Wednesday, February 11, 2009
Labor Confidence First
I have listened and read with great interest the debate on the Economic Recovery Act. It seems to me that we have missed the point once again. The Act started as a job stimulus plan and then morphed into lots of other things and now it has so much in it that no one feels good about supporting it. Seems that pragmatism gets lost in bill writing doesn't it? If we would stop for a moment and recognize that consumer confidence actually lags Labor Confidence (the confidence that I will have a secure job over the next 12 months with a wage that meets my expectations) then we would be spending our time and money on creating Labor Confidence first and consumer confidence second. Creating jobs is like motherhood and apple pie. It can't be argued against. We all would support, without a blink of an eye, a plan that for every dollar spent a dollar of wages was created. We might even support that for every three dollars spent a dollar of wage was created. What we have done is lost the line of sight to the issues at hand and then nothing gets done. I am more convinced than ever that we have to solve the labor and jobs issue first and the rest can follow. We can still get infrastructure built, etc. but only through the filter of jobs created. BTW, 4MM jobs created isn't enough. That only brings us up to parity with what we have lost. Our economy demands that we create an additional 1MM plus jobs a year on top of what we had before. We need a serious refocus on the issues. Let TARP monies clean up the bad assets and bad debt. Let's pass a true Job program that creates real jobs. There was a reason that FDR called it the "Works Progress Administration". It started with work that created works. That is how we create Labor confidence....giving us Consumer Confidence as the outcome.
Tuesday, February 3, 2009
The Smell Test
I worked for a CEO who didn't always know exactly what the right thing to always do was, but when in that situation he would ask of himself and all of us on his team, to conduct the "Smell Test". The "Smell Test" was the test that if someone who didn't know why we had made a decision would hear of or see that decision, that person wouldn't say, "I smell something funny going on there". The "Smell Test" was 100% right, every time. This is what President Obama needs to do right now with the decisions he is making with the "exceptions" he is making with his cabinet appointments and the rules that he laid forth for himself and his team. I am disappointed that he feels, in these early, early days that he has to go back on the strictness of the rules he set for himself in the campaign and in his first week. to go back on those now, unfortunately, impedes his credibility as one who "wants to change Washington". These are tough Chief Executive decisions that he has to make. I have been there when I wanted to hire someone who I thought was just great, but in their reference check, there was a "catch" or something that was not right. Faced with the decision of "go forward and I am sure it will all work out" or "make the tough call now and cut bait", the right thing to do is to not go forward. If you do, the others on the team question your credibility and values. If you make the tough call and decline a person's candidacy, then you have raised the bar and set a new standard for everyone else going forward. I am afraid that President Obama is setting himself up for hurting his credibility as a leader. If the Senate has to make the call, then he gets doubly whacked as not being able to get one of his people through the Senate. President Obama, please use the "Smell Test"! From out here, it doesn't smell good on what you are getting ready to do. Of course Tom Daschle is a good guy, but he didn't pay his taxes on something that he should have known better. I can actually give a pass to TG as his tax issues were because of a funky overseas assignment, but for Daschle, these are things that every person who has services performed for them knows. And the people who were lobbyists, don't bend the rules. We are 300 million Americans strong, I suspect that there is someone else out there if you look a little harder to fill these positions who meet your high standards. Please President Obama, stand tall, make the tough call and don't add a new smell to your Presidency.
Labels:
bolts of thinking,
credibility,
President Obama,
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rusty rueff,
smell test,
taxes,
Tom Daschle
Wednesday, January 28, 2009
United We Stand, Divided We...
Can we really be this divided? The stimulus bill passed the House this afternoon nearly split right down the aisle. Does this sound familiar? Has nothing changed? I watched yesterday as President Obama went to Capitol Hill to rally support for the bill and take time to meet with Republican leaders. Each Republican praised him for making the effort and trying to help bring the bill around to something they may not like, but that they could support. And then today they voted in a block and 100% of them voted "Nay". Let's see, tell me why the next time the President should leave the Oval Office to meet and discuss something before a vote? He did it because he told us in the campaign he would. He did it because maybe he is as tired as we are of the rest of the world seeing us divided on such critical issues. There is an argument that says, "well, there were some Democrats who also voted no, so it wasn't a pure partisan vote". That would be true, but the answer doesn't stop the real question in my mind; "why all the partisan posturing?" This division is far too ingrained in our politics. Even the visible fact that we split the seating in the House and Senate to have sides across an aisle bothers me. Why not seat them alphabetically, or by state so states can work together, or by tenure, or by age so they oldest (and hardest of hearing) can all sit up front? All of this posturing reminds me of that Gilligan's Island episode where the Skipper is trying to get Gilligan to do something and he crosses his arms in front of him and says three times, "You can't make me, you can't make me!, you can't make me!!!" I think I heard that same phrase today on C-Span coming from one side of the aisle. Elected officials, please, please, please remember the words of Aesop, "United we stand, divided we fall"!
Less Is More...Is It?
It is official; not spending has become the hip thing to do. I knew it before, but last week I heard the best one so far. A friend of mine and his wife have a New Year’s Resolution; “No New Clothes in 2009”. I laughed at first when I heard it but as he explained it, it started to make sense. Enough sense that I have been thinking the same. He said that when he looked at his closet and did an inventory of what he had he had enough shirts to not wear the same one twice in 30 days. Enough pants, enough socks, enough tee-shirts, and more than enough shoes. Enough of everything to make it through a year, maybe even more. Unless your wardrobe is all Old Navy (that I swear is manufactured to wear out in one season) most of us could probably say we also have enough current clothes to make it through a year without anything new. Sure, the fashion magazines and runways will tell us that we are out of style but unless you are really vain about it, 12 months is not that far out of style to start with. And if you are me; I have flared jeans, straight leg jeans, and skinny leg jeans in my closet. I have striped shirts, plain shirts and patterned shirts. I have wide belts, thin belts and in between. Net, I have enough of everything. And the question is just how much all of us have already that lots of people will be doing the same and not buying in 2009. Retail has suffered already but I can see more hurt coming. It is clearly becoming harder and harder to find an attitude of spending to just help out. The more we look around at ourselves (in our house) the more we can see that discretionary consumption got ahead of need. And now when the economy needs just the opposite we are feeling that less is more.
Labels:
bolts of thinking,
clothing,
consumption,
less,
more,
retail,
rusty rueff
Monday, January 26, 2009
Finally...No Excuses
Back in the day, when I was a radio disc-jockey, if someone was having a dispute about a song, a TV show jingle, an actor in a movie, or who was alive or dead, what would happen is that my phone in the studio would ring and the person on the other end of the phone would be in the middle of argument and I would become the definitive source to end the argument or settle the bet. These days, since Google and Wikipedia, there aren't any reasons for those calls to be made (we never knew the answers anyway). But in politics those arguments still happen all the time and what happens is a half-bit of the truth gets spewed out and there had been no good source to defend what really was said or what was written. On January 20th at 12:01PM EST that changed. Have you been to http://www.whitehouse.gov yet? There it is. One place for everything President Obama says, writes, declares, appoints and signs. There is never another reason for any of us to be ill-informed or ignorant of the facts and issues. President Obama has us to take responsbility. The first step in being responsible is being informed. There is now no excuses! Go to the site now. Put in your email address and receive an email each time there is an update. And the next time someone is misinformed don't let them put the monkey on your back...pass it right back over to them and ask them if they read Whitehouse.gov?
Labels:
bolts of thinking,
responsibility,
rusty rueff,
whitehouse.gov
Monday, January 19, 2009
January 20th, 2009...The Closing of a Circle
Today marks what would have been the 80th birthday of Martin Luther King, Jr. Tomorrow marks the first inauguration of an African-American President of the United States. While this is an important day for many people in America and around the world it is remarkable for me personally too. You see, I was born in Kentucky and grew up in Southern Indiana during the 60’s and 70’s. Living five minutes from Louisville, Kentucky, I remember my father having a gun permit so he could travel across the Ohio River to work into Louisville as a radio disc jockey during the 70’s race riots. I remember well that busing in Kentucky, when implemented, saw families from both races flocking to Southern Indiana. It was a difficult time for everyone. I grew up around it all and have vivid memories of the hatred and unrest. What I did not know until later in life is that those racial sentiments permeated my household and family. My father would not let me wear blue jeans because Martin Luther King wore blue jeans. That should have been pretty obvious for me, even back then. But, I didn’t realize until years later when I grew up and learned political science stuff that when someone was a supporter of George Wallace and the John Birch Society that those far right ideologies at the time included racial segregation and racist attitudes. I also remember my grandparents using the “n” word freely in public and private and hearing that word in my house from time to time. I grew up with all of this around me and from the earliest days, I knew it was not me to inherit these small and close-minded thoughts. I refused to fall into the pattern. I just refused. And now, 40 years later, I have watched many things come full-circle. I happen to go to church with the son of James Meredith, the man who George Wallace ordered to not be able to attend the University of Mississippi in 1962. And, tomorrow, I will watch Barack Obama be sworn in as the President of the United States, a man I supported for election and will support wholeheartedly as the 44th President of the United States. Tomorrow, I can feel that the circle for many will be completed; the circle of all men created equal. Tomorrow for me sets so much right.
Saturday, January 10, 2009
Loss
I’ve been hit hard by the death of Jett Travolta. I don’t know anything about him really other than he was not well and that the diagnosis of what was wrong with him was something I had never heard of before him. I probably couldn’t have told you before this past week what his name was and how old he was. I did know that John Travolta and Kelly Preston had two children but I couldn’t have told you their names. Now, in this past week, I have hurt (and cried) for their family. I don’t have children of my own, but when I try and empathize with what it must be like to lose a child, I begin to think I can feel some of their pain. And what a pain it must be. Celebrities get tagged with either being able to not handle it all or being above it all. John Travolta has been a guy who has been able to burst onto the scene and have wild success, disappear for awhile, then come back into the spotlight and find another gear. He did all of this and stayed grounded in his family and his religion. And this past week, he lost some of that grounding. There is nothing I can do for them but I offer my condolences and my prayers to them. What little I can imagine as the pain they are in, I know is only a prick to what the open wound that they must feel right now. May their pain be replaced with happy memories of the time they had with their son.
Sunday, January 4, 2009
Spectacle is the Real Deal
I've now watched three of Elvis Costello's Spectacle on the Sundance Channel. I thought the first one with Elton John was brilliant. The second one with Lou Reed not as good until Julian Schnable showing up (listening to him quote Lou was pretty cool). But, the 12/17 episode with Bill Clinton was really something special. President Clinton has always had the ability to talk like a real person, but to listen to him speak about the influence of music on his life and is depth of knowledge about Jazz was extraordinary. I also thought his summary of the four things that a President does was telling. He said the four things are: 1) Following up and trying to keep campaign promises, 2) Dealing with incoming fire and crisis', 3) Listening and dealing with Congress, and 4) Organizing how the White House works. The last one was the one that was most telling. Just like business, who you sit at the table is who/what will get attention. The White House works the same way. He described the people who were in charge of native American affairs and Faith-based organizations. As a consequence of having these senior positions and people, their issues got more attention. Thank you to Elvis Costello, Sundance and the Exec Producers of Spectacle for providing a forum where we can listen, learn and appreciate.
Monday, December 22, 2008
Scrub your Facebook and LinkedIn Friends!
I just got around to reading Bill Ayers' (you know, William Ayers, the supposed terrorist friend of Barack Obama) NY Times, December 6th, Op-Ed article. In his article he details his lack of relationship with President-Elect Obama and goes on to say, "President-Elect Obama and I sat on a board together; we lived in the same diverse and yet close-knit community; we sometimes passed in the bookstore. We didn't pal around, and I had nothing to do with his positions. I knew him as well as thousands of others did, and like millions of others, I wish I knew him better". As I read his piece and heard him say, "Demonization, guilt by association and the politics of fear did not triumph, not this time", it made me think about the associations that we make throughout our lives that could come back to haunt us, even though they were innocent at the time. What is different than the past and if we fast forward to the future will be the scouring of our Facebook, LinkedIn, and other social networks of the future to see who our "friends" are and trying to use that against us? Will the next Presidential candidate have to account for all of the millions of friends that they have accumulated or do we need to now start thinking about who we let in our friend networks or not? I casually accept just about everyone who asks to be my friend on Facebook and LinkedIn. I don't pay attention to my MySpace page anymore as it got too cumbersome rejecting one named women who were significantly younger than me. But for Facebook and LinkedIn, who are both better controlled for spam, I tend to trust that because someone knows someone else or I might have tangentially known them in the past that I let them in. But, I have no way of knowing that someone I went to college with hasn't turned into a subversive type. How would I know what secret clubs and societies they belong? And, especially I would have no idea what activities they have financed overseas on those annual vacation trips out of the country. I just accepted a friend on Facebook who I worked with early on a Frito-Lay back in 1986. He was a little wild and crazy back then but it is hard to tell now. His profile picture has him surrounded by five children who all look like him, but how am I to know that these aren't genetically engineered offspring to throw me off and never have me suspect that he is a spy for a terrorist faction? It really is hard to tell these days. Now, that Bill Ayers guy, are we really sure that when they passed in the bookstores they weren't passing secret code books between he and President-Elect Obama? Sounds like we all should just accept that we are guilty by association until proven innocent and just go ahead and have as many friends as we want because it is going to come up some time no matter what.
Labels:
association,
barack obama,
bill ayers,
Facebook,
linkedin,
new york times,
rusty rueff
Tuesday, December 9, 2008
“Recession” or a “Compression”?
One of the first things I ever learned about taking care of myself or someone else in a medical emergency was to apply pressure and try to compress the wound. I remember hearing as a kid growing up for all kinds of hurts, “put a compress on it”. Lately, I have been thinking that this is exactly what is happening in our economic situation. While the government is trying to get its act together on what it should do, we, the American consumers, are taking the only action we know to do when something is hemorrhaging. That is, to compress the wound. It is what we are doing with locking down our spending, sewing our pockets shut on investments, and pushing down hard on anything that seems frivolous or not necessary. And we are very, very afraid to take the pressure off for fear that the spurting will start all over again and we certainly can’t afford to lose any more of anything. So, I would put forward that we are in a Compression and that unless the government comes out and starts talking to each of us on how to manage during these times of uncertainty that we will not take the pressure off and consumer spending will continue to wither. When we said we were in a Recession, the powers to be failed to give us our instructions on how to manage through a Recession. Left to our own devices and thinking we are all only doing what we know and falling back on the little we know on how to manage. I don’t know about you, but I would be glad to see a First-Aid kit as soon as possible because I don’t like this pressured feeling and I wonder what happens if I keep this pressure on like this too long. I seem to remember something about too much pressure too long on a wound that doesn’t want to heal on its own will get worse and worse without blood flow. The similarities are just too frightening for me.
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