The Great Recession nearly wiped us out. Polls continue to show that people understand how deep Bush put us in the tank and that middle-class spending is what drives our economy, thus the long slow recovery. There are some good charts at the link that show what we make, what we own, what we owe —
The Recession’s Toll: How Middle Class Wealth Collapsed to a 40-Year Low
If you read the link above, you know how important it is to our economy to help struggling underwater homeowners. This link explains how difficult it will be, and how it will be accomplished.
Obama to Help Screwed Homeowners (Finally)
(from the link): The U.S. Internal Revenue Service has released new rules for investment income taxes on capital gains and dividends earned by high-income individuals that passed Congress as part of the 2010 healthcare reform law.
The 3.8 percent surtax on investment income, meant to help pay for healthcare, goes into effect in 2013. It is the first surtax to be applied to capital gains and dividend income.
The tax affects only individuals with more than $200,000 in modified adjusted gross income (MAGI), and married couples filing jointly with more than $250,000 of MAGI.
The tax applies to a broad range of investment securities ranging from stocks and bonds to commodity securities and specialized derivatives.
The 159 pages of rules spell out when the tax applies to trusts and annuities, as well as to individual securities traders.
Released late on Friday, the new regulations include a 0.9 percent healthcare tax on wages for high-income individuals.
Both sets of rules will be published on Wednesday in the Federal Register.
Obamacare Investment Income Tax: Wealthy To Pay 3.8 Percent Surcharge On Capital Gains, Dividends
Happy Zappadan, a holiday tradition that ranks right up there with Festivus for the rest of us.
Tuesday, Dec 4, 2012, 6:15 PM
3 Humanists Went
Check out this Meetup →
God, hate this time of year. Zappadan and Festivus are all that keep me sane!
I am not a big coffee drinker …and no way am I a lover of these overpriced coffee shops…..but these art designs on top of lattes are quite cool…
I’ve learned something this week. Did you know that if the police call for a tow truck, that it is considered an ‘urgent’ call and the tow charge is higher than if you called for the tow truck yourself?
My son, his wife and 2 young kids were about 5 miles from the Eldorado Walmart when their front tire blew out this past Sunday night. It was after dark, so it was not the best time for this to happen (is there ever a good time?).
But, they were in luck because a local police officer was nearby and stopped to help them.
My son never even thought to ask if the tow charge would be more if the police called – it never crossed his mind.
Anyway – the tow truck came and that is when the driver told him about the extra charge.
So – one lesson learned.
Since my son had just purchased this tire at Walmart two months and bought the road hazard coverage, he had it towed to the Walmart (where they have shopped routinely for the past 5 years). It seems like every clerk in that store knows my two grandkids. (LOL)
But I digress…..
Since it was Sunday night, the auto department was closed so my son and his wife went in the next morning to see what Walmart was going to do about this tire and that road hazard coverage.
The auto dept manager said they would replace the tire for free – after throwing a hissy fit that would make a 2-yr-old envious – but my son was adamant that they should cover the tire since it was only 2 months old.
Well – later that night, they went back – after the manager left for the day and some guy from th e Sporting Goods Dept was there to inform my son that he owed $200 for the tire. When my son said that the manager told him it would be replaced for free – this guy started throwing a hissy fit.
That is when my son demanded to see the Store Manager (which was, of course, gone for the day) so a Customer Service Associate Manager came back and my son went through the entire story.
My son said that the auto dept mgr had no right to throw the paperwork for the tire purchase up in the air and then continued on with his hissy fit.
My son also said it was the same hissy fit thing he got from the Sporting Goods guy that came over and tried to bully them into paying the $200 after they were told that the tire would be replaced for free – since it had road hazard.
My son – who is usually very patient got fed up with the entire Walmart bunch by this time.
The Customer Service Manager said that he told thte auto dept guy to call my son before putting that tire on to see if that was what my son wanted to do.
That phone call was never made……
My son – who can be stubborn – simply said – then take off your tire and put the flat one back on and I’ll have it towed to the auto shop down the road where they might appreciate taking business away from you.
So – that is what happened. The Walmart guys would rather condone their employees chldish hissy-fit throwing than to do what is right.
As my son started to leave the auto dept – he pointed ot the big sign on the wall right behind the service desk that reads – Our #1 goal is Customer Satisfaction.
Two lessons learned –
1) Call for your tow truck.
2) Walmart needs competition and needs it NOW….
How can people start a petition to ask Costco to come to Wichita?
I am seriously considering doing something pro-active to let Walmart know they have run roughshod over their customers for way too long….
Let’s face it – Dillons is not really a threat to Walmart. And Target – geez, they close at 10pm and their food department is no comparison…
It’s time for the Goliath Giant Walmart to meet their David with just one good slingshot.
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