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LOOKING INTO THE ABYSS

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LOOKING INTO THE ABYSS

If our leaders are deliberately deceiving us about the approaching economic tsunami, their misinformation is criminal--If they don't see it coming, their incompetence is treasonous.

On cable news today we learned that there is a 42 per cent chance we are in a recession, now being referred to as a "downturn". We all miss the point if we argue economic indicators and such and waste time deciding if we are in a recession. We don't even have time to argue whether Bush's economic policy is at fault. Why don't we? Because we can't rely on anything our government says.

It is reasonable to say that the administration is, at the time of this writing, saying we are not in real danger of a recession.  What makes us think they will now become advocates for the people and warn them of dangers to come? Katrina becomes a very discomforting analogy when you think of a great economic perfect storm that might change our country and our lives forever? Foreign ownership, a worthless dollar, bankruptcy, lack of leadership, self-destructive trade practice and massive budget deficits.

A PERFECT STORM.

I hate to be the harbinger of doom, and I wish Edgar Allen Poe were here to ghost write this. We are looking at an economic Armageddon, an abyss that will either gobble us up and destroy us, or will occupy the rest of our lives with an experience that will make the Great Depression and Pearl Harbor and September Eleventh all seem like early chapters in "Road Warrior meets the Jihad." If I am right, and I pray I am not,Everybody's worst nightmare is about to begin.It may last for decades.How it turns out is up to us, but it will start with money. Power, wealth and religion have become one.Fanatics with suicide vests bring us our revelations and predict our future.God is not going to end the world,but warped souls want to end it in His name.


But, what the Heck, as the old timers in Texas used to say. "Hi 'Dios!"

 

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Fulbright in 1966-67; Visiting Lecturer in American Literature with Baghdad University/Texas University Exchange Program. Guest Lecturer for the American Authors Lecture Series for the United States Information Service in Iraq. Co-authored with (more...)
 

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My post from yesterday on this site (abbreviated):... by Susan Guest on Sunday, Jan 13, 2008 at 9:41:54 AM
1/16/2008 9:13 AM Thanks for the comment and ... by Jay Farrington on Wednesday, Jan 16, 2008 at 9:28:15 AM