Daily Archives: October 4, 2007

The Persona, The Mask We Wear, Long Beach

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Do you know where the word person comes from? It was a mask Greek actors wore to interpret a character. That’s a person, you, a role, a character that you play in your daily life.

One great activity everyone should do every evening before going to sleep is reviewing your day. Before you fall into the hands of sleep, mentally go back and review your day, from waking up to the present time. This exercise might seem futile but it actually develops two key strengths, it should make you become more aware of who you are, or the person you portray and it can only improve your memory.

If you mentally go through everything you have done all day, sooner or later you will start to analyze yourself. Don’t go crazy over it. No one is perfect but awareness brought into every moment of your life brings a darn good sense of peace and perfection, IF you don’t drive yourself bats. After practicing seeing your daily events, sooner or later you will question why you acted a certain way. Becoming aware of yourself also means, you will learn how to that person from above, sort of speak. This develops yet another quality, that of observing without getting tangled up in feelings. You will be able eventually to look at yourself without criticism and draw conclusion in a non-emotional way. I don’t know about you but that has brought me the most peace in my life.

Give it a try. Oh the persons we were every day!

More Greenspan, Long Beach

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One thing that is surprising about Greenspan is that he was rather low-key as the head of the Federal Reserves but boy, is he taking the spotlight lately.

With new home sales are barely even making a dent in overgrown inventories, former Federal Reserve Chairman Alan Greenspan said Monday that housing prices would fall. Come again? Is that news? That’s economics 101, even someone like me at my level can grasp. Too many houses on the market, new sales not curbing inventory, means less demand for too much supply means, lowering prices to attract buyers.

So why is he saying all this? Could it be to turn away the attention from other problems? What is Benranke, the current Chairman doing in the meantime?

“”There is little relevant American history to guide us in judging the ultimate extent of home price decline or the timing of a new price recovery… All that I conclude is that the process of inventory adjustment has just started, and we have a long way to go before residential housing and mortgage markets stabilize in the U.S.” U.S. consumer spending would likely remain weak due to reduced household wealth, Greenspan said.” Hum, thanks Allan. Quoting the obvious sure helps.