Everything’s Political

How sad.

In light of the ongoing developments with the stories centering on Benghazi and the abuse of power within the IRS, I feel compelled to offer a brief comment.

Politics is certainly a dirty business.

National security in a world filled with new risks has likely never been more challenging. That said, there comes a point in time where politics need to be set aside and the people’s business needs to be prioritized.

In the course of a brief conversation with a reporter who covers the scene in Washington, he shared with me that a since departed senior White House official shared with him that he was frustrated in his capacity. Why so?

Because “everything is political” in the current administration. He offered that prior administrations, both Democratic and Republican alike, would concentrate on how the politics played out 75-80 per cent of the time. After that, political leaders from both parties would settle down and try to get the people’s business done. Not so currently as everything is addressed in terms of how it will play politically.

In a city and an administration in which everything is political, what suffers and is often compromised?  The truth.

How does that happen? A compliant media having abdicated its responsibility to find and promote “all the truth that’s fit to print” fails to uphold that mandate.

I would like to think that I am not so naive as to think that there will not always be issues of national security in which information needs to remain privileged. But when seemingly every issue is viewed through the prism of how it will play politically, then I firmly believe America as a whole suffers.

What really happened within the Internal Revenue Service to allow selected groups to be singled out and subjected to inappropriate review? In similar fashion, what has really happened within many of our financial regulatory agencies that have failed to protect the interests of homeowners, investors, consumers,and the American taxpayer?

When the truth takes a back seat to the politics, a culture of crony abuse of power is allowed to propagate.

Sad but true, I think America is awash in this political cesspool currently.

Where are the real political leaders from both sides of the aisle and where are the leaders within the media who are willing to stand up and say . . .  ENOUGH??

About Larry Doyle 522 Articles

Larry Doyle embarked on his Wall Street career in 1983 as a mortgage-backed securities trader for The First Boston Corporation. He was involved in the growth and development of the secondary mortgage market from its near infancy.

After close to 7 years at First Boston, Larry joined Bear Stearns in early 1990 as a mortgage trader. In 1993, Larry was named a Senior Managing Director at the firm. He left Bear to join Union Bank of Switzerland in late 1996 as Head of Mortgage Trading.

In 1998, after 15 years of trading and precipitated by Swiss Bank’s takeover of UBS, Larry moved from trading to sales as a senior salesperson at Bank of America. His move into sales led him to the role as National Sales Manager for Securitized Products at JP Morgan Chase in 2000. He was integrally involved in developing the department, hiring 40 salespeople, and generating $300 million in sales revenue. He left JP Morgan in 2006.

Throughout his career, Larry eagerly engaged clients and colleagues. He has mentored dozens of junior colleagues, recruited at a number of colleges and universities, and interviewed hundreds. He has also had extensive public speaking experience. Additionally, Larry served as Chair of the Mortgage Trading Committee for the Public Securities Association (PSA) in the mid-90s.

Larry graduated Cum Laude, Phi Beta Kappa in 1983 from the College of the Holy Cross.

Visit: Sense On Cents

Be the first to comment

Leave a Reply

Your email address will not be published.


*