THE ENTERPRISE--HOW THINGS LOOK & HOW THEY ARE
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THE ENTERPRISE--HOW THINGS LOOK & HOW THEY ARE
Posted at 03:39 PM in WEEKLY NEWSLETTER | Permalink | Comments (0)
Coming soon: A book all America needs to read. HOPE IS NOT A STRATEGY: Leadership Lessons from the Obama Presidency. Watch for more news.
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THE ENTERPRISE—SIMPLE STATEMENTS, STUNNING TRUTHS
THE GOP PRIMARY SEASON IS OFF TO A TOPSY-TURVY START
NO DOUBT THE FEW OBAMA SUPPORTERS WHO STILL READ THIS EDITION OF THE ENTERPRISE WILL RECOIL IN HORROR, BUT…IT IS ALL FACTUAL
The business environment in the USA is still adversely affected by the anti-business bias of every part of the current administration and its many "czars." Businesses are remarkable adept at adapting to varying conditions--but when the government is aligned against it, the choices are fewer, and caution is greater. Until this changes, any recovery will be slow, and sporadic.
TIMELY DEFINITION OF THE WEEK: Electile Dysfunction: The inability to become aroused over any of the choices for President put forth by either party.
DEMOCRATS--THE "SORE LOSERS"--EVIDENCE: RECALL ELECTIONS, AND REFERENDUMS
It's clear that the Democratic party is like a gambler who, upon losing, wants a "do over" or another chance. This allows out of state influences to flood the state with money and ads to attack what the normal, legitimate elections yielded. Since $30-40 million in union money worked in OH, reversing the public employee bargaining rights law, now WI is the target, where the unions and Democratic factions will spend whatever it takes trying to reverse the will of the voters and throw out the governor and a couple of state senators. For decades, this kind of action has been rarely used. However, when unions sense a continued decline and when voters have spoken, they simply say--no way. Flood the airwaves with half-truths and misinformation and spend whatever it takes to reverse the regular elections. Just remember, that sword cuts both ways.
I WONDER HOW MANY PETITION SIGNATURES IT WOULD TAKE TO RECALL BARACK OBAMA? Answer: NONE--We can't do it that way.
Once elected and after Congress has certified the Electoral votes, a President of The United States may only be removed from office by impeachment by the House followed by conviction by the Senate, or by the more prudent means of resignation ( a la Richard Nixon). Johnson and Clinton were impeached, but no President has ever been convicted and removed from office.
INTERESTING DECISION BY THE OBAMA ADMINISTRATION--PERHAPS THE US VOTERS SHOULD ALSO CHOOSE A BAIN ALUM TO LEAD THE NATION?
January 17, 2012 4:11pm
New Obama OMB director a Bain alum by Joel Gehrke Commentary Staff Writer
Jeffrey Zients will serve as President Obama's new acting director of the Office of Management and Budget (OMB), but the president's decision might undercut attacks on Republican Mitt Romney's career as a venture capitalist, because Zients and Romney are both alumni of Bain & Company.
"I'm pleased to designate Jeff Zients to lead the Office of Management and Budget. Since day one, Jeff has demonstrated superb judgment and has provided sound advice on a whole host of issues," Obama said in a statement accompanying the announcement today. Zients previously served as Deputy Director of OMB under Jack Lew, who became Obama's chief of staff with the departure of Bill Daley. Romney might also be pleased at Zients' promotion, given that they have a common professional background; Zients worked with Bain & Company as early as 1988, according to the Bain website. Republican presidential candidate Mitt Romney worked at Bain & Company, first from 1977-1984, and then again from 1991 and 1992, when he was the Bain & Company chief executive officer. Update: Bain & Company says that Zients worked there from August 1988 to June 1990. Romney apparently returned to Bain & Company from Bain Capital in January 1991, so they missed each other by six months.
I HEARD SOMEONE HOLD FORTH AT LENGTH ABOUT THE GREAT JOB THAT BARACK OBAMA HAS DONE AS PRESIDENT.
To that, I can only offer his record:
Barack Obama's 32 Month Report Card by Rich Carroll
> Mr. Hope and Change wants to create a nation humbled; humiliated, casting-aside capitalism and individual freedoms for one where “we the people” are government controlled. This would be a system that genuflects mediocrity, steals personal aspiration and opportunity, and punishes those who strive to succeed.
> A gallon of regular gasoline the day Obama was inaugurated was $1.79 on average in the U.S. Today that price is $3.59, a 100.6% increase. The number of food stamp recipients has risen since Obama took office from 31,983,716 to 43,200,878, a 35.1% jump. Long term unemployment soared 146.2% during the same 32 month period from 2,600,000 to 6,400,000. Staggering “hope and change” isn't it?
> American citizens living in poverty have risen 9.5% from 39,800,000 to 43,600,000, and the number of unemployed has jumped almost 25% from 11,616,000 to 14,485,000 as of August 31, 2011. The number of unemployed blacks has risen from 12.6% at the end of George Bush's term to 15.8% today, a 25.4% increase, and finally, our national debt is up 34.4% from 10.627 trillion to 14,278 trillion *
> Keep these figures in mind as we recount the number of “firsts” for this presidency:
> First President to refuse to show a valid birth certificate--for years--and still keeps his background records (college) hidden and sealed.
> First President to apply for college aid as a foreign student, then deny he was a foreigner.
> First President to have a social security number from a state he has never lived in.
> First President to preside over a cut to the credit rating of the United States .
> First President to violate the War Powers Act.
> First President to be held in contempt of court for illegally obstructing oil drilling in the Gulf of Mexico .
> First President to defy a Federal Judge's court order to cease implementing the Health Care Reform Law.
> First President to allocate a large part of a trillion dollars to "shovel-ready jobs" and later admit there was no such thing as shovel-ready jobs.
> First President to abrogate bankruptcy law to turn over control of companies to his union supporters, and steal from legal bond-holders.
> First President to by-pass Congress and implement the Dream Act through executive fiat.
> First President to demand a company hand-over $20 billion to one of his political appointees.
> First President to terminate Americas ability to put a man in space.
> First President to encourage racial discrimination and intimidation at polling places, and stop the Justice Dept. from doing anything about it.
> First President to have a law signed by an auto-pen without being present.
> First President to arbitrarily declare an existing law unconstitutional and refuse to enforce it.
> First President to threaten insurance companies if they publicly speak-out on the reasons for their rate increases.
> First President to tell a major manufacturing company in which state they are NOT allowed to locate a factory.
> First President to file lawsuits against the states he swore an oath to protect (Az, WI, OH, IN)
> First President to withdraw an existing coal permit that had been properly issued years ago.
> First President to fire an inspector general of Ameri-corps for catching one of his friends in a corruption case.
> First President to appoint 45 Czars to replace elected officials in his office.
> First President to golf 73 separate times in his first two and a half years in office.
> First President to hide his medical, educational and travel records.
> First President to win a Nobel Peace Prize for doing NOTHING to earn it.
> First President to coddle American enemies while alienating Americas allies.
> First President to publicly bow to Americas enemies while refusing to salute the U.S. Flag.
> First President to go on multiple global apology tours.
> First President to go on 17 lavish vacations, including date nights and Wednesday evening White House parties for his friends, paid for by the taxpayer.
> First President to refuse to wear the U.S. Flag lapel pin.
> First President to have 22 personal servants (taxpayer funded) for his wife.
> First President to keep a dog trainer on retainer for $102,000.00 a year at taxpayer expense.
> First President to repeat “the Holy Qur'an tells us,” and openly admit “the early morning call of the Azan (Islamic call to worship) is the most beautiful sound on earth.”
> Remember that 32 months of Obama White House we the people have accumulated national debt at a rate more than 27 times as fast as during the rest of our nation's entire history, as the Obama's plan their next extravagant vacation to the Indonesian Island nation of Bali .
> Hope and change anyone?
> > * sources: U.S. Energy Information Administration, Wall Street Journal, Bureau of Labor Statistics, US Dept of Labor, Standard & Poors/Case-Shiller, Federal Reserve, US Treasury, Heritage Foundation.
QUOTES FROM THE WISDOM OF THOMAS JEFFERSON--VERY RELEVANT TO THIS ELECTION SEASON
--The democracy will cease to exist when you take away from those who are willing to work and give to those who would not.
--It is incumbent on every generation to pay its own debts as it goes. A principle which if acted on would save one-half the wars of the world.
--I predict future happiness for Americans if they can prevent the government from wasting the labors of the people under the pretense of taking care of them.
--My reading of history convinces me that most bad government results from too much government.
STAY TUNED FOR A SPECIAL EDITION COMING SOON…
ON A VERY IMPORTANT TOPIC….the date of the upcoming release of A BRAND NEW BOOK: HOPE IS NOT A STRATEGY: Leadership Lessons from the Obama Presidency, which I co-authored with Dave Lukas.
BEST, JOHN
Author of the Award Winner: THE COMPLEXITY CRISIS, and the exciting novel: THE CHINESE CONSPIRACY. Come see my blog posts on Forbes.com & American Express Open Forum: http://www.openforum.com/connectodex/small-business-trends?username=john-mariotti&isRecentPosts=True
John L. Mariotti, President & CEO, The Enterprise Group, Phones (mobile) 614-499-5577 & OH Office 614-840-0959 (when available). http://www.mariotti.net, http://mariotti.blogs.com/my_weblog/
Posted at 10:16 AM in WEEKLY NEWSLETTER | Permalink | Comments (0)
Tags: A BRAND NEW BOOK: HOPE IS NOT A STRATEGY: Leadership Lessons from the Obama Presidency, which I co-authored with Dave Lukas.
Download Democrats and Executive Overreach - WSJ.com
ECONOMIC OUTLOOK: CONSUMERS ARE SPENDING BUT THEY ARE NO LONGER SAVING--THEIR DEBT IS INCREASING
Posted below is the most recent summary from BIGinsight's Consumer Intentions & Actions Survey.
EXECUTIVE BRIEFING
Economic & Consumer Insights for Marketing Executives
The Consumer Intentions & Actions® Survey monitors over 8,000 consumers each month providing unique insights & identifying opportunities in a fragmented and transitory marketplace.
January 2012 (Respondents surveyed 1/4 - 1/11/12)
Talking Points- The New Year didn’t begin with a bang, according to consumers
- Just one in three predict full economic recovery, down from Jan-11, Jan-10
- Blame it on the holiday spending hangover…practicality, focus on needs UP
- More than a third plan to decrease overall spending, up 20% from December
- Walmart is back in the driver’s seat in Women’s Clothing
- Will the Express Scripts debacle end Walgreens Prescription Drug domination?
- Consumer Migration: Prescription Drugs
- 90 Day Outlook: Looks like consumers are in for a little spending hibernation
- What’s Hot…does American craftsmanship score more points than the Super Bowl?
For the full briefing, please click on the link below:
SOME OF THE BEST LESSONS ABOUT HOW TO DO THINGS BETTER ARE SURPRISINGLY SIMILAR--AND SIMPLE:
THE FOLLOWING STORY WAS SENT TO ME BY AN OLD FRIEND, AND IT REALLY RESONATES WITH ME… I had an almost identical experience at Huffy Bikes, which I'll describe after you read this story.
NOTE: Henry Ford reportedly had an effective way to find the most efficient way to get a job done."Give the job to the laziest SOB in the plant ... and watch him carefully. You'll have the answer in a few hours."
Those who have worked in an assembly line environment will have an appreciation for this story ... it will bring a smile to your face.
A toothpaste factory had a problem: they sometimes shipped empty boxes, without the tube inside. This was due to the way the production line was set up, and people with experience in designing production lines will tell you how difficult it is to have everything happen with timings so precise that every single unit coming out of it is perfect 100% of the time. Small variations in the environment (which can’t be controlled in a cost-effective fashion) mean you must have quality assurance checks smartly distributed across the line so that customers all the way down to the supermarket don’t get pissed off and buy someone else’s product instead.
Understanding how important that was, the CEO of the toothpaste factory got the top people in the company together and they decided to start a new project, in which they would hire an external engineering company to solve their empty boxes problem, as their engineering department was already too stretched to take on any extra effort.
The project followed the usual process: budget and project sponsor allocated, RFP, third-parties selected, and six months (and $8 million) later they had a fantastic solution on time, on budget, high quality and everyone in the project had a great time. They solved the problem by using some high-tech precision scales that would sound a bell and flash lights whenever a toothpaste box weighing less than it should was detected. The line would stop, and someone had to walk over and yank the defective box out of it, pressing another button when done to resume the line.
A while later, the CEO decides to have a look at the ROI of the project: amazing results! No empty boxes ever shipped out of the factory after the scales were put in place. There were very few customer complaints, and they were gaining market share. “That’s some money well spent!” he said, before looking closely at the other statistics in the report.
It turns out that the number of defects picked up by the scales was 0 after three weeks of production use. It should’ve been picking up at least a dozen a day, so maybe there was something wrong with the report. He requested an explanation, and after some investigation, the engineers come back saying the report was actually correct. The scales really weren't picking up any defects, because all boxes that got to that point in the conveyor belt were good.
Puzzled, the CEO went down to the factory, and walked up to the part of the line where the precision scales were installed. A few feet before it there was a $20 desk fan blowing the empty boxes off the belt and into a bin. "“Oh, that! One of the guys put it there ’cause he was tired of walking over every time the bell rang”," said one of the workers.
Author of the Award Winner: THE COMPLEXITY CRISIS, and the exciting novel: THE CHINESE CONSPIRACY. Come see my blog posts on Forbes.com & American Express Open Forum: http://www.openforum.com/connectodex/small-business-trends?username=john-mariotti&isRecentPosts=True
John L. Mariotti, President & CEO, The Enterprise Group, OH Address (Mar.-Dec.): 10218 Ashton Close, Powell, OH 43065, FL Address (Jan.-Mar.): 316 Edgewater Ct., Marco Island, FL 34145 Phones (mobile) 614-499-5577 & OH Office 614-840-0959. http://www.mariotti.net, http://mariotti.blogs.com/my_weblog/
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IBM, HP, Microsoft failed to patch vulnerabilities after being notified. No surprise that The Chinese Conspiracy could still happen
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Recent Facts
. United States Tax revenue: $2,170,000,000,000--$2,400,000,000,000
. Fed budget: $3,820,000,000,000--$3,900,000,000,000
. New annual debt: $1,500,000,000--1,650,0000,000,000
. National debt: $16,000,000,000,000 and climbing
. Recent budget spending cut: $38,500,000,000
Now, remove 8 zeros and pretend it's a household budget:
. Annual family income: $21,700--$24,000
. Money the family spends: $38,200--$39,000
. New debt on the credit card: $15,000--16,500
. Outstanding balance on credit card: $160,000
. Total family planned budget spending cuts: $385
Are There Any Questions? Is this ridiculous, or what?
BARACK OBAMA LOVES TO BLAME WALL STREET GREED--AND SOME IS WELL DESERVED--BUT THE REAL CULPRITS SELDOM GET BLAMED! WHY? READ ON!
WHERE ARE THEY NOW? Surprise.... Answer
Three men who brought down Wall Street (and were instrumental in the Subprime mortgage debacle which largely caused the financial crisis.)They were clearly aided and abetted by Chris Dodd and Barney Frank…and Barack Obama (To learn more, read Gretchen Morgenstern's fine book Reckless Endangerment)Here's a quick look into the three former Fannie Mae executives who brought down Wall Street.
Franklin Raines was a Chairman and Chief Executive Officer at Fannie Mae. Raines was forced to retire from his position with Fannie Mae when auditing discovered severe irregularities in Fannie Mae's accounting activities. Raines left with a "golden parachute valued at $240 Million in benefits. The Government filed suit against Raines when the depth of the accounting scandal became clear.
Tim Howard - was the Chief Financial Officer of Fannie Mae. Howard "was a strong internal proponent of using accounting strategies that would ensure a "stable pattern of earnings" at Fannie. Investigations by federal regulators and the company's board of directors since concluded that management did manipulate 1998 earnings to trigger bonuses. Raines and Howard resigned under pressure in late 2004. Howard's Golden Parachute was estimated at $20 Million!
Jim Johnson - A former executive at Lehman Brothers and who was later forced from his position as Fannie Mae CEO. Investigators found that Fannie Mae had hidden a substantial amount of Johnson's 1998 compensation from the public, reporting that it was between $6 million and $7 million when it fact it was $21 million." Johnson is currently under investigation for taking illegal loans from Countrywide while serving as CEO of Fannie Mae. Johnson's Golden Parachute was estimated at $28 Million.
WHERE ARE THEY NOW?
FRANKLIN RAINES? Raines works for the Obama Campaign as his Chief Economic Advisor.
TIM HOWARD? Howard is a Chief Economic Advisor to Obama under Franklin Raines.
JIM JOHNSON? Johnson was hired as a Senior Obama Finance Advisor and was selected to run Obama's Vice Presidential Search Committee.
Author of the Award Winner: THE COMPLEXITY CRISIS, and the exciting novel: THE CHINESE CONSPIRACY. Come see my blog posts on Forbes.com & American Express Open Forum: http://www.openforum.com/connectodex/small-business-trends?username=john-mariotti&isRecentPosts=True
John L. Mariotti, President & CEO, The Enterprise Group, Phones (mobile) 614-499-5577 & OH Office 614-840-0959 (when available). http://www.mariotti.net, http://mariotti.blogs.com/my_weblog/
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