Nemo’s Lessons About The Economy

Finding Nemo gets screened a lot at our house.  Having a five year old is an excuse to watch funny cartoons over and over again.  The artwork is mesmerizing — those Pixar guys are geniuses.  The script is hilarious, even the 90th time through (did I mention the five year old?).

The other day we were watching the movie and it hit me that it isn’t just a tale of parents and kids and overcoming fear, it’s also a fable about how people deal with the economy.  To wit:

We’re in the "first day of school" phase at the moment.

What do we have to remember about the ocean economy? It’s not safe. First you go out, then you go back in, then out, then back in, then again.  And sometimes, if you want to do it four times…

Welcome to everyone’s fear about the stock market in a little YouTube snippet. One of these days, everyone will head out into the great unknown…just not quite yet.

What lessons have we learned from past mistakes? I dunno.  I think half the pundits and political "how can I game this for my own personal benefit" types have caught Dory’s short term memory loss (YouTube) about causation.  

Krugman hits this head on:

Somehow, Washington has lost any sense of what’s at stake — of the reality that we may well be falling into an economic abyss, and that if we do, it will be very hard to get out again. 

It’s hard to exaggerate how much economic trouble we’re in. The crisis began with housing, but the implosion of the Bush-era housing bubble has set economic dominoes falling not just in the United States, but around the world.

Consumers, their wealth decimated and their optimism shattered by collapsing home prices and a sliding stock market, have cut back their spending and sharply increased their saving — a good thing in the long run, but a huge blow to the economy right now. Developers of commercial real estate, watching rents fall and financing costs soar, are slashing their investment plans. Businesses are canceling plans to expand capacity, since they aren’t selling enough to use the capacity they have….

Isn’t it time we all moved on from the crapola that got us here in the first place?  Say no to zombie lies.

How about all the greedy SOB’s who keep screaming "mine, mine, mine" grow up and realize that it’s not all theirs?  And that when others don’t have anything, that pile of "mine" starts shrinking.

Yeah, not holding my breath on that one, either.

But wouldn’t it be nice to see some discussion about the demand side of the economy, too?  Stimulating things by making sure people actually have jobs where they can earn decent wages for a day’s work so that they will then be able to buy food and housing and all those little things we like to think of as essentials in life for…survival. (YouTube)  

Of course, that presupposes that those who give a crap about regular people’s needs don’t get railroaded by those who can afford K Street survival mechanisms (a/k/a/ lobbyists).  

So, what’s a freaked out, economically worried person to do?

Grab shell, dude, and go with the flow:

Or, to put it a different way: just keep swimming.  Just keep swimming. (YouTube)

Because, honestly, what else are we all going to do except keep moving forward until we finally get out of this trench?  

And, if we are really lucky, we’ll all make it out of the swirling vortex of financial terror.

Just keep swimming…together.


 
12 Responses to "Nemo’s Lessons About The Economy"
Teddy Partridge | Sunday February 8, 2009 12:17 pm 1

The voice of Nemo is Alexander Gould, who also plays the protagonist’s younger son Shane Botwin on the Showtime series “Weeds.” He’s acted since the age of two! Expect more great things from this young and talented actor.


A Mom Anon | Sunday February 8, 2009 01:54 pm 2

Just Keep Swimming is my mantra,lol.


Christy Hardin Smith | Sunday February 8, 2009 01:55 pm 3

Sometimes, you just need a laugh. *g* Even when things are dismal…


readerOfTeaLeaves | Sunday February 8, 2009 02:31 pm 4

Yes, but aside from swimming I think it’s really time to **insist** that zombie lies, disinformation, and economic ideas from the 1770s (when Adam Smith wrote ‘Wealth of Nations’) need to be exposed for the frauds they are.

I can’t emphasize how important it is to insist that the information be far more factual and up-to-date.

Masaccio’s diaries at Oxdown, about the credit derivative swaps and other ‘financial instruments’ have, as near as I can tell, done a better job of reporting some of the basic dynamics that really derailed the system than most of the economic news that I scan — and Morning Joe ought to have masaccio on to explain the role of CDOs and CDSs in taking this nation into the economic sewer.

As near as I can tell, masaccio is a lawyer who also does bankruptcy proceedings and really has a sense of what’s happening.

We can all keep swimming as valiantly as we want, but it comes down to stopping the sources of pollution that are destroying our shared waters. Until that is cleaned up, I honestly think we’re kind of hosed.

Sorry to be such a downer.
But if masaccio can write those diaries along with a full-time practice, I don’t fathom how half the entire US Senate can be so appallingly ill-informed.


Teddy Partridge | Sunday February 8, 2009 03:00 pm 5
In response to readerOfTeaLeaves @ 4

They are well-compensated for their ignorance.


Kathryn in MA | Sunday February 8, 2009 03:14 pm 6

Well, we learned the invisible hand was on the take.


chetnolian | Sunday February 8, 2009 03:24 pm 7

The economic theories of Maynard Keynes are so far the best we have for this situation, but even then they may be insufficient. Trouble is we are not swimming, we are all falling together, and we are halfway (maybe) down the cliff and no one knows what to do because no one, as in no one anywhere in the World, has ever been here before.

Even the clued up people who both understood what was happening, as derivatives upon derivatives were created for the sole purpose of creating fee earning trades, and who knew and predicted that this would happen sometime, and there are more than the media ever admit, don’t have a clue how to fix it now and are reduced to saying, like the man asked the way to Dublin, “Well I wouldn’t start from here!”.


Kathryn in MA | Sunday February 8, 2009 03:34 pm 8
In response to chetnolian @ 7

I wouldn’t start from here.

That’s just what Sen Shelby said in Scarecrow’s Oxdown clip. LOL sorta.


Bluetoe2 | Sunday February 8, 2009 03:46 pm 9

If Republicans were advising the captain of the Titanic after colliding with the iceberg they would encourage him to put the ship in reverse and smash into the berg again since it was still in their way.


readerOfTeaLeaves | Sunday February 8, 2009 04:00 pm 10
In response to chetnolian @ 7

Even the clued up people who both understood what was happening, as derivatives upon derivatives were created for the sole purpose of creating fee earning trades, and who knew and predicted that this would happen sometime, and there are more than the media ever admit, don’t have a clue how to fix it…

Well stated.
And Bluetoe2’s description ought to be blazoned on the the Internet, because it’s so apt.

TeddyP, totally agree with you.
A deplorable day for media, particularly ‘newz’ shows (except for Maddow and -strangely – Tweety).

They all outta ask Robert Reich and Masaccio on to give Krugman a bit of time to breathe.


Loo Hoo. | Sunday February 8, 2009 04:11 pm 11
In response to Bluetoe2 @ 9

If it weren’t true, that would be hilarious!

Thanks for teh fun video, Christy.


BooRadley | Sunday February 8, 2009 07:59 pm 12

Thanks Christy

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