EXTRAORDINARY MATTERS

THE WINNINGEST

Photo by Patrick McDermott/Getty Images

THE SUPER K's

It was an historic moment when Duke Coach Mike  Krzyewski and his mentor, former Coach Bob Knight

embraced after Coach K surpassed Knight as the 

college basketball coach with the most wins.

And it was special. Touching even.  Coach K

played for Knight at Army and was an assistant to Knight.

I consider it good fortune to have spent time with both

men.  I covered Bob Knight for a couple of decades.

The men admire each other.  Both are brilliant students of the game and they have an unequaled success. And as Knight mentored Coach K, Coach K has mentored many others.  Before moving from Indiana, one of our "farewell tour" events was watching Duke play IU at Assembly Hall.

My WISH TV sports anchor Anthony Calhoun arranged for tickets immediately behind the Duke bench.  What a show!

When Coach K, stood, his assistant coaches stood.  When

he unbuttoned his blue blazer, his assistant coaches unbuttoned their blue blazers, and so it went.

My all time favorite coach was the great Johnny Wooden

who combined class and decorum with brilliance.

Coach K is cut from that cloth. The kids who emulate him

are getting a good pattern of excellence.

Last night as I watched Mike and Bob embrace

I thought that if Bob had better controlled his

emotions and had found, at times, a better and more appropriate channel for his 

extraordinary perception of the game, Mike

might still be trying to better Knight's record.

ONE MORE TIME

GET THE BIG MONEY OUT OF POLITICS

Tea party or OWS activist, conservative or

liberal, regardless of your stance, all should

agree that getting big money out of politics

will make for better government.

In fact experience leads me to believe until

corporate and big dollar influence is limited

we'll continue to see a deterioration of the quality

of government and a sell out to denizens of greed.

NPR presented a brilliant demonstration of the problem

with a focus on how the Nixon administration sold out

to the milk producers.  What was illegal then is noW

appropriate.  This might raise your blood pressure.

Link here for the audio.

DAY BOOK

COASTAL SCENES

 The Big Blue (and turquoise)

 Dunes Hiking

 Well off the beaten path

See you down the trail.

A BAD SOURCE COULD HAVE IT RIGHT

A CONTRADICTION IN A TIME

OF FAILING MEDIA

Something to remember about the confused media today is that just because it comes from a source with a point of view, does not mean that it is not right.  Fox gets things right.  MSNBC gets things right.  So do all of the nets and even many on line sources despite the fact that some, too many  to my liking, have staked out a political or philosophical skew. Amongst the chaff is some real wheat but you must discern.

It used to be easier when journalists cared about

information first, before the tyranny of ratings

and the need to be a "profit center."

Objectivity used to matter.

Unless you only read the Economist and watch the BBC, about the only way you are going to get "the straight news" is to consume information from all over the spectrum.  We should be doing that anyway, but most of us rely on the same old...

Glass-Stegall ?  Remember your history?  Here's something the OWS has done well. Regardless of the "commercial like" close consider the historic clips and the point they make about banks.

Here's the wikipedia paragraph that lays it out.  Look what the repeals did and consider those in light of credit default swaps and other such scams.  The point is, we had strong economic growth without devastating recession UNTIL we began "repealing" and de-regulating.

The Banking Act of 1933, Pub.L. 73-66, 48 Stat. 162, enacted June 16, 1933, was a law that established the Federal Deposit Insurance Corporation (FDIC) in the United States and introduced banking reforms, some of which were designed to control speculation.^[1] It is most commonly known as the Glass–Steagall Act, after its legislative sponsors, Senator Carter Glass (D–Va.) and Congressman Henry B. Steagall (D–Ala.-3). Some provisions of the Act, such asRegulation Q, which allowed the Federal Reserve to regulate interest rates in savings accounts, were repealed by theDepository Institutions Deregulation and Monetary Control Act of 1980. Provisions that prohibit a bank holding companyfrom owning other financial companies were repealed on November 12, 1999, by the Gramm–Leach–Bliley Act, named after its co-sponsors Phil Gramm (R, Texas), Rep. Jim Leach (R, Iowa), and Rep. Thomas J. Bliley, Jr. (R, Virginia).^[2][3]

The repeal of provisions of the Glass–Steagall Act of 1933 by the Gramm–Leach–Bliley Act effectively removed the separation that previously existed between investment banking which issued securities and commercial banks which accepted deposits. The deregulation also removed conflict of interest prohibitions between investment bankers serving as officers of commercial banks.

We may not always like the source, but we are served by

remembering that sometimes the truth can come

in thorny packages.  Very few of the Old Testament

prophets would have won a popularity contests.

Political dialogue in the US has been hijacked by ideologues, zealots, hacks and cable news "personalities."  While most of it is bilious and not worth your time,

some of it is necessary to fully understand all points of

view, even those with which you disagree.  And

some of it is probably right, from time to time.

Even if the media is less objective than it should be

you can be as objective as you allow yourself in

considering, really considering, honestly considering,

all points of view.  You can always rest in your

 view, and if you've allowed opposing thoughts to

cross your mind and it has not nudged you a bit,

then you can take solace in the knowledge.

An open mind wont hurt.

See you down the trail.