Financial Fiasco

The United States is facing the greatest economic challenge since the great depression. The decision made by congress in the next few days will be the most important one made this year. A crisis of this magnitude mirrors in many ways a grief process. These stages include, anger, denial, blame, bargaining and acceptance. Many of these have been reflected by constituents and callers to talk shows in recent days.

The stark reality is that we are in a situation that must be dealt with and time is not necessarily on the side of policy makers. The present day situation is being dealt with in the midst of a global economy. The world really is watching as we address this issue. At risk are foreign assets that could impact worldwide markets as well as our own. The ripple effect of people losing their homes, their jobs, mass sell offs in the stock market and a loss of confidence in the banking system would not be something quickly or easily overcome. This problem is not just Wall Street, it impacts main street America as well.

I recall my days on the board of a financial institution and seeing first hand the impact of defaulted loans and uncollectable debt. What was surprising was the huge impact on the entire institution of small percentage of bad loans. That is what we are facing on a national magnitude. No one likes the feeling of being victimized by the actions of individuals, policy makers or businesses. The reality is, that is where we are in this situation. I heard one senator quoted as saying, “I don’t like the bailout proposal, but I don’t see any other viable options on the table.”
This challenging situation, this financial crisis that will impact all Americans, calls for a time of bipartisanship at its best. I’m not sure about you, but as specific ideas and proposal are discussed, I am praying for clear thinking and wisdom for our national leaders.

Palin Power

The naming of Alaska’s Governor, Sarah Palin as the vice-presidential running mate for John McCain has provided a dramatic element to the presidential race. Governor Palin’s history, family and political conservatisms has quickly garnered the attention of the media, created dilemma’s and at the same time energized Republican voters. One thing that can be said is that this is going be an historic election regardless of the outcome.

Is a governor of Alaska from a small town with two years of experience in the state capitol qualified to be Vice-President? Is a community organizer turned U.S. Senator with less than two years experience qualified to be President? Ultimately voters will decide and political history in the United States will make a significant shift.

The attraction of both Obama and Palin seems to be related to the fact that they are out of the typical political and even presidential mode. I believe it also points to the fact that people want leaders they can relate to and that they can trust. Of course Obama is running for President and Palin, Vice-President and that difference is often pointed out when making Obama and Palin comparisons. But for the purposes of analyzing what makes a leader attractive to a voter it seems justified.

What do you look for in a leader, a President, a State Representative? We understand the “party trumps person” adage in politics, but how far does that go with the average voter?

Community College and Careers

The first observance of Labor Day is believed to have been a parade of 10,000 workers on Sept. 5, 1882, in New York City, organized by Peter J. McGuire, a Carpenters and Joiners Union secretary. By 1893, more than half the states were observing a "Labor Day" on one day or another, and Congress passed a bill to establish a federal holiday in 1894. President Grover Cleveland signed the bill soon afterward, designating the first Monday in September as Labor Day.

Much has changed over the years since that first observance of workers. We have seen shifts from a focus on agriculture to manufacturing to the current information and technology age. Today we are reminded that workers function in a global economy and as a result we face the challenge of preparing students with the skills needed for the 21st century. As individuals prepare for the work force, the reality is that workers today face not just multiple changes in a job, but changes in careers.

This fact points to several key issues when it comes to work in our current age. Today individuals are not longer feel “locked” into a career track. Beyond serving as a means of producing income to meet needs and achieve financial stability, people are looking for their careers as a mean of personal fulfillment or an avenue to make a contribution to society.

In order for this change to take place more and more individuals are realizing that a commitment to life-long learning is important to maintain skills and to learn new skills required for a career change. To respond to this need our community colleges provide an excellent resource to address these on going education needs. Community colleges in the past have been viewed as an alternative approach or stepping stone to a college degree. While this is an important aspect of their mission, they are well poised as a resource to facilitate the needs of individuals in keeping skills up-to-date and serve those pursuing a new direction in their vocational pursuits.

The workers of the future will need some type of post secondary training or education to prepare for a modern day career. As Colorado works to make higher education more accessible to high school graduates and provide on-going training to those in the work force, our community colleges provide an important resource to serve these objectives.