"Everything will be all right. We do have the greatest economic machine that man has ever created."
"We're in a big war, and we're going to use money to fight it."
"If you don't trust where you have your money, the world stops."
Oh Mr. Buffett. How could you? When I really do like you. You are exactly what a nice, happy, next-door grandfather should look like. I suppose you had to say these things today because that's what everyone expected you to say. But we are in a crisis brought about not through some faulty mechanism in a money-making machine but a human nature that evolved over thousands of years to its present state of Net Worth = Personal Worth. If the greatest economic machine the world has ever known brought us to our current state of dismality, how great could the machine have been in the first place?
Well, let's just use more money to make it great again. So we can all end up where we are at the moment again and again and again? What does it say about the world we live in when the money-making machine says the single greatest thing you can place all your hopes and dreams in are pieces of paper with the words U.S. Treasury Bills printed on them? (By the way, I don't think it's a coincidence the words "In God We Trust" aren't printed on T-Bills.)
Have people become machines that register an error sign when they try to place trust in other people like SEC regulators and Bernie Madoffs and Alan Greenspans? And if we can't trust those people, how can we trust people like our parents and friends and colleagues and even nice grandfathers like you? Are the faces of dead American presidents destined to become the only things humans can plug into and interface with? How can we create a world where money isn't the biggest problem we're always trying to solve?