Friday, November 18, 2005
Child Labor
In Hayden Kantor’s heart wrenching “The Face of Child Labor” published in the Dallas Morning News on Nov 18, he tells of children being paid as little as $1.25 for a 12 hour day. In the day of globalization where we help raise the standard of living in India, and ours as well, by purchasing their goods and services, I believe we have a moral obligation to demand that India do something about this atrocity. I would hate to think that one of my dollars encouraged anyone to exploit children for profit. I don’t believe the answer is discontinuance of international trade since both countries gain through the efficiencies of comparative advantage, but I do believe we should do more to hold leader accountable for this horrific practice and demand a solution.
Friday, April 01, 2005
Death
Hooligan's View
The Terry Schaivo death has created quite a national debate over how the terminally ill die. I will not comment on it because I do not want to contribute to the glut of rhetoric. It does, however, make me think about the way we die today. I think I have figured out that in the absence of a living will the physician, Hospice, and the family generally attempt to make the terminal patient as comfortable as possible, obviously in accordance with the patient’s desires if conscious, and in doing so reasonably keep them from pain even if it may hasten the ultimate end. Is this the right thing to do? I think so because the sentient have the obligation to treat the unconscious patient as they would want to be treated if they could let us know or, in the absence of knowing, doing what is best for the dignity of the terminally ill. Dignity of the dieing is paramount not the conscience of the caretaker who must exhaust all means to extend life due to moral convictions. Our moral obligation is to give dignity to life by administering to the terminally ill in a way they would want and, in the absence of knowing, the way we would want to be treated. To specify how the end would come in a situation like Terry’s, thereby relieving the family of the terrible burden of deciding, one must execute a living will. I’m going to do that this week end.
The Terry Schaivo death has created quite a national debate over how the terminally ill die. I will not comment on it because I do not want to contribute to the glut of rhetoric. It does, however, make me think about the way we die today. I think I have figured out that in the absence of a living will the physician, Hospice, and the family generally attempt to make the terminal patient as comfortable as possible, obviously in accordance with the patient’s desires if conscious, and in doing so reasonably keep them from pain even if it may hasten the ultimate end. Is this the right thing to do? I think so because the sentient have the obligation to treat the unconscious patient as they would want to be treated if they could let us know or, in the absence of knowing, doing what is best for the dignity of the terminally ill. Dignity of the dieing is paramount not the conscience of the caretaker who must exhaust all means to extend life due to moral convictions. Our moral obligation is to give dignity to life by administering to the terminally ill in a way they would want and, in the absence of knowing, the way we would want to be treated. To specify how the end would come in a situation like Terry’s, thereby relieving the family of the terrible burden of deciding, one must execute a living will. I’m going to do that this week end.
Friday, March 25, 2005
Grouch
Hooligan's View
Everything annoys me today. I know no one probably wants to hear this, so if you’re reading you can stop here if you want. Let me start with the constant aggravation I receive from the speaker phones in the offices near my cube. I have asked these guys several times, via email or just by me closing their doors, to keep their offices closed during these calls. I never use the speaker phone. I have a headset so I don’t bother my neighbors, what is so hard for these guys to comprehend that noise coming from speakers disturbs those of us who have no protection. You see they can close their doors to keep noise out of their offices, so they do not realize how their noise affects others. OK and then there is the continual bickering from people I work with about details and other items that have little bearing on issues. Don’t sweat the small stuff . I believe they just like to hear themselves talk. A subset of these people is management who has to micromanage everything in sight. If it is not their way, it is wrong. And then there is the traffic when I drive to work. Why don’t these people move? When the light changes, step on the gas and when the car in front of you moves you move. Don’t wait 5 seconds to think about it. Move! I’m glad I got that off my chest. I feel better; how about you?
Everything annoys me today. I know no one probably wants to hear this, so if you’re reading you can stop here if you want. Let me start with the constant aggravation I receive from the speaker phones in the offices near my cube. I have asked these guys several times, via email or just by me closing their doors, to keep their offices closed during these calls. I never use the speaker phone. I have a headset so I don’t bother my neighbors, what is so hard for these guys to comprehend that noise coming from speakers disturbs those of us who have no protection. You see they can close their doors to keep noise out of their offices, so they do not realize how their noise affects others. OK and then there is the continual bickering from people I work with about details and other items that have little bearing on issues. Don’t sweat the small stuff . I believe they just like to hear themselves talk. A subset of these people is management who has to micromanage everything in sight. If it is not their way, it is wrong. And then there is the traffic when I drive to work. Why don’t these people move? When the light changes, step on the gas and when the car in front of you moves you move. Don’t wait 5 seconds to think about it. Move! I’m glad I got that off my chest. I feel better; how about you?
Tuesday, March 22, 2005
Economics Class
Hooligan's View
On April 18, I teach a microeconomics class. I have been teaching micro and macro for about two years now at Richland College in Richardson TX, just a convenient couple of miles from my office. I do so because I enjoy the subject and I enjoy the interaction with the students.
Economics permeates everyday life. For example, take benefit and cost analysis. I know I may be strange, or rather sick, but everything I do, whether subconsciously or otherwise, I assess benefit gained against costs lost. Time spent on working in the garden gives me tasty vegetables in the summer but consumes time I would otherwise spend with my wife. I can recover this lost time with her in the evening over a nice dinner using some of the greens I produce with my bare hands. Money used to purchase a flight to visit my parents gives me time to enjoy their company, since I live a distant 1800 miles from them, but is money I can not spend on retirement savings where I believe I’m in good standing and will probably have to work for life anyway. Resources like time and money, everyday items, are limited and must be used to maximize benefit lest they are wasted.
Productivity is a common theme. Production efficiency is an worthy target because if we hit it, we are prized with a good lifestyle. We get the “goods” for the least possible costs and leftovers we can use for producing other “goods”. Productivity gains mean we can have more with the same money giving us a higher standard of living than otherwise. This need for ever increasing productivity pushed to the limit will give us Eden, no work and all pleasure. Sounds like a great goal doesn’t it?
I start each class with the same question. “What economics occurred in your life today?” Since my students are primarily working young adults, I get answers like, “We had a layoff today” or “My Company was just bought out by a larger firm”. Oh, they also like to give the class daily reports on the price of gas. Later when they run out of personal examples they bring the newspaper to present the details of an interesting article on something like the price of steel or trials and woes of Martha Stewart. At the end of each course, many of the students comment that this question and answer session does bring economics, the subject, into focus as every day living. It is all around us.
Of course, there is more to life than economics, but by teaching this class I have a chance to share a little of what I have learned in the last 60 years with the my students and at the same time, and I know it sound trite, I learn a great deal just trying to stay current. I would not want my students to think economics was boring, now would I?
On April 18, I teach a microeconomics class. I have been teaching micro and macro for about two years now at Richland College in Richardson TX, just a convenient couple of miles from my office. I do so because I enjoy the subject and I enjoy the interaction with the students.
Economics permeates everyday life. For example, take benefit and cost analysis. I know I may be strange, or rather sick, but everything I do, whether subconsciously or otherwise, I assess benefit gained against costs lost. Time spent on working in the garden gives me tasty vegetables in the summer but consumes time I would otherwise spend with my wife. I can recover this lost time with her in the evening over a nice dinner using some of the greens I produce with my bare hands. Money used to purchase a flight to visit my parents gives me time to enjoy their company, since I live a distant 1800 miles from them, but is money I can not spend on retirement savings where I believe I’m in good standing and will probably have to work for life anyway. Resources like time and money, everyday items, are limited and must be used to maximize benefit lest they are wasted.
Productivity is a common theme. Production efficiency is an worthy target because if we hit it, we are prized with a good lifestyle. We get the “goods” for the least possible costs and leftovers we can use for producing other “goods”. Productivity gains mean we can have more with the same money giving us a higher standard of living than otherwise. This need for ever increasing productivity pushed to the limit will give us Eden, no work and all pleasure. Sounds like a great goal doesn’t it?
I start each class with the same question. “What economics occurred in your life today?” Since my students are primarily working young adults, I get answers like, “We had a layoff today” or “My Company was just bought out by a larger firm”. Oh, they also like to give the class daily reports on the price of gas. Later when they run out of personal examples they bring the newspaper to present the details of an interesting article on something like the price of steel or trials and woes of Martha Stewart. At the end of each course, many of the students comment that this question and answer session does bring economics, the subject, into focus as every day living. It is all around us.
Of course, there is more to life than economics, but by teaching this class I have a chance to share a little of what I have learned in the last 60 years with the my students and at the same time, and I know it sound trite, I learn a great deal just trying to stay current. I would not want my students to think economics was boring, now would I?
Wednesday, March 02, 2005
Freescale Marathon
Hooligan's View
A week ago I went to Austin to run my second marathon, the Freescale. Marie, my wife, and I stayed with our great friends Terry and Ann Cook. We flew down on Saturday early and returned on Sunday late. We had a great time, even though my race was a little disappointing.
On Saturday Marie and I went to Love Field to fly Southwest Air to Austin. This was the first time we had ever flow. It is very close so a drive is not too bad. I just did not want to dive back after the race. Terry picked us up and we headed for their new house in Bastrop, a small town about 20 miles from Austin. The house is beautiful and, my goodness, large. The Cooks took us through the house. The toip floor is a very large room which gives them about 3800 sq feet of living space. After we rested a couple of hours we all went to Buca de Pepi, an Italian restaurant, where my entire running group agreed to meet for a pre-race spaghetti dinner. I introduced Terry and Ann to all my running mates, and we had a grand time.
Race day came quickly after I had a fairly good night’s sleep. Terry dropped me off in the dark near the start. After I worked my way to the starting line in the drizzle, I found, amidst the 7000 runners, a couple of guys I knew before the race began. I hooked up with George, my coach, who was planning to run a 9 minute mile pace. I ran a pace of 9:30 in Chicago, in November, three months earlier, so I was worried about keeping up. After I started, I got the bright idea that maybe I could do it the whole way, and I kept it up with George for 20 miles, feeling good most of the way. After I saw Terry, who was waiting for me at the 20 mile point, I “hit the wall”. My legs would not move so I was reduced to walking portions of the remaining 6.2 miles. I finished the race averaging 10 minutes a mile. Many of my running mates, including George, experience this same problem that they quickly attributed to overly warm weather and dehydration. At end of the race I stopped to talk to Elaine, one of my training partners, and as I spoke to her my vision began to disappear into a white blur. I said a quick goodbye and left abruptly to walk some, hoping to have my legs pump some blood to my brain. It worked. When I met Terry and Cara, his daughter, he offered me a Gatorade that I immediately chugged. It helped my stamina tremendously.
We went back to the house where I showered, ate lunch, and had a short nap. After a great dinner, Terry dropped Marie and me off at the Airport and we arrived home not too late that night. It took me at least three days to recover from that race, but I really enjoyed spending time with the Cooks. I enjoyed most of the race too, especially the first 20.
A week ago I went to Austin to run my second marathon, the Freescale. Marie, my wife, and I stayed with our great friends Terry and Ann Cook. We flew down on Saturday early and returned on Sunday late. We had a great time, even though my race was a little disappointing.
On Saturday Marie and I went to Love Field to fly Southwest Air to Austin. This was the first time we had ever flow. It is very close so a drive is not too bad. I just did not want to dive back after the race. Terry picked us up and we headed for their new house in Bastrop, a small town about 20 miles from Austin. The house is beautiful and, my goodness, large. The Cooks took us through the house. The toip floor is a very large room which gives them about 3800 sq feet of living space. After we rested a couple of hours we all went to Buca de Pepi, an Italian restaurant, where my entire running group agreed to meet for a pre-race spaghetti dinner. I introduced Terry and Ann to all my running mates, and we had a grand time.
Race day came quickly after I had a fairly good night’s sleep. Terry dropped me off in the dark near the start. After I worked my way to the starting line in the drizzle, I found, amidst the 7000 runners, a couple of guys I knew before the race began. I hooked up with George, my coach, who was planning to run a 9 minute mile pace. I ran a pace of 9:30 in Chicago, in November, three months earlier, so I was worried about keeping up. After I started, I got the bright idea that maybe I could do it the whole way, and I kept it up with George for 20 miles, feeling good most of the way. After I saw Terry, who was waiting for me at the 20 mile point, I “hit the wall”. My legs would not move so I was reduced to walking portions of the remaining 6.2 miles. I finished the race averaging 10 minutes a mile. Many of my running mates, including George, experience this same problem that they quickly attributed to overly warm weather and dehydration. At end of the race I stopped to talk to Elaine, one of my training partners, and as I spoke to her my vision began to disappear into a white blur. I said a quick goodbye and left abruptly to walk some, hoping to have my legs pump some blood to my brain. It worked. When I met Terry and Cara, his daughter, he offered me a Gatorade that I immediately chugged. It helped my stamina tremendously.
We went back to the house where I showered, ate lunch, and had a short nap. After a great dinner, Terry dropped Marie and me off at the Airport and we arrived home not too late that night. It took me at least three days to recover from that race, but I really enjoyed spending time with the Cooks. I enjoyed most of the race too, especially the first 20.
Monday, February 21, 2005
Mardi Gras - 2005
This was the third. The first was in 1997, second in 1998 and this one. By the way, I was robbed at gunpoint in 1998. Nonetheless, I enjoy Mardi Gras because of the seriousness which the revelers party. You’re expected to party whether you like it or not. My cousin John and I went to New Orleans after a quick decision to drive down on a Friday and come back on Sunday. That would give us Friday night, Saturday and a Saturday night to get our fill of excitement prior to returning on Sunday.
We dove for 8 hours, and arrived downtown at about 4PM amidst the crowd. We called and met Libby, John’s sister, at here office building, one of the largest in New Orleans. She brought us to meet her boss, a native and longtime parade supporter (Krewe member). They have about 8 or 9 parades a day for a week and the parades are just another reason to party. Anyway, her boss pointed from the 26th floor areas to avoid and areas to seek out. We then headed off to the French Quarter where the crowd at 5PM was light but it did not take long for the pace to quicken. We stayed there till about 1AM and from there drove to Libby’s for a late night snack prior to hitting the mattress.
The next day we had more fun with a parade and more Bourbon Street. I started with a run around the local community college while Libby took Juan, her 11 year old son, to a soccer game. When they arrived at the house - Juan lost but had a good time and scored a goal - we started with a little wine and snack for lunch. John and I went to a local market and picked up a barbeque chicken and sausage. Once of the nine parades, Endymion, that day starts a block from here house. For the first time ever I got caught up in the fever and jumped for beads like all the locals. I probably had a little help from the wine I had been drinking most of the day. Later we went back to the French quarter and pushed through the crowds. John had the good sense to drag me back by midnight.
The next day we headed back to Dallas careful not to ruin a nice visit by having an accident. I don’t know if I will do Mardi Gras again, but I enjoyed the trip and the party atmosphere. John and I talked about making the Jazz Festival held every year in April. We will see.
We dove for 8 hours, and arrived downtown at about 4PM amidst the crowd. We called and met Libby, John’s sister, at here office building, one of the largest in New Orleans. She brought us to meet her boss, a native and longtime parade supporter (Krewe member). They have about 8 or 9 parades a day for a week and the parades are just another reason to party. Anyway, her boss pointed from the 26th floor areas to avoid and areas to seek out. We then headed off to the French Quarter where the crowd at 5PM was light but it did not take long for the pace to quicken. We stayed there till about 1AM and from there drove to Libby’s for a late night snack prior to hitting the mattress.
The next day we had more fun with a parade and more Bourbon Street. I started with a run around the local community college while Libby took Juan, her 11 year old son, to a soccer game. When they arrived at the house - Juan lost but had a good time and scored a goal - we started with a little wine and snack for lunch. John and I went to a local market and picked up a barbeque chicken and sausage. Once of the nine parades, Endymion, that day starts a block from here house. For the first time ever I got caught up in the fever and jumped for beads like all the locals. I probably had a little help from the wine I had been drinking most of the day. Later we went back to the French quarter and pushed through the crowds. John had the good sense to drag me back by midnight.
The next day we headed back to Dallas careful not to ruin a nice visit by having an accident. I don’t know if I will do Mardi Gras again, but I enjoyed the trip and the party atmosphere. John and I talked about making the Jazz Festival held every year in April. We will see.
Tuesday, January 25, 2005
Retire?
Hooligan's View
Many guys (my brother, brother in law, and friends) my age are retiring. Should I do the same? I’m 58 now; I may have 10 or 20 years left if I’m lucky. Why not enjoy leisure time, more time with my grandchildren and wife, or simply time to do the “things I want to do”. Don’t I deserve it?
The trouble is that I don’t think I can deal with leisure. You see I get bored when I have three days off from work. I’m trying to develop some interests, hobbies, or even other duties that will fill what otherwise might be empty space. I have gardening in the summer, running to keep me fit, reading when I find something that strikes me, and passing time with my family. I am, however, a long way from doing this full time. I am just starting to cultivate these activities and am not really very good at them just yet.
A big fear is that I will let my mind atrophy. I remember my wonderful uncle Kenny. When he was a young man he worked at the Goodyear tire factory during the day, and after work he tended to his farm in the fields and barns, all the while raising a large family. After he retired, I visited him in Florida at his retirement home, and when he and I took a walk he became excited about finding a loose bolt on the ground. That walk worried me for weeks. Never do I want to become interested in loose bolts on the ground. I want to contemplate grander issues of humanity.
While I’m developing a life that will survive my employment and seeking a path to enhance human existence, I think I had better stay employed. I’m sure all those people who know me deserve it.
Many guys (my brother, brother in law, and friends) my age are retiring. Should I do the same? I’m 58 now; I may have 10 or 20 years left if I’m lucky. Why not enjoy leisure time, more time with my grandchildren and wife, or simply time to do the “things I want to do”. Don’t I deserve it?
The trouble is that I don’t think I can deal with leisure. You see I get bored when I have three days off from work. I’m trying to develop some interests, hobbies, or even other duties that will fill what otherwise might be empty space. I have gardening in the summer, running to keep me fit, reading when I find something that strikes me, and passing time with my family. I am, however, a long way from doing this full time. I am just starting to cultivate these activities and am not really very good at them just yet.
A big fear is that I will let my mind atrophy. I remember my wonderful uncle Kenny. When he was a young man he worked at the Goodyear tire factory during the day, and after work he tended to his farm in the fields and barns, all the while raising a large family. After he retired, I visited him in Florida at his retirement home, and when he and I took a walk he became excited about finding a loose bolt on the ground. That walk worried me for weeks. Never do I want to become interested in loose bolts on the ground. I want to contemplate grander issues of humanity.
While I’m developing a life that will survive my employment and seeking a path to enhance human existence, I think I had better stay employed. I’m sure all those people who know me deserve it.
Monday, January 24, 2005
Why Would Anyone Run a Marathon?
This weekend I meet with my running group to run a whopping 3 hour and 40 minutes. You see I’m training for my second marathon in Austin on Feb 13. The question I get is “Why in the world would you want to run 26.2 miles?” Well I’m in pretty good shape since I just ran my first a couple of months ago, and I don’t want to lose anything. A fit body can wilt overnight; all good runners know that. Running can be routine and boring, so the regimen of training for the marathon puts a little structure and purpose into the process. It also forces me to eat with a little more caution, since I have to mindfully watch what I eat a day or two in advance of the long runs lest I diminish my energy output. In addition, my first marathon, in Chicago, was fantastic, and I want a repeat. It was a beautiful day, the fans were 3 and 4 deep cheering us on the whole way, and hospitality was unparalleled in my experience anyway. So there you go; I do it because I’m neurotic.
Friday, January 21, 2005
Power and the US Diplomacy
Power and the US Diplomacy was the subject of Henry Nau, speaker at the World Affair luncheon here in Dallas today, Jan 18th. He characterized the prevailing views on foreign policy - he is a college professor – as nationalistic, institutional, or idealistic*.
The nationalist is one who sees events in terms of power and tends to argues that we do what is in our national interest. If we are attacked, we defend ourselves since no one else will do so. The nationalist proposes that we extend power to keep others from using power against us. They believe in a strong military for defensive purposes only. There is no nation building; it is much too altruistic and expensive to boot. Power balancing is a good thing since it keeps everyone in their proper place.
The institutional believer thinks in terms of all inclusive decision making and consensus building. International groups working together will come to the best solution for everyone. They believe in the UN, NATO, WTO and other multinational bodies. If we work together in organizations that represent purposes bigger than ourselves, we will not only build a better world that includes all countries and peoples but will also build goodwill for us at the same time.
The idealist’s beliefs are based on values. Our values are better than their values so we should do all we can to make ours prevail in the world. We believe in an open society with as much freedom as possible, and we should encourage more. It would be a good thing. This group can tolerate other values to an extent, but when there is conflict we must do what is necessary to impose ours and not the other way around.
He talked about some of the current events in these terms. For example, the 9/11 attack evoked the nationalist instinct to defend ourselves. The nationalistic response was to invade Afghanistan, the perceived source of the act of aggression. While we want a democratic society there, we are willing to let it take on its own characteristics. The president runs the nation in the midst of warlord countryside. He also point out that President Bush has an idealistic bent when it comes to Iraq, but thinks the President has a back up plan to give the Iraqis a chance to run and defend themselves and to pull out gracefully as they begin to take over the task of security and governance.
He took some question at the end of which I can’t remember. His answers, however, reinforced his message that all believers do so in terms of the three prisms he describes. He revealed himself as a mixed nationalist and idealist and thinks President Bush is the same. In all, he was an excellent speaker, and I understand his definitions of the three categories, but what does it tell us or lead us to conclude? Here is where all falls short, so I’ll stop.
* The Jan 18th 2005 editorial in the Economist “More Sticks and the Odd Carrot”, also refers to the Washington factions in very similar terms, at one point asking “…can the realists, neo-conservatives and multilateralists all be made happier in a second Bush term”?
The nationalist is one who sees events in terms of power and tends to argues that we do what is in our national interest. If we are attacked, we defend ourselves since no one else will do so. The nationalist proposes that we extend power to keep others from using power against us. They believe in a strong military for defensive purposes only. There is no nation building; it is much too altruistic and expensive to boot. Power balancing is a good thing since it keeps everyone in their proper place.
The institutional believer thinks in terms of all inclusive decision making and consensus building. International groups working together will come to the best solution for everyone. They believe in the UN, NATO, WTO and other multinational bodies. If we work together in organizations that represent purposes bigger than ourselves, we will not only build a better world that includes all countries and peoples but will also build goodwill for us at the same time.
The idealist’s beliefs are based on values. Our values are better than their values so we should do all we can to make ours prevail in the world. We believe in an open society with as much freedom as possible, and we should encourage more. It would be a good thing. This group can tolerate other values to an extent, but when there is conflict we must do what is necessary to impose ours and not the other way around.
He talked about some of the current events in these terms. For example, the 9/11 attack evoked the nationalist instinct to defend ourselves. The nationalistic response was to invade Afghanistan, the perceived source of the act of aggression. While we want a democratic society there, we are willing to let it take on its own characteristics. The president runs the nation in the midst of warlord countryside. He also point out that President Bush has an idealistic bent when it comes to Iraq, but thinks the President has a back up plan to give the Iraqis a chance to run and defend themselves and to pull out gracefully as they begin to take over the task of security and governance.
He took some question at the end of which I can’t remember. His answers, however, reinforced his message that all believers do so in terms of the three prisms he describes. He revealed himself as a mixed nationalist and idealist and thinks President Bush is the same. In all, he was an excellent speaker, and I understand his definitions of the three categories, but what does it tell us or lead us to conclude? Here is where all falls short, so I’ll stop.
* The Jan 18th 2005 editorial in the Economist “More Sticks and the Odd Carrot”, also refers to the Washington factions in very similar terms, at one point asking “…can the realists, neo-conservatives and multilateralists all be made happier in a second Bush term”?
George Bush’s Inauguration
Today, Jan 20th, 2005 George W. Bush was sworn in for a second term as President of the United States. I voted twice for the guy, but to tell you the truth, I’m not sure about him. I not sure about this Iraq war, his plans to free the world, and his fix for Social Security. First let’s talk about the war. He was in an awful hurry to invade Iraq, and now that we are there the terrorists are picking off our troops one by one (many times more than that) in addition to killing many Iraqis. We were warned that we were terrible at nation building and the proof occurs every day as we watch the disgruntled Sunnis spreading violence across the country and trying to create a civil war before our eyes. My guess is we need triple the troops we now have to get this mess under control. Secondly, just how does he plan to spread freedom throughout the world? Even if we overlook the self righteous tone of the message, just what does that mean and to whom does it apply. Are we going to boycott those that he judges to be not so free? Does he mean military intervention; I don’t think so. Is he going to do it with just dialogue or talk? It sounds lofty, but if he uses anything but talk, we are in for more international tension at the least or more war at the worst. Maybe he should put his efforts on domestic problems like Social Security, my third concern. We have a real problem now that will put the program in the red in 2018. Does George Bush have a program to head that off? No. He wants to solve the problem by getting our kids to put their security in a private system, which may help much later than the crisis year, but will carry a large transition cost and not do anything for the system when it is seriously needed, near term. He and we are asking our children to carry a very large burden to support the baby boomers. George Bush was elected with a majority control of congress, but, in my opinion, I’m not sure he will lead us to a better era given what I’m hearing now. Only after the next year or two, will we know for sure.
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