Not Such a Tight Race
Tuesday, September 16th, 2008Bear Stearns, Lehman Bros., Merrill Lynch, and perhaps AIG….hmmm. The stock market is descending, foreclosure rates continue to rise, Americans continue to experience rising living expenses, decreasing value in their dollars and significant unemployment. Yet, our political leadership continues to stand before us painting a picture of a strong economy and rosy days ahead. So much for being in touch with the experiences of the “average American.” A photo op with a factory worker is about as “in touch” as most of our politicians ever get. I’m worried, about my retirement pension, about our children attending college and now unable to find adequate employment, about leadership who tell us that everything is alright and that the economy is, as John McCain put it, “fundamentally sound.” This is a crisis which our leadership have allowed to continuously worsen! So much attention on homeland security and wars, little attention, little regulating of the mortgage industry. (more…)