Wednesday, May 12, 2010

Cultural Immaturity


It just seems peculiar....  From The Washington Post:

A chorus of black commentators and civic leaders has begun expressing frustration over Kagan's hiring record as Harvard dean. From 2003 to 2009, 29 faculty members were hired: 28 were white and one was Asian American.
tzleft.roland.martin.cnn.jpgCNN pundit Roland Martin posted a column slamming Kagan's record on diversity as one that a "white Republican U.S. president" would be criticized for. "There would be widespread condemnations of Republicans having no concern for the non-white males in America," he wrote.
Black civic leaders discussed their concerns Tuesday with White House officials, including senior adviser Valerie Jarrett. Afterward, the Rev. Al Sharpton said Jarrett had described the role civil rights groups could play in supporting future nominees for solicitor general and district and appellate court judges.
Kagan's nomination, Sharpton said, "is already made and most of us are inclined to support it."  
U.S. Solicitor General Elena Kagan On Sunday, members of a coalition of black women sent a letter to President Obama expressing both their concerns about Kagan, now U.S. solicitor general, and disappointment that a black woman was not chosen for the nation's highest court.  [read more]

U.S. Solicitor General Elena Kagan Photo: AP 
I can appreciate their focus... as voices of an immature viewpoint.  Why immature?  A mature perspective would argue that merit... legal knowledge, judicial experience, and judicial respect by peers... should be more important than gender or ethnicity.  After all, this is about selecting someone who has the ability to judge based on the letter and logic of the law... not how they were treated by some other ethnic group vying for neighborhood supremacy.

Given the fact that blacks represent a small minority of the U.S. population and have a smaller percentage of their percentage advancing through the rigors of law schools... or any other college curriculum... than most other racial/ethnic groups, is it unreasonable that, based on merit as defined above, the choice of a black woman to the Supreme Court would likely be on some other basis than merit?  And is that desirable?  This is not the 9th Circuit Court where law is loosely interpreted.  This is the Supreme Court of the United States of America.

The argument for blatantly racial and gender bias shows the immaturity of the black voices who are supposed to be representing the viewpoints of their racial/ethnic brethren.  If they are indeed representative, then one must conclude there exists a basic immaturity of reasoning associated with that group.
I find it easier to conclude that those so-called "representative voices" are simply children who have aged physically.
That said, it should be interesting to see how Ms. Kagan stands the test of merit.

It is unfortunate that it seems a Supreme Court candidate has to be a black-Hispanic, lesbian, with "experiences" rather than a supremely knowledgeable scholar of Constitutional law in order to satisfy the mindless yammering of those who believe "representation" is the proper criterion for that high court.

Perhaps they are confusing the process with Dancing With The Stars where you get to vote for your favorite... so the really klutzy one can stick around because he or she is "your klutzy one."



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There is always an easy solution to every human problem—neat, plausible, and wrong.
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“The Divine Afflatus,” A Mencken Chrestomathy, chapter 25, p. 443 (1949)
... and one could add "not all human problems really are."
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Tracking Interest Rates

Tracking Interest Rates


SEARCH BLOG: FEDERAL RESERVE for full versions... or use the Blog Archive pulldown menu.

February 3, 2006
Go back to 1999-2000 and see what the Fed did. They are following the same pattern for 2005-06. If it ain't broke, the Fed will fix it... and good!
August 29, 2006 The Federal Reserve always acts on old information... and is the only cause of U.S. recessions.
December 5, 2006 Last spring I wrote about what I saw to be a sharp downturn in the economy in the "rustbelt" states, particularly Michigan.
March 28, 2007
The Federal Reserve sees no need to cut interest rates in the light of adverse recent economic data, Ben Bernanke said on Wednesday.
The Fed chairman said ”to date, the incoming data have supported the view that the current stance of policy is likely to foster sustainable economic growth and a gradual ebbing in core inflation”.

July 21, 2007 My guess is that if there is an interest rate change, a cut is more likely than an increase. The key variables to be watching at this point are real estate prices and the inventory of unsold homes.
August 11, 2007 I suspect that within 6 months the Federal Reserve will be forced to lower interest rates before housing becomes a black hole.
September 11, 2007 It only means that the overall process has flaws guaranteeing it will be slow in responding to changes in the economy... and tend to over-react as a result.
September 18, 2007 I think a 4% rate is really what is needed to turn the economy back on the right course. The rate may not get there, but more cuts will be needed with employment rates down and foreclosure rates up.
October 25, 2007 How long will it be before I will be able to write: "The Federal Reserve lowered its lending rate to 4% in response to the collapse of the U.S. housing market and massive numbers of foreclosures that threaten the banking and mortgage sectors."
"Should the elevated turbulence persist, it would increase the possibility of further tightening in financial conditions for households and businesses," he said.

"Uncertainties about the economic outlook are unusually high right now," he said. "These uncertainties require flexible and pragmatic policymaking -- nimble is the adjective I used a few weeks ago."

December 11, 2007 Somehow the Fed misses the obvious.
[Image from:]
December 13, 2007 [from The Christian Science Monitor]
"The odds of a recession are now above 50 percent," says Mark Zandi, chief economist at Moody's "We are right on the edge of a recession in part because of the Fed's reluctance to reduce interest rates more aggressively." [see my comments of September 11]
January 7, 2008 The real problem now is that consumers can't rescue the economy and manufacturing, which is already weakening, will continue to weaken. We've gutted the forces that could avoid a downturn. The question is not whether there will be a recession, but can it be dampened sufficiently so that it is very short.
January 11, 2008 This is death by a thousand cuts.
January 13, 2008 [N.Y. Times]
“The question is not whether we will have a recession, but how deep and prolonged it will be,” said David Rosenberg, the chief North American economist at Merrill Lynch. “Even if the Fed’s moves are going to work, it will not show up until the later part of 2008 or 2009.
January 17, 2008 A few days ago, Anna Schwartz, nonagenarian economist, implicated the Federal Reserve as the cause of the present lending crisis [from the Telegraph - UK]:
The high priestess of US monetarism - a revered figure at the Fed - says the central bank is itself the chief cause of the credit bubble, and now seems stunned as the consequences of its own actions engulf the financial system. "The new group at the Fed is not equal to the problem that faces it," she says, daring to utter a thought that fellow critics mostly utter sotto voce.
January 22, 2008 The cut has become infected and a limb is in danger. Ben Bernanke is panicking and the Fed has its emergency triage team cutting rates... this time by 3/4%. ...

What should the Federal Reserve do now? Step back... and don't be so anxious to raise rates at the first sign of economic improvement.
Individuals and businesses need stability in their financial cost structures so that they can plan effectively and keep their ships afloat. Wildly fluctuating rates... regardless of what the absolute levels are... create problems. Either too much spending or too much fear. It's just not that difficult to comprehend. Why has it been so difficult for the Fed?

About Me

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Michigan, United States
Air Force (SAC) captain 1968-72. Retired after 35 years of business and logistical planning, including running a small business. Two sons with advanced degrees; one with a business and pre-law degree. Beautiful wife who has put up with me for 4 decades. Education: B.A. (Sociology major; minors in philosopy, English literature, and German) M.S. Operations Management (like a mixture of an MBA with logistical planning)