Why are the people who seem able to influence what happens during this financial morass seem so interested in avoiding a recession? Have they become so arrogant that they believe they can move beyond the economic cycle by simply printing more bail-out money? We need pain and we need it now. The alternative is much more pain in a few years.
But the system could collapse they say. So what? Is a little revolution now and then such a terrible thing? It's only fitting that we're due for a financial revolution and we get a sprinkling of cultural revolution thrown in as well. There will be blood, most of it metaphorical, but some of it could be literal and that might help remind people what it means to be responsible and accountable for the downfall of a system through the systematic flaunting of the rules and regulations that were placed there for a reason. It's a revolution, not a sound and cohesive financial system.
We as Americans also must accept the fact that we need to pursue, on average, a lower standard of living. Simplify. Don't obfuscate.
5 comments:
Right on. Right on! But -- sadly -- politically intolerable, thus not the approach to life we will see taken by our politicians.
buickguy - Wait a second, are you suggesting that the presidential election occuring in less than 40 days, a two-term, lame duck president concerned with his legacy, and a Treasury Secretary who used to be the CEO of a firm that just might benefit a little bit from a massive bailout might be influencing the decisions being made? I'm shocked, by golly, shocked!
This article explained it in a very simply way how we got into this mess:
http://tinyurl.com/4dhcsv
you're starting to sound dangerously like a radical leftist.
Awesome.
Not a leftist, just someone who wants accountability.
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