Wednesday, January 30, 2008

A Week of News (Abridged):

Finding myself unable to settle on just one topic for the weekly entry, I’ve elected instead to offer up a smattering of news. While this week has presented an active cycle, I’m uncertain as to whether this idea demonstrates due diligence or a lack of decisiveness. Oh well.

The two stories dominating the spotlight are the primaries and their respective dramas (a recurring theme which I’ll get to) and the looming recession. downturn. slowdown. Opportunity for innovation.

I can’t say that I’m particularly worried about the economy. I have few (did I say few? I meant zero) investments that will be affected by the instability and my job is unlikely to be threatened. It looks like I won’t be riding the rails to greener pastures (a la The Great Depression) anytime soon (mixed emotions).

For those in different circumstances who find themselves feeling the pain: my condolences. I’ll offer two silver linings. One, President Bush and the House have agreed (Whaaat!?!) to a $150 billion fiscal stimulus package. http://www.nytimes.com/2008/01/25/washington/25fiscal.html?th&emc=th.


The plan, apparently, is to put anywhere from $300 to $1200 back in taxpayers pockets. Most readers of this blog are looking to get $600 apiece. While this is a very nice little gesture, I have sincere doubts about its expected goal. $600 is a great shopping spree, but if the government sends me a check my first instinct won’t be to cash it and head to the nearest mall. In the real world of bills, mortgages (rent in my case), insurance, etc., $600 simply doesn’t go all that far. I wouldn’t have much left over after a month of school loan payments. If the money doesn’t significantly increase each consumers overall spending (which it won’t in my case), thereby going directly back into the economy, what’s the point? I may be alone on this, and I’ll grant that my knowledge of economics is limited, but it seems that the government (and presumably the greatest economic minds) could come up with something better.

On the other hand, maybe I’ll get all $600 in quarters, rent a hot air balloon, take it to an elevation of 1,000 feet and subject the world below me to a $600 reign (note the pun) of monetary terror.

The other bright side of the economic stormcloud is a matter of relativity. At least you’re in better shape than Jerome Kerviel. This 31-year-old midlevel employee of Societe Generale (one of France’s largest banks) managed to lose $7 billion making bad bets on stocks. Ouch. http://www.nytimes.com/2008/01/25/business/worldbusiness/25bank.html?th&emc=th

Moving on.

I’ve discovered yet another reason to head to your respective district’s Democratic Caucuses and voice your support for Barack Obama: he advocates class-based affirmative action: http://www.washingtonpost.com/wp-dyn/content/article/2007/05/14/AR2007051401233.html or http://www.slate.com/id/2165717/&#obamaaffaction

Looks like Obama’s taking a page out of the old Zizzle-Zot playbook (he’s wise beyond his years) and growing ever closer to getting the official Zot endorsement (which would win him exactly one vote in the upcoming Minnesota Caucuses).

Speaking of the Caucuses, here are the details: They’ll be held on Tuesday, February 5. Registration starts at 6:30, the main event starts at 7. Find your location here: http://caucusfinder.sos.state.mn.us/. I realize I’ve admonished the caucus system in the past (http://erikgruber.blogspot.com/2008/01/season-is-upon-us.html), but unlike the Iowa Caucuses, ours actually holds weight in the party nominations. Needless to say, we should all go; no excuses. More than a civic duty, it’s a tremendous opportunity to have a voice in the democratic process.

Late Night, don’t think I forgot about you. California has a primary, which is also on February 5. Find your voting location here: http://www.sos.ca.gov/elections/elections_ppl.htm

While we’re on politics, let’s talk about the filth being slung in the Democratic race. With all the posturing, blatant lies and below the belt call-outs, these people are making professional wrestlers look downright genteel. Check out some of the down and dirty here: http://www.factcheck.org/elections-2008/clinton-obama_slugfest.html.

My synopsis is that Edwards looks like the mature adult trying to focus on serious issues while the others bicker (which is exactly how he is positioning himself). Obama, as long as he can keep his cool (which he came dangerously close to losing in the South Carolina debate) will come out looking like the intelligent, composed and thoughtful individual that I hope he truly is. The Republicans, by comparison, look awfully civil.

Really, the only loser here is Hillary. Has this fracas given us a taste of her true character? Has the warm, personable Hillary of New Hampshire given way to the conniving, malicious and spiteful women we’ve feared from the onset? Is this what a President Hillary Clinton will look like? The prospect is even more frightening as she starts to look more and more like the front runner.

The one consolation is that I’ve been greatly amused by Bill Clinton consistently coming to the rescue of Hillary “ready on day one” Clinton: http://www.breitbart.com/article.php?id=080123235622.htsftt80&show_article=1. It’s terribly kind of him, but since when is the definition of “ready on day one” equivalent to “I let my hubbie fight my battles?”

To drive the point home, read this: http://www.slate.com/id/2182065.

Or if you just want more reasons to dislike the Clintons, check it out: http://www.slate.com/id/2182938/

Who caught the State of the Union address on Monday night? I found myself agreeing with much of what Bush said, which really only means he was vague enough to avoid offense. He was his usual charming, down-home self, and got me laughing with his discourse on tax relief: “Some people say they would want to pay higher taxes. I welcome their enthusiasm. The IRS takes checks or money orders.” This had the Republicans roaring and the Democrats squirming. There is an element of truth to the statement though. If we want to pay higher taxes to support social services, there’s nothing stopping us.

Really, most of Bush’s address was inconsequential. He’s become an impotent figure head. Bipartisan legislation with the democratically controlled Congress is virtually impossible due to the animosity. With only a year left, I imagine most of his peers have already written him off, and he’s officially irrelevant. The only thing I took from the speech was that most politicians shouldn’t be seen in HD.

In sporting news, I’m guessing many of us watched the New York Giants back there way into the Super Bowl by blowing two go-ahead field goals in the fourth quarter, losing the coin toss in overtime, and relying on Favre to throw a boneheaded interception (vintage 2006-2007 Favre) to give them the ball back. I was looking forward to a Packers-Patriots match-up. I’m by no means a cheesehead, but I had grown fond of the Pack over the course of the season and I have a level of respect for the aging Favre. Plus, the Patriots already beat the Giants. They never played the Packers during the regular season, and Green Bay was clearly amongst the top 5 teams in the league (a list which doesn’t include the Giants).

But the real reason I rooted for Green Bay is that I harbor a completely irrational hatred for Eli Manning. Is it his propensity to crumble at unpredictable and inopportune intervals? His sniveling, buck-passing demeanor after bad losses? Maybe his “I play the most high profile position for a team with a huge market, but I can’t handle the spotlight” whining?

Say what you will about his playoff performance, sooner or later the real Eli Manning will show up. The Eli Manning that throws four interceptions (three returned for TD’s) against a questionable Vikings secondary that most QB’s have their way with. The Eli Manning that yells at his teammates and pouts on the sideline. The Eli Manning that sucks at football and life. He is the embodiment of mediocrity. Born in any other era, to any other family and he would be spending his days working in a lumber yard. But he was born a Manning, and rode a wave of entitlement to the Super Bowl.

In the world of entertainment, Heath Ledger’s sudden death brought with it an onslaught of speculation: what went wrong? What could have been? Who is safe from the icy grip of mortality?

It’s a tragedy because he has a young daughter, and I’ll admit that I was caught off guard. He had the persona of a celebrity with a good head on his shoulders (they are few and far between), though it has since become apparent that he was a deeply troubled young man.

I won’t say I’ll miss him. I didn’t even know him. But to paraphrase film critic Dana Stevens: the movies will miss him dearly. He was a promising talent that had yet to explore his potential, and the few roles in which I saw him (most notably in the Todd Haynes directed Bob Dylan biopic I’m Not There) demonstrated a tremendous gift to embody a character.

As I’ve watched and read the various commentaries on Ledger’s life and the tributes to his excellent (if abbreviated) body of work, I’ve started to think about the oddity of American priorities. I’m not one to trample on a young man’s not-yet-covered grave, nor do I like to sound preachy or sanctimonious (I hate to be “that guy”), but why do we have such a penchant for dwelling on the deaths of our celebrities (however untimely, tragic or avoidable)?

Over the past week, hundreds of men, women and children have died in Kenya’s tribal conflicts. Many more in the Middle East, Congo, Darfur, etc. Are these people less important than Mr. Ledger? Less worthy? Do we truly know our celebrities any more than these people suffering overseas? More need not be written on the idol-worshipping tendencies of Americans or the media (it’s a point that has been trampled into the ground).

It’s just interesting is all.

Thanks for reading.

15 comments:

Anonymous said...

Money

Anonymous said...

Looks like Edwards is out of the race:
http://www.cnn.com/2008/POLITICS/01/30/edwards/?iref=mpstoryview

Noah said...

Wanted to comment on the Econ Stimulus Package that is supposed to give our economy a "half-staff" if lucky. The thing is, just because the money will not really be flowing through the stores because people have bills and loans to pay, it will still help. The money will go to pay on loans and be put into banks and the like, the banking industry is a huge part of our economy. More money flowing through the banks will also stimulate some "half-staff" action in our economy.

I am really curious to understand why people think that the government can help people better than charities can help people. When has anyone seen the government manage money correctly and create great micro-programs that have changed peoples lives?

Anonymous said...

"I hope buying $600 worth of waffles helps the economy, because that's what I'm going to do."

Anonymous said...

i'm bored at work!!! Somebody please write something so I can waste a few minutes

Anonymous said...

I have a lot to say but not the time to say it right now. Sorry Kevan. Look for a post from me tomorrow!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!

Anonymous said...

You are kidding me! Is there going to be an actual blog from u Pcorcs? Or a comment?

PS


Bye bye John....Seeya Rudy!

PPS

I'm buying an X-Box and "Dance Dance Revolution" with my 600 bucks and then having my mom come over for a dance party. Everyone will chant, "Do dat dance, do dat dance, debbie, debbie, debbie, debbie do dat dance."

After the party gets warmed up we will chant...

Four point stance debbie do dat dance...ants in my pants, she got my head in a trance, debbie do dat dance. Fancy shmance wanna feel her romance, do dat dance, debbie do dat dance....Booya!

Anonymous said...

Caschr, is that you pretending to be jake swanson again?

Anonymous said...

Economy revamp package.

I must disagree with you Gruber. I think this will go a long way into doing some good for the economy.
Reasons:
-You must make under 150K combined or 75K single. This includes a lot of well off people with good control on their budgets that won't need to spend it, but the vast majority are people with tight budgets and debt. So the majority of this money is going to go back into the economy. Whether it be "shopping sprees" to buy what you wouldn't normally buy, or to pay off debts that otherwise might not get paid on (and what happens to debts that don't get paid on, the loan default which puts us in the state we are in now with the mortgage crisis so even though paying debts isn't immediate effect it will still do good). Plus with the country knowing this far in advance what and when it is coming, a lot of people will budget it into their spending so a lot of the money will already have a plan for it when it is distributed. I have a lot more to say but won't right now.

Obama...

The only thing I have to say is that I think it will be hard for a republican to get elected this time around and I don't want Hillary for sure. I don't like Obamas stances for all the same reasons for why I'm a republican. But I Dislike Hillary more, so that makes me root for Obama to at least get the democratic bid because he is the only one that has a chance (RIP John Edwards).

Bush...

I Like him, always have. I wish that most of his years would have been served with a republican senate and house. I don't know if he has accomplished a lot because of this. I guess the next four years will really define his legacy as we see in which direction the US goes under new leadership (probably democratic accross the board unfortunately if my guesses are correct)(our country is turning into a bunch of pansies:) )

Super bowl...

I'm following in the same line as you gruber.

The giants aren't deserving, Eli Sucks, and I'll admit it... I do have a little soft spot for Bret Farve. At absolute least the guy deserves our respect for playing at the level he is still playing at.

Heath...

I don't understand the frenzy. It was even worse with Anna Nicole. If the death is getting this much attention, it would be so much better if they focused on teaching the country why he died and how he went down the path of distruction. Showing the world that all the money and fame can't buy happiness. Look at Ms Spears.

That's all I got to say about that.

Anonymous said...

As I checked the post for the bazillionth time this week, something dawned on me.

I realized that even though I have never had ROTM status bestowed upon me, I have definitely done more reading of Zizzle Zot than anyone else as of late.

...Just something to think about. (quality of comment ≠ dedication of reader in "R"OTM)

Anonymous said...

I concur with you Kevan. We haven't had a reader of the month for december or January, and it is almost february. What's the deal Zizzle? I think Kevan is well deserving. Noah and Torpy have also be somewhat involved as of late. At least there are a couple options. This Blog is for the people, so Damn it... Give the people what they want ZOT!!!!!!!!!

Anonymous said...

Hey,
It has been a while. I am trying to brush up on my knowledge of the candidates. I agree with a lot of what Pat has said. I am a Bush fan even though there has been some things that could have been handled differently, but I do respect his morals and ethics. For me that is one the that matters as a president. Even if he isn't the best at public speaking, he makes it enjoyable for us to watch. Nobody is perfect and no one is going to make the correct decision every time.

Hillary scares me and I don't know a ton about Obama, but I would have to pull for him between the two. I am a replublican as well and does anything think that the republicans have a chance?

Super bowl.

Patriots should win and I think it would be a complete shock if they lost and go down in history as one of the biggest heartbreaks. I have enjoyed watching Moss this year and I feel that he has found his groove in this Patriot team.

I hope the stimulus does happen. I would enjoy some extra money. I don't have enough knowledge or understanding to say whether or not it would help the economy, but it would help the Foley finances, is that a good enough reason?

Gruber, how was the Suns/T-Wolves game. Devin said he hooked you up with some tickets. Those T-Wolves just won't let the Suns beat them!

Anonymous said...

Yeah ZOT!!! Enough is enough already! K-han if i could give you ROTM i would, but unfortunetly i don't have that sorta power.

But i may have something better than that. I have with me one free ticket for a Dance with Big Deb; which has an estimated value of 68 cents. And if you're lucky she just might give you the four point stance while shaking her assets in your face!

Anonymous said...

Sorry about the spelling in the last post and the flow of things. I suck, and to think that I am teaching 4th graders to spell. Freakin scary!

Zizzle-Zot said...

A lot of action...I like it people. There are most definitely some worthy ROTM candidates, and I haven't appointed one for some time...The people have spoken. It's time for a new ROTM (coming shortly).

Noah, I won't argue that charities are better equipped structurally to help people. And the hearts of charities are in the right place. But they come nowhere near the government in the ability to finance programs, and thus the disconnect between your views on social programs and mine.

If lower taxes and fewer government managed social welfare programs actually equated to more citizens giving time and money to charitable causes, count me in. But let's not kid ourselves. In most cases, without government funding (and thus government oversight) most programs would not have the resources to exist. If people won't freely offer a percentage of their assets to charitable causes, I support the governments power and initiative to take it.

As far as the economic stimulus plan, I concur that an extra $600 in my pocket sounds pretty nice, and I'm not saying it won't help. But it seems that we're heading towards a pretty serious recession and I think there has to be a better long term plan than a free cash giveaway. I guess we'll have to wait and see.

The Wolves dominate the Suns (one bright spot on an otherwise pathetic season). Thank Devin again for me the next time you talk to him.

In conclusion...Debbie Debbie, you do dat dance.