Even An Animal Knows What “Nice” Looks Like

https://dms.licdn.com/playback/C4E05AQEXwbiX36byUQ/6f314daeab1341319aebc2c8785cfb62/feedshare-mp4_500/1479932728445-v0ch3x?e=1522346400&v=alpha&t=suzV4LEFBYh4fyORZJZWxN_ofsYmIQX0Hrk8W2-zj9E

 

 

Neil S. Siskind, Esq., President
The Siskind Law Firm
Tel: 646.530.0006

Neil Siskind is the Founder & Chairman of The Fatherhood Assignment
Neil-Siskind-photo
Learn more at:  http://www.neil-siskind-the-fatherhood-assignment.org/

Neil Siskind is the Conservator of the Neil S. Siskind Nature Preserve
Neil-Siskind-Picture

The Neil S. Siskind Nature Preserve is over 7 acres of environmentally-pristine waterfront land in a magnificent setting along New York’s majestic Hudson River. The Preserve includes a variety of species of animal and plant life, and is a precious example of the thoughtful maintenance of New York’s priceless open spaces. The land’s uses are limited to outdoor recreation such as hiking and climbing, and the study of ecology, nature and land use. The Neil S. Siskind Nature Preserve allows for the intelligent contemplation of our valuable natural resources and the most effective ways to maximize them and keep them protected.

Neil Siskind, Founder, “National Fatherhood Day” – March 29th

Neil-Siskind-pics
To encourage recognition of the needs of boys and girls who are living without fathers or father-figures in their lives.

Read about the non-profits and charities whose missions Neil Siskind supports and promotes: www.neilsiskindsupports.com
Caring is Free®

You can read what clients and associates say about Neil Siskind at: http://siskindlawfirm.com/neil-siskind-bio/.

Neil Siskind’s Volunteer Work:

– Memorial Sloan Kettering Cancer Center, Volunteer

– Memorial Sloan Kettering Cancer Center, My Fundraiser- Help Neil Siskindhelp children with cancer to be more comfortable: http://mskcc.convio.net/site/TR?px=3182108&fr_id=2632&pg=personal

– Make-A Wish Foundation- Help Neil Siskind make sick children’s wishes come true by creating your own fundraiser: Neil-Siskind/Help-Make-A-Child-Smile.htm

– DonorsChoose.org- Donate to one of my needy public classrooms: http://www.donorschoose.org/NeilSiskindGiving

– Champion Children– We seek to inspire people through stories of children who have overcome challenges: http://siskindlawfirm.com/neil-siskind-champion-children/


Neil Siskind’s Pro Bono
 Work:

– Saving Senior Citizens- Protecting New York’s senior citizens from fraud and financial abuse www.savingseniorcitizens.com

– Senior FreeStart Business– Pro Bono: We seek to help put senior citizens in the right direction so that they can face the challenges of the modern economy: http://siskindlawfirm.com/free-start-business/

– Veteran FreeStart Business– Pro Bono: We seek to help put Iraq and Afghanistan war veterans in the right direction so that they can face the challenges of the modern economy: http://siskindlawfirm.com/free-start-business/

– In development: The Neil S. Siskind School of Hope: A free school to teach inner-city youths the skills of entrepreneurship and importance of economic self-sufficiency.

Neil Siskind’s Government Work:

– Suffolk County District Attorney’s Office, Boston, MA, 1994, Intern
– Office of Senator Christopher J. Dodd, Newington, CT, 1992, Intern
– Hartford County Department of Probation, Hartford, CT, 1991, Intern

Neil Siskind’s Community Assistance:

Financed & operated a legal clinic providing low-cost legal services to struggling Long Islanders during the recession to help clients resolve debt, organize finances, and launch new businesses.

Neil Siskind’s Professional Curriculum Vitae: http://neilsiskind.com/

Sponsored Advertisements

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Brick & Mortar Stores Must Look At This In Reverse- by NEIL SISKIND

If people are preferring to shop online (or if they clearly will prefer such in the near future), then that is the base case where brick & mortar needs to begin the analysis of relevance and use.

Brick & mortar stores have to ask 2 questions:

  1. When and why and who would rather shop in a brick & mortar store?
  2. When would most everyone want to shop in a brick & mortar store?

The answer to number one is: (a) An older consumer; (b) a hungry consumer; and (c) a consumer who wants to make an immediate purchase and make sure it’s the right one.

The answer to number to number 2 is: (a) When a consumer is hungry; and (b) when a consumer must have something immediately and correctly.

From there, brick & mortar stores can determine if their brick & mortar store is needed, for whom, and how to set that up. If one or more of those questions can’t be answered, clearly and realistically, for a brick & mortar retailer, that brick & mortar retailers is wasting its time and money by existing.

Brick & mortar stores need to begin their analyses as if e-commerce came first- not them- and then determine if and how its brick & mortar option is truly needed in such an environment.

 

 

Neil S. Siskind, Esq., President
The Siskind Law Firm
Tel: 646.530.0006

Neil Siskind is the Founder & Chairman of The Fatherhood Assignment
Neil-Siskind-photo
Learn more at:  http://www.neil-siskind-the-fatherhood-assignment.org/

Neil Siskind is the Conservator of the Neil S. Siskind Nature Preserve
Neil-Siskind-Picture

The Neil S. Siskind Nature Preserve is over 7 acres of environmentally-pristine waterfront land in a magnificent setting along New York’s majestic Hudson River. The Preserve includes a variety of species of animal and plant life, and is a precious example of the thoughtful maintenance of New York’s priceless open spaces. The land’s uses are limited to outdoor recreation such as hiking and climbing, and the study of ecology, nature and land use. The Neil S. Siskind Nature Preserve allows for the intelligent contemplation of our valuable natural resources and the most effective ways to maximize them and keep them protected.

Neil Siskind, Founder, “National Fatherhood Day” – March 29th

Neil-Siskind-pics
To encourage recognition of the needs of boys and girls who are living without fathers or father-figures in their lives.

Read about the non-profits and charities whose missions Neil Siskind supports and promotes: www.neilsiskindsupports.com
Caring is Free®

You can read what clients and associates say about Neil Siskind at: http://siskindlawfirm.com/neil-siskind-bio/.

Neil Siskind’s Volunteer Work:

– Memorial Sloan Kettering Cancer Center, Volunteer

– Memorial Sloan Kettering Cancer Center, My Fundraiser- Help Neil Siskindhelp children with cancer to be more comfortable: http://mskcc.convio.net/site/TR?px=3182108&fr_id=2632&pg=personal

– Make-A Wish Foundation- Help Neil Siskind make sick children’s wishes come true by creating your own fundraiser: Neil-Siskind/Help-Make-A-Child-Smile.htm

– DonorsChoose.org- Donate to one of my needy public classrooms: http://www.donorschoose.org/NeilSiskindGiving

– Champion Children– We seek to inspire people through stories of children who have overcome challenges: http://siskindlawfirm.com/neil-siskind-champion-children/


Neil Siskind’s Pro Bono
 Work:

– Saving Senior Citizens- Protecting New York’s senior citizens from fraud and financial abuse www.savingseniorcitizens.com

– Senior FreeStart Business– Pro Bono: We seek to help put senior citizens in the right direction so that they can face the challenges of the modern economy: http://siskindlawfirm.com/free-start-business/

– Veteran FreeStart Business– Pro Bono: We seek to help put Iraq and Afghanistan war veterans in the right direction so that they can face the challenges of the modern economy: http://siskindlawfirm.com/free-start-business/

– In development: The Neil S. Siskind School of Hope: A free school to teach inner-city youths the skills of entrepreneurship and importance of economic self-sufficiency.

Neil Siskind’s Government Work:

– Suffolk County District Attorney’s Office, Boston, MA, 1994, Intern
– Office of Senator Christopher J. Dodd, Newington, CT, 1992, Intern
– Hartford County Department of Probation, Hartford, CT, 1991, Intern

Neil Siskind’s Community Assistance:

Financed & operated a legal clinic providing low-cost legal services to struggling Long Islanders during the recession to help clients resolve debt, organize finances, and launch new businesses.

Neil Siskind’s Professional Curriculum Vitae: http://neilsiskind.com/

Sponsored Advertisements

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Were It Not For Tax Cuts, We’d Be in Recession- by NEIL SISKIND

Interest rates are rising while wages are stagnant. Consumer spending and home buying can hardly thrive in such an environment.

If there was no fiscal stimulus, and the expectations of resulting growth, we’d surely be in recession.

I’m not suggesting that the tax cuts saved the economy- in the long run; I’m just explaining why expectations have remained positive in the face of stagnant wages and higher costs of capital for businesses and consumers due to Fed actions.

On the other hand, based on Chairman Powell’s comments indicating concern about fiscal stimulus leading to wage inflation and/or demand side inflation, the Fed may have turned less hawkish due to wage and retail weakness if the fiscal stimulus had not taken place, making the tax cuts less imperitive.

But, on the other hand (I’m no economist, but I can still have 3 hands), the Fed was already hawkish- at least in terms of its plan to normalize its balance sheet- long before the new tax plan was passed.

Let’s see if the trickle down from tax cuts and cap-ex expensing in the form of raises, cap ex- related job growth, and upper-end consumer spending (that creates jobs and opportunities in the places they spend their increased incomes) happens. The expectation of this, in addition to across the board income tax cuts, are what is keeping consumers spending- so far. Businesses need to do the spending, though (on cap-ex and wages). The supply side must stimulate the demand side.

As interest rates rise due to government policies, we must have wage growth to have sustainable spending growth (in goods, services, and housing).

 

 

Neil S. Siskind, Esq., President
The Siskind Law Firm
Tel: 646.530.0006

Neil Siskind is the Founder & Chairman of The Fatherhood Assignment
Neil-Siskind-photo
Learn more at:  http://www.neil-siskind-the-fatherhood-assignment.org/

Neil Siskind is the Conservator of the Neil S. Siskind Nature Preserve
Neil-Siskind-Picture

The Neil S. Siskind Nature Preserve is over 7 acres of environmentally-pristine waterfront land in a magnificent setting along New York’s majestic Hudson River. The Preserve includes a variety of species of animal and plant life, and is a precious example of the thoughtful maintenance of New York’s priceless open spaces. The land’s uses are limited to outdoor recreation such as hiking and climbing, and the study of ecology, nature and land use. The Neil S. Siskind Nature Preserve allows for the intelligent contemplation of our valuable natural resources and the most effective ways to maximize them and keep them protected.

Neil Siskind, Founder, “National Fatherhood Day” – March 29th

Neil-Siskind-pics
To encourage recognition of the needs of boys and girls who are living without fathers or father-figures in their lives.

Read about the non-profits and charities whose missions Neil Siskind supports and promotes: www.neilsiskindsupports.com
Caring is Free®

You can read what clients and associates say about Neil Siskind at: http://siskindlawfirm.com/neil-siskind-bio/.

Neil Siskind’s Volunteer Work:

– Memorial Sloan Kettering Cancer Center, Volunteer

– Memorial Sloan Kettering Cancer Center, My Fundraiser- Help Neil Siskindhelp children with cancer to be more comfortable: http://mskcc.convio.net/site/TR?px=3182108&fr_id=2632&pg=personal

– Make-A Wish Foundation- Help Neil Siskind make sick children’s wishes come true by creating your own fundraiser: Neil-Siskind/Help-Make-A-Child-Smile.htm

– DonorsChoose.org- Donate to one of my needy public classrooms: http://www.donorschoose.org/NeilSiskindGiving

– Champion Children– We seek to inspire people through stories of children who have overcome challenges: http://siskindlawfirm.com/neil-siskind-champion-children/


Neil Siskind’s Pro Bono
 Work:

– Saving Senior Citizens- Protecting New York’s senior citizens from fraud and financial abuse www.savingseniorcitizens.com

– Senior FreeStart Business– Pro Bono: We seek to help put senior citizens in the right direction so that they can face the challenges of the modern economy: http://siskindlawfirm.com/free-start-business/

– Veteran FreeStart Business– Pro Bono: We seek to help put Iraq and Afghanistan war veterans in the right direction so that they can face the challenges of the modern economy: http://siskindlawfirm.com/free-start-business/

– In development: The Neil S. Siskind School of Hope: A free school to teach inner-city youths the skills of entrepreneurship and importance of economic self-sufficiency.

Neil Siskind’s Government Work:

– Suffolk County District Attorney’s Office, Boston, MA, 1994, Intern
– Office of Senator Christopher J. Dodd, Newington, CT, 1992, Intern
– Hartford County Department of Probation, Hartford, CT, 1991, Intern

Neil Siskind’s Community Assistance:

Financed & operated a legal clinic providing low-cost legal services to struggling Long Islanders during the recession to help clients resolve debt, organize finances, and launch new businesses.

Neil Siskind’s Professional Curriculum Vitae: http://neilsiskind.com/

Sponsored Advertisements

Inventors, IP Owners, Manufacturers
Learn How To Bring Products To Market And To Expand Your Distribution Channels
The Complete Guide To The Ways To Manufacture & Sell Your Products

What In The World Are Stormy Daniels And Her Lawyer Doing?

Daniels’ lawyer keeps trying to prove there was a sexual encounter between Daniels and Donald Trump. Who cares? President Trump isn’t even denying it anymore- and if he is- who cares? Daniels is breaching a non-disclosure agreement every single day, more and more. That is all that matters now. Daniels, by keeping this up, is just on the road to ruining her life- including her financial, moral, and spiritual lives- with her lawyer’s help.

 

Neil S. Siskind, Esq., President
The Siskind Law Firm
Tel: 646.530.0006

Neil Siskind is the Founder & Chairman of The Fatherhood Assignment
Neil-Siskind-photo
Learn more at:  http://www.neil-siskind-the-fatherhood-assignment.org/

Neil Siskind is the Conservator of the Neil S. Siskind Nature Preserve
Neil-Siskind-Picture

The Neil S. Siskind Nature Preserve is over 7 acres of environmentally-pristine waterfront land in a magnificent setting along New York’s majestic Hudson River. The Preserve includes a variety of species of animal and plant life, and is a precious example of the thoughtful maintenance of New York’s priceless open spaces. The land’s uses are limited to outdoor recreation such as hiking and climbing, and the study of ecology, nature and land use. The Neil S. Siskind Nature Preserve allows for the intelligent contemplation of our valuable natural resources and the most effective ways to maximize them and keep them protected.

Neil Siskind, Founder, “National Fatherhood Day” – March 29th

Neil-Siskind-pics
To encourage recognition of the needs of boys and girls who are living without fathers or father-figures in their lives.

Read about the non-profits and charities whose missions Neil Siskind supports and promotes: www.neilsiskindsupports.com
Caring is Free®

You can read what clients and associates say about Neil Siskind at: http://siskindlawfirm.com/neil-siskind-bio/.

Neil Siskind’s Volunteer Work:

– Memorial Sloan Kettering Cancer Center, Volunteer

– Memorial Sloan Kettering Cancer Center, My Fundraiser- Help Neil Siskindhelp children with cancer to be more comfortable: http://mskcc.convio.net/site/TR?px=3182108&fr_id=2632&pg=personal

– Make-A Wish Foundation- Help Neil Siskind make sick children’s wishes come true by creating your own fundraiser: Neil-Siskind/Help-Make-A-Child-Smile.htm

– DonorsChoose.org- Donate to one of my needy public classrooms: http://www.donorschoose.org/NeilSiskindGiving

– Champion Children– We seek to inspire people through stories of children who have overcome challenges: http://siskindlawfirm.com/neil-siskind-champion-children/


Neil Siskind’s Pro Bono
 Work:

– Saving Senior Citizens- Protecting New York’s senior citizens from fraud and financial abuse www.savingseniorcitizens.com

– Senior FreeStart Business– Pro Bono: We seek to help put senior citizens in the right direction so that they can face the challenges of the modern economy: http://siskindlawfirm.com/free-start-business/

– Veteran FreeStart Business– Pro Bono: We seek to help put Iraq and Afghanistan war veterans in the right direction so that they can face the challenges of the modern economy: http://siskindlawfirm.com/free-start-business/

– In development: The Neil S. Siskind School of Hope: A free school to teach inner-city youths the skills of entrepreneurship and importance of economic self-sufficiency.

Neil Siskind’s Government Work:

– Suffolk County District Attorney’s Office, Boston, MA, 1994, Intern
– Office of Senator Christopher J. Dodd, Newington, CT, 1992, Intern
– Hartford County Department of Probation, Hartford, CT, 1991, Intern

Neil Siskind’s Community Assistance:

Financed & operated a legal clinic providing low-cost legal services to struggling Long Islanders during the recession to help clients resolve debt, organize finances, and launch new businesses.

Neil Siskind’s Professional Curriculum Vitae: http://neilsiskind.com/

Sponsored Advertisements

Inventors, IP Owners, Manufacturers
Learn How To Bring Products To Market And To Expand Your Distribution Channels
The Complete Guide To The Ways To Manufacture & Sell Your Products

The Fed’s Mixed-Message On Housing- by NEIL SISKIND

Chairwoman Janet Yellen always conceded that there are asset bubbles. Alan Greenspan acknowledged asset bubbles.

Chairman Powell says he sees no housing bubble. That is almost an affirmation of the existence of one. Mortgage costs are higher, and incomes are stagnant- and a weakening dollar will bring real incomes even lower. Powell and the Fed are raising interest rates while expressing confusion as to why there is no wage growth. Yet, the Fed is determined to normalize its balance sheet and raise interest rates, or cause them to rise, on all ends of the curve, without any real signs of inflation.

The Fed must be targeting assets- and is either wrong or naive on housing.

If the Fed does not see housing risk based on today’s prices while incomes are stuck and interest rates rise, then the Fed is simply mistaken- or does not want to scare the market. But there is no way that high housing prices can be rationalized in an economy with stagnant wages. Stagnant incomes, academically, are in direct conflict with growing home prices. If Powell announces a bubble, it become a bubble- and a selloff, especially since the Fed controls the capital used for housing (i.e. interest rates). It becomes a self-fulfilling prophecy if the Fed says it, and could take down the economy.

As for Powell’s comments, I’d suggest not taking real estate advice from an economist (well, technically, a lawyer). Anyhow, if you want to check the Fed’s record on housing expertise- just see 2006-2007.

 

Neil S. Siskind, Esq., President
The Siskind Law Firm
Tel: 646.530.0006

Neil Siskind is the Founder & Chairman of The Fatherhood Assignment
Neil-Siskind-photo
Learn more at:  http://www.neil-siskind-the-fatherhood-assignment.org/

Neil Siskind is the Conservator of the Neil S. Siskind Nature Preserve
Neil-Siskind-Picture

The Neil S. Siskind Nature Preserve is over 7 acres of environmentally-pristine waterfront land in a magnificent setting along New York’s majestic Hudson River. The Preserve includes a variety of species of animal and plant life, and is a precious example of the thoughtful maintenance of New York’s priceless open spaces. The land’s uses are limited to outdoor recreation such as hiking and climbing, and the study of ecology, nature and land use. The Neil S. Siskind Nature Preserve allows for the intelligent contemplation of our valuable natural resources and the most effective ways to maximize them and keep them protected.

Neil Siskind, Founder, “National Fatherhood Day” – March 29th

Neil-Siskind-pics
To encourage recognition of the needs of boys and girls who are living without fathers or father-figures in their lives.

Read about the non-profits and charities whose missions Neil Siskind supports and promotes: www.neilsiskindsupports.com
Caring is Free®

You can read what clients and associates say about Neil Siskind at: http://siskindlawfirm.com/neil-siskind-bio/.

Neil Siskind’s Volunteer Work:

– Memorial Sloan Kettering Cancer Center, Volunteer

– Memorial Sloan Kettering Cancer Center, My Fundraiser- Help Neil Siskindhelp children with cancer to be more comfortable: http://mskcc.convio.net/site/TR?px=3182108&fr_id=2632&pg=personal

– Make-A Wish Foundation- Help Neil Siskind make sick children’s wishes come true by creating your own fundraiser: Neil-Siskind/Help-Make-A-Child-Smile.htm

– DonorsChoose.org- Donate to one of my needy public classrooms: http://www.donorschoose.org/NeilSiskindGiving

– Champion Children– We seek to inspire people through stories of children who have overcome challenges: http://siskindlawfirm.com/neil-siskind-champion-children/


Neil Siskind’s Pro Bono
 Work:

– Saving Senior Citizens- Protecting New York’s senior citizens from fraud and financial abuse www.savingseniorcitizens.com

– Senior FreeStart Business– Pro Bono: We seek to help put senior citizens in the right direction so that they can face the challenges of the modern economy: http://siskindlawfirm.com/free-start-business/

– Veteran FreeStart Business– Pro Bono: We seek to help put Iraq and Afghanistan war veterans in the right direction so that they can face the challenges of the modern economy: http://siskindlawfirm.com/free-start-business/

– In development: The Neil S. Siskind School of Hope: A free school to teach inner-city youths the skills of entrepreneurship and importance of economic self-sufficiency.

Neil Siskind’s Government Work:

– Suffolk County District Attorney’s Office, Boston, MA, 1994, Intern
– Office of Senator Christopher J. Dodd, Newington, CT, 1992, Intern
– Hartford County Department of Probation, Hartford, CT, 1991, Intern

Neil Siskind’s Community Assistance:

Financed & operated a legal clinic providing low-cost legal services to struggling Long Islanders during the recession to help clients resolve debt, organize finances, and launch new businesses.

Neil Siskind’s Professional Curriculum Vitae: http://neilsiskind.com/

Sponsored Advertisements

Inventors, IP Owners, Manufacturers
Learn How To Bring Products To Market And To Expand Your Distribution Channels
The Complete Guide To The Ways To Manufacture & Sell Your Products

PPI Inflation Without CPI And PCE Inflation- by NEIL SISKIND

As the PPI increases, no matter how hot, means little without consequential CPI or CPE increases. Even more to the point, wholesale price increases that businesses lack the ability to pass-through to the consumer because of consumer resistance and/or consumer inability to absorb into their household expense structures are not only not inflationary … but are damaging to businesses- and are “de”-flationary. Not only would this kind of inflation not lead to wage inflation, hot input and wholesale costs- sans pricing power- would lead to layoffs. Further, any such growing business expense could eat into tax-rate cut benefits, and any trickle down affects from otherwise projected earnings growth, could evaporate, in whole, or in part.

The Fed looks more toward the PCE index[1] than PPI or CPI, to evaluate inflation pressures. But, if in doing this, the Fed overlooks the PPI pressures on businesses, it could cause a sever problems. If the Fed sees little to no PCE pressures, it can assume the economy is operating well. In such case, it could refrain from rate hikes- which could send commodities prices even higher. This could be problematic because businesses may be suffering from higher costs that are going unrecognized- but the Fed is trying to not harm the consumer or home-buyer. In such case, the supply-side may eventually affect the demand side (i.e. job losses). So, what can the Fed do in such a case? Nothing, if the cause of higher commodities is a weaker dollar or fiscal stimulus or tariffs- rather than organic demand. Rate hikes to affect commodities prices would be a big mistake. It would hurt the consumer, who already has a stagnant wage. Also, if there are asset bubbles, or deficits (both are the present case), rate hikes may be in order. Thus, any big divergence between the PCE or CPI and the PPI, if business costs rise, but consumer costs do not,  creates a whole host of problems for the supply-side- and, eventually, for the demand side, and, therefore, for the Fed. But- if PPI increases are demand driven- and prices can pass through to consumers- then rate hikes are in order. But, almost by definition, with stagnant wages, such prices can not be passed-on.

If there is little to no PPI pressure, then the Fed should not be hiking rates unless for reasons unrelated to inflation, such as due to asset bubbles, deficits, balance sheet normalization, or- most importantly the prospect of future inflation. One or moore of these reasons appear to be the cause(s) of the place the Fed, and all of us, are in, today.

________________________________________________

1]  The PCE is a better indicator of whether businesses can pass costs through than is the CPI index, and is also a better indicator of actual, real time, behaviors than the CPI. The PCE includes certain health care costs (employer insurance, Medicare, Medicaid). The CPI does not.

 

 

Neil S. Siskind, Esq., President
The Siskind Law Firm
Tel: 646.530.0006

Neil Siskind is the Founder & Chairman of The Fatherhood Assignment
Neil-Siskind-photo
Learn more at:  http://www.neil-siskind-the-fatherhood-assignment.org/

Neil Siskind is the Conservator of the Neil S. Siskind Nature Preserve
Neil-Siskind-Picture

The Neil S. Siskind Nature Preserve is over 7 acres of environmentally-pristine waterfront land in a magnificent setting along New York’s majestic Hudson River. The Preserve includes a variety of species of animal and plant life, and is a precious example of the thoughtful maintenance of New York’s priceless open spaces. The land’s uses are limited to outdoor recreation such as hiking and climbing, and the study of ecology, nature and land use. The Neil S. Siskind Nature Preserve allows for the intelligent contemplation of our valuable natural resources and the most effective ways to maximize them and keep them protected.

Neil Siskind, Founder, “National Fatherhood Day” – March 29th

Neil-Siskind-pics
To encourage recognition of the needs of boys and girls who are living without fathers or father-figures in their lives.

Read about the non-profits and charities whose missions Neil Siskind supports and promotes: www.neilsiskindsupports.com
Caring is Free®

You can read what clients and associates say about Neil Siskind at: http://siskindlawfirm.com/neil-siskind-bio/.

Neil Siskind’s Volunteer Work:

– Memorial Sloan Kettering Cancer Center, Volunteer

– Memorial Sloan Kettering Cancer Center, My Fundraiser- Help Neil Siskindhelp children with cancer to be more comfortable: http://mskcc.convio.net/site/TR?px=3182108&fr_id=2632&pg=personal

– Make-A Wish Foundation- Help Neil Siskind make sick children’s wishes come true by creating your own fundraiser: Neil-Siskind/Help-Make-A-Child-Smile.htm

– DonorsChoose.org- Donate to one of my needy public classrooms: http://www.donorschoose.org/NeilSiskindGiving

– Champion Children– We seek to inspire people through stories of children who have overcome challenges: http://siskindlawfirm.com/neil-siskind-champion-children/


Neil Siskind’s Pro Bono
 Work:

– Saving Senior Citizens- Protecting New York’s senior citizens from fraud and financial abuse www.savingseniorcitizens.com

– Senior FreeStart Business– Pro Bono: We seek to help put senior citizens in the right direction so that they can face the challenges of the modern economy: http://siskindlawfirm.com/free-start-business/

– Veteran FreeStart Business– Pro Bono: We seek to help put Iraq and Afghanistan war veterans in the right direction so that they can face the challenges of the modern economy: http://siskindlawfirm.com/free-start-business/

– In development: The Neil S. Siskind School of Hope: A free school to teach inner-city youths the skills of entrepreneurship and importance of economic self-sufficiency.

Neil Siskind’s Government Work:

– Suffolk County District Attorney’s Office, Boston, MA, 1994, Intern
– Office of Senator Christopher J. Dodd, Newington, CT, 1992, Intern
– Hartford County Department of Probation, Hartford, CT, 1991, Intern

Neil Siskind’s Community Assistance:

Financed & operated a legal clinic providing low-cost legal services to struggling Long Islanders during the recession to help clients resolve debt, organize finances, and launch new businesses.

Neil Siskind’s Professional Curriculum Vitae: http://neilsiskind.com/

Sponsored Advertisements

Inventors, IP Owners, Manufacturers
Learn How To Bring Products To Market And To Expand Your Distribution Channels
The Complete Guide To The Ways To Manufacture & Sell Your Products

President Trump’s Attackers- Low People

What kind of person has an intimate affair with someone and then tells the whole world about it … and all the details of it? What kind of people do such things? What kind of woman tells the world with whom she had sex, and when, and where, and how? What kind of woman has sex with a man who has children and then tells everyone? This is really, really low behavior. Not a care for people, not a care for children, not a care for families. Only selfishness.

And Don Lemon and Anderson Cooper have dedicated their sad lives, night after night, to helping these private and personal stories be told. What great careers. Such over-achievers. Everyone knows they just want to tell scandalous and sensational and sexual stories to make money. They try hard to play some self-righteous, holier-than-thou roles about it. Is it holy, Anderson, that I can’t let my nieces watch the CNN news because you talk about smut every night?

Why did these woman (allegedly) take Donald Trump’s money? If a decent person asks another decent person to maintain a private matter as private- the other decent person says, “Of course”. But these woman said, “Sure- if you gimme $150,000.00”.

Why did these women take money to keep a confidential matter confidential? What kind of person does that? I have never seen that done in my entire personal life. Low people violate private matters between two people. The Internet has proved that. And low people also agree not to do so- but only if you give them money.

What happened to woman having discretion, decency, courtesy, class, humility, sensitivity? I’m not here to defend Donald Trump. I’m here to defend what my nieces have to be exposed to on television, and what they may see as examples of behavior- woman publicizing very personal, consensual, and intimate relations with another human being.

I wonder how Don Lemon and Anderson Cooper will feel if people with whom they have had sex decide to call FOX News to tell their stories … in detail. Is anyone sensitive to anyone else anymore? Or only to their own Stormy selves?

The Yield Curve May Be Faking You Out- by NEIL SISKIND

The Fed’s “quantitative tightening” program (herein, “QT”), plus, the Federal government’ financing of spending and tax cuts with Treasury auctions- may be pushing bond prices down and yields up- even if ever so slightly.

So, we may, at least in sentiment, be even flatter than we look.

Rates might be lower- and the curve flatter- were it not “but-for” past and future Treasury auctions and QT. To say that significant government actions and interventions, from the monetary (the Fed) and the fiscal (the Treasury) sides, are not affecting the economy or interest rates or the yield curve, I think would be foolhardy and naive.

Moreover-

Domestic, international, institutional, individual, and sovereign investors may be refraining from bond purchases because of the expectation of future QT and the expectation of future Treasury auctions, and a resulting government-caused “ceiling” on prices pushing bond prices even lower. Of course, yield is attractive, but only to the degree that principal is not more greatly depleted.

Even as longer term bond yields have gone slightly lower as of late- investors still may be operating with the expectation that they may be subject to a “floor” on yields that prevents further bond buying which would, otherwise, be occurring.

Thus, maybe the yield curve would be flat – or inverted – today “but-for” artificial government stimuli pushing prices lower, along with investors’ concerns and responses thereto. How can it be legitimately guaranteed that a combination of actions by The Treasury, The Federal Reserve and expectations thereabout on the part of institutions, individuals, and nations, has no affect on financial outcomes- including the shape of the yield curve. Clearly, that’s impossible.

If interest rates are rising, solely, or primarily, due to government interventions, and the resulting expectation and concerns, sans inflation, especially sans income growth … this would not be good. The dollar may be weak because it knows this truth- which causes real incomes to be even lower, and commodities, such as oil and gas, to cost more in real terms- as rates rise … all sans wage growth (and now, potentially, sans continued jobs growth, too- per the March jobs report).

Chairman Powell says he sees no housing bubble. That is almost an affirmation of the existence of one. Mortgage costs are higher, and incomes are stagnant- and a weakening dollar will bring real incomes even lower. Powell and the Fed are raising interest rates while expressing confusion as to why there is no wage growth. Yet, the Fed is determined to normalize its balance sheet and raise interest rates, or cause them to rise, on all ends of the curve, without any real signs of inflation.

If the Fed does not see housing risk based on today’s prices while incomes are stuck and interest rates rise, then the Fed is simply mistaken- or does not want to scare the market. But there is no way that high housing prices can be rationalized in an economy with stagnant wages. Stagnant incomes, academically, are in direct conflict with growing home prices. If Powell announces a bubble, it becomes a bubble- and causes a selloff, especially since the Fed controls the capital used for housing (i.e. interest rates). It becomes a self-fulfilling prophecy if the Fed says it, and could take down the economy.

As for Powell’s comments, I’d suggest not taking real estate advice from an economist (well, technically, a lawyer). Anyhow, if you want to check the Fed’s record on housing expertise- just see 2006-2007.

If the aforesaid, is, in fact, accurate about interest rates and the yield curve, let’s hope supply-side tax cuts trickle down in the form of business owners and corporations spending their extra monies, and that capital expenditures trickle down in the form of higher wages due to the need for labor. Interest rates hikes without wage growth can’t be good unless the trickle of supply-side tax cuts is really more of a “gusher”, and new opportunities, thus, arise for more workers and entrepreneurs. Without higher incomes for the demand side, even growth from business spending on cap-ex and higher income consumers on good s and services (i.e. the supply side) will be- ultimately- fruitless.

Were in not for fiscal stimulus, the Fed would not even be concerned with the prospect of inflation, rates might be lower (or at least not going much higher), and the yield curve could have flattened or inverted by now (if not prevented from doing so prevented by the artificial input of QT). Growth and inflation would both have likely been halted. It remains to be seen how the fiscal stimulus plays-out.

Employment is low, but wages are not rising. The Fed is standing-pat on its “Phillips-Curve” position that inflation is inevitable (even while Chairman Powell has expressed concern about the trickle down affect of the tax cuts- which, of course, is contradictory). The fact is that large companies, while hiring, are not replacing the wages of the better paying jobs they are replacing. From pizza shops to hardware stores, from liquor stores to clothing stores, from signage stores to cleaning companies- large companies have decimated Main Street jobs. The people who get new jobs in large companies have to work more and make less. For example, a hardware store employee or owner who wants to stay in the hardware industry has to go work at Home Depot at a lower wage and longer hours then his assistant manager job at a local store. The growth of large companies that are getting larger and taking market share from smaller retailers due to their better prices derived from their enormous scale is why the jobs are there- but the wages stink. The data speaks for itself.

The market is also still whispering about China potentially sell significant amounts of  U.S. bonds (which I doubt), causing investor trepidation. It could, actually, be the opposite. In an effort to keep our consumer spending, China could buy, and presently be buying, U.S. bonds (which would also be a “governmental” intervention, by a different government, in bonds and yields). But, this perception could be scaring bond investors into cash.

Despite Fed rate hikes and the expectation, nay, the promise of more to come … along with QT, the dollar remains weak.

I’m not suggesting that growth is impossible. But it must be organic- there must be consumer/employee participation through income growth. There must be demand side growth and not just EPS growth due to buybacks and cap-ex spending that may find little demand side customers, post the cap-ex investments. GDP should be looked at closely to determine why consumer spending and business spending is higher, and in what industries growth is being realized. There are stories below the numbers. How much growth is from government spending?

The yield curve always speaketh loudly, yet, it may be getting stifled by government interventions, to some degree.

Watch the dollar. George Washington never tells a lie.

 

Neil S. Siskind, Esq., President
The Siskind Law Firm
Tel: 646.530.0006

Neil Siskind is the Founder & Chairman of The Fatherhood Assignment
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Learn more at:  http://www.neil-siskind-the-fatherhood-assignment.org/

Neil Siskind is the Conservator of the Neil S. Siskind Nature Preserve
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The Neil S. Siskind Nature Preserve is over 7 acres of environmentally-pristine waterfront land in a magnificent setting along New York’s majestic Hudson River. The Preserve includes a variety of species of animal and plant life, and is a precious example of the thoughtful maintenance of New York’s priceless open spaces. The land’s uses are limited to outdoor recreation such as hiking and climbing, and the study of ecology, nature and land use. The Neil S. Siskind Nature Preserve allows for the intelligent contemplation of our valuable natural resources and the most effective ways to maximize them and keep them protected.

Neil Siskind, Founder, “National Fatherhood Day” – March 29th

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To encourage recognition of the needs of boys and girls who are living without fathers or father-figures in their lives.

Read about the non-profits and charities whose missions Neil Siskind supports and promotes: www.neilsiskindsupports.com
Caring is Free®

You can read what clients and associates say about Neil Siskind at: http://siskindlawfirm.com/neil-siskind-bio/.

Neil Siskind’s Volunteer Work:

– Memorial Sloan Kettering Cancer Center, Volunteer

– Memorial Sloan Kettering Cancer Center, My Fundraiser- Help Neil Siskindhelp children with cancer to be more comfortable: http://mskcc.convio.net/site/TR?px=3182108&fr_id=2632&pg=personal

– Make-A Wish Foundation- Help Neil Siskind make sick children’s wishes come true by creating your own fundraiser: Neil-Siskind/Help-Make-A-Child-Smile.htm

– DonorsChoose.org- Donate to one of my needy public classrooms: http://www.donorschoose.org/NeilSiskindGiving

– Champion Children– We seek to inspire people through stories of children who have overcome challenges: http://siskindlawfirm.com/neil-siskind-champion-children/


Neil Siskind’s Pro Bono
 Work:

– Saving Senior Citizens- Protecting New York’s senior citizens from fraud and financial abuse www.savingseniorcitizens.com

– Senior FreeStart Business– Pro Bono: We seek to help put senior citizens in the right direction so that they can face the challenges of the modern economy: http://siskindlawfirm.com/free-start-business/

– Veteran FreeStart Business– Pro Bono: We seek to help put Iraq and Afghanistan war veterans in the right direction so that they can face the challenges of the modern economy: http://siskindlawfirm.com/free-start-business/

– In development: The Neil S. Siskind School of Hope: A free school to teach inner-city youths the skills of entrepreneurship and importance of economic self-sufficiency.

Neil Siskind’s Government Work:

– Suffolk County District Attorney’s Office, Boston, MA, 1994, Intern
– Office of Senator Christopher J. Dodd, Newington, CT, 1992, Intern
– Hartford County Department of Probation, Hartford, CT, 1991, Intern

Neil Siskind’s Community Assistance:

Financed & operated a legal clinic providing low-cost legal services to struggling Long Islanders during the recession to help clients resolve debt, organize finances, and launch new businesses.

Neil Siskind’s Professional Curriculum Vitae: http://neilsiskind.com/

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Here’s Why Facebook’s Woes Help- And Vindicate- Snapchat- by NEIL SISKIND

Although caught in the social media stock downdraft caused by Facebook, Snapchat is the anti-Facebook.

Snap’s business plan for Snapchat has never been to monetize user-generated content as its prime profit proposition. Just the opposite. It wanted, and caused, user content to disappear. Snap didn’t even want “influencers” to be able to keep track of this content and of user activity. Snapchat has always been about the user experience, first and foremost, rather than user data and user growth. This is what made Wall Street so frustrated, and what kept advertisers leery.

Snap set out to to sell professionally-produced content, and games, and services, and entertainment, and even hardware, “to its users”- as opposed to “selling its users” toadvertisers, like Facebook does. That was “never” Snap’s base case. That has “always” been Facebook’s business plan. Snap never wanted to sell Snapchat-users and their communications as content for profit. Facebook was designed to be a dumping ground for any and all person data, interests, facts, photos, and thoughts that users are voluntarily willing to disclose to the company- under the cover of “share your life with your friends and feel closer”. Then they sell it all.

“Social media”, under the Snapchat model, has always been about building the social- to sell them the media; and not using the social (user content and communications) as the media.

Snap has been dragged, kicking and screaming, into keeping track of the behaviors and profiles of Snapchat users, and into user-growth initiatives (as opposed to initiatives to maximize the quality of users’ experiences, the quantity of time spent on site per user, and the average revenue per user), and user-content monetizing. But, once again, we are seeing that Evan Spiegel has been right all along and has been way ahead of Facebook and Mark Zuckerberg for years.

Maybe now, advertisers will realize that the Snapchat “user first” experience is better for their respective brands than are business models crafted, primarily, around tracking and selling or sharing user data … which users, and governments, are, finally, rejecting. Where advertisers can be part of the user experience- rather than just interrupting it, and abusing it, it could work out better for advertisers … and better for consumers- and Snap can focus on what it set out to do at Snapchat’s inception- and what it does best- create a fun and fair social platform where it can find ways to entertain, and monetize, respectfully.

 

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About the Writer

Neil Siskind is: President of The Siskind Law Firm, focused on product investments, trademark licensing, product distribution, and real estate; Founder & Chairman of The Fatherhood Assignment™, a think tank and advocate for children with absentee fathers; Founder of the global charity marketing initiative, Caring is Free®; Founder of National Fatherhood Day™; Owner & Conservator of The Neil S. Siskind Nature Preserve, over 8 acres of conserved waterfront land along New York’s majestic Hudson River; and author of The Complete Guide To The Ways To Manufacture & Sell Your Products. If you are in need of office space in South Florida, contact Neil Siskind about space availability at The Siskind Executive Office Complex in Boca Raton, FL.

Other Recent Articles by Neil S. Siskind:

Shopping And Entertainment Will Become “One”- by NEIL SISKIND

I can’t imagine stores in the future that lack an entertainment component. I can’t imagine the idea of stores where music, content, gaming, and/or virtual reality are absent from the consumers experience. Store will provide entertainment to shoppers, and entertainment companies will sell products. Stores and entertainment businesses will be one and the same. All entertainment will lead to commerce opportunities. All stores will offer entertainment. Any retailer- brick and mortar or e-commerce- that is not entertaining shoppers and potential shoppers- will not have any shoppers.