Monday, October 06, 2008

Oh well......

When Rome fell it collapsed all the known worlds ecomomies and ushered in what is known as the dark ages. It took 800 years, untold human misery, famines, and even a round with bubonic plague before human kind recovered. Does the USA have that kind of power and prestige that will collapse a world if it fails? I think not. Technology has made the world a very different place than it was when Rome ran things, and the world is far better educated. That hasn't kept us from being stupid, and the last couple of weeks has proven that.
In my wildest imagination 40 years ago I could not have begun to picture how we would one day simply hand over the authority to those who have led us into such depths of dishonesty and to crush the chances of future generations so far ahead.
All this is assuming we will stand responsible for the havoc we have brought on ourselves, which of course we won't. Instead, lurking in our future is probably a war so big it will defy definition, and re-write all the rules for living standards, and who knows how that will play out.
When the idea of bail out was first mentioned, who knew how far it would reach? Nor who could possibly know just how far our politicians would drag us?
This bail out was never about the regular folk. We have yet again been taken to the cleaners. Nothing will prevent this economy from collapsing as long as it has no reason to correct itself and no one wants to face the music, and that does include everybody. The welfare recievers will take theirs as long as they can, and so will the big buck guys. I still say this ain't over as long as we can print money and as long as it has more stability and power than anyone else's, which it's still the currency of choice worldwide. Trust me.... this will change ...........

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