But when evidence of those processes are given, it doesn't change your opinion. Sam showed 17 attempts to deal with the situation in 2008 alone. Is that leadership? is that accountability? And what of the other years? The point is, your not investigating before saying that its his fault. Your not being critical of your arguments.
No, it's not odd as I'm not looking at this in one dimension. Good leaders do not try to do it all themselves. Good leaders know when and where to appoint sub-leaders to do jobs. Good leaders know when to remove bad sub-leaders and appoint better ones. Good sub-leaders know when to bring an issue to the leader and when to handle one themselves. Did Bush appoint good people? Did he remove bad ones? If the answer is that he only appointed bad ones and never removed them then he is totally and singularly at fault. If on the other hand, he did his job and put the right people in charge and removed the wrong ones, then the accountability is not his alone. Yes, he is accountable, but you gloss over those below him who are closer to the problem than he is. There is a difference between ultimate accountability and direct accountability. You've been too focused on the ultimate. At least thats what I see from your posts, especially when someone points to the direct. Yes, your right. Bush is ultimately responsible. Now can we look at who is directly responsible? Now can we stop tarring people or parties with the same brush as Bush? On Fri, Oct 10, 2008 at 12:47 PM, Gruss Gott <[EMAIL PROTECTED]> wrote: > > Dino wrote: > > Yes, the buck stops at the end, which is the president but from what I'm > > hearing from Gruss, there is no stop, slowdown or anything before the > > president. > > I'm saying that if, as a leader, you hold yourself accountable for > everything that happens on your watch you'll put processes in place to > ensure that bad sheet doesn't happen. > > It's so odd to have to explain this. > > Good leaders make you worry about little crap. Bad leaders make > excuses when the walls tumble down. > > Think ENRON. What's the CEO say? Not my fault, the CFO did it. > > Think GE. What's the CEO say? I failed and I'll fix it by next year > or I'll resign. > > It's called ownership and good leaders have it. Bad leaders don't. > > If you don't think you're responsible for everything you publish as a > publisher - or for the actions of your employees as a leader - well, > it's your call. > > As for Bush I think stewardship of the economy can CERTAINLY be blamed > on him. If not him then who? Nobody? Then it's not governance. > > Hell you could trace the mortgage thing back to the Johnson > administration when MBSs were first thought up. > > But it wasn't until the growth of the unregulated "shadow" banking > system and "innovations" like "swaps", that it became a problem. > Which is why the whole fannie argument is hooey and misinformation. > > Anyhoo, the point is, what do you think the 2 big things a President > should ask after the smaller stuff? For me it's this: > > (1.) What are the domestic and foreign risks? Give me a ranked list, > impact assessment, and a mitigation plan. > > (2.) What are the economic risks? Give me a ranked list, impact > assessment, and a mitigation plan. > > Derivitives should've been tops on the list of #2. > > So for this problem, 1 of 3 leadership failures occurred: > > 1.) The president never asked for economic risks. His fault. > > 2.) The president appointed the wrong people and neither he nor they > knew about the risks. His fault. > > 2.) The risks were presented, but the president failed to act in a way > to prevent the crisis. His fault. > > See how easy things are when you focus on owership? > > ~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~| Adobe® ColdFusion® 8 software 8 is the most important and dramatic release to date Get the Free Trial http://ad.doubleclick.net/clk;207172674;29440083;f Archive: http://www.houseoffusion.com/groups/cf-community/message.cfm/messageid:273429 Subscription: http://www.houseoffusion.com/groups/cf-community/subscribe.cfm Unsubscribe: http://www.houseoffusion.com/cf_lists/unsubscribe.cfm?user=11502.10531.5
