Stepping Up Finally

I’ve been hesitant to write anything about the Susan G. Komen fiasco. Not for fear of invoking controversy, but because things started unraveling so fast it was difficult to know when it would play out. Here is a handy overview of the series of events. The position taken by the Komen charity group shifted, mutated, and reeled in the sudden upwelling of negative response, that on any given day whatever I might have said would be irrelevant the next morning. One aspect, however, strikes me as significant. That response. It came swiftly and it came from all quarters and it came with cash. I cannot recall a similar response happening so swiftly and so decisively in this ongoing struggle over abortion rights. One of the most annoying things about being progressive and/or liberal is the tepidity with which we meet challenges. It would appear that all of us who espouse a progressive view, when it gets down to the nitty gritty of political position-taking and infighting, have feet not even of clay but of silly putty. It is actually heartening to see an abrupt and united response that is categorically decisive for once. [More . . . ]

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3 Idiots: “Aal Izz Well”

This may not be the perfect forum for a review, but the film "3 Idiots" is about education versus training, science versus engineering, fear versus hubris (and the happy medium), life and death, love and despair, laughter and tears. And it has colorful Bollywood dance numbers, too! I rented it on a whim, as it was billed as a movie about too-smart engineering students versus the educational system. I was puzzled when it began with English subtitles during the (Indian accented) English dialog. I remembered a 1990's PBS/BBC series on the English language, when some of the impenetrable-to-me accents of the U.K. had no subtitles, but the perfectly intelligible-to-me Cajun and Ebonic dialects did. But as the blend of Hindi and English became apparent, I saw the need. I loved this movie. Once one gets into the esthetic swing of Bollywood productions, it makes perfect sense when serious issues become silly dance numbers, and all characters are played as borderline caricatures. One can observe the essential cultural differences between our familiar American dilute-Christian one-life-to-live and anyone-can-become-president attitude and the Indian institutionalized attitude that reincarnation is the only way to improve your lot except through extraordinary means. Why I think this is appropriate to this forum is the take on education. The protagonist has a scientific mindset that is often at odds with engineering philosophy and even more with institutionalized education. The system of teaching to the test is questioned, as is the principle of square pegs hammered into round holes. Vocation versus avocation is central to this, and expounded toward the end. The 3 Idiots - Official Trailer has embedding disabled, but preview is fun even without subtitles. You get the idea of how English and Hindi have merged in their culture. I defy you to watch it and not have the songs "All izz well" and/or "Zoobi Doobi" stuck in your heads.

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Financial Advisors under the microscope

I recently finished reading Dan Solin's The Smartest Portfolio You'll Ever Own (2011), half of which is a damning indictment of most financial advisers. Solin makes a convincing case that those brokers who claim that they can pick stocks or time the market are selling unadulterated snake oil. In fact, avoid all of the following: Buying individual stocks or bonds. Actively managed mutual funds Alternative investments Variable annuities Equity indexed annuities Private equity deals Principal-protected notes Currency trading, and Commodities trading. Instead, Solin recommends the slow and steady historically documented growth associated with passively managed broad market index funds including many of the low-fee passively managed funds offered by Vanguard. Solin has ample shocking facts and figures to back up his claims and indictments, and he continues the attack on false claims and hidden fees here.

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Conservative Fantasy Role Playing

I wonder sometimes how a modern conservative maintains. Romney has won the New Hampshire primary.  All the buzz now is how he’s going to have a much tougher fight in South Carolina, primarily because of the religious and social conservatives who will see him as “not conservative enough.”  There is a consortium of social conservatives meeting this week in Texas to discuss ways to stop him, to elevate someone more to their liking to the nomination.  And right there I have to wonder at what it means anymore to be a conservative. I grew up, probably as many people my age did, thinking of conservatism as essentially penurious and a bit militaristic.  Stodgy, stuffy, proper.  But mainly pennypinching.  A tendency to not do something rather than go forward with something that might not be a sure thing. I suppose some of the social aspect was there, too, but in politics that didn’t seem important.  I came of age with an idea of fiscal conservatism as the primary trait. That doesn’t square with the recent past.  The current GOP—say since Ronny Reagan came to power—has been anything but fiscally conservative, although what they have spent money on has lent them an aura of responsible, hardnosed governance.   Mainly the military, but also subsidies for businesses.  But something has distorted them since 1981 and has turned them into bigger government spenders than the Democrats ever were.  (This is not open to dispute, at least not when broken down by administrations.  Republican presidents have overseen massive increases in the deficit as opposed to Democratic administrations that have as often overseen sizable decreases in the deficit, even to the point of balancing the federal budget.  You may interpret or spin this any way you like, but voting trends seem to support that the choices Republican presidents have made in this regard have been supported by Republican congressmen even after said presidents have left office.) [More . . . ]

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