This has been a tough week – AGAIN.
More crap. More pressures. The world is just moving too quickly and there are just too many demands that frankly are there because we feel that they should be. Do we really have to have 99.99% percent uptime for non-life and death things? Do things HAVE to be delivered overnight? I think not. I think we want these things but have no idea what it takes to ensure they happen. To that end, companies build these things in as a requirements, when they should be an option. There is a HUGE cost to our economy in the world of convenience and entitlement. I am so for those tiered offering. For example: Free shipping (5-7 days). $10 (3-5 days). $30 (overnight). If everyone was given a choice on all things, we would be so better off. I can live without getting my new DVD for a couple of more days if I say a couple of bucks (not to mention that it would be put on rail or truck versus flown here, saving more greenhouse gases).
That leads me to the rant of the day. This stupid stimuli package. I know I have touched on it before but that was really before I knew all of the pieces and parts and before I had to lay here in bed listening to all of these people talk about it. It boggles the mind now –really- that it has passed the chambers of idiots. Maybe that is too harsh – there are some smart people in there. It should be the chamber of sellouts. Anyway, remember the whole point is to get more money back into the economy by providing some relief to those that have had to redeploy said money into paying taxes, etc. (yes, which fund a ton of pet projects and earmarks that the Democratic run congress refuses to get rid of). By the way, I realize that the Republican run congress didn’t get rid of them either but it has taken a life of its own now with these secret inclusions after votes. GW should not sign this but since it is a ‘feel good’ for the masses without macro-economic degrees, he will.
- Back to deploying said tax money into the economy directly… The concept has merit, the execution does not. Let’s look at the formulas:
- Family of 4 making an AGI of 25K. Total taxes withheld: $3-4K. Total ‘refund’: 1800 or 48 % (note: with standard deductions, taxes paid would be 0)
- Family of 4 making an AGI of 75K. Total taxes withheld: $15K. Total ‘refund’: 1800 or 12%
- Family of 4 making an AGI of 150K. Total taxes withheld: $36K. Total ‘refund’: 1800 or 5%.
- Family of 4 making an AGI of 170K. Total taxes withheld: $42K. Total ‘refund’: 0 or 0%.
- Note: situation is more extreme if you have more than 2 kids. The phase out is 5%/$1000 over 150K regardless of family size (why is that?)
- Note the increasing tax RATE and decreasing refund AMOUNT. Yeah, that is progressive.
- To compound things, let’s not forget this is based on AGI, not taxable income so there are lot of people getting screwed now for making decisions a year ago (sold your boat? Too bad). Those folks whose housing costs are major sources of their income? Too bad. This hurts you. Hmmm, I thought this was to combat some of the subprime fallout? This does not help. If it were based on taxable, it would.
- My friend Angela suggested that congress tag these dollars for energy improvements. That makes a lot of sense – too bad no one will do it.
Irritates me that this is the best win the Congress has in two years…To that end, I will send $10 to the first person that can find me a bumper sticker saying “Love America, Vote out Pelosi and Reid”.
Other political curiosity events…
- Romney dropped out. Didn’t see that coming three months ago. Huck is standing strong and starting to get some wind. He has zero chance… Then again, McCain doesn’t have much of a chance in the general election either….
- I really do not like the ‘winner take all’ primary voting that the Republicans use. Doesn’t make a lot of sense to me…
- Obama is putting the hammer to Hillary. Has won twice as many states yet less delegates AND he will lose the convention because of the backroom politicking that “the party of the people” employ. What a crock. Super delegates – those that are paid and supported within the party AND NOT the elected delegates — will end up deciding the next president. So, your vote doesn’t matter in the end. The elite run the show. And who do you think the party officials will support? Exactly. What a sham. Leaves a bad taste in my mouth.
Speaking of which, some sort of stomach virus has infiltrated the house of Robbins. It attacked MA first, but mainly because she is slow. Now, it is after me. I’m resisting but it might not be a fight I can win. Besides a persistent cough, puking is my least favorite thing. Kids have been immune to this point. We remain hopeful.
We took Mackenzie and Meghan to our local collectible store. They each picked out a gift for the baby. Z choose a bear that was dressed like a bunny. Meghan got a blue bear wearing a hat. The animal theme will be dinosaurs and dogs. Parrots are okay, as well. No, don’t ask why to these kind of things.
There is some late breaking news… we HAVE picked a name. I know I have taunted many with this before, but now it is a done deal. I ordered the banner yesterday and I’m too cheap to order two of them. Several good names were left off the list.
- Andrew John, Benjamin Logan, Charles James were all early contenders…
- Millennium, Major and Maverick are other fine, slightly interesting, options that failed to make the cut. McDaddy also didn’t pass (though as favorite of Mackenzie), in case you were interested.
What else…
I started the fence repair. Of course, it is in the low teens right now and do not plan on working outside (nor do I feel up to it).
We started our taxes – this will be delayed due to the wrangling around the AMT that occurred late last year in congress. Frankly, I am not even sure what that is or it impacted me. I’m a turbotax monkey. Answer questions, hope the number in the upper left hand corner is green and not red. So, far, so good but there are lots of things still up in the air. Last year was a good year for taxes. This year not so much given changes I made to withholdings. I know it is not smart to do economically, but I really do not mind letting the government have my money interest free for part of the year. If I have it, I’ll spend it. Simple as that. I know I COULD take the extra 100/month and put it in some mutual fund or bank account but it is too much hassle. Plus, I like getting a check that I sort of had forgotten about. $1200 could equal a new lens, a new putter and driver, a trip to Myrtle Beach – yeah baby. Oh wait, this is not a normal year. All of it will go to the insurance company and fat cat hospitals. That plus a lot more… Oh well, I still like simple and good things.
To that end, we watched both (seriously) Larry the Cable Guy (Netflix) and Dukes of Hazard (TBS). Now, I am somewhat of a sophisticated viewer of films (Hey, I got plenty with subtitles) but there were parts, albeit limited ones, that made me laugh. Is it me or is well done bathroom humor immune to the time/space continuum? Again, simple things.
Congratulations to step-brother Heath who just welcomed in his son Haydon.
Additionally, more congratulations to the other step-brother Joshua who will be getting married this month.
Lots happening in February (not the least, is the ‘mind control devices’ jewelry stores like Jared’s and Kays are trying to get you to download from the TV)
It goes without saying that MA wants her project to complete ahead of schedule.
We will see. Betting yes, but then again, what do I know (besides the name)?