Risk Rap

Rapping About a World at Risk

The Party of Values, Thoroughly Bankrupt

Republican’s fancy themselves to be the party of values.  They profess to love God and country.  They believe themselves to be the real Americans.  They are the absolute definition of righteous patriots.  They see themselves and their families basking in the light of a celestial exceptionalism.  They occupy the center of a universe anointed by the invisible hand of free market capitalism, governed and sanctified by the benevolent love of their heavenly father, Jesus Christ.

Their values are based on a fundamentalist foundation of the King James Bible and the US Constitution as it was originally conceived and authored by the Founding Fathers in 1787.  They are resolute in the belief of the correctness of their interpretation of this hallowed literature and remain adamant in how the instruction of these sacred tomes should be applied and implemented to shape and govern our Federal Republic.

If you question the basic supposition of their position they will tarry your thrust by questioning your love of country and your belief in God.  Those same questions must be asked of them.  The virulent defenders of the cross and crown of liberty consistently undermine the spirit of both. They serve the corporate objectives of church, military and industrial institutions that have formed an unholy alliance to rule and exploit the hearts and minds of an enslaved consumer market that cannot discern the difference between political liberty and a have it your way experience at Burger King.

America’s political ignorance is a poverty exploited by the oligarchs; giving them full sway to control and manipulate the levers of power to secure and advance selfish interests.  They cloth their motives in priestly robes, medal adorned military uniforms, Rotarian flannel suits and Joe “the wannabe” Plumber overalls feigning a martyrdom of being crushed by the menacing liberal elites by standing for the values of free markets, Christianity, class mobility and a military spreading the global march of democracy.

The GOP presidential debates provided some telling political theater of how the party of values advanced the cause of individual liberty and governance informed by moral precepts. In one session a gay officer serving in Iraq asked the candidates “now that DADT has been repealed and gay service personnel can serve in the military would they support  same sex marriage”.  The gay serviceman unselfishly serving his country in a theater of war was roundly booed by the uber patriots sitting in the audience before Rick Santorum piled on and asserted not only would he not sign a same sex marriage bill into law, he would also reinstate DADT.

In another session the question concerning the mandatory requirement to purchase  health care insurance was raised.  The moderator asked a hypothetical question, “if a person failed to purchase insurance and required a life saving procedure who should pay?”  One of the more compassionate conservatives shouted “let him die”.   This was undoubtedly the same guy who condemned Jesus for healing on the Sabbath.

Another high water mark of GOP moral turpitude occurred when the debate moderator questioned Rick Perry about the State of Texas position as the leader in capital punishment executions.  The audience erupted in cheers.  The United States is home to the worlds largest penal colony with an inmate population that exceeds 2,000,000.   This belies the myth of the United States as the land of the free; particularly for the people of color who account for the largest proportion of the inmate population.  This is good news for the free marketeers as the privatization of prisons is a growth industry.  The profiteers of misery require the judicial apparatus of the states to maintain a prison occupancy rate of 90% to assure profitability for private investors.  The threat to a fair trial has never been more at risk.  This is a business opportunity right up the GOPs free market alley. The devaluation of the rule of law an unfortunate consequence.  The value of money trumps the grace of justice.

The GOP’s deep investment in the culture of death mirrors a country thoroughly committed to the continued militarization of the economy regardless of its cultural cost.  Republicans eagerly beat the drums of war and use the poetry of destruction  to articulate a cutesy point.  Remember John McCain using the melody of  Barbara Anne to sing, “bomb, bomb, bomb, bomb Iran”  The neocons ate it up.  The peacemaker may be considered children of God,  but in the GOP the business of war and righteous crusades are divine.

Republicans pledge undying fealty to the Constitution and the rights of citizens.  One would think that this would encourage vocal opposition  to President Obama’s Executive Order to execute suspected combatant citizens without due process in respect  to the right of a trial by a jury of their peers.  Not a single word has been raised against this grievous violation of a basic constitutional protection.  Where are all the freedom loving, constitution waving Teabaggers?  It’s a natural extension of Republican’s refusal to recognize the full civil rights of  citizens.  As in the case of LGBT civil rights, the GOP’s vision of America protects civil liberties only for select citizens they deem worthy.  The rights of the republic’s citizens and the rule of law be damned.

It is in this light that we can understand Rush Limbaugh’s misogynistic characterization of Sandra Fluke as a slut.  Dehumanizing a group of people as “the other” or “less then”  because they hold a contrary position is a dangerous sedition that undermines democracy.

Democracies need its citizens to reach an informed consensus to function.  Consensus requires dialog to assimilate disparate views from multiple viewpoints and perspectives.  This presupposes that the participants in the discussion recognize and value the rights of citizenship for all participants in the dialog.  The highest value in a secular democracy is respecting the equal rights of all citizens.  Without this value democracies crumble.  Our democracy is in shambles.

This weekend Rick Santorum sat upon the alter at the Greenwell Baptist Church to accept the endorsement of Pastor Dennis Terry for the upcoming Louisiana primary.   After laying his hands on Santorum to bless his candidacy,  Pastor Terry delivered a sermon that spewed fire and brimstone onto the reprobate head of our secular democracy.  “America” he said “was a Christian Nation ruled by Christ the King.  He said American’s don’t worship Buddha, Allah or any other false Gods.  He said American’s worshiped the God on High, Jesus Christ.  And if they don’t like it they can get out.”  As a Christian I can’t tell you how much I loathe this blatant bigotry.  Jesus was all about inclusion and tolerance and I’m sure he would make short work of this Pharisee.  As an American citizen, I can’t think of a more ignorant and damaging characterization of  America’s promise and the democratic values it professes to uphold.

GOP wunderkind Paul Ryan, yesterday unveiled a budget that assiduously accounts for the price of every tax loop hole, generous corporate welfare allocation and tax reduction for the wealthy while demonstrating a chilling indifference for slashed social programs and its impact on human beings.  Republican’s know the price of everything and the value of nothing.  The party of values is thoroughly bankrupt.

Music Selection:  Sen. John McCain, Bomb, Bomb, Bomb, Bomb Iran

Risk: democracy, values, political culture

March 20, 2012 Posted by | Bible, Christianity, conservatism, culture, faith, gay rights, goverment, Iran, LGBT, McCain, Obama, politics, prayer, religion, republicans, values | , , , , , , , , , , , , , , , , , , , , , , , , | 1 Comment

Two Americas

Bill Maher recently did a bit on the Eco-friendly packaging of Sun Chips. In its desire to get down with the Go Green marketing trend, Frito-Lay developed a biodegradable bag. It was hoped the new package would alleviate some of the toxic burden traditional polyethylene packaging places on landfills. It was a great idea and a small sign of forward progress in developing environmentally friendly waste management solutions for our conspicuously consumer centric throw away society. Seemed like a good idea until Frito-Lay started to get negative feedback from its customers on its packaging.  The crescendo of noise the crackling bags made was too much for the sensitive ears of Sun Chips consumers. In deference to their clients wishes Frito-Lay scrapped the Eco-friendly packaging and returned to the old polyethylene bags.

Its amazing how a small inconvenience compels us to to cede the pursuit of the better path.  The paths that affirms our better nature and sustains life is abandoned because it is burdensome or makes too much noise.  It pesters our ears, it hectors our comforts.  We prefer to down our cholesterol in the silence of compliant bags rather then suffer the annoyance of a deafening crinkle to protect the environment and save the planet. We take the easier path that confirms the adage “have it your way”.  In America the personal “my way” is the only way.  After all this is America and that is what freedom is all about.  My way or the highway.  Can I get an Amen?

During the holiday season the big stink was about the Transportation Security Authority (TSA).  The news was flush with reports of travelers outraged by how TSA personal were overly intrusive and overstepped the bounds of decency and deportment as they screened exasperated airline passengers trying to board planes. Travelers became angry and ornery complaining about the violation of their person and screamed violent threats at TSA personnel if they “touched their junk”.

I find it a bit curious that the response to this egregious violation of personal liberty fails to call for the repeal of laws that codify the erosion of  our freedoms.  In its stead we learn states are busy passing privilege and immunity laws that confer special rights to certain classes of citizens. The Arizona Immigration law that was enacted earlier in the year burdens Latinos with proving they belong  to be living amongst us.  Its a pathway to a softer kinder Apartheid that codifies a bifurcation of citizenship and the value and validity of a persons humanness.  In its wake the value of liberty and our humanity both plummet.

The notion of Two Americas is not new.  Its just that the glaring injustice  threatening our society is becoming too stark to ignore.  This pernicious sedition is the gravest threat undermining our democracy.  It is a greater threat then any attack Al Qaeda could ever mount on America. In 1962 Michael Harrington wrote “The Other America”.  It was instrumental in publicizing the pervasive poverty that existed in America.  In response to the growing  threat poverty and the cultural and economic fissure it created between the of “haves and have nots,”  the Johnson Administration initiated a war on poverty.  The Great Society legislation was enacted to insure that all citizens are enfranchised with the vote and that a social safety net would catch any citizen from being swallowed by the great divide.  Today such notions are condemned as socialistic and unAmerican.

While the richest 1% of American’s continue to amass great fortunes for themselves gobbling up a disproportionate amount of income the much greater proportion of our countrymen sees its standard of living erode as the Two Americas  drift further apart.  The well off cash their fat dividend checks from a roaring stock market that has less to do with the economic development of America then the self enrichment of capitalist speculators.  The greatest irony is that as they sit atop their piles of cash they remain convinced that their riches confirm the greatness of America and that their wealth is why America remains great.

When President Obama took office the country was in a terrible state.  Two wars were raging, unemployment was spiraling upward, foreclosures were throwing millions of Americans out of their homes and an epidemic of small business bankruptcies was a plague ravishing Main Street USA.   During times like these you would think patriotic minded citizens would come together to aid the country in its dire hour of need; but the GOP led a virulent opposition whose single goal was Obama’s failure.  Their obstructionism added distance to the divide and America suffers for it.  The ugliness of the debates concerning Health Care Reform spurred the creation of a political dialog that delegitimatized governing institutions.  It  made the ability to reach consensus impossible and prompted threats that Second Amendment solutions would be considered to remedy ill considered legislation.

In the aftermath of the Tucson Massacre, we dusted off the old debate about gun control and wheeled it on to center stage again.  Many believe that the mentally ill murderer should have not been allowed to purchase a semi-automatic Glock and the 30 round clip that served to enlarge the scope of Jared Loughner’s terrible carnage.

All are thankful for Gabrielle Gifford’s miraculous recovery from her head wound.  All hope for a speedy and full recovery of the thirteen wounded and offer condolences to the six citizens whose lives were senselessly ended.  But all don’t believe the availability of guns should be restricted.  In fact many believe that had more citizens been armed the death toll of innocents would not have been as great because it would have included Jared Loughner before he could finish his grim work.  I’m not so sure.  I believe it more likely that a widely armed citizenry encourages wanton barbarity then the well considered promotion of dispassionate civic discourse.

Differences of opinion are critical to a healthy society.  The ability to have dialog and assimilate differences in a shared consensus in service to country is what makes democracies the best form of government.

If we are a people who prize freedom we cannot be complicit accomplishes in ceding our liberties.   We must be vigilant missionaries seeking to enlarge the pallet of liberty for all  people.  Martin Luther King Jr. said it best, “All men are caught in an inescapable network of mutuality” Affirming a respect for our shared humanity, equal rights of citizenship and sense of duty to one another in service to our country and democratic way of life is how we breech the walls that divide us and bridge the fissures that separate.  These are the characteristics of  a great nation and protecting them serves to maintain the greatness of its people.  It is how out of many becomes one.  It may require that you put up with the annoying noise of a loud obnoxious windbag but the savory delight of the bread of freedom is well worth it.

You Tube Music Video:  Max Roach, Abby Lincoln, Freedom Now Suite, We Insist

Risk: democracy, civil liberties, culture, consensus

January 17, 2011 Posted by | Civil Rights, community, democracy, homelessness, MLK, Obama, poverty, recession, social justice | , , , , , , , , , , , , , , , , , , , , , , , , , , , , , | Leave a comment

Puddenhead Wilson and the Jersey Doughboy

When Joe Wilson belched his infamous catcall “lair” during President Obama’s address to a joint session of the legislature, he revealed himself to be a poor example of a mature adult. Puddenhead Wilson’s emotional outburst may have played well with die hard Obama haters, indeed the next day his campaign war chest swelled by a million dollars; but it also sent a terrible message to America’s youth that its acceptable to disrespect your teachers, coaches, police officers or parents if you disagree with what they are saying. The fact that his campaign coffers swelled with contributions as a result of his offense compounded the power of the negative message it sent to youths and to the perpetrator himself. Awarding Puddenhead Wilson for his bad conduct only encourages him to repeat his offensive disrespectful behavior. It also sends a very poor message to America’s youth that bad behavior is OK and childish emotional outbursts may in fact find reward from enabling adults.

New Jersey Governor and emerging GOP superstar Chris Cristie, recently revealed himself to be a poor role model for the youth of America when he told a gathering of students that teachers greed was to blame for the lack of supplies and educational resources available for public schools.  The Governors injection of politics into his presentation to Trenton students is a bit ironic.  In his crusade against the teachers union, Christie  has charged educators with using school children as “drug mules” to carry the message about the danger of funding reductions for public education.   It would seem that the good Governor Christie needs to deliver a couple of kilos of his own to his adoring fans in the Tea Party and his financial backers in the GOP.

Putting partisan politics aside Christie’s message to public school students is extremely damaging.  The public schools are under incredible pressure.  All social institutions are engulfed in severe challenges and are fully engaged in crisis management mode.  America’s public schools are  not exempted from these pressures.  The complex confluence of political, cultural and economic factors plaguing society are acutely manifested and constantly working to undermine the public school system.  Governor Christie’s political rant to students throws gasoline on a combustible pile of institutional challenges confronting teachers and administrators.  Like Puddenhead Wilson, the Jersey Doughboy gives tacit approval and encouragement for students to question the authority and motives of their teachers.  Christie has just provided under-performing students a ready made excuse for failure and disruptive malcontents a lit match to throw onto a gasoline soaked pile of kindling encircling our public schools.

Christie’s partisanship places the context of his egregious mismanagement of the Race to the Top DOE grant in a new light.  Perhaps Christie’s $400 million blunder was an intentional action to reduce resources to the public schools to undermine greedy  teachers and their gluttonous union.  Why would Christie enable the funding of whip cracking greed driven drug mule drivers?  And like his killing of the DOT funded  ARC tunnel project, Christie enhances his conservative street cred by punching the construction unions in the nose and telling the socialist government in Washington to spend its money elsewhere.

Like Puddenhead Wilson,  Christie is cashing in on his actions and is building a nice portfolio of economic and political capital for himself.  His remarks about the greedy teachers provide a convenient cover and solemn absolution for the grand practitioners of greed and avarice that have led this country to the brink of fiscal insolvency, cultural destitution and political bankruptcy.  Christie’s narrative of blaming the needy plays well with large contributors who will be moved to put good 527 Corporation resources at his disposal to underwrite his political rise.

Christie’s midterm election barnstorming tour in service to the GOP booked him on a coast to coast tour that even his hero Bruce Springsteen would envy.  Though Christie’s mojo clearly failed in helping Meg Whitman and Carly Fiorina win election,  the Jersey Doughboy’s political stock has risen so quickly that he felt compelled to send out a few tweets to deny he would run on a ticket with Sarah Palin for president in 2012.

So New Jersey is stuck with the doughy mess of big money winner take all partisan politics of Christie’s ideologically driven governorship for at least the next two years.  Enjoying popular support for now, Christie’s considerable body mass currently displaces enough water to ride the wave of Tea Party conservatism.  But if the fickle citizens of New Jersey make a slight left turn off Exit 16E on Thunder Road,  Christie’s fortunes will drop faster then a lead sinker placed into the rancid brew seeping to perfection in a gaudy Royal Dalton Tea Pot.

You Tube Music Video: Bruce Springsteen, Born to Run (Live Acoustic Version)

Risk: political, labor unions, public education, consensus

November 15, 2010 Posted by | conservatism, culture, democracy, economics, elections, government, institutional, labor unions, Obama, philosophy, politics, republicans, Tea Party, unions | , , , , , , , , , , , , , , , , , , , , , , | Leave a comment

Michele Bachmann’s Handfull of Subpoenas

Michelle Bachmann recently advanced the idea that the new congress needs to go to Washington with a hand full of subpoenas to fully uncover and punish the criminal behavior of the Obama Administration.   Why does she want to do this?  Why does the Chairwoman of the Republican Tea Party Caucus think this is a good idea?

During President Clinton’s second term the GOP’s extreme partisanship led to impeachment proceedings and severely hampered the effectiveness of our government and its Chief Executive.  This distraction may have made some political hay for Republicans but crippled our Chief Executive’s ability to focus on and deal with the growing terror threat Al-Qaeda was preparing to launch against our country.  The GOP’s actions provided support, aid, cover and comfort to the terrorists and heightened our country’s vulnerability to attack.  Perhaps we should investigate their activities and motives for effectively becoming a Fifth Column for the Evil Doers?

Earlier in the year, Ms. Bachmann’s suggested to Chris Matthews that we should investigate the UnAmerican activities of congress and senate members to root out and expose those who hate America and are actively working for its destruction.  I’m not so sure about this; it may lead to the mass imprisonment of  the Republicans who obstructed President Clinton’s ability to perform his duties as Commander and Chief. With the GOP gone it would be impossible to form a consensus to effectively govern the nation so I’m kinda lukewarm on this one.  After all President Obama and the ruling democrats rely on the good will of the loyal opposition GOP party to show the country that democracy works and that we can all get along.

But because I don’t think Ms. Bachmann’s idea is a good one doesn’t make it bad. After all I’m coming from a pretty partisan place myself.  So in the spirit of consensus building I’m trying to understand why she would propose such a thing.  Though its a dangerous and scary place to visit, I have tried to get inside Ms. Bachmann’s mind to understand her reasoning why she thinks the congress should spend the next session investigating members for crimes against the republic.

I have comprised a list of 13 reasons as to why Michele Bachmann and the Tea Party may think this is a good idea for the country.  Please feel free to add your own.

1. Because its fun to shut the Federal Government down (ask Newt Gingrich)
2. It will heighten partisanship to levels yet unseen
3. Obstructionism is their preferred style of governance
4. Dissent is dangerous to a democracy
(America is long over due for another round of McCarthyism)
5. Enemy combatants sitting in congress must be imprisoned
6. It will demonstrate reactionary street cred
7. Sean Hannity thinks its a good idea
8. Rush Limbaugh thinks its a great idea
9. Glenn Beck tearfully pleads to show no quarter to “Wilsonian Reprobates”
10. Compromise/consensus forming is for sissies
11. Its how Michele Bachmann Mans Up and shows her pair
12. It plays well on Talk Radio and to the rabid dogs in the TP howling for fresh meat
13. 2012 GOP can say we did our best under trying circumstances now give us the White House and Senate. We’ll finish the job. Rove calls it the Coup de Grace campaign. A final silver bullet to the head of the democrats, democratic consensus and Federalism paid and financed by serious 527 money.

You Tube Video: Edvard Grieg, In the Hall of the Mountain King

Risk: consensus, governance, democracy

November 13, 2010 Posted by | 9/11, Clinton, conservatism, democracy, democrats, Federalism, government, politics, republicans, Tea Party, terrorism | , , , , , , , , , , , , , , , , , , , , , | Leave a comment

We Deserve Better (2): The Damnation of the Democrats

A few days after President Obama took office I remember him emerging from a meeting at the Pentagon.  The summit was arranged to brief the Commander In Chief on the progress of the wars and to assure the nation that the new president was in-sync with his generals and admirals charged with running the war.  Emerging from the highly publicized meeting America’s new war time president stated “as long as the generals take care of what they have to do, we’ll take care of what we have to do.”  I found the statement to be unsettling.  It implied that  the new administration would not alter the course set by the previous administration insuring that the inertia of Bush’s policies and strategies would continue unabated.  On another level Obama’s statement also seemed to suggest an abdication.  I get nervous to think that the Commander in Chief  has ceded civilian control of the greatest military force the world has ever known.  The decision to pursue war or enjoy peace is too delicate a matter to be left to the decisions of an entrenched military-industrial bureaucracy.  The abdication of assertive control, weather its born from the desire to get along, build consensus or a deep seated need for acceptance has been a disturbing custom of Obama’s presidency and the prevailing characteristic of the Democratic Party.

Obama’s easy surrender to established protocols, processes, precedents has been a hallmark of his presidency.  It exemplifies the failure of the Democratic Party’s oppositional legacy to Republican rule during the two previous Bush Administrations.  At every turn, the Democrats gave in to the Republican conservative legislative agenda with little or no dissent.  The Patriot Act, the blind march to  two unnecessary wars, the dismantling of government oversight and regulatory controls on business, the slavish submission to Republican led expenditures or tax cuts in service to corporate welfare and the tepid lip service to the struggle for social justice made the democrats complicit accomplices in America’s dramatic conservative swing.

The democrats failure as an oppositional force to counter the reactionary juggernaut of neo-conservatism has emboldened the reactionary impulses of the ruthless power elites.  Threatened by economic distress and disintegration of our political institutions, Americas ruling  plutocracy has spawned a malevolent Tea Party movement to crush any progressive populism that may arise to counteract their social position, economic power and political sovereignty. The democrats adamant refusal to stand firmly against the destructive impulses of xenophobia and virulent nationalism has allowed an ugly chorus of fear to become our new national anthem.  The resentful voices of suspicion, intolerance and  exclusion grows ever louder each day as emboldened Falangists and neo-fascists take center stage on a surreal  commercial production of American political theater.

In defense of President Obama his presidential campaign and his administration have expressed a deep desire to pursue a political consensus.  This sentiment is admirable and the ability to form a consensus is an absolute and critical virtue to the health of a democratic society.  The freedom to express differing opinions, voice dissent, air grievances, petition, ability to listen, interest to hear, converse, change opinions and assimilate these competing impulses to form a consensus to express the common will are what makes democracies imperfect yet the fairest expression of governance.  Mr. Obama has sought to pursue and build consensus with an opposition Republican Party that has been nothing short of obstructionist since the democrats assumed control of the Executive office.  Rush “Country Firster” Limbaugh said it best “I hope he fails” set the tone and sealed the intractability of Republicans and any possibility of bipartisan cooperation to deal with the critical issues confronting the nation.

Last summers spectacle of town meetings designed to initiate a national conversation on Health Care Reform devolved into a partisan shouting match and an opportunity for the formation of the Tea Party galvanized by propaganda about a socialist takeover of the economy, death panels, and the idea that President Obama was a fascist dictator.  At this point President Obama still took the opportunity to sit down with the leadership of the GOP in a televised discussion to initiate a dialog.  The Consensus Builder in Chief was rebuffed again.  The democrats responded by killing single-payer and backing down on universal health coverage.  The watered down health care reform bill accomplished an extension of coverage for more, but not all Americans and eliminated preexisting conditions as a disqualification for coverage while also extending the power of insurance companies by making it mandatory that all tax payers purchase health insurance.

This reform is not a significant ground breaking legislative event.  President Obama and the democrats should have recognized early on the inability to work a compromise with the obstructionists in the Republican Party.  As is the case with Cap and Trade legislation, rescinding  Don’t Ask Don’t Tell, ending the Iraq and Afghanistan war, financial services reform, TARP and the economic stimulus bill;  the GOP, “Party of No” has done everything in its power to derail the efforts of the democratic party to address the deep problems confronting America.  The Democratic Party should have leveraged its control of the legislative and executive branch of the Federal Government to push through a program for a new America.  The pressing circumstances of history required decisive leadership and bold ideas to address the complex problems confronting America.  FDR’s “New Deal” or Johnson’s “Great Society” were ideas accompanied by innovative legislation to solve systemic problems.  The democrats tepid response acquiesced to the conservative demands of the GOP.   The Blue Dog Democrats yelped and barked louder then any rabid GOP hound subverting a robust game changing legislative response to the problems confronting America.

The democrats would again demonstrate their timidity in how they responded to the Gulf Oil Spill.  If the free falling economy was the equivalent of economic Armageddon the Horizon Deep Water catastrophic oil spill was its environmental equivalent.  In each case President Obama fashioned piece meal responses designed not to offend “free market evangelists” for fear of being accused of over reaching.  Both instances provided opportunities to mobilize the nation and its significant resources in these titanic tests of national resolve.  In both instances the cojones challenged donkeys failed to seize the reins of state to wield its power.  I am still shocked by images of Jamie Dimon and Lloyd Blankfein pulling the strings on Timothy Geithner like a marionette to exact concessions during the banking crisis.  Or consider the high profile of BP CEO,  Tony “I want my life back” Hayward mounting a $50 million PR campaign to quell any concerns that the benevolence of corporate capitalism will eventually “set things right.”    The Republicans turned this into President Obama’s Katrina with Bobby “don’t spend no stim in Louisiana” Jindal taking the EPA to court for declaring a moratorium on deep water drilling.  And the fattest of fat cats Republican Mississippi Governor Haley “rebuild the casinos first” Barbour shaming Obama to spend a portion of his non- Martha Vineyard family vacation swimming in the pristine waters of the Gulf of Mexico.  It was a PR disaster for President Obama because he failed to act with the resolve or manner of a strong decisive leader.

But now as the midterms approach the democrats must answer to a crumbling alliance of constituencies that they have taken for granted and failed to help.  They are unable to see  constituents as anything other then a demographic voting block devoid of a face, personality or soul.  The democrats see stereotypes not people.  Labor unions are blue collar voters that now approximate 7% of registered voters.  This year the democratic controlled legislature failed to act on Card Check legislation that would protect the right of labor unions to vote and organize non-union companies.  Another important constituency of the Democratic Party is the LGBT community.  The military said it would comply with the decision of a California District Court  that overturned Don’t Ask, Don’t Tell.  Incredibly, President Obama’s Attorney General appealed the decision and asked the court to reinstate Don’t Ask, Don’t Tell.  Teacher unions are also big supporters of the Democratic Party, but many democrats support school vouchers and Charter Schools and seem unconcerned that financial and institutional support of public schools continues to erode.  Working class families and woman  are under severe distress as unemployment rates approach 10%, home foreclosures rise , spiraling cost of living increases spike, the cost of sending kids to college slip out of reach and a marked erosion in quality of life and expectations for a secure future and comfortable retirement evaporate.    The democrats did little to solve these pressing problems save the offer of cheap lip service that they understand their pain.  Charlie Rangel secure in the refuge of his four rent controlled apartments will not feel the cold experienced by a homeless mother and her children this winter;  nor will Hillary Clinton lose any sleep worrying about  deploying Chelsea to fight an incomprehensible war in Afghanistan.

This mid term election democratic candidates are running away from their unpopular president.  They will run on a platform of tax cuts and appear as local election district manifestations of gun toting patriotic Christophanies.  The poverty of a party with no conviction of principle is made plain.  Having no principles, Democrats have not offered a true alternative to reactionary Republicanism.  Nearsightedness has robbed them of a vision for a new republic.  They offer no demarcation with the broken policies that preceded their rule.  The hallmark of their governance has been the complete compromise with an recalcitrant opposition; content to administer a broken and corrupt apparatus rather then chart a new path.  The democrats remain shining examples of self serving politicians retuning to office  on mythical inertia to secure rent controlled apartments while public housing remains an endangered and dear want for many.  They believe themselves to be righteously led by the presiding shame of a president made possible by an epic civil rights struggle who cannot muster the fortitude or conviction to extend the equal right of marriage for one of his liberal constituencies.

We deserve better.

You tube Music Video: Les McCann, Eddie Harris, Compared to What

Risk: democracy, two party political system, liberalism

 

October 28, 2010 Posted by | Bush, conservatism, culture, democracy, democrats, environment, labor, LGBT, Obama, politics, recession, republicans, social justice, TARP, taxation, Tea Party, unemployment | , , , , , , , , , , , , , , , , , , , , , , , , , , , , , , , , , , , , , , , , , , , , , , , | 1 Comment

Butterfly Effect

The Butterfly Effect is a component of Chaos Theory.  A butterfly flaps its wings in a far away place creating tiny ripples that begin a flow of cause and effect energy that eventually creates a hurricane force wind.  These tiny ripples, seemingly irrelevant can precipitate and contribute to a major event. The right set of factors comes together and a major event takes place.  Can the humble service of an single person create a butterfly effect?

Last year President Obama designated Martin Luther King Day as a day of service.  It seems a fitting designation for a day dedicated to a man who lived a life in service to others and willingly gave that life to realize his ideals.  MLK, Jr. offered his life to the struggle for civil rights to protect the human dignity of all people.  There is no higher calling for citizens of a democratic republic.  Civil rights and the protection of human dignity is the foundation of a democratic society.  Equal protection under the law for all citizens and unfettered access to all its rights and privileges are the surest safeguard of a peoples security and liberty.  MLK, Jr. perished in the struggle to enlarge and protect that liberty for all people regardless of gender, sexual orientation, race, creed or color.  It is the responsibility of all citizens to place themselves in service to protect and enlarge the dream of liberty and freedom.  A failure to assume this responsibility risks failure of our democratic culture and the relinquishment of personal liberty.

As individuals,  we are overwhelmed by the massive problems that confront us.  We freeze in place as we witness an avalanche of cataclysmic world events.  The endless duration of incomprehensible wars, the vicious repression employed by intractable power elites, the posturing and threats of great nations intent on projecting their power, global economic calamity and disenfranchisement brought on by institutional excess and governance failure, cultural intolerance spawning sectarian violence and the massive natural disaster calamities intent on assaulting  our humanity by delivering devastation to the most vulnerable among us; conspire to immobilize us.   As a people we are left to stand mute unable to comprehend and unwilling to act out of fear of wasting good efforts to no effect.  Ambivalence of conviction, vacillation of intent, cynicism in thought are subversive elements that are more powerful then 1,000 Al-Qeada cells because the subversion of terror nests securely in the minds of seemingly free people.  These subversives incessantly whisper “distrust liberty for all and learn to loathe the responsibility that freedom requires of free people.”

This weeks Haitian earthquake is an event that startles, humbles and hopefully shakes us from our torpor and ignites a desire to serve.  The massive destruction and sweeping misery of its aftermath is a clarion call for a humane response to address this assault on our shared humanity.   Yet in its wake, leading televangelist Pat Robertson opines that the earthquake was God’s way of delivering retribution on the people of Haiti.  Mr. Robertson believes the old Haitian superstitious folklore that Haiti made a pact with the devil to free themselves from the colonial domination of France.  Mr. Robertson’s theology proves Thomas Paine’s wise maxim that “a belief in a cruel God makes for a cruel man.”    Rush Limbaugh’s criticism of President Obama’s immediate call to marshal aid to the stricken country prompted the Ditto-head and Chief to state that the President’s call to aid Haiti was a political ploy designed to gain favor with the light and darker shades of people of color.

We recoil in horror at Pat Robertson’s vision of a God that keeps score.  A God whose patience spans generations,  eagerly waiting to notch another victim into the wooden handle of his deadly cosmic six shooter.  Such spiritual poverty and moral bankruptcy is a self evident truth.  We are equally appalled though hardly surprised at Mr. Limbaugh’s deep cynicism and his gleeful celebration of racism and partisan vindictiveness.  What both pronouncements share is an offer of absolution for moral ambivalence to their constituents and a warning to remain politically suspicious of institutional  response to this massive human tragedy.

God weeps at the peril of his children and the Beneficent One is moving nations and people to serve and respond to the pressing need of the Haitian people.  Individuals from all over the world are giving time, treasure and prayers in response to this tragedy.  People of good will everywhere are placing themselves in service to the people of Haiti out of compassion to relieve suffering and a compulsion to protect the sacredness of our shared humanity.  The world goes up in a collective cheer each time a search and rescue team extract another small soul from the hell of a mountain of rubble.  Refusing to walk away from the plight, refusing to avert our eyes from the pressing need of a people in need is a desperate rescue mission of a most fragile respect for our shared humanity.

Small people everywhere are flapping tiny butterfly wings, creating a gale force wind to knock down the walls that divide us.  It is the only way to solve the massively complex  global problems that work to undermine us.  The collective desire to change overcomes the sense of our powerlessness to change.  Just like a Baptist Minister from Montgomery, or a tiny woman who refused to go to the back of the bus, big things emanate from the smallest places.  All one must do is begin to spread the wings and flap.  Today is a very good day to flap our wings and offer prayers that our small individual actions taken together will blow down the barriers that divide and address the problems that vex humanity.

You Tube Music Video: Mavis Staples, Keep Your Eyes on the Prize

Risk: ambivalence, paralysis, cynicism,

 

January 18, 2010 Posted by | Civil Rights, community, culture, democracy, faith, government, holiday, LGBT, MLK, politics, seasons, social justice | , , , , , , , , , , , , , , | 6 Comments

The Profitability of Patriotism: SME Lending

What a  difference a year makes.  A year ago the banks came crawling to Washington begging for a massive capital infusion to avoid an Armageddon of the global financial system.  They sent out an urgent SOS for a $750 billion life preserver of tax payers money to keep the banking system liquid.  Our country’s chief bursar Hank Paulson, designed a craft that would help the banks remain afloat.  Into the market maelstrom Mr. Paulson launched the USS TARP as the vehicle to save our  distressed ship of state.  The TARP would prove itself to be our arc of national economic salvation.  The success of the TARP has allowed the banks to generate profits in one of the most prolific turnarounds since Rocky Balboa’s heartbreaking split decision loss to Apollo Creed.  Some of the banks have repaid the TARP loans to the Fed.  Now as Christmas approaches and this incredible year closes bankers have visions of sugar plum fairies dancing in their heads as they dream about how they will spend this years bonus payments based on record breaking profitability.   President Obama wants the banks to show some love and return the favor by sharing more of their balance sheets by lending money to small and mid-size enterprises (SME).

Yesterday President Obama held a banking summit in Washington DC.  Mr. Obama wanted to use the occasion to shame the “fat cat bankers” to expand their lending activities to SMEs.  A few of the bigger cats were no shows.  They got fogged in at Kennedy Airport.  They called in to attend the summit by phone.    Clearly shame was not the correct motivational devise to encourage the bankers to begin lending to  SMEs.    Perhaps the President should have appealed to the bankers sense of patriotism; because now is the time that all good bankers must come to the aid of their country.  Failing that, perhaps Mr. Obama should make a business case that SME lending  is good for profits.   A vibrant SME sector is a powerful driver for wealth creation and economic recovery.    A beneficial and perhaps unintended consequence of this endeavor is  the economic security and political stability of the nation.  These  are the  worthy concerns of all true patriots and form a common ground where bankers and government can engage the issues that undermine our national security.

The President had a full agenda to cover with the bank executives.  Executive compensation, residential mortgage defaults, TARP repayment plans, bank capitalization and small business lending were some of the key topics.  Mr. Obama was intent on chastising the reprobate bankers about their penny pinching credit policies toward small businesses.  Mr. Obama conveyed to bankers that the country was still confronted with major economic problems.  Now that the banks capital  base has been stabilized with Treasury supplied funding they must get some skin into the game and belly up to the bar by making more loans to SMEs.

According to the FDIC, lending by U.S. banks fell by 2.8 percent in the third quarter.  This is the largest drop since 1984 and the fifth consecutive quarter in which banks have reduced lending.   The decline in lending is a serious  barrier to economic recovery.  Banks reduced the amount of money extended to their customers by $210.4 billion between July and September, cutting back in almost every category, from mortgage lending to funding for corporations.  The TARP was intended to spur new lending and the FDIC observed that the largest recipients of aid  were responsible for a disproportionate share of the decline in lending. FDIC Chairman Sheila C. Bair stated,   “We need to see banks making more loans to their business customers.”

The withdrawal of $210 billion in credit from the market is a major impediment for economic growth.  The trend to delever credit exposures is a consequence of the credit bubble and is a sign of prudent management of credit risk.  But the reduction of lending activity impedes economic activity and poses barriers to SME capital formation. If the third quarter reduction in credit withdrawal were annualized the amount of capital removed from the credit markets is about 7% of GDP.  This coupled with the declining business revenues due to recession creates a huge headwind for SMEs.  It is believed that 14% of SMEs are in distress and without expanded access to credit, defaults and  bankruptcies will continue to rise.  Massive business failures by SMEs shrinks market opportunities for banks and threatens their financial health  and long term sustainability.

The number one reason why financial institutions turn down a SME for business loans is due to risk assessment. A bank will look at a number of factors to determine how likely a business will or will not be able to return the money it has borrowed.

SME business managers must conduct a thorough risk assessment if it wishes to attract loan capital from banks.  Uncovering the risks and opportunities associated with products and markets, business functions, macroeconomic risks and understanding the critical success factors and measurements that create competitive advantage are cornerstones of effective risk management.  Bankers need assurances that managers understand the market dynamics and risk factors present in their business and how they will be managed to repay credit providers. Bankers need confidence that managers have identified the key initiatives that maintain profitability.  Bankers will gladly extend credit to SMEs that can validate that credit capital is being deployed effectively by astute managers.  Bankers will approve loans when they are confident that SME managers are making prudent capital allocation decisions that are based on a diligent risk/reward assessment.

Sum2 offers products that combine qualitative risk assessment applications with Z-Score quantitative metrics to assess the risk profile and financial health of SMEs.   The Profit|Optimizer calibrates qualitative and quantitative risk scoring  tools; placing a powerful business management tool into the hands of SME  managers.   SME managers  can  demonstrate  to bankers that their requests for credit capital is based on a thorough risk assessment and opportunity discovery exercise and will be effective stewards of loan capital.

On a macro level SME managers must vastly improve their risk management and corporate governance cultures to attract the credit capital of banks.  Using programs like the Profit|Optimizer,  SME’s can position themselves to participate in credit markets with the full faith of friendly bankers.  SME lending is a critical pillar to a sustained economic recovery and stability of our banking system.  Now is the time for all bankers  to come to the aid of their country by opening up credit channels to SMEs to restore  economic growth and the wealth of our  nation.

You Tube Music Video: Bruce Springsteen, Seeger Sessions, Pay Me My Money Down

Risk: banking, credit, SME

December 16, 2009 Posted by | banking, credit, government, Paulson, Profit|Optimizer, recession, risk management, Sum2, sustainability, TARP, Treasury | , , , , , , , , , , , , , , , , , , , , , , , , , | Leave a comment