I want it now. I deserve it now. God wants me to have it now. We’re in such a hurry and so impatient. I think this is part of the cause of our recent financial troubles. Both the get-rich-quick financial players and home-buyers-that-should-have-waited participated in the debacle. But beneath it all is an impatience to have it all.
The recent 1000 point drop in the Dow 30 Industrials is partially the fault of computer trading. Apparently “investors” (can we really call them that?) trade via computers in 1,000,000 share blocks, making substantial money on a penny or two change in the stock price – trading many times per day, often “owning” the shares for seconds. How does this activity benefit American industry, or society? I know it’s an unfashionable question to ask – how does something benefit the common good is not a popular concept anymore. It’s all about “me” now – what’s in it for me seems to have become the only relevant question. And, if I can’t make my fortune NOW, well there must be something wrong.