September 2022

MIKE’S CORNER
Mike Brittain, CAE – HSBBA Managing Principal

September 2022
In This Issue:

EDUCATION Sept 15th Scams & Fraud Breakdown

Citizen of the Year Deadline for Nominations Sept. 30

Members on the Move

What is Shrinkflation?

HSBBA Mission Statement : Businesses that rely on the residents of Horseshoe Bay for their livelihood are automatically a member of the Alliance. Residents of Horseshoe Bay are invited to become resident members of the Alliance to meet and mingle with various member businesses during Alliance events and to automatically receive notification of event dates, locations and times. There is never a fee to join, there are no dues to be a member and no charge to attend any event of the HSB Business Alliance. We encourage businesses to sponsor one or more of the 30 events the Business Alliance presents each year. It’s about people getting to know each other and the business community serving Horseshoe Bay.

HSBBA Presents

30 Events Each Year

Attend, Sponsor, Have FUN!

> 12 Coffee’s > 2 Shred Days > 5 Boogie Concerts > 4 Night of Networking > 1 Holidaze > 1 Citizen of the Year > 1 July 4th Watermelon Feed > 4 Education, Knowledge and Learning sessions.

Claim one or more of these events for your business. Attend all of them.

Breaking Down a Scam

Fraud Detection and Prevention

Thursday September 15, 2022

2-4pm

HSB POA Quail Point Lodge

107 Twilight 

HSB, TX 78657

Join these Experts in Fraud Detection and Prevention  Thursday September 15th 2-4pm

Sgt. Don Johnson in Law Enforcement for 29 years and working Fraud and Financial Crimes for 25 years. He has worked crimes such as, Money Laundering, Money Mule Fraud, Construction Theft/Fraud, Forgery,  Credit Card Fraud, Credit/Debit Card Abuse, and Identity Theft.

Sheryl Ryan, VP / Information Security Officer, FirstCapital Bank TX . She manages the information security program for the banks.
FCB has 16 branches in four Texas markets including, Marble Falls,
and Horseshoe Bay.

Alyssa McDaniel is SVP and BSA Officer at FirstCapital Bank of Texas, TX supervising the Fraud Department. Alyssa has worked in the banking industry for 15 years has a passion for preventing fraud and identity theft for individuals and businesses in our communities

Dedication of Last Year Citizen of the Year with Mayor Clinesmith

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Dedication of Last Year Citizen Winner Jim Jorden 

On August 30, 2022 Mayor of Horseshoe Bay, Cynthia Clinesmith, dedicated last year’s Citizen of the Year Award winner Jim Jorden the permanent placement of the Citizen of the Year plaque at City Hall. Jim Joins Louraine Robertson (2017), Dianne Jones (2018), Mary Daniel (2020 & ’21) and Jim Jordan (2022). Each year, The Citizen of the Year award is presented to that individual who best represents the qualities each of us admire and respect among our friends, neighbors, and associates.

Chairman of the 2022 Citizen of the Year Committee, Reagan Lambert reminds everyone that The Citizen of the Year Nominations forms have been distributed to local businesses for anyone who wished to nominate a neighbor, friend or associate. Nomination forms can be found at these Horseshoe Bay business locations:

Arrowhead Bank, Bay Pharmacy, FirstCapital Bank of Texas, First United Bank, Bancorp South, ACE Hardware, ValueBank Texas, City of Horseshoe Bay, Bayside Fresh Market, The Bottle Shop, and HSB-POA Quail Point Lodge. Forms are also located online at www.shoplocalhsb.com. Click on “EVENTS” and search ‘Citizen of the Year’. Citizen nominations forma are also available on request by messaging Mike Brittain at mbritthsbba@gmail.com. Subject Line: “2022 Nomination Form”.

The deadline to submit Nominations for 2022 Citizen of the Year is September 30.

Finalists will be announced November 4. The 2022 Citizen will be awarded on December 5 during the HSB-POA, Quail Point Annual Holiday Kick Off Party.

CLICK BELOW FOR THE NOMINATION FORM

Nomination Form – Citizen of the Year 2022

Contact Mike Brittain 830-220-2468 or email: mbrithsbba@gmail.com

Shrinkflation

64% of consumers are worried about ‘shrinkflation.’ What it is and how to watch for it while shopping. Shrinkflation happens when consumer products get smaller in weight, size or quantity while their prices stay the same or even increase. As companies grapple with high costs and supply chain issues, many are shrinking their products in response. Here’s how consumers can spot those changes and possibly adjust their purchases.

Many consumers have suffered sticker shock at the grocery store due to record high inflation. But another surprise that’s grabbing consumers’ attention — and even trending on TikTok — is “shrinkflation.”

Almost two-thirds, 64%, of all adults are worried about shrinkflation, according to a new survey from Morning Consult, while 54% have seen, heard or read something about the phenomenon. Shrinkflation happens when consumer products get smaller in weight, size or quantity while their prices stay the same or even increase.
…

 Read Full Article

Minutiae from Bowtie Economist, Elliot Eisenberg, PhD

Policy Pain

This past Friday, Fed Chair Jay Powell gave a major speech outlining the Fed’s monetary policy approach for the near future. Importantly, the phrase ‘soft landing’ was nowhere to be found, a deliberate decision. Instead, the word ‘pain’ made an appearance very early on, an equally deliberate decision. A recession and hard landing are now all but inevitable in the Fed’s escalating fight to beat inflation. Buckle up.

Elliot Eisenberg, Ph.D. is an internationally acclaimed economist and public speaker specializing in making the arcana and minutia of economics fun, relevant and educational. Dr.Eisenberg is the Chief Economist for GraphsandLaughs, LLC

MEMBERS ON THE MOVE

Mark Bloschock Realtor P.E.

Mark has earned his Texas Realtor P.E. Designation

He has a wealth of engineering knowledge.

Congratulations Mark.

HCM Hill Country Memorial

Destination Restore Event

Wednesday evening September 7

6pm Community Resource Center

1016 Broadway

Marble Falls

with HCM Orthopedic Specialist

Dr. Beicker,

Dr. Edeen

Dr. Phillips

Dr. Romanick

Kelly Schneider, PT

RSVP HCMrestore.org

or call

(866)-421-4264