I saw the movie Stop-Loss last night and despite the plot of the movie, I was concerned mostly about the issues. The idea behind the movie, stop-loss orders issued by the government, intrigues me quite a bit. This intrigues me because it gives the military the right to order back into duty a member of the military who has already served active time. Yes, this may be necessary since we do not have a draft and casualties are climbing, requiring more manpower, but lets look at the overall picture. By doing this, the government is "backdoor drafting" these fine young men and women, who have already been through the rings of hell in
Monday, March 31, 2008
Stop Loss & VA, The War in Iraq
I saw the movie Stop-Loss last night and despite the plot of the movie, I was concerned mostly about the issues. The idea behind the movie, stop-loss orders issued by the government, intrigues me quite a bit. This intrigues me because it gives the military the right to order back into duty a member of the military who has already served active time. Yes, this may be necessary since we do not have a draft and casualties are climbing, requiring more manpower, but lets look at the overall picture. By doing this, the government is "backdoor drafting" these fine young men and women, who have already been through the rings of hell in
Sunday, March 23, 2008
Glory
The movie is based on the letters of Colonel Robert G. Shaw (Matthew Broderick), an officer in the Federal Army during the American Civil War. He volunteers to lead the 54th all African-American Regiment of the Massachusetts Volunteer Infantry. Faced with much opposition in letting his army actually fight on the battlefield, Colonel Shaw does everything he can to prepare his men for battle and make sure they can proudly show their honor of being part of the army. Their training and fighting eventually leads up to the final assault on Fort Wagner in South Carolina. Their heroic actions take them as the 1st regiment into the Fort, presuming they will face the toughest fighting. This not only brought recognition to African-American soldiers at the time, but it helped turned the tide of the war. The 54th regiment wasn't any ordinary regiment, it was full of men with dignity and the willingness to go to great lengths to fight for what they believed in. And that is just what they did.
This movie is going to be added to my list of movies of profound impact because it is a true story in a time of war. As long as you can get past the 1989 quality of the movie, it is a very enchanting historical account of African-American men who will do anything to fight for their freedom, show their courage, and prove themselves to be just as good of soldiers as the Whites. It reminds us that there is so much for us to learn out there about our history as a human race that is not readily available to us. Although it was during a time of brother fighting against brother, it does show that it is possible for individuals, despite race or background, to rise up and unify together to reach a common goal. We can learn from these displays of unification, and adapt them into our current thinking to ensure we aren't blinded by the boundaries that often divide us.
To make matters even better, Matthew Broderick isn't the only wonderful and immensely fascinating performance seen in the movie. Two other well-known and award-winning actors play prominent roles in this movie, Morgan Freeman and Denzel Washington. In conclusion, I recommend Glory with the utmost anticipation that every movie-watcher and/or history buff will thoroughly enjoy it.
Saturday, March 22, 2008
Beijing 2008 - Where Sport and Political Arenas Collide
There have been recent reports stating that
Lately, several people and organizations have reported their willingness to protest the Olympics games in
“Wherever
With
Thursday, March 20, 2008
Don't Forget About Darfur
And the genocide continues. Prior to 2003, much was unknown to us about
The current crisis began after decades of small-scale conflict between rebel groups and the Central government that brewed into something much larger. Now the effects of the conflicts in
Luckily, a great deal has been done thanks to the efforts of governments and organizations in making progress toward relief and peace in the region. However, this genocide is far from over. Awareness still needs to be spread and action still must be taken. Check out the website http://www.SaveDarfur.org to learn more of the history behind
Monday, March 17, 2008
Economy in Turmoil
As we are on the brink of the Federal Reserve meeting tomorrow, many people are worrying about the country falling into a recession. There is speculation that yet again, the Federal Reserve board will cut interest rates at their meeting tomorrow in attempts to prevent a recession. But what some people are starting to ponder now is the idea of the Fed accepting the fact that a recession is going to happen and should embrace it instead. According to CNN, several economists disagree with the Fed in using more rate cuts to spur economic growth, and instead believe that a recession might be the “best medicine” for the economy in the long term. The reasoning behind this is that they don’t believe Fed cuts can fix what already is ailing the economy, because it is dealing with a problem of confidence. Since this is a minority view thus far, I will discuss it further below for readers to gain a better understanding of this opposition. The view of the majority coincide with the Fed’s movements and believe that rate cuts help give the market more liquidity and say that such a move is necessary for the weakening economy.
Rate Cuts – The Opposition
There is increasing speculation among economists that the country is already dipping into a recession and future rate cuts by the Federal Reserve Board won’t be able to prevent this from happening further. According to CNN, "The problems the markets are facing are not due to interest rates being too high. It's a lack of confidence," said Barry Ritholtz, the CEO and director of equity research for Fusion IQ. They say that rate cuts are causing a sharp decline in the dollar, which in turn are causing record prices for commodities such as oil, which we have seen dipping into consumers’ pockets as gas prices soar across the country. Even food, beverage, and transportation prices are going up, putting a squeeze on the disposable income of consumers. Although prices in these items have risen minimally over recent years, decreasing home prices and tighter credit has put a crunch on consumers’ pockets. Further rate cuts are speculated to just add “fuel to the fire” and won’t help the real problem that is ailing this economy, which is a lack of confidence in lending, with significant distrust among lenders.
According to CNN, one of the critics of Fed cuts is even on the Federal Open Market Committee that meets to decide interest rate moves. Dallas Fed President Richard Fisher, who was the only one to vote against the rate cut in January, has continued to talk loudly about inflation fears recently. He thinks the Fed shouldn’t be as worried about a recession as it has been., and is expected to vote against another rate cut. He says the Fed’s obligation should be to prevent inflation from happening in order to sustain long-term employment growth. Fisher also hinted around at the problem of the weakening currency in our country by saying that "In today's world, where investors can move their funds instantly from one currency to another to avoid depreciation, the price central bankers pay for high inflation is much higher than in the past.”
My Proposal
The Fed Reserve Board has already made significant cuts in rates and I think this has done enough to try to pump liquidity in the market and increase consumer spending, but not enough to fix the problem. I do believe too much is too much, and that further rate cuts will harm the economy of our country. I am taking the view of the minority and saying that we are facing a problem of confidence within our economy, and that can only be fixed in the short-run by lowering rates. So what happens if we don't lower rates further? Yes, we might have to endure short-term pain in our country in order to have long-term growth and gain after all. I think this is a natural cycle of any free-market economy. Going back to 2001, when the Federal Reserve faced a major decision following the burst of the dot.com "bubble," and the terrorist attacks of 9/11, Alan Greenspan had to face a similar dreadful problem. He made a decision to lower interest rates and sustain them at a low level. Now, the after-math of his decision has been passed to Ben Bernanke, as the new chairman of the Federal Reserve Board. Currently, Mr. Bernanke has already been masking the problem by lowering these rates again and again, and tomorrow he has to decide whether to continue to do so, or let nature run its course. If he decides to give our economy another dose of a "quick-fix" like Greenspan did following the events of 2001, our economy will possibly be helped in the short-run, but might just mask a problem that will inevitably have to be faced sometime in the future, and be much worse. On the contrary, if he decides to let the market run its natural course, it will hopefully revive itself from all the short-term "quick-fixes of the past," and will turn around to give us a positive, long-term economic outlook. I think this view is hard to fathom and looked down upon because of the fear of the near future and the pain that consumers will have to face. However, I believe it is a sacrifice we must make to prevent a worse crisis in later years due to continually masking this problem by lowering rates. Then confidence will just naturally find its way back into the markets.
Hope for the Economy
We are only a day away from the Fed meeting that will make the decision of whether to cut rates or not. Only time will tell if their actions will prove or disprove these notable economists’ and will either help or hinder our weakening economy. Follow the news to see what action they decide to take, and continue to follow the markets as it has been predicted to be an economical roller-coaster for the next couple of years. Hopefully, Ben Bernanke and his counterparts will push our country in the proper direction, and will balance the least amount of financial burden on consumers’ wallets during this time of turmoil. What stance do YOU take on the economy?
Saturday, March 15, 2008
The Democratic Showdown
After the
There are several issues that have come about lately regarding these two campaigns, one of them being a topic I wish to address. This issue involves the inevitable remarks on gender and race that we all knew would appear in this campaign at some point. On Wednesday, Geraldine Ferraro, the Finance committee member of the
Dear Hillary –
I am stepping down from your finance committee so I can speak for myself and you can continue to speak for yourself about what is at stake in this campaign.
The Obama campaign is attacking me to hurt you.
I won't let that happen.
Thank you for everything you have done and continue to do to make this a better world for my children and grandchildren.
You have my deep admiration and respect.
Gerry
According to the Andersen Cooper 360 blog, Ferraro, in an interview with the Daily Breeze of Torrance, California, was trying to defend her earlier remarks from critics. “Any time anybody does anything that in any way pulls this campaign down and says, ‘Let’s address reality and the problems we’re facing in this world,’ you’re accused of being racist, so you have to shut up,” she said. “Racism works in two different directions. I really think they’re attacking me because I’m white. How’s that?” Inevitably we all saw this coming. Remarks and attacks on gender and race in the Presidential campaign that involves a woman and a black man. In Ferraro’s case, I think it is very offensive for her to negate Obama’s success by saying it is simply due to the fact that he is black. Her initial comments included the fact that “Obama is doing well because of his message and a good campaign. But she clearly stated that he’s successful “in large measure” because he’s black.” In the past, we have seen Black nominees run for office and not be successful. This time, Obama is clearly successful thus far. So is it really because he is black? No. It might give him votes (as shown in the recent
We the people of the
Wednesday, March 12, 2008
Kiva.org - $25 business opportunity
In spirit of the new Oprah reality television show that I posted about earlier today, I decided to add a post about an organization that was brought to my attention because of Oprah in November 2007. The organization, called Kiva, was started in October of 2005 by Matt and Jessica Flannery, and is based in
How it works (according to the http://www.kiva.org website):
"Kiva lets you connect with and loan money to unique entrepreneurs in the developing world. By choosing a loan on Kiva, you can "sponsor a business" and help the world's working poor make great strides towards economic independence. Throughout the course of the loan (usually 6-12 months), you can receive email journal updates from the entrepreneur you've sponsored. As loans are repaid, you get your loan money back.
Kiva partners with existing microfinance institutions. In doing so, we gain access to outstanding entrepreneurs from impoverished communities world-wide. Our partners are experts in choosing qualified entrepreneurs. That said, they are usually short on funds. Through Kiva, our partners upload their entrepreneur profiles directly to the site so you can lend to them."
Below is a diagram from the website that illustrates the flow of operations within the system:
For a recent idea of how well Kiva.org is thriving with participation I found a statistic to show that people are listening and getting involved. According to Wikipedia, “As of February 3, 2008, Kiva has $21,432,835 in loans from 242,166 lenders. A total of 32,457 loans have been funded. The average loan size is $564.19.”
For more information on this organization, visit their website: http://www.kiva.org
Also check out one of the co-founder's blogs: http://socialedge.org/blogs/kiva-chronicles
If you have the ability to buy 6 drinks from Starbucks, you have the ability to give someone economic independence. Think about it.
Oprah's Big Give
"In eight one-hour episodes, a diverse, determined and competitive group of ten people are given the challenge of a lifetime — to change the lives of complete strangers in the most creative and dramatic ways. In this intense competition, the contestants criss-cross the country, scrambling to find ways to impact the fates and fortunes of unsuspecting people who are in for the surprise of their lives. Lives will be changed in the blink of an eye as contestants race against time to create once-in-a-lifetime experiences and also give away hundreds of thousands of dollars. Who will be the lucky few to get a "Big Give"… and who will get all that cash? The series premiere, "Episode 101," kicks off in Los Angeles, where Oprah hands ten contestants sealed envelopes with only a picture and the name of a complete stranger. Under intense pressure, they must give big to change this person's life in just five days. The contestants must use their creativity and resources to generate the most powerful and sensational ways to make a real difference, and with the clock ticking, the competition, drama and emotion mount and the contestants' stamina, creativity and drive are tested. This first dramatic challenge will send one person packing. Throughout the episodes, Oprah makes multiple special appearances and turns up in various locations to surprise the contestants with dramatic new twists and turns. "The show is fun, entertaining and powerful television with a real heart," said Winfrey. "America will just love the heart of this show." As the competition tightens, big Hollywood stars join "Oprah's Big Give," raising the stakes and turning up the heat. Celebrity guests include Jennifer Aniston, John Travolta and Jada Pinkett-Smith, tennis legend Andre Agassi, skateboarding idol Tony Hawk, racing star Danica Patrick, plus more. At the end of each hour, the contestants must face a panel of three expert judges who will judge them on their leadership, accomplishments, creativity and presentation. They include world-renowned "Naked" chef and philanthropist Jamie Oliver, NFL star, nine-time Pro Bowler and Boys & Girls Club Hall of Famer Tony Gonzalez, and wife of Chris Rock and charity founder Malaak Compton-Rock. In the end, there is only one rule in "Oprah's Big Give": YOU EITHER GIVE BIG OR YOU GO HOME. In every episode, the contestants must each find innovative and ingenious ways to impact the lives of strangers, or they risk elimination at the hands of the judging panel. As the episodes continue, the "gives" get even bigger, the guest stars get brighter and tensions mount, all culminating in the exciting series finale where The Biggest Giver will become the biggest winner. What the contestants don't know — and only viewers do — is that Oprah Winfrey will surprise The Biggest Giver with a whopping $1 million prize."
As I watched the hour-long episode of “Oprah’s Big Give” on Sunday night, I had mixed emotions about the new show, luckily more positive than negative. First, I must admit, I do enjoy watching people make a difference in others' lives on reality television rather than the majority of these new "brainless" reality television shows. Second, as we all know, Oprah always has good intentions, as I am a huge fan of her work. However, although I am a fan of Oprah and her new show, I am somewhat skeptical of turning charity work into a race for big bucks.
While some of the contestants do seem to be deeply touched by their philanthropic work, whom I respect, others almost blatantly showed us their concern for the monetary reward at the end of the contest. I am almost certain the goal of this show is to inspire people to take action, which I am hoping it will do in significant amounts. But I do not want this show to give individuals' the wrong impression of taking action in peoples' lives. In reality, the majority of the time when you want to make a difference, there is sometimes more hard work involved and not as much recognition as portrayed on television. At the end of the day, there is usually no monetary reward but perhaps just a smile on another person's face.