Sunday, November 16, 2008

Sometimes You Just Have to Start Over

As a company grows bigger and bigger it can loose sight of its objective, to make a profit. This can happen when the many and large departments of the company become more concerned with their own predominance rather than the company’s. This is called mismanagement. When a company is mismanaged and spends more money than it makes it borrows money. If it continues to out spend its revenues it will go into receivership and better (hopefully) management restructures the company. The first thing to happen in restructuring a company, is to stop all the un-necessary (fat) expenditures. Then a determination is made if the company is viable. If determined to be so, new operating procedures and checks and balances are put into place to assure fiscal responsibility.

This procedure needs to be applied to governments that have lost sight of their purpose and begin to over feed them selves. Their purpose becomes self perpetuating and instead of serving the people it only feeds on them. At a certain point it becomes a beast with an insatiable appetite that the people can’t afford to feed. A restructuring is in order. It is too bad that there is no entity to order such a restructuring. The only ones to take action are the people. This is called a revolution.

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