Thursday, November 02, 2006

Do you remember Paul Volcker? He was on Charlie Rose last week and spoke of the very concerns plaguing many of us. To start, there was Cheney’s cryptic advice as we learned that our country had just invaded Iraq. “Go shopping,” he said. Go shopping? Our country had just invaded a sovereign country, preemptively for the first time in recorded history, and we were being told to go shopping? Volcker then spoke of the unprecedented trade deficit this country is amassing. The whole Washington scene concerns him. He hasn’t seen so much bad policy in his lifetime. Volcker is pessimistic about either political party having the determination to stop the hemorrhage. He spoke as a concerned citizen, making the interview all the more compelling. Lastly, Volcker asked, where are we going? This interview can be purchased from PBS for those who share his concerns