Head to the fallout shelter:

Every time you turn on the television and watch the news, you are told to the economic world is going to end. We hear headlines like this: The dollar is at an all time low, oil prices are setting records, the world’s richest man, Warren Buffett, says we are in a recession, CEO’s of major companies say we are in the worst housing crisis since the Great Depression, unemployment and inflation are going up.

Just read some of the language and you will know what I mean. From an Associated Press story a headlines reads, “Employers Slash Jobs by Most in 5 Years.” Why put the word slash in there other than to conjure up fear? The media thrives on fear. Personal finance expert, Suzie Ormon, was on the Today’s Show yesterday explaining how scared she of the current economy because of the dollar’s fall and oil prices. Here is another headline from the New York Sun in November of last year, “Talk of Worst Recession Since the 1930’s” The media is brow beating us into submission. A google news search of the word “recession” turns out over 10-thousand hits in the past month alone.

What happened to the American spirit? The American Spirit that could overcome anything. The American Spirit that has the most productive workers in the world. The America that most other countries want to be like. The America where our standard of living is above all else. The America where poor people own homes, cars, televisions, cell phones and have cable.

One other footnote. The man who know says America is in a recession, Warren Buffett made $10 billion dollars alone in 2007. He is now the world’s richest man with a total value of $62 billion. That’s not a bad year at all.