Opposites

Opposites

I am fortunate enough to live in one of the world’s great modern cities, Sydney, Australia.

There is every amenity you could ever need, a true diaspora of food and culture, and as cities go, Sydney is stunningly beautiful. It is even trying its best to gather up some history. Visitors pile in from all around the world and they love it.

The day before the Vivid festival of light and delight, it was date night. I went with my wife – shame on you to think otherwise – to the theatre. We were both left open-mouthed at Still Point Turning, a beautifully written bio-play of courage and fragility performed with great skill and compassion. It was fantastic. Even if you can’t get to see a production, read the play. It will be worth the effort.

On the way, we stopped for dinner at our newly crowned ‘best Italian eatery’ and blew our wheat quota on proper pizza. Yum.

Walking to the theatre, a gas-powered bus pulled up at the kerb, beeped and announced that “the mobility ramp is in use”. An array of respectful youngsters waited their turn before moving off into the night.

It was easy to feel blessed. Almost pinch-worthy just to be sure it was not all a delightful dream.

The next morning I had a meeting in the city and tuned into the ABC morning radio en route to the train station. The NSW state opposition leader Luke Foley was crapping on about the need for infrastructure for refugees. I use this term because he was having a whinge, using a minority to make his point and by doing so crossing the line into racism. He sounded like a total tool and it was shameful.

I turned off the radio.

As I write this post on the train that is comfortable and running on time, reflecting on delight and disgust, it seems that no matter how much good there is and how much of it there is too take in with all your senses buzzing, there has to be the opposite.

There will be someone, sometimes myself, finding as much bad stuff as is humanly possible. It is the human condition.

My advice is to drown in the good stuff when you feel it.

Let the warm feelings seep deep into your bones and let them glue themselves into the matrix of your being so that when the morning comes and reality brings the opposite to attack you, there is a defence, a barrier that you can retreat behind and smile.

Then do the right thing and don’t vote tools into office.

POTUS

POTUS

The POTUS has continued to distribute his unique brand of international relations around the world, including a summit with Vladimir Putin. In that meeting he chose to be conciliatory and ignore recent excesses by the Russians, even to the point of publicly accepting the ‘it wasn’t us’ excuse.

This is not what Americans do. They are bold, brash and brave. They bully their way to the moral high ground and hold it with god by their side. They don’t acquiesce for that smacks of weakness.

In saying what he did when questioned during the summit, Trump poked a fair few commentators, for example

“You can love Trump, you can be thrilled he vanquished Hillary, you can be right that Obama’s foreign policy was clownish, but call it here: this was atrocious and no American president should ever behave this way.” Karol Markowicz, New York Post columnist

There is a growing consensus across the land tonight … that the president threw the United States under the bus” John Roberts, Fox News White House correspondent.

European allies are uneasy. US-Russia relations are uncertain. And the US political world – and even the White House’s own communications team – is unsettled. Australian Broadcasting Corporation.

This could go any number of ways from here.

First, Trump is nothing if not consistent. He always does what the mainstream least expect so as not to appear mainstream to his support base. He also goes far enough so that even the least perceptive among his followers believes he’s different and doing it all for them. No coincidence that this style also soothes Trump’s own immediate and end game aches — he will leave office far wealthier than when he arrived and his post-presidency earnings will be staggering. On this route expect more of the same. An indelicate parade of gaffs designed to upset convention.

Second, Trump could go a step too far. An action or the combined weight of actions could see his base upset enough to rejoin the mainstream incredulity. Except he has been pretty extreme so far and no one comment or behaviour has even dented his armour plated followers. So, short of committing a felony on live TV, any one action is unlikely to change much. The weight of actions could be a problem if the actions were cumulative but, perhaps by design, they are dispersed across any number of issues and, whilst they all smell a bit off, the nose is an accommodating customer. New smells become familiar ones pretty quickly. A step too far is always possible and yet ,in this age of the instant, it might have to be a stride before the POTUS is irreparable.

Third, a felony is actually called. Be that from a murky past, electioneering or something yet done, if Trump is actually indicted it might undo him. Only might, because the evidence will have to be so solid, clean and fresh as a daisy in a summer field. Anything less will not stick to teflon. Why else is the ‘fake news’ ploy played so keenly. Few of that famous support base would believe anything said or written or even judged in court if it went against their core. It would be fake. And this is the truly clever play that was hard to do in the past. Spreading disinformation meant paying off journalists or dropping leaflets from airplanes or buying media companies. It was costly, risky and did not always work. Now all you need is a tweet. ‘Fake news’ is a the ultimate risk mitigation that will be played right to the end.

Fourth, a political renaissance happens in the US bringing a surge of interest in scholarship and values. Yeah, exactly. This is the least likely way things will go, akin to claiming an intercession from the virgin Mary.

Blessed be the fruit.

So what will happen?

Alloporus suspects that the limit is far away in the distance. A two term POTUS delivering an increasingly isolated and insular country that will, ironically perhaps, be more stable than in its expansionist past, is more likely than not. It will take much fake news, many intentional and unintentional blunders, and some heavy covering up to get there but the path is clear enough.

Welcome to the atrocious bus.

Average CEO salary

Average CEO salary

Here is a startling average CEO salary info graphic from the Australian Council of Superannuation Investors reported in a recent ABC post on CEO pay deals reaching their highest level in 17 years

That’s 11 blokes, and they are all blokes, paid $187 million between them.

An average CEO salary on the list might make the recipient declare $327,000 per week to the tax man.

As is usual on this blog, we’ll try and put these incomprehensible sums of money into context.

A delivery driver for Dominos starts at $15 per hour and might earn as little as $200 per week. That $187 million is roughly 6,309 person years worth of time for money at delivery driver rates working a 38 hour week.

Is the CEO worth the time of 631 people at the bottom end of the staffing pyramid?

A CEO would argue his case with vigor. Decisions, risk, and responsibility are all his and he’ll claim that this comes with an unfair level of stress. Indeed the jobs of all the workers depend on his calls that keep the company stable and trading profitably.

The delivery boy just has to get the pizza to the customer before it goes cold.

Disparity between those making decisions and those following them is nothing new. Throughout history leaders of all hues were in privileged positions that came through the support of their followers. People like being led and they are usually quite grateful for it.

If the leader takes people where they want to go, in the case of Domino’s Pizza Enterprises this was to a 7% profit increase despite lower than expected sales and a 9% loss in the share price, then they are happy and perhaps overlook what that direction might cost. More importantly they might not consider if the cost was worth it or even fair.

Then, of course, it’s a question of who is being led toward happiness. Not that many presumably given that the whole thing is legally designed to generate profit for shareholders who chomp on the profit dividends.

I suspect that average CEO salary will start to smell pretty soon. The majority of people are not led by ASX200 CEOs and they don’t understand why such remuneration levels exist. Indeed, I would be asking questions if I were a shareholder in any of these enterprises. Ironically I probably am without knowing it through the aforementioned superannuation investors.

At some point though, the majority will start to say enough is enough. There was an inkling of this with the Occupy Wall Street movement against wealth inequality, corruption and the influence of corporations on government. Not least the propping up of companies with public funds only for these companies to give bonuses to their executives.

And then that effort faded.

It will surely come again.

And anyway, what’s so special about pizza? What makes Mr Meij worth 33% more than the next highest earning CEO?

Maybe it’s the healthier, tastier menu.