Zeev's Turnips - No Politics Message Board

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Strategies & Market Trends : Zeev's Turnips - No Politics

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To: ChrisJP who wrote (79587)	6/16/2002 2:50:31 PM
From: DebtBomb	Read Replies (2) of 99280

PAST PROBLEMS OVERCOME The United States has gone through such periods of doubt before, notably during the Vietnam War and again in the late 1970s when a recession and energy crisis prompted then President Jimmy Carter to deliver what became known as his "malaise" speech, declaring that the country was facing a deep crisis of confidence. Two years later, President Ronald Reagan took office, the economy bounced back and the crisis was overcome. But there are two key differences between that period and the current loss of nerve. Thirty years ago, there was no sense of impending physical threat underlying that crisis, the way there is now. And that crisis did not include so many important non-governmental bodies. "The institutions that keep us up and humming, or at least keep us mutually invested in and respectful of one another and our way of life, continue to wobble and groan from their weight of their misconduct," wrote Peggy Noonan, a speechwriter for former President Ronald Reagan, in a recent opinion piece. webcenter.newssearch.netscape.com

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