The Sky is Falling (part 2)

—> I posted this last year, October, and interestingly it is still relevant. The Sky is Falling (Part 1) is here. <—

Did you know around the world

some 26,500 children

die DAILY?  This is equivalent to:

  • 1 child every 3 seconds.

  • Almost 10 million children dying every year.

  • An Iraq-scale death toll every 15–36 days.

  • 18 children dying every minute.

  • A 2004 Asian Tsunami occurring every week

(Statistics from:

It is a difficult battle to face down the fears of today.

What am I afraid of ?  For starters, I am afraid for the state of the world’s economy.  I mean, financial security (something that I thought was a given and that I have absolutely taken for granted) is all but disappearing.  Yes, I am afraid.   It feels like our country is being run into the ground.

Ironically though, really what I’m afraid for is the state of my America — my middle class, or upper middle-class life is feeling shaky.

Did you know America’s poverty rate was almost 13% of our total population last year? That was the fourth consecutive annual increase, the Census Bureau says.

Last year, there were 37 million people living in poverty in the UNITED STATES.

That’s more than one in ten citizens living below the poverty line, and the gap between the haves and have-nots is widening.

I am a “have” — and yet I’m scared?  It makes me wonder what kind of fear and stress others live with daily.

Perhaps as a result of all of the reality shows on television which do nothing to project “reality” but something surreal and unbelievable.  My children are often asking “Are we rich?”  Ah, a good question and difficult to answer.  But if I compare myself, our life, to most of the world we are rich.  As my son says:  we’re definitely thousannaires. (I’m fairly sure he’s coined this phrase.)

And although I am afraid; Even as my mind runs to ‘what ifs’ it is good to remember to reflect on these facts.  Though winter is coming:

  • I have heat and a roof over my head.
  • I can feed my children three meals a day, more if I want.
  • We have two cars,
  • and clothes,
  • and clean water,
  • and health care,
  • school,
  • and our health,
  • currently, we can pay our bills.

I am blessed.

There are many places in our community where others are in need and you and I can help.  Donate clothing or money, or time or food to homeless shelter or a local food pantry.  These are just a few ideas.

Remember to be grateful and not focus on fear.  I want to give out of my abundance, because no matter how much I lost in the stock market recently, or may in the future, or how much the prices of gas and food are skyrocketing, I have much, much more than so many in our community and around the world.

Updates from an Oct 2008 post.

And a few articles to read regarding the US Economy.

1) An interesting article with a little hope about the economy, written by John Maudlin, investment specialist and author of many best selling books.

2)  On another note, I just read this interesting article about a woman, Brooksley Born, head of the Commodity Futures Trading Commission ,who was warning against this current financial crisis ten years ago, titled: The Woman Who Could Have Prevented This Financial Mess Was Silenced by Greenspan, Rubin and Summers.

Thanks so much for reading and sharing.

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