The Unsinkable brian cork™

Brian Patrick Cork is living the Authentic Life

running with the Bulls and driving Cattle

October28

Back in 1977 Grandad said to me: “You can be a leader or a follower. Leaders know whom to follow at critical points in their lives. But, don’t ever be the wrong leader of followers”.

That requires some careful thought, and much more perspective.

Over the summer of 1988, while teaching me how to first listen and then sell (while also teaching me how to sail in Santa Monica Bay) David Sugarman, my “Jewish mentor” advised me, in that brilliant sepulchural baritone of his: “don’t bother buying a stock you might ever want to sell.”

“Trust in human nature”, he added.

These, strategies (they might be foundational philosophy /1) if you will, then required careful thought, research, informed decision-making and maturity to pull off over a lifetime.

Through the Spring of 1999 I remember the DOW breaking 10,000 for the first time with it’s delicious opportunity to revisit and contemplate David’s words.

Under pressure of very awkward and highly suspect circumstances, the market began it’s dark and ugly descent towards 6000 last year, and I decided to hold firm to Grandad and David’s, always great and evident, wisdom.

Every where I went, the only talk you could hear was about how low the DOW might go. It reminded me of the whole OJ Simpson ordeal. It’s all anyone seemed to want to focus on.

I could easily draw a correlation between the two topics. However, as a Prudent Gentlemen, I don’t see the point as it reduces the advantage, and lessons the potential effects and opportunities now relative to Laws of Natural Selection.

I will, however, offer an example, with the hopes loyal readers of this Blog harken and, perhaps remember when the next test rears itself.

I first listened to, and then observed, a local and hapless friend defy common sense and guidance, as he sold off all of his investments, leveraging both a dirth of intelligence while timing his decision to match, perfectly, mind you, the very bottom of the market. He was firm in his convictions and determined to panic. The chap was convinced the market was going to “crater (a clever and dramatic, albeit meaningless terms financially)”. I had told him there were many reasons – most of them built-in, while others were easily psychological (although both cleverly manipulated) that the market would not go below 6000. You can read more about that here (but, there is more elsewhere), and on this very Blog. Do it!

In any event, he bought into the frantic mooing to be found permeating the internet, and stampeded with so many others, failing to see the buying opportunities, and sold into a crashing market designed to fatten the wallets of the happy minority.

That fellow was a follower. And, he might have actually been a leader of followers (he was a bad example of something, or maybe a good example of a bad thing), to make his plight all the worse.

Today he’ll wring his hands and tell you that his wealth managers “screwed” him, as they misled “everyone (typically this is what thirteen year olds say in the absence of empiric evidence)” regarding their research abilities and understanding of market trends. I’ll wager they had been telling him to sit tight. The storm always abates, and the market always comes back.

Just like the current market will.

Because you can trust human nature (make sure you read that aforementioned post). And, try it from the view of a Heterodox. Consider it a Kobayashi Maru, and literally, an opportunity to Kill that Bear./2

This is an obvious point, but the only people that “lost” money in the stock market are those that panicked and sold into a down market. Conversely, there is new wealth, big money, being created, on paper, by people that have been buying stocks up for the past six months.

I have, and with good reason, cause to make another stand, right here, and say we’ll break back up, and through 12500, by the end of the First Quarter of 2010.

Do some leading research. Maybe you begin with why are the banks really hoarding all that cash?

Peace be to my Brothers and Sisters.

Brian Patrick Cork

1/ There is some agreement, therefore, that philosophy is based on method, and is rational, systematic and critical, or characterized by logical argument.

Intrinsic Character: Philosophy can be distinguished from empirical science and religion. The Penguin Encyclopedia says that philosophy differs from science in that its questions cannot be answered empirically, i.e. by observation or experiment, and from religion, in that its purpose is entirely intellectual, and allows no place for faith or revelation.

2/ From the Movie: “The Edge”.

roman polanski and lawless purgatory

September29

I know… I’ll take some heat for this post. Maybe a lot of heat.

However, my heart is heavy and my shoulders feel the burden from a situation where the scales of justice have been unbalanced. I’m a Prudent Gentleman. I have no choice but to bring this situation to light and seek equity in the matter.

As a father and a man, I’ll never be able to comprehend what Roman Polanski did over thirty years ago. For me, the details really don’t matter. What he did was unconscionable.

However, what a judge did in terms of abusing our judicial system leaves me speechless. And, the fact that the problem with both the judge, and prosecutors that continue to compound the problem is both unconstitutional and beyond reason.

In 1977 Polanski apparently engaged in inappropriate conduct with an underaged girl. He cut a plea agreement with prosecutors and served time.

Roman PolanskiThe world knows that part. And, they know that in 1978 Polanski fled the United States for France. We also know he has continued a stellar career as a producer of film classics. However, I’ll not make him a hero here by outlining his victories. Because it could well detract from my point.

However, what is not known in the the world, at least the world known within the continental United States, is that  the judge overseeing the Polanski case arbitrarily decided to renege on the pleas agreement after Polanski emerged from prison. Polanski was allowed to plead guilty to one of six charges, and was sent to prison for forty two days of evaluation. Lawyers agreed that would be his full sentence, but the judge tried to renege on the plea bargain. The girls family lawyer, Lawrence Silver, told the judge that his clients were not seeking a prison term for Mr. Polanski, only an admission of wrongdoing and rehabilitation. Later the girls family reached an undisclosed financial settlement with Polanski. Aware the judge would sentence him to more prison time and require his voluntary deportation, Polanski fled to France.

Samantha Geimer (now 45), his victim, said in a 2003 commentary for The Los Angeles Times:

“… he and his most recent film, “The Pianist,” should be honored on their own merits. She added, “Who wouldn’t think about running when facing a 50-year sentence from a judge who was clearly more interested in his own reputation than a fair judgment or even the well-being of the victim?”

Former opponents Douglas Dalton, Mr. Polanski’s lawyer, and Roger Gunson, the assistant district attorney who led the prosecution, together, pin the blame for Polanski’s flight directly on the presiding judge, Laurence J. Rittenband (who stepped down in 1989, and died in 1994).  The lawyers fill in the appalling details of what was effectively a second crime, one largely perpetrated by a celebrity-dazzled judge, and the equally gaga news media he courted.

This crime left two victims, Mr. Polanski, who was denied a fair trial, and Ms. Geimer, who was denied justice, and has publicly stated: “Sometimes I feel like we both got a life sentence.”

Polanski was arrested by Swiss officials late last week as he entered the country to receive a filmography award for life-time excellence. He has never hidden and always made himself available to authorities. Polanski has asked a U.S. appeals court in California to overturn a judges’ refusal to throw out his case. He claims misconduct by the now-deceased judge who had arranged a plea bargain and then reneged on it. Earlier this year, Superior Court Judge Peter Espinoza in Los Angeles dismissed Polanski’s bid to throw out the case because the director failed to appear in court but said there was “substantial misconduct” in the handling of the original case. In his ruling, Espinoza said he reviewed not only legal documents, but also watched the HBO documentary, “Roman Polanski: Wanted and Desired,” which suggests there was behind-the-scenes manipulations by a now-retired prosecutor not assigned to the case.

Nonetheless, Polanski is currently being held in a Swiss prison awaiting extradition to the United States.

Ironically, it’s apparently being left to the French, Polish and Swiss governments to defend Polanski. In France, Culture Minister Frederic Mitterrand said he was “dumbfounded” by Polanski’s arrest. He went on to add: “In the same way that there is a generous America that we like, there is also a scary America that has just shown its face.” In Paris, French Foreign Minister Bernard Kouchner said he hoped Polanski could be quickly freed by the Swiss, calling the apprehension a “bit sinister.” He also told France-Inter radio that he and his Polish counterpart Radek Sikorski wrote to U.S. Secretary of State Hilary Clinton, and said there could be a decision as early as Monday if a Swiss court accepts bail. The Justice Ministry insisted Sunday that politics played no role in its arrest order on Polanski, who lives in France but has spent much time at a chalet in the luxury Swiss resort of Gstaad. That has led to widespread speculation among his friends and even politicians in Switzerland that the neutral country was coerced by Washington into action.

For the moment I am also dumbfounded by our judicial systems lack of credibility in this matter. What Polanski did was clearly wrong. But, it was resolved, whether you agree with that resolution or not, under the scales of justice. However, those scales are upended and bent out of any shape of fair recognition by a single man acting out of his own self-interest, and willing to abuse his authority. Even though Polanski has petitioned the US courts in good faith for decades to review and resolve the problem created by a rogue judge, he will, tragically, never realize a fair trial in this matter. The media has fanned the wrong flames for years.

Meanwhile, lawyers on multiple continents are asking that Polanski be released on bail. So, the best that he can hope for is a return to France where life, liberty and justice will best if awkwardly prevail.

In other news, President Barack Obama is jetting off to Brazil with Oprah to petition the International Olympic Committee on behalf of the city of Chicago in the hopes of securing a bid for the 2016 Olympics.

Peace be to my Brothers and Sisters.

Brian Patrick Cork

What’s All This About?

"What am I looking at?", you might wonder.

Lots of stuff.

Meanwhile, here, I discuss events, people and things in our world - and, my (hardly simplistic, albeit inarticulate) views around them.

You'll also learn things about, well, things, like people you need to know about, and information about companies you can't find anywhere else.

So, while I harangue the public in my not so gentle way, you will discover that I am fascinated by all things arcane, curious about those whom appear religious, love music, dabble in politics, loathe the media, value education, still think I am an athlete, and might offer a recipe.

All the while, striving mightily, and daily, to remain a prudent and optimistic gentleman - and, authentic.

brian cork by John Campbell





photos by John Campbell

 

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