Mind Over Maury

How I learned to stop complaining, and love ESPN.

Short fiction for guests of The WordFeeder.
Sunday, October 5, 2008
Printable version… Mind Over Maury PDF

“Hey, Sue.” It was Saturday morning, around 11. Maury was just coming back from Lowe’s with a half a dozen or so plastic bags filled with what he needed for the weekend’s projects around the house.

Sue had been friends with his wife, Doris, since college, a bridesmaid at their wedding 22 years ago. This morning, she had walked the few blocks from her house in their suburb to visit. The weather was perfect this morning early in the fall, cool, but not so much that they couldn’t have their coffee around the small table on the porch that wrapped around the front of Maury’s house. He was a little overweight, but still the same pleasantly good looking guy Doris has married, quick to smile, slow to get angry, devoted and attentive to his wife and children, especially lately.

“Hi, Maury,” Sue smiled back at him, sitting sideways, one leg tucked under the other on the cushion one of their wicker chairs, warming her hands around the fresh cup Doris had been pouring for her as he walked up the path from their driveway.

“Hi, honey,” Doris put the coffee pot back on the table, and was slouching back into her chair, crossing her feet on their way back to the ottoman in front of her. “What you got there?”

“Everything I need to clear up the last few items on your list,” he responded without the slightest trace of sarcasm. “Am I the perfect husband or what?” The truth is, he was, at least recently, including in the bed department to Doris’ pleasant surprise, and in every other respect.

“…or what,” she responded warmly, kidding him with her smile. “You need help?” Doris started to get up, watching Maury struggle to hold the screen door open with his left foot while opening the front door with his right hand, the bags he was holding now dangling from his risk.

“No, no. I’m fine.” And so she stayed where he was, waiting until she heard their door chunk shut before resuming her conversation with Sue.

“Wow,” Sue couldn’t help but notice, “what’s happened to him? I didn’t think Maury did stuff around the house, or anywhere for that matter…”

“…particularly,” Doris finished Sue’s sentence for her, “since he got that widescreen and added all those ESPN hi-def channels to our cable service.”

“So what did you do,” Sue asked her, pretending to suggest with her twice raised eye brows that it might have been something sexual, “to get his ass off the couch in your family room? …Something maybe I can do for Bob?”

Laughing as she sipped on her favorite, oversized coffee cup, Doris couldn’t wait to share her secret. “No, nothing like that, sad to say. It was, uh… Well, actually, I was going to the bathroom a few weeks ago, hiding out from the kids, fuming at Maury for ignoring them and me to watch some college game he couldn’t care less about.” Doris stopped for a moment, sat up and leaned forward toward Sue to talk to her more quietly, face to face. “So I’m sitting there fumbling through the stack of magazines in the basket, and I come across one of Maury’s Poplular Sciences from a few months ago. I figure, what the hell, I’m tired of reading catalogs anyway…”

“I know, there’s nothing in any of them worth buying anyway, and the models are beginning to look like children. Just pisses me off.”

“My point exactly, so I pick it up and start thumbing through the pages. It’s sort of interesting, but I was just killing time until I get to back where they have all these little classified ads, everything from Viagra to kits for making personal helicopters, stuff like that, and then this one little ad catches my eye.” She paused for dramatic effect, playing with her friend, taking a moment’s break for a gulp of coffee.

“Com’on, already,” Sue demanded, having fun being excited, “What was it?”

“It was this little ad for something called ‘Mindset,’ you know like a TV set gadget for your head. ‘Changing the way people think.’ was all it said, and a website. …I don’t know. It stuck in my mind for the rest of the afternoon so, what the hell, I went there.”

“So what’s it do?”

“It’s what they call a ‘smart card,’ like a credit card, but it’s programmable, that goes into a slot on the back of your cable box. Take a look. I didn’t even know there was one.”

“One what?”

“A slot, for the card, in the back of your cable box.”

“And what’s any of this have to do with Maury?”

“Listen, it’s simple.” Doris paused as if to give Sue time to write down what she was about to say. “…You put the smart card in your laptop, and run the software which lets you program one or more messages, just a few words, that the card will play every once and a while, every so many frames. It happens so fast, the person watching doesn’t know – and you can program it to run on only certain channels…”

“Like ESPN!” they sat back and said simultaneously, nodding their heads slightly up and down.

“It’s what they call,” Sue recognized the process from some book on marketing and psychology she’d read once, “subliminal advertising, isn’t it?” Doris smiled back at her in agreement. “… ‘subliminal’ because it affects the subconscious without the person watching knowing it. They tried an experiment once in movie theaters to see if they could get people to eat more Coke or pop corn. Apparently it worked so well, they made it illegal. …Isn’t it illegal?”

“Well, yes and no,” Doris was hedging. “The manual that came with it said it was illegal to use on other people without their knowing it, but…”

“Honey…” It was Maury, surprising them at the front door to ask a quick question. “Where did you put the shade you bought for our bathroom window?”

“It’s around the corner, in the bag leaning up against the coat stand.”

“Great. Sorry to interrupt.” And he was gone, the front door chunking behind him again.

“…According to the manual, it’s meant for personal use, you know, for people who want to stop smoking or suppress their appetite for snacking while they watch TV. …But I figured, why not give it shot.”

“And you programmed it to tell Maury what?”

“A couple of things. That I was amazing, and that he should do whatever I asked him to do, and love doing it.” She stopped to chug the last few drops in her cup. “…It took a week or so, but then it started to work, and just keeps getting better.”

“Unbelievable,” and then Sue laughed, almost squealing with excitement, “and I want one!!”

“Com’on. Let’s get out of here,” Doris checked her watch and stood up. I’ll get my pocketbook and keys. They’re right inside on the hook.” Pushing open the front door, she reached to her right to get what she needed, “Maury!” she shouted to him. “Sue and I are going to get some lunch and catch the 2 o’clock show. See you later.”

“Have a good time,” he shouted back to her. “I’ll be done with all this before you get back.” And she turned, pulling the heavy wooden door behind her, leaving it for the screen door to take care of itself.

An hour or so later, Maury’s buddy Jake wrapped on the sliding glass door to their walkout basement. Peering over his shoulder from couch in front of the widescreen TV, he waved to his friend to come inside – huge, almost life size football players running across the wall of plasma behind him. “Grab a beer, this is getting good,” which Jake did, plopping himself down in the overstuffed chair where he always sat, reaching over the arm of the couch to grab a handful of popcorn, dropping on a few kernels on the way to his mouth.

“Where’s Doris?” Jake asked without looking at his friend, his eyes fixed on the action in front of him.

“Out for the afternoon with Sue.”

“Does she know?”

“No. Never should have asked me to clean up the basement. Wouldn’t have found it if I hadn’t been vacuuming behind the cable box.”

“Can’t blame her.” Jake understood from his own wife’s constant complaining.

“Nah.”

“So you’ve reprogrammed it?”

Smiling, Maury took a rare moment to turn away from the screen. “Let just say I wouldn’t watch Oprah down here if I were you, …and the sex has never been better.”

-wf

What to read more? Just click here and pick a title you like.

Copyright as of the title date or earlier, by me.
(I write the WordFeeder blog.)  All rights reserved.
Email WordFeeder@verizon.net for additional information.

Creative Running

Short Fiction for Guests of the WordFeeder
Sunday, September 21, 2008
Printable version… Creative Running PDF

“Heh, heh, whooo. Heh, heh, whooo.” It was the cadence of his breathing, more prominent, in his head at least, than even the sound of his Nike’s hitting the pavement. As for the pattern, it was the letter “U” in Morse Code. He’d looked it up once. Beyond that, he didn’t know why and didn’t care – just one more idiosyncrasy among many he’d long ago given up trying to understand.

“It was unseasonably cold that morning, not yet 5 AM, running in the dark slowly up the hill to Grey Rock. He’d remembered to take his baseball cap, but not his gloves, and now the occasional rubbing of his hands together was breaking his stri…”

“Heh, heh, whooo.”

“Jesus, I’ve even starting thinking like I’m writing. That’s got to be an early, maybe not so early sign of mental illness,” he thought to himself, which turned out to be the point of it all. He was a good twenty pounds overweight, but the shape he was in or out of had nothing to do with why he ran.

“It’s my time to think. Just me, daydreaming to the rhythm of my breathing and the sound of the street, enjoying the contrast between running by the occasional street light and then through the pitch black tunnels under the leaves of the trees between them. I like it. I can’t sleep more than four or five hours at a time, anyway. Why not run? I get some of my best ideas when I’m running, especially in the early morning. It’s the nice thing about living in the suburbs. No cars, no pedestrians, not this early. Just me and the noise of some insects I don’t ever want to see, doing whatever they do in the bushes and trees between the houses.”

“Speaking of running, there goes my nose. There,” he paused for a moment to breathe in through his nose, “I’ll just suck it up. …Gross. Thank goodness there’s no one else…”

“Good morning.”

“Hi. Hi, uh,” he stammered his response, surprised by the really attractive thirty-something blond who ran past him, not a foot away to his side, coming in the other direction out of the darkness ahead of him. “Crap. The one really good looking jogger in the entire neighborhood and she passes me when I’m snorting. Perfect. That’s what she’ll remember about me for the rest of her life. Every time anyone around her so much as sniffs, she’ll think about me, the guy with the runny nose and no Kleenex. Precisely the impression I’ve always wanted to make on hot women I meet. Who knows? Maybe she finds vulgar personal behavior strangely compelling. Not a bad trait for one of my characters, maybe a stunning, drop dead beautiful woman with no apparent interest in personal hygiene.”

“Heh, heh, whooo. Heh, heh, whooo.”

“Hey!” A car turning off one of the side streets just missed him, cutting its turn too fast and too close to the curb as he approached the corner, somehow failing to see the light ban he wore on his right wrist. “Paperboy, my ass. Whatever happened to kids delivering the paper rolled up in the baskets on slow moving Schwinns, meandering down the streets, trying their best to lead their customers’ paths and front porches just perfectly, too cute for anyone to complain when they didn’t. …There, I’m doing it again. ‘Doctor, doctor, give me the news. I’ve got a bad case of…’”

“Bacon?! Wow, smell that bacon. Someone’s up early making breakfast,” he wondered, looking around for the source, as if he’d stop by for directions and maybe invite himself in. “God, I love the smell of bacon. I don’t see any lights. Must be a kitchen in the back of one of these houses with a vent running over the stove. Two eggs over easy. Four, maybe five hundred milligrams of cholesterol. Some chopped potatoes grilled in a fry pan. Just what I need.”

“Actually, what I need is to get back to work. Let’s see… ..Hey, what’s that? Hey! It’s uh.. yeah, it’s a naked woman running, running badly, more like flailing down the middle of the street! There!! Just ahead under the street lamps at the corner. She’s crying so much I can’t make out what she’s screaming. I’ve got to help her. I’ll speed up. Oh, man, she’s fallen down… ..No, no. Too sexual. Gratuitous nudity. Exciting, but no substitute for quality writing. On the other hand,” never wanting to forget a good gimmick, “the idea could come in handy one day.”

“Heh, heh, whooo. Heh, heh, whooo.” Unexpectedly, our runner looks up toward the sound of deep throated exhaust coming fast down the middle of the street, the throbbing of its speakers confirming an SUV from somewhere else.

“Asshole!!” one of the young men from the SUV shouted out the window at him when it drove by, uncomfortably close to where he was running, just a couple of feet from the curb.”

Turning quickly for what he was certain would be an unheard act of defiance, “That’s ‘Mr. Asshole,’ you jerk!”

“Who gave them,” he muttered between breaths, feeling like they’d picked on him and gotten away with it, “the right to interrupt my personal time? …Heh, heh, whooo. Heh, heh, whooo. …Can’t they see I’m working?”

“Unfortunately, the next thing he heard was the squealing of tires doing a fast one eighty behind him. They were coming back, this time with two of them hanging out the driver’s side windows closest to where he was running, driving on the wrong side, his side of the street.”

“Looking over his shoulder, he had a choice: Show them he wasn’t afraid, which would have been faking it, or run off the street between the houses, maybe look for some people who might be up to pound on their door. Figuring this was no time to pretend to be cool, and without anyone around to impress, he picked up speed and headed for the curb, thinking he should turn off his wrist ban in case they stopped and chased after him.”

“Probably just some teenagers who’ve had a few too many beers,” he said to himself, doing his best to rationalize away the fear he wasn’t accustomed to feeling. “Nothing to worry about.”

“Hey!” he heard someone shout from the car, “Eat this, ‘Mr. Asshole.’!! ..POP. POP, POP!”

“It was the sound of something he’d never even written about, the sound of something he’d only heard in the movies and on TV, and not at all what he expected. For a second, he didn’t even understand why he was falling to the sidewalk, ricocheting off a tree at the curb, thinking he had tripped, not feeling any pain or other sensation that would have told him the awful truth, that that popping sound might be the last he’d ever.. ..hear.”

“Nahhh. Way too dramatic. Heh, heh, whooo. Heh, heh, whooo.”

-wf

What to read more? Just click here and pick a title you like.

Copyright as of the title date or earlier, by me.
(I write the WordFeeder blog.)  All rights reserved.
Email WordFeeder@verizon.net for additional information.

The Forgotten Class: Upsizing the American Family

Saturday, October 4, 2008

Whatever happened to the “small Coke”?

“Yes, I’ll have a cheese Whopper, extra onions…”

“Extra onions?”

“Yes. I’m single.”

“No kidding.”

“…small fries, and a small Coke.”

Remember those days? Sad to say, there is no more small Coke, or small fries for that matter. “Medium” is the new “small.” The old small no longer exists. Unfortunately, this is where the analogy I’m about to make breaks down.

The candidates, especially Barack Obama who considers himself their champion, have been talking a lot about the “Middle Class,” offering tax and other programs to save them. Promises, promises, saying whatever it takes to get elected without regard to costs or other practical considerations. “Blah, blah, blah.” (So I’m becoming a tad cynical. It’s been a long, long campaign, and I don’t like anyone who’s running. Every four years I ask myself the same question, “Is this the best we can do?”)

Here’s the thing about the Middle Class. It’s not real, and it’s not relevant. If you define the middle using too broad a spectrum of household income, let’s say $25,000 to $125,000, you’ve included families at the low end who face a very different set of challenges than those at the upper end of that range. Household definition is also a factor. Do you honestly think a single parent family of three making $40,000 a year has anything in common with a single person household making the same salary? Of course not. And there are other factors that need to be taken into account related to education and training, profession and industry affiliation, location, age and, unfortunately, ethnicity and gender.

Even more important, and the reason for the title of this simple observation, the very fact of a Middle Class suggests that there is a lower one where the working poor and others who aren’t part of the economy live. What about these people whose problems have been largely omitted from the rhetoric of this campaign? It’s a particularly striking oversight given that the leading candidate is a person of color. Could be, come to think of it, a reason why he’s leading, that he’s managed to distance himself and his campaign from the poverty and constant recession we never think or do enough about. Not enough voters. Not enough contributors.

This is a Middle Class election. Tax the higher income families. Forget about the lower income families. The Middle Class is the only class that counts.

There’s the inference that somehow we’re all in the Middle Class or higher, that there is no “lower class.” Even the term is disparaging. But who are either of the candidates kidding? Ignoring a problem doesn’t make it go away. Think of the productivity we’re missing from our economy, the social costs in terms of quality of life not realized, the real costs of the services we actually do provide, and the potential increased levels of consumption that would benefit all of us if only we could help this other, invisible segment of our people have its shot at the American dream.


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Crying “Wolf!” …again.

Wednesday, October 1, 2008

Have you noticed that the Bush Administration has a propensity for crying “Wolf!”? Remember the non-existent weapons of mass destruction on the basis of which our Congress voted to authorize what turned out to be a war in Iraq? That’s what I’m talking about.

I think it’s happening again, this time in the form of an assertion that our economy is hanging on by a thread, on the edge of oblivion. Other than the Administration and representatives of the banks and other financial institutions that stand to benefit from a bailout, and the reporters that cover the financial sector, what independent confirmation, what detailed information do we have to confirm that there is a crisis and that, even if there is, it has anything to with the subprime mortgage mess?

How much of the stress the economy may be showing is real, or the result of our government telling everyone how bad things are? If our Secretary of the Treasury and President tell us the economy is tanking, couldn’t that have a depressing effect on consumer spending and business investments? Of course it will. Worse, it’s a self-fulfilling prophecy. The more bad news they shout, the more severe their predictions, the worse the impact of those proclamations which those same government leaders then use to justify their warnings.

Our government needs to calm down. Our Congress needs to demand independent proof of the extent of our crisis, and consider alternative solutions. We’ve made this mistake before at the cost of lives that shouldn’t have been lost, and a fortune that could have been spent in so many more productive ways. Rushing to spend our way out of a problem we don’t even understand will be no less costly or more effective at accomplishing objectives we have yet to adequately define.

To paraphrase the old adage … Fool us once, shame on the Bush Administration. Fool us twice, shame on Congress and those of us who failed to raise their hands and say, “No. Not this time.”


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Just because the Dow drops 777.68 points…

Monday, September 29, 2008

… doesn’t mean the entire economy is having a bad day.  Sure, if you’re holding stock that’s gone down, you’re net worth is lower – but then the market has a long history of coming back.

What it could also mean is that a lot of people were betting on the fact the government was getting ready to spread around some serious money.  That didn’t happen today and so lots of people got nervous and assumed that everyone else would get nervous, so they sold to get out ahead of the drop, and then the other people saw the prices falling and said, “I knew it!” and they sold…  Hey, it’s a speculative market.  What did you expect?

Actually, stock prices are driven by two factors:  real changes in the fortunes of our publicly held companies, and speculation.  Some of the speculation is about profits and potential growth, but a lot of it, especially in the context of wild ass (pardon me) doomsday language coming out of the Administration, is just pure speculation, plain and not so simple.  (Keep in mind that some people on Wall Street and elsewhere in investment banking make as much or more money during downturns than upswings.  Even among we ordinary people, who out there on isn’t wondering, “You know, honey, maybe this would be a good time to buy?” …”Don’t be ridiculous. Not until we redo the kitchen.”)

The point is, nothing has happened to the real component of our economy in the last few hours.  Prices will go back up, eventually.  They always have.  This is not the end of our economy as we know it.  Not even close.  (Citicorp helped out Wachovia today, and they did it all by themselves without government assistance.)

I’d like to personally ask Congress to avoid being distracted by stock prices, whichever way they’re moving, and focus on defining the extent of the current problem and evaluating alternative solutions.  To borrow a phrase from James Carville of the Bill Clinton campaign, “It’s about the economy stupid,” which is something much larger, much more powerful, much more deserving of your attention, than the momentary fluctuations of a very, very speculative market.


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Headline of the Day: “HOUSE REJECTS BAILOUT BILL”*

Monday, September 29, 2008

*www.MSNBC.com , 3:06 PM ET
Leadership pressure fails
House defeats a $700 billion emergency rescue package, ignoring urgent pleas from President Bush and congressional leaders to quickly bail out the staggering financial industry.”

How ‘bout that. A House of Representatives that is actually listening to the people it represents. Isn’t that something?

Once again, will someone please tell the Administration – and Congressional leadership – to calm down and demand that someone – someone other than Secretary Paulson, Chairman Bernanke or, heaven forbid, President Bush – confirm, in detail, that we are, in fact, in the midst of a crisis and that that the financial sector isn’t already in the process of healing itself without the need for massive government assistance?

Remember, this is the same Administration that rushed us into a war in Iraq because of the threat of non-existent weapons of mass destruction. Fool me once, shame on you. Fool me twice, shame on me.


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About Taxes and Believing Anything Barack Obama Says

“And if you’re not really serious about lowering our taxes in the first place, well then shame on you for promising you would.”
Monday, September 29, 2008

There are taxes, and then there are taxes. To be more precise, there are sales and income taxes that we pay as individuals, and then there are other ways in which the spending power of our income can be reduced. These “other ways” are related to inflation, such as higher prices for food and gas, for the energy we need to light and heat or air condition our homes, and for prescriptions and medical care. The higher those prices relative to our income, the less of those items and other goods and services we can afford. It doesn’t do us any good to lower our income taxes on one hand, while reducing the buying power of our disposable income – and the quality of our lives – on the other. And if you’re not really serious about lowering our taxes in the first place, well then shame on you for promising you would.

No question about it. As far as I can tell, Senator Obama has promised to reduce taxes for most middle and lower income Americans. He’s done this, not because it makes any sense, but because he wants to be elected President, and he doesn’t have the nerve, the integrity or the respect for the American electorate to tell us the truth. Bold talk on my part, I know. But then I can prove it. I can prove that he’s not being straightforward with us by appealing to your intelligence and objectivity with the following simple argument. Here goes…

As of today, our national debt is approximately $9.85 trillion.* Of this total, $5.67 trillion is held by the American public. The other $4.18 trillion, by the governments of other nations. Needless to say, $9.85 trillion is a huge number. To date, in the first 11 months of this federal government fiscal year, we have paid over $431 billion of interest on this debt. It’s breathtaking.

The inflationary impact of our national debt is particularly insidious for its relatively subtle effects on our economy which impact our middle and lower income citizens more dramatically than higher income families – which is almost always the case. The higher income your family, the more easily you can suffer the impact of any adverse economic situation, and the more effectively you can pass through those costs to protect your disposable income. Interest we pay on the national debt reduces our government’s disposable income, reducing the level of all manner of government services we can afford. Not incidentally, the more we borrow, the greater the upward pressure on the cost of money our people and businesses borrow.

Our Congress is getting ready to approve the expenditure of $700 billion to resolve an economic crisis which may not be real and/or may already be in the process of resolving itself without the need for government assistance. Add this $700 billion to the national debt, because we don’t have the money.

On top of all this debt, Senator Obama has proposed lower taxes to middle and lower income families – which will, of course, reduce government revenues. One estimate is that the income tax reductions he’s proposed for 2009 alone will reduce government revenues by $448 billion, $5.87 trillion over the next 10 years.**

At the same time, he has proposed an exceptionally liberal-minded array of programs. Basically, he’s promised everything to everyone almost without regard to the cost of providing those services.

Okay, here’s the question. You answer it, and then let me know if you still believe Barack Obama is going to lower taxes for 90% of America’s families, while providing all new programs and services he’s promised us. How is he… No, to be fair, how are we going to pay for all this? For the $700 billion to bail out our financial sector, for all the programs Senator Obama has promised us, and for the reduced taxes to 90% of our families? Here are our choices:

Charge it to the national debt, but that’s not good for the reasons I’ve already mentioned.

Increase taxes on higher income families. These are the professionals and small business owners who make six figure incomes, but you know what? Many of these people are just going to pass through those higher taxes to the consumers they serve, directly or indirectly, by raising the prices of the services they provide and the products they produce. If they don’t, their disposable income and profits will be reduced, as will their levels of consumption and investment with negative consequences for employment and the economy overall.

Increase taxes on corporate profits. Same problem. Those taxes will be passed through to the same middle and lower income families Senator Obama is promising to help. It may be easier to get votes telling people you’ll lower their taxes at the expense of higher income families and businesses, but it’s nonsense. Who’s he kidding? Someone’s going to eat the effect of those higher taxes.

Why not just reduce the level of new programs and other government services Senator Obama is promising? Of course. Unfortunately, it’s a topic on which Senator Obama has been strikingly vague, because telling us, for example, that we can’t afford to do universal healthcare isn’t what his supporters and the undecided want to hear.

So what does that leave? Well, for one thing, he can save $448 billion next year alone by not lowering middle and lower income taxes. And if he’s sincerely concerned about stimulating the economy, he can keep constant or even reduce taxes on higher income families and businesses, especially small businesses which need all the help they can get just to maintain their current levels of employment and growth.

On several occasions, Senator Obama, when pressured by interviewers, has admitted that he’ll be re-evaluating all his positions – including on spending and tax relief – depending upon economic conditions after he’s elected. From his March 27, 2008 interview with CNBC’s Maria Bartiromo, “Well, look, there’s no doubt that anything I do is going to be premised on what the economic situation is when I take office.”*** Of course it will, and we want the President to be flexible, but let me translate for you: “None of those lower taxes and the endless array of government services I’ve been promising are chiseled in stone. I don’t have the experience or the time to really figure all this out right now, and there’s no way I’m giving you any bad news, however real. Give me a break. I’m just a little more than month from realizing a dream I’ve had ever since I was a kid. Why blow it now with the truth?”

*TreasuryDirect.gov… The Extent of Our National Debt.

**TaxPolicyCenter.org… The Tax Effect of Senator Obama’s Program, compiled from various sources they cite.

***See the complete interview at CNBC.com… Maria Bartiromo’s Interview With Barack Obama.


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Secretary Henry Paulson: Is this the person we want devising a program to save Wall Street?

“He also owns options to purchase 680,474 shares of [Goldman Sachs] common stock, all of which [were] exercisable.”
Monday, September 29, 2008

Before we go any further, I don’t have an answer to the question posed by the title.

On one hand, it’s certainly a good idea to have someone with Secretary Paulson’s understanding of finance and our financial institutions handling the current crisis. On the other hand, do we really want someone this close to Wall Street in charge? The same Secretary of the Treasury who, for more than two years, has watched us inch closer and closer to the emergency he now tells us the worst peril for our economy since The Great Depression? Close advisor, maybe, but in charge? The primary source of information about the crisis on the basis of which our Congress is ready to spend $700 billion?

The first of the two enclosed PDFs is the Treasury Department biography for Mr. Paulson.* (I’m giving you the link to the PDF I made, but also to the website which contains the original material.) It confirms that, prior to assuming his current position at Treasury, he “was Chairman and Chief Executive Officer of Goldman Sachs since the firm’s initial public offering in 1999,” and where he had been employed since 1974.

What’s interesting is what the Treasury biography omits, that being any reference to the $492 million of Goldman Sachs stock Secretary Paulson sold when he was confirmed by the Senate, and his other Goldman Sachs-related holdings and options. See the Wall Street Journal “Market Watch” report I’ve included below.** Interesting reading, to say the least. Among other notable details, “He also owns options to purchase 680,474 shares of common stock, all of which [were] exercisable” as of the publication date, June 30, 2006.

Goldman Sachs Group (NYSE: GS) closed on Friday at $137.99. Over the past 52 weeks, Goldman Sachs has traded between $86.31 and $250.70.

So what do you think?

*Link to PDF… PDF Version of Treasury Biography
Link to original source… Original Treasury Biography

**Link to PDF… PDF Version of WSJ Market Watch Report
Link to original source… Original WSJ Market Watch Report


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That was depressing.

“Something’s fundamentally wrong with our political process, and we need to fix it in a hurry.”
Saturday, September 27, 2008

I watched the debate last night hoping, in vain, that one of the candidates would surprise me, but that didn’t happen.

As usual, Senator Obama was overly self-assured, somehow confident that the endless array of objectives he has laid out for his Presidency can be accomplished without regard for their cost. His underlying assumption that he can control or significantly influence our economy, our society and the behavior of other countries is clearly naïve. Promises, promises. I’m not sure there’s anything we might want to do as a nation that he hasn’t promised, even though some of those commitments, such as balancing the budget, are clearly in conflict with others.

He’s inexperienced, and it shows. In the three years he’s been a US Senator, he’s done nothing to confirm his commitment to, or ability to effect the profound change he keeps talking about. I keep asking myself, “What’s he been waiting for?” The answer is that he’s waiting to be elected President. That’s the goal. He desperately wants to be elected President, and probably will. Then what?

Ironically, between the two of them, Senator McCain is the one who gets it. He’s experienced in the workings of our government, and in foreign policy and national security in particular. By comparison, Senator Obama has virtually no experience, period. He’s functionally an academic candidate offering us a textbook administration that sounds good on paper. As for his ability to deliver on any of this, it’s just something we’ll have to take on faith. Personally, I’m not inclined to risk our country and my family’s welfare to enable Barack Obama to realize his personal dream.

McCain’s not afraid, the way I sense Senator Obama might be beneath his almost boring veneer of calm, cool and collected. The extra almost quarter century Senator McCain has been alive and working in government service would give anyone a sense of reality that I respect. The problem is that he’s not, frankly, smart enough. His command of economic issues is poor. His vision, limited, no doubt by precisely the same experiences which make him so valuable in other respects. As a senior foreign policy, national security advisor, he’d be perfect. As a one term President, which is likely to be the case given his age, I’m not so sure.

Every four years, it seems, I find myself asking the same question. Is this the best our political system can offer us? Where is the professional manager, the senior executive who can balance a budget and cost-effectively deliver the programs we need? All I want is someone who can run the government like a highly profitable business, with the requisite creativity, compassion, leadership and relationship skills The Oval Office demands. What? Is that too much to ask, more than I have a right to expect from a single man or woman? Yeah, you’re right. I don’t know what got into me. It’s just that, every four years, I get the overwhelming feeling that we’re just going through the motions. There’s a sense of déjà vu I can’t shake.

Roughly half the electorate favors one of the candidates, plus or minus a couple of percentage points. The other half, the other candidate. Whatever your half, do you really think the other half is confused or stupid, that they’re overlooking some fundamental points that you find so obvious, but that they’re missing entirely? Of course not. (Maybe you do, but you shouldn’t.) So what does that tell you? That there are no real substantive differences between these candidates, only the pretence of substance. That the only thing that counts is style and chemistry. Does anyone out there who’s been around for a while really think who we elect is going to make any difference, and that we’re not going to be hearing the same arguments from people promising to solve the same problems four years from now?

What confidence do you have, after last night’s debate and from the other debate that’s ongoing in Washington about the financial sector crisis that may not even exist, in our government’s ability to do anything significant? Something’s fundamentally wrong with our political process, and we need to fix it in a hurry.

I need to stop typing and have lunch, preferably something with icing on it.


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Questioning the Judgment of Barack Obama

“In the absence of information unknown to either of them at the time, the fact that he didn’t agree with Senator Clinton doesn’t make him right, it makes him dangerously, recklessly presumptuous, and offers proof of his lack of preparedness and poor judgment.”

Friday, September 26, 2008

Good morning. This piece was originally published under the title “Reckless Endangerment” months ago, on Saturday, February 23, 2008. I wrote it in reaction to Senator Obama’s repeated claims that he was opposed to the war in Iraq from the very beginning. At some point, I took the time to read the speech to which he was referring and realized two things: That he was, in fact, against the war from the beginning, but that in saying so he was pandering to his audience and, most importantly, showing poor, I thought decidedly un-Presidential judgment in light of the circumstances of his opinion as defined by his own words in that same speech.

Given that tonight’s first Presidential debate is on the subject of foreign policy and national security, I thought it appropriate that I post this piece again for fresh eyes who may be visiting the WordFeeder now, but weren’t then when I was just getting started. It’s a longer piece, but interesting history that’s worth reading. Here it is. As always, your comments will be greatly appreciated.

Reckless Endangerment
Saturday, February 23, 2008

Enough already.

Senator Obama makes a big deal about how his early opposition to the war in Iraq is proof positive of his judgment and readiness to be President – in sharp contrast to Senator Clinton who, at the same time, voted to endorse the use of military force. Never missing an opportunity to remind us of this point, Senator Obama made the following statement during Thursday’s Democratic debate in Austin:

But [being Commander-in-Chief] also means using our military wisely. And on what I believe was the single most important foreign policy decision of this generation, whether or not to go to war in Iraq, I believe I showed the judgment of a commander-in-chief. And I think that Senator Clinton was wrong in her judgment on that.

Let’s overlook the excessively dramatic and technically meaningless reference to the “single most important foreign policy decision of this generation.” (Precisely what generation would that be, and are those people done making history?) Forget about the fact that he didn’t demonstrate his judgment back then by voting for anything. What he “showed” us was a speech of perhaps two typewritten pages. Let’s focus instead upon the meat of the decision to which the Senator is referring.

On October 2, 2002, now US Senator, then Illinois State Senator Barack Obama delivered a brief speech entitled “Against Going to War with Iraq.” The speech was presented at an anti-Iraq war rally in Chicago. It was short, and to the point. My apologies for including such an extensive quote, but I want both to do the Senator justice as well as make my point with his own words.

I don’t oppose all wars. …[What I oppose is a] dumb war. A rash war. A war based not on reason but on passion, not on principle but on politics.

Now let me be clear – I suffer no illusions about Saddam Hussein. He is a brutal man. A ruthless man. A man who butchers his own people to secure his own power. He has repeatedly defied UN resolutions, thwarted UN inspection teams, developed chemical and biological weapons, and coveted nuclear capacity.

He’s a bad buy. The world, and the Iraqi people, would be better off without him.

But I also know that Saddam poses no imminent and direct threat to the United States, or to his neighbors, that the Iraqi economy is in shambles, that the Iraqi military a fraction of its former strength, and that in concert with the international community he can be contained until, in the way of all petty dictators, he falls away into the dustbin of history.

I know that even a successful war against Iraq will require a US occupation of undetermined length, at undetermined cost, with undetermined consequences. I know that an invasion of Iraq without a clear rationale and without strong international support will only fan the flames of the Middle East, and encourage the worst, rather than the best, impulses of the Arab world, and strengthen the recruitment arm of al-Qaeda.

I am not opposed to all wars. I’m opposed to dumb wars.

As always, his oratory is impressive, but is it meaningful? It’s prophetic, to say the least, but was it wise, or lucky? Is it indicative of responsible judgment befitting a President of the United States, or does it just sound good?

Eight days later, on October 10, 2002, Senator Clinton stood on the floor of the US Senate and delivered her speech in favor of Senate Joint Resolution 45, “A Resolution to Authorize the Use of United States Armed Forces Against Iraq.” It was a much longer speech which described the history of events which led to the resolution, and which explained the basis for her support. “Today,” she began, “we are asked whether to give the President of the United States authority to use force in Iraq should diplomatic efforts fail to dismantle Saddam Hussein’s chemical and biological weapons and his nuclear program.” As it turned out, this Senate resolution was tabled in favor of House Joint Resolution 114 (“Authorization for Use of Military Force Against Iraq”). HJ Resolution 114 passed the House 296-133, and the Senate 77-23 on October 11, 2002, with Senator Clinton voting, “Yes.” This was the vote she refuses to admit was a mistake. I don’t think it was, nor do I believe that State Senator Obama, had he been US Senator Obama at the time, would have voted differently. To believe otherwise is to suggest that Senator Obama lacks the maturity and judgment to be President.

It’s all about the famously non-existent “Weapons of Mass Destruction.” The point is, they weren’t known to be non-existent at the time. Take another look the second paragraph in my excerpt from Senator Obama’s speech. In his own words, he acknowledges these weapons, believing, as did Senator Clinton, that they were real. The difference is that, just a few words later in the same speech, he asserts “But I also know that Saddam poses no imminent and direct threat to the United States.” On that basis, all attempts to negotiate having failed, Senator Obama believed then and still argues that the use of military force to protect the United States against these weapons, via their direct use and/or dissemination among those elsewhere who would use them against us, is “dumb” and unwarranted.

How is it that State Senator Obama had better information about Iraq and other people threatening our country than the majority of US Senators and Representatives who supported HJ Resolution 114? Or was he just winging it? In the absence of information unknown to either of them at the time, the fact that he didn’t agree with Senator Clinton doesn’t make him right, it makes him dangerously, recklessly presumptuous, and offers proof of his lack of preparedness and poor judgment.

Don’t trust my opinion? Of course not, what do I know? Why should you? So ask yourself. To everyone of you who might read this, especially those of you considering voting for Senator Obama in the upcoming primaries in Texas, Ohio and Pennsylvania, if you believed as did Senators Obama and Clinton that there were weapons of mass destruction, chemical, biological and nuclear, in the hands of, or being developed by the likes of Saddam Hussein, how would you have voted? Do you really want to nominate a candidate for President who would have voted differently? A candidate who would have voted not to use military force as a last resort, but who would have chosen instead to hope for the best until Saddam Hussein “falls into the dustbin of history”?

Don’t like this line of questioning? Get used to it. I’m fairly certain it’s Chapter 1 in John McCain’s campaign strategy notebook, the one with the cover title: “How to Defeat Barack Obama in the fall.”

Did things turn out pretty much the way Senator Obama predicted? Absolutely, but what happened after HJ Resolution 114 was passed, the way our current President abused and botched the limited authority given to him by Congress, isn’t the issue. It’s hindsight.

Focus on the speeches by Senator Obama on October 2, 2002, and by Senator Clinton, just 8 days later. Forget about the excitement of the rallies, and the passion of your favorite candidate’s rhetoric. It’s just you. Ask yourself, given that both candidates, as well as everyone else, believed in the existence of weapons of mass destruction in the hands of a despot which Senator Obama himself described as a “brutal,” “ruthless man,” how would you have voted? Do you really want to risk the country, the lives of your family and friends, not to mention your own, on a candidate for President who would have voted differently?


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