More proof that it’s hopeless

I wasn’t really worried about the financial meltdown until the people on NPR said we shouldn’t worry. Then I began to wonder what happens when my local grocer or gas station owner can’t get a shipment on credit.

So we went to Sam’s last night and stocked up on about a month’s worth of food, which in addition to a quarter cow in the freezer, some fishing poles, twenty acres of wood for the fireplace, and a couple hundred rounds of ammo, leaves us well set in the event civilization takes a header for the remainder of the year.

By the time I was trucking all those cans down to the utility room I was feeling pretty silly. They don’t have bank runs any more, I thought. People are sensible enough to not freak out if the supply chains get kinked for a few days. I can trust the common sense of my fellow man, I reasoned.

This morning I made omelets. On the package of my Hormel crumbled bacon is the following message:


God help us.


  1. CK Lunchbox

    I wasn’t worried when my (former Green Beret) father informed me he was dusting off his old Y2K sustainment pallet, nor did I react when he suggested we move in with him to be safe in case it all goes south, but when he called to say somebody needs to make a statement I reminded him the government taps phones to protect us.

    When my family is forced to eat the MRE’s I have stashed away, then I’ll worry. When we run out, them maybe I’ll hear my dad out on making that statement.

  2. The Third Policeman

    Yeah, Y2K, that turned out to be the collapse of civilization . . .

    . . . one of the unfortunate things for the country about McCain running for President is that his erratic, quasi-panicky nature informs approximately 40% of the population, who, also following after Bush on the morning of 9/11, seem to think the patriotic response to crises is to be fearful and panic. We could sure use some calm, clear-thinking. Laconic used to be an archetypal American quality, now hysteria is promoted . . .

  3. Tony

    I wouldn’t blame McCain or Bush; I was this irrationally pessimistic as a child as well. Can we blame my mother?

  4. Marena

    Third Policeman, I’m with you.

    I couldn’t help but contrast Bush’s Bailout address of “The sky is falling, we are doomed”, to FDR’s “All we need to fear is fear itself”.

    Anyone competent in leadership knows that no matter how freaked out you are, you don’t do something akin to yelling fire in a crowded theater.

    We were in the first quarter of a downturn before Bush spoke. Within 2 weeks we progressed to the 3rd quarter. He helped create a self-fulfilling prophecy with his announcement to the world that if the bailout didn’t pass we were doomed.

    Luckily, most Americans don’t trust him or the US Press anymore, so we avoided a full scale run on the banks. But he spooked the markets here & overseas.

    Listening to Paul Volcker (prior Federal Reserve Chairman) on Charlie Rose last night was an example of who should have addressed the nation. In 20 minutes, he explained how we got here, what is needed now, and what steps the future requires…and calmly. It felt like a grown up had finally arrived.

    For the first time in weeks I felt better. Especially because he’s been talking to Obama.

    Rose & Volcker talked about the real crisis being a lack of trust and leadership. The overseas press mentions occasionly that Paulson is really in charge…not Bush or Congress. Which is all true.

    I know both an 89 yo woman and man. They remember the depression. They are both sharp as whips. The man said that Bush is worse than Hoover and Nixon combined. I can’t repeat what the woman said.

    They are a good example of how to behave though…not to panic, not to overreact…not to create the very thing you are afraid of happening. Wise people.

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