Posts Tagged ‘depression’

News Blues

June 6, 2011

A fellow worker once told me how he solved his depression problem. He said he had been a country music fan, but he finally realized that the sad stories told in country music were causing his depression. He said he stopped listening and stopped being depressed.  Well, just think about the stories being fed to us constantly by news media.   They give us a constant stream of all of the horrible and unjust things going on in the world, about man’s inhumanity to man, his proclivity to stay at war, his greed,  the wrath of nature with its more powerful tornadoes,  hurricanes,  forest fires, melting ice caps, rising oceans, plagues and famines.  Maybe they will throw in a warm and fuzzy tale at the end of a newscast to try to keep people from feeling either depressingly sad or mad after watching the news,  and that may work some, but it’s overpowered by the rest of the newscast.

 I can’t give it up altogether, but I can cut back and that’s what I have done. Admittedly, I opt for escapism.  I watch American Idol, America’s Got Talent, Dancing with the Stars, and So You Think You Can Dance, and I can understand why so many millions of others do, also.

I read more novels that I did in the past – though I also throw in some history books because I am a history buff – and I watch movies, and still go to movie theaters, and I watch the Braves occasionally (though, that can be depressing, too) and I go to music concerts, and plays, and am now more inclined to watch comedies. Life is tough enough without my spending time on made up tragedies.

Earning my living by reporting the news on television and radio, it’s hard for me to come to the conclusion that if I want to be less depressed I should stop watching, listening and reading the news. But, to be honest I have come to that conclusion. 

I can’t give it up altogether, though. One does need to know what’s happening because it can have a direct effect. Take the sad story – well, sad for me and everyone else but the 8-figure oil company executives and people who own tons of oil stocks – of the price of gasoline.  I can’t ignore that because I must have gasoline. Still, there is a sense of helplessness about it, because the only thing I can do about it is drive less. If enough of us would do that, and stop buying gas guzzler SUVs and monster pickup trucks that are rarely used as trucks, and slow down, we could perhaps affect the price of gasoline some, but basically that’s not happening.

Bottom line: no, I can’t give up keeping up.  That’s really not a smart thing to do. But, I don’t have to spend all day wallowing in the horrors of the world, and I’m not going to. 

Advertisements

The Fruits of Ignoring the Economic Lessons of the Past

September 18, 2008

    Now we are staring the big green monster in the eye and seeing what Mr. Greed can do to us…again. Mr. Greed has been very successful in transferring billions of our tax dollars into his coffers, and he continues to get away with it.

  He took big lending risks in order to rake in big profits, and he did. Now his risky practices have come a cropper and he is being bailed out with our tax dollars. Some of his mammoth financial institutions are now nationalized, but what does he care? He’s already transferred the billions he has made, including golden parachute millions, into Swiss bank accounts.

  How did this happen? Simple. Deregulation. He was able to change the government’s rules in order to take big chances with other people’s money.

  Yes, history does repeat itself, mainly because some do not take heed of what happened in the past. What happened in 1929 is happening right now. Easy credit and risky loans encouraged consumers to go deeply into debt.  When consumers stopped buying in order to make payments on their loans, demand plumeted, businesses failed, out of work consumers defaulted on debts and financial  institutions went under.

  This Great Depression caused a rebirth of government regulations to prevent this disaster from happening again. But, the deregulators took  power again, and here we go again.

  I said the rebirth of regulations because they really started in earnest in 1906 when Republican President Teddy Roosevelt decided to take on big business, breaking up a lot of monopolies. The pro-monoply crowd regained power and we’ve had a lot of mergers in the last few decades. So, in that area, here we go again, also.

  The powers that  be are now trying to prevent another depression by having the  government step in and bail out the banks and those who insure loans. Let’s hope it works. This didn’t have to happen, though. Poper regulation could have prevented it.

  Santayana and Anonymous got it right when they said:

  “Those who cannot learn from history are doomed to repeat it.”
George Santayana 
 

  “History repeats itself  because no one was listening the first time.”
Anonymous