Author: Bill

Nachos

- Bill 1 Comment

taxesNow that I have your attention, it’s tax season. Hey, don’t kill the messenger.

Davenport Public Library tries to accommodate taxpayers that are e-file friendly, as well as those that need paper forms. For the record, the feds would greatly prefer that you do so electronically. 58% did so last year, resulting in faster filings and quicker returns… according to the IRS.

On the paper side, the Davenport Public library buildings are one of the few places which still distribute tax forms and publications you can use to prepare your return. The post office stopped this service in 2006. Though not a federal agency like the post office, we got a pallet of 50 cases last week. If the form you need is not one of the standard issue we stock in our displays at Main and Fairmount, one of the crack reference staff can help you locate it on the IRS’s labyrinthine site.

Most employers will be giving you your W2’s this month, if they haven’t already. Put it on the corner of your desk, but unlike last year, don’t wait until April 15th.

The Frugal Librarian #2: Mortgage refinancing

- Bill 2 Comments

frugallibrarianIf I could time the market, I’d probably be a millionaire and not working here. Or, living out of a cardboard box because I got cocky. Depends on how you look at it.

But this much I’ve read is certain…refinancing your mortgage can save you a whole bunch of money. The adage is that if a mortgage rate is 1% lower than your current rate, it is advantageous to pay the closing costs (around $1500) to have them rework your loan with the new rate.

With the economy, mortgages are at 37-year-lows. You are going to be hard-pressed to find a more competitive rate at another time. Plus, since the fed cut the short term lending rate yet again, this should move over into the mortgage market in the coming weeks, making things even more interesting.

Only a fool would feel pressured to make such a snap decision, but in the coming weeks this could be a bird in hand for your wallet. It only takes a minute to compute your scenario online. You may very well find that a cut from 6.375% to 4.5% is like someone handing you a couple hundred bucks each month. Yes please.

Here are the rates from some local lenders:

Ascentra Credit Union
IH Mississippi Valley Credit Union
Wells Fargo Bank

The Frugal Librarian #1: Energy Audit

- Bill 3 Comments

Welcome to our first installment of the Frugal Librarian. It is an empirically proven fact that denizens of this profession possess an uncanny sense of value. In turn, they pass that savings on to you, the consumer.

However, while some folks pinch pennies, this guy has actually been known to cut off the circulation to their extremities. This is his story.

frugallibrarianSomeone was saying something the other day about reducing one’s carbon footprint. I went to my happy place spiritually where I pretend I’m paying attention. When I came out of this trance, they were gone, as was their message about conservation. Shame.

While I am a responsible consumer, I am even more motivated by the massive amount of financial green (huh, see witty the play on words??) I can save with the MidAmerican Energy Audit. Here’s what happened. I called MidAmerican and they made an appointment to dispatch a representative to my house. At no cost, this man went from room to room taking measurements. Next words out of his mouth were, “Want some light bulbs?” “Yes sir. Yes sir, I do.” “How about a new shower head?” “Sounds nifty to me.” Make all the jokes you want about how thick one has to be to not be able to screw in a light bulb. Sometimes they don’t UN-screw safely. Does that punitively affect one’s cognitive credit score?

He also calculated that if I spend roughly another 900 dollars to put more blow-in insulation in my attic, MidAmerican will cut me a check for $600. The savings on the heat bill would pay for my portion of that within one year, he calculated, citing that 85% of a building’s heat loss comes from the top.

In under 40 minutes, with a twitch of his nose, off this jolly magic man went into the chill night. “On reasonably-priced economy sedan!” he bellowed. “Merry savings to all, and to all a warm night!”

Oracle of Omaha

- Bill 1 Comment

If anyone could time the market, we’d all be millionaires, right? Well we’re not, but one fairly accurate economic indicator are the words out of the mouth of Warren Buffett. He clearly knows what he’s doing.

So if you suppose you too can buy low and sell high, you don’t need to hand your wallet over to a broker in return for $20 commissions. If you’re interested in cutting your teeth, there are places where you can create small accounts with trade commissions of a few dollars. A great book to learn more is Investing Online for Dummies.

Or, an even lower up-front expense is creating a virtual account at Icarra, Zack’s Simulator, Bullpoo, Marketocracy, Hedgestop, or Investopedia to see how sharp you are with play money first. Then if there is another recession (let’s hope not) you’ll be ready.

Piled higher and deeper

- Bill Leave a comment

At one time the current quandry wasn’t the transition to hi-def TV, or television at all for that matter. What’s “stereo” mean, sonny?

On the Illinois side of the river was a signal at 1230 AM, the entire run from 1946-1983 is detailed in WQUA: Moline’s hometown station. It’s a delight to read about a simpler sonic time, when the day (choppy as it may have been formatically) was filled with personalities and public service blasting out of downtown Moline with a mere 500 watts of monophonic glory. Draw your own comparisons to todays offerings.

Toward the end you’ll recognize a few names of today’s local senior statesmen of radio and television.

Marvel at this 1950’s stunt from Ed Grennan’s Problems and Solutions program…

“One time a man from the sewer department called and said he had a large quantity of human waste that had been processed into fertilizer. Evidently it was good for gardens. The city was giving it away for free, but the people had to bring their own buckets and shovels. I’m not kidding you…I had 500 people out there shoveling ****.”

2 1/2 Weeks to a New President

- Bill 2 Comments

…but you don’t have to wait until then to get the job done.

The Fairmount Street library is a satellite voting location for the upcoming general election. This means that from today through November 1st you can walk in and cast your ballot early. You can avoid the November 4th hustle, and while you’re at it, enjoy the library for a bit. For a list of Scott county satellite voting times and locations, click here:

The Scott County Auditor’s office website has a sample ballot, a search engine to determine your polling place, and a section where they will tally the results.

You have 5 more days (Deadline Oct 25th) to register if you haven’t already.

Like shopping the day after Thanksgiving, some folks really get a kick out of being in the thick of things and pulling the curtain on the big day. And then there are some of us that would rather sleep. What do you think?

Worth the wait?

- Bill 2 Comments

Perhaps the Chinese Democracy album by Guns and Roses is named as such because it will be a cold day in hell before it or the real thing happens. If it were a person, it would almost be getting it’s driver license by now. Most of us were IN high school when they started working on it.

Two things you can be certain of after reading a bit of the new tell-all Watch you Bleed: The Saga of Guns n’ Roses :

1) Lead singer Axl Rose (real name William Bailey) has a violent temper and inflated sense of self-importance. Peruse the list of original band members and countless replacements that now refuse to sit in the same room as him for proof.

2) Their breakout recording “Appetite for Destruction” is consistently in the top 40 rock albums of all time, and has been certified as platinum over 18 times with worldwide sales over 28 million. The band’s lifestyle during this era was one ridden with Sodom and Gomorrah levels of excess as they climbed from the level of homeless drug dealers and grifters to multimillionaire addicts. The most shocking revelation is how none of them are corpses.

If you like Nicholas Sparks, this is NOT the book for you. However, it was penned by Stephen Davis, the same author as the definitive Led Zeppelin biography Hammer of the Gods.

The latest scoop is Chinese Democracy will be out around Thanksgiving. Of course, we’ve heard these whisperings before, only to be interrupted by another lunatic fit from the namesake’s rebel who is now in his late 40’s.

Although, the Cubs have a good shot at the World Series this year, so who knows?

General Election 2008

- Bill Leave a comment

In just under two months it will be over. You can a) duck and cover until the smoke clears, or b) eagerly watch how these races are unfolding.

But, you don’t need a network talking head to monitor the gallons of ink and glowing pixels expended on the elections until November 5th…you can check on them yourself in mere seconds.

Zogby and Pollster are impartial data-gatherers with simple and interactive maps refreshed every time new numbers come in.

When the fated day comes, the library receives many calls about where to go to cast a ballot. The answer is found by typing in your address on the Scott County Auditor’s site.

Here are the local contacts for the McCain and Obama Campaigns:

McCain Eastern Iowa Victory Office
1880 E. 54th Street
Davenport, IA 52807
Contact: Amanda Sebastian
asebastian@iowagop.org

Scott County Obama HQ
901 E. Kimberly St
Davenport, IA 52807
563-386-1721

It’s what’s for dinner….during Lent

- Bill Leave a comment

To be filed under the category of “where does it come from” is Richard Ellis’s Tuna: A Love Story. There are all kinds of fish facts to amuse your dinner company, including:

* What you’re eating out of the can scientifically isn’t tune per se, but a member of the family called skipjack.

* The largest fish market in the world is in Tsukiji, Japan. Every day, this icebox is loaded with catch from around the world and millions of dollars are exchanged. One fish brought $173,600 US in 2001.

* The purse seining method of tuna fishing leads to the deaths of thousands of dolphins per year. If a can is labeled “tuna safe”, it merely means a good faith effort is made to rescue as many as possible, and these regulations are far from a global standard.

* A highly-prized bluefin tuna (a rich dark red meat unlike our Starkist, Bumblebee, and Chicken of the Sea) can fetch upwards of $400 a pound. The sushi restauranteur marks up from there.

* Around one in 40 million tuna eggs will make it to adulthood. Once they do, however, few species can compete physically with a quarter-ton fish that can swim in excess of 50 mph.

* The insatiable appetite and unlimited finances of the Japanese for this delicacy may very likely result in the species’ extinction in the future.

Sorry Charlie!

Apocalypse, Atheists, the Ark, oh my!

- Bill Leave a comment

How important is religion to you? Well it’s important to someone, as several of these new red-hot religious book have a starting print run of 200,000 copies.

Here are a few titles that just came off the mountain at DPL for your perusal:

Sylvia Browne – End of Days: Predictions and Prophecies about the End of the World
The world has become a scary place—religious wars, global terrorism, and genocide are all over the news, and thanks to the Internet, the Information Age has ushered in the Anxiety Age. Who better to lead the way out than Sylvia Browne, the most popular psychic working today?

Jack Kerouac – Wake Up: A Life of the Buddha
Published for the first time in book form, an account of the life of the Buddha by the author of On the Road

T.D. Jakes – Before You Do: Making Great Life Decisions
A guide by the author of Reposition Yourself identifies twenty-five spiritual and psychological tools for reevaluating one’s place in life before making decisions about relationships with family, friends, and others

A Friendly Letter to Skeptics and Atheists: Musings on Why God Is Good and Faith Isn’t Evil
Social Psychologist David Myers admits that many people throughout history who have claimed to believe in God have caused much evil in the world. He is respectful of his atheist interlocutors, like Richard Dawkins, preferring to discuss how Surely, in some ways I’m wrong, you’re wrong, we’re all wrong.

The lost ark of the covenant: Solving the 2,500 year of fable of the biblical ark
With painstaking historical scholarship, groundbreaking genetic science, and hair-raising fieldwork, Parfitt, who the Wall Street Journal calls “a British Indiana Jones,” debunks the previous myths and reveals the shocking history of the Ark and its keepers. From Israel to Egypt, Ethiopia, and the ruins of Great Zimbabwe, the journey leads to places Parfitt could never have imagined.

Anne Rice – Called Out of Darkness: A Spiritual Confession
In a haunting memoir, the best-selling author of Interview with a Vampire presents an intensely personal journey of faith that records her New Orleans Catholic childhood; loss of faith and involvement with secular humanism; the alienation and tragedy that marked her life; and her eventual return, after thirty-eight years as an atheist, to New Orleans and a belief in Christ

Joel Osteen – Daily Readings from Become a Better You: 90 Devotions for Improving Your Life Every Day
An anthology of inspirational and motivational readings by the pastor author of Become a Better You includes pieces that illustrate his seven principles for leading an improved life