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Things That You Won’t Like in 2015

January 1, 2015 by Llewellyn King 2 Comments

The new year demands predictions. As those demands must be satisfied, here are mine:

1. President Barack Obama will be blamed for everything, from pet obesity to sunspots.

2. Jim DeMint, president of The Heritage Foundation, will continue to solicit me for money and will write me ingratiating letters as one conservative to supposedly another. Things are terrible because of Obama, he will say. But if I send him five bucks, the day can be saved for America.

3. Sen. Al Franken (D-Minn.) will ask me for money, five bucks, to save America from the likes of DeMint.

4. Amtrak – whose high-speed train between Washington, D.C. and Boston, Acela Express, is so expensive only rich business people can afford to ride it — will seek a larger federal subsidy. At present, it stands at $1.3 billion. Ordinary people, who Congress had in mind as riders, can’t afford the Acela's astronomical and predatory fares. So it has become a service for business executives and corporate lawyers — you can tell from the overheard cell phone conversations. A billable hour is a terrible thing to waste.

5. The airlines will find new ways to discomfort you; watch out for toilets that big and tall people can't sit on, seats that recline a 16th of an inch, and bad food that you'll buy only if you're off your medicine. Don't change your ticket, bring a suitcase or seek a seat with legroom. There are fees for that kind of convenience and comfort. Don't ask for logic in routing: How about Providence to Washington, D.C. with two stops and travel time of 10 hours and 20 minutes? An air travel Web site tried to tempt me with that “super-saver” fare. I reckon you could hitchhike it in about the same time.

6. If you thought it was difficult to reach any large company in 2014, it will be much worse in 2015. There are consultants out and about America, teaching corporations how to avoid their customers. Gone are the days when you could expect customer service of some sort, albeit from Rajiv in Bangladesh. Amazon, always a pioneer, has produced the consumer go-have-sex-with-yourself masterpiece. If you have a question about your Kindle, you have to give them your credit card if you want it answered. It's the no-pay-no-help line.

7. Talking of the perils of being a customer, Bank of America refused to give me the phone number of the local branch where I have an account. When I finally got through to the manager, she said they didn't give out the number because “the phone would be ringing off the hook.” I didn’t know people called the bank just to chat. No thought that those callers might be customers. Just remember new the mantra of big business: “The customer is always wrong, a nuisance, and fitted for nothing better than hanging an hour on the phone with a simple inquiry.”

8. Next year the save-a-buck Congress will decimate the Post Office. Sad because it's the one place that still works, and where you can get a question answered promptly. That will not do. The Social Security Administration is efficient and polite, too. So Congress has its hatchet out.

9. Now that the Republicans have control of government, they'll be out to prove that government doesn’t work. I’m sure they will pull it off. The Democrats will be complaining – having snatched defeat from the jaws of victory in the midterms.

How can you lose an election when the economy is turning around? Ask Sen. Franken when you send him your five bucks. Bet he won’t tell you. So I will. You turn your back on your president. That makes you look really bad, and looking really bad is a bad election strategy.
 

Happy New Year! — For the Hearst-New York Times Syndicate

 

Filed Under: King's Commentaries Tagged With: Acela, Amazon, Amtrak, Bank of America, Jim DeMint, Kindle, King Commentary, President Barack Obama, Republicans, Sen. Al Franken, Social Security Administration, The Heritage Foundation, U.S. airlines, U.S. Postal Service, U.S.Congress

Bill Gates and the Energy Research Dilemma

June 11, 2010 by White House Chronicle 3 Comments

There is an idea that has been around for a long time, at least since the fall of 1973: All that stands between the United States and an abundant energy future is a lack of spending on research and development.

It is as though the Knights Templar could find the Holy Grail, if only the pope would commit just a few more resources to the hunt.

Tens of billions of dollars have been spent, many of them fruitlessly; and some advances have been made, not the least in the kind of drilling technology that enables us to drill miles below the sea floor in the Gulf of Mexico. (Oops!)

Much else has been researched and not come to market. Wind and solar have taken giant strides, but still require tax breaks and subsidies. Nuclear energy through nuclear fission has been researched, even as its deployment has slowed. Worldwide hundreds of billions of dollars have been spent on nuclear fusion with nothing to show for it. Other programs have gone by the board, from coal liquefaction to magneto hydrodynamics and ocean-thermal gradients.

The thing about energy research has been that there are many promising lines, but seldom a big success.

On Thursday, a new set of highly qualified persuaders came to Washington to exhort the government to increase energy research and development funding from $5 billion to $16 billion a year, and to set up new organizations to channel and manage basic research on energy.

Some of the nation’s industrial savants, including Bill Gates late of Microsoft, Jeff Immelt of General Electric and Ursula Burns of Xerox, appeared at a press conference here as members of the American Energy Innovation Council. The chairman of the group, Chad Holliday of Bank of America, told the press: “Up until now energy investments have gotten short shrift.”

That is debatable. The problem with energy research has not been that it has been shortchanged, but that it has often been directed at the wrong thing; it has often been diluted or spread out for political purposes. Farmers want ethanol research, coal states want carbon management, and the populous Eastern states want carbon-free energy — so long as it is not nuclear.

The group of industry captains is not looking at the political, social and economic divides that have negated so many past endeavors. Just when the nuclear industry was ready to enter its long-expected renaissance in the 1990s, it was broadsided by new gas turbines. If the carbon in coal can be safely sequestered, does that solve the environmental problems of ripping it out of the ground?

R&D always produces something of interest and often of value, but not always what it was directed toward. At the press conference, Xerox’s Burns said that innovation needed to be managed, and that the CEOs of the group knew that from experience.

Actually, the experience of Xerox itself may belie that. The original copying machine technology nearly perished for want of sponsorship and was finally saved by not-for-profit Battelle Laboratories. Later, when many of the innovations that made the rise of Microsoft, Apple and Cisco possible were developed at Xerox’s California computer laboratories, the company did not know what to do with them. But Bill Gates did. These two should talk.

The great Bell Labs produced optic fiber and the transistor, but did nothing with them. Management is a lovely business when it controls but in so doing, it stifles.

If you want innovation, first get rid of the managers; second, get on bended knee before the bankers.

A new attitude toward energy is needed, but first it is a good idea to know where we want to go.

With the catastrophe in the Gulf, our energy future is again in flux. The trusted has become dangerous, and the dangerous may again be trusted. –For the Hearst-New York Times Syndicate

 

Filed Under: King's Commentaries Tagged With: American Energy Innovation Council, Bank of America, Batelle Laboratories, Bell Labs, Bill Gates, Chad Holliday, energy R & D, General Electric, Jeff Immelt, Microsoft, Ursula Burns, Xerox

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