Greed

The U.S. used to be the "go to" nation for innovation. We pretty much invented the middle class. We could do anything in "our" day.

Then greed overwhelmed the forces holding it in check. Yes, greed has always been with us. The early wealth of the nation was built with slavery and where not slavery, labor abuse. We abused in the mines and on the railroads and in the factories.

But there was a time, ...
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Here's a guy who deserves to be fitted with an orange jumpsuit. The corruption of Wall Street isn't part of the U.S. economic problems, it's the heart of the U.S. economic problems.

The guy pictured below, Lloyd Blankfein, Goldman Sachs CEO, was at the helm of a company off-loading paper the company knew would fail onto unsuspecting investors. A company that knowingly screws its customers doesn't deserve to remain in business.

Ethics. Ethics. Ethics.

Look at this ...
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Two problems are eating up our economic base.

Greed. I want something for nothing. Give me money for as little effort as possible. Give it to me now.

Laziness. Related to greed. I don't want to change the way I do things. I don't want to do anything extra or difficult even if it leads directly to more business.

The next time you encounter really bad service, make a note of it. Tell everyone you know. ...
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Happy 20th Anniversary to those in China who long for freedom and democracy.

"China aggressively deterred dissent in the capital on Thursday's 20th anniversary of the crackdown on democracy activists in Tiananmen Square. But tens of thousands turned out for a candlelight vigil in Hong Kong to mourn the hundreds, possibly thousands, of demonstrators killed." (AP)

Remember this next time you buy "Made in China".

Chris Reich, Author of TeachU's Business Talk Blog
Chris@TeachU.com

There are two reasons we are in a recession. Yes, I know, it's a global problem, complex, credit collapse, housing issues, blah blah blah. Smoke screen. There are two reasons.

Reason one. Our country has been in serious ethical decline since Nixon. Johnson had his quirks but he wasn't a blatant crook. Nixon was. Most of our corporations are run by greedy, crooked and incompetent CEOs. Yes, most. If you don't believe that, let's eliminate food ...
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