Posted On: Monday - April 27th 2020 10:42AM MST
In Topics:   Economics  The Future  Socialism/Communism
"Uggh. Another post on taxes and shit!". The Peak Stupidity reader may think that some of these recent posts are here just to keep us from ranting about this Kung Flu Infotainment Panic Fest twice a day, on the 11's. Or, he may figure that it's just a fixation that one must put up with, such as with the posts about golf course architecture or Hollywood people out of one of my favorite bloggers, Steve Sailer. Well, you gotta think, hey, I'm not paying for this, and I didn't have to read, so what's the problem?
Exactly! However, this financial/economic stuff is NOT unrelated to this Kung Flu, when it comes down to it. High-powered Socialism is coming, with a vengeance! As we've noted in , this Panic-Fest we are trying to come out of has been taken full advantage of, and, if not fully planned*, being continuously egged on. I will have another post shortly on the large amounts of future-taxpayers' money being doled out in unemployment, which I think will hook a big mass of formerly working-class Americans on Uncle Sugar, like crack whore's hooked on, well, crack.
No, this one is about a note in the bill from the power company. (I hope the reader can make it out, as I need to keep the images small horizontally.). This seems like an innocuous nice gesture by this Big-Biz outfit at first glance. Sure, no late fees, we know you're stressed out financially. No, we won't turn off the power if you get way behind either. Wow, now that is mighty white of you!
If that were all it were to end up to, no, I'm not bent out of shape about my having probably paid a late fee or two back in the day (especially when I was helping renters save 80 bucks by keeping the bill in my name) while now people get a break. If you put a hold on disconnects, though, that sure is encouragement for a lot of damn people. When you incentivize something, you will get more of it. How far will they let this no-cost debt go?
A commenter on unz, along with a friend this morning, have both told me not to worry, saying that customers of the power company will have to catch up, and the latter saying that there are plenty of people who end paying the penalties and interest later, as they just plain live like this. I don't know. Will the power company get part of the $2,000,000,000,000 - [the ionosphere] bailout, and then use a chunk of that to bail out those poor 8-month behind electricity customers? I think that is highly likely. It's not something I'd bet on, but it's just that, in a Socialist economy, where it's not about the work one does, but how you play the system, there's a damn good chance of that. Let's put it that way.
I'm really getting sick of getting screwed as someone trying to be responsible with finances. I think I'd be a lot sicker were I to have scrimped in college to avoid having mortgage-sized loans, as the other kids partied hardy (or is that "party hardied"?), once student loan forgiveness gets implemented.** It's only due to college being MUCH more reasonable when I went that I am not sick like a Kung Flu victim over this.
Over the last 10 years or more, since finances have been stable for me, I have been paying these bills 4 or 5 at a time, ahead. Yes, being a luddite or privacy freak, depending on how you see it, I don't want the money coming out of my bank account, so I've been sending checks. My method saves 50 ¢ on a stamp and about the same on a check (yes, talk about inflation - that's what they work out to be. Is ink some rare commodity?) It's my 5 minutes of time to take care of this that save, well, yeah, at least 50 ¢, I hope!
I'd gotten the check out and put the stamp on the envelope, before I read that note above. I was committed, but not to the amount. I wrote it for a smaller amount than planned. I regret writing it at all, but it's not my nature to just stiff the power company unless I have an argument with them (that leverage thing). Next month, I dunno. Why not just get behind like everyone else? If they start trying to collect, I've got the money and I'll send it in. If they are going to bail out the deadbeats, well, that's a good time to be a deadbeat. The term in use today, at least on Peak Stupidity is "Moral Hazard".
I'm only concerned about this, what might seem a piddly thing, because these moral hazards will keep coming at us. Only the irresponsible come out ahead.
* I don't give the left that much credit. "Fully planned" does not compute, when one is trying to analyze those retards.
** I think it is a question of "when", not "if", as this $1,600,000,000,000, with 15% or something in serious default, CAN'T be paid.