A controversial provision that would allow bankruptcy judges to modify mortgages for troubled homeowners was rejected by the Senate on Thursday. The provision, known as “cram-down,” failed on a vote of 51-45. A similar measure was approved by the House earlier this year.
A controversial provision that would allow bankruptcy judges to modify mortgages for troubled homeowners was rejected by the Senate on Thursday.
Finally, Washington has made a decision that I can appreciate. This provision would have allowed for JUDGES to change the terms of loans. Whether it be interest rates, or loan repayment length, it never made sense to begin with! Again, Washington has finally made a decision that has made me Proud to be an American.
In May, I will be graduating with a degree in Computer Systems. I have two options; one is to find a company to work for, and the other is to start my own development firm. I have actively been searching for a job, but I have also considered opening my own firm. The thrills of owning a business are extremely enticing, and I find myself leaning that way more and more. Do not get me wrong, I would love to find a job in the KC Metro area, with which I can have a structured future. However, I am about two weeks from graduating college, and I have some huge decisions to make.
Our corporate taxes, in the United States, are some of the highest in the world. More importantly, our taxes on small businesses are exorbitant. I direct you to this link to see for yourself. If you notice the range of $100,000 to $335,000 USD, that tax rate is the highest of any level. OK, so if you have a small business, you aim to jump from $99,999 to $335,001 USD. All jesting aside, President Obama is looking to increase taxes for businesses making over $250,000 USD in taxable income. I am not sure about you, but giving away 39% of any sort of income does not seem very fair. And now, the Obama Administration has proposed raising that to an even higher percentage!?! What are we thinking, America?
By now, I am sure that you are getting tired of the ‘complaining’ in regards to taxes. However, I am making a call to all sane people out there. Write to your congressmen and congresswomen and tell them that you have had enough of the ridiculous amount of taxing that our government has instilled on our society. Make sure that they know that the ‘tea parties’ that the country partook in a few weeks ago were for real. Now is the time for ‘change’.
I digress. Taxation is a needed part of any functional government; however, it has its limitations. To loosely paraphrase a smart gentleman, “Ask not what your [government] can do for you, but what you can do for [yourselves].” Too often we rely on our government to tell us what to do; now is the time to realize that a government is only in place to assist, not direct [except in few instances, i.e. - war].
Many of you out there will read this and do nothing. I cannot blame you, because the majority of you are not small business owners. However, for all of the small business owners out there, the future is now. We, and we alone, can define what it holds.
Nick
I have been neglecting my gloating; better late than never. The K-State at Salina SIFE [Students in Free Enterprise] team is a Regional Champion. We traveled to Dallas, TX and competed against some of the best SIFE teams in the nation; and we climbed mountains. OK, so I took that last line from our presentation; it still applies, though.
I have also been actively working on my freelance work. I have partnered up with TrailsEnd Massage. I am in charge of redoing their site content, as well as working on a top secret web programming assignment. It has been a great pleasure working with Eric and Becca, and am extremely excited for the next 30 to 40 days.
Yay! I graduate in the traditional four years, with two [fine, three] degrees. If you are interested, it is May 9th, at the State Highway Patrol building, here in Salina, KS.
And last, but definitely not least, the biggest day of my life! I am getting married! The big day is May 26th, at 06:00pm. We are looking forward to sharing the moment with all of our family and friends. Love you, Natalie!
Well, as you have probably already noticed, I did not get around to posting in January. Believe it or not, I was actually not around a computer all that much.
The first major event [from my last post] was that my fiancées [Natalie's] cold water pipe frooze and burst. This ended up flooded half of her house, and required new carpet in one bedroom, the living room and new linoleum in the kitchen and bathroom. Yay for insurance! Of course, this had to happen two days before Christmas. Fortunately, aside from some minor things, nothing important was damaged.
The next order of business was my future sister-in-laws wedding, which took place on December 27th, 2008. I was a groomsmen for Luke in the wedding.
Next, Natalie and I traveled to Glenwood Springs, CO and did some skiing at Sunlight Mountain. It was only Natalie’s second time going, and her first time since elementary school, so it was a lot of re-learning for her.
Almost as soon as I got back from there, I jumped on a plane and headed over to Cairo, Egypt to visit the parents. While there, I saw the Pyramids in Giza, and the Khan el-Khalili, which is a market, Marassi and finally the Greco-Roman ruins and Bibliotheca Alexandria in Alexandria, Egypt.
Lastly, I stared school. My last semester; w00t! I will graduate with a BS in Computer Systems Technology and an AT in Web Development. Yay for computers!
Well, there you have it. I hope you enjoyed the read.
It is finally here, that is. Winter has hit Salina, KS with a snowy fist. As I write this, I find myself inside the cozy atmosphere of Mokas Coffee, watching a light snow decorate the sidewalk, like garland does a mantle.
Most people, of course, would be cursing the situation. Poor driving conditions, shoveling snow and wiping off their cars. These people, of course, completely misunderstand the current situation. Snow is like the hug of a mother or the kiss of a significant other. It was put on this wonderful earth to enjoy, not to regret. Sure it takes some extra time to get around; I guess it gives us an excuse to work on our time management skills. However, as one of my professors stated just today, “without winter, spring is pretty anti-climactic.”
Today, I challenge you. Quit your negative Nancy attitude, and get out and enjoy the fluffy stuff. Build a snowman, take the kids sledding, make a snow angel; whatever you do, enjoy it while you can. Because once spring begins, you will get to enjoy a whole new set of God’s gifts.
