Wednesday, October 8, 2008

Well, another day, another collapse on the stock market. I don't know about you, but I'm thrilled to be around at a new point in history - the latest Great Depression! How thrilling to say I was around when Wall Street finally swallowed itself whole … again.

Today's immediate drop was attributed to the Federal Reserve cutting interest rates. Fun stuff. Here's how much faith the financial markets have in our federal government: any time they do anything that's supposed to spark the markets (bailouts, rate cuts, whatever), they drop drastically. Millions more Americans lose hard-earned cash because these chuckleheads in the market and in Washington either don't know what they're doing, don't care what they're doing or just care about what they're doing for themselves.

The real scary thing about all of this? The desperation people are feeling. I mean, just look at this. A man who can't get a job kills his wife, mother-in-law, three sons - including one attending UCLA who was a Fulbright scholar and honor student. The economic crisis is beginning to kill people. You have to wonder if news like this reaches the depths of Congress' souls the way it does for us "normal" Americans.

In the light of last night's debate, something really has begun to bother me about watching John McCain in the heat of this situation. As far as the economy goes, John McCain knows how to fix it … he just won't tell us how. And John McCain knows how to catch Osama bin Laden … he just won't tell us what his plan is. Oh, not to mention he knows how to win the war in Iraq … he's just keeping it a secret. With so many people's financial worlds crashing down around them, aren't we owed a bit more explanation than that about the economy? Aren't military families owed a bit more explanation on the last two issues? I mean, Barack isn't exactly perfect (actually, that's a lie) but at least he gives us reasons behind his statements.


My bad, Tom. I'm done.