October 14, 2015--Talk Radio

I'm a notoriously poor sleeper.

I manage to fall asleep without trouble, but it's the staying asleep that's the problem.

I have found that one thing that interrupts my early morning obsessing and allows me to resume sleeping is listening to overnight talk radio. The shows tend to be so repetitive and inane that they literally bore me to unconsciousness.

Sports talk of the sort found on WFAN, where callers and hosts obsessively fret about the Jets, Giants, and Knicks gets me slumbering in less than half an hour.

And then there are the political shows. All right wing and full of hate (mostly directed toward Barack Obama) and paranoia (most fears and conspiracies attributed to Obama) and so predictable and repetitive that they too soon lull me back to dreamland.

Then there is Coast to Coast, a nationally syndicated show that is devoted to the paranormal. Guests and callers share stories about flying saucers and how they were abducted and poked in all their bodily cavities by Martians before being returned to Earth. The good news--no one on these shows seem much interested in the president. Though occasionally he is thought to be an alien.

Usually, if I manage to acquire a strong C to C signal, I'm snoring again in less than 15 minutes. There are just so many trips to Venus I can handle even when staring fretfully at the 3:00 a.m. ceiling.

It is interesting that with two exceptions, political talk radio is all so stridently conservative. The two exceptions are the Alan Colmes and Al Sharpton shows. The former has 1.75 million listeners while the Reverend typically attracts 1.0 million.

Compare this with the king of talk, Russ Limbaugh, who has 13.25 million followers; the prince of paranoia, Sean Hannity with 12.5 million; delusional Glenn Beck and Mark Levin with 7.0 million each; and the Michael Savage show that pitches to 5.25 mad-as-hell insomniacs.

All the latter specialize in savaging (pun intended) liberals and especially Obama, who, frequently, is thought to be the Antichrist or at the very least a Kenyan Muslim. Nothing he is doing or did in the past is without fault. The goal is to overturn everything he accomplished, especially Obamacare, and even to delegitimatize him. Yes, he was elected two times with majorities, but if he can be proven to be foreign born or the literal Devil, they can make him go away. It would be as if he never existed.

To give their assault on Obama and other liberals the patina of credibility, these hosts and their callers frequently make things up.

Since they cannot marshall facts to support most of their allegations and grievances, they create them, disproving Daniel Patrick Moynahan's oft-quoted assertion that we are entitled to our opinions but not our own facts.

One small example--On the well-named Red Eye Radio program the other night--a widely syndicated show pitched to truck drivers--they were ranting about Obama's intention to ignore the Second Amendment and to begin to confiscate everyone's guns. Even hunting rifles. That he was using the most recent campus slaughter in southern Utah as a "political opportunity" to justify his fascistic agenda.

"If he's in favor of more gun control," one of the hosts shouted, "why doesn't he come forward with detailed proposals? He talks in generalities but offers no specifics."

His cohost and a procession of folks called in agree.

In fact, three years ago, after the murders at the Sandy Hook School in Newtown, Connecticut, Obama proposed a full program of legislation to limit the size of ammunition magazines for automatic weapons, increased requirements for those who sell semi-automatic assault rifles at gun shows, and the like.

I thought, why aren't any people calling in to present these facts? Where are the liberals who care about these issues? Why are they, we, so passive when faced with the phenomenon of right-wing talk radio?

If we can't sustain shows that present a progressive perspective (including on television--MSNBC failed while Fox News is thriving) why not at least organize a campaign to flood the airwaves with callers who will take on the lies and vitriol of the Glenn Becks, Michael Savages, and Mark Levins?

Liberals recognize the influence and power of these shows on political life and their ability to articulate a vision for the extreme right. A segment of the activist population that is more and more influencing and even shaping the Republican agenda.

Why have we ceded this on-air ground to the untra-conservatives? Even if these shows' producers began to screen out liberal callers, that in itself would make quite a story when publicly exposed.

It is curious that progressives spend passive time tuning in to the Jon Stewarts, Steven Colberts, and Bill Mahers, but are not motivated enough to get up off the couch to take on the calumnies of Limbaugh and Hannity.

Sorry, but if we don't get mobilized, we will get what we deserve.

February 25, 2015--Two of a Kind

Appearing on CBS's Sunday show, Face the Nation, Senator John McCain said that he is "ashamed of my country" for allowing Vladimir Putin to annex Crimea and push militarily to overthrow the government of Ukraine.

Host Bob Shieffer was stunned. "I'll say this, senator, I've known you for a long, long time, interviewed you many, many times, and I've never heard you say I'm ashamed of my country."

McCain added, "I'm ashamed of my president and I'm ashamed of myself that I haven't done more to help these people."

Adding himself to the list of who to be ashamed of softened his otherwise outrageous characterization of his president. It is not appropriate for a senior senator to express these divisive and mean-spirited feelings. Yes, disagree, disagree strenuously, disagree fundamentally, disagree profoundly, whatever; but to be ashamed crosses the line and thus stunned veteran journalist Shieffer.

McCain was trumped in mean-spiritedness last week by Rudy Giuliani, formerly known as America's Mayor. Over the weekend at a Scott Walker fundraiser at New York's 21 Club, he said, "I do not believe, and I know this is a horrible thing to say, but I do not believe that the president loves America. He doesn't love you. And he doesn't love me. He wasn't brought up the way you were brought up and I was brought up, through love of this country."

And he didn't walk it back, reiterating later that he was merely expressing his feelings.

Giuliani, and to a lesser extent, John McCain are suffering from Dick Morris Syndrome. Sensing that they are both aging and losing influence and power. For Rudy, who ran disastrous campaigns for the Republican presidential nomination, to see rising empty-suit political stars such as Scott Walker grabbing attention and headlines, it is hard because of his kind of colossal ego. Ditto for McCain who still can't accept the fact that he lost the national election in 2008 and that Barack Obama is president.

In Dick Morris' case, he began his professional political career working for Upper-Westside liberal Manhattan Democrats and then moved into the center of the Bill Clinton reelection campaign until he was forced out when he got into a scandal involving a prostitute. Next stop for him was Fox News and after making a fool of himself there (predicting on air a landslide victory for Mitt Romney), he descended further and is left now pandering to that 20-30 percent of the GOP base that takes Glenn Beck, Russ Limbaugh, and black helicopters seriously. There's money to be made there by writing books about how Obama is seeking to turn America into a totalitarian state with him self-imposed as president-for-life.

These same dead-enders are now the people with whom Giuliani is left to cavort. What a sad fate.

October 4, 2013--Rite Aid

On Wednesday, while in Camden in 80 degree weather, we stopped at the Rite Aid pharmacy to buy a bottle of water. Forget for the moment that 18 ounces was $1.95 and Rona couldn't resist making a point about what must be the profit on selling "free" water.

What was most interesting was the chat I had with a Rite Aid staffer who was set up with a computer at a desk near the prescription counter.

He was with a customer but we caught each other's eye and I mouthed, "Obamacare?"

He nodded and when the person with whom he was talking got up--seemingly quite happy--I stepped closer and we chatted about what he was doing and how it was going. Counseling people, he said, about the Obamacare options available to them in Maine and how the public he was encountering was reacting to what they were learning about it from him. Very positively he reported.

He told me that at every Rite Aid around the country, not just in communitarian Maine, there were people like him who had been trained to help uninsured people think about what might be best for them.

I told him I was not waiting to have him describe the options to me, that I am on Medicare and have Aetna in addition, but since there was no one waiting he seemed eager to chat.

"They come in here having gotten most of their information about the Affordable Care Act from listening to fear-mongers such as Glenn Beck, Michael Savage, and Mark Levin on the radio in the middle of the night and, as you might imagine, are very worried about what having to purchase insurance will mean for them and their families and how much it will cost them to sign up."

"I can only imagine," I said, "Though to me it's far from perfect, I support Obamacare; but feel he hasn't done as good a job describing it, selling it, as people such as Rush Limbaugh have done to denigrate it and instill fear in unsuspecting listeners."

"Pretty much everything they tell me that they 'know' about Obamacare is wrong. For example, there is still the belief out there that if you sign up for it you and your family members will be under the control of death panels and if you currently have coverage you will not be able to keep it but will be required to join a plan endorsed personally by Obama."

"What about cost issues? Are people worried about how much it will cost them?"

"Initially, pretty much universally yes. But when I sit them done and run the numbers--based on their family income--considering incomes here are in general not that high, they discover that it will likely cost them a manageable amount to select a health care plan."

"Can you be specific?"

"Sure. For a couple making less than about $62,000 a year (and that would be almost everyone here) with the tax credits available, on average it could cost them about $100 a month. Which almost any working couple can afford. For a family of four, tax credits kick in up to about $94,000 of annual income; and the cost for the plan selected--and there's a range of them--would run from a couple of hundred dollars a month to $1,000 or so for those opting for the low-deductable, so-called 'platinum' one. On the other hand, if a family of four makes less than $32,000 a year, the cost of the basic plan will be about zero. Like for those of you on Medicare. The government subsidies will cover pretty much the entire cost. Which, to say the least, is a good and big deal."

"Do they know about how with Obamacare there are no lifetime caps on how much will be covered and how, no matter one's preexisting conditions, coverage can't be denied?"

"Some have heard about that but most haven't. And when I tell them about that--almost everyone I've spoken with thus far does in fact have a preexisting condition--they think I'm not telling the truth. That I'm a shill for Obama."

"So Mark Levin and company have been ironically successful in spreading misinformation . . ."

"And lies," he said. "That's what this computer's for," he tapped the screen, "I show them the truth in black and white, so to speak."

"How's business? I mean, how many people have you seen?"

"Between yesterday and thus far today maybe a couple dozen. But here's the most interesting part."

"What's that."

"Already today I'm seeing people who had friends or relatives who I spoke with yesterday coming here now based on what their friends learned. It's too early to generalize, but word of mouth seems quite positive."

A couple of middle-aged people had joined the line behind me so I turned to leave.

"They're not positive about me," he laughed, "but about Obamacare."

"I wonder if this will find its way to the media or will they continue to insist on covering the negative?"

"That would be a first," he said, winking and waving as I left.

April 17, 2013--Gold Bugs at the Green Owl

The gold bugs at the Owl were not happy.

Back in 2011 they were in full ascendancy tinged with a touch of arrogance. Those of us with conventional asset portfolios of stocks, bonds, cash, and real estate were subject to a barrage of their self-congratulations and experienced continuing trepidation as we had not yet fully recovered from the plunges of 2007 and 2008. And, worse, hadn’t had the smarts, or guts, to diversify into gold.

Those who had listened to Peter Schiff on the reasonable economic right or were subject to the rants of lunatics Glenn Beck and Dick Morris to the right of that, seeing the sky falling and runaway inflation inevitable—Weimar Republic style—those, in panic and paranoia, were buying as many Krugerrands as they could afford and were thinking about adding to their stock of dried beans, bottled water, and AK-15s.

Off the per-ounce high of $1,888 in August 2011, they had seen the value of their gold hoard drop 17 percent during the past few months, then quivered as it begin to fall off the cliff last Friday--when the price fell 4.0 percent--and then were at risk of becoming unhinged when it plummeted 9.35 percent on Monday, the steepest one-day decline since 1983. The next day, on Tuesday morning, you could pick up a one-ounce Australian Kangaroo Nugget for a mere $1,366 bucks. 

In the meantime, even after falling 266 points on Monday, the Dow Jones Industrial Average was still at nearly 14,600, more than fully recovered from its low of 7,552 back in November 2008. 

"I think I'll stick to decaf, Traci" Ted said, staring morosely at his empty cup, "I've had about as much excitement as I can handle." For years he has been boasting about his attaché cases bulging with gold coins. "I'm ready for anything," he reminded us back in the days when we were doing the staring into coffee mugs.

When I would challenge him about what he would actually do when Armageddon came--“You’ll fill up your Hummer with gas with one of those coins?"--he would sit there, brimming with smug confidence, nodding and smiling back at me. 

"If that happened," I persisted, "if it really hit the fan, you think they'd have gas?" He'd kept on grinning. "Much less electricity to work the pumps?" 

"Here's what you don't understand," he said, leaning close to me and putting one of his meaty hands gently on my slumping shoulder, "Those of us who are ready, prepared, if you get my full meaning, have our ways. We know who we are and we know where to go to get more of what we need." He would wink at that. "I mean everything we need." To illustrate, he made a gun out of his hand and, in case I missed his meaning, demonstrated by repeatedly pumping his trigger finger.  

And with that he would puff himself up, hoist himself up off his stool, and swagger, cowboy style, out toward Atlantic Avenue, leaving me with not much of a retort and, in truth, with continuing worries about where the country was headed and if we did in fact have enough money. Or enough bullion to buy a loaf of bread. 

But now, with his world slipping out of control, Ted muttered, “I bet you want to talk about that Paul Klingman BS.”

“You mean Paul Krugman’s column in yesterday New York Times?” He grumbled affirmatively. “I’m surprised to learn you read him. I thought you were exclusively devoted to the McKinley Goldbug Newsletter?” 

“Gotta keep up with the enemy,” he growled. 

“As a matter of fact I did see it. The one that also dealt with the Winklevoss twins, who made a pile from suing Facebook. How they are sinking their fortune into a scheme as radical as hoarding gold—bitcoins, I think it’s called, digital currency for on-line transactions. Cyber money that would take the place of tainted conventional money. Tainted because, to the likes of the Winklevii, the Fed is printing so much of it that it will at some point lose all its value.” 

“I’m not into that bitcoin business,” Ted said, “That sounds crazy even to me.” Thankfully, at times Ted does display a sense of humor.

“But of course,” I said, “you’re talking about what Krugman wrote about gold and gold bugs.” He shrugged. “I myself thought he got it right. That gold as currency doesn’t make any more sense than paper money. In fact, less. There isn’t that much of it and it’s hard to lug around. It’s all abstract. Gold itself is good for filling teeth and making wedding rings. Not much more. It has value because it’s relatively rare and hard to mine and refine. By that measure we could go on the diamond standard or hoard plutonium coins.”

“Now you’re sounding like the one who’s crazy.” I caught the faint beginning of a smile.

“I liked that quote from Paul Samuelson. How money—all kinds of money, that I suppose would include wampum and cowry shells—is a ‘social convenience.’ If people will accept it in exchange for goods and services by definition it has value. Including paper money like dollars, which are backed as legal tender through the full faith and credit of the government.” 

At that he eyed me skeptically. Preemptively, I continued, “I know what you’re about to say—you have a problem with the government keeping its promises even when it comes to backing its currency.” 

“Especially when it comes to that—to backing up the formerly-almighty dollar,” he was back to growling. 

“Look, for sure I’m not confident about what will happen in the future. Things could get better or they could get much worse. One thing I do know for certain is that all your gold and your dried beans will get you only so far. And then you’ll be just like the rest of us. Scrambling for scraps.”

At that apocalyptic vision he smiled beatifically. “But all your crying wolf and claiming the sky is falling hasn’t happened. In fact, our economy, with its problems, is stronger than it was five years ago and there is minimal inflation. And as a consequence, your gold is beginning not to look so good.” 

“Wait till tomorrow,” Ted said. “You’ll see. The sky is falling. But to see it you need to get your nose out of your New York Times once in a while.” It was my turn to smile. 

“Traci,” he called out, “let me have some of that high test. That is if the Owl’s still accepting American money.”