There is the mass media, there are blogs, and then there is Ledwidge.
It is amazing just how much of what we see and hear, irrespective of the source, still conforms to the conventional or a variation thereof.
For example, I have watched with some amount of trepidation, cynicism and concern, the current debate on the nature of banking. On the one hand there are governments and regulators who sincerely believe that more regulations will solve the problems of the industry. On the other hand there are bankers who sincerely believe that by merely improving governance and controls they can avoid another crisis.
Neither of these parties recognizes that the answers to this crisis lie in the human domain and both remain wedded to the same old remedies used in previous crises.
Unfortunately, the role of the media in all of this is to generate more heat than light.
It is what prompted me to write Clearing The Bull.
Politics and government is similarly disturbing. We have problems, both economic and social, that can only be remedied over a period of several election cycles. However, our politicians no longer argue right and wrong they argue right and left (with the media falling in line behind them). Thus, we have found ourselves in the unfortunate situation where our economic cycle is in conflict with our political cycle.
And we the people are left to bear the consequences.
The primary objective of this blog is therefore to bring new ideas and perspectives on issues surrounding banking, business, people and politics. The hope is that we at least might be able to change a few minds and mindsets.