World Sailing President addresses Council:
Lausanne, Switzerland (May 7, 2016) – World Sailing President, Carlo Croce, addressed the World Sailing Council at the 2016 Mid-Year Meeting in Lausanne, Switzerland.
The President’s address in full:
Your Majesty, Dear Executive Committee and Council Members, and Dear friends …
It is great to be here with you in Lausanne and, with three months to go until the Rio Olympic and Paralympic Games, it is a timely opportunity to update you on the progress we are making in World Sailing.
There are a number of important priorities that I have focused on since we last met.
I want to start by saying that I am delighted that our new CEO – Andy H…
Full Article: Scuttlebutt Sailing News – World Sailing President addresses Council, Assoc Editor
Light day for ACWS in New York:
New York, NY (May 7, 2016) – The America’s Cup returned to New York and the Hudson River for the first time in nearly a century on Saturday, to the delight of tens of thousands of fans who came out to see what the new America’s Cup was all about.
What they saw, after a delay due to light winds, was exceptional racing tucked in close to throngs of cheering spectators along the shoreline with lead changes, tactical passing moves and the fast, foiling, flying AC45 catamarans racing in the New York edition of the America’s Cup World Series.
The racing took place during an extended race window and was designated a “substitute race”. It will only be scored if it is…
Full Article: Scuttlebutt Sailing News – Light day for ACWS in New York, Assoc Editor
There are fundamental differences between the crash of 1929, and the crash of 2009. People own more, expect more, and the economies of the World are very different. Between 1989 and 2008, most people’s lives improved in the developed World, and attitudes changed with these improvements.
Poverty means in many Countries you only own one Television, rent a house, and have a low income job. In 1929, this would not be considered poverty, but wealth. Consumer goods are far cheaper compared to incomes, then anytime in human history, thanks to the outsourcing of industry to low wage countries in the developing world. Countries were the average wage, would never be enough to buy the luxuries exported to the ‘rich’ West.
The New Deal in 1929, created jobs for people who lived and worked in Industry, not Banking, Brokering, IT and the service industry that replaced Industry, when it was outsourced or replaced by robots. The jobs created, were manual, and semi-skilled jobs, the jobs two generations of Europeans and Americans have shunned.
President Obamas New Deal, is big Government, investing in fixing the infrastructure, and turning the states into a ‘Green Economy.’ But are the current generations able to turn back the clock, and return to digging up ditches, fixing roads, and building mega projects? Would these generations who traded blue overalls, for jeans and a desk with a laptop able to live on the income earned by returning to life as semi-skilled laborers?
That’s the major question over the ‘New deal’, although the proposed “Green Revolution’ raises more questions. We lived beyond our means, and need to change, but are we willing to sacrifice the material benefits we were used to, in order to turn back the effects of global warming?
Our shopping habits caused this new economic downturn, yet many of us really want things back on track, and the way they were. Denying that it was these habits, that created the mess, many economies are in now.
Driving ‘Green cars”, taking the train, instead of the independence of a conventional car, flying less distances and telecommuting, means we have to sacrifice the ‘good’ things we had before. Cheap energy means, energy savings, and using less gadgets at home, turning back the clock to cooking instead of eating ready made meals.
To many of the pre October 15th generation, these changes will seem demeaning, because they go against the conventional belief system of the American dream. These changes mean we own less, recycle more, travel more efficiently, and work in more menial jobs, earning less.
It will take more than a New Deal, and “Green revolution” to satisfy millions of people around the World. We need to change ourselves, and our prospective of what we really need. And that is the biggest challenge facing the Obama Presidency.
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