I looked forward to seeing what you would say today with regards to our politicians. I liked what I read. Good message in the last paragraph.
Personally... FDR got it right. It's interesting you are talking about fear... because my piece that airs Thursday night at 11 speaks to your point, focusing on how companies capitalize on people's fear to get them to buy their product. You'll have to watch.
If the stockmarket looses 20 % I would tighten my belt, but I think most people these days buy what they want no matter what and if they run out of money there is always a bailout somewhere - entitlement attitude. That's how the government thinks, so why not?