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29 Dec
Ringing in the New Year….

Ringing in the New Year….

So what exactly does Auld Lang Syne mean anyway?

Ringing in or celebrating the New Year is a tradition for most people.  Whether you celebrate quietly or live it up in Time Square there’s one thing most people have in common and that’s singing Auld Lang Syne.  We all know the words but do we even know what they mean?

Auld Lang Syne is the most common song for English-speaking people to sing.  Funny how it’s possible to sing and hear a song so many times and have no idea what it means.

Auld Lang Syne is an extremely old Scottish poem that was first written in the 1700s.  Robert Burns, a celebrated poet of his time is the person whose transcription received the most attention, so the song is most often associated with him.  Others attempted to transcribe the verse but after Burns’ death, nothing matched the original.  Most sing Auld Lang Syne in the traditional Scottish folk tune round.

A good translation of the words “Auld Lang Syne” is “times gone by.” So when we sing this song, we are saying, “We’ll drink a cup of kindness yet for times gone by.”  Traditionally we sing it to bid farewell to the old year at the stroke of midnight and usher in the new.

So next time you find yourself belting out that old familiar song remember the times gone by…

From the American Receivable Corporation Family, we wish you a happy, healthy and prosperous 2016.

 By Jack Stieber –  President – American Receivable

image courtesy of iosphere at

06 Dec


One Man’s view of the difference……

By Jack Stieber –  President – American Receivable

The biggest long-running story in the US economy is the generational divide between baby boomers and millennials. It’s not just the years that divide but the emotional mindset and vision for the future in most things.

Boomers were born in the wake of World War II with birth dates spanning roughly 1946 to 1962 and were the largest population group in the US for decades. Now millennials, or people born roughly from 1980 to 1995, are taking over, really taking over….

In a recent survey, the result found that the divide in optimism between millennials, who are just entering the prime of their lives, and boomers, who are on the backside, is vastly different.

Boomers enjoyed one of the US economy’s best runs from around 1980 to 2000, only to see the whole thing blow up twice in the last 15 years. And so predictably, boomers have little faith in their local, the US national, and global economies and government representation over the next year.

Millennials, on the other hand, are bullish on everything, with over three-quarters of millennial respondents saying they think their local economy and government leadership will improve over the next year.

This, of course, makes sense. Boomers are losing power reading and hearing about how they floundered and practically the ruined economy. Millennials, on the other hand, are more bullish on the US economy because whether they like it or not, as young people, they are inextricably tied to the US and global economies and all that goes with them.

The average millennial cannot only expect to be around to live with the consequences of their economic, social, and political behavior longer than the average boomer but as millennials begin to form families they will naturally begin to feel a stronger sense of responsibility about the economy.

Millennials in the short run will be responsible for almost every aspect of life from business, government and world leadership to rebuilding the economy and only time will tell if their feel their responsibility can and will make it better.

By Jack Stieber –  President – American Receivable



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