Monthly Archives: March 2013

Banking tricksters…

Good morning,
this is just a heads up.
I’m not sure if you have actually read all of my book 2 YEARS IN A TENT – but in the Tentonomics section I mention algorithms and how derivatives created the depressive situation that forced us into a tent. In todays New York Times is a good article about what is still going on with banks and why you might need to care.
Excerpt:

“Under American accounting rules, banks that trade a lot of derivatives can keep literally trillions of dollars in assets and liabilities off their balance sheets. Since 2009, they have at least been required to make disclosures about how large those amounts are, but the disclosures leave out some things and — amazingly enough — in some cases do not seem to add up.

The international accounting rules are different. They also allow some assets to vanish…..

http://www.nytimes.com/2013/03/15/business/new-rules-will-give-a-truer-picture-of-banks-size.html?nl=todaysheadlines&emc=edit_th_20130315&_r=0

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And then it is winter

We got this touching email from friends from JD and Mari Jenkins, whom we met on our 2 Years in a Tent journey.  Laura and I wanted to also share it with you as well. And please leave a comment if you feel like it.  
Read it slowly.
AND THEN IT IS WINTER

 

Time has a way of moving quickly and catching you unaware of
the passing years. It seems just yesterday that I was young, just married
and embarking on my new life with my mate. Yet in a way, it seems like eons
ago, and I wonder where all the years went. I know that I lived them all. I
have glimpses of how it was back then and of all my hopes and dreams.

 

But, here it is… The winter of my life and it catches me by surprise….How
did I get here so fast? Where did the years go and where did my youth go? I
remember well seeing older people through the years and thinking that those
older people were years away from me and that winter was so far off that I
could not fathom it or imagine fully what it would be like.

 

But, here it is…my friends are retired and getting grey…they move slower
and I see an older person now. Some are in better and some worse shape than
me…but, I see the great change…Not like the ones that I remember who
were young and vibrant…but, like me, their age is beginning to show and we
are now those older folks that we used to see and never thought we’d be.
Each day now, I find that just getting a shower is a real target for the
day! And taking a nap is not a treat anymore… it’s mandatory! Cause if I
don’t on my own free will… I just fall asleep where I sit!

 

And so…now I enter into this new season of my life unprepared for all the
aches and pains and the loss of strength and ability to go and do things
that I wish I had done but never did!! But, at least I know, that though the
winter has come, and I’m not sure how long it will last…this I know, that
when it’s over on this earth…it’s over. A new adventure will begin!

 

Yes, I have regrets. There are things I wish I hadn’t done…things I should
have done, but indeed, there are many things I’m happy to have done. It’s
all in a lifetime.

 

So, if you’re not in your winter yet…let me remind you, that it will be
here faster than you think. So, whatever you would like to accomplish in
your life please do it quickly! Don’t put things off too long!! Life goes by
quickly. So, do what you can today, as you can never be sure whether this is
your winter or not! You have no promise that you will see all the seasons of
your life…so, live for today and say all the things that you want your
loved ones to remember…and hope that they appreciate and love you for all
the things that you have done for them in all the years past!!

 

“Life” is a gift to you. The way you live your life is your gift to those
who come after. Make it a fantastic one.

 

LIVE IT WELL!
ENJOY TODAY!
DO SOMETHING FUN!
BE HAPPY !
HAVE A GREAT DAY
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