Thursday, October 6, 2011

Inside Job - See it!

The problem of power is how to achieve its responsible use rather than its irresponsible and indulgent use - of how to get men of power to live for the pubic rather than off the public.
-Robert F. Kennedy (1925-1968), 'I remember, I Believe, 'the Pursuit of Justice, 1964

From hard worker to welfare in 'tent city' due to AAA rated banks
 Here is the plot summary of the movie Inside Job as supplied by IMBD:

Inside Job' provides a comprehensive analysis of the global financial crisis of 2008, which at a cost over $20 trillion, caused millions of people to lose their jobs and homes in the worst recession since the Great Depression, and nearly resulted in a global financial collapse.

Through exhaustive research and extensive interviews with key financial insiders, politicians, journalists, and academics, the film traces the rise of a rogue industry which has corrupted politics, regulation, and academia. It was made on location in the United States, Iceland, England, France, Singapore, and China. Written by Anonymous

(For examples of how NZ's Tax system doesn't work efficiently or fairly, sign up for Gareth Morgan's Newsletter and receive a chapter of his new book called The Big Kahuna- Tax and Welfare, and read it- Seriously!)
This is a scary movie, not because of the blood an guts or horrific fictional characters committing heinous crime while helpless victims scream themselves silent, no, this is all very real.

What makes this story/Documentary scary is that it is based on how far greed goes at the cost of you and I, how far power goes without accountability, and how far banks and more particularly, some individuals will go to grab as much 'stuff' as possible whatever it costs or how many untruths are told or distorted.

Do I sound like I am fired up? Yes indeed!

I have cancelled my subscription to a Harvard University publication and am reviewing other commitments that involve those institutions or organizations involved in this on-going crime against the people of the world. Ironically, it is the western world who is suffering because so many of our lives and systems are not built on values, or at least ethical values that out human, animal or earth welfare ahead of individual interest and benefit.

You must see this movie!

How can I include this rant on enjoy management? Because I guess I thought, If you are the only one enjoying your management or leading, then it is hollow, like the company's and subprime loans and University Professors of Economics advising US Fiscal Policy.

To really enjoy management at any level, our legacy must be beneficial to real people, not systems or 'on-paper' results. This way you will get to enjoy your past into the future remembered and referred to in a positive and respectful light.

I write also because I am concerned some of our National Government's policies are going the same way, deregulate everything. Those who would keep others accountable come from the very places that are expected to be kept accountable. The greater the risk our country is exposed to from the volatility of off shore economics and (I know this is our global reality but it is the extent of this I am pointing to) worse, off shore ownership, or to be absolutely precise, off shore banks and those few who own them.

Accountability ultimately rests with the people, if we don't like it, it is our role to act with our feet, voting, banking, spending, saving, choices of investment, whose products or services to buy and so on.

I am not anti-National party, I am supportive of those aspects of their policy's that involve and benefit the majority of people as opposed to an ever growing smaller minority of elites. Working with small businesses and students in poor schools from the lower socio-economic areas, it is easy to see that if one person or family is not achieving success (and no, changing the curriculum is more like shifting the deck chairs on the Titanic than enabling young people) then we all suffer in one way or another.

The same people we marginaise also share the roads, streets, hospitals, car parks, etc of our cities, and tax system.

I also happen to believe John Key has helped market and to represent New Zealand as a modern nation who does it's best to play a positive and significant role in the world far above it's numerical capacity. I like also his approachability and 'Kiwi-ness' and have commented on this in previous blogs. so...

You must see this movie!

An article in our local 'rag' discussed the need for another vision for this city, country (and the world) focused on a sustainable future for all and that the sooner we made this a focus, the sooner we will reap the benefits or to be frank, our children will and their children. We seem to be focused on short short term solutions, knee jerk short to medium fixes that fail (and have always failed) to acknowledge the inter-dependencies of all things. Address individual self worth, purpose, security, and one's basic needs and a country benefits in every way.

If you can, enjoy management through creating organizations that add value to everyone involved, clients, employees, Board, cleaners, suppliers, community and the world, you will become a real leader.

Examples with links as above:,,

Take care
Try your own rant, but do see the film!

Leadership and Management Coach
Supporting Maori Business

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I really appreciate your comments, I believe feedback is the breakfast of champions! Warm regards, Richard