General Colin Powell endorses Obama.
Right-wing talk radio host, Rush Limbaugh, resorts to racial reductionism by claiming Powell's endorsement is based entirely on race.
I suppose we should expect nothing less from radio's demagogue-in-chief. He does nothing, but spread simple-minded reasons for his simple-minded audience.
I think Colin Powell has more complexity and gravitas than to resort to race as the single most salient factor for choosing his candidate.
General Powell is siding with history. He's also showing the world that more important things inform his attitudes and opinions than mere party loyalty.
Let the Republicans play the race card. It will blow up in their faces. History will bear this out.
Monday, October 20, 2008
Saturday, October 18, 2008
Attacks on ACORN have class warfare at their base
I have no dog in the supposed fight against the voter registration group ACORN.
Republicans are fighting tooth and nail to pin the voter fraud tail on the ACORN donkey.
This attack doesn't pass the smell test.
First off: It wasn't Democrats who claimed class warfare in this election. It was John McCain during the last presidential debate.
McCain spoke the words class warfare.
Secondly: ACORN, regardless of their problems and issues, focus primarily on registering the poor and minorities (who are over-represented amongst the poor).
The Republicans are using the political version of that old childhood chestnut: The one who smelt it is the one who dealt it.
Not only are the Republicans engaging in class warfare against the poor, like they've done for years with their advocacy of trickle-down economics, but they are attacking a group whose intention is to help the poor and under-represented participate in the system that treats them so poorly.
Of course the Republicans don't want the poor and minorities to participate. If they participate, chances are they will vote against policies that everyone knows helps the rich at the expense of the poor.
In another transparent attempt to diminish voter participation, the Republicans are engaging in a pretext attack using ACORN as a proxy for the poor and minorities.
What is a Pretext Attack?
It occurs when someone targets actions and groups associated with those they cannot tolerate rather than directly attacking those they cannot stand. In this case--The Poor and minorities.
I find this whole thing shameful and lacking in honor and courage. A pretext attack is the mark of douchebags and craven wusses.
If there is any reason for disliking a party, cowardice and dishonor tops my list. Why John McCain, who claims to be for honor and integrity, affiliates with such cowardice makes me feel sorry for him.
ACORN may be engaging in fraud, but there are better ways for Republicans to tackle that issue. They need to show the spine to acknowledge openly the truth--that truth being that they don't want the poor or minorities to vote.
That's the truth.
Republicans are fighting tooth and nail to pin the voter fraud tail on the ACORN donkey.
This attack doesn't pass the smell test.
First off: It wasn't Democrats who claimed class warfare in this election. It was John McCain during the last presidential debate.
McCain spoke the words class warfare.
Secondly: ACORN, regardless of their problems and issues, focus primarily on registering the poor and minorities (who are over-represented amongst the poor).
The Republicans are using the political version of that old childhood chestnut: The one who smelt it is the one who dealt it.
Not only are the Republicans engaging in class warfare against the poor, like they've done for years with their advocacy of trickle-down economics, but they are attacking a group whose intention is to help the poor and under-represented participate in the system that treats them so poorly.
Of course the Republicans don't want the poor and minorities to participate. If they participate, chances are they will vote against policies that everyone knows helps the rich at the expense of the poor.
In another transparent attempt to diminish voter participation, the Republicans are engaging in a pretext attack using ACORN as a proxy for the poor and minorities.
What is a Pretext Attack?
It occurs when someone targets actions and groups associated with those they cannot tolerate rather than directly attacking those they cannot stand. In this case--The Poor and minorities.
I find this whole thing shameful and lacking in honor and courage. A pretext attack is the mark of douchebags and craven wusses.
If there is any reason for disliking a party, cowardice and dishonor tops my list. Why John McCain, who claims to be for honor and integrity, affiliates with such cowardice makes me feel sorry for him.
ACORN may be engaging in fraud, but there are better ways for Republicans to tackle that issue. They need to show the spine to acknowledge openly the truth--that truth being that they don't want the poor or minorities to vote.
That's the truth.
Friday, October 17, 2008
Foreclosure crisis is tied to job stagnation and job loss. Class warfare is at the root of blaming the poor for mortgage mess
I've followed the housing crisis closely. What I've noticed in my hometown is that the hardest hit part of town is also the poorest.
When I look at job loss numbers since 2003, the hardest hit have been the poorest.
From a factual standpoint, job loss is the number one reason for foreclosure.
So what does this tell me?
It tells me that those who blame the foreclosure mess on people who "bought more house than they could afford" may be engaging in class warfare.
This underscores the need for jobs in this country. If people are gainfully employed with good employment prospects and with wages that are not stagnant, then they'll pay their bills.
Most people who lose their house to foreclosure didn't choose foreclosure. Circumstances created the problem. Obviously, some create their own mess, but with the numbers we're seeing, I doubt that so many would willingly or foolishly screw up in such a fashion.
Job creation has stopped in the country because the incentives are to move blue collar jobs offshore. Blue collar jobs are the province of the poor.
Without jobs, people have no money to spend. Without money to spend, people lose things that cost money, like houses and cars. Without money, the economy grinds to a halt.
So explain to me again how the victims of the housing mess are somehow to blame for their plight, while those who created the instruments leading to this mess are off the hook?
You can't. Furthermore, attempts to tie the crisis to one specific group, especially a group with the least amount of control over the situation, strikes me as stupid.
The problem is incredibly complex, but if blame must be placed, let us place it first at the feet of those with the greatest degree of control first. Who would that be? Bankers, Wall Street, and the Government.
When I look at job loss numbers since 2003, the hardest hit have been the poorest.
From a factual standpoint, job loss is the number one reason for foreclosure.
So what does this tell me?
It tells me that those who blame the foreclosure mess on people who "bought more house than they could afford" may be engaging in class warfare.
This underscores the need for jobs in this country. If people are gainfully employed with good employment prospects and with wages that are not stagnant, then they'll pay their bills.
Most people who lose their house to foreclosure didn't choose foreclosure. Circumstances created the problem. Obviously, some create their own mess, but with the numbers we're seeing, I doubt that so many would willingly or foolishly screw up in such a fashion.
Job creation has stopped in the country because the incentives are to move blue collar jobs offshore. Blue collar jobs are the province of the poor.
Without jobs, people have no money to spend. Without money to spend, people lose things that cost money, like houses and cars. Without money, the economy grinds to a halt.
So explain to me again how the victims of the housing mess are somehow to blame for their plight, while those who created the instruments leading to this mess are off the hook?
You can't. Furthermore, attempts to tie the crisis to one specific group, especially a group with the least amount of control over the situation, strikes me as stupid.
The problem is incredibly complex, but if blame must be placed, let us place it first at the feet of those with the greatest degree of control first. Who would that be? Bankers, Wall Street, and the Government.
Wednesday, October 15, 2008
Religion is losing market share to Science in the mental health department
The results of this study are not surprising.
Historically, religion was the sole purveyor of treatment for those with mental illness.
The change to a medical view on what is essentially a medical phenomenon--mental illness--will not come easily to religion.
Religion is fast losing part of its market share to science, so to speak.
Historically, religion was the sole purveyor of treatment for those with mental illness.
The change to a medical view on what is essentially a medical phenomenon--mental illness--will not come easily to religion.
Religion is fast losing part of its market share to science, so to speak.
It was only a matter of time
I guess it was only a matter of time before legal work would be outsourced.
The legal profession in the U.S. is already hamstrung by the incentives to create more lawyers.
Law schools are profit centers and make little effort to weed people out. Why would they when they can get three years of tuition?
With competition so fierce, many lawyers find it hard to stay in the profession.
As an attorney myself, I can speak to the difficulty in generating enough revenue to live a decent lifestyle. The well-to-do attorney is a thing of the past.
Outsourcing of legal work is only another nail in the coffin of a lucrative legal career.
Probably the only area of expertise that cannot be outsourced is litigation. Why?
Courts will always need a warm body to be present to argue motions and conduct trials.
The legal profession in the U.S. is already hamstrung by the incentives to create more lawyers.
Law schools are profit centers and make little effort to weed people out. Why would they when they can get three years of tuition?
With competition so fierce, many lawyers find it hard to stay in the profession.
As an attorney myself, I can speak to the difficulty in generating enough revenue to live a decent lifestyle. The well-to-do attorney is a thing of the past.
Outsourcing of legal work is only another nail in the coffin of a lucrative legal career.
Probably the only area of expertise that cannot be outsourced is litigation. Why?
Courts will always need a warm body to be present to argue motions and conduct trials.
Tuesday, October 14, 2008
Infrastructure spending leads to job creation and an economic turnaround
The tough economic times we find ourselves in demand some needed change from Washington.
We need a return to the New Deal. We need a New New Deal.
I've said this before in months past, but it bears repeating:
We need infrastructure spending.
By beginning new public works, the government will create jobs.
We need new jobs to replace the ones lost since 2003.
These new jobs will prime the economic pump and get consumption flowing.
I've never understood how it helps the economy to give more money to people that have plenty. They don't go out and spend it like someone who lives paycheck to paycheck does. In fact, the wealthy just squirrel it away, keeping it out of the economy.
When people are put to work, they spend. When people spend, more jobs are created to service their demands.
It's a win-win.
We need a return to the New Deal. We need a New New Deal.
I've said this before in months past, but it bears repeating:
We need infrastructure spending.
By beginning new public works, the government will create jobs.
We need new jobs to replace the ones lost since 2003.
These new jobs will prime the economic pump and get consumption flowing.
I've never understood how it helps the economy to give more money to people that have plenty. They don't go out and spend it like someone who lives paycheck to paycheck does. In fact, the wealthy just squirrel it away, keeping it out of the economy.
When people are put to work, they spend. When people spend, more jobs are created to service their demands.
It's a win-win.
History is trying ot repeat itself. We must remain forever vigilant againt the loss of our soul
History should never be far from our minds when we examine the rumblings of masses.
When I see the federal government under the control of a right-wing president make a power grab in the form of nationalizing the banking system.
When I see the members of that same president's party resort to bigotry, hatred, and outright xenophobia to win an election, I cannot turn a blind eye to the rise of the Third Reich in Germany.
Hitler flamed the hatred and prejudices of Germans during bad economic times to seize the reins of power. What was the result? Millions dead, and a country further destroyed and embarrassed for its misdeeds.
We can ill-afford to march down that same path. We, as a nation, must fight the easy certainty of hatred, prejudice, and eventual decline that will follow such a choice.
When I see the federal government under the control of a right-wing president make a power grab in the form of nationalizing the banking system.
When I see the members of that same president's party resort to bigotry, hatred, and outright xenophobia to win an election, I cannot turn a blind eye to the rise of the Third Reich in Germany.
Hitler flamed the hatred and prejudices of Germans during bad economic times to seize the reins of power. What was the result? Millions dead, and a country further destroyed and embarrassed for its misdeeds.
We can ill-afford to march down that same path. We, as a nation, must fight the easy certainty of hatred, prejudice, and eventual decline that will follow such a choice.
Scary sign in nationlization of banks. One world order not far behind
Here's a scary sign. When the government begins taking over buisnesses essential to our economy then we all should pay attention to history.
Hitler did this. So did the communists.
Where are we going people? Wake up America!
Hitler did this. So did the communists.
Where are we going people? Wake up America!
Monday, October 13, 2008
Media fallacy in pursuing "balance" spelled out.
Here's a link to the description of the fallacy I referred to in a previous post about the media's attempts at "balance."
This explains the fallacy in plain and simple terms.
The middle is not always correct.
This explains the fallacy in plain and simple terms.
The middle is not always correct.
Social Psychology has answers as to why people behave like assholes in political situations
Another instance of science showing why people do things we all know is wrong.
All done in the name of fitting in.
Critical thought and willingness to be (shall we say it...) a maverick is the only way to stand up and man up when the truth is involved.
Republicans do not have the market cornered on being mavericks. In fact they are followers like everyone else given the right circumstances
All done in the name of fitting in.
Critical thought and willingness to be (shall we say it...) a maverick is the only way to stand up and man up when the truth is involved.
Republicans do not have the market cornered on being mavericks. In fact they are followers like everyone else given the right circumstances
Study makes short work of a touchstone of Right-wing ideology
This story shoots holes in the notion prevalent among ideologues on the Right that college is a place where "fuzzy-headed, liberal, professors" indoctrinate the nation's youth.
As with all chimeras, the facts say more about the believers in such false notions than it does about those it inaccurately purports to describe.
The Right has a long and troubles association with education and anti-intellectualism.
If you look back to the Third Reich (A Right-Winger's wet dream of a time...), one of Hitler's first actions was to either kill or exile all the college professors. He did this because education and mental discipline were anathema to the Nazi ideology.
The good thing about college is that it teaches people to argue, debate, and exercise critical thinking (At least that's what it's supposed to do..).
Hitler knew critical thinking would undermine his plans, so he took steps to short circuit the potential for critical thought.
The Right similarly hates critical thought and this underscores why the image of the liberal college professor indoctrinating the nation's youth into the liberal church is used to scare like-minded ideologue.
This study is great.
As with all chimeras, the facts say more about the believers in such false notions than it does about those it inaccurately purports to describe.
The Right has a long and troubles association with education and anti-intellectualism.
If you look back to the Third Reich (A Right-Winger's wet dream of a time...), one of Hitler's first actions was to either kill or exile all the college professors. He did this because education and mental discipline were anathema to the Nazi ideology.
The good thing about college is that it teaches people to argue, debate, and exercise critical thinking (At least that's what it's supposed to do..).
Hitler knew critical thinking would undermine his plans, so he took steps to short circuit the potential for critical thought.
The Right similarly hates critical thought and this underscores why the image of the liberal college professor indoctrinating the nation's youth into the liberal church is used to scare like-minded ideologue.
This study is great.
Saturday, October 11, 2008
Britney may have gotten her VMA awards in exchange for the exclusive rights to show her documentary...maybe.
I've gotten a lot of grief for not living up to the name of my blog, specifically in the celebrity department.
In an effort to appease the powers that be (namely, those who thrive on gossip), I'm gonna provide my little bit of celebrity insight. Keep in mind that I have no inside information, just my astute sense of the entertainment biz as source for this. So without further adieu...
Question: Who has been the top tabloid fodder for the past couple of years?
Britney Spears.
Question: Who won a number of Video Music Awards from MTV this year?
Britney Spears.
Question: What network has the exclusive rights to show the upcoming 90 minute documentary from Britney, about Britney?
MTV.
Question: Who stands to benefit from all the advertising dollars generated from said tabloid darling Britney from the last few years?
MTV
Now, based on the surprise that Britney showed during her acceptance speeches on said Video Music Awards AND based on the fact that Britney won a number of awards that probably should have gone to other artists, AND based on the fact that MTV has the exclusive rights to the first run of Britney's documentary...I ask you this:
Is it possible that MTV gave Britney her VMA awards IN EXCHANGE for the exclusive rights to show the documentary that will bring in so much ad revenue?
Is it possible that the stench of PAYOLA is wafting through the air?
Thoughts anyone?
In an effort to appease the powers that be (namely, those who thrive on gossip), I'm gonna provide my little bit of celebrity insight. Keep in mind that I have no inside information, just my astute sense of the entertainment biz as source for this. So without further adieu...
Question: Who has been the top tabloid fodder for the past couple of years?
Britney Spears.
Question: Who won a number of Video Music Awards from MTV this year?
Britney Spears.
Question: What network has the exclusive rights to show the upcoming 90 minute documentary from Britney, about Britney?
MTV.
Question: Who stands to benefit from all the advertising dollars generated from said tabloid darling Britney from the last few years?
MTV
Now, based on the surprise that Britney showed during her acceptance speeches on said Video Music Awards AND based on the fact that Britney won a number of awards that probably should have gone to other artists, AND based on the fact that MTV has the exclusive rights to the first run of Britney's documentary...I ask you this:
Is it possible that MTV gave Britney her VMA awards IN EXCHANGE for the exclusive rights to show the documentary that will bring in so much ad revenue?
Is it possible that the stench of PAYOLA is wafting through the air?
Thoughts anyone?
R.I.P. the former John McCain
By using a largely over-used metaphor prevalent in today's world, John McCain has gone over to the dark side.
He uses personal attacks rather than substantive policy positions to compete. This indicates he's already lost but is unwilling to admit defeat. Why? Because if he was truly a man of honor, he'd have better arguments and policies instead of relying on the tactics of weakness. Mudslinging is only for wimps and pussies.
At one time, I respected John McCain. I respected him when he ran against George Bush and between the two, I would have chosen McCain.
Now? He's lost all semblance of rationality and honor. He's completely destroyed any integrity his service could have garnered in my mind.
It's a tragic end for a once fine American.
Goodbye John McCain.
He uses personal attacks rather than substantive policy positions to compete. This indicates he's already lost but is unwilling to admit defeat. Why? Because if he was truly a man of honor, he'd have better arguments and policies instead of relying on the tactics of weakness. Mudslinging is only for wimps and pussies.
At one time, I respected John McCain. I respected him when he ran against George Bush and between the two, I would have chosen McCain.
Now? He's lost all semblance of rationality and honor. He's completely destroyed any integrity his service could have garnered in my mind.
It's a tragic end for a once fine American.
Goodbye John McCain.
Troopergate comes back to haunt McCain as previously predicted.
I warned awhile back that Troopergate would come back to rot the McCain campaign from within.
The report of the Alaska investigator into the matter has been released. The results are rather damning of Palin and her handling of the matter.
Of course, the Republicans will call it politics, but doing so ignores the following facts:
1. The probe began in July, a couple of months before Palin became the VEEP choice.
2. Governor Palin agreed to participate in the investigation until she became the VEEP choice. This indicates that the politics were coming from the Republican side.
3. The investigator was a former Republican prosecutor, so the allegations of politics seem a little unfounded.
With the above, I think this mess will turn out to destroy Palin's positive influence on the campaign unless McCain's supporters are so willfully ignorant of the facts that they choose partisanship over integrity.
Considering past behavior, I suspect that McCain will maintain his loyal base and Governor Palin will be viewed as a victim by that base, despite the evidence to the contrary.
Such a sad state of affairs when partisanship trumps honesty and integrity.
The report of the Alaska investigator into the matter has been released. The results are rather damning of Palin and her handling of the matter.
Of course, the Republicans will call it politics, but doing so ignores the following facts:
1. The probe began in July, a couple of months before Palin became the VEEP choice.
2. Governor Palin agreed to participate in the investigation until she became the VEEP choice. This indicates that the politics were coming from the Republican side.
3. The investigator was a former Republican prosecutor, so the allegations of politics seem a little unfounded.
With the above, I think this mess will turn out to destroy Palin's positive influence on the campaign unless McCain's supporters are so willfully ignorant of the facts that they choose partisanship over integrity.
Considering past behavior, I suspect that McCain will maintain his loyal base and Governor Palin will be viewed as a victim by that base, despite the evidence to the contrary.
Such a sad state of affairs when partisanship trumps honesty and integrity.
Thursday, October 9, 2008
McCain has lost his credibility and his honor...if he ever realy had any to begin with
Here's a good story about McCain from the right-wing REALCLEARPOLITICS.com
I didn't realize that John McCain was a member of the fascist group World Anti-Communist League. Has a nice sounding name, but is really a haven for war criminals and drug smugglers who just so happen to sport an ultra-right wing ideology.
McCain is nothing more than a politician. He's lost all credibility as a man of honor and integrity with his smears.
Fortunately, American has awoken from its slumber of ideology.
I didn't realize that John McCain was a member of the fascist group World Anti-Communist League. Has a nice sounding name, but is really a haven for war criminals and drug smugglers who just so happen to sport an ultra-right wing ideology.
McCain is nothing more than a politician. He's lost all credibility as a man of honor and integrity with his smears.
Fortunately, American has awoken from its slumber of ideology.
False balance is giving in to the wrong side
This story gets at a complaint I've had for years against the press.
My problem has been the attempt to present a "balanced" view or an even-handed story when the facts are not so balanced and even-handed.
Attempting to provide balance when the facts scream otherwise is nothing but press bias in its own right.
For example: To be balanced when you report on the world being round, you should probably give equal time and the appearance of equal weight to those who say the Earth is flat.
Now, most of us would think the flat earthers don't deserve the same billing as the rest of us and we'd be right. But, by giving equal weight to the flat earth advocate, we'd be giving them MORE weight than they deserve.
Can you see my point?
When someone demands balance from the press they are in essence admitting they are in a weak position and are demanding that the world give them an advantage not warranted by their position.
False balance is just as wrong as being an ideologue.
My problem has been the attempt to present a "balanced" view or an even-handed story when the facts are not so balanced and even-handed.
Attempting to provide balance when the facts scream otherwise is nothing but press bias in its own right.
For example: To be balanced when you report on the world being round, you should probably give equal time and the appearance of equal weight to those who say the Earth is flat.
Now, most of us would think the flat earthers don't deserve the same billing as the rest of us and we'd be right. But, by giving equal weight to the flat earth advocate, we'd be giving them MORE weight than they deserve.
Can you see my point?
When someone demands balance from the press they are in essence admitting they are in a weak position and are demanding that the world give them an advantage not warranted by their position.
False balance is just as wrong as being an ideologue.
AIG P. R. department is prowling the web for rapid response to negativity.
In an effort to give fair and equal treatment, I've decided to post a comment that I received on my previous posting about AIG.
Here:
AIG Blog Relations
Earlier today, AIG announced an important policy change - one that we wanted to be sure you knew about.
A short time ago, our Chairman and CEO Ed Liddy said that he has ordered the immediate cancellation of all outside meetings, conferences, and recognition events across AIG, except those that are required by law or that are deemed absolutely critical to sustain our ongoing business needs.
Given AIG's commitment to our customers, business partners, regulators, and American taxpayers, coupled with the new and very different challenges our company now faces, we take these responsibilities extremely seriously. Their trust is critical to our success. We recognize the need to be sensitive about all company expenditures.
As we move forward, we will continue our focus our efforts to pay back the $85 billion loan from the Federal Reserve Bank of New York as quickly as possible.
Well, it seems that the AIG PR department is on the prowl to respond to any potentially negative press about them after the snafu with the "Spa" event.
My little old blog popped up on someone's radar.
Here:
AIG Blog Relations
Earlier today, AIG announced an important policy change - one that we wanted to be sure you knew about.
A short time ago, our Chairman and CEO Ed Liddy said that he has ordered the immediate cancellation of all outside meetings, conferences, and recognition events across AIG, except those that are required by law or that are deemed absolutely critical to sustain our ongoing business needs.
Given AIG's commitment to our customers, business partners, regulators, and American taxpayers, coupled with the new and very different challenges our company now faces, we take these responsibilities extremely seriously. Their trust is critical to our success. We recognize the need to be sensitive about all company expenditures.
As we move forward, we will continue our focus our efforts to pay back the $85 billion loan from the Federal Reserve Bank of New York as quickly as possible.
Well, it seems that the AIG PR department is on the prowl to respond to any potentially negative press about them after the snafu with the "Spa" event.
My little old blog popped up on someone's radar.
Wednesday, October 8, 2008
AIG shows why it's in bad shape--Poor judgment
People are rightly mad over AIG's "spa" event for it's executives.
Not only does AIG get into trouble for bad business, they put their lack of business acumen on display by sending executives to a spa AFTER they get a tax payer funded bailout.
I can tell you that I'd like a spa trip at someone else's expense. Maybe Congress will grant me such a boon because after the last eight years, I could surely use a little massage and hot mud...
Not only does AIG get into trouble for bad business, they put their lack of business acumen on display by sending executives to a spa AFTER they get a tax payer funded bailout.
I can tell you that I'd like a spa trip at someone else's expense. Maybe Congress will grant me such a boon because after the last eight years, I could surely use a little massage and hot mud...
Bigots trying to make African Americans to blame for mortgage crisis--Idiots
It seems that some people look for ways to target minorities for the ills that afflict the nation to a higher degree than most.
Some on the Right blame mortgage loans to black people for the mortgage crisis.
The tenacity with which bigotry holds on still bothers me.
Can't we all just get along?
There are just as many, if not more white people who stop paying their mortgages as black people. Most people with mortgages don't stop paying it because they mis-spend their money elsewhere; they do it because it becomes more important to put food in their mouths rather than pay a mortgage.
Maslow's hierarchy of needs wins out in the end. (Food before shelter, etc.).
To blame a group for the mortgage mess because it fits some stereotype shows the utter idiocy of those claiming it.
Shame, shame, shame.
Some on the Right blame mortgage loans to black people for the mortgage crisis.
The tenacity with which bigotry holds on still bothers me.
Can't we all just get along?
There are just as many, if not more white people who stop paying their mortgages as black people. Most people with mortgages don't stop paying it because they mis-spend their money elsewhere; they do it because it becomes more important to put food in their mouths rather than pay a mortgage.
Maslow's hierarchy of needs wins out in the end. (Food before shelter, etc.).
To blame a group for the mortgage mess because it fits some stereotype shows the utter idiocy of those claiming it.
Shame, shame, shame.
Tuesday, October 7, 2008
Stories of our demise are greatly exaggerated.
When I read stories like this about banks worldwide faltering, seemingly in response to the financial crisis here in the U.S., I suspect that those predicting the loss of American significance are wrong.
The U.S. remains a large player in the world. Whenever a major shift occurs, it's like a rock hitting water. The ripples spread outward affecting every boat floating on the water.
This world is extremely inter-connected and for us to ignore that in an effort to save ourselves does nothing but doom us all. It's like the state motto of Kentucky: " United we stand, divided we fall."
The world is in for a tough time. A lot begins here in the U.S. We may be first, in this, but it will be us that leads the world out of the trouble not because of American exceptionalism, but because there's no one else who can do it.
The U.S. remains a large player in the world. Whenever a major shift occurs, it's like a rock hitting water. The ripples spread outward affecting every boat floating on the water.
This world is extremely inter-connected and for us to ignore that in an effort to save ourselves does nothing but doom us all. It's like the state motto of Kentucky: " United we stand, divided we fall."
The world is in for a tough time. A lot begins here in the U.S. We may be first, in this, but it will be us that leads the world out of the trouble not because of American exceptionalism, but because there's no one else who can do it.
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