This “glide path” was forecast in George W. Bush’s Feb. 28th, 2001 budget, A Blueprint for New Beginnings; A Responsible Budget for America’s Priorities.
The centerpiece of the legislation was a $1.35 trillion tax cut over 10 years which was signed into law on June 7, 2001. This cut was supposed to spur growth and thus increase federal revenues in spite of the tax cut (sound familiar?)
The exact wording from Blueprint for New Beginnings:
Over the next 10 years, the Federal Government is projected to collect $28 trillion in revenues from American taxpayers. The President’s Budget devotes roughly $22.4 trillion to extend the Government we have today, including the President’s new initiatives. This leaves a $5.6 trillion surplus. The President’s Budget takes a cautious approach to allocating this staggering sum, starting by saving the entire Social Security surplus—nearly 50 percent of the total surplus—for Social Security and debt retirement. None of the Social Security surplus will be used to fund other spending initiatives or tax relief.
By devoting these revenues to debt retirement, the Nation will be able to pay off all the debt that can be redeemed—an historic $2 trillion reduction in debt over the next 10 years. The only remaining debt will be those securities with maturity dates beyond 2011. In all likelihood, American taxpayers would have to spend an additional $50 to $150 billion in bonus payments to bondholders to accelerate the repayment of those notes, a wasteful and senseless transaction. It makes more sense to allow the securities to mature naturally, leaving the Nation on a glide path to zero debt post 2011.
By 2011, Federal debt will have fallen to only seven percent of GDP—its lowest level in more than 80 years. Net interest payments on this debt will be less than 0.5 percent of GDP, less than one quarter of today’s share and only three percent of the budget. This represents a great national achievement.
Meanwhile, the threat of recession intervened, and the Federal Reserve ratcheted down interest rates. America went on a borrowing and speculation binge, focused on real estate and the building industry. Government, Wall Street and Main Street were all complicit, greedy investors buying up “investment property,” Wall Street packaging them as “risk-free” CMO’s, and homeowners indulging in the practice of using their homes as a piggy bank, with exotic no money down, no initial interest payment loans, the repayment of which was dependent on future appreciated real estate values. At the same time we continued to outsource our manufacturing capabilities to China and other emerging economies. Why work when Utopia could be achieved by merely borrowing?
So returning to the halcyon Blueprint for New Beginnings, another lesson to be learned from China: "Forecasting is difficult, especially about the future.” This is why the brinksmanship of raising the debt limit is such political grandstanding. Where was the outcry about the buildup of the national debt during the Bush years or holding Congress accountable for the failure of Blueprint for New Beginnings? While the stock market was climbing to new highs by 2007 and real estate prices were soaring, making homeowners and investors feel (not be) wealthy, not one peep about the national debt. We were borrowing against the future.
Depending on how one defines accountability to an administration (which takes control in late January every four years, but really does not have much impact until at least the end of the following Sept. 30 fiscal year), one could argue that Bush administrations were responsible for about a $6 trillion increase in National Debt (9/30/2001 - 9/30/2009) and the Obama administration for about $2.5 trillion thus far. (See this link for historical figures.)
Of course, debt growth has been more dramatic over the last few years (including the final year of the Bush administration) as Keynesian spending of “saving the world” from a depression soared. In spite of that spending, economic growth has been slow, unemployment persistently high, and real estate and associated industries remain in the doldrums.
These are the serious issues, as well as the national debt, which must be addressed. While I am the first to argue for fiscal responsibility, a balanced budget cannot be achieved overnight and cannot be achieved without some revenue increases via taxes. The best argument against pinning hopes that spending cuts, alone, will achieve a balanced budget is simply to reread Blueprint for New Beginnings. Allowing the US to default on its debt is a hopelessly reckless option.
PS: An interesting follow up to the above published by Bloomberg news two days later.
Sunday, July 24, 2011
Monday, July 18, 2011
Four Days in Sicily
Ann has been visiting her best friend in Palermo, Sicily, for nearly 40 years now. Through her eyes, I felt as if I had experienced Sicily although I was there once, but only for a day in Messina while on a cruise of the Mediterranean. This year was different. She would be visiting as usual, for three weeks, but I would join her for the last four days to attend her best friend’s sons’ wedding. We’ve known David since he was born – in fact he was born in the US as his parents wanted him to have dual citizenship.
In my younger years, I thought little about a four day international trip, so in retrospect perhaps I should have gone on a more leisurely pace. I paid for my mistake by contracting a chest infection from flying so many hours, in such a short period of time, culminating in a flight from hell on my return. There are no direct flights between Palermo and Miami.
But before Ann left, while I was doing some preliminary packing for the trip, I had to debate with my wife about what I was to wear to the wedding. She wanted me to get a new suit, my best formal suit being some twenty-five years old, along with my wing tip shoes of the same vintage. I was admonished that the wedding guests would consist of many sartorially splendid young professionals, as well as an older crowd of men in beautifully crafted Italian suits and I would look like a relic from a pre-iPad stone age. But I am a relic I complained, and the suit is in great shape -- the one I now wear mostly to funerals but occasional weddings as well. And, from a vanity perspective, the suit still fits me perfectly in every way since I’ve gained no weight in all those succeeding years. I have it (and it looks good so I thought) so why not flaunt it?
I won that battle, packed the suit and the old wing tips and was set to go. But there is a strange coincidence regarding the suit, the occasion, my recovery from recent, very serious surgery, and being surrounded by the beauty of Sicily and the Mediterranean during this four day whirlwind trip.
Indeed I discovered that the last time I wore the suit was to a funeral of a friend who had died in October 2007. (Has it been that long since I needed the suit?) Surviving the dry cleaning was a card that was given to each of us at the funeral. I found it in my inside pocket as we were waiting at the reception for the festivities to begin. It was a passage from Marlena de Blasi's A Thousand Days in Tuscany. It gave me chills reading it once again, as if a bridge had been formed from the funeral in the US four years earlier, to this beautiful occasion in Palermo, Sicily: Maybe the only thing that matters is to make our lives last as long as we do. You know, to make life last until it ends, to make all the parts come out even, like when you rub the last piece of bread in the last drop of oil on your plate and eat it with the last sip of wine in your glass.
Day 1
I arrived in Palermo in the late morning after making the connection from Rome after an all
night flight. Little sleep was to be had on the flight so I was sort of a somnambulist, collecting my luggage (which miraculously arrived without my intervention in Rome), and seeing the groom’s parents, Beny and Maria, standing peering over others’ heads at international arrivals. I was warmly greeted by our old friends and Ann of course who was relieved to see that I looked so well after 14 hours of travel. I was whisked off to their Swim Club in Mondello for lunch, just a 15 minute ride from their apartment in Palermo. This was the day before the wedding and I thought it was very considerate of them to squeeze me into what would be a day of some anxiety. The wedding was going to be large and elaborate and the parents of the bride (Marianna) and groom (David) participated in the careful planning of the event.
In my younger years, I thought little about a four day international trip, so in retrospect perhaps I should have gone on a more leisurely pace. I paid for my mistake by contracting a chest infection from flying so many hours, in such a short period of time, culminating in a flight from hell on my return. There are no direct flights between Palermo and Miami.
But before Ann left, while I was doing some preliminary packing for the trip, I had to debate with my wife about what I was to wear to the wedding. She wanted me to get a new suit, my best formal suit being some twenty-five years old, along with my wing tip shoes of the same vintage. I was admonished that the wedding guests would consist of many sartorially splendid young professionals, as well as an older crowd of men in beautifully crafted Italian suits and I would look like a relic from a pre-iPad stone age. But I am a relic I complained, and the suit is in great shape -- the one I now wear mostly to funerals but occasional weddings as well. And, from a vanity perspective, the suit still fits me perfectly in every way since I’ve gained no weight in all those succeeding years. I have it (and it looks good so I thought) so why not flaunt it?I won that battle, packed the suit and the old wing tips and was set to go. But there is a strange coincidence regarding the suit, the occasion, my recovery from recent, very serious surgery, and being surrounded by the beauty of Sicily and the Mediterranean during this four day whirlwind trip.
Indeed I discovered that the last time I wore the suit was to a funeral of a friend who had died in October 2007. (Has it been that long since I needed the suit?) Surviving the dry cleaning was a card that was given to each of us at the funeral. I found it in my inside pocket as we were waiting at the reception for the festivities to begin. It was a passage from Marlena de Blasi's A Thousand Days in Tuscany. It gave me chills reading it once again, as if a bridge had been formed from the funeral in the US four years earlier, to this beautiful occasion in Palermo, Sicily: Maybe the only thing that matters is to make our lives last as long as we do. You know, to make life last until it ends, to make all the parts come out even, like when you rub the last piece of bread in the last drop of oil on your plate and eat it with the last sip of wine in your glass.
Day 1
I arrived in Palermo in the late morning after making the connection from Rome after an all
night flight. Little sleep was to be had on the flight so I was sort of a somnambulist, collecting my luggage (which miraculously arrived without my intervention in Rome), and seeing the groom’s parents, Beny and Maria, standing peering over others’ heads at international arrivals. I was warmly greeted by our old friends and Ann of course who was relieved to see that I looked so well after 14 hours of travel. I was whisked off to their Swim Club in Mondello for lunch, just a 15 minute ride from their apartment in Palermo. This was the day before the wedding and I thought it was very considerate of them to squeeze me into what would be a day of some anxiety. The wedding was going to be large and elaborate and the parents of the bride (Marianna) and groom (David) participated in the careful planning of the event.
The Club CanottierReggere di Lauria is right on the Mediterranean, the seas and the beautiful day demanding careful attention. We sat outside of course and had, what else, fresh seafood, along with the obligatory pasta. It was to be the first of several extraordinary meals over the next several days.
Ann as always had been staying with our friends before my arrival, but now the time had come to check into our hotel, the Garibaldi in the heart of Palermo, highly recommended. By the late afternoon, my head had caught up with the time change and lack of sleep so Ann and I went for an early dinner at a local restaurant where we had, again, fish. I loved the fresh fish in Sicily, not to mention their bread.
Day 2
The next day was the wedding and with the help of an Ambien the evening before, I got a full night’s sleep and we prepared for the wedding in the afternoon. The hotel serves a delightful breakfast for its guests, a little like a cross between a hotel and a B&B.
Several vans were sent to collect us, including several other guests from the Hotel, and in one of those was Maria’s family from the States, her two brothers, Jerry and Peter, with Peter’s wife (also Maria) and their twin boys and two girls. We were to be with the family during the ensuing celebration, a place of honor, and where we wanted to be as we’ve known Maria’s brothers since they were youngsters, Ann having first met Maria when she was 17.
The trip to the church was eventful, reminding me a little of traveling in Japan where even the locals have difficulty locating their destinations. Our van driver arrived at a church, and while it fit the bill of an old 16th century antique church, it was not ours! But we were in the vicinity of the right church, we were assured. After a few frantic cell phone calls, a couple of U turns and some conferencing between van drivers, we arrived at a small road adjacent to the first church and luckily arrived at the wedding only fifteen minutes before the ceremony.
The church was regal in its simplicity with catacombs under the floor, the crypts being marked by various images including the skull and crossbones at our very feet. While I did not understand one word of the priest or the participants, the wedding had the feel of other Catholic weddings we had attended, and the priest obviously knew Marianna and David and his warmth towards them shone through. It was touching and to see David married, knowing him since he was an infant, a special moment for us.
From there we returned to Beny and Maria’s home to relax along with the bride’s parents, Nancy and Vito, enjoying a cool drink and sitting out on the terrace while waiting for the wedding reception which was to begin around 7 in the evening, some 45 minutes outside of Palermo. The bride’s parents finally left to pick up their friends and we drove with Beny and Maria to Torre Ciachea, a private, castle-like Villa which is available only one day a month for special occasions. Its outer court yards with its fountains and 
landscaping are ideally suited for guest’s arrival and serving appetizers and drinks while the inner courtyard was set up with beautiful tables prepared for dinner.
The gardens surrounding this Villa high above the Mediterranean made a perfect setting, the presentation of the food a work of art and from appetizers to the main course, fish, fish, fish, all freshly caught. We sat with Maria’s family, and her sister-in-law, another Maria who is a professional singer, an interpreter of the Great American Songbook, happens to be one of the best I have ever heard and finally she was entreated to join the band, singing several songs. If it were not for the fact that the band was not totally familiar with much of her music, she would not have been allowed to leave the stage. Her voice and interpretation of those songs are as beautiful as she.
It would be a late night. Much later than my jet lagged body would be able to endure. Luckily at around midnight, our friends found us a ride back to our hotel with a woman she used to work with at the British Embassy when Maria went to Sicily some 40 years ago. The festivities went on well into the night.
Day 3
The next day we slept late but found a wonderful double-decker bus tour of Palermo right outside of our Hotel. The one in the morning took us through the old part of the city and in the afternoon, after another wonderful al fresco lunch, we were driven around the more modern part of Palermo. Ann said that in spite of having visited Palermo for so many years, she had never done this. What
immediately must strike any visitor to this country are the outstanding influences of so many conquering civilizations throughout history. Everyone in fact seems to have invaded Sicily at one time or another, the Romans, the Byzantine, Greeks, Islamic, and the Catalan to name but a few. Riding through the streets of Palermo also reminded me of George Patton’s drive into those same streets in August of 1943 so wonderfully portrayed by George C. Scott in the movie, “Patton”, even though the shots of 
Sicily were recreated and filmed in southern Spain. Between tours we had a wonderful local lunch (fish). After the last tour we went back to the restaurant from our first night, a sidewalk café, a perfect evening, pasta, the local bread and wine, and of course, more fish!
Day 4
Our last full day was to be a special one, a visit to the town of Maria’s birth, the fishing village of Castellammare del Golfo, “castle (on the) sea) of the Gulf” which indeed has a medieval fortress of castle proportions, and a harbor where fisherman practice their craft as they have done since time immemorial. As this was two days removed from the wedding, we were fortunate that Beny
and Maria felt up to acting as tour guides. Ann has been there many times of course, but as it was my first visit, they wanted to make it something very special. One only has to be there, taking in the natural beauty to make it so. For me it was particularly moving as I love the sea, have heard about the town for so long, and after surviving my health issues, I was fortunate to just BE.
Naturally, a day by the sea would not be complete without lunch by the sea and for that we travelled to nearby Scopello overlooking the Mediterranean. If it were not for the fact that the narrow little streets hardly accommodated our car for parking, it would have been a perfect
afternoon. Poor Beny had to maneuver his vehicle in tight spots on steep grades.We returned to Palermo, Ann and I bidding our friends adieu for the evening, having dinner at a nearby restaurant – Sicilian pizza for our last night – then packing and getting to bed for a very early morning flight to Rome but with different flights back to Miami, mine arriving four hours earlier, waiting for her as I had left my car at the airport. Luckily I found a quiet place between terminals at the airport where I could close my eyes after a nightmare flight on Alitalia. Ann’s plane (from Barcelona after a connection from Rome) arrived a half hour early so I was grateful to see her sooner than expected at International arrivals. We found our car and returned home, she after weeks in Sicily with her dearest friend and me after four wonderful whirlwind days.
Crow Island Raft Up
Since I seem to be on boating themes, might as well cover a beautiful day and evening at our anchorage off the Norwalk Islands, just this past weekend.
Various boats belonging to many of our long-time friends, along with our boat, Swept Away, tied to Last Dance, gathered for a perfect boating rendezvous. Relatively light winds guaranteed a calm overnight at the anchorage. Cocktails for all were on the cockpit of Last Dance. Our boat is in the background. Front row, left to right, Tom, Claudia, Chuck, me, Susie. Back row, Cathy, John, Myrna, Cindy, Ray, Ann, Norm, Dee, Steve. Photograph courtesy of Cindy’s iPhone and our son, Jonathan, the photographer, and thus not pictured.
Various boats belonging to many of our long-time friends, along with our boat, Swept Away, tied to Last Dance, gathered for a perfect boating rendezvous. Relatively light winds guaranteed a calm overnight at the anchorage. Cocktails for all were on the cockpit of Last Dance. Our boat is in the background. Front row, left to right, Tom, Claudia, Chuck, me, Susie. Back row, Cathy, John, Myrna, Cindy, Ray, Ann, Norm, Dee, Steve. Photograph courtesy of Cindy’s iPhone and our son, Jonathan, the photographer, and thus not pictured.
Friday, July 15, 2011
Block Island July 4 Weekend
Gone, but not forgotten, Block Island days.
My friend Cathy, through her friend Richard Lemish, forwarded a reminder of our earlier boating years, when our families were young and our appetite for adventure and carousing knew no bounds. Here is a view of Block Island boating life during the past 4th of July holiday looking north from “dingy beach” over New Harbor showing a huge 18 boat raft as well as smaller raft ups, at anchor. Imagine being the first boat at the dock in a raft, people crawling over your boat in the middle of the night to get on and off. How did we put up with that? We were young.
My friend Cathy, through her friend Richard Lemish, forwarded a reminder of our earlier boating years, when our families were young and our appetite for adventure and carousing knew no bounds. Here is a view of Block Island boating life during the past 4th of July holiday looking north from “dingy beach” over New Harbor showing a huge 18 boat raft as well as smaller raft ups, at anchor. Imagine being the first boat at the dock in a raft, people crawling over your boat in the middle of the night to get on and off. How did we put up with that? We were young.
Friday, July 1, 2011
A Meaningful Life
We just returned from Sicily where we attended the wedding of the son of my wife's best friend, Maria. In fact, Ann had been visiting two weeks before my arrival and when I arrived for my brief four day stay, we took residence in an ideally situated downtown hotel in Palermo so I could squeeze some sightseeing of the city as well. The wedding was held in a Palermo church constructed in the 16th century and then we went to a reception at a private castle-like Villa on the Mediterranean outside of Palermo. I'll write more about this experience when I have a chance to work on the photographs, so consider this Part I which is mostly about the book I read on the plane, a flight from hell (Miami to Rome to Palermo) on Alitalia, perhaps the worse airline ever. It starts with their web site which has no record locator, no means of choosing seats, everything must be done by phone with harassed agents whose main job is to dismiss the call as quickly as possible.
During my working days, I regularly flew business or first class, so finding myself in today's economy class on an eleven hour flight with screaming babies, half dressed people, and four rest rooms for the entire economy class, came as a shock and gave new meaning to the word squalor. Diapers were being changed on nearby seats with all the attendant odors helping to create an excruciating environment. Towards the end of the flight some lavatories were unusable as whatever didn't fit into the toilet wound up on the floor. The food was indecipherable at times. I recognized my pasta "dinner," but the "snack" before landing was some sort of a gooey bread, with a kind of cheese and onions baked on top served without utensils. Who cares, wipe your hands on your seat, if you can find a spot as it must be the smallest seat and space of any airline's economy class . I've had flights on commuter airlines with more space. No seating etiquette as well, as the person in front of me took it upon himself to recline all the way, leaving the tray nearly in my chin.
Fortunately, I packed my noise cancelling headphones with my iTouch and listened to music the
entire flight as I read a recently reissued novel, A Meaningful Life by L.J. Davis originally published in 1971. This is a forgotten classic, the kind I used to seek when I was in the reprint business, my major find having been Richard Yates' Revolutionary Road. Kudos to the New York Review of Books for discovering this one.
Two years ago I reviewed Sam Savage's The Cry of the Sloth and I have to wonder whether Savage had read Davis' A Meaningful Life. The two protagonists seem to be the same person confronting the dilemma of "a meaningless life." At the time, I said Savage portrays an inexorable path for our protagonist, a fascinating, tragicomic portrait of isolation and personal failure, in the tradition of Gogol and Kafka." Davis did the same for his protagonist, Lowell Lake, more than thirty years earlier. A Meaningful Life is written in the finest tradition of the black comedy and I think if Woody Allen and Franz Kafka teamed up, this could have been their collaboration.
The novel is set in my familiar 1960's, the same decade I married my first wife while we were still in college and lived in Brooklyn. Hopefully, that is the only similarity between Mr. Lake and myself. Lowell drifts into marriage in college, gives up his scholarship to graduate school, mostly to show his new wife that he is in charge of their lives and to prove it further, decides to move from California to New York City, where he will write a novel and she will work, over her objections (knowing Lowell to be unrealistic). His wife's mother also objects to Lowell right at the start (he's not Jewish; her daughter is). Her father simply entreats Lowell to call him Leo and that is about the extent of their relationship. Early in the novel Lowell fantasizes his future life as being a subject for the law and at the end this fear rears its head again. Davis' description of Lowell's wedding pretty much sets the timbre of the writing:
"The moment Lowell took his place at the altar, a fog of terror blew into his mind and few things sufficiently penetrate its veil to be remembered with any clarity afterward. He hadn't been nervous that his voice would break or that he would fart loudly -- but he was scared now, and scared he remained. He was changing his status in the community of man. He was in the hopper of a great machine and he could no more get them to turn it off than a confessed and proven murderer could change his mind about his trail...The law had him and there was no way out, or least not a nice or easy one: it was a matter for judges and courts, his wife testifying about the length of his prick and the dirty things he whispered in her ear when he was drunk ...the judge scolding him, alimony; he could see it all. The other way out was murder or moving secretly to another town, changing your name, losing all your friends, denying all your accomplishments, a kind of suicide....He was going to be a grown up now, and there was no stopping it."
On their drive to New York, he makes a wrong turn and winds up in Brooklyn, foreshadowing Lowell's eventual involvement in the borough. But before that denouement they endure nine years of "marriage," Lowell at first "working" on his novel, which turns mostly to gibberish and both Lowell and his wife retreat to drinking when his wife daily returns from work. Their days are filled with the details of living, more like surviving, watching sitcoms, drinking, while Lowell slides down the vortex of a meaningless life, without any purpose. Why even dress?
"At the end of six months his wife systematically began to throw away his clothes. True, his clothes were showing a few signs of wear; Lowell had never been particularly interested in clothing, bought it as seldom as possible, and wore it as long as he could, often developing a stubborn affection for certain items. It was also true that his underwear was a disgrace, his Jockey shorts hanging in soft tatters and his undershirts so full of holes that wearing them was nothing but a formality; on the other hand, it was kind of startling to go to the suitcase that served him in lieu of a bureau and find that his possessions had been weeded again, the supply growing shorter and shorter as the days wore on, the time fast approaching when he would go to his suitcase and it would be empty. Worse than that, it was kind of sinister to have laid out your shirt and pants before going to bed and then wake up to find one or the other of them gone, the contents of its pockets heaped up on the table beside the typewriter. He always intended to buy replacements, but he never got around to it, and meanwhile no amount of grumbling would make his wife stop. She had a case and he didn't, and that was that; his clothes were really wearing out-perhaps not quite as fast as they were being thrown out, but that was purely conjectural and largely in the eye of the beholder, especially when it came to arguing about it-and he really did forget to buy new ones, so when you came right down to it, he had no one to blame for his impending nudity but himself. If a kinder fate had not intervened, it was altogether possible that Lowell would soon have been totally naked, hovering thin and birdlike and obsessed above the typewriter like some kind of crackpot anchorite. Although this state of affairs would have precluded ever leaving the apartment again, at least alive, that would have been all right too."
Reaching the bottom, he symbolically fears he does not even exist. His wife was to blame once again in his mind, a mind now totally disheveled and lack of purpose:
"One day, in going over his papers, he discovered that his wife had thrown out his birth certificate. There was no proof that she had done so, but the damn thing was gone, and he knew instinctively what had happened to it. It was a blue piece of crackly paper with all of Lowell's statistics arranged in graceful script above a gold medallion and the signatures of the delivering physician, the resident, and the director of the hospital, just like a diploma. It not only proved that he had been born, but the fact that he possessed it proved that he was a grown-up....He rifled the shoebox where these things were kept, he scoured the room, searched the wastebasket and then the garbage cans outside, but it was nowhere to be found. His wife had thrown it away, just as she occasionally threw away scraps of paper on which he'd scribbled some important thought. It was gone."
Finally, Lowell admits to himself that his "novel" is nothing but a means of passing time with booze. Through the shadowy connection of an "Uncle Lester" -- his wife's uncle -- he gets a job as a copywriter for a plumbing trade journal, neither knowing anything about plumbing, nor having any interest in the subject. He took the job with the understanding (his, not his employer's) that it would only be temporary (sort of like his life itself). As soon as he got the job, "his wife settled down almost as if a wand had been waved over her, bought a black garter belt, and never chewed gum again."
But after nine years of marriage (Davis describes their marriage as a cross between Long Day's Journey Into the Night and Father Knows Best), his life amounted to "an endless chain of days, a rosary of months, each as smooth and round as the one before, flowing evenly through his mind. You could count on the fingers of one hand the events and pauses of all that time: two promotions; two changes of apartment (each time nearer the river); a trip to Maine, where he realized that his wife's legs had gotten kind of fat-five memories in nine years, each no more than a shallow design scratched on a featureless bead. It was life turned inside out; somewhere the world's work was being done and men were laboring in the vineyards of the Lord, Khrushchev was being faced down on the high seas, and Negroes were being blown up and going to jail, but all Lowell did was change his apartment twice, tell his wife to put on some pants, and get promoted faster than anybody else on the paper -- a tiny, dim meteor in an empty matchbox."
But at this time Lowell discovers the biography of Darius Collingwood, a tycoon and ruthless raconteur of the 19th century, a person as opposite of the passive Lowell as one can be. He becomes mesmerized by his life, especially by the discovery that Collingwood had built a mansion in Brooklyn, one that was for sale in the Fort Green/Bedford Stuyvesant section of Brooklyn, which in the 1960's looked more like Berlin at the end of WWII. Vagrants, bums, and all sorts of unsavory figures occupied empty disintegrating buildings. Lowell becomes fixated on buying the old Colingwood mansion and renovating it, not knowing anything about real estate, carpentry, plumbing, electrical repairs and with some savings he had secretly put aside from his "work" he plunges into a nightmarish version of Mr. Blandings Builds His Dream House.
The real estate closing with a "Mr. Grossman," the seller, reveals his ignorance:
"[He never did]... get to see Mr. Grossman, who was represented at the closing by a lawyer of such intimidating respectability that he made Lowell feel like some kind of meek crook whenever he spoke to him. Sometimes Lowell wondered if Mr. Grossman existed at all, if he wasn't the creation of real-estate interests, doing voice imitations over the phone in order to collect rents and fight off city agencies and sell houses to people like Lowell. Anything seemed possible, even probable. Sitting there in the lawyer's office above Court Street with sleet rattling on the windows, money changing hands, and a great deal of incomprehensible but threatening nonsense going on all around him, he felt like a mental defective on trial for rape and witchcraft: he couldn't understand a word of it, but he had the distinct feeling that it would not end well. Papers were produced and signed; Lowell wrote checks, and they were taken from him; men conferred in glum, hushed voices with their heads close together, continually referring to Lowell as 'him.'"
So, with the first found enthusiasm of his life, Lowell begins work on his crumbling edifice.. He evicts the squatters in the home. He buys tools. He has them stolen. He buys books about renovation and understands little. He seeks out a neighbor who had renovated a similar property (unsuccessfully) for suggestions. He is demonically watched by the so called residents in those slums. His wife helps for a while, but then goes to her mother's, but returns to their apartment where she lives a chaotic life. He finally gets to the point that he has to hire a contractor but only two show up to quote, the first of whom just walks out and the second, a Trinidadian by the name of Cyril P. Busterboy who agrees to take on the job with his crew. Lowell calls him Mr. Busterboy. Mr. Busterboy calls him Mr. Lake. Gradually Lake hangs around Busterboy and his crew, buying them beers and most of the work stops as they all get drunk during the day. Lowell is so drunk one night he sleeps in the remains of the building's master bedroom, on a tarp on the floor, hears a noise downstairs and confronts a shadowy figure. Lowell, with a crowbar in hand, and still in a drunken stupor, successfully bashes the intruder's head in like a crushed watermelon. He deposits the body in the dumpster and throws other trash over the body, leaving blood all over the room. The dumpster is picked up in the morning, Lowell convinced the police will come, but no one misses the intruder whose life was obviously as meaningful as Lowell's. Mr. Busterboy tells him not to worry, that his men will clean up the blood. This is covered over with sterile new plaster. He loses the house, but does not care, "contemplating a future much like his past, he realized that it was finally too late for him."
Although a literary work, it is more a profoundly disturbing philosophical piece. How does one define a "meaningful life?" Lowell is a caricature in the extreme, simply being swept along by forces over which he has little control and when he does participate in the decision making, he inevitably makes the wrong ones, not realizing consequences. He simply has no interests, and therefore no real friends. Time erases all, but Davis' novel is a reminder to find one's passion -- and for most people that means meaningful work, or an avocation, something Lowell miserably fails at. Depressing? Yes, but Davis sees it as the modern dilemma.
More on Sicily later. But, as a preview, a panoramic view of Castellammare del Golfo, outside of Palermo, the birthplace of our friend, Maria. There fishermen gather to pursue their livelihoods as they have done for centuries, work and camaraderie providing a meaningful life.
During my working days, I regularly flew business or first class, so finding myself in today's economy class on an eleven hour flight with screaming babies, half dressed people, and four rest rooms for the entire economy class, came as a shock and gave new meaning to the word squalor. Diapers were being changed on nearby seats with all the attendant odors helping to create an excruciating environment. Towards the end of the flight some lavatories were unusable as whatever didn't fit into the toilet wound up on the floor. The food was indecipherable at times. I recognized my pasta "dinner," but the "snack" before landing was some sort of a gooey bread, with a kind of cheese and onions baked on top served without utensils. Who cares, wipe your hands on your seat, if you can find a spot as it must be the smallest seat and space of any airline's economy class . I've had flights on commuter airlines with more space. No seating etiquette as well, as the person in front of me took it upon himself to recline all the way, leaving the tray nearly in my chin.
Fortunately, I packed my noise cancelling headphones with my iTouch and listened to music the
entire flight as I read a recently reissued novel, A Meaningful Life by L.J. Davis originally published in 1971. This is a forgotten classic, the kind I used to seek when I was in the reprint business, my major find having been Richard Yates' Revolutionary Road. Kudos to the New York Review of Books for discovering this one.Two years ago I reviewed Sam Savage's The Cry of the Sloth and I have to wonder whether Savage had read Davis' A Meaningful Life. The two protagonists seem to be the same person confronting the dilemma of "a meaningless life." At the time, I said Savage portrays an inexorable path for our protagonist, a fascinating, tragicomic portrait of isolation and personal failure, in the tradition of Gogol and Kafka." Davis did the same for his protagonist, Lowell Lake, more than thirty years earlier. A Meaningful Life is written in the finest tradition of the black comedy and I think if Woody Allen and Franz Kafka teamed up, this could have been their collaboration.
The novel is set in my familiar 1960's, the same decade I married my first wife while we were still in college and lived in Brooklyn. Hopefully, that is the only similarity between Mr. Lake and myself. Lowell drifts into marriage in college, gives up his scholarship to graduate school, mostly to show his new wife that he is in charge of their lives and to prove it further, decides to move from California to New York City, where he will write a novel and she will work, over her objections (knowing Lowell to be unrealistic). His wife's mother also objects to Lowell right at the start (he's not Jewish; her daughter is). Her father simply entreats Lowell to call him Leo and that is about the extent of their relationship. Early in the novel Lowell fantasizes his future life as being a subject for the law and at the end this fear rears its head again. Davis' description of Lowell's wedding pretty much sets the timbre of the writing:
"The moment Lowell took his place at the altar, a fog of terror blew into his mind and few things sufficiently penetrate its veil to be remembered with any clarity afterward. He hadn't been nervous that his voice would break or that he would fart loudly -- but he was scared now, and scared he remained. He was changing his status in the community of man. He was in the hopper of a great machine and he could no more get them to turn it off than a confessed and proven murderer could change his mind about his trail...The law had him and there was no way out, or least not a nice or easy one: it was a matter for judges and courts, his wife testifying about the length of his prick and the dirty things he whispered in her ear when he was drunk ...the judge scolding him, alimony; he could see it all. The other way out was murder or moving secretly to another town, changing your name, losing all your friends, denying all your accomplishments, a kind of suicide....He was going to be a grown up now, and there was no stopping it."
On their drive to New York, he makes a wrong turn and winds up in Brooklyn, foreshadowing Lowell's eventual involvement in the borough. But before that denouement they endure nine years of "marriage," Lowell at first "working" on his novel, which turns mostly to gibberish and both Lowell and his wife retreat to drinking when his wife daily returns from work. Their days are filled with the details of living, more like surviving, watching sitcoms, drinking, while Lowell slides down the vortex of a meaningless life, without any purpose. Why even dress?
"At the end of six months his wife systematically began to throw away his clothes. True, his clothes were showing a few signs of wear; Lowell had never been particularly interested in clothing, bought it as seldom as possible, and wore it as long as he could, often developing a stubborn affection for certain items. It was also true that his underwear was a disgrace, his Jockey shorts hanging in soft tatters and his undershirts so full of holes that wearing them was nothing but a formality; on the other hand, it was kind of startling to go to the suitcase that served him in lieu of a bureau and find that his possessions had been weeded again, the supply growing shorter and shorter as the days wore on, the time fast approaching when he would go to his suitcase and it would be empty. Worse than that, it was kind of sinister to have laid out your shirt and pants before going to bed and then wake up to find one or the other of them gone, the contents of its pockets heaped up on the table beside the typewriter. He always intended to buy replacements, but he never got around to it, and meanwhile no amount of grumbling would make his wife stop. She had a case and he didn't, and that was that; his clothes were really wearing out-perhaps not quite as fast as they were being thrown out, but that was purely conjectural and largely in the eye of the beholder, especially when it came to arguing about it-and he really did forget to buy new ones, so when you came right down to it, he had no one to blame for his impending nudity but himself. If a kinder fate had not intervened, it was altogether possible that Lowell would soon have been totally naked, hovering thin and birdlike and obsessed above the typewriter like some kind of crackpot anchorite. Although this state of affairs would have precluded ever leaving the apartment again, at least alive, that would have been all right too."
Reaching the bottom, he symbolically fears he does not even exist. His wife was to blame once again in his mind, a mind now totally disheveled and lack of purpose:
"One day, in going over his papers, he discovered that his wife had thrown out his birth certificate. There was no proof that she had done so, but the damn thing was gone, and he knew instinctively what had happened to it. It was a blue piece of crackly paper with all of Lowell's statistics arranged in graceful script above a gold medallion and the signatures of the delivering physician, the resident, and the director of the hospital, just like a diploma. It not only proved that he had been born, but the fact that he possessed it proved that he was a grown-up....He rifled the shoebox where these things were kept, he scoured the room, searched the wastebasket and then the garbage cans outside, but it was nowhere to be found. His wife had thrown it away, just as she occasionally threw away scraps of paper on which he'd scribbled some important thought. It was gone."
Finally, Lowell admits to himself that his "novel" is nothing but a means of passing time with booze. Through the shadowy connection of an "Uncle Lester" -- his wife's uncle -- he gets a job as a copywriter for a plumbing trade journal, neither knowing anything about plumbing, nor having any interest in the subject. He took the job with the understanding (his, not his employer's) that it would only be temporary (sort of like his life itself). As soon as he got the job, "his wife settled down almost as if a wand had been waved over her, bought a black garter belt, and never chewed gum again."
But after nine years of marriage (Davis describes their marriage as a cross between Long Day's Journey Into the Night and Father Knows Best), his life amounted to "an endless chain of days, a rosary of months, each as smooth and round as the one before, flowing evenly through his mind. You could count on the fingers of one hand the events and pauses of all that time: two promotions; two changes of apartment (each time nearer the river); a trip to Maine, where he realized that his wife's legs had gotten kind of fat-five memories in nine years, each no more than a shallow design scratched on a featureless bead. It was life turned inside out; somewhere the world's work was being done and men were laboring in the vineyards of the Lord, Khrushchev was being faced down on the high seas, and Negroes were being blown up and going to jail, but all Lowell did was change his apartment twice, tell his wife to put on some pants, and get promoted faster than anybody else on the paper -- a tiny, dim meteor in an empty matchbox."
But at this time Lowell discovers the biography of Darius Collingwood, a tycoon and ruthless raconteur of the 19th century, a person as opposite of the passive Lowell as one can be. He becomes mesmerized by his life, especially by the discovery that Collingwood had built a mansion in Brooklyn, one that was for sale in the Fort Green/Bedford Stuyvesant section of Brooklyn, which in the 1960's looked more like Berlin at the end of WWII. Vagrants, bums, and all sorts of unsavory figures occupied empty disintegrating buildings. Lowell becomes fixated on buying the old Colingwood mansion and renovating it, not knowing anything about real estate, carpentry, plumbing, electrical repairs and with some savings he had secretly put aside from his "work" he plunges into a nightmarish version of Mr. Blandings Builds His Dream House.
The real estate closing with a "Mr. Grossman," the seller, reveals his ignorance:
"[He never did]... get to see Mr. Grossman, who was represented at the closing by a lawyer of such intimidating respectability that he made Lowell feel like some kind of meek crook whenever he spoke to him. Sometimes Lowell wondered if Mr. Grossman existed at all, if he wasn't the creation of real-estate interests, doing voice imitations over the phone in order to collect rents and fight off city agencies and sell houses to people like Lowell. Anything seemed possible, even probable. Sitting there in the lawyer's office above Court Street with sleet rattling on the windows, money changing hands, and a great deal of incomprehensible but threatening nonsense going on all around him, he felt like a mental defective on trial for rape and witchcraft: he couldn't understand a word of it, but he had the distinct feeling that it would not end well. Papers were produced and signed; Lowell wrote checks, and they were taken from him; men conferred in glum, hushed voices with their heads close together, continually referring to Lowell as 'him.'"
So, with the first found enthusiasm of his life, Lowell begins work on his crumbling edifice.. He evicts the squatters in the home. He buys tools. He has them stolen. He buys books about renovation and understands little. He seeks out a neighbor who had renovated a similar property (unsuccessfully) for suggestions. He is demonically watched by the so called residents in those slums. His wife helps for a while, but then goes to her mother's, but returns to their apartment where she lives a chaotic life. He finally gets to the point that he has to hire a contractor but only two show up to quote, the first of whom just walks out and the second, a Trinidadian by the name of Cyril P. Busterboy who agrees to take on the job with his crew. Lowell calls him Mr. Busterboy. Mr. Busterboy calls him Mr. Lake. Gradually Lake hangs around Busterboy and his crew, buying them beers and most of the work stops as they all get drunk during the day. Lowell is so drunk one night he sleeps in the remains of the building's master bedroom, on a tarp on the floor, hears a noise downstairs and confronts a shadowy figure. Lowell, with a crowbar in hand, and still in a drunken stupor, successfully bashes the intruder's head in like a crushed watermelon. He deposits the body in the dumpster and throws other trash over the body, leaving blood all over the room. The dumpster is picked up in the morning, Lowell convinced the police will come, but no one misses the intruder whose life was obviously as meaningful as Lowell's. Mr. Busterboy tells him not to worry, that his men will clean up the blood. This is covered over with sterile new plaster. He loses the house, but does not care, "contemplating a future much like his past, he realized that it was finally too late for him."
Although a literary work, it is more a profoundly disturbing philosophical piece. How does one define a "meaningful life?" Lowell is a caricature in the extreme, simply being swept along by forces over which he has little control and when he does participate in the decision making, he inevitably makes the wrong ones, not realizing consequences. He simply has no interests, and therefore no real friends. Time erases all, but Davis' novel is a reminder to find one's passion -- and for most people that means meaningful work, or an avocation, something Lowell miserably fails at. Depressing? Yes, but Davis sees it as the modern dilemma.
More on Sicily later. But, as a preview, a panoramic view of Castellammare del Golfo, outside of Palermo, the birthplace of our friend, Maria. There fishermen gather to pursue their livelihoods as they have done for centuries, work and camaraderie providing a meaningful life.
Monday, June 20, 2011
A Boating Tale
June 30 is an anniversary of sorts. On that day twenty one years ago we had a challenging boating experience, one of many in retrospect, but I had written something about this particular one at the time so there are details I had completely forgotten until coming across the article in my files. Much of it happened at our favorite anchorage in the Norwalk Islands, long before the advent of the GPS and boats that can be handled with bow thrusters and joysticks. That same anchorage today is even more crowded as the GPS has diminished "local knowledge" as a factor and joysticks and chart plotters have reduced the entry level barrier to handling a larger power boat without previous experience. It makes me want to stay at the dock nowadays.
Ironically, the article makes reference to friend's boat, a 39' Chris Craft which now is the boat we live on during the summer, having bought that classic from a friend he sold it to. And we are still good friends with Ray and Sue who figure prominently in the story so there are threads of continuity between then and now. Our boat at the time of the article was a 37' 1986 Silverton, one we had taken all over the Long Island and Block Island Sounds, Buzzards Bay, and the Vineyard and Nantucket Sounds. We were more adventuresome then.
So here is what happened on that day in 1990:
It was a Saturday like so many others we experienced at our customary anchorage in the Norwalk Islands, but what would evolve that night was like no other we have ever lived through. We arrived as the sun was setting the night before. Our friends, Ray and Sue, on their 38' Ocean, 'Rascel', had already arrived, and as ideal weather was forecasted for the weekend, we were reassured that rafting with their boat would be secure and tranquil.
Although we had the anchorage nearly to ourselves that Friday evening, by late Saturday morning, with the tide nearly at high, thus allowing easy passage into the anchorage, other boats began to join us. Our friends Tony and Betty on their 39' Chris Craft dropped their hook nearby and other boats, unknown to us, made their way into the spot between Copps and Chimon. A stately, classic, two-masted schooner set their anchor somewhat to our starboard, while smaller powerboats were spotted here and there. A 30' catamaran skimmed in on the surface like a water bug, anchoring well behind our stern, and a descending plow anchor and chain announced the arrival of a 42' Grand Banks to our port.
The anchorage began to take on a party atmosphere, anticipating the evening, as the late
afternoon sun shimmered over the Long Island Sound. A sea breeze had picked up and small white caps could be seen in the haze towards Eaton's Neck. I turned on the weather radio as we were expecting guests for dinner, and it would be far easier to run into the Norwalk harbor in my new Achilles dingy than to take our boat in. There, in the harbor, I could pick up our son's Boston Whaler, meet our guests and then, as the sun sets, bring them back to the dock, and return to the anchorage in the Achilles raft.
The weather radio announced complete cooperation for this plan: some thunderstorms to the north, with little chance one might drift over the Sound and a 10 to 15 knot breeze out of the southwest overnight. Since our anchorage is well protected from all directions except east, I lowered our Achilles and its new 4HP engine, and prepared to run into our marina, only about a mile away.
The new dingy and engine performed flawlessly and the 4HP engine even enabled me to effortlessly plane, making my time back to Norwalk less than expected. I tied up the new dingy at our slip and went to the one in which my son's 13' Whaler was berthed, Its 40 HP engine
started without much coaching and I awaited our guests.
The run back to our anchorage was uneventful, and my wife's usual culinary feast was appreciated by all. So, the waning hours of the hazy sun were consumed by good food and talk. As the sun began to slip below the horizon, I readied the Whaler for the return trip. The southwest breeze had now picked up to 15 -20 knots.
After tying up the Whaler I got into the rubber dingy and started up her engine. The sky had changed from its usual sunset red and amber to a foreboding autumnal and stormy gray, laced with red. Worse, the wind had changed to the east so I tried to hurry back, getting up on plane well before the 5 MPH marker to return to our boat, on which my wife was on alone, still tied up to the boat of our friends, Ray and Sue.
Before completely exiting the harbor I was stopped by the Norwalk marine police. Although I assumed I was being stopped because of my speed, they said "where are you going, haven't you heard that there is a storm that is supposed to hit this area?" The increasing wind and the prematurely black sky in the west gave credence to their warning. So much for the promised tranquil weather as announced on the weather band.
I explained my predicament to the police. "You better get out there fast," cautioned the police. I resumed my flight on plane, with difficulty as the easterly wind now easily surpassed 20 knots.
Many years of experience at the same anchorage told me that within a short time it would become a maelstrom where we are anchored. In a westerly flow, it was a paradise. Out of the east, our pond became the ocean. It was important to get back to my vessel soon. Approaching the northern end of Chimon Island, in the gyrating water of the easterly wind, the outboard engine died. Repeated attempts to coax the engine to life were fruitless. With no anchor, my only hope was to make some headway by rowing to a sailboat anchored about 100 yards upwind. The time seemed to be interminable, but eventually I was able secure the dingy to the sailboat's stern. In the distance in the west the lightening lit up the descending night.
No one was on the deck of the sailboat so I knocked on her hull. A very inebriated women stumbled to the deck, entreating me to climb on board. Luckily, a more sober gentleman followed and I explained my predicament to him. I needed a few minutes to work on the engine and to get back to my boat.
As I had a handheld in my bag, I decided to call my wife or Ray on 72, our unofficial station for communication. As I suspected, the weather conditions, combined with my long absence, resulted in my near hysterical wife standing by.
Ray got on the radio offered to get into his dingy and come around the island to possibly tow me. I asked him to standby 72 and let me work on the engine for a few minutes. I thought that even if I couldn't start the engine, at least I was safely ensconced and the most important thing is that our boats do not go unattended.
So, as the storm meandered its way towards Norwalk, I tried to diagnose the problem. I went through every possible way of starting the engine, but without success. Maybe salt through the air vent had clogged the fuel line. Disconnecting the fuel line, I pumped some fuel overboard, and reconnected the line. Once primed, I pulled the cord again, and it started. At the same time Ray came around the sailboat in his dingy. "I said I would call if I needed help," I cried over the rising wind. "Why did you leave the boats?" This was a rhetorical question, knowing Ray would not miss an opportunity for an adventure.
We began to make our way in the dark around the island, knowing, from the muffled thunder, rising wind and flashes of light, that we had little time to return to our vessels. Finally, we arrived. As I suspected, the unrelenting easterly wind had churned up the anchorage and the, now, low tide had made us and the remaining vessels captives of the anchorage. We would all have to ride out whatever nature intended to deliver.
We dodged a bullet this time as the threatened blow never fully materialized. Thunder and lightning was followed by a brief, intense shower, but the fireworks we had sometimes the misfortune to experience at this very same spot were absent. While the storm passed, the east wind refused to abate. It foreboded an uncomfortable evening as our rafted vessels lurched and pitched in response to the seas. But we were tied well and had plenty of fenders out, and we felt sufficiently exhausted to sleep through anything so we bedded down for the night. At least our intention was to sleep for no sooner than our heads had touched their pillows the uncompromising sound of fiberglass clashing with fiberglass filled our ears. The scraping and the gashing sound said this was not a simple problem of a fender popping out between our boats.
From the cockpit I made my way in the darkness along the gunnels to the bow to witness the enmeshing of our bow pulpit between the railings and gunnels of the 30' catamaran which I had remembered setting its anchor well to our stern in the, then, more cordial westerly breeze. Now that the wind had shifted nearly 180 degrees, it had broken anchor and was now totally impaled by our bow pulpit.
It was that night when I learned how imperfectly matched a catamaran, broadside to the wind, was with a powerboat at anchor, our boat rising as the cat fell. Remarkably, in spite of the smashing and scraping of the mismatched fiberglass, my wife and I were the only ones on the bow witnessing this spectacle. I speculated that the boat was unattended. We were calling out for our friends who, later I learned, were busing watching a movie, their generator contributing to drowning out all other sound.
Their anchor line kept the stern of the cat in abeyance from their own boat. I pounded on the side of our friends' boat, who finally heard our clarion call for help and joined us on their bow. Since the cat seemed to be abandoned, Ray was preparing to board their boat off my pulpit between the pitching of the sea when, suddenly, a dazed woman emerged from the cat's cabin. She made the leap to hysteria in a few short moments. Her impulse was to fend off our bow by planting herself on her gunnels and pushing off with her legs, failing to realize that the windage of the cat's pontoons was acting like a sail to the strong easterly wind abeam.
The force was beyond the ability of even a small army to extricate the boat that way. The lurching and pitching of the bow, the anchor hanging from the pulpit and smashing the gunnel of the cat created the danger of breaking this poor women's legs but screaming warnings to that effect went unheeded. Ray hollered "lady if you don't get out of there I'm going to get over there somehow and drag you away." She retreated.
Finally, a man emerged from the cabin and perhaps, now, we had enough hands on deck to figure something out -- if nature gave us enough time before serious damage was done to our vessels. The anchor line was caught by the tiller of the cat so we thought that if we could release their vessel by raising the tiller, we might be able to make some headway in untangling the boats. Meanwhile, the incessant pitching and crashing of the vessels reminded us that time was of the essence.
"Raise the tiller" we shouted to the new deck hand who was stunned, trying to take the picture in which his vessel was a prominent co-star. "I can't, I don't think I have the strength with all the pressure on it from the anchor line," he cried back. Now, it was our turn for hysteria.
In a voice that I last seem to remember coming from 'Rosemary's Baby,' our friend Susan growled, "Mister, get your ass over the tiller and pull!" Ray jumped on to their boat and was able to disentwine the line from the tiller. By this time, our bow and their railing had become such good friends, they still refused to part. It was now apparent that the only way we are going to break was for us to untie from our friends and to try to drop back. This was going to be very difficult for with an easterly wind, our stern was not more than 15 feet from a rock which was very much apparent at low tide. I fired up our 350 crusaders; no time to run the blowers or check the bilge, I thought.
We began to untie our lines and I realized that as soon as I dropped back, we would be abeam of the wind and immediately would have to get the bow into the wind. Thankfully, we disengaged from the cat which looked like a locus predator as it slipped away from my bow. As expected, we rapidly progressed toward the rock while abeam of the wind. With port engine forward and starboard in reverse, I steadily increased the throttle on the port.
The vessel pitched in the rolling seas and began to slowly respond. Too slow, I thought, and I continued increase the port throttle. We cleared the rock by less than 5 feet as our bow turned into the wind and began to make our way through the anchorage while the cat also was free.
Now our enemy was the dark night and the crowded anchorage. We threaded our way upwind, seeking a spot to drop our own hook; it would be dangerous to try to retie to our friends downwind, so close to the rock. We had never fully appreciated our windless, one that could be operated from the bridge, until that night. The choppy seas, combined with the darkness of night, made going on the bow dangerous, so dropping the hook from the bridge was not a luxury, it was a necessity.
The anchor was successfully lowered, letting out as much scope out as feasible, given the wind and the room in which we had to swing. Finally, we were able to rest. In the clear light of morning, it seemed as if we were on a different planet. The east wind had departed in favor of the more friendly, westerly flow. There was no sign of the commotion of the night before, other than our exhaustion.
I dingied to the bow of my boat and inspected the damage. The bow pulpit took most of the hit but there were some gelcoat scratches on the bow. The catamaran was now anchored, again, to our stern, perhaps by 100 yards. At 7: 30 AM there was no one awake. I circled the boat, 'Gull Wind,' and saw that my anchor had bent their bow rail and had done some damage to their port gunnel. Later, by 9: 00 AM, the owner aroused and, once again, I went over to discuss the incident. We exchanged names and address. He agreed to pay for the repairs which surprisingly turned out not to be extensive given what we experienced.
Boating is a inexplicable way of life. In how many other recreational activities can a leisurely pleasure turn into tumult without warning? The day and night of June 30 showed that while we might be able to take what the seas might dish out, there is no way to prepare for all contingencies.
Ironically, the article makes reference to friend's boat, a 39' Chris Craft which now is the boat we live on during the summer, having bought that classic from a friend he sold it to. And we are still good friends with Ray and Sue who figure prominently in the story so there are threads of continuity between then and now. Our boat at the time of the article was a 37' 1986 Silverton, one we had taken all over the Long Island and Block Island Sounds, Buzzards Bay, and the Vineyard and Nantucket Sounds. We were more adventuresome then.
So here is what happened on that day in 1990:
It was a Saturday like so many others we experienced at our customary anchorage in the Norwalk Islands, but what would evolve that night was like no other we have ever lived through. We arrived as the sun was setting the night before. Our friends, Ray and Sue, on their 38' Ocean, 'Rascel', had already arrived, and as ideal weather was forecasted for the weekend, we were reassured that rafting with their boat would be secure and tranquil.
Although we had the anchorage nearly to ourselves that Friday evening, by late Saturday morning, with the tide nearly at high, thus allowing easy passage into the anchorage, other boats began to join us. Our friends Tony and Betty on their 39' Chris Craft dropped their hook nearby and other boats, unknown to us, made their way into the spot between Copps and Chimon. A stately, classic, two-masted schooner set their anchor somewhat to our starboard, while smaller powerboats were spotted here and there. A 30' catamaran skimmed in on the surface like a water bug, anchoring well behind our stern, and a descending plow anchor and chain announced the arrival of a 42' Grand Banks to our port.
The anchorage began to take on a party atmosphere, anticipating the evening, as the late
afternoon sun shimmered over the Long Island Sound. A sea breeze had picked up and small white caps could be seen in the haze towards Eaton's Neck. I turned on the weather radio as we were expecting guests for dinner, and it would be far easier to run into the Norwalk harbor in my new Achilles dingy than to take our boat in. There, in the harbor, I could pick up our son's Boston Whaler, meet our guests and then, as the sun sets, bring them back to the dock, and return to the anchorage in the Achilles raft.The weather radio announced complete cooperation for this plan: some thunderstorms to the north, with little chance one might drift over the Sound and a 10 to 15 knot breeze out of the southwest overnight. Since our anchorage is well protected from all directions except east, I lowered our Achilles and its new 4HP engine, and prepared to run into our marina, only about a mile away.
The new dingy and engine performed flawlessly and the 4HP engine even enabled me to effortlessly plane, making my time back to Norwalk less than expected. I tied up the new dingy at our slip and went to the one in which my son's 13' Whaler was berthed, Its 40 HP engine
started without much coaching and I awaited our guests.The run back to our anchorage was uneventful, and my wife's usual culinary feast was appreciated by all. So, the waning hours of the hazy sun were consumed by good food and talk. As the sun began to slip below the horizon, I readied the Whaler for the return trip. The southwest breeze had now picked up to 15 -20 knots.
After tying up the Whaler I got into the rubber dingy and started up her engine. The sky had changed from its usual sunset red and amber to a foreboding autumnal and stormy gray, laced with red. Worse, the wind had changed to the east so I tried to hurry back, getting up on plane well before the 5 MPH marker to return to our boat, on which my wife was on alone, still tied up to the boat of our friends, Ray and Sue.
Before completely exiting the harbor I was stopped by the Norwalk marine police. Although I assumed I was being stopped because of my speed, they said "where are you going, haven't you heard that there is a storm that is supposed to hit this area?" The increasing wind and the prematurely black sky in the west gave credence to their warning. So much for the promised tranquil weather as announced on the weather band.
I explained my predicament to the police. "You better get out there fast," cautioned the police. I resumed my flight on plane, with difficulty as the easterly wind now easily surpassed 20 knots.
Many years of experience at the same anchorage told me that within a short time it would become a maelstrom where we are anchored. In a westerly flow, it was a paradise. Out of the east, our pond became the ocean. It was important to get back to my vessel soon. Approaching the northern end of Chimon Island, in the gyrating water of the easterly wind, the outboard engine died. Repeated attempts to coax the engine to life were fruitless. With no anchor, my only hope was to make some headway by rowing to a sailboat anchored about 100 yards upwind. The time seemed to be interminable, but eventually I was able secure the dingy to the sailboat's stern. In the distance in the west the lightening lit up the descending night.
No one was on the deck of the sailboat so I knocked on her hull. A very inebriated women stumbled to the deck, entreating me to climb on board. Luckily, a more sober gentleman followed and I explained my predicament to him. I needed a few minutes to work on the engine and to get back to my boat.
As I had a handheld in my bag, I decided to call my wife or Ray on 72, our unofficial station for communication. As I suspected, the weather conditions, combined with my long absence, resulted in my near hysterical wife standing by.
Ray got on the radio offered to get into his dingy and come around the island to possibly tow me. I asked him to standby 72 and let me work on the engine for a few minutes. I thought that even if I couldn't start the engine, at least I was safely ensconced and the most important thing is that our boats do not go unattended.
So, as the storm meandered its way towards Norwalk, I tried to diagnose the problem. I went through every possible way of starting the engine, but without success. Maybe salt through the air vent had clogged the fuel line. Disconnecting the fuel line, I pumped some fuel overboard, and reconnected the line. Once primed, I pulled the cord again, and it started. At the same time Ray came around the sailboat in his dingy. "I said I would call if I needed help," I cried over the rising wind. "Why did you leave the boats?" This was a rhetorical question, knowing Ray would not miss an opportunity for an adventure.
We began to make our way in the dark around the island, knowing, from the muffled thunder, rising wind and flashes of light, that we had little time to return to our vessels. Finally, we arrived. As I suspected, the unrelenting easterly wind had churned up the anchorage and the, now, low tide had made us and the remaining vessels captives of the anchorage. We would all have to ride out whatever nature intended to deliver.
We dodged a bullet this time as the threatened blow never fully materialized. Thunder and lightning was followed by a brief, intense shower, but the fireworks we had sometimes the misfortune to experience at this very same spot were absent. While the storm passed, the east wind refused to abate. It foreboded an uncomfortable evening as our rafted vessels lurched and pitched in response to the seas. But we were tied well and had plenty of fenders out, and we felt sufficiently exhausted to sleep through anything so we bedded down for the night. At least our intention was to sleep for no sooner than our heads had touched their pillows the uncompromising sound of fiberglass clashing with fiberglass filled our ears. The scraping and the gashing sound said this was not a simple problem of a fender popping out between our boats.
From the cockpit I made my way in the darkness along the gunnels to the bow to witness the enmeshing of our bow pulpit between the railings and gunnels of the 30' catamaran which I had remembered setting its anchor well to our stern in the, then, more cordial westerly breeze. Now that the wind had shifted nearly 180 degrees, it had broken anchor and was now totally impaled by our bow pulpit.
It was that night when I learned how imperfectly matched a catamaran, broadside to the wind, was with a powerboat at anchor, our boat rising as the cat fell. Remarkably, in spite of the smashing and scraping of the mismatched fiberglass, my wife and I were the only ones on the bow witnessing this spectacle. I speculated that the boat was unattended. We were calling out for our friends who, later I learned, were busing watching a movie, their generator contributing to drowning out all other sound.
Their anchor line kept the stern of the cat in abeyance from their own boat. I pounded on the side of our friends' boat, who finally heard our clarion call for help and joined us on their bow. Since the cat seemed to be abandoned, Ray was preparing to board their boat off my pulpit between the pitching of the sea when, suddenly, a dazed woman emerged from the cat's cabin. She made the leap to hysteria in a few short moments. Her impulse was to fend off our bow by planting herself on her gunnels and pushing off with her legs, failing to realize that the windage of the cat's pontoons was acting like a sail to the strong easterly wind abeam.
The force was beyond the ability of even a small army to extricate the boat that way. The lurching and pitching of the bow, the anchor hanging from the pulpit and smashing the gunnel of the cat created the danger of breaking this poor women's legs but screaming warnings to that effect went unheeded. Ray hollered "lady if you don't get out of there I'm going to get over there somehow and drag you away." She retreated.
Finally, a man emerged from the cabin and perhaps, now, we had enough hands on deck to figure something out -- if nature gave us enough time before serious damage was done to our vessels. The anchor line was caught by the tiller of the cat so we thought that if we could release their vessel by raising the tiller, we might be able to make some headway in untangling the boats. Meanwhile, the incessant pitching and crashing of the vessels reminded us that time was of the essence.
"Raise the tiller" we shouted to the new deck hand who was stunned, trying to take the picture in which his vessel was a prominent co-star. "I can't, I don't think I have the strength with all the pressure on it from the anchor line," he cried back. Now, it was our turn for hysteria.
In a voice that I last seem to remember coming from 'Rosemary's Baby,' our friend Susan growled, "Mister, get your ass over the tiller and pull!" Ray jumped on to their boat and was able to disentwine the line from the tiller. By this time, our bow and their railing had become such good friends, they still refused to part. It was now apparent that the only way we are going to break was for us to untie from our friends and to try to drop back. This was going to be very difficult for with an easterly wind, our stern was not more than 15 feet from a rock which was very much apparent at low tide. I fired up our 350 crusaders; no time to run the blowers or check the bilge, I thought.
We began to untie our lines and I realized that as soon as I dropped back, we would be abeam of the wind and immediately would have to get the bow into the wind. Thankfully, we disengaged from the cat which looked like a locus predator as it slipped away from my bow. As expected, we rapidly progressed toward the rock while abeam of the wind. With port engine forward and starboard in reverse, I steadily increased the throttle on the port.
The vessel pitched in the rolling seas and began to slowly respond. Too slow, I thought, and I continued increase the port throttle. We cleared the rock by less than 5 feet as our bow turned into the wind and began to make our way through the anchorage while the cat also was free.
Now our enemy was the dark night and the crowded anchorage. We threaded our way upwind, seeking a spot to drop our own hook; it would be dangerous to try to retie to our friends downwind, so close to the rock. We had never fully appreciated our windless, one that could be operated from the bridge, until that night. The choppy seas, combined with the darkness of night, made going on the bow dangerous, so dropping the hook from the bridge was not a luxury, it was a necessity.
The anchor was successfully lowered, letting out as much scope out as feasible, given the wind and the room in which we had to swing. Finally, we were able to rest. In the clear light of morning, it seemed as if we were on a different planet. The east wind had departed in favor of the more friendly, westerly flow. There was no sign of the commotion of the night before, other than our exhaustion.
I dingied to the bow of my boat and inspected the damage. The bow pulpit took most of the hit but there were some gelcoat scratches on the bow. The catamaran was now anchored, again, to our stern, perhaps by 100 yards. At 7: 30 AM there was no one awake. I circled the boat, 'Gull Wind,' and saw that my anchor had bent their bow rail and had done some damage to their port gunnel. Later, by 9: 00 AM, the owner aroused and, once again, I went over to discuss the incident. We exchanged names and address. He agreed to pay for the repairs which surprisingly turned out not to be extensive given what we experienced.
Boating is a inexplicable way of life. In how many other recreational activities can a leisurely pleasure turn into tumult without warning? The day and night of June 30 showed that while we might be able to take what the seas might dish out, there is no way to prepare for all contingencies.
Monday, June 13, 2011
Substance and Talking Points
I try to set aside Sunday mornings for catching up on some newspaper reading and to watch political shows such as Meet the Press, keeping my eyes on the page/computer and my ears on the TV, drifting back and forth depending on what I'm reading or hearing. This week's Barrons', which I've read forever it seems (now online, having forsaken the print version), had a remarkably to the point article by Doug Kass, founder and President of Seabreeze Partners, and well-known "short-seller" which echoes some of what I've written about the subject of the growing abyss between the haves and the have not's and its impact on the misery of the middle class. Kass' term for this misery is "Screwflation" (combing inflation with the screwing of the middle class). Here are some of his bullet points although its best to read the entire article:
* While...corporate profits will soon attain a new peak, median real wages have made little recent progress....Moreover...an unprecedented four years of declining home prices have further weakened the confidence and purchasing power of the middle-class screwees.
* Unemployment has exacerbated screwflation's impact on all but the wealthiest Americans.
* Because there are few areas of the domestic economy that can replace the prerecession strength in real estate, a recovery in jobs will be more difficult than in previous cycles. Work related to real estate accounted for nearly 40% of U.S. job growth in 2001-06–almost all of it middle-class.
* Back in 1980, the richest 1% of Americans captured 9% of national income. Today, the richest 1% receive about a quarter of national income.
* [The] rise [ of commodity prices] falls more heavily on low- and middle-income families, who spend most of their money on the necessities of life. Add rising health care, education and other costs to commodity prices, and the result is a poor foundation for growth.
* Difficult fiscal decision...must be made this summer in Washington. The needs to accelerate job growth and to control the federal deficit seem irreconcilable.
* A shallow and fragile domestic economic recovery may be exposed to and be vulnerable to the need to cut spending–but drastic spending cuts will jeopardize the shallow recovery in jobs. Not moving on deficit reduction holds its own risks, of U.S. dollar weakness, soaring interest rates and higher unemployment....Partisanship already makes a real solution less likely.
Kass concludes with some excellent suggestions, but with Washington in gridlock, even on such major issues of raising the debt ceiling, and in the throes of pre-Presidential election rhetoric (see Meet the Press discussion below), one can't be terribly optimistic about implementing them:
* Policies that could help quickly include: extending the payroll-tax cut initiated by the Obama administration; reducing income taxes for the middle class; providing federal funds for infrastructure spending; creating incentives for businesses to make new capital investments; allowing tax-free repatriation of U.S. corporate earnings made abroad, if they are earmarked for the creation of American jobs; the launch of an energy plan that taps domestic resources; and the use of federal-housing financing to slow foreclosures and distressed sales.
While reading that article of substance, I was watching Meet the Press, particularly David Gregory's interview with Debbie Wasserman Schultz, the Democratic National Committee Chair and Reince Priebus, the Republican National Committee Chair. Talk about talking points galore. Here is the entire transcript.
Gregory immediately baits the debate with so called "facts:"
MR. GREGORY: All right. Well, let's talk more, let's talk more about the economy in some more detail. This is the president's standing in terms of handling the economy in the public's eye, and it's pretty negative right now. Sixty percent almost, 59 percent, disapprove of the president's handling of the economy . And there are facts that back that up that are difficult for this administration and for the Democrats: unemployment's up 25 percent since Inauguration Day for President Obama ; the debt's up 35 percent, over $14 trillion; a gallon of gas up over 100 percent, with gas $3.75, higher than that in certain parts of the country . Why should Americans trust Democratic governance right now on the economy , and particularly the president's?
The numbers might be correct but one has to wonder about the "cause" of the "effect." Naturally, both Schultz and Priebus jump on their talking points:
REP. SCHULTZ: ...when President Obama took office, the month before he was inaugurated, the economy was bleeding 750,000 jobs a month, David , and we were not headed in the right direction. Now, I know we -- and President Obama has said we have a long way to go . We'd like the pace of recovery to, to, to be picked up. But we have definitely begun to turn the economy around. You, you fast-forward two and a half years later now, and the economy has created 2.1 million private sector jobs, a million of those jobs just in the last six months. We've had 15 straight months of job growth .
Priebus has his talking points:
MR. PRIEBUS: David , the chairwoman's living in fantasyland. We know that the facts are the facts, and we can't get away from that. And Barack Obama is defenseless to the truth on what's going on in the American economy . We have lost as -- two and a half million jobs since Barack Obama 's been president. And of that two and half million jobs, almost 45 percent of those people have been out of work for six months. That number, that number rivals the Great Depression .
Back and forth, your talking points vs. mine. It is a sign of the silly season of an impending election, with the danger that the increasing polarity will result in a stalemate that leaves our economy on the edge of a cliff once again.
But, can they both be "right?" The Bureau of Labor Statistics' Employment, Hours, and Earnings from the Current Employment Statistics survey (National) 2001 -- 2011 confirm that, indeed, we've lost about 2.5 million jobs since Obama was inaugurated, and we've gained almost 1 million jobs in the last six months. But the BLS also shows about 4.4 million non-farm jobs lost in the 12 months before Obama took office. How's that for a talking point?
One can play with all these statistics any which way to "prove" a point of view. The fact of the matter is we had tremendous job growth in the three plus years before the collapse of the economy (and almost the collapse of our entire economic system) in 2008, but those jobs "created" were heavily real estate and construction related during a housing run-up which we now know was merely a chimera. These are jobs that would not have come into existence without the frothy, nothing-down, exotic mortgage real estate market and the complicity of the investment banks and Washington to get those deals done. We simply "borrowed" from the future. Now, those jobs our out of the system with no prospects of returning soon. It is going to be very difficult to have robust job creation if, as Doug Kass suggests, real estate represents 40% job growth without solving our foreclosure and distressed sales issues which is now on such an enormous scale.
And how fair is it to "mark" a President's starting point for job creation as the date of his inauguration? The economy is a leviathan which cannot be turned on a dime. And, by the time Obama was making some headway, he lost control of Congress. Now we have such a polarized government, it is a wonder that any jobs are being created.
And, really, what control does the President have on world oil prices? We could have an army of rigs in the Gulf of Mexico and it wouldn't make much difference in prices as it is a world market for oil. The US cannot effect prices much by creating marginally more supply. Now, controlling the speculative aspect of prices may be a different matter, but financial regulation is habitually resisted by Obama's adversaries.
Agreed, we should have a national energy policy, but for it to have any teeth it will mean some hardship. In Europe, gas is twice the price as it is here. People learn to drive smaller cars, take mass transit, etc. No one would agree to that here so a national energy policy is simply kicked down the road, by both parties.
Finally, the deficit. Does anyone really think that if McCain was elected it would be much different today? President George Bush's 2001 and 2003 tax cuts have been big contributors as well as funding for the wars in Afghanistan and Iraq. Granted, President Obama's 2009 stimulus bill is also in the mix. But that was enacted when the Federal Reserve no longer could cut interest rates (they were already effectively at zero) and there was general agreement that the economy was still in crisis and without a stimulus, it would slip off the cliff again. And one one argues the bill failed to create jobs as intended. No Republicans voted for the act and now that they control Congress, one has to wonder what they will vote for or block. We know the talking points, and Kass makes substantive suggestions, but can Congress even function any longer?
* While...corporate profits will soon attain a new peak, median real wages have made little recent progress....Moreover...an unprecedented four years of declining home prices have further weakened the confidence and purchasing power of the middle-class screwees.
* Unemployment has exacerbated screwflation's impact on all but the wealthiest Americans.
* Because there are few areas of the domestic economy that can replace the prerecession strength in real estate, a recovery in jobs will be more difficult than in previous cycles. Work related to real estate accounted for nearly 40% of U.S. job growth in 2001-06–almost all of it middle-class.
* Back in 1980, the richest 1% of Americans captured 9% of national income. Today, the richest 1% receive about a quarter of national income.
* [The] rise [ of commodity prices] falls more heavily on low- and middle-income families, who spend most of their money on the necessities of life. Add rising health care, education and other costs to commodity prices, and the result is a poor foundation for growth.
* Difficult fiscal decision...must be made this summer in Washington. The needs to accelerate job growth and to control the federal deficit seem irreconcilable.
* A shallow and fragile domestic economic recovery may be exposed to and be vulnerable to the need to cut spending–but drastic spending cuts will jeopardize the shallow recovery in jobs. Not moving on deficit reduction holds its own risks, of U.S. dollar weakness, soaring interest rates and higher unemployment....Partisanship already makes a real solution less likely.
Kass concludes with some excellent suggestions, but with Washington in gridlock, even on such major issues of raising the debt ceiling, and in the throes of pre-Presidential election rhetoric (see Meet the Press discussion below), one can't be terribly optimistic about implementing them:
* Policies that could help quickly include: extending the payroll-tax cut initiated by the Obama administration; reducing income taxes for the middle class; providing federal funds for infrastructure spending; creating incentives for businesses to make new capital investments; allowing tax-free repatriation of U.S. corporate earnings made abroad, if they are earmarked for the creation of American jobs; the launch of an energy plan that taps domestic resources; and the use of federal-housing financing to slow foreclosures and distressed sales.
While reading that article of substance, I was watching Meet the Press, particularly David Gregory's interview with Debbie Wasserman Schultz, the Democratic National Committee Chair and Reince Priebus, the Republican National Committee Chair. Talk about talking points galore. Here is the entire transcript.
Gregory immediately baits the debate with so called "facts:"
MR. GREGORY: All right. Well, let's talk more, let's talk more about the economy in some more detail. This is the president's standing in terms of handling the economy in the public's eye, and it's pretty negative right now. Sixty percent almost, 59 percent, disapprove of the president's handling of the economy . And there are facts that back that up that are difficult for this administration and for the Democrats: unemployment's up 25 percent since Inauguration Day for President Obama ; the debt's up 35 percent, over $14 trillion; a gallon of gas up over 100 percent, with gas $3.75, higher than that in certain parts of the country . Why should Americans trust Democratic governance right now on the economy , and particularly the president's?
The numbers might be correct but one has to wonder about the "cause" of the "effect." Naturally, both Schultz and Priebus jump on their talking points:
REP. SCHULTZ: ...when President Obama took office, the month before he was inaugurated, the economy was bleeding 750,000 jobs a month, David , and we were not headed in the right direction. Now, I know we -- and President Obama has said we have a long way to go . We'd like the pace of recovery to, to, to be picked up. But we have definitely begun to turn the economy around. You, you fast-forward two and a half years later now, and the economy has created 2.1 million private sector jobs, a million of those jobs just in the last six months. We've had 15 straight months of job growth .
Priebus has his talking points:
MR. PRIEBUS: David , the chairwoman's living in fantasyland. We know that the facts are the facts, and we can't get away from that. And Barack Obama is defenseless to the truth on what's going on in the American economy . We have lost as -- two and a half million jobs since Barack Obama 's been president. And of that two and half million jobs, almost 45 percent of those people have been out of work for six months. That number, that number rivals the Great Depression .
Back and forth, your talking points vs. mine. It is a sign of the silly season of an impending election, with the danger that the increasing polarity will result in a stalemate that leaves our economy on the edge of a cliff once again.
But, can they both be "right?" The Bureau of Labor Statistics' Employment, Hours, and Earnings from the Current Employment Statistics survey (National) 2001 -- 2011 confirm that, indeed, we've lost about 2.5 million jobs since Obama was inaugurated, and we've gained almost 1 million jobs in the last six months. But the BLS also shows about 4.4 million non-farm jobs lost in the 12 months before Obama took office. How's that for a talking point?
One can play with all these statistics any which way to "prove" a point of view. The fact of the matter is we had tremendous job growth in the three plus years before the collapse of the economy (and almost the collapse of our entire economic system) in 2008, but those jobs "created" were heavily real estate and construction related during a housing run-up which we now know was merely a chimera. These are jobs that would not have come into existence without the frothy, nothing-down, exotic mortgage real estate market and the complicity of the investment banks and Washington to get those deals done. We simply "borrowed" from the future. Now, those jobs our out of the system with no prospects of returning soon. It is going to be very difficult to have robust job creation if, as Doug Kass suggests, real estate represents 40% job growth without solving our foreclosure and distressed sales issues which is now on such an enormous scale.
And how fair is it to "mark" a President's starting point for job creation as the date of his inauguration? The economy is a leviathan which cannot be turned on a dime. And, by the time Obama was making some headway, he lost control of Congress. Now we have such a polarized government, it is a wonder that any jobs are being created.
And, really, what control does the President have on world oil prices? We could have an army of rigs in the Gulf of Mexico and it wouldn't make much difference in prices as it is a world market for oil. The US cannot effect prices much by creating marginally more supply. Now, controlling the speculative aspect of prices may be a different matter, but financial regulation is habitually resisted by Obama's adversaries.
Agreed, we should have a national energy policy, but for it to have any teeth it will mean some hardship. In Europe, gas is twice the price as it is here. People learn to drive smaller cars, take mass transit, etc. No one would agree to that here so a national energy policy is simply kicked down the road, by both parties.
Finally, the deficit. Does anyone really think that if McCain was elected it would be much different today? President George Bush's 2001 and 2003 tax cuts have been big contributors as well as funding for the wars in Afghanistan and Iraq. Granted, President Obama's 2009 stimulus bill is also in the mix. But that was enacted when the Federal Reserve no longer could cut interest rates (they were already effectively at zero) and there was general agreement that the economy was still in crisis and without a stimulus, it would slip off the cliff again. And one one argues the bill failed to create jobs as intended. No Republicans voted for the act and now that they control Congress, one has to wonder what they will vote for or block. We know the talking points, and Kass makes substantive suggestions, but can Congress even function any longer?
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