Showing posts with label debt. Show all posts
Showing posts with label debt. Show all posts

Tuesday, October 28, 2008

HOW TO COOK ON A BUDGET. IN ITALY.

Ingredients: What you already have in your flat. Broccoli.

1. Mince the onions. To mince is to chop as small as possible. As you ball your eyes out, regret the conspicuous absence of a food processor.

2. Put the minced onion in a pot over low heat with a small amount of olive oil. If you happen to add vinegar by mistake because your cute containers for oil and vinegar look exactly the same, nevermind because the vinegar taste will evaporate.

3. Meanwhile, mince the garlic and add it to the onion. Every kitchen on a budget must stock onions and garlic, as these provide a base of flavor for everything.

4. Cut the stalk (ie stem) off the broccoli and mince it as well. Add it to the pot. If you have a second stalk of broccoli, you must also mince and add it, no matter that your hand is getting sore from all the mincing. You are on a budget, so you must not let anything go to waste. You need those vitamins!

5. Once everything is in the pot, add a generous dose of salt, some pepper, and enough water to cover the vegetables. Let simmer until everything gets nice and mushy.

6. This will take a while, so now is the perfect time of open your delicious bottle of wine. Wine? you say, But I thought I was on a budget? Well, yes, but while in Italy there is a rule that you must drink Italian wine as often as possible. And we MUST follow the rules. Besides, at only two or three euros a bottle, even a girl on a budget can afford to treat herself now and then.

7. Stir the pot frequently. Add more water is necessary. Marvel a the delightful chartreuse color it’s turning. DON’T think about that reminds you of a drink you once had with a boy you once knew.

8. When the vegetables are sufficiently mushy, chop the crown (dark green tasty part) of the broccoli and add. You can try to mash the veggies first to get a smoother consistency, but this doesn’t work very well, gets rather messy, and as such, isn’t recommended.

9. Add half a box or less of “panne per cucinare” (cream for cooking) which is, as far as you can tell, milkfat in a 200mL tetrapack. You just added about 26grams of fat, but you don’t care, because when you’re on a diet, you need all the calories you can get. If you happen to have an open container of milk you are trying to use up, add some to the pot. Otherwise, water is sufficient.

10. If the soup is too think for your taste, add 1tablespoon of flour to some cold water or milk, whisk till dissolved, and pour into the soup.

11. Bring the soup to a boil and it’s finished. Top with parmesan cheese (no cheddar in Italy, cowboy). Pour yourself another glass of wine (Hey, they’re small). And… Buon Appetito!

Wednesday, September 24, 2008

closing remarks - the danger of having a blog

"Recently, we've seen how one company can grow so large that its failure jeopardizes the entire financial system." -Bush in today's speech about the proposed $700 Billion financial bailout.

Personally, this is how I feel about megastores like Walmart. I know it's a completely different thing from Fannie Mae, Freddy Mac, and (reaching further back) Enron etc. Nevertheless the principles can be applied: too much of our money goes into one company and its failures affect us all. In financial institutions these failures are such as we've seen in the news recently. In the retail sector, these failures include product quality, job outsourcing, poor employee treatment, and (an underappreciated problem) aesthetic tyranny.

Ok, so I have nostalgic preference for buying local and locally-owned small business. That is how I would like my life to function -- small circles. Knowing where my purchasing dollars go, even if I'm spending more of them for fewer (but essential) things.

Anyway, after that tangent...

I did not see Bush's speech, but read it, and actually thought it was pretty good (considering, I mean, it IS Bush). It provided a synopsis of the mortgage deflation and ensuing financial crisis that a civilian like myself could understand. It made his plan look pretty good. He even says it will partially (mostly? maybe completely?) pay itself back. Even I know enough to see that as optimistic.

The speech revealed to what extent our economy depends on credit. Buying houses, cars, and college education -- all need credit purchasing power. Watch out, Americans! Bush says. The way things are going, someday, in the very near future, you might not be able to buy things you can't afford!!

Now, I understand that mortgages are necessary for buying houses, and I am the current holder of certain college loans that I think are worthwhile, but all in all, Americans buy way too much on credit. Everyone has credit debt. No one saves money. Financial consultants are always warning us about this problem. Everyone knows debt is a big mistake, but most of us do it anyway.

We can feel patriotic about going into debt. Spending makes the world go round. At least, it keeps our markets moving in the direction we like them to move. If we didn't spend, there wouldn't be Christmas.

How did you spend your Economic Stimulus tax rebate? Remember that? Well, now that you've spent that money on a Wii, be prepared to give it all back, with mucho interest, over the next umpteen years to pay for this big governmental buy out. (Also, be prepared to pay for surgery for carpal tunnel syndrome.)

What would our world look like without as many ways to go into debt? Would everything collapse, allowing China to stage its big takeover? Bush certainly thinks so. You haven't bought a new car since 2006! You might as well be a Communist!

Money. The big world. It all makes me want to crawl off the grid.

Maybe I will someday. As soon as I've paid off my debt...