LyrArc Article Gist
Mike Pompeo is a four term Congressman from Kansas, who was educated at West Point and Harvard Law School, and served for 1 year as CIA Director under president Trump. He now becomes the new Secretary of State for the U.S. after winning Senate nomination 57 to 42. He comes to a State Department that lost top diplomats and suffered from a downsizing effort that has left it demoralized during the period former Exxon CEO Mr. Tillerson headed the department. Pompeo has to meet several challenges including restoring morale in the State Department, better relations with the UN Representative Nikki Haley, setting the best course on the Iran nuclear deal which he now supports, negotiations with North Korea where he was sent as an emissary recently. In doing this he has built trust with president Trump with his intelligence briefings as CIA Director, and his military background brings him closer to Gen. Mattis at the Defense Department. Also a challenge is setting a path for the strained relations with Russia. His first visit is to Brussels and NATO headquarters for discussions with European allies. ...

LyrArc Article Gist
WIth extensive experience as Chief Investment Officer from 2003 to 2012, Sauter has seen market swings and extreme volatility over a long period of a decade. For the current investment cycle and the pullback in Oct. 2014, he points to the pullback of -16% in spring 2010, and pullback of -18% in summer 2011. In the bigger picture of the chart for this period since 2010 these pullbacks look less significant. There are reasons for a pullback. The conflicts around the world bring more uncertainty for business investment, though Sauter's point about the conflict being more than any period since 1946 may be an overstatement because this includes the period of the Berlin Airlift, Iron Curtain in Eastern Europe, Korean War, Vietnam War, and the twin wars in Iraq and Afghanistan.There are problems in the eurozone economies with near contraction in Germany in the 3rd and 4th quarter. China is slowing down at the same time. The U.S. economy and lower oil prices are the bright side of the picture. Overall the comment by Christine Lagarde during the eurozone crisis in 2012 is still relevant. When asked about the situation then, she suggested adding perspective to what was happening by asking "compared to what?" referring to the situation in 2009, 2010 and 2011. Sauter says investors who remain steady are more likely to be happy some years from now that they remained that way....

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President Obama in an interview with Steve Inskeep of National Public Radio says that blue collar men, the white working class, have suffered in the last decade, and Trump is exploiting their fears and anxieties. Yet he made no mention of the large parts of the middle class with low levels of assets, and the extreme inequality discussed by Fed chairwoman Janet Yellen at a Boston Fed conference on inequality in October 2014. Obama addresses the war in Syria and Iraq in a similiar manner by not mentioning the millions of refugees in that region and the million that have created a refugee crisis in Europe. He attributes the problem more to media pursuing ratings than any errors of the administration in this interview with NPR, including some of it directed by pockets in the Republican Party. This ignores the many editorials and op-ed pieces on the subject from both sides of the spectrum, the Wall Street Journal and The Washington Post.

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Research done by the WSJ shows people who sped time on fitness and are older are happier. More females than males by a wide margin. Community involvement rates are higher and faith in God is seen in people who are happier. Aaron Zitner shows the lives of 3 people including an 80 year old who ran a health clinic for 25 years who find happiness through community involvement and many projects including one that cut ten pregnancy in her county and is now writing grants to restore an old YWCA building in Cortland, N.Y.

A 77 year old civil engineer on a 7 acre farm in Chesapeake, Virgina, has good relationships, community involvement, and the same house for a generation, whose belief in God helps him be happy and find serenity in life.

LyrArc Article Gist
The Bernie Sanders 2016 U.S. presidential campaign is compared to the Howard Dean 2004 U.S. presidential campaign. Both are from Vermont- Sanders was Mayor of Burlington, Dean was governor of Vermont. Dean and Sanders draw many white, educated, affluent voters to their campaign rallies. Yet the situation in 2015 is different. Dean's major issue was his opposition to the Iraq war started in 2003. Sanders says his position is more class based, and calls for a revolution to help working class Americans gain upward mobility as wages remain stagnant, and educational opportunity restricted. The Democratic Party today is also different, with more ethnic voters, and 40% female.