Tuesday, September 16, 2008

Running mates and constitutional Voids? It’s the Economy, stupid!

Lehman Bros has filed for bankruptcy protection and Merrill Lynch had hastily agreed to sell itself to Bank of America Corp. AIG is on the verge of a meltdown. It’s not been long since Bear Sterns collapsed. Fannie and Freddie, dubbed too big to collapse were bailed out a few days ago. Oil, in spite of dropping over 50 percent from the record high July prices, is still hovering around $100.

I have often heard that Americans don’t think of what’s going on in the outside world because their country is simply too large. America is a world in itself. So is Maldives. The entire country is embroiled in debating on things like running mates, PhDs, human rights and constitutional voids! Our politicians and media seem to be blithely ignorant of the biggest events that shape our lives. It’s the economy, stupid!