Confessions of a Laid-off Lawyer

Just Your Average Joe Blogging Away His Debt—In One Year or Less

Posts Tagged ‘Great Recession

What a Long, Strange Trip It’s Been

with 9 comments

Total Black: -$199.61
Total Red: $269,947.74

This is the end.  My only friends.  The end.  Of my elaborate plans.  The end.  Can’t you picture what could’ve been?  So limitless and free.  Desperately in need . . . of some . . . stranger’s hand.  In my desperate land.  It hurts to set you free.  But you’ll never follow me.  This is, after all, the end.    Keep reading . . .

Meet George Jetson

with 10 comments

Total Black: $2,364.76
Total Red: $270,000.16

Talking with Officemate yesterday got me thinking about my plans after clerking.  Officemate will be finishing up soon and moving on to something new.  I feel confident that I’d have the opportunity to continue for a second year here.  Whether I want to and whether I should are two separate considerations.  But I got thinking about my career path.  I don’t know that I have one.  Keep reading . . .

Living Wage

with 8 comments

Total Black: $3,956.23
Total Red: $270,710.31

President Obama signed an extension of unemployment benefits today.  Somehow I missed the news that Congress revived the issue and then passed it.  Last I had heard, Republicans blocked it.  And the media rang its death knell.  While driving home from work today I heard debate on NPR about extending unemployment benefits.  A year ago I was still collecting unemployment.  Keep reading . . .

Lifestyle Changes

with 13 comments

Total Black: $106.99
Total Red: $252,067.04

News alert: the International Monetary Fund wants Americans to change our lifestyles.  In an article in the Wall Street Journal, “IMF Urges U.S. to Consider Higher Taxes, Social Security Cuts,” journalist Tom Barkley reported that the IMF encouraged the U.S. to take strong steps to cure our budget deficits.  “Spending cuts aren’t sufficient, the IMF said, and it suggested a number of politically difficult ways of reducing debt, including eliminating the popular deduction for interest on mortgages, raising energy taxes, reducing Social Security benefits or imposing a national consumption tax.”  C-SPAN reported on its Open Phones program this morning that the IMF’s annual review was a call for lifestyle changes within the US.  So . . . spin or straight-talk?  Keep reading . . .

Freedom From or Freedom To

with 8 comments

Total Black: $543.66
Total Red: $
247,586.31

It’s Emancipation Day here in the U.S. Virgin Islands.  The day Virgin Islanders commemorate the Danish King’s decision to free the slaves of the former Danish West Indies.  A decision forced upon him by the revolt of the slaves on St. Croix back on July 3, 1848.  I had heard about a few events going on today, but I didn’t feel like driving around the island, looking for festivities.  And—frankly—I’m not sure how welcome a white guy would be to some of those festivities.  But I digress; instead I both slept in and stayed in.  And then later tuned in the local PBS channel since some of the local festivities were televised.  But it was an earlier broadcast on that channel, an episode of Life Part 2 on Fighting Ageism, that got me thinking about freedom and emancipation.  Keep reading . . .

Laid-off “Livingston” Lawyer

with 9 comments

Total Black: $6.71
Total Red: $245,625.09

On the drive home this afternoon, I stopped to grab a bite to eat at a local restaurant.  In between swatting mosquitoes and shooing flies I opened a copy of Jonathan Livingston Seagull by Richard Bach and started to reread it.  I know I’ve read it before, but I really couldn’t recall the precise point of the book.  Just the overall gist—some bird who goes against the grain.  Got me thinking about my own situation and debt in general.   Keep reading . . .

Supplemental Day of Accounting

with 4 comments

Total Black: $85.38
Total Red: $243,602.66

Total Red is down from earlier this week—all-time high of $246K.  But it’s up from yesterday’s post: My First Car.  And all numbers are up from my Eleventh Day of Accounting, so I thought perhaps I’d update my numbers before the 10th of the month, especially because of the recent changes to my finances.  An abbreviated version follows below: Keep reading . . .