Open ye the floodgates of handouts

Nothing like a few hundred billion dollars in handouts from Uncle Sam to get people’s confidence up about asking for money themselves.  The Treasury announced $5 billion in loans for beaten-down auto parts makers.  This cash comes from the Troubled Asset Relief Program (TARP). General Motors and Chrysler have opted to contribute support to this … Read more

Work is work

I have a lot of respect for this guy. He’s probably not getting paid that much.  He’s working a job that just about anyone can do, but most of us wouldn’t want to do.  If it’s like the guys doing the same thing in Fredericksburg, he’s cold, and he’s breathing exhaust fumes.  (This picture was … Read more

Tax implications of the stimulus bill

A jumbo-jet-sized $787 billion stimulus package was signed into law on Tuesday in the US by President Obama.  Since it’s tax season here are some of the tax-related implications of the stimulus package: A tax credit of $400 per worker or $800 per couple, coming over the next two years, either through decreased withholding or … Read more

What is wrong with taking a second job?

Not a single thing. The thought that a fully-employed person should feel bad for taking another job for additional income is absolutely preposterous.  This discussion over at Get Rich Slowly was prompted by this question from one of his readers: As someone who is still fortunate to be employed, is it morally or ethically wrong … Read more

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