16 September 2008

Fire!

I don't know about you, but honestly I'm a little tired of this constant bombardment with panicked and negative news commentaries on how each day sees our economy more quickly circling the drain.  Of course it's important to understand what is happening in the wider world, but every new article I see on the subject sets off a cacophony of bells and sirens in my mind, shutting out any meaningful message that the author might be trying to get across.  

It seems to me that all the national figures are spectators, standing and pointing, shouting "Fire," rather than grabbing a bucket to help douse the flames.  And of all the noise being made on the subject of banks filing bankruptcies and securities becoming vulnerable, the most useless speculation is on where to lay the blame.   

Publications worldwide, like Politico, give us their opinions based on their bias, and the Dems blame the GOP and the GOP faults the Dems and all the other parties... might as well not exist, as far as the media is concerned.  

To be fair, this article offer criticism of both parties, and it seems to understand that Americans might not see the Wall Street nightmare as a single-party cock-up.  It details several different blunders from both sides of the aisle, and it even has a liberal on record saying that the Dems made a mistake--albeit the mistake of not distancing themselves enough from the Republicans.

The article reaches the conclusion that the Dems need to clarify their answers on why the Republicans have caused such a mess.  I imagine that this will be the strategy for Obama in the upcoming days on the campaign trail.  Actually, I'd like to hear that one--a full scale explanation of why this is not the Dems fault, complete with facts, voting records and written documents showing how they did everything in their power to stop the snowballing of the economy.  We'll see how long it takes to get a reply to that inquiry.  

So read the article, if you can stand the noise.  But keep in mind that each camp has written one just like it, with themselves in the protagonist role.  Now, if you'll excuse me, I've got to go call my broker...

No comments: