FOD Fireball’s Observations of the Day September 1st and 2nd 2017

Happy Labor Day

Well here it is Labor Day already.  The long weekend holiday is the unofficial end of summer (hate that thought), the beginning of school (hated that), the time for expansion of the baseball rosters (hate that – 40 man rosters change the game too much going into the playoffs), and it’s time to save 50% or more on your next mattress set with no payments for at least two years (don’t need a new mattress).  But it is also the beginning of college football (Go Navy), the start of professional football (that’s good, but they only play once a week), a great weekend to grill some steaks (love that), International Bacon Day (love that – you can look it up), catch some of those Atlantic salmon that made good their escape and now need to be caught (love that), NASCAR’s  Southern 500 NASCAR auto race has been held on Labor Day weekend at Darlington Raceway in Darlington, South Carolina from 1950 to 2003 and since 2015 (like it as it’s usually a good short track race), ride your bike (gotta love that), at Indianapolis Raceway Park, the National Hot Rod Association holds their finals of the NHRA U.S. Nationals (some great names and cars show up for this one), and of course it’s the last day it’s considered acceptable to wear white or  seersucker (who knew – OK fashion folk like Friend of FOD Mr. Fuzzy have this marked on their calendars to go along with the opening day of elk season).  Labor Day in the United States is a public holiday celebrated on the first Monday in September. It honors the American labor movement and the contributions that workers have made to the strength, prosperity, laws and well-being of the country.  Photo below right shows first Labor Day Parade in NYC in 1882.  I was pretty much against labor unions until I joined Northwest Airlines.  There was a snap back clause in the contract under which I was hired providing for a pay raise of the lesser of 3% or the average pay increase of the seven major airlines in business at the time.  The math clearly pointed to the 3% option as all those airlines had received increased wages as airlines were making money.  Imagine then our surprise when our paychecks in mid-September only included a 1.4% pay increase.  When management was queried as to this decision, the reply was, “we think that’s what it should be.”  Eight months later and utilizing binding arbitration, it took less than fifteen minutes for the pilot’s to prevail.  The back pay was returned over a two month period and we each received a note from management in our company mailbox stating, that as the company didn’t have to pay back interest on the monies withheld over that time period, it shouldn’t be taken as a personal matter as it was only a prudent company business decision.  They had an eight month interest free $84M loan paid for by the pilots.  That’s why pilots have unions (but I’m not bitter – well just a little – no a lot – OK, I’ll let it go – someday).

 

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FOD Fireball’s Observations of the Day August 28 through 31, 2017

 

Marines and Navy Heading to Gulf Coast For Possible Disaster Relief

In the wake of the ever increasing destruction caused by Hurricane Harvey, the Marine Times is reporting, nearly 700 Marines will head toward the Gulf Coast Thursday aboard the amphibious assault ship USS Kearsarge in case they are tasked with helping rescue Texas residents who have been slammed by historic flooding caused by Hurricane Harvey.  The Kearsarge and the dock landing ship Oak Hill are both scheduled to get underway from ports in Virginia, Fleet Forces Command announced on Wednesday.  “These ships are capable of providing medical support, maritime civil affairs, maritime security, expeditionary logistic support, medium and heavy lift air support, and bring a diverse capability including assessment and security,” a news release from the command says. The Marines will also be able to purify water, distribute relief supplies, conduct aerial reconnaissance and provide engineering capabilities, a II MEF news release says.  “Marines conduct regular training and have gained real-world experience with Humanitarian Assistance/Disaster Relief from relief efforts across the globe,” the news release says.

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FOD Fireball’s Observations of the Day 15 through 18 August 2017

Strategic & Policy Forum and Manufacturing Council Disbanded

“You CEOs on my Strategic & Policy Forum and my Manufacturing Council who think you can quit; you can’t quit; you’re fired.” “And you’re all a bunch of grandstanders.”  CEOs began announcing their resignations after Trump’s first comments about the violence last Saturday in Charlottesville between white supremacists and counter-protesters. The resignations accelerated after he re-emphasized his earlier remarks and on Tuesday blamed “both sides” for the series of events that led to the death of a 32-year-old Charlottesville woman.   These CEOs are not grandstanding, they simply no longer want to be associated with this President who has now revealed what his true values are.  Traditionally corporate leaders have been willing to join these apolitical forums so as to ensure their corporations at least have a seat at the table where policy decisions are formulated that effect corporate taxes, employment and trade policies.  There were comments that the President went rogue on Wednesday – How can we believe in a President of United States who goes rogue? Your comments appreciated.  Someone must have an opinion they’d be willing to express out there in FOD-land.

 

Steve Bannon – You’re Fired Too

What’s the half life of a White House advisor these days?  White House Chief of Staff John Kelly announced today 18 August 2017, Steve Bannon has agreed today would be Steve’s last day,” White House press secretary Sarah Huckabee Sanders said in a brief statement to reporters. “We are grateful for his service and wish him the best.”  Bannon’s departure caps a rocky tenure in the West Wing in which he was a central figure in a power struggle to influence the often unpredictable president. He clashed with many of Trump’s other top aides including the president’s son-in-law, Jared Kushner, and National Security Adviser, H.R. McMaster, and rumors of his waning influence and imminent departure had been circulating Washington for months.  He will walk away from the White House as a key force behind Trump’s impulses to make racially divisive remarks and fan nationalist and ethnic tensions, most recently Trump’s comments on the violence in Charlottesville, Virginia. As recently as this week, Bannon gave interviews seeming to embrace the racial turmoil Trump encouraged by comparing white nationalists and the protesters opposing them in Charlottesville.  Don’t worry about how Bannon will make his next two dimes.  Just hours after his exit became official, the newsroom where he first rose to prominence in far-right political circles, Breitbart News, announced he’d be returning as its executive chairman.

 

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FOD Fireball’s Observations of the Day 11 through 15 August 2017

What Our President Did and Didn’t Say

While many in President Trump’s administration have since spoken out against the hatred and violence of groups like white supremacists, the KKK and neo-Nazis, during the events in Chancellorsville, Virginia this past weekend, it is what President Trump did not say that is concerning.  These extremist hate groups have no place in the American debate and by not condemning them, you allow them a voice.  The President needed to condemn those groups.  As Dante Alighieri said in his Divine Comedy, “The darkest places in hell are reserved for those who maintain their neutrality in times of moral crisis.”  I am encouraged by President Trump’s statement on the morning of 14 August 2017 where he did call racism evil and where he did explicitly denounce KKK and neo-Nazis organizations and stated they would be prosecuted to the fullest extent of the law.  Woulda, coulda, shoulda is the operative line here.   As a consequence of the President’s comments, the African-American CEO of pharmaceutical giant Merck & Co Kenneth

Frazier (below right) resigned from President Donald Trump’s American Manufacturing Council Monday after Mr. Trump failed to condemn white nationalists for deadly violence at a weekend rally in Charlottesville, Va.  “Our country’s strength stems from its diversity and the contributions made by men and women of different faiths, faces, sexual orientations and political beliefs. America’s leaders must honor our fundamental values by clearly rejecting expressions of hatred, bigotry and group supremacy, which run counter to the American ideal that all people are created equal,” Merck CEO Kenneth Frazier said in a statement announcing his departure from the council.  “As CEO of Merck and as a matter of personal conscience, I feel a responsibility to take a stand against intolerance and extremism,” Frazier added.  Less than an hour after Merck released Frazier’s statement, Trump slammed the exec in a tweet.  I don’t see where alienating this individual adds positive value to the discourse.  In a similar manner I don’t see how lashing out at his own party’s Majority Leader of the United States Senate Mitch McConnell (left) benefits the President’s agenda on issues such as increasing the debt ceiling, tax reform, infrastructure improvements, and of course health care reform and gets worse with every tweet. Hey, there are daunting budget related deadlines coming with the end of the fiscal year, September 30th.  Comments appreciated!

 

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FOD Fireball’s Observations of the Day July 31st through August 3rd 2017

May You Live In Interesting Times

“May you live in interesting times.”  Well at least that seems to be true when looking at the national and international picture today.  I had always heard ‘May you live in interesting times to be a Chinese curse or to have at least originated in China.  Despite being widely attributed as a Chinese curse, there is no equivalent expression in Chinese.  The nearest related Chinese expression is “太平” (nìng wéi tàipíng quǎn, mò zuò luàn lí rén), which is usually translated as “Better to be a dog in a peaceful time, than to be a human in a chaotic (warring) period.”  The expression originates from Volume 3 of the 1627 short story collection by Feng MenglongStories to Awaken the World.  Evidence that the phrase was in use as early as 1936 is provided in a memoir written by Hughe Knatchbull-Hugessen, the British Ambassador to China in 1936 and 1937, and published in 1949. He mentions that before he left England for China in 1936, a friend told him of a Chinese curse, “May you live in interesting times.”

 

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