Steinbrenner

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The Book of the Week is “Steinbrenner, The Last Lion of Baseball” by Bill Madden, published in 2010.

George Steinbrenner was born in July 1930 in Ohio. At fourteen years old, he was sent by his father to military school. He was groomed to inherit his father’s Great Lakes shipping company.

In late 1972, he got investors together to buy the New York Yankees baseball team from the media network CBS. His financial interest was the largest, however, so he was the face of the team. After the 1974 baseball season, he was indicted for committing felonies by making illegal, individual and corporate political contributions to the former late president Nixon’s reelection campaign. He never spent a day in jail, but was fined. The then-commissioner of Major League Baseball (MLB) Bowie Kuhn was out to get him for other reasons, though.

Nevertheless, in 1977, after just five years of ownership, Steinbrenner’s Yankees won the World Series, “… in spite of clubhouse dissension, a crazy manager [Billy Martin] and an even crazier owner.” This was due to overwhelming hitting talent. That is the most crucial skill required for a winning baseball team. The reason is– there is limited opportunity to score, unlike with all other major professional American sports (football, basketball, hockey and soccer). In baseball, a team must get its players on the bases and run around those bases in order to win the game. In all the other games, when there is a turnover, any player from the team on defense, can score on the spot.

Aspects of Steinbrenner’s character rubbed people the wrong way. His frequent dishonesty, temper tantrums, impulsive decision-making, micro-management, and excessive spending to recruit players for the Yankees caused emotional burnout and sky-high turnover among his employees. Even so, starting in 1976, there was a major change in the legal rights of Major League players– called free agency– that prompted the average player’s 1975 salary of $44,676 to rise by 1980 to $143,756. Steinbrenner was willing to pay top dollar for the players perceived to be the absolute best prospects for his Yankees, and also for his top executive team.

In 2004, the Yankees’ payroll was $185 million. Beginning in 2005, Joe Torre became the then-highest paid MLB manager, with a $19.2 million, 3-year contract. The following year, Brian Cashman became the then-highest paid general manager with a $4.4 million, 3-year contract.

Read the book to learn much more about Steinbrenner’s career as a professional baseball-team owner, and the constantly changing cast of characters who helped him navigate the Yankees’ ups and downs.

World Class

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The Book of the Week is “World Class, One Mother’s Journey Halfway Around the Globe in Search of the Best Education for Her Children” by Teru Clavel, published in 2019.

Born in the early 1960’s, the author had very different educational experiences from that of her children. She spent her early childhood years in Greenwich, Connecticut; middle years in New York City, and teens in Westchester county, New York. She, her husband and their three children spent a decade in Asia, and moved back to the United States in 2016.

They began their stay in Hong Kong in the expat community, but the author wanted her children to see how the natives actually lived and learned. The rat race among the super-rich elitists had become tiresome. So in Hong Kong and later in Shanghai, she found a preschool and elementary school that were right for her then-two children. Even so, most local Asian schools demanded discipline and rigorous academics that were standardized nationwide.

In Shanghai, though, her family endured hardships in order for her children to get the best educations– authentic to the culture of that place and time. In Asia, teaching is a highly respected profession for which there is rigorous training and a highly selective hiring process.

Both the author’s family’s local public school and their residence were structurally dilapidated. The former had classrooms that were unheated, so in winter, the kids wore their coats all day. The grounds had no playground, only a concrete basketball court with a bare hoop. The family’s home had vermin and unreliable water and internet service.

At the elementary school, the teachers specialized in math, Mandarin, English language or other subjects, and were paid more than the homeroom teacher. The kids learned with pencils and paper; not tablets and videos.

Every day before preschool began, the kids were subjected to a color-coded health examination: red (a lucky color in China) meant the child was well, yellow meant slight illness but okay to be in class, but blue indicated that the child would spend the day at the school infirmary. Most parents of elementary schoolers work to support a multi-generational household: an only child, the parents, and both sets of grandparents of the child.

The author’s six-year old son’s report card was a 46 page bound book containing assessments in each subject including social skills– comprised of opinions of the parents, teachers and students themselves. According to the author, the Chinese education system is a meritocracy, with high school and college entrance exams the keys to the kingdom.

The author wanted her children to attend high school in the United States, so the family moved to Palo Alto in California– the best school district in the nation; but, as the author found out, only reputationally.

Read the book to learn: many more details of Asian education and cultures, and how they compare to the American system in recent years; the author’s advice and tips for how parents can seek out the best education for their kids; and biographical information on the author and her family.

Flight of Passage – BONUS POST

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The Bonus Book of the Week is “Flight of Passage, A Memoir” by Rinker Buck, published in 1997.

In July 1966, the fifteen-year old author and his seventeen-year old brother flew from New Jersey to California in a Piper Cub they’d refurbished themselves. For fun. They weren’t attention whores. It was their famous father who helped publicize their flight. Completion of the trip was a major feat, as conditions were life-threatening from time to time. Built in 1946, the prop plane had no battery, no radio and no lights.

The media thought it was a big story: “America just wanted a good dose of innocence that summer and we perfectly fit the bill. The Jack-and-Bobby look-alikes bouncing out to California in their homemade Piper Cub was a heartwarming tale for the masses.”

Read the book to learn of: the brothers’ adventures; the issues the author had to deal with, between and among his brother, father and himself; other information on his family; and how his father’s view of black people changed radically when they saved his life.

ENDNOTE: The author focused mostly on the flight and ignored the ugly historical events then happening in the United States. Times have changed on two fronts in 55 years: back then, there was minimal security and a lot of privacy for ordinary Americans.

Once the media began to follow the author’s story and he and his brother became momentarily famous, though, hordes of journalists engaged in stakeouts at every place the plane touched down. Even so, the pilots didn’t hire a publicist and didn’t try to stay in the spotlight in any way. Even their father didn’t try to keep their space in the news cycle going. That is the antithesis of the current social climate in this country. Here’s a little ditty that shows how times have changed:

EVERY SELFIE YOU TAKE
sung to the tune of “Every Breath You Take” with apologies to Sting and the Police.

Every selfie you take,
from the moment you wake,
every post you make,
every ID you fake,
spyware’s watching you.

Everyone you unfriend,
every text you send,
every photo you post,
every site from your host,
spyware’s watching you.

Oh, you emotional wreck,
you belong to Big Tech.

Your hypocrisy grows
with your privacy woes,
your attention whore ways,
your social media days,
hours of video-game plays,
every political craze,
spyware’s watching you.

ComplAINTS on privacy are a SLIPpery slope.
Lawyers spin disclaimers in ORDER to cope.
Look around, you’re hanging YOURself
on your own rope.
You feel so mad but can you TURN back? Nope.
You keep crying,
world– LOOK at me, LOOK at me, PLEASE!

Oh, you emotional wreck,
you belong to Big Tech.

Your hypocrisy grows
with your privacy woes,
your attention whore ways,
your social media days,
hours of video-game plays,
every political craze,
spyware’s watching you.

Every selfie you take,
from the moment you wake,
spyware’s watching you.
Spyware’s watching you.

Your attention whore ways,
your social media days,
hours of video-game plays,
every political craze,
spyware’s watching you.

Everyone you unfriend,
every text you send,
every photo you post,
every site from your host,
spyware’s watching you.

Every selfie you take,
from the moment you wake,
every post you make,
every ID you fake,
spyware’s watching you.

Everyone you unfriend,
every text you send,
every photo you post,
every site from your host,
spyware’s watching you.

Your attention whore ways,
your social media days,
hours of video-game plays,
every political craze,
spyware’s watching you.

Everyone you unfriend,
every text you send,
every photo you post,
every site from your host,
spyware’s watching you.

How I Cracked the Alpha Code – BONUS POST

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“The new guys were preoccupied with being reelected, the demands of which were not well served by ridiculous fantasies like fiscal discipline.”

American politics? Rogers was actually referring to the money managers of the euro in the early 2000’s. He was cautiously optimistic about the euro when it was first launched. Oh, well.

The Bonus Book of the Week is “How I Cracked the Alpha Code” by Jim Rogers, published in 2013. This was a partially autobiographical, extended essay that gave tips on how to gauge economic prosperity and prospects in different places. At all times, Rogers is on the lookout everywhere for investment opportunities. He made his (take this job and shove it) money and retired from investment banking at 37 years old.

Born in 1942, Rogers and his wife and young children tried living in Shanghai and Hong Kong (where there was horrible air pollution) beginning in 2005, before deciding to move to Singapore from New York City.

Singapore requires no security at public events, so it is safe for children. He claimed that the education and healthcare systems are excellent. It has entitlement programs in those areas and in home ownership that are roughly equivalent to health savings accounts and 529 plans in the U.S. with contribution-matching through employers, but administered by the government. The public schools require parents to volunteer to help in various capacities. Medical treatment is a great value compared to that in the U.S. No surprise there. It also has the equivalent of America’s E-ZPass system on toll roads and for parking, too.

However, Rogers merely listed the positive aspects of Singaporeans’ lifestyle. He listed no negatives, except for potential, general economic threats that could affect any nation. Another glaring omission of inconvenient information was cryptocurrencies. But he did reveal his basic philosophy: one’s real worth is what one would be worth if one lost all of his or her money. And let financial entities fail so as to encourage creative destruction. Do not bail them out.

Rogers listed some of the kinds of policies and practices that bring a country down economically: wars, litigation, and incompetent leadership. This blogger would add one more: excessive deregulation. He gave tips on what a nation should do to try to reverse its serious financial position: reform the tax system so as to encourage savings and investment, not consumption; “change the education system” and reform healthcare and litigation.

Read the book to learn more cherry-picked information that bolstered the author’s too brief, too pat pronouncements.

Fatal Subtraction

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The Book of the Week is “Fatal Subtraction, How Hollywood Really Does Business” by Pierce O’Donnell and Dennis McDougal, published in 1992.

“I asked myself whether this uncanny similarity and anticompetitive market was the result of coincidence or conspiracy. Thanks to my populist tendencies and a healthy distrust of powerful institutions, I opted for the sinister explanation.”

Politics? Big Tech? Medical, legal, music, sports or oil industry?

The above quote happens to refer (in various ways) to all of the major Hollywood movie studios, just after their most lucrative years. The skyrocketing size of the home video market in the 1980’s made movie studios richer and richer, what with cable TV, VCRs and global distribution. They retained the best entertainment law firms on an ongoing basis so that whenever any powerless parties who felt wronged, tried to hire those firms to bring legal actions against them, there were conflicts of interest.

In 1988, Art Buchwald and Alain Bernheim– respectively a seasoned humorous newspaper writer and lecturer who dabbled in the movie industry, and a producer– sued Paramount Pictures Corporation for thirteen causes of action; among them, breach of contract in connection with the movie Coming to America starring Eddie Murphy. They were fortunate in that they were able to hire a big firm and could afford to pay hundreds of thousands of dollars to hire topnotch attorneys to fight a years-long legal battle.

The crux of the dispute involved the boilerplate contracts almost everyone in Hollywood was compelled by their agents to sign, in order to get work. The studios engaged in cartelizing behavior, so the powerless creative personnel were at their mercy at contract-signing. Only a tiny percentage of powerful elite stars reaped a ton of money for all movies they did, regardless of financial success. The agents claimed they were getting great deals for their less powerful talent, but that was a lie. For, starting in the 1950’s, the contracts evolved pursuant to the studios’ shady accounting practices, in a way that cheated screenwriters especially.

By the dawn of the 1990’s, big-name actors were allowed to behave like prima donnas, basically enjoying excessive expense accounts and reaping outrageously generous compensation from gross movie revenues. The movie idea originators and writers received net profit participation– i.e., the crumbs after all expenses had been deducted. The studios’ definition of “profit” was topsy turvy so when it came time to pay lowly workers, they claimed their movies were losing money!

O’Donnell and his legal team argued that certain provisions in Buchwald’s and Bernheim’s contracts were unconscionable, and therefore legally unenforceable. On principle, the studios’ oligopoly was economically bad not just for his clients, but for society (See this blog’s post “Wikinomics / Courting Justice”).

Read the book to learn every last detail of the case.

You Can’t Trust Them – BONUS POST

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YOU CAN’T TRUST THEM

This is the song Steve Bannon is singing now.

sung to the tune of “You Can’t Touch This” with apologies to (M.C.) Hammer.

You can’t trust them.
You can’t trust them.
You can’t trust them.
You can’t trust them.
No. No. No. No.
You can’t trust them.
Again, you made America GREAT,
makes me say, just you WAIT.
Thank you, for voting TRUMP
with a Wall to build
and a fist to BUMP.
We feel good, even NOW
we won again in this cheating TOWN.
We’re innoCENT.
So they can’t charge me with conTEMPT.
We beat the radical left.
You can’t trust them.
Yeah, that’s how we roll,
and you know, uh,
you can’t trust them.
Don’t look in my files, man.
You can’t trust them.
I ignore the subpoenas.
You can’t trust them.
We deflect their licks,
we keep it REAL.
We’re strong like that.
We say stop the STEAL.
So get out on the STREET
and get a big sign
and use your free SPEECH
while we’re polling.
On TOP.
Update a little bit.
Keep on fighting. Don’t STOP.
Like me, like me.
They’re hot on my trail,
so back me up.
They accuse us of trying a PUTSCH,
but we’re the winners, uh, they can’t TOUCH.
Yo, don’t even.
You can’t trust them.
Why they harassing me, man?
You can’t trust them.
Yo, let freedom ring,
election’s still on, sucker.
You can’t trust them.
Give me a rally and a MIC,
they’re so dull.
See we’re all PSYCHED.
Now they JUMP,
you mess with the Bannon
you’re messing with TRUMP.
That’s risky, and NAIVE.
Accusers are hatin’,
we’re not gonna LEAVE,
won’t CAVE IN.
We know, how to catch the next WAVE IN.
We’re LEGIT.
We’ll take over, so they might as well QUIT.
Sure thing.
They’re so not.
You can’t trust them.
You can’t trust them.
We’re on a roll.
Stop. Bannon time!
I’m not guilty, this I KNOW.
If you can’t groove to my podcasts,
you’re too SLOW.
So wave, your arms in the AIR.
Take back the country.
The ballot-counting was so UNFAIR.
We can’t stand this any LONGER.
Stick with me and you’ll get STRONGER.
Now listen, Biden’s going down,
let’s open our eyes and look AROUND (around, around, around).
No. You can’t trust them.
Get with it.
You can’t trust them.
You’ve got lots of problems, ’cause
you know, uh, you can’t trust them.
Let freedom ring, election’s still on.
We keep it real.
Stop. Bannon time!
You can’t trust them.
You can’t trust them.
You can’t trust them.
We’re on a roll.
Stop. Bannon time!
No bones about it,
that Bannon’s just so DEFT.
I’m always on your phone
and I shame the radical LEFT.
Now they won’t ever, stop with their PLOTS.
To end this outrage, we can do LOTS.
I visited the world,
from China to D.C.
It’s Bannon GO
Bannon, Steve Bannon YO
Keep calm and follow ME.
You can’t trust them.
You can’t trust them.
You can’t trust them.
No. You can’t trust them.
I’m bad. You can’t trust them.
So deft. You can’t trust them.
Yo, we’re on it. You can’t trust them.

The Daughters of Kobani

The Book of the Week is “The Daughters of Kobani, The Story of Rebellion, Courage, and Justice” by Gayle Tzemach Lemmon, published in 2021.

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“She didn’t have time to offer hourly updates to her family, who were tracking every moment of the battle for Kobani on Facebook and WhatsApp.”

No, the above referred NOT to an American political campaign, but a real-life war.

Violence in northern Syria resumed between Kurds (an oppressed minority in Iraq and Syria) and non-Kurds in March 2004 after tensions boiled over at a soccer game. At the same time, there was hostility over water-rights of the Euphrates river between Syria (a non-NATO member) and Turkey (a NATO member).

Turkey harbored anger and resentment toward Syria’s leader, and wanted him out. The Soviets backed Syria’s leader, as did the U.S. initially. In the 1990’s, a Marxist-Leninist activist named Abdullah Ocalan formed a violent (some might say terrorist) pro-Kurdish, pro-gender-equality group called PKK, that agitated for self-rule for the Kurds in Syria.

The decades-long cliche is: the latest terror group (ISIS) obtained modern war weaponry from Iraqi forces, who had received the equipment from America. As is well known, the region has been a foreign-policy conundrum for the governments of industrialized countries (with their strategic interests), for forever. The U.S. thought it needed to fight ISIS, but didn’t want to send in ground troops (and invite yet another “Vietnam” in the Middle East). But it did want to protect its physical diplomatic and military presence in northern Iraq– Kurdish territory, near the Syrian border. So it sent some in, anyway.

The author described a handful of females who volunteered to join one of PKK’s spinoff militias (YPK and YPG). From the city of Kobani in Syria, the females were resistant to their arranged marriages and limited educations decided on by their families’ patriarchs. Two of the females commanding troops engaged in guerrilla warfare that resembled “capture the flag” or paintball, but with real war weapons, real deaths and really widespread destruction of civilians’ communities.

During the early 2010’s, the U.S. decided to let the Kurdish militias on the ground do the most dangerous fighting. The YPG had communications devices of radios, cell phones and walkie-talkies, and U.S.-supplied guns. ISIS had rifles, rocket launchers, artillery, car bombs, snipers, IEDs, land mines and suicide bombers. In summer 2014, the U.S. launched tens of airstrikes on ISIS in and around Kobani.

Read the book to learn: the fate of the fight’s many stakeholders that included countries, groups and individuals, how ruling authorities furthered gender-equality for Tunisians and Syrian Kurds in 2014 and 2016 respectively, and much more about the tentative progress made by various parties.