Thursday, January 29, 2009

Talking in a line to pay bills

Standing in line to pay a bill, I started talking with the grey haired guy behind me.  His take on the current "depression" as he called it, compared to the 1930's was.  Last time the big guys got hurt first  and worst.  They were the ones jumping out of windows.  His father had told him all about it.  This time, he said it is the little guy hurt more than the big guy.  I am not sure if satistics support this view.  From what I have read, the little guy got hurt worse than the "big guys" last time. We did both agreed the work Obama was doing was the best hope we had.  But if thinkgs get worse, his view that it is us against "them, the big guys" who have casued the probelm and somhow are not paying for their mistakes, may grow.  If that happens our political system will be susceptible to demagogy.  A desparate, resentful, angry population can be turned to extremist views.  We saw this in the 30's.  I beleive on the evidance and the faith I have in our president that he will lead us out of this.  It won't be quick, easy, efficient, or mistake free. Criticism of the current 850 billion bailout which focuses on elements amounting to less than one half of one percent are illogical and foolish.  Shoot the dog because it had a flea.  Come on! Sure lets try to do this perfectly.  But lets not destroy out chance for recovery because we found a flea on the dog.  His failure could very well be catastrophic for our nation.  

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