Archive for February, 2012

Respecting Time as well as Money

Wednesday, February 29th, 2012

A big issue for most of us these days is that we don’t have or don’t want to spend a lot of money on things. Whether it is for food, gasoline, gold, silver or iPads, people don’t want to shell out the cash.

Bear in mind that these are the same people who always want to negotiate prices down – and I am not saying it is bad – but they get bent out of shape when people devalue their services.

If you go for example to a tax preparer and he says he will charge $300 for a tax return and you don’t want to pay it, there are a lot of self filing tax products out there that range in price from free to about $179. Just remember that you need to put your own sweat equity into it.

For the tax preparer who has spent his summer studying tax law changes, working to master his craft, you are paying for his time.

When you go to a doctor, do you say, “I won’t pay for the hospital stay for $10,000 for a night. I only want to pay $500.” No, you generally get the services and then the bill afterwards. For less drastic situations, remember that you are judged by the same yardstick that you are judging others. If you want to get paid for your worth, you need to respect others worth as well.

Have a glorious Feb 29 2012 – it only comes around every 4 years.

Kim Isaac Greenblatt

Respecting Time as well as Money

States Minting Their Own Gold and Silver

Friday, February 3rd, 2012

In the news recently, there are at least thirteen states that are proposing minting their own coin to be used for business. The idea is that in case the Federal Reserve goes belly-up or there are other issues, commerce can still be handled at the state level.

While I am not for abandoning the dollar I wouldn’t mind an alternative coin currency that is actually made out of gold or silver for business transactions within the state or States.

Here is my proposal to add to the mix. Why not have a universal state coin where it is actually made of gold (or silver) in various currencies and that way there would be another inter-state currency along with the dollar that we can use for trade and business within the states? By virtue of the coins being made of gold or silver they would have more perceived value and worth than a piece of paper.

The coins would be minted similar to coins that are minted at different presses now under strict standards and supervision. I submit that it would also create more jobs with people accepting the coins, moving back to handling commerce face-to-face and locally versus the Internet.

I wouldn’t like to see it devolve into dozens of states with their own currencies – that would make us as messy as Europe or the early United States. The American dollar does work great as a tool for commerce, thanks, but it wouldn’t hurt to actually deal with gold and silver just in case.

Let me know your thoughts.

Stay healthy, happy, wise and get wealthy!

Kim Isaac Greenblatt

Feb 03 2012

States Minting Their Own Gold and Silver