Thursday, November 20, 2008

A Very Real Plea for Assistance

The week before Thanksgiving is a time for introspection. What have you done beyond the turkey or donation for homeless and poverty stricken folks in your immediate community. One can only hope that someday, we will make giving thanks the rule instead of the exception in our lives.

I am writing this blog for two purposes. The first is to encourage you to reach out and help someone less fortunate than yourself. If you are in need, reach out a hand during the next few months and I will do what I can to help you....

The second purpose is for those who love art as I do and hopefully many people do. In the Philadelphia area, I am pleased to belong to the Philadelphia Museum of Art and to the Brandywine River Museum. Both worthy institutions... I am looking at losing my own job before the end of the year so perhaps what I am going to propose is only self-interest.

Here it is... Pay two years of museum dues instead of one. As museums across the country have seen their endowments shrinking like my 401k, it becomes increasingly apparent that normally fiscally conservative institutions are going to need more support not less this year. So Brandywine Museum, I paid two years of dues in advance hoping that by this time next year, I've have changed jobs and I am in a position to pay another two years. If not, I still know I will belong to a great organization with an outstanding collection of art.

For the Philadelphia Art Museum, I am going to pay four years dues in advance. Again the same principle that perhaps I can consider it a donation next year and if not, I will belong to the museum for the foreseeable future.

During the next six to twelve months, much will be asked of each of us in terms of sacrifice and hope. I hope that you all have a great Thanksgiving. I hope that you take the time to tell love ones and friends and family that you love them. "I love you, mom!" I hope that you will consider both the people and institutions in need as you make plans for gift giving this holiday season.

Thanks for listening. Phil

Sunday, November 9, 2008

Support Wikipedia in their efforts to raise funds

The Wikipedia Foundation is trying to raise funds for continued efforts to expand Wikipedia. Anyone who has googled around at one time or another in search of information on an artist or a museum or even a business topic or two has probably used the site.

It is entirely non-commercial in nature although a few unworthies slip through the cracks because of the nature of their business. Let's give Wikipedia a hand (I gave ten bucks: you give what you like including $0!)

Wikipedia Affiliate Button

Monday, November 3, 2008

I 4 ONE WILL BE GLAD WHEN TOMORROW IS DONE

So tomorrow is election day and I will be glad that it is over at least as far as the deciding goes. Regardless of the reader's political affilation, I congratulate everyone that ran a "clean" campaign for expressing their views and trying to get the representatives they wanted elected.

I am less proud of those intrusive telephone robots which called me over the weekend. I would have thought if you really wanted my vote in one direction or the other, you might take the time to place a live telephone call. Hopefully we can opt out of such calls in the future.

The real work will start in the new year for our elected officials to come together where there are commonalities (are there any?). I guess I would not be writing this blog if I wasn't a tad bit social but hopefully a few folks out there are reading and following it.

There has been some great art up on eBay recently. I will try and put up some pictures as auctions are still running on pieces that I consider good value. If you see one, please send me the item number or a URL so I can check it out.

Everybody please vote if you are able tomorrow and good luck to all the candidates!

Phil

Friday, October 31, 2008

Jobs, Politics, and Life

Well with just five days to go until the election or is it four? I have to say I have been impressed with Obama particularly. He seems like the kind of passionate, honest, reach across the aisle person we could use in the White House.

I almost laughed when one of the talking heads claimed that he was so far to the left and so unwilling to work with members of the opposite party. The "head" said we should never elect such a person as President. And I thought....

You are partially right and partially wrong. We have had such a person for about eight years who never listened to anyone except those who matched his internal compass as far as direction. I hope the talker is wrong and that Obama will seek a middle ground in working towards a better America and a better global community. Like it or not we are joined at the hip with 6 billion other people seeking employment and other forms of economic improvement. We need to collaborate with many to husband resources and keep heading forward. For my part I am optimistic about the future.

Well I am headed off this morning to a company which consults on elearning. It should be an interesting day. Best of luck to you all regardless of political position. See you at the polls next week. Help a shut-in to vote if you have the time.

Editor
Phil Wesel

Wednesday, October 22, 2008

Rainy raises blisters & funds for breast cancer

This blog is dedicated to a well recognized art form i.e. the women of the world. Much of the art of this world dating back to the feminine images of Mary and Child from the middle ages celebrate both womanhood and motherhood. It is one of the common themes even in less obvious paintings such as Degas ballet dancers.

Last weekend my wife celebrated her womanhood by walking over sixty (60) miles for the Susan G. Komen breast cancer fund among others. Each of the over 4000 ladies that walked had to raise a minimum of $2200 to participate. Can you imagine that a small crowd of 4000 woman and an even smaller crowd of some 200 survivors raised Eight point two million dollars to find cures for this form of cancer.

I was especially proud of my beloved because she did all of the fund raising on her own. I was only peripherally involved ( I drove her to and from the event). My wife is a survivor and I hope that she takes the opportunity to do the walk again next year. It goes under the heading of breast cancer three day and they hold them all over the country. I believe the total raised by this organization over the last nine or ten years is $300 million. Perhaps they should be in charge of congress as they seem to do an excellent job of managing budgets.

At any rate, this blog is hats off to all the women who walked of which my wife was one. I think this was a great cause and a great way for her to spend her weekend. Ladies, my heartfelt congratulations on your success.

Phil

Monday, October 13, 2008

Politics Aside - An Art Inspired Blog

I'm trying to read a three volume history of modern art. You know I love the topic of art in general and believe that most writers, this one included, want to help educate on art. However, sometimes the points they make are difficult to comprehend.

At any rate, the interesting point of the first of these three books is that artists attempt to paint forms of social reality as they then see it. This helps explain why a twentieth century Russian painter living in poverty might have a different reality than a twentieth century American illustrator living in better circumstances. Certainly painters share an appreciation for particular styles and forms often when they themselves haven't been influenced by the underlying social reality. Painters as a group I think are willing to see and judge for themselves the kinds of things they see in the art and real world. Hence you have the rise of painters such as those from the Ashcan school such as Robert Henri, William Glackens, George Luks, Everett Shin, John French Sloan, Davies, Lawson, and of course Maurice Prendergast. At the turn of the century they tended to paint a social commentary regarding New York as they saw it. And that was as a gritty, sometimes a little dirty place, where life florished in spite of its challenges and surroundings.

The other day I took my seven year old niece and my twenty five year old son to the Brandywine River Museum. I was not surprised that my granddaughter wanted to run around the museum talking to nearly everyone that she met. She is after all living in an age of innocence. I was surprised by the art that my son liked. He liked the oil paintings composed in black and white like some of the works of Remington, Pyle, and even some of the Ashcan school painters. What he liked the most was the level of detail on the people's faces. I knew then that he had been touched to some degree by the visit. He could distinguish the look of anguish on an indian or a beggers face and the looks of happiness in a young girls smile. It was gratifying to see that his eyes were not closed to what he was seeing. It wasn't just a bunch of pretty pictures. They all had statements to make.

How does your family feel about art? More importantly, do you let your granddaughters' color pictures and make shapes and do all the wonderfully creative things that only kids seem willing to do. If you don't (without my getting preachy) maybe you should consider giving them the chance to get the bug. Until next time it's all for arts sake.

Phil

Why Phil Gramm Belongs on Anderson Cooper's 360 as part of his Ten Most Wanted in the Wall Street Meltdown

I wrote to Anderson Cooper this morning encouraging the CNN news organization to add both Phil Gramm and Wendy Gramm to the Ten Most Wanted in the melt down of most peoples life savings. Yes a number of us have been complicit because of the ensuing panic. When someone cries "fire" in a crowded theater we often don't stand around waiting to verify the facts. Here's what I wrote to AC360....

"I am following your ten most wanted whose to blame. We should seriously consider the roles that both Wendy and former Senator Phil Gramm played in this debacle through both legislation Gramm attached to the Omnibus Budget Act which largely prohibited CDS from being regulated as a commodity. His wife was deeply involved in the decision not to regulate energy contracts which ultimately was part of the downfall of Enron.

Enron was the "canary in the coal mine" predicting the multi billion dollar collapse of that firm and the lost life savings of 100 of thousands of Americans.

Now we have the same thing at the hands of Phil Gramm with a multi-trillion dollar collapse and the lost life savings of millions of Americans. This time these two engaged in reckless behavior that literally cost most of us 40% of the value of our pensions and the losses aren't over yet."


If you want the full story on Phil Gramm's participation in this mess, please consider reading this article regardless of your political leanings.

http://www.motherjones.com/news/feature/2008/07/foreclosure-phil.html

If you don't read any other posts, please read this one.

thanks
Phil

Friday, October 10, 2008

More on why CRA isn't the whipping boy that Sean Hannity and others would love to hate.

Simply put gentlemen, the devil is in the details and the details pretty much dispel this conservative based myth once and for all. Sorry R.M. and Fox you will have to find another so called liberal cause to blame as there is little or no truth to CRA being remotely at the heart of this mess. When you have come down off your high horse and really examined the data, you'll find that two thirds of the mortages were neither low income nor minority focused so you need a new plan of blame.

http://www.newamerica.net/blog/asset-building/2008/its-still-not-cra-7222

How do art and politics mesh?

Well I am not sure about this one but it is my blog at least for the immediate future. I see art in many things. The art of saying no that a parent uses when talking to a small child. The art of negotiation when buying or selling something that you really want. How many of us have really loved the art that evoked something in us but simply could not afford the artist's price. I am not talking about getting a better price but getting something that you almost cannot do without. That is well priceless in some respects and in others just plays to our materialistic instincts.

At any rate, I have purchased one or two paintings in my life that I simply wanted because they spoke to me. That is where a true appreciation for art lies. I love the work of Henry Pitz. He was a Pennsylvania area artist and author who illustrated childrens books and wrote for one of the art magazines of the fifties. I really enjoyed his art because it had elements of the Brandywine School illustrators and his own cubist tendencies intertwined. Hopefully I can get a few pictures of my favorite, Hilltown, up in the future. For now it must stay in storage. At any rate. enjoy the next few weeks political blogs followed by some real art articles.

best regards
Phil

Community Reinvestment Act Was Not the Cause

Here is a brief snipet from Aaron Pressman's article from business week please go there for the full article. Hopefully he and BusinessWeek will forgive my cut and paste under fair use guidelines

Community Reinvestment Act had nothing to do with subprime crisis
Posted by: Aaron Pressman on September 29

Fresh off the false and politicized attack on Fannie Mae and Freddie Mac, today we’re hearing the know-nothings blame the subprime crisis on the Community Reinvestment Act — a 30-year-old law that was actually weakened by the Bush administration just as the worst lending wave began. This is even more ridiculous than blaming Freddie and Fannie.

The Community Reinvestment Act, passed in 1977, requires banks to lend in the low-income neighborhoods where they take deposits. Just the idea that a lending crisis created from 2004 to 2007 was caused by a 1977 law is silly. But it’s even more ridiculous when you consider that most subprime loans were made by firms that aren’t subject to the CRA. University of Michigan law professor Michael Barr testified back in February before the House Committee on Financial Services that 50% of subprime loans were made by mortgage service companies not subject to comprehensive federal supervision and another 30% were made by affiliates of banks or thrifts which are not subject to routine supervision or examinations. As former Fed Governor Ned Gramlich said in an August, 2007, speech shortly before he passed away: “In the subprime market where we badly need supervision, a majority of loans are made with very little supervision. It is like a city with a murder law, but no cops on the beat.”

Are quotes art? --- Paul Harvey hasn't come back from lunch yet. to discuss CDSs and finance

Quote for the day

"The way to stop financial joy-riding is to arrest the chauffeur, not the automobile." Woodrow Wilson

"In the business world, the rearview mirror is always clearer than the windshield." Warren Buffett

"There is no such thing as an innocent purchaser of stocks." Louis D. Brandeis

May all your troubles be little ones, may your children grow straight and tall, may the world see you as you could be, kind and generous. Phil

I'm mad as hell at Kudlow, Wilson, Gramm and the other cheats

Okay I've had enough of the spin to last a lifetime.

What is America supposed to be all about?

Well, we reward the guy who digs the ditch. After all, he is the one with a shovel in his hand and sweat on his brow. We reward the guy who tells him where to dig, the person (male or female) who supervises him. The guy who buys the shovels. the guy who plans where to dig the hole. The city or homeowner that wants or needs the hole. even the banker who finances digging the hole.

And, I fully understand the concept of insurance. If the homeowner wants to ensure the hole is dug so be it. If the ONE banker who actually financed it wants to insure his interest FINE. What I do not understand is how we can sit around and let a bunch of worthless morons (smart morons but morons none the less) bet with each other on whether or not the hole is going to get dug.

In the meantime, we the American poeple are blissfully ignorant of the betting going on because Bob bet Ted and Ted bet Sam. They used a process of betting on the spreads so that essentially Ted was covered whether the hole got dug or not.

I am going to ask a rhetorial question here. Is this really capitalism?

I guess I don't think so. There is no invisible hand here performing the tasks society needs performed. If the bettors subsequently go bankrupt and can't pay anybody for the fine suits they are wearing and subsequently cause a huge frikking economic panic. Why are we not trying to put some of these people in jail?

We put rapists, murderers, and even dui drivers in jail for a lot less because they tear at the fabric of what is good and right about society. Lets put some of these people in jail. Let's make them pay restitution and foreclose their homes in the Hamptons (with advance apologies to the good folks who live out there and don't just make bets for a living)

A couple of weeks ago, I heard Larry Kudlow talking about how the mess was democratically induced because we simply put people in homes they could not afford. Pardon me. excuse me, did I hear that right? Your blaming the guy that wanted the hole dug or the guy with the shovel or those other folks. You must be joking sir. (and I use the term sir in moderation).

Home ownership was and is a great goal especially with an aging demographic and even before a upside down market. Those low income and minority folks are not, I repeat NOT, responsible for this debacle. Are you listening, conservatives?

A guy works his whole life just hoping once in a while things will come out fair. If they do, he has won a little. These low income people did not trade 12 times the value of their property in credit default swaps. The guys with the suits did that. The guys with the suits had wealthy people who'd forgotten what it was like to honestly engage in capitalism helping them.

I work (yes occasionally circumstances force this) as an auctioneer. Last year and up to about four weeks ago I had several people contacting me trying to get out of mortgages just prior to foreclosure. In every instance but one, they were gamblers. They had generally bought a second third forth or fifth house as an investment and were looking to cash out before the banks took back the property. In nearly every instance, they wanted more than they had borrowed even if they had releveraged the place after purchase. These people were not the common folk (well they were) but they got caught up in the tulip bulb craze. If they lose their investments, I will feel sorry for them but that is tough.

I try to help them when I can. I counsel them to look for the sale which nets them the most let alone whether I sell the property or not. So I will continue this rant this evening. And as Paul Harvey says, I will tell you the rest of the story. Stay tuned.

Thursday, October 9, 2008

Blogger Locks Me Out After Just Two Posts

Hey I know this is a brave new world we are living in but I find it hard to believe that my legitimate posts (quantity two) gets locked out after two days for a whopping two url references when I was contacted by someone offering to upgrade my website presence by essentially spam blogging. Obviously these spam blog tools need some work and I appreciate that paying a living breathing person to look at my blog and realize it is not crap (okay it may be crap but it aint spam). Anyhow I am just sounding off a bit until my blog is unlocked or I go elsewhere. What's on your mind? If you have anything you would like to discuss in 500 words or less, just give me a shout.

Phil

Tuesday, October 7, 2008

Leger Painting Lost in Wellesley Mass & More


Sometime around August of last year (2007), the Wellesley College misplaced a three million dollar painting by Fernand Leger called "Women and Child" Apparently after loaning the painting to a mid-western museum and the museum returning the painting, it was left in its packing crate for several months due to building work then going on.

The school is not sure whether it was unintentionally thrown out or spirited away but somewhere out there is a real treasure to be found. If you are up near the school, perhaps it is time for a jaunt to the local landfill. Anyhow we do not revel in the schools misfortunes, we simply encourage people to be on the lookout for a great misplaced work of art.

The Boston Globe originally broke the story of the missing painting. Here is the link

http://www.boston.com/ae/theater_arts/articles/2008/08/27/a_masterwork_goes_missing

Monday, October 6, 2008

For Arts Sake Introductory Blog

Hello All
I hope to provide some benefit to lovers of art on the net. Todays post is to make you all aware of artdaily.com. It is a great site to learn a little about what is going around in the art world and sometimes the auction world too.

We are located in the Delaware Valley of Pennsylvania in the backyard of the Brandywine River Museum (one of our fav five) and the Philadelphia Museum of Art. The Brandywine River Museum always has a great selection of American Illustration art on display including the works of Howard Pyle and N.C. Wyeth. It also has wonderful sections on Andrew & Jamie Wyeth. Each member of the family has had a similar but different approach to art. Andrew is much more the realist and N.C. and Jamie have a bit of the surreal in their generally great art.

Last Friday I went to the Rosenbach museum down at Delancey Place in Philadelphia. It is a really small museum dedicated to the collections of Philip and ASW Rosenbach. I hope to go again in the future. It has loads of books in the collection and some selected art pieces too.

Hope to post a longer piece for you here later this week.

Until then, check out artdaily.com. You'll be favorably impressed.

Phil W
the editor