Understanding The BGFRS Beige Book

by C. Henry Adams

The acronym, ' BGFRS ' identifies Board of Governors of the Federal Reserve System.

In 1970, the Red Book which is now called, the ' Beige Book ' was established under the leadership of US Ambassador & Chairman of the Board of Governors of the Federal Reserve System - Arthur Frank Burns.

Unlike the illustration of a beige colored book shown above, this research information mentioned is actually recognized as the ' Summary of Commentary on Current Economic Conditions '.

There are approximately (12) twelve Federal Reserve Banks in the United States of America:

1)  Federal Reserve Bank of Boston
2)  Federal Reserve Bank of New York
3)  Federal Reserve Bank of Philadelphia
4)  Federal Reserve Bank of Cleveland
5)  Federal Reserve Bank of Richmond
6)  Federal Reserve Bank of Atlanta
7)  Federal Reserve Bank of Chicago
8)  Federal Reserve Bank of St. Louis
9)  Federal Reserve Bank of Minneapolis
10)  Federal Reserve Bank of Kansas City
11)  Federal Reserve Bank of Dallas
12) Federal Reserve Bank of San Francisco

...which report the following (8) eight circumstances:

A)  Summary of Economic Activity
B)  Employment and Wages
C)  Prices
D)  Consumer Spending
E)  Manufacturing and Distribution
F)  Services
G)  Real Estate and Construction
H)  Banking and Finance
This report is submitted (8) times per year.  Today is January 16th, 2019, thus the first of eight to be submitted for 2019.


  https://www.federalreserve.gov/monetarypolicy/beigebook201901.htm
 


As a Consultant since 1998 or for 21 years, I encourage you to learn more about the US Economy.

Well, these are my thoughts, what say you?

I welcome your comments.

Thanks!


C. Henry Adams
977 Montreal Rd
Box 1089
Clarkston, Georgia 30021
bienminc@gmail.com
CHA Linkedin 
(404) 254-7187

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Humility Has The Uncanning Way Of Helping One Understand Write-Offs

by C. Henry Adams

First, I would like to thank God for allowing me to see this day, a day never before seen and once its gone; it will never reveal itself again. 

Why?  Because, it is yet the beginning of humility for those of us who seek its new cycle while being aware that we still dwell on Earth.

A ' write-off  ' define in this particular blog is one person who has experienced a level of hardship, whereas, others disregard his or her abilities by assuming that their incapability to arise above despair during a season is inevitable. Thus, Associates, Friends and even Family turn their backs against the less fortunate individual.

If you are a believer in God (or) if you choose to simply think that He does not exist, I can not fault you one way or another. But, sanity should not be define by one's actions to correct mistakes, nevertheless, by their in-actions to correct their errors in life.

Personal experiences has lead oneself to believe that there is certainly a force far greater than its own.

Thus, the point of this discussion must apply here.  If you elect to write-off an individual, understand their current fate in life is not unlike your own.

Perhaps, some of us just rise above adversity better than others.  If you choose to forsake them (Write-offs), then one day during these never before seen cycles, someone will forsake you. 

Just a thought, I welcome your comments. 

Thanks for reading this blog.





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Not Just A Chess Game, But Wisdom From Youth

by C. Henry Adams


Recently, I had the opportunity to sat and play Chess with a wise young man at the age of 20 years old named, Kito Jones while in Downtown Atlanta, Georgia.   Prior to playing this particular opponent, I had the honor of playing Chess with other individuals.

Typically, because I have not played Chess in a number of years against any worthy or unworthy individual, instead of trash English talking in an attempt to 'Psych' my competitor out;  I often state the following excuse:

" I'm just practicing while playing Chess." 

But actually, I was really redirecting my mind to improve focus on creating 'Strategy'.

Nevertheless,  I was honored to recognized that young Kito Jones learned well from his own Father.  Kito told me that his Father started teaching him the Game of Chess at the age of 5 years old.

During a series of matches, he made some profound statements that any Father would be glad to hear.

He clearly understood that a loss is never a loss, unless you do not learn from it.

Perhaps, redirected - the above statement is a great life lesson learned when developing a successful venture of any kind.

When I asked Kito Jones to elaborate on the comment, he stated the following;

'When you learn from a loss, it becomes an experience.  Through experiences, perhaps you gain knowledge and wisdom.'I once heard  the following saying, 'Out of the mouths of babes, God speaks'.

Indeed he does in my professional opinion.   Well, these are my thoughts, what say you?

I'm C. Henry Adams, a Benefits Consultant.

Please feel free to give me a call at (404) 348-8319 to share your vocal response to this blog.

Please leave a voice mail message or text message with your authorization to share to the World.

Thanks!


C. Henry Adams
Benefits Advisor
Aflac
977 Montreal Rd
Box 1089
Clarkston, Georgia 30021
bienminc@gmail.com
CHA Linkedin 
(404) 254-7187

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