What do we really know?

The-Seven-Gates-of-Wisdom-1 4Some continuing comment on the state of the financial markets around the world. For the most part, the markets have

operated in a fairly orderly manner for most of our lifetimes. There is a small group of business leaders in conjunction with government policy makers who have kept the current system in place. Those that have been master of this system have felt in complete control and have reaped vast wealth.

Something changed. I am uncertain when this change happened. This change is a disruption of the normal operating rules. I will elaborate at a future time about what is the cause of these changes and the fallout that is rapidly occurring due to the change.

What we can see as an outward sign of the disruption of the normal flow of things is the lack of a creditable approach to restoring confidence of investors in the value of companies in all sectors of the economic system. Normally, I wouldn’t write about this type of thing in this BLOG, but the impact is so far reaching that I am writing about it everywhere. There are many who have been heralding this change. I have not taken them as seriously as I could have because most of their writing is fear based. I don’t find that useful. I did forget however, that I can gain value from listening to a fearful conversation if I look to the factors that created the fear rather than be caught up in the emotion.

Yesterday as part of the preparation for next week’s radio program on the real truth of the $700B bailout, I was talking with a journalist who was a former Assistant Secretary of Treasury in the Reagan administration. This person is very clear about the factors that are causing the current crisis. One of the things that I took away from the conversation is that the people who created the chaotic system we are trying to change were creators of the system.

As Albert Einstein was to have said, “A problem can’t be solved by the same consciousness that created it”. This situation can’t be solved by those who created it. They are digging deeper and deeper holes that generations to come will be saddled with. The prosperity we have experienced for several generations is crumbling.

What to do? That is a question that is consuming my whole attention. For the walk from here will be much different than the journey so far. I will share with you what I feel are reasonable steps for anyone who chooses to take charge of their situation rather than be at the effect of others choices.

I wish you peace in this time of turmoil.


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Author: Thomas White

Over the past thirty-five years, Thomas White has created and led private and public organizations that initiated breakthroughs in areas as diverse as computer software, publishing, printing, market research, leadership development and organizational change. The common ingredients in his success are simple. He looked beyond the limitations that others believed and found real solutions to needs that business leaders have. He attracted the best talent to translate these innovative solutions into practical products and services that were of high value to customers. He created cultures where people love what they do, work at their best and produce extraordinary results. In addition to his role as a business leader, Thomas has been a pioneer and inventor of technologies in the computer-networking field. He is a patent holder for innovations in business process and workflow technology. As part of his passion for educating others about the interface of human and computer systems, he was the co-author of “New Tools for New Times, The Workflow Paradigm”. He has also written articles for numerous publications. In 2001, he turned his attention from leading companies to supporting leadership teams in creating organizations of excellence. After many years of being a part of the machine of change, Thomas recognized that business is the most powerful force in the world. It has a major impact on public policy and governments everywhere. It is a key influence on how we use our resources and sets an example of the values that shape communities from local to global. He formed the consulting firm of Profoundly Simple to be a guide for exemplary leaders - leaders who wisely uses the power they are entrusted with to serve their constituencies first and themselves second; leaders who know that it is good business to treat people with respect, honor the environment and act with impeccable integrity – leaders who inspire greatness in those around them and by doing so create great organizations that are notable examples of success. Feeling the itch to get back into the game again, Thomas joined with two long time friends, to start the C-Suite Network. This network of business leaders offers an online network, events, services, and insights to its 500,000 member community. In addition, the C-Suite Network produces and distributes television and radio content to an audience of over 5M per month

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