Archive for the 'Money' Category

The upside of the recession

May 26, 2008

Meghan Daum, writing in the LATimes, has managed to find a bright side to the growing recession, with its flattened house market and $4/gallon gas prices: home repairmen who come immediately, and California’s empty freeways.

Sure, things are going to get ugly very soon. Layoffs will increase, the housing market will go from dismal to awful, and pretending to be in a sci-fi movie set in the future (admit it, you’ve tried it!) will no longer be an effective coping mechanism for the trauma of filling up at the pump. But for the moment, I can’t help but feel that this recession — or at least the evanescent moment before it kicks into high gear — offers a kind of coziness you rarely feel in a booming economy.

Daum, whom I’ve blogged about before, compares the current crisis to her four bucolic years when, after nearly bankrupting herself trying to live in NYC, she moved to Omaha, where she was lucky to make $12,000 a year. Read the rest of this entry »

Your Girl in London: Harrods

May 19, 2008

Knightsbridge today, and Harrods, “the world’s most famous department store.” I took a bus, but then just walked back to the flat, it was so close. I can’t possibly afford anything in Harrods, and I mean that sincerely. I sometimes think only the Saudis can afford to shop there, particularly in its “Rooms of Luxury,” and there were plenty of them there today. (Harrods actually charges you to use the loo!)

No, I go to Harrods for its Food Court, which I think is one of the wonders of the world. The store has moved some its food operation across the street since I was here last, but the original one is still pretty spectacular: Rows and rows of gleaming counters and food bars, with all kinds of meats, seafood, cheeses, breads, sweets and all kinds of delicacies, including a caviar bar and — EGAD — Krispy Kreme Doughnuts, which was doing a booming business!

I discovered a fascinating corner where you can buy really interesting kinds of oils and flavored vinegars, which they will decant for you in special vases of all sizes. I’ve never seen anything like it.

I picked out two kinds of quiche and some lovely rolls for our lunch as well as fruit scones for breakfast, and will likely go back for some sushi next week. I also got some little candies, meringue dipped in dark chocolate, nice and light. When I handed the clerk my Visa card, I was given the option of paying in dollars or pounds, a first for me.

Harrods’ distinctive dark green shopping bags remind me of Chicago and Marshall Fields — RIP, another distinctive shopping experience that is now only a memory. (When I lived in Chicago, I couldn’t afford to shop at Marshall Fields, either!)

Your Girl in London: Living

May 16, 2008

A few observations from Across the Pond:

Our neighborhood in South Kensington has a lot of schools. There’s the Ecole Charles de Gaulle a few streets over (surrounded by French bookstores), with the Imperial College of London just a stone’s throw from that. And I’ve walked by a lot of smaller language schools and even an art school on Queen’s Way. So we have a lot of students, and the neighborhood is quite relaxed, with lots of coffee shops where the students congregate — and smoke like chimneys! (Do American students smoke that much?) Our building is run by an outfit called FIE, which rents flats to various university programs. We have at least four schools represented in our building, including Boston University, and several others are supposed to show up next week.

This is first time I’ve been to London when I’ve actually felt like I LIVED in London. I’m still trying to do my job, with help from my well-flogged slaves highly trained interns back in the office, so I spend about four hours a day on the Web. We’ve been to plays and museums, including a really interesting trip to Temple, which is the heart of London’s legal world and has some great Knights Templar history surrounding it. I’ve been buying groceries at Waitrose and Tesco, with my little recyclable shopping bag, and I’ve been reading and trying to find something interesting to watch on the telly. (No cable, just public channels, and Four and Five run a LOT of American television series.)

Food is fun here, with lots of ready-to-eat ethnic choices in the supermarkets. The scope of the British Empire can best be seen in its cuisine, which outside of fish-and-chips, clotted cream and the occasional Yorkshire pudding, is pretty global: chicken tikka, moussaka, samoyas, hummus, cous-cous and pita. Today for lunch we had onion bhirgy, sort of a knish. Delish. The deli counter at the local Waitrose is a thing of beauty, with its assortment of REAL cheeses, meats, salads and prepared meals. Although the dollar has made a few gains in the past week or so, we’re not eating out much because of the cost, and I’m not missing it.

I am relieved to report that there is no super-sizing in London, at least that I can see. No Big Gulp mentality here. (My sons think the definition of a great restaurant is all-you-can-drink refills.) It’s definitely made a difference in my consumption. Smaller portions and all the walking you normally do in the city has helped me lose probably ten pounds, so I’m going to have to rethink my American lifestyle.

The Brits are definitely more green-conscious than we are. Nearly all the washing machine soaps at Waitrose were rated “bio,” and there’s a real push for recycling even in our little building.

There’s a bank holiday next weekend, and the students will be gone, so we’re planning a trip southwest to Cornwall, which is supposed to be very beautiful and pastoral. This weekend we’ll go to the National Theatre for a production of “Fram” and I aim to stroll over to the V&A Museum for a few hours.

Cheers!

Thrifting

April 4, 2008

images-11.jpeg With the economy in the tank, perhaps it is time for me to blog on one of my favorite topics: thrifting.

When we moved to Chicago, I became a trailing spouse holed up in the top floor of a Victorian three-flat with two manic little boys and little money. I met a great woman, Susan, at church, who always seemed to have it all together. Like me, she was a refugee from the West, but seemed to have this whole Chicago big-city thing figured out, and she and her two children always looked smashing.

“So,” I asked her hesitantly one day, “Where do you buy your clothes?” I was expecting her to name Marshall Fields (RIP, sigh…) or some other pricey place, but I was surprised. “Amvets!” she said cheerily, and proceeded to take me shopping with her. Read the rest of this entry »

Holy Heidi!

March 18, 2008

images-2.jpeg Okay, true confessions: I am a Project Runway addict. A true guilty pleasure. I’ve even got The Spouse watching it. But I am a real latecomer to the phenomenon (typical for me) and I’ve missed a lot of the drama of the previous seasons. So I was delighted when, wandering idly through the Comcast channels on Saturday afternoon, I came across Project Jay, an offshoot documentary chronicling the life of the first-season winner, the outrageous Jay McCarroll, as he attempts to find his way from the depths of rural Pennsylvania to the streets of New York’s Fashion District. (“Look! There he is at Mood Fabrics!”)

In the middle of a desperate search for living and working space, Jay is informed by his agent that, since Project Runway has been nominated for an Emmy, the host, ubermodel Heidi Klum, wants him to design her dress for the evening — which will take place right after she gives birth. McCarroll, who specializes in hip hoodies and cargo pants, gamely accepts the challenge, works up a fetching number based on a phone call with her, and flies to LA — only to be met with total disaster. Read the rest of this entry »

Uncle Al and the economics of obesity

February 13, 2008

a849_6.jpgThe NYTimes Freakonomics blog, one of my favorite sites, continues to poke at the “obesity epidemic,” most recently with an interview with Eric Finkelstein, health economist and coauthor of The Fattening of America. “Modern society,” he says, “is giving Americans many more incentives to gain weight than to lose it. We are, in fact, victims of our success as a nation.”

The two most obvious factors are: 1) the abundance of cheap, tasty foods; and 2) the new technologies that allow us to be increasingly more productive at work and at home while burning fewer calories. For example, between 1980 and 2005, the price of food fell 14 percent relative to non-food items, so it is thus not surprising that we are eating more food.

I remember once seeing a graph that compared the rise in rates of obesity with the rise in the use of cheap high-fructose corn syrup in America. It probably wasn’t very scientific, but it was impressive: the patterns were pretty comparable. (And just try to find something tasty on the grocery store shelf that DOESN’T have HF corn syrup in it.)

To his credit, Finkelstein rejects the notion of an “epidemic” of obesity, at one point even comparing it to an “epidemic” of flat-screen TVs in America. But he doesn’t wave away the problem. Read the rest of this entry »

Top ten ways I’ll spend my rebate check

February 4, 2008

1. A weekend in Las Vegas. (We both could use a Cirque du Soleil fix.)

2. Trinkets and food in Europe this summer. (Wow, that’s just what George and Ben want! Americans buying Euros!)

3. A daybed for my home office. (I’m still reclaiming my space.)

4. Laser surgery on my legs. (Ha! It probably would only pay for a few square inches.)

5. A treadmill. (The two exercise bicycles, weight set and Healthrider are getting lonely.)

6. New patio furniture. (Another coat of stain will no longer hide the fact that the current set is turning into redwood splinters.)

7. A dog. (This will likely not happen. The spouse has not yet recovered from the death of the old one six years ago.)

8. A big-screen HDTV, for cryin’ out loud. (Our CHILDREN both have one. They pity us. And they refuse to visit us.)

9. One of those full-body diagnostic scans. (I like to scare myself sometimes.)

10. The American Express bill. (Or, as we like to call it, The Black Hole.)