I am concerned about the United States of America. Could it be that I am going to see the downfall of the once regarded as the best place to live in the entire world? I think when a person evaluated what constitutes a great place to live, they look at the economy, the people, and the weather. As I can remember it, United States had some of the most amazing elements that build up those three criteria.
The 80's we had our share of the hardship economically, but people continue to respect one another. The conservative idea of respect thy neighbor were still instill within one another. We had a common experience that the land was new, with the constant flow of new immigrants, growth in population and change in civil law were getting planeted. You can have kids play out in the street and there would still be that common respect for the people around you. Things were tough economically, but at least people had each other in a brotherhood kind of way. We had a sense of common benefit that we live in the number one place in this world and we better make it work. We had our conflicts and internal battles but we never lost our humanity. Even war has etiquette. As for the weather, well it was always acceptable in comparison to the rest of the world.
Now as for the 90's we finally got out of our economic slump. Wealth began to accumulate and so does the divide lines. Business boomed, people continue to flock the country, and we all felt we were worth something (sometimes maybe we think we worth more than we really do). Now this country really became the country where a person can find gold right around the street corner. If literally that was the case, then we would not have any more streets. Thank god for that. But during the 90's, it was the birth of understanding thy 'Self'. We use the idea that we needed to take care of our self and somehow it morphed into a sense of entitlement because we work hard, we made money and whatever the other reasons why the 'Self' made it. The sad thing is that people became less banded as we focus on the 'self'. We chase after that gold around the corner and we left people behind while doing it. People stop being less considerate, less neighborly, and conservative ideas begin to fade. Of course there are the conservatives still, but then the line gets drawn by the conservatives against the liberals. So that in itself fracture the brotherhood in humanity. Maybe that is why we like sports because for that duration we draw back to our humanity. With all that wealth we were prouder than ever.
Now getting back to current time. Economy is falling apart. People lack humanity. Look around how strangers interact with strangers. Examine the media on what draws people's attention. United States became less of an envy but more of a downfall of the champ. In my prior blog, I mention my thoughts why the crash of the markets were going to happen. I was hoping that the worse of it would happen during the middle of next year. But unfortunately we have people who were more concern about greed and backing up their supporters than to look at the big picture. I think our banks and the home owners will get bailed out. But don't think that is a good idea. In fact this will plant an malign cancer in the US economy. We can try to redress the bad debt that got us into this mess. What about the greed and the unethical practice of people that got us here? Our bailout is not for the people that will suffer, but to cover the people that should be responsible for the failure that we are seeing today. If the policy makers can help it, they would not want this to go public and therefore the bailout will package (just like we repackage loans) to appear that we have to save the US economy. But if you look at it, Paulson and Bernanke were wrong in the past. If you look back at their statements in the past, they were wrong. Who is to say that they are right this time? But they don't need to be right in the long run, just so that some people can have time to recover and plan their financial strategy. So the bottom line to all this. We are not the envy anymore. The value of the dollar will drop, the redistribution of wealth across the world will happen and US will loose its shine.
So what is answer to all this? Well I don't have one just yet. I have some ideas. But for the immediate response, move oversea if you can. Go find that next corner filled with gold. Otherwise, go find your humanity. But for now at least we still have the weather. Just as long as global warming don't get the best of us.
Tuesday, September 23, 2008
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