Monday, October 31, 2005

Judge Alito's a good choice but much remains for the GOP to hold its base

Judge Alito is a sound choice. Doubt the Democrats could block him. He's not anti- Rowe v Wade but rather supports some notification requirements for minors seeking abortions.

Breathtaking the absolute right to kill one's unborn child remains front and center as the key issue of the Democratic Party.

Social conservatives shouldn't celebrate so soon with the Alito nomination. However he ends up ruling the failure of the administration, and our leadership elites generally, to address the destruction of the middle class and family stability will determine the future of the social conservative movement.

With a 50% divorce rate, very low marriage formations, and extreme housing unaffordability the middle class is becoming an endangered specie.

Sunday, October 30, 2005

Towards a new American political center

Very disturbed the GOP so cavalierly dissed its social conservative base with the Miers’ nomination. I believe the leadership elites of both major parties are so enamored by political power they'll act against the best interests of their own children with policies relentlessly destroying middle class family life. If middle class family life vanishes, so will the social conservatives, one the last remnants of decency, and social common sense, remaining in America.

The Republican Party can become the new American political center by bringing together the social conservatives, young people yearning for family life, and the tens of millions of heartbroken parents, grandparents, and children touched by divorce.

Saturday, October 29, 2005

What's good for the goose is good for the gander

Iranian President Ahmadinejad's threats against Israel are the only supposedly "safe" way he can react to the drumbeat of American diplomatic pressure, and implied use of force, about Iran's nuclear ambitions. Our military threats are a joke because our forces are so depleted there's no way could sustain a conflict with a country the size of Iran. We may be paper tigers but Iran's not as evidenced by its against all odds "Battle of Britain" stubborn defense against Iraq's invasion in the 1980s.

Because Israel and Iran possess long range ballistic missiles our bellicose talk raises the risk of accidental war.

We'd be much better off reestablishing diplomatic ties with Iran. When we really ran the world, doing the angry wife shtick by making hubbie sleep on couch until he capitulated made some sense. Certainly doesn't any more in a world where access to WMDs is easy. Irony here is Iran's likely already has nuclear weapons but thinks it diplomatically prudent to remain mum.

Friday, October 28, 2005

We're at a crossroads for the survival of a broad based American middle class

Housing, education and medical costs are so high now they've become strong disincentives for young people to marry and start families. The driving force behind these problems is persistent inflation the result of the Fed's application of an outdated stimulative monetary policy theory. The Fed operates as if 1929 would be just around the corner if we don't relentlessly pump up the money supply.

The effectuate such a monetary policy depends upon a reliance on a seemingly rational economic activity data and statistics. Hence we've developed indicies which purport to measure real economic activity.

Among the critical things I learned in medical school is the good doctor treats patients not lab results, and to always assess each test's sensitivity and specificity characteristics. For example, a very sensitive test with low specificity is worthless.

Our economic data models are the very example of the high sensitivity low specificity problem. While the GDP has been trending upward for decades the economic welbeing of middle class Americans experienced a relentless decline in the affordability of housing, education and medical care.

This is why I'm opposed to Bernanke's nomination to run the FED. He'll simply be the caretaker of bankrupt economic thinking which is bankrupting the American middle class.

Thursday, October 27, 2005

Miers is history. Next in line to block is Bernanke for Federal Reserve Chief

(Next week's Washington Times advert)

Bernanke is a BAD CHOICE for the FED.
A funny money printing Greenspan clone he'll
continue a credit policy destroying the middle
class with stratospheric housing prices.

Wednesday, October 26, 2005

Not a good economic sign

The New York Times reported today small investors are rushing into commerical property presumably because the residential market's peaking and for easier credit terms. http://www.nytimes.com/2005/10/26/realestate/26invest.html

Also suggests the smart money is cashing out.

The underlying problem is the funny money folks at the Federal Reserve simply don't grasp the havoc they're inflicting on the productive economy by promoting property speculation with easy credit. I said at the Procter & Gamble meeting a few weeks ago the shares faced long term weakness because quality companies are less attractive investments for young investors. Who's going to replace older, buy and hold investors like me in it for the dividend yield?

Beats me why Bush is such a chicken about getting into a donnybrook with Congress by nominating a Fed chairman with new ideas. The best the press can say about Bernanke is he'll be an easy confirmation.

Tuesday, October 25, 2005

You can't call it a con job because you're being told straight up you're gonna get screwed

Fed nominee Ben Bernanke stated today he'll continue the Greenspan monetary policies which brought us high sky housing and education costs along with a vanishing middle class.

Americans are so spaced out by today's bread and circuses culture those out to screw the folks to line their own pockets don't need to make the slightest effort to disguise their intentions.

Monday, October 24, 2005

The drunken monetary orgy at the Fed continues

Greenspan's replacement Bernanke will continue the Fed's funny money policy which has bankrupted the middle class. Quoting from his Wikipedia bio:

"He gave a speech in 2002 entitled "Deflation: Making Sure 'It' Doesn't Happen Here" in which he discussed possible Fed actions to prevent deflation. He referenced the possibility of a "helicoptor drop" of dollar bills as a last-resort possibility to stop deflation; his strong stance against deflation may have been a reason for his nomination."

Sunday, October 23, 2005

We'll lose both Iraq and our top quality officer & NCO leadership

New York Times reporter Dexter Filkins article today entitled "Fall of the Warrior King" makes for sobering reading for all those concerned about America's declining military readiness.
http://www.nytimes.com/2005/10/23/magazine/23sassaman.html

Simply no wonder what passes for the best and brightest at the top ranks of the American military leadership are pr warriors for whom winning the news cycle trumps winning on the battlefield. Our sons and daughters in uniform pay with their lives for these news cycle victories.

Saturday, October 22, 2005

Billboards reflect today's America

In my area the main messages are plugs for casino gambling, second mortgages, and the Centers for Disease Control warning moms and dads folks childhood obesity isn't good for children.

Our society is in big trouble. Effective policy encourages and enables people to behave more responsibly. Sadly we've governed at the federal and state levels largely by moral midgets who for the sake of political correctness, and an addiction to sin taxes, care nothing about protecting families and the public health.

Friday, October 21, 2005

A vixen guarding the hen house?

Miers made her mark as a trial lawyer.

Ironic Bush made it to the White House twice running against the trial lawyers only to nominate one for the supreme court.

Given Miers' legal philosophy is an utter mystery, perhaps even to her, think we're putting a vixen in charge of guarding the hen house!!!!!!!!!!!!!

Thursday, October 20, 2005

Below is OH SO true to life.

(from www.bourgeoiswife.blogspot.com)

Wednesday, October 19, 2005

If only my friends could be celibate forever
I shouldn’t hate it when my friends meet Mr Right – on the contrary, I know I'm supposed to be pleased for them and their new-found happiness. But a bit of resentment is only natural, surely. After all, I used to be their priority; we used to have fun. Now it’s all, ‘Johnny doesn’t want me to go to Ibiza because he says I’m not emotionally stable enough to handle five days of sustained self-abuse.’ Bah.

The first sign a mate has lost it is, as Bridget Jones observed, when she gets mentionitis. This is when I’ll be talking about the price of fish and my friend will say, ‘Johnny likes cod.’ Some people get such chronic cases I can’t so much as mention my holiday without having to hear about bloody Johnny's bloody travels.When we're on the phone, she’ll make giggling references to their sex life while he’s listening. So she’ll say something like, ‘I got absolutely no sleep last night, thanks to someone not a million miles away from here, hahaha.’

This means I end up feeling like a gooseberry in my own house.She will start leaving early. Whereas before she could be found shouting for a third bottle of wine at closing time, she will now adopt a guilty expression and mutter something vague about having promised Johnny she’d be home before 11pm.Naturally, she will try to paint him in a positive light. But this often backfires. So when my friend says, ‘I’m a bit worried, he’s slept with hundreds of girls.’ What she’s actually trying to say is, ‘He’s really fit. Look how many women find him attractive.’ Unfortunately this just makes him come across as a feckless slut.

There will invariably be some sort of drama surrounding their romance. So it might be that his ex is a raging psychopath, or that she used to go out with his best friend. Whatever. This is designed to give their affair a sort of doomed Romeo/Juliet, Burton/Taylor, Pete/Kate-style glamour, but is, again, just irritating.

Her route home changes. In the old days, we might have accompanied each other to the bus stop. Instead, there will now be a mumbled, ‘I’m going to Johnny’s’, before she flees in the opposite direction. I don’t know why this should be annoying, but it is.In much the same way people do with their children, she’ll expect me to find his foibles as charming as she does. So she’ll say, ‘Johnny’s obsessed with baby tigers,’ no doubt expecting some reaction other than prolonged vomiting.She will boast – not overtly, but it’s boasting nonetheless – about how much money he earns. If he doesn’t earn any money, she will big up his artist credentials (‘He’s such a brilliant photographer.’)

She will show me the sappy text messages he’s sent her. This is to prove to me how much he loves her and what a Great Thing this is, but has the unintended consequence of making me feel utterly repelled.Of course, Johnny could be a perfectly lovely chap, just right for her and all the rest of it. In which case I have to smile sweetly and encourage the relationship, blah blah blah. With any luck, they’ll get married and she’ll go off him soon enough.

Wednesday, October 19, 2005

The el camino real to international chaos & even war

The Spanish government issued an international arrest warrant against three American soldiers for firing a tank shell in Baghdad which killed a Spanish journalist. In response to Spain's initial complaint the Pentagon investigated the situation and cleared the soldiers.

Today's trend of nations asserting universal jurisdiction for their definition of a war crime could lead to diplomatic chaos, and even war should a national leader become the target of a foreign political vendetta.

Since President Bush is commander-in-chief, conceivable Spain could charge him as well.

Tuesday, October 18, 2005

WATCH OUT when the government calls for "fairness and simplication"!

Panel to Urge Bush to Consider 2 Alternative Tax Plans

By DAVID E. ROSENBAUM (New York Times)
Published: October 18, 2005

WASHINGTON, Oct. 18 - President Bush's tax advisory commission agreed today to recommend two alternative tax plans, both of which would limit or eliminate almost all tax deductions, including the ones for state and local income and property taxes...

"We have focused on big picture ideas that would improve the tax system for a large number of Americans.. Simplification has driven this...(a)lso fairness." (Chairman--former Florida Senator Connie Mack)



Monday, October 17, 2005

For me it's like straight of the "Invasion of the Body Snatchers"

In the "Invasion of the Body Snatchers" plant spores from outer space infect the human brain turning people into automatons to carry out the invaders' wishes. As the infection spreads, only a few people notice the resultant subtle changes in personality and behavior. Those who do make a futile attempt to resist. (The remake starring Donald Sutherland is one of best sci-fi horror flics ever made. Really creepy!!!!!!!!!!)

This article by San Francisco Chronicle reporter Jason Johnson sure makes me wonder if something's happened to the American collective brain. http://sfgate.com/cgi-bin/article.cgi?file=/c/a/2005/10/16/MNG7EF96GR1.DTL

Patently obvious affordable middle class housing and with it stable families are vanishing right before our eyes. Yet our leadership elites and government do nothing. A major factor in the housing price inflation is a credit policy which allows non-conforming mortgages, and excessive debt/gross income ratios to qualify for loans. By the stroke of a pen the Treasury Department and the Federal Deposit Insurance Corporation which supervise the national banks and the savings and loan respectively could pop the housing bubble literally overnight.

That they don't amazes me. The Treasury and FDIC are not run by celibate monks and nuns. Most of those folks have families but are obviously incapable of realizing their policies are penalizing their own children.

While the problem could be their brains are infected by extraterrestial plant spores, it's more likely they've been completely seduced by today's so intrusive anything goes bread and circuses mentality there are only a few serious grownups left.

I hope I'm not the only one left.

Sunday, October 16, 2005

Planet Earth calling the U.S. Government. Anybody home?

The Iraq situation is utterly hopeless because all we're doing is attempting to restore the British crypto-colonial regime established in the aftermath of World War I.

Previously what we now call Iraq were a collection of Ottoman provinces divided along religious and ethnic lines. The Allies believed imposing a Euro-American national state model for Mesopotamia would bring enlightened government, and a rational exploitation of the area's oil resources. Those dreams turned out to be nothing but pipedreams.

To avoid being trapped in all out civil war in the wake of the apparent "success" of Iraq's constitutional election we should withdraw our troops ASAP.

Iraq is becoming this generation's Viet Nam.

DeGaulle saved France by pulling out of Algeria.

Saturday, October 15, 2005

Politically correct movie reviews

Tony Scott's brilliant film "Domino" got mediocre reviews because the real villain is a mother who emotionally abandons her 8 or 9 year old daughter following the death of her husband and the child's father. The child's parked in a ritzy English boarding school while the mother leaves England to find a rich husband in Beverly Hills. The abandonment leaves the youngster emotionally stunted and scarred for life.

Domino is the Lawrence Harvey's (Manchurian Candidate, Butterfield 8) child. The film portrays Domino's troubled, emotionally empty and violence filled life as a Los Angeles bounty hunter before her death from a drug overdose.

Impossible to criticize today's "Mommy Dearist" moms for whom personal fulfillment and impulse gratification trumps everything and everyone.

Friday, October 14, 2005

It's this bad

Spoke Wednesday to an overflow crowd of more than 100 students at the Philosophical Society at Ohio State University on the policy failures which have led to the collapse of American family and increasing unaffordability of middle class life.

After speaking for about 30 minutes, answered questions for almost 2 1/2 hours.

EVERY QUESTIONER CAME FROM A BROKEN FAMILY!

Wednesday, October 12, 2005

The social conservatives are to the GOP as African-Americans are to the Democrats

The GOP is so confident the social conservatives are in its backpocket Bush felt free to diss them with a supreme court appointment like Miers. While an obviously talented lawyer, her underlying legal and social policy beliefs are a cipher. A lawyer's lawyer Miers becomes whatever clients need her to be. How else does one become the managing partner in a top white shoe law firm catering to large business clients? Have no doubt she could spin up the right things to say for her senate confirmation hearing but rule quite differently once on the bench.

Equally distressing is she never married, or raised children. Without such experiences she's clueless as to realities of how tough and complex family life can be. In these sad times with a 50% divorce rate, low marriage formations, and perhaps 50% of children born out-of-wedlock, America needs a justice who knows the ropes about family life.

Miers' nomination should be withdrawn ASAP.

Tuesday, October 11, 2005

Procter & Gamble meeting today

A huge security presence met my superhero fathers rights protestors outside the venue. Cincinnati even brought out mounted police.

Inside, the meeting proved very lively. Famed shareholder activist Evelyn Y. Davis held forth. So well known Chairman Lafley congratulated her on her recent 4th wedding. Mrs. Davis told us her latest hubbie is a housebroken type ready, willing and able to follow HER orders. She added many women can't find even one husband, but she's found four! Upon hearing that I remarked to the person sitting at my left, a company pr official I suspect assigned to babysit me, I had no intention to become her fifth!

In presenting my shareholder proposal I said PG would remain a widow's and orphan's stock for old folks like me in it for dividends unless the company split up into several units. PG is just like GE. Good underlying businesses but the companies are now so large the market can't value the them easily so the shares trade at a discount. The shareholders get shafted but the board and management make out like bandits with over-the-top salaries, stock options and perks.

I think PG broken up into several units would generate $400 per current share. Were GE to do the same maybe $500 per current share.

More tomorrow.

Monday, October 10, 2005

Collapse of sexual identity

This week's cover story in Time Magazine describes the explosion in the number of young teenagers "coming out".

The collapse in sexual identity is likely tightly linked to today's astronomical divorce rate. Children learn life's core emotional skills by identifying with their parents' abilities, or inabilities, to deal successfully with life's challenges. Family breakdown, particularly when children are very young, leaves them emotionally adrift.

Particularly very hard for boys to form a stable sexual identification with fathers broken, humiliated and often impoverished in a divorce. That's why the rate of adolescent homosexuality is much higher in boys, and also appears much earlier in adolescence than with girls.

I suspect a large percentage of female homosexuality reflects a girl's pathological identification with the seemingly omnipotent mother who destroyed the family and under today's laws walks away legal custody and with most of the financial assets. Gives a twisted new meaning to notion "everybody loves a winner".

Sunday, October 09, 2005

Be There Or Be Square

Will be presenting the below shareholder proposal at the Procter and Gamble meeting on Tuesday, October 11, 2005 at the Aronoff Center, 650 Walnut Street, Cincinnati, OH. There'll be a fathers rights demonstration from 11-12 am outside the venue. On Wednesday I'll be speaking at Ohio State University in Columbus on the role bankrupt federal family policy plays in the collapse of today's American family.

For more details, and press enquiries, contact Tony Taylor at 412-829-2278 or cptttaylor@gmail.com.

Shareholder proposal: http://www.sec.gov/Archives/edgar/data/80424/000095015205007361/0000950152-05-007361-index.htm

My successful objection filed with the FDA to the licensing of Instrinsa.

RE: Objections to Instrinsa FDA New Drug Application--(NDA) 21-769
Objector: Mark I. Klein, M.D. Board Certified Psychiatrist
Place: Hilton Hotel, 620 Perry Parkway, Gaithersburg, MD 20877
Potential conflict of interest: I am Procter & Gambler shareholder.

BASIS FOR OBJECTION

In my medical and psychiatric opinion Instrinsa is the most hazardous non-narcotic drug ever presented for FDA approval. I urge it be rejected for any use, and if approved by a foreign country, banned from sale in the United States under threat of severe civil and criminal sanctions.

1. Instrinsa is an inherently UNSAFE drug which should not be approved for any use.

Instrinsa is a major threat to the health and safety of girls, non-menopausal women, pregnant women, fetuses and nursing newborns. Almost a certainty in today’s highly sexually charged cultural zeitgeist to be widely abused by non-menopausal females, adolescent girls and pregnant women exposing them to the risks of testosterone induced usually irreversible virilization. Since Instrinsa enhances libido for all women, the abuse risk is all the more heightened. The excerpt to the right from a recent New York Magazine article speaks cogently to the likelihood of Instrinsa abuse. (endnote 1)

The popular press already toots Instrinsa as the female Viagra usually without warning of the dangers to non-menopausal women, fetuses and nursing newborns.

Google lists 70,020 Instrinsa listing most of which refer to the drug as the female Viagra without adding the dangers it poses to non-menopausal women, fetuses and nursing newborns.

Instrinsa is today’s potential Thalidomide. Pregnant and nursing mothers improperly taking Instrinsa risk virilization injuries to the fetus and nursing infants.

Every prescription testosterone product sold in the United States is contraindicated in pregnancy, for nursing mothers, and in most cases contraindicated for use in females.

Proctor and Gamble has made no showing Instrinsa would qualify for exemption from regular testosterone labeling. In fact, in Instrinsa studies underlying the current application indicate that some subjects manifested signs of testosterone toxicity even in very low doses.

Female testosterone toxicity causes virilizing effects such as irreversible hair loss, acne, enlarged clitoris, hirsutism, deepened voice, and impaired glucose utilization. (see endnote 3) Breast size may decrease; vaginal mucosa may atrophy; menstruation may change or stop, and increased libido. In prepubertal and pubertal users, bony epiphyses may close prematurely, possibly decreasing final height. Hypertension, increased low density lipoprotein (LDL) cholesterol, and decreased high density lipoprotein (HDL) cholesterol may increase cardiovascular risk.

Psychologic effects include wide and erratic mood swings, irrational behavior, increased aggressiveness ("steroid rage"), irritability, depression, and dependency.
Fetuses with testosterone toxicity can experience congenital developmental abnormalities. Male fetuses and nursing newborns may develop gynecomastia, testicular atrophy, and eventually severely reduced or absent sperm. For testosterone affected female fetuses ambiguous genitalia.

The risk of Instrinsa abuse undermines America’s efforts to discourage the illegal use of anabolic steroids by athletes. In this country, anabolic steroid abuse is 6 to 11% among high-school-aged males, including an unexpected number of nonathletes, and about 2.5% among high-school-aged females presumably to enhance libido. There is a thriving black-market for such drugs. Instrinsa would be a very profitable welcome addition to the pharmacopoeia of drug peddlers’ preying on our children.

Easy access to Instrinsa would enable athletes, particularly males, to easily obtain androgens. Nothing would stop such boys and men from using multiple patches simultaneously to get the end point response they seek along with testosterone’s debilitating side effects, e.g. impaired glucose utilization, disruption of pituitary adrenal axis regulation, gynecomastia, decreased HDL, testicular atrophy, azoospermia, and personality changes like increased aggression. Used by prepubertal and pubertal boys bony epiphyses may close prematurely, possibly decreasing final height.

There is no conceivable marketing scheme to avoid widespread inappropriate use. Nowadays abusers could easily obtain Instrinsa once approved via internet pharmacy sites, overseas outlets, unscrupulous physicians out for a quick buck writing “off label” prescriptions, and from a black market which would undoubtedly quickly appear. (see endnote 5)

Marketing Instrinsa would eventually likely result is a wave of litigation by injured women and children which at the very least seriously damage the company’s reputation and balance sheet, wreck shareholder value and conceivably throw PG into bankruptcy.

Licensing Instrinsa could eventually discredit the FDA’s drug approval system in the same way Thalidomide did about 40 years ago by creating the public perception the agency is the big pharmaceutical companies’ rubber stamp.

2. The results of Instrinsa’s efficacy studies presented to the FDA are insufficient to prove efficacy.

Proctor and Gamble incorrectly believes just a statistically significant improvement in the sexual satisfaction of post menopausal women is a satisfactory end point to show efficacy. (see endnote 4) That assumption demonstrates a breathtaking lack of understanding of the sexuality of post menopausal women, particularly those married or in long term, committed loving relationships. Procter and Gamble’s Instrinsa application replies upon very short duration studies involving women in self described good relationships.

In recent years the number of divorces in long married couples has dramatically increased with the majority initiated by women. The key factors involved are sharply increasing longevity for both sexes and contemporary divorce law financial incentives for women to leave, e.g., community property, alimony, strictly enforced statutory child support orders predicated on spousal earnings and today’s very anti-male cultural zeitgeist emphasizing the overarching value for women to seek personal fulfillment. (see endnote 6)

Prolonged longevity increases the likelihood long married older couples will lose sexual interest in each other. Among the reasons they remain together include maintaining their relationships as affectionate, loving friends, prefer divorce but can’t afford to maintain separate households, or stay together for the sake of the children. Unilateral rekindling of sexual desire in such precarious marriages might trigger the collapse of the relationship.

Divorce statistics show marital stability for postmenopausal women, Instrinsa’s target group, is very precarious. Hence in determining Instrinsa’s efficacy the FDA must give equal weight to the social VALUE implications of allowing its use. (see endnote 6)

As a psychiatrist, I believe the future of American marriage is very dismal indeed. Marriages primarily predicated in the rush of romantic feelings have little chance for survival in today’s climate of no fault divorce and financial golden parachute child support and property division divorce settlements. (see endnote 7) Absent making every effort to stabilize American marriage more and more marriages will fail leaving emotionally shattered children in their wake.

November’s election results on gay marriage initiatives demonstrated voters overwhelmingly consider marriage a fundamental American moral and social value. Hence all the more reason the FDA must consider as a paramount variable Instrinsa’s likely destructive effects on marital stability in the assessment of the drug’s efficacy.

In conclusion I believe Instrinsa is the most hazardous non-narcotic drug ever presented for FDA approval. I urge it be rejected for any use, and if approved by a foreign country, banned from sale in the United States under threat of severe civil and criminal sanctions.

Respectfully submitted,


Appendix
E-mail to Proctor & Gamble CEO Lafley & board member Robert Story
Date:
Mon, 1 Nov 2004 14:03:14 -0800 (PST)
From:
"MARK KLEIN, M.D." View Contact Details
Subject:
Better to ditch Instrinsa & take a writedown than face endless litigation
To:
lafley.ag@pg.com
CC:
bob.story@thompsonhine.com
Top of Form 1
&& &&&&&
Bottom of Form 1
This morning sold my 3300 Merck shares plus those in trust and custodial accounts I manage. Don't think Merck's ultimate Vioxx liability is that great but mass tort litigation becomes a terrible distraction for management. Can easily see Merck's directors, officers, scientists, and administrators spending the remainder of their careers in depositions, answering interrogatories, and spending endless hours in conferences discussing the case. Do you really want plaintiffs' counsel rifling through PG files, e-mails, etc?
Got some insight into the toll all that has on companies and directors when I formally appeared as shareholder objector to a Bank of America proposed class action settlement. Really a total bullshit case. The class sued the directors personally as well as the bank. In hallway conversations before court started with defense counsel I learned the suit, already then about 5 years old, was a terrible emotional drain on the directors and a big distraction for management. I objected to the $5 million in attorneys' fees B of A wanted to pay in my opinion to buy off plaintiffs' counsel. In the settlement the plaintiffs received ZERO dollars. The trial court level hearings last several months! The trial judge approved the fees but other objectors appealed. The appellate court won't hear oral arguments until next year at the earliest. In the meanwhile the lawyers' meters are running. Plaintiffs’ counsel are demanding more dough, and undoubtedly defense counsel is secure knowing junior's Harvard tuition this semester and many more to come are covered!
I think Proctor & Gamble is a terrific company. Believe me I wouldn't have invested if I didn't think that. You just made a MISTAKE with Instrinsa. Given our balance sheet a write down would be no big deal. Better a few red faces than spoiling the company's future. Time for PG to move on.
I certainly have other things to do including among other things not spending a grand to come to the hearing for the privilege of addressing the FDA for 2-5 minutes. But I'll come if necessary. In a situation like this you'll find me a very persistent, determined adversary.
Mark Klein, M.D.
footnotes:
1-I postulate such manic, often loveless, pubescent and adolescent sexual behavior reflects the failure to develop neuropsychological structures necessary for deep, lasting emotional attachments by children daycare raised from infancy, or were very young when their parents divorced. Such developmental neuropsychological failures may help explain today’s 50% plus divorce rate, low marriage rates, and about 50% of marrieds of both sexes admitting to adultery.
Regardless of the presence, or absence, of postulated neurophysiological deficits, children’s loveless sexual acting out reflects a disturbed emotional mixture of identification and simultaneous competition with divorced parents reprising adolescence when reentering the dating scene.
2.-(New York Magazine 5/10.04) Intelligencer Briefing
The Paris Hilton Effect
Daphne Merkin on the new video that’s been making the private-school rounds—and the culture of teenage exhibitionism. By Daphne Merkin
To be a teenager, as many of us can still painfully recall decades after the fact, is to live in a nearly constant state of lonely mortification—and an almost equally constant state of intense socialization, otherwise known as gossip. Although the endless trading in personal details helps to spread the mortification around, the self-doubt that comes with adolescence is peculiarly resilient: Am I pretty enough? Normal enough? Popular enough? Thin enough? And, most important, in this Age of Britney: Am I hot enough? That one dopey word—hot—is my 14-year-old daughter’s highest term of regard for a peer, male or female. It’s not clear to me that she knows exactly what she means by this, but it has something to do with a pungent essence—an eau de sex—that she imagines wafts off those kids she considers to be the lucky ones.
In the latest instance of a teenager attempting to convey her hotness factor, a Horace Mann eighth-grader used a digital camera to tape herself masturbating and simulating oral sex, then e-mailed the gawkily explicit video—which resembles an audition for a pedophiliac porn film—to a male classmate she had a crush on. The boy in question chivalrously rushed the three-minute clip onto the Web, and its contents quickly made the private-school circuit.
3- America can ‘t afford another new source for diabetes. A sign the current obesity driven diabetes epidemic is out of control is amongst the leading advertisers on Fox News are diabetic testing suppliers. Today’s obesity epidemic is the result of too few adults and children regularly eating home cooked, balanced, portion controlled meals. Restaurant, takeout and fast foods are usually atrociously overloaded with fats and carbohydrates with little protein. The rate of increase in adult and childhood obesity over the past 30 years closely tracks in the steady rise in the number of mothers entering the fulltime workforce.
4-Before the DEA mandated “triplicate” prescription blanks for most narcotics, many physicians did a thriving business knowingly supplying addicts with drugs. In the Vietnam War era many physicians made huge sums by writing fraudulent letters to draft boards to convert young men likely 1A eligible for the draft into 4Fs. Unscrupulous, greedy, conscienceless physician behavior will always be with us.
5-The widespread abuse of Viagra-type drugs by younger men, unlikely to have ED, speaks to the complexities of human sexuality. Like what will happen with Instrinsa, there are thriving black and gray markets illegally selling authentic and counterfeit Viagra type drugs.
The reason so many young men take Viagra type drugs is widespread “Portnoy‘s” syndrome. In “Portnoy’s Complaint’ Roth’s world class lothario Alexander Portnoy couldn’t get an erection with the tough Israeli girl soldier. Today’s sexually aggressive women create in guys what we called castration anxiety in my med school days.
The psychodynamics of Viagra-type drug commercials are very informative re today’s sexual zeitgeist. Contrast Viagra and Cialis commercials. Re the Viagra commercial, I associate to the celebrating men dancing in the street with the thought finally having successful intercourse get their wives, no longer sexually alluring to them for any number of reasons, off their cases about sex for awhile. Cialis takes the tack of the woman being affectionate, attentive, and available. Nice sentiments but given today’s housing prices and cost of living two working parents are probably too dead tired after work to have sex.
6-Today’s 50% plus divorce rate and about the same percentage of married men and women admitting to adultery suggests romantic love as the predicate for marriage often doesn‘t outlive today‘s increased longevity for men and women. In fact, romantic love is a very late comer to the reasons people marry. In that connection I wrote in a recent private letter to the publisher of AARP Magazine, “…I suggest a change in editorial emphasis to downplay senior romance which is really a ridiculous notion in today‘s world of a 50%+ divorce rate, and about half of married women admitting being unfaithful…AARP should run articles showing how men can create fulfilling lives alone.”
7- Most cultures down through the ages recognized how inherently difficult marriage is by making divorce very difficult to obtain. Perhaps the best evidence of this are marriage jokes which usually comprise the largest section in joke anthologies. Some samples: (Rita Rudner)-Asked mother how she and dad stayed married 50 years. She said, “Just close your eyes and pretend it’s not happening.” (Groucho Marx)-Marriage is a wonderful institution, but who wants to live in a institution; (Jean Kerr)-Marrying a man is like buying something you’ve been admiring for a long time in a shop window. You may love it when you get it home, but it always doesn’t go with everything else in the house. (Milton Berle)-Told my wife black underwear turns me on, so she didn’t wash my shorts for a month; (Zsa Zsa Gabor)-A man in love is incomplete until he marries. Then he’s finished. (Joan Collins upon shedding husband #5 or 6) What I need is a wife! (Sir James Goldsmith)-The trouble with marrying your mistress is you create a job vacancy.
(Anonymous) Marriage is the high sea for which no compass has yet been in

Saturday, October 08, 2005

We're very close to the point of no return

Yesterday, I saw the sports betting movie "Two for the Money", a gambling retelling of movies like "Wall Street" and "Boiler Room". Very entertaining and informative about how the sports betting business works, the portrayal of compulsive gamblers supports my view such behavior is a neurological disorder.

The film also presents a very dark view of the American family, the effects of divorce on children, and the dearth of real economic opportunity for even college educated young adults. The protagonist, a young college graduate from a broken home, is miraculously plucked out of a deadend minimum wage telemarketing job to become a sports betting advisor media hotshot.

Our handsome, attractive, and quite bright young hero is also sexually ambiguous. His one sexual encounter in the movie is a one night stand with a woman he learns later is an upscale prostitute also likely well educated and from a middle class background.

In a few years when the major studios will be able to widely distribute movies featuring homosexual love stories, the plot resolution in a "Two for the the Money" type story would have the young man "come out" in the film.

Without a revolutionary shift in thinking by our cultural and political elites about the long term effects of divorce, and social depravities like unrestrained casino gambling, family life resembling anything like the world of "Leave It to Beaver" will be a thing of the past.

Friday, October 07, 2005

New Washington Times advert appearing 10/10/05 (text version)

A FOREIGN POLICY “NEW DEAL” FOR THE ISLAMIC WORLD WILL END THE WAR ON TERROR AND HELP RESTORE TODAY’S TATTERED AMERICAN FAMILY

We're perpetually at sword's point with the Islamic world because we're trying to shove our version of feminism down their throats. Given our 50% plus divorce rate, very low marriage formations, and the majority of children now born out of wedlock, no wonder feminism's a "No Sale" in the Islamic world.

The Israeli-Arab conflict is a red herring. Israel’s earned her place in the sun. With peace she’d be a good neighbor, and an engine for sustained regional economic growth. The problem would resolve in a heartbeat if we genuinely respected Muslim family and social customs.
Because Israel honors and respects Islamic traditions there's no terrorism from its million plus Arab citizens.

Jewish, and an ardent Zionist, I’ve followed the Israeli press closely for many decades. Can't recall a single instance in which the government, absent an intervening military or security issue, interfered in a purely internal Muslim family matter.

The War on Terror is largely the result of our fundamental disrespect for Islamic culture. We’re not facing massed armies, but highly motivated, committed quite ordinary people fearful with good reason of American political imperialism.

We just dead wrong to think one political size fits all.

There is much we can learn from Islam. It is an inward looking, family and community oriented society. Traditional Islamic culture promotes the same values as the traditional Jewish and Christian religious ideals from which it sprung.

The Republican family values platform would really work were we to adapt Islamic, traditional Jewish and Christian family law practices to our secular Constitutional structure.
We should encourage troubled couples to agreed to binding arbitration in their respective religious courts before seeking a civil divorce. Religious courts lost their moral authority by becoming little more than rubber stamps for civil divorce.

Today’s world is just to too small, and too inherently dangerous given just about any Tom, Dick or Harry can cook up a WMD in the basement, not to respect others’ way of life.

Thursday, October 06, 2005

Planet Earth calling the U.S. Senate: Anybody home?

The senate passed in defiance of a threatened veto a bill to ban use of "cruel, inhuman or degrading treatment or punishment" against anyone, including illegal combatants, in United States government custody. It would also require all American troops to use only interrogation techniques authorized in a new Army field manual to apply strict adherence to international law standards to battlefied detainees.

Among other things this means troops under fire can't apply common sense interrogation technqiues to coerce a prisoner to reveal information which might save their lives, or complete the mission.

The enemy doesn't play by Marquis of Queensbury rules. Such disregard for plain vanilla realities suggests what this country really needs is a national shrink.

Sometimes nations, like people, gotta do what they have to do to survive.

Wednesday, October 05, 2005

It will be the mother of all hangovers should Greenspan's successor choose to clean up his mess

Whoever replaces Alan Greenspan will have no choice but to severely contract the money supply if we want to save the dollar, and what's left of the American middle class.

Greenspan ran the Fed like an open bar at a lavish Hollywood wedding.

The dollar's collapse has been so severe legions of younger investors abandoned the equities market for property speculation simply to protect their underlying wealth. Were it not for older dividend oriented shareholders like myself the DOW would be 2000-3000 points lower.

Checked out the housing market in Minneapolis last week when there for the General Mills meeting and a campaign event. Took my breath away to see modest 3-4 bedroom homes on small lots selling for $600, 000 and up in an area with a Central European climate! Here in Northern California those homes start at $1,000,000.

Should we fret about gay marriage when we'll need polygamy to have enough adult earners to carry the mortgages on today's superheated home prices?

Tuesday, October 04, 2005

A woman of worth who can find? Her price is far beyond rubies...: (Jewish saying)

The Chinese also swallowed whole the utter claptrap that is romantic love-- a fleeting neurophysiological event nature designed to encourage potential partners to discover what else they shared in common aside from sexual attraction, and the novelty of a new friendship.

http://bette.aecom.yu.edu/Media/science_love.pdf

_____________
October 4, 2005

Women in China Embrace Divorce as Stigma Eases

By JIM YARDLEY

GUANGZHOU, China, Sept. 30 - In this lush, affluent region where adultery is so ingrained that wealthy businessmen keep their lovers in "concubine villages," infidelity is often tolerated in a marriage. But Cai Shaohong could not put up with it.

So against the advice of her parents, Ms. Cai, 29, decided in June to leave her husband. Five years of marriage dissolved after 30 minutes of paperwork. She celebrated at a teahouse with friends. By August, Ms. Cai was advising a friend who had also decided to end her marriage with an unfaithful spouse.

"Several of my friends have gotten divorced," Ms. Cai said this week during a break at her office, explaining how things are changing here. "My friends think divorce is normal, not an unthinkable thing."

Divorce was once a dreaded fate for women in China. Now, many younger urban women like Ms. Cai view it almost as a civil right, which has helped drive up divorce rates. One government study found that women had initiated 70 percent of divorce applications here in Guangdong Province, where the number of divorces increased by 52 percent last year.

For women, and for men as well, changing social mores have brought changing expectations of marriage. If Chinese couples once recited ancient vows "to remain loyal to each other even if the seas run dry and the rocks crumble," as scholars point out, these days bad food or bad sex is enough to end some marriages.

"In the past, traditional values were the most important thing," said Yuan Rongqin, a psychotherapist in Guangzhou who treats a growing number of people for marriage- and divorce-related problems. "Now, individualism has taken over."

Divorce, then, has become yet another barometer of how Western influences introduced by two decades of economic change have rippled through Chinese society. China now has divorce lawyers, divorce counselors, prenuptial agreements and private detective agencies that photograph cheating spouses in the act. Several television shows about divorce have become popular.

"People's idea about the concept of marriage is changing," said Lu Ying, a lawyer who runs the Women and Gender Study Center at Zhongshan University in Guangzhou. "Instead of thinking of having just one spouse for a lifetime, now they are thinking about the quality of a marriage. If it doesn't work out, then they are quietly ending it."

To a degree, China's rising divorce rate is typical for a developing country that is rapidly modernizing and becoming more affluent. But the increase has been sharp since October 2003, when the government streamlined the process in response to citizens' complaints. It also dropped the onerous requirement that couples needed approval from their employers. A process that once felt like an inquisition now can take 10 minutes.

Overall, China's divorce rate, as figured by comparing the number of divorces with the number of marriages in the same year, is about 19 percent, nearly five times the 1979 rate. That is still far below the divorce rate in the United States, which has been about 50 percent in recent years. Last year, the number of divorces in China jumped 21 percent from 2003, with 1.6 million couples splitting up. Roughly 6 in 10 opted against a contentious court divorce and chose the fast, noncontested divorce offered at government civil affairs offices. There, couples need only a marriage certificate, identification card, photographs and a divorce application.

The simplicity of the process has led to a new, if rare, social phenomenon, the "flash divorce" (as well the "flash marriage"). Chinese newspapers have carried accounts of young couples marrying in the morning, arguing at midday and divorcing in the afternoon.

Chang Jie regards her short marriage as a foolish mistake. In September 2003, when she was 24, she married her boyfriend in Beijing the day before she left for a job more than 1,000 miles away in the southern city of Macao. For four months, the new couple communicated mostly by e-mail. When Ms. Chang returned to Beijing in January 2004, her husband asked for a divorce. They had spent only a few days together as a married couple.

"He told me he didn't want to do this anymore," recalled Ms. Chang. "It shocked me." But she added: "It was better to end it. I think a lot of young people end their marriages in two years."
Divorce is much more common in the more prosperous cities than in poorer rural areas. In Beijing, for example, one study found that the divorce rate last year was 50 percent. Even so, divorce is rising in rural migrant families where a husband working away from home may only see his wife once a year.

Here in coastal Guangdong Province, a densely populated manufacturing hub that is one of the wealthiest regions in China, a local newspaper recently carried an article suggesting that Sept. 30, the eve of the weeklong National Day holiday, would be a "lucky" day to get divorced. It was a twist on the Chinese tradition of getting married on fortuitous holidays.

For many older couples trapped in loveless marriages, the new law has meant an exit without the shame of seeking permission. But Ms. Lu, who runs the Women and Gender Study Center, said younger couples were often less concerned about shame and more interested in whether the marriage has enough money and sex. If a person is unhappy over these issues, he or she is less likely than prior generations to simply bear it.

"These are considered reasonable excuses to file for a divorce," Ms. Lu said.

Infidelity has emerged as a leading cause of divorce. A survey in Guangdong, cited by state media, found that work pressure contributed to 60 percent of divorces while adultery contributed to 30 percent. Unhappiness with a "poor sex life" played a role in 20 percent of divorces.

Mr. Yuan, the psychotherapist, runs a private counseling center in Guangzhou. He said 80 percent of the patients who came to him for marital counseling complain of adultery. "There are more choices now in sex," Mr. Yuan said. "The change in traditional family values has led to more affairs."

Ms. Cai, the woman divorced in June, discovered a photograph of her husband and his lover. Infuriated, she told him that he must stop seeing his mistress, but he refused. Ms. Cai's parents fretted about the shame associated with divorce.

"My father said, 'You have a child and you should stick with the marriage,' " she said. "But I couldn't take it. My husband thought I was boring because I just went to work and came home. He said we had no social life."

Like an increasing number of younger women, Ms. Cai had a job, which gave her greater flexibility in deciding to leave. So in June, she arranged to meet her husband at the civil affairs office for a divorce. "He was late for the divorce appointment," she said. "He was late for the marriage, too. He was always late."

Two months ago, Ms. Cai took a new job at a Guangzhou agency that introduced foreign men to Chinese women, the equivalent of a mail-order bride company. Three of the agency's seven employees are divorced; so are 80 percent of the women who are signed up to meet foreign men. Inside the office, a wall is covered with photographs of middle-aged foreign men hugging mostly middle-aged Chinese women.

Remarriage is a major concern for Chinese women, given that there is still some social stigma attached to divorce. So Lin Junjie, a manager at the agency and herself divorced, said many women had come to the agency after failing to find a new Chinese husband.

Now, Ms. Lin said, the agency sponsored Saturday mixers between divorced Chinese women and foreign men. She said attendance was growing.

Monday, October 03, 2005

Bush's nomination of Harriet Miers to the Supreme Court is a grave disappointment

The last thing America needs on the Supreme Court is a lawyer's lawyer with no discernible social or political ideology who never married, or raised children.

What ordinary Americans see is not the same view one gets from the managing partner's corner office, or from the rear of a chauffeured limousine.

Sunday, October 02, 2005

Without virtue we're left with nothing but a handful of dust

(http://www.nytimes.com/2005/10/02/fashion/sundaystyles/02DNA.html)

This sad, very disturbing article reflects the consequences of feminism's promotion of Erika Jung's "zipless f***" as the role model of female sexuality which robbed women of virtue to turn romantic affection into a tool to destroy families, break the hearts of children, and undermine social stability.

Saturday, October 01, 2005

The casino boom steamrollers on unabated

(http://news.bbc.co.uk/1/hi/uk/4299582.stm)

Like in many American states, the UK government's gotten addicted to gambling taxes no matter the social and economic consequences for gamblers, gamblers' families and the community.

There's an upside for Israel in the Intifada. The fighting destroyed the casino in Jericho which Israelis heavily patronized. Casino gambling is illegal inside Israel proper.

To the greatest extent possible a Klein Administration would curtail the expansion of casino gambling, and try to invoke WTO national security and health exemptions to block overseas internet casinos from doing business in the United States. It is currently illegal for domestic companies to conduct online gambling.
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