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Comments for Musings of a Musist

Rants, raves, observations... hopes and desires of a retired AF NCO. (Expect no poetry.)

Last Build Date: Sat, 29 Nov 2008 01:11:37 +0000


Comment on 50 Vehicle Pileup on Florida’s I-4 by JasmineT

Sat, 29 Nov 2008 01:11:37 +0000

Heya... Looking for something else, but very good website. Thanks....

Comment on Florida Power and Light… Isn’t!! by Musist

Sun, 27 Apr 2008 16:23:32 +0000

AND AGAIN! About 15 mins after 12 noon (April 27, 2008) - power blinked off and back on. Everything needed resetting again. Good job, FPL! You're continuing to prove your incompetence.

Comment on Florida Power and Light… Isn’t!! by Musist

Fri, 25 Apr 2008 15:24:30 +0000

They did it again! FPL cut power for 1/2 second this morning (Apr 25, 2008). Tivo got messed up, all the computers restarted (which means hard drives lost power without heads being parked - that's a bad thing)... when does it end? I attempted to notify both the Florida PUC and FPL, but was rebuffed by their website restrictions. So, I sent an email to the Governor. We'll see what happens. -The Musist-

Comment on Credit Crisis? by Lindsay

Mon, 31 Mar 2008 17:27:41 +0000

Well, the president agrees with me so there! I jest in my sarcasm, but, um ... well, he does agree with me after all.

Comment on Credit Crisis? by Musist

Mon, 17 Mar 2008 21:39:34 +0000

I think you missed the whole point. This isn't a question of an interest crisis, the financial institutions have figured out long ago how to charge usurious rates. When they can't call it interest, they drum up some sort of "fee" to charge to compensate. This crisis is one where the consumer no longer has the funds/cash to put into the economy to keep the economy going. I maintain that if the IRS re-instituted the interest deduction, people would find they had spendable cash. With respect to another persons comment, I agree that spending probably is not the smart thing for most consumers to do. Any bank that blames oil withholding as the problem must not be staffed by anyone over the age of 30! Remember the oil crisis of the '70s? It was the worst shortage of gasoline since WWII. Banks are as greedy as any company, and greedier, even then most consumers. It is bank/credit card company marketing that provides so much incentive for folks to become greedy. Forget about trying to praise the auto companies for their foresight. GM had developed electric/hybrid cars 20 years ago! They took them off the market, presumably because no one would buy them. (Google it, the whole story is out there.) There are no "White in shinning armor knights" running companies... only people that can get their companies stock to rise. If it won't sell, they aren't going to make it, no matter how good it is for the world, country, or people. The financial crisis that is taking place inside the financial industry is simply one of mistrust. No bank will buy loans from other banks for fear that the selling bank is hiding bad loans in the portfolio. It has NOTHING to do with available money, only available trust -- and there ain't none. You're certainly entitled to your opinion, but taxation is a related problem and solving it with additional government regulation is NOT the answer. You need to Google the Fair Tax Initiative and read up on it (as I need to do, also). It's been my 60 years of experience, that we get fairer, better, and more economical results by ditching government involvement and relying on market principles. The single, HUGE CAVEAT, is that good results will only come from honest marketing, valid consumer needs, and a lack of greed on the part of the manufacturers and the consumers. Neither of which is likely to happen in my estimation. Did you not notice how quickly people reacted to the "Made in China" issues when the market took hold. It certainly was not the result of any effort by the protective agencies within our government. Along with that... for market influences to work correctly the consumer has to know about the issues. And the consumer will NEVER find out from a news media that is financed through the sale of market advertising. In the 1950s we had reliable, honest news reporting, financed by the sale of that news. No more. It has become so expensive that advertising is used to offset the cost of providing us news. Hence, it HAS to be tainted. We need to get back to buying our news. Not the products that are advertised in the news media. It will be expensive, but the value of honest, reliable, informed news is worth it. And if you don't agree with me, ask anyone that has ever listened to the news on PBS and see if they don't hold it far above any other news source. You put forth some interesting thoughts, and I greatly appreciated the opportunity to read them. Keep them coming! Thanks! Musist

Comment on Credit Crisis? by shunammite

Mon, 17 Mar 2008 18:10:18 +0000

Ok, the problem with giving interest deductions for Americans is that it is not the interest that is in jeopardy. It is the equity of the collateral. So many Americans participated in these purchases by promising their homes, and other equitable items of value in order to move ahead. Then there is the issue with over extension of this equity. The lenders for the past 5 to 10 years were forecasting the economy based on the historical performance of the market, which in theory works, unless there is some indeterminable factor in the equation. The major markets in America (Automobiles, Homes/Land, Oil) have all been estimated by these lenders at their future worth or (NFV). This future worth did not include the withholding of oil by countries effected by the wars int he middle ease, nor the home seller taking advantage of the "seller's market" in such a way that the appraised value of a home would be inflated to double its actual value. Combine these factors with the natural disasters which have plagued this country for the past 10 years, and it is the recipe for depression. Now, the foresight of these events can be said to have been determined, although, no one would bet on so many negatives coming into play all at once. The way that the country will recover from this one does not have to do with interest, because the lenders do not have the money or equity to lend. It is going to come down to a level of independence from those factors which have moved the market in the first place. Congress does not need to band-aid the problem by giving tax cuts, but rather provide stricter controls and regulations for the seller end of the mortgage contract, as well as the appraiser's responsibility. The next thing is to focus on the phasing out of oil consumption a a short term institution of this plan. The American dependence on the middle east has out stayed its welcome, and we need to be able to survive without the cost of blood and oil which currently plagues this country. As for automobiles, well I say that they are the first ones to put forth the effort to reconstruct this country in a more economically independent fashion. So maybe congress should take a lead from the developers of the hybrid cars, and find out why they were able to determine the move ahead of the finance pros.

Comment on Credit Crisis? by Musist

Sun, 16 Mar 2008 13:57:29 +0000

Rob - Granted, greed is a major factor, but it's "change" that causes crisis. Many of the changes are beyond our immediate control, i.e., divorce, family tragedies, medical emergencies, job losses, and so on, however Congress changed the loan interest tax deduction in the beginning... leading to the various steps of this crisis. Certainly, without greed, the financial crisis we're witnessing now would NOT have happened.

Comment on Credit Crisis? by Rob

Sat, 15 Mar 2008 22:12:09 +0000

The "credit crisis" is not one fixed by legislature. It is Greed. The desire to have more than what we have. To the extreme. Changing the legislature won't change the unhealthy desire of people's hearts. That has to come from the inside.

Comment on About by

Sat, 08 Mar 2008 21:45:39 +0000


Comment on Catherine Zeta-Jones by Rob Smith

Sat, 12 Jan 2008 23:22:25 +0000

Now here's a subject that we can both agree on.... Oh, and I am grateful for your service......