Out On The Stoop is my exploration about things to know, talk about or experience these amazing times. The Stoop mantra is Think, think, it ain't illegal yet.
Tuesday, July 29, 2014
The Up Sell and When Does It Stop?
"No."
"Would I like one? "
"No thank you."
"It will only take a minute?"
I'm not mad at the clerk. I know the manager is listening for the pitch and the effort to get us dumb ass clucks to sign up. For what? A few cents off on items that are overpriced if I don't pledge fidelity?
I love bookstores. Yet I try as hard as hell to stay out of Barnes and Noble. I know they are hurting. I feel bad for them. However, every dang time I'm at the counter I get asked to plunk down $25 for the loyalty card. I don't want the card and I don't want the Nook.
When I come to think of it, we as consumers get the up sell all day long. Do you want fries with that? Can I interest you in our product protection plan? Would you like to sign up for our frequent buyer newsletter where we can sell you more stuff?
I'm not anti-capitalism. I'm not even anti-making a sale if done with a smidgin of class.
I am against sales harassment in all forms. Which is why The Verge's Comcast Confessions post has me shaking my damn head in what passes for corporate though now days. Comcast has a monopoly in many markets. Customers cannot go to the competition because there isn't any.
Shaking the Dead Money Tree
There is a finite amount of money that can be generated in a certain market. So in the current idiocy that passes for management you short sheet your users on customer and tech services. You make unhappy customers that much more unhappy by "sales retention."Then you fight like hell not to let anybody go.
I keep hoping that Google Internet will spread but it doesn't look like it will anytime soon. I'm hoping that an alternate form of connection will be invented that will bypass the former phone and cable companies. That will happen but not as soon as I need it which is right now.
In the meantime, we will have to be resolute in our power of the No.
It will not be easy. Comcast will double down on their staff to ride out this wave of bad publicity. To be fair it isn't just Comcast. Pick a major corporation that deals directly with the public and you can find pockets of sales harassment and up selling as a corporate birthright.
Stay the course and keep saying no, "I don't want it." "No, I don't need it." No to the super sizing, no to the extended warranty plan and "No I don't want your store card!"
Collectively we can induce change if we are willing to turn off the money spigot.
Friday, January 24, 2014
Financial Literacy - A Visual Poem Making Cents of It All
There were lubes, washes, rubbers and wipes. I was amazed at the number of condoms that were available. As I was standing beholding the splendor, the music in the store changed to Bobby Womack's I'm Looking for A Love.
I would have uploaded that video as is but, alas, the copybots would have had the poem yanked quick fast and in a hurry.
So I had to think of other ways to convey this message of financial literacy. For the record, I am not saying don't buy 99¢ condoms. No, I am not. These are FDA regulated medical products. They are tested. There is a limit on the permitted fail rate.
But you might want to check the expiration date on the box. Or double up on them if buying a onesie is not in your immediate future.
The reason I stopped was because in most stores the condoms are locked up or visible in a distant glass case. You have to find someone to retrieve it for you. This could discourage a sale or two but I do understand retailers do not like to replenish stolen products.
The store had enough boxes for each person that wanted one. I got to hold a box and look it over; something I haven't been able to do before in pharmacies and department stores.
It was a moment.
PS - I really don't want to cast negativity toward the manufacture of the condoms. Broke folk need love and I fully support any glove that can be used to prevent STDs. Perhaps folks can do pre-testing before going full tactile?
Saturday, October 29, 2011
Folks Don't Understand Being Broke
Now, I might be misinterpreting his words or not understanding conceptually what he meant. But I'm going with what I think I heard which is something to the effect of "there can be no change by what they are doing, get into the system and fight."
It is not a bad suggestion. Not a good one either. I get it that he is trying to find his answer.
I did point out to him that many of the people protesting can't find jobs or are locked out of employment. There was a gruff acknowledgement but then he said some of those people that support the movement could do it.
Not Really The Point
When I was broke, busted, unemployed and things where looking kinda dicey I can truthfully say that I did not have money to buy stocks or mutual funds.
I had choices like a bag of discount frozen french fries or toilet paper.
Off code meat or day old vegetables.
Finding soda cans that could get me bus fare to look for work.
I didn't have family to turn to. I did have people that took me to dinner once in a while. Thank Sprint for Craigslist. Other folks gave me good advice. . None of which involved going to a broker and putting a tenth of one percent of share on a company.
Being broke and fighting for survival is a full time job. It is more than just not having income. It is a feeling of being powerless. It is knowing that you are trying your best to do the right thing only to be told that you are a loser.
Gotta tell you that is a cultural mind fuck that hard to overcome.
Bootstrapping Is a Myth
I think people want to understand but we still have that mentality about bootstrapping. First you must have a boot. Then good laces. Then the foot to put into the boot. Libertarian 101 embedded in our fabric of influences.
That is not a bad thing. We as Americans pride or false pride ourselves as being self sufficient. And yet you need a community to support the making of goods and services. You need the infrastructure to be able to buy and sell. Skilled craftspeople are also necessary.
My point is that no, there is no self made anybody. We are interdependent with each other. We can chose the degrees of interdependence, and that is a good thing because there are some folks I want nothing to do with or held at arms length.
Yet applying the bootstrapping metaphore the questions still kick up. What do we do when industrial, manufacturing and many service jobs have been exported overseas? How do folks get a job when technological advancements have eliminated a range of labor and management positions?
You see, there is a space of disconnect that has to be talked about and damn if we are doing our best not to even try.
So no, I am not going to tell folks scared silly about where the rent is coming from next month where to find a good broker.
I want to know more about alternative infrastructures and financial systems. Not to get rid of capitalism but maybe find other systems that helps folks cope a bit better than being told to shut up.
Tuesday, September 27, 2011
The BBC, Rastani and My Lack of Sleep
For those folks that can't see the video he basically said in a clear, assertive voice that traders and brokers don't care about governments or stable societies. They are looking for profit. The next money fix.
This is not news but he said it in plain English. That was news.
And the work that others folks are trying to do to save Greece and parts of Europe aren't worth the effort because traders and financiers are looking for safe ports for their money, even if they have to stick them in U.S. dollars. It isn't about governments, it is about what Goldman Sachs wants and needs for monetary growth.
What has that got to do with me or you?
Business as usual you say. Well, he also said that he has been waiting for the next drop so he can make some serious bank. A drop that will clean out bank accounts around the world.
I can say with painful memory that small depressions are bad enough. The pure hell of 2001 nobody should wish on any group of people. 9/11+Dot Com bust+Enron all in the same year was quiet enough thank you very much.
And this man speaks of that type of event happening again like a cash money wet dream. It turns out that Mr. Rastani is not a big time trader. He is more of a dabbler.
Rastani is not technically a fraud but he does not roll with the big boys. The BBC did not fully verify his actual qualifications to appear on the broadcast. He is just a man who loves to talk, he wants to be a public speaker.
Rastani got his big break.
And yet,what Rastani said is the truth.
Not about Goldman Sachs. It isn't just that company. Be real.
We know there are people who would do anything to make huge sums of money. Ethics or societal responsibilities have nothing to do with it. In fact, we are being schooled that no one has any responsibility for anybody but themselves. The rest be damned unless you have money to buy you way out of perdition.
It is the truth that we need to prepare for a serious cosmic money azz whipping or fiscal re-alignment. It is the truth that no one in government or those that aspire to public office has a clue on how to fix this. None. There is no desire to do so.
We are in palliative care mode at the moment. We cling to the side show when the main attractions are just too much to witness.
We need to have alternative sources to our food supply. How are we going handle brown and blackouts? Skills for services or products is going to make a comeback but do most folks have something to trade? Actually no, what do any of us know how to do that does not involve electricity?
You will not catch anyone from this side of the pond say the words that Rastani said on the BBC. He probably will not appear on any of the business or talking head American television programs. Really shouldn't have been on the BBC.
It makes what he said no less true.
That is why I was curled up in my bed trying to sleep with all kinds of thoughts romping through my head. I didn't sleep much at all.
Friday, July 01, 2011
Dear New York Times This Is Why I Haven't Been Back
I got your most recent e-mail. Yes, I have cut back on traipsing around your web site. I know that I have 20 free visits. I appreciate that, I do. My friends, relations and colleagues keep sending me NYT links trying to get me to go check out a news story on your site.
I slip up now and again. Yet, like the song lyric says, I'm trying to walk away from a love.
You see, I don't like being made to feel like I am a poacher. I'm not. When you had open access to the Times I'd step in to read an article, find a source to cite or get lost in the photo slide shows from the magazine or your photographers and journalists media projects.
Actually it was Bitman that lured me to the web site and next thing I'd know I am exploring the photo essays. The videos of AO, JD and Sam were growing on me. It wasn't like I'd keep it to myself, I did communicate with other folks who also checked out the site.
And the old school NYT Archives?; totally faboo. Love it and might have mentioned it to a few library folks. I will try to curtail that in the future. I like archive digging but that also eats into the 20 visits per month.
So why haven't I been back?
First of all, this Internet thing does cost me money. I have to pay for the phone lines, the DSL connection and related charges. So do you plus an infrastructure I don't have to carry.
I know it takes cash money to produce a newspaper. Your newspaper is worth it but dang if I can abide or cypher your pricing schemes.
Dude/Dudette, it makes no sense.
$799 for total paper and digital access per year
$499 for digital only access for a year via smart phones and my desktop
$385 for actual weekday paper and all digital access for a year
$390 for Sunday only paper and all digital access for a year
$220 for Kindle only access per year
$195 for Web only (desktop) access
$19.99 for a monthly Kindle only access
$0.99 cents a daily Kindle issue
$1.75 to $2 for the print newspaper, depending on where I bought it.
It boggles my mind.
If I just look at it from a Kindle point of view, I'm not paying $19.99 a month to read the NYT on an six inch e-reader. I just figured out Article Mode but that only works for the text stories. The other features I like are not going to be accessible on an e-ink Kindle or my cheap smartphone because that would be a separate subscription.
I might splurge 99 cents on a day paper purchase but do I get to keep the day or does it disappear at midnight?
Once every other week I do buy the a paper edition. I get to hang on to it and read as much of it as I can. It takes a while.
You see my problem?
It's not you. It is me.
I'm not paying three separate subscriptions.
I don't want the paper version more than once a week. I don't want to start tracking how many times I've been to the site and I don't want to see that little tag that says I have four visits left.
I'm not a poacher, as many current and ex-journalists have cast web visitors like myself. Some of them even work for your newspaper. They should know better than to refer to visitors as poachers.
If they feel that way about it I don't have to come to the New York Times.
I think it is time for a trial separation. I've been looking around. I've even voluntarily gone to, you know, the Los Angeles Times web site.
Sigh, I know.
It's not the same but I need time to think.
I'll let you know.
Saturday, October 23, 2010
Dan Roan - Bank Bonus Explaination from BNet
Not even gonna pay the fine because Bank of America will pay the bulk of the fine for him per a prior agreement?
Tell me again how crime doesn't pay? Unless you have an excessively white collar you seem to do just fine and dandy.
This is a video that I found on BNet a year or so ago. I meant to post it but it seems like this is a good time to remind folks why we are in the mess that we are in.
One reason is that is a serious separation between legitimate earnings and greasing the wheel to turn in order to generate bonus money activity. You slice and dice and damn near kill the company or the economy but you still are banking money.
It is not illegal. But is it ethical?
Thursday, September 23, 2010
Statistically Speaking I'm Amazed

I'm happy if one person gets value or enjoyment from my blog posts. I have a lot of things I'm interested in. I was curious what folks read or glance through. The stats have been active since May 2010, but I think they just slapped them on everyone's Blogger Dashboard in August.
To the fine folks of Australia, Luxembourg, India, Brazil, Russia, Netherlands, Canada, Germany and the UK, I thank you for reading and checking stuff out. Drop a comment when you can and use your native language if English is giving you a pain.
So long as I can get to Babelfish or Google Translate I'm good to go.
Now as to what some of my mighty fine readers are perusing.
The Top Five Are:
5. The $99 NetBook
4. Nikki Giovanni Talks About Choices
3. The Confederate Flag, The Push Me Pull You of Culture
2. More Than Words - The Nelson Brothers (Again, I'm sorry fellas for linking you to that song.)
1. The Gift of Self-Pleasure the IFM site (My post is ok but that place is so NSFW)
Technology, Creativity, History, Entertainment and Sexuality. Something for everyone, I guess. Again this is just the stats from May to now. The poetry videos are popular on the separate page at the top of the blog. I guess they are easier to find that way.
I don't plan on changing what I am writing about because I really am interested in all kinds of people and ideas. Depending on how the hormones kick up though, well. Let me put it this way. Middle age women are rocking but not necessarily in a chair.
This blog has always been is a small reflection of my journey of this lifetime. To be of service. To discover new things. To laugh and hopefully remind folks on the other side of the pond that we are not all crazy with fear and malice.
I'll try to keep it flowing and juice up the Ice Tea a bit out on the stoop.
Sunday, August 29, 2010
Health Insurance Workshop for Artists At The Armory
From the Health Insurance For Artists website:
This workshop provides unbiased information to help you navigate the tangled web of our health insurance options. Topics include:
- How to compare benefit designs.
- Individual & family plans.
- Guaranteed-issue group plans for the self-employed.
- Association plans for artists.
- What you need to know about health insurance reform.
On the other hand I do know that artists shouldn't have to depend on the fundraiser skills of friends and well wishers to pay for emergency health care or long term health care needs.
There next session of the workshop is September 11, 2010 at the Armory Center for the Arts 145 North Raymond Avenue, Pasadena, CA 91103
Seems like you to have to RSVP at http://armory.eventbrite.com.
Monday, August 09, 2010
The Things I'd Want Other Women to Know
There is a line in the movie about how no one over 50, with skill based exceptions, would be selected for survival.
Eh? I'm doing the numbers in my head 50 + 2 = Rest in Peace. Now I do understand that from a science fiction standpoint this is a necessary plot point.
Looking at it from a resource survival of the species standpoint it is kinda understood you save and protect the younger population until they can re-establish society with the help of so-called elders.
I'm not an elder. Still getting use to the middle passage. I find myself being seen and not seen. The filters of race, weight, gender, vocabulary, beliefs and now age make interacting with other people more challenging.
Then again that dang peri-menopause thing can jack up your perceptions. It could be the reason I'm writing this post. I don't care, I've got to say what I need to because I can't get that scene out of my head.
So, just in case this is what I'd like folks to know.
Respect.
For yourself and for other people. I know there are others that advocate the short cut or backstabbing approaches to life. Some of these people currently seem to do well on reality television shows.
That is an illusion.
Disrespect backs itself up in a corner waiting for you. Respect for yourself and other people can reduce the amount of crap you will have to handle.
Sexuality
I don't care if you are celibate or are just about to notch number 923 on the bed post. I do care that you are safe. I want you to be happy and comfortable in your life. Your sexuality shouldn't be totally dependent on another human.
You have to know what you want or be willing to find out. Not so easy, I know. I think when I incorporated some of the elements of sacred sexuality into my being I felt even more comfortable but that might not work for you.
Sexuality is not fear. Using sex to fight fear, lonesomeness or inadiquacy doesn't help. Might feel good for a minute but not a long term solution. Be safe, be educated and be loving to yourself.
Money Management
Do what it takes not to be in debt. I strongly believe in the better personal finance blogs like Get Rich Slowly, I Will Teach You to Be Rich, Frugal Babe and The Consumerist. Debt is a means of subjugation.
Emancipate yourself and stay that way.
I'm thinking the spirit of Scarlett O'Hara - no you shouldn't marry just any ole body to make you comfortable. Bad, very bad. I just don't want you to be afraid of picking up the mail or answering the phone.
I had more but this will do for a start. I would tell you to have faith in being a decent person. If you need a book to tell you to do that ok fine but I don't think it is necessary.
Try to do better by the planet, we don't need as much as we think we do. Consumption shouldn't equal destruction. There is a balance.
Read. Question everything but at some point trust.
Create.
Laugh.
Be quiet and take deep breaths.
Wednesday, April 08, 2009
Eleanor Roosevelt and Handling Turbulence- Part 5
One of my lowest points financially hit me like a brick. I was standing in the supermarket and I had a choice. I could buy a clearance sale bag of French Fried potatoes or a roll of toilet paper. I could not do both. At that moment I felt helpless, angry and questioning why I was even here. I was not questioning why I was in the supermarket. I questioned how did I get to this point where I had to make this kind of choice?
That was my financial bottom. Like Scarlett O’Hara, I vowed to change the situation. I did not know how I was going to do it but it was going to happen. I was a journey and I made missteps along the way. I did know that my ignorance was putting me in jeopardy of harming my spirit. I’d seen the walking dead; the people who go through the motions of life waiting to die. That scared me more than anything and inspired me to learn what I needed to know.
This series of Women’s History posts came from seeing the 1929 Depression as a metaphor for surviving and thriving in the mist of chaos. The fact is that there have been multiple recessions since 1929 and there will be others.
One of life lessons is that there will be unexpected turbulence. How you handle your personal financial life after the turbulence occurs is within your control. So with a little help from Eleanor Roosevelt here we go; for those of you that don’t know about her this is a very brief introduction.
Empowerment
Part of having control over your financial life is knowing that you can take care of yourself. It might be a hard idea to sell these days, especially if you are having a financial emergency. You have to believe that you can handle whatever you have to face, even if you need to ask for help.
You gain strength, courage and confidence by every experience in which you really stop to look fear in the face You are able to say to yourself, "I have lived through this horror. I can take the next thing that comes along.” You must do the thing you think you cannot do.
DJ Nelson knew that a 40 hour work week in an office was not for her. She had others that were trying to tell her that perhaps she was mistaken in her opinion. She wasn’t. DJ knew what was right for her:
Before I graduated from college I knew that I never wanted to work for anyone else. The idea of being stuck in an office for 40+ hours a week was simply revolting. After a few summers of full-time internships, I was simply burned out. I literally felt as if my brain was oozing out of my head and my level of intelligence was dropping at a rapid rate. I knew that is not how I wanted to spend my life.
No disrespect to those who live this lifestyle but it just wasn’t for me. I didn’t understand why I had to sit at a desk for 8 hours each day when I was done with all of my work after 4 hours.
Rowena at Warrior Girl expresses her empowerment thought art. I wished I could fly and maybe I can be inspired by her work to take flight of some of my ideas that have been percolating.
What Is Your Plan?
Don’t have a plan, great! This gives you the opportunity to investigate how other people are doing it the sensible way. I don’t think you have to make yourself sucker bait for any financial scheme that is being floated pass folks now days. There are real people who worked there way out of in deep debt without winning the lottery or a relative dying in the nick of time. You have options.
The world cannot be understood from a single point of view. I keep repeating this because this one of our blinds spots as Americans.
No one plan fits all lifestyles but you have to have something. Even a rebel needs something to rebel against. Now you can call it a budget, financial goals, spending plan or whatever you want to call it what do you have to support you when bad times comes to your door? As a starting point you can’t go wrong with the updated version of Your Money or Your Life: Updated and Revised for the 21st Century written by Vicki Robin, Monique Tilford and the late Joe Dominquez. The book has been updated to reflect new and current realities.
On the blogging side there is Kelly from Almost Frugal with her Back to the Basics posts on Creating a Plan. For those of you that are moms there is Cathy from Mommy Need Motivation on Budget Planning. Blunt Money understand most people’s reluctance but you have to start somewhere and she is asking “Where do you want the money to go?”
Being on Purpose
If ten million women really want security, real representation, honesty, wise and just legislations, happier and more comfortable conditions of living, and a future with the horrors of war removed from the horizon, then these ten million women must bestir themselves. Home Magazine 5 (March 1932): 19-21, 86
Walking the walk, meaning setting up the emergency, savings, retirement and what the hell accounts. Knowing and understanding your options if you are cut from your job or have to find alternative income. If what you have planned doesn’t match up with your values or your current lifestyle it is doomed to fail. Not only do you have to want prosperity you actually have to act like you mean it. Jen from Millionaire Mommy Next Door interviewed David Wann who wrote the book “Simple Prosperity.” He defines simple prosperity as:
I think of simple prosperity as a social movement, a non-violent revolution similar to the civil rights movement, to replace our excessive lifestyle with a more moderate, sensible, grounded way of life. It’s not about guilt, shame, judgment, or sacrifice, but a strategic, mutually agreeable reduction in our level of consumption and a corresponding increase in our level of contentment.
Jen also demonstrates how to create a visual treasure map of your financial goals and aspirations.
Inspirationally Paying It Forward
Friendship with oneself is all important, because without it one cannot be friends with anyone else in the world.
And you know those without a good friend or friends kinda get a little twitchy in a scary sort of way. People with true wealth and abundance know that they did not get where they are totally by themselves. Yes, you need information, skills and tools but you also need understand that you are a part of many different communities.
Debbe Kennedy at Women in the LEAD Inspiration blog shares a book she found inspirational. In her post, Women: Are You Working Against Yourself? Debbe points out that if you kept regurgitating the negative thoughts it will contribute to the negative experiences you might encounter.
I've not known quite what to write about it, but I've been hoping to find the words that might touch some of you and also free me from my own unintended sense of temporarily being "stuck" in a place where I don't feel like ME.
Nina Simosko at Nina Net’s It Out shows us that sometimes advertising can reflect our better nature. She point out that it is beneficial for businesses and individuals to “pay it forward” because despite what negative people say we are better than we know. Extending kindness, information and respect is not lost. It is circulating and at some point it does come back to you. Nina explains:
I have had the great fortune of being helped by many people along my career path. And to be clear, these folks did not do so with the expectation that they would receive anything in return; but rather for the sake of helping me out at a time when I was in need of assistance. I have had a few great mentors who took me under their wings and guided me through then-uncharted paths within my career.
To put it plainly, are you the stingy heifer up the road that nobody wants to talk to or the lady down the block who knows how to find the resources she needs within a keystroke or a phone call? One thing you could say about Eleanor is that she certainly got around, met and helped a lot of people.
We can make a different, first in our personal lives and then when possible extend our assistance beyond our doors. I leave you with a final quote:
Do what you feel in your heart to be right – for you’ll be criticized anyway. You’ll be damned if you do, and damned if you don’t.
For more information about Eleanor Roosevelt:
- The Eleanor Roosevelt Papers Project
- The Franklin and Eleanor Roosevelt Institute
- Franklin D. Roosevelt Library
- Quotations not cited are from Quotations Page.com
This post originally appeared on BlogHer where I am a Contributing Editor
Monday, March 09, 2009
Comparing Facts About 1929 Great Depression and 2009 Part 1
Rick Santelli’s rant on the floor of the Stock Exchange made me mad. The cultural and media switch from blaming institutions, corporations, regulatory bodies and all manor of greed mutating has now morphed into branding individuals and and families as “losers.” Yes, there is a lot of anger and frustrations. It is easier to be angry than to find answers.
Yet it is not that easy to explain. This is a complicated issue. It is not just the Sub-Prime loan crisis. It is not just the Pyramid investment schemes. It is not just the price of oil, food or other commodities. And, most important, it is NOT solely an American problem. This is a global financial disaster.
What I would like to attempt for my next series of posts is to help you find facts; you can make up your own mind and act accordingly. This first attempt might seem a little dry but it is important to understand the facts before you can understand what people had to do to survive, then and now.
Question 1 – If this is a depression how is it similar or different from the one in 1929?
The financial crisis has not officially been declared a depression. To me, this recession has many of the features of a depression and apparently so does Fox Business News. There are many complex reasons why the 1929 Great Depression happened. These are the some of short answers:
- There was an agriculture/environmental problem called “The Dust Bowl” that removed viable top soil from farm land. This affected farmers ability to grow crops and to repay the loans. The banks foreclosed on the farms, sold to the highest bidder and evicted the families.
- This was the age of industrialization. Workers put in long hours for little pay. Businesses not only produced but over-produced commodities. There wasn’t enough customers to buy the products. Yet manufactures kept producing. You also had overseas competition as well.
- There was limited or no regulation regarding the practices of the Stock Market. It was the good old boy club and any money obtained was great for the club members who had no regard whatsoever for their actions, either legal or unethical.
Question 2 – What are the similarities?
1929 – Investors were able to purchase stock on a “margin.” This meant that a person could buy 10% of the value of the stock and owe the rest payable at a later time. Some folks borrowed from the bank to make stock investments. Others took their savings from the bank to purchase stocks. Most Americans had their money in the bank, the same as now.
Now many of the stocks were tied to legitimate companies. Others had purchased a certificate of stock ownership tied to a company no one knew anything about, especially those that were selling it. Millions of shares were being bought and sold for 10% of the value. Then came the day when the banks and financial institutions called in the margin. When they did that the investors around the world panicked. Everyone was trying to sell. No one was buying. The market crashed.
Those that were smart and just had their money in the bank? If the bank did not have the funds to return your deposits you lost them. Your money was gone. There were 4,000 bank and financial institutions that disappeared. This is why some of the great-grandparents are or were extremely fearful of putting money in the bank.
2009 – There were individuals buying and selling mortgages then repackaging the loans and selling them to the next sucker, I mean buyer. In the meantime, institutional investors such as teacher unions, state retirement boards and other companies were buying money market and other types of fund investments to help grow their retirement funds for workers. Some of the bad loans were interwoven into those packages.
Let’s not forget about how easy it was for people to get credit and adjustable rate mortgages. Or that the housing market also inflated home prices. New construction was booming as was the companies that serviced the construction market. Now mix in the marketing campaign to people with less than stellar credit and charging higher interest rates for that population to purchase a home without documentation of income or ability to pay. Common sense did not matter to the borrower or lender. Get the loan, sell the mortgage. There were warnings that were ignored on the local, state and federal level.
Like 1929, at some point the call for the full value of the loans was requested. There was not and is not enough money to pay for the houses, the loans or to compensate investors. Enter that magic word “panic” followed by fear, rumors and business collapse. Sound familiar?
Question 3 – What are the differences?
- The Securities and Exchange Commission is charged with keeping an eye on the Stock Exchange and financial institution. In the past eight years attention has been lax and the office was understaffed. Hopefully that will change in the future.
- Each bank in the country is now required to have Federal Deposits Insurance for each account up to $100,000. That has been temporarily raised to $250,000 until December 31, 2009. So, theoretically, if your bank goes belly up you would not lose any money by being a depositor. The Federal Deposit Insurance Corporation has an information page on exactly what happens when a bank fails. I should tell you that a number of banks have failed and there will be others. Be prepared, check out credit unions as a back-up financial storage space.
- There are a number of federal agencies that help with agricultural concerns. There is a different problem. Many of the small famers were driving out of business by competition with large agribusiness. Their interests are not the same as the one or two family farms. Many of them received subsidies that were intended for other kinds of farmers. That really needs to be looked.
- The government has stepped in and given the banks money to prevent the larger ones from failing. It also gave the money to release into the general population so that small businesses, vendors and employers can conduct their normal business activities. The banks haven’t shaken loose a dime.
There are reliable sources that can explain more in plain English. If you don’t like the ones cited or linked to drop hints in the comments. I don’t have instant answers that sound good in a sound bit. I am not a financier or historian. What I can locate sources that give a better picture of our past and current situation. I think that we can find our way out of this mess if we learn to work together across party lines and be willing to educate each other without hostility. Leave that to Rick.
Next time, a look at the women and men who endured the Great Depression and their great-grandchildren in 2009 coping skills.
More Resources
Chitra at Poor Kid's School of Finance has her explanation of the mortgage meltdown. If you are 20-something you are gonna want to watch this. If you are older you are gonna need to watch this to explain to your teenagers. John Bird and John Fortune are a comedy duo in the United Kingdom. This is a comedy routine. It is also one of the best plain English explanations of the Sub-Prime lending fiasco.
For more information about the The Dust Bowl you can visit Living History Farm.org There are oral histories in QuickTime format that give you a sense of the power of the event. The PBS website The American Experience has a section called “Surviving The Dust Bowl” and there is a timeline that shows how the events intersected with the 1929 Depression and how long it took for areas of the United States to be restored. Nan Patience has a nice 2008 retrospective with photos about the 1929 Great Depression.
This American Life did an excellent job of explaining the Sub-Prime mortgage crisis and have just created a new version to help you understand why the banks won’t let go of the money that the U.S. government has given them. I strongly urge you to listen to the banking explanation because I don’t want you to stand in line trying to get some of your money out of a particular bank. You should also hang out at the NPR Planet Money blog
This post was originally written for BlogHer where I am a Contributing Editor.Wednesday, March 04, 2009
Stimulating Yourself to Financial Literacy and Education
There are multiple reasons for this financial mess. There are many of us that did nothing wrong and yet are suffering at the hands of the greedy and the unconscionable. I have been asking “How are we going to solve this problem?” I’m asking liberals and libertarians. I’m trying to read conservative blogs for answers but I quickly learned that there is a lot of anger in that part of the blogosphere. We are faced with the equivalent of cleaning King Augeas' stables. We have nasty work ahead of us. It can be done.
So I thought about it. What are some of the factors that contributed to this crisis? One of the factors is the lack of financial literacy. Because of the lack of literacy we use credit cards, pay day loans or cash advances as our personal money; it is not, we are borrowing money. This ignorance is generational. Many of our parents and grandparent had no financial education. This is not impossible to fix.
Time to clean out the muck and start planting new seed of prosperity. These are just a few suggestions. There is no one way learn this so I’m focusing on personal financial bloggers who are providing literacy and educational assistance.
BlogHer Resources:
Now if you haven’t already done so you should read our in-house folk like Jennifer Openshaw, Paula Gregorowicz, and the category on Money and Finance. There is informational gold in their posts so if you have been slacking now is the time to hit the archives.
Attitude Adjustments and Emotional Support
Suze Orman gets a lot of heat because she talks about the need for women to be mentally, spiritually and emotionally ready for prosperity. Now for some of you that is “woo-woo” talk. I get where she is coming from. You can wail about your lack of money. You can pray or affirm to the heavens “I want more money.”
Until you believe and internalize that you deserve more and that you have a right to a better standard of living it ain’t gonna happen. Belief without action is just as pointless. This is a two-fer folks, you have to do both. I am a big fan of JD at Get Rich Slowly, he has a post on How to Build Confidence and Destroy Fear:
Without self-confidence, we have a tendency to make poor decisions. We make choices based on fear instead of what is best for us. If you lack confidence, you might fill your life with self-destructive behavior. You’re might work at a job you hate. You may allow yourself to get deep in debt. You may find yourself moving from one bad relationship to another. Without confidence, you don’t allow yourself to pursue your dreams.
Girls Just Wanna Have Funds is a meet-up of women who get together with a financial advisor to help each other get out of debt. NBC did a report about the Washington, DC group. According to the website:
Girls Just Wanna Have Funds is dedicated to the woman that wants to take charge of her personal finances. We value budgeting, investing, frugality and remain mindful of our spending habits. Move over and make way for women who are in control of their financial destinies and not afraid to say it. We’re armed with a positive net worth and not afraid to flaunt it while breaking financial ceilings one stiletto at a time!
Nicole at Career Girls knows that young adults and in particular divas in training are getting nervous. In her post on Resilience in Times of Economic and Career Crisis she responds to a friend who is feeling the pressure:
So why is resilience so important? Resilient people bounce back and don’t quit or give up easily. Their ability to keep going will eventually lead them to success. Resilient people can thrive and progress in difficult circumstances, and tend to get ahead when less adaptable people won’t.
Big Whoop – How Do I Begin with No Money?
You might want to do more research on that attitude part. You see you might have money in front of your eyes and not be able to see it. If you have kids that drink soda for water either that has to stop or you are redeeming cans and bottles. Changing your perception of what you have is a part of wealth building.
I know what you want. Easy answers. There aren’t any. But there are seekers and pathfinders you can pay attention and learn from.
The late Carla Emery called it back in 2004 when people were going crazy over adjustable rate mortgages. Carla gave a detailed explanation on What Frugality Means. Emily at Remodeling This Life has a nice post on rethinking simplicity living. A Modern Gal has thoughts on what does redefining frugality really means to her:
When thinking of it from the resource standpoint, I have to admit, although I need to be mindful of spending and be prudent with cash, my biggest resource constraint is time. Thus, it doesn’t make sense for me to spend hours and hours on something that might yield only a small amount of savings. Sustainability also means the ability to continuously carry out good habits day after day
On the other end of the spectrum is Living Almost Large, she doesn’t want anything to do with frugal living. She does want to save money and plan for retirement but she also wants to spend money and enjoy life. Well, to each their own.
By her own admission Living Almost Large is in her 20’s and if you read the post she isn’t gonna win any love with the crafting community. I also think she has a narrow view of what frugality is; there is a range of people from those that peel toilet paper to those folks that plan for purchases and recycle when possible. Ryan at Uncommon Cents presents a good case for When Spending is Frugal.
Applied Financial Ed – Women Working Their Way Out of Debt
These are the folks that know how to stretch a dollar around the corner and around the block. Barbara Stanny has a good article on How to Respect Money. It is also a speed course on what you have to do to get out of debt.
Financial independence does not come from what you earn. It comes from what you do with what you have. No matter how sizable your salary, the money will slip through your fingers if you bypass this step.
Ms. Micah at Finance for A Freelance Life is using the month of February 2009 as Where Is My Money Going Month? Ashley at Wide Open Wallet has Five Tips To Help You Save. Ashley has another post about helping to support schools via shopping at stores like Target, that give 1% back to the schools on purchases. I' don’t have kids but what if I did that and designated it to a school in need across town? What if we all did that?
Kristin at Turbo-Mom has a blog called Guide To Saving Money Without Wasting Time. All are welcome and you can partake of the goodies such as how to wrangle coupons, how to work Baby stores to save money and the only legitimate place to actually get a free credit report.
Single Ma at Fabulous Financials was in debt and she shows her readers her process for the key to paying off debt. You can also check out her net worth status, it proves you can go to zero to your heart’s desire. Crystal at Brunette on a Budget is a financial writer/blogger. She mixes financial education with merchant credit card gouging and how to look good in high waist pencil skirts. Um, I’m thinking that for those of us who don’t have major bumps in the back.
I’ve got more but I’m running out of space. My point is do something, if nothing more than pass one of these folks along to a friend in need. Each one, teach one out of the darkness.
Gena Haskett is a Contributing Editor at BlogHer and this post originated under the Academic, Research and Education category.
Tuesday, February 17, 2009
Analog Girl - Embracing the Static
I wasn't taking any chances.
I do use the television to watch my VHS videos. If I ever find the rest of the Disney's The Gargoyles on VHS or DVD I'm good to go for a a little bit. That was more like an animated graphic novel than a traditional Disney cartoon series. I really like well done animation that tells stories. The WB Batman series, primo study in the use of shadows and atmosphere.
Where was I?
Oh yeah. My co-workers at the Salt Mine told me that I could go to Radio Shack and pick up the $20 HD antenna that would allow me to see more than the 1 station I can pick up. Channel 46DT. I have a testimonial that it really does work.
Channel 46DT comes in real clear, except when it pixilates. The fact that it is a Spanish television station is a bonus.
Now I am not hating on Channel 46DT. There were times when if I recognized the movie I would listen and try to resurrect what little Spanish I learned in high school. I choose to do that but I don't want to be forced to do that all the time.
My running total for my non-functioning conversion to Digital Television:
- Got coupon and like a dope only asked for one coupon. Value $40
- Get converter, cost 59.99, my cost 19.99+tax
- Converter not play nice with TV which has only a coaxial outie and VHS/DVD player. Can't hook up antenna and VHS/DVD player. Back to the store.
- Buy RF Modulator that allows me to hook up TV, Combo Player and Antenna. $29.95, total spent is now $49.95
- DVD/VHS combo breaks, have to get a new unit. Find cheap one at $69.95 Total $119.95
- Hook everything up. Run auto-scan. Can only get Channel 46DT. Run manual scan. Same blasted thing.
- I say forget this, I've got DVD, VHS and Hulu. Ah but as I plop in my Dick Tracy video, the old one where Boris Karloff plays a wicked villain, there is a grinding in the DVD unit. It won't open. It won't play. I press buttons, power up and down and in a fit of anger I pull on the DVD drive. I pull the cheap plastic drive holder all the way out. I now have half a functional combo unit.
Coat Hanger HDTV Antenna: Better Than Store Bought! AMAZING! - Click here for more home videos
I still have two huge apartments next to me and I will tell anyone who will hear me, I am not climbing on my roof for the current TV season.
Damion, I love you in Life but unless your show continues to post on Hulu we will have a parting of the ways. I'm watching Battlestar Gallactica's last season. I can wait 8 days between shows. They ain't fooling, the last season is ripping traditional television a new one every week. Hey Josh Whedon, you and your girls should watch a few episodes for inspiration. They're be scripting and acting over there Arrrgh...
I do have options. I can continue to watch TV via my computer. It does have advantages and disadvantages. I hear there is a laptop antenna conversion kit that can pull DTV signals. That would be another $50-$70 bucks but I could hook it up and watch TV on the laptop in bed.
Or I can break down and buy a digital TV converter card for my computer. If I do that then I should also think about getting a new monitor.
Do you see the pattern? Money. Each option cost money that I am unwilling to spend for something that hasn't served my needs in years. I'm still sleeping to mighty fine podcasts. I don't need disengaged local and national television any more.
They don't want me either. So it will be a while before I make a decision to spend more money on Channel 46DT or 63 other channels that I may or may not see. No worries, I have love and books to keep me warm.
Now if I could just find my electric blanket.
Wednesday, February 11, 2009
The Road To Good Habits is Paved with Bad Intentions
We are the sadder but wiser girls. We have been down this road before and don't like the view. If you or I could have thought our way out of emotionally sucking on some pizza would have done so long time ago. Some of those bad intentions were very tasty or had a gleam in the eyes that couldn't be denied.
Some of us we require a "structured" approach to developing good habits. Otherwise we will lie, cheat and manipulate our way back to the bad side. This requires a different kind of commitment. I can’t tell you the right thing to do but I can share with you some examples that might help you get where you want to go.
A Good Habit Requires Love
Good habits require a shift in thinking. Trading a good habit for a bad one is not a punishment but a welcomed relief from doing something that is destructive to our well being. Dogwood Mama In The Thicket understand what I am trying to say. She is trying to find her road back to better nutrition and in her words:
I am learning and praying and hoping that I will be more steady in my efforts this time, and probably slower in implementing them.
For me it is more like one day at a time for as long as it takes. That might be the rest of my life. Maybe a more realistic approach is to concentrate on a specific task for a moment, one hour at a time or for just a day. Slide into bed with the good habit just like we did with the bad habits. Perhaps we need to treat a good habit like a lover. A disciplined lover. As in disciple or any other associations that might occur to you.
Practiced, practice and more practice. You heard this before. It takes 21 days to lock in a good habit. I liked the approach by Darmaris Piece at I Am Thankful, 21 Days to Form A Good Habit. She does give you six helpful steps but Darmaris also encourages you to be thankful and to add positive affirmations to what you want to do. If 21 days is too much then you might be interested in 3 Easy Steps to Break Bad Habits from WebMD.
Mental Motivation
We need motivation. This will shock a few of you but you can't find your specific motivation in a book or a blog. It has to come from inside you. But bloggers and others can inspire you and coach you along the way. Dara Chadwick at Fit In Real Life points out that the work may not be just external. You might have to do positive internal work as well.
I'm notorious for not being able to take a compliment and I've started to see how negative a habit that can be. When someone tells me I look great and I say, "No, I don't" or some other self-deprecating remark, it diminishes not only me, but the person giving the compliment.
I can’t tell you the number of blog post written by women who are vicious with themselves. Stop doing that! It sets you up for failure and you are back on that road of too much food, coffin nails or another situation that set you up for failure and self loathing. It is about the love baby. Nothing but love.
Wanted to lose 5 pounds in a week and you only lost 1.5 pounds? Give yourself a pat on the back for the 1.5 pounds and say these exact words, “I’m doing ok. Next time I’m going to do better.” I' mean it. No hate talk, no self-bashing and, most of all no comparisons, to any person living or dead that lost more weight than you did last week.
Clueless Baby at Just An Ordinary Life takes a look at her specific bad habits, nail biting, procrastination and fidgeting and states what works for her. You see, if you don't have a vested reason (other than your doctor telling you to quit it or die) then there is nothing to keep you from woofing down a cheeseburger and a shake.
You motivation has got to stronger than your desire. Sometimes those rascals are pulling on you with equal force. This leads to the second component.
Clearly Stated Goals
The clearly stated goal helps to reinforces the good habit. What do you want to do? Do you want $1,000 in savings by the summer? Travel? Fitting into a size 14 dress? What would it take to make that happen and what is the bad habit blocking you from what you want?If you keep buying the morning Danish bun you are not gonna have $1,000 in savings or wear a size 14 dress. For those of use that need reverse psychology, especially when it comes to money, you can read Jennifer Derrick’s post on 21 Days to A Negative Money Habit.
ElizaLizzy at The Evolution of Me has three specific things she wants to do every day:
I am going to start anew tomorrow and try my hardest to meet three simple little goals. #1 - Bring Breakfast - that is already in my work bag - so I have no excuses #2 - take a 30 minute walk (or 2 15-minute walks or 3 10-minute walks). and #3 - track all calories on Sparkpeople tomorrow.
For some of us it is not just that we want to change but we have a medical condition that requires management. For example, Karen at Overcoming Asthma writes about bad habits for those that suffer Asthma. Reading the post she is also speaking to the rest of us when it comes to the conscious and unconscious triggers that invoke habits that are harmful and yet we do them anyway.
One More Thing
There will be mistakes, errors in judgment (for me if chocolate is in the area there will be many errors in judgment) and well, we might get frustrated about following a set of guidelines. That is okay. We are allowed to mess up. We are human beings. It isn’t going to be easy. Sometimes you will do the right things and it will not seem to work.
Amberlyn from Confessions of 2 Fat Girls had a set back but she says:
But I don't want to quit. I've come some far, for me, and worked to hard to give it up on a few bad days. Tell me to keep going. Tell me that all this hard work is worth it. Tell me that we have good weeks and bad weeks.
Yes, Amberlyn we do have good weeks, bad weeks and some weeks should be wiped off the calendar. The next day however we open our eyes, affirm the positive and get on with the business of creating our life on own terms. It is worth it.
Other Resources:
Conscious divas know that splendor does not come without pre-attached gunk that must be dealt with. Fortunately Smooth Diva J is looking out for you. You can train your inner diva to break bad habits.
Over at Psych Central Dr. Grohol ask How Long Does Change Take? According to him, it takes at least six months.
For those with bad money habits and fears you should visit The Consumerist (Now owned by Consumer Union, the company that publishes Consumer Reports) and read 9 Good Habits for a Deep Recession.
This post originally appeared on BlogHer, where I am a Contributing Editor.
Sunday, December 14, 2008
Learning The Difference Between Getting An Education and A Degree
My one clear memory from Sociology 101. It was an evening class from 6 to 9 p.m. at my local community college. My classmates were adults who worked during the day, part-time students and a back row of older women who refused to leave the planet without their degree. It may have taken them twenty some years and literally had to wait for their children to be grown or their husbands to die or leave them in order for these women to take classes. Those old girls meant business, no matter how bad their feet hurt, they came to learn.
The instructor looked at the class and said something that sounded like the following:
“Most of you will only advance one or two levels beyond your current class status. This can be proven statistically. So if you are a lower middle class person you might be able to advanced to a middle or upper middle class person. No matter what you do or the education you obtain you will not, statistically speaking, move more that one or two levels beyond your current status.”
Sitting next to me was an auto mechanic with grease in his nails. Other students who were hanging on for dear life with whatever jobs they could scrape up during the day. There were a few clerical workers. Some of my classmates had just gotten back from New Jersey where they earned day labor wages for picking vegetables.
That statement was not setting well with my classmates. There was anger. There were challenges and examples given of Americans who had succeeded and prospered beyond anyone’s statistical curve. The older women gave him a litany of non-sports or entertainment figures that put a lie to his statement.
The instructor agreed. “There are always exceptions to the rule but as a whole the numbers don’t lie. There is not that much aberration from the statistical norm.”
At that point I started to tune him out and listen to my classmates. They were hurt. At the time I hadn’t heard the expression “lies, damn lies and statistics”. The older ladies were muttering under their breath. The younger men were telling the instructor that they “will prove that they are the aberration” so they didn’t give a damn what the statistics said about how far they would go.
Eventually folks simmered down and the lecture continued. I made a mental note not to believe anything this guy said that I couldn’t verify elsewhere.
My classmates and I wanted an education. We put a lot on the line to show up for school only to be told it did not matter. Many of us were not middle class. Some of us were just a few steps away from being called “Trash.” Some of us, even while working, couldn’t reach the official United States level of poverty.
For many of my classmates there was an unspoken definition of education that implied freedom from financial pain and oppression. Get the degree and you will be protected.
The California Budget Crisis Affects All Income Class Levels
I bring this up because in California there is discussion of eliminating 10,000 freshman admissions due to the California budget crisis. The talk is currently on removing admission spaces, raising tuition and the elimination of classes at the Community College level.
What typically happens is that if there is an tuition increase or a cut in admissions at the college or university level students will migrate down to the community colleges to pick up classes and transfer later. It is an excellent idea and it will save students a lot of money. Many of the instructors and adjunct professors are the same people they would have met at the four year colleges and universities.
But that academic migration downward will stop some economically deprived students that need a second or third chance to “get an education.” They will be unable to get the classes they need. At the community college level here in California that could mean the instruction loss of:
- Remedial English and Math classes to make up for what was not taught at the K-12 level of of education,
- English language classes for foreign students who attend community colleges as a way of becoming accustomed to the American education system,
- Vocational Education in fields such as construction, health care, computers, law enforcement and culinary instruction to name a few,
- Academics programs for Pre-Law, Pre-Med, Science and Technology programs and Teacher preparation and so many more.
It has been said that what California tends to put into place the nation eventually follows. This would be a bad, bad thing to spread throughout the country. More educational opportunities lead to smarter workers, attract good employers and increase the tax base. We need more educated (technical, vocational and academic) people, not less.
So What Does An Education Mean?
Well there is the classical definition that has nothing to do with a degree, vocation or enhanced employment opportunities. Judy Yee at Teacher’s Mind Resources has a full breakdown of The Meaning of Education, what it was and what it could be.
Former Homeschooler Tammy Drennan writes:
Education involves entwining wisdom and discernment with knowledge. It means making judgments about knowledge. Education requires learners to ask why, not just what and how. And when they answer the question why, it requires them to ask, “In light of why, what now?”
Education involves time to ponder. It involves searching and wandering (and wondering) -- and conversation, too – with wiser individuals than ourselves. It involves relationships – with real people, the real world, real books, and above all, with oneself. It involves imagination and creativity, both cooperative and lone.
That is what I thought an education was until I started getting mixed up with other people’s expectations. It was like a manta, “get the degree, get a good job.”
There is the late 20th century definition that seems to imply that an education is a group of skills necessary to perform at a certain level of performance. It could be vocational. It could be a profession. You learn it, prove that you know it and get a piece of paper. With that paper your life if perfect.
Naw, I don’t think so. There is a post at Her Bad Mother’s Basement called Where I Wish I Was where a mom writes about the choices she made after the degree that didn’t end up financially like she planned. Sherri, guest writing at her sister’s blog Weebles Wobblob writes about how her life changed dramatically when she moved away from “the path”:
I spent the first 30+ years of my life creating and living a life of illusion. I was following the path that had been laid out for me: college education, professional job, getting married, and having kids. As I took each step, it seemed like I was moving ahead, but in looking back, I realize that each step took me into a deeper trance-like state. It took the very emotional crises of divorce (which shattered the illusion) to get me to “wake up”.
Like pantyhose, one type or size of education does not fit all people. I understand that standard colleges and universities have little to do with feeding the brain and everything to do with passing the final and creating an alumni base of donors.
It took a long time for me to know that I have the power to satisfy most of my intellectual curiosity without having to shell out thousands of dollars. Being open to the possible takes care of the rest. The older ladies that I shared the stage with as we got our diplomas would agree with me. But it was cool to flip the tassel for the first time with them, their collective bad feet and all.
I leave you with a potentially contentious question. What does an education mean to you? Do you feel like you have put your education to good use?
This post originally appeared on BlogHer where I am a Contributing Editor.
Monday, November 24, 2008
Rep. Thad McCotter Speaking About Auto Bail Out
There were "promises" of other jobs taking their place. For the most part that led to service jobs or no jobs at all. So I understand at a citizen level what could happen if the automakers don't get their loan. I don't like it but try living in a former industrial city or community. Closed businesses, empty buildings, increased crime rises and there is no tax base. Only the survivors can support the city and there isn't enough of them. It is no way to live.
This is a video of Rep. Thad McCotter speaking about his perceptions of why this loan is important. He makes good points and he isn't shoveling the usual political BS. It is about eight minutes. I hate the bail outs. I've said as much and will continue to do so, especially when the money is going to institutions and people who caused the problem.
I hate that they are being rewarded for doing so and we, the American people were lied to again. We were forced to write a blank check to the banking industry with no conditions and we have to pick up the tab.
The automotive industry is asking for a $25 Billion dollar loan. Loans have to be paid back. The difference between this and that banking give away is that there isn't going to be trips to spas or rewards for a job poorly done. It is to allow the industry to help them get their act together and move forward.
Just watch the video and think about what the man is saying. I don't have the answers. Maybe we should allow market forces to apply across the board as what was taught to us as a mantra. Or maybe we need to figure out other ways of handling this situation.
Saturday, November 22, 2008
Technologically, This Sucks Pookie DOA
I treated the symptoms and not the source. I meant to. I was gonna strip Pookie down to the skivvies and start over clean. Something always came up. All Pookie wanted was a little maintenance, a new graphics card or a bit more power in the supply. Ah, well.This time around I have a laptop and a netbook so I'm not deprived. I also have an external hard drive that acts as a continuous back up. Except I had it off for three days because I was checking for problems.
I have stuff to do so I need to spend tonight making a decision I don't want to make. Buy a new desktop or wait until after the holidays. I don't like shopping and I don't like holiday shopping even more. Although me and Vista have called a truce this puppy only got a 1GB of RAM and it has locked up on a couple of programs I tried to install.
Do I go Duo or Quad? If I go Quad it will be a 64 bit system? Will it run my old stuff? Is there an emulation mode that will actually work? Good thing I get paid this week but this isn't how I planned to spend what little nickles I'll have left over.
My heart wants Alienware class computing. That ain't gonna happen. It will be ok. I refuse to edit on Windows Movie Maker so that is motivation enough.
Tuesday, October 28, 2008
Andy, Ron and Henry - Stepping Out In Character
I am move moved by how passionate people on all sides of the political spectrum feel about this election. I hope after the election we are still equally motivated to get in their and begin to do the hard work of restoring our nation. That isn't a political act, that would be one of community.
So I'm going to let the fellas have their say as I get ready for work.
Mercy, this election is gonna drive political scientists and historians nuts.
h/t Huffington Report
Friday, October 10, 2008
Tracy Chapman on the Finally Friday Freakout
I have decided to get off the fear merry-go-around. The financial one anyway. I have been waiting for someone or a group of golden parachute troopers to step up and accept that they made a huge mistake. Or admit they didn’t look at the zig when they were grooving on the zag.
But you cannot start a blessing without having a tragedy or two. Well you can but they tend not to get notices near as as much. Americans are hard headed and this is the universal equivalent of a baseball bat upside the head.
We need to start over on how we do business. How we live our lives. How we relate to each other. This is Tracy Chapman and the tune is Make A New Beginning.
Tracy is doing fine. She has a new album that is coming out in November. From what I can gather, she performs most of her musical dates in Europe cuz they got the good sense to appreciate singer/songwriters.
We have temporarily lost our good senses but there is a lot going on. This is an opportunity to clean up our acts. Pay down our personal debt. Put some money in a bank and a credit union and a secret stash (not the mattress!)
Watch out for the flim-flamers who are popping up on late night television and Bus TV. You don’t need their help that will only serve to take more money from you.
You don’t have to listen to doom and gloom about the financial news. Once ever three days will do just fine. If it is really bad three or more people will come running to you to tell you about it anyway. Reduce the auditory toxins.
How long has it been since you have been to the ocean or the mountains? Visited a real park? Stared up at a moonlight sky? Gone for a good long walk without thinking about your problems?
This might be a good time for it.
Friday, October 03, 2008
Yves and Megan on The Bail Out - Confirmation of Some of My Feelings
Then again it is that bald thing. I like smart talented bald headed men. Where was I? Oh yeah fiscal crisis. So like I was saying I was fiddling around and watched this video from BloggingHead.tv
Yves Smith and Megan McCardle were talking about the situation before the passing of the bill. But I think Yves was spot on that this sucker is a palliative and the drug will wear off in weeks.
So when some folks talk about cleaning up Wall Street I think it means getting the hookup so that you too can start a job, be let go after three weeks and get to keep your $7.5 million sign-up bonus and your golden parachute.
Who said bankers were dull? I want to be that dull. Living the dull life. There is a song in there somewhere. Remember, this was after the first version tanked and before the passage of the second version of the Bail Out Bill.
