Scary thing is, I might be right 
Last month, I made a post speculating what might happen to the world markets if ExxonMobil ever fails; (as many people in this land are hoping for, by the way). Judging how the market reacted today to a Congressional vote on a handout from the taxpayers, I might be right.

Additionally, after years of rooting for bad economic news and pumping up anything that was even remotely bad (and overlooking anything that was good - like when the DJIA topped 14K, the MSM made sure they didn't credit Bush, but he'll get a big chunk of blame for this current plunge), the MSM looks to have gotten their wish - crisis right before election day. Part of this is a manufactured problem designed to do just what it's doing - give people gloom and doom right before we go to the polls. The big part, of course, is the people themselves - spending, borrowing, and living beyond their means and lenders and the government doing their best to encourage it. It has now come time to pay for this foolishness and licentiousness that took root in the late 1990's; a prime example why the "if it can be done, it should be done" philosophy is nothing more than obtuse judgment and immaturity. But I digress, philosophical ideology is not entirely to blame, there's been plenty of malfeasance from everyone from the top down in both politics and business.

Just as children need their parents, even if they don't think they do, society needs the acute and mature who are the responsible citizens who manage their affairs properly and we seem to be a vanishing breed.

[ add comment ] ( 928 views )   |  permalink

<< <Back | 15 | 16 | 17 | 18 | 19 | 20 | 21 | 22 | 23 | 24 | Next> >>