Now is the autumn of our discontent … at least for us Los Angeles baseball fans. Last night the Dodgers were polished off by the ruthless Phillies, their forever-teetering staff of pitchers finally crumbling in the face of Ryan Howard and that goddamned Victorino. Tonight the Angels may suffer the same fate – and even if they survive long enough to fly back east for the weekend, the Yankees will have their $161 million man waiting.
Which $161 million man? Now, there’s a question that could only refer to the Yankees. The one I’m talking about is CC Sabathia, the team’s most recent nine-figure pitching purchase, who has already shut the Angels down twice in this ALCS. But I could also be talking about first baseman Mark Teixeira, whom the Yankees plucked off the Angels’ roster last offseason for $180 million and who has repeatedly robbed his former teammates in the field this week (though his offensive numbers are pathetic). Of course, I might otherwise be talking about Derek Jeter, who’s nearing the end of his own $189 million contract. And as for Alex Rodriguez … well, he’ll earn $161 million in about the time it takes me to finish this column.
At least A-Rod is earning his salary (for once) this postseason. Still, like most baseball fans who don’t root for the Yankees, I have a hard time watching the Bombers without becoming queasy from the tsunami of dollar signs. In fact, Sabathia, Teixeira and A-Rod have ceased to function for me as human beings; their uniform numbers may as well be replaced with contract numbers – 161, 180, and 275, respectively. (Jeter gets a pass, since he came up through the farm system back in the ’90s, but the mind reels at the thought of the Yankees’ other free-agent acquisitions this decade – including tonight’s starting pitcher, number 82, otherwise known as A.J. Burnett.) If you add up the number of dollars the Steinbrenners have committed to their Big Three free agents through the end of Sabathia’s contract in 2016 – a total of $616 million – you get a number larger than the expected cumulative payrolls of 18 of Major League Baseball’s 30 teams over that span, even accounting for inflation. (more…)
The academic world is its own little terrarium that ends up affecting the broader cultural ecosystem. Universities are relatively (though not completely) removed from the economic cycle, so they tend to be stable employers. Students spend their three, four, or five years immersed in new ideas, meeting new people, and managing a set of new responsibilities. Faculty members do research, teach students, and talk to other people all day in an attempt to find out new things. It all filters into the world that the rest of us live in, although not always directly.
College students often take up causes, some of which they continue to pursue after graduation. A popular cause is the environment. Does student activism make a difference? The annual College Sustainability Report Card, released early this month, attempts to measure the influence of students and others in making campuses more sustainable. The report is prepared by the staff of the Responsible Endowments Institute, an organization that evaluated campus governance and endowment investing and is supported by Rockefeller Philanthropy Advisors. This is the third year of the study, which now tracks the 300 colleges with the largest endowments as well as another 32 campuses that asked to participate.
The study evaluates campus facilities, student life, and endowment policies to grade different schools. Campuses can pick up points for green buildings, bringing organic produce into the dining halls, or committing part of the endowment to investments in sustainable technologies. The researchers focus on the money for two reasons. First, it gives some clues about the administration’s approach to transparency and engagement. Second, the more money a college has, the more it can spend on such things as LEED-certified buildings and alternative-fuel shuttle buses. It’s not necessarily a surprise that Harvard has an A- (the highest possible grade this year) and Youngstown State University is a D+. (more…)
Now here’s a fast-moving story: Just a week ago, word leaked that Rush Limbaugh was part of an ownership group hoping to bid on the woebegone St. Louis Rams. Within three business days, the head of the players union, a current owner and NFL commissioner Roger Goodell had all come forward with essentially the same message: “Like hell you will!” By yesterday, ESPN had confirmed that Rush was being dropped from the bidding group. And just like that…
Well, what, exactly? What has been accomplished with this brief minuet of misplaced ambition and swift smackdown? For one thing, Rush’s media profile clearly has bumped up an extra tick, as if he needed it – though he’s clearly sought it, considering his eagerness to sit down for an interview this week with the sworn enemy of all conservatives, the NBC/MSNBC juggernaut. (Maybe he felt the sticky, Nyquil-inebriated breath of Time cover boy Glenn Beck down his neck.) Meanwhile, the NFL suddenly – and, for the most part, unwittingly – has found itself politicized, with the usual crackpots insisting over the past week that they would never watch pro football again if Rush got the team (or if he didn’t, depending on whether the pot was cracked on the left or right side). “I will NEVER go to a game OF ANY TEAM, WATCH ON TV, OR LISTEN ON RADIO to one more NFL game EVER,” wrote one typical rantboy, apparently convinced he could bring down the monolith all on his own. Just in case you were wondering which side this all-caps screamer was on, his message twice dared the NFL to “exhibit bias” against Rush’s “equal right” to buy a team. (Thus we arrive at a third result, this one inevitable: Conservatives now have one more reason to feel aggrieved, and one more excuse for twisting the language of civil liberties to suit their agitation.)
All those outcomes are ephemeral – we’ll forget about them as soon as the next temporary outrage presents itself. But we’re also left with a lesson in resume building – more specifically, a primer in careers that don’t function particularly well as precursors for (and may even serve as disqualifiers for) other careers. Indeed, this episode may well serve as a What Color Is My Parachute? for hyperpartisans on both sides of the political divide. (Note to Rush: the colors of your parachute apparently aren’t blue and gold.) (more…)
The Author of this piece is pushing her own book, so no money changed hands.
Last week, the Federal Trade Commission announced it would fine bloggers as much as $11,000 for violating its guides to the use of testimonials in advertising. The rules are designed to ensure that customers have a fair basis for buying a product. The basic rules are that if someone is compensated, that should be made clear; if a celebrity endorses a product, he or she should actually use it. Most of us didn’t want to know about Bob Dole‘s Viagra prescription or Lita Ford’s favorite ball gag (NSFW), but at least we know they are telling the truth about their preferences. The full details are on the FTC Web site in all their bureaucratic glory.
This creates some sticky problems for people blogging about books, movies, and music. You know, folks like us here at Popdose and our readers, at least some of whom are artists looking to get attention for their work. I can’t speak for everyone involved with Popdose, as that is a job for Jeff Giles. But, yes, we receive books, MP3s, DVDs, and bottles of tequila to review. We also write reviews about things that we bought with our money. I write book reviews for Barron’s, and those books are usually sent to me through my editor. Sometimes, though, he has misplaced the book or can’t remember if the publicist sent him a copy, and he doesn’t want to ask the publicist to send out a new one, so I go to the bookstore and buy it.
Like most reviewers, I quickly end up with more free books than I can possibly read. I usually end up dropping these books off at random places through Bookcrossing or donating them to the thrift shop. Some reviewers sell their excess copies to used bookstores or online, turning them into cash that way, although I have heard tell of writers who use something close to their real name on Amazon being shunned by authors who feel cheated out of royalties. (more…)
President Barack Obama was awarded the Nobel Peace Prize on Friday, a decision that instantly created controversy. For one thing, Tina Fey wasn’t even nominated. For another, Obama’s been president less than nine months, and had only been in office for 12 days when his nomination was submitted.
In case you’re wondering who nominated him, NobelPrize.org states, “The names of the nominees and other information about the nominations cannot be revealed until 50 years later.” So if you’re an anti-birther or anti-taxer or anti-tolerater, the answer is: the Forces of Evil. (And if you’re wondering how I know about Tina Fey, sorry, but I’m not sharing my peyote with you.)
The Norwegian Nobel Committee, which chooses the winner each year, explained that “Obama has as a president created a new climate in international politics. Multilateral diplomacy has regained a central position, with emphasis on the role that the United Nations and other international institutions can play.” According to the Associated Press, committee member and Norwegian politician Aagot Valle added that this year’s prize should be seen as “support and a commitment for Obama.”
The president, for his part, was humble about his victory. “I do not feel that I deserve to be in the company of so many transformative figures that have been honored by this prize,” he said. “I will accept this award as a call to action.”
But just a few hours before Obama’s victory was announced, he stood idly by as NASA tried to blow up the moon! From what I can gather, the U.S. space agency’s $79 million rocket was supposed to poke a giant hole in the Alan Shepard Memorial Golf Course, at which point all the water inside the moon would rain down on Earth — because the moon is up above and we’re down below and that’s how gravity works — thereby solving our planet’s impending water crisis.
As a wired citizen of our not-terribly-United States, you’ve no doubt received your share of cranky, mass-distributed partisan e-mails. I get them all the time, and my favorites (a phrase I use here ironically) are the ones that purport to show the differences between two viewpoints by offering the best possible description of one side and the worst possible slander of the other. The preponderance of these seem to come from the right side of our political discourse – the side that’s much better at name-calling and manipulating good ideas to sound like terrible ones. (But there I go again…)
One might think I have better things to do than take personal offense when one of these anonymous hatefests appears in my inbox … but, no, I can never seem to let these things pass without a response. Sometimes I offer a reasoned debunking of whatever bilge is contained in the diatribe, but too often I crank up the flamethrower and launch a torrent of my own uncivil rantings. The latter was the case recently, and as soon as I hit “send” I regretted my contribution to the coarsening of the national dialogue … even if it was just between myself and a friend.
And then I thought it might be interesting to conduct a bit of a thought experiment. (Actually, it’s just a cut-and-paste experiment, but whatever.) What if we compared only the “best” views of both sides, and ignored the “worst” views? Might that reflect the true essence of the body politic? Or, alternatively, is a comparison of the “worsts” more representative of how blue sees red, and vice versa? (more…)
Given the massive Federal deficit, it’s a sure bet that taxes are going up sooner rather than later. Before the Teabaggaz start posting, I think we can all agree that cutting taxes while starting a war is a bad idea. Stuff costs money, whether we’re talking about body armor for our warfighters in Afghanistan or Under Armour shirts. But the problem is what to do about it, because we have to fund our deficit somehow. However, we also have a really fragile economy. If the government raises taxes, will it crowd out the investment and spending needed to create jobs?
The idea behind cutting taxes in the Reagan era was that if less money went to taxes, more would be used for private sector investing, and that the private-sector investing would generate so much economic growth that the loss in revenue from the tax cut would be short-lived. Eventually the economy would expand so much that more taxes would come in at the lower rate because of the larger base. Private-sector investing did increase; the U.S. remains the strongest capital market in the world. It didn’t increase by enough to offset the tax cuts, and part of Reagan’s economic legacy was an increased Federal deficit.
Money can be spent on taxes, consumption, savings, and investment. (Paying down debt is a form of savings.) Money that goes to one purpose cannot be used for another. Â Money that the government takes in from taxes can also be used for consumption, savings, or investment. War and Medicare are examples of government consumption spending (which may be on behalf of citizens). Paying down debt is a form of savings, and goodness knows that the government at all levels has plenty of debt to pay off. The government invests when it spends money on bridges, schools, airports, and the like. For accounting purposes, this is handled like consumption. (more…)
All the dictionaries in my house are rather old, but I’m pretty sure the following definitions (from the Second College Edition of Webster’s New World Dictionary) still apply:
capitalism: the economic system in which all or most of the means of production and distribution … are privately owned and operated for profit
democracy: government in which the people hold the ruling power either directly or through elected representatives
Among the many, many problems with Michael Moore’s new film, Capitalism: A Love Story, perhaps the most basic is his apparent inability to distinguish between economic and political systems. His conclusion – one he repeated at length on Bill Maher’s show last week – is that we need to “abolish capitalism and replace it with democracy.” It’s a populist idea, to be sure, intended to rouse the (liberal, upper-middle-class) rabble to head directly from the theater to the local Home Depot for torches and pitchforks. But no matter what Moore actually meant – and what he meant is that we need to limit the overwhelming influence that corporations and financial elites currently wield over American life – his message is inevitably lost (at least amongst his decently educated audience) in his nonsensical juxtaposition of capitalism and democracy as mutually exclusive.
Sadly, little else about the scattershot Capitalism: A Love Story makes much sense, either. The film is a jumble of macro- and micro-economic diatribes that fails almost completely to show the link between the collapses and bailouts on Wall Street and the current struggles on Main Street. Moore wants desperately to make us see that link, and to get us angry about it, but he gets no closer than anyone else has to illuminating the complex financial instruments (derivatives, credit default swaps, etc., etc.) that played a major role in the banking catastrophe – or to showing us how they affect the lives of ordinary people through foreclosures, job losses and the like. (more…)
The site of the 2016 Olympics will be announced on Friday, and Chicago is considered to be a close contender along with Rio de Janeiro. Speaking on behalf of my three million fellow citizens, I’d say that Chicagoans are torn. The Olympics would be fun, and Chicagoans would love for the world to realize that we have indoor plumbing here, something that folks on America’s coasts don’t seem to know. But despite the inferiority complex, Chicagoans don’t have the puppy-like need to be loved that Atlanta or Salt Lake City seem to have. If you think our only claim to fame is Da Bears, then you are the idiot.
The problem is that Chicagoans are keenly aware of the costs of corruption. We have one former governor in prison and another who is likely to join him soon. We have a federal prosecutor issuing subpoenas and indictments left and right. Students have been admitted and received scholarships to the University of Illinois at Urbana-Champaign based on who they knew; a current grand jury investigation is looking into clout admissions at the city’s elite public high schools. Who knows how many businesses have put off expanding or relocating to Illinois because of the tax from the take? Graft has been accepted here because politicians used to be careful to deliver goodies to the neighborhoods, but that’s not happening. Consider that two city high school students were murdered this past weekend. One, who attended a magnet school, was shot by an unknown assailant; the other, who attended a regular neighborhood high school, was beaten to death after school by a mob of his fellow classmates.
But sadly, the legacy of corruption makes Chicago a good fit for the International Olympic Committee, which has its own history of taking theirs. The IOC does things the same way Chicago politicians do; Mike Royko used to say that the definition of an honest politician in Chicago is that when he is bought, he stays bought. Many people in town assume that the fix is already in. (more…)
Muntadhar al-Zeidi, the Iraqi TV reporter who threw his shoes at President George W. Bush during a press conference in Baghdad last December, was released from prison on September 15 after serving nine months of a one-year sentence. (Throwing a shoe at a person is considered highly disrespectful in Islamic culture.) Immediately hailed as a hero in the Arab, Muslim, and NPR-listening worlds last winter for his act of defiance — he yelled “This is your farewell kiss, you dog!” and “This is from the widows, the orphans, and those who were killed in Iraq!” as he hurled each shoe at Bush — al-Zeidi emerged from prison into a world with a new American president and a decreased U.S. military presence in his home country. Now, in a loosely translated Popdose exclusive, he speaks out about his experience.
When I went into prison last year, I was 29 years old. Now I am 30 years old. I am a man now, and in prison I was the man, as you Americans say. People made T-shirts. A game on the Internet called Sock and Awe was created by people with much time on their hands. (It is fun. Play it. You could waste your life in worse ways.) And the video of me throwing my shoes at President George Bush “went viral,” I was told. My prison guards even threw me a birthday party in January. They gave me bright green shoes with holes on the top side that are called Crocs. It was amusing at first.
Many things can change in a short amount of time, however. The zeitgeist — it has shifted. The world has moved on. My people say to me, “The sectarian violence is not like it was, Muntadhar, and this new American president, unlike the previous one, he has a brain.”
Now there is a very bad crime wave, however, and it is led by the same people who almost pushed Iraq into a civil war. They cannot find jobs, so they kidnap and demand ransoms instead. Learn new skills, gentlemen. Take computer classes. Oh, that is right, I have forgotten — there is no electricity to run the computers! Carry on then, sectarian thugs.