There are rumblings that Bank of America ("BoA") is in danger of failing. But wait---I thought we were inculcated with the notion it was too big to fail? Anyway, check the various websites. Whatever the number---and I have read as high as $75 trillion, as in take one billion and multiply it by 1,000----BoA has transferred so-called toxic assets it had acquired from other banks and transferred them to a federally-insured fund. In other words, the same folks who screamed they needed a…Continue
Added by Mark Small on October 25, 2011 at 6:13am — No Comments
I did not bother to stay up and watch the Colts-Saints debacle last night. I have had to wonder, the last couple of weeks, several things about the Colts' quarterback situation.
One thing to get out of the way. This is not simply a sports matter. The taxpayers have ponied up mucho dollars for the Colts. We paid for them to move here. We built them not one, but two stadia. When we built the second we paid them damages for having terminated the lease early on the Hoosier Dome…Continue
Added by Mark Small on October 24, 2011 at 6:32am — No Comments
October 22 we were privileged to have three candidates for local office---Matt Stone and Bill Levin, Libertarian candidates for City-County Council, and Conrad Cortellini, write-in candidate for mayor. Mr. Levin expressed himself in a fashion familiar to me. He twice used forms of a four-letter word. In various forms and contexts, the word can be a noun, an adjective, or a gerund. Usually it is a transitive verb. It shares with the word "firetruck" the same letters: the first and the last…Continue
Added by Mark Small on October 23, 2011 at 6:57am — No Comments
Our jobs are overseas. China has obtain them. The Chinese are a noble people. Their government is not. The OWS demonstrations, or movements, or whatever. Our focus, as a people should consist of more than just bitching. We need jobs here. But machine have taken the place of people. We need to rise to the occasion. We need to recgnise that we have far more people than we have jobs. people need to resist the flow of jobs overseas.
OWS's adherents call for more regulation of…Continue
Added by Mark Small on October 19, 2011 at 8:47pm — No Comments
Let's say the so-called Fair Tax is enacted. As I understand the Fair Tax, new goods are subject to taxation. Used goods are not.
What constitutes a "new good"? Let's look at automobiles. One new tire on a used car does not a new car make. On the other extreme, one used tire on a car fresh off the assembly line, I think most people would agree, does not make the car "used." What about "refurbished" cars? The State---and I use the word in the general sense of sovereign---would…Continue
Added by Mark Small on October 19, 2011 at 6:05am — No Comments
Ryan Vaughn, the president of the City-County Council, was one of our guests on Saturday's show. To his credit, he could have lied and no one (except him) would have realized it.
One issue that we discussed was mass transit in Indy. I explained I lived in Chicago for a couple of years where we didn't have to schedule our lives around arrival times of the bus at the corner. Especially during morning and evening rush hours, on most routes, a bus came by every five or ten minutes.…Continue
Added by Mark Small on October 17, 2011 at 6:03am — No Comments
Added by Mark Small on October 15, 2011 at 6:42am — No Comments
Paul Ogden and I co-host "Civil Discourse Now" and film on Saturdays, usually at 1 p.m., at Big Hat Books, 6510 Cornell in Broad Ripple. If you turn east onto 65th Street off of College, Cornell is the street immediately before the Monon Trail. Big Hat Books is the second building north of 65th on the left (west) side of Cornell. This week we shall discuss local campaign issues with candidates for City-County Council.
On October 22 we shall discuss the legalization of all…Continue
Added by Mark Small on October 12, 2011 at 6:04am — No Comments
There are two populist movements emergent in the United States today. My friend and colleague Paul Ogden perhaps disagree on basic political philosophies. I agree with his position that the Occupy Wall Street people and the tea baggers are both populist movements. Did you notice that Occupy Wall Street did not adopt a name that had a meaning of which its participants were unaware? The OWS people have college degrees, from what I understand. A great many of them are angry over having…Continue
Added by Mark Small on October 10, 2011 at 6:06am — No Comments
Words and phrases oftentimes are misleading. One can ask whether "local politics"---or politics of any kind, can be discussed rationally. One could qualify the topic by particular place---Marion County, Indiana---and time---the second decade of the Twenty-First, what historians in all likelihood will call the Chinese Century or the Indian Century but in no event Another American Century. As economic policies begun under the nominal presidency of the man who almost was cast as Rick Blaine…Continue
Added by Mark Small on October 8, 2011 at 5:46am — No Comments
There are advocates for the Fair Tax as a substitute for the Federal Income Tax. There also are advocates of no taxes at all. This Saturday, "Civil Discourse Now" will have, as our two topics, the Fair Tax---and that is not a tax levied to fund the State Fair ("Our state fair is a very good fair!") or the various county fairs, although it could be---and the Federal Reserve. We start at 1 p.m. at Big Hat Books.
I must apologize to a person who took the time and the interest to…Continue
Added by Mark Small on October 7, 2011 at 5:49am — No Comments
In grade school, junior high and high school, we watched the news each evening. At least those of later to be called geeks watched the news. A chief feature of the reports of Walter Cronkite, David Brinkley (after his partner Chet Huntley succumbed to cigarette-related cancer), and whomever the anchor-of-the-month was featured on ABC was the latest in student demonstrations. Civil rights demonstrations were on as well, but as a white kid raised in rural Indiana, I identified more with the…Continue
Added by Mark Small on October 6, 2011 at 6:02am — No Comments
Ann Coulter must have spiked the LSAT. How else could she have obtained admission into the University of Michigan School of Law? She only says things to attract attention and sell books, one might say. If she were a Hollywood gossip person, matters might be different. I do not mean to downplay the harm that harsh, false words can have to a person who is the target of an item from a Hollywood gossip person. I do not say "columnist" because, here in 2011, I think that term is obsolete. …Continue
On Saturday, October 8, on "Civil Discourse Now," Paul Ogden and I will discuss the so-called fair tax and also the Federal Reserve.
We did not shoot the show last week and that was my fault. I was sick on Thursday and was out-of-sorts through the weekend. I feel particularly guilty because one person showed up at Big Hat Books, 6510 Cornell Avenue, where we do the show at 1:00 p.m. I would encourage anyone who wishes to do so to come to the show.
I think the fair tax…Continue
Added by Mark Small on October 4, 2011 at 5:56am — No Comments
This is the year the Colts can use to draft a replacement for Peyton Manning, when Manning retires in 2019 or 2020. The record of our boys in blue should be dismal. If the Colts are as ineffective as they looked against the Browns, we should see the Number One pick---please don't tell me it's been traded away---firmly in Bill Polian's clutches. I do not know if there is a quarterback of Peyton Manning's odd combination of talents---physical ability, football genius, and a geekish love of…Continue
Added by Mark Small on October 3, 2011 at 5:54am — No Comments
PLACE: Broad Ripple Tavern
On November 12, 2011, DePauw University will play its rival to the north, Wabash College. Former Republican candidate for United States Congress---and alum of the school in Crawfordsvile---Carlos May has agreed to join me in a discussion, or more likely debate, agreement on the exact wording of which we have yet to reach. It will encompass whether single-gender, post-secondary educational institutions are of any positive value. We should start at about…Continue
Added by Mark Small on October 1, 2011 at 6:09am — No Comments
Members of the legal profession are reputed to gouge clients for fees. There is the joke about the lawyer who died, went to the hereafter, and was told he was overdue because, from his billing records, he was indicated as being nearly one thousand years old. A lawyer cannot bill for work not performed, however. A "retainer" must be billed against by the hour. Also, the methods of billing, be they by the tenth of an hour or a quarter of an hour, must be by some fraction. As an example, a…Continue
Added by Mark Small on September 30, 2011 at 6:52am — No Comments
On this week's show, being shot Saturday, October 1, Paul Ogden and I shall discuss two topics. One is the wisdom or folly of forfeiture laws. Those are laws that provide the means by which local government can confiscate private property with fewer restraints, some would say due process, than that in which it otherwise would have to engage. The second is whether all drugs should be legalized.
We start at 1:00 p.m. at Big Hat Books, 6510 Cornell Avenue, in Broad Ripple.
Added by Mark Small on September 24, 2011 at 5:56am — No Comments
I attended and graduated from a high school that, prior to my enrollment, had a speech team, but not a debate team. A couple of weeks into my first year on the speech team, we attended a debate tournament as a favor to the coach of another school. I was hooked. I loved debate. I was on the team all through high school. The culmination was our making state finals. When I reached Depauw, I already had been in contact with the coach, Doctor Weiss, and one of the debaters. Again, I debated al…Continue