Just the Facts, Ma'am: A Compendium of Liberal Fiction Message Board

STOCKTALK

We've detected that you're using an ad content blocking browser plug-in or feature. Ads provide a critical source of revenue to the continued operation of Silicon Investor. We ask that you disable ad blocking while on Silicon Investor in the best interests of our community. If you are not using an ad blocker but are still receiving this message, make sure your browser's tracking protection is set to the 'standard' level.

Politics : Just the Facts, Ma'am: A Compendium of Liberal Fiction

Public Reply Prvt Reply Mark as Last Read File

Previous 10 Next 10 Previous Next

From: TimF	5/3/2008 8:10:36 PM
	Read Replies (1) of 90947

Have We Forgotten Our History? Thursday , April 24, 2008 By Neil Cavuto Well, here's one thing I do fear: our memory or lack of it. I fear a country that has forgotten history. Its own history. I fear a nation that bemoans 6 percent mortgages and doesn't recall when they were 18 percent. I fear folks who got used to home prices going up double digits each year and forgetting the historical norm of my parents' time, when 2 or 3 percent was just fine. I fear people who cite a 5 percent unemployment rate and call it a depression, forgetting the time it was 25 percent and it really was a depression. I fear that without perspective, we panic. I'm not saying times aren't tough. I am saying they have been tougher, much tougher. Yet we have a whole generation bemoaning 2 or 3 percentage point swings in the Dow, failing to recall that single day in 1987 we lost nearly 23 percent in the Dow. I don't mean to sound old and I don't mean to lecture. But we have a great history, this country. I just wish more took the time to read it in this country. hummersandcigarettes.blogspot.com

Report TOU Violation

Share This Post

Public Reply Prvt Reply Mark as Last Read File

Previous 10 Next 10 Previous Next