RSS


FC Member Blog

The Current Situation

BY Mel BlitzerTue Sep 23, 2008 at 11:32 AM
This blog is written by a member of our blogging community and expresses that member's views alone.

The current situation and reaction of the conservative administration
convinces me that the conservative mind set, beliefs, philosophy and
consequent action (it is a belief like any other religious doctrine) is
irreconcilable with the growth and sustainability of a healthy
civilization. This belief is becoming a moral question as much as
political one, mainly because conservative thought and action impacts
peoples lives, not only in the US but around the world, in very
negative ways. Hey folks , people are getting hurt out there!

McCain has some cheek, he has been at the core of the conservative
drive for less government and leaving the running of the country and
its economy to the capriciousness of the "free market" for over 30
years. Now in typical conservative fashion, he invokes fear in hopes of
being elected to a position where he can impose more of the same
philosophy that is a direct cause of the current pain.

The current bail-out, which is aimed at buying bad assets to save
the perpetrators of the crime as well as a power grab by the Secretary
of the Treasury, is another fraud which the current administration
hopes to pass quickly in the current panic. This is indeed the fox
asking to manage the hen house.

Finally we have to ask, what percentage of the world,or US
population owns stock in corporations or in funds managed by the
vaunted financial institutions of Wall Street? How did this flock of
birds get so much leverage over the economy, the politics and the
policies which impacts so many lives? A mind game no doubt where paper
and the mornings headlines, focused on a very small portion of economic
activity, dominate people's thinking and the way they act as economic
players- consumers and corporations alike. Capitalism is a great
generator of economy no doubt but without the appropriate and artful
regulation, it is an engine on wheels gone amok.

--
Mel Blitzer

Topics:

Leadership, Management, Ethonomics, wall street, capitalism, mccain, Conservativism, United States, John McCain, Mel Blitzer, Wall Street, Business


Sign in or register to comment.
or