Halloween
Wednesday, October 31st, 2007I’m trying to write this, make dinner, and hand out candy, all in the next 30 minutes, so forgive me for making this rather abbreviated and short.
Today, as many people know, is Halloween, the day in which children (and some who aren’t children) dress up as something with the intent to either frighten others, or get candy. (I’ve never really celebrated Halloween as most of you know it, so my interpretation may be a bit off.)
Now, in between supporting the dentist industry and checking for the spaghetti water to boil, I have a couple of seconds here and there to point out what is really frightening in this world: the simple fact that Noah Webster and Samuel Johnson are under the thumb of the GOP. I am, of course, referring to the makers of the first dictionaries, and the monopoly that President Bush and his cronies have on the English language. The control of the language began, of all places, in Hollywood, known for their dramatic special effects, from the mind of Ronald Reagan. While most Americans were drawn in by the rhetoric to fight the Soviet Union and “win one for the Gipper,” a subtle change was occuring: the word “public” became related with communism, and “private” was suddenly the popular word around the Beltway. Now we’ve got privatized Social Security (as if that isn’t a contradiction in terms), private military contractors, and on and on. Next I imagine we’re going to privatize sidewalks.
Since I’ve already written on Blackwater, I’ll go after the future of Social Security here. It’s certainly possible that I’ve missed something major, but from what I understand of the president’s plan, all of “Social” Security in the future will be handling by investing in Wall Street. Now, it may just be the spaghetti, but something there just doesn’t sit well with me. In terms of economics, we’ve got a real problem on our plate at this very moment. The housing market has reached a new low, a credit crunch is here now, and the Fed’s plan to ease us out of it is to inject $17 billion into the economy, which only causes inflation. Economists left and right are anticpating a major recession to come, and to come soon, resulting in billions of dollars lost by businesses. And, billions of dollars lost by businesses means that shareholders aren’t going to get their dividends (don’t forget we’ve got this little problem of the national debt, too). So, go ahead and invest your retirement savings, but if what the experts think will happen actually happens, then you’d better work to pay off your retirement debts. Personally, I’d rather pay into Social Security now and get guaranteed returns, than pay into Wall Street now and get possible returns. Here’s what is really scary about this year’s Halloween: the potential for millions of retirees to suddenly be without money if the market collapses (and it will- but that’s a different story to come). As a side note, President Bush is taking money out of Social Security to fund the occupation of Iraq, then returning to DC and complaining about how Social Security is broke. Well, I wonder why!
And, for those of you who are interested in knowing, I am wearing a Cubs shirt for Halloween. My dad doesn’t mind having a Democrat for a son, he minds having a Cub fan for a son. Luckily for him it’s only for a day, but when he’s old enough to get Social Security, he’d better hope that the coming recession is old history by then.
From the mind of Eamon Driscoll.