My suspicion is that Barack's best day at work for the next four years will be Inauguration Day.  Beginning tomorrow, he has to get the pigs at the trough to start working together.  The reality is that when the trough gets smaller, the pigs get meaner. When Nancy Pelosi's best new idea is to investigate the Bush Administration, it's perhaps a harbinger of things to come for our nation's new consensus builder.    My fear as an entrepreneur is that Barack knows just enough about theory to get this right from a structural standpoint and not enough about reality to get it right from an execution standpoint. But then he has Nancy and Harry to help him.

There are half a dozen things that Barack has to fix before any significant change can happen.  Here's my list.

1. Make the Banks lend-  It has taken me 6 months to refinance my house, 5 years of tax returns, two appraisals and countless e-mails.  I have been in business 25 years, lived  in the same house for 12 and owe 1/3 of what it's worth.  The banks are behind this crisis and the banks need to be made to lend the money that tax payers are giving them.  Instead, they are buying Treasuries for the balance sheets and huddling in barbecue huts around the country trying to figure out how to buy each other before someone else buys them.  Except for a few well run Community Banks around the country and one large regional in NC (BB&T) the large banks are cesspools for the mediocre and the half ambitious of executive talent.  Ken Lewis may be the last smart banker left in the world along with Jamie Dimon but the rest are sorry slopbowls for thinking and strategy.  My friend Scott Sadler runs a family bank in Missouri that has more brain power on its teller line than all of Merrill's executive suite.  the same is true of Steve Huston and Bank West in Buffalo, Minn.We have too many banks with too much mediocrity in the leadership chairs.  That and the fact that they are just liars masquerading as leaders. ( How did John Thain not know about 22 billion in addtional losses?).  Why would you trust a firm or an advisor with a firm that was that clueless about their own internal  financial affairs.  Investigate them, indict them, take them to trial and send them to jail.  Why do bankers get free cards for theft and deception while the rest of America doesn't?

2. Cut the ties with the Unions-The Unions are the new Boss Hawg. No matter what their industry, they are comprised of self serving, entitlement, self enriching thugs who have overestimated their contribution and value creation.  The common denominator in all these little guilds is a platform on non acccountability, non measurement, and entitlement.  They are extortionists masquerading as trades people.  They have been on a declining membership base for years and will continue todecline.  Whether it's the UAW, the NEA, or the League of Unwed Mothers, it's always, always about them and non-accountability. They don't want to measured on anything less someone really find out that what they are doing can't be measured or valued..  The more encouragement you give these morons and their leadership, the more you create the new plantation for the 21st Century where we all get to work..  The world is being reconfigured for entrepreneurs and not corporate structures.  The more protectionism, false value creation, and extortion polices Barack succumbs to, the less value creation we have from that sector.  They never did create great value for anyone but themselves anyway.  Barack just got into the big house on the hill. Let's get rid of the sharecropper strategy next.

3. Fix the Infrastructure- We have a 25 year program of rehabilitation, restoration, and transformation around our existing transportation, power, and water structures.  It will keep two generations of people busy.  Start funding bricklayers, plumbers, electricians, engineers, and "green' thinking.  Give them forgiveable loans if they finish the courses needed to add new skills to build businesses and communities and give them the money for philanthrocapitalism to restore the towns and communities where they live.  We don't need 2.5 million bricklayers but we do need some tradespeople who are long on mortar and short on Medieval Literature. Thirty Billion out into the communities across the country will do a lot more than 30 billion to Michigan...unless of course you buy space heaters for everyone.

4. Take Away Regulator Immunity-  Chris Cox head of the SEC and Mary Shapiro, head of FINRA were responsible on their watch over the last 9 years for what has happened in the securities industry and financial services industry.  They were asleep, stupid, and apathetic on their watch.  What we need are smarter regulators and not more regulations.  The only thing Mary Shapiro didn't do as a regulator over the big firms is her job.  Instead of paying attention, she spent most of the last two years consolidating and expanding her bureuacratic empire and finding a way to increase her salary 57%.  The fines her former organization levied on Wall Street were nothing more than "pay to play" token punishment amounts designed to keep firms in business and the NASD in the business of pretending to regulate them. (www.advisorfreedomcom, Acts of Liberation Blog)  The problem with the last 9 years is that no one in those positions was savvy enough to know what was being designed, built, and sold in the marketplace.. Fire both of them and send them back to some sort of remedial training school...perhaps pie baking since they obviously mastered the "cooking the books" course.. I'd rather see Martha Stewart run the SEC than Mary.  At least she has a public conviction on her side.

5. Take RACE off the table forever- Barack is THE example of what can be done if you decide what needs to be done.  As of this writing, there are more young African Americans in jail than there are in college or vocational schools.  There are more fatherless African American families than any other ethnic group.  There are more homicides inside this demographic than a turf war in Sicily.  Cut the welfare off and start either employing these young men in or create a work camp where they have to show up, grow up, and provide for what they have brought into the world.  Tell them to get pants that fit, stop buying bling and buy books, and get rid of the pit bull as their national symbol of their masculinity and culture.  Tell them to stop creating children they aren't going to be responsible for. Start deporting those repeat offenders, strip them of their citizenship and use the crime fighting money to buy an island near Antarctica so their lives and ambitions can be put on cold and hold.  I'm tired as a taxpayer of subsidizing murder, graft, corruption, apathy and laziness all hiding under some equal protection clause.

6. Fund Entrepreneurs and not Corporate Incompetency- This is the entrepreneurial century and business leaders like Dan Sullivan of The Strategic Coach (www.thestrategiccoach.com), Daniel Pink, (Free Agent Nation) and W. Chan Kim (The Blue Ocean Strategy) understand that an entire new paradigm has to be created in order to make this transition.  The IRS, FICA, FUTA, are all old revenue collection models that need to be drastically redefined and retooled.  Make the systems work for entrpreneurs and revenues will go up, tax collections will go up, and opporunities will go through the roof. Don't reform these structures and the Internet creates an underground economy that never reports revenue, jobs, or information.

The second day as President can be pretty good if you realize that the campaign is over and the competition has to get ramped up pretty quickly.

Let's see if Barack can translate Community Organizer into some sort of Competitive National Strategy.  If he can't, then the White House just became the new United Way HQ.

I just email this to Barack, hope he gets it without his Blackberry !!!

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