Robin Williams as The American Flag

Financial Crisis and Cashmere Hats

“I don’t like to be in this position, asking for things and, you know, answering to the American taxpayer,” Treasury Secretary Hank Paulson informed the Senate banking committee yesterday.”  I Come to You, Cashmere Hat in Hand  Dana Milbank

Some of the blame for the financial crisis obviously lies with the cult of “positive thinking”  which encouraged people to buy houses they should’ve known they couldn’t afford.  The greedy lenders did know better, but didn’t care.

I’m a strong believer in the power of positive thinking, but it only works if we’re also in touch with reality. It’s okay to have my head in the sky as long as my feet are still in touch with the ground.

The word “cashmere” in the title of Milbank’s column in the Washington Post immediately brought to mind a recent experience of mine (I, thankfully, still have a home with my daughter and her family while awaiting repairs to my own house, caught in the recent flooding in Cedar Rapids). All of my winter coats were sequestered in the basement waiting for fall, and of course they are now in the city dump.

Last week I happened into Goodwill, which has become one of my favorite stores, and a few winter coats had come in. One fit me perfectly and was in a color I like, and was also a perfect fit. The label said “manmade cashmere” which obviously means fake. But that’s okay, since I’m not used to real cashmere anyway and the cost of the coat fit my budget.

I’m now ready for cold weather and the leaves have begun to change to gold and brown. I’m watching for the red leaves, my favorite, to begin highlighting the foliage, as I walk Winston.

And while I walk Winston I think about things. Like what in the world is this country coming to, and what is going to happen on November 4th, after all the mud-slinging is at an end, and we have to make a – Gasp! Choice!

I’m merely a retired woman with hopes and dreams for my grandchildren and their future. Thankfully, my own children have done well – on their own, I might add–and are great parents. They will handle whatever comes up in the future. My own time will be drawing to a close so I’m resting from my labors, and just trying to fit the pieces together.

My children were born in the Sixties, during the Uranus conjunct Pluto generation, and, like Palin and Obama, are in their forties. I’ve always been amazed by them, their independence and involvement in the larger world, and always enjoyed listening to them debate at the dinner table, sometimes heatedly, exchanging ideas.

But I’m getting away from my subject. The “cashmere hat in hand” to cover Paulson’s bald head, I presume, speaks eloquently to the current crisis created by greed. I have no gripe with anyone preferring and/or being able to afford a cashmere hat. I even enjoy shopping at Goodwill. But I’m glad to see a little humility expressed, at least in a small way, by one of the greedy.