Saturday, July 9, 2016

External threats vs internal threats...

The problems facing the Black community here in the USA

A white man’s perspective

Do you remember where you were on September 11th, 2001?  I was on a golf course that morning.  I’ll never forget how I felt when I came into the clubhouse and saw the news playing on the TV showing that a plane had struck the World Trade Center in New York City.  I sat there for a while watching the news reports and was horrified as I saw, live on the air, the second plane hit the second tower.  I continued to watch and eventually saw the buildings come tumbling down.  The next few days and weeks were filled with a swell of patriotism.  The country became united against a common foe.  We had real enemy in Osama Bin Laden and the terrorist group Al-Qaeda; an enemy that was willing to kill Americans and willing to come here to do it.  We had a real external threat that all people in the country could come together and oppose.  It was easy for white, black, brown, and all colors to suspend petty differences and be united against this common enemy.

During this time racial division was at an all-time low because of our common enemy; our external threat.  That stands in stark contrast to our country today where racial division is at a high not seen since the 1960s.  You see, as we waged the war on terror and as more victories were won and as the fight against terrorism seemed more remote and less “front of mind” we lost sight of the external threat and began to fight amongst ourselves.  If you look back through history you’ll see that anytime our country had a significant external threat we as a country always came together to oppose that threat (terrorism, Soviet Russia, Nazis, all the way back to the British in 1776).  When the coast is clear and no large external threat presents itself then we tend to divide and fight amongst ourselves, breaking down along group lines, whether those lines be racial (white, black), political (Republican, Democrat), or economics (wealthy, working class).

This point is brilliantly illustrated in the movie Independence Day.  During this movie the World, with all its squabbling and warring countries, suddenly finds itself invaded by extraterrestrial aliens.  In order to defeat this external threat the countries of the World must rally together (with the help of Will Smith and Jeff Goldblum) to defeat this common enemy, this external threat.  In order to survive, these countries must put aside their differences and focus on the commonalities.  They had to remember that we are all human.  Every man woman and child on the earth shares this common element, our humanity, and humanity itself was threatened and on the verge of extinction.  In that moment, trade wars and boundary disputes no longer mattered.  We must defeat the external force if we are to survive.

Now, that’s not to say that the countries of the world didn’t have legitimate problems that still needed to be addressed.  They absolutely did, but those problems must be put on hold until the survival of the species was ensured.  And while it wasn’t addressed in the movie, I can only imagine that on the day after the invading force was defeated the countries of the world mostly likely resumed their petty differences.  What is more likely to happen I wonder?  That the world might be invaded by aliens (assuming for just a moment that they are real and motivated to do such a thing) or that we might destroy ourselves in a volley of nuclear destruction from our own missiles?  The question may seem silly today but folks in mid-October 1962 probably would have said “nuclear fire”. 

If therefor we can assume that external threats will always ensure that we come together to defeat them, then one could suppose that the greatest threats are the internal threats.  The threats posed to ourselves, from ourselves.  From one opposing group to another.  North vs South.  The civil war of this country is one of the best examples I can think of where the danger we faced was a self-imposed danger created when two groups could not agree.  These tensions, if left unabated, always lead to violence and eventually death.  Sometimes the scale is small like we’ve seen over the last few weeks and days in the form of race violence between the black community and police offices.  Sometimes the scale is very large like the aforementioned Civil War.

So what is the Black community to do?  It almost seems as though I’m making a case that they should ignore these perceived wrongs they feel have been committed against their community in the sake of maintaining the peace of the whole country.  Nothing could be further from the truth.  Racism is real, and racism can be found in almost all places.  For anyone to make the argument that there are no racist police officers, who have over the years mistreated and abused and even murdered members of the black community, simply have their heads in the sand and don’t want to admit the truth (on a side note, anyone who says all police office are racist are equally wrong).  The black community has a right to seek justice for what they perceive as an external threat.  White racism, for the black community, represents an external force that threatens their whole community.  But like a country, or even the world as a whole, the black community must be careful that they do not spend all their time focused on defeating the external threat while ignoring the internal one.

Yes I’m talking about groups within groups within groups at this point and it’s starting to get a little deep into the weeds now, but hang with me.  Like any other group of any other size (say a country for example), racial or ethnic groups are just smaller versions of these larger groups.  And like their big brothers they face both external and internal threats.  I laid this out already in the example of the movie Independence Day and the example of the Civil War.  The black community is no different.  Right now the black community, and all the members of it, are focused on the external threat from white police office racism and the violence those offices commit toward the black community. As a result the black community as a whole (not all individuals mind you) spends all its time protesting and speaking out against this issue.  But while they are focused on the external threat the internal threats are destroying their community.  It’s all kind of like a man fighting off a swarm of bees while unbeknownst to him he’s dying of cancer.  That’s an extreme metaphor but you get my point.  The black community leaders, including those in the black lives matter movement, talk about the numbers of young black men who are shot by police, but this numbers pales in comparison to the number of black on black homicides each year.  Yet the leaders of the black community say nothing about black on black violence.  Where is Jesse Jackson and Al Sharpton, or even President Obama on that issue?  Nowhere to be found.  If the black community is being hunted and eliminated then a strong argument can be made that they are hunting themselves.  These internal issues such as gang violence, drugs, the breakdown of the family, and chronic employment do more to hurt the black community every day than a few rouge police officers ever could.  The black community must not spend all its time focused on the wrong issues.  My grandmother used to say that people like that would strain at a gnat and swallow a camel.

There are times, when the aliens are attacking, that everything else must be set aside to face the common foe that we all have.  But for individuals in the black community, it is my belief that their greatest threats come not from without, but from within.


Abraham Lincoln said this of the United States: “America will never be destroyed from the outside. If we falter and lose our freedoms, it will be because we destroyed ourselves.”  I think the same can be said of the black community, and all of us for that matter.

Friday, June 10, 2016

Why I Hate Everything...

I have decided that I don’t like a lot of things these days.  I have very strongly held beliefs about how the world should be.  Whether that be ideas of faith, family structure, love, citizenship, morality, patriotism, or ideas about how my favorite tv, movie, video game, and comic properties should be represented.  I also find that as time goes on the world seems to move further and further away from my ideal version of it, and as that move occurs I find myself more disagreeable and grumpier. 

I have become the proverbial grumpy old man.  I didn’t used to be this way.  I used to be very open to new and exciting things, embracing what was around the corner instead of holding bitterly onto the past.  Josh Flanagan from iFanboy helped me realize why this was occurring while discussing on his podcast why he disliked the Superman vs Batman movie.  He basically said that 12 year old Josh would have loved that movie, but 40 year Josh hated it.  Part of that was because it was just a poorly made movie but part of it was because he’s had 30 years to think about and reflect on these characters, particularly Superman, and found that the version of the characters presented wasn’t in his mind the version he preferred.  And when I heard that it dawned on me.  Wow, that’s what’s going on with me.

At some point in my past, probably in my early teen years, the world crystalized and everything was perfect.  From that moment on the world looks less and less like my ideal version of it.  Whether that be problems with people figuring out which bathroom to use or Superman no longer wearing the red trunks on the outside, I find myself feeling more like a foreigner in a strange land. It’s kind of like what Steve Rogers experiences being a man out of time, but on a smaller slower moving scale.  

I can only image that this problem will get worse as I continue to age, and now I can see that this is exactly why grumpy old people talk about the good old days and why they don’t like anything anymore.  That, and hip and back pain. I don’t want to be that older person, but I’m not sure how to avoid it.  Should I be more willing to accept what I naturally am inclined not to like?  Or should I go kicking and screaming, fighting for what I think is right and good and true, for all mankind?  

Wednesday, June 1, 2016

The trouble with X-Men...

I never posted my thoughts on the X-Men Apocalypse movie experience.  It certainly was no Captain America: Civil War but it was marginally better than Superman vs. Batman. 

The X-Men movies have never been among my favorites.  The strongest one was without a doubt the original and they’ve all been lackluster since then, however First Class was a very strong showing.  I’m not real sure what it is about the X-Men movies that makes me feel incomplete, I just do.  We all wish that Marvel would get the license back from Fox but that’s never going to happen because Fox makes X-Men movies that are just “good enough” to still be profitable.  (as opposed to Paramount and the failing Fantastic Four franchise, or whoever had Ghost Rider)

Fox on the other hand seems to have the action elements down, hitting fast paced battle sequence moments in these movies that we all want to see, yet the movies seem hollow.  A perfect example of this is the Psylocke character as played by Olivia Munn.  They really nailed her.  They got the costume right, the powers right, and Munn seems to have actually been good casting.  What they didn’t do was giver her any story, or character development, or us any reason to care about her.  And that is the essence of what is wrong with Fox’s X-Franchise.  They have a lotta flash and glitter.  They look good and sound good.  They even successfully hit some comedic bits from time to time (Quicksilver speed montage).  But at the end of the show it all feels a bit hollow because the story just wasn’t there. 

I never really learned much about who Apocalypse was, or where he got his powers, or why he was determined to rule the world, except for them to say they that Apocalypse has around a long time ago, he’s really powerful, and he wants to rule the world.  So without even any real “bad guy motivation” (he just exists to be evil) then the fight against him also rang hollow.  The only reason they seemed to fight him was because they stumbled upon him and well that’s what we do. 


If all you wanted to see was X-Men Characters fighting each other then you’ll be pleased with this movie.  If however you actually want a substantive story to enjoy, then they should just give us more Deadpool.  Despite its depravity, there actually was a good story at the heart of that movie.
I'm not evil, I'm just written that way!

Wednesday, January 13, 2016

What to do in a down market?.... Keep your cool...

You already know this but I thought it important to discuss it once more. The market is careening lower because Oil is falling into the abyss. Oil is falling into the abyss because the Arab nations are attempting to bankrupt our energy industry and fight off opportunistic Russia. When Iran can produce a barrel of oil for $5.00 and Saudi Arabia for $10.00 they can hit us where it hurts.

"But aren't the lower gas prices enough to help the US economy?" I hear this often and it makes perfect sense. Unfortunately, the answer is no. Currently there is approximately $300B in debt flowing through the financial system tied to companies that are exploring, extracting and delivering oil. If they can't make money on oil, they stop drilling; which means no revenue, which means no profits and means no payment of loans. These loans are scattered through the system on bank balance sheets, pension funds, mutual funds etc. While it's nice to fill up for $1.80, the potential for mass layoffs and corporate defaults are overwhelming the system.

It's really quite simple; if oil continues to fall, so will the market.

My belief is that this isn't 2008 all over again. Corporate balance sheets, sans energy, are awash in cash. Consumers are healthy and the US economy has slowly been regaining its footing. I also believe that oil will not stay this low and therefore the discussion surrounding massive defaults will soon wane.
It's scary and the market is ugly, but I view the worst start in market's history as an opportunity not as a dire warning. We came into this year with extreme cash levels and have slowly started to nibble at new names. We're long overdue for a bounce and it will be a big one.

Thursday, January 7, 2016

4 Car Care Tips for Extreme Weather...

The weather report is in—and it calls for partly crazy skies with an unpredictable front moving in from the Pacific! Weather across the country this winter, and every year it seems, is behaving just a little strangely. Depending on where in the country you live, if you want to get through our winter months disaster-free, you’ll need to be prepared for anything. With that in mind, we’ve put together a list of tips for driving in any “extreme”—take our advice and you’ll be prepared to face nearly anything Mother Nature throws at you.

Hot Weather: Take care of your battery!
Steamy hot days can take a lot out of us, but they can take a lot out of your car battery, too. When the temperatures rise, the liquid inside your battery actually evaporates, and if your battery is more than a couple of years old, you could end up stranded with a dead-as-a-doornail battery that won’t hold a charge—and may not even jump-start! If your battery is three years old or more, consider replacing it right away, because you don’t want to be stuck with a dead car on a hot day!

Cold Weather: Look at your tires!
When temperatures go down, many things can happen, but the one you should always keep at the front of your mind is that the air pressure in your tires will be lower in cold weather than in hot. It’s simple physics, really—cooler air means slower molecular motion, and that causes the air pressure to drop. Invest in a tire gauge and learn how to read it. Tire pressure affects your gas mileage, tread wear, and most importantly—safety. Take care to keep your tires properly inflated when temperatures are cooler and you’ll cruise through the cold weather cool as a cucumber.

Rainy Weather: Take care of your finish!
When storm clouds roll in and darken your day, take care that they don’t blemish your finish, too. This is more than just a cosmetic concern—water is corrosive, and encourages oxidation in the form of rust, which can weaken not only your car’s body but the frame as well, if left unchecked. Not only that, but those little drops of water act like a magnifying glass and can focus the sun’s rays against your finish, actually burning it! It seems counterintuitive, but in periods of heavy rainfall, take care to keep your car washed often and always use a wax sealant, taking particular care with the “flat” areas of the hood, roof and trunk where water is more likely to pool. After a rainy day, take care to displace any droplets left pooling on your finish. Properly guarding against water will preserve your vehicle’s structural integrity and keep it looking shiny, too.

Windy Weather: Focus on Safety
When most people think of driving in harsh weather, they may think of snow or ice. While these hazards are serious, driving in heavy winds can be just as dangerous. You may have felt heavy winds threaten to push your car sideways while driving before. When the winds pick up, take care to focus on driving safely. If you’re a habitual one-handed driver (like most of us), drive with both hands during windy conditions to keep more control of the car. Don’t follow anyone too closely, especially tractor-trailers and other vehicles with something in tow. Keep a sharp eye on the vehicles around you, and drive slowly enough to allow plenty of reaction time should the wind topple a trailer or cause a car to swerve.

Thursday, October 1, 2015

Oh deer! Kentucky’s peak season for deer collisions returns...



Brace yourselves, Kentucky drivers; the annual three-month increase in roadway encounters, and unfortunate collisions, with white-tailed deer is once again upon us.

Deer can certainly be spotted around Kentucky any time of year, but for the next three months their activity – and likelihood of becoming a costly, if not deadly, roadway hazard – increases dramatically. Drivers across the Commonwealth are anywhere from two to seven times as likely to collide with a deer on the road in November as they are during the first nine months of the year.

Beyond being a nuisance, the cost of these deer collision accidents is also quite significant. The Insurance Institute for Highway Safety (IIHS) estimated that each year white-tailed deer across the nation cause car accidents responsible for tens of thousands of injuries and the deaths of approximately 200 Americans. Those collisions also carry the hefty price tag of $4.6 billion in insurance claims annually.

Regionalizing those numbers, Kentucky State Police (KSP) data reports that Kentuckians were in a total of 3,092 automobile collisions with deer in 2014 (128 more than in 2013). Those accidents resulted in 62 injuries (nine fewer injuries from the year prior) and three deaths (zero deaths reported in 2013).  Overall, Kentucky is ranked as the fourth highest state in the country by IIHS for animal collision claims during this peak season.

Vehicular collisions with deer increase during this time of year in conjunction with the annual peak season for deer mating. Deer are also naturally migrating in the fall, and urban sprawl has introduced many new roads into the natural habitats of these animals. Kentucky’s simultaneously exploding deer population only expands the opportunity for these accidents to occur. Consequently, deer are seen and struck on the roadways during the last three months of the year almost more often than all the other nine months combined.

Now that this seasonal jump in deer activity is here, drivers should take the time to be aware of their surroundings even more than usual. KFB advises motorists to drive defensively on the roadways this fall, especially when headed through wooded areas where deer are likely to be seen.

Tips to help drivers avoid deer collisions:

Watch for deer crossing signs. These signs are posted to alert drivers that certain stretches of the road are commonly populated with deer – do not ignore the warning.

Be aware of the time. Deer are most commonly seen along roadways in the early morning and evening hours. Exercise additional caution if traveling during these times of day.

When driving after dark, use high-beam headlights to increase the range of vision.

If a deer is spotted on or near the road, slow down immediately.

Don’t swerve if a deer is in the road. Brake firmly but keep the vehicle headed in a straight line. A swerving vehicle can confuse the animal and prevent it from picking a direction to flee, or, worse yet, the driver could lose control and hit a tree or another car.

Always wear a seat belt. The Kentucky State Police reports that most people injured or killed in automobile collisions with deer are not wearing seat belts.



Friday, September 25, 2015

You Need To Understand That Life Insurance Is Not Optional...


September is Life Insurance Awareness Month. If you are suppressing a yawn at this point, the startling statistics revealed by the 2015 Life Insurance Barometer Study should serve as a wake-up call. According to the study, which was conducted by Life Happens and LIMRA, more than 40 percent of Americans have no life insurance at all. 
 
The problem is even more chronic for women, who historically have been underinsured. It is estimated that the amount of life insurance owned by women is about 69 percent of that owned by men, and 43 percent of women do not have any life insurance at all. It is unfortunate that our society still tends to undervalue the contributions of women to the household, especially if they are stay-at-home mothers or caregivers without a quantifiable salary.  
 
To help with the guesswork, salary.com in its Annual Mom Salary Survey estimated that the total annual salary for a stay-at-home mom in 2014 should be $118,905. The number of women who are the primary breadwinner of the household, or in many cases the sole breadwinner of the household, continues to increase. It is imperative that these women have adequate life insurance to provide for their families in the event of a premature death. 
 
Women also are more likely to be the main caregivers for an aging parent or loved one. With so many depending on women, the importance of proper coverage is critical. While 66 percent of single mothers do have life insurance policies, only 33 percent have sufficient coverage to satisfy their dependents’ expenses for any substantial length of time. 
   
The Insurance Barometer Study also indicated that 30 percent of those surveyed believed they needed more life insurance and 43 percent said the loss of the primary breadwinner would have a financial impact within six months of their death. Despite these facts, 54 percent said they were unlikely to buy additional life insurance in the next year.
 
Why the disconnect? If consumers recognize they are underinsured and are aware of the potentially devastating financial effects, why are they not taking corrective action?  The Insurance Barometer Study found that mistaken perception about the actual cost of life insurance was at the root of the problem. The study showed that most consumers have an unrealistic expectation of the cost of insurance. About 80 percent of respondents overestimated the cost. Millennials in particular missed the mark by as much as 213 percent, and members of Generation X were off by 119 percent. 
 
Insurance protection is not nearly as expensive as people think it is. When compared with other monthly costs like cable, lunches out or the occasional stop at the coffee shop, life insurance is very affordable. When families understand the real cost of life insurance, they realize that not only can they afford it, but they cannot afford to go without it.  
 
As an advisor, I know firsthand the importance of life insurance in the overall planning process. I have either seen or heard how the premature death of a loved one without adequate insurance can completely derail a financial plan and devastate a family.

Let me help you understand how Life Insurance is not only necessary, but also affordable.

Please contact me:
Jon Loveless
Office Phone: 859-498-5714
Cell Phone: 859-585-1638 (leave a message anytime of day and I’ll call you back)

Email: jon.loveless@kyfb.com