On Tue, 15 Jul 2008 08:40:58 -0700, "John R. Carroll"
wrote:
snip
it will take more that George W Bush at a press
conference to reclaim the public trust this administration has wantonly
destroyed.
snip
==========
If it were only this easy.

The "turkey buzzards" now circling and preparing to come home to
crash land [and poop] have been growing in size and quantity for
a number of years, although it can be argued that the current
administration did provide unusually large amounts of carrion and
offal to help them mature more rapidly than they would have
otherwise done. However in toto this was genuine bipartisan
effort.

"W" will be gone in a few months, his appointees will be replaced
and many of his policies will be reversed.

We will then discover that just as chopping the head off the
rooster does not prevent the sun from coming up, the economic
contraction and de leveraging, with all that this implies, will
continue.

The United States appears to have reached a "tipping point" in
several critical economic, social and economic areas. It should
be noted that many of these changes appear to have high
hysteresis in that once these "tip" or "snap over" into a
different state or value, it required considerable money,
extended time and intensive effort to change them back.

Of very considerable concern is the foundational role that cheap
energy, particularly for goods transportation has assumed
worldwide. This is the foundation for very large parts of not
only international but national (even regional) trade. Indeed,
suburban communities dependent on it's commuter residents may be
in particular trouble, as are the automobile companies. Offices
and factories in the larger urban areas may be unable to obtain
adequate staffing if neither suitable local housing nor
economical public mass transit is available for their required
workforce.


Unka' George [George McDuffee]
-------------------------------------------
He that will not apply new remedies,
must expect new evils:
for Time is the greatest innovator: and
if Time, of course, alter things to the worse,
and wisdom and counsel shall not alter them to the better,
what shall be the end?

Francis Bacon (1561-1626), English philosopher, essayist, statesman.
Essays, "Of Innovations" (1597-1625).