KEEP THE CREDIT CARDS IN YOUR DRAWER

Keep your credit cards home when you decide to shop. Use cash and where you can use your debit cards or personal checks. Every person who decides not to use there Credit Card is putting a big gash into the wallets of the Credit Card issuers, they only make money when you use the CC. So don't use it, if you can avoid it.

Capital One is hurting big time, from less usage and from people who are defaulting on the rip-off interest rates of 25% to 30%. Their is a backlash from many people who paid on-time and viewed their interest rates rise from 5% to 20%+.

The less you use your card, the more hurt you put the the CC companies.
Continue to Twitter and write Congress to place a CAP of 10% interest on all credit cards. Twits growing in volumes globally to CUT THE CARD.

Joe
Go Phillies

"KEEP YOUR CREDIT CARDS AT HOME"

The Credit card companies are lobbying the White House to "NOT" impose new rules and regulations and "NOT" to cap interest rates. Send your congressman, Senator and the President a message. Go further and send them a copy of your credit card statement and ask your elected officials for some of the "TARP MONEY" to pay it off and state to your congress-person that you will pay the TARP money back at "0%" interest over a 7 to 10 year period.

You see, I don't believe all,if any of the TARP MONEY TO BANKS,will ever be repaid,let alone with interest. 500+ billion just vanished into thin air. If the TARP money is sent to credit card holders or if you send your statements to the Chief of TARP Distribution, (GEITNER), maybe he will pay your bill and in return, All us U.S. Citizens who are lending the banks with our tax money(tarp dollars, can over time repay our small Tarp loans at ZERO% interest.

I see a balance in my idea. Does anyone agree or disagree.

I truly believe, Congress should authorize that every American citizen who paid taxes in 2008, should receive a government issued credit card with $6,000.00 on it, as long as you the tax-payer didn't gross more than $120,000 in 2008.

The money in the consumers hand will go to necessities, medical care, vacations and cars, and most of all food and paying down high interest credit cards.

The politicians think the American People are stupid, they continue to pass IDIOT LAWS. I can tell you this in New Jersey, I will not vote for any candidate that is a lawyer, Democrat or Republican. The elected lawyers in Washington have screwed up this nation with their legalise.

All new legislation and contracts should be written in common English and be clear and understandable to someone who has not read beyond an 8th grade education.

Sometimes being Senile isn't so bad, Politicians, taxes,The G.O.P. and the Auto Industry!

THE SENILITY PRAYER :
Grant me the senility to forget the people
I never liked anyway,
The good fortune to run into the ones I do, and
The eyesight to tell the difference.

Always Remember This:
You don't stop laughing because you grow old,
You grow old because you stop laughing!!!

Each day we wake up, get dressed for work (some of us)
We take the same bus,train, or car(fossil fuel transporter) to visit a client and park in the same garage near the office at $100 to $300 per week)
We are creatures of habit.
We find a comfort zone and we stay there, not venturing beyond the zone for fear of
"C-H-A-N-G-E."
That is the legacy many Government leaders have;nationally,in your State, and Locally at the Municipal level.
People are afraid of CHANGE, Politicians are afraid of CHANGE, after all they could lose their Cushy Pay, and the fancy benefits of the job.

WAKE UP AMERICA, THE POLITICIANS AT ALL LEVELS WORK FOR Y-O-U!, They are bleeding us dry with tax on-top-of-tax. Enough Already, Do we need another R-E-V-O-L-U-T-I-O-N.
The Boston Tea Party was a set-up for Independence.

Do you feel Free and Independent? when every time you look and turn around, their is the tax man in your face. Isn't time to eliminate the I-R-S? and make the tax system simple? I am up to the challenge and would like to be hired to re-write it, but if I write it, many wasteful government entities would be closed, Many federal agencies would shutter their doors and I would bring federal employment down by 50%,excluding military employees and recruits, within four years.
Those ex-gov employees would need to find work in the private industry. The jobs would be there for them but only the cream of the crop would be hired.

The National Republican Party is all but DEAD. The Democrat party is now in charge.
Will they continue to spend on lost causes like keeping the fossils of the Auto Industry alive for American Pride by pouring another 15 to 30 billion dollars into a losing proposition.

The UAW has now become a major stockholder/stakeholder in a shell company called "CHRYSLER" How will the UAW leadership reduce costs, How will they deal with their Union brothers and sisters, Will the UAW leadership work for free? I doubt it.

I believe it is a blunder by the Congress and the President to sink any more money into the carcasses of the American Automobile Industry, Its a money pit, a black hole.

I suggest the President and Congress Offer to every American citizen earning not more than $60,000 as an individual and not more than $120,000 as a joint taxpayer a government backed $6,000 credit card and the elimination of the federal income tax for the balance of 2009.

The US citizen will take the $6,000.00 and spend it on many consumer items, maybe even purchase an American made(union free) Honda, Hyundai, Toyota or VW. The money will be used to pay down rip-off credit cards with interest rates as high as 30%, and much more. My proposal of $6k to 12K per working family earning up to $120,000 will spark the economy because its "REAL SPENDING MONEY" not the measley $300 t0 $600 per family,which didn't do much for the economy.

The BEST AND ONLY STIMULUS PACKAGE IS WITH THE PEOPLE,(AKA CONSUMER), We the People will spend the money on necessities and personal luxuries. Money in the hands of Bankers is lost and will never be recovered, Money into the hands of the Auto Industry will never be recovered.

Economic Darwinism is being thwarted by keeping Chrysler and GM on life-support.
Out of the Ashes of the American auto industry may come 10 to 50 entrepreneurial automobile companies. I would rather have 10 t o 50 new automobile companies than the current/(past)- big three controlling America's economy.

We need move move beyond Fossil propelled vehicles and to do that, we need to bury two of the three fossils:GM and Chrysler. As for FORD motor company, they may need to merge with a European or maybe an Indian(India) Company to survive.

Be Senile, Smile and have a nice day,

Go Phillies

MAHONEY HR627/SCHUMER S.235 FALL SHORT OF CAPPING INTEREST RATES

Congress-women Carolyn Mahoney #HR627/Schumer S.235 Credit Card legislation falls short in many ways, most importantly is a CAP on the INTEREST CHARGED. I faxed the letter below to Congress women Mahoney with my thoughts:
Congress-Women Carolyn Mahoney (14th) NY
202-225-4709

Hello Ms. Mahoney:

I attempted to email you, but your website would not allow me too.

I don’t live in your district.

I have copied and pasted my message below:


YOUR BILL HR627/ S.235 SCHUMER

Your bill doesn't go far enough.
• We need a CREDIT CARD INTEREST RATE CAP OF 10% on all credit cards. A cap on late fees, surcharges to not more than $10.00 per payment period.
• We need a 14-day window to pay the bill beyond the actual due date
• We need to restrict credit card offering to those with a FICO score under 600 to not more than $300.00 to $600.00 until the individuals score rises above FICO 725.
• We need to eliminate the $15.00 to $30.00 charge when a person phones in a payment. We need to eliminate the $39.00 late fee, that is charged and much more.

YOUR BILL IS SHORT ON MANY POINTS. I NOTICED YOU COLLECT BIG BUCKS FROM THE REAL ESTATE, FINANCIAL AND INSURANCE LOBBY.
YOUR BILL APPEARS TO BE PRO CREDIT INDUSTRY BILL ALONG WITH SCHUMERS THAT WILL BE WATERED DOWN EVEN FURTHER.

I have 1-million plus Fellow Tweets spreading the word globally to stop using credit cards by Capital One, CITI, and others. They will know about your bill and S.235 in moments. 10:38 AM.

Joe

______

What is your thoughts. You can Fax Cong. Mahoney at: 202-225-4709
PASS THE WORD TO YOUR FELLOW TWEETS. STOP THE LEGISLATION ABOVE. IT IS PRO-BANKING INDUSTRY. IT ONLY SLAPS THEIR HANDS, IT DOESN'T RESULT IN REAL CHANGE.
Go Phillies

DOES ANYONE KNOW OF BILL S.392?

Senator Robert Menendez has introduced Senate Bill S.392 "The Credit Reform Act of 2009." I could not find any specifics in the outline of the Bill, when I visited govtracks.

It's time to cap interest rates on Credit Cards to 10%.
Don not issue credit cards to anyone with a FICO score below 600 and if a card holder has limited FICO score, limit credit line to $600.00 with a cap of 10% on the balance of their credit card. Limit all fees total to not more than $10.00 per statement.

End the bait and switch tactics of the credit card issuers and banks.

Pass the word for the MONTH OF MAY, BOYCOTT YOUR CREDIT CARD COMPANY. USE CASH ALL MONTH OR USE PAYPAL OR YOUR DEBIT CARD. SPREAD THE WORD THAT MAY IS BOYCOTT CREDIT CARD MONTH. LETS START THE MOVEMENT RIGHT HERE IN SOUTHERN NJ. LETS DO IT BEGINNING ON FRIDAY MAY 1,2009.

Go Phillies

LET'S VACATION ON THE BEACHES OF CUBA, YEH BABY!

It's about time we begin the process of bringing democracy and capitalism to the people of Cuba. While President Obama is literally offering the Carrot and Stick approach to opening up a dialogue with the Cuban leadership by allowing travel for only "Cuban-Americans", I look forward to the day (sooner than later) when I can travel to Cuba and vacation on the beaches.

Many who are opposed claim "Human rights violations", For those who are complaining about those violations, I want to know why we are Purchasing products and trading with China, Russia, Venezuela, Chile, Ecuador and many other nations who are violating human rights.

China on a daily basis is violating the rights of Tibetans, and Chinese brn intellectuals who are seeking 100% democracy and freedom, yet many global corporations based in the USA, have factories and many other corporations import from China.

To those who complain about opening the doors for trade and travel to Cuba, please take an inventory of the goods in your home and the apparel you wear, read the country of origin label, ask yourself how can you wear clothes or watch television or use your computer and printer, since they are all made in China.

Let's swing open the doors to CUBA, so the cigars will drop in price from $20.00 for a Cohiba to $2.00 each.

Go Phillies.

Selective Economic Darwinism (c)

Hello to Everyone who is listening to me. In the last day or so, The United States Government became the proud owner of General Motors Corporation. Well What's a few billion more paper dollars for a company that should have followed the many other businesses mostly small businesses that have failed, are on the brink of shutting their doors or are on life support without any "hand-outs" coming from the Obama administration.

Let me state that I supported Barack Obama for President, but it doesn't mean that I agree with the GM move. Last year it was apparent that GM and Chrysler were not going to make it. The UAW claims they have given back all they can give. Well the way I see it, Once all of their employees are out of work due to Americans not wanting to buy cars that are unreliable and where the quality has faltered not improved over the last few years. I.E. I own a Saturn ION II, It is my second ION II. My first ION II with 106,000 miles blew an engine, so I purchased another ION II, I paid more for the new vehicle that came with less features and is poor quality.

I will never purchase an "AMERICAN" GM,CHRYSLER,FORD brand vehicles again." The Government should have allowed GM and Chrysler to cease operations or file months ago Bankruptcy.

It seems to me the Obama plan is to be "SELECTIVE" in who fails and who succeeds, that is what I call "Selective Economic Darwinism" Selecting certain companies to succeed and allowing others to fail is a pure disruption in the ebb and flow of free enterprise, this disruption only causes more negative ripples down the line.

The suppliers who have to live with uncertainty of being paid, ordering raw materials, juggling who is laid off and who stays causes the ripple effect touch many industries and in my opinion disrupts the economy's efforts to bounce back faster, instead selective government interference hinders an economic return to near normalcy for 2009 and into 2010/2011.

In my opinion the demise of GM and Chrysler is going to happen and no government mandates and no government money is going to save either company, allow both companies to sink into the abyss, allow management to pull together the units that do show promise and through innovation and ingenuity allow both companies to rise out out of the abyss and Automotive technology companies with vehicles that are eco-smart and friendly and so innovative yet affordable for guys like me (JOE EMPTY WALLET) that we can afford to purchase a full or hybrid-electric vehicle.

Many including myself are feeling the pain of eating two cans of tuna fish and an increase in pasta consumption since the economy has turned, many are no longer eating the filet mignon, and sipping on expensive vodkas. I say open up the grill, throw on some cheap burgers,dogs and some ice cold beer and work through it.

Shame on the UAW!

Well, Their you have it! The UAW has rejected the stipulations set by the Senate for the dollars needed to keep the "Legacy" American Auto Industry on life support. Since the UAW refused to agree to the Senate plan.

I propose the Big Three meet their financial metrics by cutting 60% of the employment base.
Here is an example: 1,000 workers earning $75.00 an hour, well, cut it to 400 workers earning $75.00 a hour, discontinue product lines, and spin-off other product lines as independent companies, such as SATURN and PONTIAC.

$75.00 x 1000 employees= $75,000.00
$75.00 x 400 employees = $30,000.00
The UAW membership retains the current wages at the detriment of the other 600 fellow Union members.

Here is a suggestion: Take the 50% pay cut and be fortunate you still have a job or continue to be stubborn and lose your job and your home, your car etc.

I own a Saturn ION, its my third Saturn vehicle. This version of my ION II, cost me more money and offered me less extra's, It also runs poorly and its a 2007 model.

My next car will be a "HONDA Hybrid!"

I will not support the American Three from this day forward: GM, Chrysler, and Ford.
You can bank on that .

Go Phillies