Monthly Archives: February 2009

Armistead Maupin on Harvey Milk

(Community Matters) A touching recollection and a telling observation.  here


Hat Tip: Towleroad

Markets/Economy

(Community Matters) A day of mixed messages on the economy – overall, especially discouraging.


Nationally:

  1. the chairman of the Senate Banking Committee said it may be necessary to nationalize some banks. The White House sought to ease concerns on bank privatization.

  2. “I don’t remember any time, maybe even in the Great Depression, when things went down quite so fast, quite so uniformly around the world,” said Paul Volcker, a top aide to Obama.

  3. U.S. gold futures shot to a seven-month high above $1,000 an ounce, putting the benchmark gold contract within reach of the record high at $1,033.90 hit last April.

  4. “We witnessed the collapse of the financial system,” Soros said at a Columbia University dinner. “It was placed on life support, and it’s still on life support. There’s no sign that we are anywhere near a bottom.”


All this on the same day that 2 out of 3 local conversations were much more positive.  Two well-placed, Austin  business executives expressed their optimism that we would see improvement by 4Q09, citing inventories of consumer products and absorption of local residential real estate.  The third didn’t cite any reasons for optimism yet guessed sometime in 2010 we’d see an uptick. 

I mentioned serveral times yesterday that Austin may have a unique opportunity to bank foreclosed residential property for affordability.  Wish someone would put together a $20 – $50mm package; I just don’t have the bandwidth this year.

Judge Robert Pitman

(Community Matters) Among 700 local bar members, federal Judge Robert Pitman recognized as the most excellent local jurist.  here


which further supports why Robert should be named US Attorney for Western Texas.  Appears our  Western Texas Democratic congressional delegation will make nominations to this position.  I’ve written Congressman Lloyd Doggett of my support for Robert in this position. Aside from being an excellent jurist, Robert has already served as Asst US Attorney and was even Acting US Attorney.

Blackberry & iPhone Repair

(Community Matters) AT&T wanted $160 (after rebate) + 2 more years to replace my Blackberry b/c of the failed trackball. 

www.allwirelessrepair.com on Research Blvd & Burnet (nxt door to Honeybaked Ham) fixed it for $45 – in 5 mins. Posted from my blackberry with a new trackball.

Talibaning Morality

(Community Matters) Good gosh, we can’t have high school students talking about HIV/AIDS, homosexuality, drug use or sex.  Of course they won’t if we say don’t.  


even Bristol Palin is acknowledging abstinence programs don’t work, not to mention all the recent studies.  This musical certainly doesn’t encourage drug use, theft or immorality.  It does include respectful, thought provoking discussion and conversation. Can’t think of a beter forum for this and our kids.  Yes, I realize the idea of a “respectful” conversation about homosexuality is enough to raise objections in some quarters. These people lost the election and can . . .

Subsidizing Greedy Fools

(Community Matters)


To stabilize that communal landscape, sometimes you have to shower money upon those who have been foolish or self-indulgent. The greedy idiots may be greedy idiots, but they are our countrymen. And at some level, we’re all in this together. If their lives don’t stabilize, then our lives don’t stabilize.


How Long in Recession

(Community Matters)  Krugman in today’s NYT column points out his concern about the duration of this recession, or more specifically, pointing out that there is no obvious catalyst to spur us out of the recession, a concern that resonates.

There are those, however, who predict the pent up demand for investment of dollars – i.e., idle money (previously existing and the trillions recently printed) sitting on the sidelines awaiting investment opportunities – and the swift deployment will spur the economic recovery and growth.  hmm, I hear this and it sounds plausiable.  
Yet, if consumer spending drives our economy and consumers had been driven by their increase in wealth . . . . the fact that the 17% gain in American household wealth between 2004 and 2008 turned out to be a mirage (Fed) and that we’ve lost 3.2% . . . that over 30% of family assets were in paper profits. . . .  and that we have to increase from a ZERO savings rates . . . Who’s going to be spending money & when?
The Feds estimate we’ve lost $12 trillion in wealth since 2006 – poof, gone, evaporated – $6 trillion in housing wealth, $6 trillion in stock gains.  Should we expect much of the stock gains to be recovered?  If so, over what period of time?  The housing wealth?  Maybe over a much, much longer period of time, if some of that ever.  
I’m certainly not an economist and the one who normally sleeps on the other side of my bed is currently in Amsterdam, so I can’t ask.  Nevertheless, I’m stuck with Krugman wondering what’s going to spur growth and spending.  I continue to think investors, bankers & managers should think long and hard about good money after bad (politicians too if they can: our automobile industry for instance).

Aerial Hog Hunts

(Community Matters) Whatever it takes.  This is a huge problem and these are not cute, cuddly creatures.  They are vicious.  My parents have property on the Brazos River.  The hogs are so bad you don’t want to walk out in the tall grass alone. Children certainly cannot. here

Even in Texas, Judge Keller

(Community Matters) Good gosh, feels as if some normalcy may find our state’s judiciary. here  Still, I’ll believe it when the skinny guy sings.

25 Things About Me

(Community Matters) There’s this irritating tradition in Facebook to list 25 things about yourself others may not know. Admittedly, I’ve enjoyed reading some of these. Though, I’ve resisted writing my own. That is, until now, since I’ve not been able to sleep since 1:20am. Feel free to skip

  1. I like to eat potato chips with pizza.
  2. Steven and I disliked each other immediately. He thought I was a player. I thought he was aloof. I set him up with another friend.
  3. I’d written in a journal that if I was to settle down, he’d be tall, a scholar, an artist and religious. (Good thing I eventually remembered writing this!)
  4. Margaret Keys knew we were infatuated with each other before either of us realized it. Margo Weisz set us up.
  5. My maternal grandfather rode with Pancho Villa & was exiled from Mexico.
  6. When I was 4yo, my aunts returned home from the beach and showed me shells they had purchased. Later, my grandmother and aunts received a telephone call from a neighbor that I was selling shells door to door – the shells from their caliche drive.
  7. I was president of thespians in high school, class president, honor society president and graduated #1 in my class
  8. I believe all gay boys & parents should read Andrew Tobias’ “Best Little Boy in the World”
  9. I opted out of Yale because I was offered space in a “minority dorm”
  10. My parents didn’t graduate high school yet are among the smartest people I know – my father my role model in business; my mother my role model for hospitality.
  11. I never believed I would live to be 32 years old.
  12. I secretly adore my mother-in-law. This hasn’t always been the case.
  13. My maternal grandmother was the only member of her family allowed to attend public elementary because her skin was light enough. She ate her lunch privately because the kids laughed at tacos.
  14. Once I privately acknowledged my homosexuality, I assumed I might be blackmailed as a banker and made plans to commit suicide if I was.
  15. A young man attempted to blackmail me for being gay, demanding a $500 loan from the bank. I laughed, having always imagined someone would want at least six figures, and I was quickly over the thought of suicide.
  16. When I was outed (in 1992), I received a call from another gay business man informing me I was now too dangerous to be around. I was informed by the bank I would never be president. I was a 31yo SVP at the time.
  17. My first visit to a gay bar was in Sydney, Australia. I was intent on picking up a good looking Australian. When I approached my target, he laughed at me. After much persistence, he allowed me to buy him a beer. We were together for three years (he was tall & smart and shares Steven’s birthday).
  18. I sometimes develop innocent man crushes on tall, smart, successful guys.
  19. The only close college friend who publicly condemned me when I came out eventually tried to have sex with me (unsuccessfully)
  20. I have a younger sister and younger brother. My sister once beat up a neighborhood kid who threw a punch at me. My brother beat up everyone who threatened any of us.
  21. Lost hundreds of friends and acquaintances to AIDS while we were in our thirties.
  22. In college, I thought about marrying Robbie. Without me knowing, my grandmother had asked her not to interrupt my education.
  23. I multi-task quite well and respect those who can’t. Admittedly, it drives me mad when they rationalize that no one does so well – not true.
  24. I test off-the-chart as an extrovert and love to be an introvert
  25. I was always skinny as a kid so no matter how much weight I gain I still “see” myself as thin

FeedBlitz

(Community Matters) So, I’m wondering. The readers who receive my postings by FeedBlitz, do they receive the first post or the edited one I eventually settle on? Good gosh, if you’re receiving the first, I’ve usually not edited for spelling, grammar or, in some cases, even the eventual content. I’ll acknowledge being loose with spell check and not adhering to grammar rules in blog postings (especially re: full sentences which I don’t require in internet writing). Nevertheless, 90% of my postings are edited post-first posting. even this one – yikes

remember the retort to ending with a preposition!

Facebook

(Community Matters)

Facebook has been redefining notions of privacy while growing so rapidly that it now has 175 million active users, giving it a population larger than most countries. NYT privacy & rights article

Steven and I have taken to Facebook – in fact I don’t want him to catch up with me in # of friends; he’s at 622 and I’m at 905. We do poach each others’ while trying to maintain a standard of actually knowing the friends – my three completely aesthetic friends (two Israeli, one Columbian) notwithstanding.

It’s a fascinating way to stay connected and reconnect. My, then, 14yo godson started mine. It worried me when I noticed I was his 46yo “friend” among his 14 year old schoolmates. I didn’t participate on FB for at least another year.

In December, I started a page for a friend completely opposed to the concept. Over Xmas, he left a virulent voice message for me to delete the page – which I didn’t. He’s now an avid user and secured his first date of 2009 via Facebook. During a drive to Marfa over New Years, he and two other friends evidently commiserated over my presumptuousness (an acknowledged fault), the two friends arriving adamant in their opposition to the entire concept of FB – all three now updating their statuses regularly.

Steven just “Eugened” a friend in NY also reluctant to join but who we know will become enthusiastic. Steven’s mother asked us to create her FB page – launched two days ago. Our cousin immediately writing “OMG, Carol is on Facebook.” At this time, my father says no and we’re respecting his wishes.
Sure, there have been downfalls. A misguided note to my 15-yo niece’s new boyfriend resulted in a midnight call to her other uncle expressing displeasure and has resulted in my defriending by said niece (though, I note her bf separately sent a friend request), and I do value the FB insight into her first boyfriend. My 20yo nephew only accepted my FB request afer several prompts and keeps restrictions on what I can see and how I can comment on his page (I pretend not to see references to underage drinking by not only him but also a few friends’ children and godchildren). Prompting another close friend to join and recommending his children as friends, his underage son promptly responded, “Sorry Eugene, no way am I going to add pop as a friend.” Though, he did relent (probably with the same restrictions Shaun eventually imposed).
Also, I learned on Monday that one’s FB privileges should be exercised cautiously when home sick. Sequestered at home, suffering the flu, I was manic and needed to connect with the rest of the world, sharing way too many status updates. While these *might* amuse my closest friends, not sure Jason Furman, David Corn or Lukas Haas appreciate the traffic – ok, four aesthetic friends – the fourth American – but we have met & I do know his brother.

Not only have I better connected and reconnected with friends and family, I’ve actually made new friends on FB. I have a yoga appointment at 10 with someone I met on FB (ughh, ok, five). And, I am having lunch today with someone I’ve only met once but with whom we share many mutual friends. Her hilarious status updates prompted a note, which prompted comments, which has lead to lunch. I just regret that I have a business meeting after our lunch, since many of these status updates have included the need for a stiff one. I should check the trunk of her car to make sure her children aren’t really locked in there.