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    In Favor of the Liquidator

    StuartHayashi Image Corporate raiders help the economy when they take over struggling companies in order to save them. But what can be said of the corporate raider who acquires a failing corporation just to liquidate it and sell off its assets at a profit? “Detestable?” One such raider of Hollywood lore is in the movie “Other People’s Money,” based upon the eponymous off-Broadway play. He’s Lawrence Garfield (“Lawrence Garfinkle” in the play), a.k.a. “Larry the Liquidator.” In the tale, Larry notices that the company New England Wire & Cable’s stock sells at $10/share, but that, since all of the company’s assets minus liabilities come out to $100 million, and since it has four million outstanding shares, the real worth of an outstanding share is $25. Therefore, if Larry can buy up the stock and then liquidate the company, he’ll make a $15-per-share profit. So isn’t it vile for Larry to destroy a company or even downsize one? Don’t we need laws to protect jobs from such practices, as well as other threats, like foreign competition and job-replacing technological innovations? It’s widely believed that “all these factors destroy jobs, ”period.”” That’s not the whole truth; the jobs they “destroy” are replaced with new ones and, in the long run, they make consumers, on average, richer. A corporate raider only liquidates a company if its net worth outweighs its projected future earnings. If he thought the corporation still had a chance at succeeding, that would mean it would make ”more” money for him in the future, so he’d better keep it alive. But isn’t it still unethical to liquidate failing companies, when that necessarily means firing people? No, because, if a company’s bound to fail, it’ll go broke and those workers will lose their employment anyway. The difference: when corporate raiders liquidate companies, they cut the companies’ losses before the shareholders lose even more money and before the workers futilely waste more time and labor. When a corporation’s liquidated, its assets are sold off to be used for other, more productive endeavors, thereby helping other companies improve their productivity in satisfying their consumers. And the money the stockholders make from the sale is re-invested in other activities, too. Who takes care of the fired employees? The mainstream media frequently scream about mass layoffs, but omit mention of how often laid-off workers find new occupations. When AT&T downside in 1996, “Newsweek” demonized the company for putting people out of work. But scientist-businessman T.J. Rodgers pointed out that what “Newsweek” neglected to report was that many of AT&T’s fired engineers were instantly hired by his company Cypress Semiconductor and its rival Cirrus Logic. Said Rodgers, “The bad news from big companies gets front-page coverage, but the near-immediate absorption of their skilled workers is rarely discussed.” In addition, life seemed hopeless in Youngstown, Ohio, when its steel mills closed down, creating a horrifying 25 percent unemployment rate. But what the media failed to mention was that smaller companies later moved in, people learned new skills, and now Youngstown has unemployment levels below the national average of 5 percent, with positions that, on average, ”pay better” than the previous ones. As Federal Reserve economist Michael Cox puts it, “We recycle labor from unproductive uses to productive uses.” The same holds true for foreign companies: if they out-compete domestic businesses by offering a cheaper product to domestic markets, then American consumers receive cheaper goods and can use the money they save (what otherwise would’ve been spent on more expensive goods) to invest in industries where America ”can” dominate. If technological innovations replace some jobs to cut costs, that lowers prices and saves consumers money too, also to be be-reinvested. Besides, progress must march on. Larry Liquidator correctly noted, “[A]t one time, there must’ve been a dozen companies making buggy whips. And I bet the last one around made the best goddamn buggy whip you ever saw. Now how would you have liked to have been a stockholder in ”that” company?” Some buggy-whip companies still exist, but they’re not as lucrative. Many investors took their money out of carriage-producing and put it into automobile manufacturing. Carriage-crafters were fired, but a number of them found new jobs, and automakers were hired. In keeping with the process that economist Joseph Schumpeter called “creative destruction,” the free market re-allocates resources from where they’re in lower demand to where they’re in higher demand. Inextricably, real-life Larry Liquidators actually help ”create” even more valuable new jobs and thereby provide an important service for us all. ”Stuart K. Hayashi is the president of the Reason Club of Honolulu and an undergraduate in Entrepreneurial Studies at Hawaii Pacific University, though his opinions do not necessarily reflect that of either institution. He can be reached at mailto:radical_individualist@hotmail.com and an index of his past editorials for HawaiiReporter.com can be seen at” https://reason_club.tripod.com/stuart_editorials.html

    Big Turn Out Expected at Small Business Conference-Business Owners Want to Hear Governor's Plan to Boost Business Climate, Economy

    0

    More than 350 people are expected to attend the Small Business Hawaii 27th Annual Conference today themed “Small Business 2003: Changing Hawaii’s Business Climate for a Better Future,” which is scheduled from 8 a.m. to 2 p.m. at the Ala Moana Hotel in Honolulu.

    Calls poured into the office over the last several days of Small Business Hawaii, a non-profit member organization that lobbies and is an advocate for business in Hawaii. Sam Slom, president of Small Business Hawaii, says many member business owners and managers plan to attend the conference to hear Gov. Linda Lingle’s keynote address where she will unveil her platform to help Hawaii’s businesses and better the economy.

    Lingle, a Republican, promised in her campaign that she will do everything in her power to make Hawaii’s business climate better and to rid the state of legislation that hinders and hurts business and prevents investments from outside Hawaii. Business owners and operators say they are thrilled with the change in attitude between the Lingle administration and that of the former governor, Benjamin Cayetano, who was hostile toward businesses and passed burdensome legislation.

    Hours before Lingle gives the keynote address at the noon lunch, the conference will open at 8 a.m. with a brief address from Slom, who in addition to being president of the organization is a Republican state Senator.

    Around 8:30 a.m., Honolulu City Prosecutor Peter Carlisle will talk about crimes against business and how to prosecute them. Audience members concerned about the rise in property crime will be able to hear from and ask questions of both Carlisle and Mary Paulson, president of Security One, one of Hawaii’s most successful alarm companies. Paulson will make her speech during the “Small Business Success Stories” portion of the conference. Two other small business owners, Bill Green of Kahala Shell and Wayne Samiere of Honolulu Fish Company, also will be a part of the success stories segment and share their challenges and triumphs as small business owners in Hawaii.

    Those interested in campaign reform will hear from one of Hawaii’s most controversial figures, Bob Watada, executive director of the Campaign Spending Commission. Watada, who has fined and investigated elected officials from both major political parties and has gone up against some of the most powerful people in the state in an effort to clean up a corrupt political system, will address the conferees on “What Campaign Reforms Are Needed in 2003.”

    Following him is a panel of state Legislators who will discuss legislation they will introduce or fight in the coming year and how that will affect the business community. On the panel are Senate Majority Leader Colleen Hanabusa, D-Waianae; Senate Minority Policy Leader Bob Hogue, R-Kailua; and House Minority Leader Galen Fox, R-Waikiki.

    After the state legislators conclude their panel, hosted by KHVH Morning Talk Show Host Rick Hamada, the city council members will have their turn at laying out their plans for 2003. Topics will include taxes, budget, priorities in the city administration, the Bus Rapid Transit System, the overflowing city landfill and ethics at City Hall.

    Small Business Hawaii President and Executive Director Sam Slom says the public is welcome to attend. The cost is $40 for SBH members and their guests, $50 for non-members and for those who pay at the door.

    Slom says because of tough economic times in Hawaii and the drain this has put on the non-profit member organization, for the first time in the annual conference’s history there are corporate sponsorships for the event. Gold Sponsors include Small Business Hawaii members Ed Medeiros of Aloha Flea Market and Heavy Metal Barbell Company, Gary Arizala and HawaiiReporter.com. The Systemcenter, Inc., owned by Joyce and Bill Edwards, the winners of the Small Business Hawaii Persons of the Year in 2001, and ALTRES Inc., owned by Barron Guss, will be the Silver Sponsors. Bronze Sponsors are J.S. Services Inc. and New England Financial. Friends of Small Business Hawaii, a fourth level of sponsorship, include the Copy Shop Inc., Oils of Aloha, Charley’s Taxi, Peterson Signs-A Division of Sun Industries and The Quorum.

    For additional information, check out the SBH Web site at https://www.smallbusinesshawaii.com

    Big Turn Out Expected at Small Business Conference-Business Owners Want to Hear Governor’s Plan to Boost Business Climate, Economy

    0

    More than 350 people are expected to attend the Small Business Hawaii 27th Annual Conference today themed “Small Business 2003: Changing Hawaii’s Business Climate for a Better Future,” which is scheduled from 8 a.m. to 2 p.m. at the Ala Moana Hotel in Honolulu.

    Calls poured into the office over the last several days of Small Business Hawaii, a non-profit member organization that lobbies and is an advocate for business in Hawaii. Sam Slom, president of Small Business Hawaii, says many member business owners and managers plan to attend the conference to hear Gov. Linda Lingle’s keynote address where she will unveil her platform to help Hawaii’s businesses and better the economy.

    Lingle, a Republican, promised in her campaign that she will do everything in her power to make Hawaii’s business climate better and to rid the state of legislation that hinders and hurts business and prevents investments from outside Hawaii. Business owners and operators say they are thrilled with the change in attitude between the Lingle administration and that of the former governor, Benjamin Cayetano, who was hostile toward businesses and passed burdensome legislation.

    Hours before Lingle gives the keynote address at the noon lunch, the conference will open at 8 a.m. with a brief address from Slom, who in addition to being president of the organization is a Republican state Senator.

    Around 8:30 a.m., Honolulu City Prosecutor Peter Carlisle will talk about crimes against business and how to prosecute them. Audience members concerned about the rise in property crime will be able to hear from and ask questions of both Carlisle and Mary Paulson, president of Security One, one of Hawaii’s most successful alarm companies. Paulson will make her speech during the “Small Business Success Stories” portion of the conference. Two other small business owners, Bill Green of Kahala Shell and Wayne Samiere of Honolulu Fish Company, also will be a part of the success stories segment and share their challenges and triumphs as small business owners in Hawaii.

    Those interested in campaign reform will hear from one of Hawaii’s most controversial figures, Bob Watada, executive director of the Campaign Spending Commission. Watada, who has fined and investigated elected officials from both major political parties and has gone up against some of the most powerful people in the state in an effort to clean up a corrupt political system, will address the conferees on “What Campaign Reforms Are Needed in 2003.”

    Following him is a panel of state Legislators who will discuss legislation they will introduce or fight in the coming year and how that will affect the business community. On the panel are Senate Majority Leader Colleen Hanabusa, D-Waianae; Senate Minority Policy Leader Bob Hogue, R-Kailua; and House Minority Leader Galen Fox, R-Waikiki.

    After the state legislators conclude their panel, hosted by KHVH Morning Talk Show Host Rick Hamada, the city council members will have their turn at laying out their plans for 2003. Topics will include taxes, budget, priorities in the city administration, the Bus Rapid Transit System, the overflowing city landfill and ethics at City Hall.

    Small Business Hawaii President and Executive Director Sam Slom says the public is welcome to attend. The cost is $40 for SBH members and their guests, $50 for non-members and for those who pay at the door.

    Slom says because of tough economic times in Hawaii and the drain this has put on the non-profit member organization, for the first time in the annual conference’s history there are corporate sponsorships for the event. Gold Sponsors include Small Business Hawaii members Ed Medeiros of Aloha Flea Market and Heavy Metal Barbell Company, Gary Arizala and HawaiiReporter.com. The Systemcenter, Inc., owned by Joyce and Bill Edwards, the winners of the Small Business Hawaii Persons of the Year in 2001, and ALTRES Inc., owned by Barron Guss, will be the Silver Sponsors. Bronze Sponsors are J.S. Services Inc. and New England Financial. Friends of Small Business Hawaii, a fourth level of sponsorship, include the Copy Shop Inc., Oils of Aloha, Charley’s Taxi, Peterson Signs-A Division of Sun Industries and The Quorum.

    For additional information, check out the SBH Web site at https://www.smallbusinesshawaii.com

    Grassroot Perspective – Jan. 8, 2003

    0

    “Dick Rowland Image”

    ”Shoots (News, Views and Quotes)”

    – The Second Amendment’s ratifiers supported the right to keep and bear arms because they believe, in essence, that gun rights support human rights. Firearm ownership, they believed, acted as individual’s insurance against despotic government. And although we are grateful for their foresight, we also owe a debt to older traditions from which they derived wise counsel.

    Similar views, for example, were reflected in the English legal
    tradition, the precursor to the American legal system. As far back as
    the rule of Alfred (871-899), the English common law presumed that an armed populace was desirable for ensuring security. So entrenched was this belief that the bearing of arms was made a citizen’s legal duty. However, as Englishmen sought greater political freedom, the monarchy came to feel threatened by an armed populace and sought to curtail private ownership of weapons. Both the Magna Carta (1215) and the English Declaration of Rights (1688) grew out of the struggle of armed Englishmen.

    This theme can be heard even in western antiquity. Cicero, for example, warned that replacing the private ownership of weapons with standing armies was contributing to the fall of the Roman Empire. Earlier still, Plato and Aristotle, despite their profound differences, shared the belief that an armed populace was essential for preventing the imposition of tyranny.

    For Human Rights Day to retain meaning, it should also embrace the
    tradition that has helped safeguard human rights — a tradition
    enshrined in the individual right protected by the Second Amendment.

    See That Every Man Be Armed: The Evolution of a Constitutional Right, by Stephen Halbrook (The Independent Institute)
    https://www.independent.org/tii/content/briefs/BriefTEMBA.html

    – “the countries of the Third World are poor because they do not know how to create wealth. Wealth is a pie that you produce, not a pie that you distribute. This needs to be said forcefully and clearly.”
    – Father Piro Gheddo, Translated by Fr. Robert A. Sirrio

    GRIH comment: Are you listening, Senators: Ron Menor, Roz Baker; Reps: Marilyn Lee, Dennis Arakaki, Hermina Morita, Dwight Takamine, Helene Hale?

    ”Roots (Food for Thought)”

    Education Reform

    By Lynn Harsh

    State-sponsored schooling is not a uniquely American invention.
    Historically, many countries and city-states have mandated and paid for the education of children (that is, unless they were girls or slaves). Usually, the parents of these children were called subjects, and the reason for state sponsorship was to educate citizens who would serve the interests of the state. Ancient Sparta is an excellent example.

    Our forbears endeavored to do something different in America since they believed the state existed to serve its citizens, not the other way around. The proper education of children was deemed indispensable for personal development and prosperity, which our Founders knew would translate into growth and security for our young nation.

    Early proponents of publicly run and financed education worried,
    irrationally as it turns out, that the numerous privately run education institutions would fail to provide access to children whose families were poor. They dreamed of bringing literacy to the masses and unfettered opportunity to children of low income or family standing. They envisioned an America full of citizens participating in a democratic way of life.

    A few unintended consequences have arisen from these noble ideals.

    It can be argued that our modern-day public education system is doing the opposite of what those early education activists envisioned-that it is, in fact, trapping millions of poor children in the jail of illiteracy. The deeply held desires of most educators today is
    unrealized: that children from every walk of life will not only have the opportunity to receive an excellent education, but that they will yearn to do so.

    Instead, as we demand our public schools provide equality of condition rather than equality of opportunity, American society is becoming increasingly stratified. The horrifying results are played out in living color, daily. Much of the blame for this can be laid on the doorstep of the very institution that is promising equality to every child-our massive, bureaucratically bound, public education system.

    How can such a rash statement be supported? Well, consider for a moment what creates stratification in society.

    Stratification occurs when society grades people based on their social or economic position. In the free society America’s founders envisioned, the opportunity to succeed is a citizen’s birthright, and it is an opportunity not trumped by lowly familial or economic beginnings. In practical terms, 50 years ago, the son of a poor Cuban family gained access to education and, in the year 2002, is America’s Secretary of Housing and Urban Development. That’s a one-generation move straight to the top, with corresponding wage increases.

    But in the last 50 years, many things have changed to prevent that type of one-generation move for the same Cuban immigrant, and the monolith that is public education has not kept pace with this change. How could it?

    The American economy today is starkly different. To a large degree,
    productivity used to be measured in tonnage; wealth was created from material goods; information borders came close to matching geographical borders; employees were American citizens; and people lived and worked in more stable families and communities.

    Today information is capital and it crosses borders as quickly as
    electronic transmission allows. Wealth creation depends more and more upon mental invention and imagination. The fall of communist or military dictatorships has opened up new pools of potential employees all around the world willing to work for a fraction of American-based salaries. At the same time, family structure has eroded, as have most big American cities where millions of poor children live.

    Who does this economy leave behind? Those who do not possess excellent cognitive abilities are left in the dust-and in poverty. A person who does not know the fundamentals of subject matter and who cannot reason well, solve problems and communicate effectively is at a distinct disadvantage.

    This has always been the case, but in previous economic conditions, a
    decent wage could be earned performing manual labor in numerous ways and settings. Not only do fewer of those jobs exist, but the wage
    differentials are increasing quickly between those who are mentally
    prepared and those who are not. When we force millions of children to accept a low-quality education, we doom most of them to a life of
    frustration and poverty. This stratifying process is a sure-fire formula for large-scale social conflict, and we have it.

    The Democrat Leadership Council (DLC) made the following statement in a 1999 publication:

    Today, America is a tale of two public school systems: one that could
    certainly be better, and one that is by almost any standard a disaster. The one that is failing is found in impoverished communities. Test scores are absolutely abysmal-worse than almost any other developed country. Satisfied parents are almost non-existent.

    Even in the face of widespread failure to provide meaningful educational opportunities for the most vulnerable and needy among us, the grown-ups in charge of K-12 education keep fighting each other over their respective turf. In the process, some of our country’s best assets-high-quality teachers-are frustrated beyond measure. They, too, feel like victims.

    The same DLC publication included the following quote regarding the
    battle for public education’s future:

    We struggle with two competing definitions of public education. The
    first is that public education is a commitment to specific political
    bargains, programs, job rights, and bureaucratic oversight. The second is that public education is a commitment to use any means necessary to ensure that every child learns enough to be able to participate fully as a citizen, earner and parent.

    Several particular truths underpin any legitimate education reform
    endeavor. One is that the cost and quality of education will not improve as long as the majority of students and their families must depend on a single supply source. Today, the majority of students, their families and their teachers are now beholden to a public-financed monopoly that filters every key decision about how and where children will be educated and what they will learn-even down to what they will eat or not eat for lunch.

    To be sure, the vigorous battle that must be waged to restructure the
    definition and delivery of K-12 education is about improving literacy. But the end result is a good trade-off: the exchange of angry bands of citizens roving our communities with revengeful hunger in their eyes for roving bands of literate citizens working hard to get their piece of the American Dream.

    Until we trade our preoccupation with defending a “system” and its
    bricks and mortar for defending literacy for children whenever and
    however it is delivered, our very liberty is at stake.

    ”’Lynn Harsh is Evergreen Freedom Foundation’s Executive Director and senior education analyst.”’

    The above article is quoted from the September 2002 issue of Evergreen Freedom Foundation https://www.effwa.org/nl/09_02.php#2

    ”Evergreen (Today’s Quote)”

    – “The state is and ought to be nothing whatever but community force organized, not to be an instrument of oppression and mutual plunder among citizens, but, on the contrary, to guarantee to each his own, and to cause justice and security to reign.”

    – Frederic Bastiat

    ”’See Web site”’ https://www.grassrootinstitute.org ”’for further information. Join its efforts at “Nurturing the rights and responsibilities of the individual in a civil society. …” or email or call Grassroot of Hawaii Institute President Richard O. Rowland at mailto:grassroot@hawaii.rr.com or (808) 487-4959.”’

    Big Turn Out Expected at Small Business Conference-Business Owners Want to Hear Governor's Plan to Boost Business Climate, Economy

    0

    More than 350 people are expected to attend the Small Business Hawaii 27th Annual Conference today themed “Small Business 2003: Changing Hawaii’s Business Climate for a Better Future,” which is scheduled from 8 a.m. to 2 p.m. at the Ala Moana Hotel in Honolulu. Calls poured into the office over the last several days of Small Business Hawaii, a non-profit member organization that lobbies and is an advocate for business in Hawaii. Sam Slom, president of Small Business Hawaii, says many member business owners and managers plan to attend the conference to hear Gov. Linda Lingle’s keynote address where she will unveil her platform to help Hawaii’s businesses and better the economy. Lingle, a Republican, promised in her campaign that she will do everything in her power to make Hawaii’s business climate better and to rid the state of legislation that hinders and hurts business and prevents investments from outside Hawaii. Business owners and operators say they are thrilled with the change in attitude between the Lingle administration and that of the former governor, Benjamin Cayetano, who was hostile toward businesses and passed burdensome legislation. Hours before Lingle gives the keynote address at the noon lunch, the conference will open at 8 a.m. with a brief address from Slom, who in addition to being president of the organization is a Republican state Senator. Around 8:30 a.m., Honolulu City Prosecutor Peter Carlisle will talk about crimes against business and how to prosecute them. Audience members concerned about the rise in property crime will be able to hear from and ask questions of both Carlisle and Mary Paulson, president of Security One, one of Hawaii’s most successful alarm companies. Paulson will make her speech during the “Small Business Success Stories” portion of the conference. Two other small business owners, Bill Green of Kahala Shell and Wayne Samiere of Honolulu Fish Company, also will be a part of the success stories segment and share their challenges and triumphs as small business owners in Hawaii. Those interested in campaign reform will hear from one of Hawaii’s most controversial figures, Bob Watada, executive director of the Campaign Spending Commission. Watada, who has fined and investigated elected officials from both major political parties and has gone up against some of the most powerful people in the state in an effort to clean up a corrupt political system, will address the conferees on “What Campaign Reforms Are Needed in 2003.” Following him is a panel of state Legislators who will discuss legislation they will introduce or fight in the coming year and how that will affect the business community. On the panel are Senate Majority Leader Colleen Hanabusa, D-Waianae; Senate Minority Policy Leader Bob Hogue, R-Kailua; and House Minority Leader Galen Fox, R-Waikiki. After the state legislators conclude their panel, hosted by KHVH Morning Talk Show Host Rick Hamada, the city council members will have their turn at laying out their plans for 2003. Topics will include taxes, budget, priorities in the city administration, the Bus Rapid Transit System, the overflowing city landfill and ethics at City Hall. Small Business Hawaii President and Executive Director Sam Slom says the public is welcome to attend. The cost is $40 for SBH members and their guests, $50 for non-members and for those who pay at the door. Slom says because of tough economic times in Hawaii and the drain this has put on the non-profit member organization, for the first time in the annual conference’s history there are corporate sponsorships for the event. Gold Sponsors include Small Business Hawaii members Ed Medeiros of Aloha Flea Market and Heavy Metal Barbell Company, Gary Arizala and HawaiiReporter.com. The Systemcenter, Inc., owned by Joyce and Bill Edwards, the winners of the Small Business Hawaii Persons of the Year in 2001, and ALTRES Inc., owned by Barron Guss, will be the Silver Sponsors. Bronze Sponsors are J.S. Services Inc. and New England Financial. Friends of Small Business Hawaii, a fourth level of sponsorship, include the Copy Shop Inc., Oils of Aloha, Charley’s Taxi, Peterson Signs-A Division of Sun Industries and The Quorum. For additional information, check out the SBH Web site at https://www.smallbusinesshawaii.com

    Big Turn Out Expected at Small Business Conference-Business Owners Want to Hear Governor’s Plan to Boost Business Climate, Economy

    0

    More than 350 people are expected to attend the Small Business Hawaii 27th Annual Conference today themed “Small Business 2003: Changing Hawaii’s Business Climate for a Better Future,” which is scheduled from 8 a.m. to 2 p.m. at the Ala Moana Hotel in Honolulu. Calls poured into the office over the last several days of Small Business Hawaii, a non-profit member organization that lobbies and is an advocate for business in Hawaii. Sam Slom, president of Small Business Hawaii, says many member business owners and managers plan to attend the conference to hear Gov. Linda Lingle’s keynote address where she will unveil her platform to help Hawaii’s businesses and better the economy. Lingle, a Republican, promised in her campaign that she will do everything in her power to make Hawaii’s business climate better and to rid the state of legislation that hinders and hurts business and prevents investments from outside Hawaii. Business owners and operators say they are thrilled with the change in attitude between the Lingle administration and that of the former governor, Benjamin Cayetano, who was hostile toward businesses and passed burdensome legislation. Hours before Lingle gives the keynote address at the noon lunch, the conference will open at 8 a.m. with a brief address from Slom, who in addition to being president of the organization is a Republican state Senator. Around 8:30 a.m., Honolulu City Prosecutor Peter Carlisle will talk about crimes against business and how to prosecute them. Audience members concerned about the rise in property crime will be able to hear from and ask questions of both Carlisle and Mary Paulson, president of Security One, one of Hawaii’s most successful alarm companies. Paulson will make her speech during the “Small Business Success Stories” portion of the conference. Two other small business owners, Bill Green of Kahala Shell and Wayne Samiere of Honolulu Fish Company, also will be a part of the success stories segment and share their challenges and triumphs as small business owners in Hawaii. Those interested in campaign reform will hear from one of Hawaii’s most controversial figures, Bob Watada, executive director of the Campaign Spending Commission. Watada, who has fined and investigated elected officials from both major political parties and has gone up against some of the most powerful people in the state in an effort to clean up a corrupt political system, will address the conferees on “What Campaign Reforms Are Needed in 2003.” Following him is a panel of state Legislators who will discuss legislation they will introduce or fight in the coming year and how that will affect the business community. On the panel are Senate Majority Leader Colleen Hanabusa, D-Waianae; Senate Minority Policy Leader Bob Hogue, R-Kailua; and House Minority Leader Galen Fox, R-Waikiki. After the state legislators conclude their panel, hosted by KHVH Morning Talk Show Host Rick Hamada, the city council members will have their turn at laying out their plans for 2003. Topics will include taxes, budget, priorities in the city administration, the Bus Rapid Transit System, the overflowing city landfill and ethics at City Hall. Small Business Hawaii President and Executive Director Sam Slom says the public is welcome to attend. The cost is $40 for SBH members and their guests, $50 for non-members and for those who pay at the door. Slom says because of tough economic times in Hawaii and the drain this has put on the non-profit member organization, for the first time in the annual conference’s history there are corporate sponsorships for the event. Gold Sponsors include Small Business Hawaii members Ed Medeiros of Aloha Flea Market and Heavy Metal Barbell Company, Gary Arizala and HawaiiReporter.com. The Systemcenter, Inc., owned by Joyce and Bill Edwards, the winners of the Small Business Hawaii Persons of the Year in 2001, and ALTRES Inc., owned by Barron Guss, will be the Silver Sponsors. Bronze Sponsors are J.S. Services Inc. and New England Financial. Friends of Small Business Hawaii, a fourth level of sponsorship, include the Copy Shop Inc., Oils of Aloha, Charley’s Taxi, Peterson Signs-A Division of Sun Industries and The Quorum. For additional information, check out the SBH Web site at https://www.smallbusinesshawaii.com

    Grassroot Perspective – Jan. 8, 2003

    0

    Dick Rowland Image ‘Shoots (News, Views and Quotes)’ – The Second Amendment’s ratifiers supported the right to keep and bear arms because they believe, in essence, that gun rights support human rights. Firearm ownership, they believed, acted as individual’s insurance against despotic government. And although we are grateful for their foresight, we also owe a debt to older traditions from which they derived wise counsel. Similar views, for example, were reflected in the English legal tradition, the precursor to the American legal system. As far back as the rule of Alfred (871-899), the English common law presumed that an armed populace was desirable for ensuring security. So entrenched was this belief that the bearing of arms was made a citizen’s legal duty. However, as Englishmen sought greater political freedom, the monarchy came to feel threatened by an armed populace and sought to curtail private ownership of weapons. Both the Magna Carta (1215) and the English Declaration of Rights (1688) grew out of the struggle of armed Englishmen. This theme can be heard even in western antiquity. Cicero, for example, warned that replacing the private ownership of weapons with standing armies was contributing to the fall of the Roman Empire. Earlier still, Plato and Aristotle, despite their profound differences, shared the belief that an armed populace was essential for preventing the imposition of tyranny. For Human Rights Day to retain meaning, it should also embrace the tradition that has helped safeguard human rights — a tradition enshrined in the individual right protected by the Second Amendment. See That Every Man Be Armed: The Evolution of a Constitutional Right, by Stephen Halbrook (The Independent Institute) https://www.independent.org/tii/content/briefs/BriefTEMBA.html – “the countries of the Third World are poor because they do not know how to create wealth. Wealth is a pie that you produce, not a pie that you distribute. This needs to be said forcefully and clearly.” – Father Piro Gheddo, Translated by Fr. Robert A. Sirrio GRIH comment: Are you listening, Senators: Ron Menor, Roz Baker; Reps: Marilyn Lee, Dennis Arakaki, Hermina Morita, Dwight Takamine, Helene Hale? ‘Roots (Food for Thought)’ Education Reform By Lynn Harsh State-sponsored schooling is not a uniquely American invention. Historically, many countries and city-states have mandated and paid for the education of children (that is, unless they were girls or slaves). Usually, the parents of these children were called subjects, and the reason for state sponsorship was to educate citizens who would serve the interests of the state. Ancient Sparta is an excellent example. Our forbears endeavored to do something different in America since they believed the state existed to serve its citizens, not the other way around. The proper education of children was deemed indispensable for personal development and prosperity, which our Founders knew would translate into growth and security for our young nation. Early proponents of publicly run and financed education worried, irrationally as it turns out, that the numerous privately run education institutions would fail to provide access to children whose families were poor. They dreamed of bringing literacy to the masses and unfettered opportunity to children of low income or family standing. They envisioned an America full of citizens participating in a democratic way of life. A few unintended consequences have arisen from these noble ideals. It can be argued that our modern-day public education system is doing the opposite of what those early education activists envisioned-that it is, in fact, trapping millions of poor children in the jail of illiteracy. The deeply held desires of most educators today is unrealized: that children from every walk of life will not only have the opportunity to receive an excellent education, but that they will yearn to do so. Instead, as we demand our public schools provide equality of condition rather than equality of opportunity, American society is becoming increasingly stratified. The horrifying results are played out in living color, daily. Much of the blame for this can be laid on the doorstep of the very institution that is promising equality to every child-our massive, bureaucratically bound, public education system. How can such a rash statement be supported? Well, consider for a moment what creates stratification in society. Stratification occurs when society grades people based on their social or economic position. In the free society America’s founders envisioned, the opportunity to succeed is a citizen’s birthright, and it is an opportunity not trumped by lowly familial or economic beginnings. In practical terms, 50 years ago, the son of a poor Cuban family gained access to education and, in the year 2002, is America’s Secretary of Housing and Urban Development. That’s a one-generation move straight to the top, with corresponding wage increases. But in the last 50 years, many things have changed to prevent that type of one-generation move for the same Cuban immigrant, and the monolith that is public education has not kept pace with this change. How could it? The American economy today is starkly different. To a large degree, productivity used to be measured in tonnage; wealth was created from material goods; information borders came close to matching geographical borders; employees were American citizens; and people lived and worked in more stable families and communities. Today information is capital and it crosses borders as quickly as electronic transmission allows. Wealth creation depends more and more upon mental invention and imagination. The fall of communist or military dictatorships has opened up new pools of potential employees all around the world willing to work for a fraction of American-based salaries. At the same time, family structure has eroded, as have most big American cities where millions of poor children live. Who does this economy leave behind? Those who do not possess excellent cognitive abilities are left in the dust-and in poverty. A person who does not know the fundamentals of subject matter and who cannot reason well, solve problems and communicate effectively is at a distinct disadvantage. This has always been the case, but in previous economic conditions, a decent wage could be earned performing manual labor in numerous ways and settings. Not only do fewer of those jobs exist, but the wage differentials are increasing quickly between those who are mentally prepared and those who are not. When we force millions of children to accept a low-quality education, we doom most of them to a life of frustration and poverty. This stratifying process is a sure-fire formula for large-scale social conflict, and we have it. The Democrat Leadership Council (DLC) made the following statement in a 1999 publication: Today, America is a tale of two public school systems: one that could certainly be better, and one that is by almost any standard a disaster. The one that is failing is found in impoverished communities. Test scores are absolutely abysmal-worse than almost any other developed country. Satisfied parents are almost non-existent. Even in the face of widespread failure to provide meaningful educational opportunities for the most vulnerable and needy among us, the grown-ups in charge of K-12 education keep fighting each other over their respective turf. In the process, some of our country’s best assets-high-quality teachers-are frustrated beyond measure. They, too, feel like victims. The same DLC publication included the following quote regarding the battle for public education’s future: We struggle with two competing definitions of public education. The first is that public education is a commitment to specific political bargains, programs, job rights, and bureaucratic oversight. The second is that public education is a commitment to use any means necessary to ensure that every child learns enough to be able to participate fully as a citizen, earner and parent. Several particular truths underpin any legitimate education reform endeavor. One is that the cost and quality of education will not improve as long as the majority of students and their families must depend on a single supply source. Today, the majority of students, their families and their teachers are now beholden to a public-financed monopoly that filters every key decision about how and where children will be educated and what they will learn-even down to what they will eat or not eat for lunch. To be sure, the vigorous battle that must be waged to restructure the definition and delivery of K-12 education is about improving literacy. But the end result is a good trade-off: the exchange of angry bands of citizens roving our communities with revengeful hunger in their eyes for roving bands of literate citizens working hard to get their piece of the American Dream. Until we trade our preoccupation with defending a “system” and its bricks and mortar for defending literacy for children whenever and however it is delivered, our very liberty is at stake. ”Lynn Harsh is Evergreen Freedom Foundation’s Executive Director and senior education analyst.” The above article is quoted from the September 2002 issue of Evergreen Freedom Foundation https://www.effwa.org/nl/09_02.php#2 ‘Evergreen (Today’s Quote)’ – “The state is and ought to be nothing whatever but community force organized, not to be an instrument of oppression and mutual plunder among citizens, but, on the contrary, to guarantee to each his own, and to cause justice and security to reign.” – Frederic Bastiat ”See Web site” https://www.grassrootinstitute.org ”for further information. Join its efforts at “Nurturing the rights and responsibilities of the individual in a civil society. …” or email or call Grassroot of Hawaii Institute President Richard O. Rowland at mailto:grassroot@hawaii.rr.com or (808) 487-4959.”

    From Computer Skills to Sales Confidence

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    “Suzanne Gelb Image”

    ”Frustration — How Can I Make Friends With My PC?”

    Q: Dear Dr. Gelb:

    I do a lot of work on my computer and sometimes things get all mixed up and the computer doesn’t behave the way I want it to, and I start clicking on this and clicking on that and it seems to just get worse. I get so angry that sometimes I just wanna throw this high-tech gadget in the ocean. Help.

    Throw It Away

    A: Dr. Gelb says . . .

    Dear Throw It Away:

    I can certainly understand the anger and frustration that you describe. However, for many people such frustration tends to be caused by the guilt they experience for being ignorant. Here’s a clue that has worked for me — many of us know very little about much of the high-tech equipment on the market nowadays, all we know is that we enjoy it when it works. In that respect, consider connecting with a reliable computer technician. Whatever it costs is likely to be well worth it. In fact, oftentimes, a knowledgeable technician may even be able to remedy the problem on the phone.

    ”Selling Myself Short — Why Do I Do That?”

    Q: Dear Dr. Gelb:

    I believe that I have a good product, but when it comes to promoting it, I feel shy and I actually question whether or not my product is as good as I think it is, so I tend to minimize its value. I think I’m missing a lot of sales because of my insecurity.

    Selling Myself Short

    A: Dr. Gelb says . . .

    Dear Selling Yourself Short:

    Many people tend to shoot themselves in the foot because of silly basic attitudes, which deny them feelings of pride and self-worth. Some of the thought patterns, which may be motivating such self-sabotage could be as follows:

    *Who do I think I am? Just a smart Aleck

    *Who told you that your service was worth anything?

    *You are just trying to build a better mousetrap, smart Aleck

    *Nobody’s going to believe you anyway, so why mention it.

    I imagine that by now you get the message. So if I were in your shoes, I’d try to reach down in my boots and find a little self-pride and self-worth and be willing to crow about my achievements. Do not be afraid to accentuate the positive aspects of your product and your service.

    ”’Suzanne J. Gelb, Ph.D., J.D. authors this daily column, Dr. Gelb Says, which answers questions about daily living and behavior issues. Dr. Gelb is a licensed psychologist in private practice in Honolulu. She holds a Ph.D. in Psychology and a Ph.D. in Human Services. Dr. Gelb is also a published author of a book on Overcoming Addictions and a book on Relationships.”’

    ”’This column is intended for entertainment use only and is not intended for the purpose of psychological diagnosis, treatment or personalized advice. For more about the column’s purpose, see”’ “An Online Intro to Dr. Gelb Says”

    ”’Email your questions to mailto:DrGelbSays@hawaiireporter.com More information on Dr. Gelb’s services and related resources available at”’ https://www.DrGelbSays.com

    From Computer Skills to Sales Confidence

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    Suzanne Gelb Image ‘Frustration — How Can I Make Friends With My PC?’ Q: Dear Dr. Gelb: I do a lot of work on my computer and sometimes things get all mixed up and the computer doesn’t behave the way I want it to, and I start clicking on this and clicking on that and it seems to just get worse. I get so angry that sometimes I just wanna throw this high-tech gadget in the ocean. Help. Throw It Away A: Dr. Gelb says . . . Dear Throw It Away: I can certainly understand the anger and frustration that you describe. However, for many people such frustration tends to be caused by the guilt they experience for being ignorant. Here’s a clue that has worked for me — many of us know very little about much of the high-tech equipment on the market nowadays, all we know is that we enjoy it when it works. In that respect, consider connecting with a reliable computer technician. Whatever it costs is likely to be well worth it. In fact, oftentimes, a knowledgeable technician may even be able to remedy the problem on the phone. ‘Selling Myself Short — Why Do I Do That?’ Q: Dear Dr. Gelb: I believe that I have a good product, but when it comes to promoting it, I feel shy and I actually question whether or not my product is as good as I think it is, so I tend to minimize its value. I think I’m missing a lot of sales because of my insecurity. Selling Myself Short A: Dr. Gelb says . . . Dear Selling Yourself Short: Many people tend to shoot themselves in the foot because of silly basic attitudes, which deny them feelings of pride and self-worth. Some of the thought patterns, which may be motivating such self-sabotage could be as follows: *Who do I think I am? Just a smart Aleck *Who told you that your service was worth anything? *You are just trying to build a better mousetrap, smart Aleck *Nobody’s going to believe you anyway, so why mention it. I imagine that by now you get the message. So if I were in your shoes, I’d try to reach down in my boots and find a little self-pride and self-worth and be willing to crow about my achievements. Do not be afraid to accentuate the positive aspects of your product and your service. ”Suzanne J. Gelb, Ph.D., J.D. authors this daily column, Dr. Gelb Says, which answers questions about daily living and behavior issues. Dr. Gelb is a licensed psychologist in private practice in Honolulu. She holds a Ph.D. in Psychology and a Ph.D. in Human Services. Dr. Gelb is also a published author of a book on Overcoming Addictions and a book on Relationships.” ”This column is intended for entertainment use only and is not intended for the purpose of psychological diagnosis, treatment or personalized advice. For more about the column’s purpose, see” “An Online Intro to Dr. Gelb Says” ”Email your questions to mailto:DrGelbSays@hawaiireporter.com More information on Dr. Gelb’s services and related resources available at” https://www.DrGelbSays.com

    Legislative Hearing Notices – Jan. 8, 2003

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    The following hearing notices, which are subject to change, were sorted and taken from the Hawaii State Capitol Web site.
    Please check that site for updates and/or changes to the schedule at
    https://www.capitol.hawaii.gov/site1/docs/hearing/hearing2.asp?press1=docs&button1=current Go there and click on the Hearing Date to view the Hearing Notice.

    Hearings notices for both House and Senate measures in all committees:

    Hearing

    ”Date Time Bill Number Measure Title Committee”

    1/7/03 1:30 PM None Informational Briefing ECD-SAT

    1/7/03 2:00 PM None Informational Briefing HED

    1/8/03 9:00 AM None Informational Briefing Summary FIN

    1/8/03 9:00 AM None Informational Briefing TMG

    1/8/03 9:00 AM None Informational Briefing Summary WAM

    1/8/03 9:00 AM None Informational Briefing WAM-FIN

    1/9/03 10:00 AM None Informational Briefing HMS HSH

    1/9/03 1:30 PM None Informational Briefing SAT-ECD

    1/9/03 2:00 PM None Informational Briefing HED

    1/10/03 9:00 AM None Informational Briefing HSH

    1/13/03 9:00 AM None Informational Briefing Summary FIN

    1/13/03 9:00 AM None Informational Briefing Summary WAM

    1/13/03 9:00 AM None Informational Briefing WAM FIN

    1/13/03 1:30 PM None Informational Briefing ECD SAT

    1/14/03 9:00 AM None Informational Briefing WAM

    1/14/03 9:00 AM None Informational Briefing Summary WAM

    1/14/03 1:30 PM None Informational Briefing Summary FIN

    1/14/03 1:30 PM None Informational Briefing TSM

    1/16/03 8:30 AM None Informational Briefing Summary FIN

    1/16/03 8:30 AM None Informational Briefing Summary WAM

    1/16/03 8:30 AM None Informational Briefing WAM/FIN

    1/17/03 8:30 AM None Informational Briefing Summary FIN

    1/17/03 8:30 AM None Informational Briefing Summary WAM

    1/17/03 8:30 AM None Informational Briefing WAM/FIN

    1/17/03 3:00 PM None Informational Briefing EDU-HED

    1/20/03 9:00 AM None Informational Briefing Summary FIN

    1/21/03 1:15 PM None Informational Briefing TSM

    1/21/03 1:30 PM None Informational Briefing Summary FIN

    1/21/03 3:00 PM None Informational Briefing WAM

    1/21/03 3:00 PM None Informational Briefing Summary WAM

    1/22/03 1:30 PM None Informational Briefing Summary FIN

    1/22/03 1:30 PM None Informational Briefing Summary WAM

    1/22/03 1:30 PM None Informational Briefing WAM/TMG

    1/23/03 8:30 AM None Informational Briefing WAM

    1/23/03 8:30 AM None Informational Briefing Summary WAM

    1/23/03 1:00 PM None Informational Briefing Summary FIN

    1/23/03 1:15 PM None Informational Briefing TSM

    1/24/03 8:30 AM None Informational Briefing WAM

    1/24/03 8:30 AM None Informational Briefing Summary WAM

    1/24/03 1:00 PM None Informational Briefing Summary FIN

    1/27/03 8:30 AM None Informational Briefing Summary WAM

    1/27/03 8:30 AM None Informational Briefing WAM/EDU

    1/27/03 1:00 PM None Informational Briefing Summary FIN

    1/28/03 8:30 AM None Informational Briefing WAM

    1/28/03 8:30 AM None Informational Briefing Summary WAM

    1/28/03 1:00 PM None Informational Briefing Summary FIN

    1/28/03 1:15 PM None Informational Briefing TSM

    1/29/03 8:30 AM None Informational Briefing WAM

    1/29/03 8:30 AM None Informational Briefing Summary WAM

    1/30/03 8:30 AM None Informational Briefing WAM

    1/30/03 8:30 AM None Informational Briefing Summary WAM