Monthly Archives: October 2008

Holey Soles

I love this pic of Barak Obama (I wish I knew who to give the photo credit to!) It reminded me of another famous democratic presidential candidate, Adlai Stevenson, who said, “all progress has resulted from people who took unpopular positions.” Stevenson ran against Eisenhower unsuccessfully in 1952 and 1956. He was Governor of Illinois for one term, and also UN Ambassador from 1961 to 1965.

These are the shoes of a hardworking man, pounding the pavement, tirelessly delivering his message, in it to win it. No time to worry about such details, when you will soon be tasked with fixing an unprecedented global recession. While the majority  of consumers and corporations are scaling back and ‘making-do’, those holey soles worn by the democratic presidential candidate are a glaring contrast to Palin’s $150,000 new wardrobe, paid for with campaign funds.

Did you watch Obama’s infomercial last night? This morning, the Hollywood Reporter suggested that, “if Barack Obama fails to win the election, perhaps the networks should hire him to entertain viewers on Wednesday nights.” If he loses (god help us) the networks can buy him a new pair of shoes.

Obama Art

Plush Obama Originally uploaded by sharcardinal

Can you remember a time when a presidential candidate inspired art? Artists, designers, illustrators, are creating an incredible body of work. I came across this blog today that captures the Obama art movement. It’s called the Obama Art Report.

Obama imagery is showing up in the strangest of places. Last weekend, Dwayne and I went bowling at Sea Bowl in Pacifica. On the way out I spotted Plush Obama in in an arcade game.

Economic Tsunami

If I hear one more person flippantly say – “It’ll come back… we’ll recover….” I think I’m gonna scream! Trillions of dollars of wealth have been evaporated — lost and gone forever!! That means probably you, your friends, your parents, and other acquaintances have lost some portion of their savings. Entire countries have gone bankrupt! This economic crisis is a complicated and serious affair. It will affect every single one of us, regardless of who is to blame.

I encourage you to check out a radio podcast from Ira Glass’s “This American Life.” You might be familiar with the program if you listen to NPR. The name of the program is The Giant Pool of Money, and it originally aired in March of this year. (click on “Full Episode” to listen from your computer). They do a great job of explaining how the sub-prime mortgage lending practices brought down the system.

Then they aired piece that explains how that sub-prime crisis led to the credit crisis, called Another Frightening Show About the Economy.

There’s not much we can do, now that the giant wave is about to hit, but we can increase our understanding, in order to make informed decisions about what to do with our money now and in the future.