Sunday, September 14, 2008

Foreign Policy Doesn't Count In Elections

During the presidential primaries Barack Obama was criticized for lacking foreign policy experience. Now vice-presidential nominee Sarah Palin is suffering the same attacks.

Historically, though, American voters could care less.

Only two presidents elected since 1824 could claim foreign policy experience before taking office. The first was Dwight D. Eisenhower, who commanded multinational armies in Europe during World War II. The second was George H.W. Bush, who was ambassador to the United Nations, head of the American interest office in China and CIA director.

Other than Bush, only two vice presidents in the nation’s history held foreign policy credentials prior to election. John Adams, the nation’s first vice president, negotiated the peace treaty between the fledgling United States and Great Britain. Thomas Jefferson served as secretary of state before he became the nation’s second vice president.

By nominating McCain and Obama, voters have once again declared foreign policy experience and issues of secondary importance to the other characteristics and ideas they want from a national leader. Let’s get over it and move on.

Wednesday, August 13, 2008

Obama And The Baby Boomers

Alec MacGillis blogs at washingtonpost.com, "Not only is McCain getting walloped in the polls among under-30 voters, he is also trailing or barely breaking even among voters in their 40s, 50s and early 60s -- those who one might expect to be less open than the youngsters to Obama's charms."

That's right and the reasons are easy to figure out.

For one thing, McCain's old enough to be the father of a lot of those voters. If you're a boomer, sit back, close your eyes and think of your dad running the country.

McCain also sneers at Obama's lack of military experience. Most Baby Boomers never served in the armed forces. Voters don't like to be sneered at.

Then there's Iraq. McCain remains gung ho about that stupid and unnecessary war. Boomers in their late '50s and early '60s remember the Vietnam War as stupid and unnecessary as well as all the pain it brought personally and to the nation.

Baby Boomers also are accustomed to change -- cultural, political and social -- because they grew up in a swirling, turbulent era. Many embrace it -- after all they invented the Internet and the Web.

Most important is the fact Boomers have been through enough in their lives to realize that a President Obama isn't going to wreck the country and are willing to give him a chance to shake things up a bit.

Tuesday, August 05, 2008

Street Economics Q3

As the depression worsened, Congress increased taxes across the board. The unintended result was decreased spending among consumers and businesses alike, and the country sank deeper still into the Great Depression.

-- Wikipedia

Gov. Arnold Schwarzenegger proposed during private negotiations over the weekend to close the state's $15.2-billion budget gap with a temporary but immediate one-cent hike in the state sales tax.

-- Los Angeles Times, Aug. 5, 2008

"Hair" Then and Now

A New York Times story on a revival of the '60s musical “Hair” and its social context includes an interview with Gail Furman, who admittedly was contemptuous of those who fought in Vietnam. “I was very angry if people didn’t burn their draft cards,” she said.

Today, psychologist Furman counsels veterans retuning of the Middle East wars for whom “she feels sympathy and support.”

Like Furman and millions of others who grew up during the “Hair” era, my opinion of people who serve in the military has evolved. Sadly, it took us two unjust wars and 40 years to reach a conclusion we should have understood intuitively.

Sunday, August 03, 2008

SF Chronicle Thinks Outside The Box - Sort Of

The city and county of San Francisco plans to double the fee charged newspapers for selling their dubious wares in street-side boxes. The idea is to help pay for the installation of kiosks to replace often battered and always unsightly individual vending machines.

The San Francisco Chronicle is aghast at this attack on free speech.

As Chronicle reporter Victoria Colliver wrote yesterday:

"In an era when newspapers are under extraordinary economic pressure, this measure will result in the abandonment of news racks by many publications in many areas, adversely affecting the flow of information to the public and those involved in the distribution network," Jonathan Donnellan, counsel for Hearst Corp., which owns The Chronicle, wrote in a letter to the mayor.

The newspaper's zeal for upholding the public's right to know was somewhat less in evidence on Sept. 24, 2007 when it announced without explanation:

"The price of a seven-day home delivery subscription will increase by 30 cents to $4.75 per week effective Monday, Oct. 1, 2007. Prices will be higher in certain outlying areas." (That's 14 percent.)

The Chronicle's position is clear: Freedom of speech and an informed public are safe as long as the money involved goes into its pocket instead of someone else's.

Monday, June 02, 2008

The Creator of Rock and Roll Is Dead

"Mr. Diddley always believed that he and Chuck Berry had started rock ’n’ roll, and the fact that he couldn’t financially reap all that he had sowed made him a deeply suspicious man.

“I tell musicians, ‘Don’t trust nobody but your mama,’ ” he said in an interview with Rolling Stone magazine in 2005. “And even then, look at her real good.”

-- The New York Time

Saturday, May 24, 2008

Taking Risks In Life

Ask most people why they cling to jobs they hate and they cite the desire for a regular paycheck and company-subsidized benefits. There's just too much risk involved in starting their own business or becoming a free agent, they argue.

Ask the same people why they invest in mutual funds rather than individual company stocks and they say they don't want to bet their economic future on the success of just one or two companies.

The contradiction inherent in those two statements explains why so many people limit their potential, both personal and financial.

Monday, May 05, 2008

Why I'm The Perfect Corporate Director

Yahoo's board sheepishly followed CEO Jerry Yang's lead and voted to reject Microsoft's takeover offer. I am sure part of the directors' decision process was based on what they might lose in compensation. Fees, options, that kind of stuff.

While understandable, such personal considerations are all too prominent among so-called independent directors of publicly held companies. And they are wrong. So, I offer myself as the perfect corporate director.

What makes me perfect is my personal philosophy, best expressed by Neil McCauley, a lifetime criminal portrayed by Robert De Niro in the movie Heat.

"A guy once told me: do not have any attachments, do not have anything in your life you are not willing to walk out on in 30 seconds flat if you spot the heat around the corner."

Sunday, May 04, 2008

Who Should Take The 3 a.m. Call?

"I want the Iranians to know that if I'm the president, we will attack Iran," Mrs. Clinton said. "In the next 10 years, during which they might foolishly consider launching an attack on Israel, we would be able to totally obliterate them."

Mr. Obama said: "It's not the language we need right now, and I think it's language reflective of George Bush. We have had a foreign policy of bluster and saber rattling and tough talk and in the meantime have made a series strategic decisions that have actually strengthened Iran."

- The New York Times

Friday, May 02, 2008

The Adventures of Johnny Bunko

Business Book Creates Chopstick Shortage
Author Daniel Pink, expert, blame engineering subculture

SAN JOSE, Calif. – Plastic forks are rapidly replacing traditional wooden chopsticks at Chinese restaurants throughout the San Francisco Bay Area and a career advice book apparently is the reason.

The Chinese Fast Food Coalition, which represents 140,000 restaurants in the nine-county area, says customers are stealing thousands of disposable chopsticks to summon a sexy, Gen-Y genie in the book The Adventures of Johnny Bunko.

Forced to work through the night, disgruntled office worker Johnny Bunko drops into a Chinese takeout restaurant and is given six pairs of chopsticks. When he rubs a pair together, the genie appears to teach Bunko and his friends the keys to career success.

“It seems a lot of people think the genie is real and want to meet her,” says Ken Wong, EVP of the association. “She’s kind of hot, but, jeez, stealing chopsticks?”

Pink, a best-selling author (Free Agent Nation, A Whole New Mind), lecturer and business consultant says the phenomenon likely erupted in the Bay area because of the high concentration of engineers.

“A lot of engineers spend 20 hours a day focused on left-brain activities like linear logic,” Pink says. “When confronted with a right-brain challenge, such as relating what they take in to experience, they're completely lost.”

Bill Bucy, a writer and 20-year Silicon Valley resident, agrees with Pink but adds another factor.

“I’ve met hundreds of gearheads incapable of expressing ideas in a language other than code,” he says. “Bunko was created in the Japanese manga (comic book) style, which makes it more widely understandable within their subculture.”

Tuesday, April 15, 2008

Economists Drive AMC Gremlins

"The speech also came the same morning the Labor Department reported. . . . inflation at the wholesale level soared in March at nearly triple the rate that had been expected as the costs of energy and food both climbed rapidly."
-- Associated Press

Saturday, March 29, 2008

One Bad Decision Leads to Another

"A 19-year-old suspect was arrested on Friday in connection with a series of highway shootings near Charlottesville, Va., that left two people with minor injuries, the state police said. . . .

"Police officers said [Slade Allen Woodson] was the owner of an orange 1974 AMC Gremlin that appears to match the one seen in a surveillance tape of the shooting at the credit union on Thursday."
-- The New York Times

Friday, March 14, 2008

Street Economics - 1Q 2008

The brilliance of Street Economics is such that it doesn't have to wait until the end of the month to sum up the the U.S. economy. Learn from the facts:

Internationally, ticket vendors at the Taj Mahal refuse U.S. dollars and Bolivian banks urge customers to save in euros.

Domestically, the price of a drink at La Bodeguita del Medio in Palo Alto, Calif. is up 25 cents and a gallon of gas in the tank of its customers' Bentleys costs $4.11.

Really, is there anything else than can or should be said?

Wednesday, March 12, 2008

What Spitzer Should Have Said

New York Gov. Elliot Spitzer resigned because he got caught fooling around with high-dollar prostitutes. He said something to the effect that the citizens of New York deserved better.

Just once, I'd like to hear an embarrassed public official stand up and talk straight. Maybe something like:

"It is true I visited prostitutes and on more than one occasion.

"I have been asked if I intend to resign. My answer is no and here's why:

"If every elected official who committed adultery was to resign, our state and our nation would descend into chaos. Modify "committed adultery" with the phrase "by visiting a prostitute," and things might improve some, but less than many might think. I refuse to buy into that game of moral hypocrisy.

"Instead, I will allow the constitutional and political processes to play out. If the voters attempt to recall me, I will make my case to them directly and respect their judgment. If the legislature attempts to impeach me, I will wage an aggressive battle armed with the constitution and the law.

"The only legitimately aggrieved people are my wife and daughters. Their feelings and what happens to our family because of my actions are nobody's business."

"I will say nothing more about this situation until events require."

Wednesday, February 06, 2008

A Fantasy Job Ad

We seek a highly professional (insert job) to help take our company to the next level.

The ideal candidate will have at least 10 years of relevant experience coupled with a track record of increasing responsibility that goes beyond mere job titles. Deep management experience is a must because he or she will be responsible for building and leading a diverse team.

This position requires energy, creativity and first-rate organizational skills.

Note: Regardless of other qualifications, applicants must prove they were born on or before Jan. 1, 1968 to be considered. We do not discriminate on the basis of gender, race, ethnicity, country of origin, sexual orientation, religious beliefs or disability.

Sunday, January 06, 2008

Stealing From Obama

Barack Obama has offered just one thing during his run for the Democratic presidential nomination: the hope for change in the nation's political leadership.

That's pretty much all he offers at this point, but it is no small thing. He is different in many ways and his idealism seems sincere. He does not carry the baggage of years and years going along to get along.

That makes his opponents' sudden adoption of his theme so patently cynical. "Wow," they say, "that change thing of Obama's worked pretty well in Iowa, so maybe I should be for change, too."

There are legitimate reasons to vote for other candidates. But their me-too assumption of Obama's theme simply shores up his claim that he alone offers fresh leadership and new thinking.

Friday, December 21, 2007

Bad Times Ahead In 2008

Based on my Sreet Economics Index, 2008 is looking as dark as Dick Cheney's soul. The evidence -- all of it true:
  • My house cleaner came into an inheritance but still shows up every week.
  • The Popov Vodka bottles at A-1 Liquor are dusty.
  • Panhandlers are asking for quarters again.
  • My eHow article "How to Prepare For Being Fired" got 82 hits in three days.
  • I wrote it for $15.

Wednesday, December 19, 2007

Forget the Illegals - Deport The New Yorkers

So I'm having a quiet drink at a bar and a couple of guys from New York sit down and launch into the "you can't get a decent bagel/pizza/pastrami sandwich in California" thing, including the worn out "surfer dude" imitation.

Typical New Yorker - walks into a place full of drunks and announces, "I'm a jerk and I hate everyone here."

These same bozos headline their online personal ads "New York City Native Here." Sorry homes, you've just labeled yourself as loud, obnoxious, patronizing and dumb. Why dumb? Only other people from New York will respond so you just eliminated 99.99 percent of the California dating pool. (Almost as bad are the ones who post "East Coast Native," which translates into, "I'm as annoying as a New Yorker, but not remotely as interesting.")

Instead of deporting hard-working hotel maids trying to feed their families, the homeland security people should round up all the New Yorkers in California and drop them off on Ellis Island for redistribution.

Maybe then I could finish my organic, artichoke-infused martini in peace.

Thursday, December 13, 2007

The Argument Against Steroids in Sports

The Mitchell report today nuked about 80 baseball players for using steroids, human growth hormones and all that other nastiness, save for amphetamines, the "greenies" Mitchell and the MLB know virtually every player takes or took.

Flaws and all, the report makes one salient point: the use of drugs like steroids and human growth hormones gives athletes an unfair advantage over competitors who worry about testicular shrinkage or whether they might fly into a rage and murder their families.

So what's to do?

Random blood tests for an ever-expanding list of performance-enhancing substances conducted by an independent agency. If, as so often said, the majority of players don't use them, the players' union could easily vote to change its position. And if the penalties are severe enough, at least some measure of compliance with reasonable rules would result.

Absent that, how could anyone ever bet a game?