Category Archives: Musings

Missing A Sense of Perspective

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When I read the headline that Adolf Merckle, a German industrialist, had committed suicide over recent financial losses, I wasn’t too surprised: after all, accounts of businessmen jumping to their deaths after the 1929 stock market crash are legendary. When I read the early report, though, I thought there had to be more to the story.

The original story I saw highlighted Mr. Merckle’s $9.2 billion fortune and losses that were reportedly in the “hundreds of millions.” It seemed almost impossible to me that someone would choose suicide over losses that amounted to less than a tenth of their wealth.

And, as I suspected, there was more to the story. According to this Bloomberg report, “Merckle, 74, spent December negotiating with banks he owed about 5 billion euros ($6.7 billion) to save the family empire he built over four decades.”

So he was struggling with the potential loss of over 70% of his personal fortune. That’s a lot, no doubt, and quite a shock to the system, but it still would have left him with a cool $2 billion or more. That’s a quite different position from folks who start off with fewer zeroes and end up with next to nothing.

Maybe my perspective is skewed because I don’t have a lot of zeroes behind my personal fortune. (In fact, like many people, my personal fortune is effectively nil, since most of what I have is largely owned not by me, but by the bank that holds the note on my house.) And maybe there’s still more to this story, more than will ever come out. But it’s a cautionary tale, and a warning that we should maintain a sense of perspective that emphasizes what we still have, rather than what we’ve lost.

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North Carolina Residents: Beware Another Tax Idea

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A couple of days ago Michelle Malkin wrote about a proposed law here in North Carolina that would assess fees on motorists based on how far they drive in a year. She included some very sound objections to the idea in her post, Nanny State alert: Meet the mileage police. My only quibble with her is over her characterization of it as a “nanny state” action, because its aim is not to protect us from ourselves or anything else; instead, it’s more a “greedy state” action, because it seems to be aimed solely at increasing revenue.

Why do they need to increase vehicle tax revenue? Because in the wake of high fuel prices, people started driving less … meaning less consumption … meaning less tax revenue. They want to make up shortfalls in the state government’s income.

On the surface, it seems fine that people who drive more should pay more — after all, people who use more electricity pay more. But while we may think of roads as public utilities, “consuming” your share of the road does not require someone to lay out the new roadway ahead of you or produce more roadway behind you because you’ve used it — unlike electricity that has to be generated and then is used up, or water that has to be treated before and after use. Once the road is built, it continues to exist for a long time, and the wear and tear of one vehicle at a time seems too miniscule to meter.

Speaking of the possibility of “metering” our vehicles, how much more state bureaucracy would be needed to collect this tax? The data collection, tax assessment, payment processing, accounting, disbursement, and tax fraud investigation would probably cost far more than this tax would ever produce. (I say that based not on knowledge of the numbers of people involved or any other specific facts, but rather on my own assessment of the inherent tendency of government offices to develop extra layers of oversight and other non-value-added functions.)

The same day that Ms. Malkin presented her argument against the tax idea, Raleigh area blogger Tabitha Hale took aim at the proposal in her post on Red County, NC Road-Use Tax A Privacy Violation? She looked at the issue from a different angle, considering the longer-term view in which GPS-capable data recorders would one day download driving patterns that would be used to assess the tax. Her argument against the bill is also a sound one.

The best case scenario would be for this proposal to be pulled from the table entirely; next best would be for it to die in committee; and next would be for it to be voted down. It seems little good can come from it. Unfortunately, that hasn’t stopped our government in the past from passing laws that have caused more harm than good.

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The Messages We Send, and Receive

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I was in Greensboro for a short time last evening, and stopped for a bite at a fast food restaurant just south of town. As I started pulling into one of several empty parking slots near the door, I noticed that it was marked “Employee Parking Only.”

Except for the two handicapped parking spaces, all the spaces near the entrance were marked, “Employee Parking Only.”

I wondered what message the management was trying to send.

Were they trying to say, “We value our employees, and want to do what we can for them even though we pay them very little and make them wear funny little cardboard headpieces?” If so, that’s very nice of them to be so considerate of their employees. But the message I got was, “Hey, customers, we like our employees more than we like you.” (Maybe they’d like to add, “Please come in and spend your money anyway.”)

I asked the young man behind the counter about it, and he just laughed. He said I was about the fiftieth customer who had asked since they repainted the parking lot — and that the employees don’t even use the spaces, so we were welcome to them.

So I still don’t know what message they were trying to send. I just hope I can communicate more clearly than that in my own writing — my speechwriting, my nonfiction writing, and my fiction.

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Damaging Your Credibility as a Writer

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I went to a Public Relations & Marketing seminar this week in Chapel Hill, and had the pleasure of listening to a luncheon speech by Marty Clarke, author of COMMUNICATION LAND MINES. His web site is http://www.martyclarke.com/, and I highly recommend him — he’s a terrific speaker.

Marty asked whether or not we agreed that a single typographic error or misspelled word on a resume could prevent a person from getting a job interview. We all said, “Yes.” So he asked why we weren’t as careful with e-mail as we would be with a resume — with proofreading instead of just relying on the spell checker (“Spell check is your enemy,” he said), and doing whatever we can to ensure that the message we send out doesn’t inadvertently destroy our credibility.

I don’t recall the entire question exactly, but he asked something along the lines of, “How many of you have received an e-mail from someone higher up in your company and when you read it you thought, ‘How did you get to where you are if this is how you choke out a paragraph in your native language?'”

I ask the same thing sometimes with respect to some of the novel manuscripts I look at for Baen. I should ask those authors whose manuscripts are riddled with spelling, grammar, and punctuation errors if they take as little care with their resumes. Because in this case the manuscript is their resume.

Then again, sometimes a gem of a story lies hidden inside a very rough manuscript — so I have to look beyond some pretty bad writing to see if the story itself is good. But I wish those writers would take a little more care to present themselves better — that they would polish that gem so it sparkled the first time I saw it.

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Space History, 11.21: The Time Dilation Song

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This isn’t the usual “multiple of 5”-year space anniversary I usually post, but it’s too good not to include. On this date in 1975 — according to Wikipedia, the official source for everything that might be true — Queen released the album A NIGHT AT THE OPERA.

What does that have to do with space history, you ask? Because, in the fine tradition of such songs as “Rocketman” and “Major Tom,” this album included a song about space travel: “’39.” Written and sung by Brian May — the astrophysics student who stopped working on his doctorate to pursue music but eventually earned his PhD in in 2007 — the song involves the time dilation effect of traveling at near-relativistic speeds. A science fiction song by someone who knows science.

And that’s today’s space history, kids. Now, back to your regularly-scheduled browsing.

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On Veterans' Day: National Veterans Freedom Park

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Even though I’m an Air Force veteran, I think of Veterans’ Day as something for those other folks — for the real veterans, in other words, for those who faced more danger and hardship than I did. The most danger I faced was cleaning up burning red phosphorus at the AF Rocket Propulsion Lab, and I didn’t have any real hardship — my remote tour in Greenland was more fun than not, and my requests to go to the Iraqi AOR were denied.

So Veterans’ Day sort of embarrasses me. Honor the guys who really sacrificed, please. Honor those with whom I served, but not me.

That’s why I’m glad to promote the National Veterans Freedom Park, which is going to be built right here in Cary, North Carolina. Its theme is “The Story of Freedom as told by the Veteran,” and it will feature some striking artwork and an education center. It’s also working with the Library of Congress in the Veterans History Project, to “collect and archive the personal recollections of U.S. wartime veterans to honor their service and share their stories with current and future generations.”

In other words, the National Veterans Freedom Park will honor not just veterans, but real heroes. I’m all for that.

And for those served honorably — no matter where or when — and who are still serving today, on the front lines and behind the scenes, I salute you all.

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More Significant than a Riot

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Carrying on civil discourse is difficult in this day of heated exchanges and vile rhetoric, and a conversation with a friend on a writing forum reminded me of this Robert A. Heinlein quote (from his novel FRIDAY):

Sick cultures show a complex of symptoms … but a dying culture invariably exhibits personal rudeness. Bad manners. Lack of consideration for others in minor matters. A loss of politeness, of gentle manners, is more significant than is a riot.

Given the excesses of this very medium, I wonder if we can rein in the invective and stop our disagreements from becoming unbridgeable divides. Mud-slinging used to be the purview of a select few; now, everyone seems to want to take a turn. As a result, we’re all a lot dirtier than ever before.

On that somewhat somber note, Happy All Hallow’s Eve!

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Happy Discoverer’s Day … and A Publisher’s Public Slushpile

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Those who know me well know that I prefer politeness to political correctness, so my personal reference to Columbus Day as Discoverer’s Day is not (I repeat, not) (I tell you three times, NOT) the usual anti-Columbian protest on behalf of the American aborigines.* Rather, when the government decided that Presidents Washington and Lincoln would share a holiday with all the others who have occupied that office, I decided that other holidays named after famous people should also be renamed to share with those with similar accomplishments. The obvious exception to this is Christmas, since I can’t find anyone else in history who has changed the world as profoundly as did Jesus Christ.

End of rant/sermonette, and Happy Discoverer’s Day to one and all.

In other news, I was pointed to what appears to be an experiment by Harper Collins to let the online reading public sort through their slush pile for them. Called authonomy, it’s “a brand new community site for writers, readers and publishers, conceived and developed by book editors at HarperCollins.”

From their FAQ page,

authonomy invites unpublished and self published authors to post their manuscripts for visitors to read online. Authors create their own personal page on the site to host their project – and must make at least 10,000 words available for the public to read.

Visitors to authonomy can comment on these submissions – and can personally recommend their favourites to the community. authonomy counts the number of recommendations each book receives, and uses it to rank the books on the site. It also spots which visitors consistently recommend the best books – and uses that info to rank the most influential trend spotters.

…. HarperCollins hopes to find new, talented writers we can sign up for our traditional book publishing programmes – once we’re fully launched we’ll be reading the most popular manuscripts each month as part of this search.

In a way, this is similar to the process on Baen’s Bar whereby short story submissions to Jim Baen’s Universe can be critiqued and catch the eyes of the editors. The electronic slushpile for Baen Books works a little differently — the submissions aren’t available to every member of the Bar.

I’ll be interested to see how the Harper Collins experiment works out.

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*Disclosure: I may fall into this category myself, having a percentage of Cherokee blood; I’ve never gone the route of documenting how much to see if I qualify for tribal membership.

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NC State of Business Post Reference

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Yesterday I wrote a post on “NC State of Business,” the blog we started at the Industrial Extension Service. I should probably just cross-post it, but I’m too lazy this morning to worry with rebuilding all the links. Instead, I just offer a single link to the post itself: “Multitasking, Procrastination, and Corporate Failure.”

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