Tag Archive for 'Wall Street greed'

Small business owners, it’s time to get mad

It is difficult to comprehend the level of incompetence of our federal government – at both ends of Pennsylvania Avenue, including both parties – regarding the way, over several decades, it contributed to setting the stage for our current economic nightmare. It’s just as difficult to imagine the level of greed of certain people and organizations on Wall Street and in the financial sectors that have contributed to our current financial nightmare.

And it’s difficult to see how companies like GM, Ford and Chrysler couldn’t affect necessary changes that would allow them to avoid the structural nightmare they’ve created for themselves and their stakeholders which, frankly, we now know includes every American.

Here on Main Street, we’re inheriting the whirlwind that has been created by this incompetence, greed and denial. And yes, to some extent, we have a level of responsibility to accept ourselves. But be that as it may, I think it’s time for Main Street – small business owners in particular – to take back our marketplace and our economy from people who have had the power, but not the judgment or values, to be so influential in our lives. And I think it’s time for small business owners to get mad.

Yes, anger is not usually a productive emotion, but in this case I think anger is appropriate and actually can be beneficial. Anger can help us never forget what this completely avoidable financial meltdown is going to cost us. And since I’m convinced that small businesses will lead the U.S., and, therefore, the world out of this recession, a little anger can help small business owners resolve to fight a little harder to survive, continue to add value to every transaction and take our leadership role in the marketplace more seriously in the future.

Recently on my small business radio program, The Small Business Advocate Show, I vented my feelings about this anger idea. It made me feel better and it might do the same for you if you listen to what I said. And be sure to let me know if you agree or not in the comments section.

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