The 3 Different Amazon Effects

Financial reporters constantly throw-out to audiences certain terms related to Amazon. When discussing various companies, particularly retailers, reporters use terms such as “getting Amazoned”, or “the Amazoning” of an industry.

Amazon can affect retailers in a few different ways. To just say that a company has to deal with Amazon and can’t succeed is a bit overly-broad and non-specific.

  1. A retailer can benefit from Amazon. As long as the retailer has a business model that does not depend on most of its sales at its brick and mortar locations, if a retailer has a good selection and good prices, selling over Amazon can help increase revenues.
  2. A retailer can sell private label products, exclusively licensed brands, and patented products such that it is not competing with the same or similar products or brands as those that can be found on Amazon. Brand equity matters. In this case, even a company that relies on brick and mortar sales can survive in an Amazon world. Such a company should have a good Internet presence so that their exclusive products can be easily found and purchased.
  3. Amazon, acting as a manufacturer of its own products can be very damaging to a retailer that does not have unique items or a very popular and highly regarded private label business.

So, if a retailer has unique products and in-demand brands that no one else can sell (exclusivity), then a retailer can still succeed. If products are not unique or brands are not popular, then retailers have to compete with Amazon’s own brands as well as all kinds of competitive products on the Internet, which would be troublesome. Amazon only wins, hands down, where it can compete on price and quality and similarity- all three. If Amazon does not have a similar product (and in the case of a brand, it would need to have an exact product), and Amazon can’t deliver a less expensive similar product, and where Amazon can not deliver on quality, then Amazon has vulnerability against that retailer- believe it or not. But the uniqueness of a brand or product must be there for a retailer … that is everything.

 

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 Siskind help 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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Is Facebook A Big, Fat Bubble?

Facebook has approximately 2 billion monthly active users.

In 2016, the social network’s annual revenue amounted to close to 27.64 billion U.S. dollars, the majority of which was generated via advertising.

Facebook delivered 2017 Q3 profits of $1.59 per share on revenue of $10.3 billion and it now has 1.37 billion daily users, up from 1.18 billion a year ago.

So, as Jerry Seinfeld so famously queried- who are these people? And how is it that people are still only first signing-up to the most most famous company on earth? Are new users 5 years old? 95 years old? Unemployed? Partially employed? In high school? Have debt up to their eyeballs? And how likely is it that if such people are real, and have disposable incomes, and are inclined to buy products found online through a social media site, they are, only now, first joining Facebook?! If user-growth of a medium is too fast, how can an advertiser be sure of who the users really are and if they are really being reached?

Facebook’s ad rates are based on number of users and on user growth. To some degree, to what degree it’s not totally known, ads are targeted to relevant demographics- to the extent that Facebook has accurate data.

There are software companies who measure conversions of ads to clicks- and, then, how many click-thrus actually result in purchases. This information is vital to advertisers.

So what are the results of such data? Are advertisers satisfied- or are they still experimenting? Are ads turning into purchases? Let’s see the data. Let’s hear from advertisers if their Facebook ads are working.

Is advertising on Facebook and social media just one big experiment for companies at this stage? If conversion rates and purchases rates of clicks from Facebook are lame, will advertisers continue to deploy ad dollars with Facebook rather than re-deploy those dollars in more tried and true, and less expensive mediums?

Are people on social media not prone to actually buying products and just prefer to peruse and play? Facebook is selling its broad reach to people around the world- but people’s attentions come and go; they log on and off and they are communicating with others. They are often either at work, at a party, in a car, or tired and bored- not situations offering great likelihoods of reading ads and buying products. Perhaps a television show is a better way to reach people. Perhaps an interactive sign on a Manhattan street is more attention-grabbing than a social media ad. Perhaps a radio ad while people are trapped in their cars during rush hours is more effective. We know Facebook reaches billions of people- but so does the Internet in general- isn’t that kind of a broad and generic way to sell advertising space?

How can anyone invest money in a company without any data that shows its product is effective- that it works. Sure, Facebook has mind-boggling revenues, and even earnings- which deflects the real issue: whether its product works- whether its ads lead to product sales. Are the mind-blowing earnings just a mirage that covers up what lurks below- an ineffective product that will ultimately be exposed? Many businesses have launched and grown through Facebook (until Facebook changed the rules on them, in some case), but how many companies have advertised on Facebook with limited or no success, and with poor conversions or unimpressive sales rates following click-thru? How can it be known?

Are user numbers and user-growth numbers causing a hype to advertisers, and, thus, a bubble in Facebook ad rates, and, thus, a bubble in Facebook’s earnings, and, thus, a bubble in Facebook’s stock? After all, what has user-growth got to do with advertising? Companies that advertise on television select their spots based on number of viewers that can be reached, and then pay ad rates accordingly. They are not concerned with viewer-growth. They are only concerned with viewers reached.

If Facebook can’t prove that its ads are specifically targeted as an advertiser needs and can’t prove that ads equal clicks and that clicks equal purchases- then how is social media any better a way to advertise than any other medium? Let’s see the data- then let’s judge if Facebook, as an advertising medium, has legs- and if Facebook can, well … save face.

 

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 Siskind help 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

Why Does Jeff Bezos Want To Clean Your Bathroom?

Amazon is now offering house cleaning services. This is a business with low margins and potential liability, and is labor-intensive. Amazon is using an outsourcing model- taking orders for cleaning services and than engaging outside companies to do the work.

How does Amazon make money? It charges a fee over and above what the cleaning company charges a customer for such service. Amazon pays the cleaning company its usual fee for the ordered service and Amazon keeps the difference. In other words, Amazon can not make much- and homeowners don’t need Amazon in the mix of the transaction at all. It (Amazon) does not offer a lower price or better or faster service.

So why is Amazon in this business? It is not very profitable, it requires enormous scale to make money, there is a lot of local competition, Amazon is in the business of selling products- and not consumer services, and Amazon can’t compete on price with local businesses that take orders directly from local homeowners; so there can only be one reason. Amazon wants to be in- or in control of- every aspect of our lives- at any cost. I’m sure Amazon approaches this service as a loss-leader and as just another way into our homes and our lives.

I’m all for any company or any person seeking-out profits and trying to grow their top and bottom lines. But in the case of Amazon -a product retailer- offering house cleaning makes absolutely no business sense. It goes against any business strategy or business model ever crafted or suggested in any field or industry- “unless” making money is not as important to Amazon as being in every possible industry it can. In the case of Amazon, this seems to be its number-one priority. Money or not- Amazon wants to be the one company to control every transaction in American life that it can possibly control. But, control of multiple industries in a monopolistic manner, in a way that leaving consumers vulnerable, and needy, and dependent on Amazon, would be anti-American … and scary. As Amazon uses its financial might to push competitors out of industries, consumers are the ones that will suffer. When a company can afford to forgo a profit in order to overcome competitors, it becomes more and more dangerous of an environment for consumers.

A company being able to afford such an endeavor requires the public’s help- such as by the public buying its stock and its products, thus, empowering a company to continue on its path of competitor destruction and ultimately, monopolistic power. Every time an investor buys a share of Amazon and every time a consumer buys a product from Amazon, they help to dig our collective consumer and entrepreneurial graves.

I do not feel that Amazon is being anti-American; but the type of society for which Amazon is gunning, whee Amazon is the only player in a variety of industries, would go against what this country is all about- and it should be stopped, at some point, by Congress … before it is too late. Amazon is expected to serve shareholders and pursue profits; the government is supposed to stop corporations from crossing lines that leave consumers vulnerable and without reasonable alternatives for it needs and wants.

Amazon, and other large technology companies, such as Facebook and Google, are stifling, suppressing, and limiting the American dream- the goal of business ownership and professional and financial independence- because of the amount of money they earn combined with the enormous scale that technology- specifically, the Internet- has provided them. The scale leads to money, and the money leads to even greater scale … and more power. Small businesses simply can not compete with this lethal combination of elements. Before the Internet, other than the phone company, which had one national service, businesses could not so readily secure an unchallenge-able national presence. Walmart was a minor outlier, but, still, many low-priced retailers prevailed locally, regionally, and nationally. With the Internet, the largest company is always as present as any local company- so the lowest price is always available on the same products. The concept of competition is removed by the combination of technology and scale because of the equal access by all merchants to all consumers in all places. Differentiation, location, values, relationships, loyalty, and service all take back-seats to price.

In the end, if a single source provides the best prices, then competition will dwindle, or even disappear. If one single source can do this in multiple industries, we succumb to its control and lose our own control over our choices and our lives. As consumers … and as Americans … we will all suffer.

 

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 Siskind help 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

So, For What Are We Voting?

There is a persistent state of confusion in this country as to the position in society of our elected officials. Are they “public officials”, “public servants”, or “leaders”? Is their job to determine our wants, fight for our wants, or decide our wants…? Why do we call them “leaders” if we vote them-in to get accomplished what “we” want done? Are some officials- such as like governors and presidents- “leaders”, while others- such as congressmen and senators- servants? Do we elect people to make choices as to how to proceed- or, rather, to implement our choices?

The people we vote for are confused, seemingly, because we are confused. Words matter.

If we call the people the people whom we elect “leaders”, they will assume the mantle; if we call them “public servants”, they may assume more humility and more care with the privilege and responsibility of their offices. Words matter. Titles matter.

 

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 Siskind help 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

Amazon- Beyond A Monopoly

U.S. Anti-Trust laws were/are designed to protect consumers from monopolistic and anti-competitive behaviors to consumers’ detriments. The laws contemplate anti-competitive behaviors within industries. Amazon is now taking over, not an industry, but a way of life- a manner of buying products. Laws could never have contemplated what is happening. Legislation should be drafted and passed to stop what is happening- which is that the words “shopping” and “Amazon” are coming to mean one and the same thing. It would be like, 20 years ago, all of us having to not only go to the same mall to shop, but having to buy products at that mall from one company. We need laws to stop one company from owning a way of life.

That which is happening to the process of “shopping” at the hands of Amazon would be like one company owning every restaurant in which to eat because it has the scale to own all the food supplies and then sell food for the cheapest price until one day every other restaurant company is gone. And then next it happens with the medicine supply. The power of scale, because of the Internet, slowly allows one company to take over our ways of life in one respect after the next. Monopolies take away consumer choice.

So, you say, but we have a choice. We can shop elsewhere right now. But, it’s not true- or, at least, it is on a very slippery slope to becoming untrue. We can’t shop elsewhere for certain items if no one else can stay in business because of what is happening- because of the marketing, technology, and scale of Amazon. Consumer choice will suffer. Consumer choice will disappear.

Consumer choice is getting stifled because competition is getting stifled. Sure, we’ll have cheap prices- but we won’t have anywhere else to work except for Amazon because everyone else will be priced out of business. On this trajectory, Amazon would be like a socialist nation unto itself. We’ll be promised a living and food and necessities, but have no options- and even less in the way of career options in certain, or in many industries if Amazon keeps pushing retail options out of the market.

Amazon must be stopped.

 

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 Siskind help 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

Here’s What The CNBC People Don’t Tell You About Investing In Foreign Stocks

As an American citizen who lives in Iowa, in Idaho, in Arizona, would you invest in a private company in Spain; in Italy; in France? Do you understand the laws or the regulations or the legal risks? Would you know who you can sue if your money disappears and what the process is, or how you would retain an attorney in a foreign nation and how the law works? If the private company you invested in owns property in its home country on its balance sheet, would you understand land rights; title ownership; national eminent domain equivalence laws? How easily can another nation take property from a private company if that nation wishes to own it? Would you know anything about tax laws in Greece; in England; in China? We can barely understand tax laws in the United States.

If you looked at company executives of foreign companies, would you know what their foreign educations mean? Would you know if an executive in Thailand has family government ties that have given his company advantages that may change with a new government?

Would you have any idea at all how foreign S.E.C. and Federal Reserve equivalents work? Or what they are even called?

Would you know the values, platform, or goals of the government of the day? Would you know the stewing social issues or if there is any brewing social unrest or civil strife?

Would you know the bills (or whatever they’re called in a given country) being considered, or those to be proposed for a vote to become new law? Would you even know the process for that in any other country? Do you even fully understand these things in this country?

If your money disappeared in a giant fraud in Egypt or Russia, do you think there would be a class action lawsuit that has substance? Will lawyers in these nations fight hard for your rights? Do you think you would see your money ever again?

Would you know what kind of legal system is in place? Is it common law, civil law, religious law, some other system? Would you know if they have case law precedent, or how one becomes a lawyer or a judge in that country? Or if they allow juries or have a local judge to decide cases? Would you know or understand any of their legal processes or procedures?

Investing in a foreign public company on a foreign exchange is no different than putting your money in a foreign private company. How can a person invest in a company in another country without any understanding of that country’s laws, and, thus, risks? As for fairness and regulations and honesty, Bernie Madoff was not controlled or caught by United States securities regulators for years and years; can you imagine how many Bernie Madoffs exist in Asia, or in the Middle East? In China, the national government owns parts of companies. Do you think the country’s leaders would regulate and punish its own companies for unfair activities from which the government or its officials benefit?

Contrary to popular belief, a company being “public” does not provide an investor with more protection than if such company is “private”. In fact, it can be exactly the opposite for many reasons. If a company is public, investors presume regulators are protecting them from fraud. But that’s not the case. Moreover, if a company is public, the officers and executives can make decisions and enter into transactions without disclosing many of the specifics to shareholders. Contrarily, a shareholder in a “private” company is entitled to know most, if not all details of transactions, by law, or by agreement of the shareholders.

If you watch CNBC, guests, money managers, analysts, and traders tell you that foreign indices are providing bigger returns than domestic ones and that it would be smart to diversify globally. But these “advisors” and “manager” never mention the legal risks- because they don’t understand them. Bigger returns can come with bigger risks- which can also result in bigger losses. Lack of any clue of what you are getting yourself involved because someone on TV told you to do it, is the biggest risk you can take.

 

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 Siskind help 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

A Flattening Yield Curve: Is “Housing Inflation” The New “Wage Inflation” (Only Worse)?

In a time when wages are stagnant and retail and related layoffs are pervasive, people are taking jobs for lower wages and with little future income growth-potential (such as in Amazon’s warehouses, walking dogs, and opening food trucks). If home prices continue to rise but wages do not- that is still inflation- a dangerous kind of inflation. It is, once again, as earlier in the decade, interest rate-driven housing inflation … or, a bubble.

Is such inflation partly due to house-flippers replacing a lack of growth in their wages with short term real estate speculation (i.e. house-flips)? I have house-flipper clients (they refer to themselves as real estate investors); they don’t have “jobs”; they buy, fix, and resell houses as quickly as possible. Is housing-inflation from house-flipping a substitute for wage inflation? Is this why the yield curve is flattening- because of burdensome asset inflation- a bubble that may pop with interest rate hikes? Why not? This is exactly what caused the last recession. This is what happened the last time the Federal Reserve over-juiced the system. And we know that it (the Fed) juiced the system with all it had following the 2008 meltdown. So, how can this be any different? The symptoms are the same … lots of technology earnings and tech stock growth, too much home-price appreciation making housing unaffordable, and stagnant wages; and the causes are the same … cheap money and the Fed making a potentially incorrect presumption about technology and how this time it’s different; except, in addition, this time Amazon is assuring that we get no PPI or CPI inflation, causing weak earnings growth outside of technology, and also that we are losing a vast number of brick and mortar retail jobs and replacing them with weak substitutes, causing wage-frustration across the nation and leading to excessive asset bubbles where people over-invest to buttress their incomes … so, maybe this time it’s actually worse.

The other side of the coin of poor wage growth being replaced by house-flipping is that at least poor wages are being replaced by something. But most Americans are not house-flippers and actually need places to live. Using houses as short term investment assets in the long run probably hurts more people than it helps. Most people need affordable homes. If they have to rent, instead of buy, ultimately housing will suffer and bubbles will burst on their own- even without Fed intervention. Housing is supposed to grow due to macroeconomic and household income growth, not despite them- or in lieu of them.

The combination of low wage growth and excessive housing inflation will reach a pain point … just like last time. Inflation from high wages can be good if managed properly (and can lead to higher long-term bond yields). Inflation in vital human assets (homes and food) with stagnant wages is neither good nor sustainable (and can lead to recession fears). We have such latter inflation … and the Fed knows it … and the bond market may be catching on, too. The Fed may be raising rates to address this, while the bond market may be panicking in response to it. Inflation from wage growth can lead to economic concerns, but inflation in assets that are basic human necessities- like housing- in the absence of wage growth is an economic concern that can be even worse. It would be seen as a speculative and unsustainable bubble, and would, certainly, explain a flattening yield curve. Moreover, if the asset being targeted by the Fed can be negatively affected while also taking down jobs with it and negatively affect wage growth even further, there is even more reason for concern. If a housing bubble pops, as in 2008, the rest of the economy can follow. Inflation due to wages can be tempered by a rise in interest rates, but excessive inflation in housing, when tempered by interest rates, can completely take down the economy like a house of cards- as we know all too well. It’s one thing to soften labor demand, which actually, ultimately, helps companies get (labor) costs back to an acceptable level- it’s another thing to diminish or reduce asset values (and take down jobs and wages with them)- which can be very dangerous. Interest rates do not, necessarily, make or break labor markets and businesses, but they can, and do, make or break real estate markets, which is why this overheated real estate market should never have been allowed to develop after the lessons of 2008. Real estate is too dangerous of a place to allow inflation to blossom- or fester. But it keeps happening these days because of cheap money and the need in this country for a wage growth alternative, in the form of house-flipping, because of global outsourcing (and now, also because of the Amazon-effect causing restrictions in retail job growth and in PPI and CPI inflation – i.e. causing a lack of pricing power for companies- while operation costs, in the form of cost of capital, rise- which hurts job and wage growth).

While wage inflation historically led to home-price inflation, in this day and age because of low interest rates and house-flipping, the wage inflation aspect is skipped-over and we just get the consequences of wage inflation– higher housing costs (and higher equities prices). So now you have housing inflation but without wage growth … so much worse than housing inflation with, and resulting from, wage growth, and a real danger to a society. Inflation that results from prosperity and growth is different than inflation that results from liquidity and speculation. The latter is a bubble with no underpinnings of prosperity and income growth. This type of inflation- or bubble- pops- rather than slowly and responsibly deflates through effective monetary policy. The Fed waiting to see wage inflation in an economy of outsourcing (which depresses wage inflation) and house-flipping (which accelerates home inflation) before it will declare the arrival of inflation is irresponsible, unrealistic, outdated, and potentially dangerous to an entire economy. The bond market may be indicating this sentiment.

At the end of the day, the yield curve flattening on the way to inverting is, potentially, a predictor of recession which would result from interest rate hikes rapidly reducing inflation in housing, causing investors to get stuck with depreciating assets, creating job losses in the real estate economy, and causing contractions in household wealth, nationally … a triple whammy of consequences that can be, simultaneously, affected by interest rate hikes. Banks would lose the ability to recoup interest and principal on loans (real estate and business loans) causing liquidity to dry up, damaging the overall economy further. But hikes may be necessary to stop more housing inflation- which may be displacing wage inflation, but is more dangerous; dealing with it could have disastrous results. No wonder the bond market is reacting with concern. Strong economies have bubbles. But bubbles in weaker economies that take down jobs, wages, and household wealth when they burst can have, well, “2008-like” consequences; especially when they formed out of needs (or desperation) to create incomes.

Always watch the bond market- and never fight the Fed- and per the 1980’s and the early 2000’s … never play chicken with an interest-rate-driven real estate bubble- especially one that is supplanting paychecks … because such a bubble is filled with desperation and greed, and knows no bounds.

 

Endnote.

A flattening yield curve can indicate a market that believes that inflation is under control. So a flattening yield curve can be a positive indicator instead of a recession indicator.

____________________

About the Author

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 7 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.

Other Recent Articles by Neil S. Siskind:

 

 

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 Siskind help 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

 

Neil Siskind’s Poetry

A Big Empty Vase
by Neil S. Siskind

 

A vase-
a great giant vase with a vast empty space-
what flowers could fill a vase so immense,
a vase so intense?
With the grant of your pardon
off I’ll go to the garden
to pick violets and lavender
and white roses and lilacs-
I’ll create a bouquet that deserves such a vase-
and all will fall into place.
And the scent-
it will make this big vase wonder where that space went-
when the senses are filled will the vast space contract?
I know so- in fact,
I feel sure that a flower
will turn sweet what is sour,
I’ll pick lilies and daisies
and pink roses and tulips,
at last, although vast, this space no longer dull-
this big vase and its space will be full.

Understanding What A Retailer Is

On a CNBC program today, Scott Wopner and his guest, Kevin O’Leary (a/k/a Mr. Wonderful), referred to Ralph Lauren as a retailer, and, therefore, not a good investment.

Ralph Lauren is not a retailer. Ralph Lauren should no more be referred to as a retailer than Chrysler. Both manufacture products for ultimate sale at retail- in stores and online. But a company that manufactures products- no matter how they sell them are not “retailers” as the term is used in the context of today’s storyline of retail being damaged by e-commerce and Amazon. Ralph Lauren is a product line(s) that can be sold through Amazon, e-commerce, their own stores, and/or department stores. It is a brand- not a retailer. Its retail stores are “one of” its sales outlets. But to call a fashion brand a “retailer” and therefor analyze and judge it in terms of retail today is simply inaccurate. Retailers that sell the products of others are what are being harmed by Amazon and the Internet because their prices on the same or similar products can be undercut. But a brand of products is a brand of products- if they are popular they can be sold in any way that the company likes- not just in brick and mortar stores. From an IP perspective, from a branding perspective, they are not competing with the same products sold elsewhere (from a fashion perspective, certainly they have competition, but from a sales channel and pricing perspective, they do not).

Viewers of financial programs need to think independently, since much information on these programs is incorrect. There is a lot of shorthand being used to explain complex and multifaceted issues. After all- it “is” meant to be entertainment.

 

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 Siskind help 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

Neil Siskind’s Poetry

As the 46th anniversary of my birth approaches, I wrote this poem of reflection:

 

Not Quite Yet
by Neil Siskind

 

It’s not quite cold
no, not quite yet
I’m not quite old
no, not quite yet
the winter air-
it’s getting there-
it’s getting there

It’s not tomorrow
no, not quite yet
my time is borrowed
no, not quite yet
I sit and stare-
I’m getting there-
I’m getting there

The leaves are browning
no, not quite yet
the grass is drowning
no, not quite yet
the path’s to where? –
It’s my affair-
it’s my affair

A year I’ve aged
no, not quite yet
I’ve disengaged
no, not quite yet
for all I care-
I still prepare
indeed- I still prepare