There is an excellent opinion piece in the Wall Street Journal this morning written by Fay Vincent, former baseball commissioner.  He discusses his earlier experiences while working in the Securities and Exchange Commission and reviewing the reports of corporate executive perks.

The theatrics we observed during the recent automobile executives' testimony only serves to remind us of the 'classes' that exist in our society.  That was very effective as a tool to embarrass the executives, but it played a spotlight on what, to me, is at least as serious a problem as are corporate jets in our present economic situation.

Mr. Vincent also tagged our elected representatives for the perks they have given themselves over the years.

Two things jumped out:

• Elected officials have a fleet of military 'executive' jets awaiting their needs and stationed at Andrews Air Force base near the capitol.  Not many of them has ever likely flown on commercial flights when they go abroad on their junkets.  Nancy Pelosi was taken to task for her reported use of military jets to fly her home from Washington, D.C. to California.  She was angry that she didn't get as good a jet as she thought she deserved.  Hers had to stop to re-fuel and that was apparently an unbearable delay. 
• How many members of the House of Representatives and of the Senate have flown on those very same corporate executive jets when on their way to 'speaking' engagements or some other junket?

At least the corporate executives are taxed on the perks they receive.  I don't recall that is the case for our elected representatives when they fly on a military flight or use other perks they've managed to create for themselves like a gymnasium. 

Our elected officials supposedly are required to reimburse for the costs incurred if they fly on corporate aircraft, but I suspect there are some methods employed to assure that they remain 'whole', such as through an increase in speaker fees to offset any out-of-pocket expense that might have been incurred.

We have an 'elected' class and a 'rest of us' class.

The Journal Sentinel released its report for the latest period and the news was a continuation of the trend that has been apparent for many newspapers nationwide.

The Sunday edition dropped 3.8% and the weekday edition dropped 3.9%.  My family has become one of those that dropped the weekday edition at our renewal a week or so ago.  I now find my daily news using JSOnline during the day and settle in with a lap full of newspaper on Sundays.  I have had the tactile sensation of a newspaper in my hands for nearly so long as I can remember, and I confess that I miss that experience.  As stated in a much earlier Blog, I delivered the La Crosse Tribune for several years while growing up near that city so I'm accustomed to having smudged fingertips from the newsprint.

I was frankly surprised during a recent meeting of Bloggers when I asked the group nearest me about their subscriptions.  I was in the minority since most had already dropped their print editions.

The newest iteration of JSOnline is improved and more easily navigable from my perspective.  I suspect that more and more people will make the decision to discontinue their daily print edition.  The users of JSOnline continue to increase and the new version should assist that migration...if that is desired by the Journal Sentinel organization.  They find themselves in a bit of a fix.  On the one hand, they want to be in a leadership position as the shift continues.  On the other hand, they need to find ways to boost their revenue stream to offset the loss of subscription money and advertising dollars, and the advertising doesn't seem to have kept pace with the shift from print to electronic media.  Part of that is obviously about the economy, but to what effect may be hard to measure.  If GM and Ford and Chrysler continue to become shadows of themselves, and if their major dealers either go out of business or downsize, advertising dollars will get more and more scarce.

I believe that much of this movement has been driven by the rising prices caused in large part by the price of oil and all things related.  Newsprint is among the real cost increase issues for publishers.  That goes away when printed newspapers are no longer printed.  The leap from the historic "paper", though, is not assured to be successful; we see the struggles of the majority of publishers across our nation.  Those that have significantly diversified, as has the Journal Sentinel organization, should have a better outlook as this migration continues, but nothing is certain in today's economy.

People costs are also a significant factor and we've seen the staff cuts that have been made a couple of times so far.  I suspect there is little if any fat left, so that future cuts will be felt in the overall quality of the effort.  There are those who would claim that is already an issue and that this may be hastening the outflow of subscribers.

Milwaukee is by no means an isolated phenomenon in this regard.  The New York Times and the Los Angeles Times both saw continuing declines.  The old stalwart "Christian Science Monitor" has just announced that it is going to end publishing a print paper by next April.  There will be many more casualties before this storm has calmed.

If you've watched the Fox News Channel chances are good that you've seen Judge Andrew Napolitano, the dapper and perpetually happy senior judicial analyst for Fox News.  He has written a piece titled "Most Presidents Ignore The Constitution" that appears on the Opinion page of today's Wall Street Journal.

He writes about the 2001 Public Radio interview of Barack Obama where Obama was lamenting that the civil rights movement had become too 'court centered' and therefore failed to cause 'reparations' for past abuses.  That, of course, serves as quite a bombshell so far as future implications if he is elected and presuming he has the same thoughts today that he held then.

I thought, however, that the balance of the opinion piece was quite interesting as Judge Napolitano discussed how the majority of presidents of our country have ignored the Constitution and forged ahead as they desired.  Roosevelt caused agriculture to be subjected to a "Soviet-style central planning" process and rejected arguments that this was unconstitutional.  Roosevelt said that the Constitution was "quaint" and that it was written in the "horse and buggy days" and predicted that the public and the courts would agree with him according to Napolitano's article.

Napolitano cites that Jefferson, Jackson and Cleveland were the exceptions he recalled who didn't ignore the Constitution.

As we move into the next presidency, regardless of who wins, I'll have to remind myself that most have ignored our Constitution whenever I feel the current President has crossed the line.  He probably will have crossed the line, and appears to have had a lot of company over the history of our country.

We have survived even with the intentional ignoring of our Constitution...but it doesn't seem right no matter who ignores that document.  Where will it end, if it ever will end?

I received an e-mail containing the following quotations and thought it simply had to be in front of as many readers as possible as we approach perhaps the most important election in my lifetime.  Much food for thought follows:

• Suppose you were an idiot.  And suppose you were a member of Congress, but then I repeat myself.---Mark Twain
• I contend that for a nation to try to tax itself into prosperity is like a man standing in a bucket and trying to lift himself up by the handle.---Winston Churchill
• A government which robs Peter to pay Paul can always depend on the support of Paul.---George Bernard Shaw
• Democracy must be something more than two wolves and a sheep voting on what to have for dinner.---James Bovard, Civil Libertarian (1994)
• Foreign aid must be defined as a transfer of money from poor people in rich countries to rich people in poor countries.---Douglas Casey, classmate of Bill Clinton at Georgetown
• Giving money and power to government is like giving whiskey and car keys to teenage boys.---P.J. O'Rourke, Civil Libertarian
• Government is the great fiction, through which everybody endeavors to live at the expense of everybody else.---Frederic Bastiat, French Economist (1801-1850)
• Government's view of the economy could be summed up in a few short phrases: If it moves, tax it.  If it keeps moving, regulate it.  And, if it stops moving, subsidize it.---Ronald Reagan (1986)
• I don't make jokes.  I just watch the government and report the facts!---Will Rogers, Humorist (1879-1935)
• If you think health care is expensive now, wait until you see what it costs when it is free.---P.J. O'Rourke
• In general, the art of government consists of taking as much money as possible from one party of the citizens to give to the other.---Voltaire (1764)
• The inherent vice of capitalism is the unequal sharing of the blessings.  The inherent blessing of socialism is the equal sharing of misery.---Winston Churchill (1874-1965)
• What this country needs are more unemployed politicians.---Edward Langley, Artist (1928-1995)
• A government big enough to give you everything you want, is strong enough to take everything you have.---Thomas Jefferson, Virginia Patriot (1743-1826)

 Some things, it seems, never change.

Conservatives are accustomed to being involved in 'come from behind' situations and many of those, I submit, are created by the media.

For those of you seeking a decent piece on media double standards, I invite you to read the Human Events opinion piece by Patrick J. Buchanan titled Camp Followers.

~~~~~~~~~~

Then we have the debate concerning experience over hope with hope appearing to be ahead at this point in the race.  Charles Krauthammer has done a good job on his Washington Post opinion piece, McCain for President.

~~~~~~~~~~

Finally a cute little item that you may've seen before:

A woman in a hot air balloon realizes she is lost.  She loses altitude and spots a man fishing from a boat below.

She shouts to him, "Excuse me, can you help me?  I promised a friend I would meet him an hour ago, but I don't know where I am."

The man consulted his GPS unit and replied, "You're in a hot air balloon, approximately 30 feet above the ground at an elevation of 2,346 feet above sea level.  You are at 31 degrees 15 minutes north latitude and 100 degrees 49 minutes west longitude."

She rolled her eyes and said, "You must be a Republican".

"I am", replied the man.  "How did you know?"

"Well", she answered, "everything you tell me is technically correct, but I have no idea what to do with your information, and I'm still lost.  Frankly, you're not much help to me."

The man smiled and responded, "You must be a Democrat".

"I am", replied the woman.  "How did you know?"

"Well", said the man, "You don't know where you are or where you're going.  You've risen to where you are, due in large part to hot air.  You made a promise that you have no idea how to keep, and now you expect me to solve your problem.  You're in exactly the same position you were in before we met, but, somehow, now it is my fault."

The following words are variously attributed to both Abraham Lincoln and to Rev. Wm. J.H. Boetcker (circa 1916).  Without debating from whom they flowed, I thought it very important that these be shared during this particularly important election season.

You cannot help the poor by destroying the rich.

You cannot strengthen the weak by weakening the strong.

You cannot bring about prosperity by discouraging thrift.

You cannot lift the wage earner up by pulling the wage payer down.

You cannot further the brotherhood of man by inciting class hatred.

You cannot build character and courage by taking away men's initiative and independence.

You cannot help men permanently by doing for them what they could, and should, do for themselves.

Powerful words and powerful thoughts, indeed!

Lincoln's 200th birthday will see new 2009 pennies issued.  That raises the question as to why we still have pennies.  Is it to weigh down a lady's purse or cause a man's pocket to bulge and jingle?  Is it to fill all those glass jars in which people collect their unused pennies?

A Cox News Service article by Chris Megerian discussed some of the facts regarding pennies.

In answer to the question posed in the headline, a penny minted in 2007 cost 1.7 cents but the U.S. Mint has gotten that cost down to about 1.4 cents today.

A penny in 1857 had the buying power that a quarter has today.  I've not seen anything in recent memory that could be purchased for a penny, and I probably wouldn't want it if it were only a penny.  On the other hand, I used to covet pennies because, as a kid, I could buy all kinds of candy at the corner grocery store with a few pennies!

It seems to me that we have outlived the usefulness of the penny.  It should be eliminated and we should simply re-price things and round up or down to the nearer nickel.  There used to be a half-penny but that was eliminated in 1857.  We really ought to 'get with it' and make this happen.

There have been attempts in Congress in both 2002 and in 2006 to eliminate the penny, but both attempts failed.  The U.S. Mint produced 7.4 billion pennies last year.  At a cost of 1.4 cents each, that comes to over $103 Million if my long-hand math hasn't been lost completely.

I know that doesn't sound like much to our members of Congress, but it sounds like a whole lot to me!  Especially for a coin that we simply don't have to have.

Cigarette Taxes...

The state raised cigarette taxes to $1.77 per pack and promptly budgeted/spent all the new money that would bring in.  The only problem is that this 230% increase in the tax rate only generated a 48% increase in the tax money received!  Now, we're stuck with a lot of people circumventing the tax entirely by buying cigarettes out-of-state or over the Internet.  And, we have added to an already staggering budget shortfall.

Makes a lot sense, huh?

~~~~~

Clean Air Act Gone Wild...

One of my favorite agencies, the EPA, has decided that it now has free rein over so-called greenhouse gases.  This came to pass as the result of a 'namby-pamby' U.S. Supreme Court decision last year that didn't go quite far enough to ward off this rampant agency.  EPA has now released its Advanced Notice of Proposed Rule-making, an ANPR in the jargon, and this is astonishing.  EPA would regulate airplanes, trains, ships, boats, tractors, farm and mining equipment, lawn mowers, garden equipment, portable power generators, fork lift trucks, construction equipment and logging equipment.

EPA estimates that more than 500,000 new permits will be required.  Among the supposed new requirements are these:

• Lawn mower standards:  "...each application could require a different unit of measure tied to the machine's mission or output-such as grams per kilogram of cuttings from a 'standard' lawn for lawn mowers."
• Truck speed standards:  "Speed limiters are generally available on new trucks or as a low cost retro-fit..."
• Single family homes become polluters:  "...we believe that small commercial establishments...and indeed, a large single-family residence could exceed this [CO2 pollution] threshold."

All of this means that our taxes go up exponentially since the EPA will be forced to grow staff and facilities to handle this new found mission.  And, it means that we'll all pay more for products and services.

And, none of this was ever the intent of Congress nor has it had the opportunity to inject itself to this point.

~~~~~

Compact Fluorescent Bulbs...

Regular, nice old incandescent light bulbs (starting with 100 watt bulbs) become illegal to manufacture in 2012.  The National Center for Policy Analysis (NCPA) points out that this means we can forget about spending 20 cents or so for the old bulb while buying the new CFLs for something on the order of $3.00+ (remember that these are usually subsidized today).

While CFLs save energy, they have costs associated with them that make all this really questionable:

• The average lifetime is not 10,000 hours, but "up to 10,000 hours"
• The energy savings and lifetime of CFLs has been exaggerated in some applications
• The CFL only achieves the claimed efficiency if burned continuously for long periods
• If left on for only 5 minute periods, the CFL will burn out just as fast as an incandescent bulb
• CFLs dim over their lifetime and do not deliver what is promised

And, we're adding mercury to the environment which supposedly will be handled by proper disposal.  Yeah, sure!  How many of us has disposed of a burned out CFL improperly already?  How is that ever going to be policed?

~~~~~

Clean Water Restoration Act...

The EPA is back again.  The original Clean Water Act of 1972 had gotten to be very broadly interpreted under various EPA rulings.  "Navigable waters" had morphed into isolated wetlands, dry lake beds and drainage ditches, for example.  Now, two Democrat members of Congress have introduced the bill named in the title.  It would replace the phrase "navigable waters" with the phrase "waters of the United States"  This means "all waters subject to ebb and flow of the tide, the territorial seas, and all interstate and intrastate waters and their tributaries, including lakes, rivers, streams (including intermittent streams), mudflats, sloughs, prairie potholes, wet meadows, playa lakes, natural ponds and all impoundments of the foregoing".  Reason magazine, August/September 2008

If this bill were to pass in its current state, it would very likely result in massive new regulations for boaters, fishermen, hunters, and even conservationists.  This act would leave it to the courts to decide what constitutes "waters of the United States".

Thanks to Ronald Bailey for writing the article "Feds in a Fishbowl" in Reason.

~~~~~

Anti-Meat Campaign...

Finally, from the Heartland Institute, this on global warming activists' latest efforts.  They are launching new efforts to restrict meat production and consumption, building on prior efforts to restrict various agriculture activities that supposedly would reduce 'greenhouse gases'.

More on this can be found on the worldchanging.org website.

If we continue to have a ban on drilling more oil, we won't be able to buy meat anyway, so maybe this isn't as bad as I first thought.

Maybe we really do have too many crackpots in Congress...or too many people are being paid through campaign contributions and don't have the commonsense necessary to sort out the good from the crazy.

Oregon has had government involved in health care for quite a few years.  The state electorate also approved the concept of state sanctioned suicide several years ago.

Recently, the board that reviews the medications that are approved for state residents made a determination that was controversial...in my mind if no where else.  The board, in essence, said that, given the cost of a certain medication, it would approve suicide for this patient but would not approve use of the medicine given its relative newness and the lack of convincing data as to the outcome.  It had essentially set a price on the human life involved.

Today I read the story concerning Denver Children's Hospital and heart transplants in infants that use the heart from another infant that died a 'cardiac-related death'.  This differs from a heart harvested from a brain-dead infant in which that heart is beating until removed from the donor body.  A decision has been made that the donor that has been pronounced dead and has been in that state for only 75 seconds, is a valid heart donor for purposes of this new program.  The earlier line that had existed required death be determined only after some five minutes during which time the heart did not re-start itself.  In this instance, the length of time a person had been deemed 'dead' had been reduced to assure that the harvested heart had a decent chance of functioning in the new body.  The three cases in which this approach has been employed resulted in three infants alive today.  The decisions to withdraw life support were made by the parents in all three instances.

We know so much more today than we did a decade ago.  We can do things from a medical perspective that were impossible then, and these procedures have become commonplace now.  We are, in this area, pushing the envelope as it has never before been pushed.

I know there are at least two sides to these issues.  I have good friends whose daughter lives today because of transplanted organs that were available on a timely basis.  I can't even begin to comprehend being placed in the middle of such decisions, and I earnestly hope that never befalls me.

And this leads to my general question:  Is there a line we dare not cross?  If so, where is or was that line?  Am I comfortable with an appointed board making life and death decisions about me?  Who among us can claim the right to make such a decision?  How do medical ethicists deal with these kinds of issues?

I don't profess to have the answers to these questions.  If you do, and you're willing to share, I'd appreciate your comments.

As we watch the Summer Olympics, we see the pageantry and the heroics of the athletes from around the world. 

We don't see the oppression that has persisted for centuries in China and that continues to persist under the very noses of those who are walking the streets of Beijing.

TV cameras and microphones have been installed in all the taxi cabs and are remote controlled by the authorities to be sure that no one says or does something threatening to the regime.  130,000 police and soldiers are present ostensibly to protect the attendees.  They also help assure that the opposition will be suppressed during the games.

300,000 Chinese citizens augment the 130,000 people mentioned above as additional eyes and ears.  Reporters are subject to censorship.  Passports are summarily pulled from some reporters who have sought to broadcast by telephone back to their home countries.  That is a subtle form of reminder that the regime is in complete control and that one shouldn't forget it.

Against this backdrop, the President stood aligned with Chinese protestants this morning to deliver a few words of support.  We don't know what kind of persecution will follow when the reporters and TV crews leave, but we can remember the Tienanmen Square episode of a few years ago and draw upon those scenes of brutality to get some idea.

China is China.  Nothing more and nothing less.  It owns a big chunk of America.  It spies on us every day.  It works to find weaponry that can be used against us.  It still wishes to defeat us; if not on an actual battlefield, then in commerce.  We seem to forget these things, but they are critical.

If you were prescient and stocked up on the Forever Stamp while it was still available at $0.41, you may be able to say "Gotcha!"

A small news item caught my eye this morning.  The U.S. Postal Service (USPS) posted a loss of $1,100,000,000 for the quarter ended June 30th.  Yes, that is $1.1 Billion that was lost by the USPS, now a private organization.

The reasons cited were reduced mail volume (blamed on the slowing economy) and rapidly rising transport costs.

We can all understand that the cost of fuels that go into delivery have gone through the roof.  Everything delivered costs more, or soon will.  And, the economy has slowed.  Given the apparent political stalemate on drilling for oil here and now, fuel costs will likely do nothing but continue to increase.  Your Forever Stamps may prove to have been a really good investment since postage costs will almost certainly have to rise for us consumers.

I wonder, however, if there may be something more at work here.  Is it possible that we are watching the initial death throes of snail mail as we have known it for our lifetimes?  We know that more of us are computer literate today than ten years ago.  I think we would agree that use of computers and other communications devices will continue to accelerate.

Between telephones and other electronic communication media, and with delivery services available that have already taken most of the parcel post market, are we in the process of ending the use of delivered items that we walk to a mailbox to retrieve?  Simply look at the state of newspapers in our country today to get some idea of the potential impact.

Will there continue to be a USPS ten years from now?   Twenty?

If so, what will it look like and what will it do?  What will happen to all the brick and mortar that carries the USPS logo?  What happens to the tens of thousands of employees?

Could this really happen?   Did anyone ever ask that about horses and buggies?  Did anyone ever foresee air travel in the 1850s?  Did anyone ever foresee space travel in the 1930s?

A new approach to how auto insurance would be priced is beginning to catch hold and could spread quickly if it proves to be something people like.

The concept is called "pay as you drive" and it factors miles driven and driving behavior into premium rate development.  So far, Progressive, an auto insurer whose ads you've probably seen on television, has begun to sell this product in Alabama (in July) and will launch the product in New Jersey next week.

California officials are apparently considering legislation that would allow the concept to be marketed there.  The California Assembly passed the bill (A.B. 2800) by a vote of 72-2, so it was popular on that side of their legislature.

Here's how it works:

Policyholders receive a small wireless device that ties into the vehicle's computer diagnostic system.  The device gathers data from various functions on-board the vehicle.  This data reports how much the vehicle is being driven, when the vehicle is being driven, the number of miles driven and mileage by time of day, the speed per second and all sudden acceleration, deceleration and braking.

The data is transmitted automatically to Progressive, and policyholders can check their data on-line.

The whole point apparently is to cause those who drive more to pay more while those who drove less would pay less.  A recent study from the Brookings Institution found that today, drivers similar in age, gender, location and driving record pay nearly the same rates.  If all drivers were to pay per mile, driving would decline by 8% nationwide thus saving $50 to $60 billion per year from reduced congestion and fewer accidents.  It would also supposedly reduce carbon emissions by 2% and oil consumption by 4%.  (By the way, in the first five months of 2008, miles driven by drivers in the U.S. have dropped 2.4% or nearly 30 billion miles given the cost of gasoline and diesel fuel.)

Progressive is also introducing this program in Minnesota and Oregon.  If the program appears popular in Minnesota, I'll wager that it won't be long before it is is being touted in Wisconsin.

Not stated in the study, but inherent in the supposition, is anything concerning the premium rate impact.  It stands to reason that the safer driver would be charged less for his or her premium.  This will strike some as a way to single out a group for higher rates.  If that group is incurring the bigger costs, would that be all bad?

Beyond all this is the privacy invasion issue that will certainly be part of the debate and acceptance patterns.

Back on July 21st, I Blogged about the so-called "Fairness Doctrine" that would compel radio stations to mount the same number of hours daily for 'liberal' talkers as they do for 'conservative' talkers.  This would, in the minds of the liberals in Congress, equalize the message of the two differing points of view. 

On the heels of that, we saw the 'celebration' of Rush Limbaugh's twentieth anniversary as a conservative 'talker' this past Friday.  There is not, to my knowledge, a liberal radio personality anywhere with anything near the run that Limbaugh has had and will continue to have according to the new $38 million contract signed that takes his nationally-syndicated program into 2016.

This drives the liberals nuts but it has nothing to do with 'unfairness', and everything to do with the difference in messages.  We Americans, thankfully, are able to listen to anything we prefer.  If we preferred the Air America message, it wouldn't be struggling and on its third owner in nearly the same number of years.  We prefer the conservative message.  Liberals fight battles using class warfare actually pitting one group against another group to create animosity that the left believes will result in votes for its candidates.

If you follow any of the national debates, you'll see this clearly.  Conservatives understand the free market forces and seek more oil being drilled recognizing that this will drive prices down.  Liberals still cannot tolerate the concept of the free market since they find it threatening, and, therefore see everything through the prism of taxation forcing certain behaviors.  They believe that taxes on the 'egregious' profits of oil companies will result in lowered prices in the marketplace.  They simply do not want to understand that oil companies don't pay taxes; the customers of oil companies pay taxes...and that is us.

That starkly displays the difference in message, and it explains why there is a Rush Limbaugh and why his popularity is probably the equal or better of all the liberal 'talkers' in combination.  And it explains the extreme dislike, even hatred, with which the likes of Limbaugh are perceived by their enemies.  It also explains why liberals think that legislation will cure this problem as well as all other problems.

This 'freedom of thought-freedom of speech' thing is a real problem...for those whose thoughts are not swallowed by the listening masses.

Unless you've been on a deserted island, I imagine you know that Tim Russert died a few days ago.

I didn't watch his 'Meet The Press' show often, but when I did I was always impressed with how well he did interviewing a wide mix of guests.  The discussions about him, following the news that he had died, seemed to center on the words in the lead-in to this Blog.

He was so good at what he did because he was normal and fair and always well-prepared.  These thoughts were repeated regularly during the past week.  They speak volumes about this man who was born and raised in Buffalo, NY; whose dad was a garbage collector; and, who had a strong faith.  He kept his personal politics in check because he knew it was important that he present an impartial image.  Those who talked about being on his show mentioned that he was something of an 'equal opportunity' inquisitioner.  He was tough on everybody without regard to their politics.

It struck me that the very words being used to describe his uniqueness were also telling in that they were the antithesis of the usual fare we're fed by the 'talking heads'.  Tim Russert stood out amongst his peers because he was normal and fair and well-prepared.  And the words being used were being used by those very same 'talking heads'.  They were not, of course, aware that they were casting stones at themselves at the very same time they were lauding their former counter-part.

I suspect that we can all learn from the likes of a Tim Russert.  I know I can.  He loved his family.  He never forgot his roots.  He never forgot his faith.  He was always prepared when he went to work.  He gave every day his very best.  He remembered his friends and apparently had no enemies, certainly in his mind anyway.  He told people he loved them.  He was himself, not someone he thought he was supposed to be in order to fit into the world that he'd become part of after leaving his roots in Buffalo.

I hope I can remember Tim Russert for a good long time to come.  I probably will somewhat regularly as I see the antithesis on my television screen.

It is expected that Corsair Capital, a New York based private equity group will sign a deal with National City today that will affect Germantown.  You've guessed by now, if you're a regular reader, that the effect is to keep our newest bank name, National City Bank, in Germantown, at least for the foreseeable future.  Corsair and some other individual investors will put around $6 billion into National City at a share price of some $5.00.

We earlier traced the evolution from St. Francis Bank to Mid America Bank to National City Bank in the first Blog that discussed the plight of National City.  It's shares closed at $8.33 on Friday and that marked a 52 week decline in value of 78%.

So, it appears that my friendly, efficient bankers in Germantown will continue to be there when I need them.  I'm happy for them and for me and the rest of their customers.  Changing banks is a nuisance.  If there are direct deposits, those must be changed.  If there are automatic withdrawls, those must be changed.  New checks and bank cards must be obtained, and decisions as to which of the numerous accounts offered is the right account need to be made.  If Internet banking is involved, there is another level of change, and if telephone banking is involved, yet another level.

We sometimes are oblivious to the things that happen on Wall Street and the world but many of those distant happenings directly involve us in one or another ways.  This whole subject has been one that most of us has not followed...and yet it has an impact on our nice little village.  Our economy has truly become a global economy whether for the better or not.  IBM sold its laptop computer business to a company in China.  The Jaguar and Range Rover nameplates are now owned by a company in India.  GM is building a new engine plant in Brazil.  Medical x-rays are read off shore.  When the Far East markets hiccup, Wall Street flinches.  The demand for gasoline and diesel fuel in India and China have thrown our prices into a seemingly unending upward spiral.

Perhaps more important, these changes have occurred in a relatively short span of time..in decades rather than centuries.

The HBO network has retained the services of Bill Maher for some time now.  I don't watch HBO only because it isn't part of my DirectTV package.  I likely will not watch HBO in the future, but for another reason.

Mr. Maher has chosen the time of the visit of this Pope to our country to launch into a vitriolic attack on Catholics and the Catholic church.  I am not Catholic, but I do consider myself to be a Christian.  I am not favorably disposed toward pedophilia nor toward members of the priesthood who have engaged in and/or tacitly condoned that despicable conduct.  I do know that pedophilia amongst clergy has not been limited to the Catholic church.

Mr. Maher has chosen this subject as his tool to castigate the Pope and the Catholic church during this visit to the U.S.  Among his comments, supposedly the comments from one of those who poses as a member of the literati in America, are the reference to the man who is now the Pope having been conscripted into the German military during the period of the rise of the Nazi movement in Germany.  The man who is now Pope was reportedly twelve years of age when this occurred.  Maher calls the Pope a Nazi but I've so far seen no evidence that this man who is now Pope ever was a member of the Nazi movement.

Mr. Maher has called the Catholic church a cult that supports pedophilia.  Mr. Maher has referred to the Catholic church as the 'Bear Stearns' of organized pedophilia in the world.

These comments are likely within Maher's rights as a citizen of our great country.  HBO has so far remained silent thus giving Maher its blessing to proceed unchecked.

This is an example of just how repugnant free speech can be.  This is an example of just how permissive some of our news and entertainment organizations seem to be.  That so few of the literati have had anything to say about this is telling indeed.

The New England Journal of Medicine, yesterday, published results of a study on prostate cancer and the various treatment regimens employed.  I selected this as today's topic since I'm a man, I've had friends who've died from the disease, I have friends who now have the disease, I'm in the target age group and fully one in six males will be diagnosed with prostate cancer.

Prostate cancer is the most common form of cancer in men and the number two killer second only to lung cancer according to the American Cancer Society.  It is predicted that there will be some 186,000 diagnoses this year and some 28,700 deaths are expected from the disease.

The New England Journal of Medicine reported on the study of a group of 1,201 men and their partners after three kinds of treatment had been administered.  Those were: removal of the prostate; implantation of radioactive 'seeds'; and, radiation therapy.  Of the group who had received either radioactive 'seeds' or radiation therapy, one-third also took hormones.  The Journal was careful to note that the patients and doctors had made decisions independent of this study so the conclusions drawn were said to be suggestive rather than conclusive.

The conclusion drawn by the urologist who led this study, Dr. Martin Sanda of Beth Israel Deaconess Medical Center in Boston, was this (as he was quoted saying): "Doctors or their patients should think twice if they're considering hormone therapy.  Most of the cancers treated nowadays are not really that aggressive."

The good news is that more than 99% of patients survive at least five years.  Thirty years ago, only about two-thirds survived that long.

This study showed that too much treatment can make a patient needlessly miserable. Complaints with hormone therapy centered on lack of sexual drive, problems with urination and bowel problems.

I remember very well my conversations with my friend John, of whom I've written before.  He was adamant that the quality of his life was more the issue than the length of his life.  He was encouraged to take hormone therapy and refused to do so after reading of the possible side effects.  He knew that was the right decision for him and maintained his quality of life until very near the end.

What lesson can we all draw from this?  I think the most important lesson is this:  Men should not avoid being examined for prostate enlargement and PSA counts for fear of what might be detected.  That is a very, very small price to pay for the peace of mind that flows for most of us as the result.  And, early detection is by far and away better for the patient because treatment can be begun before the cancer has grown too large to control.

The rule of thumb that I've always heard was that we men should begin to be examined for prostate issues at age 50.  My  feeling is that even earlier would be better.  My friend was diagnosed at about his age fifty and the cancer had already gotten a good start by that time.

A short week ago I wrote about Eliot Spitzer and the havoc that he had wrought as the Attorney General of the State of New York.  I referred to the 'trail of carnage' that he had left behind in his quest for higher office.

Yesterday the press reported about his apparent involvement in a prostitution ring, and we witnessed his non-apology apology delivered in front of his weary and saddened wife.  Eliot Spitzer appears to have been caught up in his own 'trail of carnage' as has his wife and their three daughters.  He will likely be forced from office in disgrace; he could be indicted on federal charges since the prostitute traveled across state lines to meet him in his Washington, D.C. hotel room where he registered in the name of one of his friends.

His political enemies, and there are legions of those, are after his head, politically speaking.  Politics in New York is indeed blood sport.  The story will unfold over the coming days and weeks and months.

But all this notwithstanding, there still are those who were hurt by this megalomaniac (my diagnosis) during his meteoric ride.  And there are those who have been hurt badly by this latest revelation.

Yet, as much as I dislike the actions of this man, I feel saddened, particularly for his family.  It may be that his past has caught up with him; I don't know.  But I still think of those who lost companies and positions and reputations by his doing.  Forgiveness is difficult but certainly a worthy goal, especially it seems for an Eliot Spitzer.

Eliot Spitzer was the New York State Attorney General before he became Governor of that state.  Spitzer has the well-deserved reputation as a 'pit bull'.  The Wall Street Journal editors brought up his trail of carnage (my term) today discussing what he did to major organizations in America with his 'pit bull' style of threatening companies with enough damage to cause them to 'voluntarily' do as he directed they do. He made himself the investigator, the accuser, the judge and the jury.

The two companies mentioned this morning are AIG, the world's largest insurance organization, at least at that time, and Marsh & McLennan, a leading U.S. insurance brokerage organization.  Spitzer's threats caused both companies to fire their Chairmen.  Both companies have been on a downhill slide ever since costing shareholders huge sums of money in retirement funds, stock portfolios and so forth.  Many of these investors are you and me, whether or not we know it.

Those were companies caught up in Mr. Spitzer's web in New York City.  There was another that is much nearer and dearer to many in the Milwaukee area.  Strong Funds, and the related companies in Dick Strong's business holdings at the time, found themselves caught up in the Spitzer meat grinder.  The charges were of a questionable nature but that didn't stop the meat grinder that was Eliot Spitzer.  The Strong organization's good name was soon damaged beyond repair.

In the end, Dick Strong was forced to sell his companies at essentially 'fire sale' prices.  He paid significant fines for the trading activities in which he supposedly engaged.  The remains are now operated as part of the Wells Fargo organization.  The hundreds and hundreds of Strong employees who lost their jobs have, I hope, found their way into other organizations and may have forgotten much of the anguish they were personally subjected to by the Spitzer meat grinder.

Dick Strong, who was, and is, one of the finest men our community could hope to have in it, has survived.  Certainly his personal wealth probably has diminished somewhat although he is not in danger of losing a home or having nothing to eat.  There are some who will look at his situation and feel good because one of the 'haves' got what he deserved.  Those people are sadly misinformed and will simply have to live with their misshapen ideas.

The real loss has been for our community.  The companies Dick ran were major contributors to the community.  Those companies are gone and I doubt that Wells Fargo has taken over the philanthropy that was once the domain of the Strong group of companies.  Few buyers would have done so.  I am sure that Dick is still doing good works because that is who he is.

All this because a man named Eliot Spitzer managed to bull his way through the office of Attorney General of New York state in his quest for the Governor's chair and maybe even a run for President at some point in his political career.  I'll remember to my last day, and I'll remain saddened over what this man brought upon us...in the name of justice.

I will be in our nation's capitol for a few days and thought I'd share thoughts from here for those who might be interested.  I have been coming out for the past few years to meet with our Wisconsin Representatives and Senators on behalf of an industry trade association of which I'm a part.

This is always an interesting trip.  As I stepped outside Reagan National airport this afternoon, I was greeted by temperatures in the low 50s and a sunny sky.  This is where it disappeared to from Wisconsin!  Our special airline, Midwest, made the ride very comfortable and the cookies were just as good as ever.

As I rode into the city toward my hotel, I noticed the fairly large number of tourists out and about, lining up to see the Washington Monument, strolling on The Mall and gawking at all the famous buildings like we tourists do.  Our nation's capitol is a very special place no matter how maddening some of the laws that are passed here seem to us.  It is the place that the rest of the world looks to as the home of the greatest democracy ever seen.  They sometimes love to hate us, but they almost all envy what we have.

The city is comprised of people from virtually every country in the world.  Some are here as diplomats, others have moved here for one reason or another and still more are students.  It is a truly cosmopolitan city. 

I am fortunate to only see the better parts of Washington, for this great city isn't so great as one moves outward from the epicenter.  It is probably the most government-dependent community in our country, and it doesn't work very well from my perspective.  Tight gun controls haven't stopped the shootings.  There are only a handful of places where I can puff a cigar for all indoor smoking has been banned.  The homeless beg for money within a hundred yards of the White House and live in the many parks and on the many benches found in the city. 

As you can tell, I see a city of vast contrasts.  On The Hill, our elected representatives occupy the seat of government while a few miles away one can see some of the poorest sections of any city in America.  I am always torn by that, but I know I'll be home in Germantown soon.  It is a shame that some of these residents can't 'go home' to a Germantown somewhere.  And, it's a shame that some of the politicians can't do us a favor, and go home wherever that is for them.