Thursday, November 26, 2009

Opinion

Failed Leadership Caused the Financial Crisis

We need to do more than fix the crisis; we need to fix the mindset that got us into it

Posted November 19, 2008

Reader Comments

Wall clock

Badly need your help. The man who has nothing to boast of but his illustrious ancestry is like the potato - the best part under ground.

I am from Darussalam and , too, and now am writing in English, please tell me right I wrote the following sentence: "To sustain excellence tthyroid that in published and they."

Best regards :P, Picabo.

I agree with Ray Canady, above.

The problem seems to be that our system produces very few honorable people, or at least the honest ones are not attracted to leadership in the US.

Which leaves us with his goals and ideals of leadership, and how we are going to modify the system, adding checks and balances so that a weak leader cannot do as much damage as has been done during this administration.

True! Why isn't this obvious to everyone?

The humorous newspaper "The Onion" predicted these events in 2001. There is plenty of blame to go around, and if you peruse the pages of The Onion, you'll find criticism of Democrat and Republican alike. I was reading one of their compilation books today. One fictional Onion headline stated "At long last, our national nightmare of peace and prosperity is over."--in reference to the election of George W. Bush. What was prophetically scary was that the accompanying fictional article predicted that the new president would a. Escalate aggression against our "enemies", and b. Deregulate aggressively. Of course, those events happened; with the predictable consequence. Similar articles in The Onion have accurately lampooned Bill Clinton's leadership.

So, if humorous fictional college campus newspapers can accurately describe our leadership failures, and predict the disastrous effects of our leaders' actions---why can't the rest of us see it?

RX For Failed Leadership

It seems to me that one good place to begin dealing with the problems created by "greedership" in US business and government is to identify a set of principles on which decisions are to be based--and judged.

Thought-Starter Suggestions:

First Principal: Actions have consequences. And all leaders must be judged primarily on the consequences of their actions.

No excuses. No alibies. Results, both long-and short-term.

Second Principal: What is, is. And every attempt to convey or imply something other than the truth is a falsehood. A lie.

And must be identified as such--by people and by all media who profess to serve the people.

Third Principal: First things first. Every leader--of every organization, every company, every political party, every group-must clearly and publicily spell out priorities: what will be priority 1...what priority 2...on on through priority 5. Only when priority 5 has been accomplished shall any leader spell out the next five priorities.

Those elected to local, state or national offices shall be judged on how well they serve their constituents. Selling out to lobbyists is self-serving--and will be identified as such.

Problem 1: Elections last too long and cost too much. This creates situations where those who would be elected are tempted to "sell" their votes in exchange for campaign support and/or to create "earmarks" designed primarily to win votes.

Problem 2: Far too many "leaders" act too often as "misleaders" who serve primarily themselves and those from whom they seek to gain support. They seek to divide "us" from "them", rather than to unite people in a common cause.

Problem 3: Media that tell "their" side of the story--who support one party or the other--are a growing problem. When voters are given "slanted" views instead of an unbiased reporting of the pertinent fact, they are ill-equippted to make sound decisions.

Fact: All of us are stronger and wiser than any of us--when we work together. Putting half the horses on each side of the wagon results in much wasted effort and no progress. All "misleaders" who distort the truth in an effort to further their own cause damage our common cause.

Belief: Our nation...our world...needs leaders who strive to improve the common good. Not to pit one group against another.

Add your thoughts

All comments are moderated and generally will be posted if they are on-topic and not abusive. For more information, please see our Comments FAQ.

Crossword Puzzle

Do You Like Crosswords?

We've added a new feature to our weekly digital magazine: an exclusive crossword puzzle!

advertisement

Cartoon Gallery

Editorial Cartoon

Political Cartoons

Check out our most recent cartoons.

Mary Kate Cary

Mary Kate Cary

The GOP Should Reach Out to Women

The male-dominated party just doesn't understand what women want.

Mort Zuckerman

Mort Zuckerman

The Financial System Needs a Careful Cure

Let the Federal Reserve oversee new regulations for finance giants.

Palin Cartoon Gallery

Editorial Cartoon on Sarah Palin

We've assembled some of the best editorial cartoons on Sarah Palin. Check them out.

Thomas Jefferson St.

GOP Can Be Thankful for Strong Polls

But they cannot get complacent.

5 Reasons for a Democratic Thanksgiving

Michael Steele and healthcare reform top the list.

Women Have Say on Health Reform

If it's the year of the women, why are there so few of them?

Turkey Tax

Uncle Sam is joining in on your Thanksgiving dinner.

Ideological Labels Just Don't Fit

Hard-liners don't understand that some of us don't toe an ideological line.

A Decade in Biased Review

How well does the video sum up the last decade?

GOPers Push European-Style Litmus Tests

Some RNC members want strict party platforms. Why do they hate America?

Your Photos

President Barack Obama speaks about combat troop level reductions in Iraq as he addresses military personnel at Marine Corps Base Camp Lejeune.

Obama in Your Town

Has the president visited your town? Send your photos to obamaphotos@usnews.com, and we'll post our favorites online.

Courtesy Greg Meinert

Thousands cheer as Obama becomes the 44th president.

Your Inauguration Photos

Thanks for sending us such great shots from this historic event.


A baby kissing an Obama poster for Washington Whispers.

Your Campaign Photos

We asked to see your personal election pictures and you delivered.

Public Opinion

Should the GOP Have a Litmus Test?

Should the RNC exclude politicians who don't match the party's platform?

advertisement

Use of this Web site constitutes acceptance of our Terms and Conditions of Use and Privacy Policy.
Make USNews.com your home page.