These are challenging times and we find our lives, even the world in a state of flux rarely seen. We have little confidence that rationality will rule as America rides the rough economy out. We hope that our leadership will continue to be just and respected by free thinkers throughout the world. Billions have been lost by investors as former University professors with no particular interest in finance are at the helm of our futures. Dare I say, in this world of political correctness, that liberals, proud in their tradition of compassion have shown themselves to be like the emperor with no clothes as they delve into the rational world of finance. Were this a screenplay, I'd insert a reference that some feathers would have been ruffled, "Ah, he's one of those," would smirk a scholarly type, deferential that those he considers his equals would surely be in agreement that the "less informed" live in the world of commerce. All the arrogance and posturing are now merely window dressing to ACT II. There is a real need to resolve issues that have real consequences. No one welcomes such a challenge, but victory will be sweet. I fear mere debate of Collegiate U.N. politics that resembles Chicago politics is functioning in our great nation as our president drops back to punt. Will President Obama adapt to changing circumstances? Will the fears of left wing pundits be realized that he has no intention of saving the financial world from ruin?
Unfortunately, this is not a Saturday morning TV show on SciFi. This is your life! Even under a severe conservative belt tightening measured recovery, we're looking at 5-7 years before we reaccess. Certainly a healthy financial world exists in a delicate balance as we saw whan the house of cards fell. We will probably make lifestyle choices that will affect our outlooks well into the future abandoning our consumptive habits. We must recognize indications of rapid recovery as bubbles, always under construction to serve a few. We are still lucky to have the best conditions known to man under which to weather the storm. We will see if President Obama does truly want a healthy future for his daughters rather than the effects of a grand experiment that history has shown to be a waste, potentially bringing suffering to the spirit of a free world. Does the emperor have clothes?