Fun financial times

Do you ever wish that you understood more? I sure do. I guess that it is a part of growing up but I have started to realize that I really don’t know a whole lot about much. I do know a little about quite a bit of things but I don’t really have a specialty. I’m not sure if I think it is better to be like this or if it would be nicer to have one specific thing I was good at. I guess I will never really know, but I should be happy with what I have.

Something that I have grown partial to studying is Financial things, be it learning more about how the stock market works, what causes fluctuations in the market, why stock prices rise and fall, or any number of things like that.  In this twisted economy I guess these are good things to know.

Speaking of financial things I had a finance teacher today named Robert Haney Scott who made a solid point about stimulus packages (which I don’t really like the idea of) today in class. . He explained the stimulus packages differently to me than they had ever been explained to me before, he pointed out the reason for their being a stimulus package is to increase spending in our economy (which is obvious). But where does this money come from? It comes from taxes, which come from taxpayers. Which only limits the amount of money that those taxpayers would be able to spend.  So if anything, these stimulus packages are pulling money out of the economy by having to fuel the government to disburse the package itself. Does this make sense? I’ll rephrase that:

In order to create a stimulus package the government must increase taxes and take away from the taxpayer to spend money that the taxpayer would have spent anyways.

So anyways, this sounds like a waste of money to me. That is how I feel about this new 900B dollar stimulus package that Our President wants to release and about the ridiculously large stimulus package that the Bush administration released last year.

Oh, and just so I go on the record saying it, I don’t think we should be bailing anybody out of anything. Bad management of firms got these companies in to huge financial trouble and these firms should be forced to dissolve. That is how capitalism works. The strong and smart survive while the weak and bad decision making die. I understand that this type of action (or lack there of) would cause this recession to last longer, but it would make sure that all of those firms that made bad decisions are not around to see another strong economy and make bad decisions to tear down our economy again.

Good Night and Good Luck!

With Love,

Zach Bay

My life as of late

Wow, quite a bit has changed since the last time you have heard from me. It has almost been 3 months. First of all, I have moved to Egypt to pursue my life long dream of living in a pyramid. Also, I have started to tame a small chimpanzee to be my life long friend who will accompany me into the dark rainforests of Brazil and trek the high plains of Nigeria with me. His name is Stan the Chimp and he is a classical pianist. His favorite bands include the Mars Volta and George Thorogood. You will find out more about him in the future…

Now onto my second life that I live vicariously through a robot that looks, acts, and feels on my behalf.

Everything is freaking wonderful here. As some of you may know, I am now dating my long time friend Pattie Peterson, she is wonderful. As you may have guessed this has made my last couple of weeks pretty crazy. I have been trying to get down to Sacramento as much as possible to see her while juggling work and my internship. Because the universe loves me, it decided to start school today only to make my life that much more fun. So as of now my life consists of going to school for 18 units of upper-division core classes, working 24-30 hours a week at the Lobster, spending at least 15 hours a weeks working at my internship and spending as much time as possible with a beautiful girl who lives 81.2 miles away from me.

But this will only be my life for another 5 months, in 5 months I will be the first Bay to have graduated college and I will have a whole new chapter awaiting me. I will be done with 17 years of schooling that has attempted to prepare me for the dog eat dog world out there. I just hope that it has.

Speaking of the dog eat dog world that is waiting for me, I have come to notice that I am much more friendly than many of the worlds other people. I smile and compliment people on things, hold doors and say hello. From what I see, they scowl and criticize. From what it looks like there are a lot of people who are quite miserable.  Nobody smiles, nobody holds doors and people just look at you funny when you say hello. What in the heck is their problem? Ehh, screw em. Im going to keep smiling and holding doors until somebody says thank you, I think it is really important to do those little things. Enough with that rant.

Well I think that is all tonight. I hope  you have a wonderful day and an even better tomorrow.

Love,

Zach Bay