Timothy Egan: Crash

Once again Egan delivers via the NY Times in his remarks on the bailout plan.

His reference to the remarks of a Montana Senator who described himself as a "dirt farmer" left me with two thoughts. First, I am reminded of the teachings of Stephen Covey. Covey reminds us of the lessons of farming. If we do not plant well in the spring and nurture in the summer then we will not harvest well in the fall. The seasons will not accellerate their process at out whim. Yet we have too many people trying to beat the game today by thinking they can ignore the reality of the seasons. So it is we have the circumstances we have today. If we want to get back on track, then we need to return to the fundamentals of financial farming and quit trying to game the system.

Second, this crisis indicates once again the failure of our own system to work as intended by the founders. We still have two men in charge of our government who 70% of the American public does not trust. Had the Congress been able to overcome partisanship to do what was necessary to at least bring these men under control, if not outright replace them, then circumstances might be far different today. A proposal like this bailout, bitter though it might be, could perhaps be more acceptable and under less suspicion if offered as a last resort by someone the public found trustworthy.

Here is a link to the article.

http://egan.blogs.nytimes.com/2008/09/24/crash/?th&emc=th

 

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