(1) Actually I was a little desolate when I posted this report.
desolate (adj): "devoid of warmth, comfort, or hope : GLOOMY <desolate memories>"
www.merriam-webster.com/dictionary/desolate
(2) When I came to US at age 27, my thinking was like most Taiwanese, that all officials and the rich must abuse power somehow (though oddly, Taiwanese believe high-ranking officials are clean law-abiding and that only those (officials) e are in daily contact are corrupt (in part because the censored media sang praise of the high).
(3) I retained this outlook when William Kennedy Smith was on trial in 1991 in Florida state court for rape, repeating "A good Kennedy is a dead Kennedy." My friend (a young white man) in Chicago--I had moved to Boston but returned for a visit and watched some trial proceedings there--disagreed.
(4) However, I gradually discovered Americans were not like Taiwanese at all. George W Bush invested half a million to obtain a 2% interest when the consortium he led bought Texas Ranger baseball franchise from Eddie Chiles (who and most members in his consortium were family friends) in 1989; he sold the same stake in 1998 and "receives $14.9 million for investment."
Tom Farrey, A Series of Beneficial Moves. ESPN, Nov 1, 2006.
static.espn.go.com/mlb/bush/timeline.html
(5) Independently I have observed the descendants of the rich and powerful can be intelligent and highly educated, thus capable of making money on their merits.
(6) How to balance the good genes and good upbringing on one hand, and cronyism on the other, is most difficult, I will admit--because there is no independent force such as markets to set price. |