Dateline Dayton —What happens in business when the leadership fails?
If it’s a large corporation, the Board of Directors will replace the leader of the company if he/she isn’t performing to expectations. This can happen even if the company is profitable and paying its bills but the board — possibly stockholders —is unhappy with the value of the stock or the direction of the company.
In a small business, the first thing that happens when the owner is not keeping abreast of the market, there will be a shortage of cash. The organization’s credit rating will fall, making it almost impossible to obtain credit from a bank or suppliers.
Now the owner must dig in his heels, cut costs and increase sales. This takes a lot of hard work and decisions not easy to make. The remaining options are bankruptcy or going out of business.
We, the stockholders of America, are facing the same problem; however, ours has two layers. The Board (Congress) is not doing its job and our leader is inept.
What can we do to correct the serious problems we are facing?
First, elect a new board. Anyone presently in Congress who isn’t putting us ahead of his or her personal gain or the party, must go, no matter. It’s time WE are represented by Congress, not donkeys and elephants.
Since we are also responsible for electing the leader, we MUST replace the current office holder with someone who has worked for a living. Someone who knows how to get the job done because he or she has done it. We no longer can afford to provide on-the- job training to someone who does not even want to learn. We need an experienced leader, and I’m not talking about political experience because we are not elephants and donkeys. We need someone with real- world business experience, a leader who will surround himself (herself) with advisers who are not tax cheats, political cronies and the like.
Who is responsible for the downgrade of America? Not the Tea Party. It is the President of the United State, his unqualified advisers, and Congress. Since this is a free country, Mr. Obama can blame whomever he wants; however, he knows who’s responsible, but doesn’t want to admit it’s his buddies.
Who’s going to pay for the downgrade of America – we are – and even more so, our children and grandchildren.
We must begin operating this country within its means or, as I have said before, we will be speaking Chinese. I believe they could have control of our country in my lifetime.
What are you willing to do to protect your investment?
Mr. Hennessey may be contacted at pmhenn@sbcglobal.net
