BANKS SUBSIDIZED

 

Every now and then, I come across something that rubs me the wrong way. It happened last night.

I discovered a recent Huffington Post article regarding banks being subsidized with tax dollars. My initial impression was so what! Banks received stimulus monies. The article had to be about that.

It was not.

Turns out U.S. banks are being subsidized by the government. Free handouts. The money comes from tax dollars. Where else? It amounts to 3 per cent of every tax dollar.

The claim is the money is required for research. What research, I could not determine.

The 3 per cent amounts to $87 billion a year. It averages out to $722 per family.

Even the big banks are so subsidized. The five wealthiest banks in the U.S. are J. P. Morgan, Bank of America, Citigroup, Wells Fargo, and Goldman Sachs. It was reported that these five banks receive three quarters of the $87 billion.

Blew me out! It gets worse, however. The article indicated that without the taxpayer subsidy, the banks would not show a profit.

Running at a loss, need a taxpayer subsidy to be profitable, and still pay exorbitant bonus’s to high level management.

I cannot understand.

A busy day ahead. A haircut and manicure this morning. Probably lunch at Blossoms. Tonight, bocce.

Tomorrow morning, my TV/internet show airs. The Key West Lou Legal Hour. In addition to the bank subsidy issue, I will share some large wasteful government spendings, that Lancaster, Pa. was once the capital of the U.S., the recent U.S. arms treaty, Egypt’s Muslim brotherhood, Obamacare, a medical first, Pope Francis, and more.

Join me. Ten in the morning my time. The show airs via television from Key West up through Boca Raton on Comcast Channel 87 and U-Verse Channel 19. It is available world wide via the internet. www.weyw19.c0m.

Enjoy your day!

 

KEY WEST AND SECESSION

 

The mini series North and South that I watched on TV over the weekend got me back into the Civil War. Where did Key West stand during that time?

A strange situation. Florida seceded. After Lincoln’s election and before he was sworn in. Technically, Key West would have had to also. As a practical matter, Key West was in limbo. It had seceded as a part of Florida, yet remained in Union hands because of a U.S. military presence that already was in Key West.  The U.S. Navy.

The Navy had a fort to go with it. Fort Zachery Taylor. To protect Fort Zachery Taylor and discourage a Confederate attack, two mini forts were built . East Martello and West Martello. They were connected to Fort Zachery Taylor by railroad tracks needed to carry munitions.

The Civil War never made it to Key West. Fighting never occurred.

The people of Key West however were sympathetic to the Confederacy. Many flew Confederate flags over their homes. The two sides however were able to get along and live together.

I spent yesterday morning researching and writing. My afternoon was involved with two lengthy meetings followed by a visit to the Plantation Coffee House.

My blog talk radio show was last night at 9. The show was well prepared. Interesting topics. Like Pope Francis and my thought that he is a flaming liberal (a good thing), economic issues including the attempt to cut back on food stamps while the median household income has fallen in the past five years and a Senate give away occurred which was not proper from my perspective. I also hit on the Kenya mall attack and the fact that it included as terrorists two American and one British citizens. I talked about the toilet paper crisis in Venezuela, how there are too many arrests in the U.S. for minor crimes, and a stupid remark by a U.S. Senator.

A terrific show! Except no one heard any of it, except for the first five minutes! I did the whole show thinking everything was ok. It was only afterwards when the emails and telephone calls came that I realized I was off the air five minutes into the show! I still do not know why. Frustrating.

Theodore “Fats” Navarro was born in Key West. He left town as soon as he finished school. The world awaited him. He became a highly regarded jazz trumpet player. Perhaps the best of his era. He was paid mega dollars for his performances.

Drugs and tuberculosis did him in. He died in his 20s in New York City. He had a sister Delores who was born in 1932. I understand she still lives in Key West.

Earlier this week, a Jean Marie Lindor was sentenced to 24 years in prison. His crime was his involvement in fraudulent BP oil claims. Lindor lived in Homestead. There is always some one who attempts to take advantage of a sorrowful happening.

Enjoy your day!

 

THE ROSE TATTOO

The Rose Tattoo was a mid 1950s movie. Starred Burt Lancaster and Anna Magnani. Lancaster was a big time hero type Hollywood star of that era. Magnani was an Italian star.

Magnai played a wild woman in the film. Lancaster loving and submissive to her. An unusual role for Lancaster. The movie won Magnani the Academy Award for Best Performance by an Actress.

The significance of the movie is that it was filmed in Key West.

Hal Wallis was the producer. During this week in 1954 he was in Key West scouting locations for the film.

The selected site was a small house on Duncan Street.

Duncan Street is key here.

Tennessee Williams wrote the play from which the movie was derived. Williams lived two blocks away on Duncan at the time. My lovely Lisa lives on Duncan today. Her home is three blocks from the Rose Tattoo house and two blocks from Tennessee Williams’ home.

The Rose Tattoo house still stands. Run down. Covered with unkept shrubbery. I believe it is presently a rental.

The Tennessee Williams house is owned by others now. The house looks terrific.

A lovely morning here in Key West. Sun shining. A few white clouds. Water green.

I spent my day time yesterday researching and writing. The writing has altered my life style. Most of my days lately are spent inside typing away.

It was the Chart Room last night.

Merri bartending. Notice I have spelled her name differently. One of my readers emailed me and told me her name was not spelled M A R Y. It was M E R R I. I asked Merri last night if it was so. Yes, she said. Merri is a loyal blog reader. I asked why she never told me I was misspelling her name. She said it made no difference to her.

Sat next to Brian. First time I met him. A Key West local. He works for a boat towing operation. An interesting business! I learned much from him. His company comes out to get you if you run out of gas or get stuck on a sand bar. They also do salvage work.

I wanted Italian for dinner. Stopped at Roostica on Stock Island on the way home. Enjoyed baked ziti. I have thus far eaten three pastas at Roostica. Lasagna, spaghetti and ziti. The pastas were all good. The sauce leaves something to be desired. Too light. Tends to be watery. I enjoy a thicker and more bodied red sauce. My Italian upbringing!

Roostica has been open less than a year. It is a gold mine. Always crowded. I must be the only one the sauce bothers. Actually the place is more of a pizza restaurant than pasta one.

You will recall when I returned from Italy in August, I flew Delta from Atlanta to Key West and seated next to me were Paul and his daughter Katlyn. Paul was a reservist and also a fire lieutenant in the keys. Katlyn a high school student. We had a great time. The conversation most enjoyable.

At the Key West Airport, Paul introduced me to his wife Tracey.

As I was eating, a woman came over and said hello. It was Tracey. She called over to Paul and Katlyn. Nice people all. I was happy to see them again.

Show time tonight! Blog talk radio! My show!

Join me at 9 for a half hour of interesting chatter about world events. Some topics eye openers. www.blogtalkradio.com/key-west-lou.

Enjoy your day!

TOM DIXON IN CHINA

I received an email this morning from my friend Tom Dixon. He, his charming wife Fran, daughter, son in law and son in law’s parents are in China. Good for them!

Tom told me they have been in four cities. All sold Beefeater Gin. He and the family have become accustomed to Beefeater martinis. Good once more!

Tom is an interesting guy. He comes from Buffalo. Still lives there. Visits Key West 3-4 times a year. He owns a piece of the Ocean Key House. A Syracuse fan. I enjoy his company immensely. I enjoy wife Fran’s company also, though she does not make all the trips.

Yesterday was Meet the Press time. I spent my morning in bed watching the political talk shows.

Lunch time found me at Higgs Beach. I needed sun. My body was looking white. My eyes required a bit of relaxation, also. Watching the bikini clad ladies.

Two hours was enough for me. I headed downtown to Duval. Poker Run festivities were still ongoing. I walked several blocks. Some had magnificent motorcycles parked one after another. I enjoyed a late lunch at one of the food stands. An Italian sausage sandwich.

Sunday dinner once again at Lisa’s. Jake went crazy when I came in. He is doing it again. I fear he is going to attack me. Then it is over and we are friends. Robert was doing last minute homework. Ally playing games on her tablet.

I changed my mind on the column for this week’s KONK Life. I wrote yesterday and early this morning about Pope Francis and why I believe he is a flaming liberal. Written with respect and admiration. Relatively short. If you have the opportunity to read it, I suspect you will agree with my characterization of the Pope.

I just heard from Dee. She is up in Boston teaching. I had not heard from her in several weeks.

Anna emailed me from Camogli. She spent yesterday in Portofino. Her son and my friend Antonio has been trying to reach me via Skype. He is working somewhere in southern Italy at the moment.

The weeks run by fast. Tomorrow is tuesday again. Tomorrow night my blog talk radio show. I will be chatting about the Pope, guns, and I don’t know at the moment what else. Join me. The show is a fast moving half hour. Nine in the evening at www.blogtalkradio.com/key-west-lou.

Enjoy your day!

NORTH and SOUTH

I enjoyed an unusual Saturday yesterday. I watched television most of the day. Not planned. That is how it worked out.

I was a history major in college. I had a special interest in the Civil War. I took extra courses involving the Civil War.

At noon yesterday, an old mini series appeared on TV. All six segments at one time. From noon till eight in the evening. Concerning matters which lead up to the Civil War. The series was appropriately called North and South.

I watched it all! I was in all my glory! As a result, I never went out.

The only interruption was when Lisa showed up with Robert and Ally to swim. I said hello, how are you and kissed each one. Then it was back to the television set.

While watching, I enjoyed a sandwich and a couple of drinks.

There are things happening that I would like to make comment regarding.

Toilet paper. Back in May, in this blog and on my TV show, I made mention of the acute toilet paper shortage in Venezuela. People were without! Still are! What could be worse?

Venezuela has a large toilet paper making factory. The government took it over this week. Nationalized it, in effect. Shades of Hugo Chavez. Actually, things were good for the people of Venezuela under Chavez. We may have disliked him. His people did not. He took care of everyone.

Syracuse football. Syracuse beat Tulane yesterday 52-17. Big! Syracuse has a new quarterback the last two games. It is said he is the difference. Plus, the defense has been playing unusually well. My recollection is Syracuse blocked four kicks yesterday. Three punts and a field goal attempt.

The proof of the pudding comes in two weeks. Clemson! A top team.

A tropical storm beat the hell out of Acapulco this week. Tropical storm Manuel. 100,000 tourists in Acapulco at the time. The airport is a mess and not in use. A military one is ok, however. Roads are wiped out. Mud slides everywhere.

I have visited Acapulco several times. Not the place to be when a disaster occurs. I was there when a minor one occurred. 40,000 tourists are still stranded. All waiting to be airlifted out by the military. Things will be tough until they get on a plane.

Germany’s national election is today. Merkel is favored to be returned as Germany’s leader. A shame. Europe teeters while Merkel continues to play her hard assed economic game.

Terri White. My friend, my love.

Robin Williams has a new television show. It starts this week or next. In the third show, Terri White will be guest appearing. A big deal! Watch for the show. I look forward to the day when Terri gets her own TV show.

Enjoy your Sunday!

KEY WEST POKER RUN

This is the weekend! Key West Poker Run weekend! The 41st year for this event.

The Poker Run has Key West giving itself over to bikers. More than 10,000 motorcycles have roared down US 1 into Key West. They leave with the same noise sunday evening and monday morning.

The bikers ride in on the most expensive motorcycles. Alone or with a companion. A wife or girl friend sitting behind them and holding on for dear life.

The Poker Run is a charity event. In the area of $100,000 will be raised. One of the recipients is the Key West Rotary Club. The Rotary turns the money over to specified charities.

Eight blocks of Duval Street have been closed off. A mini Mardi Gras atmosphere exists. Tents and stands. Cold beer and food. This afternoon in front of Sloppy Joe’s there will be a stage and all kinds of entertainment.

The bikers look like tough mean guys. Black leather vests, Hitler type helmets, etc. Most are doctors, lawyers, accountants and business men from all over the United States. Most have their bikes shipped to Miami. The bikers fly down and pick up their bikes in Miami. Then the 155 mile ride down US 1 with the sun, wind and water encircling them.

It is noise time, also. Big time noise! The bikes roar! However, this weekend no one cares. It is their time! Biker party time!

Did my tv/internet show yesterday morning. The Key West Lou Legal Hour. I heard about it all day and into last night. Viewers were excited about my supermarket comments/expose. Rising prices, corporate farms, favorable laws, and genetically modified seeds. The genetically modified seeds really hit home.

I had a good time last night. Unusually good.

My evening started at the Chart Room. Took me a bit longer to get there from my home in Key Haven. I was behind about 30 bikers coming into town.

A new bartender. Victor. He is filling in for Emily who is on vacation. Sheila and Peter holding court.

Met some terrific people.

Trish and Tommy. They live in Marathon. Marathon is all of 45 miles away. They periodically come into Key West for a fun weekend. We had some deep conversation about the economy. Nice people.

Then Mark and Kim. Locals. High school sweet hearts who found each other again after 41 years. Kim plays booce on thursday nights. My night. I will be looking for her from now on.

David was a no show. I wanted to play billiards with him this afternoon. I did not have his number and Sheila could not remember it. So much for billiards this afternoon.

Today is David’s birthday. Happy birthday, David!

I was hungry. Desired a good meal. Walked across Duval to the Hot Tin Roof. Chatted with manager Joseph a bit. Enjoyed scallops over a bed of extra wide linguine covered with a light oil. Finished the meal off with a snifter of Grand Marnier.

At that point, I should have gone home. It was time. My body was ready. I was prepped for bed.

Instead, I went to Don’s Place. Glad I did! I had a good time there, also.

Spent time chatting with Don, Michael, Nancy, Joanie, and David. I do not know who I love more. Nancy or Joanie?

Don introduced me to two young ladies. Karen was from Buffalo. Don is from Buffalo. Actually, Karen was from Amherst which is close to Buffalo.

Karen, I loved dearly! She reads my blog every day!

She is becoming a Key Wester. Has a condo at Truman Annex. She also is an acquaintance of a lawyer friend from upstate New York. Garry Outtrim. Garry practices in Herkimer, New York. He is associated with my law school class mate George Aney. Love George! George graduated somewhere near the bottom of our class. He turned out to be a most successful attorney. The best! George frequently joked about his class standing and his success later in the practice. He would say…..So and so was smarter than me, but I made the money!

Melissa was with Karen. Melissa is from Seattle. She has been living in Key West six weeks. Working. Still looking for a place to live.

I read an article yesterday about Pope Frances. The writer referred to him as a “…..flaming liberal.” I agree. Jesus was a liberal, loved everyone. Why should his representative on earth be any different.

Syracuse plays Tulane today. The Vegas line is 17 points. Syracuse is favored.

I was critical last week of Syracuse scheduling Wagner in football. Apparently it is habit forming. Miami, a football giant, plays Savannah State today. Miami is a 60 point favorite.

Enjoy your day!

GENETICALLY MODIFIED SEEDS

Finished my tv/internet show prep yesterday afternoon. The main story to be presented involved supermarkets, ag-farms, genetically modified seeds, increasing cost of groceries, and laws protecting the grower as opposed to the consumer. Guaranteed interesting!

Did The Key West Lou Legal Hour earlier this morning. Spent a lot of time on supermarkets, genetically modified seeds and Monsanto. If you missed the show, it is You Tubed. Will appear beginning next Friday. Enter Lou’s Legal Hour. All other shows available now on You Tube.

No bocce last night. Some of the courts had 3 foot in diameter puddles. All had water soaked clay at the ends. Too bad because I was psyched to play.

It was six o’clock and no where to go. Decided on Don’s Place. Stayed and drank with my team mates.

When I rose this morning, there was a full moon shining on the water off my deck. Beautiful! A God is good event.

Key West gets a lot of strange demonstrators. Far out types.

This morning I observed at the intersection of US 1 and Northern Boulevard a man sitting on a folding chair on the intersection’s island. His hair was green. His face covered with a dark gray cloth. Made him look like one of the combatants in the Syrian War. He had in his lap what appeared to be a gas mask.

I assume he was there to protest the chemical weapons problem in Syria.

Enjoy your day!

I DID IT AGAIN

It was after 6 last night and I was working away at friday’s tv/internet show. The phone rang. It was Don of Don and Chris. They were back in Key West for a few days. We had made tentative plans to meet at the Chart Room. Where was I? I begged off. Told him I had spent most of the day babysitting and never got to work on the show.

He told me Chris was concerned I was sick because I had not published my blog yesterday.

I forgot! This is the second time in two weeks it has happened. Old age is setting in!

Plain forgetfulness. In the seven years I have been doing the blog, I do not think I have missed more than six times.

My excuse a simple one. I had a 9 in the morning appointment with the foot doctor. No time to do the blog before. I intended to do it afterwards. Afterwards for the blog never came. Lisa telephoned and asked me to babysit. Robert and Ally were off from school. They take all of my attention when I am with them. The blog never entered my mind.

My apologies.

Chris was not the only one concerned. I went to my emails and found….. where is the blog?…..are you sick? inquiries from all over. Crete, Portofino, Falmouth, Toronto, Des Moines, and Syracuse. It is nice to know people care.

The grandkids and I did Pepe’s for lunch. Robert and Ally had never been there.

Tina bartends at Don’s outside bar several evenings. I discovered she also waits tables at Pepe’s. Has been doing so for 8 years. Some days she is up at 6:30 in the morning and not to bed till after 2 in the morning. Those days when she works both places.

Typical Key West. Everyone works 2-3 jobs.

I told Robert and Ally the pirate story associated with Pepe’s. I do not know if they believed me. Robert made mention that the construction of the building appeared more recent than the 1700s. An observant young man.

By the way, my foot appears healed. Boot and everything off. I have had no pain for a week. Ever since boot, etc. put on. Doctor says it was a tendon injury.

Late in the afternoon when I was free, I started working on friday’s show.

The Key West Lou Legal Hour will be an especially good one this week. I am taking on the super markets. The prices keep going up. Corporate America now owns and operates huge ag-farms. Special laws have been passed to protect them from lawsuits for the food products they produce. Interesting information! Surprising!

I will also be discussing how lousy our economy is for the 99 per cent, some interesting Saudi Arabia information, how we upset Brazil, why Larry Summers dropping out was good for America, and more.

Join me. Ten in the morning Friday my time. Via television from Key West through Boca Raton on Comcast Channel 87 and U-Verse Channel 19. Via the internet world wide. www.weyw19.com.

This morning’s Key West Citizen announced front page that Diana Nyad would be Grand Marshall of the Fantasy Fest Parade. Diana is the woman who recently swam from Cuba to Key West.

Bocce tonight! I can play! I missed not playing last weed. Besides the game, the comradeship combines to make bocce a fun evening.

The Seven Mile Bridge is a part of US 1. A part of the bridge was destroyed in the Hurricane of 1935. One of the worst. A category 5. Hundreds killed.

A portion of the old part of the bridge remains standing. The State has been caring for it. People use it for walks and biking. A popular place.

The State wants our county, Monroe County, to take over the bridge. Renovate and maintain it. The initial cost is projected at $62 million. I say, forget it! Let the bridge remain the State’s responsibility. And headache.

Enjoy your day!

SYRIAN SETTLEMENT, SUMMERS, NAVAL YARD SHOOTING…..TONIGHT

What a week! Already! Unanticipated developments world wide!

Tonight, I do my blog talk radio show. Come join me. It is simple to locate. Turn on your computer and enter www.blogtalkradio.com/key-west-lou. I will be there! At 9. A one half hour quick moving talk show. Listen to me via your computer as if it were a radio.

I will be discussing the folly of the Syrian settlement and why it will not work as anticipated, the good fortune for the United States that Larry Summers withdrew from Federal Reserve consideration, and the Washington Naval Yard shooting.

Spent yesterday researching and writing all day. Conferred with my publisher.

Last night was the Chart Room. David and I were at the end of the bar. I enjoy his company. We talked about everything from mountain bikes to billiards. We agreed to meet some Saturday afternoon soon at the Monkey Bar to shoot a few games. I have not played billiards since I was in high school.

Peter and Mary at the Chart room, also.

I was hungry. Craved a full meal. Went to Outback. A rib eye steak, baked potato with butter and steamed vegetables. I always smile at the inconsistency in my vegetables when I eat there. A baked potato buried in butter and steamed vegetables. I am satisfying my desire for the bad and need for the good when I eat them.

Enjoy your day!

BANDAR bin SULTAN

I spent the better part of Sunday yesterday working on my next KONK Life column. The one that will be published next thursday.

The article traces Bandar bin Sultan’s Middle East involvement and importance. He is part of the Saudi Arabia hierarchy. He has been a behind the scenes player in the Syria situation. Bandar is the man pulling the strings. The one seeking to orchestrate developments.

The column took six hours to complete. During that time, it was raining (actually pouring).

It was dinner time. I threw on my yellow slicker and headed over to Lisa’s for Sunday dinner.

Jake was not very welcoming. Our friendship may not be as solid as I thought. He was barking like crazy and confronted me in an attack mode. I think it was the bright yellow slicker. On the other hand, I thought dogs were color blind. I do not know why he did not like me. It took a while for him to settle down.

It was still raining when I left Lisa’s. I headed straight home. A little TV and then to bed.

A quiet day.

Tomorrow night my blog talk radio show! Tuesday Talk with Key West Lou. Join me. It will be a fast hard hitting half hour. Syria and Bandar bin Sultan will be discussed. As well as Larry Summers. I was glad to hear this morning that he had withdrawn his name from consideration to head the Federal Reserve. I have always thought Summers was out of step with the American people. He consistently favored the banks to the detriment of the public.

You can hear the show at www.blogtalkradio.com/key-west-lou.

Enjoy your day!