No artwork today…just a day blowing off steam!
Several issues have cropped up in the past few days which have left me in an ill frame of mind! According to the medical specialist I saw yesterday whether or not I have a ‘mind’ or anything else in the future is questionable. His prognosis was indeed not positive and has left me quite angry. After a sleepless night turning over his words I’ve decided to accept his prognosis as extreme and alarmist. Will stick to my general practioner’s verdict and do my damnedest to think positive.
So that’s that. A second incident occurred which is indeed most troubling. I received a credit card in the mail. Not a fake card with a made up 1,2,3 number. A complete card with actual assigned number, expiry date …. The works. I did not apply for such a card, would not even consider such a card. Why would I want to pay 29.5% to some company for using their card? I recently had my wallet stolen while in the local library; luckily I had little in the wallet; only a bank card which I immediately cancelled. In this day of identity theft the receipt of this credit card has left me with a very deep feeling of dread.
What else may turn up in my name without my authorization? Somehow or other 'my person' feels violated!
Another recent occurrence has also set me on edge. In Canada one has the option to invest sums into a Registered Retirement Plan; money to be held until retirement. This helps reduce income tax by about 30% for the year of contribution. I took out such a plan, simply because I was earning very high dollars at the time and it was an opportunity to save and reduce taxes.
At a certain age the government insists the plan be converted to a RIF – in a RIF you are required to withdraw monthly sums; with the government getting their belated taxes back at the rate of 10% at withdrawal; and additional tax when filing tax returns based on the total withdrawals for the year.
Okay, fine, I know I have to pay the income tax. But now, the banking institution has levied a service fee of $56.50 for withdrawals that are not included in the monthly withdrawals. So, if you wanted to withdraw an additional, say $100. $10 would be withheld for income tax, the bank would keep their $56.50 and you would have the whopping sum of $33.50!
The bank fees really upset me. The money earned by financial instutions is mind boggling – and they need more! My 92 year old mother is right! I didn’t believe her but I do today. Her philosophy – for all the interest you will earn on a bank account; you will ultimately relinquish in some way either to the government or the institution. How absolutely right she is … think I will adopt her institution “hide well in a safety deposit box!”. Or do as another senior I know who 'stuffs in a sock".
Haven’t quite blown off enough steam to approach the artwork in my studio. I think this will be a good day to walk the trails and hopefully my walk will discover remnants of a time when 29.5% interest rates did not exist and 'banks' could, sort of, be trusted to be on your side; and noone wanted to steal your identity, they were busy enough establishing their own!