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Think about your life story, all the stuff you did you are proud of, and all the stuff you did you are ashamed of. If you could imagine allowing everyone in to read about it all, then maybe you can begin to appreciate what it took to write this book. Remember he published this before his death.
If you loved the man, you should read this book to know the false front he put on, and the dark face he now reveals.
God bless you, John.
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The photos are more plentiful here and the personalities come alive in their wicked glory. There are no footnotes, and few quote attributions - which can lead to credibility issues. What was her motivation? What did she know and when did she know it? Why wait so late? There is one cool -and it's even attributed- quote, which, unfortunately, Azon's "editors" will not let me quote here in its entirety. It goes something like this: Senator Peter G. Fitzerald to Kenny-Boy (Pres. G.W.'s pet name for him) Lay: You're perhaps the most accomplished confidence man since Charles Ponzi. I'd say you were a carnival barker, but that wouldn't be fair to carnival barkers.
Reviewed by TundraVision
In POWER FAILURE, the entire history of Enron is explored, from its inception in 1985 to its demise in 2001. Written by Mimi Swartz with assistance from whistle-blower Sherron Watkins, this book will take the reader on a journey that includes Enron's earliest successes and failures, the super-charged management conferences, the politically incorrect Enron trading floors and the Senate Hearing Room's investigation and subsequent trial.
But POWER FAILURE is much more than just an expose on a corrupt corporation. It also provides a frightening view on what the big-business atmosphere has become. The story of Enron shows how delicate the balance of politics, money and business practices is, and how thin the line between legal and illegal can be.
Swartz and Watkins effectively tell the story of Enron without a hint of tabloid exploitation. And with all the exploitations that occurred within Enron, that's nothing short of a miracle. They give an accurate, honest perspective on all of the events that took place in the history of the corporation and portray the characters of Enron without bias. That's not to say that there's no negative statements made about people throughout the book --- just that they're given in a diplomatic manner. The book is written in an informative yet entertaining manner, complete with entertaining sidebars and humorous anecdotes to keep the reader's attention. And they have included plenty of pictures to point out just who the evildoers are. This is a must read for business people, tax evaders, anyone who plans to cheat the system, or the average Joe who wants to know what really happened at Enron.
--- Reviewed by Melissa Brown
I'm just finished 'Power Failure' the inside story of Enron's failure. The book is by Mimi Swartz and Sherron Watkins of Enron fame. It is a very well written and entertaining: I was pleasantly surprised. Sherron was a key part in the rise and later fall of 'Enron'.
Sherron actually ran some of the 'Off-Balance-Sheet' for Andy Fastnow. The book brought up lots pertinent history of 'Corporate America's' use of 'Off-Balance-Sheet' stuff and other revenue recognition policies and how the accounting firms aided and abetted. The book gave rise to one important question, how was it able to happen: it's evident that there is more fraud to be discovered.
It's my opinion that this book will be included in the other now famous period pieces like: 'Where are the Customers' Yachts?' By Fred Schwed, 'The Great Crash' by John Kenneth Galbraith and
'Reminiscences of a Stock Operator' by Edwin Lefevre
What happened at Enron reminds me of a 'Tom Clancy 'book, lots of movement and bad people.
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The theme of how a repressed society reacts to hysteria is perused in this drama. My personal belief is that people who entrust their lives to unproven dogma find themselves trapped in a form of repression. This includes the conservative outlook posted by the former reviewer of this book.
Lies, hypocrisy, and lust are themes that teenagers begin to encounter in high school. To refuse them the liberty to have complete access to literature is to lock down the developing, free and independent thinking mind. Thus, the banning and removal of books deemed "inappropiate" by biased standards results in the formation of a repressed society much like the Puritans in the early 1600's.
Ignorance may be bliss for you, but don't punish others because of your biased, uproven religious dogma. Our society will succeed if the next generation is given a chance to use their BRAINS. Our society will fail if the conservative coalition destroys independent thinking.
Conformism is your enemy.
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I keep reading the series because I enjoy variations on the legend and Whyte may have created something more historically "accurate" than any of the other authors but I don't recommend The Saxon Shore to anyone other than Arthur junkies. Certainly reviews here that claim this is five star literature are overblown.
I have bought and read all six of Jack Whyte's Camulod Chronicles: The Skystone; The Singing Sword; Eagle's Brood; The Saxon Shore; Fort at River's Bend and The Sorcerer. It is a great series, and I enjoyed each one of them.
It is to be expected that Whyte departs from the (rather sketchy) history Aavailable of the period, in a fiction series. And yet he has done his research, obviously, which is important to me in historical novels.
There have been several very good books written about the pre-Arthurian period in England, many of which I've read. Jack Whyte's worked ranks right at the top, with me. I am familiar with what history is available, having read much of the period, and his research effort is obvious.
He begins with a couple of Roman legionaires as his protagonists, before the Legions pulled out of England: Publius Varrus and Caius Brittanicus. The series then follows their lives and their family's lives through a series of gripping adventures, as they strive to maintain order and peace on the colony they have created in the South of England.
Publius Varrus, a blacksmith, creates a great and beautiful sword from a meteorite before he dies, which he names Excalibur, King Arthur's famous blade. Of course, eventually the series chronicles the lives of Merlyn (Merlin) and Arthur.
I was caught up in the story, and I strongly recommend it. It is entertaining and a delightful way to learn a bit of history. Buy them, you won't be sorry.
Joseph Pierre,
author of THE ROAD TO DAMASCUS: Our Journey Through Eternity
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Yet will L&V prove persuasive about causation? Doubters will raise four particular problems.
First, IQ and the Wealth of Nations is published by an American mail order house which charges £70 for the book. Terrorized by the politically correct, mainstream Western 'publishers' have for ten years been entirely unwilling to bring out books that touch on race - whether by Arthur Jensen, Phil Rushton or myself. Recently, it turned out that top psychologist Steven Pinker (Massachusetts Institute of Technology), who had converted to hereditarianism after hearing from friends how a second child was often very different from a first, felt he had to remove a chapter about race from the final draft of his new pro-heredity book, The Blank Slate. L&V are not alone in finding themselves up against the Zeitgeist, and the reception of their book has not so far been auspicious. L&V's reply will have to be that such repression indicates that the liberal-left consensus (which in 1950 persuaded the United Nations to declare all races to be of equal intelligence) is a hysteria that must one day lift.
Secondly, some will doubtless try to quibble with the IQ estimates that are the central novelty of IQ and the Wealth of Nations. L&V typically present some three 'normative' IQ studies for each of the countries they discuss; they do not provide details of social sampling; and they estimate IQ's for some nations by taking the average of the IQs in neighbouring countries - e.g. crediting Afghanistan with IQ 83 as an average of India's 81 and Iran's 84. Surprisingly, L&V maintain that the mean IQ in Israel is only 94 - ignoring the possibility that Sephardic Jews, like other Africans, may have special deficits in the visuo-spatial abilities that are needed to do well on 'culture-fair' intelligence tests like the famous Raven's Matrices. None of this is ideal. However, L&V have a very strong reply from both the general consistency of their IQ estimates and the sheer strength of IQ's correlations with national productivity. If workers had seriously confounded their assessments of national IQ, L&V would simply have had to present the usual miserably low correlations of around .25 that obtain throughout psychology and the social sciences. As it is, L&V have plainly struck gold.
Thirdly, there is the question of cause and effect. Can L&V convince us that IQ actually causes national wealth, rather than vice versa? The literature on the causal importance of IQ is only partially covered here, and L&V settle rather easily for the view that IQ and wealth will both tend to cause each other. This concession will weaken their case in the eyes of those who already deplore the idea that IQ is causal. L&V would have done better to point to the exceedingly slight IQ advantages accruing to Black children in the USA even when their fathers are seriously rich, and to the failure of the American Black-White gap in intelligence to decrease despite many billions of American dollars being thrown at the problem for the past forty years. Even a century of national impoverishment does not lower IQ -- as shown by the cases of mainland China, Poland and Russia in L&V's own data. By contrast, IQ correlates .50 with individual upward social mobility, relative to the position of the testee's father (Touhey, 1972). The simple truth is that a normal national IQ is necessary though not sufficient for prosperity; and that a low IQ holds whole countries back even if individuals can compensate for dullness by good looks or hard work. Neglecting such points, as also the full range of arguments that race differences are of substantially genetic origin ... L&V will have partly themselves to blame if their book is set aside.
Lastly, L&V show remarkable modesty about the implications of their findings. This may have been intended as placatory; but it, too, will win them few friends. Rather than stress the need for eugenics in Africa, L&V conclude their book with two bizarrely half-hearted recommendations. The first is that the West should recognize continuing IQ differences and thus continue pumping subsidies into Africa as a matter of "ethical obligation." The second is that some fraction of this conscience money should be spent not on eugenics but on "improvements in nutrition and the like." No change there, then, for this is what the West has been doing ever since it abandoned the responsible idea of empire! It is remarkable that L&V should have troubled to write a 'controversial' book which cannot be published by a mainstream publisher only to come to such feeble practical recommendations. L&V have provided a way of forgetting their book which social-environmentalist ideologues will be desperately eager to take.
Yet will Lynn and Vanhanen (L&V) prove persuasive about causation? Doubters will raise four particular problems.
First, 'IQ and the Wealth of Nations' is published by an American mail order house which charges £70 for the book. Terrorized by the politically correct, mainstream Western 'publishers' have for ten years been entirely unwilling to bring out books that touch on race - whether by Arthur Jensen, Phil Rushton or myself. Recently, it turned out that top psychologist Steven Pinker (Massachusetts Institute of Technology), who had converted to hereditarianism after the birth of his second child, felt he had to remove a chapter about race from the final draft of his new pro-heredity book, 'The Blank Slate'. L&V are not alone in finding themselves up against the Zeitgeist, and the reception of their book has not so far been auspicious. L&V's reply will have to be that such repression indicates that the liberal-left consensus (which in 1950 persuaded the United Nations to declare all races to be of equal intelligence) is a hysteria that must one day lift.
Secondly, some will doubtless try to quibble with the IQ estimates that are the central novelty of 'IQ and the Wealth of Nations.' L&V typically present some three 'normative' IQ studies for each of the countries they discuss; they do not provide details of social sampling; and they estimate IQ's for some nations by taking the average of the IQs in neighbouring countries - e.g. crediting Afghanistan with IQ 83 as an average of India's 81 and Iran's 84. Surprisingly, L&V maintain that the mean IQ in Israel is only 94 - ignoring the possibility that Sephardic Jews, like other Africans, may have special deficits in the visuo-spatial abilities that are needed to do well on 'culture-fair' intelligence tests like the famous Raven's Matrices. None of this is ideal. However, L&V have a very strong reply from both the general consistency of their IQ estimates and the sheer strength of IQ's correlations with national productivity. If workers had seriously confounded their assessments of national IQ, L&V would simply have had to present the usual miserably low correlations of around .25 that obtain throughout psychology and the social sciences. As it is, L&V have plainly struck gold.
Thirdly, there is the question of cause and effect. Can L&V convince us that IQ actually causes national wealth, rather than vice versa? The literature on the causal importance of IQ is only partially covered here, and L&V settle rather easily for the view that IQ and wealth will both tend to cause each other. This concession will weaken their case in the eyes of those who already deplore the idea that IQ is causal. L&V would have done better to point to the exceedingly slight IQ advantages accruing to Black children in the USA even when their fathers are seriously rich, and to the failure of the American Black-White gap in intelligence to decrease despite many billions of American dollars being thrown at the problem for the past forty years. Even a century of national impoverishment does not lower IQ -- as shown by the cases of mainland China, Poland and Russia in L&V's own data. By contrast, IQ correlates .50 with individual upward social mobility, relative to the position of the testee's father. The simple truth is that a normal national IQ is necessary though not sufficient for prosperity; and that a low IQ holds whole countries back even if individuals can compensate for dullness by good looks or hard work. Neglecting such points, as also the full range of arguments that race differences are of substantially genetic origin, L&V will have partly themselves to blame if their book is set aside.
Lastly, L&V show remarkable modesty about the implications of their findings. This may have been intended as placatory; but it, too, will win them few friends. Rather than stress the need for eugenics in Africa, L&V conclude their book with two bizarrely half-hearted recommendations. The first is that the West should recognize continuing IQ differences and thus continue pumping subsidies into Africa as a matter of "ethical obligation." The second is that some fraction of this conscience money should be spent not on eugenics but on "improvements in nutrition and the like." No change there, then, for this is what the West has been doing ever since it abandoned the responsible idea of empire! It is remarkable that L&V should have troubled to write a 'controversial' book which cannot be published by a mainstream publisher only to come to such feeble practical recommendations. L&V have provided a way of forgetting their book which social-environmentalist ideologues will be desperately eager to take.
What causes the great differences in wealth and poverty between the world's nations. I personally have wondered many of these questions over the years, as I am sure many others, of the wealth and poverty of nations. That's why Professor Lynn and Professor Vanhanen book seems to be a bolt of lightning out of the blue on the issue of Wealth of Poverty of Nations. Book is pricey but definitely worth the cost.
The Wealth of Nations can be assessed on three areas:
1.Natural Resources. Land, Oil, Diamond, Agriculture, Fishing, etc.
2.Planned versus Market Economies. Planned, controlled economies have brought poverty to North Korea, Russia, Eastern Europe, Cuba, China. Professor Lynn compares North to South Korea where income in south is 15 times higher than the north. In fact, there is now famine in North Korea.
3.National IQ of population.
IQ and Wealth of Nations dwells on the third component between National IQ and Economic Development. The author's ideas are original and are to be commended for a doing a full academic study.
The UK IQ of 100 is used as standard measure. The lowest measured is in Guinea (IQ, 59), Nigeria (IQ, 67) and highest in Japan (IQ, 105) and Hong Kong (IQ, 107).
Of note, readers will find IQ interesting if not debatable such as India (IQ, 81) Iraq (IQ, 87) Mexico (IQ, 87) US (IQ, 98) and Israel (IQ, 94). You would think India with so many engineers would have a higher IQ.
The highest average IQs are of the East Asian nations of North East Asia (IQ, 104), European nations (IQ, 98), and white populations of North America and Australasia (IQ, 98), South and Southwest Asia from the Middle East through Turkey to India and Malaysia (IQ, 87), South East Asia and the Pacific Islands (IQ, 86), Latin America and the Caribbean (IQ, 85), and Africa (IQ, 70).
Many readers of the 1994 The Bell Curve will be interested in the authors' finding of IQ of 70 for the native African population in Africa. The African-American IQ is usually 85 in U.S., Jamaica (IQ, 72). The Africans in U.S. have a higher IQ of 85 compared to Africa of 70. This will be of note to historians.
Of concern to American reader are the IQ of it's neighboring countries. Canada (97), Mexico (87), Cuba (85), Jamaica (72), Haiti (72) in the news Russia (96) Afghanistan (83). The numbers may be incorrect but nonetheless are worthy areas of debate and data for additional research.
Of China (100) and India (81), two nations in the billion people range affecting the future of the world. China (IQ, 100) compared with U.S.A. (98). China has five times as many people as U.S. The IQ of 100 may be depressed because of poverty. If it is 107 like the Chinese in Hong Kong, China seems to be a nation destined to rule the 21st. century. China has ten times more people than Japan (IQ, 105).
The IQ on China seems to be of world-historical, world-economic importance if they have such a high IQ. Sitting here in Austin, Texas, this bit of information makes me think. Not will they provide cheap labor, they will also provide the brains for the world.
The author posits an IQ of 90 is needed for a technology-based society. Only 20% of the world population have IQ above 90. Africa (IQ, 70) and India (IQ, 81), Latin America (IQ, 85) raises the impossibility of technical development there. This is depressing news. People who work in aiding the Third World really needs to look at these IQ numbers. If the IQ of 70 is correct for Africa, there going to be endless poverty.
Having read the book twice, this book really raises unsettling questions about he future of the world. Professor Lynn is expert on IQ with 20 years of scholarly research behind him. Both are not cranks nor pseudo-scientist. Both are professor-academics laying out an academic argument.
This maybe the book of the decade if not century. It raises unsettling, alarming, incredible, amazing, tough questions. Has the "missing element" in economic development been IQ after all. Will China (IQ, 100 or 107) dominate the world. Is IQ of Africa 70. Is the world average IQ equal to 90 and only 20% of the world's population above 100. Are nations doomed to poverty because of their IQ. More research and studies to confirm or deny the IQ and theories in this book is needed.
This book is a must buy, must read and must book for talk and analysis. Granted this is the first scholarly analysis of IQ and world development. Presumably more books and articles will follow and the IQ of individual nations will be researched and debated.
I urge all readers to buy book and read it for themselves. It will keep you thinking for a long, long time as it did for me. If the IQ numbers correlate with economic development, this maybe the book of the decade. Period.
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Our first impression of Mr. Ledeen was that he was way out there. He has very strong opinions of how the world works. He loves Ronald Reagan and Margaret Thatcher for instance. LOVES them. But after reading the book through, and then reading the original Machiavelli's "the prince," we determined that Michael Ledeen knew exactly what he was talking about!
We also decided to learn more about Michael Ledeen, so we went online. We went to a web site about him and learned that the man has a double Phd in Philosophy and history respectively. We found his e-mail address and send him a note, expressing our enjoyment of his book. He promptly replied BACK to us and explained his views on the George W. Bush presidency.
This book is fun, interesting, true to Machilavelli completely, and Mr. Ledeen makes a good comparison of the modern time with the time in which Machiavelli lived.
Looking back over my own life, I found many classic Machiavellian examples, especially of the "bad" prince, in that terrible Communist world I left behind in 1978. Machiavelli tells us that, because men are more disposed toward evil than toward good, the supreme leaders are bloody minded; that is exactly how Nikita Khrushchev, one of my "supreme bosses" from my other life, looked to me, both when he was sober and when he was drunk. The Machiavellian man uses change and flexibility to stay on top, but the Soviet bloc leaders I knew were increasingly dogmatic and inflexible, culminating with Leonid Brezhnev, who acted like a mechanical puppet (as does Boris Yeltsin today). Or take another of Ledeen's points, in which Machiavelli recommends avoiding the mistake of believing that all men are the same, no matter where they may live. When given a private tour of Macy's department store in New York, my former Romanian boss, Nicolae Ceausescu, believed the displays had been specially set up for him, because that was what he would have done to impress a foreign visitor to his Communist Romania. Today, when Yeltsin appointed the bloody KGB general Sergey Stepashin as prime minister of Russia, I pondered the fact that in the last four centuries all Russian/Soviet tsars have turned to their political police to defend their thrones. When I looked into Ledeen's book to see if Machiavelli also had an answer for that, there it was: "Machiavelli very badly wants to believe that a great leader can almost always be confident about his ability to win, provided that he has studied history carefully."
During the 20 years that Michael Ledeen has been my friend, we have often worked together to fight the evils of Soviet Communism-and today's crypto-Communism-by using Machiavelli's weapons, and I have always been sure he would some day write the ultimate contemporary book on Machiavelli. Ledeen has so admired this eminent mind of the Italian Renaissance that he has himself become the perfect American Machiavelli.
Ion Mihai Pacepa (former adviser to Ceausescu and acting chief of his espionage service)
Numerous examples of this are given throughout the book, noting modern leaders from Winston Churchill to Pope John Paul II.
I liked the author's easy-to-read style as well, and the book is itself so encouraging that by the end of the first few chapters I was itching to read The Prince by Niccolo Machiavelli, and dying to play a game of bridge (read the book - you'll find out).
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I was surprised by the other reviews on this site that claimed the original story was overly risque. While the story was similar in concept, I found it rather tame compared to the movie. One reviewer said the main character had an infatuation with underage minors. Were we reading the same story here?
I enjoyed the movie but critics complain the movie was too focused on overt sexuality and shock value. Perhaps that's true. It's unlike his previous works which left more to interpretation of the viewer. I do agree that Kubrick attempted to solve the mysteries that were left unanswered in the story. I believe the movie would've received higher acclaim if he remained focused on the tension regarding the affairs of the heart.
One final note, as another reviewer noted, the screenplay differs from the final work. As he/she correctly pointed out, many of Kubrick's works were written "on the fly" as additional ideas and modifications to the original script were incorporated during production.