Unfun Times At The DMV: Things To Bring And Do Before Arriving In Hell!

DMV HellThere might be a new way to wean car addicts off their car buying behavior.  That way is to simply have them experience a day at the DMV.  Recently, I had the pleasure to go to the DMV and re-register my car because I never got the tags in the mail.  Apparently State documents cannot be forwarded to a new address.  Hence, if you ever move residences or offices, make sure that you contact the DMV and other state departments immediately to notify your change of address!

I only drive on weekends now since I take the bus to work (ladies love bus riders).  I drive so little that I had no idea the tags never came for 3 months!  Of course, the one day I do drive to work due to a dental appointment, a cop pulls me over for a “fix-it” ticket.  “You know why I stopped you right?” Mr. Officer asks.

Actually, I have no idea Officer,” I sincerely replied back.  He gave me a ticket for expired tags and told me that if I went to the DMV and got new tags within 30 days, I wouldn’t have to pay the $276 fine, but only $25.

OFF TO DISNEY WORLD I GO

Fixing Our Absent-Minded And Forgetful Selves

Have you ever had a period of time where all you did was lose and forget everything?  For the past four months, I’ve been wondering whether I’m in the early stages of Alzheimer’s Disease or something of that nature.  It makes me worried.  Wait, what was I saying again?

Just the other day, I brought my tennis bag to work so I could go directly to the club and meet a client.  When I opened the bag in the locker room, there were no shorts, only sweat pants.  Not ideal in this mini-70 degree heat wave we’re having, but doable.  As I rummaged through my bag further, I discovered I had no shoes either!  No wonder why my bag was so light, I thought to myself in retrospect.

Walking out of the locker room and to the front desk, I asked Peter whether they had any demo shoes or left-overs.  Unfortunately there were none, and as I waited for Peter to feign a thorough search, I could see my client stretching on the court waiting for me.  Drat, no time to go home and fetch.  Instead, I ponied up $90 bucks and bought a brand new pair of tennis shoes right there, even though I literally have five pairs at home!

SLOW DOWN, BE MINDFUL

How Insurance Companies And Appraisers Scam Their Customers

House On Golf Course In HawaiiI’ve always trusted my insurance company, which I’ll call TRICKY DICK in this article, to do the right thing. After all, I’ve been a client of theirs for almost 20 years. They’ve benefited from my growth in assets and I now have auto insurance, homeowner’s insurance, valuable personal property insurance and an umbrella policy with them.  Furthermore, I’ve got a relatively large chunk of change in CDs deposited with them as well.

I had a unwelcomed change in my credit card the other day and had to call Tricky Dick to cancel my existing card on file and add a new one. Imagine my surprise when looking over my previous statement that they were billing me 45% more a month in premiums!  What the hell, I thought to myself.  Clearly there must be a mistake.  Oh how wrong I was.

HOW I GOT SCAMMED

Where Are My Credit Card Rights?

I’ve had my home rebate credit card for 7 years. It’s my one and only personal credit card I use for everything. Once a year, a rebate of 1% of total spending gets credited toward my mortgage. I was totally happy with the card and then one day, I get a letter from the bank saying they are changing it out of the blue. They didn’t ask me whether it is OK or not, they unilaterally made the decision for me.

I’m not particularly fond of credit cards which give me rewards points so I can go buy things I don’t need. Unfortunately, as a replacement card, that’s exactly what I’m getting!

It really gets my goat that a credit card issuer can just changes things at a whim. You’d think that after all that’s happened in the financial world, there would be more protection for consumers. But, as always, I’m disappointed with how my tax dollars are spent, and nothing really changes, just the people in power.

THEIR LETTER TO ME

State Budget Problems Are Going To Screw Us All

* In order to pay for President Obama’s $450 billion Jobs Act Bill, he has proposed removing the muni bond tax exemption benefit for those above the 28% marginal tax rate (~$200,000 for singles).  Given those in the 33% and 35% tax brackets invest the most in muni bonds, there will be a huge sell-off, and a resultant rise in borrowing costs for State governments.  This will lead to more budget shortfalls due to higher expenses, and less local construction.  As a result, MORE jobs will be lost or never to be re-created!

Taking advantage of State level governments to pay for a Federal Jobs Bill is very astute.  The more States get crushed, the more dependents and voters will be created for the Crusher. 

If you haven’t heard, the United States of America is having some serious state budget problems!  It’s estimated that 44 out of 50 states will have a budget shortfall for fiscal year 2012, which starts on July 1, 2011.  The largest absolute dollar offender is my home state of California, with a $25.4 BILLION shortfall that accounts for a whopping 29.3% of the state’s 2011 budget!

Everything is relative though, and there are three states more screwed than California based on a deficit as a percentage of 2011 budget: Nevada at 42%, New Jersey at 37.4%, and surprisingly Texas at 31.5%.  The overall US shortfall is $112 billion dollars, accounting for 17.6% of 2012’s overall budget.

THERE’S NO PLEASANT SOLUTION