Tag: Elizabeth Warren

Here’s a question?

The future President of the USA.

This article has quite a serious element to it. Namely, about not trusting a person who doesn’t like a dog.

But before I go to the article let me just say to my grandson:

Happy Birthday, Morten!

ooOOoo

Could a dog pick the next president?

By

Professor of Psychology, Arizona State University, March 3, 2020

I’m not sure who first said it, but it’s clear a lot of people agree with the sentiment: “Never trust a person who doesn’t like dogs.” Many pet lovers share the belief that a person’s attitude to dogs reveals something essential about their character.

During the political campaign season, Americans are deciding who has the characteristics, skills and temperament to be president. As a dog psychologist and founder of the Canine Science Collaboratory at Arizona State University, I spend my time studying the relationship between dogs and their people. I’d certainly be happy if a candidate’s attitude toward dogs could offer a simple way to evaluate a leader’s personality, cutting to the essence of a person’s character and clinching my vote without needing a detailed assessment of their policy proposals.

Is it enough just to follow the leash to choose a leader? There must be good people with bad dogs, or no dog at all, and some notoriously bad people who were loved by their dogs, no? But I want to believe that canine companionship can still shed light on human character and help us pick a candidate.

Dogless in the White House

For the past three years, the pup-parazzi have been speculating on President Donald Trump’s dogless existence at the White House. It’s certainly most common for the president to have a dog – perhaps because, as someone reputedly said, “If you want a friend in Washington, get a dog.”

The Washington Post has claimed that every occupant of the White House since William McKinley has had a dog at some point. Just a couple of weeks ago, Trump declared at a rally that having a dog would be “phony.”

The only dog he has expressed any enthusiasm for while in office was the Belgian Malinois involved in the raid that resulted in the death of Islamic State group leader Abu Bakr al-Baghdadi. As for al-Baghdadi, Trump said he “died like a dog.”

Dog friends

Among the Democratic front-runners, Joe Biden shares his life with a German shepherd, Major. This may be a good move for the uniformed vote: German shepherds are a favored breed of military and police forces. Biden has always preferred German shepherds, but, for his latest – acquired in November 2018 – he softened the image by adopting a puppy that had been exposed to toxic chemicals and was being cared for by the Delaware Humane Society.

Biden might want to be careful of the historical baggage that comes with this popular large breed. The most famous German shepherd in politics must surely have been Blondi, the dog Adolf Hitler himself said was the only being that loved him.

Elizabeth Warren’s dog, Bailey, gets a belly rub from a supporter. Joseph Prezioso/AFP via Getty Images

Elizabeth Warren has a dog with a gentler association. Warren’s stereotypically family-friendly golden retriever, Bailey, is named for George Bailey from the movie “It’s a Wonderful Life.” Warren said she named her dog for “a guy who was decent, determined and saw the best in people.” Warren’s Bailey is front and center in all her campaign activities.

Bailey features so prominently in his owner’s social media feeds that Warren might want to be careful not to be upstaged by her pooch. George H.W. Bush’s dog, Millie, published a memoir that outsold President Ronald Reagan’s contemporaneous “An American Life.”

Pete Buttigieg has suspended his campaign, effectively dropping out of the race. He and his husband Chasten already had a shelter mutt, Truman, when they added another – Buddy – to their household in December 2018. Marie Claire magazine considers Buddy and Trumanthe cutest fur babies in all of politics.” Buddy is the ultimate underdog: rescued from a shelter, of no particular heritage. With only one eye, he peeks out from Instagram voicing droll commentary on the goings-on.

Dog-detached?

Other candidates either have no dog or are happy to keep their canine enthusiasms to themselves.

The Facebook group “Pet Lovers for Bernie Sanders” had to photo-edit dogs into an image of Sanders and his wife, who have no dog.

These pets do not actually belong to Bernie Sanders. Pet Lovers for Bernie Sanders Facebook group

Michael Bloomberg was in the “apparently dogless” camp until just the other week when he got into a spot of dog difficulty by shaking a pooch by its snout rather than engaging in one of the more customary forms of interspecies greeting. The dog looked unperturbed, but pet lovers on social media roasted Bloomberg for his maladroitness.

The billionaire’s campaign quickly stitched together a 30-second ad spot of dogs voiced to endorse their candidate – ending with a cute white Lab who “says,” “I’m Mike Bloomberg’s dog, and I approve this message.”

Canine character references

Of course, dogless people get elected all the time – they can always pick up a pooch later. The Obama family did not acquire their dog, Bo, until three months after the inauguration. Having originally indicated an interest in rescuing a shelter mutt, they ended up with a pedigree Portuguese water dog because of their daughter Malia’s allergies. Though often known as the “Big Dog,” Bill Clinton did not acquire a dog of his own, a chocolate Labrador retriever, until his second term.

On Trump’s doglessness, the memoirs of his ex-wife, Ivana, are often quoted: “Donald was not a dog fan. When I told him I was bringing Chappy with me to New York, he said, ‘No.’ ‘It’s me and Chappy or no one!’ I insisted, and that was that.” But two sentences farther on – and far less frequently cited – Ivana adds, “Donald never objected to Chappy’s sleeping on my side of the bed.”

In fact, from 2010 to 2015, the Westminster Kennel Club had a tradition of sending the winner of its annual show to be photographed with Trump at his eponymous New York tower. Images from that time show Trump happily hugging the pooches.

Donald Trump poses with the winner of the Westminster Kennel Club Dog Show in 2010. AP Photo/Mary Altaffer

Witness accounts from these meetings, quoted by Snopes.com in an assessment of the claim that Trump hates dogs, recall Trump thoroughly enjoying himself cuddling the prize-winning canines. Snopes concluded that claims Trump considers dogs “disgusting” were just plain false.

Meanwhile, Harry Truman, to whom the claim about dog friendship in Washington is often mistakenly attributed, not only declined to bring a dog into the White House; he actually gave away a cocker spaniel puppy named Feller that was given to him.

Asked at a press conference in April 1947 what had become of the pup, Truman responded: “To what?” On receiving clarification, he lied, “Oh, he’s around.” In fact, Truman had already given Feller away to his physician, Brig. Gen. Wallace Graham.

Much as we might like dogs to tell us whom to vote for, the truth is, dogs are such forgiving assessors of human character that their appraisals need to be taken with more than a pinch of salt. We may just have to do the hard yards and learn about the candidate’s policies. It isn’t easy. Maybe not having to participate in a democracy is what keeps our dogs so happy.

ooOOoo

This is both a lovely and intelligent article. Professor Clive Wynne raises some important points but concludes that we shouldn’t take it too seriously. I, for one, would not trust a person who doesn’t like dogs!

Our economic outlook – where to?

The fundamentals always win, in the end!

Those that know me or have followed Learning from Dogs for the last year (and thank you!) know that I am pretty pessimistic about the economic future for North America and Europe (at least!).  I speak not as an economist, far from it, but as someone sufficiently old to think that many millions of individuals and their countries have been living on borrowed time for decades.

David Kauders

Twenty years ago I didn’t really do anything than feel uncomfortable when friends announced another new house with mortgages far in excess of the old ‘rule’ of 1.5 to 2.0 times one’s annual income.

Then I came across David Kauders of Kauders Portfolio Management who explained in fundamental ways why this was all going to end in tears, so to speak.  Wasn’t he right!

Thanks to David, I am moderately more well-off than I would have been – without a doubt.  Not only did David manage my private pension, he greatly influenced my modest personal investments outside his portfolio.

Where’s this heading?  This Blog is an attempt to show that integrity in all that we all do is not only the best personal strategy, it is the only viable course for mankind in bringing us back from the brink of global disaster.  So a couple of recent items about economic matters from people of great integrity underlined the value of mentioning them in this Blog.

The first is a talk given by Elizabeth Warren two years ago, in January 2008, entitled The Coming Collapse of the Middle Class.  It’s nearly an hour long but very well worth watching especially in the way that Ms. Warren shows how counter-intuitive is our understanding of how family costs have risen over the last 30 years.  Although it applies to the US, it certainly has relevance for British viewers.  Do watch it.

Here’s how the video is described:

Distinguished law scholar Elizabeth Warren teaches contract law, bankruptcy, and commercial law at Harvard Law School. She is an outspoken critic of America’s credit economy, which she has linked to the continuing rise in bankruptcy among the middle-class.

Next is that stalwart Karl Denninger.  How he finds the energy and enthusiasm for publishing his Market Ticker is beyond me.  He’s not subtle but his personal integrity is beyond reproach in my opinion.

Karl was recently interviewed by Bill Still (Bill produced the highly acclaimed film The Money Masters) and despite the videos being heavily edited Karl says “and for the most part accurately captures my views on the topics covered.”

Again these interviews are not short but, again, if you want to understand how dangerous the fundamentals still are – then watch them.

Karl Denninger, author of Market Ticker and winner of the 2008 Reed Irvine Accuracy in Media Award explains the roots of the current crisis and why real economic growth is impossible. He explains why the stock market rebounded in 2009 and why that can’t continue. He explains what needs to be done with the banks and predicts that all the big banks will fail.

Part One:

Part Two:

Finally back to David Kauders.  He also publishes an opinion website Contrary View. Here’s what David wrote in February 2010.

No. 73 22nd February 2010 Predicting lost decades

There is plenty of evidence from Japan about lost decades for investments. Japan has now lost two decades in equity and property investment, during which time only Government Bonds provided any sanctuary. All policy options failed, because none tackled the real problem, which is that there is already too much debt. What lessons can be drawn for Britain?

Shares here have certainly had a lost decade. On the Japanese evidence, they may well suffer another lost decade. Property has only hit minor bumps, so the Japanese experience suggests that property may suffer a long decline for two decades. In the UK, the Bank of England’s support for mortgages will be withdrawn over the next two years, which itself threatens prices. Why, though, the hysteria about Government debt?

It is questionable whether pundits appreciate the extent of the private sector debt problem, which explains why two groups of economists can offer totally contradictory remedies. In a world with no Gold standard and therefore no anchor to the monetary system, Government debt is relatively safe. The global economy is perched on a knife edge, with a permanent loss of output that must cause income loss and therefore restrict the capacity of households to service their debts. Seeing the commercial risks, banks are still restricting lending, which means there can be no sustained recovery.

There is a misconceived demographic argument being touted at present, which completely ignores the real driver of the post-1945 expansion, namely increased credit. That credit growth has simply gone too far and now brings its own problems. For those people who neither saw the credit crunch nor the long fall in interest rates and inflation coming, to now be credible in predicting a lost decade for bonds, is itself unbelievable.

You see how it all makes sense – the fundamentals are in charge, and always will be!

You be safe out there!

By Paul Handover