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I don't know about you, but I have totally stopped worrying about terrorist attacks. Now I'm only afraid of bankers with new ideas. I'm not joking about either point.

Gas is a lot cheaper lately. That doesn't help you much if you're unemployed and can't afford a car, but for the lucky people with jobs, it helps a lot. No one saw that coming a year ago.

America is feeling a lot less arrogant and a lot more humble lately. If you believe the experts, that should go a long way toward helping International relations.

Traffic isn't so bad, bargains abound, and even the lines seem shorter.

For the half of the country who wanted Obama as President, the economic woes sealed his victory. If he's half the savior his supporters believe, something good will happen soon. I just hope it isn't the Rapture.

As painful as this recession is likely to become, everyone agrees that sometimes you have to shake the rug to get all the crap out of it. Economies don't grow in straight lines.

It's expensive to travel anywhere, but on the other hand, the new season of 24 is almost here. I don't need to go to faraway places and meet people when I can sit on my couch and watch Jack Bauer shoot those people.

I remember driving home in 1989 and thinking I had a flat tire because the car went all wobbly. I pulled over and discovered that my tires were fine; the earth was moving. It was the Loma Prieta Earthquake, and I soon discovered my apartment in shambles. But a funny thing happened. All of my neighbors were outside, stunned. We talked. We shared stories. We bonded. It was a strangely good time. And I felt connected to people at a deeper level than ever before. Shared disaster does that.

No one wants the economy to crumble. But having a reason to love your neighbor a litter better doesn't suck. If we can feed everyone - and I think we can - things will be fine. And as I have said here before, some kid in a garage has already figured a way out of this.
 
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Nov 10, 2008
Loving your neighbor, eh? Not a very moist-robot thing to say. You might be more ready for a rapture than you think.
 
 
Nov 10, 2008
I don't think this is going to be your run of the mill "correction"-type recession - I think this is going to be a permanent structural change. I'm not sure what it's going to look like on the other side and I'm not screaming "great depression" (though I'm not ruling it out either) but it seems pretty clear to me that we've reached the limits of how far we can scale unsustainable financial practices (particularly massive defecit spending on the part of individuals as well as govt). things can't go back to how they were because the catalyst, cheap borrowed $ to unqualified borrowers, is gone and I can't see how it could possibly return any time soon. even _IF_ people collectively develop amnesia and forgest the painful lessons we're learning (sadly a safe assumption) there just isn't going to be that kind of free capital to toss around for the forseeable future. the bailout may prevent the gears from siezing up but the NOS tank that's been running them way beyond the redline is empty and the engine is going to need to be overhauled before it can even safely maintain "sane" highway speeds...
 
 
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Nov 10, 2008
Scott, you've captured my thoughts exactly as I considered how to vote last Tuesday while waiting in line. A vote for McCain meant that I supported at least four more years of gridlock and CYA news conferences !$%*!$%* about how the other side is !$%*!$%* things up.

On the other hand, a vote for Obama gave me two outcomes that I liked: 1) he really is the messiah that his supporters believe him to be and he'll fix this crap, or 2) he will really suck bad and with the majority in both houses of congress they will screw things up so bad that we will have no other option but scrap the whole thing and start over. In both outcomes, better things happen - the first soon and the second after a few years.

Lets hope that the past disasters remain controlled and we can actually move forward in this country.
 
 
Nov 10, 2008
Obama always seemed like a tolerable candidate to me. I didn't vote for him, because I think that new (and expensive) social programs seem like a weird goal when the deficit is at preposterous levels and the economy is in a recession. But I don't feel bad about his victory at all. In some ways I'm pretty happy about it.

But I certainly don't feel any safer from terrorist threats. Where do you get that? If anything, I more worried about terrorist attacks from the middle east. It seems pretty obvious that we intend to drastically cut our military, pull out of our current fights, and "restore" our privacies and freedoms, domestically. I may just be guessing, but I don't think the middle east is happier with us today than they were in 2001. I'm guessing that there are a lot of angry arabs itching for vengeance, and we're planning to do everything that we can do to make it easy to strike.
 
 
 
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