Sunday, April 23, 2006

The Fog of War


“Every Military commander who is honest to himself will admit that he has made mistakes with the application of military power that has resulted in needless deaths.”
-Robert S. McNamara

You have to hope that your leaders are the type of people who at times take time to step back and reflect on their policies and their actions. A great Saturday afternoon “time out” activity for George W. Bush and Don Rumsfeld would be to sit down and watch the documentary, “The Fog of War: Eleven Lessons from the life of Robert S. McNamara.”

For seven years in the 1960s Robert Strange McNamara served as the United States Secretary of Defense. Weeks after starting as the first outside-the-family President of Ford Motor company, President Kennedy appointed McNamara as Secretary of Defense, despite McNamara’s uncertainty whether he was qualified for the job. Serving first under Kennedy, and then under Lyndon Johnson, McNamara held the office during a time that, as McNamara puts it, “on three different occasions we came within a hairs breath of nuclear war with the U.S.S.R.”

This film is interesting in that McNamara, eighty-five at the time of the filming, reflects and shares with us what he’s learned from his experience as a war fighter. McNamara lists eleven “lessons” he’s taken away these experiences, and the film fills out the background that has lead him to these insights.

The film leads us from McNamara’s WWII experience, to the Cuban missile crisis, and to the events that led to the United States’ entry and eventual escalation of the Vietnam war. What comes out is sobering parade of human miscalculations and brutality. In WWII, McNamara served in the Air Force’s statistical air corps. From there he analyzed the efficiency of delivered force against Japanese targets, specifically the fire bombing of Japan. He sites the example of 100,000 Japanese civilians killed in a single night as a result of fire bombing and questions the morality of this decision (That was just one night, the segment on 67 Japanese cities and the percentages of them that burned is scary). Is that okay in war? Was it the right thing to do in order to fight the war? McNamara points out that if the United States had lost, General Curtis Lemay who made the firebombing decision and himself would certainly have been tried as war criminals by the Japanese. In the film McNamara ponders, what makes it moral if we win, but immoral if we’d lost.

Near the start of the film McNamara takes us through the Cuban missile crisis and his revelations in the 1990s when he actually met with Castro to discuss the crisis. He asked Castro – did you know the missiles were there? If so, would you have told Kruschev to use them, and if you would, what do you think would have happened? I won’t spoil it, but it we came closer to nuclear war than we even knew. McNamara’s point is that Kennedy, Kruschev, and Castro were all very rational men, but still we came so close to madness.

The film is fascinating. It has many interesting side anecdotes about JFK and LBJ. McNamara was actually the person who walked the ground of Arlington Cemetery, found the most beautiful spot, and proposed it to Jackie Kennedy as the spot to bury JFK.

The piece I think would be most interesting for George W. and Don Rumsfeld to ponder was near the end. McNamara believes that as the lone super power the United States should never apply its force unilaterally, “if we can’t persuade nations with common values of our case, we should re-examine our reasoning.” McNamara was talking about Vietnam, but clearly this question has meaning today (incidentally, the U.S. is not applying force in Iraq unilaterally, but certainly it could (and is) be debated if the degree to which it has multi-lateral support satisfies McNamara’s suggestion.

Where McNamara clearly had the most impact and of course what he is most known for is the U.S. escalation and execution of the Vietnam war. It is his belief that had JFK lived we would have gotten out far sooner, and that Johnson held the responsibility for the escalation – though he paints LBJ in a sympathetic light. The film, and actual recordings illustrate the clear hesitation, and conflict these two men had around escalation the war to include significant ground troops.

In the end we have some very interesting lessons, but even McNamara leaves us without an “answer.” He is not so naïve to think we’ll just end all war. His sum up of the film is where it gets its name. He describes the term “Fog of war” and what it means to him. Essentially that a war is so complex that it is beyond the capability of any person to understand all of the variants, and the result as that we as humans needlessly kill people. “It isn’t that we aren’t rational, we are, but reason has limits.”

Thursday, April 13, 2006

Accountants just want to have fun...

The Wall Street Journal's Op Ed page is a never ending stream of blatent common sense. I love it. I'm not talking about the featured editorials that can come from readers (though they're usually of interest) but the ones that represent the opinion of "the paper." Whoever wrote today's brief, six paragraph treatise on the coplexity of our federal income tax code should be given a medal.

It's so short I wish i could just reprint it here. However, since that' s probably illegal, I'll just give the pointer above. For those of you without WSJ access it boils down to -- our current tax code is so complicated that most "professional" tax preparers cannot prepare tax returns error free at high rate. Washington's answer is is to that is to propose more training or a "certification" for tax preparers. Of course, this "bass ackwards" Washinton D.C. logic would mean higher costs for cititzens looking for help complying with this tax code monstrosity, and would not garuntee better results.

The real answer is to fix this Frankenstein of a tax code.

Tuesday, April 11, 2006

Mitt on the rise

Well, for some time there has been little doubt that Mitt Romney is running for President. His op ed in today's Wall Street Journal entitled "Health Care for Everyone? We Found a Way," only confirms the idea.

I have to admit that so far I've been pretty skeptical about the new Massachusetts health care plan. Governor Romney's article is worth a read, as it helps explain the plan, and acknowledges that it's just a first step. As I mentioned in the last post, I love the concept of states experimenting with different systems to see what works. "Laboratories of Democracy," as Cokie Roberts put it on This Week with George Stephanopolous...er...this week.

Governor Romney covers all bases. He admits that he's swinging for the fences, but would be happy if it just forwards the cause. He praises bi-partisanship, but takes a dig at Democrats for the unnecssary $295 clause they put in. He even ackowledges concerns of his libertarian friends.

Friday, April 07, 2006

Why there are 50 states

There is a good op-ed in the Wall Street Jornal today by Arnold Kling entitled "Bill of Health." Massachusetts has made national news this week by enacting a bill that forces everyone in the state to have health insurance, one way or the other. Through a collection of subsides and tax incentives the Commonwealth believes it solved the state's health care issues.

I'll let you read Mr. Kling's discussion, as his explaination of why this bill is completely silly is far better than I would do. Essentially, there is no such thing as a free lunch. Someone has to pay for all of this health care, and it appears to me that Massachusetts has just decided to shift even more of the burden to we taxpayers.

What I actually like about this whole issue instead had to do with the role of State government and illustrates just one reason that the United States is great. Last summer I had a rollicking conversation with several friends about the purpose of State Government vs. Federal government. My point is that people at a macro level move to wear conditions are best for them. I tried to illustrate by pointing out that people moving to an area often choose the neighborhood to move into based on the quality of a school system. They didn't buy that (bewildering to me to this day) they belived people don't move based on econmics (again, bewildering, no wonder they don't "get it." ;-)

At any rate, this health care issue is a great example of why we have fifty states rather than one big country. Massachusetts has chosen, through self government to go in one direction. It might be right, it might be wrong - only time will tell. My guess is that Masshchusetts insurance and or tax rates are about to go much higher, but we'll see. The good news is that in a free country with fifty different systems of state government, we are free to move among these different systems as we choose, and still be bound together by a larger whole, and enjoy the protections it affords. Competition almost always serves the consumer!

New Hampshire anyone?

Thursday, April 06, 2006

Rosie's Family Cruise


I think sometimes I get a bad rap from some of my Liberal friends because we always end up spending time arguing about issues we disagree on. Well, every so often I'll freak out one of my Liberal friends by agreeing with them on an issue traditionally "owned" by the left. One of these is gay marriage. Honestly, it has nothing to do with any liberal leanings of my own, but more due to my Libertarian streak. What's funny is that this issue is so decisive in some circles that people who call themselves Libertarian (advocates of freedom) come out against it. I'm thinking specifically of Jay Severin, on of my favortie radio talk show hosts. To be honest, Jay strikes me as a bit homophobic (I could be wrong); however, to his credit, his arguments against gay marrige are based on logic, and the premise that gay people should not be granted rights the rest of us don't enjoy. For the record, I think he should get over it.

The thing that popped this issue into my mind was actually Rosie O'Donnell's appearance tonight on Hardball. Usually, I can't stand Rosie O'Donnell. She typically typifies (at least for me) the screeching, wild-eyed liberals that seem to be so angry that they're totally unwilling to "come to the table" to discuss anything in a reasonable manner. But despite my own knee-jerk feelings about Rosie, the focus of Chris Mattews interview was something that I think is really noble use of her personal resources.

Rosie is the subject of a new HBO documentary entitled "All Aboard," which depicts a new venture she has started called "Rosie's Family Cruise." It wasn't clear whether this is a for profit or a service venture, but either way it's a good cause. Rosie's family Cruise is a cruise ship vacation that provides a friendly environement for gay familys with children. The idea is based on the reality noticed by many gay couples -- it can be really tough to be the child of gay parents. The family cruise is a vacation that gay families can take their children on and be around other families "like their own." I think this is a great idea, and an opportunity for a great positive experience for children who may not feel like the rest of the kids at school.

As for gay marriage, my message for all conservatives is that they should "get over it." The "high ground" on this one is grounded in liberty. This is the land of the free, meaning as long as you're not infringing on other people's rights, we'll take embrace you into our culture. Of course, the flip side of this is gay people respecting the right of others to disagree based on their religion. You don't need to disagree, but those fringe players looking to "stick it" to the religeous types by dancing in chaps in the St. Paddy's day parade....well, you're not helping anyone's cause.

Wednesday, April 05, 2006

Do you know who *I* am?


Those whacky Democrats! The party who always lays claim to “protecting the little guy,” apparently doesn’t apply that spirit of public service to those who wear a uniform and get paid by the hour. Normally I wouldn’t pick on all of the Democrats for Georgia Representative Cynthia McKinney’s preposterous, but singularly executed behavior toward a Capitol Policeman this week. However Representative McKinney’s pulling of the race card in what is so obviously a case of hubris run wild is so typical of the left these days.

When asked about the incident with the Capitol security officer, Representative McKinney insisted the reason she was pulled aside was racial profiling adding, “"Let me first say this has become much ado about a hairdo." The really sad part of the political correctness movement is that it’s put the scare of the “r” word so deep in American society that it has become permissible for the atom bomb of political insults to be dropped on even the most innocuous of events. Don’t get me wrong, disobeying and even overtly disrespecting a uniformed police officer is pretty heinous behavior.

This Conservative Republican will go on the record and say this little incident certainly doesn’t warrant the time of the Justice Department or the U.S. Attorney for the District of Columbia. I mean honestly, we’re going to waste the time of a Grand Jury on this incident? What I would say is that with all the real negative effect of true acts of racism in the world today, are you, the people of Georgia’s 4th Congressional District really happy being represented by someone who screams “racism” to cover up her own bad behavior?

Monday, April 03, 2006

Lord of War


I've just watched the most disturbing movie. I'm a big Nicholas Cage fan. He often plays either the likable everyman or the quirky but somehow empathetic misfit. In Lord of War, Nichloas Cage plays an arms dealer. His character, Yuri, sells arms to buyers all over the world, all the while telling himself that he is not responsible for the carnage and genocide the weapons he sells cause.

Throughout the movie, Yuri sells arms, especially the AK-47, to countless armies around the world, but especially in Africa. Yuri is thoughtful, even philospohic about his profession, and the havoc it brings to the world. His character is almost "Tony Soprano-ish" in that he is sympathetic and yet horrible. He lives the life we all live, wishing for success, and loving the unatainable beauty queen from afar. He gets her, but squanders the life he's built becuase the one thing he is good at is evil, and fueled by his own greed. The movie is good, because Nicolas Cage is able to humanize the character, but even still you end up absolutely hating this sublime character, and understanding that the world actually does contain people just like him.

This is a thoughtful movie. Especially for someone like myself who fancies himself a "constitutionalist," and supporter of the second amendement. You can't watch this movie and still tell yourself "guns don't kill people, people kill people." Gun ownership is something I admit I am completely conflicted on. It's a genie I wish that the United States could put back in its bottle. In reality you can't though. In our society, if you banned guns, only the criminals would own them. On the other hand, organizations like the NRA which oppose simple checks and balances like waiting periods to purchase firearms are short-sighted. Sportsman and citizens looking to defend themselves will happily comply with controls like waiting periods, because they are honest citizens who believe in the law. Opposition seems nothing more of an opposition sponsored by the corporate gun lobby. There may be points of view i'm not yet considering (yes, that's a hedge). Still, that's the kind of comment you can feel free to hold me to someday when i run for office on a conservative ticket. Guns aren't black and white - they a hard issue that good men and women must make thoughtful, educated decisions on.

Saturday, February 25, 2006

Forty-Second Boyd


Robert Coram’s “Boyd – The Fighter Pilot Who Changed the Art of War,” is a great read about Colonel John Boyd (U.S.A.F), the man many consider the greatest military strategist since Sun Tzu. Coram paints the picture of a larger-than-life man who had a “damn the torpedoes” attitude toward everything bureaucratic and wrong about the military. His inability to temper opinions in front of higher ranking officers and the military establishment in general undoubtedly severely limited his career. At the same time the breadth of his contribution toward military thinking and the defense of the United States is astounding.

John Boyd is arguably the best fighter pilot in American history. In the 1950s he earned the nickname “Forty Second Boyd” at Nellis air force base where as instructor he defeated all comers in simulated air to air combat in forty seconds or less. His abilities as a fighter pilot gave him unique insight into the full potential and glaring weaknesses of the fighter jets he flew.

Boyd made an unheard of transition, from fighter jock to scientist and engineer. During this transition Boyd published an article called the “Aerial Attack Study” that quantified air to air combat in terms never put on paper before – this represented a first step in changing fighter combat from a pure “gut feel” practice to a science that could be learned. He went on to totally revolutionize the field with the development of “Energy-Maneuverability Theory.”

“The E-M Theory, at its simplest, is a method to determine the specific energy rate of an aircraft. This is what every fighter pilot wants to know. If I am at 30,000 feet and 450 knots and pull six Gs, how fast am I gaining or losing energy? Can my adversary gain or lose energy faster than I can? In an equation, specific energy rate is denoted by “Ps” (pronounced “p sub s”). The state of any aircraft in any flight regime can be defined with Boyd’s simple equation: Ps = [(T-D)/W]V, or thrust minus drag over weight, multiplied by velocity. This is the core of E-M.” p.147-148.

From this simple equation Boyd was able to determine the performance metrics of both U.S. aircraft in use and Soviet MIGs, and their relative strengths and weaknesses.

To a civilian, reading “Boyd” is an eye opener into the ways the United States military approaches defending our country. Movies like “Top Gun” might give the impression that skilled fighter pilots have been a celebrated and highly valued part of America’s defense. Surprisingly, in the halls of the Pentagon nothing was further from the truth. The various military services, and the Air Force in particular followed a philosophy of interdiction that led to a “bigger, faster, farther” mindset when it came to aircraft and weapon system design.

Boyd, with the help of his “acolytes,” six men who with Boyd became known as “the Reformers,” was able to beat back the “bluesuiter” careerists at the Pentagon to radically influence multiple new plane programs. This included the F-15, the F-16, and the A10 “Warthog.” The F-16, known as the “light fighter” was a plane that no one in the Pentagon wanted and one that Boyd effectively shoved down their throat (with good reason). Based on E-M theory a lighter fighter has far more ability to lose and then regain energy, making it a far more maneuverable, and deadly weapon. This was in direct opposition to the Air Force’s theory of “push button, let missiles do the rest” warfare.

And that, as they say, is where Boyd’s career gets truly interesting. After making internal enemies throughout the Pentagon (mostly through his hard charging, disrespectful attitude toward incompetence and careerism, and of course direct opposition to status quo thinking) Boyd retired as a full Colonel in 1975. From there he spent the next 15 plus years working as a consultant to the military virtually for free (Pentagon rules forced him to get paid something, so he accepted one day of pay every two weeks). During this period of his life Boyd became a true scholar. As Coram describes it Boyd, interested in how he initially discovered E-M delved into works from all disciplines, eventually publishing a work entitled “Destruction and Creation.”

Boyd continued to have massive, though unofficial influence at the Pentagon. Through mentoring and support of his “acolytes,” and through a briefing entitled “Patterns of Conflict” that he delivered hundreds of times, Boyd began shaping the thinking on how the United States should fight wars. A favorite of few generals, Boyd’s thinking found traction with those open to new ways of fighting, including back-channel relations with multiple high level people such as the Secretary of Defense.

Through the “Patterns” briefing, Boyd’s developments, including the OODA Loop found their supporters. Ironically, it was the Marines, not the Air Force that primarily adopted Boyd’s thinking. One of the Acolytes, Mike Wyly had fought in Vietnam and recognized the error of “straight up the middle” attrition warfare practiced by the U.S. Military. Wyly was in a position to influence Marine combat training using Boyd theories (though he experienced the same resistance that eventually ended his Marine Corps career).

Boyd’s most impressive accomplishment is the performance of the Marine Corps in the Gulf war. U.S. strategy in that war, with the support of Secretary of Defense Dick Cheney and General Colin Powell was unquestionably influenced by Boyd and his work:

“What is still not generally known to the public is just how well the Marines performed in the Gulf…. Three days before the war officially began, Myatt’s (General Mike Myatt) men raided deep behind Iraqi lines. They bypassed strong points, forgot their flanks, and penetrated so deeply and caused such confusion that the Iraqi Army rushed in reinforcements against what they anticipated would be the main thrust of the American invasion. Then they began surrendering by the thousands. Nowhere can be found a better example of Boyd’s ideas on “folding the enemy in on himself” than in the fact that some fifteen Iraqi divisions surrendered to two divisions of Marines.” p.424-425

Today, a wide school of thought in both military and business strategy is based on Boyd’s work. Web sites such as www.belisarius.com and http://www.d-n-i.net/ showcase Boyd’s ideas, as well as hundreds of articles and books. “Boyd,” is a great read about someone who is clearly an American hero.

Monday, February 13, 2006

Oh Get a life!

UGH, sometimes the network news drives me out of my mind. They make stories where there are no stories! David Gregory of NBC News is such a moron. Tonight he's all indignant on Hardball that the Vice President's office waited a day to inform the press of the V.P.'s hunting accident.

David Gregory, it's not about you. "We have difficulty getting answers to these questions because of decisions the V.P. and his staff made."

It is a hunting accident. It is NOT politics. What does Dick Cheney's mis-handling of a shotgun have to do with ANYTHING relevant to anyone else in the country.

Chris Matthews, "Why was this handled so differently?" Chris, it's handled differently because it is the V.P. of the United States. For the love of God, get a clue. Stop acting so indignant. It's disingenuous of you. Phony.

Tuesday, January 31, 2006

State of the News...

It’s 9:17 p.m. EST. President Bush has been presenting his 2006 State of The Union speech for about 4-7 minutes or so. I’m watching the speech and surfing the web at the same time and can’t help but notices that both Boston.com and the WSJ already have published articles on the speech. Yes, they’re media outlets that get text of the speech ahead of time, but is it really journalism to have the headline “Bush to say ‘America is addicted to oil’ in Speech,” on Boston.com and “Bush made lessening reliance on Mideast oil….” As the top story on WSJ, even before he’s STARTED the speech – let alone finished.

It’s 9:21 now. CNN.com says, “Bush: We will Fight for Freedom,” and goes on to say “President Bush used his State of the Union speech to spread his vision of a world free of dictatorships and terrorists. Referring to terrorist attacks in London and Russia (something he HASN’T actually done yet- my Tivo has a delay for live TV, but it’s not THAT bad) he said: Terroirst hope these horrors will break our will, allowing the violent to inherit the Earth.”

9:23- Foxnews.com “We Seek the End of Tyranny,” and goes on to say “President says nation must not falter in War on Terror, should end dependence on Mideast oil through alternative energy.” Hasn’t said that yet.

9:26 – www.nytimes.com – “Bush Messages: Defeat Terror and ‘Keep America Competitive’” Well, the story has time stamped 9:17, but he hasn’t yet said what they say, that “President Bush _said_ tonight that Americans must break a national “addiction” to oil to preserve their country’s prosperity and security. Of course the caption under the what actually looks like real time photo does offer a future tense outlook: “The speech is _not expected_ to offer any bold initiatives for 2006 or present any significant news on Iraq.” Guess the caption writer isn’t “real time,” same liberal bias though!

9:29 – www.washtimes.com – Holy cow! The Washington Times – what a bunch of hacks! The lead story for this conservative paper is…”Coretta Scott King dies at 78.” That was SO this morning’s news, it’s like they stopped to think before they wrote something. Amateurs!

9:32 – www.drudgereport.com – “America is Addicted to oil” – well, we expect Drudge to have the scoop ;-)

9:34 – phew, we’ve gotten to the part where only half the crowd stands and claps for ideas. That would be the Democrats sitting down to the suggestion of re-upping on the Patriot Act. They wonder why they’re perceived as weak. Look at that, Hillary is smiling.

9:36 – news.bbc.co.uk – “Bush Warns US of ‘oil addiction.’” Not surprising, hasn’t said it here yet, but those Brits are five hours ahead, so the speech is over there, right? ;-)

9:38 – abcnews.go.com – wow, something he actually already has said, “President Bush asked Americans to reject the false comfort of isolationism.”

9:40 – www.cbsnews.com – “We Will Never Surrender” – nope, hasn’t said it yet.

9:40 – Bush asks to make his tax cuts permanent, camera quickly pans away from frozen-sitting Democrats.

9:42 – “Pass the line item veto,” Those pesky Supreme Court Judges won’t clap for ANYTHING!

9”42 – bets joke, “two of my dad’s favorite people – Me and President Clinton.” Hillary barely cracks a smile!

9:43 – “Congress did not act last year on my pleas to save social security” – the Democrats go wild, Hillary looks giddy – shameful.

9:46 – www.bloomberg.com – “Bush Seeks Support on Terrorism, Offers Modest Domestic Plans.” Google stamps it as 37 minutes ago, technically before he began speaking (wow, they’re good!)

9:48 EST – “America is Addicted to oil” PHEW! Big line FINALLY happens.

9:49 – Bush proposes all sorts of new spending on alternative energy. Hmmm…where are those nutty environmentalists on this one?

9:53 – Okay, yeah I admit it, this is kind of a boring State of the Union so far.

9:55 – Oops, I realized my time may be off – backed up with Tivo a while back to see Hillary get giddy about bankrupting Social Security.

9:56 – Weird. NBC will only show the left hand side of the gallery. (W’s left).

9:57 – Finally, those judges clap….for Sandra Day O’Connor.

10:02 – NBC pans the camera to John Kerry, millions of Americans heave a sigh of relief to see him…in the audience!

10:03 – It’s over. 51 minutes from start to finish they tell me. Wow, not an exciting speech. Oh well, time for the talking heads to take over the talking (ugh, bores).

Game, Set,....


Finally, the Senate confirmed Samuel Alito to the Supreme court. Look at this SHAMEFUL picture that CNN put on Cnn.com to accompany the announcement of a Justice of the Supreme court being sworn in. It looks like a picture of someone who has been arrested coming out of court. This is a man who has hit the pinnacle of his profession, one that should be revered in this country, and one of our main “journalistic” outlets takes a cheap shot at him with a “frog walk” picture? Unbelievable.

He wasn’t treated much better by the democratic portion of the United States Senate. In a shamefully partisan split vote, Judge Alito was confirmed with a vote of 58 to 42- only 4 democrats voting for confirmation (and one “Republican.”) To put this in context, Clarence Thomas, the man most railroaded and reviled by the left (unless you consider Judge Bork) got 11 democratic votes! Compare that with votes for far left Justices such as Justice Ginsberg, and consider which party is actually working under the auspices of the Untied States Constitution.

So long Maestro...


Fantastic tribute to Alan Greenspan by Milton Friedman in today's WSJ entitled, "He has Set a Standard." It's always so interesting to see 12-cylinder brains just go at it and see what scraps you can catch as they fall off the table. Messrs Friedman and Greenspan though friends have apparently long disagreed about strict rules versus administrator discretion in central banking policy. Mr. Friendman's tribute conceeds, halfway. He points out in full detail Greenspan's success versus the first 70 ineffectual years of the Federal Reserve. He conceeds that Greenspan did an excellent job keeping the money supply consistent and noninflationary while at the same time holding out that not every adminstrator will have Mr. Greenspan's talents. (Incidentally, he points out what many of us know --that it was Ronald Reagan who set the "hands off the Fed" example, first with Paul Volker and then with Alan Greenspan, that all Presidents (thankfully) now follow).

Incidentally, to my "Massachuestts" friends who haven't figured out that the economy is booming and has been for a long time -- Mr. Greenspan used his last day in office to raise the Fed Funds rate (a 1/4 point) for the FOURTEENTH time in a row. That's done because the head economist of the land is fearful of inflation, a sign that the economy is growing too fast (again, fourteen times in a row).

Also, for those who consider the Federal Reserve to be a "black box," two great reads are Bob Woodward's Maestro, as well as Secrets of the Temple.

Sunday, January 22, 2006

Many Happy Returns...


I was traveling Friday and unfortunately missed the chance to note a happy anniversary. Friday was the twenty-fifth anniversary of Ronald Reagan as the fortieth President of the United States of America. You could easily make an argument that the most important President of the twentieth century was Franklin Delano Roosevelt, and you’d probably be right. However, I don’t think there is any argument over who was second, and in the category of favorites (at least for me) first, and that is Ronald Reagan.

There was a great op-ed piece in Friday’s Wall Street Journal entitled “Still Morning in America.”:

“Perhaps the greatest tribute to the success of Reaganomics is that, over the course of the past 276 months, the U.S. economy has been in recession for only 15. That is to say, 94% of the time the U.S. economy has been creating jobs (43 million in all) and wealth ($30 trillion). More wealth has been created in the U.S. in the last quarter-century than in the previous 200 years. The policy lessons of this supply-side prosperity need to be constantly relearned, lest we return to the errors that produced the 1970s.”

I was in the Boston Museum of Science this weekend and happened past an exhibit on the ever changing population of the United States. The current population of the United States is estimated at just over 297 million people. People are being born at rate faster than they our dying in the country, but statistics that most interested me dealt with choice. Every 38 seconds someone in the world immigrates to the United States. The statistic for people emigrating, or moving away from the United States, was one every 137 seconds (it may have been 178 or 187 – should have written it down).

What the statistics above tell me is that when a decision is based on choice – where to live, the United States has a net gain of people voting “with their feet” to live here. It would be interesting to compare these numbers with those of other nations, especially those that are often held up as better at this or that than the United States.

Rightly or wrongly, in my heart of hearts I still believe in the United States as the land of opportunity. Not perfect in any way, but definitely the fairest, the most hopeful, and always representative of any honest, hard-working person’s best chance. I love Ronald Reagan not just for his numerous accomplishments (say…saving the entire world from Nuclear Holocaust- gotta love that one!), but because he never stopped believing in America. Ronald Reagan, more than any other President in the twentieth century, did the most to hold up the U.S. as the “shining city on a hill,” and to re-introduce Americans to the goodness that is the United States of America.

Monday, January 16, 2006

A great listen...



Years ago, if you volunteered that you liked “books on tape,” you were liable to provoke a few snickers (maybe that’s just because I hung out with English majors). To fit on the most common format, two cassettes (about three hours of listening) most books required drastic cutting to fit onto this new audio format. Listening to something on tape back then was equated with reading the “Cliff Notes,” instead of doing the work to read something.

However, in college in 1989 and finding myself driving my mother’s Ford Escort with an AM radio only (same Car/AM radio combination that introduced me to Rush by the way) I was lucky enough to stumble upon my first book on tape. I was even luckier when it turned out to be a great story by a great author, “Presumed Innocent” by Scott Turow.

To this day, Scott Turow is one of my “go to” authors for a good novel. His writing just totally sucks you in. Unfortunately, he seems to write way too slow. Don’t quote me, but I feel like he only puts out a book once every three or four years!

I am reminded of all this because I’ve just finished listening to the latest Turow work, Ordinary Heroes, in audio format. The book is a bit of a departure from Turow’s other fiction works in that the main story takes place during World War Two, following Captain David Dubin of the JAG core (Judge Advocate General). Of course, the book still touches on Turow’s ever present fictional Kindel county, by framing the Captain Dubin story with one of his son, a reporter in modern day Kindel.

So between that first book on tape 15-16 years ago and this latest one a lot has changed. Subject to a whole lot of “car time” over the years, I’ve only listened to probably around 200 more books in what would otherwise be “junk” time (okay, I don’t know exactly how many, but it must be in that range). Of course for the past several years it’s been much better. Instead of tapes, you load multiple audio format books onto your iPod. Instead of abridged version, you get the entire book. And thanks to companies like Audible.com, you have access to a much wider assortment of “reading” material.

Yes, I still “read” the real way, but the advantage of these books on tape is that you can absorb that much more. I tend to devote most of my “real” reading to things that I consider work or career related (okay, sometimes loosely). The books I take in on the iPod tend to be the “fun” stuff I might not normally make time to read. Or it may be all those books I wish I had time to read, but can’t seem to find the time.

Sunday, January 08, 2006

American Capitalist


After a false start of just a few chapters last year, I’ve recently picked up and finished pouring through Roger Lowenstein’s biography of Warren Buffett, “Buffett – The Making of An American Capitalist.”

This book is a great read, especially for any like-minded business-book junkies like me. Having said that, I’m not sure there is a whole lot I can say about Warren Buffett that a thousand others haven’t beat me to many times over. However, what does occur to me is that I can further clarify a post to this blog I made back in December.

In a post prompted by the "news of the day," and entitled “Predators serve a purpose, (Dec. 11th)” I talked a little bit about my view of corporate raiders serve a purpose by keeping the management public corporations on their toes. Since Warren Buffett has often played the White Knight role, protecting the occasional good management team of a company put in play by raiders, it occurred to me that I should also highlight what I think is a much more important, perhaps even “noble,” component of the free market – the true long term investor.

From the book:

“One time, Buffett said an investor should approach the stock market as if he had a lifetime punch card. Every time he bought a stock he punched a hole. When the card had twenty holes he was done—no more investing for life. Obviously, the investor would filter out every idea but the best.”

Much more than corporate raiders, the long term investor holds up and supports our market system by financing industry. Warren Buffett actually stands out among the world’s super-rich because his fortune was not built solely one main business, but instead on his ability to evaluate many different businesses. The brilliance of Buffett is not just that he is able to assess intrinsic value of a business, but also in his ability to allocate capital by repurposing free cash flow from one business into another.

“ What counted was the profit as a percentage of the capital invested. That was the yardstick by which Buffett would grade Chance’s [the top manager at Berkshire Hathaway’s textile mills] performance.” A Buffett would say, “I’d rather have a $10 million business making 15 percent than a $100 million business making 5 percent,” Buffett said. “I have other places I can put the money.”

Incidentally, my favorite business book ever, that is, the one I think if studied enough could probably replace my entire MBA, was written by Warren Buffett himself! The Essays of Warren Buffett: Lessons for Corporate America,” is actually and edited compilation of Buffett’s writings, primarily from Berkshire Hathaway annual reports.

In combination, the two books are a great course on Warrant Buffett the man, and the philosophies that have made him the second richest man in the world.

Thursday, January 05, 2006

Pictures...


I get no credit for this from my friends, but I'm actually a really nostalgic person. Very much from my own personal experience, but I also attach a lot of feeling to famous people I don't know. I came across this picture of Peter Jennings in a "famous people who passed away in 2005" article. It's great.

I'm a "big bad Republican" who loves to rail at media-bias I see on the TV (and it's there every day) and I actually think of Peter Jennings, as part of that media establishment. But, at the same time, I totally love Peter Jennings. Somewhere around the age of ten, I really got "into the news." I credit my father, who always wanted to watch the national news. Somewhere a year or two after that I became one of the one or two kids in class who knew the name of foreign leaders - who knew the location of countries around the world.

I forget exactly what year, but somewhere in my life, Peter Jennings and ABC News became my favorite Network news outlet. I know it was my favorite, because my dad would watch one national news show at 6:30, and then we'd switch channels and watch a second on a different network. Later on in life I became a Tom Brokaw fan, but for a good ten years, Peter was the man. I'm very sorry that he's gone....

"Don't mess with Texas!"


I _love_ this picture. All my "commie" friends...eat your heart out! (Totally cop-ed it from Time "pictures of the year," but no one reads my site anyway...

Tuesday, January 03, 2006

Real (good) Sports


I have just seen what I think might be the best hour of sports reporting I think I’ve ever seen. I’ve liked Real Sports, with Bryant Gumble in the past, but I’ve never made it a must see television show. Tonight I watched the 2005 “recap/best-of” show and each story was more interesting than the next. Four stories from 2005 that were heart- wrenching/inspiring, astounding (in a bad way), outlandishly funny (and again, astounding), and finally just plane happy.

The first story was from right here in Boston and profiled Rick and Dick Hoyt. I’m not a native New Englander, but I feel as though every year I have been here I’ve seen some mention of the guy who pushes his wheel-chair bound son through the Boston marathon. Rick Hoyt was choked by his own umbilical chord before birth and was born without the ability to move any part of his body save his head. He wasn’t able to communicate with his own mother and father until hooked to a computer when he was twelve, his first words being “Go Bruins.” In 1977 Rick inspired his father to push him through a five mile road race to inspire a man who had recently become a quadriplegic; this despite the fact that his father was no athlete. Now 65 years old, Dick Hoyt has pushed his son through endless marathons and triathlons—either pushing his son in a wheelchair, riding him on a specially handlebarred bike, or pulling him in a raft while swimming. Even so he beats out many athletes despite the added weight.

The second story was maddening, astounding even in 2005. The story profiles the constant presence of outright, unabashed racism of European soccer crowds. Any time a black athlete in one of these games is passed the ball they are berated with a “monkey chant” or bombarded with actual bananas. Not just a few, but ten or fifteen at a time. That’s a lot of people practicing pre-meditated hate. What’s more, this isn’t just one stadium or country practicing this, but multiple throughout the UEFA. Hundreds of fans at once giving a Nazi Seig Heil salute (Spain and Italy, as well as Eastern European states were singled out as the worst, though British white supremacists were also profiled). I’m reminded of the article I wrote about where France disallows Muslim head-dresses ("What did you expect France?"). I know the United States has a racism problem. I know it’s still there, but this…was…astounding. Horrifying even. No excuse really. I’m certainly going to pause the next time one of my liberal friends tells me that we need to worry because “W” has lowered the respect of Europeans around the world. (yes, I know it’s an unfair generalization- but they obviously have their own issues).

The third story was finally funny – in a “this is unbelievable?” kind of way. In Kentucky there is a horse by the name of Storm Cat. A grandson of the famous Secretariat, Storm Cat only made around $500,000 total in winnings as a racer. However, it turns out that the offspring of Storm Cat had a gift for running ($90 million total in winnings so far). As such, Storm Cat gets sold out for stud. Twice a day, seven days a week, 365 days a year Storm Cat…has sex with other mares (that’s 730 a year “for those of you in Rio Linda” minus a few repeats and rejects). The Stud fees for Storm Cat are…hold on to your hats here…$500,000 for each conceived horse. Given that the horses are timed to be in heat, that’s a lot of baby horses, $20 million per year at the current rate. Storm Cat is currently the father of at least 1,200 horses! Probably the funniest, and at the same time unbelievable thing I’ve seen on TV in a long time.

Lastly is the story of Ryan Belflower, a special education student who beat the odds by making the varsity basketball team at his High School. The story is heart-warming, and good, and reminds me of the movie Rudy. In the end Ryan gets to play in “junk time” during games where the team is either winning real well or losing real bad. The story ends happily when Ryan finally makes a shot in his 26th game, and last chance in regular season as a senior. He goes on in a playoff to make two straight three pointers. The best part is the overwhelming support of his community and school, proving that sometimes, people…are just…good.

Great show. (HBO is _SO_ much better than normal TV).

Monday, January 02, 2006

Rich is right

Rich Karlgarrd's latest column is must read. It's entitled "The World's Worst Disease," and unforuntately too man people have it....

“It won’t fail because of me.”


I just finished reading Andrew Chaikin’s book about the Apollo program entitled “A Man on the Moon.” This is a fantastic read, especially for someone my age who “missed out” for the most part on the most exciting piece of America’s space program. Having been born in 1970, I of course missed the first landing on the moon in 1969, and was blissfully ignorant of the five other landings that finished up in 1972. At this age, men having walked on the moon –the moon – has always just been a fact of life. I feel cheated for not having been born at an age where such a fantastic voyage was still just a possibility.

This is a great book for reliving the excitement and wonder of what is surely the greatest exploration missions undertaken by man. The book is a fantastic narrative of who the Apollo astronauts were, how they made it to the moon, and what they did there. But putting the amazing adventure and science aside, what the Apollo program really is is an example of an enormous undertaking done right:

“It was being part of a team that was dedicated to something that transcended individual aspirations. That’s what Apollo was. It was thousands of people who were willing to work day and night…You can’t imagine what that’s like compared to an every day experience. “
- Ken Mattingly, Apollo 16

“The Lesson,” as Chaikin explains of Apollo, “is that we can do difficult things, when the objective is clearly defined, and when enough people and funds are dedicated to accomplishing it.” I am struck by what a huge, wonderful, and unquestionably good thing this was, accomplished on the backs of literally thousands and thousands of people who all said to themselves, “it won’t fail because of me.

Of course, reading this book every page you’re continually struck with the thought, “why did we stop?” Men have not walked on the moon now for thirty-four years. As one of the astronauts points out in the book, the moon has a surface area one quarter that of the Earth’s. Why should we think we have it figured out because we visited it in six small places? If mankind is to explore space further, it inevitably will re-start with the moon. There is no Mars landing without first revisiting the moon and “setting up shop.”

The real tragedy of the Apollo program is how we just abandoned it and all the knowledge gained with it. You might think that since we did it once that we could, with a little elbow grease and a few greenbacks, accomplish it again. You’d be sadly mistaken. In truth, everyone who made Apollo is gone. The scientists, the engineers are all retired or dead or both. You may think there’s massive blueprints that NASA can just pull out of a drawer and rekindle moon missions when it pleases, but unfortunately it doesn’t work that way. As Ken Mattingly warns, “If you don’t build things, you don’t know how to build things. We can’t handle a ten-year hiatus. There won’t be anybody left.”

It’s both incredibly exciting and at the same time sad that the real action in space at the beginning of 2006 is in private space flight. Burt Rutan and SpaceshipOne have jump-started a private space industry that will eventually be mammoth. Unfortunately the achievement has nothing to do with exploration, but more of applied engineering. Just like any “cheap revolution,” as Rich Karlgarrd calls it, the reduction in price of anything really good will foster it’s increase use. Space tourism will come to the masses eventually because so many “rich” people are willing to finance an as yet un-built private space ship fleet by committing $200,000 of their own money today.

While any space enthusiast has to be excited by the coming onset of a private space industry and its associated price deterioration, there still remains a role for a publicly financed space program. In a word, “exploration.” Thomas Jefferson opened up a whole new world for the United States when he financed Lewis and Clarke’s expedition through the West. You could say that over time adventurers would have found the same routes, but exploration and scientific discovery is sometimes better when done in the name of a people. I think the world would be well served by another Jefferson or Kennedy pushing us to explore further.

What I really wish is that I’d been old enough during the Apollo program to have had that “holy-s***, they did it!” feeling. Now that it’s so far in the past I worry that not enough of us sit around thinking what it’s like on the moon, or even what's next.

“It’s the moon that people want to hear about, and like all his colleagues, when [Pete] Conrad is introduced as one of the twenty-four men who went there, the question he is almost always asked is, What was it like? And he gives the neat, two second answer he developed long ago: Super! Really enjoyed it!”