Friday, January 23, 2009

Peter Schiff is Insane

Peter Schiff gets a lot of credit these days for going on television and predicting the banking collapse of the current recession, even though some other economists missed it. Through his television appearances, Schiff earned the nickname "Dr. Doom" because of his dire predictions.

So, is Schiff the brilliant prognosticator of the future? Not necessarily. Lots of other people saw the current economic crisis coming, especially the housing bubble, they just lacked the desire or the personality to go on television. Yes, some of Schiff's predictions came true, but even a broken clock is right twice a day.

Before you sell all your belongings and follow Schiff, there are a few things you might want to consider:

He's one tin-foil hat away from being a full blown survivalist, yet he graduated from Berkley. Like Stan Lee says "nuff said".

His father is currently in prison for income tax evasion, not because he's a crook, but because he's a tax protester.

Many of Sciff's investment clients took a beating in 2008. It turns out, hiding your money in Singapore wasn't such a good idea after all.

Sciff follows the Austrian school of economics, or as I like to call it, the "Mad Max" school of economics, whose main tenets are that human beings are too evil and too stupid to ever govern effectively, so the only solution is the thunderdome of absolute laissez-faire.

"Dr. Doom" is a financial adviser for "Dr No." Schiff works for Ron Paul. Birds of a feather flock together, especially when they're both radical libertarians who want to bring down the government.

He was wrong about the dollar and wrong about gold and on his radio show Jan 14, 2009, he said Americans should stock up on guns and ammunition to fight off the wandering hordes of the coming apocalypse. That's just great radio...If you're Art Bell!

Schiff was right that Americans didn't save enough and spent too much on consumer crap made in Asia. Duh! You didn't have to go to Berkley to know that. This has been a known criticism of the American economy far and wide for forty years.

A bear market doesn't make survivalists suddenly brilliant and "right" any more than a bull market means you should invest in rose-colored glasses. A little faith in each other tempered with some common sense will carry you pretty far in this old world. In the mean time, try and avoid the people trying to grab your attention at either end of the pendulum. They're not necessarily all that bright or right.

Wednesday, January 21, 2009

How Strong is your Artistic Vision

The strength of any artistic endeavor is related directly to the strength and clarity of its vision. Art is an act of communication and the success of that communication depends almost entirely on the clarity and purpose of the message.

For many, there is no purpose. They simply like to paint or sing or act and that becomes the message. You can't expect the world to care if you like doing something. The message has to be something they care about too.

If your message is about something other people care about, and you can express it clearly enough, then you will find your audience and you will be successful, otherwise, be grateful for the friends and family who come to see your work because that's all you'll ever have.

The best example I can think of to illustrate this principal is Ballet Magnificat, right here in Jackson Mississippi. Most people would never think to try and send an evangelical christian message using classical dance. There's almost nothing in the cannon of ballet that carries a christian message, yet that was the goal when Keith and Kathy Thibodeaux started their company in 1986.

Thibodeaux found her success, not among the community of dance lovers, but from the evangelical movement. "Traditional" ballets tended to look down their nose at Ballet Magnificat, but their companies dwindled and died while Thibodeaux's company thrived.

Andrew Wyeth, who died recently was one of America's most successful painters. His message was not cultural or religious, but entirely aesthetic. He had something to say about texture, emotion and color and his work conveyed that message clearly enough and strongly enough to drown out his many critics in the art world.

Wyeth found his greatest success in a time when his work had the least in common with the prevailing trends in painting. He succeeded because successful art has nothing to do with trends or movements in the field. It has to do with how it impacts those outside of the art world, and that's where he found his audience.

If you're an artist hoping for success beyond pleasing yourself, then you have to ask, "what is my message?" and "who wants to hear it?" Once you've discovered these answers, then put your energy in making your message as strong and as clear as you can and more than likely, you will find your audience and find success.

Image Information:

"Late Fall" by Andrew Wyeth; source: http://en.wikipedia.org/wiki/Andrew_Wyeth

"Deliver Us" Source: http://www.balletmagnificat.com


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