Archive for November, 2008
Posted on November 15, 2008 - by admin
Militarist Millionaire Peacenik
The Memoir of a Militarist Millionaire Peacenik
This is a story of Alan F. Kay, a man who dared to do. Kay, 82, developed the idea for a shared information exchange for the financial services industry in 1968, well before the Internet and the Bloomsburg news services made it commonplace. His name might be confused with another man; Alan Curtis Kay who conceived the Dynabook, a 1970’s predecessor to today’s laptops, notebook computers and E-books as well as the graphical user interface that we use to work in a Mac or Windows environment. Alan F. Kay is no less inventive, nor his scientific contributions less important. But his contributions to the public interest may be more noteworthy.
{mosimage}In the early 1980’s after, leaving AutEx, a company he had co-founded and led for sixteen years, Kay became one of the national leaders in the nuclear arms freeze movement. While at odds with the Reagan Administration, Kay joined with billionaire Armand Hammer, among others, to found a non-profit institute for U.S.-Soviet relations. His more recent accomplishments are in public interest polling; those had the most interest to me. (Full disclosure: my wife is a programmer for a market research company that conducts public interest polls.)
Kay was trained as a theoretical mathematician, earning a bachelor’s degree from MIT and a doctorate from Harvard. From reading this memoir, Militant Millionaire Peacenik, Memoir of a Serial Entrepreneur, I got the impression that Kay tried to take a rational approach to survey research, at least to the point where questions were carefully designed, as not to be politically biased.
One of his surveys, conducted in 1991 through an entity he created called America Talks Issues (ATI), was quite relevant to today; it was a survey on solutions that could lead to energy independence. This survey asked respondents to consider eighteen proposals for improving the U.S. energy supply. These ranged from expanding fossil fuels to renewable energy sources to conservation measures. Each respondent was asked to determine if each proposal had the potential to improve the economy as well as the environment.
Posted on November 15, 2008 - by admin
Plunder
Plunder:
Investigative Insight into a Financial Meltdown
Reviewed by Stuart Nachbar
These days I have to ask myself if book publishers and Wall Street make connected decisions on the release of business profile books. Is it mere coincidence that stories about AIG and Bear Stearns have appeared scant weeks after their failures were fait accompli with the business press?
{mosimage}Investigative journalist and television producer Danny Schechter asked that very same question in a new book: Plunder, Investigating our Economic Calamity and the Subprime Scandal. He explained that only a small press was willing to take on the title because Plunder did not fit the template for traditional business books where, in his own words, story telling trumps analysis. While Schecter has been part of news establishment himself—he produced ABC News’ 20/20 for seven years, part of an extremely long resume of credits—he prides himself on being an independent thinker.
Schechter’s experience shines throughout Plunder. He takes you step-by-step not only through the debt crisis that brought on the most recent federally-backed bailout, but also shows how the regulators and the national business news media were tacit collaborators with Wall Street and the Bush Administration. He does a better job at posing the pointed questions than someone like Michael Moore, who does not have either the education or professional journalistic experience. Nor does he take sides with the Democratic Party, as Moore does. Schechter holds them equally to blame, though he shows some hope for Barack Obama in this story. He does, however, show materials from academic allies, the CEO of the National Community Reinvestment Coalition as well as the Reverend Jesse Jackson, who calls Schecter a “human rights activist.” And his writing style is less dry than Al Gore’s.
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