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Posts Tagged ‘Wall Street’

         What a stinking mess we are living with.  Fear smells up a place…we have a huge financial crisis, a huge political crisis; and, it could be a privotal moment of rescue or a plunge into the abyss and truthfully, the whole thing could go either way!

          Huge meetings are taking place in Washington…panic is like a throbbing headache…it is there making it presence known…threatening to turn into something much worse than a mere pain.  Into the frey, we have a bailout plan that was possibly agreed upon, until some say McCain derailed it with the House Republicans who disagreed strongly with parts of the plan. 

          Throw on top of that…a debate that is scheduled for tonight between Sen. McCain and Sen. Barack Obama.  Battle lines have been drawn, in a somewhat blurry manner.  Sen. Obama says he will definately show up for the debate…McCain says…we should reschedule the debate and focus on this immediate crisis with a plan for the financial stabilization for our country.  Our leaders have been in financial denial too long to let this negatively impact our country any longer.  It is time for commitment to understanding the problem and taking action.

          Who is correct…Obama says the debates are important to help the people understand how the Senators would handle things if they were the chosen one for the Presidential office.  McCain says, these meetings in Washington are critical and that they should be involved in them.  This whole thing is larger than a difference of opinion.  Does it say something very basic about Obama’s nature to hold to the plan for the debate when all of the rest of the country is focussed on this crisis?  Does he feel set apart from it all?  Or is he making a statement by letting the others take the action behind the scenes?  Is he right to stay out of it?  Or should he be more involved? If he doesn’t get involved in the planning of the bailout…will he understand best how to run the country if he should win the election?  Will Obama will the voter’s approval in November for not going to Washington at this time? 

        Is McCain right to be in the middle of things?  Should he be in there fighting for the things to be included or excluded in the bailout plan?  If he wins the election will it help him to run the country by being involved in the planning of the bailout?  Should he back out of it and go do the debate?  Will McCain’s involvement hurt his chances for election in November?  Or will he be seen as trying to make a difference?  Does his involvement help or hurt his chances for election?

          What i don’t understand is why they both can’t be right?  Why can’t the debate be moved to Washington and take place there…while the rest of their time could be focussed on the meetings to keep current on what is happening behind closed doors.  Those meeting are going to not only impact the country in deep and profound ways…but, will also impact whoever does end up in the Presidential position!  This is real, this is so much bigger than either of the candidates and they both need to understand that the American people are going to have their decision made for them by the end of this crisis!

          This is no time for game playing, no time for political mud slinging, no time for experimentation…this country is looking for someone to take the helm of this country and be proactive in guiding the ship to a safer, less rocky course than it is on at this very moment in time. 

          Wall Street is in turmoil, the American tax paying public is in no position to fund a bailout when most of it’s residents are barely surviving as it is.  Banks are collapsing, housing is bottoming out, businesses are busting out all over the place, people’s investments and retirements are in jeparody…this is shaky ground; reminescent of what happened in Russia just a few short years ago. 

          Other countries are getting nervous as well.  Beware of the person who says they have all of the answers…because no one possibly can.  This is uncharted areas of expertise.  The last thing we need is a knee jerk policy…however, we need to start doing some major corrective action or things will not be able to recover. 

           Anyone with half of a brain knows that you don’t make crucial decisions when everything is imploding…because you need to make rational choices.  How in the heck did we get this far gone in this country before the “experts” in the markets and financial infrastructure sent up a red flag or a flare?  Couldn’t they see this coming down the road early enough to start changing the direction of this disaster?

           People’s very quality of life is slipping through the cracks of our governing body.  Something has to be done…but, who knows best?  Who do we trust?  Are we going to waste time having a political showdown between the two very people who could possibly be running the government in less than two or three months?  The sky is falling people…the sky is falling…for real this time; we are not crying wolf when we say…we need an immediate comprehensive plan to stop this country from disappearing into a black hole in the universe!  It is time to pray for the leadership of this country and ask that they be given wisdom in their decision making!!!  update:  Breaking news…McCain now says: he WILL attend the debate this evening in Oxford, Mississippi!

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