Last week was a busy, busy, news week, so here’s Political Woman’s POV ….
Trump Jumps into the Republican Race for the Presidential Nomination
So is he in it to win it, or just in it? Probably one of the greatest showmen since P.T. Barnum, “the Donald” has entered the run for the White House. Before his potential voters are labeled, “Trump Chumps”, harken back to 1992, when businessman Ross Perot’s entry into the Presidential race cost George H.W. Bush the election. Perot resonated with the electorate, because he spoke to not only their fears, but their hopes for a better America. Perot’s comment about Bill Clinton’s constant reference to his governorship of Arkansas as bona fides to become president was priceless …” but I could say, you know, that I ran a small grocery store on the corner, therefore I extrapolate that into the fact that I can run Wal-Mart. That’s not true.”
Look for Trump to provide similar comic relief, but also touch similar chords. We are now seven years beyond the market and housing bubble crash of 2008, and the economy is still struggling under the weight and uncertainly of Obamacare, regulatory over-reach, a labor force with a record number of people who are NOT working, more part-time work being created than full time jobs (see the latest jobs report), the highest corporate income tax rate in the world, and on and on. Trump is speaking to the people who’ve lost their jobs to overseas competitors, as well as those who lose their jobs here at home replaced by visa holders a la Disney.
Trump will force issues and he’ll force fellow candidates to speak out as to where they stand on issues that matter to the voting public. He’ll bring a different dynamic to the race, and we can only wait for more abashedly remarks that I would call, “Trump-isms.”
Replacing Alexander with Alexandra
It speaks volumes of our government — the OPM is hacked by the Chinese, with a minimum of four million government employees’ personnel records compromised; no clear strategy to combat ISIS with several hundred more American “advisors” being sent to Iraq; TPA fast-track authority granted to the President, relating to a trade-agreement that 95% of the House and Senate members have yet to read — and now (drumroll please) Treasury Secretary Jack Lew announces that Alexander Hamilton, whose face has appeared on the $10 bill will be replaced with a yet-to-be-named woman, when the newly redesigned currency appears in 2020.
Pandering to the whiny, squeaky-wheel feminist special interest groups, the man who founded the American banking system as we know it, became its first Treasury Secretary, and was instrumental in getting the Constitution written and passed, will soon be keeping Shakespeare company in that now infamous group known as the “old, dead, white men.” As a woman, who remembers quite well the early feminism of Gloria Steinem and Betty Friedan, I say, when there’s a woman with the credentials of a Washington, Lincoln, Hamilton, Jackson, Grant or Franklin, whose decisions, action and leadership literally transformed this country and its history forever, then put her on our currency, not before.
Will or Won’t Greece Exit the Eurozone
As Greece’s long-running financial soap opera continues, resultant from the 2008 market crash, it’s getting down to the proverbial wire of June 30, whether Greece defaults and exits “grexits” the Eurozone or not. If you’re an investor in mutual funds that encompass European stocks and bonds, you’re probably on antacid tablets or on the phone with your investment advisor. While Greece’s economy is minute compared to the US’, Greece’s impact on the European economy is much more significant since the European Central Bank is holding/funding much of the Greek debt. As we are a global economy, the last time we went through a similar Greek drama, our stock market suffered financial declines. Our banks have exposure in Greece to the tune of approximately $32 billion, and our exposure to the Eurozone market is far, far greater not even counting the value of our exports. To read more on this subject click here and here.
So as Greek Prime Minister Alexis Tsipras heads to Brussels this week for talks on bailing out or bailing in Greece once again, we should pay a tad more attention than we usually do. Earlier this week, the UK Telegraph came out with this story, “It’s time to hold physical cash,” where the manager of one of Europe’s biggest bond funds is urging investors to keep cash under the mattress. Actually, I’m in the corner with another writer, Jeremy Warner, who warns a market correction will most likely be triggered by some unanticipated event, in other words, totally out of the blue. Just like in 2008. Lovely.
Shakespeare – Theater of the Absurd
Just when you thought Caitlyn or Rachel would win the award for when the new normal isn’t normal, along comes English teacher, Dana Dusbiber. She writes in The Washington Post Education blog (text can be found in this article), that her students shouldn’t have to read Shakespeare because other literature “better speaks to the needs of my very ethnically-diverse and wonderfully curious modern-day students.”
In the ancient days of my college years, I had to take an English literature course a part of the university’s then “core curriculum.” I chose “The Romantics,” which included works by Wordsworth, Coleridge, Lamb, Keats, Shelley, and Byron. I remember being scared to death of that course, and before I finished the semester, that English course was one of the best I had ever taken. And why? Because of the professor, whose name I’ve long forgotten. Three days a week for 45 minutes, he became lost in the world of the Romantics and took his students with him as he read verses and explained the tragedy of Margaret in “The Prelude,” and later the bawdiness of Byron’s “Don Juan.”
Imagine what Ms. Dusbiber could accomplish, and others like her to show her “ethnically-diverse” students through literature, that life today is not so very different than it was several hundred years ago. Instead, she is contributing to the meme now found in so many of our universities that courses are only relevant if they mirror life as we know it today, or what we experience in our own race, gender, and ethnicity. Having a diverse literature curriculum is good for all students, but for Ms. Dusbiber to omit Shakespeare from her course curriculum, whose writings influenced future generations of authors, dramatists and actors is “the most unkindest cut of all.”