Pre-Thanksgiving Brief

It is impossible for me to belive it has been over two years since writing in this blog - yet I muse through the words written so long ago it is almost as if someone else wrote them. The thought of this subtle irony makes me smile. The things that were important to me then have faded into distant memory. Perhaps the events of today will similarly fade. Let us hope so.

A new presidental election has occurred, and Barak Obama has made history by being the first black president. The nation has taken a definite turn to the left. The "mainstream media" has become cheerleaders for the Democrat party. George Bush and the Republicans wee adrift over these past two years - giving no thought to the future after Bush.

The fall of 2008, the stock market has crashed like never before. Oil prices are now half of what they were in July. We await the results of the crash in the new year.

Freely admitting to being no economist, it seems to me that this event is largely overblown and psychological. I believe it to be the result of the Democrats "talking down the economy" in order to get elected. The American news media is in the tank for the Dems so they spread the word gleefully throughout the world to scare poeple to get their man elected. The problem is everyone started to believe them.

There is a housing crisis, but it is difficult for me to believe that it alone caused this. I cant help but believe that most of this is purely psychological. The Dow is whipsawing 500 point swings daily, commodity prices fluctuating madly base on thin evidence of events that could be months out. People have lost half of their wealth on paper and are very afraid.

Isnt it at least possible that "talking down the economy" for the "out" party's political expediency is just wrong? Isn't it proof that lack of objectivity in the media is at least partially responsible for this fiasco? Unfortunately, I only point out the problem....with no proposed solution. A free press is essential to a free society. I just wish for more objectivity.