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The Fall and Rise of Personal Savings
Published on - July 6th, 2009 (Modified on - August 6th, 2009) (by J.D. Roth)
Americans are beginning to save again, or so the media is reporting. The personal saving rate has jumped from 0.4% in 2007 to a whopping 6.9% in May. But what does that mean? Is it a good thing? And how long will it last?
The personal saving rate
"Personal saving rate" is an economic term for income that is not used immediately to buy goods and services. It's money that consumers save for the future. (According to Wikipedia, it's "personal disposable income minus personal consumption expenditure".)
For decades, the personal saving rate hovered at about seven or eight percent. It would spike into the teens during times of economic turmoil, but then settle at seven or eight percent when things returned to normal. During the early 1990s, the personal saving rate began to drop. For the past ten years, it's mostly been two percent. Or one percent. Or close to zero.
But, as resident GRS economist JerichoHill has noted in the past:
The personal saving rate is a very poor metric. Most folks save via IRA and 401K. So we should look at that savings rate, which is the national saving rate. The NSR shows the same disturbing downward trend, but is the more proper metric to use, in my opinion.
In other words, the personal saving rate doesn't tell the whole story. One reason for the drop is the increase in retirement savings via other methods.
Still, the personal saving rate can be a useful barometer. It may not account for retirement savings, but it does account for things like emergency funds, etc. Plus, it's the number that the mainstream media reports. For these reasons, it makes sense to use the personal saving rate as a gauge.
The U.S. Bureau of Economic Analysis provides historical data about the personal saving rate, as well as charts that graph the data:
The Bureau of Economic Analysis also provides a monthly press release summarizing the current state of income and saving in the United States.
The stimulus effect
As you can see from the BEA graph, the current recession has had a huge impact on the personal saving rate. We were saving at close to zero percent throughout 2007 and into 2008, but when the economy began to teeter, people started to save. Here's the personal saving rate for the past twelve months:
When things went to hell in October, Americans boosted their savings. But look at that spike in May. 6.9%?!? Can that be right? It turns out the data is misleading. Reporting for the L.A. Times, Tom Petruno explains:
…[A] single month's data can be skewed by unusual items.
That's what happened in May: One-time federal stimulus payments of $250 each to retirees and others receiving government aid — so-called transfer income — drove total personal income up 1.4% from April, while spending rose a modest 0.3%.
That boosted what the government calculates was left in people's pockets. Savings as a percentage of total disposable income jumped to 6.9% from 5.6% in April.
This same effect can be seen each time the government has issued stimulus checks in the past decade. (You can actually see the tail-end of the effect in the year of data I posted above. The personal saving rate for May 2008 was 4.8%, then 2.5% in June, and 1.7% in July. This is a result of last year's stimulus checks.)
So it seems that many people really do save their stimulus checks when they receive them. I think that's a Good Thing. And it also looks like the personal saving rate in the U.S. has increased to levels last seen during the mid-1990s. But will this change last? Or is saving just a passing fancy?
Saving for the future?
When people ask me about the state of the economy and its effect on consumer habits, I'm cautiously optimistic. I'm pleased that the average person has begun to consider saving a priority. But I'm also skeptical that any real change has taken place. I think people are scared and so they're saving, but I'm worried that as soon as things settle, they'll resume their old habits. I'm not the only one who believes this.
Suzanne S. recently sent me a Mediaweek article featuring comments from Google CEO Eric Schmidt. Schmidt — who obviously is not a financial expert — believes the economy will begin growing again later this year. And when it does, he expects consumers to resume spending.
"It's shocked me that Americans started to save," Mediaweek quotes Schmidt as saying. "My guess is that's a temporary phenomenon." More from the article:
But Schmidt does not believe the economic crisis has shaken U.S. consumers' proclivity to spend money by going into debt. "Americans love their credit cards," he said. "If people are concerned Americans will stop spending, you do not understand the American psyche."
I worry that Schmidt is correct. I worry that this recession will not be a generation-defining event, as some have predicted. I want for this crisis to have changed things, but I'm not sure it has.
But maybe some Americans have learned something from all of this. And maybe my own efforts have been enough to make a difference in a few lives. I want people to understand that nobody cares more about their money than they do. The best defense against an unknown future is to take action now, to build a buffer of personal savings, to reduce the burden of debt, and to develop skills that will make you valuable to yourself and others.
Just because the average personal saving rate across the nation is low, there's no reason that your own personal saving rate can't be 10%. Or 12%. Or 15%. Or more.
From my personal perspective, this recession has shocked me into realizing an emergency fund is a necessity, not an option. So, have started saving for an e-fund that will take the next 1-2 years to fund. Maybe that's what alot of other people are doing as well. Once those e-funds are in place, that's when it will be interesting to see what people do with their money after that.
JD didn't mention one possible cause of the rise in the personal savings rate that absolutely should be mentioned.
Since the PSR only measures income minus expenses, if workers reduced their 401K contributions during the recession (something that many of my coworkers have done), then their overall expenses would decline by that amount. If consumers did not spend this reduction in savings, then their personal savings rate would go up (Alternatively they could spend some of it, but the PSR still rises. This is a reaction similar to a bank run(on retirement savings behavior).
What worries me is that when the economy recovers, that people do not resume their savings habits they previously had because they got used to saving LESS into their 401K and Roths and 529s. Instead, flush with cash in buffer funds, spending resumes even faster (a wealth effect of a higher initial balance).
That would set up another crisis down the road, but with less reserves. As Schmidt hints at, it is unlikely Americans have relearned the art of saving for a rainy day
GRS Resident Economist and Forums Admin! (Visit the forums!)
I am optimistic that those who have been affected by this economic downturn in any real way will continue to save. The shock of losing so much ground on our retirement savings has convinced me that, now that we're entering our forties, we had better scale back hard so as not to suffer the consequences of undersaving. My renewed outlook is here to stay!
JD, first of all, I'm very proud of you for writing about this topic. This is the realm Weakonomics usually plays in and it makes me feel good that someone from the top of the PF Blogosphere is starting to dabble in economics more.
I do have some thoughts to add. The actual rate of PSR isn't the important figure. What we care about is the trend, are we saving more or less? We shouldn't read a PSR of 5% as bad because it's not the 15% rule we all love. I am glad you pointed out the difference between PSR and NSR.
Having said that including Eric Schmidt's thoughts does the post a disservice. No one denies how smart that boy is, but he is the furthest thing from an expert on consumerism. He's a computer geek that lived the sheltered life of Stanford grad school before striking it rich. Nothing wrong with that but he's no more qualified to talk about the economy than LeBron James.
Much of the consumerism of the 2000s was fueled by easy credit, credit which is no longer available. Those that pulled equity out of their homes to buy more crap can no longer do that. So even if we wanted to continue our buying streeks we don't have access to the equity in our homes to do so.
Sure consumerism will return, it's the hallmark of capitalist society, but the next half-generation will look mighty different than the last half-generation.
I fear that people have been holding back so much that they'll go on a spending orgy once things turn, and won't stop.
It might be time to get into the storage rental business…
Nothing breeds action quite like necessity. Unfortunately, nothing breeds contempt quite like it, either. When you're a small child and your mother tells you to "eat your vegetables," If you were like me you frowned and pushed them around on your plate with your fork. The story is a bit different, however, when all there are are vegetables.
Americans are doing what they have to in order to make it. I'm really glad that they are too, as I initially thought we would just continue to force ourselves further and further into debt until the economy gets ironed out. I think Schmidt is right though. Once we bounce back, the consuming race will probably be on again. I hope I'm wrong. I hope he's wrong! We've learned some very valuable lessons. Time will tell if they've actually become ingrained.
This made me think a bit about the bigger picture of the economy and how personal wealth building works. In the system that we've designed here, in order to make tons of money by saving and investing, everyone needs to spend, consume, dispose, and repeat…except for you. If everyone saves their money, how can we get ahead. If everyone is rich, no one is rich, right? I don't know, just a thought. Obviously, money is only a small part of "being rich."
"Much of the consumerism of the 2000s was fueled by easy credit, credit which is no longer available. Those that pulled equity out of their homes to buy more crap can no longer do that. So even if we wanted to continue our buying streaks we don't have access to the equity in our homes to do so."
That's a good point, too. If the tools we use to leverage more money than we have are gone, it will take a lot more work to dig ourselves a hole. The question is, how long will they be gone? Did the banks learn their lessons?
I think most people 50 and under (myself included, I'm 35) have never known a time when things weren't really prosperous and credit wasn't fairly easy to obtain. This was our first big shock. Although I believe the worst is over, there will be lingering effects for a while. This is the kick in the pants we as a nation need to start saving more.
To me credit is really the key. I can remember growing up in the 70s and my parents not having a credit card and having a hard time getting a house loan despite having 20% down, a good job, and a history of good payments. I never, never had that experience. I've had a credit card since I was 17 (albeit with a usage warning from my parents) and had no trouble getting my first mortgage despite only having $2000 in the bank and a half-decent job. Those days are long gone. Now that we don't have access to easy credit people will save more – its the only way they'll ever be able to acquire anything that requires a loan.
I imagine that many people with jobs are saving hard now in the very real possibility that they too could be laid-off at some point in the future. The unemployment statistics are staggering. While saving our stimulas checks may be a "good thing" for the individual, it is an absolutely lousy thing for the economy, and the plan back-fired, not giving the country the boost that it so desperately needed. Maybe they should have given out universal gift certificates instead.
I think the changes might stick for some, but not for most.
To make lasting changes in your finances (and in other areas of your life) there has to be a mindshift. If someone is saving because the media reports only gloom and doom, then as soon as the media decides to paint a rosy picture, there is no reason for that person to keep saving. If someone sees the connection between freedom and finances, and how Stuff can obstruct reaching important goals, then they are likely to change their outlook and their habits.
It's the same with fitness. If you are dieting and working out like mad to lose 20 lbs. right before a high school reunion, you'll probably gain it all back afterward. If you change your relationship with food and exercise and think in terms of health and well-being instead of just wanting to be a size 2, you'll make a lasting change and you'll be more likely to self-correct your habits if you stray.
I have experience with both situations, which is why I believe that lasting change must start from within.
What surprised me is that there's a "personal savings rate" and there's a "national savings rate" and I don't remember having them both reported – or the difference explained – in any of the news outlets. I wonder how many readers here are like me… we consider ourselves to be financially aware, but when we hear something from the news outlets we interpret it in our own way – with a less than full understanding of what's really being said. Was it Mark Twain that said something about there being lies, damn lies, and statistics? We get so little in the way of meaningful data it's hard to even know when we're making unwarranted assumptions.
@Tyler@FrugallyGreen #6:
"…If the tools we use to leverage more money than we have are gone, it will take a lot more work to dig ourselves a hole. The question is, how long will they be gone? Did the banks learn their lessons?"
No, I fear the banks (and other credit-creating agencies) did NOT learn their lesson because they were bailed out by our Government. In fact, the lesson the financial industry probably learned is that they can do whatever they want to do all over again – without negative consequences.
The lesson WE should have learned is that our Government is going to continue to grow (and increase tax collections) until we, the taxpayers, change the way spending occurs in Government.
I'm starting to feel Taxed Enough Already!
This is a great article. I love seeing the data and trend. I think this is a great opportunity to change the saving mindset.
Another possible reason for the uptick in savings for the month of May would be tax returns. Same thing with May '08.
"But maybe some Americans have learned something from all of this. And maybe my own efforts have been enough to make a difference in a few lives. I want people to understand that nobody cares more about their money than they do."
There will always be those who learn and those who don't. Thanks for your part in educating people, JD. You're an inspiration to many who have been deeply in debt.
Those of us who have never been mired in the kind of consumer debt you had still enjoy your story. At least I know I do. While I may not understand the pull of comic books or new cars (absolutely not a temptation to me), I have my own temptation (fabric).
I do enjoy the posts you write on attitude, consumerism, thrift, etc. as I seek to help my family achieve some of the dreams we'd like to do/see instead of just peddling hard to stay put.
My dh and daughter are now on a dig in Israel–a dream of my dh's since he finished his PhD in the Old Testament.
I've known about it, but never seriously considered pushing him into doing it til 07 when I went to Israel myself. I thought, "He's getting older–time to really get serious about fulfilling this dream if we're going to do it".
It wasn't nearly as expensive as your MiniCooper, JD, even with two of them (boy is that an understatement)! In '07, we switched credit cards to one that earns points for travel, so we could cover one of the plane tickets for free with points. They just began their adventure Sat. evening with the flight out.
Actually, I'm like many of your readers–never had a problem with debt since I wouldn't sleep well if I couldn't pay off the cc monthly, but you've helped educate me on other areas of this world of pf. It's not my passion by any means, but at least when you write, it's interesting.
J.D, you've made a difference I've found that a lot of publications are focusing on the "get by until things get better" line, but your site focuses on making better money management a lifestyle rather than a temporary fix.
However, there's always the lure of lifestyle inflation — and I think we may see that once the "crisis" is over.
My thought was that it was people who were born in or after the 1970′s and became adults starting in the 1990′s who never saw credit as difficult to obtain. It really surprised me to read J.D.'s post about credit card companies on his college campus. There was nothing like that when I was in college in the 80′s. At the time, you still had to prove you were 'creditworthy' and had to 'build your credit'. Of course, have proven your creditworthiness, you were perfectly free to get in trouble with it. Frankly, I feel lucky that I didn't have the temptation of a credit card then. It's hard enough to use responsibly when you're more mature, as I and any number of 40+ folks will attest. Even so, it was only through reading this and other blogs that I realized I needed to get on the ball with savings. My emergency fund should be complete next year, after which I'll start putting money into other savings or investments. How am I funding it? I stopped buying stuff. Thank goodness for the wakeup call.
Ah… the spending habits of Americans…
I base my savings on my current income and financial goals, not on what's going on in the economy. I was building up savings, investing, and building an emergency fund before this all happened, and I will continue to do so in the future.
What the crisis really changed was that more people are doing the same thing I've been doing all along — so I'm finding friends and family are more understanding when I don't want to buy the latest toy or eat expensive meals out!
Saving may be a bit reactionary right now for some of us, and that habit has to turn into an actual choice – a personal decision – if it's going to last "when things pick up."
I would agree that the increase in saving is more a sign of a current emotional frenzy rather than a deeper fundamental approach to savings. Once news outlets forecast clearer economic weather ahead those savings will likely flow right back into the hands of retailers.
I was recently surprised when I read that American are now saving more than Canadians. If the trend continues this will be first year in 38 years that Americans have saved more than Canadians.
I also wonder if, once the economy picks up, people will decide they need a "reward" for the financial hardship they endured. That seems to be a common cycle, whether it's saving money or eating right. "I worked so hard, now I deserve to splurge."
Really nice article. I think the common sense rule of spending less than you earn is the golden rule, no matter what the economy is doing.
Good post. You are right in thinking that the lessons from the current recession have not made a lasting impact. But, don't despair, the depression we are entering now will make a lasting impact that will be felt for decades. There is no economic data to support the idea that things will improve in the economy any time soon or even that we have seen the worst of things yet. Start looking at the real hard numbers (hint: if it comes as an opinion piece in the MSM, it isn't based on the facts) and you will see how shockingly bad our fundamentals still are.
JD – Thank you for a great service. I enjoy your blog. If you would like more information on the problems we face, you should have my email address in from this post. I'd be glad to share what I know and my sources if you would like to start incorporating more factual information on the economy. I think it would be good for a greater number of people to understand the dangers we face.
Great Artical!
I would be interested to see the national credit card debt mirrored against those figures.
So, are people saving, but racking up debt? Are people paying off debt but not saving?
I've always been a saver. If anything this economy makes me less inclined to save for the future, because I don't think there is any vehicle I can put money into where it won't lose value.
Hey J.D.,
If the trends you shared are correct, it would seem that American's savings accounts are moving in the right direction, but still it makes me wonder.
Just because there is an increase in savings doesn't mean there has been a reduction in spending. Some people borrow money to save and at the same time still manage to spend the same amount of money. Spending is a habit that doesn't change unless it's done at a much deeper level of unconscious.
I have made regular savings a part of my budget/spending plan since I graduated college. But a couple of years ago (before the great recession) my new husband and I made a choice to change the way we deal with money, credit and debt and since that time our non retirement savings (outside of our 401k and IRAs) has increased for two reasons. First, we are working on increasing our emergency fund so a good chunk of our savings goes into the e/r fund. Second, instead of purchasing goods/services on credit we now save up for anything that is above and beyond our monthly spending plan. So we have a good chunk of short term/mid term savings that we put away each month for our escrow payments, our vacation/travel, home repairs, holiday gifts, etc. We count those short term savings as savings even if we later, a few months later, spend those dollars. I would assume, those dollars put aside for later are counted as savings.
I always wonder if there are way too many competing complex factors to make these numbers worth anything. Maybe the savings rate going down was a sign of something 'good' happening (boomers all having huge retirement savings accounts and are now spending well in retirement without bringing in any income, producing huge negative 'savings' amounts for their population and bringing down the overall rate because of this). Maybe the savings rate going up not so much b/c people are voluntarily acting more responsible, but rather as a result of credit lines and HELOCs have finally been maxed out, bankruptcies and foreclosures erasing debt, and the large negative savings effect caused by these abusers has finally run its course.
I hope this continues when the economy recovers. Saving money isn't just important; it's vital. You need something to fall back on. You need an emergency fund. You need a lifeline. I applaud everyone who's socking away money right now.
"I want for this crisis to have changed things, but I'm not sure it has."
Americans as a nation have about the attention span of goldfish when compared to world history. Look at the Great Depression and those who lived through it and became better savers as a result. Then look at the generation or two after them. It hasn't even been a century and we've seen both extremely frugal years and years of extreme spending and debt. And now the cycle may repeat itself.
To be fair, though, the problem wasn't just with Americans this time 'round. "We are now at a stage where nearly all European economies have larger deficits than 3% as defined by european pact. And some of them have even doubled their deficits and this of course is not long term sustainable because it pushes the debt on to future generations and creates new imbalances in European economies." -http://www.newsy.com/videos/the_burden_of_debt
J.D. you have made a difference for many people. My life circumstances (divorce and bankruptcy) forced me to change, your website helped me learn how to change, and those changes are sticking. "Do not become weary in well doing, for in due season, you will reap a harvest . . ."
You're right, but things really got out of control in the last half-decade or so. In 1988, my Dad found himself in the situation you describe: a good job, great credit, 20% down, and struggled to find a bank willing to make him a loan to buy the new house he was planning to build.
18 years later, not only were people falsifying how much they made and getting the loan anyway, I've read a few stories about BANKS falsifying it in order to be able to give the loan. Amazing.
I also saw credit change dramatically during the mid 1990s. As soon as I turned 18, I started trying to get a credit card. I got rejected a lot at first. Dad thought I was doing it wrong, so HE filled out some applications and had me sign them, and even those got rejected. Finally I got a Citibank card and used it responsibly. But it was a struggle. By the time I was in my early 20s, they were handing out credit cards like candy.
Credit needs to be harder to get, in order to keep people from spending uncontrollably. And the powers that be–the banks, the Fed, and everyone else–has to be willing to endure an economy that doesn't depend on people spending money they don't have. I remain convinced that if we hadn't played financial games to try to avoid a recession in 2001, we wouldn't have had this one.
I expect some people, maybe even a majority, will go back to their spend-happy ways. Now that things aren't quite as bad as they were, I already see it to a degree. I know some people who got into Dave Ramsey when times were bad, but now that things are looking a little better, they're diving headlong into the conspicuous consumption game again.
Some of them look down on me. But that's OK. And if they want, they can keep looking down on me when I retire early and they're still working at age 70.
I think this recession has changed the way some people view savings and personal finance. However, I think that many of these "new savers" will regress into their old spending habits at the first sign of economic recovery. There is just too marketing and American's will always be hardwired to spend.
That being said, there will always be savers and investors like those of us here who read GRS and other personal finance blogs. We just place a higher value on financial security/freedom.
-Gen Y Investor
I, too, am a bit of a sceptic based on our recent trends and the culture of America. Despite the job losses and reports of tough economic times, most folks still have a place to live to house their stuff, still have a TeeVee to inundate them with commercials on buying more stuff, still have a car to drive them to the store to buy more stuff…etc.
I feel like one of the lucky ones. Though my company froze rate increases this year, I still have the same job I had last year, a nice home etc. What the recession did was scare me into taking the leap of paying off my home. While my emergency fund dipped a fair bit due to this payoff, I feel a thousand times safer. If I did lose my job, my investments and a part time job what keep my family of five going for several years. It is comforting.
Have I stopped consuming? In some ways Yes. Frivolous purchases on books and Music have gone way down to nearly nothing. I found a really cool thing called the Library and I go digital on the infrequent media purchases now. I've probably made up for that a bit with purchases for our three new babies, to get the home set up, but I don't feel like I've gone hog wild with toys. I don't keep percentages on what income we put into savings. Instead, I implement the $5 bill savings plan. Besides maxing my Roth and getting the full match on the 401, plus investing in the kids 529 plans, I save every $5 bill I get as change and then put them in a high interest (relatively, in this economy) savings account. So, after our home payoff in May, we've started to gain ground again on our emergency fund.
With savings really going up (and I am discounting some of the good reasons above) what has America really cut back on. My guess, and please submit you own, looks like this
1. Eating out
2. Delaying a major purchase
3. Remodeling
4. Cable
5. Trading down from Macy's to Target
6. Vacations
I have some other thoughts as well but they don't fit in a bullet point to well. Like I said please feel free to comment on your own thoughts.
I am glad that personal savings rate is on the mend and a lot of people now realize debts cannot be used to fund a extravagant lifestyle indefinitely.
However, I am worried that when the good times return, and credit card companies start waving the bottle under our nose, we will throw caution to the wind and start living beyond our means again.
The recent stock market rally tells me that people easily forget their lessons and are prone to speculation.
We need people to spend to the hilt again. It's the only way we can get rich and cash out.
Bulldog Gin Co….I thought about responding to the idiocy of your comment….but someone making a quarter million bonus every year doesn't need business or economic advice from little old me.
I'm actually pretty optimistic that savings will remain relatively high after the economy improves. I think that, for the first time ever, most new savers are automating their savings, which means that they a) are accustomed to having that money automagically disappear and b) would have to take explicit action to STOP saving. It's a reversal of the usual financial problem with getting people to save – in this case, the path of least resistance is to continue saving.
Also very happy to see the savings rate rise, much to the government's distress.
After all, how will our economy improve without Americans spending? They have backed themselves (us) up against a corner. They have structured the latest and future economic stimuli on infusing cold cash (albeit borrowed) into banks, auto corporations, credit and insurance companies and our paltry $13 per paycheck increase by lowering withholding (you'll have to pay the difference in April). They NEED us to spend!
Problem is… NO ONE is spending, including the banks and credit providers. Everyone is saving! To make matters worse (or better in my opinion), a great number of people are aggressively paying down debt. Indeed, TARP funds are being repaid so fast, the government is trying to say "Whoa…hold on there. That wasn't our plan!"
My situation??? My own personal economy is the best it has ever been. Debt is zero, savings is high and I HAVE OPTIONS!
Here's the warning…
At the rate the government is spending (and yes, as of today, they are now talking about an additional massive economic stimulus package), the dollar will surely plummet in value, inflation will hit, interest rates will rise (good for money market accounts) and…
Me? I have chosen to be a millionaire+ by retirement (got 25 years left and yes I will achieve it). I am personally committed, and with a vengeance, to doing every single thing possible to keep my money AWAY from the government (they simply CANNOT manage it better than I). I have monetized my extra time so I can increase my pre-tax 401(k) contributions, am actively funding a Roth IRA, and am always on the lookout for the best places to stash cash.
I have gotten addicted to saving and I am having a blast! JOIN ME and tell others!
YES, the value of the dollar will tank and my savings will be worth less, as will yours
BUT…in the end, I would rather have more of less than less of less. Those who have not learned these current and generational economic lessons, and who resume frivolity will certainly have less of less when the **** hits the fan. They will then turn to you, wanting more of your less…with the government's help of course (or maybe a shotgun will do the trick).
Isn't a nation of super-savers counter-productive to a recovering and healthy economy? I'm struggling to see exactly where the balance lies between people saving and the economy's need for people to spend their money on goods and services, which in turn creates more jobs.
If *everyone* was to be super-frugal all the time, and do all the steps listed in comment #33 (no offense, it's very good advice and I too follow those steps), we'd see major businesses go bankrupt and close their doors (no more Macy's!), entire cities become ghost towns (people not taking vacations means tourist towns shutting their doors due to lack of business) and a lot of people out of work as fast food and retail chains shut down. This would cause the economy to spiral into a never-ending downward spiral as people become more and more frugal and spend less and less, causing more businesses to close their doors and lay even more people off.
If everyone spent as little as I do, the only businesses left open would be a handful of gas stations, the local Walmart, and a few computer companies.
While I fully endorse being frugal and love all the advice on this site, would a 'wish for everyone to be frugal and not spend' actually *hurt* the economy even worse?
@JD: I do believe the recession will have lasting effects.
I think a broad stroke change is something no one will see, but… thanks to this financial crisis there is a percentage of people who have had the veil torn and now have eyes to see & ears to hear!
Something few are talking about is that the current frugality movement interacts very harmoniously with the green movement along with the self-reliant movement. I am noticing an increased percentage of people desiring to live simply & increase their sustainability. This "Simple Living" trend commingles frugality with sustainable, self-reliant, "green" living.
I see all of these trends working together to indeed change a generation. No… not the whole generation… but definitely an increased percentage!
I definitely think we will go back to a pre-1990s savings rate. Whether I would call the drop in savings rates during the 90′s and 00′s a deviation, though, is questionable.
The 8% spending rate everyone is shocked over… it's a joke. All one needs to do is look at equity extraction rates over the last 15 years. Compare that to the savings rate. You will notice one thing: They are inverse.
Why inverse? People were being told "your house won't lose value! we have the best economy in the world… the stock market will keep going up!" Because they bought into these (laughable) conjectures, they saved less and treated their equities as semi-liquid savings. It's easy to get pulled into the hype so I don't really blame them. They were being told this is the "new economy" and to have "faith in capitalism."
They saved less, but that's because they were locking their money into stocks and real estate that was growing at rates no CD or savings account could touch. They had FAITH in the market.
Now that people have seen both bubbles pop, they have been shocked back into the reality that houses are assets that appreciate, but not at the unsustainable rates they were appreciating at. And stocks gain value. But they can not grow at 10-20% every year when the company is actually only growing at 5%.
One more thing to note: The savings rate includes debt repayment.
So just because the savings rate is up doesn't mean people have any more $$ in their bank accounts!
Brenda, I think you're right. Perhaps our frugal lifestyles only work because other people are spending? It seems to me that we're only at an advantage when what we're doing isn't the norm.
For instance, I've never been able to afford to travel or eat out very often and the hospitality industry used to do just fine without me. However, now that everyone else is cutting back on these luxuries, the industry is hurting.
My spending and saving habits haven't changed that much since the recession hit, but I've been able to get some great deals on things I've budgeted for because other people aren't spending.
Go figure.
Hi all! I am the Director of Corporate Development at Bulldog Gin. While we fully support free speech in selecting blogging names (in fact, we're flattered our company name has been chosen), I want to bring to your attention that the previous bloggers' views does not in any way represent our company view.
Bulldog Gin is an ultra premium gin handcrafted in London. It is infused with an exotic melange of botanicals that includes lavender, lotus leaves, and dragon eye, and is the highest rated gin by Wine Enthusiast (a Top 50 Spirit in 2008).
To experience Bulldog Gin, please visit: http://www.BulldogGin.com, http://www.facebook.com/BulldogGin, and twitter.com/BulldogGin.
JerichoHill doesn't understand the meaning of "national saving rate." It's just the combination of personal savings with government and business savings. The San Francisco Fed page, http://www.frbsf.org/education/activities/drecon/answerxml.cfm?selectedurl=/2005/0508.html , says that you should use the national saving rate because it's more comprehensive, but it certainly doesn't say that personal savings doesn't include 401(k) and IRA contributions. What do you think those are, corporate retained earnings or government surplus?
Here is what it says: "Since IRA and 401(k) contributions are not part of personal outlays (and, therefore, must be included in the difference between personal income and personal outlays), these contributions are included in national saving computations." "The difference between personal income and personal outlays" is what we refer to as personal savings.
Debbie, you had me believing you until you turned your comment into an ad. Now I have less respect and interest for your company than I did before.
J.D., why are you allowing that?
Regarding the fear about what would happen to the economy if everyone were frugal: It's so far from happening it's not even worth worrying about. It's like the argument that I should have a kid because if no one had kids the human race would go extinct. There is no risk that everyone will abstain just because I do; therefore I feel confident that my choice to be childfree – or frugal – will have no adverse societal effect, and will have enormous benefit to myself.
Even if everyone on this blog, and all their families, were a bit more frugal – never mind, they won't be. Not all of them. National economic impact of our personal choices is negligible. Don't let it hold you back.
"Isn't a nation of super-savers counter-productive to a recovering and healthy economy?"
Yes. While individually it's better to save it is pretty hard on a economy that is built on people spending.
Companies, service providers, restaurants etc. were built accommodating a certain level of spending. If this level of spending drops those companies won't be able to sustain themselves and many will be out of business, which means people have less jobs, being able to spend even less and so on. A Death Spiral.
That's why the governments worldwide currently make up the difference in spending (be it because of saving, less people earning money, banks not giving credit etc) via stimulus programs to prevent this spiral or at least give it a soft landing.
In response to weakonomist @4 – Schmidt is a businessman. I think you're confusing him with Larry & Sergey, the founders of Google.


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Found March 13, 2013 on Pro Football Zone:
PLAYERS: LaRon Landry, Jason La Canfora
TEAMS: New York Jets, Indianapolis Colts
TEAMS: New York Jets, Indianapolis Colts
According to Jason La Canfora of CBS Sports, the Indianapolis Colts have signed free agent safety LaRon Landry to a four-year contract. LaRon Landry has signed a 4-year deal with the Colts — Jason La Canfora (@JasonLaCanfora) March 14, 2013 Landry had a great year for the Jets in 2012 with 100 tackles, 4 forced fumbles and 2 interceptions. Need NFL Tickets? var _CI = _CI || {}; (function() { var script = document.createElement('script'); ref = document.getElementsByTagName('script')[0]; _CI.counter = (_CI.counter) ? _CI.counter + 1 : 1; document.write(''); script.type = 'text/javascript'; var _CI = _CI || {}; (function() { var script = document.createElement('script'); ref = document.getElementsByTagName('script')[0]; _CI.counter = (_CI.counter) ? _CI.counter + 1 : 1; document.write(''); script.type = 'text/javascript'; script.src = 'http://widget.crowdignite.com/widgets/27484?_ci_wid=_CI_widget_'+_CI.counter; script.async = true; ref.parentNode.insertBefore(script, ref); })();
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subset: commoncrawl


text:
Top 21 Free online Proxy Websites to access facebook and Youtube
What a Proxy websites does? – Proxy websites are web page which allows you to browse your favorite websites — even though your access to those websites might be blocked by a content filter. If you find that you are blocked from your favorite websites, use one of these web proxy websites to get around the block.
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Proxy websites enable you to bypass your own Internet provider and browse through the proxy websites. All that you have to do is type the websites address you would like to visit in the form they provide, and start browsing. Once you keep browsing using that form, you are protected and your real IP address is not being logged.
Before you head on with this nice list of proxy sites ,here are some of the other cool websites that might interest you as well:- Websites to download videos from Youtube, Websites to download free and legal music
Facebook Proxy Websites
Finding the best Facebook proxy sites for safe social networking is important for those who frequent the site. It is also a preferred method to avoid third party advertising offers, spam or unwelcome friend's invites.
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Facebook Oxy
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85 Comments
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text:
Dr. Daniel G. Crabb, M.D.
Dr. Daniel Crabb was born and raised in Indianapolis,
graduating from North Central High School. He earned his
undergraduate degree from Purdue University, where he
also played on the baseball team. Dr. Crabb earned his
medical degree from Indiana University School of Medicine,
and completed his family medicine residency at St.Vincent
Indianapolis Hospital. Dr. Crabb has been with Family
Physicians of Carmel (now St.Vincent Medical Group) since
1983. Dr. Crabb is board certified in family medicine.
Dr. Crabb is committed to providing comprehensive care of
children and adults in an atmosphere that is comfortable, friendly and caring. He has a special interest in dermatology,
skin surgery, and treatment of cholesterol and hypertension. He
is a member of the American Academy of Family Practice, the
American Medical Association, the Indiana Academy of Family
Practice and the Indiana State Medical Association.
In his free time, Dr. Crabb enjoys golf, landscaping, fishing,
church activities, playing guitar and leading a praise band at
his church. Dr. Crabb, his wife and their two grown children all
share a love of animals.
A member of St. Vincent Medical Group
[ Home
| About Us | Our Services | Online
Forms | Health Links | Contact Us
Physicians of Carmel, Inc. ALL RIGHTS RESERVED. Copyright © 2003
Designed By: Computer
Integrity Inc.


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High-Calorie Foods That Are Healthy For You
High-Calorie Foods Women Shouldn't Avoid (and Why)
Photo 1 of 8 View on One PageNext
What's Your Reaction? 0 0 0 0 0 0
High-Calorie Foods Women Shouldn't Avoid (and Why)
Watching your intake of high-calorie foods like ice cream, cookies, and french fries can be a key move in helping you reach your goal weight, but be careful about snubbing certain high-calorie picks that are actually good for you. These six foods may be high in calories, but they also offer your body essential nutrients to function normally and prevent disease.


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Chair: Trace Pickering, Cedar Rapids Community Schools
Vice Chair: Kate Beihl, OPN Architects
"Today's world requires us to co-create the communities we want to live in. Joining the efforts of connectors like the United Way fills me with hope and possibility that we can and will do just that." – Trace Pickering
About the Society
Emerging donors who make an investment of $500 to $1,249 enjoy special recognition and events designed to expand their community awareness. They share an interest in volunteerism and see a direct impact of their dollars through support of United Way initiatives and programs. This Society is named after Cedar Rapids philanthropist, William B. Quarton. In 2012, Quarton Society members gave $1.64 million.
If you would like more information on becoming a leadership giver, contact Benjamin Hoover at (319) 398-5372 ext. 21 or firstname.lastname@example.com.
The 2012-13 Committee
Brent Foss, Rockwell Collins
Matt Huber, Modern Piping
Kara Krueger, hibu
Erin Moller, Benchmark Inc.
Christine Naxera, Cargill, Inc.
Julie Snyder-Klinger, Morgan Stanley Smith Barney
Lisa Tesar, Morgan Stanley Smith Barney
Charlene "Chic" Unkel, Whirlpool
Lisa Wade; Penford Products
Chris Wheeler, Point Builders
The William B. Quarton Society at United Way of East Central Iowa was named in honor of Cedar Rapids philanthropist, William B. Quarton. Bill Quarton was born in Algona, Iowa, and took his first job with Thomas Edison in 1926 in New York. After several years, his training took him to the stock brokerage business. He became intrigued with radio as he watched the spread of long wire radio antennas on the roof tops of Brooklyn from his apartment.
He caught the fever for broadcast and moved back to Iowa in 1931 to run a 100 watt radio station in Cedar Rapids. In 1933 a more powerful station owned by the Waterloo Morning Tribune (WMT) was purchased and the original small station was taken off the air, and the more powerful WMT was moved to Cedar Rapids.
Under the ownership and guidance of Quarton, WMT became one of the radio broadcast pioneer leaders. In 1953, Quarton's vision brought the first television station to Cedar Rapids, WMT-TV, now KGAN-TV. In a career spanning seven decades, Quarton assumed numerous leadership positions.
During his careers Quarton always made contributing back to our community a top priority. One of his major accomplishments included spear-heading the revitalization of the Greater Cedar Rapids Community Foundation. Due in part to Quarton's leadership and direction, the foundation is well poised to give back to the community for generations to come.
Prior chairs
2002 – Clay Jones/Lee Clancey
2003 – Lee Clancey/Peter Seyfer
2004 – Larry Helling/Jim Tinker
2005 -Jim Tinker/Cheryle Mitvalsky
2006 – Dennis Jordan/Brad Schoenfelder
2008 – Robb Loftsgard and Stephanie Neighbor
2009 – Robb Loftsgard and Stephanie Neighbor
2010 – Brian Frese and Heather Lynxwiler
2011-2012 – Brian Frese, Transamerica, and Colleen Hepner, Kaplan University


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your nice politics, your socially conscious language choice, your great group of friends, your theory, your activism -
those things matter. of course they do.
but when you turn out to be a person who hurts other people - then all those things - your politics, your language, your friends - become nothing more than a weapon to wield. they become a shield against criticism. then I think that you've only ever cared so you can learn the language to get away with terrible things.
Spike Jonze wins the Golden Globe for Best Screenplay for Her, presented by Emma Thompson
(via fuckyeahspikejonze)
just fyi: the shirts and the embroidery are made by the Zapatista women; they sell their artesanias to make a living, typically to people who visit the Caracoles, as they are usually harassed by other street vendors if they go into touristic parts of the cities.


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UptownCharming, seductive shape with a bold, sensual feel. With stiletto heel and platform.
Boots. Inner zip closure, Leather sole, Lined interior.
Composition: 100% Lambskin
Heel height: 3.3 Inches
Platform height: 1.4 Inches
Product code: A33110MCAZ011000Made In Italy
The size shown for this item is the size indicated by the designer on the label.
Shipping & Returns
Delivery in 5-8 working days
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ReturnsMaking a return is quick and easy: you have 20 days from delivery to ship your items back to us using the pre-addressed UPS label included in your order. Read more on Returns & Refunds.


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The next open season for the Expanded Professional Associates Program (EPAP) will be in the fall of 2014. An official announcement will be made later this year. Please click on the links below for additional details.
General information on EPAP
EPAP is the newest Family Liaison Office (FLO) program (it was established in 2008 and moved to FLO oversight and management in 2012), EPAP provides 186 professional level Foreign Service full-time positions, funded centrally, primarily by the Department of State and some through ICASS, to appointment eligible family members (AEFMs) serving overseas. Each Regional Bureau is authorized a number of these positions, as determined by the Under Secretary for Management.
EPAP positions are available in Economics, Management, Political, Public Diplomacy, Financial Management, General Services, Human Resources, Information Management, Office Management or Medical (physician or nurse) areas. The pay grades run from FP-07 to FP-04.
Posts identify which positions they would like filled via EPAP and the respective Regional Bureau evaluates and creates a list of positions that FLO will advertise during the open season. Note: More positions than can be filled are advertised because there is no guarantee that there will be a qualified family member available at post at the right time to apply for every position. The Regional Bureaus make all hiring decisions based on a range of factors. The bureaus may also choose not to fill an advertised position even if there are candidates who are qualified. There can only be 186 filled EPAP positions in total.
FLO administers and coordinates the application cycle; convenes the Qualifications Evaluations Panels (QEP); advises candidates of the results of the QEP; and provides the Regional Bureaus with a list of qualified candidates available for consideration.
For general questions regarding the program, please email email@example.com.
Information provided by the Family Liaison Office
Contact the Family Liaison Office


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Featured events
- 10/21/2014 - The Nation's KATHA POLLITT / Pro: Reclaiming Abortion Rights
- 10/21/2014 - Brower Youth Awards 15th Anniversary
- 10/17/2014 - Berkeley City College's 40th Anniversary
- 10/10/2014 - Free Outdoor Screening! - This is Spinal Tap (Rob Reiner; US, 1984)
- 10/09/2014 - Vikram Chandra / Geek Sublime: The Beauty of Code, the Code of Beauty
Berkeley sites
- 510 Families
- Another Bullwinkel Show
- Bay Nature
- Berkeley Afoot
- Berkeley Architectural Heritage Association
- Berkeley Art Center
- Berkeley Artisans
- Berkeley Blog
- Berkeley Byte
- Berkeley Chamber of Commerce
- Berkeley Community Fund
- Berkeley Council Watch
- Berkeley Daily Planet
- Berkeley Dwellers
- Berkeley Film Foundation
- Berkeley High Jacket
- Berkeley Historical Plaques Project
- Berkeley Historical Society
- Berkeley Neighborhood Council
- Berkeley Parents Network
- Berkeley Partners for Parks
- Berkeley Path Wanderers
- Berkeley Property Owners Association
- Berkeley Public Library
- Berkeley Public Schools Fund
- Berkeley Rent Stabilization Board
- Berkeley Startup Cluster
- Berkeley Street Cleaning
- Berkeley Tenants Union
- BHS Development Group
- Bookswept
- Buy Local Berkeley
- Cal Performances
- Claremont and Elmwood Kids
- Claremont Elmwood Neighborhood Association
- Déjà vu: down memory lane in California
- Downtown Berkeley Association
- East Bay Ethnic Eats
- Ecology Center
- Elmwood Merchants Association
- Eye on Berkeley
- Fiat Lux!
- Friends of Lorin Station
- Friends of the Berkeley Public Library
- Habitot Children's Museum
- Humans of Berkeley and the Bay Area
- In Dulci Jubilo
- Infospigot: The Chronicles
- Jewish Music Festival
- League of Women Voters
- Lettuce Eat Kale
- Locate In Berkeley
- McGee-Spaulding-Hardy Historic Interest Group
- Open Town Hall
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- Parents Press
- Quirky Berkeley
- Rookie Moms
- Run Berkeley
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- Telegraph Berkeley
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- The Berkeley Blog
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- Thousand Oaks Neighborhood Association
- UC Berkeley Extension
- UCPD Crime Alerts
- Uncharted: The Berkeley Festival of Ideas
- University Avenue Association
- Visit Berkeley
- What I Saw in Berkeley Today
- Work it Berk
Tag Archives: Metropolitan Transportation Commission
$750K grant may bring big changes to South Berkeley
The city of Berkeley is hoping to dramatically rethink many elements of South Berkeley, thanks to a $750,000 planning grant it received from the Metropolitan Transportation Commission in May.
South Shattuck Avenue and nearly 1 mile of Adeline Street in South Berkeley might see more affordable housing, pedestrian- and bike-friendly neighborhoods, more park areas, a new theater, mass transit improvements, and more.
Those are just some of the ideas that have been proposed so far. Before any plan is adopted, officials will hold community meetings and do other outreach to gather ideas from residents, businesses and local groups and institutions. The grant will also permit Berkeley to do an environmental study, the city said earlier this year. (That study would "allow streamlined CEQA review for future projects on Adeline and south Shattuck Avenue," according to project materials.) … Continue reading »
Tagged Adeline corridor, Adeline Street, Alcatraz Avenue, Ashby Avenue, Ashby BART, Berkeley Bowl, Christine Daniel, Ed Roberts Campus, Lorin District, Max Anderson, Mayor Tom Bates, Metropolitan Transportation Commission, Office of Economic Development, Shattuck Avenue, South Berkeley, South Shattuck
Berkeley could have bike sharing program by spring 2015
UPDATE, 04.09.14: Bike share funds approved, as is money for Bay Trail: The Metropolitan Transportation Commission (MTC) voted to allocate the $8.7 million in bike share funding at its committee meeting today. The MTC spending plan also includes two projects to improve Bay Trail segments in Berkeley. Berkeley will receive $1 million for the third segment of the Bay Trail Extension, a spur of the Bay Trail running through the Berkeley Marina. The first two segments of the extension have been completed, and the new funding would also add a public restroom, bike racks, access improvements, parking lot upgrades and other enhancements near the two sailing clubs and windsurf rigging area. At the same time, the East Bay Regional Parks District will receive $750,000 to fill the gap in the Bay Trail between Gilman Street in North Berkeley and Buchanan Street near the Albany Bulb in Albany. The new segment will run on the shoreline side of the Golden Gate Fields racetrack.
ORIGINAL STORY: This time next year, Berkeley could have a bike sharing program in place in the city. Mayor Tom Bates, for one, thinks it won't be soon enough.
"We've been lobbying for this for a long time," Bates said on Monday.
Bates sits on the Metropolitan Transportation Commission which will vote on Wednesday to allocate $8.7 million to be spent on rolling out Bay Area Bike Share to the East Bay. The program started in San Francisco and the Peninsula last August and, in San Francisco at least, has proved successful.
If approved, the program would see 60 bike pods installed in an 8 1/2-square-mile area of the East Bay, stocked with a total of about 750 bikes, around 300 of them in Berkeley. Planning is in early stages and locations for the bike stations have not yet been decided. … Continue reading »
Berkeley kicks off Adeline corridor improvements push
Coming up later this year, the city of Berkeley has pledged to focus some of its resources on the Adeline Street corridor in South Berkeley to address chronic problems and try to capitalize on the momentum of improvements already underway.
Last weekend, city staff and officials held a public meeting at the South Berkeley Senior Center to begin to brainstorm with local residents and merchants what some of the local priorities are.
Mayor Tom Bates, Councilman Max Anderson and city manager Christine Daniel were in attendance, along with nearly 10 other city staffers, and more than 30 members of the public, said Charles Burress from the mayor's office. … Continue reading »
AC Transit rolls back Line 51 changes after pushback
Citing budgetary and scheduling constraints, along with a desire to listen to community concerns, AC Transit has removed most of the "controversial" items from its proposal to improve service on the Line 51 bus route in Berkeley.
"I think it's safe to say it contains a lot less potentially controversial items than previously," AC Transit representative Robert del Rosario told Berkeley's Transportation Commission on Thursday night.
The panel voted to recommend the current list of modifications to the Berkeley City Council, which is expected to consider the item in April. Four members of the commission were absent, with commissioners Eric McCaughrin, Darby Watson, Terry Roberts, Ghanya Thomas and Mark Humbert voting unanimously to recommend that council approve the plan. … Continue reading »
Traffic signal upgrades planned on Line 51 route
Intersections along AC Transit's Line 51 bus route in Berkeley may see upgrades, if approved by city staff, designed to improve traffic signal timing coordination and allow signals to better recognize when vehicles are waiting for a green light.
The changes are part of a larger plan by AC Transit to speed up and improve service on Line 51. Thursday night, Berkeley's Transportation Commission approved the signal changes as Phase 1 of the project. City transportation staff said they will take a closer look at those proposals before giving AC Transit the final go-ahead.
More controversial changes under consideration — such as a new traffic light at Russell Street and College Avenue, new bus bulbs, and the removal of numerous parking spots along University and College avenues — will be considered at a later date. … Continue reading »
AC Transit's Line 51 plans get second review Thursday
Proposed changes to AC Transit's Line 51 bus service in Berkeley will come back before the city's Transportation Commission on Thursday night for a second review.
AC Transit presented its plans — designed to speed up service and make it more reliable — in October, and met with steep opposition from members of the public who criticized the agency's attempts at public outreach, decried its lack of responsiveness to local concerns, and questioned whether the proposed changes and resulting gains would be worth the hardships some community members believe they would pose.
Since the last meeting, AC Transit has posted a draft parking study that outlines proposed changes along the route in Berkeley. If approved, a handful of parking spots would be added, but another 133 — metered, unmetered, handicapped, yellow, green and white — could potentially be removed. The bulk of the removals — 99 spaces along University Avenue — would be in effect during PM peak hours only. (See the full list here.) The other spots, in the Elmwood and Southside, do not appear to be tied to a particular time of day, but AC Transit could not be reached for confirmation.
Wednesday morning, AC Transit sent out an email notice about the meeting to be held Thursday night before the Transportation Commission: "We apologize for the late advisory, but we hope a number of riders will be able to attend and give their perspective on improving this vital transportation service in Berkeley." … Continue reading »
Merchants ask AC Transit to revise Line 51 plans
Berkeley business owners took AC Transit to task last week for what they described as the agency's failure to communicate as it moves ahead with proposed changes on the Line 51 route designed to speed up and improve bus service.
Proposed changes along the route — which are still very much in the draft stage — include possible parking space removal during peak times, the relocation or removal of some stops, the installation of "bus bulbs," and, at College Avenue and Russell Street, a new traffic signal. (See a map of the proposed changes here.)
AC Transit held two community meetings about the proposal in late August, and presented an overview of the Line 51 project to Berkeley's Transportation Commission on Thursday. AC Transit is scheduled to return to the commission in November, then go on to the Berkeley City Council in December or January. The council will ultimately need to approve the changes for them to take place. (Scroll to the bottom of this story to view maps that show each proposed change.) … Continue reading »
Tagged AC Transit, Berkeley traffic, California Office of Traffic Safety, Daryl Ross, Ellen Lasher, Ghanya Thomas, Jason Wayman, Line 51 bus, Maulin Chokshi, Metropolitan Transportation Commission, Parking in Berkeley, Public transit Berkeley, Terry Roberts, The Elmwood, University Avenue, University Avenue Association, Wil Buller
Parking losses, lane changes possible in Line 51 overhaul
Two community meetings are scheduled this week to collect public input on proposed changes to AC Transit's Line 51 service, which in Berkeley could include the temporary closure during peak travel hours of dozens of parking spots, the addition of three traffic signals, signal timing coordination, and more.
The city of Berkeley would have to approve many of these changes, in meetings that are set to take place this fall. Parking losses, stressed AC transit representatives, would only be in place during peak transit hours and are dependent on public feedback.
Line 51, which runs through Berkeley, Oakland and Alameda, carries more than 19,000 people each day, and is the most used route in the East Bay, according to AC Transit. … Continue reading »
City sets goBerkeley transportation program in motion
City officials and several regional transportation agencies held a special event in front of the Berkeley City Hall on Thursday morning to announce the launch of a new program — called goBerkeley — designed to alleviate traffic congestion, pollution and parking problems.
Berkeleyside has previously covered the part of the program that will result in temporary metered parking changes in three of the city's business districts: downtown, Telegraph Avenue (Southside) and the Elmwood. Thursday morning was the public launch of the campaign. … Continue reading »
New Bay Bridge span: 2 minutes, 3 years of building
After 11 years of construction, and 23 years after the Loma Prieta earthquake took part of it out, the new eastern span of the Bay Bridge is nearly done. Caltrans plans to open the bridge to traffic this September. While we wait for the opening, the Metropolitan Transportation Commission has released a fascinating 2-minute timelapse video of construction since 2009, put together from EarthCam's webcam footage. It makes it look so easy.
Continue reading »


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The last trimester has just begun and most people were looking forward to the start of September. Some are excited for the approaching holiday season, some can't wait for semestral break, but a few just wanted to tweet "Wake me up when September ends."
In history, much has been written to lionize about Rizal and Bonifacio.
By the time we broke the news, we had been keeping it secret for months: New music. By the Eraserheads. In our magazine.
Up close, you can tell that Gab Moreno is only 16 — it's the mild and timid manner in which he speaks, the baby 'stache, and the Archie-esque coiffure. Not to mention, the chaperone in the form of proud father Frederico.
It's a wonder that we can still recognize each other's faces. Whether we're walking, sitting, or even dining, it's always done hunched over one gadget or another, constantly swiping down to refresh our apps for the latest… anything, really.
It's 2014. A career in fashion is real, actual work, and not just a hobby that your parents think you'll outgrow in a few years.
Follow us on Twitter @youngstarphils and Instagram @youngstarphils and add us on Facebook: facebook.com/youngstarphils for exclusive content!
In an industry that gets off (and consequently begets) gloss, it's easy to get blindsided and lost in the shuffle.
Glancing and scrolling through the Internet the other night, I came across something that made me sick to my stomach.
Hunting for a copy of an unpublished Harry Potter book for the daughters of your boss may be tell-tale red flags that you work for an Editor From Hell.


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Community | The Sizzle | Gallery | Advertise | V V Story
Divine salmon pink 1940's draped deco dress
Direct from my collection! This is probably the best vintage dress I've ever owned, and now it's too big for me. Your gain! Its an original 1940's dress, whose stand out feature is the classic late deco draped front, which with clever panelling gives you a wiggle dress to die for. Delicious rhinestone trim! Size: hips to fit up to 38", waist to 28" and bust to 40". Curvaciousness incarnate! Its in wonderful condition, with no fading to the fresh pink crepe or loss of rhinestones on that oh so elegant trim. There has been some very minor damage to the split at the back - I've mended this very neatly for you, so its hard to see but there. No labels, this was lovingly handmade for someone, but by a clever seamstress.
Added by Kitten on 05 February 2011


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Kilbourn said if bands would listen to their audience "they could learn a lot about themselves. Performers are communicating with their audience, and it must be a two-way street."
Etiquette coach » When Daniel Post Senning, an author and spokesman at the Emily Post Institute — and great-great-grandson of the famous etiquette writer — talks about etiquette in entertainment situations, he likes to bring up the now-infamous meat thermometer incident.
More concert etiquette
Daniel Post Senning, an author and spokesman at the Emily Post Institute — and great-great-grandson of the famous etiquette writer — offers these etiquette tips for attending concerts:
Candy with loud packaging is a no-no, except when it is a cough drop — but if you do have a consistent cough, you might want to stay home.
Tall people shouldn't have to move to the back of every venue they attend, but if you are tall and notice that someone is shorter behind you, offer to move.
Don't assume that simply turning your phone to "vibrate" will be OK. It can cause problems when the vibrating cellphone is next to your rattling keys.
If you are walking to the middle of a crowded aisle, always face the stage.
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In 2010, in Lancaster, Calif., a man named Landry Boullard was at a screening of "Shutter Island" when his female companion received a cellphone call and began a conversation.
A fellow moviegoer reportedly asked the woman to stop using the cellphone, and words were exchanged. Boullard walked out of the theater and returned with a 5-inch thermometer. He attacked the complainer, who suffered from a punctured neck and bleeding in the brain, leading to a coma. The man was hospitalized for five weeks and almost died, Senning said.
There are right ways to address a situation, and wrong responses, Senning said. "No one likes to be confronted."
While "you can't sit at the whole concert glaring" at an annoying, talking concertgoer, Senning said calling the attention of an usher to correct the situation is usually the best avenue.
"Sometimes it's a broccoli-in-the-teeth thing, when they don't even realize it," he said.
When you're at a concert, assess the behavior of the crowd around you, and then adapt, he said. If you are at a rock show where everyone around is screaming, it's probably unwise to tell someone to shut up.
But if you want to scream at an Air Supply concert, you should look around to see what other audience members are doing. Chances are they are not yelping at Graham Russell to doff his pants.
Venue representatives » Teri Orr, executive director of the Park City Performing Arts Foundation, books shows at two Park City venues: the indoor Eccles Center and the outdoor Deer Valley Snow Park Amphitheater. Audiences usually self-police, especially at the Eccles Center. But at Deer Valley concerts, where performers are more likely to invite audience participation, it's not uncommon to see dancing fans congregate around the stage when the sun goes down.
If you are seated next to someone having what she called "a robust picnic," ushers at Deer Valley will do their best to find a different, more reserved place for you to sit, Orr said.
Corey Fox, owner of Velour, the all-ages venue in Provo, has tried to cultivate an atmosphere where the audience respects performers and fellow fans.
"Trust me, we have some shows filled with college freshmen that haven't figured that out yet but yes, that is one of our goals," he said about quiet crowds. "I think the big reason is the absence of alcohol and that the performance is the only focus of the crowd. We also consider Velour a 'listening room' and we want the crowds to respect the performers and to respect their neighbors who are trying to listen. I also think the crowd reaction in between songs can be greater because the crowd is actually a fan of the band, rather than random people socializing in a bar."
Veteran concert promoter Chris Mautz runs The State Room in Salt Lake City and books the acts for Red Butte Garden. "I wish there was some magic potion," he said about correcting bad audience behavior.
When he is at The State Room and encounters especially disruptive audience members, he politely asks them to move the conversation to the lobby. "But it's not easy," he said. "I value every patron."
Mautz believes self-policing can be a good thing, unless it intensifies. "It's not helpful if someone is polite to you [and you] turn it into an adversarial situation," he said.
Audiences at the intimate, 300-seat State Room tend to be more respectful than at outdoor venues. Outdoor concerts attract more listeners who come for social reasons. The toughest situation comes when an audience on one blanket has different expectations than the audience on the next blanket.
Mautz said when he goes to see a show, he likes to be "proactive" by getting to his seat early, getting to know the people around him. If he gets the sense that people wouldn't tolerate someone who would talk or dance at a show, he will tailor his behavior accordingly.
Or, he might just move.
There are plenty of spaces inside most venues where you have the freedom to be an obnoxious chump all by yourself.
Twitter: @davidburger
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click image to zoom ABOUT 2TO10: 2to10 is a by-invitation only cooperative of the industry's leading salon and spa brands with between 2 and 10+ locations. Now in its fourth year, the 2to10 Project is based around an in-depth Annual Study of multi-location P&L's and operating practices from 2to10 member companies. These organizations receive the findings from the Annual Study, as well as a confidential business scorecard which compares their business to the 2to10 membership at large. Both results help owners identity key areas of strength and opportunity.
This year, 2to10 will host its Annual Leadership Conference on April 13-15 at the University of Massachusetts Boston, where study results will be presented along with industry best practices from top industry performers in each category and financial and management insights from faculty the University's Entrepreneurship Center and College of Management.
Membership for 2014 is capped at 60 salon and spa companies that represent the top 4% of the industry across North America. The 2014 2to10 Member Advisory Board includes Amanda Hair, Susan Haise, Eric Hammond, Lina Heath, Frank Westerbeke, Andreas Aifiriades and Frank Zona.
For more information about the Advanced Business Certification Program, contact Prof. Benyamin Lichtenstein at email@example.com. To learn more about the 2to10 Project please visit their website at http://www.2to10project.com or contact Tom Kuhn, CEO of the 2to10 Project at firstname.lastname@example.com.