Wednesday, August 31, 2011

Today's Dose Of Common Sense!

The reason the economy hasn't rebounded has befuddled the current administration in Washington. Honestly, we're about to find out their weapons against the failing financial market are completely out of bullets when the President regurgitates his new economic plan. It'll be a complete rehashing of failed policy with little or no new ideas. I'd like to make a suggestion!

In his book Trust: The Social Virtues and the Creation of Prosperity, Francis Fukuyama points out that every culture that has been able to advance it's economy, achieve technical proficiency, and develop innovative organizations has been a society where trust is entrenched in the society.

Healthy functioning communities are built on trust!

One of the warning signs of a society that has lost it's way is when you find a burden of over regulation, which make it nearly impossible to negotiate and litigate business dealings. High trust societies are able to minimize the cost of doing business by eliminating the regulation burden placed on business, advancing the culture to a higher level. Health communities rely on people who invest in one another, serve one another, provide for one another, and defer to one another. They don't rely on the government to do this for them!

Here's my last thought. When you seek to have a surgery, do you find a surgeon who has read all about the practical application of the task, and teaches it to others without ever having applied the technique personally, or do you seek a seasoned veteran who has applied the knowledge and performed the procedure? I know my choice, I'm assuming your is similar. Why, oh why, do we keep getting nominees from this administration that are academics who have never applied their theories? Wouldn't a wise man seek counsel from someone with "fruit on the tree?" Perhaps this is why their guns are out of bullets?

God Bless!
Capt. Bill


No comments:

Post a Comment