The Conversation
- Scapegoating our own (13)
- King: ^Yeah, but so did Obama 4 years ago. It’s inconsistent to think that Obama can have an arch of decision...
- Frank Chow: @King He definitely said he opposed “same-sex marriage”, that didn’t change....
- King: @ Frank But Manny didn’t even say what he’s been accused of.
- Facebook co-founder renounces U.S. citizenship prior to IPO (13)
- Raguel: This is a storm in a tea cup, a new five minutes of hate. This is because despite the outrage, people will...
- Frank Chow: “The country is not over-taxed; in fact, tax rates are near 60 year lows.” -source,...
- bigWOWO: Linda, Mark Cuban is rich (richer than me anyway), and he’s just as horrified as I am. I don’t...
- The Perversity of Human Biodiversity, a.k.a. “Scientific” Racism (428)
- LadyBlack: Hello, you who believe that some races are inferior and that some are superior. As a Black (in particular...
- bigWOWO: Thanks, Grover!
- Grover Porquel: Excellent roundup. I have taken on these “biodiversity” types myself over the years and...
- Higher education: the next subprime bubble (5)
- bigWOWO: Let’s think hypothetically. Let’s say they had quotas, such as a company of X number of...
- kobukson: In the past, a high school diploma was sufficient for getting a job. Things changed and a HS diploma...
- bigWOWO: I do agree with you, Ei, to a certain point. I have heard that some lawyers and engineers are having...
- Americans Eat the World’s Cheapest Food (36)
- bigWOWO: A week in, and: I liked the mock chicken, but the family didn’t like it. I don’t know if...
- King: ^ But isn’t Anthony Bourdain the same guy who recently called Paula Deen the “Worst Unhealthy Cook” for...
- kobukson: I like Anthony Bourdain’s take on vegetarians and vegans: “Vegetarians, and their Hezbollah-like...
- Why Do Asian People Have Bad Eyesight? (37)
- Suing the Bachelor for racial discrimination (34)
- George: The problem with the entertainment industry is that they have already stated that blacks are not on the show...
- George: “Oh and prediction, you know the first female non white bachelorette will be Asian, and it will be...
- Chen: i’ve been reading about BFOQ cases, and it seems as if the entertainment industry wins unless they do...
- Reasons to eliminate black studies (23)
- Asian Men, Black Men, and the Competition for White Women (569)
- Raguel: Actually, white people may laugh at him even more, and that may be why they like him so much.
- Raguel: How does this nihilistic dog so filled with ressentiment and love of the slave morality even dare to mention...
- ChineseMom: (continued) Criticism of contemporary Chinese literature and Marxism Q: After the publication of your...
- Immigration records of Asian immigrants to be made available to public (2)
- American woman becomes hero to abused women in China (39)
- Chen: thats it. This woman got beat up, and that is wrong. I’m sure some assholes are going to use that and run...
- Eurasian Sensation: Patriarchal practices are incredibly ingrained in some countries and are extremely hard to shift....
- Raguel: Wasn’t it reported in one of the major american magazines like life, time etc that travelling ulamas...
- San Diego student left alone in cell for five days (3)
- bigWOWO: Haha…I know, Zach! This is the absolute worse kind of invisibility that there is!
- Zach Katagiri: Man — talk about asian american males being invisible!!
- Linda: this will be the next episode of “I survived….” I am surprised they don’t have video...
- Adventures of the Karaoke King by Harold Taw (Review and Question) (4)
- bigWOWO: Alpha, Glad that you see the precious metals rather than the ranking! Although I guess I should consider...
- Raguel: Why not make contact with other blogs and Asian American websites to feature your reviews? This way,...
- Alpha Asian: B, I know what you mean. A lot of reviewers just give very bland reviews and they don’t really...
- Asian women fetch high prices for egg donation (5)
- Dman: I don’t get the article Asian women in demand for donating her eggs. I did not see anything mentioned...
- bigWOWO: I think that buying an egg is financially easier these days than adoption from China. I know people trying...
- Linda: Also regarding about adoption. I think a lot of Americanized Asians are open to adoption in the US. (unlike...
- Re-Programming Your Mind (74)
- Chr..: I’m not making this up! I saw this guy in front of a Trader Joe’s here in NYC not too long ago as...
- Asian Women and the Invisible Chain (187)
- Chr..: @ King Yes, and what can the general masses do to stop with what’s going on right now? Not much I would...
- King: @ Chr Because the money, more than anything else, is ‘the system’ that affects everything else.
- Chr..: “The whole thing looks like a very twisted version of musical chairs, doesn’t it?” Why does this...
- Creative Monopolists (3)
- Asian husband-wife team on Shark Tank (3)
- Artists Who Refuse to Work for Free (5)
- Courtney: I have been drawing for 22 years. I think it’s really inconsiderate to ask an artist to sit down for...
- More Asian Americans Marrying Within Their Race (106)
- Chr..: “Look at some of the fatcats on Wall Street–a guy who can drop $800 on a single night out isn’t...
- The Richer Sex by Liza Mundy (Review) (12)
- Chr..: “dystopian mating marketplace where, like income inequality, the rewards of female sexuality will go...
- Whiteness and American TV (9)
- Linda: @hadoken – I don’t know why korean dramas are like crack. I go thru phases. since it’s a...
- Scapegoating our own (13)
Tag Archives: economy
Wall Street Bankers Becoming Cops
Officer Henry Chung
The bad economy has enabled the New York City Police Department to recruit some unusual talent. Many former Wall Street bankers, who have been hit hard by the economy, have signed up for the police academy and are becoming cops. I noticed this story because of the Asian guy above. Here’s what the article says:
“A year and a half ago, Henry Chung was an assistant vice president at Merrill Lynch, monitoring billions of dollars the firm traded on a daily basis.
Some Good News on the Community and Economic Front
Library usage up. At least something good is coming from this horrible economy. Will this create the educational revolution that we’ve all been hoping for since W brought his proud ignorance into the White House eight years ago? Could it help usher in the era of Asian American Lit that we’ve been awaiting for the last 35 years?
It’s a start.
There’s some possible good news on the way too. According to this NY Times blog, a bad economy can create an environment for inventiveness. Will we see creativity go up? Some entrepreneurs are already starting.
Guess What I've Been Up To
I spent yesterday and today at home with the baby. Mama WOWO went back to work, and so there was some lag time between her return and the arrival of family help. So I became the Stay-At-Home dad.
According to this segment of the conversation in the video above, the economy is creating lots of Stay-At-Home dads. Banking, housing, and automobiles are industries which have a skewed gender ratio in favor of men, and because these industries have been hit the hardest, a large majority of the recently laid-off happen to be men–82% according to the Times segment. Without these jobs, more and more men have left the job market and have now taken on roles as house-husbands. It’s a complete reversal of the traditional gender roles, which is what the two bloggers in the video above are discussing. Who would’ve ever thought that the economy could help fight sexism?
Frugality on Trial
I saw this article in the NY Times yesterday. The article talks about how following Japan’s Lost Decade, consumption continued to lag. People were so affected by the past economic problems that they never got back up. For example:
Today, years after the recovery, even well-off Japanese households use old bath water to do laundry, a popular way to save on utility bills. Sales of whiskey, the favorite drink among moneyed Tokyoites in the booming ’80s, have fallen to a fifth of their peak. And the nation is losing interest in cars; sales have fallen by half since 1990.
Learning from Japan's Bank Crisis
Heizo Takenaka, fixer of the Japanese "lost decade"
I’ll admit that I’m at a total loss for explanation on all this bailout talk. I have no strong opinion, other than the belief that it’s wrong for executives to be overpaying themselves at times like this. Why do I lack an opinion? I think it’s because I have trouble conceptualizing $800 billion, plus I have no idea what will ever restore future confidence in the American consumer.
For those who have a strong opinion, here is a piece from the NY Times about Japan’s bank crisis for the 90′s. People who have studied Japan say that even though the U.S. is spending like crazy, we should be spending and doing even more.
Industries that are Booming during our Recession
With the new birth, I’ve been on paternity leave and haven’t been going out much. Even before the second baby, we hardly ever went out for dinner, but usually I went out at least a few times a week for lunch, and we usually either went out for breakfast or lunch at least once during the weekend. However, with the new birth, we’ve been cooking for almost two weeks straight–everything comes from the supermarket. I’ve been getting all creative in the kitchen (although sometimes not always successfully)! In these hard economic times, that’s a good thing; eating out adds up, and anything that cuts the bills is a good thing.
Making stuff
There’s an article by Thomas Friedman in the NY Times today, where he talks about the need for America as a country to start “making stuff.” In other words, we need more manufacturing, rather than a reliance on financial instruments, many of which are faulty. This is the exact same point that Kevin Phillips makes in American Theocracy a few years ago, but Phillips takes his analysis a bit further by indicting law and accounting, as well as finance, as industries that don’t produce anything of real concrete value. Services are much harder to sell in the international market as other countries generally have their own laws and accounting rules.
