Archive for the 'Money' Category

David Foster Wallace on worshipping

September 24, 2008

I’ve only read writer David Foster Wallace around the edges, mostly in newspaper articles and book extracts, but the tributes published in the wake of his recent suicide, at age 46, have made me want to hear more. The Wall Street Journal has published a version of a Kenyon College commencement speech he gave in 2005 that is really mind-bending in its simple power. In it, he decries what he calls “default-setting” thinking, in which we place ourselves at the center of the universe and therefore at odds with just about everyone and everything else:

[I]f you’ve really learned how to think, how to pay attention, then you will know you have other options. It will actually be within your power to experience a crowded, loud, slow, consumer-hell-type situation as not only meaningful but sacred, on fire with the same force that lit the stars — compassion, love, the sub-surface unity of all things. Not that that mystical stuff’s necessarily true: The only thing that’s capital-T True is that you get to decide how you’re going to try to see it. You get to consciously decide what has meaning and what doesn’t. You get to decide what to worship…

Because here’s something else that’s true. In the day-to-day trenches of adult life, there is actually no such thing as atheism. There is no such thing as not worshipping. Everybody worships. The only choice we get is what to worship. And an outstanding reason for choosing some sort of God or spiritual-type thing to worship — be it J.C. or Allah, be it Yahweh or the Wiccan mother-goddess or the Four Noble Truths or some infrangible set of ethical principles — is that pretty much anything else you worship will eat you alive. [Emphasis mine.]

If you worship money and things — if they are where you tap real meaning in life — then you will never have enough. Never feel you have enough. It’s the truth. Worship your own body and beauty and sexual allure and you will always feel ugly, and when time and age start showing, you will die a million deaths before they finally plant you. On one level, we all know this stuff already — it’s been codified as myths, proverbs, clichés, bromides, epigrams, parables: the skeleton of every great story. The trick is keeping the truth up-front in daily consciousness. Worship power — you will feel weak and afraid, and you will need ever more power over others to keep the fear at bay. Worship your intellect, being seen as smart — you will end up feeling stupid, a fraud, always on the verge of being found out. And so on.

Look, the insidious thing about these forms of worship is not that they’re evil or sinful; it is that they are unconscious. They are default-settings.

We’re now harvesting the grapes of wrath for a decade or more of worshipping money and power on an unprecedented level, and the entire nation is in danger of being “eaten alive” by it. And the saviors who are coming forward sound suspiciously like the charlatans who got us in this mess in the first place.

Wallace knows, or knew. He knew that, in light of such huge forces over which we have so little influence, we have only our personal freedom to exercise:

The really important kind of freedom involves attention, and awareness, and discipline, and effort, and being able truly to care about other people and to sacrifice for them, over and over, in myriad petty little unsexy ways, every day. That is real freedom. The alternative is unconsciousness, the default-setting, the “rat race” — the constant gnawing sense of having had and lost some infinite thing.

That “infinite thing” we have lost may be our very selves, or our futures, or our children’s futures.

Update: Wallace’s family talks about his last days.

Project Goodwill: Thrifting hits Washington runways

September 22, 2008

It just had to happen: As Congress and the White House grapple with solutions to the biggest financial meltdown since 1929, big-spending Washingtonians have discovered what we common folk in the hinterlands have known for years: There are bargains to be had at your nearby Goodwill. The Washington Post’s report — complete with a photo gallery — on a runway show at the French Embassy describes an event-for-our-times that, while it didn’t have Heidi Klum, was turning heads — and changing minds:

[W]ell-heeled Washingtonians were discovering that it’s still possible to look fabulous without a Wall Street severance package, a realization that’s sinking in across the country.

Goodwill has seen a 6 percent jump in sales nationwide as the economy has worsened in the past year. A recent survey of about 200 thrift stores found that more than half enjoyed sales jumps averaging 30 percent…

About 70 outfits, pulled from local Goodwill stores by Alexandria designer Tu-Anh Nguyen, were shown on the runway. Then they were returned to racks and wheeled out of the dressing rooms.

The tony crowd then descended on the racks in a scene that almost resembled bridal-gown markdown day at Filene’s Basement. Hey, ladies, settle down! There’s plenty of good stuff out there, as I have observed previously. It just requires patience and a discriminating eye.

And for some, maybe swallowing some pride. I suspect there’s going to be a lot of that in the coming days.

Adventures at Midlife: Still waiting for Uncle Sam?

August 21, 2008

The National Women’s Law Center just released the results of a poll indicating that “women are significantly more pessimistic than men in their attitudes about the status quo in America, both on a societal level and in terms of their own lives.”

“Women are more likely than men to feel that they are falling behind economically, and are more likely than men to be worried and concerned about their economic prospects,” the release reported. (In other words: Once again, women are MORE IN TOUCH WITH REALITY!)

The cure? “Regardless of age, income, and education, more than half of women (55%) feel that the government should do more to solve problems and help meet people’s needs.” The press release then goes on to outline an ambitious plan for closing the wage gap for women, reducing the number of uninsured women and children, expanding access to birth control, reducing the number of women at the poverty line and reforming the judiciary in favor of pro-women judges — all based on new or improved federal legislation.

Pardon me while I heave … a great sigh. Sorry, y’all, but that dog just don’t hunt no more. I’ve been waiting for more than 30 years for just the wage gap to close, and that issue has had legislation in place since 1963! I wasn’t even in the workplace then! (Corporate America has a large bag of tricks and excuses to help it slide around the issue, including making salary schedules a secret and being notoriously difficult to sue.)

I’m not against federal or state legislation on social issues, especially if the community need is dire, the status quo egregious, and the legislation well reasoned and full of teeth. It’s just that, at this stage in my life, looking down the short road at 60, I can’t wait for any government entity to make it all better.

I’m glad that my parents of The Greatest Generation have had access to Social Security and Medicare, and I have hopes of a more stable economic future for my children and grandchildren. But I think we of the gradually graying hair and creaking knees may be on our own, at least for now. Obama talks about exempting seniors from income tax if they make less than $50,000 (which wouldn’t help me), and McCain remains popular among seniors, who think he will be sympathetic to their needs. But I don’t expect either one to swoop in and rescue us. I think we’ll have to just rescue ourselves.

I’ve actually gotten pretty good at it over the years. Since starting out in the ’70s, I’ve had few mentors, and almost no women models for how I wanted to “do” my life. So I just did it. Between the demands and needs of a spouse, children, home, job, etc., I created a life. Sometimes it had baby spit, spilled Coke, tears or duct tape holding it all together, but it worked.

I expect the future to be the same. I see people who are several years ahead of me on the retirement scale making some interesting choices and adjustments. Several friends, despite protests from extended families, have sold off the old homestead in favor of smaller, more manageable digs. A neighbor couple who were having a hard time making ends meet on his government pension recently took in an elderly woman as a boarder, and it seems to be working out well for all three of them.

My husband’s colleague negotiated for a package that included several years of working part-time before retiring based on his full-time income. My elderly mother enjoyed a “senior companion” — paid for by a county agency — who would drop in a few times a week to play cards or run errands for her. We all know people who have turned hobbies into occupations, often making extensive use of the Web. Three generations of one family I’m acquainted with live in one house, taking care of each other, sharing everything and learning daily how to make it work.

These are the easier choices. Some choices are harder, such as divorcing a dear but severely disabled spouse in order for him or her to qualify for adequate Medicaid or insurance benefits, or finally cutting loose a loved one who is draining off personal and financial resources. It’s difficult, but it’s done.

I’m not certain what The Spouse and I will have to do when the time comes. I suspect making some sort of part-time income for a time will be part of the mix, as well as downsizing some plans and expectations. But I’m not looking for Uncle Sam to come rolling in on a tank anytime soon to solve my personal financial problems.

Note: This is cross-posted at MidLifeBloggers.

Cars: I have seen the future…

July 30, 2008

… and it goes pretty fast! These two-seaters were everywhere in London, and very aptly fit London streets, parking stalls and especially gas prices, which would reportedly approach $9/gallon here. (I also saw a one-person automobile, which looked like an upright casket with windows and wheels. Not so comfy, or fast.)

I post this now because I ACTUALLY SAW ONE OF THESE HERE! ON COLLEGE AVENUE! MAKING A LEFT TURN! Has automotive sanity finally reached our shores?

Adventures at Midlife: Women, work and the ‘non-recession’

July 26, 2008

The NYTimes has an interesting article about how the economic downturn is turning out to be gender-neutral:

Across the country, women in their prime earning years, struggling with an unfriendly economy, are retreating from the work force, either permanently or for long stretches…

When economists first started noticing this trend two or three years ago, many suggested that the pullback from paid employment was a matter of the women themselves deciding to stay home — to raise children or because their husbands were doing well or because, more than men, they felt committed to running their households.

But now, a different explanation is turning up in government data… Read the rest of this entry »

Adventures at Midlife: Did feminism help?

July 17, 2008

How can you NOT want to read an article that begins: “As you may have heard, some 50 years after Betty Friedan sprang us from domestic jail, we women … seem to have made a mess of it.” Says Sandra Tsing Lo, a regular contributor to the Atlantic, the fruits of the feminist revolution appear to be sisterhood, empowerment — and eight hours a day in a cubicle.

(Her latest article is actually a commentary based around a couple of new women’s books, Linda Hirshman’s funny Get to Work … And Get a Life, Before It’s Too Late and Neil Gilbert’s more scholarly A Mother’s Work: How Feminism, the Market and Policy Shape Family Life.)

After wittily dissecting some of the feminist missteps over the last several decades, Lo ultimately admits to having escaped cubicle hell:

Work … family—I’m doing it all. But here’s the secret I share with so many other nanny- and housekeeper-less mothers I see working the same balance: my house is trashed. It is strewn with socks and tutus. My minivan is awash in paper wrappers (I can’t lie—several are evidence of our visits to McDonald’s Playland, otherwise known as “my second office”). My girls went to school today in the T-shirts they slept in. But so what? My children and I spend 70 hours a week of high-to-poor quality time together. We enjoy ourselves.

Oh, good for YOU, girl, although I would bet she earned her current life by spending several years in the trenches with the rest of us. I considered myself lucky to be able to work part-time and even spend a couple of years at home freelancing when my sons were small. That might be why I now have an office with A DOOR I CAN SHUT and not some cubby hole or other shared space. I didn’t seem to lose momentum.

Although I identify with the feminist camp, I sort of stopped checking in regularly on the women’s movement after Gloria Steinem. For some reason, her blonde good looks, Smith education and smooth delivery made her just another beautiful female I couldn’t compete with, so I sort of opted out of the fight — which, come to think of it, is what I usually do when looks or status factor into any social or business equation. I’ve shed enough blood — and tears — in those arenas to willingly go into combat again.

So what did we win from our feminist ways? Employers now at least have to pay lip service to equality in the workplace, although privately held companies, which don’t have to publish salary scales, are likely still favoring men. Women seem to be more visible in top-tier positions, but there’s a definite lag, particularly considering that in some spheres we make up at least — if not more than — 50 percent of the workforce. And the wage gap remains firmly in place.

In my darker moments, I sometimes think that equality has heaved on me just one more area where I don’t seem to measure up. Society now expects women to make a quantifiable contribution, and my 30-odd years (most of them WERE odd) in the workforce find me still entrenched in middle management — by choice, I must say, to accommodate all the other things I wanted to do. Moving up always meant staying longer and later, and I just didn’t want to. (Admission: Being part of a two-career family made that possible.) At 55+, I’m not enthusiastic about my prospects of moving much further.

SO WHY AM I APOLOGIZING FOR ALL THIS?! Wasn’t it all about choice in the first place? Says Lo of the current flight of advanced-degree-holding women back to Betty Friedan‘s suburban nightmare:

And what are our fallen M.B.A. sisters of [Harvard] doing? Kvells one Harvard-grad-turned-stay-at-home-mom, on the subject of her days:

I dance and sing and play the guitar and listen to NPR. I write letters to my family, my congressional representatives, and to newspaper editors. My kids and I play tag and catch, we paint, we explore, we climb trees and plant gardens together. We bike instead of using the car. We read, we talk, we laugh. Life is good. I never dust.

Wow. Sounds good to me — if you can afford it. It just never seemed like an option for me.

About blogging: Blogging for dollars?

July 8, 2008

I’m such a ninny. I was weeks into setting up and tweaking my infant blog on WordPress when I discovered that there were blogsites out there THAT WERE ACTUALLY MAKING MONEY! What a concept! For example, Problogger admits to a six-figure salary from his efforts, and he’s just one among millions, likely.

I have pondered this fact ever since then, even signing up for the Amazon Associates program along the way, although, between the inscrutable WordPress restrictions and my Mac, I haven’t exactly been able to get it to work. (And since my site didn’t turn into a book blog like I initially thought it would, I probably wouldn’t make much off the Amazon link anyway.)

I have no problem with blogs containing advertising, although I don’t think I’ve ever clicked on any ad. (Sorry.) My friend’s daughter, a Mommyblogger, makes a nice little part-time income and gets lots of fun freebies for promoting products on her site, which allows her to stay home with her toddlers. I think that’s great, and so do all the other young mothers who regularly visit her blog. She’s very up front about what she does, and she also regularly files posts that don’t advertise or promote anything.

Thanks to all of you who have kindly mentioned my site and included me on your blogrolls. I’ve tried to reciprocate. But I’ve recently run into a few blogs in my interest areas that offer to promote my blog on their more-trafficked sites — for a fee. They even provide a PayPal link to facilitate the transaction.

Maybe I was a journalist for too many years, but that idea BOTHERS me. Believe me, I’m not naive. I know how public relations and lobbying can make whores of even the most respected individuals and publications. But I somehow want to hold the Blogosphere above all that. It’s the wide-open and free-from-influence side of the Web that appeals to me and made me want to join the party, and I guess I expect some honesty from the sites I visit — and from myself when I post something.

Advertising in widgets and at breaks is one thing, but giving a thumbs-up to somebody’s site because he or she paid you to crosses the line for me.

Am I being too squeamish? Naive? Impractical? And just exactly how honest is the Blogosphere?

Adventures at Midlife: End-of-life anguish

July 8, 2008

One of the darker tasks associated with the midlife years is coping with aging parents. I know my siblings and I were not as well prepared as we thought we were when faced with Mother’s two-year decline and death several years ago. Fortunately we had a sympathetic home health and hospice organization that provided some splendid care for her and some much-appreciated counsel for us when it came time to make the hard decisions.

For those of us in such straits, the NYTimes has just launched an excellent and well-received blog, The New Old Age, featuring writer Jane Gross, who recently experienced the death of her elderly mother and who writes on a variety of eldercare issues, including a recent post on what she’d do differently. Read the rest of this entry »

Adventures at Midlife: The rich are different

July 3, 2008

Liz Smith maintains that the only way to get old or sick or to retire is to have money. “I don’t think anybody can retire without money anymore, and it’s going to be proven now, in spades, with all of these people retiring,” says the legendary New York Post entertainment columnist in a group interview on wowowow.

The discussion itself is a trip, with Smith and fellow A-list (and aging) media mavens Jane Wagner, Judith Martin and Mary Wells discussing the possibilities of going to Germany for stem cell treatments, taking 200 “life-extension” vitamins a day and outliving their retirement incomes. I’d like to believe it was all tongue-in-cheek, but considering these women’s portfolios, I’m not convinced. They make bigger salaries, and likely pay less taxes, than anyone in my social set. (This type of post may be why I took wowowow off my blogroll. I just couldn’t relate.) Read the rest of this entry »

It’s not easy being green

June 9, 2008

I’ve been thinking dark, brooding thoughts about the dwindling availability of natural resources (like, you know, gasoline) and the attendant rise in prices of just about everything. In light of my recent post on making the best of the recession, I’ve decided to make a list of my green — and not-so-green — behaviors:

My good deeds:

Read the rest of this entry »