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We now know that, as we suspected, a portion of bailout money for the finance sector is being used for executives' compensation as well as other privileges like private jets.  But the underlying theme in the bailout is that the money isn't going to repair the economy.  It's just for the finance sector.  During this period though, we are seeing people lose their jobs without any reflection on the stock prices nor positive news for the economy as a whole.

Just as the federal government is throwing lifelines to the banks, you would think that the banks would likewise trickle down their money to these suffering companies. 

Not at all.

There's no clear evidence of how the money is being used dollar-for-dollar.  However, we haven't seen companies like Circuit City, KB Kids, Mervyns, etc. receive anything outside of notifying their employees that they won't have any jobs i the near future.

Wouldn't you think that there would be a symbiotic relationship between banks and companies in America in terms of unilaterally helping each other through this difficult time?  Or is Wall Street selectively filtering out those who aren't their favorites as if listening to an mp3 playlist?

The money never was intended to help us.  It's only used to circulate among the elite of society.  But for some reason the continuous discourse every where about the economy has forced people to turn their attention and care about what goes on in Wall Street.

Here's my thing.  Fuck Wall Street.  Let them rot.  Laugh every time the stocks drop.  Celebrate when you hear a company go out of business. 

The whole thing ought to be that these companies should somehow attempt to determine a way to help us.  They haven't.  Instead, to preserve their precious stock prices so that their high up executives can receive their bonuses, they cut us.

But stop worrying about the economy, losing your job and the pathetic media that transmogrifies this situation into something bigger than it is.  It doesn't help anyone that you're worrying about someone else's problem.  We're not bankers.  We're not investors.  We're not finance people.  Let Wall Street and only Wall Street worry about Wall Street. 

Instead, turn your attention to yourself, your community and your lives.  A friend said that a problem in society that has come about as a result of the proliferation of the internet and the expediency of news is the loss of local community.  Now, we're caring far too much about other people's lives rather than our own.

I do agree with that thought.  News is interesting and helps prevent boredom when there's nothing else around.  But we've gotten too far away from just ourselves. 

For myself, I just stopped caring.  And if some issue happens, I laugh it off.  But I refuse to allow the negative press affect my mental state.  It's not worth the time and effort to go about each day worrying about an issue that doesn't really affect me.  Maybe on the global scheme of things or down the line, but you can't just live for theory.  It's like taking an astronomy class and worrying when a black hole will gobble up the galaxy, or when the sun will go super nova or figuring out when the universe began/ended.  If you like to theorize about things like that, fine.  But for all practical purposes, things like that have no meaning to our daily lives (unless you're a professor on said subjects).

Oh, and here's another little piece of advice/way of thinking of things: no news is sometimes very good news.