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Failure Isn't An Option

Posted by robjh1 on Thursday, March 26, 2009 12:00:00 AM

I did not vote for President Barack Obama. I am not a Democrat but a Republican.  That being said, I do not hope, wish, pray or cross my fingers and say “I want “MY” President to fail.”

Failure isn’t an option.

To utter such words to me is akin to “Treason.”

Yes you can mince the words and play with the meaning of wanting him to fail, but at the end of the day to say it out loud or in private is the must un-American thing I have ever heard.  Sure you have the right to say what you want, and I will, painfully and unequivocally defend that right. However, at the same time I want you to know that wishing such thoughts on our President on our nation is disowning your heritage as a citizens of the America. You are in essence saying you want this great country to collaspse!

If this is your visceral wish, then why not leave the country and set-up shop somewhere else?  But you want. Why? Because you know you can say and wish these evil un-American thoughts that are protected under the consituation of a nation whose leader you want to fail.

This country may not be perfect and some of our leaders flawed, but appreciate the ones who are trying to get things back on track. As for the other leaders, take them to task if you will _ for the mistakes they have made. But do not utter words that I would expect our enemies who are treacherous and evil to say.  To do otherwise likens you to them.

As the saying goes “history will judge”.  How will history judge us, once this financial crisises ends?  Will it be kind or will it say when we had a chance to be great and stand together we failed short because of our own dalliances

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Cutting Back For The Greater Good

Posted by robjh1 on Friday, March 13, 2009 12:00:00 AM
With the enconomy being in dire straits, I have decided to cut back on listening to money gurus like Bernie Madoff, who pontificate how great they are only to be proven as FRAUDS!
I am also cutting back on listening to clowns like Rush Limbaugh, who is hurting our Republican Parties. We need a change!

I am cutting back on believing IVY leaguers are the cream of the crop. Wrong, some of them are cheaters!
I am cutting back on thinking if Wall Street said it's a go. Wrong, you better double check the numbers and even triple check. If it smells it stinks!
I am cutting backing on thinking one stop shopping big banks is the way to go. Wrong! Stick with a solid small bank and you want go wrong.
I am cutting back on investing in Wall Street. You have to know when to hold'em and know when to fold'em.
I am cutting back on listening to people slander Wal-Mart as the evil giant. Wal-Mart will keep many afloat in this dire economy.
What am I not cutting back on? Believing that we as Americans can't do anything if we set our minds to it. Nor will I cut back on thinking the Republican Party can't be a party for all and not limited to ego maniacs who can't see they are stifling our growth!
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Do We Need The SEC?

Posted by robjh1 on Friday, March 13, 2009 12:00:00 AM
The SEC (Security Exchange Commission) was created in 1934 to restore the public's confidence in the stock market after the Great Depression in 1929. Its mission statement: to protect investors, maintain fair, orderly, and efficient markets, and facilitate capital formation.

Since its formation, nearly 74 years ago, a few things have been consistent. Among them the SEC has steadily grown in bueaurcracy and has done little to nothing in keeping the markets clean and stable. Every decade since the SEC's birth there has been scandal after scandal after scandal. Each scandal has gotten larger and more sophisticated than the last. To name a few of the recent scandals: WorldCom, Enron, Andersen, Aldephia, Xerox, Tyco, Global Crossing, Drexel Burnham (Ivan Boesky), Kidder Peabody and now Bernie Madoff. The list is still growing as this piece is being written and read.
 
One of the biggest problems with the SEC is its management. The guys running the show are former Wall Streeters, who know the tricks of the trade. They leave Wall Street to work in government _ helping to create laws to regulate the Streets. Next these guys re-enter the public sector to make money; all the while being fully equipped with the know how on how far to push the buttons without getting caught by the laws they helped create. (A new meaning of the fox guarding the hen house).

These guys, not to mention while working in government,  give each other passes on really monitoring their friends companies on Wall Street, unless of course the friend becomes an enemy.
So with all this going on why do we have the SEC?
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