Posts Tagged ‘economic stimulus’

Friday The 13th IS GREAT for Rett Syndrome Research News

Friday, February 13th, 2009

In keeping with the news of the last day or so, MIT scientists have been doing mouse studies showing that with IGF-1, Insulin Growth Factor, they have been able to slow down and reverse some symptoms of Rett Syndrome in mice.  This is fantastic news because that indicates that there is on the horizon a potential treatment to make the lives of Rett Syndrome girls more livable.  The study is careful to point out that this isn’t a cure but if it can get spinal cells regenerating, keep our daughters healthier, help their heart rate, their breathing and ability to move, I am all for improving the quality of life.

Ironically, Friday the 13th should be a number of coolness for this country as well.  Thirteen stars on the original colonial flag for thirteen colonies.  The numbers one and three represent the numbers of mystical perfection in some religious doctrines.

I personally just am happy that there is great news on the research front and that makes this coming President’s Weekend so much sweeter with possible financial good news from the President and Congress in hopefully getting the stimulus package rolling into the American public’s pocketbooks and purses.

Please help me celebrate the good news and holiday by either making a donation for Rett Syndrome research or by buying one of my books.  Partial proceeds are donated to Rett research.

If you are strapped for cash,  anything you can do is appreciated.  Write your Congressional representatives to help Rett research and keep on praying.

In the California continuing information battle over will we get refund checks vs warrants/nothing, there has been no change on that particular front.  According to the news, there will be more taxes in California for 2009 (no surprise there to be honest with you) and I am inclined to just roll my state refund over into prepaying any 2009 tax liability that I might have.

Please don’t cut any funding for schools or special needs care, State legislature members.  Governor, please remember that you were elected on a platform for helping people.    Remember that there are lots of people who can’t help themselves and their caregivers need to make a wage to take care of them.  Don’t cut funding to help workers of special needs people!

Make sure that you don’t pet too many black cats and walk under any ladders today just to play it safe if you are superstitious.  The ladder superstition is based on practicality since you don’t want a paint bucket to hit your head.  The black cat crossing your path is just plain nonsense.  I would be more concerned if I had pet allergies (like some of my friends to) in having a cat come up and brush against my leg.

Maybe we can have some good luck cash brush against our leg from the economic stimulus package instead.

  

Take care everybody and have a safe, healthy, wealthy and happy weekend.

Interested in any of my books?  You may want to make a stop over  here. Please click through to purchase my books and some other interesting items that actually ARE on sale. If you like poker, Heroes (the TV series), comic books, Watchmen, etc, there may be some fast links to get you to what you are looking for.  Have you read my book, “Bad Tax Idea, Good Tax”?   Please order it today.  The tips inside can save you hundreds if not thousands of dollars!

 If you are looking for a day job, part time work, suggestions for saving money or investing, please check out my book listed below.  Part of all the proceeds from the sales of that book  go  to Rett Syndrome research.  One girl is born with Rett Syndrome worldwide every fifteen minutes.   My daughter Arianna has Rett Syndrome and we are working to do all we can to make her life easier and find a cure in her lifetime.  Boys born with the Rett gene generally die at birth.

  Practical Money Making-Surviving Recession, Layoffs, Credit Problems, Generating Passive Income Streams, Working Full Time or Part Time and Retirement

 Kim Isaac Greenblatt

 

Friday The 13th IS GREAT for Rett Syndrome Research News

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Posted in Business, special needs | 1 Comment »

Economic Stimulus Package Looks To Be On Tuesday

Monday, February 9th, 2009

The economic package for stimulus looks to be still a work-in-process in the Senate.  People were expecting issues to be banged out so the package could be live on Monday but it is looking like Tuesday will be the day.  We are talking around 827 billion dollars, a number that  is very hard to wrap one’s head around.  Even harder is trying to see how quickly this money will actually make a change to the millions of people that are out of work, underemployed and those on the verge of being laid off.  People are responding to the supply destruction of jobs by trying to save money.  I just don’t get it.  For a lot of the large companies that are laying off people and shuttering manufacturing plants in some areas, how are they going to make money?  In the case of multi-national giants like Intel with billions of dollars of cash on hand, they can sit it out – but only for so long.

What will happen six months to a year from now at earnings time?  The people who are laid off now will not be buying things over the next year if there is no work.  They will be having a hard time paying the mortgages, making rental payments, getting food and warm clothing.   There will be less room for buying iPods – no matter what people say about always finding money for things that they want.

I see it with tax clients who are cutting corners or who have been laid off.  There are tough times still ahead and not having my crystal ball working at 100% I can’t tell you when the bad times will be bottomed out.  For the short term, I expect that the stock market will still pop when the stimulus package comes out but I don’t see anything to indicate that it may maintain any kind of growth. 

I hope I am wrong.  In the meantime, hang onto your cash and make sure that your bills are paid if you can.  Utility companies are cutting power if clients miss a couple of payments in some localities.  Not a good thing in cold or wet climates.

As of now for my Californian friends, no word on any changes to the dispostion of California Tax Refund checks.  Everything is still on hold until the end of February and at that point who knows if it will be checks, direct deposit, warrants or credit to next year’s tax payments.

Be safe and healthy!

 

Interested in any of my books?  You may want to make a stop over  here. Please click through to purchase my books and some other interesting items that actually ARE on sale. If you like poker, Heroes (the TV series), comic books, Watchmen, etc, there may be some fast links to get you to what you are looking for.  Have you read my book, “Bad Tax Idea, Good Tax”?   Please order it today.  The tips inside can save you hundreds if not thousands of dollars!

 If you are looking for a day job, part time work, suggestions for saving money or investing, please check out my book listed below.  Part of all the proceeds from the sales of that book  go  to Rett Syndrome research.  One girl is born with Rett Syndrome worldwide every fifteen minutes.   My daughter Arianna has Rett Syndrome and we are working to do all we can to make her life easier and find a cure in her lifetime.  Boys born with the Rett gene generally die at birth.

  Practical Money Making-Surviving Recession, Layoffs, Credit Problems, Generating Passive Income Streams, Working Full Time or Part Time and Retirement

 Kim Isaac Greenblatt

 

Economic Stimulus Package Looks To Be On Tuesday

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Posted in Business | 1 Comment »

Infrastruture Plans Look To Become A Reality

Monday, December 8th, 2008

President-elect Obama said in his weekly radio address that he will be investing time and money in our infrastructure.  The president-elect’s economic package will have five main components: making public buildings more energy efficient; investing in infrastructure on the order of the 1950s-era interstate highway system; upgrading school buildings; expanding broadband Internet access; and, making the health care industry more technologically advanced.

“We need action – and action now,” Obama said.  “We won’t do it the old Washington way,” Obama said. “We won’t just throw money at the problem. We’ll measure progress by the reforms we make and the results we achieve – by the jobs we create, by the energy we save, by whether America is more competitive in the world.”

 

 

 

Readers of my blog know that I have been yammering for infrastructure planning for awhile now.  Congrats and here is hoping that it starts to make a difference in the lives of people in our country.  The results won’t be seen overnight but as long as the money is spent in America, with American companies and people who are living here are going to be able to work the jobs, we should be okay.

The dollar number for the proposed economic stimulus package is looking as of now to be between $400 billion to $700 billion dollars.  Hopefully, that money will get down to where it is needed, in our pockets and purses so we can save and spend with it.

Remember that our President-elect also stated that the economy will get worse before it gets better.  The question  will be there, for how long will it be worse?  Make sure you have savings and a decent job to weather the rough financial storm that we are trying to navigate through.

 

Also, here is a question from a reader: “How much money has the IRS collected from examinations and Levies and Liens?  In other words, there isn’t much incentive for them to stop auditing us, is there?”

My answer, and I probably will go more into audit stuff in another blog, is you are right.  Remember, the IRS is out to get people who aren’t paying what they should and there isn’t a reason they should stop audits, is there?  If you knew you could just put down any amount of money and know that there weren’t any consequences you would do it right?  Think really HARD before you answer that since we all know how human nature works.

To answer your question, I believe the IRS collected $23.5 billion dollars from examinations and $31.8 billion from Levies and Liens in 2007.   I will try and get to more IRS statistics for you in the near future. They tend to be very sobering, if nothing else.   Don’t be scared, just make sure you keep great records and if you aren’t doing your own tax research hire a good tax professional.

I am taking new clients, by the way.

 Practical Money Making-Surviving Recession, Layoffs, Credit Problems, Generating Passive Income Streams, Working Full Time or Part Time and Retirement 

Kim Isaac Greenblatt

Comments on President-elect Obama’s infrastructure plan and answering an audit money question.

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Posted in Business | 1 Comment »

Stimulus For the Economy-Check Or Is It Checks?

Thursday, November 6th, 2008

I’ve already talked about the fact that we will probably be looking at another stimulus package come early next year. I have heard from different news sources that waiting in the wings will be several packages hopefully to get the American taxpayer back on his or her feet.

 

The best way I can see that happening is if more jobs are created in America. Simple economics means (and I think pretty simply) that if you can get people working, they will save and spend locally where they are living. That money going back into the economy will stimulate people to continue to sell goods and services and as they grow, hire more people and pay them to do their jobs and the circle starts growing outward again instead of contracting.

If another round of stimulus checks gets issued, I hope that along with it will be some sort of local, state and national plan to get individual Americans working. One check can only go so far in putting food on the table, keeping a house warm in winter, maintaining electricity to keep the lights on or medicine for people who are sick.

I’ve already stated that I think if you get a stimulus check you should save it or at the very least use it to do something that might generate income for you that you might not have thought of before. No, I don’t mean play cards or hit the races with it. I mean if there was that side business that you wanted to start and had researched, now is the time to think about implementing it. Especially if you have goods or services that people would want in any type of economy. If what you are offering is more suited for a down economy, so much the better.

Good luck and let us hope that our economy get stimulated and quickly!

Practical Money Making-Surviving Recession, Layoffs, Credit Problems, Generating Passive Income Streams, Working Full Time or Part Time and Retirement

Kim Isaac Greenblatt

Is your economy stimulated? Check! Er, or is it no checks?

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Posted in Business | 5 Comments »