Looking Back to 2008 (2): World News

I found it tremendously good news that with their second attempt Earthrace succeeded to circumnavigate the world with bio fuel in a record time. See their Blog for the day to day coverage of this adventure.

As I said in my prior post I’ll try to be as concise as possible when pondering 2008 and will be spilling my thoughts over several posts.

I enjoyed the year tremendously, despite the economic crisis.

Three most important worldnews Items of 2008 to my view:
I tend to stay away from most of the news. That may change in the near future, as (according to Alltop) I’m now a respected news source for The Netherlands.

  1. A new President for the USA
    I believe Mr. Obama will put the USA again on the map where it belongs: A Super decent Super Power as a role model. His choice of ministers gives a strong impression of his will to bridge differences rather than to enhance them. This maybe wishful thinking from a guy who grew up in the “Polders” (i.e. reclaimed land) with our famous “Polder Model” (i.e. endlessly discussing the differences until almost everybody agrees to a solution).
  2. The Olympics in China
    The Olympics did a tremendous job for China to make it more visible in the world as it should be. I particularly liked the impressive and impeccable organization of the spectacle including rockets to keep the rain away in stead of the students. I love the new Herzog Meuron “Knotted Olympic Stadium” I have a feeling the authorities have become a little more relaxed about freedom of speech partly because of the protests by the athletes and the press. I was proud to see my own small country The Netherlands ending relatively high in the medal count.
  3. The bankruptcy of the financial institutions
    I have always learned from my forebears that you shouldn’t trust bankers, although they are usually immaculately dressed. Almost all have proved a tremendous lack of due diligence. The bailing out of the financial institutions may be wise to prevent 1929/30 alike situations, but I have a strong feeling we have to get rid of all bankers. Kick all incompetent dummies out. Let’s start fresh from zero, scratch, zilch. Let banks be led by sensible diligent housewives who know how to flip a dime three times before spending it and who I trust not to spend anything on derivative nonsense. I’m not even talking about the hedge fund managers and the like: Back in the 60ies to 80ies we used to call them corporate raiders. In fact they are mere buccaneers or even thugs. Although I strongly disagree with the ideas behind Guantanamo Bay, I believe that’s a place they belong while their fortunes should be confiscated and used to curb the losses in bailing out the economy. I’m not a communist and neither a socialists, but the lesson of 2008 is that most financial guys have crossed the line and we (and particularly our “leaders”) all stood there and let them do it. I hope 2009 will be give us much more of “Back to Basics”. Let’s throw the greed out of the window!

What is your view?

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