Obama’s Election Strategy Is To Push “Fairness”, As If This Would Solve Anything – Taxing The Rich Will Not Get Higher Growth, Nor Will It Get Better Educated Children

By Paolo von Schirach

January 26, 2012

WASHINGTON – It is quite depressing to observe Washington total political paralysis, accompanied by cheap and openly divisive populism. Admittedly, it is difficult to govern when the two parties are so deeply divided. But the president has to try. This is what he was elected to do and what he gets paid for. Whereas president Obama has decided to give up governing and focus instead on his re-election platform focused on a message of “fairness”, as repeated in his State of the Union message to Congress. Yes, in case you have not heard, Warren Buffett’s secretary is taxed at a higher rate than her billionaire boss. And there she was, the secretary, Ms. Debbie Bosanek, in the gallery invited by the president. Charming.  Read the rest of Obama’s Election Strategy Is To Push “Fairness”, As If This Would Solve Anything – Taxing The Rich Will Not Get Higher Growth, Nor Will It Get Better Educated Children »

Gingrich Calls Spanish “Ghetto Language”, Bad Choice of Words – But He Meant To Say That Immigrants Who Do Not Speak English De Facto Live In a Ghetto of Reduced Opportunity – Learning English Would Help – Is Saying This Offensive?

By Paolo von Schirach

January 25, 2012

WASHINGTON – Whatever his presidential credentials, let’s agree that former House Speaker Newt Gingrich is not especially diplomatic in his public statements. Sometimes he is deliberately bombastic, just for effect. And so he attacks Romney for being an investor and thus a “bad” capitalist, as opposed to the “good” capitalists who really work hard for the welfare of their employees. So Romney is just a vulture. Now, really? Gingrich likes strong words and punch lines. He loves to stir up a crowd. He wants to deliver the applause line.

But in other cases, things he says “sound” offensive, even when they are not meant to be so.  Case in point, now the Hispanic media is trying to get him because he said that “Spanish is a Ghetto language“. “What do you mean, Ghetto language, about a language that is spoken by hundreds of millions of people?” –retorted an appropriately resented Jorge Ramos, Univision anchorman, in a recent interview. (Probable comments among Gingrich supporters: “My Gosh, did Newt really say that? ”Spanish is a Ghetto language”? Did he really manage in one bold stroke to offend the entire 30 million strong Latino population in the US? Have we lost all those votes”? Yes, there is this little matter of the GOP primaries and then an election coming up.) Read the rest of Gingrich Calls Spanish “Ghetto Language”, Bad Choice of Words – But He Meant To Say That Immigrants Who Do Not Speak English De Facto Live In a Ghetto of Reduced Opportunity – Learning English Would Help – Is Saying This Offensive? »

Does America Have “Too Much” Natural Gas? Use Additional Supply To Power Thousands Of Heavy Trucks – Reduced Fuel Prices Would Benefit Entire Economy, Reduce Oil Imports

By Paolo von Schirach

January 24, 2012

WASHINGTON – When it come to US energy prices, could there ever be such a thing as “too low”? Well, apparently yes. In the wake of the enthusiastic natural gas drilling that followed the hydraulic fracturing (“fracking”) revolution that allowed extraction from vast shale formations in the last few years, there is now a huge gas glut in America. This is a real problem for the large US energy companies, such as Chesapeake Energy, to the extent that gas prices have fallen below development costs. And prices have fallen dramatically. In 2008 US natural gas was priced at $ 14 per million BTU. Now it is down to $ 2.5 per million BTU.  Read the rest of Does America Have “Too Much” Natural Gas? Use Additional Supply To Power Thousands Of Heavy Trucks – Reduced Fuel Prices Would Benefit Entire Economy, Reduce Oil Imports »

America Needs More Innovation – Fort Collins In Colorado Shows How It Can Be Done – A Good University, An Innovation Hub and a Proactive Local Government Created The Foundations – Multinationals Take Notice

By Paolo von Schirach

January 23, 2012

WASHINGTON – Whatever will be said and promised in this difficult and already acrimonious 2012 political campaign, America’s long term future and prosperity rests on its ability to continue producing technological innovation. But on this critical variable the signs are not as good as we would like. Aside from US undisputed IT leadership –R&D and design only, mind you, as  manufacturing is all contracted to China– there are few areas of obvious American world technological leadership. When all is said and done, there is only one Silicon Valley. And yet, leaving aside the globally recognized icon, there are very hopeful signs elsewhere. They should be noted, and policy makers nationwide should do their best to put in place the right policies that would encourage more of these to come to life. (Anything that makes it easier to translate research into commercial applications would help). Read the rest of America Needs More Innovation – Fort Collins In Colorado Shows How It Can Be Done – A Good University, An Innovation Hub and a Proactive Local Government Created The Foundations – Multinationals Take Notice »

Afghanistan Strategy Not Working – Counter Insurgency Effort Too Vast, Under Resourced – Refocus On Counter Terror, Reduce US Forces

By Paolo von Schirach

January 22, 2012

WASHINGTON – What Imran Khan, former cricket star and now Pakistani would-be national politician and Jon Huntsman have in common is that they have not done well in their respective quests for political influence. Khan founded a new Pakistani party with no followers, Huntsman could not get any attention in the Republican primaries. Read the rest of Afghanistan Strategy Not Working – Counter Insurgency Effort Too Vast, Under Resourced – Refocus On Counter Terror, Reduce US Forces »

Sudden Swing For Gingrich In South Carolina Shows How Voters Without Deep Convictions Change Their Minds In Just Days – Opinion Changed On The Basis Of TV Debates Performances – It Is All About Clever Delivery And No Substance – Primaries As TV Wrestling?

By Paolo von Schirach

January 21, 2012

WASHINGTON – What is surprising about the decisive victory by former House Speaker Newt Gingrich in the South Carolina Republican primary is the speed with which public sentiment about him among Republican voters  changed so dramatically and so quickly. How can it be that all opinion polls projected a comfortable Mitt Romney victory and then, just days later, Gingrich wins by a huge margin, (40% for Gingrich, only 28% for Romney)? This sudden change of sentiment can be explained only if we agree that sentiment for either leading candidate was and is not deep. unfortunately, this kind of volatility suggests voters’ superficiality and moodiness, as opposed to deep conviction based on solid reasons.  Read the rest of Sudden Swing For Gingrich In South Carolina Shows How Voters Without Deep Convictions Change Their Minds In Just Days – Opinion Changed On The Basis Of TV Debates Performances – It Is All About Clever Delivery And No Substance – Primaries As TV Wrestling? »

China’s Long Journey Will Lead To Democratic Capitalism? This Is The Wish Expressed By Qin Xiao, Former Chinese Banker and Now Chairman Of The Boyuan Foundation

By Paolo von Schirach

January 20, 2012

WASHINGTON – Interesting to find a sophisticated Chinese business leader and intellectual discussing the future of capitalism –in China. Qin Xiao, former Chairman of China’s Merchant Bank an currently Chairman of the Hong Kong based Boyuan Foundation, intervened in the ongoing public forum focused on “Capitalism in Crisis” hosted in the Comment pages of The Financial Times. However, while most of the featured articles deal with the problems plaguing advanced capitalistic economies, Qin Xiao’s intriguing piece, (The long march ahead to a truly capitalist China, January 19, 2012), is about China’s unfinished (according to Qin Xiao) transition from a state run model to a market based economy. Read the rest of China’s Long Journey Will Lead To Democratic Capitalism? This Is The Wish Expressed By Qin Xiao, Former Chinese Banker and Now Chairman Of The Boyuan Foundation »

With More Canadian Oil, US Will Become Energy Secure By 2030, Says BP – Obama Not Helping: He Killed Canada To Texas Keystone Pipeline

By Paolo von Schirach

January 19, 2012

WASHINGTON – While nobody is seriously talking about energy in this unfolding political season, do take notice that old fashioned, and much maligned “dirty” oil, plus cleaner and abundant natural gas, may very well be the ticket to US economic salvation –and a lot more. Yes, the US is now the number one world natural gas producer, while it is finding more and more oil. These unconventional, mostly shale deposits, coupled with increased supplies from Canada, will give America total energy independence from more remote sources, such as the Persian Gulf or Africa. Experts may differ on how long this will take, but few object that it will happen. BP just released its Energy Outlook to 2030 in which it makes the prediction that US independence will take place within 20 years. Others say only 10. Read the rest of With More Canadian Oil, US Will Become Energy Secure By 2030, Says BP – Obama Not Helping: He Killed Canada To Texas Keystone Pipeline »

Overweight TV Chef Paula Deen Has Diabetes – And So Do Millions Of Obese Americans Who Learnt How To Cook Her High Fat, High Sugar Meals – Food TV Programs Are Enablers Of The US Obesity Epidemic

By Paolo von Schirach

January 18, 2012

WASHINGTON – Paula Deen, well known overweight TV chef who developed a vast following and her own line of products by extolling the great qualities of rich Southern food, has type two diabetes. So what, why should we care? We should we care because her diabetes is clearly a consequence of the truly unhealthy fat and sugary food that she has popularized through her shows and her publications. Paula Deen, along with many other TV chefs, is a major enabler of American obesity and all the dangerous and costly illnesses that come with it. Through popular TV cooking channels they have glamorized unhealthy food and convinced people that it is perfectly alright to eat it. In fact, doing so is an indication of refinement and sophistication. Read the rest of Overweight TV Chef Paula Deen Has Diabetes – And So Do Millions Of Obese Americans Who Learnt How To Cook Her High Fat, High Sugar Meals – Food TV Programs Are Enablers Of The US Obesity Epidemic »

Rick Perry Says That Turkey Is Run By “Islamic Terrorists” – He Also Added That Its Standing In NATO Should Be Reviewed – How Irresponsibly Ignorant Can a Presidential Candidate Be? Apparently There Is No Limit

By Paolo von Schirach

January 17, 2012

WASHINGTON – The only mildly reassuring thing about Texas Governor Rick Perry running for the Republican Party nomination is that his chances are  slim. How this misinformed man managed to become the Governor of a large state is a mystery. His latest really, really stupid statement is about Turkey’s Justice and Development Party that according to Perry established a Turkish Government that may perceived as run by “Islamic terrorists”.  Was this some kind of slip, an unfortunate misstatement? Did Perry mean to say something else? Read the rest of Rick Perry Says That Turkey Is Run By “Islamic Terrorists” – He Also Added That Its Standing In NATO Should Be Reviewed – How Irresponsibly Ignorant Can a Presidential Candidate Be? Apparently There Is No Limit »