Month: October 2012

  • Soundtrack Composers

    So I’ve been mulling this one for awhile now.  I used to collect soundtracks.  There was something about the score of the movie that gave me the chills sometimes.  I still find soundtracks great, but I don’t quite have the same enthusiasm as I used to.  Part of this has to do with the fact that I don’t go to the theatre as often, but also because I just don’t collect anymore.  I don’t know the new composers, only the vanguard of composers past.  That said, I’ve been listening to some soundtracks recently, and want to share the observation that a lot of the time, you can tell a composer by the soundtrack.

    Here’s one analysis:  Aside from the coincidental coloration of both movie albums for National Treasure and Remember the Titans, Trevor Rabin has a distinctive style.  I’ve linked some music for you to compare the stylistic as well as melodic similarities from the two movies.

    National Treasure:

    http://www.youtube.com/watch?v=Olg4i1Z8N8k (Interrogation).

    http://www.youtube.com/watch?v=3KDfVB1g9BQ (Treasure)

    Remember the Titans:

    http://www.youtube.com/watch?v=JkAeSl3CXfs (Titan’s Spirit)

    Rabin changes tempo a lot in his tracks.  In general, the fast tempos are “big sound” and generate suspense.  Examples of this are at 2:30 in Interrogation, 2:30 in Treasure, and 2:40 in Titan’s Spirit.  The slow tempos are mostly relaxing but then lead to more suspense.  Note that for the slower tempos, there are melodic similarities.  These can be found at the beginning of Interrogation, 0:50 of Treasure, and 3:20 of Titan’s Spirit.  Also, probably due to his days at YES, Rabin includes some synthetic/electric guitar in places, but doesn’t over do it.  The tracks are still symphony driven, lots of bottom for the “big sound,” but high, high strings too. 

    For comparison, Rudy, which was scored by Jerry Goldsmith, is much more symphonic for a dramatic football movie.  It’s more similar to Star Trek First Contact.  Note some of the similarities in his use of French horn.  Well, maybe…..or I just LOVE the French horn part in Star Trek.

    http://www.youtube.com/watch?v=oHInW9C9kNo (Final Game)

    http://www.youtube.com/watch?v=mhoa7oWPPhk (First Contact)

    So there you have it.  You can do this also with James Horner.  Compare Glory, Bicentennial Man, and of course Titanic. 

    Finally, just for kicks, compare this from Armageddon to Rabin’s other score material.

    http://www.youtube.com/watch?v=yuxrDLlsOvU

  • Equalty and Equal Opportunity

    Most of us are familiar with the following phrase:  “We hold these truths to be self-evident, that all men are created equal, that they are endowed by their Creator with certain unalienable rights, that among these are Life, Liberty, and the Pursuit of Happiness.”

    Yes, the issue of slavery in that day makes the statement hypocritical, but that is not what I want to discuss today.  With the final debate taken place and the 2012 Presidential election two weeks away, equality and opportunity are two words that should be in the minds of voters.  They cover a wide range of issues including education, immigration, and women’s rights.  A careful distinction however, needs to be made because I think the two terms are often equated.

    Let us first consider equality and the following statement made by Buster Kilrain in Michael Shaara’s, The Killer Angels.  For those of you who haven’t read it, it’s a Civil War novel, and this particular discussion between the commanding officer of the 20th Maine Joshua Chamberlain and Buster Kilrain centers around how each feels about African slaves.  Chamberlain argues along the line of createdness, but Kilrain disagrees.

    “Colonel, you’re a lovely man.  I see at last a great difference between us, and yet, I admire ye, lad.  You’re an idealist, praise be.  The truth is, Colonel, that there is no divine spark, bless you.  There’s many a man alive no more value than a dead dog.  Equality?  Christ in Heaven.  What I’m fighting for is the right to prove that I’m a better man than many.  Where have you seen this divine spark in action, Colonel?  Where have you noted this magnificent equality?  The Great White Joker in the Sky dooms us all to stupidity or poverty from birth.  No two things on earth are equal or have an equal chance, not a leaf or a tree.”

    What Kilrain says appears to be true and critiques the Declaration in that complete equality does not exist even with createdness.  Note also that even the Declaration does not say that everything is equal, but that a sense of equality is contingent on the act of creation by a Creator.  I will bypass the issue of religion here because it is not the focus of this essay.  Rather, I want to bring to attention that disparity will always exist.  The problem is how much disparity in the system is acceptable and under what circumstances.

    I would argue that true equality is something that we do not want.  Why?  True equality denies the particularity of individual beings, restricts growth, and makes choice irrelevant.  In scientific terms no works gets done under conditions of equilibrium.  It’s a zero sum game, that is, an individual is constrained by the set conditions of equality.  Thus, when people talk about equality, it is not true equality, but a qualified one.  As such however, it still operates under the principles of equality.

    Should qualified equality be policy?  Fairness dictates yes.  Equal qualifications, equal work, should result in equal pay.  This…equation comes from the Equal Pay Act of 1963 and Title VII of the Civil Rights Act of 1964.  More recently, the Lilly Ledbetter Act has gained attention, but from what I have read, the LL Act amends the Equal Pay Act so that gender discriminatory grievances can be brought paycheck to paycheck, not only within 180 days of employment.  Thus, it would seem that people have improperly associated women’s equal pay with the LL Act.  That said, since it’s enactment in 2009, not much seems to have changed. 

    http://abcnews.go.com/blogs/politics/2012/01/fact-check-obama-and-equal-pay-for-women/

    http://www.forbes.com/sites/stevecooper/2012/10/22/its-about-equal-pay-not-binders-and-opportunity/

    But if advocates of equality are serious, even under qualified conditions, then they must also recognize that despite the Equal Pay Act being a woman’s concern, men are also affected.  Let us bypass the other hidden cost of hiring SAME sex candidates based on equal qualification and get straight to gender inequality.  There is no question that where work and qualifications are equal, pay should be equal.  I doubt however that all conditions of equality are met all the time.  That is, there is a disparity between a man and woman rationale for work, and the amount of work done over a lifetime.  Take this Forbes article, which I can only say makes sense though I am unsure of its veracity since I have not read his book.

    http://www.forbes.com/2006/05/12/women-wage-gap-cx_wf_0512earningmore.html

    The article argues that while inequality still exists, under the most equal conditions, women actually make MORE than men.  Should this not also be rectified?  Furthermore, in the event that a woman makes life choices that reduce working efficiency or output, should not their pay also reflect a reduction when compared to similarly titled employees?  Or is the title all that is important in pay grade?  Of course this equally applies to the man as well as woman, but IF indeed “flexibility” and life choices are important to women, then women should not be surprised to find disparity in wages where conditions are not equal.

    What about equal opportunity?  While the title suggests equality, it does not guarantee equality, nor is it adequately enforced.  In fact, current education practices in the United States only make one equally opportunistic where one is QUALIFIED.  Even then, education alone at times is not enough for a job.  To simply state that education gives greater opportunity, while true, understates business hiring practices.  Job postings are often times more closed than open, since a candidate has already been chosen and the posting is to conform to the Civil Rights Act.  Furthermore, even if a job is desirable and open, a candidate cannot be over qualified, since that would violate equal pay status.  It would appear that for some companies and businesses, they do everything possible to skirt equal opportunity.  Nevertheless, equal opportunity seems to be the best compromise that retains personal freedom.

    Is it up to the government then to impose equality in its many forms?  I suppose that someone or thing needs to set the conditions of equality.  The rub however, is that people must be willing to accept the consequences as well as benefits.  The government however, cannot set different conditions for different parties and then call them equal.  Alternatively, it is up to the corporations to act responsibly for its employees, but some have given up on this prospect given the nature of corporate greed.  However, the most flexible approach seems to be along the lines of equal opportunity, which in theory for qualified candidates is business decision, not a government one. 

  • Romney’s tax return, the rich and their investments

    http://news.yahoo.com/democrats-political-slant-marks-romney-tax-return-070444703–election.html

    Wednesday the first presidential debate will happen.  This post will not be about what the candidates will talk about.  I’ll write that after the debate happens.  No, this post is about Mitt Romney and the brew-ha-ha over his tax returns.  The most recent revelation has the democrats up in arms over his supposed machinations in order to get his paid tax in-line with a stated average 14% a year.  Romney did not take the full deductions possible for charitable giving, thus his effective tax rate came out to be 14%.    This tax of course is not more than is legally required because if he did, it would make him unfit to be president.  Or so Romney says.

    The interesting thing here is the extreme negativity that has resulted from his GIVING.  Who cares if he gave money without getting credit for it on a tax return?  I mean, if he used Turbo Tax he surely would have gotten a lower tax rate and that would mean he could lied about his effective tax rate.  Even if he gave money to charity, it was to the Latter Day Saints, so that doesn’t really count.  And he’s supposed to tithe 10% anyways, which he clearly hasn’t done that every year.  All this makes Romney a candidate who you can’t trust, etc. etc.

    *Sigh*  Oh the woes of being a rich man, Yubby dibby dibby dibby dibby dibby dibby dum.  One alternative has Romney painted as a miser who doesn’t pay his share of taxes, while the other crucifies him for manipulating his taxes so that he pays more.  All are possible of course because he is fabulously wealthy to begin with.  Quite different from our Jewish friend Tevye, who while acknowledging his poor status as nothing to be ashamed of, questions God on if some great cosmic plan would be destroyed had he a small fortune. 

    Well, there is no denying that Romney is rich.  Some question his amassing of his personal fortune, but suppose we give him the benefit of the doubt and that he acquired it legally.  He also gets most of his income from capital gains and dividend distributions which are “only” taxed at 15% through current Bush tax cuts.  Being a rich man, Romney has invested substantially in companies, and has reaped the rewards.  To the contrary, the poor man does not have such luxury.  There probably are probably other “loopholes” that allow Romney to gain more than his poorer brethren, but let’s be clear that taxes on capital gains and dividends are NOT loopholes.  It is current tax policy that affects everyone, even though disproportionately wealthy individuals can take advantage of paying only 15%.

    http://www.washingtonpost.com/politics/decision2012/romney-earned-nearly-14-million-in-2011-paid-141-percent-tax-rate-campaign-says/2012/09/21/e62e5096-0417-11e2-91e7-2962c74e7738_story.html

    Let’s ask a more basic question.  If you had the means of paying only 15% on your taxes would you do it?  Let’s ask another question.  If you didn’t have to “work” for money would you do it?  Let’s ask one more question.  If you could take as many deductions possible on your taxes so that you would get a lower tax rate with the greatest return, would you do it?  For the majority of people, my guess is yes to all those stated questions.  As the Capital One commercial suggests, who wouldn’t want more money for the simple choice of switching to Capital One?  Let your money do more work for you.  Isn’t that the financial advice we all get and we all support?  Isn’t that the reason why we invest in the market in the first place?  Sure, most of us do not have the resources to put large sums of money into the market, but then again I think most of do put money into the market in some form of financial planning.  Personally I invest in mutual funds, and invest through Sharebuilder.  I don’t have huge sums of money, but I save what I can and invest what I can. 

    Now, let’s be clear about something else.  I have not seen a single document that shows how much of the investment income Romney gained was used towards his personal living expenses.  Of course this is no extrapolation to what Romney does because who knows really, but what do I do with capital gains and dividend distributions?  I reinvest them!  I don’t see much if anything in terms of discretionary dollars that I use towards living expenses.  The point is that when I earmark something as investments, it is put toward the future, and at some point those investments are realized.  It’s what we all do with retirement accounts, just not taxed, and what Romney does with the caveat of being taxed.  Will I be a rich man when I retire?  Probably not, but I used the very same market forces to accumulate my personal wealth.

     

    Now, is something a loophole if everyone is bound to the same law or is something a loophole if there are ways to evade what should be common law?  One could interpret Romney as evading taxes since he pays no income tax, but this ignores the fact that there are separate taxes based on different classes of income, not income itself, and is one that is open to all people.  Now consider a tax policy that taxes the rich at double the rate for their capital gains and dividend distributions the than middle-class and poor.  A progressive tax rate you say?  Or is it a loophole, one perhaps even more egregious because it would allow different taxes based on different incomes and not the commonality of capital gains and dividend distributions?

    Finally, one cannot demonize a rich man simply for being rich.  Romney, for his faults (some that questions his presidential candidacy), cannot be faulted for giving nearly 30% of his income to charity, and he cannot be faulted for giving MORE to the government by not reporting the full amount of charitable deductions.  As far as I know, there is no legal requirement for you to take charitable deductions in the first place.  Furthermore, so what if gives most of it to a church?  One may raise the issue of not reaching 10% (Romney got to 7% this year and 12.5% the year before), but how many of those who go to church give 10% as well?  Since most appear to only give 2-3%, for you church goers, a certain parable should come to mind.  The problem is

    In the end, is it equitable to raise taxes on the rich so that you in the middle-class have better opportunity yourselves?  The answer may be yes, after all we already use a progressive tax system.  A differential tax based on capital gains for the rich however, doesn’t seem like a fair answer.  At the same time, income tax alone doesn’t seem like the answer either, but if we are to only use income tax, how far are we willing to go?  As far as they have proposed in France?

    http://news.yahoo.com/france-unveils-budget-heavy-taxes-124501335–finance.html