Showing posts with label Solutions to Current Climate. Show all posts
Showing posts with label Solutions to Current Climate. Show all posts

Sep 16, 2008

How Much Does Age, Race Gender Affect Our Election? The Spiritual Connection

One of the hot topics for this election, are we having another Bradley affect? Is there hidden bigotry among our fellow voters? And how does this really affect the true spirituality of the individual, and the group as a whole?




I will take the reflection of spirituality through the eyes of a Christian. However, many religions inhabit the United States, and I don't see vast dissimilarities between the Supreme Beings of a particular sect, or for those just into the Spirituality of Living. Actually, 92% of Americans believe in a Higher Power, and they are no better nor worse than your average agnostic.

Obama, McCain (though Obama led off) - offer speeches of a United America (overcoming partisan politics). However, in activating the Republican base, McCain has vented half that unification message away. While the majority does believe in a Higher Power, Evangelicals believe in a God of their own choosing. They also believe - that somehow, others are less than they when it comes to equal rights (hence the harsh stands on right to life, Creationism, etc.)

By offering a unification message, Obama is actually speaking to the commonality of Human Kind. This is the basis for most of the Democrat Doctrine. And, when it comes to politics, have the Social Conservatives (as they like to call themselves - harking to the rally once Palin hit the scene) forgot some basic principles of the Bible?




Bigotry is a SIN. Messages from the Bible (and most other religions), include phrases such as Love Thy Neighbor, and - God creates every human in his image. But the flip side - God is not black, white, man, woman, or human. So what is this image? It is the Spiritual Image that we speak of, the essence that connects us to Our Higher Power.

As we approach the elections, however, some media have covered the aspect of our First African American to be elected. Reports abound as to folks that just can't bring themselves to that vote. They have disguised these pretexts with He won't wear the American flag, He's really a Muslim, etc. etc. Even some Democrats seem to have problems with this. Many excuses are used - most often is being upset that Hillary Clinton lost the race. (When it comes to the issues, this shouldn't even be a factor).

And the Democrats are not opposed to a little mud slinging themselves. While it may be true that McCain chose a woman to be his Running Mate for political purposes, declaring that if Obama had chosen Hillary for his VP, would that have changed McCain's stance? So we have bipartisan political bickering, swirled in with "Can I vote for a Woman", "Can I vote for a 72 yo", and "Can I vote for a Black Man?"




Bigotry on the basis of Race, Age, Gender (and I might add Disability) - dehumanizes the person whom one is considering in the election. But the Media has recently fanned tons of attention to Sarah Palin, whom doesn't really want to interact with them (Hmmm, methinks this is a strategic decision), as opposed to when they fanned Obama with attention. They are hoping to pick up those disgruntled Democrats, independents (even though Palin's views differ from 60% or more of the women in the United States). But many just can't seem to get over the African American issue. While many African Americans hold office at various levels - why is this entering Presidential Politics? Are we in such dire need of a slightly aged, good looking Man, with an Armani Suit, to Head our Country? Regardless of what direction he will lead us in? And how well has that worked for the last 8 years?

Besides the Golden Rule of calling on everyone's common Humanity, we should hold each and every one of these Candidates to Individual Responsibility - Barrack Obama, John McCain, Joe Biden, and Sarah Palin. Remarks from guys that she's gorgeous (Palin) via the Media does not help the case. People who have been Hurt, will want to Hurt other people, Basic Psychology 101. I'm glad some folks have grown where the past is the past (Obama's experimentation with Drugs, Palin's hubby and Dui, etc). I mean, our culture has truly grown, and by now, whom hasn't lived through the 60's, and 70's, learned, and passed along lessons learned from this culture to our children?




Yet in this country of stress and strife, where previous elections were run on the basis of fear, and whether you truly loved the country if you opposed the war, we still have emotions running our choices. Take me for example. I want Bush out of office. That person has made so many mistakes, only by stepping up to the plate during our last two hurricanes can he even remotely gain an iota of my respect. And his politics are so anti-Christian, there's not enough room in this article to defend that position. But I knew where my heart lay with the issues. If Clinton had received the parties nomination, I would have voted for her. Since Obama won the nomination, I will vote for him. I personally think Hillary would have made a great VP, but I don't think she wanted the spot. I WANTED Hillary to be the VP very badly. Biden? Oh well. But I don't throw the baby out with the proverbial bath water.

Our emotionalism, evangelical thinking (harkening back to the Puritan era?), is leading folks to vote within their comfort level, and what feels emotionally fit. We then develop a label for our favorite, and those we oppose. This is the dehumanizing affect of bigotry. The blogs spread myths regarding a person's identity, who they are (or whom the author THINKS they are), and separates these people, our candidates running for office, from the Main Stream Human Factor. This is where they become larger than life, and more often than not, aren't recognized as the public servants they were meant to be.




Conclusion: voting for someone because of emotional fit, race, religion, age or gender, dehumanizes that individual, and leads the voter down a path that is not rational. They only hear what they want to hear, and stop at examining the facts at hand. My applause goes out to the AARP commercials for DividedWeFail.org, since they are pressing folks to focus on what is important to them, and make sure the candidates meet the criteria of their issues with more than talk.

We need to focus on the difference between the Identity (black, woman, old, etc.) and the Integrity (experience, value set, and standing on the issues) of the individual. Of all these, the ISSUES are the most important. You may want to vote African American for culture sake, or Vote McCain/Palin for Hillary's sake, but what is that going to do for you over the next 4 years? Remember, a Democracy should drive the Church (freedom of religion), not the Church drives the Democracy (We tell You what to believe in).





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Sep 11, 2008

The Credit Scandal - Lehman goes Poop - WaMu Reassures (not me though)


Let's just say I and WAMU had a falling out over SEVERAL ways they messed with my disability direct deposits, how it was posted, and the way they calculated overdrafts for PURCHASES FOR THE SAME DAY.

Whew, long sentence. I have since moved on to a Local Credit Union. NO overdraft protection, and I can use my Savings Account for Overdraft if need be - something WamU would NEVER LET ME SET UP.

But enough with the ranting. Awhile back - MarketWatch told a story of not if, but when WaMu would fail. Along comes the mortgage crisis (hasn't it been here for awhile anyways?). They were part of it. They benefited from it. And now - they may sink because of it.

Late Thursday the nation's largest savings and loan institution releases 3rd quarter guidance and says it remains sufficiently capitalized as it returns to profitability. (via CNN - the following are excerpts)

After its stock price dropped 46% earlier this week, Washington Mutual sought to reassure the market by saying it has sufficient liquidity and capital to see it through these tough times.

The bank "continues to be confident that it has sufficient liquidity and capital to support its operations while it returns to profitability," it said Thursday in a statement revealing part of its third-quarter performance.

Investors fled WaMu earlier this week, fearing the bank might need a new capital infusion beyond the $7 billion it received from TPG, a private equity firm, in April. The share price dropped from $4.27 at Friday's close to $2.32 at the end of Wednesday, before recovering somewhat Thursday to finish at $2.83.

Retail deposit balances at the end of August stood at $143 billion, essentially unchanged from the end of 2007. The bank has been offering high interest rates in hopes of attracting more money.

Note: the Federal Reserve releases money to banks to enable deposit accounts. This portion is not related to the investment/corporate interest of the bank. Assets important to investors include capitol from Freddie and Fannie holdings, along with other investments held by the bank.


After Thursday's announcement, Fitch Ratings downgraded the company to BBB-, with a negative outlook, citing concerns about its ability to maintain its capital levels. "WaMu's most significant operating constraint in the intermediate term is maintenance of capital levels at sufficiently high levels to be considered well-capitalized by its regulators," the ratings agency said. "Fitch believes WaMu's ability to keep capital ratios at acceptable levels will largely hinge on how well it executes on previously announced expense saves and modest balance sheet reduction initiatives."

WaMu also holds preferred shares in Fannie and Freddie, The preferred stock was valued at $282 million on June 30th, 08.

WaMu announced it had entered into a memorandum of understanding with the Office of Thrift Supervision, which was concerned about its risk management and compliance functions. The bank will now have to provide regulators with a multi-year business plan and forecast for its earnings, asset quality, capital and business unit performance.

BIG NOTE: Now is the time to rethink your priorities folks!!

SAN FRANCISCO (MarketWatch) -- Lehman Brothers is for sale as Wall Street and financial regulators rush to salvage a once-thriving brokerage firm that's threatened by a potential exodus of clients and trading partners.

The Treasury Department and the Federal Reserve are helping with the sale, the Washington Post reported, citing sources familiar with the matter. Nothing is finalized and there are several potential outcomes, but a deal is expected to be unveiled this weekend before Asian markets open Monday morning, the newspaper added.

Lehman shares slumped 42% to $4.22 on concern any sale of the firm will be at a knock-down price similar to the Bear Stearns bailout, which was brokered by the Treasury and the Fed in March. Lehman stock slumped another 18% to $3.45 in after-hours action.

The Treasury Department, Securities and Exchange Commission Chairman Christopher Cox and senior SEC staff are monitoring markets and are in contact regularly with market participants, a spokeswoman and spokesman said. They declined to comment specifically on Lehman. A Federal Reserve Bank of New York spokesman declined to comment.



Another failure from the Mortgage Crisis? Or is this because the Stock Market is basically unsound on Principle?

Well, lets take a closer look here - re both WaMu and Lehman. Both are Corporate Entities, relying on profits to return to investors. Now - with a slumping economy, someone's bottom line has to go. But why these folks? Well, it doesn't really matter.

Once upon a time, we had a fixed standard of cash. But with a growing population, that would not be very prosperous (think of the booming 50's here). So the Feds deregulated money (especially during the Nixon era), and walla - we create money to fulfill the needs of deposit accounts.

Over the long term - this leads to excess cash. And, as it so happens, the top 1% have more cash than the bottom 15% of the population. However, to keep that top 1%, they need the rest of the population to FEED them (i.e., consume goods and services in some way). However, the gas prices soared (heaping the profits of otherwise top Corporations into the Oil Companies), and the dollar continued to devalue (since you can print it endlessly - this is bound to happen).

So we can't afford to feed them so much (i.e. the Mortgage Crisis - folks can't afford the homes, prices go down in the market, China and Russia pull their money out - the risk of using foreign countries/companies to hold your debt, and we have a self-perpetuating perfect credit storm).

As this progresses, other investors will pull out of different Markets (snarky comment - Walmart may be the last to go). Hank Paulson may try his best, but CHANGE is coming - I hope they can adjust as much as they wanted the general population to adjust to their investors' needs.








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My First Post - Love Coffee? Its On! Save Money!!

With this tough economic climate - who is NOT cutting back on their grocery bills? I learned this little technique in the early 90's, when we were again facing the economic climate of Trickle Down economics.

I, like my sister, enjoy the fresh ground coffee (or as in my case, specific gourmet blends found at the grocers, and then ground.) Savings here - fresh coffee ground, kept in refrigerator - no Coffee Grinder to Maintain. Another note: Where to Buy Your Coffee. I use Winco. 1 lb. is 5.98. That's right. I DO pay attention to the sales (such as for Tullies prepacked at Safeway, and note not only the price, BUT THE PRICE PER POUND - matters in a 2fer sale). $5.98 per pound is AWESOME for fresh coffee beans. Look for similar discount, big box stores that offer that same kind of pricing (up to $4 or more from other Stores and Brands).

Use a 10 - 12 cup coffee maker. You can then tailor the amount of coffee you want to make. You don't need Starbuck's latest equipment to make your coffee. Over the long haul - the imported Coffee Makers work well, and need to be replaced every year or two (I use mine daily).

However, here is the meat of the savings. Use TWO coffee filters, yep that's right, TWO. This strategy is 2 fold. For 10 cups, you can use 3 scoops (hint, the finer the grind, the better this works) of coffee. Experiment with 3 cups if you like. You will get the gist of the amount you want, to the strength you want. Now, you have the additional quality of Starbuck's coffee. Add on with your favorite creamers (I use International Delight - was 2.59 in August, went up to 3.10 in September, but still cheaper than Safeway, Albertson's). And you have coffee you can take anywhere, for MUCH CHEAPER.

But wait - there's more. Don't throw the coffee from Day 1 away. The next day (assuming you have a moderately clean household - no mold flying around) - for 10 cups, add 2 or so scoops to the preexisting coffee. You get the same strength, have saved a scoop of Coffee, and used the same amount of Coffee filters. Its the TWO coffee filters that makes this system work.

You can add cup differentials by using the smaller filters for 3 -4 cups or the larger filters for 8 - 12 cups. I've actually made the mistake of buying the smaller filter, and using it for the larger size (but they cost the same - so it doesn't really matter).

They are out competing for your dollars. They are creating smaller packages AND increasing prices to hide the TRUE cost of inflation. Using common sense - you can still get some of the luxuries in life you crave, for over HALF THE COST. Vote with your Pocket Book.




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