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letter to Prof. Urry, Yale University :: Revival of the Great Depression ::


Revival of the Great Depression
Austin I. Weber
June 21, 2007

Oh what a tangled web we weave
when first we practice to deceive.
--William Congreve

I have been a Roosevelt Democrat and a liberal since 1932, and have supported their causes financially and physically to the best of my ability.  It is very sad to say that I and many millions like me find it difficult to now see any great difference between the Democrats and the Republicans.

None of the candidates are concerned with the people who elect them.  Their political game is to get elected and re-elected.  This takes a lot of money these days, so you can be sure that the big donors “call the shots.”

The United States is no longer the world leader except in its lack of imagination, inventiveness, foresight, diplomacy, intelligence and industry.  Now our motivating concern is Greed – nothing else matters.

For many years now our government has been (and definitely should have been) fully aware that fossil fuels are a finite resource.  Furthermore, scientists are very serious in warning us that burning these fuels puts carbon dioxide into our atmosphere which contributes greatly to global warming.  A government, whose function is to protect its people, should intelligently determine that a non-polluting energy source would have to be developed – and quickly.  Cost could not be a factor and it would have to be a government-sponsored project because of its importance and size.

The intelligent and knowledgeable world scientists are in 100% agreement that chances of preventing total global destruction grow slimmer every day.  The ”Bush Society” scientists want another study.

Where “Global Roasting” could be years away, the Super Great Depression has already started.  Here are some of the obvious indicators:

  1. Foreclosures;
  2. Homes are being devalued;
  3. The future status of the poor, the working class and the middle class is very worrisome;
  4. By expanding, through Globalization and outsourcing our industry, technology and jobs we have little chance of recovery;
  5. Towns and cities have gone bankrupt and many will continue the trend;
  6. Schools across the country have eliminated many departments such as music, art, gym and sports;
  7. Newspapers are fighting hard to survive;
  8. Our trade deficit and national debt are out of control; and
  9. State lotteries are having trouble selling their tickets.

The “Great Bush Society” will be in trouble along with the rest of the world.  Where were the Democrats, Republicans, and economists when all this was happening?  Well, everyone knows now—they were happily giving tax cuts and promoting Globalization and Outsourcing.