Category: Oregon Cool


 “San Francisco has many charms, but it is not particularly salubrious. People regularly encountering used drug needles, human excrement and sidewalks full of homeless people when they arrive home late at night at their $4,000-a-month one-bedroom flat in San Francisco sometimes think they might just prefer it elsewhere.” The Economist cover story, “Peak Valley, Why startups are going elsewhere.”  

A median-priced home in the SF Bay Area, including the Silicon Valley, costs $940,000. Where can one find this mid-range beauty?

Scenic Milpitas? Bucolic Sunnyvale? Hip Hayward? Utopia in Union City?

HUD considers a family income of $120,000 in San Francisco to be “low income.” Six figures is “low income”?

The traffic in the Bay Area, let alone Los Angeles, is beyond mind-numbing.

If you like taxes, California is your redistribution nirvana: Income, sales, corporate, property, gas, tobacco, liquor, special assessments, fees, surtaxes, bridge tolls … If it tastes good, it’s taxed.

The Bay Area Council quantitatively revealed that 46 percent of regional respondents want to move elsewhere compared to one-in-three just two years ago.

And where do many consider moving? Portland, Eugene, Bend, Lake Oswego, Ashland … all in Oregon.

The desire of Californians to adopt and embrace Oregon’s superior quality of life at saner prices (e.g., zero sales tax) is not new. What is notable is the disappearance of the term, “Californicators” from the vocabulary of Oregonians.

Are Californicators going extinct?

What happened to this threatened species, which at one time was feared and loathed by Oregonians?

Driving Housing Prices; Compounding Traffic; Polluting Campgrounds

“I urge them to come and come many, many times to enjoy the beauty of Oregon. But I also ask them, for heaven’s sake, don’t move here to live.” – Former Oregon Governor Tom McCall

When the author of Almost DailyBrett first moved to Portland, Oregon in 1990, it was a good idea to remove the California plates from a vehicle as quickly (e.g., two nanoseconds) as possible.

As a former “Californicator,” your author was immediately responsible for all the sins that ailed Oregon. The state’s timber industry was heading in the wrong direction and the national recession hit Oregon hard.

Let’s face it, Oregonians exhibited a pronounced inferiority complex vis-à-vis California with its glorious weather, Silicon Valley entrepreneurs, Hollywood entertainers and yummy wineries in Napa and Sonoma Counties.

What Oregonians didn’t seem to appreciate was that times were-a-changing. California was becoming more image than reality. The estimated 9 million more souls (about the size of Michigan), who were projected to move to the Golden State by 2010, actually established residence … and then some.

Californians started commuting longer distances as traffic intensified and as taxes and tempers rose. California is more than Los Gatos, Los Altos, San Francisco, Tiburon, Malibu and La Jolla. The state is also home to hopelessness in Central Valley foreclosure communities including Stockton, Modesto, Fresno, and Bakersfield.

California used to be divided by north (e.g., San Francisco) vs. south (LaLaLand). Today, it is west (e.g., Palo Alto) vs. east (e.g., Visalia).

Doesn’t It Rain in Oregon?

Sure does and Oregonian loved exploiting the rain, dampness and gloom for their own purposes.

And then all the inferiority stopped cold, replaced by a smugness, even a sense that Oregon is superior to California.

Portland as evidenced by Portlandia became the place in which the Dream of the 90s survived.

JASON: “Remember when people were content to be unambitious? Sleep to eleven? Just hangout with their friends? You’d have no occupations whatsoever. Maybe you work a couple of hours a week at a coffee shop?”

MELANIE: “Right. I thought that died out a long time ago.”

JASON: “Not in Portland. Portland is a city where young people go to retire.”

Oregon became synonymous with the Nike Swoosh. The Ducks played twice for the national title, and won their last two Rose Bowls with Marcus Mariota accepting the Heisman Trophy.

Oregon’s Willamette Valley quickly became recognized as the home of some of the best Pinot Gris’ and Pinot Noirs in the world.

The state’s microbrews are literally second to none including: Widmer Hefeweizen (Portland), Deschutes Mirror Bond Pale Ale (Bend), Ninkasi Total Domination IPA (Eugene), Full Sail Amber Ale (Hood River).

The state diversified away from timber to become a leader in high technology, cancer research, and a whole host of service oriented businesses.

The departure of the figurative Californicators from the local nomenclature is both a reflection of the decline of California, but more importantly the growing coolness of Oregon.

https://www.opb.org/artsandlife/article/former-governor-tom-mccall-message-visitors/

https://www.economist.com/briefing/2018/09/01/silicon-valley-is-changing-and-its-lead-over-other-tech-hubs-narrowing

https://almostdailybrett.wordpress.com/2014/07/29/the-death-of-californication/

https://genius.com/Carrie-brownstein-and-fred-armisen-dream-of-the-90s-lyrics

https://simple.wikipedia.org/wiki/List_of_U.S._states_by_population

 

 

 

 

The University of Oregon’s student run newspaper, The Daily Emerald, reported that one registered Republican serves on the university’s Law School faculty, and another in its Political Science Department.

To these two poor souls Almost DailyBrett promises to keep your political affiliation, secret. Seriously.

For those of you scoring at home, these two departments sport 44 registered Democrats and two Republicans. Since 2015, more than 98 percent or more than $235,000 in donations from university faculty has been directed to liberal causes.

Only 98 percent?

Working on my 2012 master’s degree at UO, your author could imagine Adam Smith and his “Wealth of Nations” being embraced at the Lillis School of Business. According to the Emerald, only 50 percent of the business school faculty are registered Democrats.

About 100-yards to the east, the School of Journalism and Communication (SOJC) offers a totally different atmosphere.

Close your eyes. You can envision a lecture by Che Guevara being packed to the rafters. Don’t have to imagine the championing and teaching of Karl Marx, even though his philosophy continues to fail today (e.g., Maduro’s Venezuela).

Is the real philosophical gulf between the overwhelming number of faculty Democrats vs. the un pequito Republicans or more between those who embrace Social Justice and those who defend Capitalism?

For What It’s Worth

“The cultish professor who self-evidently reinforces a set of political beliefs is not something that just about anybody openly and consciously says is okay.” – Professor Craig Parsons, UO Department of Political Science chair

Amen.

The regular readers of Almost DailyBrett long ago determined your author is a registered Reaganite Republican and a staunch supporter of Buy Low, Sell High.

For my M.A. at the University of Oregon, your author created a college course in corporate communications and investor relations and taught it for more than five years.

Remember telling my students each quarter that whether they individually support or oppose capitalism, the main purpose of the class is to provide a realistic explanation of how global markets work. We also assessed the vital role public relations professionals play in presenting to investors an accurate picture of company financials and how a corporation makes money.

As Professor Parsons correctly states, it’s not appropriate for professors to indoctrinate their students. Instead, they should instill their profession-based knowledge – in this case, Wall Street and SEC disclosure rules – about how the real world works.

Is the goal of a university to develop activists or to prepare professionals to succeed in our free-market-driven, digital economy?

Does Political Stridency Enter The Classroom?

Alas, way too many times strident political discourse is being posted on the Facebook, LinkedIn, Twitter or other social media pages by professors. They will piously claim they are exercising their cherished First Amendment right of free speech and therefore commenting as a private citizen.

But what happens when their online rhetoric becomes the subject matter for a course syllabus, and thus is transformed into the classroom for discussion, follow-up quizzes, midterms and/or finals?

Will the student toe the philosophical line in order to secure a good grade?

One overly eager activist associate professor was requiring her students to watch the anti-Vietnam War documentary, “Hearts and Minds.” What about the individual hearts and minds of her students?

Another dean prompted her college to sponsor a series of lectures on mass incarceration, which is all well and good … except there were no speakers from the correctional/law enforcement community.

When asked about the absence of balance in the lecture series, she retorted: “There are no other views.”

Okay?

Disgraced commentator Bill O’Reilly was once lamenting to the late great Charles Krauthammer about the preponderance of liberal faculty on America’s college campuses. Krauthammer told him to accept a reality, which will never change.

The real issue is whether a professor’s political philosophy permeates into the classroom. Almost DailyBrett for the most part was impressed with Millennial students. They are the most-educated generation in the planet’s history and the most moved by experiential learning.

Let’s provide them with the facts about how the real world works and life-long skills (e.g., how to read an income statement and a balance sheet), and then give them the opportunity to excel and grow.

Dominating a classroom to forcefully instill your chosen political philosophy to develop activists is wrong and inappropriate.

Starting later this month, this practice will undoubtedly raise its ugly head once again.

https://www.dailyemerald.com/2018/08/20/does-it-matter-if-your-professor-is-a-democrat/

Oregon’s Mary Jane dispensaries are seemingly ubiquitous … They’re everywhere too.

Almost DailyBrett frequently wonders out loud how even über-liberal Eugene can support its preponderance of yoga studios and tattoo parlors.

Keep in mind that yoga mats and ink tats have nothing on Mary Jane.

What happens when a popular product, which was once Verboten and is now decriminalized (read: legal), loses its naughtiness and more than a tad of its hipness (e.g., demand side)?

And at the same time, what happens with the literal explosion of Mary Jane shops, sometimes two-or-more on the same street (e.g., supply side)?

Oregon is not Colorado.

Realtors will tell you that when the supply of houses goes up, the prices at best will stay flat or more likely, they will plunge (e.g., 2005-2010).

And when the supply diminishes and the number of buyers goes north, the prices most likely will go through the roof … no pun intended (e.g., the present).

Is the Mary Jane market a buyers’ market or a sellers’ market? Without a doubt: A buyers’ market.

Reportedly, the growing of Mary Jane in Oregon is three times the amount that legally can be sold.

According to the Bend Bulletin, there is more than 1 million pounds of Mary Jane in the supply chain.

Which brings us to the obvious supply chain question?

How long will it take for the weakest of all the Mary Jane shops (e.g., Economic Darwinism) to start going under?

Will they survive the calendar year? How many will remain? How many will enter the market?

Another question: How many prepared a business plan – yes, a business plan written by an MBA — before taking the plunge into the seven-point-leaf market?

Economies of Scale?

“No Industrialized Weed in the Neighborhood.” – Flatbed Bumper Sticker

Mary Jane may be the Wunder “medicine,” but the Laws of Economics still have this nasty habit of prevailing.

The average gram sale of Mary Jane ($4) is now less than a glass of wine ($8).

Does this price reduction mean that not only are the plethora of Mary Jane shops competing against each other (obvious result when the barriers-to-market-entry are so low), but will they also start cannibalizing the cannabis trade?

How many and who will prevail in an obviously overly saturated market?

Not that many, and those who can, benefit from economies of scale through sheer volume selling. Who will be the Philip Morris of the Oregon Mary Jane market?

Just as some low-barrier-to-market cigarette companies have still thrived by selling in volume even in the face of 400,000 of their customers dying each year, the same demands are placed on Mary Jane shops.

And when it comes to legal intoxicants, Oregon offers easy alternatives in the form of some of the world’s best microbrews – pales, ambers, IPAs, porters, stouts – from Deschutes, Full Sail, Ninkasi, Portland Brewing, Widmer and others.

Each of these brewers has also branched out into pubs, pairing finger-licking food with their own beers.

Did someone mention wine? Oregon has more than its fair share of wine bars and trendy restaurants.

Oregon’s temperate weather and terroirs are conducive to producing some of the best and yummy Pinot Noirs and Pinot Gris from the likes of, A to Z Wineworks, Adelsheim, Duck Pond, Firesteed, King Estate, Knudsen Erath, Rex Hill, Sokol Blosser, Sweet Cheeks, Sylvan Ridge, Willamette Vineyards, Youngberg Hill, and many, many others.

What is the lesson from this Almost DailyBrett epistle, and others that have been written on this subject?

Coolness is fleeting. Economics matter. Competition is inevitable. The Laws of Supply and Demand prevail.

In Oregon’s case, there are oodles and oodles of Mary Jane shops. Three-of-its-four neighboring states (i.e., Washington, Nevada, California) to the north, east and south have legalized cannabis. There is no Mary Jane Tourism to Oregon. That ship has sailed.

You can’t always get what you want, but if you try some time, you just may find, you get more than you need.

https://www.leafbuyer.com/blog/oregon-cannabis-market-in-trouble

https://www.opb.org/news/article/oregon-recreational-cannabis-supply-demand/

http://www.wweek.com/news/2018/04/18/oregon-grew-more-cannabis-than-customers-can-smoke-now-shops-and-farmers-are-left-with-mountains-of-unwanted-bud/

https://www.businessinsider.com/legal-marijuana-states-2018-1

https://almostdailybrett.wordpress.com/2014/01/20/nasdaq-weed/

“When are we going to realize in this country that our wealth is work?” – Comedy Central Jon Stewart assertion to CNBC’s Jim Cramer

Heard one of the talking heads of the chattering class last week on CNBC extol the virtues of “passive investing” in the face of massive volatility and the long-awaited arrival of a Wall Street correction.

Isn’t “passive investing” an oxymoron or a contradiction in terms, if not just plain dumb?

The basic premise is the 54 percent of Americans investing in stocks and stock-based mutual funds should put all of their investments on auto pilot, automatically “investing” a fixed percentage of their pay checks into company 401Ks or brokerage managed IRAs (Individual Retirement Accounts).

On more than one occasion, Almost DailyBrett has been critiqued for surfing Charles Schwab, Fidelity, Zillow and Wells Fargo each on a daily basis.

Is your author an unreformed capitalist? Please allow me to plead, guilty.

What’s curious is no one seems to raise an eyebrow to those constantly burying their noses into their smart phones, spending an inordinate amount of time on Facebook or Snapchat or bingeing on video games or streaming video.

As Jon Stewart correctly surmised in his 2009 televised pants-zing of Jim Cramer, far too many times retail investors have been sold this notion that markets inevitably go up, so don’t mind volatility and fluctuations. Forget about it!

And if that is indeed the case, panicking only leads to losses. No argument.

The question that Almost DailyBrett is raising and arguing is very simple: Do we want to manage your wealth accumulation or be managed by others who may not have our best interest at heart?

The Day, The Music Died

“I went down to the sacred store; Where I’d heard the music years before; But the man there said the music wouldn’t play.” – Don McLean, American Pie

Your author contends that portfolio management is not the same as day trading. At the same time, the notion of long-term investing makes absolutely no sense. Back in the 1990s, one would have been advised to invest in IBM, Cisco, Intel and Microsoft and walk away.

With the exception of Microsoft, the music stopped playing for these “DinoTech” stocks.

Worse, the 1990s investor would have missed the massive upsides of newly minted 21st Century rock stars, the likes of Facebook, Amazon, Netflix and Google (FANG).

Since the days of the three Gees – Andy Grove, Bill Gates and Lou Gerstner (all retired or in one case, deceased), a new trove of corporate rock stars has ensued – Mark Zuckerberg (Facebook), Tim Cook (Apple), Jeff Bezos (Amazon) and Elon Musk (Tesla).

Don’t you know, these shooting stars will eventually flame out? And as Don McLean wrote and sang, their music will eventually die.

Who will be the rock stars of the next decade? Should we keep some money on the sidelines, ready to buy low and sell high. If we become “passive investors,” we will blindly throw our hard-earned, discretionary dollars at Wall Street regardless of bull market or bear market.

Shouldn’t we be selling near or at the height of the market and buying near or at the low of the market? Or should we just designate portions or our IRAs or 401Ks to this mutual fund manager or that mutual fund manager because they are the “experts”?

Where Do You Shop? What Products/Services Do You Buy?

“I don’t care about a stock’s past, only its future.” – Jim Cramer of CNBC’s “Mad Money”

Almost DailyBrett has his fair share of mutual funds – domestic/foreign; large cap/mid-cap/small cap – and cash under management. Your author also manages four individual stocks, carefully avoiding the perils associated with all eggs coming from one chicken.

Apple: Let’s see, in the morning your author reaches for his Apple Smart Phone, runs to classic rock sounds on his antiquated iPod, and turns on his Mac at work. You bet ya, Apple is part of the portfolio.

Boeing: Considering that Donald Trump is president and more federal dollars are headed for defense and the economy is strong, regardless of market gyrations, Boeing has been a solid buy. The company sold 700 commercial airliners this year and plans to deliver 800 next year. Has your author been transported by Boeing Aircraft? Is the Pope, Catholic?

Nike: Uncle Phil is the founder of athletic apparel market leader and the über-benefactor of University of Oregon Athletics. Nike shoes/gear are worn for morning runs to complement the Nike+ software program on the Apple iPod.

Salesforce.com. Marc Benioff hails from my undergraduate alma mater, the University of Southern California (May The Horse Be With You). Mark is the founder, chairman and CEO of business software innovator, Salesforce.com. Let’s face it, many may claim a cloud legacy, but Salesforce.com was first to SaaS or Software as a Service.

Apple, Boeing, Nike and Salesforce are the four present individual securities in the portfolio of Almost DailyBrett. Are they examined and managed on a daily basis? You bet ya. Will they be there forever? Forget it.

Should an investor, who rejects passivity, consider these individual stocks?

Only your investment advisor knows for sure.

https://www.nytimes.com/2015/08/08/opinion/joe-nocera-on-the-cramer-takedown.html

http://www.cc.com/video-clips/iinzrx/the-daily-show-with-jon-stewart-jim-cramer-pt–2

https://don-mclean.com/

 

 

Where I think we’ve got a little sideways as a culture is that people take it personally, if you have a different perspective, a different point of view. I would say, we just need to lighten up.” – Portland Mayor Ken Wheeler on “60 Minutes.”

Can we all learn to eventually let go? Yes, let it go.

And what about the “lighten up” suggestion made by Portland Mayor Ken Wheeler?

In this tumultuous Age of Trump, have we crossed the threshold that anyone who does not agree with our pre-ordained philosophy and Weltanschauung is our mortal enemy, never to emerge from the Pit of Misery?

As the author of Almost DailyBrett prepares to exit the professional world stage in four blessed months, one reflects back to the battles of life, and asks:

How many of these conflicts were truly worth fighting? Were their Pyrrhic victories in which battles were won, and wars were lost? If so, what was the point?

More to today’s discussion: How many issues in life are really worth going to the mat?

Very few in reality, when you for example look back over the course of a four-decade career.

Allegedly Margaret Thatcher as played by Meryl Streep in “The Iron Lady” upon receiving a marriage proposal from Denis, romantically replied that “Life must have purpose.”

Agreed. That does not mean that each-and-every topic of life must have purpose. Reading Howard Kurtz’ Media Madness, Donald Trump , The Press And The War Over The Truth leaves the reader absolutely exhausted after only 200 pages.

Is there a remote control for life? Can we change the channel (bad metaphor, the networks are part of the problem)? Can we simply turn down the sound, if not mute the noise?

Now before you insinuate that Almost DailyBrett is changing the tune about being up to date on what is happening in the world, please understand that the Polish proverb, Not My Circus, Not My Monkeys, simply applies to the notion of carefully picking our battles.

Going To The Mat

Gary Oldman playing the role of Winston Churchill in Darkest Hour spars valiantly against those in England’s War Cabinet, who advocate negotiating mit dem Führer upon the Fall of France and the Low Countries in 1940. He resists the pressure, goes to the mat, fights and wins the battle of his life.

On the worst modern era day of our lives – September 11 – my company was contemplating proceeding with the layoff of 600 workers, shuttering two factories, about 8 percent of our total workforce … the following day.

Yours truly was shocked that a serious discussion to proceed was occurring in the board room as the smoke was rising from the World Trade Center and the Pentagon. There is no way that Almost DailyBrett wanted to be associated with this exercise.

Even though my salary (not including benefits, options and the Employee Stock Purchase Program – ESPP) reached northward toward $200,000 per annum, there was no question about severing and refusing to allow my personal brand and reputation to be tied to this wrong action.

The Nürnberg defense about “just following orders,” did not and would not apply.

Fortunately even though the rocket scientists in HR were upset for weeks, we collectively made the decision to postpone the restructuring until America returned to some semblance of normalcy: The planes were flying, the markets were open, the ball games were being played.

Yes, this postponement was a cause worth fighting and winning.

The Rear View Mirror

“The reason that university politics is so vicious is because stakes are so small” – Former Harvard Professor Henry Kissinger

The graying temples and follicly challenged appearance may be signals about growing wisdom, if not moving toward the sunset of one’s life.

Looking around, one can see battles to fight and dragons to slay. Maybe someone else can engage in these wars and get en fuego with fiery reptiles?

When one contemplates Kissinger’s quote one sees the linkage between the words, “vicious” and “small.”  If one concludes a matter is small and does even come close to warranting going to the mat, then why risk rising one’s blood pressure if only viciousness is the result?

There is a sense of liberation that comes from letting go and lightening up. One can assert that the need to NOT be so “tightly wound,” is a legitimate criticism.

Being Type A has resulted in many victories and achievements, but at what price in terms of health and happiness?

Sometimes we need to learn to allow others to have the “opportunity” to pay the price.

Let the latest fight/cause be their circus and their monkeys.

https://www.huffingtonpost.com/karen-ann-kennedy/not-my-circus-not-my-monk_b_5390455.html

https://www.psychologytoday.com/blog/depression-management-techniques/201412/not-my-circus-not-my-monkeys

https://www.cbsnews.com/video/portland/

https://almostdailybrett.wordpress.com/2011/02/16/going-to-the-mat/

https://almostdailybrett.wordpress.com/2010/09/01/your-company-and-religious-intolerance/

https://www.goodreads.com/quotes/609695-the-reason-that-university-politics-is-so-vicious-is-because

 

 

 

 

“Be sure to put on your own mask before helping others.”  — Flight attendant instructions before take-off.

The author of Almost DailyBrett couldn’t be more excited for his students preparing to graduate on June 9.

He is also charged up for his recent graduates, realizing that they too have the wind in their collective sails. No more taking any job just to survive, but instead actually seeking out a “position” that serves as the stepping stone for a rewarding career.

Think of it this way: Job boards are passé. Today’s graduates have a unique opportunity to seek out positions with their employers of choice through informational interviews and networking. They can create their own positions and forget about taking the first offer.

They have a unique opportunity to build their own wealth, and later give back to those who are less fortunate. They can voluntarily live below their means and become The Millionaire Next Door as reported by Mssrs Thomas Stanley and William Danko in their New York Times bestseller.

There simply has not been a better overall economic climate for competing college graduates in the last two decades.

We are living in a Goldilocks Economy.

Surging Business

Better strike while the irons are hot, red hot. Like all economic moves upwards to the right, the trend which is now their friend will not last forever.

Last week, we learned that America’s $19.41 trillion GDP economy grew at a non-inflationary 2.6 percent pace after two consecutive quarters of 3.0 percent … all of this growth coming before congressional passage/presidential approval of the historic tax reform bill and regulatory relief.

Could we experience 4 percent GDP in 2018, leaving no doubt that we are in a robust growth economy? How’s that sound, graduates?

Unemployment stands at 4.1 percent. The next Department of Labor’s jobs report will be announced on Ground Hog Day. Will it be the same percentage over-and-over again or even lower, coming closer to the 3.5 percent threshold for full-employment?

The benchmark Standard & Poors 500 surged 22.46 percent in 2017, and it has already grown another 7.55 percent since … January 1.

Wages and salaries are rising, reflecting a labor shortage for skilled employees.

America’s inflation rate (e.g., Consumer Price Index) was 2.1 percent in December.

The Federal Reserve’s Fed Funds rate is 1.25 percent, before expected increases by Jerome Powell’s Federal Reserve.

Americans for Tax Reform is keeping tab of the 263 companies (so far) making new commitments in terms of repatriations of billions overseas, paying more corporate taxes, increasing wages, providing bonuses, investing in the economy and hiring more people.

For example, FedEx announced the spending of $1.5 billion to expand/modernize its Indianapolis and Memphis hubs, $200 million in raises for hourly workers, and $1.5 billion for employee pensions.

The future regardless of economic gyrations revolves around newly professionally educated students graduating, who are ready to the hit the ground running in our digitized service-oriented economy.

We need graduates, who can tell the story and tell it well through the written word, verbal expression and compelling multimedia presentations.

To some, major corporations are somehow the bad guys in any drama. How can one arrive at this misguided conclusion, when these entrepreneurial firms innovate and produce the products we use on a daily basis, hire millions, invest billions, and provide trillions in investment returns for the 54 percent of Americans, who constitute the Investor Class.

This fantabulous story cannot be taken for granted, it needs to be told and retold by skilled communicators, the types we are graduating.

The great irony is American corporations are doing more to combat income inequality by hiring, investing and creating greater shareholder value by means of a reduction in corporate tax rates from 35 to 21 percent.

Portland: Where Young People Go To Retire

Or do they go there to stagnate?

As a former Portland resident for five years, Almost DailyBrett has news for those who voluntarily choose not to work: The recession of 2007-2008 is in the rear view mirror.

As mentioned earlier, the economy is thriving and there are more than McJobs, but positions.

If one is playing video games or binge watching “original content” – the new streaming video Holy Grail – then one obviously has a clue about digital devices.

How about putting that knowledge into the coming new Lingua Franca, coding as suggested by Apple’s Tim Cook?

There is no reason to do as little as possible and selfishly allow someone else to work two or more jobs to support you.

The time to strike is right now in this surging economy, and it won’t last forever.

The record number of working-age men voluntarily not working is estimated at 32 percent according to the American Enterprise Institute (AEI).

Alas, this is not a question of can’t, but really a question of won’t.

Sad, very sad.

https://www.wsj.com/articles/thank-you-for-tax-reform-1517009242

https://almostdailybrett.wordpress.com/2014/07/29/the-death-of-californication/

http://www.cbs.com/shows/60_minutes/video/BHTRU7FEG7TQECAG8UrdNwwI_8xUbvTq/portland/

https://almostdailybrett.wordpress.com/2017/12/02/is-coding-the-new-lingua-franca/

 

 

 

“The best thing about freshmen is that they become sophomores.”– Legendary Marquette Basketball Coach Al McGuire

What strategies can American colleges and universities employ to ensure that more freshmen do indeed become sophomores?

Consider the question this way: The late Intel President and CEO Andy Grove wrote about strategic inflection points in his 1996 best seller, “Only The Paranoid Survive.”

There are a few strategic inflection points in everyone’s life.

Get them right, and life may be a good thing as Martha would say.

Get them wrong, and life may end up simply running out the clock of life drinking PBRs in a dive bar.

What Almost DailyBrett is talking about are those poor souls who fall by the wayside may be directly attributable to the failure to make the transition from the freshman to sophomore year in college.

Based upon the experience of your professor author — more times than naught — is once a student takes time off after the frosh year to take a job, the overwhelming chances are the student never comes back to college.

Worse yet the student may have already incurred an educational loan, ending up with the double whammy of zero degree and crushing debt on the books.

Life is off to a miserable start, and it may only get worse.

Are these former students prepared for the demands of our service-oriented, digital, coding-dominated workforce? You know the answer.

Are they one “bad day” from being unemployed … yet again?

Forget about discretionary income to invest in stocks, bonds and mutual funds, these lowly sods are living pay check-to-pay check.

Sure there are examples of early college drop-outs – Bill Gates, Steve Jobs, Mark Zuckerberg – who become billionaires, but how many reach the Three-Comma-Club anyway?

Grooving With A High School Diploma

“If you think education is expensive; try the cost of ignorance.” – Former Harvard President Derek Bok

The numbers may be a tad outdated, but the story is still the same.

Pew Research reported in 2014 a startling gap between those who attain a BA/BS degree (let alone a master’s or Ph.D), and those with only a high school diploma.

The percentage of those with a bachelor’s degree in poverty three years ago was 5.8 percent; the percentage of those with a lowly high school diploma in poverty was 21.8 percent or more than one-in-five.

The college grad made on the average $45,500 per year; the high school diploma holder, $28,000 … a $17,500 per year delta. Multiply a $17,500 gap (which most likely will grow exponentially) by a 40-year career and the gulf reaches $700,000.

What does the $700,000 (at least) gulf mean?

This staggering number translates into the college graduate having discretionary income to invest in markets. Since the depth of the 2009 recession, the S&P 500 is up 270 percent. For 2017, the Dow Jones has increased 22.2 percent, the benchmark S&P has climbed 17.4 percent.

Many ponder, pontificate and bloviate about the growing economic separation between those who succeed in our interconnected, digital, service-oriented economy. Pew provides insights into the gap between those who graduate with a bachelor’s degree (about 29 percent of Americans) and those who don’t.

Colleges and universities are rightfully attuned to the percentage of entering freshmen, who graduate within the next five years.

Almost DailyBrett is asking a different question:

If many would-be sophomores are dropping out and co-signing themselves to a meager life (maybe even poverty), including one-bad-day-away from being unemployed, shouldn’t we be more concerned about freshmen retention?

Let’s review the U.S. News & World Report records for freshmen retention of four universities of particular interest to Almost DailyBrett:

  • University of Southern California, 96 percent freshman retention to sophomore year (BA degree in Broadcasting Journalism, 1978).
  • University of Oregon, 87 percent freshman retention rate (MA in Communications and Society, 2012).
  • Arizona State University, 86 percent freshman retention rate (Offered Ph.D Fellowship).
  • Central Washington University, 77 percent freshman retention rate (Presently employed as an Assistant Professor).

Some loss of frosh students because of plain, old life, and that is to be expected.

Losing 10 percent-to-20 percent or more of a freshman class should set off alarm bells.

Will these lost students be tomorrow’s poverty dwellers?

That may sound extreme, but then again it may not.

https://www.usnews.com/best-colleges/rankings/national-universities/freshmen-least-most-likely-return

https://www.payscale.com/career-news/2014/07/fewer-freshman-college-students-returning-for-sophomore-year

http://www.slate.com/blogs/moneybox/2014/11/19/u_s_college_dropouts_rates_explained_in_4_charts.html

http://www.azquotes.com/quote/562419

https://almostdailybrett.wordpress.com/2013/02/17/running-out-the-clock/

https://almostdailybrett.wordpress.com/2014/11/26/the-role-of-college-in-exacerbating-economic-inequality/

http://www.pewsocialtrends.org/2014/02/11/the-rising-cost-of-not-going-to-college/

https://www.cnbc.com/2017/11/02/stocks-are-high-but-investor-numbers-are-low.html

https://www.usnews.com/best-colleges/central-washington-university-3771

https://www.usnews.com/best-colleges/asu-1081

“I’m in favor of progress; it’s change I don’t like” – Mark Twain

The College Football Playoff is change; it’s not progress.

 

Instead it has become a shameless vehicle for ESECPN to proclaim the winner of a four-team playoff among the SEC, ACC and maybe the Big-12 as the “national” champion.

If Alabama doesn’t even capture its own division, let alone play and win the Southern Eastern Conference championship … macht nichts … then just place Nick Saban and the Crimson Tide in the College Football Playoff anyway!

What’s the purpose of conference championships?

USC wins the Pac-12 title on a Friday night. Who cares? It’s what happens on the next day that matters.

Ohio State wins the Big 10 title the next day, easily beating previously undefeated Wisconsin. That achievement should matter, until it doesn’t matter.

We all knew when there are five “Power” conferences, and only four playoff slots, one champion would be the odd man out, and not invited to the party.

But two conference champions not being selected to pave the way for two SEC teams to be anointed for the playoff … that’s highway robbery and every other metaphor of outrage that applies.

Clint Eastwood as “Dirty Harry” once opined that opinions are similar to sphincters, everyone has one.

With this introduction here are the dispassionate thoughts from an admitted Pac-12 supporter (i.e., USC undergrad, Oregon post-grad), the author of Almost DailyBrett:

If the Pac-12 is annually dismissed by the Pharisees at ESECPN, and our champion, USC at 11-2, is not even taken seriously for the College Football Playoff …

… And this year, the Big Ten champion, Ohio State 11-2, is also summarily deemed unworthy of the College Football Playoff, then let’s do something radical:

Go back to the good ole days.

The Pac-12 and the Big Ten champions play in The Granddaddy of Them All®, the Rose Bowl.

Yep, let’s celebrate a classic rematch of USC vs. Ohio State playing each other on New Year’s Day.

That’s way it was, and that’s how it should be.

The Granddaddy of Them All®

Oklahoma vs. Georgia in the Rose Bowl, gag me with the proverbial spoon.

The Sooner Schooner being paraded down Colorado Blvd., while UGA does his business in the bushes? Give me a break.

With the BSC followed by the College Football Playoff, we can now conclude college football has taken a huge step backwards.

Consider when Heisman Trophy winner Marcus Mariota and Oregon blew out Florida State 59-20, ending the Seminoles 30-game winning streak and holding the 2015 Rose Bowl Trophy.

Was that a reason for passionate celebration for the Pac-12 champion? Well no, because there was another game.

Ladies and Gentlemen, the Rose Bowl is the game. The author of Almost DailyBrett grew up 20 minutes away from Pasadena. Didn’t want to meet my maker without the Ducks once playing in the Rose Bowl, let alone winning it.

The College Football Playoff Doesn’t Work

We all know now the College Football Playoff doesn’t work.

Expanding it to eight games, just means more slots for SEC and ACC teams.

The Pac-12 and Big Ten should pull out of this monstrosity.

January 2, 2012; Pasadena, CA, USA; Oregon Ducks running back De’Anthony Thomas (6) runs the ball against the Wisconsin Badgers during the second half during the 2012 Rose Bowl. Mandatory Credit: Gary A. Vasquez-US PRESSWIRE

The two conferences should reestablish their exclusive with the Tournament of Roses, having their respective champions play on New Year’s Day.

If ESECPN wants to televise a “playoff” featuring the best-and-the-brightest of teams from the former Confederate States, go for it. Just pour some moonshine and scream “Go Bama, Go!”

Whattya think Rece “Bama” Davis? Concur Jesse “Gator” Palmer? Ditto David “Between the Hedges” Pollack?

For me, it’s time to go back to the Rose Bowl.

USC should be playing Ohio State in the historic Rose Bowl on New Year’s Day in Pasadena, California, not in the Cotton Bowl in Arlington Texas on December 29.

The playoff change did not work.

It’s progress to go back to the Rose Bowl.

http://www.azquotes.com/author/14883-Mark_Twain/tag/change

https://www.tournamentofroses.com/rose-bowl

Always wanted a tree house.

Not a literal house in a mighty tree, but an Oregon home with a forest deck surrounded by Douglas firs, wandering deer and playful squirrels.

A place to set off for morning runs, savor upscale coffee, little green chariot drives, day-trade, write blogs, soak-off remaining stress of a four-decade career in the hot tub, and smell the roses with my wunderbare Frau, Jeanne.

And let’s not forget the 30-yard-line seats 15 rows behind the opponent’s bench. As they say: “It never rains at Autzen Stadium” … until it does.

The residence serves as a jumping-off point to periodically see the world and to savor special places. For Jeanne and yours truly we have checked out Germany, Italy, Spain and the Bahamas …

What’s next? Can hardly wait to find out.

Sometimes, the author of Almost DailyBrett when trapped in mind-numbing, never-ending, bumper-to-bumper traffic would day-dream about even having the time to read a novel, let along taking a multi-week trip to some place Fantabulous.

That dream will soon be coming true. The day-to-day grind will mercifully come to an end, and the joie de vivre is just beginning. It’s time to do what I want to do.

A Great Career … and then some

Yes, there are two paths you can go by; But in the long run
There’s still time to change the road you’re on
– Jimmy Page, Robert Plant

The old saying in Sacramento to this day is: “When in doubt, declare victory!”

A recent documentary about Arnold Schwarzenegger examined his unbelievable success story from his days as a child of a typical Austrian policeman to his spectacular rise as the greatest body-builder of all time, a movie star, Philanthropist and most amazingly, governor of the largest state in the union.

When asked about his recent dalliance, he readily admitted his failures. He reminded us that humans cannot fly, so the farthest we can fall … is to the ground.

Fortunately, my career has been more ups than downs. Please allow me to humbly declare victory.

The author of Almost DailyBrett began his career as a cub reporter covering the 1978 California tax revolt earthquake. Four years later, he was serving as the press director of the Deukmejian Campaign Committee in a Golden State gubernatorial campaign that we twice almost lost, but persevered and won.

Never dreamed that a gubernatorial commission with my name and the words, “Press Secretary” would sit beside my desk. And yet there it is in black and white with a beautiful gold seal.

As the director of communications for the Semiconductor Industry Association, your author was given a crash course in the wonders and magic of digital technology. He visited capitals around the world (e.g., Tokyo, Washington D.C., London, Brussels, Stockholm … ), while assisting an ultimately successful, all-out effort to open up the Japan market.

Could not ever envision being a corporate guy, and yet your author served for 10 years as a director of corporate public relations for a publicly traded semiconductor company. Next up was nearly four years of agency life serving clients’ 16-hours apart from Ireland to Taiwan … sometimes on the same day.

The three-decade career spanned politics/government, non-profit, corporate and agency, but still there was something missing: Giving Back.

Time to start a second career in academia.

Almost DailyBrett always wanted to seek an advanced degree and to teach. Mission accomplished. My most cherished moments are when my thankful former students tell me about their great new jobs and the excitement in their lives.

Now it’s my turn to the change the road I’m on.

Mortality Is Everywhere

Losing my best man and best friend forever John Newhouse hit your author very hard.

He was only 62-years-young, way too young to buy the proverbial ranch.

Someday, I will hopefully be able to buy him the first microbrew in heaven … just not now … Please!

With Jeanne last August, we discussed life over a dry Riesling on the veranda of the  11th Century Castle Hotel Auf Schönburg on a cliff overlooking the Rhine. We reflected on the fact that a tour of duty is four years in military terms. Why can’t it be the same in academic life terms?

We made the decision then-and-there to come home to the tree house in the forest.

Today, your author looks out the window of our Oregon house at a fall masterpiece with the leaves on the ground and the rain making its autumnal return.

Seven months later, the forest will bloom again and the sun will be warm.

And we will be finally at home and at peace in our Eugene tree house.

https://almostdailybrett.wordpress.com/2017/07/05/craftingdelivering-the-eulogy/

 

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