Monthly Archives: May 2014

Cooperative Ditch Digging

A few years back I was on a consulting engagement visiting a co-op in a very rural area of the Missouri Ozarks.  The town only had one motel and I’m being generous calling it a motel.  It was a fishing camp on a river and its marque board advertised water-beds in every room.  I didn’t check into it, but I believe they might have offered an hourly rate.

As it turned out, the motel was one of the few things the town had going for it.  The town was so small not only did it lack a stop-light, it had no restaurant either.  So what’s a traveling consultant from the city supposed to do?  Fortunately my planned stay was just one night.  After a day of consulting the client offered to take me to dinner.  I said, “Where are we going, there’s really nothing here?” Continue reading

The Elderly, Money and Doing the Right Thing

There exists a distrust of the financial system among certain ethnic and cultural groups in this country.  If your parents or grandparents immigrated from Eastern Europe or Asia this is something you may want to pay attention to.  Some people hide money rather than entrust it to a bank.  In the fast paced financial world of today, this behavior is largely confined to the elderly.  I recognize there are substantial amounts of cash locked out of the legitimate banking system due to the illegal nature of the activity producing it.  But this story is about the elderly and their hard earned savings Continue reading