Bring It On!

Tough Times

October 10th, 2008 | by Dr. Forbush |

When times get tough, the tough get going.

This truism might be just be right, or it might be another piece of dogma used to summon the unity of the people to work together. Either way, it would be nice to have one of leaders step up and tell us that we need to work together to solve this mess.

In reality I don’t worry about the value that I lost in the stocks I own or the house that I own. The value was based on arbitrary amounts of money that people were willing to spend to buy similar items. Actually the value was based on the arbitrary amount of money that banks were willing to lend to people who were willing to invest that money in bad mortgages that were used to fuel the economy on all of that borrowed money. People took this artificial value out of their houses to pay for vacations and home entertainment centers. The money fueled manufactures of automobiles and other big ticket items that people buy on credit. But in this world of buying everything on credit we still have the last shoe to fall — the easy credit line of credit cards. As our credit markets get tighter the crisis won’t be over until we stop getting those damn credit card offers in the mail.

The value of the stocks of all of the companies on Earth have been based on the future earning of these companies. These companies could have huge future projections when all of those earnings were based on people running up their credit card debt into the thousands of dollars. Reality won’t strike home until banks begin to put realistic limits on the credit that they extend.

In tough times people behave in erratic ways. That might be part of what we see in John McCain’s erratic behavior as of late. But, just because some people behave in erratic ways it doesn’t mean that we want our leaders to behave that way. In fact the test of our great leaders is based on what they do in tough times, not what they do when times are easy. In tough times people act erratic and we need our leader to calm their nerves and get them to behave like civilized people. That is the difference between civilized behavior and stoking the flames of rebellion and revolution that leads us to the destruction of our civilization. When John McCain stokes the flames of his frustrated supporters at his rallies he is reacting to them and not being the leader that we need.

In tough times we need a calm and cool leader who is willing to look the problem over, consult with the experts and make the wise decisions. And, as far as I can tell that leader is Barack Obama.

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Don’t forget what Stephen Colbert said, “Reality has a well-known liberal bias.”

Cross Posted @ Bring It On, tblog, Blogger and BlogSpirit

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  1. One Response to “Tough Times”

  2. By rube cretin on Oct 10, 2008 | Reply

    Dr.
    i read your article and several responses came to mind. Most of which would get me banned from this site. Bt since you are a Dr. and i enjoy playing here i will just say that i believe you direct hope in something that will not bring about needed change. How about watching the following link. Think about what leadership needs to do and what is the only real hing that will make meaningful change possible. This is a test. http://www.pbs.org/moyers/journal/09262008/watch.html

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