October 30, 2008
The legacy of Mr. Cundo Bermudez will resonate throughout the art world and Cuban community for many more decades to come, but this is a sad day for this blogger. Mr. Bermudez was a kind soul whose personality was as vibrant and colorful as his masterpieces. One often hopes that such great talent grace the path one walks in a lifetime, and so was the fortune of this proud Cuban blogger. We will never forget you, Cundo!
Gracias por haber sido parte de esta contribucion. Ha sido un honor conocerte. Descansa en paz.
October 21, 2008
As a working fool, suffering from autopilot syndrome, one can easily miss the realization of how Wall Street has been operating for the last several years. There is this thing called hedge funds, which eludes the knowledge of many a poor soul (as the song goes), whose focus is on the banal trappings of day-to-day survival.
Wise fools become hedge fund managers, raking in billions for doing nothing more than betting on the market. From this phenomenon result the so-called speculators that the media may at times refer to amidst the topical discussion of economic stress. These Wall Street boys (they are male) sit on pots of gold that have no intrinsic value as such, only a subjective quality that is at the mercy of human emotion.
Then there is the strongest of all emotion, love—nay infatuation to the point of insanity—over something called oil. The speculation over this tangible black gold is urged by what these managers of nothing know all too well to be a blanket guarantee: The perception of a need intoxicates the senses to the point of pure altruism. To the detriment of the altruist what is sacrificed is ten-fold in value to anything that the crude can offer, because it translates beyond the self.
Along come they who labor in earnest to salvage the economy, an economy that they helped create, when the boys in the penthouses summon government to provide the vehicle for their escape (their parachute). Under such circumstances no one can claim a victory for capitalism and the free market system. Moreover, no one can earn a merit badge for ethical conduct; not even the ones paying for the bill. Greed and avarice envelops the meekest of the bunch, and within their influence all creatures get sucked into making decisions they rather would not. And when that happens, liberty has been lost.
October 11, 2008
The clash of Titans stirs up a lot of dust, while heroes fight the real battle under their feet. It has been so from the beginning of time that triumph is a silent honor for the unsung hero. These angels subsist beyond the measure of any recognition; they walk among the proud and spite the mighty tyrants through simple acts of love. There is always hope when one calls upon one of these meek servants, who oblige one to return a favor to one less fortunate.
October 12, 2008
September 18, 2008
Capitol Hill cannot balance a budget, what makes our politicians think they can act on taxpayers’ behalf as an investment agent? Now the bailouts are rescues, and the American Citizen is garnished with the title of investor, in an economy where corporate mismanagement and crime run amok. The garnishing is just that, to prepare one for total consumption. Are we not seeing an incredibly disturbing pattern here? The insult to injury is that people whose retirement hangs in the balance of AIG’s incompetence are the same people who are expected to flip the $85 billion bill to keep it alive.
We must keep it alive though…it is critical to our economy. Neglecting our collective duty to pitch in and rescue AIG—or the mortgage finance market for that matter—would be not only negligent, but also unpatriotic. So, where does accountability come in? The Private Citizen, that underdog with the superpower to save the day by forking out her hard earned cash through tax levies, is the one accountable—holding that bag of (you know what) that politicians keep throwing her way.
Yet, do not fear, we know that this 80% commitment (the equity stake) will ultimately render a high yield for our investing taxpayer. Is that so? When may we expect our dividends? Will they come via another $600 tax rebate next year, or the year after that, or in a decade, or our lifetime—after our children pay off the war debt? We the People…people…pawns.