Monday, May 23, 2011

financial fragility

According to research cited in a WSJ blog, nearly half of us (Americans) are "financially fragile." Curious that eggheads have to undertake a study to verify this. The respondents were asked if they'd have trouble ponying up $2,000 in 30 days -- the amount representing a major car repair, such as transmission replacement, or some other unforeseen emergency: medical, legal, home repair, or addiction. (OK, so I threw in the last one; it's not crazily unrealistic, though, is it?)

A few qualifiers:

-- 2009 data were used
-- US respondents were not nearly as financially fragile as those in other countries

The results certainly don't shock me. While I have only consulted the article, and not the study itself, I'd have to muse:

-- Can I borrow to come up with the $2,000?
-- Can I tap into 401k or other money set aside for retirement?
-- Must I resort to legal means?
-- Does reckless gambling count as an option?
-- 30 days? ARE YOU KIDDING? Like the transmission guy or the dentist or the lawyer or the mortgage company is going to just spot you 30 days, just like that? HAHAHAHAHAHAHA. (I'm making sure I can come up with $60 cold cash for lawnmower repair tomorrow.)

Folks, it's 2011. Let's hope the "financial fragility" ratios have improved, rapturously.

Talk about AlbatrossDreams.

Saturday, May 21, 2011

wordstream rapture

Dear Blog,
I have betrayed you, been an infidel, been unfaithful to your ephemeral flutterings by being faithful to ever-briefer postings, in the Twitterverse (@kocakwords). What a cad I've been to abandon you, this playground of expansive observations and gymnasium of gerundives, this venue of verbs and pabulum, words and wisdom wattage -- just for 140 characters on Twitter! How cruel of me, to leave your for nearly a month, my longest absence, just for a stream of pithy one-liners or vacuous throwaways. But such is our age. Less is more. Or less is less. It doesn't matter, as long as it's less and quicker. And more and Tweetier.

Anyway? How have you been? I see you, the blogosphere, that is, are still here, shrugging of the microblogiverse, not at all averse to aver that lots of words have their place in the universe. Their place is here, home to more-than-140-character discursive ramblings and rumblings, meanderings and wanderings, pings and pongs, throngs of thoughts, tallied in tons of typing and tappings.

The Laughorist