tag:blogger.com,1999:blog-7737268075572482842.post7912840853085888238..comments2023-10-29T04:33:48.167-05:00Comments on daddyBstrong: The Financial Crisis: Time to Do No HarmMac Daddy Tribute Bloghttp://www.blogger.com/profile/01483912561779369669noreply@blogger.comBlogger5125tag:blogger.com,1999:blog-7737268075572482842.post-42343703689643437672008-10-08T11:45:00.000-05:002008-10-08T11:45:00.000-05:00Cheri and Rainywalker, Thanks for your affirming c...Cheri and Rainywalker, Thanks for your affirming comments about my essay. <BR/><BR/>Cheri, I wish I knew the answer to your shell game question. I think one of the ways we can raise standards is in higher education. In my opinion, a lot of degrees being granted are really narrow and vocation -- not professional. The MBA degree is a good example. Although it is a lucrative credential for many, the end "product" is not on par with a professional degree, such as law or medicine. MBAs do not have to pass a bar exam or take board exams. They also do not have a code of ethics, as most professions do. This is where "do no harm" came to my mind. <BR/><BR/>It's hard not to look at George Bush as an example of the MBA. While he may have been well prepared to lead a company, in my book, that did not qualify him to be president. <BR/><BR/>Maybe we need to develop criteria to qualify one to run for public office . . . "must have excellent verbal and written skills." <BR/>vAnonymousnoreply@blogger.comtag:blogger.com,1999:blog-7737268075572482842.post-37156821042312935512008-10-07T18:30:00.000-05:002008-10-07T18:30:00.000-05:00Macdaddy:Yeah, I just saw the reports about AIG an...Macdaddy:<BR/><BR/>Yeah, I just saw the reports about AIG and was in the process of writing an article about it right now. This is criminal and we need to find a way to not only prosecute them, but make the execs pay the back the half-million dollars they blew on the resort gala after they knew the ship was sinking. <BR/><BR/>This is why I'm not in favor of the bailout. I think Wall Street should have to figure out how to get itself out of the mess it's gotten us all into. <BR/><BR/>I'm also not sure I buy the Chicken Little "sky is falling" stuff that the mainstream media pushed in the days leading up to the bailout vote in Congress. <BR/><BR/>Truth be told, we are so deep in this mess that it will take generations to recover.--<A HREF="http://cheri-thomas.blogspot.com/" REL="nofollow">Cheri</A>Cherihttps://www.blogger.com/profile/14904577862015863127noreply@blogger.comtag:blogger.com,1999:blog-7737268075572482842.post-9514676984521991682008-10-07T18:10:00.000-05:002008-10-07T18:10:00.000-05:00cheri: I've just watched the news; and they said t...cheri: I've just watched the news; and they said that, upon hearing that they would be bailed out, AIG executives went on a $445,000 health resort, playing golf and getting expensive massages, manicures, and pedicures.<BR/><BR/>Where is their responsibility?<BR/>rainywalker: Yes! Right now, I'm looking at the fact that we need to go back to basics and recognize that the people leading this bailout are the either the same people or the political sons of the people that got us into this problem in the first place and that we shouldn't expect them to do any thing more than come up with decisions except those centered around their privileged positions on Wall Street. Second, our blame for this bailout should fall on politicians: Republicans and Democrats, but especially Republicans. Third, I'm looking at politicians who voted against the bailout and what I'm finding that they are offering bottom-solutions, non-privileged solutions, to a problem created by the people from the top down, from Reagan to the present Bush. Fourth, I'm finding that it's not just the solution but the approach to the solution that will be the key in getting out of this mess. More on this on my posts.Mac Daddy Tribute Bloghttps://www.blogger.com/profile/01483912561779369669noreply@blogger.comtag:blogger.com,1999:blog-7737268075572482842.post-30563718873311897412008-10-07T17:35:00.000-05:002008-10-07T17:35:00.000-05:00"Lord thundering Jesus, my son," [a Canadian sayin..."Lord thundering Jesus, my son," [a Canadian saying] someone who has the truth in mind and understands what the Founding Fathers tried to envision.rainywalkerhttps://www.blogger.com/profile/13445164335609548931noreply@blogger.comtag:blogger.com,1999:blog-7737268075572482842.post-48328335838416210732008-10-07T15:22:00.000-05:002008-10-07T15:22:00.000-05:00I agree wholeheartedly with Verna, and it is time ...I agree wholeheartedly with Verna, and it is time to demand more from political and corporate leaders. Unfortunately, while we can demand more, the fact remains that you work for whomever gives you the biggest check. <BR/><BR/>We all know that money has grased many a palm in Washington and on Wall Street. If there's any chance of affecting change it will have to begin with more strict oversight on the exchange of money. The real question is how can we accomplish this when those put in positions of oversight are usually part of the <A HREF="http://cheri-thomas.blogspot.com/2008/10/privatized-gains-and-socialized-losses.html" REL="nofollow">shell game</A>?--<A HREF="http://cheri-thomas.blogspot.com/" REL="nofollow">Cheri</A>Cherihttps://www.blogger.com/profile/14904577862015863127noreply@blogger.com