Faisal Shahzad and Terrorism

From this Guardian story: would-be Times Square terrorist Faisal Shahzad "came from a wealthy family. He earned an MBA. He had a well-educated wife and two kids and owned a house in a middle-class Connecticut suburb." 

Shahzad fits the profile of a terrorist, and it has nothing to do with race, ethnicity, or religion. If you haven't read my thesis on how to find the most likely terrorists, you can read it HERE.

Comments from Santa Clara County Judges on Law and Motion

From last night's Santa Clara County Bar Association seminar:

On motions: "Brevity is beautiful."

On ex parte motions: "Your procrastination is not our emergency."

On disputes between lawyers: The basic concept is, "Don't involve the court." [i.e., do your best to work things out]

On how to begin your motion: the first paragraph should tell the court why you are here and what you want the court to do.

Another Hitchcock Film Recommendation

From the great Hitchcock film, Dial M for Murder: "[P]eople don't commit murder on credit."

If you haven't seen it, I recommend you watch it. Woody Allen's 2005 film, Match Point, seems to have drawn some inspiration from this Hitchcock film. I usually like Woody Allen, but for some reason, I didn't like Match Point. Most of my friends, however, did, so don't let me stop you from seeing it.

Inspiring Speech

American Scholar, Spring 2010
Article: Solitude and Leadership
Author: William Deresiewicz

http://www.theamericanscholar.org/solitude-and-leadership/

Why is it so often that the best people are stuck in the middle and the people who are running things—the leaders—are the mediocrities? Because excellence isn’t usually what gets you up the greasy pole. What gets you up is a talent for maneuvering. Kissing up to the people above you, kicking down to the people below you. Pleasing your teachers, pleasing your superiors...

Henry David Thoreau looks alive and well in the body of William Deresiewicz.

Friday Night

Just saw Darrell Hammond at San Jose's Improv. He was good, but not great. Most of his stuff is recycled, but it's mainly impersonations, so his routine never gets old. Hammond's Arnold Schwarzenegger impression is probably one of his best, and I also enjoyed his Bill Clinton and Jesse Jackson impersonations. Hammond thanked Bill Clinton for his house during the routine, and he doesn't seem to think too highly of the South (where he's from), Panda Express, or Hillary Clinton.

Jim Breuer, also an SNL alumnus, is still the best stand-up comic I've ever seen live.

Government Workers and Pensions

In today's WSJ (April 29, 2010), Gary Shilling delivers the lowdown on government pensions:

http://online.wsj.com/article/SB10001424052748704131404575117943161614762.html

Years ago, there was an informal "social contract"—public employees generally received lower wages than private-sector workers, and in return they got earlier retirement and generous pensions, allowing them to catch up. That arrangement has long since gone by the boards. The result is a remarkable trend. State and local government employees for years have received pay increases in excess of inflation, and BLS figures show they now have wages that are 34% higher on average than in the private sector.

To me, it's even more simple. It is foolish to spend lots of money on unproductive people, because each dollar that goes to someone who isn't working is a dollar taken away from someone who wants to work or is currently working. Typically, working and non-retired people contribute more to the economy because they spend more money on purchases such as homes, cars, appliances, and miscellaneous items, including items for their children.

Also, if retired people--whether Joe the Plumber or Joe the Police Officer--continue to make large purchases, they would actually hurt younger, newer couples by raising demand and prices. For example, if a retired person has a large pension and decides to buy a second home, s/he takes the home off the market for a first-time homebuyer who now has to look elsewhere for a home or try to compete with someone who has a stable pension and who has had decades to built up assets.

In a world where products and money are not infinite, each dollar makes a difference, whether positive or negative.

Pension Promises Bankrupting California?

Interesting article (April 12, 2010, Sac Bee, Phillip Reese) on public pensions and their effect on California cities and counties:

http://www.sacbee.com/2010/04/11/2670020/pension-promises-threaten-california.html

"The old joke is that General Motors is just a health insurance company that makes cars on the side," San Luis Obispo County Supervisor Adam Hill said during a pension presentation at a recent board meeting. "My concern is that the county government is becoming a pension provider that provides government services on the side."

The legacy of Gray Davis: blackouts and unsustainable pension promises?