This blog chronicles the life of me, David Serchuk, and my wife, Randi, right before, during and after the birth of our child, Stella Rae. We live in Louisville, Kentucky. Despite the name of the blog.
Tuesday, April 20, 2010
Nuclear Family Fallout
After a little while the subject of "help" came up. By help I don't mean domestics who clean the apartment. I mean simply having family members around who can help you with the child on at least a semi-reliable basis. None of us had any and all of us believed this is one reason why it's been so challenging and at times stressful for us as parents.
For us here in BBD Mansions this has meant that we almost never go out to see the movies, because baby sitters are prohibitively expensive. Since we don't have any family help we simply stay in instead. It's meant that we can't ever get a break from our adorable child. Not that we want a break from her, but other than the two days a week she's in daycare it is all us, all the time. And daycare just started in September. So for the first year and a half of her life we were the ones with her 99% of the time.
When Stella was born we also didn't have any real family help. So when she was colicky and not sleeping (which lasted more than a year) we simply were spent. No one came to relieve us, no one helped us with our apartment when it was a wreck. No one gave us a hand or cooked us a meal when we were wiped out from months of stress. It just didn't happen. This made the first year, and change, of our lives as parents extremely hard, and put a lot of strain on us personally.
I spoke to my mom about this, and she remembered how it used to be different. She raised our family in the suburbs, but back then baby sitters were cheap, something like 50 cents an hour. Today we pay from $15 to $25 in our area. That makes a movie cost something like $70-$75, conservatively. We really can't justify this, because I've been unemployed and Randi works part time. But even when I worked we couldn't do this very often.
When we want to see family we drive at least an hour to get anywhere, with traffic that can become two hours. So we don't do that a lot.
These days we've learned to switch off nights when either one of us have Stella. If Randi wants to hit the town, I can feed Stella, bathe her and put her to bed. No big thing. She does the same for me. We do this maybe a few times a month, maybe.
But when Randi was breastfeeding, and Stella had already rejected the bottle (so it had to be the breast) we didn't go out. We just didn't. Because without the breast Stella would cry all night until we got back, making us doubt if it was worth it at all to get some dinner down the block. We didn't have our first "date" after Stella's birth for, I believe, at least five months.
What I've come to realize is that all this is highly, highly unnatural. The nuclear family, in extremus, is just not a socially healthy way to raise a family, or indeed be a family.
Our situation is extreme, I realize. My wife's family is in Kentucky, and my parents are both almost 80. So most of the people who would be there for us are not able to help all that much. Most other people I know in NYC aren't in our boat.
This is a tough town when you don't have any real help with your kid ever. When no one can help you carry all your stuff up and down your third floor walk-up. When you never have an extra pair of eyes or hands on your kid. When you, or your spouse, is the only one ever there, ever, to feed your bundle of joy, wipe her, or clean her. Ever. It takes the pressures incumbent upon living in an intense town and makes them about 1000 times more real.
At the same time it also makes it so much harder to appreciate and enjoy the things about NYC that are so great. A lot of this is the social and nightlife. When you can't see your friends you start to feel isolated, as we did for almost a year straight, maybe more. When you can't see shows, or do improv comedy or any of that stuff you used to love you start to wonder if all the extra expense of life here is worth it.
Again, I do realize that our situation is not the norm. Many people have more family help than we have. But the model that our modern families are based upon I believe is a faulty one. I believe kids benefit from having a lot of family love around, not just love from mom and dad. I believe parents who get a semi-regular break from parenting are probably better parents. I believe all this is a symptom of a society that has evolved towards more and more isolation from one another, which is not good.
All this is a long way to say that over the past four days we had my mother in law Judy in, and it was great. Although the child rearing burden was 1/3 less due to the extra person it felt like a much, much greater relief than that. If I had to go to the bathroom if we were out I would simply ask Judy to watch Stella. She was happy to. If I was wiped out and needed to lie down for 10 minutes it was okay, Stella was with her mom and grand-mom, keeping Randi from getting worn down, or me, if the tables were turned. If we went to the playground there was another person watching our girl and playing with her. These might seem like little things, but the ability to relax for a moment, catch my breath, help my wife, have her catch her breath, was a godsend. It really was.
We've done the best we can, and I believe we are good parents. But I know we've also been stressed ones. I wonder, sometimes, if we would have turned out that way if we'd simply had just a little bit more help.
Monday, April 5, 2010
Link To My Huffinton Post article!
The piece about Glass-Steagall was posted on the Huffington Post! http://www.huffingtonpost.com/david-serchuk/glass-steagall-fans-are-n_b_523510.html
Check it out, leave a comment, show the BBD some love!
--Dave
Friday, March 26, 2010
Glass-Steagall Fans Are Not Fools
In a recent interview with my former boss, Steve Forbes, Barclay’s Chief Executive Bob Diamond said something truly shocking. The subject was financial industry regulation, specifically The Glass-Steagall Act. Diamond contended that those who wish to see the return of this act simply don’t know what they’re talking about.
This is his exact quote: “The thing I find interesting is that people that I’ve heard say, ‘Let’s return to Glass-Steagall,’ when challenged actually don’t know what Glass-Steagall was. And, you know, Glass-Steagall may or may not have been appropriate in the 1930s. We certainly shouldn’t be looking backwards; we should be looking forward.”
Wow, that’s a lot to parse in just three sentences. And far be it from me to take issue with the thoughts of a leading banker, but that’s just what I am going to do.
First, let’s be clear. I don’t know who Diamond has spoken to, but it’s fair to say there are among those that want its return who are smart, informed and experienced hands in the financial world. Among those hands none are more experienced, or indeed more respected, than Paul Volcker, advisor to President Obama and former Federal Reserve Chairman. He is also one of the few who can honestly claim to have righted a broken economy.
Let there be no mistake Volcker is very much in favor of putting Glass-Steagall back in place. I base this on his statements before Committee On Banking And Financial Services of The House of Representatives, on September 24, 2009. Though he never mentions Glass-Steagall by name this is what he said:
“I particularly welcome the strong reaffirmation of one long-standing principal—the seperation of banking from commerce—that has long characterized the American approach toward financial regulation.”
Folks, that is Glass-Steagall. In fact this is specifically what Glass-Steagall was drafted to do back in 1934: keep banks and brokerages from colluding because our leading politicians then, unlike now, recognized that when these combined it lead to financial ruin. Glass-Steagall was then in place, with some revisions, until 1999 when it was replaced by The Financial Services Modernization Act, aka The Gramm-Leach-Bliley Act. Gramm-Leach-Bliley in turn gave bankers what they had craved all along: unfettered ability to mingle banks and brokerages and watch them grow, grow, grow. This, to our sorrow, is exactly what happened.
A little perspective is in order. When people think of the financial reforms of the New Deal, often the creation of the Federal Depositors Insurance Company is what comes to mind. In reality the FDIC was the last major piece of financial regulation created during FDR’s initial sweep of big reforms. The first thing he signed into law was Glass-Steagall. That’s how important it was. That it took over six decades for it to be overthrown, despite near constant lobbying from the financial services industry, is a testament to how reasonable, how good, how strong a piece of legislation it was.
It is this legislation, which helped rebuild America’s financial services industry from the ruins, Diamond mocks. It is people like Volcker, that he belittles.
Look, no banker wants Glass-Steagall back. Passing G-L-B was truly like handing the keys to the inmates. Banks went hogwild, soon becoming “too big to fail.” How could they not?
This isn’t conjecture, it’s fact. At the end of 1999, just after G-L-B was signed into law the financial services industry comprised just 13% of the total value of the Standard & Poor’s 500 index. By three years ago, during the bubble, that total had risen to 20.1%.
Of course what goes up must come down and that total had shrank to 8.8% by March 9, 2009 after the banks imploded. Now flush with taxpayer money the banks are back up to 16.3%. The lesson: banks win.
When G-L-B was signed into law Senator Phil Gramm (R-Texas) crowed about his new legislation. His press release from November 4, 1999 reads today like the worst case of unintended irony ever:
“I believe we have passed what will prove to be the most important banking bill in 60 years.” Yup, just not in the way he intended.
Then he castigates the banking regime he just helped overthrow, calling it largely inefficient and, if you can believe it, “unstable.” That sound you just heard was you smacking your forehead in disbelief.
As for G-L-B he insisted the future looked bright. It will “open up new competition,”—it did the opposite, making mega-banking conglomerates. It will “create wholly new financial services organizations in America”—it did, much to our woe. It will “literally bring to every city and town I America the financial services supermarket”—and it did, until they all collapsed and we ended up owning most of them.
By Gramm’s own criterion Gramm-Leach-Bliley has to be considered a fiasco. This is from his closing floor statements from the day GLB was signed into law:
“How will people judge whether we were successful in passing this bill today? … My test is, What are we trying to do in the bill? Are we trying to benefit banks or insurance companies or securities companies, or are we trying to benefit consumers and workers? … Ultimately the final judge of this bill is history.”
It is and history has spoken … to the tune of $800 billion in bailouts and counting, funded by consumers and workers, benefiting banks. On second thought maybe I am being too kind to Gramm. It’s entirely likely his questions above were rhetorical … we just didn’t know it.
A small footnote: after his illustrious senate career ended in 2002 Gramm immediately got a job with, yes, a bank: UBS. This is not too surprising because from 1997 through 2002 banks were by far his biggest contributors. A press release from the day he was hired said he would advise clients on corporate finance issues and strategy.
One hopes his advised his clients on strategy better than his new employer did, because from the day Gramm was hired until now UBS has been an absolute disaster, with its share prices down 14%, while the plain old S&P 500 is up 45%. It too, got bailed out. Gramm’s midas touch continues, yet somehow we end up paying for it.
Saturday, March 20, 2010
Democrats Opposed To The Health Care Bill Need To Grow Up
Here are some of the highlights:
"Eliminating caps: If you buy a policy, a health care company will not be able to place a lifetime -- or annual -- cap on how much they will cover. This is will be especially important for those diagnosed with serious illnesses, such as cancer, who face steep medical bills.
Pre-existing conditions: The Senate bill includes $5 billion in immediate support to provide temporary coverage to uninsured Americans with pre-existing conditions. The money would help you until the new health care exchanges in the Senate bill are put into effect in 2014.
Children and pre-existing conditions: Another thing that's going to be very important, CNN Senior Political Analyst Gloria Borger said, is that there will be no exclusion of children with pre-existing conditions.
Dependent children: Your children will be covered until the age of 26.
"Children who are over 21 and may not have a job that pays their health insurance can still be on your policy," Borger said. "That's very important to a lot of families."
Small business tax credits: Those tax credits are aimed at helping small businesses buy health insurance for their employees. Tax credits of up to 50 percent of premiums will be available to firms that offer coverage, according to the Senate's plan.
Preventive care: All new insurance plans, Obama said, will be required to offer free preventive care in order to "catch preventable illnesses and diseases on the front end."
Appeals process: A new independent appeals process will be set up for those who feel that they were unfairly denied a claim by their insurance company.
Help for seniors: If you fall into the Medicare Part D Drug Benefit coverage gap, dubbed the "donut hole," you will receive $250 to help pay for prescriptions."
This sounds like an excellent bill to me then. It benefits small business, the uninsured, seniors, children, and is firmly in favor of citizens, not insurance companies and their ilk.It will save hundreds of billions of dollars, if not trillions according to the Congressional Office of Management and Budge. (See the full story here, the OMB numbers are at the bottom of the page.) I have heard that doctors would suffer under the new bill. If that is so someone forgot to tell the American Medical Association, which also endorsed the bill.
There is simply no reason to not support this.
Which is why I find it so annoying that all this rests in the hands of a few Democrats. Look, Republicans would never get behind any healthcare reforms, precluding the massive $500 billion giveaway they gave to pharmaceutical companies in 2005, under the watchful eye and arm-twisting of that highly respected conservative Tom Delay. (This is a link to the masterful "60 Minutes" expose on that unholy deal.)
But this is what you can expect of Republicans/Conservatives: obstruction for its own sake, being ill-informed on even their signature issues, and general hatred of all good, rational progress. They hate Obama, period, and were never going to give him a chance. They hated Bill Clinton, and never gave him a chance. Par for the course. What are they for? God only fucking knows. Because they sure don't seem to. God in schools, but no books? Hard to say.
Be this as it may I am much more annoyed by the holdups coming from Democrats than I am Republicans. How stupid, how venile, how spoiled a brat do you have to be to be against a bill that would expand coverage to literally women, children and senior citizens ... and men too? That eliminates the evil little spending caps insurance firms put on your policy? That reduces that bullshit "donut hole" that screws people who can't afford life-saving medication?
People are so ill-informed about this that I swear on a bible I met a woman in the airport who was against health care reform because she thought it would expand the so-called hole in the donut. This was a desperately poor woman in her late 50s, with few prospects and no money, literally scrimping to buy the drugs she needed to live. And somehow she became convinced that the bill would make that worse. It was so tragic. I had a copy of "The Wall Street Journal" with me that day, but I hadn't read it yet. After she left, I opened it and on the front page it described how the new bill would help close the donut hole. I almost wanted to flag down her plane, but it was too late. She still probably doesn't understand.
Is the bill perfect? No, far from it. Will we get a better one if this one doesn't pass? Are you fucking serious? If this thing doesn't pass, forget it, healthcare reform is dead for another 20 years. Does it have the public option? No, and for that I am sorry, and sad. But there comes a time when you have nut up and take the best deal offered, no matter whether it has everything you want in it. Politics is the art of the possible. This bill is possible. The public option, despite the reams of sense it made, and how well it works in every other first world nation, was not possible. We are a dumb nation. And if we think health care reform is expensive wait until there is real educational reform. This is an even bigger problem, because it will make the masses less easily swayed by dumb, illogical arguments. Those in power fear that the most.
It's not a perfect bill, but no one can say it didn't get properly aired and debated. And when I think of American history most of the best legislation was hard to pass. The civil rights era voting legislation was literally passed because LBJ rallied the troops around the recently buried body of JFK. Meanwhile horrible, malignant tumors like The Patriot Act and the passing of the useless Homeland Security mega-office, not to mention the Iraq War, and the horrifying Gramm-Leach-Bliley Act all sailed through when all the votes were tallied.
This is America: the good stuff comes out over the dead bodies of far too many powerful, entrenched, malicious idiots. The horrible stuff goes through with nary a hitch.
Monday, March 1, 2010
The Mayor Of Toddlerville

Okay, I am sure every parent thinks their kid is the center of attention, the kid other kids gravitate to. But I'm pretty sure Stella is all those things. In fact I've started to think of her as The Mayor. The Mayor Of Toddlerville, that is.
I first started to notice this when I walked in, late, to a local sing-along at The Oak and The Iris cafe, near us. Ms. Katie the singer was strumming along, all the kids were a-whirl on the floor before her, and there right in the front was Stella Rae, getting down as all the other kids spun around her, a light radiating from her smile, completely at home. The center of it all.
Other kids, I believe, kind of feel this way about her too. Stella has a few friends who run right up to her when she enters a room (she likes them too, it's not one sided.) Older girls, in particular, can't get enough of her, they crowd around her.
Stella even has some older, older friends that I don't know too well. There is one local nannie, a very nice woman, who comes over and talks to us (her) every time we're out together. But she's mainly talking to Stella. I'm just her spokesman at this point.
At Storytime Stella is always welcomed and greeted by the other kids and by Miss Cindy, who reads. She sometimes doesn't know the other kids names, but Stella? She picks her out right away. She's not always sure who I am, though.
Okay, I am surely biased here. Every parent thinks, no KNOWS, that their child is special. And they are. To them. Other people maybe don't care so much. But I get a feeling I am pretty much right on in thinking of Stella as The Mayor ... of Toddlerville. It's a wonderful place to be, but you can't stay forever anyway. Soon enough you have to move on to Pre-Schoolville. So then we'll see. I'm not too worried.
Sunday, February 28, 2010
My Beautiful Girl(s)
Friday, February 26, 2010
I'm Disorganized With A Bad Short Term Memory
I sit at my desk, with papers to the right of me, notebooks on my upper right. I am not sure what is in my various piles of paper. I always can find stuff, eventually. But sometimes eventually is a long time coming.
At work I get things done, I make lists, I execute.
At home I let projects linger, I forget to turn off the coffee pot, and it burns all day. I've done this several times. I have said I am going to stain our butcher block counter-top since I put it together, roughly a year ago. I have the stain and everything, I even have the brushes. I even have the sandpaper I asked Randi to buy because the unfinished wood has started to get stained by food. But I haven't done it.
I have promises to myself about things I would like to do, but I not sure, right now, about all of them. Because I am disorganized and have a bad short term memory. I made a list with all these things on it, but I feel like I even left some stuff off the list. In time I will probably lose the list altogether.
All this would be kind of cute, but it's making my life measurably worse. It frustrates Randi to no end, and rightfully so, because I am the master at only doing part of a task that she asks. She asked me to pick up some medication from the pharmacy, and they gave me one set of pills, but she had told me they would give me two. I had to go back and get the other once I got home. This made me late for a special dinner she had made for me for Valentine's Day. When I got home it was cold and I had to eat it by myself.
I've been late on paying our power bill, I've been late in returning library books and videos. It cost real money after a while. Folks, we live NEXT TO the library.
It's hurt my ambitions. I have found it harder and harder to make my extra-credit projects for life finished. I have sent out my book proposal to five agents, but I have six more to send it to. I have had their names for weeks.
Being disorganized with a bad short term memory means forgetting, sometimes, where you put your checkbook. Not a good thing to misplace. It mean I lost my birth certificate and had to spend two hours getting a new one. It means I haven't called the tax guy yet, though I said I would. It means forgetting to go to the super market on the way back from work, and then going once I get home anyway.
It means making my friends and family feel like they aren't as important to me as they are, because I forget things that I said I would do, or was late to do something that would have been easy to be early on. It means making life just that much harder on everyone, all the time.
It means feeling like a stereotypical doofus TV dad, only there is no laugh track. And the show never ends.
It means needing nine when the stitch in time would have been better.
It means not following through on so many things that I would like to do, and that would be worth doing.
It means making people I love feel less important to me than they really are.
It means having to apologize for things that I never should have done wrong, and fearing that some day this apology will be to my daughter. And knowing that I could undermine her trust in me.
I have finally started to realize just how dire a problem this really is. I don't know if I can improve my memory over night, but I want to take the first steps in becoming more organized. I ordered a book from Amazon about getting organized. If I am organized enough to read it I might get somewhere.
As for the memory issues, I think I have to be careful when I agree to do things to repeat the thing I agreed to do several times to myself at the point of agreement. Maybe sing it, and definitely write it down. When I make a plan write it in my day book. Then consult this same day book often. Often I write something down in the book and forget about it. Then when I read it later it's a virtual surprise to me, like a real boring version of "Memento."
But being disorganized with a bad short term memory is no joke. It's kept me from coming close to what I know is my potential: as a husband, father, writer and person.
I just have to remember to remember more.


