Like other baby boomers, I donate to my favorite college.  Many boomers give to their alma mater, either for the sports program they love or to fund specific capital giving.  But the economic situation has all that giving in jeopardy. 
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FoxBusiness reports that alumni giving is not much affected by changes in economic situations, because alumni figure that giving back is part of their “dues” for what the school gave them. I’m not sure I agree with that.  Given the choice between re-funding my IRAs and giving to my undergrad institution, I think I’d choose the …read more

Have you heard the story of the boiled frog?  The didactic tale tells of putting a frog in water and gradually, oh so slowly, turning up the heat, until, in the end, the frog is boiled.  And the frog has made no attempt to jump out.  The “moral” of the fable is, from what I’ve been told, that you can get someone to be accustomed to any situation simply by changing the environment very, very slowly.  And the person, or people, is “boiled” before they know it.  While it’s probably not true that you can boil a frog , the …read more