Herb Kay's S.O.S. System
  June 2, 2010
  "I'm Herb Kay and the most important thing to know about me is that I'm not going to lie to you or pull your chain. Ever. In my S.O.S. Guides, I give you, well, guidance, in a straight-talking and step-by-step way. The website offers the "advice side" of my system. Here, in my blog, I'm going to dig a little deeper and get a little grittier. That's the opinion side of my system. Will I say something that might shock you? Maybe. Will I ruffle some feathers? Perhaps. Will you close the page with some food for thought? Absolutely."

The Herb Kay Way is the straight forward, never-mince-words way. Check out Herb's latest blog on your money, your career, your debt, the economy and the world we live in.
 
When Downsizing is a Powerful Tool
Can We Address the Important Issues?
Just a Sentence or Two.....
A Dose of Reality
Getting Involved and Taking a Stand
Study Up on Your Loans
Drop Back Ten and Punt!
Who Can you Depend On?
Some Sobering News About the Economy
Grab a Beer and Take the Slide Home......
Another Loophole, Another Lesson
What is Your Core Conversation?
Loyalty and Leadership
The Argument for Being a Grownup
The 'Business' of Complaints
Electricity in the Air......
Taking a Hard Look at the Figures
A Public Life
My "Advice" to You
Perspective vs. History
Worried Sick!
It's About the Kids!
Gooooooooaaaallll?
Where Will the Money Come From?
Immigration Arguments: Debunked!
Blame Policy, Not Banks
Happy Birthday America!
Crony Capitalism
G8/20 and What That Means For You!
Our Economy and the Free Market
Building a Bubble?
"Fixing" Our Problems
The $20 Billion SNAFU
A Screaming Deal!
Action Breeds Success!
It's Going to Take Some Effort!
Getting Our Lives Back
For Better or Worse......... I Prefer Better
The Pressure to be President.......
This Great Nation......
Financial Reform - Ha...what a joke!
Municipal Bonds are a thing of the Past!
Feeling Good!
Moving Forward
The Signs Are All Around Us
It's a Grim Diagnosis
Oh, the Pressure.....
The Big Fat Greek Fallout
It's Getting Ugly......
Perfection is a Myth
Be Different
Moving on While Moving Ahead
An Immigration Abomination
I've Got a Question.......
Logic vs. The Logistics of Inflation
The Free Market - Greed at its Very Best
Informed on Inflation
Don't Fix What Isn't Broken
Harnessing Energy - The Herb Kay Way
Staying Ahead of the Curve
What Trade Deficit?
Greek to Me
There's a Bridge in Brooklyn......
Problems That Don't Exist
Don't Invest in Mediocrity
The Fed's Mutually Exclusive Roles
Deadly Serious
Election Year Scapegoats
"Willfully Insane"
Balancing your Beliefs - How Our Political Convictions Influence the Debate Over the Economy
Let's Reward the Renters
Don't Plug the Hole.......Replace the Bucket!
Europe's Safety Net
The Collapse of the System
Apple Makes a Lemon
Pot, Capitalism & The Free Market
Who is Your Banker?
Real Estate? Now is NOT the Time!
Grading on a Curve
When the Inflation Stars Align
When Foolishness Goes International....
The Recovery?
The Competitive Advantage of Reaganomics
What Wednesday Brings.....
Stopping The Addiction
Signing On The Dotted Line
Be Optimistic - Not Foolish
The Real Story
Selling Your House (and your credit) Short!
The Entitlement State
It's Anyone's Guess
Ask, And You Just Might Receive
Crazy Like A Fox!
It's Only Tuesday!
Spending Some Time - Cutting Spending
There's No Such Thing As Easy Money!
What Exactly is Responsible Borrowing?
Just Bite The Bullet
With Change Comes Turmoil
Q & A......The Herb Kay Way!
Wanna Bet? Gamble on Inflation!
A Lesson on Education
Two Different Beasts: Why Price Does Not Equal Wealth
For this Party - Three's a Crowd
Good Luck With All of That!
Dear Mr. Bank President:
It's Not That Simple
Raising the Stakes
State of The Union: The Herb Kay Way!
Capital Gains - Your Pains!
Cooking the Books
What's in a Name?
Questionable Choices: Healthcare Reform
And the Person of the Year Is......
A History Lesson
Goverment's Stimulus Fairytale
Let's Hope I'm Wrong
Fake Money = Real Problems
Collectors Lie
35 Million Americans Can't Be Wrong
Simple Truths, Simple Lies
Lending and The Federal Reserve: Why Making Banks Rich Again Will be Bad for the Economy
Are You Health Care Aware?
Have Good Credit? With New Legislation in the Works, the Question is, Who Cares?
Healthcare and the President
Tips for Choosing a Bank and the Right Bank Account
 
For Better or Worse......... I Prefer Better
 

One of the most interesting things, to me at least, is how people can say things without a single thought as to how they might come across to others.  In other words, saying something that undercuts the very thing that you are trying to accomplish.  For example, I was reading an article in the Wall Street Journal about Greece.  As you may be aware, the country is in deep financial crisis - so serious that it is affecting the world economy.  The worry is that the problems there are some sort of contagious virus that will spread to the rest of the world.  Now, I have already blogged about that before so I am not going to repeat my thoughts here, but what I loved about the article, was the quotes in it for Greeks facing cuts and changes in order to qualify for a huge bail out by the International Monetary Fund (IMF) and the European Union (EU).

Understandably the IMF and EU are asking for serious cuts in benefits and expenses on the part of the Greeks in order to feel comfortable spending more money there.  I won't spend any time here going over what those cuts are, as they are irrelevant to most of us, but the bottom line is that the Greeks set up one of the most extravagant welfare states in the world and now they need to cut back, as they are totally broke.  Of course, those who have received the benefits for decades are screaming! 

I read one quote by an Athens pharmacist who said, "….they are handing over the profession to multi-nationals who are not pharmacists but entrepreneurs!"  Oh, the shock of it all!  He is saying that instead of getting paid - regardless of whether he does his job well or provides the best service at the lowest cost to his customers - now he is going to have to compete with, gasp, foreigners who are businesspeople.  My God, they might even do a better job…… so where does that leave him?  Oh, call me silly, but wouldn't the best course of action for him to be to streamline his own business and do a better job?  Like I said, silly me.

Then there was, and this is my favorite, the Athens University professor who said without a trace of irony, "We Greeks are proud.  We don't like to be restrained from the outside".  Right, you just want the outside to keep giving you money that you have no idea how to repay without making any changes.  Yeah, that's gonna fly like a lead balloon.

Here's the thing, when relating the whole Greek mess to us, we need to accept that we are living in a new world and a new way of doing business.  We can no longer rely on things just seeming to take care of themselves and need to do whatever it takes to make our own lives better.  No amount of resistance to the change upon us is going to stop it.  We own our own destiny for better or worse.  I prefer better, don't you?