Monday, February 23, 2009

12 Steps--Can we "Fix" Our Little City?

First post, after the famous 12 steps of AA:

1. We were powerless over our greed, the need to develop and flip.

2. Came to believe that a power greater than us, like the FDIC, could restore us to sanity.

3. Made a decision to turn our will and our lives over to the care of God and the FDIC as we understand Them.

4. Made a searching and fearless moral inventory of ourselves and our balance sheets.

5. Admitted to God, to the FDIC, to ourselves and to other human beings the exact nature of our wrongs.

6. Were entirely ready to have God and the FDIC remove all these defects of character.

7. Humbly asked Them to remove our shortcomings, toxic assets and SDCs.

8. Made a list of all persons we had harmed, deceived, and screwed, and became willing to make amends to them all.

9. Made direct amends to such people wherever possible, including paying back goods and monies we stole, except when to do so would injure them or others.

10. Continued to take personal inventory and when we were wrong promptly admitted it.

11. Sought through prayer and meditation to improve our conscious contact with God and the FDIC as we understood Them, praying only for knowledge of Their will for us and the power to carry that out.

12. Having had a spiritual awakening as the result of these steps, we tried to carry this message to other greedy bubbleheads and to practice these principles in all our affairs.

Feel free to modify or add your steps in the comments.



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