Wednesday, December 24, 2008

Christmas 2008

Sitting in the presence of one of my granddaughters, I cannot help but consider the changes within me during the last several years. Consider the times from childhood until sometime during my seminary education (surely, at least four years into the eight years), I went into Christmas season with images consistent with my childhood. Then, I found out that the biblical stories associated with Christmas were essentially myths, i.e., literary devices designed to convey some religious truth, not history. That was quite a change but I could accommodate this transition without sacrificing my integrity.

However, during the last several years I have come to a realization that religion, per se, is problematic. Whatever good is accomplished is outweighed by the disastrous history of bigotry, violence, and, a general disregard for truth. The inability to come to terms with facts contrary with reality is a grave concern to me. For an organization that is based on the history of God’s intervention in time, it is impossible for me to understand how the Church will act as though God stopped his intervention. The Church acts as though God does not intervene any longer.

So, here I am somewhat sad that the emotions that used to be attached to Christmas are no longer present. In its place, I have the image of my family that demonstrates love. I am now the object of love and, in turn, I can hold babies who love unconditionally. I never was involved in the material aspects associated with the modern celebrations of Christmas. In its place, I have loving adults and children and animals. It is more than one could deserve. I surely recognize the beauty of Christmas each day of the year.

Monday, December 22, 2008

"The Limits of Power" by Andrew Bacevich

Andrew Bacevich has become a hero to me! I take some pride that he lives in Walpole and teaches at Boston University, but he is distinguished by his realism and common sense that flows from the writings of Reinhold Niebuhr. “The Limits of Power” is an extraordinarily succinct articulation of the pitfalls of our current (and recent past) military interventions with the recognition that the American public has got what it wanted because they avoided doing what was necessary.

Bacevich portrays the steady and relentless pursuit of executive governmental power as the price the American public was willing to pay so that they could continue living out the dream of selfish consumerism. The privileges of “freedom” were commensurate with our being capable of sustaining a life-style without moderation or, surely, sacrifice. We allowed the government and military to expand its scope in the name of extending freedom to others without seeing the real purposes of extended hegemony designed to ensure “our way of life”.

When focusing on the military itself, he starts from the premise that no war ever works out as planned. Surely, this was evident in our interventions in Iraq and Afghanistan. What was supposed to be a quick overthrow of Hussein as a pathway to seeing democracy flourish, we saw extended years and deaths precipitated not by commensurate force but by the small but effective IEDs. We used no knowledge of the politics and history of the countries we invaded to think clearly about what would happen next.

Bacevich never sees the ideal since it does not and will not exist. He knows that any government will be limited by necessity. While recognizing the truth embedded in the Just War Theory, war must remain a defensive strategy of last resort. For our government to do better, the American public needs to reconsider its role. We have to become citizens who are willing to live within a world that is threatened by its own misuse of fossil fuels and other scarce resources. We have to ameliorate our desires to avoid interventions designed to secure our perceived needs.

Sunday, December 14, 2008

What to do in Afghanistan?

Our new leader has more than enough problems to confront that it is hard to zero in on any one of them. However, Afghanistan is crucial because he has assigned a priority to the nation.

In general, I understand why he would focus on the problems in the area. The entire area of Afghanistan, Pakistan, and India represents a potential collective black hole where all energy will be sucked in. On the other hand, it could well emerge into conflagration which would not be a pretty picture for anyone. So, it is a problem that has to be dealt with.

Admittedly, it would have been so much easier to have gone into Afghanistan after 9/11 with a police-type intervention, viz., some people committed an atrocity and justice required their capture and trial. However, our current leader saw much more! He saw a war on terrorism that would ultimately take us into the orbit of converting the Islamic world into democratic nations embodying much of our culture. Now, we have another problem! We have made matters even more complicated because of the corrupt government we supported and the energized Taliban who have been strengthened by the anger felt by many Afghans.

In addition, we have currently a conflict that is destroying our military. While I feel strongly that our military should be judged by our standards and values, I can understand how frustration and resentment can result in actions contrary to those standards. What a situation to place military in! Stick them in a zone where they are confronted not by another nation's military where more or less conventional warfare exists, but rather insurgents whose aims and goals are facilitated by the very people our military is trying to help!

I am convinced that our stated goals for a stable Afghanistan that is ruled by laws and embodying at least some semblance of democratic values are doomed. The Afghans are simply living in "world" too distant from such aspirations. I can see a goal of capturing the leaders of AlQueda. I can see the destruction of training areas for the AlQueda. But, I am less convinced that we can rid the nation of the Taliban or convince people to grow conventional crops rather than poppy unless a very strong leader, e.g., a dictator, emerges, hopefully with benign qualities.

Return to Normalcy!

For the past two weeks, my wife (really hate using a possessive pronoun referencing the person I love, but there does not seem to be another way to express the relationship succinctly) has been extending her medical skills to Haitians who live and work in the Bateys in the Dominican Republic and also in Haiti, itself. For her, she shared that the trip was successful, i.e., they saw many people who came to their clinics, and their services were appreciated.

For me, it was a time to be alone (albeit, with dogs), but by the end of the two weeks, I missed her presence. While we no longer have to deal with major issues associated either with our work lives or our children who have emerged into their existence as parents who will have to their share of worrying, we do share a lot, especially humor. My humor is not in the form of jokes but a commentary over events. I either hit a funny bone at the right moment or it is missed. I cannot create the humor when talking about some past event.

I treasure our friendship. It has never gotten old. I know that few would accept me as I am as genuinely as she does. I appreciate that it is easier for me to welcome her into my existence than vice-versa. She is virtually a saint. My flaws are quite visible and it does take energy and ego to accept them as a price of experiencing the plus sides of my personhood.

From a practical perspective, I know that taking care of a baby by mself is not something that I could do routinely. I attribute my weakness to age, but regardless of the reason, it is much more possible when there are two of us present and I represent the "helper" while her grandmother is the principal care keeper!

We are back to normalcy! and it feels good, very good!

Monday, December 8, 2008

"The Chain of Blame" by Paul Muolo & Matthew Padilla

“The Chain of Blame” is a thrilling account of multiple aspects of the financial crisis associated with mortgages. Admittedly, I am still a neophyte trying to understand the various “financial instruments” that have been used during the last three decades. It is hard to believe that securitizing mortgages into bonds was “invented” in the 1970’s by Lew Ranieri. Over time, investments became more sophisticated through Collateralized Debt Obligations and Credit Default Swaps. Needless to say, reading such a book does not make one an expert.

However, I have some observations:

(1) I could never have survived the mortgage business model that surfaced when the brokers were no longer generally attached to banks and when mortgages were securitized. The incredible pressure to sustain the model, i.e., getting mortgages as fast as possible on whatever terms could be underwritten in order to secure funding associated with the securitization of the mortgages, made many, many very, very rich, but the price was extraordinary. It takes a different type of person than I am to do this type of work.

(2) It is amazing how one change tends to lead to another, and then another. After mortgages were securitized, then the next step materialized, the Collateralized Debt Obligations, and then, the Credit Default Swaps. And as these instruments developed, rules were changed to facilitate more and more mortgages (including refinancing).

(3) It seemed that the right hand did not want to “know” what the left hand was doing. Mortgage originators had their work reviewed by organizations checking on compliance with the rules. However, the major lenders (investment banks) were not checking on whether the work of underwriting was correct.

(4) As usual, when the mortgage industry started to fail due principally to the subprime mortgages, blame was readily assigned but seldom accepted.

Saturday, November 29, 2008

"The Paradox of Power" by Michael Crosby

“The Paradox of Power” by Michael Crosby

Michael Crosby has become famous by virtue of his being a Capuchin priest who often gives workshops to business people. “The Paradox of Power” is essentially built from his presentation on the power which can be both positive and negative.

In summary, the destructive aspects of power come from the need to control the other. Unless we can be open to, caring of, the other, it will impossible to transition to positive power.

I admit to seeing my problems more clearly. Given that I tend to be opinionated (not a problem in and of itself), I see that I am not open to the other who does not share the same view. While there are many examples, I share two:

Especially when I functioned as a priest, I had strong opinions that the Catholic Church was basically missing the point big time. My problem was that I was angry to the point that those who differed with me, did not hear me out. The same type of phenomenon occurs when I share my opinion of Bush. My lividness gets in the way when I am with someone who does not share my view.

It is hard work to be so open to another when what they say, believe, or do is diametrically opposed to my own way of seeing, believing, and doing.

The book is most worthwhile as a review for anyone who notes that they could possibly improve their interpersonal relationships.

Friday, November 28, 2008

Capitalism Transitioned into Government Ownership

Over the years, I have often taken the position that I was more a socialist than a capitalist, that I treasured more the way European and Scandavian nations dealt with the social aspects of the economy, whether health care, day care, access to education, systems to avoid outright poverty. In none of these conversations did I ever envision the government nationalizing our major banks!

And yet today, the Financial Times argues that we are seeing the phenomenon of the governments of the United Kingdom and United States nationalize the banks. The amount of financial intervention is virtually unprecented.

It is hard to believe that the most anti-capitalistic intervention is being spawned by the unregulated markets that have dominated our economies. It is a strange outcome indeed!

The Ponzi Scheme: Credit Debt Obligations & SWAPS

Not everyone in my household agrees that the Credit Debt Obligations (CDO) represented a huge Ponzi scheme, but now I have Paul Krugman agreeing with me. I feel somewhat vindicated. However, I admit to my filial advisor that these financial instruments were not technically a Ponzi scheme since there was no intent to defraud. I admit that! But, the outcome is essentially the same as the Ponzi scheme.

In an article regarding Barney Franks, Maureen Thacik reported that the credit default swaps reached $55 trillion when everyone was aware that housing prices were not holding. As she quoted Barney Franks: “These people insure so much money … that they now owe more money … than there is money!” What a disaster!

While talking about this fiasco while celebrating Thanksgiving surely mixed negative and positive feelings, it surely remains an interesting topic for discussion! No one (apart from Krugman) seemed to be aware of problems before they emerged tout de force! Now we are all becoming students of an aspect of economics that most majors in economics never discussed.

It is interesting that there have been four major financial crises in the last couple of decades: major hedge fund collapse, savings and loan banks failure, internet bubble collapse and, now, this crisis which seems much more problematic than the rest combined.

If there is anything to be learned, it seems that anyone should be suspicious of anything that smells like a bubble. When things seem too good, they are!

Wednesday, November 26, 2008

"The Powers to Lead" by Joseph Nye

After reading his prior book, "Soft Power", I became a follower of this man's thoughts. He seems to be able to see the multiple sides of power as it works within organizations, governments, and nations.

In this new book, he tries (successfully) to fill a gap in the literature. While there is much written about the qualities of leaders and their psychological makeup, there was not much that deals with the various angles of hard and soft power as used by those in leadership positions.

This book does not lend itself to easy conclusions, especially since he emphasizes the contextual nature of the appropriateness of one type of leader within a set of specific circumstances. In short, the book is very relevant to someone young enough to know that they may become a leader so that he/she will have a broad understanding of leadership.

Sunday, November 23, 2008

Problems with Restoring the Economy!

While I share the hopes of many that Obama will be able to right the ship in a few years, I am aware that there are monstrous hurdles to overcome. Mistakes are inevitable, given the vagaries of how the economy works.

It was interesting reading how FDR's reported success in dealing with the Depression was less that uneventful. A review of his "errors" will help to moderate any exaggerated hopes, but it also offers support to the notion that his economic team will be more aware of the strategies that will lead in a positive direction.

I always promoted the notion that we were not doing well in terms of providing a nation that would serve well our children and grandchildren. I was concerned about the inequalities between our nation and other nations, the inequality within our citizenry, the drastic gap between pay for CEOs compared with employees, the misuse of fossil fuels, the drastic disregard of the earth given to us as a gift. I am living long enough to see some of the consequences with a more selfish attitude rather than one that fostered a notion that we are "children of God" and brothers and sisters in world that we need to love together if we are to sustain ourselves.

We can only hope that the present catastrophic economic collapse will restore those behaviors that will promote our collective well-being!

Friday, November 21, 2008

"Mayflower" by Nathaniel Philbrick

One of the joys of retirement is time to read historical works that captures some of what I missed in my younger days.

"Mayflower" has been well received by many. Suffice now for me to share those little points that represent "new" knowledge for me:

1. I was impressed with the number of different Indian tribes that were present when the Pilgrims settled in Plymouth.
2. It was interesting that the Indian and English was unable during the first several decades to learn how to catch the plentiful fish in the ocean. The Indians did better catching fish that migrated in rivers.
3. I was impressed that many Indians learned English.
4. If not for land issues, the lengthy period of positive relations between the English and Indians would have continued. It was only because the Indians "sold" so much land that they felt forced to fight the English to regain some land. It is hard to imagine that such "scarcity" of land with so few people. But the difficulties of farming, e.g., fertility of land was short-lived, much land was wooded and not easily amenable to farming.
5. It appears that the English were more brutal in conflict than the Indians, or at least, they surely provided incentive to counter the cruelty they experienced.
6. The religious leader of the Pilgrims warned the settlers that violence begets violence. What the Pilgrims did not recognize, subsequent generations also failed to recognize. As experienced in Iraq and Afghanistan, violence begets violence.
7. It was amazing to think about the distances that they traveled, whether by foot or horse.

Wednesday, November 12, 2008

Good Bye to Bush!

While I have been repulsed by the Bush Administration, I am not sure that I have the heart to go through all the reasons why! They are countless and very disturbing.

Being somewhat faint-hearted, I take refuge in someone else who writes with the vigor I feel and the patience to enumerate all the terrible deeds of the Bush administration.

With many others, it is a terrible legacy he has left to the rest of living, especially those young enough to have to bear the burden even longer than those of us who are already old.

P.S. I am about to demonstrate how angry I am about Bush by sharing a list of things that Bush could admit as regrets, in addition to the two he was willing to mention. The list could go on and on, but at least I see some humor in some of the items!

Universal Health Care: A Near Future Happening!

While somewhat optimistic that some form of universal health care would be enacted within the first term of Obama, I was taken by surprise that Senator Backus is proposing today his own plan which is compatible with plans of Obama and Kennedy.

I would not have been so pleasantly surprised if I had not read
how central this senator is regarding any piece of legislation involving funding. As Chairman of the Senate Finance Committee, he is critically important for any legislation requiring expenditures of federal monies.

With Senator Backus now coming forth with his plan, I can rest relatively assured that universal health care will be passed within months.

Tuesday, November 11, 2008

"Big Picture" of Nation's Economy

Michael Porter (Harvard Business School) is famous for his work on strategies designed to improve business competitiveness. His recent article in Business Week provides a tremendous overview of the issues that need to be addressed if our nation is to achieve the level of competitiveness that was true in our past and has been declining in recent years without any evidence that the current trend will cease.

Since he is focusing on strategies, he is advocating less for a specific set of responses as much as a serious, public dialogue about the issues in order for us to prepare for long-term goals. While concurring with the need to address our current crisis, he emphasizes that nothing done to address the crisis will prepare us for the long-term.

Rather than rehashing his arguments, I share my enthusiasm for promoting such a conversation.

I have been intrigued with the plight of the automobile industry. While it is clear that the leaders in Detroit have lacked foresight by developing products useless for today's needs, I am not sure that benefit would be gained by the current discussion of infusing more federal monies into the industry. I (with others) cannot see how more money will help the industry. I cannot think of how the current set of parameters in the industry, e.g., unions, benefits, retirement obligations, and questionable expertise, will allow the US car manufacturers to make products that will be profitable. In short, I think that we have to let the entire industry fall in order to allow others to take over, even if it means that (1) US will have to pay for the obligations incurred by the industry, e.g., retirement pensions, and (2) the manufacturing plants are taken over by "foreign" manufacturers who know how to produce products that will be profitable and energy efficient.

The implication in my conclusion is that I have established in my head a series of strategies that need to be employed, e.g., we need some sort of universal health insurance so that our products will not include such costs, private pension plans have to avoided while requiring employees to invest in 401 Ks, high fuel mileage will be rewarded by some sort of tax credit system to offset costs of new technology.

His article is breathtaking in its implications.

P.S. Tom Friedman wrote a scathing column on GM today that came to a similar conclusion, albeit in a different form. He is recommending that any bailout comes with the stipulations that the board of directors be replaced a receiver capable of addressing the requirements of innovation, tear up all existing contracts (including those with the union), and declare all existing shares worthless.

P.S. David Brooks today (14 Nov) addressed quite well the plight of the auto industry and focused appropriately on the need to let the American auto industry, as we have known it, die. Be assured that autos will be built by someone who is capable to making a profit with cars wanted by the public.

P.S. Here I am on 22 November writing that the strong opinion stated above is being roundly refuted by so many as irresponsible, given the general economic picture. Maybe if the auto makers in Detroit were in the same situation in a generally strong economy, letting the corporations go bankrupt would make sense. But, in such a dire situation as we face, it was would be disastrous.

I can understand why it is necessary to secure the industry, but I hope that they come up with a plan that makes some sense. Everyone agrees that the projections are that the $25 billion will be gone in the spring. What next?

P.S. Now on 23 November, there is a great article advocating bankruptcy as the best option of the car industry. Bailouts for the steel industry did not work. Only when they went under did they really restructure and become profitable.

This is truly complicated!

Sunday, November 9, 2008

Conviction over Resistance!

Ever since Howard Dean was selected as the Chair of the National Democratic Party, he made it clear that his strategy was to involve all 50 states, regardless of how their voting patterns appeared. He took much abuse from leaders in the Senate and the House (including Obama's newly selected Chief of Staff). As it turned out, it surely was the right strategy and helped elect Obama as our next President.

It is not often where such conviction turns out to be successful. However, when it does, it helps the rest of us to know that it is important to have convictions worthy of the effort required to resist those who oppose them.

Friday, November 7, 2008

"TheTrillion Dollar Meltdown" by Charles Morris

While I have been reading as much as I can regarding the economic situation facing our nation and the global economy, I admit my general ignorance regarding much of the economy, especially the highly sophisticated methods for leveraging capital and minimizing risks.

In my attempt to be more informed, I used Charles Morris as a guide. Granted that I still did not understand everything, I did get to the point where my general understanding improved.

It helped that the author is generally biased as I am regarding the need for more regulations and capital backing of leverage options. In general, for those who know in the ins and outs of the types of transactions that have got us into trouble, this book may be unnecessary. For others, I would recommend it for its general clarity and straightforward prose.

"Seizing Destiny" by Richard Kluger

Richard Kluger’s highly researched history of our nation’s growth from the few colonies to claiming the entire swath of land between the oceans and other territories as states (Alaska and Hawaii) and more nuanced relationships, e.g., Puerto Rico and Guam is a serious claim on anyone’s interest in knowing how the process developed. Admittedly, it was a hard book to read but it accomplished its goal of tracing our history relative to land acquisition.

From the title, “Seizing Destiny”, the reader understands that the peoples of the United States understood that they were destined to own what others had. We saw that we were special and would use the land appropriately, in contrast to the Native Indians and Mexico. In a sense, President Bush’s insight that our nation would change in the Mideast into a democracy is aligned with this historical vision.

The other aspect of the advance of our people to lands owned by others is that we were less than honest in our negotiations. Again, one wonders whether anyone learns from history, Dishonesty has been ingrained in the Bush Administration.

Thursday, November 6, 2008

What to Do?

Now that Obama has been elected, there is clearly a scramble on to identify what actions should taken and in what priority order. Commentators have warned about the negative consequences of over-reaching too fast. And yet, if action is taken early, then the timing of the next congressional election in 2010 will become a relevant obstacle to passage of legislation.

If I were advising Obama (wow! what a head trip that is!), my recommendations for the first six months would include the following:

• devise a stated plan to conclude our military involvement in Iraq and Afghanistan. I realize that Afghanistan is quite different than Iraq and Iraq is by no means without potential collapse, but the need of setting our a plan for our withdrawal is important
• a stimulus plan that would address the needs of our infrastructure and energy requirements, even if it puts us further in debt
• universal health care (realizing that Obama never promoted “universal health care. I am hoping that Senator’s Kennedy’s work underway will result in legislation that can be acted upon within six months (before his death)
• a set of regulations dealing the financial industry that will make matters more transparent and ensure that leverage will be appropriately capitalized.

As Maureen Dowd wrote today,
Obama may be in over his head. Or he may be heading for his own monument one day
.

Andrew Bacevich: A Man to be Treasured!

First, a comment regarding Professor Bacevich. He is a West Point graduate, received a Ph.D. from Princeton in International Affairs, retired from the military as a Colonel, and has been on Boston University's faculty for some years.

He was an early critic of the United States' invasion of Iraq and continued his writing even when his son enlisted in the military against his father's recommendations where he was killed. Professor Bacevich has recently written "The Limits of Power" which articulates a more sensible use of power in light of the horrendous consequences often associated with its use.

As a general theme, his thesis is that the policies of the United States tend to be imperialistic and hegemonic in spite of our stated reasons for its use. He argues forcefully about the necessity of realizing the inherent limitations of power, that its use often results in counter measures, e.g., counterinsurgency witnessed in Iraq, Afghanistan, and earlier in Vietnam.

Recently, he wrote about the impact of the nation's mindset on national policy. In this sense, he is stating that many (not all, e.g., it is unclear whether the people would have supported the Iraq invasion if they knew the merits of the arguments put forth by the administration) of the nation's interventions were supported in advance by national opinion. Many examples are cited. He concludes with the observation that the nation now wants a more limited approach to foreign policy.

Today, he writes that Obama's election signals the end of a foreign policy dictated by religious ideology. He references the famous theologian, Reinhold Neibuhr. who guided the thinking of many of our statesmen who advocated a more realistic foreign policy. Neibuhr recognized that the world was influenced by the effects of Original Sin, i.e., nothing done is immune from some evil implications. The use of power is inherently abusive, even when necessary. The need to constantly weigh the "need" to use power against its inherent negative consequences is lost when religious ideology creates tunnel vision that excludes the complexities of international relations.

Wednesday, November 5, 2008

Moment for Tears!

One would have to be the world's worst cynic to not be moved to tears to witness the first Black American become President of the United States! I have been moved to tears many times by Obama. Last night was no exception.

To think that I lived long enough to at least get to this tremendous milestone of seeing a Black man become President! To see a Black family in the White House! For all the years that I promoted civil rights for all peoples, this represents an unbelievable moment!

While it can be argued whether we are in a post-racial period, we are witnesses that we are at least making real progress. We may have miles more to walk, but the distance is much shorter. And with last night, we may have crossed the biggest bridge yet to the time when prejudice will not color our nation!

Tuesday, November 4, 2008

Election Day!

It's here! For so long and too long, we have witnessed an extraordinarily expensive election process that has become at times very entertaining and, at other times, exacerbating. It surely has been historic for the involvement of minorities and females as contestants for major offices.

My bias is long-standing. I thought that Obama would be a great, great president from day 1. I have not changed my views even when I wished he had been more specific about his plans for the future. However, I understand that too much specificity is no way to get elected!

I do think that Obama is our best hope for improving our standing in the international community, for restoring some sanity in our domestic policies impact our citizenry, and for presenting to our nation a person (and family) that represents the best of what we aspire to be.

I realize that at this very moment, it is unclear who will win. Enough has been said about the possibility that McCain could win, if certain states frustrate the pollsters. Surely, I will be one frustrated and disappointed person should such a scenario prove to be true. I will be disappointed again in the American electorate, as I was when they elected Bush not only once but twice! I will be amazed how so many could be fooled by fear and prejudice. But, our democracy does work by counting votes, state by state, to determine a winner.

May this day end with the election of Obama!

Sunday, October 26, 2008

Was Raising Children a Personal Negative?

In the current edition of Atlantic Monthly, Paul Bloom dissects the issue of whether a person is composed of multiple selves. The article is stimulating. We recognize that each of us has a "self" that is relatively more virtuous than a "self" that is grossly selfish. Jung theorized the self as having a shadow as well as the more positive image that we show the world.

In the article, the author zoned in on the dichotomy between one's stated perception of parenthood compared with true feelings:
if you ask people about their greatest happiness in life, more than a third mention their children or grandchildren, but when they use a diary to record their happiness, it turns out that taking care of the kids is a downer—parenting ranks just a bit higher than housework, and falls below sex, socializing with friends, watching TV, praying, eating, and cooking.


It caused me to consider my own experience. While I admit that there were moments that tested me, my experience was positive, but possibly for a different reason.

While I appreciated my children as people that were "mine", I realized that parenthood was important for me to become a person. I looked upon parenthood somewhat as a remedy to my ineptitudes and deficiencies. My children were tutors for me to develop into a person I became (of course, they could question how well they served that role!). At any rate, parenthood made me a better person (probably not saying much!) and I appreciated what they did for me. For good or bad, they can take credit for what I became!

Friday, October 24, 2008

“The Way of the World” by Ron Suskind

Suskind’s earlier book, “The One-Percent Doctrine”, was compelling and well-written. It zoned in on Cheney’s rubric that if there was a one-percent chance that a scenario could be true, then it was necessary to address it aggressively.

“The Way of the World” is written in a totally different style in which a theme is weaved very cogently throughout. Suskind is concerned that the Bush Administration’s behavior has resulted in the loss of international friends and support, a loss of respect for the nation’s constitutional principles, and a distortion of our perception of others (with some specificity, the Muslims).

With different stories interspersed throughout, he demonstrates the negative impact of policies that ignore the Constitution, e.g., denial of Habeas Corpus for Guantanamo prisoners, enable aggressive interventions based on lies, e.g., Iraq, and policies that prevent us from marshaling resources to address real problems, e.g., our failure to ensure that rogue access to nuclear weapons will be avoided.

In short, he wants to restore our soft power (not his verbiage) by conducting our international foreign policy in a more ethical, forthright, cooperative way that will restore our nation’s image throughout the world.

Tuesday, October 21, 2008

Impressive Nobel Prize Economist!

Joseph Stiglitz has become a hero of mine. His intelligence is well-recognized not only by his being a recipient of the Nobel Prize for Economics, but for his critical writing on the negative influence of the World Bank on the poorer nations. His broad understanding of the dynamics of international trade are captured in his books, e.g., "Globalization and Its Discontents".

I have referenced him in many blogs:
June 1, 2007
June 28, 2007
November 9, 2007
September 24, 2008.

Today, I recommend a reading of his testimony to the House Committee dealing with the problems in financial services. While this testimony is lengthy and complicated, it will serve as a reference when thinking about what should be done to make our financial services work more effectively and transparently for the benefit of all.

Wednesday, October 15, 2008

Amazing Denial!

There have been times when I rant regarding Bush's ability to display utter contempt for reality. It amazes me how anyone can live in a world so disconnected from reality.

Sarah Palin demonstrated a comparable display of denial when she shared with reporters that she was happy that the legislative committee found no legal or ethical lapses in her dealings with the dismissal of her former brother-in-law from the State Troopers.

Fortunately, she has not persuaded her fellow citizens of Alaska. The major newspaper minced no words regarding his distortions of the report.

It will be interesting to see whether or not her political future in Alaska will now be altered because of her amazing performance during the two months of public display that ends on 4 November.

Thursday, October 9, 2008

Real Irony!

There are so many negative points to be made of Bush that it is refreshing to share the delightful irony of the positive point made by Spain's Prime Minister, José Luis Rodríguez Zapatero.

Roger Cohen reports that Zapatero related the general conversation with Bush regarding his decision to pull his troops out of Iraq. As he said, the conversation was "unforgettable"!

But, then, he added the positive dimension of Bush's impact on Spain!

Zapatero said that, nonetheless, he had a “certain consideration” for Bush, because “I recognize that my electoral success has been influenced by his governing style.” In other words, Bush was so unpopular in Spain that he helped Zapatero win in 2004 and 2008.


Just think, we may now attribute the success of Obama not only because of his ability but he contrasts so favorably with Bush!

Wednesday, October 8, 2008

Political Realignment

Desperate to find some silver lining to the current mess our nation (and world) is in at this junction of history, it may just be enough to give Obama a huge victory in the election with strong Democratic gains in Congress. Were that to be true, it could serve as the basis for a realignment that will dominate the our national agenda for the rest of my life time.

The Big Depression surely was the major force in our national agenda until Goldwater emerged followed by many Republican presidents who started to endorse a very conservative agenda that polarized their party to the point that moderates were no longer welcome.

Our current mess which complicates the pre-existing disaster of misguided adventures into the Mideast, heavy indebtedness to pay for our excesses (including an unwillingness to tax those presumably supporting the decision to invade Iraq), as well as a total disregard for the Constitution, is now dragging the international community into the morass.

It may be enough that voters will realize that government is necessary if we are to enjoy the fruits of our democracy. Apparently, even business leaders are now searching for government to not only bail them out but to provide increase structure by regulating their efforts.

We have a few weeks left to wait until an answer will appear.

Tuesday, October 7, 2008

"It's hard to believe so much harm could be done to so many by so few"

So much has been written about the disastrous presidency of the present incumbent that it is difficult to add more insight. H.D.S. Greenway has been an acute observer of the international scene for many years. His review of Bush's presidency covers his right decision to invade Afghanistan, his horrendous decision to invade Iraq, his lack luster efforts to reconcile the Israel-Palestinian conflict, the current fiscal meltdown, and his righteous and reckless decision making that has made our nation a loser in the estimation of many throughout the world. And then, he winds up his review with the most insightful sentence:
When you think of Bush and his team, it's hard to believe so much harm could be done to so many by so few.

Monday, October 6, 2008

"The War Within" by Bob Woodward

Bob Woodward amazingly returns to the Bush presidency in his fourth volume, now dealing with 2006 until the middle of 2008. Like so much that is written about the Bush presidency, there is little "new" since so much has been written by so many.

It does amaze me that the White House and Bush would even allow Woodward to get pass the iron gates. His prior writings surely do not make Bush better than others who mock his leadership, discredit his inability to listen and initiate self-correcting actions when plans do not materialize as expected, and his inability to analyze complex matters.

This book continues along the same vein with one notable difference.

In the mid-2006, it became too clear to too many in the Administration that Iraq was becoming a real problem (for so many others, Iraq has "real" problems much earlier, but ....).

Various groups were charged with the mission to review what has been happening and suggest options. While it is puzzling to note how many groups were doing the same thing without any awareness that others were doing the same think under somebody's else's direction, e.g., Pentagon and State. The major review board (Iraq Commission) ultimately submitted a series of recommendations that strongly urged withdrawal as a method to increase the political reconciliation needed to ensure the ultimate security of the nation (former Senator Robb was unique in advocating an increase in forces). Most of these groups, including a group of military charged by Peter Pace, determined that more troops would be counterproductive. There were admittedly some exceptions, but one of the strongest advocates for an increase in military intervention, retired General Keene, seemed to carry the most weight with those who mattered the most, i.e., Bush.

Bush ultimately came down in favor of a minority who wanted an increase in military intervention. While often indicating that he was one who listened to his military leaders regarding what action to take, he proceeded on a course disapproved by the Joint Chiefs of Staff.

Like other decisions, it was clear to him that the mission to establish a basis for freedom in Iraq required us to secure the area before considering any reduction in forces.

He remained a man without second thoughts. He remained a man convinced of the rightness of his decisions. He remained, from my vantage point, the person who will clearly go into history as the worse president in our history.

Friday, October 3, 2008

Relief!

I was relieved that Sarah Palin did not embarrass herself. I did not want her selection of Vice-Presidential nominee of the Republican Party to result in her life-long disgrace. I would not want such for anyone, unless of course a person spends eight years in the White House destroying our nation economically and internationally! I only hope that Bush will remain locked up in Crawford, cutting bush, and seeing whether another administration can begin the long road to recovery!

Not only do the polls indicate that Obama is doing very well in most states, even those considered battleground states, I have been impressed by those who note that his calmness, moderation, and intelligence are winning the day. The latest commentator is a very conservative Republican, Charles Krauthammer, who notes that his approach during the election campaign contrasts so favorably with the questionable and apparently, impulsive actions of McCain.

While I am optimistic, more than ever, that Obama will win, I know that the reality of his position will result in the fact that he will never be able to deliver those programs that I want, in the way I would want them. I can only hope that he provides the leadership to address the problems of healthcare, international cooperation, and improvement in the lot of the Middle Class (through investments in green technology and infrastructure).

Wednesday, September 24, 2008

Bailout!

While one of my sons continued to deny my conceptualization of mortgage derivatives as a Ponzi Scheme, it seems that today the saying about something that looks like a duck and sounds like a duck is a duck is true! But, as in other matters, everything is so complex that our ignorance outweighs our knowledge.

I admit to being excited by what there is to learn from those more knowledgeable about investment banking. All sources of the media are inundating us their knowledge with opinions about what plans to remedy, or at least, establish some limits to the financial disaster affecting Wall Street and other banks.

What is clear is that no one really knows what to do with any confidence that a given plan will be effective. At the moment, I am struck by the importance of the taxpayers' being included in the actual equity of any firm that becomes subject to the terms of the bailout. The plan offered by Paulson does not meet this condition. Contrasted with 80% equity in IGA, his plan would only be profitable to the taxpayers IF someone was able to determine the right price to pay for the currently unmarketable paper.

James Galbraith innumerated eight principles that should be used to evaluate any plan that will be submitted for a congressional vote.

One of my favorite economists, Joseph Stiglitz, wrote a very detailed article explaining why the problems (four) will not be addressed by the plan developed by Paulson, even with the modifications by Congress (thus far). It scares me that someone like Stiglitz would have major problems with the plan that is being circulated by the public media.

Tuesday, September 23, 2008

Presidential Temperment

Voices are heard that Obama is too "cool", "intellectual", "cerebral" and does not get sufficiently angry and emotional when addressing our national problems. While understandable, Obama's approach seems very "presidential". He is not given to impulsive comments or actions prompted by unexpected crisis. He is steady, thoughtful, analytical, and consistent. He seems perfect for the position of President.

In contrast, McCain enjoys a history of angry outbursts, impulsive decisions, and a very moralistic approach to policies. What he perceives as "bad" must be discarded; "good" must be promoted, independent of other considerations. George Wills' overview is only of many that zero in on McCain's angry, impulsive behavior that is inconsistent with the office of President.

Hopefully, others will note it and vote accordingly.

Saturday, September 20, 2008

Our Foreign Adventures Revisited!

While there is virtually nothing new to add to the past ravings regarding our misadventures into foreign lands (Iraq unnecessarily and Afghanistan unprepared and unsustained). Historical blindness to the ethnic divisions and tribal loyalties, we ventured further into a hole that appears to get deeper with time (albeit, some signs of temperance in violence in Iraq cannot be denied).

Although famous, British journalist Robert Fisk is unfamiliar to me. His article in the "Independent" is a sober recasting any thought that more troops will make a difference in Afghanistan. It is unclear what is in order at this point since Pakistan is now deteriorating with their nuclear armaments in question.

What is clear is that we have an unmitigated disaster that could become even worse.

I will have to read more by Robert Fisk who seems to be extraordinarily knowledgeable and thoughtful.

Friday, September 19, 2008

Strange Happenings!

Events occur and one wonders what it was like to be present.

My older son started work at a New York law firm on 9/10/2001. On day 2 during the week of orientation, all routine was discombobulated with the destruction of the Twin Towers. His building shaked and people fled through Wall Street trying to make sense of what was occurring.

My younger son started work as a summer associate in a New York firm last year. And he walks into the subprime disaster of Bear Sterns! What an education received!

And, now he starts work as an attorney at the same firm on 2 September only to find Wall Street going under the following weekend!

Participating in historic events must be intoxicating (without dwelling on the tragedies involved).

Election: A Story of Motivation!

It is becoming clear that this election will not be motivated by anger at the eight years of Bush. Surprising as it is to me, many people are capable to denying this history by focusing on any one of a plethora of items surfaced by mass media to capture the imagination of people.

It is incredible to think that our history of free education (through high school) and the availability of college to so many has not compensated for what motivates people. It seems that people do not think through issues in order to be motivated to vote against their self-interests as well as the well-being of the nation.

If there has ever been a time when universal health insurance could be legislated, it seemed that this was the time. Virtually alone among developed nations, we have persisted in employer-based health insurance in spite of its ineffectiveness in covering the population and its intrusion into our economic well-being. If we could get out from under employer-based insurance, our products would be more competitive and our citizens would be more secure in knowing their health care needs would be addressed. And yet, we may end up with McCain whose program would only make matters worse by coming up with a system of tax credits to offset employer contributions that would be taxed.

You would think that five long years in Afghanistan and Iraq would have easily determined that the people would want a more thoughtful President whose thinking would maximize the opportunities to avoid warfare. And yet, McCain may be elected to lead us into a disastrous confrontation with Iran. As it is, we have severe problems in Afghanistan and Iraq is surely a nation struggling to accept ethnic diversity. And to think that we could compound our problems by destroying Iran's nuclear program is preposterous.

And now we have a melt-down of Wall Street resulting in unbelievable bailouts by the taxpayers. As one who is a supporter of regulations (cf. Robert Kuttner's various writings), it is not surprising that we have such a disaster. It is a problem not only in itself, but it compounds our long-standing international debt that has been piling up year after year, making us equivalent to virtually a failed nation. We are totally dependent on other nations to keep us afloat. And to think that our nation would elect McCain who is against regulations, until the a "crisis" appears, is ludicrous.

After eight years of a person who acts by virtue of his "gut" (cf. Woodward's books), we now have a chance to elect another person who temperament is far from the model he likes to image for himself. Whether it is views toward Iran, or his understanding of our economy being "fundamentally sound", or his "firing" of SEC Chairman (as though such a precipitous action is justified or reasonable), McCain acts precipitously. He is not a person given to thinking through problems; he is a person who reacts moralistically to crises as they emerge.

I wish that Obama would be more energetic (even if I cherish his thoughtful presentations) and would like to see him capture his thoughts more precisely (even if I could not imagine how such complex realities can be verbalized by sound bites). I wish that there was a caption that would motivate people to rise above whatever is motivating them to think of voting for McCain. But, wishing remains wishing! Reality will be determined by the voters who appear to be on a road that will continue the disaster of that last eight years.

Monday, September 15, 2008

Perspectives!

While everyone may recognize that there has been a change in how the two presidential candidates are perceived, especially since the selection of Governor Palin. Somehow or other, McCain's decision does not appear reckless and stupid as much as a sign that "he is his own man". Experience or its lack, long McCain's hallmark criticism of Obama, now seems secondary to his lack of executive roles compared with Palin. These changes are breathtaking.

I wish that I could take credit for the following list of perceptions that have been changed to accommodate Palin, but they are attributed to Mike Molloy.

The ironies of politics in 2008 in the US of A:
* If you're a minority and you're selected for a job over more qualified candidates you're a "token hire."
* If you're a conservative and you're selected for a job over more qualified candidates you're a "game changer."

* Black teen pregnancies? A "crisis" in black America .
* White teen pregnancies? A "blessed event."

* If you grow up in Hawaii you're "exotic."
* Grow up in Alaska eating mooseburgers, you're the quintessential "American story."

* Similarly, if you name you kid Barack you're "unpatriotic."
* Name your kid Track, you're "colorful."

* If you're a Democrat and you make a VP pick without fully vetting the individual you're "reckless."
* A Republican who doesn't fully vet is a "maverick."

* If you spend 3 years as a community organizer growing your organization from a staff of 1 to 13 and your budget from $70,000 to $400,000, then become the first black President of the Harvard Law Review, create a voter registration drive that registers 150,000 new African American voters, spend 12 years as a Constitutional Law
professor, then spend nearly 8 more years as a State Senator representing a district with over 750,000 people, becoming chairman of the state Senate's Health and Human Services committee, then spend nearly 4 years in the United States Senate representing a state of nearly 13 million people, sponsoring 131 bills and serving on the Foreign Affairs, Environment and Public Works and Veteran's Affairs committees, you are woefully inexperienced.

* If you spend 4 years on the city council and 6 years as the mayor of a town with less than 7,000 people, then spend 20 months as the governor of a state with 650,000 people, then you've got the most executive experience of anyone on either ticket, are the Commander in Chief of the Alaska military and are well qualified to lead the nation should you be called upon to do so because your state is the closest state to Russia.

* If you are a Democratic male candidate who is popular with millions of people you are an "arrogant celebrity."
* If you are a popular Republican female candidate you are "energizing the base."

* If you are a younger male candidate who thinks for himself and makes his own decisions you are "presumptuous."
* If you are an older male candidate who makes last minute decisions you refuse to explain, you are a "shoot from the hip" maverick.

* If you are a candidate with a Harvard law degree you are "an elitist-out of touch" with the real America
* if you are a legacy (dad and granddad were admirals) graduate of Annapolis , with multiple disciplinary infractions you are a hero.

* If you manage a multi-million dollar nationwide campaign, you are an "empty suit."
* If you are a part time mayor of a town of 7000 people, you are an "experienced executive."

* If you go to a south side Chicago church, your beliefs are "extremist."
* If you believe in creationism and don't believe global warming is man made, you are "strongly principled."

* If you cheated on your first wife with a rich heiress, and left your disfigured wife and married the heiress the next month, you're a Christian.
* If you have been married to the same woman with whom you've been wed to for 19 years and raising 2 beautiful daughters with, you're "risky."

* If you're a black single mother of 4 who waits for 22 hours after her water breaks to seek medical attention, you're an irresponsible parent, endangering the life of your unborn child.
* But if you're a white married mother who waits 22 hours, you're spunky.

* If you're a 13-year-old Chelsea Clinton, the right-wing press calls you "First dog."
* If you're a 17-year old pregnant unwed daughter of a Republican, the right-wing press calls you "beautiful" and "courageous."

* If you kill an endangered species, you're an excellent hunter.
* If you have an abortion, you're a murderer (forget about if it happened while being raped.)

* If you teach abstinence only in sex education, you get teen parents.
* If you teach responsible age appropriate sex education, including the proper use of birth control, you are eroding the fiber of society.

Thursday, September 11, 2008

Sober Moment!

My birthday is now eclipsed by the tragedy of 9/11, seven years ago. My older son's second day of work at a New York law firm was rocked literally by the disaster of the Twin Towers. Four planes were turned into kamikaze planes, now under the aegis of terrorists.

No one will ever know what our world would have been like under George W. if there was no 9/11. What we know is that the violence of 9/11 unleashed the irresponsible set of actions that have sent our nation into a new orbit that is perilously close to being out of control. Roger Cohen takes the liberty to cast a biblical spin on the cascading events of the last seven years.

From any vantage point, our nation is worse off. We are far from being safe. The chilling reportreport by security specialistsconfirms how inadequate our nation is prepared to prevent a disaster that would even worse than 9/11. We are no longer a role model within the international community. We not only do not lead, we resist following the leadership of others who want to deal with global warming and a more measured approach to international conflicts. And, we are now being burdened by a collapsed (collapsing?) economy whose hopes rest with the investments of other nations.

What a mess!

And to now witness the possibility that our nation will be led by someone like John McCain and Sarah Pahlin. Not only will our situation not be better, we can now fear that we will be alerted that our bombs have destroyed Iran's nuclear sites which will unwind whatever strength is left to our military capability.

To think that our nation will elect such leaders is bewildering. While I have not given up hope, I can appreciate what my adult son repeated often that I don't understand how the majority of the American public thinks. It looks like I don't and I am not sure how I will react to another Republican victory. I will be angry that the Democrats did not do what was necessary to win. And yet, I am not sure that what was necessary is consistent with either the values of Obama or myself. Apparently, you have to stop talking about issues and distort people beyond recognition. It does not matter whether there is any truth in what was said as long as it feeds a negative perception of the opponent.

Strangely enough, one virtue of being older is that I will be spared the drastic consequences of the eight years of Bush and the possible years of a McCain administration. I will never live that long and secondly, the domestic issues facing our nation, e.g., income inequality, inadequate health care for many, poor education for urban young people, will not impact me personally. I am one of those that is blessed. I just want others to share my state of affairs: education, health care, adequate income. It may be remain a dream for this nation.

Return to the Routine!

Routine can be boring or it can be comforting. The latter is true in this case. After a wonderful summer with family and grandchildren, life is returning to the routine (for them as well as ourselves). We have had more than our share of wonderful experiences.

We have eaten together, shopped, talked, and saw babies develop in our presence. We had one (and maybe our last) party that brought together over 40 adults and 14 children. Family visited, conversations ebbed and flowed with the rise and fall of the shrieks of little ones.

At the heart of the experience were grandchildren.







There was the party!



And, then, the capture of the 28" stripped bass!


What more could one ever ask of a summer!

Tuesday, July 29, 2008

State of the Economy!

It is hard to fault the presidential contenders for being so vague about what they would do to address the pitiful state of our economy. Admittedly, it is easy to criticize statements that appear ridiculous, e.g., McCain's claim that he will balance the budget by the end of his first term while keeping Bush tax cuts and not raising other taxes. However, what to do is a problem.

If there was one problem that touches on many aspects of the economy, it is the lack of appropriate regulations.

I am a supporter of those, e.g., Robert Kuttner, who advocate more regulations. While I have no problem with capitalism, per se, I do not think that the market forces adequately address all aspects of the economy. Without focusing only on the recent debacle with Freddie Mac and Fannie Mae which were systems that followed the rules of capitalism by rewarding profits but went another route so that losses could be socialized, I think that the general problems associated with the mortgage industry illustrate that financial instruments can be invented by Wall Street gurus that minimize the consequences of failures.

In addition, I believe that public utilities (energy and transportation) and health care cannot be managed only by market forces. However we emerge from our dependency on oil, it will take a partnership between private capital and government to ensure that investors can count on a return on their investments even if these profits are regulated. In turn, the government would also invest to entice private investors to expend their funds knowing that they will not suffer total failure. Transitioning to a new way of providing energy is unreasonably risky for private investors, especially when we do not have time to waste!

I also believe that the problems impacting air travel point out the failures of a market economy to address an industry impacted by extraordinary factors, e.g., price of oil. Not only are we now experiencing chaos, but the availability of flights is depressed. If air travel was regulated, prices could be adjusted to reflect these realities so that the public could continue to meet their needs. Health care is surely an example where the market cannot address the forces that increase costs without commensurate health gains.

"The Journey Home" by Dermot Bolger

It is hard to believe that it has taken nearly 18 years for this book to be published in the United States. It appeared in Great Britain in 1990 and surely deserves every accolade that great literature warrants.

In summary, the story captures the conflict of young people caught between traditional and historical Ireland and its emergence as a strong economic nation within the European Union. It is a rather disturbing story, but written so extraordinarily well that the reader is rewarded by its literary excellence.

I would love to listen to English majors critique this author's method of structuring the story around three times without the usual clear demarcations. Admittedly, I will have to read it again and possibly, even more times, before I can even understand how he transitions from the present to the past.

Over and above the structure of the story is his densely sentence structure in which he describes ever so finely scenery, emotions, and events. The author's background as a poet and playwright seemed to support his incredible use of such precise sentence structure and words.

A Different Summer!

When starting this blog, it never occurred to me that my absence would ever be noted. It has been over one month since my last entry. This summer may well become unique! It is hard to believe that a series of facts would align themselves that resulted in my son, daughter-in-law, and new granddaughter living with us for the summer while they transition between law school and work in New York City.

The summer has been as wonderful as envisioned. To have a grandchild wake up daily in your midst is no small happening. To see the joy in the small face when confronting another day is a reminder of a time long ago. To see developmental change again is as wonderful as when we first experienced it as parents. To be able to hold such an infant daily is a joy beyond reckoning.



At the same time, there has been some confusion. In contrast to this day when all are present elsewhere, I am seldom alone and when so, I feel a desperate need to read what is on my agenda. At the very bottom of the list of things to do has been golf! I have played only once thus far. But it has been rather easy to give up any blogging given the constraints of our current reality.

We most likely will never get back the opportunity to spend so much consistent time with any of our adult children and their families again (admittedly, we have seen little of my son who is studying furiously for the Bar Exam which is today and tomorrow). We easily find each moment rewarding and gratifying. At the same time, admittedly bedtime cannot come quicker! I have no comprehension how some grandparents actually raise their grandchildren out of default by their own children. It is hard to imagine where the energy would come from. It is hard to fight the aging process!

Monday, June 23, 2008

Obama: Is He Really a Change Agent?

While I remain a hopeful supporter of Obama, I am seeing signs of traditional politics intruding rapidly and strongly into his repertoire. In so many instances, Obama is now "changing his tune". Time table for getting out of Iraq, renegotiating NAFTA, abiding by the rules of public funding for the general election, energy policy issues, e.g., use of biofuels, have become instances of change that concerns someone like myself.

David Brooks' scathing column on the two Obamas (Dr. Obama vs. Fast Eddie)did justice to these concerns.

At the same time, there is a need for political astuteness. Naiveness is not a quality that needs to be associated with the President. Brooks closes his column by indicating the Obama is "the most effectively political creature we’ve seen in decades".

For the moment, then, I remain hopeful that his effectiveness can be coupled with his pledge to change the way our government operates.

Tuesday, June 17, 2008

Supreme Court Decision

Even after talking to the younger of my two lawyer sons in an attempt to determine the implications of the Supreme Court decision regarding the Habeas Corpus rights, or lack thereof, of those held in detention in Guantanamo Bay, I admit to confusion.

Thankfully, the "ingenious" inventor of some controversial memoranda at the Justice Department, John Yoo, has written an article critical of the decision that helped clarify my opinion of the decision.

John Yoo thinks that the decision threw out precedents giving the President full authority to deal with enemy combatants during war. In short, when war occurs, those held as prisoners fall outside our judicial structures. Given the precedents he cites, I can understand his claim.

But then, it became clear to me what is at issue, viz, "war".

I have never agreed to the fact that we were at war with any nation. The Senate has never voted a proclamation for war. What we have is Bush's rhetoric that the horrendous actions by some radical extremists represents "war". From my perspective, this was always an overkill, designed to stir up the fears of our citizenry.

I admit that the terrorists actions were extreme, but their agents were not going to be objects of warfare as much as police actions designed to root out those who either accomplished the acts or planned/supported them.

Thus, I conclude that we should provide habeas corpus procedures to those held since they should be subject to crimes that can be rightfully prosecuted in our courts.

Monday, June 16, 2008

"A Thousand Splendid Suns" by Khaled Hosseini

The author of "The Kite Runner" has written another masterpiece, "A Thousand Splendid Suns". While the actual story focuses on the plight of women in Afghanistan with all the horrors associated with their culture as well as the forces of tyranny (Taliban and the recurrent military adventures), it does at least end on a positive note. The sadness associated with the burdens placed on women was overwhelming, but the author was kind enough to end the story with hope, at least for a few.

Reading this book in the context of what we know about Afghanistan through the news, it is a puzzle to see how the efforts of any outside force will overcome the history of this people. The layers of loyalty, schematically aligned to different war lords, coupled with the rigidity of their religious and gender issues, seem gigantic obstacles to any change. It seems that outside intervention only stimulates their resistance to any change.

Saturday, June 14, 2008

Concerns re: Obama's Economic Policies

Until I read "The Shock Doctrine", I never heard of Naomi Klein. But, her book was extraordinarily well written and documented. It was a convincing indictment of the Chicago School of Economics, per Milton Friedman.

She now writes that Obama has named top economic advisers who come out of this school personally or are supporters of a strong market economy, even if such results in negative effects of the population.

Until Obama is really faced with the presidential decisions that are required when facing options, we will not know exactly what we are electing. To be sure, many worry about this lack of specifics and his ability to be moderate in his rhetoric without being clear about his actual preferences.

I am hoping that his support of free trade, something that is good not only for our nation but other nations, will not result in his discounting the negative effects of trade policies that do not support human rights, environmental standards, and economic realities.

As she states, one can support free trade while focusing on its current imbalances. I am hoping that Obama will demonstrate such a focus during his administration.

Kucinich: A Hero for the Constitution!

I have supported any effort to impeach George W. because it bothers me that any future president could believe that breaking the Constitution is not that serious since George W. got away with it! Knowing how negatively such a move would be for the political fortunes, I can understand why his 35 articles of impeachment did not survive (251-161 vote sent the bill to the Judiciary Committee and its death)!

However, the document is worth pursuing even if some of the articles are less convincing than others. Needless to say, there were enough from my perspective to justify the attempt to impeach George W. The lies regarding reasons for invading Iraq were enough to warrant impeachment of both Bush and Cheney.

No president should be able to thwart the Constitution is so many ways and walk away from the Office unscathed!

I admit that it would be terribly frightening to think that successful conviction would result in President Cheney, but it would be for a relatively short time (albeit, it does not take him long to create disaster; he probably would be invading Iran as soon as the oath of office was uttered).

I know that it hard to be so critical of someone elected not once, but twice, by the American public (granted, the outcome of the 2000 election was facilitated by the Supreme Court).

Only 219 more days!

Thursday, June 12, 2008

"What Happened" by Scott McClellan

There is nothing in Scott McClellan's book that has not been well documented by others. Points made by those who noted Bush's incompetence, his lack of openness, his proclivity to secrecy, his prostitution of the Constitution to justify to torture and lies have been well-documented. But, when the source of this information is one of those who came from Bush's history in Texas, a person with clear political history, it is noteworthy.

There is one major point that McClellan makes that is worthy of emphasis. He attacks the persistent need to promote those issues designed to make yourself and your party stronger in the coming election. The need to keep campaigning while governing results in an inability to be honest and transparent, to promote policies through deception rather than full discussion of the issues at stake, and neglect of the center in order to satisfy the base of the party's political support.

It is unclear whether his goal of focusing mainly on the needs of citizens rather than the desires of the party is realistic. Even in a parliamentary system, it is essential to get the support of your constituents or there is a vote of no confidence. What is true is that the Bush administration went further down the road than prior administrations to the point that the problem is highlighted. While I have hopes that the Obama administration will be transparent (they have initiatives to have all meetings open to the public and the possible use of internet for him to get public feedback prior to signing legislation), I am aware that politics is inherently designed to satisfy some more than others. It is hoped that the "some" is large enough to constitute a majority.

Wednesday, June 4, 2008

Life in the Fast Track!




In every chapter of life, there is a pace achieved that becomes homeostatic. As grandparents, we are searching for this homeostasis! We know that there is a point in time when everything is in sync! We look around the corner for the moment.

At this point, we are seeing the challenge of meeting eyes that won't quit, smiles that melt you, and cries that bug you! But we would not change the situation! We know the moment when the fast track ends, we will be that much closer to our eternal peace!

Moment to Rejoice!

It is hard to believe that we have reached the point where we know that a black person will run for the office of President of the United States! It is a moment to rejoice!

While it would have been great to see a female as president, I do not think that Hillary Clinton was the right person. Not only did she come with her "baggage", she also was coming with her husband who is a serious liability.

In contrast, Obama is the epitome of the right person to represent the unique category of a black nominee for the President. He has kept a level of calmness and consistency throughout the campaign. When in a bind, he did what he had to do without getting too angry and losing his sense of proportion. Somehow, he seemed to be a person big enough to assume this special office. He surely showed his ability to convey a vision for change last night during his acceptance speech.

While there are four more months of campaigning between the conventions and the general election, I look forward to his presence in the Oval Office. I look forward to people of color in the White House. I look forward to a time when electing a minority (eventually, such will be a white person) or a female will be no big deal. For the moment though, it is a moment to rejoice!

Friday, May 30, 2008

Weird Experience with Grandaughter!

I needed to take Nora Anne for a walk, i.e., I walk and she looks! I decided to take a longer route to her mother's workplace, thinking that maybe it would take long enough so that we could all walk home together. The walk was special for an unusual reason.

We walked through the grounds of St. John's Seminary!

It was quite weird to walk along the same pathways traverses years and years ago repeatedly with a total different vision of life. Discussing topics considered very insular by nature, i.e., most could care less about what we considered important, I now was thinking of the life taken, rather than the life planned.

It would have been inconceivable then that I would ever have made such major changes in my life. My commitment was strong and tested, i.e., eight years of such a restricted life-style should be some measure of dedication. However, in less time required for preparing for the priesthood, I left it without too much consternation (admittedly, there was some angst).

At the time, moving forward in another direction was clearly necessary. However, what the future would entail was very unclear.

And now, in this walk through my past, I was pushing along one of my four grandchildren who was perfectly content with her life as it is. I could not help but be grateful to the person who walked along with me all these many years or the children who have grown into wonderful adults with their chosen loved ones.

Such a walk brings the various threads of life together in such a beautiful tapestry.

"Common Wealth: Economics for a Crowded Planet" by Jeffrey Sachs

For those who read the author’s “End of Poverty”, this book is a further development of his efforts to mobilize people and nations to address the major issues impacting our world.

He identifies six major trends: (1) process of sustained economic growth has reached most of the world, (2) world’s population will continue to increase, (3) rise in income will be greatest in Asia, (4) people are living more in urban areas, (5) impact of human activity on the environment is significant, (6) gap between the richest and poorest is widening.

His approach towards addressing the major issues is based on the observation that none of the problems are peculiar to nation-states nor are they amenable to solution by nation-states. Without international cooperation, there is no possible mechanism to address the problems effecting our environment, population growth, and poverty.

He recognizes the need of universities, NGOs, governments, and private philanthropists to use their special talents in concert with others to address the problems. Resources are important and represent a small fraction of any nation-state (goal of 0.7% of GNP).

He has realistic methods to address the problems but recognizes that the United States government is itself a major problem. Our immense military and the use of its forces in places where it is counterproductive misdirect financial resources that could better be used to ameliorate real dilemmas in other parts of the world, not only out of a spirit of generosity but also self-interest in furthering our security and that of the world. He cites the following as proof of what our policies have achieved: “one day’s Pentagon spending would provide enough funds to ensure antimalarial bed net protection for every sleeping site in Africa for five years”.

To facilitate global cooperation, he recognizes that the United States has to radically change its foreign policies from one of arrogance to one of many working together.
It has to change its policies regarding population control, i.e., support contraception, increase its financial contributions, and work with other nations who initiate agreements designed to improve the situation.

As in his prior book, nations trapped in poverty require special attention. They have to be given the agricultural tools to become not only self-sustaining but make a profit to enable them to develop to a higher level, e.g., provide fertilizer.

Finally, he notes the importance of governmental support for infrastructure in order for any nation to develop its economy. Governmental resources are often supplemented by private resources, e.g., Gates, Rockefeller. Without such support, all the entrepreneurial skills of the peoples will fail.

Tuesday, May 20, 2008

Aggravation: Bush Style!

At least the days for Bush in the White House are limited! Amazed as I am that I am still more or less sane after reading some of his remarks, I wonder why I even pay any attention to what he does or says. His recent speech in Egypt nearly did me in! The man has gall to speak to others, presumably with the knowledge that what he is saying is filled with dishonesty, if not lies. I say “presumably” because I am not sure what passes through the synapses of his brain!

The speech was filled with statements that tested my resilience. Could I continue to care given the devastation this man has caused?

Bush referenced our ideals of liberty and justice as beginning a “revolution” that reached far beyond our borders. He referenced Chile, Indonesia, Poland, Philippines without blushing from the embarrassment of our countries complicity in doing such evil things as wrecking Chile by disposing of its legitimate president and killing the ambassador, creating economic havoc in these various nations (cf. “Theory of Shock Doctrine”).

Bush lectured the guests on the need to develop alternatives to oil. While this is true, he then indicated that our nation has “aggressively” proceeded with such strategies. In fact, he fought such actions most of his time he has been president. Only when the price of oil increased both rapidly with enormous increases was he forced to at least reference this need for alternatives sources of energy.
Bush then discussed the various features of democracy without shame for his inability to recognize popular elections unless the results are what we want (Palestine) and his interventions in the political process of nations, e.g., Pakistan, that are designed to meet his government’s goals.

And to top it off, he says, “free societies give citizens the rule of law, which exposes corruption and builds confidence in the future” while his presidency has abandoned the rule of law, e.g., permission to torture, signing statements to not abide by congressional legislation, denying habeas corpus to detainees, privacy of public office to the point that our government no longer exemplifies the spirit or letter of the Constitution.

By my count, there are 244 more days left before he can proceed to cut his brush!

Monday, May 19, 2008

The Death of Political Conservatism!

While it may be premature to announce that political conservatism is dead, I share some joy in reading that some see its demise, at least in the form known in recent history.

I was first made aware of the "inside" drive toward modern conservatism when reading two of the books of Kevin Phillips ("Wealth and Democracy: A Political History of the American Rich" & "American Theocracy: The Peril and Politics of Radical Religion, Oil, and Borrowed Money in the 21stCentury"; I have not yet read his new book, "Bad Money").

Essentially, he relates his personal involvement in devising the great political strategy that would ensure Republican control of the White House and Congress. He was a genuine conservative, one whose interests were consistent with the party’s history, viz., fiscal conservatism and an emphasis on the individual rather than promoting the role of government. His books lamented its sinking into fiscal irresponsibility and right-wing ideology supported by Christian evangelicals.

Now, George Packer has written a long article in the New Yorker that depicts how the Republican Party has essentially run out its strategy and is left without any ideas and a major lapse from traditional conservative principles.

We can thank George W. for his role in ruining whatever hopes that conservative wing of the Republican Party had for enduring political conquests. Now, it is clear that their inability to govern (contrasted with their history of political victories) has resulted in their inability to deal with the real problems as perceived by the vast majority of Americans: economic stability, healthcare, global warming.

I encourage the reading of George Packer’s article (link above).

Newly Minted Law School Graduate!

His existence wrapped around siblings’ wishes,
Given knowledge, experience, love, and support,
He emerges from academia with knowledge and skills,
Eager to share his gifts, as others to him.

Excellence in law while married and, now, a parent
Comes with challenges others parry,
But also joys in having his achievements
Shared by his special loved ones.

Memories of yesterday falter before today’s reality,
Now a trusted sibling and son,
Tomorrow, a person with counsel,
Always, one bringing laughter.

Rather than standing on sibling shoulders,
Now walks as equals,
Sharing parents’ love and pride,
Lawyer born yesterday, stands tall.


Thursday, May 8, 2008

Pastor Wright Controversy!

I anticipate little support for my version of the Obama/Wright controversy. However, in spite of the published negative reports regarding Pastor Wright, I am one who views the controversy through another lens.

First, though, it must be clear that I wish that Wright was somewhat more nuanced in some of his words and less happy and raucous in his press conference. Having said that, however, it does not alter my basic perception that Wright was on the side of Right.

My perception originates from my personal experience as a priest. Without justifying myself any more than there is a need to justify Wright, I did perceive my role during the 60’s as speaking Truth to Power. While it sounds audacious to think that a young priest would feel compelled to address the morality of civil rights and the Vietnam War, for example, I could see nothing more pertinent to being a Christian than one’s approach to these basic issues of the day. My experience was less than great! Essentially, many protested by walking out on my sermons, many boycotted my liturgies (called to be sure that they would avoid the liturgy that I would lead), and ultimately, signed statements for my removal. At the time, this may have been somewhat unusual in suburban Boston, but it was within the scope of what many considered paramount religious leadership (consider the likes of William Sloane Coffin, Martin Luther King, the Berrigan brothers).

It was a small transition to adopt liberation theology coming out of South America (Leonardo Boff (Brazil), Jon Sobrino (El Salvador), Gustavo Gutiérrez (Peru)). While the Vatican resisted this type of theology, it was clearly relevant to understanding the situation of the poor in nations where their resources were aligned to the few. Liberation theology fit well with the scholarship of Dominic Crossen et al. who saw Jesus as a reformer, as one who was not interested in starting a religion as much as addressing the injustices of the society (including Judaism) in which he lived.

And during my life, I am aware of the injustices and crimes committed by our government (please consider a recent blog on “The Shock Doctrine", April 22). What our government has done and continues to do, e.g., Iraq, torture of detainees, lies, surely makes me angry, if not livid.

If I were a person of color, especially black, it does not stretch my imagination to consider how deeply I would feel that I and my brothers and sisters have been short-changed, regardless of my present status. While I respect the likes of Obama and Crosby who want the Black adults to assume personal responsibility for the lives of their family members, I am also aware that the history of neglect causes scars that run deep.

And thus, I listened to Pastor Wright and, rising above his egotistical appearance at the Press Club (smiling in a self-justified manner), I did not find much to disagree with. I wished that he did not interpret the controversy as an attack on the Black Church; I would prefer that he said an attack on a legitimate theology within the Christian tradition. But, this is a small criticism.

While my personal theology has changed rather dramatically during the past few years, the basic thrust of social justice remains strong. Jesus was in the business of reform. The thrust of his message to love one another is comparable to Kantian philosophy that behavioral norms should be based of what is applicable generally or John Rawls’ perception of justice as that which you would want if you were on the lowest ladder of the socio-economic structure. Without social justice, I cannot expect that peace will be a common phenomenon.

At this point, we look back during the past eight years and there have been few strong voices against the Bush administration. Surely, the media have not focused strongly on the truth of deceit and lies supporting the Iraq invasion and subsequent catastrophes, e.g., Gitmo and Abu Ghraib prison. The press has been criticized for abdicating their role. In general, our religious leaders have not taken on our government’s immorality (war is a moral issue for me) as was done during the Vietnam War. There were some, like Pastor Wright, who used the rhetoric of anger to point out that public, i.e., government, behavior matters.

When the tragedy of 9-11 occurred, my initial reaction was, “What have we done to warrant such anger?” When I read about our excesses in the use of natural resources, I read through the lens of the Third World. How would I feel if I suffered under the conditions common among these poorer nations? When I read that the World Bank, under the domination of the United States, provides loans under conditions that doom the borrowing country to become even more impoverished, I get angry.

Who speaks out about these injustices? I surely did not invent the facts; they are available to all. Yet, the silence among our leaders is breathtaking! And, one could say, “What have I done?” Admittedly, not much (except for the few in my family or friends who have little choice!!). Whether one agrees that a pulpit should be the source of such anger, it remains the only one available to some.

However, the controversy did present problems for me regarding Obama. It was his books that originally turned me on to his potential for being a great leader. In these books, he discussed convincingly his conversion to Christianity and the role of Pastor Wright. The only conclusion I had was that he was a regular church participant of the Trinity Church. Yet, he now claims to have never heard much of what has been attributed to the Pastor. It does not sound credible. Secondly, he did not defend more convincingly the positive role of liberation theology. He could have referenced many, such as James Cone, Professor of Systematic Theology at Union Theological, who have spent their academic careers on this topic. It is not a niche theology known only to a few. And, there are many others, e.g., Martin Marty of University of Chicago, who are relatively moderate who also participate regularly in the worship at Trinity Church.

I wished that the media would not focus of such peripheral items. I wish that the media focused on substance. I wish that Pastor Wright had postponed his responses until another day or ate the controversy as a price for his service. I wish a lot of things, but wishing does not make reality.

We need people to tell the truth. If there is no one in our national leadership who will do it, if the press continues to serve more as a mouthpiece of power, then the only hope is that religious leaders who exercise their prophetic role that has been highlighted throughout the history of Judaism and Christianity.

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I note that in the current edition of TIME (May 5, 2008), Michael Eric Dyson published an article ("Understanding Black Patriotism") that addresses the issue of patriotism from the perspective of a black person. The history of black persons serving our nation in war as well as in peace, while at the same critical of their status in our society, is overwhelming.

More recently, Sebastian Mallaby discusses the controversy as a sign of our impoverished our political culture is. Distinguishing true issues from the peripheral appears too hard to do.