politics

Cyprus Bank Tax: A Terrible Idea

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You probably don’t keep track of what’s going on in Cyprus.  I certainly don’t.  But the EU attempts to deal with the rolling financial crisis (rolling, I’d say due to stupid attempts to fix it) has hit this country.

What’s really newsworthy is the idea that the inevitable Cyprus bailout will involve a tax on bank deposits.  Approval is pending.

I’m sure you can figure out how this is a terrible idea on a number of levels, but let me assist you:

  • This encourages runs on the banks, creating further instability.
  • This will cause other countries to rightfully worry that their banks will be targeted.
  • This breaks a kind of sacred trust with banks and government.
  • It discourages using said banks and savings.
  • It punishes people who may not have had any part in all the financial foofaraw.
  • It’s probably going to ruin the Cypriot government if they pass it.
  • It doesn’t stimulate any economic activity, which is what is needed.

The usual austerity approach really isn’t solving the problems; what’s needed is stimulus to jumpstart things, and serious financial reform to build confidence and ensure this doesn’t happen again.

What we’re getting feels to me, more and more, like a giant financial-political game of hot potato.  Moving money around, moving responsibility around, and no one trying to let the bill and the need for action land in their laps.  It’s a giant responsibility dodge.

It’s not as if a lot of this didn’t happen on many levels; take a look at the constant tax avoidance in Greece for just one example (note: I am not sympathetic to Greece, as you can tell).  What we’ve got here is a crisis of responsibility, and an almost bizarre urge to punish or come up with bad policy; this one for instance sounds like it was made on a dare.

When the history of these years today is written, I think it will reflect a cowardly technocratic class, vastly out of touch with reality.  I think it will reflect a very angry population with a lot of alienation.  I think it will reflect a widespread ignorance of how the world works.

I hope it reflects how we finally got out of this.  I’d like to think down deep it will, but I have the feeling the inevitable confrontation of our problems is going to leave us with further scandals and recriminations for up to a decade.

– Steven Savage

Steven Savage is a Geek 2.0 writer, speaker, blogger, and job coach.  He blogs on careers at http://www.fantopro.com/, nerd and geek culture at http://www.nerdcaliber.com/, and does a site of creative tools at http://www.seventhsanctum.com/. He can be reached at https://www.stevensavage.com/.

 

The Question Of Authority

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When I look at American politics, of the many crises we face, I think one of the major ones is the crisis of authority.  Namely – who should be listened to?  Who has the authority.

Despite the political dynasties we do have in our country (which doesn’t please me frankly), family lines are not well-established, authoritative ways to find leaders.  We fall back on that all too often, of course, but as royalty has taught us you don’t want to invest in genetics.

“Making Money” seems to be a popular measure of leadership, or at least “having money.”  There is at least the assumption of business sense if one has/made money.    Then again making money doesn’t mean you can actually do any other jobs, and you may just be a greedy person.

There’s the “anointed by God” idea, but we don’t seem to buy that despite the fact it gets dragged into politics.  Also since everyone is claiming God, it has a kind of dilution effect.  Also down deep, I think most people know they’re BSing about this.

“Expertise” in something should be a recognized reason for leadership, but that’s often a problem as well.  I could probably go into excessive details on that, but roughly I chalk it up to anti-intellectualism and the Dunning-Kruger effect.

Of course, we could actually look to leaders that make things work and measure it.

“When the aged wear silk and eat meat and the masses are neither cold nor hungry, it is impossible for their prince not to be a true King.” – Mencius, Confucian Philosopher

That was 2300 years ago.  Might be something to consider.

– Steven Savage

Steven Savage is a Geek 2.0 writer, speaker, blogger, and job coach.  He blogs on careers at http://www.fantopro.com/, nerd and geek culture at http://www.nerdcaliber.com/, and does a site of creative tools at http://www.seventhsanctum.com/. He can be reached at https://www.stevensavage.com/.

The Matter-Eater Lad Principle

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I am fond of the infamously ever-continuing (and lately ever-rebooted) comic tales of the Legion of Superheroes.  Set in the 30th century, it’s about a group of young people who revive the superheroic ideal, band together disparate races and cultures, and have grand adventures.  It’s kind of it’s own genre, but is probably closest to the Japanese Anime trope of “bunch of people with abilities have adventures.”

Now it may sound weird, but this series actually had a moment that I find is a great thought provoker.  It happened when Tenzil Kem, aka Matter-Eater Lad (Yes, the names were a bit lame) was drafted to run for office on his homeworld.  Yes, imagine a political system where anyone could be in office, wether you wanted to be or not.  I suppose it was a bit like the Drazi of Babylon 5.

Now, this rather humorous incident in comics actually made me think; imagine a society where office was that random.  Imagine a society where at any moment any citizen could end up with political power.  As much as there’s humor in those statements, it’s also a thought-provoker.

See, we live in a high-tech democracy here in America.  Yes, we can certainly criticize the system, the media, the candidates, and . . . well everything . . . but people can still have a voice.  That voice may be carried by single vote or by blog or whatever, but it is a voice.  Certainly in the age of Joe The Plumber (OK he’s neither Joe nor a Plumber, stick with me), any of us could end up a political focal point.

We all have some amount of political power, and might end up with quite a bit.  We’re all a bit like Tenzil Kem, only with less of a publication history.

So are we ready?  Are we, like the inhabitants Tenzil’s homeworld of Bismoll (yes, it is a lame joke, but that’s the real name), ready to exercise our political influence?  Are we ready to have our words put into action?

Are we ready for the repercussions?

When someone makes a political statement, says what we should do, etc. I always like them to spell out their plans.  How will their idea work?  What are the repercussions? What are the side effects?  What did you base your ideas on?  Someone who can’t answer that – or who responds with snide comments and accusations – isn’t ready for political power of any kind, from a blog to a position.

We can have influence at any time.  We should be ready.

Of course judging by the sorry state of our politicians, pundits, preachers, and media people supposedly with political power are in no way ready to wield it.  Or express it.  Or in a few cases I doubt they can tie their shoes properly.

So maybe we should be holding everyone to higher standards.  Including ourselves.  In fact, starting with ourselves, since it’s too easy to just accuse others of being wrong.

Do it.  Do it for Matter-Eater Lad.

– Steven Savage

Steven Savage is a Geek 2.0 writer, speaker, blogger, and job coach.  He blogs on careers at http://www.fantopro.com/, nerd and geek culture at http://www.nerdcaliber.com/, and does a site of creative tools at http://www.seventhsanctum.com/. He can be reached at https://www.stevensavage.com/.