InSpiritry

Cash for trash!

Paul Krugman discussing the financial bailout, New York Times, Sept. 22.

Ahh, memories of 2008…

First came the slump in the housing market and growing mortgage defaults, then we found out about those infamous credit default swaps which were followed by the collapse of financial institutions and insurance companies (and the stock market along with them), then the call for a bailout of auto manufacturers and later other smaller companies and most recently the Bernie Madoff investment debacle. The economic house of cards that American finance built over the past two decades is in a heap on the floor, and we, Americans, are asking ourselves disturbing questions: (more…)

What is Christmas? It is tenderness for the past, courage for the present, hope for the future…a fervent wish…that every path may lead to peace.”      ~ Agnes M. Pahro

With each day’s dose of dismal economic realities, allegations of corruption and the usual policial controversies, America is having a hard and harder time feeling the Christmas spirit. Even with Barak Obama’s promise of Hope, the American mood seems to be more like Hopelessness. It is not just a national sensibility; we are seeing it at a personal level:

Someone on our Christmas card list has lost their job.

Someone in our neighborhood is about to lose their home or already has.

Someone in line with us at the drug store has lost their retirement savings.

Or maybe all this is happening to us!  (more…)

Let today embrace the past with remembrance

and the future with longings.

Kahlil Gibran 

As the west wind of our first real cold front swept the last bits of summer aside yesterday (and I changed from shorts-and-Tshirt to blue jeans-and-a sweater!), I was reminded of the blessing of the seasons. Each one is a new beginning, and not just for Nature. As the trees throw off their stiffened leaves and settle in for some well-deserved rest, we too can begin a new season. Fall, especially, offers a time of reconsideration–a chance to leave behind old sadnesses, errors, grudges and regrets. We can rethink our priorities and recommit to our best selves. We can rediscover gratitude and optimism. We can change! (more…)

Politicians and Financial Leaders Bicker over Wall Street Bailout

Presidential Candidate Suspends Campaign

Congressional Talks on Credit Crisis Breakdown

As recent headlines suggest– this fall, what was to be our rapt attention to America’s quadrennial electoral season has been totally derailed. The usual political banter in urban coffee shops and small town restaurants has almost completely shifted away from evaluation of the candidates (except regarding their media-hyped personalities) and discussions of the party platforms (most people don’t even know what these documents contain). Instead, wealthy investors as well as those living paycheck-to-paycheck are transfixed by the hour-to-hour coverage of our national financial crisis. Money and the curse of its power have consumed us. With unpredictable posturing, media-generated suspense and continuing financial bad news, the whole country has become obsessed with the Reality TV programming of Washington and New York as they reconsider their mortgages and their 401(k) allocation.

Hellooo, America! In just five weeks, as part of the most successful democracy in the world, we will be asked to select the party and individuals to lead our country for the next four years! (more…)

 Gold!   Silver!  Bronze! 

Weren’t the Olympics in China amazing? Can we ever forget watching Michael Phelps finish race after race, breaking records and winning gold? And what about the amazing performances of American and international athletes in women’s gymnastics, track and field and the many team sports? In front of our televisions and in Bejing, we rooted for predestined heroes and little known underdogs. Across the country and around the world, for two weeks, young and old, rich and poor, Western and Eastern, women and men and children gathered to share in the triumphs and tragedies of sports at the highest level. (more…)