Showing posts with label current events. Show all posts
Showing posts with label current events. Show all posts

May 27, 2011

Learning about Right-Wing ideas

I've really been trying to understand the Right-Wing desire to protect the richest Americans from paying their fair share of taxes. Rep. Paul Ryan said the other day that it wasn't political when he proposed to strip Medicare from folks and replace it with a voucher. He said his budget proposal was a manifesto but an economic one, ". . NOT political" he said. So I'm learning about the economic underpinnings of the right & some Tea Party Patriots - I say some because I'm sort of a TEA Party guy. (Tax Even Aristocrats - but my voice is drowned out by the Bachmann/Ron Paul types)

So Republicans since Reagan have been trying to "starve the beast." By this they mean the Government here & most often the Federal Government. Rep. Ryan explained "When you take a look at the problems our country is facing, debt is No. 1," Ryan says. This is a debt largely wrought by Republicans; cutting taxes on the rich and paying for Wars off-budget during the Bush years. "The math is downright scary and the credit markets aren't going to keep on giving us cheap rates. "Lawmakers," he says, have "a moral obligation ... to put up solutions to fix this problem."

So why not increase revenue to lower the debt? Is there any room for Republicans to agree with Democrats on some increases in taxes for those earning the highest incomes? Ryan says no. "Here's the problem if you keep raising tax rates," he says. "You slow down economic growth." To those who argue that taxes used to be higher and the economy did OK, he says, "this is the 21st Century where tax competition matters so much more. ... Our competitors are lowering their tax rates."

In trying to understand w/ these arguments I noted a few premises that we have to consider:
1) Republicans seem to believe that "each man is an island," that on this island that man is king of his domain, toiling in solitude to support his family, maintain his castle and serve his maker. This idea seems to form the basis of former Minnesota Governor Tim Pawlenty's Freedom First PAC and many GOP calls for freedom from Government.
2) Economics are all & only about competition. Cooperation between and amongst individuals, companys, countries, or any groups can only lead to socialism or worse, communism. In America the right believes that the COMMONS -those assets held in common for the good of all people- are an insidious cancer on the rights of private capital and the owners of that capital. As J.P. Morgan said, "If Congress insists on making stupid mistakes and passing foolish laws, millionaires should not be condemned if they take advantage of them." Only now Congress is more and more in the pocket of the rich before they even take their oath.

3) Economic decisions, negotiations, and leverage flow only to the rich. In effect the capitalist concept of one dollar/one vote. Political questions must be decided by he who is richest, loudest, and most belligerent. The notion from our earliest days that a meritocracy would be a smart way to govern has been entirely discredited by these economic anarchists. "Ruling elite" has become an epithet to be hurled at anyone who might use superior intellect to argue in favor of balance or compromise in our deliberations.

At the risk of setting up straw-men to argue against, these seem to underpin the Neo-Con arguments against raising taxes on rich people. The rich must be protected from paying a fair share. They create jobs -the argument goes- that poor and middle class people need to pay the rent, buy groceries, and care for their children. The rich job creators must be free to decide the amount of pay & work rules while the worker CANNOT use collective bargaining or regulatory leverage such as a Minimum Wage laws, equal pay rules, or any Government intervention in economic matters.

I want to understand. I want to feel that thoughtful folk are struggling to come to agreement about these issues but, it seems that liberals like me are only talking amongst themselves. I do not sense that anyone in the Republican Party, the Tea Party hierarchy, or Right-Wing think tanks has any desire to come to agreement about what is best for our country. They only seem to want to win. As if winning would be best even if they are wrong. So we continue with policies that have slowly bankrupted our treasury, lowered our standard of living -ironically only if you are poor, middle class, or upper middle class but, not the rich, whose incomes have increased substantially due to much lower taxes, caused declines in our sciences, research, arts, healthcare, housing, business climate, environment, and our precious natural resources. 30 years we've been walking down this wrong path. But, so long as the GOP keeps winning, what is good for America can just, "GO to hell!"

I for one hate this mentality. I believe we should create a more perfect union. I believe our Government should be the agent for this & for the establishment of Justice, ensuring the domestic tranquillity, providing for the Common defense & the General welfare. That by doing these, all building up of the Commons, we will secure the blessings of liberty for ourselves & our offspring.

Feb 21, 2011

Right wing media bias & confusion over taxing the rich

A letter writer in the right leaning Star Tribune: Newspaper of the Twin Cities. (er- I'm sorry, Minnesota's Top News Choice.) points out that the top 5% of earners pay 60% of the income taxes in the country. Patrick O'Keefe of Maple Grove doesn't give a citation but, seems to think this proves the rich are way over taxed. However, this doesn't begin to take all factors into account.

Do the rich make 60% of the income? No, it's closer to 80% isn't it? And, what about property taxes. Perhaps they pay 60% there to but own 70% of the property & control huge swaths of public land's mineral or right of way rights. Oh, then there's Social Security & Medicare taxes. The rich probably pay about .05% of these because they're capped at about $108,000 in earnings. And sales taxes? Clearly the rich don't pay a fair share of these. Another, the gas tax. The rich use way more road subsidies living out in private enclaves & driving huge cars that chew up our highways. Plus many of these privileged folk tend to speed, creating more pressure on our common right of ways. In so many ways the rich are greatly under taxed. One only need look at how much their income has increased in the past forty years. Our Former Governor Tim Pawlenty was fond of pointing out how fast government spending had gone up over some period of years, say 10% then asking, "how many of you know anyone whose salary has gone up 10%?" I always thought the answer was obvious, "not many of us because we don't rub elbows with the richest members of our society." It is their income that has gone up, while the working people of our country have lost ground, paid more in taxes, and seen their jobs, their homes, their communities and their way of life destroyed by Republican leaders and their rich friends in media, finance, and warmongering.

So, Mr. Patrick O'Keefe, please don't think your use of statistics convinces everyone of your delusion that the rich pay too much in taxes or even cover the cost to society of maintaining their life-style. I may be an atheist but, How I pray for the day that the rich man's behavior is treated like a gay man was in the last part of the 20th century. We can be better, but we need to be better aligned with one another first.

Dec 11, 2009

Ten days 'til the Giftmas Season

Hanukkah's in its fifth day. It's true. In a week the rest of the midwinter holidays begin. Christmas strats its run in ten days. Kwanza's seven day run kicks off 12/26. Solstice this year is on December 21, when the Sun ends its apparent slide to the south at 11:47 AM here in Minneapolis.

The Season is about to begin. I make gift deliveries starting on December 6, but real gifting season runs from December 21 thru January 13, St Knut's Day! So get ready! Gifts like respect, technique, doubt, skepticism, science, process, play, exertion & tons more are on the way to all the people of the planet, nice OR naughty!

Dec 8, 2009

A common good: The gift of sharing.

I've been writing about patience & waiting in the days before December. I've also been listening to our national debate over health care. The debate is coming to an end w/the Senate floor action. During this discussion many ideas flop around, assertions made, facts determined, and opinions expressed.

The Headline: Sunday, November 29, 2009,
New York Times:
Food Stamp Use Soars Across US, Stigma Fades
The Maps:
1) Growth of Food Stamp use from June 2007- June 2009.
Front page map shows high growth in food stamp in FL, home of the head "Ditto-Head" and in ID, WY, UT, NV, & GA. (These six states have ten GOP Senators.)
2) Percentage people in each county who receive food stamps, June 2009.
Jump page map show use highest across the south from AZ thru NM, TX, OK, MO, AR, LA, MS, AL, KY, TN, NC, GA, SC WV, & FL. (These 16 states have twenty-two GOP Senators.)

I feel really good about sharing the wealth of our nation with anyone who needs. Using the Department of Agriculture Food Stamp Program should be stigma free and available to any citizen who is hungry. Even if they are Republican. I ask are these the same places where people are organizing against a right to affordable health care insurance under the label of the Tea Party Patriots? I didn't do a scientific study but looking at the lists of links by state at the Tea Party Patriots Web site and at the Wikipedia page it seems like a large number of these states are the same places. Citizens in good conscience rail against "socialist health care" yet while use the roads, libraries, fire departments, public gathering places and our shared wealth in the form of food stamps. Where are Rush Limbaugh, Glenn Beck and the like most popular? I looked around and it looks like they are popular all over. I guess the masters of misinformation drive the discussion on this point and they'll certainly ignore this story.

In many cases these are the same people who think nothing spending millions of dollars for three days of intensive care for a malformed premature infant whose prognosis at birth, or even before birth, is for three to six months of life. Life, they say, is sacred. Often the same folks who would force a pregnant woman to seek illegal care to control the outcome of her pregnancy, on the notion that God endows life and life begins when sperm meets egg & genes are intertwined. A poor definition of life in my book. Life is a line, not series of dots, lined up. People exist along the line we don't start & end, we participate. Each moment of consciousness is a decision to continue participating. Life began 3.X billion years ago on Earth and now it is in every crevice and nook.

We can disagree about policies and programs a government should promote. We can disagree about what unseen, or unknown things to believe in. We can teach our children what we choose even if it is a lie like the Easter Bunny exists or Santa comes down the chimney on Christmas morning to celebrate the birth on earth of God made man. But we need each other. We need all of humanity to continue our life on this planet. We even need people who believe such wild stories as are being told in the ultra-conservative, "taxes are only for poor" mainstream media like Fox. We need to share our world if we are to live on it long enough for our species to survive. Self-awareness should allow us to plan the next step in human culture but only if we can move as one.

Health is key to life so it should be a basic right. We need our neighbors to be healthy or we will get infected by them. Our children deserve to be taught how to be healthy. Our government is a great place to mediate & govern the vast and complex issues that make up the public, individual health care universe. A doctor is only a small part of the healthcare system. Patients have responsibility to monitor their own health, instead we've become a nation of fools paying more for less and believing we're getting the best. It's as if we have are the Emperor in the story of the Emperor Has No Clothes. I mourn for our democracy if the loud voices who led us with the failed policies of the past 3 decades can win this debate just by lying to their fans.

One final note on the health care debate: Our nation deserves to have healthy citizens, we need healthy citizens so we can once again lead the world in: innovation; creativity; social, cultural, economic, & artistic ideas; sports; technology; and medicine. We can afford to have the best if we stand up and demand reason prevail over faith, lies, and superstition. We can not afford to continue the byzantine system of healthcare delivery we have now, it bankrupts individuals, small & large businesses across the country. We need the Senate and the House to finish their work and deliver a bill to President Obama for signature.

Nov 30, 2009

Time: A gift of preparation

Turning from November to December. (From nine to ten – those Romans really did influence our calendar didn't they?) I'm ready for the season of reason. I'll prepare for the mid-winter holiday I love so much. It hasn't really snowed here yet, at least no accumulation. Not cold enough to make ice for skating. The lakes, still, open water. We haven't had more than a few days of temps below freezing.

So let's keep the mid-winter holiday in perspective. This not a time for a feeding frenzy of purchasing like the stories in the paper. Not a time to obsess about every detail of a party still weeks away. It is time to share with friends and acquaintances. Share food, meals are excellent sharing venues.
  • Invite a friend to breakfast or dinner today.

Oct 21, 2009

Nuance: It's not deception. Clarity: It's not truth

nu•ance
(noo'äns, nyoo'-, noo äns', nyoo -) n. 1. A subtle or slight degree of difference, as in meaning; a gradation. 2. Expression or appreciation of nuances: a performance full of nuance. [Fr <>nuer, to shade, cloud < nue, cloud <>nuba Lat. nubes.] – nu•anced' adj.

When I heard Republican Party Chairman Michael Steele proclaim loudly that he was not using nuance but rather was being very clear, I started to think about our understanding of subtlety. A while back, I wrote about the corpus callosum and the links between the hemispheres of our brains. It is easy to get into thought patterns that lead us to believe that ideas, policies and positions are very clearly this or that; black, or white; Right, or Left. In reality this is never the case. There is always degree of nuance.

Look at some of the great debates of the past several hundred years. Aquinas "proved" the existence of God with five proofs. The fifth, a teleological argument that since the universe appears designed to support people, god must have designed it. Like the existence of a watch proves the existence of the watch-maker. 400 years ago last month Galileo popularized the telescope and suggested that the Earth revolved around the sun, not - as the church said - the other way around. He was right. Folks believed the Earth was flat. It is in fact an oblate spheroid.

200 years ago, a boy was born who, in is 50th year would publish a theory so beautiful in its simplicity and insightfulness as to render all of botany, biology, geology, archeology, anthropology, and others in a completely new light! Charles Darwin was right.

150 years ago a couple of beer drinking young Europeans developed a political philosophy based on cooperation instead of cooperation. Recent research is showing that Marx and his benefactor Engles were right. Survival of the fittest doesn't mean "dog eat dog," it means the most able to cooperate will be the species that survives over the one who fights among itself all the time.

Time and time again, religious leaders tell us that something is true only to be proved wrong by the science. As a matter of fact, even facts are suspect. Humans are notoriously poor observers. The notion that there is an objective truth is false. We can't even be sure that anyone else is even conscious.

So back to Mr. Steele:
When he declared that he wasn't being nuanced - as if to say "no nuance here" he did so in a way that made it seem as if nuance was somehow a bad thing. He was being "Clear" as if simply stating his position was better than trying to explain the subtleties of it's implications. In this case he was talking about the health care debate and explaining that he and the GOP were against Government run health care. He went on in the next breath to say that Medicare should be expanded and secured for the future! The interviewer suggested there might be some nuance in the juxtaposition of these two positions. Steele jumped on the interviewer! No, there is no nuance in my position. I'm being very clear! Please, please remember that clarity is not truth or correctness. Nuance often conveys more than clarity. Here's to a complex understanding of our complex problems. Here's to an end of simple but, wrong political positions.
(Begun 9/3/09)

Oct 12, 2009

From: Stacyann Chin via C-SPAN|YouTube|Facebook to: YOU!

I am so lucky to know so many different people!
Thanks to Leigh Combs for posting this on Facebook for me to see.

Oct 2, 2009

Government: A plan means a good one, IF we follow the plan

I think I have finally figured out the Republicans.
They want to turn our country on its head & force it out of existence.
- Erik Riese

As every soldier knows before your go into battle you receive marching orders. Rocket scientists know that to hit a tiny piece of rock 30,000,000 miles away with a tiny piece of metal – like sending a rover to Mars – you need a really good plan. Every cook starts with a grocery list and a recipe; truckers plan a route. So too with governing the greatest countries in history. So too with the United States of America.


Our great & wonderful country was founded by leaders who were truly revolutionary in their thinking. They set forth in clear, concise language the reasons for government & a prescription for a fair honest one. Their language rings like a bell in my ears & still inspires even an evolutionary anarchist like me.


We are endowed with the right to life, liberty, & the pursuit of happiness; we need government, they said, in order to have unity, justice, tranquility, security, welfare, & liberty.

-Paraphrasing the Declaration of Independence & the Constitution

As long as our Republican leaders fight and yell; use lies & magical thinking -both antithetical to justice- our union and tranquility are not secure, our welfare is threatened and our liberty withers. Yesterday, our young, Republican governor, Tim Pawlenty formed Freedom First a national Political Action Committee to extend his national ambitions. You can tell by the name how he has flipped the structure of government on its head. He tries to say freedom, which our founders listed last of six great values, should be first. The Constitution is clear, a more perfect union is the primary goal of government.

We need to follow the plan. Let's look at how it would work on a controversial issue like Health Care. If we stand together and agree that everyone should have affordable basic health care options, if we implement a health care plan fairly, our security is enhanced, our welfare is bettered, our tranquility is easier, and our liberty is guaranteed. Freedom is not and should not be the first focus of government. Unity and justice must be our primary focus. Together we stand, divided we fall.

Let's look at justice. Lately I've heard Republican Congresswoman Michele Bachmann talk about several issues. In almost every case she lies, distorts or willfully misrepresents the facts. It is a real assault on truth and justice as she attempts to paint government as the problem. Justice requires fairness and adherence to fact based decision making. Sadly, Bachmann is only one of many Republican leaders who scoff at facts and scientific proof, replacing truth with faith based reasoning or personal opinion. In many cases opinion can be a driver in a debate but opinion does not and should not trump facts. Justice requires honesty, integrity and fairness. As we try to mend eight years of politicizing the Federal Department of Justice it is very important to base our policy making on facts.

In 1980 Ronald Reagan started his all out assault on the United States Government with statements like: "Government is not a solution to our problem, government is the problem" And, "The most terrifying words in the English language are: I'm from the government and I'm here to help." Since then, Republicans have played on American's healthy skepticism of government. They shrink it & cut it & politicize it when in power and they attack it mercilessly when out of power.

We need government to secure our unity, our justice system, our tranquility, our common defence, our general welfare, and the blessings of liberty. Now that I've figured out the Republicans I am going to stand up against their attacks on my country's government.

Aug 8, 2009

Justice: A gift of divided governance.

Sonia Sotomayor will become the 111 Justice of the United States Supreme Court today. Chief Justice John Roberts will swear her in during a private ceremony at the Supreme Court.

I wrote about the importance of empathy in May (Empathy: The first gift of human civilization) when President Barrack Obama nominated Sotomayor. And in April I discussed the value of government (Government: A gift from the founders to US.) When the United States Senate confirmed Sotomayor on Thursday, the president said we had taken another step toward a more perfect union. As the the third woman and third non-white member of the Court Sotomayor will give us justice just like each of the previous Justices.

In my country there are people who would deny citizens justice. 31 US Senators voted "no" on justice when the President's nominee was presented to them. In essence they were saying she can't be fair or impartial because she is a woman and a latina. Many of these Senators stood to speak their mind on this topic. They sound to me as anti-government, anti-justice and anti-democracy as any member of the anarchist groups I've been involved with in the past. When the Republicans in office sound like anarchists attacking government with a vehemence once reserved only for the truly disturbed you must wonder if our system can ever work. Can we ever have a civil discussion of ideas?

These supposed freedom loving folk have now turned their attention to lying and bullying their way thru August helping insurance companies stay in control of the ever increasing costs and ever diminishing quality of outcomes in our health care system. If they are successful, our health care system will continue to limp along with the highest cost buying us the 37th, 54th, or 72nd best results. We can't let this happen. We have to do a few things:
1) Support government. Government is good. Our government provides many important functions one of which should be to lead on health care. Along with freedom of speech, public common spaces and thoroughfares, rights to bear arms and train for common defence, the right to be healthy is, and should be guaranteed.
2) Support a new approach to the healthcare system. We have to change the way we're doing it because paying so much for so little is stupid. It will bankrupt us.
3) Speak out, not just to your elected reps but to your friends and neighbors, especially if they disagree with your position. Talk with respect and dignity to your adversaries.

If we do these things across the country we can change the health care system for the better.

Aug 5, 2009

Bullying: The gift of broken discourse.

Well, I've just watched about a dozen public meetings where Members of Congress, Senators and other elected officials have been shouted down by bullies. These folks, apparently schooled by Dick Armey's lobby firm Freedom Works rise to ask questions or just start shouting in the middle of the event with misinformation and smears. They impugn government, the same government that they have worked so hard to destroy for the past 28 years. They shout, bluster and offer no ideas just an all out assault on public discourse. They seem to want to destroy anything that is left of the commons. Oh the humanity!
It's gone from bad - having these lying, greedy, bullies in office - to worse - having these lying, greedy, bullies trying to destroy from without what they couldn't destroy when they held power.

I'm sick to my stomach watching the evidence.

A ranking Senator on the Judiciary Committee has said he will not support Judge Sonia Sotomayor because he's afraid that she could not be objective and fair in the conduct of her job. This despite 17 years of written evidence to the contrary. I call on Jeff Sessions to use this same standard in his deliberations and in the performance of his job. Objectivity! Yes, government by science! Please, Jeff, say you will!

I want my country! I want people who support and defend the Constitution when it calls for a more perfect union, justice, domestic tranquility, common defence, general welfare and the blessing of liberty. I'm tired of greedy, lying bullies.

Jul 21, 2009

Kind words: A gift of thoughtfulness

My how the blog goes wanting when things get busy.

I've been saying nice things to folks lately and the response leads me to write about how a few kind words can really help a person make it to the next step or pass a difficult hurdle. My few short acts of kindness have all been very wonderfully rewarded by kind thanks in return.

I feel the connection. Even in the multi-task world of twit, fb, YouTube, and Rush Limbaugh we can find kindnesses changing the face of our relationships and our communities. Make an effort to find kind things to say to your online or face-2-face friends. Every kindness grows a new connection.

Jun 1, 2009

Faith: A gift with unintended consequences

Today I heard about a man, Dr. George Tiller, a medical doctor, shot and killed while he volunteered as an usher in his church in Wichita, KS. This story is based on the story of Dr. Tiller. but the facts are made up by me to illustrate how a gift can backfire.

Our faith is often nurtured by our family and the leaders of our church from a time when we are very young. Faith is first placed in myths, like Santa Claus, the Easter Rabbit and Tooth Fairy. As we grow in our understanding of religion our faith is supposed to transferred to God the Father Almighty, maker of heaven and earth and in his Only Begotten Son Jesus! We're not told that GOD created hell too and despite Commandments like Thou Shall Not Kill! Ol' God spends a lot of time smiting people, cities, and whole populations. Today we'd call it genocide but in the Old Testament its called God's Will.

I'm really not down with this.  I never was down with this even as a young Lutheran. Now we have this story. I imagine a 51 year old guy, spends his whole life wanting to be a dad but he's anti-social, he plays with guns, he's indignant that someone might take away his right to protect himself. He's also indignant that while he can't attract a woman to bear him children, there's a doctor in Wichita performing abortions! He's going save those pre-born lives in self defense he walks into a church, the so called House of God, and using his government given right to bear munitions, shoots to death a man married for 45 years, father of four, grandfather of ten. 

This is how Pro-Life looks. This is Scott Roeder's, the presumed killer, idea of justice. 

I heard a woman speaking at a memorial service for Dr. Tiller. She said, 
"I had been abused, mistreated, and violated. Dr. Tiller helped me. Thank God for that." 
I understand her feeling, but I have to say, 
"No! Thank science for Dr. Tiller. Thank God for Scott Roeder, the killer, and for many others like him who think they are called to impose their faith on other people." 
I say,
"Thank God for the crazed, faith addled killers everywhere who fight in the name of the Lord."

The gift of faith, our society's fall from grace if we do not also use our critical thinking faculties.

May 29, 2009

Drug Resistant Diseases: The gift of ignorance.

Not all gift we get are good things. 

This morning I heard the evolution of a drug resistant strain of malaria described as a gift from drug counterfeiters in South East Asia. These crooks create fake drugs that use a small amount of the real medicine to allow them to pass certain tests. When people use the weakened drug their malaria strain soon builds up resistance to that drug. In Cambodia today, a resistant strain of malaria is the newest gift from the underworld to our culture.

I say the gift of ignorance not just because people using the fakes are ignorant of their culpability in this but also because so many people misunderstand the various modes and methods of medicine that their confusion can lead to drug resistance as well. Learning the facts can really help you stay healthy.

May 26, 2009

Empathy: The first gift of human civilization

IT has to be said as the elected "nay sayers" in Congress start to sing their chorus against any Supreme Court Justice nominee who might have empathy: our ability to see the world thru the eyes of others was the beginning of our transition from cold blooded, killers and procreators to the civilized people we are today.  Yes, empathy, the gift of being able to put yourself into the shoes of others. 

Without being able to see the world thru others eyes we never learn to communicate. We never learn to care for our children, we never learn to govern, we never learn human emotion. Many mammals have an ability for empathy but, it our finely tuned skill at being able to understand what another creature, not just another human, is experiencing that unlocked most of what distinguishes us from reptiles. Empathy allows a mother to nurture her young. Empathy makes mentoring possible. Empathy is a necessary concept behind all economic transactions. 

Please, tell your Republican Senator  your opinion of empathy. It's the foundation of our legal system. From the Ten Commandments to the Koran, to the US Constitution, the primary purpose of these instruments is to codify empathy. Listen to a Senator try and create a dichotomy with Empathy & Legal decision making on opposite sides!

(Why are the the Republicans so opposed to anyone who might display empathy? My guess is John Kyl, the junior Republican Senator from Arizona didn't think before he came up with this amazing way to criticize any potential nominee that our President proposed. 
Of the President, Kyl said, "He believes in justices that have empathy," Kyl said if Obama goes with empathetic judges who do not base their decisions on the rule of law and legal precedents but instead the factors in each case, he would try to block those picks via filibuster.
Had Senator Kyl thought first I'm sure he would have realized the key place empathy holds in our culture, our community, our government, and our civilization.)

It really makes Santa wonder: What are these leaders thinking? Who are they trying to impress? I remember talk about mainstream values and ideas. We are really getting far out of the mainstream if we take empathy, a basic, core aspect of human existence off the table for any potential Supreme Court Nominee.

May 14, 2009

The Lever: Move the World

"Give me a long enough lever and a platform to stand on, I will move the earth"
-Archimedes


When Archimedes discovered the power of the lever in the second century BCE humans had been using science and it's language, mathematics for tens of thousands of years. (Meanwhile, conceptions of God were much more recent ideas on the human memescape.) People had likely been using levers for quite some time as well but the gift Archimedes gave us, (one of many, many gifts he left for us) is the ability to calculate all the forces involved to create levers, fulcrums, pulleys, rigging, etc. to carry out the work that previously required many strong men!

Now, we use leverage and the concepts in areas beyond the strictly mechanical. In finance for example, the concept of leverage refers to the ability to attract and service debt as a growth strategy at certain phases of an entities life. Some might argue that leverage had substantial influence on the recent banking/lending crisis. We might try to understand what are the basic constituents of leverage in lending? 

In simplified form, the assets are the "weight" to be moved, liability is the "lever", equity is the "fulcrum" and cash is the force applied to one "end of the lever." Of course there are other ways to interpret the lever metaphor and finance. I suggest this one to show how the concept of lever is used in diverse situations.

Just this morning a radio commentator suggested that President Obama had leverage in dealing with Republicans and with Congress because of his popularity with the people. Political leverage is an even more abstract image for levers. What is the weight? The fulcrum? The lever?

Mar 19, 2009

A Lesson learned: Gift by example.

In the past dew days the country seems consumed with bonuses paid to about 400 executives from the derivitives trading division of AIG. American International Group is a large insurance company responsible in part for the current lack of trust on the financial markets. These bonuses, in excess of $150 million, have clearly sparked outrage from people making much less income than any of the recipients. 

Since early in 1981, leaders of our country have been facilitating the movement of large sums of cash from the poor and middle class to the rich. A combination of tax cuts, increased contracting for services, reduced oversight of markets, lessened regulatory requirements and relaxation of rules across the spectrum of governing groups has allowed the portion of our annual income that goes to the top 1% of earners to swell from a healthy seven percent to a jaw dropping 25% in 2007. Now the richest among us have raked in one half of all wealth and a quarter of our annual income. We get angry about bonuses paid to a small group of financial experts. Where was the outrage at the money wasted blowing up huge swaths of Iraq? Or the wasted billions in tax give-backs on capital gains? We weren't so mad at the money lost due to lax oversight of WorldCom, Enron, or HealthSouth.

Workers and their managers have created the wealthiest nation on earth and much like the slaves who moved the rock for the majestic buildings of Washington DC, we can marvel at its splendor, but we cannot really participate in the riches. Our country will not ultimately be judged by the gaudy fashions or ostentatious displays of consumption. Our democracy, our republic will be judged by how well we care for the least of our citizens. With homeless people crowding urban cores and foreclosures now hitting the unemployed as well as the greedy speculators workers should be angry but, not at AIG execs or the current government. We should be mad at the failed leadership of the past twentyeight years. The group of politicians and the thinkers who supported them and told us that government was the problem; that taxes were your money being taking out of your pocket; that the role of government is fighting expeditionary wars in far away lands. These people, with the best of intentions led us in the wrong direction and now I fear they are to proud to admit their mistake.

Government is good. We need a government to create a more perfect union, to build the commons, to establish justice and to ensure domestic tranquility.  Public education, public health, public markets, and public information are values to be lauded. Public science and public art create pride in peoples that transcends hard times. 

The only way to benefit from the crisis of trust in financial markets of late is to learn the lessons of evolution. Survival of the Fittest means which species works best together, not which species created the individual with the biggest house. If we learn the lesson of cooperation we can survive many perils now and in the future.

Folks who care enough to follow my posts: