Dave Chappelle in a Rick James skit had a funny and yet sad punch line: "Cocaine is a helluva drug."
Used to be most American CEOs worked their asses off, now it seems many of 'em just sell their assets off. American companies have to end their obsession with beating the market's quarterly expectations and instead plan and work towards more market share, more revenue, more profits and a better future for their companies over 3 to 5 to 10 year terms. With the way it is now, most C level executives have their benefits and stock options tied to next quarter performance, to see if their profit levels beat market forecasts, so they'll do anything to beat those figures and contrive golden parachutes for themselves to jettison themselves from the company when the company inevitably misses the market's forecasts. It's like Bush and Obama priming the pump with trillions of dollars the USA is borrowing from China, Japan, the UK, the Saudis and the ultra rich in the USA to "stimulate" the economy now only so our children will have to pay back a larger inexorable national debt later. Enough! It's time to think medium and long term. That's what the Communist Chinese are doing. Are we going to let them take over the world economically?