The framers of our Constitution often viewed the US democracy as an experiment. This experiment came under the severest test during the Civil War and once again during the Great Depression.
As I listen to our politicians blame each other, the President, external factors, and spin issues to deflect attention away from themselves to ensure re-election, I often wonder whether this grand experiment is rapidly approaching its failure point.
Serious financial issues such as Social Security, Medicare, and our mounting debts continue to be the proverbial can being kicked down the road.
I believe that if the incoming Congress does nothing to curtail spending in the next session, then the can will have been kicked further down the road only to roll off a very steep cliff in the not so distant future.
The Korean Penninsula at Night
In his book "Decision Points" former U.S. President George W. Bush mentioned this satellite photo of the Korean Penninsula at night. This photo clearly highlights the difference in how these two countries are faring under their respective governments. Sadly, President Bush cites the estimate of 1 million North Koreans who have died due to malnutrition in 6 years. Hard to argue with that fact and the photo as to which country has fared better.
Warnings by Paul Volcker and William E. Simon
The foreword to former Treasury Secretary William E. Simon's "A Time for Truth" dedicates the book to his children so that they "can never say that they were not warned". This book was written in the late 70's and was followed by "A Time for Action" as Ronald Reagan entered the presidency. .
Around the time that the Reagan team was taking shape, then Federal Reserve Chairman Paul Volcker described the election and electoral mandate to right the nation's economic house as a "rare opportunity that does not come along too often".
Though a Democratic President, Bill Clinton, presided over four years of budget surpluses during the 90's, the warnings uttered by William Simon and "rare opportunity" described by Paul Volcker were neither heeded nor seized.
Let's hope that there is another opportunity in the horizon.
Around the time that the Reagan team was taking shape, then Federal Reserve Chairman Paul Volcker described the election and electoral mandate to right the nation's economic house as a "rare opportunity that does not come along too often".
Though a Democratic President, Bill Clinton, presided over four years of budget surpluses during the 90's, the warnings uttered by William Simon and "rare opportunity" described by Paul Volcker were neither heeded nor seized.
Let's hope that there is another opportunity in the horizon.
Comparing Dr. Jeremiah's Predictions to Bloomberg's Reports
In the most recent chapter of "Economic Armageddon", Dr. Jeremiah describes how the United States' reign as the world's foremost economic power will decline once it loses its "reserve currency" status (the currency against which all foreign currencies are pegged). Having the world's reserve currency has benefits that, once lost, will relegate America to a 2nd tier financial power. Dr. Jeremiah believes that our nation will lose this longstanding status in the future.
Today's Bloomberg podcasts on the economy interviewed international economists who discussed the merits of regional reserve currency standards to be held by China, Europe, and Australia/New Zealand. So, the long held reserve currency status appears to be fleeting.
Meanwhile, our leaders in Washington are posturing for the 2012 election while our economic house of cards continues to shimmy towards collapse.
Today's Bloomberg podcasts on the economy interviewed international economists who discussed the merits of regional reserve currency standards to be held by China, Europe, and Australia/New Zealand. So, the long held reserve currency status appears to be fleeting.
Meanwhile, our leaders in Washington are posturing for the 2012 election while our economic house of cards continues to shimmy towards collapse.
The Four Horsemen of the Apocalypse (Wall Street)
Nobel Prize-winning economist Joseph Stiglitz’ Four Horsemen of Wall Street — Greed, Mendacity, Stupidity and Arrogance: the source recent financial crises.
The National Debt
The national debt hit $1 trillion while Ronald Reagan was President. It is now estimated to be approximately $12 trillion. Many used to say that deficits don't matter since we owe it to ourselves. Not now. Countries such as China, Japan, Saudi Arabia, and even Russia now own our debt.
But, Dr. Jeremiah stresses that $12 trillion is just the tip of the iceberg. There are approximately $25-30 and $75 trillion in unfunded liabilities for Social Security and Medicare, respectively. Plus, there are the hidden government guarantees associated with our alphabet soup entities: FDIC, Freddie Mac, Ginne Mae, Fannie Mae, and the Pension Guaranty Trust -- the proverbial moral hazard. The current demographics and economics point to either sovereign default at best or financial collapse at worst. This is quite sobering.
Since WWII, we have gone from the benefactor to the world to the ultimate sovereign debt crisis waiting to happen.
Many believe that unless we see some form of a new fiscal policy and soon from Washington, we are destined to join the ranks of Ireland, Spain, Portugal, and Italy. The scary thing is that our leaders in Washington do not seem to have this iceberg in their sights. The last 3 years has not served as a wake-up call.
But, Dr. Jeremiah stresses that $12 trillion is just the tip of the iceberg. There are approximately $25-30 and $75 trillion in unfunded liabilities for Social Security and Medicare, respectively. Plus, there are the hidden government guarantees associated with our alphabet soup entities: FDIC, Freddie Mac, Ginne Mae, Fannie Mae, and the Pension Guaranty Trust -- the proverbial moral hazard. The current demographics and economics point to either sovereign default at best or financial collapse at worst. This is quite sobering.
Since WWII, we have gone from the benefactor to the world to the ultimate sovereign debt crisis waiting to happen.
Many believe that unless we see some form of a new fiscal policy and soon from Washington, we are destined to join the ranks of Ireland, Spain, Portugal, and Italy. The scary thing is that our leaders in Washington do not seem to have this iceberg in their sights. The last 3 years has not served as a wake-up call.
Social Security - Our Government's Ponzi Scheme
The term "Ponzi scheme" is a widely known description of any scam that pays early investors returns from the investments of later investors. (source: Wikipedia)
Bernie Madoff is the most recent Ponzi schemer. As I continue to delve into Dr. Jeremiah's book "The Coming Economic Armageddon", I never considered our Social Security (SS) system as being a modern day Ponzi scheme but it does fit the definition. Current workers are contributing to benefits of retired workers.
Dr. Jeremiah states that his research reveals approximately $25-30 trillion dollars in unfunded SS. That means current day contributors will probably see very little in return for a lifetime of SS taxes.
Tomorrow - Dr. Jeremiah's view on our current national debt.
Bernie Madoff is the most recent Ponzi schemer. As I continue to delve into Dr. Jeremiah's book "The Coming Economic Armageddon", I never considered our Social Security (SS) system as being a modern day Ponzi scheme but it does fit the definition. Current workers are contributing to benefits of retired workers.
Dr. Jeremiah states that his research reveals approximately $25-30 trillion dollars in unfunded SS. That means current day contributors will probably see very little in return for a lifetime of SS taxes.
Tomorrow - Dr. Jeremiah's view on our current national debt.
"The Coming Economic Armageddon" by Dr. David Jeremiah
Over the years, there has been a plethora of economic doom and gloom books. The "doom crew" seems to draw much attention these days as millions are unemployed and many are in economic despair. I recall reading Howard Ruff's "How to Prosper During the Coming Bad Years". Mr. Ruff encouraged his readers to invest in gold which is now trading at well over $1,000 an ounce.
This book, here, though cites Bible prophecy as the basis of Dr. Jeremiah's Armageddon.
More on this book in future posts.
This book, here, though cites Bible prophecy as the basis of Dr. Jeremiah's Armageddon.
More on this book in future posts.
"The Bucket List"
The movie was a bit slow at times and was not what I expected. However, it was a very nice movie with themes of friendship, value, family, and impacting others. At the very end, we saw that Frank Capra III was the executive producer of this movie. Not sure of his involvement and influence on the movie, but it did have Capraesque qualities.
The combination of two great talents in Morgan Freeman and Jack Nicholson can result in a good movie.
The combination of two great talents in Morgan Freeman and Jack Nicholson can result in a good movie.
Why do we reward bad behavior?
Recently, I saw where former NY Governor Eliot Spitzer now has a show on CNN. It was just a few years ago that he resigned in disgrace. Several years earlier, I saw Monica Lewinksy who had landed a role on a TV reality show. I had read recently that former Illinois Governor Rod Blagojevich may have a TV show in the works.
Americans are very forgiving. But, we have to ask ourselves: why do we reward individuals with the limelight of TV shows? What message does this send to our children and those who strive to do the right thing daily?
Americans are very forgiving. But, we have to ask ourselves: why do we reward individuals with the limelight of TV shows? What message does this send to our children and those who strive to do the right thing daily?
Once the great and mighty Blockbuster
Today, I rode by "Blockbuster" in Short Pump. There were no cars in its parking lot. At first, I wondered if if had gone out of business. Then, I realized that it had no business. The once bustling store for video rentals was completely empty. I recall waiting in long lines to check out. The impact of NetFlix, cable's pay-per-view, iTunes, and other on-line services have brought this business close to the brink.
Then, I drove past Staples to see signs for Amazon's Kindle. Hard to believe that a few years ago, the Kindle was the rage. Bragging rights belonged to those who owned one. Then, Apple introduced the iPad. Now, the Kindle is far more affordable but less attractive than the iPad.
Now, Amazon is being challenged by an upstart on-line service via http://www.diapers.com/.
Today's business climate does not let the successful to sit back on their laurels too long. The pace of change is as Bill Gates's book "Business At the Speed of Thought".
Then, I drove past Staples to see signs for Amazon's Kindle. Hard to believe that a few years ago, the Kindle was the rage. Bragging rights belonged to those who owned one. Then, Apple introduced the iPad. Now, the Kindle is far more affordable but less attractive than the iPad.
Now, Amazon is being challenged by an upstart on-line service via http://www.diapers.com/.
Today's business climate does not let the successful to sit back on their laurels too long. The pace of change is as Bill Gates's book "Business At the Speed of Thought".
Time for another clarion call
In the 1960's, President Kennedy communicated his vision for America to successfully land a man on the moon and return him safely to Earth before the end of the decade. That call and challenge unleashed the American pioneer and competitive spirit. With that clarion call, many Americans entered our engineering programs and became direct or indirect contributors to our space program. We were going to beat the Russians to the Moon, no matter what.
Fifty years later, most of those engineers have either retired or passed away. Now, China and India produce 7 engineers for every 1 that our country graduates.
We need a President with the vision and boldness to exhort: "we as a nation will free itself from the twin evils of foreign oil and capital by 2020 through living within our means, shared sacrifice, and unleashing our innovative spirit to develop new technologies to fuel transportation." With that, we need a new call for engineers and scientists to help us to accomplish this.
That is leadership and that is what we desperately need. Americans need to hear that encouragement and be part of that vision.
Fifty years later, most of those engineers have either retired or passed away. Now, China and India produce 7 engineers for every 1 that our country graduates.
We need a President with the vision and boldness to exhort: "we as a nation will free itself from the twin evils of foreign oil and capital by 2020 through living within our means, shared sacrifice, and unleashing our innovative spirit to develop new technologies to fuel transportation." With that, we need a new call for engineers and scientists to help us to accomplish this.
That is leadership and that is what we desperately need. Americans need to hear that encouragement and be part of that vision.
The next bubble?
Some market watchers seem to believe that the Chinese have begun dumping U.S. treasuries and will reduce their purchases of them. What does this mean? Hard to say. Some would say this spells doom and gloom in terms of the Federal Reserve printing money, euphemistically referred to as quantitative easing, which translates in time into hyperinflation. Others predict higher interest rates which will choke off a housing recovery and impact consumer spending. Some predict for the U.S. the same as what has happened in Japan: over a decade of stagnant economic growth.
Regardless, we as a nation must reduce our reliance on foreign capital and soon. The Arabs have had us over the oil barrel for years. Detroit responded with SUVs and other gas guzzlers. It seems to me that the Chinese have us over the proverbial financial barrel. To this, we have responded by borrowing more money. What happens if our actions anger the Chinese and they refuse to lend us any more money? Hard to believe that we have allowed ourselves to be so indebted to the Chinese. They are now the world's banker and we the world's largest debtor.
This reminds me of one of the final scenes in "The Patriot" when General Cornwaliss, seeing surrender at Yorktown as inevitable, lamented to himself something to the effect "how could this have happened?"
Regardless, we as a nation must reduce our reliance on foreign capital and soon. The Arabs have had us over the oil barrel for years. Detroit responded with SUVs and other gas guzzlers. It seems to me that the Chinese have us over the proverbial financial barrel. To this, we have responded by borrowing more money. What happens if our actions anger the Chinese and they refuse to lend us any more money? Hard to believe that we have allowed ourselves to be so indebted to the Chinese. They are now the world's banker and we the world's largest debtor.
This reminds me of one of the final scenes in "The Patriot" when General Cornwaliss, seeing surrender at Yorktown as inevitable, lamented to himself something to the effect "how could this have happened?"
Tax versus subsidize
Their is an economic adage: want more of something, subsidize it; want less, tax it.
Our government subsidizes home ownership via tax deductions on mortgage interest and certain property taxes. For decades, the government subsidized social welfare and corporate welfare.
The government taxes income, property, investment, savings, and many commodities. Hence, look at our convoluted tax system that perpetuates both legal and illegal tax avoidance. The politicians bemoan our nation's low personal savings rate yet taxes the interest on our savings accounts.
Oddly, the politicians demagogue reduced capital gains, accelerated depreciation, and investment tax credits as favoring the wealthy and corporations despite how these measures have historically been a boon to the economy.
Several respected economists have recently lamented over the lack of business acumen and market understanding by those in Congress. We have to ask ourselves as we approach the November elections: should we continue to entrust our nation's economic future to those who have never owned a business, had to make a payroll, or even picked up an economics textbook? Our collective lack of such scrutiny has given us this dysfunctional government and we have indeed subsidized it.
Our government subsidizes home ownership via tax deductions on mortgage interest and certain property taxes. For decades, the government subsidized social welfare and corporate welfare.
The government taxes income, property, investment, savings, and many commodities. Hence, look at our convoluted tax system that perpetuates both legal and illegal tax avoidance. The politicians bemoan our nation's low personal savings rate yet taxes the interest on our savings accounts.
Oddly, the politicians demagogue reduced capital gains, accelerated depreciation, and investment tax credits as favoring the wealthy and corporations despite how these measures have historically been a boon to the economy.
Several respected economists have recently lamented over the lack of business acumen and market understanding by those in Congress. We have to ask ourselves as we approach the November elections: should we continue to entrust our nation's economic future to those who have never owned a business, had to make a payroll, or even picked up an economics textbook? Our collective lack of such scrutiny has given us this dysfunctional government and we have indeed subsidized it.
de Todqueville on "Democracy in America"
"The American Republic will endure until the day Congress discovers that it can bribe the public with the public's money."
I sought for the greatness and genius of America in her commodious harbors and her ample rivers - and it was not there . . . in her fertile fields and boundless forests and it was not there . . . in her rich mines and her vast world commerc - and it was not there . . . in her democratic Congress and her matchless Constitution - and it vas not there. Not until I went into the churches of America and heard her pulpits flame with righteousness did I understand the secret of her genius and power. America is great because she is good, and if America ever ceases to be good, she will cease to be great.
-- Alexis de Tocqueville
I sought for the greatness and genius of America in her commodious harbors and her ample rivers - and it was not there . . . in her fertile fields and boundless forests and it was not there . . . in her rich mines and her vast world commerc - and it was not there . . . in her democratic Congress and her matchless Constitution - and it vas not there. Not until I went into the churches of America and heard her pulpits flame with righteousness did I understand the secret of her genius and power. America is great because she is good, and if America ever ceases to be good, she will cease to be great.
-- Alexis de Tocqueville
David McCullough and "1776"
In an interview about his book "1776", the author David McCullough explained why he wrote it. He described the seemingly hopeless state of our fledgling country at that time. There were British warships menacing and sinking American ships at sea with little our nation could do in response. General George Washington commanded an unskilled, undermanned, and ill-equipped army to fight the world's greatest military power at that time. Things looked very bleak indeed.
Upon reading and hearing the countless commentaries on how 9/11 was America's darkest hour, Mr. McCullough asserts that the period circa 1776 was far darker, even darker than the Great Depressions. Most Americans just do not realize it. "That is why I wrote it" asserts Mr. McCullough.
As dark and gloomy as things seem now, we can draw strength from our storied past. If we, as a nation, are willing to take the strong medicine to cure our financial and social ills, we can restore ourselves to good health. We need only to look to our past.
Upon reading and hearing the countless commentaries on how 9/11 was America's darkest hour, Mr. McCullough asserts that the period circa 1776 was far darker, even darker than the Great Depressions. Most Americans just do not realize it. "That is why I wrote it" asserts Mr. McCullough.
As dark and gloomy as things seem now, we can draw strength from our storied past. If we, as a nation, are willing to take the strong medicine to cure our financial and social ills, we can restore ourselves to good health. We need only to look to our past.
Social Security to go without increase for 2nd straight year - NBC12 News, Weather Sports, Traffic, and Programming Guide for Richmond, VA |
This article misses the point. Sadly, many Americans rely upon Social Security as their sole source of retirement income. It was never intended as such. It was designed to be a supplement.
The consumer price index (CPI), the measure used to calculate cost of living increases, is heavily weighted toward energy costs and interest rates. Typically, the elderly are not purchasing homes with mortgages and not having to buy large quantities of gas for their cars.
In the early 80's when inflation was running in the 13-14% range, Social Security recipients were receiving hefty cost of living increases while those supporting the fund were receiving far less in terms of raises. In essence, "fixed incomes" was a misnomer in the realm of Social Security. Now that inflation has been very low, there are no increases.
The sad truth is that we cannot have it both ways: hefty increases when inflation is high and increases when there is no inflation as per the CPI.
Social Security to go without increase for 2nd straight year - NBC12 News, Weather Sports, Traffic, and Programming Guide for Richmond, VA
The consumer price index (CPI), the measure used to calculate cost of living increases, is heavily weighted toward energy costs and interest rates. Typically, the elderly are not purchasing homes with mortgages and not having to buy large quantities of gas for their cars.
In the early 80's when inflation was running in the 13-14% range, Social Security recipients were receiving hefty cost of living increases while those supporting the fund were receiving far less in terms of raises. In essence, "fixed incomes" was a misnomer in the realm of Social Security. Now that inflation has been very low, there are no increases.
The sad truth is that we cannot have it both ways: hefty increases when inflation is high and increases when there is no inflation as per the CPI.
Social Security to go without increase for 2nd straight year - NBC12 News, Weather Sports, Traffic, and Programming Guide for Richmond, VA
The government we deserve
Less than 50% of Americans vote. That statistic is startling given the enormous privilege it is to vote. Plus, we have a civic responsibility to hold our elected officials accountable. Sadly, myself included, we have not held up our end of the bargain. We have let our government do as it pleases. It passes legislation, like health care reform, that most Americans are against. It borrows money from foreign nations to fund programs we can no longer afford.
We have the government we deserve because we have abdicated our responsibility to hold elected officials accountable. The late Dr. Milton Friedman once said that we need no more than to look in the mirror to affix blame. I do not believe that the framers of our government envisioned career politicians serving sometimes up to 40 years in Congress. This should not be and we have the power to make a change.
We have an opportunity in a few weeks to send a warning shot across the bow of Congressional hubris. Let's all use that power individually and collectively lest we let the current group in Congress to continue pushing us toward the precipice. Let's not continue giving these out of touch officials a free pass.
We have the government we deserve because we have abdicated our responsibility to hold elected officials accountable. The late Dr. Milton Friedman once said that we need no more than to look in the mirror to affix blame. I do not believe that the framers of our government envisioned career politicians serving sometimes up to 40 years in Congress. This should not be and we have the power to make a change.
We have an opportunity in a few weeks to send a warning shot across the bow of Congressional hubris. Let's all use that power individually and collectively lest we let the current group in Congress to continue pushing us toward the precipice. Let's not continue giving these out of touch officials a free pass.
The long, lost days of financial prudence
During WWII and to stimulate the economy during the Great Depression, our country ran up huge public deficits. President Eisenhower lamented the need to run a negligible federal deficit in the 1950's. Also in the 1950's there was an Iowa Congressman, H.R. Gross, who would ask "who is going to pay for this" when new legislation was introduced in the House. Borrowing money was not taken lightly.
Many economists believe that unless we change our spending habits, and soon, we could be the next Greece and face sovereign default. How long will China continue to buy our U.S. Treasury notes? Should we be so indebted to a Communist nation? How could this happen to the nation that helped win WWII, put the first man on the moon, and brought about the end of the Cold War?
Somewhere in the past, we lost our way on the road of personal financial responsibility, too. Credit cards flourished. Home equity lines became far to easy to obtain and access. Many used their homes' equity like ATMs. Today, many owe more on their home than it is worth. How could this happen to the citizens of the world's wealthiest nation?
The more important question is, can we turn this around? The answer is yes and there is enough time, if we start right now.
Many economists believe that unless we change our spending habits, and soon, we could be the next Greece and face sovereign default. How long will China continue to buy our U.S. Treasury notes? Should we be so indebted to a Communist nation? How could this happen to the nation that helped win WWII, put the first man on the moon, and brought about the end of the Cold War?
Somewhere in the past, we lost our way on the road of personal financial responsibility, too. Credit cards flourished. Home equity lines became far to easy to obtain and access. Many used their homes' equity like ATMs. Today, many owe more on their home than it is worth. How could this happen to the citizens of the world's wealthiest nation?
The more important question is, can we turn this around? The answer is yes and there is enough time, if we start right now.
A time for boldness
"The world's largest borrower cannot be the world's greatest power indefinitely" -- Dr. Larry Somers, current Chairman of President Obama's Economic Council.
For over 30 years now, I have heard of our country's national debt and unfunded Social Security obligations referred to as "a ticking time bomb". The bookstores have been littered with the "doom and gloom" and "economic Armageddon" books. Eventually, the time bomb is going to detonate unless bold action is taken.
In the 1980 book "A Time for Action" former Treasury Secretary William Simon outlined bold and drastic steps to bring our fiscal house in order. Some of those measures have been implemented. Many have not.
Our dysfunctional Congress continues to thumb its collective nose at the very electorate that voted its members into office.
Want to take a bold step and send an ear-shattering message to Washington? Vote AGAINST EVERY incumbent this November, including those affiliated with your political party of preference. I plan to do so, even against Rep. Eric Cantor. They need to hear from us.
Be bold and encourage your friends to be bold. It is time to send Congress a message that we the people want to avert a financial calamity. It can start with voting in responsible representatives who will do the right thing; not what their lobbyists, political supporters, and biggest donators want.
We have just enough time -- if we start right now.
For over 30 years now, I have heard of our country's national debt and unfunded Social Security obligations referred to as "a ticking time bomb". The bookstores have been littered with the "doom and gloom" and "economic Armageddon" books. Eventually, the time bomb is going to detonate unless bold action is taken.
In the 1980 book "A Time for Action" former Treasury Secretary William Simon outlined bold and drastic steps to bring our fiscal house in order. Some of those measures have been implemented. Many have not.
Our dysfunctional Congress continues to thumb its collective nose at the very electorate that voted its members into office.
Want to take a bold step and send an ear-shattering message to Washington? Vote AGAINST EVERY incumbent this November, including those affiliated with your political party of preference. I plan to do so, even against Rep. Eric Cantor. They need to hear from us.
Be bold and encourage your friends to be bold. It is time to send Congress a message that we the people want to avert a financial calamity. It can start with voting in responsible representatives who will do the right thing; not what their lobbyists, political supporters, and biggest donators want.
We have just enough time -- if we start right now.
How to fix our current economic mess?
Having spent hours listening to economists, political leaders, and financial analysts, via both podcasts and audiobooks, here is a list of their recurring themes:
1. reduce government spending on entitlements, including Social Security and Medicare (retirement age must increase; age 65 is too young to retire these days)
2. beyond entitlements, reduce the federal government's deficit
3. enact permanent, not temporary, tax measures to spur business capital investment (this formula was part of the Kennedy tax cuts in the 60's and Reagan's in the 80's)
4. create an innovation bank to spur the creation of new ideas and harness America's entrepreneurial spirit
5. foster collaboration between government and business on # 4
6. emulate JFK's clarion call from the 60's to reach the moon and apply that energy and vision toward energy freedom from imported oil (focus on getting more college graduates in engineering)
7. hold our government accountable by using our right to vote incumbents out
8. overhaul the entire tax system to foster savings, not consumption (eliminate popular tax deductions like 2nd mortgages)
9. strong leadership that tells Americans that we must make tough choices to reduce spending (like Gov. Chris Christie in NJ)
If we do not take bold measures, like the ones listed above, I fear that we will enter a prolonged period, even decades, of stagnant growth and a decline in our living standard.
1. reduce government spending on entitlements, including Social Security and Medicare (retirement age must increase; age 65 is too young to retire these days)
2. beyond entitlements, reduce the federal government's deficit
3. enact permanent, not temporary, tax measures to spur business capital investment (this formula was part of the Kennedy tax cuts in the 60's and Reagan's in the 80's)
4. create an innovation bank to spur the creation of new ideas and harness America's entrepreneurial spirit
5. foster collaboration between government and business on # 4
6. emulate JFK's clarion call from the 60's to reach the moon and apply that energy and vision toward energy freedom from imported oil (focus on getting more college graduates in engineering)
7. hold our government accountable by using our right to vote incumbents out
8. overhaul the entire tax system to foster savings, not consumption (eliminate popular tax deductions like 2nd mortgages)
9. strong leadership that tells Americans that we must make tough choices to reduce spending (like Gov. Chris Christie in NJ)
If we do not take bold measures, like the ones listed above, I fear that we will enter a prolonged period, even decades, of stagnant growth and a decline in our living standard.
Raising Taxes In a Recession
In the early the 1930's, President Roosevelt became concerned about the burgeoning federal deficits. Thus, he enacted tax increases which many believe caused businesses not to hire and fostered more economic sluggishness. Thus, the Great Depression continued.
Eighty years later, President Obama is deliberating as to whether to extend the "Bush tax cuts". Allowing them to expire is analogous to raising taxes during a downturn.
Increased tax rates coupled with the business uncertainty created by Health Care Reform and Financial Industry Regulation has caused the current recovery to stall. Yet, our political leaders bemoan our current high unemployment levels.
There are so many parallels between the "Great Recession" and "Great Depression". I exhort our policy makers to open up their history books and avoid making more of the same mistakes.
Eighty years later, President Obama is deliberating as to whether to extend the "Bush tax cuts". Allowing them to expire is analogous to raising taxes during a downturn.
Increased tax rates coupled with the business uncertainty created by Health Care Reform and Financial Industry Regulation has caused the current recovery to stall. Yet, our political leaders bemoan our current high unemployment levels.
There are so many parallels between the "Great Recession" and "Great Depression". I exhort our policy makers to open up their history books and avoid making more of the same mistakes.
"13 Bankers" by Simon Johnson & James Kwak
The book chronicles how the banking industry has ascended into the largest and most powerful political lobby contributing hundreds of millions of dollars in support of key members of Congress's financial committees. One columnist recently commented on how members of Congress should wear jackets depicting their sponsor's logos on their backs akin to NASCAR. I suspect that Congress coddles to the wishes of their biggest contributors and turn their attention to the constituents around election time.
The book chronicles the revolving door between Pennsylvania Avenue and Wall Street. The list of Wall Street executives who served in key Presidential posts, such as Treasury Secretary, reads like a Who's Who in financial America.
Our 7th President, Andrew Jackson, had a tremendous distrust of banks, particularly a central bank. He had feared, rightfully so, that such a bank or strong banking industry would be the target of bribes and payoffs in exchange for favorable political treatment. It appears that President Jackson was correct.
The book chronicles the revolving door between Pennsylvania Avenue and Wall Street. The list of Wall Street executives who served in key Presidential posts, such as Treasury Secretary, reads like a Who's Who in financial America.
Our 7th President, Andrew Jackson, had a tremendous distrust of banks, particularly a central bank. He had feared, rightfully so, that such a bank or strong banking industry would be the target of bribes and payoffs in exchange for favorable political treatment. It appears that President Jackson was correct.
White Collar Structural Unemployment
In the 1980's, America witnessed its blue collar ranks decline during the '81-82 recession. Economists often referred to this as structural unemployment. In recent years, however, white collar workers have become part of the structural mix. Today on Bloomberg, an industry analyst predicted that in the next 18-24 months, 80,000 financial industry jobs, primarily in fixed income investments, will be lost. The reason? Structural unemployment due to that sector's slowness and unwillingness to embrace new technology. Whereas, one can easily get stock quotes and effect transactions on-line, such is not the case in the fixed income sector.
Hawley–Smoot Tariff Act of 1930
It originally started out to be a political vehicle by which to gain the votes of America's agricultural constituency. Once the bill wound its way through Congress and was enacted into law, it set off a world wide trade war. Many historians and economists believe that this act contributed to and helped to elongate the Great Depression.
Fast forward 80 years:
"The US House of Representatives this week approved a Bill that would let companies petition for duties on imports from China to compensate for the effect of an undervalued yuan. Also this week, Brazilian Finance Minister Guido Mantega warned of a global "currency war" as his country weighs a higher tax on capital inflows."
Many academics today lament the lack of economic literacy and knowledge of history that many in Congress display. This lack of wisdom could cause history to repeat itself.
"Those who cannot remember the past are condemned to repeat it." -- George Santayana
Fast forward 80 years:
"The US House of Representatives this week approved a Bill that would let companies petition for duties on imports from China to compensate for the effect of an undervalued yuan. Also this week, Brazilian Finance Minister Guido Mantega warned of a global "currency war" as his country weighs a higher tax on capital inflows."
Many academics today lament the lack of economic literacy and knowledge of history that many in Congress display. This lack of wisdom could cause history to repeat itself.
"Those who cannot remember the past are condemned to repeat it." -- George Santayana
Politics as usual continues
Despite a massive bailout of the auto ind. ustry, TARP for the financial industry, and stimulus for yet-to-be-defined infrastructure projects, our economy continues to limp along. Politicians continue to fret over high unemployment as they brace themselves to face the voters in November. Their short-term mindset coupled with the focus on either maintaining or gaining control of Congress has created much uncertainty. Add the uncertainty as to business costs associated with health care reform, financial regulation, and the "Bush tax cuts" to the mix and there is a mountain of uncertainty. No wonder businesses are reluctant to hire and consumers are reluctant to spend.
I do not see the Republicans as the proverbial knight to the rescue. They do not seem to have a plan other than attempting to capitalize on our economic travails. Many Americans continue to struggle yet our politicians are staking out positions in order to win seats in Congress.
Economists continue to point to this uncertainty and the dysfunctionality in Congress as perpetuating our economic duress. But in DC, it is a politics as usual.
Even if Republicans gain control of the House, I do not see that as a guarantee that things will improve.
However, there may be a glimmer of a new mindset emerging New Jersey Governor Chris Christie is administering much needed strong medicine to its fiscal house. When confronted by those whose programs he proposes to cut, Gov. Christie repeats his mantra of "I am not against your program. We cannot afford it". Hmmm. Fiscal responsiblitity -- what a novel idea.
I do not see the Republicans as the proverbial knight to the rescue. They do not seem to have a plan other than attempting to capitalize on our economic travails. Many Americans continue to struggle yet our politicians are staking out positions in order to win seats in Congress.
Economists continue to point to this uncertainty and the dysfunctionality in Congress as perpetuating our economic duress. But in DC, it is a politics as usual.
Even if Republicans gain control of the House, I do not see that as a guarantee that things will improve.
However, there may be a glimmer of a new mindset emerging New Jersey Governor Chris Christie is administering much needed strong medicine to its fiscal house. When confronted by those whose programs he proposes to cut, Gov. Christie repeats his mantra of "I am not against your program. We cannot afford it". Hmmm. Fiscal responsiblitity -- what a novel idea.
Lessons Learned
I definitely recommend the book "Crash Course" by Paul Ingrassia. The author provides an excellent insight as to the ills of the auto industry, its perennial denial of these problems, the distrust between unions and management, and the ultimate day of reckoning. The auto industry's crash was truly the result of "hubris borne of success" that Jim Collins expounds upon in "How the Mighty Fall".
How many businesses can survive by paying workers 95% of their compensation by not working; by offering lifetime health insurance at no cost; providing executives with two new leased cars per year; by having such ridiculous work rules so that workers wait and draw overtime pay until the person with the right job title fixes a broken machine?
Hopefully, the auto industry has learned from its close brush with death. However, its history and track record would seem to indicate otherwise. At times, I found myself shaking my head at those heading the auto ship as it steamed full ahead towards the waterfall of collapse.
Nevertheless, there are many lessons that we can learn from studying this storied and troubled industry, both from a professional and personal perspective.
How many businesses can survive by paying workers 95% of their compensation by not working; by offering lifetime health insurance at no cost; providing executives with two new leased cars per year; by having such ridiculous work rules so that workers wait and draw overtime pay until the person with the right job title fixes a broken machine?
Hopefully, the auto industry has learned from its close brush with death. However, its history and track record would seem to indicate otherwise. At times, I found myself shaking my head at those heading the auto ship as it steamed full ahead towards the waterfall of collapse.
Nevertheless, there are many lessons that we can learn from studying this storied and troubled industry, both from a professional and personal perspective.
A Tale of Two CEO's
Both men were at the pinnacle of power in corporate American, heading up the two largest auto companies. Rick Waggoner was at the time CEO of GM while Bill Ford, a family scion, headed Ford Motor Company.
In 2006, a few GM board members were having doubts as to whether Waggoner was the right man to lead GM's turnaround amid mounting debt, declining d market share, and a natural tendency to avoid clashing with the UAW. There was a movement afoot to replace him which he was able to dodge. There questionable accounting practices which he was able to survive. Then, there was the potential alliance with Nissan/Renault which Waggoner had evaluated by his own management team, versus an outside financial consultant. His management team was able to convince the GM board from pursuing the alliance. In so doing, Waggoner saved his job which was the whole purpose of conducting an in-house evaluation.
In 2006, Bill Ford had come to the stark realization that he was not the man to lead Ford. He was at the top because he was a Ford. Displaying unusual personal courage, humility, and self-awareness, he decided to step aside to find another CEO. He pursued Boeing's Alan Mulally as his replacement as CEO. Mulally, who had helped turnaround Boeing's problems, insisted that Ford serve as Chairman before accepting the job.
In 2008, GM along with Chrysler went to Washington DC to ask Congress to bail them out. Ford had taken its medicine under Mulally and had begun to turnaround thereby eschewing any federal assistance. In 2009, Waggoner was forced out at GM.
In 2006, a few GM board members were having doubts as to whether Waggoner was the right man to lead GM's turnaround amid mounting debt, declining d market share, and a natural tendency to avoid clashing with the UAW. There was a movement afoot to replace him which he was able to dodge. There questionable accounting practices which he was able to survive. Then, there was the potential alliance with Nissan/Renault which Waggoner had evaluated by his own management team, versus an outside financial consultant. His management team was able to convince the GM board from pursuing the alliance. In so doing, Waggoner saved his job which was the whole purpose of conducting an in-house evaluation.
In 2006, Bill Ford had come to the stark realization that he was not the man to lead Ford. He was at the top because he was a Ford. Displaying unusual personal courage, humility, and self-awareness, he decided to step aside to find another CEO. He pursued Boeing's Alan Mulally as his replacement as CEO. Mulally, who had helped turnaround Boeing's problems, insisted that Ford serve as Chairman before accepting the job.
In 2008, GM along with Chrysler went to Washington DC to ask Congress to bail them out. Ford had taken its medicine under Mulally and had begun to turnaround thereby eschewing any federal assistance. In 2009, Waggoner was forced out at GM.
First exposure to unions
My brother and I used to deliver the Richmond Times-Dispatch in the 70's. We used to pick up our papers at a local grocery store. One morning, we came across a pay stub of an employee who was union worker at Allied Chemical. What struck us was the union dues withheld from this employee's paycheck. I do not recall the exact amount but it stood out as being significant. My brother tried to explain to me the benefits of union membership. All I could remember was the union dues. It just did not seem fair.
I will admit that I believe unions have improved what was once awful and even horrific working conditions in this country. They have improved the standard of living for most Americans. They have championed benefits that flowed into other industries. However, their legitimate mistrust of management and desire to get the best for their rank and file caused them to overreach. This overreach coupled with management's extravagance, hubris, mistakes, and missed opportunities brought the auto industry to its knees in 2008.
In "Crash Course", the author chronicles the life of a UAW member who worked over 30 years at Chrysler. Despite its close calls with bankruptcy, this worker and his fellow union members believed that Chrysler would always bounce back from the brink and be around for them. Call it naivete or hubris, like those
who proclaimed the Titanic as "unsinkable", perhaps those at Chrysler and elsewhere have fallen into a flawed mindset: that "The Big 3" would always be around and the US government would never let them fail.
The free market, a truly free market, is like Darwinism. Though insensitive to human suffering, it can weed out the weak and inefficient businesses, even our auto industry. They have had their chances to change their ways only to revert back to behavior which continues to bedevil them. Perhaps allowing GM to fail in 2008 would have been just the wake-up call they needed. Sadly and owing to their dismal track records, I do not believe that the UAW and auto industry management will change.
I will admit that I believe unions have improved what was once awful and even horrific working conditions in this country. They have improved the standard of living for most Americans. They have championed benefits that flowed into other industries. However, their legitimate mistrust of management and desire to get the best for their rank and file caused them to overreach. This overreach coupled with management's extravagance, hubris, mistakes, and missed opportunities brought the auto industry to its knees in 2008.
In "Crash Course", the author chronicles the life of a UAW member who worked over 30 years at Chrysler. Despite its close calls with bankruptcy, this worker and his fellow union members believed that Chrysler would always bounce back from the brink and be around for them. Call it naivete or hubris, like those
who proclaimed the Titanic as "unsinkable", perhaps those at Chrysler and elsewhere have fallen into a flawed mindset: that "The Big 3" would always be around and the US government would never let them fail.
The free market, a truly free market, is like Darwinism. Though insensitive to human suffering, it can weed out the weak and inefficient businesses, even our auto industry. They have had their chances to change their ways only to revert back to behavior which continues to bedevil them. Perhaps allowing GM to fail in 2008 would have been just the wake-up call they needed. Sadly and owing to their dismal track records, I do not believe that the UAW and auto industry management will change.
Too big to fail?
This expression was popularized in the business presses beginning in 2008 when the world economy was spiraling downward. Bear Stearns was not allowed to fail. Lehman Brothers was allowed to fail. The government intervened and bailed out AIG, GM, and Chrysler.
As I continue to study "Crash Course", I find myself amazed as to the mismanagement, the greed, the union tactics, and how both the unions and management essentially killed the golden goose. Recoginzing that there were national defense implications coupled with a potential domino effect throughout the auto industry, I am beginning to wonder whether we should have allowed both automakers to fail. I temper this feeling with the concern as to the impact on the states of Michigan, Ohio, and others, and its citizens had GM and Chrysler been allowed to go under. Perhaps there is a moral hazard associated with company behavior if they know that the federal government will step in and catch them from falling despite imprudent business decisions.
More later as I continue with "Crash Course".
As I continue to study "Crash Course", I find myself amazed as to the mismanagement, the greed, the union tactics, and how both the unions and management essentially killed the golden goose. Recoginzing that there were national defense implications coupled with a potential domino effect throughout the auto industry, I am beginning to wonder whether we should have allowed both automakers to fail. I temper this feeling with the concern as to the impact on the states of Michigan, Ohio, and others, and its citizens had GM and Chrysler been allowed to go under. Perhaps there is a moral hazard associated with company behavior if they know that the federal government will step in and catch them from falling despite imprudent business decisions.
More later as I continue with "Crash Course".
November Elections
Typically, I vote Republican except when I voted for Chuck Robb over Marshall Coleman in the early 80's.
I was a true Reaganite and was proud to have him as our President. Though I disliked President Clinton, he was a consummate politician and had put the country on the road to fiscal discipline. He squandered his 2nd term.
In the 80's, the Democrats' alternative to "Reaganomics" was its failure. In the 90's, the Republicans' response to Clinton initiatives was to stop or stall their passage. But, there was the "Contract with America". Today, the current Republican leadership does not seem to have a plan other than to regain control of Congress. That could foster in yet another period of gridlock.
So, as we approach an important mid-term election, the uncertainty that it is creating and the potential gridlock the results could engender has certainly fostered an atmosphere of drift, uncertainty, and even fear. Our nation is years away from recovering from the "Great Recession", yet our politicians are focused exclusively on either holding the majority in Congress or regaining the majority.
I fear that regardless of what happens, we'll see more polarization and politics as usual to the detriment of our citizens and a growing economy. There are, however, a glimmers of hope in the horizon. There seems to be an emergence of younger Republican governors and leaders who understand the importance of fiscal responsibility and are acting accordingly. Let's hope they and others answer the clarion call to get our country back on the right fiscal road lest we see a complete collapse in our economy due to unsustainable debt.
I was a true Reaganite and was proud to have him as our President. Though I disliked President Clinton, he was a consummate politician and had put the country on the road to fiscal discipline. He squandered his 2nd term.
In the 80's, the Democrats' alternative to "Reaganomics" was its failure. In the 90's, the Republicans' response to Clinton initiatives was to stop or stall their passage. But, there was the "Contract with America". Today, the current Republican leadership does not seem to have a plan other than to regain control of Congress. That could foster in yet another period of gridlock.
So, as we approach an important mid-term election, the uncertainty that it is creating and the potential gridlock the results could engender has certainly fostered an atmosphere of drift, uncertainty, and even fear. Our nation is years away from recovering from the "Great Recession", yet our politicians are focused exclusively on either holding the majority in Congress or regaining the majority.
I fear that regardless of what happens, we'll see more polarization and politics as usual to the detriment of our citizens and a growing economy. There are, however, a glimmers of hope in the horizon. There seems to be an emergence of younger Republican governors and leaders who understand the importance of fiscal responsibility and are acting accordingly. Let's hope they and others answer the clarion call to get our country back on the right fiscal road lest we see a complete collapse in our economy due to unsustainable debt.
"Crash Course" by Paul Ingrassia
Just started this very interesting book on the American auto industry, its beginnings, its ascent, and its recent collapse. So far, this former Wall Street Journal writer is providing an objective view of why the industry has fallen on hard times. Like most failures of this magnitude, both management and the union contributed mightily to the collapse. There certainly was here "hubris borne of success" as Professor Jim Collins wrote in "Why the Mighty Fall".
Instead of watching the competition, demographics, and consumer preferences, Mr. Ingrassia writes that management and unions spent their time trying to outsmart each other.
For example, GM used to have separate restrooms for blue collar and white collar workers; the latter having more amenities. The UAW, on the other hand, negotiated job banks whereby seasonally laid off workers earned 95% of their regular compensation for doing nothing. From that came, "inverse layoffs" whereby more senior UAW workers took the seasonal layoffs so that more junior worker had to work rather than drawing 95% for doing nothing.
I will admit my anti-union animus. Often times they have overreached. They have perpetuated mediocrity and slothfulness. Seniority has its place but it should not supplant worker performance, innovation, and productivity. However, management certainly made its share of mistakes.
I often wonder if our auto industry is just the microcosm; that maybe America, overall, has fallen into this same "hubris borne of success" syndrome.
Jefferson and Hemmings
"Twilight at Monticello"'s author spends a few chapters discussing this aspect of Jefferson's life. The allegations of Jefferson's fathering her children were around in his day. Even one of Jefferson's detractors wrote a poem referencing the alleged children.
Nevertheless, this does not detract from Jefferson's brilliance nor his contributions to our country. Rather, it shows that our Founding Fathers, though brilliant and sagacious, were like the rest of us: human and susceptible to flawed behavior.
Nevertheless, this does not detract from Jefferson's brilliance nor his contributions to our country. Rather, it shows that our Founding Fathers, though brilliant and sagacious, were like the rest of us: human and susceptible to flawed behavior.
Fact Versus Myth
Our American history is full of myths. Somehow these myths become so engrained in our society that they often take precedence over the truth. Earlier in life, one of my grade school teachers taught me that Thomas Jefferson donated his personal library to Congress so that it could begin rebuilding its library after the British torched much of the US capital in the War of 1812. I never questioned this and believed this for years.
Recently, in listening to "Twilight at Monticello" I learned that Jefferson sold rather than donating his books to what now is known as the Library of Congress. He sold just over 6,000 books to the government for approximately $24,000. Why? He needed the money for our 3rd U.S. President was a spendthrift and had amassed a hugh personal debt that he continued piling up even after this sizable cash infusion. Despite his stature in Virginia history, prominence as a founding father, approver of the Louisiana Purchase, and author of the Declaration of Independence, he was very unpopular in his 2nd term as President.
In life, like history, myths perpetuate and become accepted as the truth. Sadly, when confronted with the truth, many will cling to the myth despite ovewhelming evidence to the contrary. Lesson to self: don't believe everything we read, we hear, and are taught. Think critically for oneself and seek the truth.
Recently, in listening to "Twilight at Monticello" I learned that Jefferson sold rather than donating his books to what now is known as the Library of Congress. He sold just over 6,000 books to the government for approximately $24,000. Why? He needed the money for our 3rd U.S. President was a spendthrift and had amassed a hugh personal debt that he continued piling up even after this sizable cash infusion. Despite his stature in Virginia history, prominence as a founding father, approver of the Louisiana Purchase, and author of the Declaration of Independence, he was very unpopular in his 2nd term as President.
In life, like history, myths perpetuate and become accepted as the truth. Sadly, when confronted with the truth, many will cling to the myth despite ovewhelming evidence to the contrary. Lesson to self: don't believe everything we read, we hear, and are taught. Think critically for oneself and seek the truth.
The old days
Today we were reminiscing about growing up with services that today seem odd: the home delivery of Charles Chips, milk, and I am sure there are a few others.
I remember the ice cream truck driving through the neighborhood in the evening of a hot summer night and we kids rushing to beg money from our parents before the truck drove out.
Seems like a much simpler time in our lives.
Sent from my iPod
The continuing use of "gate"
Watergate was a gut-wrenching experience for our country. The event, the folks involved, and the aftermath has been well chronicled over the years. Since Watergate, however, our media cannot seem to avoid attaching the word "gate" to anything that resembles a scandal, cover-up, etc. We had Iran-Contragate in the 80's during the Reagan administration. We had "Whitewater-gate" and "Monica-gate" in the 90's involving President Clinton. Recently, we had Apple's Iphone4-gate which does not even rise to the level of anything historically having "gate" attached to it. Apple CEO Steve Jobs chided the media for blowing this out of proportion.
I beseech our press to come up something a little more original than attaching "gate" the next inevitable scandal.
I beseech our press to come up something a little more original than attaching "gate" the next inevitable scandal.
Erosion of middle ground...
Somewhere along the way, the moderate politician has disappeared. Like most things, this has happened gradually, not overnight. Civility among political leaders is gone, too.
Too often today, issues are parsed between "the right" and "left". Both sides stake out positions and dig in believing their side is right. In reality, though, the 3rd option or middle ground which encompasses the best of both sides is likely best in most instances.
As an example, our constitution is an embodiment of compromise such as the two houses of Congress which addressed the views of those who believed that representation should be based upon population while others believed that it should have been based upon equal representation. Hence, we have the House and the Senate with its history of unintended consequences.
So, we sway from the left or the right during key elections as opposed to finding that middle ground that is so fertile with the best of both worlds. My fear is that our political leaders today are more concerned about gaining power to further their agenda as opposed to what is needed and what is best for our country and its citizens.
Too often today, issues are parsed between "the right" and "left". Both sides stake out positions and dig in believing their side is right. In reality, though, the 3rd option or middle ground which encompasses the best of both sides is likely best in most instances.
As an example, our constitution is an embodiment of compromise such as the two houses of Congress which addressed the views of those who believed that representation should be based upon population while others believed that it should have been based upon equal representation. Hence, we have the House and the Senate with its history of unintended consequences.
So, we sway from the left or the right during key elections as opposed to finding that middle ground that is so fertile with the best of both worlds. My fear is that our political leaders today are more concerned about gaining power to further their agenda as opposed to what is needed and what is best for our country and its citizens.
The fast pace of decline
Prior to 2007, having a GPS in one's car was considered a must have for those travel often or as part of their jobs. Garmin was a major and successful GPS manufacturer. It's time had arrived on the business scene. Then with the launch of the iPhone, demand for GPS has declined and been displaced by Google maps and other map services available on Apple's highly anticipated product. Garmin's time in the business limelight has been displaced with its volume will continue to erode as smartphones continue to increase in functionality.
Then, there was Amazon's e-reader called Kindle. Its features and functionality were a reader's delight. It was a hot product despite retailing for close to or over $300. Now, Apple's iPad threatens to displace the Kindle, Barnes & Noble's Nook, and other e-readers.
The fast pace of technological change not only impacts us as consumers but businesses, too, as the landscape is shifting like quick sand. A company's tenure on top of their industry's hill will continue to be short-lived if they rest on past accomplishments and ignore the external environment.
Then, there was Amazon's e-reader called Kindle. Its features and functionality were a reader's delight. It was a hot product despite retailing for close to or over $300. Now, Apple's iPad threatens to displace the Kindle, Barnes & Noble's Nook, and other e-readers.
The fast pace of technological change not only impacts us as consumers but businesses, too, as the landscape is shifting like quick sand. A company's tenure on top of their industry's hill will continue to be short-lived if they rest on past accomplishments and ignore the external environment.
"Maybe I'll Pitch Forever...." by Satchell Paige
Caught some of this tonight. Just like the first time I viewed it back in 1993, the series, narrated by the late John Chancellor, just pulls you in. Tonight was the "5th Inning: Shadow Ball". Great to see the video clips of Satchell Paige and Josh Gibson "the Black Babe Ruth" as he was called.
Once read Paige's biography "Maybe I'll Pitch Forever". According to his estimates, Paige pitched in over 2,500 games and won 2,000, pitched "hundreds" of no-hitters. I suspect a bit of embellishment there. His friend, Buck O'Neill, often stated that Satchell threw of 100 mph despite not having radar guns in those days. Nevertheless, he was great for the Negro Leagues.
The final line of this biography read: "Maybe I'll pitcher forever. Some folks say I already have." Satchell was a lot of things, including very deep and philosophical.
I have often thought about one day researching and writing a book on these great playeers of the Negro Leagues and entitle it something like "Destiny Denied" or "Playing in Shadows". Might make for an interesting read. Would certainly be fun to research.
Once read Paige's biography "Maybe I'll Pitch Forever". According to his estimates, Paige pitched in over 2,500 games and won 2,000, pitched "hundreds" of no-hitters. I suspect a bit of embellishment there. His friend, Buck O'Neill, often stated that Satchell threw of 100 mph despite not having radar guns in those days. Nevertheless, he was great for the Negro Leagues.
The final line of this biography read: "Maybe I'll pitcher forever. Some folks say I already have." Satchell was a lot of things, including very deep and philosophical.
I have often thought about one day researching and writing a book on these great playeers of the Negro Leagues and entitle it something like "Destiny Denied" or "Playing in Shadows". Might make for an interesting read. Would certainly be fun to research.
Customer Service...if there ever was a time for it
At one time, Ukrops was well regarded as the gold standard in customer service in the Richmond area. In time, that level of service declined. Some would say that as our prosperity increased, customer service, along with many other things, fell by the wayside.
Recently, however, some of my work colleagues and me have noted about improved customer service at places like Lowes, Food Lion, and Taco. Food Lion and Taco, long the bastions of customer indifference, now being more helpful and friendly -- are you kidding?
Perhaps it is the economy or perhaps the leaders of these companies see such customer attention as the potential differentiator between them and the competition. Regardless, I do enjoy the friendlier and more helpful treatment.
With the continued trend toward using impersonal communication media such as e-mail, instant messaging, blogs, text messaging, etc., I still believe there is much value in the personal touch, the face-to-face interaction, the exchange of handshakes and smiles.
I am not sure whether this personal touch will even be important to the generation raised on this impersonal media. I do believe that the personal touch is the potential differentiator now and it puzzles me why many in our business and retail world today just seem to ignore this opportunity.
Recently, however, some of my work colleagues and me have noted about improved customer service at places like Lowes, Food Lion, and Taco. Food Lion and Taco, long the bastions of customer indifference, now being more helpful and friendly -- are you kidding?
Perhaps it is the economy or perhaps the leaders of these companies see such customer attention as the potential differentiator between them and the competition. Regardless, I do enjoy the friendlier and more helpful treatment.
With the continued trend toward using impersonal communication media such as e-mail, instant messaging, blogs, text messaging, etc., I still believe there is much value in the personal touch, the face-to-face interaction, the exchange of handshakes and smiles.
I am not sure whether this personal touch will even be important to the generation raised on this impersonal media. I do believe that the personal touch is the potential differentiator now and it puzzles me why many in our business and retail world today just seem to ignore this opportunity.
The basic human need to be helpful...
We humans have this innate need to help one another. We are wired that way. When we hear of adversity or tragedy that has impacted another, our immediate reaction and desire is to help in some way. This particularly becomes evident when friends and colleague deliver meals to those who are ill or have lost a family member. At times like this, we just feel so helpless and overwhelmed with the need to do something.
The other day, I heard of a longtime friend's job loss. My heart immediately went out to him and I began thinking of people I knew who could use someone with his background, skills, and work experience.
Recently, I was purchasing gas at Parrish Grocery Store in Goochland. I aspied a woman and man talking at the front entrance. The woman was asking for directions to a place with which I was familiar in the Goochland Courthouse area. The man sensed that the woman was not very unsure of herself. Thus, he went into great details as to landmarks and repeated the directions numerous times. Finally, the woman appeared to have understood, thanked the man, and left. Upon leaving the store, I saw man walking back to his truck with a happy gait and whistling.
Not only do we have this need to help people, it makes us feel good about doing so.
The other day, I heard of a longtime friend's job loss. My heart immediately went out to him and I began thinking of people I knew who could use someone with his background, skills, and work experience.
Recently, I was purchasing gas at Parrish Grocery Store in Goochland. I aspied a woman and man talking at the front entrance. The woman was asking for directions to a place with which I was familiar in the Goochland Courthouse area. The man sensed that the woman was not very unsure of herself. Thus, he went into great details as to landmarks and repeated the directions numerous times. Finally, the woman appeared to have understood, thanked the man, and left. Upon leaving the store, I saw man walking back to his truck with a happy gait and whistling.
Not only do we have this need to help people, it makes us feel good about doing so.
Empathy is not tantamount to approval
I often receive feedback from others, particularly supervisors, who empathize with my tendencies and shortcomings. They further stress their empathy by conveying that they, too, struggle with the same issues.
What they are saying is that they understand. In turn, what I hear is that are saying that my behaviors okay. In realty, they understand but do not approve or condone.
Thus, empathy does not constitute approval.
What they are saying is that they understand. In turn, what I hear is that are saying that my behaviors okay. In realty, they understand but do not approve or condone.
Thus, empathy does not constitute approval.
Almost Perfect....last thoughts
Without the help of Google, I can name only 3 pitchers who have thrown perfect games in baseball history: Don Larsen; Jim "Catfish" Hunter; and, Kenny Rogers (not 100% sure on the last one). I would be hard pressed to name the others. I would be merely guessing.
However, in my humble opinion, I will always remember Galaraga's as a gracious young man who acted with such class when robbed of something he had earned fairly.
He may not have been credited with the perfect game he threw, but I will always remember his countenance when seeing the awful call made at first base. Constrast that quickly to George Brett's angry burst and spring from the dugout when his HR was erased due to excessive pine tar on his bat.
Mr. Galaraga: you acted in a way and manner that is so lost in today's society. I greatly respect your "grace under pressure". I wish you continued success and a great baseball career. I hope that the 'Sox fan greet him warmly when he pitches in Fenway. Just don't pitch a perfect game against our beloved 'Sox!
However, in my humble opinion, I will always remember Galaraga's as a gracious young man who acted with such class when robbed of something he had earned fairly.
He may not have been credited with the perfect game he threw, but I will always remember his countenance when seeing the awful call made at first base. Constrast that quickly to George Brett's angry burst and spring from the dugout when his HR was erased due to excessive pine tar on his bat.
Mr. Galaraga: you acted in a way and manner that is so lost in today's society. I greatly respect your "grace under pressure". I wish you continued success and a great baseball career. I hope that the 'Sox fan greet him warmly when he pitches in Fenway. Just don't pitch a perfect game against our beloved 'Sox!
The traditional Memorial Day cookout
As I was riding through our subdivision and adjoining neighborhoods last night, it was nice see many folks outside and having cookouts. The cookout is a nice tradition of family and friends getting together to mark the beginning of the summer season.
Growing up, my father liked to cookout often. In the summer time, he would fire up the family grill on many weekends. In those days, I recall using a family Hibachi or small grill, not the mega gas grills that have become popular over the years. For some reason, I recall the food tasting better when cooked over Kingsford charcoal briquettes. Having tried the Kingsford a few times since, I cannot seem to replicate that same flavor I recall from childhood days.
Hard to believe that tomorrow will be June 1st and we are rapidly approaching the halfway point in 2010.
Growing up, my father liked to cookout often. In the summer time, he would fire up the family grill on many weekends. In those days, I recall using a family Hibachi or small grill, not the mega gas grills that have become popular over the years. For some reason, I recall the food tasting better when cooked over Kingsford charcoal briquettes. Having tried the Kingsford a few times since, I cannot seem to replicate that same flavor I recall from childhood days.
Hard to believe that tomorrow will be June 1st and we are rapidly approaching the halfway point in 2010.
Memories from Memorial Days Past - the Parade
In Hopewell, the local Veterans of Foreign Wars (VFW) sponsored, planned, and coordinated the annual Memorial Day Parade. As a kid, parades were exciting and fun to watch: dignitaries; floats; and, marching bands.
For a few years, my father served on the parade's planning committee. I vaguely remember the committee meeting in our home as they went down the list of bands that were either in or out. The Ft. Lee marching band was usually available as was the Hopewell High School band and some from local high shools.
A few times, I went down to the City Point area where the bands and floats gathered and organized into a queue. I do not recall how they did it, I just remember how chaotic things seemed at times. It was a good kind of chaos and it was exciting to see the bands and floats get into position.
The parade was typically led by a Hopewell police vehicle. Then, came the mayor and other dignitaries. Aftewards, the bands and other organizations followed. I do not recall any specific celebrities or grand masters in rode in the parade. They may have been there and I did not notice them.
I do not know whether Hopewell still has the parade or, if it does, who sponsors it. It was a nice tradition. Forty some years later, I can still hear the brass instruments and pounding drums.
For a few years, my father served on the parade's planning committee. I vaguely remember the committee meeting in our home as they went down the list of bands that were either in or out. The Ft. Lee marching band was usually available as was the Hopewell High School band and some from local high shools.
A few times, I went down to the City Point area where the bands and floats gathered and organized into a queue. I do not recall how they did it, I just remember how chaotic things seemed at times. It was a good kind of chaos and it was exciting to see the bands and floats get into position.
The parade was typically led by a Hopewell police vehicle. Then, came the mayor and other dignitaries. Aftewards, the bands and other organizations followed. I do not recall any specific celebrities or grand masters in rode in the parade. They may have been there and I did not notice them.
I do not know whether Hopewell still has the parade or, if it does, who sponsors it. It was a nice tradition. Forty some years later, I can still hear the brass instruments and pounding drums.
Memories from Memorials Days Past - Events
To me growing up, Hopewell was a sleepy little town. As a pre-teen, there wasn't much to do in Hopewell beyond going to school, playing sandlot football, softball, and basketball after school. My brother and I used to deliver the Hopewell News before graduating to the big time Richmond Times-Dispatch (RTD). By the way, in the early 70's, the Hopewell News was $0.35 per week and RTD was $1.50 every two weeks.
I always looked forward to Memorial Day. It was the holiday that told us that summer vacation was right around corner.
I recall once or twice going to Hopewell's City Point National Cemetary earlier in the morning to see individuals (Boy Scouts I think) placing American flags at the base of perfectly-aligned white crosses or Stars of David. That scene was so peaceful and reverent.
The Memorial Day parade used to conclude at the cemetary. After which, a speaker, typically an officer from Fort Lee, would make a few appropriate remarks to commemorate the occassion. I recall one year in which Virginia POW Paul E. Galanti's (click here for more) son spoke at the ceremony I recall him to be a teenager, perhaps between 16-18. At the time, his father, who was held prisoner by North Viet Nam for approximately 7 years, was still a POW. He spoke with confidence and I recall his words about not forgetting our American POW's that Memorial Day; that his story was not "just another sad story" but one being experienced by many throughout the country.
Tomorrow: Hopewell's Memorial Day Parade.
I always looked forward to Memorial Day. It was the holiday that told us that summer vacation was right around corner.
I recall once or twice going to Hopewell's City Point National Cemetary earlier in the morning to see individuals (Boy Scouts I think) placing American flags at the base of perfectly-aligned white crosses or Stars of David. That scene was so peaceful and reverent.
The Memorial Day parade used to conclude at the cemetary. After which, a speaker, typically an officer from Fort Lee, would make a few appropriate remarks to commemorate the occassion. I recall one year in which Virginia POW Paul E. Galanti's (click here for more) son spoke at the ceremony I recall him to be a teenager, perhaps between 16-18. At the time, his father, who was held prisoner by North Viet Nam for approximately 7 years, was still a POW. He spoke with confidence and I recall his words about not forgetting our American POW's that Memorial Day; that his story was not "just another sad story" but one being experienced by many throughout the country.
Tomorrow: Hopewell's Memorial Day Parade.
Maybe it's just me....
but it seems that Hollywood continues to produce more movies and TV shows with demonic undertones and with images from the "dark side". The movie trailers I see on TV cause to shake my head in disbelief. Though we do not watch much TV, it seems that shows with vampire themes are popping up even more.
When I go to Apple's iTunes Store, I encounter the same thing.
Like many major shifts in our society, I suspect that this trend has been gradual over two generations. Perhaps I am just more sensitive to and notice it more.
When I go to Apple's iTunes Store, I encounter the same thing.
Like many major shifts in our society, I suspect that this trend has been gradual over two generations. Perhaps I am just more sensitive to and notice it more.
Buck O'Neill Story - Part 2
Buck was a player manager toward the end of his playing days. Thus, he was very interactive with his players during a game. During one of those games, Buck's team was down 2-1 very late in the game. His leadoff man singled to left. He took his lead and immediately got picked off by the opposing pitcher. One out. The dejected base runner hung his head and walked back to the dugout only to be greeted by Buck and his tirade for being thrown out thereby taking away "small ball" options. Though hurt, his leadoff man protested by saying the pitcher had a good pickoff move, best he had ever seen. Buck would hear none of it and relegated the guy to the bench for the rest of the game.
The batter at the plate singled, further infuriating Buck as his leadoff man, who got picked off, would have been in scoring position had he not been so careless.
Buck grabbed his bat and despite and still seething from his leadoff man's baserunning gaffe lined a single to center. Runners at 1st and 2nd, one out. Buck took his lead from first base. In an instant, the opposing pitcher wheeled and picked Buck off of first base. Now, there were two outs.
Shaking off the dirt from his uniform, Buck walked slowly back to the dugout only to see his leadoff man sitting at the left side of the dogout and looking straight ahead. Feeling ashamed, Buck headed toward the right side of the dugout. Buck sat and watched as the next batter drew a walk. Now, there were runners on 1st and 2nd, two out. Were it not for 2 baserunners having been picked off, Buck's team would have at least scored one run and tied the game.
While Buck was bemoaning to himself the lost opportunity, the leadoff man, who minutes earlier was feeling like a goat, walked down toward Buck's end of the dugout. Without looking at Buck and staring straight out onto the field, he calmly stated "so, Buck, that pitcher has some pickoff move, doesn't he?"
The humbled and chastened Buck could only smile, shake his head, and laugh in saying "yep, he's got quite a pickoff move, best I've ever seen".
Of course, it is better see and hear Buck O'Neill tell the story in his own voice. Quite a storyteller.
The batter at the plate singled, further infuriating Buck as his leadoff man, who got picked off, would have been in scoring position had he not been so careless.
Buck grabbed his bat and despite and still seething from his leadoff man's baserunning gaffe lined a single to center. Runners at 1st and 2nd, one out. Buck took his lead from first base. In an instant, the opposing pitcher wheeled and picked Buck off of first base. Now, there were two outs.
Shaking off the dirt from his uniform, Buck walked slowly back to the dugout only to see his leadoff man sitting at the left side of the dogout and looking straight ahead. Feeling ashamed, Buck headed toward the right side of the dugout. Buck sat and watched as the next batter drew a walk. Now, there were runners on 1st and 2nd, two out. Were it not for 2 baserunners having been picked off, Buck's team would have at least scored one run and tied the game.
While Buck was bemoaning to himself the lost opportunity, the leadoff man, who minutes earlier was feeling like a goat, walked down toward Buck's end of the dugout. Without looking at Buck and staring straight out onto the field, he calmly stated "so, Buck, that pitcher has some pickoff move, doesn't he?"
The humbled and chastened Buck could only smile, shake his head, and laugh in saying "yep, he's got quite a pickoff move, best I've ever seen".
Of course, it is better see and hear Buck O'Neill tell the story in his own voice. Quite a storyteller.
Buck O'Neill Story - Part 1
Buck O'Neill, featured in Ken Burns' "Baseball" series was a great story teller. Plus, he was class act. One of his favorite stories involved the great Satchell Paige and Josh Gibson. O'Neill played 3B on Satchell's team in the Negro League's equivalent of the World Series. That day, Satchell was mowing down the opposing team with K after K. Their team was leading 1-0 going into the bottom of the 9th inning. Satchell had retired the first two batters. The 3rd batter tagged one into the gap and legged out a triple.
Before going into his stretch, Satch called Buck over and said "Buck, do you know what I'm gonna do?" To which Buck replied "Well, Satch, I'm thinking that you're gonna strike this last guy out and we'll head into the clubhouse for beer and cold cuts". Satch said "Nope, I'm gonna walk the next 2 batters". An incredulous Buck responded "Why, Satch, why do you wanna go and do that?"
Satch rubbed his chin and with mischevious look said "everyone says that Josh Gibson is the best hitter in baseball. We all know I'm the best pitcher. Let me load 'em up to get to Gibson and let's see what happens". Buck shook his head knowing that there was no talking Satch out of this crazy idea, went back to 3rd base, and watched as Satch walked the next 2 hitters intentionally to face Josh Gibson.
According to Buck, Satch struck Gibson out on 3 straight fastballs, 90, 95, and 100 mph respectively. They all ran out to Satch, shook hands, and headed into the club house. Incidentally, Buck did not mention that radar guns were not in existence in those days. A great story nontheless though a bit embellished I suspect.
Before going into his stretch, Satch called Buck over and said "Buck, do you know what I'm gonna do?" To which Buck replied "Well, Satch, I'm thinking that you're gonna strike this last guy out and we'll head into the clubhouse for beer and cold cuts". Satch said "Nope, I'm gonna walk the next 2 batters". An incredulous Buck responded "Why, Satch, why do you wanna go and do that?"
Satch rubbed his chin and with mischevious look said "everyone says that Josh Gibson is the best hitter in baseball. We all know I'm the best pitcher. Let me load 'em up to get to Gibson and let's see what happens". Buck shook his head knowing that there was no talking Satch out of this crazy idea, went back to 3rd base, and watched as Satch walked the next 2 hitters intentionally to face Josh Gibson.
According to Buck, Satch struck Gibson out on 3 straight fastballs, 90, 95, and 100 mph respectively. They all ran out to Satch, shook hands, and headed into the club house. Incidentally, Buck did not mention that radar guns were not in existence in those days. A great story nontheless though a bit embellished I suspect.
Richmond Flying Squirrels
The name may not grab you. The stadium is pretty much the same. However, the Flying Squirrels' games are fan-friendly and about entertainment. They have between-inning contests involving children. They have lots of giveaways.
The players seem to hustle more and play harder. For my first Double-A level game, I was most impressed. Hope to make it out to the Diamond again this year.
The players seem to hustle more and play harder. For my first Double-A level game, I was most impressed. Hope to make it out to the Diamond again this year.
Boston Sportswriters
They wrote scathing comments about the great Ted Williams, so much so that he chose not to speak to them at one point in his career. They called Carl Yastremski "old" at age 29 the year he after he won baseball's Triple Crown in '67 (which has not been done since). Incidentally, "Yaz" won the AL batting title in '68 despite being "old". Most recently, the Boston press has pilloried David Ortiz ("Big Papi") despite his coming through with some of the most clutch hits in Red Sox history. Now, Big Papi is resurging at the plate but has chosen to avoid the press. Can't say that I blame him, or Yaz, or Ted Williams.
It must be difficult for athletes to be in the limelight one season only to be in the doghouse the next. One ex-Red Sox player once bemoaned how the Boston writers could be so critical, yet many of them have never played the game. Though some get paid tons of money, we must remember that they are human, too, read the criticsm as well, and may not have the thick skin one might expect.
So, I say to you, Big Papi, I admire your mental toughness and where are your critics now?
It must be difficult for athletes to be in the limelight one season only to be in the doghouse the next. One ex-Red Sox player once bemoaned how the Boston writers could be so critical, yet many of them have never played the game. Though some get paid tons of money, we must remember that they are human, too, read the criticsm as well, and may not have the thick skin one might expect.
So, I say to you, Big Papi, I admire your mental toughness and where are your critics now?
Replace "but" with "and"
Several of my colleagues and I have either read, listened to, or are listening to Daniel H. Pink's "A Whole New Mind". Though I cannot recall the specific chapter, I remember his lesson: replace "but" with "and" , This enables one to develop a different mindset toward problems. Here are some examples:
1. I really like to read BUT I do not have time and too tired to do so in the evening WITH
I really like to read AND I have a 45-minute commute to work & from work each day AND I can use that time to listen to audio books
2. I really would like to spend more time with my family BUT I travel for my job all the time WITH
I really would like to spend more time with my family AND I can bring them along when business requires me to be in one of our favorite vacation spots or places we have not been before
3. I really would like to cut back on snacks BUT folks at work bring in donuts, cakes, and pies all the time WITH
I really would like to cut back on snacks AND I need to bring in less fatty snacks and fruit to reduce my temptation to indulge in donuts, cakes, and pies.
In short, Mr. Pink prescribes "but out"!
1. I really like to read BUT I do not have time and too tired to do so in the evening WITH
I really like to read AND I have a 45-minute commute to work & from work each day AND I can use that time to listen to audio books
2. I really would like to spend more time with my family BUT I travel for my job all the time WITH
I really would like to spend more time with my family AND I can bring them along when business requires me to be in one of our favorite vacation spots or places we have not been before
3. I really would like to cut back on snacks BUT folks at work bring in donuts, cakes, and pies all the time WITH
I really would like to cut back on snacks AND I need to bring in less fatty snacks and fruit to reduce my temptation to indulge in donuts, cakes, and pies.
In short, Mr. Pink prescribes "but out"!
This upside down world in which we live....
From yesterday's tech news....click on the link, above, for the full story.
Woman sues cellular provider for exposing affair
A woman is suing her cell provider for $600,000. The provider consolidated her bill with her husband's account without her consent. Her husband discovered that she was having an affair after reviewing her calls. Her marriage ended shortly thereafter. Your cell phone data reveals a lot about you.
I do understand privacy issues. However, if you read the detailed story, no remorse on the part of the woman filing suit.
Woman sues cellular provider for exposing affair
A woman is suing her cell provider for $600,000. The provider consolidated her bill with her husband's account without her consent. Her husband discovered that she was having an affair after reviewing her calls. Her marriage ended shortly thereafter. Your cell phone data reveals a lot about you.
I do understand privacy issues. However, if you read the detailed story, no remorse on the part of the woman filing suit.
The picture says it all...
For many years now, civility has been absent from our society and even in America's National Pastime. Pitchers pump their fists and yell out after striking out an opposing hitter. The hitters, in turn, stop and watch the ascent of their home runs into the stands. For years now, the hitter would charge the mound after being hit by a pitch. Yet, the baseball commissioners and their underlings do very little to address this classless behavior.
Baseball needs to take a page from its more violent counterpart sport of football. At the least the NFL has rules against and penalties for taunting.
By the way, Major League Baseball, think about the example you're setting for our youth.
Unapplied Knowledge
"Unapplied knowledge is no knowledge at all" -- Stephen R. Covey, author of "The 7 Habits of Highly Effective Individuals" and "The 8th Habit".
Do you possess knowledge about some application, process, or situation and do not use it?
This mismatch between possessing knowledge and applying it to useful pursuits, is often seen as a waste. Knowledge and accomplishments - combined properly, results in great achievements , both for individuals and organizations. This imbalance can result in missed opportunities, vacuums and, in some cases, disaster.
Knowledge is similar to other things in our lives, if we don't use it we lose it. It seems we must strike a balance between the acquisition of knowledge and putting into action that which we have learned.
This is why Dr. Covey often exhorts those who attend his seminars and read his books to share the knowledge learned with someone within 24 hours and begin applying that knowledge immediately to our lives.
Do you possess knowledge about some application, process, or situation and do not use it?
This mismatch between possessing knowledge and applying it to useful pursuits, is often seen as a waste. Knowledge and accomplishments - combined properly, results in great achievements , both for individuals and organizations. This imbalance can result in missed opportunities, vacuums and, in some cases, disaster.
Knowledge is similar to other things in our lives, if we don't use it we lose it. It seems we must strike a balance between the acquisition of knowledge and putting into action that which we have learned.
This is why Dr. Covey often exhorts those who attend his seminars and read his books to share the knowledge learned with someone within 24 hours and begin applying that knowledge immediately to our lives.
"Write It When I'm Gone" (on President Ford)
He was often referred to as the "Accidental President". His ambition was to become Speaker of the House. He was thrust into the Presidency in some of the darkest political days in our country's history as no other US President had ever resigned from office.
This book offers a very insightful look into this very decent man who served as President and helped to heal this country from the scorn and aftermath of Watergate.
Like any human, he was flawed and had his blind spots. He was deeply upset with Ronald Reagan's lukewarm support of him against Jimmy Carter; saddened by his ignominous loss to Carter; and, slighted by his party's dismissal of him as a candidate in his hoped-for rematch against Carter.
Definitely recommend this book to anyone interested in Presidential history.
This book offers a very insightful look into this very decent man who served as President and helped to heal this country from the scorn and aftermath of Watergate.
Like any human, he was flawed and had his blind spots. He was deeply upset with Ronald Reagan's lukewarm support of him against Jimmy Carter; saddened by his ignominous loss to Carter; and, slighted by his party's dismissal of him as a candidate in his hoped-for rematch against Carter.
Definitely recommend this book to anyone interested in Presidential history.
With all due respect....
We often hear people insert these words at the beginning of a sentence, just before they are ready to deliver a zinger. It begs the question, is the speaker really acknowledging respect or are these words uttered to soften the blow or just perfunctory? My question is this: shouldn't the words that follow "with all due respect" be conveyed with respect, too?
I suspect that this phrase, like so many time-honored phrases, are merely window dressing and not delivered with sincerity.
I suspect that this phrase, like so many time-honored phrases, are merely window dressing and not delivered with sincerity.
"The better angels of our nature."
This is a curious phrase. I have heard it used only a few times over the years. Some say that it is a take on having an angel on one shoulder, and a devil on the other.
It was inserted into President Lincoln's 1st Inaugural address to replace "guardian angel" as Lincoln did not want to assert, at that point, that either side clearly in the right.
"We are not enemies, but friends," spoke President Lincoln. "We must not be enemies. Though passion may have strained it must not break our bonds of affection. The mystic chords of memory, stretching from every battlefield and patriot grave to every living heart and hearthstone all over this broad land, will yet swell the chorus of the Union, when again touched, as surely they will be, by the better angels of our nature."
It was inserted into President Lincoln's 1st Inaugural address to replace "guardian angel" as Lincoln did not want to assert, at that point, that either side clearly in the right.
"We are not enemies, but friends," spoke President Lincoln. "We must not be enemies. Though passion may have strained it must not break our bonds of affection. The mystic chords of memory, stretching from every battlefield and patriot grave to every living heart and hearthstone all over this broad land, will yet swell the chorus of the Union, when again touched, as surely they will be, by the better angels of our nature."
Economists, Meteorologists, and Stockbrokers
Dr. Milton Friedman, author of "Free to Choose" and a Nobel prize winning economist, on stated on "Meet the Press" that, like the weatherman, economists are not popular, often discounted, yet people still want to hear a forecast from them. Forecasts, on the weather or the economy, help to us either plan or brace ourselves.
In the aftermath of the 2008 financial meltdown, many were looking to the experts to sort out what happened but more importantly seeking insight as to what the future held. Fortunately, the US and World enconomies averted a depression-like collapse. Nevertheless, I find myself monitoring the financial news more closely now than in years past and listening to the experts in the field.
About a year ago in the gym, where many stockbrokers go to work out, I would listen to the locker room chatter as to their market prognostications. One such broker often said little but sat back and listenened. After everyone left, I decided to ask for his thoughts. Borrowing from Dr. Friedman, I prefaced my question with "like the weatherman, people dismiss stockbroker forecasts on the market but what do you think?" He laughed and shared that he predicted that an 11,000 Dow was possible in about a year. Just as he got ready to walk out, he turned and "tomorrow will be sunny with a 50% chance of rain".
He was right on both counts.
In the aftermath of the 2008 financial meltdown, many were looking to the experts to sort out what happened but more importantly seeking insight as to what the future held. Fortunately, the US and World enconomies averted a depression-like collapse. Nevertheless, I find myself monitoring the financial news more closely now than in years past and listening to the experts in the field.
About a year ago in the gym, where many stockbrokers go to work out, I would listen to the locker room chatter as to their market prognostications. One such broker often said little but sat back and listenened. After everyone left, I decided to ask for his thoughts. Borrowing from Dr. Friedman, I prefaced my question with "like the weatherman, people dismiss stockbroker forecasts on the market but what do you think?" He laughed and shared that he predicted that an 11,000 Dow was possible in about a year. Just as he got ready to walk out, he turned and "tomorrow will be sunny with a 50% chance of rain".
He was right on both counts.
"Lincoln's Melancholy" by Joshua Wolf Shenk (click here for more)
As I conclude this audio book, I have learned much about this truly great president, who possessed a tremendous drive to grow, learn, and display an ability bounce back from setbacks.
He truly was wise and the right man, in the right place, and in the right time in our history. To borrow from his phrase, Lincoln more often than not sought to listen to the "better angels of our nature".
As to his wisdom and faith:
He truly was wise and the right man, in the right place, and in the right time in our history. To borrow from his phrase, Lincoln more often than not sought to listen to the "better angels of our nature".
As to his wisdom and faith:
When once asked “Is God on our side?” his reply was “It is better to hope that we are on HIS side.”
"America: The Story of Us": HIstory Channel
A colleague alerted me of this show which debuted last night on The History Channel. The first two hours were very well done and I found myself riveted to the TV. Even the show's sponsors' aired commercials with a historical theme.
Part 2 will air next Sunday at 9pm on the History Channel. Definitely recommend it!
Part 2 will air next Sunday at 9pm on the History Channel. Definitely recommend it!
Ever heard of this prominent Revolutionary War General?
I first came across this historical character in listening to David McCullough's "1776".
He taught himself law and mathematics. He was able and, like other prominent generals on the Patriotic side, a self-trained soldier. He was considered one of Washington's top generals. He served the entire eight years of the Revolution. Like Washington, he was able to parlay small means and resources to his advantage. His attitude towards the British was humane and even kindly.
He had prominent responsibilities in facing down the British in both Boston and New York. He played significant roles in the Battles of Trenton, Brandywine, Guilford Courthouse and Germantown. He served as Washington's Quartermaster General during the dark winter at Valley Forge.
Washington awarded a few his key generals, such as Henry Knox and Alexander Hamilton, key positions in his Presidential administration. So, where was General Nathaniel Greene and what happened to him?
He twice refused Washington's request to serve as Secretary of War instead electing instead to settle on his Georgia estate near Savannah, Georgia in 1785. He died at 44 years old on the estate on June 19, 1786, of sunstroke.
He taught himself law and mathematics. He was able and, like other prominent generals on the Patriotic side, a self-trained soldier. He was considered one of Washington's top generals. He served the entire eight years of the Revolution. Like Washington, he was able to parlay small means and resources to his advantage. His attitude towards the British was humane and even kindly.
He had prominent responsibilities in facing down the British in both Boston and New York. He played significant roles in the Battles of Trenton, Brandywine, Guilford Courthouse and Germantown. He served as Washington's Quartermaster General during the dark winter at Valley Forge.
Washington awarded a few his key generals, such as Henry Knox and Alexander Hamilton, key positions in his Presidential administration. So, where was General Nathaniel Greene and what happened to him?
He twice refused Washington's request to serve as Secretary of War instead electing instead to settle on his Georgia estate near Savannah, Georgia in 1785. He died at 44 years old on the estate on June 19, 1786, of sunstroke.
Stephen A. Douglas
He defeated Abraham Lincoln in the 1858 race for the US Senate. He was the architect of the Kansas-Nebraska Act of 1854 which addressed the festering issue of slavery. He was touted to be a future US President. He was the complete antithesis of Abraham Lincoln. He ran against Lincoln in 1860 for US President but was defeated.
In listening to "Lincoln's Melancholy: How Depression Challenged a President and Fueled His Greatness", Mr. Douglas was a prominent rival of Lincoln. It occurred to me that little was heard of him after the 1860 election. Why?
Douglas died in Chicago from typhoid fever on June 3, 1861, about 3 months after Lincoln's inauguration. He was 48 years old. Like many other key figures in US history who rose to prominence quickly and disappeared, likewise was the case for Stephen A. Douglas.
In listening to "Lincoln's Melancholy: How Depression Challenged a President and Fueled His Greatness", Mr. Douglas was a prominent rival of Lincoln. It occurred to me that little was heard of him after the 1860 election. Why?
Douglas died in Chicago from typhoid fever on June 3, 1861, about 3 months after Lincoln's inauguration. He was 48 years old. Like many other key figures in US history who rose to prominence quickly and disappeared, likewise was the case for Stephen A. Douglas.
A Judge for the Ages
He presided over major legal issues of the day including rulings on desegregation, the Viet Nam War, and the Dalkon Shield. To hear his name would conjure up for me the image of man large in nature with a booming voice, and steely disposition. Perhaps this is how lawyers who argued before him felt and perceived the Judge to be.
I would run into the Judge on the elevator often. He usually arrived early around 7:30am. On several days day a week, he would be seen carrying a white pastry box from a local bakery, perhaps the Westhampton. On several occasions, he would ask me if I attended his church, to which I would reply "that must be my twin". Eventually, he would shake his head, rub his forehead, and say "I have asked you that before". We would both laugh.
To see the Judge in person, you saw an average looking man who was kind and gentle. This demeanor belied the steel courage and fortitude that enabled him to make the tough rulings despite death threats, attempts to kidnap him, and all the harsh vitriol that was hurled his way.
I recall asking him to be a guest speaker at our monthly managers meeting to which gladly accepted. I recall him sharing how, amid the turmoil and death threats, his wife pleaded with him to resign. His response was that to have resigned would have been caving into injustice, something he swore an oath not to do.
Though he was small in stature as a person, he was huge in the law and in his moral character. I felt honored to have been able to speak with Judge Robert Merhige those few times. He is an inspiration and encouragement to us all. If I was to ever write a book, similar to "Profiles in Courage", Judge Merhige would be first on the list about whom to write. He truly was a profile in courage.
I would run into the Judge on the elevator often. He usually arrived early around 7:30am. On several days day a week, he would be seen carrying a white pastry box from a local bakery, perhaps the Westhampton. On several occasions, he would ask me if I attended his church, to which I would reply "that must be my twin". Eventually, he would shake his head, rub his forehead, and say "I have asked you that before". We would both laugh.
To see the Judge in person, you saw an average looking man who was kind and gentle. This demeanor belied the steel courage and fortitude that enabled him to make the tough rulings despite death threats, attempts to kidnap him, and all the harsh vitriol that was hurled his way.
I recall asking him to be a guest speaker at our monthly managers meeting to which gladly accepted. I recall him sharing how, amid the turmoil and death threats, his wife pleaded with him to resign. His response was that to have resigned would have been caving into injustice, something he swore an oath not to do.
Though he was small in stature as a person, he was huge in the law and in his moral character. I felt honored to have been able to speak with Judge Robert Merhige those few times. He is an inspiration and encouragement to us all. If I was to ever write a book, similar to "Profiles in Courage", Judge Merhige would be first on the list about whom to write. He truly was a profile in courage.
Introducing a former governor....
I did not vote for him in the gubernatorial election. I did not like his views on raising taxes while opposing the state lottery. I particularly did not like his choosing an opponent of the state lottery to run it. Truth be known, in those days I was a diehard Republican having voted for Ronald Reagan twice and became a student of conversative politics. In those days, the Wall Street Journal was required reading for me.
In the mid-90's, our CFO, John, assigned me to work with Governor Baililes to assist him with some intricate billing of his client, a special consortium. We went to his office where the Governor was reading some official looking papers, suit coat on, and feet propped on his desk. Upon seeing he, the Governor motioned us and and exclaimed "Big John!" Upon being introduced to him by "Big John:, I remember him having a firm handshake and reflective manner.
I worked with the Governor over a period of 12 months, meeting with him just a few times and dealing mostly with his assistant. Yet, he always called me by my name when I saw him in the firm. I understand from his assistant that he has a unique ability to remember the first names of most people he met, even once. In time, I would tell others what a great guy he was. I recall my dear wife reminding me of my vehement criticisms from earlier years. I told her that I had changed.
Prior to his leaving the firm, I had invited the Governor to speak at a monthly managers meeting on the topic of leadership. He agreed without hesitation. A few days before the meeting, it occurred to me that I had the task of introducing him at the meeting. I had never introduced anyone of his political stature. Fortunately, his asisstant bailed me out with a standard script that other organizations used when introducing him as a speaker.
In the mid-90's, our CFO, John, assigned me to work with Governor Baililes to assist him with some intricate billing of his client, a special consortium. We went to his office where the Governor was reading some official looking papers, suit coat on, and feet propped on his desk. Upon seeing he, the Governor motioned us and and exclaimed "Big John!" Upon being introduced to him by "Big John:, I remember him having a firm handshake and reflective manner.
I worked with the Governor over a period of 12 months, meeting with him just a few times and dealing mostly with his assistant. Yet, he always called me by my name when I saw him in the firm. I understand from his assistant that he has a unique ability to remember the first names of most people he met, even once. In time, I would tell others what a great guy he was. I recall my dear wife reminding me of my vehement criticisms from earlier years. I told her that I had changed.
Prior to his leaving the firm, I had invited the Governor to speak at a monthly managers meeting on the topic of leadership. He agreed without hesitation. A few days before the meeting, it occurred to me that I had the task of introducing him at the meeting. I had never introduced anyone of his political stature. Fortunately, his asisstant bailed me out with a standard script that other organizations used when introducing him as a speaker.
A loss for words....
I recognized him immediately upon entering the elevator. He had joined the firm shortly after finishing his term as governor. He stood at the back of the elevator talking to another person. I recall him citing his "conservative fiscal nature" when addressing the other individual's comments. They both laughed. He was shorter and of a smaller frame that I had imagined. After all, he had served in the US Marine Corps and seemed tall on TV. After the other individual got off, he stood at the back in silence. I really did not know what to say to a former governor. How would I address him? After all, he was being touted a potential Presidential candidate.
As he got off the elevator to leave, he turned around, smiled, and said "good to see you". I felt completely at a loss for words for I did not expect that last-minute gesture.
I remember thinking to myself: will this guy actually be our President one day? Well, we all know now that Governor Chuck Robb never made it to the White House though he did serve in the US Senate.
Tomorrow - remembering a small man in size but a towering judge.
As he got off the elevator to leave, he turned around, smiled, and said "good to see you". I felt completely at a loss for words for I did not expect that last-minute gesture.
I remember thinking to myself: will this guy actually be our President one day? Well, we all know now that Governor Chuck Robb never made it to the White House though he did serve in the US Senate.
Tomorrow - remembering a small man in size but a towering judge.
A Lesson from 25 Years Ago...
I was in my mid 20's and getting onto the elevator at work. There was only one other person on the elevator who stood at the back. He wore a starched white shirt and red dotted tie. He stood erect, looked fit, must have been in his early 50's. When the doors shut, he leaned over and stretched out his hand and said "hi, I'm Bill....". I introduced myself and he asked what I did for the firm. As the elevator got to Bill's floor and before exiting, he stated "thanks, Ed, for helping to keep up straight. We appreciate it."
I will never forget that act of being graciousness and making an inexperienced and diffident kid like me feel important in the eyes of one our firm's partners.
The other day at the coffee machine, I aspied a young associate, recently graduated from Harvard Law, who had a look similar to what Bill must have seen on my face some 25 years earlier. Taking a lesson from Bill, I reached out my hand, introduced myself, and welcomed this new associate to our firm.
About 18 years ago, Bill passed away in an auto accident. However, that lesson he taught me remains and I try to emulate him whenever I get chance. Regrettably, though, I often get so caught up in my own world that I overlook those around me.
Tomorrow, my encounter with a once famous political figure on the elevator.
I will never forget that act of being graciousness and making an inexperienced and diffident kid like me feel important in the eyes of one our firm's partners.
The other day at the coffee machine, I aspied a young associate, recently graduated from Harvard Law, who had a look similar to what Bill must have seen on my face some 25 years earlier. Taking a lesson from Bill, I reached out my hand, introduced myself, and welcomed this new associate to our firm.
About 18 years ago, Bill passed away in an auto accident. However, that lesson he taught me remains and I try to emulate him whenever I get chance. Regrettably, though, I often get so caught up in my own world that I overlook those around me.
Tomorrow, my encounter with a once famous political figure on the elevator.
An Unfinished Career
He led the American League in home runs at the mere age of 19. He was a local athlete from Revere, MA and lived out his childhood dream of playing in Fenway Park for his beloved Red Sox. He had Hollywood good looks and charisma to match. The Red Sox Nation affectionately referred to him as Tony C., short for Tony Conigliaro.
It was said that Tony C possessed the "Fenway Park Stroke", a swing that enabled him to launch home runs over Fenway's "Green Monster" which stood only 315" from homeplate but stretched over 37" high. When most hitters would experience long singles and doubles, Tony C's stroke enabled his long fly balls to hurdle over the high wall for home runs.
He was on the "Impossible Dream" team of 1967, which had finished dead last in 1966, with aspirations of winning an American League Championship for the first time since 1946. That team consisted of some up and coming talent mixed in with solid veterans.
With all this going for him and the Red Sox, the future looked extremely bright until that fateful night in August, 1967 when a Jack Hamilton fastball smashed into the left side of his face causing permanent eye damage. Though he made a successful comeback in 1969, he was never the same hitter. He retired from baseball in 1975 ending what might have been and what should have been a very successful, perhaps Hall of Fame, career.
Through it all, friends and family shared that he never complained of having been dealt a bad hand. His unfinished career carried into an unfinished life as Tony C. passed away at the young age of 45 from a stroke.
It was said that Tony C possessed the "Fenway Park Stroke", a swing that enabled him to launch home runs over Fenway's "Green Monster" which stood only 315" from homeplate but stretched over 37" high. When most hitters would experience long singles and doubles, Tony C's stroke enabled his long fly balls to hurdle over the high wall for home runs.
He was on the "Impossible Dream" team of 1967, which had finished dead last in 1966, with aspirations of winning an American League Championship for the first time since 1946. That team consisted of some up and coming talent mixed in with solid veterans.
With all this going for him and the Red Sox, the future looked extremely bright until that fateful night in August, 1967 when a Jack Hamilton fastball smashed into the left side of his face causing permanent eye damage. Though he made a successful comeback in 1969, he was never the same hitter. He retired from baseball in 1975 ending what might have been and what should have been a very successful, perhaps Hall of Fame, career.
Through it all, friends and family shared that he never complained of having been dealt a bad hand. His unfinished career carried into an unfinished life as Tony C. passed away at the young age of 45 from a stroke.
Crazy Driving Behaviors
They drive too fast through the toll booths. They seem to act like privileged characters if one gets in their way. Shouldn't they at least slow down when growing through the toll booths?
On rainy days, it never ceases to amaze me how people just don't slow down. Have they not heard of hyrdo-planning on the road's surface?
Of course, we have mutli-taskers who talk on the phone, shave, apply make-up, and other personal tasks while driving.
Lastly, we have 4 x 4 drivers who think that they are invincible, even in icy conditions. Perhaps they have not heard of "black ice"?
On rainy days, it never ceases to amaze me how people just don't slow down. Have they not heard of hyrdo-planning on the road's surface?
Of course, we have mutli-taskers who talk on the phone, shave, apply make-up, and other personal tasks while driving.
Lastly, we have 4 x 4 drivers who think that they are invincible, even in icy conditions. Perhaps they have not heard of "black ice"?
Shopping and Out About Today
It never ceases to amaze me as to the unique items that Dollar Tree stocks and sells, all for one dollar a piece. Recently, we purchased some battery-powered closet lights and miniature iPod speaker systems - great for Christmas stocking suffers. Today, I went back to buy more iPod speakers only to find that they were all gone. Another lesson when shopping at Dollar Tree: when you see it, buy it and in quantities.
For those who have shopped at Short Pump Town Centre, you may have discovered the confusing traffic pattern going in and out. It is a wonder that there aren't more accidents there. I find myself circumnavigating the whole confusion by driving completely around the back of the shopping area and merging into a traffic light.
Today, I went by the old Ukrops @ Short Pump. Two workers were putting the finishing touches on the "Martin's" sign. It was good, however, to see the "Ukrops Cafe" and "Ukrops Bakery" signs flanking the new "Martin's" sign. It marked the end of an era. It will be odd to see that store open on Sundays beginning next week.
Many folks were out today at Lowe's stocking up on landscaping supplies. That is a good sign and perhaps an indication that the economy is improving.
Finally, went by a friend's open house today. Interesting to see the neat things that others do to landscape and decorate their homes. Hmm, we may have to take this up as a weekend hobby.
For those who have shopped at Short Pump Town Centre, you may have discovered the confusing traffic pattern going in and out. It is a wonder that there aren't more accidents there. I find myself circumnavigating the whole confusion by driving completely around the back of the shopping area and merging into a traffic light.
Today, I went by the old Ukrops @ Short Pump. Two workers were putting the finishing touches on the "Martin's" sign. It was good, however, to see the "Ukrops Cafe" and "Ukrops Bakery" signs flanking the new "Martin's" sign. It marked the end of an era. It will be odd to see that store open on Sundays beginning next week.
Many folks were out today at Lowe's stocking up on landscaping supplies. That is a good sign and perhaps an indication that the economy is improving.
Finally, went by a friend's open house today. Interesting to see the neat things that others do to landscape and decorate their homes. Hmm, we may have to take this up as a weekend hobby.
Stepping Out of One's Comfort Zone
Typically, I prefer to stay in my office and behind closed doors when I really need to focus on an assignment or deadline. I recognize, however, that I must not be a silo and that I need to interact regularly with my colleagues. Such interactions often encourage, inspire, and lift me out of the doldrums brought on by stress and pressing deadlines.
I prefer not to travel on business. I am blessed to have a job that does not require much travel. Like most of the things I avoid in life, I realize that it is a comfort zone thing.
This past week's visit to NYC revealed several things to me, blogged about previously, and enabled me to experience some new things.
The conference enabled me to interact with colleagues in the legal industry who are some of the sharpest minds and proactive leaders I have ever met. It amazes me how much we all learn and takeaway from each conference. There was a tense moment involving admitting a new member. Two of the strongest personalities in the group were at odds over admission. I Google'd the candidate's law firm to discover that his firm has over 1,800 lawyers in 32 offices world-wide. I pointed this out and the dissenting individual was surprised, softened his stance, and agreed to revisit membership in 6-9 months after the individual, who just started his new position, got grounded. The candidate's advocate appreciated someone providing objective input and citing the facts, not just opinion. We all averted a potentially divisive moment and I did not alienate any of the my colleagues. Rather, I now feel closer to both colleagues.
We went to a nice Italian restaurant, Becco on W. 45th Street, which I recommend to anyone planning a trip to NY in the near future. Having walked the streets over those few days, I now have a better idea as to where places are in NYC.
I experienced all of this as a result from leaving my comfort zone for a few days.
I prefer not to travel on business. I am blessed to have a job that does not require much travel. Like most of the things I avoid in life, I realize that it is a comfort zone thing.
This past week's visit to NYC revealed several things to me, blogged about previously, and enabled me to experience some new things.
The conference enabled me to interact with colleagues in the legal industry who are some of the sharpest minds and proactive leaders I have ever met. It amazes me how much we all learn and takeaway from each conference. There was a tense moment involving admitting a new member. Two of the strongest personalities in the group were at odds over admission. I Google'd the candidate's law firm to discover that his firm has over 1,800 lawyers in 32 offices world-wide. I pointed this out and the dissenting individual was surprised, softened his stance, and agreed to revisit membership in 6-9 months after the individual, who just started his new position, got grounded. The candidate's advocate appreciated someone providing objective input and citing the facts, not just opinion. We all averted a potentially divisive moment and I did not alienate any of the my colleagues. Rather, I now feel closer to both colleagues.
We went to a nice Italian restaurant, Becco on W. 45th Street, which I recommend to anyone planning a trip to NY in the near future. Having walked the streets over those few days, I now have a better idea as to where places are in NYC.
I experienced all of this as a result from leaving my comfort zone for a few days.
Why is Southwest Airlines Profitable?
Most airlines teeter on the brink of bankruptcy. I understand that some airlines now charge for carry-on bags and one even installed a coin device to charge for restroom visits. I am no airlines economist but this nickle and dime revenue stream is not going to solve their long-term and structural financial issues. Rather, I believe it will achieve quite the opposite and result in losing passengers to other airlines.
Now, let's take Southwest Airlines, one of few profitable airlines in the US.
The father of two teenage girls watched as each struggled to place their one suitcase on the scale. He knew they would be over the limit. The airline representative advised the father that each bag exceeded the limit and he would need to pay $100. The attendant also pointed out that his daughters had only one of their 3-bag limit per person. The attendant suggested that the father buy a two Southwest Airlines duffle bags for $25 a piece. His daughters could transfer items from the over-the-limit bags into the duffle bag, save $50, and have a nice duffle bag to use on future trips. The results: the daughters love their duffle bags and use them for trips (free advertising); the father saved $50 (happy customer); and, the father tells this story all the time to friends and colleagues (loyal customer, residual business, company goodwill and potential future customers).
It seems that most airlines just don't get it. They are out of touch with their customers. Why don't they emulate the pactices of successful airlines, like Southwest?
Now, let's take Southwest Airlines, one of few profitable airlines in the US.
The father of two teenage girls watched as each struggled to place their one suitcase on the scale. He knew they would be over the limit. The airline representative advised the father that each bag exceeded the limit and he would need to pay $100. The attendant also pointed out that his daughters had only one of their 3-bag limit per person. The attendant suggested that the father buy a two Southwest Airlines duffle bags for $25 a piece. His daughters could transfer items from the over-the-limit bags into the duffle bag, save $50, and have a nice duffle bag to use on future trips. The results: the daughters love their duffle bags and use them for trips (free advertising); the father saved $50 (happy customer); and, the father tells this story all the time to friends and colleagues (loyal customer, residual business, company goodwill and potential future customers).
It seems that most airlines just don't get it. They are out of touch with their customers. Why don't they emulate the pactices of successful airlines, like Southwest?
A Tale of Two Cities: New York and Sandy Hook
It was the best of times to visit New York. It was the worst of times to leave Sandy Hook.
New York is a great place to visit. There is so much to do and see: Times Square; Rockefeller Center; Penn Station; Broadway shows; Madison Square Garden, etc. I can see why people enjoy either visiting or working in New York. To me, it was fascinating walking the streets back and forth from the conference I was attending. I believe that I may have walked upon a photo shoot involving Uma Thurman or a look-alike, around 9pm, but could not get a good look given the assembled crowd. It truly seems to be a city that "never sleeps".
From what I observed in New York, people on the streets rarely say hello or smile at each other.
Back home in Sandy Hook (Goochland) today, I immediately put the New York state of mind quickly out of my mind and re-matriculated myself back into my preferred lifestyle amid the bucolic quietude of country living. Though pollen-created allergy issues can be tough on us allergy sufferers in April, it was great being back home. It was great to have drivers and joggers wave as I encountered them in our neighborhood today. It was nice to be greeted warmly by former "Church-mates" at a local eating joint.
Today, I felt like "Oliver Douglas" from "Green Acres" as I cut the grass but not in a suit and tie. I look forward to our next visit to New York. But, I know I will be just as glad then as I am now to return home to the quiet and beauty of Goochland, the place we call home.
New York is a great place to visit. There is so much to do and see: Times Square; Rockefeller Center; Penn Station; Broadway shows; Madison Square Garden, etc. I can see why people enjoy either visiting or working in New York. To me, it was fascinating walking the streets back and forth from the conference I was attending. I believe that I may have walked upon a photo shoot involving Uma Thurman or a look-alike, around 9pm, but could not get a good look given the assembled crowd. It truly seems to be a city that "never sleeps".
From what I observed in New York, people on the streets rarely say hello or smile at each other.
Back home in Sandy Hook (Goochland) today, I immediately put the New York state of mind quickly out of my mind and re-matriculated myself back into my preferred lifestyle amid the bucolic quietude of country living. Though pollen-created allergy issues can be tough on us allergy sufferers in April, it was great being back home. It was great to have drivers and joggers wave as I encountered them in our neighborhood today. It was nice to be greeted warmly by former "Church-mates" at a local eating joint.
Today, I felt like "Oliver Douglas" from "Green Acres" as I cut the grass but not in a suit and tie. I look forward to our next visit to New York. But, I know I will be just as glad then as I am now to return home to the quiet and beauty of Goochland, the place we call home.
Amusing Human Behavior
I do these same things myself. So, I find it quite amusing when I observe and/or hear others doing the same. While in NYC, I observed and broached with colleagues two such behaviors.
First, whether it is in a buffet-type restaurant or there are serve-yourself lunch options, I find it amusing how others, upon your returning to the table, will peruse what you have on your plate and even comment on its appearance, possible health implications, and their thoughts on the food -- all unsolicited comments. At times, I find myself wishing that I had a room service type cover for my dish to avoid the perusal and critique.
Second, often times conversations turn to movies. Guys seem to enjoy recounting their favorite scenes from movies. I find it quite interesting how someone will ask me if I have ever seen a particular movie. When I say "no", the individual will look surprised and ask again with emphasis "you have NEVER seen ______ (movie)? " I know that their reaction is based upon their surprise. At such times, however, I find myself wishing to say: "like I said the first time, no".
Watch for these behaviors. You will find them amusing at times, annoying at others.
First, whether it is in a buffet-type restaurant or there are serve-yourself lunch options, I find it amusing how others, upon your returning to the table, will peruse what you have on your plate and even comment on its appearance, possible health implications, and their thoughts on the food -- all unsolicited comments. At times, I find myself wishing that I had a room service type cover for my dish to avoid the perusal and critique.
Second, often times conversations turn to movies. Guys seem to enjoy recounting their favorite scenes from movies. I find it quite interesting how someone will ask me if I have ever seen a particular movie. When I say "no", the individual will look surprised and ask again with emphasis "you have NEVER seen ______ (movie)? " I know that their reaction is based upon their surprise. At such times, however, I find myself wishing to say: "like I said the first time, no".
Watch for these behaviors. You will find them amusing at times, annoying at others.
Graciousness at Appomattox
Today in history, General Lee surrendered to General Grant at Appomattox. What is so impressive is the magnanity displayed by many that day.
Lee and Grant, graduates of West Point, had known each other slightly during the Mexican War and exchanged awkward pleasantries. Apparently, Grant remembered more of Lee than vice versa. Grant arrived in his muddy private's field uniform and jacket while Lee came in full formal military attire complete with sash and sword, anticipating at best to be taken captive and worst to be summarily executed as a traitor by Grant.
Lee asked for terms knowing of Grant's prediliction for unconditional surrender. Grant hurriedly wrote them out based upon previous consultations with President Lincoln who instructed to "let them up easy" from defeat. Grant wrote that: all officers and men were to be pardoned, and they would be sent home with their private propery; most importantly, they could keep their horses to be used for a late spring planting. Officers would be allowed to keep their side arms. Grant offered Lee's starving men rations for which Lee was both touched and appreciative. Lee had lost count as to the number of his soldiers remaining due to growing dessertions in recent weeks.
Lee left first, pounding his fists into his gloves as he walked onto the porch, called for Traveler, and rode out to meet his loyal soldiers for one last time. Grant ordered silence to a band that had begun to play in celebration. Grant told his officers, "The war is over. The Rebels are our countrymen again." General Joshua Lawrence Chamberlain had Union solders salute their reunited countrymen by the ordering of arms, a form of respect.
Lee and Grant, graduates of West Point, had known each other slightly during the Mexican War and exchanged awkward pleasantries. Apparently, Grant remembered more of Lee than vice versa. Grant arrived in his muddy private's field uniform and jacket while Lee came in full formal military attire complete with sash and sword, anticipating at best to be taken captive and worst to be summarily executed as a traitor by Grant.
Lee asked for terms knowing of Grant's prediliction for unconditional surrender. Grant hurriedly wrote them out based upon previous consultations with President Lincoln who instructed to "let them up easy" from defeat. Grant wrote that: all officers and men were to be pardoned, and they would be sent home with their private propery; most importantly, they could keep their horses to be used for a late spring planting. Officers would be allowed to keep their side arms. Grant offered Lee's starving men rations for which Lee was both touched and appreciative. Lee had lost count as to the number of his soldiers remaining due to growing dessertions in recent weeks.
Lee left first, pounding his fists into his gloves as he walked onto the porch, called for Traveler, and rode out to meet his loyal soldiers for one last time. Grant ordered silence to a band that had begun to play in celebration. Grant told his officers, "The war is over. The Rebels are our countrymen again." General Joshua Lawrence Chamberlain had Union solders salute their reunited countrymen by the ordering of arms, a form of respect.
A Much Different World
Upon arriving in NYC's Penn Station around rush hour yesterday, I was immediately reminded of how different this city is to what I'm used to. There were throngs of people, speaking different languages, hailing from many diverse parts of the world. There business people, tourists, artists, students, and a few panhandlers near Madison Square Garden.
Hailing a cab was pretty an exercise in futility as everyone was trying to get one. I have never seen so many yellow cabs at one time.
Walking up 6th Avenue to the hotel was an experience, watching pedrestrians either jaywalk or cross when they were not supposed to only to get the irate horn and waving of arms from frustrated taxi driver. That was amusing to watch as it occurred repeatedly. The UPS drivers in the "Big Brown" trucks, which seem larger in NYC than the ones back in Richmond, are the most aggressive in working through traffic.
In meeting some colleagues for dinner, I was most surprised to find a waiter, in the middle of NYC, who was actually pulling for the Red Sox as they played the Yankees last night. BTW, Yankees 3 Red Sox 1.
More tomorrow from NYC.
Hailing a cab was pretty an exercise in futility as everyone was trying to get one. I have never seen so many yellow cabs at one time.
Walking up 6th Avenue to the hotel was an experience, watching pedrestrians either jaywalk or cross when they were not supposed to only to get the irate horn and waving of arms from frustrated taxi driver. That was amusing to watch as it occurred repeatedly. The UPS drivers in the "Big Brown" trucks, which seem larger in NYC than the ones back in Richmond, are the most aggressive in working through traffic.
In meeting some colleagues for dinner, I was most surprised to find a waiter, in the middle of NYC, who was actually pulling for the Red Sox as they played the Yankees last night. BTW, Yankees 3 Red Sox 1.
More tomorrow from NYC.
The marvels of today's technology
While sitting on a high-speed training heading towards NYC, I am working wirelessly, checking e-mails from work, checking personal e-mails on my iTouch, and staying connected with news and the stock market -- all completely wirelessly.
As I look around, other passenges are working on their laptops, texting, making and receiving calls on their cell phone.
Now, I am ready to post a blog -- wirlessly.
As I look around, other passenges are working on their laptops, texting, making and receiving calls on their cell phone.
Now, I am ready to post a blog -- wirlessly.
Americans' proclivity for shortcuts
We hear them all the time. Many of us use them without even recognizing it. We Americans like to use shortened versions of words. Some include:
cardio = cardiovascular exercise
meds = medicine/prescriptions
temps = temperature
veggies = vegetables
the net = internet
stats = statistics
prof = professor
There are many other examples. I used to resist using these shortcuts as my way of not "joining the crowd". Now, though, I find it much easier to say "cardio" when describing time in the gym as opposed to "cardiovascular excerise on the elliptical". Sometimes, it take an old dog to learn a new trick.
cardio = cardiovascular exercise
meds = medicine/prescriptions
temps = temperature
veggies = vegetables
the net = internet
stats = statistics
prof = professor
There are many other examples. I used to resist using these shortcuts as my way of not "joining the crowd". Now, though, I find it much easier to say "cardio" when describing time in the gym as opposed to "cardiovascular excerise on the elliptical". Sometimes, it take an old dog to learn a new trick.
Losing Martin Luther King, Jr.
Today marks the 42nd anniversary of Dr. King's death. Sad that a man who advocated passive resistance and abhorred violence would meet such a violent death. As a kid, I remember the outbreak of violence that occurred throughout the nation in the aftermath of his murder.
I recall the throngs of people lining the streets to pay tribute as Dr. King's casket passed by in a wooden farm cart drawn by two mules. Following behind were family members, colleagues, and other mourners including Sen. Robert F. Kennedy.
Just a few nights before, Sen. Kennedy was able to both convey the sad news and calm a predominantly African-American crowd in Indianapolis by demonstrating empathy in referencing his own brother's murder. Sadly, Sen. Kennedy would be killed 2 months later in Los Angeles.
One can't help but wonder how differently things may have turned out if our nation had not lost these two leaders in 1968. It reminds of the melancholy lyrics from Dion's song "Abraham, Martin, & John":
I recall the throngs of people lining the streets to pay tribute as Dr. King's casket passed by in a wooden farm cart drawn by two mules. Following behind were family members, colleagues, and other mourners including Sen. Robert F. Kennedy.
Just a few nights before, Sen. Kennedy was able to both convey the sad news and calm a predominantly African-American crowd in Indianapolis by demonstrating empathy in referencing his own brother's murder. Sadly, Sen. Kennedy would be killed 2 months later in Los Angeles.
One can't help but wonder how differently things may have turned out if our nation had not lost these two leaders in 1968. It reminds of the melancholy lyrics from Dion's song "Abraham, Martin, & John":
Anybody here seen my old friend Martin?
Can you tell me where he's gone?
He freed a lot of people,
But it seems the good they die young.
I just looked 'round and he's gone.
Subscribe to:
Posts (Atom)
Posts
