Thursday, May 13, 2010

It's All Changing

As time goes on I'm beginning to realize that this economic downturn is going to change things all over. And I don't mean just for me, being 'between assignments.' Things are changing on a fundamental level, especially with regards to finance, which should always be a means to an end - a way to enable a real economy based on goods and services - and not the money-making end in itself. The 'bon temps' that used to 'roulez' for banks, brokerage houses, insurance companies, mortgage lenders and the like are soon to be 'fin,' even if the institutions themselves don't know it yet. Or the government for that matter. There's an ill wind a-blowin'.
   The crazy-ass Teaparty kooks are definitely the lunatic fringe, but that fringe just tends to be more radical and vocal about things that bother society as a whole. Rampant fiscal and fiduciary irresponsibility is going to lead to a new rise in populism, just like what happened over 100 years ago with political corruption, multiple depressions, robber barons and the like. The result of the business excesses of the 1890s was the election of that trust-busting Bull Moose, Teddy Roosevelt.
   And you thought you didn't have to pay attention in History class, didn't you? Well, you blew it off, and see what's happened? History has repeated itself. Again. Same trip down the same road, only it's 100 years later and we all have cell phones. There were pretty serious changes to business back then because of the idiocy of the corporate giants, and the same thing's bound to happen now. Mark my words.


COMMUTE: there - 47 minutes, I left late      back - 41 minutes
CONTRACT COUNTDOWN: 58 days

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