tag:blogger.com,1999:blog-7400390336523591685.post4714871644800845126..comments2023-08-24T08:56:06.522-05:00Comments on Rhymes With Clown: No New Year's Resolution for the TARPJeremy R. Shownhttp://www.blogger.com/profile/11303377672028774152noreply@blogger.comBlogger1125tag:blogger.com,1999:blog-7400390336523591685.post-80990906858684901742009-01-20T16:37:00.000-06:002009-01-20T16:37:00.000-06:00On this Inaugaration Day the world awaits a new di...On this Inaugaration Day the world awaits a new direction, not only financially, but ethically (per the financial scandals we have been subjected to in the last six months). Will the change occur, or will we be disappointed and idealistically disillusioned? By "direction" we envision large, world-altering changes in which we feel confidence in our institutions and leaders. We cannot help but hope we are on the right track. Things are probably going to get worse before they get better, if they get better; but we have to hope. The trouble is the economy seems to have a life of its own and we have to adapt to it, not it adapt to us. If this means large philosophical changes in our government, then it will just have to be; if it does not mean any changes, then it will be. Congress is no better or worse than the nation (except they are lawyers and not the "representative man" our founders had in mind. If our Constitution is out-dated (as I suspect it is)then it must be changed. What this change will involve will be difficult, arduous, and, historically, involve a revolution of some sort. Whether we can endure revolution without dragging in the name of religion is to be hoped for, but may be impossible. We can't go back to the old ways of Wall Steet tycoons,<BR/>and hedge-fund hocus-pocus. The institutions will require transparancy and and regulation, not Ronald Reagan idealism which began this whole bubble that has collapsed of its own inadequacy.Anonymousnoreply@blogger.com