Post No. 122c: Thinking About Innovation and Business Models

We're always interested in different ways of viewing subjects.

To the right of our blog, in the light green column below our Shelfari bookshelf, appears what is referred to in the blogosphere as our “blogroll.” It is a list of blogs which we find to be of interest, and links to them are provided. One of the nifty aspects of New Media technology is that it provides the ability to exponentially expand one’s realm of contact. Folks can “stumble” on your content without you actually directing them toward it.

One of the more interesting blogs which we follow is that of J.P. Rangaswami. His blog, Confused of Calcutta, is about information. Rangaswami was born in Calcutta, and lived there for half of his life before immigrating to the United Kingdom in 1980.

Originally an economist and financial journalist, he now considers himself to be an “accidental technologist.” He deals in the ether where finance meets technology.

He recently generated a post about long-term business cycles and author Hugh MacLeod's upcoming book. It so piqued our interest, and made us think about issues currently being battered around about the global economy, that we thought that you might also find it to be of interest.

Check it out. Some of his references to other thinkers on the subject might prompt you, as it did us, to do some further reading about economic theory and business.

Nothing is ever quite is simple as it may first appear.

Post No. 122b: 45 Lessons Learned about Life

As we have mentioned on numerous occasions, our target audience is college students. Earlier today, we ran across this list of life's lessons on another blog. The list was originally generated by a writer, previously with the Cleveland Plain Dealer.

She has succinctly outlined many of the points we struggle to make in 750 words or less. Our hat goes off to her.

This is well worth the read. While it appears that there is a question as to the correct age of the writer, the wisdom expressed in these pearls is still valuable, no matter what the age of the writer. Quite frankly, we suspect that few 100 year old humans figure this stuff out by the time of their exit from this place.

To enjoy, simply click here.

Post No. 122a: Re-Posting of Post No. 90: Making Use of the Current Financial Mess

We frequently re-visit earlier posts to determine their continuing applicability. In February of this year, we generated a piece entitled "Making Use of the Current Financial Mess."

Since we continue to be in an economic "______ession" of some type, we thought that we would re-visit our earlier thoughts, and see if any of your thoughts have changed in the interim.


© 2009, the Institute for Applied Common Sense

Mark Twain observed that if a cat sits on a hot stove, she will never do it again. Unfortunately, she'll probably never sit on a cold stove either.

Everyone has their favorite villain for the current economic collapse. The Logistician sent me a list of 10 ways in which he felt consumers were responsible.

I told him that I did not buy into his premise, but in thinking about it further, I realized that if we only point the finger at the fat cats, we will have learned little. We all bear some responsibility.

We are behaving much like Mr. Twain’s cat. Despite our efforts to revive our financial system, we have little to show for it… yet. We definitely can’t sit at the starting line waiting for the next guy to say, “Go.”

We simply need to use some Common Sense, on which the left and right should be able to agree.

According to the Scientific Method, bad ideas and experiments that don’t work are as valuable as those that do, provided we learn from the experience, and use that knowledge productively.

So, with 2/3rds of our economic well-being based on our own behavior, we would like to suggest a few topics for discussion, the results of which may assist us in finding our way out of this financial wilderness.

1. If a deal sounds too good to be true, it probably is.

You don’t need a Ph.D. in economics to realize that markets don’t always go up. The observation that a few people are making great sacks of money, and violating the rules of Common Sense, does not relieve us of the obligation of doing our own home work.

If you can’t make the numbers work within your current income, don’t bet on massive increases in the value of your investment to bail you out.

You have a better chance in Vegas than in a financial commodity you do not understand. (And the truth be told, few of us really understand them.)

2. Don’t bet your home on things you don’t need.

Contrary to the Logistician’s mantra, there is nothing wrong with wanting a better, more luxurious life, but not at twenty percent interest. Here there are demons…like bankruptcy…and acid rain falling on your childrens' heads.

Save the money 1st; then buy the Lexus. It’s only Common Sense.

3. Ignore herd instinct.

When everybody agrees on the direction of a market, guess what…?

4. Be careful when building and buying things which are more than you need.

Advertising not withstanding, buying an Escalade won’t make you an NBA star. There is a reason why the Toyota Camry and the Honda Accord are the 2 best selling cars in the country.

5. Particularly avoid using credit or going into debt to build or buy things which are more than you need.

We went into debt, both individually and collectively, based on the assumption that the party would never stop.

Pick up any book on history…it always does. And, you don’t want to be the guy playing musical chairs when….

6. Remember that gluttony and greed are 2 of the 7 deadly sins.

Really want to make a 20% return on your income? Pay off your credit cards.

7. Carefully weigh the impact of retirement on an individual and societal level.

The Logistician and I differ on this point. The Logistician feels we got lazy and retired too early. My take is that we took the money and ignored our inherent desire for a more worthwhile job… and after 30 years we couldn’t wait to get out.

With our most experienced workers, although still productive, leaving the workforce early, all of this experience went to waste… and it is experience we can ill afford to waste.

8. Avoid being seduced by the short-term Sirens.

There was a time when we bought things to last. Next time you are in the park, look at the number of people taking pictures with manual focus SLR cameras.

This desire to last drove a subsequent demand for quality… producing a pride of workmanship that represents the essence of “Quality of Life.”

9. Don’t leave the education of your kids to the entertainment industry.

Not wanting to engage them, we abdicated our responsibility to the likes of Nintendo, Disney, and MTV, as long as they didn’t interfere with our pursuit of the “good life.”

If you don’t want children, don’t have them. You can not experience the sense of wonder children project, as they learn about the world via remote control.

You have to be there… and evolution suggests that this is one of the few primal pleasures we have inherited undiminished.

10. Lend a helping hand.

If you know someone in need of a job, through no fault of his own, ask around. Do what you can to help him get re-employed.

Want to raise the “quality of your life,” watch the face of a man or woman you have helped put back to work. Government can’t do that.

You see, we do most of the spending. No income, no spending. No jobs, no income.

Is there anything on this list which defies Common Sense?

After all, we should be smarter than Mr. Twain’s cat.

© 2009, by the Laughingman for the Institute for Applied Common Sense

Post No. 122: You Don’t Get Old by Being No Fool

© 2009, the Institute for Applied Common Sense

Sometimes we draw our inspiration from movies. Last week, TCM aired a musical comedy with Fred Astaire.

Astaire plays a popular dancer pursued by female fans. He employs subterfuge and fleet of foot to escape the crowd. He sneaks into a cab and thinks that he has pulled it off. To his surprise, Joan Fontaine, a member of nobility whose family expects her to announce who she will marry any day, scurries into the cab. She’s trying to avoid being caught by the family’s Chief Steward. They desire that she marry a boy from another noble family; but she’s in love with a city boy.

While trying to enter the cab to retrieve her, the steward gets into a fight with Astaire. A London Bobby arrives and decides to arrest both. Astaire wiggles out by participating in a street dance routine performed by someone imitating him. The Bobby is so taken with his performance that Astaire is able to fade into the crowd.

For those incapable of “dancing out of danger,” the world’s a more serious and dangerous place, for the Police and the populace.

In the 60’s, we were a bit more innocent. Vietnam took care of that. Some say Nixon ended the war upon realizing we were pulling a disproportionate number of poor kids from the projects, training them as guerilla fighters, and dumping them back into the ghetto… a practice any one could have seen would not end well.

Take a group of radicalized middle class college students occasionally bombing or occupying government buildings, toss in a few government scandals and VP Cheney’s take on our constitutional rights, and you have a recipe for paranoia… on both sides of the badge.

Running down “bad guys” is now a national obsession, and something of which America seems to be proud.

Police car chases are so popular that stations interrupt any broadcast, repeat, any broadcast, to provide updates. There’s even a website devoted to freeway pursuits.

Our target audience for our Common Sense and Personal Responsibility seminars is college students. There’s a high probability that they will, at some point during their educational experience, have an encounter with the law.

(The O.J. “cruise” with Al Cowlings highlighted a couple of Common Sense differences between your run of the mill teenager, and a seriously skilled dancer. O.J. never threatened anybody other than himself, and he kept his speed below the posted limit.)

Here are some things students might want to consider:

One:

If you’re afraid of the Police, or feel some urge to call them dirty names, drive someplace with lots of people (with camera phones) before you pull over. The Police are well aware of the consequences of beating on you in public while being recorded.

Two:

Comedian Chris Rock has a funny piece about talking to the Police when stopped. His advice will get you arrested.

The Police don’t know who you or your Daddy are, they don’t wear body armor to fill out an over-sized uniform, and you may never get a second chance to make a good first impression. (Just ask Sir Charles Barkley.)

Be cooperative; and cognizant of the 25 or so pounds of weaponry he or she carries around all day, every day, along with the steel toe, shiny boots, and be contrite.

Three:

DUIs, drugs, and traffic offenses have become major sources of income for many of our local constabulary, particularly during this economic meltdown. Their income and equipment depend largely on muck-ups, and the number of tickets and convictions they are able to amass.

Keep in mind that management consultants have infiltrated police departments across the land. Law enforcement is now a business, along with prisons. Line up a lawyer and assemble a bail fund in advance if you want to sport your own haircut and flashy set of wheels.

Four:

Leave the party favors at home. If you need to transport the stuff, consider FedEx. If you insist on driving zapped, so you will be. Best thing to do is keep cab fare in reserve, providing you the ability to impress your chosen companion, and get things going early.

Last week, we ran across an article reflecting how things can go bad in an instant. Sixteen year old Robert Mitchell was a passenger in his cousin’s car. Police stopped the vehicle for an expired license plate. Mitchell, a learning disabled boy with a clean record, jumped out of the car. His cousin said he was absolutely freaked and starting sprinting.

The 5’2”, 110 pound kid fled to an abandoned house. Though the Police tried to corner him, he resisted. They responded with their version of non-lethal force, using a 50,000 volt TASER.

Mitchell died shortly thereafter.

One poor choice can chase one for one’s full life, no matter how short. It will undoubtedly also haunt the officers.

Where did it go wrong? What was the first indicator that things were about to spiral?

The Laughingman contends that telling the truth will always set one free. He also maintains that when things go wrong, there are worse things than getting arrested.

Post No. 121: “Let It Be Clear that I Support Our Troops with Boots on the Ground”

© 2009, the Institute for Applied Common Sense

Last week, while filling our car with gas, we noticed a truck with a large number of bumper stickers pasted to its rear end. One sticker caught our attention. It suggested that fundamentalism is a destructive force which leads to the death of one’s brain.

We then perused the dozen or so other stickers on the rear panel. Each, in its own succinct way, revealed a personal philosophy about the owner. That prompted us to await his exit from the convenience store portion of the gas station. That he wore his emotions on his vehicle, in so many ways, aroused our curiosity.

After a couple of minutes, the owner approached us. We mentioned how the collection of bumper stickers prompted us to check him out.

He described himself as far left of center, and a self-educated hillbilly, who grew up in the hills of Tennessee. Paradoxically, he said that he was tired of people reducing complex subjects to simplistic explanations, to which many are drawn emotionally and illogically.

We invited him to participate in our forum, after informing him that we welcome all points of view.

Shortly thereafter, we saw Republican Party member Gen. Colin Powell on CBS’ Face the Nation on Sunday morning. We were reminded us of how someone can explain their position in such a manner that you have to respect their thought process, even though you may disagree with their position.

Powell very calmly, and without emotion, discussed his recent encounter with Rush Limbaugh. Apparently Limbaugh called him out last year when Powell indicated that he planned to vote for and support presidential candidate Obama. Limbaugh responded by suggesting that the only reason why Powell supported Obama was because both Powell and Obama are African-Americans.

Powell indicated that he had always voted for the candidate who he personally considered most qualified, and that despite being a Republican, he had previously voted for Caucasian Democratic candidates Kennedy, Johnson, and Carter.

He then went on to discuss many issues in the news today, including the issues of water boarding and / or torture, the closure of Guantanamo, his differences with former Vice-President Cheney, and the missteps which he considered our new President had made thus far.

What struck us was the tone of his comments, his even-handedness, and the lack of invective. However, during his discussion of the issues, including those in which he was intimately involved during the Bush administration, we thought about our new gas station follower, and how few issues today can be reduced to simplistic, emotional explanations.

All this Memorial Day, we listened to those opposed to our involvement in Iraq preface their comments using the statement, “Let it be clear that I support our troops with boots on the ground.”

We then asked ourselves why it was necessary to even make that disclaimer. How did the debate become so convoluted that one side could conceivably suggest that the other side was unpatriotic and did not care about U.S. troops abroad?

It is clear that such framing of issues "works," and appeals to some baser, emotional instinct. That we as a society find it necessary to engage in such an oblique, unproductive exchange in discussing issues of such moment should distress us all.

To characterize someone opposed to our involvement in Iraq as unpatriotic or un-American simply boggles the imagination.

Quite frankly, we recognize that an argument can be advanced that all’s fair in the game of infotainment, and that non-elected talking heads in the media, on both sides of the aisle, have the right to cast their message in any form that they so desire. Especially if it is to boost ratings and generate more revenue. We’re all for that, right?

However, it concerns us when our elected officials employ such tactics. It smacks of intellectual dishonesty, despite its effectiveness.

But then again, that may be why certain ones of our elected officials have abdicated their leadership responsibilities, and left the sentiment of our citizenry to be dictated and formed by the non-elected.

And that is a very troubling notion.

Post No. 120: "Taking Cover Under the Canopy of Religion"

© 2009, the Institute for Applied Common Sense

Last week, we saw an interview of a Ku Klux Klan member. He made frequent reference to segregation as having been sanctioned by God.

More recently, one of our “supporters” suggested that we “sprinkle” our articles with Biblical references to generate more interest, particularly because God has chosen to assemble more of his passionate followers here in the Southeast.

(In a previous article, we noted our repeated requests that God speak to us, all to no avail. We actually envy those special people to whom God speaks. They’re apparently doing something we’re not, despite our willingness to participate in a conversation. The Logistician’s Father long claimed that he was simply not trying hard enough.)

The segregationist and our supporter, in conjunction with the noise generated over the President’s Notre Dame Commencement speech, reminded us of a blunder candidate Obama made on the campaign trail. In April 2008, he said that it was not surprising that working class citizens, in small cities decimated by job losses, might cling to guns and religion to deal with their frustration.

Many felt that Sen. Clinton would benefit enormously from this misstep.

And perhaps she ultimately will.

And so it was timely that C-Span aired a presentation entitled, “God is Back,” sponsored by the Pew Forum on Religion and Public Life. “Taking Cover under the Canopy of Religion,” was coined by one of the panelists.

We learned that the “mega church” is actually an American invention – an extension of free market capitalism. In the 1970s, some religious leaders realized they were living in a very competitive environment. They suspected the application of business principles and marketing, along with getting more involved in the media and politics, would drive growth beyond their missionary efforts abroad.

One of the panelists noted that “Religion, American Style” has done so well in these “emerging markets,” that they have taken the business of religion to a new level. The growth has been particularly noteworthy in Guatemala and South Korea (where one mega church boasts 830,000 members).

It’s not just a matter of more people personally following religion, but rather the reassertion of religion as a force in life. Per the panelists, globalization is stoking the demand for religion.

China has roughly 1.4 billion people. Despite its purported communist underpinnings, it could become the largest Christian nation, Buddhist nation, or any other type of religious nation. Many suggest that the central authority of the Communist Party is fragile and subject to fracture.

The branch of Christianity most successful in riding this wave has been Pentecostalism, which places emphasis on a direct personal experience with God. (Perhaps that’s the ticket.) Globalization is driving insecurity, because change makes people insecure.

Insecurity historically has driven an apocalyptic attitude, and concern about impending doom. Pentecostalism also has a sociological element, which provides uprooted people with a philosophy in which they can emotionally invest.

To many, the Pentecostal Church service is the spiritual equivalent of infotainment. Entertainers from Ray Charles to Elvis Presley traced their musical roots to the melodies and arrangements they learned as children on Sundays.

As with everything in life, the panelists acknowledged a downside. When religion is at its most passionate, it is also at its most intolerant.

And most dangerous.

More blood has been shed in the Name of God, through religious wars, than for any other political purpose.

One perhaps counterintuitive aspect of the mega churches is the focus on small units to drive the agenda. One reason that Islam has grown so rapidly is that individual mosques have tremendous control and autonomy at their level, as opposed to functioning under a huge, centralized bureaucracy.

The strength in this approach is that it empowers people. The weakness? Doctrinal inconsistency, subject to variations of all types, and manipulation.

Our friend the Laughingman abandoned a Mormon heritage, traceable to Brigham Young’s initial march across the plains and mountains, to become an Episcopalian (not least to insure continued access to the company of Rev. Davenport’s daughter). Forty five years later, he remains a 4 times a month church goer… not least because he has discovered that getting down on your knees once a week, and reciting the Litany, is good for one’s sanity as well as one’s soul.

“We have left undone those things which we ought to have done, and we have done those things which we ought not to have done, and there is no health in us, but thou, oh Lord, have mercy upon us miserable offenders.”

He likens religion to a human operator’s manual. Pay attention to the Ten Commandments, and you can get through this life without causing harm to yourself or others. Ignore them, and it is hell living with the consequences.

We guess that candidate Obama got it wrong. Imagine that.

Post No. 119a: Reposting of Post No. 69: A Country Has to Know Its Limitations

© 2008, the Institute for Applied Common Sense

On November 30, 2008, shortly after Sen. Obama’s election, we asked our readers whether any governmental entity should have the responsibility to provide healthcare for its citizens.

We invited our readers to provide their views on the subject, prior to our putting forth an argument as to why no government entity should have that responsibility, except perhaps in the case of veterans, or those injured during the course of service for the nation. (Since that time, we have also considered the inclusion of children below a certain age, since they have very little role in making decisions about their health until they are much closer to adulthood.)

It led to a very lively and stimulating exchange. Even a cursory examination of the comments in connection with Post No. 68d (http://theviewfromoutsidemytinywindow.blogspot.com/2008/11/post-no-68d-argument-why-no-government.html) reveals the diversity and passion of opinion regarding this subject.

Is it really the government's responsibility to ensure the good health of, and the provision of health care facilities and treatment to, its citizens? Why do so many citizens feel that it is something which the government, at some level, should provide?

Is there a reasonable expectation on the part of the taxpayers that health care is a "service" due them by virtue of their current level of tax contribution?

What responsibility should be placed on the citizens themselves to make the "best efforts" to maintain their health, and utilize the very latest in scientific knowledge about health risks, particularly nutrition, and the detrimental consequences associated with certain behaviors? Should citizens be required to show that they engaged, or failed to engage, in certain behaviors, prior to being extended heath care benefits by the government?


We indicated that we would generate some thoughts after entertaining those of others. Here are five arguments which can be advanced to support the notion that we should not have a national healthcare system, or perhaps that America is not ready to have such a system.

1. All relationships are about expectations. An argument can be made that the American public has an unreasonable expectation about what it takes to manage and operate a large organization and its accompanying bureaucracy. Most interestingly, those who have never run a large organization seem to think that they have all the answers. The criticism of the various executives, associated with the Big Three American Automakers, suggests to us that we as a nation do not fully comprehend the complexities and difficulties associated with management of a large organization in an everchanging, global environment. We are apparently “qualified” to criticize others who do not achieve the results that we expect.

2. In contemplating a national healthcare system, it appears that most proponents suggest that it provide benefits to all of our nation’s citizens, namely 300 million people. We do not have the capability to manage anything involving 300 million people. We don’t do it with respect to the other “essentials” of civilized life, food, housing, clothing, or education, which are arguably more simplistic in nature, and which at least have components around which we can wrap our arms. What makes us think that we can do it with respect to arguably the most complex of issues, namely human health? To borrow a phrase from Dirty Harry, “A country has to know its limitations.”

3. We do not have anyone, or any board or committee for that matter, with the capabilities, sophistication, and experience to manage a 300 million recipient organization. Furthermore, as noted earlier, as an organization grows in size, its sense of “reality” changes to ensure the advancement of its interests and its continued survival. We’re setting ourselves up for failure and unnecessary criticism.

4. Any system delivering services to 300 million people will undoubtedly parcel out its services in unfair and inequitable ways during the course of the execution of its policies. It’s not like an engine with simple, mechanical, moving parts. Humans do not function in accordance with the rules of physics. They’re emotional, and they have minds of their own. No one has yet discovered how to manage emotion. At least in the military, they understand what needs to be done to craft humans into fungible, interchangeable units, for management purposes, and even they have difficulties.

5. What makes us think that we can devise a system to provide benefits or services to recipients who essentially do whatever they want or desire to do, from a health perspective, and then have an expectation that the system should address the negative ramifications flowing therefrom? It doesn’t make sense. What makes us believe that we can “herd cats,” each with their own goals, motivations, and selfish interests, and deliver some nebulous, unspecified level of service resulting in what we refer to as “good health?”

As a general proposition, Americans are not “sufficiently motivated” to maintain a state of good health. We don’t want it badly enough. The only proven way to get humans to adhere to a policy or approach is to force/ prod them, or have them buy into it voluntarily.

Although some ambitious and very thoughtful suggestions were put forth in your comments, no one, who responded to our challenge about reforming the health care system, really explained how they planned to address the uncertainties and complexities associated with the human side of the equation, and each individual’s responsibility to the system.

As a practical matter, it can’t be done in America, at least not under our current political philosophy. Any attempt in that regard will be regarded as socialist, or even worse, communist, in nature. As we all saw during the most recent election, we can’t have that.

This is a country built on social Darwinism or survival of the fittest. If you happen to be one of the fittest and you survive, kudos to you. If you are one of the not so fit, we leave it you to fend on your own, perhaps with the gratuitous assistance of non-profits, the religious community, and the kindness of others. Many in our country feel that if we assist the not so fit, or guarantee certain things to the masses, we play into their weaknesses and thus become enabling agents.

This is neither a culture nor governance model which has as its goal the equal treatment of its citizens or the equality of the services or opportunities available to them. It is a culture that simply guarantees that each individual citizen has a chance to pursue whatever they might so desire. That has nothing to do with results.

We don’t guarantee results in America.

Simply put, a national healthcare system does not fit within our governance model, nor does it fit within our cultural philosophy. This is not to suggest that it should not, just that it does not. It’s just that it would require a significant paradigm shift in our way of thinking about our role as citizens.

Don’t you think?

© 2008, the Institute for Applied Common Sense

Post No. 119: “Where Have You Gone Joe DiMaggio?”

© 2009, the Institute for Applied Common Sense

In the world of social commentary, there are “observers” and “critics.”

People often ask how we approach preparation of articles reflecting our observations.

Short answer? We watch C-Span, the History Channel, Tom and Jerry, and Turner Classic Movies all weekend. During that time, we absorb roughly 50 different points of view on various subjects, and give Tom’s observations more weight.

We consider them further during the week, while watching the news and Congressional hearings, in an effort to identify themes or “cross-over” principles, which arguably apply to divergent subjects. It could be sports, science, religion, and music. Like Wile E. Coyote, we keep chasing the Road Runner, seeking something.

(We also walk through book stores each week and pick up any and everything.)

So many today claim to know, with certainty, how we got here economically, why and how this or that President was flawed, and why we will fail as a nation if we do X. This banter drove the Logistician to Brazil for his sabbatical to study with the heads of the samba schools.

Before he departed, while eating his standard meal of sardines, beef tongue, and horseradish on pumpernickel, he asked, “How are these people able to come up with evidence which only supports their position?” He abhorred “goal determinant analysis.”

He then asked, “Why didn’t these people step forward to take control before things imploded?”

We seem to be dissatisfied with virtually every aspect of our lives, along with the people running most of our institutions, not to mention our significant others).

There’s no shortage of “incompetents” according to the critics: politicians, doctors, commercial banks, insurance companies, the Federal Reserve, drug companies, pedophile priests and Boy Scout leaders, automobile companies, oil companies, current and past Presidents, the housing and construction industries, the poor, the rich, CEOS, lawyers, investment bankers, immigrants (whether illegal or not), unions, doped up athletes, Hollywood, and of course, Wal-Mart.

It’s a Herculean task to find anyone or anything held in high regard, and about which at least 70% of Americans view positively. We’d settle for 60%.

Apart from all of the new input we consume, we constantly review earlier posts, to consider their continuing applicability. In Post No. 85 in February of this year, amid rising concerns about the global economy, we generated, Why We Suspect, To Our Dismay, That “Whatever” Our Leaders Devise Will Not Work.

In Post No. 27 in July 2009, we wrote about The Inability of our Leaders to Please (or Lead) Us.

Finally, in May 2008, in Post No. 9, Recognizing the Potential of the Innovative Thought Process (We are a Better Country Than We Currently Think of Ourselves), we noted that a recent poll revealed that 81% of Americans felt the country was heading in the wrong direction.

And that was before the recession was officially announced, and blame assessed.

And before Obama was even nominated.

The sentiment crossed ideological lines. Amazingly, it was something about which the majority could agree.

Thomas Woods was recently on C-Span. He is the author of Meltdown: A Free-Market Look at Why the Stock Market Collapsed, the Economy Tanked, and Government Bailouts Will Make Things Worse.

We’ve now watched his presentation 4 times. He had so little positive to say about much of anything over the past 30 years, that it made us stop and think about the views of other commentators over the past 18 months.

Then we asked, like the Logistician, “Why aren’t these people leading us?”

Of course, hindsight is always 20/20, and some are simply Monday morning quarterbacks.

But shouldn’t we be concerned that despite the personal successes of many of our leaders and captains of industry, our country as a whole appears to be in such a precarious state?

Does our current political climate or system discourage the true best and brightest from running for public office, and seeking the helm of our major industries?

Does the public scrutiny of our leaders serve as a disincentive for the “truly qualified” to share their wisdom and insight with us for the public benefit?

Maybe a nation really does deserve the leaders that it gets.

And here the rest of us stand, growling, and fighting like Dobermans for scraps of raw meat.

During our preparation of this piece, the words of Simon and Garfunkel kept swirling in our heads:

“Where Have You Gone Joe DiMaggio? A Nation Turns Its Lonely Eyes to You, Woo, Woo, Woo.”

You critics, who have figured it all out, and find others to be incompetent, please step forward and participate in fixing this mess.

We need you.

Post No. 118a: Article of Interest Regarding Pakistan and Its Nuclear Arsenal

In Post No. 118, we posed a number of questions about principles, pragmatism, and situational ethics regarding the relationship between the United States and Pakistan.

For all of you who perhaps had not really thought about the Pakistani issue, this morning's New York Times article regarding its nuclear arsenal should grab your attention.

Is this an example of unintended consequences, or something else?

To read the story, click here.

Post No. 118: Principle, Pragmatism, or dePends?

© 2009, the Institute for Applied Common Sense

Earlier this year, in our Post No. 95, entitled 27 Situations Where People We Respect Claim that “Lying” is Appropriate, we sought to get some sense of how closely people adhere to the principle that one should not lie.

By the end of the day, we concluded that we should have let sleeping dogs lie.

Much to our amazement, the vast majority of the people visiting our blog felt that there are goals, and thousands of them, sufficiently important to justify outright lying. In fact, in some instances, telling the truth was viewed as “selfish.”

Of course, there was no consensus about when lying is appropriate, but they generally did not have a problem with lying.

Interestingly, few wanted to be lied to.

And so it appeared that pragmatism won out over principle.

At least on that day.

We’ve been concerned about the stability of Pakistan for several years now. When General Pervez Musharraf resigned under pressure in August of last year, it was generally agreed that the civilian leadership would have difficulty maintaining order and fighting the Taliban and other dissident forces.

The United States, for one, was critical of some of the dictatorial and militaristic actions taken by Musharraf, including the imposition of martial law. In years past, the U.S. was known to prop up the regimes of some fairly unsavory characters. We frequently heard reference made to the “lesser” amongst many potential evils.

And while it was generally acknowledged that Musharraf was a man of many faces, he was at least one with whom the U.S. could work, and he kept the lid on the teapot.

But there was a problem. With all of our talk about democracy, and our efforts to artificially inseminate the democratic egg in the womb of the Middle East, it appeared as though we were sanctioning and financing Musharraff’s less than democratic rule.

In this instance, the principle ruled the day. And now we are seeing the consequences.

Apart from the insight which we gained in the principle versus pragmatism debate in connection with lying, we saw it again in connection with the torture debate.

And so we pose the following question:

Should the U.S. have continued to pursue a pragmatic approach and tolerated / supported the less than democratic rule of Musharraff, or was it correct in advocating the more principled route?