Blog Archives

The Two Words Politicians Don’t Say

What is the matter with Chris Christie?

He’s not following the current script for public leaders who did something wrong or for those who are connected to someone who did something wrong and it’s making him look quite strange.

He said, “I’m sorry.”

There has been a lot of discussion and debate surrounding “Bridgegate” and whether or not Governor Christie knew of this situation before or while it was occurring and whether or not he has handled the situation correctly. While the final verdict is still out, it does appear (at this point) that the New Jersey governor is telling the truth.

Mistakes were made. He owned up to them. He apologized. He fired his senior staffer who was personally responsible. He wants to work hard to earn back the varying degrees of respect and trust he likely lost with some New Jersey and New York residents, specifically commuters who frequent the George Washington Bridge from the Fort Lee area.

There are many words used to describe Governor Chris Christie, but there is one that nobody has yet mentioned.

That word is anomaly.

In an era when public figures in politics, sports and entertainment are driven solely by winning, profits and personal gains without regard for self-reflection, awareness and/or remorse for bad actions, it’s genuinely refreshing to hear and see a public leader step forward and accept responsibility when a scandal or uncomfortable situation arises. Even when he is not personally culpable, but it involves someone very close to him.

Governor Christie’s press conference was unusual in this sense…sadly.

For where the story stands right now, the governor did the right thing yesterday. It was painful and embarrassing, but it’s what needed to be done for himself and the public. He was transparent and responsible. To summarize one of his statements: If something good or bad happens in New Jersey, it’s on him. Period. He’s in charge.

What difference did his acceptance of a major mistake within his administration and apology for that mistake make?

The American people will let us know.

The Wisdom of the Garage

Public vs. Private.

This is a fiercely debated and complex issue that has a myriad of avenues to explore and a variety of micro and macro points to consider for in-depth analysis. Today, the focus will be centered on the latest example of this classic, everlasting battle of ideology and basic societal structure.

Speaking of putting ourselves into the right mindset…

Regarding ObamaCare, the people do have a fever of frustration and the only prescription appears to be increasingly less government.

The federal government, under President Obama, has had between 2-3 years to put together a website for his signature achievement…in the 21st century…in the year 2013.

Now, healthcare is recommended to be dealt with over the phone by the government.

Can’t imagine any problems or scams there. In a related story, Nigerian princes are discovered to be very happy this week.

Aside from fact that the policy of the law is unequivocally flawed, bad, unworkable, unsustainable and unfair, let’s focus on the website. Consider that Facebook (“thefacebook” back then) was digitally built by a group of college students (granted, from Harvard) that took user’s information and compiled a personal profile for them that was capable of being viewed, updated, shared and commented on by his or her friends with seemingly no limit on activity.

It worked.

Why?

Put simply, the founders and builders of “thefacebook” had the market incentive to create the best product because of the competitive landscape in social networks. They had to be the best for survival’s sake. Therefore, the company had to recruit the best talent with the skill-set to continually innovate and improve their product for the public and, most importantly, their voluntary members. Money had to be allocated prudently and the business decisions required great intelligence and foresight.

In the private marketplace, you have to be the best or you will very likely fail and go out of business. For many, that is the bottom line and the daily reality.

Conversely, in government, there is no such marketplace. Money is provided, which is usually bloated beyond belief. Correction: The public’s/our money is provided to the government contractors and is bloated beyond belief. Even still, the transaction is done so through a maze of red tape and is absent any competitor, let alone several. The public sector is not conducive to consistently producing high quality and innovation influenced by a variety of critical market incentives, pressures and rewards.

“Our team is bringing in some of the best and brightest from both inside and outside government to scrub in with the team and help improve HealthCare.gov.” As reported yesterday by Washington Post columnist Ezra Klein, the aforementioned statement was a weekend notice from the Department of Health and Human Services.

The obvious question: Why weren’t the best and brightest brought in in the first place?

The obvious answer: The best and brightest don’t work in the government.

Silicon Valley is the hub of technological genius in the United States and even around the world. This is one of the places where the best and brightest work. Freedom to imagine is coupled with personal responsibility and monetary limitations, which creates the atmosphere for ingenuity and potentially terrific outcomes. Contemplate how many successful start-ups and society-altering companies were born in garages (Apple, HP) and small offices just outside San Francisco.

People in a garage with nothing more than a crazy, outlandish dream and a little business savvy have established a better and a more cognitive environment than the hundreds of millions of dollars the federal government doled out for the new healthcare.gov website that had years to be constructed.

If Apple or Google had premiered like this, there would be no Apple or Google today.

Actually, that’s not true.

Apple and Google never would have concocted, put together and premiered such an unworkable and fiscally unsustainable disaster for the public.

That’s the lesson from the best and the brightest.

If 2008 Was a Song

When the music stops, in terms of liquidity, things will be complicated. But as long as the music is playing, you’ve got to get up and dance. We’re still dancing.
–Chuck Prince, former CEO of Citigroup

Relating the financial sector to the popular children’s birthday game of musical chairs. That’s definitely one way to look at it.

One movie that continues to replay in my mind is, “Margin Call.” The cast consists of Kevin Spacey, Stanley Tucci, Zachary Quinto, Paul Bettany, Jeremy Irons, Demi Moore and Simon Baker. Not bad. The film takes place in real time during the course of 24 hours and explores a “fictional” New York investment firm that discovers its books are overwhelmed with volatile, and therefore, unsustainable assets.

Everything is about to hit the fan.

Would you like to wager a guess as to when it takes place?

All the warnings signs in the film were willfully ignored and the mountain they now had to climb was higher and more treacherous than anything the executives responsible could begin to imagine in his or her worst nightmare.

Oddly enough, it’s not just the movie that continues to remain in the back of my mind, but equally so is the music. If you go the website, “margincallmovie.com,” a song will play on repeat. The music contains zero lyrics and is downright foreboding.

There’s only so much of it I can listen to an one time until I need to hear something upbeat and fun. Still, I continue to return on occasion.

My peculiar and reluctant addiction to this song could partly be drawn from reflecting on how surreal 2008 really was, as well as the general uneasiness that’s been felt around the country for the past five years. We all know what happened in 2008. We’ve all felt the devastating effects in our lives in some way. And yet, this specific soundtrack continues to play. Nobody has stopped this music. And not just pertaining to Wall Street, but all the fiscal problems that have accumulated over time and are quickly (and obviously) reaching the boiling point with regard to government spending, debt, entitlements, etc.

There is not a universal feeling that we’ve left 2008 in the past, nor that the government is taking the necessary steps to reach solvency in the future or to implement policies to spark a people-based comeback in the now. For too many, this song and its ripple effects have not yielded. This chapter keeps adding pages, read by weary and exhausted eyes.

What’s next?

Any real discussion to curb the country’s enormous debt, deficit and entitlements is not being seriously addressed by those with the power to ultimately change the unbelievably predictable equations riddled with unsustainable constants and variables.

Incredibly, the beat goes on.

It’s not enough to believe that time alone will raise the United States from the ashes like the phoenix. Instead, this situation demands prudent fiscal policy. It will require very tough decisions. It will require sincere leadership. Like a can being kicked, the mute button won’t hide or bury the soundtrack from 2008, but alternatively needs a completely new orchestral arrangement…and conductor.

Have you ever had a song stuck in your head for a week? It’s annoying.

Imagine five years and counting.

People don’t want the music to stop, they just want to hear something different. They want to hear something optimistic and assuring, complemented with inspiring lyrics. They want a song or collection of songs written and performed for a new era in America.

All I can say is musical chairs used to be fun.

Democracy’s Timeout

At midnight, while I was watching “The Tonight Show with Jay Leno,” Brian Williams briefly interrupted the beginning of Magic Johnson’s interview with “Breaking News” that the federal government had shut down for the first time since 1995/1996.

What was my reaction? Panic? Shock? Feeling as if the end is near?

No. I gently shrugged my shoulders. Thankfully, “The Tonight Show” resumed a few moments later.

Sadly, a majority of Americans likely reacted the same way I did upon hearing the news.

First, it needs to be stated that the Tea Party went beyond its electoral mandate in their strategy and comments surrounding a government shutdown. There is a time and place for legitimate policy debate, but this was not one of those moments. As George Will has summarized previously on ABC’s “This Week,” the Republicans control one-third of government and they cannot govern the country with that ratio of power.

Without walking through the labyrinth of political strategy and calculation, it bears stating how fascinating and contrasting the means by which both parties are exercising their power on the issue of Obamacare. The Democrats are, on television and reportedly in private, refusing to even entertain Republicans’ requests to delay Obamacare for individuals for one-year like the Obama Administration did for large corporations (still not sure how that worked legally?).

In the eyes of Democrats, when a law is passed, that’s it. It’s permanent. As David Gregory posed on “Meet the Press” this past Sunday morning, “when is a law a law?” Well, according to Gregory and some of his fellow liberals, a law is a law when it’s passed by Democrats. But surely not the other way around, right? Similar to Medicare, Social Security and other entitlement programs, once that legislation becomes law, there is no need to change it. Ever.

Want proof? How many Democrats are willing to increase the age requirement or change the benefit structure to receive the aforementioned entitlements on the basis of (gasp!) solvency? There is statistical data clearly proving that men and women are living significantly longer than when those programs were first instituted decades ago. But remember, simply because it became law, it is etched in stone forever.

There is a word for this: monarchical.

Conversely, Republicans are fully willing to pull every available lever in the democracy and legislative playbook to defend their principles and policies for fiscal sanity. Are the Republicans implementing the best strategy right now? No. How can Obamacare be repealed and replaced? The Republicans need to maintain control of the House of Representatives, win control of the Senate and win back the White House. A little more political calculus should probably be exercised by those right of center.

Again though, when is a law a law?

Republicans believe a law is a law until it’s not a law. What does this mean? If a law is good for the large majority of the American people and proves to benefit the society as a whole now and into the future, then the law should remain or not be altered until it doesn’t function properly anymore (if and when that happens). However, if the law is structurally damaging and has an overwhelmingly negative effect on the American people (particularly those who are already struggling), then the law should be repealed and/or replaced.

This move does not represent any cynical motives, just efforts for better policy.

Surely, there were previous laws during past moments in history that should not have been enacted. In this case, they should have removed or replaced.

There is a word for this exercise in America: democracy.

Democracy is a messy business and is forever fluid, as confirmed by a few powerful words in the Preamble of the United States Constitution: “…in Order to form a more perfect Union…” In essence, this country will never be a finished product. Consequently, Americans will continue to work hard everyday in pursuit of making themselves and this nation the best it can be until the sun rises again tomorrow morning.

It’s a beautifully perfect premise.

Are both Democrats and Republicans overstepping their boundaries right now? Yes.

Jay Leno might have struck the exact right chord last night during his monologue:

“…Both sides are blaming each other. Republicans are pointing their fingers at Democrats, the Democrats are pointing their fingers at the Republicans and the Americans are pointing the middle finger at both of them.”

There have been political battles between conservatives and liberals and Republicans and Democrats throughout American history. It’s existed in the past and always will in the future. There are profound differences between these opposing ideologies. And yet, fortunately, there have been several key partnerships that have led this nation through some very difficult times that achieved truly great things for the people.

Still, reflect on what the message has been for the past five years or so. President Obama has publicly made it crystal clear that Republicans are the enemies and that he is unwilling to compromise on anything valuable with the relentlessly reasonable Speaker of the House John Boehner. Negotiations require give and take on both sides.

Back in 2012, President Obama famously said, “If you’ve got a business — you didn’t build that. Somebody else made that happen.”

Mr. President, if you’re experiencing gridlock in D.C. and throughout the country, just so you know, you did do that. You made that happen.

You are the president. You set the tone. And you certainly have.

Yes, the Republicans need to be more accommodating in some circumstances, but the president is the leader. The absence of genuine relationships and willingness for give-and-take with members of Congress has been detrimental for deal-making throughout this administration.

Many commentators think people are not listening to the president very much these days. On the contrary, people are and have been listening intently for the past five years or so.

On that note, congratulations are in order for President Obama. If he wanted to make it known (and he has) that half the country is forever wrong and inclined to hurt people by even disagreeing with his policies and viewpoints based on facts and proven philosophy, then, well, mission accomplished.

Last night at midnight was merely the “official” government shutdown. Most Americans have known that the government’s been shut down for much longer that just a matter of hours. Like the financial crisis in 2008, political and presidential gridlock did not begin nor will it end with President Obama. But, regarding the financial situation and gridlock, he has actively made each worse.

One thing is certain amongst everything: Jay Leno continues to joyfully appeal to a broad audience night after night and, as a result, continues to be successful as the leader in the late night comedy ratings.

Strange how that works.