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A Day to Remember for Americans…

by Sachin Balagopalan on May 18, 2008 · Comments

Most of us Americans are looking forward to a three day weekend next week to celebrate Memorial Day. While Memorial Day is a day to remember the men and women who lost their lives serving our country, it also marks the beginning of the summer season in the U.S. Traditionally that means family, friends, BBQ’s, camping, and of course gassing up the car, SUV, truck or RV and driving.

This year especially I think a lot of Americans will be contemplating and pondering quite a bit over the holiday weekend. The war in Iraq, the upcoming national election in the fall, the state of the economy, the subprime debacle and soaring gas prices are a few of the topics that will be foremost on our minds as we gas up and take off for the weekend.

While Obama and Clinton duke it out in the final weeks of the primary season quite a few of us will be reflecting on the last eight years of the Bush administration - what did it all mean? I’m sure the answer to that question will probably weigh in heavily for most of us as we grapple with the decision who to vote for this fall.

A lot of Americans will be wondering if they can hold on to their homes for long as home foreclosures stemming from the subprime crisis continues to loom. Folks looking to downsize in the near future will probably be pondering the question - Will the value of my house go up again?

And then quite a few of us will be asking the question - How can a handful of countries get together every couple of months and decide how much oil to pump? There is something fundamentally wrong when an oil cartel like OPEC can have that much control over my wallet. This image that I took this morning with my iPhone as I tightened the gas tank cap on my car will be etched in my mind over the holiday weekend for sure. As I write this President Bush is flying back after his trip to the Middle East. The reason for his trip, as reported in todays New York Times was to persuade the King of Saudi Arabia to “to release enough oil to drive down prices and give American consumers some relief at the pump…” . The King apparently did not budge - he decided to increase production by only 300,000 barrels which will hardly make a dent.

Yes, Memorial Day 2008 will be a day where we take stock of ourselves and our country as we remember the men and women who lost their lives serving our country.

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