Obamacare for Corn, Ichiro, Banking, Neo-Cons

(Editor’s note: Slight delay in posting today’s blog as I was constrained by holding Dagny during a quick trip to Boston to visit the new granddaughter and her brother Finley.)

As news reports of the drought across much of the nation, particularly in the breadbasket corn belt states of Iowa, Illinois and Indiana, kept spreading in the media, I turned to Gilda last week to sarcastically suggest it wouldn’t be too long before President Obama would be blamed for this catastrophe. Sure enough, on Tuesday night’s Colbert Report, host Stephen Colbert reacted to information that 90% of Iowa farmers had federal crop insurance by declaring it “Obamacare for our corn.”

It’s not too far fetched to think Obama would be blamed. After all, many of the water-parched states are electorally red, meaning they lean toward Republican and conservative candidates. Conservatives keep calling him a socialist, and in case you haven’t heard, Russia has been suffering from drought conditions for years longer than the U.S. It’s only natural, then, that God is exacting punishment on America because of its “anti-religion” leader just as He (for sure, not a She) is doing to the godless Rooskies. 

On the other hand, perhaps God is punishing those red states for being so intolerant to those who don’t match their DNA and beliefs, such as gays, Mormons, abortion rights advocates and immigrants (legal and illegal).

Ichiro to the Rescue? Now that Ichiro Suzuki is a NY Yankee, there is speculation he may finally make it to the World Series. If their play come October in any way resembles their last seven games, however, the Yankees once again will go home before the championship contest. 

Though they have the best record to date in baseball, they are vulnerable to good pitching that limits their home run output, as the games against the Oakland A’s and the Seattle Mariners showed this week. They won just two of seven games, repeatedly failing to score runs without the aid of a home run. Teams they would face in October would have better than average pitching, so a short playoff run is not inconceivable. 

Meanwhile, Alex Rodriguez’s broken hand injury, suffered in Tuesday’s loss to Seattle, is further validation he is a schlemazel. Three Yankees were hit by pitches during the game—Derek Jeter, Ichiro and A-Rod. Only A-Rod sustained an injury. He may be out six to eight weeks. As I wrote back in February 2011, A-Rod is more schlemazel than a schlemiel. 

“For those not familiar with the Yiddish terms, a schlemiel is a person who, despite the best of intentions, always fouls up. A schlemazel is an unfortunate soul, a person to whom misadventure always falls. To gain a deeper understanding of the distinction between the two, think of a schlemiel as a bumbling waiter who spills hot soup on a patron; the person drenched by the soup is a schlemazel. Active or passive, schlemiel or schlemazel, A-Rod can’t catch a break.”

Financial Misadventures: James “Jamie” Dimon, chairman, president and CEO of JPMorgan Chase, has predicted there will be no more surprises similar to the $6 billion-and-mounting loss from speculative trading. He believes we need less, not more, regulatory oversight of the banking industry. Does anyone truly believe him?

Does anyone else find it ironic that the new basketball home of the Nets in Brooklyn will be called the Barclay Center, named for the same bank that is a key player in the Libor-fixing scandal? Barclay, along with other banks, reportedly shaved points in setting the interest rate banks charged each other to borrow funds. Hmmm...shaving points...basketball. Sports fans will immediately get the connection. All others, google “point shaving”.

Neo-Con Comeback? Mitt Romney, currently on a trip to England, Poland and Israel, leveled a broadside against President Obama’s foreign policy earlier this week. Nothing new here, it being the season of politics. Similarly, there’s nothing new about Romney’s foreign policy advisors. They’re mostly neo-conservatives, the same sad sack lot who brought us wars in Iraq and Afghanistan. Does the country really want to go back to a world view based on belligerency rather than diplomacy? 

While on the subject of politics, have you noticed the terms POTUS and SCOTUS creeping into coverage and TV fare? For the uninitiated, POTUS is President of the United States; SCOTUS is Supreme Court of the United States.

Odds & Ends: Yankees, Swimming, Vegetable Oil, Romney, E-Mail

After another disheartening loss by the NY Yankees, this time to the Cincinnati Reds, I thought I’d ask one of my friends, a long-suffering NY Mets fan, how I could cope with a season of unfulfilled expectations. 

“Realistic expectations,” was Ken’s response, a philosophy he has perfected over many years but which he readily admitted was foreign to Yankees fans who have grown accustomed to regular season success, at the very least. 

Based on their play and their injury-laden roster, the Yankees and their fans are in for a very loooong season. Will it be a success if we manage to finish ahead of Boston?

Ken is my swimming instructor. He’s opened his pool, but it’s weeks too early to even consider dipping a dainty toe into the water, even if he heats it up. We agree I have the fundamentals down, that my failure to stay afloat is mostly, if not all, mental. Ken suggested adding a psychologist to the instructional team. My sister suggested a hypnotist. 

It’s still open to debate who will learn to swim first—two and a half year old Finley or his 63 year old grandfather.

The other day while driving home I was stopped behind a Mercedes with a decal across the back window proclaiming, “Powered by vegetable oil.”

Cool. Except the car really smelled like cooked French fries. 

The Sunday NY Times ran a profile of Mitt Romney and how the Mormon religion has shaped his life (“Romney’s Faith, Silent but Deep,” http://www.nytimes.com/2012/05/20/us/politics/how-the-mormon-church-shaped-mitt-romney.html?_r=1&hpw). 

He is, no doubt, a religious man. Nothing wrong there. But I was troubled especially by the last paragraph of the story, the one where Ann Romney was quoted about his decision to run for president. According to Gloria White-Hammond, a friend and pastor of a Boston-area African Methodist Episcopal church, Mrs. Romney said she and her husband “felt it was what God wanted them to do.” 

I’m troubled whenever anyone, other than maybe a clergyman, ascribes actions to what God wanted them to do. Is that how our government will be managed, by what is perceived to be messages from God? Romney, it turns out, as a practicing Mormon, is said to believe God has chosen the United States to be a special nation, that its Constitution is divinely inspired. 

“God is on our side” often is a rallying cry of countries that go to war. Heaven need truly help us if we devolve into a 21st century nation that believes our actions are always godly and beyond reproach. 

A friend sent me one of those right wing emails that deplore what is wrong with America and what we need to do to fix it. The thrust of this missive was too many people are taking money from the government without contributing anything in return. In other words, the have-nots are bleeding the haves dry. “We have let the free stuff giving go on for so long that there are now more people getting free stuff than paying for the free stuff.” 

Here’s the final credo:

Obama:Gone!

Borders: Closed!

Language: English only

Culture: Constitution, and the Bill of Rights!

Drug Free: Mandatory Drug Screening before Welfare!

NO freebies to: Non-Citizens!

I can’t let these screeds go unanswered, so here’s a little of what I wrote back:

Here's a link to a USA Today article http://www.usatoday.com/news/washington/2010-08-30-1Asafetynet30_ST_N.htm . In essence it says: 

50 million are on Medicaid

40 million get food stamps

10 million are on unemployment

4.4 million are on welfare.

Assuming no one is double dipping, that means 104.4 million receive some form of government assistance. That's roughly one-third of the U.S. population, not a majority. Enrollments in these programs have gone up because of the recession George W. Bush left as his legacy. 

Would you really like to live in a country that does not care for its elderly, for its infirm, for those who are not provided a proper education so they can climb out of poverty? Would you really like to live in a country that has no compassion for the less fortunate? Are you comfortable living in the richest country in the world while millions of children go to bed hungry each night? 

For sure there is waste, lots of waste, in these programs. But just as we don't tar the full military for the wrongdoings of a few idiots, we shouldn't dismiss the benefits these programs provide to the needy, of all ages, sexes, creeds, religions, background, and country of origin. 

Many in our country donate to worthwhile charities and other helpful programs. Yet poverty persists. Hunger remains. Education budgets are cut at a time when we need better trained employees. Private solutions are not sufficient to solve our problems. An economy without controls will lead to more abuses a la Enron, Tyco, JP Morgan Chase, and the derivative crisis that is the derivation of much of the financial problems of today. Surely you can't believe that we live in a Pollyanna world where everything will turn out just right if we pray hard for it and wish for it because in their hearts all men and women are good and would not take advantage of their neighbors and countrymen? There's a reason the first thing new settlers build is not a church but rather a jail.