Book: 1929 by Andrew Ross Sorkin is on my library hold even before being released

Posted By on October 2, 2025

1929 bookLikely, Andrew Ross Sorkin’s new book, “1929: Inside the Greatest Crash in Wall Street History and How it Shattered a Nation,” is not on my “must buy list,” but the Bloomberg pre-release review below (see archive.ph) has it sounding relevant and interesting. So like my buddy Jeff, I’ve put it on my library hold list and plan to discuss it over lunch, dinner or sitting on the back porch (a favorite thing to do)

What Andrew Ross Sorkin’s ‘1929’ Tells Us About Today’s Stock Market

Gary Sernovitz | 9/19/2025

There are two ways to read Andrew Ross Sorkin’s 1929, a new book on the stock market crash of that year. You can pop the popcorn and watch rich men twisting in the lies they tell themselves and others. Or you can read 1929 to match the stories Wall Street told itself then to those of today, a perversely fun project that Sorkin subtly leaves us to complete for ourselves. Both approaches are worthwhile. Neither will task your brain.

That’s because Sorkin, one of America’s highest-profile financial journalists — with twin seats at CNBC and the New York Times — does not seek to explain why the stock market fever rose and broke. It was FOMO plus debt. It’s almost always FOMO plus debt. Nor does he offer a counternarrative about how the mania could have been avoided. (“No matter how many warnings are issued or how many laws are written,” he writes, “people will find new ways to believe that the good times can last forever.”) He isn’t trying to explain the Great Depression, or whether the crash caused it.

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Filler: Wrinkles, Grey Hair and Scars

Posted By on October 1, 2025

No words necessary

Archiving a couple leftover September 2025 family photos

Posted By on September 30, 2025

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Music Monday: Todd Rundgren and “Can We Still Be Friends”

Posted By on September 29, 2025

Todd Rundgren on The BridgeHere’s a song from The Bridge on SiriusXM that I held onto from this summer; I was trying to decide if I really liked it or not and so decided to save it for a slow Music Monday (that would be today). 😉 

That said, I do remember listening to Todd Rundgren from the late 1970s (college dorm life) and the song “Can We Still Be Friends” but it was not in my album or cassette tape collection. I didn’t even know his history with the rock band Nazz in the late 1960s or the band Utopia in the 1970s, but it doesn’t surprise me.

While looking for a live performance I ran across this one on YouTube with Daryl Hall. It is interesting to see what musicians do late in their careers.
 

Inflation is stubborn and most grocery prices are still too high

Posted By on September 28, 2025

Even though I follow the business news closer than most, it is tough to predict exactly why prices continue to put financial stress on most families. Brenda and I are likely Starbuck Pike's Peak Coffeenot going to starve, but our grocery bill is now higher then when we had more mouths to feed.

I’ve bellyached about inflation since prices shot up during the Biden administration and watched as their irresponsible government policies pitched every American family’s budget. Now that supposedly fiscally responsible Republicans are running things from Washington DC it is better, right? Hm … don’t answer that. 

The big government and debt spending continues no matter who is in charge since nobody wants to cut back or even try to balance the budget; you would think it would be easy to at least go back to pre-Covid budgets and spending levels … which were still way out of wack in my opinion. This all leads me to worry about something other than the Fed’s money printing and weakening the value of the U.S. dollar further: Tariffs.

Coffee Overkill?Personally I’m not a big fan of the Trump tariffs, but I do understand just how our trading partners have manipulated markets and taken advantage of  the U.S. consumers for years. Instead of fairly trading with us they’ve restricted products for one reason of the other, added taxes and tariffs and protected their own workers (not in every case … but in way too many). This has lead to job losses and a hollowing out of the middle class in America over the years and we no long manufacture ask we once did. Instead have become increasingly reliant on foreign trade for essentials (noticed during Covid). How do we correct this besides renegotiating trade deals and using tools like tariffs? I don’t know, but the Trump administration has decided to use the tools that they have. In this case tariffs.

Brenda has noticing prices in the grocery store, especially on items we import to the United States. Nearly everything is higher and hasn’t really come down much, if any.  A perfect example has been that of Coffee prices. Shockingly small bag of premium coffee we used to buy has gotten smaller, while the price has gone higher. The other day at Costco, Brenda found a bigger bag of premium Starbucks coffee on sale for a much, much lower than the Dunkin’ Donuts brand that we’ve been buying for years. So she bought a bag for me to try and it’s very good — even it if is from Starbucks. So she bought SIX more. Overkill? 😊 

 

The week, or should I say month, for “dealing” with cars

Posted By on September 27, 2025

Besides the frustration over getting our aging 2002 Honda Odyssey ready for a trip to Atlanta … and then hopefully to Florida … we’ve been moving forward on Goodbye Acura!the selling of the 2010 Acura RDX and eventually taking possession of a 2019 Tesla Model 3

What makes the Acura exchange nearly perfect is that the young 16 year old high school boy who will be driving the RDX is very excited (what young person wouldn’t). We were happy to see the family understand the few potential repairs ahead … and understanding that planning for a set of new tires before the snow flies would be wise (they are still good, but not perfect for a new driver in snow). The dad is a GE engineer and fully aware of all these things and clearly knows it will make for a great first car.

Onward and upward for us. We are looking forward with jitters over learning to manage a battery powered car. It’s a brave new world for us, but it sure is nice to know the owner (Drew) and how the Model 3 was cared for and charged … and who to ask “when” we have questions. 

Drew's Tesla in their garage

My 2010 BMW X5 35d is still a great looking and driving SUV

Posted By on September 26, 2025

Fuelly image

We’ve been talking about new cars or NEW USED cars lately while Brenda’s 2010 Acura RDX sat with a FOR SALE sign out by the rear fence. It was a great car for her and she loved the sporty performance and smaller size (like her RAV4). Currently she is driving the 2010 BMW X5 35d and she noticed that the miles were quite a bit higher on the X5 than her Acura — then the service light popped on while she was driving to an appointment – brakes again. I told her, don’t worry … even though I was a little irritated since I was dealing with the Honda Odyssey repairs.

In the meantime, Drew and I are working out the paperwork with Keysavvy on the used EV tax creditthanks Drew for encouraging me to bring your 2019 Tesla Model 3 into our garage … for a little bit longer than a weekend

Still, I love our BMW X5 and still can’t help admiring watching Brenda drive it down our driveway. I’m usually the one driving it, I don’t get to see it motoring along and it is still a satisfying older vehicle and ranks up there as one of my all time favorites.
   

Just a leftover photo from Katelyn to her Mom #TBT

Posted By on September 25, 2025

The year escapes me at the moment … although with a little searching on the blog I found it: October 2008 at Letchworth State Park, NY.

This photo has been in my miscellaneous folder since August and while clearing it out wanted to archive a photo that made me smile for a ThrowBack Thursday #TBT. This photo was sent to Brenda on her birthday by Katelyn this year and it brings back great memories with her parents (click here are a few more photos).

Brenda and Katelyn a few years ago

Will this be the final credit card charge for the Honda Odyssey?

Posted By on September 24, 2025

Hopefully you didn’t read yesterday’s stressful day of dealing with the ongoing “repairs” for our 2002 Honda Odyssey? I now know why some people prefer to take their used cars into the dealership and trade them away for a new car. BUT .. another few hundred dollars later and I think the tire/strut/alignment problems are solved … Older but still new Firestone tire as a spareat least I’m crossing my fingers

Since the tires on the van were relatively new (at least in my eyes), I complained a little bit to the Firestone repair shop. They were polite and sympathetic, but that didn’t really get me anywhere — 10K on tires is still wear in their eyes. So much for 65K mileage warranties — they’re just numbers.

I ended up purchase two “more” tires for the front, took the good one off and have it mounted as a full size “perfectly good” spare tire, IF I should ever need it. The two tires for $200 that Firestone was suppose to have in their facility from yesterday’s request, didn’t arrive, but of course nobody knew that until they already had the car on the rack (and I was gone). My option was to wait another day or go with two “better” (cough, cough) tires and get it done today for $300. Of course with the new tires on they could easily talk me into an alignment after pointing out it was off by quite a bit, but who knows? So add another $115 to the charge after a 15% discount. Cha-ching. 

All in all, this is the price of driving and stretching out the life of an older car … even a low mileage Honda

Stressful couple of days in dealing with our 2002 Honda Odyssey

Posted By on September 23, 2025

Don’t get me wrong, I love having an older Honda Odyssey as our Florida car. We leave it outside in the condo parking lot most of the time and the hot sun, tree sap and “sitting” do take their toll on cars (photo below from a couple years ago). So last year we decided to drive it back (as I have done for years) so we could haul a few bigger items back with us (like remodeling projects) and I thought I would take care of some overlooked maintenance on it while it was home.

Parked at the Condo

Fast forward: As the drive south creeps closer … and after I postponed the entire summer what I thought would be a simple couple of updates, it gets a little more complicated. I put off replacing the front struts and waited until time grew too short to do it myself, unlikea the rear a couple years ago. Instead, I took it to a local franchised repair shop that I’ve used for minor things before (first mistake: it was not either of my favorites, Mr. Godwrench or Academic Automotive). Anyway when removing the front suspension parts, they broke a part (to be fair, it was rusty) and that required additional replacement parts and a higher bill than initially expected. It was also time to rotate the tires (replaced in 2021), one which has a slow leak and has been bothering me … so I asked them to take a look at it while they rebalanced them. They did and didn’t find anything unusual … but did they really look? As is custom, Newish Tire but not balancedthey dinged my credit card with all the extras, shop towels, disposal fees, etc. Irritating, but nothing unusual. Still irritating.

I then drove the car EXPECTING the ride to have improved, but there was a terrible shake when I hit 65 mph. Something wasn’t right. I had to wait to call them back until Monday and they indicated that it was likely due to rubber bushing that were degraded in a couple of the suspension parts that they did not replace … and quoted an additional $700 on top of the struts which were $1200. Yes .. steam came out of my ears. I explained to them that something likely wasn’t right when they balanced the tire and rotated them to the front. A blank nothing on the phone. Obviously they are only in business to replace more parts. 

So instead of taking it back to them, Too many weights on wheelI took things into my own hands. I noticed that the suspected wheel they moved to the front had been balance with an excessive number or wheel weights … as if perhaps a wheel … or more likely a tire was bad. Unfortunately there is no way for me to check this in my home garage. I decided to take the morning off and headed down to Pick and Pay Junkyard with my battery powered Impact wrench. After paying the $2 to roam through the three old Odysseys they had listed, only one had wheels left. I pick up the best of the matching aluminum wheels with a halfway decent tire.

Junkyard wheel and tireI swapped it out for the suspected bad front tire and crossed my fingers just to see. In my option, it seemed like a logical move — and it was a much smoother ride. The older unmatched tire and wheel (photo left)  smoothed things out … although it is not perfect

I’m hesitant to replace the old unmatched tire with the one that might have a leak (even if it is newer), but also dislike making the drive to Florida with a worn tire from the junkyard? The decision now is: Do I buy one more new tire to mix with those that have 15,000 mile on them or buy TWO new tires and put them on the front? The later sounds like the best solution … but I’m still not happy about the repair shop that put on the new struts.

Pull and Pay

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Desultory - des-uhl-tawr-ee, -tohr-ee

  1. lacking in consistency, constancy, or visible order, disconnected; fitful: desultory conversation.
  2. digressing from or unconnected with the main subject; random: a desultory remark.
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