Pistis: Financial Health & Good Jobs

All of history’s greatest figures achieved success by having pistis, “trust; commitment; loyalty; engagement.”

Pistis Card

It’s a sad truth of American life that the poorer you are the more you pay for banking.
For example, according to the Wall Street Journal, banks and other financial firms in 2016 generated $33 billion in fees related to overdrafts on checking accounts, this is the highest level in seven years. The Consumer Financial Protection Bureau (CFPB) has compared overdraft fees to a short-term loan with a 17,000% APR!
Mehrsa Baradaran, associate professor of law at the University of Georgia, and author of How the Other Half Banks, writes “As the banks are set up currently, the fees they charge are meant to dissuade small accounts, or accounts by people whose incomes are minimal and very uneven.”
As Baradaran writes in her book’s introduction, the banking industry has stopped serving those who are “too poor to bank”, pushing them into the arms of non-bank service providers to provide the most basic services: to cash pay checks, pay bills or transfer money. In exchange, she calculates that they fork over up to 10% of their income for these services.
In some cases, they don’t have an option: a bank may refuse to open an account for them. And banks have long been trying to “discourage” their smaller customers: fees on accounts where balances dip below a specified level even briefly can look extremely costly to a low-income household.

Financial Health

Financial Health for Everyone
Our vision is an audacious one: to increase the number of individuals with positive financial health and well-being. To achieve financial health, people need day-to-day financial systems that build long-term resilience and opportunity. Financial health enables family stability, education, and upward mobility, not just for individuals today but across future generations. Promoting financial health is good for the American economy. Financially healthy consumers drive new opportunities for increased engagement, loyalty, and long-term revenue streams. Lasting financial health also has a positive macroeconomic impact on communities at local, regional, and national levels.

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Random Collisions: Advertising Creates a Climate of Violence Against Women

Random Collisions NYC

Random Collisions are forums for the random collision of ideas. Jane Jacobs in The Economy of Cities offered the random collision of ideas as an explanation for the success of cities such as New York.
Wednesday, June 6, 2018 & Thursday, June 7, 2018

Advertising is an over $200 billion a year industry. We are each exposed to over 3000 ads a day. Yet, remarkably, most of us believe we are not influenced by advertising. Ads sell a great deal more than products. They sell values, images, and concepts of success and worth, love and sexuality, popularity and normalcy. They tell us who we are and who we should be. Sometimes they sell addictions.
“We all grow up in a culture in which women bodies are constantly turned into things, into objects.”

Budweiser ad

“Of course this affects female self-esteem. It also does something even more insidious. It creates a climate in which there is wide-spread violence against women.”

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Random Collisions: Becoming a Billionaire

Random Collisions Becoming a Billionaire

Random Collisions are forums for the random collision of ideas. Jane Jacobs in The Economy of Cities offered the random collision of ideas as an explanation for the success of cities such as New York.
Wednesday, June 6, 2018 & Thursday, June 7, 2018

Jessica Alba Sin City

Jessica Alba who starred as stripper Nancy Callahan in the Sin City films is also a co-founder of The Honest Company. And according to their website:
We created this company because we care passionately about helping families and giving all children their best and healthiest start in life. There are 2.2 billion children in the world, and 75 million in the United States, and through our Social Goodness work, we believe it is our job to make a difference in the lives of all families. That is why your product purchases helps us fuel a movement of philanthropic change and impact that will result in greater health and safety for all children.
Cash Warren, Jessica Alba, Honor, and Warren

Cash Warren, Jessica Alba, and daughters Honor and Haven Warren

Can a woman who portrays a stripper in the movies run a successful family-friendly business?
Why not?

Random Collisions: The Power of Empathy

Random Collisions NYC

Random Collisions are forums for the random collision of ideas. Jane Jacobs in The Economy of Cities offered the random collision of ideas as an explanation for the success of cities such as New York.
Wednesday, June 6, 2018 & Thursday, June 7, 2018
Therefore I tell you, do not worry about your life, what you will eat or drink; or about your body, what you will wear. Is not life more than food, and the body more than clothes?
~ Matthew 6:25
Hope Community Services

HOPE Community Services is the largest food pantry/soup kitchen in Westchester County. Former HOPE Volunteer Coordinator Sue Gedney, former New York State High Chess Champion Joshua Cola, 96 years old volunteer Iris Freed, and Terrance Jackson.  Photo: Gene Shaw

I spent over five years homeless mostly in New Rochelle, NY and discovered the power of empathy to fuel innovation and creativity:
I believe that empathy – the imaginative act of stepping into another person’s shoes and viewing the world from their perspective – is a radical tool for social change and should be a guiding light for the art of living. Over the past decade, I have become convinced that it has the power not only to transform individual lives, but to help tackle some of the great problems of our age, from wealth inequality to violent conflicts and climate change.
It is important to understand what empathy is and is not. If you see a homeless person living under a bridge you may feel sorry for him and give him some money as you pass by. That is pity or sympathy, not empathy. If, on the other hand, you make an effort to look at the world through his eyes, to consider what life is really like for him, and perhaps have a conversation that transforms him from a faceless stranger into a unique individual, then you are empathising. ~ Roman Krznaric

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The Peebles Card: Financial Health & Good Jobs

The Peebles Card

It’s a sad truth of American life that the poorer you are the more you pay for banking.
For example, according to the Wall Street Journal, banks and other financial firms in 2016 generated $33 billion in fees related to overdrafts on checking accounts, this is the highest level in seven years. The Consumer Financial Protection Bureau (CFPB) has compared overdraft fees to a short-term loan with a 17,000% APR!
Mehrsa Baradaran, associate professor of law at the University of Georgia, and author of How the Other Half Banks, writes “As the banks are set up currently, the fees they charge are meant to dissuade small accounts, or accounts by people whose incomes are minimal and very uneven.”
As Baradaran writes in her book’s introduction, the banking industry has stopped serving those who are “too poor to bank”, pushing them into the arms of non-bank service providers to provide the most basic services: to cash pay checks, pay bills or transfer money. In exchange, she calculates that they fork over up to 10% of their income for these services.
In some cases, they don’t have an option: a bank may refuse to open an account for them. And banks have long been trying to “discourage” their smaller customers: fees on accounts where balances dip below a specified level even briefly can look extremely costly to a low-income household.

Financial Health

Financial Health for Everyone
Our vision is an audacious one: to increase the number of individuals with positive financial health and well-being. To achieve financial health, people need day-to-day financial systems that build long-term resilience and opportunity. Financial health enables family stability, education, and upward mobility, not just for individuals today but across future generations. Promoting financial health is good for the American economy. Financially healthy consumers drive new opportunities for increased engagement, loyalty, and long-term revenue streams. Lasting financial health also has a positive macroeconomic impact on communities at local, regional, and national levels.

Continue reading

New Rochelle Magazine: Digital Ads Suck & Google is an Old Business

The new model of advertising and branding demands that companies improve public life and satisfy the needs of our higher sacred selves.
New Rochelle Magazine will be mailed to property owners with properties valued over $1 million, such as:
Gregory Hawkins
Sharon  Hawkins
20 Premium Point Rd
Rochelle, NY 10801
FULL MARKET VALUE
$3,290,210
Property Taxes 2016
School $72,354.81
City $20,085.58
County $16,694.10
Cyrus Noshir Pardiwala
Kimberly Willoc Pardiwala
27 Dogwood Ln
Larchmont, NY 10538
FULL MARKET VALUE
$1,101,399
Property Taxes 2016
School $24,220.79
City $6,879.99
County $5,588.36
Dr. Paula Rothaus
19 Pryor Manor Rd
Larchmont, NY 10538
FULL MARKET VALUE
$1,905,594
Property Taxes 2016
School $41,905.81
City $11,731.88
County $9,668.74
Donald Gallagher
Raymonde Gallagher
78 Seaview Ave
New Rochelle, NY 10801
FULL MARKET VALUE
$1,038,462
Property Taxes 2016
School $21,628.78
City $6,166.55
County $5,087.49
Reducing Property Taxes & Reforming Education
Why should the residents of New Rochelle pay extremely high property taxes to maintain a system that destroys the creativity of our children?
In 2016, Westchester County ranked first in the nation in property taxes. Westchester residents paid on average $16,500 a year in property taxes, according to a report from ATTOM Data Solutions. High taxes are undermining the Westchester economy. If you were a company trying to find a location for a new office or distribution center, why would you come to the highest taxed county in the United States?
We pay outrageous property taxes, yet our children are vastly underserved by schools. Our schools were designed in the late 19th Century and early 20th Century to create the cogs of the Industrial Age, jobs such as factory workers and bureaucrats. Schools do not value creativity and entrepreneurship, the types of skills that are needed in the 21st Century.

Click images for draft of New Rochelle Magazine

New Rochelle Magazine
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Solving Big Problems with a Technology of Abundance

Random Collisions NYC

Random Collisions are forums for the random collision of ideas. Jane Jacobs in The Economy of Cities offered the random collision of ideas as an explanation for the success of cities such as New York.
Wednesday, June 6, 2018 & Thursday, June 7, 2018
“The thief comes only to steal and kill and destroy; I came that they may have life, and have it abundantly.”
John 10:10

IGods by Craig Detweiler

We need a theology of abundance to deal with the outcomes of our technology, the massive fruitfulness that the Creator God baked into us. We need a theology of abundance equal to the grace and generosity found in the blood of Jesus poured out for many. We need a theology of abundance commensurate with the superabundant presence of the Holy Spirit that can flood our senses, short-circuit our rationale. Unfortunately, our economics is built on a model of scarcity, and our theology feels equally impoverished.

Power comes from faith
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