The untold story of this GD economy

The first rough-draft of history can't read the picture of our times.
You didn't have to live through the Great Depression to write a chronicle of repetition.
First there was the financial crisis as President Obama entered office. And by "crisis" I don't mean a market downturn. The system failed. Completely.
As in 1929 we were so-o-o-o close to losing the nation.
The Hoover-like Bush-Cheney administration set us up: Regulation went big bye-bye, tax policy transformed surplus into deficit with the rich getting richer and the rest getting poorer and the oil industry, the most subsidized business in America, received corporate freedom to slash and burn for profit -- greed in the name of capitalism.
Hoover lives!
The new administration strives mightily in the Spirit of FDR. But the White House is up against the same throwback forces that made the GD (Great Depression) economy worse than it had to be.
Republican Party and Libertarian ideology prevail to prevent stimulus spending.
The one time a government should spend money it doesn't have is during an economy as slow to move as a politician in an election year.
But the conservatives who want Obama and Democrats out for partisan reasons are saving our way into deeper financial disaster.
It all happened before. We never learn.
No wonder this emotional nation feels a world class downer of frustration trending to grief -- the blues, a second, essential, psychological part of an economic depression.
Element three is the reflection in nature.
The 1930s had the Dust Bowl.
We have the BP Oil Spill.
Don't you dare dismiss the Gulf crisis as a regional problem. The biblical plague of our times trashes lives, finances and well-being directly or indirectly in a threat to life as we know it from sea to shining.
The impact may be less obvious in circles farther from the epicenter. But energy policy, environmental policy, economic policy, public policy, political palaver will all reflect the humanitarian catastrophe.
Americans who don't have out-of-pocket losses nevertheless will experience a looser grip on nationhood.
Black humor, itself an oil pun, may chortle about high-test seafood but is really a cry from the heart.
That's Great Depression material.
How amazing journalism hasn't pieced the picture together.
Too busy covering press conferences, placing anchors on oily beaches and covering the trivia of a BP executive's yacht race and other PR gaffes.
Charter boat captains, coastal politicians and washaterias for pelicans get some coverage.
Yet no one covering the Fed in Washington, the markets in New York or the boom shortage in Biloxi has taken the holistic view of economic life from shore to board room to living room.
Maybe when the out-migration of Gulfies matches the Grapes of Wrath era of Okies we'll see the Dorothea Lange images and the John Steinbeck narratives and the Arthur M. Schlesinger, Jr.  reminders of the cycles of history in endless repetition.
Artists and historians again will have to compensate for journalism's failure. Another missed opportunity.
And that's too GD bad.

Political platforms and weather shelters are OK but we need foreign affairs coverage too

It’s like taking Gov. Sarah Palin at her word that she is Alaska’s Snow White gift to the nation instead of really being as politically pure as the driven slush upon revelation by reporter scrutiny.

The Press should be more like the Pentagon. Russia shows why.
World peace depends just as much on understanding international conflict as shooting the globe up.
Military planners classically prepare to wage two American wars at once with enough assets left to meet a third emergency.
It’s the attention span as much as anything. But our Information Industry can’t meet the same standard.
Well, come to think of it, neither can the admirals and generals. But they at least try in theory.
Media are concentrating on politics. ’Tis the season.
With some effort they also are monitoring the machine gun-like rat-a-tat of ferocious storms strafing from the weather-Atlantic air war.
Yet for a long time journalism has lost sight of the shooting war that never quits giving hell between Israel and the Palestinian people.
Lebanon lies abandoned between bombings.
Iraq may be a success story. But we haven’t looked at it with the critical consideration of what happens to a corner crime scene when the beat cop moves on.
Iran was the subject of much Press speculation about our possible invasion. Too little real reporting is going on now that our government hasn’t pulled that trigger.
Military Intelligence – that cliché of an oxymoron – lacks analysts who can speak Farsi. Media lack sufficient folks who even know adequately the difference between the Persian culture of Iran vs. the Arab rest of the Middle East.
Food, fuel and water shortages portend more resource wars, especially in Africa.
North Korea seems to have backslid – as the preacher would say – on nuclear disarmament. But just try to find a coherent news story explaining independently the American role.
The news consumer is thrown on too much dependence of our own self-serving government for explanations of worldviews, especially in the gaze toward Russia.
That’s the same Administration reinventing the Cold War.
Missiles in Poland, NATO expansion in Eastern Europe, patronizing attitudes toward Russian self-esteem – all got fashioned into a new containment policy.
But the bear doesn’t want to go into that cage. It even got restive, invading Georgian territory that leans toward Moscow anyway.
Now we have Vladimir Putin, the prime minister, and his oddly subordinate president of Russia, looking at the real prize, The Ukraine.
The new czars can cut off gas and oil to Europe on whim as a strategic weapon. That potential is akin to terrorists or rogue states shutting down the flow of Middle Eastern oil through the Straits of Hormuz – a crippling but real potential.
President Bush has made bear trainer threats he can’t enforce, because he has our diplomatic and economic and military assets stretched too thin.
Vice President Cheney castigated Russia from a Tbilisi pulpit on an aid trip as though he were a two-bit Ronald Reagan saying, “Mr. Gorbachev, bring down that wall.”
Secretary of State Condoleezza Rice cut her academic teeth on the Cold War. She quaintly denounced the Russian moves as unacceptable in the 21st Century. Yet it’s her Administration’s leadership that fails to move out of the Reagan era into realistic foreign affairs of this time.
Without intense, systematic, independent reporting and analysis on front page and prime time, those government pronouncements stand unchallenged by the benefits of journalism.
It’s like taking Gov. Sarah Palin at her word that she is Alaska’s Snow White gift to the nation instead of really being as politically pure as the driven slush upon revelation by reporter scrutiny.
Or it’s like depending on the National Weather service as the sole source of hurricane coverage instead of the animated maps, on-scene reports and progress updates by the energized Media.
American foreign affairs deteriorate badly and rapidly while The Media deploy their assets to other stories. The winning presidential candidate is going to have a greater problem than the drain of jobs, housing and affordable fuel.
We’re in for shock about world affairs.
And all because self-imposed cutbacks of resources and interest prevent The Media from providing the independent information democracy needs as much as it needs political platforms and weather shelters.