Saturday, January 12, 2008

A Tale of 2 Hillaries









One climbed Everest, the other, um....let me see....

Yesterday Sir Edmund Hillary died. Typically an ABC newscaster botched a tribute with a parting reference to “Mr. Hillary” but I don’t think it would have bothered Sir Edmund. By all accounts he was an extremely modest and reserved man for whom titles held little importance. It is incredible to think that the only photo taken of the conquest of Everest was Sir Edmund’s shot of sherpa Tensing Norgay. Self-publicity was the last thing on his mind. Not only that, both men spent some time looking for traces of Mallory and Irvine, 2 mountaineers who had perished on the slopes of Everest nearly 30 years earlier perhaps having been the first to ascend the summit. Sir Edmund, you see, was not scared to prove that he had not been the first to conquer Everest. He also led expeditions to the Antarctic, traced the source of the Yangstee River and devoted himself to improving the lives of the sherpas of the Himalayas. Sir Edmund was a hero and a true humanitarian.

This week Hillary Clinton cried. She cried because either she thought she was going to lose the New Hampshire primary or because someone instructed her to cry to make her more likeable to the voters. No one calls Hillary Clinton “Mrs. Clinton” because that is too damn dowdy for someone of her self-importance. Hillary has achieved nothing in her career (other than convincing many people she has achieved something) but to listen to her you’d think she had climbed Everest single-handedly many times over. Hillary has an entourage of well-paid spinmeisters working 24/7 to make sure that barely an hour passes without her making headlines. The idea that Hillary could do anything without claiming credit for it is sheer fantasy. Moreover Hillary’s idea of humanitarian sacrifice is human sacrifice. Ask any Serb, Iraqi or Afghani. Depressing to think that for millions, Hillary is a selfless hero.

So there we have it. The Hillary on the right was a giant full of dignity while the one on the left just squeals and wallows in mud.

Friday, January 11, 2008

All aboard the investment banking gravy train!!




I’ll be earning lotsa dosh!!





Crime never pays. Unless you are in investment banking where the sky’s the limit. That’s the inevitable conclusion from the reported decision of JP Morgan to hire the unindicted war criminal Tony Blair as a strategic advisor. Gone are the days when you had to bring an impressive track record to the table to land a senior position at a major financial institution.

One wonders what insight JP Morgan thinks it is getting by bringing Toady on board. It’s rumoured that JP Morgan prizes Blair’s unique perspective on international politics and globalisation. I guess the management were too distracted with their gigantic losses on the sub-prime portfolio to notice this:

http://www.guardian.co.uk/china/story/0,,2207514,00.html

Blair’s perspective is about as unique as a black cab in London. The man is derivative from his head to his toe. His guiding principle in international politics is clear: America must never feel isolated. So why hire a Brit if you want an American perspective? I have a feeling that Bush interceded on behalf of his buddy to obtain this sinecure. Tony has a crippling mortgage to pay off and he needs to get cracking on boosting his earnings.

Then again, should we be surprised? Acquiring worthless assets appears to be part of JP Morgan’s core strategy.

Thursday, January 10, 2008

US elections: The freak show continues




Democracy is ugly





I dislike Barack Obama. He is a windbag and is not the threat to the political establishment that people like to imagine. But at least he voted against the war in Iraq. So I was happy when he kicked Hillary Clinton’s large and ever-growing backside in the Iowa caucuses. I am really sorry he couldn’t repeat the triumph in New Hampshire but that’s the way it is in the United States. Just when you think the voters may have smelled a rat, they pull out a bag of bread crumbs and start feeding it. Humiliating Hillary was simply beyond the courage of American voters. And all she had to do was shed a few tears on prime-time television in response to yet another obviously planted question (“How do you keep upbeat and so wonderful?” Oh yuck!). That was the signal for Hillary’s reserve army of aging feminists to storm the polling booths and swing the election in favour of “experience”. What experience? The experience of failing to reform health care under her whoring husband? Of watching impassively as former friends from Arkansas went to jail or were found dead on park benches in Washington? Of participating in dodgy property deals and making money off questionable commodity trades? Or was it the experience of ignoring her husband’s lifelong philandering? Perhaps it was the experience of voting to support Bush’s disastrous military adventure that qualifies her to become C-in-C. I am reminded of the words of AA Milne: “Three cheers for Pooh! For who? For Pooh? Just tell me someone – what did he do?” Exactly. Just what has Hillary achieved that makes her “experience” so valuable?

Just as depressing was the victory of John “Bomb, Bomb Iran” McCain. Lunacy has obviously become a pre-requisite for the Republican nomination. The nightmare scenario is Hillary the Bitch vs. Madman McCain in November 2008. Keep the cyanide handy.