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No one can prognosticate with any kind of confidence since this is a virtually unique situation resulting from a confluence of factors most of which do have historical precedent but which hithertofore have not been present simultaneously or in this array. The fact that "socialism", or something very close is coming to the rescue of casino-style Capitalism...again...brings us to the yawning precedent of the Great Depression. There are so many good rules established then (New Deal,1930;s) which were thought obsolete and "deregulated" in the Clinton term that are proving invaluable in their absence....but the American citizenry, and I hate referring to us this way-a political term-but it is in politics that we can come together and change this by the structures now in place. But when things stabilize- Or ,heaven forbid, get worse- we ought as Americans and not as partisans of any faction,political, religious or social take a very hard look at the macro environment wherein this collapse occurred- economic systems tweaked to the max to favor Big Business-not Business-Big Business. IN the late 19th century a brake was applied to "monopolies"and "Robber Barrons"-early capitalist tychoons- and the middle class was encouraged. In our times we may need a brake to this casino-style form Capitalism has taken-again-at the expense of the "6-pack Joe and soccer Mom". The Little Guy-our so-called "Working Poor". What IS working poor? You mean there are hard-working Americans, working fulltime who cannot buy a home ? Who cannot send their children-not just the favored child but all who wish-to the University? Who cannot afford to save enough for retirement? Who, if Dad or Mom gets sick,forbid very ill, will watch as the family disintegrates? Why? We should all be asking "Why?" The Wealth produced in the USA is staggering! It is in the trillions! How is it possible that middle class working-not "entitled" shirkers or manipulators or canny "players" but hard working Americans-are called "working poor" in the first place? There IS a place for reconstituting our system of preferment financially speaking to benefit the working man and woman and the time for that preferment is now. And Tomorrow and the day after that. There is so much $ down the drain but no one I know has "stocks or equities"-at least not that it shows.We have problems putting gas in the car.There IS enough wealth though-or was. When the new system is up and running we had better,like "monopolies" in the 19th(Thanks Teddy!) have a brake for casino-style Capitalism of the 20th and 21st Centuries which steadily bankrupts the very salt of our Land but enriches the Cheneys and Ashcrofts, todays' "Robber Barons" and Bush and all their cronies! rr out!
SparkleyPie *Mojo is my homeboy*
October 09, 2008 17:58:15
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