meltdown: It's NOT about BLAME...It should be about ACCOUNTABILITY AND CORRECTIVE ACTION....
- 04/13/09 11:30 PM
The people who played KEY roles in the financial meltdown are very good at SPINNING the truth and focusing blame to distract from the real issues. So maybe it should be explained differently, for example from this perspective: In sports when a regulator official makes a bad call, the homeowners spectators voices their displeasure. If it cost the financial institutions team the game, then we have news. Most likely the regulatorofficial will be held accountable for their actions. Now let's back step and take wider view..... Now the government regulatory body rules communities make rules that favor the offense over the defensive. Would … (7 comments)
meltdown: It’s Human Nature to work the system and the Key to Preventing Disasters is Regulation
- 03/22/09 07:34 AM
Originally Posted on 12/14/2009 I believe it needs repeating. Many years ago in another life, I went to work for a gold mining company they had bought an old mine and mill that had been closed for several years. The old building already contained the basics needed for setting up the gold milling process. Filling up an old underground mine seem to be viable, inexpensive way to dispose of the ore waste.
Here is the issue. Cyanide (cyanide is extreme deadly to humans)was use to extract the gold (common practice) from the ore, then the tailing's (ore waste) where put into the old mine … (5 comments)
Raise the financial IQ of buying public and we all can make better buying decisions and hopefully avoid our own personally financial meltdown. Here are my thoughts:
A while back, I had the opportunity to volunteer for a Financial Literacy Fair held at a local college for the benefit of local high schools that wanted to participate. It is a new program fund entirely by local business and volunteers. The goal is to raise the financial IQ by simulating real life.
Here was the process … (8 comments)
meltdown: It’s Human Nature to work the system and the Key to Preventing Disasters is Regulation
- 12/13/08 11:19 PM
Many years ago in another life, I went to work for a gold mining company they had bought an old mine and mill that had been closed for several years. The old building already contained the basic's needed for setting up the gold milling process. Filling up an old underground mine seem to be viable, inexpensive way to dispose of the ore waste.
Here is the issue. Cyanide (cyanide is extreme deadly to humans)was use to extract the gold (common pratice) from the ore, then the tailings (ore waste) where put into the old mine where they potentially were exposed to the underground water. The … (5 comments)
Raise the financial IQ of buying public and we all can make better buying decisions and hopefully avoid our own personally financial meltdown. Here are my thoughts:
Last week I had the opportunity to volunteer for a Financial Literacy Fair held at a local college for the benefit of all local high schools that wanted to participate. It is a new program fund entirely by local business and volunteers. The goal is to raise the financial IQ by simulating real life.
My Blog is designed to provide resources to enable you to make an informed buying and seller decisions. For comprehensive resources log to www.MarkWatterson.com or www.UtahMark.com
The people who played KEY roles in the financial meltdown are very good at SPINNING the truth and focusing blame to distract from the real issues.
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