Monday, September 29, 2014

Modi to White House

India's prime minister Modi will meet with President Obama today in Washington at 1600 Pennsylvania Ave.  They will talk about the future of American/Indian relations and discuss economic development and trade issues.  A current topic will be H1B visas and the numbers alloted for professionals, many of whom have come to the US from India.  Mr. Modi will want some assurances that the "brain drain" will not remove these well educated Indians from the subcontinent economy.
     Mr. Modi will stress the need to have these folks work and play at home is essential for the future of India's growing middle class.  Mr. Modi seems to have taken strides to move India forward on the world stage, in anticipation of a larger role in world affairs.  he also is sending a message to India's neighbor, China, that India will not sit back and allow the Chinese government to run roughshod over the border areas in dispute along their common boundary.  
Viva Modi!

King Fire Almost 100% Contained

     CalFire reported significant gains in halting the spread of the large King Fire in El Dorado County.  Firefighters have taken advantage of cooler weather and light rain to gain control of the blaze.  Some property owners have been allowed to return home, or what's left of their homes in certain areas that were burned out.
      Some local pols have asked for funds for more fire prevention, noting that the state of California has collected millions from local El Dorado property owners in the last 3 years for prevention steps.  Ok, Jerry brown: where's the fire FEE?   Where's the money sucked out of my wallet by the one party in power in California?  The fire fee, which is being challenged in state court, is an annual fee assessed on rural property owners only to the tune of $150/ann.   Could it have prevented the spread of the King Fire?
     CalFire has some 'splainin' to do.

Iran, Russiya, and USA

       The nuclear talks between Iran and the US and European Union countries continue to drag on.  Iranians are unserious negotiators, stalling for time, even as they watch the Europeans and US become engaged further in the Middle East.  The use of airstrikes against the IS murderers does not indicate any abandonment of the area soon.  Iran has been backsliding on its much publicized statement of "We are ready to sign a deal".   Really, the Iranians are playing the waiting game.  But this waiting game only intensifies the Western anxieties coupled with a nuclear capable Iran.   The Israelies certainly are growing more anxious as time goes on.
     All of this brings us to the topic of Russiya's involvement with Iran and its nuclear power needs for domestic use.   Russiya has been supplying sufficient fuels to Iran for some time.  And why would Iran develop a production capability that is both expensive and unnecessary?  Who wants to answer that one?  Please, don't all stand at once.
     The outcome is fairly clear:  severe sanctions are in the offing and Iran will join Russiya as international outlaws, cutoff from western civilization, again.
      Will the Ayatollah lose any sleep?  Hardly.

Saturday, September 27, 2014

Italy and the Oligarchs From Russya

     Italy's government announced this week that two Russian oligarchs with property in the country have had their respective assets frozen in the bank.  Complaints were immediately forthcoming, claiming sanctions on Russian businessmen did not include assets held in Italy.  Of course, this move will provide serious money for Italian lawyers, judges, court clerks, and news media types looking for material.   Maybe the Italians got this wrong; maybe not.  But it will send a message back to the Kremlin.  Is anybody listening(besides the FSB)?
      Italy obviously operates on a different wavelength than other European countries.  It appears that Italy and its prime Minister Matteo Renzi  are trying to change a culture of inaction.  Not easy after so many years of entrenched interests holding sway.  Can things improve?  They must.
     Message here: outside investors be wary.   Perhaps that is why Mr. Marcchione has been so successful at FIAT.  He has taken FIAT to America, and he is making huge profits.
     Tahomans like Ram pickup trucks.  This helps FIAT's bottom line.

Baseball 2014: End of the Season

     Tomorrow, Sunday, marks the end of the regular season for baseball teams across the country.  Derek Jeter,"The Captain",  is the most famous player who will play his last game tomorrow after 19 seasons with the New York Yankees.  His jersey number 2, will be retired with him, marking the end of single digits on Yankee uniforms.
     His illustrious career is the envy of all active players, and his role as team captain enhanced that reputation even more.   His play at shortstop was scintalating.  His off the field reputation is unblemished.  Somehow, over the years, he was able to stay free from scandal or questionable behavior.   Who can forget the commercials he made with his former boss, the late george Steinbrenner?   His good looks and affable personality has enhanced a few products lately and that role will only increase.  His annoucement  last year that this would be his final year removed doubts about his future and only served to remind fans that his exit would be graceful and timely, without bitterness or rancor.  
      Early career photos identify Jeter as a serious, focused young man, poised to take on the role assigned to him in the middle of the diamond, a position that requires the skill of a ballet dancer, the speed of a gazelle, and the heart of a lion.
     We are all saddened by his departure;  he seems so young still.   But injuries begin to take their toll, and the message, while subtle, is clear: athletic skills are finite and time marches on.  Youth will be served.
     The Baltimore Orioles and their nearby neighbor, the Washington Nats, appear to be well positioned for post season victories.  But, October is the month of surprises.  Let's see what happens.

Modi Of India Arrives

      Pres. Modi made his first official visit to the US this week.   He came to extend and improve relations with the world's No. 1 economic power.  His country is the most populous democracy in the world and one of the fastest growing in Asia.
    One of his goals is to purchase various military armaments, primarily in the field of aviation.  His shoppinglist included fighter bombers, helicopters(Sikorsky), Apache attack helicopters(Boeing), Chinook Heavy lift helos(Boeing), antitank missiles(Lockheed/Raytheon), and harpoon antiship missiles.  The tab for these systems runs about $3 billion.   Keeps the plants running for a few more months.  This list comes a year after India made purchases of   $1.9 billion of US military gear, That purchase made India the No. 1 importer of US military items, up from 24th  before.
     Tahomans welcome Prime Minister Modi and hope he can visit Lake Tahoe if he has a little extra time.

Minister Returns From Caribbean

      Our minister of Latin American Affairs has returned from his most recent trip to St. Kitts and Nevis in the eastern Caribbean.  This short trip, punctuated by a donkey ride into the mountains, accompanied by a tamed monkey,   highlighted a quick trip to facilitate meetings with state representatives from most of the south American nations.   Prime topics covered included recent developments in the Middle East, especially Syria and Iraq; the latest Russian/Ukraine moves; bombings in Santiago, Chile; talks with the coalition of western nations with Iran on nuclear developments; and of course, Argentina's international debt and her inflation.  Brazilian elections were not on the list.
more later

Thursday, September 25, 2014

End Of Summer/Beginning of Autumn

   September-remember?  Weather changes are in the air.  Grape harvest is in progress.  My friend, Bob B., has yet to bring in the crop.  He says, "next Wednesday. Sure".   His grapes got a cold shower late last night as a front moved across the north state, and giving NorCal its first good watering in many months.  A welcome sign to some drought relief.
     Maybe this winter we'll see some serious precipitation.  Prognosticators are constantly changing their views; there isn't a consensus among them.
When?

Target: Oil Refineries

       Well, not the "classic" refinery as we've come to know them.   In Syria and Iraq, in the area now controlled by IS, 'independent' brokers have set up mobile basic oil processors which IS crude providers use on a cash and carry basis to obtain diesel for their Humvees, armored cars, and assorted field trucks.  These targets represent a mere 1% of oil produced controlled by IS.   However, a continuous campaign could have an effect on the 1-2millions/day going to the murderous rebel/pirates running amok among the Arabs.
     In addition to the US air forces, others are involved, including Saudis, Qataris, and others.  this seems to have been part of the result of president Obama's plea in front of the UN this week.   The campaign has been underway for at least 2 weeks.  Targeting data has been secret, but the results have been publicized to a limited degree, showing videos of smart bombs impacting above ground buildings.
     Drones have been employed, but not with the full range of their capabilities.   The future use of drones is expected soon.
     The nagging question for the future: where is Russia in this affair?  Why have they been too preoccupied to join the rest of the world?  And why do they raise the question of permission, at all?
Because they are Russian?  Hmmm.

Monday, September 22, 2014

Kurds: Can They Hold The Line?

      On 60 Minutes last night, reporters interviewed Leon Panetta, former Secretary of Defense, White House advisor, and all around Washington authority.   He talked of the failings of various efforts to train and arm rebel and national military groups in the countries of Iraq, Afghanistan, and Syria.   Outcomes were not predictable, and in recent news, the Iraqi army did not display much training results.
     Now, the US is putting through a rush program to train Kurd pesh merga militia in an attempt to confront ISIS forces on the ground in Iraq and Syria.  Is there a possibility of success?  If recent history is any lesson, in a word, no.   So, why do we persist in following a path that is known to fail?  Is it the "do something, anything to look like an action plan'?  Only the President can really answer that question.  With little accurate information available to the public(voters), not much can be said about the "plan".
      Over the past 20 + years, our combined efforts in the Middle East look rather thin on outcome.   Is this time better?  Can we believe in light at the end of the tunnel(to borrow a 60's phrase)? Not hardly.  Our diplomats and security advisors, including the vast army of private think tankers, have yet to come up with a viable, sustainable "plan".
     The Kurds appear to be an ally.   We have had some good relations with the group going back at least to 1991-92 when US Marines, under then Colonel James L. Jones, the future commandant of the Corps, led a regiment into the area to step in between Turks and the Kurds to prevent a wholesale slaughter.   Even former CentCom CO, Gen. Anthony Zinni, spent time with the Kurds a few years later.   Their parliamentary leader, who appeared on 60 MIns, expressed hope that results could and should be worth the effort. 
    Time will tell.

Sunday, September 21, 2014

Venezuela: Now What?

     President Nicolas Maduro seems unable to make a decision worthy of a chief executive.  His " show" trial of opposition leader, Leopoldo Lopez, is a travesty.   His indictment contends that Mr. Lopez incited violence through  "subliminal" messages.  The judge in the case allowed over 100 witnesses for the prosecution, but only 2 for the defense.  Mr. Maduro has called Mr. Lopez an American pawn.  When in doubt, bad mouth America!
      Can he blame America for his country's inflation rate, now at 60%, which he can't seem to control?   Maybe his oppression of a free press he can blame on America.
      Next year,  Venezuela will receive an appointment to a seat on the UN Security Council.  And who does Mr. Maduro appoint as his country's ambassador to the UN?  Why the late Hugo Chavez' daughter, 34 years old, who has NEVER had any job.   Apparently, Mr. Maduro has an un-serious view of his own administration.  What is he thinking?  Will this appointment score points with the late president?  Oh, he's dead.   Is he sending a message to the world that Venezuela could care less about international affairs?
     The poor Venezuelans: lost at sea, burdened with leaders unworthy of any role in national government.  Alas, the rest of Latin America shakes it head, and tries to overlook their neighbor as Venezuela descends into chaos.

New Prime Minister in Poland: Ewa Kopacz

     The mayor's Office in Tahoma sends congratulations to the new Prime Minister of Poland: Ewa Kopacz.  She named a new cabinet of ministers who will wait for approval by the parliament.   She replaces Donald Tusk, who has taken a top position with the EU.   Along with Italy's Federica Mogherini, the EU will attempt to shake up the union's leadership in hopes of forming a more unified political union during the current period of economic stagnation.
      With conflicts raging in the Middle East, southern European nations are feeling the effects in the upsurge in numbers of immigrants landing on their shores.   More attention will be paid to the problem in hopes of developing a concise and acceptable plan to deal with the refugees from the North African/Middle east region.

Turks Released From Captivity by ISIS

       Turkish authorities, including President Erdogan, announced the arrival in Ankara of Turkish citizens captured at the Turkish consulate in Mosul several months ago.   Negotiations were not made public and the release was not made official until hostages were safely at home.  Their harrowing experience has not been openly discussed and individual have been advised not to talk with the media.
      Diplomats have kept quiet about the affair, not wishing to upset negotiations with ISIS, the organization responsible for their capture.   Apparently, the Turkish government refused participation in any coalition to oppose ISIS until the transfer was completed yesterday.   At this point, Pres. Erdogan has more options open to him in dealing with the US and other Western European nations who are planning to take military action against the Islamic State known as ISIS.  Some victims reported various tactics by captors to scare and intimidate hostages, and that they were moved at least 7 times, often under observation by drones operated by the Turkish intelligence group.

Tahoe Triathlon Cancelled

      Due to heavy smoke in the basin this past week and today, organizers cancelled the scheduled Tahoe Triathlon.  One of the most popular outdoor events during the fall season, the athletes who participate enjoy community support while spending time at the lake before, during, and after the race.
      The fire producing the smoke has spread to more than 120 sq. miles(about 3X the size of San Francisco) and has destroyed over 100 structures.   The large volumes of smoke are sent over the Pacific Crest by the prevailing west winds.  It could be awhile before we can see pristine blue skies again.
     Meanwhile, no alternative dates have been set due to the uncertainties involved in containment of the forest fire.
      If rescheduled, the backers will make a future announcement.  We'll keep you posted.   The views over Meeks Bay are decidedly smoky.

Saturday, September 20, 2014

Julius Ceasar Act IV, Scene 3

Brutus:
           There is a tide in the affairs of men Which,
            taken at the flood, leads on to fortune;
            Omitted, all the voyages of their life is bound in shallows
            And in miseries.
Cassius.

Thought For A Day

Friday, September 19, 2014

Win For Young Scots

      Independence  hysteria in Scotland was dampened yesterday when the vote on separation was a decided NO.   Voters as young as 16 decided that they didn't want to be rid of the QE II.   Enough of the chatter about going it alone.  No Braveheart for them.  So the vote: 55% no, 45% yes.
     A little bit of common sense prevailed.   Was it David Cameron's public appeal's?   Was it the awful truth about diminished North Sea oil?
      The results also brought about the resignation of the Independence Party's leader Mr. Salmand.  He admitted defeat and decided it was time for another leader to take on the mantle of the party.
    Do you hear this in Barcelona?  Bilbao?   California?
    Oh, the Scots.  No doubt they don't want to become Londonstan.

Oligarch in Trouble

     In Russia, if you work hard, save your money, engage in legal behaviors, one should stay out of jail.  However, laws in Russia have a certain fluidity: thy are not inflexible holdovers from the Tsars, they have been adapted to the current business climate.  The net results: 1 Oligarch under house arrest.  This man is not a household word in the West, but he is a known entity-most billionaires are, especially among industries.
     So this man has run afoul of the law.  What law?  WHOSE LAW?   can he get bail?  Or does he have to giveup his assets to buy his freedom(move to London)?   Most of these characters have to move to Canada, or London, Or Cypress.   Russia is just too small for more than 2 or 3 billionaires.   Soon, old Mad Vlad will spring the trap, and the oligarch will be out and on his way to London, or Switzerland, or...........
   Ahhhhhhhh, Russia, what a fascinating culture, complete with vodka.

Gen. Anthony Zinni Promotes new book

       The retired US Marine General, Anthony Zinni, is making the circuit promoting his new book.   The book, written with a co-author, outlines his ideas about military engagement(s) in the Middle east.   During today's interview, he responded to many pointed questions which he answered candidly and confidently about current events in Iraq and Syria and the US response.
      His 40 years of service play well in writing about the middle east after having served as Commading General of CentCom which was Responsible for US military operations in the Middle East.  The book is his second and this able commander can provide the insights necessary to wade through the quagmire that the Middle East has become.
More later on Gen. Zinni.

Russian Thugs Attack BBC Reporters

       Three BBC reporters on assignment for the British Media arm, were physically set upon by an unidentified group of men who pummeled them, smashed their video cameras, then took off in a vehicle and with them went the cameras.   The newsmen reported that the men spoke Russian, surprise, surprise.  Maybe they were Chechens, trying to stir up trouble.   Maybe it was the male arm of  Pussy Riot ?   Maybe they were jealous rivals from RIA Novosti?
      Human Rights Organiztions have been alerted to the attack.
       Mr. Putin, have you lost control?   Can't you see the net effect of your policies on average Russian citizens?   Soon, all travel visas will be revoked and Russians will only be able to travel to Syria and Iran, and maybe Cuba.   This will make them even more paranoid.  Sad, really.  I guess one can take the boy out of the KGB, but not the KGB out of the boy.
      What would Alexsandr Solzhenitsyn say about this?  I'm sure he would say that Russian leadership is stuck in reverse and refuses to change course.   I don't believe it.  The Russian people are better than this.  They definitely deserve better than Raz Putin.
     If I were Raz Putin, I would be looking at the situation between China and India, especially over their border disputes and the movements of thousands of opposing troops, even as India's new premier, Moti, signs agreements for between $5-$50billions in trade agreements.  What about that long, lonely Siberian border with China?  Where's the line?  Indiais asking the Chinese to provide a map.  China can't find it.   Mr. Putin, are you watching?  Are you listening?
   Yesterday, french warplanes bombed ISIS positions in Syria.   This is a new development.

Fermentation Complete

     The results are in: Brix at zero!  fermentation of the crop is done.   Tomorrow the press and placing the young wine into temporary containers for initial aging and cellering.   The process is benefiting from excellent weather.
      Hopefully, the chemistry is adequate for the current situation but, tests will be run tomorrow during the press and transfer to smaller containers.
Vino In Veritas.

The Smoke, The Fire, The Fear

    The King Fire over the hill from Tahoma in our own El Dorado county, has caused concern among local residents.   Within a span of a few days, the fire has spread to over 120,000 sq. miles of  foothill forest land.  It seems that as the fire approaches the higher elevations, fuels will diminish and control will come sooner.
       This isgood news as the smoke has drifted into the basin and can be seen from the entire lake shore.   It seems to be smokier than the Angora Fire in South Lake just a few years ago.   While some homes have been threatened, not much has been affected by the fire in terms of housing.
      The Weed Fire in Siskiyou County is something else.  143 structures within the town limit have been completely burned to the foundation.   One third of the town has been destroyed.   Water supplieshave been affected, and CalFire has brought in temporary containers to provide water to downtown businesses and homes.   High winds were responsible for driving the fire at a high rate of travel that caused many residentas to flee for their lives.  Fortunately, no lives have been lost in either blaze.
   Pray for rain.

Mr. Poroshenko in US Congress

       In a rare event in Washington, DC, a foreign President addressed the members of the US Congress in joint session, with Pres. Obama and Vice pres. Biden in attendance.  He expressed himself in careful terms, explaining his country's willingness to confront Russian President Putin's land grab in Ukraine.   He asked for cooperation and assistance, which was promised by the White House.   So, here we have a suitable response to  Novorussiya.
     Pres. Poroshenko has shown great restraint in his administration and conduct of an apparent invasion by a stronger neighbor.   The world is watching and waiting while affixing trade and banking restrictions on Soviet activities.  It is encouraging to see the EU grant an association status to Ukraine under the circumstances.  Perhaps they can understand the meaning of inaction in the face of aggression.
     Mr. Poroshenko can return home confident ofUS support, with perhaps less than he wanted in terms of military support.  Nonetheless, he can go home with a brief case filled with international recognition, admiration, acknowledgement, and agreement.
     Bravo, Mr. Poroshenko. 

Wednesday, September 17, 2014

Mr. Poroshenko and EU

      Poroshenko, president of Ukraine, has signed an official agreement with the EU to be an associate member of the bloc.  In addition to this move which was applauded by those loyal to Kiev, the president allowed that eastern Ukraine would be given n increased measure of autonomy, while still a part of Ukraine.  What does this move mean to the average "man in the street"?
     It could mean that Mad Vlad will proceed with his maniacal program of "Land Grab".  If so, then more sanctions will flow his way.   With winter not far off, energy will take center stage, again.  Gas pipeline shut down is something that most EU members expect and are planning accordingly.
    Of course, this will lead Raz-Putin  to fumble his way to another goofy grab.  Maybe he'll claim that Russian speakers in Liberia need protection.  Or maybe his good friends in Syria and Iran will start speaking Russian over dinner and he will invade to protect them from fascists, any fascist, anywhere.  After 75 years, you'd think that the average Russian could get over the Fascist in the Closet mentality.  But then, you are dealing with Russians who still think Napolean is alive and well and at home sharpening his bayonets.
     Good for Mr. Poroshenko.   He deserves unlimited support from France, Germany, Spain, Great Britain, Italy, and Greece, etc.   Maybe he'll prove to be the force to fix Ukraine, in spite of Mad Vlad in Crimea.

Tuesday, September 16, 2014

Highway 89 and the 3 Foot Law

     Today in California,  a new law went into effect: cal. Veh. Code 21760- the Bicycle Safety Clearance Law which requires that vehicle drives pass bicyclists by at least 3' to ensure safety of cyclist.  Fines start at $150 and can reach $220.
    DRIVERS ON HIGHWAY :  Be alert, especially around Emerald Bay which lacks a bike path or lane.  Highway 89 is a cyclist's favorite ride because of the scenery and relatively flat route.  Unfortunately, much of the speed limit is at 55mph.  A provision of the law- read this- a driver cannot cross a double yellow line to pass a cyclist.  The CHP will have fun enforcing this one.   Cameras will be a help or hindrance depending on who has the camera.
     This is for safety, just like a lot of other useless provisions of the CVC.
    Save yourself some grief:  be careful when driving around cyclists.   Perhaps the state could provide a law that would require cyclists to USE A BIKE LANE if provided w/i 100' of the highway.  Wouldn't that be interesting?   Since it is really only a summertime phenomena, most locals will take it in stride.  We shall see.

Putin POster Boy

     That face, those eyes.   Most literate folks around the world have had a look at Mad Vlad's steely looks now since his "election", again, of the president of Russia.   The Economist featured that face on the 7/26-8/1 cover.  A plain, color photo clearly chosen to accentuate "the Look" that the pres puts forth as part of his mystique.
    It really is getting tiresome.  Ok, so you like to put on an Olympic Games.  Big deal-everybody likes a party, especially if someone else is footing the bill.  Who cares if one used it as a cover operation for the take over of a key part of Ukraine.   It's embarrassing to civilized folks that this peanut of a man(like ol' what's his name) can engineer a coup of sorts under the nose of a struggling former satellite of the former USSR.   Covered with bald faced lies, Russian troops, cleverly disguised as Russian troops, swept in and surprised a few sleepy Ukraine troops who weren't sure what happened until it was over and done with.
        Media likes a Putin: gives them something beyond humdrum topics like soccer, the NFL, Ebola, Chinese naval tactics; Palestinian aggression, and of course, Angela Merkel.
     Everybody asks:"What does Putin want?"   Who cares?  ONly a few oil companies and some oligarchs with capital investments in the Arctic/Siberia/ Kamchatka/ Caspian areas.
    Where's Sergei  Magnitski when we need him?

Dan Walters on California's Budget

      The venerable Sacramento observer and writer, Dan Walters, has a column today that tries to explain the California budget turnaround under Gov. Jerry Brown.  Prior to his election, the state was in a fiscal free fall into red ink oblivion.   This is in a state that is the envy of al the others, and not a few countries around the globe.   Recently, California surpassed Italy, climbing into the #8 spot on the global scale of large economies.  And this with half the population of Italy. 
     Mr. Walters mentions the tax increases, passed by the voters, to raise taxes on the 1 per centers: those with taxable income over $500,000/yr.  It has a time limit, set to expire in a couple of years.  He also points to the fact that these taxpayers are paying a significant portion of their tax based on the sale of equity positions, ie. stock holding sold at profit.   This means that this tax income to the state will fluctuate, be variable, year over year.   He mentions the sales tax increase, which is now at 7 1/2%(plus local differences that can raise them to almost 10%).
     How nice that he didn't mention the plethora of fees that continue to plaque taxpayers: fire prevention fee(on rural residents,only);  the lumber fee-1%; the paint fee-1% on the container; the real estate transfer fee on almost all transfers of real property; and on and on.
     All of this adds to the feeling that we have become a state of sharecroppers, dependent on the Padron who it is hoped, is kind and benevolent. Ha.
     Mr. Walters didn't mention the 300000 PARENTS, who choose to send their children to private school, for a variety of reasons, saving the state and its taxpayers hundreds of millions of dollars per year.   Nor does it mention those taxpayers who choose a private college instead of  state run schools, saving even more tax dollars.
     The mayor understands the limits on a writer's column, but maybe he could paint a more complete picture of Jerry Brown's budget.   Maybe look at Dino Cortopassi's numbers.  Truth to power.

Climate Credit? Really

     In California, home of the One Party Political Operation, utility customers/bill payers received a notice with their current bills that announce an upcoming credit on the monthly bill.  This Climate Credit is a payment to Californians from a program designed to fight climate changes by limiting the amount of greenhouse gas pollution out largest industries put into the atmosphere.  How wonderful!

This program is one of many developed as a result of landmark legislation called the Global Warming Solutions Act of 2006, which puts california at the forefront of effortsto battle climate change.
    I feel like a guerrilla fighter in a unnamed war.  Hmmmm.  Is this a role of a state?  Does this contribute to job creation or job reductions in the state?  Has the unemployment rate climbed or has it been reduced as a result of the program?   How does this fit in with Jerry Brown's 'train to nowhere'?
    I can't wait to get my credit.  How will I spend it?  Will Tahoma experience a shot in the arm(inoculation/infusion) of cash?  Will 'Where We Met' see an uptick in coffee orders?   Time will tell.  Watch your bills for the "credit".

The Brix Is In: 2014 Crop Results

    No, not the "fix", the brix.  The brix is the number that represents the sugar content of grapes on a recognized scale, 0-30.   Grape growers across California are checking their brix measurements in anticipation of harvest of this year's crop.  The mayor was called off the hill to assist a friend whose crop was mature, but waiting for the right numbers.   This was achieved Friday last and harvesting began at the crack of dawn.  For the next few hours, in broiling heat, the mayor and his loyal deputy rummaged through the vines, dodging pesky hornets, clipping the clusters, one by one.
      The large bin for collection was about half full at the end of the day(end of picking).  It was time for rest and recuperation.   Saturday would be the day when the job would get done.   And it was.
Saturday broke early, and a vigorous effort completed the work.  All workers were tired, but happy to have the work in the bin.
      Now the fun begins.  Grapes were crushed on Sunday, bright and early, with the powered crusher used for small batches(non-commercial amounts).   This process yielded over 100 gals. of 'must'.  Then, the must is sulfited for 2 hours, then the yeast is added.  This season the yeast used is Assmanshausen, a dry wine yeast.   This yeast is recommended for red wines, especially Sonoma County pinot noir.  Temps initially are at about 70 degrees.  This will rise.
More later as the fermentation process continues.   Updates regularly.

Thursday, September 11, 2014

9/11: We Remember

       Had lunch today with a group from the 'hood.  Old friends that spent a lot of time together.  Nice to see them.  But, as a group, we recalled the tragedy of the double bombing of the World Trade Center in New York City.   Soon, the site will be restored to world prominence with a replacement building and a memorial.  Among the 3000+ victims of the Saudi terrorists were the 343 firemen from New York City who responded to the awful events that culminated in the collapse of both structures, killing all the innocent civilians.
     This was the evil work of fanatics, of which the world was reminded only in the last few weeks that a number of them are alive and well in the Middle East sowing hatred and death in their path.  Until such time as the rest of the Arab world can unite against evil, they will continue their insane path of murder and destruction.
     We here in America remember, and we will not forget, ever.

Wednesday, September 10, 2014

Obama Speaks

    In a response to recent events in Syria, Iraq, and Turkey, President Obama announced a newpolicy toward the murderous group of insane muslims who call themselves the ridiculous name of the ISIS.  USA will be sending atoken group of trainers to help out.
    Sad, really, Obama just doesn't get it.  Didn't he hear of Vietnam?  No.  Piecemeal is worse than pablum, and tastes worse, too.
    What advisor came up with this phony plan?  Susan Rice, probably.  Was henry Kissinger involved?  NO.  General Petraeus?  No.  gen. James Jones?  That's asking too much.  Gen. Anthony Zinni?  No.  Too smart.
    Maybe it was proposed by John Kerry, the Sec. of State,  or truth be told, the big oil companies who are heavily invested partners in the ISIS controlled area.   Nothing new here- big oil swings a mighty pendulum, Russia not withstanding.
    So, get ready for all the typical headlines.  Best of all will be the total decimation of the democratic chances in the off year elections in November.  Lots or retirements will soon be anounced.  Thank, Pres. Obama-great speech, even if you didn't write it.

Russia tests Missile

   After several years of frustrating failures, the space admin of Russia test fired an ICBM that went as planned.  Amazing, after all the rubles Mad Vlad spent to get this thing into the air.  You'd think that the Russkies had Rubles to burn.  Obviously, they thought another airliner was close by.  Speaking of airliners, The government of Netherlands published a preliminary report on the shoot down of Flight MH17 over Ukraine.  The report stated that the external explosion has the trademarks of a proximity-fused explosive projectile.  So, it was not a standard shoot down by aircraft, but a missile munition.  The FSB says the Ukrainians didit.  But, soon, we will have the truth-------Vlad, are you listening?  Are you awake?  Worried about Pussy Riot?
     The C.I.A. estimated that this missile test cost more than a Mistral aircraft carrier.  Cheap ship, really.   Probably couldn't defend itself from a SCUD .
    The White House did not comment on the test firing of this old technology timed to out shine Apples's new iphone 6, and iphone 6A.   Apple had more success with its wristwatch.
     Poland did not comment, but Ukrainian rebels said that can only mean Russia is more important than  Chechneya.

Sunday, September 7, 2014

The Last Summer Moon

     See that reflection on the surface of the lake?  See the big 'eye' in the sky over Mt. Tallac?  It's a September full moon, the last full moon of summer, 2014.  The days are still warm, but shorter.  The clouds high, white, puffy, if smaller than midsummers' monster cumulus.
     The ponderosa pines are sporting some brown fringes as needles beg for moisture, while the grey squirrels roll  their cones into hiding.  This year's crop of sugar pine cones are thundering down all over Sugar Pine Park, creating hazards for a few hikers and providing sustenance to the ground forces.
     Homoturisticus has all but disappeared, descending the mountains for his flatland habitat.  Peace and quiet are left in his wake.
     Autumn, in 2 weeks, will be official.

Putin Compared to ISIS

      A noted journalist in nytimes.com , Thomas L. Friedman, a writer with heavy cred when talking of the Middle East, Islam, and other current topics, wrote today's column highlighting similarities between Russia's current leader and the Islamist group called ISIS( Islamic State of Iran and Syria).
      He equates both with attempts to turn the clock backwards.  In Russia's case, he asserts that Putin wants the so called glory days of pre-1992.   ISIS wants to declare a 'caliphate', back when science and reason had yet to be discovered.
     His writing, however  briefly, makes some good points-some obvious, some not so much.  Of course, we are on the opinion page of an international newspaper that has made public opinion turn in its direction for over 100 years.   That is to say, that Mr. Friedman has a following and a very secure job expressing opinions based on lengthy experience, careful studying of facts, and scrupulously sighting sources.   The net result will be the swaying, further, of public opinion in favor of increased sanctions against Putin's Russia or NovoRussyia, and actions to stem the tide against ISIS, which is the easier of the two.
      The White House reads Mr. Friedman, and I'm sure sufficient Russians too.  Tomorrow's actions will reflect, in part, this written opinion.
More vodka to the Kremlin, please.

Tahomans Cheer Italian, Italians Go Wild

      The buzz around downtown Tahoma revolves around the startling news:  a young Italian/American has won the most prestigious chess tournament in the USA this year-the Sinquefield Cup in St. Louis, MO.   The young grandmaster, Fabiano Caruana, dominated the competition that included the top players in the world.
      In the 3rd round, he routed Magnus Carlsen, of Norway, the world champion.  He defeated Levon Aronian of Armenia, the world's #2 ranked player.   He trounced Hikaru Nakamura, the top United States player.  He then went on to humble Veselin Topalov of Bulgaria and Maxime Vachier-Lagrave of France.   The tournament was the strongest in history, based on the world rankings before the tournament.   The closest win happened in the World Championships in San Luis, Argentina, in 2005 when Topalov ran up 6 victories on his way to the title.
     Two of Capuana's games are on display in today's nytimes.com.
      That Capuana is so young, 22, indicates his mastery of the art and style of international chess.  He has trained with the best all over the world, and has chosen to represent both Italy and the United States.  He is a 3 time Italian champion, and claims dual citizenship in the USA and Italy.
      Certainly, Italians can puff out their chests a bit more this morning as they absorb the significance of this great win by one of their own.
      Tahoman kings, queens, knights, and pawns all cheer this great moment in current international chess history.   All right at home in St. Louis, home of the Cardinals.

Saturday, September 6, 2014

Scots Going It Alone?

      Many Tahomans with Scottish ancestors have been buzzing with the topic of separatism.  In 2 weeks , Scottish voters will go to the polls to put some weight behind a local issue: that of detaching themselves from the Queen of England and her government after 300 years.   Seems like these things can't go on without some balloting on the topic.   We saw it happen up north a few years ago when a group of disgruntled French-speaking Quebecois wanted to vote on independence from the rest of Canada.  Reason prevailed in that case, and a majority voted to live with the larger body with all its imperfections.   Saved themselves a ton of money, too.
       Maybe that will happen in the Scotland/UK Affair.   Do you want to pick up the independence tab?   Won't be cheap, my friend.   New monetary unit, probably not a Euro zone euro.   Form a government?   Type?  Social welfare cost- extraordinary, of course.
     It will be watched with some degree of concern, but not too much.  Maybe Mad Vlad will see some Russian speakers walking around Glasgow and invade( he'll need the 2  Mistral carriers) and save the day for Scottish Russian speakers.   Or is he afraid of sanctions: no more German beer, French wine, Italian clothes, Greek olives, and Spanish tapas.
    We'll be watching this vote closely.

Cease Fire in Eastern Ukraine

   In Minsk, Byelorussia, negotiators announced a ceasefire of hostile operations between separatists and Ukrainian government forces.  Locals were relieved that the shooting and bombardments have ended after months of back and forth fighting among Ukraines and pro Russian agitators who had crept into eastern provinces to stir up Russian sympathies among dissatisfied residents.   After making a mockery of government forces in Crimea,  Soviet troops ripped their insignias off their uniforms and crossed the border from Russia into Ukraine to solidify gains made by separatist guerilla fighters who claimed to represent some type of ill-defined protest against Kiev actions that led to the ouster of a proRussia  premier, now on the lam in Russia somewhere.
      Mad Vlad wants a secure easement across Ukraine so he can tap into Crimea's oil and gas reserves that he can then sell at monopoly prices to the western European grovellers dependent on foreign energy sources.
      So, will Mr. Putin be hailed as a peacemaker?  Or will he be reviled for caving into the West's sanctions against Moscow and its oligarchs?   Will the ceasefire hold, or is it really just another step on appeasement's road?   Will the air around the Ukrainian border start humming with drones as they target a few Muscovites?  I can hear the noise already of the Soviet Defense Minister's claims that Russia is just helping out Russian citizens who are being abused by fascists, again.
    I guess Old 'Bama is starting to listen to the war hawks in the Security Council.  Enough of the lines in the sand, they say.  Crank up the drones, fry a few Murmanskis or Vladivostokians, or Kamchatkians.   That will twist ol' Vlad 's intestines.  
    John Kerry will no doubt get his orders from the C-I-C after the NATO conference.  It will be interesting, I'm sure.
    We in Tahoma can't wait. 

Friday, September 5, 2014

The Fighter Pilot From Calabria

      The Mayor was visiting with a local friend this afternoon, talking about wine and this year's crop potential.  A friend of the friend happened by, actually a neighbor from down the street a few doors.  Friend Bob introduced us-this is Phil.   He's 96 years old!  Phil laughs, and admits to 85; but he looks younger.   Phil is retired and lives with his second wife in a house he built about 20 years ago on 6 acres.
     Bob and Phil and their wives have been friends for 10 years or so, enjoying meals out together, and just with the boys(they each have sons).   In time Phil admits to being an immigrant, landing in America as a child of 8 in 1937.   Where did his family hail from?  Southern Italy, on the arid west coast, south of Naples.   Times were tough for all Italians as Mussolini's Fascists were on the move, making expansionist forays into East Africa, enlisting settlers to move to the new "Italian Empire".
     His family had had enough.  So, it was off to San Francisco where he was raised in North Beach, aka Little Italy.  With Anglo Rossi as Mayor then, Italians were well respected. A.P. Giannini was expanding his Bank of Italy which became Bank of America.
     So, little Phil became an American.  After 4 years at Galileo High School, Phil joined the US Navy where he learned to fly as a fighter pilot in the famous F4U Corsair, the distinctive gull winged combat veteran that flew off carriers against Japan.  Now, the Navy was focused on the Korean war.  A truce was signed before Phil was deployed and he was discharged.  He then took on college with the GI Bill and went to Stanford for undergrad and an MBA finishing in 1956.  He then went to work for the next 40 years for PG&E.
     He returned to his hometown in 1985: Verbicaro(CS), Prov. Calabria.  He found his old home and in a moment of amazing luck, found the woman who delivered him, at home, in 1929.  She was a spry 97 and recognized him immediately!
     Phil owns a little vineyard back in the "Old Country" but is looking to sell.   Not much interest anymore.  By coincidence, Phil's home town was the same hometown of the mayor's grandparents.
What a small world.  Phil spends time with his family and has a nice machine shop set up in his garage where he works in metals, creating artworks, ranch projects, and general tinkering.   Phil is very possibly the only Stanford grad from Calabria.  Nice story. 

Thursday, September 4, 2014

French Premier Gets Exposed

    The former First Girl of France, ex- girl friend of Monsieur Hollande, published a tell-all book about her break up with the head of France.   It seems that she could not take it any more and she says she cracked up mentally.  She went into depression and tried to commit suicide.  Now such revelations are unheard of in France.  Despite their lack of formal marriage, she was accepted as his partner in every respect.  However, the Premier decided that a little nookie on the side would be Ok.  He arranged trysts with a popular film actress who lived in the neighborhood.
     How common and pedestrian.   Did the cad think he would be absolved?  Perhaps he thought it would play well in France among his peer group.  Wait, he's w/o a peer, he's the president.  Hmmm.
Bad planning, bad timing.
    Her book will sell well, even in France.   I will review the story as soon as I get a copy.  Mr. Hollande is in Wales today to chat with Obama and other peers.   They'll be discreet, I'm sure, and laugh behind his back.

State Department Museum Groundbraking

    All Tahomans were excited to hear that the US State Dept. will begin construction of a new museum in DC that will feature a visual history of our Foreign Service and its dealings about the world since 1776.
     A historical photo was published today featuring the present secretary, John Kerry, and his six predecessors: Hillary Clinton; Madeline Albright, Dr. Henry A. Kissinger, James A. Baker III, and Gen. Colin Powell.   Each held a ceremonial 1st shovel, a project tradition.  I can't wait to go through the doors and read about all the glorious accomplishments of statecraft:  Marshall Plan, Truman Doctrine, Cuban Crisis, Gulf of Tonkin, Korean Truce, Panama Invasion, Iran/Contra Affair, Iran Hostage Crisis, Greek Civil War(CIA), Italian Communist Takeover(CIA), Spanish Dictator(Franco) Support, Rebuilding of Japan(McArthur), etc.
     There will be something for everybody-sort of Disneyland for Diplomats!  One will have to elbow aside agents of KGB, NKVD, MOSSAD, MI5, MI6, and a few others, mostly Chinese.
    The photo will be a collectors' item, I'm sure.  Maybe Mr. Putin will ask for a copy as he knows them all personally. Ha.

Mistral Misfire/Backfire

      With NATO members meeting this week(today), French premier Francois Hollande announced that the two Mistral helicopter assault ships will not be delivered to Russia pending developments in Ukraine.   Soviet defense minister Yuri Borisov said that," it's no big deal, but somewhat unpleasant and creates tension with french partners." Right on, Yuri.
     How about giving some Pepto-Bismal to Mad Vlad; he might need a cup or two.  Now we expect Obama to take them off the French and write down some of the BNP Paribas fine to cover the cost.  Isn't high finance great?
     Then we'll see US Marines climbing aboard the ships and making themselves at home, handing up Playboy centerfolds, draping NFL team banners over their bunks, and finding locations for their game consoles so they can practice virtual assaults on the Baltics.
      In a sharply worded critique of current European Union foreign policy, a former german defense minister, Karl-Theodor zu Guttenberg, raked the leaders of union countries over the coals for their collective inaction over events in the Ukraine and the Middle East.  He called events there reminiscent of 1914 when European leaders failed to recognize the importance of disparate events that cascaded into the World War that left the continent crushed for decades.  He noted that European member states have failed to provide adequate funding for their collective defense, relying on Big Momma across the Atlantic.   Even Germany, which only recently sent arms to Kurdish forces in northern Iraq.   What is Mr. Putin to think of European leadership?  Same old, same old.  In July, Hungarian premier Orban praised Mr. Putin as a leader.  Sad, really.   How soon they forget.

Tahoe basin Residents Cheer TESLA

        Gov. Sandoval of Nevada held a conference in Carson City yesterday and announced the decision of Tesla Motors' CEO Elon MUsk to build his battery plant in Nevada.  The $5 billion plant will be completed by 2017, employing up to 6500 employees.  Panasonic is a partner in the plant providing 30-40%  of its cost and supplying battery technology expertise.   Musk says this will accelerate the time frame for marketing a 200 mile range vehicle that will sell for $35,000.
       At a time when state unemployment figures are still too high following the 2008 Great Recession, the announcement was welcome news, especially to the long term unemployed.  Tahoe Basin residents were also enthused because of the easy access to Carson City over Highway 50 and Spooner Summit.  It could also prove to be a boon to lakeside hotels and resorts, including Heavenly Valley and the soon-to-be-built Homewood Mountain Resort on the west shore.
    Tahoma residents would would also benefit as locals look to Homewood as a source of future employment opportunities.  Cheers to Elon Musk.
     Mad Vlad Putin is probably not happy: he was hoping the gigafactory would be built in the Crimea, or maybe Moscow.

Wednesday, September 3, 2014

Minister to Peru

   Our Minister of Latin American Affairs announced he will be heading to a conference in Lima , Peru next week.   With hardly enough time to unpack his bags from his trip to Cartagena, Colombia, he's off again.  But not before he jumps into the Potomac River for some September fun.
     The Wash., DC Triathlon takes place this Sunday with the first swimmers going in at 7am.  The Olympic distance event is a benefit for the Leukemia Society, a fund raiser that is very successful.
    Our minister has been training like a big dog: riding his bike, swimming endless laps in the pool, and running through Rock Creek Park, up and down the hills.  No, he hasn't run into Pres. Obama yet on his runs, but probably a few FBI agents, CIA agents, KGB agents, and drug dealers.  But, not to worry, our intrepid minister is undaunted, focused, and dedicated to perform at the highest level.  He hopes to record a fine time that Tahomans can be proud of.   We wish him the best.
Results  will be posted as soon as he crosses the finish line(if he finishes).

Burining Man 2014: It's A Wrap

     Locals on the West Shore of Tahoe have taken note of several vehicles around town covered in thick, white dust.  Clear evidence the occupant(s) have returned from northern Nevada's signature summer event: the Burning Man Festival.  The week long encampment of artists and their work and workings convene in the Black Rock Desert playa northwest of Reno, a long way from anywhere.  Reports on the website burningman.com list attendance at 66,000 this August.  About 4000 less than the maximum allowed by the BLM folks.
     The weather was not too bad, with one wind/sand event on Friday.  But most folks were somewhat prepared for this phenomenon.
    Meanwhile, back in Tahoma, some folks were getting around to hosing off the thick layers of desert dust.   One car, though, seemed to relish the coating, like a badge of honor, a sticker/medal to be flashed about-'we were there' type of sign.  I was intrigued by the fingered lettering across the rear window: "Berkeley or Bust-Free Weed".   Hmmm?  This called for more research.
     Sure enough.  Big article in nytimes.  City of Berkeley, CA announces new ordinance that requires marijuana dispensaries to deliver free weed to the poor, defined as those residents whose income falls below $32,000/year.   Mayor Tom Bates says that it would be immoral to withhold  medication from those who cannot afford to buy that which they need for pain management.   One client, interviewed while getting his weed said that he couldn't remember which ailment requires the pot, but he needs it just the same.   Mayor Bates touted Berkeley's pot as pesticide free to insure healthy clients are not harmed by chemicals.
     So, from Burning Man to "Man, Berkeley. ALLLL Right!

A Kennedy on Vietnam, 2014

      A documentary will be released Friday produced by a niece of the late president JFK.  Rory Kennedy is the 11th child of Robert and Ethyl Kennedy and lives in Malibu, California.  The film was written by her husband, Mark Bailey, and Kevin McAlester.  Ms. Kennedy has directed or produced more than 30 films, including "Ghosts of Abu Ghraib"(2007), about the prison in Iraq; and "Ethyl", about her mother, now 86.
     The film, "The Last Days of Vietnam",  will  evoke memories of the Kennedy family whose involvement began when JFK was elected to the Senate in the '50's.  The film was broadly reviewed in Sunday's NYT and the entire column can be viewed at nytimes.com.
     It is only fitting that this film be released for it was during August, 1964, 50 long years ago, that the Gulf of Tonkin Incident splashed across the headlines as President Lyndon Johnson decided to take action against alleged attacks in international waters by North Vietnamese patrol boats.  Johnson was in the midst of a heated election campaign against Republican candidate, Se. Barry Goldwater of Arizona.   The Air Force Reserve General was running a spirited campaign characterized by bellicose statements regarding Communist activities in Southeast Asia, the Taiwan Straits, and other WestPac locations.  Democrats did not want their candidate to be branded a softy on Communism and approved of his rhetoric and his armed response to the North Vietnamese attacks.   To this day, the actual events are shrouded in a fog of mixed signals, wrong moves, false reports, and chasing ghosts in the Gulf of Tonkin.  Perhaps the film will include a reference to this minor incident that led to over 12 years of war and hundreds of thousands of deaths of all participants.

PUC Slaps PG&E

      Our NorCal monopoly, energy giant Pacific Gas & Electric, was fined $1.6 billions yesterday for failings related to the explosion and fire in San Bruno, CA in 2010 that killed 8 people and damaged or destroyed 100 homes.  The panel cited 3, 743 violations of federal, state, and local rules that led up to the disastrous explosion and fire that followed, trapping some inhabitants in their homes.
     Of course, PG&E stock advanced on the news as executives admitted responsibility.   Another lawsuit is pending regarding federal violations separately.
      The monopoly has done little to redeem itself in the eyes of rate payers and regulators.  yes, they've hired more gas line specialists(not enough?).  Yes, they have redesigned their maintenance operations, but, does the customer feel safer?
      Recently, the Mayor had an electrical problem at the house.  Flickering lights.  It was determined by PG&E to be a damaged in coming cable wire providing power to the junction box outside the house.  It needed replacement and conduit patching.  Under the close observation of the Mayor, the work was completed in 2 1/2 hours.  About 230' of wire was installed in place during that time.  About 8-9 individuals were involved with the effort.   This incident occurred shortly after the San Bruno debacle.
      When asked about the bill, the foreman indicated that in light of recent events and that it was between the house and pole, it would probably be included in the service, at no charge.
     Months later, the bill arrived: $15,000. Again, $15,000.   When I called the # provided, the rep said that was the cost for the work, including materials.   When I told her the time involved, she repeated the former statement and hung up the phone.
      You gotta love a monopoly, especially one that is state sanctioned, like PetroBras, or PeMex, or GasProm.   No doubt the billing staff thinks they can charge like a hospital, without regard to costs!

Tuesday, September 2, 2014

Hamburger Wars: Kremlin v. McDonalds'

      Impose sanctions on Russia?  Well, no more beef pattie w/ fries to go in Moskava.  Russian health officials closed down 4 McDonald's franchises in the country last week to counter US sanctions against Russian banks and individuals.  "We'll hit 'em where it hurts", seems to be the operative phrase in the Kremlin.  No doubt the PR firm handling the Kremlin( a US firm) gave a little advice to the Putin machine.  Mention McDonalds, get free publicity!
     How many burgers fly out of those restaurants in MOscow?  200/day?  500/day?  Does anybody care?  Does Putin now have to send to Minsk for a McDonalds?  or London?   How would a Russian know unhealthy conditions in a burger joint?  Beet skins on the floor?  Empty vodka bottles among the wrappers in the trash?
    I guess it is better than shipping home a piano player or a ballet dancer or some other cultural exchanger.   Mad Vlad is definitely dancing to a different drummer these days.  One would think after all these years, he'd be getting a little tired of his own act.  Not so.  He's RUSSIAN!!!!!!!!!!!!!!!!!!!!!!!

Obama and NATO

     President Obama is in Tallinn today, meeting with the leaders of the Baltic states.   His visit is designed to reassure the commitment of the USA to NATO, the European Defense Pact put together during the Cold War to thwart the challenges from Russia and the eastern bloc countries of Europe forcibly gripped by Stalin after the cessation of hostilities at the end of WW II.
    After meeting in Tallinn, Pres. Obama will fly over to Wales in the UK for more meetings with NATO leaders to discuss current events in Ukraine and to reassure those member states, that despite caution on the part of the USA, the country is committed to our pact with Europe.  Recently, Pres. Obama has taken some heat over statements regarding our reactions to ISIS in the Middle East and Ukraine.  Mr. Putin seems to think that a replay of Hitler's tactics prior to WW II will play well in 2014.  Obama thinks not.
    More will come out as discussions continue and activities on the ground develop hour by hour.  Late news from ISIS indicates they may have murdered another journalist held in captivity.  What does this say to the world about ISIS?  It says succinctly that they are not worthy to be among members of the human race.

Monday, September 1, 2014

Bank of America: Inherently Corrupt?

       So, the Justice(?) Dept. put a hit on B of A for $16.6 billions of dollars.  Seems like a sizable fine of sorts.  But it didn't put the bank out of business and it hardly registered against its stock price.  The bank has long argued that the financial situations at Countrywide and Merrill Lynch, which they took over at the behest of Treasury Dept., SEC, Comptroller of Currency, etc., were at the core of the violations of banking laws.
      However, it is apparent from both the size  and scope of the fine that the Justice Dept. and the enforcement side thought otherwise.   Packaging mortgages with dubious quality became a standard practice, leading, in part, to the financial meltdown in 2008.
     One must ask the question today: are the big banks completely corrupted by size alone?  It seems after years of close scrutiny, nobody knows what goes on among the various departments in any of the big banks.  Regulators, faced with all the issues of a large bureaucracy, can hardly keep up with their own rules let alone the inside workings of the regulated institutions.   So, the legal departments continue to engage in the game of cat and mouse: keeping one or more steps ahead of the frustrated enforcers who are breathing down their collective necks.
     Recently, Deutsche Bank has been the subject of review based on a whistle blowers complaint that their investment arm has been giving inside information to hedge fund customers ahead of the pack.  Arbitration of the accusations appear to be stymied from the inside.
    And so it goes.   Bryan Moynahan, president of Bank of America, will now be able to proceed with his goal of expanding the bank in the coming years and raising shareholders' stock valuations.  Good luck, Bryan, but I believe the regulatory minefield will only be temporarily open for safe passage.
     Another look at cross state, international banking is definitely warranted. 

Biden Hosts Island Nation Leaders

       In the first ever meeting among Pacific allies, President Biden hosted a tripartite meeting in Washington, DC. His goal: to indicate ...