Banks In The Present

Dan Robles — Wed, 28 Oct 2009 09:00:12 +0000

I see a lot of articles asking the question why people are not absolutely livid about what is happening to them. The degree at which their wealth is being transferred away from them and the debt being shod on their grandchildren is astonishing. I saw LA burn for a whole lot less after the Rodney King affair and this crisis does not even foment a decent March on Washington like the good old Reagan days.

It would clearly be in the best interest of stock market capitalists to keep the majority of people poor, weak, and disorganized. Below a certain economic threshold, people simply fail to organize – they are too busy trying to feed their families by working harder. This is where they want to keep us…but will it work?

Here is the best distillation of events that I could come up with (Ref: Here):

A. Financial institutions brought us the meltdown by playing games of greed.

B. This led to serious problems and the whole planet suffers.

C. The public bailed them out at great cost.

D. Our government debt is at record levels and our children and grandchildren must pay.

E. The too-big-to-fail crowd continued providing big bonuses to themselves and dividends to their stockholders with our money.

F. Many financial institutions are returning to profitability despite record numbers of Americans losing their homes.

G. Profits come from securitized mortgage portfolios which they sell off to investors.

H. Yet they remained the servicer on the loans, extracting fees for collecting payments and foreclosing on homes.

I. Now they make loads of money off of the misery of those facing foreclosure.

J. They purposely avoiding loan modifications because they can make more money through the foreclosure route.

It’s Nothing new:

Guess what, in the middle ages, there were roving bands of looters, disease, oppression of every variety and other calamities. Unlike the Rodney King events, it’s written into our collective DNA to simply endure what we feel we cannot or should not change. Since we all continue to rely on money and currency, perhaps there is a fear that to change it would be to make things worse.

That does not mean that things are hopeless. In fact, this should be a cause of great optimism. people see the system crumbling where it needs to crumble and are willing to wait for the next financial system to arise from the ashes. The dominant strategy is to stay calm and ride it out to a soft landing. Society is smart, nothing good can come from a self-destructive end game.

Meanwhile, we see the new economic paradigm fomenting on the horizon…..read the following series. Preview my book. It’s going to be a wonderful outcome – something that we can all be proud of if we stay cool, calculating, and ready to jump at the new opportunities that will be presented…and they will be presented. Let’s not squander it.

Why Are Leaders Failing?

Jay — Fri, 18 Sep 2009 18:54:13 +0000

People look for leaders that inspire them to achieve innovative breakthroughs. People trust, or so we think, CEO’s to effectively lead their organizations so that employees can continue to get paid.

The confidence in leadership is waning and a new “leadership” is emerging. The new leadership is from and by the people. The reason for a shift in leadership is as follows:

1. Politicians have failed us with self interest and politics as usual. Usual no longer works for the people

2. CEO’s and management have failed to listen to the markets of conversations

3. Greed is out, efficiency is in and the old market is not adapt at “lean, mean and fast”

4. The people has lost trust in media, politicians and old management schemes

5. Advertising and marketing methods of the past are dead. 96% of the online ads get no responses. A rate of 3% at best is the return on direct mail, coupons and broadcast ads.

6. The market is no longer listening to the old market rather the market is listening to the people

7. People have been empowered and engaged to create their own markets and they follow a new kind of market leader. A leader who enables them to learn, grow and share with others whom have an affinity to their interest and beliefs.

8. New leaders are now conversing with their own audience and there are many of them. There are also a few leaders who are enabling many to engage, converse and build our own audience.

9. Conversations have never been so fluid, so reaching and so powerful. The irony is that the power of speech has always been and will always be disruptive. History proves it so but we are in an era of making history that reinvents itself daily from the conversations.

10. Old leaders either adapt very quickly or die. The old game is over and the longer you try and play it the more it will cost the market, your investors and the people whom supply the market with commerce, the people.

Admit It, You are Out of Touch And Blinded By The Past

For politicians and corporate leaders the downfall of your empires is directly related to markets changing and you denying the change. If you haven’t noticed markets are now transparent. There is nothing you do that the market won’t notice and freely comment on, good, bad and indifferent. When you do good the market with follow you. When you do bad or do the same thing the market will leave you. Unless you recognize this shift your dead in the water.

Time is your enemy and denial is your your deathbed. Being dead in the water means the next wave will topple your boat because its force is too big, too large and you can’t move fast enough to navigate around or over it.

Then again you may simply not have time or attention to even recognize that it just may be true and real. In that case, move over for the new leader to replace you sooner than later. Leaders are failing because they fail to change and fail to listen. Sorry for being so frank but I don’t have time to be politically correct. Get it?

The Ingenesist Project » greed

Banks In The Present

Why Are Leaders Failing?