Saturday, December 29, 2007
Update on Retirement--Christmas 2007
We looked at options for my mom when she moves here next year. We found some good choices here in Sun City. We are going to continue scouting things with a view towards making a final decision in February. We are so happy that she has decided to join us in Texas.
I'm still enjoying retirement, probably more each day. Here are a couple of pictures showing how I spend my time--napping with my granddaughter and my puppy.
Friday, December 21, 2007
More Changes
Here's a picture of them both.:
Wednesday, December 12, 2007
Smoking Crack
But it also made me think about some of the news stories I've read lately regarding the Bush presidential legacy. Apparently smoking crack has created severe short term memory loss on the part of some of the media. The assessment that shocked me the most was the idea that Bush's legacy might be written in a more positive vein if the current surge in Iraq yields positive results. After lying to get us into Iraq in the first place and squandering thousands of American lives, can any subsequent success rehabilitate the Bush presidency with respect to Iraq?
If a criminal, after a long and vicious crime spree, finally stops, should we hold him up as a paragon for ceasing his criminal acts? Or should he be remembered (and brought to justice, if only in the history books) as the criminal he actually was?
Thursday, December 6, 2007
A Modest Proposal
Anyway, back to the point. Here is Reich's commentary(with some emphasis added):
It's the Economy, Stupid -- But Not Just the Current Slowdown. | |
Most Americans are still not prospering in the global economy -- addressing this means thinking bigger than tax cuts or spending increases. | |
Robert B. Reich | December 5, 2007 | web only | |
According to new polls, the economy is the number 1 issue for American voters. But that's not just because the economy is slowing and mortgages are harder to come by. The real reason is middle-class families have exhausted the coping mechanisms they've used for over three decades to get by on median wages that are barely higher than they were in 1970, adjusted for inflation. Male wages today are actually lower than they were then; the income of a young man in his 30s is now 12 percent below that of a man his age three decades ago.
The first coping mechanism was moving more women into paid work. The percent of working mothers with school-age children has almost doubled since 1970 -- from 38 percent to about 70 percent. Some parents are now even doing 24-hour shifts, one on child duty while the other works. I call these families DINS - double income, no sex.
When families couldn't paddle any harder, we started paddling longer. The typical American now works two weeks more each year than 30 years ago. Compared to any other advanced nation we're veritable workaholics, putting in 350 more hours a year than the average European, more even than the notoriously industrious Japanese.
As the tide of economic necessity continued to rise, we turned to the third coping mechanism. We began taking equity out of our homes, big time. But now that home prices are sinking for the first time in decades, this final coping mechanism no longer keeps us afloat. As Moody's reported last week, defaults on home equity loans have surged to the highest level this decade.
In short, it's the economy, stupid. But not just the current slowdown. The underlying problem began around 1970. And any presidential candidate seeking to address it will have to think bigger than stimulating the economy with tax cuts or spending increases. The fact is, most Americans are still not prospering in the high-tech, global economy that emerged three decades ago. Almost all the benefits of economic growth since then have gone to a relatively small number of people at the very top. The candidate who acknowledges this and comes up with ways to truly spread prosperity will have a good chance of winning over America's large and largely-anxious middle class.
This column is adapted from Reich's weekly commentary on American Public Radio's Marketplace.
The first step would be to have a rational tax code that reflects our country's commitment to egalitarianism (and this is only a first step--it's a long way from solving the problems that Reich discusses in his commentary).
Craig's tax proposal: Find the median salary for public school teachers in the ten largest US cities. All income earned by any person below that figure would be exempt from taxes. Above that level, there would be two marginal rates: 20 percent and 50 percent. There would be no deductions for anything and any kind of income--wages, interest, capital gains--would be taxed. The levels at which the marginal rates apply would be set (for now at least) at points that would yield the same level of income to the government as it receives in 2007, except that all income over five million dollars would be taxed at the higher rate. There would be no corporate income tax, but there would be limits on the wealth a corporation could hoard--they would either have to reinvest it in the business or pay it out in dividends.
There are a lot of other things that need to be fixed, too--health care, Social Security, Medicare, etc., but the tax system would be the easiest if we only had the will.
Sunday, December 2, 2007
Brunch with Friends from the Fed
The group included most of the people I worked with or for over the past couple of years. here's a group picture.
The level of celebration increased when Susan noticed a beautiful ring on our friend Kristin's hand. Turns out her boyfriend Bob had proposed to her when they were in Ireland a couple of weeks ago. She hadn't yet been back in town to tell everyone the good news. Bob designed the ring himself and it's beautiful--a solitaire diamond with two square emeralds on either side (they are of Irish descent). Here's a picture of Kristin and Bob.
This will be the last post from the frozen north. Tomorrow we're headed for warmer climes. It's been a good visit--we got to spend time with the things we miss most about Chicago--our family and friends.
A Growing Puppy
Here are some recent pictures.
and playing with a new favorite toy.
It turns out that she is a very good traveler, so it was a good idea to bring her along. She doesn't mind the cold nearly as much as we do.
Return to the Frozen North
But despite my griping, the trip has been worth it. The kids are as cute as we remembered, Robert and Sarah run a comfortable hotel and it was great to reconnect in person with our friends here. Nonetheless, tomorrow we are hightailing it south.
Tuesday, November 13, 2007
Life with a Puppy, etc.
Susan and I have started using the fitness center. We met with a trainer who set up a regimen for each of us based on our needs. The center here is very well equipped. There is a double set of exercise machines as well as free weights. In addition, there are about 20 treadmills, 10 elliptical machines and a dozen or more bicycles. Susan is going to start water aerobics this morning in one of the pools. Right now there seems to be a good balance between the number of users and the quantity of equipment--we never have to wait long, if at all, for the machine we need.
We've also started playing more golf. Unfortunately the quality of our play is not improving as fast as we'd like. Mostly it's a problem of consistency-- a few good holes or even a good nine--followed by some spectacularly bad play. I've started posting my rounds so I'll have a handicap index soon. It's not going to be pretty. But I'm optimistic. I just need to use better judgement and hit fewer abysmal shots. I think I'll be solidly in the 80s soon. The real challenge will be improving after that.
I did finally spend the Golfsmith gift card that my Fed colleagues gave me as a retirement gift. I got a new Nike driver. I think I'm going to like it a lot. Thanks to all of you for this assistance in improving my game.
I've also started doing a little consulting work for the Fed. The early work will be gratis--sort of on spec--in anticipation of more work later, because the IRS doesn't like for companies to pay recent retirees for doing work similar to what they did before retirement (the reasoning escapes me). I'm working on transforming a course the Fed uses for examiner training so that it can be taught to non-US examiners. I've finished the first lecture and I'll start on the second one this week.
We're planning for our first trip back to Chicago. We want to make it before it gets too cold. This fall has brought home to us one of the reasons why we moved to Texas. Today the high will be 83 and tomorrow 87. We'll have a cold snap on Thursday and Friday with a high of 68. Fall here is very nice. Anyway, our plans right now are to leave the week after Thanksgiving, stop and see my mom in Springfield and then stay in Chicago at least through December 2. There are a lot of people we want to see and we'd like some extra time with Rob, Sarah and the grandkids.
Monday, November 5, 2007
Our New Family Member
We're just getting to know one another, but Ginger seems to be adjusting to us pretty well. It remains to be seen how we'll adjust to her. We're in a better position to train and raise a dog now that we're retired and we hope to avoid many of the mistakes that we made with our first two dogs.
Here are some early pictures:
Sunday, October 28, 2007
Halloween Update
I have noticed a couple of differences about retirement--I never know what day it is and I've stopped wearing my watch. It's not that time is less important, it's just that it's less important when it is. I do have to keep track of tee times, so on those days I do pay a little more attention to the time.
Speaking of golf, I'm still waiting for my game to come around. My main problem is not that I don't have any good rounds, it's that I'm really inconsistent. A couple of weeks ago I shot 90, which for someone who's played as little as I have over the past few years is not bad. But my 90 for 18 holes was made up of a 52 on the front 9 and a 38 on the back 9 (that's 16 over par and 2 over par). In Florida, I shot 98 one day and 83 the other on courses of equal difficulty. I'm hoping that the good scores are where I'll end up.
We wewnt to a pumpkin carving/backyard warming party at Chris and Tim's last night. It was a lot of fun. Tons of good food (Tim is a fabulous cook) and some pumpkin carving. Here are some pictures. My granddaughter as a cat:
And some pumpkin head:
Here's how I keep up with the grandkids. This is my daughter and me talking to my Texas grandchild:
She's an early Skype adopter. She also has pretty good hardware for a five month old.
Sunday, October 21, 2007
Vacation in Orlando
It was a lot of fun accompanying Rob and Sarah and their kids to the parks. All the grandkids were amazingly well behaved. Except for Friday (when Rob and I played golf) the lines were short and we were able to see almost everything we planned. The weather was unseasonably warm, but the new Texans seemed to mind it less than the Chicago part of the clan.
Here are some pictures from the parks:
All the older grandkids are crazy about Star Wars, so at MGM we had to do all things Star Wars. The Jedi Training Academy was a must, where all three kids hoped to be selected for training. As luck would have it the Jedi master selected our granddaughter to be one of his padawans (students). The boys hid their disappointment well and were proud of their little sister. Here is our granddaughter undergoing training (note the mouse ears) and dueling Darth Vader:
Our youngest granddaughters got a chance to get reacquainted. It's a shame they are so close in age and so far apart geographically. They are both beyond cute. That's Rob and Sarah's girl on the left and Chris and Tim's daughter on the right.
We're on our way home now (actually in Baton Rouge just off the LSU campus). Next week it will be back to the retirement grind.
Thursday, October 4, 2007
Am I retired?
I really appreciated the gifts, but more than that I appreciated all the nice things people said about me. I feel really fortunate that I had the opportunity to work with so many outstanding colleagues over the past nine years. I have to admit that all the attention has embarrassed me a little because I know that a lot of what is being credited to me belongs just as much to the people I've had the pleasure to work with.
The visit was nice and seeing everyone was great, but I find that I have no regrets about retiring. I'm sure that partly it's because I haven't yet come to the point where I'll have to ask myself "OK--what do I do next?" There's also the prospect that I'll stay a little connected through some of the work I've agreed to do for the System over the next few months. It's nice to be able to ease my exit. I'm out of sight, but not entirely out of mind.
Monday, September 17, 2007
I Survived Austin City Limits
All this was complicated by 90+ degree temperatures and my nine year acclimation to a more northerly climate. The first day was the worst (and I probably overestimated my ability to withstand the weather, as well) but things got progressively better during the weekend, comfort-wise. I think I paced myself better and sought the shade when I got too hot.
The Austin music crowd is as eclectic as they come and not just because a lot of people like a lot of different kinds of music. In Austin, a lot of people like all kinds of music. There were a lot of teenagers and 20-somethings at The Preservation Hall Jazz Band performance and a lot of older folks at Arcade Fire (I was one of them, but more on that later). The list of performers ran the gamut from folk to outlaw country to rap to Bjork (one of the headliners) to Reggae (not one, but two Marleys--Ziggy and Stephen) to Cajun to stuff that was really weird. In short, if at any time during the festival you couldn't find something appealing, you weren't trying very hard.
For me, the best thing about the concert was that I got to hear a lot of performers that I might not have been willing to pay to see by themselves, but whom it turned out I liked--sometimes a lot. I did get to see the Indigo Girls, Charlie Musselwhite, Asleep at the Wheel, the Preservation Hall Jazz Band and, of course Bob Dylan and His Band--any of whom I would have paid to see. But I also got to see Heartless Bastards, Joss Stone, Raul Malo, Kaiser Chiefs, Kelly Willis, the Decemberists and Arcade Fire--any of which I'd pay to see now. All in all, I saw all or most of 24 acts over the three days.
My favorites were the Indigo Girls (who gave an unbelievable performance--they can really rock), Charlie Musselwhite (I love Blues harmonica), Raul Malo (great voice, a sort of Cuban/country/Salsa--in the program he was described as a blend of Sinatra, Orbison and Tito Puente.), Arcade Fire (I never saw so much energy on stage before--they blew me away. They--I'm still not sure how many of them there were; the program said seven, but the reviewer said 10 0r 11--played every instrument from a steel drum to a real pipe organ, including violins (two), french horns and trumpets. They were fabulous.), and Bob Dylan (I think I liked him more than most of the crowd. He was at his vocally impenetrable worst, but the music was sublime. His side men are some of the best in the world. Everybody complained that they couldn't understand what he was singing and to be fair a lot of it was hard to parse, but on the other hand, I could hardly understand anything that Arcade Fire sang, but that didn't keep me from appreciating the experience. People seem to have different standards for different groups. The performance was complicated by the fact that the two jumbotrons on either side of the stage showed nothing but wide shots of the band--no close-ups of Dylan or his band. It was so different from the other performances that I figure it had to be at his request. I loved the performance (I was able to cross something off my list of things to do before I die--see Dylan live) but it wasn't as satisfying as it could have been.
It was a good start to my Texas experience.It may take me a week or so to recuperate, but at least I didn't have to go to work this morning.
Monday, September 3, 2007
Goodbye Chicago
Wednesday and Thursday I said good bye to all my friends and colleagues at work. They have been a big part of my life for the past nine years. Some have left and new people have arrived, but the people I work most closely with have been a real source of strength for me, both professionally and personally. I hope I can manage to stay in touch now that we aren't interacting every day. We accomplished a lot of really good things in the last few years, things that will last beyond my departure because of the high quality of the people who remain. I wish them all the best.
Tonight we said good bye to our closest friends away from work. Over the past few years, we've spent a part of nearly every weekend with them. They have been our movie and restaurant buddies and have provided me with a dog to pet when I didn't have one of my own. We will miss them dearly. My friend Gino remarked that they never expected to find such good friends so late in life. Nor did we and having their friendship has been one of the best things about coming to Chicago. It's tough to know that they'll be a thousand miles away.
Tomorrow will be the worst. We'll say goodbye to our son and daughter-in-law and our grandkids. I came to work in Chicago just a week before my first grandchild was born. We've been here for the arrival of our other three grandchildren and watched them all grow. It's been an unbelievable experience. Not seeing our son and daughter-in-law and the kids on a regular basis will be very hard for me. They've always been around and always been a joy. One couldn't ask for a better bunch. We have been very lucky to have so much time with our son, his wife and our grandchildren. I love them all more than I can say. Tomorrow will be sad.
On the bright side, we'll have both of our daughters in Texas, as well as the best son-in-law imaginable and our newest grandchild. Family is very important and I'm glad we will still have some family close.
Even when you know changes are coming, it isn't easy. I'm not much given to outward displays of emotion, but some of the partings have been hard. I hope everyone knows I will miss them.
Wednesday, July 4, 2007
A vision of future blogs
I wonder if the irony of your posting of Thomas Paine's words from "The American Crisis" will be recognized by many of your readers. (Or perhaps the irony was intentional on your part.)
While written near the beginning of our country's struggle to throw off the military and economic presence of a government thousands of miles away, one does not have to alter very many of Paine's words words to assume the perspective of a Iraqi citizen today. Consider: "[The United States] with an army to enforce her tyranny, has declared that she has the right..."to bind us in all cases whatsoever" and if being bound in that manner is not slavery..." or "Neither have I so much of the infidel in me, as to suppose that He has relinquished the government of the world, and given us up to the care of devils; and as I do not, I cannot see on what grounds [George Bush] can look up to the heaven for help against us: a common murderer, a highwayman, or a housebreaker, has as good a pretense as he..." The latter quote from Paine is doubly ironic, given its similarity to the phrasing often used by Muslims today to describe the international behavior of the United States.
We have become accustomed to believe that ours is the only perspective that matters. But other people live in the world. Paine, Jefferson, Madison--even Hume and Rousseau--wrote for humanity, not the narrow parochial interests of a single nation. Today, Paine would be writing for the Iraqis, not the country that began to lose its way seven and a half years ago. Perseverance and fortitude are undoubtedly required today. With them we can take back our country from those who have stolen it and trampled on the rights that Thomas Paine defended so eloquently in 1776.
Craig West
Bloomingdale
Thursday, June 14, 2007
New Grandchildren Pictures
We had a great time in Texas. Our son and daughter-in-law made the trek in their new van and everyone still appeared to be human when they arrived in Austin. Susan and I flew down, so we had an easier time of it. We were able to check out the last of the landscaping at our new house and see how the patio turned out. Here are some pictures. First, the front of the house.
Here's the patio. As you can see, it it will be shaded during part of the day by the house. It also gets shade from the big pecan tree in back later in the day.
Here's what the land behind looks like in late spring (it's been very rainy in Georgetown this spring). Although you can't see them in this picture, the field is spotted with wildflowers.
We are quite looking forward to settling in later in the summer/early fall.
Friday, May 18, 2007
Two New Granddaughters
She is a real cutie and apparently loves the water. Here's a picture after her first bath. Isn't she beautiful? Her siblings have really taken to her, especially her big sister. Here's a picture of the two of them together.
We expect that our new granddaughter will be as cute as our other grandchildren. Here are the boys. Our oldest turned 9 on May 18 and the younger one is 7. They are very active and a lot of fun for a grandpa.
And then....
Our daughter and son-in-law's Texas baby wasn't expected until late May, but she decided to make an early appearance on May 10. Because she was early, she was much smaller than her cousin, but that also made the delivery much easier for our daughter. Our new little longhorn weighed in at 6 pounds and 14 ounces.
Here are a couple of early pictures. Two beautiful babies. It's going to be fun.
Here's a proud grandma with her new granddaughter. We're going back to Texas the first weekend in June, so there will be more pictures. Our son and his bunch will be there, too, so I should have some pictures of all my grandchildren together.
Saturday, May 5, 2007
Post Number 3--Beijing Photos III
Here are some shots from the Summer Palace.
A bronze statue of a Chinese lion.
Dancers in traditional Chinese dress. This had to be our substitute for the opera. It made me glad we ran out of time Friday night. A short performance was sufficient.
A young woman in traditional Chinese dress. She was a decorative guide inside the building behind. I wasn't allowed to take a picture inside the building, but with the help of our hosts, I was able to persuade her to stand in the doorway for this shot (there's also one of me standing beside her, but you won't see many shots of me on this blog).
Chinese emperors apparently have this thing about strange looking rocks. One emperor found this rock some distance from Beijing and was bringing it back for display. However, along the way he ran out of money to pay the people who were transporting it for him, so it was left by the side of the road. Decades later a different emperor saw the rock as he was passing by and arranged for the rock's journey to Beijing to be completed.
This picture shows some of the detail and craftsmanship of the buildings at the Summer Palace. It was by far the most well maintained of all the sites. They may have just finished their refurbishment, because there was almost no work going on here, in contrast to the Forbidden City and the Temple of Heaven.
This photo is of the main tower of the summer palace.
Some more details from the decorations at the Summer Palace.
A corridor from the Summer Palace. The painting is beautiful, but also served to preserve the wood. Very few of the historical buildings around Beijing are made from brick or stone.
Details and a painting of a Chinese general on horseback.
This a painting of a very wise Chinese philosopher/general. One of our hosts delighted in telling the story of one of his victories. During a battle with a Chinese warlord, this philosopher made a strategic retreat to a nearby city. His army continued to retreat, but he stayed on the wall of the city overlooking the main gate, which he instructed his staff to leave open. He then proceeded to play a solitaire game on top of the wall in plain view of the advancing troops. The warlord saw the philosopher and the open gate and because he couldn't believe that the philosopher was surrendering, thought it must be a trap. Fearing the wisdom and cleverness of the philosopher, he withdrew his troops.
This is the last shot for this post. As we were moving toward the gate, we saw a large crowd gathered on the sidewalk, so we stopped to see what was going on. The draw (literally, as you'll see) was an elderly Chinese gentleman drawing Chinese characters on the sidewalk with water. The walk was dry and rather dusty and he was using two pieces of PVC pipe with regular water bottles at each end. On one end the bottles were attached to a brush, which looked exactly like a giant calligraphy brush. What made this interesting was that he was writing with both hands at the same time. When we stopped to watch, he asked us if we were Americans. He said he was a professor of literature at Beijing University who came out on the weekends to do his drawings to balance his right brain and his left brain. He drew another series (in English) that said "Welcome"--again with both hands at the same time.
This was typical of the reception we got wherever we went. We were either treated as unexceptional or made to feel very welcome. I never experienced any negative vibes during the whole trip. It's probably the last trip I'll make overseas for the Fed and I think it was the best of all.