Month: October 2019

Internet Birthday – Still Growing Up after 50 Years

Posted on October 30, 2019 in Ethos, Industries, Strategy

Go Lean Commentary

Today – October 29, 2019 – is the 50th birthday of the Internet.

No joke …

This is a Big Deal – or should be – for the world and for us in the Caribbean. The Internet has brought Good, Bad and Ugly to the world:

  • Think of the ease of communications with people around the world. Have you paid for long distance telephone calls lately?
  • When was the last time you touched an encyclopedia book or volume? … a dictionary?
  • Think of retail industries that have disappeared: record stores, book stores, travel agencies.

In this commentary, we have been consistent in our advocacy of Internet & Communications Technologies (ICT); see this previous post:

Technology has also pounced on the modern world, the Caribbean included; what started as a counter-culture revolution – nerds, geeks and techies – has become mainstream and normal. People today are walking around with a computer in their pockets (smart-phones) that far exceeds Big Mainframe systems (Big Iron) from 30 years ago; think 1 terabyte of memory-storage; 3.5 Giga-Hertz processor chips; global communication networks with interconnected devices around the world.

This change is not all bad! The whole world – the people, media and information – is now accessible at our finger tips!

It is our assertion that the entire Caribbean region – all 30 member-states, Cuba included – must adopt, compete and thrive in our ICT endeavors. This is one strategy for leveling the playing field in our competition with the rest of the world. But to adopt, compete and thrive, we cannot only consume; we must produce (research and develop) as well.

Why? Because the internet can also lead consumers astray; there are lanes on the information superhighway that goes into some dark-dangerous corners of society. See how this was pronounced by this college professor, who so happens to be one of the Participating Founders of the Internet 50 years ago … today:

Opinion: 50 years ago, I helped invent the internet. How did it go so wrong?
By: Leonard Kleinrock
When I was a young scientist working on the fledgling creation that came to be known as the internet, the ethos that defined the culture we were building was characterized by words such as ethical, open, trusted, free, shared. None of us knew where our research would lead, but these words and principles were our beacon.

We did not anticipate that the dark side of the internet would emerge with such ferocity. Or that we would feel an urgent need to fix it.

How did we get from there to here?

While studying for my doctorate at MIT in the early 1960s, I recognized the need to create a mathematical theory of networks that would allow disparate computers to communicate. Later that decade, the Advanced Research Projects Agency — a research funding arm of the Department of Defense created in response to Sputnik — determined they needed a network based on my theory so that their computer research centers could share work remotely.

My UCLA computer lab was selected to be the first node of this network. Fifty years ago — on Oct. 29, 1969 — a simple “Lo” became the first internet message, from UCLA to Stanford Research Institute. We had typed the first two letters of “login” when the network crashed.

This quiet little moment of transmission over that two-computer communication network is regarded as the founding moment of the internet.

During its first 25 years, the internet grew dramatically and organically with the user community seeming to follow the same positive principles the scientists did. We scientists sought neither patents nor private ownership of this networking technology. We were nerds in our element, busily answering the challenge to create new technology that would benefit the world.

Around 1994, the internet began to change quickly as dot-coms came online, the network channels escalated to gigabit speeds and the World Wide Web became a common household presence. That same year, Amazon was founded and Netscape, the first commercial web browser, was released.

And on April 12, 1994, a “small” moment with enormous meaning occurred: The transmission of the first widely circulated spam email message, a brazen advertisement. The collective response of our science community was “How dare they?” Our miraculous creation, a “research” network capable of boundless computing magnificence had been hijacked to sell … detergent?

By 1995, the internet had 50 million users worldwide. The commercial world had recognized something we had not foreseen: The internet could be used as a powerful shopping machine, a gossip chamber, an entertainment channel and a social club. The internet had suddenly become a money-making machine.

With the profit motive taking over the internet, the very nature of innovation changed. Averting risk dominated the direction of technical progress. We no longer pursued “moonshots.” Instead advancement came via baby steps — “design me a 5% faster Bluetooth connection” as opposed to “build me an internet.” An online community that had once been convivial transformed into one of competition, antagonism and extremism.

And then as the millennium ended, our revolution took a more disturbing turn that we continue to grapple with today.

By suddenly providing the power for anyone to immediately reach millions of people inexpensively and anonymously, we had inadvertently also created the perfect formula for the “dark” side to spread like a virus all over the world. Today more than 50% of email is spam, but far more troubling issues have emerged — including denial of service attacks that can immobilize critical financial institutions and malicious botnets that can cripple essential infrastructure sectors.

Other dangerous players, such as nation-states, started coming onto the scene around 2010, when Stuxnet malware appeared. Organized crime recognized the internet could be used for international money laundering, and extremists found the internet to be a convenient megaphone for their radical views. Artificial intelligence, machine learning, facial recognition, biometrics and other advanced technologies could be used by governments to weaken democratic institutions.

The balkanization of the internet is now conceivable as firewalls spring up around national networks.

We could try to push the internet back toward its ethical roots. However, it would be a complex challenge requiring a joint effort by interested parties — which means pretty much everyone.

We should pressure government officials and entities to more zealously monitor and adjudicate such internet abuses as cyber-attacks, data breaches and piracy. Governments also should provide a forum to bring interested parties together to problem-solve.

Citizen-users need to hold websites more accountable. When was the last time a website asked what privacy policy you would like applied to you? My guess is never. You should be able to clearly articulate your preferred privacy policy and reject websites that don’t meet your standards. This means websites should provide a privacy policy customized to you, something they should be able to do since they already customize the ads you see. Websites should also be required to take responsibility for any violations and abuses of privacy that result from their services.

Scientists need to create more advanced methods of encryption to protect individual privacy by preventing perpetrators from using stolen databases. We are working on technologies that would hide the origin and destination of data moving around the network, thereby diminishing the value of captured network traffic. Blockchain, the technology that underpins bitcoin and other digital currencies, also offers the promise of irrefutable, indisputable data ledgers.

If we work together to make these changes happen, it might be possible to return to the internet I knew.

Leonard Kleinrock is distinguished professor of computer science at the UCLA Samueli School of Engineering.

Source: Posted October 29, 2019; retrieved October 29, 2019 from: https://www.latimes.com/opinion/story/2019-10-29/internet-50th-anniversary-ucla-kleinrock

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VIDEO – The internet is turning 50 this year, here’s how it all started – https://youtu.be/U58HO1FyQ04

CGTN America
Posted April 2, 2019 – The technology behind the very platform you’re reading these words on turns 50 years old on Oct. 29th. On this date in 1969, researchers sent the first message ever online.

CGTN’s Phil Lavelle reports on how it all started in room at UCLA back in 1969.

Watch CGTN LIVE on your computer, tablet or mobile http://america.cgtn.com/livenews

Subscribe to CGTN America on YouTube
Follow CGTN America:
Twitter: @cgtnamerica
Facebook: @cgtnamerica

The founding of the internet is not unfamiliar to this movement behind the book Go Lean…Caribbean; one of the book authors benefited from the tutelage of another one of the Participating Founders of the computer science that led to today’s internet; see the obituary excerpts of Dr. Thomas Mason in the Appendix below.

The Way Forward for the Caribbean now relies heavily on Internet & Communications Technologies. We cannot get from “here to there” without a robust participation in the art and science of ICT.

This theme – doubling-down on ICT – aligns with many previous Go Lean commentaries; see a sample list here:

https://goleancaribbean.com/blog/?p=18524 One Step Closer: e-Money Solutions in One Country After Another
https://goleancaribbean.com/blog/?p=17040 Uber: An ICT product that is a ‘Better Mousetrap’
https://goleancaribbean.com/blog/?p=16364 5 Years Later – Technology: Caribbean countries fully on board
https://goleancaribbean.com/blog/?p=15875 Internet Giant “Amazon”: ‘What I want to be when I grow up’
https://goleancaribbean.com/blog/?p=15858 New Media Model – Network Mandates for a New Caribbean
https://goleancaribbean.com/blog/?p=15075 New Governing Model: e-Government 3.0
https://goleancaribbean.com/blog/?p=13466 Future Focused – Personal Development and the Internet
https://goleancaribbean.com/blog/?p=11358 Retail Apocalypse – Preparing for the e-Commerce Inevitable
https://goleancaribbean.com/blog/?p=11184 JPMorganChase spent $10 billion on ‘FinTech’ for 1 year
https://goleancaribbean.com/blog/?p=6341 Tourism Stewardship – What’s Next? Internet Sales & Administration
https://goleancaribbean.com/blog/?p=5435 New Governing Model – China Internet Policing Lessons
https://goleancaribbean.com/blog/?p=2126 Where the Jobs Are – ICT Reshaping Global Job Market

The Internet is not fully grown – it continues to mature, despite fully-developed eco-systems.

What will be the end-result for Cable Television? Electioneering? E-Learning?

We have more questions than we have answers.

There is still opportunity for Caribbean stakeholders to mold the landscape for Internet Commerce in our region; i.e. imagine what the end result will be for 3D-Printing?

We urge all stakeholders to tune-in to the next 50 years by leaning-in to this Go Lean roadmap. We are preparing the region to not just consume, but also to foster and forge internet solutions for our homeland. This is how we will make our homeland a better place to live, work and play. 🙂

About the Book
The book Go Lean…Caribbean serves as a roadmap for the introduction and implementation of the technocratic Caribbean Union Trade Federation (CU), for the elevation of Caribbean society – for all member-states. This CU/Go Lean roadmap has these 3 prime directives:

  • Optimization of the economic engines in order to grow the regional economy to $800 Billion and create 2.2 million new jobs.
  • Establishment of a security apparatus to ensure public safety and protect the resultant economic engines.
  • Improve Caribbean governance to support these engines, including a separation-of-powers between the member-states and CU federal agencies.

The Go Lean book provides 370-pages of turn-by-turn instructions on “how” to adopt new community ethos, plus the strategies, tactics, implementations and advocacies to execute so as to reboot, reform and transform the societal engines of Caribbean society.

Download the free e-Book of Go Lean … Caribbean – now!

Who We Are
The movement behind the Go Lean book – a non-partisan, apolitical, religiously-neutral Community Development Foundation chartered for the purpose of empowering and re-booting economic engines – stresses that reforming and transforming the Caribbean societal engines must be a regional pursuit. This was an early motivation for the roadmap, as pronounced in the opening Declaration of Interdependence (Pages 12 – 14):

xi. Whereas all men are entitled to the benefits of good governance in a free society, “new guards” must be enacted to dissuade the emergence of incompetence, corruption, nepotism and cronyism at the peril of the people’s best interest. The Federation must guarantee the executions of a social contract between government and the governed.

xvi. Whereas security of our homeland is inextricably linked to prosperity of the homeland, the economic and security interest of the region needs to be aligned under the same governance. Since economic crimes … can imperil the functioning of the wheels of commerce for all the citizenry, the accedence of this Federation must equip the security apparatus with the tools and techniques for predictive and proactive interdictions.

xxiv. Whereas a free market economy can be induced and spurred for continuous progress, the Federation must install the controls to better manage aspects of the economy: jobs, inflation, savings rate, investments and other economic principles. Thereby attracting direct foreign investment because of the stability and vibrancy of our economy.

xxvii. Whereas the region has endured a spectator status during the Industrial Revolution, we cannot stand on the sidelines of this new economy, the Information Revolution. Rather, the Federation must embrace all the tenets of Internet Communications Technology (ICT) to serve as an equalizing element in competition with the rest of the world. The Federation must bridge the digital divide and promote the community ethos that research/development is valuable and must be promoted and incentivized for adoption.

xxx.   Whereas the effects of globalization can be felt in every aspect of Caribbean life, from the acquisition of food and clothing, to the ubiquity of ICT, the region cannot only consume, it is imperative that our lands also produce and add to the international community, even if doing so requires some sacrifice and subsidy.

Sign the petition to lean-in for this roadmap for the Caribbean Union Trade Federation.

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Appendix: Obituary of Dr. Thomas Mason

July 24, 2017 – It is with a heavy heart that we report the passing of a great educator and STEM influencer, Dr. Thomas W. Mason. He was the founder and legendary professor of Mathematics, Data Processing and Computer Science at Florida Agriculture & Mechanical University (FAMU). 

…

Considering the proud legacy of Historical Black Colleges and University (HBCU), Dr. Mason was agnostic to all of that; he was first and foremost a computer scientist, who happened to be Black, He matriculated for his PhD at the University of Illinois (completing in 1973); there he worked on the ILLIAC project, directly on the ILLIAC IV effort:

ILLIAC (Illinois Automatic Computer) was a series of supercomputers built at a variety of locations, some at the University of Illinois at Urbana-Champaign (UIUC). In all, five computers were built in this series between 1951 and 1974. Some more modern projects also use the name.

The architecture for the first two UIUC computers was taken from a technical report from a committee at the Institute for Advanced Study (IAS) at Princeton, First Draft of a Report on the EDVAC [1945], edited by John von Neumann (but with ideas from Eckert & Mauchley and many others.) The designs in this report were not tested at Princeton until a later machine, JOHNNIAC, was completed in 1953. However, the technical report was a major influence on computing in the 1950s, and was used as a blueprint for many other computers, including two at the University of Illinois, which were both completed before Princeton finished Johnniac. The University of Illinois was the only institution to build two instances of the IAS machine. In fairness, several of the other universities, including Princeton, invented new technology (new types of memory or I/O devices) during the construction of their computers, which delayed those projects. For ILLIAC I, II, and IV, students associated with IAS at Princeton (Abraham H. Taub, Donald B. Gillies, Daniel Slotnick) played a key role in the computer design(s).[1]

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The ILLIAC IV was one of the first attempts to build a massively parallel computer. One of a series of research machines (the ILLIACsfrom the University of Illinois), the ILLIAC IV design featured fairly high parallelism with up to 256 processors, used to allow the machine to work on large data sets in what would later be known as vector processing. After several delays and redesigns, the computer was delivered to NASA’s Ames Research Center at Moffett Airfield in Mountain View, California in 1971. After thorough testing and four years of NASA use, ILLIAC IV was connected to the ARPANet for distributed use in November 1975, becoming the first network-available supercomputer, beating Cray’s Cray-1 by nearly 12 months. – Source: Wikipedia

Notice the reference here to ARPA and ARPANet – ARPA, the Advanced Research Projects Agency, renamed the Defense Advanced Research Projects Agency (DARPA) in 1972 – this was the forerunner to today’s Internet. He was proud of this participation and accomplishments of this endeavor – he often embedded this history in his lectures. He sought to influence the next generation of students to look, listen, learn, lend-a-hand and lead in the development of these cutting-edge technologies. (By extension, his impact extended to the Caribbean as well).

For those who listened and learned, we are forever grateful for Dr. Mason contributions and tutelage.

The publishers of the book Go Lean…Caribbean recognize the life contributions of Dr. Mason as a STEM educator, visionary and influencer. … Any hope of creating more jobs requires more STEM … students, participants, entrepreneurs and educators. The Go Lean roadmap seeks to put Caribbean people in a place of better command-and-control of the STEM field for their region. We need contributions from people with the profile like Dr. Mason; he provided a role model for inspiration … for this writer, a former protégé.

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One Step Closer: e-Money Solutions

Posted on October 29, 2019 in Economics, Government, Implementation, Industries

Go Lean Commentary

Old: A penny saved … is a penny earned!
New: A penny saved … is a penny!

Don’t get it twisted! While the discipline of savings is a positive ethos, the end result of saving a penny is still just a penny. The goal must be to match the good ethos with some real financial resources:

  • A $Million saved, is a $Million earned
  • A $Billion saved, is a $Billion earned
  • A $Trillion saved, is a $Trillion earned

The assessment of the 2013 book Go Lean…Caribbean is that we need to foster the positive community ethos to save and invest – we need to be more Future Focused. At the same time, we also need to avail ourselves of the leverage of a regional Single Market economy for the 30 Caribbean member-states, rather than just one (1) little country by itself.

This commentary is advocating that the ethos that needs to be fostered is the adoption of Electronic Money schemes.

As related in a previous blog-commentary about Payment Cards…

…”there is now the opportunity to transform the industrial landscape of Caribbean communities; we can install controls so as to better manage our economy and industrial landscape. Among the many strategies and tactics discussed by this Go Lean movement, there is this one irresistible prospect of introducing electronic money (e-Money) or Payment Cards through out the region. So, instead of cash, industrial stakeholders will do most transactions … electronically.

This changes everything!

With an e-Money/Payment Cards deployment, there would be so many benefits; consider these possibilities:

  • Functional – Payroll and Government Benefits can be easily loaded; credit programs can also be added.
  • Universality – whether its e-Money or Payment Cards, all financial transactions can be executed.
  • Portability – e-Money can be used in Cyberspace and in the real world transactions (merchant POS, ATMs).
  • Security – Smartchips and PIN options can ensure against unauthorized use.
  • Resilience – card-to-card transactions can be conducted even with no online connection – think Block-chain.
  • Risk-aversion – The informal economy and Black Markets are mitigated, thereby fostering tax revenues.
  • Far-reaching – Benefits outside of the payment transaction; the scheme increases the money supply (M1), which increases available bank capital for community investments.

The Bahamas is now embarking on this journey …

… this is a great First Step. See the full story here:

Title: Island Pay Licensed to Provide Electronic Money Solution in The Bahamas
NASSAU (GLOBE NEWSWIRE) – Island Pay, an electronic money mobile payment service provider has been granted a license by the Central Bank of The Bahamas. The Payment Service Provider license was issued after Island Pay met the qualifications  of the Regulations and Guidelines of the Central Bank’s mandatory requirements set out in the “Payment Instruments (Oversight) Regulations, 2017” that came into force on July 21th, 2017.

Island Pay has been granted the first license under these new Regulations.

Frank Svatousek, Island Pay CEO said, “the Central Bank regulates domestic payment service providers including retail banks, credit unions and money transmission businesses, but saw the need to establish a new class of provider, the payments institution. In  a recent paper titled Digital Currency – Extending the Payments System Modernisation Initiative the Central Bank recognized that the shrinking footprint of the retail banks coupled with the increased shift in payments towards electronic modes necessitated regulatory review and the creation of the Payment Service Provider.”

“Among the benefits of this new class of service provider,” Mr. Svatousek said, “is that our Bahamian customers will have cost effective and easy to use bill payment, person to person transfers, mobile top-up and merchant solutions. As a tokenized service, it is as secure as existing mobile payment services and all of our customers’ data is securely held in The Bahamas. The smartphone application, available for Android and iOS, allows users to manage the service with security and control from any island in The Bahamas.”

About Island Pay
Island Pay was founded in 2016.  The company recognizes the strong business case for mobile electronic money providers seeking to re-do the way consumers interact with payments, authentication and identity, especially in underserved areas of the globe. Before Island Pay, management co-founded Carta Worldwide and Mint Technology. More information can be found on the Island Pay website.

For further Information contact:

Frank Svatousek, CEO
Island Pay
media@islandpay.com

Source: Ltd posted October 9, 2018; retrieved October 28, 2019 from: https://www.globenewswire.com/news-release/2018/10/09/1618817/0/en/Island-Pay-Licensed-to-Provide-Electronic-Money-Solution-in-The-Bahamas.html

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VIDEO – Introducing the Island Pay Digital Wallet – https://youtu.be/NHP7tzTEW4M

Island Pay
Posted May 27, 2019 – Island Pay is the first Payment Service Provider licensed by the Central Bank of the Bahamas. The Island Pay Digital Wallet will allow users to load and withdraw cash at Island Pay locations, transfer money between friends, pay bills and purchase mobile minutes for friends at home and abroad. Island Pay Customers will be able pay in-store and online at participating merchants.

This First Step – regulatory framework – is just One Step closer to the vision of a regional e-Money currency for the full Caribbean. Yes, we can …

Conceive, Believe, Achieve
We have conceived this e-Money plan, and now we see the regulatory framework being put in place. This was the intent of the Go Lean book, to serves as a roadmap for the introduction and implementation of the Caribbean Union Trade Federation (CU) and the aligning Caribbean Central Bank (CCB), the issuer of Caribbean Dollar (C$). This Go Lean/CU/CCB roadmap depicts e-Money and Payment Cards as a hallmark of technocratic efficiency, with the agility to manage this deployment. This will affect all aspects of Caribbean society – economics, security and governance.

This reality of e-Money fits in with the quest of the Go Lean roadmap, to optimize all these societal engines. Notice how that aforementioned previous Go Lean blog-commentary identified vital areas in society that would be affected:

  • e-Government – The CU is prescribed as the regional administrator for ICT for the Single Market of 30 states and 42-million people. While the Caribbean Central Bank (CCB) will manage the region’s M1, they will embrace the e-Government mandate, calling for card-based, electronic payment options for all federal transactions and encouraging this mode for state/municipal/private facilitations as well. This means that the Caribbean dollar (C$) will be mostly cashless, an accounting currency much like the first years of the Euro. The CCB will settle all C$ electronic transactions (MasterCard-Visa style or ACH style) and charge interchange/clearance fees. – This scheme is fully defined on Page 198.
  • Cruise line passengers using smart-chips – The cruise industry needs the Caribbean more than the Caribbean needs the industry. But the cruise lines have embedded rules/regulations designed to maximize their revenues at the expense of the port-side establishments. The CU solution is to deploy a scheme for smartcards (or smart-phone applications) that function on the ships and at the port cities. This scheme will also employ NFC technology – see Appendix VIDEO below; (Near Field Communications; defined fully at Page 193 – so as to glean the additional security benefits of shielding private financial data of the guest and passengers. [This scheme will incentivize more spending among cruise line passengers.]
  • Electronic Commerce
    This holds the promise of “leveling the playing field” so that small merchants can compete against larger merchants. To facilitate e-Commerce, purchased merchandise must get to their destinations as efficiently as possible. The CU’s implementation of the Caribbean Postal Union allows for better logistics for package delivery. – Defined fully on Page 201.
  • Internet Marketplace / Social Media – The CU‘s web portal, www.myCaribbean.gov, will grant free access, email, IM, and profile pages for CU stakeholders, even normalizing communications thru social media sites. This will facilitate internet commerce activities in the region, as the CU will have hot data on profiles, habits and previous activities, thereby creating opportunities for measured marketing. – Defined fully on Page 198.
  • Government Benefits / Electronic Benefits Transfer (EBT) – This sub-system allows State welfare departments to issue benefits via magnetically encoded payment cards, used in the United States and the United Kingdom. Common benefits provided (in the United States) via EBT are typically of two general categories: food and cash benefits. – Defined fully on Page 353.
  • Unemployment Benefits – The CU‘s mandate for e-Delivery and e-Payment will make the unemployment benefits process more effective and more efficient. Claimants will be able to apply online or on the phone, and payments will be disbursed to debit/payment cards, as opposed to paper checks. (Payments will be in Caribbean dollars, even in Puerto Rico and the US Virgin Islands)- Defined fully on Page 89.
  • Remittance Solutions for Diaspora – By pursuing the e-Government / e-Payment strategy, the Caribbean Diaspora will be able to remit transfers back home by just loading values onto C$ payment cards [for free]. This simplified system will minimize transfer fees and furnish [Foreign Currency] (Fx) controls. – Defined fully on Page 154.

Having these many instances of electronic money solutions means that there must be a technocratic settlement / clearing entity. Enter the Central Bank of the Bahamas for the Bahamian offering. But for a regional deployment, Go Lean roadmap, we would need a regional Central Bank, enter the CCB.

Within its 370-pages, the Go Lean book provides details of the community ethos to adopt, plus the strategies, tactics, implementations and advocacies that are necessary to execute in order to deliver e-Money solutions to the Caribbean region. The book re-affirms the mantra that Internet & Communication Technologies (ICT) can be used as a great equalizer so that small nation-states can compete against large nation-states.

Update
Now a 2nd player – Kanoo – has entered the Bahamas Market – see samples (photos) of their Mobile App here:

————–

The points of effective, technocratic e-Money stewardship were further elaborated upon in many previous blog/commentaries. Consider this sample:

https://goleancaribbean.com/blog/?p=17515 Changing the Culture & Currency of Commerce
https://goleancaribbean.com/blog/?p=16836 Crypto-currency: Here comes ‘Trouble’
https://goleancaribbean.com/blog/?p=15923 Industrial Reboot – Payment Cards 101
https://goleancaribbean.com/blog/?p=14248 Leading with Money Matters – Almighty Dollar
https://goleancaribbean.com/blog/?p=10513 Transforming Money Countrywide – The Model of India
https://goleancaribbean.com/blog/?p=7034 The Future of Money
https://goleancaribbean.com/blog/?p=6635 New Security Chip in Credit Cards Unveiled
https://goleancaribbean.com/blog/?p=5668 Move over Mastercard/Visa, Time for Local Settlement
https://goleancaribbean.com/blog/?p=5210 Cruise Ship Commerce – Getting Ready for Change
https://goleancaribbean.com/blog/?p=4425 Cash, Credit or iPhone …
https://goleancaribbean.com/blog/?p=3889 RBC EZPay – Ready for Change
https://goleancaribbean.com/blog/?p=2074 MetroCard – Model for the Caribbean Dollar
https://goleancaribbean.com/blog/?p=1350 PayPal expands payment services to 10 markets
https://goleancaribbean.com/blog/?p=906 Bitcoin virtual currency needs regulatory framework to change image
https://goleancaribbean.com/blog/?p=528 Facebook plans to provide Fintech – Mobile payment services

One Step closer, is good progress, and is better than going in the wrong direction. An e-Money transformation will transform the economic landscape for the Caribbean region. This is good; our region needs a reboot!

In general, rebooting the region’s economics is not a new subject for this Go Lean movement; both the book and previous blog-commentaries have stressed rebooting. While every societal engine needs to be rebooted – including security and governance – all changes will stem from our economic initiatives. This was related in the opening of the Go Lean book as follows (Page 3):

The CU Trade Federation is a technocracy, empowered to reboot the economic engines of the member-states, by fostering new industries (new “purse”) across the entire region and deploying solutions to better exploit the opportunities of the global trade market.

Deploying e-Money solutions will be heavy-lifting; but it is worth all the hard work. Let’s lean-in to the Go Lean roadmap to reboot our economic-fiscal-monetary engines. Let’s build on this First Step; one country down, 29 more to go. (See the Appendix below, entitled “Island Pay Launches its first Caribbean Mobile Payment Solution in The Bahamas using Samsung technology”). This is how we can make our Caribbean homeland a better place to live, work and play.  🙂

About the Book
The book Go Lean…Caribbean serves as a roadmap for the introduction and implementation of the technocratic Caribbean Union Trade Federation (CU), for the elevation of Caribbean society – for all member-states. This CU/Go Lean roadmap has these 3 prime directives:

  • Optimize the economic engines in order to grow the regional economy to $800 Billion & create 2.2 million new jobs.
  • Establish a security apparatus to ensure public safety and protect the resultant economic engines ; where there is economic successes, “bad actors” always emerge, so there must be a solution for predictive and reactive mitigations and interdictions.
  • Improve Caribbean governance to support these above engines. This include a separation-of-powers between the member-states and CU federal agencies, including the independent administration of the Caribbean Central Bank.

The Go Lean book provides 370-pages of turn-by-turn instructions on “how” to adopt new community ethos, plus the strategies, tactics, implementations and advocacies to execute so as to reboot, reform and transform the societal engines of Caribbean society.

Download the free e-Book of Go Lean … Caribbean – now!

Who We Are
The movement behind the Go Lean book – a non-partisan, apolitical, religiously-neutral Community Development Foundation chartered for the purpose of empowering and re-booting economic engines – stresses that reforming and transforming the Caribbean societal engines must be a regional pursuit. This was an early motivation for the roadmap, as pronounced in the opening Declaration of Interdependence (Pages 12 – 14):

xi. Whereas all men are entitled to the benefits of good governance in a free society, “new guards” must be enacted to dissuade the emergence of incompetence, corruption, nepotism and cronyism at the peril of the people’s best interest. The Federation must guarantee the executions of a social contract between government and the governed.

xvi. Whereas security of our homeland is inextricably linked to prosperity of the homeland, the economic and security interest of the region needs to be aligned under the same governance. Since economic crimes … can imperil the functioning of the wheels of commerce for all the citizenry, the accedence of this Federation must equip the security apparatus with the tools and techniques for predictive and proactive interdictions.

xxiv.  Whereas a free market economy can be induced and spurred for continuous progress, the Federation must install the controls to better manage aspects of the economy: jobs, inflation, savings rate, investments and other economic principles. Thereby attracting direct foreign investment because of the stability and vibrancy of our economy.

xxvii. Whereas the region has endured a spectator status during the Industrial Revolution, we cannot stand on the sidelines of this new economy, the Information Revolution. Rather, the Federation must embrace all the tenets of Internet Communications Technology (ICT) to serve as an equalizing element in competition with the rest of the world. The Federation must bridge the digital divide and promote the community ethos that research/development is valuable and must be promoted and incentivized for adoption.

Sign the petition to lean-in for this roadmap for the Caribbean Union Trade Federation.

—————–

Appendix – Island Pay Launches its first Caribbean Mobile Payment Solution in The Bahamas using Samsung technology

NASSAU (GLOBE NEWSWIRE) — Island Pay, an electronic money mobile payment provider, will roll out the Contactless Companion Platform (CCP) – a digital cash service allowing consumers to load money onto cards, fobs and a range of wearable items.  The new service will allow Bahamians and visitors alike to make contactless payments between themselves or with Island Pay merchants across the whole of the island archipelago. CCP is running on secure chip technology from Samsung Semiconductor, the software application platform is provided by Smartlink, a Swiss fintech specializing in mobile and alternative payment solutions.

Frank Svatousek, Island Pay CEO said, “By adding Smartlink to the Island Pay platform we bring immediate, critical benefits to our Bahamian customers including easy bill payment, mobile top-up and merchant solutions. The launch of the Island Pay cashless payment system, licensed by the Central Bank of The Bahamas, comes at a time when bricks and mortar banks are reducing their footprint allowing us to serve the under-banked as well as the un-banked.”

The Smartlink CCP solution brings contactless digital cash to everyone in all levels of society,” says Eric La Marca, CEO and founder of Smartlink. “With CCP in place, you can make contactless payments via any enabled device of your choice, whether it’s a dedicated smart card, wristband, key fob, or even your smart watch or ring. As long as it’s able to accommodate the secure chip technology from Samsung, there’s hardly any shape or size limit.”

Among the benefits of Island Pay Mr. Svatousek explained that, “It’s a tokenized service, making it as secure as existing mobile payments services. It gives parents the ability to safely transfer money to their children and ensure they can only spend it on what the parents want and with its Web-based or smartphone app interface, available for iOS and Android, it allows users to manage the service and deactivate the chip in the card, fob or wearable item if it is lost. We are thrilled to be working with Samsung and Smartlink as it brings together a powerful combination of security, control and utility for our consumers throughout The Bahamas.”

About Island Pay
Island Pay was founded in 2016.  The company recognizes the strong business case for mobile electronic money providers seeking to re-do the way consumers interact with payments, authentication and identity, especially in underserved areas of the globe. Before Island Pay, management co-founded Carta Worldwide and Mint Technology. More information can be found on the Island Pay website.

About Smartlink SA
Smartlink SA, a fintech company based in Switzerland, is a pioneer in the payment industry. Smartlink offers an award-winning platform to banks and card issuers seeking a first-class mobile wallet application. Its innovation team has recently developed the disruptive Contactless Companion Platform which will be deployed worldwide, to facilitate cashless societies using Digital Cash. For more information, please visit www.smartlink.ch

For further Information contact:

Frank Svatousek, CEO
Island Pay
media@islandpay.com

Sébastien Piolat
Smartlink SA
sebastien.piolat@smartlink.ch

Source: Island Pay Ltd posted September 11, 2018; retrieved October 28, 2019 from: https://www.globenewswire.com/news-release/2018/09/11/1568977/0/en/Island-Pay-Launches-its-first-Caribbean-Mobile-Payment-Solution-in-The-Bahamas-using-Samsung-technology.html

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Appendix VIDEO – Island Pay discusses Samsung NFC technology – https://youtu.be/aBcBtcHE7Hs

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UPDATE: The Most Powerful Woman in the World

Posted on October 25, 2019 in Ethos, Government, Social

Update – Go Lean Commentary

There are many female political leaders; think Prime Ministers, Presidents and of course Monarchs, i.e. Queen Elizabeth II.

Who, among them, wields the most power? Neither!

[Introducing] ”The most powerful woman in the world: Christine Lagarde” – 60 Minutes October 20, 2019 story.

The correct answer is Christine Lagarde, the former Minister of Finance (2007–2011) for France, who then led the International Monetary Fund for 8 years (2011–2019) and who now will assume the role of President of the European Central Bank (ECB) starting November 1, 2019. See this related news article here:

Title – What to expect from ECB’s new President Christine Lagarde?
By: Giles Coghlan
On November the first Christine Lagarde will take over the Presidency of the European Central Bank. She inherits an ECB in 2019 in a very similar position to Mario Draghi had in 2011 which is a climate of global uncertainty and  political instability. Draghi started his time at the ECB vowing to do ‘whatever it takes’. His last hurrah  last month can be summarised as him being willing to stick the course for ‘as long as it takes’ in terms of using easier policy to support the economy. He also looked outside of the bank for Fiscal policy stimulus as a necessary future assistance.

So what will Lagarde do? Current expectations are that she will carry on where Draghi left off. Bloomberg reported that in terms of Governing Council politics she will have an ally with Germany’s nomination of Isabel Schnable. Schnable is an academic economist with a track record of defending monetary stimulus against attacks from fellow Germans. With her on the council Lagarde will have an ally making her job much easier in leading the ECB.

So, in a nutshell, expectations are for more of the same from Lagarde as we had from Draghi.

Source: Posted by Bloomberg.com October 25, 2019 from: https://www.forexlive.com/news/!/what-to-expect-from-ecbs-new-president-christina-lagarde-20191025

Christine Lagarde’s authority is not a vesting of political power; she has only been appointed to these roles, due to her core competence with monetary policies and controls, but yet she has exceeded the terms of all of those who appointed her.

Madame Lagarde wields economic power …

… this could be more impactful than anything political or military. The IMF holds a treasure chess of $1 Trillion and her new jobs as President of the ECB puts her in charge of the 2nd largest money supply in the world. See this depicted in the VIDEO here, based on the TV News Magazine 60 Minutes:

VIDEO – Christine Lagarde on the global economy: We are all in this together – https://cbsn.ws/35LGjmC

Published on October 20, 2019 – As she leaves her position as head of the International Monetary Fund to run the European Central Bank, Christine Lagarde tells John Dickerson about the possible signs of a global recession.

Christine Lagarde has been discussed before in a Go Lean commentary. See this previous blog-commentary from January 17, 2019:

… the overt favoritism of economic bailouts toward White Westerners was exposed and commiserated. This reflects the need for reconciliation. For the Caribbean, considering our European history, presence and future, we need to participate in this reconciliation. See this article here addressing the flawed favoritism of the International Monetary Fund (IMF), (the intergovernmental financial institution composed of 189 countries working to foster global monetary cooperation, secure financial stability, facilitate international trade, promote high employment and sustainable economic growth, and reduce poverty around the world”). It appears that the ‘International’ in the brand IMF has not been as global as they claimed.

… the lacerating verdict of the IMF’s top watchdog on the fund’s tangled political role in the eurozone debt crisis, the most damaging episode in the history of the Bretton Woods institutions.

It describes a “culture of complacency”, prone to “superficial and mechanistic” analysis, and traces a shocking breakdown in the governance of the IMF, leaving it unclear who is ultimately in charge of this extremely powerful organisation.

The report by the IMF’s Independent Evaluation Office (IEO) goes above the head of the managing director, Christine Lagarde. It answers solely to the board of executive directors, and those from Asia and Latin America are clearly incensed at the way European Union insiders used the fund to rescue their own rich currency union and banking system.

The European Central Bank has also been discussed in many Go Lean commentaries before. See this list of sample previous blog-commentaries:

https://goleancaribbean.com/blog/?p=13744 Failure to Launch – Economics: The Quest for a ‘Single Currency’
ECB and the Eurosystem to take care of the “Euro” currency; their roles and tasks to monitor-manage inflation and price stability.
https://goleancaribbean.com/blog/?p=3858 ECB unveils 1 trillion Euro stimulus program
This commentary reports on the Stimulus move by the European Central Bank (ECB) to mitigate falling aggregate demand in their regional economy. It explains that economic news from Europe is germane for Caribbean consideration as that region is our largest trading partner after North America; plus the Dutch and French Caribbean member-states are directly impacted. Lastly, the Go Lean roadmap is modeled after the structures of the EU and the ECB.
https://goleancaribbean.com/blog/?p=833 One currency, divergent economies
Europe has the safety net of the economies-of-scale of 508 million people and a GDP of $15 Trillion in 28 member-states in the EU; (the Eurozone subset is 18 states, 333 million people and $13.1 Trillion GDP). The US has 50 states and 320 million people. Shocks and dips can therefore be absorbed and leveraged across the entire region. The EU is still the #1 economy in the world; the US is #2.
The Go Lean roadmap calls for the establishment of the allied Caribbean Central Bank (CCB) to manage the monetary affairs of this region. The book describes the breath-and-width of the CCB, modeled in many ways after the ECB.
https://goleancaribbean.com/blog/?p=360 How to Create Money from Thin Air
The system of Central Bank Reserves and the commercial banks facilitating deposits and loans in a continuous cycle, allows money to be “created from thin air”. The Caribbean Central Bank is modeled after the European Union and the European Central Bank (ECB). The CCB leaders will be schooled in the arts and sciences of monetary affairs by the ECB.

A discussion of Christine Lagarde is more than just a discussion of monetary policy; no, it is also a consideration of “Women in Power”. As detailed in a previous blog-commentary by the movement behind the 2013 book Go Lean … Caribbean, “there is no doubt that more and more women need to be engaged in societal leadership” – men have often ruled with disregard for the needs of women – so there should be more female participation in economic policy-making and optimization. For this, Christine Lagarde is a role model. That previous blog-commentary stated:

The Go Lean movement advocates for more women in position of authority and decision-making in the new Caribbean. Why is this necessary?

Simple: With 50% of the population, there is the need for 50% of the representation; (this is the target). …
Among the crises that the region contends with is human flight, the brain drain or abandonment of the highly educated citizenry. Why do they leave? For “push-and-pull” reasons!

“Push” refers to deficient conditions at home that makes people want to flee. “Pull” refers to better conditions abroad that appeals to Caribbean residents. They want that better life.

We want that better life right here in the Caribbean. We want skilled, empowered professional women to feel welcome and to be invited to execute their core-competence right here in our homeland. That previous blog-commentary continues:

Consider the example of Rwanda. …  This country has endured a lot (Genocide in the 1990’s between Hutu and Tutsi tribes). Now, despite being a poorer African country, they have healed a lot of social issues. They now have many women in policy-making roles; and they have  transformed their society and now feature a great turn-around story.

Change has come to the Caribbean. As the Go Lean roadmap depicts, there is the need to foster more collaboration and optimization in the region’s economic and governing eco-system. This must include all ready, willing and able-minded stakeholders, men or women.

Let’s get started! Let get more able-minded people in economic, fiscal and monetary governance. Let’s lean-in to this Go Lean roadmap and make our Caribbean homeland a better place to live, work and play. 🙂

About the Book
The book Go Lean…Caribbean serves as a roadmap for the introduction and implementation of the technocratic Caribbean Union Trade Federation (CU) and the Caribbean Central Bank (CCB), for the elevation of Caribbean society – for all member-states. This CU/Go Lean roadmap has these 3 prime directives:

  • Optimization of the economic engines in order to grow the regional economy to $800 Billion and create 2.2 million new jobs.
  • Establishment of a security apparatus to ensure public safety and protect the resultant economic engines.
  • Improve Caribbean governance to support these engines, including a separation-of-powers between the member-states and CU federal agencies.

The Go Lean book provides 370-pages of turn-by-turn instructions on “how” to adopt new community ethos, plus the strategies, tactics, implementations and advocacies to execute so as to reboot, reform and transform the societal engines of Caribbean society.

Download the free e-Book of Go Lean … Caribbean – now!

Who We Are
The movement behind the Go Lean book – a non-partisan, apolitical, religiously-neutral Community Development Foundation chartered for the purpose of empowering and re-booting economic engines – stresses that reforming and transforming the Caribbean societal engines must be a regional pursuit. This was an early motivation for the roadmap, as pronounced in the opening Declaration of Interdependence (Pages 12 – 13):

xi. Whereas all men are entitled to the benefits of good governance in a free society, “new guards” must be enacted to dissuade the emergence of incompetence, corruption, nepotism and cronyism at the peril of the people’s best interest. The Federation must guarantee the executions of a social contract between government and the governed.

xvi. Whereas security of our homeland is inextricably linked to prosperity of the homeland, the economic and security interest of the region needs to be aligned under the same governance. Since economic crimes … can imperil the functioning of the wheels of commerce for all the citizenry, the accedence of this Federation must equip the security apparatus with the tools and techniques for predictive and proactive interdictions.

xxi. Whereas the preparation of our labor force can foster opportunities and dictate economic progress for current and future generations, the Federation must ensure that educational and job training opportunities are fully optimized for all residents of all member-states, with no partiality towards any gender or ethnic group. The Federation must recognize and facilitate excellence in many different fields of endeavor, including sciences, languages, arts, music and sports. This responsibility should be executed without incurring the risks of further human flight, as has been the past history.

xxiv. Whereas a free market economy can be induced and spurred for continuous progress, the Federation must install the controls to better manage aspects of the economy: jobs, inflation, savings rate, investments and other economic principles. Thereby attracting direct foreign investment because of the stability and vibrancy of our economy.

Sign the petition to lean-in for this roadmap for the Caribbean Union Trade Federation. 

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Refuse to Lose – Direct Foreign Investors ‘Wind-Downs’

Posted on October 23, 2019 in Ethos, Industries, Tactical

Go Lean Commentary

Give and Take …

It is hard to get one without the other. Everything of value has a cost associated with it. That cost may be paid in time, talent or treasury. There is nothing for free.

So for you Caribbean people, who want Direct Foreign Investors, here’s a BIG question: Are you willing to pay the price?

Investors will give …
They will want to take as well.

Not all investors will get their return; not all investments work; not all “bets” win.

Some will actually lose!

How do we Refuse to Lose and yet technocratically manage unsuccessful business endeavors?

It’s call a “Wind Down”:

Definition of wind down – per Merriam-Webster

intransitive verb:
1: to draw gradually toward an end; i.e. the party was winding down
2: RELAX, UNWIND wind down with a good book

transitive verb:
to cause a gradual lessening of usually with the intention of bringing to an end

There is an Art and Science to this process; its called “Fail Fast“. Yes, we can adopt the community ethos to Refuse to Lose – a commitment by a group or society to the values of quality, success and winning – yet still judiciously manage failures, non-success and bankruptcies.

See this related in the AUDIO-Podcast here:
AUDIO-Podcast – When Failure Is A 4-Letter Word – https://www.npr.org/2019/07/05/738963753/when-failure-is-a-four-letter-word

Posted July 10, 2019 – Silicon Valley gurus tell you to “Fail Fast.” But what if you live in a place where the shame of failure is so strong, and the barriers to success so steep, that the “Failure-Is-Good” advice feels dangerous?

Today, we hear from entrepreneurs around the world who are rewriting the failure mantra to fit the places they live. In the process, they’re changing how their society judges winners and losers.

In summary, Failing Fast (or Failing Forward) allows for quality, success, and winning to come faster. Think “1 step backwards, 2 steps forward”. This is an important consideration for a new Caribbean, where Return of Investment is a priority. See this excerpt from the book Go Lean…Caribbean, (Page 24), a roadmap for the Caribbean Union Trade Federation (CU):

Return on Investments (ROI)
While the CU must govern to meet the current needs of it stakeholders, there must always be a future focus. A lot of CU initiatives must be embarked on for the future return of present investments. This also applies to basic services like education. For the region, fields of study in the class room should reflect not just the realities in the current job market, but also where the job market is moving to. So while there may be no need to teach typing and shorthand, there is abundant need to teach computer programming, web site design and “mobile app” development.

Can the community expect a reasonable return on such educational investments? Absolutely. But only if the graduates remain in the region. Therefore the community ethos must be to embed incentives and inducements to dissuade emigration; as in forgive-able student loans, on-the-job training employment contracts, paid apprenticeships, etc. This ethos also translates into governing principles for federally sponsored business incubators, R&D initiatives, entrepreneurship programs and the regional implementation of Self-Governing Entities (SGE).

This commentary completes the series on the Refuse to Lose ethos; this is Part 6-of-6. The full series is cataloged as follows:

  1. Refuse to Lose: Lesson from Sports
  2. Refuse to Lose: Remediating ‘Columbus Day’
  3. Refuse to Lose: Introducing Formal Reconciliations
  4. Refuse to Lose: Despite American Expansionism
  5. Refuse to Lose: Canada’s Model of Ascent
  6. Refuse to Lose: Direct Foreign Investors Wind-Downs

It is the assertion of this series of commentaries that the Caribbean can win, despite occasional mis-steps or investments with no returns. Yes, we can “Refuse to Lose” despite bankruptcy. We can facilitate technocratic wind-downs.

The Go Lean book presents a full eco-system for “winding-down” failed business endeavors. It detailed a Bankruptcy process for the Caribbean region, where this scope would be the exclusive jurisdiction of the CU Courts. (This is where ‘give and take’ is so important – if you want all the benefits that the Go Lean roadmap brings, you have to give up the responsibility of this vital area. This means ceding to the authority of the CU over the sovereignty of the member-state). See this excerpt from the book (Page 33) here:

10 Ways to Impact Turn-Arounds – #2: Bankruptcy Processing
Upon acceding this treaty, all bankruptcy processing in the region will be assimilated under the CU Federal Courts – applying to individuals, companies and even municipalities – thereby bringing protection to plaintiffs, but also balance and fairness to creditors. (Bankruptcy’s “turn-around” motives would therefore “trump” any preservationist objectives). To apply lessons learned in Detroit in 2008, the CU will apply strategies similar to the federal “managed bankruptcy” for GM/Chrysler to ensure a turn-around of the automotive industry and locales.

Among the 370-pages of the Go Lean book are the turn-by-turn instructions on “how” … to adopt the new community ethos for “Return on Investment”. All investments will not produce a return, we therefore want to Fail Fast, so that we can go back to winning. This means the regional bankruptcy process must also be restructured within this regional economic and governmental reboot. The book presents the strategies, tactics, implementations and advocacies to execute so as to facilitate Caribbean bankruptcies. See this sample of direct Bankruptcy (or “wind-downs”) references in the book:

Page 114 10 Ways to Better Manage Debt – #5: CU Federal Bankruptcies
When debt become too excessive and can no longer be managed by the debtor, the usual solution is bankruptcy. Most advanced economies even allow for governmental entities to avail this privilege. The CU treaty will grant this oversight (and receivership) to CU federal courts, with a mandate to lean towards reorganization, rather than outright dismissal of legitimate debt, though all creditors may have to take a “hair-cut” (minor loss). The courts will appoint direct receivership to Trustees to facilitate the processing of the bankruptcy obligations for municipalities, companies and individuals.
Page 114 10 Ways to Better Manage Debt – #5: Credit Reporting – Sharpening the Tool
With the threat of loss due to a heavy debt induced bankruptcy, there is the need to monitor and assess the collectability of potential and current debtors. This justifies the need for regional credit reporting systems, for individual and institutions. In order to facilitate a win-win from the interest economy, lenders/investors need to know of risks associated with debt.
Page 116 10 Ways to Impact Elections – #5: Campaign Accounting, Debt and Bankruptcy Processing
The CU system will designated each campaign as an incorporated public entity, requiring quarterly reports-disclosures, official payroll and financial accountability. Candidates/campaigns and vendors can even seek bankruptcy protection.
Page 136 10 Lessons Learned from 2008 – #8: Leverage – Common Sense Restraints
Banking risk is managed by controlling leverage, the magnifying factor compared to equity that borrowing money allows for a bank. Banking regulations best practices keeps leverage amount near 12-to-1. In 2008, Lehman Brothers leverage rate was pegged at 31-to-1; the more they borrowed the less capital equity they featured, so profits, and losses, were magnified. The mortgage crisis led to Lehman Brothers massive losses, then bankruptcy; the US largest at $691 Billion.
Page 136 10 Lessons from Detroit – #2: Michigan Take-over
In March 2013, the Governor declared the city insolvent and appointed an Emergency Manager. By July, the city declared bankruptcy. The city had a $327 million deficit, faced more than $14 billion in long term debt and was making ends meet on a daily basis with the help of bond money held in a State escrow account. Austerity and truncated city services ensued; Detroit was a failed city! The CU will apply the lesson by managing Failed-States crises and emergency response for disasters.
Page 136 10 Lessons from Detroit – #3: GM / Chrysler 2008 Bankruptcy
The Great Recession of 2008, plummeted auto sales, access to credit evaporated and the Detroit Three approached insolvency. Declines in Detroit Three production result in losses in US employment, income, and government revenues. To mitigate, the US Federal government coordinated a “managed bankruptcy” for GM and Chrysler; (Ford limped with-out one). The CU treaty allows for the regulation of bankruptcy at the federal level to ensure justice in re-organizations.
Page 136 10 Lessons from Detroit – #4: TARP Bail-out
The “managed” descriptor for the GM/Chrysler bankruptcy entailed $79.7 billion in loans and capital injections (bail-out) from the Toxic Assets Relief Plan (TARP) of October 2008. GM/Chrysler was able to short-pay many creditors, protect pensions and “start anew”. GM re-incorporated and made an IPO of stock in 2010. For the fiscal year of 2010, GM reported profits, interpreted by many Analysts as an industry rebound and an economic recovery for the Detroit
Page 155 10 Ways to Improve Credit Ratings – #8: Bankruptcy
The CU will manage bankruptcies (dissolution and reorganization) for individuals, companies and municipalities. Overseeing this process at the federal level will bring balance and fairness to the creditors and avoid abuse by debtors.
Page 160 10 Ways to Impact Student Loans – #5: Non-Dischargeable with Bankruptcy
The CU will assume jurisdiction over the region’s bankruptcy (BK) process for individuals, and institutions. To guarantee student loan collections, they will be exempted from discharging student loans in the BK process. This strategy guarantees that loans will be collected …eventually. This guarantee lowers the cost/risk for the capital needed for loans.
Page 168 10 Ways to Improve Governance – #8: Economic Crimes and Bankruptcy Jurisdiction
CU agencies will assume jurisdiction for economic crimes; those can have a systemic threat on the region’s financial institutions and economic engines; these includes bank & mail fraud, securities fraud, constitutional-judicial-officers offenses (public integrity), kidnapping, enterprise corruption/RECO, and cyber-crimes. All bankruptcies, individual, companies and municipalities will be litigated at the federal level, so as to assuage abuse and colloquialism.
Page 199 10 Reforms for Banking Regulations – #10: Bankruptcy Reform
The CU will manage bankruptcy for individual, companies and municipalities. This will bring balance and fairness to the creditors and avoid abuse by debtors on student loans, mortgages and other consumer, corporate & institutional debt.
Page 218 10 Ways to Preserve Caribbean Heritage – #9: Turn-around Strategies
While “turn-arounds”, as in the case of Bankruptcies, pursue the economic obligations more so than preservation objectives, the CU, with BK processing at the federal level, will intercede so as to apply a “managed bankruptcy” approach whenever preservation is an issue. This is a lesson learned from the Detroit Auto Makers’ filing in 2008.

The subject of Bankruptcy processing has been addressed in many previous commentaries; consider this sample list here:

https://goleancaribbean.com/blog/?p=17373 Marshall Plan – A Wind-Down/Turn-Around for Haiti
https://goleancaribbean.com/blog/?p=17371 Marshall Plan – A Wind-Down/Turn-Around for Cuba
https://goleancaribbean.com/blog/?p=17379 Marshall Plan – A Wind-Down/Turn-Around for Puerto Rico
https://goleancaribbean.com/blog/?p=16668 Justice and Economics – Reformed Bankruptcies can forge change
https://goleancaribbean.com/blog/?p=16522 Reconciling the IMF’s Past, Present & Future for Sovereign Reboots
https://goleancaribbean.com/blog/?p=15965 Retail Apocalypse and Sears Bankruptcy; Another One Bites the Dust
https://goleancaribbean.com/blog/?p=15796 Lessons Learned from 2008: Righting The Wrong in Housing Industry
https://goleancaribbean.com/blog/?p=15787 Lessons Learned from 2008: Too Big to Fail –vs- Too Small to Thrive
https://goleancaribbean.com/blog/?p=11647 Righting a Wrong: Puerto Rico’s Bankruptcy
https://goleancaribbean.com/blog/?p=3311 Detroit’s Exit from their Historic Bankruptcy

Refusing to Lose and bankruptcies …

… it is amazing how these two subjects align together.

For those with a Judeo-Christian background, the emphasis on repentance and redemption should be familiar:

“a saint is just a sinner who fell down and get back up” – Song “We Fall Down” by Gospel Great Donnie McClurkin

Yes, the old concept of “falling down and getting right back up” is just the new concept of Failing Fast.

The more things change … the more they remain the same.

Winning and Refusing to Lose will help the Caribbean to be a better homeland to live, work and play. But, all efforts will not be successful, and that’s OK. We do not undermine our Refuse to Lose ethos if we Fail Fast and turn-around to adapt to the resultant lessons-learned and analyzed best practices.

This is the nature of a technocracy.

The term technocracy was originally used to designate the application of the scientific method to solving social & economic problems, in counter distinction to the traditional political or philosophic approaches. – Go Lean book Page 64.

The culture of winning and  Refusing to Lose is viable for the new Caribbean. This is conceivable, believable and achievable. Let’s get busy!  🙂

About the Book
The book Go Lean…Caribbean serves as a roadmap for the introduction and implementation of the technocratic Caribbean Union Trade Federation (CU), for the elevation of Caribbean society – for all member-states. This CU/Go Lean roadmap has these 3 prime directives:

  • Optimization of the economic engines in order to grow the regional economy to $800 Billion and create 2.2 million new jobs.
  • Establishment of a security apparatus to ensure public safety and protect the resultant economic engines.
  • Improve Caribbean governance to support these engines, including a separation-of-powers between the member-states and CU federal agencies.

The Go Lean book provides 370-pages of turn-by-turn instructions on “how” to adopt new community ethos, plus the strategies, tactics, implementations and advocacies to execute so as to reboot, reform and transform the societal engines of Caribbean society.

Download the free e-Book of Go Lean … Caribbean – now!

Who We Are
The movement behind the Go Lean book – a non-partisan, apolitical, religiously-neutral Community Development Foundation chartered for the purpose of empowering and re-booting economic engines – stresses that reforming and transforming the Caribbean societal engines must be a regional pursuit. This was an early motivation for the roadmap, as pronounced in the opening Declaration of Interdependence (Pages 12 – 13):

xi. Whereas all men are entitled to the benefits of good governance in a free society, “new guards” must be enacted to dissuade the emergence of incompetence, corruption, nepotism and cronyism at the peril of the people’s best interest. The Federation must guarantee the executions of a social contract between government and the governed.

xvi. Whereas security of our homeland is inextricably linked to prosperity of the homeland, the economic and security interest of the region needs to be aligned under the same governance. Since economic crimes … can imperil the functioning of the wheels of commerce for all the citizenry, the accedence of this Federation must equip the security apparatus with the tools and techniques for predictive and proactive interdictions.

xxiv.  Whereas a free market economy can be induced and spurred for continuous progress, the Federation must install the controls to better manage aspects of the economy: jobs, inflation, savings rate, investments and other economic principles. Thereby attracting direct foreign investment because of the stability and vibrancy of our economy.

Sign the petition to lean-in for this roadmap for the Caribbean Union Trade Federation.

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Refuse to Lose – Canada’s Model of Ascent

Posted on October 21, 2019 in Ethos, Locations, Strategy

Go Lean Commentary

10 Lessons from Canada’s History – #6 – Neighbor: Frienemy
What is a frienemy?
“Frenemy” (also spelled “frienemy”) is an oxymoron and a portmanteau of “friend” and “enemy” that refers to “a person with whom one is friendly, despite a fundamental dislike or rivalry” or “a person who combines the characteristics of a friend and an enemy”. – Wikipedia.

In the last submission in this series, it was established that “Yes, we can” succeed in competition with the US despite the dominance of the American hegemony.

Canada does! 

They are the greatest example of a Frienemy, in their association with the US. They cooperate and they compete. The have beaten America in the past and continue to do so even today. Just look, at their recent victories here in the sporting world:

VIDEO – Canada beats USA in soccer for the first time in 34 years! – https://www.bttoronto.ca/videos/canada-beats-usa-in-soccer-for-the-first-time-in-34-years/

Canada wins 2-0 against USA in soccer and Kyle Lowry officially signs his contract extension with the Raptors.

In truth, all neighboring countries are in competition with the US, if only to retain their citizens from “taking their talents to South Beach“. So many of the Caribbean Diaspora have taken their talents to “South Beach, South Toronto or South London”. The economic impact of their absence has been duly noted in research and analysis and the conclusion is bad:

Caribbean loses over 70% of tertiary educated citizens to the brain drain

What more can we learn from Canada, from their turn-around of losing and ascent to a competitive super-power on their own?

Consider the history highlights here, (and the depictions in the Appendix VIDEO below):

While the United States of America got its start in 1776 – by declaring and fighting for freedom from Great Britain – Canada was not formed as a nation until 1867, almost 100 years later. During those “Bad Old Days”, they could only stand idly by and watch the US take … parts of Maine, Northwest Territory, Oregon Territory, etc.. The purpose of their 1867 Confederation was the uniform quest to: Stand its Ground against America.

They – Canada – got sick and tired of being “sick and tired” and finally developed the attitude to:

Refuse to lose – a commitment by a group or society to the values of quality, success and winning.

If we model Canada’s example and adopt this attitude then we too will believe that we can compete with the US and even be better. This is a theme in the 2013 book Go Lean…Caribbean; it serves as a roadmap for the Caribbean to be a better homeland to live, work and play. This commentary continues the series on the Refuse to Lose ethos; this is Part 5-of-6. The full series is cataloged as follows:

  1. Refuse to Lose: Lesson from Sports
  2. Refuse to Lose: Remediating ‘Columbus Day’
  3. Refuse to Lose: Introducing Formal Reconciliations
  4. Refuse to Lose: Despite American Expansionism
  5. Refuse to Lose: Canada’s Model of Ascent
  6. Refuse to Lose: Direct Foreign Investors Wind-Downs

It is the assertion of this series of commentaries that the Caribbean can win, despite American dominance. How can we win or “Refuse to Lose“? Among the many strategies, tactics and implementations embedded in the Go Lean roadmap is the goal to learn the lessons from Canada’s history.

Among the 370-pages of the Go Lean book are the turn-by-turn instructions on “how” … to adopt new community ethos. The book presents the strategies, tactics, implementations and advocacies to execute so as to lose less often and win more. The book presented one advocacy on Lessons from Canada – their 150-Plus-years of history – entitled: 10 Lessons from Canada’s History; (Page 146). Consider some specific plans, excerpts and headlines from that advocacy in the book, here:

1 Lean-in for the Caribbean Single Market
This treaty calls for the confederation of the Caribbean region into a single market of 30 member-states and 42 million people, similar to the original 1867 confederation for Canada. The history of Canada synchronizes with the aspirations of the CU Trade Federation. In this Canadian context, confederation generally describes the political process that united the colonies in the 1860s and related events, and the subsequent incorporation of other colonies and territories. Today, Canada is a “G8” advanced economy, made up of 10 provinces and 3 territories, ranking among the largest in the world, due its abundant natural resources and well-developed trade networks, including one with the US, a long and complex relationship. Canada has been a Northern Star, as a guide and refuge to Caribbean hopes and dreams.
2 Confederation for Defense – Strength in Numbers
The American Civil War caused security threats for Canada. The Union (US North) encouraged Irish immigration and sourced their Army (a million-man strong) with many Irish fighters. Since many Irish immigrants maintained animosity towards the British, there were documented cases of terroristic attacks against Canadian targets, i.e. the Fenian (an Irish Brotherhood) raids. This corresponded with the Little Englander philosophy, whereby Britain no longer wanted to maintain troops in its colonies.Confederation was therefore necessary to promote security for the related colonies of Ontario, Quebec, New Brunswick and Nova Scotia – amounting to a population of slightly over 2 million people
3 Multiple Cultural Legacies and Languages
4 Better than a Republic – (Civil War Lesson for a Technocracy)
5 Assuage Human Flight – Provide Alternative
6 Neighbor: Frienemy
Despite the cooperation needed for the St. Lawrence Waterway – (see Appendix UA) – the stated US desire, doctrine of Manifest Destiny, was to govern the entire North American continent. The US had fought wars against English-Canada interests and many believed that the US would annex the other colonies governed directly by England, as the US acquired the Oregon Territory. These reasons provided the motivation for the initial Canadian Confederation to expand from coast-to-coast, and serve as a role-model for the CU to target the entire region of the Caribbean Sea geography.
7 Aboriginal Relations Need Local Governance
8 Mastering Natural Resources
9 Federal / Provincial Outsourcing
10 Population Concerns – Not enough Natural Growth
Canada could not contend with the aging population (more retirees with fewer workers); they adapted a liberal immigration policy in the past decades and now their 2011 census counted 33,476,688, up over 6% in 5 years, and 20% over 20 years. The CU has the same challenge and needs its confederation to assuage the negative actuary equations.

Canada has ascended – now a “G8” advanced economy country – despite being in the shadows of the US. We, in the Caribbean can ascend too.

The subject of the Canada’s role model have been addressed in many previous commentaries; consider this sample list here:

https://goleancaribbean.com/blog/?p=15662 Manifesting High-Tech Neighborhoods in Toronto, Canada
https://goleancaribbean.com/blog/?p=14954 Overseas Workers – even to Canada – not an ideal solution
https://goleancaribbean.com/blog/?p=14541 Viola Desmond – One Canadian Woman Made a Difference
https://goleancaribbean.com/blog/?p=14174 Canada: “Follow Me” for Model on ‘Climate Change’ Action
https://goleancaribbean.com/blog/?p=13321 ‘Pluralistic Democracy’ – Canada’s Model of a Multilingual Society
https://goleancaribbean.com/blog/?p=12369 Canada @ 150 Years Old – Happy Canada Day 2017
https://goleancaribbean.com/blog/?p=12322 Canadian Model for Ferries: Economics, Security and Governance
https://goleancaribbean.com/blog/?p=9480 10 Things We Want from Canada and 10 Things We Do Not Want
https://goleancaribbean.com/blog/?p=6937 Women in Politics – Canada’s Model of Political Equality
https://goleancaribbean.com/blog/?p=3694 Jamaica-Canada employment program generate millions for economy
https://goleancaribbean.com/blog/?p=3582 For Canadian Banks that Invest Regionally: Caribbean is a ‘Bad Bet’
https://goleancaribbean.com/blog/?p=510 Florida’s Chilly Welcome for Canadian Snowbirds – Bad Model

In many ways, Canada has presented the ethos of Refuse to Lose to their American neighbors and have benefited as a result. They may not always win, but they Refuse to Lose and this makes them a better homeland in their pursuits of “life, liberty and happiness” and their overall goal to be a more harmonious society – a more perfect union.

We need that same Refuse to Lose ethos for the Caribbean Way Forward so that we can start winning. We have lose too much already. We hereby urge every Caribbean stakeholder to Refuse to Lose; this is how we will make our homeland a better place to live, work and play.  🙂

About the Book
The book Go Lean…Caribbean serves as a roadmap for the introduction and implementation of the technocratic Caribbean Union Trade Federation (CU), for the elevation of Caribbean society – for all member-states. This CU/Go Lean roadmap has these 3 prime directives:

  • Optimization of the economic engines in order to grow the regional economy to $800 Billion and create 2.2 million new jobs.
  • Establishment of a security apparatus to ensure public safety and protect the resultant economic engines.
  • Improve Caribbean governance to support these engines, including a separation-of-powers between the member-states and CU federal agencies.

The Go Lean book provides 370-pages of turn-by-turn instructions on “how” to adopt new community ethos, plus the strategies, tactics, implementations and advocacies to execute so as to reboot, reform and transform the societal engines of Caribbean society.

Download the free e-Book of Go Lean … Caribbean – now!

Who We Are
The movement behind the Go Lean book – a non-partisan, apolitical, religiously-neutral Community Development Foundation chartered for the purpose of empowering and re-booting economic engines – stresses that reforming and transforming the Caribbean societal engines must be a regional pursuit. This was an early motivation for the roadmap, as pronounced in the opening Declaration of Interdependence (Pages 12 – 13):

xi. Whereas all men are entitled to the benefits of good governance in a free society, “new guards” must be enacted to dissuade the emergence of incompetence, corruption, nepotism and cronyism at the peril of the people’s best interest. The Federation must guarantee the executions of a social contract between government and the governed.

xvi. Whereas security of our homeland is inextricably linked to prosperity of the homeland, the economic and security interest of the region needs to be aligned under the same governance. Since economic crimes … can imperil the functioning of the wheels of commerce for all the citizenry, the accedence of this Federation must equip the security apparatus with the tools and techniques for predictive and proactive interdictions.

xxiv.  Whereas a free market economy can be induced and spurred for continuous progress, the Federation must install the controls to better manage aspects of the economy: jobs, inflation, savings rate, investments and other economic principles. Thereby attracting direct foreign investment because of the stability and vibrancy of our economy.

Sign the petition to lean-in for this roadmap for the Caribbean Union Trade Federation.
————-

Appendix VIDEO – How the USA grew from 13 Colonies to 50 States – www.westgateschool.org/apps/video/watch.jsp?v=162718

Posted October 26, 2017 – Featuring archival footage and lively graphics, this informative, live-action program traces the expansion of the United States from 13 colonies to 50 states. Explores the stories behind the acquisitions of the different territories as well as the figures involved in each acquisition. The program covers the Louisiana Purchase, the Texas Annexation, the Gadsen Purchase and more, while helping to develop map-reading skills and an understanding of U.S. geography.

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Refuse to Lose – Despite American Expansionism

Posted on October 18, 2019 in Ethos, Industries, Strategy

Go Lean Commentary

“Never bet against America” – Warren Buffet, American Billionaire and Industrialist; see Appendix A below.

While it may not appear be a competition, in truth, there are competitive forces at work for foreign communities in the shadows of the great American eco-system. Yes, the Caribbean member-states have been parasites of the American “hegemony”.

Hegemony = the political, economic, or military predominance or control of one state over others. – Oxford University Press

Consider these facts, from a previous Go Lean commentary:

State of the Union: Self-Interest of ‘Americana’
The United States of America is the “800-pound gorilla” or the BIG DOG of the Western Hemisphere; (in fact, the US is the last Super Power in the world).

  • There are two US Territories in our Caribbean: Puerto Rico and the Virgin Islands.
  • The US is the Number 1 Single Marketeconomy in the world
  • The US is the Number 1 military (in terms of troop size, armament and defense spending).
  • The US is also the Number 1 destination for the Caribbean Diaspora.

We cannot avoid the influence of the American system – Americana – on our Caribbean region… “Resistance is futile!”

No society can survive with population losses; yet the status quo for the Caribbean is that we lose large fractions of our population to foreign shores, in the US. This was related in a previous blog-commentary in this series, Part 1-of-6:

So we are losing…

We need a turn-around; we need to win.

Is it possible to compete, to win, against the US?

(Or are we condemned to watching our best-and-brightest leave home and then we have to nation-build with the rest?)

Yes, we can win … with a new attitude – or community ethos. We can succeed; we can Do Well and Do Good – see this discussion elaborated on in the White Paper Summary in Appendix B below. We must …

Refuse to lose – a commitment by a group or society to the values of quality, success and winning.

If we adopt this attitude then we will believe that we can compete with the US; we can even be better. (America has active societal defects – i.e. institutional racism and Crony-Capitalism – that need not be an issue in our Caribbean homeland).

This is a mission of the roadmap embedded in the 2013 book Go Lean…Caribbean, to be a better homeland to live, work and play. This commentary is a continuation of this series on the Refuse to Lose ethos; this is Part 4-of-6. The full series is cataloged as follows:

  1. Refuse to Lose: Lesson from Sports
  2. Refuse to Lose: Remediating ‘Columbus Day’
  3. Refuse to Lose: Introducing Formal Reconciliations
  4. Refuse to Lose: Despite American Expansionism
  5. Refuse to Lose: Canada’s Model of Ascent
  6. Refuse to Lose: Direct Foreign Investors Wind-Downs

It is the assertion of this commentary that the Caribbean can win, despite American Expansionism – they inserted themselves in our affairs on multiple occasions: think Cuba and Haiti. The American hegemony shows their military might – the world’s strongest – plus these three areas:

  • Trade – America insists on dominating trade for the region; they want to export; even if it means importing the finished goods, then re-exporting it. (Think of how often we buy Japanese consumer products from America, rather than from Japan directly).
  • Currency – Many Caribbean territories use the US Dollar as their primary currency or co-currency; i.e. Turks & Caicos, British Virgin Islands, Curacao.
  • Media – American movies, television, music and other media products are ubiquitous even in the Caribbean region.

How can we win, despite this dominance? We can Do Well and Do Good – see the White Paper Summary in Appendix B below. Also, see the answers-solutions here, as addressed in previous commentaries:

Trade
America is willing to consume; so we should produce more. American manufacturers look for cheaper places to re-locate their plants.

Senate bill targets companies that move overseas – July 31, 2014
The Caribbean is the “best address in the world” and provides the best of certain products … and is the best at performing certain services. We can compete! There should not be the need to “run for the shadows”. The world should be soliciting us, not us begging for the “crumbs following from the table” of the world economy.

Currency
The Caribbean member-states are urged to adopt e-Payment schemes as soon as possible so as to leverage the money-multiplier principle for our economic benefit, not America’s.

Changing the Culture & Currency of Commerce – May 27, 2019
We want to change Caribbean commerce. We want to make it Bigger, Better and Faster.

  • Bigger – Yes, we want to go from local markets to a regional Single Market. Imagine all 30 Caribbean member-states with 42 million people and the potential to produce $800 Billion in GDP.
  • Better – Free Market would be better for Caribbean economics as opposed to the restricted controls of extreme socialism; think Cuba. Yet, many other member-states have policies and practices that are socialistic in their priorities; i.e. Antigua & Barbuda does NOT allow for private property ownership on Barbuda. (This smells like communism).
  • Faster – We want more and more electronic commerce options. This means a comprehensive Marketplace & Social Media (www.myCaribbean.gov) plus the delivery-logistics options of the optimized Caribbean Postal Union (CPU), a subset of the Caribbean Union Trade Federation (CU).

Media
Internet & Communications Technologies (ICT) allows equalization of Big Countries versus small countries. This equalizer effect will level the competition versus America; we can easily launch our own regional network.

Network Mandates for a New Caribbean – September 26, 2018
Change has come to the world and to the Caribbean region. The advent of Internet Communications Technologies (ICT) now has voluminous options for media to be delivered without the large footprint … or investment. Now anyone can easily publish VIDEO’s and Music files to the internet and sell them to the public – models abounds: i.e. pay-per-play, or subscription.

The failing-losing Caribbean member-states need societal progress; so we must adopt the new attitudes that reflect a Refuse to Lose mentality.

‘Yes We Can’ …

Refusing to Lose is a necessary new ethos for the Caribbean Way Forward . We must start winning, after so many years of losing.

We urge every Caribbean stakeholder to Refuse to Lose; this is how we will make our homeland a better place to live, work and play.  🙂

About the Book
The book Go Lean…Caribbean serves as a roadmap for the introduction and implementation of the technocratic Caribbean Union Trade Federation (CU), for the elevation of Caribbean society – for all member-states. This CU/Go Lean roadmap has these 3 prime directives:

  • Optimization of the economic engines in order to grow the regional economy to $800 Billion and create 2.2 million new jobs.
  • Establishment of a security apparatus to ensure public safety and protect the resultant economic engines.
  • Improve Caribbean governance to support these engines, including a separation-of-powers between the member-states and CU federal agencies.

The Go Lean book provides 370-pages of turn-by-turn instructions on “how” to adopt new community ethos, plus the strategies, tactics, implementations and advocacies to execute so as to reboot, reform and transform the societal engines of Caribbean society.

Download the free e-Book of Go Lean … Caribbean – now!

Who We Are
The movement behind the Go Lean book – a non-partisan, apolitical, religiously-neutral Community Development Foundation chartered for the purpose of empowering and re-booting economic engines – stresses that reforming and transforming the Caribbean societal engines must be a regional pursuit. This was an early motivation for the roadmap, as pronounced in the opening Declaration of Interdependence (Pages 12 – 14):

xi. Whereas all men are entitled to the benefits of good governance in a free society, “new guards” must be enacted to dissuade the emergence of incompetence, corruption, nepotism and cronyism at the peril of the people’s best interest. The Federation must guarantee the executions of a social contract between government and the governed.

xvi. Whereas security of our homeland is inextricably linked to prosperity of the homeland, the economic and security interest of the region needs to be aligned under the same governance. Since economic crimes … can imperil the functioning of the wheels of commerce for all the citizenry, the accedence of this Federation must equip the security apparatus with the tools and techniques for predictive and proactive interdictions.

xxiv.  Whereas a free market economy can be induced and spurred for continuous progress, the Federation must install the controls to better manage aspects of the economy: jobs, inflation, savings rate, investments and other economic principles. Thereby attracting direct foreign investment because of the stability and vibrancy of our economy.

xxvii. Whereas the region has endured a spectator status during the Industrial Revolution, we cannot stand on the sidelines of this new economy, the Information Revolution. Rather, the Federation must embrace all the tenets of Internet Communications Technology (ICT) to serve as an equalizing element in competition with the rest of the world. The Federation must bridge the digital divide and promote the community ethos that research/development is valuable and must be promoted and incentivized for adoption.

Sign the petition to lean-in for this roadmap for the Caribbean Union Trade Federation.

————–

Appendix A – Buffett: Never bet against America
By: Alex Crippen

A significant part of Warren Buffett’s enormous financial success is built on the money he’s put behind his unwavering belief that America’s brand of capitalism, from the earliest days of its founding, has fueled ever-growing prosperity for its businesses and its people, and that it will continue to do so far into the future.

[See this Timeline of his pronouncements]

    1. VIDEO – 1997: Why America will remain competitive – https://buffett.cnbc.com/video/1997/05/05/has-americas-industrial-age-passed.html


Posted May 1997 – At Berkshire’s Hathaway’s 1997 shareholder meeting, Buffett explains why he’s not worried the “age of classical industrial America has passed.”

    1. 2004: Despite challenges, optimism for America’s future

Despite a war in Iraq, increasing consumer debt, and declining job growth, Buffett remains positive, pointing out that the country has always recovered in the past, even when facing “an equally impressive number of negative factors.”

    1. 2004: “A country characterized by lots of immigration”

In response to a question about U.S. immigration law, Buffett talks about how he suspects America’s “incredible record” of economic growth over the decades has been helped by the people who came to the United States from other countries.

    1. 2009: Seeing past the “Great Recession”

Just months after a devastating credit crisis helps plunge the U.S. into its worst economic crisis since the 1930s, Buffett still believes “the opportunities will win in the end.”

    1. 2013: Born in the USA

At the 2013 Berkshire meeting, Buffett acknowledges that he’s benefited from luck, getting a “huge, huge, huge advantage” just from having been born in the United States. And he, says, he’s not the only lucky one.

    1. 2016: “This country works … it’s working now”

During a presidential campaign in which Donald Trump was promising to “Make America Great Again,” Buffett, a backer of Hillary Clinton’s candidacy, tells Becky Quick on CNBC’s “Squawk Box” why he takes issue with Trump’s premise.

    1. 2017: America will do fine no matter who is in the White House

On the eve of Donald Trump’s inauguration, after the Dow had rallied 7.6 percent since Election Day, Buffett is asked how he thinks the new president will affect the stock market in the months ahead.

Source: Posted July 2 2018; retrieved October 16, 2019 from: https://buffett.cnbc.com/2018/07/02/buffett-on-america.html

————–

Appendix B – How to Do Well and Do Good
Sub-title: The key to achieving both of those goals together? Integrate societal benefits with company strategy.
By: Rosabeth Moss Kanter

Can companies do well by doing good? That question is asked frequently – but beware of false choices when considering it. In business, there is not a strict dichotomy between doing well and doing good; it is not an either-or proposition. Instead, social good and profitability are among the criteria by which companies make choices. In reality, any company is better off creating both bottom-line and societal benefits – and creating synergies between them.

That does not mean executives should lose sight of the goals and mission of the business, however. There is no reason certain kinds of good works – say, merely giving away money to areas unrelated to the business – should provide particular strategic advantage for a company. But if a company can integrate the benefits that it offers society more closely into its existing business, that integration can be very sensible and beneficial for the business. For example, people within the organization may recognize internal capabilities which they can build and develop to address a problem in society while simultaneously enlarging the company’s market.

As I describe in my book Supercorp, some smart companies are finding that including a focus on benefiting society in their mission can help yield competitive advantage. These companies, which are in the vanguard of creating a new business model, have discovered that a commitment to tackling societal problems can be one aspect of creating a corporate culture that leads to high performance and profits. (However, it is important to note that no company exemplifies this aspirational approach to management completely; all companies have flaws, and none live up to their ideals all of the time.)

There are a number of reasons why incorporating social good into strategy can help a company’s long-term performance. For one thing, it can help strengthen a company in the eyes of a number of important constituencies: its customer base, its employee base and the general public. In particular, a mission that includes serving society can help motivate employees – especially a younger generation of employees who seek meaning in work.

——

About the Author

Rosabeth Moss Kanter is the Ernest L. Arbuckle Professor of Business Administration at Harvard Business School. She is the author of numerous books, including Supercorp: How Vanguard Companies Create Innovation, Profits, Growth and Social Good (New York: Crown Business, 2009).

——-

Download/Buy the full Report at: https://sloanreview.mit.edu/article/how-to-do-well-and-do-good/ – Posted September 1, 2010; retrieved October 17, 2019.

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Refuse to Lose – Introducing Formal Reconciliations

Posted on October 15, 2019 in Ethos, Social, Strategy

Go Lean Commentary

So far this series on Refuse to Lose have established – (according to the previous blog-commentary):

“The practice of U.S. cities eschewing Columbus Day – because of the bad history associated with the Spanish Explorer’s atrocities – to celebrate Indigenous Peoples’ Day began in 1992 …”

See what we did there?

We warmed you up to the idea that “All Lives Matter, Yes, but oppressed groups need to be recognized and commiserated for the hurt that they have endured”.

And you bought it – “hook, line and sinker”.

We just accomplished an informal reconciliation. Now, it is time to pursue a formal reconciliation. (We have Indigenous People and oppressed people in the Caribbean too).

This is a mission of the roadmap embedded in the 2013 book Go Lean…Caribbean. The book introduces the strategy of impaneling Truth and Reconciliation Commissions (TRC) to address age-old (and modern) grievances.

This is part of the new attitude – community ethos – about winning-and-losing . The historicity of the Caribbean is that some demographics won – European Imperialists and loyalists – while others lost.

The human psyche is consistent; when we have been victimized, we want everyone to remember. But, when we have been the perpetrator – the bully – then we want everyone to forget. This applies to individuals and nations alike. – previous Go Lean commentary. 

To make progress in society, there must be a new attitude now. one is for the Greater Good; we want most people to win and few to lose. We want a …

Refusal to lose

That previous blog-commentary defined this community ethos as a commitment by a group or society to the values of quality, success and winning.

This commentary is a continuation of this series on the Refuse to Lose ethos; this is Part 3-of-6. The full series is cataloged as follows:

  1. Refuse to Lose: Lesson from Sports
  2. Refuse to Lose: Remediating ‘Columbus Day’
  3. Refuse to Lose: Introducing Formal Reconciliations
  4. Refuse to Lose: Despite American Expansionism
  5. Refuse to Lose: Canada’s Model of Ascent
  6. Refuse to Lose: Direct Foreign Investors Wind-Downs

This is not the first time this commentary have addressed ‘reconciliations’. These points have been detailed in many previous  Go Lean commentaries; see here:

European Reckoning – Christianity’s Indictment
The Church failed in its job to be the moral compass for the many European empires that have wielded absolute power on the planet. The bad result has been Slave Trade & Slavery, Colonialism and World Wars. These atrocities yielded millions and maybe even billions of victims. ‘White’ is NOT right. There is the need to reconcile that.
A Lesson in History: Jonestown, Guyana
40 years ago – 1978 – a religious atrocity transpired on Caribbean soil; this was the mass-murder/suicides in Jonestown, Guyana of almost 1000 people. Where were the societal stakeholders in this crisis, those charged with the duty to serve and protect. What have we learned? What reforms, if any, have we enacted?
Colonialism’s Bloody History Revisited
There has been a bloody history, tied to European and American colonialism. We must learn from this history; there must be a strenuous effort to dissuade societal defects and orthodoxy. Truth of the matter, colonialism is not dead with 18 Overseas Territories in Caribbean.
‘Loose Lips Sink Ships’ – Leaders Undermine Tourism
Political and religious leaders in Caribbean communities are projecting “a Climate of Hate” towards certain minority groups. This is so bad that it undermines the tourism products and community economics. Reconciling the pasts allows for better economics in the future.
Waging a Successful War on Orthodoxy
It takes a real battle to undo the standards and orthodoxy – many of them religious and colonial – introduced and implemented in society. Some good have come from these practices … and some bad. There needs to be a formal reconciliation of the Good, Bad and the Ugly.
Rwanda’s Catholic bishops apologize for genocide
The Church was not a force for moral good in modern society … in Africa or the Caribbean. The Bishops in Rwanda owned up and apologized for their complicity in their 1990’s genocide. This is an attempt to reconcile the failings of the past.
Repenting, Forgiving and Reconciling the Past
Christendom has a sullied past! For example, the historicity of the Spanish Inquisition is inexcusable. Yet there was a town in Spain that continued with the name “Castrillo Matajudios” — which means “Camp Kill Jews”, which they did. How was this community repent, forgive and reconcile from such a bad legacy? For one, change the name. The town has reverted back to its original name “Castrillo Mota de Judios” (“Jews’ Hill Camp”). This proves that reconciliation is more than just mental acknowledgement; many times heavy-lifting ust also be expended.
In Search Of The Red Cross’ $500 Million In Haiti Relief
The Red Cross is a Disaster Management organization; they abused their power by collecting $500 Million for Haiti’s Earthquake Relief/Recovery and misappropriating the funds. Where did the money go? Can we finally get an answer?

The Caribbean member-states need societal progress; so we must adopt new attitudes that shows that we recognize that old attitudes were bad. This is how we pursue the Greater Good. We want a Refusal to Lose, a Win-Win; we want most people to win and few to lose.

Whew! This is heavy, just thinking about it. How do we get started?

This Go Lean roadmap describes the Way Forward, the heavy-lifting for elevating Caribbean society in the future and to reconcile their past failings. Among the 370-pages of the Go Lean book are the turn-by-turn instructions on “how” to adopt the new community ethos of reconciliation. Consider the headlines, summaries and excerpts here on how the region can better Manage Reconciliations in the Caribbean eco-system, in the domestic homeland and in the Diaspora (Page 34):

10 Ways to Manage Reconciliations

1 Lean-in for the Caribbean Union Trade Federation (CU)
This treaty allows for the unification of the region into one market, expanding to an economy of 30 member-states of 42 million people. This accedence creates a “new” land of opportunity, so after so many decades of abandonment, the CU will “flash the signs” of “Welcome Home” to its far-flung Diaspora. But “old parties” returning can also open “old wounds” therefore it is a mission of the CU to facilitate reconciliations, much like the model in South Africa, so as to assuage these Failed-State indicators/threats: a). “Revenge seeking” groups and b). Group Grievances
2 TRC – Cuba
Cuba, the largest island in the Caribbean, had an armed revolution, conducted by leader Fidel Castro, that started in July 1953 and finally ended with the ouster of dictator Fulgencio Batista on 1 January 1959. Castro revolutionary government later reformed along communist lines, leading to a vast exodus in the subsequent years since. The Cuban Diaspora is estimated to amount to over 1.5 million people and $1.5 Billion in annual remittances to the island.

A goal of the CU is to invite many of the Cuban Diaspora and exiles back to the island. (Many of whom settled nearby in Miami and want to return). After the Castro Brothers, there will be the expectation of reparation and reconciliation. So the CU will convene a Truth & Reconciliation Commission to bring resolution to many issues from the revolution, socialist nationalization, previous coup attempts and the Batista dictatorship. There may be the expectation of reparations.
3 TRC Haiti and Neighbors
Haiti has the unique history of declaring independence since the 1790’s and ever since has had to contend with foreign invaders, internal dissension, domestic terrorism and conflict with its neighbor, the Dominican Republic ([see Page 306 for] Appendix TD). The memory and victimization of these contentions are long and has the potential for spontaneous conflict. Haiti has the highest indicators (#7 [see Page 271 for Appendix F]) on the Failed-State Index of any state in the entire region. In addition to the CU providing special status and protections for repatriates, the CU must convene a TRC to bring resolution to the grievances of the past.
4 International Tribunals – War Crimes – Human Rights Watchers
5 Caribbean Court of Justice
6 Government Debt Buybacks
The CU seeks to buyback (pay-off) many of the international debts incurred by the member states. This process, part of a financial reconciliation, will require a detailed forensic audit of the disbursements and accountabilities of monies.
7 International Grants / Loan Forgiveness
8 CU Foreign Policy/Trade Missions
9 International Court Judgments
Some foreign courts have ruled on cases involving Caribbean states, assessing judgments accordingly, (ie Cuba – $6 Billion in US courts). The CU will pursue negotiations for compromised settlements to clear the docket of these cases.
10 Repatriation After Abandonment

These aspirations are not just “pie in the sky”. This was done, successfully in South Africa. We have that model by which to follow. See the Appendix VIDEO below.

So it is conceivable, believable and achievable to think that we can reconcile our bad Caribbean historicity. Yes, while we cannot change the past, we can apply lessons-learned and change the future. We can move forward, upward, onward together …

… and we have some heavy-lifting to do; consider these examples (click on the links for the Way Forward for these issues):

So ‘Yes We Can’ …

Refusing to Lose is a necessary ethos for the Caribbean Way Forward to start winning, after so many centuries of losing. Let’s put the past behind and move forward.

Let’s all lean-in and foster reconciliations, so that we can all Refuse to Lose; this is the right community ethos to elevate our society to be a better homeland to live, work and play.  🙂

About the Book
The book Go Lean…Caribbean serves as a roadmap for the introduction and implementation of the technocratic Caribbean Union Trade Federation (CU), for the elevation of Caribbean society – for all member-states. This CU/Go Lean roadmap has these 3 prime directives:

  • Optimization of the economic engines in order to grow the regional economy to $800 Billion and create 2.2 million new jobs.
  • Establishment of a security apparatus to ensure public safety and protect the resultant economic engines.
  • Improve Caribbean governance to support these engines, including a separation-of-powers between the member-states and CU federal agencies.

The Go Lean book provides 370-pages of turn-by-turn instructions on “how” to adopt new community ethos, plus the strategies, tactics, implementations and advocacies to execute so as to reboot, reform and transform the societal engines of Caribbean society.

Download the free e-Book of Go Lean … Caribbean – now!

Who We Are
The movement behind the Go Lean book – a non-partisan, apolitical, religiously-neutral Community Development Foundation chartered for the purpose of empowering and re-booting economic engines – stresses that reforming and transforming the Caribbean societal engines must be a regional pursuit. This was an early motivation for the roadmap, as pronounced in the opening Declaration of Interdependence (Pages 12 – 13):

xi. Whereas all men are entitled to the benefits of good governance in a free society, “new guards” must be enacted to dissuade the emergence of incompetence, corruption, nepotism and cronyism at the peril of the people’s best interest. The Federation must guarantee the executions of a social contract between government and the governed.

xiii. Whereas the legacy of dissensions in many member-states (for example: Haiti and Cuba) will require a concerted effort to integrate the exile community’s repatriation, the Federation must arrange for Reconciliation Commissions to satiate a demand for justice.

xvi. Whereas security of our homeland is inextricably linked to prosperity of the homeland, the economic and security interest of the region needs to be aligned under the same governance. Since economic crimes … can imperil the functioning of the wheels of commerce for all the citizenry, the accedence of this Federation must equip the security apparatus with the tools and techniques for predictive and proactive interdictions.

xxiv.  Whereas a free market economy can be induced and spurred for continuous progress, the Federation must install the controls to better manage aspects of the economy: jobs, inflation, savings rate, investments and other economic principles. Thereby attracting direct foreign investment because of the stability and vibrancy of our economy.

Sign the petition to lean-in for this roadmap for the Caribbean Union Trade Federation.

—————–

Appendix VIDEO – Truth Justice Memory: South Africa’s Truth and Reconciliation Process [Introduction] – https://youtu.be/W3taLI3moaM

Justice Reconciliation
Posted Apr 4, 2014 – The TRC provided an opportunity for ordinary South Africans to take the centre stage, to share their stories of suffering and sacrifice. How can we, years later, use this legacy in the building of a generation of reconciling South Africans? This “first-of-its-kind” course aims to expose learners to the TRC event in a sensitive but forthright manner. Twelve DVD clips, each about 20 minutes in length, cover a series of important aspects of the TRC’s work. The accompanying teacher’s guide contains twelve corresponding chapters, complete with content summary, key questions, tasks for learners and teachers as well as additional sources.

 

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Refuse to Lose – Remediating ‘Columbus Day’

Posted on October 14, 2019 in Ethos, Social, Strategy

Go Lean Commentary

Today is the Monday closest to October 12 – Day of Discovery by Christopher Columbus – so it is a day set aside as a Holiday in many places. But alas, there have been many communities that have remediated their historical appreciation for Christopher Columbus.

His impact was not all good!

This is part of the new attitude – community ethos – about losing. The actuality of Columbus is that while some people won – European Imperialists – many others lost. Those that lost, are stakeholders too in today’s Caribbean. The new attitude about winning-losing is actually a …

Refusal to lose

This community ethos is defined as a commitment by a group or society to the values of quality, success and winning. This corresponds to this formal definition of “community ethos” in the 2013 book Go Lean … Caribbean (Page 20):

… the fundamental character or spirit of a culture; the underlying sentiment that informs the beliefs, customs, or practices of a group or society; dominant assumptions of a people or period.

Celebrating Columbus Day is choosing the victories of some people over the losses of others. This is not winning; not win-win. Adapting the ethos to Refuse to Lose is supposed to be different, better; we want the Greater Good to win, not just a fraction of the population.

See, here, the encyclopedic reference on Columbus Day and the efforts to remediate its celebrations:

Reference: Columbus Day
Columbus Day is a national holiday in many countries of the Americas and elsewhere which officially celebrates the anniversary of Christopher Columbus‘s arrival in the Americas on October 12, 1492. Christopher Columbus was an Italian explorer who set sail across the Atlantic Ocean in search of a faster route to the Far East only to land at the New World. His first voyage to the New World on the Spanish ships Santa María, Niña, and La Pinta took approximately three months. Columbus and his crew’s arrival to the New World initiated the Columbian Exchange which introduced the transfer of plants, animals, culture, human populations, and technology (but also invasive species, including communicable diseases) between the new world and the old.

The landing is celebrated as “Columbus Day” in the United States but the name varies on the international spectrum. In some Latin American countries, October 12 is known as “Día de la Raza” or (Day of the Race). This is the case for Mexico, which inspired Jose Vasconcelos’s book celebrating the Day of the Iberoamerican Race. Some countries such as Spain refer the holiday as “Día de la Hispanidad” and “Fiesta Nacional de España” where it is also the religious festivity of la Virgen del Pilar. Peru celebrates since 2009 the “Day of the original peoples and intercultural dialogue”. Belize and Uruguay celebrate it as Día de las Américas (Day of the Americas). Since Argentina’s former president Cristina Fernández de Kirchner officially adopted “Día del Respeto a la Diversidad Cultural” (Day of Respect for Cultural Diversity) November 3, 2010. “Giornata Nazionale di Cristoforo Colombo or Festa Nazionale di Cristoforo Colombo” is the formal name of Italy‘s celebration as well as in Little Italys around the world.[1][2]
…

Non-observance
The celebration of Columbus Day in the United States began to decline at the end of the 20th century, although many Italian-Americans, and others, continue to champion it.[31][32] The states of Florida,[33] Hawaii,[34][35] Alaska,[36][37] Vermont,[38] South Dakota,[39] New Mexico,[40] Maine,[41], Wisconsin, [42] and parts of California including, for example, Los Angeles County[43] do not recognize it and have each replaced it with celebrations of Indigenous People’s Day (in Hawaii, “Discoverers’ Day”, in South Dakota, “Native American Day”[32]). A lack of recognition or a reduced level of observance for Columbus Day is not always due to concerns about honoring Native Americans. For example, a community of predominantly Scandinavian descent may observe Leif Erikson Day instead.[44] In the state of Oregon, Columbus Day is not an official holiday.[45] Columbus Day is not an official holiday in the state of Washington [46]

Iowa and Nevada do not celebrate Columbus Day as an official holiday, but the states’ respective governors are “authorized and requested” by statute to proclaim the day each year.[47] Several states have removed the day as a paid holiday for state government workers, while still maintaining it—either as a day of recognition, or as a legal holiday for other purposes, including California and Texas.[48][49][50][51][52]

The practice of U.S. cities eschewing Columbus Day to celebrate Indigenous Peoples’ Day began in 1992 with Berkeley, California. The list of cities which have followed suit as of 2018 includes Austin, Boise, Cincinnati, Denver, Los Angeles, Mankato, Minnesota, Portland, Oregon, San Francisco, Santa Fe, New Mexico, Seattle, St. Paul, Minnesota, Phoenix, Tacoma, and “dozens of others.”[31][53][54][55][49][56][57][58][59][60][61] Columbus, Ohio has chosen to honor veterans instead of Christopher Columbus, and removed Columbus Day as a city holiday. Various tribal governments in Oklahoma designate the day as Native American Day, or name it after their own tribe.[62]
…
Source: Retrieved October 12, 2019 from: https://en.wikipedia.org/wiki/Columbus_Day

This commentary is a continuation of this series on the Refuse to Lose ethos; this is Part 2-of-6. The full series is cataloged as follows:

  1. Refuse to Lose: Lesson from Sports
  2. Refuse to Lose: Remediating ‘Columbus Day’
  3. Refuse to Lose: Introducing Formal Reconciliations
  4. Refuse to Lose: Despite American Expansionism
  5. Refuse to Lose: Canada’s Model of Ascent
  6. Refuse to Lose: Direct Foreign Investors Wind-Downs

This is not the first time this commentary have addressed ‘Columbus Day’. As related in a previous Go Lean commentary, the orthodoxy of the ‘Columbus Day’ celebration is now frown on in many communities. See this quotation:

The human psyche is consistent; when we have been victimized, we want everyone to remember. But, when we have been the perpetrator – the bully – then we want everyone to forget. This applies to individuals and nations alike.

This experience relates to the history of the New World. Upon the discovery of the Americas by the European powers – Christopher Columbus et al – the focus had always been on pursuing economic interests, many times at the expense of innocent victims. (This is why the celebration of Columbus Day is now out of favor). First, there was the pursuit of gold, other precious metals (silver, copper, etc.) and precious stones (emeralds, turquoise, etc.).  Later came the exploitation of profitable agricultural opportunities (cotton, tobacco, sugar cane, etc.), though these business models required extensive labor. So the experience in the New World (the Caribbean and North, South & Central America) saw the exploitation of the native indigenous people, and then as many of them died off, their replacements came from the African Slave Trade.

See this comedic VIDEO here that portrays this history and the trending to remediate the holiday – “How is it still a thing?”:

VIDEO – Columbus Day – How Is This Still A Thing: Last Week Tonight with John Oliver (HBO) – https://youtu.be/eKEwL-10s7E

LastWeekTonight
Posted October 13, 2014 – Christopher Columbus did a lot of stuff that was way more terrible than “sailing the ocean blue,” but we don’t learn about that.

Columbus Day: How is it still a thing?

Connect with Last Week Tonight online…
Subscribe to the Last Week Tonight YouTube channel for more almost news as it almost happens: http://www.youtube.com/user/LastWeekTonight

Find Last Week Tonight on Facebook like your mom would: http://Facebook.com/LastWeekTonight

Follow us on Twitter for news about jokes and jokes about news: http://Twitter.com/LastWeekTonight

Visit our official site for all that other stuff at once: http://www.hbo.com/lastweektonight

This foregoing VIDEO uses humor and punditry to convey a valid point:

Christopher Columbus should not be viewed as a hero of all the people. His legacy has blood stains on the annals of history.

The United States of America had been a majority White (European) country for its entire history. The minority populations finally won its battle for Civil Rights and equal treatment, appealing to the “Better Nature” of its founding principle:

We hold these truths to be self-evident, that all men are created equal, that they are endowed by their Creator with certain unalienable rights, that among these are life, liberty and the pursuit of happiness – Declaration of Independence for the United States of America, July 4, 1776.

The end product of the Civil Rights movement is the equal protection under the law for all ethnic groups – majority or minority. After nearly 400 years of European-dominated power-brokers in the US, finally in 2008, the first person of minority heritage was elected to the American presidency – Barack Obama.

Remediating ‘Columbus Day’ is an accomplishment and achievement for the Civil Rights struggle of minority ethnic groups in America. Now the Refuse to Lose mantra must include everyone and not exclude anyone.

The subject of the American Civil Rights movement and momentum – leveling out the inequities – over the history of the New World have been addressed in many previous commentaries; consider this sample list here:

https://goleancaribbean.com/blog/?p=18321 Unequal Justice of American Sheriffs and How to Remediate
https://goleancaribbean.com/blog/?p=18100 Nature or Nurture – Cop-on-Black Shootings in America’s DNA
https://goleancaribbean.com/blog/?p=17820 ‘Pride’ Movement – “Can we all just get along”
https://goleancaribbean.com/blog/?p=16944 Women Empowerment – Accepting Black Women ‘As Is’
https://goleancaribbean.com/blog/?p=16534 European Reckoning – Leveling Christianity’s Bad Influence
https://goleancaribbean.com/blog/?p=15123 Blacks get longer sentences from ‘Republican’ Judges
https://goleancaribbean.com/blog/?p=14633 Nature or Nurture: Women Have Nurtured Change to Level Society
https://goleancaribbean.com/blog/?p=14541 One Woman – Viola Desmond – Making a Difference for Canada
https://goleancaribbean.com/blog/?p=13063 Achieving Gender & Other Equity without the ‘Battle’
https://goleancaribbean.com/blog/?p=12722 How the West Was Won? Thru Pluralism and Ethnic Normalization
https://goleancaribbean.com/blog/?p=11870 The Journey From ‘Indian Termination Policy’ to Modern Pluralism
https://goleancaribbean.com/blog/?p=9974 Lessons Learned from Pearl Harbor and Civil Rights Remediated
https://goleancaribbean.com/blog/?p=8038 Transformations: Civil Disobedience … Very Effective
https://goleancaribbean.com/blog/?p=1020 The Advocacy to Rid Sports of Blatant Racism
https://goleancaribbean.com/blog/?p=546 ‘The Divide’ Book Review describing the unequal justice practice
https://goleancaribbean.com/blog/?p=209 The Case of Muhammad Ali – Equal Protection Under the Law

The Refuse to Lose mantra now includes everyone in America and should not exclude anyone. This is why ‘Columbus Day’ is “no longer a thing”.

(Most communities do not want to lose the paid-holiday on the books, so they have substituted ‘Columbus Day’ for some other worthy cause).

This is a good model …

May we apply this lesson throughout the Caribbean – this means you Puerto Rico; (they have 2 holidays: October 12 & November 19).

Using Puerto Rico as a microcosm of the rest of the New World, the demographic on that island is a vast majority of Black-and-Brown people. The Taino people and culture that Columbus discovered and encountered on the island is now gone and extinct. Columbus should not be viewed as a hero due to the course of events he set in motion.

The European people – remnant on the island – would elevate Columbus as a winner, while the indigenous people would have to be deemed the losers. This is not Win-Win!

We now need to Refuse to Lose – for every demographic in our society – not just one group at the expense of another.

This is the lesson learned from ‘Columbus Day’.

Let’s all lean-in and foster this Refuse to Lose attitude; this is the right community ethos to elevate our society to be a better homeland to live, work and play.  🙂

About the Book
The book Go Lean…Caribbean serves as a roadmap for the introduction and implementation of the technocratic Caribbean Union Trade Federation (CU), for the elevation of Caribbean society – for all member-states. This CU/Go Lean roadmap has these 3 prime directives:

  • Optimization of the economic engines in order to grow the regional economy to $800 Billion and create 2.2 million new jobs.
  • Establishment of a security apparatus to ensure public safety and protect the resultant economic engines.
  • Improve Caribbean governance to support these engines, including a separation-of-powers between the member-states and CU federal agencies.

The Go Lean book provides 370-pages of turn-by-turn instructions on “how” to adopt new community ethos, plus the strategies, tactics, implementations and advocacies to execute so as to reboot, reform and transform the societal engines of Caribbean society.

Download the free e-Book of Go Lean … Caribbean – now!

Who We Are
The movement behind the Go Lean book – a non-partisan, apolitical, religiously-neutral Community Development Foundation chartered for the purpose of empowering and re-booting economic engines – stresses that reforming and transforming the Caribbean societal engines must be a regional pursuit. This was an early motivation for the roadmap, as pronounced in the opening Declaration of Interdependence (Pages 12 – 14):

xi. Whereas all men are entitled to the benefits of good governance in a free society, “new guards” must be enacted to dissuade the emergence of incompetence, corruption, nepotism and cronyism at the peril of the people’s best interest. The Federation must guarantee the executions of a social contract between government and the governed.

xvi. Whereas security of our homeland is inextricably linked to prosperity of the homeland, the economic and security interest of the region needs to be aligned under the same governance. Since economic crimes … can imperil the functioning of the wheels of commerce for all the citizenry, the accedence of this Federation must equip the security apparatus with the tools and techniques for predictive and proactive interdictions.

xxiv.  Whereas a free market economy can be induced and spurred for continuous progress, the Federation must install the controls to better manage aspects of the economy: jobs, inflation, savings rate, investments and other economic principles. Thereby attracting direct foreign investment because of the stability and vibrancy of our economy.

xxxiii. Whereas lessons can be learned and applied from the study of the recent history of other societies, the Federation must formalize statutes and organizational dimensions to avoid the pitfalls of [negative] communities … . On the other hand, the Federation must also implement the good examples learned from [positive] developments/communities… .

Sign the petition to lean-in for this roadmap for the Caribbean Union Trade Federation.

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Refuse to Lose – A Lesson from Sports

Posted on October 13, 2019 in Ethos, Industries, Strategy

Go Lean Commentary

‘Winning and Losing’ is a reality in life …

… especially true for us in the Caribbean, where losing is a constant feature in our lives; consider:

It does not have to be this way; there is an attitude – about losing – that seems to be missing here in the Caribbean:

Refuse to lose

This is more that just “3 words strung together”; this is a commitment to quality, success and winning. This is referred to as “community ethos” in the 2013 book Go Lean … Caribbean; see the definition here from Page 20:

The fundamental character or spirit of a culture; the underlying sentiment that informs the beliefs, customs, or practices of a group or society; dominant assumptions of a people or period.

How do we go about fostering this ethos to “refuse to lose”?

One approach is through sports. The field of sports can help to foster the good community ethos to “refuse to lose“. Refuse to Lose is also the title of a book by one of the winningest coaches in College Basketball, John Calipari. See here:

Book Review: Refuse to Lose – Hardcover by John Calipari  (Author) – September 17, 1996

“Realistic people place roadblocks in front of themselves,” says John Calipari, “I’m unrealistic in a positive way.” And he gets results. As one of the hottest coaches in college basketball, John Calipari transformed the once-dispirited UMass Minutemen into a #1-ranked force to be reckoned with–taking them to the Final Four for the first time in history. Calipari did more than develop a phenomenal team. He built an outstanding program for success.

What is Calipari’s winning philosophy?

Develop a “Refuse to Lose” attitude.
Though you play to win whatever the score, how you play the game counts. True, you will lose some games, but the way you deal with those losses is part of the attitude of refusing to lose. Calipari’s rules: Stay within the rules. Don’t blame others, take responsibility yourself. Review the tape and learn from it. These are the life skills he taught his players–and they resulted in both professional and personal victory. If you love your kids, Calipari believes, they’ll go through walls for you. Now you can apply these winning strategies to your own life–with your family, your co-workers, and yourself–to any endeavor in which there’s a goal to achieve.

The formula works. A man driven by competition and the desire to excel, John Calipari plays to win, rather than playing not to lose. In Refuse to Lose, he insists you step out of your comfort zone. When you’re comfortable, you’re not doing your best. But when you raise the bar above your comfort level, you can accomplish things you never thought possible. He will show you how mistakes can be powerful learning tools and how adversity can become opportunity.

In the bestselling tradition Rick Pitino’s Full Court Pressure and Pat Riley’s The Winner Within, John Calipari tells an amazing story of triumph and grit that is both universal and unique. Powerful, optimistic, and spirited, Refuse to Lose offers a dynamic philosophy that is contagious. Catch it and win!

Source: Retrieved October 12, 2019 from: https://www.amazon.com/Refuse-Lose-John-Calipari/dp/0345408012

——————

Reference: Coach John Calipari
John Vincent Calipari (born February 10, 1959) is an American basketball coach. Since 2009, he has been the head coach of the University of Kentucky men’s team, with whom he won the NCAA Championship in 2012. He has been named Naismith College Coach of the Year three times (in 1996, 2008 and 2015), and was inducted into the Basketball Hall of Fame in 2015.

He was previously the head coach at the University of Massachusetts from 1988 to 1996, the NBA‘s New Jersey Nets from 1996 to 1999 and the University of Memphis from 2000 to 2009, and was the head coach of the Dominican Republic national team in 2011 and 2012.

Calipari has coached Kentucky to four Final Fours, in 2011, 2012, 2014 and 2015. He also led UMass and Memphis to the Final Four in 1996 and 2008 respectively …  As a college coach, Calipari has twenty-four 20-win seasons, nine 30-win seasons, and three 35-win seasons.

Source: Wikipedia Online encyclopedia; retrieved October 13, 2019 from: https://en.wikipedia.org/wiki/John_Calipari

We need more of this Refuse to Lose ethos in the Caribbean. We are already committed to sports as our Caribbean communities, participate and excel in many sporting endeavors. Plus, most of the Caribbean member-states boast Judeo-Christian principles; alas there is an apropos Bible scripture that adds insight to this discussion (Go Lean book Page 229):

For bodily exercise is profitable for a little … – 1 Timothy 4: 8 (American Standard Version)

We have published a number of previous commentaries reviewing the actuality and historicity of Sports in our region; see a sample list here:

https://goleancaribbean.com/blog/?p=15664 Naomi Osaka’s recipe for success: Caribbean Meld
https://goleancaribbean.com/blog/?p=14527 Learning from March Madness (2018)
https://goleancaribbean.com/blog/?p=10351 Lessons from a Winning Team – ‘Culture Eats Strategy For Breakfast’
https://goleancaribbean.com/blog/?p=8272 The effect of ‘Winning in Sports’ on a Losing Homeland
https://goleancaribbean.com/blog/?p=4019 Learning from the Super Bowl … and its Commercials
https://goleancaribbean.com/blog/?p=1341 Learning from Omaha and the College World Series Time
https://goleancaribbean.com/blog/?p=498 Learning from the ‘Sports Gene’ – Book Review:
https://goleancaribbean.com/blog/?p=318 The urgent need for a Collegiate Sports Eco-system in the Caribbean

Refusing to Lose is a similar good ethos to the heroic “whatever it takes” attitude. This was detailed in a previous blog-commentary from April 24, 2019:

Way Forward – Whatever it Takes
So for the Caribbean, we need to adopt the required community ethos, drop the bad ethos, execute the strategies, tactics and implementations … to elevate our society. We need to do the heavy-lifting,  ‘whatever it takes’; we must succeed.

Lives, livelihoods, identities and cultures are at stake.

Refusing to Lose is the opposite of the bad ethos that had been the observed practice for the National Airlines in the Bahamas and other Caribbean member-states. This was detailed in a previous blog-commentary from December 29, 2014:

No Fear of Failure – Case Study: Bahamasair
The story being related in the following [embedded] article is a far cry from a pursuit of quality, in fact the overriding theme is “no fear of failure” on the part of the airline’s stakeholders; “if we succeed or fail, it doesn’t really matter”.
…
This negative community ethos is even enshrined in the regulatory filing for the airline as an international carrier. Appendix B [Industry Quality Standards: Warsaw Convention] highlights the accepted quality standard in aviation known as the Warsaw Convention. Appendix C [Warsaw Convention Exemptions for International Carriers in the US] on the other hand, demonstrates how Bahamasair, and other Caribbean carriers, have petitioned for waivers so as not to abide by these high standards.

This writer got a glimpse of the good “Refuse to Lose” community ethos, just recently, at the 2019 Homecoming Football Game for Florida A & M University (FAMU). Homecoming games, per its namesake, is where the alumni flock back to the Tallahassee campus to celebrate the FAMU experience, culture and societal contributions – addressed in a previous Go Lean commentary. (See the Appendix VIDEO below of a glimpse of the Homecoming Parade).

With the increased attendance and priority, there is no toleration for a lost in the featured football game. The players, coaches and staff … must refuse to lose every year. For 2019, the FAMU Rattlers won; see the news story here:

Title: Rattlers clip the Eagles 28-21 on Homecoming day
By: Rory Sharrock, Tallahassee Democrat

Xavier Smith is the hometown hero for the second consecutive contest at Bragg Memorial Stadium.

The wide receiver followed up his game-winning catch versus Southern on Sept. 21 with a scoring run with 32 seconds remaining to give FAMU a 28-21 triumph over North Carolina Central Saturday on homecoming day.

With the victory, the Rattlers improve to 4-1 and 2-0 in the MEAC. The Eagles fall to 2-4 and 1-1 in league play.

The team’s march to victory began on its 35-yard line with 4:16 on the clock. They picked through the Eagles’ defense with outlet passes and sideline routes.

FAMU quarterback Ryan Stanley tossed three touchdowns to three different receivers.

David Manigo, Marcus Williams and Smith were the recipients of Stanley’s scoring throws.
…
See the full article here: https://www.tallahassee.com/story/sports/college/famu/2019/10/05/quarterly-updates-famu-takes-7-0-lead-over-n-c-central/3879051002/ Posted October 6, 2019; retrieved October 13, 2019.

FAMU Homecoming 2019 was a manifestation of the ethos of Refuse to Lose.

This is why the fostering of sports is so vital for elevating Caribbean society. This is part-and-parcel of the strategies, tactics, implementations and advocacies introduced by the book Go Lean … Caribbean. In fact, “fostering sports” is just 1 of 144 different advocacies presented in the book as a roadmap for the introduction and implementation of the Caribbean Union Trade Federation (CU).

Why is this roadmap so important? It might be the best hope for our Caribbean homeland’s constant ‘losing’.

This roadmap describes the Way Forward, the heavy-lifting for elevating Caribbean society – to turn from losing to winning. Among the 370-pages of the Go Lean book are the turn-by-turn instructions on “how” to adopt many new community ethos. Consider the headlines, summaries and excerpts here on how the region can better foster the Sports eco-system in the Caribbean (Page 229):

10 Ways to Improve Sports

1 Lean-in for the Caribbean Single Market
Embrace the advent of the Caribbean Single Market & Economy initiative of the Caribbean Union Trade Federation. This will allow for the unification of the region of 30 member-states into a single market of 42 million people and a GDP exceeding $800 Billion (per 2010). This market size and multi-lingual realities allows for broadcasting rights with SAP-style language options for English, Spanish, French and Dutch. This makes the region attractive for media contracts for broadcast rights, spectrum auctions and sports marketing. The Olympics have demonstrated that sports can be profitable “big business”, and a great source of jobs and economic activity. The CU will copy the Olympic model, and harness the potential in many other sporting endeavors, so as to make the region a better place to live, work and play.
2 CU Games

Promote the CU Games, every 2 years, as the ascension of the CARIFTA Games for Amateur and now Professional Athletes. The CU Games Administration will also partner with all National Olympic Committees. This administration applies to feeder games, trials and qualification events. The ultimate goal is to field a world-class competitive Olympic Team representing the entire Caribbean. While the CARIFTA Games are for track-and-field events only, the CU Games will resemble a mini-Olympics with multi-sports (boxing, football/soccer, tennis, volleyball, sailing, baseball/softball, etc.).
3 Fairgrounds as Sport Venues
4 Regulate Amateur, Professional & Academically-Aligned Leagues
5 Establish Sports Academies
6 “Super” Amateur Sport Association

Promote All-Star tournaments (pre-season and post-season) for Amateur (School and Junior) Athletics Associations winners. This includes team sports (soccer, basketball), school sports (track/field) and individual sports (tennis, golf, etc.).
7 Regulator/Registrar of Scholar-Athletes – Assuage Abandonment
8 Sports Tourism
The CU will promote tournaments and clinics to encourage advancement in certain sports. These tournaments are aimed at the foreign markets (US, Canada, Europe, Central and South America) so as to generate sports-tourism traffic.
9 Professional Agents and Player Management Oversight (a la Bar/Lawyer Associations)
10 Impanel the CU Anti-Doping Agency

So ‘Yes We Can’ …

… Refusing to Lose is a necessary ethos for the Caribbean Way Forward to start winning. We have experienced far too much losing. We can foster the attitudes and opportunities for winning at sports, in life and in society, as individuals and communities..

Let’s all engage, get off the bench and get into the game. We need to win! But first, we need to Refuse to Lose.

This commentary is the start of this series on the Refuse to Lose ethos; this is Part 1-of-6. The full series is cataloged as follows:

  1. Refuse to Lose: Lesson from Sports
  2. Refuse to Lose: Remediating ‘Columbus Day’
  3. Refuse to Lose: Introducing Formal Reconciliations
  4. Refuse to Lose: Despite American Expansionism
  5. Refuse to Lose: Canada’s Model of Ascent
  6. Refuse to Lose: Direct Foreign Investors Wind-Downs

We urged everyone in the Caribbean – leaders and residents, athletic participants and spectators alike – to lean-in to this Go Lean roadmap; to win … at all costs, to make our homeland a better place to live, work and play.

This is not a game for us; this is life.  🙂

About the Book
The book Go Lean…Caribbean serves as a roadmap for the introduction and implementation of the technocratic Caribbean Union Trade Federation (CU), for the elevation of Caribbean society – for all member-states. This CU/Go Lean roadmap has these 3 prime directives:

  • Optimization of the economic engines in order to grow the regional economy to $800 Billion and create 2.2 million new jobs.
  • Establishment of a security apparatus to ensure public safety and protect the resultant economic engines.
  • Improve Caribbean governance to support these engines, including a separation-of-powers between the member-states and CU federal agencies.

The Go Lean book provides 370-pages of turn-by-turn instructions on “how” to adopt new community ethos, plus the strategies, tactics, implementations and advocacies to execute so as to reboot, reform and transform the societal engines of Caribbean society.

Download the free e-Book of Go Lean … Caribbean – now!

Who We Are
The movement behind the Go Lean book – a non-partisan, apolitical, religiously-neutral Community Development Foundation chartered for the purpose of empowering and re-booting economic engines – stresses that reforming and transforming the Caribbean societal engines must be a regional pursuit. This was an early motivation for the roadmap, as pronounced in the opening Declaration of Interdependence (Pages 12 – 14):

xi. Whereas all men are entitled to the benefits of good governance in a free society, “new guards” must be enacted to dissuade the emergence of incompetence, corruption, nepotism and cronyism at the peril of the people’s best interest. The Federation must guarantee the executions of a social contract between government and the governed.

xvi. Whereas security of our homeland is inextricably linked to prosperity of the homeland, the economic and security interest of the region needs to be aligned under the same governance. Since economic crimes … can imperil the functioning of the wheels of commerce for all the citizenry, the accedence of this Federation must equip the security apparatus with the tools and techniques for predictive and proactive interdictions.

xxiv.  Whereas a free market economy can be induced and spurred for continuous progress, the Federation must install the controls to better manage aspects of the economy: jobs, inflation, savings rate, investments and other economic principles. Thereby attracting direct foreign investment because of the stability and vibrancy of our economy.

xxxi. Whereas sports have been a source of great pride for the Caribbean region, the economic returns from these ventures have not been evenly distributed as in other societies. The Federation must therefore facilitate the eco-systems and vertical industries of sports as a business, recreation, national pastime and even sports tourism ….

Sign the petition to lean-in for this roadmap for the Caribbean Union Trade Federation.

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Appendix VIDEO – Marching 100 perform in Homecoming Parade – https://www.tallahassee.com/videos/news/2019/10/05/watch-marching-100-perform-homecoming-parade/3879408002/

Posted October 5, 2019 – The Marching 100 perform in the 2019 FAMU homecoming parade. By photographer Alicia Devine, Tallahassee Democrat.

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