Why are so many people angered by and seemingly against globalization including our present administration?

Left to Right: Dennis McCuistion, Pia Orrenius, PhD, Matthew Rooney, and Niki McCuistion

Joining host, Dennis McCuistion, to discuss the pros and cons of globalization are:

  • Pia Orrenius, PhD: Vice President and Senior Economist, Federal Reserve, Dallas and
  • Matthew Rooney: Director of the Economic Growth program, George W. Bush Institute

Globalization, positive for many yet criticized just as often, is defined as a process of interaction among people, companies and governments of different nations. It is a process driven by international trade and investment and information technology. This process has affects on our environment, on culture, political systems, economic development, and prosperity as well as on human beings and societies around the world.

Mr. Rooney believes “we tend to focus on globalization being about trade, however it is much more complex. Globalization is about human nature. It has roots in that people are curious, communicative, they want to talk with people, want people next to them and want to see what’s over the hill”. He says, “to my mind that’s the mainspring of globalization”.

From Dr. Orrenius’ perspective, “Globalization is really about openness. It’s about sharing. It makes people and societies richer because they share resources, whether it be public health or technology or something more concrete like trade- exchange of goods or services and business investments across borders. When capital is able to seek its highest return, that’s when you get a more efficient allocation, you get more growth and more wealth”.

Yet globalization for some also inspires fear as there may be inherent risks and forces which might not be under their control, which comes with it. Globalization requires a balancing act. The emergence of countries like China and others impacts a rapid shift in the nature of the global economy and often our responses are sometimes less than adequate.

Tune in to the conversation about Brexit, immigration, and how globalization really works and the impact is has on each of us, for better and for worse.

 

And once again we are honored to be underwritten by The Hatton W. Sumner’s Foundation, Inc.
The McCuistion Program, a 501 ( C ) ( 3 ) tax exempt organization does not receive any KERA pledge dollars, PBS funds or government grants. The funding which has kept us on the air for 28 years comes from grantors and viewers just like you. So thank you for your continued support.

Be sure to watch more McCuistion TV programs on our website www.McCuistionTV.com.

Thanks for joining us,

Niki McCuistion
Co-Founder, Executive Producer, Producer
Business Consultant / Executive Coach, specializing in Organizational Culture Change, Governance and Strategic Planning
214-750-5157
www.nikimccuistion.com
nikin@nikimccuistion.com

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2405 – 05.28.17

The Federal Reserve has had promoters and detractors since its inception in 1913. An arm of the government and nominally owned by the banks that belong to the system, it’s been blamed for the Great Depression, praised, and criticized for helping lessen the 2008 financial crisis. As America’s central bank its purpose is to conduct monetary policy, the pursuit of full employment and stable prices, to supervise and regulate banks, maintain the stability of the financial system and to provide services to government and financial institutions.

Left to Right: Dennis McCuistion, Danielle DiMartino Booth, and Niki McCuistion

How well has the Federal Reserve performed its role, and in today’s world does the Federal Reserve matter as it once may have?

Joining Host Dennis McCuistion, who himself is a former banker, well-versed in these issues is:

Danielle DiMartino Booth, author of the new bestseller, Fed Up… An Insider’s Take on Why the Federal Reserve is Bad for America. Ms. Booth quit her high-ranking Wall Street job after predicting the housing crash of 2008 and was recruited as an analyst at the Federal Reserve Bank of Dallas. Over the next nine years she and Richard Fisher, former President and CEO of Federal Reserve Bank of Dallas spoke up often about the dangers of some Fed policies.

To no avail, says Ms. Booth, “On a world rendered unsafe by banks that were too big to fail, we came to understand that the Fed was simply too big to fight”. According to Ms. Booth, decisions were made based on theoretical models, the results, easy money for the well off and keeping Wall Street thriving at the expense of the average middle class just getting by.

John Tamny, Forbes contributor, Senior Fellow in Economics and author of Who Needs the Fed? also joins us. He states, “The Fed is an offense to common sense; economists who think that growth causes inflation!”He believes that prosperity can be achieved through Federal Reserve fine-tuning; however, as to its being powerful, there he differs.

Join two power houses on the issue of the Federal Reserve, its relevancy today, Alan Greenspan’s “influence” on the housing bubble, the impact the Federal Reserve has on the economy, and how this all affects you.

The McCuistion Program, a 501 ( C ) ( 3 ) tax exempt organization does not receive any KERA pledge dollars, PBS funds or government grants, so thank you for your continued support.

Thanks for joining us,

Niki McCuistion
Co-Founder, Executive Producer, Producer
Business Consultant / Executive Coach, specializing in Organizational Culture Change, Governance and Strategic Planning
214-750-5157
www.nikimccuistion.com
nikin@nikimccuistion.com

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2401 – 05.21.2017

Ethics, as defined by Merriam-Webster is “the discipline dealing with what is good and bad and with moral duty and obligation… the principles of conduct governing an individual or a group.”

  • Our experts, Marianne Jennings, J.D.: Professor Emeritus Arizona State University Ethical and Legal Studies, author of The Seven Signs of Ethical Collapse; commended as a top 100 thought leader on ethics and one of the most influential people in ethics by Ethics Magazine, and
  • Richard Ebeling, PhD: Distinguished Professor of Ethics and Free Enterprise Leadership at the Citadel, former President of the Foundation for Economic Education and V. P. Future of Freedom Foundation;

agree that ethics make for good business, yet too many businesses today do not base their business dealings on sound ethical behaviors. The glaring lack of ethics and egregious codes of conduct in more than a few financial institutions was a critical factor in the 2008 financial crisis and the subsequent bailouts cost taxpayers billions.

And recent headlines of some of our major institutions, from Wells Fargo onward, show that ethics is still missing from their playbooks.

Left to Right: Richard Ebeling, PhD and Marianne Jennings, J.D.

Most companies do not take the necessary steps to create a culture of ethics that governs their decision making. Companies claim to know what they are supposed to do. Most have written codes of ethics, classes and employee training in the subject matter, yet there is a huge gap between what should be and what actually happens.

Employees comment that the codes of ethical conduct set by their companies have little impact on their making ethically correct choices. What does, it is the examples set by leadership and the actual culture followed in a company that influences their actions.

So how do you take ethics from theory to practice?

Professor Jennings and Dr. Ebeling join host, Dennis McCuistion, to discuss how the lack of transparency and ethics in banks and corporations contributed to the financial crisis and what must be done to instill an ethical culture to prevent another 2008 debacle.

All agree, if there are regulations, rules and money to be made, chances are people will find loopholes. Something can be legal but not ethical. The model in some financial institutions was quantity not quality, make money… Business has a choice. Unfortunately, too many banks looked for loopholes, rewarded greed, and violated moral codes.

Left to Right: Richard Bowen

Left to Right: Richard M. Bowen, Cary Maguire, and Niki McCuistion

The program also features a short interview on ethics with Cary Maguire (Cary M. Maguire Center for Ethics and Public Responsibility at SMU), who funded the National Center for Policy Analysis’ Financial Crisis Initiative. Mr. Maguire was recently honored with the inaugural “Cary M. Maguire Spirit of Ethics” award presented by The Greater Dallas Business Ethics Awards. This is a new level of recognition to a company that demonstrates and champions above-and-beyond ethical practices.

Talking about things that matter… with people who care. And please don’t forget that for the last 25 years it is you, our viewer, who keeps us on the air.

The McCuistion Program, a 501 ( C ) ( 3 ) tax exempt organization does not receive any KERA pledge dollars, PBS funds or government grants, so thank you for your continued support.

Thanks for joining us,

Niki McCuistion
Co-Founder, Executive Producer, Producer
Business Consultant / Executive Coach, specializing in Organizational Culture Change, Governance and Strategic Planning
214-750-5157
www.nikimccuistion.com
nikin@nikimccuistion.com

Did Dodd-Frank set up a tyranny in our financial system?

The failure of Lehman Brothers, Goldman Sachs, Fannie Mae and Freddie Mac caused an outcry for due process, rule of law, regulation and reform. And while the intention was to revitalize the American economy, the reverse has occurred. The 19,000 pages of regulations, $35 billion of economic impact and 72 million hours of paperwork may not have worked as intended.
Hundreds of rules later, no one is really sure about any regulation’s effectiveness. And the government is looking for ways to dismantle Dodd-Frank. President Trump has said Dodd-Frank rulings aren’t working and are making legitimate investing activity more difficult than it should be….” These regulations enshrine too big to fail and encourage risky behavior.”

Left to Right: George A. Selgin, PhD, William K. Black and C.K. Lee

Joining Host, Dennis McCuistion, are:

Our guests state that some regulations have actually caused risk, helped the big banks become bigger, small banks fewer with many closing their doors as a result because of the crippling. A Harvard University working paper released in early 2015, argues Dodd-Frank is the culprit contributing to fewer community banks.

George A. Selgin, PhD with audience members , Gerald Reihsen and FRTV Board Member, Gary Short

Regulations were supposed to unleash the market, yet we are at 2% economic growth, compared to a historic 3.5% growth. The average family has stagnant paychecks, has lost savings, have less access to credit, and we’re losing a community financial institution a day because of the volume and complexity of Dodd-Frank and other regulatory overkill.

Are we politically allocating capital in our economy? Can the Financial Protection Agency be fair regarding products it deems abusive or is it arbitrary and are we giving the so called protective agencies too much power?
While this is not a good news program, tune in to see what the experts predict. It impacts you.
Talking about things that matter… with people who care. And please don’t forget that for the last 25 years it is you, our viewer, who keeps us on the air.
The McCuistion Program, a 501 ( C ) ( 3 ) tax exempt organization does not receive any KERA pledge dollars, PBS funds or government grants, so thank you for your continued support.

Thanks for joining us,

Niki McCuistion
Co-Founder, Executive Producer, Producer
Business Consultant / Executive Coach, specializing in Organizational Culture Change, Governance and Strategic Planning
214-750-5157
www.nikimccuistion.com
nikin@nikimccuistion.com

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2312 – 08.07.2016 (original airing date)

The Platinum Rule: Communicating to Succeed with special guest, Tony Alessandra, PhD, CSP, CPAE and author of The Platinum Rule.

L to R: Dennis McCuistion, Niki McCuistion, & Tony Alessandra, PhD

Whether it’s to collaborate, innovate, be understood, negotiate, and/or just get along with others, effective communication skills are key. Schools teach the “3 r’s” and give communication short shrift.

In the world of technology and 24/7 contact, we spend about 85 percent of each day communicating in one form or another. It’s in our best interests to be darn good at such a necessary business and social skill. Yet we seldom concentrate on how our partner/associates, friends and neighbors want to be communicated with.

If you’ve ever wondered why it’s so easy to talk to some people, why you have an instant rapport with some and not others, the answer might be you’re not communicating with people on their wavelength.
According to our guest, we too often treat people according to the Golden Rule: “do unto others the way you’d have them do unto you”.
A solid maxim, yet one that often backfires. We are not all the same, nor do we want the same things. Thus, Tony’s Platinum Rule, “do unto others as they would like to be done unto,” reframes communication.

Tony’s communication advice can help one solve conflict, build more effective teams and foster stronger relationships. Join us to learn more about communication skills, how we are similar and different, and how we can use the Platinum Rule to build relationships, personally and professionally.

This is one program you won’t want to miss if you do indeed want to foster stronger relationships.
P.S.

According to research we can differentiate various styles of communicating into four quadrants:

The Director, Socializer, Relator and Thinker:
  • Directors tend to be more forceful and up front and want people to get to the bottom line. They like being in charge.
  • Socializers want to be center stage. They excel at conversation- sometimes too much so.
  • Relators are about relationships, slow to warm up, and loyal. They like a relaxed pace.
  • Thinkers are analytical, precise and like data- neatly presented.
We are a combination of all of these styles, yet we have a primary preference, and if we are going to be more effective in getting results, the Platinum Rule counsels us to communicate to that person’s preference. Easier said than done- as a Director myself- as is Dennis, the host of McCuistion, our style is sometimes too direct!

Tune in Sunday to hear the experts on this issue.

The McCuistion Program, a 501 ( C ) ( 3 ) tax exempt organization does not receive any KERA pledge dollars, PBS funds or government grants, so thank you for your continued support.

Thanks for joining us,

Niki McCuistion
Co-Founder, Executive Producer, Producer
Business Consultant / Executive Coach, specializing in Organizational Culture Change, Governance and Strategic Planning
214-750-5157
www.nikimccuistion.com
nikin@nikimccuistion.com