Posted tagged ‘debt’

Healthcare and Simple Math

July 16, 2009

I have to tell you I got pretty excited last night watching the news.  It seems that the House has come up with a way to afford the new universal healthcare package the government is going to provide, and it will actually save as much as it costs!

The plan is simple.  The new universal healthcare plan will cost a TRILLION a year, and we can get that money by taxing the RICH and small businesses an extra 5%.  Pretty cool, I think.  Plus, and here is the best part, our government leaders are promising that so many reforms will be made in the new universal healthcare package that it will actually save an extra $500 BILLION to $1 TRILLION a year.  One Democrat leader even promised that if the savings was $1 TRILLION they would rescind the 5% tax hike on the RICH and on small business.

So, here are some math questions I have, as well as some foundational truths.

Truth #1 – Isn’t the future viability of our country based on the ability of our country to stay prosperous and financially stable?  It seems to me that our biggest challenge right now is our debt level and our sluggish economy.

Idea # 1 — What if we just put a 12-month freeze on universal healthcare, passed the tax increase on the rich, and used the money to pay off $1 TRILLION in debt?  I would also pass a law that we cut the total government budget by 10%.  It seems like most American citizens and businesses have cut back their spending by 10%; I think our elected leaders need to do the same and lead by example for a change!  I know many businesses (ours included) have had pay cuts of at least 10% – what if all government employees got a 10% pay cut?

Idea #2 – At the end of 12 months, we take the money we would have paid in interest on the $1 TRILLION in debt we paid off, and we use it to reform the healthcare system we have now.  We use the money on the things that will give us the biggest savings first.  Wow, all of a sudden the universal healthcare is starting to pay for itself, the only difference being is we waited one year to start and our debt is reduced by $1 TRILLION.  If we kept this up for the next eight years, we would be out of debt and have universal healthcare that pays for itself!  (You can check out our national debt here)

Truth #2 — Some people really need healthcare and they can’t afford it, through no fault of their own.

Idea #3 — I agree 100% with this, and I think almost every American does as well.  I hear different numbers on how many people don’t have healthcare because they can’t afford it  all of the time, so please correct me or point me to the real figures if I am substantially off base.

It seems that there are approximately 40 million in America who do not currently have healthcare.  About 15 million of those people REALLY can’t afford it and need our help.  They have special needs, or are hardship cases, etc.  Another 15 million are illegal immigrants.  And the final 10 million are people who can afford it, but choose not to – they prefer their iPods, vacations, nice cars, and fast food instead.  So the math question is – do we really have a 40 million person problem, or is it really a 15 million person problem?  I would really like your thoughts on this one because this seems to be really high level math!

Seven Success Keys

September 23, 2008

 Right now with the economic meltdown going on, or not going on, depending on if it’s Monday or Friday, I think we all want our individual success to depend on us, not on the economy, not our employer, and certainly not the government!  So here are a few keys to consider:


  1. “You have to be before you can do, and you have to do before you can have,” Zig Ziglar,   Dad lays it out pretty clearly right here.  Success starts with being the right kind of person first.  Build the proper character foundation in your life, then apply it with great work ethic, and only then can you have the things in life you want. 
  2. “You can have everything in life you want, if you will just help enough other people get what they want,” Zig Ziglar.  This is the philosophy that guides your be, do, and have mindset.
  3. “All great failures are moral failures,” Fred Smith   Dad’s mentor Fred Smith points out that anytime you see a great failure, it is not because of their intellect, but because of some great moral failure.  The current economic crisis is a perfect example of this.  Greed and instant gratification are the two primary reasons we have a crisis right now.  Isn’t it morally wrong to knowingly encourage someone to take a huge risk?  Isn’t it morally wrong to take a huge risk for no other reason than instant gratification?
  4. “The five predictors of success for someone starting and running their own business are passion, talent, determination, self-discipline, and faith,” Dan Miller, No More Mondays,  Do you have what it takes to be your own boss?  Dan is the go-to guy for advice on this.  How cool would it be to wake up every day doing what you are passionate about? (Trust me, it’s COOL!)
  5. “Debt is dumb, cash is king,” Dave Ramsey, Imagine having no debt in your life.  Would you sleep better?  How much freedom would you have?  Being debt free is a choice and Dave gives you a specific plan of action on how to become debt free.  I must warn you though; the plan is very simple, although not necessarily easy because there are no gimmicks or shortcuts.  It only requires common sense and uncommon discipline!
  6. “Eat pure,” Tom Ziglar,  The Purity Diet. The most important asset you have is your health.  The best thing you can do to benefit your health is to eat right.  If you “eat pure” every day you will be amazed at the results.
  7. “I’ve heard it, too: Motivation is temporary, and I agree. But then, so is bathing and eating, but if you do both of them on a daily basis you will live longer and smell better in the process,” Zig Ziglar.  What kind of fuel are you running your brain on?  Put the good, the clean, the pure, the powerful and the positive into your brain on a daily basis and the amount of good stuff that comes out will astonish you!

More Thoughts about Right Choices

September 16, 2008


Watching the financial markets melt down today along with the home mortgage crisis makes me wonder how these things happen and how to avoid them.  So, here are some thoughts regarding good choices:


Eating Pure – when you eat only non-processed food and no chemicals you pretty much eliminate things like diabetes and high blood pressure.


Buying a car – a friend of ours is having second thoughts about buying a new car.  I told them we now buy only used cars that are a few years old, and we only pay cash.  This means we are never upside down in a car, and are never driving more than we can afford.


Buying a house – 100% of the foreclosures happen to people with mortgages.  Hmmm.  Wish I had put 20% down with a 15 year fixed note not greater than 25% of my take home pay.


Mortgage sellers – what started off as a good thing, helping people own a home, turned into a “greed frenzy.”  Every year it seemed the requirements got a little looser, and more unqualified people got homes.  Typical human nature at work.


Old-fashioned common sense about “Stuff” – if you can’t pay cash for it, you can’t afford it.


Dating – my brother-in-law asked me if I would ever marry someone who smoked.  I said “No.”  He asked how I could be so sure.  I said, “Because I would never date a girl who smoked.”


Doing deals – You can never do a good deal with a bad guy.  This is basically what happened in the mortgage crisis.  In the beginning the “deals” were not that risky, but because no one got burned, it made it easy to make the next “deal” a little riskier.  Just like “good deals” with a bad guy.  The original deal doesn’t get you in trouble, it’s the little add-on deals that come with the package that kill you.


Pure and Simple living – how complicated would your life be if you dated and associated with only the right kind of people, you had zero debt, and you ate only pure food?