My Thoughts by Rick Stephens

I must be Insane!

Posted in Personal Growth,Satire by Rick on the October 13th, 2010


Einstein was right – I am insane

Trying to learn Spanish – again

1st attempt: 3 years in Panama + 2 years Junior High
What I learned: uno, dos, tres . . .

2nd attempt: 2 years high school
What I learned: Hola, como esta usted

3rd attempt: Retail CD courses (3 of them)
What I learned: Buenos Dias, Como se llama

4th attempt: Berlitz class
What I learned: Eschuchar y repetir

5th attempt: 1 year in home Personal tutor
What I learned: Esto es muy cara

Ongoing effort: 35+ years living in Texas + 4 trips to Mexico
What I have learned: Donde esta el bano

Latest attempt: Rosetta Stone
What I have learned so far: Debo estar loco

To Your Success,


Taking America and the World Out of Poverty

Posted in Satire by Rick on the April 2nd, 2010

Left vs Right

Now that the Health Care bill is law, there have been many who claim that certain portions of the bill are unconstitutional. This belief has sparked many states, including Texas, to join a growing effort to challenge the constitutionality of this law in the US Supreme Court.

Specifically, the charges are, that the US Government does not have the constitutional power to require every citizen to purchase health insurance. Many believe that the Commerce clause of the Constitution does not reach this far, others believe it does.

If it turns out that the US Supreme Court upholds the Health Care bill as constitutional, and agrees that the Government has the power to require every one to purchase health insurance or face a fine, then that ruling opens up a significant opportunity for this country to lift itself from the bonds of poverty. The possibility exists that in the future every citizen of the US (and ultimately the world) could become independently wealthy.

Here is my plan to eliminate poverty from this great nation and the world:

The government, acting under the the expanded reach of the Commerce Clause, should pass a law requiring every parent to purchase a life insurance policy of at least $1,000,000 for each of their dependent children. The exception, of course, would be those who already have enough money to be able to put $1 million in a trust without the need to purchase a policy. If the parent is unable to afford such a policy, the government could supplement the cost of the policy from savings described later. Upon the death of the parent, the $1,000,000 would immediately pass into a trust fund for the beneficiary child, and begin drawing interest at a regulated rate of no less than 4%.

The beneficiary child would be able to draw only the interest from this trust, never touching the principal. Upon the death of the beneficiary child, the principal would automatically pass to the beneficiary’s dependent children to be added to the additional $1,000,000 policy the beneficiary child was required to purchase for his/her dependent child, increasing the amount from $1 million to $2 million. This pattern would continue from generation to generation.

This result of this plan would be tremendous. First, after only 1 generation, every child in America would immediately begin receiving a $40,000 per year for life cash benefit to supplement their regular income. Instantly, poverty will disappear.

As the next generation begins, the benefit amount would increase to $80,000 per year for life per child, followed by $120,000 per child the next generation, and so on indefinitely.

A side benefit of this program is that the unemployment rate would be dramatically reduced as more and more people become independently wealthy. With enough money, no one would have to work, and of course, when the income level increases and fewer people need to work for a living, the amount of unemployment benefits would begin to reduce, saving the government millions of dollars each month which could be applied to the growing deficit and to supplement those who are financially incapable of purchasing the policy on their own.

Further, the problem of Social Security going broke would also be eliminated. The government could pass a law gradually reducing the amount of benefits being paid out by Social Security based upon the income of the recipient, ultimately eliminating the need for Social Security all together. This savings could again be applied to the national debt, further reducing it. Ultimately the saving from unemployment and Social Security alone could eliminate the national debt within just a couple of generations, bringing this country back to a rock solid fiscal stability.

Also, because more and more people will now be receiving income, The government would begin to see an increased amount of money being collected from income taxes, allowing the government to freely implement additional national programs for the benefit and well being of this nation. And, of course, when a person passes on without having a beneficiary child to receive the inheritance, the entire sum would pass directly to the government and be used to further reduce the National Debt.

The world would be in awe of our status and I am sure that eventually the rest of the world will look upon this plan and begin implementing a similar one in their own country to reap the benefits we are seeing in the US.

And when the rest of the world begins to see how prosperous we have become, and starts implementing the plan themselves, eventually poverty around the globe will be eliminated for ever.

If nominated for the Nobel Peace Prize for my ideas, I promise to donate the entire sum to be applied to the National Debt. If the world insists on recognizing me for my humanitarian efforts anyway, perhaps a simple, yet prominent statue could be erected in my honor. I wish only for the prosperity of all.

Wake up America!!

To Your Success,