All Rich Guys Think They are Infallible….

via Jack Welch: I was right about jobs report РOct. 9, 2012.

Welch, the former CEO of General Electric, had previously contributed content to Fortune, but following critical coverage of his comments on the jobs report and tenure at GE, Welch said in an e-mail Tuesday that he was terminating his contract with Fortune.

In his WSJ op-ed, Welch suggests that the reaction to his criticism of “the ruling authorities” was something he would expect in Soviet Russia or Communist China. “Nope,” he wrote, “that would be the United States right now, when a person (like me, for instance) suggests that a certain government datum (like the September unemployment rate of 7.8%) doesn’t make sense.”

I am using the source above to give you an example of the fact that all rich guys think they are infallible. It seems that once a person has managed to collect a few million bucks they come to the conclusion that they know everything. While Jack Welch definitely had some successes at running General Electric in the 1980s he really didn’t do anything more than listen to what his people told him and then choose a profitable path.

I am going to give you a technical term for the reason people who have success in one area then think they know everything in all areas. It is call having a “big-head”ūüôā ¬†Of course Jack Welch is not the only person to show symptoms of having a big-head. There are many others. The most obvious one right now is Mitt Romney. He thinks he know everything since he was successful at buying companies and stripping them down and selling their parts for a profit. He thinks that since he made a few bucks doing that he is somehow infallible.

Another symptom of having a big-head is that you think that everyone will believe whatever comes out of your mouth. ¬†Mr. Welch says he doesn’t need any proof that somehow the unemployment numbers were fixed; he just knows its true and we are supposed to believe him. Mr. Romney is also much like that even when he says exactly opposite things. He thinks everyone believes whatever he says. ¬†The trouble with this is that there are some people who actually do believe everything he says. ¬†How else can you explain why so many say they will vote for him even after flip-flop after flip-flopūüėČ

Whenever I think I might be getting a big head I go to visit my hero Will Rogers to see what he says about the subject I think I know all about. Now don’t get me wrong, I’m not saying that I made a bunch of money like the yahoos I am talking about here. It is just that sometimes I come to the grandiose conclusion that I got it right about this or that and others just can’t for some reason understand. Whenever my head starts swelling I read Will’s words:

Everybody is ignorant, only on different subjects – Will Rogers

There is nothing so stupid as an educated man, if you get him off the thing he was educated in. – Will Rogers

Thanks Will for keeping me level-headed. Now if only Mr. Romney, Mr. Welch and so many others would just heed your words of wisdom and realize they too are not perfect.

Its All In The Editing….

Now that I have passed the 1,000 post mark on this blog and have managed to get a regular and growing following I thought I would give you some “secrets”on blogging. ¬†Even though I am just an ordinary guy and not a Pulitzer prize winner I think I have some wisdom to offer beginning bloggers. Read more

Where the candidates differ on foreign policy…. thank heavens….

via Due Diligence: Where the candidates differ on foreign policy РCBS News.

The president wants the military to focus more on nontraditional threats like al Qaeda, and no longer wants the United States to serve as the world’s policeman. He noted on Monday that America spends more on the military than the next ten countries combined – which you only say if you think America is carrying too large a burden.

It can be difficult to tease out differences between the candidates on specific issues. But when it comes to the larger, overarching philosophy, there is a clear difference: Romney wants to spend more money to expand America’s traditional military role in the world, while the president wants to transition to a new era in which America plays a fundamentally different role. And that philosophical chasm is more important than the lack of difference on many individual issues.

I must admit that I didn’t watch the final presidential debate. I was just too burned out on politics at the time and I had to get up early the next day. I knew I wouldn’t sleep well if I watched it since I would be constantly going over it in my mind until the early hours of the morning. In the following days I did read the reports but the one above got my attention!

It seems Mr. Romney wants more of the same for our military complex. At the same time he says we are going bankrupt he wants to add to their budgets even while he is cutting the safety net for our citizens. If you have been visiting this blog if only for a short while you know that I am abhorred at the money we spend on being policemen of the world. To me it is totally absurd to spend more than the rest of the world combined while even talking about cutting for “the least of these”.

I knew Mr. Romney and especially Mr. Ryan wanted to do more of the same but I was very pleasantly surprised to see President Obama openly say he wants to go a different approach. ¬†It took guts to even suggest that in some circles. I couldn’t agree more with his stand to re-configure our military. Mr. Romney wants to give the generals more money than they even ask for. The president wants them to focus on keeping us safe.

For that reason alone he would have my vote even if he didn’t get it for a number of other reasons. ¬†68% of us are war-weary. We want to get out of the policemen of the world mode. It is good to see that at least one of the presidential candidates hear our plea.

Celebrating Two Personal Milestones Today…

I am putting aside my usual Sunday post about things that inspire me in order to tell you about two milestones that are happening today in my life.

The first milestone is that today is my 66th birthday so I have officially survived my first full year of single-payer system health insurance. I have to tell you that it was great.
Although I had no life threatening events ¬†the past year I did have a couple of emergency room visits and several doctors visit. All in all I saved over $4,000 from what it costs me with private insurance the year before. I look forward to many more years of knowing that I will have affordable medical care when I need it. That is of course if the politicians just tweak it as necessary instead of putting me out on my own as some suggest. The picture here is of me being “popped” at the Guadalajara Grill in Mexico on my 49th birthday. That seems like ages ago nowūüėČ

The second milestone is that this is the 1,000th post to RJ’s Corner blog. ¬†I never dreamed I would still be blogging here after so many daily posts. ¬†I thought I would surely run out of things to say by now. ¬†But it turns out that I seem to be just getting started. I am astounded that my readership continues to grow month over month. I am also humbled that so many of you have an interest in reading me on a daily basis.

I try to make this blog a little different from many I come across.¬†Some of my fellow bloggers use their blogs as a journal of their lives. ¬†They tell you about what they do on a daily basis. I just don’t think my daily activities would be of interest to most of you. Much too boring! ¬†Other bloggers pick a niche that they feel comfortable concentrating one. Many of the ones I follow are about one aspect or another of retirement. ¬†I have chosen not to do either of these two options.

Of course we all write from our life experiences. I am certainly no exception to that. ¬†I naturally write on issues that I am passionate about. Altruism is just part of my soul so that has much to do with what I pen. ¬†Some call altruism social justice. I kind of like that phrase. Some, like Mr. Ryan’s hero Ayn Rand, see altruism much differently than I do. Her most famous quote about it is:

“If any civilization is to survive, it is the morality of altruism that men have to reject”. ¬†

His idols’s words is probably one of the reasons that I distrust Paul Ryan. ¬†Who you chose as heroes says a lot about your character and worldview. ¬†Jesus Christ, another of my heroes, says exactly the opposite about altruism. I think I will follow him instead of choosing ¬†anyone remotely like Ayn Rand.

Will Rogers is my literary hero.  I have over the years adopted his writing style and especially his respect for others as my own. So here I am ending my 1,000th post with no end in sight. Thanks to everyone for letting me be part of your daily lives.