Living on Credit: A Natural Phenomenon
Is "living within your means" really possible in the modern world? And does that mean you pay only with cash and avoid using credit? Good-b's CEO Monika Mitchell says living on credit is as natural as farming to humankind. And she goes back in history 4,000 years to prove it!
Friday, August 26, 2011(1 comments)
Martha's Vineyard & Obama: Possible Dreams
It has been three years since we banked on Barack Obama's message of Hope. Since then the economy has continued to decline, unemployment is still high, the markets are in turmoil, and the state of credit and capital remains anemic. Good-b CEO Monika Mitchell reports from the island of Martha's Vineyard on the promise of hope left unfulfilled and what it will take to fix it.
Wednesday, August 10, 2011(3 comments)
S&P: The Genius of a Flexible Conscience
America faces a new world challenge in the wake of the S&P downgrade of U.S. credit. This time Main Street and Wall Street are battling on the same side. How do we rein in the reckless political machine in Washington? Good-b's Monika Mitchell has a few ideas...
Wednesday, June 22, 2011(10 comments)
Ditching Grandma: Reexamining the Era of Economic Irresponsibility
Over 3 years after investment banking giant Bear Stearns collapsed from mortgage madness, the market meltdown continues to wreak havoc on local, national and global economies. Small business continues to suffer the greatest losses from the fiscal irresponsibility of lawmakers and lenders. The latest victims include Wall Street itself and a new and unsuspecting victim: the nation's elderly. Good-b CEO Monika Mitchell reports...
Monday, May 16, 2011(4 comments)
The Amazing Federal Reserve Reality TV Show
How many of us would like to say these famous words to lawmakers, policymakers and CEOs? The Federal Reserve is one of the most powerful organizations in the U.S. government. Yet few of us really understand what they do, why they do it and how they get away with it! The agency is shrouded in mystery, smoke and mirrors. In the wake of increasing public suspicion and criticism, the Fed is changing its stripes.
Saturday, April 23, 2011(7 comments)
Just Say Uncle: Sociopaths & Finance
Comparing John Gotti Jr.'s description of "honor" and doing what's "right" with distorted Wall Street perspective of economic murder as good business.
Thursday, January 6, 2011(3 comments)
2011- The Battle of the Budget
The looming budgets are about to begin. The question: To debt or Not to debt. So which is it? Expanding Debt and Credit? Or pulling up the bootstraps and cutting down on spending and consumption? Answer: Both. Sorry to confuse you.
G20 Bankers of the Year: Faking It
The G20 Basel III argument is simple despite the complexities of global finance. Do you continue to borrow at high levels with little equity (7%) behind it? Or do you increase your safety net of assets (15%) to minimize potential losses? Many bankers in recent years blamed ordinary consumers for the economic crisis. They accused people of not saving enough and living beyond their means. Why don't they take their own advice?
The Party of Hate: Tea and No Sympathy
Times are tough for all of us. The biggest issue these days for Americans is the slow moving economy. The recession is over...or so we are told. But it sure does not feel like it. As the U.S. midterm elections draw closer, the angry debate grows over how to create jobs, support business and citizens. Good-B Blogger Monika Mitchell steps into the fire and shares her views.
It's a WO-Man's World
The success of women is still being measured by outdated 20th century standards. According to the African proverb, "Women hold up half the sky." Monika Mitchell says women do more than that; they seed and cultivate the ground we walk on.
As a leader in the economic advancement of women, Monika Mitchell attended the Omega "Women & Power" conference last weekend & discovered there is a lot of work that still needs to be done
Friday, September 24, 2010(1 comments)
The Value of Values: The New Business Education
In business affairs, "doing the right thing" is often confused with pursuing profits at any cost. Ethical dilemmas are pushed aside in the name of the almighty buck. Yet business is dependant on profits and revenues. The question for modern business leaders is how to balance the two: ethical action and bottom-line needs. Three thought leaders and a ground-breaking book by Ivy League educator Mary Gentile offer solutions.
Obama, Krishna Das, Paradise and Me
Today marks the 47th anniversary of American hero, Martin Luther King and his most famous speech. The success of MLK & the civil rights movement prove once again that it is possible for a small group to challenge the status quo & transform the world. Social justice, social responsibility & social action go hand-in-hand. Monika Mitchell brings you hopeful news of the power of community in controlling our own economic destiny.
Thursday, August 19, 2010(3 comments)
Rethinking Debt: Deadbeat Creditors
Foreclosure is a continuing tragedy for millions of families. Recent web/print articles have painted banks as victims & defaulting homeowners as "deadbeats." One journalist even went so far as to accuse struggling homeowners of having no "moral values." What does history reveal to us about the morality of credit & debt? Monika Mitchell examines the truth behind the "shame of debt" and offers a provocative and unique view.
Thursday, August 12, 2010(4 comments)
The Giving Pledge: A New Social Conscience
For so long, charity & wealth have been separate. Corporations sponsor events for publicity; individuals donate to see their names on institutional walls. Giving has become synonymous with power & privilege. "I give because I can," rather than "I give because I must do what I can." Helping others has been below the radar for otherwise compassionate people. Monika Mitchell discusses that changing paradigm of social conscience.
Saturday, August 7, 2010(11 comments)
Do Republicans Hate Small Business?
The calls for small business economic support are getting louder and more insistent by the day. In a free market economy like the U.S., the entrepreneurial spirit drives a large portion of our prosperity. Since the free market is no longer "free" after many government interventions, small business is waiting for its bailout too. Good-B Blogger Monika Mitchell reports on the state of American Small Business.
Economic Disaster: Who Pays the Price for Failure?
The tide is changing when it comes to corporate responsibility and economic fallout. BP in the eyes of the President, Congress and much of the nation is obligated to repay lost income for Gulf residents. This could include everyone in that region. The tragic accident will affect the lives of the people of the Gulf for years to come. The simple question remains, how much to compensate lost income is fair and just?
Saturday, July 3, 2010(3 comments)
Dodd-Frank: Hell Hath No Fury Like a Lobbyist Scorned
The Dodd-Frank Act is being hailed by many as "historic" financial reform. A deeper look into the 2,300+ page legislation reveals loopholes, exceptions and exemptions. GoodB Blogger Monika Mitchell examines how effective the new law will be and who won the fight for financial regulation - lobbyists or the American public?
Thursday, June 17, 2010(3 comments)
Big Oil, God and Money
To effect real change, we must join forces in large numbers and say no more to the savage raping of our earth and sea. No more to off-shore drilling. No more to threatening our eco-systems. No more to profit over people and life itself. There is another way
Sunday, June 13, 2010(3 comments)
It's a Miracle: Financial Reform
Will financial reform ever really happen? Or will the Big Banks and Big Money interests continue to pull the strings for the rest of us? The fight is on in the halls of Congress to remake our financial system. It will take every bit of courage and will we can muster.
Tuesday, June 1, 2010(2 comments)
The Century of Women
It is only in true partnership of men and women in government, in spiritual traditions, and in our economic structures that we can together heal the suffering of our modern world.
Saturday, May 15, 2010(2 comments)
The New Girls' Club
At a recent evening celebrating women leaders, Senator Diane Feinstein claimed that, "If Congress were all women, we would have financial reform by now." That may or may not be true. Yet there is something to be said for the healing quality of women. The women in gov't seem intent on fixing the problem, not denying it exists or throwing more wood on the fire. Say goodbye to the Old Boy's Club & hello to the New Girls' Club.
Thursday, May 6, 2010(1 comments)
The Thrill is Gone
It used to be that indifferent wealth building and outsized risk was sexy. For 30 years, the world of high rolling high finance was the object of admiration & envy. Chants of "Wall Street sucks" some ten thousand strong in front of City Hall last week signified that the days of glamorous greed are over. In the wake of the deepest financial crisis since the Great Depression, economic hardship has become too real for too many.
Sunday, April 25, 2010(6 comments)
Of the Banks, by the Banks, for the Banks"
Seems like old times...really old times. Circa Ancient Rome, medieval Europe, 19th century America...or any time in human history when a small group of privileged men controlled the wealth of an entire nation. Blogger Monika Mitchell explores the ironic monopoly on "justice" currently held by America's largest banks.
Monday, April 12, 2010(6 comments)
The Golden Rule of Health Care
Health care reform has passed into law and officially launched the Age of reform. Put on your boxing gloves as the battle to kill the new equal access to health care becomes more heated and volatile. Change has come to America!
Tuesday, March 23, 2010(3 comments)
Leaving emotions and morality out of social structures like our economy defies our very humanness. The mind leads us in the
world, yet it betrays us too. In our quest for perfect freedom, we forgot the fact that as humans we are far from perfection.
We need a socially conscience legal framework to protect us from the destructive blind spots in our own logic.
Saturday, March 13, 2010(2 comments)
For the Love of Business
Searching for the Soul of Business
There is no doubt about it. America is in the middle of a moral crisis. Healthcare for the privileged few? Or healthcare for all? Bailouts for banks or taxpayers? Protection for lobbyists or consumers? These are just a few of the questions currently debated on the moral stage of American culture. Blogger Monika Mitchell asks, "What's love got to do with it?"
Sunday, March 7, 2010(3 comments)
The Toyota Way: Beyond Shame
The Toyota car company struggles to rebuild its reputation for reliability and trust. American business can learn a lot from the fundamental values of the Toyota Way. GoodB blogger Monika Mitchell reports on lessons from Toyota.
Saturday, February 27, 2010
Buyer Beware: Consumer Finance
A Law of One's Own
Consumer Protection Laws began in earnest in the 1960s and continue to this day. This week marks a major advance in credit card reform. Yet the financial industry practices that created the ongoing recession remain unregulated. Frustrated consumers want to know why and what can be done. GoodB Blogger Monika Mitchell takes a look.
Tuesday, February 16, 2010(3 comments)
Small Business: Too-Big-To-Fail
A Boom or Bust?
Unemployment is growing. Businesses are closing. The Great Recession is dragging on and America's middle class is paying the highest price. Good Business Blogger Monika Mitchell offers some radical solutions to help American small business.
Wednesday, February 3, 2010
Greed is Not Good
A Change is Gonna Come
Things were buzzing this past week on the global economic stage in Davos, Switzerland. The World Economic Forum, once a bastion of business elite invited aid workers from Haiti, union leaders from Europe, and sent banking executives to the back of the bus.. Monika Mitchell reports on the state of the economic union...
Tuesday, January 26, 2010(3 comments)
In Google We Trust
The obscene money conflicts that have emerged this past year in our largest commercial institutions have put the issue of business ethics front and center again. What is "right or wrong" in the world of profit? GoodB Blogger Monika Mitchell explores the new ethical landscape in the light of one of America's most beloved companies.
Sunday, January 17, 2010(3 comments)
Charity Begins at Home: Financial Restitution
Banks are on the hot seat this week in Washington, D.C. As a Congressional hearing begins, the public is calling for heads to roll. Some bailout titans are responding to public rage with apologies and blame. Citizen anger is bound to increase over the next couple of weeks as
the big firms announce record bonuses.
Friday, January 15, 2010
2010: Turning Over a New Leaf
Work... business touch every one of our lives in a profound way. But what exactly is business? Human beings in community creating profit by creating value. Monika Mitchell adds insight and inspiration to our current economic woes.
Saturday, January 9, 2010
The Price of Freedom: 79%
Giving Credit Where Credit is Due
Throughout history, usury, or the system of charging interest on credit, is thought to be both good and evil. In the middle ages, creditors were denounced as satanic; in Dickensian England, debtors were social pariahs. GoodB Blogger Monika Mitchell reveals a society in Ancient Mesopotamia where credit systems mirror our own.
Post Paulson Depression: Bad Assets, Bad Plan
The legacy of Hank Paulson, former Goldman Sachs CEO and U.S. Treasury Secretary lingers on 3 months after his departure. The $700bn TARP funds failed to stimulate banks into lending, rid the banks of toxic assets or revive the economy. The Obama Team with many members from Clinton and Bush administrations is continuing some of the failed policies of its Treasury predecessors.
Sunday, March 8, 2009
Bad Boy Bankers: Learning From History
Bad Banks and Bad Assets: How the 1999 Repeal of the Glass-Steagall Act resulted in creating the "biggest bank in the history of the world" and subsequently the biggest taxpayer bank bailout in the history of the United States.
Friday, February 27, 2009(1 comments)
Vive La France - The Red, White and Blue of It
Government bailout and economic stimulus for American workers. Author suggests the U.S. government follow the French Prez Sarkozy and give bailout money to companies in exchange for keeping workers employed.