MEMORIAL DAY WEEKEND Come on Laguna Beach, Newport Beach, and Dana Point fly your flag
RED WHITE AND BLUE FOREVER
Memorial Day was established on May 30, 1868 to honor the nation’s war dead, the holiday was originally called “Decoration Day” because people laid flowers on the graves of the fallen. No matter where you fall on the political spectrum, today’s military heroes deserve respect and our help. They don’t make big money and are away from family to protect our safety and honor.
• Let those colors fly get out your American Flag
• Honor the living, it’s a day for a lemonade stand to raise money for disabled American Veterans. Make a paper sign and donate. I learned volunteerism, fundraising and service from example of great people- be great we are Americans who share. Give to Disabled American Veterans. (www.dav.org) Or your family could volunteer together at your local Veterans’ Affairs Hospital. Find it at www1.va.gov/directory/guide/home.asp
• Make a connection. Memorial Day may be about remembering those who have given their service and their lives for our country, but there are soldiers in the field under fire right now. Thousands of American soldiers are serving in danger zones abroad. Many are lonely, afraid, crave for magazines about home, snacks, personal hygiene products, paper and pens, and cheery letters and pictures. To send a letter or care package to a soldier, try www.anysoldier.com
Camp Pendeton is so close to us in South Orange County, I could hear their exercises last weekend. They have a site for volunteers:
http://www.volgistics.com/ex/portal.dll/OD?FROM=6239
5/27/2010
Shea why take away something so good?
I love getting up early and after my run going to I Love Bagels. I purchase six hot bagels and the full fat cream cheese then sit outside on the tables with my coffee black. I am certain to see parents from Laguna Niguel Little League with cheerful faces. I chat with sleepy Dana Hills teenage girls still in their jammies in line hustling in to pick up a toasted everything bagel or neighbors with their dogs tied to the chairs of the outdoor dining patio. It’s not a luxury patio with an ocean view; it is a homey community location.
I Love Bagels was told when their lease was expiring that Shea Properties would not negotiate a new lease. It doesn’t make sense. Retail space is very available in the Village, Town Center, the Plaza, the Clubhouse and other similar locations in Laguna Niguel for $22- $33 a foot. Our economy is not booming to turn away a paying tenant. I Love Bagels is an excellent compliment to the center because it is used in the mornings when the other restaurants and theater are closed. I Love Bagels is not a ‘major” or publicly traded brand like Bed Bath and Beyond, Pier One, Trader Joe’s or 24 Hour Fitness which also occupy the center; but I always window shop at Pier One on my Saturday morning I Love Bagels run.
The only conflict might be that Peet’s coffee (highly upgraded inside tenant improvements compared to the spare plastic benches of I Love Bagels) sells coffee and baked goods. Peets’ coffee might be superior but it attracts an older crowd. I would rather support an independent and local owner. So why is I Love Bagels Ocean Ranch Center is being forced to close its Golden Lantern location by Shea Properties?
Shea, a privately owned company, you would think is seeing down turn in their own business. John Shea who lives in Pasadena was named the 37th wealthiest person in Los Angeles County last year. He owns 10 million square feet of office space, golf resorts, Reed Construction, a home building division, and apartment and retail space valued at $870,000,000. Shea properties response was that I Love Bagels closes at 3:00 and they want a tenant who will be open evenings/ mall hours. I Love Bagels is moving across the street, they will have some down time. The other store on Crown Valley will remain open. I will miss the community of the patio. I know many other neighbors will feel the same. John Shea, I wish you had been more caring in your decision because I won’t go frequent your other tenants now.
5/21/2010
Banking isn't Boring
Syracuse University students greeted banking graduation speaker with a blow up doll today.
Merkley-Levin Amendment summary (as it remains) in the Reform Bill:
1. Bank traders can no longer act like hedge funds.
2. Financial firms will not be able to bet against their own customers.
3. Banks will still be able to securitize loans.
4. Banks will be able to hold clients money but not use bank funds.
Goldman, JPMorgan, and others will have time to sell off these accounts/
Divest of accounts they managed with bank dough.
5. Non-banks can gamble, trade, and bet against their own customers, but they must create cash accounts against their speculations.
The Germans no more “nakedshorting” (gambing of short selling bank stocks without having cash in an account to cover) badly spun the stock market by surprise yesterday.
Germany came out today with approving a huge bailout program for the weak members of the EU, this calmed our stock market fears a little.
So will the banking reform bill be a ping-pong match in the coming weeks?
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