Quote:
Originally Posted by RPKESQ
Every generation sees the sky is falling, "sea changes" are seldom recognizable during the change, only afterwards. Look through history, every culture, every generation, every nation saw the same. Every election has been touted as "the" most important in recent memory. BS. Human nature has not changed in all of recorded history. Cultures change mostly for the good, but the dynamics of politics have not changed.
The only change we need to accept is that the US is not able to stand alone against the rest of the world (we never could). We are no longer the only gorillia in the room. This is the change for the 21st Century. And the POTUS wil need to embrace that change. McCain cannot. Who knows about Obama.
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Writing in the Financial Times, Greenspan called the current crisis -- which started a year ago -- a once or twice in a century event and said insolvency would only end once U.S. house prices stabilized, underpinning mortgage-backed securities.
The Great Depression was the last such sea change.