Monday, December 8, 2008
Things are Going to Get Worse
Obama, sound more presidential than our president, said in his weekly address to the nation that things are going to get worse before they get better. I got that. I don't like the news but I am glad we are not being lied too. I was getting really tired of that, "the underpinnings of our economy are strong" shit. I'm not economist and I knew GW was wrong more than a year ago.
He is against the auto bailout. I am frankly against all the bailouts starting with Lehman's and moving on to AIG and then to Citibank. But I own a GM car and I would like to be able to get parts for it. But bailout or no most economists believe none of the big three auto makers will be around in 5 years. Wouldn't it be wonderful if we could say that about the tobacco manufacturers? Or the porno industry? Notice how they have not asked for a bailout. Nor has Jack Daniels.
But as I was digesting all this news and commenting on a friend's blog it suddenly occurred to me that one of the reasons 9/11 targeted the World Trade Center buildings is that Bin Laden wanted to bring the United States to financial ruin. He could have kept his terrorists home. GW Bush has done it for him. That, as they say, is the bad news.
The good news is as goes the US so goes the World so probably nobody can afford to invade us and take over our country - like who would want it now?
But what really worries me is the vast amount of time till Obama really is president. It is over a month! And we do not seem to have anyone reliable at the helm of the sinking ship of state. How much harm can Paulson and Cheney and Bush do in 42 days?
A program I was watching on the Internet about stress reduction during these trying economic times says don't think about it. Obviously that is what the current White House is doing!
What does sit take to swear in Obama and his team tomorow!