Showing posts with label spending. Show all posts
Showing posts with label spending. Show all posts

Monday, December 2, 2024

If only the Buddha taught about money

The Buddha did teach about money, how to manage and grow it, in the Sigalovada Sutta below.
Temu.com has this cute wall decoration for my home decor (Emotional Pain Chart)
.
How much haul of merchandise piles up.
It all started on Brown Friday, calling the plumber the day after Thanksgiving because, well, Americans consume a lot.

That was the first bill. Then began Black Friday wargames at the mall. Who knows what moves me. It's not emotions.

Today is Cyber Monday, so it's time to order what I really wanted but didn't find elbowing people in person. I can track it down and order online. Delivery guys in shorts need the work. It's alright.

Do marketers use our emotions to sell us on things, claiming we sell ourselves with their help?

Tomorrow is Giving Tuesday, when I allay my guilt at overspending and running up credit card charges (personal debt) I can't afford by spending more on giving money away. I call it philanthropy, charity...snacking. Dieting makes me crazy. I gave at the office, my home office, when I was trying to order shoes.


If only the Buddha taught about money

How our gold is chipped away
In the most important sutra for lay Buddhists, the Sigalovada Sutta (DN 31) or compiled "Advice for Householders Discourse," he does just that. He is giving advice to young Sigala on the best way to live.

The Buddha advises how to use money to become safe and rich. In a simple formula, one's money should be divided in four and spent to make more money, ensuring the future: Gather riches like bees who work pick up pollen. Riches grow like a termite hill suddenly piling up. Gathering wealth in this way, a householder has enough for family and holds on to friends. That wealth is divided into four equal parts:
  1. The first portion is to enjoy here and now.
  2. The second is used to pay off debts.
  3. The third is used to purchase inventory.
  4. The fourth is set aside as savings for times of trouble.
  • Did the Buddha really care about money? As Prince Siddhartha, he was born rich and influential because his homeland, Kapilavastu (at the foothills of the Himalayas in a part of the range known as the Hindu Kush, Afghanistan not Nepal), was on the Silk Route. Many rich and powerful kings befriended him. His greatest lay-devotee was known as the millionaire (Anathapindika, Sudatta the Banker, his foremost male patron and supporter), who was worth so much money that he was a kind of Mansa Musa. The Buddha also had the great Ven. Sivali, foremost in receiving alms due to his previous store of skillful karma of giving dana. So money (gold, silver, cattle, fields, servants, property) was no object, and the Buddha had no love or need of it, having renounced all such worldly things, but his supporters loved it. So he taught them about making merit (punya) so they would always have all they needed.
Avoid wasting money
Well, I'm not really wasting money. I'm actually saving more the more I buy. The ad says so.
.
[A penny earned is a penny saved seems to mean that we make as much money by not spending money as by earning it. Save up. How?] One is advised to avoid the Six Drains on Wealth.

“What six drains on wealth does one avoid? (“Drains on wealth” is apāyamukha, literally “openings for departure.”) This is emphasized since a good person wants as an heir to be a proper steward and not squander away the family fortune.

According to the Buddha, habitually engaging in the following things is a drain on wealth:
  1. consuming intoxicants like alcohol (beer, wine, liquor);
  2. roaming the streets at night;
  3. frequenting parties and festivals;
  4. gambling;
  5. bad friends (companions);
  6. laziness.
Alcohol?

The most common phrase in Pali for alcoholic beverages lists three items. Surā is brewed from grains and yeast (Bu Pc 51:2.1.2), meraya is made from sugars, fruits, or flowers (Bu Pc 51:2.1.4), and madya is a catchall term. Together they correspond with a modern classification of the potent drinks “beer, wine, and liquor.” See also Manu 11.94, Arthaśāstra 2.25, Suśrutasaṁhitā 1.45, Amarakośodghāṭana 3.6.

There are six drawbacks of drinking alcohol. Habitually tossing back beer, sipping wine, or guzzling liquors that cause intoxication causes problems like: (1) loss of wealth, (2) quarrels, (3) illness, (4) disrepute, (5) indecent exposure, (6) and weakened wisdom (liquid ignorance). More

Friday, November 29, 2024

Capitalism: Black Friday Poopy Brown




I can prescribe you toxic pharmaceutical Gila
monster
 venom, poison we call a GLP-1 drug
It's interesting, isn't it, how our English words "waste" and "waist" are homonyms? What goes on our waistline butt our excess? Why do we have so much excess that we have to carry it around like baggage? Could it be systemic? That is to say, could it be because of a system working upon us rather than the way we are told to think of it, which is just personally problematic? For instance, what does "mortgage" mean? You know that thing that will get you a house? It literally means "death pledge," because we make a "pledge" (gage) to keep paying until we die (mort as in mortician). There goes our whole life.
There is a rebellious punk rock song by Deadly Reign promoted by the Dead Kennedys' Alternative Tentacles Records (a subsidiary of Jello Biafra, Unincorporated) that has the refrain, "Systems suck, system's f*ck*ed, systems suck, okay?" (from Not So Quiet on the Western Front). And the DKs have a song called "Life Sentence" about the way we've mortgaged our lives away.

Wednesday, January 31, 2024

Lies pushed US into Ukraine War (TJDS)

Jim, Mike, Alex Jones (TJDS), 1/31/24; Pfc. Sandoval, Ashley Wells (eds.), Wisdom Quarterly

Was Russia once a part of Ukraine, or has Ukraine always been the heart of Russia?

Ukraine is part of Russia and was once an integral part of the USSR...until NATO

Corrupt, CIA propped Zelenskyy
“I predicted the Ukraine War!” Alex Jones and Jimmy Dore take apart the myth of the Ukraine War, revealing the truth of a peace agreement that was ignored, Russian Pres. Vladimir Putin being provoked and pushed by the CIA and NATO until there was no choice but fighting back against a U.S. proxy war against Russia. Ukraine is a pawn of NATO, dividing up Europe and trying to land a U.S. military base at Russia's doorstep, the way Russia once tried to set up a base in Cuba. The U.S. military wouldn't stand for it, but we expected Pres. Putin to? The U.S. aligned with literal Nazis in Ukraine, which everyone knew about until the war started. Then suddenly it was a big surprise that Nazis (which Russians hate from the last world war) were operating in the government and various provinces of Ukraine. "But that can't be," propagandists insisted, "because Ukraine's president is a Jew." This was like saying, "The U.S. can't be racist, because past President Obama was Black."


I'm a ghost of my former self. - Is that right, Jon?
Professional comedian, genius, and impressionist Mike MacRae (mikemacrae.com) calls in to talk to Jimmy Dore. Jon Stewart is coming back to The Daily Show. Did he leave? Where's Trevor Noah now? Is there still a Daily Show? It's a mess.

He's no me, but he did call out Covid-19 once.
Ukraine-sellout pinning awards at Disneyland, Stewart is in a jam, having sold out and been compromised by the makers of war and vaccines. He has to mind his P's and Q's from now on, now that he's a shell of his former self. He had great writers, researchers, and technique with comedic delivery -- but he's a big zero who doesn't dare challenge the Establishment at all. So they let him back in the mainstream media.

Saturday, December 9, 2023

100 years of school lunches: Life in USA

Ashley Wells, CC Liu (eds.), Wisdom Quarterly

Eating 100 years of American school lunches
(Stokes Twins) Nov. 17, 2023: The Stokes ate 100 years of American school lunches by time traveling to every decade to see and taste what was served in school cafeterias at the time. Watch until the end to see what food was banned from all school lunches.

Subscribe to be in one of the twins' videos! Kat Hixson @kat_hixson Stalk on Instagram for more content. Alan's Instagram: alanstokes, Alex's Instagram: alexstokes

Thursday, November 30, 2023

How to PROFIT from US WARS: invest

Jake Tran, 1/2/20; Scott Ritter; I. Rony, Ashley Wells, Pfc. Sandoval (eds.), Wisdom Quarterly
First kill animals, drink their blood (cooked as au jus) then kill humans and profit.
The State of "Israel" already has a homeland, and it's called the Jewish Autonomous Oblast or JAO. Anyone can look it up and move there.

The viciously profitable BUSINESS of war
(Jake Tran) 😈 There’s something special about war. Over the past 3,400 years of human history, we’ve spent only 268 years in peace.

Milk war for money.
But the business of war goes much further back than that, with the first one ever recorded in 2,700 BCE in Mesopotamia. This makes the industry of war have a longer track record than the information industry, education, and banking combined.

HOW? Confessions of an Economic Hit Man
War is the ultimate discipline of any government. War is to government what life and death is to humans. If nations can meet the challenge of war, they’ll survive. If it can’t, they’ll perish. War can also be looked at as a racket.

If you can help governments in their primal act of survival to remain in power by offering raw materials, weapons, soldiers, services to soldiers, you’re going to be the government’s best friend.

Normal business profit margins are around 10%, give or take. But war-time profits? We’re talking 20%, 60%, 100%, 300%, 800%, the sky is the limit! DuPont for example during WWI, during the war-time years, their profits increased by more than 950%!

Or take the Central Leather Company at that time, in the three years before the war, profits were around $3.5m. In 1916? $15m. During the Iraq War, often called the most privatized war in history.

Don't start having second thoughts now, Bibi. When you sell your soul, you have to ask the Satan to guide you. - No, Joe, I was just thinking how we could kill ALL of them AND keep me out of jail.

The CIA works for corporate profits, not for US.
KBR, the main logistics supplier contractor for the US, we’re talking food, facilities, and so on, got a whopping $39.5 billion in Iraq-related contracts KBR’s parent company, Halliburton’s CEO was paid $42.6m in 2004 CACI’s CEO made a fairly decent $22.2m in 2004 TITAN? He takes the crown with a $47.2m income in 2004 and 2005.


If we look throughout history -- funding and supplying the enemy is all in a day's work as a war profiteer in the war industry: Customers are all the governments of the world.


It's you and me against China, Dolly. - O.K.
You can’t make war-time profits...if there isn’t a war. The general public usually never wants to go to war. Now is the time to lobby for war, push for more conflicts, max out campaign contributions, get the mainstream media involved.
DC is like being in a Satanic cult, Skull 'n Bones
Watch exclusive 40+ minute documentaries that are too controversial to ever be released to the public: jake.yt/join 📹 Take a peek at all the private documentaries here: jake.yt/hidden-vids 🎥 Business is complicated. Subscribe to curiosity: bit.ly/jt-sub ✉ Be the first to watch new videos with email notifications: bit.ly/jt-inbox 📸 Follow on IG: @jaketran bit.ly/jt-ig 👨👦👦 Join the Tran Mafia Family here: bit.ly/patreon-jt 💬 Join the community Discord: discord. Stuff used and recommended: 💻 𝗟𝗮𝗽𝘁𝗼𝗽 𝗟𝗶𝗳𝗲𝘀𝘁𝘆𝗹𝗲 𝗔𝗰𝗮𝗱𝗲𝗺𝘆: Learn exactly how I landed my $40/hr work from home job ($83K/year) at 19 years old: https://www.evil.university/remote 🏠 The real estate investing course I love and recommend: https://jake.yt/RE 🌐 Most flexible, affordable website hosting: https://jake.yt/bhd 🖥️ Website platform I use and love: https://jake.yt/kd 💽 Editing software I've used for 7+ years: https://jake.yt/ccd 📒 Online bookkeeping software I use and love: https://jake.yt/benchd 🧾 Best affordable bookkeeping software: https://jake.yt/fbd 📜 The exact resume I used to get my $40/hr remote web dev job + a lot of bonuses: https://jake.yt/DRBd 📚 Get 3 free audiobooks for life: https://amzn.to/2v58PSu 🎥 My video gear, setup, tech, books: https://jake.yt/stored ✉️ Email me: hello@jaketran.io Subscribe to the backup channel on LBRY, use reward code "jake-cast" for free coin: https://bit.ly/LBRY-jt Sources & Visuals: https://docs.google.com/document/d/1N... 

Sunday, September 10, 2023

Heaven on Earth: 5 Levels of Wealth (video)

MagnatesMedia, May 19, 2021; Ashley Wells, Seth Auberon (eds.), Wisdom Quarterly

Inside the Secret Lives of the Ultra-Rich

(MagnatesMedia) ⭐ If one earned $1 per second, to make 1 million dollars would take about 11 and a half days. But to make 1 billion dollars would take over 31 and a half years.

See, it’s easy to think of wealth in terms of "rich or poor," but broadly speaking, there are arguably Five Different Levels of Rich. At each level, things change very drastically.

The difference between what a millionaire can do and what a billionaire can do is simply staggering.

This video explores what life is like at each of these different wealth levels, delving into how the ultra-rich spend their money, including some of their most bizarre and extravagant purchases.

But as one watches, one realizes that one of the biggest changes that happens at each wealth level is perspective. This is because prices feel relative to how much one earns.

So if we compare someone whose earning $40,000 a year with someone earning 400 million a year, it’s 10,000 times more. This means a Lamborghini that costs $300,000 to them is the equivalent of spending $30. A $10 million piece of art? That feels like $1,000.

So while to us these purchases would feel major, to a billionaire it’s not even something they need to think about. And of course, when one is that wealthy, it’s not just items and experiences one can buy.

Let’s instead start off with the first level of rich: The Top 1%. Even though this phrase is synonymous with being extremely rich, if one's income is over $200,000 a year, one is technically part of the Top 1% of earners in the world. So being in the Top 1% may not make one feel quite as rich as one might think. 

This is why beyond this level, wealth starts being measured in net worth rather than income, as the more wealth one has the more assets one has, and one is probably not making one's money from a salary.

So the next level of rich is a net worth of $10 million-$30 million. This level of wealth...

This video looks at ALL the other levels of wealth, including the difference between millionaires and billionaires. What are some of the craziest things rich people buy? What are some of the most expensive items ever made and rarest purchases the ultra-rich make?

Let's visualize wealth in different ways, looking at wealth inequality, understanding how billionaires buy a lot more than just expensive items and special experiences.

This post was inspired by Reddit poster a1988eli (with added research and analysis) who had spent a lot of time with several ultra-rich people and therefore had great insights about the levels of wealth.

His original comment was on the reddit post "What do insanely wealthy people buy that ordinary people know nothing about?"

This levels of wealth video was produced within the parameters of the fair use doctrine. Please contact support@magnatesmedia.com with any questions about the contents of this video. Video created by: John Frazer and Hahoany Assad with inspiration and thanks to a1988eli.

Clip from James Jani's channel that visualizes wealth: The Untold Truth About Money: How to Build Wealth from Nothing

Enjoy this video looking inside the lives of the ultra-rich and what a billion dollars can buy.

MagnatesMedia is producing lots more documentaries on business, wealth, finance, success, influence, and lots of fascinating topics. Visit channel page to see free library of documentaries. Subscribe and turn on notifications for more soon 🔔

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Sunday, February 12, 2023

Valentine's Day: Countdown to Extinction

Man, life on the phone sucks! Is all life just social media and a popularity contest?

5 reasons why Valentine's Day is bad for us
(Psych2Go) February 14th is Valentine's Day. It's the day of love! Just ask Cupid and Eros, not to mention Mara Devaputra (the tempter figure in Buddhism).

Valentine's Day can be good, but there's lots of pressure put on relationships as well, to say nothing of the single people desperate for a romantic partner. The thought of not getting gifts that are expensive or meaningful enough overpower the true essence of a relationship.

It's a day of reminding a partner of how much you love him or her or them through actions and affirmations. What are we doing to celebrate today? Are we still a couple? Are we newly single?

Here's a video on the reasons why some people are still single: youtu.be/pGgGbZZdYOg
  • Writer: Michal Mitchell
  • Script Manager: Kelly Soong
  • Voice: Amanda Silvera youtube.com/AmandaSilvera
  • Animator: Naphia YouTube
  • Manager: Cindy Cheong
References:

Monday, January 9, 2012

Pentagon: Asia, Drones, and Cyber War

Democracy Now; Wisdom Quarterly
During this weekend's Republican presidential debates, candidates took aim at the military strategy war-loving President B.S. Obama unveiled late last week:

He vows cuts in overt military spending and a stepped-up focus on the Asia-Pacific region as well as increased use of illegal drone strikes that have targeted civilians, reporters, and alleged "militants" in Pakistan, Afghanistan, Yemen, and throughout the Horn of Africa.



In a discussion about Obama’s new strategy with William Hartung, director of the Arms and Security Project at the Center for International Policy, it is revealed that Obama is keeping levels equal to the Bush-Cheney administration. Ignoring the only peace candidate, Ron Paul, Hartung examines alternatives presented by Mittens Romney, the GOP front-runner in New Hampshire. "His plan would be sort of laughable, if it wasn’t so obscene," Hartung says.

"He’s talking about, let’s keep the military budget at 4 percent of gross domestic product, as if it was some sort of entitlement program for the Pentagon... He would spend something like $6.5 trillion over 10 years, which would be about a trillion-and-a-half more than the Obama plan... If he’s not going to raise taxes, it’s going to come straight out of domestic programs, which are already being hit quite substantially." More

Tuesday, November 22, 2011

"Super Committee" FAILS (cartoons)

Wisdom Quarterly


The two party "Super Committee" is a Super Congress tasked with deficit reduction -- making cuts to pull the US out of debt. There is enough money in the country to not have this dilemma. It is a problem, like so many problems, of allocation.
We could tax the rich (at low pre-Bush Era rates). Or we could assess corporations more than their current effective-rate of zero. Or we might consider sending less money into the abyss of the "military-industrial complex" (Pres. Eisenhower), which as part of the "shadowy government" (Sen. Inouye), has its own funding anyway. But no.



The lines divide in another way: Democrats want to protect MediCare and social programs, whereas Republicans insist they have to protect the super rich and corporate personhood.

Given that both parties are largely corrupt, who would take the side of the bailed out, largely untaxed, welfare-siphoning super rich?

The "trickle down" theory of economics (the idea that if we give more and more money to the super rich, some of it will eventually fall down to the rest of the 99%) is a fiction that ignores the human needs of most American, even though they cost much less to provide than more tax breaks for the rich.

How deluded or insensitive must one be to imagine him or herself a beneficiary of so unfair a system?

Whatever happens after this catastrophic failure to reduce the deficit, at least country music superstar Taylor Swift's award for "artist of the year" is safe. At least we have that. (*Sigh*).


Thursday, December 31, 2009

Prison or Education?


A Pew report says 2,319,258 Americans were in jail or prison at the start of 2008 — one out of every 99.1 adults, more than any other nation.

States Spend More on Prisons than Education
Three strikes laws have overcrowded the nation's prison system. Here are the results of a new report by the Pew Center's Public Safety Performance Project. In the end we find that "getting tough on criminals" is a feelgood slogan that has only gotten tough on taxpayers.

For some groups, "the incarceration numbers are especially startling," the report said. "While one in 30 men between the ages of 20 and 34 is behind bars, for Black males in that age group the figure is one in nine."

For Black women the news is even worse as...One in every 355 White women aged 35 to 39 is behind bars, compared with one of every 100 Black women in that age group. Using state-by-state data, the report says 2,319,258 Americans were in jail or prison at the start of 2008 — one out of every 99.1 adults. Whether per capita or in raw numbers, it's more than any other nation.

Solutions
The report cited Kansas and Texas as states that have acted decisively to slow the growth of their inmate population. They are making greater use of community supervision for low-risk offenders and employing sanctions other than re-imprisonment for offenders who commit technical violations of parole and probation rules. More>>