Sunday, January 11, 2009




What about Sears Tower?
Sunday, 11 Jan '09 8:28 AM
From: "AH Nelson" To: "UK Financial Times" Chicago
Sunday AM
January 11, 2008
Editors, UK Financial Times
Gentlepeople: Your fine newspaper is passed on to me every AM by neighbors who are subscribers. This is very fortunate for me, since even tho the first thing I read every AM is the WSJ oped page, after that I read FT cover-to-cover.
You have been running an ad for many months featuring a wide angle pic of what first appears to be lower Manhattan, but is actually a clever foto montage of the world's most famous buildings. Featured in the center of that pic are the Petronas Towers of Malaysia, which, according to an all but unknown outfit called the "Council on Tall Buildings and Urban Habitat" in Bethlehem PA (described by the Chicago Tribune's architecture critic Blair Kamin as "pop. 71K, tallest building 22 stories") were the world's tallest buildings when completed in 1996. Accompanying Mr. Kamin's article is a detailed pic comparing the tops of Petronas and Chicago's Sears Tower (attached,) and if the Tall Buildings Council people have ever seen it, they should still be blushing. Not only is the Sears 103rd floor public observation deck, visited by thousands of people every day, 150 feet higher than the highest human-occupied 86th floor of Petronas, but Sears is topped by a 1/4 acre flat roof, compared to Petronas' spindly little spire.
The omission of the Sears Tower in an ad for the Financial Times is also odd in that Sears Tower is a couple blocks from the first modern futures exchange, the Chicago Board of Trade, and around the corner from the second, the Chicago Mercantile Exchange. And the Chicago Metro area GDP alone is 35% bigger than the GDP of the whole country of Malaysia ($485bn to $357bn.) So where is Sears Tower in your montage? You do have Chicago's cute little 40-storey Smurfit-Stone building, hardly a local Chicago landmark, let alone world. Also attached is a copy of your ad with the Sears Tower in it. I'm sure if your professional artists did the same thing, Sears would be even more prominent than in my crude attempt.
Arnold H Nelson Chicago IL 60640

Thursday, January 1, 2009

NYTimes Paul Krugman on deficits

Thursday, January 1, 2009 5:46 PM
From: "Arnold Nelson" To: "NYTimes Letters" Chicago

Editors, New York Times

Gentlepeople:

In his Monday, December 29 column "Fifty Herbert Hoovers" Paul Krugman reassures us that "The Obama administration will put deficit concerns on hold while it fights the economic crisis."

On Thursday, October 20, 1932 The New York Times printed all 5600 words of a speech given by Franklin Delano Roosevelt in Pittsburgh, PA., the previous evening. In that speech FDR used the word 'deficit' 19 times, as in 'pile up deficits', 'unprecedented deficits', 'billion-dollar deficit of 1931', 'stupendous deficits', 'staggering deficit', 'concealments of deficits', 'continuing deficits', etc., blaming every instance on President Hoover, but not a mention of putting any of them "on hold."

Krugman also repeats the column title in the second and last paragraphs, defining it as "state governors who are slashing spending in a time of recession...." This speech may be most remembered for FDR concluding: "I shall approach the problem of carrying out the plain precept of our party, which is to reduce the cost of the current Federal Government operations by 25 per cent." In 1932 FDR campaigned that the federal government was spending too much money, not too little.

Arnold H Nelson Chicago IL

Tuesday, December 16, 2008

WSJ: ?Time to Junk the Electoral College"?

Chicago Tuesday PM, December 16, 2008

Editors, Wall Street Journal

Gentlepeople:

Jonathan Soros' Monday, December 15 Op-ed "It's Time to Junk the Electoral College" wants all states to agree to a 'National Popular Vote compact' where state presidential electors agree to cast their electoral votes for the national winner of the popular vote for president. I suppose that if in the recent election John McCain had won the national popular vote the 21 Illinois electors would have voted against Obama? I mean, if you can't trust our governor to take the naming of a senator seriously, how you gonna trust 21 Democrat political appointees to vote against their favorite guy?

Also, after all the arm waving in the 2000 election over chads (pregnant, hanging, whatever) in a single Florida precinct, what would have happened if the final national popular presidential vote in the recent election had been 52,456,123 for Obama, and 52,456,789 for McCain? Do you think even a single state would be satisfied with their first count?

Direct election is a wonderful tool, and the founders gave it to the most numerous federal house. And to that house they also gave the most important government functions: collecting and spending taxes. But the founders also recognized the country was not just a lot of people, but a group of sovereign states, so they added a second house, membership divided equally among the states, but more important, not responsible directly to the people, but elected by the people's state legislators. But the 'direct election' fetish arose 125 years later with the passage of the 17th Amendment. This made the Senate nothing but a house of reps, with longer terms and more expensive suits. It also gave us our first Senate party leaders in 1920, a convenient three senate elections after the amendment passed (just think: we got along for 125 years without a Harry Reid in sight.)

But something certainly should be junked in a country that is replacing a president who had six years experience making executive decisions for the nation's second largest state with someone who has yet to make the first executive "buck stops here" decision of his life.

Arnold H Nelson 5056 North Marine Drive Chicago IL

Monday, December 15, 2008

WSJ: It's Time to Junk the Electoral College

Jonathan Soros OpEd WSJ New York, N.Y.: Monday Dec 15, 2008.

(c) 2008 Dow Jones & Company, Inc. Reproduced with permission of copyright owner. Further reproduction or distribution is prohibited without permission.

In his election-night victory speech, Barack Obama said he would be a president for all Americans, not just those who voted for him. But as a candidate he didn't campaign with equal vigor for every vote. Instead, he and John McCain devoted more than 98% of their television ad spending and campaign events to just 15 states which together make up about a third of the U.S. population. Today, as the Electoral College votes are cast and counted state-by-state, we will be reminded why. It is the peculiar mechanics of that institution, designed for a different age, that leave us divided into red states, blue states and swing states. That needs to change.

The Electoral College was created in 1787 by a constitutional convention whose delegates were unconvinced that the election of the president could be entrusted to an unfiltered vote of the people, and were concerned about the division of power among the 13 states. It was antidemocratic by design.

Under the system, each state receives votes equal to the number of representatives it has in the House plus one for each of its senators. Less populated states are thus overrepresented. While this formula hasn't changed, it no longer makes a difference for the majority of states. Wyoming, with its three electoral votes, has no more influence over the selection of the president or on the positions taken by candidates than it would with one vote.

We often forget that the power to appoint electors is given to state legislatures, and it is only because they choose to hold a vote that Election Day is at all relevant for us. Nowhere is a popular election constitutionally required. And, as the 2000 election reminded us, the winner of the popular vote is not guaranteed to become president.

The Constitution is no longer in line with our expectations regarding the role of the people in selecting the president. Yet several previous attempts to eliminate the Electoral College through a constitutional amendment have failed, scuttled by the difficulty of the process itself and the tyranny of small-state logic.

Fortunately, a constitutional amendment is not necessary. Rather than dismantling the Electoral College with an amendment, we can use the mechanisms of the Electoral College itself to guarantee popular election of the president.

To understand how the proposal works, one needs to understand two basic principles. First, that state legislatures are basically unfettered in how they choose to appoint electors. And second, that groups of states can enter into binding agreements with one another in the form of so-called interstate compacts. There are many examples of such compacts, including the Port Authority of New York and New Jersey and the interstate agreement that guarantees a driver points on a Virginia driver license when he or she speeds in Maryland.
Under the proposed National Popular Vote compact, state legislatures would agree to choose electors who promise to support the winner of the nationwide popular vote. For example, if a Republican were to win the overall national popular vote, even if New Yorkers favored the Democrat, New York's Electoral College votes would go to the Republican. The compact will go into force when states representing 271 Electoral College votes have entered into it to guarantee that the winner of the popular vote will become president.

It is ironic that the most common objection to the National Popular Vote compact is the suggestion that it is antifederalist. In fact, interstate compacts lie at the very core of federalism: individual states combining their powers to solve a problem. In this case, they would be joining forces to allow their citizens to act as one nation in the selection of their president.

The National Popular Vote compact has already been enacted by four trailblazing states -- Maryland, New Jersey, Illinois and Hawaii -- and has been introduced in 41 others. It's time that the rest of them got on board.

Mr. Soros is the deputy chairman of Soros Fund Management and a supporter of the National Popular Vote.

(See related letters: "Letters to the Editor: Consider Carefully Before Junking the Electoral College" -- WSJ December 26, 2008)

My response: "Time to jnk the Electoral College?"

Chicago Tuesday PM, December 16, 2008 Editors, Wall Street Journal

Gentlepeople:

Jonathan Soros' Monday, December 15 Op-ed "It's Time to Junk the Electoral College" wants all states to agree to a 'National Popular Vote compact' where state presidential electors agree to cast their electoral votes for the national winner of the popular vote for president. I suppose that if in the recent election John McCain had won the national popular vote the 21 Illinois electors would have voted against Obama? I mean, if you can't trust our governor to take the naming of a senator seriously, how you gonna trust 21 Democratic political appointees to vote against their favorite guy?

Also, after all the arm waving in the 2000 election over chads (pregnant, hanging, whatever) in a single Florida precinct, what would have happened if the final national popular presidential vote in the recent election had been 52,456,123 for Obama, and 52,456,789 for McCain? Do you think even a single state would be satisfied with their first count?

Direct election is a wonderful tool, and the founders gave it to the most numerous federal house. And to that house they also gave the most important government functions: collecting and spending taxes. But the founders also recognized the country was not just a lot of people, but a group of sovereign states, so they added a second house, membership divided equally among the states, but more important, not responsible directly to the people, but elected by the people's state legislators.

But the 'direct election' fetish arose 125 years later with the passage of the 17th Amendment. This made the Senate nothing but a house of reps, with longer terms and more expensive suits. It also gave us our first Senate party leaders in 1920, a convenient three senate elections after the amendment passed (just think: we got along for 125 years without a Harry Reid in sight.)

But something certainly should be junked in a country that is replacing a president who had six years experience making executive decisions for the nation's second largest state with someone who has yet to make the first executive "buck stops here" decision of his life.

Arnold H Nelson 5056 North Marine Drive Chicago IL

Saturday, November 1, 2008

My first letter in UK Financial Times...

...but I forget to look for it, and did not see it in the actual paper.

Tuesday, October 28, 2008

Peggy Noonan on Palin's Failin'

Another letter WSJ didn't have the you-know-whats to print (well, maybe sending it in 11 days after the subject column was printed may have had something to do with that.)

Chicago ILTuesday, October 28, 2008

Wall Street Journal Letters

Gentlepeople:

In her Friday, October 17, 2008 column "Palin's Failin'" Peggy Noonan writes of "a man who came from nowhere.... Harry S. Truman.... [y]ou have to give people time to show what they have."

Then she complains "... we have seen Mrs. Palin on the national stage for seven weeks now, and there is little sign that she has the tools... one hopes for in a holder of high office."

Palin doesn't have the tools for high office? She has infinitely more management experience than the other three candidates put together, since their buck-stops-here decision making responsibilities are limited to deciding where their senate office staff Christmas parties will be.

What had Truman shown on May 31, 1945, seven weeks after he had been "thrust into power by a careless FDR..."? Germany had surrendered on May 7, but even HST took no particular credit for that.

But have you noticed those crowds Sarah draws, Ms. Noonan? And the numbers of conservatives, formerly ice cold about McCain, now gritting their teeth, determined to vote for him whatever.

Better yet, have you noticed the opposition? They are appoplectic, appearing sometimes to be addressing Sarah more than John whats-his-name. They were even driven to claiming Sarah's crowds were yelling stuff like "kill him", quickly proven absolutely baseless.

Then Peggy goes on a tirade about "candidates... dropping their G's. Hardworkin' families are strainin' and tryin'a get ahead." And saying 'Mom and Dad' instead of 'mothers and fathers....'" asking "Do politicians ever remember that ... our children ...look to political figures for a model as to how adults sound?"

We are faced with the strong possibility of electing a president who is an out-and-out radical socialist, whose experience is limited to four grueling pre-teen years of slogging thru the mud of Indonesia, eight years as a state senator (a job requiring no more talant than a Chicago Bears 3rd string jock strap attendant (without the responsibility,) and work as a 'Community activist', AKA in Chicago as junior precinct captain ("Here sonny, a list of voters - if they don't on election day, your 'community activist' career is over!")

And Peggy Noonan is worried about politicians dropping their G's?

There's a lot of G droppin' out here west of the Hudson, Peggy.Sometimes we even idiomatically use the gramatical abortion "Who's kidding who".

Noonan concludes with a critical reference to "...Christopher Buckley... shooed from the great magazine his father invented."

Christopher Buckley was dropped because that magazine has no room for someone who openly backs a candidate who will nationalize every inch of the private sector he can, will name SCOTUS justices who will back those efforts for the next 40 years, and who would feel better if the United States were the weakest nation on earth instead of the strongest.

Arnold H
ah_nelson@yahoo.com

PS At least I don't need to waste time reading another Noonan column after 10/17/2008




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Friday, October 10, 2008

WSJ letter: Forty per cent of Americans don't pay income taxes?

Chicago Friday evening, October 10, 2008

Wall Street Journal Letters

Gentlepeople:

The fifth sentence of Kimberley Strassel's Friday, October 10, 2008 delightful sendup of Barack Obama's outlandish rhetoric says that "...40% of Americans today don't pay income taxes!" Ms. Strassel, it's considerably worse than even that. The only Americans who can too easily give Senator Obama the chance to do all this damage are voters.

Ninety per cent of voters are wage earners, but thanks to the Current Tax Payment Act of 1943, 90% of wage earners don't pay any income taxes. They get statements that say they do, but the actual check that goes to DC is written on an employer bank account. If that check doesn't make it to the federal coffers, the employer goes to jail, never the wage earner. Employers are certainly not happy with this situation, but don't have the votes to fix it. But they really don't need them since they can pass on this expense to consumers, effectively sucking the largest single contribution to federal income from the soft underbelly of a continuously expanding national economy. In 230 years, we have gone from rebelling against 'taxation without representation' to meekly accepting 'representation w/o taxation.'

So voters could care less about the government bailing out any number of careless lending institutions and underfunded real estate borrowers, as long as they continue get their entitlements (and how they line up for those entitlements!)

This problem could be fixed with a simple change to paragraph 3402 of United States Code Title 26 — 'Internal Revenue Code' Subtitle C 'Employment taxes' Chapter 24 'Collection Of Income Tax At Source On Wages (a) Requirement of withholding (1) In general...' from: "Except as otherwise provided in this section, every employer making payment of wages shall deduct and withhold upon such wages a tax...." To: "Regardless of what is provided in this section or anywhere else in US law, every employer making payment of wages shall pay all of those wages to the employee...."

The rest of the paragraph stays the same: employers calculate the tax, and inform the feds what they should expect to get from the wage earner, and the wage earner of what he is expecteed to deliver to the feds. Would this be inefficient? Sure, for an insatiable federal government, but educational for wage earner/voters, especially once they start writing checks on their own bank accounts to the feds every month for 20% of their last paycheck.

This would result in direct responsibility for 80% of federal income being given back to those who are supposed to have it in the first place: US voters. Like the 'Fair Tax', this could not be done overnite (neither could the FT, but don't tell its supporters that.) So have a monthly drawing of a single letter from the 26: Every wage earner who's last name begins w/ that letter gets converted that month from having income taxes withheld to sending in their own check.

This would be a good example of the frog in the slowly heating water: After 26 months, every wage earner would actually be paying his/her really fair share. And as it stands now, they would be very unhappy w/ that. The 26-month conversion period would conveniently include a reelection of all 435 house members, and 1/3 of Senators. The results of that election would reflect the wage earners' unhappiness w/ finally feeling what it's like to actually pay income taxes. And they would pay a lot more attention to the magician antics of a Barack Obama.

Arnold H Nelson5056 North Marine DriveChicago IL