Archive for June, 2010

Jun 23 2010

New twi$t on tithing

Published by under commentary,trends

Great GatsbyPre-Ramble:  You can’t swing a bag of gold bullion around here without having some top-tier philanthropist knocking at the door and imploring you to give away half of your wealth. The July 5th cover of fortuitously named Fortune Magazine features the smiling faces of billionaires Warren Buffett and Bill and Melinda Gates along with a plug for the “$600 Billion Challenge.

Brainchild of legendary Berkshire Hathaway money-magnet Buffett, the Challenge invites the nation’s billionaires “to pledge to give at least half of their net worth to charity, in their lifetimes or at death.”  Names like Eli Broad and David Rockefeller are on the ask list along with media moguls Ted Turner, Michael Bloomberg and Oprah Winfrey. Between the assets of these folks plus the other 395+ super-rich Americans (a la Forbes 400) … we’ve got the potential for quite the pot of cash, … sums the likes of which would “change the face of philanthropy as we know it.”

Long and the short of it.  The thinking behind the scheme is laudable. Buffett explains that while he has not yet made a commitment of time, which he feels is ultimately far more valuable than money, his contribution of Berkshire Hathaway stock certificates “ … can command far-ranging resources [which can] benefit others who, through the luck of the draw, have received the short straws in life. “ 

The obvious thought here is, if you’ve got $1 billion, half-a-billion is probably going to be sufficient to pay the bills and have enough left over to have some fun. So, where exactly is the line between the fortunes conferred by long straws and the lot of the fortune-challenged short straws set?  Where is the tipping point between having enough to live on and experiencing a true sense of need? 

Mortgage payments …  From a personal standpoint, I guess I never really thought about my net worth in terms of “wealth.” Sure, I feel plenty fortunate, blessed even, with the rich and varied lifestyle that my money allows, but I never really considered it “drive-me-across-the-estate-to-the-polo-ponies” kind of wealth.  When I think of vast amounts of disposable wealth, I imagine those closets you’d see on Lifestyles of the Rich and Famous … the ones with thousands of shoes all perfectly lined up on racks. My shoe inventory will fit at the foot of the bed with room to spare. I’m just sayin.

The challenge then, in the lifestyles of those of us who are not so rich and famous, is vastly more confounding — Just how much is enough?  How much of your “personal wealth” could you realistically consider parting with?  What amount of your earnings is really just gravy? For those of you on the less charitably-inclined end of the continuum, how little can you get away with giving away without looking or feeling cheap, greedy or heartless? 

The Take-Away: I don’t have an answer for any of those questions … and I don’t have $1 billion to test the theories. For what it’s worth, the prose of the philanthropic pledge itself offers Warren Buffett’s humble and generous rationale,

The reaction of my family and me to our extraordinary good fortune is not guilt, but rather gratitude. Were we to use more than 1% of my claim checks on ourselves, neither our happiness nor our well-being would be enhanced. In contrast, that remaining 99% can have a huge effect on the health and welfare of others. That reality sets an obvious course for me and my family: Keep all we can conceivably need and distribute the rest to society, for its needs. My pledge starts us down that course.”

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Jun 17 2010

It’s all a blur

Published by under great moments

Graduation 2010Pre-Ramble: So, gosh, it seems like forever since I wrote a blog post. I hope I haven’t forgotten how. Hope my readers haven’t given up on me and moved on to some other blog site that features quirky random topics …

For the past few weeks I’ve been mired in a blur of high school graduation ”tasks” as my youngest child takes those last few steps up to the edge of the nest.  The pride and ceremony that mark graduation from high school are seminal and well-deserved. These kids have worked hard. So many caps. So many gowns. So many wide eyes. So many hopes and dreams.

And - so many house parties, … so many balloon bunches, … so many yummy sheet cakes. I’ll just say that orchestrating a graduation is more complicated than one might think and, like carrying an umbrella, renting a tent does not automatically co-opt the weather into not raining on your grad party day. Thank goodness I have the kind of friends who will assure me/lie to me that our garage was totally “festive.”  Never mind that we have been raking, weeding, mulching, planting and power-washing for months. No one could see any of that from the garage. Folks got a good look at our weed wacker, Miracle Grow and arsenal of snow shovels though.

Blog-time – So, ten days is practically an eternity in blog-time.  So much has happened in the last couple weeks – General Petraeus faints on the stand; Kobe pounds the Celtics; something or other is happening in South Africa that involves soccer balls; and the oil “spill” rages on in the Gulf. 

And that will be the last time you hear me refer to that horrendous, ecologically detrimental act of negligence by the inappropriately sanguine word “spill.”  … Like, …

“Oopsy, we bad … Naughty BP, … we made a little boo-boo. Here, we’ll just sop up that whole silly mess with paper towels … “

Milk spills. Sippy cups spill. Fluffy twirling figure skaters take spills. Millions and millions of thick toxic gallons of crude oil surging uncontrollably into the water for weeks upon weeks due to the shoddy, careless - okay, criminally negligent - practices of a smug international conglomerate is far beyond anything that could even remotely be characterized as a “spill.”

The whole scenario in the Gulf is so appalling and sad that I can barely bring myself to address it directly. This is as close as I can get for now.

The Take-Away:  Such a mix of events and emotions happening now. So proud of my 2010 graduate!  Looking forward to watching her test those wings as she moves into her next Big Adventure. Looking forward too, to filling up this “empty nest” with lots of new and exciting ideas, projects, and hopefully some compelling blog posts as well.

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Jun 05 2010

Dizzy Busy

Published by under administration

Busy BeePre-Ramble:  Well, you know you’re too busy when you’re even too busy to write a blog about being too busy.

There is so much going on that I want to write about … the oil spill,… the spelling bee,… high school graduations,… Armando Galarraga’s “perfect game” … a cool huge pencil that I made out of a carpet tube …

And plus, I still have to tell you about jewels and apps … and that I’m in the process of revamping the website … (can a revamping of the life be far behind?)

The Take-Away:  Please stay tuned … this flurry of uber-activity will be over soon!

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