My thoughts on the financial meltdown
September 23, 2008
I need to speak my piece about the financial crisis facing America. This will be free form but take from it what you will.
Real people
Many families are in a situation where the only real safety net is that of other family members who are relatively well off. To be clear, we are not talking about McCain rich; rather I am defining well off by having good credit and being able to give “loans” to the family that rarely get paid back. These family anchors (including some in my own family) are being wiped out with this economic crisis. And I am tired of real people being categorized as “Main Street” and banks being characterized as “Wall Street.” This level of distance from real people in our media leaves everyone and no one responsible for our current crisis. In the end, the real victims are faceless and nameless. Read more
