Wednesday, October 1, 2008

Save the "Boat" before it sink

I read this article from New York Times,its title is “Rescue the Rescue” and it’s posted by Thomas L.Friedman. He is an American journalist, columnists, and author. He is an OP-ed contributor to the NYT, whose column appears twice weekly and mainly addresses topics on foreign affairs. In this journal, he actually addressed it to wide society or community especially for those who live in the United States. He concerned more to people who disagree with the plan, people who think that the plan is not going to work out well. Some skeptics are calling Henry Paulson’s $700 billion rescue plan for the U.S. financial system “cash for trash.” Friedman said that people don’t realize that they’re the only one who’s gonna suffer from this financial crisis if they opposed the $700 billions bill as they think the’re giving the Wall Street punishment by not helping them out. He said that we’re all connected with one another. In his journal, he claimed that the financial crisis in US was resulted from our own failure, conducted by people in the Wall Street. I personally think that what he said is true. I agree with him about things are connected with one another, we can’t say we don’t care about the Wall Street because the fact is our money or financial life is depends from it too. Just like what he said, “you can’t save Main Street and punish Wall Street anymore than you can be in a rowboat with someone you hate and think that the leak in the bottom of the boat at his end is not going to sink you, too.” So it’s better if we look at this problem wisely and think more about the consequences of any decision you make if it’s going to cost you more or less problem.

No comments: