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Showing posts from September, 2008

Staying Alive

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Well, we didn't fall into the financial abyss.......yet. The Dow Jones Average finished up 485.21 today. The Nasdaq finished up at 98.60. I took a peek at my stock holdings (I couldn't bear to yesterday) and I saw where some of the loss was made up from yesterday. The financial crises isn't over yet. McCain is more erratic than ever (is he proving just how dangerous he is or what?) Bush appeared before the cameras again this morning. Were you reassured? One commentator on MSNBC said he looked like a beaten dog. That was an appropriate metaphor. What a mess we are in this country. Just yesterday, Wachovia Bank "merged" with Citibank. Wachovia is where one of my pension checks come from. This is hitting close to home now. I can see all too clearly how a recession would affect me. My part time job is important to help me pay my bills. Bills that I didn't anticipate when I retired to Delaware. The biggest bill is a 30 year mortgage that I have on my home here in

Financial Armageddon?

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The Dow Jones Average dropped 777.68 today. The largest point drop in U S history. The NASDAQ dropped 199.61. Is this our financial Armageddon? Probably. Shortly after the great Dot Com bust of 2001 I put away some cash just for this financial meltdown. Over the years since then I've thought a few times that perhaps I should have put that money in a CD. At least I would have earned some interest. After what happened today with the stock market, I'm glad I set aside some cash. We're in a terrible place in this country now. The hubris and greed of Wall Street unregulated got us here. This is the result of the deregulation of the financial institutions and markets that were put in place over the last seven years of Republican rule. The chickens are coming home to roost. Now John McCain is blaming Barack Obama for the whole mess. The ignorance and arrogance of John McCain defies belief. God help us if this man is elected president.

One More Week

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Just one more week! The past five weeks I have been working full time at the Inn, filling in for a co-worker who is on maternity leave. She is schedule to be out six weeks. That means next week is my last week of working full time. I'm glad I had the opportunity to work full time. First, it enabled me to sharped my skills at the front desk. Only working twice a week, during the night shift, doesn't expose me to all the different situations that a front desk clerk encounters. Also, working one day after another full time, enables me to pick up my speed. I've also learn how to lay out the breakfast. This morning was my first big test in that category. I passed! Tasha, the regular breakfast hostess came in and pronounced, somewhat surprised, "You did well." You know what? That compliment from her meant just as much if not more than my boss complimenting me on a job well done. Working full time has put more money in my bank account too. That money enabled me to pay

Clean Bill Of Health

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This morning I got up early to catch the American Legion van ( Post 28 , the largest American Legion Post in the United States) to the Wilmington Veterans Administration Medical Center. I had a 9 AM appointment with the dermatologist. I didn't get much sleep last night because I worked at the Inn until 11 PM. I had to get up this morning around 4 AM to put myself together. One of the downsides of my retiring to Delaware is that I am quite a distance away from the nearest VA medical center. When I lived in Downingtown, I was 10 minutes away from the Coatesville VAMC . Fortunately for me though, the local American Legion Post 28 provides a van four times a week to transport us veterans to the Wilmington VAMC. Although I now have full insurance coverage through Medicare Part A and B and AARP supplemental insurance, I still use the VA for my medical care. Why? Because they take great care of me. Their focus is different. Unlike private medical care, the VA doesn't operate by how

Coming Down The Stretch

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Only two more weeks left on my current temporary gig at full time work schedule. While I don't mind working full time, it doesn't leave me much time for what I really like to do - working in my garden and posting to my blog. While I appreciate that opportunity to work full time I'll be glad when I go back to part time work. At this time of my life, my routine and lifestyle is more suited to working part time. Working part time gives me the opportunity to have the best of both worlds. I have the freedom of retirement and yet still have the discipline of the workplace. I realize this doesn't work for everyone but it is what works for me. I guess I'll always work. At least as long as I can get up in the morning and put on my pants and shoes. However, it is getting tougher putting those shoes on.

Wild Ride

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How about that stock market this week? Talk about a wild ride! Hopefully the free fall of the stock market is at an end with the promise of the emergency infusion of funds from the Federal government to save some companies that are too big to fail. My fear is that the worst is not over. I would like to think that we have hit the bottom but I think that is wishful thinking. I watched what few shares of stock that I have sink almost 50% in two days. So here in my lifetime I have seen my IRA value drop by over 90% during the bursting of the Internet Bubble of 2001. Then two years ago I got caught in the beginning of the Housing Market Bubble and was trapped into paying two mortgages for almost a year. I finally sold my house for a lot less than I had planned and as a result I now have a mortgage that will be paid off when I'm 95 years old. That's one reason I'm still working, to earn enough money to pay my monthly mortgage. That's not the only reason I'm working dur

Like a Lead Balloon

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Well folks, in spite of what presidential candidate John McSame said yesterday ("The economy is fundamentally strong), the stock market sank like a lead balloon yesterday on the news that Lehman Brothers declared bankruptcy . Of course the one stock holding I have left also dropped drastically in value yesterday. Thus the great Ripoff continues under this Republican administration. And yet we hear "Extend the Bush tax cuts! The economy is fundamentally strong! I'm the change agent! Barack Obama is a Muslin! Sarah Palin is our saviour!" Do you get the feeling that the world is closing in around you? Shortly after George Bush took office I took money out of my bank account (cash) and placed it in a safe place just in case the whole banking system collapsed. At the time some friends of mine thought I was taking extreme measures for something that was unlikely to happen. My "extreme measures" are seeming less and less extreme every day. Fact: I sold all the s

Three Down, Three To Go

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Ah, I've completed half of my temporary full time job obligation. For the next two days I plan to luxuriate and just do nothing. Actually, I won't do "nothing." I will do whatever hits me fancy at the moment. What's hitting my fancy right now is to update this blog. Somehow I don't feel that my day is complete until I make my daily blog entry. In the past three weeks, there are some days that I am just too exhausted to think straight. Did I say "straight?" Me saying "straight" is like McCain saying he's a "straight talker." McCain is anything but a straight talker these days in which he will say anything, lies included, just to get elected president. But, I don't want to get into my political views on this blog (that's for my "Ron Sees The Light" blog.) Sometimes I just can't help myself since following politics is and has been one of my passions. Back to my full time work schedule. I am finding that I e

Voting

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Running late here. Working full time is digging into my blog posting time. It is late at night now. I have to get up early tomorrow morning to be at work by 7 AM. However, I did want to post a blog about my voting experience on Tuesday. I wasn't aware that Tuesday was primary voting day. I'm from Pennsylvania where the primary election takes place in the spring. The last several years I worked the polls at a church nearby my home. It was a job I looked forward to every year. I got a chance to meet many of my neighbors plus participate in democracy. From my earliest memory I've been interested in politics. In fact, my earliest memory of a political convention was the 1952 Democratic Convention in which Adlai Stevenson threw his choice of vice president to the open convention. Estes Keufauver was selected. There have been many conventions since. I've watched all of them. Perhaps the most traumatic for me was the 1968 Democratic Convention that was held in Chicago Illin

Bring On The Fall

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Bring on the Fall! I'm ready. The Praying Mantis is ready. Summer was nice. I really enjoyed those long, hazy summer days. What a pleasure to work in my gardens until 8:30 in the evening with the sounds of summers soothing my soul. A special treat for me were my long pleasant evening walks through my development. The warmth of the summertime sun on my skin was almost erogenous. The smell of freshly cut grass brought back memories of my Fifties childhood when I would mow my neighbor's grass for 50 cents. The noisy cacophony of Purple Martins, bluebirds, and even the determined sparrows building their nests, feeding and raising their young added to the special magic of the summertime season. But, all good things must come to an end. However, I do not meet the end of this summer season with sadness. It is time for a change. I love living where I can experience the change in seasons. While it is true that as I get older I do not like the extremes of the summer and winter season,

Hurricane Hanna and the Wedding

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Today I'm well into my second week of working full time at my hotel job. This weekend we had a wedding planned for today. All the preparations went on early in the week. The tent in the parking lot. The wedding planner darting back and forth. The bride and groom constantly changing room assignments for guests. Finally, the Big Day arrives. But guess who else arrived? Hanna. Hurricane Hanna. The Mother of the bride fretted and tried to get an assurance from the wedding planner that Hurricane Hanna wouldn't blow through just as the wedding guests were dining and dancing in the tent at the wedding reception. Finally, a decision was made. No tent. The wedding would be held indoors. The reception would be held at the bride's Mother's house nearby. Saturday, the Big Day of the wedding arrives. The morning sun rises on the eastern landscape, causing the early morning fog to evaporate. I arrive early in the morning to unlock the hotel. Outside, propped up against a column is

The Republican National Convention

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Here I am, sitting up late listening to Rudi Guilani knock Barack Obama. I'll have to admit, he's getting in some good shots. I should be in bed now so I can be all fresh and ready when I get up at 4:45 AM tomorrow to get ready to go to work. I'm interested in Sarah Palin's speech. Listening to Guilani I'm reminded of Anne Richards and her speech at a Democratic Convention knocking the first George Bush. That speech backfired on her because George Bush was elected president and she lost her job as governor of Texas. Interesting how Guilani feels the need to belittle Obama and build up Palin. While I'm sure she's a very nice lady, but a vice presidential candidate? One beat away from the presidency? I don't think so. Of course all those who are drinking the Right Wing Republican Kool-Aid will find that she is the MOST qualified candidate for vice president. This is going to be an interesting election. It will be close. There are those who will never vo

Day Off

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Ah relaxation. Today was my first day off from work after a five day stretch. That's the good thing about having a job. One does appreciate the days off so much more. When I first moved down here to Delaware after a horrendous experience in selling my previous house, I took about three months off. I did nothing. However, after a time I realized I needed a job. Not only to help with my new mortgage payment (as a result of selling my previous house for a lot less than I had planned), I needed a job to structure my life around. However, the trick was to establish a balance between work and leisure. Working two nights a week and every other weekend, I have established that balance. Recently I was asked to temporarily work full time for the day time front desk clerk who is on maternity leave. I agreed without hesitation. I was anxious to see how I could handle working full time again. It wasn't bad. However, it wouldn't want to be doing it for the next 40 years like when I be