Posts Tagged ‘satire’
“Life is like a sewer – you get out of it what you put into it”*…
Frances Beckett on the mystery of the great Tom Lehrer: in the 1950s and 60s, his songs stunned and delighted listeners with their irreverence, wit, and nihilism. Then he gave it all up to teach mathematics.
Beckett begins by recounting his own introduction to Lehrer, in 1959, at the “snobbish [British] Jesuit boarding school” to which his parents had sent him…
… Tom Lehrer’s songs burst upon my consciousness like a clown in a cathedral. Days there began with mass, and ended with an uplifting homily in the chapel from an elderly and skeletal priest, generally about death. “Your best friends will desert you leaving you nothing but a winding sheet,” was one of his more cheerful messages. Between the two there was catechism, rugby, occasional bullying and fairly frequent beatings.
But we had the “playroom”, where we could relax and listen to records, and one day an American boy called Ed Monaghan turned up clutching a Lehrer LP. It was a medicinal dose of the irreverence, nihilism and rebellion that I craved. To this day, I am word perfect in many of the songs I first heard then. There was Poisoning Pigeons in the Park, all about the joys of spring, and as darkly funny as its title suggests. There was the American football song Fight Fiercely, Harvard, which seemed to make cruel mock of those cold, dreary afternoons I was forced to spend watching my school play rugby. It was all done with such bouncing musicality that I doubt whether the Jesuits ever realised the subversive nature of what we were listening to.
Lehrer made my life bearable. I have never been able to tell him so, and it might not please him, for he has been quoted as saying: “If, after hearing my songs, just one human being is inspired to say something nasty to a friend, or perhaps to strike a loved one, it will all have been worthwhile.”
I didn’t know then that Lehrer had started out, six years earlier, by paying to have his own record cut because the record companies were shocked by his songs, and selling the LP to fellow students at Harvard. This early samizdat recording was the underground success of the decade with almost no publicity effort from Lehrer – “My songs spread slowly, like herpes, rather than Ebola,” he later recalled.
At that time, Lehrer’s principal accomplishment was that he was a mathematics prodigy who had entered Harvard aged 15, in 1943, taken a first class degree aged 18 and a master’s a year later. Born into a New York Jewish family in 1928, Lehrer had, he has said, every advantage: piano lessons, an expensive school that could get him into Harvard, and “the Broadway of Danny Kaye and Cole Porter.
In the next year or two, Ed Monaghan introduced me to other comedians who were turning the complacent world of American comedy on its head: Mort Sahl, Shelley Berman, Dick Gregory, Lenny Bruce. “What these so-called ‘sickniks’ dispense,” wrote Time magazine in July 1959, “is partly social criticism liberally laced with cyanide, partly a Charles Addams kind of jolly ghoulishness, and partly a personal and highly disturbing hostility toward all the world.”
But in 1960, the year after I discovered him, Lehrer stopped writing and performing, although he briefly re-emerged in 1965 to write new songs for the US version of the satirical British show That Was the Week That Was. The new songs were made into a live LP, and it was even more wonderful than the old one. They included The Vatican Rag – a Catholic hymn set in ragtime: “There the guy who’s got religion’ll / Tell you if your sin’s original.” Although I was by then a confirmed atheist, I probably still thought that making fun of the Catholic church would release a thunderbolt from heaven, and The Vatican Rag cured me.
The album also included three songs condemning nuclear weapons. “There’ll be no more pain and misery / When the world is our rotisserie …” They were so much better than those whiny folk songs of the era, which Lehrer rather despised. “You had to admire these folk singers,” he says on the live LP. “It takes courage to get up in a coffee house or a student auditorium and come out in favour of the things everyone else is against, like peace and justice and brotherhood, and so on.”
In this far more political new record, he satirised the Americans teaming up with West Germany against the USSR (“Once all the Germans were warlike and mean / But that couldn’t happen again / We taught them a lesson in 1918 / And they’ve hardly bothered us since then”), and was horrified that Hitler’s chief rocket scientist was now working for Washington, singing: “‘When the rockets go up who cares where they come down? / That’s not my department,’ says Wernher von Braun.”
And then he gave it up again, and he has spent the rest of his life as an obscure mathematics lecturer. He lives in the house he has occupied for decades, in Cambridge, Massachusetts, and he was 96 last month…
The quest to understand: “‘My songs spread like herpes’: why did satirical genius Tom Lehrer swap worldwide fame for obscurity?” from @francisbeckett in @guardian.
A reminder: in 2020, Lehrer his lyrics, and free streaming and downloadable versions of all of his albums– a satirical gold mine: “Songs and Lyrics by Tom Lehrer.”
* Tom Lehrer
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As we appreciate art, we might recall that it was on this date in 1972, amid Queen Elizabeth II’s Silver Jubilee celebrations, that the Sex Pistols threw a party aboard a boat called The Queen Elizabeth, inviting friends, journalists, and a film crew to sail along London’s River Thames– a promotion for the band’s new single, “God Save the Queen.” As the sun went down and the boat floated near the Houses of Parliament, the band lit up their amps and performed “Anarchy in the UK,” followed by “God Save the Queen,” “No Feelings,” and “Pretty Vacant.” Upon docking, the band and their fellow partygoers were met by police.
“We use the term risk all too casually, and the term uncertainty all too rarely”*…
How private-equity giants are overhauling the financial system, and its potential impact on pensions…
A decade or so ago private equity was a niche corner of finance; today it is a vast enterprise in its own right. Having grabbed business and prestige from banks, private-equity firms manage $12trn of assets globally, are worth more than $500bn on America’s stockmarket and have their pick of Wall Street’s top talent. Whereas America’s listed banks are worth little more than they were before the pandemic, its listed private-equity firms are worth about twice as much. The biggest, Blackstone, is more valuable than either Goldman Sachs or Morgan Stanley—and has the confidence of a winner. “It’s the alternatives era,” proclaimed the company’s ebullient Taylor Swift-themed festive video in December. “We buy assets then we make ’em better.”
This is not, though, the business that has recently boomed for them. Traditional private equity—using lots of debt to buy companies, improving them, and selling or listing them—has been lifeless. High interest rates have cast doubt on the value of privately held companies and reduced investors’ willingness to provide new funds. It does not seem to matter. Core private-equity activity is now just one part of the industry’s terrain, which includes infrastructure, property and loans made directly to companies, all under the broad label of “private assets”. Here the empire-building continues. Most recently, as we report this week, the industry is swallowing up life insurers.
All of the three kings of private equity—Apollo, Blackstone and KKR—have bought insurers or taken minority stakes in them in exchange for managing their assets. Smaller firms are following suit. The insurers are not portfolio investments, destined to be sold for a profit. Instead they are prized for their vast balance-sheets, which are a new source of funding.
Judged by the fundamentals, the strategy makes sense. Insurance firms invest over long periods to fund payouts, including annuities sold to pensioners. They have traditionally bought lots of government and corporate bonds that are traded on public markets. Firms like Apollo can instead knowledgeably move their portfolios into the higher-yielding private investments in which they specialise. A higher rate of return should mean a better deal for customers. And because insurers’ liabilities stretch years into the future, the finance they provide is patient. In banking, long-term loans are funded with lots of instantly accessible deposits; with private assets and insurance, the duration of the assets matches the duration of the liabilities.
Yet the strategy brings risks—and not just to the firms. Pension promises matter to society. Implicitly or explicitly, the taxpayer backstops insurance to some degree, and regulators enforce minimum capital requirements so that insurers can withstand losses. Yet judging the safety-buffers of a firm stuffed with illiquid private assets is hard, because its losses are not apparent from movements in financial markets. And in a crisis insurance policyholders may sometimes flee as they seek to get out some of their money even if that entails a financial penalty. Last year an Italian insurer suffered just such a bank-run-like meltdown…
Funding pension providers with private equity: “The risks to global finance from private equity’s insurance binge” (gift article) from @TheEconomist.
And lest we think that publicly-funded defined benefit pensions are less risky, see “Akin to Fraud” by Mary Willliams Walsh, an account of the sorry state of the public pension fund in New Hampshire (the state with the second-oldest population in the nation).
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As we rethink retirement, we might recall that it was on this date in 1728 that John Gay‘s The Beggar’s Opera premiered. A “ballad opera” (a satirical work with lyrics set to vernacular music), it was a huge hit– it has been called “the most popular play of the eighteenth century“– a watershed in Augustan drama.
The original idea of the opera came from Jonathan Swift, who wrote to Alexander Pope in 1716 asking “…what think you, of a Newgate pastoral among the thieves and whores there?” Their friend, Gay, decided that it would be a satire rather than a pastoral opera.
In 1928, Bertolt Brecht (working from a translation into German by Elisabeth Hauptmann) adapted the work into Die Dreigroschenoper (The Threepenny Opera) in 1928, sticking closely to the original plot and characters but with a new libretto, and mostly new music by Kurt Weill.

“Will he not fancy that the shadows which he formerly saw are truer than the objects which are now shown to him?”*…

Bad news for those of us who occupy Plato’s Cave…
To all inhabitants of Plato’s Cave,
If you are receiving this letter, it means you have been designated a tenant of the cave—i.e., you are chained to the wall, you are forced to watch shadows for all eternity, you are projecting said shadow puppets, and/or you are a philosopher who was able to break free and understand the true shackles of reality (PhD candidates about to argue their thesis).
We are writing this memo to introduce ourselves, the new property managers of Plato’s Cave, and to let you know that this fall your rent will be raised.
We cannot wait to work with you as we journey together, but we also want to clarify that we mean real, actual money and not allegorical discussions on the concept of fiat currency.
- This is a memo and not a dialogue. You do not need to deconstruct the concept of reality or your interpretation of such. Please pay.
- Please be advised that we have changed our policies and will no longer accept imagined dialogues with Socrates and/or whimsical stories about Socrates.
- The rent will be used to address crumbling infrastructure as the upkeep of a completely underground cave is no easy thing. The money will go toward better walls, superior modes of imprisonment, a bigger and cooler fire, etc.
- To address any extra concerns, we will hold a fireside chat where you will be allowed to ask any remaining questions you might have. We understand you may not understand the “form” or “idea” of time, so we have allotted two weeks for this.
- Sure, you could break the chains of your supposed enslavement to the cave and embrace the complexity of reality, but consider we will offer Ice Cream Fridays. They will take place on the fourth Friday of every other month.
We do not undertake this lightly. As the costs of maintaining a cave meant to trap you in your ignorance increases year after year, we want you to know, from the bottom of our hearts, that we, too, are suffering. We get that times are tough, and we hope you can extend that sympathy to us, the managers of your cave…
Painfully funny: “Plato’s Cave Regrets to Inform You It Will Be Raising Its Rent,” from @Hellotherexu in @mcsweeneys.
* Plato, Republic
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As we tighten our belts, we might recall that it was on this date in 1945 that farmer Lloyd Olsen of Fruita, Colorado, planning to eat supper with his mother-in-law and sent out to the yard by his wife to bring back a chicken, tried to behead a five-and-a-half-month-old Wyandotte chicken named Mike. The axe removed the bulk of the head, but missed the jugular vein, leaving one ear and most of the brain stem intact. The chicken was still able to balance on a perch and walk clumsily. He attempted to preen, peck for food, and crow, though with limited success; his “crowing” consisted of a gurgling sound made in his throat. When Mike did not die, Olsen decided to care for the bird.
Mike achieved national fame until his death in March 1947. In Fruita, Colorado, an annual “Mike the Headless Chicken Day” is held in May.
“I profess in the sincerity of my heart that I have not the least personal interest in endeavoring to promote this necessary work, having no other motive than the public good of my country”*…
“Scott Alexander” (also here) throws his hat into the Presidential ring…
The American people deserve a choice. They deserve a candidate who will reject the failed policies of the past and embrace the failed policies of the future. It is my honor to announce I am throwing my hat into both the Democratic and Republican primaries (to double my chances), with the following platform…
There follow eleven bold ideas, for example:
Ensure Naval Supremacy And Reduce Wealth Inequality By Bringing Back The Liturgy
The liturgy was a custom of ancient Athens. When the state needed something (usually a new warship) it would ask for volunteers among its richest citizens. Usually one would step up to gain glory or avoid scorn; if nobody did, the courts were allowed to choose the richest person who hadn’t helped out recently. The liturgist would fund the warship and command it as captain for two years, after which his debt to the state was considered discharged and he was given a golden crown. Historians treat the liturgy as a gray area between voluntary service and compulsory taxation; most rich Athenians were eager to serve and gain the relevant honor, but they also knew that if they didn’t, they could be compelled to perform the same service with less benefit to their personal reputation.
Defense analysts warn that America’s naval dominance is declining:
Only 25 per cent of America’s 114 commissioned surface combatants (cruisers, destroyers, and littoral combat ships) are less than a decade old. By comparison more than 80 per cent of China’s 141 destroyers, frigates, and corvettes have been commissioned in the past decade. In the same time period, the United States commissioned 30 surface combatants . . . The nearly 600-ship Navy of the late 1980s deployed only 15 per cent of the fleet on average. Today, with fewer than 300 ships, the US Navy deploys more than 35 per cent to service its global missions, contributing to a material death spiral.
So America is short on warships. But it is very long on rich people with big egos. An aircraft carrier would cost the richest American billionaires about the same fraction of their wealth as a trireme cost the richest Athenian aristocrats. So I say: bring back the liturgy!
The American rich already enjoy spending their money on exciting vehicles – yachts for the normies, rockets for the more ambitious, Titanic submersibles for the suicidal. Why not redirect this impulse towards public service? Imagine the fear it would strike into the hearts of the Chinese when the USS Musk enters Ludicrous Mode in the waters off the Taiwan Strait, with Elon himself at the wheel. And does anyone doubt that Elon – usually careful to avoid taxes – would jump at the chance to do this?
…
Legalize Lying About Your College On Resumes
Colleges trap Americans in a cycle of burdensome loans and act to reinforce class privilege. I have previously advocated making college degree a protected characteristic which it is illegal to ask people about on job applications. But this would be hard to enforce, and people would come up with other ways to communicate their education level.
So let’s think different: let’s make it legal to lie about your college on resumes (it is already not technically illegal to lie on a resume, but companies can ask for slightly different forms of corroboration which it is illegal to lie on). Everyone can just say “Harvard,” and nobody will have any unfair advantage over anyone else.
…
More modest proposals: “My Presidential Platform,” from @slatestarcodex.
* Jonathan Swift, A Modest Proposal For preventing the Children of Poor People From being a Burthen to Their Parents or Country, and For making them Beneficial to the Publick
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As we savor the sad salience of satire, we might recall that on this date in 1935, Huey Long, Louisiana Senator and past-Governor (and inspiration for Robert Penn Warren’s All the King’s Men), was shot in the Louisiana state capitol building; he died 30 hours later. Called a demagogue by critics, the populist leader (“every man a king”) was a larger-than-life figure who boasted that he bought legislators “like sacks of potatoes, shuffled them like a deck of cards.”
And on this date in 1974, President Gerald Ford offered his disgraced predecessor, Richard Nixon, “a full, free, and absolute pardon for all offenses against the United States which he, Richard Nixon, has committed or may have committed or taken part in” during Nixon’s Presidency.
“What, Me Worry?”*…
We lost a giant earlier this week…
Al Jaffee, the celebrated and much-laureled cartoonist known to generations for his clever creations for MAD magazine, died Monday [at age 102] in Manhattan due to multiple organ failure…
Jaffee studied at the High School of Music & Art in New York City in the late 1930s, alongside several future MAD colleagues: Will Elder, Al Feldstein, Harvey Kurtzman and John Severin. He began his career in the early ’40s as an artist working for several comics publications, including Marvel Comics precursors Timely Comics and Atlas Comics. He began creating gag-driven comedy spots for Timely, including Ziggy Pig and Silly Seal at the request of Marvel legend Stan Lee.
He made his MAD magazine debut in 1955, but soon left with outgoing editor and his old school friend Kurtzman to work for his Trump and Humbug publications. When these folded in the late ’50s, Jaffee returned to the MAD fold. A few years later, in 1964, Jaffee approached Feldstein with his idea for the first Fold-In cover, which would riff on the scandal of Elizabeth Taylor leaving her husband Eddie Fisher for her Cleopatra co-star Richard Burton. Feldstein and Bill Gaines were immediately enthusiastic, and Jaffee was soon asked for a new Fold-In, and the intricate and clever gimmick soon appeared in almost every issue…
Jaffee also notably created the Snappy Answers to Stupid Questions as well as humorous articles about concepts for newfangled inventions — many of which turned out to be very accurate predictions…
He continued creating for MAD and other publications into the new millennium. Among his many career accolades, Jaffee was presented with a Sergio Award from the Comic Art Professional Society in 2011, inducted into the Will Eisner Hall of Fame in 2013, elected to the Society of Illustrators’ Hall of Fame in 2014, and was officially declared to have had “the longest career as a comics artist” (73 year, three months) by Guinness World Records in 2016, well before he retired at age 99.
On the March 13, 2006, episode of The Colbert Report aired on Jaffee’s 85th birthday, comedian Stephen Colbert saluted the artist with a Fold-In birthday cake. The cake featured the salutary message “Al, you have repeatedly shown artistry & care of great credit to your field.” When the center section of the cake was removed, the remainder read, “Al, you are old.”
More on the master: “Award-Winning ‘MAD’ Cartoonist and Fold-In Inventor Al Jaffee Dies at 102,” in @animag.
See also: “Al Jaffee, A MAD Magazine Legend, Remembered As ‘Every Cartoonist’s Role Model’,” from @robsalk.
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As we appreciate art, we might send powerfully-drawn and carefully-lettered birthday greetings to Dave Gibbons; he was born on this date in 1949. A comics artist, writer and letterer, he was a creator of 2000 AD, the Martha Washington series, Doctor Who, Green Lantern, World’s Finest, The Secret Service, and others. But he is best known for his work with writer Alan Moore, which includes the seminal Watchmen and the Superman story “For the Man Who Has Everything.”












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