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Showing posts with label financial. Show all posts
Showing posts with label financial. Show all posts

Saturday, October 29, 2011

Folks Don't Understand Being Broke

Posted on 8:32 AM by Unknown
I was having a conversation with about the Occupy movement came up. My friend said something to the effect that instead of occupation what the young folks should do is collectively buy stocks in corporations and effect change from within the system.

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.
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Posted in changes, financial, thinking | No comments

Tuesday, September 27, 2011

The BBC, Rastani and My Lack of Sleep

Posted on 6:27 PM by Unknown
On September 26, 2011. Alessio Rastani scared the hell out of folks in the UK and Europe. He worked my nerves something terrible. I was so messed up I couldn't even read or do anything worth a damn.



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 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 to 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.
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Posted in education, financial, frustrations, media, responsibility, survival, thinking | No comments

Friday, July 1, 2011

Dear New York Times This Is Why I Haven't Been Back

Posted on 10:56 AM by Unknown
Dear NYT,

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.
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Posted in financial, journalism, ramble | No comments

Saturday, October 23, 2010

Dan Roan - Bank Bonus Explaination from BNet

Posted on 6:24 AM by Unknown
So the dude from Countrywide is gonna beat the rap. Not even go to trial?

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?
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Posted in ethics, financial, frustrations | No comments

Thursday, September 23, 2010

Statistically Speaking I'm Amazed

Posted on 4:06 PM by Unknown
I got sprung from the Salt Mine earlier than expected today so I actually can spend time doing what I want to do. I was looking at my Blogger Dashboard and I noticed the new to me blog statistics feature.

Stat Map
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.
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Posted in computers, creativity, culture, financial, poetry, sex, technology | No comments

Sunday, August 29, 2010

Health Insurance Workshop for Artists At The Armory

Posted on 10:16 AM by Unknown
For those in the Pasadena, CA area and are of the artistic persuasion you might want to consider attending a free workshop called Health Insurance 101. I don't know much more about it than the post card I picked up 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.
Folks, I don't know if this is truly informational, a sales pitch or a two for one deal. If you go have a pound of questions ready and don't sign anything until you check it out.

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.
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Posted in artists, financial, health, resources | No comments

Monday, August 9, 2010

The Things I'd Want Other Women to Know

Posted on 11:30 AM by Unknown
Last week I saw the movie Deep Impact at the hotel at BlogHer 10. I couldn't sleep. Jet lag I think. Anyway, the impending comet of doom is coming and the population is being selected for New Genesis, I think.

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.
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Posted in culture, financial, sex, spirituality | No comments
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