There has been alot of recent news about government-backed mortgage refinancing. I wanted to share our experience to help other homeowners and even renters! Yes, renters!
How Obama’s Mortgage Refinance Plan Really Works
Snooki, Save Me From Your Followers
I take a reasonable amount of pride in the fact that I have littered this blog with “quasi-important” terms like: capitalism, money, moms, politics, children, vaccines, finance.
However, if my handy-dandy visitor counter is accurate, the most important topic in our society is…none of those things.
It’s Snooki –hands down! I have thrown Snooki into the mix on this blog to illustrate a few political and maternal points.
But as is consistent with her mysterious power over society, it is Snooki teaching me about the world we live in.
I use a feature that displays the exact term a person ‘Googles’ to get here. Don’t worry, I don’t know who you are. But, I do know what interests you.
And numbers do not lie.
Various forms of “Snooki Research” shows up far, far more often than research about money, capitalism, politics, the End of the World in 2012 and even sex and circumcision!
Of course, anything moms have to do with those issues barely shows up on the radar. I kind of expected that which is why I started the blog.
But people are really into Snooki! That has fascinated me. Here is the hard evidence to back up my claims.
As of December 20, 2011, the most googled terms to get to www.ultimateoutcasts.com are…
“Ann Coulture virgin” – 122
“End Of The World 2012″ — 1,219
“Capitalism” — 1,505
And…the undisputed champ:
“Snooki” — 24,582 (includes “Snooki Fat”, Snooki’s Poof”, “Snooki Ugly”, “Snooki Hair/Eyes/Butt, etc.”, “Snooki pretty”, “Snooki young”)
The least:
“Moms politics” — 3.
“I had sex with my son’s best man”–1 (Thankfully! And yes, there have been more distressing ’confessions’ I chose to leave out of this post.)
Clearly, I need to up my game if I want more people to come to my site for the other topics. But the data is very interesting. It is a Snooki-world. We only get to live in it.
Mom Rebels:Financial Advice I Am NOT Taking
Generally speaking, I consider myself “Stock Market Positive”. I believe investing in companies on the stock exchange is generally a good concept. But I am refusing to get the recommended 529 Educational Savings Plan for my son.
I have made more money through various stock market/real estate investments (passively), than my 15 years in the work-force. My ”Mama Capitalist” page details the whole story.
If we have the same type of passive income economy where investing in things can make a person more money than a working, it would be better to keep funds available for investing in things rather than education. Right? The 529 Plan signals we are headed in this same direction. It means that it does not make sense to tie up sums of money exclusively for education, regardless of tax incentives.
The math does not look right.
Today, the average working American does not have disposable income to invest in the stock market. Or purchase goods (without using a credit card) that are sold by companies on the stock exchange. As a result, I am not as confident in the stock market scheme as I used to be. I know too much about it now.
My specific grievance with the 529 Plan is much more complicated though. What does it say about our system when the ideal way to save enough money for a child’s education is to siphon it away to Wall Street?
It says to me that American workers are not likely to see income raises competitive to stock market annual returns — for another 20-30 years. Have we not yet learned from the last 30 years of the draw-backs of such a situation?
It also means that the cost of education will continue to reach new heights, becoming increasingly inaccessible to those without stock portfolios or a willingness to take on the weight of debt.
The 529 Plan is reflecting back to us America’s the effects of our society’s twisted and singular monetary arrangement. Do we want to teach our children that American’s earn more when we work hard? Or that the best way to make money is the easy way – on Wall Street?
Here is my strategy for paying my son’s education.
Currently, I have a utility (AEP) dividend reinvestment plan. I plan to let it continue to grow as my son grows. I will “gift” him money “tax free” (today’s rules) during his first two years in college into a safe account. Because what if he does not go? The 529 funds would still be taxable.
If he gets a good job and opts out of school, I would still consider gifting money for him to have a down payment on a house. This situation gives him various financial options, unlike the 529 Plan.
But there is a caveat, I will gift him only the value of one half annual salary of his chosen profession. Say he wants to go to school to be an engineer and could expect to earn 70K after the first 3 years. I’ll will come up with $35K payable only during the LAST two years of school (after two years of transferring the funds “mostly” tax free). For the first two it’s his responsibility — via loans and scholarships. Too many kids take school for granted because they are not responsible for it financially. I don’t want my son to think there is unlimited loot somewhere. He needs to show me he is serious about school before I fork it over. I want to show him that a work ethic provides nice returns – not just a dividend reinvestment plan!
Mom To The 7th Billion Baby?
I know the mom who birthed the 7th billion baby in recent days is probably feeling some heat. Somewhere, someone is saying “Another person?! How dare you? Isn’t the planet crowded enough? “. I have more thoughts on moms and their ‘over-achievements’ in this area that can be found here.
The fact is mothers are really key to this issue. If we asked moms how to manage populations, we would probably see numerous changes in our social and economic systems that would likely lead to the birth of fewer people.
To support my point of view, I came up with ideas and discussed them with my friend, David, at Overpopulation Insights. He’s got a great articles on his site and is seriously concerned about overpopulation. I think we all should be.
Overpopulation Insights: I was critical recently of an article from
NEWSWEEK by Robert Samuelson whose major thesis was that it is somehow
our duty to produce children because it is good for the economy. In my
piece, I express the drawbacks of this theory. We currently have a
system that rewards, encourages, subsidizes and markets to any men or
women who are able to simply have children.
Ultimate Outcast: The problem is that we have not created a system
that benefits and rewards responsible reproduction. Moms are the best people to develop systems would improve this situation because they have the experience. The reproductive work that mothers do is too often considered a byproduct of events in society instead of the source through which every event is made possible. The financial/social/religious and political set up is backwards and out-of-balance.
Overpopulation Insights: Hence, much energy, writing and angst from
overpopulation concerns is directed at those more universal and
impoverished groups (often women with children), rather than the equally important task of developing systems and reinforcing attitudes and behaviors for a more select group of responsible and enlightened potential mothers and fathers.
Ultimate Outcast: I agree completely. We live by example. Often it’s difficult for women to see beyond the joys or pressures of a young man’s
attention, which leads to unplanned pregnancies. Especially if it is what her mother did. For young women to take a more intentioned path, they need
to see the road ahead as one wide enough to walk along with a child and dream for herself. That involves reviewing economic systems, particularly our own in this country. We have an opportunity to lead the world on this issue.
Overpopulation Insights: I have concerns about the role of poverty in
either producing unwanted children, or children with little or no
economic resources. One idea that has been considered is paying
people, especially young women at the poverty level, to delay having
children and pursue more education. That would postpone their choosing
to have children they cannot afford yet, raise both their skills and
consequent pay level so they are more competitive and productive in
the job market. In the end we have a more mature, better educated
person less dependent on society for her support, and studies have
shown they will have fewer children and happier more stable and
productive lives.
Ultimate Outcast: I think paying women to not have children would
create many ethical issues. But I support the idea of implementing
greater financial incentives for child-bearing in women who have
pursued education or have had a job. A woman engaged in these
activities will tend to bear fewer children and select more
responsible partners. Currently, there are mroe financial incentives
for an impoverished woman to have multiple children than to get an education and work in the U.S. That needs to change. I think we should consider a grant system for all new births as has been implemented in many
countries in the world. There would be a generous base grant amount
for the first two births based on the educational and work history of the individual woman. I think we can create an American version of this system
through market mechanisms. We need to create incentives for women to access a variety of opportunities, select an ideal partner to have children with and have a good life that includes a manageable number of children. And they would be the direct example for their sons and daughters.
Overpopulation Insights: Just what are the ethical issues you are
concerned about in paying women not to have children until they are
prepared to do so? It would seem to benefit both the mother and any
future children. A win-win situation, if you will. Secondly, paying
women not to have children in essence is a grant system, so why would
we need to institute a second grant system if women were already
prepared through education and job training to support their children,
if they choose to have them. Finally, the trend is actually fewer
births in educated families and they are the least likely to need a
grant system. So far there is little evidence that most women in
poverty have few if any incentives to not have children,
Unfortunately, I suspect there is so little that is available and
meaningful to women in poverty that producing children is the only
thing that is an option. I have empathy for their circumstances and
lack of choices, but it is counterproductive to empowering women and
mothers, and reducing both poverty and overpopulation.
In summary any incentives most likely should be aimed at raising the
standard of living and education of those least able to afford and
raise children successfully, rather than including those with more
resources. Those more educated and effluent groups are quite able to
pragmatically choose whether to have children or not, and be able to
nurture, educate and financially support them, if they do choose to
have children.
Ultimate Outcast: In theory, paying women not to have children does
sound like a solution until women are doing extreme things to rid
themselves of unintended pregnancies. I think we would also see
increases in newborn abandonment.
Paying women not to have children should coincide with paying people
not to procreate altogether. It takes two after all. So neither are
realistic policies. It’s a women who carries all of the evidence. The powerful role of childbearing is the source of reproductive bias and feminine suppression ever-present in religions, politics, economics.
China’s one-child policy has placed Chinese mothers in difficult ethical, emotional and moral dilemmas when a brief event turned into
another human being to feed. The problem is not the children. It’s the systems they are born into. But they suffer for it. Abortions are common while the elderly are living longer and longer. We need to pay attention to both problems. Are babies the problem or is it an aging population?
Overpopulation Insights: In an ideal world what you advocate is
certainly a reasonable scenario. Unfortunately, we are very far from
an ideal world, and this country and others are already in serious
crisis mode. Dramatically slowing fertility rates in the near term
have to be the major foundation for any real change in population
dynamics. That can only happen if the focus is on the groups in our
societies producing most of the unneeded and unwanted children,
specifically in this country, but also in the rest of the
underdeveloped nations. It would seem only logical then to funnel most
allocated resources to the poor and uneducated, both women and men as
you rightly point out.
For any potential solutions to occur, there must be a general
acknowledgement by all that overpopulation will doom us and our
children to ongoing conflicts and economic decline. That universal
consciousness does not yet exist.
Conclusion: In the end it will be the mothers (and fathers) that will carry the burden for not only educating their own children about the dangers of
too many people, but who also represent the biological means in which
fertility rates will fall to more sustainable levels. That is a burden
and responsibility that needs all the assistance we can provide,
whether in the form of grants or incentives.
You Might Live In A Sick Society When…
You drive down your neighborhood street, see this billboard and:
A. Get excited to see the film, in spite of it’s obvious predictability;
B. Feel nothing;
C. Decide to spend $12+ to see this film instead of eating a decent, healthy meal;
D. Know that stupid moms will be taking their young children to the theater to see it
It is no measure of health to be well adjusted to a profoundly sick society.–
Jiddu Krishnamurti
Relaunching: A Blog For The Under-Served
Whew! Mission accomplished! Great promotion? Check! Pay raise? Check! (25%-for those of you keeping up with my mama-capitalist story). More on that in future writings. My brief break from this blog has given me time to pause, reflect and recharge. The issues surrounding us are constantly in my mind and so are solutions.
This month my blog turns 1! To celebrate and introduce myself to newer readers, I wanted to share what inspired it. Thanks to all of the friends I have come across in the blogosphere. You made long, lonely days at my desk survivable.
The Story Behind The Ultimate Outcast Blog:
If asked before I was a Mom what my biggest fears were, I would have given pretty common answers. The list would include any manner of death, that I would have to live with my mother-in-law or that I would be awakened again one morning by a giant cockroach crawling on my forehead.
Motherhood introduced a whole new set of fears.
For several days last summer, I had the opportunity to read America’s most influential business newspaper, The Wall Street Journal.
Article after article spoke of “markets” making decisions as if Wall Street is if run by headless beings. There were numerous stories about bickering lawmakers and battles over sensible ideas. Front page reports focused on government and corporate incompetence and never-ending wars. The printed photos of human devastation further illustrated mankind’s dark nature.
Then, one day I began to see the stories differently. During a mental rewrite of every article on the front page from a Mom’s perspective, I was discovering new solutions to old problems.
As I wondered why my type of spin was never ‘news that mattered’, a different kind of fear set in.
I feared greatly that for another thousand years (or so), Mothers like us — those most needful of intelligent, protective societies — would not see themselves as essential to the economic and political strength of their nations. I started to worry that Mothers would continue to be rendered powerless and dependent, unable to influence those societies upon which they so rely.
I also feared that the story of Moms today, like so many others before us, would go unwritten.
So, I decided to start writing.
Yet, as I geared up to begin my blog there was something eating away at me. Rooted in self-doubt, I feared that writing articles that intermingle the economy, capitalism, religion, politics, sex and motherhood would be considered highly offensive.
In spite of my personal and professional experiences, the fear of being wrong, considered stupid and unimportant was strangely paralyzing. All because you know, I am ”just-a-mom”.
Then at the right moment, the perfect words intersected my life, spoken by the unlikliest of people: Olivier Martinez.
Who’s that?
He’s that French actor who captivates Diane Lane in the film “Unfaithful”. The one who inspired this memorable cinematic line: “Two looks from a guy like that and I’d be on my back in a second”.
Now, I quote that line because it was actually spoken by a mom in the movie. This mother, when in the presence of someone interesting, sexy, beautiful, did not censor herself and I could appreciate that. I mention the line because it also justifies why I was stalking Mr. Martinez one day on the Internet. It’s how I found the following quote on his IMDB page.
“I personally think you must believe in something. You must have a point of view on everything even if you have to change it often. That’s my terrorist aspect in action! I need to have prejudices to make my choices, I mustn’t let myself be invaded by ultra conservatism. Better be wrong in one’s decision and then step backwards rather than not choosing at all.”
Handsome Olivier’s quote captivated me.
While stuck in a society that seems unwilling to evolve, I found these words liberating. I thought if he could live by them, I could too. They freed me of my fear of criticism, they gave me permission to experiment with words and ideas, to possibly be right and to possibly be wrong, to be confident of my ability to adapt to changing circumstances, to know that as a mother responsible for the future of a little boy, I possess a valid point-of-view.
We all know there may be repercussions when we reach out for ideas that do not fall neatly within the framework of our commonly understood concepts, the ones that can be easily labeled Republican, Democrat, Jewish, Christian, Capitalist, Socialist, male or female.
Inside we fear the cost of revealing our deepest thoughts. But we must do this as mothers. Because it’s moms who are forced to look beyond society’s preconceived notions about the human experience. When a mom is holding her young child stricken with a sudden illness, she may conclude that a for-profit healthcare system is inhumane. Her point-of-view is valid. As an American mom earnestly builds a path for her child’s dreams, she may determine that all mothers should be able to create these same paths for their own children — including those in the Middle East. Her point-of-view is valid.
As mothers, we often must admit that world is not as black and white as the words in The Wall Street Journal. Everyday mothers navigate a complex world that is countless shades of grey and an endless palette of vibrant colors all at the same time.
When we are mothers we have access to important insight, wisdom and compassion. For that reason ,we must insert ourselves into these broader conversations.
And we must do so fearlessly.
A Quick Teaser!
Dear Friends Of The Blog!
The site has been quiet because my job has picked-up recently and I’m super busy, working hard and — just as any other Mama Capitalist worth her salt — hoping for a nice pay raise. As usual, I’ll keep you updated on all my earnings as a working mom making it in a decent American company.
Inspiration has been brewing while I toil away, though. Here are a few teasers of articles in the pipeline…
Corporate Charity Is A Crime
I have had it up to HERE with corporations trying to bilk American moms out of more money to feed/clothe the poor — for profit.
Corporations are in the business of making profits and have found a way to make charity profitable. We should all beware of this growing practice. I will share my thoughts on that in a future post.
The Political Penis
All of the news surrounding Arnold Schwartzenegger’s dalliances and secret child have my mind moving in all things moms, penises and politics. The fact is we need more moms in politics and less penises (I mean that literally, I have nothing against the men themselves). The political penis problem entered our culture at the same time “The Lewinsky” entered our lexicon. The airing of sexual circumstances of politicians has degraded the context of important social and economic issues that we all need to be focused on. The affect of childish banter on our politics has been embarrassing and needs to be done away with.
Population Issues & The World’s Mothers
My new blogosphere friend, David from Population Oversights and I, have put together an article analyzing solutions to over-population. His blog is a smartly written assessment of our current population challenges and I invite you to visit his site. He’s got an interesting new article up on the film Avatar. And if the political undertones in the film were not interesting enough, it stars one my favorite actors. Our article will be running on both sites very soon!
Also, anyone out there part of Toastmasters? I am thinking about joining as I would like to take my ideas into a public speaking format. Any thoughts on the club would be appreciated!
For those of you that I read and comment frequently, I’ll be visiting again very soon.
Cheers!
Heather
Pleasure Alley
I would like to take my readers down a street I like to call ”Pleasure Alley”.
The tour starts with something I like to call ‘The Billboard of Doom & Death’. It’s one of hundreds, no thousands around Los Angeles on any given day. Every movie promoted on this billboard shows a gun, knife, fire or other destructive reference. Up this week is a promo for the new flick Fast Five:
It is clearly about about 4 hopelessly attractive men (I’m refering to the most prominent of course) and 1 token beautiful woman drawn to danger. There will be at least 5 guns (not counting The Roc’s arms) and a few bad guys. Insanely fast cars, fast women, wrecks and gunfights are fun and entertaining, right? Yeah!
Let’s continue the tour.
As we proceed, we are presented with numerous beer ads. One can choose from at least 9 liquor stores along the way (no, I’m not exaggerating) to stop in and buy the desired brand.
First, we happen upon the Budweiser & Soccer billboard (just in case you may overlook the neighboring enormous Budwieser/Bud Light factory). *Amateur Photog Note: This is the best photo I could get without endangering my life. This billboard is actually quite noticeable.
Or how about a Busch beer? It’s nice and COLD!
Or there is Coors…it’s very pleasurable….
And more Coors…
Or this brand I never heard of…
Wow, that’s alot of beer choices!
I think the gang is all here!
No – I mean the ‘Haskell’ gang is on our tour, too…
Everytime I pass graffiti along “Pleasure Alley” — which is every day – I wonder if these kids’ moms know they are out of the house. I wonder if the moms even care.
Maybe the family just needs to head up the street to Toys R Us. You know, grab some games, encourage each other spend more time as a family…
…Or to be reminded of the blond at the local strip club: Exposed
And if you are not into blonds, here’s a brunnette: Hush Gentleman’s Club
And if you don’t care either way, here’s a sillouette: Club 7557
Wait a minute! Moms?! Photos of Moms on the side of a building?!
Haha! Just kidding! These are the beautiful ladies of Blush. And they might be moms but as we know, moms are only worth paying unless they take off their clothes for men. And moms certainly are never that pretty. Right?
Now kids are fun and often a pleasure to be around. Here are the kids along “Pleasure Alley”. Blink, and you will miss them…
Okay, the kids are kind of hidden in the trees. The print is in Spanish. About a public preschool program that most people do not care about anyway or would call ‘socialism’ or ’amnesty’. It is placed next to one of the nine liquor stores on our tour.
I wish I was kidding.
Ratio of child billboards versus guns, beer, stripper billboards 1:9.
Ratio of intriguing mom billboards versus guns, beer, stripper billboards 0:9.
You may be wondering why I would take you down a road like “Pleasure Alley”. Well, there are two reasons.
This tour is merely a commentary on how American’s vices are courted to promote the exchange of money. It is effective and is why marketing ‘geniuses’ continue doing it!
The frequency of violent and over-sexualized female imagery on billboards in Los Angeles disturbs me. And bores me!
Is this really the extent of our human creativity? Really?
These billboards remind me that America’s value system is deteriorating. This all leads me to contemplate the modern American culture: Are we what we see or is what we see what we aspire to be?
I don’t believe in censorship. But no one is the countering these messages at an equal level. When you take a drive down “Pleasure Alley”, it is clear that the media culture around us is not a positive one. And yet, many Americans will often buy into it — without considering an equal opposing option.
Like many Los Angeles residents, these billboards are not something that I can easily escape. For my dear readers, this is not just a drive down into any mysterious underworld.
I have just taken you on my daily commute to work.




























