Saturday, May 31, 2008


Last night I went to see the Sex and the City movie. It was a Friday opening and I don't normally do this but I went with some of the girls in my family and I thought it would be fun. I haven't been to a movie theater in a long time and the one we went to, the Pacific theater in the Grove, is one of my favorites.

I knew it was going to be a popular movie, but I hadn't counted on Star Wars circa 1975 type line or the cheer that went up when the opening titles came on the screen.


We went to the 5:05 show and the line went all the way down past Crate and Barrel, around the curve at Nordstroms and headed toward Abercrombie and Fitch. It was a battle to find four seats together and while you might think, or at least I thought, the theater would be mostly women, this was not in fact the case. It was probably 30% gay men and their girl gangs.

Again - OHMYGOD!

The movie was good, but I didn't need to see it on the big screen. SJP looks frighteningly gaunt on the big screen as her thoroughbred legs tottered around on her Manolos. I was scared she might end up like Eight Belles. Without spoiling anything I found her performance to be very courageous as far as personal vanity goes - so kudos to her.

The movie aside what I experienced at the theater that I haven't in a really long time is the kind of buzz and audience participation, which indicates HUGE box office, the likes of which hasn't been seen in theaters since, well, Star Wars, or Saturday Night Fever or Indiana Jones (the first one). Those were movies that I paid to see over and over again because I couldn't get enough.

I would be willing to bet that at least 1 in 3 people who were at the theater last night will pay to go again. They'll want to go with other friends, maybe the ones that they used to get together with to watch the show when it was on HBO. They'll want to go because they have missed their friends: Carrie, Miranda, Samantha and Charlotte.

We are in a recession.
A slow down.
A credit crunch.
Interesting times.

It's a cycle and we've been here before, but in my lifetime when this has happened someone else was taking care of me.

I've never had to deal with economic uncertainty like this in my adult life. I think that it's also more challenging for me than ever before because I'm part of a small company that is literally struggling to stay alive every single week. Since the fall of last year we've had 6 million dollars in contracts go "on hold". Buildings that were supposed to be in construction right now are not. So every day we are trying to develop new business in a market that's stone cold.

Scary times.
Feels like a recession to me.

I've had to lay off 4 guys. One of them had a baby the week before I let him go. I desperately want to get a new contract so I can bring him back to work. He calls me to see if we've gotten anything and I tell him that I will let him know, but he should be looking for work, not waiting. He tells me there is no work. Everyone in construction is looking for work.

The other day an investment broker came into the office to meet with Adi who couldn't make the meeting because he was out with bids. I sat down with him to hear what he had to say and he started with, "First of all we're not in a recession." He emphatically supported that statement by telling me that the "numbers" say that the economy is still growing.

I wonder if my former employee with the brand new baby and no job would agree with that statement?