With all of the economic shake ups taking place in the United States…i was just wondering…is anyone else feeling a rising, fearful sense of dread and panic? It has building for the last year and a half with the mortgage crisis, rising costs of food, gasoline, home heating fuels, foreclosures, and job downsizings. Now on top of all of that…we are seeing the fall of the major financial instutions in our country.
Some Americans, in portions of our country, have been seeing and feeling the economic sense of dread and panic rising for quite some time. It started with many job markets closing down or moving out of country (outsourcing) and then we started to see the domino effect from credit card lapses, missed mortgage payments, vehicle repossessions and then, foreclosures of homes that probably never should’ve been financed in the first place. It has been, and continues to be, a chain reaction.
The culture of over-indulgence, and pay later, mindset has decided to reveal it’s consequences. There was no safety net in place to cushion the blow. Once again in America, our quality of life is being threatened in a way that has the potential to bring our country to it’s knees; similar to the Great Depression that we all studied about in history class as children. It has gone beyond a wake up call and moved to a place of drastic correction. How are we going to deal with that as a nation?
Tonight, President Bush is going to be speaking to the American citizens on the economic crisis that this country faces. Minutes ago, Sen. John McCain made a statement saying that he is suspending his Presidential campaign to go to Washington to help deal with the historical financial crisis; McCain is calling on Sen. Barack Obama to put the campaign aside for the time being to focus on a bi-partisian solution. Now is not the time for political game playing. Anyone who dares go there…will loose the election for sure just because of it. A commitment must be made to work on the issues that we are facing and stop playing word games and power plays to get attention.
Time is of the essence at the moment; the impact has the potential to deconstruct the global economy. Not only are our citizens watching and waiting to find a solution…other countries are doing the same. Is there any possible way that we can as a nation and as individuals recover from this mess?
Write where you are 