As the new President said, "Our challenges may be new. The instruments with which we meet them may be new. But those values upon which our success depends - hard work and honesty, courage and fair play, tolerance and curiosity, loyalty and patriotism - these things are old. These things are true. They have been the quiet force of progress throughout our history. What is demanded then is a return to these truths", in his Inaugural Address is very much of interest to the focus of this blog.
Some of the current fuzziness has come from inadequate handling of the complexities of change; actually, in many cases, those who were able to exploited this fuzziness almost as a right. One consequence has been the growing gap between the rich and the non-rich (monetarily defined). There were many others.
Of note, too, will be that the new President talked about the need to move away from greed and irresponsibility. Yes, indeed. Taking advantage of others, just because one is able to do so, is not a 'fair game' in anyone's book (finance can (ought to) be respectable).
Also, President Obama has talked that effort is necessary and is rewarded. In some cases, effort can be its own reward. The view, though, has to look to the future and to what impact our current actions will have there rather than to consider, solely, opportunistic gains.
11/08/2016 -- New Day, again.
10/10/2013 -- Ben is leaving (did he get called out?); Janet is stepping up to the plate. Will Janet bring a new game?
11/07/2012 -- Another new age is upon us. Well, not for a couple of months. We just had the vote yesterday. One has to think of all of those things left undone during the last four years in the context talked about above (which was written about four years ago). What will the next four years bring? Can we list the undone and talk what ifs? Perhaps.
Sunday Night Futures
5 hours ago