Monday, July 21, 2014

Investors Should Avoid...?

Investors Should Avoid…What?

By Warren Boroson

On Facebook, Vanguard recently posed a good question.
Namely, “Investors should avoid…?”
My first answer was: “Paying attention to stock tips.”
My considered answer: “Losing money.” Not that it’s avoidable if you truly invest. Someone once told me he never, ever lost money in the stock market. I passed  that comment along to a famous investor. His reply: “That person isn’t taking enough risk.”
         Even so, trying to avoid losses, reasonably, is a fine idea. If you invest $100 and lose $50, or 50%, you have to make 100% to get back to where you were. Because the money you’ve been left with, $50, is so much smaller than the money you originally had.
          Other answers:
         “Having children.” –Hector Peralta
         “Letting emotions drive their investments.” – Sharida Jackson (Like greed and fear?)
        “CNBC.” -- Rajneesh Kumar
       “Advisers - learn enough to do it yourself at Vanguard.” – Greg Morgen
         “Trying to time the market.” – Penny Brelad de Vries
         “Panic.” -- Brenda L. Moss 
            “High expense ratios.” – Christopher Lundgren
   “Tax man.“ – Fernando Dizon (Or woman.)
          ”Stock brokers.”—John Petocz
         “Hubris. The belief that they have some special knowledge about the markets.”—Susanna Gross
        “All of the ‘noise.’”-- Joseph Harris 
         “High fees and hedge funds.” -- Don Gaines 
         “Jim Cramer.” -- Adam Prowatzke 
    “Procrastinanting.”-- Jason Johnson 
   “Load funds.”—Kevin Dowd
   “Trading.” -- Troy Torrison 
   “Undersaving. 20% is the new bare minimum.”-- Nathan Green 
                                  ***
        My own re-considered answer: “Almost all of the above.”
   


Thursday, July 17, 2014

People Who Hate Opera

  Thinking About People Who Hate Opera

By Warren Boroson

When people tell me that they cannot stand opera, I’m sympathetic. “I understand perfectly,” I say to them.
Most operas, I assure them, are exquisitely boring. So many operas still in the repertory have just one really good aria, and some wildly popular diva or divo may insist on singing that particular opera—perhaps because he or she is achingly bored by singing “Traviata” all the time. Lauritz Melchior sang Siegfried 10,000 times (or thereabouts). No wonder he wanted to sing “Otello”! I’ve read that Rosa Ponselle retired early because the Met wouldn’t revive a particular opera just for her.
Besides which, going to the opera can be expensive – especially going to the Met in New York City. Plus, many opera plots are clearly nonsensical, like many Wagner operas, with their dragons and dwarfs. Even Verdi operas may be musty and fusty. Remember “Il Trovatore”? And the witch who throws the wrong baby into the fire? I tell people I have days like that, days when I throw the wrong baby into the fire….
There may be only 20 absolutely wonderful operas, good from beginning to end, I tell people—and most of these operas are by Mozart, Verdi, Bizet, Donizetti, Rossini, or Puccini. As for the very worst opera librettos (not necessarily the music), Michael Zwiebach, a senior editor at San Francisco Classical Voice, has compiled a list of the bottom ten. Among them: Puccini’s “Edgar,” Weber’s “Oberon,” Tchaikovsky’s “Maid of Orleans,” Victor Herbert’s “Natoma,” Franz Shubert’s “Fierrabras,” and Gounod’s “La nonne sanglante.” (I myself would add “The Death of Klinghoffer.”)
As for people who tell me they cannot abide any operas at all, I urge them to listen to “La Boheme” (especially the Bjoerling-de los Angles version, conducted by Sir Thomas Beacham), or “La Traviata” (what gorgeous melodies!), or “The Marriage of Figaro” (the perfect opera—great story, great music), or “Carmen.” Nietszche actually told Wagner how much he  admired “Carmen.” Wagner was not amused.
I’m sympathetic to opera-haters because so many self-styled opera lovers are phonies. They think that loving opera is a sign of special sophistication. And great wealth. (Mark Twain, as usual, was an exception. After visiting Wagner’s opera house in Bayreuth, he commented, “Wagner’s music is better than it sounds.” He also confessed: “I haven’t heard anything like it since the orphan asylum burned down.:”
The phonies are the people sitting in the orchestra who leave before the last act and give their tickets to impoverished standees (like me). The phonies are the people who deafeningly shout “Bravo!” or “Brava!” or “Bravi!” at the end of almost any aria. Or who, instead of just applauding, make strange screeching noises.
I once stood on line to get a drink at the Met—a drink helps you appreciate any opera immeasurably—when a short arrogant old man in a white tux walked to the front of the line and got served immediately. The bartender looked at the man with awe. Probably a member of an exclusive club at the Met for the very, very rich. I still have fantasies of what I would have done to the man dressed in white if I were someone like Jack Reacher.
That Met opera singer, Helen Traubel, knew the score.
One night, after the first act of an opera, she visited the gallery (she wrote in her autobiography, “St. Louis Woman,” 1959). And she concluded that less than 10% of the audience was really enjoying themselves. “Nearly all of them -- students, socialites, tourists, habitués -- were fonder of Sherry’s bar on the third floor than the performance. Most of them were snobs. I was convinced then that it was chiefly snobbery alone that supported the opera house….. The sweeping music and drama on the stage were simply a background for chitchat and preening, entertainment for a club for those who felt superior to keep them feeling so.”
During one Met opening night, she noticed, the first row of the orchestra seats was filled with beautiful women weighted down with jewelry. At the end of the first act, almost all of them left. “They had come, been seen, admired, and fulfilled what was for them the purpose of grand opera. There was really no reason to stay longer.”
As for opera itself, she called both the text and the music “too long.” She recommended that the “creaky plots should be cleaned up. The acting and scenery should be drastically revised.” (One of her other suggestions, that there be a translation into colloquial English, has been fulfilled, via subtitles.)…
Helen Traubel quit the Met and went on to have a successful career singing popular songs.
Anyway, I once asked a  very intelligent woman if she herself liked opera.
“I like certain operas a great deal,” she answered with a shrug. “I like people who attend operas much less.”

A good, thoughtful answer.

Traubel Sings:
Traubel and Durante
Traubel (with Jose Ferrer), “Leg of Mutton,” by Sigmund Romberg
“Hello, Young Lovers” (introduced by Jerry Lewis)
Liebestod, Tristan und Isolde, Wagner

Tuesday, July 8, 2014

Death of Klinghoffer: Biased and Banal

‘Klinghoffer,’ the Opera: Biased and Banal

Warren Boroson

An opera about the conflict between Israelis and Palestinians might have been absolutely splendid. But one deep-seated defect of composer John Adams’s “The Death of Klinghoffer” is that he, along with librettist Alice Goodman, is biased against Israel. Another defect: They are intellectual lightweights.

The opera has gotten loads of free publicity lately, thanks to the Metropolitan Opera’s decision not to broadcast the opera around the world come October but just on stage in New York City. A number of leaders of Jewish organizations — including Abraham Foxman of the Anti-Defamation League — had complained about the opera to Peter Gelb, the Met’s general manager, pointing out that it might inflame anti-Israel sentiments abroad and lead to anti-Jewish incidents.

You don’t have to have seen the opera, which is based on real events, to recognize that it contains anti-Semitic elements. (I saw the filmed version, made in 2003, conducted by Adams himself, with a screenplay by Penny Woodruff, who also directed. The film seems to be more pro-Palestinian than the opera itself.)

The terrorist called Rambo, one of four who hijacked the cruise ship Achille Lauro in 1985, sings to Leon Klinghoffer, a Jew: “You are always complaining of your suffering but wherever poor people are gathered they can find Jews getting fat. America is one big Jew.”

Another terrorist, Molqi, sings: “We are soldiers fighting a war. We are not criminals and not vandals. We are men of ideals.” This is the hijacker who actually shot and killed Klinghoffer, a 69-year-old disabled, defenseless Jew confined to a wheelchair. (In real life, one of these “men of ideals” asked an elderly Austrian couple if they were Jewish. When the man said yes, the gunman knocked him to the ground and hit him in the head repeatedly with his gun butt.)

The film begins with black-and-white photography — not historical footage — of Jewish settlers chasing Palestinian men, women, and children out of their homes. (One of the children, we learn, is the mother of a hijacker.) Later one sees Jews moving into the houses.
    
The film proceeds to show much of the action abroad the ship through the eyes of the hijackers, sometimes sympathetically. Even the most vicious hijacker, Rambo, who torments Klinghoffer by shoving around his wheelchair, is shown in a flashback grieving over a relative killed by the Israelis. Another gunman, Mamoud, sings about how pleasant it was to view the dawn through the window of his house. One keeps the hostages supplied with cigarettes. One weeps at the death of Klinghoffer; another throws up. The poor terrorists!

From many of the newspaper accounts, you might think that “Death of Klinghoffer” is a musical masterpiece. But a number of leading critics, who had seen earlier performances of the opera, had reservations. 

Tim Page at Newsday called the opera “pompous, turgid, derivative, and hopelessly confused.” A Pultizer Prize-winning music critic, Page also objected to the libretto’s portraying the terrorists as “real men … as opposed to the opera’s nattering, ineffectual Jewish characters.” In the original version, a Jewish family from New Jersey, the Rumors, bicker over finances and bathroom matters. That family was later removed from the opera. That was apparently too much even for Adams and Goodman.

I myself found the music unmelodious and unmemorable.

Yes, “Death of Klinghoffer” is obviously biased. The composer and librettist admit that they had agreed to try to be neutral — pro and con Israelis, pro and con the Palestinians. Hence, the title: not “murder,” just “death.” The late Samuel Lipman, a renowned music critic, wrote in Commentary: “[T]he pretense of not taking sides, of ‘even-handedness,’ is just that — a pretense. For in treating the murder of Klinghoffer as a ‘death,’ and in viewing the incident through the lens of moral equivalence, the opera for all practical purposes endorses the claims of the Palestinian assassins.”

In agreeing to be neutral, the two tipped their hands. Americans in general are not neutral. Recent polls have found that 59 percent of Americans side with Israel, 13 percent with the Palestinians.

The main message of the opera — murky though it is — seems to be that, because some Palestinians fled their homes and some were forced out of them during the war of 1948, today’s Palestinians are justified in whatever they do to any Jews, including murdering a disabled, elderly Jewish American civilian. It is the same demented thinking that blames all Jews — everywhere, for all time — because a small group of Jews, 2,000 years ago, supposedly helped crucify Jesus. In short, this modern opera engages in crude, time-dishonored anti-Semitic thinking.  

In case any opera-goers fail to follow the argument, the filmed opera has the same actor, playing an Israeli Holocaust survivor who forces Palestinians out of their homes, wind up, years later, as a passenger abroad the Achille Lauro. To make it obvious, he has the same pattern of scars on his back.

The Jews aboard the cruise ship are mocked. Whereas Burt Lancaster and Eva Marie Saint as the Klinghoffers, in an earlier film, talk about their love for each other, Mrs. Klinghoffer in the Adams/Goodman opera chatters about illnesses.

The terrorists are not just romanticized, as musicologist Richard Taruskin has complained, but given the best music in the not-very-musically-interesting opera.

Asked about this in an interview, Goodman lost her temper. Should the terrorists have been given “ugly” music to sing? Well, how about appropriate music? There’s fine music for villains. Verdi wrote arias for Iago, Gounod wrote arias for Satan.

In fact, Goodman reported that Adams (and producer Peter Sellars, who had come up with the idea for the opera) wanted the terrorists in “Death of Klinghoffer” to be even more praiseworthy.

She demurred.  “They’re not Smurfs!” she told them. (Smurfs are harmless, humorous cartoon characters.)

Goodman grew up in Minnesota, the daughter of religious Jews. She converted to Christianity after becoming sympathetic to the Palestinians. “Even when I was a child, I didn't totally buy … the State of Israel being the recompense for the murder of European Jewry….” She is now a rector in the Anglican Church, living in England. She prepared herself to write “Death of Klinghoffer,” she has said, by reading the Koran.

Whether someone who has renounced a religion is a good candidate to write an opera dealing with adherents of that religion may be questionable. In any case, critics have blamed Goodman for the platitudinous longueurs of  “Death of Klinghoffer,” like the ending, which goes on and on, and the pretentious, junky language (something has “grown exponentially”; someone is a “rara avis”). She herself blamed the hostility toward the opera for not writing any more libretti.

Adams loathed two TV films already made about the hijacking, films sympathetic toward the hostages and hostile toward the terrorists. (Besides the Lancaster-Eva Marie Saint film, there was a Karl Malden-Lee Grant film.)
    
Adams and Goodman had also worked together on an earlier opera, “Nixon in China.” That also had its detractors. The New York Times chief music critic at the time, Donal Henahan, called the work “fluff,” and “worth a few giggles but hardly a strong candidate for the standard repertory.” James Wierzbicki of the St. Louis Post-Dispatch called the opera “more interesting than good ... a novelty, not much more." TV critic Marvin Kitman, wrote: “There are only three things wrong with ‘Nixon in China’: One, the libretto; two, the music; three, the direction. Outside of that, it's perfect.”

It is perhaps telling that Samuel Lipman wrote in Commentary, “Sadly, the most intriguing aspect of the production was also the most offensive: the presentation of Henry Kissinger, Nixon’s Secretary of State, as a lumpish, often clearly menacing and altogether sinister figure, mostly silent but always evil in aspect. Indeed, … Kissinger bears an uncomfortable resemblance to what might have appeared in an illustrated anti-Semitic tract of the 1930′s.”

Adams himself has said that his views on Israel and the Palestinians were strongly influenced by Edward Said, the late Columbia University professor. Said claimed to be  Palestinian, but it turned out that he had grown up as part of a wealthy family in Cairo. He was fiercely anti-Israel, and wanted Israel to no longer function as a Jewish state — though he conceded that Jews deserve a nation of their own.

Edward Alexander, a retired English professor at the University of Seattle, has called Said the “professor of terror,” and referred to “his thinly-veiled anti-Semitism and blatant anti-Americanism.” Said’s reputation suffered when he was spotted, while in Lebanon, throwing rocks across the border at Israeli soldiers.

Has “Death of Klinghoffer” actually been “censored,” as some commentators have claimed? Because it will now be shown in fewer places? “Censored” doesn’t seem to be the right word. No doubt certain works of art can produce tragic consequences. There are “copycat suicides,” sometimes called the Werther Effect after Goethe’s novel about a young man whose suicide was emulated by other young men at the time. (Norway may be the only country that now forbids the publication of news about suicides, though many media are careful when they transmit such stories.)

Another example: The film “Birth of a Nation,” a 1915 silent movie directed by D.W. Griffith, celebrated the monstrous Ku Klux Klan while portraying newly freed blacks (played by white actors in blackface) after the Civil War as unintelligent and as rapists. When it opened, riots broke out in Boston, Philadelphia, and other cities, with whites attacking blacks. Chicago, Denver, Minnesota, and Pittsburgh refused to let the film open. In Indiana, a white man, after viewing the film, murdered a black teenager.

Beyond the possible dire consequences of showcasing deeply controversial art, like depictions of Muhammed, there’s the question of offensiveness. Did the Met want to offend the Klinghoffer family? And offend Jews in general?

The Met had ample precedent for what it did. Glyndebourne and the Los Angeles Opera declined to present “Death of Klinghoffer,” and the Boston Symphony decided not to go ahead and offer excerpts.

Other works of art have been bottled up. A 1958 film version of “Porgy and Bess,” with Dorothy Dandridge and Sidney Poitier, was withdrawn by the estate of the Gershwin family apparently because African-Americans took offense at its depiction of black violence and drug-taking. Walt Disney’s “Song of the South” has been withdrawn because of its condescending attitude toward black people. And when is the last time you had an opportunity to see “Birth of a Nation,” considered one of the greatest of American films despite its crude racism?

True, certain classic works of art are anti-Semitic, yet are performed today quietly and without controversy. A few Wagner operas, Chaucer’s Canterbury Tales, Shakespeare’s “Merchant of Venice.”

But I think it’s safe to predict that “Death of Klinghoffer” will not become a classic, a permanent fixture in the operatic repertory.

Commentary’s Lerman has written: “As ‘Klinghoffer’ makes clear, [Adams] has a very limited number of musical tools…. The verdict, then, on Adams’s music, in ‘The Death of Klinghoffer’ no less than in the earlier ‘Nixon in China,’ is that it is at best utilitarian, a means of occupying the aural space….”

Peter Davis of New York Magazine wrote in June 2003, “Leaving politics aside … what strikes me as most offensive about the work is its sheer ineptitude…. Goodman’s libretto is worse than naïve –- it fails on just about every level…. All [Adams]… has managed to produce is a hopelessly meandering, tensionless score that sounds like the most vapid New Age pap.”


In short, Alice Goodman is no Hugo von Hofmannsthal, Richard Strauss’ gifted librettist. And John Adams is no Richard Wagner — at least as far as writing music is concerned.