Friday, October 10, 2008
Over the past two weeks the world has changed. Like August 1914, September and October 2008 will be remembered as the time that the old order passed away. Before September
assumptions bourne out by 60 years of post-war thought were in place.
America & Europe and the system set up after World War 2 functioned. People who had saved and invested for the past 30 years and are now retired were secure and their were problems but they could be over come.
It appears that that world is gone.
I am 41 and for most of my life I have worked in Business Publishing and events. I look around having survived the .com boom, housing boom and various recessions and I cannot find the intestinal fortitude to know what to do?
My parent's are losing their retirement savings.
My company is constricting.
My neighborhood is full of foreclosed houses.
The fact is that America is in decline and the whole thing appears to be unraveling. Because of greed and financial mismanagement and deregulation the world that was constructed in the West is coming apart. As we look at the new powers in the world, China, India and Brazil we realize that much of the liberal openness of Europe and America is now ignored or distained.
We are in the new world and fear reigns.
I watched a You Tube of a Mc Cain rally where the people beyed at the candidates spewing hatred the way Germans did in the late 1920's . This type of world in the 1930's led Germany to Hitler and America to Franklin Roosevelt. I wonder what choice we will make now? Do we still have a Roosevelt in us?
Posted by Raymond Bianchi at 6:33 AM