A Man of Virtue performs his part….

June 6th, 2008

After a bitter quarrel, some resentment must remain.
What can one do about it?
Therefore the sage keeps his half of the bargain but does not exact his due.
A man of Virtue performs his part;
But a man without Virtue requires others to fulfill their obligations.
The Tao of heaven is impartial.
It stays with good men all the time.

Tao Te Ching, 79

This is what change looks like…

June 5th, 2008

Regardless of who wins in November, there will be changes made. The lobbyists are losing power and the secrecy of government contracts will end.

TheHill.com – Rivals Obama and McCain work together behind scenes

Sens. Barack Obama (D-Ill.) and John McCain (R-Ariz.) are quietly working together on a good-government bill despite their campaign-trail battle over who is tougher against Washington’s special interests.

McCain’s Senate office contacted Obama’s office Monday night asking to sign on to a bill opening federal government contracts to public scrutiny, according to three knowledgeable sources.

Before the call, Obama had been working on the measure primarily with Sen. Tom Coburn (R-Okla.), an ardent proponent of eliminating wasteful government spending and an early supporter and longtime Senate ally of McCain’s.

After learning that Obama and Coburn were introducing the bill without his backing, McCain’s staffers immediately contacted Coburn to express concern and a desire to be named as an original co-sponsor of the update. They then called Obama’s office.

Obama staffers were happy to comply with McCain’s request to sign on, an Obama adviser said, because they knew support from the two presumptive nominees could propel the legislation to passage in the final months of a packed legislative schedule.

McCain’s Senate office and campaign did not return calls for comment on the matter. Coburn, however, acknowledged that the request had occurred and blamed himself for not being more aggressive in contacting McCain about becoming an original co-sponsor when the bill was introduced.

Coburn said it was his fault that McCain was not involved in developing the bill. “I didn’t keep him informed,” Coburn remarked. “I’m not good at politics—I never have been.”

The back and forth between the Obama and McCain offices illustrates the importance of good government issues to both presidential contenders, who have each tried to portray themselves as crusaders against Washington lobbyists and special interests.

Sen. Tom Carper (D-Del.), a co-sponsor of the bill, hailed the two White House contenders’ ability to put politics aside and cooperate on a good-government bill.

Closing the polls

June 3rd, 2008

Winding down tonight after wrapping up the polls at the California primary election today, our second election of three this year. We had a very small turnout at our poll so it was a long slow day.

On the plus side, Obama has wrapped up the Democratic nomination. On to November…

I am not expecting that one to be a small slow election! I think we’ll have record turnout in November.

The Homeless Billionaire

June 1st, 2008

The Wealth Report – WSJ.com : The Homeless Billionaire

After making his billions, Mr. Berggruen, 46, lost interest in acquiring things: They didn’t satisfy him, and in fact had become something of a burden. So he started paring down his material life, selling off his condo in New York, his mansion in Florida and his only car. He hatched plans to leave his fortune to charity and his art collection to a new museum in Berlin.

For him, wealth is about lasting impact, not stuff.

“Everybody is different and I think that we live in a material world,” he told me. “But for me, possessing things is not that interesting. Living in a grand environment to show myself and others that I have wealth has zero appeal. Whatever I own is temporary, since we’re only here for a short period of time. It’s what we do and produce, it’s our actions, that will last forever. That’s real value.”

When I pressed him on why he no longer got much enjoyment from acquiring more “things,” he said this: “First, I don’t need it. Secondly, maybe in a bizarre kind of way, I don’t want to be dependent on it or have the responsibility. I don’t get that much enjoyment out of saying ‘I own it.’ ”

Mr. Berggruen makes clear that his philosophy is his own, and he has nothing against those who want to enjoy their wealth by having big homes, cars and all the rest. And of course it’s easy for a billionaire to say “money and things aren’t important.”

But his perspective seems to be increasingly common among today’s superwealthy — and even wealthy — who are looking for more lasting meaning in their lives beyond their possessions. I’m not saying they’re right or wrong or that possessions are inferior to other measures of wealth — people should use their wealth however they choose. Yet for all that, Mr. Berggruen’s personal downsizing may be a sign that the voluntary simplicity movement could be moving up the wealth ladder.

An elder Cherokee Native American was teaching his grandchildren about life. He said to them, “A fight is going on inside me…It is a terrible fight, and it is between two wolves. One wolf represents fear, anger, envy, sorrow, regret, greed, arrogance, self-pity, guilt, resentment, inferiority, lies, pride and superiority. The other wolf stands for joy, peace, love, hope, sharing, serenity, humility, kindness, benevolence, friendship, empathy, generosity, truth, compassion, and faith. This same fight is going on inside of you and every other person too.”

They thought about it for a minute and then one child asked his grandfather, “Which wolf will win?” The old Cherokee simply replied…”The one I feed.”


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