John and Vivianne
Bill wrote: "....and there was a confidence our government was making wise decision"
The public perception and reality often travel different routes.
There was a greater confidence when folks were spending like crazy people. By the way, the correction we are experiencing today was not result of WISDOM FROM OUR LEADERS but from natural, although brutal, market correction. The wisdom of our leaders allowed Bank of America to corrupt Moody's. And very little has changed since.
As we all know, the public is swayed easily through fear and doom & gloom messages. There seems to be an insatiable appetite for such toxic consumption. However, each and every one of us can choose to be servants of such sources or decide to invest the time, energy and intellectual resources to give the rest of the story. Not propagate the story but give the report on what is happening where you are located.
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