Before I begin today’s blog, I should tell you that I am a real Chrysler fan. My car rental agency only handled their vehicles. Chrysler was the firm with the best engineering in the business; maybe, not the best designs always, but… (I also stopped being an exclusive Chrysler guy when Mercedes Benz took them over.) And, now, as you can see from the pictures, Chrysler is back in the news.
Category Archives: Economy
Today is the day!
Today is the day… One that will probably match the revolution in health care that arose almost 50 years ago. That was Medicare. This one, which will be revised as often and for the same reasons that we refined Medicare- is popularly (or is that infamously) known as Obamacare (PPACA is the legal abbreaviation for the act.)
Biofarming- with some great new twists!
Many of you know that I have been working with water reuse systems for some four decades now. One of the first projects was the development (and sale) of a home wastewater recycling system. During it’s development, we found that certain high use conditions led to a buildup of ammonia in the returning (clean) wastewater to the toilet. Trust me, there are only so many times you can tell the homeowner that the ammonia smell means their toilet bowl is clean. (If you must know, once was about the limit!)
Tzedaka
We all want to help. But, most of us have limited funds. Even as an advisor/director of trusts, there never are unlimited funds to help every charity that deserves it. (Professional advisors- who we do not employ- never answer that question directly, either. Instead, they offer you categories of charities that meet their specifications. You still have to choose!) How do you decide? Continue reading Tzedaka
Your gross receipts may be underreported…
I warned you guys. The second the IRS was going to get their hands on the credit and debit card transactions. Moreover, they are right, as I said.
P2P?
So, we talked about crowdfunding. What about peer-to-peer lending? This has been around for a while. And, it has some advantages- but it won’t fund a company. It could possible get a small company out of a jam. And, it certainly can work for certain individuals. But, the limit of the loan via this process seems to be about $35K.
Progress…but a long way to go!
It was 50 years ago today.  A. Philip Randolph and Bayard Rustin organized the day’s March on Washington for Jobs and Freedom. To strike a blow for freedom and the ability of everyone to have a job that paid reasonable wages. A problem that still exists today- perhaps, even more so.
I didn’t believe it either!
I was reading an article in the Wall Street Journal. And, my immediate reaction was- What? Are you for real? But, I thought about it- and realized that it may be true.
Should you? Or shouldn’t you?
Your new product is ready- but, you don’t have enough money to bring it to market. Do you search for angels? venture capital? crowdsource? That last choice is the new one, the one made possible by the Jobs Act (reported here), where you convince folks (typically LOTS of folks) to provide you with a small amount of money (each, but it should be lots in total). Typically, those folks want something in return. There are internet sites that makes crowdsourcing all possible. Kickstarter, Indiegogo, AngelList are three such sites.
Sour Grapes, Low Hanging Fruit, and Fine Wine…
I’ve written about Obamacare often. (Here’s one such article– you can find more searching for Obamacare or PPACA via the search box to the right.) Â So have others. While the original goal of the concept was to improve the health of Americans, it seems that we settled for insuring most Americans and making health care more accessible. Â (A valid goal, but far less lofty.) Â But, there always is the hope that we can reduce the costs of healthcare, too.
Continue reading Sour Grapes, Low Hanging Fruit, and Fine Wine…