-Haters are once again grasping at straws.  Unfortunately there are too many crazy uninformed people out there jumping on the bandwagon.  If this were truly about taxes only, this would have been an annual event since forever!  Taxes didn’t just begin in 2009.  Further, majority of the people out there protesting are benefiting from the Obama tax cuts, so they need to get a grip! While I’d love to do away with FICA and taxes in general, it’s just not a reality.  I’d also like to do away with rush hour traffic and over-priced cable, but again it’s just not a reality.

People complain that the rich pay too much in taxes.  Most of the people making this argument are poor or middle class. While the idea of people getting a free pass on their mortgages while I pay mine on time every month kinda burns me up….seventeen foreclosed houses on my block won’t help me sell my house either so let the government do whatever it takes to turn this housing market around so I can move! Blame the banks for giving mortgages to people with bootleg paystubs and bad credit.  The government didn’t get us into this mess, but they are trying to turn it around.

I had to laugh at the coverage of some of these events.  People actually held signs and made speeches about irresponsible government spending.  Where were they when Bush and Cheney were pumping all our tax dollars into Iraq?  Someone said President Obama has done more damage in 100 days that anyone else has done in the last 100 years.  Again, where were these people when George Bush was running up the deficit that President Obama inherited?

In the spirit of keeping it real, I’d like to know where you stand on the subject of taxes?  No one likes them I’m sure, but is anyone out there on board for this tea party crap?  Am I the only one that thinks this is just another attempt to throw salt on President Obama?

April 16, 2009 Posted by | Finances, News, Obama, Opinion | 8 Comments

AIG = Arrogance Incompetence and Greed!

By now everyone should have heard about the drama surrounding the bonuses distributed by AIG.  In short, the company that received billions in government bailout money recently turned around and awarded millions to their executives in the form of “retention bonuses”.  Why they would be trying to retain these idiots is beyond me, but I digress…

The bonuses were supposedly promised in early 2008, long before the company fell apart.  Even so, I would think that the company actually falling apart would be just cause to award no bonuses.  I remember working for a company that stopped awarding annual increases and instead went to a bonus structure that would give you up to 10% of your annual salary.  While it might sound like a better deal to receive the bonus, you wouldn’t believe the creative ways they finagled us out of our money year after year!  The bonus structure was so convoluted you needed an MBA just to figure out what you were entitled to.  They weighted the bonus based on how much profit the company made, how much free coffee we drank, and a bunch of other crap that was out of our control.    When it was all said and done you were lucky to walk away with 3%.

AIG is in ruins, but managed to pay out bonuses ranging from $1000 to 6.5 million dollars to its top executives.  I’m sorry but how does a company on public assistance garner the nerve to give anyone a bonus of 6.5 million dollars?  That’s like a person going into The Palm and trying to pay for their lobster with food stamps.  I’m just saying….did they really think this would fly?

Everyone is pointing the finger of blame.  Many say tougher restrictions should have been placed on what the companies could do with the money they received as part of the bailout.  I think I’m inclined to agree with that.  You can’t waste food stamp money on Gucci and Prada so yeah the government should be able to curb the handing out of bonus checks with taxpayer money.

Congress wants the names of every person that received a payout, but the current CEO is hesitant to give out that information.  Apparently people have been sending death threats to AIG.  It’s not “ha-ha” funny, but it’s a little ironic funny.  Taxpayers are not playing about these bailout funds!  Somebody sent a message to an AIG employee that said: all bonus recipients should be executed with piano wire around their necks.  Ouch!

So Epiphanyblog, what is your take on all this?  Some of the recipients of the money have been asked to return a portion of their payouts.  Anyone that received more than 100K got the call to pay back some of their bonus.  If it were you, would you give it back?  The people that got the small money, are probably lower level employees who bore no influence on the direction the company took, but consequently the good should suffer with the bad.  When the company is in the toilet, everyone from the receptionists to the VP’s should expect all bonuses to be placed on hold.  Having said that, should all AIG employees return the money, or only the big dogs?

March 19, 2009 Posted by | Finances, Opinion, Society | 3 Comments

The State Of The Economy

I am excited that gas prices have dropped to their lowest point in five years, but it seems a little suspect that just five months ago they were at an all time high. I don’t fully understand what drove the prices down, but I’m not complaining. I know all those people out there driving SUV’s and luxury vehicles that only take premium gas are dancing a jig too!

Last week when I went into the grocery store I noticed the price of milk has not come down. The price of eggs has not come down. The prices of grapes, mangos nor tomato’s have budged and Lord help me the price of Gummy Bears is at an all time high. All of this is bad enough but there isn’t much I can do about it…I gotta eat, right?

This whole state of the economy situation came to a head today when I was forced to buy something out of the vending machine at work. I nearly fell on the floor when I realized they had raised the prices on every one of those tired off brand snacks by fifteen cents. I was beyond heated! I would have been okay to see inflation hit Nabisco or Hershey, but come on now…an extra fifteen cents for those fake out Austin Animal Crackers?!?! I used to blame everything on the high gas prices, but now it’s going to be the state of the economy. Henceforth and forever more (until I find a new cop out), I shall use the economy as a scapegoat for everything I DON’T want to do. Here are a few excuses you might want to use:

1. Due to the state of the economy I can only wash clothes once every two weeks and so with no clean clothes to wear, I must work from home for the rest of the week. (My trifling manager will love that one!)

2. Due to the state of the economy, I had to drastically reduce my cell phone minutes, which is why I never return your calls. (For that pesky someone that obviously can’t take a hint!)

3. Due to the state of the economy I have to pump all of my extra money into winning the Mega Millions Jackpot, so I can’t afford to buy another candy bar, case of oranges, or calendar to support your child’s fundraiser.

According to President-Elect Obama, the economy might get worse before it gets better. In light of that I’ve decided not to let the state of the economy slow my roll. What good is it to be broke and depressed?!?!?! Henceforth and forever more, I shall use the economy as a scapegoat for everything I DO want to do, and I advise you to do the same.

1. Due to the state of the economy, we need to keep every beauty shop appointment. If you look good you feel good, so go ahead and get that cut and color this week!

2. Due to the state of the economy, we all need a little therapy…retail therapy! I’m shelling out money for Christmas gifts so don’t I deserve to treat myself to something nice too…which leads me to my next point…

3. Due to the state of the economy, I’m eating lobster tonight. For all we know they might be rationing food in the New Year. You better get in where you fit in and get that Surf & Turf while you can!

Seriously though Epiphanyblog, how is the state if the economy affecting you? We know it has hit the governor of Illinois so hard he had to start selling senate seats, but I hope it’s not that bad in your hood. I really would hate to hear about an Epiphanyblog loyalist taken down over trying to sell bootleg movies on Facebook! So as we collectively pinch our pennies and make fiscally sound decisions; or splurge and rob Peter to pay Paul let’s take a moment to share our collective angst!


December 11, 2008 Posted by | Finances, Life | 3 Comments