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The New Neo

A blog about political change, among other things

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Politics…

The New Neo Posted on March 21, 2013 by neoMarch 21, 2013

…makes strange bedfellows.

For example, I have little doubt that these two guys playing nicey-nicey absolutely detest each other.

But hey, Obama finally made it to Israel. And he’s trying to reassure Netanyahu that he’s got his back:

back

Posted in Israel/Palestine, Obama, Politics | 11 Replies

Budget passes House: so what?

The New Neo Posted on March 21, 2013 by neoMarch 21, 2013

The House has passed (221/207) what’s known as the “Ryan budget,” after the Democratic proposal failed to garner enough votes.

I have mixed feelings about this. On the one hand, I think it’s good that Republicans did something. On the other, it makes no difference whatsoever, as far as I can tell. Yes, it’s a statement, but one that has absolutely no chance of being anything but an empty exercise. That’s true for many reasons—chief among them the fact that the Senate would never vote for it. But another reason is that only us political junkies are paying attention.

And Democrats will of course use it in 2014 in order to try to gain back the House by saying the mean old Republicans want to take away your Medicare and Social Security. In that way the left preys on the fact that people don’t look at the details. Of course, if they did look at the details, they might get disgusted with both parties.

Posted in Finance and economics, Politics | 5 Replies

Justin Timberlake, Leonard Cohen, and love

The New Neo Posted on March 20, 2013 by neoMarch 20, 2013

There’s a big Yahoo feature on Justin Timberlake’s new video tribute to his grandparents and their 63-year-long marriage.

Made me think of this Leonard Cohen video, which I think is far superior (although I kind of like Timberlake in general) and which can always stand some revisiting. Ignore the literalism of the burning violin and the hokiness of the young actors; it’s the older couples I’m talking about, and they’re the heart of the video:

Posted in Music | 10 Replies

Harvard Commencement Day speakers: upward and onward

The New Neo Posted on March 20, 2013 by neoMarch 20, 2013

Here are some samples from the list of Harvard Commencement Day speakers over approximately the last century and a half. I’ve left out ones you’re unlikely to have heard of, which mostly occur in the early years anyway, and selected out the most illustrious, but the pattern is very clear. Until recently the honor was always given to someone outstanding in a field that seemed to fit the august occasion: influential statesmen, politicians, heads of state, diplomats, academics, scientists, economists, jurists, and the occasional man (or woman) of letters.

In 1942 and 1944 there were two uncharacteristic years when journalists received the honor, but for the most part the tradition of sober eminences continued unabated till recently. And diversity was hardly ignored. The first black man was 1949’s Ralph Bunche (who was also an alum), the first woman was in 1957 (Lady Barbara Jackson, economist, writer, and environmentalist who received an honorary degree), and the first black woman was Barbara Jordan in 1977.

In 1947 George Marshall used the occasion to outline the plan that would bear his name. Stuff like that.

Whether you agree or disagree with the choices and approve or disapprove of their achievements and/or politics, there’s no denying this was a group with gravitas. Here are some of the rest (note the father/grandson combo, as well as one person who spoke twice, once in 1976 and again in 2002):

(1844) Charles Lyell.

(1862) John Stuart Mill.

(1875) Thomas Carlyle.

(1890) Leslie Stephen

(1904) Henry Cabot Lodge (the elder).

(1914) Sir Charles Fitzpatrick

(1927) Josiah Stamp

(1934) Harold W. Dodds

(1940) Cordell Hull and Carl Sandburg

(1943) Winston Churchill

(1945) Alexander Fleming

(1947) George Catlett Marshall

(1949) Ralph Bunche

(1952) John Foster Dulles

(1954) Henry Cabot Lodge, Jr.

(1955) Konrad Adenauer

(1956) John Fitzgerald Kennedy

(1958) Raymond Aron

(1962) Lionel Trilling

(1963) U Thant

(1965) Adlai Stevenson

(1968) Mohammed Pahlevi (Shah of Iran)

(1971) Alan Paton

(1974) Ralph Ellison

(1976) Daniel Patrick Moynihan

(1977) Barbara Jordan

(1978) Aleksandr Solzhenitsyn

(1985) Paul A. Volcker

(1989) Benazir Bhutto

(1990) Helmut Kohl

(1993) Colin Powell

(1994) Al Gore

(1995) Vaclav Havel

(1997) Madeline Albright

(1999) Alan Greenspan

(2002) Daniel Patrick Moynihan

(2004) Kofi A. Annan

And then, a shift. in 2005 it was actor John Lithgow (who at least was also an alum, Class of 1967). This was quite a radical departure, and it seemed to set a new, airier tone. For example, children’s book author J.K. Rowling got the honor in 2008.

And now for 2013 we have (drum roll please) former talk show host and current philanthropist Oprah Winfrey.

If the reaction to Rowling in 2008 is any guide, some Harvard students are going to feel disgruntled:

“I think we could have done better,” shrugged computer science major Kevin Bombino. He says Rowling lacks the gravitas a Harvard commencement speaker should have.

“You know, we’re Harvard. We’re like the most prominent national institution. And I think we should be entitled to … we should be able to get anyone. And in my opinion, we’re settling here. “…

[Senior Andy Vaz said] “They should have picked a leader to speak at commencement. Not a children’s writer. What does that say to the class of 2008? Are we the joke class?”

The trajectory is clear: pop culture has won out. These are the new leaders. After all, Harvard says so.

Posted in Academia, Historical figures, People of interest, Pop culture | 36 Replies

Here’s my advice for the Republican Party:…

The New Neo Posted on March 20, 2013 by neoMarch 20, 2013

…don’t take “helpful” advice from columnists on the left about what you should or should not do.

They are, by definition, concern trolls.

And I’m not at all impressed by articles like this one about how Obama’s popularity has fallen. So what? He only needed to be popular until November 6th, 2012. And now he only needs to be more popular than the Republicans—which isn’t such a difficult feat, especially since he blames them for everything.

As long as Obama is president, he can get around the restrictions of the office to a great extent by executive actions that circumvent the legislature, and he has the bully pulpit and the undying support of the MSM (and “support” is really too weak a word for it) in this and all his other endeavors.

Obama has long-term goals, too, which are really even more important to him than the short-term ones of passing legislation. It has often been said that Obama is on a never-ending campaign, but I think it’s often misunderstood what this campaign is about. It’s not only about being re-elected, although that was certainly a top priority. It has also always been about the transformation of the electorate into a permanent Democratic-voting majority demanding of a European-style welfare state.

And he may have accomplished those goals, the culmination of a century-long campaign by the left. So I suppose I shouldn’t give Obama all the credit (that is, blame); it’s not like he did this all himself.

Posted in Liberals and conservatives; left and right, Obama, Politics | 28 Replies

The return…

The New Neo Posted on March 20, 2013 by neoMarch 20, 2013

…of the Twinkie.

I never, never ever, cared for the things, so I don’t have a dog in this race. But some of you may care very, very much.

Posted in Finance and economics, Food | 8 Replies

Cyprus roundup

The New Neo Posted on March 20, 2013 by neoMarch 20, 2013

More on Cyprus:

Here’s a good article about why what happened in Cyprus is important.

And the comments to the article are worth looking at, too.

This article gives a clear explanation of how the EU could be so stupid. They’re actually not so very stupid, merely covering their own butts, for the moment at least, hoping the crocodile will eat them last.

Here’s another about the reasons for the stupidity.

And here’s some comic relief—except I’m not sure it provides any relief (hat tip: Powerline):

Cyprus

Posted in Finance and economics | 2 Replies

The Cyprus Parliament…

The New Neo Posted on March 19, 2013 by neoMarch 19, 2013

…did in fact reject the bill to “tax” bank deposits, even though it had been amended to exclude smaller investors from the levy. The vote was 36 against, 0 in favor, and 19 abstentions.

Hundreds of protesters outside Parliament cheered in jubilation and sang the national anthem when they heard the bill had not passed.

I cheer, too, although I’m not sure the damage hasn’t been done to people’s trust in the banks and the people who oversee them, and especially the EU leaders (that is, if people still trusted the EU leaders in the first place, which I doubt).

And of course, the money will still have to come from somewhere. Maybe we can get a magician to pull it out of a hat?

Increasingly, governments and institutions such as the EU consider the rules something to be circumvented rather than protected, if it suits their needs. Ends, means, and all that. Obama did it with the Chrysler creditors. Commenter “Ray” points out that the British government raided private pension funds a while ago (see also this). There may be others I haven’t heard about. And now this recent attempt by the EU.

The trends are clear. But to notice trends, one must be looking. How many people are? At least the Cyprus thing seems to have gotten a lot of people’s attention—although probably not enough. And I bet that, if the grab had been limited to the “very rich” in the first place, it would have been just fine with a majority of people, both here and in Europe.

The problem in Cyprus was that the cooks turned up the temperature on the frog too quickly, and it jumped out of the pot. For now.

[NOTE: By the way, from the Wiki article about the frog metaphor:

According to contemporary biologists the premise of the story is not literally true; a frog submerged and gradually heated will jump out. However, some 19th-century experiments suggested that the underlying premise is true, provided the heating is sufficiently gradual.]

[ADDENDUM: European Member of Parliament Daniel Hannan opines (hat tip Legal Insurrection):

The least bad option for a country in Cyprus’s condition is to price its way into the market and export its way back to growth. But that would mean giving up on the dream of a European federal state.

Do you remember that, when the euro was launched, we were told it would add 1 per cent to its members’ growth every year in perpetuity?

As recently as four years ago, when the credit crunch hit, the anti-British leader of the Euro-liberals, a former Belgian president called Guy Verhofstadt, was sneering that the UK would soon be begging for permission to join.

Now we see the truth. The dream of political union matters more to Europe’s governing caste than the well-being of the people they represent. Shame on them.

Unfortunately, I don’t think shame is in their vocabulary.]

Posted in Finance and economics | 29 Replies

Little Brother…

The New Neo Posted on March 19, 2013 by neoMarch 19, 2013

…is watching you.

Posted in Uncategorized | 16 Replies

The Cyprus Parliament may show some common sense…

The New Neo Posted on March 19, 2013 by neoMarch 19, 2013

…unlike the EU “leaders” and the Cyprus president who agreed to the reckless trashing of the people’s trust in the integrity of their bank accounts:

Cyprus’s Parliament is likely to reject an international bailout package that involves taxing ordinary depositors to pay part of the bill, President Nicos Anastasiades said Tuesday, despite a revision that would remove some objections by exempting small bank accounts from the levies…Should the measure fail in Parliament, Mr. Anastasiades and his E.U. partners would have to return to the negotiating table.

I’ve said many times that I’m not a financial or economics expert; far from it. But I do credit myself (pun intended) with a fair amount of common sense.

Which is more than I can say for people like IMF managing director Christine Lagarde, who may be smart about the money angle but who doesn’t seem to understand the first thing about human beings, which after all are a part of the equation here. Lagarde has said that she thinks if the smaller depositors are excluded from the “tax” on deposits that will be a good fix, but she’s ignoring the effect it has on trust as a whole.

I repeat: the banking system is built on trust. Undermine it—raid the accounts of depositors, no matter how rich, no matter if they’re mostly Russian gangsters—and you do it at the peril of the entire structure.

It’s not rocket science.

[NOTE: By the way, Lagarde does not appear to be a leftist. She is described as being a member of a “center-right” party in France, or what passes for center-right there, which is sometimes to the left of what we in the US would call “center-right.”

It’s not especially relevant, but Lagarde was appointed to her current position to fill the shoes of Dominique Strauss-Kahn. Remember him?]

[ADDENDUM: It continues to occur to me that this is very similar to what Obama did with the Chrysler negotiations. Revisiting:

Why would anyone lend money to heavily unionized companies knowing that if things went wrong, the president and his men could trash their security interests by executive decree, hold them up to public vilification, and subject them to future retribution by regulators?”¦

How is the Federal Government supposed to unwind its ownership in the growing number of companies it has nationalized if prospective buyers know that should things ever take a turn for the worse, Uncle Sam will be back demanding extralegal “sacrifice” in the name of “saving” jobs?

How is private credit supposed to “start flowing again” if the United States of America morphs into a caudillo-run kleptocracy whose explicit policy is to “empower the workers,” chasing ever higher poll numbers by demonizing the very people whose job it is to provide credit?]

Posted in Finance and economics | 10 Replies

The wheels of justice: the Isabella Stewart Gardner perps

The New Neo Posted on March 19, 2013 by neoMarch 19, 2013

It was a spectacular art heist, memorable even today, twenty-three years later: the theft of thirteen works of art valued at a grand total of five hundred million dollars, but actually priceless because they are irreplaceable.

There was this rare Vermeer:

Jan Vermeer's "The Concert," oil on canvas, painted circa 1658-1660, was one of the 13 paintings sto..

And this Rembrandt:

rembrandt

In stolen police uniforms, they came to the museum one evening and rang the buzzer for the guards to let them in. Then they tied the guards up, disabled the video system, and went about their work:

…in the Dutch Room, where they yanked one of Rembrandt’s earliest (1629) self-portraits off the wall. They tried to pry the painted wooden panel out of its heavy gilded frame, but when Rembrandt refused to budge, they left him on the floor, a little roughed up but remarkably sturdy at age 376. They crossed worn brown tiles to the south side of the room and cut two other Rembrandts out of their frames, including the Dutch master’s only known seascape, Christ in the Storm on the Sea of Galilee, and a double portrait titled A Lady and Gentleman in Black. From an easel by the windows, they lifted The Concert, a much-loved oil by Johannes Vermeer, and a Govaert Flinck landscape, long thought to have been painted by Rembrandt, whose monogram had been forged on the canvas. Before the intruders departed, they snapped up a bronze Chinese beaker from the Shang era (1200-1100 b.c.) and a Rembrandt etching, a self-portrait the size of a postage stamp.

A hundred paces down the corridor and through two galleries brimming with works by Fra Angelico, Bellini, Botticelli and Raphael, the thieves stopped in a narrow hallway known as the Short Gallery. There, under the painted gaze of Isabella Stewart Gardner herself, they helped themselves to five Degas drawings. And in a move that still baffles most investigators, they tried to wrestle a flag of Napoleon’s Imperial Guard from its frame and, failing, settled for its bronze eagle finial. Then, back on the ground floor, the thieves made one last acquisition, a jaunty Manet oil portrait of a man in a top hat, titled Chez Tortoni. By some miracle, they left what is possibly the most valuable painting in the collection, Titian’s Europa, untouched in its third-floor gallery.

The raiders’ leisurely assault had taken nearly 90 minutes. Before departing the museum that night, they left the guards with a promise: “You’ll be hearing from us in about a year.”

But the guards never heard a word…

There were many false sightings of the works, but they have never been found. The world of black market art is vast and the thieves are often hugely successful:

Some 160,000 items””including paintings, sculptures and other cultural objects””are currently listed by the Art Loss Register, an international organization established in 1991 to track lost or stolen art around the world. Among the objects on their list today are the 13 items snatched from the GardnerMuseum as well as 42 other Rembrandt paintings, 83 Rembrandt prints and an untitled painting attributed to Vermeer that has been missing since World War II. The register records more than 600 stolen Picassos and some 300 Chagalls, most of them prints. An additional 10,000 to 12,000 items are added each year, according to Alexandra Smith, operations director for the London-based registry, a company financed by insurers, leading auction houses, art dealers and trade associations.

Such registries, along with computer-based inventories maintained by the FBI and Interpol, the international police agency, make it virtually impossible for thieves or dealers to sell a purloined Van Gogh, Rembrandt or any other wellknown work on the open market. Yet the trade in stolen art remains a brisk one.

In recent years, big-ticket paintings have become a substitute for cash, passing from hand to hand as collateral for arms, drugs or other contraband, or for laundering money from criminal enterprises. “It would appear that changes in the banking laws have driven the professional thieves into the art world,” says Smith of the Art Loss Register. “With tighter banking regulations, it has become difficult for people to put big chunks of money in financial institutions without getting noticed,” she explains. “So now thieves go out and steal a painting.”

Read the whole thing; it’s really quite fascinating.

But that article was written in 2005, and today the Gardner thieves have been named. Or actually, they haven’t been named, although the FBI says it knows their names and that they are members of a large New England-based art theft ring.

Why so mum? Here’s why:

The statute of limitations has since run out on the theft and officials have said naming the suspects would be “imprudent,” given the continuing effort to recover the art work. DesLauriers said the announcement today, on the 23rd anniversary of the heist, was intended to increase public awareness, possibly leading to the artwork being found.

“The FBI believes with a high degree of confidence in the years after the theft the art was transported to Connecticut and the Philadelphia region and some of the art was taken to Philadelphia where it was offered for sale by those responsible for the theft,” DesLauriers said…

Although the statute of limitations has run out, anyone in possession of the paintings could still be held criminally liable, according to U.S. Attorney Carmen Ortiz.

Authorities urged those who are in possession of the art to turn it in, whether they leave it at a church, go through an attorney, or find another way to anonymously return it.

“As we have said in the past, the U.S. Attorney’s Office will consider the possibility of immunity from criminal prosecution for information that leads to the return of the paintings based on the set of facts and circumstances brought to our attention.

So the statute of limitations has run out on the perpetrators, but not on the accessories after the fact, the buyers (who may or may not know of the illegal provenance of the works, although common sense tells us they of course do know)? This seems backwards to me. A crime of this magnitude should have a longer period in which it can be prosecuted. And by using the word “magnitude” I’m not just talking about the monetary value, although that’s part of it. This is a crime that robs us all of the chance to see works that are part of the world heritage of great art.

I’m guessing that the owners of the art will not be coming forward and returning the paintings, with such a tepid offer of possible immunity. First of all, they will lose the money they’ve invested in the art, which was probably a pretty penny. Second of all, they almost certainly knew the art was stolen when they bought it and do not care. No, this case will only be cracked if the FBI finds who the buyers are and arrests them. As for the perps, they’ve been laughing all the way to the bank.

Except they probably don’t use banks.

Certainly not ones in Cyprus—not anymore, anyway.

Posted in Law, New England, Painting, sculpture, photography | 6 Replies

Thank you, thank you, thank you!

The New Neo Posted on March 18, 2013 by neoMarch 18, 2013

To all who donated, a huge and heartfelt thanks! Every bit is appreciated, and helps me continue this blog.

And thank you to all my readers.

Posted in Blogging and bloggers, Dance | Leave a reply

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