The Collapsing Stock Market

Many of our readers have IRA’s and 401K’s and investment accounts at financial firms.

During the past two months, we have witnessed the steady decline and volatility of the stock market and the inevitable impact it has on our investment accounts.

The good feeling caused by our investment accounts being flush with money have been replaced by the exact opposite situation.

Our investment accounts are declining, and precipitously.

What to do?

Many people sell when they shouldn’t and end up suffering horrible losses that take years to replenish.

Yet all of us need money, and this requires having money on hand to meet obligations.

How long can we watch our accounts disappearing before we have to take action – whether we regret it or not?

With the stock market tanking dramatically, and with talk of a recession, and with the reality of inflation at its all-time modern high, the market bust is a real time, heavy duty problem that burdens the minds of everyone that has something to lose.

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$239M City Budget Public Hearing For Public Speakers

Hanlon Rejects Dell Isola Call For Answers

By Josh Resnek

A required public hearing on the city’s $249M budget for 2023 attracted the outspoken voices of the vocal Everett trio leading the uprising against the DeMaria Administration.

The trio’s leader, former businessman and lifelong resident John Puopolo, did not mince words with the council about the budget.

“The mayor should resign. Don’t renew Demas’s contract,” he told the council and the ECTV audience.

“The budget has no sensibility for the people and for the changing economy,” he told the Leader Herald.

The trio of speakers raised a half dozen or more questions about the budget being bloated and wasteful, unthinkingly conceived and doomed to raise homeowner taxes.

An effort by Councilor Richard Dell Isola to have CFO Eric Demas answer questions that Puopolo raised along with speakers Paula Sterite and Sandy Juliano about what they consider the city’s out of control spending and failure to make cuts, was not considered.

None of the councilors seemed interested in their questions being answered.

“What difference does it make for us to be here if you don’t answer our questions?” Sterite asked.

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Summer Demands Salad Simplicity

By Josh Resnek

Hot meals always have their place.

But simple salad solutions for a groaning stomach require an added touch during the summer months.

Let’s face it, salads are super if you like them.

If you can’t get a salad down or don’t consider it proper for a lunch, then don’t read this.

I am always searching for the quickest, most delicious and sensible salad options during the summer months.

I don’t like to spend longer than 10-12 minutes putting together a quick treat. I like to also keep down the cost. It is a game in certain ways.

The salad concoction accompanying this article as shown with a photograph is a feast, if you ask me.

All you need is Arugula and iceberg lettuce, shards of fresh white onion, one avocado sliced properly, sliced cherry tomatoes that are sweet and zesty with juice and flavor and the meat additive.

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We Cannot Overlook and We Will Not Forget

In the past few weeks a number of elected officials have expressed the need for our community to heal and come together. We should clearly define what we mean by healing. Are you asking us to overlook and forget actions that are offensive to the majority of us?

You are not really trying to understand the diverse needs of our residents! The founding fathers clearly emphasized certain inalienable rights for every human. We cannot really heal when the main perpetrators and their allies are still in power.

How about this?

1. All ten councilors who have repeatedly refused to set a clear line against racist behavior must resign. They must do this in the name of those who were cast to the side and rejected by their own city government.

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— Eye on Everett —

THE BLUE SUIT

Frank discussions between Josh Resnek and the mayor’s Blue Suit

By JOSH RESNEK with THE BLUE SUIT

“This was a bad weekend. Very, very bad,” the Blue Suit said to me over lunch at the New Bridge Café on Tuesday afternoon.

“I think I know what you mean,” I answered.

The glow and feel of the New Bridge has been essentially the same for the past 35 years. The same bar, the same configuration of tables and chairs, the same lighting, even the same people tending bar and waitressing.

Woodlawn hasn’t changed. The New Bridge remains the same.

Tuesday about noon. I drive with the Blue Suit in the passenger seat from Elm Street to Chelsea. I cruise into the parking lot at Floramo’s Restaurant – “Where the meat falls off the bone.”

It is lunchtime. We walk inside the restaurant. We are seated immediately. Menus are brought to us. Hot bread and butter arrive instantly. Salads with Floramo’s dressing – wow, what a quick treat.

We scan the menus. We look around to see who’s eating at the tables near to us and seated at the bar.

The Blue Suit is distracted. I can tell when he’s uptight.

“What’s wrong?” I asked. “What can possibly be wrong? We’re here at Floramo’s. You’re about to eat about ten pounds of food. I’m going to pay and you look like you’ve seen a ghost. Actually, you seem like someone petrified. What’s got you scared? What’s with the uptightness?” I asked the Blue Suit.

“Look around, Josh. Look closely at whose eating here right now at nearly all the tables,” he said to me.

I looked around.

Lot’s of younger men with shorter haircuts wearing crisp dark suits were spooning their spaghetti or cutting into their ribs or steak tips while sipping on Coca Colas. None of them were drinking – a sure sign these lunchtime diners were not your average businessmen.

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