HISTORY – Page 15 – LAS VEGAS REVIEWS AND VIEWS

NUCLEAR POWER

Audio-book Review
By Chet Yarbrough

(Blog:awalkingdelight)
Website: chetyarbrough.blog

Atomic Accidents: A History of Nuclear Meltdowns and Disasters

By James Mahaffey

Narrated by: Tom Weiner

Listening to Atomic Accidents, the first thing that comes to mind is point-of-view, second is author’s qualification, and third is writing ability. Mahaffey’s book is historically fascinating, and enlightening. And happily, Mahaffey writes well.

Doctor James Mahaffey’s professional career is founded on the nuclear industry. Educated at the Georgia Institute of Technology, Mahaffey holds a bachelor’s degree in physics, a master’s in science, and a doctoral in nuclear engineering.

Mahaffey is well versed in the science, engineering, and mechanics of nuclear energy. Because of education, one presumes Mahaffey is a proponent of the nuclear power industry. After dissection of several atomic accidents, a listener becomes unsure of Mahaffey’s point of view. By the end, his point of view is clear.

nagasaki bombing aftermath — The best known nukes, Big Boy and Little Boy, were dropped on Hiroshima and Nagasaki at the end of WWII.

America has dropped and lost nuclear bombs around the world. The best known nukes, Big Boy and Little Boy, were dropped on Hiroshima and Nagasaki at the end of WWII.

Less known bomb drops were in peace time. Nukes were accidentally released on remote military bases, in sparsely populated residential areas, and in the sea. Some of those dropped in the sea remain unrecoverable. None of the peace time bombs exploded.

America chose to keep nuclear secrets from Great Britain after WWII because of concern over nuclear bomb proliferation. Because of America’s secrecy and lack of cooperation, Mahaffey suggests design mistakes were made.

In reviewing the history of nuclear energy, Mahaffey notes English scientists and engineers designed graphite nuclear power plants that were inherently dangerous. Graphite catches fire at high temperatures and is notoriously hard to extinguish. However, graphite nuclear plants became widely copied throughout the world.

Mahaffey’s stories of nuclear mishaps range from dumb to dumber; i.e. from wind fans that feed graphite nuclear plant fires to technicians that ignore rules of reactor management. Nuclear accidents seem inevitable and insurmountable.

CHERNOBYL NUCLEAR REACTOR (e.g. A FAMOUS GRAPHITE REACTOR ACCIDENT.) — CHERNOBYL NUCLEAR REACTOR ( Chernobyl is an example of a major graphite nuclear reactor failure.)

Mahaffey explains that the former U.S.S.R. ignored environment in their nuclear bombs race with America. They dumped plutonium in Russian waters and blew up a graphite nuclear plant that killed Russian workers in a steam explosion. The explosion contaminated miles of Russian homeland with radioactive fallout.

Later, the U.S.S.R. mismanaged Chernobyl’s nuclear facilities and created a nuclear meltdown that reportedly killed over 60 people from radiation and left an area of Russia uninhabitable for generations to come.

FRANCIS GARY POWERS (1929-1977, CAPTAIN IN THE US AIR FORCE, SHOT DOWN OVER RUSSIA IN 1960 AND HELD PRISONER FOR 2 YEARS) — FRANCIS GARY POWERS (1929-1977)

Mahaffey tells the story of the American, Gary Powers, the pilot shot down by the Russians in the 1950s. Powers is taking aerial pictures of plutonium manufacturing facilities in the U.S.S.R. Eisenhower is compelled to lie and then apologize to Russia for the clandestine operation. Mahaffey makes the story interesting by revealing the monumental effort made by the U.S.S.R. to shoot down Powers’ airplane and reassemble plane parts to prove Powers was spying.

FRANCIS GARY POWERS (DIES IN HELECOPTER CRASH WORKING AS KNBC WEATHER PILOT) — FRANCIS GARY POWERS (DIES IN A 1977 HELECOPTER CRASH WORKING AS KNBC WEATHER PILOT)

In the end, Mahaffey discounts the many nuclear accidents and incidents he examines. His conclusion is that nuclear power can be made probabilistically safe. Mahaffey argues for the design of nuclear energy facilities that are small and simple to operate. He suggests that small nuclear power plants be designed and manufactured for specific industrial facilities.

Rolls Royce is entering the nuclear facilities market in Great Britain. Small nuclear plants could meet industrial energy demands while limiting environmental carbon emission from other sources of energy Rolls Royce Small Nuclear Plant Production

With small nuclear energy plants, the potential for catastrophic Chernobyl-like’ events would not happen. The massive underwater earthquake and tsunami would not have decimated Japan’s nuclear energy capability if the power plants had not been so massive and concentrated on the coast.

Mahaffey implies proper design and training for small, simple nuclear energy facilities will mitigate the world energy crises. Mahaffey infers nuclear accidents are unavoidable, but human and environmental damage is minimized with smaller nuclear energy plants.

Rolls-Royce recently (in November 2021) announced they are getting into the small nuclear reactor business.

Mahaffey explains that radiation is a naturally occurring phenomenon. He argues that shutting down nuclear waste disposal facilities like Yucca Mountain in Nevada are a mistake. Many in Las Vegas oppose President Trump’s resurrection of the Yucca Mountain waste site.

Mahaffey’s point of view is that nuclear power accidents will happen but their consequences can be minimized with smaller plants and better planning for treatment of victims when accidents occur. He believes nuclear energy benefits far out weigh their risks.

The 2020 Presidential election is over. President Biden’s campaign speaks to America’s gradual transition from fossil fuels to wind, water, and solar power. That transition is a potential source for thousands of new American jobs. Mahaffey persuasively argues there should be a place for nuclear energy in that transition.

UNWINDING EXTREMES

Audio-book Review
By Chet Yarbrough

(Blog:awalkingdelight)
Website: chetyarbrough.blog

The Unwinding: An Inner History of the New America

By George Packer

Narrated by Robert Fass

GEORGE PACKER (AUTHOR) George Parker drives a stake into America’s heart in “The Unwinding”.

George Parker drives a stake into America’s heart in “The Unwinding”. One listening to “The Unwinding” comes away in anger, fear, and frustration—whether a Republican, Democrat, Tea Partyer, or Libertarian.

Whether a believer in unfettered free enterprise or limited government, Packer offers stories that show America is a troubled land of opportunity. It has become a land of greed; not of the free but of the shackled—a risk noted by Thomas Hobbes in the “Leviathan”.

America is changing Presidents in 2021. Will anything change? Joe Biden represents a history of government organization and regulation. Donald Trump represents destruction of government organization and regulation. It seems a choice between compromise and anarchy.

The shackles come from society’s failure to protect individuals from the tyranny of special interests. One side argues–free enterprise is shackled by too much government; the other side argues–not enough government protects the general public.

America’s initial response to the coronaviris illustrates how far America has fallen. “Dollars and cents” government supplanted “common sense” government in President Trump’s initial preparation for the covid 19 pandemic.

Parker’s stories of people with great wealth, like Sam Walton, or poverty, like Tammy Thomas, or escape from poverty, like Jay-Z and Oprah Winfrey, or invention, like Peter Thiel, Max Levchin, and Elon Musk, or political success, like Colin Powell and Barack Obama, or entrepreneurial ambition, like Dean Price, or political ambition like Jeff Connaguhton–all seem failures, either in morals or self-fulfillment.

ENTREPRENEUR, START-UP MAVEN FOR ELECTRIC CARS AND SPACE CRAFTS

PETER THIEL (COFOUNDED PAYPAL WITH MAX LEVCHIN) — ENTREPRENEUR, START-UP MAVEN FOR ELECTRIC CARS AND SPACE CRAFTS

Sam Walton becomes one of the wealthiest people in the world by creating a marketing behemoth that offers low consumer prices but drives small business entrepreneurs out of business. Walton offers great prices by buying in bulk and selling in volume with lower margins, partly produced by low wage workers. On the one hand it is a bargain for the consumer; on the other hand it destroys competition and reduces family incomes.

AMERICAN MANUFACTURING JOBS (Many lose their jobs when companies are purchased by conglomerates that dismantle the business, out-source product development, and reduce employment by offering buyouts to higher paid long-term employees–all to provide profits to investors.)

Tammy Thomas, born and raised in Youngstown, Ohio, worked in one industry for the majority of her life. She lost her job when the company she worked for was purchased by a conglomerate that dismantled the business, out-sourced product development, and reduced employment by offering buyouts to higher paid long-term employees–all to provide profits to conglomerate’ investors.

JAY-Z (BUSINESS MOGUL, ENTERTAINER)

Jay-Z and Oprah Winfrey overcame poverty and the degradation of living in squalid slums by capitalizing on their unique abilities and life stories, stories that reflect on the huge disparity between rich and poor. Born into poverty; they unquestionably achieved success for themselves, but left behind a population with poorer and poorer prospects of escape.

OPRAH WINFREY (AMERICAN MEDIA MOGUL)

Peter Thiel and Max Levchin capitalize on the tech boom. Peter Thiel becomes a billionaire through entrepreneurial skill. However, the consequence of market collapse from financial derivatives affects even Thiel’s wealth. Thiel remains in the privileged 1% but Parker infers Thiel turns his attention to dismantling American government with greater reliance on free enterprise.

Senator Jeff Connaughton experiences both sides of America’s schizophrenia. Connaughton began as a political operative, left government to become a millionaire lobbyist, and returned to government when the derivative crises reduced his net worth.

(US SENATOR, FORMER LOBBYIST, FORMER WHITE HOUSE LAWYER, AND SENATE AIDE FOR JOE BIDEN BEFORE 2009)

Connaughton’s reaction to the financial crisis differs from Theil’s, in part because of the monumental wealth difference, but also because of their different journeys to wealth. They equally revile the influence of money in government but Connaughton believes government regulation can be effective while Theil, a Libertarian, believes government regulation is the bane of democratic society.

Parker tells the story of Dean Price. Price, a young Republican turned Libertarian (though he voted for Obama) believes America is the land of opportunity. He struggles, works hard, achieves success, fails, starts over, seems on the road to recovery, and fails again. Price buys into the American Dream by reading Napoleon Hill’s book “Think and Grow Rich”. He believes–if he can dream it, it can happen.

DEAN PRICE (HALF OWNER OF RED BIRCH ENERGY)

Life choices get into Price’s way. His financial problems mount to the point of losing his ownership interest in Red Birch Energy. Price files for bankruptcy and is faced with starting over.

Price experiences rising gasoline prices and buys into the bio fuel movement of the 21^st century. He starts a company called Red Birch Energy after selling a small fast food chain that he began from nothing. As a part of his original start-up, Price built a fuel discount truck stop on his family farm with one of his restaurants as an anchor. He takes on partners for engineering and additional financing for bio fuel equipment and farmed canola grain for the production of bio fuel. With rising oil prices, turmoil in the Middle East, and Obama’s election, it appears Price is on the road to great success.

Price takes advantage of his partners by not fully explaining his conflicts of interest in using bio fuels in his own truck stop to stave off collapse of his personal business. His financial problems mount to the point of losing his ownership interest in Red Birch Energy. Price files for bankruptcy and is faced with starting over.

COLIN POWELL (AMERICAN STATESMAN-RETIRED FOUR-STAR GENERAL) Powell became the poster child of black Republicans, only to have his reputation destroyed by endorsement of false reports about WMD that compelled the United States to invade Iraq.

Obama’s reputation for change appears a lie as much as a truth. Government decisions to let bank’ decision-makers escape prosecution galls every American damaged by the financial crises of 2007-2008. Obama’s unwinding of the financial crises ultimately succeeded but greed remains an alloyed characteristic of American democracy.

President Barack Obama (2009-2017)

Price brings his stories together in the “tea party” and “occupy wall street” movements. The growing distrust of government and burgeoning anti-government beliefs raises hackles and stokes fires of two political extremes. The “tea party” movement wants less government regulation. The “occupy wall street” demonstrators infer they want more government regulation. The extremes are exhibited as Libertarian on one side and Marxist on the other.

Libertarians like Theil want to minimize government intervention in the private sector, including government control of education. “Occupy wall street” followers want government intervention, subsidization of education, and universal health coverage to equalize opportunity for lower and middle class Americans.

“Tea party” followers want less government while “occupy wall street” factions what more effective and protective government.

American democracy is the politics of extremes with each extreme using whatever means necessary to deny success of prudent legislation. The consequence is a “do-nothing” congress and an ineffectual President.

The unwinding of the financial crises in the dot-com bubble of 2000-2001 and the 2007-08 subprime mortgage crises unfolds in the many stories told by Packer in this disturbing narrative. (America’s early response to the coronavirus is similarly disturbing.)

Rand Paul (Kentucky Senator)

A professed Libertarian delays emergency funds to fight the Covid-19 pandemic by demanding an amendment. The amendment is widely understood to be be voted down, but will delay approval.

America is a nation of extremes with each extreme using whatever means necessary to thwart or delay prudent action. The initial consequence of these extremes is a “do-nothing” congress and an ineffectual President.

One is left with fear, anger, and frustration after completing “The Unwinding”. The only consolation is in America’s history of (somehow) overcoming crises. America has been in crises before–in 1776, 1789, 1865, 1929, 1941, 1951, 1967-68, 2001, and 2008. We will survive the 2020 pandemic.

A PHILOSOPHY OF LIFE

Audio-book Review
By Chet Yarbrough

(Blog:awalkingdelight)
Website: chetyarbrough.blog

The Complete Essays of Montaigne

By: Michel Eyquem de Montaigne, Donald M. Frame (translator)

Narrated by Christopher Lane

Michel Eyquem de Montaigne, a sixteenth century philosopher and writer, wrote and re-wrote “Essays”, originally published in the 1580s. Essay was a new form of writing. Montaigne’s subject is the philosophy of life and death.

Montaigne writes his collection of essays while cloistered in a château in southwest France. Donald Frame translates and compiles three volumes of Montaigne’ essays into one book–“The Complete Essays of Montaigne”, first published in 1957.

Montaigne, born into a family of wealth, affords the luxury of time for personal reflection and contemplation. Not surprisingly, Aristotle wrote that life depends upon awareness and the power of contemplation. In one respect, this quiet life is a contradiction in Montaigne’s philosophy. Montaigne reflects on history and ancient times to explain how life should be lived when his life seems a shadow of most people’s reality, the reality of a day-to-day fight for survival. There is reader skepticism about the 1% life of Montaigne versus the 99% life of most people.

Montaigne, with great family wealth and a storied education, becomes a Mayor of Bordeaux. He draws on a privileged life and recorded lives of great philosophers and leaders to create insight about lives of those that “do”, and have little time, or no time, to contemplate.

ELITISM — Montaigne is modest about his erudition but there is an elitist odor that clings to his self-effacing commentary.

Montaigne suggests the appeal of his essays lies in the middle of the human population. Montaigne suggests the in-between are those who are not highly intelligent, who are abysmally ignorant; preferentially plebeian, and ordinary. In other words, people of course nature and manner, like this critic. In spite of this elitist leaning, the wisdom noted in Monsieur Montaigne’s essays is enlightening.

This is a one thousand page journey with something for everyone. Montaigne suggests humans need to embrace life and eschew tragic interpretations of death. Life and death are only stories of being. Death is inevitable and should not be feared. Death should be embraced like life; it is merely a final act, a denouement of life; well or poorly lived. In Montaigne’s opinion there are justifications for ending one’s life volitionally but only for valued reason.

LIFE AND DEATH — Montaigne suggests humans need to embrace life and eschew tragic interpretations of death. Death should be embraced like life; it is merely a final act, a denouement of life; well or poorly lived.

euthanasia — The interpretation of justification and value are lines un-clearly drawn by Montaigne.

Montaigne suggests women may choose to kill themselves rather than be raped. Men may choose to kill themselves and murder their families to avoid enslavement by an enemy. The defeated may kill themselves if mortally ill or wounded. To Montaigne, euthanasia is permissible at death’s door. Today, the lines are only slightly more clearly drawn and only in a few of the American States (like Washington, Oregon, Montana, Vermont, and California).

EPICURUS (341 BCE-270BCE).jpg died at age 72 — EPICURUS (341 BCE-270BCE). Founder of one who believes living life is meant to be the pursuit of pleasure.

Montaigne is Epicurean in the sense that he believes living life is meant to be a pursuit of pleasure. However, the pursuit of pleasure is not defined by money, power, or prestige. Those pleasures are diminished by their attainment because they are insatiable human desires.

HUMAN NATURE HANDCUFFS — “Not-needed” things become human’ handcuffs. Life becomes an unending accumulation of things that fail to satiate desire.

When one makes more money than needed to sustain life, he/she buys more of what is not needed. Those “not-needed” things become human’ handcuffs. Owners worry about losing things; worry about replacing things; worry about keeping up with neighbors. Life becomes an unending accumulation of things that fail to satiate desire.

Power never rests. Power is always moving like an electron around a nucleus of followers. Leaders are enslaved by followers.

Leaders worry about followers, worry about competition for position, worry about their place in history; they die alone just like every human being. Power is an ephemeral pleasure that never rests in one place.

LEADERSHIP — Leaders with power are targets for support or destruction. Power is an ephemeral pleasure that never rests in one place.

Prestige comes from respect of fellow human beings. It is outside the control of the seekers or the chosen; it is limited by the opinion of others; it changes like the direction of the wind or the habits of the culture within which one lives.

PRESIDENTS 4 — Life is not an either/or proposition despite Kierkegaard’s philosophy. Humans are good and bad; no one is totally one or the other–not even America’s challenged leaders.

Montaigne disdains habit because it contains un-grounded reason that distorts nature.

Montaigne attacks cultural shibboleths that are based on unfounded reason. Because one says the earth is the center of the universe does not make it so but a universe of fiction may grow around a culture of mysticism that defies the natural state of being. Montaigne insists on skepticism when confronted with culturally reinforced habit that is not bound by nature.

MirrorWhoAmIWoman — To Montaigne, pleasure lies in self-understanding; doing what one is best at; and letting go of life when it fails to improve self-understanding or keeps one from valuing existence.

Pleasure lies in self-understanding; doing what one is best at; and letting go of life when it fails to improve self-understanding or keeps one from valuing existence. Montaigne cites many ancient philosophers like Plato, Aristotle, Epicurus, and Lucretius that reinforce his arguments.

Plato drives the point of virtue as the human characteristic of doing what one is best at doing. Montaigne notes that both Plato and Aristotle emphasize the importance of education for self-understanding. Self-understanding inures to the benefit of humankind by revealing to each what they are best at and giving them tools (through education) to be the best they can be. Montaigne insists on learning; not rote memorization, but clear understanding. Montaigne argues that it is not reciting what someone has said but understanding what is meant by what is said. This is a somewhat ironic statement in view of Montaigne’s voluminous quotes from dead philosophers.

EDUCATION — Montaigne infers education opens all doors to self-understanding and the pleasures of a good life and honorable death.

Montaigne reflects on his upbringing and his Father’s drive to educate his son by making Latin Montaigne’s first language, the language of scholarship in the 16^th century. Montaigne did not only live the life of a scholar. He was elected mayor of Bordeaux before retiring to his cloistered existence as a writer of the “…Essays…” Montaigne applauds his father for providing him an education and infers that every family is obligated to support education of their children.

Montaigne died from complications of tonsillitis at the age of 59. Frame’s translation of Montaigne’s essays offers a philosophy of life in a horse-size pill. It encourages the old but escapes the young because life happens too fast.

As George Bernard Shaw notes, youth is wasted on the young; probably because they are too busy for contemplation. “The Complete Essays of Montaigne” is an insightful guide for the conduct of life and the acceptance of death.

SOVEREIGNTY

Audio-book Review
By Chet Yarbrough

(Blog:awalkingdelight)
Website: chetyarbrough.blog

The Origins of Political Order: From Prehuman Times to the French Revolution

Written by: Francis Fukuyama

Narrated by: Jonathan Davis

FRANCIS FUKUYAMA (AMERICAN POLITICAL SCIENTIST, POLITCAL ECONOMIST, AND AUTHOR) — FRANCIS FUKUYAMA (AMERICAN POLITICAL SCIENTIST, POLITICAL ECONOMIST, AND AUTHOR)

Francis Fukuyama’s analysis of state and government formation is both insightful and politically actionable. In “The Origins of Political Order” and “Political Order and Political Decay” Fukuyama provides a basis for understanding politics and its contribution to society.

THOMAS HOBBES (1588-1679) Hobbes generally considered humankind to be both good and evil with a need for regulation of his/her evil instincts through government.

In previous book reviews, references have been made to Thomas Hobbes’ theory of the nature of man. Hobbes generally considered humankind to be both good and evil with a need for regulation of his/her evil instincts through government. He identifies government as “The Leviathan”. Hobbes suggests “The condition of man…is a condition of war of everyone against everyone”.

PREHISTORIC HUMAN KIND — Fukuyama finds a singular and significant flaw in Hobbes’ observation. From the beginning of time, humans associated with other humans to survive the brutish nature of life. He suggests humans are by nature violent with that violence becoming ingrained as a societal meme to cope with the exigencies of life. Fukuyama goes on to suggest violence and change are intertwined.

Fukuyama finds a singular and significant flaw in Hobbes’ observation. Though Fukuyama may agree with Hobbes’ view of individual humans, he tempers it by noting humans have always been social beings. From the beginning of time, humans associated with other humans to survive the brutish nature of life. He suggests humans are by nature violent with that violence becoming ingrained as a societal meme to cope with the exigencies of life. Fukuyama goes on to suggest violence and change are intertwined.

The significance of humans as societal creatures is that governments are formed by dominant tribes. Politics is the language of tribes negotiating with each other to preserve status. However, Fukuyama notes that cultural norms are dramatically different in governments that evolve over time. These cultural differences play out in the history of Russia, China, France, Great Britain, Italy, America, the countries of Africa, and the Middle East.

world map — Fukuyama notes cultural differences play out in the history of Russia, China, France, Great Britain, Italy, America, the countries of Africa, and the Middle East.

RELIGIOUS BELIEF — A counter-intuitive note by Fukuyama is that religion plays a significant role in civilizing, rationalizing, and establishing state governments.

A counter-intuitive note by Fukuyama is that religion plays a significant role in civilizing, rationalizing, and establishing state governments. It is counter-intuitive because it seems in the present-day religion is tearing the world apart. However, in the context of history, the size of tribes within countries hugely increases with the spread of religion. Religion becomes a cultural phenomenon that ameliorates (but does not eliminate) violence among different tribes within wider territories that evolve into nation-states.

Fukuyama implies nation-state development is a living organism that evolves in the manner of natural selection identified by Darwin in the “Origin of Species”. Characteristics of effective governments perpetuate themselves through adaptation to respective societal norms. In other words, every society grows via its own cultural norms which suggests sovereignty should be inviolable.

Fukuyama is saying that American democracy, Chinese socialism, Russian federation, India democracy or any other system of government will be different because of their social history. In other words, India may be classified as the world’s largest democracy but not as an American democracy because of its different societal norms.

WORLD WIDE WEB — Can the World Wide Web, the growth of science, and recognition of environmental interdependence overcome the nationalist stupidity of government leaders?

In one sense, the complexity of Fukuyama’s theory makes one less optimistic about the future of the world. What can take the place of religion to meld societies into a common tribe? Can the World Wide Web, the growth of science, and recognition of environmental interdependence overcome the nationalist stupidity of government leaders?

If Trump, Putin, al-Baghdadi, and Kim Jong-un represent the future, the answer is no. On the other hand, one may argue survival of humans is dependent on experimentation by governments, enhanced by nation-state societal differences.

Just as one species evolves into an improved human, one species of government may evolve into an improved government (presuming humans survive an interregnum).

POLITICAL LOSERS/WINNERS

Audio-book Review
By Chet Yarbrough

(Blog:awalkingdelight)
Website: chetyarbrough.blog

On the Brink
By Henry M. Paulson, Jr.

Narrated by Dan Woren

HENRY PAULSON (U.S. SEC. OF THE TREASURY 2006-2009)

Crisis reveals human strength and weakness. Perception is not reality, but Henry Paulson, the former Treasurer of the United States, names names and paints pictures of (mostly) men in the 2007/2008 financial crisis. In his analysis, there are political losers and winners.

How will America’s response to the Covid-19 pandemic be recalled?

This close political race will have a winner and loser. With such a close political race, the loser will be America. Divisiveness and ideological difference will remain a major obstacle in formulating foreign and domestic policy. Covid 19 will run its course. The concern is in not having a pragmatic or politically articulate President who can lead America over the next four years.

GEORGE WALKER BUSH (43RD PRES. OF THE UNITED STATES) Paulson characterizes Bush as a pragmatist who acts on recommendations from people he trusts.

Paulson reveals himself as a Christian Scientist, a pragmatist, and enigmatically, a somewhat left-of-center, presumably Republican, liberal. Paulson suggests a Republican left-of-center lean when writing about his mother and wife’s reluctance for him to take the Department of the Treasury position in the Bush administration. (Paulson’s mother strongly supported Hillary Clinton for President.)

Interestingly, Paulson characterizes George Bush as an equally pragmatic, non-ideological decision maker. Differences between the two are in the details; i.e. Paulson analyzes his own and other experts’ details and presents informed alternatives and recommendations while Bush acts on recommendations from people he trusts.

BEN BERNANKE (CHAIRMAN OF THE FEDERAL RESERVE 2006-2014) Paulson characterizes Ben Bernanke as a brilliant financial advisor, participant, and ally in supporting and executing complex rescue plans for a financial system nearing default.

TIMOTHY GEITHNER (U.S. SECRETARY OF THE TREASURY 2009-2013) Tim Geitner is shown as a team player that bridges the divide between political and administrative decision-making when plans are formed to rescue Fannie Mae, Freddy Mac, and AIG.

Rahm Emanuel is described as an effective political organization man who is able to get things done in a highly political environment.

Jaimie Dimon (CEO of JPMorgan Chase.)

Dimon is characterized as a rationale business man who is willing to take a risk for the benefit of more than his own aggrandizement.

John Thain seems a competent manager in crisis that makes the best of a terrible situation by moving rapidly to sell Merrill Lynch to B of A before total collapse.

SARAH PALIN (FORMER V.P. NOMINEE, FORMER GOVERNOR OF ALASKA)

Some crisis profiles shown by Paulson are less complementary. Sarah Palin comes across as a decision maker driven by politics rather than pragmatic results.

John McCain (1936-2018, Former U.S. Senator for Arizona.)

John McCain seems to gravitate to Palin’s perception of reality by political posturing for election results rather than pragmatic solutions for the financial crisis. Jim Bunning, the former baseball player and House of Representative’s Republican, is shown to be an ideologically driven populist extremist.

RICHARD FULD (FORMER CEO LEHMAN BROTHERS)

Richard Fuld seems arrogantly delusional about Lehman Brothers’ assets and an ineffective manager in crises.

Ken Lewis (Former CEO of Bank of America)

Lewis appears Machiavellian in grabbing what he thinks are the best and rejecting what he thinks are the worst financial risks in America’s near economic collapse.

Paulson reinforces perceptions of Barack Obama as a smart guy that grasps the big picture; ditto for Barney Frank, and Lindsey Graham but less so for Christopher Dodd.

Paulson reinforces perceptions of Barack Obama as a smart guy that grasps the big picture; ditto for Barney Frank, and Lindsey Graham but less so for Christopher Dodd.

Paulson suggests that Republican Senator Shelby can drive his point and take control when pushed to act but ideological belief seems to constrain proactive action in the financial crises. Senator Reid is shown to be a consummate, seasoned political manager in the Senate and Nancy Pelosi an equally dynamic oldster in the House of Representatives.

JOHN BOEHNER (FORMER SPEAKER OF THE HOUSE) Paulson suggests Boehner is unable to lead his Republican constituency and seems awkwardly suited for either a minority or majority Speaker of the House position.

In contrast, Representative Boehner is unable to lead his Republican constituency and seems awkwardly suited for either a minority or majority Speaker of the House position.

It seems today the decisions made by Bush, Paulson, Bernanke, Geitner, and Congress were correct. After listening to Paulson’s book, one appreciates these civil servants hard work in doing the right thing. Today is too soon to tell but Paulson gives outsiders a fascinating glimpse of people making a difference when a nation is in crisis.

One wonders who the political losers and winners will be in today’s immigration, world trade, Covid-19 pandemic, and budget deficit crises.

RISE AND FALL

Audio-book Review
By Chet Yarbrough

(Blog:awalkingdelight)
Website: chetyarbrough.blog

Asabiyyah: What Ibn Khaldun, the Islamic Father of Social Science, Can Teach Us About the World Today

Written by: Ed West

Narrated by: P. J. Ochlan

ED WEST (ENGLISH AUTHOR, JOURNALIST, BLOGGER)

IBN KHALDUN (STATUARY SYMBOL OF ISLAMIC HISTORIAN BORN 1332, DIED 1406 AT 73 YEARS OF AGE.)

Ed West offers a brief introduction to the life of an ancient historian. His name is Ibn Khaldun. Khaldun describes the first known evolutionary theory of human origin. West also notes this 14^th century scholar creates the first known socio/political theory of the rise and fall of civilizations.

Khaldun explains life’s origin as a aggregation of chemicals and minerals that create organic life and, in turn, evolve into different species.

West notes that Khaldun suggests humankind evolved from monkeys. This is four centuries before Darwin’s “Origin of Species”.

Ibn Khaldun is considered by some to be the first person to write foundational theories for modern sociology, economics, and demography. West notes that Khaldun explains how nations are formed, maintained, and destroyed by sociological, economic, and demographic forces.

Khaldun offers counsel to the great conqueror, Amir Timur (aka Tammerlane), who plans to resurrect the 13^th century Mongol empire built by Genghis Khan.

TIMUR AKA TAMMERLANE IS COUNCELED BY IBN KHALDUN (1336-1405–(Timur is said to have caused the death of over 17 million people in the effort.)

West suggests that Khaldun explains how Timur and other rulers, from the Roman empire to Genghis Kahn to Timur successfully conquered great areas of the known world. His explanation is “Asabiyyah” (aas-sah-bee-ah), a theory that all successful conquerors establish a social environment that creates solidarity among a group of people sharing understanding, purpose, and achievement.

West explains that Khaldun expands “Asabiyyah” to a theory of civilization’s rise and fall. Humans proliferate based on family affiliations. Religion widens family relationships to create tribes. Tribes become a congregation of different families with common beliefs. Tribes come into conflict and eventual settlements that grow into larger groups based on evolved common beliefs.

At each step of widening common interest, a leader rises from the ranks. With an accretion of social ties, villages, towns, and cities are formed with a leader at its head. As the ties that bind continue to expand, nation-states are formed.

Ibn Khaldun’s explanation is “Asabiyyah”, a theory that all successful conquerors establish a social environment that creates solidarity among a group of people through shared understanding, purpose, and achievement.

West shows that Khaldun goes on to explain how civilizations decline. First, Khaldun notes that sons and daughters of great leaders rarely exceed their parent’s leadership success. Khaldun posits the current social and scientific belief of “reversion to a mean”.

Each subsequent offspring of a great leader comes closer to the average of a civilization’s population. Leadership diminishes in succeeding generations.

Second, Khaldun suggests diminished common beliefs lessen a civilization’s cohesion. Religious differences rise, economic circumstances change, social groups fracture, family ties reassert themselves as ties that are more important than community. The example that Khaldun gives is Rome’s decline as a world power. West suggests the same may be said of the United Kingdom’s decline.

Has the American Dream become a lie few believe in? Are elected officials withdrawing to their families at the expense of nation-state’ leadership?

West’s “Asabiyyah” makes one think of America. Does today’s political conflict reflect diminishment of commonly held nation-state belief? Is the increasing gap between rich and poor destroying the social fabric of America? Is the divisiveness of former President Trump a reflection of a nation in decline?

Is nationalism dead, or are we crossing a threshold where the principals of nation-state need to be expanded to include a wider community? Is the next step reflected by the E.U. or some similar congregation of nation-states?

According to West, Khaldun believes nationalism is critically important for a civilization to remain strong. In the time of Khaldun, there was no vehicle for common beliefs except a leader’s influence over conquered nations.

Today, there is an internet. It seems the human family may once again be expanded. Nation-states may not be prepared for “space-ship-earth” but there may be an interim step.

That interim step was tried during the cold war with the U.S.S.R. It failed. The E.U. is facing challenges today.

Trump’s America is regressing from comity to disparity with emphasis on making itself great again. A leading question today is whether civilizations are competing to be in decline or ascendance?

Of course, leadership is key to any future. Right now, there seem few leaders that can make civilizations grow beyond their borders. Khaldun seems as relevant today as he was in the 4^th and early 5^th centuries.

WONDER OF THE WORLD

Audio-book Review
By Chet Yarbrough

(Blog:awalkingdelight)
Website: chetyarbrough.com

Knocking on Heaven’s Door
By Lisa Randall

Narrated by Carrington MacDuffie

LISA RANDALL (AMERICAN THEORETICAL PHYSICIST)

Lisa Randall believes the Large Hadron Collider (LHC) is one of the wonders of the world; competing with the pyramids of Egypt in its colossal achievement. Located near the border of France and Switzerland, it is the largest construction project ever built.

“Knocking on Heaven’s Door” is the story of the Collider’s creation, inner workings, and scientific objectives. Along the way, Randall explores physics, sciences conflict with religion, the process of scientific research, and somewhat ineptly, the near economic collapse of the financial world in 2007.

LHC MAP SHOWING CERN SITE — “Knocking on Heaven’s Door” inspires one to visit the site, near Geneva, Switzerland. Randall’s description is of a 17 mile tunnel that is the coldest and largest vacuum on earth, capable of hurtling particles near the speed of light to collide neutrons that are meant to separate into constituent parts.

Randall’s information about LHC inspires one to visit the site, near Geneva, Switzerland. Her description is of a 17 mile tunnel that is the coldest and largest vacuum on earth, capable of hurtling particles near the speed of light to collide neutrons that are meant to separate into constituent parts. The idea of such a creation challenges one’s understanding; its reality is remarkable. How is it possible to control a neutron? What is the point of causing neutron collisions? Why should anyone care about particles of matter that cannot be seen?

Randall, as a physicist, does a fairly good job of answering those questions for a non-scientist. Neutrons are a chosen accelerator particle because they are divisible. Neutron control is exercised by magnets around an elliptical tunnel that contain accelerating neutrons within a super cooled vacuum that pushes and pulls neutrons to keep them in line.

Neutrons are particles made up of smaller elements, scientifically confirmed through repeated experiments. The makeup of a neutron was found by forcing collisions between neutrons that broke into separate elements. However, not all parts of a neutron have been experimentally identified. Einstein’s balance between energy and mass multiplied by the speed of light squared shows an imbalance between known elements of a neutron and a neutron’s mass/energy equivalence. The imbalance may be the Higgs-boson particle.

This is where the picture gets a little fuzzy for the dim-witted (meaning this reviewer). The Higgs-boson particle is sometimes called the God particle. It is surmised to be the glue or medium of mass in the universe; i.e. the key to dark matter and energy that make up 75% of the known universe.

The consequence of finding Higgs-boson is unknown which is the bête noire of pure science. Scientists seek to know for the sake of knowledge; not necessarily for its practical consequence. Is it important? Was Einstein’s pure science important? Hiroshima and Nagasaki answer that query.

As is well-known, Higgs-boson has been discovered. HIGGS-BOSON DISCOVERY

A quibble one may have with Randall’s book is that she digresses into derivative finance to suggest that more scientific analysis would obviate the kind of financial disaster that occurred in 2007. She suggests that proper analysis of the risk of derivatives would have stopped the madness. The naivete of that argument is that there were only a few that saw the collapse coming. Scientific analysis only convinces some. The history of politics, ignorance, and power are shown to have more influence than science or rational thinking.

TRUMP AND CLIMATE CHANGE — The President of the United States believes he is acting rationally by ignoring science and deregulating industries believed to be huge contributors to global warming.

How different is expert analysis from the scientific community on global warming. Scientific analysis misses part of what makes human’s human; i.e. minds can know something and still act irrationally; not to mention, rationality is often in the mind of the beholder. The President of the United States believes he is acting rationally by ignoring science and deregulating industries believed to be huge contributors to global warming. Randal admits as much in writing about beauty and truth and clearly notes that they are not necessarily equivalent because of human subjectivity.

Randall convinces one of the formidableness of LHC and the potential of its contribution to science. America may have missed a chance to be a leader rather than follower of one of the great contributions to science, the Large Hadron Collider.

FREDERICK DOUGLASS

Audio-book Review
By Chet Yarbrough

(Blog:awalkingdelight)
Website: chetyarbrough.blog

Narrative of the Life of Frederick Douglass

By Frederick Douglass

Narrated by Walter Covell

“Narrative of the Life of Frederick Douglass” is an original source of history; i.e. words written by a man ahead of his time who acted on new-found knowledge and lived to write about it.

One may question the veracity of Douglass’s words but the truth of his experience is corroborated by reports of others of his time and by America’s history of Black revolution.

Douglass was a slave in the early 19^th century, 30 years before the civil war. He became a self-taught reader/writer and scholar, reporting on himself as “a slave become free”.

Slavery and racial prejudice are truths of American history. Resistance is made real in Douglass’s auto biography. Racial prejudice remains evident in today’s memory of the Watt’s riots and Black Panther movement of the 1960s.

Frederick Douglass was a canary in a coal mine that presaged the future of slavery and resistance to unequal treatment in the United States. His experience in 1820’s Maryland is the experience of Black militancy in the 1960s.

Advances in racial equality could only be started through education. However, Douglass infers that some level of violence is inherent in the drive for equality.

He recounts his physical resistance to the abuse of an overseer when he is near 16 years of age. The quality of resistance seems like that of a younger brother that becomes too big to be abused by an older brother that has been able to control his sibling’s behavior.

It is more complex in Douglass’s explanation because the overseer may also have been trying to maintain his reputation as a reformer of recalcitrant slaves. Any hint of physical resistance would be a strike against the overseer’s reputation.

Slave Family In Cotton Field near Savannah

Douglass goes on to explain that physical abuse is only one of many ways that unequal treatment was reinforced by a white majority; e.g. slave owners refusal to educate slaves, slave owners withholding of food and clothing, slave owners sexual exploitation of slave women; more ways than can be counted, seen, or understood.

Douglass, like Colin Kaepernick, is not condoning violence but his story is a reality check on the consequence of resistance to unfair or unequal treatment.

Without physical resistance, social change has no impetus, no accelerator. Douglass did not write about murdering an oppressor. He wrote about human equality and the need to become confident in oneself; not to be property of another but to be equally human. The logical extension of that belief is an assertion of one’s self; i.e. a bully can only be a bully if the put-upon fail to fight back. Douglass fought back and gained self-respect. Short of murder, that contextualizes the Black Panther movement and reinforces the credibility of Martin Luther King’s, and today’s football player’s efforts to raise Black self-respect through education and non-violent resistance to unequal treatment.

An irony that is sometimes missed in the fight for equal rights is the negative role that religion played in the unequal treatment of Blacks.

Douglass notes in his auto biography that his greatest ill-treatment stemmed from people who professed strong belief in a particular religion. Douglass writes that be believes in God and feels blessed by God’s existence but white men and women, in Douglass’s experience, distort God’s truth through their religion to justify abhorrent behavior toward slaves.

“A Narrative of the Life of Frederick Douglass” is worth listening to because it gives all Americans some sense of how bad we are, how good we can be, how far we have come, and how far we have to go to eliminate racial inequality.

BITCOIN

Audio-book Review
By Chet Yarbrough

(Blog:awalkingdelight)
Website: chetyarbrough.blog

Digital Gold, Bitcoin and the Inside Story of the Misfits and Millionaires Trying to Reinvent Money

Written by: Nathaniel Popper

Narrated by: Robert Fass

NATHANIEL POPPER (AUTHOR, NYT'S REPORTER) — NATHANIEL POPPER (AUTHOR, NYT’S REPORTER)

Nathaniel Popper writes a book on the history of bitcoin. His history is a “Just the facts Mam” presentation. One will draw their own conclusion about the good and bad qualities of crypto currency.

Just like the dollar, pound, renminbe (yuan), franc, and euro, bitcoin is used for legal and illegal transactions. There are a host of criminals who have gamed currencies. Pepper recounts examples of bitcoin that show it is not exempt from currency manipulation.

BERNARD MADOFF (AGE 74) SERVING 150 YEAR PRISON SENTENCE

However, the manipulation takes the form of coding modification, or criminal hacking, rather than overt Bernie Madoff-like’ deceit. Wealth has been accumulated and lost in every medium of exchange since the beginning of barter between buyers and sellers. Popper shows that the fundamental difference between conventional currencies and bitcoin is how value is determined; who decides on what the value should be, and the transparency of change.

Popper explains bitcoin’s value is a consensus of its owners and users. Bitcoin value rises or falls based on most of its holder’s and merchant’s willingness to sell goods in exchange for bitcoin’ value. In contrast, conventional currencies are based on government fiat and national economic stability.

BITCOIN SYMBOL — Popper explains bitcoin’s value is a consensus of its owners and users. Bitcoin value rises or falls based on most of its holder’s and merchant’s willingness to sell goods in exchange for bitcoin’ value.

All currencies offer exchange of goods based on willing seller and buyer discretion. However, conventional money does not rely on majority determination of value. Value of conventional currency is an inchoate combination of government decision, and the economic condition of respective nations. When aberrant government actions or economic crises occur willing buyers disappear, and currency value falls. However, bitcoin is not dependent on government regulation or the state of one economy. Bitcoin relies on its buyers and sellers and is independent of singular government decisions or any singular national economies.

INFLATION — When aberrant government actions or economic crises (like hyper-inflation) occur willing buyers disappear, and currency value falls. However, bitcoin is not dependent on government regulation or the state of one economy. Bitcoin relies on its buyers and sellers and is independent of singular government decisions or any singular national economies.

What Popper clearly explains is that troubled economic countries can see dramatic conventional currency movements that destroy wealth because of government decisions. However, he equally notes many examples of large devaluations in bitcoin. The difference is that devaluation of bitcoin is based on owners and users who are not tied to any single nation-state economy or government regulation. Bitcoin value is based on the opinion of its owners and users.

One might conclude bitcoin is more egalitarian than conventional currency because it is based on the will of the majority of owners and users. That may be true but the idea of depending on bitcoin’s open system modification of cryptographic code is a threat to the will of the majority.

Only code technologists understand the ramification of code changes in bitcoin. Most users can only vote in ignorance and hope. One may argue that is also true when electing a government; however, the difference is transparency. Bad governments can be judged by the public and eventually defeated. Cryptocurrency is, as its title implies, concealed. It is both secret and incomprehensible to most owners and users. Most bitcoin users can only vote in ignorance and hope that coders are acting in a majorities best interest.

No form of currency guarantees value. Every form of currency has its ups and downs. The difference is in who makes the decision about value. If you live in a highly inflationary country, bitcoin offers some level of stability. If you live in a wealthy and relatively stable country, bitcoin seems less attractive.

The future of bitcoin or other cryptocurrencies seems more utilitarian in a future where nationalism disappears and there is acceptance of a world economy based on equality of opportunity. We seem far from such a Utopian world.

A BRADBURY CLASSIC

Audio-book Review
By Chet Yarbrough

(Blog:awalkingdelight)
Website: chetyarbrough.blog

The Illustrated Man
By Ray Bradbury

Narrated by Paul Michael Garcia

Flights of imagination sparkle and spin in this updated 1950s Ray Bradbury classic. This compendium of Bradbury’ tales is titled “The Illustrated Man”.

ROD SERLING (1924-1975, SCREENWRITER, TV PRODUCER, NARRATOR)

Bradbury spins stories; reminding one of late night re-runs of Rod Serling’s “Twilight Zone”. Every episode sparkles with stars and planets, habitable by man but riddled with fear, death, and destruction. Bradbury grasps human nature and turns it against itself by writing stories that illustrate man’s selfishness, insecurity, wantonness, and aggression.

Tattoos come alive on rippling skin to act out a series of plays about mankind’s future. Everyone fears the illustrated man because his tattoos expose the worst in man. Belief that nuclear cataclysm will end life on earth blooms like a mushroom cloud. Traveling to other planets changes mankind’s environment but man’s nature remains the same.

THE ILLUSTRATED MAN (PLAYED BY ROD STEIGER) — THE ILLUSTRATED MAN (PLAYED BY ROD STEIGER IN A 1969 MOVIE) Tattoos come alive on rippling skin to act out a series of plays about mankind’s future.

AYN RAND (1905-1982) — AYN RAND (1905-1982, AUTHOR WHO FIRMLY BELIEVED IN THE VIRTUE OF SELF-INTEREST) Unregulated self-interest is a dangled reward stolen by one to keep it from the many; in the end the reward is destroyed by the selfishness of each against the other.)

These are not happy stories but they are great flights of imagination. Bradbury tells a story of human exile and deprivation that exacerbates selfishness when personal reward is dangled in front of exiled and deprived human beings. The dangled reward is stolen by one to keep it from the many; in the end the reward is destroyed by the selfishness of each against the other.

Insecurity is a devouring beast in the story of a planet blessed by an appearance of a Visitor (presumably Jesus) just before a rocket ship lands on the planet that has been visited. The captain disbelieves it has happened and is driven to track down this Visitor rather than settle in the insecure surroundings of a unblessed world. The captain is left to wander the universe, never to arrive in time to actually see the Visitor.

INFIDELITY — Wantonness is illustrated by Bradbury’s story of an unhappily married man.

Wantonness is illustrated by the husband that is unhappily married. He duplicates himself. His duplicate takes his place beside his wife so he can buy a ticket to Rio to exercise his fantasy. The duplicate is so perfect it becomes as human as the husband. The duplicate places the wanton husband in a box to die, and buys a ticket to Rio for his wife to accompany it in its fantasy.

Human kind is aggressive. Humans conquer and destroy civilizations. One world of the future prepares for a second visit from mankind by becoming the image of a City. This image devours the men of the second visit and assumes their bodies; i.e. the City image is transformed into the bodies of the humans from this second visit. The City image plans to return to earth to destroy those who had destroyed them.

NUCLEAR DETONATION ABOVE TEST TARGET 1986 — Human kind is aggressive. When human’s conquer or destroy others, others rise to destroy those who had destroyed them. An endless circle of life where agression eats itself.

Bradbury is a master story-teller. Paul Michael Garcia’s narration is a tribute to Bradbury’s skill.