Arts & Entertainment

Pixabay photo

By Michael E. Russell

Michael E. Russell

Sometimes it makes my head hurt trying to understand how Washington works. The Federal Reserve raises interest rates in order to curb inflation.  Immediately following these actions, Senate Democrats passes the Inflation Reduction Act with the blessing of the White House.

This bill goes counter to what Jerome Powell and the Federal Reserve are trying to accomplish. Jim Kramer on CNBC calls this bill the “Spend Our Way To Oblivion Act or SOWOA.”

If you own stocks, this could be a problem.  For many U.S. companies the bill includes a tax on stock buybacks. This will impact the way companies address their capital. A 15% book tax which hurts companies with net operating losses will force them to issue debt in order to raise capital.

Senator Chuck Schumer proudly states that this bill will allow Medicare to negotiate prices with drug companies. Really? This is not quite correct. Beginning 4 years from now, Medicare will only be negotiating on lowering prices on 10 drugs. Schumer also states that the bill will create higher paying Environmental Engineering jobs. This potentially will lead to hyper wage inflation.  Just look at last Friday’s employment figures. 

Environmental groups are euphoric over the bill, providing the potential for an additional 500,000 high paying jobs. That’s awesome, but where are the applicants to fill these positions? This is the type of wage inflation that the Federal Reserve is trying to rein in.

It appears that commodity inflation has peaked, but now we will have to contend with labor inflation by creating jobs we have no ability to fill, other than to take from the private sector. I don’t want to beat a dead horse, but every time Fed Chairman Jerome Powell tries to get a handle on inflation, the Federal government throws him a curveball.

The people of this country for the most part are hard-working and good-hearted.  The stock market has politics, of course. We all want to slow global warming or better yet, STOP IT. However, what is occurring in Washington has the potential to destroy our free enterprise system. The government is printing money and spending it like sailors on shore leave. A final thought on this, TERM LIMITS.

On a positive note: We have had a nice bounce during the month of July. The jobs number this past Friday appears to show that we may not be on the verge of a recession, but it sure puts pressure on the Fed to increase rates. 

Stock news. GE is splitting into 3 different companies. Those individual stocks could perform very well.  Think back to the split up of AT&T into 7 different entities. I am still a big fan of ExxonMobil, even though it is already up 50% this year. JPMorgan has come down from $165 in January to $114. The potential for a higher price is very possible, while being paid with a nice dividend. Last, but not least, Proctor and Gamble. Most of us use their products on a daily basis, like toothpaste and laundry detergent, don’t we?

Until next month, try to stay cool.

Michael E. Russell retired after 40 years working for various Wall Street firms. All recommendations being made here are not guaranteed and may incur a loss of principal. The opinions and investment recommendations expressed in the column are the author’s own. TBR News Media does not endorse any specific investment advice and urges investors to consult with their financial advisor. 

Photo courtesy of Mather Hospital

Mather Hospital in Port Jefferson was one of 29 hospitals nationwide to receive the Emergency Nurses Association Lantern Award in July for demonstrating exceptional and innovative performance in leadership, practice, education, advocacy, and research. 

“The ENA Lantern Award is a display of all the hard work and innovation that the Emergency Department nurses and staff carry out each and every day,” said Christine Carbone MBA, BSN, RN, Director of Nursing for Mather’s Emergency Department which sees about 38-40,000 patient visits a year. “It is a true testament to the commitment of quality care and compassion that our staff provides to our community and patients.” 

The award showcases an emergency department’s accomplishments in incorporating evidence-based practice and innovation into emergency care and serves as a visible symbol of its commitment to quality, safety, and a healthy work environment.

In addition, Northwell Health presented Mather Hospital’s Emergency Department with a North Star 90 Hospital Award for achieving the 90th percentile nationally in patient experience in 2021 based on a national patient satisfaction survey.

In 2019 the Emergency Department  also received a Geriatric Emergency Department Accreditation from the American College of Emergency Physicians. The three-year accreditation recognizes that the Emergency Department is focused on the highest standards of care for our community’s older adults.

And The Joint Commission gave Mather its Gold Seal of Approval® and the American Heart/American Stroke Association’s Heart-Check Mark for Advanced Primary Stroke Care Center certification, which recognizes its commitment to fostering continuous quality improvement in patient safety and quality of care. The hospital has been a Stroke Center since 2005.

For more information on this year’s Lantern Award recipients, visit the Emergency Nurses Association website.

Photo from WMHO

The Ward Melville Heritage Organization (WMHO) recently announced an extension to their annual Summer Concert Series on the Village Green. In addition to the Aug. 21 concert featuring  Just Sixties, a tribute band that plays hits from the 1960’s, an additional concert has been added featuring the Sound Symphony on Aug. 28 at 7 p.m. This is a free concert sponsored by the Long Island Music and Entertainment Hall of Fame (LIMEHOF). Ernie Canadeo, LIMEHOF Chairman, will make exciting announcements about the Hall of Fame and the red carpet grand opening in November.

The Sound Symphony, an orchestra comprising of about 50 pieces, will perform a combination of light classical songs, movie themes and Broadway tunes. Additionally, a vocalist will performs opera songs. The Sound Symphony was created in 1984 by Long Island musicians for Long Island communities.

LIMEHOF’s first physical facility is anticipated to open in November of 2022 at the WMHO’s Educational and Cultural Center (ECC). The ECC was designed for interactive programs and events; such as performances, exhibits and classes. In fact, the Great Room on the first floor has 28-foot ceilings.   There will be a permanent “Hall of Fame” with plaques and exhibits recognizing the over 100 and growing inductees, as well as areas for a library, classrooms for educational programs and master classes, and a theater.  The main exhibit space will contain a rotating exhibit theme, and the layout and first exhibit, “Long Island’s Legendary Club Scene: 1960’s to 1980’s” is currently being designed by world-renowned visual designer Kevin O’Callaghan.

The Summer Concert Series will take place in front of the Stony Brook Post Office in Stony Brook Village, located at 129 Main Street in Stony Brook. In the case of rain, the concerts will be cancelled. This year’s concerts are made possible by the following sponsors: the Tantillo Auto Group, Chevrolet of Smithtown, Realty Connect USA, Team Ardolino and Realty Three LLC.  For more information on the Summer Concert Series, call the WMHO at (631) 751-2244. For more information on LIMEHOF, visit their website here.

Photo by Michael Rosengard
Tickets are on now on sale!

The Three Village Community Trust invites the community to its 7th annual Chicken Hill Country Picnic and Barbecue on the lawn of the Bruce House, 148 Main St., Setauket on the grounds of the Setauket Rubber Factory Houses on Saturday, Aug. 20 from 4 to 7 p.m.

A fun, family event to celebrate the history of the Three Villages, participants will enjoy hamburgers, hot dogs, corn on the cob, chicken dogs, drinks, art raffle and raffle baskets.

Headlining the entertainment for the afternoon will be Johnny Cuomo, the popular musician, author, and storyteller. Johnny has established himself as a distinctive voice of America’s tunes, Irish songs, folk music, and minstrels. The Trust is thrilled to host Johnny Cuomo in the heart of the Three Villages – at Chicken Hill. There will also be house tours and talks about the history and importance of a ‘community lost in time’ – Chicken Hill.

All proceeds from the event will go to the ongoing restoration of the Factory Worker Houses, and the other historical properties of the Trust, as well as the upkeep of the Setauket to Port Jefferson Station Greenway.

Tickets are $25 in advance, $30 at the door, $5 kids 5 to 12, under age 5 free. Bring seating. Rain date is Sunday, Aug. 21.

Online sales at: threevillagecommunitytrust.org or mail a check to TVCT, PO Box 2596, Setauket, NY 11733

Need more info? Call H. Mones at 631-942-4558, or write to [email protected], or [email protected]

 Background:

 The three Factory Worker Houses at 148 Main Street in Setauket were built in the late 1800’s and represent an important part of the American immigrant experience.

Near this site, the Setauket Rubber Factory operated as Long Island’s leading producer of domestic goods.  Hundreds of workers helped manufacture such items as shoes, boots and rain gear.

Immigrants arriving in New York City from Eastern Europe and Russia were offered steady work and inexpensive housing at the factory. These new Americans came to this area in the hopes of a better life, although the work was difficult, conditions poor and the pay low.

Housing was provided by the factory in the form of the modest “factory houses.” Each of these “company houses” has essentially two rooms – one room on the first floor and one on the second floor. Several families would crowd into the houses to afford the monthly rent payments. The surrounding area – a half mile in each direction – came to be known as “Chicken Hill.”

Yet, despite the poor working and living conditions, the immigrants helped build a vibrant community. By 1881, by there were enough Irish-Catholics in Setauket to hold a St. Patrick’s Day Parade, and build the community’s first Catholic Church on Main Street. The Jewish population, recruited from Ellis Island, was large enough to support a  synagogue – the first on Long Island – called Agudas Achim or “Good Fellowship.

Saved from demolition due to the efforts of NYS Assemblyman Steven Englebright, the Three Village Community Trust and dedicated community volunteers, the “Immigrant Worker Factory Houses” were moved to this site for the purpose of preservation and restoration.

Today, these small, rustic houses are a visual reminder of the hopes, dreams and struggles of so many of our nation’s immigrants.

Photo from Town of Brookhaven

On July 19, Town of Brookhaven Supervisor Ed Romaine and Councilman Michael Loguercio were on-hand for the annual Northern Bobwhite Quail release at Town of Brookhaven’s Longwood Estate in Ridge. The bird release is a program sponsored by the Town of Brookhaven, and the Center for Environmental Education and Discovery (CEED).

The 75 birds were released to help control the tick population, especially the deer tick, which is a carrier of Lyme disease. Working with the Center for Environmental Education and Discovery (CEED), students from Shoreham-Wading River, Longwood Library, Shirley-Mastic Community Library, Mt Sinai School District, and Middle Country School District assisted in raising Northern Bobwhite Quail for release into the wild.

Once abundant on Long Island, Northern Bobwhite Quail are released annually in Brookhaven Town to help control the tick population, especially the deer tick, which is a carrier of Lyme disease. Visit the CEED website to learn more about CEED and their Northern Bobwhite Quail Release programs in other communities. The annual Quail release at Longwood Estate is administered by the Town of Brookhaven’s Department of Recycling and Sustainable Materials Management (RSMM).

Pictured left to right during the release of the Northern Bobwhite Quail are CEED Executive Director Sally Wellinger; Councilman Michael Loguercio; CEED Wildlife Biologist, Program and Site Director, Eric Powers; CEED volunteer Olive Archer; Supervisor Ed Romaine and CEED supporter David Pate.

The Town of Smithtown Horizons Counseling and Education Center and Smithtown Youth Bureau, in conjunction with the National Guard Counterdrug Task Force, recently launched the 6th annual Pizza Box Top campaign at the Town of Smithtown Horizons Center. This youth-led initiative works to educate and change adult attitudes regarding providing or selling alcohol to minors. Seventeen youth volunteers devoted their time to adhering a total of 2,500 prevention stickers to carry-out bags at participating pizzerias.

“This is one of our favorite events because it gives families an opportunity to discuss the importance of preventing underage drinking with the young people in their lives. We hope the underage drinking prevention stickers help to open a dialogue within families to discuss this difficult topic.” – Kelly DeVito – Youth Services Coordinator, Horizons Counseling and Education Center

The seventeen students who participated in this year’s Pizza Box Top event adhered 2,500 prevention messaging stickers on carry-out bags from several local participating Pizzerias including; Mema’s in Commack, Branchinelli’s in Hauppauge, Mama’s Brick Oven in Hauppauge, Gino’s in Kings Park, Monte’s in Smithtown, and Buona Sera in Smithtown. The carry-out bags were branded with colorful prevention stickers which read; “Your Decisions Matter – Preventing underage drinking is everyone’s responsibility.”

Sergeant Carissa Siry from the National Guard Counterdrug Task Force spoke with the volunteers about the Social Host Law, underage drinking, and the dangers of the Internet, prior to this awareness activity. The New York Social Host Law can impose liability on a social host who provides alcohol to a minor, should that minor become intoxicated and cause injury to another person as a result of that intoxication.

Ceramic pieces by Julia Vogelle

The Reboli Center’s August Artisan is ceramic artist Julia Vogelle.

A ceramic piece by Julia Vogelle

Julia Vogelle is a multi-faceted artist who creates a wide range of ceramics, sculpture, drawings and paintings, as well as jewelry. She has a Master’s in Fine Art /Education from C.W. Post University and a Bachelor’s in Fine Art from the Pratt Institute in Brooklyn.  Raised on Long Island, she  lives in Miller Place and taught art to students in k-12 for 32 years in the Miller Place school district.

Vogelle is one of the founders of the Brick Clay Studio in St. James and currently the President. The studio was established in 2017 and offers pottery classes and a gallery.

“As most of my work is in clay, I begin with slabs and then incorporate wheel work. I decorate slabs with lace and stamped patterns. In addition, I like to draw either directly into the clay surface or with oxides and glazes,” said Vogelle. She notes that all platters and pottery are dinnerware and dishwasher safe.

A ceramic piece by Julia Vogelle

“I’m very honored to be recognized as the August Artisan of the month at the Reboli Center. Being a resident and lifelong artist on the North Shore of Long Island, I have very strong ties to the community. While I didn’t have the pleasure of meeting Joe Reboli, my husband Michael Vogelle interviewed Joe for the program “Working Artists,” she said.

Lois Reboli, president and one of the founders of The Reboli Center said, “Julia’s work is truly amazing and her being our August Artisan of the Month will certainly compliment the work on display at the Center.”

The Reboli Center is located at 64 Main Street in Stony Brook, and is open Tuesday – Saturday from 11 a.m. to 5 p.m. and on Sunday from 1 to 5 p.m. Admission is free. For more information, please call 631-751-7707 or visit www.rebolicenter.org.

'Sicilian Blue' by Stan Brodsky

By Tara Mae

Bold colors, rich compositions, lush imagery. Gallery North invites individuals to immerse themselves in the resplendent renderings and impactful art by late contemporary artist Stan Brodsky with Recastings: Stan Brodsky, a memorial retrospective on view from Aug. 11 to Sept. 18. An opening reception will be held on Aug. 11 from 6 to 8 p.m. 

“Stan is a very influential artist to many artists practicing right now in our area. We felt it was important to show his work, keep it being viewed by the public and continuing to influence other artists. He has a great collection of work that is still available. The work itself is timeless and it’s important for it to be out there,” said Curator Kate Schwarting. 

‘Edge of Summer’ by Stan Brodsky

Brodsky, who died in 2019 at the age of 94, was an artist and educator based out of Huntington. Recastings, the third solo exhibit at Gallery North of the artist’s work, is a cultivated exploration of Brodsky’s more abstract art. 

Through his 75 year career, Brodsky created both representational and abstract art. The 1960s and 1970s were mainly periods of representational art, but by the 1980s, Brodsky was incorporating different texture, tones, and styles — developing the abstract techniques he would continue to cultivate for the next 40 years. 

Recastings primarily highlights the pieces he created during this era. The exhibit includes approximately 15 oil on canvas paintings of various sizes as well as large framed works on paper, unframed works on paper, oil on paper, and mixed media pieces, reflecting three hallmarks of his career: a powerful command of color, a profound connection to nature, and the support he provided to other artists. 

Color is a dynamic and defining character in Brodsky’s art, recognized by each individual interviewed for this article, while nature is a recurrent catalyst and muse.

“Stan Brodsky was renowned for his use of color. One critic called his colors ‘unnameable.’ The paintings change with the light, and so provide endless fascination,” Jeanne Hewitt, Brodsky’s widow and Trustee of the Stan Brodsky Trust, said.  

‘Sun and Soil’ by Stan Brodsky

The artist’s distinct use of color showcases the power of his brushstrokes and indicates the impression of the natural world on his work. According to Schwarting, these traits allow a larger audience to relate to Brodsky’s art and are part of what drew her and Gallery North’s Executive Director Ned Puchner to the art that they chose to display. 

“There are all different ways to connect with [Brodsky’s] work His use of color is really incredible —  the color just vibrates, it is so vibrant and electric; his inspiration from nature; and his mark making is exquisite. There are so many details in his pieces, the push and pull, the layering, each one is very complex,” Schwarting said. 

The exhibit is the continuation of a nearly 50 year relationship between Brodsky/his estate and Gallery North. Brodsky exhibited his work nationally and internationally but always maintained and nurtured his ties to the local artistic community of Long Island, including acting as teacher and mentor to many working artists in the area. 

“He encouraged and taught other artists up until a few months before his death…Stan was beloved for the encouragement he offered to other artists, and for the help he offered,” Hewitt said.   

Delving into Brodsky’s imprint on artists, “Stan Clan: Discussion on Brodsky’s Influence,” a panel talk with six of Brodsky’s former students reflecting on how he affected their creative development, will be held on Aug. 31 at 6 p.m. 

When asked about this event, Puchner said he was most looking forward to the stories about Brodsky and his philosophy.  

“It seems like he was such a charismatic, emotional person. When watching some of the videos of his previous talks, you see he was not afraid to talk about things like love and the more heightened emotional aspects of the creative process. What elements of his creative process have been picked up by the next generation of his students? How that was imparted to his students and how they and whether they continue to do that themselves will be really interesting,” he added. 

Artist Doug Reina, who recently had a solo exhibit at Gallery North and will be one of the guests at the panel discussion, views Brodsky’s roles as artist and educator to be lasting gifts. “For those who know and appreciate his work, Stan Brodsky will always be remembered as a great painter who combined gorgeous colors, shapes, and compositions in a truly unique way,” he said. “For those lucky to have been his students, he will be remembered for his deep knowledge of painting that he always shared so generously. Perhaps the most important part of his legacy is how he helped so many artists grow, to take chances, to push beyond their limits.”

Reina will be joined at the discussion by fellow artists Susan Rostan, Peter Galasso, Marceil Kazickas, Ellen Hallie Schiff, and Alicia R. Peterson, each of whom studied and/or worked with Brodsky. 

As a complement to the exhibit, on August 24 at 6 p.m., Art of NYC and Long Island, in conjunction with Brodsky’s estate, will provide a presentation at the gallery about art conservation techniques: identifying and treating condition issues in paintings, works on paper, and also sculptures. The exhibit, panel discussion, reception, and presentation are free and open to the public. A photo catalogue with a short essay about Brodsky and his art will be available to visitors. 

Gallery North, 90 North Country Road, Setauket, is open Wednesdays to Saturdays, 11 a.m. to 5 p.m., and Sundays, 1 to 5 p.m. Recastings: Stan Brodsky is sponsored by Nancy Goroff, Jefferson’s Ferry, bid Architecture, and Suffolk County’s Department of Economic Development and Planning. For more information, call 631-751-2676 or visit www.gallerynorth.org.

METRO photo

By Michael Christodoulou

Michael Christodoulou
Michael Christodoulou

As you know, the stock market has attracted a lot of attention — and for good reason, as we’ve seen considerable volatility almost from the beginning of the year. But if you own bonds, or bond-based mutual funds, you might also have some concerns. However, it’s important to understand why bonds should continue to be an important part of your portfolio.

To begin with, let’s look at what’s happened with bond prices recently. Inflation has heated up, leading the Federal Reserve to raise interest rates to help “cool off” the economy. And rising interest rates typically raise bond yields — the total annual income that investors get from their “coupon” (interest) payments. Rising yields can cause a drop in the value of your existing bonds, because investors will want to buy the newly issued bonds that offer higher yields than yours.

And yet, despite this possible drop in their value, the bonds you own can still help you make progress toward your financial goals. Consider these benefits of bond ownership:

Income — No matter what happens to the value of your bonds, they will continue to provide you with income, in the form of interest payments, until they mature, provided the issuer doesn’t default — and defaults are generally unlikely with investment-grade bonds (those rated BBB or higher). Your interest payments will remain the same throughout the life of your bond, which can help you plan for your cash flow and spending.

Diversification — As you’ve probably heard, diversification is a key to successful investing. If you only owned one type of asset, such as growth stocks, and the stock market went into a decline, as has happened this year, your portfolio likely would have taken a big hit — even bigger than the one you may have experienced. But bond prices don’t always move in the same direction as stocks, so the presence of bonds in your portfolio — along with other investments, such as government securities and certificates of deposit — can help reduce the impact of volatility on your holdings. (Keep in mind, though, that by itself, diversification can’t guarantee profits or protect against all losses in a declining market.)

Reinvestment opportunities — As mentioned above, rising interest rates and higher yields may reduce the value of your current bonds, but this same development may also offer you some favorable reinvestment opportunities. If you own bonds of varying durations — short-, intermediate- and long-term — you should regularly have some bonds maturing. And in an environment such as the current one, you can reinvest the proceeds of your expiring short-term bonds into new ones issued at potentially higher interest rates. By doing so, you can potentially provide yourself with more income. Also, by owning a mix of bonds, you’ll still have the longer-term ones working for you, and these bonds typically (but not always) pay a higher interest rate than the shorter-term ones.

It might not feel pleasant to see the current value of your bonds drop. But if you’re not selling them before they mature, and you take advantage of the opportunities afforded by higher yields, you’ll find that owning bonds can still be a valuable part of your investment strategy.

Michael Christodoulou, ChFC®, AAMS®, CRPC®, CRPS® is a Financial Advisor for Edward Jones in Stony Brook. Member SIPC

A scene from 'On Your Feet!'. Photo from Engeman Theater
The production is now scheduled to run through September 3.

Due to overwhelming demand, the John W. Engeman Theater has added an extra week to the run of ON YOUR FEET! The Story of Emilio & Gloria Estefan, offering four additional performances.

Originally scheduled to close Sunday, August 28, the final performance will now take place on Saturday, September 3 at 8 p.m.

The schedule for the added performances is as follows:

Thursday, September 1st at 8pm

Friday, September 2nd at 8pm

Saturday, September 3rd at 3pm

Saturday, September 3rd at 8pm

From their humble beginnings in Cuba, Emilio and Gloria Estefan came to America and broke through all barriers to become a crossover sensation at the very top of the pop music world. But just when they thought they had it all, they almost lost everything. ON YOUR FEET! takes you behind the music and inside the real story of this record-making, and groundbreaking couple who, in the face of adversity, found a way to end up on their feet. Get ready to get on your feet, and dance to the smash hits “Rhythm Is Gonna Get You,” “1-2-3,” “Live For Loving You,” “Conga,” and many more.

Tickets are now on sale for the additional performance dates and can be purchased by calling 631-261-2900, going online at www.engemantheater.com, or by visiting the Engeman Theater Box Office at 250 Main Street, Northport. Tickets are $80 for Saturday evenings and $75 for all other performances.