Archives for August 2011

In memory of Margaret I. Carr

Founder and editor-in-chief of publishing house epress-online, Ms. Margaret Carr was found dead of natural causes in her home last week after she failed to attend a company meeting. On October 30, 2000 Ms. Carr announced to the world the pending arrival of epress-online into the publishing world. She helped pioneer electronic publishing, a world about to explode with the advent of the Kindle and other reading devices. I never had the opportunity to meet Margaret Carr to thank her personally for all she has done for me. ePress-online published my first book and only book to date, Divine Evolution. With no small amount of pride I can say that I am a published author (not self-published) thanks to her. She will be missed by all of her friends, and aspiring authors everywhere. … [Read more...]

Write in Dave Ramsey for President

Most Americans must be financially illiterate. There's no other explanation for the lack of overwhelming outrage over the irresponsible rate of federal spending. Daniel Gross wrote a remarkably ill-informed article for Yahoo! Finance, blaming Congressional Republicans for our credit rating downgrade. The very people Gross chose to criticize are the only ones in Washington trying to introduce the federal government to fiscal responsibility. In stark contrast, Dave Ramsey did a beautiful job explaining our national spending crisis in terms anyone can understand.  Our growth of federal debt is unsustainable and requires drastic change immediately, which he made remarkably clear. At his website DaveRamsey.com, he wrote The federal government will take in $2.173 trillion in 2011. That’s their income, and it sounds pretty good. Until, that is, you factor in that the federal government will spend $3.818 trillion during the year. So, just like many families, the government’s outgo exceeds their income—to the tune of $1.645 trillion in overspending. That’s called the deficit. Altogether, the government has $14.2 trillion in debt. What would happen if John Q. Public and his wife called my show with these kinds of numbers? Here’s how their financial situation would stack up: If their household income was $55,000 per year, they’d actually be spending $96,500—$41,500 more than they made!That means they’re spending 175% of their annual income! So, in 2011 they’d add $41,500 of debt to their current credit card debt of $366,000! What’s the first step to get … [Read more...]