Sunday, July 05, 2009

Our Founding Mother

Back in the early 1960's Harvard U Press published paperback editions of the letters of John and Abigail Adams as part of their Adams papers effort. Since I was into history, I was introduced early to Abigail, who later became an icon of the feminist movement and a beacon to women's history: "Remember the ladies, John". Laura Linney did her justice in the recent HBO series.

But just surfing through her letters, and reading the occasional description of her as keeping the home fires burning, raising the large family etc. didn't give me the picture of her as an investor as did a piece this morning by Woody Holton in the Post. He's a U of Richmond professor who has a bio coming out, but he extracts a series of rules for wise economy/investment from her life and presents them well. (Including a rule on how to outwit a Founding Father.)

Saturday, July 04, 2009

Have a "Happy Fourth"

I'm passing on those words, which I received as I left our community (organic)garden after watering our beds (we had a wet two months, followed by 2-3 weeks of dry, so it's time to start watering), from a fellow long-time gardener. He happens to be African-American (immigrant from Africa some time back) with whom I exchange hellos when we cross paths. His garden is an obnoxiously neat and organized one, with raised beds and great soil. He grows the usual variety of vegetables, although he always has a great bed of carrots into the winter.

He was weeding as I passed and offered those seasonal greetings. I replied, and went on (I'm too shy to initiate many conversations). I wonder whether he finds more meaning in the Fourth than I do. I don't think I've used those words on my own initiative: "merry Christmas", "good Thanksgiving", yes, but not a "happy Fourth".

In the spirit of enjoying the Fourth, read this Washington Post article containing the responses of a number of immigrants to the question: "what do you like about America".

Friday, July 03, 2009

Faith in the Execution

Obamafoodorama has had a fight over the possibility that lead from sludge used on White House lawns was a danger in the new organic garden. The blogger seems to have had the better of it, but shows a touching faith in the ability of a bureaucracy to execute:
"The other bizarre element to the whole bashing thing is that anyone who thinks the White House left a single stone unturned in planning the garden is...what's the most delicate, diplomatic, term? Oh yeah, silly. The White House was well aware that the first food garden planted on the campus since WWII was going to be big news. Of course all details were accounted for. Of course appropriate testing was conducted. The White House has the finest minds in America, experts in every field, available for consultation. It's beyond silly to imagine that the garden wasn't thoroughly "vetted.""
The Obama administration may be different, but I doubt it. They're human, after all, and humans can screw up.

Locavore Versus "Industrial"

Walter Jeffries at Sugar Mountain Farm has a post on his hot dogs, which I'm sure are very good, mostly. But because he has to rely on others, there's some problems in achieving a consistent product. Industry has trained us consumers to expect the same thing every time and every place; a McDonalds french fry tastes the same from coast to coast. McDonalds can demand its suppliers meet its standards. But a locavore food producer doesn't have the cash flow or the size of operation to compete on uniformity. (I'm reminded of a memoir from Ontario county, NY where the writer remembered that every farm had a different recipe for its bacon and ham.) The same is true for restaurants. My wife and I like the Tortilla Factory in Herndon, but some days their chips and their machaca are better than others.

There's always a tradeoff.

Thursday, July 02, 2009

I Always Like Historical Nuggests

From the 1930 blog summarizing the Wall Street Journal articles for the day:

U.S. Treasury surplus for fiscal year ended June 30 was $184M. Receipts were $4.178B vs. $4.033B in 1929; expenditures $3.994B vs. $3.848B in 1929. Public debt was reduced by $746M due to surplus and $554M of "sinking fund" operations charged to ordinary receipts. Original estimate of surplus before start of fiscal year was $225M; 1% tax cut last fall reduced this estimate to $145M.

Senate may direct the Secretary of Agriculture to investigate the multiyear decline in cotton prices. Resolution would budget $125,000 to investigate "the cause of the decline, the amount of short selling, and by whom."

The first item is a reminder--8 months after the Wall Street crash, there's no stimulus from the budget.

The second item seems to be a perennial--always suspect the speculators. Maybe that's because we are paranoid, or maybe because speculators are always more visible in times of boom or bust.

The Cost of 500 Square Feet of Garden

About 47 hours and $938.

Michael Tortorello is blogging at the Times on his garden, keeping track of his hours worked and dollars spent. But not the hours of enjoyment.

Cost of Wheat

This webpage shows the cost of growing wheat in Canada, Australia, Russia, Brazil, Romania, and the UK. The UK has the highest yield, more than twice that of Canada, and its cost per ton is lower than the ABC countries. It's an example of the advantages of climate, I guess.

Wednesday, July 01, 2009

Surprising Factoid of the Day

"Federal government now employs 587,665 people, not including military, legislative, judicial, and DC government employees." From the News of 1930, for Tuesday, July 1.

I don't know why I'm surprised, or whether I should be, but I am. (My guess is about half the employees are USPS.)

Best Simile of the Day

Today is Canada Day and the NYTimes had an op-ed composed of paragraphs by different people about Canada. Lisa Naftolin comes up with the best simile:
I miss the snow. Yes, I know the United States gets snow, but to my Canadian eye, American snow is like American health care: sporadic, unreliable and distributed unevenly among the population.

An Offer You Can't Say No To

According to the Washington Post, an ex-CIA man has an offer you can't say no to:

"This month, he's providing room and board in his home to a young but experienced worker. In the fall, he hopes to offer young farmers room and board on his land in exchange for farm labor. If that's successful, he aims to solicit several more acres from neighbors to expand the farm. He envisions small tenant houses where young farmers could gain experience and save money to start out on their own. The plan is in the early stages, but Dunlap says his neighbors are supportive in theory." [emphasis added]
Dunlap's 11-acre farm is in Loudoun County, amidst the McMansions. He supplies farmer markets, farming with no tractor if I understand the article.

As the story says:
High prices also make it difficult for those already farming to find workers. Dunlap has been unable to hire full-time help. He has not had a day off since mid-February and puts in about 80 hours a week in the fields.[emphasis added]