What We Get Wrong About Closing The Racial Wealth

socialequity.duke.edu/sites/socialequity.duke.edu/files/site-images/FINAL COMPLETE REPORT_.pdf

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Debunking Myths of Racial Wealth Gap

kottke.org/18/04/closing-the-racial-wealth-gap-debunking-10-common-myths

Jail time for unpaid debt (sharing)

Amazon, JPMorgan, Berkshire creating new health care company – The Washington Post

Unexpected & Blessed

I know, I promised to discuss Looming American Serfdom but something so unexpected occurred today that I must share.

I drove to the condominium where I rent a unit to pick up the rent check. My tenant has been renting the unit for about four years. When I spoke with the security guard, she disclosed a friend of the tenant delivered the check.

When I opened the envelope, there was a note from this friend. “[] is in the hospital . . . and won’t be able to write you a check for his rent. I made this out for $1500. I’m not sure what the exact amount should be. If this [is] insufficient, please let me know and I will send you the remainder.”

I was stunned. My tenant’s friend paid the rent. It was more than sufficient since the rent is $1400 (of course I mailed him a check today for $100 overage).

We both hope the tenant has a speedy and complete recovery.

Meanwhile, I am blessed. I have the January rent thanks to my tenant’s amazing, thoughtful friend.

Happy New Year 2018

The Money Heifer is back!

Have you made your financial resolutions? Is your priority to pay off debt, build an emergency fund, save for your children’s college education, pay off your mortgage, pay off your credit card debt, stop using credit cards, tracking your spending? All of these are great. But don’t overlook the larger picture, the tax laws passed by Congress and signed by the President which are effective today.

If you are not part of the wealthiest 1 percent, those changes in the tax laws for you and for me are temporary, not permanent. Second, the taxes for you and me are peanuts compared to all the breaks businesses receive. Third, if you followed the news, you know these tax cuts will create greater deficits. And how will this deficit be addressed? With cuts in the social safety net: Medicaid, Social Security (retirement), Social Security (disability).

Even if you believe slashing the social safety net is a good thing, please note what is on the horizon: Looming American Serfdom.

What’s this? More in my next blog.

Not just $20 bills

I’ll give my credit union some praise: it has implemented an upgraded service with the ATMs. The machines are dispensing a variety of bills, not just $20 bills.

Check out these photos.

Two $100 bills

I’ve complained in the past about ATMs issuing $20 bills. Hey, what about a $10 bill or even a $5 bill? Go to dinner with friends and when time to pay, everyone pulls out $20 bills.

Well, I won’t complain anymore. Went to ATM at my credit union this afternoon. Requested $200. The machine dispensed two $100 bills. What the f@$k??? This has never happened. Who wants $100 bills?

I relayed my disappointment to the reception desk at the credit union. Then I promptly got in line to get smaller denomination bills (six $20s, six $10s & four $5s).

This trip to the credit union was not very convenient or customer friendly.

Hey credit union, STOP dispensing $100 bills from ATMs.

Check in with Phreesia

At a doctor’s appointment with a family member. See photo below: patient can check in “paperless.”

Besides checking in. & updating medical information, a patient can pay any outstanding balance via credit card with Phreesia.

Inching closer & closer to life as depicted on Star Trek

IMG_1289.JPG

Scary: What Bank of America Considers “Suspicious Activity”

My sister received a letter from BoA the other day. The Bank classified as suspicious multiple transfers my sister made from her savings account to her checking account. These transactions were made online .

BoA warned her if such transactions continued, a fee would be assessed. The letter further advised she should visit a local branch or use an ATM to conduct these transactions.

How odd! I recall reading an article in the Wall Street Journal about BoA’s efforts to encourage its customers to transact business online rather than visit a branch.

Plus , how could transferring money from one’s own saving account to own ‘s checking account be suspicious?

This stupidity is why I “bank” at a credit union 🙂

Happy Halloween

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