Mensaje de la EditoraC+ (Sé Positivo)
escrito por Rosalinda Delgado
El nuevo año está aquí y Buena Gente cumple 7 años de existencia, comenzamos el 8vo. año con un nuevo mensaje que aunque es corto, significa mucho. C+ (Sé Positivo), en inglés: B+ (Be positive).
¡Si! Este nuevo año no podemos esperar a que la economía mejore. Tenemos que tomar cartas en el asunto para prosperar, mejorar nuestra salud, saldar las deudas, incrementar las ventas en el negocio, mejorar la comunicación con nuestros hijos, encontrar un nuevo empleo. Para lograr tener lo que queremos, tenemos que hacer algo que no hemos hecho.
En primer lugar, si quieres que contemos contigo, tienes que dejarte contar en el Censo 2010. Es imprescindible que se sepa cuantos hispanos vivimos en los EEUU. Si no tienes documentación, el Censo será una fuerte evidencia de su presencia en EEUU en el 2010. La oficina del censo, por mandato de ley, no puede divulgar información sobre ti a ninguna otra agencia, a menos que tú expresamente lo solicites. Esto te da gran ventaja al solicitar la ciudadanía y te pidan evidencia de haber estado en EEUU. En tal caso, podrás decir que fuiste contado en el Censo 2010 y solicitar que la oficina del Censo lo verifique. El censo también nos dará una fuerza mayor como hispanos/latinos en Maryland. Se estima que la presencia hispana en el estado puede llegar a un 15 ó 20% de la población. El gobierno federal tendrá, por consecuencia, que asignar más fondos a los servicios que presta a nuestra comunidad.
En segundo lugar, tenemos que pensar si queremos que nuestra población sea la más pobre o la más rica. Somos definitivamente los más trabajadores y los más consumistas. Ahora bien, ¿seremos los más educados? Nuestros jóvenes están abandonando la escuela para irse a trabajar, y nuestras jovencitas se están embarazando en plena adolescencia. ¡Es una epidemia alarmante! ¿Que indica esto? Que estamos en a riesgo de ser parte de la población más pobre de América. ¡Aun estamos a tiempo de cambiar el futuro de nuestros hijos con las decisiones del presente!
En tercer lugar, ¡Abre la boca! Habla con tu vecino y conócelo (así entenderá mejor nuestra cultura), entérate de lo que está pasando, intégrate a tu comunidad, participa, comienza un equipo deportivo, toma una clase, sal de tu casa y haz ejercicios, habla con otros comerciantes y averigua lo que están haciendo, arriésgate. No le temas al rechazo, sé positivo y piensa que todo saldrá bien, que sobrevivirás para contar tu historia. Ahora, ¡levántate y haz lo que nunca haz hecho, para que logres lo que nunca has tenido!
C+
Rosalinda Delgado
editor@buenagente.us
In the final analysis, your attitude determines your effectiveness in everything, every time! LGL
Saturday, February 20, 2010
Saturday, February 13, 2010
Let them FAIL!
Added regulation causes greater pervesion!
WINSTON-SALEM, N.C., Feb 11 (Reuters) - U.S. banks resentful about Washington interference on pay and other issues need to make clear they won't beg for a bailout when crisis hits, said former BB&T Corp Chief Executive and Chairman John Allison.
While they're at it, banks should consider overhauling their compensation systems anyway because they do not work well in the long term, Allison, 61, said in a wide-ranging interview about the U.S. banking system on Wednesday.
Allowing troubled banks to fail would regulate the market better then the government could, said Allison, who, since quitting as BB&T CEO in 2008 and chairman in 2010, has become a popular figure among critics of the U.S. government's financial industry bailout and the subsequent regulatory debate.
BB&T, the nation's tenth-largest bank, came through the credit crisis in a relatively healthy position vis-a-vis many of its southern regional rivals. Allison led the bank for nearly two decades, from 1989 to 2008, and was the architect of its growth from a small, North Carolina bank.
It took $3.1 billion from the Treasury's Troubled Asset Relief Program (TARP), but was one of the first banks to repay the money and has emerged as a consolidator in the troubled sector, buying the assets of failed Colonial Bank from the Federal Deposit Insurance Corp.
"I have no empathy for" banks that failed in the crisis, said Allison, now a business school professor at Wake Forest University .
Allison's comments come as regulators and the U.S. Congress debate financial industry rules. In recent months, critics have lambasted banks that paid record annual bonuses despite taking billions of dollars in federal bailouts during the crisis, and as broader U.S. unemployment remains near 10 percent.
Allison, who opposes the Obama administration's proposed regulatory reforms, says he has a simple solution.
"If [these banks] had been allowed to fail, these bankers wouldn't be getting paid right now," he said.
Allison's industry view is informed by his personal libertarian philosophy and reflected in his small, spartan office on the third floor of Wake Forest 's sprawling business and law school building.
His most prominent office decoration is a bookcase stacked with the works of Objectivist philosopher and author Ayn Rand, whose novels celebrate individualism and unfettered laissez-faire capitalism.
While Allison's outspoken anti-bailout views have fueled speculation about a career in politics, he poured cold water on that idea, and insisted he's more interested in trying to influence young minds through his current academic post.
Banks brought the government's scrutiny by making poor decisions leading up to the crisis, and giving executives badly structured pay packages, he said. Directors should take the blame for banker pay.
"Boards made significant operational errors," he said.
In the years leading up to the crisis, banks tied employee pay to short-term gains, rather than long-term health and stability of an institution, he said.
Compensation committees, he said, were "simply not comprehensive in their evaluation" of pay guidelines.
The result was bankers acting in their own interests, but not the long-term interest of shareholders and the companies, he said.
FAILING UP
The ever-present prospect of government rescue, he said, caused the biggest banks to act irresponsibly, taking larger risks than they might without implicit help from Uncle Sam.
If any bank becomes "too big to fail," Allison said the government must create a mechanism to break them up.
"I think it creates an oligopoly in the business long-term," by allowing such banks to survive, he said. "They've got a long-term competitive advantage and the market will figure that out."
Allison's solution is simple: Cut out what he views as badly focused regulations.
Instead, he wants to see banks retain more capital to reduce their leverage, and cut 90 percent of the current banking regulations.
"You've have a better capitalized industry which is by definition less risky, and banks can run on their own merits," he said.
In the final analysis, your attitude determines your effectiveness in everything, every time! LGL
WINSTON-SALEM, N.C., Feb 11 (Reuters) - U.S. banks resentful about Washington interference on pay and other issues need to make clear they won't beg for a bailout when crisis hits, said former BB&T Corp Chief Executive and Chairman John Allison.
While they're at it, banks should consider overhauling their compensation systems anyway because they do not work well in the long term, Allison, 61, said in a wide-ranging interview about the U.S. banking system on Wednesday.
Allowing troubled banks to fail would regulate the market better then the government could, said Allison, who, since quitting as BB&T CEO in 2008 and chairman in 2010, has become a popular figure among critics of the U.S. government's financial industry bailout and the subsequent regulatory debate.
BB&T, the nation's tenth-largest bank, came through the credit crisis in a relatively healthy position vis-a-vis many of its southern regional rivals. Allison led the bank for nearly two decades, from 1989 to 2008, and was the architect of its growth from a small, North Carolina bank.
It took $3.1 billion from the Treasury's Troubled Asset Relief Program (TARP), but was one of the first banks to repay the money and has emerged as a consolidator in the troubled sector, buying the assets of failed Colonial Bank from the Federal Deposit Insurance Corp.
"I have no empathy for" banks that failed in the crisis, said Allison, now a business school professor at Wake Forest University .
Allison's comments come as regulators and the U.S. Congress debate financial industry rules. In recent months, critics have lambasted banks that paid record annual bonuses despite taking billions of dollars in federal bailouts during the crisis, and as broader U.S. unemployment remains near 10 percent.
Allison, who opposes the Obama administration's proposed regulatory reforms, says he has a simple solution.
"If [these banks] had been allowed to fail, these bankers wouldn't be getting paid right now," he said.
Allison's industry view is informed by his personal libertarian philosophy and reflected in his small, spartan office on the third floor of Wake Forest 's sprawling business and law school building.
His most prominent office decoration is a bookcase stacked with the works of Objectivist philosopher and author Ayn Rand, whose novels celebrate individualism and unfettered laissez-faire capitalism.
While Allison's outspoken anti-bailout views have fueled speculation about a career in politics, he poured cold water on that idea, and insisted he's more interested in trying to influence young minds through his current academic post.
Banks brought the government's scrutiny by making poor decisions leading up to the crisis, and giving executives badly structured pay packages, he said. Directors should take the blame for banker pay.
"Boards made significant operational errors," he said.
In the years leading up to the crisis, banks tied employee pay to short-term gains, rather than long-term health and stability of an institution, he said.
Compensation committees, he said, were "simply not comprehensive in their evaluation" of pay guidelines.
The result was bankers acting in their own interests, but not the long-term interest of shareholders and the companies, he said.
FAILING UP
The ever-present prospect of government rescue, he said, caused the biggest banks to act irresponsibly, taking larger risks than they might without implicit help from Uncle Sam.
If any bank becomes "too big to fail," Allison said the government must create a mechanism to break them up.
"I think it creates an oligopoly in the business long-term," by allowing such banks to survive, he said. "They've got a long-term competitive advantage and the market will figure that out."
Allison's solution is simple: Cut out what he views as badly focused regulations.
Instead, he wants to see banks retain more capital to reduce their leverage, and cut 90 percent of the current banking regulations.
"You've have a better capitalized industry which is by definition less risky, and banks can run on their own merits," he said.
In the final analysis, your attitude determines your effectiveness in everything, every time! LGL
Monday, January 18, 2010
LET FREEDOM RING!!!!!!!!!
Felicia Lobo and Honorable Eleanor Homes Norton, Member from DC, Congress of the Unites States of America. UPO MLK Memorial 01-18-10
LET FREEDOM RING……
This morning, at the United Planning Organization’s 26th Martin Luther King, Jr. Memorial Breakfast, Felicia and I were seated with a group of community activists and volunteers. There were a lot of comments made, at the table and from the lectern, about the hard gained rights of minorities from the majority in attaining the basic rights of life, freedom and the pursuit of happiness. There were also ample comments about the current economic situation and the desperate predicament of nearly a 20% unemployment or underemployment rate nationwide. I clearly understand that in 2010 all sorts of discrimination occur due to race, gender, creed, and color, economic and political status but to name a few. There was a time, not so many years ago, when many forms of discrimination kept certain individuals from participating in the economic market, beyond possibly menial labor. However, in the free market, individuals today are judged by their productivity and creativity in accomplishing economic progress. Yet the freedom to do so is quickly eroding as the economic motivation of entrepreneurs and other creators of wealth are shackled by destructive regulation, taxation and government intervention.
Equal opportunity to live one’s life as one sees fit, without the oppression of the politically powerful, acting on the perceived behalf of “the people”, is the paradise on earth we call America. While American apartheid was morally wrong and only the central government could pass the laws enforcing equal justice; the rapid destruction of our economic “miracle” is equally heinous. In his speech, “The American Dream”, MLK noted “Now, ever since the founding fathers of our nation dreamed this dream in all its magnificence – to use a big word that psychiatrists use – America has been something of a schizophrenic personality, tragically divided against herself. On the other hand we have proudly professed the great principles of democracy, but on the other hand we have sadly practiced the very opposite of those principles. But now more than ever before, America is challenged to realize its dream, for the shape of the world today does not permit our nation the luxury of an anemic democracy”. Prophetic words for our time, from his time some 45 years ago.
Government should provide for an environment where we can be safeguarded against violence within and outside our borders. We should all be treated equal before the law. We should all be given the opportunity to pursue our dream, without doing harm to others. The moral hazard incurred over the last two years; where mismanaged businesses were not allowed to fail, even as others were driven to fail; where under unspoken threat healthy financial institutions were made to take TARP, and allocate ownership rights to the Treasury; where government intervention in the “too big to fail” concept destroyed the competitive advantage of well run businesses, these are the characteristics not of a democratic society, and barely those of a communistic one: This is the face of fascism.
So today, many Americans want the government to make it all right. This is like asking the surgeon that cut off the wrong arm to treat the other. The “welfare state” has now mostly bankrupted Japan and many European nations. We have true and empirical evidence that socialism, which is a close cousin to the tyranny of fascism, is a flawed concept, because the few cannot produce enough to take care of the masses. There will come a time, unless this tide of oppression is changed, and I mean fast, where economic decay will visit America and our best days will not be ahead. Economic capital will simply move to a freer location in its pursuit of creativity, innovation and productivity. So today, of all days, LET FREEDOM RING and allow men and women of good will to create without oppression. Then this paradise named America will continue to be the greatest leader of freedom ever conceived by the mind of man.
Luis G. Lobo
Frederick, MD
In the final analysis, your attitude determines your effectiveness in everything, every time! LGL
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