Wednesday, March 20, 2013
Experience Matters
Wednesday, January 25, 2012
Using the Left Hand
Wednesday, May 25, 2011
An Open Letter to Kansas Governor Sam Brownback
Monday, March 23, 2009
Perspective Anyone?
Ahhhh. Perspective. Something we all need. Something we rarely enjoy.
In art, of course, perspective is often something that professional artists love to play with. I have a couple of coffee-table books and many ties in my closet with images taken from the works of M. C. Escher. They provide hours of amusement for my children and me as we trace the passage of someone walking up the underside of a staircase and emerging through a door sideways. It's a little disconcerting but also a useful tool to explore how different points of view result in different outcomes.
Of late I have been reminded how a little more training in the use of perspective might have been useful during the past couple of months on the economic front. I've already raved about the ridiculousness of the US Senate getting all crazy about $50 million of the stimulus bill going to support efforts by the National Endowment for the Arts (NEA). $50 million, for those of you who missed my post, is about 63/10,000ths of 1% of the total $789 billion stimulus package. Kind of puts things in perspective, doesn't it?
But then I remembered something important. The Senate used to get all crazy over the NEA's $172 million budget back in the early 1990s. As a percentage of the Federal Budget, the NEA's budget was even smaller than its current portion of the stimulus package.
Fast forward a bit to this week. Perspective again becomes an important issue.
The general public is understandably outraged that AIG bosses received $160 million in retention (NOT performance) bonuses even as that sad-sack corporation was receiving $170 billion in tax-payer funds to--what's the phrase?--"cover its nut."
Now I don't have exact figures here, but it seems to me that, as justified as this outrage over bonuses is, it pales in comparison to the tens of billions of dollars that AIG is spending on, are you sitting down?, paying large international banking firms for having taken unconscionably bad investment positions in derivative swaps (or whatever they're called).
So, let's run a few numbers and get some new perspective on this AIG mess.
For ease of computation, I'm going to assume that AIG has paid out $50 billion to about a dozen banks all over the world to compensate them, dollar for dollar, the amount that they lost on derivative swappage.
What would have happened if, as frequently happens during a bankruptcy proceeding, AIG had said to these banks, "look, you're about to drive us out of business. But we're about to get some tax money. We'd like to offer you $0.90 on the dollar, since the alternative might just be for us to declare bankruptcy in which case you might get less than $0.10 on the dollar. Would $0.90 be okay?"
Assuming the banks said yes (and how could they refuse? THEY were the ones who made the bad investments to begin with!) tax payers could have saved $5 billion.
So here you have the poor schlubs who are busy "winding AIG down" getting retention bonuses (if they didn't, NO ONE would work for AIG), and getting beat up by the press, the Congress, and the American Public. Their collective bonuses represent just 3.2% of the money that could have been saved if only AIG had offered 90 cents on the dollar. But no one but me seems to be in a dither about it.
See what perspective does to you? It reveals a whole new side to a situation that makes you madder than you were before.
Perspective also reminds you that $160 million is frequently the cause of a lot of gnashing of teeth and flailing of limbs in political circles. We're in the Arts, after all, and we have that perspective down cold.
If this hasn't made you mad enough yet, then consider this.
The $50 million that caused such a furor in the Senate several weeks ago is exactly 1% of the $5 billion that might have been "saved" had AIG done the right thing.
Doesn't this make you want to pick up and head to Montpelier on Wednesday for Arts Achievement Day or to Washington DC next week for Arts Advocacy Day? At least there you'll be among people who share your perspective...
Wednesday, September 24, 2008
Art and Mass(ive) Consumerism
For example, one work, titled simply “Plastic Cups,” is a silver, gray, and white image of a post-industrial Tree of Life made up a million plastic 6 oz. cups (stacked) which is equal to the number used by airlines every six hours. One can only wonder how many of those are recycled…
Another (my personal favorite) is called “Cans Seurat” and reproduces in exquisite detail the Seurat work “A Sunday Afternoon on the Island of La Grande Jatte” only instead of Seurat’s pointillist technique rendered in oil paint, Jordan has rendered it in aluminum cans—106,000 of them, representing the number consumed by Americans every 30 seconds.
In his lecture, Jordan was quick to point out how easy it is to become stupefied by such staggering statistics. 1.14 million is just a number. 1.14 million folded and stacked brown paper supermarket bags, however, presented to look like a primeval forest, barren of all life--now THAT makes an impression. Then consider that what you are looking at is what is consumed in just one hour in the United States.
Put in even more political terms, the saturating effect of these statistics on our brain simply numbs it. The more numb we become, the easier it is for us to accept things like a disappearing ice shelf or a 700 billion dollar Wall Street Bail-out. According to Jordan, we have never needed the arts more than now. The arts give us time and the internal resources to reflect on and, perchance, change our self-destructive behaviors.
There are so many ways to kick this sad, tired argument in the teeth that one almost doesn’t know where to begin. So give me a couple of weeks to organize my response.
Stay tuned…