Opinion – One in five bosses is a psychopath, research reveals – Sydney Morning Herald – John Gelmini

Nicolo Machiavelli Historie fiorentine

Nicolo Machiavelli Historie fiorentine (Photo credit: Wikipedia)

Santi di Tito’s famous portrait of Niccolò Mac...

Santi di Tito’s famous portrait of Niccolò Machiavelli, now residing in the Palazzo Vecchio in Florence, Italy; headcrop. Deutsch: Niccolò Machiavelli; Ausschnitt aus dem Portrait von Santi di Tito. Македонски: Портрет на Николо Макијавели во функционерска облека. Санти ди Тито, 1500. Денес во Палацо Векио, Фиренца, Италија (Photo credit: Wikipedia)

Like Dr Alf, I have come across many strange personalities in corporate life and in the public sector ranging from paternalistic and benign to cunning and Machiavellian with the odd psychopath and sociopath thrown in.

The predominant type seems to have been people who underestimate difficulties ,fail to consider practicalities and who overestimate their ability to be right even though circumstances change faster than their experience can match and Black Swans now account for 50% of everything that happens in the world.

Rewards for not delivering optimised shareholder value,a failure by the UK courts not to jail errant executives when some of them have acted with recklessness and capriciousness in pursuit of bonuses to the point where greed has overtaken all reason and sense of right and wrong have led to “omnipotence syndrome”.

This is where these executives attribute “Godlike powers” to themselves and become oblivious to risk.
Shareholders need greater powers to curb such megalomania and non executive directors need to hold such directors to closer account.

John Gelmini

Opinion – Trump and the Truth: The Unemployment-Rate Hoax – The New Yorker – John Gelmini

English: Enoch Powell

English: Enoch Powell (Photo credit: Wikipedia)

Dr Alf asks important questions about US Democracy and the bogus employment data that the New Yorker and Donald Trump have exposed.

For some 30 years the UK has pioneered bogus data on immigration which the Home Office has engaged in since the late Enoch Powell exposed it forensically and was subsequently sacked for his trouble following his “Rivers of Blood” speech. I sense that the UK publishes bogus data on employment, unemployment, NEETS, job prospects, Government expenditure, trade, exports, Armed Forces recruitment, military strength, crime, healthcare outcomes, money laundering, drug addiction, executive pay, educational attainment and productivity.

America has learned many of the UK’s bad habits in this regard and Donald Trump has through the evidence of his own eyes and his business dealings seen through the bogus American employment data that Obama and his predecessors have been sanctioning. Too much work has been outsourced and off-shored or automated out of existence for the employment figures to be accurate.

Many unemployed people are simply not counted when their benefits run out or if they give up and retire early.

We call such people “economically discouraged” but the Americans do not count them at all.

John Gelmini