Archives For November 2007

on the road again

November 26, 2007 — Leave a comment

i’m heading to trinidad tomorrow afternoon. and there can be only one reason for such a sudden trip. 

interestingly i’m not as freaked out or stressed as when my mother called last week. even my mother seem calmer, 90 plus years is a long and fruitful rally and my grandmother told my mother she was tired. i guess she was ready to move on. i can only hope i’ll live as long as she did. in her lifetime she’s travelled by horse drawn cart, train, automobile and airplane, been witness to the two world wars, communicated via mail, phone and electronically. she had an amazing life and i’m proud to be her grandson. i have her stories to pass on and in that small way i can keep her alive.

weekend update

November 19, 2007 — Leave a comment

a day late and nowhere as funny.

my grandmother is better, home from the hospital suffering from the same complication that put her in there the last time. it’s something that isn’t normally serious but at her age, everything’s serious. but she lives to fight another day.

thanks for all your prayers and good thoughts    


November 14, 2007 — Leave a comment

it’s 5am as i sit here writing this and i’ve know in the back of my mind this day has been coming. it’s not quite here yet, but it’s close enough.  i rarely remember my dreams, but about a month ago, i dreamt my mother called to tell my grandmother was dead. 

i’ve been waiting on that early morning call since then. she’s not dead, but when you’re older than 90, a second trip to the hospital in less than 2 months isn’t good.  i’m worried and sad. but at the same time, the woman i saw a year and a half ago was just a shell of her former self and if it’s her time, then she’s lived a long full life and i’m glad to have been part of her life. 

i have her stories, she’s seen me grow up and i hope and pray that i’m turning into the man she expected.  i’m worried now about my mother, who seems stoic now. i wonder what she’s going to do with herself without my grandmother around. what’s going to keep her motivated and active. i once joked that through all their arguing, they were keeping each other alive, i’m afraid it might be true.

i’m so far away and i feel powerless. i can’t hold my grandmother one last time, i may not even get to do that for my mother. all i can do is wait, i’ve never dreaded a ringing phone so much.

you got to be ready

November 8, 2007 — Leave a comment

many eons ago i did economics, that by no means makes me a financial expert, but looking at the economy here, has me more than a little worried. and i’m fascinated, especially working in a retail environment, how people continue to spend money.

there are fundamental problems with the US economy and when the curtain is pulled back the middle class are going to paying for it yet again. people here seem to be suffering from short term memory loss, less than 25 years ago the S&L bailout cost taxpayers $125 billion and now we have ARM (adjustable rate mortgage) and NINJA (No Income, No Job, No Assets) loans which have already started defaulting and more than likely in the next 12 months are going to require a massive bailout. 

for those of you haven’t been playing the home game, mortgage brokers betting on an ever expanding housing bubble started to loan money to people who weren’t actually qualified and then in turn selling this mortgages to other companies, who in turn used those as investment vehicles. if it sounds like a glorified pyramid or ponzi scheme, then you’re right, only the first set of people actually made the money at this point, everyone else is screwing the pooch. this is just limited to individual investors at this point, but large multinational and international banks that bought a lot of what is soon to be worthless paper. 

what i’m wondering is how is the middle class going to afford this bailout, a lot of people got caught up in the hype and in just as much trouble as their flexible interest rates start to rise, the US$ continues to lose traction, the cost of fuel and food continues to rise and wages remain stagnant. my other questions is who benefits from the bailout? the people who are going to lose the houses the shouldn’t have qualified to buy in the first place or the companies that brokered these loans? and isn’t that taking from the not as well off to give to the worse off or in some cases the very well off?