Comments on: The root of all evil http://managingleadership.com/blog/2008/09/26/the-root-of-all-evil/ The strategic role of the senior executive Sat, 28 Jan 2012 01:35:19 +0000 hourly 1 http://wordpress.org/?v=3.3.1 By: Jim Stroup http://managingleadership.com/blog/2008/09/26/the-root-of-all-evil/comment-page-1/#comment-7823 Jim Stroup Mon, 29 Sep 2008 21:17:44 +0000 http://managingleadership.com/blog/?p=946#comment-7823 Hello Jeff, Thanks for stopping by with this heartfelt opinion on the lead-in for this post. I hope we see you back again in the future. Thanks again! Hello Jeff,

Thanks for stopping by with this heartfelt opinion on the lead-in for this post. I hope we see you back again in the future.

Thanks again!

]]> By: Jeff http://managingleadership.com/blog/2008/09/26/the-root-of-all-evil/comment-page-1/#comment-7821 Jeff Sat, 27 Sep 2008 21:04:10 +0000 http://managingleadership.com/blog/?p=946#comment-7821 The current meltdown of U.S. financial markets requires a $700 billion bailout by the American taxpayer. Taxpayers are expressing their outrage. Elected officials have joined in the outcry because it's good politics. They don't really care. Curiously, American taxpayers haven't been nearly as upset over the fact that, this past year, they have paid some $700 billion for foreign oil. Americans seem oblivious to the fact that many of their elected officials made this happen by blocking domestic oil production, and who continue to do so, to this day. Why is it OK for politicians to hurt the economy by making us pay foreign counrties $700 billion for oil that could have been produced at home, but not OK to pay $700 billion to save the economy from ruin? What's the difference? Why haven't our elected officials been taken to task for what they've done? Foreign oil purchases caused unnecessary hemorrhaging of trillions of taxpayer dollars over the past ten ears. You can bet the financial executives will be crucified. Why do taxpayers not give politicians the same treatment? Why will we continue to reelect these officials. They have caused more harm to our economy than the 911 terrorists and the CEOs of failed financial institutions, combined. The current meltdown of U.S. financial markets requires a $700 billion bailout by the American taxpayer. Taxpayers are expressing their outrage. Elected officials have joined in the outcry because it’s good politics. They don’t really care.

Curiously, American taxpayers haven’t been nearly as upset over the fact that, this past year, they have paid some $700 billion for foreign oil. Americans seem oblivious to the fact that many of their elected officials made this happen by blocking domestic oil production, and who continue to do so, to this day.

Why is it OK for politicians to hurt the economy by making us pay foreign counrties $700 billion for oil that could have been produced at home, but not OK to pay $700 billion to save the economy from ruin? What’s the difference?

Why haven’t our elected officials been taken to task for what they’ve done? Foreign oil purchases caused unnecessary hemorrhaging of trillions of taxpayer dollars over the past ten ears. You can bet the financial executives will be crucified. Why do taxpayers not give politicians the same treatment? Why will we continue to reelect these officials. They have caused more harm to our economy than the 911 terrorists and the CEOs of failed financial institutions, combined.

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