I was having lunch today with a good friend and the topic of the economy came up. Well, it just didn't "come up" it was the topic of conversation from the moment we sat down. The questions back and forth ranged from what we thought was going to happen in the next 2-3 months, to the stability of our jobs, to the financial future of our children. But this was no ordinary conversation, in fact it was unlike any conversation we have had in the nearly 20 years since we first met. What made it different was the fact that neither one of us had any answers, nor pretended to have any. To almost every question revolving around the country's future and this economy we exchanged nothing but blank stares. Now this wasn't like a meeting of the Federal Reserve, and the fact that 2 fat old guys would not have a clue about the future of our economy would rarely surprise anyone. But the real issue is that we should at least have an opinion...shouldn't we?
We should have some feeling of confidence in our country and our way of life...but we don't. We don't have the answers, and unlike past conversation we were both too nervous to venture a guess on what is going to happen. This is unlike the baseball and football games we badger each other about on a regular basis. This is about eating or not eating....survival. This country has spent to many years living the good life on credit...credit that was given out too freely and to everyone....especially to those who could least afford to pay it back. Now it's time to pay for our bad choices, and the one's to be hardest hit will be those that always get hit the hardest...the middle class. The poor will always get help, the rich will have their money, but the middleclass is the group that struggles to do just a little better than those that came before them....and because of some bad choices by the wealthiest people in our society we are going to have to pay for our dreams.
We're not paying for a cause worth fighting for like feeding the poor, comforting children, or helping abused animals....we're coming to the rescue of banks and financial instituations....God Bless America!
Aging Might Not Be Inevitable
6 months ago
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1 comment:
I agree that it is frustrating that our system is set up so that we have to 'bailout' wallstreet or mainstreet at all just to keep the economy secure for everyone else. I think that the homeowners made bad choices and got themselves in too deep and that is their own choice. We have a choice to sign that loan or not and we need to be prepared for paying off our debts. This goes for individuals, companies and government. I believe that the companies and lenders did the same exact thing when they also put too much on credit and asked for homeowners to take these loans. Just a thought, but I think most of our problems are systematic. We need to find a way to control oursleves before the government steps in and does it for us. Socialism anyone? I hope not.
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