Year: 2009

Ode to a Church Organ

What comes around goes around!

A few years ago I saw an advert for a small piano sized electric organ in our local shop window.

Great I thought, that will be a good way to introduce some music into the home, and see if I can add pedals to the idea of playing the piano.

It didn’t take long to track down the owner, but unfortunately the organ was in a back room, down two sets of stairs, round a corner, in a house which was isolated and difficult to find. Whereas I should have gone along with a team of

Typical electric organ

people, there were only three of us to move the instrument, but we eventually managed to move the thing out of the house, and into a trailer which we used to transport it to our house.

My wife thought I was mad, but I really liked it because it only had the sound of an organ, not a choice of sounds. It even had stops, not buttons to choose the different pipes you wanted to use.

Actually we were undertaking a great deal of building work at the time thus when our local church’s organ came to the end of it’s life, it seemed a good idea to offer them the chance to have this piece. It was ten times better than the original and sounded wonderful: job done!

However, last year some kind soul left money to the church and it was decided that the churcch could afford a new organ.

It duly arrived and our old one was moved to an alcove at the back of the church: I was asked to remove it.

Where was I going to put it? By chance we had acquired an almost new one ourselves and nobody seemed to want this old but wonderful piece.

We tried Ebay – no luck. Adverts – again no interest. The pressure started to grow.

People were asking me to move that old organ of mine. Letters started to arrive. Could I please take it away – I became the bad guy.

Eventually, I made contact with a man in London who would be happy to take it away for free, but he wanted to hear it play. Whoops!  It was already loaded on my trailer!

But I managed to position trailer and load near an electric socket and in broad daylight, with the aid of the mobile phone, I stood and played a range of music!  Our customer was happy.

He agreed to come at about eight o’clock one Saturday morning, but actually arrived two hours ahead of time at six in the morning!

A church in Ghana

The man brought his wife, dressed in her national dress, explaining that they wanted the organ for a church in their village back in Ghana. They had never ventured outside London, so this visit to the country was a major event. They joined us for breakfast and we showed our children a map depicting where the organ would eventually go.

The man was built like an ox and he and his wife together were quite happy to lift the instrument and put it in the back of their vehicle.

Funny old life!

By Bob Derham

Remarkable people: Kevin Richardson

Trust is both taught and learnt!

Thanks to Naked Capitalism, we posted an item on the 19th December about an unknown wild-life ranger working in the wildlife refuge area of Lanseria, South Africa.  Here was one of the pictures included in that Post:

The Post finished with an appeal to anyone that knew the name of this Ranger.  Many of you did and responded; thank you!

Read who this Ranger is

Government Spending is like a Hamburger Store

THERE IS ONLY ONE. 100% TAX. BIG GOVERNMENT!

(with apologies to McDonald’s Big Mac packaging)

At times when money is tight and our resources are stretched to the limit, it pays to spend our money wisely.  That is why it makes so much more sense to reduce the costs imposed on private industry instead of increasing spending by government.  Industry takes their earnings and reinvests them to create sustainable wealth creation: they hire and train workers, conduct research, build and perfect machinery and robotics, and develop brand equity and a reputation for quality. All of these endeavors represent lasting value creation. What is spent on these things this year will continue to create revenues, wages, and profits for years to come.

100% Beef (or is it tax!)

Government spending is pure consumption.  Think of a hamburger store.  While it may taste  good at the time, it is temporary and fleeting, and will likely do more harm than good in the end.   It keeps the beast alive for one period, and then the process has to start all over again next period.

When we approve a massive spending bill, it covers government purchases of goods and services for the next year, maybe less.  In one end; out the other, with nothing left to show for it, except a hungry program that needs to be fed again next year, and the next and the next.

Government programs in and of themselves never produce lasting value; only in conjunction with private industry is any wealth or value created. And even then the government purchases have pushed aside, prevented, crowded out, or priced out purchases that would have been made by the private economy.

So, please, keep this in mind whenever you think of any type of government spending or tax increase: it is here today, gone tomorrow.  Oh, and skip the fries!

By Sherry Jarrell

Speechless!

Maybe it’s me but at any level this appears to be very wrong!

Haldeman - Freddie Mac
Williams - Fannie Mae

The US Government put huge amounts of taxpayer’s money into the two huge US Mortgage companies Fannie Mae (Federal National Mortgage Association) and Freddie Mac (Federal Home Loan Mortgage Corporation).

Now the BBC has reported that:

The heads of US mortgage giants Fannie Mae and Freddie Mac may each receive pay packages of up to $6m (£3.7m) for 2009, depending on company performance.

Now I’m not an American nor do I really understand the issues BUT when taxpayers put in $111,000,000,000 of THEIR money into these organisations (that’s $365 for every man, woman and child on the US Census!) and so many of those same US taxpayers are up the proverbial financial creek without a paddle, there has to be a better way of rewarding top bosses (of US publicly owned corporations) than the option of $6,000,000 each!

But the regulator which decided the pay levels said the awards were 40% lower than before the government bailout.

The sums involved reflected the need to attract and retain talent, it argued.

Frankly, I just don’t believe that there aren’t many other incredibly capable business leaders who would do these jobs for a fraction of six million dollars.  (The present incumbents are Michael Williams at Fannie Mae and Charles E. Haldeman Jr. at Freddie Mac who will receive a base of $900,000 in 2010 with the opportunity to earn $5.1 more if “certain targets are met“.)

Read the article here – I’m going to lay down in a dark, quiet room for a while!

By Paul Handover