Reflections and Projections

2011 was an eventful year for me.  It was my first full year back from Tokyo, where events in March reminded me that timing is everything…and that Earth > man.  My transition back into American life was seamless, as evidenced by my willingness to spend money on stupid things and eat lots of meat.  That was until about November, when viewings of various documentaries convinced me that eating meat actually is kinda gross, and a reading of Steve Jobs’ life reminded me that less can indeed be more.  Who knows whether I’ll stick with it but the early results look promising.

I earned an MBA and ran a marathon during the year, which I think officially qualifies me as an A-type personality.  This puts me in rarefied air since 3% of the U.S. population has an MBA and 1% has run a marathon.  According to my calculations, that makes me one of sixteen people in the country to have done both, which proves that I’m both unique and good at imaginary math.  Both accomplishments involved discipline and constant reminders that it would all be worth it in the end.  Conventional wisdom suggests that I should be smarter and fitter as a result.  Instead, I feel broker and more broken.  These are the practical outcomes of actually paying for an MBA and running hundreds of miles over the course of a few months.  Having people assume that you’re smart is expensive.  And pounding your joints for miles on end is painful.  Would I ever do both again?  No.  Am I glad I did them?  Yes.  Does that make me a walking contradiction?  Perhaps.  Is my beard itching me as I write this?  You betcha.

On balance, I’d characterize 2011 as a generally good year.  Sure, my investment portfolio succumbed to the gyrations of a schizophrenic market, my head ceded more space to my scalp, and poor Kim Kardashian lost love as quickly as she found it.  But a year that sees Muammar Gaddafi take one in the pooper just prior to his expiration and Osama bin Laden get double-tapped by our nation’s finest is good by me.  This happiness was, of course, lessened by the deaths of the incomparable Christopher Hitchens and Steve Jobs.  And the fact that Kim Jong Il was felled by a heart attack in his sleep – when he should’ve met an end more horrific than Gaddafi’s, were justice to prevail – was disappointing.  But as the Cowboys prove, you can’t win ‘em all (or most of ‘em, for that matter).

I don’t much like New Year’s resolutions since they usually focus on bettering our lesser selves.  This involves acknowledgement of imperfection and weakness, which is never fun and not entirely relevant given that I am without fault in all respects.  But trying to be better is a dandy enough exercise – and making lists is fun – so let’s have at it.  Onward and upward, I shall endeavor to do the following in 2012:

  1. Use my iPhone more for tracking my fantasy teams than for checking work email.
  2. Finally finish a book written by Jonathan Franzen (we’ll leave David Foster Wallace for a more ambitious time).
  3. Drink less alcohol.
  4. Blog more, especially when drinking alcohol.
  5. Lessen my news consumption so as to increase my love of country.
  6. Learn to appreciate the joy of quiet (as Pico Iyer so eloquently explained in a recent OpEd, “…it’s only by having some distance from the world that you can see it whole, and understand what you should be doing with it”).
  7. Enjoy my Fall weekends more.  In other words, watch less of the Irish on Saturdays and the Cowboys on Sundays.
  8. Read more of the books that are already on my bookshelf rather than adding to them with new purchases.
  9. Finally return that voicemail that Warren Buffett left me.
  10. Write a book.  It will be about stuff.  I think you’ll like it.

Oh, The Irony Of It All

The Pope used his Christmas Eve mass this year as yet another occasion to decry the commercialization of Christmas.  He said we should look past the “superficial glitter” of the season and instead focus on “the child in the stable in Bethlehem”.  Being a fan of all things ironic, I enjoyed that this message was being delivered by a Prada-wearing pontiff who resides over the single richest institution on the planet.  Indeed, the Catholic Church has over the ages perfected the art of many things, not least of them the ability to achieve ginormous commercial success.

Consider first the rather high likelihood that Jesus wasn’t even born on December 25.  The Bible gives no specific date of birth and descriptions of the manor scene are suggestive of Spring rather than Winter.  In those times, birthdays were less relevant than death days, so not much was made of Jesus’ birth until the church’s brain trust decided to make a play for popularity by taking on the popular pagan religions of the time (most of whom engaged in special celebrations around the time of the Winter solstice).  As church leaders debated strategies for supplanting the popular cults, they chose to wage a head-to-head battle for attention on an already established sacred date.  December 25 had long been the pagan day for celebrating the births of their own gods, but now the upstart Christians would claim that day as their own.  In a masterful twist of revisionist history – and a brilliant stroke of marketing – church leaders declared that December 25 just so happened to also be the day when their Jesus Christ was born (note this declaration was made some 400 years after Jesus’ death).  This made it easier for converts to transition to a new belief system since they were already accustomed to treating this time of year as holy.  Location, framing, and timing are crucial to the success of many businesses, something to which the early church leaders were highly attuned.

Christianity – more specifically, Catholicism – took this temporal sleight of hand and built one of the most successful commercial enterprises of all time.  It is a fact that the Vatican has amassed ungodly sums of money through centuries of force and fleecing, a wealth that is flaunted in its grandiose cathedrals and priceless art collections.  And we can be sure that churches across the globe are doing their part to grow (or at least sustain) that wealth by using the holy season to maximize their revenues through timely manipulation of spiritual heartstrings.  Marketing, positioning, branding.  These are hallmarks of any commercial pursuit.  And dare I say that the Pope and his peeps are among the savviest purveyors of their product this planet has ever seen.

Christmas can, of course, be a time for contemplation and good deeds.  And in many cases – thankfully – it is.  But it’s also a nice reminder for the realists among us that money makes the great world spin.  For money is the root of all power, a fact easily observable in the spheres of finance, entertainment, politics, education, sports, and – yes – religion.  The reality is the consumerism that the Pope pretends to discourage is the very lifeblood of his existence.  The church needs its parishioners to have disposable income so that they can be in a position to tithe (and consume goodwill).  This requires some degree of economic growth in a particular society, which is dependent upon consumption.  The more people consume, the more economic activity there is.  The more economic activity there is, the more earnings there are for companies to distribute as income.  The more income there is, the more donations the church can hope to receive.  On a truly spiritual level, I’d bet that the Pope would prefer that everyone sat around praying, being thankful, and thinking about doing good deeds.  But on a practical level, you can be your bottom dollar that the Christmas his church really wants is precisely the one that it currently has.

Speaking of irony, someone who enjoyed such incongruities was Christopher Hitchens, who sadly lost his battle with esophageal cancer last week.  He would’ve found ironic the fact that he left this world just days before the death of one of history’s most detestable human beings, Kim Jong Il.  For Hitch was an opponent of many things, not least of which included totalitarianism and dogma of any stripe, making him an enemy of despots and religious zealots the world over.  Some might paint his “militant” atheism as being evidence of his own dogmatism but that would miss the point.  While his distaste for religion undoubtedly served to nurture his own penchant for contrarianism (not to mention a good fight), his spiritual denials had more to do with rejecting the obsequiousness that comes with blind devotion to any cause or person.  He despised cults of personality and the mass suffering they had the potential to produce.  He detested the rejection of reason that is a prerequisite for faith.  His disappointment in humanity was palpable whenever he contemplated the killing done in religion’s name.  His battle wasn’t with the religious per se but with the hypocrisy, violence, and disingenuousness that religion often begets.  And while some claim that his outspoken assault on religion was a war on belief writ large (making him as much the fundamentalist as his opponents), Hitch was no more a proselytizer of atheism than a science professor is an advocate for the scientific method.  His erudition made it easy to maintain courage in his convictions, and watching him dismantle arguments (with spoken or written word) was truly a sight to behold.  He was a writer, thinker, and agent provocateur of the highest order.  It’s easy to conclude that the world is a much better place without the likes of Kim Jong Il in it.  The same most definitely cannot be said about Hitch.  From his loss, nothing is to be gained.

Occupy Hollywood

Interesting piece by Frank Bruni in today’s NY Times, which takes to task the uncomfortable hypocrisy on display when (insanely) rich entertainers consort with the Occupy Wall Street (OWS) crowd.  Though it strikes an inherently sympathetic chord for the OWS movement, I appreciated the article’s larger point: That many of the well-to-do musicians and actors lending their support (e.g., Michael Moore, Kanye West, Susan Sarandon, Alec Baldwin, etc.) are quite guilty of the “crime” that lies at the heart of the protests, which is that of benefitting from massive inequality in economic outcomes (i.e. income disparity) and/or helping to feed the machine that perpetuates said inequalities (i.e. corporations).

Entertainers are members of the well-connected economic elite against which Occupy Wall Street ostensibly rages, whether or not they want to see themselves that way. True, they’re not bundling mortgages, and they often have their extravagantly beating hearts in the right place. Many donate generously to charity. Many do remarkable good. But they nonetheless make oodles of money for themselves and for major corporations with lavishly compensated executives: the corporations that bankroll and distribute their television shows, movies, record albums and concert tours; the corporations that peddle the clothing, electronics and ever-so-important cosmetics and styling products that entertainers are paid so handsomely to model and endorse.

On a somewhat related tangent, it’s a slippery slope when one makes value judgments on the income of others and/or how those with money choose to spend it (assuming such wealth is not ill-gotten).  When it comes to this, Michael Moore is a hypocrite of monumental proportions, and it is equal parts sad and maddening to see so many on the left fall prey to the man’s totally insincere and self-serving machinations.  When I saw Moore conduct a capitalism-bashing interview from Zuccotti Park with hoards of OWS supporters behind him, I wanted to jump through the screen and slap some sense into the throng.  Don’t they realize that his presence there is part of a promotional calculus that serves to brandish Moore’s self-fashioned image as a populist?  When in reality the man is a populist only to the extent that it facilitates his ability to be a capitalist (i.e., make more money)? Side note: According to most reports, Moore’s estimated net worth is $50 million, which comfortably places him within the top 1% of Americans singled out by OWS as the enemy.

When I think of Michael Moore and his ilk, with all their faux (or simply misguided) anti-capitalist pulpit-pounding, I can’t help but be reminded of the corrupt politician from Martin Scorsese’s Gangs of New York whose populist rhetoric – which underpinned his own political survival – helped fuel the fire of revolt.  And when that mob succumbed to a violent inertia, it visited upon that politician – sequestered away in his opulent mansion – its own form of fiery “justice”.  Taken to its logical conclusion, what did that politician expect would happen when protest fueled by populist passion reached its fever pitch?

I’m a firm believer in the notion that economics does a pretty good job of explaining pretty much everything.  And though the OWS crowd has some legitimate complaints (e.g. corruption in politics), most of the systemic ills it seeks to address have long existed without much concern.  But for the fact that unemployment remains stubbornly high and wage growth has been stagnant for a decade (on average), OWS would simply not exist.  The reality is as sad as it is simple: A lot of people are struggling to make ends meet and most of them don’t see much reason for hope.  In such times, it’s easy to bash Wall Street and global financiers because Washington and the media need a convenient scapegoat (for needs of diversion and villainy, respectively).  But at the end of the day, income disparity exists across the industry spectrum, and Wall Street certainly doesn’t own a monopoly on ridiculous pay packages (see Silicon Valley, the NBA/NFL/MLB, and Hollywood for a few other examples).  What Moore et al. fail to recognize is that they in many ways personify the “evil” that has become the system and should therefore be careful what they wish for.  After all, as The Economist reminded us this week, “Populist anger, especially if it has no coherent agenda, can go anywhere in times of want.”

Occupy Herbstreit

Stumbled upon a great little photo collection called Occupy Herbstreit today.  It chronicles the work of a guy who has jokingly infiltrated the Occupy Wall Street protests with his own signs that bring college football into the mix.  (Note: Kirk Herbstreit is a well-known college football analyst for ESPN).  Good stuff.

Who Should Feel Worse – A UBS Shareholder Or A U.S. Taxpayer?

Much of life is relative to me, which is to say that I enjoy measuring things in comparative fashion so as to provide a proper perspective.  For example, my morning runs often see me pass a homeless couple camped out underneath a Lakeshore Drive underpass.  No matter how groggy or pained I am on those runs, the mere sight of this couple helps to minimize my perceived plight.  And when the Mrs. and I would occasionally lament the struggles of our expatriate posting in Tokyo, I’d often resort to the refrain of, “Oh well, things could be worse.  For example, at least I don’t work for the State Department where our relocation options could include places like Baghdad or Kabul.”  That’s admittedly a bit of a stretch, but the practice of contextualizing brings with it myriad psychological benefits.

Naturally, this little habit of mine causes me to view news headlines with a certain sense of curiosity.  This is perhaps best illustrated by my response to the news that (yet another) rogue trader had brought considerable misfortune to his employer.  In this particular case, a UBS trader apparently managed to rack up $2.3 billion in “unauthorized” losses for his firm, an act of financial subterfuge the eventually felled his firm’s CEO.  That’s obviously a magnitude of loss that deserves plenty of attention (both internally and externally).  And it just so happens to come at a time when the global financial system is having its fair share of problems.  But in an era defined by President Obama’s “soak the rich” class warfare rhetoric, the sense of schadenfreude in the media’s coverage of the affair is disconcerting.  Especially since there are other stories of profligate behavior and/or fiscal mismanagement that, in my mind, deserve much more attention than a random rogue trader.

For example, lost in the hoopla surrounding the UBS debacle was the case of the missing $6.6 billion in cold hard cash in Iraq.  Of course, everyone knows the massive money pit that Iraq and Afghanistan have represented for a country as financially strapped as ours ($4 trillion and counting).  But the most blatant display of fiscal carelessness for me has been the story of C-130 Hercules cargo planes that were loaded with shrink-wrapped bricks of $100 bills and flown to Iraq for eventual disbursement to…um…well, it appears nobody knows exactly who got the money.  Indeed, of the $12 billion or so that was transported to Iraq in such fashion (ostensibly for reconstruction purposes), almost half of it has up and disappeared like a fart in the wind.

This is admittedly an extreme example of how our hard-earned tax dollars are being wasted, but it serves as a reminder of the severe mismanagement of resources that can occur within the halls of government.  Moreover, it represents the largest theft of funds in national history yet has received very little airtime relative to the UBS story.  So I ask, where is the greater feeling of being wronged – as a UBS shareholder or as a U.S. taxpayer?

Quote Of The Day

From Francisco’s “Money Speech” in the Ayn Rand classic, Atlas Shrugged.  Apropos to the moment:

When you see that trading is done, not by consent, but by compulsion – when you see that in order to produce, you need to obtain permission from men who produce nothing – when you see that money is flowing to those who deal, not in goods, but in favors – when you see that men get richer by graft and by pull than by work, and your laws don’t protect you against them, but protect them against you – when you see corruption being rewarded and honesty becoming a self-sacrifice – you may know that your society is doomed.

Slice Of Awesome: North Korea Edition

This is a fantastic compilation of random North Korean “celebrations” set to the song “Party Rock Anthem” by LMFAO.  The choreography is great, not to mention the dichotomy struck between the inherent joy of the music itself and the  superficial glee put on display by oppressed masses through force and intimidation.

I Just Threw Up In My Mouth

This photo perfectly captures all that is wrong with American politics.  Plenty of laughing and glad-handing to go around, which quite obviously belies the precarious nature of the moment (spurred in large part by our horrific ruling class).  Look at what great leaders we are!  We’re all so very happy!  And we all get along!  Hooray for us!

Becker On Buffett

As a (mediocre) student of the markets, I admire Warren Buffett.  The man is among the most successful and thoughtful practitioners in the history of finance.  However, his latest diatribes pertaining to the “rich” paying their “fair share” in taxes (quotations used because defining both terms requires a large degree of subjectivity) have me hot under the collar.  While Buffett whines that he and his super rich contemporaries pay too little in the form of income taxes, he fails to elaborate on his own tax machinations that enable him to pay such low rates.  The way he recognizes income as CEO of Berkshire Hathaway quite clearly allows him to take advantage of a system he claims to want to fix.  Plus, his calls for higher estate taxes is a wonderful example of hypocrisy, coming from a man who has donated the lion’s share of his monstrous net worth to charity (therefore allowing him to avoid such taxes, not to mention enjoying the deductions associated therewith).

I certainly don’t begrudge Buffett’s decision to donate his wealth to charity (and convince many of his similarly-situated peers to do the same).  But it begs the question of why he didn’t donate all that money to the government instead.  After all, we are all free as U.S. citizens to donate money directly to our Treasury to help pay down our country’s debt.  However, judging by the roughly $2 million in contributions this year, most of us choose to take the Buffett route and divert our resources to more accountable and efficient causes, which Gary Becker of the University of Chicago pondered in a recent blog post:

Warren Buffett has persuaded 68 other billionaires to follow his example and promise to give at least half their wealth to charities. But why hasn’t Buffett proposed also that the very rich make large gifts to the federal government to offset what he considers ridiculously low taxes on their incomes and wealth? My guess is that he and the others who pledged to give away their wealth to charity would have little confidence in how the government would spend such gifts. Buffett, for example, is giving most of his wealth to the Gates Foundation, not to the federal government, and is relying on how this foundation will spend his vast gift. Given this reluctance to make large gifts to the federal government, why should anyone have confidence that the federal government will spend additional tax revenue in a sensible way?

So as he calls for higher taxes on himself and his ilk during our nation’s time of need, Buffett has simultaneously chosen to divert his massive wealth away from the government through both savvy navigation of the tax code and targeted charitable giving.  That’s what I call voting with your feet!

Boycott Congress!

In light of today’s stupendously ineffectual political environment, Starbucks CEO Howard Schultz has issued a call to arms: Let’s boycott donations to the President and Congress.  As we all know, money makes the great world spin, and this is especially true when it comes to politics.  I, for one, find our political establishment today to be woefully inadequate.  And I abhor the political process and would welcome any effort to make it purer.  As a result, though my default setting is one of annoyance when it comes to Schultz (not sure why), I’m happy to support his effort when it comes to calling our political leadership to account.

To Thine Own Self Be True

I enjoyed Frank Bruni’s piece in the NY Times yesterday, as it captured nicely the disingenuous nature of most political campaigns:

While investment bankers can unashamedly cop to greed, thespians to vanity and claims adjusters to the validation of a promotion, politicians feel compelled to perform an elaborate pantomime of unalloyed altruism, asserting that self-interest and self-satisfaction are nowhere in the equation of their ambitions…They’re doing it for us. They’d really rather not. The sacrifice is endurable, only because the cause is so important.

One Reason Why I Kinda Like Jon Huntsman

He brings a level of rationality that often goes missing in today’s political discourse (particularly among conservatives), as evidenced by a recent tweet:

To be clear, I believe in evolution and trust scientists on global warming. Call me crazy.

And comments he made this morning on ABC’s “This Week”:

When we take a position that isn’t willing to embrace evolution, when we take a position that basically runs counter to what 98 of 100 climate scientists have said, what the National Academy of Science has said about what is causing climate change and man’s contribution to it, I think we find ourselves on the wrong side of science, and, therefore, in a losing position…we actually were willing to shun science and become a party that was antithetical to science. I’m not sure that’s good for our future and it’s not a winning formula.

Geronimo!

As expected, the New Yorker has come out with the definitive piece on the raid that took out Osama bin Laden.  Reportage as solid as the operation itself.  Well worth reading.

The Americans hurried toward the bedroom door. The first SEAL pushed it open. Two of bin Laden’s wives had placed themselves in front of him. Amal al-Fatah, bin Laden’s fifth wife, was screaming in Arabic. She motioned as if she were going to charge; the SEAL lowered his sights and shot her once, in the calf. Fearing that one or both women were wearing suicide jackets, he stepped forward, wrapped them in a bear hug, and drove them aside. He would almost certainly have been killed had they blown themselves up, but by blanketing them he would have absorbed some of the blast and potentially saved the two SEALs behind him. In the end, neither woman was wearing an explosive vest.

A second SEAL stepped into the room and trained the infrared laser of his M4 on bin Laden’s chest. The Al Qaeda chief, who was wearing a tan shalwar kameez and a prayer cap on his head, froze; he was unarmed. “There was never any question of detaining or capturing him—it wasn’t a split-second decision. No one wanted detainees,” the special-operations officer told me. (The Administration maintains that had bin Laden immediately surrendered he could have been taken alive.) Nine years, seven months, and twenty days after September 11th, an American was a trigger pull from ending bin Laden’s life. The first round, a 5.56-mm. bullet, struck bin Laden in the chest. As he fell backward, theSEAL fired a second round into his head, just above his left eye. On his radio, he reported, “For God and country—Geronimo, Geronimo, Geronimo.” After a pause, he added, “Geronimo E.K.I.A.”—“enemy killed in action.”

Good Stuff From Today’s NY Times

On the power of suggestion:

The old gimmick — buy one, get one free — has been expanded to include some pricing equations worthy of Isaac Newton, or at least of middle-school math class. Using buying patterns detected from loyalty cards, receipts and other research, grocery chains are searching for the multiples sweet spot…Grocery stores have always offered deals, of course. But grocery chain executives say that in this economy, with people visiting stores less frequently, spending less per trip and sticking to their shopping lists more closely, the competition to offer compelling deals is stronger than ever.

On FIFA, one of the world’s most corrupt governing bodies:

The titans of international soccer are used to pampering. Motorcades. Police escorts. Five-star hotels. Lavish dinners. Cash allowances of $500 a day, and an additional $250 for their wives or girlfriends.  The 24 members of the executive committee of FIFA — the association that governs the global game and organizes the World Cup — form an elite all-men’s club, reaping annual salaries and bonuses of up to $300,000 in addition to their various perks. For that, they are asked to do little more than show up for a few private meetings each year to discuss rules, sanctions and legal issues and, most important, to eventually vote on which country will host the quadrennial championship.

On how economists are just as useless as politicians in the current debt ceiling debate:

Economists agree that federal borrowing must be reduced, but they do not agree about the proper mix of tax increases and spending cuts. Basic considerations, like the impact of higher taxes on saving and investment, remain the subjects of wide-ranging disagreements despite decades of intensive research…Washington no longer suffers from a dearth of “one-handed” economists, as Harry S. Truman famously lamented. The problem now is that experts are lined up behind every political position, in part because the decisions are not purely economic. The value of defense or education or justice extends beyond dollars and cents.

North Koreans Are Super Happy

Not sure if anyone noticed but that venerable institution of gaiety – North Korea – recently came out with its “Happiness Index”, which ranks each of the countries in the world on the basis of their overall level of glee.  This is kind of like asking Glenn Beck to rank media pundits on the basis of their sincerity and/or sanity, which is what makes it so damn appealing.  Not surprisingly, the U.S. came in dead last at #203 while China, North Korea, Cuba, Iran, and Venezuela finished atop the rankings at numbers 1-5 (one might notice an inverse relationship between those rankings and things like freedom of expression and political assembly).  This should come as no surprise since I was recently reminded that a common refrain of the (brainwashed) North Korean masses is the following:

We are the happiest people in the world. I will trust ‘the General’ and always follow him only.

Brutal.  The fact that farcical “leaders” like Kim Jong-Il can possibly exist in this world is one of the many reasons why doubting religion comes so easy to me.

Steve Jobs Pitches Cupertino

For some reason, I’m fascinated by this video in which Steve Jobs presents his ideas for an Apple campus expansion to the Cupertino City Council.  Beyond the project’s impressive architectural merits, it makes for an interesting look into the bureaucratic process.  I find the exchange from 11:00-14:00 particularly illustrative of the symbiosis that exists between corporations and the local governments that host them.

Pundit Under Protest

David Brooks lays down the gauntlet with a piece in today’s NY Times in which he excoriates both political parties for lacking vision and courage:

The Republican growth agenda — tax cuts and nothing else — is stupefyingly boring, fiscally irresponsible and politically impossible. Gigantic tax cuts — if they were affordable — might boost overall growth, but they would do nothing to address the structural problems that are causing a working-class crisis.

Republican politicians don’t design policies to meet specific needs, or even to help their own working-class voters. They use policies as signaling devices — as ways to reassure the base that they are 100 percent orthodox and rigidly loyal. Republicans have taken a pragmatic policy proposal from 1980 and sanctified it as their core purity test for 2012.

As for the Democrats, they offer practically nothing. They acknowledge huge problems like wage stagnation and then offer… light rail! Solar panels! It was telling that the Democrats offered no budget this year, even though they are supposedly running the country. That’s because they too are trapped in a bygone era.

Mentally, they are living in the era of affluence, but, actually, they are living in the era of austerity. They still have these grand spending ideas, but there is no longer any money to pay for them and there won’t be for decades. Democrats dream New Deal dreams, propose nothing and try to win elections by making sure nobody ever touches Medicare.

I’m With Bristol On This One

It will likely come as little surprise when I admit that I’m not a big fan of the Kardashian family.  Wait, did I say Kardashian?  I meant Palin.  In any event, such admission notwithstanding, I must say that I found Bristol Palin’s response to being granted the top spot on Keith Olbermann’s infamous “Worst Persons” list to be highly effective.  For those who don’t know, the always angry Olbermann used his list to mock Palin for being a role model for abstinence.  And though I strongly disagree with her cause’s premise, I think she came out on top in this little media tussle:

Accusing me of hypocrisy is by now, an old canard. What Mr. Olbermann lacks in originality he makes up for with insincere incredulity. Mr. Olbermann fails to understand that in order to have credibility as a spokesperson, it sometimes takes a person who has made mistakes. Parents warn their children about the mistakes they made so they are not repeated. Former gang members travel to schools to educate teenagers about the risks of gang life. Recovered addicts lecture to others about the risks of alcohol and drug abuse. And yes, a teen mother talks about the benefits of preventing teen pregnancy. I have never claimed to be perfect. If that makes me the “worst person in the world” to Mr. Olbermann, then I must apologize for not being absolutely faultless like he undoubtedly must be. To Mr. Olbermann let me say this: you can attack me all you want. But you will not stop me from getting my message out about teen pregnancy prevention. And one day, if you ever have a daughter, you may change your mind about me.

Granted, it is highly unlikely that she actually penned the response herself.  And her stint as a spokesperson for abstinence is undoubtedly the result of a political calculation made by her mother’s handlers.  That said, I think the response is spot-on.

Here’s another related brainstorm:  I’ve heard Bristol’s pregnancy plainly referred to as a mistake by both she and her mother.  Isn’t some sort of parental faux pas being committed by inferring that one’s child (or grandchild) was a mistake?  And isn’t every life in the eyes of a pro-lifer a gift from god?  And isn’t god infallible?

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Doing The People’s Work

In addition to being a monumental waste of time, Harry Reid’s retelling of Nevada’s win over Boise State might make for the most uninspiring football speech ever.  Whoever said charisma and oratory skills were necessary for political success was quite clearly mistaken.

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Dear Steven Weber: What Is A Gerund?

In addition to being a part-time actor, Steven Weber is also an occasional blogger.  His ruminations can often be found over at the Huffington Post, which allows all manner of entertainers and other non-technical practitioners to wax philosophical on heavy topics like economics, politics, and the naturalness of John Boehner’s pigmentation.

Besides conforming nicely (and aggressively) to the Hollywood liberal tag, I’ve noticed that Weber’s postings serve as great examples of someone trying way too hard to sound smart.  Now, I’m sure Weber is indeed plenty smart.  But a clear, effective writer he is not.  And I detect more than a touch of insecurity in his meandering prose, where run-on sentences punctuated with big, smart words and feigned humility seem par for the course.  As evidence, I invite you to read Weber’s latest post, which is entitled Lords of the New Church.  In addition to not understanding how the title ties to the content, I am totally confused as to what he’s trying to say.

Here’s a little taste:

Because what the right has figured out is that they can literally rewrite reality as it fits their newly effectuated agenda. Using every traditional sociopolitical and/or cultural opportunity as a canary in a coal mine of their breakthrough design, they are seeing firsthand the efficacy of practical, empirical analysis born of the formerly terrifying exploration of new ideas.

And the rest of us can only gaze in stupefaction as they outstrip all that has defined civic discourse for millennia (or at least in the 200-plus years of our national zeitgeist) with sheer — I don’t know — cheekiness? Anarchy? Balls?

Because we — that is, the rest of us who continue to base their lives on tried-and-true ideas and ideals culled from the sometimes painful, often magnificent fundamentals wrought from the countless lives and events that precede every moment up to and including the present one, are using tools that have become instantaneously obsolete. We might as well be lecturing the “LOL-OMFG” generation on the beauty and expressive depth of cursive penmanship and the deceptive poetry of the gerund (granted, I may be pushing that last notion. I have to keep looking up “gerund” myself. In fact, please don’t ask me what it means after you finish this).

Anyone who can read his entire post and explain to me what the fuck he’s talking about will win a free lifetime subscription to Eddyfication.

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The Party Of No

Interesting piece from Ross Douthat in yesterday’s NY Times:

But pondering what Nancy Pelosi and her compatriots are rejecting gives us a pretty good sense of what they’re for. It’s a world where the government perpetually warps the real estate and health care marketplaces, subsidizing McMansions and gold-plated insurance plans to the tune of billions every year. It’s a world where federal jobs are sacrosanct, but the private sector has to labor under one of the higher corporate tax rates in the developed West. It’s a world where the Social Security retirement age never budges, no matter how high average life expectancy climbs. And it’s a world where federal spending rises inexorably to 25 percent of G.D.P. and beyond, and taxes rise with it.

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Midterm Musings

As I marvel at the $200 million in thwarted ego that came in the form of defeat for Meg Whitman, Carly Fiorina, and Linda McMahon during last week’s midterm elections, I can’t help but shrug my shoulders after being provided more evidence of our lame politics in America.  At a time when the economy was the biggest issue, McMahon managed to lose to a political insider whom she routinely slayed on the topic of business.  And two of the most successful businesswomen of their generation managed to lose out to entrenched special interests and political lifers in California, all while that state’s residents shot down the one legitimate chance to legalize pot that our fair country has ever seen.  Maybe the Golden State isn’t quite as cool as I thought.

I suppose it was good to see Harry Reid defeat Sharon Angle in Nevada, though certainly not because I’m a fan of Reid.  A career politician with a net worth of $5 million and a condo in the Ritz Carlton (hmm…), Reid was the better option simply because Angle was a bridge too far when it came to things like sanity and tact.  It was also good to see reason win out with the losses of Christine O’Donnell and Alvin Greene, and I love the karmic payback handed out to the conniving and disingenuous Alan Grayson in Florida.

The saddest development was, of course, the reelection of Barney Frank in Massachusetts, which only proves that Californian voters aren’t alone when it comes to foolish, inexplicable loyalty to their public officials.  As I lamented in a previous post, Frank has proven yet again that mediocrity and unaccountability combine to form a winning strategy in politics.

The afterglow of victory was reflected nicely in the face of John Boehner, which invited Paul Begala to ask the rather funny question of whether America was ready for an orange Speaker.  I found Boehner’s victory speech to be somewhat touching, though I wonder how serious he expects us to take him when he gets choked up talking about how he’s been fighting to live the American dream all his life.  An inspiring story in his early years has since been replaced by a guy who has spent the better part of his adult life in politics.  Indeed, Boehner has been involved in politics since 1982 and has held his current office since 1990.  My guess is that a life spent in soul-sucking politics isn’t considered by most as being representative of the American dream.

As for my home state, it was good to see Mark Kirk beat out Alexi Giannoulias for the Senate seat vacated by Barack Obama a couple years back (and since hijacked by the title-obsessed Roland Burris).  Despite the occasional embellishment, Kirk was clearly the better candidate, a fact captured nicely in an OpEd written by David Brooks a couple weeks back.  I don’t know much about Giannoulias, but I’ve seen enough of him to know that his Obama imitation is a tad annoying (he even mimics the President’s cadence and tone) and he seemed to personify the Chicago political machine a little too much.  As an aside, I used to play basketball with Giannoulias at the East Bank Club in Chicago and can attest to the fact that the dude is a helluva ball player.  So there’s that.

It’ll be interesting to see how the Republicans govern following the shift in power brought by these elections.  I suspect it’ll be a bit more challenging to actually get things done instead of complaining about the deficiencies of the party in power all the time.  My hope is that gridlock will ensue as both parties refuse to give in to the other.  That way the economy could be freed from the uncertainty wrought by the specter of further government interference in its affairs.  Plus, it could open the way for a legitimate third party challenge in 2012, ushering in an era of genuine political competition that our country so sorely needs.

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Some Quotes In Honor Of Election Day

Winston Churchill:

The best argument against democracy is a five-minute conversation with the average voter.

Isaac Asimov:

Anti-intellectualism has been a constant thread winding its way through our political and cultural life, nurtured by the false notion that democracy means that ‘my ignorance is just as good as your knowledge’.

Plato:

In politics we presume that everyone who knows how to get votes knows how to administer a city or a state. When we are ill…we do not ask for the handsomest physician, or the most eloquent one.

Louis-Ferdinand Celine:

I have never voted in my life…I have always known and understood that the idiots are in a majority so it’s certain they will win.

Henry Louis Mencken:

Under democracy one party always devotes its chief energies to trying to prove that the other party is unfit to rule – and both commonly succeed, and are right.

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Call Me Senator

This is one of the funnier political ads in a time dominated by the unfunny sort.  Directed by David Zucker of Airplane! fame, it pokes fun at that infamous moment when Barbara Boxer’s giant ego was put on full display during an exchange with some military brass.  Classic stuff.

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I Love America

Remember that whole “Balloon Boy” fiasco from a couple years back?  The one where a guy named Richard Heene masterminded a hoax that had everyone convinced his son was trapped in a runaway helium balloon (when in reality he was hiding back home)?  We were later told that Heene was looking to squeeze some dough out of his ill-gotten stardom so he could fund the building of a bunker for him and his family to hide when the end of the world rolls around (in 2012).

Well, the irrepressible Heene has now moved on to his latest moneymaking scheme with the Bear Scratch, a mostly useless household device that encourages people to imitate forest-dwelling bears when struck by the urge to scratch their backs while at home. With a target market of lonely souls who lack critical thinking skills (i.e., those who don’t have partners or other household products handy), it’s tough to expect much success for this rather asinine product.  Actually, now that I think about it, Japan might fit the bill, particularly given the country’s fascination with crazy and impractical inventions.  Perhaps I could volunteer to be his sales rep out here.  Hmm….

Whatever the case, I’m just glad that people like Heene are able to persist, even despite their myriad shortcomings and obvious narcissism.  With the midterm elections coming up, this is a particularly timely observation, as it reminds us that anything is possible in America, especially second and third acts.

And it allows us to enjoy horrendous homemade infomercials like the one below:

By the way, you might also enjoy watching Heene and his buddies opine on the impending end of the world in 2012.  Just another fun moment of wingnuttery.

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No Second Thoughts

Good Op-Ed by the NY Times‘ David Brooks today, a somewhat tongue-in-cheek comment on the Democrats’ stubborn – and superficial? – confidence heading into the midterm elections.

When times get tough, it’s really important to believe in yourself. This is something the Democrats have done splendidly this year. The polls have been terrible, and the party may be heading for a historic defeat, but Democrats have done a magnificent job of maintaining their own self-esteem. This is vital, because even if the public doesn’t approve of you, it is important to approve of yourself.

 

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I Have No Idea…

…why I chuckle each time I watch this clip.  But I do.

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Be Afraid. Be Very Afraid.

The latest plea for fiscal responsibility from the Citizens Against Government Waste.  Creative and effective, I must say.

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On Harlem Charter Schools, Vanishing Typhoons, and Other Incongruities

Having just returned from another whirlwind trip to Singapore and Hong Kong, I’m now happily ensconced back in Tokyo.  Of course, Typhoon Megi could’ve spoiled that, but what was threatening to be a canceled flight turned out to be the smoothest Hong Kong-Tokyo leg I’ve ever had.  Now back in my blogging lair, I can catch up on a few things that caught my eye over the past week or so.

On Larry King Live the other night was a show dedicated to the issue of gay bullying and what we can do to minimize its occurrence and effects.  A good cause, to be sure, but I was a bit confused by the show’s participants.  Lance Bass, Tim Gunn, and Nate Berkus?  They made sense.  Wanda Sykes and Kathy Griffin?  Not so much.  I don’t intend to pass judgment on their own experiences with being bullied, and I certainly applaud their support of an issue in great need of it.  However, it struck me as odd how two comedians whose job is largely comprised of ripping on others – sometimes, in less than tasteful ways – are invited on a show to describe how hurtful bullying can be.  Huh?

I read an article somewhere along the way that talked about how school districts are having to lay off hundreds of thousands of teachers because of their states’ massive fiscal challenges.  It reminded me of a commencement speech President Obama gave at Wesleyan in 2008, which basically served as an advertisement for public service.  In it, he admonished the idea of selfishly pursuing personal ends on Wall Street and urged everyone to instead do things for the good of the collective, like teach.  Quoting:

…we need an army of you to become teachers and principals in schools that this nation cannot afford to give up on. I will pay our educators what they deserve, and give them more support…

Meanwhile, Wall Street has been on a hiring binge for most of this year.  And the more money Wall Street makes, the more taxes it pays.  And the more people it hires, the more taxes they pay.  Among other things, those taxes are used to pay for our schools (most of them, at least).  Plus, those lucky enough to be highly successful in pursuing “selfish” ends very often supplement their forced donations to state and federal treasuries with personal charitable contributions targeted specifically at improving education in our country.  It goes without saying that teaching is one of the most honorable and important professions around.  But I find it interesting how many liberals – particularly those in leadership today – spend so much time demeaning the very success that makes funding of our public services possible in the first place.  I’m just sayin’…

Speaking of the horrendous state of American education, I watched a documentary called The Lottery on the flight yesterday.  Superbly done, it chronicles the experience of four Harlem families desperate to secure spots for their children in one of the city’s charter school lotteries.  This was a heartbreaking and illuminating film on multiple levels.  When it came to the kids, I wanted to jump through the screen and wrestle their roadblocks to the ground.  And when it came to the work of charter schools, particularly that of the Harlem Success Academy, my faith in their efforts did nothing but grow. (By the way, I had the exact opposite response when it came to the teachers union).  Among the impressive cast of thought leaders featured in the film, including Newark Mayor Cory Booker and Geoffrey Canada of Harlem Children’s Zone, I was most enthralled with the movie’s protagonist, Eva Moskowitz.  The CEO of Harlem Success Academy, Ms. Moskowitz is a force, and to say she’s fighting the good fight would be an understatement.  Articulate and savvy, she has taken the failure of Harlem’s public schools as a personal call to duty, and her leadership is a sight to behold.  Facing angry throngs of ill-informed parents, as well as corrupt and inept community “leaders”, she bravely navigates a minefield of special interests and misinformation for the greater good.  Her conviction and thoughtfulness is awe-inspiring, and I’m ever so thankful that people like her exist in this world.  Bravo, Ms. Moskowitz.  This is the sound of me clapping.

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Sunday in Singapore

Having wrapped up another week of class, I’m left with a sandwich Sunday since I’ve got meetings in town on Monday and Tuesday.  These days are a welcome break in the routine, as they give me a day to relax, read, and blog about nothing in particular.

The elevators in my hotel are those fancy schmancy ones that have little television screens built into the panels above the buttons.  Playing on those screens this morning was a Charlie Rose interview with funnyman Zach Galifianakis.  I was tempted to ride the elevator up and down for 20 minutes to watch the entire chat but figured that would be poor form.  So instead I hustled to my room to watch the interview on the interwebs.  The clip was pretty good (you can watch it here) and it reminded me of three things.  One, Charlie Rose has a cool job and I dare say he’s pretty good at it.  Two, I always enjoy seeing comedians/actors who normally play outlandish characters exist for a brief moment as normal human beings.  And three, Seth Macfarlane had a great Tweet the other day where he wondered what lurks in the eerie black void behind Rose.  I wish someone would ask him about that backdrop and he would respond by staring at them in silence for an awkward period of time before turning around and disappearing into the blackness.

Speaking of watching stuff, I’ve got Friday’s Real Time with Bill Maher on as I type this and it might be his worst one yet.  His collection of guests this week left much to be desired:  Al Sharpton, John Legend, Markos Moulitsas (of Daily Kos fame), Dana Loesch (a radio host), and Dan Neil of the Wall Street Journal (to talk about electric cars).  The guests had nothing much to add and made mostly obvious or asinine comments (particularly in the case of Legend and Moulitsas).  And Maher’s show-ending “New Rules” monologue about Brett Favre was just weird.  It got off to a good start but quickly devolved into a weird self-hating diatribe about how white men are idiots who ruin everything.  The Favre “sexts” are certainly fodder for good fun but this was one big swing and a miss for Maher.

Moving on – Once the torrential downpours subsided (which occur with great frequency here), I decided to brave the crowds and roam Orchard Road.  The primary shopping area of Singapore, I’m convinced that each of the country’s five million residents pays a visit to Orchard over the weekend.  It might be the most annoyingly packed place on the planet, filled with hordes of window-shoppers and Filipino maids enjoying their day off (congregations similar to those seen in Hong Kong’s Central district on Sundays).  I wonder if the Singaporean government has mandated that patriotism equals one trip per week to the country’s magnificent mile equivalent.  In which case I’d say Singapore is a mighty patriotic place indeed.

I paid a visit to the local Borders bookstore to see if I could find Jonathan Franzen’s latest work, Freedom.  Though I’m not entirely sold on the guy, I’ve got a friend with impeccable taste who swears by him.  Plus, I saw him do a BBC interview the other day and he seemed pretty smart.  I like feeling smart, so reading him is probably a good thing.  And though I own an iPad – which allows for plenty of book downloads for the avid traveler – a Franzen work strikes me as one that needs to be owned in hard copy.  That way people who peruse my bookshelf at home will assume I’m one of the sharper tools in the shed.  It’s the literary equivalent of wearing glasses.

Interestingly, though, I detected not a whiff of Franzen at the store.  Given all the media hype, I figured he’d be prominently displayed among the “Staff Favorites” or “Bestsellers”.  Instead, he was nowhere to be found.  Not even when I visited the Fiction section and looked him up by name.  There were lots of books by Jodi Picoult but not a damn thing by Franzen.

One topic on prominent display, though, was Singapore.  I’ve heard from expat friends here that the Singaporeans are a rather proud people.  And a visit to a local bookstore does nothing to dispel that notion.  Indeed, a whole wall was dedicated to the city-state, with a host of works chronicling the country’s miraculous rise.  Titles like From Third World To First and The Singapore Story were all over the place.  But the one that stood out to me was Conversations with Lee Kuan Yew: How To Build A Nation.  There is so much inherently interesting about that title, particularly the notion that one could actually build a nation in modern times (which is pretty much what Lee Kuan Yew has done).  This resonated with me not only because it provided an awestruck moment of “Well, he would know”, but it also got me thinking about how more people should do that – and by that I mean they should found their own country.  As we know, there’s precedence.  And it appears there’s funding too.  This may or may not have stemmed from a brainstorm I shared with some B-school classmates.  And our latest brainstorm may or may not involve channeling L. Ron Hubbard and founding our own religion.  We don’t do small ideas at Booth.

 

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The Politicians We Deserve

Christopher Hitchens’ latest Slate piece is just another in a long line of pure gold from one of my favorite social commentators.  This week he takes on the shallowness of our nation’s electoral politics in standard, Hitchenesque fashion:

Consider: What normal person would consider risking their career and their family life in order to undergo the incessant barrage of intrusive questioning about every aspect of their lives since well before college? To face the constant pettifogging and chatter of Facebook and Twitter and have to boast of how many false friends they had made in a weird cyberland? And if only that was the least of it. Then comes the treadmill of fundraising and the unending tyranny of the opinion polls, which many media systems now use as a substitute for news and as a means of creating stories rather than reporting them. And, even if it “works,” most of your time in Washington would be spent raising the dough to hang on to your job. No wonder that the best lack all conviction.

This may seem to discount or ignore the apparent flood of new political volunteers who go to make up the Tea Party movement. But how fresh and original are these faces? They come from a long and frankly somewhat boring tradition of anti-incumbency and anti-Washington rhetoric, and they are rather an insult to anyone with anything of a political memory. Since when is it truly insurgent to rail against the state of affairs in the nation’s capital? How long did it take Gingrich’s “rebel” forces in the mid-1990s to become soft-bottomed incumbents in their turn? Many of the cynical veterans of that moment, from Dick Armey to John Boehner, are the effective managers and controllers of the allegedly spontaneous Tea Party wave we see today.

By the way, his piece links the “best lack all conviction” part to Yeats’ “The Second Coming”, which ends the thought with the even more applicable “while the worst are full of passionate intensity”.  This brings to mind more than a handful of politicians and talking heads, to be sure.

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Heard A Good Quote Today

From P.J. O’Rourke on today’s Real Time with Bill Maher:

We conservatives believe that all government is bad…and we’ve got the candidates to prove it.

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Third Party Rising

The NY Times‘ Thomas Friedman penned a very interesting Op-Ed over the weekend.  He began with an unsettling quote from Lewis Mumford’s “The Condition of Man”, which described Rome’s decline in a way that uncomfortably mirrors our own current predicament:

Everyone aimed at security: no one accepted responsibility. What was plainly lacking, long before the barbarian invasions had done their work, long before economic dislocations became serious, was an inner go. Rome’s life was now an imitation of life: a mere holding on. Security was the watchword — as if life knew any other stability than through constant change, or any form of security except through a constant willingness to take risks.

Friedman framed his piece with our current malaise to set up its primary thrust, which was music to my ears:

There is a revolution brewing in the country, and it is not just on the right wing but in the radical center. I know of at least two serious groups, one on the East Coast and one on the West Coast, developing “third parties” to challenge our stagnating two-party duopoly that has been presiding over our nation’s steady incremental decline…

We have to rip open this two-party duopoly and have it challenged by a serious third party that will talk about education reform, without worrying about offending unions; financial reform, without worrying about losing donations from Wall Street; corporate tax reductions to stimulate jobs, without worrying about offending the far left; energy and climate reform, without worrying about offending the far right and coal-state Democrats; and proper health care reform, without worrying about offending insurers and drug companies.

The piece cites Stanford University political science professor Larry Diamond a couple of times, including when he asked a very basic yet thoughtful question: “If competition is good for our economy, why isn’t it good for our politics?”.  Very good question indeed.

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Cory Booker’s Historic Opportunity

I’ve commented in the past about how impressed I am with the mayor of Newark, New Jersey, one Mr. Cory Booker.  I saw him a while back on an edition of Real Time with Bill Maher and found him to be incredibly thoughtful and articulate, and so became an instant fan.  (For those who aren’t familiar with Mr. Booker, he’s the real deal Holyfield and I highly recommend that you check him out.)

Well, the good mayor has been making headlines lately and for very good reason.  Inspired by Booker’s leadership and passion, Facebook CEO Mark Zuckerberg has committed to providing the Newark public school system with a $100 million grant to help improve student outcomes.

From a recent article written by Mr. Booker on the Huffington Post:

Amongst all American cities, Newark now has an unprecedented opportunity to break the cycle of failure and low expectations in public education. It is with tremendous hope and confidence in our potential that we announced a generous $100M grant from Facebook CEO Mark Zuckerberg to support Newark public schools — the largest investment in a school district in our State’s history…In the coming weeks, I will join with other elected leaders to launch a community engagement effort to solicit input from every voice within our city. From community forums to focus groups and online surveys, we will create various ways for every Newarker to participate in developing a shared vision to guide a new mandate for our public schools. We expect different views to be voiced about the sources of our problems and the paths to effective solutions. But what we must do is unite around our common principles and join in a collective commitment to do what it takes to provide a great education and a promising future to our young people. And, going forward, we must hold ourselves more accountable for delivering results for our kids; when it comes to ensuring that every child has access to an excellent education, no one gets a pass.

As most of you know, improving the quality of education in our country is an effort very near and dear to my heart.  I often search for ways to help fight the good fight, which typically manifests itself in a donation to one of my old schools via the DonorsChoose organization.  Thusly, I applaud the generosity of Mr. Zuckerberg.  This is precisely the type of philanthropy that our country needs, both in terms of working to bring about real progress as well as in helping to dampen some of the class warfare stuff making the rounds these days (more on that in a later post).  However, I still consider Mr. Zuckerberg a bit of a douche.  I mean, come on.  The dude showed up for Oprah in his standard sport jacket, t-shirt, jeans, and sneakers while surrounded by the very professional looking Mr. Booker, Mr. Chris Christie (governor of New Jersey) and Ms. Winfrey herself.  I suppose if you have “F you money” you can wear whatever you please, but I consider the insistence on sporting such duds a rather juvenile attempt to forge a carefree and breezy style that only ridiculously successful entrepreneurs are allowed to pull off.  Maybe we can call it the “Silicon rebel syndrome”, typified by socially awkward, lifelong outcasts who wield their newfound success in extremely clumsy ways.  Mr. Zuckerberg, of course, is free to dress as he sees fit while at his offices, conferences, etc.  But when you’re invited to speak on one of the most influential talk shows on the planet, in the presence of some very serious and genuine thought leaders, then the least you can do to honor and respect the occasion is to check your ego at the door and don a suit for once.  I’m just sayin’….

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Just For The Record

As much as I love the guy, I thought Stephen Colbert’s stunt on Capitol Hill last week was extremely lame.  Not only was it unfunny but it was borderline inappropriate.  While I can appreciate poking fun at our corrupt and inept politicians, I’m afraid his antics were a disservice to those migrant workers for whom I assume he was meant to speak.

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