While Rome Burns, the Leaders Fiddle

By Dr. Edwin Weaver

www.uniqueleaders.org

www.we-develop-leaders.com

January 13, 2009

As with Nero fiddling while Rome burned, so with our country's leaders. They are lagging behind on a crisis which affects all of us. Rep. John Boehner says that the treasury still needs to clearly define what the problem is. Wake up! I think that is apparent.

I believe that everyone is well aware that we are in a depression. Yes, the US economy was over blown and the slightest imbalance was going to send us down. However, now that we are heading down, the government needs to put the breaks on this slide.

They could have stopped this problem long before it got started, but like the others in the banking and corporate world, they were enjoying the ride (hoping it would not end while they were around). Now we have a problem.

Very simply, the problem is that people are losing jobs because the economy is depressed. As people lose jobs, less is spent and more people lose their jobs and the spiral continues.

Solution -

1)      Keep us working in our present jobs. Provide us with some security. If we feel secure, we will spend again. If we spend we start the economy on the road to recover.

2)      Get the people who have been unemployed working. It will take 6 months to 2 years for the psychological scars to heal, but as soon as they do, these people will start spending, improving the economy

3)      Keep the banks afloat so the people do not panic. Then as spending starts, get the banks to start loaning again.

It will take some GOOD administrators watching over everything, not like they have with TARP. If some good people are placed in charge, there is hope.

While people are being kept in their jobs and new jobs created, congress can argue on how to prevent this from happening again, but at this minute they need to serve the people who elected them.

We need a closer watch on the financial institution and the corporate world. it may sound like Big Brother, but those who have been in charge have proven they can not be trusted. Even with a big brother system, those who do the correct thing do not have to worry. The only ones who worry about someone looking over their shoulder are the one who are doing what is right. Then we should start to get back on track again. Hopefully the right track this time.