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When Money Means Too Much

It saddened me greatly to read this article in the New York Times about the head of a Chinese Toy Company, who purportedly committed suicide after it was discovered that his company had used leaded paint for toys sold through Mattel in the U.S.

Two things stand out to me. First, that the company that provided the paint was run by a friend, and they provided this man’s company with fake samples. We don’t know if he knew this or not, yet we do know he felt responsible enough that he killed himself.

Second, we are not recognizing the underlying message here — that the drive to produce the cheapest products possible for Mattel not only has potentially poisoned millions of children, but has now cost the life of a businessman thousands of miles away.

The Biblical quote, “The love of money is the root of all evil,” never rings truer than when we see it cause death. What strikes me right now, as I prepare for us to move, is that these cheap toys – the ones this man died for – are the bane of my life. They complicate it, get under my feet, clutter my house, and – my son, their owner – he hardly even notices them. I have told him he may not get one more toy until we get rid of over half of what is in his room. I don’t mean to say he doesn’t enjoy his toys — he is very attached to a certain pirate hat and a penguin backpack at the moment — it is just that he has so much. Every time we go to a fast food restaurant, he gets a toy. I swear they multiply in his room at night. They overflow his toybox, and thanks to Toy Story, he refuses to throw them in the garbage. And really, he only plays with maybe a tenth of what he has.

And now someone has died for those toys, for little, plastic things. When will we get perspective on this, and start valuing what really matters?

SHANGHAI, Aug. 13 — The head of a Chinese company that was behind the recall earlier this month of more than a million Mattel toys committed suicide over the weekend, China’s state-controlled media reported today.

Zhang Shuhong, a Hong Kong businessman and owner of the Lee Der Industrial Company, a company that made toys for Mattel for 15 years, hanged himself in a company warehouse in Foshan, in southern China, the Southern Metropolis Daily said today.

There was no independent confirmation of the suicide. A person who answered the phone at Lee Der’s office in Foshan City, near Guangzhou, immediately hung up.

A spokeswoman for Mattel, which is based in El Segundo, Calif., released a statement this morning that said “We were saddened to learn of this tragic news.”

The death is the latest development in a year filled with prominent recalls and product safety scandals involving goods that were made in China.

Mattel, which makes Barbie dolls and Hot Wheels cars, recalled more than a million toys worldwide after discovering that they were coated with lead paint. The recall was one of the largest this year and included 83 types of toys, including Sesame Street and Dora the Explorer characters made under the Fisher-Price brand and sold worldwide.

A string of troubling recalls of Chinese-made products this year has heightened trade tensions between the United States and China and created a public relations disaster for China, whose economy and trade surpluses are growing at a blistering pace.

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At a loss

Can I tell you? I am still in the nightmare of packing and sorting. Thank you to all who have offered to help (we will be taking you up on it!) but some things I and only I can do, and that includes sorting and deciding what to keep. After yesterday, however, I did decide to make my life a teensy bit easier by eliminating one category of box — that of “things to sell.”

I spent at least a week painstakingly going through clothing, which I put into “keep, give away, sell” boxes and yesterday, between wanting to sit on my couch and feeling poor, I packed up all of our items to sell. We’ve been pouring money into fixing things up (on top of paying both a mortgage and rent) and I was so broke I couldn’t make a credit card payment. On top of that, we watched The Pursuit of Happyness Wednesday night and I was forever visualizing having to sleep on the bathroom floor of the public library on paper towels with my children if we didn’t get some cash coming in. So, feeling thrifty, I took some things around to sell. This is what mommies who only work part-time do, right? They are thrifty. They find cute little things to sell and keep the household afloat.

I went to Buffalo Kids first, which is a local used-clothing chain, and brought my small box of baby clothes in. “Is this all you have?” the lady asked, rather ominously. “Yes,” I replied. She sorted through the clothes (and an occasional adult clothing item) in about 30 seconds, put them all back, and told me, “I’m sorry, we can’t use any of these things.” “Oh,” I said. “Well, what sort of things are you looking for?” “Light, cotton, cute items,” she said. I held up a beautiful light, cotton pink dress that Maya had grown out of. “Like this?” I said. She sighed, as if she was so tired of dealing with these people, these people who wanted to sell her their used crap and said, “There’s a stain on it. In fact, all these things are stained.” “Stained?” I reply. She points to a miniscule purple dot hiding amongst the flower pattern. “Stained,” she says. “Mothers don’t buy stained clothes, particularly baby clothes.” Oh, okay, I think, trying to keep a straight face. I am remembering all the stained things I have bought from the Salvation Army and taken home to “save.” I am remembering picking stained clothing out of the trash bin in college and using my roommate’s fabulous stain remover on it (I still have a cashmere sweater from this era). But, saying nothing, I nod and pick up the box with one hand and Maya in the other and take my stained, dirty, white-trash self out to my stained, dirty white-trash Ford that is missing one hubcap. The woman does not so much as offer to hold the door as I balance my infant and box of stained, rejected clothing that, a few weeks earlier, I had been proudly dressing my daughter in (while saying of course, “That there dress done looks real good, honey, dontcha think?). I gritted my teeth and determined I would never shop there again (while grasping my bag containing an adorable summer outfit for Maya and a Ralph Lauren baby swimsuit. Stain-free, of course). The nerve. I had even taken out the things that had been explosively pooped on or had mysterious brown stains on it. I only had fancy stains on the clothes in this box, like applesauce and prune babyfood. In my world, that’s hardly a stain — that’s character. But Buffalo Kids, apparently, is not into “character.”

So, I went to the next store — Bookmans — also a local chain that sells used books. I again carry Maya in one arm and a large box of books precariously in the other. It takes 15 minutes for them to go through my box of books, from which they select four books. “You can take $17 credit for books, $10 credit for CDs or tapes, or $4 cash,” they declare. Since the last thing I want is to bring more books into my house, I take the cash.

I go to the next place, Twice as Nice, another local used clothing store, and again I balance baby and boxes and again I wait 15 minutes while they go through things. They are nicer here, and they do take some clothes, offering me $2.50 in cash or $5 in trade. I take the trade this time and use it to pay for 2 shirts that actually fit me.

Now I still have 2 full boxes of “stuff” to get rid of, so I get it to the car (the lady behind the counter actually helped me carry the boxes and opened the doors for me) and so I go look for a drop-off. After driving around for about 20 minutes in 90 degree heat, I can’t find where to drop the boxes off for the thrift stores closest to my house. I go home, drop the boxes by the curb, and look for a pen to write “free” on the side. I can’t find a pen. Finally I take off to pick up Ben from preschool.

By this time I am angry and frustrated, so instead of spending the afternoon packing, I go to a coffee shop and spend $9.

My totals for my trouble?
$4 cash plus $5 trade = $9, minus $3 in gas, $8.52 in shirts, $9 in comfort food, and $8.99 for two completely unstained baby outfits.

Total: -$20.51, not counting an entire wasted day.

I’ve decided that the Salvation Army? It is a deal. Giving them my crap not only eliminates other people going through my things in front of me, it saves me $10 a box.

Giving to charity never felt better.

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Kiva

Although I featured this site on my financial blog, it’s cool enough I want to talk about Kiva here, too. Kiva is an organization that handles microloans for 3rd world countries. Basically you choose an individual in a poor country to lend money to — a microloan — and then you get paid back with interest. Loans start at $25, and the site encourages you to “diversify” and give small amounts to several people rather than a large amount to one person. Apparently fully funded loans have a 100% payback rate and the rest is around 96%, which is pretty good. The coolest thing is that it is a really nice way to help people out while using your own money as an investment.

Mr. Morales has been a merchant all his life. Today, he has a small grocery store. He lives with his grandson, who helps him with the business. “We share responsibilities. It’s a great help to me that he stays with me. I want to improve my business, to buy merchandise and furniture to accomodate it. I am asking for $1,000.00.”29348.jpg

The best part is that this guy is a dead ringer for Redd Foxx, otherwise known as Fred Sanford in Sanford and Son.

It’s a bit ironic, since Fred Sanford hated the Puerto Rican neighbor in the show:
Julio: Buenos Dias, Mr. Sanford.
Fred Sanford: And beans and disease to you, too.

Fred Sanford: Ain’t you got some work to do, Oleo?
Julio: The name is Julio, Mr. Stanford.
Fred Sanford: It’s “Sanford”, Julio.
Julio: Okay, then.
Fred Sanford: Why don’t you clean your yard up? Go take a bath. Go milk your goat.
Julio: I did all that this morning, man.
Fred Sanford: Well, why don’t you go back to Puerto Rico?
Julio: Mr. Sanford, I told you. I come from New York City. And I can live in any 50 states that I want.
Fred Sanford: Well, how about Alaska? That’s a state.

Anyway, I had a little too much fun with the quotes but ah well…

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Kindergarten Hell

Ben goes to kindergarten next year, and we are currently in kindergarten hell. Extreme, you say? Well, it goes like this.

Last summer, I begin calling schools. “Oh, ma’am, you are wayyyy too early to look at schools! Wait until spring. Our kinder round-ups are in the spring.”

So February goes by and March comes and I think, “It’s spring! Time to go look at schools. I will not seem like a helicopter mom now.” So I call.

This is the answer I get. “Oh, you are out-of-area? Well, our deadline for out-of-area applicants was February, ma’am. You’re too late.”

What? What the hell? First I am too early, and now I’m too late. What part of “spring” is February? Don’t we call that “winter,” or am I crazy?

So now we are looking at private schools for Ben because our local school is a failing school (I mean really failing, as in “anti-graffiti program for 3rd graders” failing) and we have passed the deadline to get into other TUSD schools. The cost of private school is astounding, however; $5,970 for kindergarten. This is more than tuition for the U of A.

However, I toured the private school this morning and it is impressive. The question is, how to come up with $6000 a year for the next eight years? Because I don’t want to keep switching schools. That’s $56,000 for a primary education.

And the real question: is it worth it?

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