Archive for the Awards / Incentives Category

Writin’ (February 17, 2014)

Posted in Awards / Incentives, Book Reference, Plastic, Slavery, Writing on February 17, 2014 by e-commentary.org

. . .

W1       “Read and write and read and write and read and write and read and write and rinse and repeat.”

W2       “Learn to juggle all the words in the English language and a few other languages behind your back in the dark with ease.”

W1       “And recognize the nuances of education, location, geography, employment, religion, politics, race and class.”

W2       “Develop an eye for detail and an ear for dialogue.”

W1       “Subtly appreciate and acknowledge the true nature and flow of actual daily discourse and conversation.”

W2       “And understand and capture the smell and feel and taste of a person, place and thing.”

W1       “Write what you know.  And know much.”

W2       “Go beyond knowing and write what you understand.”

W1       “And understand much.”

W2       “Go beyond understanding and write about and with wisdom.”

W1       “Then write what terrifies you and satisfies you and mystifies you and pacifies you.”

W2       “Show.  Do not tell.”

W1       “Tell a great story by showing a great story.”

W2       “Show and tell may be the most revealing show and tell.”

W1       “It is often easier done than said.”

W2       “It is only said if it is done.”

W1       “It is only done if it is done.”

. . .

W2       “Celebrating one’s love for language is another way to celebrate the day.”

. . .

W1       “Are ‘Doonesbury’ and ‘Prairie Home Companion’ the Great American Novels?”

W2       “A novel notion.  The Great American Novel is not a novel after all but rather a visual depiction in “Doonesbury” and an oral transmission in “Prairie Home Companion” depicted and transmitted in dollops over the decades.  They reward those with an eye for detail and an ear for dialogue.”  

W1       “Devoid of all the insecure male posturing that seems to be deemed the sine qua non of the GAN.”

. . .

[See the article at http://www.nytimes.com/2014/02/11/nyregion/ban-sought-on-microbeads-in-beauty-items.html?hp&_r=0 seeking to address microscopic beads that get into the water supply.  See the “e-ssays” under https://e-commentary.org/category/plastic/ that are part of “Project Plastic.”]

[From the New Confederacy in Utah and Oklahoma to the Old South in Virginia, hate is on the run, on the retreat, and on the retrograde.  See the e-ssay” titled The Sea Change Is Now A Tsunami (March 11, 2013).  For those who are troubled by slavery in all its forms and permutations, the vote in Tennessee, a charter member of the Old South, on unionization at the Volkswagen plant is disappointing.]  

Bumper stickers of the week:

Observe, Listen, (smell, feel, taste), Question, Comment

Art for art’s sake is somewhat uninspired and uninspiring.  Exquisitely superb art that promotes positive political, economic and social purposes is the most inspired art.

Kleptocracy, Inc.: Rebranding America (November 18, 2013)

Posted in Awards / Incentives, Bailout/Bribe, Banks and Banking System, Bernanke, Economics, Economics Nobel, Federal Reserve, Kleptocracy, Stock Market on November 18, 2013 by e-commentary.org

. . .

A          “‘Go Kleptocracy, Inc. Go’ doesn’t have the same ring as ‘Go U.S.A. Go.’”

B          “You could replace the stars with dollar signs and the stripes with universal product codes to reflect the monetization of America.  Rally ‘round the ‘Dollar Signs and Bar Codes’ does not alliterate the way rally ‘round the ‘Stars and Stripes’ does.”

A          “And doesn’t sound right, does it.”

B          “To say that everything is a lie and a fraud is an understatement.”

A          “Almost everything is a lie.”

B          “That may be closer to the truth.”

. . .

B          “A kleptocracy is an oligarchy that no longer is even vaguely concerned about even the pretense of evenhandedness or equality.”

A          “That’s it; that’s us.”

. . .

B          “And yet so many commentators point to the Dow that topped 16 Grand for a time today.”

A          “It’s over the top.  The rise is so tightly correlated with the monthly eighty-five billion dollar ($85,000,000,000.00) bribe paid by the Federal Reserve to the Big Banks.”

B          “What if they doubled the bribe to one hundred and seventy billion dollars ($170,000,000,000.00) each month paid to the Big Banks.  Why not.  Everything is a fraud and a lie and a fraud.”

A          “The crash will be even more epic.”

. . .

A          “One of the former Federal Reserve officials confessed and apologized for the program known as ‘quantitative easing’ as the ‘greatest backdoor Wall Street bailout of all time’ with little real economic expansion.  Bernanke* is a nice guy who has really done little more than dispense bribes to Big Banks.”

B          “Like Bernanke*, Jellen may be the best this talent-starved kleptocracy can produce.  She will continue the official Federal Reserve policy of dispensing bribes to Big Banks.”

A          “In her testimony, she assured Wall Street and the Big Banks that she will maintain their primacy and hegemony.”

B          “Congress charged the Federal Reserve with considering employment.”

A          “The Fed is mindful of the impact of its bribes on employment on Wall Street.”

. . .

A          “What if he went out like former President Eisenhower and delivered a warning about the perniciousness of the financial industrial complex?”

. . .

A          “The answer is so obvious and so easy.  Preclude any bank from holding more than one hundred billion dollars ($100,000,000,000.00) in assets.”

B          “The Big Banks will never approve that action by the Federal Reserve.”

. . .

A          “The Norwegians do not help when they dispense their trophy to the cheer leaders who put a cheery façade on the fraud.”

B          “And the e-con-omics departments oblige by providing a steady pipeline of obedient sycophants.”

. . .

[See the article titled “Andrew Huszar: Confessions of a Quantitative Easer” at http://online.wsj.com/news/articles/SB10001424052702303763804579183680751473884.].

[See the “e-ssays” titled Greenspan’s Legacy – Apres moi, Le Meltdown (January 30, 2006), The Dow Jones (the Murdoch ?) Hits 14 K In A Hollow Economy (July 23, 2007), A Bleak Day: The Trillion Dollar Tragedy (October 6, 2008), The TARP Is A Trap (January 19, 2009), The Bush Grand Slam (February 14, 2011) and (M)End The Fed (July 11, 2011) concluding with a draft Federal Reserve Enforcement Order that Janet Jellen could issue in her first few weeks on the job.]

Bumper sticker of the week:

In Greed We Trust

Columbus And The Redskins (October 14, 2013)

Posted in Awards / Incentives, Consumerism, Economics Nobel, Football, Race, Sports on October 14, 2013 by e-commentary.org

. . .

1          “Columbus Day lands at a fortuitous time between Labor Day and Veteran’s Day and keeps the steady cycle of holidays and spending sprees rolling along.”

2          “The summer, 2014 lines of consumer goods and bads have already been rolled out at a few malls.”

1          “We are mauled at the malls.  And the day arrives just in time for the great debate over the team’s name.”

2          “The name is not used disparagingly.  The name is part of the tradition and history and culture of the team.  Leave it.  Address real problems.”

1          “Western man invaded the continent and used a great Zamboni moving from east to west to scrape the Natives off their land and deposit them on patches of unproductive dirt.  And then we use a term to refer to the dispossessed that is not endearing.”

2          “And introduced germs and genocide.  And grew the gross domestic product of the newly formed United States of America by stealing land from the Red man and liberty from the Black man.  All true and all troubling.  Yet the name is positive in context and has positive connotations in practice.” 

1          “The individuals who dislike the use of the name are organized and zealous.  Those who like or tolerate the name are not organized and may not be as passionate.  The vocal group will compel a change in the next few years.”

2          “Seems to me that we need to pause, catch our breath and reflect on what really matters.”

. . .

[See the “e-ssay” titled Skip the Nobel in Economics? (Oct. 6, 2009) for its continuing relevance to today’s announcement.]

[See the “e-ssays” titled The First Look At The “Second Political Party” (January 3, 2011) and Immanentize The Eschaton: Move To Sunny Somalia (December 20, 2010) for some perspective on the current global political climate change.]

Bumper stickers of the week:

Go Redskins

Go Skins

The People’s Amendment: The “Contract With America” (April 29, 2013)

Posted in Awards / Incentives, Balanced Budget Amendment, Coffee Party USA, Conflicts of Interest, Congress, Constitution, Immanentizing The Eschaton, Political Parties, Tea Party, Term Limits on April 29, 2013 by e-commentary.org

. . .

X          “What do Republicans and Democrats agree on?”

Y          “Nothing.”

X          “What do Republicans and Democrats disagree on?”

Y          “Everything.”

. . .

X          “There you go.  The People’s Amendment:  ‘If a law applies to the people, it applies to Congress; if an exception or exemption applies to Congress, it excepts and exempts the people.’  One simple commutative rule enshrined in a constitutional amendment.  Genius is always obvious and simple.”

Y          “And the provision applies equally to Republicans and Democrats.”

X          “Indubitably.  Courts could easily interpret it without all the arrogant activism and ideological warfare that characterizes the courts today.  Every tax payer has standing to enforce the People’s Amendment in court.  Individual Congresspersons and Senators who vote for legislation that violates the PA are held personally liable for the attorney’s fees of the tax payer who succeeds in enforcing the PA and a small percentage of the public damages.  Each representative’s self-interest is enlisted to provide for and protect the public interest.”

. . .

Y          “While you are at it, add a simple term limits provision.  Six two-year terms in the House and two six-year terms in the Senate are balanced and fair.  The provision applies equally to Republicans and Democrats.”    

. . .

X / Y  “However, a balanced budget amendment is hollow and shallow.  Congress can balance the budget without a balanced budget amendment if Congress wants to balance the budget.  Congress can circumvent a balanced budget amendment if Congress wants to circumvent a balanced budget amendment.”

. . .

[See the “e-ssays” titled The “Contract with America”; The Congressional Reform Act of 2010 (March 29, 2010), Term Limits (May 14, 2007) and Bringing Balance To The Balanced Budget Amendment Debate (July 18, 2011).]

[For an argument that John McCain and Lindsey Graham should not be considered “enemy combatants,” see the “e-ssay” titled Republicans are Enemy Combatants? (May 10, 2010).]

Bumper stickers of the week:

A Democrat for The People’s Amendment

A Republican for The People’s Amendment

An Independent for The People’s Amendment

A Libertarian for The People’s Amendment

A Green for The People’s Amendment

A Tea Partier for The People’s Amendment

A Coffee Partier for The People’s Amendment

A Partier for The People’s Amendment

My honor student supports The People’s Amendment

My average student supports The People’s Amendment

My below average student opposes The People’s Amendment

My dog supports The People’s Amendment

A sniper for The People’s Amendment

An LBGT for The People’s Amendment

A mom for The People’s Amendment

A dad for The People’s Amendment

A viscountess for The People’s Amendment

A Fan of Fred (Hayek) for The People’s Amendment

A visiting adjunct professor at the Barack Hussein O’Bama II School of Government at the University of Chicago for The People’s Amendment

Pulitzers Are Pro-War? Pressing The Pushitzers. (April 22, 2013)

Posted in Awards / Incentives, Journalism, Newspapers, Press/Media on April 22, 2013 by e-commentary.org

. . .

1        “Hearst sure was.  He lobbied via his newspapers to get America involved in a dustup or two.”

2        “You never know, he might have qualified for a Pulitzer.  Their award for Commentary often seems to reward the individual who did the most over the past year to foment, promote and encourage war and discord, albeit usually subtly.”

1        “I envision a ‘war correspondent’ as someone like Martha Gellhorn who chronicled war and was even repelled by it rather than those who advocate and lobby for the start and prosecution of a war.”

2        “Greenhorn that I am, I naively believe that a ‘war correspondent’ who understands war also should comment on the need to prosecute those who start and prosecute an illegal and immoral war.”

1       “The War Lobby is wide-ranging; each industry does its part and takes its pro rata profit.  The Washington Post/The New York Times Pulitzer Prize for Commentary shuffles between The Washington Post Writers Group and The New York Times group of writers with a few stray forays over to the Murdoch Journal and another publication or two.  And favors those who favor war.”

2        “When you think about it, the unprovoked and illegal invasion of Iraq in 2003 could go down in history as ‘The Washington Post/The New York Times War.’”

1        “Or the ‘General Electric/NBC/MSNBC War.’”

2        “Or the ‘ABCNNBCBS War.’”

1        “Or the ‘Fox Fiasco.’  A war spikes ratings.”

2        “And builds bottom lines.  In a generation, the Press has moved from investigating at great financial and personal risk the undermining of democracy in 1973 to supporting the invasion of a sovereign nation in 2003 with great financial and personal reward for the journalists, television folks and others on the inside.”

1        “As they said back in the olden days in ‘73, follow the incentive structure.  The Pulitzer Prize impacts pay, power, prestige, promotions, professorships, and the like.  We need to establish a peace prize for commentary for the journalist who questions the immediate resort to full-scale war and violence for every slight or perceived slight to counterpoise the Pulitzer Commentary War Prize.”

. . .

2       “Remember the scene in ‘Three Little Beers’ where the Three Stooges impersonate reporters to gain entrance to the Rancho Golf Course by using knobs from bathroom fixtures as press passes.  Moe’s and Larry’s read ‘Press’; Curly’s read ‘Pull.’  To get reporters to impersonate reporters, we need to establish something like the Pressitzer Commentary Peace Prize to push against the powerful forces advocating for war and violence.”

1        “What about the ‘Pushitzer Commentary Peace Prize’ to press for the consideration of a peaceful resolution.”

2        “But peace may not be what the editors and publishers want, so the effort may be all for naught.”

1        “The outcome turns on what the readers want.  And will pay for.”

. . .

Bumper stickers of the week:

Earth Day Every Day

Civics Quiz:  “Can you name either the Three Stooges or the three branches of government?”  “Larry, Moe and the Supreme Court.  . . .  Right?”  . . .  “Spanky, Fox and Congress.”  . . .  “Manny, Moe and Jack.”

A press pass is not a pass for the press

If you are not a pacifist, are you an activist?

Give war a chance

Give war a fighting chance

Give war a fighting chance, or I will kill you

Don’t give peace a chance, not even a fighting chance or I will kill you

Energy “Manhattan Project”: The “Carbon Tax And Dividend” (March 25, 2013)

Posted in Awards / Incentives, Economics, Economics Nobel, Gay Politics, Global Climate Change, Global Warming, Supreme Court, Taxation on March 25, 2013 by e-commentary.org

. . .

C1         “The ‘Manhattan Project’ wisely collected all the talent in one location under one command to develop the atomic bomb.  The project required the right mathematical formulas and the right raw materials to be assembled by one team under one governmental authority.  Some say the solution to our energy challenges is to create a Manhattan Project under one authority with one energy czar.  However, the solution is not to establish a government agency but rather to enlist and unfetter the market mechanism.  Rather than subsidizing a company that is politically connected or sports a flashy marketing campaign, let the market decide.  Let not one but one million citizens work on it.  The proposed ‘carbon tax’ provides a tax on carbon and thus rewards those who can reduce or avoid the production of carbon and taxes those who cannot.  The funds collected by the tax are returned as a dividend to the public to maintain revenue neutrality.”

C2         “The ‘old cap and trade scheme’ created undesirable property rights that would be unworkable and undesirable.  A carbon tax and dividend sounds workable and desirable.”

C1          “Friedrich van Hayek would have endorsed the carbon tax and dividend mechanism.  He surely is rolling over in his grave because we as a society have not adopted it.”

C2         “I know that I for one want Fred to rest in peace.”

. . .

[See the website http://www.citizensclimatelobby.org/.]

Bumper stickers of the week:

A planet is a terrible thing to waste

Sign outside the Supreme Court:  “Supremes:  You can hurry love.”

Sports Writers: 1 – 0 (January 14, 2013)

Posted in Awards / Incentives, Courts, Economics Nobel, Federal Reserve, Guns, Journalism, Law, Newspapers, Perjury, Perjury/Dishonesty, Sports, Taxation on January 14, 2013 by e-commentary.org

. . .

A          “A mixed group of informed individuals acting individually issued a profound collective indictment.”

1          “In court, the government only determines whether a person is guilty or not guilty, a court does not determine whether a person is innocent.  Yet when you look carefully, far too many courts have found far too many innocent individuals to be guilty.”

A          “Still not a great idea to be Black or Brown and get mixed up in the American judicial system.”

1          “It is to be eschewed.  The government is not and should not be allowed to deprive someone of his or her liberty without proof beyond a reasonable doubt.  The court of public opinion does not need to meet that high threshold when considering those who play on the court or field or pitch.”

A          “The sports writers are akin to an informed group of jurors from all ages, albeit a little older, and backgrounds, albeit a shade White, and world views from different parts of the country.”

1          “On the uniforms, they sport the initials MLB not MDL – the Major Dopers League.”

A          “They can get their own hall of fame, the Hall of Shame.”

1          “I might waive the character requirement and support a scoundrel if he played clean against others who played clean.”

A          “They may also be atoning for the great oversight in the late 1990s when any honest person realized that the guys were juiced and few said anything.  Finding the individual who was not juiced or was not juiced much will be a challenge.  The brush could be too broadly brushed.”           

1          “This is a promising start.  Now if we can get the Norwegian suits to follow suit and not award the Nobel in e-con-omics unless they award it to someone who understands eco-nomics.”

A          “Everyone from Roberts on the Supreme Court to players on the courts succeeds by lyin’ and cheatin’.”

1          “He’s a lawyer-type.  He said that he would call balls and strikes, but keep this in mind.  He never ever said that he would call a ‘ball’ a ‘ball’ only that he would call balls and strikes.”

A          “He and Alito and Thomas and Scalia are having a ball.”

1          “Dishonesty and hypocrisy are so American.”

A          “So human really.  We don’t have a monopoly on it.”

. . .

[See http://www.nytimes.com/2013/01/17/opinion/australia-banned-assault-weapons-america-can-too.html?hp for some international perspective on gun restrictions.]

[See the “e-ssay” titled “Why Johnny And Roger? (April 30, 2012)” and the recent article on the deliberations of the Federal Reserve at http://www.nytimes.com/2013/01/03/opinion/the-new-tell-all-fed.html?hp&_r=1& and the “e-ssay” at The Kids (At The Fed) Are Not Alright (January 30, 2012).]

Bumper sticker of the week:

Play ball!

Excellence In Journalism? Time For A True Trophy (September 24, 2012)

Posted in Awards / Incentives, English Language, Facebook, Google, Journalism, Language, Newspapers, Press/Media, Writing on September 27, 2012 by e-commentary.org

. . .

J1          “Awards shape behavior.”

J2          “The palette of Pulitzers runs the spectrum from purple prose to yellow journalism.”

J1          “And the Pulitzers for black and white journalism run the route from The New York Times group of writers to The Washington Post Writers Group, with a few side shows.  The trophy could be transported on the Eastern Airlines shuttle between the New York and Washington airports named for political types, with a few side trips.”

J2          “I concede that the Pulitzers generally reward solid work, yet they only consider conventional and narrowly defined writing drawn from an exclusive clique of writers.”

J1          “They are an exclusive group because they exclude not because of excellence.  Then the Online News Association Awards emerged to emphasize ‘high-tech bells and whistles’ rather than quality and integrity.  The corporate sponsors call the shots.  The Googles and the Facebooks buy the beer and balloons and make the party possible.  Gobs of gaudy high-tech gadgets on a screen define journalism.”

J2          “But in the end that is what the readership wants.  Journalists cannot lose sight of the legitimate needs and concerns of the reader.  We need to sell the product without selling out.” 

J1          “Journalism needs a new way of thinking and a new award.  Awards shape behavior.”

. . .

[J1 = Journalist 1; J2 = . . . ]

Bumper stickers of the week:

Here today, gone today

Where’s the tofu?

Too much sizzle, not enough tofu

Skip the Nobel in Economics? (Oct. 6, 2009)

Posted in Awards / Incentives, Economics, Economics Nobel on October 6, 2009 by e-commentary.org

Nobel Prizes are announced in the next week.  This may be the year not to award the Sveriges Riksbank Prize in Economic Science in Memory of Alfred Nobel.  Okay, there may be some deserving recipients.  Maybe.  However, the discipline and the profession are failing.

Macroeconomic models are founded on fallacious assumptions about “rational” behavior and thus their conclusions are unfounded.  An individual is greedy but not rational in a predictable way.  Few individuals act in a “self-interested” way which is adequately defined as gilded greed undergirded by thought, reflection and calculation.

The “quants” on Wall Street may be quaint.  They are the economists who purported to be able to assess and manage and even eliminate risk using complex and inscrutable formulas.  There is always risk; the only question is who assumes the risk and suffers the downside.  Asserting and rewarding the proposition that “2 + 2 = 5” does not mean that “2 + 2 = 5.”  The quants and their kin were engaged in fraud perpetrated with numbers and formulas rather than with letters and syntax.  The Nobel Committee rewarded their efforts; the government rewarded their failures.

Someone interested in pursuing a Piled higher & Deeper (Ph.D.) in economics must buy into the established orthodoxy of a school and a school of thought.  Someone matriculating at a university is endorsing a worldview that is not based on an accurate view of the world.  The free-for-all culture in economics departments does not promote or provoke unrestrained free thought.  Economics departments are profit maximizing; they will produce whatever is rewarded.

Or they should give it to someone who knows something about economics and has conveyed a few sound ideas.

Bumper sticker of the week:

If all economists were laid end to end, they would reach the wrong conclusions.