"You Are Not Alone" won't officially be released by Anti-Records until Sept. 14, but already it's one of the most anticipated discs of the year: a collaboration between Chicago treasure and soul and gospel legend Mavis Staples and Wilco bandleader Jeff Tweedy.
Aug. 10, 2010
Aug. 10, 2010
Michael Phillips and Tony Scott
The longest running and most respected movie-review show in television history will tape its final broadcast today for airing this weekend. And when it's over, the imaginary balcony that Gene Siskel and Roger Ebert first opened in 1975 will be closed forever.
Aug. 9, 2010
A firefighter tragically fell to his death early this morning around 1 a.m. while battling a grease chute fire that broke out at Avec, a wine bar and restaurant in the West Loop. Chris Wheatley, 31, fell 35 feet while ascending a ladder on a fire escape and was rushed to John H. Stroger Hospital, where he was pronounced dead. Time Out Chicago reports that Avec was not in violation of any codes, and that the restaurant is temporarily closed so that it can recover from the effects of the fire.
Aug. 9, 2010
Joanna and I meet in a north side coffee shop, an interview tip from a friend. I know only that she is a commodities trader, and so when she walks in fresh from the farmer’s market in an outfit more suited to a gardener than a financier, —All-American-style cute and quick to laugh—I’m immediately intrigued.
She’s telling me about changes at the commodities exchange, where she’s worked for seven years, since she was 19.
[In June of 2008,] Bear Stearns started to crumble and so the pattern of what works in that world, which had worked very well since the early ‘80s—the pattern of, you invest in things and it usually always works out—that was broken somehow in 2008. That stopped working as well.
I’m one of the younger people that’s doing this job. I’m surrounded by people that are in their 40’s and 50’s and have been doing it forever, and it’s been interesting to see their reaction. They’ve reacted a lot more strongly and I can see how hard it is for them to try to reinvent, to try to figure out these patterns again. It’s been palpable to see how that’s affected people. There’s been a lot of self-doubt.
What’s it like being surrounded by male peers around twice your age?
It’s hard. It’s empowering and feels limiting all at the same time. Most of the time I’m cocky enough to think that it’s a good thing and I don’t think I could have done this job for this long if I didn’t have that sort of mentality. But it’s almost frightening sometimes to think, There something that I’m missing here. Is there a reason that there isn’t anyone that’s my age that’s here? Is it because there’s no future here? Is it because it’s that difficult to get into? There are a lot of questions like that I wrestle with, but most of the time it feels pretty cool [laughs]. Most of the time it feels like, Wow, this is quite shocking that I’m here and that I can do this. I didn’t have any idea, when I walked in, what I was walking into.
The old-school guys that used to flash their hands in the pit—that’s who I am, the modern version of that. I have access to eighty exchanges globally, which means that a client can call me up and say, I want to trade the Singapore Stock Index versus the London Stock Index, and I can trade Chicago wheat versus Kansas City wheat versus Paris wheat versus the wheat that’s traded in Canada. So I facilitate trades when I can trade on an exchange.
Through that the modernization of the markets, rather than just being a broker that can trade one product, now we have access to all of those. Obviously, the more you can trade, that’s a better position to be in. So a client will call and say, I want to trade this market, and sometimes they’ll say, What do you think about that? Or, Knowing my style and what my position already is, how do you advise that? I’ll respond and say, OK, I think you should do this or do that, and then facilitate the transaction. Now that the markets are all electronic, I’m on a computer, so I have a bunch of different computer screens that I’m trading through electronic platforms. I’m in Chicago, so we have the fastest connectivity to the Chicago markets. It’s still sort of antiquated enough that you have to be close to the markets to actually trade as fast as you should be able to.
It’s also just part of the older version of trading, that you’d think you’d want to call somebody in Chicago to trade Chicago markets rather than somebody in London, because they know it better. They’re there, right? There is still some idea of proximity, and proximity is knowledge. I can trade London, but do I pay as much attention to the London interest rate market and what their central bank is doing as much as I do to the US? No not really. But I can trade it.
I read about the fundamentals of the market and commodity reports, crop reports and things like that. Stock analytics of different companies. Being a broker, you’re sort of an information gatherer, all the time. You have to be well informed.
I recently started reading about farm legislation. Through reading some of the agricultural reports about crop production and what was happening, I started reading a lot about Monsanto and GMOs* were effecting crop production. I spent some time thinking about the way that food is produced in the US, and through understanding that on a really global macro sense, I wanted to be more interested in how it happens locally. So then I started reading what happens with GMOs and what that’s doing to our farmland and what that’s doing to crop production. I started thinking about how I could be an advocate for that, as a person who’s totally involved in helping that market continue, which is a little bit of a catch-22.
It feels like a conflict for me. I don’t think that I’m going to be brokering when I’m 50, so part of what I’m doing right now is exploring other avenues in my life. Well, sometimes it feels like a conflict, but sometimes I think my personal role is not so grand for it to be a conflict except just for me, so the conflict is my own. My tiny universe isn’t as big as I sometimes think that it is. But it feels conflicting that I’m helping extremely large corporations make more money and manage their finances really well, and then not doing anything for all of the smaller farmers and the people that are being employed on those farms and things like that. When you start to talk about immigration and worker strikes and things like that you’re talking about large corporations, so it feels very conflicting that I only want to buy small, locally produced meat and I don’t want to drink soda and I want to help small farmers work together and sort of fight against big corporations. Then during the day, I’m helping those big corporations hedge their production, and I’m helping soda companies hedge their sugar-buying and things like that. That feels pretty conflicting to me.
*”GMO” stands for Genetically Modified Organisms, or genetically modified foods.
Aug. 9, 2010
Raise your hand if you were at Lollapalooza this weekend.
Wasn't it just fantastic?!
During one of the shows Saturday, with the Lollapalooza banner across the top of the stage, I noticed this about the first three syllables of the word:
LOL LA PAL
And doesn't that totally define what the festival is all about: Laughter! Music! Friends!
(Work with me here... I mean, I thought that was kinda cool. And I wonder if the concert promoters ever noticed that...)
Aug. 9, 2010
Outstanding in the Field event in Elkhorn, Wisconsin
Like a barnstorming tour worthy of Alice Waters, the Outstanding in the Field tour hit the Chicago area last week. On Monday, Dietzler Farms in Elkhorn, Wisconsin played host to Vie chef Paul Virant; on Wednesday, Province's Randy Zweiban served dinner with the aid of Growing Power farms in the middle of Grant Park. The next night, Hot Chocolate's Mindy Segal prepared an elegant meal (featuring little quails) at City Farm, at the nexus of Clybourn and Division. Finally, on Saturday, the boys from The Publican and Blackbird cooked a meal at Kinnickinnick Farm in Caledonia, near Rockford. All in all, it was a week of true farm-to-table eating. Hope you enjoy the photos.
Aug. 9, 2010