Risk Rap

Rapping About a World at Risk

Hillary Drops the G

Hill Knockin Down a Few

Yesterday’s WNYC’s Brian Lehrer Show had a piece on Cam-pain-in in the Keystone State.

Andrea Bernstein noted that Clinton was tryin to sound like Obama. They ran an audio of a speech she made in Wilkes-Barre. I think she sounded more like a Republic-in.

Ms. Clinton thinks droppin the G will give her some down home street cred with white workin folks like me.

Perhaps she should take a page from W’s playbook a speak only in incomplete sentences. Maybe that will produce the breakthrough with voters that she needs to overtake Obama.

File under: political, language, cultural, class risk

You Tube Video: John Lennon, Working Class Hero

April 5, 2008 Posted by | class, culture, politics | , , , , | Leave a comment

Remembering the Passing of MLK Jr.

Today we pause to honor the memory and work of Dr. Martin Luther King, Jr.

With great reverence we mark the passing of this great man.

Our American Moses went to the mountaintop.

MLK Jr. was a courageous risk taker.

He was a major force in transforming the American political and social landscape.

He was a man of vision and strong conviction and was a steadfast advocate and fighter for social justice and peace.

He advocated the road of peaceful means and non-violence to effect social change.

He truly embodied and exemplified the teachings of his savior Jesus Christ.

He was a prophet and a great American.

I am honored to be his countrymen and blessed that I lived to know and witness his life and work.

“But Jesus, said unto them, A prophet is not without honour, but in his own country, and among his own kin, and in his own house. ” Mark 6:4

God bless you Reverend King.

You Tube Video: Marian Anderson, Lincoln Memorial Recital

April 5, 2008 Posted by | Civil Rights, MLK | Leave a comment

Minus 80,000 for March!

Maybe Mr. Bernanke will say the R word today.

It really doesn’t matter. What’s called for is how to get the economy back on track. Policy makers and market participants must come up with some creative solutions to address the new economic realities confronting our nation.

One thing is certain. Any governmental recovery program must squarely address the support of small mid-size enterprises (SMEs). SMEs are the principal drivers of job and wealth creation and economic development. This is a segment that must be viewed as too big to fail. And policy and programs must be at the forefront of any recovery package under consideration by our elected officials.

An interesting article by MR Pridiyathorn Devakula on government policy and support of SME financing provides some valuable clues to guide our policy. Writing for The Nation he outlines the inefficiencies of the SME State Bank as the appropriate credit channel to fund the development and support of SMEs. The interesting point he makes is that commercial banking sector is a more efficient credit channel.

There are many interesting corollaries with how the US banking and credit channel market is evolving.

We will explore them in more detail in future posts.

Cheers,

Risk Rapper

April 5, 2008 Posted by | Bernanke, recession, SME | Leave a comment