Comments on: Financial Bailout and Leading Change

By: rick maurer

rick maurer — Fri, 10 Oct 2008 20:08:36 +0000

Eric -

Thanks. I agree about the the impact that a lack of visible accountability.

Mike -
Glad you’ll be able to use these points in your workshops.

Rick

By: eric b

eric b — Fri, 10 Oct 2008 20:02:46 +0000

Thanks for the insights that reflect thinking deeper than typical sound bites. I would add to yours above, that trust is also ruined when there’s at best minimal visible accountability in government.
As my folks always said, “Chickens do come home to roost.”

By: Mike Nestor

Mike Nestor — Thu, 09 Oct 2008 14:53:24 +0000

Great teaching points that we can all relate to! I will certainly use this for discussion in my next “change” workshop.

By: Phil Clark

Phil Clark — Thu, 09 Oct 2008 13:31:06 +0000

Good insights. Sadly, we reached a decision. Yet even today no one understands enough of the economy, even the “players” to know if it will work. That is what makes quick decisons dangerous. Were people who remained successfully and did not contribute to this problem asked to offer solutions? Not that I know of. Were contributors to the problem and those responsible for keeping the economy safe (and failed)heading the “solution”. Yes. Did we likely get the best decision. No. I fear ego, power, and blame drove the process and that is dangerous. Change, without a sound process and thinking, that somehow works is the result of luck, not sound thinking. I hope we are lucky.

By: rick maurer

rick maurer — Wed, 08 Oct 2008 17:53:21 +0000

Bryant – Thanks for your comments. I am far from being an expert on what we should do. But I do know that I have little trust in most of the people who are telling us what will work. Where were they a year ago?

By: rick maurer

rick maurer — Wed, 08 Oct 2008 17:49:35 +0000

I had to do something to take my mind off my retirement investments:) Thanks for your comments.

By: Jennifer A. Mitchell

Jennifer A. Mitchell — Wed, 08 Oct 2008 17:42:10 +0000

Kudos on being able to find a silver learning and educational opportunity in the midst of this politicial / financial mess we are all witnessing! It was refreshing to already read of some quick lessons learned!

By: Bryant Arms

Bryant Arms — Fri, 03 Oct 2008 13:33:49 +0000

The financiers are snookering us again. We, the taxpayers, will never see that money once Congress caves in to special interests, (as usual). If we try to get it back by taxing these businesses, then they will take the good parts of their portfolios and flee to other countries. Suckers!

If we use that money to enhance social security, then all of the retirees that lost their retirement funds in the stock market will at least be guaranteed a reasonably comfortable retirement. (The only ones who will still be unhappy are the ones trying to retire to their mansions.)

Finally! Congress has found the money to make social security work.

Let Congress know that if they get fooled by this bailout, then the only thing for voters to do is punish congress the way it was punished for the gulf war.

Bryant Arms