Archive for June 15th, 2010

Flashback: Help Wanted, No Private Sector Experience Required

June 15, 2010

Have you noticed that Salazar and Napolitano haven’t been getting much Gulf face time these days ?

Have you noticed that – except for Coast Guard Admiral Allen – nobody from Team O has a clue how to take charge of the situation ?

All completely predictable from the Team O resumes – all lawyers, academics, and political hacks – nobody who has run anything but a campaign.

Here’s a flashback to last December that saw this one coming.  Only suspense was what the ‘event’ would be.

* * * * *

Originally posted December 4, 2009:
https://kenhoma.wordpress.com/2009/12/04/help-wanted-no-private-sector-experience-required/

This analysis — reported by AEI and sourced to JP Morgan researchers — examines the prior private sector experience of the cabinet officials since 1900 that one might expect a president to turn to in seeking advice about helping the economy.

It includes secretaries of State, Commerce, Treasury, Agriculture, Interior, Labor, Transportation, Energy, and Housing & Urban Development, and excludes Postmaster General, Navy, War, Health, Education & Welfare, Veterans Affairs, and Homeland Security—432 cabinet members in all.

obamacabinet
AEI, Help Wanted, No Private Sector Experience Required, November 25, 2009
http://blog.american.com/?p=7572

In the Obama administration over 90 percent of the players’ prior experience was in the public sector, academia, or law practices. Virtually no “business experience” per se.

* * * * *

Ken’s Take:

(1) Quibble with the numbers, but directionally the conclusion fits — which is why the Faux Stimulus didn’t work, why the spending is out of control, why there’s sloppy implementation (think Cash for Clunkers), and why businesses refuse to rebuild their payrolls.

(2) Note that the analysis was sourced to JP Morgan. I’ve heard from my sources that off-the-record boardroom commentaries re: the Obama administration has turned very, very negative.  But, public commentary is constrained by fear of vindictive government retribution (think pay caps, voiding of contracts, etc.).  Surprised me that JPM is associated with the analysis.

(3) Liberal blogs have marshalled to debunk the 10% number for Obama’s advisers.  Their rebuttals are laughable — largely claiming that private sector experience includes having had a parent who had a real job. having been a lawyer with at least one private sector client, having run a campaign, or having been a university administrator.  For example, here are a couple of my favorites:

Vice President Joe Biden – Private experience:  Yes.   Biden’s father worked in the private sector his entire life — unsuccessfully for a critical period.  Biden attended a private university’s law school (Syracuse), and operated a successful-because-of-property-management law practice for three years before winning election to the U.S. Senate.   Running a campaign is a private business, too — and Biden’s first campaign was masterful entrepreneurship.

Secretary of Interior Kenneth L. Salazar – Private sector experience: Yes. Besides a distinguished career in government, as advisor and Cabinet Member with Colorado Gov. Roy Romer, Salazar was a successful private-practice attorney from 1981 to 1985, and then again from 1994 to 1998 when he won election as Colorado’s Attorney General.    Salazar’s family is in ranching, and he is usually listed as a “rancher from Colorado.”

Secretary of Labor Hilda L. Solis – Private sector experience:  Yes.   Solis’s father was a Teamster and union organizer who contracted lead poisoning on the job; her mother was an assembly line worker for Mattel Toys.  She overachieved in high school and ignored her counselor’s advice to avoid college, and earned degrees from Cal Poly-Pomona and USC.  She held a variety of posts in federal government before returning to California to work for education and win election to the California House and California Senate, and then to Congress.

Secretary of Education Arne Duncan – Private sector experience:  Yes.  Duncan earned Academic All-American honors in basketball at Harvard.  His private sector is among the more unusual of any cabinet member’s, and more competitive.  Duncan played professional basketball: “From 1987 to 1991, Duncan played professional basketball in Australia with the Eastside Spectres of the [Australian] National Basketball League, and while there, worked with children who were wards of the state. He also played with the Rhode Island Gulls and tried out for the New Jersey Jammers.”  Since leaving basketball he’s worked in education, about four years in a private company aiming to improve education.

To verify the above examples — and for a few more chuckles — check out
http://timpanogos.wordpress.com/2009/11/26/obamas-well-qualified-cabinet-conservatives-hoaxed-by-j-p-morgan-chart-that-verifies-prejudices/

Where’s Red Adair when you need him ?

June 15, 2010

This is a retro post for my higher mileage readers …

Watching the BP spill gives me a touch of nostalgia.

Remember in the old days – whenever an oil well caught fire or “blew out” — the SOS went out to Red Adair – a legend in capping distressed oil wells.

Adair became world notable as an innovator in the highly specialized and extremely hazardous profession of extinguishing and capping blazing, erupting oil well blowouts, both land-based and offshore.

Over his long career he battled more than 2,000 land and offshore oil well, natural gas well, and similar spectacular fires.

He gained global notability in 1962, when he tackled a fire at a gas field in the Sahara nicknamed the Devil’s Cigarette Lighter, a 450-foot (137 m) pillar of flame.

In 1977, he and his crew (including Asger “Boots” Hansen) contributed in mending the biggest oil well blowout ever to have occurred in the North Sea (and the 2nd largest offshore blowout worldwide, in terms of volume of crude oil spilled).

Adair died August 7, 2004, so BP couldn’t call him this time.

Isn’t there another Red Adair out there someplace who can swoop in and save the day ?

Bio excerpts from Wikipedia – the Homa Family wagering bible:
http://en.wikipedia.org/wiki/Red_Adair

* * * * *

Red Adair, The Legend
http://www.redadair.com/hisstory.html

Red Adair, oil-well firefighter, dies at 89
Texas businessman revolutionized science of burning wells
http://www.msnbc.msn.com/id/5641205/

Don’t call me ‘Chevy’ … my name is Chevrolet

June 15, 2010

GM thinks the name Chevy causes brand confusion – that some dolts don’t know it’s short for Chevrolet.

I guess that these guys have never ordered a Coke — a.k.a. Coca-Cola.

Talk about swimming upstream … unnecessarily. 

* * * * *

CNNMoney.com: GM dumps Chevy for Chevrolet, June 10, 2010

General Motors has banned the use of the Chevy name in all of its corporate communications.

From now on, the bow-tie brand will go by its proper name, Chevrolet.

It’s OK if you still call your car a Chevy. It’s just that GM won’t.

According to GM:  the use of two different names for one car brand — Chevy and Chevrolet — can cause confusion abroad.

While Chevy is a popular nickname for the brand in the U.S. and Canada, it’s not used in any of the other 130 or so countries where the brand is sold.

Customers in other countries who want to learn more about Chevrolet and come across the name Chevy on a U.S.-based Web site might think it refers to a separate brand.

A memo that was sent out to GM employees even asked them not to use the Chevy name in conversation. However, the ban on speaking the two-syllable word won’t be strictly enforced.

Existing advertising and corporate communications won’t be changed, he added, but the rule will be enforced in any materials produced from here on out.

* * * * *

Founded in 1911 as the Chevrolet Motor Co., Chevrolet was named for founding partner Louis Chevrolet, an early race car driver.

Full article:
http://money.cnn.com/2010/06/10/autos/gm_no_chevy/