Kunstler: Moby Trump.
He breached out of the horse latitudes in the Great Sea of Politics last spring and destroyed all the lesser whales with his mighty flukes, but now the Democratic Pequod, with its diverse and inclusive crew has vowed to chase him to the ends of the earth until he spouts black blood and rolls dead out. It’s Moby Trump! Skin your eyes for him men (and women, and intersectional non-binary zhes, theys, and hirs)! Do ye see a Bitcoin nailed to yonder mast? It goes to ye who raises me that whale of white privilege!
Who is Ahab in this story? Why The New York Times, of course. Such is the vastness of its pious obsession with the cosmic malignity of Moby Trump, who chomped off Ahab’s limb — fondly known as Hillary — the last time the Pequod set sail. With Jim Comey as Starbuck, the ever-upright Quaker mate, cool, aloof, marinated in rectitude, yet deadly with his lance.
And so the great American tragedy plays out on C-Span.
Remember, though, that in the original tale penned by the loser (never made a buck) Herman Melville, the white whale sank the Pequod in a final, desperate, whorl of vengeance, while Ahab drowned entwined in his own harpoon lines, pinned upon the very hump of his inscrutable quarry. And I alone am left to tell thee….
More here.
Showing posts with label Hillary Clinton. Show all posts
Showing posts with label Hillary Clinton. Show all posts
Friday, June 09, 2017
Friday, March 24, 2017
Kunstler: The Swamp Drains Trump
Kunstler: The Swamp Drains Trump.
The Washington political scene is looking less like The Apprentice and more and more like the old Marlon Perkins Wild Kingdom show, with giant crocodiles slithering down the muddy banks to encircle Donald Trump paddling fecklessly in his leaky dugout while a chorus of angry birds shrieks in the surrounding treetops. Yes, it really looks that bad all of a sudden for Ole Number 45, the Golden Golem.
RussiaGate is flaring to a toxic shock level event. Everything that spun out of Monday’s House Intelligence Committee hearing made all parties look bad. The spooks are everywhere and nowhere. The spooks are leaking to the press. The president is tweeting instead of governing. The two parties are literally at war in congress, and the news media is playing it all like a Stockhausen cantata for kazoo and trashcan lid.
One can’t help marveling at the way the “Russian interference” motif has shifted the spotlight off the substance of what Wikileaks revealed about Clinton Foundation and DNC misdeeds onto Trump campaign officials “colluding” with Russians, supposedly to support their interference in the election. It’s true that the election is way over and the public is no longer concerned with Hillary or her foundation (which is closing shop anyway). But the switcheroo is impressive, and quite confusing, considering recently retired NSA James Clapper just two weeks ago said on NBC’s Meet the Press that there was “no evidence” of collusion Between Trump and Russia. Okay… uh, say what?
On Monday, FBI Director James Comey revealed that his agency had been investigating the Trump Campaign since at least last August. Is that so…? Investigating how? Some sort of electronic surveillance? Well, what else would they do nowadays? Send a gumshoe to a hotel room where he could press his ear on a drinking glass against the wall to eavesdrop on Paul Manafort? I don’t think so. Of course they were sifting through emails, phone calls, and every other sort of electronic communication.
Trump’s big blunder was to tweet that he’d been “wiretapped.” Like the FBI patched into a bunch of cables with alligator clips in the basement of Trump Tower … or planted a “bug” in the earpiece of his bedside phone. How quaint. We also don’t have ice boxes anymore, though plenty of struggling weight-watchers across the land speak guiltily of “raiding the icebox.” But if it’s true, as Mr. Comey said, that the FBI had been investigating Trump’s campaign, the people around him, and Trump himself, since August, how could they not have captured some of Trump’s conversations?
Anyway, the action on Monday shifted to the question of how General Michael Flynn was “unmasked” after the CIA recorded a phone conversation between him and the Russian ambassador. (The CIA is expressly forbidden from spying on US citizens, and anything overheard incidentally when bugging foreigners is supposed to remain suppressed or “masked.”) Somebody at the CIA just handed the info straight to The New York Times, The WashPo, and CNN. That story broke in back in January. How come the CIA has not rooted out the culprit and handed him/her/zhe over to the Department of Justice?
For the record, apart from the General Flynn matter, I have no idea what connections Trump & Co. may have had with Russia before, during, or after the election. But nobody has yet demonstrated that the allegations about Hillary, her email, her foundation, the DNCs treatment of Senator Sanders, or the John Podesta letters were anything but truthful, either, and that was why Hillary lost the election.
It is also worth considering that candidates for high office in all advanced nations have relationships with people in other countries. It’s not against the law per se to speak to people in Portugal, Singapore, Germany, Argentina, and a hundred other places, including, yes, Russia — which, by the way, is no longer a communist imperium bent on world domination, though Senator Chuck Schumer would like you to think so.
Then, on Wednesday, House Intelligence Committee chair Devin Nunes (R-Cal) told the news media that an “unnamed source” in the Intel community informed him that Trump had indeed been surveilled during the transition period following the election. Was he just blowing smoke up America’s ass? I guess we’ll have to stand by on that one.
So, the long and the short of it is that the RussiaGate story is spinning out of control, and Trump’s adversaries — who go well beyond Congress into the Deep State — might be getting enough leverage to dump Trump. Either they will maneuver him and his people into some kind of perjury rap, or they will tie up the government in such a web of investigative procedural rigmarole that all the country lawyers who ever snapped their galluses will never be able to unravel it.
While the nation remains entertained by all this, the Potemkin financial system will wobble, crash, and burn and the humiliation of Donald Trump will be complete. Abandoned by the Republican Party, isolated and crazed in the White House, tweeting out mad appeals to heaven, he’ll either voluntarily pass the baton to Mike Pence or he will be declared unfit to serve and removed under the 25th amendment.
The after-effects of that will be something to behold: a “lose-lose” for both old-line political parties. The Trumpists will never forgive the Republican Party, and the Democrats will have gained nothing. Don’t let the door bang you on the butt on your way out.
---------------
If I've heard of Stockhausen, I wasn't familiar with his music. So, here. --P.Z.
The Washington political scene is looking less like The Apprentice and more and more like the old Marlon Perkins Wild Kingdom show, with giant crocodiles slithering down the muddy banks to encircle Donald Trump paddling fecklessly in his leaky dugout while a chorus of angry birds shrieks in the surrounding treetops. Yes, it really looks that bad all of a sudden for Ole Number 45, the Golden Golem.
RussiaGate is flaring to a toxic shock level event. Everything that spun out of Monday’s House Intelligence Committee hearing made all parties look bad. The spooks are everywhere and nowhere. The spooks are leaking to the press. The president is tweeting instead of governing. The two parties are literally at war in congress, and the news media is playing it all like a Stockhausen cantata for kazoo and trashcan lid.
One can’t help marveling at the way the “Russian interference” motif has shifted the spotlight off the substance of what Wikileaks revealed about Clinton Foundation and DNC misdeeds onto Trump campaign officials “colluding” with Russians, supposedly to support their interference in the election. It’s true that the election is way over and the public is no longer concerned with Hillary or her foundation (which is closing shop anyway). But the switcheroo is impressive, and quite confusing, considering recently retired NSA James Clapper just two weeks ago said on NBC’s Meet the Press that there was “no evidence” of collusion Between Trump and Russia. Okay… uh, say what?
On Monday, FBI Director James Comey revealed that his agency had been investigating the Trump Campaign since at least last August. Is that so…? Investigating how? Some sort of electronic surveillance? Well, what else would they do nowadays? Send a gumshoe to a hotel room where he could press his ear on a drinking glass against the wall to eavesdrop on Paul Manafort? I don’t think so. Of course they were sifting through emails, phone calls, and every other sort of electronic communication.
Trump’s big blunder was to tweet that he’d been “wiretapped.” Like the FBI patched into a bunch of cables with alligator clips in the basement of Trump Tower … or planted a “bug” in the earpiece of his bedside phone. How quaint. We also don’t have ice boxes anymore, though plenty of struggling weight-watchers across the land speak guiltily of “raiding the icebox.” But if it’s true, as Mr. Comey said, that the FBI had been investigating Trump’s campaign, the people around him, and Trump himself, since August, how could they not have captured some of Trump’s conversations?
Anyway, the action on Monday shifted to the question of how General Michael Flynn was “unmasked” after the CIA recorded a phone conversation between him and the Russian ambassador. (The CIA is expressly forbidden from spying on US citizens, and anything overheard incidentally when bugging foreigners is supposed to remain suppressed or “masked.”) Somebody at the CIA just handed the info straight to The New York Times, The WashPo, and CNN. That story broke in back in January. How come the CIA has not rooted out the culprit and handed him/her/zhe over to the Department of Justice?
For the record, apart from the General Flynn matter, I have no idea what connections Trump & Co. may have had with Russia before, during, or after the election. But nobody has yet demonstrated that the allegations about Hillary, her email, her foundation, the DNCs treatment of Senator Sanders, or the John Podesta letters were anything but truthful, either, and that was why Hillary lost the election.
It is also worth considering that candidates for high office in all advanced nations have relationships with people in other countries. It’s not against the law per se to speak to people in Portugal, Singapore, Germany, Argentina, and a hundred other places, including, yes, Russia — which, by the way, is no longer a communist imperium bent on world domination, though Senator Chuck Schumer would like you to think so.
Then, on Wednesday, House Intelligence Committee chair Devin Nunes (R-Cal) told the news media that an “unnamed source” in the Intel community informed him that Trump had indeed been surveilled during the transition period following the election. Was he just blowing smoke up America’s ass? I guess we’ll have to stand by on that one.
So, the long and the short of it is that the RussiaGate story is spinning out of control, and Trump’s adversaries — who go well beyond Congress into the Deep State — might be getting enough leverage to dump Trump. Either they will maneuver him and his people into some kind of perjury rap, or they will tie up the government in such a web of investigative procedural rigmarole that all the country lawyers who ever snapped their galluses will never be able to unravel it.
While the nation remains entertained by all this, the Potemkin financial system will wobble, crash, and burn and the humiliation of Donald Trump will be complete. Abandoned by the Republican Party, isolated and crazed in the White House, tweeting out mad appeals to heaven, he’ll either voluntarily pass the baton to Mike Pence or he will be declared unfit to serve and removed under the 25th amendment.
The after-effects of that will be something to behold: a “lose-lose” for both old-line political parties. The Trumpists will never forgive the Republican Party, and the Democrats will have gained nothing. Don’t let the door bang you on the butt on your way out.
---------------
If I've heard of Stockhausen, I wasn't familiar with his music. So, here. --P.Z.
Monday, February 27, 2017
Kunstler: A Hole in the Head.
Kunstler: A Hole in the Head.
We need a new civil war like we need a hole in the head. But that’s just it: America has a hole in its head. It’s the place formerly known as The Center. It didn’t hold. It was the place where people of differing views could rely on each other to behave reasonably around a touchstone called the National Interest. That abandoned place is now cordoned off, a Chernobyl of the mind, where figures on each side of the political margin fear to even sojourn, let alone occupy, lest they go radioactive.
Anyway, the old parties at each side of the political transect, are melting down in equivalent fugues of delusion, rage, and impotence — as predicted here through the election year of 2016. They can’t make anything good happen in the National Interest. They can’t control the runaway rackets that they engineered in legislation, policy, and practice under the dominion of each party, by turns, going back to Lyndon B. Johnson, and so they have driven themselves and each other insane.
Trump and Hillary perfectly embodied the climactic stage of each party before their final mutual sprint to collapse. Both had more than a tinge of the psychopath. Trump is the bluff that the Republicans called on themselves, having jettisoned anything identifiable as coherent principles translatable to useful action. Hillary was an American Lady Macbeth attempting to pull off the ultimate inside job by any means necessary, her wickedness so plain to see that even the voters picked up on it. These two are the old parties’ revenge on each other, and on themselves, for decades of bad choices and bad faith.
The anti-intellectual Trump is, for the Right, the answer to the Intellectual-Yet-Idiots (IYIs) that Nassim Taleb has so ably identified as infesting the Left. It is a good guess that President Trump has not read a book since high school, and perhaps never in his entire life. But are you not amazed at how the IYIs of the Left have savaged the life-of-the-mind on campus, and out in the other precincts of culture where free inquiry once flourished? From the craven college presidents who pretend that race-segregated “safe spaces” represent “inclusiveness,” to The New York Times editors who pretend in headlines that illegal immigrants have done nothing illegal, the mendacity is awesome.
Something like this has happened before in US history and it may be cyclical. The former Princeton University professor and President, Woodrow Wilson, dragged America into the First World War, which killed over 53,000 Americans (as many as Vietnam) in only eighteen months. He promulgated the Red Scare, a bit of hysteria not unlike the Race and Gender Phobia Accusation Fest on the Left today. Professor Wilson was also responsible for creating the Federal Reserve and all the mischief it has entailed, especially the loss of over 90 percent of the dollar’s value since 1913. Wilson, the perfect IYI of that day.
The reaction to Wilson was Warren Gamaliel Harding, the hard-drinking, card-playing Ohio Main Street boob picked in the notorious “smoke-filled room” of the 1920 GOP convention. He invoked a return to “normalcy,” which was not even a word (try normality), and was laughed at as we now laugh at Trump for his idiotic utterances such as “win bigly” (or is that big league?). Harding is also known for confessing in a letter: “I am not fit for this office and should never have been here.” Yet, in his brief term (died in office, 1923), Harding navigated the country successfully through a fierce post-World War One depression simply by not resorting to government intervention.
Something like the same dynamic returned in 1952 when General Eisenhower took over from Harry Truman and the defeated Democratic nominee Adlai Stevenson quipped, “The New Dealers have been replaced by the car dealers.” Ha! If he only knew! After all, who was on board as Ike’s Veep? None other than Tricky Dick Nixon, soon to be cast as America’s quintessential used car salesman.
Well, those were the days, and those days are over. So much has gone wrong here in the past thirty years and the game of salugi being played by the Dems and the GOP is not helping any of it. And that is why the two parties are heading toward extinction. We’re in the phase of intra-party factional conflict for now. Each party has its own preliminary civil war going on. The election of Obama era Labor Secretary and party hack, Tom Perez, as DNC chair yesterday has set the Bernie Sanders Prog troops into paroxysms of animadversion. They’re calling out all up-and-down the Twitterverse for a new party of their own. Trump faces his own mutineers on the Right, and not just the two cheerleaders for World War Three, John McCain and Lindsey Graham. Coming out of the Conservative CPAC meeting last week, just about his whole agenda was written off as (cough cough) politically impractical by the poobahs in attendance: reform-and-replacement of the Affordable Care Act, tax reform, the promised massive infrastructure-building stimulus orgy, the border wall, the trade blockages.
Anon, comes the expiration of the current debt ceiling, at around $20 trillion, in mid-March. Do you imagine that the two parties warring with each other in congress will be able to come to some resolution over that? Fuggeddabowdit. The Democrats have every incentive to let President Trump stew in this fatal brine like a Delancey Street corned beef. What it means, of course, is that the US Treasury runs out of ready cash in mid-summer and some invoices just don’t get paid, maybe even some bigly ones like social security checks and Medicare bills. Won’t that be a spectacle? That’s where Trump becomes a political quadriplegic and the voters start jumping off the dying parties like fleas off of two dead dogs.
By then, plenty of other mischief will be afoot in the world, including the fractious outcome of elections in France and the Netherlands, with the European Union spinning into its own event horizon, and currency instability like the world has never seen before. Enjoy the remaining weeks of normality.
We need a new civil war like we need a hole in the head. But that’s just it: America has a hole in its head. It’s the place formerly known as The Center. It didn’t hold. It was the place where people of differing views could rely on each other to behave reasonably around a touchstone called the National Interest. That abandoned place is now cordoned off, a Chernobyl of the mind, where figures on each side of the political margin fear to even sojourn, let alone occupy, lest they go radioactive.
Anyway, the old parties at each side of the political transect, are melting down in equivalent fugues of delusion, rage, and impotence — as predicted here through the election year of 2016. They can’t make anything good happen in the National Interest. They can’t control the runaway rackets that they engineered in legislation, policy, and practice under the dominion of each party, by turns, going back to Lyndon B. Johnson, and so they have driven themselves and each other insane.
Trump and Hillary perfectly embodied the climactic stage of each party before their final mutual sprint to collapse. Both had more than a tinge of the psychopath. Trump is the bluff that the Republicans called on themselves, having jettisoned anything identifiable as coherent principles translatable to useful action. Hillary was an American Lady Macbeth attempting to pull off the ultimate inside job by any means necessary, her wickedness so plain to see that even the voters picked up on it. These two are the old parties’ revenge on each other, and on themselves, for decades of bad choices and bad faith.
The anti-intellectual Trump is, for the Right, the answer to the Intellectual-Yet-Idiots (IYIs) that Nassim Taleb has so ably identified as infesting the Left. It is a good guess that President Trump has not read a book since high school, and perhaps never in his entire life. But are you not amazed at how the IYIs of the Left have savaged the life-of-the-mind on campus, and out in the other precincts of culture where free inquiry once flourished? From the craven college presidents who pretend that race-segregated “safe spaces” represent “inclusiveness,” to The New York Times editors who pretend in headlines that illegal immigrants have done nothing illegal, the mendacity is awesome.
Something like this has happened before in US history and it may be cyclical. The former Princeton University professor and President, Woodrow Wilson, dragged America into the First World War, which killed over 53,000 Americans (as many as Vietnam) in only eighteen months. He promulgated the Red Scare, a bit of hysteria not unlike the Race and Gender Phobia Accusation Fest on the Left today. Professor Wilson was also responsible for creating the Federal Reserve and all the mischief it has entailed, especially the loss of over 90 percent of the dollar’s value since 1913. Wilson, the perfect IYI of that day.
The reaction to Wilson was Warren Gamaliel Harding, the hard-drinking, card-playing Ohio Main Street boob picked in the notorious “smoke-filled room” of the 1920 GOP convention. He invoked a return to “normalcy,” which was not even a word (try normality), and was laughed at as we now laugh at Trump for his idiotic utterances such as “win bigly” (or is that big league?). Harding is also known for confessing in a letter: “I am not fit for this office and should never have been here.” Yet, in his brief term (died in office, 1923), Harding navigated the country successfully through a fierce post-World War One depression simply by not resorting to government intervention.
Something like the same dynamic returned in 1952 when General Eisenhower took over from Harry Truman and the defeated Democratic nominee Adlai Stevenson quipped, “The New Dealers have been replaced by the car dealers.” Ha! If he only knew! After all, who was on board as Ike’s Veep? None other than Tricky Dick Nixon, soon to be cast as America’s quintessential used car salesman.
Well, those were the days, and those days are over. So much has gone wrong here in the past thirty years and the game of salugi being played by the Dems and the GOP is not helping any of it. And that is why the two parties are heading toward extinction. We’re in the phase of intra-party factional conflict for now. Each party has its own preliminary civil war going on. The election of Obama era Labor Secretary and party hack, Tom Perez, as DNC chair yesterday has set the Bernie Sanders Prog troops into paroxysms of animadversion. They’re calling out all up-and-down the Twitterverse for a new party of their own. Trump faces his own mutineers on the Right, and not just the two cheerleaders for World War Three, John McCain and Lindsey Graham. Coming out of the Conservative CPAC meeting last week, just about his whole agenda was written off as (cough cough) politically impractical by the poobahs in attendance: reform-and-replacement of the Affordable Care Act, tax reform, the promised massive infrastructure-building stimulus orgy, the border wall, the trade blockages.
Anon, comes the expiration of the current debt ceiling, at around $20 trillion, in mid-March. Do you imagine that the two parties warring with each other in congress will be able to come to some resolution over that? Fuggeddabowdit. The Democrats have every incentive to let President Trump stew in this fatal brine like a Delancey Street corned beef. What it means, of course, is that the US Treasury runs out of ready cash in mid-summer and some invoices just don’t get paid, maybe even some bigly ones like social security checks and Medicare bills. Won’t that be a spectacle? That’s where Trump becomes a political quadriplegic and the voters start jumping off the dying parties like fleas off of two dead dogs.
By then, plenty of other mischief will be afoot in the world, including the fractious outcome of elections in France and the Netherlands, with the European Union spinning into its own event horizon, and currency instability like the world has never seen before. Enjoy the remaining weeks of normality.
Monday, December 19, 2016
Kunstler: The Deep State Blues.
Kunstler: The Deep State Blues. (Alternate site at Patreon here.)
Lest you wonder, not only did I not vote for Mr. Trump (or Hillary), but I relished heaping opprobrium on him during the election campaign. Just so you know, I’m not advocating for him, but I’m alarmed that the Deep State (the White House + the Intel Agency gang) now appears to be trying to hack the electoral college vote against him.
The headline deployed everywhere last week, “Russia Hacks Election,” was designed by the Deep State players to deviously lead the broadly dim public to think that Russia somehow interfered with the balloting process, which was not possible since voting machines are not hooked up to the internet. And then it was repeated endlessly by the cable news networks and the newspapers, under the number one rule of propaganda: that if you repeat something often enough, the public will swallow it.
This dishonest meme was also designed to distract the public from the substance of the emails disclosed by WikiLeaks — namely, the scamming and trickery of the Democratic National Committee (DNC), and the influence-peddling of Hillary Clinton and the Clinton Foundation, which had her flirting with indictment last summer, and only reinforced her already-established public image as an unscrupulous person.
The New York Times especially worked the “Russia Hacks Election” story to a fare-the-well, saying in its Sunday edition:
The Central Intelligence Agency has concluded that Moscow put its thumb on the scale for Mr. Trump through the release of hacked Democratic emails, which provided fodder for many of the most pernicious false attacks on Mrs. Clinton on social media.
False attacks? What, that Hillary’s cronies put the DNC’s “thumb on the scale” against Bernie Sanders? That Donna Brazille gave Hillary debate questions beforehand? That as Secretary of State Hillary gave more face-time to foreign supplicants based on their contributions to the Clinton Foundation, and expedited arms deals for especially big givers? That she collected millions in speaking fees for sucking up to Too-Big-To-Fail bankers? That The Times and The WashPo and CNN reporters were taking direction from Hillary’s PR operatives?
Consider, too, how the Deep State “Russia Hacks Election” meme was ramped up to top volume coincidentally the week before the electoral college vote, as a last-ditch effort was launched by the old-line media, the diehard Hillary partisans, and a bunch of Hollywood celebrities, to persuade electoral college delegates to switch their votes to deprive Trump of his election victory.
President Obama did his bit to amplify the message by coloring Russian President Vladimir Putin as being behind the so-called hacking because “not much happens in Russia without, you know, Vladimir Putin,” just like not much happened in old Puritan New England without the involvement of Old Scratch. So now we have an up-to-date Devil figure to stir the paranoid imaginations of an already divided and perturbed public.
Hillary and her supporters have vehemently asserted that “seventeen intelligence agencies” agree with the assessment that Russia hacked the election. It might be greater news to the American people to hear that there actually are seventeen such agencies out there. Perhaps Mrs. Clinton or Mr. Obama might explain exactly what they are beyond the CIA, the FBI, the DIA, the NSA, and DHS. Personally, I feel less secure knowing that there are so many additional surveillance services sifting through everybody’s digital debris trail.
There’s been some chagrin among more prudent observers that neither the various Intel gang chiefs, including James Clapper, overall Director of National Intelligence, nor the White House have provided a shred of evidence that WikiLeaks got the Hillary emails from the Russians. One might even suppose that we discovered the hack by hacking the Russians, perhaps even Mr. Putin’s personal iPhone — but, wait a minute… we don’t intrude on other nations’ business. We don’t use the internet to spy (!) on anybody.
It will be interesting to see how Mr. Trump gets along with the Intel gang when (and if) he actually makes it into the oval office. It’s nice to think that he will fire a bunch of them, and then fire a bunch more, and maybe take a good hard look at these seventeen security and surveillance agencies and maybe shut a few of them down. In the meantime, their activity begins to look like the attempted coup d’état I warned about a few months ago.
Forgive me for changing the subject so briskly, but there was another front page piece in The New York Times on Sunday that kind of said it all about where that Old Gray Lady’s collective head is at these days. Behold this quote from the story What Women Really Think of Men:
Lest you wonder, not only did I not vote for Mr. Trump (or Hillary), but I relished heaping opprobrium on him during the election campaign. Just so you know, I’m not advocating for him, but I’m alarmed that the Deep State (the White House + the Intel Agency gang) now appears to be trying to hack the electoral college vote against him.
The headline deployed everywhere last week, “Russia Hacks Election,” was designed by the Deep State players to deviously lead the broadly dim public to think that Russia somehow interfered with the balloting process, which was not possible since voting machines are not hooked up to the internet. And then it was repeated endlessly by the cable news networks and the newspapers, under the number one rule of propaganda: that if you repeat something often enough, the public will swallow it.
This dishonest meme was also designed to distract the public from the substance of the emails disclosed by WikiLeaks — namely, the scamming and trickery of the Democratic National Committee (DNC), and the influence-peddling of Hillary Clinton and the Clinton Foundation, which had her flirting with indictment last summer, and only reinforced her already-established public image as an unscrupulous person.
The New York Times especially worked the “Russia Hacks Election” story to a fare-the-well, saying in its Sunday edition:
The Central Intelligence Agency has concluded that Moscow put its thumb on the scale for Mr. Trump through the release of hacked Democratic emails, which provided fodder for many of the most pernicious false attacks on Mrs. Clinton on social media.
False attacks? What, that Hillary’s cronies put the DNC’s “thumb on the scale” against Bernie Sanders? That Donna Brazille gave Hillary debate questions beforehand? That as Secretary of State Hillary gave more face-time to foreign supplicants based on their contributions to the Clinton Foundation, and expedited arms deals for especially big givers? That she collected millions in speaking fees for sucking up to Too-Big-To-Fail bankers? That The Times and The WashPo and CNN reporters were taking direction from Hillary’s PR operatives?
Consider, too, how the Deep State “Russia Hacks Election” meme was ramped up to top volume coincidentally the week before the electoral college vote, as a last-ditch effort was launched by the old-line media, the diehard Hillary partisans, and a bunch of Hollywood celebrities, to persuade electoral college delegates to switch their votes to deprive Trump of his election victory.
President Obama did his bit to amplify the message by coloring Russian President Vladimir Putin as being behind the so-called hacking because “not much happens in Russia without, you know, Vladimir Putin,” just like not much happened in old Puritan New England without the involvement of Old Scratch. So now we have an up-to-date Devil figure to stir the paranoid imaginations of an already divided and perturbed public.
Hillary and her supporters have vehemently asserted that “seventeen intelligence agencies” agree with the assessment that Russia hacked the election. It might be greater news to the American people to hear that there actually are seventeen such agencies out there. Perhaps Mrs. Clinton or Mr. Obama might explain exactly what they are beyond the CIA, the FBI, the DIA, the NSA, and DHS. Personally, I feel less secure knowing that there are so many additional surveillance services sifting through everybody’s digital debris trail.
There’s been some chagrin among more prudent observers that neither the various Intel gang chiefs, including James Clapper, overall Director of National Intelligence, nor the White House have provided a shred of evidence that WikiLeaks got the Hillary emails from the Russians. One might even suppose that we discovered the hack by hacking the Russians, perhaps even Mr. Putin’s personal iPhone — but, wait a minute… we don’t intrude on other nations’ business. We don’t use the internet to spy (!) on anybody.
It will be interesting to see how Mr. Trump gets along with the Intel gang when (and if) he actually makes it into the oval office. It’s nice to think that he will fire a bunch of them, and then fire a bunch more, and maybe take a good hard look at these seventeen security and surveillance agencies and maybe shut a few of them down. In the meantime, their activity begins to look like the attempted coup d’état I warned about a few months ago.
Forgive me for changing the subject so briskly, but there was another front page piece in The New York Times on Sunday that kind of said it all about where that Old Gray Lady’s collective head is at these days. Behold this quote from the story What Women Really Think of Men:
As the country prepares to revert to white male rule, our common condition for all but eight of the last 240 years, we should think harder about why we assume so little of men, including ones we may be married to. Too many men don’t prove those expectations wrong, and are rewarded anyway with prizes like the presidency.
Monday, December 05, 2016
Kunstler: The Deepening Deep State.
Kunstler: The Deepening Deep State.
One amusing angle on the news media broadside about Russia “hacking” the US election is the failure to mention — or even imagine! — that the US incessantly and continually runs propaganda psy-ops against every other country in the world. And I’m not even including the venerable, old, out-in-the-open propaganda organs like Voice of America and Radio Free Europe (reminder: the Iron Curtain came down a quarter century ago). Do you suppose that nobody at Langley, or the Pentagon, or the NSA’s sprawling 1.5 million square foot Utah Data Center is laboring night and day to sow confusion among other societies to push our various agendas?
The main offensive started with The Washington Post’s publication on Nov 26 of “The List,” a story calling out dozens of blogs and web news-sites as purveyors of “fake news” fronting for Russian disinformation forces. The list included Zero Hedge, Naked Capitalism, and David Stockman’s blog. There were several whack-job sites mixed in the list for seasoning — The Daily Stormer (Nazis), Endtime.com (Evangelical apocalyptic), GalacticConnection (UFO shit). The rest range between tabloid-silly and genuine, valuable news commentary. What else would you expect in a society with an Internet AND a completely incoherent consensus about reality?
Pretty obviously, the struggle between mainstream news and Web news climaxed over the election, with the mainstream overwhelmingly pimping for Hillary, and then having a nervous breakdown when she lost. Desperate to explain the loss, the two leading old-line newspapers, The New York Times and The Washington Post, ran with the Russia-Hacks-Election story — because only Satanic intervention could explain the fall of Ms. It’s-My-Turn / I’m-With-Her. Thus, the story went, Russia hacked the Democratic National Committee (DNC), gave the hacked emails to Wikileaks, and sabotaged not only Hillary herself but the livelihoods of every myrmidon in the American Deep State termite mound, an unforgivable act.
Also interestingly, these newspapers and their handmaidens on TV, were far less concerned as to whether the leaked information was true or not — e.g. the Clinton Foundation donors’ influence-peddling around arms deals made in the State Department; the DNC’s campaign to undermine Bernie Sanders in the primaries; DNC temporary chair (and CNN employee) Donna Brazille conveying debate questions to HRC; the content of HRC’s quarter-million-dollar speeches to Wall Street banks. All of that turned out to be true, of course.
Then, a few weeks after the election, the US House of Representatives passed H.R. 6393, the Intelligence Authorization Act for Fiscal Year 2017. Blogger Ronald Thomas West reports:
The measure has not been passed by the Senate or signed into law yet, and the holiday recess may prevent that. But it is easy to see how it would empower the Deep State to shut down whichever websites they happened to not like. My reference to the Deep State might even imply to some readers that I’m infected by the paranoia virus. But I’m simply talking about the massive “security” and surveillance matrix that has unquestionably expanded since the 9/11 airplane attacks, creating a gigantic NSA superstructure above and beyond the Central Intelligence Agency, the Department of Defense’s DIA, and the hoary old FBI.
A little paranoia about the growing fascist behavior of the US government is a useful corrective to trends that citizens ought to be concerned about — for instance, the militarization of police; the outrageous “civil forfeiture” scam that allows police to steal citizens cash and property without any due process of law; the preferential application of law as seen in the handling of the Clinton Foundation activities and the misconduct of banking executives; the attempt to impose a “cashless society” that would herd all citizens into a financial surveillance hub and eliminate their economic liberty.
These matters are especially crucial as the nation stumbles into the next financial crisis and the Deep State becomes desperate to harvest every nickel it can to rescue itself plus the cast of “systemically important” (Too-Big-To-Fail) banks and related institutions like Fannie Mae and Freddie Mac, which are about to once again be left holding colossal bags of worthless non-performing mortgages, not to mention the pension funds and insurance companies that will also founder in the Great Unwind that is likely to commence as Trump hangs his golden logo over the White House portico.
One amusing angle on the news media broadside about Russia “hacking” the US election is the failure to mention — or even imagine! — that the US incessantly and continually runs propaganda psy-ops against every other country in the world. And I’m not even including the venerable, old, out-in-the-open propaganda organs like Voice of America and Radio Free Europe (reminder: the Iron Curtain came down a quarter century ago). Do you suppose that nobody at Langley, or the Pentagon, or the NSA’s sprawling 1.5 million square foot Utah Data Center is laboring night and day to sow confusion among other societies to push our various agendas?
The main offensive started with The Washington Post’s publication on Nov 26 of “The List,” a story calling out dozens of blogs and web news-sites as purveyors of “fake news” fronting for Russian disinformation forces. The list included Zero Hedge, Naked Capitalism, and David Stockman’s blog. There were several whack-job sites mixed in the list for seasoning — The Daily Stormer (Nazis), Endtime.com (Evangelical apocalyptic), GalacticConnection (UFO shit). The rest range between tabloid-silly and genuine, valuable news commentary. What else would you expect in a society with an Internet AND a completely incoherent consensus about reality?
Pretty obviously, the struggle between mainstream news and Web news climaxed over the election, with the mainstream overwhelmingly pimping for Hillary, and then having a nervous breakdown when she lost. Desperate to explain the loss, the two leading old-line newspapers, The New York Times and The Washington Post, ran with the Russia-Hacks-Election story — because only Satanic intervention could explain the fall of Ms. It’s-My-Turn / I’m-With-Her. Thus, the story went, Russia hacked the Democratic National Committee (DNC), gave the hacked emails to Wikileaks, and sabotaged not only Hillary herself but the livelihoods of every myrmidon in the American Deep State termite mound, an unforgivable act.
Also interestingly, these newspapers and their handmaidens on TV, were far less concerned as to whether the leaked information was true or not — e.g. the Clinton Foundation donors’ influence-peddling around arms deals made in the State Department; the DNC’s campaign to undermine Bernie Sanders in the primaries; DNC temporary chair (and CNN employee) Donna Brazille conveying debate questions to HRC; the content of HRC’s quarter-million-dollar speeches to Wall Street banks. All of that turned out to be true, of course.
Then, a few weeks after the election, the US House of Representatives passed H.R. 6393, the Intelligence Authorization Act for Fiscal Year 2017. Blogger Ronald Thomas West reports:
Section 501 calls for the government to “counter active measures by Russia to exert covert influence … carried out in coordination with, or at the behest of, political leaders or the security services of the Russian Federation and the role of the Russian Federation has been hidden or not acknowledged publicly.”
The measure has not been passed by the Senate or signed into law yet, and the holiday recess may prevent that. But it is easy to see how it would empower the Deep State to shut down whichever websites they happened to not like. My reference to the Deep State might even imply to some readers that I’m infected by the paranoia virus. But I’m simply talking about the massive “security” and surveillance matrix that has unquestionably expanded since the 9/11 airplane attacks, creating a gigantic NSA superstructure above and beyond the Central Intelligence Agency, the Department of Defense’s DIA, and the hoary old FBI.
A little paranoia about the growing fascist behavior of the US government is a useful corrective to trends that citizens ought to be concerned about — for instance, the militarization of police; the outrageous “civil forfeiture” scam that allows police to steal citizens cash and property without any due process of law; the preferential application of law as seen in the handling of the Clinton Foundation activities and the misconduct of banking executives; the attempt to impose a “cashless society” that would herd all citizens into a financial surveillance hub and eliminate their economic liberty.
These matters are especially crucial as the nation stumbles into the next financial crisis and the Deep State becomes desperate to harvest every nickel it can to rescue itself plus the cast of “systemically important” (Too-Big-To-Fail) banks and related institutions like Fannie Mae and Freddie Mac, which are about to once again be left holding colossal bags of worthless non-performing mortgages, not to mention the pension funds and insurance companies that will also founder in the Great Unwind that is likely to commence as Trump hangs his golden logo over the White House portico.
Monday, November 28, 2016
Kunstler: The Rediscovery of Men.
Not one of Kunstler's finest. But he's right that Trump is a certain kind of man.
Kunstler: The Rediscovery of Men.
Kunstler: The Rediscovery of Men.
Monday, November 21, 2016
Kunstler: "Boo Hoo" + Tulsi News
Emotions are still raw a few weeks later. So I'm linking to Kunstler's latest, but not posting it in full. Interestingly he says, "If that circus [i.e., controversy about Hillary's e-mails and the Clinton Fdn.--P.Z.] comes to town, Trump could benefit from the distraction it offers the public." Hasn't he already?
Kunstler: "Boo Hoo."
---------------
Imani Gandy's tweet led me to search online about Tulsi's meeting with Trump. Hattie's Web addresses the meeting and includes a link to this. It would seem strange for her to leapfrog from a very safe Congressional seat to the Trump administration. At this point, given her youth, charisma, and her being a Democrat, Gabbard could be a representative as long as she wants. Campaigning is but a formality. Tulsi issues a statement about her meeting. In part, it reads:
Kunstler: "Boo Hoo."
---------------
Weird how Bernie and Tulsi hopped on the Trump train so quickly.
— Imani Gandied Yams (@AngryBlackLady) November 21, 2016
Harrumph.
Imani Gandy's tweet led me to search online about Tulsi's meeting with Trump. Hattie's Web addresses the meeting and includes a link to this. It would seem strange for her to leapfrog from a very safe Congressional seat to the Trump administration. At this point, given her youth, charisma, and her being a Democrat, Gabbard could be a representative as long as she wants. Campaigning is but a formality. Tulsi issues a statement about her meeting. In part, it reads:
“President-elect Trump and I had a frank and positive conversation in which we discussed a variety of foreign policy issues in depth. I shared with him my grave concerns that escalating the war in Syria by implementing a so-called no fly/safe zone would be disastrous for the Syrian people, our country, and the world. It would lead to more death and suffering, exacerbate the refugee crisis, strengthen ISIS and al-Qaeda, and bring us into a direct conflict with Russia which could result in a nuclear war. We discussed my bill to end our country’s illegal war to overthrow the Syrian government, and the need to focus our precious resources on rebuilding our own country, and on defeating al-Qaeda, ISIS, and other terrorist groups who pose a threat to the American people.
“For years, the issue of ending interventionist, regime change warfare has been one of my top priorities. This was the major reason I ran for Congress—I saw firsthand the cost of war, and the lives lost due to the interventionist warmongering policies our country has pursued for far too long.
“Let me be clear, I will never allow partisanship to undermine our national security when the lives of countless people lay in the balance."
Monday, November 14, 2016
Kunstler: "What Now?"
Kunstler on the election aftermath. All emphases mine.--P.Z.
Kunstler: "What Now?"
Not to put too fine a point on it, America coughed up Hillary Clinton like a hairball last week — the catch being it then had to swallow the Cheeto-colored bolus called Donald Trump. It was worth it to see the fog of Hillary-smuggery lift across the cable TV networks since the “I’m With Her / It’s Her Turn” fog was a cover for the looting operation that the permanent Washington DC establishment had turned into, including the Clinton Foundation.
Obviously, the nation is reeling from this emetic, struggling to process the meaning of it all. The big “tell” for me came at a moment in last week’s Slate Political Gabfest, a leftish-oriented podcast, when moderator David Plotz asked his sidekicks John Dickerson (of CBS News) and Emily Bazelon (of The NY Times) what the Democratic Party might do to regain legitimacy after this electoral disaster. Dead silence on the air. Nothing came to mind.
Something came to my mind as a long-time disaffected (registered) Democrat: jettison the stupid identity politics and get back to reality. Alas, that may be too much to ask. For now, the party lies in ruins without a single figure of stature to represent a coherent set of ideas other than boosting the self-esteem of its favor-seeking constituent groups. Here’s my idea: how about forming a credible opposition to the so-called Deep State, the matrix of racketeering and empire-building that has drained the life out of this polity. That was impossible with the racketeer-in-chief leading the blue electoral ticket, but now the dynamic stands naked and obvious, answering the question: what to do next?
Another catch, of course, is that opposing the Deep State of Rackets is pretty much what Mr. Trump has promised to do, if “draining the swamp” means anything. He never quite articulated it clearly beyond that metaphor, but you can bet that’s what the DC establishment is so alarmed about. Trump’s behavior on the campaign trail is now being hailed in the media as a kind of genius. To me, it still seems oafish to an extreme, and it remains to be seen how such a blunderer might finesse our escape from the empire of rackets and the racket of empire. He begins to look like a man in a tunnel staring down the harsh light of the onrushing gravy train.
Mr. Trump might not know it yet, but his chief task will be managing contraction. It would appear to be problematic, since his chief promise — “to make America great again” — is based on restarting the epic expansions of the 19th and 20th centuries. Well, things have changed. This is no longer a virgin continent filled with motherlodes, untapped oil bonanzas, and fabulous soils begging to be exploited. In fact, we’re close to being played out where those resources are concerned. And the techno-industrial economy engineered out of those assets is wobbling badly.
There is a Great Wish that this system might be replaced just-in-time with some as-yet-unrealized Green Alt Economy of solar-charged driverless electric cars — but, of course, the unchallenged pathetic idiocy of the assumed car dependence at the center of this fantasy ought to tell you how exactly unreal it is. The contraction we face has mandates of its own, and it doesn’t include the continuation of Happy Motoring on any terms. I’m quite certain that the Trump forces haven’t even imagined it.
I would propose three meta-matters in consideration of how America might survive the disorders of the Long Emergency: the financialization of the economy, the burdens of empire, and the fiasco of our suburban living arrangement.
The financialization of the economy is already playing into its disastrous climax as I write, with bond markets tanking all over the planet. What this means is that the long-ignored chickens of risk associated with debt are coming home to roost. As they do, they are going to shit over everything on the financial landscape. Industrial societies have been borrowing from the future to a grotesque degree for decades, pretending that these debts were assets rather than liabilities. That perception is about to change, and with it an enormous amount of presumed notional wealth is going to disappear. That will manifest in rising bond yields (and falling bond values), cratering currencies, panicked capital flows, banking emergencies, and weird action in markets. If that seems too metaphysical, you can also think of it as contracting economies and the withering of global trade relations. There’s also the chance it will express itself in kinetic conflict, i.e. war.
My sense of things is that this meta-predicament alone could overwhelm the Trump government from the very start. We could have problems with money orders of magnitude worse than anything FDR faced in 1933, with bank closures, the seizing of accounts, and the paralysis of everyday business. That would easily lead to civil disorders, a breakdown in law, and the immiseration of most Americans. It could also lead to previously-unimagined political outcomes, such as a discontinuity of government. This is connected with the second meta-problem, the burdens of empire.
The USA is squandering its vitality trying to maintain a half-assed global empire of supposed interests, economic, ideological, and existential. Lately, this hapless project has only resulted in wars with no end in places we don’t belong. It includes reckless experiments such as the promotion of regime change (Iraq, Libya, Ukraine, Egypt, Syria), and senseless, provocative exercises such as the use of NATO forces to run war games near Russia’s border. The monetary cost of all this is off the hook, of course, redounding to the financial mess. Reigning [sic--P.Z.] in these imperial impulses could be on the Trump agenda, but his own gold-plated imperial pretensions suggest that he might actually make the situation worse by conflating a reduction of our empire with a loss of the very “greatness” he wants to reclaim. As it happens, America may be forced by economic circumstances to yield the burdens of empire. The world is about to become a bigger place again as globalism winds down and the larger nations establish more realistic spheres of influence. We better get with the program.
Thirdly comes the question of how Americans inhabit the terrain: the suburban fiasco and all its accessories and furnishings. You can just stick a fork in that. The great project awaiting this country is how we might redistribute our people into re-scaled walkable communities with re-localized economies, including re-scaled agriculture. It’s going to happen whether we like it or not. It’s only a matter of how disorderly the process may be. Obviously all the suburban crapola out there also represents a tremendous load of presumed wealth. The vested “value” in suburban houses alone is the underlayment of structured finance. There is almost no conscious political awareness in any party — including the Greens — as to how we might attempt to work this out.
But, for example, and for a start, Mr. Trump might consider the effect that national chain “Big Box” shopping has had on Main Street America. It literally destroyed local commercial economies all over the land, and with it numberless vocational niches and social roles in communities. He can’t sign an edict against the Big Box empire, but his people might start imagining the process of rebuilding local networks of commerce and actively de-incentivizing the Big Box business model. That model has many other ways to fail, incidentally, and already is failing to some degree between the impoverishment of its customers and the growing problems with global supply lines. But anything that might lubricate the transition would be better than the stark collapse of the current arrangement.
The chatter this week has been all about the upcoming “infrastructure” orgy that Trump will undertake. That depends first of all on how badly the financial sector cracks up. I hope we do not squander more of our dwindling capital on the accessories of car dependence, because that addiction is on the way out. One thing Mr. Trump might get behind is restoring the passenger railroads of America so that we can at least get around the continental nation when the Happy Motoring fiesta grinds to a halt. It would put an awful lot of people to work on something with real long-term benefit — it ties into the restoration of Main Street towns and their economies — and it is a do-able project that might give us the needed encouragement to get on with the many other necessary projects awaiting our attention.
In case you were wondering, I was not jumping up and down cheering the Trump victory, amazing as it was. I figured the good news was that Hillary lost and the bad news was that Trump won. Now, we just have to roll with it.
Kunstler: "What Now?"
Not to put too fine a point on it, America coughed up Hillary Clinton like a hairball last week — the catch being it then had to swallow the Cheeto-colored bolus called Donald Trump. It was worth it to see the fog of Hillary-smuggery lift across the cable TV networks since the “I’m With Her / It’s Her Turn” fog was a cover for the looting operation that the permanent Washington DC establishment had turned into, including the Clinton Foundation.
Obviously, the nation is reeling from this emetic, struggling to process the meaning of it all. The big “tell” for me came at a moment in last week’s Slate Political Gabfest, a leftish-oriented podcast, when moderator David Plotz asked his sidekicks John Dickerson (of CBS News) and Emily Bazelon (of The NY Times) what the Democratic Party might do to regain legitimacy after this electoral disaster. Dead silence on the air. Nothing came to mind.
Something came to my mind as a long-time disaffected (registered) Democrat: jettison the stupid identity politics and get back to reality. Alas, that may be too much to ask. For now, the party lies in ruins without a single figure of stature to represent a coherent set of ideas other than boosting the self-esteem of its favor-seeking constituent groups. Here’s my idea: how about forming a credible opposition to the so-called Deep State, the matrix of racketeering and empire-building that has drained the life out of this polity. That was impossible with the racketeer-in-chief leading the blue electoral ticket, but now the dynamic stands naked and obvious, answering the question: what to do next?
Another catch, of course, is that opposing the Deep State of Rackets is pretty much what Mr. Trump has promised to do, if “draining the swamp” means anything. He never quite articulated it clearly beyond that metaphor, but you can bet that’s what the DC establishment is so alarmed about. Trump’s behavior on the campaign trail is now being hailed in the media as a kind of genius. To me, it still seems oafish to an extreme, and it remains to be seen how such a blunderer might finesse our escape from the empire of rackets and the racket of empire. He begins to look like a man in a tunnel staring down the harsh light of the onrushing gravy train.
Mr. Trump might not know it yet, but his chief task will be managing contraction. It would appear to be problematic, since his chief promise — “to make America great again” — is based on restarting the epic expansions of the 19th and 20th centuries. Well, things have changed. This is no longer a virgin continent filled with motherlodes, untapped oil bonanzas, and fabulous soils begging to be exploited. In fact, we’re close to being played out where those resources are concerned. And the techno-industrial economy engineered out of those assets is wobbling badly.
There is a Great Wish that this system might be replaced just-in-time with some as-yet-unrealized Green Alt Economy of solar-charged driverless electric cars — but, of course, the unchallenged pathetic idiocy of the assumed car dependence at the center of this fantasy ought to tell you how exactly unreal it is. The contraction we face has mandates of its own, and it doesn’t include the continuation of Happy Motoring on any terms. I’m quite certain that the Trump forces haven’t even imagined it.
I would propose three meta-matters in consideration of how America might survive the disorders of the Long Emergency: the financialization of the economy, the burdens of empire, and the fiasco of our suburban living arrangement.
The financialization of the economy is already playing into its disastrous climax as I write, with bond markets tanking all over the planet. What this means is that the long-ignored chickens of risk associated with debt are coming home to roost. As they do, they are going to shit over everything on the financial landscape. Industrial societies have been borrowing from the future to a grotesque degree for decades, pretending that these debts were assets rather than liabilities. That perception is about to change, and with it an enormous amount of presumed notional wealth is going to disappear. That will manifest in rising bond yields (and falling bond values), cratering currencies, panicked capital flows, banking emergencies, and weird action in markets. If that seems too metaphysical, you can also think of it as contracting economies and the withering of global trade relations. There’s also the chance it will express itself in kinetic conflict, i.e. war.
My sense of things is that this meta-predicament alone could overwhelm the Trump government from the very start. We could have problems with money orders of magnitude worse than anything FDR faced in 1933, with bank closures, the seizing of accounts, and the paralysis of everyday business. That would easily lead to civil disorders, a breakdown in law, and the immiseration of most Americans. It could also lead to previously-unimagined political outcomes, such as a discontinuity of government. This is connected with the second meta-problem, the burdens of empire.
The USA is squandering its vitality trying to maintain a half-assed global empire of supposed interests, economic, ideological, and existential. Lately, this hapless project has only resulted in wars with no end in places we don’t belong. It includes reckless experiments such as the promotion of regime change (Iraq, Libya, Ukraine, Egypt, Syria), and senseless, provocative exercises such as the use of NATO forces to run war games near Russia’s border. The monetary cost of all this is off the hook, of course, redounding to the financial mess. Reigning [sic--P.Z.] in these imperial impulses could be on the Trump agenda, but his own gold-plated imperial pretensions suggest that he might actually make the situation worse by conflating a reduction of our empire with a loss of the very “greatness” he wants to reclaim. As it happens, America may be forced by economic circumstances to yield the burdens of empire. The world is about to become a bigger place again as globalism winds down and the larger nations establish more realistic spheres of influence. We better get with the program.
Thirdly comes the question of how Americans inhabit the terrain: the suburban fiasco and all its accessories and furnishings. You can just stick a fork in that. The great project awaiting this country is how we might redistribute our people into re-scaled walkable communities with re-localized economies, including re-scaled agriculture. It’s going to happen whether we like it or not. It’s only a matter of how disorderly the process may be. Obviously all the suburban crapola out there also represents a tremendous load of presumed wealth. The vested “value” in suburban houses alone is the underlayment of structured finance. There is almost no conscious political awareness in any party — including the Greens — as to how we might attempt to work this out.
But, for example, and for a start, Mr. Trump might consider the effect that national chain “Big Box” shopping has had on Main Street America. It literally destroyed local commercial economies all over the land, and with it numberless vocational niches and social roles in communities. He can’t sign an edict against the Big Box empire, but his people might start imagining the process of rebuilding local networks of commerce and actively de-incentivizing the Big Box business model. That model has many other ways to fail, incidentally, and already is failing to some degree between the impoverishment of its customers and the growing problems with global supply lines. But anything that might lubricate the transition would be better than the stark collapse of the current arrangement.
The chatter this week has been all about the upcoming “infrastructure” orgy that Trump will undertake. That depends first of all on how badly the financial sector cracks up. I hope we do not squander more of our dwindling capital on the accessories of car dependence, because that addiction is on the way out. One thing Mr. Trump might get behind is restoring the passenger railroads of America so that we can at least get around the continental nation when the Happy Motoring fiesta grinds to a halt. It would put an awful lot of people to work on something with real long-term benefit — it ties into the restoration of Main Street towns and their economies — and it is a do-able project that might give us the needed encouragement to get on with the many other necessary projects awaiting our attention.
In case you were wondering, I was not jumping up and down cheering the Trump victory, amazing as it was. I figured the good news was that Hillary lost and the bad news was that Trump won. Now, we just have to roll with it.
Monday, October 31, 2016
Kunstler: Halloween Nation.
Kunstler's latest.
Halloween Nation.
What was with James Comey’s Friday letter to congress? It looks to me like the FBI Director had to go nuclear against his parent agency, the Department of Justice, and Attorney General Loretta Lynch, his boss, in particular. Why? Because the Attorney General refused to pursue the Clinton email case when more evidence turned up in the underage sexting case against Anthony Weiner, husband of Hillary’s chief of staff, Huma Abedin.
Over the weekend, the astounding news story broke that the FBI had not obtained a warrant to examine the emails on Weiner’s computer and other devices after three weeks of getting stonewalled by DOJ attorneys. What does it mean when the Director of the FBI can’t get a warrant in a New York minute? It must mean that the DOJ is at war with the FBI. Watergate is looking like thin gruel compared to this fantastic Bouillabaisse of a presidential campaign fiasco.
One way you can tell is that The New York Times is playing down the story Monday morning. Columnist Paul Krugman calls the Comey letter “cryptic.” Krugman’s personal cryptograph insinuates that Comey is trying to squash an investigation of “Russian meddling in American elections.” Senate Minority Leader Harry Reid chimed in with a statement that “it has become clear that you [Comey] possess explosive information about close ties and coordination between Donald Trump, his top advisers and the Russian government.” How’s that for stupid and ugly? It’s the Russian’s fault that Hillary finds herself in trouble again?
Earlier this week, lawyers at the DOJ attempted to quash a parallel investigation of the Clinton Foundation. They must be out of their minds to think that story will go away. Isn’t it about time that a House or Senate committee subpoenaed Bill Clinton to testify under oath about his June airport meeting with Loretta Lynch. He doesn’t enjoy any special immunity in this case.
Speaking of immunity, when will we learn what kind of immunity Huma Abedin may have been granted in previous cycles of the email investigation? Plenty of other Clinton campaign associates got immunity from prosecution earlier this year, rendering bales of evidence on their own laptops inadmissible in the email server case.
Things as yet unknown: Where is US Attorney (for the Southern District of New York) Preet Bharara in this case? He works for the DOJ, but he is known to be an independent operator, and he must be already involved at least in the underage sexting case against Weiner, meaning he’s had access to an awful lot of collateral evidence from Weiner’s laptop, and must have obtained some kind of warrants of his own.
What appears to be unraveling is the AG Loretta Lynch’s effort to protect Hillary Clinton and now, in this Alfred Hitchcock movie of a presidential election, she’s trying to make it look like James Comey is stabbing Hillary in the shower. (Film buffs note: in Hitchcock’s Psycho the character played by Janet Leigh made off with a bundle of money from her place of employment before Norman Bates worked his hoodoo on her at the motel.)
Trump, of course, is playing the escapade up in his usual idiotic way. It would be unfortunate if it ended up getting him elected — but how would it not be unfortunate for Hillary to wind up in the White House under a cloud of possible indictment? She will be doing Chinese fire drills with a special prosecutor the whole time she is in office, tempted at every moment to start a war with the Russians to divert attention from her legal problems.
Soon we will learn what kind of tensions are roiling between the FBI and the DOJ, and internally within each of these agencies. There are too many pissed off people there to prevent leakage, and probably plenty of email memoranda among the officials that would nicely lay out a trail of incrimination leading into the Attorney General’s office itself.
What a fine mess. And anybody who thinks that any of it might be resolved before November 8 will be disappointed. This story has so many legs, it looks like a Amazonian centipede compared to the lumbering cockroach that was Watergate. The awful proceedings will grind on and on while the US economy and its vampire squid matrix of financial rackets implode in 2017 along with the European Union and global trade. How do you like The Long Emergency now?
Halloween Nation.
What was with James Comey’s Friday letter to congress? It looks to me like the FBI Director had to go nuclear against his parent agency, the Department of Justice, and Attorney General Loretta Lynch, his boss, in particular. Why? Because the Attorney General refused to pursue the Clinton email case when more evidence turned up in the underage sexting case against Anthony Weiner, husband of Hillary’s chief of staff, Huma Abedin.
Over the weekend, the astounding news story broke that the FBI had not obtained a warrant to examine the emails on Weiner’s computer and other devices after three weeks of getting stonewalled by DOJ attorneys. What does it mean when the Director of the FBI can’t get a warrant in a New York minute? It must mean that the DOJ is at war with the FBI. Watergate is looking like thin gruel compared to this fantastic Bouillabaisse of a presidential campaign fiasco.
One way you can tell is that The New York Times is playing down the story Monday morning. Columnist Paul Krugman calls the Comey letter “cryptic.” Krugman’s personal cryptograph insinuates that Comey is trying to squash an investigation of “Russian meddling in American elections.” Senate Minority Leader Harry Reid chimed in with a statement that “it has become clear that you [Comey] possess explosive information about close ties and coordination between Donald Trump, his top advisers and the Russian government.” How’s that for stupid and ugly? It’s the Russian’s fault that Hillary finds herself in trouble again?
Earlier this week, lawyers at the DOJ attempted to quash a parallel investigation of the Clinton Foundation. They must be out of their minds to think that story will go away. Isn’t it about time that a House or Senate committee subpoenaed Bill Clinton to testify under oath about his June airport meeting with Loretta Lynch. He doesn’t enjoy any special immunity in this case.
Speaking of immunity, when will we learn what kind of immunity Huma Abedin may have been granted in previous cycles of the email investigation? Plenty of other Clinton campaign associates got immunity from prosecution earlier this year, rendering bales of evidence on their own laptops inadmissible in the email server case.
Things as yet unknown: Where is US Attorney (for the Southern District of New York) Preet Bharara in this case? He works for the DOJ, but he is known to be an independent operator, and he must be already involved at least in the underage sexting case against Weiner, meaning he’s had access to an awful lot of collateral evidence from Weiner’s laptop, and must have obtained some kind of warrants of his own.
What appears to be unraveling is the AG Loretta Lynch’s effort to protect Hillary Clinton and now, in this Alfred Hitchcock movie of a presidential election, she’s trying to make it look like James Comey is stabbing Hillary in the shower. (Film buffs note: in Hitchcock’s Psycho the character played by Janet Leigh made off with a bundle of money from her place of employment before Norman Bates worked his hoodoo on her at the motel.)
Trump, of course, is playing the escapade up in his usual idiotic way. It would be unfortunate if it ended up getting him elected — but how would it not be unfortunate for Hillary to wind up in the White House under a cloud of possible indictment? She will be doing Chinese fire drills with a special prosecutor the whole time she is in office, tempted at every moment to start a war with the Russians to divert attention from her legal problems.
Soon we will learn what kind of tensions are roiling between the FBI and the DOJ, and internally within each of these agencies. There are too many pissed off people there to prevent leakage, and probably plenty of email memoranda among the officials that would nicely lay out a trail of incrimination leading into the Attorney General’s office itself.
What a fine mess. And anybody who thinks that any of it might be resolved before November 8 will be disappointed. This story has so many legs, it looks like a Amazonian centipede compared to the lumbering cockroach that was Watergate. The awful proceedings will grind on and on while the US economy and its vampire squid matrix of financial rackets implode in 2017 along with the European Union and global trade. How do you like The Long Emergency now?
Monday, October 24, 2016
Kunstler: Slouching Towards Election Day.
Kunstler: Slouching Towards Election Day.
It’s getting hard to give a shit about this election, though you might still care about this country. The damage has been done to the two long-reigning political parties and perhaps that’s a good thing. They deserved to be dragged into the gutter and now they can either go through a severe rehab or be replaced by as-yet-unformed coalitions of reality-based interests.
Trump did a greater disservice all-in-all to the faction he supposedly represented. Their grievances about a grift-maximized political economy were genuine, and Trump managed to make them look like a claque of sinister clowns. This cartoon of a rich kid with no internal boundaries was unable to articulate their legitimate complaints. His behavior during the so-called debates verged on psychotic. If Trump loses, I will essay to guess that his followers’ next step will be some kind of violence. For the moment, pathetic as it is, Trump was their last best hope.
I’m more comfortable about Hillary — though I won’t vote for her — because it will be salutary for the ruling establishment to unravel with her in charge of it. That way, the right people will be blamed for the mismanagement of our national affairs. This gang of elites needs to be circulated out of power the hard way, under the burden of their own obvious perfidy, with no one else to point their fingers at. Her election will sharpen awareness of the criminal conduct in our financial practices and the neglect of regulation that marked the eight years of Obama’s appointees at the Department of Justice and the Securities and Exchange Commission.
The “tell” in these late stages of the campaign has been the demonization of Russia — a way more idiotic exercise than the McCarthyite Cold War hysteria of the early 1950s, since there is no longer any ideological conflict between us and all the evidence indicates that the current state of bad relations is America’s fault, in particular our sponsorship of the state failure in Ukraine and our avid deployment of NATO forces in war games on Russia’s border. Hillary has had the full force of the foreign affairs establishment behind her in this war-drum-banging effort, yet they have not been able to produce any evidence, for instance, in their claim that Russia is behind the Wikileaks hack of Hillary’s email. They apparently subscribe to the Joseph Goebbels theory of propoganda [sic--P.Z.]: if you’re going to lie, make sure it’s a whopper, and then repeat it incessantly.
The media has been on-board with all this. The New York Times especially has acted as the hired amplifier for the establishment lies — such a difference from the same newspaper’s role in the Vietnam War ruckus of yesteryear. Today (Monday) they ran an astounding editorial “explaining” the tactical necessity of Hillary’s dishonesty: “In politics, hypocrisy and doublespeak are tools,” The Times editorial board wrote. Oh, well, that’s reassuring. Welcome to the George Orwell Theme Park of Democracy.
Of course neither Trump nor Hillary show any signs of understanding the real problems afflicting the USA. They don’t recognize the basic energy equation that has made it impossible for industrial economies to keep growing [Emphasis mine.--P.Z.], or the deformities in banking and finance that result from official efforts to overcome these implacable conditions, namely, the piling up of ever-greater debt to “solve” the problem of over-indebtedness.
The beginning of the way out of this quandary will be recognition that the federal government is the greatest obstacle for America making the necessary adjustments to a world that has changed. If Trump got elected, I’m convinced that he would be removed from office by a military coup inside of a year, which would be an epic smash-up of our political machinery per se, comparable to the period 44 BCE in Rome, when the republic crashed. Hillary would bring a more measured discredit to the system with the chance that our institutions might be rehabilitated — with the cherry-on-top being Hillary’s eventual impeachment for lying, a fate that her husband and the late Richard Nixon both wiggled out of one way or another.
It’s getting hard to give a shit about this election, though you might still care about this country. The damage has been done to the two long-reigning political parties and perhaps that’s a good thing. They deserved to be dragged into the gutter and now they can either go through a severe rehab or be replaced by as-yet-unformed coalitions of reality-based interests.
Trump did a greater disservice all-in-all to the faction he supposedly represented. Their grievances about a grift-maximized political economy were genuine, and Trump managed to make them look like a claque of sinister clowns. This cartoon of a rich kid with no internal boundaries was unable to articulate their legitimate complaints. His behavior during the so-called debates verged on psychotic. If Trump loses, I will essay to guess that his followers’ next step will be some kind of violence. For the moment, pathetic as it is, Trump was their last best hope.
I’m more comfortable about Hillary — though I won’t vote for her — because it will be salutary for the ruling establishment to unravel with her in charge of it. That way, the right people will be blamed for the mismanagement of our national affairs. This gang of elites needs to be circulated out of power the hard way, under the burden of their own obvious perfidy, with no one else to point their fingers at. Her election will sharpen awareness of the criminal conduct in our financial practices and the neglect of regulation that marked the eight years of Obama’s appointees at the Department of Justice and the Securities and Exchange Commission.
The “tell” in these late stages of the campaign has been the demonization of Russia — a way more idiotic exercise than the McCarthyite Cold War hysteria of the early 1950s, since there is no longer any ideological conflict between us and all the evidence indicates that the current state of bad relations is America’s fault, in particular our sponsorship of the state failure in Ukraine and our avid deployment of NATO forces in war games on Russia’s border. Hillary has had the full force of the foreign affairs establishment behind her in this war-drum-banging effort, yet they have not been able to produce any evidence, for instance, in their claim that Russia is behind the Wikileaks hack of Hillary’s email. They apparently subscribe to the Joseph Goebbels theory of propoganda [sic--P.Z.]: if you’re going to lie, make sure it’s a whopper, and then repeat it incessantly.
The media has been on-board with all this. The New York Times especially has acted as the hired amplifier for the establishment lies — such a difference from the same newspaper’s role in the Vietnam War ruckus of yesteryear. Today (Monday) they ran an astounding editorial “explaining” the tactical necessity of Hillary’s dishonesty: “In politics, hypocrisy and doublespeak are tools,” The Times editorial board wrote. Oh, well, that’s reassuring. Welcome to the George Orwell Theme Park of Democracy.
Of course neither Trump nor Hillary show any signs of understanding the real problems afflicting the USA. They don’t recognize the basic energy equation that has made it impossible for industrial economies to keep growing [Emphasis mine.--P.Z.], or the deformities in banking and finance that result from official efforts to overcome these implacable conditions, namely, the piling up of ever-greater debt to “solve” the problem of over-indebtedness.
The beginning of the way out of this quandary will be recognition that the federal government is the greatest obstacle for America making the necessary adjustments to a world that has changed. If Trump got elected, I’m convinced that he would be removed from office by a military coup inside of a year, which would be an epic smash-up of our political machinery per se, comparable to the period 44 BCE in Rome, when the republic crashed. Hillary would bring a more measured discredit to the system with the chance that our institutions might be rehabilitated — with the cherry-on-top being Hillary’s eventual impeachment for lying, a fate that her husband and the late Richard Nixon both wiggled out of one way or another.
Monday, October 10, 2016
Kunstler: Wounded Elephant.
Kunstler: Wounded Elephant.
Last night’s debate raises some interesting questions, such as: would the Romans have elected Caligula if given the chance to vote? Can the Republican party recover from Donald Trump? If the party poobahs “pull the plug” on Trump, as some are threatening to do (that is, cut off funds to his campaign), will they go down the drain with him anyway? Is the USA a nation or just the world’s biggest comedy club? Where is the Deep State when you really need it?
That odor wafting across the land is the smell of Republicans with their hair on fire. Yet the gloat of astonishment on Hillary’s face as she witnesses the Queeg-like crack-up of her rival will eventually fade as she discerns the wreckage awaiting her in the oval office. Weep for your country!
The only good to come out of this sordid election is the certainty that a lot of political debris will be swept away in the Fourth Turning [Link added by me.--P.Z.] underway. Out of the miasma of idiocy and posture that is this election campaign, the hard-edged realities of our time will emerge and the TV audience will come to the stark recognition that it is not just another mere entertainment.
The other major nations of the world are not so much ganging up on America, as Hillary would have it, but reasonably attempting to ring-fence the mad bull that the USA has become — as the two candidates vie to start World War Three with China and Russia respectively. The last resort of the scoundrels in today’s version of the “yellow press” is to blame Russia for attempting to meddle in our election. War, children, it’s just a shot away.
It is getting to be too late to sort out all the confusion sown by this horrific campaign. From here on its really more a matter of the dust settling. In background of it all looms the train-wreck of global finance, which will be the true determinant of what the American people will have to do in the years ahead. During the weeks of the election distraction, the European banks struggle to conceal their insolvency while the politicians of Euro-land desperately try to paper over the cracks in these fracturing institutions. Few can tell what is actually happening in China’s banking system, but it’s sending out ominous tremors that are hard to ignore. But be sure it is all daisy-chained right into Wall Street and the US banks. The potential for wrecking markets and currencies around the world is extreme at this moment. It may only be a matter of whether it happens before or after the election.
Then we’ll see what happens when financial institutions can’t trust each other. Trade stops. Economies crumble. Pretenses evaporate. If it gets bad enough, the shelves of the supermarkets go bare in three days and you’re living in a permanent hurricane disaster without the wind and rain. Believe me, that will be bad enough. Hillary, if elected, will not get to play FDR-2. Rather, she’ll be stuck in the role of Hoover, the Return, presiding over a freight elevator of an economy with a broken cable. Expect problems with the US dollar. Expect “emergency” actions. Expect the unintended consequences of those actions.
If there is one outstanding upshot of these “debates” it must be their staggering failure to reassure the American public that they can expect effective leadership through the hardships ahead. There must be many others out there like myself wondering who will emerge from the rubble? I suspect it will be someone we haven’t heard of before, just as Bonaparte was unheard of in France in 1792. This is not entirely a nation of clowns, though it feels like that lately. [All emphases mine.--P.Z.]
Last night’s debate raises some interesting questions, such as: would the Romans have elected Caligula if given the chance to vote? Can the Republican party recover from Donald Trump? If the party poobahs “pull the plug” on Trump, as some are threatening to do (that is, cut off funds to his campaign), will they go down the drain with him anyway? Is the USA a nation or just the world’s biggest comedy club? Where is the Deep State when you really need it?
That odor wafting across the land is the smell of Republicans with their hair on fire. Yet the gloat of astonishment on Hillary’s face as she witnesses the Queeg-like crack-up of her rival will eventually fade as she discerns the wreckage awaiting her in the oval office. Weep for your country!
The only good to come out of this sordid election is the certainty that a lot of political debris will be swept away in the Fourth Turning [Link added by me.--P.Z.] underway. Out of the miasma of idiocy and posture that is this election campaign, the hard-edged realities of our time will emerge and the TV audience will come to the stark recognition that it is not just another mere entertainment.
The other major nations of the world are not so much ganging up on America, as Hillary would have it, but reasonably attempting to ring-fence the mad bull that the USA has become — as the two candidates vie to start World War Three with China and Russia respectively. The last resort of the scoundrels in today’s version of the “yellow press” is to blame Russia for attempting to meddle in our election. War, children, it’s just a shot away.
It is getting to be too late to sort out all the confusion sown by this horrific campaign. From here on its really more a matter of the dust settling. In background of it all looms the train-wreck of global finance, which will be the true determinant of what the American people will have to do in the years ahead. During the weeks of the election distraction, the European banks struggle to conceal their insolvency while the politicians of Euro-land desperately try to paper over the cracks in these fracturing institutions. Few can tell what is actually happening in China’s banking system, but it’s sending out ominous tremors that are hard to ignore. But be sure it is all daisy-chained right into Wall Street and the US banks. The potential for wrecking markets and currencies around the world is extreme at this moment. It may only be a matter of whether it happens before or after the election.
Then we’ll see what happens when financial institutions can’t trust each other. Trade stops. Economies crumble. Pretenses evaporate. If it gets bad enough, the shelves of the supermarkets go bare in three days and you’re living in a permanent hurricane disaster without the wind and rain. Believe me, that will be bad enough. Hillary, if elected, will not get to play FDR-2. Rather, she’ll be stuck in the role of Hoover, the Return, presiding over a freight elevator of an economy with a broken cable. Expect problems with the US dollar. Expect “emergency” actions. Expect the unintended consequences of those actions.
If there is one outstanding upshot of these “debates” it must be their staggering failure to reassure the American public that they can expect effective leadership through the hardships ahead. There must be many others out there like myself wondering who will emerge from the rubble? I suspect it will be someone we haven’t heard of before, just as Bonaparte was unheard of in France in 1792. This is not entirely a nation of clowns, though it feels like that lately. [All emphases mine.--P.Z.]
Sunday, October 09, 2016
Today's Debate
My twitter feed is a mix of Republicans and Democrats. Those two camps are apparently watching two different debates.
— George Hawley (@georgehawleyUA) October 10, 2016
(I don't know if he follows Nall and Coulter. I'm only citing them as examples of the disparate response to the debate, which I am watching, actually, while I work.)
Can this team not find the Sudafed?
— Nancy Nall Derringer (@nnall) October 10, 2016
NO MODERATORS AT NEXT DEBATE!
— Ann Coulter (@AnnCoulter) October 10, 2016
Monday, October 03, 2016
Kunstler: Sizing Up the Endgame.
Kunstler announces he'll vote for Hillary, but he's not with her, and never will be with her.
Kunstler: Sizing Up the Endgame.
All Hillary had to do last week was show up and stand at a podium for ninety minutes without swooning while Donald Trump barked and grunted his way through the half-assed press conference we like to call a “debate.” It was all I could do to keep watching the nauseating spectacle. It made you want to reach out and whap your TV upside its head, or maybe just shoot the fucker, like Elvis used to do.
The torment of who or what to vote for has become unbearable. I’d considered casting mine for Johnson / Weld, until Gary Johnson demonstrated that the front end of his brain is missing. Aleppo? Wasn’t he one of the Marx Brothers? I sense that Jill Stein of the Green Party is more Social Justice Warrior than EcoWarrior, and the last thing I want is for the rest of America to become one big college campus rife with trigger warnings and micro-aggression persecutions. Vote for Trump? Not if you chained me to the back bumper of a Toyota Landcruiser and dragged me over six miles of broken light bulbs. Hillary? Make that nine miles, and throw down some carpet tacks.
But wait a minute…! Here’s something to consider: a proposition put out by David McAlvany on his podcast last week: To Understand Election 2016 You Have to See 2020. (The new podcast is posted on Wednesdays, so to listen after Oct 5 you’ll have to click back a week.) The idea is that the winner of the presidential election is sure to be the biggest loser because the global economy is in the process of tanking, Long Emergency style, and the global finance system is going down with it. Whoever presides over this fiasco from the White House is going to be a bigger bag-holder than old Herbert Hoover in 1929.
The salutary part of the story is that such an epochal crack-up will sweep the establishment out of power. In the present case, this means discrediting the crony-capitalist, revolving-door grifters of the Wall Street / Washington axis, plus the neo-con military empire-builders bent on starting World War Three for profit, plus the economic central planners of the Federal Reserve whose desperate meddlings have nearly destroyed the necessary operations and meaning of money. And the cherries on top to get thrown out with the rest of this giant shit sundae would be the campus cultural Maoists. In short, vote for Hillary and let history flush them all out of the system.
A vote for Trump would let the aforesaid villains and bunglers off the hook because supposedly Trump represents free market business interests, and if he got elected they would be blamed for the economic and financial cataclysm which has been in motion for going on for two decades — and has accelerated mightily under the genial Obama. Whatever else you might say about free markets, had they been allowed to operate naturally, a lot of dead wood might have been cleared out of the financial forest by allowing failing institutions and companies to crash and burn. Instead, they were artificially propped up and hosed down with bailouts and other accounting frauds at all costs. The cost turns out to be the coherent workings of markets.
There can be little question that Hillary represents so much that has gone wrong in American public life under the Baby Boomer regime. The fact that she will be the oldest president ever at inauguration itself says a lot about the limitless cupidity of the Boomer political gen. They just don’t know when to stop. It’s history’s job to stop them now, nature’s way, by seating them at the banquet of consequences for all their poisonous cookery and quackery.
Watching these lamebrain debates, you get the impression that the folks running things, including media stars like the debate moderators, lack the slightest clue about the gathering economic storm. They are too busy reading the false weather reports posted by the Fed and the US Bureau of Labor Statistics. Both Hillary and Trump seem to believe that we can winkle our way back to a 1962-style economy if we click our ruby slippers three times. That is not going to happen.
There are too many people on-board the planet and too few resources to keep them all going. It’s hard to say whether we might have managed the necessary contraction, say, starting back in the 1970s when the writing was on the wall and a truly honest president (one Jimmy Carter) spelled it out in plain English. We blew it, electing Ronald Reagan to enable the final feeding frenzy of the techno-industrial age.
Now it’s up to natural forces — and their galloping horsemen — to get the job done. So let us by all means throw out votes behind Hillary and let her rip so we can move on from there sooner rather than later and find new ways to remain civilized in the coming disposition of things.
Kunstler: Sizing Up the Endgame.
All Hillary had to do last week was show up and stand at a podium for ninety minutes without swooning while Donald Trump barked and grunted his way through the half-assed press conference we like to call a “debate.” It was all I could do to keep watching the nauseating spectacle. It made you want to reach out and whap your TV upside its head, or maybe just shoot the fucker, like Elvis used to do.
The torment of who or what to vote for has become unbearable. I’d considered casting mine for Johnson / Weld, until Gary Johnson demonstrated that the front end of his brain is missing. Aleppo? Wasn’t he one of the Marx Brothers? I sense that Jill Stein of the Green Party is more Social Justice Warrior than EcoWarrior, and the last thing I want is for the rest of America to become one big college campus rife with trigger warnings and micro-aggression persecutions. Vote for Trump? Not if you chained me to the back bumper of a Toyota Landcruiser and dragged me over six miles of broken light bulbs. Hillary? Make that nine miles, and throw down some carpet tacks.
But wait a minute…! Here’s something to consider: a proposition put out by David McAlvany on his podcast last week: To Understand Election 2016 You Have to See 2020. (The new podcast is posted on Wednesdays, so to listen after Oct 5 you’ll have to click back a week.) The idea is that the winner of the presidential election is sure to be the biggest loser because the global economy is in the process of tanking, Long Emergency style, and the global finance system is going down with it. Whoever presides over this fiasco from the White House is going to be a bigger bag-holder than old Herbert Hoover in 1929.
The salutary part of the story is that such an epochal crack-up will sweep the establishment out of power. In the present case, this means discrediting the crony-capitalist, revolving-door grifters of the Wall Street / Washington axis, plus the neo-con military empire-builders bent on starting World War Three for profit, plus the economic central planners of the Federal Reserve whose desperate meddlings have nearly destroyed the necessary operations and meaning of money. And the cherries on top to get thrown out with the rest of this giant shit sundae would be the campus cultural Maoists. In short, vote for Hillary and let history flush them all out of the system.
A vote for Trump would let the aforesaid villains and bunglers off the hook because supposedly Trump represents free market business interests, and if he got elected they would be blamed for the economic and financial cataclysm which has been in motion for going on for two decades — and has accelerated mightily under the genial Obama. Whatever else you might say about free markets, had they been allowed to operate naturally, a lot of dead wood might have been cleared out of the financial forest by allowing failing institutions and companies to crash and burn. Instead, they were artificially propped up and hosed down with bailouts and other accounting frauds at all costs. The cost turns out to be the coherent workings of markets.
There can be little question that Hillary represents so much that has gone wrong in American public life under the Baby Boomer regime. The fact that she will be the oldest president ever at inauguration itself says a lot about the limitless cupidity of the Boomer political gen. They just don’t know when to stop. It’s history’s job to stop them now, nature’s way, by seating them at the banquet of consequences for all their poisonous cookery and quackery.
Watching these lamebrain debates, you get the impression that the folks running things, including media stars like the debate moderators, lack the slightest clue about the gathering economic storm. They are too busy reading the false weather reports posted by the Fed and the US Bureau of Labor Statistics. Both Hillary and Trump seem to believe that we can winkle our way back to a 1962-style economy if we click our ruby slippers three times. That is not going to happen.
There are too many people on-board the planet and too few resources to keep them all going. It’s hard to say whether we might have managed the necessary contraction, say, starting back in the 1970s when the writing was on the wall and a truly honest president (one Jimmy Carter) spelled it out in plain English. We blew it, electing Ronald Reagan to enable the final feeding frenzy of the techno-industrial age.
Now it’s up to natural forces — and their galloping horsemen — to get the job done. So let us by all means throw out votes behind Hillary and let her rip so we can move on from there sooner rather than later and find new ways to remain civilized in the coming disposition of things.
Thursday, September 29, 2016
Wednesday, September 21, 2016
Krugman vs. Johnson
So, are there really Sanders supporters now backing Gary Johnson? Have they looked at the Libertarian platform? pic.twitter.com/dgrIrj9B9D
— Paul Krugman (@paulkrugman) August 27, 2016
Paul Krugman Reveals What Libertarian Gary Johnson Really Stands For—and It's Terrifying @alternet https://t.co/hVmAlMzsJV
— jp (@Jpdawe7) September 21, 2016
Paul Krugman on Gary Johnson, https://t.co/6IMGx7fla3
— tylercowen (@tylercowen) September 20, 2016
https://t.co/O641bBcsDW They know that we see them for who they are. Let's show them. No more lesser of two evils. #LetGaryDebate
— Paul Andrews (@HappyDadster13) September 21, 2016
----
"The Myth of Gary Johnson" by someone named Judd Legum.
A Reading Guide to Lefty Panic Attacks About Gary Johnson https://t.co/p35ADAqEhW
— reason (@reason) September 23, 2016
Saturday, September 17, 2016
A PeakProsperity Interview with Kunstler
Why Kunstler seems to harp on money, finance, etc. He discusses the presidential race too.
Monday, September 12, 2016
Kunstler: Signs of Desperation.
Kunstler: Signs of Desperation.
Idiocy and mendacity are a bad combo in the affairs of nations, especially in elections. The present case in the USA displays both qualities to near-perfection: on one side, a boorish pseudo-savior in zero command of ideas; on the other side, a wannabe racketeer-in-chief in full command of her instinctive deceit. Trump offers incoherent rhetoric in opposition to the current dismal order of things; Clinton offers empty, pandering rhetoric in defense of that order. Both represent an epic national drive toward political suicide.
The idiocy and mendacity extend to the broad voting public and the discredited elites pretending to run the life of the nation. The American public has never been this badly educated and more distracted by manufactured trivia. They know next to nothing. Even college seniors can’t name the Secretary of State or find Switzerland on a map. They don’t know in what century the Civil War took place. They couldn’t tell you whether a hypotenuse is an animal, a vegetable, or a mineral. Their right to vote is a danger to themselves.
The elites operate in their own twilight zone of ignorance, only at a loftier level, flying on wings of sheepskin. Submitted for your approval: Harvard wizard Kenneth Rogoff’s new book, The Curse of Cash. This is the latest salvo in the international campaign to herd all money into the control of central banks and central governments, supposedly to make central planning of the economy more effective — but really for the purpose of extending the fallacy that the mis-pricing of credit and collateral (that is, of everything) can save the current incarnation of crony capitalism, and more to the point, save the fortunes of the racketeers running it, along with the reputations of their intellectual errand boys. Henceforth, all “money” transactions would be traceable, allowing unprecedented power for authorities to regulate the lives of citizens.
It remains to seen whether the American public might be snookered into this scheme, which already has some traction in Europe. Of course, Europe is headed into some interesting political heavy weather of its own in the months ahead, and there is plenty of reason to think that even the docile people of Denmark and Sweden might eventually revolt against the central bank regime if they see the Germans do it.
Aggravating matters is the hyper-complexity of our current financial arrangements, much of it in the service of deliberately mystifying the masses. Does the public understand the rationale behind zero interest rate policy (ZIRP)? Not any more than they understand the interaction of gluons and quarks or the doctrine of the Holy Trinity. It is one of the abiding mysteries of our time, for instance, that a group like AARP, purporting to represent the interests of retired persons, has offered not a peep of pushback to ZIRP, which has pounded retired people dependent on savings into penury. Of course, this might be explained by the pervasive racketeering feature of our current national life: AARP is an insurance racket masquerading as a citizen interest group. Or, stretching credulity to suppose that AARP is honest, perhaps the org’s executives don’t understand that zero interest on savings equals zero income to savers.
Kenneth Rogoff tries to justify his war on cash by invoking two of the era’s favorite bogymen: terrorists and drug dealers. Cash, he says, allows this axis of evil to do its thing(s). This is a ruse, of course. If currency is eliminated, these outfits will turn to gold and silver, it’s that simple. And so will everybody else, by the way. The real reason to abolish cash and herd all money into central banks is to permit the authorities to confiscate it one way or another, either by unavoidable taxation or by “bail-ins” — declaring deposits to be “unsecured loans” that can be repudiated in the event of a financial “accident.”
The results are already in for this experiment: “money” becomes more and more dishonest, that is, it cannot be trusted to represent what it pretends to stand for: an index of account and a store of value. Its role as the basis of capital formation is so impaired that real capital (i.e. wealth) cannot be generated, meaning that none of the credit issued as “money” will ever be paid back. Zero interest rate policy eventually equals zero interest paid. “Money” based on loans that won’t be paid back loses its legitimacy. Herding all the “money” onto central bank computers only allows for more three-card-monte maneuvers to conceal the bezzle. It would be much harder to hide the destruction of value in circulating paper currency. Eliminating currency as a medium of exchange can only lead to the repudiation of “money” — which will beat a quick path to the repudiation of all authority. And there is your recipe for really suicidal political disorder.
One more thing this week: why exactly are America’s Clinton-invested political elites inveighing so strenuously against Russia and its president, Mr. Putin? The US has gone out of its way to provoke Russia militarily the past several years. We foolishly sponsored the revolution in Ukraine that has left it a failed state — and which prompted Russia to reclaim the Crimea, historically its own territory and the site of its strategically crucial warm water ports. We continue to run NATO war game exercises along Russia’s borders. We fly surveillance planes in their airspace and then act surprised when Russia sends up fighters to remind us where we are. We hold naval exercises in the Black Sea and wonder why the Russians buzz us. Are we out of our minds? How would we act if the Russians flew their planes over Catalina Island or held naval war games off Hampton Roads? Who does the US policy elite think they’re kidding?
These memes in financial and foreign policy are dangerously crazy and dishonest. They are doing a good job of making the US political establishment look like a claque of fools and outlaws, and laying a red carpet for the election of Trump, the fake savior… the apotheosis of the fabled Greater Fool.
Idiocy and mendacity are a bad combo in the affairs of nations, especially in elections. The present case in the USA displays both qualities to near-perfection: on one side, a boorish pseudo-savior in zero command of ideas; on the other side, a wannabe racketeer-in-chief in full command of her instinctive deceit. Trump offers incoherent rhetoric in opposition to the current dismal order of things; Clinton offers empty, pandering rhetoric in defense of that order. Both represent an epic national drive toward political suicide.
The idiocy and mendacity extend to the broad voting public and the discredited elites pretending to run the life of the nation. The American public has never been this badly educated and more distracted by manufactured trivia. They know next to nothing. Even college seniors can’t name the Secretary of State or find Switzerland on a map. They don’t know in what century the Civil War took place. They couldn’t tell you whether a hypotenuse is an animal, a vegetable, or a mineral. Their right to vote is a danger to themselves.
The elites operate in their own twilight zone of ignorance, only at a loftier level, flying on wings of sheepskin. Submitted for your approval: Harvard wizard Kenneth Rogoff’s new book, The Curse of Cash. This is the latest salvo in the international campaign to herd all money into the control of central banks and central governments, supposedly to make central planning of the economy more effective — but really for the purpose of extending the fallacy that the mis-pricing of credit and collateral (that is, of everything) can save the current incarnation of crony capitalism, and more to the point, save the fortunes of the racketeers running it, along with the reputations of their intellectual errand boys. Henceforth, all “money” transactions would be traceable, allowing unprecedented power for authorities to regulate the lives of citizens.
It remains to seen whether the American public might be snookered into this scheme, which already has some traction in Europe. Of course, Europe is headed into some interesting political heavy weather of its own in the months ahead, and there is plenty of reason to think that even the docile people of Denmark and Sweden might eventually revolt against the central bank regime if they see the Germans do it.
Aggravating matters is the hyper-complexity of our current financial arrangements, much of it in the service of deliberately mystifying the masses. Does the public understand the rationale behind zero interest rate policy (ZIRP)? Not any more than they understand the interaction of gluons and quarks or the doctrine of the Holy Trinity. It is one of the abiding mysteries of our time, for instance, that a group like AARP, purporting to represent the interests of retired persons, has offered not a peep of pushback to ZIRP, which has pounded retired people dependent on savings into penury. Of course, this might be explained by the pervasive racketeering feature of our current national life: AARP is an insurance racket masquerading as a citizen interest group. Or, stretching credulity to suppose that AARP is honest, perhaps the org’s executives don’t understand that zero interest on savings equals zero income to savers.
Kenneth Rogoff tries to justify his war on cash by invoking two of the era’s favorite bogymen: terrorists and drug dealers. Cash, he says, allows this axis of evil to do its thing(s). This is a ruse, of course. If currency is eliminated, these outfits will turn to gold and silver, it’s that simple. And so will everybody else, by the way. The real reason to abolish cash and herd all money into central banks is to permit the authorities to confiscate it one way or another, either by unavoidable taxation or by “bail-ins” — declaring deposits to be “unsecured loans” that can be repudiated in the event of a financial “accident.”
The results are already in for this experiment: “money” becomes more and more dishonest, that is, it cannot be trusted to represent what it pretends to stand for: an index of account and a store of value. Its role as the basis of capital formation is so impaired that real capital (i.e. wealth) cannot be generated, meaning that none of the credit issued as “money” will ever be paid back. Zero interest rate policy eventually equals zero interest paid. “Money” based on loans that won’t be paid back loses its legitimacy. Herding all the “money” onto central bank computers only allows for more three-card-monte maneuvers to conceal the bezzle. It would be much harder to hide the destruction of value in circulating paper currency. Eliminating currency as a medium of exchange can only lead to the repudiation of “money” — which will beat a quick path to the repudiation of all authority. And there is your recipe for really suicidal political disorder.
One more thing this week: why exactly are America’s Clinton-invested political elites inveighing so strenuously against Russia and its president, Mr. Putin? The US has gone out of its way to provoke Russia militarily the past several years. We foolishly sponsored the revolution in Ukraine that has left it a failed state — and which prompted Russia to reclaim the Crimea, historically its own territory and the site of its strategically crucial warm water ports. We continue to run NATO war game exercises along Russia’s borders. We fly surveillance planes in their airspace and then act surprised when Russia sends up fighters to remind us where we are. We hold naval exercises in the Black Sea and wonder why the Russians buzz us. Are we out of our minds? How would we act if the Russians flew their planes over Catalina Island or held naval war games off Hampton Roads? Who does the US policy elite think they’re kidding?
These memes in financial and foreign policy are dangerously crazy and dishonest. They are doing a good job of making the US political establishment look like a claque of fools and outlaws, and laying a red carpet for the election of Trump, the fake savior… the apotheosis of the fabled Greater Fool.
Monday, September 05, 2016
Kunstler: A Pleasant Lull.
Kunstler: A Pleasant Lull.
A pleasant lull lies over the land where today fewer people labor honestly — and some labor gruelingly for too little — while a matrix of rackets sustains the illusion that our living arrangements have a future. Is Quarterback Colin Kaepernick on the minds of the millions moiling around their backyard barbeques? I applaud his refusal to stand for the national anthem, though not for the reasons he stated. Rather, because I’m sick of vulgar symbolism in a dark moment of a fraying culture that demands more than cheap talk and lame gestures.
In case you’re wondering, the reason we’re subject to all these repetitions of The Star Spangled Banner is not for love-of-country but something quite the opposite: the fear that its promises are empty. Ever wonder why every public official in the land has to wear a flag lapel pin? Should it be necessary for the president of the US to signal his devotion to duty? Wouldn’t we normally just assume this to be the case? No, it signals the widespread and generalized anxiety that the national condition is dire and that we don’t have the confidence or the clarity to face the challenges of the time. President Obama might as well wear a crucifix or a bulb of garlic in his lapel.
In this presidential election year especially, Labor Day serves as a sort of collective deep breath before the plunge into a season of political anguish. The number of potential voters disgusted with the choice between two clueless monsters of egotism must be epic. If WalMart held a sale on bullshit filters, they might stand a chance of turning a Q3 profit. Otherwise, expect economic performance to be increasingly frightening even if The New York Times and CNN continue to spin out tales of unicorns jumping rainbows.
Events, not personalities, are going to demonstrate where things are at in the late-stage techno-industrial crack-up at hand. The shamans at the Federal Reserve have exhausted their repertoire of incantations for levitating the financial markets and, more ominously, the value of the US dollar. The prankish god they serve has arranged things so that the very faith needed to sustain their illusory influence will run down the drain as November 8 creeps closer. They must be getting awfully nervous down at the Eccles Building.
The sudden bankruptcy of South Korea’s Hanjin Shipping Company [Link added by me.--P.Z.] ought to send shivers down the scaly spines of globalism’s cheerleaders. Fragility is everywhere in this unraveling network of gigantic, far-flung promises and obligations. The former middle class of America has lost its ability to absorb anymore smart phones or Kardashian brand Pure Glitz hairspray©. They’re pacing grooves in the faux hardwood floors of their McHomes through reams of unpayable bills trying to stave off the re-po squad while Grandma slips into a diabetic coma. These are the good folks who supposedly comprise 70 percent of the so-called economy, a.k.a. “consumers.” You can stick a fork in them — and maybe we’ll hear a few reports of that on Tuesday when the holiday barbeques smolder their last.
More concerning, though, are the conditions of the banks. When their true insolvency is revealed — which may coincide with the height of the election season — look out below. The bankruptcy of one measly shipping company will look like a zit on the ass of a diving blue whale as countless trade operations seize up for lack of confidence that they will ever be paid. Then what?
Then we are forced to pay attention to the actual dynamics now at work in the world. Or be driven crazy by our refusal to get with the program. I tend to think we’ll opt for the latter. We’re too unused to reality. We’d rather crash and burn than change anything about our behavior, or even our perception. Both Trump and Hillary are perfect avatars for this date with a hard landing. The disorder both of them are capable of inducing will be a spectacle for the ages.
A pleasant lull lies over the land where today fewer people labor honestly — and some labor gruelingly for too little — while a matrix of rackets sustains the illusion that our living arrangements have a future. Is Quarterback Colin Kaepernick on the minds of the millions moiling around their backyard barbeques? I applaud his refusal to stand for the national anthem, though not for the reasons he stated. Rather, because I’m sick of vulgar symbolism in a dark moment of a fraying culture that demands more than cheap talk and lame gestures.
In case you’re wondering, the reason we’re subject to all these repetitions of The Star Spangled Banner is not for love-of-country but something quite the opposite: the fear that its promises are empty. Ever wonder why every public official in the land has to wear a flag lapel pin? Should it be necessary for the president of the US to signal his devotion to duty? Wouldn’t we normally just assume this to be the case? No, it signals the widespread and generalized anxiety that the national condition is dire and that we don’t have the confidence or the clarity to face the challenges of the time. President Obama might as well wear a crucifix or a bulb of garlic in his lapel.
In this presidential election year especially, Labor Day serves as a sort of collective deep breath before the plunge into a season of political anguish. The number of potential voters disgusted with the choice between two clueless monsters of egotism must be epic. If WalMart held a sale on bullshit filters, they might stand a chance of turning a Q3 profit. Otherwise, expect economic performance to be increasingly frightening even if The New York Times and CNN continue to spin out tales of unicorns jumping rainbows.
Events, not personalities, are going to demonstrate where things are at in the late-stage techno-industrial crack-up at hand. The shamans at the Federal Reserve have exhausted their repertoire of incantations for levitating the financial markets and, more ominously, the value of the US dollar. The prankish god they serve has arranged things so that the very faith needed to sustain their illusory influence will run down the drain as November 8 creeps closer. They must be getting awfully nervous down at the Eccles Building.
The sudden bankruptcy of South Korea’s Hanjin Shipping Company [Link added by me.--P.Z.] ought to send shivers down the scaly spines of globalism’s cheerleaders. Fragility is everywhere in this unraveling network of gigantic, far-flung promises and obligations. The former middle class of America has lost its ability to absorb anymore smart phones or Kardashian brand Pure Glitz hairspray©. They’re pacing grooves in the faux hardwood floors of their McHomes through reams of unpayable bills trying to stave off the re-po squad while Grandma slips into a diabetic coma. These are the good folks who supposedly comprise 70 percent of the so-called economy, a.k.a. “consumers.” You can stick a fork in them — and maybe we’ll hear a few reports of that on Tuesday when the holiday barbeques smolder their last.
More concerning, though, are the conditions of the banks. When their true insolvency is revealed — which may coincide with the height of the election season — look out below. The bankruptcy of one measly shipping company will look like a zit on the ass of a diving blue whale as countless trade operations seize up for lack of confidence that they will ever be paid. Then what?
Then we are forced to pay attention to the actual dynamics now at work in the world. Or be driven crazy by our refusal to get with the program. I tend to think we’ll opt for the latter. We’re too unused to reality. We’d rather crash and burn than change anything about our behavior, or even our perception. Both Trump and Hillary are perfect avatars for this date with a hard landing. The disorder both of them are capable of inducing will be a spectacle for the ages.
Monday, August 29, 2016
Kunstler: Trending.
Kunstler cannot stand Hillary. You knew that. But the main question is: Are we on the brink of the "worst crisis since the Civil War"?
Kunstler: Trending.
Would fate permit it, the election of Hillary Clinton will be the supreme and perhaps terminal act in an Anything-Goes-And-Nothing-Matters society. Yet, even with the fabulous luck of running against a consummate political oaf, she struggles to get the upper hand, and she may land in the White House with the lowest voter turnout in modern history. And then her reward in office may be to dodge indictment for four years while the nation crumbles around her. This is the way the world ends: not with a bang or a whimper but with a cackle.
Imagine the scene following Hillary’s election. In order to salvage the last shred of its credibility, the Federal Reserve raises its overnight funds rate another quarter percent and crashes the last Potemkin semblance of a “recovering” economy, that is, the levitated stock markets. Tens of millions of retired individuals previously driven into them by zero interest rate policy are wiped out. Even more gravely, pension funds and insurance companies are destroyed, but not before their troubles trigger derivative contracts with big banks which then explode and expose the inability of counterparties to make good on their ends of the bet.
In a blind panic, the Federal Reserve reverses its policy in December, drops the Fed Funds interest rate back to 25 basis points and announces the grandest new round of “quantitative easing” (money printing) ever, while congress is coerced into voting for the greatest bailout of institutions the world has ever seen, along with a “one time” helicopter drop of a cool trillion dollars in the form of combined tax cuts and “shovel-ready infrastructure projects.” The media rejoices. The US Dollar tanks. Absolutely nobody wants US treasury bonds, bills, and notes. The pathetic remnant of the American middle class stares into the abyss. (If it looks hard enough, it sees the US government down there.)
We’re now living in the setup for this, treating the election shenanigans so far as just another sordid television entertainment. It’s more than that. It’s an engraved invitation to the worst crisis since the Civil War. The crisis may even feature events like a civil war with identity groups skirmishing around our already-ruined “flyover” cities just like the factions in Aleppo and Fallujah. Thank the “Progressive” Left for that. Believe me, history will blame them for chucking the idea of a unifying common culture onto the garbage barge.
And yes, for all our tribulations here in America, the rest of the world will be struggling with its own epic disorders. It remains to be seen whether they will lead to war as, say, the Chinese ruling party attempts to evade the crash of its own rickety banking system, and the inflamed millions of ruined “investors,” by starting a brawl with Japan over a few meaningless islands in the Pacific. Could happen. And, oh, is North Korea for real with its right out front nuclear bomb-and-missile program? What does the rest of the world plan to do about that?
You don’t even want to look at the Middle East. The grisly conflicts there of recent decades are just a prelude to what happens when the House of Saud loses its grip on the government. That will happen, and then the big question is whether Aramco can continue to function, or whether the critical parts of it end up damaged beyond repair as competing tribes fight over it. In any case, the world will begin to notice the salient fact of life in that part of the world: namely, that the Arabian desert, and much of the great band of arid territory on either side of it, cannot support the populations that mushroomed in the nutrient bath of the 20th century oil economy. And they won’t all be able to self-export to Europe either.
Speaking of that interesting region, around the same time Hillary sets up for intensive care in the third floor of the White House, the old order will be swept away across Europe. Farewell Merkel and Monsieur Hollandaise. Farewell to the squishy Left all over the place. Enter the hard-asses. You’d think if anything might unite that continent it might be the wish to defend secular freedom under the rule of law, but even that remains to be seen.
Yes, the world following 3Q 2016 is looking like one hot mess. If you remember anything, let it be this: the primary mission of your cohort of the human race is managing contraction. The world is getting wider and poorer again and the outcome everywhere will be determined by the success of people to manage their lives locally. The big things of this world — governments, corporations, institutions — are losing their traction and whatever we manage to rebuild will get done locally. In victory, Hillary may utterly cease to matter.
Kunstler: Trending.
Would fate permit it, the election of Hillary Clinton will be the supreme and perhaps terminal act in an Anything-Goes-And-Nothing-Matters society. Yet, even with the fabulous luck of running against a consummate political oaf, she struggles to get the upper hand, and she may land in the White House with the lowest voter turnout in modern history. And then her reward in office may be to dodge indictment for four years while the nation crumbles around her. This is the way the world ends: not with a bang or a whimper but with a cackle.
Imagine the scene following Hillary’s election. In order to salvage the last shred of its credibility, the Federal Reserve raises its overnight funds rate another quarter percent and crashes the last Potemkin semblance of a “recovering” economy, that is, the levitated stock markets. Tens of millions of retired individuals previously driven into them by zero interest rate policy are wiped out. Even more gravely, pension funds and insurance companies are destroyed, but not before their troubles trigger derivative contracts with big banks which then explode and expose the inability of counterparties to make good on their ends of the bet.
In a blind panic, the Federal Reserve reverses its policy in December, drops the Fed Funds interest rate back to 25 basis points and announces the grandest new round of “quantitative easing” (money printing) ever, while congress is coerced into voting for the greatest bailout of institutions the world has ever seen, along with a “one time” helicopter drop of a cool trillion dollars in the form of combined tax cuts and “shovel-ready infrastructure projects.” The media rejoices. The US Dollar tanks. Absolutely nobody wants US treasury bonds, bills, and notes. The pathetic remnant of the American middle class stares into the abyss. (If it looks hard enough, it sees the US government down there.)
We’re now living in the setup for this, treating the election shenanigans so far as just another sordid television entertainment. It’s more than that. It’s an engraved invitation to the worst crisis since the Civil War. The crisis may even feature events like a civil war with identity groups skirmishing around our already-ruined “flyover” cities just like the factions in Aleppo and Fallujah. Thank the “Progressive” Left for that. Believe me, history will blame them for chucking the idea of a unifying common culture onto the garbage barge.
And yes, for all our tribulations here in America, the rest of the world will be struggling with its own epic disorders. It remains to be seen whether they will lead to war as, say, the Chinese ruling party attempts to evade the crash of its own rickety banking system, and the inflamed millions of ruined “investors,” by starting a brawl with Japan over a few meaningless islands in the Pacific. Could happen. And, oh, is North Korea for real with its right out front nuclear bomb-and-missile program? What does the rest of the world plan to do about that?
You don’t even want to look at the Middle East. The grisly conflicts there of recent decades are just a prelude to what happens when the House of Saud loses its grip on the government. That will happen, and then the big question is whether Aramco can continue to function, or whether the critical parts of it end up damaged beyond repair as competing tribes fight over it. In any case, the world will begin to notice the salient fact of life in that part of the world: namely, that the Arabian desert, and much of the great band of arid territory on either side of it, cannot support the populations that mushroomed in the nutrient bath of the 20th century oil economy. And they won’t all be able to self-export to Europe either.
Speaking of that interesting region, around the same time Hillary sets up for intensive care in the third floor of the White House, the old order will be swept away across Europe. Farewell Merkel and Monsieur Hollandaise. Farewell to the squishy Left all over the place. Enter the hard-asses. You’d think if anything might unite that continent it might be the wish to defend secular freedom under the rule of law, but even that remains to be seen.
Yes, the world following 3Q 2016 is looking like one hot mess. If you remember anything, let it be this: the primary mission of your cohort of the human race is managing contraction. The world is getting wider and poorer again and the outcome everywhere will be determined by the success of people to manage their lives locally. The big things of this world — governments, corporations, institutions — are losing their traction and whatever we manage to rebuild will get done locally. In victory, Hillary may utterly cease to matter.
Thursday, August 25, 2016
It's easy to get caught up in the Trumpocalypse & forget to appreciate conservatives destroying each other over it pic.twitter.com/1JHsVcQnnP
— TBogg (@tbogg) August 25, 2016
The Republican Gomorrah moment is here, and the Democrats will be more united behind Hillary than the GOP behind Trump, but Tbogg shouldn't be too smug. E.g.,
.@DrJillStein Feminism is about de-militarization & assuring a just future for all. #JillNotHill https://t.co/eCAKBkDbef
— Green Party US (@GreenPartyUS) August 18, 2016
Not on Facebook but I'm asking progressives who are to ask ppl to vote for #JillNotHill 🌍🌻🍃☀️ #OurRevolution pic.twitter.com/sRlZujrkSH
— Lola's for Chocolate (@Ontheotherhand) August 25, 2016
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