Archive for ‘Finance & Economics’

March 10, 2017

The Killing Fields – Trump Style!

by Teréza Eliasz-Solomon (HeiressMommy™)

I remember again and again the phrase “the horror, the horror” in Joseph Conrad’s book The Heart of Darkness … Is that heart or should it be plural – hearts – what now leads this nation … Is that who President Trump is and what the current GOP is all about? Evidence seems to indicate the answer is a definitive YES!

One might think the title I decided on for this essay – The Killing Fields – is a bit of hyperbole however there has now been Executive Orders by President Trump as well as Republican Congressional Bills and attempted rescission of other laws that in fact will destroy lives – possibly leading to death in more then a few cases. Not much better than actual ending of a life are those decisions that will so affect health, education, housing, environmental factors and employment protection that life quality and viable years will be destroyed for a great many citizens of the United States – even having international dire consequences in certain circumstances.

 

Women, the LGBT community, seniors, children, people suffering from both physical and mental health issues, those disenfranchised by poverty and disabilities, immigrants and anyone else with serious life challenges are all at risk from the ideas and plans that President Trump has begun to put into place since his January 2017 Inauguration. I find it difficult to create a hierarchy for concern – the troubling daily life situations along with the growing Constitutional crisis the Trump Administration has presented are mind boggling … None the less nothing can be set aside when contemplating the importance and real damage this Presidency and the GOP majority lead Congress brings to our nation. Are not the evisceration of the EPA, school lunch programs, educational initiatives, women’s reproductive rights, laws protecting minorities and members of the LGBT community all equally a matter of concern that there is a turning back of progress? Isn’t immigration policy based on religion, pretense that racism no longer necessitates civil rights laws reason to fear the lessening of that which differentiates our country from those where ideology rules? Obviously the answer to these questions is yes – now what to do about the Trump/GOP agenda becomes the important topic for discussion and issues demanding intelligent and diligent focus by those of us willing to honestly face the difficult task at hand – that being no less then the saving of democracy and the values we in 2017 who want decency and equality for all people hold dear!

September 1, 2014

Labor Day

by Teréza Eliasz-Solomon (HeiressMommy™)

 LaborDay” …  Hungry people eating the stuff they raised, living in the houses they built, I’ll be there too …” says Henry Fonda near the end of the film Grapes of Wrath. On nearly every Labor Day growing up my late father and I read and discussed this iconic and historic book, as well as often watching the film together. I have written in other blog essays that I am the proud daughter of a successful business man who was also a union organizer – yes my dear readers, one can indeed be both.

The recent anti-union vitriol in this nation in nothing more than a political attempt to sway into action one group of Americans against another. The REAL and true economic fact is that organized labor has raised the standard of living for us all. History teaches well that companies responded to the pressing demands of unions even if not themselves involved. People seem to forget just how disposal workers were before employment laws began to be enforced. Injured at work meant goodbye to income and certainly no recourse to seek compensation for damages.

Yes I know that many of you truly believe that unions forced companies to close on account of costs and that your cost of living and purchases increased as well – this is pure nonsense I assure you. Simple truth is that REALLY healthy economies are a cycle of salary in, spending done and hence more jobs created. No matter labor, semi or professional status – if other folks do not have expendable and disposal incomes, then you will not have a position to receive yours either.

So do me a personal favor [you will thank me] my friends on this Labor Day – between the sale shopping, backyard barbecues, last beach visits – take some time to read Steinbeck’s Grapes of Wrath book and/or watch the old black and white film version. If you are lucky when I have you all over for a grand fête some day, you can hear me recite most of the very emotional ending soliloquy spoken by Henry Fonda, “  … wherever there is a hungry man, I will be there …”. Now go be a REAL American – support ALL our citizens in seeking security and good health and in doing so you will be reminded that we REALLY are our brothers and sisters keepers … so help me G-d!!!

P.S. In my first book, Heiress Mommy … A Modern Super Woman Life! and more complete tell ALL memoir, Life Journey of Heiress Mommy, many of the amazing REAL details concerning my late father’s business philosophy – including how his legacy has influenced myself and my dear husband in making recent decisions – will be shared. Until then, get to task and help make our beloved nation a place where ALL can prosper!!!

September 15, 2013

Is Quantitative Easing TOO Easy?

by Teréza Eliasz-Solomon (HeiressMommy™)

QEFools rush in, where wise men never go  ...” is not just a wonderfully romantic Frank Sinatra classic. No indeed, but it just might be the prefatory reasoning that the Federal Reserve uses in deciding not to  continue with QE in the fourth quarter. Are you wondering what exactly that term means? Break it down folks – they ease the quantity of available funds in our country by supplying more to banks and other financial lending institutions, while keeping inflation stable [not lowered] and as such not promoting over borrowing of easy money. Often misunderstood and frequently used as a political football, this economic tool has in fact helped rally the U.S. financial situation for some time now. Called both a tool of the rich in consideration of their ability to handle inflationary condition more readily than the middle class and equally suggested by others to be a socialist manifesto in the always present rant about governmental pejorative concerning involvement in private banks. The standard operating quandary these days is politicians piggy backing as a publicity stunt any suggestion by this Obama administration to do redirection of economic factors. Truth is not even members of Congress, let alone the general public, have full purview and comprehension of processes like QE, etc.. I say learn REAL facts or get out of the way because this nation is headed either to complete and long lasting stability or a forever more dissolution of a strong and vibrant fluid economy – one that works for most of our citizens and allows international involvement to be a REAL growth factor or an economy that marginalizes many and limits world participation.

In June of this year Federal Reserve Chairman Bernake promised to end Quantitative Easing in 2014 – why?  The REAL answer is nervousness that the proverbial “slippery slope” is just around the corner where our debt ceiling or the perceived debt ceiling will rise out of control by government over spending. I subscribe to the “you have to spend money to make money” theory – simple business structure explains that to produce goods or profit, one must invest. Well our government is investing in us – we the people get to use the eased funds for loans both private and commercial and the cycle continues in hiring, research and development, etc.. The bogey man debt ceiling mantra is destroying any ability for a REAL and reasonable consideration of what needs to be done to stabilize and grow the U.S. economy. Add to the vitriol and panic, the far too referenced situation in other countries like Greece where cradle to grave subsidies caused run away inflation – well now, warning, warning America! Nonsense I say – we are not any where near a socialist structure in this nation – there is a substantial tax base and if we invest to help create REAL living wage [not minimum] jobs more and more spending will be able to create a ongoing cyclic situation.

So in conclusion I ask my government to ease our path – do not fear and do not falter from the REAL task at hand and please do not fall victim to public opinion. These days the drum beat of social media and one note news outlets is deafening in relationship to REAL facts and REALLY necessitated actions. Just think how dire our situation will be America if the Feds do not stay involved – surely run amok privatization got us into this morass in the 2000’s and under President Obama so called government intervention saved our collective asses – auto industry for instance. Still caution needed and we the people need to get educated and be the ombudsman of sorts or at least start electing to Congress those REALLY interested in the sophisticated academics needed to run this place!

P.S. In my memoir, Heiress Mommy … A Modern Super Woman Life! and more complete follow-up Life Journey of Heiress Mommy my life long – yes cradle on – reasons for caring about issues like the economy will be explained. Not too difficult to understand considering I was born and bred in a business family and my dear father hoped one of us would go to the Philadelphia located iconic Wharton School of Business – who knows maybe the grandchildren my husband and I provided will do just that!

September 8, 2013

Remembering the Dinner in Saint Petersburg with G20

by Teréza Eliasz-Solomon (HeiressMommy™)

20130908-071428.jpgThe historical surroundings appropriately magnificent for meeting of the most important economic world players – a palace in Saint Petersburg, Russia was the working dinner setting this week for the 2013 G20 summit. This gathering of nineteen nations and the European Union Finance Ministers, along with major international banking entities has in the past staved off world financial collapse, bullied up failing national economies and initiated programs designed to create development among impoverished countries. Sounds like all things money are to be the menu du jour most would agree but not quite in that these meetings often are used to bring to the fore other world issues. Oh my, what is one to do when the gathering of the most influential types is subjugated to current events like the Syrian crisis? Apparently the answer this year was push it aside or at the most give it a chat up until 2a.m. during the so called working dinner.

You have read my opinion here before concerning the “middle of middle” folks in America … Busied [probably as they should be and the others of us more involved are to some extent as well] with the mundane insular aspects of their lives being either too selfish, too preoccupied or just not intelligent enough to care about world economics. The REAL truth is most people – certainly most in the United States know nothing of the G20 and in fact, not even that this organization exist. Why does this matter you ask? Well honestly not all that much except the misinformation and reactionary response of the ignorant among us is becoming deafening and one might say even dangerous. In the previous paragraph I write with some disdain about our President bringing the Syrian crisis – a war and humanitarian morass – to a conference where world changing financial issues are to be the at the forefront. No fool President Obama or any other leader to know that over emphasis on current tragedies through news venues perks the senses of the masses. Simple sociological analysis proves no matter how remote and disconnected a subject matter to the task at hand, the very vitriolic nature of some issues will gain attention. Do I sound elitist? Maybe but more dismayed – shaking my head in a oh my fashion that the intelligentsia of the world allows such public fare to distract time, energy and resources from a matter of studied scholarship to the news at 6.

The G20 was designed to study and promote high level discussion of policy issues pertaining to international financial stability. Indeed a war torn Middle East – which obviously includes Syria – might be reason enough to include its situation as topic for discussion. Such periphery inclusion is still, in my opinion, a dilution to the issue of the global economy. My main concern and plea for those involved and those of us interested enough to care is a watchfulness that not allow the important venues of the world to fall victim to the common place. Syria is without question important and should be dealt with but like many other world crisis, it must not be allowed to be elevated and interfere with other and possibly more important global concerns.

P.S. In my memoir, Heiress Mommy … A Modern Super Woman Life! and follow-up book, Life Journey of Heiress Mommy, much will be detailed about how I got to care about all things global will be shared … for now lets say it happened at my childhood dinners in Philadelphia!

July 30, 2013

America’s Middle Class Missing Those Halcyon Dynasty Years

by Teréza Eliasz-Solomon (HeiressMommy™)

DYNASTY LOGOIs my title here an oxymoron – no, not at all. For some time and through considerable reading – even study – my mind can not help but conclude that the working middle and solid middle class were perfectly content with their status and small sharing in the lives portrayed on the evening soap opera type 1980’s Dynasty television show. Oh no, you must be thinking – what possible analogy can that have to do with what President Obama recently discussed as the growing income gap crisis in America? Plenty I tell you for now and for some time we have dissipated and denied most any chance of even climbing onto the first rung of that exalted ladder toward grand wealth – why even quite a few already climbing upward through a two parent decent paying and benefit provided jobs have been knocked back down to nearly sub-par existences.

I have long believed that most middle of the middle Americans did not necessarily aspire to the complications that business ownership present … my own parents, husband and myself, other family and close friends have dealt with both the extraordinary opportunities and often daunting responsibility entrepreneurship create for an individual and even the entire family involved. Most good hard working middle class folks felt content and grateful for employment that allowed them a secure standard of living, fear from being homeless or penniless, with the extra expendable money to pursue the small pleasures of holiday parties, budget travel and comfortable retirement. A now and again moderate luxury expenditure or small assistance to educate a child for degrees previously never obtained in that family so much the better for these Americans. There was no envy or hatred for the wealthy or more educated for the working middle class felt their own modest dreams quite enough to claim happiness and gladdened hearts at that America promised and obtained to their wants and needs dream.

Gone, mostly gone is the standard of living comfortably for many in our nation and so there is now REAL anger – often misplaced and not correctly delineated toward the perceived well off. Enemies are now those perceived as greedy despite they too having worked hard and diligently to achieve success – frequently misappropriated blame is professed for explanation of who and why caused such personal economic failures for our fellow citizens. Are there guilty among us – of course, but mostly resulting from lack of REAL oversight and implementing of laws meant to control taxation and distribution of funds through corporation and governments alike. We must have a more logically and less finger pointing solution to the growing unevenness and disparity of American incomes … I am against the so called Occupy Wall Street movement and am convinced its very simplicity denotes a dangerous and meaningless attitudinal posture which will result in no progress toward fairness for all in this nation. Likewise, convincing one group of middle working class that another group – say union workers – are cause of their own economical problems is insane and a sure path to end the cohesiveness that this country depends on in order to function well. As President Obama just stated this week, the growing extreme income gap is fraying our society and our unity is disappearing. We each should demand others are paid fairly – economies are cycle structures and what is earned is spent and this creates another earning position and so on and so on. No doubt the other demand is that REALLY fair share of taxes – not more than fair – is paid by those fortunate to earn or inherit great wealth.

So back to the Dynasty television analogy I began this essay with – those days were seemingly copacetic for the elite showing their finery through drama and magazines, as well as the viewer and consumer. The couture designer clothes and wares offered to the privileged few could be morphed and presented for reasonable purchase prices to the many – satisfied with their obtained copied versions and elated at the REAL prospect that if working hard enough and if so desired they too could live the way those rich people did might, just might happen for them or their children one day was enough to make everyone REALLY happy to be Americans – lets now be determined to reestablish a system where that REAL or imagined status is at least a possible dream for many!

P.S. In my memoir, Heiress Mommy … A Modern Super Woman Life! and follow up book Life Journey of Heiress Mommy, many of the hows and whys I am both a confirmed capitalist and egalitarian union supporter will be fully explained.  For now I assure you if we meet I can sing union songs while wearing my REAL designer clothes – get it?

June 4, 2013

Lucky Feminist Me !!!

by Teréza Eliasz-Solomon (HeiressMommy™)

MRS_NWHMSomewhat difficult to determine all the reasons why – the blessing of good fortune, happenstance, circumstance, right place at right time or just possibly what I reap, I have sown scenario but the men in my life are feminist. Yes my darling readers either REAL feminist or at the very least respectful of my being one. Come to think of it, the men that I feel the most closeness to allow for the full scope of who I REALLY am – at times completely in charge, other moments very much in need of support, still others where – well not often – I throw myself into their arms [real and theoretically] for protection and directive oversight. Best of all worlds is what I seem to have. Asking why or how moi got so damn lucky? Hmm … probably a combination of there being no other option, a bit of plain old luck and putting out there that which I expect to get back.

Please do not think this post is going to be another blah, blah, blah tutorial others of my ilk often write in an effort to dictate the life plan of women and their guys – nope, it is my REAL and honest descriptive self analysis and a portion of my own  hopefully inspiring life story, along with what else is relevant in historical and current terms, that will somehow help the ladies and gents reading this get to that perfect balance where REAL respect is achieved. Here is an aside – both myself and my REALLY feminist husband, who if you read me regularly or know us personally, are aware legally took my last name and agreed to have our children do the same – are angry about the state of women here in the great U.S.A. and around the world. In her new novel The Woman Upstairs [a MUST read], Claire Messud writes about “the furies” – that being simply the furious tone we women should have concerning the still oppressive and often dismissive attitudes toward us despite education, earning capacity and such. Pissed off is what her main character is and hubby and I think most women should be – if not about ones own individual circumstance, then toward the other women less fortunate and certainly undeniably oppressed status to various degrees. We women are far too often the worst enemy of ourselves and others of our gender – less supportive of another woman is much too usual the posture seen in the work place, politics and community. Is it jealousy or fear? Not sure exactly but the lack of REAL connective and unified presentation against misogynistic attitudes is daunting to me. Of course, there are the absolutely amazing efforts by women to continue that which my beloved feminist Mother’s generation began … Still fighting to pass Equal Rights Amendment here in U.S.A., working for decent wages and health care here and around the world for women and girls, those striving to elect more American women to political office and even to get the National Women’s History Museum finally built in Washington D.C. – to name just a few of the ongoing and long sought after items involving women. Additionally, there are famous and well placed women attempting to enlighten and raise not only awareness but funds to help our gender – just this past weekend Beyonce, Jennifer Lopez, Madonna and other entertainers performed and sponsored the Chime for Change event in London to raise the consciousness of the world through song about justice, health and education for girls and women everywhere. All in all there is a REAL effort but we gals need more definitive action by everyone to get it right – to the place where gender REALLY does not matter any longer.

Being our own worst enemy surely applies to women’s current problems – if you want it all, then do it all – that is if like myself, fortune has smiled on you through education, etc.. There are our sisters with no REAL choice … place of birth and other factors rendering them incapable of having choices and so the rest of us must step up and do it – yes, make not only our circumstances and successes doable but be sure legislation here and government actions around the world insure the well being of all women. Dear G-d … when I hear women spout nonsensical things like “I am not a feminist – I love taking care of my husband and children” – well me too and he for I but that does not in any way excuse ignoring the REAL problems of women being denied choices in all areas of life and without any equivocation does not pass for reason to claim ignorance about the growing apparent recognition of things like sexual assaults in the United States military and more similar ongoing egregious actions against women. Listen folks, I bake, I love my family, I am a bit of a high maintenance Princess type but I also handle business and finance for my family and often friends, I am involved in politics, am a writer, athletic type and many more things but what I am not is foolish enough to allow society to define me – then why would I ever allow that to be the case for another women? I ask the ladies reading this to remember that all are affected by laws and tenor of community – her today babe, you and your daughter tomorrow in an oppressive world. To the guys reading this, my hubby is a REAL man who is not afraid to look after the homestead quite well, being a researcher and brilliant writer while doing so – and when someone offends or attacks his woman [me] he is a lion defender of his brood – no question about his manhood, trust me on that. What matter is it if man or woman does this or that task – we are each the better for the others accomplishment and only by working in unison will a family, community, country and the world get better, healthy and more equal for all!

P.S. In my memoir, Heiress Mommy … A Modern Super Woman Life!  many details about my late Mother’s feminism will be shared – how she told me it began as her personal outlook on life, etc.. For now please take a look at the picture connected to this blog – it is a dedication that my husband and I are endowing for her at the National Women’s History Museum, which I hope you all will consider making at least a small contribution in honor of a woman you REALLY love and visiting once open.

June 2, 2013

My Daddy’s Romance with Environmentalist Rachel Carson

by Teréza Eliasz-Solomon (HeiressMommy™)

rachel-carson-silent-springMy dear erudite, brilliant, activist Father was crazy about environmentalist Rachel Carson – a REAL crush in my opinion is what Daddy had for this forerunner in the filed of conservation. Therefore it was not odd that at twelve years old one of the books he insisted I read and then, as was par for our family structure, we discuss was her iconic book, “Silent Spring“. Well dear readers, Rachel Carson had no idea how REALLY dangerous the manipulation for evil and lack of concentration of biodiversity would become with the current ever growing advancement in technology. Now if you are a Luddite reading this, just take a deep breath and proceed with an open mind for REAL and honest dialogue must – absolutely must – be continued on issues of the lessening of species, crops and biological diversity on this planet; likewise there must be applied efforts to maintain and yes, control both man-made and natural destruction of our varied ecosystem if we are to survive. Not hyperbole but REAL and serious documented factual reality – there is a terrible problem that we humans need to address immediately and no slanted nor political viewpoint should be allowed to dictate the direction we take.

Something called the “conservation of variety” was a prevalent and definitive focus during the Cold War between U.S.A. and the Soviet Union.  In his New York Times op-ed, Ecology Lessons From the Cold War, Jacob Darwin Hamblin discussed that it was nothing short of than a strategy for human survival that made necessary scientific investigations and planning should the worse case scenario occur – the frighteningly titled “Mutually Assured Destruction.  The Cold War [mostly] over but oh my, the REAL war to save the world’s ecological diverse stability is ever growing and I assure you, none of us – no one – will win unless all of us get involved now. Saving whales or pandas, a rare fish – yes that too but crops, water systems and every damn contingency or sub system as well has to be protected and even morphed into a stronger lineage if so determined in order to be able to withstand environmental changes. What choice is there? Does any one REALLY believe G-d wants us to just go along, to get along? Well, tell me please because that is an insane attitude and my Jewish faith demands care taking of this gloried nature that the L-rd granted us purview over. If your own faith suggests destruction for an entry into nirvana – I want you to be REALLY quiet because otherwise someone will  – no make that someone must – get you mental health treatment asap or incarcerate you to be sure you do no harm to the rest of us. Yes, I know what you must be thinking – something like, “OMG Tereza, that is so extreme!”. You betcha because the ignorant among us are causing delay and defunding for REALLY necessary scientific research and development to save us now and future generations. I say if anyone disagrees and wants the so called “end of days” sped up – go for it – I mean take your single life out of the equation asap and leave the rest of us to do REALLY what G-d wanted and that is save his beloved creation. This is an ethical and moral imperative and not a philosophical ideal my friends and you will be deemed guilty of complicity if any less than supporting environmental preservation is your life choice!

P.S. In my book, Heiress Mommy … A Modern Super Woman Life! there will be details on my late Father’s early environmental activism and the irony that sadly a environmental poison [asbestos despite being only a so called white collar guy] ended his still vital [in his mid 70’s life], as well as , how those he loved and loved him are determined to legally and in other ways continue his fights for REAL justice and care for all living things!

May 26, 2013

Hedge Your Funds Baby!

by Teréza Eliasz-Solomon (HeiressMommy™)

wall street blog babyCould it simply be a case of gestational status depreciation, an arbitrage suckling shrinkage scenario or short sell C-section causing the problems? Hmm, what you ask am I talking about now? Well my darling readers, nonsense is the REAL answer but apparently some males think those Wall Street financial world activities can not adequately occur when we females have children. Seriously weird for anyone to REALLY believe that is probably what you are thinking  … are you joking Tereza? No, I am afraid not because this past week Mr. Paul Tudor Jones, a  billionaire hedge funder, declared that once we women have babies that pretty much will end advancement in financial world careers on account of that natural life occurrence being  the causation for the lessening of ambitions. Now never mind the CEO/CFO females running major corporations who are Mothers – nope, damn the evidence to the contrary because Mr. Jones was not  using empirical facts but instead only his own personal antiquated misogynistic and dangerous precepts against my gender. Well – you just know I have a personal message for this schmuck – here goes:

Note to Mr. Jones … you can just go ‘whatever’ yourself because it is a REAL fact that I prevailed while gestating, mothering, etc. – in ALL areas, including financial and legal matters of great importance; grant it I have the most amazing men in my life as support (women too) but sweetheart [you don’t mind if I refer to you that way – right?] it was me putting my designer shoe attired feet, one in front of the other, to get things done. I would love to have you meet me in person to discuss this further – you Sir will recognize me because it is I, not you, that display REAL self confidence!!!”

Sincerely, Tereza Eliasz-Solomon

Ok- now that I have stated my REAL opinion – here are some REAL and salient facts, statistics and narratives about women in the financial industry. In 2009 the “Women of Wall Street” were added  to the American Finance Museum as an exhibit denoting those females of monumental importance. One of my and my late Mother’s favorite women in finance, included in this event and currently a very important presence at Goldman Sachs, is Abby Joseph Cohen – a wife and Mother herself. There are many females who control and design products that move and change the world economy – some have children and some don’t but why the hell any man would believe for a minute that giving birth – which female world leaders have done for centuries – would lessen our ambition is illogical and insulting at best. Every year Harvard University graduates women with MBA degrees and the iconic Wharton School of Business in my beloved hometown of Philadelphia likewise – there are other similar programs doing exactly the same across this nation and around the world. It is obvious that in just the act of graduating these women are therefore well versed in economics and finance … many already Mothers I am sure. Statistically it thus becomes an impossibility that child birth renders females less ambitious – simply on account of so many having completed scholarship and subsequent work product in that field while and after becoming Mothers.

I wonder if men like Jones actually believe that biology is destiny – is it the physical act of birthing being suggested as reasoning for us gals being thought then less capable? Surely men becoming parents equals they too having divided attentive energies as being a Father brings great responsibility and necessitated strength, fore thought and a directed consciousness that one could claim also lessens focus for work issues. Is it being suggested that the mere act of being a parent proves too divisive a chore to any longer address career responsibilities? Hence the very act of going from without child to parental status renders a professional less worthy in the opinion of hedge funder Jones and his like minded compatriots. Seems simple then – only childless forever folks need apply for the most powerful position in society … guffaw  and belly laughs insert here. See – it makes no REAL sense that giving birth, adopting or as I have been blessed with, being in a marriage where parenting is a REALLY equal full time position for myself and my husband, which creates a opportunity for both of us to be creative, successful and REALLY ambitious. No matter the structure of a women’s child bearing and raising situation, her employment should not be affected intrinsically or by others … yes ladies, we too need to not let being Moms get in the way of our work product – that is no more so than the Father of four children, Paul Tudor Jones, did with his!

P.S. In my REALLY soon tell ALL  memoir, Heiress Mommy … A Modern Super Woman Life! the REAL and quite amazing details of how I actually manged to, as the saying goes, have it all – or least attempt to -will be shared. Want you to know it takes hard work, some luck and a great deal of faith  – plus, having the REALLY greatest people surrounding you – to get to that place where it is all doable to at least some extent. For now, I want to thank ALL the supportive and REALLY secure men in my life … these great and talented men who never hesitate to help me be better and who, like my feminist husband – who legally took my last name and agreed to have our children do the same – are REALLY secure and strong enough to never be threatened by any woman’s success. In fact, the men in my life champion and promote my achievements and they are intuitive enough to realize we then can be each others REAL heroes. I love you guys and am eternally grateful for your presence in my life – you each “had me [impressed] at hello” !

May 22, 2013

Supermarket Magazine Analysis — Food For Thought !

by Teréza Eliasz-Solomon (HeiressMommy™)

food_for_thoughtI have a firm and absolute rule about the magazines in check out lines at Supermarkets – that is no one who shops for me [not family, friend or employee person] can relay tabloid information to me or in my company that was culled from a shopping excursion.  I do not read nor am I ever tempted by the salacious cheap offerings that one is forced to stare at while waiting to pay for purchases. Now I have a valid analysis of what type of clientele a certain or other market caters to according to check out material and of course, it is simple business structure that denotes such choices … you know how it goes – you stock what will sell. Still, I find it REALLY interesting that the food stuff, other products and magazines line up so nicely to express who shops where.

It is true – I admit it – there are areas of life where one could say I am a snob. By which I mean demanding of certain standards and quality. Nothing wrong with this in my opinion as it takes only an understanding and appreciation of things to gain such sensibilities. Obviously, funds are needed to acquire many of the things that are best made but here too a sense of REAL value must prevail. One of the struggling issues of our times – something our amazing First Lady Michelle Obama has addressed in her Let’s Move initiative – is that  poorer communities have no REAL access to organic and fresh food;  fast food being cheaper and more readily available to fill a family’s caloric requirements than fresh produce and healthy protein items has left our society overweight and in poor health.

Seems simple and apparent to me through the evidence that our society is being further segregated through the Supermarket offerings of food, other products and yes magazine offerings at the checkout. Without a doubt the well heeled among us always had opportunities for finer dining experiences and such – the difference is others could still eat healthy and with a little effort read that which their wealthier and more educated brethren were privy to on a daily basis. I love capitalism but the the base profit margin standard is enforcing a no holding back attitude as to what and where offerings of products and information are made available … want to be offended, well may I suggest that some corporate office type is even as you read this discussing how “those people” will only buy such  and such, so why bother stocking the better of what we make or sell in their neighborhood. Now a truism is REAL that some self motivation to read better material, eat healthier food and such is at play here – however, not everyone has the impetus or where for all to step away from the easy into the more beneficial options. Is not the goal of a great nation like America to lift the masses through equality – does not this include informing and allowing purview to greater things? Whose responsibility is creating such a Utopia? I think the answer is elected officials in part and also the companies – including and maybe especially news outlets – to prod, instruct, inspire and direct ALL toward betterment.

All right now – back to the magazines. In the better markets, like my beloved Whole Foods and other like minded stores there are Bon Appetit, Architectural Digest, Yoga this and that, Vanity Fair, Vogue, Fortune, Forbes and a plethora of local upscale ___ Today – depending on the best close by neighborhoods. Why even the better newspapers are frequently sold – my favorite New York Times and Wall Street Journal for instance. Conversely at the less quality oriented markets, one finds tabloids galore – The Sun, The Enquirer, Star and occasionally People or US. Now you tell me – is this not simple Finance 101 in that they sell what will sell to who they think buys in their place of business … again I say nothing wrong with that, except the resulting delineation and further class alienation among our citizenry. My very well read and erudite parents often bemoaned this scenario – they explained that at one time the cab driver and the doctor or lawyer in a town read pretty much the same newspaper, heard on radio or saw on television almost the exact same reports and sure the better educated and motivated family – like my own – made it a must to read and hear/view beyond the standard venues. Yet all were given opportunity to know the same REAL facts and as such, their children too. Sadly, not the current societal norm – we are divided into not only the income haves and have-nots but the nutritional and intellectual advantaged and disadvantaged. Troublesome and dangerous I tell you – this has and will further lead to eventual irreparable divisions in this country and throughout the world. The one bright light – although it too seems to be more and more divided – is social media. My prayer and REAL hope is that Facebook and Twitter, et al. will force a communal sharing of the better for ALL!

P.S. In my year (2013) end memoir, Heiress Mommy … A Modern Super Woman Life! I will share the REAL plan that my husband and I are working on to purchase his beloved paternal grandmother, Walerya’s, Michigan farm and turn it into a cooperative community food center and agricultural/nutrition teaching venue for inner city Detroit and other local youths and their families … this will be one part of our soon to be established Eliasz-Solomon Family Foundation.

May 13, 2013

The Gay Economist

by Teréza Eliasz-Solomon (HeiressMommy™)

jmk-keynesLong a personal fan [like my erudite Liberal parents before me] of Keynesian economic theory, I was daunted by the recent Niall Ferguson controversy where he suggested Keynes theories invalid on account of that famed economist having been gay and childless. The suggestion was the Keynes could not have been forward thinking about the future of day to day economics as he had no progeny to care about. Well now – REALLY one must ask? Let me begin by firmly stating that Keynes actually cared a great deal about the long run consequences of financial policies – just not at the risk of destroying current day stability for the nation involved or the world. With that REAL fact out of the way – we must give consideration to the prejudicial tonality of Harvard Professor Ferguson’s assertions. Surely as we are all informed and directed by personal narratives, so was John Maynard Keynes but this does not in any way denote the rhyme nor reason for his scholarship on the subject of economics. Let us examine the implications of lifestyle choices on topics of great importance and while doing so inform ourselves on those determined to minimize that which they find offensive or incorrect through misconceived ideas.

Dismissive attitudes make examining REAL and pertinent ideas almost impossible … you have heard the excuse of he or she thinks that because he or she is such and such. Silly when one considers that each of us come to conclusive positions through learning and experience. Yes it is imperative to set aside as best possible our own life biography when postulating that which affects others through our professional work; even then,  without a doubt who we are in private life will influence that which we pursue in work. My own take on economic theories mirror Keynes – I too think the private sector while valuable and primary must be assisted in down turns by public or government programs and funds. Wow – me a confirmed heterosexual and the mostly [yes mostly in that he married a woman he loved a great deal] Keynes share philosophies – me and many rather famous heterosexuals, like Dr. Paul Krugman, etc.. Now in all fairness to Professor Ferguson, it is a truism that one can be guilty of self prejudices and thus put forth those theories that lay way for self aggrandizing. This quandary needs to be a matter of investigatory observation in an attempt to have only the purist of adversary rhetoric added to discussions of weighty significance.

The important economist Milton Friedman thought Keynes “naive” but is that because like myself he was Jewish and Keynes not? Remember that I have already stated that I and my Jewish parents were very much of the Keynes school of thought. Well maybe – just maybe our shared faith influenced that which each of us and all Jewish people see as important but then why do other Jews think opposite? Hmm … complex and yet simple – we are definitely the products of our environments however never to be set aside as irrelevant due to this or that ancestral history or genetic predisposition – like being homosexual. The world community is diverse and magnificent in its mosaic fabric – too important are the issues of finance, health and welfare to deny opportunity to all and many able to contribute. So gay, straight or other – come one and all to the table – we need each person to be seated and REALLY involved!!!

P.S. In my year end memoir, Heiress Mommy … A Modern Super Woman Life! much will be explained as to the how and why  life has afforded me concern and input concerning things like economics, sociology and such – a REALLY interesting life story if I say so myself!

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