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Union Plus Tips for Making It Through Tough Economic Times |
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David Letterman’s Top 10 list can give you some late night laughs. But if you’re up late at night, far from laughing because you’re in deep-worry mode over the crashing economy that is taking you with it, Union Plus has a Top 10 list of ways to deal with financial upheaval.
1. Pay down your debt. The more you owe, the more vulnerable you are. To pay off credit cards and other debt faster, consider cutting back on your spending. Go to www.uniondebthelp.org for tips on putting together a plan to dig yourself out of debt.
2. Don’t sink deeper into financial holes. The Union Plus Credit Counseling program offers a free credit counseling session, budget analysis and advice to help get your finances on a firmer footing.
3. Cut expenses. Union Plus offers discounts on everything from AT&T wireless service to car repairs to clothing to allow you to keep more of what you earn.
4. Don’t fixate on market fluctuations. This may be easier said than done in this world of the 24-hour news cycle. If your goal is to build up a nest egg over time, don’t let daily ups and downs panic you into bailing out of the stock market. Most financial advisers say don’t cash-in your stocks or make any other drastic changes.
5. Diversify your investments. Put together a balanced mix of stocks, bonds and money market funds or other short-term investments, with the aim of offsetting “downs” in one asset category with “ups” in another—a strategy, while not working right now with all the downs, can help reduce risk and promote growth through good times and bad. To see if your investments are well balanced, learn more about asset allocation, click here.
Click here for five more tips for retirees, finding a fixed rate mortgage, protecting your savings and determining the strength of your insurance and annuities.
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Building Bridges Radio: Your Community and Labor Report
National Edition
Produced by Ken Nash and Mimi Rosenberg
********************************************
Kucinich on the Fighting the Recession
and Winning the Election
We talk with Congressman Dennis Kucinich who represents
Cleveland, Ohio, a city and a state fighting both high unemploy-
ment and home fore-closures. Ohio is a battleground state in
the Presidential elections. Kucinich has fought Republicans
& Democrats on issues of war and the economy. He voted
against Paulson’s $700 billion bank bailout scheme.
******************************************************
To Download or listen to this 27 minute program,
go to http://www.radio4all.net/index.php/program/29790
or http://www.archive.org/details/BuildingBridgesNationalKucinichOnTheRecessionAndElections
for more information contact Ken Nash - knash@igc.org
Building Bridges is regularly broadcast live over WBAI,
99.5 FM in the N.Y.C Metropolitan area on Mondays from
7-8pm EST and is streamed, archived and pod cast at
http://www.wbai.org . Our website is http://www.buildingbridgesradio.org
Building Bridges National Edition is regularly broadcast over:
WGOT - Gainesville, Florida.
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as well as internet stations:
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=========================================
For archived Building Bridges National Programs go to
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For archived Building Bridges program go to our new website:
http://www.buildingbridgesradio.org
You cannot do a kindness too soon, for you never know how soon it will be too late.
The only constant is change.
The nine biggest banks that will get 250B now give out pay raises to their management of 3% and more, while the American people are loosing their jobs, benefits and dignity, all the American people are getting is the shaft.
The government wants to give a $600.00 stimulus check to the American people, WOW. Let’s stop the waste at the CEO’s, the banks and actually help the American people. Look at the waste below that is just going to get worse as time goes on. We are told to unplug our transformers for our electronics to save power, our losses are only paper losses and do not worry. We watch our savings go down the toilet, our jobs go overseas, and our health benefits go away, with food and prescriptions going through the roof. When the CEO’s are collecting millions for just working weeks, 10’s of millions in bonuses and hundreds of millions for ripping off the American people.
Has anyone seen any help for the middle class? All this money is going to the super rich; the people because of their greed, who placed us in this, position now, and blame everyone else. Let’s not forget 250B to the 9 Bankers who put us in this position in the first place.
I’m in favor of an amendment giving $85,000,000,000 to the American people placed in harms way because of the CEO’s, banks and our government, in a “We Deserve It Dividend”. 40B from the original 700B, 2B from the 250B they want to give to the banks and 25B from AIG because they are wasting the money now on facials for the executives and overseas hunting trips.
To make the math simple, let’s assume there are 200,000,000
bonafide U.S. Citizens 18+.
Our population is about 301,000,000 +/- counting every man, woman
and child. So 200,000,000 might be a fair stab at adults 18 and up…
So divide 200 million adults 18+ into $85 billion that equals
$425,000.00. My plan is to give $425,000 to every American citizen 18+ as a We Deserve It Dividend.
Of course, it would NOT be tax free. So let’s assume a tax rate of 30%.
Every individual 18+ has to pay $127,500.00 in taxes. That sends $25,500,000,000 right back to Uncle Sam.
But it means that every adult 18+ has $297,500.00 in their pocket.
A husband and wife have $595,000.00.
Pay off your mortgage - housing crisis solved and banking problem being solved.
Pay off Credit Card Debt.
Repay college loans – this will make more money available to loan out.
Have the college tuition to go to school.
Put away money for college - it’ll be there.
Save in a bank - create money to loan to entrepreneurs.
Buy a new American car - create jobs.
Invest in the market - capital drives growth.
People would retire creating new jobs for the young and the unemployed. What would you do with $297,500.00 to $595,000.00 in your family?
Help parents and family.
Enable Deadbeat Dads to come clean - or else.
Let’s not forget the help to the States that would be provided, welfare almost gone, unemployment compensation almost done, food stamps almost gone.
People would give money to charity.
How would this help charities, one big chance to refill there bank, with less going out to help the less fortunate.
Remember this is for every adult US Citizen 18+ including the folks who lost their jobs at Lehman Brothers and every other company that is cutting back and of course, for those serving in our Armed Forces.
Look at the numbers and the benefits to the different companies, wouldn’t this end so many problems and benefit the American people with a good start to help the American economy from the American People.
As this 700B plan comes to light there is one ceo getting 13m for three weeks work, another ceo 430+m and this is just the beginning of the theft of the 700B. What will follow in the coming weeks and months?
Here it is
#1. “The CEO PAY/BONUS for running a company in to the ground.”
Countrywide 361.7M Wachovia 16M
Fannie Mae 20M AIG 25.4M
Freddie Mac 20M Merrill Lynch 66M
Bear Stearns 70M WaMu 36M
Lehman Brothers 213M CiTi 41.5M
#2, Reports that AIG’s executives, after the bailout spent roughly $440,000 for rooms, banquets and spa services
#3 another 250B for the Banks, I cannot wait to see what the 9 banking CEO’s will steal now. Who really believes the banks will help the people who need it before the money is given to the CEO’s for their golden parachutes? Did we just put 250Bin the hands of the nine banks that screwed the American people, “AM I the only one who sees this as wrong?”
#4, AIG is at it again $86,000.00 for four executives to kill partridges in a pear tree, Christmas is here early for the privileged again after the buyout. Let’s hope they don’t start shooting at the American people, OR “have they?”
If we’re going to do a $700 billion bailout, let’s bail out every adult
U S Citizen 18+!
As for Wall Street – Firmer Action. CEO pay and bonus will be stockholder voted.
Let the private sector bargain hunters cut it up and clean it up.
Here’s my rationale. We the American people deserve it and Wall Street, the banks and the government doesn’t.
Sure it’s a crazy idea that will “work.”
But can you imagine the Coast-To-Coast relief of the American people who played by the rules and were placed in jeopardy by others!
How do you spell Economic Relief?
I trust my fellow adult Americans to know how to use the $59.5 Billion
“We Deserve the Dividend” more than on Wall Street, Banking or in Washington DC.
And remember, the plan only really costs $59.5 Billion because
$25.5 Billion is returned instantly in taxes to Uncle Sam.
Let’s see if the legislatures can pass this amendment for the American people as fast as the passed the 700B for the thieves who but us here in the first place because of their greed.
Senate
http://www.senate.gov/general/contact_information/senators_cfm.cfm?OrderBy=state&Sort=ASC
House of Representatives
http://www.house.gov/
You cannot do a kindness too soon, for you never know how soon it will be too late.
The only constant is change.
The nine biggest banks that will get 250B now give out pay raises to their management of 3% and more, while the American people are loosing their jobs, benefits and dignity, all the American people are getting is the shaft.
The government wants to give a $600.00 stimulus check to the American people, WOW. Let’s stop the waste at the CEO’s, the banks and actually help the American people. Look at the waste below that is just going to get worse as time goes on. We are told to unplug our transformers for our electronics to save power, our losses are only paper losses and do not worry. We watch our savings go down the toilet, our jobs go overseas, and our health benefits go away, with food and prescriptions going through the roof. When the CEO’s are collecting millions for just working weeks, 10’s of millions in bonuses and hundreds of millions for ripping off the American people.
Has anyone seen any help for the middle class? All this money is going to the super rich; the people because of their greed, who placed us in this, position now, and blame everyone else. Let’s not forget 250B to the 9 Bankers who put us in this position in the first place.
I’m in favor of an amendment giving $85,000,000,000 to the American people placed in harms way because of the CEO’s, banks and our government, in a “We Deserve It Dividend”. 40B from the original 700B, 2B from the 250B they want to give to the banks and 25B from AIG because they are wasting the money now on facials for the executives and overseas hunting trips.
To make the math simple, let’s assume there are 200,000,000
bonafide U.S. Citizens 18+.
Our population is about 301,000,000 +/- counting every man, woman
and child. So 200,000,000 might be a fair stab at adults 18 and up…
So divide 200 million adults 18+ into $85 billion that equals
$425,000.00. My plan is to give $425,000 to every American citizen 18+ as a We Deserve It Dividend.
Of course, it would NOT be tax free. So let’s assume a tax rate of 30%.
Every individual 18+ has to pay $127,500.00 in taxes. That sends $25,500,000,000 right back to Uncle Sam.
But it means that every adult 18+ has $297,500.00 in their pocket.
A husband and wife have $595,000.00.
Pay off your mortgage - housing crisis solved and banking problem being solved.
Pay off Credit Card Debt.
Repay college loans – this will make more money available to loan out.
Have the college tuition to go to school.
Put away money for college - it’ll be there.
Save in a bank - create money to loan to entrepreneurs.
Buy a new American car - create jobs.
Invest in the market - capital drives growth.
People would retire creating new jobs for the young and the unemployed. What would you do with $297,500.00 to $595,000.00 in your family?
Help parents and family.
Enable Deadbeat Dads to come clean - or else.
Let’s not forget the help to the States that would be provided, welfare almost gone, unemployment compensation almost done, food stamps almost gone.
People would give money to charity.
How would this help charities, one big chance to refill there bank, with less going out to help the less fortunate.
Remember this is for every adult US Citizen 18+ including the folks who lost their jobs at Lehman Brothers and every other company that is cutting back and of course, for those serving in our Armed Forces.
Look at the numbers and the benefits to the different companies, wouldn’t this end so many problems and benefit the American people with a good start to help the American economy from the American People.
As this 700B plan comes to light there is one ceo getting 13m for three weeks work, another ceo 430+m and this is just the beginning of the theft of the 700B. What will follow in the coming weeks and months?
Here it is
#1. “The CEO PAY/BONUS for running a company in to the ground.”
Countrywide 361.7M Wachovia 16M
Fannie Mae 20M AIG 25.4M
Freddie Mac 20M Merrill Lynch 66M
Bear Stearns 70M WaMu 36M
Lehman Brothers 213M CiTi 41.5M
#2, Reports that AIG’s executives, after the bailout spent roughly $440,000 for rooms, banquets and spa services
#3 another 250B for the Banks, I cannot wait to see what the 9 banking CEO’s will steal now. Who really believes the banks will help the people who need it before the money is given to the CEO’s for their golden parachutes? Did we just put 250Bin the hands of the nine banks that screwed the American people, “AM I the only one who sees this as wrong?”
#4, AIG is at it again $86,000.00 for four executives to kill partridges in a pear tree, Christmas is here early for the privileged again after the buyout. Let’s hope they don’t start shooting at the American people, OR “have they?”
If we’re going to do a $700 billion bailout, let’s bail out every adult
U S Citizen 18+!
As for Wall Street – Firmer Action. CEO pay and bonus will be stockholder voted.
Let the private sector bargain hunters cut it up and clean it up.
Here’s my rationale. We the American people deserve it and Wall Street, the banks and the government doesn’t.
Sure it’s a crazy idea that will “work.”
But can you imagine the Coast-To-Coast relief of the American people who played by the rules and were placed in jeopardy by others!
How do you spell Economic Relief?
I trust my fellow adult Americans to know how to use the $59.5 Billion
“We Deserve the Dividend” more than on Wall Street, Banking or in Washington DC.
And remember, the plan only really costs $59.5 Billion because
$25.5 Billion is returned instantly in taxes to Uncle Sam.
Let’s see if the legislatures can pass this amendment for the American people as fast as the passed the 700B for the thieves who but us here in the first place because of their greed.
Senate
http://www.senate.gov/general/contact_information/senators_cfm.cfm?OrderBy=state&Sort=ASC
House of Representatives
http://www.house.gov/