Friday, August 19, 2011

"Abandon Ship!"

Remember the "Unsinkable Titanic"; when it was built, the designer bragged loudly that no power on earth could send her to the bottom. Well, we all know how that turned out! On the Titanic's maiden voyage, she struck an iceberg and sank like a rock, killing a multitude of passengers in the icy waters of the North Atlantic. There have been several movies and documentaries about the ill-fated ship. The most famous film starred Leonardo Di Caprio, and it was the first film to break the "Billion Dollar Mark". All of the movie treatments showed different dramatic stories of romance and courage, and they were very entertaining. I'm sure the actual event was not nearly as romantic as any of the movies. I'll bet that when that ship struck that iceberg, there was a sudden boost in prayers on God's hot-line. This huge edifice was ill-equipped for this emergency; it even had a shortage of life boats; as the builder believed it could not sink. Arrogance and stupidity caused those innocent deaths. The Captain did go down with his ship; not that it made a difference to those drowning around him.

Is America on the same voyage as the Titanic? We have been sailing on this ship for 2 1/2 years; the "Captain" has assured us we are on the proper course, yet the fog has gotten deeper and thicker, and none of the corrections that have been made have given us any more light. Over a week ago, this "great ship" hit an economic iceberg that has shaken our economic stability to the point of submersion, and the Captain has described it as "bad luck". Oddly, it seems the "Captain" is the one who sailed directly into this "iceberg" with a failed economic theory of massive government spending and added gigantic entitlements. Unlike the Captain of the Titanic, our "Captain" has "gone fishin" while this deluge is sweeping through the American economy.

When S&P warned us about this "economic iceberg" well over a year ago, our "Captain" and his crew chose to ignore them. Now that we are "taking water", our Justice Department wants to investigate S&P! Is this the Obama blame game again? Why wasn't there an investigation a year ago, when S&P was warning the administration of the coming threat? Only now that Barack Obama is "neck deep", is the government interested in persecuting; oops, prosecuting S&P! Sorry America, the "Captain" isn't going down with our ship; he's watching it sink from Martha's Vineyard!

( A note to my friend Bernie: Did you peek into my brain today?)

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