Saturday, March 26, 2016

Trump Will Destroy the Economy

Look at a Trump presidency purely in the context of dollars and cents and tremors of fear set in.

Trump wants to slash tax rates, which, he and other believers in fairy tales, will set off an explosion of economic growth. They aver growth will flood federal coffers with money to pay for a war against ISIS as well as the estimated $400 billion to $600 billion to fulfill his pledge to deport all illegal immigrants currently in the U.S.

Unfortunately for Trump and the other myth-makers, cutting taxes achieves nothing more than lower revenue. Ronald Reagan slashed taxes and tripled the national debt.  The Bush II tax cuts racked up a $3.29 trillion deficit and stuck Barack Obama with a budget that added another $1 trillion during his first year in office.

OK. So Trump will just have to trim the bloated federal bureaucracy to even things out. Won't work. According to the Center on Budget Policy and Priorities, non-defense discretionary spending in 2015 was $585 billion, or just 15 percent of the total. Perhaps we should have a national plebiscite on which parks to close, what roads should go un-repaired, whose crop subsidies should disappear and how many border patrol agents should be laid off.

What about Trump's capitalist cronies? According to a wide range of news reports, he scares the crap out of them. The money guys can thrive in any number of environments but start to get nervous when uncertainty is the order of the day. And no one has ever tried to argue the name Trump is a synonym for stability. "From an economic an market point of view, a Trump presidency could be a disaster," Barry Randall, a tech portfolio manager for Coverstor told U.S. News. Is it any wonder that Wall Street money mavens backed Hillary with  $21.4 million by the end of 2015 to back Hillary?

Trump has already turned off much of the world and not just  because of his crassness and ridiculous hair. He has proposed a 45 percent tariff on manufactured Chinese goods. China is expected to surpass Canada as the U.S.'s largest trading partner this year. It also holds more than 7 percent of the debt incurred by tax-slashing Republicans.

Oh, well.




Thursday, January 08, 2015

Be Bold ... Not Old

            Not so long ago the one thing guaranteed to set my eyes rolling was an old person nattering on about his or her latest medical problems or such ancillary topics as health insurance co-pays and the outrageous cost of medicines.
            Today, I sometimes begin conversations with the admonition that those around me must immediately stop me from droning about exactly the same topics, all of which are increasingly fascinating to me.
            I also search for shampoo to enhance the gleam of silvering hair. I accept senior discounts at the movie theater even though I don’t really qualify. When my dentist warns my tooth implant might last only 10 or so years, I shrug. 
            All that makes it logical to conclude I am evolving into that creature known as an Old Fart. Maybe, but I am not so far gone I an unable to fight back. And as they declare in those weepy too-much-information stories, perhaps my experience-based advice can help save others from the worst bits of (in this instance) senescence. Here’s what helps me:

            Embrace tech. Upgrade your computer and your smart phone regularly. Use GPS in your car. Stream video to your HD-TV and save your memories in photos and videos you store in the cloud. Learning to take advantage of all your gizmos (if not all their features) offers a sense of achievement and gives you something useful to discuss rather than the side effects of your new meds.

            Buy cool stuff. Everyone lives on a budget of sorts. But everyone also must replace possessions as they wear out. When that happens buy absolutely the best and coolest you can afford. Maybe you only have enough money for a compact car, but there are a number out there with convertible tops and, yes, they have automatic transmissions for when you start to get a bit shaky. Only need one suit or formal dress as time goes on? Fine, but choose the best in the store and make sure it’s in style. Looking and feeling sharp count when it comes to happiness.

            Cop an attitude. Be careful with this one and don’t become the neighborhood crank or the curmudgeon who urges the city council to vote ‘no’ on everything. But if you care pro or con about something take advantage of feedback options in online publications or even start your own blog. It is personally liberating to mouth off intelligently even when others disagree or children are embarrassed.

            Avoid old people. Of course, you don’t want to completely ignore them as your peers will age and become your most relevant support group. But avoid drowning in the downside of aging by constantly cultivating relationships – or even acquaintances -- among people of varying ages. It will keep your mind ticking along as well as create a continuing connection with the more active stages of life. Even after your own children are grown and gone, some kid noise from next door can be invigorating from time to time. Some.

            Don’t enjoy aging. Doing one’s best to enjoy life at every age is a worthwhile goal. But creaky backs, memories full of holes and the loss of friends and loved ones are not elements that make for a period of life eagerly sought, like young adulthood is to a teenager. Do what you must to stay happy but always feel free to get angry about the negative bits as you get older. It will only prove you are young at heart.


Saturday, December 27, 2014

Wimpy Cops?

So hundreds of NY cops turned their backs on a video screen showing Mayor Bill De Blasio's eulogy to a murdered officer.

Is that their best shot? Turning their backs to a video image? Only a completely self-absorbed group of people could possibly believe a pol like De Blasio would even faintly blush at such a move.

And only an outsize collective ego would use the funeral of a colleague to make any kind of political statement.

Feel disrespected, officers? You can start to fix that by getting over yourselves.

Wednesday, December 17, 2014

Hillary Bush for President

I have given up on the notion that we will have a president with a surname other than Bush or Clinton for some time to come, so this is how it will shape up.

It's about damn time we had a female president so that's eight years for Hillary. Jeb Bush will be 69 when he's inaugurated after that, a bit long in tooth, but only a couple of years older than Hillary when she took over.

Chelsea Clinton will be 50 a month after Jeb hands over the reins. Or, if you prefer, the Bush twins, a year younger, could set a precedent by sharing the job. Maybe Jenna could handle domestic matters while Barbara focuses on foreign policy. Or vice versa. It's really up to them.

There will be plenty of other job openings in government for other people. But for the forseeable future, the presidential dynasties look solid.

Sunday, December 14, 2014

I'm Not a Hero

After 9/11 everyone - and I mean everyone - who wore a uniform was hailed as a hero. It didn't matter if their assignment was to nab shoplifters, deliver fire safety lectures to grade schoolers or mix drinks at the officers' club. Dress in green, blue or khaki for work and get ready for reverence, thanks and unending preferential treatment.

That was bad on us, the fawning public that insisted the cops and firefighters and soldiers and sailors adorn a pedestal for accomplishing nothing more than showing up for work.

Somewhere along the line, though, many folks in uniform came to believe their own PR and started seeing themselves as professional heroes.

That's why St. Louis cops were comfortable demanding Rams players be disciplined by the NFL for a silent protest against questionable police shootings. It's also why New York City cops decided they could try to exclude the mayor - their boss - from police funerals for doing nothing more than raising a few questions about their behavior.

Let's go back to pre-9/11 standards and declare heroic risks and actions are required for reverence to be awarded. Assigning praise for nothing more than wearing a uniform demeans those who make the sacrifices that define the word hero.

Sunday, August 05, 2012

I Live In A Slum

I just learned that, according to various sources, the median home price in Palo Alto, California is somewhere around $2 million.

Those same sources note the median home price in my Zip Code within Palo Alto is a shameful $954,000. My online research also showed the estimated market value of our home is well below the 94306 median.

I am stunned but educated.

I  now understand why some people look at me differently when they learn I live south of Oregon Expressway. I can figure out why the flicker of a smile when I note our home is west of El Camino Real is just a twitch.

I am so ashamed.

Tuesday, May 01, 2012

No Franc Talk From Romney

I don't much care that Mitt Romney is wealthy. It's no big deal to me that his tax rate is lower than mine. But this $3 million Swiss bank account thing bugs me.

Justified or not, there is something nefarious about an American possessing a Swiss bank account. It says he's hiding something. That Romney declined to include income from that account in his tax return is just plain cheating regardless of the amount.

As for Newt Gingrich trying forgetting to include $252,000 in income on his presidential campaign report -- well, what else would you expect?

Thursday, April 26, 2012

Booze, Bullets and Bada Bing

Revelations that Secret Service agents might have enjoyed the favors of a more international roster of prostitutes than earlier disclosed raise important practical questions. And they involve booze and guns.

Americans tend to get all riled up over matters of morality and image and such things. In that context the notion of federal agents cavorting with hookers is worth a dark scowl. But the level of scrutiny into the sexual peccadilloes of hyper-macho guys in a testosterone-fueled profession is misplaced.

Investigators should focus on factors far more serious and relevant to the mission of the agency under fire: How much these gun-toting romeos were drinking and how late they were staying out at night.

No scientific study is needed to conclude that hangovers and exhaustion are antithetical to optimum job performance. And when the job at hand is protecting the president of the United States, it isn't too much to ask that agents exert a higher level of personal discipline than a bunch of plumbing supply salesmen at their annual convention.

It doesn't really matter whether the agents involved had front-line protection roles. Supposedly all their work is important to the mission of preventing harm to the president and other top officials. Missing a detail in a report or blowing off a boring task to nurse a hangover can carry devastating consequences.

When the Secret Service fires agents for hanging out with Colombian or Salvadorian hookers it is attempting to preserve its public image. That is far less important than determining whether the agents involved compromised their mission through their behavior.

Sunday, April 22, 2012

Pencil Me In

Mellville House
Artist David Reese has written a profound book: How to Sharpen Pencils.

Laugh if you will, but I am sure in my heart Rees' thoughts on the artistry of pencil sharpening will be quoted for years to come. That he is an artisanal pencil sharpener demonstrates his commitment to wood and graphite communications.

Yes, I am, indeed, a pencil person, I have long believed even the most perfect pen has less personality than the five-cent, basic yellow No. 2 we gnawed on as schoolchildren.

The eraserless stick pencil favored by pre-computer-era newspaper editors remains my favorite. I own a small collection of yellow pencils from the San Diego Union-Tribune Publishing Co. and black ones from United Press International. Different in girth and the firmness of their "leads," they each reflect their organization's personality.The Union-Tribune sticks are sturdier and draw a sharper line. UPI's are thinner and wear out more quickly.

When these declining examples of history are trimmed to stubs, I "point"  them one last time and stick them in the pockets of jackets and coats to make sure I will always have something with which to record ideas and the many things I hear and see and absolutely must remember.

One day these artifacts of more halcyon days will disappear into a pile of paint flecks and sawdust. I will be sad. But I will also know that they were used as their creators intended, to communicate and enlighten and amuse. And that will make me less sad.


Tuesday, March 27, 2012

I Must Buy My Car From the Government

Reuters
As we listen to the Supreme Court arguments on the health care law, understand one point: The federal government already requires each and every one of us to purchase certain products.  Like my car.

I must pay for all kinds of gizmos and features mandated by the feds, including seatbelts, catalytic converters and air bags.

The feds also insist I purchase unleaded gasoline. They tell me I have no choice but to pay for tires that meet specific government safety standards. The upholstery must resist fire of a certain intensity. All of this costs me money and I have no choice but to pay.

And just like health insurance, all of the automotive bits and pieces the federal government orders me to purchase are intended to preserve the health and welfare of me and those around me.

I also know that every one of the 26 state governments arguing against mandatory health care coverage impose specific standards on vehicles that would force me to spend money.

Wednesday, March 14, 2012

Parents Gone Wild: Pre-preschool

Ventura College
For just $2,555 a month privileged New York parents can enroll their infants in an what amounts to a pre-preschool run by trained teachers.

The Wall Street Journal reports that 300 parents have expressed interest in the 20 slots at the Children's Creative Learning Center and 10 children still in utero have signed up.

The youngest student already attending is 4 months old.

Friday, March 09, 2012

Bad AAPL

Apple (AAPL) plans to build a $304 million campus in Austin, Texas and more than double its workforce in that estimable state, according to Gov. Rick Perry.

In making the announcement, Perry proudly proclaimed that it was a $21 million taxpayer subsidy that prompted Apple to commit.

That's right. Apple sits on about $97 billion in cash and other liquid assets but felt the need to pick the pockets of Lone Star State citizens to finance its expansion.

It's true that all of Apple's money isn't stashed in a corporate mattress and some of it is needed to smooth out cash flow, meet emergencies and other legitimate purposes. But investor Kurt Shrout writing at the Seeking Alpha site contends Apple could pare its cash hoard down to about $56 billion and still be proportionately as fat and comfy as any of its industry counterparts.

And it could pay for a new Texas HQ with petty cash.

Friday, March 02, 2012

Republicans and Sex

Fresh out of new ideas, Republicans are using sex to keep voters interested.

Vanity Fair
A right-wing radio hosts labels a woman as a slut and a prostitute for wanting to avoid unplanned pregnancies.  A presidential candidate says he would deny an abortion to a girl raped and impregnated by her father. A congressman introduces legislation that would require a metal rod be inserted into the vaginas of women.

I would rather not think about what these folks will come up with when the general election is upon us and things get really serious.


Saturday, February 25, 2012

Warren Buffett's Successor Isn't Bill Bucy

Time
The announcement that Warren Buffett anointed a successor as CEO of Berkshire Hathaway set off an avalanche of rumors, most of them ranking me as the No. 1 candidate.

Not true. I'm too busy for the foreseeable future and there's not enough money in the world to get me to move to Omaha, Nebraska. Well, maybe.

Tuesday, February 14, 2012

I Dare You To Find This News Story

"The woman said she found out her house had burned down while watching the news with Maxwell, who told her the house needed to be burned to get rid of his fingerprints..."

OK. It's too bizarre and you have to read it. 


Thursday, February 09, 2012

Steve Jobs Was More Important Than Me

Mashable.com
I know this because the FBI kept a file on Jobs and the last time I checked that sterling law enforcement agency declared it had no idea who I was.

Worse: the file said Steve tended to "distort reality" to achieve his goals and my wife says the same thing about me all the time

Damn.

Monday, January 23, 2012

Starvation Is Good For Your

Our friends at The Economist report that existing in a constant state of near-starvation will quite likely help you live longer.

How much you will enjoy your life without energy, ravaged by disease and looking like a human skeleton will undoubtedly be the subject of a subsequent story.

Friday, January 13, 2012

Note To Delinquents: Man Up Or Shut Up

The California Supreme Court ruled that asking to talk to mom isn't the same as asking to talk to a lawyer.

Papermasters
The decision came in the case of a 15-year-old boy who repeatedly asked to speak to his mother while being interrogated by the cops. The kid was convicted but in his appeal argued asking for mom was pretty much the same as asking for a lawyer, which should have stopped the questioning.

The court disagreed, thereby making it clear where moms stand in the legal world.


Sunday, January 08, 2012

Pizza Racism And Bad Taste In New York

Minhee Cho, 24, goes into a Papa John's pizza joint on Manhattan's Upper West Side and the teen-age order taker identifies her as "lady chinky eyes" on the receipt.

Cho Tweets. The Daily News follows up. Details emerge.

The owner fires the order taker while blaming her gaffe on "hip hop culture."

The assistant manager says she hasn't seen the receipt or talked to the clerk, but is sure "they didn’t mean to offend her in any way.”

Cho says she "wasn't super-offended" but still felt a need to chastize Papa John's.

A responding Tweeter asks why she went to a Papa John's while living in the middle of New York City.

And life goes on.