goodbye politics hello economics

National pasttimes are not supposed to be swapped overnight. It's taken what? 50 years for football to blitz baseball into irrelevance. But wow, nothing like a global meltdown to erase the unrealistic exuberance of the Obama victory. From now on all we are going to hear about is how bad the economy is, and whether we should jump or paddle. Misery loves company, and bear that in mind - because traditional media is in its own death throws making it impossible to trust anything you read by anyone ever. Disaster sells. If all sources of information are suspect, and the rest are utterly unqualified (is that me?) then what we become are a few hundred million chickens running around without heads, or at best empty heads. Here is the danger that has come and gone and come and gone as civilized societies suffer from collective panic. We really can't be trusted to think rationally or to the benefit of the whole when the fire alarms are going off. People will be trampled in the crush out the door. When FDR mentioned fear, this is the phenomena he was pointing out.