December 31, 2009

It's a Wonderful Life and You

The Huffington Post brings us a wonderful montage of film and news about banking. Simplistic, but thought provoking. And of course, it makes us question those bank bonuses again!

December 13, 2009

Sarah Palin's Magic

by Diane Wilson

Sarah Palin isn't going away.

Never far from the public spotlight, Palin was in the news this past week over Copenhagan and climate change. The Huffington News reports on an exchange between talk radio's Laura Ingraham and Palin, in which Palin says she is not sure whether she wishes to debate Al Gore on the issue of climate change. Nothing to do with competence. According to Palin, "it depends on what the venue would be, what the forum....if it would be some kind of conventional, traditional debate with his friends setting it up or being the commentators I'll get clobbered because, you know, they don't want to listen to the facts."

Okay, that's clear -- she's right, he's wrong. Very reassuring to know that Sarah Palin alone has the correct information and that the rest of the world is making an issue out of climate change when it is not.

Ingraham kept asking Palin about debating Al Gore, perhaps in a proper debate format. Palin's response: "I don't know, I don't know. Oh, he wouldn't want to lower himself, I think, to, you know, my level to debate little old Sarah Palin from Wasilla."

To my mind, this interview is quintessential Palin -- never mind, she doesn't know what she is talking about, just knock the other guy out. Ever the point guard, Palin still runs offense to deliver the message. And, it's always about her and how right she is and how victimized she is. This is personality politics at its best.

My politics and Palin's have nothing in common, and yet I enjoy her, which really disturbs me. Why? Sarah Palin is moderately bright. Not well educated. Good looking. Conservative. Every bone in my body thinks she is incapable of holding any reasonable office in the United States.

However, Palin is not going anywhere soon, because she is open, bright eyed, engaging and fun. Palin is very friendly. And while she talks about and does weird stuff (moose chili, snow machines, the infamous turkey slaughter), she is enthusiastic. Palin takes us to a place we would like to be, where few problems exist, and perhaps she even believes her simplistic narrative. I also think she's got a bit of Teflon in her because she rebounds nicely from skirmishes, unfazed.

Sarah Palin makes the Republican Right Wing more reasonable in a crazy way, and certainly more palatable, which is very spooky. This is clearly the secret to Sarah Palin's success, and the reason she has a good crack at being the Republican Presidential Nominee in 2012. And that means people -- all people -- better start paying attention to Palin, like her or not.

December 9, 2009

Trouble at the Bank

Dear Mumsie,

Rather unfortunate news today. Apparently, the Chancellor of the Exchequer has seen seen fit to rob Muffin and Todd of their very special Christmas this year ( according to The Telegraph). Last year had been such a tough slog, had it not, and now that the bank was just getting back on track, I was expecting a rather sizeable down payment on life, shall we say. The lake season had finished and I had such a fine holiday planned!

There is a little wrinkle in my plans, due to Mr. Darling's insistence on taxing my bonus before it leaves the bank. This will affect all bonses of more than £25,000 and it will be applied to all banks operating in the UK, including foreign banks. And, as you well know, I was to get considerably more than that 25,000!

I calm myself with the knowledge that I am far from alone. In fact, this new one time tax will affect about 20,000 people, poor sods. All this in a shabby effort to play to the voters who insist bankers are paid too much. (The public has never been quite right since the British government provided more than £1 trillion pounds to prop up the banks during last year's credit crisis, has it?)

Well, the chit chat around the water cooler was really fine today. One American fellow, who thought he had died and gone to heaven when he was hired in London two years ago, was on the telephone today making arrangements for a transfer to Wisconsin.

As for me, I know I must be chin up and know that bonuses can be deferred and so forth, but still I dread the moment when I must confront our toddlers and try to explain that they will not be going on the private jet to the private villa this year. Perhaps worst of all, they will not have the opportunity to see all of their friends! And that is why Mr. Darling has me so ticked off. It is simply unfair to little children!

Your loving son,

Roger