Rescue Plan Is Largely Another Shortsighted Bailout

First of all let me point out these photos of the day.


The first one are blue lines on the floor at Whole Foods telling people to keep their social distance from other customers. 


One person crossed the blue line and another customer promptly yelled at them that they were going to get them sick!


The second photo is limiting Nutter Butters (“Nut Butters”) to 4 per customer during this coronavirus–sh*t people are downing Nutter Butters like there truly is no tomorrow.  LOL


Finally, looking over the $2 trillion Coronavirus Rescue Plan, I see a lot of bailouts–about half through grants and half through loans.  


On the positive and largely necessary side are increases to unemployment insurance payments and aid to needy households (up to $150,000 for married couples is needy?) and to hospitals and transit.


In terms of the business loans, there are “forgivable” ones to small business, so not sure how that is a “loan.”


Overall though, it seems like we are throwing a lot of other money around that we as a country don’t have and will end up paying in terms of a higher national debt and higher interest payments for generations to come.  


This is another lost opportunity!


If we were already going to spend big money like this, why not pass the infrastructure spending bill to rebuild our aging roads, bridges, electric grid, aviation, public transit, and expand internet coverage.  This would actually put people back to work and build America again, rather than give corporate handouts that are shortsighted and with squat to show for it for the country’s ultimate benefit.


Everyone likes to get freebies, but eventually the country will come back to pay the piper, and there will be bread lines and not Nutter Butter. 😉


(Credit Photos: Minna Blumenthal)

We Just Magically Found $2,000,000,000,000

It’s amazing how we can magically find $2 trillion for a Coronavirus “Rescue Plan.”


This after we already wasted over $6.4 trillion (and thousands of our dead and wounded) through 2017 in unexplainable and endless wars in Iraq and Afghanistan with no known or lasting benefits to this country (while archenemy, Iran continues their pursuit of nukes unabated). 


And for decades, we haven’t been able to find money for:


– Decent healthcare for all Americans.


– Ensuring our national security, including adequate planning and disaster preparedness for things like Coronavirus, cybersecurity, WMDs, EMPs, and for critical infrastructure protection. 


– Repairing our aging roads, bridges, and infrastructure


– Fixing our broken public education system.


– Helping our countless of homeless and needy lying the streets of our nation. 


– Restoring our space program to get a man on the moon again or put another shuttle into space. 


When politics are in play, there is plenty of money to go around. 


But when the nation needs proper care and feeding, there are no adults in the room. 😉


(Credit Photo: Andy Blumenthal)

Impeach + AOC

I saw these two photos separately.


But I instantly realized that they belong together. 


Like peanut butter and jelly. 


Who is a bigger pee brain than AOC?


* She impulsively lost 25,000 jobs and $5 billion investment in NYC from Amazon (as well as about $27.5 billion in tax revenue over 25 years). 


* Her ridiculous Green New Deal wanted to rid us of farting cows and airplanes and didn’t get a single yes vote in the Senate (even from her own party). 


* AOC stated that the three branches of government are the “the presidency, the senate, and the house” (Uh, wrong!). 


* Ocasio-Cortez boasts insanely that government deficit-spending doesn’t really matter (hmm, I wonder is that how she handles her personal finances too?).


* She allies herself with fellow anti-American and anti-Semites like:

– Ilhan “(Schmilhan) Somebody Did Something [on 9/11]” Omar

– Rashida “(Israel-Hater) They Forgot What Country They Represent” Tlaib

– Linda “Muslim Brotherhood” Sarsour


How did anyone actually vote for (or support) people like these to run this amazing country?  😉


(Source Photo: AOC is from Facebook and Impeachment is from me)

Unbridled Government Spending

I liked this notion from Margaret Thatcher:

The problem with socialism is that eventually you run out of other people’s money. 

And from the Wall Street Journal:

The problem with resisting socialism is that until the money runs out free-spending progressive politics are remarkably seductive. 

In other words, we love to spend what appears as “free” government money–more and more entitlements, bigger and bigger government…basically, we can’t resist the candy in the candy store.

But the problem is that the money eventually runs out and by then we have gone too far and are left eating our own flesh. 

 Why can’t we spend our precious money and scarce resources prudently and also save wisely for a rainy day–why do we have to act like pigs in the poke?

(Source Photo: Andy Blumenthal)

Invasion of Dinosaur

So what’s with the invasion of dinosaurs. 


First one is standing next to the checkout line in Whole Foods in Maryland.


Second one is actually on someone’s terrace overlooking the beach in Fort Lauderdale.


Third one is the real McCoy from the Museum of Natural History in Washington, D.C. 


Certainly, dinosaurs aren’t cute and cuddly–even the plush ones from Whole Foods–they’d eat you and I for dinner if they could!


So why do we gravitate to relics from the Ice Age past?


Perhaps, just like looking forward to Aliens from outer space, the dinosaurs represent an important historical link for us, and thus anchor us in a much larger perspective of time and space. 


In a way, it all points to the dichotomy between us as humans with great–almost endless–potential, and yet at the same time, how small we are relative to the enormous dinosaurs that roamed the earth of yesteryear as well as the distinct possibility of mighty extraterrestrials that we may someday (soon) encounter from outer space. 


From this context, I guess what’s really amazing is that we, as a people, are still here!


Despite our bad habits and unsustainable living, we continue to innovate our way out of own messes of greed, conflict, contagion, pollution, and resource depletion, and create a future far beyond what destroyed our predecessors or even what may come from current or potential future foes. 


Like the economy, we think we can grow ourselves out of all our troubles–and who knows, maybe we can if we can continue to stay at least one or two steps ahead of all the challenges and threats–but, at the back (or front) of our minds is what if we can’t or don’t?  😉


(Source Photo: Andy Blumenthal)

Pennies From Heaven

So I ran into this lady in downtown Washington, D.C.


She posed for the picture and made sure to line up the top and the bottom posters to get it just right


It says:

“Not One Penny In Tax Cuts For The Rich”


Makes intuitive sense doesn’t it: the rich already are blessed with…riches!


Any more pennies in their war chest is sort of a drop in the billionaire bucket. 


With tax reform is on the table now…we need tax relief for the middle class and to grow the economy. 


The rich really do not need to get any richer.


Especially with a national debt over $20 trillion already–and not including future entitlement obligations that exceed projected revenue for social security and medicare, which bring the debt in excess of $70 trillion!). 


The gamble with this whole tax reform plan is that the $1.5 trillion or so in proposed tax cuts over 10 years translates into a much bigger economic expansion that makes up for that revenue loss to the government and more. 


If not, well then Uncle Sam bet wrong and our annual deficit gets bigger and bigger (already $666 billion in FY 2017).


Tax cuts for the rich today and estate tax cuts to pass wealth between generations–when they impact the top 1% are ridiculously targeted to those who really don’t need it, and many of the decent ones, like Warren Buffetdon’t even want it


Let’s have a heart and help the people that really need the help–let’s narrow the growing divide between the haves and the have nots, and move to eliminate the class system that elevates one child of G-d over another. 


– While some live in McMansions, others are homeless.


– While some eat steak and drink expensive bottles of wine every night, others go hungry and thirsty.


– While some wear fancy designer clothes, expensive jewelry, and different outfits every day, others don’t have a clean shirt on their back. 


It’s nice to think that some “deserve it” more than others, but we also have to think who really needs it more. 


And if the pennies do ultimately come from Heaven (as all blessings do), then let us distribute these with compassion and lovingkindness as we know our Creator would want us to. 😉


(Source Photo: Andy Blumenthal)

The REAL Problem Is NOT Healthcare

Healthcare.jpeg

Why can’t all the really smart people in this country solve the healthcare crisis?


The democrats tried and it didn’t work out to well. 


And now the republicans are trying and sort of the same thing so far.


Is it politics?


Sure, that is what it can easily look like. 


One side wants to give more to these folks and less to someone else, and the other side vice versa.


But I don’t think that is the truth!


Wouldn’t we all like to give health coverage to every single man, woman, and child in this country!


Seriously…doesn’t everyone have a heart and soul somewhere in there.


And we all know and/or fear what it’s like to be at risk, without proper coverage, and without the medical care and medicine that can be lifesaving!


So here’s the real problem folks:


It’s not healthcare, nor any of the other social or national security issues we face–whether the military, space exploration, environmental concerns, jobs, or anything else. 


This is what it is…


It’s called the national debt, which stands art $20,000,000,000,000


And that doesn’t even include ANOTHER 127,000,0000,000,000 of unfunded liabilities for things like social security and medicare etc. 


This is a nation that collectively doesn’t save–it spends–and it spends not only it’s current purse, but it’s future one too!


In fact, total U.S Household wealth in aggregate of $90,000,000,000 is eclipsed by our overall national debt!


True, this doesn’t include trillions of dollars of other significant business or national assets, but it does point to the overall severity of our highly-leveraged financial position.


So where does this leave us?


We can’t really solve healthcare or any of our other problems–if we are BROKE, busted, and a debtor nation. 


Yes, it takes money to invest, and money to pay for solutions for now and for the future. 


But how can you possibly solve anything, if your pockets are not only empty but have a big f*ckin’ hole in them. 


So folks, the lousy decisions of the past and present are coming back to haunt us. 


It’s a tidal wave, a tsunami of debt–of unbelievable corruption and kicking the can down the road–of fraud, waste, and abuse–of shortsightedness and lack of real leadership–and the time is coming to pay the piper!


If you think the political infighting–liberal and conservatives–tea party and progressives–alt left and alt right–socialists and dictators–is bad now?


But unfortunately, unsolvable problems lead to accusations and recriminations–finger-pointing all around–calls for impeachment–calls to let the other party or some independent lead us out of this mess.


Do you think being in such a challenging situation could also lead us to make rash and stupid mistakes or even go to war? 


In the end, how do you lead us out of a dead-end caused by generations of recklessness with our country’s finances?


Some say perhaps we can grow ourselves out of the debt–maybe we need to go back to school and all get our MBAs and start the whole messed up story all over again?


(Source Photo: Andy Blumenthal)