AndyO Blog

Sunday, October 30, 2011

How to start fixing our financial and political mess

I just read a great New York Times editorial by Thomas Friedman about the current financial and political mess in the United States. Here's the part that everyone should read about how to start repairing the damage (#4 highlighting added by me):

Our Congress today is a forum for legalized bribery. One consumer group using information from Opensecrets.org calculates that the financial services industry, including real estate, spent $2.3 billion on federal campaign contributions from 1990 to 2010, which was more than the health care, energy, defense, agriculture and transportation industries combined. Why are there 61 members on the House Committee on Financial Services? So many congressmen want to be in a position to sell votes to Wall Street.

We can't afford this any longer. We need to focus on four reforms that don't require new bureaucracies to implement. 1) If a bank is too big to fail, it is too big and needs to be broken up. We can't risk another trillion-dollar bailout. 2) If your bank's deposits are federally insured by U.S. taxpayers, you can't do any proprietary trading with those deposits -- period. 3) Derivatives have to be traded on transparent exchanges where we can see if another A.I.G. is building up enormous risk. 4) Finally, an idea from the blogosphere: U.S. congressmen should have to dress like Nascar drivers and wear the logos of all the banks, investment banks, insurance companies and real estate firms that they're taking money from. The public needs to know.

Capitalism and free markets are the best engines for generating growth and relieving poverty -- provided they are balanced with meaningful transparency, regulation and oversight. We lost that balance in the last decade. If we don't get it back -- and there is now a tidal wave of money resisting that -- we will have another crisis. And, if that happens, the cry for justice could turn ugly. Free advice to the financial services industry: Stick to being bulls. Stop being pigs.

Did You Hear the One About the Bankers? - NYTimes.com

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posted by AndyO @ 11:16 AM   0 comments

Tuesday, October 25, 2011

Michael Moore stops by my work

Last month, Michael Moore stopped by Microsoft to talk about his book and share some of his thoughts on the current state of America and the world. I've read a lot of Moore's books and columns and seen most of his films. But in person, Moore came across as more patriotic than probably any speaker I've ever seen. He genuinely cares about America and is saddened by the direction things have gone for so many people.

If you've read the moving excerpt from Moore's new book, Here Comes Trouble: Stories from My Life, you know that he travels with a small security force of ex-Navy SEALs because people have tried to hurt him. The presence of this security team was immediately noticeable in the conference room at Microsoft, as three or four men constantly scanned the crowd.

When Moore walked in he was wearing dark glasses, a jacket over a black t-shirt, jeans, and his trademark baseball cap. I was surprised by how physically imposing he was, and was briefly reminded of the late John Candy (with whom he worked in his only fiction film, Canadian Bacon).

Michael Moore at Microsoft

Moore apologized for being late but said he had to stop at Men's Warehouse to get a jacket. He said he'd never been invited to speak at a corporation and he imagined we'd all be dressed up.

"But now I look out at you, and you're all dressed like Pearl Jam!" he said.

Moore was clearly uncomfortable at the beginning of his talk. He didn't seem to know what to expect from a Microsoft audience, or what he should do, but he soon found we interested in what he had to say.

Obama - The Invisible President

Moore talked about how it was a miracle that Obama got elected -- especially given that Obama's full name was on the ballot: "Barrack Hussein Obama." Moore told a story of going into the ballot box and getting emotional -- causing a tear to fall on his vote for Obama, which then caused the ink to run. He said he started blowing on the paper to try to dry it. His wife wondered what he was doing in the ballot box.

Moore said he was surprised that Obama won by over 10 million votes, especially given that he was African American -- and had that middle name. But this was no close election. Voters wanted change.

But then Obama started trying to work with the Republicans. At first, Moore thought this was admirable. But it became clear that the Republicans really wanted nothing to do with Obama.

They treated the president like he was invisible.

By the margin of victory for Obama's election, voters had been clear that they wanted change, but Obama continued to try to work with Republicans. And Republicans kept ignoring him.

Moore is disappointed in Obama's lack of leadership (as am I).

Asked if Moore would vote for Obama in the upcoming election, he said, "I'm not sure."

"Just 400 Americans -- 400 -- have more wealth than half of all Americans combined."

Moore talked about how everyone thought this quote from March 5, 2011, in Wisconsin was wrong. But then the media and organizations fact checked it, and it turns out he was right.

Moore said that history is a guide to what will happen if this inequality continues. There's only so much people will take before they revolt. Note that this comment was made just as the recent protests on Wall Street were starting -- before they had grown.

Becoming a character in the public eye

Moore talked about how so much of what is said about him isn't true. He said at first he thought some of this was funny, but then he said it started to become an out-of-body experience.

What I've found when I see a public figure in person is they're much different than the  person who's portrayed in the media. That character -- or persona -- who's created by media is made up of quotes that person didn't necessarily say -- and are many times taken out of context. It makes you realize how hard it is to maintain a public persona that's close to who you really are as a person.

Q&A

Some of the most interesting moments came during the Q&A with Moore. Here's a sample:

How would you fix the political system?

Get the money out of it (make it more like Canada's system), and include a primary and secondary choice for President. This way, you don't have to throw away your vote -- but can still make a statement.

How can Obama win a second term?

Put Wall Street bankers in jail. "America loves a perp-walk!"

Why he said, "We have been the cowards, lobbing cruise missiles from 2,000 miles away. That's cowardly. Staying in the airplane when it hits the building, say what you want about it, it's not cowardly."

Moore nicely corrected the questioner and said, "I didn't say that. Bill Maher said that. It's the reason he was fired from ABC."

The questioner wanted to spar with Moore, talking about how Al Qaeda was in Iraq and we were justified in our invasion. Moore was frustrated, but I was impressed with his respect for the person. Moore could have pounced on her just for having her facts wrong about the quote, but he said something like, "I'm sorry you feel that way."

Meeting Michael

I stood in line to get my book signed by Moore. Again, the security was much more intense than what you usually see at an event like this. They wouldn't let anyone linger near Moore after they got their book signed.

When I finally walked up to get my book signed, Michael said, "What do you do at Microsoft?" And I told him. I thought it was interesting that he's the only person who's come through Microsoft signing books who's asked me this question, and he seemed interested.

I was also surprised at how tired Moore seemed during that brief conversation. It's as if giving the speech and taking questions had taken almost all his energy, which is understandable.

Final thoughts

Later, as I thought about Moore's speech I realized that democracy needs people like him -- people who are willing to call the B.S. when they see it. For Moore, his true test came when he criticized Bush during his Oscar acceptance speech. Then his life was turned upside down. People wanted to kill him for being unpatriotic. People tried to hurt him. But in the end, he was right about Bush sending us to war for "fictitious reasons."

I was in awe of Moore's courage to speak out against the Iraq War -- and to put everything he had into his next documentary Fahrenheit 9/11. Very few of us are willing to hang everything on the line like this.

If you're a person who thinks Moore is a left-wing wacko, then I would challenge you to:

  • Read one of his books
  • Watch one of his documentaries

If you still think he's a wacko, that's fine, but at least you'll be making the decision for yourself -- and not through a media filter.

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posted by AndyO @ 11:34 PM   0 comments

Sunday, November 22, 2009

Al Gore stops by my work

On Tuesday, former Vice President, senator, Nobel Prize winner, and author stopped by my work. He was there to promote his new book, Our Choice: A Plan to Solve the Climate Crisis.

Photo of Al Gore by Jay Munro

He said his book, An Inconvenient Truth: The Planetary Emergency of Global Warming and What We Can Do About It, was more about the evidence that the Earth is warming, and that humans are the cause. Our Choice is about the ideas to solve the crisis -- from solar to nuclear power.

A few things Mr. Gore said that I found interesting:

  • Just one hour of sunlight can power the earth for an entire year.
  • The population on earth will level off at about 9.1 billion, since most people are not having more than one or two children (and many other factors).
  • He thinks President Obama is doing a good job of getting climate change on the agenda -- but it's clear he thinks we should be even more aggressive. One thing he said was that companies will be required to report their carbon emissions starting in 2010.
  • He said that even if you guarantee the safety of nuclear plants and contain their waste, there are too many questions around cost and building estimates.

After Gore spoke for an hour, he signed books for a lot of people. Here I am getting my book signed (I'm the one in the blue coat).

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I bought the young reader's edition Our Choice: How We Can Solve the Climate Crisis (Young Reader Edition) for my two sons.

Later that day, I was talking to my wife Brenda about Al Gore's life and all he's done. The one thing people usually think about is that he lost the election to George W. Bush (thanks to the Supreme Court); but I think Gore is one of the rare politicians who was able to make a difference outside of public service. You could say that he probably made even more of a difference, providing the tipping point for America to wake up and take this problem seriously.

Now we just need to continue to take action and decrease our carbon-based energy emissions. I think it can be done.

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posted by AndyO @ 10:24 AM   0 comments

Wednesday, January 21, 2009

Obama becomes president

What an incredible day.

After eight years of George W. Bush and his failed policies, we finally have a new leader in the White House. And while this new leader has a huge task in front of him with the economic crisis, at least he recognizes the challenge. In his inaugural speech he said that things are bad. It's such a relief to have someone in the White House who's actually working on problems instead of trying to cover them up.

As I turned on my TV this morning to watch the celebration at the Capitol, I was awed by the sight of over a million people waiting for Obama. I knew it was going to be an historic day, but this was beyond words. As a nation, we had transcended something -- even beyond the first black man to be President of the United States; we'd come together to celebrate optimism and hope.

If that wasn't enough, Obama gave a stirring, deeply-felt inaugural address. I think this is a speech people will be talking about a hundred years from now.

So, let it begin. The first hundred days are the most important. Let's dig out of this hole.

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posted by AndyO @ 1:20 AM   1 comments

Sunday, January 18, 2009

Obama's top-secret phone

Update -- 2/2/09: According to Computerworld, President Obama has not divulged whether he's still using a BlackBerry. BlackBerry-gate continues.

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According to CNET, President-elect Obama is switching from his beloved Blackberry to a General Dynamics-built, super-secure Sectera Edge. Oh, and it's running Windows Mobile (uh-oh -- here comes Blackberry-gate, just like Zunegate). Check this thing out.

Sectera Edge

Like what you see? Pick one up for only $3,350.

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posted by AndyO @ 12:41 AM   0 comments

Tuesday, November 04, 2008

Election 2008

After what seems like years, the election is finally happening today. Here are the results.

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posted by AndyO @ 5:35 PM   0 comments

Monday, September 29, 2008

The sky is falling (on Wall Street)

Well, the bailout package didn't pass the House of Representatives today. Everyone thought it was going to pass. And this is what it did to Wall Street:

Picture of Wall Street numbers - Sept 29, 2009

I guess -777.68 is the third-biggest decline since World War II, and the worst decline in two decades. However this decline is the worst "one day point drop ever for the index," which wiped out $1.2 trillion in market value. On Black Monday, October 19, 1987, the market lost 20% (508 points), which was a stock market crash.

So, I guess we could say that it could have been worse.

We'll see what happens.

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posted by AndyO @ 8:22 PM   0 comments

Sunday, June 22, 2008

Tim Russert - In memoriam

Update - 6/22/08

I just read that Tom Brokaw will be taking over for Tim Russert on "Meet the Press." I don't think anyone else could have taken over, at least on the NBC roster, as Brokaw was the most popular news anchroman when he stepped down in 2004. Brokaw will bring the authority that NBC needs in an election year.

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When I read about Tim Russert's death last Friday, it seemed a little surreal. I had practically just seen him at my work two years earlier, on June 8, 2006, where he talked to the small crowd, and then signed copies of "Wisdom of Our Fathers." I wasn't going to buy the book, but just listening to him talk about it sold me (it was a collection of letters from people who talked about the wisdom of their fathers). I gave it to my Dad for Father's Day, and he really enjoyed it.

I have to admit I didn't watch "Meet the Press" too often, but I did see Mr. Russert on other news shows. He always came across as a serious journalist. When I saw him in person, Russert seemed like the kind of guy you could sit down with and have a few beers -- a friend. It was this quality that made him so popular with TV audiences.

Thinking back on the hour I spent with Russert, thinking about the brief exchange we had when he signed my book, I'm reminded of how one person can make a difference. In this age of media spin and information overload, it was refreshing to find someone in a position of influence who knew how to cut through the B.S. Who knew how to shine a light on the Truth.

It's rare to see such an outpouring of sympathy and mourning for a journalist. From what I've read, Russert's funeral was much like a state funeral -- with mayors, senators, presidents, colleagues, and presidential hopefuls in attendance.

I think that Russert would have been shocked by the amount of attention his funeral received. I think he would have worried about what wasn't being reported on because of his funeral.

But sometimes people need to stop and pay tribute to a person who changed the world.

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posted by AndyO @ 1:05 AM   0 comments

Tuesday, February 05, 2008

Super Tuesday dashboard

I've been impressed with MSNBC.com's coverage of Super Tuesday. In particular, the Super Dashboard is really cool, with interactive results, live video, and more. If you're tracking the races, check this out:

MSNBC.com Super Dashboard

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posted by AndyO @ 6:53 PM   0 comments

Saturday, December 01, 2007

Hillary and Bill stop by my work

Within one week, Hillary and Bill Clinton stopped by my work. For Hillary, it was a campaign stop, where she outlined her platform and talked about what she would do as President. For Bill, it was a chance to talk about his foundation. This was the second time I'd heard both of them speak, and, as usual, I was impressed.

Hillary Clinton in SeattleHillary has convinced me that she has what it takes to be President. She spent 8 years in the White House as the First Lady, and she's spent another 7 years as a U.S. Senator. She understands how things work, and how you get things done in Washington.

I like that Education is one of her top priorities, as it's one of the places the U.S. has fallen behind. The last time we fell behind like this, as she pointed out, was when the Russians launched Sputnik. She said she still remembered when her teacher told her she needed to start learning more science -- a directive coming directly from the President of the United States. What she didn't say, but what I've read, is one of the reasons the U.S. fell behind the Russians was that science wasn't being taught in schools. Instead of Evolution, many schools taught Creationism. It was at this point that Evolution replaced Creationism in U.S. schools. And then we went to the moon.

Bill Clinton in Seattle<soapbox>The Bush administration has perpetuated a similar scientific slide that we saw prior to Sputnik. Whether it's their ignoring the facts on Global Warming, pretending that Evolution didn't happen, or banning stem cell research, we must stop this slide or the U.S. will not be part of the technology leadership in the 21st Century. Only this time, instead of the moon, the United States' economy is at risk. </soapbox>

The other area that resonated with me was that Hillary said if she's elected president, she'll send out envoys to all corners of the globe to tell the other leaders that "cowboy diplomacy is over." I think many Americans are tired of being viewed in this light by our fellow citizens in the world. Any change isn't good enough. We need a radical change. 

Finally, a note about the polarizing effect of Senator Clinton. One conversation I had with an older woman on a flight from Detroit, MI, to Buffalo, NY, is a good example: this woman, a life-long resident of New York, said, "Hillary does what's good for Hillary." When I told her I'd actually seen Hillary speak, and that I was surprised how warm, funny, and smart she was, this seemed to take her by surprise. I said to her, "You should really go see Hillary in person -- especially since she's your senator." She agreed. And I guess this brings up a good point about Hillary: She doesn't come across that well on TV. The media always seems to find a way to use her sound bites against her -- which is true for any candidate. But there's this perception that she's this selfish, power-grabbing woman who's just in it for herself. All I have to say is go listen to her in person and see what you think.

We'll see what happens...  

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posted by AndyO @ 7:06 PM   0 comments