The recent bailout of Wall Street is quite a wonderful thing and I think it’s just the tip of the iceberg for a culture that really drinks fear on a regular basis like it’s a specialty coffee from Starbucks or a 44 oz. soft drink from 7-Eleven. If anything gets people going, it’s the idea that they have to DO SOMETHING.
Everybody’s talking about doing something. Rarely do people consider what that something is. Rarely do people consider who is telling them something needs to be done.
Grandmas, grandpas, fathers, sons, mothers, and daughters alike would all tell you economists were saying we had to bailout Wall Street or else. The historians who cut their teeth studying the Great Depression were most likely pulled from the woodwork and told to get their asses on all the news stations and make comparisons for Americans.
Grandmas, grandpas, fathers, sons, mothers, and daughters also were talking to their stockbrokers and bankers and other financial instruments agencies to find out if this bailout bill was a good idea. That’s a bit like asking ExxonMobil, “Do you think the price of gasoline should be going up?”
But, Americans consumed by news on the bailout were running off of pure emotion and emotion led them to believe that what Washington and Wall Street and the media said about credit and small businesses (and anything else they mentioned to get Main Street to buy into the “cash for trash” bailout) were correct.
So, what were Americans systematically brainwashed to believe? That pre-emption was necessary. That the fox needed to be given everything he was asking for so that he could guard the henhouse.
Don’t ask why the fox gets to defend the henhouse. Just accept the fact that the fox knows something has to be done. He told Chris Dodd what was up, Chris Dodd almost sh*t his pants, and how could you not do something after Chris Dodd’s bowels spiraled out of control. We wouldn’t suggest he take a pill to control it next time or ask if he was medically capable of handling the economy we are in. We just would want Chris to not have to be in that situation ever again.
74% said that the economy would get worse if nothing was done. Don’t ask that 74% what would happen. They don’t know.