Thursday
Aug042011

The Zeitgeist with Howard Barbanel

     
A 1966 Pontiac Catalina Wagon (left), a 1969 Firebird and a 1983 Maserati Bi-Turbo Coupe (right).

All The Cars I've Loved Before

My car lease expires in about three weeks. We spend a lot of time with our cars and it can be argued they even become part of the family. I stopped buying cars about 15 years ago because I learned that, sadly, there is no free ride in this life. By that I mean that once you stop paying the bank on a car loan, invariably you start paying the various and sundry mechanics for anything and everything that breaks down or wears out.

You can rest assured that as soon as the loan is paid off, the warranty expires, the brake pads and tires need to be replaced, the wheels need alignment, the air conditioning needs work, new shocks and struts may be necessary (owing to the smooth pavement here especially on New York City roads) and far worse can unexpectedly materialize. That’s why I’ve been leasing. Car problem? Not my problem, it’s the dealer’s problem and every few years you get a brand spanking new set of wheels.

The cars we choose to drive often say a lot about ourselves, our self image, what we may look to project to outsiders and how much, if at all, we really care about all of that. They say that dogs often look like their masters. Cars also ape the image of their drivers and stereotypes abound. There’s the little old lady in the 30 year-old relic chugging down the street; the male senior citizen in his Cadillac; the greaser or “Guido” in his muscle car (Chevy Camaros, both old and new are the ultimate “Guido” car); the suburban white collar professional driving an expensive car imported from any country hostile to U.S. foreign policy; the mother of a large brood with the silver Honda mini-van, and so it goes.

The first car I owned was a maroon 1966 Pontiac Catalina station wagon with seating for 12 with more than 100,000 miles on the odometer which cost me all of $200. It got minus five miles to the gallon when gas was about 45 cents per for premium. The steering wheel was enormous and it took five turns from end to end. Bias ply tires. No shoulder belts.

Generally I associate my cars with whatever personal relationship may have predominated during my tenure with whichever car. There was my 1969 Pontiac Firebird in puke green with black vinyl top and no factory air conditioning that I drove from my senior year in high school through much of college. In high school I had two totally unrequited teenage crushes with two different Lisas, one who went to Woodmere Academy and one from sleep away camp. College was my time with Shelley from Staten Island who I met at an NYU orientation and Wendy from Brandeis University who I met on the beach in Martinique on a family winter vacation.

In the Fall of 1980 I bought a silver 1981 Ford Mustang GT with T-tops (remember those?). It cost something like $7,000 new. A real splurge. These were my University of Miami grad school years along with Alison from East Rockaway who I met at Boston’s in Delray Beach (FL) and then my first wife Cheryl who I met in the cafeteria at UM’s Mohoney-Pearson dorms. She was an R.A., so she had her own solo room, a real luxury in dorm terms. From there for a time I had a boring Pontiac Grand Am which was a company car. When that job ended I treated myself to a silver 1983 Datsun (now Nissan) 280ZX, silver with wicked black pin striping, T-tops, rear-window louvers and front headlight bubble covers. A five-speed manual, it flew like lightning. My first marriage having ended before buying this car, these were the days of my intense short relationship with Silvia who sold advertising for The Miami Herald and a multi-year long-distance relationship with Amy from Washington, D.C. who drove an old Mercedes she called “Mr. Benz.”

The “Z” got stolen right in front of my office (it was Miami, after all) and I replaced it with the ultimate flashy car, a used 1983 Maserati Bi-Turbo Coupe in forest green with so much wood, leather and suede inside that an entire forest and herd of cows probably sacrificed themselves for this vehicle. A great New Year’s with Jill from South Miami in this car. Alas, it was totaled after a mere three weeks of ownership by a woman with a suspended license, running a red light and barreling into me at 50 mph with an enormous 70’s-era Cadillac Sedan de Ville. The car was wrecked but I emerged thankfully unscathed. She was arrested. To replace the Italian job I went this time for a 1986 Toyota Celica Convertible, in white with black top and interior. When living in a place like Florida, what you drive is important and a part of the culture.

In 1990, I came back to New York and have been here ever since. For the first couple of years I didn’t have a car as I was living and working in Manhattan. Once I entered the wine business, I needed a car and the first one was a family hand-me-down, a small 1986 Cadillac Cimarron (also silver) that surprisingly was a very well-built car that I drove well past 120,000 miles with hardly a repair needed. As that car died, I went for a 1995 Chrysler Sebring coupe in some kind of turquoise blue that was a dealer car with 1,000 miles on it. These were the days I met my now ex-wife and spent nearly 15 years in various forms of togetherness. The Sebring (a horrible car) gave way to a used black Lexis sedan that was also stolen in Manhattan, after which we got a 2001 Chevy Blazer Xtreme (extremism in the pursuit of SUV’s in the last decade was no vice) in deep black. Moving to the suburbs came a succession of Jeep Grand Cherokee Laredos and as a second car, a used Toyota 4Runner.

As the Toyota was facing the end of its useful life, I procured my present set of wheels, a 2008 Mazda MX-5 Grand Touring with 18-inch alloy wheels, eight-speaker Bose sound system and retractable hard top. A real joy to drive, this is a fabulous car in every respect but for the fact that it’s somewhat haunted as my now ex split midway through my ownership of this car. I’m looking forward to driving something fresh and new, unencumbered by the ghosts of passengers past. Not in any relationship now, I’m hopeful that any new vehicle (and I’m dithering and tossed between four possible cars) will, as with prior cars, eventually come with a female co-pilot as standard equipment and not as an expensive option. With a few weeks to go, I’ll keep you posted on my ultimate choice of wheels, the co-pilot thing however may take a little longer.

Tuesday
Jul192011

The Zeitgeist with Howard Barbanel

Mets Manager Terry Collins (left) and General Manager Sandy Alderson

Rx for the Mets

For better or worse, I’m a Mets fan and have been that way since I was a kid. Being a fan of any team created in the 1960s with an “ets” as the major part of its name is coextensive with being able to endure and be inured to vast amounts of disappointment and even pain. The Nets? Moved to Jersey and then they became terrible. The Jets? They moved to Jersey and for the most part became terrible. The Mets? Well, at least they had the good grace to stay in Queens but apart for sporadic flashes of brilliance, are often prone to disappoint.

The Mets are actually tied with the Dodgers as the fifth most popular baseball team in America – up one notch from the number six slot last year – this according to a nationwide Harris Poll of 2,163 adults conducted online between June 13th and 20th by Harris Interactive. The Mets have risen steadily from the number 11 slot back in 2008. Hated rivals the Philadelphia Phillies are only ranked at number seven and the particularly loathsome Yankees are at the top of the heap at number one and have held that slot every year consecutively since 2003, yet another reason to despise them. Boston came in at number two and Atlanta third in American popularity.

One of the greatest assets the Mets have going for them is that they’re not the Yankees. By virtue of this alone, they are guaranteed a loyal cadre of fans irrespective of their prospects in any given year. I’ve worn my Mets hat at Baltimore’s Camden Yards (a great ballpark) and been high-fived by all and sundry in the stands and on concession lines. For Orioles fans, the enemy of my enemy is my friend. In Boston people give me the thumbs-up.

I’ve been to the new Yankee stadium with some good friends and felt like Christians might have when visiting Rome’s Coliseum back when the lions were playing there. (No, I didn’t wear my Mets hat).

This has been a year of less and zero expectations for Mets fans. Attendance is down by more than 140,000 for the first half of the season. The Mets ownership is besieged by lawsuits from the Madoff trustee looking for a gazillion dollars and the Wilpons also lost a ton of cash in the Madoff fiasco on top of this, which is definitely crimping their style and their cash flow. Hedge fund wunderkind David Einhorn is poised to put $200 million into the team but this hasn’t happened yet. The Mets have been saddled with some mighty expensive payroll obligations many of which are for dud players procured during the reign of former General Manager Omar Minaya who was a big believer in overpaying hyper retail price for fading stars, never-have-beens and never-will-bees.

In a year where so many of the team’s top stars have been on the disabled list (injuries are a constant plague for the Mets) surprisingly, as I write this during the All Star break, the Mets are actually over .500 (barely) but have been playing exciting, fun and scrappy ball manned by a team primarily composed of recent graduates from the Buffalo Bisons (the Mets AAA minor league club) and other minor league teams including their new manager Terry Collins who spent umpteen years in the minor league wilderness before landing the big job at CitiField. Collins has essentially pulled off the impossible by turning around the miasma of utter hopelessness, poor morale and dejection that pervaded the clubhouse for the past few seasons and delivering if not a pennant-winning season then at least a respectable one against heavily overmatched opponents.

Right after the All Star game the Mets traded away uber-expensive closer Francisco Rodriguez (“K-Rod”). K-Rod never lived up to his hype and generally delivered nail-biting and heart attack inducing performances in the ninth inning. Every team wants a Mariano Rivera so every team feels they need an expensive “Superman” closer to end the game. Realistically, there are maybe a handful of guys pitching today who fit that bill and the rest are wannabees and pretenders. Better for the Mets to rotate different guys from the bullpen into the ninth inning slot (or let a good starter finish a complete game, heaven forbid) and save the money K-Rod was getting.

Likewise as we approach the July 31st trade deadline the scuttlebutt is that Jose Reyes (probably the most exciting shortstop in baseball today) and Carlos Beltran may also be sent elsewhere. Reyes brings much momentum and drama to the team but he’s as fragile as a china doll – injured nearly every single year for some stretch or another and he’s on the DL right now. Can Reyes stay healthy for the next five to seven years? My guess is not as he’s always under the weather for some period and he’s only 28. Beltran? He’s never lived up to his potential, he’s pushing his mid-30s and he also costs a fortune.

My sense as a fan who goes to and watches a lot of games is let’s clear out all the deadwood along with the high-priced hand-carved mahogany – especially anyone and everyone associated with the ancien régime of Omar Minaya. That means high maintenance and temperamental pitchers like Mike Pelfrey. It means Reyes and Beltran. It also means David Wright who, while a heck of a nice guy and a good player, is no great player, no clutch player and no team leader. It means Jason Bay who was one of the biggest overpriced underperforming acquisitions of all time. Sweep them all out. I know I speak for many fans when I say, “let’s watch the young up and comers.” Tampa Bay won a World Series with these kind of guys. So have the Marlins. Let’s watch the hard charging Bisons out of Buffalo fight for stardom in the majors. It’s a lot of fun, it lowers the Mets owners’ costs, it lowers our ticket prices, it lowers our expectations, which in turn will lower our pain, heartache and disappointment. Met fans would rather root for young bucks on their way up than overpriced, underperforming lugs and we don’t need to try and mimic the Yankees with one of the biggest payrolls in baseball because that’s a contest the Mets will never win.

Tuesday
Jul192011

The Zeitgeist with Howard Barbanel

Speaker of the House John Buehner in debate recently with President Obama

Hit the Ceiling

(Editorial I wrote for The South Shore Standard, July 15th issue)

Television news this week has been awash in President Obama’s dire threat/prediction that if the national debt ceiling is not raised by Congress by the August 2nd deadline that social security and other benefits checks may not go out.

The debt ceiling is the maximum amount the Federal Government is permitted to borrow. Think of it as the credit limit on your MasterCard or Visa. If your limit is $5,000 and you’re already carrying a balance of $4,950 and need to charge another $500, you either need to get authorization from the credit card company for an expansion or increase of your credit limit or your new purchase will be denied.

Right now the U.S. is very close to maxing out on its credit. The limit is $14.3 trillion. Just for points of reference, take into consideration that in 1996 the debt ceiling was $4.9 trillion. In 2005 the debt ceiling was at $8.19 trillion. From 2007 thru early 2011 when the Democrats were in control of both houses of Congress the debt ceiling has risen from $9.8 trillion to today’s $14.3. That is an increase of $4.5 trillion or an average of $1.125 trillion a year in increased indebtedness and overspending. Just so you know, a trillion is a thousand billion. By comparison, the entire budget of the State of New York for the next fiscal year is $131.7 billion. New York City’s budget is $65.7 billion. That means that you could run New York State for over seven and a half years on justone trillion dollars. And New York’s spending is ridiculously high.

According to the Congressional Research Service “The debt limit…provides Congress with the strings to control the federal purse, allowing Congress to assert its constitutional prerogatives to control spending.  The debt limit also imposes a form of fiscal accountability, which compels Congress and the President to take visible action to allow further federal borrowing when the federal government spends more than it collects in revenues.  In the words of one author, the debt limit “expresses a national devotion to the idea of thrift and to economical management of the fiscal affairs of the government.”

The government is drunk with spending other people’s money – your money, our money. What the President is seeking is a more than $2 trillion increase in the debt ceiling – meaning he wants to borrow another $2 trillion and ramp the ceiling up to over $16 trillion. To supposedly pay for this he wants to raise our taxes, particularly on “the rich,” meaning folks and small businesses earning more than $250,000, which, we’re sorry to say, in New York doesn’t make you rich especially with the over 50 percent in federal, state and local taxes you’ll be paying on that quarter mil.

The stand-off between President Obama and The House of Representatives, more pointedly, with the Republicans is over the whole notion and philosophy of debt and spending. The GOP wants commensurate spending cuts to equal out borrowing. The Democrats want to raise taxes and spending. The GOP wants an end of deficit spending, advocating for a balanced budget amendment. New York State, New York City and Nassau County are all required by law to have a balanced budget, but not the Federal Government. The American people spoke quite clearly in the 2010 Congressional elections. They want fiscal probity.

The President is using scare tactics to try and pressure Congress to pass a higher debt ceiling. The government will not be broke on August 2nd, taxes come in every day. Social Security has a trust fund. Money will be there. It’s just that the government won’t be able to borrow and spend any more than they already have – they’d be maxed-out on credit.

The President could ask for a temporary debt increase for August and September while negotiations continue with Congress but he’s thrown down the gauntlet and wants the whole $2 trillion-plus and is ready to scare seniors, veterans and the disabled to do get it.

We think Congress should stand firm and not buckle to this kind of pressure. We urge them to pass a one or two month extension, send it to the President and let him decide if he wants to hit the ceiling or not. Congress should also pass spending cuts concurrent with the increase in spending. This is no time for weak knees and in this economy this is no time for increased taxes and trillions in more spending that we can’t afford.