My Autobiography, Charlie Chaplin

The Book of the Week is “My Autobiography, Charlie Chaplin” published in 1964.

Born in 1889 in London, Chaplin had a traumatic childhood. Both his parents were vaudevillians, but his father had trouble with alcohol; and his mother, with her voice. Thus, they found themselves unemployed. Their relationship suffered, and they separated. Chaplin and his older brother lived with their mother in a hovel. Unsurprisingly, his father failed to pay alimony and child support. Chaplin was pushed by his mother onstage beginning when he was five years old.

A commune known as a “workhouse” took in the family. The mother crocheted lace cuffs and the kids attended school. After two weeks, they were transferred to a suburban workhouse. Boys at age eleven were conscripted. So Chaplin’s brother entered the Navy. His mother, however, suffered from mental illness, and was institutionalized. Chaplin went to live with his father in a London slum.

At nine years old, Chaplin showed a true talent and passion for performing. His father got him into a clog-dancing troupe. Later, he lied about his age to get hired by an acting troupe. He had natural ability to play comic characters.

In autumn 1911, Chaplin by chance got into the then-silent motion picture business (only musical sound tracks– no talking), replacing another actor in Hollywood. It was then he created his Tramp character. He was allowed to try his hand at directing and writing, although the bosses of that period were still clinging to their tired “Keystone Kops” scenarios of slapstick chases. His fresh approach that evoked an emotional response became wildly popular among American audiences. He immediately became a legend. Once he came into his own, his brother became his business manager.

“Fulfilling the Mutual [film company] contract I suppose, was the happiest period of my career. I was light and unencumbered, 27 years old, with fabulous prospects, and a friendly, glamorous world before me.” Chaplin and his friends Douglas Fairbanks and Mary Pickford found out that the movie production companies were going to merge, lower the outrageous pay of actors, and take control away from them. So Chaplin et al formed their own production company, United Artists.

During a trip on W.R. Hearst’s yacht, the Hollywood director who had taken over Hearst’s film production company, had a heart attack. Chaplin wrote, “I was not present on that trip but Elinor Glyn, who was aboard…” told Chaplin about the episode. The ridiculous rumors regarding the director’s murder were false. “Hearst, Marion [Davies] and I went to see Ince [the director] at his home two weeks before he died.”

Read the book to learn a wealth of other details of Chaplin’s life, and why he moved to Switzerland with his family; get the explanation– straight from “the horse’s mouth.”

boys in the trees – BONUS POST

The Bonus Book of the Week is “boys in the trees (sic), A Memoir” by Carly Simon, published in 2015.

Born in 1945 in Manhattan, Simon grew up in a wealthy, dysfunctional family of four children. Her father was the co-founder of Simon and Schuster, the publishing giant. When Simon was eight years old, her 42 year-old mother acquired a boyfriend, in the guise of a 19 year-old babysitter for Simon’s younger brother. The family moved to Riverdale (the northwesternmost section of the Bronx in New York City) and summered on Martha’s Vineyard in Massachusetts. The family hung out with the literary, political and musical celebrity crowd in the 1940’s and 1950’s.

Simon found that music soothed her troubled soul. She became a stutterer at an early age, due to prepubescent sexual encounters with an older boy. Her uncle became a second father to her, as her biological father chose the younger of her two older sisters, as his favorite.

Simon was to have “… many difficult experiences with men in the music business.” When she was in her late teens, one or both of the men who helped her record her first song professionally, “… deliberately sabotaged the track; cutting it in the wrong key as payback for me not responding to their sexual advances.”

Nevertheless, Simon bragged about having sex with various big names; Jack Nicholson, Cat Stevens, Warren Beatty and Michael Crichton among them. She claimed that her song, “You’re So Vain” does not represent any one person. The original lyrics do say, “clouds in my coffee” and not “grounds in my coffee.”

Read the book to learn everything you ever wanted to know about Simon’s relationship with James Taylor, plus other information about her family and emotional states, through the time she had to cancel her concert series due to mental illness, in the early 1980’s. The book did not cover her career comeback.

A Memoir According to Kathy Griffin – BONUS POST

The Bonus Book of the Week is “A Memoir According to Kathy Griffin” by Kathy Griffin, published in 2009.

This memoir described the comedian whose shtick consisted of telling humorous, embarrassing stories about members of the entertainment industry. Or, as she characterized herself: “… someone who gets fired, stirs up trouble, and gets debated about on CNN for saying bad things on award shows.” Kudos to her for being an honest, amusing attention whore. She must have brought in sufficient profits for the entertainment industry to tolerate her behavior.

Born in November 1960 in Forest Park, Illinois, the youngest of five children, Griffin grew up in Oak Park, Illinois. At eighteen years old, she moved to Santa Monica, California to be an actress. She apparently had the talent, drive and creativity to get famous.

In the early 2000’s, Griffin performed sufficiently well at the Laugh Factory in Los Angeles to double the length of her show to two hours. This allowed the cocktail waitresses to make sufficient money to pay their rent, “Plus they loved serving the gays, because they were well-dressed, respectful and tipped well.”

Griffin didn’t talk about Anna Nicole Smith right after she died out of respect. As Greg Giraldo would have said, “Too soon, too soon.” Griffin revealed deeply personal information– both of her parents were functional alcoholics, and her oldest brother was a pedophile and substance abuser.

Griffin tried to raise the alarm about her brother, but, as she joked– her parents thought “denial” was a river in Egypt. She admitted to two major errors in her life– poor judgment in both her marriage and in having liposuction. Read the book to learn the details of this and other episodes.

SERIOUS ENDNOTE: Griffin had no qualms about making political statements unrelated to the awards shows she attended. It is therefore not inappropriate to make a political statement unrelated to Griffin’s book, below.

This nation seems to be in denial about the amount of debt load currently carried by not only individuals and businesses, but by the federal government and local governments. It appears that bankruptcies of government entities is the next financial crisis in the offing; the reason why, will be explained shortly.

Within the last thirty or so years alone, the United States has seen greed fests and then busts with regard to junk bonds, savings and loan associations, derivatives, tech stocks, and subprime mortgages, just to name a few. Mortgage-backed securities used to be one of the lowest-risk investments around. Tax-free municipal bonds are presumably still one of the lowest-risk investments around.

BUT one small bond brokerage (and possibly others, too) whose website says it “specialize[s] in tax-free municipal bonds. That’s all we do.” recently changed the language on its customers’ monthly statements. It is forcing them to accept the words, “trading & speculation” (!) for their “Investment objective/Risk tolerance” or else they won’t be able to purchase bonds. It makes itself sound like a penny-stock broker-dealer of the 1980’s that churns accounts. Or a currency broker.

The brokerage is so phobic about covering itself legally that there must be bond issuers who are going to go belly up AFTER THE CURRENT PRESIDENT HAS BEEN REELECTED or has left office, whenever that is. (It might be recalled that Detroit took the plunge in July 2013, after Obama was reelected.) Or its brokers are getting greedy and unscrupulous. Or both. Good luck with that, all.

Shoe Dog

The Book of the Week is “Shoe Dog, A Memoir by the Creator of Nike” by Phil Knight, published in 2016.

Born in 1938 in Portland Oregon, Knight showed irrepressible passion and optimism through years and years of financial losses. He got seed money from his father, and moral support from his mother.

By his mid-twenties, Knight possessed a quality education but still needed to find himself. He did some international traveling with a friend. He learned that Japan made running shoes he could import and sell in the U.S. So in 1964, he partnered with his college track coach– a legend in his social circle- to start a business. At that time, “running wasn’t even a sport.”

Even though he was a pioneer in an evolving industry, he returned to school to become a Certified Public Accountant, just in case the sneaker gig didn’t pan out. He was working around the clock at a full-time accounting job, and nurturing his shoe business. He and later, his employees, personally drove to track meets of schools in western states to meet and sell sneakers to scores of people– coaches, runners, fans.

Banks lending money to businesses at the time did not provide revolving credit facilities– they expected to see solvency. Knight believed in reinvesting every penny of profit into the business– thus generating an endless debt cycle.

He would borrow to purchase more sneakers, sell them, then repeat the process. He had to have competitive sales prices for his products; else they wouldn’t sell against Puma and Adidas. But they were selling like hotcakes. Starting in the mid-1960’s, before he rented a warehouse, he stored the shoes, floor to ceiling, in his bachelor pad. The business was initially named Blue Ribbon and the first shoe model was named Tiger.

At the 1972 Olympics in Munich, eleven Israelis were killed in a terrorist attack. The nation was again mourning yet more deaths, in addition to those of previous years– the Kennedys, Martin Luther King Jr., the Kent State University students, and of course, the tens of thousands in Vietnam. “Ours was a difficult, death-drenched age, and at least once every day you were forced to ask yourself: What’s the point?”

By 1976, Knight had changed his business’s name to Nike Inc. and had factories in New England, Puerto Rico and Taiwan. Unsurprisingly, his family life took a backseat to his workaholic lifestyle.

Read the book to learn of Knight’s interactions with his business partners and their personalities, and the million worries he faced every day in running his business, including products, manufacturing, warehousing, distribution, advertising, retailing, and dealing with lenders, employees, counterfeit goods, etc., etc. etc.; plus, what prompted him to take the company public.