Category: Commentary

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And The Winner Is

What if you got thisclose to the brass ring and weren’t able to grab it? Sort of like that recurring dream you have in which you’re prevented from success because of blurry vision or your feet are trapped in cement or just as you’re about to win you awaken. If, in real life, you performed high above your own lofty expectations and someone else claimed victory, would you be thrilled…or sad that the rousing applause and falling confetti weren’t for you?

Those are the thoughts I had last night while watching the finale of “America’s Got Talent.” It’s a show I never had seen until the past few weeks. Yet, there we were, family of four, with our eyes fully focused as the 10 finalists were dramatically whittled to five, then four, three and two. Ultimately, a former ‘chicken chaser’ from Kentucky took home the one million dollar grand prize, as voters selected his country singing the best this year of more than 100,000 wannabes.

My thoughts, though, were on the second place finisher. Imagine being on the cusp of becoming a millionaire and ending up with nothing. I envisioned holding a lottery ticket matching all six numbers, only to have it fly out of my hands on the way to the claims office. Surely, something like that was going through the runner-up’s mind when she didn’t hear her name announced.

Of course, the penultimate performer has much to celebrate. She survived cancer. She has a beautiful daughter and loving husband. Plus, now America knows her name, and she’ll probably be able to pursue her dream of performing professionally. By the way, I have an inside source that says she is going to be just fine. You see, she’s a member of my church here in Houston…and that’s why we tuned in to watch. Way to go, Barbara Padilla. Prince of Peace Catholic Community celebrates today with you.

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Making Yourself Free

One of the tenets of journalism, which I learned while earning a degree in that study from the University of Texas, is truth takes precedent over opinion. As information dissemination evolves from the evening newscast of your childhood, to the 24-hour availability of CNN and cable channels, to today’s instantaneous Internet commentaries, there is great risk that truth becomes distorted.

Unlimited access to free information is a gift, not an inherent right. The ability to have the world at your fingertips endangers the long-term viability of news gathering operations. As more and more newspapers – and perhaps someday broadcast entities – go out of business, it begs the question, “What happens when there’s no money to fund investigative reporting?” So, as you rejoice in the speed at which news travels the globe and the power at your fingertips to quickly post thought pieces on your blog, remember somewhere down the road there could come a time when the journalists who identify the seeds of stories become extinct due to a lack of resources.

On the Main Building at UT, there is this engraving from the Gospel of John: “You shall know the truth and the truth shall make you free.” Walter Cronkite saw those words when he matriculated there years before becoming “the most trusted man in America” as the longtime anchor of the CBS Evening News. If media outlets struggle to survive in the coming years, those left to provide information to the great unwashed need to step up their journalistic integrity while eliminating bias and opinion from their vocabularies. Otherwise, you’ll have no idea what the truth is and who you should trust.

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Not So Fast

Fed Chairman Ben Bernake said last week, “the prospects for a return to growth in the near term appear good.” Before making big investments in the stock market or big plans for your sales to take off, a little historical perspective might be good to consider. Here are comments from leaders the last time the U.S. faced such challenging economic turmoil (courtesy of Lance Roberts – www.streettalklive.com):

“I see nothing in the present situation that is either menacing or warrants pessimism… I have every confidence that there will be a revival of activity in the spring, and that during this coming year the country will make steady progress.” – Andrew W. Mellon, U.S. Secretary of the Treasury, December 1929

“I am convinced that through these measures we have reestablished confidence.” – Herbert Hoover, December 1929

“[1930 will be] a splendid employment year.” – U.S. Dept. of Labor, New Year’s Forecast, December 1929

“For the immediate future, at least, the outlook (stocks) is bright.” – Irving Fisher, Ph.D. in Economics, in early 1930

“…there are indications that the severest phase of the recession is over…” – Harvard Economic Society,  January 1930

“There is nothing in the situation to be disturbed about.” – Secretary of the Treasury Andrew Mellon, February 1930

“The spring of 1930 marks the end of a period of grave concern…American business is steadily coming back to a normal level of prosperity.” – Julius Barnes, head of Hoover’s National Business Survey Conference, March 1930

“While the crash only took place six months ago, I am convinced we have now passed through the worst — and with continued unity of effort we shall rapidly recover. There has been no significant bank or industrial failure. That danger, too, is safely behind us.” – President Herbert Hoover, May 1930

“Gentleman, you have come sixty days too late. The depression is over.” – President Hoover, responding to a delegation requesting a public works program to help speed the recovery, June 1930

“… the present depression has about spent its force…” – Harvard Economic Society, August 1930

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Return to Yesteryear

A couple of Sundays ago we scheduled an ‘electronics free day’ at our house – which our kids met with a resounding “What! You’re kidding?” From the time we awakened until we went to bed, there was no television or radio… no e-mail or Twitter …no cell phones or iPods…no Xbox or Nintendo DS.

Instead, my wife, kids (ages 19, 15 and 11) and I did things like…oh…have focused conversations, read books and play board games. We also cleaned our house from top to bottom, discovering three overflowing bags of clothes and toys to donate to charity. From my viewpoint, it seemed all of us were more relaxed, smiled a lot and went to bed exhausted. The next morning, the kids even said, “You know, that wasn’t so bad.”

Obviously, it’s hard these days to disconnect for an extended period of time – and there were a couple of moments I admit to fighting the urge to peak at the Internet to see what was happening in the world. The bottom line is we enjoyed each others’ presence a lot, and the day turned out better than any of us expected. Then there’s the thought we used less energy, which is good for several reasons. It’s our intention to do this throwback day again in December when our daughter returns from college…and I, for one, can’t wait.

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Ending the Political Madness

Over the years I’ve served on quite a few committees…and one thing they all have in common is a specific time frame of membership. Usually it’s a three-year overlapping term. That way three people cycle off each year, so you have continuity and experience balanced with fresh ideas and perspectives.

Which begs the question: Why does government operate differently?

Would we as a nation be better served by term limits? What if the president, senators and congressmen were only eligible for a single six-year term – no re-election campaigns, no lifelong politicians?

Of course, they’ll never pass that law themselves. So, here’s a modest proposal: Run a third party in upcoming elections to vote out all incumbents. All newly elected members will sign a pledge that their sole purpose is to pass the 28th Amendment: setting a one-time six-year term for all elected national officials. Upon achieving that lofty goal, each of the interim third party members will resign, and new elections will be held. I’m thinking there’s no other way to put control back in the hands of the constituents.

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