Baseball’s abnormally good luck with weather during the World Series came to an abrupt end last night, with the first foul weather suspension of a game in World Series history. (Announcers always use such a qualifier, in case some World Series games had been suspended in Super Bowl history, or Chinese history. They’d also be right to say it was the first World Series game suspended in history, period, but that might sound presumptuous. More likely, Tim McCarver didn’t think of it.)
Baseball has no one but itself and Fox to blame for this week’s problems. (Tonight’s forecast is no better than last night’s.) Fox requested some extra days off in the playoff schedule last year, to spread the games out more and prevent Games Six and Seven from taking place on a weekend, where low general viewing (Saturday night) and pro football (Sunday night) would cut into their audience. Using the schedule in place since the inception of a third tier of playoffs in 1995, this year’s Game Seven would have been played on October 26, last Sunday. In Florida. In a dome. Hardly any weather problems there. (Why the Tampa Bay area thought a domed stadium was advisable for an area where people move to enjoy the weather is an open question.)
Next season doesn’t start until April 5, so baseball is talking to Fox about removing the open dates to keep the Series from running as late as November 5. Even Bud Selig appreciates the potential for embarrassment if Games Six and Seven were to be scheduled for the first week of November in Boston or Chicago or Cleveland or Detroit, none of which are out of the realm of possibility. Starting the season on March 29 apparently hasn’t occurred to them, even though Major League Baseball has complete control over where games are played in the beginning of the season, and none at the end.
Of course, these are guys who still insist on starting all games at 8:30 Eastern time. I appreciate the need to give West Coast viewers a chance to get home, but this start time ensures 75% of the people in the country will miss either the beginning of the game (because they’re not home yet) or the end (because they passed out in the seventh inning).
That explains the disjointed, overly parenthetical nature of this post. I’ve been up until at least midnight every night for three weeks, I’m already exhausted, and it only Tuesday.
Tuesday, October 28, 2008
Monday, October 27, 2008
Pumpkin Time?
Has it occurred to anyone else that when the clock struck midnight Saturday night, the Tampa Bay Rays looked at eash other and said, "Oh, shit! This is the World Series! We're Tampa. We suck." Because they really haven't done too much right since then.
Friday, October 24, 2008
Orders of Magnitude
There’s been a lot of adolescent name calling in this election, even more juvenile than usual. He-said, she-said, he did it first, he’s on my side of the car, he’s touching me he’s touching me. Stuff like that. Neither side has clean hands, despite what both promised would be a lofty and elevated discussion about the relative merits of each candidacy.
Whether both are equally guilty is a question of magnitude. Let’s examine two frequent Republican complaints: who’s running more negative ads, and why Joe Biden’s verbal gaffes don’t get the same attention as Sarah Palin’s.
Negative ads first. Each side quotes statistics to buttress its point. Obama’s overwhelming fundraising advantage allows him to run so many more ads, both sides are correct, regardless of whether they’re arguing his percentage is lower than McCain’s (as Obama does), or there are so many more of them (as McCain does).
As Mark Twain said, there are three kinds of deception: lies, damned lies, and statistics; call it a wash. What’s more important is the content of the negative ads. It’s one thing to say your opponent’s tax and health care policies won’t help the average Joe, plumber or not; it’s something else to say your opponent is un-American and consorts closely with terrorists. Especially when it’s not true.
Then there are Biden’s gaffes versus Palin’s. We’re not even going to discuss the percentage issue here; Joe Biden talks so much his misstatements could fill the Bible and he’d still be 90% accurate. Once again, it’s the quality of the gaffe that matters. Saying FDR spoke on television after the stock market crash of 1929 is dumb, but it reflect on his judgment. His knowledge of media history, sure, but the point he was making is valid: Roosevelt comforted the nation during the worst parts of the Depression. He did, admittedly, get the specifics wrong. All of them.
Compare that to Governor Palin’s oft-repeated assertion that she has foreign policy expertise because she can see Russia from Alaska. To quote a national columnist (I forget which one, sorry) I can see the moon from my front yard; that doesn’t make me an astronaut. Or an astronomer. I don’t “read everything they put in front of me,” but I can tell you what I do read. Biden’s a bit of a goof whose mouth has only a dial-up connection to his brain when it needs broadband; she’s an idiot.
What’s important are what mathematicians and physicists call orders of magnitude. If I say you’re wearing an ugly sweater and you reply that I’m a wife beating, child molesting bastard, we both insulted each other once. The insults are hardly equivalent.
Whether both are equally guilty is a question of magnitude. Let’s examine two frequent Republican complaints: who’s running more negative ads, and why Joe Biden’s verbal gaffes don’t get the same attention as Sarah Palin’s.
Negative ads first. Each side quotes statistics to buttress its point. Obama’s overwhelming fundraising advantage allows him to run so many more ads, both sides are correct, regardless of whether they’re arguing his percentage is lower than McCain’s (as Obama does), or there are so many more of them (as McCain does).
As Mark Twain said, there are three kinds of deception: lies, damned lies, and statistics; call it a wash. What’s more important is the content of the negative ads. It’s one thing to say your opponent’s tax and health care policies won’t help the average Joe, plumber or not; it’s something else to say your opponent is un-American and consorts closely with terrorists. Especially when it’s not true.
Then there are Biden’s gaffes versus Palin’s. We’re not even going to discuss the percentage issue here; Joe Biden talks so much his misstatements could fill the Bible and he’d still be 90% accurate. Once again, it’s the quality of the gaffe that matters. Saying FDR spoke on television after the stock market crash of 1929 is dumb, but it reflect on his judgment. His knowledge of media history, sure, but the point he was making is valid: Roosevelt comforted the nation during the worst parts of the Depression. He did, admittedly, get the specifics wrong. All of them.
Compare that to Governor Palin’s oft-repeated assertion that she has foreign policy expertise because she can see Russia from Alaska. To quote a national columnist (I forget which one, sorry) I can see the moon from my front yard; that doesn’t make me an astronaut. Or an astronomer. I don’t “read everything they put in front of me,” but I can tell you what I do read. Biden’s a bit of a goof whose mouth has only a dial-up connection to his brain when it needs broadband; she’s an idiot.
What’s important are what mathematicians and physicists call orders of magnitude. If I say you’re wearing an ugly sweater and you reply that I’m a wife beating, child molesting bastard, we both insulted each other once. The insults are hardly equivalent.
Labels:
2008 election,
barack obama,
joe biden,
john mccain,
sarah palin
Thursday, October 23, 2008
Behind the Scenes at The Home Office
Watching Game One of the World Series last night, the Spousal Equivalent, weary of my constant carping about Tim McCarver's "expert" analysis, finally asked if there was anything he could say that would satisfy me.
“Sure,” I said.
“What?”
“My heart! My heart!”
“Sure,” I said.
“What?”
“My heart! My heart!”
Wednesday, October 22, 2008
Palin's Hidden Agenda
Conventional wisdom implies Sarah Palin’s recent campaign appearances indicate someone positioning herself for a presidential run in 2012 should John McCain come up short this year, which appears likely. There’s an abvious second choice no one seems to be picking up on.
Her campaign rhetoric has become even more shrill and veered rightward lately, opening differing with McCain’s to the point where he has had to specifically distance himself from her comments. Polls showing she has become a drag on his hopes with everyone except hard-core conservatives have not diminished her efforts.
Last week’s appearance on Saturday Night Live was telling. The opening was either edgy or unfunny; I lean toward edgy. Her later appearance on the Weekend Update segment was embarrassing. It’s depressing to think that a candidate for the nation’s second highest office would knowingly stand for something like that.
All of these would come back to haunt her in a future run. She might win some primary battles with her ultra-conservative base, but she is essentially unelectable when even more moderate (or even moderately thinking) Republicans start voting. She’s no more likely to become president than Michele Bachmann.
No, her recent acts, coupled with her pre-political history, argue her vision is set on a more practical goal: Fox News. Look for her to to become either a regular contributor, or get her own show, within a year of the expiration of her term as Alaska governor. If not sooner.
Go ahead. Laugh. Just remember where you heard it first.
Her campaign rhetoric has become even more shrill and veered rightward lately, opening differing with McCain’s to the point where he has had to specifically distance himself from her comments. Polls showing she has become a drag on his hopes with everyone except hard-core conservatives have not diminished her efforts.
Last week’s appearance on Saturday Night Live was telling. The opening was either edgy or unfunny; I lean toward edgy. Her later appearance on the Weekend Update segment was embarrassing. It’s depressing to think that a candidate for the nation’s second highest office would knowingly stand for something like that.
All of these would come back to haunt her in a future run. She might win some primary battles with her ultra-conservative base, but she is essentially unelectable when even more moderate (or even moderately thinking) Republicans start voting. She’s no more likely to become president than Michele Bachmann.
No, her recent acts, coupled with her pre-political history, argue her vision is set on a more practical goal: Fox News. Look for her to to become either a regular contributor, or get her own show, within a year of the expiration of her term as Alaska governor. If not sooner.
Go ahead. Laugh. Just remember where you heard it first.
Monday, October 20, 2008
Sarah Sixpack
Sarah Palin can’t go a day without some pander to her core constituency, personified by Joe Sixpack. I’m old enough to have been around when this stereotype was created, and young enough to remember it. Joe Sixpack comes home after work, plops himself in the family La-Z-Boy and pounds a six pack of beer sitting in his wife beater while watching a ball game.
Basically, a drunk.
So Sarah is proudly identifying her core voting block as drunks.
This might be the first thing she’s been right about so far.
Basically, a drunk.
So Sarah is proudly identifying her core voting block as drunks.
This might be the first thing she’s been right about so far.
The Terrible Broadcasting System
I think TBS has it in their contract with Major League Baseball that they must go out of their way to make Fox look good. They missed the first twenty minutes of Saturday’s Game Six between Boston and Tampa Bay due to a technical failure in Atlanta. When they came back, Chip Caray comforted everyone with, “You haven’t missed much.”
What we missed was Coco Crisp leading off with a bunt single, then immediately getting picked off in the top of the first inning, then a long homerun by BJ Upton in the bottom of the inning.
While Caray was noteworthy for playing the house shill in a manner to make any White House press secretary proud, analyst Ron Darling wins the Tim McCarver Obvious Banality Award for stating that “two-out hits can prolong an inning.”
Al Leiter was available, guys. And Skip Caray (Chip’s dad) is retired, not dead. If you want to play in The Show, bring you’re A Game. Don’t use Fox as an example.
What we missed was Coco Crisp leading off with a bunt single, then immediately getting picked off in the top of the first inning, then a long homerun by BJ Upton in the bottom of the inning.
While Caray was noteworthy for playing the house shill in a manner to make any White House press secretary proud, analyst Ron Darling wins the Tim McCarver Obvious Banality Award for stating that “two-out hits can prolong an inning.”
Al Leiter was available, guys. And Skip Caray (Chip’s dad) is retired, not dead. If you want to play in The Show, bring you’re A Game. Don’t use Fox as an example.
Thursday, October 16, 2008
Like Putting Handcuffs on a Squid
Quick thoughts on the final debate:
I know why he didn’t do it, but it would have been nice to hear Obama cite examples of how McCain can safely be described as “erratic.” Also to draw a distinction between “negative” ads that point out the flaws in the opponent’s positions and policies and negative ads that call your opponent a terrorist sympathizer.
McCain really and truly doesn’t understand that the average family gets hosed by his health care plan. You’d think a Republican would get it when the US Chamber of Commerce says so; maybe he’s become so much a maverick up is now down to him.
It says a lot about the state of the campaign when Obama declines to point out Sarah Palin’s woeful inadequacy to be vice-president, but McCain spends most of his time on that question trying to convince us Joe Biden is a moron.
McCain-ian logic: I will have no litmus test for Supreme Court nominees. I will nominate only qualified jurists. No one who supports Roe v. Wade is a qualified jurist. QED.
Saying an across-the-board spending freeze will solve the budget problems is like telling someone whose feet hurt to wear the same size shows as you do, because your feet don’t hurt. Even though you’re six inches taller.
Tax cuts are the Republicans’ answer to all budget questions. By their logic, the government would have al the money it would ever need if it just did away with taxes altogether.
When Obama says he wants to spread the wealth around, it’s not like he’s going to take the money from Joe the Plumber and give it to Sam the Teacher. The money will come from John McCain and Hank Paulson and Barbra Streisand, who can all afford it.
Highlights of the evening: Bob Schieffer's repeated attempts to get something worthwhile out of these two.
Lowlights of the evening: McCain’s dismissal of the mother’s health as a ground for abortion.
Runner up: McCain declaring he didn’t want to talk about some broken down old terrorists, then spending two minutes doing exactly that.
Thank God, Allah, Vishnu, Gaia, or whoever else you might pray to that this will all be over in a few weeks.
I know why he didn’t do it, but it would have been nice to hear Obama cite examples of how McCain can safely be described as “erratic.” Also to draw a distinction between “negative” ads that point out the flaws in the opponent’s positions and policies and negative ads that call your opponent a terrorist sympathizer.
McCain really and truly doesn’t understand that the average family gets hosed by his health care plan. You’d think a Republican would get it when the US Chamber of Commerce says so; maybe he’s become so much a maverick up is now down to him.
It says a lot about the state of the campaign when Obama declines to point out Sarah Palin’s woeful inadequacy to be vice-president, but McCain spends most of his time on that question trying to convince us Joe Biden is a moron.
McCain-ian logic: I will have no litmus test for Supreme Court nominees. I will nominate only qualified jurists. No one who supports Roe v. Wade is a qualified jurist. QED.
Saying an across-the-board spending freeze will solve the budget problems is like telling someone whose feet hurt to wear the same size shows as you do, because your feet don’t hurt. Even though you’re six inches taller.
Tax cuts are the Republicans’ answer to all budget questions. By their logic, the government would have al the money it would ever need if it just did away with taxes altogether.
When Obama says he wants to spread the wealth around, it’s not like he’s going to take the money from Joe the Plumber and give it to Sam the Teacher. The money will come from John McCain and Hank Paulson and Barbra Streisand, who can all afford it.
Highlights of the evening: Bob Schieffer's repeated attempts to get something worthwhile out of these two.
Lowlights of the evening: McCain’s dismissal of the mother’s health as a ground for abortion.
Runner up: McCain declaring he didn’t want to talk about some broken down old terrorists, then spending two minutes doing exactly that.
Thank God, Allah, Vishnu, Gaia, or whoever else you might pray to that this will all be over in a few weeks.
Tuesday, October 14, 2008
A Welcome Addition to the Blogsphere
The Hollywood Correspondent has been providing entertaining and thoughtful movie reviews and com printed tabloid-sized mailings several times a year. Several writers contributed to each edition, and the articles ranged from retrospectives of actors’ or directors’ careers to analysis of types of films or films of a certain time period to comics drawn specifically for the magazine.
Final Take eventually became too expensive to maintain, and email became the medium of choice. The content changed as well. Everything was written by him, and the monthly format was more like a series of traditional movie reviews. He’d still riff on things when the spirit moved him, but there would always be a movie or two that served as the cornerstone of the comment. I don’t think a month went that his notes didn’t provoke an exchange of emails, usually resulting in me learning something.
Now he has discovered the blogsphere. Thoughts on Film contains all the monthly newsletters he’s done over the past several years. They’re well written, engaging, and should spur some nice comment threads as he builds a readership. Check him out; pick through the archives. You’ll thank me for telling you.
Final Take eventually became too expensive to maintain, and email became the medium of choice. The content changed as well. Everything was written by him, and the monthly format was more like a series of traditional movie reviews. He’d still riff on things when the spirit moved him, but there would always be a movie or two that served as the cornerstone of the comment. I don’t think a month went that his notes didn’t provoke an exchange of emails, usually resulting in me learning something.
Now he has discovered the blogsphere. Thoughts on Film contains all the monthly newsletters he’s done over the past several years. They’re well written, engaging, and should spur some nice comment threads as he builds a readership. Check him out; pick through the archives. You’ll thank me for telling you.
Wednesday, October 01, 2008
Misguided
Yesterday Representative Michele Bachman (R-MN) blamed the current financial crisis on the Clinton-era Community Reinvestment Act for pushing “homeownership as a way to open the door for blacks and other minorities to enter the middle class.”
It’s difficult to believe even someone as conservative as Rep. Bachman could believe such a baseless canard, let alone say it for public attribution in this, the Year of Their Lord 2008.
Everyone knows the mortgage crisis was caused by the legalization of gay marriage.
It’s difficult to believe even someone as conservative as Rep. Bachman could believe such a baseless canard, let alone say it for public attribution in this, the Year of Their Lord 2008.
Everyone knows the mortgage crisis was caused by the legalization of gay marriage.
Tuesday, September 30, 2008
Bailing Out
H.L. Mencken once defined a Puritan as a person who lived his life in fear that someone, somewhere, was having a good time. A minor modification makes the statement true for all Americans, who spend an inordinate amount of time worrying that someone, somewhere, is getting over. There’s no better explanation for the failure of the economic disaster recovery bill in the House of Representatives.
The bill had flaws, as would anything whipped up in less than a week that was intended to address something as badly broken as our financial markets. It was still generally considered to be the adult thing to do, even if it meant holding one’s nose to vote for it. Reasoned, knowledgeable voices from both sides of the political spectrum agreed something had to be done, and the Paulson-Dodd-Frank plan was less offensive than any alternative likely to appear on such short notice.
Congressmen facing tough re-election campaigns walked away from their leadership’s entreaties in droves, regardless of party affiliation, though the Republican droves were proportionately twice as large as those of the Democrats. Constituents didn’t want to hear how these pinstripe suit, power suspender wearing Wall Street fat cats were going to benefit from the plan, even with the provisions for compensation reduction and taxpayer protection. They wanted an reckoning. Never mind there will be plenty of time after we keep the boat from sinking to apportion blame for who left the portholes open. The People want these guys dead, their wives raped, their children auctioned into slavery, and their pets sold to Chinese restaurants.
This is a not uncommon American reaction. Pick a social program, any social program. All it takes is Fox News to find one person in a thousand gaming the system, and there will he a hue and cry to dismantle the whole operation, no matter how many people It helps, or how good the return on our investment might be. No rational person will argue that anyone who takes unfair advantage of these programs should not be prosecuted and face serious consequences. Our national predisposition for zero tolerance provides a willingness to let nine hundred ninety-nine children to go without proper nutrition or health care because one lowlife on welfare took more than her fair share.
The entertaining irony is that no one enjoys getting over more than Americans. Maybe that’s why so many of us are worry about someone else pulling a fast one; we spend so much time thinking of doing it ourselves. Take this test: the next time someone complains about a welfare cheat or stock manipulator, ask if he claims every dollar on his taxes. Or skipped out on jury duty. Bought a hot television.
Here’s a scenario. You’re in a bar. A man comes into selling watches for twenty cents on the dollar. If you buy the watch and it works, you feel good because you got a deal. You know the watch was stolen, but it’s a victimless crime, right? The rightful owner was insured, no one hurt. Except insurance companies don’t lose money on stuff like that; they pass it along to their policyholders in the form of increased premiums, so you paid more for that watch than you think.
Scenario Two: Same bar, same guy. Except this time the watch is a knockoff and you’re the one getting screwed. Now you’re pissed, though the difference is a simple matter of whose ox got gored.
People often complain about how hard it is to know what’s the right thing to do. Doing the right thing is often hard, but it’s rarely hard to know what it is. Often what’s right isn’t in our selfish short-term interest; we pretend it’s tough so we can find an excuse for a more palatable decision. Nay-voting congressmen and are all over the airwaves today, rationalizing their decision not to do the adult thing, when it’s more clear by the hour it came down to re-election. This is how we define leadership in America.
Our capacity to rationalize ourselves into self-delusion is formidable. The other reason given for defeating the bill was, “It’s Socialism.” We hear that one all the time, too. The mere mention of a government health plan provokes “It’s Socialism” cries that roll across the landscape like thunder. Socialism is the third leg of the unholy trinity that would damn us all to hell if left unchecked, along with gay marriage and abortion. Yet the largest, most successful, and most popular government program ever created, an entitlement virtually all agree must be defended to the last dying breath, is so close to unadulterated socialism it carries the name: Social Security.
And there are those who wonder why there is no consistency in American politics.
The bill had flaws, as would anything whipped up in less than a week that was intended to address something as badly broken as our financial markets. It was still generally considered to be the adult thing to do, even if it meant holding one’s nose to vote for it. Reasoned, knowledgeable voices from both sides of the political spectrum agreed something had to be done, and the Paulson-Dodd-Frank plan was less offensive than any alternative likely to appear on such short notice.
Congressmen facing tough re-election campaigns walked away from their leadership’s entreaties in droves, regardless of party affiliation, though the Republican droves were proportionately twice as large as those of the Democrats. Constituents didn’t want to hear how these pinstripe suit, power suspender wearing Wall Street fat cats were going to benefit from the plan, even with the provisions for compensation reduction and taxpayer protection. They wanted an reckoning. Never mind there will be plenty of time after we keep the boat from sinking to apportion blame for who left the portholes open. The People want these guys dead, their wives raped, their children auctioned into slavery, and their pets sold to Chinese restaurants.
This is a not uncommon American reaction. Pick a social program, any social program. All it takes is Fox News to find one person in a thousand gaming the system, and there will he a hue and cry to dismantle the whole operation, no matter how many people It helps, or how good the return on our investment might be. No rational person will argue that anyone who takes unfair advantage of these programs should not be prosecuted and face serious consequences. Our national predisposition for zero tolerance provides a willingness to let nine hundred ninety-nine children to go without proper nutrition or health care because one lowlife on welfare took more than her fair share.
The entertaining irony is that no one enjoys getting over more than Americans. Maybe that’s why so many of us are worry about someone else pulling a fast one; we spend so much time thinking of doing it ourselves. Take this test: the next time someone complains about a welfare cheat or stock manipulator, ask if he claims every dollar on his taxes. Or skipped out on jury duty. Bought a hot television.
Here’s a scenario. You’re in a bar. A man comes into selling watches for twenty cents on the dollar. If you buy the watch and it works, you feel good because you got a deal. You know the watch was stolen, but it’s a victimless crime, right? The rightful owner was insured, no one hurt. Except insurance companies don’t lose money on stuff like that; they pass it along to their policyholders in the form of increased premiums, so you paid more for that watch than you think.
Scenario Two: Same bar, same guy. Except this time the watch is a knockoff and you’re the one getting screwed. Now you’re pissed, though the difference is a simple matter of whose ox got gored.
People often complain about how hard it is to know what’s the right thing to do. Doing the right thing is often hard, but it’s rarely hard to know what it is. Often what’s right isn’t in our selfish short-term interest; we pretend it’s tough so we can find an excuse for a more palatable decision. Nay-voting congressmen and are all over the airwaves today, rationalizing their decision not to do the adult thing, when it’s more clear by the hour it came down to re-election. This is how we define leadership in America.
Our capacity to rationalize ourselves into self-delusion is formidable. The other reason given for defeating the bill was, “It’s Socialism.” We hear that one all the time, too. The mere mention of a government health plan provokes “It’s Socialism” cries that roll across the landscape like thunder. Socialism is the third leg of the unholy trinity that would damn us all to hell if left unchecked, along with gay marriage and abortion. Yet the largest, most successful, and most popular government program ever created, an entitlement virtually all agree must be defended to the last dying breath, is so close to unadulterated socialism it carries the name: Social Security.
And there are those who wonder why there is no consistency in American politics.
Sunday, September 28, 2008
Ooh, Shiny
The United States Mint has stopped printing buffalo head gold coins. People are hoarding gold. This is the most intelligence defying act since Sarah Palin was nominated for vice president. Granted, intelligence is defied on an almost daily basis lately, but this is bad. People have been talked into hoarding gold because it is alleged to be the standard of financial systems throughout history; the only thing of true, undeniable value.
Bullshit.
Gold is valuable because it always has been. Since the earliest recorded days of what passed for civilization, gold has been the material by which wealth has been measured. Tombs were encrusted with it. Untold hundreds of thousands have died in its search, either killed in the quest, or by those questing for it.
What is it about gold that has made it so valuable? Great medicinal power? Physical strength? Is it an aphrodisiac? (No; the wealth it implies is the aphrodisiac.) Gold became valuable to ignorant people no more than three steps removed from apes because it is shiny, and easy to make pretty jewelry with. Period. The practical uses of today's gold were undreamed of in those days. They collected it, paid dearly for it, killed and conquered for it. Because it was shiny.
Want more proof? Even today, when (most of us) will readily agree the earth is round and rotates around the sun, it is a rule of thumb for a man to spend three months' salary on an engagement diamond. The true value of this diamond is nil. Industrial diamonds have some utilitarian value, but they're not used for jewelry. Jewelry diamonds are expensive because they're shiny. They would be of more genuine use if they had remained in their previous form; at least you can heat your house with coal.
For all the talk the current crisis has inspired about what is truly valuable, few are talking about the only three things that have inherent value. Not gold, silver, or even platinum. Not uranium, stocks, or bonds. Not derivatives or real estate. In the end, those are no more valuable than tulip bulbs. The three things that have inherent value in this, and, for us, any other world, are edible food, breathable air, and potable water. That's it.
Ask someone in Somalia if he'd rather have an ounce of gold or a bushel of corn. All other measures of wealth are eventually evaluated by how well they can provide the only three we really need. Wall Street masters of the universe will die in minutes if they can't get a breath of air, no matter how much money they made on their stock options.
Much of the current crisis is due to mankind's inability to remember what is truly valuable. If we don't get a handle on our greed, we may have this lesson proven to us sooner, and more unpleasantly, than we'd like.
Bullshit.
Gold is valuable because it always has been. Since the earliest recorded days of what passed for civilization, gold has been the material by which wealth has been measured. Tombs were encrusted with it. Untold hundreds of thousands have died in its search, either killed in the quest, or by those questing for it.
What is it about gold that has made it so valuable? Great medicinal power? Physical strength? Is it an aphrodisiac? (No; the wealth it implies is the aphrodisiac.) Gold became valuable to ignorant people no more than three steps removed from apes because it is shiny, and easy to make pretty jewelry with. Period. The practical uses of today's gold were undreamed of in those days. They collected it, paid dearly for it, killed and conquered for it. Because it was shiny.
Want more proof? Even today, when (most of us) will readily agree the earth is round and rotates around the sun, it is a rule of thumb for a man to spend three months' salary on an engagement diamond. The true value of this diamond is nil. Industrial diamonds have some utilitarian value, but they're not used for jewelry. Jewelry diamonds are expensive because they're shiny. They would be of more genuine use if they had remained in their previous form; at least you can heat your house with coal.
For all the talk the current crisis has inspired about what is truly valuable, few are talking about the only three things that have inherent value. Not gold, silver, or even platinum. Not uranium, stocks, or bonds. Not derivatives or real estate. In the end, those are no more valuable than tulip bulbs. The three things that have inherent value in this, and, for us, any other world, are edible food, breathable air, and potable water. That's it.
Ask someone in Somalia if he'd rather have an ounce of gold or a bushel of corn. All other measures of wealth are eventually evaluated by how well they can provide the only three we really need. Wall Street masters of the universe will die in minutes if they can't get a breath of air, no matter how much money they made on their stock options.
Much of the current crisis is due to mankind's inability to remember what is truly valuable. If we don't get a handle on our greed, we may have this lesson proven to us sooner, and more unpleasantly, than we'd like.
Monday, September 22, 2008
The Only Constant is Change
Time has a way of altering the meaning of words and phrases. “Naughty” was once a much stronger term than it is now. In my musty, dusty, vaguely remembered teen days, referring to someone as a “vicious beast” would definitely be an insult. (Using those two words in conjunction seems a reach, even for the Seventies, but neither had a good connotation.) Now my daughter calls someone—me, one time—a “vicious beast” and it’s high praise.
“Bitch” meant female dog, period, until common usage made it a derogatory term for a woman. Yet to jazz musicians of my vintage, “bitch” was about the highest compliment one player could give another, second only to “monster,” which could also safely be called a pejorative under other circumstances.
This brings us to today’s lesson: “too big to fail.” When originally concocted, this term’s common usage meant a company had grown large enough, and diverse enough, that it couldn’t fail. No matter how bad one aspect of its business got, other, more successful pieces would keep it afloat. General Electric is be one example; General Motors another. (Companies with “General” in their titles were looking to achieve this status, generally speaking.)
“Too big to fail” has been evolving in meaning over time toward the definition it clearly assumed last week, with the government coming to the assistance of AIG. “Too big to fail” is now no outdated; the new term should be “to big to be allowed to fail.” Facing these new facts, the federal government probably can’t be faulted for looking for ways to prop some of these giants up. On the other hand, it might be nice to utilize some of the existing anti-trust laws—or create some new ones—so no companies can become so big we have to worry about the whole economy going down with them in the future.
“Bitch” meant female dog, period, until common usage made it a derogatory term for a woman. Yet to jazz musicians of my vintage, “bitch” was about the highest compliment one player could give another, second only to “monster,” which could also safely be called a pejorative under other circumstances.
This brings us to today’s lesson: “too big to fail.” When originally concocted, this term’s common usage meant a company had grown large enough, and diverse enough, that it couldn’t fail. No matter how bad one aspect of its business got, other, more successful pieces would keep it afloat. General Electric is be one example; General Motors another. (Companies with “General” in their titles were looking to achieve this status, generally speaking.)
“Too big to fail” has been evolving in meaning over time toward the definition it clearly assumed last week, with the government coming to the assistance of AIG. “Too big to fail” is now no outdated; the new term should be “to big to be allowed to fail.” Facing these new facts, the federal government probably can’t be faulted for looking for ways to prop some of these giants up. On the other hand, it might be nice to utilize some of the existing anti-trust laws—or create some new ones—so no companies can become so big we have to worry about the whole economy going down with them in the future.
Wednesday, September 17, 2008
A Qualified No
The McCain campaign got a bump when it started limiting his exposure to the media and sent Sarah Palin to the annex of Dick Cheney’s undisclosed location, away from any potentially embarrassing questions. Maybe they should lock the whole campaign down, since its surrogates can’t seem to keep their feet off their molars, either.
McCain’s economic advisors have a special gift for this. Phil Gramm famously declared this “nation of whiners” was undergoing only a “mental” recession. Just the other day Douglas Holtz-Eakin gave McCain credit for creating the Blackberry, which isn’t even an American invention. (It’s only fair to note the McCain campaign dismissed the comment and walked away from it immediately.)
Then there’s Carly Fiorina.
Submitting to an interview for St. Louis radio station KTRS yesterday, the former Hewlett-Packard CEO was asked if she thought Gov. Palin had the experience to run HP.
“"No, I don't," said Fiorina. "But that's not what she's running for. Running a corporation is a different set of things."
Carly, a contestant for this year’s Yassir Arafat Award for Never Missing an Opportunity to Miss an Opportunity, then appeared with Andrea Mitchell on MSNBC to compound the error.
MITCHELL: You were asked whether Sarah Palin has the experience to run a major company ... and you said, "No, I don't, but you know what? That's not what she's running for."
FIORINA: “Well, I don't think John McCain could run a major corporation. I don't think Barack Obama could run a major corporation. I don't think Joe Biden could run a major corporation. But on the other hand, running a major corporation is not the same as being President or Vice President of the United States. It is a fallacy to suggest that the country is like a company. So, of course, to run a business you have to have a lifetime of experience in business. But that's not what John McCain, Barack Obama, Sarah Palin or Joe Biden are doing.”
The author of the Slate piece, Christopher Beam, goes on to say, “Her answer is completely natural and nondamning if you look at the entire paragraph. (Although you could take issue with the ‘fallacy’ line, since George W. Bush did suggest that business experience matters.)”
Beam misses the point. What’s damning is Fiorina’s hubris. While her Wikipedia article has received the Sarah Palin Good Housekeeping Sanitizing treatment, her tenure at HP was beneficial for anyone but her. She walked away with a $21 million severance after being asked to leave by the board. Dismissing someone with that kind of package can be interpreted less as recognition of a job well done—if so, why was she shown the door?—than as a bribe never to return. Palin, McCain, Obama, and Biden may or may not be qualified t run HP; Fiorina certainly wasn’t.
Beam also misses the validity of her “fallacy” comment. There is little comparison between running a major corporation and running the country. The president’s job is infinitely harder. A CEO’s toughest decision may be to decide how many people will lose their jobs; presidents are routinely asked to decide how many people will lose their lives. Her implication that running a company may be the more difficult job isn’t just a conceit; it’s distasteful. A successful president could sit in a CEO’s chair, hire a few niche-specific experts, and run the show as a vacation.
The truth is, all the talk about which candidate is qualified to be president is a straw man; no one is truly qualified to be president until he’s been doing it for a while. The current occupier of the billet has been there over seven years, and he still can’t do it. The best we can hope for is someone with an understanding of the terrible responsibilities of the position, and skills that can be adapted to its performance.
That is the crux of the criticism of McCain’s appointment of Palin as running mate. It’s not that she’s unqualified; we just haven’t had a chance to see if she appreciates the magnitude of the job; her comments to Charles Gibson imply she does not, or she would have at least pondered it before accepting. Nor have we had a chance to see if she has a skill set that can be adapted to doing it right. A year ago Obama was not my choice for president, for exactly that reason. I hadn’t seen him around enough to have a feel for how he’d respond to things. He’s been on the news every day since, so many of my concerns have been addressed. Sarah Palin is well short of that threshold. (In the interests of full disclosure, it should be noted Joe Biden was my original choice for president.)
One thing’s for sure: Carly Fiorina would almost certainly have a key role in a McCain administration. That should be enough to give even Sarah Palin second thoughts.
McCain’s economic advisors have a special gift for this. Phil Gramm famously declared this “nation of whiners” was undergoing only a “mental” recession. Just the other day Douglas Holtz-Eakin gave McCain credit for creating the Blackberry, which isn’t even an American invention. (It’s only fair to note the McCain campaign dismissed the comment and walked away from it immediately.)
Then there’s Carly Fiorina.
Submitting to an interview for St. Louis radio station KTRS yesterday, the former Hewlett-Packard CEO was asked if she thought Gov. Palin had the experience to run HP.
“"No, I don't," said Fiorina. "But that's not what she's running for. Running a corporation is a different set of things."
Carly, a contestant for this year’s Yassir Arafat Award for Never Missing an Opportunity to Miss an Opportunity, then appeared with Andrea Mitchell on MSNBC to compound the error.
MITCHELL: You were asked whether Sarah Palin has the experience to run a major company ... and you said, "No, I don't, but you know what? That's not what she's running for."
FIORINA: “Well, I don't think John McCain could run a major corporation. I don't think Barack Obama could run a major corporation. I don't think Joe Biden could run a major corporation. But on the other hand, running a major corporation is not the same as being President or Vice President of the United States. It is a fallacy to suggest that the country is like a company. So, of course, to run a business you have to have a lifetime of experience in business. But that's not what John McCain, Barack Obama, Sarah Palin or Joe Biden are doing.”
The author of the Slate piece, Christopher Beam, goes on to say, “Her answer is completely natural and nondamning if you look at the entire paragraph. (Although you could take issue with the ‘fallacy’ line, since George W. Bush did suggest that business experience matters.)”
Beam misses the point. What’s damning is Fiorina’s hubris. While her Wikipedia article has received the Sarah Palin Good Housekeeping Sanitizing treatment, her tenure at HP was beneficial for anyone but her. She walked away with a $21 million severance after being asked to leave by the board. Dismissing someone with that kind of package can be interpreted less as recognition of a job well done—if so, why was she shown the door?—than as a bribe never to return. Palin, McCain, Obama, and Biden may or may not be qualified t run HP; Fiorina certainly wasn’t.
Beam also misses the validity of her “fallacy” comment. There is little comparison between running a major corporation and running the country. The president’s job is infinitely harder. A CEO’s toughest decision may be to decide how many people will lose their jobs; presidents are routinely asked to decide how many people will lose their lives. Her implication that running a company may be the more difficult job isn’t just a conceit; it’s distasteful. A successful president could sit in a CEO’s chair, hire a few niche-specific experts, and run the show as a vacation.
The truth is, all the talk about which candidate is qualified to be president is a straw man; no one is truly qualified to be president until he’s been doing it for a while. The current occupier of the billet has been there over seven years, and he still can’t do it. The best we can hope for is someone with an understanding of the terrible responsibilities of the position, and skills that can be adapted to its performance.
That is the crux of the criticism of McCain’s appointment of Palin as running mate. It’s not that she’s unqualified; we just haven’t had a chance to see if she appreciates the magnitude of the job; her comments to Charles Gibson imply she does not, or she would have at least pondered it before accepting. Nor have we had a chance to see if she has a skill set that can be adapted to doing it right. A year ago Obama was not my choice for president, for exactly that reason. I hadn’t seen him around enough to have a feel for how he’d respond to things. He’s been on the news every day since, so many of my concerns have been addressed. Sarah Palin is well short of that threshold. (In the interests of full disclosure, it should be noted Joe Biden was my original choice for president.)
One thing’s for sure: Carly Fiorina would almost certainly have a key role in a McCain administration. That should be enough to give even Sarah Palin second thoughts.
Tuesday, September 16, 2008
The System's Broke, Now So Are You
Yesterday Lehman Brothers went underwater faster than Galveston. Merrill Lynch was helicoptered to safety at the last minute. AIG is stalled on the railroad tracks, hoping the engineer of the oncoming train isn’t text messaging anyone. All of us are riding the tiger, and we might as well wait until he gets tired; he’ll eat us if we jump off at the wrong time. (Thus ends the strained metaphor section of today’s essay.)
Free market, laissez-faire capitalism is at the heart of the American economic myth, and the country has profited from it We’re in the process of being reminded the free market ain’t free, and it’s not just those who reach for the brass ring and miss who get ground up in the wheels of its machinery.
Unfettered capitalism is based largely on the premise of self-regulating markets, and the idea of balancing risk against rewards. Theoretically, it works. We’re seeing it work now, as bubbles in housing and credit positions have burst more or less simultaneously, creating havoc across the economy. In theory, those who made mistakes are being punished financially, and those who were prudent will be rewarded. That’s not how it works in practice.
This is not the place to debate just desserts for those whose greed brought us to this place, nor to argue who should, or should not, get bailed out by the government. All we can do is to make the best of an increasingly bad situation and devise workable plans to see to it such events don’t happen again.
Which means regulation. Public policy has stripped away layers of regulation since Ronald Reagan’s inauguration in 1981. Much of this was necessary. Government regulations created a culture of featherbedding, where no business in selected sectors—commercial airlines, telecommunications, interstate shipping—could go broke, thanks to what amounted to government price fixing. Everyone paid for that, except the shareholders of the protected industries.
The freewheeling, devil-take-the-hindmost attitude that replaced it has swung the pendulum of business too far the other way. It’s never good to see a business go bust, though some deserve to. Our current situation has evolved into a caricature of laissez-faire, where those with the most to gain had little to lose, and those who stood to benefit least may lose most.
Tax laws were made more lenient for brokers of certain investments, because their income depended to a large extent on commissions, never mind they were building their fortunes with other people’s money. Their risk was they wouldn’t get rich; their reward could be to become obscenely rich. Exorbitant bonuses were paid to executives who built short-term profits on dubious strategies, such as buying securities based on mortgages unlikely to be paid. These, and others, have been swept up in the debris of the bursting bubble, but they’ve already cashed in. Their investments will suffer, but a $10 million (or more) nest egg can take a substantial hit before its owner becomes middle class, even by John McCain’s definition.
Those who will be hurt most are those who had the least to gain. People who were in the market hoping for no more than a relaxing retirement, or to send a child to college are seeing those possibilities move farther away every time they open a newspaper. Adding insult to injury, the tightening of credit makes it harder for their kids to get student loans; the potential of getting money out of their houses diminishes with the value of the house.
These are the people who never stood to become millionaires, but who are paying the greatest real price. The nebulous “market” true capitalists reflexively genuflect before has no mechanism of concern for these people; they don’t matter. The excessive regulation of an overlarge government can be blamed for a lot of things, but we forget the uses and benefits of government at our peril. It seems America has to learn the dangers of capitalism run amuck every eighty years or so. Let’s do what we can to make it a little easier on our grandchildren.
Free market, laissez-faire capitalism is at the heart of the American economic myth, and the country has profited from it We’re in the process of being reminded the free market ain’t free, and it’s not just those who reach for the brass ring and miss who get ground up in the wheels of its machinery.
Unfettered capitalism is based largely on the premise of self-regulating markets, and the idea of balancing risk against rewards. Theoretically, it works. We’re seeing it work now, as bubbles in housing and credit positions have burst more or less simultaneously, creating havoc across the economy. In theory, those who made mistakes are being punished financially, and those who were prudent will be rewarded. That’s not how it works in practice.
This is not the place to debate just desserts for those whose greed brought us to this place, nor to argue who should, or should not, get bailed out by the government. All we can do is to make the best of an increasingly bad situation and devise workable plans to see to it such events don’t happen again.
Which means regulation. Public policy has stripped away layers of regulation since Ronald Reagan’s inauguration in 1981. Much of this was necessary. Government regulations created a culture of featherbedding, where no business in selected sectors—commercial airlines, telecommunications, interstate shipping—could go broke, thanks to what amounted to government price fixing. Everyone paid for that, except the shareholders of the protected industries.
The freewheeling, devil-take-the-hindmost attitude that replaced it has swung the pendulum of business too far the other way. It’s never good to see a business go bust, though some deserve to. Our current situation has evolved into a caricature of laissez-faire, where those with the most to gain had little to lose, and those who stood to benefit least may lose most.
Tax laws were made more lenient for brokers of certain investments, because their income depended to a large extent on commissions, never mind they were building their fortunes with other people’s money. Their risk was they wouldn’t get rich; their reward could be to become obscenely rich. Exorbitant bonuses were paid to executives who built short-term profits on dubious strategies, such as buying securities based on mortgages unlikely to be paid. These, and others, have been swept up in the debris of the bursting bubble, but they’ve already cashed in. Their investments will suffer, but a $10 million (or more) nest egg can take a substantial hit before its owner becomes middle class, even by John McCain’s definition.
Those who will be hurt most are those who had the least to gain. People who were in the market hoping for no more than a relaxing retirement, or to send a child to college are seeing those possibilities move farther away every time they open a newspaper. Adding insult to injury, the tightening of credit makes it harder for their kids to get student loans; the potential of getting money out of their houses diminishes with the value of the house.
These are the people who never stood to become millionaires, but who are paying the greatest real price. The nebulous “market” true capitalists reflexively genuflect before has no mechanism of concern for these people; they don’t matter. The excessive regulation of an overlarge government can be blamed for a lot of things, but we forget the uses and benefits of government at our peril. It seems America has to learn the dangers of capitalism run amuck every eighty years or so. Let’s do what we can to make it a little easier on our grandchildren.
Friday, September 12, 2008
Executive Experience
Enough with family values and small town values and pigs with lipstick. Until Sarah Palin answers actual questions about her positions and philosophies,
her record is all there is to go on; let’s look at it.
Two terms as mayor of a town with less than 10,000 inhabitants
Twenty months as governor of a 47th most populous state, with a budget that ranks 38th in the nation.
It has been pointed out she has more executive experience than both Democratic nominees combined. No argument. Let’s examine the relevance of that argument.
Wasilla, Alaska, has, by the best figures I could find, 9,780 inhabitants. Lower Burrell, Pennsylvania—my home town—has 12,159, so it can reasonably be argued that I have a similar small town upbringing. Gov. Palin and I are both college graduates; she graduated from the University of Idaho (current enrollment 11,636); my alma mater is Indiana University of Pennsylvania, with a current enrollment of approximately14,000. Granted, it’s been quite a whole since either of us was a student, but the rough comparison still holds. Our demographic backgrounds are not so dissimilar to prevent either of us from sharing basic small-town sensibilities.
Gov. Palin bases much of her qualification derived from small town values, which she seems to think are universal. Lower Burrell and Wasilla are similar in size, but there do appear to be some differences in values. The most recent available figures for registered sex offenders shows Wasilla with one per every 133 residents; Lower Burrell has one per every 4,110. For comparison purposes, Washington DC has 1,030 residents for every registered sex offender. If you drop something on a Wasilla street, leave it there.
The most recent data I could find—2002, during then-Mayor Palin’s tenure—shows 68 city employees in Wasilla. The Senate Foreign Relations Committee, under the chairmanship of Joe Biden, has approximately 280 staff members. Granted, Biden has people to actually make sure things get done. So does the mayor. (Alaska has approximately 15,000 state employees.) Mayor is considered to be a part-time job in Wasilla, which can reasonably be argued diminishes the intensity of the executive experience.
Her mayoral experience is a straw man; no one would argue Don Kinosz’s experience as Mayor of Lower Burrell qualifies him to run the world’s leading democracy in turbulent times. Governor of Alaska is more relevant experience. Aside from this sentence, we will leave aside Karl Rove’s August assertion that, should Obama select Virginia governor Tim Kaine as his running mate, it would prove Obama’s willingness to place politics ahead of country, due to Kaine’s lack of experience as Virginia governor, though he has governed a state with over eleven times the population of Governor Palin and a budget over three-and-a-half times that of Alaska’s, for only forty-one fewer days.
One point jumps out from the above comparison. Virginia has eleven times the people, yet spends less than four times as much to run the state. Given that Alaska has great expanses of empty land that make many economies of scale impractical, it’s still costing three times as much per capita to run Alaska than it does to keep Virginia operational. Alaska ranks second in the nation in federal aid, and has the third highest unemployment rate. It passes out subsidies of $3200 per eligible citizen from its oil revenues. How this fits with the conservative mantra of less government remains to be seen.
A reasonable person could argue she’s only been in office twenty months. Hardly time for her policies to take effect. True, but Republicans can’t logically have it both ways. (Not that they don’t try.) If her twenty months of experience is enough to qualify her to hold the missile codes, then it’s enough to measure her performance.
This is where the essential disconnect occurs in the “executive experience” argument; the term “successful executive experience” would carry much more water. No president has ever had more executive experience than George W. Bush did when elected in 2000. Little of it could be called successful up to that point, so it should not be a surprise to see his executive decisions afterward lead to several calamities. Gubernatorial experience is no indicator of a successful presidency. Reagan and Clinton were governors; so was Jimmy Carter.
A senator’s lack of “executive experience” is also hardly a disqualifier. Senators have rarely been elected in the past sixty years. The two who were, Truman and Kennedy, did all right. Lyndon Johnson was a senator when elected vice-president. His presidency is generally considered to be a failure because of Vietnam, but Johnson is woefully shortchanged when it comes to passing out credit for civil rights advances in the Sixties.
Then there’s Eisenhower, the most recent war hero to become president. As impressive as his military resume was, it was his diplomatic skills that got him the job of Supreme Allied Commander, and it was those skills that allowed him to hold together the world’s greatest and most fractious alliance. Eisenhower’s executive experience was earned under fire, literally.
Governors have no equivalent experience; their most important decisions are managerial. Education, infrastructure, budgets. All important; none are life and death. Comparing a governor’s executive experience to what’s needed to be president is like comparing a football coach to a general.
Sarah Palin’s executive experience in Alaska is inconsequential when compared the world experience of the Democratic ticket. Asking her to step in on a moment’s notice to run what is probably the world’s most important nation would be like bringing a pitcher out of the minor leagues to pitch the seventh game of the World Series. The rookie might do all right, but no one’s going to bet their house payment on it.
(Figures cited above were obtained from the web sites of the institutions, US Census data, and www.city-data.com )
her record is all there is to go on; let’s look at it.
Two terms as mayor of a town with less than 10,000 inhabitants
Twenty months as governor of a 47th most populous state, with a budget that ranks 38th in the nation.
It has been pointed out she has more executive experience than both Democratic nominees combined. No argument. Let’s examine the relevance of that argument.
Wasilla, Alaska, has, by the best figures I could find, 9,780 inhabitants. Lower Burrell, Pennsylvania—my home town—has 12,159, so it can reasonably be argued that I have a similar small town upbringing. Gov. Palin and I are both college graduates; she graduated from the University of Idaho (current enrollment 11,636); my alma mater is Indiana University of Pennsylvania, with a current enrollment of approximately14,000. Granted, it’s been quite a whole since either of us was a student, but the rough comparison still holds. Our demographic backgrounds are not so dissimilar to prevent either of us from sharing basic small-town sensibilities.
Gov. Palin bases much of her qualification derived from small town values, which she seems to think are universal. Lower Burrell and Wasilla are similar in size, but there do appear to be some differences in values. The most recent available figures for registered sex offenders shows Wasilla with one per every 133 residents; Lower Burrell has one per every 4,110. For comparison purposes, Washington DC has 1,030 residents for every registered sex offender. If you drop something on a Wasilla street, leave it there.
The most recent data I could find—2002, during then-Mayor Palin’s tenure—shows 68 city employees in Wasilla. The Senate Foreign Relations Committee, under the chairmanship of Joe Biden, has approximately 280 staff members. Granted, Biden has people to actually make sure things get done. So does the mayor. (Alaska has approximately 15,000 state employees.) Mayor is considered to be a part-time job in Wasilla, which can reasonably be argued diminishes the intensity of the executive experience.
Her mayoral experience is a straw man; no one would argue Don Kinosz’s experience as Mayor of Lower Burrell qualifies him to run the world’s leading democracy in turbulent times. Governor of Alaska is more relevant experience. Aside from this sentence, we will leave aside Karl Rove’s August assertion that, should Obama select Virginia governor Tim Kaine as his running mate, it would prove Obama’s willingness to place politics ahead of country, due to Kaine’s lack of experience as Virginia governor, though he has governed a state with over eleven times the population of Governor Palin and a budget over three-and-a-half times that of Alaska’s, for only forty-one fewer days.
One point jumps out from the above comparison. Virginia has eleven times the people, yet spends less than four times as much to run the state. Given that Alaska has great expanses of empty land that make many economies of scale impractical, it’s still costing three times as much per capita to run Alaska than it does to keep Virginia operational. Alaska ranks second in the nation in federal aid, and has the third highest unemployment rate. It passes out subsidies of $3200 per eligible citizen from its oil revenues. How this fits with the conservative mantra of less government remains to be seen.
A reasonable person could argue she’s only been in office twenty months. Hardly time for her policies to take effect. True, but Republicans can’t logically have it both ways. (Not that they don’t try.) If her twenty months of experience is enough to qualify her to hold the missile codes, then it’s enough to measure her performance.
This is where the essential disconnect occurs in the “executive experience” argument; the term “successful executive experience” would carry much more water. No president has ever had more executive experience than George W. Bush did when elected in 2000. Little of it could be called successful up to that point, so it should not be a surprise to see his executive decisions afterward lead to several calamities. Gubernatorial experience is no indicator of a successful presidency. Reagan and Clinton were governors; so was Jimmy Carter.
A senator’s lack of “executive experience” is also hardly a disqualifier. Senators have rarely been elected in the past sixty years. The two who were, Truman and Kennedy, did all right. Lyndon Johnson was a senator when elected vice-president. His presidency is generally considered to be a failure because of Vietnam, but Johnson is woefully shortchanged when it comes to passing out credit for civil rights advances in the Sixties.
Then there’s Eisenhower, the most recent war hero to become president. As impressive as his military resume was, it was his diplomatic skills that got him the job of Supreme Allied Commander, and it was those skills that allowed him to hold together the world’s greatest and most fractious alliance. Eisenhower’s executive experience was earned under fire, literally.
Governors have no equivalent experience; their most important decisions are managerial. Education, infrastructure, budgets. All important; none are life and death. Comparing a governor’s executive experience to what’s needed to be president is like comparing a football coach to a general.
Sarah Palin’s executive experience in Alaska is inconsequential when compared the world experience of the Democratic ticket. Asking her to step in on a moment’s notice to run what is probably the world’s most important nation would be like bringing a pitcher out of the minor leagues to pitch the seventh game of the World Series. The rookie might do all right, but no one’s going to bet their house payment on it.
(Figures cited above were obtained from the web sites of the institutions, US Census data, and www.city-data.com )
Wednesday, September 10, 2008
Oh, Puh-leese
Barack Obama is taking a lot of heat for allegedly referring to Sarah Palin when he made a comment about "putting lipstick on a pig" yesterday. It seems like a stretch, since he, and other politicians—mostly Republicans—have used the phrase many times in other circumstances. If the Republicans really want to take umbrage at a sexist remark, here are the
TOP FIVE THINGS BARACK OBAMA COULD HAVE SAID INSTEAD OF "PUTTING LIPSTICK ON A PIG."
5. Put some rouge on that ho.
4. Put some eyeliner on that bitch.
3. Put some mascara on that skank.
2. Put some exfoliating cleanser on that skirt.
1. Put some trollop-ey makeup on that cunt.
Sorry. I got carried away. John McCain already used that last one when referring to his own wife. Wouldn't want the Republicans to whine about plagiarism.
TOP FIVE THINGS BARACK OBAMA COULD HAVE SAID INSTEAD OF "PUTTING LIPSTICK ON A PIG."
5. Put some rouge on that ho.
4. Put some eyeliner on that bitch.
3. Put some mascara on that skank.
2. Put some exfoliating cleanser on that skirt.
1. Put some trollop-ey makeup on that cunt.
Sorry. I got carried away. John McCain already used that last one when referring to his own wife. Wouldn't want the Republicans to whine about plagiarism.
Tuesday, September 09, 2008
Marketing Savvy
Times are tough for American automakers. While some of the blame can laid at the feet of the economy and unions who haven’t figured out the Fifties are over, management must carry the greatest burden. Short-sighted negations with the unions, and a refusal to anticipate a need for anything smaller than SUVs and trucks have led the Big Three into dire financial straits.
Their public relations and marketing don’t kick any ass, either.
Here’s an actual example, ripped from the headlines. No one will argue that GM should have to tolerate what is essentially employee fraud. To come down on employees for too liberally interpreting the employee discount within a week of making GM employee discounts available to everyone is surreal, especially considering GM—along with Ford and Chrysler—is likely to come to the federal government, hats in hand, to ask for some kind of public assistance. This kind of thing will not generate a sympathetic hearing.
Never mind about NAFTA; maybe it’s time for more of the American auto industry to be placed into the hands of people who actually know how to run a car company at a profit, while still paying American workers decent wages and benefits. Honda and Toyota come to mind.
Their public relations and marketing don’t kick any ass, either.
Here’s an actual example, ripped from the headlines. No one will argue that GM should have to tolerate what is essentially employee fraud. To come down on employees for too liberally interpreting the employee discount within a week of making GM employee discounts available to everyone is surreal, especially considering GM—along with Ford and Chrysler—is likely to come to the federal government, hats in hand, to ask for some kind of public assistance. This kind of thing will not generate a sympathetic hearing.
Never mind about NAFTA; maybe it’s time for more of the American auto industry to be placed into the hands of people who actually know how to run a car company at a profit, while still paying American workers decent wages and benefits. Honda and Toyota come to mind.
Sunday, September 07, 2008
Taking the Pledge
Remember the controversy over whether the Pledge of Allegiance should have the words "under God" in it? It was a big deal a few years ago, conservatives launching daily tirades because losing those two words would corrupt the values the Pledge was supposed to uphold. Turns out they were worried about the wrong two words. Events of the past several years have made it clear "under God" doesn't matter much one way or the other in the grand scheme of what we pledge allegiance to; the only words in the Pledge are the two that are most often forgotten today.
For all.
For all.
Friday, September 05, 2008
Mighty Like a Whale
John McCain’s acceptance speech last night once again showed the Republicans’ bizarre concepts of consistency. Last night McCain said this about workers whose jobs moved overseas:
For workers in industries that have been hard hit, we'll help make up part of the difference in wages between their old job and a temporary, lower paid one while they receive retraining that will help them find secure new employment at a decent wage.
This sounds suspiciously like the party of less government—who wants to keeps government’s filthy hands out of your pockets—coming up with another unnecessary government program. Wouldn’t it be better, and cheaper, to make it advantageous for companies to keep jobs with a “decent wage” here in the first place, and penalize those who ship those jobs overseas? Not to seem like a Neanderthal on the topic of globalization, but isn’t it in our national interest to keep at least some good, working class jobs here?
This is not just a socio-economic issue; national security is also at stake. The recent spike in oil prices produced a swell of comments about the possible consequences to globalization if transportation prices made it unfeasible to continue to transport raw materials and finished goods overseas. A war could do the same, depending on its location and scope. It is in this country’s national security interest to keep many of these jobs handy, lest we have crucial goods and services made unavailable at a time when they may be needed most.
The ultimate irony—as pointed out by Joe Klein in Time magazine online—is that John McCain has become the “standard-bearer of a failed ideology — ironically, a belief in 'me first' before country.” McCain leverages his history of personal service and sacrifice in the name of a party whose idea of “service” is to support the troops in Iraq by shopping, and thinks of “sacrifice” as not playing golf. It demeans him, and it’s sad, to hear promises of tax cuts draw greater cheers than mentions of country.
Make no mistake: Republicans are definitely the party of “me first.” Democrats are not immune to the charge, but “Republican” has become virtually synonymous with “conservative,” and Twenty-first Century conservatives are interested in conserving little aside from what’s theirs already. John McCain deserves better, as do the rest of us.
For workers in industries that have been hard hit, we'll help make up part of the difference in wages between their old job and a temporary, lower paid one while they receive retraining that will help them find secure new employment at a decent wage.
This sounds suspiciously like the party of less government—who wants to keeps government’s filthy hands out of your pockets—coming up with another unnecessary government program. Wouldn’t it be better, and cheaper, to make it advantageous for companies to keep jobs with a “decent wage” here in the first place, and penalize those who ship those jobs overseas? Not to seem like a Neanderthal on the topic of globalization, but isn’t it in our national interest to keep at least some good, working class jobs here?
This is not just a socio-economic issue; national security is also at stake. The recent spike in oil prices produced a swell of comments about the possible consequences to globalization if transportation prices made it unfeasible to continue to transport raw materials and finished goods overseas. A war could do the same, depending on its location and scope. It is in this country’s national security interest to keep many of these jobs handy, lest we have crucial goods and services made unavailable at a time when they may be needed most.
The ultimate irony—as pointed out by Joe Klein in Time magazine online—is that John McCain has become the “standard-bearer of a failed ideology — ironically, a belief in 'me first' before country.” McCain leverages his history of personal service and sacrifice in the name of a party whose idea of “service” is to support the troops in Iraq by shopping, and thinks of “sacrifice” as not playing golf. It demeans him, and it’s sad, to hear promises of tax cuts draw greater cheers than mentions of country.
Make no mistake: Republicans are definitely the party of “me first.” Democrats are not immune to the charge, but “Republican” has become virtually synonymous with “conservative,” and Twenty-first Century conservatives are interested in conserving little aside from what’s theirs already. John McCain deserves better, as do the rest of us.
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