This account is pending registration confirmation. Please click on the link within the confirmation email previously sent you to complete registration.
Need a new registration confirmation email? Click here
Stocks Under $10 with 50-100% upside potential - 14 days FREE!

Enough of the 'New Normal' -- What About Old Values?

The following commentary comes from an independent investor or market observer as part of TheStreet's guest contributor program, which is separate from the company's news coverage.

NEW YORK (TheStreet) -- Enough already with every crisis of the quarter, shift of the market and global upset being called the "new normal."

Who started that phrase anyway?

The term, "new normal" has been attributed to technology investor, Roger McNamee, at a January, 2002 Fast Company magazine event. At the time he described the "new normal" as a time of solid opportunity to focus on great ideas and great execution in the midst of a changing globally competitive landscape.

As with most business phrases in our society, they soon tire from over usage. Such is the term "new normal." While fitting to describe any period of drastic change, this observer fears it is a very scary place because it can change too many rules of acceptable behavior, decency, accountability and reverence.

The "new normal." Is it "new?" Sure in the sense of different threats and opportunities and/or increased degrees of threats and opportunities.

Is it normal? Yes and no.

Yes, change is normal. No, because it creates disruption, confusion, complexity that threatens traditional thinking and behavior and tempts anarchy against traditional values.

There has always been a "new normal." It came with the advent of new lifestyle alternatives, public policies, economic shifts, war and civil unrest, technological innovation, socio-psycho-demographic changes, etc.

From my Boomer generation, the end of the Vietnam War, returning troops and all that came with it was a "new normal."

The assassinations of John and Bobby Kennedy, and Martin Luther King and the violence and changes of the civil rights movement ushered in a "new normal."

The rise of unions in corporate America brought in a "new normal."

The transitions in management theory and style continue to usher in "new normals" in business.

Dysfunctional and/or absence of parenting, prescription drugging of children, and violence exploited as entertainment brought on a phenomena of children killing children and suicides which in turn gave us a "new normal" of metal detectors and law enforcements in schools.

So-called sex education curricula, presidential misconduct coverage, sexploitation in the media, and severely inappropriate dealings with child pedophilia and Internet pornography and chat rooms has brought about a "new normal" which continues to lower the age at which a child is still innocent.

1 of 3

Select the service that is right for you!

COMPARE ALL SERVICES
Action Alerts PLUS
Try it NOW

Jim Cramer and Stephanie Link actively manage a real portfolio and reveal their money management tactics while giving advanced notice before every trade.

Product Features:
  • $2.5+ million portfolio
  • Large-cap and dividend focus
  • Intraday trade alerts from Cramer
  • Weekly roundups
TheStreet Quant Ratings
Try it NOW
Only $49.95/yr

Access the tool that DOMINATES the Russell 2000 and the S&P 500.

Product Features:
  • Buy, hold, or sell recommendations for over 4,300 stocks
  • Unlimited research reports on your favorite stocks
  • A custom stock screener
  • Upgrade/downgrade alerts
Stocks Under $10
Try it NOW

David Peltier, uncovers low dollar stocks with extraordinary upside potential that are flying under Wall Street's radar.

Product Features:
  • Model portfolio
  • Stocks trading below $10
  • Intraday trade alerts
  • Weekly roundups
Dividend Stock Advisor
Try it NOW

Jim Cramer's protege, David Peltier, identifies the best of breed dividend stocks that will pay a reliable AND significant income stream.

Product Features:
  • Diversified model portfolio of dividend stocks
  • Alerts when market news affect the portfolio
  • Bi-weekly updates with exact steps to take - BUY, HOLD, SELL
Real Money Pro
Try it NOW

All of Real Money, plus 15 more of Wall Street's sharpest minds delivering actionable trading ideas, a comprehensive look at the market, and fundamental and technical analysis.

Product Features:
  • Real Money + Doug Kass Plus 15 more Wall Street Pros
  • Intraday commentary & news
  • Ultra-actionable trading ideas
Options Profits
Try it NOW

Our options trading pros provide daily market commentary and over 100 monthly option trading ideas and strategies to help you become a well-seasoned trader.

Product Features:
  • 100+ monthly options trading ideas
  • Actionable options commentary & news
  • Real-time trading community
  • Options TV
To begin commenting right away, you can log in below using your Disqus, Facebook, Twitter, OpenID or Yahoo login credentials. Alternatively, you can post a comment as a "guest" just by entering an email address. Your use of the commenting tool is subject to multiple terms of service/use and privacy policies - see here for more details.
Submit an article to us!
DOW 17,098.45 +18.88 0.11%
S&P 500 2,003.37 +6.63 0.33%
NASDAQ 4,580.2710 +22.5760 0.50%

Brokerage Partners

Rates from Bankrate.com

  • Mortgage
  • Credit Cards
  • Auto

Free Newsletters from TheStreet

My Subscriptions:

After the Bell

Before the Bell

Booyah! Newsletter

Midday Bell

TheStreet Top 10 Stories

Winners & Losers

Register for Newsletters
Top Rated Stocks Top Rated Funds Top Rated ETFs