Hitting the roof

Ok, ok, ok, ok, ok, even the Republicans, Boehner himself, have acknowledged the catastrophic nature of our nation’s defaulting on its obligations. Yet, lawmakers are trying to leverage our need to raise the debt ceiling to exact political points.

Yes, lawmakers think they can play brinksmanship with our future.  The mere fact that our politicians would keep the world — and us — in suspense until August will erode our creditworthiness abroad and the global confidence in our economy.  We think of us as a society where our word is our bond.  Well, look in the mirror.  It isn’t pretty.

Imagine how you would view a country so divided in their “parliament” that one side is willing to risk ruin to have its way — slash and burn tactics.  So, just because we are the United States of America, you think we can mess with this stuff, without ramifications?  If you do, you are arrogant AND crazy.

Am I good with so much debt? No way.  I pay my credit cards on time.  I can afford my mortgage and could pay it off tomorrow. I believe that a person, a family, a country must live within its means.  If we need to spend more, then someone needs a second (part-time) job.  We didn’t do that and fought two wars and gave tax cuts to people like me who never asked for one, didn’t need one and didn’t want one.  So, now we have to live with the consequences. And I am willing to pay more in taxes to clean up George Bush’s and Trent Lott’s and Bill Frist’s nightmare.

It is important to note that the GOP — under whose governance drove us into this debt hole — is the party that is playing it to the bone.  Not because they are arrogant; but because they are hypocrites.   And the hypocrisy is so galling that it makes me want to go to the Congress and shout: “WORRY ABOUT US AND NOT YOUR POLL NUMBERS, YOUR JOBS AND YOUR POWER!!!!!!! FIX IT NOW.” If there is a report of a middle-aged lunatic screaming in the House of Representatives, you’ll know that I may be off-line for a while, in federal custody.

I think we have to raise the debt ceiling, not only because the credit of our great nation is at stake, but because it makes sense.  And, although I am an unabashed and unapologetic liberal, I am conservative in my investments and my rationale for raising the debt ceiling is, to my mind, steeped in the rudiments of getting out of debt and on a sustainable course.

It is, perhaps, counter-intuitive that a shirt-maker in bankruptcy should be allowed to borrow MORE in order to pay workers to stitch together the pieces of cloth so that they become shirts.  Scraps of cloth are worthless; however, a completed shirt sells for something.  That differential is presumably more than the amount borrowed.  The net effect is that there is a meaningful exit from bankruptcy where the assets of the company are maximized to pay off debts and re-emerge on sounder footing.

We have many fights ahead about just how we re-emerge from this mess a stronger nation, indivisible, with liberty, FAIRNESS and justice for all.  Let’s give ourselves some breathing room, for our sakes and the future of our country.

You may disagree with me on principle (IFOB (Italian friend of blogger) and JR (old friend from Camp Wingate/Camp Kirkland): go at me) but you can’t disagree with the necessity and exigencies of the circumstances — with a no-win choice, you must choose to raise the roof.

 

Dear Paul

Dear Paul:

I am not a Ryan, but I know members of your extended family. 

I know you come from such a good family, with strong community values based in religious precepts, like the one about taking care of the poor and the stranger.  Or the other one about not putting a stone in the way of a blind person.  And even though Rabbi Hillel said, “do unto others as you would have them do unto you,” that is totally in sync with the Christian Bible.

Here’s the big problem with your budget:

No amount of spending cuts is going to get us out of the hole caused by waging war in Iraq, Afghanistan and, now, Libya. 

Paying for these requires tax increases.   (Remember when the GOP just put the Iraq and Afghanistan tabs on the credit card and, oops, forgot to put these line items in the budget??????) 

Cut all you want from social programs, etc.  Go on.  

But one year from now, when the deficit is still essentially as large as it now, there will need to be a tax increase on all Americans. 

All you will have done is gutted the social compact that each generation has with another:  we will not leave those vulnerable in our society — the young and the old — to fend for themselves.   The very social compact that makes America great.

What are you thinking?

The New Me (In the Test, Day 7-ish)

It is hard to describe how I feel as I watch the events unfold around the world, but let me try:

say you are in a bath (reading a book, sipping red wine in the hypothetical awesomely fabulous Manhattan apartment) and you pull the stopper to let the water drain.  At that exact second, you hear a big BANG from somewhere.  So what do you do?  You put the stopper back in the drain and shiver a little.

Powerless and with shivers of fear.  (FYI:  I don’t live in the hypothetical fabulous apartment, I am drinking an unfortunate Sauvignon Blanc (I don’t even like white wine) and I have no time to expand my intellectual acumen (maybe when my son is 10).)

In truth, I never thought anything was out of my control until TLP (the little prince) was born.  Now, I worry about the world after I am dead because (I hope) he (and his children) will still be alive. THAT makes what we do now even more important.  Because we all know that the harvest reaped in two generations will be directly related to the seeds we sow now.

My mom always believed that if you can’t change the big things, then start with the little things, but you must always, always, strive to repair the world (tikkun olam) — תיקון עולם

Here is the difference between Mom and me.  Mom just did things.  I, first, need a whole new outfit and work-out regimen.

Did you think I could stay so serious and not deflect my fears, hopes and dreams by lapsing into (sometimes, forced) humor?  DO YOU KNOW ME?

Sooo, deflectors are engaged.

One has to have strength to repair the world, no?

Ok, so let’s critique my old gym regimen, also known as, NP2 — “no pain, no pain”:

  • 3 times a week, get on the stationary bike for 30 minutes, but quit after 25 minutes.  Don’t even break a sweat.
  • Think about doing sit-ups. Hyper-ventilate about the anxiety of dealing with my expanding midriff. Suck in my stomach and do something else.
  • Do push-ups because I actually can do them.  And not the girl-y ones, either.
  • Do back muscle exercises because I don’t want to stoop too much in my dotage.
  • Talk to some people, less now that some gym friends have moved to other locations.
  • Notice the time and realize I have to get home.

There was a time when I could suck in my tummy, arch my back a little and my stomach would be flat and my breasts “perky”.  One cannot leave on memories of prior glory.  Starting tomorrow (because I am drinking wine and might hurt myself if I tried it out now):

My new, Spring, regimen, also known as SPB2 — “some pain, but buff”:

  • Buy some new outfits for my new gym state of mind.
  • Do Michelle Obama arm exercises because we all deserve to look like we could go sleeveless on national TV.
  • Do something cardio for 40 minutes. And actually break a “glow” but no sweat because I am becoming more genteel (and eccentric) as I age.
  • Stop watching the TV because next year Oxford English Dictionary will declare “pundit” a synonym of “idiot” and people who watch pundits “vidiots”.

I promise, Mom, in the midst of my self-absorption, I won’t forget about tikkun olam.  For your grandson and your great grandchildren.  For everyone’s children and grandchildren.

תיקון עולם

The Test

COB (colleague of blogger) is tired of my doom and gloom. (Really?  I thought it part of my magnetic personality. . . .)

And that, in and of itself, is shocking, since COB was discussing that the end of the world could occur on December 21, 2012.  Something about the Mayan calendar, Nostradamus and planetary alignments. Not that COB BELIEVES it, or anything.  But he was just putting it out there.

Probably to stack the odds before he dared me to be hopeful and cheerful for one month.  ONE MONTH.

In case you didn’t read carefully enough, I was challenged to be hopeful and cheerful for one month.  (COB is a poker player and probably has side bets on whether I will sink into despair in 5 minutes, 10 minutes or 2 weeks.)

I think it is funny that people are talking about the end of the world being in 21 months away, since Japan lies devastated (and its nuclear rods laid bare) by an earthquake and then tsunami, Libya is in civil war, Bahrain and Yemen are in chaos, the Ivory Coast is a bloodbath, we are in two wars, our deficit is out of control, the recession hasn’t ended for most Americans and we have a dysfunctional Congress, and on and on and on.  Sounds like the end of days now.

BUT, I digress, comme d’habitude.

Back to sweetness and light and kumbaya.   A dare is a dare and I have my pride.  So, forget the images of Hiroshima and Nagasaki.  Forget images of breadlines during the Depression.  Forget the daily carnage for an acre or two of oil fields.  I am going to be happy, hopeful and cheery, Gosh darn it.

So, here is what I did today to make good on the dare:

  • When I was at the gym, I didn’t tell the stinky man that he was curling my nose hairs, as we took turns on the same machine.
  • I made sure that all elderly, infirm or pregnant people on the bus had seats.  (Yes, I know I am too pampered to hang with humanity, but the recession hasn’t ended.)
  • I swore to POB (partner of blogger) that I would take a time-out from the 24-hours news REcycle, where the object is to scare us more than to provide information.  (Note to self:  If Wolf Blitzer or Anderson Cooper is at the nuclear power plant in Japan, it can’t be releasing THAT much radiation.)
  • I kissed and hugged my son, as I asked G-d (and whomever else with power over these things) to protect him from the chaos.

Not bad for my first few hours of Blogger-High-On-Happiness.

lucky

I hopped a cab tonight because I really, really, couldn’t deal with the humanity that crowds the subway.  Well, actually, it was late enough that the trains wouldn’t be crowded, but still.  There was a chill in the air (frigid, perhaps) and I needed to get home.  A long-ish day.  Not like the “old days” but then again I am not in my 20s or 30s any more (barely still in my 40s).

The cab driver was talking on the phone.  His driving skills were basic:  if your foot is not on the gas (accelerating in a way that gave a born-and-bred Manhattanite motion sickness), then your foot must be on the brake.

Ok, so I needed him off the phone and off the gas pedal.  Hmmm.  I struck up a conversation.

“Where are you from?”

“Sudan.”

“What do you think of the elections?”

“I don’t think it will change much.  There will be fighting.”

“Are you from the north or the South?”

“North.  Independence won’t change anything.  People will fight each other now in the South.  Many different peoples.”

“Same problem in the North?”

“Government there is strong.  So, no fighting in north.”

I offered “brutal” as a more apt description.

He said, “way of life there, not here.”

I had no response to that simple statement of relief and admiration for this country.  I asked him what he thought about Egypt.

“Now the world knows what has been happening there.”

I was silent.  Maybe I should have known before.  I just didn’t think about it.

He offered up, “no one speaks to police.  too much bribes and danger.  not here, government is less corrupt.”

I had never thought of our government in terms of lesser corruption.  Not the superlatives we were raised to expect of our government.  But he meant it as a true compliment.

My world view, turned on an incline — “less corrupt” as a compliment and an ideal.

Another lesson in life from a stranger.

Protesters in Egypt

I am following the events in Egypt.  As I understand the situation, there was long simmering unrest about the irreversible decades-long slide into poverty and human indignity.

Then, the harshness of life for one-third of the country crossed a line.  People took to the streets no longer fearful of the repressive regime because there was nothing more to lose.

I hope, naively for sure, that there is an orderly transition to representative government.  But not a government that looks like ours;  the government must be authentic and legitimate within Egyptian history and culture.

I think about these protesters and then I think back to the 2000 election in the US, where the voting irregularities, and finally a Supreme Court decision, effectively awarded the election to George W. Bush even though Al Gore won the popular vote.  Americans didn’t take to the streets.  Why?  Because we were rich, comfortable and had too much to lose by unrest.  Hey, I was angry but I didn’t really do anything but talk.

If we knew then what our nation would look and feel like 8 years later, would we have, should we have, taken to the streets to protest the fraud and the Supreme Court’s ruling?  Still, probably not.

And even thinking we might trivializes the determination and the courage of the protesters who are standing up against poverty, repression and hopelessness.

Fitch Downgrades Egypt

“Tarek El-Tablawy, AP Business Writer, On Friday January 28, 2011, 2:20 pm

CAIRO (AP) — Fitch Rating on Friday revised down its outlook for Egypt, dropping it to “negative” as mass protests in the country turned violent, engulfing the capital and other cities in the most serious challenge to President Hosni Mubarak’s regime in years.

Fitch said it was holding steady Egypt’s other ratings, including its long-term foreign currency issuer default rating, which was held at the investment grade BB+.”

*******************************************************************************************************

As an aside, rating agencies generally condoned the “froth” and the bubble that almost ruined us financially.

So, here is the picture:  Egyptians are taking to the streets against its government, the military is locking down cities, airports are closed, the opposition leader is under house arrest and Fitch downgrades Egypt’s “outlook”.  But Egypt’s debt paying ability is holding steady, thank G-d.  That totalitarianism for you.   Because even though people are protesting and dying for change, the bills still get paid and the palace is still resplendent.  And no situation is negative until the financial markets say so. I think that is what we have learned from these last three years.

I wonder how many people are reading the articles about the protests, etc., and how many are reading about the financial impact on debt holders.  I don’t want to know the answer, because Jack Nicholson was right in a Few Good Men, I can’t handle the truth.

Politics, Politics

Ok, the rant is building, building, building . . . here it comes!!

I liked the State of the Union address.  The President could have touted that he saved the car industry, that he kept the country from economic free-fall, that the US and Israel disrupted Iran’s nuclear capabilities, but he didn’t.  I think he should have because America needs to remember all that he has accomplished.   But that is because I am partisan.  I think he struck the right tone as willing to make principled compromises. Besides, he had one hour to say all things to all people.  Hey, now that’s a reasonable expectation.

The sign that he did a good job was that he was being pilloried by MSNBC, CNN and, even without watching it, FOX.

Oh, and, apropos of nothing, Speaker Boehner has a bad body colorist.

In the GOP retort, Paul Ryan said investment is a code-word for spending.  It is not.  There is no code. Investment is spending.  When I invest in real estate, stocks, etc., I am spending money, with an eye toward making a good return on my investment.

So, the three things that distinguish the GOP and the Democrats is who should do the spending, on what and how much.

I believe in spending on education and innovation.   I believe that these will provide a good return on the money invested.  The GOP believes that investment should be made by private enterprise.  How private enterprise would have developed the Internet and GPS or will develop high speed railways and clean energy without government grants is beyond me.  And should we abolish public education?  No, but the GOP wants to starve it so that the little money spent on it would be a waste.

We pay the least amount of taxes of the industrialized nations.  Before WWII, tax rates had some people paying 80%.  So everyone, chill out on taxes.  Remember the GOP spent willy-nilly (not a usual phrase for me) on two wars and kept it outside the budget so that the American people wouldn’t know.  So, now, NOW, we have to worry about taxing the top 2%?  Did you ask me?  If you did, I would tell you to keep my tax cut and buy some muzzles for the Tea Party legislators.  Now, that is a good investment.  Do you think it is really tea?  It is a dry weed-like substance.  We should try rolling that “tea” and seeing if smoking it give us delusions of intelligent impact on the national discourse, too.

Paul Ryan seems like a lovely guy but I was distracted by his perfect hair and a little freaked out by his Biblical references. And why is your part half way between the middle and one side?  Isn’t that radical?

Rep. Ryan said something like our regulations were fine, it was just the corporate and governmental evil-doers that stole our prosperity.  But, wait, that happened BEFORE President Obama was president.  Remember, that Decider guy?  Yeah, that one.  He was running the show.  And, wait for it . . . he is a Republican!!!  Omigod, how embarrassing, Paul.  Still, with that gaffe extraordinaire, your hair did not move.

And, will you stop about small government?  There are 300 million of us.  We need hordes just to pave roads and administer social security and Medicare, run the military and veterans benefits.  You don’t mean to scrimp on these things, do you Paul?  You even referred to the days of Lincoln as an example of small government.  Those crazy, high energy, innovative days when were no fair labor laws, children worked 14-hour days, no food or product safety laws and, oh, yes, no truth in advertising or disclosure by companies.  So we could die in the factory, die from rotten food or poisonous products or lose our life savings to corporate con men.  And, as a student of history, you know that our nation went through boom and bust cycles every decade because of the inability to regulate the unbridled greed of speculators and market makers.

Oh, yes, sign me up, Paul, for your vision of America.  Or I guess I could just go to a third world nation for the same experience.

A hero for our times — Aung San Suu Kyi

The Burmese military regime just released the rightful leader of Burma from 20 years of on-and-off house arrest. 

She has committed her life to democracy in the country renamed as Myanmar by the military so much so that she didn’t see her dying husband in London for fear that if she left her homeland she would not be allowed back.

She is a hero by the example of her life and should not be measured by whether or not she brings democracy to Burma.  And no one knows what democracy means to a people under totalitarian rule for at least two generations.

http://en.wikipedia.org/wiki/Aung_San_Suu_Kyi

I visited Burma on a lark shortly after Aung San Suu Kyi was popularly elected and then prevented from seating her government.  It was a crazy time to be there.  Stupid in retrospect. 

Burma is a beautiful country with natural and archeological treasures.  

The military desecrates these treasures as easily as it does cemeteries, houses of worship and monasteries.  Some of the country is as ungovernable as are parts of Afghanistan, where tribes and drug trade rule.

Veterans Day

Yesterday was Veteran’s Day.

I was thinking a lot about war and life yesterday.  When I became a mother and god-mother, I understood that if my son (or god-daughters) went to war, I would have to go as well, because anything that is worth my child’s life, is worth my life.  (And the corollary: if you mess with my children, you mess with me.)  Of course, I think it would be hard to take your mom into battle.  But if you know me, you know that the enemy should be really, really, scared.

So, I am grateful to the young men and women who routinely put their lives at risk for the high stakes political chess that our world leaders play with way too much glee and ooky blood lust.

And I am grateful to the veterans of prior wars for their sacrifices.  It is hard to imagine old men and women in their prime, as spies (www.dailymail.co.uk/…/Tragedy-WWII-spy-Eileen-Nearne-escaped-Gestapo-died-alone.html) and soldiers and nurses on the front.  They look so old and enfeebled now.

Today, as I was leaving my office, I saw two old men in wheel chairs.  Using “old” is somewhat euphemistic.  “Ancient” is more appropriate.  Incapacitated and dependent.  When I see random ancient people on the street (as opposed to family), I cannot think of them as once young and vibrant.  I just see strangers with no past and probably not much of a future.

Except the two old men in their wheelchairs with their attendants were wearing war medals and insignias of their military service.  All of a sudden, they were not inconvenient and uncomfortable reminders of my future decrepitude.  I know that when they were young, they were warriors.  Given the number of medals, they were brave warriors.   And they have stories, of war and peace, love and hate, passion and indifference.  Maybe these were good, generous, upright men.  Maybe they weren’t.  Probably, like all of us, they fell somewhere in between.

Two of my uncles were reluctant warriors in WWII.  One was captured and imprisoned.  I know his story, which is powerful (www.jewishvirtuallibrary.org/jsource/Holocaust/Shapiro.html).  It was hard to know these things about my uncle.  I know it was hard for my uncle to remember, transcend the evil, and have his story known.

It wasn’t until my other uncle, Uncle Al, died about 9 years ago that I learned he fought in the Pacific in WWII.  He never talked about it (or maybe we just didn’t see enough of him to draw him out).  My father thinks he was at Guadalcanal.  Of course, that generation never talked about the war, even when the effects of the war crippled, or at least altered, the trajectories of their post-war lives.

Truth is that I didn’t know this uncle very well.  He was the third of five sons and got short shrift by three generations of our family.  He was a quiet man with great artist skill.  I wonder if I would have interacted with him differently if, while he was alive, I knew to look at his life through the prism of the bloodshed he must have witnessed and (possibly) perpetrated in some of the most grisly fighting of WWII.

Today, we have veterans who need our support.  Whether or not we agree with the politics, their mere willingness to go to war to protect and defend us is heroic.  We owe it to these young men and women to learn their stories, help them re-acclimate to post-war lives, and protect them from their deepest, darkest memories of combat and, yes, deal with the bad things they did “over there”.

It is hard to imagine that some of our warriors and their families have not yet been granted US citizenship.  It is hard to imagine that some of our warriors and their families are treated like second class citizens because of sexual orientation.  It is hard to believe that anyone thinks our returning veterans don’t deserve the very best in medical care and social services.

I just hope that no one has to wonder, when the veterans of our generation are in wheelchairs with attendants, if they will be remembered and honored.  I hope the next generations remember that they once were warriors, protecting and defending us.