Roger Schlesinger
When I was a young man graduating from college, more years ago than I choose to admit, I interviewed with various prospective employers. I remember the International Business Machine (IBM) recruiter telling me that the number one earner was (can you guess?) the typewriter ribbon sales man. I'm glad I didn't pursue a career in ribbon sales. Recently, though, I've been reflecting on the technological "advances" that enable us to do everything faster, and what we may have lost in the process.

Did you used to write letters? It was a time-consuming, creative process to find just the right word for whatever it was you were trying to say. For the most part, letters have been replaced by email. It takes nanoseconds to communicate. Speed doesn't increase accuracy, however, and once something is unleashed on the internet, it's virtually impossible to reel it back in. Progress?

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And given today's technology, why do so many politicians, as well as corporate leaders, actors and even clergy, fail to think before they speak? Given today's technology, anything a public figure says is captured and filed somewhere. Yet every day we hear about someone contradicting his former statement, or worse yet, denying he ever made one. The media loves it; "gotcha" reporting is rampant.

In the old days, when a foursome was ready to begin a round of golf, we all pulled out our woods. Today, the woods are made of steel, and the only Woods left on the golf course is Tiger. The irons (still made of iron) are grooved to create backspin, which helps keep the ball on track. However, new regulations restrict the width and depth of grooves. Golfers will need to shorten their drives or sacrifice accuracy. When you add distance, unless you're very skilled, you lose accuracy in more things than golf. We need to realize that and so do our politicians.

Years ago, we put aside our work and actually dined, once if not two or three times each day. We talked and listened at the table. With the availability of fast food, most of us don't take time for leisurely meals except on weekends and special occasions. The net result is an epidemic of obesity and diabetes, families that rarely interact, and much less serious thought given to the issues of the day. That doesn't seem to be a net gain anyway you slice it.

Roger Schlesinger

Roger Schlesinger's Mortgage Minute is heard on hundreds of radio stations and daily on the Hugh Hewitt radio show and Michael Medved shows. Roger interacts with his hosts and explores the complicated financial markets in order to enlighten his listeners and direct them along their own unique road to financial freedom.