What Were They Thinking?
Wednesday, October 1st, 2008It’s awkward to write a lightweight newsletter on Italy while we’re all staring into an economic black hole. As an American who has lived her life abroad, the sense of impending doom has been in the air for quite some time. Now I sit at my computer, reading the articles as they come in over the internet and watch how the television anchormen and women spin this crisis (at least someone is smiling). It feels like a financial 9/11, but with a weird time warp that stretches the disaster out day after day.
I suppose it’s useless to look back on the behaviour of this Administration; how they expected us to not question their ideologies and had the gall to say that those who did were un-American; how they jammed a senseless war down our throats (not to speak of the Iraqis’) and then binged, rampaged, and slurped their way through the world financial markets. At the end, after they dropped the last wrapper into the gutter, they looked around –and threw another tantrum until they got more. And to think that my parents instilled in their children the idea that was once called the American ethic: that of an honest day’s work. Now, my friends, we will have to live with the reputation for being a nation of shysters out to make a fast buck.
The thought of having awarded the Paulsons and the Bernankes and the Gramms and the Wall St. vampires 700 billion dollars is nauseating. So as I watch my country come tumbling down like a Mother Goose rhyme, what can we do?
I would certainly like to see these gentlemen behind bars for a long enough time so that they can’t get their grimey hands on a penny of the bailout package. Unfortunately it seems we can never underestimate their capacity for greed, or their cynicism about our guliblity. I think that until we get these culprits out of the equation, it will be hard to see a return of confidence.
There is so much at stake in these elections. As the financial infection spreads, my thoughts drift to Don Quixote and his battle to right the unrightable wrong. I have registered to vote and sent in my ballot and hope that Barack Obama wins by a landslide. Even though I doubt whether he or anyone else will be able to fix this mess any time soon, at least we’ll go down fighting the good fight. Some consolation, huh?
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