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Archive for the ‘Politics’ Category

Michael Lewis is his usual wry, witty, sardonic, self-deprecating, interesting and insightful self in this collection of articles which he wrote investigating what caused the financial problems in Europe and here in the U.S. He makes you laugh even though you know you should be crying.

The first character we meet is a Texas hedge fund manager who Lewis had edited out of his previous book, “The Big Short” because Lewis thought he was a whack job. Turns out, the guy was right and became very rich. He now collects guns, gold bars, lives in a fortress and is betting that Europe’s governments will fail. He’s hoping that his gun collection and fortress will protect his family and his gold bar collection when the world collapses into anarchy.

The first place we visit on Michael Lewis’ journey is Iceland where the hubris is astonishing. Essentially, a group of people who were adept at fishing decided that they could be good at banking. It was all guys. The women tried to warn them but the men wouldn’t listen. So the Icelanders bought into their own BS at highly inflated prices and then it all collapsed. Iceland’s population is small so the amount of money for which each citizen of Iceland is responsible is enormous
Next stop, Greece where the population feels entitled. Reading Lewis’ observations about the Greeks makes it apparent why they’re in their current economic situation. He recounts a story which I recall hearing about in the news. An angry mob firebombed a bank and several bank employees died as a result including a pregnant young woman. Rather than feeling compassion for the victims, the mob’s response was that it served them right for having the temerity to work rather than staying home and collecting from the government like any good citizen would do.

In Germany, Lewis learns that the citizens of Deutschland are quite scatological. The theory of why they’re this way is interesting. More importantly, we learn that although it’s very important to German society that everyone play by the rules, their bankers didn’t. In fact, though German bankers gave the outward impression that everything was on the up-and-up, they were enablers of those who were creating the financial crisis in Europe and here in America.

Which brings us back home. Lewis defends Meredith Whitney who garnered the ire of Wall Street when she decided to do some research about the financial health of America and discovered that the states were in pretty bad financial shape. The worst offender: California. Lewis introduces us to some inspiring community leaders who are working to cope with a situation created by citizens who demand public services but don’t want to pay for them. He also gets some surprisingly candid answers from former California governor, Arnold Schwarzenegger . The story about Arnold’s decision to run for governor is a classic.

One insight one comes away with after reading “Boomerang: Travels In The New Third World” is.. we’re screwed.

The Experian Simmons annual survey of this year’s favorite TV shows ranked by political philosophy has been released. (Note that Independents and Libertarians aren’t listed.)

Conservatives’ Favs

1. Barrett-Jackson Auction
2. This Old House
3. The 700 Club
4. Swamp Loggers
5. Top Shot
6. The Bachelor
7. Castle

Liberals’ Favs

1. The Daily Show
2. Colbert Report
3. Masterpiece
4. 30 Rock
5. Parks and Recreation
6. The View
7. Glee

Your thoughts?

In the spirit of transparency, let me tell you that I believe that capitalism’s impact on America has been mostly positive however I’m not a proponent of the selfish capitalism endorsed by Ayn Rand and her acolytes. It seems to me that we need to grow into an era of “Conscientious Capitalism” which encourages and rewards individual achievement, risk-taking, and entrepreneurial spirit and also embraces the “noblese-oblige” spirit of FDR and Nelson Rockefeller.

Personally, I endorse raising the age for Social Security eligibility to 75 (which would negatively effect me), increasing taxes, re-evaluating bureaucracies to eliminate waste, zero-based budgeting to reduce spending, and programs which encourage Baby Boomers to remain economically productive and contributing to the country’s tax coffers rather than retiring and taking Social Security. We’ve got to face the music sometime and there’s no sense in procrastinating.

In his Bloomberg BusinessWeek review of Tom Friedman’s latest book, David Camp takes Friedman and his co-author, Michael Mandelbaum to task for not recommending big, bold solutions to the problems and issues they discuss in the book but I’m not sure that that’s the authors’ job. However, Camp does commend them for doing a solid job of evaluating America’s current situation in the 2nd decade of the 21st century and bringing our challenges to light.

My daughter is a high school senior so we’ve been in college tour mode since July. Something I’ve noticed that’s emphasized at all the colleges we’ve visited is their focus on attracting students from outside of the US. Of course, each college’s freshman class has a finite number of openings and if a higher percentage of those positions are filled by international students the fewer that will be available to American kids. On the one hand, I don’t doubt that part of the schools’ strategies is to address globalization and broaden the scope of their institutions. But I also don’t doubt that part of the plan is to attract international students from wealthy families to make up for American students whose families may no longer to be able to foot the annual bill for these institutions.

Friedman and Mandelbaum make some disturbing points in comparing American students with their Chinese counterparts. They talk about how we in America tend to reward our kids’ efforts whereas in China a student is rewarded only for accomplishment. Chinese students are expected to acquire strong math and science skills. In America, our education system is designed more to push the students through the pipeline than to encourage/demand excellence in specific skill sets when they reach high school graduation time. The Chinese see education as an economic issue. In America, we see it as a social issue. Friedman & Mandelbaum tell a sobering story about a small, obscure liberal arts college in the Midwest whose freshman class has a few hundred openings but which received applications from 900 Chinese students all of whom had perfect SAT math and science scores. Our kids need to be able to compete with these challenges.
The book talks about the types of employees that American businesses are seeking in order to be competitive as we move forward. We need creators and we need servers who add value which is unique and irreplaceable such as abstract analysis skills. The authors note that there are four catagories of workers :
1. Creative Creators
2. Routine Creators
3. Creative (inspired) Servers
4. Routine Servers
The Routine Creators and Routine Servers will be at the most risk of having their positions eliminated.

Just to get interviewed for a job these days, a candidate will need the following abilities: critical thinking skills, the ability to accomplish non-routine tasks, and the ability to work collaboratively. To get hired, a candidate will also need the ability to enhance, refine, and invent along with a proven ability to innovate. (“What was your best innovation during the past year?”, “ What projects are on your drawing board?”). Think Google.

Our schools need to teach and encourage students to visualize, identify, decide and direct within a competitive learning environment. They need to understand how to adapt and to innovate.

The books cites Carlson’s Law: “In a world where so many people now have access to education and cheap tools of innovation, innovation that happens from the bottom up tends to be chaotic but smart. Innovation that happens from the top down tends to be orderly but dumb.” It’s all about collaboration. This sounds like the theory that Gen. David Petraeus employed in Afghanistan.

I love the observation cited in this book by former Michigan governor, Jennifer Granholm that “the electric car will be an iPad on wheels”.

Someone else makes this suggestion. Why not offer companies located anywhere else in the world five years of local, state, and federal tax relief if they open and maintain factories in the US which create jobs for that 5 year period.

It’s no surprise to anyone who reads Friedman’s columns that he’s a strong proponent for America to get past its oil fix. To Tom Friedman, “talent is the new oil”.
The 24 hour news cycle has made it even more attractive for journalists to turn national politics into theater. It’s all become a “who’s up/who’s down” game. Friedman & Mandelbaum talk about the impact of gerrymandering which is a process of dividing up political districts in order to provide political advantage to the party in control of the process. As the authors describe it, gerrymandering essentially assures the party in power that its candidate will win the primary election. Since most states allow only registered Republicans and Democrats to vote in primary elections, those of use who prefer to remain politically independent are excluded. That allows the rabid partisans to control the elections. Given the cost of multi-platform message distribution in the media these days, that leaves the winning candidate no choice but to placate the zealots. (Witness what’s been happening with President Obama and the left-wingers in the Democrats and Mitt Romney with the Republican Tea Partiers). The majority of Americans who want to see our politicians collaborate and compromise are left out of the conversation. Friedman & Mandelbaum favor a Teddy Roosevelt/Ross Perot-type third party candidate who has no hope to win but can influence the Presidential election. It wouldn’t surprise me in the 2012 Presidential election to see Barack Obama, the Republican candidate, and independent party candidates representing zealots on the left and right.

“That Used To Be Us” says that America’s fate in the 21st century depends on how we deal with the following challenges: globalization, the IT revolution, the deficit and energy consumption.

I found Tom Friedman’s last book to be somewhat tedious. This book is disturbing, enlightening, and inspiring.

I expected this book to contain information about various sociological discoveries and David Brooks’ interpretations of what they mean. Instead, Brooks has written an allegory to create a story about his protagonists which represent coalesce and represent various research findings. We learn about factors which influence their development (and our own) from conception, through childhood, young adulthood, middle age, and old age.

For instance, regarding sexual attraction, men tend to prefer women who have a 0.7 waist-to-hip ratio. There’s also equivalent information about qualities which unconsciously attract women to men but I don’t recall off the top of my head what they are. However, I don’t believe it had anything to do with hand and foot size.

Brooks tells us that research shows infants at a very early stage of development can “taste” sweetness in the foods that their pregnant mothers are ingesting which can influence the child’s appetites after birth. There also appears to be some credence that an infant in the womb responds to music which its mother is listening to.

The research does appear to show that we are responding emotionally even when we believe that our responses are based on rational thought.
For instance, the qualities which appear to be most important in predicting our ability to achieve and succeed have to do with our ability to detect patterns, to be attuned to others so that we can learn from them, the ability to be taught, our ability to be open-minded, and our ability to objectively weigh the strengths of our beliefs against the strengths of the actual evidence for or against those beliefs.

During an episode described in The Social Animal, one of the characters experiences a sense of personal fulfillment. Brooks explains that research has discovered that when our personal vision of the world is fulfilled, we experience a surge of pleasure from the release of chemicals in our brains.
He told a story to Charlie Rose during an interview about how Mark Zuckerberg’s biggest complaint about, “The Social Network” was that the movie didn’t do a good job of conveying the sheer passion and joy experienced by a programmer who gets the code right. That observation seemed to reinfornce Joseph Campbell’s advice to “Follow your bliss”.

If you’re interested in how evolution has affected our reactions to our physical environment, how our emotions are created, how ethnic cultures impact our responses to stimuli, and how the aging process affects our physical and emotional development, you should find a lot of food for thought in this book.

I listened to the 16 hour audio book with my teenaged daughter as we drove around the Northeast visiting various schools on her pre-senior year summer college tour. She found it interesting, as well. I would have preferred that the audio version was read by David Brooks but Arthur Morey does a good job and I think you’ll enjoy it.

Here’s David Brooks’ TED Talk about The Social Animal
http://youtu.be/rGfhahVBIQw

Russian journalist, Vladimir Abarinov reports for Radio Liberty, aka svobodanews.ru from his base in Saratoga Springs, New York. Our daughters attended the same school this year which is how Vladimir and I became acquainted.

Apparently, communications theorist Marshall McLuhan, the man who’s most famous observation is “The medium is the message”, is quite revered in Russia. Earlier this month, to mark the centennial of McLuhan’s birth, Abarinov asked if he might interview me about broadcasting and social media in America. What follows is the Google English’s translation of a portion of that interview from the original Russian transcript. Idiomatically, it’s a bit challenging, but….

Brindle: I truly admire the social networks and new opportunities arising with the advent of Internet radio and podcasts, which are now You can listen to the car dashboard. For me it is, in essence, a continuation and extension of what I have done before, but there is also a challenge. If you do business information, you can no longer be only newspaper people. or just a radio journalist, broadcaster or just. You should work on all platforms, in all guises at once incorporated into a product of sound, video and text. In addition, the audience is now more control over the content, it has become more active and more demanding. Those who are accustomed to the traditional one-way communication with the public, it is very difficult to restructure in this regard.

Abarinov Vladimir: We met with Ron because our daughter Mary and Sarah attend the same private boarding school for girls. Once we returned from school, and Ron complained to me that Sarah has blocked his access to his Facebook page”.” I replied that I have not blocked, but sometimes I can hardly understand what is written there. Our daughter while sitting in the back, listened and laughed. Is technology taken away from us our children?

Brindle: I do not think. Kids always find a way to stand apart from their parents. It is growing, and they want better relations with peers than with mom and dad. So they put us to the barriers. When I was in the same age as I did the same thing, just different. I do not think that technology hinder our communication with children, to me they, conversely, help. I will find something of interest in the network, showing her daughter with her and we discuss this information. It is useless to resist – you need to use technology as an opportunity for contact with children. But I recognize that they must also assert their independence. And then there is the risk that the information they publish to social networks, gain access someone else, so they limit their social circle friends whom they trust. Remember Congressman Wiener, who sent a””Twitter their intimate pictures. Now to leak so easily …

You can read the a transcript of the entire article here
http://www.svobodanews.ru/content/transcript/24269535.html

Last Sunday night, I have to admit to feeling uncomfortable watching the spontaneous celebrations outside of the White House following President Obama’s announcement that Osama bin Laden was dead.

My friend, Joe Templin, author of FINANCIAL MISTAKES OF NEW COLLEGE GRADS, provided some perspective. Joe reminded me that most of the people we saw celebrating were either in elementary school or middle school ten years ago. In their minds, they’ve lived most of their lives under an impending threat of terrorism. For them, it’s similar to the threat that we Baby Boomers felt about the potential for nuclear annihilation during the Cold War. Joe’s explanation helped me to better understand the students’ reaction. To them, it probably feels like an ending. I suspect that isn’t so.

Don’t get me wrong. A person with bin Laden’s list of crimes against humanity deserved a death sentence. However, as I watched the student’s celebrations and listened to their joyful shouts of “USA! USA!” the word tawdry came to mind. Perhaps the word I was really looking for was inappropriate. Probably, it’s my primarily English heritage and New England background but It seemed to me that a more reserved reaction would have been more dignified. We know we’re #1. The world knows that America’s #1. Why rub their noses in it. Isn’t our tendency to do so a major reason why they hate us?

I remember watching an old movie, “Saratoga Trunk” in which the character played by Ingrid Bergman is told that she’s beautiful. She responds: “Yes. Isn’t it lucky?” I’ve always admired that response and the sentiment behind it. Bergman’s character acknowledges that her natural beauty is a blessing which has been bestowed upon her rather than an attribute for which she is responsible.

It’s the same for us Americans. We take so many of our privileges and liberties for granted. We believe that it’s our right to vote even though we make little effort to actually be informed about what we’re voting for or against. As one friend defined that attitude, who needs facts when I can have an opinion!?!

I have faith that the core American values of fairness, equality, justice, industry and integrity will eventually win out against fear, evil and ruthlessness. When we triumph, I hope the primary image that history remembers won’t be of a Styrofoam index finger pointed skyward bearing the words “We’re #1!”.

Photos courtesy of DoctorMacro and CBS News

Alzheimer’s disease is an affliction which we tend to think of as an old person’s disease.

But beginning this year, Baby Boomers will be turning 65 at the rate of 10,000 every day. Now, compared to 65 year olds of previous generations, the Boomer group tends to be much more active, agile and adventurous.

Nevertheless, it’s estimated that one out of every 8 Baby Boomers will develop Alzheimer’s disease and right now doctors don’t have any way to prevent it, cure it or slow down its progression. Today, someone in America develops Alzheimer’s every 69 seconds. By 2050, that rate is expected to increase to one every 33 seconds. Those are sobering stats especially considering the conversations that are going on in Washington, DC right now about the future of health care in America.

The Alzheimer’s Association has just released a study dealing with this issue. You can read and download “Generation Alzheimer’s: The Defining Disease of the Baby Boomers” by clicking on www.alz.org/boomers

Last week, Fareed Zakara interviewed Sony Chairman Howard Stringer on CNN. During their discussion about the impact on Japan’s economy of the recent disaster, Stringer also discussed SONY’s mistakes in creating products for vertical vs horizontal platforms. The conversation offers some useful perspective about platform thinking in the 21st century.

The internet has certainly made researching a topic, company or individual easier but, if you’re like me, you still encounter a lot of stumbling blocks. Ann Smarty offers some very useful advice in this blog about Advanced Social Media Search
http://mashable.com/2011/03/25/advanced-social-media-search/

I’ve never used Google Adwords and, to be honest, feel a bit daunted by the process. Here’s a good primer from Matt Silverman:
http://mashable.com/2011/03/27/google-adwords-tips/

I’m not a member of Rotary but my wife was once president of a local chapter and I have a lot of respect for the work that its members do. One of the missions of the International Rotary organization is to help eradicate polio. Here’s their latest :60 PSA

The March 7th edition of Time magazine features a cover story about pain management and discusses how the new medical concept that chronic pain is a disease of the central nervous system is impacting the approaches that science and medicine are taking to help provide relief.
http://www.time.com/time/health/article/0,8599,2057269,00.html

Time also discusses non-pharmaceutical approaches using alternative treatments to ease pain including acupuncture and massage therapies. While reading these articles, I started thinking about about my daughter’s current project for her U.S. History course in which she’s researching PTSD (Post Traumatic Stress Disorder) and how it’s been viewed and treated in the context of various combat situations: The Civil War, World War I, World War II, Vietnam, Korea , Iraq and Afghanistan.

It also reminded me of a technique which I’d just learned about called “Tapping” which, in my admittedly primitive understanding, combines a mash-up of massage and acupuncture theories. “Tapping” is a term being used to describe EFT (Emotional Freedom Therapy) which was originally created by Gary Craig. This 19 minute video on the Stress Project site features vets from Vietnam and Iraq who suffer from PTSD and who have employed this therapy. I don’t doubt that you’ll be moved when you watch it.
http://www.stressproject.org/

EFT originator, Gary Craig retired in 2010 & transferred resources to the EFT Universe site. Craig warns about watered down or bastardized versions of EFT as “tapping” or “meridian tapping” therapies. You can see more details here.
http://www.eftuniverse.com/

The concept makes a certain amount of intuitive sense to me but I would need to explore it more fully. You can judge for yourself.

In the meantime, to quote Monty Python, “Now for something completely different”.

Digital media specialist and consultant, Shelly Palmer recommends that we fund PBS for just 3 more years and then cut them out of the budget. His argument centers around digital trends, not politics and whether or not you agree it’s an interesting read:
http://www.shellypalmer.com/2011/03/public-broadcasting-needs-three-more-years/

Remember what the social media world looked like three years ago? Probably not because you’re too busy trying to keep up with the new products, devices and services which seem to pop up on your radar screen every day.

XKCD and the marketing firm Flowtown have created “The Map of Online Communities” based on information from sources such as USA Today, Alexa,and Compete which gives some great perspective on how this have changed in the world of social media over the past 36 months.

First, the map of online communities for 2007:

Compare that information with the map for 2010:

Can you find MySpace on the 2010 map? Look southwest of Facebook.
Also, note the growth of Farmville.

How do you think the map will change by 2013?

Thanks to Fred Jacobs of Jacobs Media bring the XKCD/Flowtown maps to my attention.