Showing posts with label American decadence. Show all posts
Showing posts with label American decadence. Show all posts

Friday, July 28, 2017

Kunstler: This Week's Columns

Kunstler: The Value of Everything.

The floundering non-elite masses have not learned the harsh lesson of our time that the virtual is not an adequate substitute for the authentic, while the elites who create all this vicious crap spend millions to consort face-to-face in the Hamptons and Martha’s Vineyard telling each other how wonderful they are for providing all the artificial social programming and glitzy hardware for their paying customers.

The effect of this dynamic relationship so far has been powerfully soporific. You can deprive people of a true home for a while, and give them virtual friends on TV to project their emotions onto, and arrange to give them cars via some financing scam or other to keep them moving mindlessly around an utterly desecrated landscape under the false impression that they’re going somewhere — but we’re now at the point where ordinary people can’t even carry the costs of keeping themselves hostage to these degrading conditions.

The next big entertainment for them will be the financial implosion of the elites themselves as the governing forces of physics finally overcome all the ruses and stratagems of the elites who have been playing games with money. Professional observers never tire of saying that the government can’t run out of money (because they can always print more of it) but they can certainly destroy the value of that money and shred the consensual confidence that allows it to operate as money.

That’s exactly what is about to commence at the end of the summer when the government runs out of cash-on-hand and congress finds itself utterly paralyzed by party animus to patch the debt ceiling problem that disables new borrowing. The elites may be home from the Hamptons and the Vineyard by then, but summers may never be the same for them again.

The Deep State may win its war against the pathetic President Trump, but it won’t win any war against the imperatives of the universe and the way that expresses itself in the true valuation of things. And when the moment of clarification arrives — the instant of cosmic price discovery — the clueless elites will have to really and truly worry about the value of their heads.

More here.

and

Kunstler: Words and Deeds.

The mills of the gods grind slowly, but they grind exceedingly fine — in this case, inexorably toward the restorative medicine of the 25th amendment. There is, after all, that hoary old artifact called the national interest lurking somewhere offstage aside of all this colorful mummery, especially as the Russian Meddling gambit appears to be dribbling away to nothing. It’s more than self-evident that poor Trump is in so far over his head that he’s come down with something like the bends, a debilitating systemic disorder rendering him unfit to execute the powers of office. Decades from now, they’ll say he had “the tweets.”

This is a melodrama of a type the world has seen before in a hundred royal palaces and other centers of mis-rule. The need to get rid of the head of state becomes so painfully self-evident that idle chatter about it ceases and all intention is signaled in mere eye-rolls, sighs, portentous glances, and other fraught devices of body language. That’s what’s going on now in the senate, the agency executive suites, the terraces of Martha’s Vineyard, and surely the hallowed corridors of the White House itself. One way or another, the knives are coming out.

The most economical script would have Trump graciously “resign” and be allowed to return to his familiar money-grubbing activities in real estate, where he can really only do harm to his own bank accounts and family posterity. Or, he could be dragged kicking and screaming from the premises, shall we say, and thrown to the bloodthirsty beasts of Deep State justice. That will not be pretty. Either outcome could provoke a lot of mischief “out there” among those who voted for him.

In any case, I doubt that the polity can take much more of Trump after Labor Day — and I say all this as one who was never part of the so-called “Resistance.” I’m not even very much convinced that getting rid of Trump and installing his stand-in, Mike Pence, will leave the government any less dysfunctional. After all, the nation is riding a larger and scarier arc of history as the techno-industrial fiesta winds down, with all the awfully disruptive consequences that implies.

More here.

Friday, April 28, 2017

Kunstler: The National Blues

Kunstler is right, but he overstates the extent of the problem. There's still richness and soul in American life.

Kunstler: The National Blues.

Friday, February 03, 2017

Kunstler:"The Purpose of Decadence and the Pleasures of Coercion."

Kunstler is now blogging twice a week, Fridays in addition to Mondays. Below is his first Friday column.

Kunstler:"The Purpose of Decadence and the Pleasures of Coercion."

I guess you’ve noticed by now that the center didn’t hold. Instead of a secure platform for political premises like tradition, precedent, rationality, and cultural norms, you see a fiery maw of sheer emotion between the camps of the so-called Left and the so-called Right.

I say so-called because the campus Left and the Trump Right have escaped the categorical corrals they formerly occupied. And they may have left their customary official parties stranded and dying too. It may be fatuous to say whether that is a good or bad thing; it just is, for the moment. They are two halves of a polity so broken and so far apart that it is also hard to see how they might ever come back together into a consensus about how a society might operate successfully.

Not having a consensus — some substantial overlap between circles of perspective — it’s not surprising that America can’t construct a coherent view of what is happening, or make a plan for what to do about it. Mainly what’s happening is the running down of fossil fuel based techno-industrial economies, and the main symptom is falling standards of living, with fading prospects for future happiness and security.

As I’ve said before, our economic picture is basically untenable due to the falling energy-return-on-investment of the crucial oil supply (shout-out to Steve St. Angelo). At the high point of 1920s oil production the ratio was around 100-1. The shale oil “miracle” is good for about 5-1. The aggregate of all oil these days is under 30-1. Below that number, you’ve got to shed some activities in our complex economy (or they just get too expensive to support) — things like high-paying labor jobs, medical care, tourism, college, commuting, heating 2500 square foot homes…). Oddly the way it’s actually working out is that America is simply shedding its whole middle class and all its accustomed habits and luxuries. At least that’s how it adds up in effect. Naturally, that produces a lot of bad feeling.

President Trump is unlikely to be able to fix that essential problem, unless he can pilot the whole political-economy into a glide-path leading toward neo-medievalism — what I call the World Made By Hand. Trump’s call for restoring the factory economy of 1962 is a low-percentage prospect. Instead, he’ll be saddled with the collateral damage caused by the dishonest effort of his recent predecessors to borrow from the future to pay for the way we live now — that is, racking up debt. This mighty debt-load, never before seen in history, and the accounting fraud that enables it, has helped produce all kinds of distortions, perversities, and fragilities in our money system (finance and banking) which can easily slip into collapse if a crucial prop fails here or there, and that is exactly what I think will happen under Trump. It will not be his fault, but he’ll get blamed for it. And when it happens, he won’t be able to give his attention to anything but that.

In the meantime, society shows all the symptoms of this literal economic disease in the political and cultural fissures of the day. The political Right failed in its role as prudent conservator of values, resources, and practical custom; the political Left has taken refuge in sentimental fantasy, using the semantic ploys of the graduate school seminars to pretend that reality is whatever they wish it to be. Uncomfortable with the age-old tensions of sexuality? Then pretend that you can opt out of the dynamics of biology by declaring yourself “non-binary,” a term with a pleasing science-y flavor. Tensions gone? Not really. You’ve only made them worse as, for instance, expressed in “non-binary” suicide rates. The perversities of transsexual triumphalism are related directly to the falsehoods of Federal Reserve trans-monetarist triumphalism, and all parties are subject to the matrix of racketeering that has taken the place of plain dealing in goods, money, and ideas in this society — especially ideas grounded in reality.

Societies may not exactly be organisms with intentions, but they move in a particular direction because they are emergent phenomena. That is, they are self-organizing according to the circumstances and forces they are subject to at a certain time and place in history. Decadence is specifically the decay of social and cultural boundaries, a process that is manifestly accelerating now. Both sides of the political spectrum are acting out this dynamic, with the vacuum in the middle sucking vitality out of each side. The Left has become a kind of pagan religion of sacred victims and victimhood, collecting sacred injuries and martyrs. Its dark secret, though, is that these sacred things are only straw-dogs and wicker-men. The real animating motive for the Left these days is simply the pleasure of coercion, of exercising the power to punish their adversaries and watch them suffer.

The Trump Right also enjoys the writhings and sufferings of its adversaries, squashed bug style, as it goes forth in the quixotic battle to bring back 1962 at all costs. Both the Left and the right show not a little sadism in their methods. In the background of these histrionics, the great groaning machine of Modernity lurches toward collapse — not the end-of-the-world as many foolishly imagine, but the end of a phase of history when things that used to work, don’t. At a certain point, we’ll have to try other ways of being with each other on this planet, and then for a while things will come together again.

Monday, April 11, 2016

Kunstler: The Mystery Revealed.

Kunstler: The Mystery Revealed.

The mystery is at last revealed: why does the field of candidates for president score so uniformly low in trust, credibility, likability? Why are there no candidates of real substance, principle, and especially of real charm in this scrim of political basilisks? (Surely there are many people of substance and principle elsewhere in America — they just don’t dare seek the job at the symbolic tippy-top of this clusterfuck of faltering rackets.) [There is at least one candidate of substance and principle--Jill Stein--but she's outside the Demopublican-Republicrat duopoly.--P.Z.] The reason is that the problems are unfixable, at least not within the acceptable terms of the zeitgeist, namely: the secret wish to keep all the rackets going at all costs.

This is true, by the way, of all parties concerned from the 0.001 percent billionaire grifter class to the deluded sophomores crying for “safe spaces” in their womb-like “student life centers” to the sports-and-porn addled suburban multitudes stuck with impossible mortgage, car, and college loan debts (and, suddenly, no paying job) to the deluded Black Lives Matter mobs who have failed to notice that black lives matter least to the black people slaughtering each other over sneakers and personal slights. None of these groups really want to change anything. They actually wish to preserve their prerogatives.

The interests of the 0.001 percent are obvious: maintain those streams of unearned, rentier, notional wealth as long as possible and convert them as fast as possible into hard assets (Caribbean islands, Cézanne landscapes, gold bars) that will theoretically insulate them from the wrath of history when the center no longer holds. The poor (and ever-poorer) formerly middle class suburban debt serfs, for all their travails, can’t imagine living any other way or putting less of their dwindling capital into the Happy Motoring matrix. The Maoist Social Justice Warrior students are enjoying the surprising power and thrills of coercion, especially as directed against their simpering professors and cringing college presidents anxious to sustain the illusion that something like learning takes place in the money laundering operations of higher ed. The Black Lives Matter crowd just wants to be excused from their failure to follow standards of decent behavior and to keep mau-mauing the other ethnic groups of America for material and political tribute.

It must be obvious that the next occupant of the White House will preside over the implosion of all these arrangements since, in the immortal words of economist Herb Stein, if something can’t go on forever, it will stop. So the only individuals left seeking the position are 1) An inarticulate reality TV buffoon; 2) a war-happy evangelical maniac; 3) a narcissistic monster of entitlement whose “turn” it is to hold the country’s highest office; and 4) a valiant but quixotic self-proclaimed socialist altacocker who might have walked off the set of Welcome Back Kotter, 40th Reunion Special. These are the ones left standing halfway to the conventions. Nobody else in his, her, it, xe, or they right mind wants to be handed this schwag-bag of doom.

On Saturday, the unstoppable Democratic shoo-in Hillary lost her 7th straight contest to the only theoretically electable Vermont Don Quixote, Bernie Sanders. This was a week after it was reported in The Huff-Po that her campaign crew literally bought-and-paid for the entire 50-state smorgasbord of super-delegates who will supposedly compensate for Hillary’s inability to otherwise win votes the old-fashioned way, by ballots cast. Wonder why that didn’t make nary a ripple in the media afterward? Because this is the land where anything goes and nothing matters, and that’s really all you need to know about how things work in the USA these days.

The Republican mandarins are apparently delirious over loose cannon Donald Trump’s flagging poll numbers in the remaining primary states. Should Trump fall on his face, do you think they’ll just hand Ted Cruz the Ronald Reagan Crown-and-Scepter set. (They’d rather lock Ted in the back of a Chevy cargo van with five Mexican narcos and a chain saw.) The GOP establishment insiders are already lighting cigars in preparation for the biggest smoke-filled room in US political history, Cleveland, July 20. But what poor shmo will they have to drag to the podium to get this odious thing done? Who wants to be the guy in the Oval Office when Janet Yellen comes in some muggy DC morning and says, “Uh, sir (ma’am)… that sucker you heard was gonna go down…? Well, uh, it just did.”

As for the Dems: they are about to anoint the most unpopular candidate of our lifetimes. The BLM mobs have promised to deliver mayhem to the streets of the party conventions and don’t think they will spare Hillary in Philary, no matter how many chitlins she scarfed down last month in Carolina. The action in Philly will unleash and reveal all the deadly power of President Obama’s NSA goon squads when the militarized police put down the riots, and Hillary will be tagged guilty by association.

And that is how Kim Kardashian gets elected president.

Monday, November 30, 2015

Kunstler: The Story Line Dissolves.

Kunstler: The Story Line Dissolves.

Sometimes societies just go crazy. Japan, 1931, Germany, 1933. China, 1966. Spain 1483, France, 1793, Russia, 1917, Cambodia, 1975, Iran, 1979, Rwanda, 1994, Congo, 1996, to name some. By “crazy” I mean a time when anything goes, especially mass killing. The wheels came off the USA in 1861, and though the organized slaughter developed an overlay of romantic historical mythos — especially after Ken Burns converted it into a TV show — the civilized world to that time had hardly ever seen such an epic orgy of death-dealing.

I doubt that I’m I alone in worrying that America today is losing its collective mind. Our official relations with other countries seem perfectly designed to provoke chaos. The universities have melted into toxic sumps beyond even anti-intellectualism to a realm of hallucination. Demented gunmen mow down total strangers weekly in what looks like a growing competition to end their miserable lives with the highest victim score. The financial engineers have done everything possible to pervert and undermine the operations of markets. The political parties are committing suicide by cluelessness and corruption.

There is no narrative for our behavior toward Russia that makes sense anymore. Our campaign to destabilize Ukraine worked out nicely, didn’t it? And then we acted surprised when Russia reclaimed the traditionally Russian territory of Crimea, with its crucial warm-water naval ports. Who woulda thought? Then we attempted to antagonize them further with economic sanctions. The net effect is that Vladimir Putin ended up looking more rational and sane than any leader in the NATO coalition.

Lately, Russia has filled the vacuum of competence in Syria, cleaning up a mess that America left with its two-decade-long crusade to leave a train of broken governments everywhere in the region. A few weeks back, Mr. Putin made the point before the UN General Assembly that wrecking every national institution in sight among weak and unstable nations was probably not a recipe for world peace. President Obama never did formulate a coherent comeback to that. It’s a little terrifying to realize that the leader of our former arch-adversary is the only figure onstage who can come up with a credible story about what needs to happen there. And his restraint this week following what may have been a US-assisted shoot-down of a Russian bomber by idiots in Turkey is really estimable. It all looks like a feckless slide provoked by our side into World War III, and for what? To make the world safe for the Kardashians?

The uproars on campus before Thanksgiving are more a reflection on the astounding cowardice of college presidents than the foolishness of young minds — which, being not fully formed, are easily susceptible to idealist figments. The adults in charge ought to know better. Princeton President Christopher Eisgruber actually entertained the “demand” to erase Woodrow Wilson’s presence on campus for being an arch-segregationist by a black “social justice league” that at the very same time demanded separate (i.e. segregated) social space for blacks only. How did he reconcile these pleadings in his own mind, I wonder.

President Biddy Martin of Amherst pandered to students protesting against free speech, saying:


“Over the course of several days, a significant number of students have spoken eloquently and movingly about their experiences of racism and prejudice on and off campus. The depth and intensity of their pain and exhaustion are evident. That pain is real. Their expressions of loneliness and sense of invisibility are heartrending. No attempt to minimize or trivialize those feelings will be convincing to those of us who have listened. It is good that our students have seized this opportunity to speak, rather than further internalizing the isolation and lack of caring they have described.”

Bottom line: hurt feelings supposedly cancel free speech. No, that’s exactly the opposite of the meaning of the First Amendment. How can a college president fail to understand that and fail to defend the campus against that sort of Jacobin despotism? The answer is they are hostage to dogmas cooked up by race-and-identity careerists who don’t really care to make distinctions between what is true and what is not true — and that is now the official tone of higher education in America. It’s a short hop from there to not knowing the difference between what is real and what is unreal.

The phenomenon of demented lone gunmen killing strangers and innocents will morph into civil insurrection, especially as the major political parties break apart and the loosed factions set out to settle their old scores by whatever means they can. History knows that violence is infectious and that social inhibitions melt away when the conditions are ripe. Groups give themselves permission to act outside the bounds of normal behavior, and all of a sudden atrocity is the order of the day.

Both Trump and Hillary have the mojo to destroy their respective parties and I think the probability is that they will. Unfortunately, we don’t live under a parliamentary system that recognizes smaller factions as legitimate parties, so we are sure to live through an era of political disorder. What emerges from that could be a very severe polity, since it will be based on the wish to restore order at all costs.

It is likely to get the shove it needs from the implosion of the financial system, which is now running on the fumes of dwindling credit. A false capitalism reigns based on false capital — notional wealth where there is really no wealth; value where there is no value. Moments like this in history beat a path straight to currency collapse, and that will open the door to a greater collapse of all our familiar arrangements.

Surely there is some kind of massive unseen sensory organ in societies that receives the signal that systems are failing. And surely it spooks the individuals who make up those societies so badly that they will believe anything and do anything.

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Last week's Kunstler column, Boundary Problems, was a pungent rant about college, free speech, and the Black Lives Matter movement. I was too busy Thanksgiving week to post it last Monday.

Monday, September 21, 2015

Kunstler: Fed Cred Dead

The column below shows why I post Kunstler's column every week.

Kunstler: Fed Cred Dead.

T he economy is a two-headed monster. One head is the trade in real goods and real services. The other head is the financialized traffic in swindles and frauds that surrounds banking. There is some deception and overlap about which is which. For instance so-called health care might be perceived as a real service. In fact, it’s a hostage racket, designed to victimize “patients” at their weakest, with a “protection” premium that easily runs to $12,000-a-year for a married couple, even when they aren’t sick, and vulnerable. Just see what happens if you go to an emergency room with an injury that requires six stitches. Next stop: re-po land.

Most of the remaining on-the-ground economy consists of people merely driving their cars absurd distances, burning gasoline, between exquisitely-tuned giant warehouse store operations that were designed to destroy local Main Street trade — and accomplished that, by the way, to the applause of the local citizens whose towns were destroyed (“We want bargain shopping!”).

Now, of course, even WalMart is looking over its shoulder at the collapse of the complex arrangements that allowed it to metastasize across North America like some cancerous fungus. Globalism is winding down as the gargantuan matrix of Ponzi schemes based on owed money dissolves debt by debt. It isn’t long before nobody is a credit-worthy borrower, and no transaction in real goods can be risked unless cash hits the barrelhead — which turns out to be a very awkward way of doing business.

It’s especially like this these days in the so-called “emerging markets” — e.g. places in the world with large populations of willing factory slaves. The traffic in shipping-out containers full of flat screen TVs (or shipping-in the raw materials to make them) won’t work very well without letters-of-credit, which are promises between banks to make sure that the stuff on the receiving end gets paid for. That becomes difficult when national currencies drop 3.5 percent in value one day and then 4 percent another day, and so on. An eight-year-old can figure out how that math works.

My new theory of history applies well to the macro situation: people do what they do because it seems like a good idea at the time.

For instance, a few decades ago, the suburban / “consumer” arrangement of daily life seemed like a good idea. You buy cheap land twenty-seven miles outside what used to be a functioning (now obsolete) city. Build lots and lots of houses out of cheap, shitty materials such as strand-board and vinyl, pave a lot of new roads, line many of them with even shittier strip-mall buildings and Big Box “power centers,” and there you have a wonderful basis for an economy. That was more or less the Ronald Reagan Utopia.

Now it’s all aging badly, fraying, too costly to fix and, increasingly, not worth scraping off the land and replacing with a new cheap, shitty building. The younger generation doesn’t even want to live in that suburban dystopia. They run shrieking from it to Brooklyn, or even downtown Troy, New York, up the Hudson River Valley. Alas, this younger generation has also been broadly victimized by the college loan racket — reinforced by the revised bankruptcy laws that make it impossible to ever write-off this sort of debt. When will they get political about it? Their debt loads will disfigure their lives as surely as a tour of duty in Vietnam would have forty years ago. Perhaps Siri has not informed them about this.

Last week was the watershed for central banking and for the illusion that the current disposition of things has a future. The Federal Reserve blinked on its long-touted Fed funds interest rate hike and chairperson Janet Yellen was left standing naked in the hot glare of her own carbonizing credibility, a pitiful larval creature, still maundering about “the data,” and “the median growth projection,” and other previously-owned figments spun out of the great PhD wonk machine in the Eccles Building.

The Federal Reserve itself is the victim du jour of its own grandiose fatuous fecklessness, in particular the idea that it could play a national economy like a three-button flugelhorn. What seemed like a good idea at the time when Alan Greenspan and then Ben Bernanke stepped into the pilot house now just looks like the fraud of frauds: enabling corporations to borrow ever more money from the future to pretend that their balance sheets are sound. That scam is has nowhere left to go, except into the black hole that has been waiting for it. All the Fed really has left is to destroy the value of the dollar (to save it! Just like Vietnam!).

This ought to be an interesting week in the financial markets as the players have had a long, anxious weekend to absorb the death of Fed cred. And October, too. Expect dramatic re-pricing. Sometime a few months down the line, financial markets will present a “relief rally.” Don’t get suckered on that one.

Meanwhile, what remains on the other head of this two-headed economy besides driving to-and-from the Walmart? Pornography? The tattoo industry? Meth and narcotics? Prostitution? Professional sports on the flat screen? Kim and Kanye? Grand theft auto? Do you really think Donald Trump can fix this?

Monday, August 10, 2015

Kunstler: The Spectacle So Far.

Kunstler: The Spectacle So Far.

Y es, there is such a thing as “the public,” a term that derives from the ancient Latin, populous (the people), via publicus (of the people), via old French, public — pertaining generally to the mass of adults dwelling in a polity, a society under (political) governance. In the USA, government is vested as a republic, also from the Latin, res publica, meaning the public thing, the vessel that contains the public.

I present these terms to clarify how our society is cracking up. The American public, we the people, lately swoon into a morass of multi-dimensional failure: failure to control their economic lives, to regulate their appetites and their bodies, to understand what is happening to them, to fend off the propaganda and distractions that disable them, and to properly express and direct their wrath at those elements of the polity who deserve it.

True, their awful, epic failures at this moment in history are largely engineered and aggravated by those who have captured the polity and turned it into a looting and racketeering engine. The net result, though, is a self-reinforcing circle of degradation that rots the collective ethos of the public while it destroys the vessel of the republic that contains it.

Societies that act as though they are hostage to these forces of degradation are able to pretend that they are helpless in the face of them; that the public bears no responsibility for its own choices or for the disintegration of the polity they live under. Hence, the current condition of the American public and its disgraceful government.


It’s not difficult to understand how Donald Trump becomes the instrument for the public’s wrath. Whatever his checkered career in land development amounts to, he is at least a freely-functioning and unfettered actor in the political arena. The public enjoys most of all his assertion of independence from the tremendous engine of grift that the republic has become. His arrant contempt for his rivals, and for the disgusting political process erected for the election contest, also thrills a big wad of the public. So far, his actual ideas for governing lack coherence, except for the rather general notion that uncontrolled immigration, and all the mendacious fakery associated with it, is a bad thing for the republic. Beyond that he offers only blustering claims that he is “very smart,” an “artist of deal-making,” a “patriot.”

Almost nothing so far can knock him down or take him out. Fox News tried in last week’s “debate” — which was not a debate at all, really, but a half-assed interrogation — by trying to set the female half of the public against him for his nasty remarks about women over the years. Of course, the dirty secret of both politics and the media is that the common backstage chatter among pols and TV news producers is every bit as vulgar and hateful as anything Trump said. In case you haven’t noticed, all of America has turned into a verbal sewer, especially the virtual public realm of television. I don’t remember anyone complaining about the comportment of the characters in Tony Soprano’s Badda-Bing Lounge. In fact, awards were heaped on the depiction of that behavior. That’s who we are now.

The rise and persistence of Trump raises a more pertinent question: why are all the other candidates such obvious shills for the implacable engine of grift that is destroying the Republic? Why has nobody with the possible exception of Bernie Sanders, called bullshit on the basic operations of the machine? Why have no other persons of real stature stepped forward to challenge the suicidal dynamic of the age?

There are many cycles in history, politics, and economics. One in particular afflicts the American public today: we’re at a cycle low for comprehending what is happening to us. Sometimes societies know very well what is going on and communicate it superbly. Such was the case in the late 1700s when American leaders filed divorce from Great Britain. Can you imagine any of the clowns onstage for the Fox News “debate” playing a role in writing the Federalist Papers? Obviously, the public and its putative representatives today don’t have a clue what is happening. And then, necessarily, they don’t have a clue what to do about it.

The foregoing assumes that they are honorable persons, though, which may not be the case. This is the chief gripe against Hillary Clinton, of course: that she is an unprincipled monster of ambition and little more. That would be my take on her, for instance. Among the Republicans (as in party) only Rand Paul stands out as not appearing to be some kind of puppet shilling for the grift machine. After all, the party is the very embodiment of that machine. And by trying to play nicely in its arena, Rand Paul may lack the fortitude to attack it.

I’m with those who think that the 2016 election campaign is going to be a wild spectacle beyond the current imaginings of news media. I’m serenely convinced that, among other things, the banking system is going to implode so hard and fast well before the nominating conventions that the nation will be in a state of near chaos. What’s out there now is just a tired dumb-show replaying the shopworn themes of an era that is about to slam to a close.