Michael Lewis’s premise in The Fifth Risk is that Donald Trump and his minions are destroying essential parts of our Government. Lewis documents the hiring of incompetent candidates for many Government departments (their only commonality is their loyalty to Trump). Candidates hostile to the departments they’re supposed to run are the norm. Lewis maintains that all this dysfunction–like the Jenga game on the cover of The Fifth Risk–will eventually lead to collapse and disaster. Lewis says that Government is supposed to protect us. The current Environmental Protection Agency is NOT protecting us as programs are gutted and scientists are driven out. Willful incompetence and ignorance in the Trump Administration, along with record-breaking turnover in staffs, promises Big Problems ahead.

One of the more chilling stories in The Fifth Risk involves the beginning of the Transition Team. “In June, Chris Christie received a call from Trump Advisor Paul Manafort. ‘The kid is paranoid about you,’ Manafort said. The kid was Jared Kushner, Trump’s son-in-law. Back in 2005, when he was a U.S. Attorney for the District of New Jersey. Christie had prosecuted and jailed Kushner’s father, Charles, for tax fraud. Christie’s investigation revealed, in the bargain, that Charles Kushner had hired a prostitute to seduce his own brother-in-law, whom he suspected of cooperating with Christie, videotaped the sexual encounter and sent the tape to his sister.” (p. 18). And these are the type of people running our Government!

The Fifth Risk presents a troubling picture of how our Government is being deliberately crippled. GRADE: A
TABLE OF CONTENTS:
Prologue: Lost in Translation 15
I. Tail Risk 33
II. People Risk 81
III. All the President’s Data 127
Acknowledgements 221

Rookie quarterback Josh Allen sustained a lacerated ligament in his right elbow (on his throwing arm) so Allen will sit today. Nathan Peterman, the second year QB, imploded yet again at the end of the Houston Texans game as he threw TWO interceptions which lost the game for the Bills. The Bills went out and signed ancient QB Derek Anderson. And guess who is going to start today in Indy…yep, Derek Anderson. The Bills are 7 1/2 point underdogs to Andrew Luck and the Colts. How will your favorite NFL team do today?

Peter Gunn: The Complete Series collects all 114 episodes (47 hours!) on 12 DVDs. Peter Gunn lasted for three seasons from 1958 to 1961. I was just 9-years-old when I heard the throbbing Henry Mancini “Peter Gunn Theme” that would go on to win two Grammy Awards. As a kid, I wasn’t allowed to watch many episodes of Peter Gunn but the episodes I saw thrilled me!

I loved the music. Peter Gunn was the first TV program to feature modern jazz as its soundtrack. Blake Edwards, who created and produced Peter Gunn, actually directed a number of episodes. Edwards also recruited some of the best Hollywood directors like Robert Altman to do Peter Gunn episodes.

I also admired the suave private detective played by Craig Stevens (although he smokes too much). Peter Gunn’s girlfriend, the gorgeous jazz club singer Edie Hart (played by Lola Albright), comforts Gunn after he gets beaten up (happens a lot!). Herschel Bernardi plays Gunn’s cop friend, Lieutenant Jacoby.

STEELY DAN’s Donald Fagen, in Eminent Hipsters, wrote of Peter Gunn: “Edwards’ camera eye seemed to take a carnal interest in the luxe and leisure objects of the period, focusing on the Scandinavian furniture, potted palms, light wood panelling, and sleek, shark-finned convertibles. It was, in fact, all the same stuff my parents adored, but darkened with a tablespoon of alienation and danger.”

I’m only 40 episodes into Peter Gunn, but I’m enjoying myself as I work my way through the series. If you’re fond of classic TV detective shows, Peter Gunn is near the top of the list. Are you a fan of Peter Gunn? GRADE: A

A number of famous Science Fiction stories were published in 1940. Harry Bates’s “Farewell to the Master” became the source material for the classic movie, The Day the Earth Stood Still (1951). Also included in this anthology are two of the most chilling SF monster stories ever: Theodore Sturgeon’s “It” and A. E. van Vogt’s “Vault of the Beast.” I’m also fond of Fritz Leiber’s crafty “The Automatic Pistol” about a witch’s unusual familiar.

For some reason, Robert A. Heinlein’s publishers wouldn’t allow Asimov/Greenberg to include some of Heinlein’s classic stories. Fortunately, I had the banned stories in other collections. “Requiem” is a bit of a maudlin story about one of the space pioneer’s in Heinlein’s Future History. “Coventry” show’s Heinlein’s extreme political position on freedom and liberty (Asimov disagrees with it…and I do, too). “Blowups Happen” was the first story to suggest nuclear power stations could present dangerous problems. The Great SF Stories #2 records the development of the SF genre and its evolution in quality. GRADE: A-
TABLE OF CONTENTS:
Introduction 9
*”Requiem” by Robert A. Heinlein (ASTOUNDING SCIENCE FICTION, January 1940) 12
“The Dwindling Sphere” by Williard Hawkins (ASTOUNDING SCIENCE FICTION, March 1940) 13
“The Automatic Pistol” by Fritz Leiber (WEIRD TALES, May 1940) 30
“Hindsight” by Jack Williamson (ASTOUNDING SCIENCE FICTION, May 1940) 46
“Postpaid to Paradise” by Robert Arthur (ARGOSY, June 1940) 65
* “Coventry” by Robert A. Heinlein (ASTOUNDING SCIENCE FICTION, July 1940) 79
“Into the Darkness” by Ross Rocklynne (ASTONISHING STORIES, June 1940) 80
“Dark Mission” by Lester del Rey (ASTOUNDING SCIENCE FICTION, July 1940) 108
“It” by Theodore Sturgeon (UNKNOWN, August 1940) 125
“Vault of the Beast” by A. E. van Vogt (ASTOUNDING SCIENCE FICTION, August 1940) 149
“The Impossible Highway” by Oscar J. Friend (THRILLING WONDER STORIES, August 1940) 176
“Quietus” by Ross Rocklynne (ASTOUNDING SCIENCE FICTION, September 1940) 191
* “Blowups Happen” by Robert A. Heinlein (ASTOUNDING SCIENCE FICTION, September 1940) 205
“Strange Playfellow” by Isaac Asimov (SUPER SCIENCE STORIES, September 1940) 206
“The Warrior Race” by L. Sprague de Camp (ASTOUNDING SCIENCE FICTION, October 1940) 219
“Farewell to the Master” by Harry Bates (ASTOUNDING SCIENCE FICTION, October 1940) 237
“Butyl and the Breather” by Theodore Sturgeon (ASTOUNDING SCIENCE FICTION, October 1940) 276
“The Exalted” by L. Sprague de Camp (ASTOUNDING SCIENCE FICTION, November 1940) 297
“Old Man Mulligan” by P. Schuyler Miller (ASTOUNDING SCIENCE FICTION, December 1940) 321
*”A set of stories by Robert A. Heinlein were intended for this volume but arrangements for their use could not be made. Greenberg and Asimov’s notes for each are included in their stead.”

Buffalo’s reputation for chicken wings and pizza is rivaled by foodies who refer to the city as Hot Dog Heaven. We have delicious Sahlen’s hot dogs and yummy Wardynski Natural/Sheep Casing Hot Dogs. You would think that I would be happy with those excellent choices, but when BJ’s Warehouse sent us a coupon for Nathan’s hot dogs, I figured I’d give them a try.

Compared to Sahlen’s and Wardynski’s hot dogs, Nathan’s has a more salty taste. During cooking, Sahlen’s and Wardynski’s hold their shape while Nathan’s casing split and caused the juices to run out of the hot dog. I’ll stick with Sahlen’s and Wardynski’s in the future. Do you have a favorite hot dog? GRADE: C

With the Stock Market plunging over a thousand points, interest rates going up, and a Recession on the horizon, this is a good time to think about money. William Bernstein, former neurologist and savvy investor, writes: “The name of the game is not to get rich, but rather to avoid dying poor. In fact, if you follow the advice in this book, I can guarantee you that you will not get fabulously wealthy. Rather, I’ve striven to simultaneously maximize your chances of a comfortable retirement and minimize your chances of living out your final years in poverty. I know of no more laudable or worthy investment goal.” (p.193)

Since many of us may have decades of Life ahead of us, making smart moves with our money makes all the difference between a comfy Retirement and Disaster. Bernstein shows how money works and how to hedge against unexpected calamities. I really enjoyed Bernstein’s writing style. Many finance books can be as dry as sand, but The Investor’s Manifesto is lively and clever. Bernstein’s examples are fun reading. If you want to tweak your investment strategy and budget for the long haul, The Investor’s Manifesto is the place to start. Are you ready for the Tough Times ahead? GRADE: A
TABLE OF CONTENTS:
Foreword ix
Preface xiii
Chapter 1 A Brief History of Financial Time 1
In the Beginning 2
Near-Death in Venice 8
The Incredible Shrinking Risk Premium 11
Summary 12
Chapter 2 The Nature of the Beast 13
Of Ravens and Returns 13
History versus Math 18
Mr. Gordon’s Curious Equation 25
Math Detail: The Discounted Dividend Model 29
Home Sweet Home? 35
Adventures in Equity 38
Math Detail: Risk 43
Throwing Dice with God 47
Gene Fama Looks for Angles and Finds None 49
Sandbagged by a Superstar 52
Jack Bogle Outfoxes the Suits 56
It Is Better to Be Lucky Than Smart 63
Bond Funds: A Flatter Playing Field 64
Summary 65
Chapter 3 The Nature of the Portfolio 69
Four Essential Preliminaries 71
The Asset Allocation Two-Step 74
Math Detail: Mean-Variance Analysis 83
With Luck, Zigs, and Zags 84
Chasing Rainbows 88
Summary 93
Chapter 4 The Enemy in the Mirror 95
Inner Demons 97
Behaving Badly 100
Bargain-Basement Psychotherapy 116
Summary 125
Chapter 5 Muggers and Worse 127
The World’s Largest Bad Neighborhood 128
The Fund Funhouse 135
Summary 142
Chapter 6 Building Your Portfolio 143
Financial Planning for a Lifetime: The Basics 143
Saving for Retirement: Nuts and Bolts 145
How to Save: Dollar Cost Averaging and Value Averaging 152
Four Investors, Four Plans 154
The Rebalancing Question 166
Math Detail: Rebalancing, Momentum, and Mean Reversion 169
Teach Your Children Well 172
Summary 174
Chapter 7 The Name of the Game 179
Investment Theory and History: The Short Course 180
The Portfolio Theory of Everything 181
We Have Met the Enemy, and He Is Us 181
Heads I Win, Tails You Lose 182
Fire When Ready 182
The Books You Need . . . Aged Like Fine Wine 185
Notes 188
Acknowledgments 193
About the Author 195
Index 196

John Constantine is a “blue-collar” occult investigator. Constantine lives with the knowledge that he sent a little girl to Hell because he arrograntly summoned a demon without taking precautions. In Constantine: City of Demons, Constantine’s friend Chas Chandler desperately asks Constantine to help save his daughter, Trish, who is in a demonically induced coma.

I’ve enjoyed these DC Animated features and Constantine: City of Demons is one of the best in the series. Constantine requires aid from the mysterious Nightmare Nurse, the enigmatic Queen of Angels, and the ancient Aztec God, Mictlantecuhtli, to confront his powerful demon opponent. “There’s always a price to pay,” Constantine tells Chas when Dark Magic is involved. He turns out to be right. GRADE: A-

In the aftermath of last week’s STEELY DAN concert, I turned to Major Dudes: A Steely Dan Companion edited by Barney Hoskyns. This book collects reviews and interviews with Walter Becker and Donald Fagan from the 1970s to the present. Reading reviews of STEELY DAN’s early albums shows that many critics didn’t know what to make of this kind of music. One critic dismissed the music of Becker/Fagen as “hospital music.” Yet reviews from the 1990s and 2000s show that the music world finally caught up to what STEELY DAN was doing forty years ago.

If you’re a STEELY DAN fan, you’ll enjoy the insights in this volume. Much is made of the way each album was recorded and how the songs were crafted. Plenty of background information on the musicians and the recording techniques are included. I came away more appreciative of what Walter Becker, Donald Fagan, and their legions of studio musicians accomplished. GRADE: A
TABLE OF CONTENTS:
Acknowledgements p. xi
A Squonk’s Tears – Steely Dan at forty-five p. xiii
1 Thrill Seekers p. 1
1 Rock and roll via Third Stream p. 3
2 Review of Can’t Buy A Thrill p. 10
3 Get Your Thrills Here p. 12
4 Counting Down to Headline Status p. 15
5 Review of Countdown to Ecstasy p. 21
6 Walking Slow, Drinking Alone, And Moving Swiftly Through The Night … p. 23
2 Dark Companions p. 31
1 Review of Pretzel Logic p. 33
2 Band Breakdown p. 36
3 Review of Katy Lied p. 47
4 Yes, it’s Steely Dan Versus the Fifth Ice Age p. 49
5 Review of The Royal Scam p. 63
6 Art for Art’s Sake p. 66
3 Glamour Professionals p. 101
1 Review of Aja p. 103
2 Retrospective review of Aja p. 106
3 Steely Dan Dare to give Sylvie Simmons a more-open-than-usual interview p. 108
4 Retrospective review of Gaucho p. 122
5 Disaster and Triumph in the Custerdome p. 127
4 New Frontiersmen p. 143
1 Review of Donald Fagen’s The Nightfly p. 145
2 Donald Fagen Revisits an Era of Innocence p. 148
3 Walter Becker: Breaking the Silence p. 155
4 Donald Fagen; Reeling In The Years p. 160
5 Review of Fagen’s Kamakiriad p. 165
6 Donald Fagen: The Man Who Came in From the Cool p. 167
7 The Dream Ticket p. 174
8 Review of Becker’s 11 Tracks Of Whack p. 179
5 Heavy Rollers p. 183
1 Stand-Up Rock’n’Roll: The Return of Steely Dan p. 185
2 Review of Show at Wembley Arena, London p. 214
3 Review of Two Against Nature p. 217
4 Hey Nineteen: It’s About Time p. 221
5 Steely Dan and Jazz p. 227
6 Review of Everything Must Go p. 234
7 A Droll Double Act p. 235
6 Grey Eminences p. 243
1 Review of Fagen’s Morph The Cat p. 245
2 At Long Last, Fagen Puts The ‘Cat’ Out p. 247
3 Becker’s Circus Money p. 250
4 Review of Fagen’s Sunken Condos p. 253
5 Donald Fagen p. 255
6 Review of Fagen’s Eminent Hipsters p. 260
7 Icon: Donald Fagen p. 278
8 Walter Becker, 1950-2017 p. 289
Contributors p. 295
Index p. 305

After the Buffalo Bills managed a last second (literally!) field goal to snatch a 13-12 Victory from the jaws of the Tennessee Titans the week was dominated by trade rumors. The Philadelphia Eagles, who lost their starting running back Jay Ajayi to a torn ACL, contacted the Bills about a trade for troubled running back LeSean McCoy. McCoy has plenty of off-field problems with abuse accusations by his former girlfriend. McCoy is also 30-years-old–ancient by running back standards. Our local Sports Talk radio station answered dozens of fan phone calls advocating trading or keeping McCoy.

Meanwhile, Vegas made Buffalo a 10-point underdog to the Houston Texans. How will your favorite NFL perform today?

I know most of the audience for the STEELY DAN concert at the Shea’s Performing Arts Center collect Social Security and have weak bladders, but the constant flow of people streaming up and down the aisle during this sold-out performance was very annoying!

The STEELY DAN Band sounded great! The Danettes (backup singers) soloed on “Dirty Work” and earned a standing ovation. Donald Fagen was less chatty than he was at last year’s concert–which is a Good Thing. I was hoping this concert would include two of my favorite STEELY DAN songs–“Deacon Blues” and “FM–but I was disappointed. Maybe next year…

For the Buffalo News review of the concert, just click here. Do you have a favorite STEELY DAN song? GRADE: A
SET LIST:
Hallelujah Time
Bodhisattva
Hey Nineteen
Black Friday
Aja
Black Cow
Time Out of Mind
Kid Charlemagne
Rikki Don’t Lose That Number
Babylon Sisters
Dirty Work
The Goodbye Look (Donald Fagen song)
Peg
Keep That Same Old Feeling (The Crusaders cover) (with band introductions)
Josie
My Old School

Encore:
Reelin’ in the Years
A Man Ain’t Supposed to Cry (Joe Williams cover)