It has become obvious that the entire world has fallen into a frenzy of fear and panic. This isn’t a consequence of some random threat or misfortune. It is a deliberate fanning of flames by a bunch of pent-up socialists inspired by Al Gore and now led by Barak Obama. See: Dick Morris – It’s Obama Spreading Panic.
We could call this the Great Algorization. The economy is weak, so a recession is talked into a depression. Some scientists worry about the climate, so alarm spreads and becomes panic about “climate change.” Gas prices go up due to fear and speculation, which results in panic about energy supplies, and manias about renewables, energy independence and carbon footprints. The panic inspires “do-something-anything” government, which results in multi-trillion dollar budgets and trillion dollar deficits. So why not throw in health care, education and what next? Oh, yah, social justice. Why not that too?
It all makes me sick of being so negative. But, trillions in damage are being done right before our eyes. So what’s there to be optimistic about?
First, a ray of hope and inspiration: Ford motor company hasn’t taken any government money (yet) and lo and behold has just announced a hybrid vehicle that automotive reviewers hail as “best in the world.” YEH! Ford has announced reopening of an engine manufacturing plant. YEH! American capitalism does work.
Herald National Bank started up in November, raising $62 Million in capital. YEH! Inspirational? YES INDEED.