Trust

By Kevin

Reading Craig and Russ:

Some top notch economists insist we have a crisis of trust. True enough. Yet it seems to me that the market is trying to fire quite a number of the poor-judging risk-takers in the financial sector -- basically, those that we cannot trust. However, Mr. Obama and Mr. Geithner appear to be doing a damn fine job keeping them there, I think partly because of successful lobbying, but also because they cannot envision the market and political orders that would ensue should AIG, Citi, BoA, and a host of other international conglomerates suddenly disappear.

-- March 9, 2009 12:08 PM |

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ruralcounsel wrote:

Let me offer up the thought that what we really have is a crisis due to a deficit of the trustworthy.

But it is only the sheep and lambs that need to have a shepherd to trust. If we instilled more independence and grit in our populace, the citizenry wouldn't need to trust their leaders. In fact, if we did a better job educating our populace, the citizenry would understand that they should NEVER trust their leaders.

Of course, this is an affront to those leaders, who grew up thinking that they would be treated like celebrities and rock stars, and never have their motives or methods questioned. If only they were more worthy of our trust, and less demanding of it. But worthiness comes from experience, and that hasn't worked in their favor very often. So often they hold the best intentions, based upon mediocre thought processes, and generate horrific results.

It's a shame we can't hold more of our leaders truly accountable for the results, intended and unintended, that they produce. But then we'd have to bring back the guillotine.

-- September 10, 2009 1:22 PM ∞

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