
An out-of-work money manager in California loses a fortune and wipes out his family in a murder-suicide. A 90-year-old Ohio widow shoots herself in the chest as authorities arrive to evict her from the modest house she called home for 38 years.
In Massachusetts, a housewife who had hidden her family's mounting financial crisis from her husband sends a note to the mortgage company warning: "By the time you foreclose on my house, I'll be dead."
Then Carlene Balderrama shot herself to death, leaving an insurance policy and a suicide note on a table.
Across the country, authorities are becoming concerned that the nation's financial woes could turn increasingly violent, and they are urging people to get help.
I thought it was just me. I've noticed a decidedly anti-American attitude and loss of confidence by Americans in my small town.
Congressional approval ratings at an all time low. A lame-duck president presiding over an unpopular war, with low approval ratings. And a general attitude of grumpiness seems to have permeated our people.
The stories of how people are reacting to hard times reminds me of the stories my dad told me about the Great Depression. Suicides, homelessness, despair everywhere. Genuine hard times and no good way to get out of them, no way to escape.
But I'm here to tell you, it's not that bad people.
Even though there are some cut-backs by some companies, we are no where near the levels of unemployment during the Great Depression. I can't get on the bandwagon of calling this a depression the likes of the one in the 1930s. I know in the first few years after Black Thursday, things weren't that bad. But they got worse. I'm not going to tell you things can't or wont' get worse. I AM going to tell you they don't have to get worse. And I am going to tell you, even if they do, you can make it.
Check this out from "A Case of Unemployment"Many people date the beginning of the Depression at October 24, 1929, Black Thursday, the day the stock market crashed. This was indeed a traumatic day for those who owned stock as sales volume broke all records. But the decline in overall stock prices was only about 2.5%, from 261.97 to 255.39 as measured by the New York Times index of 50 stocks. Most of the decline still laid in the future; the market hit bottom on July 7 of 1932 when the Times index was only 33.98, a decline of over 89% from its high of 311.90 of September 19, 1929.From the FDR Library at Marist.At the height of the Depression in 1933, 24.9% of the total work force or 11,385,000 people, were unemployed. Although farmers themselves technically were not unemployed, drastic drops in farm commodity prices resulted in farmers losing their lands and homes to foreclosure.
So folks, it's not that bad out there. Yeah you may have to add a couple more years of work before retiring due to the me first attitude of Congress and their lack of governance over the banks and markets, but you haven't lost everything.
If you are loosing your house that sucks, but perhaps you shouldn't have bought it in the first place. Just because a bank says you can afford something doesn't mean you can. Use some good old fashioned common sense.
It surprises me that many Americans have become more like children in the last few generations. They expect mommy and daddy to help them out, in these times mommy and daddy are the federal government. Suck it up Americans. Get tough. Find your guns and your religion and cling to them. They gave you comfort in the good times, now look to them in the bad times.
America is not Congress. America is not the Presidency. America is the great people that make up the populous. We are Americans, we are expected to survive, adapt, and overcome the hardships, like our forefathers did before us.
Have some pride, for God's sake.