Racing Towards the Future

Nearly three months having passed since I last wrote, I return with trepidation. I skimmed over my last few blog entries to get an idea of where my head was in the last quarter. In the midst of my father's passing was where I found myself. In the time that has slipped by since then there have been a number of events that have given me pause. They deal with daily life, work, family and future.

A new union contract at my place of employment has put a new perspective on a great deal of my daily life. The changes from the previous contract are significant. Top of the list would be a nine percent pay cut coupled with a completely new health care package that involves new costs and restrictions. There was also the loss of a week of vacation and the elimination of the job I currently perform. That doesn't mean I lost my job, it means I have to bump a less senior person off their job and take that one. While this has happened numerous times in the past, the current incarnation of the procedure lends itself to a paradigm shift in my overall perception of my job and near term future.

I have an opportunity to get a class A commercial driver's license with this change. I have had a class B license for about twenty years and have had the occasion to use it on the side for part time employment to supplement my income. Obtaining a class A license that will accompany me when I retire from the company in a few short years will provide an additional opportunity for work once I actually do retire. Wait...doesn't retirement mean ceasing to work? Well, at most times and in most economies it does. However, living in the San Francisco Bay Area the cost of living is astronomically high. I have been fortunate enough to earn enough so that my wife has been able to stay home and raise our kids and be a homemaker once they were old enough to fend for themselves. Now that the kids are (mostly) out of the house, my pay has descended to levels slightly above the rate I was making twenty five years ago when I started here. That does not bode well for the future. I want to be able to retire and live comfortably on my pension and whatever income I may need to earn to supplement that.

The new health care package involves changing from a PPO with little or no restrictions on who or where we went for care as long as they were in the network to an HMO. Previously we had no co-pays for office visits or medications. Great coverage you say? Yes it was. We paid dearly to maintain our coverage. Our contractual pay raises were diverted to pay for the rising costs of our health care coverage. Our new HMO has co-pays for office visits and prescriptions. We are able to stay in a Teamster plan so we retain our retirement healthcare benefit. That is essentially the only reason I stay at my current job. Sad but true. The few years I need to reach retirement are what keeps me there.

Years ago I could say that I actually enjoyed my job. We still had the worst schedules of anyone in the valley but in the past we earned enough to make it worthwhile. We had five weeks of vacation that was well deserved. This job takes it's toll on your body and your home life. You essentially live on the opposite side of the clock from the rest of your family. The middle of my work day is the middle of their night. I'm punching out and heading home when their alarm clocks are ringing. If one makes it to retirement they most assuredly posses numerous surgical scars from repairs of rotator cuffs, knee ligaments or replacements, back surgeries. The list goes on. I earned a good wage and had good benefits so subjecting myself to the rigors of the job seemed worth it since I kept a roof over our head, food on our table and we seemed to have a decent amount of disposable income. There was also camaraderie with the other guys I worked with. We could have fun, work hard and earn a good living. Fast forward to the present day.

I recently found out that I qualify for P.G.&E.'s low income rate assistance. That was an eye opening moment. I realize the industry I work in is breathing it's last gasps of breath. I know for sure that the company I currently work for does not care one bit for the struggles of it's workers. It's their bottom line. Cut, reduce, consolidate. Whatever needs to be done so the profit margin maintains some elusive level. At the moment I'm reevaluating the basic services that we bring into our home in order to see which are necessary and which are luxuries. I find us shopping more at Dollar Tree and looking for bargains in even more earnest. Juggling bill payments between paychecks seems to be my part time job now.

I don't want this to sound like I am whining because I honestly am not. I am trying to frame my current point of view and how it affects my perception of the future. I can't hardly stand the wait until I can leave this place. I know I can get an exponentially more satisfying job than this one doing something I like to do for a company that appreciates my efforts. We are currently viewed by management as overpaid. The same way they view the contractors who actually deliver their product. They are trying to cut the rate of pay to just above the point where a contractor would want to quit because it's not worth their time and effort. Here's a thought...reward your workers for the hard work they do and make them want to work for you. I know that won't happen so I've resolved to "make it through" the last few years I have to put in. Sad commentary on twenty five years of life.

The silver lining is that once I leave here, "my future's so bright, I gotta wear shades"!

The New Fifty Dollar Bill

Have you seen the new fifty dollar bill that the Treasury is producing??

What Has This Country Become?

I don't know who we are anymore. The corrupt band of criminals in Washington D.C. have co-opted my children's children's future. These bastards spending money on their whore's like there's no tomorrow. Sorry for the language but that's how I equivocate this fiscal travesty that's happening. Feel free to see where some of YOUR hard earned income is going. Here I am working and trying to get by at my trivial "job" while these bastards are giving criminals BILLIONS of dollars so their companies won't fail. Somehow they are too big or too important to fail. Excuse me...if you are crooked and run your company into the ground, it should fail!! After it fails YOU should go to jail and get a maximum sentence in the general population. Then you can become Bubba's bitch and see how it feels to be a regular Joe. You can get it just the way the rest of us are getting it. Scum bags. I understand that this is not the "me" that you are used to reading. It IS the me that is incredibly pissed off!

I learned today that all the employees of our company are required to take one week off without pay before the end of March. Hello? Washington? Where's our bailout? I know that a week without pay is better than no job at all. However, why don't they give me my tax money back instead of spending "$150,000,000 to provide emergency relief to eligible producers of livestock, honey bees, and farm-raised fish to aid in the reduction of losses due to disease, adverse weather, or other conditions, such as blizzards and wildfires, as determined by the Secretary".

Corrupt Bastards - Every one of them!!! You people need to wake up! You get what you vote for. If you voted for one single incumbent, I can only hope that you are looking back at your voting propensity with great dismay. The Founding Fathers are churning in their graves.

I'm signing off to go have a siezure in the quiet comfort of my padded room.

My Job Needs Resuscitating

Back in April, the job that I was doing for the paper that I work for was eliminated. I ended up taking an entirely new job just created that no one else had done before. I would be replacing three soon to be former employees. I received a grand total of about one hour worth of training from the outgoing guy who had all the single copy sales responsibilities. That's the papers that are sold in stores and in the vending machines. I received zero hours of training from the slacker who was responsible for the home delivery distribution. She decided to call in sick her last week of work rather than stick around to help out the poor schlep who was booting her out the door. The warehouse guy was really the only reasonable one to work with for the last week that they were employed. At least he didn't bail and stick it to the new guy. Well, not actually a "new guy". I have 21 years in circulation, just not the circulation they were responsible for.

The first month as the big cheese, I worked seven days a week around 12 to 14 hours a day. I was essentially training myself. I had to learn everything about this new position on my own. To top things off, one of the home delivery dealers had given a 30 day notice that was effective the day before I took over the area. Making matters worse, he had a carrier who quit on him two days before that. I was throwing a route that took about 2 and a half hours to deliver. It was nasty...apartments, condos, businesses. I couldn't take a day off until someone knew how to do my job. Even if they knew the job, I couldn't leave them to throw the route. It would take them about 5 hours if they didn't know the delivery.

My "swing man" who works for me on my two days off could only be trained by me on overtime on my days off! He worked other districts his other three days. After about three weeks of training, (that's my 2 days off each week) he was able to have enough knowledge of the nuts and bolts of the job to at least let me have my days off. There were still things that he could not do that were necessary to the operation. I had to do these when I got back from my off days. This usually caused my Monday to be excessively long. I had become a zombie of sorts. Eat, sleep, work. Eat, sleep, work for weeks on end. My wife wasn't real pleased either. I missed some birthday's, doctor appointments, and various other promises of "I'll be home by....." all for the job. I felt obligated. I couldn't NOT be there and let the district blow up. How foolish to have such concern for a job well done. I could have easily taken the route of a slacker and been none the worse for wear. But that's not me.

Well the story goes along for a few months and I get the operation fine tuned. The operation is purring like a kitten and quite manageable. The home delivery dealers are doing a good job and I'm making sure they get paid. The single copy distribution is still a hassle for paperwork but that's the nature of that beast.

I get a call from my Teamsters Local Business agent. He says he has a meeting with the company the next day and he's planning a general meeting with the membership. This is never good news when those two events occur in close proximity. The news can only be bad and it generally costs us money or benefits. After his meeting with the company the rumors are flying. Layoffs, consolidations, cut backs. You name it we heard it from one source or another.

The next week I'm sitting in the union hall at the preordained meeting reading the informational page that was handed out and lo and behold, my district is being eliminated. The plan was to have my operation folded into the Mercury News operation in the same warehouse. In other words, I did too good of a job starting from scratch taking over from three people and making the thing work with just the one of me. Now I've worked myself out of a job.

The most galling part of all of it is the line that was fed to me by my supervisor. He had been on vacation the week prior when all this went down. He met with me and asked me what was happening like he hadn't been in the loop. I may have been born at night but I wasn't born last night. He said he just heard about it Monday when he came back to work. Yeah, ya lying sack of fertilizer. Nothing happens in his warehouse that he doesn't know about. He always sends some type of email when he's on vacation. He follows up on things even when he's gone, leaves voicemail, etc. Then he asks me what I thought would be the best way of implementing the "plan" for my area. I sat there thinking, "You've got to be kidding me!"

He was handing me rope hoping I would hang myself by telling him how to eliminate my own job. I don't get paid enough to create or eliminate jobs. The company can post the job description and I'll bid on it if I like it. If I don't, I'll bump into another department. The nerve of this guy. The longer I sat there the more upset I became. After repeatedly asking me what I thought I would do he came up with a scenario where I could keep my San Mateo Times district AND pick up the Mercury News circulation in Palo Alto. Let me see, here. That means I would have two jobs. San Mateo Times AND Mercury News. Along with that comes Wall Street Journal, Barron's IBD, Financial Times. Let me check the pay scale. Oh, right. Twice the work, same pay....sorry about that.

Never again will I assume that this or any other company has even a speck of gratitude at all for the work that the employees provide. For twenty one years I have worked Christmas, Thanksgiving, New Years, birthdays and anniversaries. I have missed countless family functions because of the ridiculous hours I work. I've gone to bed before my kids their entire lives. I work when the rest of the city is sleeping. I understand I chose freely to remain with the company all these years. The pay and benefits were just good enough to keep me from leaving. That has taken a turn for the worse as well. We have consistantly been diverting our raises to our health and welfare plan for several years now. This past September we actually took a pay cut to maintain our healthcare coverage levels. While we still have exceptional healthcare coverage, the company is moving closer and closer to eliminating the union. My hope is that they will stay afloat until I can secure a new career path. The newspaper industry is in dire straits with circulation in a free fall.

Get the paddles out, start an IV and CPR.

Senator Obama's Four Tax Increases for People Earning Under $250k

Incredibly easy to understand article about the proposed Obama tax increases and the subsequent lies about those making under $250,000 a year not getting a tax hike. I have not read or heard a better description of the Obama obfuscation and outright lying regarding his tax policies.

Click the post title to read the full story.

Obama Audio Supporting Bad Loans

From the horses mouth....

And The Plot Thickens

Here's an article from MediaCircus.com that has some history of Obama's legal carreer. He sued Citibank to force them to make bad loans to people who could not afford them under the Community Reinvestment Act. The suit alleged Citibank was redlining.

Wake up people....connect the dots!!!

Watch the video in the previous post. It will make your head explode!

Obama Rakes In the Lobbyist $$ From Fannie/Freddie

Those contributions, however, are from the lobbyists who represented the failed Fannie Mae and Freddie Mac. Obama, having been a Senator for a mere four years, out-received (to coin a new term) lobbyists dollars for even John Kerry who has been in the Senate for decades. Click the post title for the story from John Gibson at Fox News.

Some icing on the cake of incrimination: Franklin Raines and Jim Johnson in recent years were at the helm of Fannie Mae and Freddie Mac. They are both current advisers to and supporters of Barack Obama. Do we want a possible future President getting his economic advice from the very people who perpetrated this current financial mess on our country?

Excellent Explanation....

....of how the country got into this financial mess on the Glenn Beck website. He gives a historical accounting with reference links to the information he provides.

Barney Frank - Incapable of Telling the Truth

Here's a story from the Boston Globe, and one from Bill Sammon on the FOX News website showing just how disgusting a politician this man is. I happened to catch him on Bill O'Reilly's radio program the other day. While Bill did lay into him heavily and hardly give him a chance to respond, when he did he would point fingers and harken back to 1994. This slimy excuse for a human being simply refuses to admit that he had anything to do with the current mess we are in. He blames the "free market".

Pathetic. Throw the bums out. All of them!

It's All In The Accounting

I've been hearing more and more about how the impending "bailout" could be avoided by simply changing some of the regulatory language for the industry. Currently they are under Mark to Market rules (warning - possibility of article induced dizzyness after reading linked Wikipedia page). This article from the L.A. Times has more of a laymen's description. This one from the Phoenix Business Journal has detail about the current (Tuesday 9/29/08) talk of easing the mark to market rule. The Times Online piece has some good historical background on the current situation.

It seems to me (IMH-uneducated-O), that if this bailout can be accomplished without costing taxpayers a trillion dollars, that should be the course to take.

Where Did This Financial Crisis Come From?

Essentially any and all Washington politicians are to blame for not really doing something before it was too late. However, we can specifically blame Bill Clinton. I know, I know, here comes the "Clinton hasn't been in office for eight years! Why do you always try to pin things on him" response.

Here's how the seed of this debacle was planted.

"...(This) crisis can trace its roots to Bill Clinton’s signature on legislation making it easier for minority constituents with bad credit to obtain mortgages. In 1995, he had his Treasury Secretary, Robert Rubin, rewrite the lending rules for the Community Reinvestment Act, opening the flood gates of mortgage lending to unqualified borrowers.

This legislation, in effect, applied affirmative action to the lending industry, which is to say that the current crisis is NOT a “free market failure” but the result of socially engineered financial policy by the central government. The financial markets welcomed their new customers with open arms, fueling a real estate boom across the board.

These so-called “subprime mortgages,” which were offered at variable interest rates, were widely perceived as good investments. Investors used the high-risk instruments to secure assets in other markets fueling profits for investment banks and mortgage lenders. The subprime market thus expanded rapidly and the mortgage instruments were used by other firms as collateral for investments in stocks, commodities and the like.

Unfortunately, no one questioned the pell-mell regulatory system of oversight for these transactions until large cracks appeared in our economy’s foundation, the first being the collapse of Countrywide, the nation’s largest subprime lender. Then banks and mortgage lenders large and small began downsizing, dumping assets and closing their doors. Bear Stearns filed for bankruptcy. Fannie Mae and Freddie Mac, holders of trillions of dollars in mortgages, were bailed out with 200 billion taxpayer dollars. Lehman Brothers filed for bankruptcy, and insurance giant AIG was given an $85-billion taxpayer prop to keep it solvent.

From an article at The Patriot Post by Mark Alexander