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October 13, 2008

Bailout schmailout

2698573338_e0604dd1e9_m I understand that the economy is not going to save itself if we just sit back and see what happens. But bailing out irresponsible financial institutions essentially gives them permission to keep up their antics and restores the status quo. The additional 150 billion dollars of pork adds insult to injury and reveals the greed and self interest behind those running this country. It could not be clearer that the people in government do not represent me, my family, my neighbors, or anyone else I know. The country has been on its way to imploding for the past eight years under the Bush administration. Isn't it time for the revolution? If not now, then when?

There's a protest on Wall Street scheduled for Thursday, October 16th that I won't be going to; it doesn't fit into my schedule, as much as I hate to admit it. What is hard to believe is that if every American boycotted everything for one day, just refused to shop for 24 hours, we could send a powerful message (and could possibly destroy the economy on our own). But consumers and bling will not soon be parted.

On a personal level, I am embarrassed by what this country represents and how it sustains itself. Perhaps the best reason to vote for Barack Obama is to become a little less embarrassed by what this country says and does, as a nation. 

I have two 403(b) accounts and they're both losing money right now but I have another 30 years for those funds to recover. My husband and I tend to have jobs when we need them, I say vainly, although they're not exactly our dream jobs. At this point, I mostly I feel shame that this country does not prioritize what I believe it should. My relatives in Argentina can't believe what is happening in the U.S. and they're right to be shocked: this economic crisis rivals theirs.

Originally posted on NYC moms blog. You can read additional posts by Cynthia at her personal blog: Cynthia 718


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