No Time Like This Time

I’ve got no time now to blog.

But, if I did have time to blog, this is what I would blog about.

• Edward Snowden’s recent interview, in which he sounds so sensible and so smart it’s hard to imagine him all that odd or, for that matter, criminally culpable. Snowden: “So long as there’s broad support amongst a people, it can be argued there’s a level of legitimacy even to the most invasive and morally wrong program…. However programs that are implemented in secret, out of public oversight, lack that legitimacy, and that’s a problem. It also represents a dangerous normalization of ‘government in the dark,’ where decisions with enormous public impact occur without any public output.” (New York Times, 10/18/13.)

• Or I would blog about how animal rights activists are upping the ante on minks. In a series of raids on mink farms, they’ve freed, or liberated if you prefer, nearly 8,000 minks, just since last July.

• Or I would blog about how Putin and his cronies clearly concluded that they had better not slap government opposition leader Aleksei Navalny in jail – and thereby risk widespread public protest. Instead, last week, an appellate judge simply suspended Navalny’s five year sentence.

• Or I would blog about how humbling a week it’s been for Jamie Dimon (CEO of JPMorgan Chase), and Lloyd Blankfein (CEO of Goldman Sachs), and Steven A. Cohen (fabulously wealthy owner, putative guru, and driving force behind the hedge fund, SAC Capital). Each of these men has been a hugely high flier. And each of these men has been cut down to size – sort of. Blankfein’s problems have been minor compared to Dimon’s and Cohen’s. Goldman had only to fess up to its worst quarterly result in fixed income since 2008. JPMorgan and SAC, on the other hand, could both be facing criminal charges – in addition to humungous fines.

• Or I would blog about how Anonymous (that nimble network of hacktivists) has once again reared its head, once again in a case of sexual assault, this time in Maryville, MO. The case resembles the one in Steubenville, OH, in which Anonymous played a similarly pivotal role, where two high school football players were ultimately convicted of raping a drunken girl at a party.

• Or I would blog about an Op Ed in yesterday’s Times, about Saudi Arabia. While not predicting imminent change, the piece did suggest that the Saudi royal family is not long for this world. The concluding sentence: “When the Gulf monarchies’ exceptionalism inevitably runs out of steam, and it will, their populations will be well placed to take their part in the bigger, region-wide shift in the political order that is happening at the expense of unaccountable repressive elites and in favor of a more vocal, politically conscious and better-connected youth.” Saudi Arabia’s decision just this week to reject a normally coveted seat on the United Nations Security Council – a decision that reportedly came down directly from the king – seems to confirm a decision making process that’s seriously sclerotic.

• Or I would blog about Stanley Druckenmiller, one of the most successful money managers of all time, and his quixotic, though high-minded and well-intentioned campaign to get the young to take on the old. Druckenmiller has been touring college campuses with a single, simple message aimed at his young and growing audiences: start a movement, demand equity. Demand equity between the young and the old, between your parents’ generation which is benefiting too handsomely from various entitlement programs, and your generation which, at this rate, is doomed to find that when it hits age 65 the government will have run out of money.

• Or I would blog about the recent government shutdown, which clearly, obviously, manifestly, was a crisis not of leadership – but of followership.

If I had the time to blog – which I do not.

Leave a Reply

Your email address will not be published. Required fields are marked *