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F William (Bill) Broome

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Age - Experience - Money
By F William (Bill) Broome   
Rated "G" by the Author.
Last edited: Sunday, September 07, 2008
Posted: Sunday, September 07, 2008

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Being young does not provide the benefits of experience, problem solving, and knowing how far to go with monetary change while insuring soundness for the peoples' well being and prosperity.

Age - Experience - Money
By F. William Broome

During what historians called, The Great Depression, American men and women were sub-human. When the New York Stock Exchange went bust, money dried up, not only in the U.S., but world wide, the rich becoming poor and the poor, destitute. Nothing like it had ever ruled the day-to-day lives of people before, so people starved, families broke up, and hundreds committed suicide rather than deal with their losses.

At this time, in 2008, the oil and energy crisis is but a blip on the screen compare to the years after October 29, 1929. The initial crash occurred on Black Thursday October 24, but it was the catastrophic downturn of Black Monday and Tuesday , October 28 and Wednesday, October 29, that caused the awful crash heard around the world.

Federal and most state governments were without funds, as were local counties and cities. Jobs were erased, and even talented experienced persons weren't able to find employment. Children were fed what food was there, and adults, like my own parents, told later that they existed on only one slim meal a day for weeks.

Shamefully, the money handling crowd has found new ways to bring about the fall of the stock trading and lending empires in our nation. The situation begs the question; when will our national government mature enough to the point of not allowing new methods and shady systems to grow and fester endangering the savings and security of citizens so that a handful can become wealthy beyond reason?

Maturity is a good word, a safer level, and one hopes that it will happen faster in the growth of our savings, but it is also a badly needed status in the "leaders" appointed to direct the operation of our banks and financial empires.

Leaders still in their 40s are not yet capable of believing that the bottom does fall out when our institutions abandon tried and true rules and limits insuring the safety of of higher finance. Only a few know enough when in their 50s, simply because life has not yet taught that the rules of average will apply no matter how brilliant the individual might be.

We are no longer in the age "frontier politics and settlement of our country." The United States will lead the world, either on the correct path, or the one to destruction. Youth is not the main factor in good leadership; experience is still the big one, and it should be, because it gives the benefits of small failures and recoveries by the individual.

There is as great difference between a 49 year old U. S. Senator, who has been little more than a political climber, and a longer term senator of age 72, who is an experienced naval officer, plot, and a U. S. Senator of many years and plenty of negotiating. requiring decisions to be made.

I believe in those who appear to be capable leaders, and who were born less than 50 years before, but history has told us that there are few who actually did the job well. In the many decades of my life, I've learned this; there is nothing as good for doing the job assigned as is much experience! .

Don't take my words for it. Here is what it says in the thick book explaining the word, experience: knowledgeable, materialistic, practiced, pragmatic, seasoned, utilitarian, versatile, worldly, worldly-wise.

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