OK, That did it. Up till now I hadn't made up my mind about Straus and Paxton for the Texas Speaker of the House. Now I have.
" House Committee on General Investigating and Ethics
1. Review state law in light of the effects of Texas Ethics Commission Advisory
Opinion No. 484 relating to acceptance of benefits provided to officeholders.
Recommend any necessary legislative changes.
2. Review the definition of "political advertising" and determine whether the
definition should be expanded to include content contained in blogs and other
types of Internet communications.
3. Monitor the agencies and programs under the committee's jurisdiction.
"
The above is from page 13 of :
Interim Committee Charges, Texas House of Representatives, 81st Legislature, Presented by Joe Straus, Speaker of the House.
The second item implies that blogs and other Internet communications should be limited. This would be a violation of the 1st amendment of the US Constitution in the extreme. I will now say that anyone that supports Straus over Paxton does so to his/her political detriment.
What ever else, that might be Conservative in nature, that Straus supports is, by this one foul liberal suggestion, eclipsed. There is nothing, now, that anyone can say in his defense.
Those in the state house have the opportunity, now, to support the Republican Caucus which will allow them a secret ballot so they can express their dissatisfaction with Joe Straus without being overly public about it. Those that do not thus express themselves will loose my support.
Jim Isbell
=======================================================
=======================================================
July 3rd 2010 Speech
April 17th 2010 Speech
American Majority
Red State
Blog Mirror of The Free Republic
My Facebook
Monday, November 22, 2010
Weapons Of Mass Destruction Found In Iraq??? Really???
Why are we just hearing about this NOW? Because a left wing idiot didnt realize that he was helping the right with his intentional release of classified documents!!! He was hoping to damage the reputation of the US, but instead revealed information to prove our point.
The article revealing this discovery of weapons of mass destruction in Irag was posted at ice-news.net in the link below.
WMD found in Iraq, yes!
Of course even if they had not been found the war was justified by Irags refusal to cooperate with the UN weapons inspectors. But never mind facts, and dont be swayed by the fact that WMD were found as revealed by this left wing idiot, the left will find a way to spin this to claim that the war was illegal...anyway....
Jim Isbell
=======================================================
=======================================================
July 3rd 2010 Speech
April 17th 2010 Speech
American Majority
Red State
Blog Mirror of The Free Republic
My Facebook
The article revealing this discovery of weapons of mass destruction in Irag was posted at ice-news.net in the link below.
WMD found in Iraq, yes!
Of course even if they had not been found the war was justified by Irags refusal to cooperate with the UN weapons inspectors. But never mind facts, and dont be swayed by the fact that WMD were found as revealed by this left wing idiot, the left will find a way to spin this to claim that the war was illegal...anyway....
Jim Isbell
=======================================================
=======================================================
July 3rd 2010 Speech
April 17th 2010 Speech
American Majority
Red State
Blog Mirror of The Free Republic
My Facebook
Sunday, November 21, 2010
Transparency, RINOs, and Truth
I have previously posted a positive comment on the Lone Star TEA Party Summit so that I am now entitled to post a negative comment. This is the ONLY negative comment I have on this Summit. I will be posting more positives in the future. In general the Summit was an awesome meeting. But this needs to be said.
My representative was attacked as a RINO and as a person that accepted money from gambling PACs and from "The George Soros of Texas".
First to the legitimacy of these attacks:
1) The RINO accusations are strange to me since we in the TEA Party are NOT Republicans so why would we dislike someone that is a "Republican In Name Only"? We support Democrats, Libertarians and any one else that will adhere to our core values of Constitutional Law and Fiscal Conservatism. Yes, my representative was once a Democrat. But so were many others in Texas. When I came to Texas in the mid 50s, there were NO Republicans. You were either a Liberal Democrat or a Dixiecrat (a conservative Democrat). So most Republicans in Texas that are over 50 years of age were either a Democrat first OR a Carpet Bagger from out of state. I think I prefer the former. Yes, my representative was once a Democrat. And the Bible tells us that the Shepard should leave the flock to find the lost sheep. I am glad he is now where he belongs and not still a lost sheep.
2) Taking money from a PAC that supports gambling is neither a crime nor does it violate our TEA Party core values. In fact as I pointed out several times during the Summit, taking money from the opposition seems to make more sense than burning your own constituents money on a campaign. The argument I heard against that was, "Well, now he owes someone something."
One of the people running against the current Speaker of the House spoke at the Summit. He made the point very vividly that "Pledges" were not worth the paper they are not written on. So called "Pledges" are only agreements to support a bill "If it meets my approval in its end form" He made this point several times as an argument to us to call our representatives to change their votes before January.
Now either this is true, and the so called "Pledges" that were perhaps made for campaign support are of little or no value, or its not true.
If it is true than there in no validity to calling someone names for accepting PAC money, or if it is not true, why are you asking me to support someone that campaigns on lies?
Now I have handled the validity of the charges, I will address the reasons for them.
The TEA Party makes a big thing about transparency. We demand it of our opposition. So we should practice it ourselves. This whole attack on the RINOs is not an attack on them because of their previous Democratic associations. It is not an attack on their funding choices. It is in fact, in my opinion, an attack on their failure to come out firmly against Gambling in Texas.
This is easily seen when you see that the PACs that they object to are ALL PACs that are funded by people that own horse tracks or have other gambling interests. "The George Soros of Texas" owns a horse track I am told. So What???
I would hope that those attacking would be transparent in their motives so we could hold a real discussion on the issue, gambling, and not just campaign against personalities. A discussion on gambling pros and cons would be much more productive.
Lets all practice transparency.
And now a final note on this unfortunate undercurrent of the event.
In the US the Christian church's all claim to believe in God the Father, Jesus the Son, and the Holy Spirit. They also claim to believe in the Bible. But they argue over the little stuff, the stuff that wont get you into heaven or keep you out. Things like whether a woman should preach from the pulpit, whether music is allowed in the sanctuary, whether drinking is a sin, and the list goes on. Things that are not CLEARLY defined in the Bible. So there are hundreds of separate "Religions" that, in some cases, wont even speak to each other even though they agree on the core values.
In the TEA Party we dont want to make that mistake. We all have our core values and we all agree on them. So lets not get caught up in trying to tell each other who our preachers should be. I doubt that anyone will argue with me when I say that the Dictator of Argentina should not be telling the American people who they should vote for for president. So lets not start casting stones at my rep lest I begin tossing them back. The people in district xx should not be telling the people in district 32 who they should be supporting. After all they dont know who the alternative was!!
There is an old Texas saying that fits this attempt to tell us in south Texas who we should be voting for, "Now you have stopped preachin' and have started meddlin'".
Jim Isbell
=======================================================
=======================================================
July 3rd 2010 Speech
April 17th 2010 Speech
American Majority
Red State
Blog Mirror of The Free Republic
My Facebook
My representative was attacked as a RINO and as a person that accepted money from gambling PACs and from "The George Soros of Texas".
First to the legitimacy of these attacks:
1) The RINO accusations are strange to me since we in the TEA Party are NOT Republicans so why would we dislike someone that is a "Republican In Name Only"? We support Democrats, Libertarians and any one else that will adhere to our core values of Constitutional Law and Fiscal Conservatism. Yes, my representative was once a Democrat. But so were many others in Texas. When I came to Texas in the mid 50s, there were NO Republicans. You were either a Liberal Democrat or a Dixiecrat (a conservative Democrat). So most Republicans in Texas that are over 50 years of age were either a Democrat first OR a Carpet Bagger from out of state. I think I prefer the former. Yes, my representative was once a Democrat. And the Bible tells us that the Shepard should leave the flock to find the lost sheep. I am glad he is now where he belongs and not still a lost sheep.
2) Taking money from a PAC that supports gambling is neither a crime nor does it violate our TEA Party core values. In fact as I pointed out several times during the Summit, taking money from the opposition seems to make more sense than burning your own constituents money on a campaign. The argument I heard against that was, "Well, now he owes someone something."
One of the people running against the current Speaker of the House spoke at the Summit. He made the point very vividly that "Pledges" were not worth the paper they are not written on. So called "Pledges" are only agreements to support a bill "If it meets my approval in its end form" He made this point several times as an argument to us to call our representatives to change their votes before January.
Now either this is true, and the so called "Pledges" that were perhaps made for campaign support are of little or no value, or its not true.
If it is true than there in no validity to calling someone names for accepting PAC money, or if it is not true, why are you asking me to support someone that campaigns on lies?
Now I have handled the validity of the charges, I will address the reasons for them.
The TEA Party makes a big thing about transparency. We demand it of our opposition. So we should practice it ourselves. This whole attack on the RINOs is not an attack on them because of their previous Democratic associations. It is not an attack on their funding choices. It is in fact, in my opinion, an attack on their failure to come out firmly against Gambling in Texas.
This is easily seen when you see that the PACs that they object to are ALL PACs that are funded by people that own horse tracks or have other gambling interests. "The George Soros of Texas" owns a horse track I am told. So What???
I would hope that those attacking would be transparent in their motives so we could hold a real discussion on the issue, gambling, and not just campaign against personalities. A discussion on gambling pros and cons would be much more productive.
Lets all practice transparency.
And now a final note on this unfortunate undercurrent of the event.
In the US the Christian church's all claim to believe in God the Father, Jesus the Son, and the Holy Spirit. They also claim to believe in the Bible. But they argue over the little stuff, the stuff that wont get you into heaven or keep you out. Things like whether a woman should preach from the pulpit, whether music is allowed in the sanctuary, whether drinking is a sin, and the list goes on. Things that are not CLEARLY defined in the Bible. So there are hundreds of separate "Religions" that, in some cases, wont even speak to each other even though they agree on the core values.
In the TEA Party we dont want to make that mistake. We all have our core values and we all agree on them. So lets not get caught up in trying to tell each other who our preachers should be. I doubt that anyone will argue with me when I say that the Dictator of Argentina should not be telling the American people who they should vote for for president. So lets not start casting stones at my rep lest I begin tossing them back. The people in district xx should not be telling the people in district 32 who they should be supporting. After all they dont know who the alternative was!!
There is an old Texas saying that fits this attempt to tell us in south Texas who we should be voting for, "Now you have stopped preachin' and have started meddlin'".
Jim Isbell
=======================================================
=======================================================
July 3rd 2010 Speech
April 17th 2010 Speech
American Majority
Red State
Blog Mirror of The Free Republic
My Facebook
Saturday, November 20, 2010
United We Stand, Divided We Fall
I have just spent an enjoyable two days at a TEA Party Summit with TEA Party leaders from around the state of Texas.
I had been relaxing a bit after our resounding victory in South Texas where we accomplished a clean sweep of the ticket. Not one loss on the entire ballot. This was not totally unexpected, we were very confident, but to actually accomplish it was exhilarating.
Now I find that after almost two years of hit and miss tactics as we all tried to learn politics from the bottom up with no help from the incumbents we were all very successful with our campaigns, Some more than others, but everyone had some successes and for the most part, more successes than failures. This is exciting information that is hard to get in a grass roots organization with no Top Down structure. The TEA Party has prided itself in the fact that it is a bottom up structure.
But we need to open some lines of communication so we can share our successes and methods to accomplish those successes. We don't need to establish any power structure, just communications lines. This was the goal of this TEA Party Summit.
What was very encouraging to me is that as we all learned by trial and error, we were still able to beat the bastards at their own game. Imagine what it will be like in 2012 when we are all seasoned pros and we have begun to share our information. Our learning curve will head for the roof. The “professional” politicians who have been coasting have never been up against an organization like ours will be morphing into. I dont think they have the capability to morph themselves into a defensive position for two reasons. I am not sure they are smart enough and they are hampered by a belief in the Top Down structure. There is no room for innovation in a top down structure. We are not hampered that way with our structure.
For this reason, we must NOT stop working. We have to work even harder so that we dont slip back. We must share everything we have learned. There were about 50 or a bit more of us at this summit. There should have been more.
I know that some shunned the gathering because of some differences of opinion on what the goals were. But we must remember that while there are some differences locally, our over all goal is to find candidates that will protect the Constitution, especially the 1st, 2nd, and 10th amendments, and recruit fiscally conservative candidates. These two goals are over all. The rest is just fluff.
If we let ourselves get attracted to “Straw Men” that we set up for ourselves, like abortion, gambling, and other, similar goals that are better left to our religious communities, and forget the 1st, 2nd, and 10th amendments to the US Constitution and our fiscal responsibility, we will be lost in wasting energy on the “fluff” and will lose our country to the Progressives. We will defeat ourselves if we fight among ourselves. United we stand, divided we fall. Yes, we must not forget the “fluff” but it does not help us to win a battle if we lose the war. We must win the war first and then go about “fundamentally changing our country.”
Jim Isbell
=======================================================
=======================================================
July 3rd 2010 Speech
April 17th 2010 Speech
American Majority
Red State
Blog Mirror of The Free Republic
My Facebook
I had been relaxing a bit after our resounding victory in South Texas where we accomplished a clean sweep of the ticket. Not one loss on the entire ballot. This was not totally unexpected, we were very confident, but to actually accomplish it was exhilarating.
Now I find that after almost two years of hit and miss tactics as we all tried to learn politics from the bottom up with no help from the incumbents we were all very successful with our campaigns, Some more than others, but everyone had some successes and for the most part, more successes than failures. This is exciting information that is hard to get in a grass roots organization with no Top Down structure. The TEA Party has prided itself in the fact that it is a bottom up structure.
But we need to open some lines of communication so we can share our successes and methods to accomplish those successes. We don't need to establish any power structure, just communications lines. This was the goal of this TEA Party Summit.
What was very encouraging to me is that as we all learned by trial and error, we were still able to beat the bastards at their own game. Imagine what it will be like in 2012 when we are all seasoned pros and we have begun to share our information. Our learning curve will head for the roof. The “professional” politicians who have been coasting have never been up against an organization like ours will be morphing into. I dont think they have the capability to morph themselves into a defensive position for two reasons. I am not sure they are smart enough and they are hampered by a belief in the Top Down structure. There is no room for innovation in a top down structure. We are not hampered that way with our structure.
For this reason, we must NOT stop working. We have to work even harder so that we dont slip back. We must share everything we have learned. There were about 50 or a bit more of us at this summit. There should have been more.
I know that some shunned the gathering because of some differences of opinion on what the goals were. But we must remember that while there are some differences locally, our over all goal is to find candidates that will protect the Constitution, especially the 1st, 2nd, and 10th amendments, and recruit fiscally conservative candidates. These two goals are over all. The rest is just fluff.
If we let ourselves get attracted to “Straw Men” that we set up for ourselves, like abortion, gambling, and other, similar goals that are better left to our religious communities, and forget the 1st, 2nd, and 10th amendments to the US Constitution and our fiscal responsibility, we will be lost in wasting energy on the “fluff” and will lose our country to the Progressives. We will defeat ourselves if we fight among ourselves. United we stand, divided we fall. Yes, we must not forget the “fluff” but it does not help us to win a battle if we lose the war. We must win the war first and then go about “fundamentally changing our country.”
Jim Isbell
=======================================================
=======================================================
July 3rd 2010 Speech
April 17th 2010 Speech
American Majority
Red State
Blog Mirror of The Free Republic
My Facebook
Wednesday, November 17, 2010
Quantitative Easing explained!!!! Finally I understand it.
There is no reason to say anything today. Just watch this video, it is self explanatory. Please, spread it to anyone you know and everyone you know.
Quantatative Easing Explained
Jim Isbell
========================================================
========================================================
July 3rd 2010 Speech
April 17th 2010 Speech
American Majority
Red State
Blog Mirror of The Free Republic
My Facebook
Quantatative Easing Explained
Jim Isbell
========================================================
========================================================
July 3rd 2010 Speech
April 17th 2010 Speech
American Majority
Red State
Blog Mirror of The Free Republic
My Facebook
Tuesday, November 16, 2010
Scuzballs dont penalize Scuzballs
Charlie Rangel is convicted!!
I thought he was a lawyer. I can understand, though, why he feels persecuted and poor. He wasted $2,000,000 on his first lawyer and now he is convicted on 11 of 13 counts because he didn't have any money to hire a lawyer. He wanted a stay to give him more time.
Isnt this the guy that was in a hurry to get this over with as soon as possible? Isnt this the guy that has all sorts of money because he doesnt pay his taxes?
40 years in Congress. This is why we need term limits. These are the scuzballs we need to get out of office. But we also need to make sure if they are convicted of ethics breaches then they dont get a retirement check!
11 out of 13 indictments. Thats a whopping conviction. But he wont have any penalties to speak of. Professional courtesy will protect him from being thrown out. Scuzballs dont penalize scuzballs, its an unwritten code.
I thought he was a lawyer. I can understand, though, why he feels persecuted and poor. He wasted $2,000,000 on his first lawyer and now he is convicted on 11 of 13 counts because he didn't have any money to hire a lawyer. He wanted a stay to give him more time.
Isnt this the guy that was in a hurry to get this over with as soon as possible? Isnt this the guy that has all sorts of money because he doesnt pay his taxes?
40 years in Congress. This is why we need term limits. These are the scuzballs we need to get out of office. But we also need to make sure if they are convicted of ethics breaches then they dont get a retirement check!
11 out of 13 indictments. Thats a whopping conviction. But he wont have any penalties to speak of. Professional courtesy will protect him from being thrown out. Scuzballs dont penalize scuzballs, its an unwritten code.
Sunday, November 14, 2010
Part 4: What Am I Doing About Inflation?
This is the last in a four part series on inflation. It is about retiring on less.
You have probably heard that you must have 70% of your before retirement income to retire and maintain your lifestyle. That is BS put out by the insurance salesman and the securities salesman who are trying to sell you something. The best way to get this information is to ask someone who has retired and done it well. I have.
I had heard all that crap and was a bit worried since I didn't expect to have more than 40% of my before retirement income. And it has turned out that I was right about the 40%. However I am living better now than I was before I retired. But it is all in your interpretation of what "income" is.
First, if you are young, work at getting your house paid for and mortgage free. Many young people just keep upgrading their house and rolling the excess over into the next house. This results in your getting to your retirement with a mortgage still sitting on your shoulder. You will probably find that you WILL need 70% of your before retirement income!! So work on getting rid of the mortgage.
Second, don't go into retirement with a payment on a car due every month. This is the easiest of things to accomplish. In pursuit of this goal, don't ever buy a new car!!! There is no reason to own a new car. I have heard all the excuses for owning a new car, and all of them make no sense. The only reason to own a new car is to "look good". That is a fools mission. If you think driving around in a new car makes you look good, then you ARE, indeed, a fool. You can look good in an older car that you have restored yourself to like new condition. I have always driven Mercedes, Bentleys, Lincolns, etc that I bought for next to nothing and restored as I drove them to work every day. Now talk about looking good........
But there are other reasons that while invalid, many people think are reasonable.
1) "I need to get to work and need a reliable car." That is a myth. A used car can be more reliable than a new one. Usually all the bugs have been worked out and if you maintain the car it will last for 40 years! I have owned over 120 cars in my lifetime and only two were new...and paid for with cash!
2) "I cant maintain my own car so I am at the mercy of the dealer." Bull Sxxt. Anyone can maintain their own car. Both my daughters were taught from an early age how to maintain their cars. If you think that part time, drunk, mechanic down at the garage is smarter than you are, I feel sorry for you. The first time I overhauled a car I was 12 years old and had NO EXPERIENCE OR HELP. No, I am not a genius. Its just that my father told me from the time I could first understand English:
"There is no such word as cant, The word you are looking for is wont. You can put a quart of piss in a pint jar if you want to bad enough." This, from a man that had a third grade education and became the County Surveyor of the biggest county in the united states and when he died the replacement had to have a Masters degree in Civil Engineering.
There is nothing you cannot do if you want to do it! But you cannot do it until you start it. First, open the hood. It gets easier once you have the hood open....#8-)
3) "I dont have any cash and the only one that will make me a loan is a new car dealer." Gosh I wonder why? Its because he is screwing you. If you don't have cash, just ride the bus or a bike until you save $200 a month (thats what your payment will be at the minimum) and have enough to buy a good 10 year old used car. You can move up later as you save all that $200 a month you would have been putting into a loan.
4) Back to the first excuse....if you add up the insurance payment, the gasoline, the tires, batteries, the cost of the car, etc and etc. You will find that you could take a job that paid less and was close enough to walk to so you wouldn't need a car at all. Ok, I know that that might not really be feasible, but you might try adding up the cost of owning even a NEW car with no mechanics costs. And remember, if you are your own mechanic you will have no mechanic costs!!
Third, when you retire you will have a lot of TAX FREE income that you didn't even know you had. You are retired so you have TIME that you can spend as though it were money!
1) every time you mow the lawn you make $100 that is non taxable, non reportable, because before you had to pay someone to do the job because you were working. AND you had to pay taxes on that money before you paid it to him so you actually had to earn $110 in order to pay him $100 !
2) every time you do a repair on your house that a repairman would have charged you $1500 for and you do it for $300 in materials, you just made $1320, TAX FREE, because you did it yourself. If you think you cant do it yourself, refer to my comments on "Can't".
3) every thing that you do yourself can be analyzed that way and so you will soon see you are making more than you ever made working for someone else, and you will like your new boss, yourself. You can take a break whenever you want.
4) Your medical expenses will drop because you are keeping busy and getting exercise.
5) Remember the car thing? Now your car expenses will drop to 1/10th of what they were when you had to drive to and from work every day.
6) Your eating costs will drop precipitously because you wont pay $1.50 for coffee and a donut for your morning coffee break and again for afternoon coffee break and you wont pay $10 for lunch. Instead you will stop the lawn mowing, go in the house make some fresh scones for about 10 cents a piece and a cup of coffee for 10 cents and sit on the porch swing and marvel at how nice your lawn looks.
The list goes on and on. But you see the point. The more you do for yourself the more TAX FREE income you have and the healthier you will be.
Jim Isbell
==================================================
==================================================
You have probably heard that you must have 70% of your before retirement income to retire and maintain your lifestyle. That is BS put out by the insurance salesman and the securities salesman who are trying to sell you something. The best way to get this information is to ask someone who has retired and done it well. I have.
I had heard all that crap and was a bit worried since I didn't expect to have more than 40% of my before retirement income. And it has turned out that I was right about the 40%. However I am living better now than I was before I retired. But it is all in your interpretation of what "income" is.
First, if you are young, work at getting your house paid for and mortgage free. Many young people just keep upgrading their house and rolling the excess over into the next house. This results in your getting to your retirement with a mortgage still sitting on your shoulder. You will probably find that you WILL need 70% of your before retirement income!! So work on getting rid of the mortgage.
Second, don't go into retirement with a payment on a car due every month. This is the easiest of things to accomplish. In pursuit of this goal, don't ever buy a new car!!! There is no reason to own a new car. I have heard all the excuses for owning a new car, and all of them make no sense. The only reason to own a new car is to "look good". That is a fools mission. If you think driving around in a new car makes you look good, then you ARE, indeed, a fool. You can look good in an older car that you have restored yourself to like new condition. I have always driven Mercedes, Bentleys, Lincolns, etc that I bought for next to nothing and restored as I drove them to work every day. Now talk about looking good........
But there are other reasons that while invalid, many people think are reasonable.
1) "I need to get to work and need a reliable car." That is a myth. A used car can be more reliable than a new one. Usually all the bugs have been worked out and if you maintain the car it will last for 40 years! I have owned over 120 cars in my lifetime and only two were new...and paid for with cash!
2) "I cant maintain my own car so I am at the mercy of the dealer." Bull Sxxt. Anyone can maintain their own car. Both my daughters were taught from an early age how to maintain their cars. If you think that part time, drunk, mechanic down at the garage is smarter than you are, I feel sorry for you. The first time I overhauled a car I was 12 years old and had NO EXPERIENCE OR HELP. No, I am not a genius. Its just that my father told me from the time I could first understand English:
"There is no such word as cant, The word you are looking for is wont. You can put a quart of piss in a pint jar if you want to bad enough." This, from a man that had a third grade education and became the County Surveyor of the biggest county in the united states and when he died the replacement had to have a Masters degree in Civil Engineering.
There is nothing you cannot do if you want to do it! But you cannot do it until you start it. First, open the hood. It gets easier once you have the hood open....#8-)
3) "I dont have any cash and the only one that will make me a loan is a new car dealer." Gosh I wonder why? Its because he is screwing you. If you don't have cash, just ride the bus or a bike until you save $200 a month (thats what your payment will be at the minimum) and have enough to buy a good 10 year old used car. You can move up later as you save all that $200 a month you would have been putting into a loan.
4) Back to the first excuse....if you add up the insurance payment, the gasoline, the tires, batteries, the cost of the car, etc and etc. You will find that you could take a job that paid less and was close enough to walk to so you wouldn't need a car at all. Ok, I know that that might not really be feasible, but you might try adding up the cost of owning even a NEW car with no mechanics costs. And remember, if you are your own mechanic you will have no mechanic costs!!
Third, when you retire you will have a lot of TAX FREE income that you didn't even know you had. You are retired so you have TIME that you can spend as though it were money!
1) every time you mow the lawn you make $100 that is non taxable, non reportable, because before you had to pay someone to do the job because you were working. AND you had to pay taxes on that money before you paid it to him so you actually had to earn $110 in order to pay him $100 !
2) every time you do a repair on your house that a repairman would have charged you $1500 for and you do it for $300 in materials, you just made $1320, TAX FREE, because you did it yourself. If you think you cant do it yourself, refer to my comments on "Can't".
3) every thing that you do yourself can be analyzed that way and so you will soon see you are making more than you ever made working for someone else, and you will like your new boss, yourself. You can take a break whenever you want.
4) Your medical expenses will drop because you are keeping busy and getting exercise.
5) Remember the car thing? Now your car expenses will drop to 1/10th of what they were when you had to drive to and from work every day.
6) Your eating costs will drop precipitously because you wont pay $1.50 for coffee and a donut for your morning coffee break and again for afternoon coffee break and you wont pay $10 for lunch. Instead you will stop the lawn mowing, go in the house make some fresh scones for about 10 cents a piece and a cup of coffee for 10 cents and sit on the porch swing and marvel at how nice your lawn looks.
The list goes on and on. But you see the point. The more you do for yourself the more TAX FREE income you have and the healthier you will be.
Jim Isbell
==================================================
==================================================
Subscribe to:
Posts (Atom)