What Congressmen Do

I think this meme I made explains it pretty well.


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Historical Analysis of the OT and NT?

So I’ve been looking at history books and comparing events from the Bible and there are some clues on dates and events. Finally, after a few years, I’ve decided to write them down instead of having to check the same things over and over again. Starting with the OT and the beginning(the creation), I will to write my thoughts on how biblical accounts relate to historical events.

Gensis 1: God creates the world in 7 days complete with land, seas, air, animals, and humans.

History: Pre-history is always a bit sketchy and from scientific data, the sun formed from stardust and the planets formed from whatever was left over. Earth had a collision with another Mar-sized body which re-formed the core and also formed the moon from the debris. The age for the Earth is around 4.6 billion years with signs of life appearing around 4 billion years ago. However, the formation of the Universe(or as a part of the multi-verse), is still not well explained. In theory the Universe just appeared out of nowhere sometime between 12-15 billion years ago in a single instant, all the matter in the Universe just appeared out of nowhere. There are many different theories to explain this, but none of them have really satisfied me. After looking at it for many years, I decided several years ago that to believe in the divine was just as reasonable, if not more reasonable, that believing in one of those theories. There are also too many things in the Universe, both known and unknown that will never be able to be explained by science and for that, the only answer is to look to the divine.
Also, Moses wrote the first chapters of the bible and the bible has to be able to be understood through all generations. Explaining to ancient people about the Big Bang and the creation of the solar system as well as genetics would have been far beyond the scope of understanding for people in those days. My personal belief has always been that God instructed Moses to write down the story of creation as an allegory of what he really did. The successive creation of animals was actually the mystery of what we call “evolution” that humans were bound to discover later. For me personally, the Bible, up to the point of perhaps Abraham, was allegorical instead of literal.

Genesis 6: The flood sent by God in the time of Noah destroyed all life on earth except for what was on the Ark.

History: The flood is hard to explain from a historical context because it is still in pre-historical times but if you read ancient history and paleontology there are a few things that it might historically relate to. There have been several mass extinctions in the history of the earth. The last of five great extinctions since multi-celled organisms evolved was the K-T extinction that killed off the dinosaurs. Although, not the greatest of the extinctions in earth’s history, this one did kill off roughly 70% of all living species. The next two that come close are the Eocene Maxima and the end of the last Ice Age. However, neither of those events killed off enough species to be considered a “mass extinction”. Also rampant flooding was not the primary cause of any of these extinctions and every one of them, except the end of the last ice age, far predates humans arriving on earth. Therefore we have to look for a much more recent explanation. There was an epic flood around 5000-6000 years ago around the area of the fertile crescent. This area was used to seeing floods, but this one was far worse than all the others. Many died in an event that happened at this magnitude perhaps once every millenia, if not less often. Other ancient manuscripts and tales such as the tale of Gilgamesh(written perhaps as early as 2000BC, around the time of perhaps Isaac in biblical terms) also speak of a great flood that caused much dying in the region. However, unlike the Bible, it was a global event, not a local event and instead of the mountains of Ararat, Sumerian tales seem to put the final destination of any floating survivors to the Sea(its either the Caspian or the Mediterranean, I forgot which one). However, not everyone in the region died, although it may have seemed like to to anyone floating on a raft in the middle of the waters.

However, even this flood does not seem big enough to warrant a story of the magnitude of Noah’s flood. There is another flood farther back in time that was even bigger in scale. That Flood did indeed kill everything within the immediate vicinity of it and to observers in that particular valley, would have certainly looked like the heavens pouring out its watery wrath.
This flood occurred in the black sea between 7,500 years ago and 10,000 years ago when the Bosporus Straight burst and the Mediterranean Sea poured its waters into a large Freshwater Lake and effectively turned it into the Black Sea within a short period of time. There was no escaping this flood, unless of course, you happen to be on a large Arc at this time. Both geographically and magnitude wise, this flood makes sense in explanation the biblical flood. Although it was local and not global, to all witnesses in the valley at the time, it would have seemed global.

As I have stated that most of the bible up to the point of Abraham to be is God’s allegorical and not Literal explanation to Moses of what happened, these theories are my starting points of my reconciliation of the Bible with Historical records.

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Republicans finally showing come discontent(IE: Common Sense) with not ever raising taxes

It might seem that its a miracle, and in some ways I think it is a miracle because republicans in congress have failed to show any kind of common sense when it comes to budget policy lately. Their mantra of lowering taxes only has not been working for the last — 30 years. Lowering taxes does not reduce the deficit at all, unless that revenue is made up somewhere else. The other solution of course is to cut spending, but there is no way we could cut spending by more than a trillion per year regardless of how hard we try. We have too many expenses in military and Social Security/Medicare programs to really ever offset the balance by cutting. The argument that lowering tax rates creates jobs and stimulates the economy has really no basis either as businesses many times just hold onto the money instead of investing it in jobs. Now, some of them are finally beginning to see the light as some of them are actually starting to back off on their rigid “lets cut tax rates whenever we can” policy. Some republicans are actually doing the sensible thing of suggesting that we use the money gained from closing loopholes to balance the budget instead of using that money to generate even more tax cuts for the wealthy. Closing these loopholes will hurt many middle-class Americans as well in regards to the pocketbook as many of them take advantage of some of those loopholes. Meanwhile the republican proposition of cutting the top rate from 35% to 28% is sure to mainly help the super-rich. Perhaps the top 1% of American can’t buy every policy they want with campaign donations. A step in the right direction at least.

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The top 1% should show their pride

To be the top 1% is to be privileged and as so, those in the top 1% should show their pride. Just like how honor cord students wear cords to distinguish themselves during their graduation, the top 1% should wear this tee-shirt at all times to show people that they are the top 1%.

top 1% tee-shirt

They should wear this and then have their own charge within the OWS protests to show that they are the top 1%. The results would be most interesting.

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Why its hard to marry rich

Not sure where this originally came from but:

A young and pretty lady posted this on a popular forum:

Title: What should I do to marry a rich guy?

I’m going to be honest of what I’m going to say here. I’m 25 this year. I’m very pretty, have style and good taste. I wish to marry a guy with $500k annual salary or above.

You might say that I’m greedy, but an annual salary of $1M is considered only as middle class in New York.

My requirement is not high. Is there anyone in this forum who has an income of $500k annual salary? Are you all married?

I wanted to ask: what should I do to marry rich persons like you?

Among those I’ve dated, the richest is $250k annual income, and it seems that this is my upper limit.

If someone is going to move into high cost residential area on the west of New York City Garden(?), $250k annual income is not enough.

I’m here humbly to ask a few questions:

1) Where do most rich bachelors hang out? (Please list down the names and addresses of bars, restaurant, gym)

2) Which age group should I target?

3) Why most wives of the riches are only average-looking? I’ve met a few girls who don’t have looks and are not interesting, but they are able to marry rich guys.

4) How do you decide who can be your wife, and who can only be your girlfriend? (my target now is to get married)

Ms. Pretty

A philosophical reply from CEO of J.P. Morgan:

Dear Ms. Pretty,

I have read your post with great interest. Guess there are lots of girls out there who have similar questions like yours. Please allow me to analyse your situation as a professional investor.

My annual income is more than $500k, which meets your requirement, so I hope everyone believes that I’m not wasting time here.

From the standpoint of a business person, it is a bad decision to marry you. The answer is very simple, so let me explain.

Put the details aside, what you’re trying to do is an exchange of “beauty” and “money” : Person A provides beauty, and Person B pays for it, fair and square.

However, there’s a deadly problem here, your beauty will fade, but my money will not be gone without any good reason. The fact is, my income might increase from year to year, but you can’t be prettier year after year.

Hence from the viewpoint of economics, I am an appreciation asset, and you are a depreciation asset. It’s not just normal depreciation, but exponential depreciation. If that is your only asset, your value will be much worse 10 years later.

By the terms we use in Wall Street, every trading has a position, dating with you is also a “trading position”.

If the trade value dropped we will sell it and it is not a good idea to keep it for long term – same goes with the marriage that you wanted. It might be cruel to say this, but in order to make a wiser decision any assets with great depreciation value will be sold or “leased”.

Anyone with over $500k annual income is not a fool; we would only date you, but will not marry you. I would advice that you forget looking for any clues to marry a rich guy. And by the way, you could make yourself to become a rich person with $500k annual income.This has better chance than finding a rich fool.

Hope this reply helps. If you are interested in “leasing” services, do contact me.


J.P. Morgan CEO

Great read.

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Heading towards a winner take all society

With the announcement that states are cutting permanent workers for contract ones, it seems that one of the few bastions of well-paying jobs is quickly drying up. States are replacing well-payed workers with benefits and pension with $10/hr contract workers without pensions or benefits thus shaving millions of dollars off the bill. Of course $10/hr is like $20k a year full-time, hardly enough to pay the bills in most places. Once again, in order to keep the tax cuts and benefits of the top 1%, costs have to be cut for the bottom 50%, making America even more of a winner-take-all society. I expect the top the wealth of the top 1% to be 50% or more soon and it only climbs from there. In the years of prosperity, I expect them to horde all the profits and in the lean years, I expect them to push for cuts from entitlements that mainly help the poorer Americans. We are quickly turning into a plutocracy in this country which leaves you with 2 choices:

1. Protest, occupy stuff, and perhaps start a revolution.

2. Win

I suggest people try option 2 first. If you really care about social injustice, take option 2 and then fund people who are doing option 1. Option 1 people are not going to achieve much without option 2 people to support them.

And this just in: Herman Cain is a total boss


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Average Salaries(2009) across majors

All New College Graduates –$49,307
Computer Science Field — $59,418
Engineering Fields — $59,254
Business Fields — $47,239
Liberal Arts Fields — $36,175
Chemical Engineering — $64,902
Computer Engineering — $61,738
Computer Science — $61,407
Electrical Engineering — $60,125
Information Sciences & Systems — $52,089
Civil Engineering — $52,048
Finance — $49,940
Economics — $49,829
Accounting — $48,993
Business Administration — $44,944
Marketing — $43,325
History — $37,861
English — $34,704
Psychology — $34,284
Sociology — $33,280

Data is from 2009 (http://www.naceweb.org/home.aspx)

Now about 70-80% of our college graduate major is some form of Liberal Art or other and most of the job growth in the coming decade or two will be in either health care or high-tech. Is there a huge disparity between the skills that young people are getting in college these days and those actually needed in the real world?

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Outsourcing – why incentives don’t work to bring jobs back

Many people favor tariffs or incentives for American businesses to hire within the United States. However, no matter what we do, we don’t seem to be getting any more jobs. There’s a simple reason why: the difference in wages is just too great between countries. Lets take a look at some examples from me hiring people across borders. Minimum wage in the United States is $7.25 per hour or about $15,000 per year or $1.25k per month. For most of the stuff I hire for like writing, submitting, SEO work, it would require some knowledge and skills so I would have to go to around $12-$18 per hour for such work in the states. That equals $24,000 per year or $2,000 per month. At that rate, I could hardly make any profit on my business. However, lets look at what I can do hiring across borders(fortunately, my business is all online so there are no additional costs for hiring across borders or worldwide). I recently hired a guy in Bolivia to do some work. I was told that average wages per month was around $175 per month. If you reduce that into an 8-hour day that is roughly $1 per hour. To make my offer more attractive, I usually pay in the range of $2.50 per hour or a whopping 250% of their regular salary. Given that chance, people are glad to work for me. The salary seems good to them but it is about 20% or less than what I would have paid here. I also hired a “virtual assistant” or full-time helper with my marketing work at $300/month or in terms of a 40-hour workweek, $1.8/hr. He does pretty good work and is almost the same as if I hired a person here to do the same thing. These people are hard workers and they give me a progress report every week of the work they’ve done so I can keep them accountable for their work.

With these wage differences, it doesn’t matter what taxes or tariffs you slap on foreign products, you simply cannot make it so that the cost of production or outsourcing outweighs the benefits. So there’s really no help with the bleeding of jobs until the rest of the world catches up. Good for employers, bad for people looking fora job. Good for people in foreign countries who are now making $2 an hour instead of $1 an hour.

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Wouldn’t this hurt

So a smuggler was caught with Hummingbird heads with beaks in his pants. Now, wouldn’t this hurt? I mean, those beaks are small and sharp, could cause some bleeds in unmentionable areas. Not something people should be trying, especially guys.

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Economic inequality and social-economic class structure

Just the other day, I read an article that stated that Just 400 Americans have more than half of all Americans combined, which got me to thinking about the growing economic inequality in this country. Now, before we draw any results, let me say that a lot of Americans(probably 15-20%) don’t own anything at all so a million nothings is still nothing. But it still is amazing that just 400 individuals own more than the bottom 150 million Americans combined. Of course, not all 150 million of those are working-age adults so really the top 400 own more than the bottom 75 million working adults(or somewhere around that number). The ratio is then 1:187500, one of the highest in all developed countries. Now lets do a breakdown of social structure:

The median household income in the United States is about $50,000 and I live in a fairly average area(Madison, Wisconsin) so here’s my take on social-economic breakdown:

<$25,0000 = Lower Class — At this point you are just struggling to make it if you are a single person and not quite making it if you are supporting a family. You are living paycheck to paycheck and are constantly worried about personal or family finances

$25,000 – $35,000 = Lower Middle Class — A bit better off especially if you are single. You now have some money to spend and save and if you are financially responsible and not a spendthrift, you can save a little for retirement. If you are trying to support a family on this much, you are still pretty hard pressed but are making it through.

$35,000 – $115,000 = Middle Class — This is where most people fall and they tend to stay there for the rest of their life. Your average white-collar worker falls into this category. You are not completely well-off but aren’t really struggling either(maybe when your kids are in college you are). This income range is pretty wide so being at the bottom of this bracket is pretty different from being at the top.

$115,000 – $300,000 = Upper Middle Class — If you reach this point, your are doing pretty well in life. White collar workers towards the end of their careers sometimes wind up here. Dual income families end up here also. This is also where doctors, lawyers, and other professional degrees tend to fall. You have enough to live a pretty comfortable life and save for retirement. You can also take some vacations every year.

$300,000+ = Upper Class — You are in the top 1% of all Americans. You are THE MAN(or woman). To get up here you generally have to be in upper management, a successful business owner, a successful investor, won the lottery, or are a sports or entertainment star. You can buy most things you want, save a lot for retirement as well as just accumulating a huge sum of cash. You have won life(in a financial sense). You are one of the select few, not very many ever make it here.

There’s my breakdown. Now, the top 1% controls nearly half the wealth in America, which is pretty uneven. However, people keep voting for policies that favor this group because they want to someday be part of this group, even though hardly anyone ever makes it there.

Now since I’m a religious person, this brings me to a passage in Acts, specifically Acts 2:42-47 where it says that all the members of the believing community gave all they had to the apostles and each took what he/she needed. This system worked really well as everyone was cared for and all were treated as equals. I know this sounds like communism but it wasn’t because no one was forced. Private property was not abolished and people still have private homes. A voluntary community like this could work well but of course since people are greedy, it would never work on a large scale as has been proven many times throughout history. You’d have a have a very close-knit group for this to work. Any attempts for government to force this on people has always failed miserably as well because people just don’t like to play along with this idea. Even though I think its a great system where everyone is taken care of, I’m not sure I could swallow my own ambitions and vote for such a system if it came up on the ballot because well, I do better than the median so this really doesn’t benefit me in any way. Oh, we humans are interesting creatures.

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