I am concerned that Obama and his staff are not aware enough of the danger and that his planned policies do not go far enough.
Reading up on America's depression era New Deal of the 1930's and the times leading up to it are remarkably like the times we are going though, except no one bailed out the fat cats then (as you know). en.wikipedia.org/wiki/New_Deal
Agreed bailing out the rich will help prevent some suicides like Adolf Merckle, the German billionaire who slipped from #44 most wealthy person on the planet to number #77 or Thierry Magon de La Villehuchet, a fund manager who invested with Bernie Madoff and apparently committed suicide at his office - to me these people's death are no laughing matter - not any different than those overleveraged investors who committed suicide on Black Thursday in 1929 or thereabouts by jumping from the buildings they were in. And what is it that Merckle could see that was so scary?
Some people actually laughed in 1929 to see or hear of the suicides, as if those folks deserved it or were somehow different than they were - a few months later, out of a job -- they stopped laughing.
My feeling is that we may be lucky by the end of Obama's first term in office to see any real strides. The only capital that he can really bank on is who he IS, and that the govt at least is out of the hands of incompetents (from our standpoint) and warmongering profiteers. Ugh! the sick thing is industrial war complex oldsters really don't get that the world has changed - we ARE in this together just as HH the Dalai Lamas and HH the Popes have long preached. We communicate on an entirely different level, more frequently and around the world. Arguably there is universal responsibility and we are just getting a clue.
"The Google" Bush said! Hissss! Boo! speaking of getting a clue.
For just one example every night that I post a new image on Flickr - I know, no, no, I expect people from around the world will comment on it by the next morning - in one day - all around the world. And the comments in foreign languages I will translate to read and my reply I will translate and respond with - nearly instantly in their language. Even my requests are posted by Flickr in the native language of the person I am requesting their photo from - all with a drop down menu - no effort on my part.
Another example is that of the late Oscar Grant, an unarmed African-American man shot in the back and killed in Oakland by the police (by accident or purposely) is instantly seen over the Web from every recording cell phone present - police authorities - placed in their roles to "serve and protect" absolutely can not hide any more behind some story when everyone anywhere can see what occured. Happy, satisfied people don't protest.
Franklin Roosevelt tried a lot of things to stabilize the economy. The stuff he did that was dismantled appears to be the root cause of the suffering in the country now, as the rich continue to amass profits while the lower classes lose a place to live. Political leaders, can't hide any more either and the results of their efforts for good or bad will be known sooner and in more detail than ever before.
There is also an issue more complex than it first appears, of the average age of baby boomers, as they retire and there are not enough educated people coming into the working social system who can earn enough because education was gutted --- either to make sure that there was no opposition to the will of the wealthy greedy or because self-serving politicos were also too short sighted to see what the results of not funding education would be.
Not everyone is like us, not everyone takes joy in educating themselves, and some education, like primary research is beyond the costs of a single individual to bear, or one person to complete.
Poorer middle-classed housing such as San Francisco's Daly City has inexplicably one of the highest forced foreclosure rates in the country. Economists are researching why but *hey* that is way, way past a dollar short and a day late.
When I asked a religious leader about the causes of being out of work he said "stabilize your mind" and I think that to a large extent - that is the basic root cause of the US current troubles. The fears we have are based on tainted emotions. "The only fear we have is fear itself" another realization by US President Franklin D. Roosevelt that sounds like a call to arms once again with deeper meaning.
We really have to get rid of tainted emotions such as greed and the desire by even those with education and money to willingly inflict pain and suffering on others - such as by torture or slavery - where we can not root it out of ourselves we need to legislate it and make it clear that it is a common goal, a community of the world standard to commit to rid ourselves of afflictive emotions; we need to root out fear itself, greed, and ignorance.
We can’t stand aside and look any more; stabilizing our own minds, taking universal individual responsibility - that is where the future is really at; only then we will have something we can rely on, ourselves as well as each other.
"We'll forward in this generation
Emancipate yourself from mental slavery
None but ourselves can free our minds"