Cutting Through the Crazy

                We live in strange times. Reality is stranger than fiction, and 2019 is certainly a testament to that notion. Just think back to the poor woman who had to escape the weight of a camel by biting its testicles. Or the Stoughton, MA police department stumbling upon several caged lizards which were left behind on the street. Then sometimes you stumble upon a strange rambling from that friend from high school which goes in a very strange direction. Crazy ideas like Thanksgiving being offensive.

                First of all, let’s get this out of the way: if you really and truly believe that Thanksgiving is offensive, you can kick rocks. The historically recognized story of the first Thanksgiving discusses how Pilgrims from the Mayflower celebrated a successful harvest with the help of the local Wampanoag tribesmen in 1621. In fact, the English residents were the minority of the party, making up about 50 Pilgrims compared to the roughly 90 Wampanoags. Several other “First Thanksgiving” stories follow this template, with one being controversial (and occurring in 1637). Due to the date of the latter, I would say it is fair that Thanksgiving is not a holiday spent on celebrating a successful battle against a local Native American tribe. The original meaning of Thanksgiving, and what’s been widely recognized for almost 400 years, is thanksgiving for a successful harvest. In the present day, the holiday may mean that for farmers but for the rest of us could represent thanksgiving for a job, health, family, a pet, or a friend or friends.

                That rant is over (for now). Now to the true matter of this article, is that the majority of people and ideas are overshadowed by loud minorities and people searching for controversy. For example, if the idea that Thanksgiving is a perennial testament to a mass murder of 700 Pequot tribespeople in present day Connecticut is new to you, then welcome to the world. Thanksgiving has been called controversial for the last few years of recent memory, but this writer never knew why until the writing of this article. To be honest, I do not agree (for the chronological reason listed above) but the truth is it does not matter. The fact is that this holiday is celebrated for many different reasons in this day and age, and carries a central theme of giving thanks for something. Why is it that a 400 year old tradition is under fire? Same reason that people can find a festival celebrating tacos offensive.

                According to the Nielsen Norman Group, 90% of users do not contribute to content on an online platform, with 9% contributing a little and 1% contributing a majority of content. To assume that the 1% of content creators represent the majority of the population sitting back and watching is quite a stretch. Controversial ideas posted by these 1% can spread like wildfire, regardless of whether or not the ideas are popular or agreeable. If a person with a radical philosophy decides to post something crazy in relation to their convictions, other will spread the idea with the intent to suggest that these ideas are so wrong they should be shared, thus becoming the talking points and headlines that appear to the rest of us. The potential for ideas to spread is a great promoter of change, for just as quickly as a bad idea can spread so too can n alternative thought to quell or minimize the bad idea. In fact, this idea of stopping bad ideas from taking traction is a driving force for the creation of this site.

                Take some time when you are on Facebook or Twitter to think when you see something crazy. Read the article that is being shared. See if there is any weight behind the thoughts being presented. Then go about your day. Once you cut through the crazy, you’ll realize this world we live in is not as bad off as the mainstream media and the social media loudmouths would want you to think.

Sources:

https://www.theadvocate.com/baton_rouge/news/article_e046c5fc-dd5c-11e9-ba1e-8fc42923739b.html

https://www.foxnews.com/us/police-search-for-owners-of-caged-lizards-found-on-street-this-is-not-a-misprint

https://www.businessinsider.com/history-of-thanksgiving-2017-11

https://www.nngroup.com/articles/participation-inequality/

Cirque d’Impeachment

                Alright. Let’s talk about the impeachment of President Donald Trump. Everyone has surely heard a snippet here and there, and everyone and their mother has an opinion on it. As always, I recommend everyone doing their own research and coming to a conclusion about the impeachment process so far, but if you don’t have that much time then pay attention here.

                The House of Representatives formally voted to impeach President Trump on December 18, 2019. The charges brought up against him are abuse of power (or The President’s Misconduct, per the report from the House Permanent Select Committee on Intelligence) and obstruction of Congress (The President’s Obstruction of the House of Representatives’ Impeachment Inquiry). These two fancy phrases mean that the President is alleged to have conditioned aid money to be given on the terms of an investigation into former Vice President Joe Biden and his son, Hunter Biden, who is a board member of a Ukrainian gas company named Burisma. The second article is just as it sounds, that the President is alleged to obstruct the House of Representatives in the investigation for the grounds of impeachment.

                The first article of impeachment is founded on the idea that the President conducted himself in such a way as to help his own political career, since one of the targets of these investigations is Joe Biden himself. One reason being that Mr. Biden allegedly leveraged his role as the Vice President and withheld federal aid money earmarked for Ukraine in exchange for the removal of a corrupt Ukrainian prosecutor who was involved with Burisma. The prosecutor was fired for the failure of an investigation of Burisma, according to co-founder of the Ukrainian Anti-Corruption Action Center Daria Kaleniuk. From researched conducted for this article, it appears that an investigation into Burisma following the removal of the Ukrainian prosecutor has not been started (or re-started).

                The second article deals with obstruction of Congress. This is a curious one that hinges on directives from the President to ignore congressional subpoenas. A congressional subpoena is not the same as a subpoena coming from a court of law. Such subpoenas coming from the courts would carry much more weight if they were ignored. Subpoenas sent to other officials who were told to not attend the impeachment hearings were voluntary congressional subpoenas. The key word in that last sentence is voluntary. Trump did not keep all of colleagues out of the hearings, and key officials did make themselves present to participate in hearings for the process. This indicates that even if Trump did make a concerted effort to keep his people out of the hearings, all members were subjected to their own free will to either attend or skip the hearings.

                So what exactly are we looking at here? Is this an honest impeachment investigation into President Trump, or is it a misguided distraction to keep Joe Biden as a Democratic frontrunner by keeping attention off of the Ukrainian investigations which have happened, failed, and possibly started again? Is it a partisan reach due to the Democrats’ strange but strong dislike of President Trump since his 2016 campaign? Is the obstruction of Congress article even legitimate, or just another reach to attempt and pad the case against him?  Is this total nonsense aimed at directing attention away from Jeffrey Epstein’s mysterious death and horrible past which may be implicating others in the same room as the articles of impeachment were drafted? Who knows. The articles must now be sent to the Senate for a vote which will convict or acquit the President for these allegations. Hopefully the American people will get an answer soon.

Sources:

https://www.cfr.org/event/foreign-affairs-issue-launch-former-vice-president-joe-biden

https://www.businessinsider.com/ukraine-gas-company-burisma-holdings-joe-bidens-son-hunter-explained-2019-9

https://www.reuters.com/article/us-usa-trump-congress-subpoena-explainer/explainer-how-hard-hitting-are-u-s-congress-subpoenas-contempt-citations-idUSKCN1SC1YE

https://intelligence.house.gov/report/#preface

Drill Today, Plan for Tomorrow

Take a second to look around you. I know you are reading this on some sort of electronic device (we have not hit the printers yet). I assume you are wearing shoes, and probably enjoying a drink in a plastic or printed metal receptacle. Even if you were in the middle of the woods with clothes that you made from scratch with grass or wool, you would still be using three objects which were made in some part from oil or the use of oil in a manufacturing process. Knowing that most objects you use on a daily basis are byproducts from oil, is there any reason why people in this day and age should look towards a new materialistic and energy-producing resource?

Yes and no. Let’s start with the “yes.” From a monetary aspect, the oil and gas industry is a benevolent part of financing all the wonderful aspects of our state. The state government as well as local governments see extra money coming in in large part from taxes collected from different parts of the oil and gas industry. According to a report published by Dr. Loren C. Scott for the Grow Louisiana Coalition in 2018, state taxes collected from the energy industry reached $688.7 million in FY17. Keep in mind this is after the oil and gas decline which started in 2014. Now that the state has their share, one can take a look at the local governments. Local governments collected a total of $382,801,128 in property taxes which were “Energy-Related.” The list goes on and on, and this writer would like to commend Dr. Scott for the detail in the report.

The next facet is looking at how set for success Louisiana is as far as letting this industry become such a provider. As far as total energy production, the U.S. Energy Information Administration lists Louisiana as the 8th most productive state (per 2017 data). In a day and age where Louisiana is number 1 in our hearts but seems to be last in everything else, breaking the top 10 in some category is usually nice. Usually. But the processes that make up that high ranking is partly due to the crude oil (9th place) and natural gas (4th) production. And as great as it is having this abundant natural resource, planning ahead is an integral step that cannot be missed.

If the saying that “Failure to plan is a plan to fail,” is true, then common sense would be to begin planning. Comprehensive plans should be built around actual action items instead of just ideas. For every voice declaring the “need” of weening off of oil as an energy or economic factor, the same voice should also be announcing plans for replacements in terms of the side-effects that a strong oil industry provides. There are other natural resources and industries which can be grown in Louisiana. Having a good plan for one or more of these industries to supplement the financial loss from losing oil and gas is truly necessary to making sense of the change. When the time comes, and with a good plan in place, a switch from oil and gas to these replacements would not inherently be a bad thing.

Lastly, the timeline for this to happen needs to be looked at realistically. We should be able to stretch the oil and gas industry to the end of its economic viability. That does not need to happen in the next leadership change in our state. Or the one after. A well thought plan at the right time can transition Louisiana to another good or better place. Until that happens, we should be pushing on oil and gas to try and keep that cash cow. We should be encouraging and helping the oil and gas industry thrive, especially given our location as a major corridor to offshore plays. Let’s keep drilling, producing, and refining until the fat lady sings.

Sources:

https://growlouisianacoalition.com/wp-content/uploads/2018/04/2018-THE-ENERGY-SECTOR-STUDY_GROW-LOUISIANA-COALITION.pdf

https://www.eia.gov/state/rankings/#/series/46

https://wtcno.org/why-louisiana/

A Perfectly Irrational System

An exercise equipment company and an expensive banana may not have much in common on the surface. In fact, in my entire lifetime I am not sure that I could fathom the connection myself. The answer to a question that no one asked, however, did manifest itself recently. The answer swooped in mysteriously, through the back door one might say. Once it presented itself, it became clear as day.

For the uninformed, the company Peloton released a commercial where the protagonist is gifted one of their stationary exercise bikes for a Christmas gift from her husband. This ad was quickly deemed sexist by some, and poor marketing by others. The criticisms took their toll, and Peloton lost roughly $1.6 billion in market value (per the Wall Street Journal). The other half of our curious connection involves an art piece which wholly consists of a banana duct taped to a wall, titled “Comedian” by Maurizio Cattelan. This piece was apparently paired with instructions to replace the banana every week or so. Lastly, this eccentric piece came with a price tag of $120,000 to $150,000 (according to the New York Times and ArtNet News). If you are expecting an in-depth look at the meaning or message behind this piece, please quit reading now. You will not find one here.

These two events have given our country as a whole to reflect on what is happening in the big picture: the free market is working perfectly. Sure, a mildly-questionable advertisement should not cost the company $1.6 billion, and a banana and strip of duct tape should not be sold for over $100,000. Under the microscope, these do not make sense. In this writer’s mind, neither do clothes for pets or having machines in homes such as the Amazon Echo. However, ignoring the tinfoil hat, all of these make sense for one reason. The free market allows people the freedom to place values which they think is fair on objects which they like or hate. Such actions give items an honest value, which is what people will pay for them. In fact, the first definition of “value” from Merriam-Webster is the monetary worth of something. So in that regard, the value is found to be pretty cut-and-dry here. Some art collectors really liked a banana (or the message it carries, or maybe the duct tape) and some others saw a loss in value due to negative feedback regarding a commercial. As long as the market decides such things, and continues to regulate itself, we can rest assured that in this instance of perfect irrationality, the market reacted in a perfectly rational way.

Granted, we do not live in a perfectly free market system. On the other hand, when the market works like it should then the market flourishes. Self regulation in this aspect is the best way to keep prices fair and help consumers as well as continue to uphold personal freedoms for individuals and businesses. For those who saw Peloton’s ad and disagree with it, but still want to use a stationary exercise bike, they will take that money and support a different business with it. Look for your neighbors at the local gym or purchasing their own NordicTrack. “Comedian” is providing Mr. Cattelan with finances to spend where he wants to. And I am saving money on keeping Alexa out of my house to purchase gasoline or a nice dinner. The market allows us the freedom to decide whether or not Fido’s sweater is really worth upwards of $34.99 or if that money is better spent on a new book or fan gear for the local football team (hint: it’s the fan gear).

Sources:

https://www.wsj.com/articles/backlash-over-controversial-ads-often-proves-short-lived-11575645018

https://news.artnet.com/art-world/maurizio-cattelan-banana-collector-1728009

https://www.nytimes.com/2019/12/08/arts/design/a-critics-defense-of-cattelan-banana-.html

https://www.investopedia.com/terms/f/freemarket.asp

https://www.inc.com/scott-mautz/a-peloton-ad-sparked-huge-controversy-over-its-sexism-its-also-just-a-terrible-commercial.html