President Obama,
I humbly request that you allow us to suffer. I am a citizen who has not contributed to the current financial crisis: I have not taken out risky loans or made bets on others' risky loans.
Nonetheless I believe that we all share some blame for the current situation. I am to blame for not being more vocal about responsibility. I am to blame for not raising a clarion call to rouse Americans from our current comatose state in which we have mistaken privileges for rights and luxuries for necessities.
I did not approve of these bailout measures when President Bush advocated them for the same reason I do not now: they legislate irresponsibility. The old adage that money does not grow on trees can now be rebutted with a new one, "but we can always print extra."
I know there is a high probability for dire consequences if your policies are not enacted. A depression could be the result. But I say better the loss of homes, valuables and comfort over the loss of our integrity as a nation.
America was meant to be a nation composed of citizens who were not defined by the size of their houses, the price of their cars, or the number of their televisions, but by the content of their character. I believe that in refusing to allow people to suffer the consequences for their actions, we are undermining that very principle that defines us.
Allowing this recession to run its course may hurt many, but as one who stands to take a blow from this recession, I want to go on record and say, "Let it come." I fear the consequences of these attempts to legislate ourselves out of harm's way more than I fear the consequences of the financial harm itself.
Sincerely,
Ford Seeuws
ngram Shenanigans
6 years ago
3 comments:
I am most definitely with Ford on this. Though it may mean a certain amount of personal crisis, I echo the sentiment that it is better for us to suffer some in the short run, than to (by silence on the subject) foster our country going into even greater, irreparable amounts of debt.
Steve Pritchard
A very humbling perspective...and the right one. Thanks, Ford
Hey Ford,
Nicely written. And while I do believe we should suffer the consequences to a degree, something you might want to consider, though, is whether or not we should see ourselves as this centuries world superpower. If we enter another depression by way of letting it take its own course, CNN, among others, has been suggesting that we will most likely have to close so many millitary programs and overseas bases that our world presence will deminish to a level that will not be easily regained. We may just hand over that superpower that we've been caretaker to since WWII to the EU - China - and Russia. We just need to remember that it may not be personal circumstances on a miniscule level, but global. Considering that we pulled so many other countries in this crisis by our lack of responsibility, it also seems apropriate that we work to get them out of it, if not for our own sake.
How are you doing, by the way? I remember having that debate with you eleven years ago - over why you didn't like the Smashing Pumpkins frontman Billy Corgans voice. By the by, I can't stand the winey voice either.
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