Early AM rowing. Some teams are practicing for races. I'm not around enough to race but will engage in some training for exercise and fill in for last minute emergencies. Today was a double and it was already hot out!
Tuesday, July 4, 2023
Monday, July 3, 2023
The Drive for Money: What the Philosophers Say
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| All good karma! Which pebble are you? |
I live by the philosophy that if someone can take it, then it wasn't yours to begin with (Life of hard knocks I guess. We learn young but that learning makes us very insightful so its not a complete loss.). That comes from learning very few things in life are permanent. Enjoy each moment for what it is and then let it go. Everything in this life is on loan. That being said, most people make just about every decision in their lives about money or who has money (Some can sort of distance themselves from it and others master money.).
There are 7 money personality types, says psychology expert. Which one are you? Some very good explanations on money. Shows different types of money personalities. There is no right or wrong. There is only seasoning on steak (Tofu if your vegan. 🤢)Wealth can lead to more satisfying life if viewed as a sign of success vs. happiness. A new study found that viewing wealth and material possessions as a sign of success yields significantly better results to life satisfaction than viewing wealth and possessions as a sign of happiness.
I found this interesting article on money in ancient Greece. Kind of cool. Either way, money is great, feel free to make as much as your heart contends. Just don't be its slave......
I found two article I thought were sort of interesting.
1.The Root of Money is Evil . I don't actually think money is evil at all. It is a source of good things. It separates those who know what to do with money from those who don't know what to do with it. Its a defining thing of our times and it becomes central to the modern buzz of life. Money should be used for enjoyment and life quality. Some of it should also be used for charity. A balance of self indulgence and giving hope. Two ways of using money I guess. Like Ying and Yang. I always wanted to sort of built a company for my grand kids (Boarding school dreams. I loved the days. These people taught me things just to teach me and I learned some really good stuff. Give back to the Capuchin Monks and Imams in my life. Good people. I don't really care what you think about either one. They were good people trying to good for others.) and for charity. Maybe fund a whole orphanage is sort of in my long term plans. Set it up as a separate non-profit entity self funded and focused on preparing orphans to really have a chance in the corporate world. To copartner with American companies in Mexico to develop opportunities for kids to really beat their grueling past. Its sort of long, long, term goal. Probably won't happen but you never know. Another one would be to fund gifted programs for not only American kids but also maybe international kids. A small school, highly enriched, and then perhaps set them up with companies to sponsor them in college and maximize their skills. One part of me feels like it is elitist but the other part is these kids are in their own sort of world and its not fair for them to be out there alone. They need people like themselves to really grow. Its unfair either way. Those are some serious debates and I'm not even sure how I would come out on the end of it in my perspective.
2. How Did Philosophers Support Themselves? I find this sort of interesting. Could one in modern life support themselves purely through philosophy? (Before you judge I like what I work in now because I give back so I don't plan on me being a true Beach Bum anytime soon. More of a poser. If you see me in flip flops and my ripped jeans in Ocean Beach or in Escanaba don't blame me. I'm striving for greatness! We all have goals! Mine have always been lofty! When I think back I think I have accomplished all goals except three. I'm not going to say what those are. Either way....we are the journey. I think those three will be accomplished but I'm not 100% sure either. They are sort of those things that sort of run as a long theme.)
Manufacturing ISM® Report On Business Indicates Manufacturing PMI at 46% a 8 Month Decline
The Manufacturing news is not positive for the moment. Come on peeps we got to do better than that! The report shows that manufacturing is declining. Other reports seem to say that investment in manufacturing is rising. So we have a decline in actual manufacturing but might have increased investments. What we might wonder is what the market might look 6 months from now?
I don't watch this stuff all day and I didn't go into the details of the report to really do some comparison (I got a house to clean and Beach Bumming to do!). Yet one report says we have an anomaly increase in manufacturing investment and the other says we have a decline in production. Other reports seem to indicate a trend of decline. What would be interesting is if it started to bump up.
We could also consider its a precursor to a recession but that isn't for certain either. Wonky numbers I think! Let us wait and see what happens.
Wait for it, wait for it...just kidding. No idea.
Manufacturing PMI® at 46%; June 2023 Manufacturing ISM® Report On BusinessThey have a lot of depth but this seems to summarize "New Orders, Production, Employment and Backlogs Contracting; Supplier Deliveries Faster; Raw Materials Inventories Contracting; Customers' Inventories Too Low; Prices Decreasing; Exports and Imports Contracting"
S&P Global Flash US Composite PMI: US economic upturn slows in June as dependence on services grows (June 23, 2023)
Global Manufacturing Declines in May
U.S. Treasury Department Says Investments in U.S. Manufacturing is Market Anomaly (Digital Platform Shift?)
other articles:
Global Manufacturing Declines in May
Marine Corps Offers Up to 15K for Cyber Warriors
The world of warcraft is changing into a whole new era of electronic cyber combat. Technology will be a big thing going forward and cutting edge organizations like the Marine Corps need new warriors. While the same courage and tenacity from the past is needed, they also need the brightest and most creative minds The Corps can attract. .
Marine Corps triples enlistment bonuses for cyber jobsAmericans get poorer as expenses surge
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| for example Chewy. Wants manicure and pedicure but budget dictates he gets washed off on the dock to save money. (Don't worry he actually likes it tries to bite the water.) |
We have work to do on an individual level and on a macro level.
First, its not easy living that way and I have done that for a pretty big period of my life. I have two kids as a single parent (some of the time but now all the time), keeping my car running, paying my debts, and getting the things we needed for life.
Secondly, having workers move up the global supply chain to the highest point they could find on the creative production line is helpful. That requires education, training, opportunity and government policy that returns manufacturing back to the U.S. We are working on some of this now, but the conscious thought of it helps.
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