One of my statements of life is: "I only have what I remember". Another, more important, is "I want to make a memory". I find most Americans, more than any culture I have visited, to be closed minded to "new ideas", yet our country was led by new ideas. I spend much of my adult life listening to Americans talking about "liberal" vs. "conservative" ideals, with no real understanding of the difference. Most of the people I speak with are simply ill informed about real facts economically, or have a clear understanding of what our situation is. This is yet another reason "we are fucked".
Most of us expect things to go back to what they were, and they could. But, if they do, the economy is messed for a longer period of time, and the crisis enlargens.
When we are told "too big too fail" the statement is actually correct. Our global economies are now so intercorrelated that G-20 must begin to formalize, and Obama is right to request other nations to NOT stop the stimulus now.
"Too big to fail" does not mean we will be able to pay off our debt, or for that fact, that any nation will. It was necessary, Floyd believes, to stimulate the economy. What "too big to fail means" is classic Floydian thinking:
1. Our versions of money (Euro, USD) are not real, but priced by supply and demand, with false information provided to us.
2. Our concern about high unemployment shows our lack of understanding of the severity of the situation, as high unemployment will now inverse with increasing profits at existing companies. We had simply grown too fat (in all ways) and even our employers are cutting.
3. 42% of Americans believe Congressmen chosen at random from the phone book would do a better job.
4. 1 in 33 women have "sexual conversatoins, liasons, advances, from their Christian clergy.
5. The world hated us, deserved in our arrogance, and only now is opening up to our spirit of bi partisanship and trying to bridge gaps.
6. For years we actually listened to people like Cheney, some still do, and Sarah Palin actually has a chance at becoming President. These, to me, are very alarming facts....we continue to allow ourselves be influenced by FEAR.
7. A Missouri high school bans marching band T shirt for promoting Evolution.
I kid you not. This is what we are up against.
