Only in America is it possible to compare each new instance to events that far surpass it in scale or grandeur. The current method is to compare our economy, which is in some level of disarray and or tatters, to the Great Depression. Only in a country where no one understands history is it possible to put an event in scope beyond its true nature and attempt to place it some higher historical context (which it doesn't actually analogize to). To be sure there are occasions where I have seen something which actually impressed upon me as a great(er) event equal to its predecessor, but calling our current economy on a precipice to the Great Depression I have not seen. That's a totally different ballgame..one which we are indeed attempting to enter into (by doing these silly bailout schemes), but one which is going to have to require some serious and deliberate attempts in order to recreate anything like it.
Attempts to call this are basically like those which make Bush's presidency out to be the worst in history. It's bad, but there's a difference between sort of fucked and totally fucked. I guess it's just hard for some people to tell the difference while its going on right in front of them. It's even harder when the media's efforts to cover things are basically to describe the rape rather than to ask questions which might interpose the people in a cause of right action to intervene.
25 September 2008
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