EFTA00695057.pdf
PDF Source (No Download)
Extracted Text (OCR)
From: Gregory Brown
To: undisclosed-recipients:;
Bcc: jeevacation@gmail.com
Subject: Greg Brown's Weekend Reading and Other Things.. 5/15/2016
Date: Sun, 15 May 2016 07:18:55 +0000
Attachments: Lenny_Bruce_bio.docx; Gato_Barbieri_bio.docx
Inline-Images: image.png; image(I).png; image(2).png; image(3).png; image(4).png; image(5).png;
image(6).png; image(7).png; image(8).png; image(9).png; image(10).png; image(11).png;
image(12).png; image(13).png; image(14).png; image(I5).png; image(16).png;
image(I7).png; image(18).png; image(19).png
DEAR FRIEND
Lenny Bruce
Long before there was a Richard Pryor, George Carlin and Bill Cosby, the voice of open, free-style and
critical form of comedy which integrated satire, politics, religion, sex, and vulgarity that was the life
blood of the counter-culture of the 1950s and 6os was that of Lenny Bruce — American stand-up
comedian, social critic, satirist, and screenwriter — and truly one of the greatest that ever was.... as
well as someone who inspired me coming of age in the early 1960s....
Leonard Alfred Schneider was born on October 13, 1925 in Mineola, New York, grew up in nearby
Bellmore, and attended Wellington C. Mepham High School. His parents divorced when he was five
EFTA00695057
years old (the documentary Lenny Bruce: Swear to Tell the Truth claims he was eight years
old), and Lenny lived with various relatives over the next decade. His British-born father, Myron
(Mickey) Schneider, was a shoe clerk and Lenny saw him very infrequently. Mickey later moved to
Arcadia, California and became a podiatrist. Bruce's mother, Sally Man• (real name Sadie Schneider,
born Sadie Kitchenberg), was a stage performer and had an enormous influence on Bruce's career.
After spending time working on a farm, Bruce joined the United States Navy at the age of 16 in 1942,
and saw active duty during World War II aboard the USS Brooklyn (CL-40) fighting in Northern
Africa, Palermo, Italy in 1943 and Anzio, Italy in 1944. In May 1945, after a comedic performance for
his ship-mates in which he was dressed in drag, his commanding officers became upset. He defiantly
convinced his ship's medical officer that he was experiencing homosexual urges. This led to his
Dishonorable Discharge in July 1945. However, he had not admitted to or been found guilty of any
breach of naval regulations and successfully applied to have his discharge changed to "Under
Honorable Conditions ... by reason of unsuitability for the naval service". In 1959, while taping the
first episode of Hugh Hefner's Playboy's Penthouse, Bruce talked about his Navy experience and
showed a tattoo he received in Malta in 1942.
After a short stint in California spent living with his father, Bruce settled in New York City, hoping to
establish himself as a comedian. However, he found it difficult to differentiate himself from the
thousands of other show business hopefuls who populated the city. One locale where they congregated
was Hanson's, the diner where Bruce first met the comedian Joe Ancis, who had a profound influence
on his approach to comedy. Many of Bruce's later routines reflected his meticulous schooling at the
hands of Ancis. According to Bruce's biographer, Albert Goldman, Ancis' humor involved stream-of-
consciousness sexual fantasies and references to jazz.
Lenny took the stage as "Lenny Marsalle" one evening at the Victory Club, as a stand-in master of
ceremonies for one of his mother's shows. His ad-libs earned him some laughs. Soon afterward, in
1947, just after changing his last name to Bruce, he earned $12 and a free spaghetti dinner for his first
stand-up performance in Brooklyn, New York. He was later a guest — and was introduced by his
mother, who called herself "Sally Bruce" — on the Arthur Godfrey's Talent Scouts radio program,
doing a Sid Caesar-inspired bit "The Bavarian Mimic" featuring impressions of American movie stars
(e.g., Humphrey Bogart, James Cagney, and Edward G. Robinson).
Bruce's early comedy career included writing the screenplays for Dance Hall Racket in 1953, which
featured Bruce, his wife, Honey Harlow, and mother, Sally Marr, in roles; Dream Follies in 1954, a
low-budget burlesque romp; and a children's film, The Rocket Man, in 1954. He also released four
albums of original material on Berkeley-based Fantasy Records, with rants, comic routines, and
satirical interviews on the themes that made him famous: jazz, moral philosophy, politics, patriotism,
religion, law, race, abortion, drugs, the Ku Klux Klan, and Jewishness. These albums were later
compiled and re-released as The Lenny Bruce Originals. Two later records were produced and sold by
Bruce himself, including a 10-inch album of the 1961 San Francisco performances that started his legal
troubles. Starting in the late 195os, other unissued Bruce material was released by Alan Douglas,
Frank Zappa and Phil Spector, as well as Fantasy. Bruce developed the complexity and tone of his
material in Enrico Banducci's North Beach nightclub, "The hungry 4" where Mort Sahl had earlier
made a name for himself.
EFTA00695058
Branded a "sick comic" - though it was the perceived "sickness" of modern society that he was railing
about — Lenny was essentially blacklisted from television, On February 3, 1961, in the midst of a
severe blizzard, he gave a famous performance at Carnegie Hall in New York. It was recorded and later
released as a three-disc set, titled The Carnegie Hall Concert. In the liner notes, Albert Goldman
described it as follows:
This was the moment that an obscure yet rapidly rising young comedian named Lenny Bruce
chose to give one of the greatest performances of his career.... The performance contained in
this album is that of a child of the jazz age. Lenny worshiped the gods of Spontaneity, Candor
and Free Association. He fancied himself an oral jazzman. His ideal was to walk out there like
Charlie Parker, take that mike in his hand like a horn and blow, blow, blow everything that
came into his head just as it came into his head with nothing censored, nothing translated,
nothing mediated, until he was pure mind, pure head sending out brainwaves like radio waves
into the heads of every man and woman seated in that vast hall. Sending, sending, sending, he
would finally reach a point of clairvoyance where he was no longer a performer but rather a
medium transmitting messages that just came to him from out there — from recall, fantasy,
prophecy.
A point at which, like the practitioners of automatic writing, his tongue would outrun his mind
and he would be saying things he didn't plan to say, things that surprised, delighted him,
cracked him up — as if he were a spectator at his own performance
Bruce was known for his legendary legal battle, including one for fraud, most notable was the Brother
Mathias Foundation scam, which resulted in Bruce's arrest in Miami, Florida later that year for
impersonating a priest. He had been soliciting donations for a leper colony in British Guiana (now
Guyana) under the auspices of the "Brother Mathias Foundation", which he had legally chartered —
the name was his own invention, but possibly referred to the actual Brother Matthias who had
befriended Babe Ruth at the Baltimore orphanage to which Ruth had been confined as a child. Bruce
had stolen several priests' clergy shirts and a clerical collar while posing as a laundry man. He was
found not guilty because of the legality of the New York state-chartered foundation, the actual
existence of the Guiana leper colony, and the inability of the local clergy to expose him as an impostor.
Later, in his semi-fictional autobiography How to Talk Dirty and Influence People, Bruce revealed that
he had made about $8,000 in three weeks, sending $2,500 to the leper colony and keeping the rest.
But what really endeared him to the counter-culture was his obscenity arrests — where on October 4,
1961, Bruce was arrested for obscenity at the Jazz Workshop in San Francisco; he had used the word
cocksucker and riffed that "to is a preposition, come is a verb", that the sexual context of come is so
common that it bears no weight, and that if someone hearing it becomes upset, he "probably can't
come". Although the jury acquitted him, other law enforcement agencies began monitoring his
appearances, resulting in frequent arrests under charges of obscenity.
Bruce was arrested again in 1961, in Philadelphia, for drug possession and again in Los Angeles,
California, two years later. The Los Angeles arrest took place in then-unincorporated West Hollywood,
and the arresting officer was a young deputy named Sherman Block, who would later become County
Sheriff. The specification this time was that the comedian had used the word schmuck, an insulting
Yiddish term that is an obscene term for penis.
EFTA00695059
On December 5, 1962, Bruce was arrested at the legendary Gate of Horn folk club in Chicago. The
same year he played at Peter Cook's The Establishment Club in London, and a year later in April, he
was barred from entering England by the Home Office as an "undesirable alien".
In April 1964, he appeared twice at the Cafe Au Go Go in Greenwich Village with undercover police
detectives in the audience. He was arrested along with the club owners, Howard and Elly Solomon,
who were arrested for allowing an obscene performance to take place. On both occasions, he was
arrested after leaving the stage, the complaints again pertaining to his use of various obscenities.
A three-juslg2 panel presided over his widely publicized six-month trial, prosecuted by Manhattan
Assistant M. Richard Kuh, with Ephraim London and Martin Garbus as the defense attorneys. Bruce
and club owner Howard Solomon were both found guilty of obscenity on November 4, 1964. The
conviction was announced despite positive testimony and petitions of support from — among other
artists, writers and educators — Woody Allen, Bob Dylan, Jules Feiffer, Allen Ginsberg, Norman
Mailer, William Styron, and James Baldwin, and Manhattan journalist and television personality
Dorothy Kilgallen and sociologist Herbert Gans. Bruce was sentenced, on December 21, 1964, to four
months in a workhouse; he was set free on bail during the appeals process and died before the appeal
was decided. Solomon later saw his conviction overturned; Bruce, who died before the decision, never
had his conviction stricken. Bruce later received a full posthumous gubernatorial pardon.
Despite his prominence as a comedian, Bruce appeared on network television only six times in his life.
In his later club performances Bruce was known for relating the details of his encounters with the
police directly in his comedy routine. These performances often included rants about his court battles
over obscenity charges, tirades against fascism and complaints that he was being denied his right to
freedom of speech.
He was banned outright from several U.S. cities, and in 1962 an interview he was scheduled to give on
Australian television was banned in advance by the Australian Broadcasting Commission. Increasing
drug use also affected his health. By 1966 he had been blacklisted by nearly every nightclub in the
United States, as owners feared prosecution for obscenity.
Bruce did give a famous performance at the Berkeley Community Theatre in December 1965. It was
recorded and became his last live album, titled "The Berkeley Concern his performance here has been
described as lucid, clear and calm, and one of his best. His last performance took place on June 25,
1966, at The Fillmore Auditorium in San Francisco, on a bill with Frank Zappa and The Mothers of
Invention. The performance was not remembered fondly by Bill Graham, whose memoir describes
Bruce as "whacked out on amphetamine"; Graham thought that Bruce finished his set emotionally
disturbed. Zappa asked Bruce to sign his draft card, but the suspicious Bruce refused.
At the request of Hugh Hefner and with the aid of Paul Krassner, Bruce wrote an autobiography.
Serialized in Playboy in 1964 and 1965, this material was later published as the book How to Talk
Dirty and Influence People. Hefner had long assisted Bruce's career, featuring him in the television
debut of Playboy's Penthouse in October 1959. During this time, Bruce also contributed a number of
articles to Paul ICrassner's satirical magazine The Realist.
EFTA00695060
On August 3, 1966, a bearded Lenny Bruce was found dead in the bathroom of his Hollywood Hills
home at 8825 W. Hollywood Blvd. The official photo, taken at the scene, showed Bruce lying naked on
the floor, a syringe and burned bottle cap nearby, along with various other narcotics paraphernalia.
According to legend, a policeman at the scene said, 'There is nothing sadder than an aging hipster",
which itself was possibly one of Bruce's lines. Record producer Phil Spector, a friend of Bruce's,
bought the negatives of the photographs to keep them from the press. The official cause of death was
"acute morphine poisoning caused by an accidental overdose."
His remains were interred in Eden Memorial Park Cemetery in Mission Hills, California, but an
unconventional memorial on August 21 was controversial enough to keep his name in the spotlight.
The service saw over 500 people pay their respects, led by Spector. Cemetery officials had tried to
block the ceremony after advertisements for the event encouraged attendees to bring box lunches and
noisemakers. Dick Schaap eulogized Bruce in Playboy, with the memorable last line: "One last four-
letter word for Lenny: Dead. At forty. That's obscene." His epitaph reads: "Beloved father — devoted
son/Peace at last"
On December 23, 2003, 37 years after his death, New York Governor George Pataki granted Bruce a
posthumous pardon for his obscenity conviction. Bruce was the subject of the 1974 biographical film
Lenny directed by Bob Fosse and starring Dustin Hoffman (in an Academy Award-nominated Best
Actor role), and based on the Broadway stage play of the same name written by Julian Barry and
starring Cliff Gorman in his 1972 Tony Award winning role. The documentary Lenny Bruce: Swear to
Tell the Truth, directed by Robert B. Weide and narrated by Robert De Niro, was released in 1998. In
2004, Comedy Central listed Bruce at number three on its list of the1cao Greatest Stand-Ups
ofAll-Time, placing above Woody Allen (4th) and below Richard Pryor (1st) and George Carlin
(2nd.) Most importantly Lenny Bruce paved the way for future outspoken counterculture-era
comedians, and his trial for obscenity is seen as a landmark for freedom of speech in the United States
— Making Lenny Bruce one of the greatest that ever was....
So True
EFTA00695061
EVER1190 DI
DIE S
******
Why The Mainstream Media Don't Get Middle America's Anger
No one could
I am amused when people in the media say that the Mainstream Media somehow missed, (or to be
more precise), did not see the rise and resilience of both Donald Trump and Bernie Sanders. In the
Age of Blame, it is easy to say that they are disconnected and why they don't get Middle America. A
recent example is Atlantic Magazine's Neal Gabler who wrote — "That is no small thing when you
consider those two are the big stories this campaign season. It's like a weatherman missing a Category
Five hurricane. Of course, if a weatherman had blown that call, he probably would be fired. With
pundits, getting it wrong never seems to matter."
EFTA00695062
To their everlasting discredit, most of the MSM Big Feet, which is what the late journalist Richard
Ben Cramer labeled the self-important, pontificating political reporters and pundits who dominate our
press, got it all wrong about Donald Trump and Bernie Sanders. To their credit, a few of those Big Feet
have fessed up to their errors. New York Times columnist David Brooks, one of the most contrite,
admitted that he realized he had been living in a bubble and had to get out in the country a bit more —
"change the way I do my job," is how he put it — to understand the American psyche.
The typical U.S. journalist is a 41 year-old white male, according to a 2006 report by the Pew Research
Center. And when that report was updated in 2013, that typical journalist had become a 47 year-old
white male, and the median age had risen not only at newspapers, where one might expect journalists
to be aging along with their institution, but also at TV and radio stations and even online news sites.
Gabler: As for the "white" part, journalists are overwhelmingly white in a nation that is increasingly
diverse. Roughly 37 percent of Americans are minorities — a number that is growing rapidly. But by
one study, minorities possessed only 22 percent of television journalism jobs, 13 percent of radio jobs
and 13 percent of daily newspaper jobs. Another study, by Indiana University, puts the percentage of
minority-held journalism jobs much lower: 8.5 percent in 2013. And as for the "male" part, while the
number of women in journalism has been increasing ever so gradually, only one-third or so of full-time
journalists are women — a fraction that has held more or less steady since the 1980s.
Gabler: So here is the situation — A country that is increasingly younger, darker and half female is
being reported on by a press corps that is older, whiter and more male. A gaping demographic gulf
separates the press from the people — a gulf that undoubtedly affects the kinds of stories chosen and
the way in which they are covered. And there are other dredges that widen the gulf. Although
journalists are obviously scattered throughout the country, they are not geographically apportioned
equally. As one might expect, the news centers are New York, Washington and, to a lesser extent, Los
Angeles. Of the 40,000 journalists in America, nearly a quarter live in these three areas, which is
staggering when you think about it, and which certainly skews the news coverage. It also seems to
confirm the familiar.
Gerbler again: And there are other dredges that widen the gulf. Although journalists are obviously
scattered throughout the country, they are not geographically apportioned equally. As one might
expect, the news centers are New York, Washington and, to a lesser extent, Los Angeles. Of the 40,000
journalists in America, nearly a quarter live in these three areas, which is staggering when you think
about it, and which certainly skews the news coverage. It also seems to confirm the familiar gripe of
Middle America that media elites consider most of the country a fly-over from LA to NYC.
Raised in New York, living in Los Angeles and sort of fond of Washington, (and although these three
are not microcosms of America), what Gabler doesn't understand is that the people who live in these
centers come from all over the country as well as the rest of the world. And yes the news anchors and
pundits on cable are easily members of the 196, but most people in media, even those in the Big 3
Media Centers, come across the country and diverse backgrounds.
While Shan Hannidy and Bill O'Reiley were born in New York City and Liz Claman in Beverly Hills —
The great Walter Cronkite was born in Saint Joseph, Missouri. Bill Moyers was born in Hugo,
Oklahoma. Scott Pelley was born in San Antonio and grew up in Lubbock, Texas. Paula Zahn was born
EFTA00695063
in Omaha, Nebraska. Chris Matthews was born in Philadelphia, Pennsylvania. Ann Curry was born in
Guam, lived in Japan for several years as a child and moved to Ashland, Oregon, where she graduated
from Ashland High School and then the University of Oregon. Lesley Stahl was born in Lynn,
Massachusetts. Diane Sawyer was born in Glasgow, Kentucky, Brian Williams. Ridgeway, N. J. and
Lora Logan Durban, South Africa.
On top of this all three rank highly among American cities in a rubric of racial and ethnic diversity, as
determined in a study by Wallethub.com (NYC at #6; LA at #54 and DC at #78), even though their
income dive rsity (DC at #86; NYC at #157; LA at #183) is toward the bottom, it doesn't mean that they
live in the upper income strata. The average reporter or correspondent doesn't make very much
money, according to the Bureau of Labor Statistics in May 2015 — a little less than $50,000. By
comparison, the mean household income in the US generally is just about $52,000. But remember
those BLS figures include all reporters and correspondents in the country, including folks in the
boondocks where salaries are low. If you focus on the Big Three cities, the picture is somewhat
different. The mean annual wage for a reporter in NY is $69,000, in the metro DC area $75,000, and
in LA $48,000, actually under the general mean, which suggests how much the major news media
outlets are really concentrated in the East.
Of course, the big names get the big bucks. But if you live or work in Los Angeles, New York or in D.C.,
you still have to deal with traffic, crime and pollution. Your children, even those in private schools,
have friends on scholarship whose families live paycheck to paycheck. So if you chose not to live in a
bubble, no matter how big, you can hide behind sun glasses and a big hats to bike, take the subway or
dine at your favorite greasy spoon restaurant in a sketchy neighborhood from your poverty days that is
no longer sketchy as a result of gentrification.
But the reason why these journalist and pundits didn't foresee the rise of Trump and Sanders, is
because they aren't clairvoyant. Yes, you could easily envision the Tea Bag Movement, turning on the
Republican Establishment, who were thrilled when their rallies were in opposition to the Obama
Administration. And yes, this is the same anger that Donald Trump has tapped into and mirrored by
Sanders supporters on the left. But like weather forecasting, which uses the latest satellite imagery
and computer simulations and still get gets it wrong — most journalism is about recording history, not
predicting it. I believe today, we often expect too much, that somehow Hillary Clinton should have
been able to save the life of ambassador who was under fire six thousand miles away. Or that having
arm guards in public schools would have prevented the Sandy Hook massacre. Sometimes in life, shit
just happens.
The truth is that David Brooks and other moderates who haven't drank the anger Kool Aid are soul
searching because the institution that they fell in love with has somehow turned into a Frankenstein
terrorizing everyone and everything around it. And "no" Mr. Gabler, David Brooks doesn't have to give
up his home, salary, friends, comfort or even sense of privilege, to comprehend, the pain and anger
that is at the heart of this strange campaign year. All that he has to do is use common sense. FDR,
JFK and LBJ were all rich and privileged, yet because of common sense and not ideology, not only did
they understand the pain of the common man/woman they fought for and implemented laws,
programs and solutions to address their needs.
When you put the emphasis of the health of business in front of workers and even profits before that,
no one should be surprised that there is little to nothing left for those at the bottom. Today's
EFTA00695064
Republicans are still selling trickle-down economics of the Reagan era. Not because they worked, but
because it is a message that still sells to the unenlightened, especially when there are others to blame;
welfare mothers, illegal immigrants, minorities, unions or China.
The second biggest welfare program in America is military spending, with the largest, tax breaks for
corporations and the wealthy. Think about it, this is what both Trump and Sanders are saying. So if
David Brooks, Chris Matthews and others really want to understand — use common sense and forget
the horse race, as one is about substance while the other is just about numbers. To Neal Gabler, if the
MSM are to be blamed about anything, it is not that they feel the pain of the masses. The supporters of
Trump and Sanders have both bought into the anger of blame and the promises that the election of one
man will somehow change their lot in life. This is Benito Mussolini and Eva Peron territory, not
America. Nostradamus couldn't have predicted this.
We should remember that it was Paddy Chayefsky who in his award-winning movie, the 1976
American satirical black comedy-drama, Network, foresaw that one day television journalism would
morph into entertainment. In today's primary season, Donald Trump and Bernie Sanders are both
playing the Howard Beale role and his "I'm as mad as hell, and I'm not going to take this anymore" is
their message. So when the primaries are being presented to the public as "a horse race" and "did you
see this" it is unrealistic to expect this entertainment to have depth and understanding when ratings,
circulation and page views are the evaluation metric qualifier.
Your Company is Failing and Still You Get a Pay Raise
How is this possible and what about the workers
I read an article last week in the Huffington Post by Robert Reich that actually angered me —
about Marissa Mayer Mayer who is CEO of Yahoo. While Yahoo's stock lost about a third of its value
EFTA00695065
last year, as the company went from making $7.5 billion in 2014 to losing $4.4 billion in 2015, its CEO
Mayer raked in $36 million in compensation. And even if Yahoo's board fires her, her contract
stipulates she gets $54.9 million in severance. In other words, Mayer can't lose.
Although I appreciate his message, I am not a supporter of Bernie Sanders, but with examples like this
it is easy to understand why Americans are so angry, and why anti-establishment fury has become the
biggest single force in American politics today. It's another example of no-lose socialism for the rich —
winning big regardless of what you do. Meyer is not alone as the average Fortune 50o CEO in the
United States makes more than $12 million per year, which is nearly five million dollars more than the
amount for top CEOs in Switzerland, where the second highest paid CEOs live, more than twice that
for those in Germany, where the third highest paid CEOs live, and more than twenty one times that for
those in Poland.
In 1965 top CEOs only made on average 20 x more than the typical worker in their industries. In 2013
the top CEOs made 296 x more than their workers. While the typical male worker is making $783 less
than they did 42 years ago when adjusted for inflation and the typical female worker is making $1337
less she did in 1970. And although the piece is about worker economic inequality, we need to realize
that the riches 15 people in America wealth increased by $170 billion in just the last two years. To put
that number in prospective, $170 billion is more wealth that is owned by the bottom 40% and double
what this country spends on nutrition programs for 4o million Americans.
The United States was not always the most powerful nation on Earth. It was only with the end of
World War II, with the rest of the developed world in smoldering ruins that America emerged as the
free world's leader. This coincided with the expansion of the U.S. middle class. With the other war
combatants trying to recover from the destruction of the war, America became the supermarket,
hardware store and auto dealership to the world. Markets for American products abounded and
opportunity was everywhere for American workers of all economic means to get ahead.
America had a virtual monopoly on rebuilding the world. Combined with the G.I. Bill of 1944, which
provided money for returning veterans to go to college, and government loans to buy houses and start
businesses, the middle class in America boomed, as did American power, wealth and prestige.
Between 1946 and 1973, productivity in America grew by 104 percent. Unions led the way in assuring
wages for workers grew by an equal amount.
The 1970s, however, brought a screeching halt to the expansion of the American middle class. The
Arab oil embargo in 1973 marked the end of cheap oil and the beginning of the middle-class decline.
The Iranian Revolution in 1979, with more resultant oil instability, combined with the rise of Ronald
Reagan's conservative revolution at home, accelerated the long and painful contraction of the middle
class.
Cuts in corporate taxes, stagnant worker wage growth, the right-wing war on unions, and corporate
outsourcing of work overseas greased the wheels of the middle-class decline and the upper-class
elevation. Cuts in taxes on the wealthy, under the guise of trickle-down economics, have resulted in
lower government revenue and cuts to all kinds of services. All of which has led to today, an era of
national and international inequality unparalleled since the days of the Roaring '20s.
EFTA00695066
Think About This
1. In 81 percent of American counties, the median income, about $52,000, is less than it was 15
years ago. This is despite the fact that the economy has grown 83 percent in the past quarter-
century and corporate profits have doubled. American workers produce twice the amount of
goods and services as 25 years ago, but get less of the pie.
2. The amount of money that was given out in bonuses on Wall Street last year is twice the
amount all minimum-wage workers earned in the country combined.
3. The average wealth of an American adult is in the range of $250,000-$300,000. But that
average number includes incomprehensibly wealthy people like Bill Gates. Imagine 10 people
in a bar. When Bill Gates walks in, the average wealth in the bar increases unbelievably, but
that number doesn't make the other 10 people in the bar richer. The median per adult number
is only about $39,000, placing the U.S. about 27th among the world's nations, behind Australia,
most of Europe and even small countries like New Zealand, Ireland and Kuwait.
4. CEOs in 1965 earned about 24 times the amount of the average worker. In 1980 they earned
42 times as much. Today, CEOs earn 325 times the average worker
5. More locally, the poorest half of the US owns 2.5% of the country's wealth. The top 1% owns
35% of it.
6. The slice of the national income pie going to the wealthiest 1% of Americans has doubled
since 1979.
7. The 1% also takes home 20% of the income. This figure is the most since the 1920s era of
laissez faire government (under Republicans Warren Harding, Calvin Coolidge and Herbert
Hoover).
8. The top 196 of America owns so% of investment assets (stocks, bonds, mutual funds). The
poorest half of America owns just .5% of the investments.
9. The poorest Americans do come out ahead in one statistic: the bottom 90% of America owns
73% of the debt.
EFTA00695067
to. Since 1990, CEO compensation has increased by 300%. Corporate profits have doubled.
The average worker's salary has increased 4%. Adjusted for inflation, the minimum wage has
actually decreased.
Italians, Belgians and Japanese citizens are wealthier than Americans.
I don't want to pick on Ms. Mayer or the managers of the funds that invest in Yahoo. They're typical of
the no-lose system in which America's corporate and financial elite now operate. But the rest of
America works in a different system.
Theirs is cutthroat hyper-capitalism — in which wages are shrinking, median household income
continues to drop, workers are fired without warning, two-thirds are living paycheck to paycheck, and
employees are being classified as "independent contractors" without any labor protections at all.
Why is there no-lose socialism for the rich and cutthroat hyper-capitalism for everyone else?
Because the rules of the game — including labor laws, pension laws, corporate laws, and tax laws —
have been crafted by those at the top, and the lawyers and lobbyists who work for them. Does that
mean we have to await Bernie Sanders's "political revolution" (or, perish the thought, Donald Trump's
authoritarian populism) before any of this is likely to change?
Before we go to the barricades, you should know about another CEO named Hamdi Ulukaya, who's
developing a third model — neither no-lose socialism for the rich nor hyper-capitalism for everyone
else. Ulukaya is the Turkish-born founder and CEO of Chobani, the upstart Greek yogurt maker
recently valued at as much as $5 billion.
In April Ulukaya announced he's giving all his 2,000 full-time workers shares of stock worth up to 10
percent of the privately held company's value when it's sold or goes public, based on each employee's
tenure and role at the company. If the company ends up being valued at $3 billion, for example, the
average employee payout could be $150,000. Some long-tenured employees will get more than $r
million. Ulukaya's announcement raised eyebrows all over corporate America. Many are viewing it as
an act of charity (Forbes Magazine calls it one of "the most selfless corporate acts of the year").
In reality, Mr. Ulukaya's decision is just good business. Employees who are partners become even
more dedicated to increasing a company's value. Which is why research shows that employee-owned
companies — even those with workers holding only a minority stake — tend to out-perform the
competition. Mr. Ulukaya just increased the odds that Chobani will be valued at more than $5 billion
when it's sold or its shares of stock are available to the public. Which will make him, as well as his
employees, far wealthier. As Ulukaya wrote to his workers, the award isn't a gift but "a mutual
promise to work together with a shared purpose and responsibility." A handful of other companies
are inching their way in a similar direction.
EFTA00695068
Apple decided last October it would award shares not just to executives or engineers but to hourly paid
workers as well. Twitter CEO Jack Dorsey is giving a third of his Twitter stock (about 1 percent of the
company) "to our employee equity pool to reinvest directly in our people." Employee stock ownership
plans, which have been around for years, are lately seeing a bit of a comeback. But the vast majority of
American companies are still locked in the old hyper-capitalist model that views workers as costs to be
cut rather than as partners to share in success. That's largely because Wall Street still looks
unfavorably on such collaboration (remember, Chobani is still privately held).
Robert Reich - The Street remains obsessed with short-term stock performance, and its analysts
don't believe hourly workers have much to contribute to the bottom line. But they're prepared to
lavish unprecedented rewards on CEOs who don't deserve squat. Let them compare Yahoo with
Chobani in a few years, and see which model works best. If I were a betting man, I'd put my money on
Greek yoghurt. And I'd bet on a model of capitalism that's neither no-lose socialism for the rich nor
cruel hyper-capitalism for the rest, but share-the-gains capitalism for everyone.
The Ultimate Trophey for a Racist
Bidding in an online auction for the pistol George Zimmerman used in the 2012 shooting death of
teenager Trayvon Martin topped $65 million on Friday.
On February 26, 2012, George Zimmerman shot and killed 17-year-old Trayvon Martin in Sanford, Fla.
Martin, a black teenager dressed in a hoodie, was unarmed when Zimmerman killed him. All the boy
carried were Skittles and Arizona Iced Tea, items that became symbols as the world reacted to the
delayed arrest of Zimmerman. A petition on Change.org calling for his arrest gained more than 2
million signatures, and a rally in New York calling for the arrest of Zimmerman attracted hundreds.
Zimmerman was eventually arrested and charged with second-degree murder and manslaughter. On
July 13, 2013, he was acquitted by a Florida jury. The country responded to the verdict with
nationwide rallies. In fact, his legal troubles go back to 2005, when he was arrested twice. First in a
EFTA00695069
domestic dispute that ended with a broken engagement and a restraining order filed against him.
Then, for the battery of an officer after he shoved an undercover agent who was arresting
Zimmerman's underage friend for being in a bar.
Throughout (and even after) his trial, a multitude of comparisons between O.J. Simpson and
Zimmerman — and their trials — cropped up. As a result, everyone in America should be outraged at
George Zimmerman who is selling the gun he says he used to kill Trayvon Martin as a trophy. He
finally found a website where he could do it, and the gun has gotten a lot of bids. Two were for $65
million. It seems likely that the bidding on UnitedGunGroup.com has been taken over by bogus
buyers. The first $65 million bid was made by "Racist McShootFace," according to the Associated
Press. It has since been taken down.
Zimmerman struggled to find a gun seller that would auction the 9mm pistol. He listed the Kel-Tec PF-
9 on UnitedGunGroup.com on Thursday
after another website, GunBroker.com, pulled out, saying it wanted "no part" in the sale of a firearm
whose use in the fatal 2012 shooting sparked a nationwide debate over race relations and "stand your
ground" laws. "We reserve the right to reject listings at our sole discretion, and have done so with the
Zimmerman listing," a Gunbroker.com statement read. "We want no part in the listing on our web site
or in any of the publicity it is receiving." UnitedGunGroup.com accepted the controversial auction
soon after.
George Zimmerman's Gun used 2/26/12
Posted by George Zimmerman Thu at 12:47 PM
Bid history: 1019 Bids I Latest Bidder: Craig Bryant
Deal Ends In
4d 21:07:06
Starting Price
Buy It Now Price
55.000.00
N/A
Your Max Bid
Current Price
65,039,000.00
(Enter 565,039,100.00 or up to $65,044,000.00
Although the listing was taken down Thursday night, the auction was active on Friday and had
received slightly more than 1,000 bids. In the listing, Zimmerman said he would use money from the
sale to counter violence against law enforcement officers by Black Lives Matter, a movement that grew
out of Martin's shooting. Proceeds would also go toward fighting Democratic presidential hopeful
Hillary Clinton's "anti-firearm rhetoric," Zimmerman said. The listing closed with a Latin phrase, "Si
Vis Pacem Para Bellum," that translates to "if you wish peace, prepare for war."
But this is not the first time that Zimmerman has done something ugly and reprehensible. The most
blatant example of this came last October when he retweeted a photograph of Trayvon Martin's slain
body. The original tweet read "Z-man is a one-man army." Following media outrage, Zimmerman
claimed he wasn't aware the tweet included a photograph. Racial conflict and firearms appear to be a
EFTA00695070
recurring theme for Zimmerman. Last August, he teamed up with Florida Gun Supply — a gun store
that had publicly declared itself a "Muslim-free zone" — to sell prints of a painting by Zimmerman
depicting a Confederate battle flag and the inscription, "The 2nd protects our 1st."
Controversy seems to follow Zimmerman so doggedly that this isn't even his first controversial
auction. In December 2013, he sold a painting of an American flag for $100,099.99, despite critics'
claims that it was "very primitive" and a "desperate cry for attention," Time reported. His follow-up
painting, named "Angie" after Angela Corey, the special prosecutor who was appointed by Florida Gov.
Rick Scott (R) to investigate the death of Trayvon Martin, didn't fare so well. It depicted Corey with
her fingers pressed against her thumbs and a caption reading, "I have this much respect for the
American judicial system." But he wasn't allowed to sell it because it was an exact replica of an
Associated Press photograph, the USA Today reported.
He's also been back in the courtroom several times since the Martin trial. Less than a month after his
acquittal, Zimmerman was pulled over for speeding, CNN reported. According to dashcam footage, he
allegedly had a gun on him and the officer said, "Don't play with your firearm, OK?" Later in 2013, he
was arrested and charged with felony aggravated assault for allegedly pointing a shotgun at his
girlfriend. The case was later dropped. Two years later, he was arrested again — this time for charges of
domestic aggravated assault for allegedly throwing a bottle of wine at his girlfriend — and again the
charges were later dropped. Finally, last May, Zimmerman was shot, receiving minor injuries, during a
dispute with a motorist named Matthew Apperson. In 2014, Apperson had called the police in a
different dispute, saying Zimmerman had allegedly threatened him by saying, "Do you know who I
am?" and "I'll f—ing kill you," according to Vox.
In August 2015 George Zimmerman went on a racist homophobic Twitter Tirade in the wake of the
double homicide of two Virginia reporters. He called the president "a baboon" in another tweet,
threatens violence against others, and called some users names like "cupcake." And for those who
were on the fence about whether or not Zimmerman was actually a racist, his Twitter feeds cleared up
any confusion, as well as he apparently hates gays too. But for him to auction the gun that he used to
murder an innocent 17 year-old black child as a trophy is one of the ugliest things that I have ever
witnessed. And if you don't think so — how would you feel if O.J. Simpson was proudly auctioning a
knife that he claimed he used to killed Nicole Simpson and Ron Goldman as a trophy?
and this is
my rant of the week....
WEEK's READINGS
Politics and social media: Chaos theory
How are social media changing democracy?
EFTA00695071
This is so sudden
Cumulative percentage of messages on social media
ttMi bee rovm
2014
2015
iferguson
,..,..
_
100
75
50
25
0
2074
2015
8 tack livesMa net
2014
2015
100
75
50
25
0
1114andsUpDontShoot
2014
2015
Son tom cal batuirce Has kcal *du Shape Caws. Amon. by I. Yawn, red
2014
2015
4.441xebcot
— !mite
1lEricGamer
100
75
25
0
1117-mitineath00
2014
2015
100
7S
SO
0
(con<
1:.(0111
Political scientists have long pointed out that social media make it easier for interests to organize: they
give voice and power to people who have neither. But research into another effect has only just begun:
social media are also making politics and collective action more "chaotic". Politics in this era is thus
better understood by chaos theory than by conventional social science,
Donald Trump may be unfit to be America's president, but he clearly is a master of social media. His
often outrageous tweets have earned the real-estate magnate-turned-politician more than 7m followers
on Twitter and the number is rising by about 50,000 every day. Additionally, most messages are seen
by millions more because they are forwarded thousands of times and get extensive coverage in
mainstream media.
Mr. Trump's campaign is thus proof of how important social media have become to politics and all
kinds of collective action. How is this changing democracy? And if he does win the Republican
nomination, it will be hard to tune him out. "How do you fight millions of dollars of fraudulent
commercials pushing for crooked politicians?" he tweeted in early March. "I will be using Facebook &
Twitter. Watch!"
If Ted Cruz, his fellow Republican, were to clinch the nomination, the campaign for America's
presidency would be quieter — but no less digital. Mr. Cruz's victory in the Iowa primaries was based
on effective number-crunching. He bombarded potential supporters with highly targeted ads on
Facebook, and used algorithms to label voters as "stoic traditionalists", "temperamental
conservatives" or "true believers" to give campaign volunteers something to go on. He also sent
official-looking "shaming" letters to potential supporters who had previously abstained from voting.
Under the headline "Voting Violation", the letters reminded recipients of their failure to do their civic
duty at the polls and compared their voting records with those of their neighbors.
Mobilization often explodes, seemingly at random, according to the authors, most of whom work at the
Oxford Internet Institute. Most online petitions, for instance, attract only a small number of
supporters. Surress does not depend on the subject matter — similar ones often fare quite differently
EFTA00695072
— but the personality of potential participants. Extroverts, for instance, are more likely to act because
they are sensitive to "social information": seeing that others have already signed and knowing that
their endorsement will be seen too.
As a result, if a petition's initial audience includes enough people with the right mindset, it can quickly
take off (see above chart). Politics in the age of social media are thus better understood by chaos
theory than by conventional social science. Collective action online is a bit like the weather: small
events can have a big impact. The book's intriguing conclusion: social media are making democracies
more "pluralistic", but not in the conventional sense of the word, involving diverse but stable groups.
Instead, the authors see the emergence of a "chaotic pluralism", in which mobilizations spring from
the bottom up.
One day, say the authors, it will be possible to predict, and perhaps even trigger such social-media
surges, in the same way that meteorologists have become good at forecasting the weather. The big
question is: who will be the political weathermen? Only two groups of actors are sure to have good
access to social-media data and enough resources to develop software to sift through them: one is
online giants, such as Facebook and Google, the other governments. So social media, like other forms
of technology, will cut both ways in politics: they are making societies more democratic, but will also
provide those in power with new tools of control.
The signal and the noise
Ever easier communications and ever-growing data mountains are transforming politics in unexpected
ways, says Ludwig Siegele. What will that do to democracy?
The way these candidates are fighting their campaigns, each in his own way, is proof that politics as
usual is no longer an option. The internet and the availability of huge piles of data on everyone and
everything are transforming the democratic process, just as they are upending many industries. They
are becoming a force in all kinds of things, from running election campaigns and organizing protest
EFTA00695073
movements to improving public policy and the delivery of services. This special report will argue that,
as a result, the relationship between citizens and those who govern them is changing fundamentally.
Incongruous though it may seem, the forces that are now powering the campaign of Mr. Trump — as
well as that of Bernie Sanders, the surprise candidate on the Democratic side (Hillary Clinton is less of
a success online) — were first seen in full cry during the Arab spring in 2011. The revolution in Egypt
and other Arab countries was not instigated by Twitter, Facebook and other social-media services, but
they certainly helped it gain momentum. "The internet is an intensifier," says Marc Lynch of George
Washington University, a noted scholar of the protest movements in the region.
In the course of just a few years digital technology has become an essential ingredient in any protest
movement. The Arab spring is just one example of how the internet has facilitated political
mobilization. Others include the civil unrest in Istanbul's Taksim Gezi Park, the Maidan protests in
Ukraine and the Umbrella Movement in Hong Kong, all in 2013 or 2014. In America the main
instances have been Occupy Wall Street in 2011 and more recently Black Lives Matter, a campaign
drawing attention to violence against African-Americans. In Europe, Spain's Indignados, an anti-
austerity coalition, in 2011 became the first big protest movement to make extensive use of social
media. Even Islamic State relies on its online propaganda and messaging apps, which allow the self-
styled caliphate to recruit new fighters and keep in touch with those on the ground.
However, this special report will argue that, in the longer term, online crusading and organizing will
turn out to matter less to politics in the digital age than harnessing those ever-growing piles of data.
The internet and related technologies, such as smartphones and cloud computing, make it cheap and
easy not only to communicate but also to collect, store and analyse immense quantities of information.
This is becoming ever more important in influencing political outcomes.
America's elections are a case in point. Mr. Cruz with his data savvy is merely following in the
footsteps of Barack Obama, who won his first presidential term with the clever application of digital
know-how. Campaigners are hoovering up more and more digital information about every voting-age
citizen and stashing it away in enormous databases. With the aid of complex algorithms, these data
allow campaigners to decide, say, who needs to be reminded to make the trip to the polling station and
who may be persuaded to vote for a particular candidate.
No hiding place
In the case of protest movements, the waves of collective action leave a big digital footprint. Using
ever more sophisticated algorithms, governments can mine these data. That is changing the balance of
power. In the event of another Arab spring, autocrats would not be caught off guard again because
they are now able to monitor protests and intervene when they consider it necessary. They can also
identify and neutralize the most influential activists. Governments that were digitally blind when the
internet first took off in the mid-1990s now have both a telescope and a microscope.
EFTA00695074
But data are not just changing campaigns and political movements; they affect how policy is made and
public services are offered. This is most visible at local-government level. Cities have begun to use
them for everything from smoothing traffic flows to identifying fire hazards. Having all this
information at their fingertips is bound to change the way these bureaucracies work, and how they
interact with citizens. This will not only make cities more efficient, but provide them with data and
tools that could help them involve their citizens more.
This report will look at electoral campaigns, protest movements and local government in turn. Readers
will note that most of the examples quoted are American and that most of the people quoted are
academics. That is because the study of the interrelationship between data and politics is relatively
new and most developed in America. But it is beginning to spill out from the ivory towers, and is
gradually spreading to other countries.
The growing role of technology in politics raises many questions. How much of a difference, for
instance, do digitally enabled protest surges really make? Many seem to emerge from nowhere, then
crash almost as suddenly, defeated by hard political realities and entrenched institutions. The Arab
spring uprising in Egypt is one example. Once the incumbent president, Hosni Mubarak, was toppled,
the coalition that brought him down fell apart, leaving the stage to the old powers, first the Muslim
Brotherhood and then the armed forces.
In party politics, some worry that the digital targeting of voters might end up reducing the democratic
process to a marketing exercise. Ever more data and better algorithms, they fret, could lead politicians
to ignore those unlikely to vote for them. And in cities it is not dear that more data will ensure that
citizens become more engaged.
When the internet first took off, the hope was that it would make the world a more democratic place.
The fear now is that the avalanche of digital information might push things the other way. Viktor
Mayer-Schonberger, a data expert at the University of Oxford, sums up the problem: "Data are mainly
helping those who already have information power." And for those who don't, the chaos of the
manipulation of the information highway
******
Here's How Electric Cars Will Cause the Next Oil Crisis
A shift is under way that will lead to widespread adoption of EVs in the next decade.
EFTA00695075
With all good technologies, there comes a time when buying the alternative no longer makes sense.
Think smartphones in the past decade, color TVs in the 1970s, or even gasoline cars in the early loth
century. Predicting the timing of these shifts is difficult, but when it happens, the whole world changes.
It's looking like the 2020S will be the decade of the electric car.
Battery prices fell 35 percent last year and are on a trajectory to make unsubsidized electric vehicles as
affordable as their gasoline counterparts in the next six years, according to a new analysis of the
electric-vehicle market by Bloomberg New Energy Finance (BNEF). That will be the start of a real
mass-market liftoff for electric cars.
By 2040, long-range electric cars will cost less than $22,000 (in today's dollars), according to the
projections. Thirty-five percent of new cars worldwide will have a plug.
The Rise of Electric Cars
By 2022 electric vehicles will cost the same as their internal-
combustion counterparts. That's the point of liftoff for sales.
■ Prolate, an! i>aka
CUMULAMO son
WOmilionve045
400
300
200
100
Bectricv4
Mosel
6:00unt 10.351484 all
newvehicleeat
0
2019.19 17 18 19 20 21 22 •23 24 76 •26 77 •26'20 •30 717213 •34 •36'30 17 •38 79 WO
Sank DM COOS 10 ebeenbal Ne. ENVOI ?inane* WO:kw.
Bloorrlb♦rg~
This isn't something oil markets are planning for, and it's easy to see why. Plug-in cars make up just
one-tenth of 1 percent of the global car market today. They're a rarity on the streets of most countries
and still cost significantly more than similar gasoline burners. OPEC maintains that electric vehicles
(EVs) will make up just 1 percent of cars in 2040. Last year ConocoPhillips Chief Executive Officer
EFTA00695076
Ryan Lance told me EVs won't have a material impact for another 5o years—probably not in his
lifetime.
But here's what we know: In the next few years, Tesla, Chevy, and Nissan plan to start selling long-
range electric cars in the $30,000 range. Other carmakers and tech companies are investing billions
on dozens of new models. By 2020, some of these will cost less and perform better than their gasoline
counterparts. The aim would be to match the success of Tesla's Model 5, which now outsells its
competitors in the large luxury class in the U.S. The question then is how much oil demand will these
cars displace? And when will the reduced demand be enough to tip the scales and cause the next oil
crisis?
The S curve goes vertical
Web Link: http://www.bloomberg.convfeatures/201
f
First we need an estimate for how quickly sales will grow.
Last year EV sales grew by about 6o percent worldwide. That's an interesting number, because it's also
roughly the annual growth rate that Tesla forecasts for sales through 2020, and it's the same growth
rate that helped the Ford Model T cruise past the horse and buggy in the 1910s. For comparison, solar
panels are following a similar curve at around 5o percent growth each year, while LED light-bulb sales
are soaring by about 140 percent each year.
Yesterday, on the first episode of Bloomberg's new animated series Sooner Than You Think, we
calculated the effect of continued 60 percent growth. We found that electric vehicles could displace oil
demand of 2 million barrels a day as early as 2023. That would create a glut of oil equivalent to what
triggered the 2014 oil crisis.
Compound annual growth rates as high as 60 percent can't hold up for long, so it's a very aggressive
forecast. BNEF takes a more methodical approach in its analysis today, breaking down electric
vehicles to their component costs to forecast when prices will drop enough to lure the average car
EFTA00695077
buyer. Using BNEF's model, we'll cross the oil-crash benchmark of 2 million barrels a few years later
— in 2028.
Predicting the Big Crash
The amount of oil displaced by electric cars depends on when vehicle
sales take off. Here are three scenarios for rising EV sales.
— 60% arraaal growth
Currentrato ot adOlga0h
6 rorthco barrels of al per day
5
45% annual growth
30% azimut growth
OHM Cosecant
II growth continues at current rates.
4
Oil displacement would reach 2 nits
barrels per day—the size of Me current
3
cdut—as arty as 202a
2
0
Forecasted
crash
2016
2017
2018
2019
2020
2021
2022
2023
2024
2025
Source- Dais oorrpied by Blcorrtrwg
Bloomberg*
Predictions like these are tricky at best. The best one can hope for is to be more accurate than
conventional wisdom, which in the oil industry is for little interest in electric cars going forward. "If
you look at reports like what OPEC puts out, what Exxon puts out, they put adoption at like 2 percent,"
said Salim Morsy, BNEF analyst and author of today's EV report. "Whether the end number by 2040
is 25 percent or 5o percent, it frankly doesn't matter as much as making the binary call that there will
be mass adoption."
BNEF's analysis focuses on the total cost of ownership of electric vehicles, including things like
maintenance, gasoline costs, and — most important — the cost of batteries. Batteries account for a
third of the cost of building an electric car. For EVs to achieve widespread adoption, one of four things
must happen:
1. Governments must offer incentives to lower the costs.
2. Manufacturers must accept extremely low profit margins.
3. Customers must be willing to pay more to drive electric.
4. The cost of batteries must come down.
The first three things are happening now in the early-adopter days of electric vehicles, but they can't be
sustained. Fortunately, the cost of batteries is headed in the right direction.
EFTA00695078
It's All About the Batteries
Batteries make up a third of the cost of an electric vehicle.
As battery costs continue to fall, demand for EVs will rise.
Cost for NINumion battery packs
$12031:44 klowatt hour
1000
Yearly demand for EV bailor y power
800 caoawatt hours
600
800
01
Estimates
r
4
600
N
400
0
7
0
400
200
N'..
Cc,.
EStentted ran."
4.4O.i .e.
200
8 I
r 7
,
)
/
/
8
8
Acoal
0
/
r 8
8 /8
88
.',1:88
8078/
"" ff'
f
ft
2010
201$
2020
2026
2030
2010
2015
2020
3/26
2030
Soon INga 004nplkid by Bbccrateco Now from/ finance
Bloomberg
There's another side to this EV equation: Where will all this electricity come from? By 2040, electric
cars will draw 1,90o terawatt-hours of electricity, according to BNEF. That's equivalent to 1O percent
of humanity's electricity produced last year.
The good news is electricity is getting cleaner. Since 2013, the world has been adding more electricity-
generating capacity from wind and solar than from coal, natural gas, and oil combined. Electric cars
will reduce the cost of battery storage and help store intermittent sun and wind power. In the move
toward a cleaner grid, electric vehicles and renewable power create a mutually beneficial circle of
demand.
And what about all the lithium and other finite materials used in the batteries? BNEF analyzed those
markets as well, and found they're just not an issue. Through 2030, battery packs will require less
than 1 percent of the known reserves of lithium, nickel, manganese, and copper. They'll require 4
percent of the world's cobalt. After 2030, new battery chemistries will probably shift to other source
materials, making packs lighter, smaller, and cheaper.
Watch the video: The Peak Oil Myth and the Rise of the Electric Car
EFTA00695079
Web Link: http://bloom.bg/lOubYHH
Despite all this, there's still reason for oil markets to be skeptical. Manufacturers need to actually
follow through on bringing down the price of electric cars, and there aren't yet enough fast-charging
stations for convenient long-distance travel. Many new drivers in China and India will continue to
choose gasoline and diesel. Rising oil demand from developing countries could outweigh the impact of
electric cars, especially if crude prices fall to $20 a barrel and stay there.
The other unknown that BNEF considers is the rise of autonomous cars and ride-sharing services like
Uber and Lyft, which would all put more cars on the road that drive more than 20,000 miles a year.
The more miles a car drives, the more economical battery packs become. If these new services are
successful, they could boost electric-vehicle market share to 5o percent of new cars by 2040, according
to BNEF.
One thing is certain: Whenever the oil crash comes, it will be only the beginning. Every year that
follows will bring more electric cars to the road, and less demand for oil. Someone will be left holding
the barrel.
Tom Randall — Bloomberg Business — Feb. 25. 2016
******
Debunking Republican Health Care Myths
V7S
"Disaster." "Incredible economic burden." "The biggest job-killer in this country."
Central to the presidential campaigns of Donald Trump and Ted Cruz has been the claim that the
Affordable Care Act has been a complete failure, and that the only way to save the country from this
scourge is to replace it with something they design.
EFTA00695080
It's worth examining the big myths they are peddling about the Affordable Care Act and also their ill-
conceived plans of what might replace it.
Millions of people have lost their insurance: In January, Mr. Cruz claimed that "millions of
Americans" had lost their health insurance because of the health reform law. He even claimed to be
one of them, saying "our health care got canceled" because Blue Cross Blue Shield left the individual
market in Texas.
Insurers did stop offering some plans after the law took effect, including those that didn't provide
required benefits like maternity care or that charged higher premiums to older or sicker people. But
people with those plans had the opportunity to sign up for others. And over all, the law has drastically
reduced the number of Americans who lack health insurance. According to the Census Bureau, the
number of uninsured Americans dropped by 10 million between 2010, when the law passed, and 2014.
While critics said employers might stop offering health insurance because of the law, three million
people actually gained coverage through their employers between 2010 and 2014.
Incidentally, Mr. Cruz never lost his health insurance. Blue Cross Blue Shield did cancel his particular
plan, but it automatically moved him and his family to a new one. A Cruz spokeswoman said the
senator had been misinformed by his insurance broker.
Millions of people have lost their jobs: Mr. Cruz has called the Affordable Care Act "the biggest job-
killer in this country" and said "millions of Americans have lost their jobs, have been forced into part-
time work" because of it. This is false. The unemployment rate has fallen since the law took effect,
PolitiFact notes, as has the number of people working part time when they would rather work full
time. A 2015 study using data from the Current Population Survey found that the law "had virtually
no adverse effect on labor force participation, employment or usual hours worked per week through
2014."
Reduce costs by weakening state regulations: Mr. Trump frequently talks about his plan to "get rid of
the lines around the states" to foster competition among insurance companies. Customers in states
where insurance is heavily regulated, the thinking goes, would be able to save money if they could
purchase coverage from insurers based in states with fewer rules. Mr. Cruz, too, supports allowing
people to buy insurance across state borders — it's one of the few proposals he's offered for replacing
the health law if it is repealed.
But the biggest obstacle stopping insurers from setting up in more states is not regulation; it's the
difficulty of establishing a network of providers in a new market. And such a structure would destroy
the longstanding ability of states to regulate health insurance for their populations. Some states, for
instance, require coverage for infertility treatment and others have chosen not to. Allowing cross-
border plans would encourage insurers to base themselves in low-regulation states, and the result
might be a proliferation of poor-quality plans.
The Affordable Care Act is not perfect. Premiums for plans on the exchanges rose between 2015 and
2016 and are likely to rise again next year. A few insurers have left the exchange market, raising
EFTA00695081
concerns in some quarters that more companies might follow.
But the law has helped millions of Americans, especially low-wage workers like cashiers, cooks and
waiters who previously struggled to pay for coverage. In inventing problems that don't exist and
proposing solutions that won't help, Donald Trump and Ted Cruz show that they don't care about
helping Americans get health care, which has never been their interest. They want to trash the
Affordable Care Act, and they're willing to mislead the public any way they can.
THE EDITORIAL BOARD - APRIL 19, 2016
Are You Eating Sushi The Wrong Way?
Because there's a right way to eat sushi, and it doesn't involve chopsticks
As someone who loves Japanese food, especially sushi, and have been eating it since the 196os, it was
interesting to find out that I have been eating it the wrong way. Therefore, if you're not a whiz at using
chopsticks and find eating sushi embarrassingly cumbersome, here's some news that should brighten
your day: You're not supposed to eat sushi with chopsticks anyway. You're supposed to eat sushi with
your hands.
That's right, friends. Put those chopsticks down and get your hands dirty — or fishy, or something.
Only sashimi is meant to be eaten with chopsticks. Nigiri sushi, where the fish comes on top of the
rice, or rolls, can — and should, according to masters like Naomichi Yasuda — be eaten by hand. "Just
be sure to wash your hands first," David Geld, director of the documentary Jiro Dreams of Sushi,
advises.
EFTA00695082
To take things a step further and ensure you're eating this Japanese staple as properly as possible,
there are a couple other guidelines as well. One: Dip the fish into the soy sauce, not the rice. Rice will
absorb too much of the soy sauce, leaving you with an overly salty bite, and one that might disintegrate
before reaching your mouth. (Something that I usually don't do.) Two: "The fish should touch the
tongue first," sushi master Koji Sawada says — (Something else I didn't know.) And three: Eat sushi
in one bite; don't try to bite it in halt (Something that I try to do.) And if eating this simple food
sounds like it got a lot more complicated with all these rules, just remember: You now have
permission to eat with your hands. And it doesn't get any easier than that.
THIS WEEK's QUOTE
Take away the right to say "fuck" and you take away the right to say "fuck the government."
Lenny Bruce
THIS IS BRILLIANT
There Should Be More To Life Than Work
No Matter What Your Employer says
EFTA00695083
Web Link: https://www.facehook.com/reggie.hudlin/posts/1282544255106624
THINK ABOUT THIS
American stand-up comedian, social critic, satirist, and screenwriter —
Lenny Bruce
Are there any niggers here tonight? Could you turn on the house lights, please, and could the waiters and
waitresses just stop serving, just for a second? And turn off this spot. Now what did he say? "Are there any
niggers here tonight?" I know there's one nigger, because I see him back there working. Let's see, there's
two niggers. And between those two niggers sits a kyke. And there's another kyke— that's two kykes and
three niggers. And there's a spic. Right? Hmm? There's another spic. Ooh, there's a wop; there's a polack;
and, oh, a couple of greaseballs. And there's three lace-curtain Irish micks. And there's one, hip, thick,
hunky, funky, boogie. Boogie boogie. Mm-hmm. I got three kykes here, do I hear five kykes? I got five
kykes, do I hear six spies, I got six spies, do I hear seven niggers? I got seven niggers. Sold American. I
pass with seven niggers, six spies, five micks, four kykes, three guineas, and one wop. Well, I was just
trying to make a point, and that is that it's the suppression of the word that gives it the power, the violence,
the viciousness. Dig: if President Kennedy would just go on television, and say, "I would like to introduce
you to all the niggers in my cabinet," and if he'd just say "nigger nigger nigger nigger nigger" to every
nigger he saw, "boogie boogie boogie boogie boogie," "nigger nigger nigger nigger nigger" 'til nigger
didn't mean anything anymore, then you could never make some six-year-old black kid cry because
somebody called him a nigger at school.
EFTA00695084
- From Julian Barry's screenplay for "Lenny
BEST VIDEO OF THE WEEK
Osho explains the word 'fuck."
One of the most interesting words in the
Web Link: https://www.facebook.comitabreez.verjee/posts/10153634023708918
OSHO - BHAGWAN SHREE RAJNEESH
Funny.... Funny.... Funny....
THIS WEEK's MUSIC
Gato Barbieri
EFTA00695085
This week you are invited to enjoy the music of the Latin Jazz Trailblazer, Leandro Barbieri
(November 28, 1932 - April 2, 2016), known as Gato Barbieri (Spanish for "the cat" Barbieri) —
an Argentine jazz tenor saxophonist and composer who rose to fame during the free jazz movement in
the 196os and is known for his Latin jazz recordings of the 1970s.
Born to a family of musicians, Barbieri began playing music after hearing Charlie Parker's "Now's the
Time". He played the clarinet and later the alto saxophone while performing with the Argentinean
pianist Lalo Schifrin in the late 1950s. By the early 1960s, while playing in Rome, he also worked with
the trumpeter Don Cherry. By now influenced by John Coltrane's late recordings, as well as those from
other free jazz saxophonists such as Albert Ayler and Pharoah Sanders, he began to develop the warm
and gritty tone with which he is associated. In the late 196os, he was fusing music from South America
into his playing and contributed to multi-artist projects like Charlie Haden's Liberation Music
Orchestra and Carla Bley's Escalator Over The Hill. His score for Bernardo Bertolucci's film Last
Tango in Paris earned him a Grammy Award and led to a record deal with Impulse! Records.
By the mid-705, he was recording for A&M Records and moved his music towards soul-jazz and jazz-
pop with albums like Caliente! in 1976 (including his best known song, Carlos Santana's Europa) and
the 1977 follow-up, Ruby, Ruby, both produced by fellow musician and label co-founder, Herb Alpert.
Although he continued to record and perform well into the 1980s, the death of his wife Michelle led
him to withdraw from the public arena. He returned to recording and performing in the late 199os
with the soundtrack for the film Seven Servants by Daryush Shokof (1996) and the album Que Pasa
(1997), playing music that would fall more into the arena of smooth jazz. In November 2009 Barbieri
received the UNICEF Award at the Argentinian Consulate.
As fans posted upon hearing Barbieri's death — A great loss to the musical world, the Latin community
and mankind!! What a talented and compelling sound this man made come from a Brass Tenor
Horn!! Truly the courts in Heaven welcomed him home to congratulate him for the pleasure and joy
he brought to so many of his human brothers and sisters. This man rocked!! Gato Barbieri age 83,
magnifico... So gifted
Your music will delight the angels. ....Thank you Gato. RIP" With this said
you are again invited to enjoy the music of one of my personal favorite musicians Mr.
Gato Barbieri....
EFTA00695086
Gato Barbieri
Gato Barbieri
Gato Barbieri
Gato Barbieri
Gato Barbieri
Gato Barbieri
Gato Barbieri
Gato Barbieri
Gato Barbieri
Gato Barbieri
Gato Barbieri
Gato Barbieri
Gato Barbieri
Gato Barbieri
- Last Tango in Paris -- hups://youtu.beLuQNkFmgyz1
- Ruby, Ruby -- https://youtu.be/eyhd3H3zLHs
- Que Pasa
https://youtu.be/snAYoxBGcms
- Dancing With Dolphins -- https://youtu.be/NJtVt4Q98QM
— She Is Michelle -- https://youtu.be/G0SZ4rE-QJo
— I Want You -- https://youtu.be/776I2WGAtCE
- Fiesta -- https://youtu.b%XHjQyNcbYs
- The Woman I Remember
https://youtu.be/lw2O0FTujGM
- Mystica
https://youtu.be/nmcEGEIFMqo
- Caliente! -- https://youtu.be/mw9igcxEOHw
- Straight Into The Sunrise -- Intps://youtu.be./5HVRh31cN0c
- Cause We've Ended As Lovers -- https://youtu.be/X7w2WFufE3M
— Milonga Triste
https://youtu.bet-vKzaolTvl
- Blue Gala -- https://youtu.beinFwRIv8d7ug
Gato Barbieri — Live at SOB'S -- https://youtu.be/ijQXeHnnIMI
Gato Barbieri
Gato Barbieri
Gato Barbieri
Gato Barbieri
- Merceditas
https://youtu.be/YZxiL5gdmjc
— Gods and Astronauts -- https://youtu.be/dwwCzcSEbV8
— Cause We've Ended as Lovers -- https://youtu.be/41GV4MP84RU
- Butterfly -- https://youtu.be/dwyNhgf06tM
Gato Barbieri & Carlos Santana — Europa -- https://youtu.be/h4MrpowuSwk
I hope that you enjoyed this week's offerings and wish you and
yours a great week
Sincerely,
Greg Brown
EFTA00695087
Gregory Brown
Chairman & CEO
GlobalCast Panne'. LLC
EFTA00695088
Document Preview
PDF source document
This document was extracted from a PDF. No image preview is available. The OCR text is shown on the left.
This document was extracted from a PDF. No image preview is available. The OCR text is shown on the left.
Extracted Information
Dates
Email Addresses
Document Details
| Filename | EFTA00695057.pdf |
| File Size | 3151.8 KB |
| OCR Confidence | 85.0% |
| Has Readable Text | Yes |
| Text Length | 73,764 characters |
| Indexed | 2026-02-12T13:44:14.705533 |