Conspiracies of the Ruling Class: A Must Read

Ideas Rule The World

Every once in a while I come across a quote that I particularly like.  I’ve had this for quite some time and thought I would share it with you.

Congratulations, Chuck!

I’ve said before that I prefer to look forward, so I’m generally not a fan of dinners honoring past accomplishments.  But when the Museum of American Finance awarded my friend and longtime competitor Chuck Schwab its Financial Innovation Award, I was happy to be there, along with TD Ameritrade’s current and incoming Chief Executive Officers, Fred Tomczyk and Tim Hockey, and several members of TD Ameritrade’s Board of Directors, including my son Todd.  For nearly fifty years now, Schwab and Ameritrade have been at the vanguard of a revolution in personal finance that has empowered countless individuals to take control of their own futures. Congratulations, Chuck!

The Gettysburg Replies Project

I am student of history, so I was excited last year when I learned that the Abraham Lincoln Presidential Library and Museum was sponsoring what they were calling the Gettysburg Replies project.  The project challenged presidents, judges, historians, filmmakers, poets, actors, and others to craft 272 words of their own to celebrate Lincoln, the Gettysburg Address, or a related topic that stirs their passions. (272 words may not sound like a lot, but it was all President Lincoln needed to write what most folks consider one of the greatest speeches of all time.) The project included contributions from President Jimmy Carter, Supreme Court Justice Sandra Day O’Connor, General Colin Powell, filmmaker Steven Spielberg, Poet Laureate Billy Collins, and many others, including yours truly.  The hardcover book looks great and you can buy a copy from the Abraham Lincoln Presidential Library store here.

I was honored to be included in this fun and interesting project.  My contribution, in 272 words (you can count them), is reprinted below:

In November of 1863, when President Lincoln went to Gettysburg to dedicate the new cemetery there, my great-great-grandfather Richard Rutter Ricketts was working the land at his farm in southwestern Iowa. Born in 1802, Richard was too old to fight in the still raging Civil War, but he was hardly indifferent to the struggle. Richard had grown up surrounded by slavery. As an apprentice carpenter in Baltimore, and later in New Orleans (where he made coffins during the terrible cholera epidemic of 1832), he worked alongside slaves, witnessing firsthand the injustice of their plight. Slavery may have been a settled part of his world, but it was not something he could abide, and in the 1840s, after he married my great-great grandmother Charlotte Platt Ricketts, an ardent abolitionist from a family of abolitionists, he joined the anti-slavery cause in earnest. When he and Charlotte moved to Iowa in the 1850s, they became active participants in the Underground Railway, their farm in Civil Bend, near the Missouri River, serving as a well-known transit point for escaping slaves.

Lincoln’s speech at Gettysburg was reported widely at the time, and there is little doubt that Richard and Charlotte heard about it. I’m sure its words resonated deeply with them. The proposition that all men are created equal was a defining principle of their lives, as was the notion that the great task of securing freedom remains a continuing obligation for us all. It’s a legacy I’ve spent my life trying to honor, for it remains every bit as pertinent today as it was when Mr. Lincoln first spelled it out back in my great-great-grandparents’ time.

Nebraska City and Arbor Bank’s J. Sterling Morton Award

I was born and raised in Nebraska City, and while I’ve done many things since leaving there when I was 18, something of that place stays with me to this day. It’s hard to put into words, but if I were to try, I’d say it’s the values of integrity and consistency – values I’ve tried to bring to my life and my work.

So it was a great honor when Grant Gregory informed me that Arbor Bank, which is headquartered in Nebraska City, had decided to bestow the J. Sterling Morton Award on me. The oldest state-chartered bank in Nebraska, Arbor Bank – or Otoe County National Bank of Nebraska City, as it was known back then – was the financial cornerstone for my family growing up.

Like everyone who grew up in Nebraska City, I was familiar with J. Sterling Morton. The founder of Arbor Day and a former cabinet officer who returned to the United States Treasury 20% of his department’s appropriated budget when he served as Secretary of Agriculture, Morton had a powerful commitment to environmental conservation and government fiscal responsibility that resonates strongly with me. Indeed, I’ve tried to champion the same values of environmental conservation (through the Ricketts Conservation Foundation) and fiscal responsibility in government (through Ending Spending), so it is a particular honor for me to receive an award that bears his name. I particularly like this quote by Morton:

There is no aristocracy in trees. They are not haughty. They will thrive near the humblest cabin on our fertile prairies, just as well and become just as refreshing to the eye and as fruitful as they will in the shadow of a king’s palace.

The Museum of Nebraska Art’s Exhibition “Scenes of a 19th Century Journey: Paintings by Alfred Jacob Miller”

The Ricketts Art Foundation has been working hard with The Buffalo Bill Center of The West and the Museum of the Mountain Man to create the world’s largest online catalogue for Alfred Jacob Miller’s artwork. FUR TRADERS AND RENDEZVOUS: THE ALFRED JACOB MILLER ONLINE CATALOGUE is expected to launch in the summer of 2015.

In the meantime, I am excited that The Museum of Nebraska Art is presenting an exhibit entitled “Scenes of a 19th Century Journey: Paintings by Alfred Jacob Miller” that will feature the Ricketts Art Foundation’s Miller artwork. The exhibit runs until June 21, 2015 and, on April 4, 2015, the museum is hosting a special reception featuring Peter Hassrick, among the foremost experts in Miller and his work. You can learn more about The Museum of Nebraska Art’s exhibition here:

I hope those of you who have the opportunity to do so visit The Museum of Nebraska Art and see Scenes of a 19th Century Journey: Paintings by Alfred Jacob Miller.

Why I’m a Conservationist (not an Environmentalist)

Recently I was expressing my frustration to a friend about how environmentalists have hijacked the policy discussion around environmental issues and driven it in the wrong direction. I was explaining how environmentalists were forcing costly regulations on our society without, as Steven Koonin has put it, “acknowledging not only the scientific certainties but also the uncertainties, especially in projecting the future.” (Steven Koonin discusses this issue in his piece Climate Science is not Settled that ran in the WSJ on September 19, 2014.)

I continued explaining to my friend that environmentalist rhetoric has, unfortunately, cast this as a battle between those who love nature and those who wish to exploit it. In doing this, they’ve framed the issue in “us versus them” terms where you’re cast as an evil polluter if you want to have an informed discussion about appropriate regulatory scope. But an informed discussion on these issues is critical, for without it, we’re at risk of basing policy on guesswork. And while that’s never a good idea, it’s particularly bad where the costs of incorrect policy to our environment and economy are enormous!

“Wait a minute Joe,” my friend interrupted, “take a breath! I thought you were an environmentalist?”

“No,” I responded, “I’m a conservationist.”

“What’s the difference? And does it really matter that much?” he asked.

* * *

I’ve spoken often of my conviction that we all have a responsibility to do everything we can to preserve and protect the beautiful natural landscapes and abundant natural resources to be found in our great country (especially those of us lucky enough to live in Wyoming’s Upper Hoback Valley). This is why I’ve spent so much time and money over the years working on projects like the effort to preserve the Wyoming Range, the campaign to protect the Hoback Basin from oil and gas drilling, and our ongoing study to reestablish the Common Loon in its former breeding range.

This activism of mine surprises some people, who ask me if I’m an environmentalist. The answer is no. What I am is a conservationist.

Environmentalists believe in their hearts that man is an intruder in nature – that we have no business cutting timber or building dams or otherwise making use of any of the natural riches God has bestowed on us. The best thing we can do with wilderness areas, they say, is to leave them alone. To paraphrase John Muir, the man generally credited with being the father of environmentalism, when it comes to the great outdoors, we might occasionally look, but we should never touch.

Conservationists, on the other hand, believe that human beings are just as much a part of the natural ecosystem as any black bear, cutthroat trout, or trumpeter swan. That said, while humans may have the right to make use of nature’s bounty, we can, if we’re not careful, wreak havoc with the landscape. As a result, conservationists recognize that we have a special responsibility to be vigilant stewards of the environment. This means living up to the tenets of sustainability and balanced use that are so important to the continued health of all natural ecosystems.

This at least is how I see it, and it’s why I created the Ricketts Conservation Foundation. To my way of thinking, environmental stewardship is an enduring value that is everyone’s responsibility. We shouldn’t squander nature’s riches, but neither should we shy away from them. As with most important things in life, the key is balance and understanding.

And that brings me to the chief concern I have with environmentalist rhetoric, which often makes having a responsible and informed discussion about these issues impossible. It seems that if you want to acknowledge the limits of our scientific knowledge, and how those limits should inform the appropriate scope of regulation, you’re a pariah, hell bent on destroying the environment. But predicting the future is never easy, particularly when dealing with cause-and-effect within complex environmental systems. So there are some things we know for sure, and other things that we believe are true. Promulgating costly regulation supported by hypothesis rather than science is a very dangerous game for both the environment and our economy. To my mind, engaging in honest and informed discussion about these issues is among our responsibilities.

A Great Day for Nebraska

January 8 will be a great day for the people of my native Nebraska, but it will be even more special for the Ricketts family. On that day, my son Peter will be inaugurated as the state’s 40th Governor. As you might imagine, his mother and I, as well as his sister and brothers – not to mention, of course, his wife and children, and all his nieces, nephews, and in-laws – couldn’t be prouder.

Marlene and I raised our children not only to be self-reliant and hard-working, but also to believe in the importance of public service. Peter embodies these qualities, as do his siblings – all of whom, I am happy to say, have made contributing to their communities a central part of their lives.

It’s fashionable these days to deride public service as a discredited enterprise, and Lord knows the behavior of too many of our so-called political leaders in recent years has been nothing short of disgraceful. But the ideas that made America what it is today – the founders’ commitment to freedom and justice and the notion that the only limitations on how high a person can rise should be those set by his or her own intelligence, grit, and willingness to work – all involve a sense of responsibility not just to ourselves and our families, but to the larger communities in which we live. So if we’re going to keep this country great, we can’t give up on public service.

I’m proud of Peter, not simply for running a fine campaign and winning an election, but for all the work he’s done and will be doing in the years to come on behalf of his fellow Nebraskans. I think Nebraska will benefit from the wisdom and character of Governor Peter Ricketts.

Congratulations Peter, I’m very proud of you!

Our Neighborhood Moose

One of the great things about life in Wyoming’s Upper Hoback Valley is the amazing variety of wildlife we have as neighbors. Among other things, the Hoback Basin is home to one of the largest herds of Shiras moose in the continental U.S. This majestic animal is actually the smallest of the four kinds of moose found in North America, but it’s no shrimp-a full-grown Shiras bull can weigh up to 1,800 pounds and measure seven feet tall at the shoulder.

For the past three years, a research group from the University of Wyoming has been studying the Shiras moose in our area, with an eye to learning as much as we can about their migration routes, breeding patterns, and nutritional conditions. It’s been my privilege to help support this effort financially. The idea is to build up a database so we can have an informed perspective about how changing habitats are impacting our wild neighbors. Among the report’s observations – you can read the most recent research reports here (2013) and here (2014) – is that the local herd is not getting enough to eat and, as a result, not as many Shiras calves are being born and adult survival rates are dropping.

One of the things that led me to get involved in last year’s successful campaign to buy up oil and gas leases on some 58,000 acres of land in the Hoback Basin was my concern over the possible impact widespread oil- and gas-drilling might have on wildlife like the Shiras moose. The ongoing moose study is an important way to ensure we make informed decisions in our role as custodians of these natural treasures.

Think Big, Start Small, Scale Fast

In May 2013, I blogged about the tablet computer program that Opportunity Education Foundation would be piloting in Tanzania. Since then, a dedicated team has worked tirelessly to prepare for the launch of this important program.

Ricketts - Think Big, Start SmartSo it was a real thrill for me last month to be able to personally visit each of the Tanzanian schools participating in the pilot. The schools were a mix of public and private institutions spread throughout the Tanzanian mainland and the state of Zanzibar. The excitement everywhere we went was palpable, and I was honored to meet President Kikwete of Tanzania and President Shein of Zanzibar, and to learn about their commitment to using technology to magnify educational impacts.

As I traveled to each of the pilot schools, it was truly wonderful to see the enthusiasm of the students, teachers, and school administrators. I made it a point to ask students what they wanted to be when they grew up. The answers were astounding and inspiring: a pilot, a lawyer, a neurosurgeon, a veterinarian, an astronaut, a teacher, and a psychologist. But most gratifying of all was seeing our Opportunity Tablets in the hands of children who are so keen to work hard and improve their lives.

Ricketts - Think Big, Start SmartThe experience left me more certain than ever that education can be the catalyst for breaking the cycle of poverty. But that’s the “Think Big” part of it. First, we need to “Start Small,” and I believe this pilot program for 1,000 children will be an excellent way for us to quickly flatten the learning curve and find out how this effort could scale.

As the pilot year progresses and we learn more from it, I will post periodic updates.

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