Thank you, Michael Barrett

What a difference a week makes.
Last Sunday, Roy O nailed Michael Barrett and the Cubs pounded the Stros so badly that I wrote off the Stros playoff chances completely. Just to make sure, the Cubs pounded a listless Stros team again this past Thursday. The Stros appeared washed up.
Then, the Cubs’ Barrett confronted Oswalt in the batters’ box in the second inning of Friday’s game and, almost magically, the fortunes of these two clubs changed. The Stros were galvanized, and started cranking against any Cubs pitcher who took the mound. On the other hand, the Cubs began pitching and playing tentatively, and before you know it, the Stros had scored 32 runs in the final three game of the series, won them all, and now find themselves four games out of the Wild Card playoff spot with 32 games to go.
I don’t think the Stros can win the Wild Card, but I did underestimate the pluckiness of this club. They will not go down meekly. They have now won 11 of their last 14 games.
Lance Berkman homered and Carlos Hernandez earned his first major league win in almost two years in leading the Stros to a 10-3 win over the Cuts at Wrigley on Sunday afternoon in the final meeting of the two clubs’ chippy season series. Jeff Bagwell capped a big weekend with three hits for the Stros as he went 10-for-18 with seven RBI in the four game series.
As was typical of the last five games between the clubs, getting hit by pitches was a big part of the game. Carlos Beltran left with a bruised knee after he was hit by a pitch in the eighth inning and is day-to-day. Later in the inning, Berkman was plunked in the helmet by Cubs’ reliever Mike Remlinger. Berkman went to the ground and stayed down for several minutes.
Incredibly, Remlinger and some of the idiot Cubs believe Berkman was pulling a stunt. Accordingly, in one of the more classless displays that I have seen in quite some time, a good part of the Cubs crowd actually booed Berkman when he came to the plate again in the ninth!
The Stros proceeded to score five times in the eighth inning to add to its 5-3 lead and put this one away for Hernandez, who was making his fourth start after coming up from AAA New Orleans, Hernandez allowed three runs and six hits in 5 2/3 innings.
The benches emptied for the second time in the four-game series and the third time in a week when new Stros reliever Dan Wheeler (just acquired from the Mets) hit Derrek Lee in the back with a pitch in the ninth (what did the Cubs expect after the Beltran and Berkman beanings?). Wheeler and Garner were ejected and Remlinger and JK jawed with each other colorfully, but no punches were thrown.
The Stros are now off to Cincy to face the Reds, who have the worst pitching staff in Major League Baseball. So, it is time for the Stros to pad their hitting statistics, particularly given that Pete Munro and Brandon Backe are doubtful to keep the hard-hitting Reds’ lineup from scoring quite a few runs in the first two games of the series. After three games in Cincy and an off day on Thursday, the Stros return to the Juice Box for a weekend series with the Pirates and three more next week with the Reds.

Rice University — excellent but underachieving?

University of Texas Law Professor Brian Leiter posts this excellent summary analysis of Houston’s Rice University, in which he notes Rice’s relative excellence in comparison to its even greater potential. Based on Professor Leiter’s insight, new Rice president David Leebron would be smart to retain him as a consultant.
My late father, who was an esteemed professor of medicine for years at the University of Texas Medical School in Houston’s famed Texas Medical Center, thought that Rice — which is located adjacent to the Medical Center — had always underdeveloped the research opportunities and resources that the Rice faculty could tap within the Medical Center. He observed that Rice’s failure to seize this opportunity allowed the University of Texas to step into the breach in the late 1960’s and establish the second research institution (to Baylor College of Medicine) in the Medical Center. Even with UT’s success in the Medical Center (particularly with the phenomenal M.D. Anderson Cancer Center), the Medical Center has now grown to such an extent that Rice could harvest much greater research opportunities there and become as integral a force in Medical Center research as UT and Baylor.

Taps for the Corps?

This Sunday Chronicle op-ed by Houstonian James A. Reynolds, III examines an important facet of Texas’ indelible culture — the Texas A&M Corps of Cadets — and laments the high risk that the Corps will soon wither away at A&M:

The Corps of Cadets at Texas A&M University is dying.
This venerable organization, a prominent component of our state’s first publicly funded institute of higher learning, is withering away. I believe it will be gone within 10 years, perhaps even less.
While our state’s population and Texas A&M’s enrollment are straining upward, accordingly propagating bringing across-the-board expansion for all academic programs, clubs, sports and other activities, the Corps as a whole simply is not following suit. The Corps is, rapidly and inevitably, perishing.

Mr. Reynolds then zeros in on why Corps enrollment is declining:

Compulsory military service after graduation is not a factor. A substantial number of Corps members have no military ambitions at all, and participate as drills and ceremonies cadets, with no armed forces obligation whatever. They merely want to be in the Corps.
The fundamental problem with attracting and retaining Corps members is the difficulty of one’s freshman year in the Corps, the relatively harsh experience of being a “fish.” First-year cadets begin as identical, powerless tiles in a self-contained societal mosaic composed of myriad artificial and onerous rules, requirements and traditions. . .
From the instant you step into the Corps, you relinquish your former self and become fish Jones or fish Reynolds or, as our own governor knows, fish Perry — lacking even the privilege of capitalizing your first name.
Challenging enough when Texas A&M was a small, isolated cow college, the burdens of being a fish today are magnified among a student population dominated by non-regs, ordinary college kids dwelling in a carefree state of parent-funded utopia. The non-regs sleep and eat when the want, they stroll leisurely to classes, they wear shorts and sandals, they shave or don’t, their lives are their own.
Not so for a Corps fish.
Last year at A&M with my old boss, watching cadets prepare to march on Kyle Field before a football game, we saw a dozen struggling, sweating Aggie Band fish double-timing by, each hauling two huge silver sousaphones to the assembly area.
“Look at these kids,” he said. “This is miserable work, but they do it. Most college kids these days just aren’t interested in doing this sort of thing. They look down on it. It’s beneath them. Fact is, it’s just too hard. They can do it, but they don’t like difficult stuff, they hate discipline. They all want point-and-click, immediate gratification. They all want everything to be easy and effortless.”
Which means fewer and fewer incoming Texas A&M University students want to be in the Corps.

Mr. Reynolds then describes the rigidly structured life of a “fish” in the Corps:

The fish must attend all Corps formations and functions. Their dorm rooms are austere, their uniforms plain but perfectly maintained, their privileges nonexistent. The fish must learn the names of all the upperclassmen in their dorms, employing an age-old introductory process, and greet them by name thereafter — causing all shyness to vanish. Freshmen perform numerous duties in their units, from keeping the hallways clean to sounding whistle calls announcing meals and events.
They are constantly supervised by upperclassmen, especially dominated by sophomores who only recently were fish themselves — and whose vigor for enforcing the rules is judiciously tempered by juniors and seniors. The relaxed lifestyle attained after completion of one’s sophomore year allows unalloyed love for the Corps to blossom, along with deep appreciation for the fish experience. But the sophomores are relentless, intent upon ensuring that freshmen toe the line in all respects.
Like it or not, this is a form of hazing. It’s not the horrendous sort of fraternity pranks and initiation rites that yield injurious humiliation — though A&M, like every college, has known isolated occurrences of such — but the infliction is systematic and constant.
For a fish, the Corps is a total-immersion endeavor — every waking moment dictated by regimen, responsibilities and demands of the uniform. Everyone in the Corps, from the newest fish to the eldest senior, scoffs at the “hell week” concept used by fraternities, sororities and other college organizations. One little week of collegiate hell is literally laughable, compared to your fish year in the Corps.

So, what is the purpose? What is the value? Mr. Reynolds answers:

I have met numerous A&M former students who were not in the Corps, but declare they wish they had been. I have yet to encounter a single Corps graduate, male or female, who regretted the experience, who would have attended A&M as a non-reg.
An old boss of mine, a band member Class of ’63, insisted the Corps literally saved his college career, with its upperclassman-enforced nightly study time on Sunday through Thursday. Overall, Corps grades are higher than the general student average.
Several years ago, a friend worried terribly about his son’s decision to join the Corps. My friend fretted that his child — on his own for the first time — would be hazed miserably, tormented into scholastic failure, personal injury and permanent psychological scarring.
My friend was a normal parent: He feared sending his son to college without any sort of supervision. He was afraid of letting go.
A week after his son became a Corps fish, however, my friend was a changed man. His son had been taken into a family, a strict one to be certain, but this young new Aggie was anything but unsupervised.
Frank and his wife subsequently became enthusiastic Corps parents, dedicated Old Army supporters. Both wept proudly upon seeing their son wear senior boots, and they hoped their young daughter, too, would attend A&M and join the Corps.

I hope Mr. Reynolds is wrong, but I share his concern about the future of the Corps. It is a difficult to sell the long term benefits of sacrifice and hard work within a culture that worships instant gratification. If we Texans lose the Corps, then we will lose an important part of what defines our culture, and I submit that what replaces it to define our culture in the future is unlikely to have the salutary attributes of the Corps.

Sound advice on investing

This Washington Post (free online registration required) article profiles John Keeley, a former FDIC bank examiner who is now the manager of the $155 million Keeley Small Cap Value Fund, which is generating above-average returns by buying shares of U.S. companies that are emerging from bankruptcy or being restructured.
Keely’s fund is up 8.5 percent this year, ranking it second of 146 small-cap value funds tracked by Bloomberg. Only the FBR Small Cap Value Fund recorded a bigger gain. Mr. Keeley, who opened his fund in 1993, holds shares of more than 110 companies and devotes no more than 2 percent of assets to any one stock. His family is the fund’s largest shareholder, with about an 11 percent stake on June 30, including money invested for the college educations of Mr. Keeley’s grandchildren.
While discussing his educational background in evaluating investments, Mr. Keeley passes along this sage advice:

“[T]the greatest education you can get is to get through a bear market.”