Distraction

I'm not sure if this happens in other fields - I'm guessing it does - but I find that an awful lot of what goes on in the world reminds me of the primacy of communication. Then, when I think about communication, I think about the importance of being logical. Which leads me to the enormous hoopla about executive bonuses, namely, those unfortunately paid by AIG to its people.

It would be easy, speaking of logic, to feel a need to comprehend why AIG sallied forth with a plan that (in retrospect) looks a lot like a greedy company hurling toxic waste at already angry taxpayers. But let's not look back. This is now, and AIG brass have in their fists very nice bonus checks (which some may be loath to return because - of course - they've already committed them to a new vacation home or liposuction for the whole extended family). American taxpayers are madder than wet hens as they gaze at their household bills, their unemployment checks, oh, and let's not forget their 401 (k) statements, now printed on post-it notes due to the reduced number of digits in the account balances.

It's the present that worries me. The new U.S. administration has a lot to do. Most likely (!) we should REALLY tighten up our bonus rules for companies taking tax dollars from annoyed citizens. But we should admit (if sourly) that the estimated $218 million (gulp!) in AIG bonuses is a trifle in comparison to the $XXXXXXXXXXXXXXXXXXXXXX* in total loans, bailouts, offerings to the gods and whatever else we're throwing in the fires of the Great Recession. *(I'm looking for a total dollar figure but there are so many choices I'm getting terribly confused). And because we are v-e-r-y busy with important matters, surely we shouldn't act draconian and transparently political and impose a retroactive 90% tax on this AIG bonus money. Pul-eazze. What if these were working class people? Or union members? Who the heck gets taxed 90% on ANY form of income? Sure, we must address the gaping holes we find in our new recession-fighting programs, and there will be plenty of those. I'm saying that this done-deal-already-contracted-already-paid AIG bonus is a foolish distraction at best and a damaging misuse of our government's, news media's and public's valuable focus at worst.

I like the idea of highly bonused AIG executives graciously returning the money. But whether that happens or not, let's move forward with the business at hand. Let's not spend too much energy and time chasing a couple of hundred million dollars that, even though it sounds like a lot, in the end will mean Very Little in the face of the Very Much we need to fix.

Are YOU a good recession citizen?

There are good reactions and bad reactions to living in The Current Economic Climate. Depending on what extremes you care to go to (and listed here in no particular priority) I venture to classify the following as good and bad responses:

Good: Pointing out to your offspring that college is very expensive and that excellent careers exist in growing fields like Unemployment Check Printing, Developing Dollar Menus at McDonald's and the like. Better yet, certain of these careers require only a fifth grade education, so you can also save money on school supplies and clothes from Abercrombie & Fitch by forgoing middle and high school.

Bad: Hoarding your money if you still have a good job and could be supporting the rest of us, for example by buying items we've placed in our front yards for sale, or have dangled temptingly before you on eBay. Buy something, wouldya?

Good: Letting your cousin or your brother move into your basement when she or he loses that job Printing Unemployment Checks.

Good: Planning for a dreamy life that isn't so expensive. My little dream? Waiting tables in the Virgin Islands and living in a hut with a grass roof. Yum. (Okay, sure, it's just a dream and yes, we'll turn in your projects next week as promised, dear clients!)

Bad: Trying to shame other people because they have to make an income and thus attempt to charge you a living wage. ("How dare you charge me $4 for a latte? Haven't you read the news?") Skip the drama and make your own coffee if that's the way you feel.

Good: Buying an investment property or investing in stocks. But read Suze Orman's new book and advice columns first, since I don't know bupkas about this.

Bad: Assuming this slump will last forever. It won't, especially if you keep working, buying grass huts and humming a little song as you go through your day.

Please tell us the good and bad recession citizenship examples you're seeing. All our readers are in the mood to hear them because all anybody talks about anymore is... surprise!... The Great Recession! Cheers.

The mind at rest, kind of.

[caption id="attachment_363" align="alignnone" width="150" caption="...dream on."][/caption]

My sister Molly sent the family an email that read:

Last night I dreamed that I had saved my dream as the wrong file type and I couldn’t open it.

First, I must express my admiration of a dream so terse and still so meaningful. It makes my recurring dream of being lost on Commonwealth Avenue in Boston and knowing I need to walk the 90 miles home in the dark seem... well, rather stale.

More to the point, I think my sister just had the ultimate "I'm stressed and not exactly having the time of my life" dream that deserves the 2009 Great Recession Award.*

(*All credit for the term "Great Recession" is ceded to my older son, Zach.)

When I get stressed, I misplace credit cards, keys and other everyday necessities. Sometimes I misplace them in restaurants or public restrooms, which is unfortunate. My sister, apparently, mis-saves dream files.

When I get stressed, I can lose touch with my aspirations, my joys and my confidence. My sister can't even dream her damn dream.

On the other hand, don't you think the mind is a wonderful thing? What a creative way for her brain to say, "Hey kid, you could use some downtime and fun, because life is taking you away from yourself."

May she open her next dream file with ease.