Neil Barofsky Special Inspector General of TARP states in an AP story picked up by The American Press that “The problems that led to the last crisis have not yet been addressed and in some cases have grown worse.”
Barofsky continues, ”Even if TARP saved our financial system from driving off a cliff back in 2008, absent meaningful reform, we are still driving on the same winding mountain road, but this time in a faster car.”
Why can’t we stop this plunge toward economic disaster? If the economy collapses we are all in trouble. There will be no safe zones for any of us. I’m afraid the economic crisis of 2008 was the tip of the iceberg and we have a short amount of time to try to save ourselves. I can’t understand why our political leaders are unwilling to initiate effective reform. The financial institutions are not going to stop on their own and we may not have enough money to bail them out again.
Our political system is gridlocked. It reminds me of the years leading up to this nation’s Civil War. There is no one leader in the country that we can trust, and yet trust is the foundation of a nation. Without trust it is every man for himself. Our nation is infected with a toxic cocktail of arrogance, greed and selfishness that has brought our economy to the brink of disaster. We have destroyed our public education and piled up a mountain of debt that will bring our nation to a halt. No one wants to give an inch–from the school board to the White House. It is a my way or the highway attitude. I had hoped that the American Public could shame our leaders into doing what is right about Health Care Reform but our calls, the town hall meetings and emails will not stop them. It takes our vote. Our vote is the only thing they will listen to.
Our nation is capable of great good as evidenced by our help to the Haitians, yet we throw common sense out the window when it comes to solving our own problems. We need to pray to GOD for guidance and that He gives us leaders who are willing to do what is right.
“Where there is no vision, the people perish: but he that keepeth the law, happy is he.” Proverbs 29:14 (KJV)
We can only be happy by keeping GOD’s law.
