Performance Review In the real world, Chief Executives are fired and hired based on performance. Last year,
a CEO retired. When he took office, that CEO rolled up his sleeves and got to work. He didn't spend a lot of time complaining
and explaining; he got things done. When he took office in 2001, the country was in the middle of the greatest loss of wealth
in its history: the NASDAQ had dropped to less than half of it's peak value in 2000. That CEO left us safe and presided over
an economy that grew over 5% per year on average. However, after 7 years of economic improvement, the retiring CEO left us
amidst another great recession. In 2008, the people of the United States, given two questionable choices,
picked the candidate who was the best looking, spoke in cliches and platitudes, and promised the most even if he
never detailed the how. Despite having been a part of the histrionics surrounding the bailout of banks, auto companies, insurance
companies, and mortgage companies to stave off the "imminent collapse of our financial system," our new CEO now
tells us "no one knew how bad it really was." Now, in charge for over a year, he never tires of telling us "it
was like that when I got here"; a true graduate of Homer Simpson's School for Success. It has been my experience that a CEO hired to re-direct a floundering ship fixes or divests failing programs
before implementing new initiatives. True to his lack of experience and ability, our new CEO has chosen to implement new initiatives
as the failed programs continue to sap vitality from our country. He tells us he was elected to address the difficult problems:
universal health insurance, the global warming of CO2, and the elimination of the secret ballot. The
greatest difficulty with these problems is that they are not problems.
The vast majority of Americans have minor complaints about health insurance and no desire for this CEO's universal program.
Global warming is, at best, a tool of the misanthrope as the reduction of CO2 can only be accomplished by the suppression
of development in the third world or by a drastic reduction in global population and is unlikely to have any effect on global
climate change anyway. And the elimination of the secret ballot is the elimination of democracy and the implementation of
thugocracy. The difficult problems that urgently need to be addressed
are: social security, medicare, and medicaid. When Homeland Security is preempted by the Justice department, NASA no longer
has a space program but is a weather research organization instead of the NOAA, and the EPA distributes transportation development
funds instead of the Transportation Department, there are also problems there. Finally, the programs that need divestiture
are Amtrak, Fannie Mae, Freddie Mac, Sallie Mae, and the Post Office. In
the real world, a CEO who makes excuses, blames his predecessor for existing problems, and institutes programs without promise
would be immediately removed from office. We will have to wait. In the meantime, it behoves us to delay, impede, and replace
those we can. We need to start in November of 2010 by replacing the worst representatives and finish in November 2012 by removing
this CEO. This CEO has earned an F and shows
no sign of improving.
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