Posts Tagged ‘Bob Gaydos’

Reid’s Tax Attack: Political Genius?

Wednesday, August 8th, 2012

Sen. Harry Reid: Show us the tax returns.

By Bob Gaydos

I don’t know if Harry Reid is a liar or a political genius. It’s possible he’s both, or neither. Or one or the other.

Whatever the truth, and that’s an elusive commodity in this election campaign, the Senate Majority Leader has managed to do what the Obama reelection team has heretofore not — delivered a verbal broadside to Mitt Romney’s election campaign which actually has the potential to increase in damage the longer it hangs around.

Reid has said publicly, repeatedly, and even on the floor of the U.S. Senate that Romney paid no income taxes for 10 years. Reid says a credible source who would know such things told him. Romney says the charge is false. Other Republicans have called Reid a liar. Reid, and other Democrats, have replied simply, “Show us the tax returns.”

Genius. If I’m lying, you can show the world right now. Harry Reid is a dirty, rotten liar. If I’ve sullied your reputation by implying you evaded taxes even though you’re worth hundreds of millions of dollars (at least), hell, sue me. I repeat: Mitt Romney paid no taxes for 10 years.

The whole tax thing becomes particularly difficult for Romney, of course, because his dad, George Romney, established the precedence for presidential candidates releasing tax returns for several years when he ran for president in 1968. In releasing 12 years of tax returns, the Michigan governor said it was the best way to let Americans know of any potential conflicts of interest their would-be presidents might have as well as providing some insight into their character. Guess he was right.

Thus far, Mitt Romney has released a tax return for one year — 2010 — and an estimate for 2011. He says that’s all he will release. Even that little bit of information has raised red flags about how he feels about paying taxes, investing in America and creating jobs. There’s stuff, for example, about a bank account in Switzerland. This account was apparently closed in 2010, but there’s no way to know if Romney paid taxes on the account in previous years and, if so, how much. And why mess around with Swiss francs anyway if you’re such a proud American?

Another item of curiosity in Romney’s tax return is a $100 million IRA. Now, Americans are by and large OK with people accumulating wealth legitimately, but it is hard to imagine contributing enough within even generous legal yearly limitations to build up a $100 million IRA. How did he do that?

These questions were raised by people with a far better understanding of the tax code than I. They were posed in a Time magazine article by Edward D. Kleinbard, a professor at Gould School of Law at the University of Southern California. and former chief of staff of Congress’s Joint Committee on Taxation, and. Peter C. Canellos, a lawyer and former chair of the New York State Bar Association Tax Section.

The two also wonder about the Romneys’ 2010 federal tax rate of 13.9 percent on adjusted gross income of $22 million. That’s lower than the rate for the average American taxpayer earning abut $50,000 a year. Romney apparently used a tax loophole that allowed him, as someone who manages other people’s money, to claim an absurdly low tax rate.

With this attitude towards taxes and no previous returns to help make judgments, how are Americans supposed to know how a President Romney will address the tax code and the general inequity in wealth in America? How are they supposed to take an accurate measure of the man if he won’t reveal how he made his wealth, where it’s invested and why so much of it is in accounts in other countries?

Back to Reid. Some fact-checking web sites have jumped on him for not corroborating his claim with, you know, evidence. Fair enough. I’m very much in favor of corroboration. But the fact-checking web sites have gone so far as to say or suggest that Reid is lying because he has offered no proof. That is a reach too far. No one knows whether Reid is lying, save for Reid and Romney. Reid may be playing dirty politics. Then again, he may not. In either case, Republicans, who have made provably untrue claims about President Obama in their TV ads, have no credibility when it comes to accusing Democrats of making false accusations. Pot, meet kettle.

So what do Republicans do? They can keep calling Reid a liar and he can keep saying, “Just show us the tax returns to prove it.”

Or they can ignore the charge and let the questions linger: Why won’t Romney release his tax returns? Does he have something to hide?

Neither is good for Romney.

I’m no fan of Harry Reid or the politics of rumor, but when Republicans and their mouthpieces at Fox News — acolytes all of Karl Rove — start calling Reid a “hit man” for Obama and the Democrats, I have to confess thinking, what took them so long?

 bob@zestoforange.com

Catholic Church’s Battle of the Sexes

Thursday, August 2nd, 2012

Sister Pat Farrell, president of the Leadership Conference of Women Religious

 By Bob Gaydos

I venture with trepidation into the middle of a looming showdown of potentially historic magnitude. The trepidation is because the confrontation is of a religious nature and Americans have proven themselves incapable of conducting civil debate in this area. But my concern is not so much about the religious outcome of the showdown as it is with its more basic, universal, nature, if you will.

As I see it, the nuns of America versus the bishops of the Roman Catholic Church is a classic example of a group of women, given an opportunity to do and be more than silent, obedient servants within their institution, taking advantage of that opportunity and then being chastised and warned by the men who run the institution to, in effect, pipe down and remember their place.

Next week, American nuns will meet in St. Louis to discuss how to respond to a heavy-handed Vatican report that questioned the nuns’ loyalty to the church — a very male thing to do. The Vatican has appointed three bishops to oversee the restructuring of the Leadership Conference of Women Religious, an organization that represents 80 percent of Catholic women’s religious orders in the United States. The Vatican has made it clear that this will not be an all-voices-heard, collegial makeover, but rather “an invitation to obedience.”

The LCWR has drawn the ire of the entirely male hierarchy of the church by taking to heart an invitation issued with Vatican II to study the founding of their orders, review and discuss their missions and renew them. Vatican II, issued almost a half century ago and intended to bring the church into the modern world, also gave nuns unprecedented opportunities for higher education and advancement in the Catholic hierarchy in many areas, except for the priesthood, of course. The nuns seized the opportunity and over time became influential in many areas as heads of colleges and high schools, hospital administrators, lawyers and social workers, outspoken advocates for immigrants and the poor and activists for racial equality and protecting the environment.

This is, of course, the stuff of the modern world. So are same sex marriage, birth control and women’s rights. The nuns have discussed — but taken no official stand — on ordination for women as priests, abortion, artificial contraception and gay marriage. But to the bishops, the mere discussion of these issues — all  opposed by the Church —  is described as disloyalty to the teachings of the Church. That traditionally means case closed. Even though 95 percent of catholic women say they have used artificial contraception at some time and a majority of Catholics support same-sex marriage and any honest man or women you talk to readily agrees that if women were priests –and monsignors and bishops — there would have been no worldwide scandal of Catholic priests sexually molesting young boys.

The nuns have been given an ultimatum from the holy fathers who claim provenance over the teachings of the church. It is not clear what the Vatican will do if the nuns refuse to simply bow and return to silently serving their self-proclaimed masters. Is there such a thing as “replacement nuns”?

There are marches and vigils planned in support of the nuns. The Leadership Conference is considering a range of responses to the Vatican. Sister Pat Farrell, the president of the conference, told the New York Times that while the nuns see their questioning as faithfulness, it is seen by the Vatican as defiance. “We have a differing perspective on obedience,” she said. “Our understanding is that we need to continue to respond to the signs of the times, and the new questions and issues that arise in the complexities of modern life are not something we see as a threat.”

But clearly the bishops do. The Church has been run the way they have decreed for centuries. Now, some women (radical feminists?) want to change everything and, dare we say, maybe take some of the power? The bishops deny this. Archbishop Carlo Maria Viganò, the papal nuncio to the United States, told American bishops at a meeting in Atlanta, “We all know that the fundamental tactic of the enemy is to show a church divided.” I’m not sure to what “enemy” the archbishop was referring (another typical male tactic), but the voices of questioning here are coming from within the Church.

If I may venture ever so slightly into religion here, I believe a central teaching of most religions is to exhibit a degree of humility in one’s life. Let’s just say the nuns have done this for centuries. Let us also point out that in this fast-moving modern world there are far fewer nuns than there used to be and they are getting older.

History says the bishops will not blink. But history is written every day and often by intelligent, dedicated, passionate women. Who says they can’t be nuns?

 bob@zestoforange.com

 

Designated Hitter Redux

Wednesday, August 1st, 2012

By Michael Kaufman

I’m glad I struck a nerve with fellow Zester Bob Gaydos last week. His response to my tweaking him for his advocacy of the designated hitter (DH) rule in major league baseball inspired some of the best writing yet to appear in this corner of cyberspace. Too bad it was written on behalf of a foul cause.

Bob did not appreciate that I quoted Ron Blomberg, former player for Bob’s beloved New York Yankees and the first designated hitter to come to bat on Opening Day after the abominable rule was put into effect in the American League in 1973. “I screwed up the game of baseball,” Blomberg admitted in 2003. “I never thought it would last this long.”

I had hoped that quoting Blomberg, who was a fan favorite during the seven years he wore the Yankees pinstripes, might help Bob come to his senses. Instead, he responded with a scurrilous attack reminiscent of the Bush Administration response to people like Scott Ritter, the ex-Marine who was a weapons inspector for the UN and returned from Iraq with the news that there were no “weapons of mass destruction” to be found there. Well, sort of like that.

“First of all,” wrote Bob, “Ron Blomberg is one of those Old Timers Day ‘Oh yeah, he was a Yankee, too’ guys. He had a couple of decent years and faded fast. He was never big enough to screw up the Yankees, let alone the whole game of baseball.” Not content with simply dispensing with Blomberg, the wily Gaydos added, “But Blomberg and Kaufman miss the point.”

Blomberg and Kaufman! Do you see? By linking my name with Blomberg’s immediately after using words like “faded fast” and “never big enough” to describe Blomberg, Gaydos hoped to belittle me as well. Well not so fast, Mr. Bigshot Yankee fan and wonderful writer! First of all, let the record show that Blomberg’s career batting average with the Yankees was a robust .302 (with an on-base percentage of .378 and slugging percentage of .476). He joined the team, albeit just for a cup of coffee (appearing in four games) in 1969 when the Yankees were in a rare period of decline. (Mets fans remember that year quite well but I can understand why Yankee fans would rather erase the memory just as they don’t like to remember the 1955 World Series.)  Blomberg returned to the still-struggling Yankees in 1971 and played for the team for six years, including the “return to glory” period under the ownership of the late Geroge Stalin….I mean Steinbrenner.

Blomberg certainly contributed to that ascent with his bat. His glove is another story (the guy had hands like cement) but the point is that when it comes to the DH rule, neither he nor I are the ones who miss the point. Gaydos tells us that “next year teams are going to play teams in the other league every day. That’s not fair to American League teams whose pitchers will have to bat.” Awwwww, poor babies. How fair was it when the DH rule cost the San Francisco Giants the 2002 World Series? The Giants were a team “constructed around its bullpen, not its spare bench parts,” noted ESPN commentator Jayson Stark. Giants’ manager Dusty Baker “essentially had no DH. In fact, his Game 7 DH — Pedro Feliz — was a guy who had made it through the first six games without an at-bat. No other sport would tolerate a situation this farcical.”

For Gaydos the answer is simple: “National League teams will gladly find a guy on the bench to add some punch to their anemic lineups.” Stark doesn’t think so. “The only reason to have a DH rule is that fans allegedly like more offense,” he wrote in 2003. “Obviously, DHs are better hitters than pitchers. But how much more offense does this rule really generate? The average AL team scored one more run every three games than the average NL team last year — and got one more hit every four games. So we’re talking about two extra runs a week. That’ll pack ’em in, all right.

“The game is simply way more interesting without the DH than with it. Period. Ask any manager which is more strategically challenging — managing a game under NL rules or AL rules. It’s no contest. It’s baseball’s cerebral side that separates it from all the other games ever invented. And the game is way more cerebral with no DH than with it.”

I don’t understand why Bob Gaydos, whose middle name should be “Cerebral, doesn’t get it. Or why he doesn’t realize that rooting for the Yankees is like rooting for Bain Capital. But I’m glad we agree that dog owners shouldn’t let their dogs pee on other people’s mailbox posts.

michael@zestoforange.com

 

 

Dog Pee, the DH and Willie Mays

Thursday, July 26th, 2012

Willie Mays, "the catch," 1954 World Series, the Polo Grounds.

By Bob Gaydos

I wasn’t planning to write for the Zest blog this week because I had other stuff on my mind and nothing about which I felt a need to expound. That wasn’t good enough for my fellow Zester, Mike Kaufman.

He felt a need to call me out in a column he wrote — he actually did two of them — on whether it’s OK to let your dog pee on a neighbor’s mailbox post. Really. Even did a poll on it. Since I thought this question was covered by the “do unto others” credo by which we all aspire to live, I ignored it. But he insisted. Yes or no, Bob, pee or no pee. Exasperated, I answered: No pee! No pee! Never let your dog pee on my or anybody else’s mailbox post! Yucch.

But the pee question turned out to be a straw dog. Mike, a former sports writer, was really calling me out on the designated hitter in baseball, which I had supported in one of my previous posts. At the end of his dog pee column, he added: “NOTE TO BOB GAYDOS: Ron Blomberg of the New York Yankees was the American League’s first designated hitter on Opening Day 1973. Thirty years later he expressed regrets: ‘I screwed up the game of baseball. Baseball needed a jolt of offense for attendance, so they decided on the DH. I never thought it would last this long.’ If even Blomberg can recant, it is not too late for you, Bob. Please come to your senses. Come home to the real game of baseball.”

First of all, Ron Blomberg is one of those Old Timers Day “Oh yeah, he was a Yankee, too“ guys. He had a couple of decent years and faded fast. He was never big enough to screw up the Yankees, let alone the whole game of baseball.

But Blomberg and Kaufman miss the point. There is simply no going back to anything. Baseball has evolved over the years, becoming more attuned to what fans like, which is more offense. It’s why they lowered the pitching mound. Sure, everyone can appreciate a good pitching matchup and no-hitters are special. But a whole season of teams batting .256 facing each other and watching opposing pitchers avoid number eight hitters with .230 averages to get at a pitcher who is an almost sure out is not fun. Nor does it necessarily win games. Good pitching always trumps all else. But when all else is equal, the teams that can hit — and that means mostly American League teams with designated hitters — will prevail. Look at the inter-league games records. The American League destroys the National League

I don‘t know what happens to pitchers when they leave high school. Until then they are usually the best players all around on all their teams. That means they could hit, too. But even before the DH, major league pitchers were no longer feared hitters. Players can’t bunt anymore. It’s a disgrace. The hit and run is almost obsolete. Baseball went bonkers with steroids for a while, and everyone was a home run threat. Now, things are back to seeming normalcy, but next year teams are going to play teams in the other league every day. That’s not fair to American League teams whose pitchers will have to bat. National League teams will gladly find a guy on the bench to add some punch to their anemic lineups.

The point is, the players union will never give up the jobs and the fans who see the DH every day will never go back to so-called “real baseball.” Not that long ago, baseball players used to leave their gloves on the field and wearing a batting helmet was unknown. But once upon a time, in the 1860s, nobody (not even the catcher) wore a glove, the ball was pitched underhanded from 45-feet from home plate, the ball could be caught on a bounce or on the fly for an out and you couldn’t overrun first base. In addition, foul balls were not strikes and if the umpire, standing to the side of the batter, didn’t happen to see the pitch, it didn’t count.

Now, that’s old time baseball, too, and they still play it in Cape May County, N.J., Michael, if you’re interested. For a whole season, I’m sticking with the current version.

* * *

While I’m at it, I might as well take care of all the dog-eared baseball questions. In response to my own poll (“Where Have You Gone, Joe DiMaggio?”), my colleague Jeffrey Page responded: “Bob, What about the Question of the Eternal Triangle: Mantle? Mays? Snider? My heart says Duke. My head says Willie. Mantle? He was pretty good, too.”

OMG, Brooklyn, get over yourself. Yes, New York City had the three best center fielders in baseball in the 1950s, but the Duke was always number three and you know that in your head, if not your heart. Mantle could have been the best ever but he drank like a fish and wrecked his leg and was still an all-time great and notches above Snider. But Willie Mays had it all, including a flair for the dramatic. I watched him rain triples and chase down fly balls all around the Polo Grounds and my head and heart have never doubted his preeminence. Best ever. Willie, Mickey and the Duke. 1,2,3.

* * *

Which brings me back to Michael and his dog pee. The most fascinating thing about his poll to me is that, of the 10 people who replied, four apparently said let your dog go wherever, whenever. I want their names, Michael. I don’t have a dog, but I have a friend who has three and they’re looking for new fields of dreams.

 bob@zestoforange.com

 

Poll: No to Dog Pee on Mail Posts

Sunday, July 22nd, 2012

By Michael Kaufman

Results are in. The majority (60 percent) of  Zest of Orange readers who responded to our survey believe it is not okay “to let one’s dog pee on mailbox posts other than your own.” As explained in my post on June 25, the poll was designed to settle an argument with one of my neighbors. When we walk our dogs together, one of us permits the dog to pee on mailbox posts along the way, whereas the other regards this as objectionable (unless permission has been granted by the mailbox owner).

Each thought our opinion is shared by the majority of our neighbors. We hoped the survey would settle the argument once and for all. That, however, is not the case: The poll has a margin of error of plus-or minus 100 percent because only 10 people responded. Thus, we can only say that the findings show a “trend” in favor of prohibition.

Benji won't pee on mailbox posts without permission.

 

Respondents included six adult men and four adult women of various ethnicities and social status. The group that believes it is okay to let one’s dog pee on a mailbox post (N = 4) was equally divided between men and women (n = 2 and 2, respectively). Perhaps the most surprising finding is that among the group opposed to allowing dogs to pee on mailbox posts (N = 6), two-thirds are men (66%; n = 4).

Although the survey results show a trend validating my heretofore unexpressed opinion, I am disappointed that so few people responded. I also find it perturbing that several respondents required clarification of the question—reminding us yet again of the failure of our country’s flagging educational system. This further suggests the importance of strengthening the U.S. Department of Education, not eliminating it altogether as is often suggested by leading Republicans. But just in case anyone is still confused, let me repeat: The question was not about letting dogs pee on (or into) a mailbox.  It refers only to the post upon which the mailbox rests.

Thanks to the 10 of you who took part in the survey (actually eight not counting me and Eva-Lynne). In light of the overall lack of enthusiasm, I think maybe the first Kaufman-Zest of Orange poll should also be the last. Better to leave the poll game to Gallup, Harrris, Zogby, Pew, Rasmussen, Quinnipiac, et al.

NOTE TO BOB GAYDOS—Ron Blomberg of the New York Yankees was the American League’s first designated hitter on Opening Day 1973. Thirty years later he expressed regrets: “I screwed up the game of baseball. Baseball needed a jolt of offense for attendance, so they decided on the DH. I never thought it would last this long.” If even Blomberg can recant, it is not too late for you, Bob. Please come to your senses. Come home to the real game of baseball.

Michael can be reached at michael@zestoforange.com.

 

 

 

 

Where Have You Gone, Joe DiMaggio?

Tuesday, July 10th, 2012

The Yankee Clipper

…and other (hopefully) thought-provoking questions

 By Bob Gaydos

  • We’ll start with the summer’s top puzzler: Soft ice cream or soft frozen yogurt? They say one is healthier for you, but this is obviously a matter of taste and mine leans to the ice cream most of the time. Maybe a strawberry shortcake sundae with soft vanilla, whipped cream, sponge cake, strawberry syrup, etc. But a friend of mine swears by the black raspberry frozen yogurt at Scoops in Pine Bush. Of course, they put chocolate chips in it. Maybe that‘s what makes it better for you.
  • Coke or Pepsi? Most people, from my observation, still prefer and say, “Coke” when asked. So how come waitresses at every diner in the area then ask you, “Is Pepsi OK?” Sure it’s OK. But it’s not Coke. What the heck happened to the Coke salesman?
  • Google or Yahoo? Not to be harsh, but why bother with Yahoo? Really. And what the heck is Bing?
  • Mac or PC? I’ve got a PC; both my sons have Macs. They love theirs; I may get one some day. I fully expect us all to be doing everything on a tablet in the not-so-distant future. Even cooking.
  • Egg and cheese sandwiches made on a grill in a deli or the pre-fab Styrofoam “eggs” served up in fast-food places? OK, we all agree on this one.
  • Obamacare or No Care? After campaigning relentlessly against the constitutionally acceptable Affordable Care Act with a slogan of “Repeal and Replace,” Republicans have conceded that they have no actual plan with which to replace it, in the unlikely case they actually did repeal it. They should just ask Mitt Romney to retool the plan he introduced in Massachusetts.
  • Jeter or Reyes? … What’s that? That’s not a question anymore? Sorry.
  • Designated hitter or unathletic pitchers trying to not hurt themselves at bat? You can deduce my vote. With fulltime inter-league play next year, the DH in both leagues is the only thing that makes sense. So they won’t do it.
  • If you read a book on a Nook, is it a book or a Nook? And does that apply to Dr. Seuss?
  • Really, what the heck is a Bing?
  • I text. All the time. Only way my kids will talk to me. But has anybody under 25 noticed that it’s still a lot quicker and more efficient to actually talk to the other person? Honestly …
  • Does anybody “get” Twitter? Am I a twit if I don’t tweet? Speaking of twits, should I care what Ocho Cinco had for lunch?
  • Whether pot is legal or not, do the SUNY trustees actually think they can make every SUNY campus smoke-free in two years without putting half the students on probation?
  • Which is the more dangerous job: Catching alligators (crocodiles?) bare-handed; driving tractor trailers on narrow, ice-covered roads or repossessing Subarus? I’m betting on the repossessing.
  • When did the above become entertainment?
  • And who did put the ram in the ramalamadingdong?
  • Isn’t it true that every item on the Taco Bell menu consists of the same items, mixed in different combinations and given different names?
  • Can we find that answer on Bing?
  • Wouldn’t it be more popular if they named it Bong?
  • Does anybody remember Frick and Frack? No? No sweat, I looked it up on Yahoo: “Frick and Frack is for any two people who are closely linked in some way, especially through a work partnership.

“The origin is from a famous partnership of Swiss comedy ice skaters, Werner Groebliand Hans Mauch,   whose stage names these were. They came to public fame in the later years of a series of skating spectaculars called Ice Follies, promoted by Eddie Shipstad and his brother Roy, which began in 1936 and ran for almost 50 years. Their association lasted so long, and they were at one time so well known, that their names have gone into the language.

“Michael Mauch, the son of Hans, told me in a personal message about the origin of their names: ‘Frick took his name from a small village in Switzerland; Frack is a Swiss-German word for a frock coat, which my father used to wear in the early days of their skating act. They put the words together as a typical Swiss joke.’ ” Now don’t say you never learn anything when you read my column.

  • What is the current fascination with tattoos, or body art, if you prefer? Maybe the NBA commissioner can answer this one.
  • And by the way, why can’t Democrats defend their man (Obama) with the same fervor with which Republicans attack him? Don’t they care if he loses?
  • How Much Wood Would a Woodchuck Chuck if a Woodchuck Would Chuck Wood? Oops, sorry, that’s not a question, it’s a new show on the History Channel.
  • If I tweet that, will some twit think it’s funny?
  • … and what about Naomi?

Now don’t be bashful, please. I would really appreciate comments, answers, jibes and japes (look it up on Bing) on any of the above. This is supposed to be an interactive medium, so interact, please. At the very least it will me make me feel good and at the most I may be able to get another column out of the replies. Isn’t that worth interacting?

PS: If you don’t know the Joe DiMaggio answer, look up Paul Simon. And shame on you.

Bob@zestoforange.com

 

Bosons and Bankers: What’s Up, God?

Thursday, July 5th, 2012

By Bob Gaydos

Sometimes, having to have an opinion on any topic that comes down the pike actually requires a bit of work. Usually, it’s when you don’t have the foggiest idea what people are talking about, but they all appear to be smart and they all say that what they are talking about is very important, or significant, or shocking, or historic.

And so this week, I give you two of potentially the most important stories of the year, which I feel safe in saying most of you — being American, like me — also don’t know much about and have heard very little about from what passes as our news media these days:

  • Higgs boson, or, as it has been dubbed, the “God” particle.
  • LIBOR, or as I see it, the God complex.

In fairness, some of the media did try to explain Higgs boson and its potential significance — explaining the origin of the universe and the nature of the matter, stuff like that — but most, in my experience, bogged down in an energy field of scientific mumbo jumbo whose mass could only be contained by the Internet, but certainly not my brain.

Still, the fact that scientists in Geneva, using a $10 billion atom-smashing super-collider, say they have found a subatomic particle that would not only validate “The Big Bang Theory” on television, but in real life, is literally mind-boggling. As I understand it, the boson particle (named after Scottish physicist Peter Higgs) is kind of like a universal sticky particle to which other sub-atomic particles, such as quarks, “stick” as they whiz around wherever. The more such particles that stick, the more bosons involved, the more mass the particles eventually have and, with gravity added, the more weight. They become something.

No boson, no sticking, no universe. Nothing. With bosons, we have planets and primordial ooze and dinosaurs and humans and science and evolution and rock and roll and super-colliders and big banks, all neatly aligned as if some higher power had cleverly laid out the whole plan to explain the Big Bang.

If you guessed the big banks reference was a hint on LIBOR, good for you. You are promoted to honors economics. LIBOR stands for London Interbank Offered Rate. It is the average cost of borrowing at which Britain’s banks lend each other money. It is calculated daily, based on information supplied by those banks and is used worldwide to set prices on trillions of euros and billions of dollars worth of derivatives and other financial products.

And yes, there’s that word derivatives again. What’s happened is that a bunch of too-big-to-fail big banks, playing God with other people’s money, got together between 2005 and 2009 and rigged the rate to keep it low. They lied about their financial health and conspired to make each other look better than was true, thereby luring unsuspecting customers to invest even more in worthless mortgages, loans and, ugh, derivatives. The big difference in this story is that, while the big banks in America pretty much got away with their deceit and theft, the Brits are getting tough on them.

The chairman of Barclay’s has resigned and the bank, apparently claiming it thought it had received the OK to lie from the Bank of England, Britain’s central bank, has agreed to pay a $450 million settlement. It also agreed to cooperate with police authorities and Parliament, which are looking to hold major banks and their executives legally responsible for this massive scandal.

That’s a lot different from the cloying welcome Jamie Dimon, CEO of JP Morgan Chase, got in the U.S. Senate recently in explaining his institution’s loss of $2 billion in customers’ money through synthetic derivatives and other risky bets. Chase, along with Citigroup, HSBC, RBS, and a half dozen other banks are involved in the LIBOR conspiracy.

The U.S Justice department has all the evidence uncovered in the LIBOR investigation (which is reportedly extensive) and appears to be letting Britain take the lead in prosecution for now, which is just as well, given how many American bankers have been prosecuted to date for throwing the world economy into crisis.

If you’re going to have an opinion, look for the links. The links between the Higgs boson and LIBOR stories, beyond their complexities and lack of attention in the United States, are obvious. Both have gravitas, in these cases, a combination of mass, gravity and universal significance. Both involve amounts of money most of us cannot comprehend. Both involve an incredible amount of teamwork among people within the same profession. One group effort, as noble an investment of money, time and brain power as is imaginable, seeks to explain why we are all here, at least in a physical sense. The other, money, time and brain power notwithstanding, only makes me wonder if we’ll ever figure it out morally.

 bob@zestoforange.com

 

 

 

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John Roberts, Unlikely Hero of the Left

Thursday, June 28th, 2012

Chief Justice John Roberts

By Bob Gaydos

So, John Roberts, hero of the left wing and savior of Obamacare. Who wuddda thunk it?

Actually, the chief justice’s law school professor, for one. Laurence Tribe, who taught Roberts as well as President Barack Obama at Harvard Law School, opined on Tuesday, two days before the historic Supreme Court ruling was revealed, that he felt Roberts would vote to uphold the law, as much to reinforce the image of the court as an apolitical neutral umpire as to rule on the law’s constitutionality.

In an interview on MSNBC, Tribe said, “I think that the chief justice is likely to be concerned about the place of the court in history and is not likely to want the court to continue to be as deeply and politically divided. Doesn’t mean he will depart from his philosophy. You can be deeply conservative and believe the affordable care act is completely consistent with the United States Constitution.”

Which is pretty much what Roberts did, siding with the four so-called liberal justices to preserve the major legislative victory of Obama‘s presidency. Of course, the airwaves and the blogosphere exploded Thursday as anyone with a law degree and an opinion on the Supreme Court ruling on the Affordable Care Act and a means of transmitting that opinion to a large audience explained why Roberts did what he did. Or, as many Republican politicians did, to call Roberts a traitor to their cause. Safe to say, many of the latter group aren’t too concerned with the nuances of judicial restraint and co-equal sharing of power among three branches of government.

I don’t have a law degree and I don’t belong to any political party, but, hey, I‘ve got a blog, too. And without pretending to read Roberts’ mind, some things seem obvious in the wake of this ruling:

  • Obama got a huge boost in his re-election campaign, since repealing the health care act as unconstitutional was all Republicans have talked about for months. Case closed. It’s constitutional. Spin it any way you want, the president wins this one.
  • Republicans are now going to have to find an actual plan to replace Obama’s if they want to continue their argument. House Speaker John Boehner seems not to care about that. All he keeps talking about is repealing the act, which the Senate will never do. Plus, with so many provisions in it that Americans like (no refusal for pre-existing conditions, kids on parents‘ plan until age 26), that will not be easy for any Congress.
  • Mitt Romney, who actually has talked about replacing the health care act after he repeals it as president, seems to be stuck with offering up his own plan, which he introduced as governor of Massachusetts. That plan, of course, is what Obama’s plan and an initial conservative plan, was modeled on. So Romney continues to talk in circles of fog and disingenuousness.
  • Roberts obviously possesses a chief justice’s concern for the way his court is viewed. He does not, for example, think justices should be offering strong political views on issues that are not contained in the case on which they are ruling. (Justice Antonin Scalia, who acts as if his life term gives him the right to pontificate and criticize — as he recently did on Obama’s order sparing tens of thousands of young immigrants from deportation — obviously doesn’t get the neutral umpire view.) Roberts both criticized the Obama health plan (an overreaching regulation of commerce by requiring insurance) and ruled on its constitutionality — it’s a legitimate tax, even though Democrats didn’t have the guts to call it that.
  • By stressing that the court’s role is not to judge the law, but to decide if it can be upheld and, if so, to do so, Roberts demonstrated control of his court and reassured some Americans who have had an increasingly dim view of it since Bush v. Gore. It falls to Congress the power to pass laws, he reminds us, whether they seem wise or not. This is a definition of judicial restraint.
  • Spinning the 5-4 ruling as a conservative victory for the future because Congress is warned off trying to expand use of the commerce clause to regulate behavior and Republicans will be energized to actually replace the Obama health plan with one of their own doesn’t come close to the overwhelming victory it gives an incumbent president seeking reelection right now. If I’m a politician, I take that trade anytime.

So, Chief Justice John Roberts, intentionally or not, hero of the left wing.

 bob@zestoforange.com

 

 

 

 

Good Policy Can Also be Good Politics

Wednesday, June 20th, 2012

Barack Obama: A humane move on immigration.

By Bob Gaydos

Maybe Barack Obama is finally figuring it out. You can only negotiate, compromise and reason with people who are willing to negotiate, compromise and reason. In other words, apparently no one with the authority to speak for the Republican Party.

Having committed itself on Day One of his presidency to a priority goal of denying Obama a second term as president, the GOP, led by the no’s of Tea Party conservatives, has opposed every idea, proposal, act of the Obama administration, including those with Republican origins. Even when the act is obviously a good thing — a moral thing — to do.

For example, Obama’s executive order immediately removing the fear of deportation from some 800,000 young people who were brought into this country as children by their immigrant parents. Make no mistake, these young people are Americans in every way but documentation. They have grown up in the United States, gone to our schools, our colleges, served in the military. They work in our businesses. And yet, with the fervor of the GOP anti-immigration campaign growing every day, these young people who call America home lived in fear of being sent back to a “home” they never knew.

Not any longer, thanks to Obama. In a quintessentially American act, the president gave these young people legal status. If they were brought here before age 16, have been here at least five years, are under 30 years old, are in school, have a high school or GED diploma or served in the armed forces, and have no criminal record, they can stay and even apply for work permits.

What was the Republican response to this humanitarian act?

They accused Obama of playing politics.

Really? That’s all of you’ve got? Politics? From a politician? Gosh, guys, you make it sound like a bad word. Just because you’ve been bashing Latinos for two years now during your presidential balloon fight of a primary race, anything positive a Democrat does on immigration is “politics”?

Face it, the GOP has surrendered any right it might have had to a Latino vote with its harsh anti-immigrant rhetoric. So Obama, or any Democrat, would be a fool not to appeal to Latinos. If that be politics, so be it — but this also happens to be good policy and good politicians can marry policy and politics for success.

The pitiful GOP response included a failure by presumptive GOP presidential candidate Mitt Romney to answer a simple question — although asked three times on “Face the Nation.” If he disagrees with Obama’s order welcoming these immigrants, would Romney, if elected president, issue an order nullifying it? Yes or no? He never replied. Best he offered is that “events” might supersede the president’s well-motivated move as the Romney administration sought a comprehensive answer to the immigration situation.

Yeah, like Republicans have sought for the past ten years. They have blown up the Dream Act, which was a bipartisan immigration effort, in favor of urging deportation and pretty much nothing else. The thing is, Obama has been deporting illegal immigrants at a record pace. But he has just made nearly a million young people — who did nothing illegal — immune from that threat.

Look, Republicans for the most part are simply ticked off that they have been trumped, politically. They have shown no real interest in a humane immigration policy for this nation of immigrants. They may rail about drug trafficking from Mexico, but for years they had no plan for the thousands of immigrants who streamed in from Mexico just to seek work — often work most Americans didn’t want to do.

Worse, Republicans have become unable or unwilling to simply respond to acts or events for what they are. For example, to say in this case: The president did a good thing here. We applaud him.

Even Marco Rubio, the Florida senator with vice presidential aspirations and an obvious stake in the Latino vote, could not simply praise Obama for his humane gesture without suggesting it would have been better to get Congress involved.

Really, Mario? You know full well that Republicans in Congress scared George W. Bush away from humane immigration reform, which his instincts told him was the right thing to do and which could have been a major accomplishment in his otherwise disastrous presidency. Some Republican wing nuts in Congress are threatening to sue over Obama’s order, behaving as if the president does not have considerable powers of his own, including the power to grant amnesty and immunity from laws, including those on deportation.

Nothing drives a rigid, intolerant, uncompassionate, fearful, selfish person crazier than someone exhibiting a flexible, tolerant, compassionate, hopeful, generous attitude toward the object of their fear. Call it politics if you wish. Others call it basic human decency.

* * *

PS: I like that ending, but I have to add something for any Republicans who might have read this and feel upset or insulted or angry or whatever because they don’t necessarily agree with their party’s response to the president’s decision in this matter. It’s not my problem. If you are a Republican today, for better or worse, you are identified with these views. As I see it, you have three choices: (1) Accept the statements and views of your avowed leaders as they are, in silence; (2) work to bring your party back to a more traditional conservatism, one that still has a heart; or (3) get the heck out. The choice is yours, and that, too, is politics.

 bob@zestoforange.com

 

 

 

 

The Dingo and the Madam …

Saturday, June 9th, 2012

A dingo, like this one, ate the lady's baby in the Outback. It's official.

 

… with a touch of zombie fever

(A Bob and Bob encounter)

By Bob Gaydos

“So, did you hear that the dingo really did eat her baby?”

“What?”

“The woman in Australia, 30 years ago or so. Her baby went missing and she said a dingo stole it and ate it. Right out of the crib.”

“A dingo?”

“Yeah, you know, those wild dogs running around Australia with the koalas and kangaroos and jackrabbits and stuff. Geez, what a continent. They made a movie about it. Meryl Streep played the woman. The famous line in the movie was, ‘The dingo ate my baby.’ Elaine made it more famous on Seinfeld. ‘The dingo ate my baby. The dingo ate my baby.’ … Don’t you keep up with culture?”

“So what about the dingo?”

“Well, somehow no one believed the woman that a dingo snatched her baby from their camp in the Outback — and don’t you think the restaurant guys might have picked a name not linked with wild dogs? Actually, at first, they did believe her. An inquest cleared her and blamed a dingo. Then they held another inquest and convicted her of murder. Got her husband as an accomplice. Then they held a third inquest and decided they couldn’t decide what happened. And now, finally, a coroner’s court or something has decided the dingo did it.”

“Why now?”

“Good question. Apparently, the dingos have been busy in recent years killing kids in Australia. I think it’s because the jackrabbits have gotten too big.”

… “Well, good for her. But you want to talk about injustice — I see the ‘Monroe Madam’ finally got her bail reduced.”

“Slashed. Talk about abuse of power. Two million bucks bail on one prostitution charge because she wouldn’t give them names?

“For something done between consenting adults.”

“That’s legal in Nevada. … and, I guess, Colombia — which I didn’t know until the Secret Service guys tried to stiff one of the working women. I think this is just the Manhattan DA trying to repair his reputation after messing up some big cases. Cyrus Vance’s kid. He replaced Morgenthau who had the job forever and must have been like 93 or something.”

”Well, you know 90 is the new 85.”

“Yeah, right. Anyway, they had no business setting a punitive bail on her for what they charged her with. She’s sitting in jail in Manhattan for weeks and all the time telling them she’s got wild pigs to rescue in Monroe. It’s not right.’’

“Right. … There aren’t any dingos in Monroe, are there?”

“No. And another thing — why does Bloomberg think people won’t just buy two, 16-ounce sodas? I get it that smoking is harmful to people whether they smoke or not and the state has a stake in regulating it. But I don’t get fat if you have a Big Gulp every day. If you’re 18, you’re on your own.”

“Yeah, but I’ll tell you what’s worse! (The speaker is not a Bob, but another patron of the establishment who has obviously been eavesdropping and has some strongly held opinions of his own.) Governor Cuomo,” he continues, “wants to legalize marijuana. How’d you like somebody driving while they’re smoking a doogie, never mind drinking a large soda?”

As this has taken the conversation in a direction neither Bob was eager to follow, they both just smiled and nodded “Uh huh” in unison.

“You know something really weird though if you’re talking about government controlling our lives (which they really weren’t talking about, but were now in smiling and nodding mode)? You heard about that case in Florida in May? The guy eating another guy’s face?”

(Oh, thought one Bob, here comes the zombie conspiracy theory.)

“They blamed it on bath salts. But there was another guy in Maryland who ate his roommate’s intestines (thankfully the Bobs‘ bagels had been finished). One guy came from South America, the other guy came from Africa. They both came into this country through the airport in Miami. Coincidence? (Wild guess: Yes?) If the government is trying to find out how we react to certain substances (so they can, what, control us?) they could put it in the water someplace and see what happens.”

(So no zombie conspiracy? So what then? Banning big sodas, “legalizing“ pot and field-testing bath salts. What‘s the hook? Where’s he going with this?)

“It’s the beginning of communism.”

(Of course it is. Should have known.)

“Hey, (one Bob to the other) where you going?”

“Gottta go, man. I’m late. See you next week.”

“Yeah, right. Thanks, pal. Watch out for the dingos out there.”

“You watch out for the dingos in here.”

(This is virtually all true.)

bob@zestoforange.com