GO WEST!: Give Me Truth

Go West! with Christine West

“Risk! Risk anything! Care no more for the opinions of others, for those voices. Do the hardest thing on earth for you. Act for yourself. Face the truth.” Katherine Mansfield

Most of us want an enriched life that creates wealth, maintains health and brings us peace. We are searching for truth, righteousness and the magnificence this world has to offer. Yet we participate in activities that create the very opposite. We have the ability to access life at its very peak and yet we don’t. Why - because we resist life. Our greatest fear is to live at peak performance in our work, our relationships, and in our playtime. We allow ourselves to become indoctrinated into the ideology of fear, doubts, unworthiness, limitations and excuses.

The human mind is very similar to a personal computer. At the subliminal level of our mind are our behavioral programs, strategies, emotions, memories, beliefs and values. All processes working together at the subliminal level produces our behavior, our feelings, and our judgments into our conscious reality.

The very people we trust and love over the years of our lives have cultivated us with their good opinions. These opinions are seeds that grow inside of us. These seeds form what we believe about ourselves – our abilities, our biases, our direction, and our success and failure rate. It also teaches us what we are attracted or not attracted to.

The people we trust and love provide their opinions because they believe they are serving us a greater good. They may be or maybe not. Yet if our inside code is programmed to be inauthentic and to stop short of goals and dreams we are not living our truth.

Our belief system is part of our structural foundation and it takes courage to reflect upon the beliefs that are no longer serving our goals and our dreams. It takes even more courage to take action transform the belief.

Once a practice of truth becomes habit, a whole new reality follows. There is nothing to fear when we live in truth. Truth will set you free. In truth we are free from the limitations of others. We are free to build our life as we choose. We are free to live our dreams and to continue to expand.

To maintain our truth, we need to keep ourselves focused and free of debris. Just like personal computers that risk a computer virus and need to be scanned daily for infections, we do also. We need to maintain the integrity of our system and to sustain behavioral truth. You can attain the life of your dreams by living out your truth.

Genuinely,

Christine

Author: Christine M. West, TheBusinessMD, 2240 E. Tudor Rd. #976, Anchorage, Alaska, USA 99507. Phone 1-907-223-8403. Email: info@thebusinessmd.net, http://www.businessmd.net/ http://thebusinessmd.blogspot.com/ Christine West is an industrial organizational psychology practitioner and is in private practice as TheBusinessMD which helps organizations and individuals overcome fear and explore the power of change. Ms. West is also a Featured Columnist for the National Networker http://www.thenationalnetworker.com/


For more information, please visit Christine's TNNW Bio.

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GO WEST!: Give Me Truth

BLUE THING #10: BACKTALK: Comments From Our Readers

by Peter Biadasz, BACKTALK^TM Producer

Just For Our Readers: At the bottom of every TNNW Newsletter and BLUE TUESDAY Report article, we feature a COMMENT/ RATE/ SHARE THIS ARTICLE button. Click on it! It opens up to a pop-up screen with a whole menu of options We want your opinion on every article and author. Push our buttons. Spark us. Inspire us. Interact with us. We love hearing from you!

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Here are some of your comments on our most recent TNNW and Blue Tuesday articles, updates, surveys and special features:

ADAM J. KOVITZ: A Note From the Chairman
Can Games Change the World?

“YES, YES, a thousand times YES: games can change the world---for better or for worse. I advocate for the former, naturally. Thanks for a great article.”
Sandy McKee




TERI AULPH: Beyond the Cubicle - Corporate Culture
Dear Boss...

“Well written to make a dramatic impact on what employees value. We can talk all day long about what we think they want...but at the end of the day, they want to be recognized and valued. Very well done! I am using this with my executive team today.”
Jonas Fuller




RICK ITZKOWICH: Being There When It Counts
The Opportunity for Change

“… I would like to point out that one reason the economy and the "gestalt" are so unsettled right now is we are still trying to solve new problems with old mindsets.

Take marketing. Everyone is always trying to sell me stuff I don't want for money I don't have-- and almost NEVER looking to be of service. (Rick excepted.) I am so sick of "marketing" I want to live in a cave. The TV is a lie machine. "Happy cows live in California". "Health care reform is socialism."
Similar lies.

Yes, we need to change. Now how?”
Carroll


“Rick, good article and pretty accurate. I think some people might prefer a "bad" situation rather than an "unknown" situation, so they fight any kind of change or reinvention. I think that's why some bad marriages/relationships continue. Kudos to you and your company for recognizing this and taking steps to change. Hope (and expect) you'll be successful! Take care,”
Barry Slotten
Commercial Realty Advisers


“I totally agree. In the field of healthcare, our attachment to the status quo is literally killing us. The only way we can survive individually and collectively is to be (very) open to change - in our diets, our movement patterns and our reliance (or not) on medications. “
Madsisson


“Great article, Rick. Change is happening at the speed of light. Imagine what I'm dealing with as a web designer! Not only is the technology changing on a daily basis, but the economy has thrown a monkey wrench into the works. Not an easy environment for running a business, especially for a baby boomer. We either go with the flow, or wither on the vine.”
Beth Sobiloff
BNI Assistant Director, SE Mass


“Rick -- Right on!

There is a tendency, bordering on a genetic disposition, to maintain 'status quo'.

Problem is, as you've pointed out, change is so such a constant that if there is a 'status quo', it doesn't last very long.

"Change or Die". A bit blunt but honest comment. Thank you for bringing this up and sharing it here.”
Bill Doerr, CCO
SellMore Marketing

“Thank you for sending me the article and I could not agree more. Change is a constant we either have to be flexible, open minded, adapt, evolve or die. It is like Darwin and the Origin of the Species. “
Patricia Stanley Martinez


“Thank you for sharing Rick

nice insight and very appropriate for the times we are living, no matter our area of expertise!

I have some quotes about change that i want to share with you:

Nothing endures but change.
Heraclitus

We must always change, renew, and rejuvenate ourselves; otherwise we harden.
Johann Wolfgang von Goethe

Heraclitus
Nothing endures but change.


Have a nice and happy day!

Kind Regards”
Adelino Sousa

“Rick thanks for the opportunity to read and respond to your article. I recently saw something that I latched onto. A business coach had it on his website: "Life is change, growth is optional". I wish I could remember the name of the person where I saw it.

I'm in the marketing and business development area of the company I work for. I travel to 15 to 18 conferences and conventions per year. About a six months ago it dawned on me I was being very ineffective with my time But, how do I still maintain a presence if I'm not traveling or put another way, how do I travel and increase my presence.

After considering my options I decided to get into social media. Except I knew nothing about it.So at the young age of 61 I dove in and I'm learning. I have a long way to go, but along the way I mentally took "The Box" that I had used as a frame of reference for everything I do, took it out to the back yard, and imagined blowing it up! No more in the box thinking! No more it has to be the way I think it ought to be!

The trip is unsettling. Trying to get others to buy into the idea is even more unsettling. But in truth, life is change and growth is optional. And many times we don't want to change because we fail to see that on the other side of that change there is real growth. A friend gave me a "saying" that his father used to repeat. Perhaps it's appropriate for this:

The Set Of The Soul

One Ship Sails East
While Another Sails West
On The Self Same Breezes Blow.
It’s The Set Of The Sail
And Not The Gale
That Bids Them Where To Go.
Like The Voyage Of Ships
Is The Journey Of Life
As We Journey Here Below.
It’s The Set Of The Soul
That Determines Our Goal
And Not The Storms Or The Strife

Life will send us trials of the kind we have seen over the last 24 to 30 months in this country. But, I believe that If we set ourselves to grown and to embrace change we can come out on the other side stronger, healthier, better.

Have a great day. Thanks for the article, it was great.”
Rhae Swisher




DR. IVAN MISNER: Network Like a Pro
Referral Marketing: Top Ten Ways Others Can Promote You

“Good article. It's always good to have who or the type of business you're looking for introductions to in mind anytime you're out networking and that could be your answer.”
Melissa Conkling



BRENDA KRUEGER HUFFMAN: The Point
Remember Bush 41’s “Read my lips, no new taxes” fate? Does President Obama?

“Brenda,

I agree with you completely. The amount of waste is enormous. The only thing that MORE will do is the exact same thing that LESS is doing except MORE of it. So when you waste the money you have, getting more money means MORE waste. If on the other hand you save your money, getting more would mean more savings.

There is an organization called CAGW - Citizens Against Government Waste that does a very good job in exposing all the pork and fighting it. I wish there would be more organizations such as that one instead of so many special interests ones. “
Rick Itzkowich




ANDY LOPATA: Connecting is Not Enough
Ten Tips to get your referral message across (Part Two)

"Andy,

As always, you give some very concrete practical pieces of advise that are easy to implement. Thank you.”
Rick Itzkowich


“Along my travels I stumbled on the point that there are two parts to "customer service", the customer and the service. Simple but profound. We're all customers, so it's not a leap to step out of your role and relate to your own, customers. Do it then ask: are you interesting or helpful enough to talk about?

Bill brings up a timely point. Word of mouth marketing is not new and will always be something to "hope for". The difference now is it seems to be the only? effective way to rise above the shouting competitors. To be effective however it requires a strategy and systematic process.

@Rick You mention a very fundamental point. People prefer to do business with others they like and trust. Without that folks might be talking to you, but they're not talking about you. “
Nothrock


“Andy,

Great insights. Thank you.

I especially appreciate your comment in #10 about 'managing the experience' people have of you.

That's so important and so often ignored.

In social psychology there's a concept known as 'Impression Management'. That's where "What you DO speaks so loudly I can't hear what you SAY".

Once again, you've shared some real gems.

Thank you!"
Bill Doerr




BILL DOERR: Sales and Marketing
The Marketing Shift

Bill,

“What resonated most with me is Part1 - Know/Like/Trust. The Referral Institute has the VCP model which stands for Visibility-Credibility-Profitability. Simply stated, people need to know who you are, they need to trust you and only then will they either do business directly from you or refer you business.

Too many people want to go from Visibility to Profitability without passing through Credibility.

Thank you for reinforcing this very powerful concept.”
Rick Itzkowich
Creator of QuoteActions



DICK BROWN: Venture Finance - Reality Versus Rumor
Angel Investors - What They Are, Part I

“Mr. Brown, You mentioned that "Most [wealthy individuals] expect a handsome ROI over a relatively short period of time." What period of time is that? Thank you. “
Beth Barany


Beth,

Relative to your question about the ROI wealthy "angels" would like to realize. The "magic number" so often quoted is "5-10 times the original investment in 3-5 years".

People always think this is outrageously high since no one ever includes "for their real winners." Angels and VC's take high risks and hope that for each 10 investments they'll have 1 or 2 that will perform to this level to cover all companies that never go anywhere and their losers. On average, Angels and VC's see 8% to 30% PA returns depending on a host of variables.

Thanks for your question.

Best!
Dick Brown, President


_______________________________________________________________
Peter Biadasz, author of such book as Write Your First Book, More Leads and Increase Your Sales And Lower Your Golf Score, is President of Total Publishing And Media. To discuss with Peter publishing or marketing your book feel free to contact him at http://www.blogger.com/peter@totalpublishingandmedia.com

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BLUE THING #10: BACKTALK: Comments From Our Readers

Update Bulletin - New Developments - The National Networker Companies - March, 2010, Week 2

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Update Bulletin - New Developments - The National Networker Companies - 03.14.2010

Dear Friends:

Greetings, everyone.

~ YOSSI FEIGENSON, Featured TNNW Columnist, [Real Estate and Other Things of Value], will be a guest on a radio program. Please Take Note:

YOSSI FEIGENSON on Real Talk Radio - Monday (Tomorrow!), March 15th, at 11:30 am (Eastern)

Tune In! http://www.onecaribbeanradio.com/   and on  HD radio: FM dial, 97.9fm HD2.

On Monday, March 15, 2010, at 11:30 AM, Yossi Feigenson will appear as a guest on  the daily radio show,  "Real Talk" which  can be heard on the web at http://www.onecaribbeanradio.com/   and on  HD radio: FM dial, 97.9fm HD2..

Yossi is well-known for his intensity, candor and incredible wit -- Douglas Castle, Adam J. Kovitz and the rest of the Team at The National Networker Companies find Yossi to be offensive, controversial.......and usually, right on target.
 

Yossi is Managing Partner at ORB Real Estate Professionals, a commercial Real Estate company in Manhattan.  Yossi is a featured columnist at http://thenationalnetworker.com , he writes extensively on topics relating to real estate and to business in general.  He is widely considered a thought leader on the key issues of the economy and an astute observer of the human condition and how it relates to the business world.

You can reach Yossi at yossif@orbny.com his website is http://www.orbny.com .

Tune in to what is certain to be an engaging, hard hitting, stimulating and informative discussion  about the current economic situation.   

The show is hosted by Berel Lerman and Mr. H Diggy and airs daily from 10:30 AM - 1 PM 

Be sure to tune into "Real Talk" between 10:30am-12:30pm, Monday-Thursday on our new FM dial, 97.9fm HD2.

Call in to the show at 877-623-0740 or send in your thoughts live via email :  berellerman@gmail.com 

~ NEW SURVEY - Read about it below:

TNNW Survey #6: Take Your Own Personal "Human Asset Value" Inventory.

Do it now! Take TNNW Survey #6 - Click below:

http://www.surveymonkey.com/s/TNNWsurvey6

You bring your automobile in for an inspection to determine if it needs repairs. You check your investment portfolio to see how well your assets are performing. You review your bank statement to be certain that you can cover your bills. You appraise your property. You prepare balance sheets for your businesses. Comment: It might be a good idea to take a Personal Asset Value Inventory -- a self-appraisal -- from time to time. Start today. Invest a bit of time in taking an honest look at yourself...strong points, weak points, all points. What you reveal to yourself in this exercise might help you to make some refinements, and to better plan for a happier, more fulfilling and prosperous future.

We have not assigned "weights" or "priorities" to any factors, and there is no grading. Once the results are in, we will conduct another survey to assign weights to the various factors, so that you will have a means of rating yourself in comparison to others. But for the moment, your answers to the survey will just provide you with some food for thought...and thinking is good exercise; the more you use your mind, the stronger it becomes.


You'll be glad that you made this self-investment. And we at THE NATIONAL NETWORKER COMPANIES thank you for your participation. Now let's get on with the collaborative process of helping each other to be more successful.


Faithfully,


Douglas Castle
THE NATIONAL NETWORKER COMPANIES
####

The above Survey closes on April 15th, 2010, at midnight, Eastern Time. It might just be the most important bit of self-analysis you've done since you were a youngster. Know thyself!

Do it now! Take TNNW Survey #6 - Click below:
http://www.surveymonkey.com/s/TNNWsurvey6


With the Best of Things to Come,

Adam J. Kovitz and Douglas Castle

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Update Bulletin - New Developments - The National Networker Companies - March, 2010, Week 2

BLUE THING #9: This Week's Top Buzzed Items and Terms

New! We've added a new feature at the bottom of this blue quadrilateral of vast wisdom -- it is a Word Cloud (produced for us by TNNW Blogworks using an algorithm developed by Tag Crowd) of this morning's most frequently occurring terms in Google Search Results. Have a go at it! The larger and bolder the word displayed, the more frequently it came back as a part of search results. Science meets art. How appealing!

To get this week's top buzzed items, just Click on:
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Pick on: http://TheNationalNewspickerPage.blogspot.com - Get all the news, info and intel that you need in order to be far ahead of the curve. We are green, environmentally-compliant, eco-friendly, bio-degradable, and emit no CO2 or other greenhouse gases. We do not emit dangerous radiation, gamma waves, tidal waves or other similar things which could potentially cause disease or fatality (even dealth!) amongst our readers, or which could destroy our planet. We don't permit our employees to even walk on other people's lawns. Our company automobiles are run on electricity or ethanol, as do some of our senior staff members. We love the Earth. Choose the Picker --Save the Planet!

Now featuring the Rede Report Blog from the NEW YORK TIMES.

Newly improved, enriched and more easily-navigable format. Try it. Please. You'll like it. 2/23/2010.




Did you know that several hundred people (we use the term "people" loosely) have already picked THE NATIONAL NEWSPICKER gadget to adorn their websites, blog pages and newsletters? Our goal: 100,000 viewings per day. Join us, please. Choose your news! THE WORLD IS GOING GREEN.

*Better grab this gadget soon for mounting on your blog, website, newsletter, homepage, social media profile, twitterfeed, refrigerator, cinderblock and your bathroom mirror (use duct tape, as it withstands the humidity). Why? You need news. We have it all. And...after some date (as yet unannounced), you will no longer be able to grab this gadget; you'll have to go directly to the page. It's not funny. Do it. Don't just blow us off as idiosyncratic, uncultivated clowns - this PICKER is POWERFUL.

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THE NATIONAL NEWSPICKER PAGE - The wearin' o' the green. 'taint just blarney, Old Son. Sing along if you know the song..."everybody's doin' it, doin' it, doin' it..."


Here's our Tag Cloud for today based upon the most frequently occuring words in Google Search Results. We limited our cloud to only the top 50 words.

analysis autos basketball biology business canada cheats cnet com company computers copyright entertainment errors expert flights food football games google health hints inc investing jobs lodging medicine movies news online outdoors people pets psychology recreation regional rights school search shopping soccer sports technology topic toys travel uk video weather web

Custom created by TNNW Blogworks using an algorithm developed by TagCrowd.com

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BLUE THING #9: This Week's Top Buzzed Items and Terms

BLUE THING #8: Great Websites and Blogs to Explore

HAVE A LOOK AT THESE INTERESTING WEBSITES AND BLOGS!

BUT FIRST, our most popular and best-known services are up and live. Yes...they're alive! BUZZWORKS! Visit at http://tnnwc-tnnwbuzzworks.blogspot.com/ . BLOGWORKS! Visit at http://tnnwc-tnnwblogworks.blogspot.com/

http://dustincurtis.com/sleep.html
http://www.thebigmoney.com/features/todays-business-press/2010/03/12/skyrocketing-seed-prices-spur-antitrust-concerns
http://www.lifehack.org/articles/lifehack/kitchen-hack-one-minute-ciabatta-bread.html
http://www.officegamespot.com/officegames/appleshooter.htm
http://whatsthebestthatcanhappen.blogspot.com/
http://funzu.com/index.php/crazy-pics/people-avatars-03022010.html
http://www.findsounds.com/types.html
http://www.arborsmith.com/
http://home.bitworks.co.nz/trivia/human.htm
http://www.drugwatch.com
http://TheInternationalistPage.blogspot.com
http://Braintenance.blogspot.com/
http://TheGlobalFuturist.blogspot.com

NOTE: Sites are selected based upon merit by an unbiased* panel of judges. Regrettably, we cannot accept payment for the placement of your site here. Darn.

*At least in their own opinion.

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BLUE THING #8: Great Websites and Blogs to Explore

BLUE THING #7: Most Memorable Quote of the Week

Brought to you by The National Networker and QuoteActions.


"In these days, a man who says a thing cannot be done is quite apt to be interrupted by some idiot doing it."

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Rate This Quote! Click on http://bit.ly/commentTNNW , write QuoteActions in the subject line, and give this quote a rating between 0 and 5; Zero is horrible, and Five is wonderful, insightful and worth forwarding to colleagues. If you'd like to either praise Rick Itzkowich or publicly humiliate him, we'll print your comments either way. Try to use superlatives and to avoid expletives.

By the way...if you don't already use QuoteActions for keeping in touch with your clients, friends, colleagues and prospects, you should start. Information follows!

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BLUE THING #7: Most Memorable Quote of the Week

BLUE THING #6: Featured Deal of the Week

Featured Deal of the Week is brought to you by The National Networker, CEO Space Northeast and Rob Adams (pictured below).

TO ALL OF OUR TNNW READERS:

Would You Like To Have Your Company Featured Here?

Whether or not you belong to CEO Space (which you should), you are invited to tell us about your Greatest Deal for our consideration. If it's truly great, we'll write it up! Your victory will be seen by and shared with thousands and thousands of readers and prospective customers and clients. Simply write to info@TheNationalNetworker.blogspot.com

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Big Win for Jerry Muscadine and Orlando First Class

Orlando First Class is the Official March 2010 Forum Transportation Service from the McCarran International Airport and your destination, Loews - Lake Las Vegas. Round trip cost is up to 65% cheaper than using a cab and you receive quality limo service. If you plan to attend the March forum you can book your reservation using the following link.
http://www.orlandofirstclasstransportation.com/content/ceo-space-0310-forum
Jerry Muscadine, jerrymuscadin@orlandofirstclasstransportation.com

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Jerry Hickman WINS with his 911 Locator System

• This past week Jerry signed a contract on the purchase of a new building (nearly 10,000 sq ft) that will serve as their National Headquarters
• Jerry was interviewed by JEMS Magazine (Journal of Emergency Medical Services based in San Diego, CA ) for a feature article
• Scheduled interview with AstraZeneca next week for a feature article
• Brought on 3 new dealers
• Have one NJ township that is investigating the feasibility of making the 911 Locator System mandatory in their town.
• Obtained one new investor,
• Met with new National Spokesperson. The contracts will be coming shortly for signature
• Completed a trade show in New Jersey and received exceptional responses

Jerry continues moving forward toward nationwide launch. Jerry Hickman jhickman@2help911.com http://www.911locatorsystems.com

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David Michael Malinski WINS with new New Web-Blog
David now has his web-blog running and newsletter #1 is ready to roll out.
www.rsreal.com is the site to sign up for the newsletter.
David is also celebrating 5 new network contacts that have great potential. David Michael Malinski 250-897-5437 murdock@axion.net www.twitter.com/malinski

_____________________________________________________________________

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BLUE THING #6: Featured Deal of the Week

BLUE THING #5: Featured Company of the Week

Featured Deal of the Week is brought to you by The National Networker, CEO Space Northeast and Rob Adams (pictured below).

TO ALL OF OUR TNNW READERS:

Would You Like To Have Your Company Featured Here?

Whether or not you belong to CEO Space (which you should), you are invited to tell us about your Greatest Deal for our consideration. If it's truly great, we'll write it up! Your victory will be seen by and shared with thousands and thousands of readers and prospective customers and clients. Simply write to info@TheNationalNetworker.blogspot.com

__________________________________________________________

A WIN For Everyone with n2Millennials and Scott Degraffenreid

n2millennials are giving out full size, free eBook versions of Scott Degraffenreid’s book “Understanding the Millennial Mind: A Menace or Amazing?” Launching this week through their new portal Big Business Zoo. Scott’s book is a great resource for parents, teachers, companies who work with Millennials and companies who want to market to Millennials.

The Millennial Generation is sometimes called Gen Y and spans the years 1982 to 2001, they have distinct behavior patterns, attitudes and values that older generations often misunderstand.

Copies of the eBook can be downloaded at http://bigbusinesszoo.com/millennials.php

Videos, articles and more material specific to Millennials is available on http://N2Millennials.com.

In addition, Scott’s new site “We Did the Math” http://wedidthemath.com showcases his other specialties – Creating a Culture of Acknowledgment and Referral Marketing, which were also developed using Social Network Analysis and Root Cause Analysis for major corporations.

Getting this material out to the Millennial Generation and those who connect with them has the capability of creating bridges of understanding in families and the workplace.

No sign up is necessary to get the free eBook – They want this information to go global – for this generation and for our collective future. Kathryn Booth 360-543-7900 kb@bigbusinesszoo.com http://n2millennials.com

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An Olympic Size WIN for Stephanie Kozowyk

Stephanie Kozowyk has a big win for ZSwimwear. She just got TWO-not one-TWO confirmed Olympians (both medalists) to be on her swimwear business TEAM! She is so exciting bringing the elite into her business! Stephanie Kozowyk stephanie@zswimwear.com http://www.zswimwear.com

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Eric Taschereau WINS with mobile Website

Eric Taschereau helps business owners understand the younger generations that hold majority in the mobile market and help them reach their target demographic more effectively.

His pet-project has been creating some big responses. He has stepped it up and it is now becoming a priority of his. He has continued to develop it and has added content as the interest in it has continued to grow.

It is a mobile website, though if you do not have a smart-phone it can be viewed in your PC browser if you are only interested in the content, as the formatting will be lost if viewed on a PC.

Eric Taschereau 708-374-8360 tasche@mech-dev.com http://www.facebook.com/l/8acbc;mobile.mech-dev.com

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Jana & Kevin Sullivan show big WIN with a Health Care invention with Light Therapy

Jana Sullivan has developed an FDA approved light therapy for skin rejuvenation anti aging and would healing. They see it as a solution to the health care crisis. Their LED device will decrease pain without needles or drugs.

Jana & Kevin Sullivan janasully@yahoo.com www.Lightfortherapy.com

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BLUE THING #5: Featured Company of the Week

BLUE THING #4: This Week's Top News Stories

You must get this gadget. It is your destiny, Neo...

THE NATIONAL NEWSPICKER: 20 Minutes each day, and you can be the smartest person in any meeting (or at least you can look like it). THE NATIONAL NEWSPICKER -- What's In Your Hanky?http://thenationalnewspickerpage.blogspot.com/ . Subscription is free. Take one (or several) home to your website, blog, newsletter, social media groups and to Cousin Frankie's.

BABY BOOMER ALERT! This shade of green is giving me a flashback to the 1960s...you too?


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Environmental Impact Statement Report: The National Networker Companies are all environmentally-compliant, eco-friendly and produce no emission of CO2 or other greenhouse gasses. We do not even permit our employees to pass wind while on company time.
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You're at a stoplight in the crossroads of your life...now's the time to pick! Carpe Nostrilus!


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THE NATIONAL NEWSPICKER: 20 Minutes, and you can be the smartest person in any meeting (or at least you can look like it). THE NATIONAL NEWSPICKER -- What's In Your Hanky? http://thenationalnewspickerpage.blogspot.com/

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BLUE THING #4: This Week's Top News Stories

RISK AND REALITY: Part 5: Updating our Prediction, one year later; After the fall of LEHMAN BROTHERS.

Risk and Reality with Dr. Franco Oboni
http://www.riskope.com/

After the fall of LEHMAN BROTHERS.


Douglas Castle's Note: Dr. Franco Oboni, and his son, Cesar Oboni, are world-acclaimed risk evaluation and assessment consultants. The scope of their work is international, and involves analyses of virtually every possible avenue of business risk...from geological and political events, to commodity supplies and prices, to changing technology. Notably, one of their first functions should be obvious, but is not: Identify the areas of possible risk which need to be addressed.

As the Author of The Global Futurist, The Internationalist Page, GICBC and Braintenance Blogs, an ardent fan of Dr. Oboni's, and as the frequent editor of his articles, I believe that every business decision should be based upon its promise of possible profit (alliteration there, Beth Barany!) -- but I understand that risks need to be identified, and that pre-emptive contingency planning or risk mitigation, as appropriate, are a crucial component of good business decision making. When large institutions with substantial credit lines (or investor capital) "roll the dice" based upon an unexamined but seemingly promising idea [remember "derivatives], catastrophic failure, as in the case of the late, great Lehman Brothers, is inevitable.

When these failures are concealed, and when further gambling is undertaken to "win back" the lost stake, the problem is deferred, but compounded....and with tremendous interest. When we either neglect to examine the reason for these failures, or we seek means of subsidizing the very systems and controls, the status quo that made them occur, we encourage more of the same, exponentialize their "contagion" factor, and wind up in a state of utter economic chaos. Some interesting and recent revelations about the concealment of Lehman Brothers failure to address serious errors of judgment or to take immediate corrective action follow Dr. Oboni's article.

-- Douglas Castle, Strategic Planner and Organizational Engineer. ####

Do we change our prediction?

First of all, let's make it clear that we will not delve into endless theoretical or rhetorical discussions bearing on “is this recession now finished?" - or- "Are we going to have a 'double dip'?" - or - "Are we still in the same recession”? [by "double dip," we mean the backlash of inflation and interest rates due o the government's taking of certain actions (actually, reactions) to the crisis which first came to light upon the announcement of the collapse of Lehman Brothers.]

These would be, in our minds, futile and academic discussions, based upon semantics. We are interested in knowing when we will be out of it and care very little to know if there will be another up and down, or more in the way.

Furthermore, remember that our prediction is not a financial prediction, but a more general one, as explained in the prior Parts in this Series, and the parameters that we are looking at do not have the same volatility than indexes like the Dow-Jones. The DJ may go up and down 10% per day, but unemployment and consumers' well-being take longer to change and are of much greater significance in both the short and longer-run....

It is quite obvious that the data we are analyzing these days do not lead us, for the moment, to change our prediction of calamity. If anything, some of these short-term volatile stistics actually point out to a possibly longer and more painful solution to the situation than we had originally forecast.

-- Dr. Franco Oboni
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Douglas Castle's Note: Some interesting revelations about the fall of the "Too Big To Fail" House of Lehman follow, courtesy of Yahoo News! and The New York Times. Please read the green print carefully (it's difficult to see), and note the trend.

Report Shows How, Collapsing, Lehman Hid Woes

It is the Wall Street equivalent of a coroner's report -- a 2,200-page document that lays out, in new and startling detail, how Lehman Brothers used accounting sleight of hand to conceal the bad investments that led to its undoing... (Click to read this story).

Publish Post

For more information, please visit Franco's TNNW Bio.



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RISK AND REALITY: Part 5: Updating our Prediction, one year later; After the fall of LEHMAN BROTHERS.