12/31/16…From the edge of the precipice (or not)…..

1. http://ny.eater.com/2016/12/29/14092686/confessions-of-a-culinary-line-stander  This addresses a matter that has perplexed me for some time now, ever since – on the way to the Public – I noted a long line waiting to get into the La Colombe coffee joint on Lafayette St. La Colombe makes very good coffee (it’s my wife’s morning tipple, along with a Kona grown by friends in Hawaii) but come on!  City life used to be organized around the avoidance of lines. No longer, it seems. This article suggests several reasons. To which we might add FOMO (Fear Of Missing Out), since joining a line signifies, to one’s Id at least, that this is where the action – what’s hot, what’s Instagrammable- is. This is probably what will drive tens of thousands of idiots lemming-like into Times square tonight. I would submit there might be another reason. Let’s in best Proustian manner call it “la cameraderie de la queue.”  Big cities are famously lonely and detached places, especially nowadays, with individuals immuring themselves in portable electronic silos. But in a line, where everyone is presumably present thanks to some aspect of what’s being waited for, mainly an eating experience, and therefore has something in common with others in line, you can strike up a conversation with perfect strangers – something you never  see happen on the subway or in a bus.

2. Well, maybe it wasn’t: https://www.theguardian.com/world/2016/dec/30/eight-charts-that-show-2016-wasnt-as-bad-as-you-think On the other hand, perhaps it was: https://www.vice.com/en_us/article/2016-is-the-year-the-future-happened Given my narrow view of things, any year in which The Mikado  has to be “salvaged” (see today’s NYT Arts) rates as a top-ten stinker! Salvaged from the scrap heap of political correctness, as the paper of record puts it. Whose political correctness, dare I ask? I saw my first Mikado in 1947, with Martyn Green, Darrell Fancourt, Ella Halman et al,  and have seen probably a dozen productions since, and not once has a Japanese entity lodged a protest.

Well, now that I’ve allowed my dander to get up, here’s an interesting take from The New Yorker. http://www.newyorker.com/culture/culture-desk/an-asian-american-reimagining-of-gilbert-and-sullivans-the-mikado Note that the writer refers to “modern notions of cultural representation.” Bushwa! And while we’re about it, the highly-praised prologue written for the present production centers on a scene in D’Oyly Carte’s office where Gilbert is hit on the head by a falling scroll. This is praised as original. It is not. In the best of all G&S films, 1953’s The Story of Gilbert and Sullivan, starring Robert Morley and Maurice Evans, a Japanese sword falls to the floor with a great clatter, causing Gilbert to think “Japan!” – and away we go!

3.Big year-end shout-out to Danny Meyer. There’s a Shake Shack a couple of blocks from where we live.I visit it pretty often. Today I tried the new order-in-advance app, then walked down, timing my arrival for a couple of minutes before the designated 12:15PM pickup. My order arrived to the minute.  That’s commendable, and the chow was as always good, but what really fired my enthusiasm was the spirit of the place. The employees exude that happiness that comes from people who are decently paid and properly trained. I noted the same the other day at a much more upscale Meyer venue, The Modern, to the bar of which my good wife and I repaired for a restorative after our Dantesque excursion to MoMA . Both of these are “no tipping” spots, and yet when I asked at the Modern about adding a bit to the bill, I was told no. Since one reads about other places having to back off recently-instituted “no tipping” policies, I infer that Meyer is keeping less of the gross than are some others. Anyway, a first-class job performed in a first-class manner. Hip,  hip, Sir Meyer, hip, hip – and Happy New Year!

 

4. Those in the know will consider the following a significant addition to their New Year’s cheer:

TRUMP BOOTS AUTHOR FROM GOLF COURSE

Donald Trump personally booted the author of an unflattering biography off Trump International Golf Club in West Palm Beach on Friday. Harry Hurt III, who penned the 1993 biography, Lost Tycoon: The Many Lives of Donald J. Trump, had come to play with billionaire industrialist David. H. Koch, a Trump club member, and two other golfers. Hurt, who has a scratch handicap and plays in colorful knickers, walked over to Trump on the practice range prior to his group’s assigned tee time, only to suffer a tongue lashing from the president-elect. “I said, ‘Congratulations, sir,’ and shook his hand,” Hurt recalls. “Trump said, ‘You were rough on me, Harry. Really rough. That shit you wrote.’” Hurt says he looked Trump in the eye, and said, “It’s all true,” to which Trump rejoined, “Not in the way you wrote it.” Among the juicy tidbits in Hurt’s tome was Ivana Trump’s allegation in a sworn deposition that Trump had “raped” her during their divorce battle. Trump told Hurt it was “inappropriate” for him to play at the club, and had his security detail escort Hurt, Koch, and their playing partners to the parking lot. “David [Koch] was appalled,” says Hurt. “He branded Trump ‘petty’ and vulgar.’ We played Emerald Dunes instead, which is a much, much better golf course than Trump International.”

Trump has now accomplished a significant double: he has kicked the two biggest assholes named Harry off his Palm Beach golf course. I don’t know if there’s a third highest-level “Harry” asshole out there, but it would be nice to see Trump complete the trifecta. Of course, when you’re talking assholism, it’s hard to top David Koch, and maybe you could throw him in, the way you can substitute dishes on a prix fixe menu. Oh yes, and by now it’s to be expected that Koch will have – no, not resigned – made a groveling phone call to the president-elect.

5. Thrilling to hear the national anthem played by the combined bands of the universities of Alabama and Washington instead of distorted and cheapened by some (usually B-grade) rock, pop or C&W singer. For once, the anthem sounded truly patriotic.

6.Still the best. http://www.rollingstone.com/politics/features/something-about-this-russia-story-stinks-w458439

7. The Curbed website is running a quiz on the theme “What would Jane Jacobs think of your neighborhood?’ Most of the (multiple) choices don’t really fit DUMBO, but I answered as best I could. The result calculated by the Curbed algorithm  is that JJ would describe DUMBO as “a work in progress.” I disagree. After 16 years, I would describe this area as “a work in regress.” On weekdays, techies and hardhats. On weekends: tourists. No street life after dark. Huge street-level spaces vacant. Small retail shutting down or driven to less good locations by rent increases: so far: two bookstores, a Bubby’s, a dress shop, a Pinkberry.

8. Reflecting on New Year’s Eves past, I can recall one in the course of which I saw a group of celebrants who had enjoyed themselves – gotten more out of the evening – more than any I’ve seen since. It was the millennium  Year 2000 turnover. I had accompanied my late stepmother Poppi to a dinner not far away and once the ball descended we drove back to her house in Old Brookville. It was late, and common sense dictated that we go around back and let ourselves in by the rear entrance. So I drove in the back driveway, and my headlights played on the chicken house in which Poppi kept a number of rare breeds. The lights clearly startled the partygoers within, for suddenly out of the coop trotted a trio of clearly sated foxes! Delicacy forbids me to describe the carnage revealed by the next morning’s inspection.  Thus ended Poppi’s experiment in exotic poultry. Happy New Year! Cluck, cluck!

9. My New Year’s wish: never to see or hear of these people again!  http://www.politico.com/magazine/story/2016/12/hillary-clinton-2016-loss-democrats-214570

Tomorrow I’ll review the bidding. For the nonce, bless you all (subject to editing) and Happy New Year!

 

 

12/30/16….Minus 1….

Yesterday we trooped up to the Met Museum to see the “Jerusalem” show before it closes on January 7. We drove: a wise decision, because the line at the main entrance (lengthened by bag-checking) stretched down Fifth Avenue from 82nd to 79th, whereas getting in from the parking garage was a piece of cake. Inside the museum was a zoo; T remarked that the Met better build some new Ladies Rooms: these lines stretched back into the galleries. “Jerusalem” itself is remarkable, both aesthetically, historically and intellectually. It concentrates on the period 1100-1400, and on the cultural and artistic influences on the sacred city of its Jewish, Christian and Muslim populations, each of which regards it among its holiest of holies. I would have liked to have had a better sense of how things went prior to 1100, from the Crucifixion and Resurrection, the emergence of The Prophet Mohammed halfway along, and the burial of the Elders of Hebron. Still, if you can get there, do! My only reservations have to do with the lack of seating (my orthopedically-challenged knees were complaining by the third gallery) and the lighting. The latter is dim, presumably to convey a sense of the sacred, but some of the labels are hard to read – and the character of the material on display requires that they be read.  If you have a fork lift, order the catalogue, and read up on “Jerusalem” after you’ve seen the exhibition and have a sense of what’s what.

1. This has to be a candidate for anyone’s “Worst of 1916” list. A most repellent article about a most repellent personality. http://www.thedailybeast.com/articles/2016/12/30/celebrity-designer-dennis-basso-on-his-1-million-fur-boutique-robbery-and-why-he-s-proud-to-dress-melania-trump.html?via=newsletter&source=DDAfternoon Although this runs a close second. http://www.wsj.com/articles/shoe-storage-fit-for-an-art-gallery-1482947099 Based on her husband’s comments, I would advise this lady – I’m speaking inferentially, of course – not to introduce him to Dennis Basso if she ever wants to see him again.

2. Noo Yawk…Noo Yawk…the Bloomberg Gospel and its effects: http://www.nakedcapitalism.com/2016/12/when-a-business-you-like-dies.html

3. A nice note on which to approach year-end, especially since the way Fixers was published and promoted almost guaranteed that it would sink like a stone. This is an email from a friend who, take it from me, is a person of unchallenged high standing in the republic of letters:

Dear Michael:  I just wanted to reassure you that I have been reading your book and getting great pleasure and entertainment from it.  I’m about a hundred pages from the end.  Your grasp of the milieu is positively Trollopian.  I also get a sense that I’m reading an inside history of the last decade, with increasing uneasiness and distress.  Anyway, it’s a fascinating novel–just wanted you to know I’m enjoying it.

Happy New Year,

4. The thoughts of two fine thinkers/writers coalesce: https://baselinescenario.com/2016/12/30/a-change-is-in-the-air/#more-15804

5. Good advice: http://www.nakedcapitalism.com/2016/12/two-simple-suggestions-for-george-soros.html

6. Needs no comment; http://www.ianwelsh.net/book-review-of-dark-age-ahead-by-jane-jacobs/

7. Good to know there’ll be a cool finger on the nuclear trigger at this end come Jan.20. On the other hand, I have this picture of the current president channelling F Scott F’s “The Diamond as Big as the Ritz”, perched atop the Capitol dome trying to talk the Russian – or Chinese, or No. Korean – missiles out of the sky. http://www.newyorker.com/news/news-desk/world-war-three-by-mistake

 

 

 

 

12/28/16…A journey to Hell…

Most notably on the opera stage, but in other high-cultural venues as well, it isn’t uncommon to update canonical works to the modern day, at least in terms of such externalities as mise-en-scene, costumes etc. Take, for instance, a towering masterwork with which most people over 50 have some familiarity and most of those below that age probably none. It’s the epic in which the narrator, having midway in the journey of his life found himself in a dark wood where the direct path was lost, is taken on a journey through the afterlife that starts in Hell and terminates in the Empyrean. Yesterday I had an experience that could well provide the basis for a transference of the great poem from the 14th to the 21st Century.

In my version, that narrator encounters a guide who promises to show him all eternity, but being a very postmodern positivist, urges that they start at the very lowest circle of Hell, after which things can only get better. And so the narrator is taken to a strange place, noisome and noisy, surrounded by odd shapes, many seeming to be little more that splotches of paint and clumps of plastic randomly dispersed. Among these aimlessly weaves a packed throng of confused beings of hideous dress and aspect, sending up a wailing babel of many tongues. The narrator, his agoraphobia and aural and visual sensitivities challenged to the boiling/breaking point, inquires of his guide: “What is this horrible place? It is the worst I have ever seen! I can hardly bear it!” His guide smiles: ‘It is the summit of this age’s culture,” he replies. “This is the Museum of Modern Art during Christmas Week.”

“Well, if it is,” the narrator exclaims, “I say the hell with it, no pun intended,” and with that he abandons his guide, rushes out of the dire place, and races back through the woods to Rimini, where he gets a job as a barista.

And that is that.

1.Now – to the day’s serious business, here’s David Pryce Jones on the current state of Brexit and EU affairs. He’s writing in The New Criterion, a magazine that lovers of best culture must read for Karen Wilkin, Marco Grassi, Kyle Smith and Jay Nordlinger, but which, in its political pages, is showing signs, post-Trump, of reverting to the right-wing looniness that characterized it back in the days of its Founder Hilton Kramer. That said, I feel Pryce Jones’s point is well taken:  “Nationalism is heating everywhere to a temperature already close to explosion. In the absence of any known cure, this [atient (the EU) must either recover miraculously or die. The watchers at the bedside do not know what is to be hoped for, or to be feared.

“Would-be doctors are coming off badly. One of the foremost among them is President Obama, who flew in to advise the British that in a referendum then about to occur, they should vote to stay within the European Union. The vote to leave, Brexit for short, exposed him as an airhead without influence or the prestige due to his office.”

2.Totally agree: http://nypost.com/2016/12/27/12-reasons-i-hate-eating-out-in-new-york/  I would footnote Cuozzo’s diatribe with the famous remark by Ernest Thesiger. Returning to London from the Western Front in 1916, he was asked what it was like in the trenches. “My dears,” he replied, “the noise! And the people!”

3. The media are full of articles about how to combat Trump. This is typical: http://nymag.com/daily/intelligencer/2016/12/fight-donald-trump-with-normal-politics.html – especially since, to my recollection, the writer has never been more than half-right on any subject of importance (except, naturally, importance of the “self-” variety). In my view, the way to get to Trump is make him lose it, and the way to do that is to take him on at Twitter. Organize a Twitter “hit squad” of, say, 100 articulate people (I’ll volunteer) that will challenge his tweets (nothing will make him stop; he seems addicted)by fighting dirty in the 140-character format, inducing him tweet back and back again until he goes apeshit.

4. Indeed, sir, indeed: http://www.nakedcapitalism.com/2016/12/ilargi-2017-where-the-truth-lies.html and this too, sir: http://www.aljazeera.com/indepth/opinion/2016/12/wrong-withering-west-161226104409143.html

5. A couple of years ago, mainly as a favor and gesture of respect and affection for two friends, Scott McConnell and Taki, I took out a subscription to The American Conservative. What with one thing or another, I barely skimmed the issues, but I kept them and recently started to go through the stack. It’s an interesting magazine. Doctrinaire to be sure, but a grownup expects that, and there’s a lot of other good stuff in there. Taki’s on the back page, doing his thing (which I’ve described elsewhere as derived from the little boy in Alice… “who only does it annoy because he knows it teases”) and I have to say, judging from the intemperate reaction his latest screed elicited from the adjacent pillow, he succeeds. I consider myself a conservative progressive – one who examines the bathwater to see if there might be a baby in it – and I’ve followed a sort of backwards path through life: usually, one starts out young and relatively impecunious and then as one becomes wealthier, turns conservative (it’s the money, you see). But I had money when I was young, and therefore could afford to be idealistic despite my circumstances, and then as I’ve grown older, and relatively poorer, my idealism – compassion for others, mainly – has stuck with me because there’s been no incentive to go in the opposite direction.

6. Headed by prize asshole Larry Kudlow, certain people on the Trump transition team are arguing that his plutocratic choices for his Cabinet and inner circle are immunized by their wealth from any temptation to steal or to corrupt for pecuniary reasons. Based on my observations over 50-plus years, this is absolute bullshit. Indeed the reverse is true. While there are obvious exceptions, as a general rule, the richer one becomes, the more rapacious, avaricious, greedy and morally provincial one becomes. The word “enough” disappears from the vocabulary. The notion that with advantages come responsibilities is put out of mind. One becomes psychologically interwoven with one’s wealth to the extent that any diminishment of one’s pile will be like having a limb cut off. And since big hitters have easier access to piggy banks – pension funds, the taxpayers’ full faith and credit, corporate accounts etc – temptation is easier to yield to.

Signing off: https://www.project-syndicate.org/commentary/mathematical-economics-training-too-narrow-by-robert-skidelsky-2016-12

 

 

12/27/16….Countdown…

We took six hours yesterday to watch the second part of “The Hollow Crown,” a splendid mashup of the three Henry VI plays and Richard III done by a first-rate British cast led by Benedict Cumberbatch as the wicked king and Ben Miles as  Somerset, the treacherous courtier who betrays the waffling Henry VI (Tom Sturridge). Odd how these things go in cycles. It’s been some time since I encountered the Henry VI-Richard III tetralogy done whole (the last play , of course is fodder for scenery-chewers) but this year, in a relatively few months, I’ve seen it twice, the first time being “Kings of War,” a fine inventive version at BAM. Anyway, this production completed the cycle (the first, Richard II, the two Henry IV plays and Henry V done no less magnificently – Tom Hiddleston was born to play Hal/Henry V – was shown last year.) Engrossed as we were, and engaged, full of admiration for the production and the performers, we came away at the end with one thought above all: my God, Shakespeare, how did you do it! His language is, to my mind at least, as close as we poor mortals are likely to come to the voice of God!

Now impends the Age of Trump, and with each day – each hour, it seems – right-wing creatures are emerging into sunlight – the Obama winter of their discontent made glorious summer by this son of Queens, as the Bard would say -and flexing their rhetorical muscles. Today’s Wall Street Journal hearkens back to the glory days of Bob Bartley about how mean Obama has been to the banks and how, at this eleventh hour, he’s giving them a last sharp kick in the regulatory ribs. I concede the Journal  this much:  Obama has been hard on banks when he should have been harder on bankers – there’s a difference, you know – and while a certain amount of penalty money has been collected, some of it ridiculously (as in the case of Fannie and Freddy), the regulatory overload imposed has severely limited the ability of banks to perform their social function while effecting little change in Wall Street’s sociopathic thinking. And now we face the prospect of the Journal and others trotting back onstage and treating us to four years, at a a minimum, of ludicrous amateur fascism.

Speaking of banks: http://wallstreetonparade.com/2016/12/eight-years-after-an-epic-banking-crash-americas-biggest-threat-is-still-its-banks/

1.Is Robert Harris – https://www.amazon.com/Conclave-novel-Robert-Harris/dp/0451493443/ref=sr_1_1?s=books&ie=UTF8&qid=1482854838&sr=1-1&keywords=Robert+Harris – channeling Morris L. West? https://en.wikipedia.org/wiki/The_Shoes_of_the_Fisherman_(novel)

2.Fact or fiction? In Fixers the ex-CIA narrator is never told the source of the money that he’ll dispense to turn the 2008 Democratic primaries inside-out. I deliberately left that unspoken, although I confess I wasn’t thinking Putin. But if the ambiguity fits, wear it!

 

 

12/26/16….”Official” Christmas Day….

1.They used to say, Harvard Law School is for lawyers, Yale is for judges. Both, it seems, are for hustlers. https://baselinescenario.com/2016/12/26/the-curse-of-credentialism/#more-15598

2.The world we live(d) in: http://www.lrb.co.uk/v39/n01/mike-jay/dont-fight-sober

3. The Metropolitan Museum has come up with a new committee with an all-time name: The Multicultural Audience Development Initiative Advisory Committee

 

12/25/16…God rest us merry….

Last evening a lovely family time. Good food, good talk – everything possible to bring comfort and joy to this elderly gentleman. The grandkids have reached an age when I know what they most want for Christmas: small rectangular pieces of paper with my signature in the lower right-hand corner. My grandson Cooper, the Dartmouth-educated cartographer and world traveler and ever a delight to be with, has discovered Patrick O’Brien, so off he went having plucked from the shelves the five-volume boxed set of the Aubrey-Maturin novels. And yet….

So much to ponder in this money-bloated world, where so few have so much and so many so little, where Mammon has been allowed to run wild, trampling underfoot old, once solid-seeming friendships and values and the searing flame of greed has (as Marx put) melted all that was solid into air: poiluted air, need I add, stinking of carbon and exhaust fumes…hard – even on Christmas Day – not feel disgusted at what man has made of this world…

And was ever something invented to do worse by Christmas than Facebook, encourager of boastfulness, exhibitionism, possession- and advantage-strutting – bah!

1.http://nymag.com/scienceofus/2016/12/michael-lewis-on-trumps-personality-versus-obamas.html?mid=twitter_nymag

 

12/24/16….Minus 1, forget Trump, think Santa…

Tonight we’ll welcome family, including two ex-wives and one about-to-be ex-husband, to our annual Christmas Eve party. T has handcrafted her holiday lasagna, the making of which has been daunting simply to observe. In our small way, we’re continuing the tradition imported in 1949, when my father married Poppi and she brought with her from the Engadine the European habit of celebrating Noel on Christmas Eve, which continued through 2000, her last Christmas Eve on this mortal coil. We’ll be thinking of her, and my father, and my brother, and of all those family celebrations – some of which got pretty weird, let me tell you, such as the one when Joe Thomas showed up in a hard hat and workmen’s coveralls on which was stitched “Impeach Mayor Lindsay.” The tree was decorated with real, live candles, with Nick, our superintendent, and I standing by with fire extinguishers. They were occasions that in some years were approached with exhilaration and expectation, others with deepest foreboding, feelings that would enhance the enrichment that my parental and step-parental relationships would bring to at least two generations of Manhattan psychiatrists (if I ever write the memoir my children are pressing me to do, the chapter on a generic haut-WASP childhood will be called “Orphans with Parents”). Like the US Postal Service not rain nor snow nor tropical weather (I’m not counting the odd Christmas Eve in Jamaica: the traditional ackee brought to table made for an interesting spin on Dickens’s plum puddings) deterred us from making the trip out to Old Brookville, and nothing will replace in memory the look on the faces of wives #2 and #3 when their stepmother-in-law bestowed on them the gifts they had given her just the year before. She was the Leonardo da Vinci of regifting. Poppi believed in a regimen of, shall we say, Swiss conservatism when it came to expenditure; she was ever alert to a bargain, which led to such Yuletide joys as when all females present received “pashminas” that had clearly been bought on the street.  Still and all, none of us would exchange those memories for anything. And so, everyone, God bless us all – and God help us. I have a hunch we’re going to need Him.

 

1.Just one post today: a footnote/gloss on yesterday’s bit on what’s taking away the jobs that Trump is vainly (and in my view cynically) claiming to restore: http://www.nytimes.com/2016/12/21/upshot/the-long-term-jobs-killer-is-not-china-its-automation.html?rref=collection%2Fsectioncollection%2Fupshot&action=click&contentCollection=upshot&region=rank&module=package&version=highlights&contentPlacement=4&pgtype=sectionfront&_r=0

2/Well, just one more: ESSENTIAL INFORMATION! http://www.grubstreet.com/bestofnewyork/best-french-fries-nyc.html?mid=twitter_nymag

3.NYT Book Review has a big “books I liked” section that disgraces itself by including that pompous self-regarding asshole F. Zakaria, whose testimony is mostly about himself with a fleeting sidelong glance at Dostoyevski.

4. The great American art form: Usury. http://www.nytimes.com/2016/12/24/business/dealbook/private-equity-water.html?emc=edit_ta_20161224&nlid=2476992&ref=cta

 

 

 

 

 

 

12/23/16…Forget Christmas, forget New Year’s…it’s Trump minus 29 days…..

Last night the second of several family dinners, this time at a DELICIOUS Chinese restaurant,  Jan Lue Club on 20th just off 6th Ave, http://juelanclub.com/ There were twelve us at table. This installment of holiday heaven is organized by my ex-wife Wendell Giard and her husband George. In our family, divorce is only the beginning!

1. Good question to start the day: https://medium.com/mtracey/why-are-you-still-talking-about-hillary-clinton-c69d44ceea41#.yihf7pidr I might add that the liberal elites, including our current president, whose eight years of yadayada self-congratulatory posturing have produced little, are also absconding with great amounts of our aural energy with dire predictions of the dystopian future yet to come and the villainous character of his Cabinet appointments. I have known one of these for thirty years, and while he’s not someone I’d rush to go on a cruise with, he’s done a hell of a lot more for the economic health of the country, speaking both nationally and regionally, than the entire editorial staff of The Nation. Obama opened the door for McConnell and his obstructionist friends when, just two weeks after the 2008 election,  his transition team, headed by that idiot Podesta,  leaked that he would be appointing  Summers and Geithner to lead his economic team. The stock market responded with a 1000-point two-day spike, showing its belief as to whose side Obama was really  on. You can read all about it in FIXERS,  as you can about how it wasn’t just chronological coincidence that in the immediate wake of his wishy-washy inaugural address – you were hoping for FDR? I was! – the GOP got together and pledged to oppose the new president’s every initiative. We can take this guy, they realized; he’s just a hot-air balloon, an exponentiated campus politician. And so, in largest measure, has it proved.

As for Trump, I discuss him with our housekeeper, a person of color and an immigrant. As she puts it, “You never can tell, just wait and see.” All this pre-inaugural bellyaching, all these pronouncements for evil days to come that reek with Krugmanesque punditical certitude, are simply pitiful examples of what my late friend Liquor Jack was wont to describe as “leaving one’s fight in the locker room.”

2.This post from Politico’s “Morning Money” caught my eye:

“In the lessons learned category, MM regrets not focusing more on the difficulty of an incumbent party hanging onto the White House for a third consecutive term, even with an economy at nearly full employment and trending in the right direction. Clinton’s weakness at connecting with younger voters and working class whites also could have used more examination. And never again will we believe that [insert outrageous gaffe here] will finish a political candidate. Trump blew that all away. Not that anyone not named Trump could pull it off. But still …

In the spirit of the season, we here at MM are hoping for the best for an incoming administration that will face enormous challenges in actually delivering on the promise of a manufacturing renaissance in the industrial Midwest and more broadly shared growth. Best of luck also in reducing the trade deficit in the face of a surging dollar. But those are stories for next year.”

It caught my eye because it speaks for the elitist viewpoint, which means that it’s deeply stupid. “Full employment” treats human beings as a statistic. But shouldn’t we be concerned as whether our workforce, both on the job or looking for work, is fully employed – which begs the question of whether the work is useful, or productive. Is that a word we can attach to a roomful of MIT or CalTech computer science PhDs squinting at monitors as they try to come up with an app that will engage the fantasies of 8-year-olds? Isn’t the economic yardstick that matters a comparison of what people earn with what they owe, with what it costs to house oneself? There will be no “manufacturing renaissance.” Why? Because when once we feared Yeats’s “rough beast…slouching toward Bethlehem to be reborn” now we need to fear our own “shining robot…clanking toward (fill in place name) to take over.” Read about the robots that are being installed in Amazon’s fulfillment centers. The jobs they’re replacing are as likely to be in Monterrey as Milwaukee.  This has got me thinking about stupidity (the act of doing or saying something stupid), which – like victory – has many fathers. One, of course, is simple ignorance. But another, to which we may not pay as much attention as we should, is intellectual arrogance.

3, I’ve been searching for years for an antidote to the poetry of Jorie Graham. Sound like this might be it: http://www.slate.com/articles/arts/books/2016/12/hammer_is_the_prayer_by_christian_wiman_reviewed.html

 

 

 

12/22/16…Minus Four…

Three grandsons’ birthdays are now dealt with. How do you go broke? With three grandsons born within 24 hours of each other, slowly, then all at once!

2.FT interview with Nobel prize winner https://www.ft.com/content/bbf54b3e-c5f3-11e6-9043-7e34c07b46ef Of Obama, Deaton says, “The man has a lot of class. He may not have been a very effective president. But that’s beside the point now I guess.” That’s sort of my view, although mine is darker: I think O has squandered the greatest opportunity to set the country to rights that was ever vouchsafed a president-elect. And now we’ve ended up beached on the littoral of his conceit.

Speaking of which: https://www.theatlantic.com/politics/archive/2016/12/obamas-failure-to-mitigate-americas-foreclosure-crisis/510485/

3. Interesting perspectives from smart people. https://www.ineteconomics.org/perspectives/blog/chanos-is-a-big-change-in-global-capitalism-underway  AND: http://ritholtz.com/2016/12/amazon-the-disruptor/