November 10th, 2012 12:31 PM by Eric Fang
Prop 30 and the election.
Prop 30 passed and we as citizens choose toincrease ourselves the taxes. It will be a lotfor us. But it's the time to contribute somethingback to the society and the country. And I will worka little bit harder to make more money for those tax hikes.
I had a very good run yesterday and today. Finished11 miles with pace 9. It felt pretty good after one monthcome and go injury(It should not happen to me, I thought only professional athelets will be injuried),and I am ready for the next week's race.
We should have lots of opportunity in the next two months,both for stocks and interest rates. I know "fiscal cliff"thing, but sometimes, this is just a game. It's a game playedby the poloticians of both parties. The market will go upand down because of this game. And we can take advantageof that.
I know Obama adminstration advocates "changes". But weshould learn from the following story I just heard:One guy lost his job and he got $1800 monthly of the unemployment benefits. After he got paid $800 monthly from the part-time teaching job from a collgege, he gotthe unemployment check of $1000, and plus he spent moremoney on the gas and the time he taught at the college.So when the college asked him to add one classes,he declinedbecause that meant he would spent more time and moneyand still get $1800 total monthly.
And he said that now he undertands why some people does notwant to work. Seems like the system is not quitely right.