Scandals among Powerful Men are on the Rise
A recent study found that the higher men or women rose in the business hierarchy, the more likely they were to commit adultery. Power increases opportunity and confidence, and with confidence comes a new sense of sexual entitlement. Dominique Strauss-Kahn, often referred to in France as DSK, is the Managing Director of the International Monetary Fund (IMF), and as such has achieved great visibility, power and wealth. DSK was recently arrested in New York City and charged with the sexual assault of a maid who was cleaning his hotel suite. It was recently reported that Arnold Schwarzenegger had fathered a child over ten years ago with a member of his household help. After this admission, his wife Maria Shriver left the family home and started divorce proceedings. These instances are not startling. Over the years, we have seen politicians, athletes and screen stars literally get away with their seeming peccadillos, often because their victims fear reprisal if they accuse their predators. Stricter laws and perhaps jail time may be the only method for dealing with this distasteful issue.
Minnesota Governor Tim Pawlenty may Run for President
Conservative Governor Tim Pawlenty feels that he has the goods to become our next President. The 50-year-old governor’s chances are still alive as some of his competitors fall by the wayside. He is proud of his blue-collar upbringing and his ability to relate to this facet of the population. His opponents point to his boring speeches, his Mr. Nice Guy image, and his lack of toughness as his main shortfalls. Nevertheless, he may prove to be the most plausible Republican alternative.
The American Economy
We are producing the same amount of goods and services in 2011 that we did in 2007, and we are doing it with 7 million fewer workers. Most new jobs are for part-time work which affects our unemployment numbers which do not account for the millions who have stopped looking for work or are working part time. Thus, the actual number of Americans without a real full-time job is close to 24 million workers. We are two years into the recovery and growth is a mere 2%.
President Obama’s budget foretells that the economy will create 20 million jobs over the next 10 years. However, over the past 10 years, only 1.7 million jobs have been created. That is quite a leap. We are now achieving gains in productivity almost entirely by cutting jobs. Technology has managed to produce massive efficiencies leading to less labor intensive industries. Globalization, or the entrance of third world countries into the work force has seen these countries manufacture items for a tenth of the price that Americans can. A solution to these problems is needed very quickly.
Time Magazine ‘” May 30, 2011 Issue