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Spirits plunge amid onslaught of grim news
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It's actually getting to where it ought to be. The dollar has been over-valued for years and American families have been led along to think this was OK.
The playing field oughta level out a bit now.
Trouble is that it won't because politics favours the well connected and the wealthy.
There are still opportunities arising, carbon trading and alternative energy sources for two.
Today's entrepreneurs will have to bite the bullet in face of grim times, but will still get good returns if they play to people's fears and bridge the gaps the big players leave.
I'm into it - aren't you - or is this really the end of the world? Have I come on the scene too late? Will there be no buying and selling in the Millenium? Still quite a while to go before that day comes, and then there's a thousand years of consumers living longer, no wars, epidemics or natural catastrophe's. Then the end will come.
Don't give up yet, Gus.
After we agreed on fuel and food problems, she told me how to do the math of food bargains and stocking up. She suggested a number of rules for keeping the gas bills down. She concluded "ebry ting gon be all right" (Bob Marley) if we use our heads. She carefully climbed back up the ladder to continue stocking the upper shelves
This college professor had been informed on dealing with what I thought were a series of universal personal consumer crises. Wait until the students hear some of this in the Fall.
Leaving the store to go to the supermarket, the Baltimore summer seemed bright and sunny rather than hot and humid. The grocery shopping would be a game to win. I noticed that some pedestrians and produce buyers were smiling back at me.
Life happens. Face it with a sense of humor and willingness to roll with the punches and take responsibility for coming out on top. Enjoy!
However, I think that it is going to continue to get worse before it gets better, because the Americans (nor the rest of the world) in general don't have the resiliance to face reality and recognize things that matter most.
We will continue to erode as a society, because we aren't going to change!
The AP makes it money shoveling bad news (during a republican administration, don'ja know...) then produces a poll that says people are despondent. Don't worry, there's a bright happy savior just around the next election...
As far as alternative energy. First we have to finally bite the bullet to buy the time to truly develop it. And second and most importantly, we have got to get the oil companies and government out of the way. My widowed mother invested in "alternative energies" in the 80's only to be hit with a HUGE tax bill in the 90's. Why? Some stupid congressional representatives decided they wanted oil company contributions rather than using new resources. Not all were Republicans either.
So as along as our politicians, on both sides, keep talking out of both sides of their mouths and promoting the fallacy of "carbon credits" things will maintain the status quo. Alternative engeries will be dreamed about, pined for, and never really developed beyond token projects and lining the pocket of people like Al Gore.
We pump millions of pounds of pollution into the air, ground and water, Bush pulls out of the Kyoto Accords (we will pollute as much as we want) and we wonder why our planet is out of balance.
We preemptively invade Iraq that was no threat to us, sending obscene amounts of money out of our economy, hiring mercenaries from abroad (Blackwater), destabilizing the region that controls the world oil markets and we wonder why our economy suffers and oil prices spiral out of control. We should have gone after those who attacked us on 9/11.
We take out home loans we cannot afford, for luxuries we do not need, flip houses like playing cards to make money that we did not earn and we wonder why there is a housing crisis.
Perhaps we need to realign our priorities. Work for what we get, quit trying to control everyone else on the planet, be responsible stewards of our environment and see if conditions improve.
We are on the wrong path, let's not stay the course.