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Author: arrete Big funky green star, 20000 posts Old School Fool Add to my Favorite Fools Ignore this person (you won't see their posts anymore) Number: of 749398  
Subject: NYT is right! Date: 9/4/2012 10:49 AM
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>> A New York Times front page story today — New York Times! — might have killed President Obama’s re-election hopes. ... it is a deep look into the two outstanding flaws in Obama’s executive leadership:

1. How he vastly overrates his capabilities:

"But even those loyal to Mr. Obama say that his quest for excellence can bleed into cockiness and that he tends to overestimate his capabilities. The cloistered nature of the White House amplifies those tendencies, said Matthew Dowd, a former adviser to President George W. Bush, adding that the same thing happened to his former boss. “There’s a reinforcing quality,” he said, a tendency for presidents to think, I’m the best at this."

2. How he spends extraordinary amounts of time and energy to compete in — trivialities.
.....
Kantor’s piece is full of examples of Obama’s odd need to (a) dominate his peers in everything from bowling, cards, golf, basketball, and golf (104 times in his presidency). Bear in mind, Obama doesn’t just robustly compete. The leader of the free world spends many hours practicing these trivial pursuits behind the scenes. Combine this weirdly wasted time with a consistent overestimation of his capabilities, and the result is, according to NYT’s Kantor:

"He may not always be as good at everything as he thinks, including politics."
.....
Imagine, for a minute, that you are on the board of directors of a company. You have a CEO who is not meeting his numbers and who is suffering a declining popularity with his customers. You want to help this CEO recover, but then you learn he doesn’t want your help.
.....
With some digging, you learn, to your horror, that the troubled CEO spends a lot of time on — what the hell? — bowling? Golf? Three point shots? While the company is going south?

What do you do? You fire that CEO. Clint Eastwood was right. You let the guy go. <<
http://www.forbes.com/sites/richkarlgaard/2012/09/03/did-the...

arrete
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