With uncharacteristic silence and a moving rendition of
"God Bless America," the stock market reopened Monday.
But it will be a long time before many Americans are
financially "back to normal," and the faith community is
conscious that minimum-wage earning workers who lost
their jobs in the World Trade Center are particularly
In addition, discrimination against people from the
Middle East or other countries could manifest itself
economically against certain groups.
Emails traveled the Internet Monday encouraging people
to buy one share of stock to show their support and
trust in the market.
For big businesses, especially those in the securities
market, preparation for Y2K helped firms fare better
than they otherwise might have from Tuesday's terrorist
attacks. According to Cal Robinson, an investment
representative with Edward Jones, the Y2K scare
motivated many securities and financial firms to develop
state-of-the-art backup systems. Those systems, unlike
workers, are scattered throughout the country.
"I know from personal experience with Edward Jones that
we have a backup system that is geographically removed
from our home office in St. Louis. And if something
happened in St. Louis, the backup system would take
But unfortunately some businesses located most of their
workers in one place. One bond firm located in the World
Trade Center lost two-thirds of its employees, yet they
were ready for business the same week the attacks
"You have to," said Robinson. "The sun comes up in the
morning. You have to get up. You have to get the kids
out of bed. You have to get them dressed and to school.
We have to produce food. That's business. That's what
we have to do."
For those who had investments before the attacks, those
investments will likely stay sound, said Robinson.
"There are still trucks going down the highway, there
are still businesses in business. That's not going to
change at all. The country isn't going to collapse and
we will get back to business."
But it won't be 'business as usual,' " he said.
"Security is going to be tightened and that will change
how everyone does business."
Instead of hopping a plane from Los Angeles to New York,
commuters will have to allocate more time for flight
checks. Instead of the majority of American investment
workers working in the World Trade Center, they will be
scattered throughout Manhattan.
The Government is behind this "getting back to business"
strategy. President Bush has asked for and Congress has
granted nearly $40-billion to help rebuild Manhattan,
help the victims of the terrorist attacks, and get the
business of America back on track.
More links on Terrorism