Disclaimer: “written with the intent to arouse discussion It explores, subjects many like to avoid, but things which exist still in this world of people. If you are timid of mind, and choose to be easily offended, this may well not be for you to read – if you are open to investigate subject matter, then by all means read on. There is no set right answer, because all individuals within groups are distinctively individuals. some items may be more common in one group than in another, but to learn and discuss these variables, is a means to learn more about the human conditions within life and the business climate that has changed and devastated more Americans and took down a whole nation, if you are concerned about it, read and be provoked to “think”, If you have a problem or oppositional to “provocations to think”; then, you may simply want to go to another blog.
If we don’t learn to change the economic modeling and the status support mentality, and turning our lives over to trained theft by process and procedure, within this nation, we will continue to fall.
It’s time for a “New Deal”, where America invest in itself, and continue investing in itself, and stop whining about investing in itself.. its time to stop whining about the efforts to correct this abusive internal commercial systems, and learn to respect the process of having a regulatory system of governance, and learn to respect the value regulatory controls provide to protect the citizens of this nation for capitalism dominating and usurping democracy, and the common sense growth of a nation. and certainly it is time to embrace the current agenda and its current methods to restoring the respect unto the American public, as both citizens, consumers, employees, and communities. We cannot live blind nor pretend to go with the flow, of a system that has ‘created madness’, devastating cities and communities, and damaging the whole of the nations existence. We now even push image of any foreign nations pupils, as the image of educations, but we paint the image of Americans as being less than, only suitable for a party mentality, of waste and opulence of pageantry and pomp, with title worships delusions. And we self defeat a nation by this process. and claim ourselves a depressed people, who has to be addicted to a pill of some sort because we can’t measure up to some delusion of popularity and material status equations, until we diminish ourselves and depress our own common sense. all in pursuit of status and title, pomp and pageantry..
Let’s look at some simple things— starting off with a captions about “Buying Automobiles” .. and see what else unfolds … hopefully, at the conclusion of this writing, it has “been though provoking”. You may derive any result answer that suits your, but the intent is to ‘provoke thought, about our conditions within this nation.
Today, we have an industry that claims it has problems a plenty with sales of cars. They do fake advertisements, and then gouge the buyer at the contracts desk. There is a reason dealership owners become fast millionaires. But what is the cost to community, city and citizens? It is a horrendous deficit created for cities when the facts are broken down to income earning distribution.
Many people who are afforded car loans of 10’s of thousands of dollars, are the same people who are denied home loans for 10’s of thousands of dollars. Why?
Because these Dealers can jack up the interest rate to the poor people who want a car, and people find themselves paying $500+ a month for a car that has been advertised on the media for less than $300.00 a month.
Be Smart.. Set your figure in your mind before you go on the Lot !!! if you can pay up to $50.00 more a month than the advertised cost per month with the low interest claims of offer, then if your credit is claimed bad, then accept paying maybe up to $50.00 more a month, with a loan rate that is not a Point higher than the advertised claims. If the dealer does not want to accept it, and cannot arrange the financing in these terms, then “LEAVE THE CAR ON HIS LOT”, and move along.
if you accept these over priced interest rates, and the high payment, of more than $50.00 above the advertised price, then you are choosing disaster. If they advertise it for $250.00 a month at 1.9%, then you should pay no more than $300.00 a month with a interest rate that is no more than 2% -5%… if they can’t do it, then- maybe you don’t need their car.
Reality is this: “DO NOT ACCEPT ANY OF THESE RATES OF 10%-15% and HIGHER – regardless of what the dealer says. “Walk AWAY” !!! If you pay the 10%, 15%-22%-25% interest rate, and end up with a payment of $500.00 + a month, remember, you will still have up to $150.00-maybe even $200. a month in insurance cost, and all the other stuff they try and sell you. “DO NOT ACCEPT ANY OF THESE “HIGH” RATES, YOU WILL SUFFER IN THE END RESULT… “THINK” before you let them play on your ego and your esteem, and manipulate you into these looser type of contract situations. it is not designed to benefit you. other than to put you into a vehicle, that will become your own personal economic downfall. Respect yourself, by demanding a rate and payment, you can live with and manage your other life concerns. if they can’t help you, go buy a used car, and still do not accept any rates that exceed 5-7%. if they don’t want to sell it to you, then let them keep it..
Suddenly, you car cost you around $700.00 a month, and then you have to put fuel in it, so your cost results to consume nearly $1000.00. a month of your income.
We wonder why people can’t afford homes, or they are strapped between having a new car, and rent, along with the need for food, clothing, and in some cases the need to pay student loans, or medical co-pays and such things. and quickly, things spiral out of control.
REALIZE THE TRUTH !! You as the consumer, hold the power, because you do not need to feel forced nor compelled to buy the car, unless it fits within your budget, and you are not being gouged with high interest rate. LEARN TO SAY “NO’… when these dealers get tired of those cars sitting on their lots, then they will find a way, to sell it to you at the same media advertised rate, of 1.9% but not higher than 5%…. or they will be stuck with the car sitting on their lots.
IT IS THE RESPONSIBILITY OF EACH AMERICA CITIZENS, TO ‘TAME AND MAKE BUSINESS RESPECT THE GENERAL PUBLIC”.. WE CAN NO LONGER SUPPORT SYSTEMS THAT ENCROACH ON THE AVERAGE CITIZEN AND RESULT TO DAMAGE A WHOLE NATION BY THEIR GREED AND MIS-DEED MENTALITY.
If America wants to improve the car sales, they will learn to correct the business of selling cars, and respect the public that buys cars. and sell them at a rate where people, do not result to spend 1/2 their income just to have reliable transportation. Then sales will improve. But be aware, of how many years you are getting locked into, and make sure, that the car is of a quality that will last for the length of time you are obligated to make payments on it.
You don’t want to buy a cheap low quality economy car, and be wrapped into 5+ years of payments, because the car may not have been designed for such longevity, when the car producer continues to make new cars each year, they must sell to remain in business. so you need to pay attention to ‘re-sale value’, if after 3 yrs you want to trade it in. If it is a car that depreciates rapidly, then you had best figure out what you are loosing.
If you buy a car and the payment cost you $500.00 a month and insurance cost you $150. that is $650.00 .. Multiply that times 12, – that is $7800.00 a year, if you just consider the car alone, that is $6000.00 a year. – Can you afford to spend $6000.00 a year for a car, when your yearly income is less than 30K a year??
Before you answer add in the cost of fuel, which may be at an average of say, $40.00 a week = $2080. a year. so to utilize this car, can cost you $9880.00 a year. if you make 30K or less, that is 1/3 of your income. spent on a car.
Now if that dealer, sold you that same car for $250.00 a month, and your insurance was maybe $90.00 a month, then your cost would be: $3000.00 for the car, $1080. for insurance, and fuel $2080. = your yearly cost would be: $6,160.00 – that car would cost you only 1/5th of your income.
If the Dealers, were truly interested in moving more cars, they would consider this carefully, and more people would and could afford cars, and the economy as a whole would improve, because that affords, $3720.00 per year, for people to spread around the over-all economy. or to meet their other obligations with some nature of reasonable progress.
This is how people FORCE change, the rip off by use of ’INTEREST RATE” by, not accepting any purchase that has high interest rates /> the people can stop this madness of rip off – which banking systems are doing, which is killing this country. and the only winner is – Banking systems. Another lending institutions.
Americas become indentured and their lives dominated by – Interest Rate Robbery..
There is no reason for banks to claim $4+ billion of profit per 3 months, at the expense of devastating the economy, that is $4 billion dollars, this is money which can be recirculating into our over-all economy. We allow banks to gouge us, by thinking we need things, at the inflated interest rates, rather than to simply not purchase it if they do not give us the favorable rate as advertised.
Current credit rating system, by all practical purposed is now outdated and non functional in a society where credit default has hit the so claimed leaders of this nation, which was banks; defaulting, but they want to hold the public to a higher standard, when they themselves defaulted, and used tax payer money to prop themselves up, and in turn they come back and want to rate the public by a system that is outdated and no longer is valid.
What matters is” INCOME”, if you have income that can be managed to show your ability to pay- not some score that no longer works in a nation that itself has suffered default based on score rating. This rating system, as stumped the growth of this nation, with denials, and forced higher interest rates. and we wonder why no growth is a condition of this nation.
Only the over-saturation of publicity about credit scores, keep this as the albatross around the necks of America workers and, the general consuming public. Your rate of pay, and your monthly obligations, should the measure of whether or not you can purchase. Not some score that become a nightmare unto many.
Maybe cities themselves, should sponsor – Location Income to purchase data, and not rely on any nationalized system. Especially when it comes to home purchases, and work with local and regional lending organizations, that do not trade home securities in and on the open market as if to gamble with peoples homes.
We’d have a more stable system. Homeownership would increase, and home payments would fit within a managed and fixed interest rate cap, and we’d be able to rebuild our communities, as well as improve our city tax base income generation.
We put too much trust and give our lives over to the criminal banking systems of this nation, even after they showed us how criminal they are, in the crash of 2008. We need to awaken as a nation and stop pretending to be ignorant to what has been taking place by this industry of banking, or being hoodwinked by slick talk and fine print, they craft to become a criminal organization sanctioned by fine print collusiveness.
Today, our nation is run by “traders on Wall Street”, who’s sole aim is to make a ‘commission”, they over inflate stock, and over trade commodities, until the value to reality ratio is 300% above the actual value, then they put pressure on the company to perform beyond what the public can afford to purchase, and the result is, jobs are lost, and product quality and service declines, and ultimately, the company is ‘SUNK”, by the games traders play, all for the sake of commission.
Money rarely reaches the company whose stock is being traded in this game. the only think the company gets, is the option to ‘BORROW” against these inflated numbers, and reality sets in, and they find out they ‘over borrowed, based on inflated and fictitious value, created by the spin of traders.
The stock market was designed for people to invest in companies, and the collective funds, was to go to the company, to cover expense, growth, and development and sustain their business. But nothing goes to the company, but a options to borrow against the inflated value. all the invested dollars of the public is ripped off by trader commissions, brokerage commission, lawyers, and then bankers, who turn and charge interest rates on this money, the company should never have needed to borrow, if the investment funds of investors had gone directly to the company, the investors chose to invest in.
Smart companies today, would and should set up their own DIRECT INVESTMENT programs< which pay dividends based on its ACTUAL PERFORMANCE, today, every company can manage its own investment from investors, they don’t need their stock traded on an open market. they’d cut out the brokers, they’d cut out the day traders who loot and rip away value, and they’d eliminate the need to pay banks interest rates, because they’d have the funds directly placed with them from the investor.
We’d see company growth, company stability, and product quality that matches with what the public expect, and we’d see ‘salary caps placed on executives, and Stock options ELIMINATED FOR THE EXECUTIVES, if they want stock, they will be forced to buy it with their own salary earnings. then companies would become stable, and function with some level of dignity of economic stability.
No more bonuses that are outrageous, the highest bonus any executive could get would be the value equal to what the lowest paid employee receives as a yearly salary. Not a penny more. then, when pay is considered in the employee ranks it will be in direct proportion to respect for the people who actually do the work.
Then each employee would get a yearly bonus, rather than giving millions and 10’s of millions to hired employees, based on title. These are nothing more than human beings who are employed, there is not reason to give over the company income to them, and then allow them to convert the company into their hand by giving themselves millions upon millions of shares of stock. they were not hired to transfer ownership of the company to themselves, but that is exactly what they do, and they pay themselves a salary with perks and bonuses, as if they are the sole owners of the company.
This game needs to be OVER’. But until the America people awaken and realize how they not only give away their jobs to these goons, they crash their own cities, and devastate the national economy by allowing this madness to continue.
if these Executive don’t want the job, because they won’t be allowed to steal by process. Realize, all these universities produce people who are capable of running these companies, then we’d stop giving this right to steal, to people from Ivy League institutions. and that will bring back respect to any and all universities. Rather than pretending that these Ivy League schools are the only place who can produce people to run companies.
Truth is, this nation was devastated by Ivy league types, riding on degree and title and namesake, and then claiming they are the only talent, and must be paid a kings ransom, to simply do the job they were hired to do.
WAKE UP TIME AMERICA. stop insulting yourself, by claiming and paying these goons to continue to destroy this nation, its industry and its economy, while it is a system that has continually devastated communities, and caused whole cities to loose their industrial capacity.. That is the result of Ivy League trained goons at the helm of American institutional industry.
Think… and don’t be afraid to think… and surely don’t be so quick to live like sheep, and turn your lives over to trained criminals, who bleed a nation and despair its people.
Get the people out of congress, who support this madness. Sadly when it comes to party, we all have witnessed the Republican party, fight to defeat any and every act of reform, they do not want to get out of bed with these criminal systems, they do not want reform in banking and industry, they don’t want reform to medicine and pharmacy, or any other things, which puts money in their pocket to divert the democracy over to the control of capitalism. and your vote and voice is sold away like a commodity.
Americans, like to play “let’s forget”, but they ignore to open their eyes, and see how in 8 years a country lost 500 years of equity. and the party that orchestrated this down fall, were the Republican policy makers, who simply let capitalism demolish democracy, and create a system to rob, loot, and sell off a nation and all its ability to produce and provide the products it utilizes.
RESULT: unemployed American people, RESULT; cities who say their income revenue fall, due to the collapse and carting away of industry and selling it to foreign shores. RESULT” people lost homes, and business and lost the ability to educate their children’s, and the LOSS of revenue to properly fund and operate and modernize our schools.
And still we want to play “ Let’s forget’... it’s time to take responsibility for what we do in the past, as well as what we do currently, and what we do for the futures. No more of the delusions, of trying to ‘ignore the faults and wrongs of our past”, and pretend it did not happen, its time to face it, learn from it, make the corrections and grow…. it’s time for Americans to get over this “Goodtime Charlie and Suzy game’, and become responsible people, who pay attention and take responsibility for the acts and actions we do, and the acts and actions we have done, and correct it. and move ahead.
Blind acceptance of claiming to be of ignorance and short attention spans, does not serve us nor our future. Nor does it benefit us to listen to pundits, who make millions by stirring drama posse mentality, to hoodwink and divert the attention from the reality we face.
In 8 yrs we fell from being a leader, to spending 8 years as a nation that borrowed nearly a TRILLION dollars, from a country that only 20 yrs ago was considered a undeveloped nation, now here we are in debt to China, and dependent on China, to provide us everything from tooth paste to car tires, and we can’t even produce and provide the clothes we wear on our backs. We don’t make the television nor computers that we use, and we now even buy the ingredient we put in the processed food we eat.
We are our own worst enemy, feeding destruction within, by the worship of title, and the obsession with pageantry, and the delusion about status and title driven criminal support systems.
We ignored COMMON SENSE, which is what built this nation, and we think only a degree is intellect, but we watched none of the claimed PhD, had a clue, nor any of the claimed Talented CEO’s had a clue about the fall of the nation. but we paid and listen to them, as they further delude and rip us off as a citizen and nation.
Small business that support this nation is not run by Ivy league people, nor is it created by Ivy league people, but they have destroyed more business and ran more business in the ground and devastated the common sense people who created the business, when they made the mistake to entrust their business to the hands of these trained goons.
Every day hard working people create business, but soon as it shows a profit, here comes the goons, with fast talk, convincing them to go public and nation, and soon as they do, the business suffered for over-load debt, and the only profiteers, are the CEO’s the banks, the brokerages firms, the traders, and the Attorneys… and people result to see their business go up in smoke.
RESULT: A nations has fell from being number one, to being so far down the list, they hide the truth that we now have cities that look and function like 3rd world communities with devastation’s city wide, from state to state.