Sunday, August 26, 2007

Generally Speaking 8-26-07

The doomsayers are out in greater numbers than ever...and from every area in the news.
The troop surge is working in Iraq BUT the political side is failing so it doesn't matter, they say. They said just the opposite when the military side wasn't doing so well but the political side was running smoothly.
The sky is falling on the stock market they say. The market shot up over a thousand points in what, a little over a month? Has it ever rocketed up and not "corrected" soon afterward in a big way?
The housing market is crashing due to abhorrent misuse of the sub prime mortgage lenders. This one they are correct about except that the boom was created by the same factor.
Have you noticed how all broadcast news love a disaster...be it financial, a hurricane, flooding , fire, murder (big or small) and lately mine cave ins. Did you know if we reported on mine deaths (cave in or accident) in China it would be daily news and in greater numbers than we have seen in the past few years. It is far safer to be a policeman or a stunt man in China than a coal miner. Oh, and our biggest trading partner still uses slave labor in many industries...the government rents them out...just like the Nazis. Of course, with Americas materialism if the Nazis were still around, and had the lowest prices, we'd buy from them. If you doubt any of this wander around just about any store and find something made in the U.S.A. It's getting pretty scary. My political science teacher in high school said we would know when the U.S. was failing if we were importing most of our food. Are we there yet?

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