Tuesday, June 29, 2010

Find the Cure with Competition

So in a feable attempt our elected "representatives" will vote shortly on continuing their display of lacking the basic business understanding of what makes the United States of America the best place to work and live. I will spell it out, it is "C-O-M-P-E-T-I-T-I-O-N" or competition for speed readers! The goal of this congressional financial reform should be to encourage competition rather than protecting their own self interests such as catering to legislation that will put greater revenue in their own pockets. Let's take a different perspective on this, let's try to address the illness instead of the symptoms. Banks were too big to fail, so Congress is strengthening the big banks to....make them bigger? Congress should be encouraging greater competition with smaller community banks and Credit Unions not Wall Street, Chicago, and Charlotte. With greater competition, the consumer will win as the pricing power will shift back to them via choice. In competition there are winners and losers, there will be failures and there will be all-stars. In today's world, all too often we accept that no one should lose without accepting the fact that our actions mean no one shall win either. Even in youth sports, there are programs where the teams will compete without keeping score. Without score keeping, there is no focus on accountability or results. How do we know if we are improving? How do we know what to work on, what is our strength, what is our weakness, and doesn't this make us lose motivation at least at some level in society? Russia, one of the socialist republics is starting to change learning from their mistakes while our country is heading that direction. Russia, recently started building suburban style american neighborhoods with individual houses versus the standard apartment living most are accustomed to; the reason, they have found that people act/work differently when they have their own home. Wow, what a concept. When people work hard toward a goal, then achieve the goal, the action breeds more of the same action. Hmmm, what a breakthrough......

Each day we have an opportunity, as my Coach Hopper used to say "Did you practice or improve today?" We were driven to be the best and only accomplished that by COMPETING against the best. The score told us who won......as will the upcoming vote tally.

If you want to voice your opinion, check out http://capwiz.com/cuna/home to contact your representative and let them know we want to go back to basics and stop addressing the symptoms but rather find the cure!

As always, thank you for taking the time to read my random blabberings....

No comments: