by Richard Russell
by Richard Russell: The
Last American Pioneer
you're going to panic, do it fast and beat the crowd." ~ Jesse Livermore
At last, Saturday
I left the rehab center and returned home. It was quite a shock
to return to the new homestead (I had only been living there 18
months). Being at rehab was quite an experience. I thought I had
troubles. But after seeing the people at the rehab facilities, I
learned better. Broken arms, broken legs, cracked skulls, people
frozen with fear screaming jumbled words in the night, ancient women
falling asleep over their dinners.
But the worst
cases were damages connected with autos. Some people had been caught
in crashes, others had been hit by cars. All suffered the awful
results of shock. It was sad and even shocking to see these wrecked
and broken bodies on muscle-building machines, as they tried to
build up strength and repair their broken bodies. It seemed the
average age of participants was about 70. At 87 I felt like a veteran.
I did have
a lot of time to think while recuperating. In the last three and
a half years I've had my share of troubles, including a stroke,
an appendectomy and most recently the broken hip. They say that
"what ever doesn't kill you makes you stronger." Well,
I'm still alive so call me Hercules.
Here are a
few of the things I've realized.
For 50 years
all I had to write about was what was happening in the "dear
old USA." What was happening overseas was inconsequential or
somebody else's worry. Today I receive a dozen newspapers, and the
headlines in each one is different. Most of the headlines are about
Europe, Asia, China or Greece. This for me, amounts to too much
information. I can't absorb it all, and I doubt if anybody else
can. Britain turns down the Euro monetary union, or China's inflation
rate is discussed, or the rate of exports in Germany is highlighted.
Worse, I learn that most US mortgage owners are "under-water."
Meaning that their mortgage is greater than their equity in their
the rest of the article
© 2011 321 Gold