President Obama

Paul Summerville • November 15, 2012

An eloquent statement on why President Obama was the best choice.

New Yorker -- The Choice
The morning was cold and the sky was bright.

Quote worth bringing north.

``A two-term Obama Administration will leave an enduringly positive imprint on political life.

 

It will bolster the ideal of good governance and a social vision that tempers individualism with a concern for community.

 

Paul Summerville • September 18, 2011

New York Magazine -- Obama’s Original Sin
The president’s failure to demand a reckoning from the moneyed interests who brought the economy down has cursed his first term, and could prevent a second.

 

Paul Summerville • May 2, 2011

What struck us about President Obama's comment on the death of Osama bin Laden was how matter-of-fact the whole process was.

Now its time to turn to the deficit and unemployment.

Articles on Bin Laden's assassination, US debt and unemployment, Greece and Spain, why economists are foolish, and the 41st Canadian Federal Election including Harper's bullying of the media and Jack's rise.

Paul Summerville • April 28, 2011

Articles on President Obama’s birth certificate coming out of the closet, another serious look at the myth of the benefits of debt supported university education, how Goldman Sachs created food inflation, how not following well thought out regulations created the Fukushima tragedy, a look at bubbles, and a useful test on whether your politics and economics adds up to you being Gandhi or Stalin.

Also Morgan Stanley’s take on inflation, how high energy prices can solve our energy problems, and what we learned about Michael Ignatieff.

Paul Summerville • March 17, 2011

There is a big disconnect between what every independent scientific observer of Fukushima’s smoking nuclear reactors is forecasting is the radiation risk outside of a 100 km radius – not much -- , and the general perception of what is and might happen in the event of a worse case outcome – forcing residents on the West Coast of North America to give up golf.

Paul Summerville • November 16, 2010

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Twin Virtues: Inequality of Outcomes & Equality of Opportunity©

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Ultimately, the most successful societies find the balance between the twin virtues of inequality of outcomes and equality of opportunity.
 
The new politics must marry the twin virtues of unequal outcomes and equality of opportunity.
 
When too few get too much everybody ends up with less.
 
Can it be that striving for equality of opportunity however imperfect the process not only benefits the individual but also creates benefits for the society as a whole that are unintended but wonderful?
 
Economics must be a 'moral enterprise' as much as politics claims to be. Economic outcomes need to be framed in terms of right and wrong not just efficiency if only because these often align in surprising ways.
 
My vision of Canada is that any Canadian child from a family of limited circumstance can expect to have a chance at lifetime of unlimited opportunities.
 
Tax policy should be founded on the principle of generating steady tax revenues sufficient to maximise environmentally sustainable economic growth in order to fund fair government.
 
Public policy should be designed to decrease inequality before the law and increase equality of opportunity.
 
Capitalism is not the problem; the problem is what we do with capitalism.
 
Content is always more difficult to argue than conspiracy.
 
Let the state regulate and the market operate (most things).
 
Welfare strategies are best designed as a hand up not as a hand out.
 
Political debate should not be fact free fighting.
 
Explanation lasts longer than eloquence.
 
Always favour empowerment over dependency.
 
The most enduring public figures are embraced for the causes they fought for and not the concept of themselves they hoped others would remember them by.
 
Find your voice and don't be the echo of somebody else.