HARDING CLUB MINUTES:

Meeting of Oct. 28, 2009

             

The meeting, as usual, was held G&G’s Restaurant in Wappingers.

 

The Speaker for the evening was Professor Bruce Judson.

 

Bruce Judson is a senior faculty fellow at the Yale School of Management. An entrepreneur and lawyer, Judson holds advanced degrees from Yale Law School and the Yale School of Management. He is a graduate of Dartmouth College. He is the author of Go It Alone! and Netmarketing, and the coauthor of Hyperwars. In 2008 he both predicted and hedged against the market crash, beating the investment results of virtually every mutual fund and hedge fund.

 

The severe economic downturn has been blamed on many things: deregulation, derivatives, greedy borrowers, negligent lenders. But could there be a deeper problem that is so severe, so long-lasting, and so dangerous that it makes these problems look like minor swerves in the road? Could we be facing an existential challenge to the promise of America, and to our system of government?

 

Inequality in America has reached historical highs. Throughout human history, this level of disparity has proven intolerable, almost always leading to political upheaval. Though many believe that America will never face a second revolution, that our politics are stable, in It Could Happen Here, Yale School of Management senior faculty fellow Bruce Judson makes the case that revolution is a real possibility here, driven by a thirty-year, unprecedented rise of inequality through six presidencies, three Fed chairmen, three recessions, and many years of expansion.

 

The last time inequality rivaled current levels was in 1928, just before the Crash and the Great Depression. Today we are in worse shape, divided into a tiny plutocracy of super-rich, on the one hand, and a fragile, indebted, unprotected "former middle class" on the other. As Judson shows, revolutions can occur suddenly, as happened with the Soviet Union's 1991 dissolution, and America today exhibits the central precursors to a collapse ­extreme economic inequality and an increasingly impoverished middle class. He makes the most disturbing case yet for why our economics are leading us inevitably toward a devastating crisis.

 

When Franklin Roosevelt faced a similar situation, he was saved by World War II. This time, the conflict may be at home, not abroad.

 

 

For more on the revolution that could happen here, see www.a-e-e.org.

 

·         


HARDING CLUB MINUTES:

Meeting of Nov 11, 2009

 

The next meeting was held on Nov. 11.  The Speaker was Jay Simpson on the topic: Genealogy.

 

}        More than

Date and Place of Birth

Date and Place of Marriage

Date and place of Death

 

}        It’s your family history!

}        It’s your kin

 

 

The full presentation is attached and/or can be viewed on our web site.

 

This was a husband a wife meeting.  Most of those attending without   their wives were relegated to the back   tables :-(.

Apparently in honor of having many of our wives attending, G&G offered an assortment of hot h’odeurves.

 

Meeting was adjourned at 9:00 PM.

 

 

Respectfully Submitted

Herb Stoller Recording Secretary

 

 

 

 

 

Speaker Schedule

Meeting Date

Speaker

Husband and Wife

 

 

 

2-Dec

State of the Pok Journal - Rothfeld

 

16-Dec

 Pres & CEO – GSD Chamber of Commerce-Ann Meagher –

13-Jan

State Of the County - Sandy Goldberg

 

27-Jan

 

 

10-Feb

Chinese New Year - Jade Palace

Yes

24-Feb

 

 

10-Mar

 

 

24-Mar

Jewish Deli Night at the JCC