abetterplace

Nothing About This Economy Is Surprising

Einstein was indeed a genius, but not in all things. Knowing that I am about as dumb as dirt, I do not subscribe to his quote other than in very broad terms. One really cannot do the exact same thing over again. There is one element that will certainly not allow this and that being time. Under a controlled. scientific environment, time would probably make no difference, but in the real world many times it would. Whether it is spending a dollar in 1900 vs 2000, or an ounce of gold, there would be a difference in the results.
Much shorter time frames would also allow a different result.

That being said, I feel that the current economic situation is not to be blamed to any one entity. Yes, much more to some than others, but there is plenty of guilt to go around.
We as American citizens share in this. We have lived the good life and do not want that changed. We have become too liberal. Many want a Utopia. Everyone with a new house and car, a 30 hour work week or none at all.

Well, it ain't gonna happen. No matter what the banks and politicians do, this country is not going to recover without
some deep soul searching by everyone. We all cannot have what Joe has.Not unless we are willing to sacrifice and do what is necessary to obtain it through hard work and diligence. So please, quit blaming our lot on the banks and politicians. Take a good look in the mirror first.