Reading time – 54 seconds; Viewing time – 1:53 . . .
May 24, 2016
Chicago, IL
WLS Radio, 890 AM
Local radio talk show host Jonathon Brandmeier interviewed a caller today who identified as a truck driver. He poo-poohed criticism of Donald Trump for having connections to the mob. He said that if you want concrete for your construction project, as Donald Trump does for each of his buildings, then you have to do business with the mob. No big deal.
Brandmeier asked the caller how he would feel if Trump were elected president and brought in mobsters for every cabinet post. The caller said that he couldn’t care less. Besides, he said, those guys know how to get things done.
Brandmeier then ridiculed those who think ties to the mob is a worrisome thing, as though it’s a given that such people are fools.
And that is the attitude of dismissal of ethics and good judgment that pervades our political world right now. It’s a friendly elbow in the ribs of understanding among like-minded people who don’t care about anything they don’t feel threatened by at the moment. Hey, whatever works.
We live in an era of great political emotion. Dangerously, the emotion of 35% of Americans is destructive of learning, reason and democracy.
Talking reason to an emotionally charged person is an exercise in futility. So, our job between now and November 8 is to stop whining about the lack of sense of Trump supporters and instead speak to the 65% with both our reason and our emotion. You can begin your part right now by passing this piece to 3 people you know who aren’t politically attentive.
All that hangs in the balance is the future of America.
————————————-
Ed. note: There is much in America that needs fixing and we are on a path to continually fail to make things better. It is my goal to make a difference – perhaps to be a catalyst for things to get better. That is the reason for these posts. To accomplish the goal requires reaching many thousands of people and a robust dialogue.
YOUR ACTION STEPS: Please offer your comments below and pass this along to three people, encouraging them to subscribe. Thanks! JA
Copyright 2024 by Jack Altschuler Reproduction and sharing are encouraged, providing proper attribution is given.
There probably wouldn’t be a budget crisis in Illinois – or at least it wouldn’t be as severe – had we not spent decades in Magical Thinking Land.
State workers, including teachers – you know, the people who teach your kids – really did need better incomes, but increasing taxes to fund that was not a politically clever thing to do. Politicians wanting to keep their jobs decided that what would be better was to offer a pension to state workers. It was a promise to underpaid state workers of retirement income at a later date. That way the state could defer the additional expense and let the job of finding extra money for that to be dumped on some later generation of legislators and governors.
But the day never came when politicians in Springfield had the courage to face up to the reality that the promise of those deferred payments to workers would actually have to be honored. They just waited, juggled budget line items and hoped for some magical solution to appear, even as state liabilities continued to pile up. All that waiting wasn’t a serious problem, right up to the point when the state went broke.
At that same time we found ourselves in the dungeon of Republican thinking, where all government is bad, where all unions are bad and all taxes are bad. Then Bruce Rauner rode into town on his mealy-mouthed promise of fiscal responsibility for the state. That meant eliminating unions so that workers would have nothing to protect them from people like Bruce Rauner. We could solve our fiscal problems on their backs and on the backs of teachers. Also on the backs of mentally ill patients and school kids. This makes sense if your name is Rauner.
So, shame on all of us for allowing our politicians to let us believe that there was a free lunch that extended for generations. Taxes were low – everyone liked that – but now we have a crisis of epic proportions, paired with an intransigent governor who seems to believe that he is an emperor and is above compromising with the pitiful representatives of the people.
We’re approaching a full year without a budget and Illinoisans – once again, these are real people – are suffering. It just might be that Bruce Rauner is monumentally wrong for Illinois, but we’re stuck with him unless he is found guilty of some impeachable offense. Sadly, being arrogant, mean and a tool for the 1% are not such offenses.
————————————-
Ed. note: There is much in America that needs fixing and we are on a path to continually fail to make things better. It is my goal to make a difference – perhaps to be a catalyst for things to get better. That is the reason for these posts. To accomplish the goal requires reaching many thousands of people and a robust dialogue.
YOUR ACTION STEPS: Please offer your comments below and pass this along to three people, encouraging them to subscribe. Thanks! JA
Copyright 2024 by Jack Altschuler Reproduction and sharing are encouraged, providing proper attribution is given.
World Population – Source: http://www.worldometers.info/world-population/
Reading time – 2:10 – Viewing time – 5:29 . . .
When there were just one billion people (about 1804), this planet was able to tolerate a lot of abuse in various forms of pollution, including fouling of lakes and rivers, putting toxic gasses into the air and dumping nasty materials into the ground. The ratio of humans to planet was just too great for us to have lasting, significant impact.
As we now approach eight billion people, the ratio is vastly different and human impact on the Earth is both obvious and threatening. That leaves us just two options for actions to save ourselves from substantial danger.
First, we can take steps to reduce the pollution that we create and perhaps even reverse some of it. That will take a united and sustained global effort if we are to avert wars over fresh water and food. It is hoped that such an effort has been started with the accords developed at the Paris Climate Conference in December, 2015, attended by 195 nations. The fundamental agreement is that each nation is to devise its own plan. What is needed, of course, is for all to follow through both with plans and with actions.
The second thing we can do is to cause world population to stabilize and then decrease, because obviously, with fewer people we will have a reduced impact on the planet. Accomplishing that is the trick.
Jonathan Swift offered us direction on that with his 1729 offering to ease the burden of the poor in Ireland by selling their children as food, this in his powerful work, A Modest Proposal. What could be simpler and have the twofer advantage of both decreasing the population and helping with food shortages?
With that clear and compelling logic in mind, I suggest that we are already on a similar journey and offer these examples:
We stubbornly refuse to change our lifestyle habits and that’s good, because that helps to solve our population problem.
Interestingly, there are now more homicides by firearms each year than deaths due to car crashes. Part of that is due to the safety systems now built into our cars, like seat belts, air bags, ABS brakes, traction control and newer features like frontal crash protection. There is even some braniac’s invention of a system to keep your car in its lane, even when you’re distracted by texting something that’s so important that it can’t wait for you to stop the car.
Unfortunately, all of those automobile safety features run counter to our desired reduction of the population, so some serious consideration should be given to abandoning all of them and bringing back the days when holiday weekends were marked by tallying the hundreds of fatal car crashes across the nation.
For the gun part of this issue, it’s time to stop pretending that background checks, fingerprint ID and trigger locks are good things. It’s time for a national return to both open and concealed carry, with all adult citizens being required to carry a loaded gun. That will bring us back to the days of the Old West and we will be able to settle our differences quickly and help to reduce over-population and pollution all at the same time.
As for the suicides of military veterans, we may have to become better at this, as there are roughly 21.8 million vets in America, so the 22 suicides per day probably won’t have sufficient impact to make a dent on our over-population problem. Perhaps we can entirely eliminate PTSD treatment for returning vets and also string out medical attention for war-related injuries even longer.
Source: “NIH Research Funding Rebounds in President’s FY 2016 Budget”, by, Federation of American Societies for Experimental Biology
Finally, and perhaps obviously, it’s time to end our mania over disease treatment and prevention. Infectious diseases have the same potential today to solve a great many of our population challenges as they did during the bubonic plague in medieval Europe and the influenza epidemic in the early 20th century. Sadly, we have recently taken a step in a counterproductive direction.
As you can see from the dashed light blue line on the chart on the right, we have wisely been reducing funding for the National Institutes of Health for 13 years. Just this year, though, in a wrong-headed move, the President increased funding just slightly. That will have the long term effect of increasing our population and pollution problems. What could he have been thinking?
Clearly, there are things we can do to increase our death rate and achieve our goals. All we need is our national gift for innovation and the courage to rededicate ourselves to continue on our path.
————————————-
Ed. note: There is much in America that needs fixing and we are on a path to continually fail to make things better. It is my goal to make a difference – perhaps to be a catalyst for things to get better. That is the reason for these posts. To accomplish the goal requires reaching many thousands of people and a robust dialogue.
YOUR ACTION STEPS: Please offer your comments below and pass this along to three people, encouraging them to subscribe.Thanks! JA
Copyright 2024 by Jack Altschuler Reproduction and sharing are encouraged, providing proper attribution is given.
Last month I explained that challenging the presidential contenders to the throne on how they would accomplish the things they say they will do is folly, but we keep hearing such useless challenges. Indeed, cable news picked up the story from the April 1 interview of Bernie Sanders by the New York Daily News editorial board and somehow found a fatal lack of how-ness in his responses and they obsessed over that.
The Daily News interviewers said to Sanders, ” . . . you expect to break up [the big banks] within the first year of your administration. What authority do you have to do that? And how would that work? How would you break up JPMorgan Chase?”
Oddly – and this may be news to our cable news obsessers – it just isn’t useful to ask him that, because – BREAKING NEWS! – our presidents are not dictators. They don’t get to wave their hand and have the country “make it so.” What they get to do is to name the things they see as critical and which they will influence to the best of their ability to come about if they’re elected. That’s all they have.
Hillary Clinton tells us on her website that she will reform campaign finance. She has a 3-step program to do that. First, “Overturn Citizens United.” Next, she will “End secret, unaccountable money in politics.” Third, she will “Establish a small-donor matching system to amplify the voices of everyday Americans.” Good ideas. But as president, she wouldn’t be able to do any of that. Presidents don’t get to overturn Supreme Court decisions or make laws. Again, all she would be able to do would be to try to influence those in other parts of government to accomplish those things. That’s it.
Donald Trump tells us that he’s going to build a 1,989 mile long wall along our entire border with Mexico and he’s going to get Mexico to pay for it. Setting aside the belly laughs that are coming from Mexico City, when asked how he will get the Mexican government to pay for it, his most specific answer that is understandable to a normally functioning human being is that he claims he’s a hard negotiator. Here’s what he said:
“Mexico must pay for the wall and, until they do, the United States will, among other things: impound all remittance payments derived from illegal wages; increase fees on all temporary visas issued to Mexican CEOs and diplomats (and if necessary cancel them); increase fees on all border crossing cards of which we issue about 1 million to Mexican nationals each year (a major source of visa overstays); increase fees on all NAFTA worker visas from Mexico (another major source of overstays); and increase fees at ports of entry to the United States from Mexico. We will not be taken advantage of anymore.”
Don’t be troubled by your inability to understand most of that, because some of it is vapor from Trump’s imagination and the rest are things he cannot do by fiat. Assuming he is serious about doing the things he mentions, he cannot do them – at least not on his own.
There are exceptions, like Bernie Sanders telling us how he would fund tuition at our state universities through a tax on financial transactions. There are other candidates who list some how stuff, too.
For the most part, though, we can examine all the issues detailed by all the candidates, but in fact, there isn’t much to examine. From a practical point of view, the only thing of use to you is that you can get a general idea of how a person thinks, what they believe and the things they want you to believe they will do if they are elected. You get to sort through all of that noise, jettison the stupid stuff and then make your selection.
So, one more time: Stop obsessing about the how.
And pass this along to whatever broadcast or cable news outlet you follow, telling them to chill about the how.
————————————-
Ed. note: There is much in America that needs fixing and we are on a path to continually fail to make things better. It is my goal to make a difference – perhaps to be a catalyst for things to get better. That is the reason for these posts. To accomplish the goal requires reaching many thousands of people and a robust dialogue.
YOUR ACTION STEPS: Please offer your comments below and pass this along to three people, encouraging them to subscribe.Thanks! JA
Copyright 2024 by Jack Altschuler Reproduction and sharing are encouraged, providing proper attribution is given.
A while back Paul Ryan offered an updated version of his budget plan that would at last make our national economy whole, solid and debt free. The only problem with his plan is that it will not make our national economy whole, solid or debt free. In fact, it would create an additional $1.8 trillion of debt, while making wealthy people far wealthier and middle class and poor people even poorer. It is based on outright fraud, the wishful thinking of fairy dust sprinkled upon us (“I can fly!”) and it is the plan that Ryan continues to promote today. Have a look at Paul Krugman’s analysis in his essay, The Flimflam Man.
Gary Klaben is one of those guys who manages to be sensible in a world that – let’s face it – usually doesn’t seem too sensible. Watch his most recent video, where he compares how we believe certain things, even in the face of a very different reality. It isn’t always easy to see reality, as our news media only brings us the sensational. Example: CNN’s month-long, non-stop coverage of the Malaysia Airlines Flight 370 disappearance, even as there was never any new information. That very sensationalism causes our understanding of reality to be skewed in the direction of fear and danger. Pay special attention to that part as you watch Gary.
Wonderful news!
We no longer have to enforce sanctions against North Korea or Iran, nor do we have to worry about cutting off funding for terrorist groups.
We no longer need civilian leadership to set the priorities or address the needs of the U.S. army, which has been at war since 2001.
We no longer have to deal with our southern border security or the influx of Central American immigrants, nor do we have to concern ourselves with counter-narcotics efforts.
All of those things must be true, since the Republicans in the Senate continue to block appointments of people who would be charged with leading our efforts to deal with these issues. Have a look at this article from the New York Times editorial board and you’ll see that partisan politics is far more important to Republicans than having our nation safe and operating well, notwithstanding their chest thumping and promises to carpet bomb and torture. And, lest you believe that we should be apportioning responsibility for this insanity equally between the political parties, have a look at Ezra Klein’s explanation here.
You already know that Donald Trump couldn’t possibly get any crazier or more dangerous, right? Yet, maybe he’s just warming up and this is the minor league of his xenophobia, his bigotry, his misogyny. Have a look at this MoveOn.org video and decide for yourself what’s coming at future Trump rallies and, if total insanity grips our nation, what will happen if Trump is elected president. It isn’t difficult to imagine storm troopers smashing down your door in the middle of the night and then Trump telling the nation, “It’s a beautiful thing. Believe me.” Maybe staying silent right now isn’t an acceptable option for you.
You’ve heard Bernie Sanders tell us the truth, that no president can reform our nation on his/her own because this is not a dictatorship. Instead, he calls on us for a political revolution, for millions of us to demand the reform we need. Thom Hartmann tells us in his book Unequal Protection that he believes that it will take 10 – 20% of us to stand up and make our voices heard. That is exactly why I offer this platform for our discussion of the truth and encourage you to comment, to make your voice heard. Go ahead – offer your ideas in the What Do You Think? section below.
And that is why I crafted and deliver my program, Money, Politics & Democracy: You’re Not Getting What You Want. I’ve reached hundreds of people from across the political spectrum and not a single person has given me push-back because this is strictly a non-partisan presentation of the truth of what is going on in America. It is also a call to action.
If we are to become the millions of Americans making our voices heard and demanding reform, I’m going to have to bring this clarity to a lot more people. Will you help me to do that?
We need to educate young people who will live for a very long time with the consequences of our actions today. We need to reach poor people who are suffering and don’t understand why life is so hard for them or how to make things better. We have to reach blue collar workers like those at Carrier Corporation in Indianapolis who are all losing their jobs, as their manufacturing plant and all 2,100 of their jobs are being sent to Mexico.
I don’t want money to do my part to educate and motivate Americans. I just want to shove us back to being a democracy. That will make all the difference.
So, make the connection with a group you know who will listen to my message. Tell me when and where and I’ll show up.
Thanks for being part of the solution.
————————————-
Ed. note: There is much in America that needs fixing and we are on a path to continually fail to make things better. It is my goal to make a difference – perhaps to be a catalyst for things to get better. That is the reason for these posts. To accomplish the goal requires reaching many thousands of people and a robust dialogue.
YOUR ACTION STEPS: Please offer your comments below and pass this along to three people, encouraging them to subscribe.Thanks! JA
Copyright 2024 by Jack Altschuler Reproduction and sharing are encouraged, providing proper attribution is given.
Ed. note: This was my response to a letter from a friend, updated only very slightly, and was posted three months before the 2012 general election. Sadly, the question still haunts us.
Reading time – 3:34; Viewing time – 8:36 . . .
Thanks so much for your comments. I completely and enthusiastically agree . . . You said we have bigger fish to fry and we certainly do have enormous financial issues.
We really have been living beyond our means for decades and our politicians (both R’s and D’s) have done a good job of protecting their jobs instead of doing their jobs and, in the process, they have led the public to believe that there is a free lunch. We, the public, somehow went along with them when, to paraphrase Richard Pryor, the politicians said to us, “You gonna believe me or your lying good sense?” And we believed them. Go figure.
Notwithstanding the stupidity of all parts of that dynamic, my original comments that perhaps seemed polarized were and are intended to be focused on the broader issue. You used the word “reprehensible” and it is both apt and at the heart of my meaning. Here are a few data points, all of which raise a singular question.
The Republicans, led by Ted Cruz, held hostage the entire nation – even the entire world economy – to their fiscal demands. I understand that it was a leverage point, but the debt ceiling and a new budget are two entirely different things and the authorization to increase the debt ceiling should have been done as an independent issue. It should have been done immediately in order to declare our resolve to remain the standard for the world economy. Threatening financial disaster can be seen in another way: It is a statement of the kind of America the Republicans are trying to create. Is that really who we Americans are?
Conservatives Reagan, Bush I & Bush II, each in his time, ran up the biggest deficits/debt in the history of the world. Reagan and Bush I increased taxes to pay for their spending. Bush II instead both decreased taxes and started two unnecessary wars. All of that pushed us to the brink of financial disaster. Is that really who we Americans are?
Recall for a moment the Reagan-initiated frenzy for deregulation, a Republican mania that continues today. That led directly to the financial collapse of 2008 and, yes, D’s were complicit in that. All those trillions of bail out dollars are gone and with no accountability and nearly no mechanisms to prevent another round of “too big to fail.” Strangely, the Republicans are howling for still more deregulation which would put us at ever greater risk. Is that really who we Americans are?
A violent storm went through my area this morning and a power line was downed by a broken tree limb just a block from my house. The police were out in the violent storm within minutes, cordoning the area and protecting everyone from the continuous blast of 600 volt sparking and fire. Before heading to my basement due to a tornado warning, I saw more flames from another direction, called 911 and was connected to the fire department. I reported the situation and a bunch of guys saddled up and headed out in a fire truck, this while most of us were huddled in our basements from the continuing storm.
Consider, too, the school teachers to whom we entrust most of our kids’ education and those who drive snow plows through blizzards so we can go where and when we want. All these people protect and support us, including in dangerous situations and often in terrible conditions. They are also the people who the Republicans want to strip of some of their pay, their pensions, their right to bargain collectively and the Republicans want to lay off a bunch of them, too. In Wisconsin, Scott Walker wants to take nearly all of the savings from the heavy load put on the backs of Wisconsin cops, firemen, teachers and others and give it to rich people. Is that really who we Americans are?
Paul Ryan wants to kill Medicare, send everyone and their money to a few private medical insurers and leave millions of those who need health care adrift in their poverty. 70% of the savings from his plan to kill Medicare would go directly to rich people and corporations. Is that really who we Americans are?
In Michigan, the Republican controlled state government has decided that they have the right to take over any local governmental body in the state if the geniuses in Lansing decide that the locals need their help. [Update: Take a look at the Flint, MI lead-poisoned kids to get an idea of what a fine job those geniuses are doing.] They have effectively stripped voting rights from entire communities and imposed a dictatorship on the state. Is that really who we Americans are?
In Arizona, former governor Jan Brewer and Sheriff Joe Arpaio enshrined discrimination into the law and into desert concentration camps. Is that really who we Americans are?
Rand Paul says that it’s immoral that we helped the victims of Hurricane Katrina. That pretty much captures the America he and so many of the hair-on-fire R’s want us to become. Is that really who we Americans are?
The Republicans voted in lock step to continue to give tax breaks to the biggest oil companies which have the greatest profits in the history of the world. Huh?
Everything I see tells me that the Republican party wants to turn the clock back to the days of the robber barons. Life was very good then for the very rich. For everyone else, well, it wasn’t so good. The Republicans seem to be in favor of anything to kill those hated programs that help people who need help. Yes, I know there are plenty of dim-witted and even self-defeating programs that never should have been started or which have long outlived their usefulness. And don’t misunderstand me: There is nothing wrong with being rich. The wrong is in excluding everyone else.
The financial burden from the past is enormous and vexing. The financial challenge of the future will look different from the free lunch nonsense to which we are accustomed. There is plenty of fixing to do. The key, though, is our clarity of vision of who we want to be – our national True North. That direction is being decided right now, in part, by people doing reprehensible things. The reprehensible behavior is not one-sided, of course. The bulk of it that I see, though, comes from the right.
I wish I could find one of those moderate Republicans you mentioned who has the backbone to speak what s/he believes, rather than what they thought would get votes from “the base” and who would offer reasonable centrist views. I’m hoping that you are incorrect about them being extinct, but instead find that they are in hiding, waiting for the chest thumping storm of temper tantrum insanity to pass. I will welcome an honest exchange that focuses on making a better America.
At the risk of sounding melodramatic, I believe we are right now at an important crossroads in the battle for the soul of America. We are in a defining moment of setting a vision – a self-image – of who we Americans really are.
We are crafting the America our children and grandchildren will inherit – and we’re doing it right now!
We better get about the task. We better speak up about the task, because:
If you don’t make your voice heard, people who want a very different America from the one you want will be heard, because they will be the only ones talking.
Speak up! In the Comments section below. With your friends, your family and, yes, even your crazy brother-in-law. Speak up or you and your children will have to put up with what you’ve tolerated.
Copyright 2024 by Jack Altschuler Reproduction and sharing are encouraged, providing proper attribution is given.
The late 1960s was a deeply troubling time. Political assassinations, civil injustice and upheaval and a divisive war all had America in spasms of confusion and conflict, even down to an individual level.
I spent a large portion of my senior year in college,1967-1968, wrestling with what I would do when my 2S deferment would run out in spring. I felt a deep sense of duty to my country, yet the war in Viet Nam seemed so wrong to me that I did not want to support efforts to prosecute it – not even indirectly. My problem was solved at the end of my pre-induction physical, when a military doc processing the herd of fresh meat for that day pronounced me a 1Y.
That didn’t satisfy my sense of duty to country, though, and it didn’t take a great deal of introspection to realize that if I didn’t go to war, some poor kid from somewhere else would take my place. What did I owe that kid? What did I owe America? I’m guessing the avoidance of military duty left many others with similar feelings, a sense of lack of obligation fulfillment.
I looked into running for Congress as a way to serve my country, but after much investigation realized that I couldn’t stomach the continuous begging for campaign cash that our elected representatives have to do, so I looked for a better way to contribute. That was around the same time that I came to realize the corrosive effect big money has on our politics and on our democracy.
The influx of big money into our politics is the mother lode of our national dysfunction. Jimmy Carter calls it “legalized bribery.” It drives our insanely expensive and second rate healthcare outcomes, our too-big-to-fail banks that are once again driving us to the precipice, our continuing refusal to create and follow any energy policy for this new century (or even the last one) in order to avoid catastrophic global warming, the entrenched refusal to do anything to prevent three dozen gun murders per day – the list goes on and on, and 4 out of 5 Americans who know about the big money in our politics that drives our dysfunction want that changed. Once I saw that with sufficient clarity, not surprisingly, an idea emerged and it turned into a program.
I deliver leadership keynote presentations and workshops for a living, so it was a natural fit to harness the skills I use in the business world to educate and motivate Americans to action over our campaign finance and lobbying dishonesty. That is to say, more Americans need to know what’s really going on, because 80% of those who know will demand that we clean up this cesspool of political corruption. I set out to let them know about it.
I created Money, Politics & Democracy: You Aren’t Getting What You Want. It is a 1 hour, 15 minute presentation that outlines how we got to where we are, the mess we’ve made of our democracy such that We The People aren’t getting what we want and, most importantly, what we can do about it. The program is non-partisan and is not aligned with any political candidate for any office. It is an equal opportunity exposure of the outrageous mess that is our campaign finance and lobbying systems. It is designed to open eyes and catalyze Americans to demand change, the nation-defining transformation we need if we are to remain a democracy.
Here’s the call to action: Connect me with groups where I can deliver this message. I don’t want anything other than to have the opportunity to serve our country and change it for the better. This is about our duty – my duty – to make a difference for America. Will you help me do that?
————————————-
Ed. note: There is much in America that needs fixing and we are on a path to continually fail to make things better. It is my goal to make a difference – perhaps to be a catalyst for things to get better. That is the reason for these posts. To accomplish the goal requires reaching many thousands of people and a robust dialogue.
ACTION STEP: Please offer your comments below and pass this along to three people, encouraging them to subscribe.Thanks! JA
Copyright 2024 by Jack Altschuler Reproduction and sharing are encouraged, providing proper attribution is given.
Alan King was a brilliant comedian. He brought sophistication to the discussion of street level life and backed it with his mostly undisclosed intellectualism, as he poked a stick in the eye of human foolishness.
We are faced today with great challenges and it’s plain to see that they are of this day. These are modern problems demanding answers, right? Well, yes and no.
The more things change, the more they stay the same.
Thanks to FA for pointing out the Alan King tutorial.
————————————-
Ed. note: There is much in America that needs fixing and we are on a path to continually fail to make things better. It is my goal to make a difference – perhaps to be a catalyst for things to get better. That is the reason for these posts. To accomplish the goal requires reaching many thousands of people and a robust dialogue.
Copyright 2024 by Jack Altschuler Reproduction and sharing are encouraged, providing proper attribution is given.
Paul Ryan, Managing Partner Hayfield Financial – New York
Reading time – 57 seconds . . . NOW IN VIDEO!
Ed. note: Be sure to read the P.S. at the end – it’s not in the video.
What you don’t know about Paul Ryan – no, not that one – the other one – the main guy at Hayfield Financial in New York – is that he is a Wall Street guy who supports Bernie Sanders. And Sanders is the guy who wants to bust up the Wall Street Banks and tax hedge fund managers at the same rates you’re taxed. Seems like a strange pairing. Oddly, Ryan is not the only financial guy backing Bernie.
Ryan was interviewed on NPR’s Here and Now on November 30 and he talked about the complex products and transactions that go on every day in the black box that is Wall Street. Ryan is a smart guy, with a degree in economics from Harvard and a law degree from Fordham University, but he says he can’t make any sense of the crazy stuff that Goldman Sachs and others are doing. In describing his view, he invoked a paraphrasing of Occam’s Razor:
That which is the simplest is the most likely explanation.
He followed that with his criticism of Wall Street:
That which is most complex is probably fraudulent.
I had to check myself before celebrating Ryan’s validation. But after all, credit default swaps are so convoluted and cynical that not even really smart people fully understand them, perhaps not even the sociopath who invented them.
Just before the 2008 meltdown Goldman Sachs was enthusiastically promoting collateralized debt obligations to its clients, selling them at a blistering pace as though they were magic beans going to a gullible Jack (notme). At the same time, Goldman was dumping its own holdings of those worthless things. What was it that Ryan said?
That which is most complex is probably fraudulent.
I’m still looking for the perp walk of the criminals who brought down our economy and cost you and me trillions of dollars. I still want exposed the creeps who twisted political arms to make legal what was illegal, who got permission to imply morality for what is clearly immoral and who believe with supreme, egotistical confidence that their pursuit of greed is all that matters.
Perhaps this Paul Ryan reassures us that there are some in the world of big financial dealings who possess some integrity and good sense. That’s hopeful.
And maybe, just maybe, Bernie Sanders has some good ideas.
Maybe, just maybe, we can get past the stupid, bully-on-a-playground mentality of politics to look at substance and elect someone who will lead the way to restore sanity to American politics and the American economy.
And maybe, just maybe, it’s your job to see that that happens. It’s time to get to work.
P.S. While our politics are surely crazy and not what our founders intended them to be, there are some who offer us reminders to keep us focused. Please have a look at this video of 500 high school kids in Kentucky (be patient, as it may load slowly). Turn up your computer speakers and take it in. Feel the timeless message that Francis Scott Key intended for those boys on the battlements of Fort McHenry in Baltimore Harbor in 1814, as they were withstanding the brutal British naval bombardment.
Those soldiers did that for us. What is our obligation to those who will come after us?
————————————-
Ed. note: There is much in America that needs fixing and we are on a path to continually fail to make things better. It is my goal to make a difference – perhaps to be a catalyst for things to get better. That is the reason for these posts. To accomplish the goal requires reaching many thousands of people and a robust dialogue.
ACTION STEP: Please offer your comments below and pass this along to three people, encouraging them to subscribe.Thanks! JA
Copyright 2024 by Jack Altschuler Reproduction and sharing are encouraged, providing proper attribution is given.
Does anyone remember the terrible floods in the desert country of Oman in June or the floods in Los Angeles 3 weeks ago or the students who were killed at Umpqua Community College in Oregon just last month?
Our news is currently obsessed with terrorism in Europe and Africa and with Syrian women and children refugees (have a look at this for a fresh perspective) who might come to America and kill you. We see talking heads speculating endlessly over things about which they have no facts. Experts rattle on as though oracles of the gods, while relatives of victims and witnesses to terrorism are interviewed in bouts of heart-tugging pandering for the cameras.
The good news is that this will pass. It will happen just as soon as the next sensational awful thing happens. The even better news is that the political stupid stuff that’s being sprayed in toxic levels over the current events will also start to abate, but the political pandering will have made its mark.
Ben Carson’s support has dropped 40% because people are at last realizing that he is clueless. Support for the circus barker with the strange hair has gone up because he is sucking up to people’s need for security with his inane pronouncements. And Ted Cruz sounds ever more like the idiot that he is not and ever more like the manipulator that he most surely is.
So much certainty and so little wisdom is vying for our attention. What’s a thinking person to do?
Keep your eye on the ball: The mother lode of our political and governmental dysfunction is the big money influence on our elections and lobbying practices. Fix that and the rest of our challenges will be handled promptly and well.
So, keep heart and work hard to elect a Congress – your senators and congressman/woman – that will reform our criminal campaign finance system. And work extra hard to elect a president who will appoint Supreme Court justices who aren’t wacko righties bent on creating an oligarchy and subverting your rights.
————————————-
Ed. note: There is much in America that needs fixing and we are on a path to continually fail to make things better. It is my goal to make a difference – perhaps to be a catalyst for things to get better. That is the reason for these posts. To accomplish the goal requires reaching many thousands of people and a robust dialogue.
ACTION STEP: Please offer your comments below and pass this along to three people, encouraging them to subscribe.Thanks! JA
Copyright 2024 by Jack Altschuler Reproduction and sharing are encouraged, providing proper attribution is given.
With 25 years of hands-on executive experience as CEO of the commercial and industrial water treatment company I founded, I now use every bit of what I learned there in delivering workshops and keynote speeches on leadership. And it seems our national political leaders need a bit of that training, too. Let's talk about it here.
Reading time – 1:17; Viewing time 2:42 . . .
