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The Recession

Where to begin, all I can really say is that the current economic storm is what people have wanted. it's easy to blame corprate greed for the mess, but the annoucement that a bailout for the auto industry went down because the UAW refused to give up any of it's bonuses and benifits shows the side of the meltdown no one wants to look at, worker and consumer greed.

we live in a world where who ever tells the saddest story is the one who gets off the hook, with out a second guess. People have failed to realise that they are allowing history to repeat itself, the mentality of "don't bailout wall street or the buisness out, teach them a lesson by letting them go under." is the exact same mentality that caused the Great Depression. In 1929 the government did exactally what the people wanted, and one year later those who cheered as wall street fell apart were themselves on the street, and the tone changed from "no bailout" to "why didn't you bail them out?"

Today people advocate isolationism as the solution to the mess, but it's not, in fact it will only make things worse. The world is too integrated for any nation to cut itself off from the rest world, because what happens to one will affect us all eventually.

It's easy to say "It's all Bush's Fault or it's all Big Buisness's fault." But what about homeowners who took out loans they knew they couldn't pay back and bought houses, cars, and boats they couldn't afford and never changed their ways? What about the people who ran up their credit cards to the point where they couldn't pay them off, buying stuff they knew they couldn't afford and didn't need? what about Unions who demanded too much from their companies, knowing they would one day run that company into the ground? Why is it they seem to get off scott free?

The point of this is simply that it's not Bush's fault, the Republicans fault, or even greedy CEOs and Workers. The true blame for this current mess lies with all of us, from the wealthiest to the poorest for being too blind to see it. Instead of swollowing their pride and making concessions that would have helped solve the problem, all we're doing is pointing fingers and shifting blame while the problem continues to get worse.

The future is not set in stone, and the world will recover from this recession like it has from all the others. Yet it will only happen if people stop blaming everyone but themselves for the mess and start doing stuff to help solve it.