Posted on 03/13/2009 1:13:32 PM PDT by Lorianne
It is six months since Lehman fell and the crash (or the great recession, or the collapse—it's time it got its name) began. An aspect of the story given less attention than it is due, perhaps because it doesn't lend itself to statistics, is the psychic woe beneath the economic blow. There are two parts to this. One is that we have arrived at the first fatigue. The heart-pumping drama of last September is gone, replaced by the drip-drip-drip of pink slips, foreclosures and closed stores. We are tired. It doesn't feel like 1929, but 1930. People are in a kind of suspended alarm, waiting for the future to unspool and not expecting it to unspool happily.
Two, the economy isn't the only reason for our unease. There's more to it. People sense something slipping away, a world receding, not only an economic one but a world of old structures, old ways and assumptions. People don't talk about this much because it's too big, but I suspect more than a few see themselves, deep down, as "the designated mourner," from the title of the Wallace Shawn play.
(Excerpt) Read more at online.wsj.com ...
This is obviously Obama’s fault. What is he doing right now to fix this mess that he created?
7 words or less: “Everyone is depressed and anxious.”
“give to me in 7 words or less what she is trying to say? “
People are scared about the future.
“Can someone wade through the airy-fairy prose of Noonan and give to me in 7 words or less what she is trying to say?”
Poor Peggy...she is becoming a moonbat...and really, she needs to stop taking that medication, whatever it is...an Analogous-gesic of some sort...
“There’s No Pill for This Kind of Depression”
From Peggy Noonan, who’d be the first to know!
This is the first column from Noonan in a while that doesn’t stink.
There IS a pill that will cure this, and every, depression.
Take your cyanide pill NOW, comrade.
“I asked a friend, a perceptive writer, if he is seeing what I’m seeing. Yes, he said, there is “a pervasive sense of anxiety, as though everyone feels they’re on thin ice.” He wonders if it’s “maybe a sense that we’ve had it too easy in the years since 9/11 and that the bad guys are about to appear on the horizon.”
Memo to Peggy and the Uber Intelligentsia; the bad guys are on EVERY horizon...
Urbanistas live in cites they didn’t build, eat food they didn’t grow, have things they can not fix, are safe from bad guys they don’t fight and basically make a living by talking to each other.
Yeah. They should be unease. They are amusing, but basically worthless.
The unease people feel about the US economy is real and palpable. Reality is beginning to seep in finally. Will the US declare bankruptcy? It is a distinct possibility and if it does nobody, no country will ever loan us any money again. China already owns us now and they have us by the short hairs. If China calls in the total amount we owe them because their own country is in big financial trouble, it could mean the end for us.
People are sick of Obama's socialist economy.
Ditto what you said.
If only there were a pill to give 0 that would work on him and give him the same malady that Jim Carey had in the movie Liar, Liar—I do think this Recession may be shorter lived.
Very well said.
Thanks...I like your writing better...
The future of everything is uncertain.
I personally am worried about a loss of any trjectory at all. It used to be that life had a basic pattern within the normal ups and downs. Even that basic pattern is gone. Karl Denniger calls it "the Bezzle," but the old George Airforce Base was just taken from Victorville and given to Apple Valley because of corruption. Most of what we are dealing with right now is a result of some form of corruption. Corruption is the new status quo, and how the hell can anyone plan their day much less their lives when all about them are corrupt government officials, bankers, investment houses, Victorville's controller who made a bunch of handshake deals then moved to Colorado Springs? The country is left holding the bag, Victorville is left on the hook for a $200 million dollar power generator that hasn't put out a single watt. I personally live at the bottom of the rabbit hole from Alice in Wonderland, and there isn't even any beautiful soup down here.
That was more than seven words, wasn't it?
Wouldn't it rather mean the end for them? They're the ones who would be left holding worthless paper. Also, if no one will loan the U.S. gov't any money, that would be a good thing; it would compel smaller government.
Disclaimer: Opinions posted on Free Republic are those of the individual posters and do not necessarily represent the opinion of Free Republic or its management. All materials posted herein are protected by copyright law and the exemption for fair use of copyrighted works.