Sorry, folks, I know it’s been a few days since I posted anything. Which is kind of surprising, I suppose, when you consider everything that’s happening on the political scene at the moment. There’s certainly no shortage of material.
For the past week, I’ve been mostly painting and sketching. After too many years of trying to relegate my creative side to the back burner, everything has been boiling over, and I’ve had several nights where I sat down to start sketching some idea I’ve had, and the next thing I know it’s starting to get light outside again. I’m in total zombie mode as I type this, in fact, as last night was another all-nighter. So if there are a bunch of typos or if there seem to be words missing, that’s probably why.
When I’ve surfaced for air, though, I’ve been watching the simultaneous implosions of the economy and the McCain campaign.
The former, of course, is rather horrifying. So many people stand to lose everything they’ve worked their whole lives for, all because some I-bankers got greedy and some politicians (cough*Republicans*cough) bought into the whole “deregulation of the markets is a good thing” argument and then sold it to a large chunk of the American public.
My parents are retired, and are dependent upon their investments for their financial support, so when the market is careening around like a yo-yo on a string, they get a bit jittery. The rest of the family is in better shape, I guess. My brother’s income is steady, and that looks likely to continue that way in the coming months (knock on wood), and he and his wife are super-responsible financially, so their mortgage is not of the sub-prime variety. Their credit score is probably off the scale. Their investments may suffer, but they have plenty of time before their kids go off to college or they consider retirement, so they are troubled but not completely freaking out about the recent market moodiness.
And then there’s yours truly. Let’s just say my brother got all the fiscal responsibility genes in the family and leave it at that. As I’ve mentioned before, I’ve been taking a leave of absence from school and my assistantship this semester as I try to figure out what direction I should be moving in. Thus, I have no money coming in. I’m living off rapidly dwindling savings (and living under my brother’s roof) at the moment. I don’t have much in the way of investments. Most of the money I’d saved up during my lawyer years has been eaten up while I’ve been living la vida grad school, leaving me with just my rapidly-dwindling IRA rolled over from a couple of 401(k)’s.
It’s very tempting to take all that money out and resign myself to the tax hit so I can put it someplace safer. Like my mattress. But while that might be better for me personally, it would be bad for the country, because what if everybody did that? So I am leaving my money where it is for the moment, and hoping that others do the same and that I won’t come to regret that decision.
What is it that the great philosopher Janis Joplin said? “Freedom’s just another word for nothing left to lose”? Well, I may be finding out real soon what that kind of freedom feels like, I guess.
But I digress…
In contrast to the economy, watching the McCain campaign implode has been rather entertaining in a very schadenfreude kind of way. At least,
it was, until McCain’s campaign posturing suddenly messed up some
bipartisan congressional efforts to stabilize the
It’s got to be tough to be campaigning with a record of loudly and proudly favoring market deregulation – hell, deregulation was a cornerstone of his platform just a few days ago – only to have the entire country’s economy suddenly and rather spectacularly in peril because of, oh yeah, inadequate regulation and oversight.
And to have as high-ranking members of your campaign staff, lobbyists who represented some of the major players in the ongoing economic catastrofuck?
Well, that’s got to make it really hard to look like you are the candidate who is going to clean up Washington, DC, and save us all from the greedy bastards who brought us to this precarious point.
And yet, somehow, McCain is trying to sell that image to the American public. Go figure.
But, hey! Apparently the debate is going to happen this evening, in spite of McCain’s attempt to postpone it. It should be interesting. I plan to pop a big bowl of popcorn, put on one of my snarky political t-shirts, and enjoy the show. Popcorn is the debate-watching food of choice because it won’t damage the television if I find myself forced to throw something at the screen in response to something McCain says.
Presidential debate during a major economic meltdown. What could possibly be more exciting for a Friday night?