I usually have the same ones, I don’t make them. If I’m going to do something, I’m already doing it and will continue.
I work out all the time and see the new people at the gym trying to get into shape or lose weight every year this time. They are usually gone by February. A certain day in the year can’t replace internal fortitude. You have passion about something and do it or it won’t continue. You lose interest or gain interest in something else. (That is the same reason I hate my birthday, it’s not going to make you any happier. I refuse to make some day more special because others say so, the same with exercising beginning on NYD)
I got lucky on Covid. I never took the clot shot for the Wuhan virus. I know the next crisis is leaving the station to be here in time for the 2024 election cycle. Don’t buy it. I hope to discern it quickly and not fall for that either. I’ll be watching though.
The one thing I will do even more diligently is protect myself from the WEF, the US government, Big Pharma and Washington. They have shown no interest in anyone other than themselves. They got away with one scaring everyone with Covid, but I hope to stay even more awake to this as well as wake up the sheep that have been in line. They either got lucky with the timing or that was a trial run. Only time will tell.
They did more to stop Hydroxycholoroquine and Ivermectin than they did Fentanyl. They opened the borders that let more of this death drug in.
I’ve been getting a lot of hits from China recently. If it is the government, history is not on your side. Stop the shit and enjoy your economic freedom before you cut your own throats. I don’t expect that to happen. I look for worse things.
If the readers are Chinese citizens, find a way to stop the CCP from ruining your country. That is your resolution. I’ll keep posting the truth
Personally, I talked about exercise above, but looking at everything skeptically and trying to protect myself and inform others will also continue.
My wish for others besides being saved is to wake up and stop believing what you are told. We formed a country by not putting up with this crap from people who think they are the ruling elite. We killed them to stop the shit that the current government is jamming down our throats. I can’t believe that people would be the sheep that they have been since 2020.
I’ll be more introverted, it happens in life. I’ve got other issues to work on, but I’ll still look for an escape before I go somewhere and size up the people in the room as to who is a threat.
I’ll fight woke also. That is as racist and discriminatory as anything. It’s get-evenism (I made that up). It’s a bullshit scheme to steal free money. I started the year by dropping Hulu because of Disney.
The political fiction that humans cause most or all climate change and the claim that the science behind this notion is ‘settled’, has been dealt a savage blow by the publication of a ‘World Climate Declaration (WCD)’ signed by over 1,100 scientists and professionals. There is no climate emergency, say the authors, who are drawn from across the world and led by the Norwegian physics Nobel Prize laureate Professor Ivar Giaever. Climate science is said to have degenerated into a discussion based on beliefs, not on sound self-critical science.
The scale of the opposition to modern day ‘settled’ climate science is remarkable, given how difficult it is in academia to raise grants for any climate research that departs from the political orthodoxy. (A full list of the signatories is available here.) Another lead author of the declaration, Professor Richard Lindzen, has called the current climate narrative “absurd”, but acknowledged that trillions of dollars and the relentless propaganda from grant-dependent academics and agenda-driven journalists currently says it is not absurd.
It doesn’t take a genius to figure out that this has been about money from the beginning. Like all political maneuvering, you create a crisis that only you can fix.
Europe bought it and is now held hostage by Russia, as a former president predicted. The USA is desperately trying to hamstring our economy with false claims about the climate. Look behind it to find the source of these falsehoods, money, power and control.
The political fiction that humans cause most or all climate change and the claim that the science behind this notion is ‘settled’, has been dealt a savage blow by the publication of a ‘World Climate Declaration (WCD)’ signed by over 1,100 scientists and professionals.
The scale of the opposition to modern day ‘settled’ climate science is remarkable, given how difficult it is in academia to raise grants for any climate research that departs from the political orthodoxy. (A full list of the signatories is available here.) Another lead author of the declaration, Professor Richard Lindzen, has called the current climate narrative “absurd”, but acknowledged that trillions of dollars and the relentless propaganda from grant-dependent academics and agenda-driven journalists currently says it is not absurd.
Having discarded the use of empirical evidence, pseudo-scientific priests of the climate cult who are paid by Big Government to prop up global warming ideology rely on models. These models find whatever they are designed to find, and according to the WCD, “are not remotely plausible as global policy tools.”
I had to work with climatards who bought into Carbon poisoning the atmosphere, to the point of them wanting to tax it a dollar a pound. They and their co-founder went under. I knew for lack of facts. They were always begging us for money so there you have your real reason. They and the other green analysts would gladly jet to the conferences all around the world, like their hero’s who fly private jets to climate conferences.
“More CO2 is beneficial for nature, greening the Earth; additional CO2 in the air has promoted growth in global plant biomass. It is also good for agriculture, increasing the yield of crops worldwide.”
The Declaration also observes there is no statistical evidence that global warming is intensifying natural disasters, as the liberal media hysterically shrieks.
“There is no climate emergency,” the Declaration goes on. “We strongly oppose the harmful and unrealistic net-zero CO2 policy proposed for 2050,” it says, adding that the aim of global policy should be “prosperity for all” by providing reliable and affordable energy at all times.
CONVINCING THE CLIMATE WORSHIPERS
There is no telling someone who to worship. We all worship something and those people selected both money and the Earth. Good luck with that one. It ranks so far down the list with ordinary people that even scaring them isn’t working. The statue of Liberty isn’t under water, Greenland ice is growing, Florida is still here and there is no change in the water level at Plymouth Rock.
I don’t try to convince them because you can’t talk to someone who has declared their hill to die on.
EUROPE STEPPING ON IT’S OWN DICK
Here is a list of their progress down the toilet of energy shortage because of green polices and environmental policies by their government. – Courtesy of WUWT.
Very low French nuclear availability (EDF recently scaled back its output guidance for 2023 to 300-330TWh and is now facing cooling issues that are impacting an already weak 2022 availability)
Historically low hydro storage levels from Scandinavia to Iberia (given widespread drought conditions)
Thermal plant closures across Western Europe (across ageing coal, nuclear & gas plants)
Fuel supply logistics driven by a combination of very low Rhine water levels (e.g. impacting barge coal delivery to German power stations) & logistical issues driven by the Russian conflict
Periods of low wind & solar output where the factors above are driving a deficit in residual generation.
The combination of these factors is pushing the power crisis onto centre stage.
Power crisis now driving the gas crisis
Europe is short molecules of gas across the next 3 years. Given lack of any material supply response across this period (in the absence of a return to higher Russian flows), there are three demand side reduction options to balance the market:
Industrial demand (already facing destruction of ~15% so far in 2022 due to higher prices)
Power sector demand
Residential & commercial demand (the sector that governments are most likely to try and protect in case of rationing).
Normally very high gas prices would incentivise reduced demand from the power sector. But going forward Europe is now short electrons as well a molecules. And the marginal source of incremental electrons comes from burning molecules.
In other words in order to keep the lights on, Europe has no alternative but to burn more gas, aside from intervention to reduce power demand which may also be coming.
A 2020 scientific analysis revealed that “models overpredict warming in every target observational analog, in most cases significantly so, and the average differences between models and observations are statistically significant.”
Scientist Ross McKitrick calls out errors of modelers that exaggerate future temperature increases.
“I get it that modeling the climate is incredibly difficult, and no one faults the scientific community for finding it a tough problem to solve,” writes McKitrick. “But we are all living with the consequences of climate modelers stubbornly using generation after generation of models that exhibit too much surface and tropospheric warming, in addition to running grossly exaggerated forcing scenarios.” (Forcing is the mechanism by which greenhouse gases warm the atmosphere.)
I earlier quoted the 97% of scientists agree there is global warming. I put this near the end because no one believes it, even those claiming that lie. It’s useful life is over and has been exposed.
Just to show how much the rest of the world and the top polluters care about this issue, look at China and India. Good job there Nancy.
China Scraps (Already Scant) Climate Cooperation Over Pelosi Taiwan Visit
The Chinese Communist Party was very displeased with U.S. House Speaker Nancy Pelosi’s (D-CA) well-publicized visit to Taiwan reaffirming the United States’ commitment to the island’s continued independence from mainland China. To demonstrate its displeasure—in addition to the usual rattling of sabers, sending of new naval ships into the area, flying jets into Taiwanese airspace, and test-firing missiles into the sea around the island—China announced it was suspending cooperation with the United States in the fight against climate change. Heaven forbid!
China played the rest of the world’s leaders like a drum during the negotiations for the Paris Climate Agreement in 2015. In an agreement that included no mandatory reductions except what countries imposed on themselves, all China would concede was that it expected its emissions to peak by 2030, maybe 2035. Climate negotiators and leaders of environmental NGOs hailed this as a historic step. Climate realists such as I asked: Peak at what level? Chinese Communist Party leaders smirked behind their hands at their PR coup. Our question has gone unanswered to this day.
This is all supported by working people who pay excessive taxes and unnecessarily high energy bills. Some employed in the fossil fuel industry pay with loss of livelihoods. The price for the poorest among us — particularly in the developing world — may be lives lost through further impoverishment and early death.
Some climate warmists may be ignorant of science’s corruption. However, others cynically take advantage of it for money and power. At some point, this facade will collapse because of the lack of reality behind it. Nonetheless, we are obligated to do what we can to accelerate the falsehood’s dismantlement if only to honor sacrifices made by others in the name of truth.
In the 16th century, Martin Luther freed millions from the tyranny of a corrupt church by refusing to recant what he knew to be true. He managed to avoid torture and death by fire for his alleged heresies. Others were not so fortunate.
Yet our obligation is deeper than memorializing the past. As biographer Eric Metaxas writes: “In the end, what Luther did was not merely to open a door in which people were free to rebel against their leaders but to open a door in which people were obliged by God to take responsibility for themselves.”
Those who recognize the wrong can do no other than to point it out. And so we do.
I grew up in Orlando, before there was a Disney. There was Disneyland in California and Disney on TV, but the Tragic Magic Kingdom hadn’t struck the world with the force that would be Disney World.
I also remember Walt Disney talking on TV, espousing entertainment and fun. It was about family, fun and fantasy. We could all sit around the living room and not worry about any untoward messaging or images.
Orlando and Disney are very much different. Both have exploded in size and money. It paved the way for the purchase of both Marvel and Lucas Films. Behind all of it though it was changing. I stopped going or supporting anything they do, which is hard for a Marvel and Star Wars fan. Fortunately, the last few Marvel films and the last 3 Star Wars releases were all terrible.
I recall when they had the first Gay Pride Day or whatever they called it. The problem was that they didn’t tell the families and the church groups that a bunch of dudes would be dressed in girls clothes (or less) and would be doing disgusting things in front of little kids.
The dust ups inside the park were swept under the rug so that it got no media attention.
The hiring of Eisner and Kennedy have spread wokeness, diversity and perversion into the movies and parks ever since.
Disney has chosen a “hill to die on”: They want to overturn the new Florida law that stops the indoctrination of little children, from pre-kindergarten through third grade, with woke, sexual, gender-identity brainwashing and transgender equality education. Keep in mind that we’re only talking about 5- to 8-year-olds. What parent could possibly disagree? What parent visiting Disney could possibly disagree?
But Disney doesn’t care. They are intent on alienating the tens of millions of parents who believe that 5- to 8-year-olds shouldn’t be sexualized at school and that those same 5- to 8-year-olds shouldn’t be taught to change their sexual identity like they’re changing a pair of sneakers. Can you imagine? Disney has chosen this hill to die on.
The president of Disney recently bragged that she will make sure half of all characters in Disney movies, television shows and videos are either gay, lesbian, trans or other minorities. I have no problem with that. America is a free country. But I hope she and her Disney bosses have no problem if conservatives, Christians and patriots decide to never again visit any Disney theme park or spend a dime on any Disney product.
“Wokeness,” said Greg Gutfeld on Fox, “takes stuff that you love and can turn it to poison.” A recent example of this poisoning has been supplied by the Walt Disney Company, which used to be the purveyor of Mickey Mouse and other things American. Disney’s current management has been seduced by the powerful LGBTQ lobby. The company has announced that, from now on, 50 percent of its characters will be LGBTQ or minorities.
In a shameless case of overreach, Disney attacked a new parental rights law just passed in Florida that bans instruction concerning sex from kindergarten through the third grade. A strong majority of Floridians support the law. Disney doesn‘t give a damn. Following the lead of the left-wing media, Disney has attempted to mischaracterize the law as anti-gay.
The important thing to realize is that a majority of Disney employees are not in lockstep with their management. Jose Castillo, a current Disney employee who is running for Congress in Florida as a Republican, said that the “silent majority” of Disney employees supports the parental rights law despite the loud minority leading Disney to oppose it. “Disney and similar corporations listen to the loudest voices in the crowd,” said Castillo. “The Disney cast members who support the parental rights far outnumber those who are protesting against it.” English broadcaster Piers Morgan summed it up: “You’ve got this small group of very woke people that bully companies into following their very narrow worldview.”
What about the majority of Americans — do they accept wokeness? The answer is no. Wokeness is an example of what I call the tyranny of the minority. “The actual number of the woke remains small,” says Scott McConnell, “perhaps six percent of the population, according to Pew surveys of American political attitudes. It is educated, it is mostly white, it is heavily concentrated in the media and universities. But it isn’t powerful enough to control the country if majorities are mobilized to resist it.”
Florida Lt. Gov. Jeanette Núñez, R., argued that Disney, the “most magical place on earth,” has now digressed into the “most hypocritical and woke” place. The Florida lieutenant governor made these comments after Disney faced backlash over its stance on the parental rights bill signed into law this week by Florida Gov. Ron DeSantis, R.
LT. GOV. JEANETTE NUNEZ: We stand here in Florida…on behalf of the rights of parents, and it’s a sad state of affairs when the most magical place on Earth has now digressed into the most hypocritical and woke place on Earth… Governor DeSantis and I, we don’t take our marching orders from California corporate executives that want to push a radical agenda on our children.
They’ve tarnished their brand with their most recent political activism targeting Florida’s Parental Rights in Education Act — a bill most Americans support.”
Yet she still wishes for the best. “My hope,” she said, “is that the company comes to its senses, remembers who their customers are and gets back to doing what they do best: Entertain ‘dreamers of all ages.’”
Get woke go broke usually. I don’t think Disney will go broke, but a lot of parents have to ask themselves, do I want to take my kids to a place where they are against traditional family values.
They are ruining the movies. They are woke there also. Anytime you can get rid of a white male, it’s Disney’s new rules.
SCOOP: Disney corporate president Karey Burke says, “as the mother [of] one transgender child and one pansexual child,” she supports having “many, many, many LGBTQIA characters in our stories” and wants a minimum of 50 percent of characters to be LGBTQIA and racial minorities. pic.twitter.com/oFRUiuu9JG
I love watching Star Wars and Marvel shows on Disney+ but I fear that soon I won’t be able to watch any of it. I know that Marvel has already started doing that with one of their new movies, The Eternals, and I stopped watching that one as soon as I saw two dudes kissing. It was easy though because the movie, up to that point, was pretty boring.
Update: I just put that woke pronouns are silly. I’ll keep finding new ways to needle them for being woke.
I was very early to LinkedIn, as I was to blogging, Twitter, Facebook and others.
When I got fed up with them going woke or being so biased that I didn’t trust them, I de-platformed Twitter and Facebook.
Recently, LinkedIn stopped allowing revenue to anyone who is in their words a climate change denier. I worked in the Green and Sustainability Industry long enough to learn these things about climate and politics.
At the top, it is about money and power, not saving the planet.
The people that believe it treat it as their religion. The ones I’ve met are the real science deniers. This just confirmed it.
You can’t change the weather, it comes in cycles.
Bonus: They are hiding the past where the weather was the same as it is now. It’s a version of 1984 Newspeak.
Double Bonus: It is based on predictions that never come true, they just predict another one.
Triple Bonus: when they debunk the current cause of global warming, they change it as they do the name (note I used the first name of this nonsense).
Quadruple Bonus: Carbon Dioxide is plant food. It’s why they plant trees for an offset.
Quintuple Bonus: Almost everyone likes warmer weather and farmers grow more.
Not a Bonus: As with LinkedIn, when they don’t agree or lose the argument, they try to shut down the discussion and facts. I expect to lose readers at this point and doubt they’ll read any further, missing the point of the post.
Also not a Bonus: It is an excuse for everything from racism to global cooling.
“If a man is offered a fact which goes against his instincts, he will scrutinize it closely, and unless the evidence is overwhelming, he will refuse to believe it. If, on the other hand, he is offered something which affords a reason for acting in accordance to his instincts, he will accept it even on the slightest evidence. The origin of myths is explained in this way.” – Bertrand Russell
My pronouns went from woke pronouns are silly, to ho/hum and finally they/lied, just like Al Gore and Fauci, care of Elon.
So, when I heard that LinkedIn banished one side of the conversation on anything, I changed my profile to poke fun at them. Here are some of the changes.
My education is now Faber -Knowledge is Good. I put my fraternity as Delta Tau Chi. If you don’t get this reference, you missed one of the all time funniest movies. It was also a stab at my real college that went woke. I won’t even mention them here because I banished them too. I’ve recently changed it to Sigma Epsilon Chi, Eta Pi chapter. That’s SEX fraternity, one I made up in college.
I changed my current Job to writing a sarcastic blog and not finishing several books. This is actually true. I was in their Associates Program which is for freelancers, but I’m blowing them off now.
The rest of my work life is true for now, but I don’t give enough of a tinkers damn to take LinkedIn serious now, so I’m having fun where I can.
I now want to freelance the boil of wokeness that is on the ass of regular people by elites who think they know better.
I decided I didn’t care that much about them to take them seriously. Besides, I retired because I hate the corporate nonsense. See here, here and here for the above stated wankers.
I remember how I was not PC at IBM when I posted that Muslims were the Terrorists in most cases around the world Junaidah Dahlan from our Malaysian office tried to say that she was offended. Well, history has proved my point and most terrorists are muslim. The facts are what they are.
No funny meme’s because Fathers are important (well, maybe later if it is really a good one). Their presence in raising a family is needed as he brings to the table what other’s can’t. Those smarter than me say that Fathers are crucial to the self-esteem of daughters for example.
A good Father is who she starts with to pick her life mate. (I’m hoping that they pick against some of my bad habits). We try, but are fallible like anyone else, but seem to have rougher consequences in today’s environment.
I lost my father 16 years ago, but I remember our times together vividly. I remember times from when I was single digits old. I learned lessons on what to do and what not to do. We won a golf tournament together for his company. He was proud for a long time as our names, which are the same (I’m a legacy) remain together on that trophy.
The real trophy was that I got to spend time with my Dad and my kids.
I’ve been a Father now for many, many years to all 3 types; boys, girls and dogs. They have different needs and figuring out what that is sometimes the hardest part.
What is the most interesting thing for me is that I see a lot of my Dad in my Son. Some traits skip a generation. He’s a lot more like my Dad than I am. I see patterns and anyone can see how much this one is true.
I’m told that your father is one of the first steps in a relationship with God. It’s like having another father who stays with you. I hope people can just think about that rather than argue. Form your opinion as you may.
Have a happy Father’s Day. Look for a reason to celebrate an important person in your life, maybe it is you.
Think about what your Father did, even if it was just to bring you into this world,
Bing Su, a Chinese geneticist at the state-run Kunming Institute of Zoology, recently inserted the human MCPH1 gene, which develops the brain, into a monkey. The insertion could make that animal’s intelligence more human than that of lower primates. Su’s next experiment is inserting into monkeys the SRGAP2C gene, related to human intelligence, and the FOXP2 gene, connected to language skills.
Has nobody in China seen Planet of the Apes?
Or maybe they have. “Biotechnology development in China is heading in a truly macabre direction,” writes Brandon Weichert of The Weichert Report in an article posted on the American Greatness website.
Moreover, Beijing may already be engineering “super soldiers.” “U.S. intelligence shows that China has conducted human testing on members of the People’s Liberation Army in hope of developing soldiers with biologically enhanced capabilities,” wrote then Director of National Intelligence John Ratcliffe, in a December 3 Wall Street Journal op-ed titled “China Is National Security Threat No. 1.”
It is not clear how far Chinese military researchers have gone. They are, however, advocating use of the CRISPR gene-editing tool to enhance human capabilities, and the Communist Party’s Central Military Commission is “supporting research in human performance enhancement and ‘new concept’ biotechnology.”
The People’s Liberation Army has gone all-in on gene editing of humans. As leading analysts Elsa Kania and Wilson VornDick report, there are “striking parallels in themes repeated by a number of PLA scholars and scientists from influential institutions.”
All these Chinese moves are meant to obtain “biological dominance.” “There are,” as Ratcliffe noted, “no ethical boundaries to Beijing’s pursuit of power.”
It’s All About Power
The Chinese have a policy of patience. They can out wait an enemy for centuries and has said it is a strategy.
The new way of achieving dominance has been through economics and manufacturing through cheap labor.
One can not miss the military buildup and the expansion into the Japan/China Sea. The tension with Taiwan is about to boil over.
There is nothing stopping them from experimenting on animals or humans as well documented.
Crisper Is a Two Edged Sword
Gene editing (note, go to the earlier post on Crisper linked above) has the potential for tremendous medical advances or dangerous human destruction. To try and create designer humans with gene-doping is trying to play God. I pity those experimented on, both animals and humans. It has not turned out well in the past and likely won’t for the CCP.
There is an immense amount of good that can and likely will enhance medicine, whether it be in vaccines or editing out diseases, to a point.
The other side is of course trying to create a designer human. The last post linked above talked about super soldiers and a master race. That is fortunately a reach for us now, but it took a while to create the current Covid-19 virus in Wuhan.
How To Know When Gene Doping Has Happened
I am now speculating, but if history is any proof, look to sports as the next indicator. The Chinese have doped for a long time (also well documented) and this is the logical next step. There is no text for gene doping yet so watch for new world records or a dominance in a particular sport such as swimming or track and field.
What we may not know until later is any atrocities that occurred during experimentation.
We have seen what happens when a country tries to create a master race. Just look to WWII and see how that turned out.
I wonder how much the CCP owns the mainstream media (MSM) and whether they will cover this or cover it up.
“Who is rich? He that is content. Who is that? Nobody.” – Franklin
I think this was referring to materialism People always want more, even when they get what they want.
King Midas wanted everything he touched to be gold, but he couldn’t eat and lost his child who was turned to gold.
I read that 4 out of 5 NFL players go bankrupt after being multimillionaires. Most lottery winners declare bankruptcy. Steve Jobs, Rockefeller’s, the Rothschild’s, Henry Ford, Howard Hughes and all of the most wealthy died stinking rich but wanting more.
You can’t serve 2 masters. It’s a quote in the Bible. You will serve one or the other, God or money. It also says that where your treasure is, so shall your heart be.
For some, it is not wealth, rather they seek fame or some hobby or a person. None of that will make you rich.
I’ve already said above where to look for answers that will give you your only source of happiness. It isn’t in material things, rather spiritual. There is nothing wrong with having material wealth, just don’t worship it.
It is interesting to think of what he observed in the mid 1800’s vs. the country we have in 2014. Here are his comments based on a visit:
Upon my arrival in the United States, the religious aspect of the country was the first thing that stuck my attention; and the longer I stayed there, the more I perceived the great political consequences resulting from this new state of things.
In France I had almost always seen the spirit of religion and the spirit of Freedom marching in opposite directions. But in America I found they were intimately united and that they reigned in common over the same country.
Religion in America…must be regarded as the foremost of the political institutions of that country; for if it does not impart a taste for freedom; it facilitates the use of it. Indeed, it is in this same point -of -view that the inhabitants of the United States themselves look upon religious belief.
I do not know whether all Americans have a sincere faith in their religion—for who can search the human heart? But I am certain that they hold it to be indispensable to the maintenance of republican institutions. This opinion is not peculiar to a class of cities or a party, but it belongs to the whole nation and to every rank of society.
The sects that exist in the United States are innumerable. They all differ in respect to the worship which is due to the Creator; but they all agree in respect to the duties which are due from man to man.
Each sect adores the Deity in its own peculiar manner, but all sects preach the same moral law in the name of God.
Moreover, all sects of the United States are comprised within the great unity of Christianity and Christian morality is everywhere the same.
In the United States the sovereign authority is religions…there is no country in the world where the Christian religion retains a greater influence over the souls of men than in America, and there can be no greater proof of its utility and its conformity to human nature than that its influence is powerfully felt over the most enlightened and free nation of the earth.
In the United States, if a political character attacks a sect [denomination], this may not prevent even the partisans of that very sect, from supporting him; but if he attacks all the sects together [Christianity], everyone abandons him and remains alone.
I do not question that the great austerity of manners that is observable in the United States arises, in the first instance, from religious faith…its influence over the mind of woman is supreme, and women are the protectors of morals. There is certainly no country in the world where the tie of marriage is more respected than in America or where conjugal happiness is more highly or worthily appreciated.
In the United States, the influence of religion is not confined to the manners, but it extends to the intelligence of the people…
Christianity, therefore, reigns without obstacle, by universal consent; the consequence is, as I have before observed, that every principle of the moral world is fixed and determinate…
I sought for the key of greatness and genius of America in her harbors…; in her fertile fields and boundless forests; in her rich mines and vast world commerce; in her public school system and the institutions of learning. I sought for it in her democratic Congress and in her matchless Constitution.
Not until I went into the chutes of America and heard her pulpits flame with righteousness did I understand the secret of her genius and power.
America is great because America is good, and if America ever ceases to be good, America will cease to be great.
The safeguard of morality is religion, and morality is the best security of law as well as the surest pledge of freedom.
The Americans combine the notions of Christianity and of liberty so intimately in their minds that it is impossible to make them conceive the one without the other.
Christianity is the companion of liberty in all of its conflicts–the cradle of its infancy, and the divine source of its claims.
They brought with them…a form of Christianity, which I cannot better describe than by styling it in a democratic and republican religion…From the earliest settlement of the emigrants, politics and religion contracted an alliance which has never been dissolved.
The Christian nations of our age seem to me to present a most alarming spectacle; the impulse which is bearing them along is so strong that it cannot be stopped, but is not yet so rapid that it cannot be guided; their fate is in their hands; yet a little while and it may be no longer.
“Whereas it is the duty of all Nations to acknowledge the providence of Almighty God, to obey his will, to be grateful for his benefits, and humbly to implore his protection and favor, and Whereas both Houses of Congress have by their joint Committee requested me “to recommend to the People of the United States a day of public thanksgiving and prayer to be observed by acknowledging with grateful hearts the many signal favors of Almighty God, especially by affording them an opportunity peaceably to establish a form of government for their safety and happiness.”
Now therefore I do recommend and assign Thursday the 26th day of November next to be devoted by the People of these States to the service of that great and glorious Being, who is the beneficent Author of all the good that was, that is, or that will be. That we may then all unite in rendering unto him our sincere and humble thanks, for his kind care and protection of the People of this country previous to their becoming a Nation, for the signal and manifold mercies, and the favorable interpositions of his providence, which we experienced in the course and conclusion of the late war, for the great degree of tranquility, union, and plenty, which we have since enjoyed, for the peaceable and rational manner in which we have been enabled to establish constitutions of government for our safety and happiness, and particularly the national One now lately instituted, for the civil and religious liberty with which we are blessed, and the means we have of acquiring and diffusing useful knowledge and in general for all the great and various favors which he hath been pleased to confer upon us.
And also that we may then unite in most humbly offering our prayers and supplications to the great Lord and Ruler of Nations and beseech him to pardon our national and other transgressions, to enable us all, whether in public or private stations, to perform our several and relative duties properly and punctually, to render our national government a blessing to all the People, by constantly being a government of wise, just and constitutional laws, discreetly and faithfully executed and obeyed, to protect and guide all Sovereigns and Nations (especially such as have shown kindness unto us) and to bless them with good government, peace, and concord. To promote the knowledge and practice of true religion and virtue, and the encrease of science among them and Us, and generally to grant unto all Mankind such a degree of temporal prosperity as he alone knows to be best.” – George Washington’s Thanksgiving Proclamation, 1789
Not all of these are my idea, rather they were gathered from a collection of many, many others as I’ve run across them. Nevertheless, they are interesting to ponder. I’m sure there a thousands more, but they are here for you to share:
Don’t stop learning: If you start coasting through life, you’re gonna lose. Always stretch your intellect. Don’t always try to be original: Just tell the story or paint the canvas or whatever.
Focusing on “fairness” will lead to stagnation. If you’re not failing, you’re doing it wrong. (It’s OK to make mistakes.) Don’t try to reason with mindless, irrational people. Don’t stress yourself out with news and “staying informed” too much. Do something that’s not for money. The key to happiness is BUILDING stuff, not GETTING stuff. Time passes by a lot faster than you’d think. This effect accelerates with age. Wealth is relatively unimportant. Some things can’t be learned; they can only be experienced. Figure out who you are, then ACCEPT that person, and then BE that person. Don’t wait for permission. Give yourself the okay. Don’t lie to yourself. Forgive as much as possible. Grudges achieve little. Be humble (especially to the “little” people). You and you alone control how happy you allow yourself to be. Find a mentor and BE a mentor. Find what you like and let it kill you. You don’t have to eat everything that’s on your plate. You don’t have to pick up a phone that’s ringing. Always take action on things. People regret inaction more than action. The past is something you learn from. It is not something you live in. Wealth is measured by your happiness and not by your financial statement. Your mind decides what is hopeless. Your circumstances do not. More things will happen to you that you have absolutely no control over than things you do have control over. You ALWAYS Have the power to choose how you will react. Remember that their is a God and don’t stop seeking him. Do one thing at a time. All that huzzah about multi-tasking? BS Don’t compare yourself with others. It’s an inaccurate measuring stick. It is more accurate to compare from within. Compare yourself with yourself. How much progress have you made? How have you changed? What negative behavior have you stopped engaging in? That’s what matters.
Don’t believe what you think. Never make up stories in your head about what other people are thinking or why they do certain things. Your made-up stories are making you miserable. You’re often wrong about other people are thinking anyway (I cannot count the number of times I’ve overhead “I think x hates me.”) Quit it. Remember, people are by nature benevolent). The criticism you hear about you is only ever one person’s opinion about you. If it becomes a pattern, then you can re-evaluate course and improve. More power to you.
Learn to handle criticism. Don’t take it personally. Criticism of an idea or project is not criticism of the creator as a person. Everything can always be improved; criticism is the vehicle to allow you to improve. Only apply remedial measures if the criticism has value. ”Criticism is something we can avoid easily by saying nothing, doing nothing, and being nothing.” – Aristotle
Quit idealizing authority. Don’t try to impress people. If you feel a need to you’re implicitly de-valuing yourself and asserting “I don’t think you’ll like me for who I am, so I will try to “impress” you instead.” You’re not allowing yourself to fully connect with someone when you put them on a pedestal. Don’t take anything personally. It’s easy to get offended and internalize what others say. Recognize that when you ask someone for advice, responses can be all over the place. Understand that others opinions’ are a reflection of their own world and a product of their own reality. It has nothing to do with you. Never get into a victim mentality. If you focus on what’s right and wrong, you’ll stagnate. Instead, accept things the way they are. Once you do this you can to start to change things and have the power to redirect the future the way you want to. Value the people in your life. Everyone wants to feel like they’re important. Look at everyone as if they had a star on their forehead that said, “make me feel special.” People hunger for sympathy. Give it to them, and they will love you. Stop wasting time and energy thinking about how people should be different. Be happy for other people who are happy. Train your mind to be sincerely happy for happiness and catch your resentments and jealousies before they run off too far. It’s easy to resent people for being happy. Embrace vulnerability. Embrace discomfort. Doing this will increase your luck surface. Allow yourself to be hurt. When you trust yourself, you’ll be confident enough that you will rise up again when you fall. Just because you don’t feel like doing something doesn’t mean that you shouldn’t do it. You never have anything to lose. You could lose all your money, and become homeless for a while, but you can’t lose who you are, your essence. Be okay with getting your hands dirty and screwing things up – in believing that you have nothing to lose, you will have the power to move through your own life and create change.
Joseph Heller -“The enemy is anybody who’s going to get you killed, no matter which side he’s on.”
Sidney J. Harris – “A cynic is not merely one who reads bitter lessons from the past, he is one who is prematurely disappointed in the future.”
Abba Eban-“History teaches us that men and nations behave wisely once they have exhausted all other alternatives.”
When you win, say nothing, when you lose, say less. -Paul Brown
You have to expect things of yourself before you can do them. -Michael Jordan
Every game is an opportunity to measure yourself against your own potential. -Bud Wilkinson
Excellence is not a singular act but a habit. You are what you do repeatedly. -Shaquille O’Neal
“Socialism is a philosophy of failure, the creed of ignorance, and the gospel of envy, its inherent virtue is the equal sharing of misery.” Winston Churchill, as quoted in The New American Newspeak Dictionary (2005) by Adrian Krieg, p. 96
Rudeness is a weak person’s imitation of strength
“What is a cynic? A man who knows the price of everything and the value of nothing.”
Losers quit when they’re tired. Winners quit when they’ve won
370H-SSV-0773H – read upside down
I returned, and saw under the sun, that the race [is] not to the swift, nor the battle to the strong, neither yet bread to the wise, nor yet riches to men of understanding, nor yet favour to men of skill; but time and chance happeneth to them all.
For man also knoweth not his time: as the fishes that are taken in an evil net, and as the birds that are caught in the snare; so [are] the sons of men snared in an evil time, when it falleth suddenly upon them.– Ecclesiastes 9:11,12 —
“Meetings are indispensable when you don’t want to do anything.” – John Kenneth Galbraith
If guns kill people, then pens misspell words, cars make people drive drunk, forks make you fat, and TVs make you watch porn.
Listen to people. If they are worth talking to, they are worth listening to first.
You can’t change what happens to you in life. All you can change is how you deal with it.
I think I’m emotionally constipated because I haven’t given a Rats Rump in days.
Liberalism: Moochers electing looters to steal from producers
Political Correctness – A term used by whiny wussies that need stuff sugar coated
“The difference between stupidity and genius is that genius has its limits.” -Albert Einstein
“I like to see a man proud of the place in which he lives. I like to see a man live so that his place will be proud of him.” Abraham Lincoln
“This nation will remain the land of the free only so long as it is the home of the brave.” Elmer Davis
“Let every nation know, whether it wishes us well or ill, that we shall pay any price, bear any burden, meet any hardship, support any friend, oppose any foe, to assure the survival and success of liberty.” John F. Kennedy
“Sure I wave the American flag. Do you know a better flag to wave? Sure I love my country with all her faults. I’m not ashamed of that, never have been, never will be.” John Wayne
“We must always remember that America is a great nation today not because of what government did for people but because of what people did for themselves and for one another.” Richard Nixon
“There is no limit to the greatness of America!” George W. Bush
“Liberals become indignant when you question their patriotism, but simultaneously work overtime to give terrorists a cushion for the next attack and laugh at dumb Americans who love their country and hate the enemy.” Ann Coulter
“I only regret that I have but one life to lose for my country.” Nathan Hale
“Patriotism is not short, frenzied outbursts of emotion, but the tranquil and steady dedication of a lifetime.” Adlai E. Stevenson
“One, if you attack my integrity, I will defend myself. If you attack my patriotism, I will defend myself. If you come after my family, I will counter-attack viciously, I will destroy you.” Scott Ritter
“The American patriots of today continue the tradition of the long line of patriots before them, by helping to promote liberty and freedom around the world.” John Linder
“Patriotism is easy to understand in America. It means looking out for yourself by looking out for your country.” Calvin Coolidge
“This country will not be a good place for any of us to live in unless we make it a good place for all of us to live in.” Theodore Roosevelt
“You cannot spill a drop of American blood without spilling the blood of the whole world…. We are not a nation, so much as a world.” Herman Melville
A great civilization is not conquered from without until it has destroyed itself from within – Ariel Durant
“Blessed is the man who, having nothing to say, abstains from giving wordy evidence of the fact.” – George Eliot
But isn’t it always that way with liberals? The only time they seem to make any sense at all is when they’re drunk or you are.
Ya gotta be tough if your gonna be stupid.
“Political correctness is a doctrine, fostered by a delusional, illogical minority, and rapidly promoted by mainstream media, which holds forth the proposition that it is entirely possible to pick up a piece of crap by the clean end.”
Laurence J. Peteropen
“Against logic there is no armor like ignorance.”
“Never judge a book by its movie.”
“Liberals are very broadminded: they are always willing to give careful consideration to both sides of the same side.”
The fear of the Lord is the beginning of Wisdom
If the phone doesn’t ring, it’s me – Jimmy Buffett
The strongest reason for the people to retain the right to keep and bear arms is, as a last resort, to protect themselves against tyranny in government.” – Thomas Jefferson
Pain is only temporary, victory is forever -Jeremy H. WinningLaurence J. Peter – “Competence, like truth, beauty and contact lenses, is in the eye of the beholder.”
Ronald Reagan – “The government’s view of the economy could be summed up in a few short phrases: If it moves, tax it. If it keeps moving, regulate it. And if it stops moving, subsidize it.”
Douglas Adams – “Human beings, who are almost unique in having the ability to learn from the experience of others, are also remarkable for their apparent disinclination to do so.”
Ronald Reagan – “The nine most terrifying words in the English language are, ‘I’m from the government and I’m here to help.'”
Mark Twain – “Suppose you were an idiot and suppose you were a member of Congress. But I repeat myself.”
Frank Zappa – “Communism doesn’t work because people like to own stuff.”
Peter Drucker – “So much of what we call management consists in making it difficult for people to work.”
Michael Crichton – “Whenever you hear the consensus of scientists agrees on something or other, reach for your wallet, because you’re being had.”
Thomas Sowell – “Much of the social history of the Western world over the past three decades has involved replacing what worked with what sounded good.”
Vince Lombardi – “If winning isn’t everything, why do they keep score?”
Ronald Reagan – “Politics is supposed to be the second oldest profession. I have come to realize that it bears a very close resemblance to the first.”
“Thanking Obama for killing Osama bin Laden is like going into McDonald’s and thanking Clown Ronald McDonald for the hamburger. The person cooking the burger should get the credit, not the Clown. It was the intelligence gained by the previous administration that found him.”
And you sir are weak! Unwilling and unable to look evil in the eye and deal with it! – Jack Bauer
“If one does not fail at times, then one has not challenged himself.” -Ferdinand Porsche
Here’s how you know a country has been around for a while. When BBC.com’s “Timeline” starts with “Settlement of Nile Valley.”
• For the next 9,000 years, it’s mostly downhill from there:
— 669 BC – Assyrians from Mesopotamia conquer and rule Egypt.
— 525 BC – Persian conquest.
— 332 BC – Alexander the Great conquers Egypt.
— 31 BC – Egypt comes under Roman rule.
— 642 AD – Arab conquest of Egypt.
— 1517 – Egypt absorbed into the Turkish Ottoman empire.
—1798 – Napoleon Bonaparte’s forces invade but are repelled by the British and the Turks in 1801.
— 1882 – British troops take control of Egypt.
— 1922 – Fuad I becomes King of Egypt and Egypt gains its independence.
— 1953 – [Military] Coup leader Muhammad Najib becomes president as Egypt is declared a republic.
— 1956 July – Gamal Abdul Nasser nationalizes the Suez Canal.
— 1956 October – Tripartite Invasion of Egypt by Britain, France and Israel due to the nationalization of the Suez Canal.
— 1967 June – Six-Day War in which Israel defeats forces of Egypt, Jordan and Syria. Israel takes control of Sinai, the Golan Heights, the Gaza Strip, East Jerusalem and the West Bank.
— 1973 October – Egypt and Syria go to war with Israel during Israel’s celebration of Yom Kippur to reclaim the land they lost in 1967.
— 1978 September – Camp David Accords for peace with Israel are signed.
— 2011 February – President Mubarak steps down and hands power to the army council.
• And, like that.
• Egypt’s major mistake was being located along the Nile (which flows north to the Mediterranean, but you knew that) and the Red Sea. If it weren’t for that no one would have ever bothered with it.
• Except, maybe for that whole Cleopatra-Julius Caesar-Marc Antony thing.
• More recently Egypt has been the focal point of the “Arab Spring” that began two years ago on December 18, 2010 in Tunisia. Since that time there has been unrest ranging from demonstrations, to riots, to revolutions to at least one civil war in (according to Wikipedia’s count):
Tunisia, Egypt, Libya, Yemen, Bahrain, Algeria, Iraq, Jordan, Kuwait Morocco, Sudan, Lebanon, Mauritania, Oman, Saudi Arabia, Djibouti, Western Sahara and, of course Syria.
• We know from recent events how stable Libya is and, according to the Washington Post, some 64,700 Syrians have died since the demonstrations began in November 2011.
I am not Jewish except through the grafting of the family of Japheth into Shem (Gen 9:18 And the sons of Noah, that went forth of the ark, were Shem, and Ham, and Japheth: and Ham is the father of Canaan.
Gen 9:19 These are the three sons of Noah: and of them was the whole earth overspread.)
I still believe that the Jews are God’s chosen people to deliver the Messiah, so any anti-Semitic comments will not be allowed on this post.
Chanukah, which begins on the 25th day of the month of Kislev and lasts eight days, is known mainly for the ritual of lighting the Menorah, an eight branched candelabra. Before we discuss this and other rituals and observances associated with Chanukah, a little historical background about Chanukah is in order.
Chanukah, unlike the other Rabbinically ordained observances (Purim, the Four Fasts), is not mentioned explicitly at all in Scripture. Even in the Talmud, there is little discussion about Chanukah. The Gemora in the tractate of Shabbos (21b) writes: “What is (the reason for) Chanukah? For our Rabbis have taught ‘On the 25th of Kislev, the days of Chanukah, which are eight (start), on which eulogies and fasting are not permitted.’ – For when the Greeks entered the sanctuary of the Temple, they made all of the oil there ritually impure (and therefore unfit for use in the Temple). When the Hashmonean dynasty gained the upper hand and defeated them, they searched and found only one flask of oil on which the seal of the High Priest remained (which indicated it was not defiled). There was only enough in this flask to light (the Menorah in the Temple) for one day. A miracle occurred and they were able to light (the Menorah) with it for eight days. The next year, they established and made (these days) a holiday, with Hallel (praises of G-d) and expressions of thanks (to G-d).”
There are many commentators who elaborate on the Gemora. One of these is the Aruch HaShulchan. His words, which follow, add to the very general description that the Gemora offers. There are more detailed historical works which deal with the background of Chanukah. However, the general description of the Aruch HaShulchan is a good starting place for the discussion of Chanukah which will follow in later issues.
The Aruch HaShulchan (Orech Chayim 670) writes that: At the time of the Second Temple, during the reign of the wicked kings known as Antiochus, decrees were issued on the nation of Israel. These decrees had the effect of anulling the practice of the holy Jewish religion. The Jews were not permitted to study Torah or perform Mitzvos. The money of the Jews was confiscated, and the Jewish daughters were snatched. They went into the Temple where they performed improper acts and defiled the ritually pure. They pained the nation of Israel and pressured them immensely until the point where Hashem, the G-d of their forefathers, had mercy on them and saved them from the evil hands that were persecuting them. Hashem saved them through the hands of the holy and pure Hasmoneans, who were high priests, with Mattisyahu and his sons, who fought with Antiochus. The victory occurred in a way that went against the laws of nature, as the Hashmoneans, with their righteous troops, were very small in number, while Antiochus fell upon them with a great number of people, with many elephants, and with horsemen and chariots. However, Hashem favored His nation of Israel and therefore let the strong fall into the hands of the weak, the wicked into the hands of the righteous, the impure into the hands of the pure. Furthermore, those traitors from the nation of Israel who sided with Antiochus fell into the hands of those who studied Torah. Then, the name of G-d was elevated and sanctified in the world, and the light of Torah with its purity shined, and the name of the nation of Israel reached a level of great stature amongst the nations of the world .
This miracle came to a completion on the 25th day of Kislev. There was, however, another miracle. When the nation of Israel entered the Temple to purify it, all of the people were ritually impure because they came into contact with the dead during the course of the battles. A person who is impure because of contact with the dead can only become pure through a process which takes seven days. It was only after these seven days that people were able to obtain a supply of pure oil. Furthermore, it took 8 days to make the round-trip needed to obtain pure oil. Only one flask of pure oil, which still bore the unbroken seal of the High Priest, was found in the Temple. Hashem performed a miracle, and this flask of oil which should only have lasted for one day was able to be used to light the Menorah in the Temple for eight days, until which time no additional pure oil was available. We therefore have eight days on which we praise and give thanks to Hashem.
I wish to all my Jewish friends and those grafted in a Happy Chanukah.
This is not my data, rather a Bloomberg study. What I can’t figure out is how the US is so emotional except for the political discord recently (the article below says they are happy). I much more expected it from the Latin countries.
Singapore is the least emotional country in the world. ”Singaporeans recognize they have a problem,” Bloomberg Businessweek writes of the country’s “emotional deficit,” citing a culture in which schools “discourage students from thinking of themselves as individuals.” They also point to low work satisfaction, competitiveness, and the urban experience: “Staying emotionally neutral could be a way of coping with the stress of urban life in a place where 82 percent of the population lives in government-built housing.”
The Philippines is the world’s most emotional country. It’s not even close; the heavily Catholic, Southeast Asian nation, a former colony of Spain and the U.S., scores well above second-ranked El Salvador.
Post-Soviet countries are consistently among the most stoic. Other than Singapore (and, for some reason, Madagascar and Nepal), the least emotional countries in the world are all former members of the Soviet Union. They are also the greatest consumers of cigarettes and alcohol. This could be what you call and chicken-or-egg problem: if the two trends are related, which one came first? Europe appears almost like a gradient here, with emotions increasing as you move West. (their emotions are sedated)
People in the Americas are just exuberant. Every nation on the North and South American continents ranked highly on the survey. Americans and Canadians are both among the 15 most emotional countries in the world, as well as ten Latin countries. The only non-American countries in the top 15, other than the Philippines, are the Arab nations of Oman and Bahrain, both of which rank very highly. (they have it good there)
English- and Spanish-speaking societies tend to be highly emotional and happy. Though the Anglophone nations of the world retain deep cultural links, it’s not clear if Spain’s emotional depth has anything to do with Latin America’s. According to Gallup, “Latin America leads the world when it comes to positive emotions, with Panama, Paraguay, and Venezuela at the top of that list.” Yes, even Hugo Chavez’s Venezuela is apparently filled with happy people. (they have to say that or be imprisoned)
Africans are generally stoic, with some significant exceptions. The continent is among the world’s least emotional, though there is wide variation, which serves as a non-definitive but interesting reminder of Africa’s cultural diversity. Each could be its own captivating case study. It’s possible that South Africa’s high rating has to do with its cultural ties to Western Europe, for example, and Nigeria’s may have to do with the recent protest movement in the south and sectarian violence in the north. (life is tough for them, they cope)
The Middle East is not happy. Gallup notes, “Negative emotions are highest in the Middle East and North Africa, with Iraq, Bahrain, and the Palestinian Territories leading the world in negative daily experiences.” Still, that doesn’t quite fully explain the high emotions in the Levant and on the Arabian peninsula, compared to the lower emotions in Libya, Algeria, and Morocco. Perhaps this hints at how people in these countries are being affected by the still-ongoing political turmoil of the Arab Spring. (they are rife with terrorists who brim with hate)
What am I missing? Every color-coded national boundary here tells a story. Why is Haiti so bereft of emotion compared to its neighbors? Why is Angola so heavy with feeling? Leave your thoughts in the comments or reach me on social media. (Haiti was founded on voodoo so they believe in the devil).
One of my good friends, “Judge Rob,” is a local, elected judge who also owns a small family business. Judge Rob paraphrased Warren Buffett when we were discussing mortgages over a recent breakfast, saying, “If I knew where I was going to live for the next decade or so, I would buy a house with a long-term mortgage.” The idea is that a mortgage is a good hedge against inflation because you pay it off with much cheaper dollars down the road.
Today, many pundits point to low interest rates and encourage people to borrow as much as they can while interest rates are low. While they do have a good point, deciding when to pay off my own mortgage caused a great deal of conflict between the logical and emotional parts of my brain.
In the early days of black-and-white television, much of the programming was old, silent movies. Who can forget the little old widow, confronted by the evil, rich banker, who licked his chops at the opportunity to throw her out as her mortgage payment came due? As the deadline got closer, the piano would bang louder and faster, and somehow Widow Nell would make her payment in the nick of time. Was I programmed by my generation’s version of Sesame Street?
There’s Something to Being “Old School”
I spent a good bit of my breakfast with Judge Rob in “Yes, but!” mode. Here’s why.
When I was contemplating paying off my mortgage, I spoke with a CPA who also happened to be a financial advisor recommended by a good friend. I explained that I was self-employed, so my income fluctuated, and my mortgage was my largest monthly bill. I suggested that there could be some emotional benefit to paying it off. Less stress perhaps?
He insisted that I could invest and out-earn the cost of my first mortgage. He pooh-poohed the idea of paying it off to calm my nerves, and kept repeating that I could easily invest my money and earn more after taxes than the cost of the first mortgage.
When I asked if his mortgage was paid off, he responded with, “Oh, hell yes!” I was flabbergasted. How could he advise me to do one thing when he’d done the exact opposite? He explained that his wife was from Germany – the old school where you pay your bills, don’t borrow money, and stay out of debt.
Then I asked him, “Once you paid off your mortgage, did you sleep better at night?” He pondered a bit and said, “Yeah, I guess I did. I no longer worried about it. No matter how bad things got, we would still have a roof over our heads.”
When I asked Vedran Vuk, our senior research analyst, about when to pay off a first mortgage, he made some excellent points. First, you should no longer view your house as an investment that’s going to rapidly appreciate as it did in the past. A house is a home, and you should look at it that way. Second, right now a mortgage can make sense from an investment perspective. If you can borrow money at 3.5%, invest it, and earn a guaranteed higher return on it, you’ll come out ahead.
The real question becomes: where can you find a guaranteed greater return, even with the low mortgage rates available today? The government is committed to keeping interest rates artificially low for the foreseeable future. Yields on CDs and high-quality bonds are pathetic.
I just checked my brokerage account, and the longest CD they have available is a five-year CD paying 1.15%. A 30-year Treasury bond will pay 2.8%. Neither holds any appeal for me, particularly if I were investing with borrowed money.
If you’ve found an investment that’s a lead-pipe cinch – one that’s absolutely, positively going to pay off – and a low mortgage rate, you may want to roll the dice. However, I want to add one more note of caution.
The upcoming issue of Money Forever‘s premium subscription, which we’re releasing on December 18, takes an in-depth look at reverse mortgages, one of the most controversial ways to help fund your retirement. Our team will explain reverse mortgages in easily understood terms, highlight pitfalls to avoid, and explain how a reverse mortgage is a good way for some (but not all) folks to fund their retirement and maintain their lifestyle.
Before obtaining a reverse mortgage you must go through HUD counseling. While researching our upcoming report, I came across a study of over 20,000 people who had been through HUD counseling between September 2010 and November 2010. A few statistics really jumped off the page!
In 2000, the average age of people receiving reverse mortgages was 73 years old. By November 2010, the average age had dropped to 71.5, and it’s continuing to decline. In other words, retirees are tapping into their home equity at an increasingly younger age, many because they have no other choice.
It was also interesting to learn why these folks wanted a reverse mortgage. In the 70-and-older group, 38% still had mortgage debt. Seventy-one percent owed 25% or more on the current value of their home, and 33% had a mortgage in excess of 50% of the value of their home. Many wanted a reverse mortgage because they could not service their existing debt. A reverse mortgage is based on the net equity in your home. If their homes were paid for, meaning no huge house payment, perhaps they could have put off the reverse mortgage for a few more years. The older the applicant, the higher monthly payment they receive.
I wonder how many of these folks lost money betting on their lead-pipe cinch investment because they had been nudged along by their CPA.
My point is simple. For most baby boomers and retirees, their home is their largest asset. You don’t want to live like the little old widow in a black-and-white film, worrying about getting thrown out of your home, particularly if you’re no longer working.
Nevertheless, if you had a mortgage with a 3.5% interest rate and we were still living in a world where a top-quality bond or CD would pay you 5% or more, it could make sense to take advantage of it. But that’s not the world of today.
Ideally, you would pay off your mortgage and then use the money you’d been setting aside for payments to build a nice portfolio. For many folks, home equity is like a security blanket – and a potential source of income for when they may really need it.
The Judge’s Word Isn’t Always Law
As I left our breakfast meeting, I shared a few parting comments with Judge Rob. The mortgage conundrum has both financial and emotional factors. Paying off your mortgage is a milestone; it really does change your life. I certainly sleep better, and my blood pressure probably dropped ten points. It was the point when my wife and I actually started accumulating true wealth.
I heard him speak once, and it was inspiring. He was late in life but still had much youth in his presentation. I wish I could come up with such inspiring messages:
Money won’t make you happy… but everybody wants to find out for themselves.
People often say motivation doesn’t last. Neither does bathing—that’s why we recommend it daily.
Money isn’t the most important thing in life, but it’s reasonably close to oxygen on the “gotta have it” scale.
Money will buy you a bed, but not a good night’s sleep, a house but not a home, a companion but not a friend.
People don’t buy for logical reasons. They buy for emotional reasons.
If you can dream it, you can achieve it.
Building a better you is the first step to building a better America.
Your attitude, not your aptitude, will determine your altitude.
Little men with little minds and little imaginations go through life in little ruts, smugly resisting all changes which would jar their little worlds.
Sometimes adversity is what you need to face in order to become successful.
Every choice you make has an end result.
Every obnoxious act is a cry for help.
Expect the best. Prepare for the worst. Capitalize on what comes.
Failure is a detour, not a dead-end street.
I believe that being successful means having a balance of success stories across the many areas of your life. You can’t truly be considered successful in your business life if your home life is in shambles.
If God would have wanted us to live in a permissive society He would have given us Ten Suggestions and not Ten Commandments.
If you can dream it, then you can achieve it. You will get all you want in life if you help enough other people get what they want.
If you don’t see yourself as a winner, then you cannot perform as a winner.
If you go looking for a friend, you’re going to find they’re very scarce. If you go out to be a friend, you’ll find them everywhere.
If you learn from defeat, you haven’t really lost.
If you treat your wife like a thoroughbred, you’ll never end up with a nag.
If you want to reach a goal, you must “see the reaching” in your own mind before you actually arrive at your goal.
It was character that got us out of bed, commitment that moved us into action, and discipline that enabled us to follow through.
It’s not what you’ve got, it’s what you use that makes a difference.
Many marriages would be better if the husband and the wife clearly understood that they are on the same side.
If you treat your wife like a thoroughbred, you’ll never end up with a nag.
People often say that motivation doesn’t last. Well, neither does bathing – that’s why we recommend it daily.
Statistics suggest that when customers complain, business owners and managers ought to get excited about it. The complaining customer represents a huge opportunity for more business.
Success is dependent upon the glands – sweat glands.
The foundation stones for a balanced success are honesty, character, integrity, faith, love and loyalty.
The way you see people is the way you treat them.
When you are tough on yourself, life is going to be infinitely easier on you.
You cannot perform in a manner inconsistent with the way you see yourself.
People who have good relationships at home are more effective in the marketplace.
You cannot climb the ladder of success dressed in the costume of failure.
Positive thinking will let you do everything better than negative thinking will.
Success is the maximum utilization of the ability that you have.
Remember that failure is an event, not a person. You cannot tailor-make the situations in life but you can tailor-make the attitudes to fit those situations.
You do not pay the price of success, you enjoy the price of success.
You were born to win, but to be a winner, you must plan to win, prepare to win, and expect to win.
Remember that failure is an event, not a person.
You will get all you want in life, if you help enough other people get what they want.
There has never been a statue erected to honor a critic.
Expect the best. Prepare for the worst. Capitalize on what comes.
If you go looking for a friend, you’re going to find they’re scarce. If you go out to be a friend, you’ll find them everywhere.