My second thought of the day. There will be no baseball this year. Many people don’t care. I’m one of the ones who do and I know that these players will not play. They’re not getting paid for the games that have been missed and the owners want to cut their salaries even more to make up for the empty seats and the lack of concession and souvenir revenue. My take on this: The average player salary is between 4 and 5 million dollars a year.. the minimum Major League in salary is $563,000 per year. The union has an emergency fund for players who make minimum wage. The big stars can certainly afford to sit out the year. The last thing the union will let happen, especially at a reduced rate is to let one of their members gets sick. The owners have proposed a solution. They’ve suggested splitting the net revenues for this year. That’s a joke. If baseball opens up it’s going to operate at a loss. I’m guessing there won’t be any baseball season. While I’m on the subject, let’s write football off too. The last thing any major sports commissioner wants is what is what’s happened to hockey and basketball. Two seasons cut off before the playoffs and that might or might not be finished. That’s worse for the game than not playing at all. They can’t play football even with an empty Stadium. These guys line up nose to nose. That’s pretty much end of story. All of these athletes are young men and not one of them wants to die. It only takes one. Remember where you read it first. I have lots of random thoughts.
This next thought affects you. The Democrats have proposed a bill that Republican Senator Mitch McConnell has already said is dead before it gets to the Senate. This bill is a 180-degree turn from what the President, and Republican Senators are thinking and McConnell is right. It won’t pass. Included in this bill is a provision for collection agencies to be bailed out. Why are the Democrats playing both sides now? They whine and moan, touting their affinity for the working class yet they’re helping debt collectors. The hell with debt collectors. That industry needs to be cleaned up too. A reset wouldn’t hurt right now. This affects you directly. Many of you are in Payday loan debt. That’s why you’re here. You want to consolidate payday loan debt. Payday loan debt is an insidious trap. Constantly rolling up one payday loan into another it’s a horrible thing to have to do. In addition, your interest rate can run up to 700% annually. You need to consolidate your payday loan debt. At Federated Financial we can help you. We are 23 years old and A plus rated with the BBB. In most cases, our payday loan consolidation program can get you out of debt and lower your interest rate down to 0%. That’s huge. It brings down the total principal and consequently helps you pay off your payday loans more quickly. You need to consolidate your payday loan debt and you need to do it now. Fill out our form or simply give us a call. We are there and we can help you
And finally: On more than one occasion I have written about movie studios bypassing theaters and sending their films straight to the streaming services. I have written that this will break the old business model and destroy the movie theater business. I’ve told this to my friends and they have laughed. As they laugh, Disney came out yesterday and announced they were releasing a Monster on their own streaming network. On July 3rd 2020 they will release a film that was destined to be a huge hit next year. They are releasing this movie a full year earlier then was planned. Yes, I know they’re releasing it on their own streaming service and I believe it’s more of a test then anything else. If it succeeds, and it will, other studios will start releasing blockbusters on streamers like Amazon and Netflix too. Oh, I forgot to mention the title of the film. It’s the film version of the Broadway show Hamilton! That would have been a quarter billion dollar film in wide release. There will be a lot of movie theater executives watching the numbers on that one. That’s all I have for today!