Courage is rightly esteemed the first of human qualities because it is the quality which guarantees all others.—W. Churchill

Wednesday, October 08, 2008

Camille-Oh! Appearance

Who says atheist leftists are never honest? As in the old lawyer joke, it's the 99 percent dishonest ones giving the other 1 percent a bad name. Here is Camille Paglia, giving no quarter and taking no prisoners as usual.

Yes, both Todd and Sarah Palin, whom most people in the U.S. and abroad had never even heard of until six weeks ago, have emerged as powerful new symbols of a revived contemporary feminism. That the macho Todd, with his champion athleticism and working-class cred, can so amiably cradle babies and care for children is a huge step forward in American sexual symbolism.

Although nothing will sway my vote for Obama, I continue to enjoy Sarah Palin's performance on the national stage. During her vice-presidential debate last week with Joe Biden (whose conspiratorial smiles with moderator Gwen Ifill were outrageous and condescending toward his opponent), I laughed heartily at Palin's digs and slams and marveled at the way she slowly took over the entire event. I was sorry when it ended! But Biden wasn't -- judging by his Gore-like sighs and his slow sinking like a punctured blimp. Of course Biden won on points, but TV (a visual medium) never cares about that.

The mountain of rubbish poured out about Palin over the past month would rival Everest. What a disgrace for our jabbering army of liberal journalists and commentators, too many of whom behaved like snippy jackasses. The bourgeois conventionalism and rank snobbery of these alleged humanitarians stank up the place. As for Palin's brutally edited interviews with Charlie Gibson and that viper, Katie Couric, don't we all know that the best bits ended up on the cutting-room floor? Something has gone seriously wrong with Democratic ideology, which seems to have become a candied set of holier-than-thou bromides attached like tutti-frutti to a quivering green Jell-O mold of adolescent sentimentality.

And where is all that lurid sexual fantasy coming from? When I watch Sarah Palin, I don't think sex -- I think Amazon warrior! I admire her competitive spirit and her exuberant vitality, which borders on the supernormal. The question that keeps popping up for me is whether Palin, who was born in Idaho, could possibly be part Native American (as we know her husband is), which sometimes seems suggested by her strong facial contours. I have felt that same extraordinary energy and hyper-alertness billowing out from other women with Native American ancestry -- including two overpowering celebrity icons with whom I have worked.

One of the most idiotic allegations batting around out there among urban media insiders is that Palin is "dumb." Are they kidding? What level of stupidity is now par for the course in those musty circles? (The value of Ivy League degrees, like sub-prime mortgages, has certainly been plummeting. As a Yale Ph.D., I have a perfect right to my scorn.) People who can't see how smart Palin is are trapped in their own narrow parochialism -- the tedious, hackneyed forms of their upper-middle-class syntax and vocabulary.

As someone whose first seven years were spent among Italian-American immigrants (I never met an elderly person who spoke English until we moved from Endicott to rural Oxford, New York, when I was in first grade), I am very used to understanding meaning through what might seem to others to be outlandish or fractured variations on standard English. Furthermore, I have spent virtually my entire teaching career (nearly four decades) in arts colleges, where the expressiveness of highly talented students in dance, music and the visual arts takes a hundred different forms. Finally, as a lover of poetry (my last book was about that), I savor every kind of experimentation with standard English -- beginning with Shakespeare, who was the greatest improviser of them all at a time when there were no grammar rules.

Many others listening to Sarah Palin at her debate went into conniptions about what they assailed as her incoherence or incompetence. But I was never in doubt about what she intended at any given moment. On the contrary, I was admiring not only her always shapely and syncopated syllables but the innate structures of her discourse -- which did seem to fly by in fragments at times but are plainly ready to be filled with deeper policy knowledge, as she gains it (hopefully over the next eight years of the Obama presidencies). This is a tremendously talented politician whose moment has not yet come. That she holds views completely opposed to mine is irrelevant.

Even if she disappears from the scene forever after a McCain defeat, Palin will still have made an enormous and lasting contribution to feminism. As I said in my last column, Palin has made the biggest step forward in reshaping the persona of female authority since Madonna danced her dominatrix way through the shattered puritan barricades of the feminist establishment. In 1990, in a highly controversial New York Times op-ed that attacked old-guard feminist ideology, I declared that "Madonna is the future of feminism" -- a prophecy that was ridiculed at the time but that turned out to be quite true. Madonna put pro-sex feminism on the international map.

But it is now 18 years later -- the span of an entire generation. The instabilities and diminishments for young women raised in an increasingly shallow media environment have become all too obvious. I had grown up in a vibrant pop culture with glorious women stars of voluptuous sensuality -- above all Elizabeth Taylor, sewn into that silky white slip as the vixen Manhattan call girl of "Butterfield 8." In college, I feasted on foreign films starring sexual sophisticates like Jeanne Moreau, Anouk Aimée and Catherine Deneuve. Sex today, however, has become brittle and superficial. Except for the occasional diverting flash of Lindsay Lohan's borrowed bosom, I see nothing whatever that is worth a second glance. Pro-sex feminism has worked itself out and, like all movements, has degenerated into clichés. And even Madonna, with her skeletal megalomania, looks like a refugee from a horror movie.

The next phase of feminism must circle back and reappropriate the ancient persona of the mother -- without losing career ambition or power of assertion. Betty Friedan, who had first attacked the cult of postwar domesticity, had long warned second-wave feminists such as Gloria Steinem about the damaging exclusion of homemakers from their value system. The animus of liberal feminists toward religion must also end (I am speaking as an atheist). Feminism must reexamine all of its assumptions, including its death grip on abortion, if it wishes to survive.

The hysterical emotionalism and eruptions of amoral malice at the arrival of Sarah Palin exposed the weaknesses and limitations of current feminism. But I am convinced that Palin's bracing mix of male and female voices, as well as her grounding in frontier grit and audacity, will prove to be a galvanizing influence on aspiring Democratic women politicians too, from the municipal level on up. Palin has shown a brand-new way of defining female ambition -- without losing femininity, spontaneity or humor. She's no pre-programmed wonk of the backstage Hillary Clinton school; she's pugnacious and self-created, the product of no educational or political elite -- which is why her outsider style has been so hard for media lemmings to comprehend. And by the way, I think Tina Fey's witty impersonations of Palin have been fabulous. But while Fey has nailed Palin's cadences and charm, she can't capture the energy, which is a force of nature.

Saturday, October 04, 2008

Out For a Dozen Counts

Nobody likes pundits who claim that they predicted results but offer no documentary evidence to that effect.

Oh, Jay is not like that.

Friday, October 03, 2008

OBiden vs. McPalin

Hey, I was watching the ballgames. My beloved Phils beat the Brewers and their best pitcher, CC Sabathia. And God still hates the Cubbies, 10-1.

Two quick takes, one of each:

---Sarah Palin pronounced it "NUC-u-lar," just like a well-derided, highly unpopular current president. I'd think that's enough to blow the whole thing.

---But Al Gore beat Dubya on debating points in 2000, but forgot that these debates ain't debates, they're campaign appearances. Gore acted like a creep, Dubya acted like an OK human being.

Tonight, Joe Biden addressed his debating points to moderator Gwen Ifill, looking down and to the side. Sarah Palin looked directly into the camera and spoke to the American people.

All I know is that you can't win the game until you know what the hell it is. Joe Biden, like Gore in 2000, brought a hockey stick to a baseball game. By all odds, the eminently experienced Sen. Biden should have enjoyed a laugher tonight over Gov. Palin, who isn't that long off the turnip truck.

But you can't hit a home run with a hockey stick, even if you're Babe Ruth.

_______________________________________

Tuesday, September 23, 2008

Congress Mortgaged our Markets

The financial markets in this country are weathering a severe storm. My strategy in life, modeled for me by some great people, has always been to face rough times with humor. Right now, though, is no time for a belly laugh, not with a lot of very good people watching their net worth slip through the netting and down the drain. But a chuckle is still appropriate, even if it comes with a grim echo.

The funniest gag of all comes from Nancy Pelosi, blaming the Bush administration for the collapse of the nation’s mortgage base. This occurred, she says, because of a lack of regulation and oversight. For people living out here in the real world, that is a real thigh-slapping screamer. What brought so many mortgage banks down was a surfeit of regulation and oversight, but regulation designed for goals other than fiscal security.

Look, anyone who has bought or sold a house in the last twenty years is well aware of the situation. The real estate agent or mortgage broker whom you work with will certainly clue you in to the existence of FHA mortgages, Fannie Mae and Freddie Mac. You, as a middle-class person, will be told that you must put up 20 percent of the cost of the home you purchase. It is possible also to pay 10 percent in advance and borrow 90 percent, but then you will have to pay a monthly charge above the mortgage payment. That charge is to pay for mortgage insurance, where the bank gets some additional degree of protection from loss in case they foreclose and the house only sells for 80 percent of value.

But if you are poor, the agent or broker adds, then you are in good shape. Between Fannie and Freddie they can lend you up to 95, 97 and 100 percent of the price.

Now, I have been both buyer and seller of real estate over these two decades, and I have been shaking my head quietly over this situation. It was clear to me, as it should have been to any responsible person, that this system was a disaster waiting to happen. There is a reason why banks do not agree to lend more than 80 percent of the value of the property, more than one reason in fact. Values often go down twenty percent on their own, and the value of a home in foreclosure is also hurt by the process. There is also a reason to demand that a buyer put up some money, more than one reason here too. It is important that a person has some ability to manage funds well enough to accumulate some; it also bodes well for repayment when the purchaser has put some of his own capital on the line.

The idea of helping a poor person get a house is wonderful, but it flies against some of the harder edges of reality. It could work in many cases, or even in most cases, but it puts the lender in the position of having no margin for error. As long as the borrower can keep his job, with a salary increasing in proportion to inflation, without radical new expenditures caused by illness, and as long as the house keeps its value, the result will be a win-win. But if any one of those elements takes a hit, the whole house of cards will come tumbling down.

Clearly, then, the only way this system works is by eventually pushing the bad debt back to the government. Yet the government bureaucrats do not have their own money at stake. What they do have at risk is their job if they cannot show Congress that enough poor people are getting into homes. An unhealthy paradox evolves, where the government worries more about pushing loans than about collecting loans. Lenders and brokers get the message, so they run around recruiting new buyers among the barely-employed. How could this fail to fail?

Fail it has. After years of scratching my head, trying to figure out how this works, I have achieved perfect clarity. No mystery here after all. The answer is simple: it does not work! Never did, never could have.

As with any crisis, the only hope is if the villains are correctly identified and blame is reasonably apportioned. What are the chances that Congress will suddenly hit themselves in the collective forehead and yell, “Eureka, two plus two equals four”? Now there is a thought that has to make you chuckle.