What Would Jimmy Do?

We visited our grandkids, Locke, Rory and Ellie, a couple of weekends ago. It’s interesting how each generation of kids has different interests. Things that we were fascinated by, or liked, are of little or no interest to the little ones today.

I concluded from one conversation, that money doesn’t have the same meaning to kids that it once did… maybe it doesn’t have any meaning to them now. I can certainly understand why — even us old people don’t think about and handle money the same anymore.
Anyhow, this naturally got me to thinking about money and how it originated and who came up with the idea? 

There are many theories about the origin of money. Money, in some way, shape or form, has been part of human history for at least the last 3,000 years. Many historians believe human beings have used cash currency for maybe 40.000 years. 

First, people bartered — people made direct deals between two parties using desirable objects. Money came along later and its form evolved over time — from natural objects to coins to paper to digital versions. 

Money, in and of itself, may or may not, have actual value: it can be a shell, a metal coin, or a piece of paper — or, something else. Its value depends on the importance that people place on it — as a medium of exchange, a unit of measurement, or a a storehouse for wealth. 

The first region of the world to use an industrial facility to manufacture coins that could be used as currency was in a region of Europe called Lydia (modern-day Western Turkey,) in approximately 600 B.C. The Chinese were the first to devise a system of paper money, in approximately 770 B.C.

Most of the time, the terms “money” and “currency” are used interchangeably, there are several theories that suggest the terms are not identical. According to some theories, money is inherently an intangible concept, while currency is the tangible (physical) manifestation of the intangible concept of money.
The basic form of money is numbers — today, the basic form of currency is paper notes, coins, or plastic cards (credit or debit cards.)

Sometime around 700 – 800 B.C., the Chinese moved from using actual usable objects, such as tools and weapons, as a medium of exchange to using miniature replicas of the same objects that had been cast in bronze. These miniature objects didn’t prove to be practical and the tiny daggers, spades and hoes were eventually abandoned for objects in the shape of a circle. These objects became some of the first coins. Shortly thereafter, the Chinese moved from coins to paper money and they seemed to have a pretty good handle on the money supply and various denominations. It’s interesting that in the place where modern American bills say, “In God We Trust,” the Chinese inscription back then warned — “Those who are counterfeiting will be decapitated.”

So over the years money and/or currency has taken the form of iron, gold, beads, silver, shells and even live animals such as cows. And just in our lifetime more has changed more than we might think… just try offering your grandkids a quarter.
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Well, we all seem to have made it through the 4th safe and sound so we find ourselves in the midst of summer. In case you’re reading this some years from now, you may be interested to know that the President and First Lady hosted a July 4 celebration at the White House yesterday with a barbecue for military families and essential workers. Part of the reason was to celebrate “independence” from the coronavirus as cases continue to fall and vaccinations rise.
Demolition experts took down the rest of the partially collapsed Champlain Towers South condominium in Surfside, Florida yesterday.
Tropical Storm Elsa’s outer bands are forecast to reach into the Florida Keys today.
Dr. Anthony Fauci said Sunday that he would continue wearing a mask in any place that has low coronavirus vaccination rates.
Jeff Bezos formally steps down as CEO of Amazon on Monday.
Pope Francis is recovering after intestinal surgery.
Joey Chestnut won the Nathan’s Famous Fourth of July Hot Dog Eating Contest for the 14th time in 15 years on Sunday, breaking his own record by downing 76 hotdogs in 10 minutes.

And here in Deerfield Village, we’re still enjoying having the porta-potty out front…. we may only have this treat for another week or so. For some of you it’ll be back to work tomorrow, but some of us will just settle in for those lazy, hazy, crazy days of summer….
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Happy Birthday America!!  Americans across the country are ready to celebrate July 4 in a big way, especially since the pandemic pretty much prevented much celebrating last year.

Here in Deerfield Village, looks like things are all set — the porta-potty is prominently on display with a great view from our front yard. And tonight we’ll have the annual fireworks display set off way too near our houses — luckily we got a fair amount of rain the past couple of days, so the fire hazard should only be “moderate,”

Speaking of fireworks, they have been part of our Independence Day celebrations from the start. At the first July 4 celebration in Philadelphia in 1777, Americans fired a cannon 13 times in honor of the original 13 colonies. Thirteen “fireworks” were also fired in the city as part of the celebrations. Revelers in Boston also set off fireworks in 1777. 

The fireworks tradition is probably a hold-over from a tradition of public celebrations in England. Fireworks have always been part of the festivities in England on Guy Fawkes Day, that commemorates a foiled plot to blow up the Houses of Parliament.

The tradition of fireworks in early Independence Day celebrations seem to have stemmed  from a continuation of earlier kinds of political culture — but made more American…
July 4th just wouldn’t be Independence Day without fireworks (and porta-pottys.)
Have a safe and happy 4th.
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Here we are at the start of a long holiday weekend. Of course tomorrow is the big day — July 4th, “America’s Birthday.” The Naional Park Service will host the annual Independence Day fireworks celebration on the National Mall and President Joe Biden is set to host a group of essential workers and military families on the South Lawn of the White House on Sunday. 

The United States commemorates July 4th as its birthday — even though the Declaration of Independence didn’t become official until everyone had signed it in the first part of August. 

Americans began celebrating July 4 the year after the Declaration of Independence was signed. Former President John Adams wrote that July 4, 1777, was celebrated in Philadelphia “with a festivity and ceremony becoming the occasion.”

But July 4 became more widely observed by Americans following the War of 1812. Independence Day became the most important nonreligious holiday for many Americans by the 1870s, and Congress passed a law making Independence Day a federal holiday on June 28, 1870.
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Yesterday, we talked about what happened on July 1, 1776 — the Continental Congress re-convened for the purpose of adopting the Lee Resolution for independence. They didn’t actually get down to business until the following day — today’s day in history, July 2, 1776 

July 2, 1776 is kind of interesting…. Lee’s resolution calling for independence was approved by 12 of the 13 colonies, making it the Continental Congress’ first vote for independence. The formal Declaration of Independence wasn’t adopted until a couple of days later. 

Luckily for us, the colonists found a way to put differences aside and join together to work for a common goal. Sad to say that on this July 2, if Congress had to come together for that common goal of independence, we’d probably all be driving on the left side of the road….
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How do you spell relief? p-o-r-t-a—p-o-t-t-y. For all of those holding their breath in anticipation (including me) — the porta-potty is here!! 
It’s even more beautiful than I remember and this year, its been moved to a more prominent location so we get even a better view. 
America’s birthday is sure to be a success this year….
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Since it’s now July and we’re waiting on the porta-potty, I thought we might talk about what July might have been like in 1776. When the colonies convened a Continental Congress in Philadelphia during the summer of 1776, the conflict between the colonies and England was already a year old. During a June 7 session in the Pennsylvania State House (later named Independence Hall,) Richard Henry Lee of Virginia presented a resolution with these famous words: “Resolved: That these United Colonies are, and of right ought to be, free and independent States, that they are absolved from all allegiance to the British Crown, and that all political connection between them and the State of Great Britain is, and ought to be, totally dissolved.”

Lee’s words were the driving force for the drafting of a formal Declaration of Independence. On June 11, consideration of the resolution was postponed by a vote of seven colonies to five, with New York abstaining. But — a Committee of Five was appointed to draft a statement presenting to the world the colonies’ case for independence

Members of that committee included John Adams of Massachusetts, Roger Sherman of Connecticut, Benjamin Franklin of Pennsylvania, Robert Livingston of New York and Thomas Jefferson of Virginia. The task of drafting the actual document fell on Jefferson.

Then, on this day in history (July 1, 1776) the Continental Congress reconvened. The following day, the Lee Resolution for independence was adopted by 12 of the 13 colonies — New York not voting. 

Discussions of Jefferson’s “Declaration of Independence” resulted in some minor changes, but the spirit of the document was not changed. The process of revision continued all of July 3 and into the late afternoon of July 4, when the Declaration was officially adopted. 

Of the 13 colonies, nine voted in favor of the Declaration, two — Pennsylvania and South Carolina — voted no, Delaware was undecided and New York abstained. John Hancock, President of the Continental Congress, signed the Declaration of Independence first… a famous story says that John Hancock signed his name “with a great flourish” so England’s King George could read it without his spectacles. 
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Here it is July and while I’m getting a little concerned, the countdown for the arrival of the porta-potty is still on — I expect its arrival at any time now.

The July 4 celebration will certainly be different than last year. This year, many/most Americans will not only celebrate not only July 4, but also being able to gather safely after receiving COVID-19 vaccines. The center for Disease Control and Prevention has release guidelines saying fully vaccinated U.S. residents can attend gatherings in homes or other indoor settings without wearing a mask or practicing social distancing.

Keep checking back here on the porta-potty status — I’ll let you know as soon as it arrives.
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A few days ago, someone I know had commented that the minimum wage rate should not be raised. He said (and seemed proud) that the minimum wage when he started to work was only $6.25. I’m not sure what his point was — maybe that if he got by on $6.25, everyone should be able to… or maybe he was making the point that he was so old that the minimum wage was “only” $6.25 back then.

Of course, neither one of those “arguments” holds much water. When I first started to work, I never heard of “minimum wage.” I suppose that when I was young, employers just paid what they considered a fair wage, or just ignored the fact that there was a minimum wage set by law. 

The minimum wage in the United States is set by U.S. labor law and various state and local laws. The first federal minimum wage was created as part of the National Industrial Recovery Act of 1933 and signed into law by President Franklin Roosevelt — however, it was later declared unconstitutional. In 1938, the year I was born, the minimum wage was established at $0.25 and hour by the Fair Labor Standards Act. Over the years, the minimum wage purchasing power peaked in 1968 — at $1.60 an hour.

In 2020, there were 29 states and the District of Columbia with a minimum wage higher than the federal minimum. The latest statistics I could find (May, 2019) indicated that the average amount for minimum wage earners is $11.80.

A report released recently by the Congressional Budget office estimated that incrementally raising the federal minimum wage to $15 an hour by 2025 would benefit 17 million workers, but would also reduce employment by 1.4 million people. It would also lift 0.9 million people our of poverty, possibly raise wages for an additional 10 million workers, cause prices to rise, overall economic output to decrease slightly, and increase the federal budget deficit by $54 billion over the next 10 years. It’s easy to see why this is such a controversial issue. 

I never worked a job that paid minimum wage — I suspect that when I was young, I worked a few jobs paying less than minimum wage. Life is not easy and it seems to be getting more complicated.

I’ve heard it said that the minimum wage should be a living wage and I’ve heard some say that instead of focusing on this sort of defeatist mentality where we’ve gotta up the minimum wage, why don’t we focus on creating better paying jobs? I guess I agree with both statements.
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Well, we’ve passed the Irish Twins birthday for this year and we’re over half way to Christmas, so the the next big celebration is the great American holiday — the 4th of July. The 4th of July, America’s Independence Day, is filled with traditional pageantry… barbecues, hot dogs, picnics, fireworks and porta-potties.

In 2020, things were not normal — we all missed out on a lot of traditions. The pandemic took its toll on all our traditions and holidays. Here on Field Crest Court, it was like a punch in the gut to step out our front door and not be greeted by the porta-potty. We all made sacrifices last year, but for Field Crest Court residents, not having the porta-potty just seemed to add insult to injury.

I’m happy to report that the countdown for the porte-potty’s arrival for this year has started. We should expect delivery any day now and the excitement is building. When the porta-potty arrives, we can look forward to up to 12 to 14 days of enjoying the view.

I’ll let you know when it arrives — needless to say, that’ll be the highlight of the summer….
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