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From Farai

The Financial Crisis Is NOT New

Farai Chideya

I'm sitting in an airport right now, watching Senator Barack Obama talk to Wolf Blitzer on CNN. An older white woman; a young white man; and two men speaking Japanese sidle up to the flat-screen television to try to find out what the hell is going on.

By that I mean: Since the 9/11 attacks, I have never seen so many people of such a wide cross-section of society freak out at once. It's as if people just realized that the financial fairy godmother was not going to come rescue us from our credit card debt, or the larger issues plaguing the country (and the world).

Of course Senators Obama and John McCain had a tense meeting over the economic rescue package at the White House; and as of this moment, no one knows if the debate scheduled for tomorrow will actually come off. On CNN, Sen. Obama says, "Families were having trouble even before this Wall Street Crisis."

Well, that's for sure.

The economic crisis is like a freight train run amok ... but it's been coming for a long time.

Poor and working people heard this freight train coming. People saw their neighbors losing their homes for months now.

But Wall Street missed the sound.

Washington missed the sound.

The people in Lancaster, California; Detroit; Baltimore; and any number of small towns heard the warning whistle but were tied to the tracks.

This economic crisis has been reality for a long time. A lot of folks just hoped if they shut their eyes, the train would pass and everything would be okay.

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