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Do You Think That The US Has Peaked As A "Super-Power?"
September 18, 2008
3:15 pm
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truthBtold
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September 27, 2010
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This thread is kind of an off-shoot to another thread I posted here recently.

My question is this: Do you think that the US has reached it's peak insomuch as being the #1 "Super-Power" of the world?

(Geesh - sure do wish NOW that I payed more attention in History class in order to see similarities from the past and apply it to today!)

With everything going on here recetnly with respect to Behr Sterns, Fannie Ma, Freddie Mac, Merill Lynch (spellings?) and most recently, AIG (by the way - if you want to get the "real scoop" on AIG, I suggest that you look at the PBS - Charlie Rose show which aired recently in the interview with Hank Greenberg - Founder and past CEO/Chairman of AIG for 40 years.

Basically, what he was saying is that there are SUPPOSED to be Risk Managment Depts in place to recognize possible "red flags" way ahead of time so that what had recently went down should have never happened in the first place.

I guess, another comment that I would like to make is the news coverage of these events.

Basically, what the news media repeatedly shows in talking about this whole mess is just a picture of the actual buildings.

No mention is given or explored into more detail such as to the names of the CEO's in charge and whether or not they should go to jail.

The media just seems to want to leave it as: Big ole, bad building! - you know?

Why do you suppose that is?

I find little snippits here and there which actually name names as to the CEO's - and wonder why the mass media does not seem to "go there?"

Does anyone else wonder why the media cuts short this COMPLETE coverage of a story?

(Maybe this is something for Michael Moore to explore in another film.)

Anyways - another point that I would like to make concerns maybe a 'secret' opinion some of us might think about/compare - but never admit to out loud - to state it outright - (might be considered 'politically incorrect') and that is - that - let's face it - during these really hard times some of us (myself included) feel so frustrated - but on some level - knowing and thinking about other folks who have it worse - we can make ourselves feeel better by maybe saying to ourselves - well, at least I don't have it as bad as that other bastard!

There. I've said it.

I think of this sometimes to make myself feel better when I feel kind of "bad" about my 14 year old car as compared to others on the road with newer vehicles - but when I see folks waiting at the bus stop - say - well, at least I am not like "them."

NOT EXACTLY gratitude - I would think.

Or is it?

To come face to face with class distinctions.

Anyways, I think that I may have strayed off the subject a bit.......

I welcome any comments and sure am glad (grateful) that I have a place to come to run this stuff by some pretty intelligent folks - for free!

tBt

September 23, 2008
4:01 pm
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_anonymous
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September 30, 2010
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Truth- I lived in Japan for a while and saw a different side of life with a different economy. This was like 15 years ago. Gas was like $4.00 a gallon, a small watermelon was $10.00. Rent on a tiny one room place was $700/ mos. Electricity sky high. Everyone was working 10 hours a day 6 days a week just to put a roof over their head and food in their mouths. The average commute to a job was by a packed train for over an hour. A hamburger at McDonalds was eight bucks. So I dont think the US has seen nothing yet.

What happened was people have been going out and buying things they dont have the money for. Then the next thing you know everything they brought in was going out for bills. Living pay check to pay check. By choice.

Why in the heck does someone need a huge home, brand new furniture, new car when a smaller older home and a used car would do?

What the banks arent taking back the hurricanes, and tornadoes have.

What we have to learn to do is live within our means and like what you said be thankful for what we do have and not be angry for what we dont have.

I am down sizing. If I cant pay for it with cash then I will do with out. Thrift stores, old homes, and cars are eco- friendly. Walking and riding bikes will add years onto our lives.

The expensive food will hopefully cut down on our over eatting and maybe we wont be able to afford to gain so much wait.

I think that all of this was a long time coming and the US will just go back to the drawing board and restructure things.

I think we are a great country with loads of resources.

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