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Tuesday, 13 January 2009

Billions of Dollars and Politicians

Posted on 08:14 by Unknown
Here is an interesting email I got forwarded:

How many zeros in a billion?

This is too true to be funny.

The next time you hear a politician use the word 'billion' in a casual manner, think about whether you want the 'politicians' spending YOUR tax money.

A billion is a difficult number to comprehend, but one advertising agency did a good job of putting that figure into some perspective in one of it's releases.

A.  A billion seconds ago it was 1959.

B.  A billion minutes ago Jesus was alive.

C.  A billion hours ago our ancestors were living in the Stone Age.

D.  A billion days ago no-one walked on the earth on two feet.

E.  A billion dollars ago was only 8 hours and 20 minutes, at the rate our government is spending it.

While this thought is still fresh in our brain, let's take a look at New Orleans.  It's amazing what you can learn with some simple division.

Louisiana Senator, Mary Landrieu (D) is presently asking Congress for 250 BILLION DOLLARS to rebuild New Orleans .

Interesting number..  what does it mean?

A.  Well... if you are one of the 484,674 residents of New Orleans (every man, woman, and child) you each get $516,528.

B.  Or... if you have one of the 188,251 homes in New Orleans , your home gets $1,329,787.

C.  Or... if you are a family of four...  your family gets $2,066,012.

Washington, D. C  < HELLO! > Are all your calculators broken??

Accounts Receivable Tax
Building Permit Tax
CDL License Tax
Cigarette Tax
Corporate Income Tax
Dog License Tax
Federal Income Tax
Federal Unemployment Tax (FUTA)
Fishing License Tax
Food License Tax
Fuel Permit Tax
Gasoline Tax
Hunting License Tax
Inheritance Tax
Inventory Tax
IRS Interest Charges (tax on top of tax)
IRS Penalties (tax on top of tax)
Liquor Tax
Luxury Tax
Marriage License Tax
Medicare Tax
Property Tax
Real Estate Tax
Service charge taxes
Social Security Tax
Road Usage Tax (Truckers)
Sales Taxes
Recreational Vehicle Tax
School Tax
State Income Tax
State Unemployment Tax (SUTA)
Telephone Federal Excise Tax
Telephone Federal Universal Servi ce Fee Tax
Telephone Federal, State a nd Local Surcharge Tax
Telephone Minimum Usage Surcharge Tax
Telephone Recurring and Non-recurring Charges Tax
Telephone State and Local Tax
Telephone Usage Charge Tax
Utility Tax
Vehicle License Registration Tax
Vehicle Sales Tax
Watercraft Registration Tax
Well Permit Tax
Workers Compensation Tax

STILL THINK THIS IS FUNNY?

Not one of these taxes existed 100 years ago...

and our nation was the most prosperous in the world.

We had absolutely no national debt...

We had the largest middle class in the world...

and Mom stayed home to raise the kids ..

What happened?

Can you spell 'politicians!'
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Posted in Financial Crisis, Government, Politics | No comments

Tuesday, 6 January 2009

$30,000 Per Month in Affiliate Marketing

Posted on 21:20 by Unknown
I came across a "hot" discussion on Digital Point's "Commission Junction" discussion board.

I found this discussion to be a very good, educational, and inspiring read, because a member with alias "Nabs" talks about how he earns $30,000 a month in affiliate marketing.

He starts by showing an image attachment of a Commission Junction screen showing an average of $30,000 per month. Nabs says that it took him a year and a half to reach that level, and he has maintained it for a year.

He then goes on to answer questions and give advice.

According to Nabs, it takes a lot of work to reach this level - more work than the average worker puts into his 9-5 job (so much for the theory that affiliate marketing is an easy way to get rich quick).

Basically, he first created a lot of high-quality blog and content sites in many niches. These sites are not monetized, and have climbed in the rankings.

Then, Nabs created over 100 niche review/store sites that have affiliate links. He sets these links to nofollow so the search engines do not penalize his sites.

He then links his content sites / blogs with the review sites, and relies mostly on organic search traffic for visitors.

His minimum earnings goal for each new review site he creates is $100 per year, but many of his sites exceed this.
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Posted in internet marketing | No comments

Three Financial Suicides

Posted on 15:59 by Unknown
I recently read about three suicides that were interesting because they had three things in common:

1. These guys were successful financially.

2. They suffered financial losses in the recent meltdown.

3. Instead of sleeping pills at night or carbon monoxide from a car in the garage, these guys killed themselves violently.

Thierry Magon de la Villehuchet, who was a money manager with a French aristocratic background, saw his money fund lose a lot in the Madoff scandal. He killed himself in his New York office by slashing his arms and wrists with a box cutter, and letting himself bleed out into his garbage can.

Here in Chicago, Steven Good, chairman and CEO of the real estate firm Sheldon Good and Co., was found dead in his Jaguar, in a forest preserve, from a single gunshot to the head.

Finally, German billionaire Adolf Merckle threw himself in front of a train. He lost a lot of money from both the global financial crisis and betting wrongly on Volkswagen shares. His body was so mangled, they had to use DNA to identify him.

It is a tragedy that these three people were so wrapped up in success, and failed failure, that they would rather die than be with their families, enjoying the wealth they had left.

I'm no psychologist, but I think the fact that they killed themselves so violently shows that they had self-imposed a lot of shame and self-loathing on themselves.
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Posted in Financial Crisis | No comments

Civet Coffee:Never Underestimate How Much You Can Scam Rich People With "Exotic" Products

Posted on 14:37 by Unknown
Credit default swaps, Madoff's alleged Ponzi scheme, and now Civet Coffee (I wish I could poop expensive coffee beans).

It shows that people are attracted to the "mysterious" and "exclusive" and are willing to spend a lot of money on "elite" things.

I say "Hogwash!" - focus on solid, plain, vanilla quality.

As Da Vinci said, "Simplicity is the ultimate sophistication."

Instead of credit default swaps, focus on stocks.

Instead of Wall Street "wizards" with "magical black boxes", focus on mutual funds or "white box" systems that openly disclose their rules (like my Stock Trading Riches system).

Instead of coffee made from beans pooped in the jungle by civets, get a large cup of Dunkin' Donuts regular coffee.
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Posted in Marketing, Personal Finance | No comments

"See, Santa Also Likes Coke!"

Posted on 10:32 by Unknown
On Sunday, I was at the store with my 3 and a half year old son, and he wanted Coke. He recognizes the brand instantly.

He also recognizes another brand - Santa.

Now I know why it was a stroke of marketing genius for Coke to use Santa at Christmas time.

When I hesitated about buying Coke, my son saw the side of a 12-pack and excitedly said, "See, even Santa likes Coke!"

Talk about your celebrity endorsement!
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Posted in Marketing | No comments

Friday, 2 January 2009

One Day New Year's Resolutions

Posted on 08:04 by Unknown
Live your resolution, one day at a time.
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Posted in Personal Growth | No comments

Changes to Corporate Logos - Due to the Financial Crisis

Posted on 07:52 by Unknown
Several company logos have been updated, to reflect the financial crisis...
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Posted in Humor | No comments
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