Sunday, June 08, 2008

One Ol 'Coot Knows Another: Perot On McCain't

My two least favorite Daddy Warbucks wannabes are (Oklahoma-born) T-Bone Pickens (aka Slim) and (Arkansas-born) H.(enry) Ross Perot (aka The Spoiler). Both of these ol' coots belong in the Texas category of Cockroaches. What they can't eat or carry off, they fall into and spoil. In 1992, The Spoiler received my vote for President of the United States of America. That would have made him POTUS. The current inhabitant of 1600 Pennsylvania Avenue is IOTUS. Mercifully, the Republic was spared a Perotista takeover in '92 and we know what we got in '00 and '04. Now, we've got another Cockroach in the race and one old salt knows another old salt for what he is. If there is one thing The Geezer does well, it's an impression of an old coot who doesn't really follow what the hell is going on. If this is (fair & balanced) geriatric confusion, so be it.

[x Newspeak, er, Newsweek]
When Ross Perot Calls…
By Jonathan Alter

The phone rang (in january 2008) and it was Ross Perot, who hasn't given an interview in years. Perot, who won 19 percent of the vote in the 1992 presidential election, making him one of the strongest third-party candidates in American history, got straight to the point.

"Remember what you wrote about John McCain in the March 13, 2000, Newsweek?"

"Sure," I lied.

"When McCain called Perot 'nuttier than a fruitcake'?"

The Texas billionaire, now 77, still has some scores to settle from the Vietnam era, and his timing is exquisite. Just days before the South Carolina GOP primary, he wants me to know that McCain "is the classic opportunist--he's always reaching for attention and glory. Other POWs won't even sit at the same table with him."

Mark Salter, McCain's longtime top aide, says the Arizona senator has plenty of veteran support and many close friendships among other former POWs.

The Perot-McCain relationship goes back to McCain's five and a half years of captivity in Hanoi. When McCain's then-wife Carol was in a serious car accident, McCain's mother called Perot for help. "She asked me to send my people to Philadelphia to take care of the family," Perot says. Afterwards, McCain was grateful. "We loved him [Perot] for it," McCain told me in 2000.

Perot doesn't remember it that way. "After he came home, he walked with a limp, she [Carol McCain] walked with a limp. So he threw her over for a poster girl with big money from Arizona [Cindy McCain, his current wife] and the rest is history."

Perot's real problem with McCain is that he believes the senator hushed up evidence that live POWs were left behind in Vietnam and even transferred to the Soviet Union for human experimentation, a charge Perot says he heard from a senior Vietnamese official in the 1980s. "There's evidence, evidence, evidence," Perot claims. "McCain was adamant about shutting down anything to do with recovering POWs."

Not surprisingly, McCain sees it differently. He has told me several times over the years that the myth of live POWs was a cruel hoax on the families. He chaired hearings into the issue in the 1990s and found nothing. "The committee did an exhaustive job and pored over thousands of records and every claim of a sighting, no matter how outlandish," says Salter. "It was all untrue."

Perot says he intends to vote for Mitt Romney in the Texas Republican primary on March 4, citing Romney's experience in business and his family values. "When I went to the Naval Academy and met my first Mormons I asked why so many were excellent officers," Perot recalls. "I learned it was because of their strong family unit."

When I asked about Barack Obama, Perot said he admired his eloquence but thought it "a little odd that we would be less concerned about his background than being a Mormon." Perot was pleasantly surprised when I told him that Obama was a Christian, not a Muslim, and relieved when I informed him that the e-mail Perot (and untold others) received about Obama not respecting the Pledge of Allegiance was a fraud.

Perot isn't a Hillary hater, but he's not a fan either, relating the bumper sticker he received that reads: "Monica Lewinsky's Ex-Boyfriend's Wife for President."

The founder of a data-processing empire is still sharp in diagnosing what ails the United States. "The situation in 1992 was not nearly as bad as it is now," he says. "If ever there was a time when it was necessary to put our house in order, it's now.

"It's like having cancer and being in denial. The conduct of the House and Senate is an embarrassment to the nation." President Bush, Perot says, is a "decent person, but you can't say the same thing about the people around him."

Perot is appalled at the specter of big banks having to borrow from foreigners to stay afloat: "We have to go around the world with a tambourine and a tin cup."

He attributes the success of China to the fact that even uneducated Chinese must learn 3,000 characters early in life, compared to the 26 letters in the English alphabet. "Their hand-eye productivity is incredible because of drawing the symbols," Perot says, noting that most of today's Ph.D.s in engineering are from China and India, and only a small percentage from the United States.

Perot offers no easy solutions, instead emphasizing "a strong moral and ethical base, strong homes and the finest schools." He says he's disappointed that big textbook companies successfully lobbied in the Texas state legislature to reverse his landmark school reforms.

The pint-size Texan with the funny voice and the big ears isn't planning to run for president again, but says he will launch a Web site next month with plenty of the charts and graphs he made famous when explaining the deficit in 1992.

Before hanging up, Perot asked me to read the books he recommended on live POWs. I promised him I would.

[Jonathan Alter is a columnist and senior editor for Newsweek magazine, where he has worked since 1983. A Chicago native and resident of Montclair, New Jersey, he is also a contributing correspondent to NBC News, where since 1996 he has appeared regularly on NBC, MSNBC and CNBC. He is the author of The Defining Moment: FDR's Hundred Days and the Triumph of Hope, published by Simon & Schuster in 2006.]

Copyright © 2208 Newsweek, Inc.


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From Jaffa To Java: From Oranges To Software

Another Tom I like to call Tom Terrific is Thomas L. Friedman, whose world is flat. While the candiates for prexy were tap-dancing around in front of the pro-Israel Lobby, Warren Buffett has been doing a lot more for the future of Israel. Buffett is not a Zionist. He is a capitalist and has a cash register for a heart. In the past few months, I have been struck to discover that two pieces of software that I use in amazement (click on any word feature in this blog and the e-mail software known as Incredimail) had nothing to do with the Silicon Valley or any other location in the United States. Instead, Answers.com (the click on any word feature) and Incredimail.com were both Israeli software startups! Duh! What does Warren Buffett know? He knows value for his investments. Now, i understand why my two favorite software products of late were stamped "Made In Israel." Welcome to the 21st Century, folks. If this Is (fair & balanced) futurism, so be it.

[x NY Fishwrap]
People vs. Dinosaurs
By Thomas L. Friedman

[Reporting from Tefen Industrial Park, Israel]

Question: What do America’s premier investor, Warren Buffett, and Iran’s toxic president, Mahmoud Ahmadinejad, have in common? Answer: They’ve both made a bet about Israel’s future.

Ahmadinejad declared on Monday that Israel “has reached its final phase and will soon be wiped out from the geographic scene.”

By coincidence, I heard the Iranian leader’s statement on Israel Radio just as I was leaving the headquarters of Iscar, Israel’s famous precision tool company, headquartered in the Western Galilee, near the Lebanon border. Iscar is known for many things, most of all for being the first enterprise that Buffett bought overseas for his holding company, Berkshire Hathaway.

Buffett paid $4 billion for 80 percent of Iscar and the deal just happened to close a few days before Hezbollah, a key part of Iran’s holding company, attacked Israel in July 2006, triggering a monthlong war. I asked Iscar’s chairman, Eitan Wertheimer, what was Buffett’s reaction when he found out that he had just paid $4 billion for an Israeli company and a few days later Hezbollah rockets were landing outside its parking lot.

Buffett just brushed it off with a wave, recalled Wertheimer: “He said, ‘I’m not interested in the next quarter. I’m interested in the next 20 years.’ ” Wertheimer repaid that confidence by telling half his employees to stay home during the war and using the other half to keep the factory from not missing a day of work and setting a production record for the month. It helps when many of your “employees” are robots that move around the buildings, beeping humans out of the way.

So who would you put your money on? Buffett or Ahmadinejad? I’d short Ahmadinejad and go long Warren Buffett.

Why? From outside, Israel looks as if it’s in turmoil, largely because the entire political leadership seems to be under investigation. But Israel is a weak state with a strong civil society. The economy is exploding from the bottom up. Israel’s currency, the shekel, has appreciated nearly 30 percent against the dollar since the start of 2007.

The reason? Israel is a country that is hard-wired to compete in a flat world. It has a population drawn from 100 different countries, speaking 100 different languages, with a business culture that strongly encourages individual imagination and adaptation and where being a nonconformist is the norm. While you were sleeping, Israel has gone from oranges to software, or as they say around here, from Jaffa to Java.

The day I visited the Iscar campus, one of its theaters was filled with industrialists from the Czech Republic, who were getting a lecture — in Czech — from Iscar experts. The Czechs came all the way to the Israel-Lebanon border region to learn about the latest innovations in precision tool-making. Wertheimer is famous for staying close to his customers and the latest technologies. “If you sleep on the floor,” he likes to say, “you never have to worry about falling out of bed.”

That kind of hunger explains why, in the first quarter of 2008, the top four economies after America in attracting venture capital for start-ups were: Europe $1.53 billion, China $719 million, Israel $572 million and India $99 million, according to Dow Jones VentureSource. Israel, with 7 million people, attracted almost as much as China, with 1.3 billion.

Boaz Golany, who heads engineering at the Technion, Israel’s M.I.T., told me: “In the last eight months, we have had delegations from I.B.M., General Motors, Procter & Gamble and Wal-Mart visiting our campus. They are all looking to develop R & D centers in Israel.”

Ahmadinejad professes not to care about such things. He was — to put it in American baseball terms — born on third base and thinks he hit a triple. Because oil prices have gone up to nearly $140 a barrel, he feels relaxed predicting that Israel will disappear, while Iran maintains a welfare state — with more than 10 percent unemployment.

Iran has invented nothing of importance since the Islamic Revolution, which is a shame. Historically, Iranians have been a dynamic and inventive people — one only need look at the richness of Persian civilization to see that. But the Islamic regime there today does not trust its people and will not empower them as individuals.

Of course, oil wealth can buy all the software and nuclear technology you want, or can’t develop yourself. This is not an argument that we shouldn’t worry about Iran. Ahmadinejad should, though.

Iran’s economic and military clout today is largely dependent on extracting oil from the ground. Israel’s economic and military power today is entirely dependent on extracting intelligence from its people. Israel’s economic power is endlessly renewable. Iran’s is a dwindling resource based on fossil fuels made from dead dinosaurs.

So who will be here in 20 years? I’m with Buffett: I’ll bet on the people who bet on their people — not the people who bet on dead dinosaurs.

[Thomas L. Friedman became the NY Fishwrap's foreign-affairs columnist in 1995. He has won three Pulitzer Prize awards for commentary (2002, 1988, and 1983) as an Op-Ed columnist for The New York Times.]

Copyright © 2008 The New York Times Company


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