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Showing posts from February, 2010

Kanjorski & Armey - a worthy dual.

T his morning, while watching CNBC's Squawk Box (as I frequently do while dressing for work), I was struck by a welcome reminder that civility and reasoned political discourse still exist. Democratic Congressman Paul Kanjorski  and former Republican House Majority Leader Dick Armey  debated.  The issues and the exchanges mattered less to me than the tone and outcome of the segment.  Neither man gave much ground, but neither fell prey to stupid sniping or demagogic interruptions while the other man spoke.  Honest officials can put forth opposing views without acting like vicious morons. I don't know if it is because Mr. Armey and Mr. Kanjorski were reared in an earlier era, or if actual maturity comes to one later in life.  All I know is this: Joe Wilson rants and Keith Olbermann types do us no good.  

Torinus & Geanakoplos

T oday, while viewing old e-mail on a frosty Sunday, I came upon a message I sent August 16, 2009 to Milwaukee columnist and entrepreneur, John Torinus.  Mr. Torinus has some terrific ideas about creating fiscal health and opportunity here in the Badger state.  However, I was piqued by something in his column last summer and I wrote to him: "John, While I agree with 95% of the column, the notion – apparently advanced by John Geanakoplos -- that the government ought to force “a write-down of principal on sub-prime home loans that are under water” is wrong.  I recall hearing one of your presentations on healthcare and the insurance plans of yesteryear which offered no incentive to control costs (as opposed to high deductible plans many of us now have). You likened the situation to a 10 cent Martini night that you observed as a young Marine. Such arrangements, you reminded the audience, just might lead one to be “over-served.” Well that’s precisely, the st...