• Professor Elam

    Sunday Feb 12, 2012

    Tucked away on page A3 was this nugget today in the SA Express News

    The President of Guatemala will propose legalizing the transportation of drugs through Central America in a meeting with regional leaders this week. 

    The enlightenment gets better. "I would not be a crime to transport or move drugs. It would all have to be regulated.' 

    Translation – taxed, that way the druggies can stop fighting the military, pay the toll and certainly pass it on to the user. 

    Now turn ot page A 17. 

    Marijuana Taxes Help Cities, States

    Oakland CA will double the number of marijuana dispensaries hoping to improve on the $1.4 M in taxes it collected last years. Now the good part

    This is general rund revenue it all goes in the melting pot, said the city's tax and revenue administrator. 

    Gee was that an intentional pun?

    FDR finally gave up on Prohibition rationalizing it could be a revenue source during hte dperession. The Failed war on drugs will end the same way. 

  • Professor Elam

    Sunday Feb 12, 2012

    Screen shot 2012-02-12 at 11.38.27 AMNo coubt some of you think I am just going on about socionomics, and how social mood shapes our perceptions. Well hw about, yes, Abraham Lincoln, Vampire Hunter?

    As Dave Barry says, I can't mae this stuff up…

    There is a good column in today's Express News about how te view of Lincoln changes with the times. It is apparently not on the internet so no link.

    The 1940s adn 50s saw Lincoln as a traditional post war hero. That puts him right there with Ike as the one who won the War. that is to be expected. 

    By the 60s and 70s he was a counter culture figure in WE Can Build You. Then he was a cyborg struggling to live in a world cominated by rapacious capitalism, really.

    Speilberg will have a film viewing him through the prism of political genius. 

    But with vampires on the loose in bookstores and theaters and tv, go figure, now presumably he is armed with a hammer and wooden stake….

    Hey no kidding, this movie has a $70 M budget,

  • Professor Elam

    Sunday Feb 12, 2012

    The McNay has an Andy Warhol Exhibit.  Go by and take a look. Was Warhol an artist, or a very clever promoter?  Most of the art looks like a photo graph which was lightly re touched with some paint. 

  • Professor Elam

    Sunday Feb 12, 2012

    One of my former students Joseph Cohen has become a successful artist. He was an excellent accounting and finance student but even better as an artist. 

    I introduced cinema as an art form Saturday Night at the movie. We will be integrating more comments about art adn design, already a theme here, in the future. Come to think of it, has anyone seen the Andy Warhol Exhibit?

  • Professor Elam

    Sunday Feb 12, 2012

    For a look at how our government has cheapened the currency check out these views of the 

    1934 Montgomery Ward Catalog.

     

  • Professor Elam

    Sunday Feb 12, 2012

    I see that Whitney Houston, 48,  died at the Beverly Hills Hotel. She peaked with her movie The Bodyguard and it's been a downhill slide ever since. 

    One of the teams in Ethics class is writing  a Case Study on Michael Jackson's 'doctor, an enabler for bad habits if there ever was one.   Last week Demi Moore was rushed to the hospital for an apparent over does, she was lucky. 

    It's a long list. Humphrey Bogart had a May December marriage with Lauren Bacall. He was a devoted husband and father, not the frequent Hollywood marriage. He loved sailing. But he died of lung cancer via his cigarette habit. Ditto John Wayne and Edgar Murrow. 

    Elvis was a mere 42 years old and had but $2 million in the bank at his death. Jim Morrison, Jimi Hendrix, Janis Joplin, John Belushi, all gone and that's just off the top of my head on Sunday morning. Happily Brittney Spears Dad apparently got her on track and Robert Downey Jr. came to his senses, both careers doing much better now. Lindsey Lohan does not get it. 

    Are we our brother and sisters keepers?  

  • Professor Elam

    Sunday Feb 12, 2012

    I introduced cinema as an art form Saturday evening. We then viewed The Paper Chase.It has been a while since I watched the entire movie. I do have several specific thoughts. Well other than gee we wore our hair long then. 

     

    But I will withold all that. My students can post on BB as well as here. Other TAMUSA students are as always more than welcome to post their comments here on the blog.

  • Professor Elam

    Sunday Feb 12, 2012

    Apparently story telling has fallen out of fashion in the middle and high school years. I find that few to no students know the story of the Six Blind Men and the Elephant.  That is the original story about Point of View.

    Screen shot 2012-02-12 at 7.00.30 AMNow I find that most of you have not read about The King's New Clothes.  No, not the King's Speech, the recent successful movie. Rather this is a 1837 story about hypocrisy, snobbery, and con men. 

    New tailors come to town and convince the king he needs a complete new wardrobe. Snobbery is such that even though they do nothing, all adore the new outfit. Finally a small child speak out to reveal the obvious-the King has no new clothes. This sort of ignoring the obvious amid the reluctance to ask hard questions goes on right to today. 

    Toyota stops Tundra production 3 months after the start.

    The Briscoe museum goes form $16 M to $30M.

    The new Perfomring Arts Center costs $195 M while the SA Symphony is in dire straits. 

    Corzine cannot find $1.6 B in his own fund, some genius money manager eh?

    Barry Minkow stikes again, surprise!

    And so it goes. 

    The reluctance to tell the truth can take on truly disastrous consequences. After the Battle of Midway the Japanese lost control of hte Pacific Ocean. And so the fighting slogged on across the islands they had captured. Fearful of criticism from the Japanese High command, reports from the battlefields of casualties, enemy planes shot down, ships sunk, etc. were highly inflated. The result was that Tokyo had a false picture of the war. They were losing and did not know it.

    Here is the detailed story of the reluctance of Japan to face the obvious and end the destruction of their homneland.  In short, after two atomic bombs, some of the Japanese military still apparentntly thought they had a chance.

    But the King had no new clothes. 

     

  • Professor Elam

    Sunday Feb 12, 2012

    I erred in previewing the movie Adrian Guardia will show in April. It is not Stand by Me but 

    Screen shot 2012-02-12 at 5.39.07 AMStand and Deliver. This is the story of teacher in a drop out prone school district. He convinces his students to stay and study, yes, calcuus. 

     

    Join Adrian April 14, it beats doing your taxes for sure!

  • Professor Elam

    Saturday Feb 11, 2012

    A few articles of note in the Weekend WSJ

    Page  A 11 – Art Laffer notes states are leading a pro growth rebellion. We viewed On the Waterfront in the Ethics class, the Dems have sided wtih unions for this election when union membership is smaller and Indiana just passed a RTW law…

    A 13 HOman Jenkins looks at the DMND fraud – gee we mentioned this here a few posts back

    A12, the WSJ editorial notes that the Fed Govt is now mandating insurance companies have to offer coverage for free, no mandate for that

    A 13 Peggy Noonan, former speechwriter for Regan, notes Romney shows no emotion, or as Robert Novak boserved the last time around, Romney is too 'plastic'

    B 3 the diamond market weakens, isn't someone writing onBlood Diamond – here is an early sign of the collapse to come

    B4 A related article, China improrts fewer commodities,price fall, the collapse is coming!

    B 13 Insider Trading, it never Left!  Den of Theives described the insider trading of Dennis Levine and Ivan Boesky which became the baiss for Wall Street the movie. Well the more fallout from the Galleon Deal, insider trading in Google. Does anyone need inside information to make money in google?

    B18 Clearbrook OIl is $70, not $95, hmm a canary in the coal mine?

    C3 Time to Cash Out?  We are studying cash in Acct 3311, take note!

    See previous post about good writing and Dan Neil