Friday, June 18, 2010
Shakedown Cruise
Friday, June 11, 2010
King For A Day, Year, Term, Life?
The liberal progressives love to talk about the Constitution being a 'living,
breathing' document. How is that possible when they have deliberately
killed it? It's dead as a doornail as my mother would say. Proof of that is
that the current federal government does anything and spends anything it
darn well pleases and any of us that raise constitutional objections to their
behavior are laughed out of Washington. A city named for the man who
had the most reverent respect for the Constitution. We used to talk about
being a nation of laws, not men. History clearly shows that when the whim
of men rule without legal restraint, tyranny and horror follow. The same
holds true for a pure democracy. Simple, unfettered majority rule is merely
anarchy by another name. Actually its worse, its oppression and abuse of
the minority by majority mob rule. That's why our Constitution did not
establish a simple democracy with majority rule. We are a constitutional
representative republic with democratically elected public servants. The
majority is constrained by the mutually agreed to provisions and restrictions
of the Constitution. Furthermore, changing any tenet of the Constitution
is a laborious and time-consuming task, requiring far more than a simple
majority vote. As it should.
So today, with our Constitution essentially relegated to tawdry Saturday
Night Live skits for laughs, we are no longer a national of laws. We are
a nation ruled by the whim of the man-of-the-moment. Right now that
man is Barack Hussein Obama. Whatever he says goes, whatever he
wants he gets. Rule by executive order and regulatory fiat, not by
constitutional principles or even legitimate legislation. Take over private
businesses and industry at the drop of a hat. This is fascist tyranny.
Tomorrow the man (or woman) of the moment might be Mitt Romney
or Sarah Palin or Hillary Clinton or Joe Biden. I don't care who it is,
I don't like it. I don't want to be ruled (vs. governed) by anyone under
such tyrannical circumstances, whether right or left, Republican or
Democrat, conservative or liberal, libertarian or progressive. The rule
of any man, if unfettered will lead to disaster; no matter how seemingly
benevolent or altruistic the original intentions.
In my estimation, the survival of our nation rests upon our ability to
restore the Constitution and the rule of law to its rightful preeminence
Thursday, June 10, 2010
E.P.A. Takeover Senate Vote
Friday, June 04, 2010
Graduation vs. Innovation
If I were asked to speak to graduates (yeah right) I would give them one idea to take away; our economic society rewards innovation, not graduation. Now I’m not down on education. I’m not down on graduation from high school or college or professional school. Good education is a good thing. It gives you a basic core of general knowledge which is useful in life and it can teach you to think. There is no doubt that the more graduation you have under your belt the more probable it is that you will earn a bit more in the job market than people without some education. But don’t construe that to mean that higher education will automatically lead to wealth, freedom of time, happiness and satisfaction and the creation of a life legacy. Education may give you a marginal advantage at the starting line but by no means guarantees a top finish at the tape. If you don’t take what you have learned and then innovate you will probably settle for a mediocre job with a mediocre income and a mediocre life. You will trade the great life for the good life, which is OK if that’s all you want. Sadly many graduates think that their diploma guarantees them an exceptional income, a big new house, racy cars, fancy clothes and jewelry and glamorous vacations. And it all comes immediately upon graduation. That is a fantasy, sheer nonsense. What is more scary is that easy credit attacks kids right out of school and sucks them in with the ‘you deserve it, you deserve it now and you can have it now,’ mentality. All for easy monthly payments. Forever. These youngsters start living the good life on credit right out of school and think they have the world by the tail. For a while. Then reality sets in. The bills start coming and the payments get bigger and bigger every month. All of a sudden those houses and cars aren’t nearly as glamorous as they originally looked. Maybe our grandparents did know something after all. When they got out of school they rented a small house or apartment, bought a small used car for cash and then worked hard and SAVED their money, living well below their means for many years. And mostly the women didn’t work; they stayed home and took care of the kids. And yet with modest jobs they finished life owning their homes and cars outright with no personal debt and hundreds of thousands of dollars in the bank. Ah, the magic of compounding. Many had boats and summer cabins that they owned free and clear. There were no credit cards when they started their adult lives and when they did arrive on the scene they thought that such things were from the devil. Their philosophy was if you can’t afford it with cash don’t buy it! Save up for a while if you want it and pay cash or forget it, but don’t buy things on credit. Hmmm, wish they could run for public office!
So if you really want to succeed then what is this innovation thing all about? Well, if you look at people that really seem to have succeeded in life (and I’m talking primarily economically right now) most of them have done so by creating a product or service or business that meets a need in society. The more unique and innovative and widely needed it is then generally the more successful that individual will be. You can look at big examples like Henry Ford, Sam Walton, Bill Gates and Steve Jobs, but there are untold thousands who succeed quite handsomely that you never hear about. You don’t have to succeed to the level of one of the giants to live an exceptional life. But you do have to go beyond mere graduation and a mediocre job. And you need to stay out of personal debt. It’s hard to innovate when you can’t pay your bills. So, to be trite; to innovate you are going to have to think outside of the box. Maybe design a new box. And most likely the answer is something outside of your current job if you are employed somewhere. You will probably have to launch out on your own. This is where you will probably be surprised to find that many successful people who own their own businesses may not have much formal education. The old saw that B students wind up working for C students and A students teach is pretty accurate. Many times the C students are more motivated to innovate and launch out on their own because they can’t get a ‘well-paying’ job and if they want to really succeed they have to start their own businesses. With a bit of innovation and long hours of hard work they develop a successful business. They hire B students to work in and run their businesses, but pay them a lot less than they, the entrepreneurial business owner earns. The tables are turned. The A students become tenured professors making a modest income teaching about how to start and run businesses out of textbook theory since they have never really done it. Now of course this is a generalization, but there is a lot of truth in it. Just go out and talk to a lot of business owners. The A and B students can avoid falling into this trap if they understand the concept of innovation. Take what they have learned and go beyond merely looking for a ‘good’ job and innovate and launch a business of their own. Invent something! Then work hard. But remember, hard work alone is not enough. If it was, every maid in every hotel in town would be a millionaire. Hard work must be smart work. It’s not just doing the task right, but doing the right task. Innovate or stagnate!
So, congratulations on graduating. But remember, the world doesn’t owe you anything. You haven’t contributed anything to the world yet. You can’t make a withdrawal until you make a lot of deposits. You may know something now, but you haven’t done anything. And if you don’t you won’t get anything. And you wouldn’t deserve to. Now get out of here and think hard and work hard and innovate; and hopefully you will enjoy the great life!