Re: So far, so good.
- From: "Martha Adams" <mhada@xxxxxxxxxxx>
- Date: Thu, 04 Dec 2008 05:22:57 GMT
"Keith F. Lynch" <kfl@xxxxxxxxxxxxxx> wrote in message news:gh7kts$993$1@xxxxxxxxxxxxxxxxxxx
Martha Adams <mhada@xxxxxxxxxxx> wrote:I like most I'm seeing of Obama. I shudder when I think we could
have had McCain where Obama is now.
If Seth is correct about the bailout growing to $4 trillion, it makes
little difference who is president, over the next few years we're in
for an ordeal far worse than the Great Depression.
It made little difference who was captain of the Titanic after it hit
the iceberg.
Getting past Bush II is very like recovering from a severe illness,
and I feel it. But I feel more: just a touch of hope for the future.
I hope you're right and I'm wrong. But I fear that the recovery is
about like the relief you feel once your inflamed appendix finally
bursts, releasing the pressure: Far worse is just ahead.
--
Keith F. Lynch - http://keithlynch.net/
Please see http://keithlynch.net/email.html before emailing me.
Yes, the 'inflamed appendix' scenario is all too possible,
even if we didn't have that process going on right now in
India, or a devil's list of others elsewhere. Some of my
basic concern is for myself: at age 77 I'm not a candidate
for strong response to troubles of any sort. And when I
read the news, I see a lot of dissonance with what one
reasonably estimates reality is. For instance: I think
'money' is a symbolic representation of wealth like property
or gold or industrial resource or whatever. But I notice
we are getting those large cash infusions that are said to
stimulate the economy, without any perceptible base for its
value. If Washington is just running those dollars out of
their presses, then more dollars on the same base means the
dollars are worth less ...and less. Nobody is talking
about this, am I to think money is magically a different
stuff now? Sorry, I'm not convinced.
So I think 'Far worse is just ahead' has got serious truth
in it but I can't see what that truth amounts to. I'd like
to be somewhere else when it happens, and not do the
Guadalcanal thing.
Guadalcanal: A fairly rich man in the 1930's guessed the
course of things and he thought he'd be somewhere else
when the trouble arrived. Like the South Pacific, a
peaceful place, say, Guadalcanal. So the story goes, he
moved to Guadalcanal before the troubles arrived....
If you're young that may not mean much to you. But I do
recall the news stories out of there when it was going
on. See issues of Life Magazine from the times.
So I think it's far-sighted to expect, "Far worse....' but
I don't see what's appropriate response to this approaching
reality.
Titeotwawki -- mha [rasff 2008 Dec 04]
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