Friday, January 30, 2009

Obama-Limbaugh-TEDBITS Stimulus Plan

After Obama launched Limbaugh into legitimacy by mentioning him, by name, in a high level white house meeting, Limbaugh challenged back with the following Obama-Limbaugh stimulus proposal as published in the WSJ: http://online.wsj.com/article/SB123318906638926749.html

To wit, Limbaugh writes, "Fifty-three percent of American voters voted for Barack Obama; 46% voted for John McCain, and 1% voted for wackos. Give that 1% to President Obama. Let's say the vote was 54% to 46%. As a way to bring the country together and at the same time determine the most effective way to deal with recessions, under the Obama-Limbaugh Stimulus Plan of 2009: 54% of the $900 billion -- $486 billion -- will be spent on infrastructure and pork as defined by Mr. Obama and the Democrats; 46% -- $414 billion -- will be directed toward tax cuts, as determined by me."

I like this bi-partisan idea but would like to add my own twist to Limbaugh's $414B. Rather than tax cuts, I suggest we issue US Citizens prepaid debit cards in the amount of $1,600 each. That is $414B/the number of US Citizens 18 and older less administrative expenses. These prepaid debit cards would expire in 24 months of issue and can be used at any establishment capable of handling major credit/debit cards. Default PIN number would be the last four digits of your social security number.

Now my dear readers.... that is stimulus! Four times bigger than the Bush stimulus checks of 2008 AND they can't be saved and must be spent!


Important Information On Your 401K

I couldn't resist....

http://www.chrismartenson.com/blog/government-offers-buy-impaired-401k-assets/12386

Saturday, January 10, 2009

I Am Somewhere Between Morocco and Botswana




Well, I tallied up the 2008 TEDBITS portfolio performance and I am down 14.6% for the year. When stacked up against the performance of various stock markets around the world, it appears that I find myself somewhere in Africa.
Click on picture to enlarge---->

Sunday, January 04, 2009

It didn't happen 30 years ago, so why now?

'>


Clip Courtesy of HULU.COM

Original Air Date: May 11, 1978
"The Sighting"
Season 4; Episode 22

Network / Studio- Sony
Title- Barney Miller

Description- Situation comedy about a New York City's precinct captain and his multi-ethnic band of officers. The series won several Emmy Awards including Outstanding Comedy Series.