Gene's Footnotes

I have never been impressed by the messenger and always inspect the message, which I now understand is not the norm. People prefer to filter out discordant information. As such, I am frequently confronted with, "Where did you hear that...." Well, here you go. If you want an email version, send me an email.

November 04, 2011

Something positive

I was listening to a TV interview, CNBC's early morning show, with an old-time New Yorker.  He was sitting with Ron Baron who was hosting today's conference at Lincoln Center. Mr. Baron, who explained in 1974 his net worth turned positive and is now a guru of Wall Street, deferred to his old friend who spoke plainly about core aspects of life.  I immediately felt comfortable with Kenneth Langone.  I grew up with New Yorkers who did not have "Harvard" tattoos or speak in politically correct gibberish or jargon.

When asked, in a humorous manner, if he were a "one percenter" he asked, in return, why he was being demoted? His history is typical of the evil rich. His family were immigrants who did not go to school, but made sure their little boy strove for knowledge.

Ken Langone noted the Wall Street occupiers was they were children in adult bodies. No malice or humor, a simple observation. (Greg informs me that an analysis of all those arrested in New York revealed their stated homes are in a generic neighborhood with homes valued at $550,000.  I can see why they want to take down the fat cats.)

Langone is bullish on America, a nice comment, but pending the next election which will set the course one way or another as to what happens to the nation. He made some early money buying Home Depot when it was first issued, but said the new regulations make it impossible for a similar company to form because new companies cannot copy the evil Home Depot that were cheeky enough to turn employees into shareholders. OMG: evil capitalists!

I am used to being depressed by our failing nation, but I reached my threshold when Langone mentioned that this current young generation is the first in the history of the United States whose literacy level is less than their parents. At that point, I had to return to laundry and gladly did so.  I am not surprised, but, blood pressure requires turning off the news.

Just this afternoon, however, I was looking at various electric pianos online and saw a link in a piano store's website to a performance by ten year old Jordan Adams, a "customer."  Below, find his ad hoc performance of Chopin.  Jordan is our future, I hope.

If the email version of this blog entry has no photo, it may play anyway, but I recommend going to my site to watch.




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