Farewell then
Daiichi Chuo
Kisen
Kaisha.
9132.
Sunk
by "slumping rates";
Torpedoed
by falling demand;
Capsized
by the stormy seas of
market forces,
so you
said.
Fact is:
you've been 'listing'
for decades,
and many times before
I thought you'd
abandon ship.
Your debt
could have filled
the holds of
several of your
handy-sized
bulk carriers.
You'd survived
depressions,
inflations,
and the second
world war,
but not
the weight of
over-investment
with OPM
(and deflation).
Your wishful
catchphrase was:
"Heading to be
the World's'' leading Tramper",
but your epithet
will read:
"Davy Jones' Locker, 2015".
Tuesday, September 29, 2015
Friday, September 04, 2015
Limitations of Pillory
pillory
/pɪləri/
verb
past tense: pilloried; past participle: pilloried
1.
historical
put (someone) in a pillory.
2.
attack or ridicule publicly.
"he found himself pilloried by members of his own party"
synonyms: attack, criticize, censure, condemn, denigrate, find fault with, give a bad press to, lambaste, flay, savage, brand, stigmatize, cast a slur on, denounce;
Bold political leadership has been in more or less persistent decline for some time now. Be this primarily a result of a seemingly more benign period in history (World War in general setting the bar extremely high for subsequent politicians), the advent of technology that enables the rapid measurement of public opinion, or the slavery of modern parties in democracies to use these technologies and associated methods to maintain power irrespective of whether prevailing opinion sits atop dubious (or erroneous) understanding, is unclear to me. Whatever the cause(s), it is increasingly rare for an elected leader to lead, undertaking unpopular policy, however "right", necessary or correct whether morally, economically, or both, such action might be, for fear of being pilloried, with attendant electoral consequence.
The lack of boldness can be viewed as a virtue, for it can cut both ways, leading to ignominious moments in history such as the cultural revolution, the second US invasion of Iraq, collectivization of Soviet agriculture, the Khmer Rouge genocide, and the privatization of Britain's Trains, (and other public utilities) without meaningful oversight.
Former President Carter, despite being pilloried, ceded the canal to Panama, undermined support for nasty, corrupt regimes around the world, danced on the Israeli's (and Egyptian's) head until they made peace (which uniquely has prevailed). It was hard, but he was inspired by personal belief and resolve. Pres. Obama, despite many disappointments, for all the hatred and invective, has succeeded in his fight for universal healthcare (still far from optimal), engaging Cuba (after fifty fricking years!!!!), amnesty for (mostly LatAm) immigrants - all deeply unpopular, but almost certainly on the right side of "right" in the time-line of history. Leaders are routinely shamed by bolts of Nordic or northern European humanitarianism, but it is increasingly rare for Leaders in the large nations or blocs to lead the world in doing the right thing when the occasion requires.
So, it was with great surprise and admiration that I listened to Angela Merkel's one-and-half hour speech, leading her peoples, (and hopefully her reluctant european neighbors) to do the right thing, while shaming critics, ostriches, opponents, and nationalists alike. It certainly is a shame people and nations feel little shame today (outside Japan), yet, at certain moments it remains an effective call to action, engulfing and then, like a contagion, able to overcome people's baser, visceral xenophobic fears and parochial self-interest. But it takes leadership. And an eloquence of common sense and humanity. Thank you Angela Merkel.
That Britain and both her people and government, have remained so stubbornly mean-spirited is shameful. That East-Europeans and the Irish - whose migrants and refugees have been accepted, and integrated in their times of need, have been obstinate is shameful. That America, Australia, and Canada with their vast space and wealth have done next-to-nothing is shameful. That China and Russia have done nothing is, while shameful, sadly expected given their historical (and present) role as persecutors themselves.
Few believe accepting and settling refugees is a solution to the root causes of the crisis. But that isn't an excuse to not act humanely and generously in the face of crisis. For it is worth remembering that events can turn things upside down quickly and you never know what side of the fence you may find yourself on. And should the North Atlantic conveyor shut down bringing a return of glaciers to Northern climes, Brits may, ironically, find themselves begging for resettlement in Libya or elsewhere in North Africa or the Middle East.
/pɪləri/
verb
past tense: pilloried; past participle: pilloried
1.
historical
put (someone) in a pillory.
2.
attack or ridicule publicly.
"he found himself pilloried by members of his own party"
synonyms: attack, criticize, censure, condemn, denigrate, find fault with, give a bad press to, lambaste, flay, savage, brand, stigmatize, cast a slur on, denounce;
Bold political leadership has been in more or less persistent decline for some time now. Be this primarily a result of a seemingly more benign period in history (World War in general setting the bar extremely high for subsequent politicians), the advent of technology that enables the rapid measurement of public opinion, or the slavery of modern parties in democracies to use these technologies and associated methods to maintain power irrespective of whether prevailing opinion sits atop dubious (or erroneous) understanding, is unclear to me. Whatever the cause(s), it is increasingly rare for an elected leader to lead, undertaking unpopular policy, however "right", necessary or correct whether morally, economically, or both, such action might be, for fear of being pilloried, with attendant electoral consequence.
The lack of boldness can be viewed as a virtue, for it can cut both ways, leading to ignominious moments in history such as the cultural revolution, the second US invasion of Iraq, collectivization of Soviet agriculture, the Khmer Rouge genocide, and the privatization of Britain's Trains, (and other public utilities) without meaningful oversight.
Former President Carter, despite being pilloried, ceded the canal to Panama, undermined support for nasty, corrupt regimes around the world, danced on the Israeli's (and Egyptian's) head until they made peace (which uniquely has prevailed). It was hard, but he was inspired by personal belief and resolve. Pres. Obama, despite many disappointments, for all the hatred and invective, has succeeded in his fight for universal healthcare (still far from optimal), engaging Cuba (after fifty fricking years!!!!), amnesty for (mostly LatAm) immigrants - all deeply unpopular, but almost certainly on the right side of "right" in the time-line of history. Leaders are routinely shamed by bolts of Nordic or northern European humanitarianism, but it is increasingly rare for Leaders in the large nations or blocs to lead the world in doing the right thing when the occasion requires.
So, it was with great surprise and admiration that I listened to Angela Merkel's one-and-half hour speech, leading her peoples, (and hopefully her reluctant european neighbors) to do the right thing, while shaming critics, ostriches, opponents, and nationalists alike. It certainly is a shame people and nations feel little shame today (outside Japan), yet, at certain moments it remains an effective call to action, engulfing and then, like a contagion, able to overcome people's baser, visceral xenophobic fears and parochial self-interest. But it takes leadership. And an eloquence of common sense and humanity. Thank you Angela Merkel.
That Britain and both her people and government, have remained so stubbornly mean-spirited is shameful. That East-Europeans and the Irish - whose migrants and refugees have been accepted, and integrated in their times of need, have been obstinate is shameful. That America, Australia, and Canada with their vast space and wealth have done next-to-nothing is shameful. That China and Russia have done nothing is, while shameful, sadly expected given their historical (and present) role as persecutors themselves.
Few believe accepting and settling refugees is a solution to the root causes of the crisis. But that isn't an excuse to not act humanely and generously in the face of crisis. For it is worth remembering that events can turn things upside down quickly and you never know what side of the fence you may find yourself on. And should the North Atlantic conveyor shut down bringing a return of glaciers to Northern climes, Brits may, ironically, find themselves begging for resettlement in Libya or elsewhere in North Africa or the Middle East.
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