The Financial Collapse of 2001 Unwinding Message Board

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Strategies & Market Trends : The Financial Collapse of 2001 Unwinding

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To: elmatador who wrote (2589)	6/19/2019 3:30:06 PM
From: Elroy Jetson	Read Replies (1) of 13794

Power is very corrupting if you're not very grounded yourself. It's amazing how quickly my own sense of entitlement expanded when I was a 25 year old executive at Chevron, and part of each security member's job is to remember your name and say good morning and good afternoon to you. Everyone responds to your questions and is eager to please and impress. And when you go some place like an airport where the airline employees don't defer to you and answer your questions, in your mind "they have a problem". You quickly discover this is not a stable or happy way of living where your happiness is derived from the adulation and approval of others. It can degenerate to the point where you can't even think for yourself or act independently of the crowd - even as you fancy yourself an insightful contrarian and independent thinker. I've worked for several of this type of CEO, and while I find them annoying, it's extremely easy to guide their thinking and make their decisions for them - a process which in itself is annoying as you lose respect for them. It's fine for subordinates to be focused on your well-being, but to be happy and useful to society you need to have higher goals than your own needs and standing, posting photos of your meals like a Paris Hilton living a debased life. I'm sure long before Epicurus in 307 BC en.wikipedia.org wise rulers realize the way to attain real pleasure and satisfaction is in living modestly, to gain knowledge of the workings of the world, and to limit one's desires. This results in tranquility and freedom from fear. Marcus Aurelius the Philosopher Emperor of Rome followed similar tenants and Buddah later came to the similar realizations. Zhou Enlai (Chou En Lai), (below right) succeeded Mao largely because he focused on the affairs of state and needs of the Chinese people and worked to limit the damage of the Red Guards and Mao's delusional Great Leap Forward, cleaned his own office and apartment and lived as a modest man while others in China's leadership focused on toadying-up to Mao and their own advancement. Later leaders including Xi have "lost the plot" and, like François Mitterrand and Bill Clinton, have forgotten the purpose of a leader is to make their citizen's lives better.

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