Connecting the Dots:

Things I’ve Been Thinking About Lately

Irony and the Universe. About 30 years ago, I had a quirky insight into the old “meaning of life” question.

It came to me while I was sitting in a dental office, inhaling gas. Out of nowhere, this thought popped into my half-delirious mind – a voice that said: “Mark, I know how much you want to know it, so I’m going to tell you the secret now… Life is a joke laughing at itself!”

That was it. Nothing more. An explanation of the universe that might have been tucked in a fortune cookie. But, given my state of mind at the time, it felt profound. And true. It felt like a revelation. I was so excited that I had to restrain myself from jumping out of my chair and announcing it to my dentist, his staff, and everyone sitting in the waiting room.

We’ve all had ephemeral illuminations. They come to you. You get excited. But by the following day, your mind has returned to its former, stable perch. And the thought has ballooned into something farcical or shriveled into something embarrassing.

Not in this case. I’ve thought about that “secret” countless times since then. And it still feels true. It is always a helpful way to look at whatever prompted the thought in the first place.

Irony, I’ve come to believe, is a divine gift. It’s nature’s way of helping us understand the infinitely varied and constantly surprising ways that our lives confound us, especially when we think we have everything figured out.

Irony reminds us that we don’t know nearly as much as we want to believe we know, and have much less control over our lives than we would like to have.

Irony takes away certainty, but it gives back, or can give back, something better: self-acceptance.

Why I Don’t Serve on Pro-Bono Committees. Have you ever served on the board of a condo association? Or a charitable foundation?

If you have, you know how terrible it can be.

Six or eight intelligent people sitting around a table, most of whom have been successfully running large businesses or government bureaus or academic departments for decades. It’s a new board. And each member is willing and eager to provide his/her immense wisdom to guide the meeting towards fruitful decisions.

A half-hour later, tensions are rising. Another thirty minutes passes, and they have been unable to agree on agenda item one.

I’ve been a board member of both a college department and a local museum. The former was at first hopeful but ultimately frustrating and wasteful. The latter was a downright horror show. Initially, I explained away my disappointment by telling myself that the committee didn’t have the right mix of people. But eventually, I figured out the real reason committees like these don’t work: They are egalitarian.

Yes. That’s why they fail. It’s because they are decision-making groups where everyone has an equal say.

This realization is part of a much larger theme that I’ve written about (and will continue to write about): the very bad idea that equality is a good that we should strive for.

In the case of do-good boards and committees, when you allow everyone to have an equal say, what you get is endless bickering and mostly bad decisions. The reality is that in order for any group to work effectively, a hierarchy of power is necessary.

In my business life, I’ve always been happy to attend committee meetings so long it was clear that our discussions were going to be guided by some sort of hierarchy, whether formal or informal, stated or assumed.

Having a hierarchy isn’t a guarantee that the meeting will run smoothly and productively. But running a meeting without a hierarchy makes failure – either immediately or eventually – a certainty.

Clip of the Week: Not a Great Time to Buy a New Home 

Home sales fell to a 13-year low in October – presumably because interest rates are still pretty high and home prices haven’t come down hard enough to meet demand. According to the National Association of Realtors, existing-home sales (which make up most of the housing market) decreased 4.1% in October for a seasonally adjusted annual rate of 3.79%. That’s the lowest since August 2010.

It’s still a question as to what the Fed is going to do with the Fed rate, but I’m betting that home prices will be coming down significantly in the next 6 to 12 months. If I needed to sell my home any time soon, I’d think about upping the ask considerably.

Chart of the Week: How Likely Is Another Recession?

“There is a 95% probability a recession will occur before January 2025,” says my friend and colleague Sean McIntyre in his most recent newsletter. You can read his argument here.

Economic Craziness of the Week: The Only Good News About the Bad News 

Janet Yellen and the Biden administration are telling us that, thanks to “Bidenomics,” the US economy is stable and getting stronger, with inflation rates descending and employment moving up. Yet, according to some poll I read somewhere last week, Americans are more stressed about their finances now than they have been in years.

There are good reasons for that.

According to the Social Security Administration, the median wage earner brought home just $40,847.18, or about $3,400 a month, in 2022. Of course, that’s before federal income taxes are withheld, about $500 a month, and another $300 for Social Security and Medicare. The net take home is $2,600. About $2,000 of that will cover the cost of renting a house. Which leaves what? $600 to pay for food, gas, utilities, etc.

And to cope with that, millions of Americans are borrowing and going into debt fast. Balances on non-housing loans have more than doubled since 2003, totaling roughly $4.8 trillion, according to data from the New York Federal Reserve. More than $500 billion of that debt accumulated just in the past two years – a bigger jump than any other two-year period since 2003, the earliest data available. And credit card balances are growing the fastest of all – up roughly 34% from the fall of 2021.

It doesn’t sound like things are improving, but what do I know? In any case, there is a sliver of silver lining to the cloud of bad news. The crazy cost of housing is encouraging divorced and separated couples to move back into one house and try to work things out.

Click here.

All the Sinners Bleed 

By S.A. Cosby

Published June 6, 2023

352 pages

This is S.A. Cosby’s 6th novel – and I think just about every one of them was a bestseller and/or won some sort of award. It was The Mules’ (our book club) recommendation for December.

The Plot 

All the Sinners Bleed is both a serial killer mystery and a layered story about a Black sheriff in the South dealing with hatred from White supremacists and distrust from Black people who have been harmed by police violence in the past.

What I Liked About It 

As a crime thriller, it works. The plot is intriguing. The pace is fast. And the hero must deal with all sorts of personal challenges that could distract him from completing his very important job. In these respects, S.A. Cosby is a master of the craft.

What I Didn’t Like 

As a serious examination of racism in the South today, it fails. Completely.

The plot points and characters are almost entirely clichés. The town where it takes place, for example, is depicted as stereotypically good-old-boy, fat-bellied, and bubbling with barely repressed racism. Every White character is either “unconsciously” bigoted or downright evil. Every Black person is either fundamentally good or outright angelic. (With one exception that is so obviously shoved into the plot you can almost hear the editor recommending it.)

To the author’s credit, the main character is complex, as protagonists of crime stories should be. He is good. But he has an original sin. That worked for me, until I found out what the sin was. Racial justice warriors will read it as an act of virtue.

And then there’s the hero’s superhuman abilities. He is a polymath, a literal polymath, with expertise in every subject he encounters. In a single paragraph, he can quote the Bible (chapter and verse), cite passages from Macbeth and King Lear, explain the roots of jazz or the square root of any number, and in his leisure time, ruminate over Plato or Locke.

Critical Reception 

All the Sinners Bleed was generally well received by critics. A few examples:

* “Riveting…. What elevates this book is how Cosby weaves politically charged salient issues – race, religion, policing – through the prism of a serial murder investigation.” (Washington Post)

* “Dark, wildly entertaining…. All the Sinners Bleed is rough, smart, gritty, intricate, and Southern to the core.” (NPR)

* “Cosby vaults his own high bar…. His most deeply resonant, timely, and timeless novel to date.” (Los Angeles Times)

The COVID Response: What We Got Wrong

New Information About Fauci’s role in the Cover-up

According to a CIA whistleblower and information obtained from the House Oversight Committee, Anthony Fauci did in fact play a major role in both the creation of COVID-19 and the subsequent misinformation campaign about the danger of the virus, the efficacy of the mRNA vaccines, and the cover-up that kept the vaccines selling as reams of data contradicting the government’s position began to appear in scientific journals.

Among other things, Fauci is being accused of:

  1. Influencing a CIA review on the origins of COVID-19.
  1. Pushing a bunk paper (titled “Proximal Origin of SARS CoV-2”) at meetings in the State Department and the White House.
  1. Funding the Wuhan lab.
  1. A history of bug escapes from his gain-of-function research projects.

And Fauci isn’t the only “villain” in this story. Read the details here.

Then click here to watch Fauci forgetting what he did and didn’t say about COVID at the height of the shutdown.

Quick Bites: TERF Wars… Hero of the Year?… Christmas Carol Mash-up… Regrets

Men are truly taking charge. Transwomen (i.e., biological men who “identify” as women) have succeeded in taking charge of feminism by redefining words we use to speak about women and usurping women’s rights by promoting a slate of “trans rights,” including the right of a biological man with a penis to use public spaces reserved for women (sporting contests, locker rooms, bathrooms, etc.). But recently, they may have taken their crusade one step too far by trying to take over the one remaining place that has, until now, been exclusively for women. I’m talking, of course, about Lesbianism. Click here.

CNN’s Hero of the Year. Really? Is this the best example of a “hero” that CNN could come up with? Click here.

“Deck the Halls” Meets Black Sabbath’s “War Pigs.” I was sure I wouldn’t like this. But it got to me. Click here.

Ten Hollywood actors who regretted major movie roles they took. Can you guess who they are and what movies they regret? I guessed three of them. Click here.

How’s your French? Very basic? You might still ace this quiz. It is so basic I believe someone who’s never taken a class in French could get at least half the answers correct. Click here.

From JS re what I said about my recent doctor visit in the Dec. 10 issue: 

“I never did get vaccinated as I didn’t trust it. Now you are the third person I have known to have adverse effects. Glad the good doctor was receptive to your concerns.”

From FP re my “World Divided” essay: 

“Loved your brief history of post-modernist thinking. It’s amazing to realize that college kids today buy into the idea that Israel colonized Palestine and runs an apartheid state.”

My Response: I’m sure they don’t even know the basic definitions of apartheid and colonialization. If they did, how could they possibly take the positions they are taking?

From GF: 

“I have been following you for about three years and have purchased several of your books. Thanks for all your writings. I truly enjoy!”

I don’t know about this… 

It’s an Apple holiday ad called “Fuzzy Feelings.” It combines stop-motion animation and live action to tell a modern-day version of Dickens’ A Christmas Carol, but less nuanced and more predictable. Plus, it’s politically correct. And yet, it works. Mostly due, I think, to the soundtrack: George Harrison’s Isn’t It a Pity. Click here.