In an oft-reported exchange between Gertrude Stein, an American widely known for her wisdom and glittering 1920s Parisian literary salon, and one of her earnest admirers, the admirer asked her – “What are the answers, Madame Stein?” She replied “What are the questions?” Within our media/political/corporate culture of self-censorship and taboo topics, we should restate … Read more
Observers say that confirmation of Judge Brett Kavanaugh to become President Trump’s second pick for a lifetime job on the Supreme Court will make the Court more conservative. It is more accurate to say Kavanaugh will make the Court more corporatist. With Kavanaugh, it is all about siding with corporations over workers, consumers, patients, motorists, … Read more
About 80 days separate the people from the November 6th Congressional elections. Judging by the past midterm turnout, at least 125 million age-eligible voters will stay home. Too many people say: “Can’t be bothered;” “politicians don’t care about me;” “all politicians lie so why should I be part of that game;” “I’m not into politics;” … Read more
I’ve recently received fundraising letters from Senator Elizabeth Warren and Senator Chuck Schumer on behalf of their Democratic Party’s campaign committees. Mostly, all they ask for is money, though Schumer’s letter includes a short tough letter to President Trump for us to sign which they promise to deliver to the White House. Although politicians review … Read more
The New York Times screamed its Headline— “In 1997, Apple was 90 Days from Going Broke. On Thursday [Aug. 2, 2018], It Became the first publicly traded American company to be valued at…$1,000,000,000,000.” The first trillion dollar company! The boosters and commentators cheered, adding, “How High Could it Go?” In CEO’s Tim Cook’s announcement, we … Read more
In elementary school they taught us the names of inventors. Eli Whitney invented the cotton gin, Robert Fulton the steamboat, Alexander Graham Bell the telephone, and Thomas Alva Edison the electric light bulb. Nowadays we rarely know the names of the inventors of modern technology—think biotechnology, nanotechnology, pharmaceutical technology, safety technology. Not every breakthrough is … Read more
American bank customers are losing billions of dollars in higher interest payments because they’re not being “frugal shoppers” and making a telephone call or sending an email to compare interest rates. If they did, they would find out that the Federal Reserve’s three years of gradual interest rate increases have finally pushed the banks—traditional and … Read more
Warner Slack was a humble, multi-faceted great American physician at Harvard Medical School’s affiliated hospitals. Yet after he passed away last month at age 85, Dr. Slack did not receive the news coverage accorded numerous late entertainers, athletes, writers and scoundrels. In fact, his life was ignored by the New York Times and the Washington … Read more
When will the authoritarians and their political henchmen stop harassing American voters and let all citizens vote? No other Western country comes close to imposing so many obstructions for certain categories of people to keep them from the voting booth. In Canada, England, France, Germany, Norway, Sweden, Denmark, it is very easy to vote. Voter … Read more
1. Skin in the Game: Hidden Asymmetries in Daily Life by Nassim Taleb (Random House, 2018). Taleb writes: “The necessity of skin in the game is a simple rule that’s necessary for fairness and justice, and the ultimate BS-buster. Never trust anyone who doesn’t have skin in the game. Without it, fools and crooks will … Read more