Draghi, "The law does not allow..."
Here is the analogy.
You cut yourself. You go to your dentist. You say, "Doctor, I cut myself. Can you stitch me up?"
Your dentist says, "Open your mouth and let's see what we have."
You say, "I didn't cut my gum, I cut my arm."
Your dentist says, "The law does not allow me to stitch up your arm. I can give you a band-aid, but I can't apply it. I will leave it on the counter, you can put it on yourself."
Fine. However, you still need stitches. You go to the dentist next door. She tells you the same thing. You go to the dentist across the street. He tells you the same thing.
The band-aids save you from bleeding all over the place. Still, you need stitches. Eventually, you pass out. You are taken to the hospital. There, a doctor stitches your arm.
You're dentist can't solve the EuroCrisis either.
Warmest regards,
Slim
slimfairview@yahoo.com
Copyright (c) 2011 Slim Fairview
Wednesday, December 21, 2011
Monday, December 5, 2011
Merkel's Last Stand
Slim Fairview's Predictions for the Upcoming Conclave of the EuroCrats.
The EuroCrats are fed up. The European people are fed up.
Every Solution concocted at every meeting is revealed to be temporary.
Every attempt to resolve the cause of the problems--causes that are systemic--are impeded by Chancellor Merkel.
Chancellor Merkel's strict demands for Austerity as a one pronged approached has turned the one pronged approach into a weapon.
Chancellor Merkel said, "Why should German taxpayers contribute to a fund to bail out a French bank that will compete with a German bank?"
The argument could be made that it is the Chancellor's job to act first in the interest of Germany. However, as the crisis deepens, Germany will end up as nothing more than last in the line of dominoes to fall.
http://slimviews.blogspot.com/2011/10/oops-euroglitch.html
If anyone has doubts, witness the most recent German bond sale.
Austerity without Economic Development is no solution. Under the management of Chancellor Merkel, The EuroZone has kept Greece and Italy shackled to poverty by keeping Greece and Italy shackled to poverty programmes. Their continued support for Chancellor Merkel is supplication for continued bailout money.
Tim Geithner went to Europe to declaim, "Austerity."
Tim Geithner went on CNN news to declaim, "No country ever cut its way to prosperity."
This is reminiscent of the declamation, "No country ever taxed its way to prosperity," in the first two years of Bill Clinton's first term. There are still those who claim Bill Clinton balanced the budget. In the first two years? http://slimviews.blogspot.com/2011/11/political-math.html
You cannot cut pay, fire people, raise property taxes, and call it a solution. This is evidenced by the continued problems in Greece.
Recently, Papademos said that he would propose legislation that will include austerity and growth. He proposed austerity and cutting taxes. The Press still has not reported on the growth programmes proposed--if any.
Merkel's most recent proposals were:
For investors to contribute to the bailout fund.
For investors to take a 50% loss. Would you invest in anything if the broker guaranteed you a 50% loss?
The next idea floated was for "coupons" to limit investor losses to 20% - 30%. Investors invest to make a profit, not to mitigate losses.
The next idea floated was to go to China for money, to Brazil for money, to the PetroStates for money. This is not a solution. This is a Ponzi Scheme.
Merkel's parsimoniously doling out Pfennige in exchange for an obeisance in exchange for bailouts that continuously do not solve the problem.
Only recently have I heard from Europe what I've been saying.
There is talk about Merkel not being electable with the current numbers.
Privatisation.
A larger bailout fund. (Though I did not put it that way.) This is not the answer, this is the question: http://sidestreetjournal.blogspot.com/2011/12/lender-of-first-resort.html
The path to the solution is simple:
What have you done?
Did things get better? No.
Did things get worse? Yes.
Don't do that!
Read Lender of First Resort. If you can have a lender of last resort, you can have a lender of first resort.
With the Crisis arriving at German shores, the panic will cause Merkel to shift strategy. The Chancellor will promise to consider alternatives. Translation: The Chancellor will sit quietly while others talk about alternatives. The Chancellor will concede they should be looked into. The Chancellor will succeed in delaying any serious change by sending any ideas, viable or not, to a committee.
If anyone believes a committee is a good way to solve problems, I shall refute you with one word--Congress!
Slim Fairview's Predictions--Probable and Possible.
Probable:
The EuroCrats will meet to discuss the EuroCrisis.
Discussions may include a larger bailout fund--this will be challenged.
The discussion will move to Economic Development and Growth. Conditions will be imposed:
Treaty modifications will be discussed. These modifications, understandably, will be intended to insulate Germany from what Chancellor Merkel believes to be the impending collapse of the EuroZone Economy. They will also be intended to allow the micro-management of indebted nations.
Possible:
There will be a call for Chancellor Merkel to step down--from other Nations' Parliaments, but preferably from the German Parliament.
A Lender of First Resort agency will be established. This Agency will buy bonds at a favourable and affordable rate to, say, Greece and Italy, and recoup their investment by selling bonds at a favourable rate to investors. While the difference may cost the Agency, it will be more cost effective than continuing the failed bailout solution.
China will pledge to buy €300 Billion worth of the Agency bonds.
Turkey will pledge to buy the bonds.
Brazil will pledge to buy the bonds.
Russia will pledge to buy the bonds.
Greece and Italy will agree to a privatisation plan that allows Greek & Italian government workers to buy stock in many of the entities they work for. The stock purchases will exceed 50% of the issue allowing Greek and Italian workers to retain a majority share.
Foreign Investors will buy stock.
The Greek and Italian Governments will generate revenue from the sale of the stocks, from the "Corporate" tax rate, from the capital gains tax, from income taxes.
The workers have a choice: A government paycheck that may be smaller or, in the event of being fired, non-existent or receiving a paycheck and a profit from the ownership of the privatised company they work for. Benefits will include pensions and health care.
In any event, many of the ideas included in the monographs I've been posting over the last several months, heretofore not discussed, will finally be discussed. The only question is, will they be discussed seriously, or will they merely be discussed to give the appearance of attempting to solve the problems?
Bon chance.
Slim
slimfairview@yahoo.com
Copyright (c) 2011 Slim Fairview
All rights reserved.
The EuroCrats are fed up. The European people are fed up.
Every Solution concocted at every meeting is revealed to be temporary.
Every attempt to resolve the cause of the problems--causes that are systemic--are impeded by Chancellor Merkel.
Chancellor Merkel's strict demands for Austerity as a one pronged approached has turned the one pronged approach into a weapon.
Chancellor Merkel said, "Why should German taxpayers contribute to a fund to bail out a French bank that will compete with a German bank?"
The argument could be made that it is the Chancellor's job to act first in the interest of Germany. However, as the crisis deepens, Germany will end up as nothing more than last in the line of dominoes to fall.
http://slimviews.blogspot.com/2011/10/oops-euroglitch.html
If anyone has doubts, witness the most recent German bond sale.
Austerity without Economic Development is no solution. Under the management of Chancellor Merkel, The EuroZone has kept Greece and Italy shackled to poverty by keeping Greece and Italy shackled to poverty programmes. Their continued support for Chancellor Merkel is supplication for continued bailout money.
Tim Geithner went to Europe to declaim, "Austerity."
Tim Geithner went on CNN news to declaim, "No country ever cut its way to prosperity."
This is reminiscent of the declamation, "No country ever taxed its way to prosperity," in the first two years of Bill Clinton's first term. There are still those who claim Bill Clinton balanced the budget. In the first two years? http://slimviews.blogspot.com/2011/11/political-math.html
You cannot cut pay, fire people, raise property taxes, and call it a solution. This is evidenced by the continued problems in Greece.
Recently, Papademos said that he would propose legislation that will include austerity and growth. He proposed austerity and cutting taxes. The Press still has not reported on the growth programmes proposed--if any.
Merkel's most recent proposals were:
For investors to contribute to the bailout fund.
For investors to take a 50% loss. Would you invest in anything if the broker guaranteed you a 50% loss?
The next idea floated was for "coupons" to limit investor losses to 20% - 30%. Investors invest to make a profit, not to mitigate losses.
The next idea floated was to go to China for money, to Brazil for money, to the PetroStates for money. This is not a solution. This is a Ponzi Scheme.
Merkel's parsimoniously doling out Pfennige in exchange for an obeisance in exchange for bailouts that continuously do not solve the problem.
Only recently have I heard from Europe what I've been saying.
There is talk about Merkel not being electable with the current numbers.
Privatisation.
A larger bailout fund. (Though I did not put it that way.) This is not the answer, this is the question: http://sidestreetjournal.blogspot.com/2011/12/lender-of-first-resort.html
The path to the solution is simple:
What have you done?
Did things get better? No.
Did things get worse? Yes.
Don't do that!
Read Lender of First Resort. If you can have a lender of last resort, you can have a lender of first resort.
With the Crisis arriving at German shores, the panic will cause Merkel to shift strategy. The Chancellor will promise to consider alternatives. Translation: The Chancellor will sit quietly while others talk about alternatives. The Chancellor will concede they should be looked into. The Chancellor will succeed in delaying any serious change by sending any ideas, viable or not, to a committee.
If anyone believes a committee is a good way to solve problems, I shall refute you with one word--Congress!
Slim Fairview's Predictions--Probable and Possible.
Probable:
The EuroCrats will meet to discuss the EuroCrisis.
Discussions may include a larger bailout fund--this will be challenged.
The discussion will move to Economic Development and Growth. Conditions will be imposed:
- A strict oversight of indebted nations
- Austerity before any capital investment in economic development and growth
- An effort to keep the IMF at a distance to prevent Madame Lagarde from participation.
Treaty modifications will be discussed. These modifications, understandably, will be intended to insulate Germany from what Chancellor Merkel believes to be the impending collapse of the EuroZone Economy. They will also be intended to allow the micro-management of indebted nations.
Possible:
There will be a call for Chancellor Merkel to step down--from other Nations' Parliaments, but preferably from the German Parliament.
A Lender of First Resort agency will be established. This Agency will buy bonds at a favourable and affordable rate to, say, Greece and Italy, and recoup their investment by selling bonds at a favourable rate to investors. While the difference may cost the Agency, it will be more cost effective than continuing the failed bailout solution.
China will pledge to buy €300 Billion worth of the Agency bonds.
Turkey will pledge to buy the bonds.
Brazil will pledge to buy the bonds.
Russia will pledge to buy the bonds.
Greece and Italy will agree to a privatisation plan that allows Greek & Italian government workers to buy stock in many of the entities they work for. The stock purchases will exceed 50% of the issue allowing Greek and Italian workers to retain a majority share.
Foreign Investors will buy stock.
The Greek and Italian Governments will generate revenue from the sale of the stocks, from the "Corporate" tax rate, from the capital gains tax, from income taxes.
The workers have a choice: A government paycheck that may be smaller or, in the event of being fired, non-existent or receiving a paycheck and a profit from the ownership of the privatised company they work for. Benefits will include pensions and health care.
In any event, many of the ideas included in the monographs I've been posting over the last several months, heretofore not discussed, will finally be discussed. The only question is, will they be discussed seriously, or will they merely be discussed to give the appearance of attempting to solve the problems?
Bon chance.
Slim
slimfairview@yahoo.com
Copyright (c) 2011 Slim Fairview
All rights reserved.
Friday, December 2, 2011
You Can't Fool the Lion
You Can't Fool the Lion
Let's say you tell everyone you are a lion tamer.
People believe you. They have no reason to doubt you.
Everyone is convinced you are a lion tamer.
Anyone with a question about lion taming can go to you with his or her question.
You answer all questions with knowledge and authority.
Then, a lion walks into the room.
Everyone panics.
Everyone looks to you to save them.
You panic.
Why?
You Cannot Fool the Lion!
Bon chance.
Slim
slimfairview@yahoo.com
Copyright (c) 2011 Slim Fairview
Thursday, December 1, 2011
Lender of First Resort?
How long have the EuroCrats been trying to solve the EuroCrisis?
Too long.
Has the situation become more high, good, better?
No.
Has the situation become more low, bad, worse?
Yes.
DON'T DO THAT!
My constant complaint with everything that has been said or written about the crisis is that it is descriptive not prescriptive. The EuroCrats keep toiling away, clutching retentively to the process of applying Band-Aid after Band-Aid to the situation with no resolution.
Now it is time to rethink the way you rethink the problem and the solution.
The phrase that suddenly jumped out at me is "Lender of last resort." Why?
Let's try to rethink a possible solution. This is not an answer. This is a question. The question is very simple.
Will this work?
Forgetting the institutions we have for just a moment, The IMF, The ECB, The EFSF and look for a metaphorical, UEB. The Unified European Bank. And put aside, for a moment the declamation, "We can't do that because....."
Will this work?
Make the UEB the European Lender of First Resort.
The UEB is the first purchaser of Greek Bonds, Portugal Bonds, French Bonds, German Bonds, &c. The UEB ignores bond ratings. They become irrelevant.
They buy the bonds (for the purposes of discussion only) at 5%.
The UEB then becomes a reseller, reselling the bonds at, say 6%. Yes, I know this is less than they are paying out. This is the subsidy in lieu of the bottomless pit of the bailout solution.
The bonds, offered by the UEB and backed by the EuroNations are more attractive than say Greek Bonds or Italian Bonds, or now even German Bonds. (Remember the German Bond Sale Gone Bad?)
However, "Austerity without Growth is not a solution." Slim Fairview. From The Quotations of Slim Fairview.
Now you have Step Two.
You can choose:
Plan A: Growth and Economic Development.
Plan B: Economic Development and Growth.
That, of course, is a trick question. You cannot have growth without economic development.
Privatisation is not a dirty when when, for example, the Greek Bus Driver stops driving for the metaphorical Athens Metropolitan Transit Authority and begins driving for the Athens Bus Company--and the Greek Bus Driver now owns stock in the Athens Bus Company.
The Greek Bus Drivers goes from a paycheck (tenuous, not guaranteed, smaller than it was due to austerity measures, and non-existent if he gets fired) to earning a Paycheck and a Profit.
He not only receives a piece of the pie, he receives a piece of the profits from the bakery because he owns a piece of the bakery.
This may be a radical departure. However, if the EuroCrats continue to discuss measures that have been implemented repeatedly and have repeatedly failed and failed miserably to resolve the crisis, it may be time for them to rethink the way they rethink the problem and start thinking about some new solutions. New ideas. New methods.
And please.....ask Angela Merkel to step down.
Bon chance.
Sincerest regards,
Slim
If you find anything here to be helpful, please don't hesitate to send me a really tricked out Mac Book and to tuck a few dollars into the envelope along with the thank you note. Slim.
Bob Asken
Box 33
Pen Argyl, PA 18072
Etats Unis
Slimfairview@yahoo.com
Copyright (c) 2011 Bob Asken
All Rights Reserved.
Too long.
Has the situation become more high, good, better?
No.
Has the situation become more low, bad, worse?
Yes.
DON'T DO THAT!
My constant complaint with everything that has been said or written about the crisis is that it is descriptive not prescriptive. The EuroCrats keep toiling away, clutching retentively to the process of applying Band-Aid after Band-Aid to the situation with no resolution.
Now it is time to rethink the way you rethink the problem and the solution.
The phrase that suddenly jumped out at me is "Lender of last resort." Why?
Let's try to rethink a possible solution. This is not an answer. This is a question. The question is very simple.
Will this work?
Forgetting the institutions we have for just a moment, The IMF, The ECB, The EFSF and look for a metaphorical, UEB. The Unified European Bank. And put aside, for a moment the declamation, "We can't do that because....."
Will this work?
Make the UEB the European Lender of First Resort.
The UEB is the first purchaser of Greek Bonds, Portugal Bonds, French Bonds, German Bonds, &c. The UEB ignores bond ratings. They become irrelevant.
They buy the bonds (for the purposes of discussion only) at 5%.
The UEB then becomes a reseller, reselling the bonds at, say 6%. Yes, I know this is less than they are paying out. This is the subsidy in lieu of the bottomless pit of the bailout solution.
The bonds, offered by the UEB and backed by the EuroNations are more attractive than say Greek Bonds or Italian Bonds, or now even German Bonds. (Remember the German Bond Sale Gone Bad?)
However, "Austerity without Growth is not a solution." Slim Fairview. From The Quotations of Slim Fairview.
Now you have Step Two.
You can choose:
Plan A: Growth and Economic Development.
Plan B: Economic Development and Growth.
That, of course, is a trick question. You cannot have growth without economic development.
Privatisation is not a dirty when when, for example, the Greek Bus Driver stops driving for the metaphorical Athens Metropolitan Transit Authority and begins driving for the Athens Bus Company--and the Greek Bus Driver now owns stock in the Athens Bus Company.
The Greek Bus Drivers goes from a paycheck (tenuous, not guaranteed, smaller than it was due to austerity measures, and non-existent if he gets fired) to earning a Paycheck and a Profit.
He not only receives a piece of the pie, he receives a piece of the profits from the bakery because he owns a piece of the bakery.
This may be a radical departure. However, if the EuroCrats continue to discuss measures that have been implemented repeatedly and have repeatedly failed and failed miserably to resolve the crisis, it may be time for them to rethink the way they rethink the problem and start thinking about some new solutions. New ideas. New methods.
And please.....ask Angela Merkel to step down.
Bon chance.
Sincerest regards,
Slim
If you find anything here to be helpful, please don't hesitate to send me a really tricked out Mac Book and to tuck a few dollars into the envelope along with the thank you note. Slim.
Bob Asken
Box 33
Pen Argyl, PA 18072
Etats Unis
Slimfairview@yahoo.com
Copyright (c) 2011 Bob Asken
All Rights Reserved.
Friday, November 25, 2011
Friday 25 November 2011
The Side Street Journal
@BuzzNewz Don't worry. We have a super committee to handle the problem. Slim
@KimAuclair @jonathanfields And being a genius doesn't hurt.
@debbieneedles slimviews.blogspot.com or follow @slimfairview ;-) Slim
@diane_berard Your friends just answered their own question with that question.
@Lagarde EuroCrats are bailing water as the ship sinks. However, Merkel refuses to discuss plugging holes in the boat until the water is out
@Lagarde Cher Madame, Veuillez visiter slimviews.blogspot.com Et le reste de mon monographies. Sincèrement, Slim
@seattletimes How Mr. Yakamoto Saved Face--A morality Tale. slideshare.net/slimfairview/h… Regards, Slim
@seattletimes :-o Blush, Stammer, Aw Shucks...Thank you. Slim
@seattletimes Triple Decker Turkey, BLTs. on White Toast, Plenty of Mayonnaise. Side of wavy Lays, and a caffeine free diet Pepsi. Slim
@catarinaalexon @slimfairview Thank you Catarina, You're welcome Catarina, and Thank you again. Sincerely, Slim
If you can spell bourgeois correctly, you probably are. Oops! Wait. No...like OMG :-o
Slimfairview Slim Fairview
Moliere's Bourgeois Anchorman: "All these years I thought I was merely reporting the news only to learn I've been speaking journalism."
Slimfairview Slim Fairview
A reporter gathers facts and reports the news. A journalist gathers opinions and reports fluff.
Slimfairview Slim Fairview
China and the US will not go to war. For obvious reasons. That leaves Economics & Diplomacy. slimviews.blogspot.com/2011/08/americ… Regards, Slim
Slimfairview Slim Fairview
Weekly Winner Hit Getter: slimviews.blogspot.com/2011/11/china-…
Slimfairview Slim Fairview
@
Slimfairview Slim Fairview
We see our history from a mountain 235 years high. China can see its history from a mountain 6,000 years high. Compris? Slim
Slimfairview Slim Fairview
@
Slimfairview Slim Fairview
Slimfairview Slim Fairview
@
Slimfairview Slim Fairview
The Question: Can Madame Lagarde Rally the EuroCrats before Chancellor Merkel pushes everyone over the edge? (Except for Germany, of course)
Slimfairview Slim Fairview
INDIA eases retail rules for Foreign Companies. There's a window of opportunity. slideshare.net/slimfairview/g… Regards, Slim
Slimfairview Slim Fairview
NYT Business: Silver Lining for Germany. Lower interest rates locked in. Germany won't fire Merkel, so the EuroCrats must cut Germany loose.
Slimfairview Slim Fairview
Merkel, Sarkozy, Monti, meet and agree to Merkel's plan to rearrange the deck chairs on the Titanic.
Slimfairview Slim Fairview
Markets disappointed with Merkel's Position. As they were with Papandreou, & Berlusconi...Follow the Path of the Trajectory.
Slimfairview Slim Fairview
@
Slimfairview Slim Fairview
The EuroCrats are bailing water as the ship sinks. However, Merkel refuses to discuss plugging the holes in the boat until the water is out.
Slimfairview Slim Fairview
You cannot cut wages, fire people, raise property taxes and call it a solution no matter how much oversight you have.
Slimfairview Slim Fairview
If Merkel wants oversight and adherence to debt limits, you must give something to keep the "economics" in balance.
Slimfairview Slim Fairview
Sarkozy used intransigent. I used intractable. M. Sarkozy, if you can't understand Merkel's red lines, e-mail me.
Slimfairview Slim Fairview
PHOTO OP. Merkel, Sarkozy, Monti in Strasbourg, France on Thursday. Great Picture. Bad Plans, but a great picture. Autograph it for me?
Slimfairview Slim Fairview
Boss Tweed, "Stop them dam pictures" Merkel, "Stop them dam numbers." It didn't work for Boss Tweet it won't work for Berlin.
Slimfairview Slim Fairview
Contest: Read my blog and find where I suggested that the Rest of Europe should ask Germany to leave the EuroUnion.
Slimfairview Slim Fairview
Merkel on the home front. "Don't throw the cream cheese away. Put it in the fridge & wait until it become green & moldy, then throw it away
Slimfairview Slim Fairview
NYTimes. Merkel Again Rules out rapid action. However....with signs of spreading contagion. Chancellor--THE PATH OF THE TRAJECTORY!
Slimfairview Slim Fairview
I just checked my email. Still no Job Offer from the IMF. Or from the EuroCrats from that matter. Now, about those London Bookmakers.....
Slimfairview Slim Fairview
WSJ: Leader of Yemen Vows to Resign. THE PATH OF THE TRAJECTORY! I told you so....I told you so....
Slimfairview Slim Fairview
Merkel awaiting a natural alignment of EuroZone Economies. When that happens there won't be a crisis. Or there won't be a EuroZone Economy.
Slimfairview Slim Fairview
Market Crisis suggests fear that EuroCrisis Entering new phase. Why? Leaders unable or unwilling to do something about it. (aside from talk)
Slimfairview Slim Fairview
WSJ: EuroCrats Pledge Closer Integration. About time. I apologise if you had difficulty translating my blog into 17 languages.
Slimfairview Slim Fairview
"A universal condition: We refuse to accept that all alliances & enmities are transitory." Slim Fairview The Quotations of Slim Fairiview
Slimfairview Slim Fairview
Did I just read where Concern over German Bonds drove their Yields up? Whatever goes around comes around. slimviews.blogspot.com/2011/10/oops-e… Told you So!
Slimfairview Slim Fairview
Did I just read where Concern over German Bonds drove their Yields up? Whatever goes around comes around. slimviews.blogspot.com/2011/10/oops-e…
Slimfairview Slim Fairview
While the news is not great for Portugal, it is not pessimistic either. Maybe my hunch on Portugal moving forward will prove itself out.
Slimfairview Slim Fairview
Angela Merkel, The Jimmy Carter of Europe. She "feels your pain"; "Life's not Fair." Let's all turn down the thermostat & wear a sweater.
Slimfairview Slim Fairview
Fairview Doctrine: If Merkel agrees to what everyone has wanted for a while, ask her to step down. If she doesn't, ask her to step down.
Slimfairview Slim Fairview
WSJ: OPTIONS DWINDLE FOR EUROCRISIS. Well, yeah. And why is that? Because they've clutched retentively to one intractable viewpoint.
Slimfairview Slim Fairview
Why are all the articles being written about Europe Descriptive & not Prescriptive. Can't they come up with a....oops! Never mind. Slim
Slimfairview Slim Fairview
NYT France & Sarkozy Look Vulnerable as EuroCrisis Persists. Uh, so is the rest of Europe. Not counting Merkel & Germany. Spot a trend?
Slimfairview Slim Fairview
Anyone who believes a Committee is the way to solve a problem? I shall refute you with one word. CONGRESS. 2 WORDS? SUPER COMMITTEE. Slim
Slimfairview Slim Fairview
Corzine a 1% plutocrat elected Governor of New Jersey by the 99%ers. How did he get a free ride. The other 1%ers want to know.
Slimfairview Slim Fairview
Stupid Strategy Dept. WSJ Headline. Investors Bullish on tips from Former Fed Officials. YOU MEAN THE GUYS WHO GOT US INTO THIS MESS?
Slimfairview Slim Fairview
EU Banks Struggle to Lure Depositors. Try giving away a free toaster with each new account. By the way, have you been reading my blog?
Slimfairview Slim Fairview
Are the London Bookmakers giving odds on my being offered a job at the IMF. I doubt the EuroCrats want me. ;-) Slim
Slimfairview Slim Fairview
Did the London Bookmakers Give odds on the EuroCrats changing their tactics? Did they clean up or lose their shirts? Slim
Slimfairview Slim Fairview
@
Lagarde Christine Lagarde
Visitando Perú, México y Brasil la semana que viene. Si tienes curiosidad sobre el viaje, lee mi blog aquà bit.ly/sojG8p
Slimfairview Slim Fairview
ALORS At Last! Merkel goes to Strasbourg, France (?) to meet Sarkozy. It is a start & a droll compromise. I hope it was something I said
Slimfairview Slim Fairview
To Cameron and Sarkozy: Stop Meeting In Berlin. Start Meeting in London and Paris. Slim
Slimfairview Slim Fairview
Does Wolfgang Schäuble really agree with Angela Merkel or does he merely say he does? Any Feedback from the EuroCrats? Slim
Slimfairview Slim Fairview
Which Monograph had the positive influence on Sarkozy to cut a better bargain for the Rest of Europe While he was in Berlin?
Slimfairview Slim Fairview
Or maybe this monograph had influence on the softening of Merkel's intractable stance on solving the EuroCrisis? slimviews.blogspot.com/2011/10/euroun…
Slimfairview Slim Fairview
Did this monograph have any influence on the softening of Merkel's intractable stance on solving the EuroCrisis? slimviews.blogspot.com/2011/10/you-go…
Slimfairview Slim Fairview
Did this monograph have any influence on the softening of Merkel's intractable stance on solving the EuroCrisis? slimviews.blogspot.com/2011/11/path-o…
Slimfairview Slim Fairview
Did this monograph have any influence on the softening of Merkel's intractable stance on solving the EuroCrisis? slimviews.blogspot.com/2011/11/rkorom…
Slimfairview Slim Fairview
Just heard the news. France & Germany to Discuss Plans to Modify EuroUnion. About time. How long have I been....oh, never mind.
Slimfairview Slim Fairview
The Merkel Plan: "Let's Wait until the Crisis becomes a disaster that cannot be fixed, then work on some new ideas to solve the Crisis."
Slimfairview Slim Fairview
Did you do it your way? Yes. Did things get more high, good, better? No. Did things get more low, bad worse? Yes. DON'T DO THAT! Slim
Slimfairview Slim Fairview
Merkel: "Discussion of EuroBonds in Midst of Crisis is Inappropriate" As opposed to the Raging Success of Chancellor Merkel's Plan?
Slimfairview Slim Fairview
French Yields Up. Crisis spreading to France. I cannot be the only one who saw that coming. slimviews.blogspot.com/2011/10/oops-e… I TOLD YOU SO
Slimfairview Slim Fairview
Will Merkel Modify Stance on EuroBond. If so, why did this not happen sooner? You know: THE PATH OF THE TRAJECTORY!!!
Slimfairview Slim Fairview
Merkel. Austerity for All....Tax Cuts for Germany to Promote Growth.
Slimfairview Slim Fairview
Merkel Under EuroZone Pressure to modify view on Bonds. Will EuroCrats modify their views & Call For Merkel to Step Down?
Slimfairview Slim Fairview
Top Hit Getter: slimviews.blogspot.com/2011/11/china-…
seattletimes The Seattle Times
Higo store exhibit reflects history of Japanese family, community seati.ms/rv5K0v
Slimfairview Slim Fairview
@
Slimfairview Slim Fairview
Slimfairview Slim Fairview
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Slimfairview Slim Fairview
CHINA, CHINA, CHINA [China for American Politicians, et. al.] slimviews.blogspot.com/2011/11/china-… & slimviews.blogspot.com/2011/06/china-… & slimviews.blogspot.com/2011/08/americ…
Slimfairview Slim Fairview
In the Event the Franco German Efforts to modify the EuroPlan had to do with the monographs on my blog slideshare.net/slimfairview/t…
Slimfairview Slim Fairview
In lieu of becoming a literary success with my novel, I am willing to become a commercial success with my screenplay. slideshare.net/slimfairview/a…
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Still Querying away in an effort to find a Canadian Publisher for my Canadian Novel. Any Editors on-line? slideshare.net/slimfairview/c…
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For the Egyptian Revolution to be a lasting Success, Egypt must focus on Economic Development, i.e.: The Egyptian Chamber of Commerce.
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A lighter look at America's View of the Debt Crisis. The Debt Crisis: a moral conundrum slimviews.blogspot.com/2011/04/defici…
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Egypt, eh? A brief posting on my blog: slimviews.blogspot.com/2011/02/busine…
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Visitors to my blog visiting the monographs on Economics & the Economy. Well done, Chaps. Thank you. Sincerely, Slim. slimviews.blogspot.com/2011/11/china-…
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Visitors to my blog visiting the monographs on Economics & the Economy. Well done, Chaps. Thank you. Sincerely, Slim. slimviews.blogspot.com/2011/07/will-1…
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Visitors to my blog visiting the monographs on Economics & the Economy. Well done, Chaps. Thank you. Sincerely, Slim. slimviews.blogspot.com/2011/01/econom…
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Visited even as we speak (tweet) slimviews.blogspot.com/2010/07/multip…
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Visitors to my blog visiting the monographs on Economics & the Economy. Well done, Chaps. Thank you. Sincerely, Slim. slimviews.blogspot.com/2010/07/multip…
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Visitors to my blog visiting the monographs on Economics & the Economy. Well done, Chaps. Thank you. Sincerely, Slim. slimviews.blogspot.com/2011/10/econom…
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Visitors to my blog are locating all the monographs on Economics & the Economy. Well done, Chaps. Thank you. Sincerely, Slim.
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Netherlands and South Korea are visitors to my blog.http://slimviews.blogspot.com Thank you. Sincerely, Slim
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Belgium France UK Germany also visitors. The EuroCrisis? Perhaps. Have you heard the news? France & Germany Propose Changes. You're welcome.
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KENYA! Tops the list of visitors to my blog slimviews.blogspot.com Thank you. Sincerest regards, Slim
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Egypt & Russia currently on my blog. Russia still Googling me. As I said: "If you have a question, email me & ask" slimfairview@yahoo.com
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China. Is China Hostile or Expedient? slimviews.blogspot.com/2011/11/china-… "Diplomacy: If you must explain it, it isn't diplomacy." Slim Fairview.
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Turmoil in Egypt. Egypt visited my site. This Before I tweeted that I already discussed Egypt!!! (3) slimviews.blogspot.com/2011/01/egypt-…
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Turmoil in Egypt. Egypt visited my site. This Before I tweeted that I already discussed Egypt!!! (2) slimviews.blogspot.com/2011/02/egypt-…
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Turmoil in Egypt. Egypt visited my site. This Before I tweeted that I already discussed Egypt!!! slimviews.blogspot.com/2011/02/busine…
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Russia, Ukraine, Slovenia, Latvia...much interest in my blog from that part of the Globe, eh? slimviews.blogspot.com
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Not for the EuroWatchers only. The APEC watchers can learn from this as well. slideshare.net/slimfairview/t… Regards, Slim
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Are London Bookmakers giving odds on the EuroCrats or the IMF offering me a job? Are the Odds going up or down? Lend me a fiver? ;-)
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Are London Bookmakers giving odds on The EuroCrats Embracing my suggestion they change the Process? Are the odds going up or down? Slim
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Austria! A new visitor to slimviews.blogspot.com Thank you. Is my call for Merkel's Resignation getting traction? Slim
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The West Frets about China. They must do. I posted this scant moments ago. slimviews.blogspot.com/2011/11/china-… it is a Hit Getter!! Slim
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@
Warmest regards,
Slim
Copyright © 2011 Slim Fairview
All Rights Reserved.
Friday, October 14, 2011
K Mart and a Guy Named Craig
The Side Street Journal is committed to illuminating the failures and foibles of management in general and mangers and leaders in particular. Today, however, I am going to shine a light on something I see as a positive change in retail. It's simple enough. Here is what happened.
I went into a K Mart today. I haven't been there in a while. Why not? It had been on the decline. And, of course, when a business is on a decline, it cuts corners. The store was too dim and too warm. The employees seemed disheartened. Now there is change. What Happened?
Well, I don't know how it came about, but they are turning things around.
When at K Mart, I happened upon a fellow named Craig talking to the managers from other stores in an "on the floor" meeting. Now, this is a template store. This is a good thing. (From a management perspective.)
Apparently, Senior Management accidentally hired or promoted someone qualified. (+)
As Craig was talking to the managers, I was watching the managers. They appeared to be receptive to the message. That is easy to understand. Craig communcates well.
Slim Fairview's Four Rules of Communication:
Precision
Concision
Enumerate
Specify
Also, Craig avoided the cliches, slogans, and platitudes often used by those who embrace style over substance. (That is because too many people in Craig's position lack substance.)
You know the person.
"I am really excited about the changes being made."
"You can almost feel the energy among the employees on the floor."
"Everyone now has a very positive attitude."
"There is no I in team."
"The Consensus is....."
"The other day a customer came up to me and said, 'I really am excited about what I see happening here at K Mart'."
You know the person. Well that person is not Craig. As I said before, Senior Management accidentally did something right.
Now, while this is a template store, this is an indicator of what K Mart is trying to do. They seem to have brought someone on board who is capable of bringing people on board. (Okay, sometimes I get like one of those people I poke fun at.) Craig is an indicator.
Now, on to Caveat Emptor.
Every time I hear that, the emphasis is on the Caveat. I will now focus on the Emptor.
Just as positive reinforcement of negative behaviour is a disincentive to change, so too positive reinforcement of positive behaviour is an incentive to improve. If we want retail in America to improve, we must support the positive changes when we see them. That is why I've written this monograph. K Mart isn't paying me for this. No one is. (No one ever does, but that is another issue.)
If K Mart is going through the efforts to make positive changes, the least we can do is give them a fair chance. Hence, I shall be shopping at K Mart to watch the evolving.
Sincerely,
Slim
NB: I have no affiliations with K Mart, or any of its affiliates, or any firm engaged in the marketing or advertising of K Mart. This is simply an observation for those who have an interest in managment, marketing, and retail sales.
PS. Paula, the cashier, seems to be evidence of great employee morale. Must be a reason for this.
slimfairview@yahoo.com
Copyright (c) 2011 Slim Fairview
I went into a K Mart today. I haven't been there in a while. Why not? It had been on the decline. And, of course, when a business is on a decline, it cuts corners. The store was too dim and too warm. The employees seemed disheartened. Now there is change. What Happened?
Well, I don't know how it came about, but they are turning things around.
When at K Mart, I happened upon a fellow named Craig talking to the managers from other stores in an "on the floor" meeting. Now, this is a template store. This is a good thing. (From a management perspective.)
Apparently, Senior Management accidentally hired or promoted someone qualified. (+)
As Craig was talking to the managers, I was watching the managers. They appeared to be receptive to the message. That is easy to understand. Craig communcates well.
Slim Fairview's Four Rules of Communication:
Precision
Concision
Enumerate
Specify
Also, Craig avoided the cliches, slogans, and platitudes often used by those who embrace style over substance. (That is because too many people in Craig's position lack substance.)
You know the person.
"I am really excited about the changes being made."
"You can almost feel the energy among the employees on the floor."
"Everyone now has a very positive attitude."
"There is no I in team."
"The Consensus is....."
"The other day a customer came up to me and said, 'I really am excited about what I see happening here at K Mart'."
You know the person. Well that person is not Craig. As I said before, Senior Management accidentally did something right.
Now, while this is a template store, this is an indicator of what K Mart is trying to do. They seem to have brought someone on board who is capable of bringing people on board. (Okay, sometimes I get like one of those people I poke fun at.) Craig is an indicator.
Now, on to Caveat Emptor.
Every time I hear that, the emphasis is on the Caveat. I will now focus on the Emptor.
Just as positive reinforcement of negative behaviour is a disincentive to change, so too positive reinforcement of positive behaviour is an incentive to improve. If we want retail in America to improve, we must support the positive changes when we see them. That is why I've written this monograph. K Mart isn't paying me for this. No one is. (No one ever does, but that is another issue.)
If K Mart is going through the efforts to make positive changes, the least we can do is give them a fair chance. Hence, I shall be shopping at K Mart to watch the evolving.
Sincerely,
Slim
NB: I have no affiliations with K Mart, or any of its affiliates, or any firm engaged in the marketing or advertising of K Mart. This is simply an observation for those who have an interest in managment, marketing, and retail sales.
PS. Paula, the cashier, seems to be evidence of great employee morale. Must be a reason for this.
slimfairview@yahoo.com
Copyright (c) 2011 Slim Fairview
Saturday, October 8, 2011
USPS 1st Class Incompetence
As I was preparing a monograph on Postal Problems and Possible Solutions a new problem arose just this morning.
For a year and a half, my wife and I lived in a very small resort community. We were, according to the law, residents and not "hotel guests".
We moved. We filled out a forwarding form. Our mail was forwarded for a few weeks. Then we received this note in an envelope with some mail:
[ Name of Resort ] is considered a business the Post office doe not allow ind Forward out of a Business. Please Fix your mail will be unable to forward.
How do I explain this to someone who works as a manager for the USPS?
Metaphor.
I live at the Sunnyside Apartments.
I am a renter.
I move.
I have my mail forwarded.
Sunnyside Apartments is a business.
Does that mean the Post Office won't forward my mail?
*********************************
Now, this begs the question. What does this mean: "Please Fix your mail will be unable to forward."
Should I go on to illuminate from the inside?
I worked for the USPS as a letter carrier for a few years. (Until it became unbearable.)
Case in point.
A new guy was going to do one of my routes.
The route had a large loop requiring the use of "Relay Boxes"
You drop of a bundle of mail in each of three boxes and begin the route.
You deliver, say, 60 houses. You open the relay box and get mail for the next 60 houses. Then for the next 60. Then the next 60. This puts you back at your jeep.
This pattern requires a "Z" pattern of delivery. E.g.
1, 3, 5, 7, 9, 11, 2, 4, 6, 8, 10, 12, 14, 16, 18, 13, 15, 17, 19....and so on.
You start on one side of the street, deliver 5 or six houses, go back to the beginning of the street, deliver 10 or 12 houses, go back to where you left off, and so on. This is, yes, an efficient way of delivering this type of loop. If you have this information before you go out to deliver the route. Then management interferes.
I am explaining this to the carrier. Or trying to. The Manger comes over to offer wisdom:
"Fifteen minutes on the street is worth more than an hour in the office."
Oh, yeah......
The carrier came back two hours late. He delivered 60 houses, ran out of mail, went back to the jeep to get more. He delivered 60 houses, went back to the jeep to get more. You get the idea.
Later, the carrier foreman told me that the carrier being late was my fault. "The mail was out of order."
Well, yes it was. It was supposed to be. Also, the carrier should have known about relay boxes.
The Postal Service will never solve its problems until it implements an efficient way of getting rid of managers who simply can't manage.
Now, if you will excuse me, I must try to fix my mail.
I will keep you updated on the Sectional Center Manager's Lack of Capacity to Fix the Problem and keep Postal Management Incompetence At the Fore.
Sincerest regards,
Slim
For a year and a half, my wife and I lived in a very small resort community. We were, according to the law, residents and not "hotel guests".
We moved. We filled out a forwarding form. Our mail was forwarded for a few weeks. Then we received this note in an envelope with some mail:
[ Name of Resort ] is considered a business the Post office doe not allow ind Forward out of a Business. Please Fix your mail will be unable to forward.
How do I explain this to someone who works as a manager for the USPS?
Metaphor.
I live at the Sunnyside Apartments.
I am a renter.
I move.
I have my mail forwarded.
Sunnyside Apartments is a business.
Does that mean the Post Office won't forward my mail?
*********************************
Now, this begs the question. What does this mean: "Please Fix your mail will be unable to forward."
Should I go on to illuminate from the inside?
I worked for the USPS as a letter carrier for a few years. (Until it became unbearable.)
Case in point.
A new guy was going to do one of my routes.
The route had a large loop requiring the use of "Relay Boxes"
You drop of a bundle of mail in each of three boxes and begin the route.
You deliver, say, 60 houses. You open the relay box and get mail for the next 60 houses. Then for the next 60. Then the next 60. This puts you back at your jeep.
This pattern requires a "Z" pattern of delivery. E.g.
1, 3, 5, 7, 9, 11, 2, 4, 6, 8, 10, 12, 14, 16, 18, 13, 15, 17, 19....and so on.
You start on one side of the street, deliver 5 or six houses, go back to the beginning of the street, deliver 10 or 12 houses, go back to where you left off, and so on. This is, yes, an efficient way of delivering this type of loop. If you have this information before you go out to deliver the route. Then management interferes.
I am explaining this to the carrier. Or trying to. The Manger comes over to offer wisdom:
"Fifteen minutes on the street is worth more than an hour in the office."
Oh, yeah......
The carrier came back two hours late. He delivered 60 houses, ran out of mail, went back to the jeep to get more. He delivered 60 houses, went back to the jeep to get more. You get the idea.
Later, the carrier foreman told me that the carrier being late was my fault. "The mail was out of order."
Well, yes it was. It was supposed to be. Also, the carrier should have known about relay boxes.
The Postal Service will never solve its problems until it implements an efficient way of getting rid of managers who simply can't manage.
Now, if you will excuse me, I must try to fix my mail.
I will keep you updated on the Sectional Center Manager's Lack of Capacity to Fix the Problem and keep Postal Management Incompetence At the Fore.
Sincerest regards,
Slim
Tuesday, September 27, 2011
The EuoCrats Trojan Plan
The EuroCrats have a plan--Destroy Greece!
This is what the experts had to say [In today's NY Times].
Policy makers want to put Greece on a path toward reducing its debt load to just below 100% of its GDP within this decade so it can wean itself off taxpayer bailouts.
The Hope is that much of that reduction would come through revived economic growth.
(They get paid to say things like that.)
This plan has the same academic substance as the "policy" of analysts past.
They supported the 110 Billion Euro bailout for Greece on the assumption that the Greek economy would grow. Then they recommended imposing sanctions on Greece to punish them because their "assumptions" were wrong.
Next we learn that German Officials are not opposed to increasing the rescue funds power to leverage it's government guarantees.
This sounds like they are not willing to be part of the programme to put money into the rescue fund but will be one of the co-signers on a loan if the fund wants to borrow money to increase its size. Some ideas don't need any comment. This is one of them.
The next thing we notice is how the market is responding. (In real life.)
1. Greek 2-year notes are at 69.7% because investors "concluded" default is inevitable.
2. Investors worry that the 440 Billion Euro Bailout is Insufficient.
3. Heavy Bank Investment Resulted in a Heavy Bank-Stock Drop.
"Money is not a substitute for management."--Slim Fairview
Investors invest to make profits. Not to mitigate losses. Leveraging the stability fund is analogous to margin buying immediately prior to the crash of '29.
Robert Burns surely knew what he was writing about. He must have been writing about the EuroCrats.
But Mousie, thou art no thy lane,
In proving foresight may be vain:
The best-laid schemes o' mice an' men
Gang aft agley,
An' lea'e us nought but grief an' pain,
For promis'd joy!
At some point in time, the EuroCrats must realise that the process is not working. Thus, Change the Process. However, at some point in time, the Greeks must realise that the process is not working. When that happens, the resentment and not the debt crisis will spread to Ireland, Portugal, Italy, Spain et. al.
You cannot see growth in Greece if you make every effort to impede growth and keep the Greek people shackled to poverty by keeping the Greek people shackled to poverty programmes.
That you cannot predict the future is not a proper rebuff to the one who tells you to "get off the tracks, the train is coming".--Slim Fairview
Bon Chance.
Slim
slimfairview@yahoo.com
Copyright (c) Slim Fairview
http://slimviews.blogspot.com/2011/09/greece-problem-solution.html
This is what the experts had to say [In today's NY Times].
Policy makers want to put Greece on a path toward reducing its debt load to just below 100% of its GDP within this decade so it can wean itself off taxpayer bailouts.
The Hope is that much of that reduction would come through revived economic growth.
(They get paid to say things like that.)
This plan has the same academic substance as the "policy" of analysts past.
They supported the 110 Billion Euro bailout for Greece on the assumption that the Greek economy would grow. Then they recommended imposing sanctions on Greece to punish them because their "assumptions" were wrong.
Next we learn that German Officials are not opposed to increasing the rescue funds power to leverage it's government guarantees.
This sounds like they are not willing to be part of the programme to put money into the rescue fund but will be one of the co-signers on a loan if the fund wants to borrow money to increase its size. Some ideas don't need any comment. This is one of them.
The next thing we notice is how the market is responding. (In real life.)
1. Greek 2-year notes are at 69.7% because investors "concluded" default is inevitable.
2. Investors worry that the 440 Billion Euro Bailout is Insufficient.
3. Heavy Bank Investment Resulted in a Heavy Bank-Stock Drop.
"Money is not a substitute for management."--Slim Fairview
Investors invest to make profits. Not to mitigate losses. Leveraging the stability fund is analogous to margin buying immediately prior to the crash of '29.
Robert Burns surely knew what he was writing about. He must have been writing about the EuroCrats.
But Mousie, thou art no thy lane,
In proving foresight may be vain:
The best-laid schemes o' mice an' men
Gang aft agley,
An' lea'e us nought but grief an' pain,
For promis'd joy!
At some point in time, the EuroCrats must realise that the process is not working. Thus, Change the Process. However, at some point in time, the Greeks must realise that the process is not working. When that happens, the resentment and not the debt crisis will spread to Ireland, Portugal, Italy, Spain et. al.
You cannot see growth in Greece if you make every effort to impede growth and keep the Greek people shackled to poverty by keeping the Greek people shackled to poverty programmes.
That you cannot predict the future is not a proper rebuff to the one who tells you to "get off the tracks, the train is coming".--Slim Fairview
Bon Chance.
Slim
slimfairview@yahoo.com
Copyright (c) Slim Fairview
http://slimviews.blogspot.com/2011/09/greece-problem-solution.html
Monographs on the Greek Debt Crisis
This is a catalogue of the monographs on solving the EuroCrisis"
In blog fashion, it is in reverse order. Please read from the bottom up.
Sincerest regards,
Slim
copyright (c) 2011 Slim Fairview
Slimfairview@yahoo.com
In blog fashion, it is in reverse order. Please read from the bottom up.
Did the EruoCrats Do Something About the Crisis? Did it work? No? Don’t do that!
Greece: Problem? Solution!
Did the EruoCrats Do Something About the Crisis? Did it work? No? Don’t do that!
EruoCrats: It is our policy to fail.
Did the EruoCrats Do Something About the Crisis? Did it work? No? Don’t do that!
Can Leadership be learned? See: EuroCrisis
Did the EruoCrats Do Something About the Crisis? Did it work? No? Don’t do that!
EuroCrisis: Hocus Pocus—Focus!
Did the EruoCrats Do Something About the Crisis? Did it work? No? Don’t do that!
EuroCrisis Analogy
Sincerest regards,
Slim
copyright (c) 2011 Slim Fairview
Slimfairview@yahoo.com
Monday, September 26, 2011
TeamWork or a Team?
This is true. However, witness a football team.
When the Quarterback get the ball from the Center, there is no consensus building. Each member of the team has a job to do. Each member of the team does his job, not someone else's job.
The Guards guard. The Tackles tackle. The QB decides whether to pass, run, or hand the ball off to someone in the backfield.
There is no discussion, shared vision, visioning process, concern about group-think, or consensus building.
There is a goal. Sometimes things are too obvious for people to see them.
The actions of the QB are based on rapidly changing conditions. There is no discussion and certainly no committee.
Corporate America has spent Millions on Team Building
And how is it working out for America?
Millions invested....and a vested interest in protecting their turf.
Consensus does not take place in the huddle. Before the huddle, each member of the team has a job to do. That individual responds to the conditions he is confronted with and whatever the QB said in the huddle becomes irrelevant. More on this in a moment. After we discuss...
Trust
Trust is important. However, this goes to the underlying basis of that trust.
You may trust me completely, however, if I am a bad football player, an opposing team member will get past me and tackle you. There must be a basis for that trust and in football as in business that basis is the ability to do the job.
Back to the individual having a job to do. His job to do. This is Delegation of Authority. The quarterback does not stand there directing you: Watch out, watch him, block them. Again, the delegation of authority is based on the ability of that team member to do that team member's job.
Back to the millions spent by corporations on team building.
America has spent millions, if not billions, over the decades on diet books, get-rich-quick books, and self-help books. On that basis we should all be skinny, rich, and well-adjusted. We are not. We are fat, poor and dysfunctional. [Well, except perhaps for the people who don't buy diet books, get-rich-quick-books, and self-help books.]
The basis of millions if not billions spent, the credentials of those authors writing those books, and the reception of the public has not justified the pursuit or the expense.
We no longer use the empirical method of scientific inquiry. Now, we come up with a theory and seek data to support it. We write a book, prey on gullible people, and use credentials, bogus science, and financial success as compurgation, justification, and validation
Now, how is America doing? How are the EuroCrats doing? Perhaps it is time we abandon the Process. Change the Process. To start:
Everyone who goes around with consensus on his lips should be boiled in his own pudding....! The same goes for the word Committee.
If you want team building in your company, buy the book, How to Play Football. Start a company football team, and build a lot of good will among your employees. If you want to succeed in business, run your team like the football team on the field.
As Yogi Berra once said, "In theory there is no difference between theory and practice. In practice there is."
Watch what happens on the football field. That is what is going on in the business world.
\
If you find anything here to be helpful, please don't hesitate to send me a really tricked out Google Pixelbook and to tuck a few dollars into the envelope along with the thank you note. Slim.
Sincerest regards,
Slim
Copyright (c) 2011 Bob Asken
All rights reserved.
slimfairview@yahoo.com
When the Quarterback get the ball from the Center, there is no consensus building. Each member of the team has a job to do. Each member of the team does his job, not someone else's job.
The Guards guard. The Tackles tackle. The QB decides whether to pass, run, or hand the ball off to someone in the backfield.
There is no discussion, shared vision, visioning process, concern about group-think, or consensus building.
There is a goal. Sometimes things are too obvious for people to see them.
The actions of the QB are based on rapidly changing conditions. There is no discussion and certainly no committee.
Corporate America has spent Millions on Team Building
And how is it working out for America?
Millions invested....and a vested interest in protecting their turf.
Consensus does not take place in the huddle. Before the huddle, each member of the team has a job to do. That individual responds to the conditions he is confronted with and whatever the QB said in the huddle becomes irrelevant. More on this in a moment. After we discuss...
Trust
Trust is important. However, this goes to the underlying basis of that trust.
You may trust me completely, however, if I am a bad football player, an opposing team member will get past me and tackle you. There must be a basis for that trust and in football as in business that basis is the ability to do the job.
Back to the individual having a job to do. His job to do. This is Delegation of Authority. The quarterback does not stand there directing you: Watch out, watch him, block them. Again, the delegation of authority is based on the ability of that team member to do that team member's job.
Back to the millions spent by corporations on team building.
America has spent millions, if not billions, over the decades on diet books, get-rich-quick books, and self-help books. On that basis we should all be skinny, rich, and well-adjusted. We are not. We are fat, poor and dysfunctional. [Well, except perhaps for the people who don't buy diet books, get-rich-quick-books, and self-help books.]
The basis of millions if not billions spent, the credentials of those authors writing those books, and the reception of the public has not justified the pursuit or the expense.
We no longer use the empirical method of scientific inquiry. Now, we come up with a theory and seek data to support it. We write a book, prey on gullible people, and use credentials, bogus science, and financial success as compurgation, justification, and validation
Now, how is America doing? How are the EuroCrats doing? Perhaps it is time we abandon the Process. Change the Process. To start:
Everyone who goes around with consensus on his lips should be boiled in his own pudding....! The same goes for the word Committee.
If you want team building in your company, buy the book, How to Play Football. Start a company football team, and build a lot of good will among your employees. If you want to succeed in business, run your team like the football team on the field.
As Yogi Berra once said, "In theory there is no difference between theory and practice. In practice there is."
Watch what happens on the football field. That is what is going on in the business world.
\
If you find anything here to be helpful, please don't hesitate to send me a really tricked out Google Pixelbook and to tuck a few dollars into the envelope along with the thank you note. Slim.
Sincerest regards,
Slim
Copyright (c) 2011 Bob Asken
All rights reserved.
slimfairview@yahoo.com
Greece: Problem? Solution!
Greece has been around a long time. Greece predates Europe. The Greek citizen invented the Senate. The Senate did not invent the Greek citizen.
The current state of affairs in Greece is due, in part to Government ownership--In part. The other part is the notion that when the Government owns everything, everyone owns everything. This is the failed Soviet Style of Communism. The reality is that when everyone owns everything, no one owns anything.
With the Greek Citizen—with no vested interest, there is no interest.
Do you dispute me? I shall refute you.
How hard is the Greek worker fighting for his benefits?
Very hard.
Why?
Because his benefits belong to him.
Privatisation is not a dirty word.
While every plan for Greece has involved a bailout, none has involved any capital investment or economic development.
In a recent NY Times article, “The IMF “traditionally” said cutting budget deficits is the solution to the problem. Mr. Summers said Mme Lagarde’s reversal is a welcome change in thinking, emphasizing that we should be establishing a basis for growth.” I assume Mme Lagarde and I are the only two people saying this. Or, perhaps Mme. Lagarde is the only person reading my blogs. Madame goes on to say, “…the markets realize that commitment to cut spending cannot survive a lengthy stagnation.”
The best option for Greece (I have a project not a plan.) is a major economic development project that changes the process.
Let us be honest. The EuroCrats are intelligent, educated, and experienced. Why then have they failed to solve or even mitigate the damages or ameliorate the problems? By the process of elimination, the problem is the process. That must change. In Greek: Δ
The first startling example is that what the EuroCrats are doing to the Greek People can be called “poverty programmes”. The Greek People need “Prosperity Programmes”.
As an aside, I thought that warning of a move to the “right’ would be a consequence for Greece if the problem can’t be solved soon was an overstatement. Then I remembered some American political math. It is analogous.
Dems control Congress + Jimmy Carter = Ronald Reagan.
Dems control Congress + Bill Clinton = Republican turnover in Congress.
Dems control Congress + Barack Obama + Massive GOP turnover in House of Rep.
Okay, I concede. The Greek people can fix the problem now while it is small (by comparison) or wait till there is a real disaster. But I digress.
The difference between the aforementioned Soviet Style Communism and Chinese Communism (Aside from the failure of the former and the success of the latter) is China’s Middle Class.
The divestiture of Greece’s State Owned Assets is crucial to the turnaround in Greece. A limit on foreign ownership of shares in the newly minted, publicly traded companies is also essential.
Some of those assets may include but are not limited to:
Transportation
Energy
Media
Communications
With the Greek Citizen owning the asset, the Greek Citizen will have a vested interest in its success. There will be a profit incentive.
Greece; Influx of Tax Revenue without increasing taxes
Relief from Debt and the crushing interest rates
Benefits of the multiplier effect
Reduction in Lenders: Increase in Investors
Increased Capitalisation of Banks
What has been the alternative so far?
The Greek Government
Raised Taxes
Slashed Pensions
Cut State Salaries
Plans to cut jobs and cut pensions again.
Greece still has problems. Why? Because The Greek Government
Raised Taxes
Slashed Pensions
Cut State Salaries.
Someone then told the Government that by lowering wages tax revenues will fall. The Government solution to this was to fire people. This caused a further decline in revenue. To address this, the Government increased property taxes on the unemployed and underpaid. And all of this is the result of Austerity measures imposed on Greece by the EuroCrats who were working to solve the problem. Call me a flawed human being, but I believe the EuroCrats have failed in their mission.
Union busting will not solve the problem.
Labour strikes will not solve the problem.
Firing people will not solve the problem.
Taxes will not solve the problem.
[No country ever taxed its way to prosperity. The mantra during the first two years of Bill Clinton’s first term as President of the United States.]
For further information, please read my blogs on the matter.
Bon Chance!
Sincerest regards,
Slim
Copyright © 2011 Slim Fairview
The Multiplier Effect:
the Future of the G 20 in Good Times and Bad
China: The economy and a word beginning with the letter P
http://slimviews.blogspot.com/2011/06/china-economy-and-word-beginning-with.html
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