Wednesday, October 12, 2011

LOVE$$$$

LOVE, what is love? Nobody knows but as men we know the cost of it. On that first date you want to take a girl out to the movies and dinner. Lets just stay yall are going to see Paranormal Activity 3, so that’s going to cost you about $18.00 bucks for the tickets plus popcorn and drinks which is another like $20.00 bucks. So that a total of $38.00 dollars off the top and if she is a sweet girl she would want some candy which is an addition $4.50. You’re spending out $42.50 and yall haven’t even made it to dinner yet. For dinner yall chose The Cheesecake Factory, yall order 2 meals, a drink, and 2 slices of cheesecake. That approximately add up to $55.50 dollars, spending a total of $98.00 dollars on your first date, a girl you don’t even know that well. Some might say that not a lot of money but when it coming out of your pocket it’s a lot of money. So when you driving her home you better hope she not in love with you. If it true love let’s just say yall get MARRIED who know how much weddings cost now and days. The average for a decent wedding is $24,000 dollars with is a major deduction in your wallet. Being in love with a girl is cool but it’s also costly.

Tuesday, October 11, 2011

Paying after the Slip

A recent national survey has found out that one out of every three Americans would be unable to make their mortgage or rent payment for the next month after losing their jobs. Even higher-income households would find themselves in trouble quickly. Ten percent of survey respondents who make 100 thousand or more said they would immediately miss a payment on their mortgage or rent. One spokesperson proposed a solution to help the unemployed, but it requires people to be taxed more into a giant savings account that would be spread across the unemployed to help them pay for their mortgages or rents. The unemployed would really push for this proposition, but most all other people that have a steady job and paycheck don't like this idea. They don't think it's fair for them to just give their money away to the unemployed when they have to work all the time and work to stay in the house they bought themselves. The unemployed people would not start looking for a job so soon if they were handed money to pay for their rent and everyone would possibly have to start working more to make up for the money they have to give away to the unemployed to get by. Jobs might open up left and right if this happened so that the unemployed people could quickly find a job and less people would have to be taxed to help support the unemployed. If this proposition was implemented a lot of people would get very angry.

Sunday, October 9, 2011

Race for the Cure

The Susan G. Komen for the cure foundation is a very inspirational cause that many people donate money to every year. The money that is received is all used for research for finding a cure for breast cancer. October is the month for breast cancer and everything at this time has pink on it and its proceeds go to the cure. Schools are now playing a big part in helping out. Schools all across the country are having 'pink outs' at their football games and pink merchandise is being sold, like pink gloves, cleats, wristbands, tape, etc. All of the proceeds go to the cure. Student council for these schools are ordering pink shirts that are sponsored by local donations and all the money received from buying a shirt goes to the Susan G. Komen foundation. Even if someone is not affected by breast cancer or their friends haven't been affected by breast cancer, people need to donate money to the foundation just because it's for a great cause that can happen to anyone. And a cure needs to be found so it won't happen and if it does, it can be cured quickly. Everyone needs to be apart of something special and by donating to this cause, people can feel good about themselves and know that they are helping out in the fight to find a cure for breast cancer.

Saturday, October 8, 2011

Facing Buffett

At an attempt to force the Buffett rule the democrats look to raise taxes on millionaires and billionaires by 110,467$ per household on Obama's new jobs bill. Than would mean 392,00 households But the bill will likely not pass because of the republicans firm position in not raising any taxes. But that doesn't mean Buffet is going to give up on ruining his former country club buddies payouts.

http://money.cnn.com/2011/10/06/news/economy/millionaire_tax/index.htm?iid=SF_E_River
http://www.cbsnews.com/8301-503544_162-20115870-503544.html

After billionaire Buffett claimed he had paid less in taxes than his secretary, conservatives from the Wall Street Journal doubted his claims and asked to have his tax returns to be released to the public. Here is where things get interesting... The Wall Street Journal is controlled by the conservative media outlet Fox. Warren Buffett is only willing to release his tax records if the owner of Fox, Rupert Murdoch, releases his own public tax records. What Warren just did could make the icon of the conservative political media known as one of the most greedy individual in America. If Rupert does not release his records Buffett proves his point that there are millionaires hiding the fact they pay a very low rate due to loop holes in the tax code, if Rupert releases his tax records and they are as low as Buffett's then it makes the republican party look greedy.

I think the Buffett rule should not lower taxes rather declare all tax records open to the public! That way if anyone cheats the tax code everybody in America will know it and think they're greedy. Uncle Sam can now guilt trip you to pay your taxes.



Friday, October 7, 2011

The Future of Apple

The former CEO of Apple, Steve Jobs passed away a few days ago and many people are mourning his loss. Some people believe that Apple won't have much success now that he's gone. Others have said that with the products that Apple has recently released the company will have momentum for the next few years and they will be fine. The challenge will be if Tim Cook, the new CEO, can continue the success that Jobs lead Apple to for all these years. Jobs was instrumental in designing new technology and products that have revolutionized the world. The demand for the new iPhone 4S coming out soon is so high already and that's because of the new technology that was put in it and that technology was designed by Steve Jobs. Now that he is gone, people worry that in a few years the Apple products won't be making the huge leaps they are now. They fear that the demand for all their products will go down affecting the company's production, thus causing their prices to go up to make up for losses. Right now a lot of people are going to be buying Apple products just for Steve Jobs and this will be happening for a long time, so Apple should have nothing to worry about with their production and demand for their products. Apple will flourish and will forever flourish even without Steve Jobs. Tim Cook will take the company farther than it's ever been and will innovate this world in ways we will never even imagine.

Wednesday, October 5, 2011

IPhone 5
When it comes to iPhones they always sell by the millions. Why do they sell by the millions? Because for one the company selling it is Apple™ and for two it's an iPhone 5 the latest one. Apple creates now devices and as soon as they go on sell everybody wants one. Most of these items are luxury but they can all be use for necessary reasons. Apple sells iPhones for about $200-400 dollars and iPads for about $500-700 dollars and on top of that they are selling it by the millions so there bringing in major cake (money). These devices easily go down in value, because if you drop it and the screen cracks (SMITH) then you can't resell it for that much. When somebody brines are crack there iPhone there looking to get another which provides me money for Apple™. Personally, Apple never really change stuff on iPhones and iPads they either make it big or taller or wider or smaller with the addition of a camera. I respect the amount of money Apple™ is bringing in but the at they can do is change it up and give the people there moneys worth!

Sunday, October 2, 2011

Dodging Bankruptcy

The Los Angeles Dodgers and owner Frank McCourt will face MLB commissioner Bud Selig in the court room october 31st to decide the faite of the team. Frank McCourt had to file for bankruptcy after Bud Selig denied the Dodgers right to a 150 million dollar deal with fox to televise their games. Selig believes it is best for baseball if McCourt loses ownership of the team. However Judge Kevin Gross will have the final say in the bankruptcy court room over whats best for baseball.

http://www.businessweek.com/news/2011-10-01/dodgers-bankruptcy-judge-orders-testimony-by-mccourt-selig.html

Frankly Bud Selig does not want another team like the Yankees or Red Sox to to be exempt participating in the league's revenue sharing system. Similar to how the Long Horn Network doesn't have to share its profits with other teams by having their own network. However the existence of networks like YES and LHN have been motivated by "greed", the dodgers were just trying to stay away from bankruptcy. If the Dodgers go bankrupt it will be very interesting to see how the future of sports telecasting rights change. It is very possible that this decision could be used down the line to create laws for collegiate athletic broadcasting. Especially with the fallout of athletic conferences.