Posted by Perspective, a resident of the Midtown neighborhood, on Oct 2, 2008 at 9:37 am
What is completely hilarious is that our unemployment and standard of living,even of the poorest, is still much better, by all standards, than any of the European/British countries.
Vindicated? What an idiot. He and all socialists are just dying for the USA to fail, and what the fools don't realize is that the more we sink economically, the more they sink along with us.
I will be fine, my kid will be fine, our standard of living will lower a bit, but will still be far above the standard of living of teh average "middle class" person in Europe and Britain, so I, personally, will simply LMAO when I begin to hear the whining from our left and Europe as they see the results of getting what they want.
Frankly, I amm already laughing, as I speak to family in Europe who hate Bush, and Republicans, and think we are evil, ..and are starting to see the financial effects of THEIR left wing beliefs...Even THEY understand what has happened better than our own MSM, BO and McCain, and know it comes back to the root cause of OVER regulation, regulation which basically forced lending to unqualified people.
For a great article, read Daniel Henninger's column today, WSJ, about the cause of the latest financial crisis.
Posted by tj, a resident of the Old Palo Alto neighborhood, on Oct 2, 2008 at 11:50 am
The key organizing principle in the globalized world will be culture; once co-extensive with ethnicity but now a distinguishable in itself.
Because modern nations have been around for so many lives of men, it’s easy to forget that they once didn’t exist.
Nations were built: by history, leadership and cultural influences. The United States of America, for example, did not strictly speaking, exist before 1776.
Now I would argue that if adaptability and the capacity to self-reinvention is the key to surviving in the globalized world, the USA more than any other major culture has a fair claim to advantage.
However, that ability to adapt is critically dependent on a shared set of values.
These values are the organizing principle which allow the emergence of unity in apparent diversity.
‘Multiculturalism’ is the most destructive ideology in possible in a globalized world because it implicitly assumes the existence of nations to lend it stability; it postulates a dominant culture to lend the framework keep the multi-culti from collapsing on itself. Multiculturalism without a dominant culture would lead to chaos.
In a world of nation-states, multiculturalism would just be supportable; even entertaining.
In a globalized world it is a fast track to disaster.
In context of this post any ‘nation’ or cultural entity which wishes to survive must experience a new birth of freedom.
Ridding ourselves of the ideology of the left — by debate, discussion and persuasion — is the key to staying alive.