Income Inequality 2014

     

I don’t like to make predictions but it is not going too far out on a limb to predict that in 2014 Democrat politicians from President Obama on down will make “income inequality” a major issue this year. Bill DeBlasio, New York City’s new Mayor, has promised to make “income inequality” his number one priority.

It is certainly a hot topic since government statistics seem to show that in the past few years the gap between the incomes of the richest and poorest in our society has dramatically increased. Inevitably such statistics, whether accurate or not, will be used by politicians, pundits, and celebrities on the left to castigate the big bad businessmen, usually white, who are oppressing the poor for their own benefit. 

 

I will discuss these statistics in a future post but for now I would like to make another prediction. In 2014 none of the critics of “income inequality” will ever direct their criticism at significant favored elites whose incomes put them in the top 1%. Entertainers, rock stars, and athletes will be given a pass. For some reason their enormous incomes are not signs of “income inequality.” Here are some examples.

New Year’s Day used to mark the height of the college football bowl season. However, nowadays it is just part of the bowl season that began early in December and will continue to the BCS championship next week. I counted about 35 bowl games this season for a total of seventy teams.  If there are an average of 70 players on a team, there would be almost 5000 players involved in post-season games.

By NCAA rules none of these players can be paid for their participation. Sure they get a free ride in college and all the perks that go with being an athlete on campus. But their salaries are zero while their coaches now earn in excess of a million dollars a year. Just recently, the University of Connecticut hired a new head coach with no former head coaching experience. His base salary is $400000 but he will be guaranteed various speaking engagements that will bring in over a million dollars each year. In addition, he will collect substantial bonuses if the team attains certain objectives. None of these objectives have anything to do with the actual education of his players. I’m sure the salary of the new Connecticut coach comes nowhere near that of coaches at traditional college powerhouses.

Only a tiny fraction of the 5000 players in the bowls will have a chance of being drafted into the pros and ever making any big money. Most of the remainder will probably not even graduate with a degree. Only a handful will wind up with what could be remotely be called an education. The fact that most of these football “slaves” are black will bother no one.

I know some will say that football programs bring in monies that support the rest of the University. A few years ago UCONN played in the Fiesta Bowl that should have been called the Fiasco Bowl since it cost the University 13 Million dollars in unsold tickets. That cost was borne by students and taxpayers. The UCONN coach quickly left for greener pastures at the University of Maryland.

The income inequality in professional sports is even greater. Will the President complain that quarterbacks like R.G. Griffin III of his hometown Washington Redskins makes substantially more than the linemen who block for him? Will Mayor De Blasio of New York do anything to cut the salary of Yankee third baseman Alec Rodriguez who makes over $25 million per year? What about Yankee hero Derek Jeter, a bachelor who currently resides in a 20000 square foot home in Tampa? Who will ever complain about that?

Of course, the President will never complain about the celebrities who make much more than the CEOs of the despicable Wall St. firms. On the contrary, he spends most of his time traveling around the country soliciting these wealthy celebs for donations.

Here is last year’s top ten celebrity earners from Forbes magazine. Oprah Winfrey, the idol of poor black women everywhere, made 77 Million although that was down from her previous year’s record of over 120 Million. Female Rock stars like Madonna (125 Million), Lady Gaga (80 Million), and Beyonce (53 Million] were also on the top ten list. Country star Taylor Swift only made 53 Million, a little less than teen idol, Justin Bieber. Even an aging rocker like Jon BonJovi made 79 Million. Ellen DeGeneres, the darling of the oppressed gay community, made 56 Million. Rounding out the top ten were movie magnate, Steven Spielberg at 100 Million, and tennis player Roger Federer (71 Million).

None of these people on the top ten list produces any of the necessities of life for the poor or anyone else. They do not produce the energy that heats and lights our homes. They do not produce the food and drink necessary for our daily existence. They do not manufacture our phones, cars, or furniture. They are more like parasites who live off the innumerable small donations of their humble but adoring fans. For some reason even the poorest of their fans don’t seem to mind reading about luxurious clothes, cars, and homes. Democrat politicians, pundits, and media types will never include them in their diatribes about income inequality. After all, they are cut from the same cloth.

Year End Top Films 2013

Below find a short list of foreign films that will rival any to be found on the usual year-end “ten best” lists.

Most of the films on the list are personal favorites of mine. I must confess that I have a preference for “feel good” films. For example, I understand the greatness of Italian neo-realist films but find them almost unbearable to watch. Also, I avoid films where the emphasis is on violence and eroticism.

Although I am a great fan of American films, I believe that foreign films provide an opportunity to see and understand other cultures. In addition to being great stories with great characters, they can open up a window to other worlds. For example, the Iranian film “a Separation” offers a window into contemporary Iran that we will never find in our own media.

                       

“Bon Voyage”: a combination love story and chase adventure set in France amidst the chaos of the German invasion at the outset of WW II. It stars Isabelle Adjani, and Gregoire Derangere with famed French actor Gerard Depardieu in a supporting role.

“Too Bad She’s Bad”: A 1958 Italian comedy that stars a young Sophia Loren, an unknown Marcello Mastroianni, and famed movie star and director Vittorio de Sica. “She” is the Italian ‘anatomic bomb’ Loren, stealing hearts as a lusciously larcenous petty thief. Mastroianni is the naïve young cabbie who tries to set her straight, while de Sica, as Loren’s smooth con man papa makes sure his not so little girl stays on the crooked and narrow.

“A Separation”: a film from Iran that won the 2012 Golden Globe Award for best foreign film. The story of an Iranian husband and wife who split up over his decision to stay and care for his aging father instead of leaving the country with his family. But his fateful choice to hire a stranger to do most of the care taking breeds unexpected consequences.

“The Way” : a powerful and inspirational story about family, friends, and the challenges faced while navigating through life. Martin Sheen plays an American doctor who travels to France after receiving the news of the death of his estranged son. Rather than return home, he decides to embark on the historical pilgrimage route to Spain’s Santiago da Campostella to honor his son’s desire to finish the journey. The film was directed by Sheen’s son, Emilio Estevez.

“Le Doulos": a French crime thriller by famed director Jean-Pierre Melville, stars stone faced young Jean-Paul Belmondo as enigmatic gangster Silien who may or may not be responsible for squealing on his gangster friend Faugel, played by Serge Reggiani. Shot and edited with Melville’s trademark cool and featuring masterfully stylized dialogue and performances, Le Doulos is one of the filmmaker’s most gripping crime dramas.

"Divorce, Italian Style": stars Marcello Mastroianni as Sicilian aristocrat Baron Ferdinando Cefalu who longs to marry his nubile young cousin Angela. One obstacle stands in his way: his fatuous and fawning wife, Rosalia. His solution? Since divorce is illegal, he hatches a plot to lure his spouse into the arms of another and then murder her in a justifiable effort to save his honor.

“Run Lola Run”: the story of two star-crossed lovers who have only minutes to change the course of their lives. After receiving a frantic phone call from her boyfriend, Lola has only twenty minutes to save his life. Franka Potente plays Lola in this film from Germany.

"Joyeux Noel": the story of a spontaneous Christmas Eve truce declared by Scottish, French and German troops in the trenches of World War I. Enemies leave their weapons behind for one night as they band together in brotherhood and forget about the brutalities of war.

Happy viewing in the New Year!

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The Christmas Tree

The following discussion of the origins and significance of the Christmas Tree is taken from a wonderful study of fairy tales and children's literature by G. Ronald Murphy, a Jesuit scholar. 

                                                The Christmas Tree

In a northern world in which every cold and snowy winter could be seen as a dangerous and prophetic vision of the end of the  world, it is not surprising that trees which could remain perceptibly alive and green, all through the cold of winter would be regarded as sacraments, visibly containing the real presence and life force of the unseeable Tree of Life. One tree, down to our own day, has retained in its very name in English the sacramental reverence that the Germanic people of England, Germany and Scandinavia had for it: the holly. "Holly" is, of course, "holy," and thus it was known as the "holy tree," since its holiness enabled it to keep itself alive--green--all through the time of winter cold. All the evergreens in the forest, including the more lowly ivy and laurel, must have been regarded with the same reverence.

 The evergreen tree has found its most lasting and most emotional place in our culture, without a doubt, in the Christmas tree, an amalgam of Germanic legend and the Cross. In December of every year the tree comes into the house. A tree inside the home after all the centuries that have passed is quite miracle enough. To glorify and celebrate its ancient, compassionate magic power, it is decorated with lights (with burning candles in Germany!) and with tinsel, to make sure it looks radiantly stolid and happy despite the cold and ice. Then a star is placed at its peak, since Wise Men must surely find their way to this tree. Below the tree, as if he had just emerged from its trunk, the true source of the warmth of the Tree of the Universe and its power to renew life, encouragement, and protection against all the kinds of cold, is lying in a manger: the newborn child. *

                         O Tannenbaum, O Tannenbaum,
                        how faithful are your leaves.
                        you are ever green, not only during the summer,
                        but even during the winter when the snow falls.
                        O Tannenbaum, O tannenbaum,
                        how faithful are your leaves.

Here is a link to a lovely version of O Tannenbaum, or just click below,

Merry Christmas to all.

*From "The Owl, the Raven, and the Dove," by G. Ronald Murphy, S.J.

True Greed

                                            

Recent reports from Rome indicate that the Pope is calling out the nations of the world to deal with the great problem of global economic inequality. I will reserve comment on the Pope’s views until I can find out more about what he actually said. Today, I would just like to focus on the way in which fragmentary news reports have argued that the Pope had launched a full scale attack on Capitalism.

It would appear that the Pope has been critical of a brand of Capitalism, the so-called “trickle down” variety.  According to the trickle down theory, as the rich get richer many of the crumbs from their tables will trickle down to the poor below. They will need servants, hairdressers, gardeners, gamekeepers etc. American commentators have praised the Pope because his words appear to be an attack on “greed”; the only one of the seven deadly sins that liberals still believe exists.

Trickle down economics is kind of a parody of real Capitalism. It is the way anti-business critics like to denigrate the American system. These critics were brought up to visualize anyone working for profit as Mr. Monopoly, or as Thurston Howell, the millionaire on Gilligan’s Island, the popular but incredibly ignorant comedy of a generation ago. But even if you look at today’s sophisticated TV fare you will see that the villains are all successful white businessmen. Young black men make up 70% of America’s prison population, but on the popular TV show “Law and Order” 90% of the criminals turn out to be successful white businessmen. 

Although more and more American college students study business administration today, profit-making enterprises are still regarded as somehow tainted in our popular culture. Working to turn a profit seems somehow ignoble. It smacks of greed. Many college graduates would much prefer to work for government or for so-called non-profits. Non-profits are “good” and supposedly serve the public interest, but profit making smacks of greed and selfishness. This attitude is seen everywhere in popular communications media.  Journalists, movies, TV shows, and music lyrics never tire of hanging the greed label on bankers, CEOs, and Wall St. brokers.

   

But recent news articles indicate that darlings of the media and anti-business left wing politicians are not immune to greed. Popular liberal movie stars like George Clooney and Matt Damon each make over 20 million per film. Is that greed? I would guess that they make more than twelve times what their stand-ins or stunt men make on their pictures.

Recently New York Yankee star baseball player Robinson Cano left the Yankees to sign a ten-year contract with the rival Seattle Mariners worth $24 million per year. Did anyone in New York, one of the most liberal blue states in the country, complain that Cano was making too much money? On the contrary, the Yankees were blamed for not offering Cano more to stay in New York. Certainly, no one suggested or argued that all baseball players should be paid equally. Neither did anyone blame Cano’s agent, the wealthy rap star JayZ, who will receive approximately 15% of Cano’s salary for the next 10 years. Why isn’t JayZ considered greedy for making $3.6 million dollars a year from Cano’s labors?

Actually Cano won’t be able to keep all the money. After deducting for JayZ’s share he will probably pay about 40% of his annual pay in the form of income taxes to Federal, State and local governments. Some have suggested that New York’s high state and city income taxes might have contributed to Cano’s move. Didn’t popular basketball star LeBron James take advantage of Florida’s lack of a state income tax when he moved from Cleveland to Miami a few years ago?

Pop stars and athletes are only the tip of the iceberg, Why are today’s wealthy labor unions and their leaders, especially the so-called public service unions, always exempt from the greed label? They are no longer the downtrodden workers of yesteryear. Today, their jobs are virtually guaranteed, their compensation exceeds that of the majority of taxpayers who pay them, and their benefits and pensions are without equal in the country. Why aren’t they considered greedy when rather than take a cut in their pay or pensions, they would rather see newer members of their own unions laid off?

One story in the news this past week illustrates the free pass given to popular figures when it comes to the greed label. The recent death of Nelson Mandela has sparked a wave of adulation all over the world. Mandela was the face of the movement that brought an end to the system of apartheid in South Africa. In a column over the weekend in the Wall St. Journal Holman Jenkins Jr. revealed that Mandela was a member of the Communist party in South Africa. Although he and his allies denied the fact all of his life, only after his death did the deputy general secretary of the Party reveal that “Mandela’s membership had been kept a closely guarded secret for ‘political’ reasons.”

I’m not bringing up Mandela’s communism because I believe he helped to create a communist society in South Africa. Apparently, it was almost the opposite. In his article Jenkins noted that Mandala’s official party, the African National Congress (ANC), became under his leadership “a party of revolutionaries turned business owners and financiers.”

Jenkins cited a 2012 book, “Who Rules South Africa?” by two respected journalists that provided some remarkable statistics. Three quarters of the ruling Cabinet members have outside business interests, as do 60% of the regime’s 400 members of parliament. In the impoverished Eastern Cape, Mandela’s ancestral home, three quarters of government contracts went to companies owned by state officials and their families. Cyril Ramaphosa, a former militant leader and the country’s likely next president, is worth 65 Million, three times the net worth of Mitt Romney. Jenkins concluded,

One indisputable ANC success has been creating a new black business elite with a stake in preserving South Africa’s advanced capitalist economy.

George Orwell’s little classic, “Animal Farm” ought to be required reading in all American high school classrooms. It is less well known than his futuristic “1984” but much more relevant today. In “Animal Farm” the animals revolt against and drive out the oppressive farmer in the hope of establishing an egalitarian utopia. In short order the wily Pigs turn the revolution to their own benefit and change its motto from “all animals are equal” to “all animals are equal but some are more equal than others.” In the chilling end, the once again oppressed animals stare into the farmhouse window to behold the wealthy Pigs dealing with the Farmer.

The funeral service for Mandala with the fake sign language interpretation was revealing in more ways than one. This video shows not only the fat cats but also that their words and speeches are never to be taken at face value.

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