Showing posts with label Wealth. Show all posts
Showing posts with label Wealth. Show all posts

June 3, 2017

Satisfied and Bless G-d

I loved Chabad Rabbi Schneur Kaplan's speech today in synagogue.

It was about how we can learn to be happy with what we have in life.

The biggest marketing gimmick is to say to the guy, "Look at what your neighbor has next door!"

Jealousy, desire, greed, having more and better than the next guy/girl...

That's what many people live for and how they think.

Some can have as much as the founders of Apple, Google, and Facebook combined and still it's not enough.

If just one person has something more...it can drive that person crazy.

Like Haman on Purim, who had wealth, power, large family and everyone bowed down to him...

Except one person named Mordecai who wouldn't bow.

And despite having everything, but missing that one thing drove Haman so crazy--it was his downfall!

When we eat, we can be satisfied with one slice of pizza and say grace or we can have four slices and still not be satisfied.

How do we look at things?

We can be grateful for whatever we have and say that G-d gave us just what we needed at this time and place.

Or we can look at what we don't have, and forever be bitter and unsatisfied.

What joy we can experience in life when we realize the graciousness for what G-d has bestowed on us and we are thankful for what we have. ;-)

(Source Photo: Andy Blumenthal)
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May 29, 2017

Things Still Happen

So I know that I'm stating the obvious, but still I can’t help but reflect…

No matter how successful people are, things—bad things—still unfortunately happen.

This weekend, I read about how tragedy struck Uber's founder and CEO—of a $70 billion company--and he lost his mother in a freak boating accident. 

A few years back, Facebook’s, powerful Chief Operating Officer and billionaire lost her husband on a treadmill in a hotel.

Other famous people, like superstar icon, Michael Jackson, died at a young age from an overdose. 

Life events can G-d forbid overtake us suddenly and with devastating impact. 

It’s scary, and it just never seems to end (B’AH).

No matter who you are or how rich and powerful, G-d is the most powerful.

While we can control only what we can control, there is no escape from ultimate fate that awaits when it is so decreed by the One Above—it should all be in His ever-bounding mercy. ;-)

(Source Photo: Andy Blumenthal)
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April 2, 2017

Why We Fight?

Well first of all, let me say that I really liked this image on Google the other day. 

Beautiful to see the diversity and brotherhood (and including those with disabilities)!

I had a an interesting conversation with my daughter the other day about why people often don't get along. 

She said something that I thought was really astute:

"If there were unlimited resources, then no one would have a reason to fight!"

Think about that a moment...

Everyone feels they don't have enough or someone else has more then them or they are afraid they won't get their share, and so what happens?

Like jealous little children, we fight for the pail and shovel in the sandbox. 

Only as adults, our sandbox is a lot bigger and it involves hate, bigotry, racism and deadly weapons including guns, knives, and even nukes!

So this isn't the Garden of Eden where everyone prances around free and with plenty and nothing to worry about. 

Instead, everyone has to work "by the sweat of your brow," and there are limits to what we have, and there is fighting over who has what.

Yes, truly "greed is the root of all evil."

What we need to learn and internalize is that it's more important how we act towards each other than what we have and that the real gold in life is the good we do and not the plenty we amass. 

Sure we each need enough to be able to survive and excel as human beings, but it's fool's gold that prevents us from seeing each other as the real brothers and sisters we all are. 

If only we had enough--in both perception and reality--then peace could reign among mankind. ;-)

(Source Photo: Google)
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September 1, 2016

Sh*t Rolls Downhill

Just ten months ago was the gigantic Vale and BHP Billiton dam collapse disaster in Brazil.

Enough iron-ore mine waste rolled downhill to fill the Dallas Cowboys' Stadium more than 11 times--the waste destroyed villages, killed 19 people, and polluted 400 miles of waterways.

But of course, when the report came out this week, all was supposed to be okay, because that's what insurance and obfuscation about what would be done differently to protect people in the future is all about.

Then yesterday, I stopped by some workmen. 

One was at the top of this hole, and the other was underneath.

Underground, the guy is standing in the muddy water and installing a new meter. 

I talked with the guy above ground about how hard it must be too work in these conditions. 

I asked if there were rats down there, and he said "generally no, because it's sealed off."

Yet, it was obvious how tough these jobs are, where people have to get down into the dirty and do the jobs that others don't even want to think about. 

Further on this, I contemplated how in all jobs and things in life, as they say, "The sh*t rolls downhill!"

Meaning basically that we are still living in a class society, with the elites and everyone else, where the top 1% own as much as the other 99%, and the drudgery of life gets relegated down to the lower-rung masses. 

The lower the rung, the deeper the crap you end up working in and doing for others, and on top of it, getting blamed for whatever goes wrong.

The elites hold the power and can do no wrong, and the mediocrity or impoverished can basically do little or no right--that's why they presumably are where they are--they deserve it (or so we are led/forced to believe)!

On the TV, I heard on the news, one elite defending the corruption of another senior official, saying they did nothing wrong--even though the evidence has already shown they have and moreover, again and again. 

There is no truth to be found in the world of the elites--they wish and will do whatever it takes--lie, steal, collude, and even kill--to remain the powerful, the rich, the honored, and the noble. 

The rest dig the holes and can bury themselves in it for all the elite are concerned--they stand at the top and the sh*t rolls mightily downhill from there. ;-)

(Source Photo: Andy Blumenthal)

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July 10, 2016

Lives That Matter Not

With the presumed racially bigoted killing of Black people, we got Black Lives Matter. 

Now with the sniper attack murdering 5 police officers, we have Blue Lives Matter. 

From the unfortunate political response to both, it seems that No Lives Matter. 

With all the violence, and revenge violence, and cycles thereof, it was amazingly sad to hear our President say last week, "I firmly believe that America is not as divided as some have suggested."

Oh, really!

From Trayvon Martin to Freddie Gray to the five police officers killed last week--there sure seems to be a lot of bloodletting for a country that is not all that divided. 

The problem is that the serious racial divisions are only a part of it. 

Economic inequality is another big factor in the equation with the top 1% owning more than 50% of global wealth, and the gap continues to widen. 

And on top of that you have the political elites who perhaps are not only above the law, but are so much intertwined with the law of the land that they can be "100% confident" on doing what they want and not getting in any trouble.  

So does the 99% matter? Perhaps only as much as your vote and/or donation count for the 1% to get and keep their beloved and worshiped money and power. 

One thing that is amazingly clear across the spectrum from the likes of Donald Trump to that of Bernie Sanders is that the system is rigged.

Yet as disparities and inequalities exist in treatment from black to blue, the elites are most able to manipulate the "echo chamber" with loads of spin to give the perception of calm and stability and some breadcrumbs for all. 

Everyone has a chance to live and to prosper except when they don't.  

Still we can gloss over the spilled blood and the ridiculous inequality with some promises, gestures, and maybe even a few handouts--and make you 100% confident that you do matter so very much. ;-)

(Source Photo: Andy Blumenthal)
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February 11, 2016

You're Wealthy Nuts

So Bloomberg Businessweek has a really funny article about all the wealthy people that need to go see shrinks. 

Get this--overall wealthy people are cursed with "Affluenza" (not influenza silly) and have "elevated levels of depression, anxiety, psychosomatic issues (physical symptoms from stress), and self-mutilation."

Some specific reasons they go for mental health help:

- Why Me--A trying issue to deal with is their guilt feelings about being so darn rich, while others are starving, homeless, and can't make ends meet. 

- Feeling A Little Lonely (And Hated)--They can't help thinking that perhaps people only like them for their money.

- Aimless In Life--What's the purpose of their lives if they are living on easy street, don't have to work, and can buy their way out of trouble. 

- Money To Mess You Up--Some people have so much money, they can squander it on bad investments, but also on alcohol, drugs, sex, and so on.  

- Fear Of Losing It All--Terrible thing about having so much money is you have to worry about losing so much money.  

So next time you are thinking about protesting against the top .1% who have as much as the bottom 90%, have a heart because the wealthy have a lot of problems too. ;-)

(Source Photo: here with attribution to Chris Goldberg)
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January 11, 2016

Powerball Powers Past

I suppose the makers of the Powerball lottery never envisioned a $1.3 billion jackpot. 

As you can see the sign only goes up to $999 million. 

Yeah, stupid planning from the people that run the odds (where winning is 1 in 292 million), but they can't figure the odds of the lottery going this high, ever.

Anyway, win it or lose it, someone stands to walk way with a lump-sum payment of $806 million, and after federal, state, and local taxes you're looking at maybe half or less of that. 

Either way, not a bad take-away from a $2 lottery ticket. 

Lots of needy people to help and good deeds to do. ;-)

(Source Photo: Andy Blumenthal)
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December 28, 2015

Social Inequality To Make You Sick

Here's a copy of the sticker price on the car in the lobby of the local mall in Florida here. 

Oh, it's just a 2016 Rolls Royce for a mere $362,225.00

The car was unbelievably gorgeous.

But the extravagance of it compared with the regular poor, hungry and homeless people on the streets as well as the vast majority of all the other everyday middle class people is enough to make you want to puke. 

Immediately after this, when we got back to the hotel, the maid was still in the room cleaning up.

I had the opportunity to see--really see--this lady--this person. 

She was overly respectful, calling me sir numerous times, unnecessarily. 

She was kind in finishing the room quickly and asking if their was anything else we needed.

But I also noticed that despite her labor-intensive job cleaning up other people's shit in the hotel rooms, she had a bum leg and had trouble walking and just getting around. 

I thought to myself why was it that this poor lady was destined to have to clean my and other people's hotel rooms for a grueling living.

The next day, I saw some mini shampoo and conditioner containers that had fallen to the side of the tiny garbage can in the bathroom (didn't make the shot).  

I looked down--I thought for a split second, that's what the hotel get's paid for to clean up and service the guests--but only for a SPLIT second.

Then I bent my own stupid ass over, and picked up the bottles and put them in the garbage where they belong. 

The lady coming to clean the room doesn't drive a Rolls Royce and definitely, neither do I. 

We are one under G-d, and may he bless us all in prosperity, health, and peace. ;-)

(Source Photo: Andy Blumenthal)
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November 10, 2015

The Unsustainable U.S. Economy

The U.S. National Debt often touted at an enormous $18 trillion is really more than 3 times that amount and closer to a whopping $65 trillion!

That's when you actually count all the unfunded liabilities for civilian and military pensions, retiree healthcare, social security, and medicare.

For each of the 318.9 million people of that United States, it mean $203,826 of debt or for a family of four that's a debt of $815,303.

Put another way, the entire net worth of Americans is $84.9 trillion, but after subtracting the debt of $65 trillion, it drops to just about $20 trillion--coincidentally around the amount of our new debt ceiling.

Moreover, with the richest 1% owning more than 50% of the wealth by 2016 that leave only $10 trillion or $31,675 for each of us--not so hoity toity for 239 years of independence and founding as a nation or all the blood, sweat, and tears we put in every day of our lives.

In terms of our escalating debt, just this last year alone, social security spending went up to $944,143,000,000 or the equivalent of $6,345 for every American with a job. and this is projected to dramatically rise with the retirements of the baby boomers.

Projections are for social security to exhaust its funds by 2035, which could result in across the board 20% or more cuts in benefits of the already meager program where many seniors end up eating cat food.

Additionally, the retirement age already set to go to 67 by 2027 could be forced to go even higher, and social security would likely be curtailed or eliminated entirely above certain income levels.

Is this the financial security and brighter future we are leaving our children and grandchildren?

We can kick the can down the road, but the unsustainability of it all will eventually come back to haunt us. ;-)

(Source Photo: here with attribution to Pictures of Money)
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December 24, 2014

A Prayer Of Thanks

My sister-in-law sent over this beautiful prayer.

It is a prayer of thanks to the Almighty.

We thank G-d for:

- Being with us and supporting us with his loving kindness.

- Challenges that teach us, help us appreciate all that we have, and are ultimately for our benefit.

- The wonderful life bestowed upon us and for always listening to to our prayers. 

If we concentrate on all that we have and not on what we don't and recognize that everything G-d does is ultimately for the good, then we can gain strength, persist, and reach ever new heights! 

Hope you find hope and strength in this too. ;-)

(Special thanks to Sarah Herbsman for sharing this beautiful prayer.)
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November 29, 2014

A Richy Rich Reward

Check out this lost dog sign in Las Olas.

Do you notice anything unusual?

Look at the amount of the reward for finding this canine.

---Yes, $10,000!!!

A healthy Teacup Yorkie can run you as much as $2,000.

So this reward is 5x that and this kelev is on meds!

Amazing the meaning of money and dogs. ;-)

(Source Photo: Andy Blumenthal)
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October 25, 2014

What Will You Regret?

My friend used to tell me from his learning that no one on their death bed regrets not working more, instead what they regret is not spending more time with their loved ones (family and friends).

Think about it, could you imagine someone hooked up to IVs and palliative medicines saying, "Listen to me, one thing I've learned in this life is that work is it!"

Sure we should work hard and do a good job, but usually, it's the other way around, where people endlessly chase material things, wealth, power, and prestige...they work days, nights, weekends...and almost to hell with everyone and everything else.

Hey they say, with this beautiful excuse, "I've got to make a [good] living!"

So the people we love and should be caring about suffer, needlessly. 

So of course, it goes without saying that we regret the mistakes we made, the opportunities to do good that we missed, and the hurt we caused others. 

I have some colleagues though that I really admire...who work hard and do a damn good job--they are some of my best people, yet the funny thing is they put family first!

How can that be you say?

I don't know for sure, but perhaps because they know their real purpose in life, and live with balance (work-life, materialism-spiritualism, etc.) and true caring for others, they are able to be more sensible and balanced in getting their jobs done. 

Honestly, these are the people that are able to get things done--presumably at home and with community--but I see it with my own eyes, at work.

Another thing...

My older daughter the other day sent me an article about people sick (with cancer etc.) and dying and how they look back at life and one thing they wish is that they had appreciated their bodies more. 

I guess now that their bodies are sort of degrading with illness and age, they appreciate what they should've appreciated, but likely didn't before, their physical health.

Some of them said things like they wished they had exercised more, enjoyed sex more, spent time outside enjoying the beauty of the world more, and so on.

I've been thinking about this, about my body and my physical senses and what they mean to me.

What is the most beautiful thing I've ever seen, the sweetest smell, the best voice or music I've ever heard, the most luscious taste, or the softest thing I've touched. 

It really is amazing the senses that G-d gave us and the beauty all around us that cradles us in this world.

We need to savor the great creation that G-d has bestowed on us and take care of those we love around us. 

Maybe that's why we fight for life, until we can't any longer. ;-)

(Source Photo: Andy Blumenthal)
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September 27, 2014

Mars On A Dime

So no one can seem to believe that India made it into orbit around Mars for just $74M.  

According to the Wall Street Journal that compares with $671M that it cost NASA (which arrived just 3 days earlier than India's) and the European Space Agency's mission that cost $386M in 2003,

But aside from the Indian's being able to achieve a Mars mission at a tenth the cost of what we did, BBC reported that they also did it $26M cheaper than even the cost of the science fiction movie Gravity with Sandra Bullock about the International Space Station. 

While we clearly go the extra mile and are able to do great things--why does it always cost us so much to get there?

Perhaps, you can say that we are somehow more diligent or careful in our work (i.e. putting a premium on safety) or that it's just the higher cost of labor in this country or that we are early innovators and incur the costs of research and development that others than leverage. 

However, even though we are considered a very wealthy nation, it is fair to ask whether we are managing our wealth with discretion and an eye to the future or do we just take it for granted and are wasteful with it?

With a $3.9 trillion federal government budget (note, this is a full 21% of the entire U.S. economy/GDP), we are talking about some serious money, and we should be getting the most for it.

Unfortunately, the gravy train extends from certain "Beltway Bandit" contractors--e.g. remember the $640 toilet seats, $7,600 coffee makers, and $436 hammers uncovered by the Project on Government Oversight--and apparently all the way to mission Mars. ;-)

(Source Photo: Andy Blumenthal)
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July 2, 2014

Money, It's Something

Just an observation today about there being so much poverty in the Nation's capital and around the country. 

Homeless, hungry, and sick people on the streets in one of the richest countries in the world. 


Yet, we have trillions going overseas to fight wars with seemingly little to no tangible benefits.


And so much ostensible waste with pork barrel politics, inefficiencies, and failed projects. 


A relative joked with me the other day saying, "It doesn't matter if you're rich or poor as long as you have money!"


Here we borrow money ($17.6 trillion ) and print money and the Federal Reserve buys debt ($4.1 trillion ) to keep interest rates low and the economy churning.  


People from real estate mogul, Donald Trump to Economist, Robert Wiedemer, who predicted the last recession, are warning of dire economic consequences because of these short-sighted policies. 


So do we have real money to continue to burn or is it smoke and mirrors and as Wiedemer says, "the medicine will become the poison"--what do you think?


(Source Photo: Andy Blumenthal)

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January 17, 2014

China's Dangerous Socioeconomic Malaise

Fascinating article in the Wall Street Journal today on China's "Left Behind Kids."

While we hear about China as the rising Asian economic powerhouse, we do not often contemplate the socioeconomic impact of what is occurring there on Chinese families. 

As China rises to economic superpower status, more than 250 million migrant workers pour from the poor rural parts of China to the cities to supply the  relatively cheap labor to keep manufacturing humming and the economy brimming with growth.

Those left behind are 61 million Chinese children, who are growing up without one or both parents. 

One in five Chinese children haven't seen their parent(s) for at least 3 months.

But laws in China prevent children from coming to the cities with their parents in order to stem the flow of migration from rural areas. 

Chinese parents are saying, "We'll go wherever we can get the highest pay,"

Children are saying, "What's the big deal of having no mother anyway? I can grow up without a mom."

So while smog and pollution is spoiling beautiful China cities and harming people's physical health, the greater concern is that children are missing out on the loving, bonding, caring, and guidance that comes with a regular parental presence and good sound parenting from them. 

Understanding that strong parent-child relationships are critical to the formation of mental, emotional, and spiritual health of the children, the numbers and severity of Chinese children that are missing out on this is of great concern. 

While some children may be okay under the care of able grandparents along with regular visits or calls by parents, many others children, who don't have this, could end up having serious mental and emotional problems.

Already "more than 70% of children in rural China show signs of mental health problems such as anxiety and depression."

And as is often the case, anxiety and depression turn into resentment and anger.

With tens of millions of left behind children being forced to fend for themselves and hundreds of millions of migrant parents living in "dormitories, tents, or bomb shelters" away from their families and homes, what we have here is a bonafide socioeconomic ticking time bomb. 

Political pundits often point to the concern of China's power elite that the people will rise up against them and the Communist Party,
but I think the far bigger concern is to those outside of the system altogether. 

In my mind, the destruction of the core family will ultimately result in a tsunami of frustration, anger, and a weakening of social values.

Moreover, this  could very well spillover and lead to a dangerous rise of militancy, where people do not want to lash out against their political system or leadership, but rather against everyone else who took the goods that left them economically richer, but poorer in just about every other way. ;-)

(Source Photo: Andy Blumenthal)
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September 13, 2013

For Yom Kippur



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August 17, 2013

New York?

This is not the New York I remember (dirty, crowded, dangerous--ugh!). 

My daughter went on a Shabbaton to the Big Apple.

They put her up in an amazing multi-million apartment overlooking Central Park. 

The contrast between the city and the nature-y park is stark and stunning. 

I guess the have and have nots are alive and well in NY. 

But wow, this would be nice to wake up to in the morning. ;-)

(Source Photo: Michelle Blumenthal)
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June 13, 2013

Total CIO Ping Pong


Excuse the quality of this video, which my wife took while challenging me to a game of ping pong.

So what's the point?

It's important to work hard, but also to enjoy life and have some good times as well.

There is a Talmudic saying that he who goes through life without enjoying the world will be held accountable by G-d.

Aside from Judaism being against strict asceticism, this saying always sort of bewildered me, like why would religion need to tell you to enjoy yourself? 

I think the answer is that in our zeal to advance ourselves--whatever that means for each person (accumulating wealth, offspring, expertise, fame, wisdom, spiritual growth)--we can go overboard, become obsessive-compulsive, and forget to refresh, rejuvenate  and just relax and enjoy the life too. 

You don't have to deny yourself; but also, you don't have to go crazy and be a pig either--just be balanced.

Play some ping pong or whatever, let loose a little, and be yourself. :-)
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June 12, 2013

The Money Pit

So I'm visiting this absolutely delectable Italian bakery in fancy-schmancy Las Olas.

The Sicilian pizza by the way is amazing.

We are there for a while enjoying the food, conversation, and ambiance. 

My wife offers to take a picture of me in this great place. 

The lady behind the counter is so nice and let's me join her behind the counter for a moment.

In comes an obviously wealthy customer and as he sees me going to take a quick photo, he makes a big "Hmmmmm!"

The lady graciously says "Just one moment sir."

And irritably waiting for just this brief moment, he blurts out, "I'm the customer and my money comes first!"

When he said this, another lady in line made a huge shocked face--as did we all.

It is incredible how some people's money goes to their head and they don't realize it all comes from G-d and can just as quickly be taken away.

Wealth, health, our loved ones, and happiness--they are ephemeral and we should be ever grateful for them for as long as we have them.

Being arrogant and thinking we are better than the next guy--that we are somehow more deserving or above it all--is a huge fallacy and G-d sees all. 

Maybe this rich guy's money comes first to him, but I imagined the Master Of The Universe hearing these words and having the last eternal laugh. ;-)

(Source Photo: Andy Blumenthal)
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