Sunday, February 19, 2017

The Real Thing.

       There's an article in the National Memo, a decidedly progressive publication, but it has a good point that everyone missed. The point it makes is that Trump isn't/wasn't an experienced executive of a publicly traded company. His experience comes from a privately owned and operated group of companies. In this position he is the sole decider in chief. He buys and sells, pays or doesn't pay based on his decisions alone. He doesn't have to answer to anyone but himself in his dealings.
       There's a big difference in the owner operator of a private business and the CEO  of a publicly held business. In that public business there's a board of directors who are not just advisors, they can veto his decisions, require him to make changes, have meaningful input into the operations as well as how much to pay that CEO.
        The publically held company does offer some degree of solid background for the presidency. But a privately held company doesn't hold nearly as much experience that would be helpful to a president of the United States. That owner is completely in charge and answers to no one. That's not how America works.
       Does anyone believe that the kind of chaos surrounding Trump's White House would happen in a publicly held company without seeing that company and that CEO go down the tubes? No CEO would be allowed to let anything like that happen without losing his or her job. In a privately held company, the CEO (owner) can allow it and nobody can tell him not to.
       Guess what kind of administration Mr. Trump is running? Does anyone think its a good way to run any government, especially America's democratic government? Ya see, the difference is, in a publically held company, it sells stock to pretty much anyone. And because of that the government created the Securities and Exchange Commission in order to protect investors. But in a privately held company there is no SEC. They're pretty much on their own. Just like us Americans. We're sort of on our own out here. We need a real president. A real Congress would help too.

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