Subject: DC Y2K Meeting (On Topic) Date: 19 Mar 1998 15:41:39 GMT From: (cory hamasaki) Reply-To: (cory hamasaki) Organization: IBM.NET Newsgroups: comp.software.year-2000, comp.software-eng
- DRAFT NOTES, will be edited in the next DC Y2K Weather Report.
----------- DC Y2K Meeting Notes ------------
The important part - The buffet - fried squid, spicy chicken breasts, pizza rounds, sushi, multi-colored corn chips, sauces, crackers, asparagas, brocolli, cheeses, I didn't get to it all. DD hung around the squid, there was a sound like a hoover vacuum cleaner starting -whoooosh- th-unk, th-unk, it's tasty but salty, I need something cold and bubbly... with a twist of lime. There was food left over... Oh, Greg was late. The Merlot was a soft 1995, slightly bruised as if the grape pressers had calloused feet.
I saw Bob Bemer! He was scurrying around the chips and dip. He left copies of his manifesto, an odd but interesting six pages on lime green paper typed in a tiny courier font. Bemer's manifesto repeats his claim to be the inventor of '27' in 1960, the key above Tab on my keyboard. Isn't '27' derived from the prior art of the Shift-Out of teletypes? Once I realized Bemer was there, I ran around looking for him but, sadly, like a Y2K ninja, he had vanished... there was only a cloud of greasy black smoke left.
Check out bmrsoftware.com, although it might be just bmrsoftware.com, for an oddly precise fellow on dates, Bemer is a little vague on URLs.
But on to the meeting. Senator Robert F. Bennett (R Utah) Senate Financial Services & Banking Committee, expected to be appointed head of the yet to be announced Senate Y2K Committee.
Senator Bennett was entertaining, had a clear vision of the Y2K problem, spoke for an hour and a half on the problem from the government's perspective.
Sound bites -
A year ago, there were no Y2K compliant ATMs, now a few percent of the ATMs are Y2K compliant.
We cannot solve all problems in time
(about banking) We must keep the checks clearing, keep the money available.
(about NCUA) There will be credit unions that go bankrupt.
(about people) Alan Greenspan is a believer. Arthur Levitt calls him in a cold sweat. He is watching Ed Yardeni ratchet up his estimate from 30%, 35%, 40%, 60% and believes that we're in for a rocky road. Bob Rubin and the IMF are on board.
(best laugh) Wrote to Bill Clinton about Y2K and a Y2K Czar, Bill didn't respond, he may have had other things on his mind.
(about congress) He has Senator Lott and Dashel on board.
There will be no programmer/software engineer draft. He's a free marketeer.
Little problems in key places can cause a worldwide recession.
There will be an enormous wealth transfer, analogous to the oil shock that transferred wealth from the industrialized countries to a few oil states in the middle east.
Counties and cities are a problem. He pointed out that we have counties and cities that are larger than states. < States? Try larger than some nations. How does Greater LA (12 million) or Greater Chicago (8 million) compare to say, Sweden (9 million) or New Zealand (4 million). Even if the Feds make it, the counties and cities could fail. >
Triage, mission critical v. non-mission critical. Have contingencies in place. What are your back up plans. Gas, water, power, communications. We have a major problem. This is like World War II. And through it all, through the sense of urgency, there was evidence of a sharp mind, moving the pieces into place to create a solution; optimistic but remaining pragmatic.
- DRAFT NOTES -
cory hamasaki kiyoinc.com <-----<<< Y2K |