From Jim: This is a non-horse related blog. Our current failed economy was premised on rampant consumption of planned obsolescent items purchased with credit. The consumer economy model is a guaranteed disaster. We are deeply in debt, as individuals, as a nation, and as a global economy. Much of our nation's wealth is in the landfills or shipped off-shore. We have destroyed our housing industry with financial manipulations which created almost unimaginable debt. The fact that we're not even half way through the toxic mortgages ought to be a sobering thought. Our middle class is an endangered species. The lifetime work of building equity in their homes wiped out. The "too big to fail" financial speculators were bailed out by the very people they destroyed and are continuing to destroy. We have been on the wrong road for a long time and are scrambling to get back to it as a "path to recovery". Our poor capitalistic system has become corporate socialism of the worst sort. This has impacted our political system terribly and endangered the entire republic. When I hear that the retailers are hoping for an even bigger spending binge, I just shake my head. Pogo said long ago, "We have met the enemy and he is us"! I don't have a few "talking point" simple answers and neither does anyone else. The mess we're in will takes years to correct and demands a change in our national behaviors. If we continue to be driven by greed, acquisition, and self gratification, without any sense of a common purpose and real values, we're pretty much done-and ought to be. I hope the holidays will re inspire us to reflect on what really counts in life. Stuff ain't it!
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