Thursday, January 15, 2009

It'll take more than money to stop this recession

What is it going to take to turn this economy around? We have seen the result of the so-called bailout of the financial system, big bonus programs and big banks sucking up littler ones who didn’t get in on the bailout. What has it done for you, the poor sucker who is paying for all this? I think I can answer that for you, NOTHING! That’s right we have put ourselves in debt for the next generation or two, and have absolutely nothing to show for it. We elect politicians to do a job and supposedly protect us from criminal activity, yet we let them pick our pockets clean constantly. This financial armageddon we find our selves mired in will not be solved by throwing money at it alone. We really need to turn off the TV and the radio, and throw away the newspaper for a while, and just live our lives as we always have. We are bombarded daily with news of bank failures, companies going down, huge layoffs. It’s a wonder we all haven’t thrown it the towel and headed for the nearest high bridge. This recession we have created for ourselves, is as much a state of mind as it is a reality. To understand this better, pour a glass of water and drink about half of it. Now consider that this is the last water in the city, and you have to conserve what you can and still stay healthy. That half of a glass of water will start to look smaller and smaller. Take a sip about every hour, just a sip, you don’t want to run out. As the glass gets closer and closer to the bottom, the anxiety starts in. What happens when the water is all gone? It’s the same with a recession, one of these days some brilliant person will go on the air and say, “The recession is over”. Wall Street will rejoice and the market will jump 500 points. Businesses will start hiring again, and we all will be happy and free to spend our money on all the things we have been depriving ourselves of. Now I know I’m exaggerating a bit, but just stop and think about it for a minute. We are a very gullible species. We think, therefore we are. I can remember years ago when I stopped smoking. If I kept busy, and didn’t have time to think about it, I was fine. Every once in a while without thinking, I would reach into my shirt pocket for the ever present cigarettes, finding none, the panic would set in, and I would go out and buy a new pack. It’s a natural reaction to being deprived of something precious. I finally quit by carrying around a pack of cigarettes for about a month, but I put them upside down in my pocket, so I would have to think about whether I really had to have one or not. I kept telling myself if I really needed one, they were there, but since I had gone this long, I could do it a while longer. It worked for me, and in a month or so I pitched the pack in the trash. That was a very great day for me, I felt the monkey was finally off my back. We humans are creatures of habit, tell us something over and over long enough, and we will believe it to be true. Don’t get me wrong, if you are one of the unlucky ones who have lost your job due to this recession, it’s not just in your head, you’ve been the victim of the brainwashing of a Nation. If you are still working, making the same money, doing the same job, then you are among the 90% of the people who are part of the problem. What are you thinking, money doesn’t grow in your pocket. If anything, the money you horde now, will be worth less and less if the recession continues and deepens, inflation will eventually set in and your money will become less of an asset each day. If the 90% of the people who are still working, and still making money, went to the Mall this week, or to the car lot, and made just one purchase, this country would respond like a roman candle. We have let the Anchors of the Broadcast companies become our thought process. If they say it, we automatically believe it to be true. It’s time to take the responsibility on our own shoulders and break the cycle of depression that has taken over our great country. It’s time to go out and shop till you drop. And that’s my opinion, Don

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