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Samstag, 6. April 2013

Secretary of State John Kerry - Attempting to diffuse Tensions with North Korea and Elsewhere

Former Massachusetts Senator, now Secretary of State John Kerry, was selected by President Obama at the Beginning of the Year to succeed Hillary Clinton's turbulent Reign.

John Kerry had come very close to becoming President of the United States, far closer than Hillary Clinton.  He lost the Election to George W. Bush in 2004 by only 34 or 35 Electoral Votes.  But lost he did and now, as soon as he became Secretary of State, one could sense the Difference in Tone which he established from the Onset.  He went to Afghanistan, an unsteady Ally which, in the Words of President Obama cost the United States „Blood and Treasure” in a non ostentatious Military Plane, rather than the Luxury Jetliner which Secretary Clinton relentlessly used during her Tenure.


 John Kerry arriving on a Military Plane in Kabul, Afghanistan for Talks with President Karzai
(February 2013)


Hillary Clinton arriving on the State Department's Luxurious Jetliner in Kabul, Afghanistan
for the Inauguration of President Karzai 
(Archive Photo)

Instead of „lecturing” President Karzai and letting a bad Situation becoming worse, Secretary of State Kerry showed real Diplomacy by seeking to calm down not only President Karzai but the entire Afghanistan Situation which remains extremely volatile and one in which the United States has decided, wisely, not to aimlessly throw any more „Blood and Treasure.”

But the Statemanship of Secretary of State Kerry and what distinguishes him sharply from former Secretary Clinton has become even more evident in recent Days, with the rapidly escalating Tensions with North Korea, where a Dictatorial Regime makes anything possible.

As Korean Dictator Kim Jong-Un unleashed one Verbal Escalation after another against the United States (and against South Korea as well), the Administration initially followed a Clintonesque „Tit for Tat” Series of Responses.  Then, the Secretary of State intervened.

He wisely saw that nothing good can come out of this, with Kim Jong-Un possibly willing to risk it all, including Nuclear Weapons, for a Conflict which the United States does not want and does not need.  Following a Series of uninterrupted Escalations and Threats, which still continue, North Korea has closed the Rajin-Sonbong Special Economic Zone to South Korea and, on Friday 5 April recommended that Germany and Russia, among other Countries, evacuate their Embassies in Pyonyang, the Capital of North Korea (Interestingly, we do not know if North Korea has asked China to evacuate its Embassy).

The Tone was neutralized; the United States Response was that Dialogue is still possible and that North Korea should consider taking down the Tone of its Escalations an Octave or two.  Secretary of State Kerry's thinking, we believe, is clear; obviously, North Korea could be defeated, „Bombed into the Stone Age” as the Late Senator B. Morris Goldwater may have put it some Decades ago but the Question is, does the United States need another Mess on its Hands.  We think Secretary Kerry may have quickly looked over the Situation (or perhaps he had done so long before he became Secretary of State); with the unfinished Business left in Afghanistan, a Mess in Iraq which President George W. Bush generously dumped on the Lap of his Successor and diplomatic Blunders by his Predecessor, Secretary Clinton in Egypt and elsewhere, he chose, wisely, to walk the higher Moral Ground, save Money and act with Deliberation.

One more Thing...Secretary of State Kerry, following the Example set by his Boss, President Obama, has decided to donate 5% of his Salary to Charitable Causes.

This stands in glaring Contrast with Secretary Clinton's Husband, former President Clinton, who, it is thought, amassed Millions (some say Billions) through lucrative Dealmaking with Foreign Leaders whom he had met, yeah...when he was President of the United States. 

Freitag, 5. April 2013

The Three Muses and Ketevan Kemoklidze

Ketevan Kemo-who?

Yet, we have all heard at one Time or another about The Three Muses, those serene Goddesses who inspire and guide, amongst other Things, the Arts.

 
The Three Muses (Louvre, Paris)

They may have a poetic Way of coming to aid at the absolute most opportune Moment...

So, as we wrote recently, while Plàcido Domingo was practicing Baritone in New York, James Conlon, the Conductor of the Los Angeles Opera, liberated from Mr. Domingo's „Directorate” was trying his absolute best in successive Performances of „La Cenerentola” by Gioacchino Rossini.  He needed one Thing:  a Voice to propel his Efforts over the Top.

 
James Conlon

Along come The Three Muses, ah...The Three Muses and they present to him for his last three Performances Ketevan Kemoklidze, a Mezzo Soprano from (the former Soviet Republic of) Georgia who delivers a stunning Performance of the Title Role.

 
Ketevan Kemoklidze
 
Here is Ketevan Kemoklidze singing the Finalé of „La Cenerentola, „Nacqui all'Affanno” and „Non più Mesta.”


In this Recording (Live Performance, Berlin, 2009), you can see the Conductor actually stopping the Orchestra at the End, so Kemoklidze can hold the final Verse, „Il mio Lungo palpitar.”

Samstag, 30. März 2013

Saturday's Matinée Performance at The Met - La Traviata (Again!)

       

Habits are not easy to break; whether they be good or bad.  Take, „La Traviata” (Music by Giuseppe Verdi, Libretto by Francesco Maria Piave).  This is one of the most widely performed Operas by Repertories Worldwide; it has endured literally unbroken Popularity since its Première in 1853 at Teatro La Fenice in Venice.

 
Marquis, Opening Night, La Traviata, Teatro la Fenice, Venice,
6 March 1853

The Metropolitan Opera in New York has performed and also broadcast this Work numerous Times, recently in the much talked aboout Willy Decker „hurried” Production on which we expressed some Concerns in this Column back in January 2011.  Unfortunately, the Met decided in reviving this Production in 2013 wíth a nationally and internationally broadcast Performance on 30 March 2011, on their regular Saturday Matinée.

There is one fantastic Thing to say about the 2013 Revival, Soprano Diana Damrau, from Günzburg, Bavaria, appearing, we think, for the First Time at the Met.  And it is about Time.  She has a spectacular Voice, even though this would also be the First Time she sings the Role of Violetta.  (She will be singing Violetta again in Zürich in May).


Soprano Diana Damrau
 
The Rest though, is much of the Same or, maybe even a Little worse.  Conducting is Yannick Nézet-Séguin and he is no Gianandrea Noseda, who conducted La Traviata in 2011 at the Met.  Conductor Nézet-Séguin did Justice to the hurried and uninispiring Willy Decker Production; he was obviously in a Hurry himself, having to conduct a Concert in Philadelphia, 100 Miles away, later on the same Day.

The Met's Desperation to populate the Stage with „Stars” is also evident in the ill advised Choice of Plàcido Domingo in the Baritone Role of Giorgio Germont (Alfredo Germont's Father) something which Domingo accepted to do gleefully.  There is something to be said for Domingo who wants to show he can do it all, sing Tenor (at which he unquestionably excelled), conduct, be an Artistic Director (Los Angeles Opera) and now, sing Baritone as well.  There is also something to be said about not wanting to do all these Things.

But there is Magic in it all, albeit in a strange and possibly perverted Way.  3000 Miles away, Conductor James Conlon, liberated from the „Directorate” of Plàcido Domingo, who was far away in New York trying to be a Baritone, conducted a spectacular orchestral Performance of „La Cenerentola” in an inspiring and artistically refreshing Production with, it must be said, a sadly inadequate Cast.  But in watching Mastro Conlon conducting, one could feel the Freedom, the Creativity and the unbound Enthusiasm that he put into his Orchestra (and, yes, in the Cast, too) trying to bring out the best Performance he could possibly do of this Rossini Masterpiece.

For those who might be curious to know what a „non hurried” Performance of La Traviata sounds like, here is Maria Callas, with Giuseppe di Stefano, singing the famous Brindisi (Libiamo) from Act I of La Traviata, in México City in 1952 and, again, in Milan in 1955 (Live Performances).
 
 
Maria Callas
 
This was Callas at the Zenith of her Career.

Freitag, 29. März 2013

The Defense of Marriage Act - Arguments before the Supreme Court

The Second Day of Arguments before the Supreme Court of the United States concerned the Defense of Marriage Act, which is a Federal Law.  This Case has nothing to do with the Right of Homosexuals (or Lesbians, or Transgendereds) to marry, rather, it was an Appeal from a Case called United States v. Windsor, a Case of a Lesbian Couple married in Canada but who lived in the United States.  Edith Windsor's Lesbian Spouse died and Windsor was faced with an Inheritance Tax on which the Internal Revenue Service refused to apply the Marital Exemption.  Windsor had married someone named Thea Clara Speyer in 2007.  Unfortunately for Windsor, Speyer was not poor and she also died Two Years after the Canadian „Marriage” thus exposing Windsor to a $ 360,000 Inheritance Tax Bill.

Windsor's Lawsuit and Appeals were based centrally, if not solely on this Ground:  $ 360,000.  Windsor got, obviously, a substantial Inheritance from Speyer, even after paying the Federal Inheritance Tax which, it must be noted, has been in Effect, until very recently, at Rates much, much lower than previously.

However, that appears to have been of little Consolation to Edith Windsor who wanted it all, meaning, the $ 360,000 which would have fallen under the Federal Inheritance Marital Exemption as well.

The Arguments by Donald Verilli, Solicitor General, arguing against himself (and the United States) and former Solicitor General Paul Clement, arguing, „on Paper” on Behalf of Congress, were varied.  The Supreme Court even appointed another Lawyer, Vicki Jackson, a Harvard Law Professor, to argue whether the Court even had Jurisdiction on the Case.  Ms. Windsor's own Lawyer argued for the Money.

So, the Bottom Line on the Case, for Ms. Windsor, anyways, distills down to the $ 360,000 and Sum which she may have easily spent on Lawyers so far and which may not recover (plus, likely, the $ 360,000 Inheritance Tax), unless she prevails, which she well may.

There is an Issue of Public Policy, however, which was not argued before the Court and which could not be argued, that being, in this Era of Crises where Loopholes in various Federal Tax Laws are being questioned, paramount amongst them, the Federal Inheritance Tax Loopholes, whether the overall Process of the Interest of the Nation is being pushed forward through the Inclusion of more People into the Loophole.

It seems the Case regarding the Defense of Marriage Act, United States v. Windsor, is basically about Money, in an Æra when the Federal Government should be (as it was) looking for every possible Source of Revenue, where consideration should be given to contracting rather than enlarging, Federal Revenue Gaps and Loopholes.

Donnerstag, 28. März 2013

Pascha et Paschatis - Ostern und Pessach - 2013

Felix Pasche
Buona Pasqua
Happy Easter
Frohe Ostern
Joyeuses Pâques
Felices Pascuas
Շնորհավոր Սուրբ Զատիկ
„Peysekh” - Sholem

Mittwoch, 27. März 2013

The Supreme Court - Oral Arguments on Homosexual Marriage - Addendum

Addendum:  One of our Readers brought up an interesting Point on our just prior Discussion regarding the Oral Arguments before the Supreme Court, the Questioning by Mme. Justice Sotomayor, Chief Justice Roberts and the Arguments of Attorney Theodore Olsen:

(This Line of Argument was not raised in the Exchanges between the Justices and Attorney Olsen but it would have been, we think, an interesting one)

OK, OK, Moslems...let's keep them out of the Discussion for the Moment but how about the Mormons?

Do States have a Right to restrict Mormons from their „Freedom of Religion” and prohibit Marriages to multiple Spouses?

Then, see Mr. Olsen's Reply to Justice Sotomayor and Justice Roberts' Questioning which begs the Question, why Mormons would be denied their „Constitutional Right” to „Freedom of Religion” by getting married to 3, 6, 12, 16 or Goodness knows to how many Spouses...

Notes:  Mormons are one of the largest, the fastest growing and the richest Religious Denomination in the United States.  Mormon Churches have $ 60 Billion in Cash Assets in the Bank.  Nowhere near enough to eliminate the Federal Deficit, but still...

All States have Legislation which outlaws Multiple Spouses.  None of these Laws has been found to be unconstitutional.

The Supreme Court - Oral Arguments on Homosexual Marriages

On Tuesday the Supreme Court of the United States heard Oral Arguments on one of the two Cases on the Issue which the Court agreed to review; today's Arguments were on the California Initiative (Proposition 8) prohibiting Homosexual Marriages which was ruled invalid by lower Federal Courts.  The Pressure on the Court in recent Weeks to issue a Finding that any Prohibition on Homosexual (i. e., Gay) Marriages is unconstitutional has been enormous. 

The Arguments and Questioning by the Justices were often amusing; there was Laughter in the Court on more than one Occasion.  We would like to focus on one such Instances which, despite being amusing, raise relevant Issues.

The Issue that caught this Column's Attention is Polygamy.

Essentially, if the Argument against a Prohibition against Homosexual Marriages is to be equated to similar Arguments against miscegenation, for Example (which were ruled unconstitutional by the Court), then, well, then, here is an Exchange between Mme. Justice Sotomayor and Attorney Theodore Olson:


Mme. Justice Sonia Sotomayor

Sotomayor: If you say that marriage is a fundamental right, what state restrictions could ever exist?

Olson: "Well, you've said -- you've said in the cases decided by this Court that the polygamy issue, multiple marriages raises questions about exploitation, abuse, patriarchy, issues with respect to taxes, inheritance, child custody, it is an entirely different thing. And if you -- if a State prohibits polygamy, it's prohibiting conduct. If it prohibits gay and lesbian citizens from getting married, it is prohibiting their exercise of a right based upon their status."

 
Attorney Theodore Olsen

which then allowed Chief Justice Roberts to raise the Issue of the Definition of Marriage, the „Label:”

Roberts: “So it's just about — it's just about the label in this case.”

Olson: “The label is — ”

Roberts: “Same-sex couples have every other right, it's just about the label.”

Olson: “The label ‘marriage’ means something. Even our opponents — ”

Roberts: “Sure. If you tell — if you tell a child that somebody has to be their friend, I suppose you can force the child to say, this is my friend, but it changes the definition of what it means to be a friend. And that's it seems to me what the — what supporters of Proposition 8 are saying here. You're — all you're interested in is the label and you insist on changing the definition of the label.”
Olson: “It is like you were to say you can vote, you can travel, but you may not be a citizen. There are certain labels in this country that are very, very critical.”

 

Chief Justice Roberts

The above Exchanges expose, rather than resolve, the Difficulties of the Issue of Homosexual Marriages.

What would be the Consequences of the Ruling by the Supreme Court, no Matter in which Direction it goes (some are suggesting that the Supreme Court is tending towards as „narrow” Ruling) to, say, Muslims in the United States, which is soon becoming a „Multi-Culty” Society, for wanting to exercise their Religious Right to Polygamy?  Would a Denial of the Right of Muslims to engage in Polygamy be a Denial of their Right to freely exercise their Religion?

The Issue is complex, difficult and will hang as a Damocles' Sword over Generations yet unborn; certainly this is going into uncharted Waters, as many Things seem to be doing these Days; the Challenges that the Supreme Court is facing in coming down with a Decision on this Case are immense and burdensome; burdensome on future Generations; Things are not as simple as Mr. Olson, who has switched Positions and Affiliations with ease in his Career, would have us believe they are.

 

Mittwoch, 20. März 2013

Mr. Bernanke's Reaction to the Cyprus Crisis

Folks,

Here is what Mr. Bernanke said regarding the Cyprus Financial Crisis:  He said,

Bernanke: Cyprus poses 'no major risk' to U.S. banks, economy

The U. S. Stock Market reacted positively to Mr. Bernanke's Comments.


Data as of 5:16pm ET
Wednesday’s Close:
  • Dow +55.91

    14,511.73
    +0.39%
  • Nasdaq +25.09

    3,254.19
    +0.78%
Mar 20 4:56pm:
U.S. stocks rose Wednesday after the Federal Reserve reiterated that its stimulus measures will remain in effect until the job market gets back on track

In Cyprus, Demonstrations against the now rejected Bailout Plan, linked to expropriating 10% of the Value of Savings Accounts, continued, accompanied by many Placards in English, an interesting one, stating, „Aphrodite is angry.”  Banks continued to remain closed.
 



Aphrodite, or Venus, as she is known to many of us was and continues to be, in the Minds of many, the Goddess of Love.

What we don't know, of course, is just how angry she is and just what she exactly might be thinking about the European Central Bank, which came up with their ,,Rescue Plan” or, for that Matter, Mr. Bernanke, who seems to be steering clear of her at any Cost.  In this Case, the Cost seems to be that of pumping more Money through the „Discount Window” to Financial Institutions deemed „Too big to fail.”

One Thing we know, from Greek Mythology and the Renaissance is that when Aphrodite was born, she was anything but angry.


The Birth of Venus by Sandro Botticelli
 
Her Daddy, Zeus, though, was another Story.  No one would have wanted to mess around with him, especially when he got angry.

Cyprus and the Stock Market

This Column has long been critical of the Policies of The Federal Reserve and others, but particularly those of Mr. Bernanke, by pointing out the Low Interest, Easy Money Policies which The Fed has pursued, not only under Mr. Bernanke but also before (under Mr. Greenspan, for Example), but Policies which have been exacerbated during the Tenure of Mr. Bernanke.

Particularly, in the View of this Column but not only this Column, in the Opinion of others, including many respected Economists both in the United States and elsewhere, the Policies of the Fed have made it possible for the Stock Market to propel to Record Highs, in the Face of a languishing Economy, High Consumer Debt, the Mortgage Crisis, staggering Federal Deficits and so on.

Interesting, however, have been some of the Explanations which have come forward in order to explain the relentless upward Gyrations of the Stock Market from various Apologists and Allies of these Policies, including but not limited to, that Financial Powerhouse known as Goldman Sachs which, some consider to be an Arbiter of the Financial Movements on the Stock Market.

One of the Arguments most strongly pursued by these Apologists has been the „Global Nature” of the Stock Market, meaning that the World Economies are so tightly intertwined that the Stock Market represents not only a Barometer of the U. S. Economy but of the Global Economy and Financial Movements as well.

So, along this Week comes an „Inconvenient Truth,” that of a little Insular Country in the Eastern Mediterranean called Cyprus, a place many People have not even heard of.


Cyprus

Cyprus is a relatively tiny Island with enthic Problems of its own but which joined the Euro and, because of its unique Location, it attracted immense Offsore (well, Cyprus itself is Offshore!!!) Deposits from Russia and elsewhere.  Because Cyprus has close Relations with Greece, much of these Deposits were invested in Greece and other Places where they should not have been invested and the Result has been a Financial Disaster which may cause two or more of the Cyprus Large Banks to collapse and drag the whole of Cyprus into Collapse with them. 



Unspoiled Cyprus Shoreline

The European Central Bank has orchestrated a „Bailout” of Cyprus but, mindful of the Disaster in Greece and looming potential Disasters in Spain, Portugal, Italy or even France, it has „linked” the Bailout to a 10% Expropriation to be levied on all Savings Accounts, in order to help pay for the Bailout.  Although this was later modified to apply only to Savings Accounts above a certain Limit, the Resistance to such a Plan was monumental.  After considerable Turmoil on the Streets, accompanied by a „Bank Holiday” which caused a horrifying Liquidity Crunch in a Matter of Days, the Cypriot Parliament turned down the „Help” thus forcing the Situation forward into uncharted Waters.  Whereas, earlier, Huge Banks such as Deutsche Bank and, possibly, some American Banks and other Foreign Banks were not allowed to fail because of the Greek Financial Crisis (The „Too Big to Fail” Theory), large Cypriot Banks, tiny in comparison to Multinational International Banks may be allowed to fail.  We simply don't know.

However, all this presents a Dilemma for the Apologists and Supporters of the Stock Markets in New York, where the Dow Jones Industrial Average just recently catapulted, at galloping Speed, over the 14,000 Mark, citing, „Strength in the Economy.”

So, the following Explanation came forward:  it said, the  Cyprus Financial Crisis will actually help U. S. Markets because Investors will have no Choice but to seek Refuge in the U. S. Markets.  Throw out the Window „Globalisation,” High Unemployment, Horrendous Deficits, Disastrous Balance of Payments and, lest we forget, „Derivatives” championed by many, not least of whom, Goldman Sachs, which brought the United States Economy and Banking System to the Brink, requiring huge, partly unfunded Bailouts not only of Banks, but of huge other Institutions and Corporations.

It goes without saying that Mr. Bernanke, who has announced his Departure when his current Term expires, has remained silent on this Matter.  The Fed continues, during this continuing Series of Crises, to keep open „The Discount Window” where large, „Too Big to Fail Banks,” (and Financial Institutions, such as Goldman Sachs) can borrow Money at near Zero Interest Rates, while ordinary Citizens must struggle with Mortgage Foreclosures, Credit Card Debt and Student Loans.

„Irrelevant,” one can hear them say.  The Dow Jones has pushed through 14,000 and the Economy is on the Mend.  Global Economy or no Global Economy, Cyprus is 6.000 Miles away from New York.  We simply wonder, how are they measuring the Distance?  Globally, as on a Globe, or Flat Distance, as they did at one Time when everybody thought the Earth was flat and all you had to do in order not to fall off is not go too close to the Edge.
 

Sonntag, 17. März 2013

„Classy Acts”

Folks, when Marshall McLuhan (1911 - 1980) proclaimed his Axiom, „The Medium is the Message” he was referring, in great Part, to Advertising; however, it is reasonable to infer that he knew it pertained to much, much more.

It has also been said that a Picture speaks a Thousand Words.  Here are two recent Examples drawn irrespective of Political Coloration which demonstrate that the Axiom „The Medium is the Message” applies at least as equally to Politics as it does to Advertising, if not more so:

1.  Former Alaska Governor Sarah „Louise” Palin, addressing the CPAC in March 2013, holding a ,,Big Gulp”



and

2.  „Singer” Beyoncé singing The National Anthem at the Super Bowl in February 2013.



We regret, but the Photograph of „Singer” Beyoncé has apparently been censored, concealing her Wide Open Legs during her „Performance” of the National Anthem.

We wonder what Abraham Lincoln might have said or commented about all this.

Sadly, it appears, not too many People care or think much about Abraham Lincoln's Opinion about Things anymore.

For those who might be interested, here are some of the Things that President Lincoln said:

https://www.youtube.com/watch?v=Cs6cIi_mKfg

A Lincoln Portrait, by Aaron Copland.  The Philadelphia Orchestra, directed by Eugene Ormandy, recorded in 1962.  The Narrator is Ambassador and Governor Adlai E. Stevenson.




 

Freitag, 15. März 2013

No Inflation...so they say

According to the Department of Labor, U. S. Consumer Prices increased 0,7% in February.  More troublesome yet, the Department reports that Gasoline Prices shot up 9,1% during the same Period.

http://www.nbcnews.com/business/economywatch/consumer-prices-soar-inflation-check-1C8886085


However, the Federal Reserve, under the Ægis of its Chairman, Mr. Bernanke, states that there is nothing to worry about.

Go figure...

But this is nothing new.  For some Reason, for Years now, the Federal Reserve gets to decide which Price Increases are inflationary and which are not...everyione else just gets to pay more...

In Memoriam - 15 March „The Ides of March”

Today, 15 March, „The Ides of March” in the Year 44 B. C., Caius Julius Cæsar was assassinated.



Ich bin nicht nachtragend aber ich vergesse nichts.  F. W. Steinmeier