Inventing a New Way to Listen to Music
Saturday, November 26, 2011
The Social Network 2
Monday, October 24, 2011
Facebook and the OpenGraph
Wednesday, August 17, 2011
Stop Coddling the Super-Rich
Published: August 14, 2011
~~~~~~~
Omaha
OUR leaders have asked for “shared sacrifice.” But when they did the asking, they spared me. I checked with my mega-rich friends to learn what pain they were expecting. They, too, were left untouched.
While the poor and middle class fight for us in Afghanistan, and while most Americans struggle to make ends meet, we mega-rich continue to get our extraordinary tax breaks. Some of us are investment managers who earn billions from our daily labors but are allowed to classify our income as “carried interest,” thereby getting a bargain 15 percent tax rate. Others own stock index futures for 10 minutes and have 60 percent of their gain taxed at 15 percent, as if they’d been long-term investors.
These and other blessings are showered upon us by legislators in Washington who feel compelled to protect us, much as if we were spotted owls or some other endangered species. It’s nice to have friends in high places.
Last year my federal tax bill — the income tax I paid, as well as payroll taxes paid by me and on my behalf — was $6,938,744. That sounds like a lot of money. But what I paid was only 17.4 percent of my taxable income — and that’s actually a lower percentage than was paid by any of the other 20 people in our office. Their tax burdens ranged from 33 percent to 41 percent and averaged 36 percent.
If you make money with money, as some of my super-rich friends do, your percentage may be a bit lower than mine. But if you earn money from a job, your percentage will surely exceed mine — most likely by a lot.
To understand why, you need to examine the sources of government revenue. Last year about 80 percent of these revenues came from personal income taxes and payroll taxes. The mega-rich pay income taxes at a rate of 15 percent on most of their earnings but pay practically nothing in payroll taxes. It’s a different story for the middle class: typically, they fall into the 15 percent and 25 percent income tax brackets, and then are hit with heavy payroll taxes to boot.
Back in the 1980s and 1990s, tax rates for the rich were far higher, and my percentage rate was in the middle of the pack. According to a theory I sometimes hear, I should have thrown a fit and refused to invest because of the elevated tax rates on capital gains and dividends.
I didn’t refuse, nor did others. I have worked with investors for 60 years and I have yet to see anyone — not even when capital gains rates were 39.9 percent in 1976-77 — shy away from a sensible investment because of the tax rate on the potential gain. People invest to make money, and potential taxes have never scared them off. And to those who argue that higher rates hurt job creation, I would note that a net of nearly 40 million jobs were added between 1980 and 2000. You know what’s happened since then: lower tax rates and far lower job creation.
Since 1992, the I.R.S. has compiled data from the returns of the 400 Americans reporting the largest income. In 1992, the top 400 had aggregate taxable income of $16.9 billion and paid federal taxes of 29.2 percent on that sum. In 2008, the aggregate income of the highest 400 had soared to $90.9 billion — a staggering $227.4 million on average — but the rate paid had fallen to 21.5 percent.
The taxes I refer to here include only federal income tax, but you can be sure that any payroll tax for the 400 was inconsequential compared to income. In fact, 88 of the 400 in 2008 reported no wages at all, though every one of them reported capital gains. Some of my brethren may shun work but they all like to invest. (I can relate to that.)
I know well many of the mega-rich and, by and large, they are very decent people. They love America and appreciate the opportunity this country has given them. Many have joined the Giving Pledge, promising to give most of their wealth to philanthropy. Most wouldn’t mind being told to pay more in taxes as well, particularly when so many of their fellow citizens are truly suffering.
Twelve members of Congress will soon take on the crucial job of rearranging our country’s finances. They’ve been instructed to devise a plan that reduces the 10-year deficit by at least $1.5 trillion. It’s vital, however, that they achieve far more than that. Americans are rapidly losing faith in the ability of Congress to deal with our country’s fiscal problems. Only action that is immediate, real and very substantial will prevent that doubt from morphing into hopelessness. That feeling can create its own reality.
Job one for the 12 is to pare down some future promises that even a rich America can’t fulfill. Big money must be saved here. The 12 should then turn to the issue of revenues. I would leave rates for 99.7 percent of taxpayers unchanged and continue the current 2-percentage-point reduction in the employee contribution to the payroll tax. This cut helps the poor and the middle class, who need every break they can get.
But for those making more than $1 million — there were 236,883 such households in 2009 — I would raise rates immediately on taxable income in excess of $1 million, including, of course, dividends and capital gains. And for those who make $10 million or more — there were 8,274 in 2009 — I would suggest an additional increase in rate.
My friends and I have been coddled long enough by a billionaire-friendly Congress. It’s time for our government to get serious about shared sacrifice.
Tuesday, August 9, 2011
Move
MOVE from Rick Mereki on Vimeo.
Thursday, June 23, 2011
For the love of Gawd, Vancouver

No, this is not about the Stanley Cup embarrassment.
Monday, June 20, 2011
Wise idiot

Last week on my radio show I sat down with Jackass number one, Steve-O, to discuss his recent publication, Professional Idiot: A Memoir. Thinking a book from the most famous self-mutilating clown at the turn of the century would be written in crayon and loaded with spelling and grammar errors would have you mistaken. It's not what you expect. Steve-O takes a large step back and provides an amazing account of his life and how he came to be broke, abused, and in a Psych ward after attempting suicide. Now completely sober and vegan, the man (progressed from the boy) has a life's worth of lessons to shed. It's worth every moment.
Tuesday, June 14, 2011
Authentic Creativity vs. Karaoke Culture

Thursday, June 9, 2011
Wednesday, June 8, 2011
Ahead of its time

Many of you are aware that this past May I completed a master's thesis in the study of music and American urban culture. For those of you who don't know, the paper--The Subway Sessions--was a sociological study on how the iPod is changing the way people use music as a response to their urban environment.
The idea came to me last summer, while doing an extended piece for BreakThru Radio that looked at the Music Under New York (aka 'MUNY') program. As my team's investigation into street musicians deepened, I began to pay attention to the habits of people on the subway who were engaged with personal listening devices more than I did the musicians struggling to make a buck. "I wonder what they are listening to?" was the first thought, immediately followed by "And how is that changing their perception of the environment?"
As summer turned into fall, I thought more and more about this oxymoronic 'public-private' soundtrack that lives in and under our streets. I eventually became so fascinated by the topic that I decided to pursue it as my major piece of graduate work.
When my research began last fall, there was little to nothing to be found that had been written on the topic. In the early 80s, just after Sony introduced the Walkman, a small onslaught of academic articles and studies (mostly from Japan for obvious reasons) appeared in musicological journals; but that was it. More recently, some bloggers of little academic or professional credential had postulated on what the effects of the iPod were in our society and to musicians, but it was difficult to find qualified research into this urban phenomenon.
It seems to me that ever since I finished my studies, there has been a deluge of work on this very topic. Some of it has been academic, like the article "Wall of Sound" that first appeared as an excerpt on Slate and was later published in full print in New York's n+1 magazine. This particular publication stung a bit. I had interviewed one of the editors at n+1 back in November, and we had discussed my thesis in detail. I was hoping to get it published in his magazine and he seemed to warm to the idea, which is why I was shocked to discover that n+1 had published a paper on this exact topic only two weeks before my thesis was turned in. The article's author, Nikil Saval, is a Ph.D. candidate at Stanford and assistant editor of n+1. I couldn't help but wonder, "Just how many subways are there in Stanford, California?"
Alas, not all of this, "What's on your iPod?" is academic. And thank God for that, for if it was it could get quite boring quickly. Take this Tumblr Web site for example, "What's On NYC?" that asks random New Yorkers with headphones on what songs they are listening to, and then maps and tags them on Google maps. This is exactly what I sought to track.
Smartphone apps are being developed by the day as well, or so it seems. We are seeing more and more technology that looks for ways to have fun and take advantage of individual urban soundtracks. Perhaps most famously, and successful, is Grammy's developed "Music Mapper" app, an application that lets you drop songs, write stories, and share your own "audiobiography" as you wander through life. Or, if you are more into seeing others lives than you are about sharing your own, you can pick up songs left by others and read what they have left for you within a specific radii of your location. Similarly, there is Schematic Labs developed "Soundtracking" app. It's kind of like Twitter, but with music. You can share what you are listening to on your iPhone with those who are in range of you and also have the same app. Similar, but more like Pandora radio, is Soundtracker, except it lets you see what your friends are listening to at any given moment as well as sharing your own music and using the application like a radio station.
There were times during my research when I was kicking myself for going the unconventional route on my graduate work. When I tried to explain to contemporaries what I was doing, including some professors, I often received sideways glances as if to say, "Where is the academia in that?" Now, I am almost moved to shock to see just how trendy my topic was.
The words 'academic' and 'trend' don't seem to fit together all that well. All of this recent pop culture Youtube and Smartphone Application design surrounding the "What are you listening to?" inquiry risks making my thesis be received as cheap in many pretentious academic circles. Yet there is a whole other side to this argument--my graduate work was slightly ahead of its time. Too often the formal academy waits too long to begin to dissect major shifts in culture. There are some sound arguments as to why this is, staying power and effect being the most popular, but at the pace of information-exchange in which we now live, it may be that this patience bow to reality.
I don't know if my graduate work was "ahead of its time" or "cheapened academia". You can be the judge of that. What is for certain, is the amount of attention this curiosity is getting all over the world. It seems I am not the only one who started asking "What are you listening to?" and then set out to share these soundtracks with the rest of the world.
Monday, June 6, 2011
Two Thumbs Up for Rock n Roll
Friday, June 3, 2011
The R.O.I Paradox

Scene: The Empire Hotel rooftop. 11:47pm, Friday night.
Attractive female: So... What do you do?
Me: Ummmm, I do a couple of things, but I am a student mainly.
Female: A grad student?
Me: Yeah.
Female: That's pretty cool. [Pauses. Sips cosmo.] MBA?
Me: No.
Female: What do you study?
Me: Ethnomusicology.
Female: Ethno-- what? I have never heard of that!
Me: I basically study the history of American music and how it relates to our culture and the American identity.
Female: That's pretty cool.
There is a long, awkward pause as I down the rest of my overpriced vodka and soda. She takes a long haul from her Parliament, staring off in another direction.
Female: So.... What are you gonna do with that?
The transcript is a conversation that I have had many times while living in New York. Ever since ditching my job in the Financial sector on Bay Street (Canada's version of Wall Street) and moving here to study the history of American music, I have been asked, and pondered myself, a million times what I was thinking. Like most graduate students pursuing arbitrary arts degrees, I quickly grew annoyed with the doubt and pity others have for those of us who have decided to forego a life in a cubicle in exchange for pursuing something desirous. Sadly, after two years of grad school and tens of thousands of dollars of debt, I wonder if the skepticism and pessimism directed my way was that unfair or inaccurate after all?
Fact: The amount of money Americans owe on student loans recently exceeded the nation's credit card debt. That's a tough pill to swallow, especially for those currently in or about to enter school. However, that cold, hard fact does not necessarily mean bad things if the debt is linked to someone pursuing a career in investment banking, software development, law or medicine. Regardless of how big a student's debt may be, for many professions, some simple budgeting techniques, discipline and common sense will see such students out of debt in five to ten years, and oftentimes much less. But what about the literature graduate student? Or the ethnomusicologist, the philosopher, Latin linguist, historian, or art curator? How will he or she get out of a $100,000 a financial hole on a $23,000 per year starting salary? The truth is most of them won't, or won't at any time soon, at least.
Making the decision to go back to graduate school has become tougher these days because of the costs involved. It calls into play the very old mathematical equation simply known as 'ROI'--an equation often used to measure problems in physics and economics, but is now used in so many other forms of logic. 'ROI' stands for "return on investment" and essentially measures how much of x one will receive back for every amount of x invested. X can stand for physical energy, mental energy, capital, time, effort, or whatever metric the person wishing to determine the calculation desires. It is a reliable formula that solves a simple problem: Am I going to get out more than I put in?
Perhaps the best example of this in modern science (or maybe the most important) that will fully help you to understand the importance of this equation is found in the oil deposits that run north-south through central-west North America. Scientists and geologists are fully aware of how rich the plains of Alberta, North and South Dakota, and Montana are. Just underneath the earth's surface are billions in oil sitting there for the taking. The problem is science has not yet figured out a way to extract the oil from the earth in a method that makes feasible sense. Yes, it can be extracted, but it takes more energy (i.e. 'use of oil in machinery') and costs more than would be gained from the oil itself. In other words, the ROI yields a negative result. Drilling on the other hand, whether it is in the ocean or from the sands surrounding the Red Sea, produces an ROI of great return and therefore continues to be the most profitable and used form of extraction. If we could just figure out a way to get the oil out of the plains as cheaply as we already do on our shores, the entire central-western region of this continent could become the new Saudi Arabia.
So what does all of this have to do with education and arts degrees? Well, it's simple--and depressing. The ROI of higher education in many disciplines is nil, if not grossly negative. That being said, one has to wonder why so many people still pursue it (including myself). It is fair to surmise that formal education is losing its clout on a resume. Employers seem to be less interested in one's classroom experience and more interested in practical experience when looking to hire permanent employees. Student financial aid expert Steve Kantrowitz has this piece of advice for those swimming in the decision: "It's smart if it's enabling you to invest in your future. But if you borrow more than your expected starting salary after you graduate, you're going to struggle to pay your loans." This is an excellent metric to use as a guideline. Before going back to school, one should ask themselves, "What job market will I enter upon graduating? What is the likelihood of being hired? And what are the starting salaries and long-term opportunities?"
To push the pessimistic reality even further, it is one thing to measure the starting salary versus the anticipated debt; it is another thing to determine if there will even be a starting salary! "I can see someone borrowing perhaps $10,000 a year if they're majoring in science, technology, engineering, mathematics, computer science or nursing," says Kantrowitz, the publisher of the FinAid and Fastweb websites. "But I can't see borrowing that amount of money for a degree in art, or humanities, or sociology, because the jobs just don't pay as well for those fields of study."
Justifying $50,000 spent on a master's in ethnomusicology is tough to do, especially when the careers obtainable with such a degree are limited to 1. Teaching other students of ethnomusicology, or 2. Becoming a music librarian. It is critical to note that in a majority of the cases, both jobs pay very little. If music is your dream, however, and you are miserable doing whatever else it is that you are doing, and you know you are not good enough to make it as a professional musician, then this presents the paradox: What is the price of happiness? Is it worth the interest of paying back $50,000 over twenty years? The fiscal ROI may not be even close, but including the added value of happiness in what you do may be enough to balance the equation.
If you were to take a loan out today for 50 grand and it took you 20 years to pay it back, the total cost of the loan would be close to $86,000 (assuming a 6% APR). Now, you would have to ask yourself: Is pursuing a career in something you love worth $86,000 plus the lost years of income while you were at school? Some would answer that it is and others, not a chance. One thing is for certain--the ROI, financially, is a major loss. What has to be brought into the equation is the price of happiness.
There are two schools of thought here. Two old, retired men sit at a bar sharing a couple of pints. Both worked their asses off for their entire lives selling life insurance, and both were less than eager for the profession. The one man, when asked about the fruits of his labor and the opportunity to go back in time and do it all over again offers the following: "I wouldn't change a thing. I got up every morning, worked hard, saved money, and here I am--retired, happy, and enjoying all that I have worked for. A job is a job. Americans today seem to think a job is about fun and happiness. There is no work ethic anymore. The dignity of hard labor and commitment has been lost."
The other gentleman chimes in: "I'd go back in a second, even if it cost me twice as much as $86,000. I would go right back to being a young twenty-something and risk it all to chase my dream and live a profession I'd be proud of and wasn't a job at all. There is no price tag on that. My advice is to go after it, whatever it costs, and live everyday of your life doing something you love regardless of the financial burden."

Thursday, June 2, 2011
Head's Up: Some Lingo fro the Front Lines

Tuesday, May 24, 2011
Happy Birthday Ole Boy

Thursday, May 19, 2011
I'm back. Here's to the city that puts the syrup on my flapjacks
Months getting through phase one of the Washington project, completing my thesis, and graduating, and I am happy to say I have come out alive.
More to come, but until I get to the writing--enjoy this little video that says it all about this great city.
Friday, March 18, 2011
Here Comes the Man



[2] ibid.
[3]Marcus, Greil. When That Rough Goes Riding (New York: Public Affairs, 2010) Pg. 140.


