Tuesday, July 20, 2010

Liquidity

Today, class, we re-learned the difference between "liquid" and "illiquid" assets. "Liquid" assets are funds that can be accesssed quickly and transferred from one party to another to complete a financial transaction. For example, let's say (hypothetically) that an agency with whom you have a longstanding relationship informs you quite suddenly that if you really want your son, you will need to provide them with a cashier's check in the amount of several thousand dollars within 3 days. If you can do that, you have liquid assets. Congratulations -- please move to the head of the class.

If you can't, you have illiquid assets (or maybe you are just plain broke and have no assets). Now you will need to pursue one of two options: 1) pleading with friends and family for a quick loan to float you until you can liquidate something or other that you own; or 2) old-fashioned $5 street-corner hooking.

So if you are looking for a thrill tonight, come on down to the corner of State and Main in Montpelier. We'll be the middle-aged couple in the stretch mini skirts and neon tube tops.

Just kidding. Thanks Mom and Dad, for keeping us off the mean streets once again.

For those of you wondering just what kind of adoption blog this is, anyway, and where are all the rainbows and sugarplums and fuzzy warm feelings, and what's with the snarky complaining about the cost of being privileged Americans with the kinds of opportunities and support to be able to do what you want in this world, I suggest you take a break and come back once I'm actually holding my kid.

Until then, I may make you laugh (questionable), but treacle will be in short supply (definite).

3 comments:

  1. The last minute surprises of adoption, Oh joy! It will all be worth it shortly.

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  2. Well, Matthew, I think that adoption is inherently treacly, and that you have to season it with snark in order to keep your readers (at least this one) from weeping at our desks.

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  3. MDG - I think you have finally found the topic you will be able to write endlessly about! We are rooting for you guys and cannot wait to meet Eli. I hope it all goes smoothly and he is home with you very soon.

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