It’s National Library Week, so I’ve been thinking a lot about knowledge and the idea that knowledge should be readily available – for all. An informed populace is crucial to the health of the nation and a bulwark of democracy. The ability to think, to reason, to avoid being fooled, all these notions are tied to reading and easy access to the wisdom of the ages.
And this is exactly why libraries – and their contents – are under siege these days.
HuffPost’s Jennifer Bendery recently told readers:
“Librarians are living in constant fear. They have become the targets
of Republican politicians and far-right groups like Moms for Liberty
Liberty that are hellbent on burning books about LGBTQ+ people,
people of color and racism. Some librarians are quitting their jobs
because of constant harassment; others are getting fired for
refusing to clear shelves of books that conservatives don’t like.”
If that’s not bad enough – and it is – Bendery informs us there’s another evil twist in the tale: “The GOP’s censorship campaign has shifted from book bans to legislation threatening librarians with jail time.” Idaho’s tried several times to enact such legislation; this February, West Virginia passed a bill “making librarians criminally liable if a minor comes across content that some might consider obscene.” Idaho, Iowa, Alabama, and Georgia are also considering various means of keeping books they don’t like off the shelves...and they’re not alone.
The American Library Association’s Office for Intellectual Freedom shared some frightening statistics: “The number of titles targeted for censorship at public libraries increased by 92% over the previous year, accounting for about 46% of all book challenges in 2023; school libraries saw an 11% increase over 2022 numbers.”
Given these ever-more-frequent, ever-more-strident attacks, what can a concerned reader do to stem the tide of book-banning?
PEN America, an organization whose mission “is to unite writers and their allies to celebrate creative expression and defend the liberties that make it possible,” offers a number of ways to make one’s voice heard. Whether you’re a student, a parent, an author, or a librarian, PEN America provides advice, assistance, and resources to keep you informed and ready to push back.
The need to support the nation’s libraries is more urgent than ever. In Bendery’s HuffPost piece, American Library Association President Emily Drabinski draws a chilling conclusion: “What gets lost in conversations about book banning is that it’s really about eliminating the institution of the library, period. It’s not about the books. Well, it is about the books, but the books are the way in to gut one of the last public institutions that serves everyone.”
“You don't have to burn books to destroy a culture,” Ray Bradbury once said. “Just get people to stop reading them.”
Bradbury was one of the 20th century’s finest fabulists, the author of The Martian Chronicles, Something Wicked This Way Comes, and the worldwide blockbuster Fahrenheit 451. Published in 1952, the novel Fahrenheit 451 is set in a future where books are illegal and firemen don’t put out fires – they start them. Printed matter is what they burn.
Bradbury was writing in the tense, paranoid early years of the McCarthy era. But he might as well have penned those words last Thursday.
Support your local library. Speak up for the voices the hate-mongers would shut down. Before – as history’s proven again and again – they try to shut down yours.
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Students fight a book ban by giving away free banned bookswww.youtube.com
The New York Public Library has also weighed in on the matter, you can find its suggestions here.
Investing 101: How to get started on the stock market
Investing on the stock market can be intimidating, but we're here to help
Millennials don't trust the stock market.
That is the finding from the most recent Merrill Edge Report, which found 66% of Millennials trusted their savings accounts would be reliable in 20 years. In contrast, 71% Gen-Xers trust in their 401(k), while 54% of Baby Boomers believe in their pension. Generationally, it makes sense. Rock-solid pensions of the distant past were a foolproof reward for a life's work. The rise of the stock market from the 1980s-2000s made the same 401(k) seem like a safe profitable bet. And, the financial crisis of 2008–spurred on by massive institutional fraud rewarded with federal taxpayer bailouts—combined with years of stagnant wage growth, ever-increasing income inequality, and ever-higher cost-of-living expenses, means younger workers trust their saving accounts and nothing else. Can you blame them?
(Once and for all, avocado toast plays no role in whether Millennials save for a starter home. It's the impenetrable big-bucks-or-GTFO economy, not the breakfast food, stupid.)
It's understandable, but it's not necessarily prudent.
It's good to have savings, of course, but more as a short-term emergency fund. Long-term, there simply isn't enough of a reward. The national percentage yield average of traditional banks is only .07%, going up to 1.0% or a bit higher at at online banks. Look at it this way, banks take money from savings accounts and loan it out at much higher rates, so you're making it easier for fat cats who already live on easy street.
Investing is smarter for future financial health, and it isn't just for the wealthy. Here are some tips to get started, even with a small amount. Warren Buffett defines investing as "the process of laying out money now to receive more in the future." Your portfolio probably won't get up to $87-billion, but a little piece of Buffet's pie will offer future peace of mind. The "Oracle of Omaha" bought his first stock at 11, you've got catching up to do. Thus:
Get Started Today:
Investing can be intimidating, and nobody likes a no-fun eat-your-vegetables spending scold. (See: toast, avocado.) However, adding a few nip-and-spending-tucks, could give you an extra $10 a week, which is $40 a month to invest, almost $500 a year. Start with whatever you can afford because the longer you're in, the more money you'll make. Even if you start out with a saving account, getting in the habit is the important thing.
Collect Change in a Coffee Can:
If formal budgeting of some sort is too tough, try throwing loose change, crumpled dollar bills, and random poker winnings into a coffee can designated for investments. It sounds silly, but it adds up. It takes diligence not to treat the can as a beer slush fund, but it's an easy way to contribute more to your starter investment kit. There are also more options available if you start out with $1,000 than $100, so whatever gets you there.
Talk to a Professional:
Once you've decided investing makes sense, go to your bank and talk to someone about basic investment strategies. You may grasp the difference between low-initial-investment mutual funds (investments in a portfolio of stocks and bonds) and Treasury securities (savings bonds), but it helps to get outside advice on what is a better starting point. For a lot of us, financial literacy begins and ends with our bank accounts, so seek out those who know the basics of expanding your portfolio.
Enroll in Your Employer's Retirement Plan:
Here's a quick story about a stupid Gen-Xer, me. I once spent a year at a company without investing in my 401(k) until a co-worker told me "You know that's free money, right?" (Ron Howard voice: He did not.) The term "free money" is somewhat fungible, but many employers match whatever you contribute to the 401(k), which compounds over time. Start at 1% of your salary if it's all you can afford and increase it over time until it's a full match. Whatever you contribute, the retirement fund doubles. Call your HR department today.
Get Set Up with a Roth IRA:
If you're part of the gig economy and have no 401(k) option, then consider a Roth IRA, a retirement account that can be opened online in a matter of minutes. If you're single, under 50, and make less than $120,000 a year, you can sock away up to $5,500 a year. The beauty of a Roth IRA is your money grows tax-free and can be withdrawn tax-free. There are a number of benefits for Roth IRA enrollees, including for first-time home buyers, which is something you may become even if it seems impossible at the moment. Because down the line, you will have been investing for years, right?
Invest Online:
You don't have to wade into the murky bitcoin waters to get into investing online. There are much more basic websites and apps to help you learn and grow as an investor. One to try if you don't trust your ability to pick stocks and bonds at this point, sign up with Betterment, an automatically managed investment account that's user-friendly and charges an annual fee (as opposed to per transaction).
Good luck! And many happy returns.