Monday, January 04, 2016

Kunstler: Pretend to the Bitter End.

A very lengthy and informative forecast by Kunstler. One needn't agree with everything he says (I don't) to recognize there is a lot of value to what he says. In other words, he isn't wrong. My comments are interpolated with brackets.-P.Z.

Kunstler: Pretend to the Bitter End.

Forecast 2016

There’s really one supreme element of this story that you must keep in view at all times: a society (i.e. an economy + a polity = a political economy) based on debt that will never be paid back is certain to crack up. Its institutions will stop functioning. Its business activities will seize up. Its leaders will be demoralized. Its denizens will act up and act out. Its wealth will evaporate.

Given where we are in human history — the moment of techno-industrial over-reach — this crackup will not be easy to recover from; not like, say, the rapid recoveries of Japan and Germany after the brutal fiasco of World War Two. Things have gone too far in too many ways. The coming crackup will re-set the terms of civilized life to levels largely pre-techno-industrial. How far backward remains to be seen.

Those terms might be somewhat negotiable if we could accept the reality of this re-set and prepare for it. But, alas, most of the people capable of thought these days prefer wishful techno-narcissistic woolgathering to a reality-based assessment of where things stand — passively awaiting technological rescue remedies (“they” will “come up with something”) that will enable all the current rackets to continue. Thus, electric cars will allow suburban sprawl to function as the preferred everyday environment; molecular medicine will eliminate the role of death in human affairs; as-yet-undiscovered energy modalities will keep all the familiar comforts and conveniences running; and financial legerdemain will marshal the capital to make it all happen.

Oh, by the way, here’s a second element of the story to stay alert to: that most of the activities on-going in the USA today have taken on the qualities of rackets, that is, dishonest schemes for money-grubbing. This is most vividly and nauseatingly on display lately in the fields of medicine and education — two realms of action that formerly embodied in their basic operating systems the most sacred virtues developed in the fairly short history of civilized human endeavor: duty, diligence, etc.

I’ve offered predictions for many a year that this consortium of rackets would enter failure mode, and so far that has seemed to not have happened, at least not to the catastrophic degree, yet. I’ve also maintained that of all the complex systems we depend on for contemporary life, finance is the most abstracted from reality and therefore the one most likely to show the earliest strains of crackup. The outstanding feature of recent times has been the ability of the banking hierarchies to employ accounting fraud to forestall any reckoning over the majestic sums of unpayable debt. The lesson for those who cheerlead the triumph of fraud is that lying works and that it can continue indefinitely — or at least until they are clear of culpability for it, either retired, dead, or safe beyond the statute of limitations for their particular crime.

Of course it says something about the kind of society we’ve become that such racketeering has become so normative and pervasive, and that evading responsibility for its consequences has been elevated to a sort of enviable skill-set. In fact, the art of evasion has taken the place of what used to be called honor. We live in a low time that honors only low men. Ironically, we affect to admire only “superheroes” because it has become impossible to imagine mere humans showing courage, fortitude, and respect for truth. All conduct is provisional and equivocal. Every law can be parsed to serve what it was created to oppose. Anything goes and nothing matters.

In this year’s go-round, I’ll try to describe what happened so far, where we stand, and where I think things are going. My method is emergent and heuristic. I’m allergic to charts and graphs, which are among the prime tools of the racketeers and the wishful thinking impresarios for bending the truth. Sadly, also, statistical analysis plays into the fantasy that if you can measure enough things you can control them. (And if you mis-measure things on purpose, you can pretend to be in control.) This illusion of control is the weakest ingredient in the financial system. When it does finally reach failure mode, it tends to produce calamity.

I’m more interested in the longer view than the moment-at-hand. The swirl of events generally includes more vectors and factors than any calculus can manage. Outcomes easily slip away from the linear. Ultimately this is a exercise that might be called a history of the future — that is, just a story.

Banking and Markets

The big event of the year past was the Federal Reserve’s Waiting for Godot act concerning the fed funds rate. When Godot finally showed up two weeks before year’s end, it was in the expected-but-pitiful form of a 25-50 basis point hike — which gives the impression of a possible 50 point rise, but with the way more likely probability of actually sticking to the lowest end of the gradient (and actual overnight lending rates were already a few basis points above zero, so the net was really less than 25 basis points.)

The background of this charade was pretty clear to anyone not brain damaged from the rigors of playing Candy Crush on their phone: the Fed was hiking rates into a wobbling global economy; they were forced to act at year’s end or surrender the last shreds of their credibility (i.e. being taken to mean what they say); and they left the door open to retreat in 2016 if necessary. But the damage to the Fed had already been done. They were unmasked as a propaganda machine powerless against the real tides of economy, creating only mischief and misunderstanding, and ultimately undermining all soundness in the relationship between money and real human activity. Anything they do in the election year ahead will be viewed with suspicion, specifically of pimping for Hillary Clinton’s coronation. And her relationship with the biggest banks is well-understood. So they had to make their grand gesture in December.

The stock markets skidded a little below sideways this year (except for the Nasdaq) which glided up more than 5 percent (techno-grandiosity rules!) — with one upchuck at the end of the summer that was remedied by China bailing out its own janky stock markets and playing games with its currency.

Gold and silver continued their four-year swoon thanks to repeated massive wee hour dumps of futures contracts before the traders in New York even got out of bed. The charts conclusively show this shady activity, raising the question: why would any seller want to hugely undercut the price of what he seeks to sell by selling into a market where no buyers are present… or even awake? The answer seems to be: to make the dollar appear more firm than it really is.

The many years of ZIRP (zero interest rate policy), combined with the previous accumulation of debt unlikely to be paid back has made it ever more difficult to issue new debt with any likelihood of being paid back. But ZIRP has also nullified the relationship between interest rates and risk. In a system unencumbered by central bank interventions, interest rates would have to go a whole lot higher on instruments with such poor prospects. Of course, higher interest rates would only make new bonds that much less likely to be serviced by their issuers, especially governments laboring under Himalayan-scale debt loads. The tension in this equation has been provisionally papered over by the use of interest rate swaps, reverse repos, and other abstruse machinations and derivatives aimed at suppressing true price discovery.

The corporate stock buyback fiesta of 2015 was the perfect example of an anything goes and nothing matters ethos. It happened in full view of everyone, and it happened solely to assure corporate executives that they would enjoy their bonuses and fringe benefits and nobody complained about it. Even so, it barely accomplished anything index-wise. The markets went sideways even with all that insider action because the fundamentals suck and the global economy was obviously sinking into a deflationary contraction.

My auditors derive no end of mirth from my attempts to predict the stock markets each year. So, to add to their enjoyment, I’ll be even more precise this time around. I predict that the S & P will top on January 15, 2016, at 2142, and then crumple below 1000 by June. Carnage at the margins of the bond market — high yield paper — will spread to the center and we’ll finally see the re-pricing of risk back in the European sovereign market. French, Spanish, UK, and Italian 10-year paper below 2.0 percent? What a colossal joke that’s been! Fasten your seat belts and check your pension funds.

Oil and Deflation

The oil picture has bamboozled both the broad public and the smaller cohort of supposedly sentient observers. I maintain that the deflationary contraction underway worldwide is largely due to the fact that the world has run out of a particular form of oil: affordable oil. Turns out the peak oil story is still true, just playing out differently than a lot folks predicted. We’re at the mercy of a pretty basic equation: oil over $75-a-barrel destroys industrial economies; oil under $75-a-barrel destroys oil companies. There is no “just right” Goldilocks place on the gradient.

The public got bamboozled by the Ponzi scheme of shale oil. It seemed like a fabulous techno-rescue: the “fracking miracle!” It operated by converting mountains of cheap leveraged capital into a very rapid bump-up in US oil production. It got full traction after a couple of years of $100 oil squashed economic activity — and then squashed demand for oil. Whoops. The problem was that shale oil was very expensive to produce even if reduced demand drove the market price very low. Back at $100-plus a barrel, hardly anyone made any profit on shale. At $40 a barrel shale was a laughable loser. So, in 2015, the shale oil companies laid off thousands of workers, idled the drilling rigs, and kicked back to pray that the price would go back up. Which it didn’t. Incidentally, all kinds of associated ventures went bust with that. The landscape of North Dakota is littered with unfinished garden apartment complexes that may never be completed, and the discharged construction carpenters and roofers drove back to Minnesota ahead of the re-po men coming for their Ford F-110s. Sad, I know….

The rapid ramp-up in shale oil production from 2010 to 2014 was intended as a demonstration project to convince Wall Street to stuff ever more investment capital into oil companies. It was also part of an enormous PR campaign to allow the people running things in business and government to pretend that America’s oil problems were behind us. The “shale miracle” was going to make us “Saudi America,” It was going to boost us into “energy independence.” It played into the Master Wish beneath all the wishful thinking in America: Please, God, let us be able to drive to WalMart forever. It wasn’t so much an evil conspiracy as a feckless collective effort in denial and self-delusion

It happened that a lot of that Wall Street finance came in the form of high-yield (junk) bonds issued by the oil companies — with fat commissions for the big banks to cream off in creating the bonds. So when the price of oil crashed below $50, a lot of oil companies — especially the smaller ones with no cash flow — couldn’t service the interest payments. What lies ahead in 2016 is a debacle of bond defaults and corporate bankruptcies in the US oil patches. What’s more, because of the peculiar geology of shale oil and the rapid depletion of the fracked wells, it is necessary to incessantly drill and frack new wells to keep production even level, let alone rising. That calls for evermore rounds of new financing. But since the current financial obligations can’t be serviced, new financing will not be not forthcoming. And so neither will additional production. All of which means that shale oil production is going to crash in 2016 when the backlog of previously-drilled but untapped wells runs out. I’ll predict that US oil production will go down a million barrels a day before 2017. That includes the roughly 5 percent annual decline of conventional oil.

Some might suppose that such a crash would drive prices back up again as the supply necks down. There are a couple of problems with that supposition. One is that the previous round of $100-plus oil did a lot of permanent damage to the economy, in particular to small businesses and households (i.e. middle-class workers). That damage looks more and more permanent, meaning a smaller aggregate economy and still-shrinking demand base as businesses and citizens go broke and stay broke. If oil prices do return to a level that would justify exploration and production of expensive, hard-to-get oil, (probably north of $110) it will only crash industrial economies again — and there are only so many times this can happen before the system is so damaged recovery is no longer possible. Another problem is that the oil price crash has done significant damage to the oil industry itself, including its credibility as a viable target for investment. Contrary to hopes and expectations, current low oil prices are doing nothing to re-stimulate economic activity. It all has the look of a self-reinforcing feedback loop, a downward spiral in a global complex networked system getting clobbered by the diminishing returns of its principal activities.

Hence I would predict that the price of oil will fall further in 2016, below the $30 mark, and that it will lead to more carnage in the oil industry, in banking and debt defaults, and to new manifestations of geopolitical trouble that could lead to profound oil scarcities and rationing. We can’t seem to face the fact that our techno-industrial paradigm was designed to run on cheap oil, which is just no longer available.

Geopolitics

People are getting very nervous. They can’t help harking back a hundred years to the mysterious lead-up of the First World War, which brought an end to the first iteration of globalism with a bang. The great nations of 1914 just seemed to get haplessly drawn into a debacle that no one had bargained for — the slaughter of the trenches, bankrupted national treasuries, the fall of three dynasties, the rise of the fascists and Bolsheviks… ugh!

Many people with more than half a brain are seeing similar motifs today — a general movement toward major war by way of sheer fecklessness. For instance, the ongoing effort led by the USA to antagonize Russia for no apparent good reason, dragging the dupes of NATO along with it. I won’t rehash our stupid operation to destabilize Ukraine. David Stockman covered that so nicely last week in his blog. Anyway, that Ukraine action was all back in 2013-14. Ukraine is now a failed state. I predict that in 2016 Ukraine will beg Russia to take it back into the Russian sovereign fold, to become once again a province of greater Russia. However, Russia will demur. Russia actually can’t afford such a woebegone, unreliable, and expensive ward. So Ukraine will then go begging back to the US and NATO to dole out financial life-support. By that time, the US and western Europe will be so economically distressed that they will only pretend to bail out Ukraine, just as they pretend to bolster their own economies via smoke-and-mirrors central bank shenanigans. Ukraine will sink into a World Made By Hand level of neo-medievalism, blazing the trail for everybody else in the world. Think: lawlessness, banditry, gangster autarky, neo-serfdom. Sounds harsh, I know, but it is what it is.

In 2015 the action between the US and Russia shifted to Syria. Our monumental blunderings in the Middle East, which included enabling the creation of ISIS, left us bereft of any coherent way to counter the barbarism and animus of radical Islam. So, our “adversary” Mr. Putin stepped in, on the premise that destabilizing what remains of the Syrian government under Mr. Assad was not such a good idea — as he explained very clearly to the UN General Assembly. It remains to be seen whether Russia will be able to pacify Syria, much of which lies in ruins now. But unlike the USA, Russia doesn’t have ambivalent intentions where ISIS is concerned. We’ve pretended that any old freelance gang opposing Assad is our friend. Russia’s aims are pretty straightforward: prop up Assad, rescue whatever governing institutions remain in Syria, and smash ISIS. In exchange they get a warm-water naval base on the Mediterranean. That’s supposed to be an existential threat to the USA.

The basic regional beef there, anyway, is between the Sunni and the Shi’ite, which is to say Arabian-sponsored Islamic maniacs versus Persian-sponsored Islamic maniacs. Unfortunately, that translates into the Saudi Arabia / USA and Iran / Russia contest of wills. Throw in some league wild-card players like Hezbollah and Israel and you have a pretty yeasty mix for rising animosities. Sadly, the US can’t seem to formulate a strategy that doesn’t make things worse for people in the region or for the US homeland (or for our allies in Europe, plagued by refugees they cannot comfortably absorb and the awful threat of terror events).

I expect in 2016 that Obama’s policy will be to just get out of the way of Putin and see what happens. He doesn’t have much left in the kit-bag for now. The worst thing to come out of this for Obama, really, is if Putin can succeed in pacifying Syria, America’s leaders will look bad — incompetent and foolish — which is the actual case, of course. Maybe sometimes you just have suck up your mistakes. Much as Obama dislikes Hillary, I doubt he wants to upend the whole groaning Democratic Party Washington DC patronage pyramid, so he might be careful to not start World War Three during the election year. He can leave that to Hillary, should her coronation actually occur on Jan 20, 2017.

Anything might happen across the Islamic world in 2016. Every Islamic nation is grossly overpopulated, given the poor quality of the terrain. Most of them occupy territory that has been horribly degraded during the population explosion of the past hundred years, and stand to suffer hugely from climate and weather abnormalities ahead. Governments will fall and may not be replaced by anything resembling a coherent polity. Algeria, Libya, Egypt, Iraq (fuggeddabowdit), Pakistan, Malaysia, Indonesia are all only marginally stable for now. Afghanistan is hopeless. We will never control the terrain or the people who live there. But we will continue to maintain a garrison to defend Kabul, pretending that control of the capital city is enough.

And then there is the Big Kahuna: Saudi Arabia, with its dwindling oil income and growing multitude of dependant layabouts. King Salman’s misadventure in Yemen’s civil war has birthed another failed state and dented Saudi Arabia’s resources. If the other clans of Arabia, whoever they turn out to be, overthrow Salman, they will also create an opening for ISIS-flavored non-royals to incite a multi-dimensional civil war. An upheaval in KSA would surely produce profound disorder in the oil markets. The USA would get suckered into this tar-pit wrestling match. The attempt to stabilize our old “ally” with troops on the ground would probably work out about as well as our adventure next door in Iraq did. The further result will be more conflict in this broad swathe of the world over remaining scarce resources, especially water, along with hot war at various scales, and ever more massive movements of populations fleeing the turmoil. If they journey to Europe, they will be turned away. The Camp of the Saints becomes a reality show.

Turkey, with the second-largest military in NATO, could have been a force for stability in the Middle East, but strongman President Recep Tayyip Erdo?an can’t get out of his own way. He can’t decide whether he’s on the side of the Islamists or the West and his attempts to play footsie with both, while piling up private booty, have left him suspect among both camps. Lately he has ventured into such misadventures as shooting down a Russian warplane and receiving stolen goods in the form of ISIS oil shipments from Syrian and Iraqi wells. He was unable to enlist NATO into joining the argument over Turkish airspace and has fatally alienated his western auditors by his actions. He’s lucky that Putin didn’t turn Ankara into an ashtray. The Kurds on Turkey’s southern border threaten to start a civil war by asserting their own nationhood, now just de facto. Meanwhile, the Turkish economy is faltering again, reinforcing its longtime status as “the sick man of Europe.”

Europe’s decades as the West’s delightful tourist theme park are over. The continent is back to being a dangerous free-for-all of nations, tribes, and factions, with the overlay of alien Islamic intruders making things worse. Who knows who or what will blow up next over there. When it becomes obvious in 2016 that the 2015 refugee influx was not a one-off that the Eurozone could comfortably absorb, the individual nations will commence the deportations. Getting to that has been a difficult road, with the headwind of the memory of the Holocaust. But then, unlike the Jews of the 1930s, the Islamists are slaughtering concert-goers, booby-trapping subways, shooting civilians in restaurants, beheading journalists, and explicitly threatening the existence of European society. This business with Islam is different and we are now four generations past Auschwitz. Europeans may just have to get real about defending their respective and collective cultures.

2016 will be the lead-up to the French presidential election of 2017. François Hollande has the whole of the coming year to demonstrate his weakness. But can the French stomach Marine Le Pen’s demi-fascist National Front. The French right wing is not for reduced government, just for pushing people around differently. As 2016 goes on, look for good ole Sarko (Nicolas Sarkozy) to flank them both. Sarko is a bit crooked, but as strong-willed as Le Pen, and not as crazy. French voters will be fed up Hollande-style squishiness, but unready for a female Hitler. Sarko is the Devil they know and they will want him back.

The same election time-line goes for Germany. Voters there will increasingly revolt against what Mutti Merkel represents: how she jammed a million Islamic refugees down Europe’s craw. They’re not shopping for another Hitler, either, but they will be looking for a strong-willed someone to protect the volk against the foreign hordes, of whom they are getting good and goddam sick. There is also the matter of Germany baby-sitting all the bankrupt nations to the south.


As 2016 unfurls, the PIIGS will spin back into financial intensive care. Spain, Italy, Portugal, Greece will eventually have to face the absence of buyers for their bonds and the falsity of their low interest rates. Spain, for one, is not finished with the Catalonian secession problem. Portugal needs to return to the 18th century. The clowns in Brussels have no plan to repair the finances of Euroland beyond massive QE that cannot be endless. Whoever replaces Merkel as chancellor may be the one who senses that Germany ought to lead the way out of the Euro currency fantasy and all the awful liabilities it entails.

Great Britain is a basketcase in search of a basket to land in. It has no economy left besides the swindlers of “the City,” its version of Wall Street, and that janky establishment is losing its grip as a desirable financial capital after years of sharp practice, with much of its action moving to Shanghai. Conservative Prime Minister David Cameron is a catamite for the big banks. The Labour Party leader, Jeremy Corbyn is an old-school romantic unionist Leftie in a nation with little remaining industrial workforce. Unlike France or Germany, Britain’s parliamentary system can route a government on short notice. The debt implosion of 2016 and rescheduled Great Depression 2.0 will thrust UK Independence Party’s Nigel Farage into the spotlight to salvage what remains of Old Blighty.

The big question around Asia is whether China can navigate its way out of the blind alley it’s trapped in: a banking system steeped in crony corruption, bad debt everywhere, and malinvestment like unto nothing the world has ever seen before. The country is choking on excess industrial capacity just as the world enters its epic Peak Everything contraction. Can they keep on pumping out salad shooters and Han Solo dolls to a world drowning in plastic crap and too broke to buy more of it? They still have $3.4 trillion in foreign exchange reserves to theoretically bail themselves out. But that starts affecting the value of their pegged currency, and their main trading partner (us) can play endless currency war games with them to dissuade them from dumping the rest of their accumulated US treasury paper, which, of course, only pisses them off more and makes them look for surreptitious ways to fight back — which is what currency war is all about. Which is also exactly why China (with Russia and others) has started up its own Asian version of the IMF, the BRICs Development Bank, and an alternative to the SWIFT international clearing system.

Chinese economic and financial statistics are even less reliable than the overcooked sludge offered up by the US agencies, but the tanking of commodity prices worldwide tells enough of a story: China is sure not expanding as much as the good old days, if at all. It’s been a great ride, but it was super-quick, and it happened just prior to the world reaching the bona fide limits to growth. China’s contraction may be as quick as its rise, and if that is the case, it will be rough ride into the same vortex of contraction that everybody else is entering.

My one wild-hair prediction about China for 2016: after Kim Jong-Un pulls some bonehead move against his neighbor to the south, China invades North Korea and installs a more rational management regime there. Kim Jong-Un ends up as a lounge singer in Macao. Lucky boy.

Homeland Frolics

Be very afraid. Donald Trump isn’t funny anymore. He’s Hitler without the brains and the charm. [Not quite.--P.Z.] But he’s gotten where he is for a reason. He expresses perfectly the depravity of the culture he springs from: narcissistic, morally rudderless, vulgar, shameless, lost in fantasy, and sadistic. Hillary (last name unnecessary) is not much better, but she’s not nearly as dumb, only more thoroughly corrupt. These are the avatars of our two major political parties. Be very afraid and weep!


The good news is that political parties do occasionally blow up and vanish from the scene, and that would be an interesting possible outcome of the 2016 national elections. Trump could accomplish this much more briskly with the Republicans. He’s made it clear already that he feels zero loyalty to the Red Team, and noises offstage can be heard that the party faithful would find some way to either expel or end-run the Donald Creature. Given our litigious society, one outcome of this would be an election held hostage by the courts. Oy vey is mir. Another possibility is that a message would be transmitted to the Trump Team from some combination of rogue elements in the NSA and the US Military that he’d better drop out or else. It would be done in such a way that Trump would not be able to use it for further narcissistic grandstanding. Were that not to happen, and were Trump somehow able to get elected, I predict there will be a coup d’état against him inside of April 2017. Hello constitutional crisis. Where it might go from there, no one can say.


Of Trump’s opponents for the Republican nomination, the only one I can grudge up any interest for is Rand Paul, who is a truly disruptive figure without being a maniac. In fact, I think he would make a good president, sober, thoughtful, unencumbered by obligation to the forces of racketeering. But he appears to have a near-zero chance of winning the party’s nomination.


Hillary is the opposite of a disrupter; she is the racketeer Godmother. As things proceed, however, she would merely preside over Great Depression 2.0. Unlike FDR in GD 1.0, Hillary would inspire no trust among a fractious population out for revenge against the very enablers of Hillary’s election, namely the Wall Street bankers. The nation would fall into factional fighting and possibly even regional breakup under Miz It’s-My-Turn. But I get ahead of myself…. The question at hand for 2016 is: Can Hillary be stopped. At this point, I don’t see how, given all the weight of the party machinery calibrated in her favor by the equally odious National Party Chairperson, Congressperson Debbie Wasserman Schultz.

Bernie Sanders mounted a noble opposition campaign, and perhaps it is too early to write him off here before the Iowa caucuses and the New Hampshire primary. Perhaps something can happen and he can at least slay the candidacy of Rodan the Flying Reptile – my other nickname for the Hillary Creature. Apart from that is my basic aversion to Bernie’s political philosophy as a self-proclaimed “socialist.” I know it sounds like a glib dismissal of a cartoonish political label, but Bernie’s self-applied label implies ever more intrusion by ever bigger government into the life of this nation. History wants to take us in another direction now, away from so much hyper-centralized control, and we go against the flow at our peril. While I admire Bernie’s presence as a vocal opposition to Hillary, I’m not keen on what he’s actually selling.


I know that Martin O’Malley is still “out there,” but he appears to be a blank cartridge, or a six-pack in search of worldview, and I don’t believe as some observers have averred that this is the fault of the media. In the few Democratic “debates” held last fall he offered next to nothing outside a conventional punch-list of shopworn center-left ideology — that is, no recognition of the extraordinary problems this country faces in the climax of the techno-industrial idyll, and the long emergency that is following it.

[Cf. --P.Z.]

And that’s all you get on the Democratic side for the moment: a powerful sense that the fix is in. Yet there is the very real problem of Hillary’s loathsomeness and how that would go down at the polls. There’s even a pretty good chance that many women would vote against her. So my provisional conclusion / prediction for the November contest is that Hillary runs and loses against some as-yet-unknown un-Trump person. President Cruz? Ach! Rubio? Back in the playpen! Christie? Leave the body, take the canoli…! Jeb? El pendejo supremo! To be continued….

Race Relations and the Cowardice of the Thinking Classes

2015 was sure a bad year for different groups of Americans trying (or not) to get along, especially black people and white people. American society is feeling the full force of the identity ideologies cooked up on the college campuses over the past several decades, now boiling over into an orgy of victim-pleading, identity grandstanding, sexual hysteria, scapegoating, intellectual despotism, juridical blackmail, and (let’s not forget) careerist posturing. The more irrelevant higher education gets, the more strenuously the social justice inquisitors mount their persecutions against those who don’t buy the race-gender-privilege party line. In 2015 it has morphed into a campaign against free speech and free inquiry. The “diversity” deans multiply like fruit flies.

I made the “error” last year of suggesting that black Americans would benefit if the teaching of spoken English were made a high priority of primary and secondary schooling — and I was vilified for saying that. My opponents have not offered any useful counter-ideas beyond name-calling. I suspect that many people of good intentions are running out patience with this racket — and it is a racket for extorting preferential treatment and money from guilt-tripped white people.

In the arena of crime and policing, the situation is especially bad. Black lives matter, but not so much for black people themselves, who are ardently slaughtering each other in places like Baltimore, St. Louis, Detroit, Milwaukee, and “Chi-raq” at a rate proportionately much greater than other ethnic groups in the land. The martyrs of the movement act in ways likely to get them in trouble, for instance the hapless 12-year-old Tamir Rice, shot brandishing a BB gun designed to look exactly like the US Army 1911 issue .45 caliber ACP, Michael Brown thugging out on officer Darren Wilson, Trayvon Martin beating down George Zimmerman. The cops present at several notorious incidents include black officers; a black female sergeant who was supervising the action on the sidewalk in Staten Island when her colleagues choked Eric Garner. (she did nothing to intervene); the several black policemen in Baltimore who took Freddy Gray on his fatal ride in the paddy wagon. It’s a scene fraught with ambiguity, to be generous.

Where are we going with race relations in this country? For now, not in a favorable direction. The trend will be for police to regard certain neighborhoods as “no-go” areas — if only to avoid the gigantic multi-million dollar litigations that grow out of these ambiguous confrontations. Some may view that as a good thing, but it will only play into the decadent ethos that anything goes and nothing matters in this country. The larger question going forward is whether Black America will continue to insist on being an oppositional culture. That is what it has become, though the cowed thinking classes will not acknowledge it. They also will not recognize the need for a common culture in this nation, a set of truly shared values and standards of conduct.

[Kunstler is out of touch with blacks and should read about these issues, and more important, talk with black people.--P.Z.] [Update: I found this video--please excuse all the F words--that makes a good point about Tamir Rice being in an open-carry state:
Redneck goes off over Tamir Rice..White peoples can stop RACIS...

Redneck goes off over Tamir Rice.... White peoples can stop RACISM if they start to been honest about it

Posted by Allstarzdjs on Saturday, January 2, 2016
--P.Z.]

Climate Change

This is the underlayment of despair that reflective persons cannot avoid thinking about when all the other petty issues of human relations and the project of civilization are disposed of. Weird weather? Biblical Floods? Melting icecaps? Sea level creep? It was 70 degrees on Christmas Eve here in upstate New York, dandelions blooming in the yard, just a week or so ago. Some people I know can’t stop thinking about climate change. Somehow I manage to put it out of mind and ruminate on other things, or even feel good about something that is happening in the present — a good meal, a gathering of friends, an evening of live music…. but it’s always lurking there in the background like some hooded reaper in a New Yorker cartoon.

Despite the hoopla of the Paris climate change talks, I’m not persuaded that national governments will really do anything, or even that anything they might do would avail to make things better. I’m not even so concerned about whether climate change is man-made or not. I just accept that something is up and that as things change, we will have to adjust. It seems to me that the adjustment will not be easy and five hundred years from now there will be far fewer human beings, if any, around. From the point of view of the planet’s well-being, that is probably a good thing.

In the mean time, let’s do the best we can to carry on and be as kind as possible to one another. Good luck in 2016!

Sunday, January 03, 2016

Making A Carrot Halva

Last night I decided to use up a two-pound bag of (pre-peeled baby) carrots and some milk by making gajar-ka-halva. It's a carrot halva, or pudding. I had to grate all the individual baby carrots, which was the hardest part. The next step was cooking the carrots in milk and two cardamom pods till it all came to a boil, then reducing the heat to medium until the milk was cooked away. That took about forty-five minutes. I then added ten tablespoonfuls of vegetable oil and fried the carrot mixture for thirty to forty minutes. This required constant stirring and folding. I added three tablespoonfuls of sugar and let the halva cool. This is the first time I've tried the recipe and it turned out well. I'd recommend against actually buying pre-peeled baby carrots, because grating them is very laborious. Should you want to try the recipe, it's in An Invitation to Indian Cooking, by Madhur Jaffrey (New York: Vintage, 1973/1975).






Saturday, January 02, 2016

The Month of Janus

January derives its name from the two-faced god of beginnings and endings, and of portals. In this month we look back and ahead. In March this blog will mark its tenth anniversary. Instead of a retrospective of 2015, I have to think about a retrospective of this decade. Hattie observed her blog's tenth anniversary last fall, and Nancy Nall's fifteenth anniversary of blogging is drawing close. Social media gets the glory now, but blogs allow for posts to be as long or short as the blogger likes. More soon.

Friday, January 01, 2016

Happy New Year!

Last night's New Year's party: lots of firecrackers and watching lots of aerial fireworks. I went home at 12:45, went to bed at 1:30, and awoke at 8:30. More later.

Thursday, December 31, 2015

Only in Russia

Another Paper Ends Print Publication.

The McKeesport (PA) Daily News ceases publication today. Despite this, many print papers continue, and some even originate from websites. The local example is The Big Island Chronicle, a monthly from the blog of the same name. (It would be nice if one could find a copy in Hilo.)

Happy New Year!

Auld Lang Syne.

A hectic year draws to a close. But I had a lot of fun nevertheless.

Wednesday, December 30, 2015

Even when I disagree with him (he disliked Straight Outta Compton; I liked it), Armond White is on the money. Same thing with John Simon.



Various Links


An article on Fadumo Dayid, Somalia's first female presidential candidate, who is mounting her campaign from Scandinavia.

An update on Linda Lingle.

A VA clinic opens for transgender veterans.

On how the role of the editor has changed over time.

An article on techno-skepticism.



(Remember that Marco Rubio was part of the first wave of Tea Party politicians (2010) elected to the Senate. Cruz is part of the second wave (2012). And they have different personalities; Cruz loves mixing it up.)

George Pataki drops out of the presidential race. Now there are only eleven major Republican candidates.

31 December update: RedState: George Pataki Fades Away.

He pledged to reduce taxes on manufacturers, cure cancer and Alzheimers (I am not making that up), and a more muscular US foreign policy. He was sort of the big government, socially liberal, technocrat that the Republican parties in the Middle Atlantic states and the Northeast churn our by the thousand.


Tuesday, December 29, 2015

Your Hit Parade of Christmas Eve, 1955.

I promised Hattie a few weeks ago I'd check out Your Hit Parade and this seems to be representative.



Various Links on Peak Oil and Urban Planning









Various Links

Another pernicious effect of the Star Wars juggernaut.

Jill Stein, Green presidential candidate, appeared recently on The Young Turks.





Monday, December 28, 2015

Lemmy Dead.

Lemmy dead.

Kunstler: Questions and Answers.

Kunstler: Questions and Answers.

The really big item in last night’s 60-Minutes newsbreak was that the latest Star Wars movie passed the billion dollar profit gate a week after release. That says just about everything you need to know about our floundering society, including the state of the legacy news media.

The cherry on top last week was Elon Musk’s SpaceX company’s feat landing the first spent stage of its Falcon 9 rocket to be (theoretically) recycled and thus hugely lowering the cost of firing things into space. The media spooged all over itself on that one, since behind this feat stands Mr. Musk’s heroic quest to land humans on Mars. This culture has lost a lot in the past 40 years, but among the least recognized is the loss of its critical faculties. We’ve become a nation of six-year-olds.

News flash: we’re not going Mars. Notwithstanding the accolades for Ridley Scott’s neatly-rationalized fantasy, The Martian (based on Andy Weir’s novel), any human journey to the red planet would be a one-way trip. Anyway, all that begs the question: why are we so eager to journey to a dead planet with none of the elements necessary for human life when we can’t seem to manage human life on a planet superbly equipped to support us?


Answer: because we are lost in raptures of techno-narcissism. What do I mean by that? We’re convinced that all the unanticipated consequences of our brief techno-industrial orgy can be solved by… more and better technology! Notice that this narrative is being served up to a society now held hostage to the images on little screens, by skilled people who, more and more, act as though these screens have become the new dwelling place of reality. How psychotic is that?

All of this grandstanding about the glories of space goes on at the expense of paying attention to our troubles on this planet, including the existential question as to how badly we are fucking it up with burning the fossil fuels that power our techno-industrial activities. Personally, I don’t believe that any international accord will work to mitigate that quandary. But what will work, and what I fully expect, is a financial breakdown that will lead to a forced re-set of human endeavor at a lower scale of technological activity.

The additional question really is how much hardship will that transition entail and the answer is that there is plenty within our power to make that journey less harsh. But it would require dedication to clear goals and the hard work of altering all our current arrangements — and giving up these childish fantasy distractions about space and technology

Dreaming about rockets to Mars is easy compared to, say, transitioning our futureless Agri-Biz racket to other methods of agriculture that don’t destroy soils, water tables, ecosystems, and bodies. It’s easier than rearranging our lives on the landscape so we’re not hostage to motoring everywhere for everything. It’s easier than educating people to both think and develop real hands-on skills not dependent on complex machines and electric-powered devices.

But we’re not interested and that is why we’re going to be dragged kicking and screaming into a very different future, not riding rockets to the new mall on Mars. I’m not religious, but maybe there is something like Providence at work foisting all these space fantasies on us at the very end of the year, allowing us to get all this stupid shit out of the way so we can prepare for the banking and political tribulations to come in 2016. Speaking of which, next week I will publish my forecast for the twelve-month roller-coaster ahead. Happy New Year, one and all.

Saturday, December 26, 2015

Still Christmas

Busy, busy, busy has been this year. I'm already looking toward the New Year to simplify things. But we're still observing Christmas. We took some belated gifts to friends and neighbors today, and I have a few more gifts and cards to send. Christmas Eve shopping at the Prince Kuhio Plaza is not as crowded as it seems. A large space, part of which was a surfwear shop, will reopen next year as an Old Navy. I went first to Hot Topic, then Hallmark, and finally the pop-up calendar shop toward the women's section of Macy's.

Remembering what the Plaza was and what it is now, I don't feel enticed to roam and shop for hours. This is a mall that once had a Waldenbooks, a Tempo Music, etc. What is your impression of the Plaza then and now?



Thursday, December 24, 2015

Wham!: "Last Christmas."





Christmas Eve Twitter Assemblage



(No thanks, Grinch.)

























Kunstlercast 273: Chuck Marohn

Kunstlercast 273: Chatting With Chuck Marohn of StrongTowns.org.

Monday, December 21, 2015

Kunstler: Christmas Present.

Late-breaking news: Trifling presidential candidate and inveterate interventionist Lindsey Graham is giving us a present by dropping out of the race. Expect more of the grade Z GOP contestants to take down their stockings in the next few months. Now, here's Kunstler:

Kunstler: Christmas Present.

Theory du jour: the new Star Wars movie is sucking in whatever meager disposable lucre remains among the economically-flayed mid-to-lower orders of America. In fact, I propose a new index showing an inverse relationship between Star Wars box office receipts and soundness of the financial commonweal. In other words, Star Wars is all that remains of the US economy outside of the obscure workings of Wall Street — and that heretofore magical realm is not looking too rosy either in this season of the Great Rate Hike after puking up 623 points of the DJIA last Thursday and Friday.

Here I confess: for thirty years I have hated those stupid space movies, as much for their badly-written scripts (all mumbo-jumbo exposition of nonsensical story-lines between explosions) as for the degenerate techno-narcissism they promote in a society literally dying from the diminishing returns and unintended consequences of technology.

It adds up to an ominous Yuletide. Turns out that the vehicle the Federal Reserve’s Open Market Committee was driving in its game of “chicken” with oncoming reality was a hearse. The occupants are ghosts, but don’t know it. A lot of commentators around the web think that the Fed “pulled the trigger” on interest rates to save its credibility. Uh, wrong. They had already lost their credibility. What remains is for these ghosts to helplessly watch over the awesome workout, which has obviously been underway for quite a while in the crash of commodity prices (and whole national economies — e.g. Brazil, Canada, Australia), the janky regions of the bond markets, the related death of the shale oil industry, and the imploding hedge fund scene.

As it were, all credit these days looks shopworn and threadbare, as if the capital markets had by stealth turned into a swap meet of previously-owned optimism. Who believes in anything these days besides the allure of fraud? Capital is supposedly plentiful these days — look how much has rushed into the dollar from the nervous former go-go nations with their wobbling ziggurats of bad loans and surfeit of production capacity — but what actually constitutes that capital? Answer: the dwindling faith anyone will pay you back next Tuesday for a hamburger today.

We now enter the “discovery” phase of financial collapse, where things labeled “capital” and “credit” turn out to be mere holograms. Fed Chair Janet Yellen herself had a sort of hologramatic look last Wednesday when she stepped onto her Delphic platform to reveal the long-heralded interest rate news. Perhaps Mrs. Yellen is a figment conjured by George Lucas’s Industrial Light & Magic shop (now owned by Disney). What could be more fitting in a smoke-and-mirrors culture? Anyway, the rude discovery that capital is not what it has appeared to be is now underway, with the power to derail political systems and societies.

Is there anyone who thinks the Presidential election campaign is not completely deranged? Well, it is the analog for America’s deranged financial polity. The graceless Mr. Trump necessarily reflects the just grievances of the great public wad, but has anyone noticed that he is incapable of stringing together two coherent thoughts? I suppose one thought at a time — or maybe a percentage of one thought — is enough to satisfy the sputtering masses, faced as they are by the arrant theft of both their patrimony and their future. But it adds up to something like flying blind through a shitstorm with your pilot in the throes of cerebral infarction. I don’t want to be on that plane.

Then there’s the giant flying reptile known simply as Hillary. She will blow up the sad and noisome remains of the Democratic party and then she will preside over the blow-up of the USA as an advanced techno-industrial society. That final outcome may be inevitable one way or another, but the journey there need not be so harsh. America needs a vision of something other than itself as a permanent demolition derby, which, by the way, will not be “solved” by pushing everyone into a Tesla instead of a Ford F-150.

It’s not just the Federal Reserve; everything around us is backed into a corner. Come January, when the dazzle of Star Wars fades away, [The movie will carry on well into the New Year, as Avatar and Titanic did--P.Z.] you will hear instead through the long dark nights a howl of raging animals. Merry Christmas to all.

Sunday, December 20, 2015




"Why Marxists Need Anarchists, and Vice Versa."

Bollywood in Top Ten Box Office

While Star Wars squats like Jabba the Hutt atop the box office chart, two movies opened this weekend at ninth and tenth places:

9 N Dilwale UTV $1,875,000 - 268 - $6,996 $1,875,000 - 1


10 N Bajirao Mastani Eros $1,660,000 - 304 - $5,461 $1,660,000 - 1

Saturday, December 19, 2015

Kuana Torres Kahele: "Hilo For The Holidays."

"The Nineteenth-Century Taming of the Christmas Carol."

Star Wars Was Never My Bag.

On Wednesday afternoon, we saw Creed, which I recommend. It was the last showing, as the theater had to make room for the new Star Wars movie. (Yet it's still running The Good Dinosaur.) As we left, we saw dozens of people in a line stretching from the entrance to Maui Tacos, all waiting for the first Star Wars showing.

Armond White isn't a fan of the new Star Wars nor of the franchise in general.

22 December update:

----
John Simon, once one of the country's major movie critics, infamously dissed Star Wars when it was released. New York republished his original review with some new comments of his. (Simon, still living, is retired, but maintains a blog here.)

Here, Simon jousts with Siskel & Ebert on Nightline in 1983, when Return of the Jedi was released.


They all have their points. I do like science fiction, but Star Wars was never my thing. (The Family Guy parodies/tributes are enjoyable, and one can get the gist of Star Wars from them.) I'd much rather see Alvin and the Chipmunks: The Road Chip (currently 14% at RottenTomatoes) than Star Wars (an astounding 95% at RottenTomatoes, where the critics' consensus is headlined "Believe the Hype.")

Never believe the hype:

Wednesday, December 16, 2015


Rod Dreher Watches and Opines on the GOP Debate













Tuesday, December 15, 2015

If Look Who's Talking were made nowadays.

Monday, December 14, 2015

Sunday, December 13, 2015

Thursday, December 10, 2015

Looking Askance

at this: "Nuclear Power as 'The New Green.'"

The late Alexander Cockburn, who was a global warming denialist, warned that "the American nuclear regulatory commission has speeded up its process of licensing; there is an imminent wave of nuclear plant building. Many in the nuclear industry see in the story about CO2 causing climate change an opportunity to recover from the adverse publicity of Chernobyl."

Cockburn was also a publisher of the famous CounterPunch, which provided a venue for Harvey Wasserman, author of SOLARTOPIA!, which shows an alternative to both fossil fuels and nuclear power.

Here Wasserman interviews Ernest Callenbach, author of Ecotopia.

Monday, December 07, 2015

Kunstler: Shining a Light.

Kunstler on the state of today's journalism.

Kunstler: Shining a Light.

The just-released movie Spotlight is about a Boston Globe investigative reporting team circa 2001-02 that uncovered and documented a vast network of child sex abuse by priests in the Catholic Church that had been on-going for decades. More to the point, Spotlight revealed the institutional rot at the very top of the Boston Catholic Church hierarchy, led by then-Cardinal Bernard Law — which marinated church personnel in a code of secret atrocious behavior enabled by systematic lying and deception. In effect, the church gave permission to its foot-soldiers, the parish priests, to engage in whatever sexual antics they wished to, with a tacit promise to shield them from the reach of the courts. The civil authorities of Boston, heavily Catholic due to Boston’s demographics, assisted the church by throwing up every legal obstacle they could to deter the victims and their advocates in the search for justice — and to put an end to the predation of children by priests.

That was the story that Spotlight told, and it did that very economically, without grandstanding. But the movie had another message for me, as someone who has been involved in the media going back more than forty years when I was an investigative newspaper reporter myself. The message was that the institutional support for great journalism that allowed the Globe’s Spotlight reporting team to do its job is now gone-baby-gone. All the newspapers in the USA, and even the TV and radio news networks, are running these days on skeleton crews. At least that is true of the old flagship organizations such as the Boston Globe and CNN. They just don’t have the reporters out in the field. The front-page or flatscreen interface that the public sees conceals ghost organizations that barely have the reporting resources and the reach to discover what is actually going on in the world.

The dying newspapers — and they really are on life-support at this point, including the Globe and The New York Times — can’t pay teams of reporters like the Spotlight crew to work through years-long investigations. But what the movie also ought to remind us is that the hierarchical competence at such an enterprise, the layers of editors who know what they are doing and understand the boundaries and conventions of their own society, is also disastrously AWOL in the new Wowee-Zowie era of instant cell-phone networking, Facebook, and Instagram. In a word, leadership has been made to seem dispensable.

What gets left out of the story, as usual, are the diminishing returns of technology. In the news business — that is, the business of informing society what is actually going on — that blowback is leaving the public not just uninformed or misinformed, but additionally clueless about what they have lost. The result is a society increasingly shaped by delusion and paralysis. For example, The New York Times has gone from being the “newspaper of record” to being the leading dispenser of wishful thinking by a feminized political Left preoccupied with feelings over truth. (This, by the way, helps to account for the remnant media’s hatred of Vladimir Putin, a leader who doesn’t apologize for acting one like one. And, of course, a man.) The Old Gray Lady is also reduced to overt cheerleading for its avatar (Monday’s lead op-ed: HILLARY CLINTON — How I’d Rein In Wall Street Ha!), and making excuses for our grift-and rackets-based polity (Paul Krugman: The Not-So-Bad Economy Ha Ha Ha!).

At the local level, the news situation is simply pathetic. The surviving local newspapers are little more than bulletin boards for news releases from interested parties. They’ve fired all their reporters. Soon the papers will all be gone and the vaunted wondrous Internet will be little more than a grapevine and a rumor mill. The “cloud” that everybody thinks is so marvelous will look more and more like an epochal fog — and we’ll be lost in it. These are the wages of our techno-narcissism, a society now marinating in cluelessness the way the Catholic church, as depicted in Spotlight, marinates in pederasty and deceit. It is frankly hard to see a way out of the cultural predicament. Two things, at least, are necessary to break out of this hall of mirrors: men acting like honorable men, and hierarchies of leadership with the integrity to actually lead. For now, the USA is not interested in those things.






Saturday, December 05, 2015



Wednesday, December 02, 2015

I found this just now: BeyondChron.org

Monday, November 30, 2015

The Christmas Season Begins

I plan to have a low-key Christmas this year, which has been pretty hectic. And I'm looking ahead to next year. I intend to:

1. Write more. If I can blog here more; keep a journal; further freelance writing.

2. Reach out to people more, especially family and friends who I haven't seen in a while.

3. Improve my fitness. Regular exercise and a more healthful diet.

4. Declutter and clean up my house.

These things are all connected in my view.









The Blaze: "Black Lives Matter Activists Continue Sit-In Demanding Erasure of ‘Racist’ Woodrow Wilson — and Glenn Beck Says They Are Right."






Kunstler: The Story Line Dissolves.

Kunstler: The Story Line Dissolves.

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

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

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

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

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

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


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

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

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

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

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

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

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

Sunday, November 29, 2015





Saturday, November 28, 2015

Post-Thanksgiving

Yesterday I visited with a friend who lives down the road. She has cleared the living room in preparation for Christmas. She's been going through papers, etc. and it's far from finished. Likewise, I plan to go through my stuff, like books, and dispose of things. There's a great used-book store off Kanoelehua that takes books, CDs, and DVDs for store credit. This will be a continuing process which I'll start in earnest after the New Year.

Thanksgiving itself was relatively quiet and low-key. I dozed off mid-afternoon for a few hours, in part because the house was warmed up with the roasting of the turkey.

Drop!



Drop!

"Trump drops 12 percentage points in poll.

Wednesday, November 25, 2015

Happy Thanksgiving

So much to do and ponder. For today and tomorrow, it's about Thanksgiving. Happy Thanksgiving to you, your family, and friends. One thing I'm thankful for is the respite from rain we've enjoyed the past two days. And the rainfall we've had this year to date (120.98 inches as of 1 p.m. yesterday) comes up short to the 200-plus inches we had twenty-five years ago. I'm also thankful I went to college when and where I did.

Monday, November 23, 2015



"Gawker is still Gawker."

Friday, November 20, 2015

VITAS - Седьмой элемент / The 7th Element



On Fossil Fuel Divestment

"A critical appraisal" of the fossil fuel divestment movement.

Kunstler has never addressed fossil fuel divestment as far as I know. He'd probably say it distracts from the larger issue of preparing society for a post-oil future. More later.

Thursday, November 19, 2015

Legend



Legend needs a less pretentious title (one that doesn’t interfere with Tom Cruise’s Ridley Scott fantasy) and Hardy needed a genius British director—Ken Russell, Alex Cox, maybe Edgar Wright—who could appreciate his nuances and balance a nation’s authentic fascination and shame.

Portentous movie titles are the thing now. Compare the title Legend with the straightforward The Krays of 1990.

Wednesday, November 18, 2015

Stanford students call for full divestment from the fossil fuel industry. (As Kunstler has said, it will be less feasible to extract fossil fuels, especially oil, and society will feel the effects.)




Depending on where you stand, this will thrill or appall you. The Koch intelligence agency.

Tuesday, November 17, 2015

Robocalls

I got a Ben Carson robocall too. I called the toll-free number that showed up on my caller ID and chose the do-not-call option.

Monday, November 16, 2015

Kunstler: There Are No Safe Spaces.

Kunstler: There Are No Safe Spaces.

I ’m not persuaded that world opinion will ever “make sense” of the Paris attacks. The non-linear rules the day. So-called Fourth Generation Warfare works because there are so many small arms loose in the world and any band of maniacs with a few machine guns and a pound of Semtex plastic explosive can create the equivalent of a war zone in a given locality.

As for the French military, the obvious first move was to bomb the ISIS “stronghold” of Raqqa. But haven’t the US and Russian air forces been doing exactly that for some time now? Either they’ve already bombed the place and everything in it to gravel, or air power is not what it’s cracked up to be — and we have plenty of reason to believe the latter after a decade of selectively pounding jihadists from Afgahnistan to Libya with nothing to show for it except a refugee crisis.

One thing seems assured: hard-line governments are coming soon. Politically, the West had boundary problems that go way beyond the question of national borders to the core psychology of modern liberalism. When is enough of anything enough? And then, what are you really willing to do about it? The answer lately among the Western societies is to do little and do it slowly.

The behavior of college administrators and faculties in the USA these days is emblematic of this cowardly dithering. Intellectual despotism reigns on campus and the university presidents roll over like possums. They don’t have the moral strength to defend free speech as the campus witch-hunts ramp up. The result will be first the intellectual death of their institutions (brain death), and then the actual death of college per se as a plausible route to personal socioeconomic development. The financial racketeering that has infected higher education — the engineering of the gargantuan college loan scam in tandem with the multiplication of “diversity” deanships and tuition inflation — pretty much guarantees an implosion of that system.

The cowardice in the college executive suites is mirrored in our national politics, where no persons of real standing will dare step forward to oppose the juggernaut of Hillary-the-Grifter, or take on the clowning Donald Trump on the grounds of his sheer mental unfittedness to lead a government. In case you haven’t noticed, the center not only isn’t holding, it gave way some time ago. The long emergency is showing signs of morphing into something like civil war. The Maoists on campus apparently want to turn it into race war, too.

So many forces are in motion now and they are all tending toward criticality. The European Union may not survive the reestablishment of boundaries, since it was largely based on the elimination of them. Spain and Portugal are back to breaking down politically again. The Paris bloodbath has discredited Angela Merkel’s plea for “tolerance” — of what is proving to be an intolerable alien invasion. The only political figure on the scene who doesn’t appear to be talking out of his ass is Vlad Putin, who correctly stated at the UN that undermining basic institutions around the world was not a good idea.

None of this is good, either, for a global economy constructed around long, hyper-complex, and fragile chains of obligation, the most critical being global finance and global energy lines. You think the Paris attacks were bad? Just wait until a few maniacs lob some explosives at the giant Ras Tanura oil refinery and shipping terminal on Saudi Arabia’s Persian Gulf coast. Imagine if that happens in the middle of winter, when Europe is freezing. Do you suppose the Big Brains in the Pentagon think about that? The West itself, including America, is a circus of soft targets. The softest ones are between our ears.

Happy Tenth Anniversary to Hattie's Web!

13 November 2005: The Beginning of Hattie's Web.

Saturday, November 14, 2015

The Real Slim Shady

I just found out about this new biography of Carlos Slim Helu, who regularly trades places with Bill Gates as the richest man in the world. The book, Slim: Biografía política del mexicano más rico del mundo, by Diego Enrique Osorno, is only in Spanish, and seems to be available only as an e-book.






A partir de una investigación periodística de varios años apoyada en archivos confidenciales y en más de cien entrevistas, este libro narra sin reservas la vida del mexicano más rico del mundo.

Con incursiones en el reportaje político, social, histórico y policial, así como el testimonio directo de Carlos Slim, Diego Enrique Osorno relata esta excepcional historia

Con prólogo de Jon Lee Anderson.

Hijo de un migrante libanés, Carlos Slim sumó su habilidad matemática a su visión de negocios para crear un emporio global desde un país donde más de 50 millones de personas viven en la pobreza. Más allá de las frías cifras económicas y los clichés del éxito empresarial, Slim. Biografía política del mexicano más rico del mundo resulta un magistral retrato del primer hombre nacido en el "tercer mundo" que alcanzó la cima de Forbes.

Mediante la cuidadosa y paciente mirada de un reportero, el lector descubrirá los orígenes del magnate, sus complejos vínculos familiares y sociales, sus peculiares maniobras financieras, sus redes de apoyo y sus pasiones personales, que van desde la lectura de biografías de Gengis Kan o Bernard Baruch, hasta el beisbol o Sophia Loren. Pero este libro explora también los mecanismos del poder y las caras contradictorias de este ingeniero civil que encarna la moral neoliberal de nuestros tiempos: un mecenas muy diferente a Bill Gates y Warren Buffet.

Sin afán de linchamiento, sin afán de glorificación, con un tono transparente y documentado que exige el periodismo narrativo, aquí se cuenta quién es Carlos Slim.

Extracto del prólogo:

"Diego Enrique Osorno tiene agallas. Sus reportajes lo han puesto a la cabeza de su generación y le han valido un amplio reconocimiento. Siempre se mete a fondo, y en carne propia, en lo que está investigando. Así es como examina a este pasha moderno, símbolo vivo del capitalismo del siglo veintiuno y a la vez de México, país de caciques donde Slim es un gigante entre liliputienses." -Jon Lee Anderson-

Various Tweets







Friday, November 13, 2015

Drake, "Hotline Bling."

The song that became a phenomenon.

Thursday, November 12, 2015



Kunstler: The Leviathan.

Kunstler: The Leviathan.

The Leviathan

The economic picture manufactured by the national consensus trance has never been more out of touch with reality in my lifetime. And so the questions as to what anyone might do can hardly be addressed. How can I protect my savings? Who do I vote for? How do I think about where my country is going? Incoherence reigns, especially in the circles ruled by those who guard the status quo, which includes the failing legacy news media.

The Federal Reserve has morphed from being a faceless background institution of the most limited purpose to a claque of necromancers and astrologasters, led by one grand vizier, in full public view pretending to steer a gigantic economic vessel that has, in fact, lost its rudder and is drifting into a maelstrom.

For more than a year, the fate of the nation has hung on whether the Fed might raise their benchmark interest rate one quarter of a percent. They talk about it incessantly, and therefore the mob of financial market observers has to chatter about it incessantly, and the chatter itself has appeared to obviate the need for any actual action on the matter. The Fed gets to influence markets without ever having to do anything. And mostly it has worked to produce the false narrative of an advanced economy that is working splendidly well to the advantage of the common good.

This is all occurring against the background of a larger global network of economic relations that is quite clearly breaking apart. The rising tensions between the US, Russia, China, and the Euro Union grew out of monetary mischief “innovated” by our central bank, especially the shenanigans around debt monetization, which have created dangerous distortions in markets, trade, and perceptions of national interest. Nations are rattling sabers at one another and bluster is in the air. The world is bankrupt after thirty years of borrowing from the future to throw a party in the present, and the authorities can’t acknowledge that.

But they can provide the conditions for disguising it, especially in the statistical hall of mirrors that once-upon-a-time produced meaningful signals for the movement of capital. Instead of reality-based choices and decisions, the task at hand for the people in charge has been the ever more baroque elaboration of a Potemkin economic false-front, behind which lies a landscape of ruin scavenged by desperate racketeers. That this racketeering has moved so seamlessly into the once-sacred precincts of medicine and higher ed ought to inform us how desperate and perilous it has become.

The latest installment of the disinformation game was Friday’s employment release from the US Bureau of Labor Statistics. It was a “blockbuster,” implying blue skies everywhere from Montauk to Malibu. Except that no one with a remaining shred of critical faculty can be expected to believe it. 80 percent of the new jobs numbers were attributed to the mystical birth-death model, a pseudo-scientific fantasy of hypothetical new business starts and associated hypothetical new hires. Demographically, the most new jobs went to the over-55 age cohort — grocery baggers and Walmart greeters — and the fewest to men 25 to 54 (that bracket substantially lost jobs). The official unemployment rate fell to 5.0 rate, with no meaningful discussion of the huge numbers of discouraged people who have dropped out of the workforce.

But the perception of an economy on full throttle chug sent the stock indexes up. The Dow, the S & P and the NASDAQ are the only signaling mechanisms that the legacy media pays attention to, and the politicos take their cues from them, in a feedback loop of false information that begets more delusional positive psychology in those same markets. I suspect the sentiment that reigns now is about nothing more than getting through the holiday season without a financial accident.

But this Fed now finds itself in a trap of its own making. Having so interminably yapped about the interest rate hike, the central bank will have to put up or shut up in December. Only the year-final BLS employment figures might give them an out, if the numbers don’t look so phosphorescent. I think the truth is, this phony baloney economy can’t withstand even a measly quarter-point benchmark interest rate hike. For one thing, it would blow up the operating models of Fannie Mae and Freddie Mac, the buyers of home mortgages who are keeping the construction industry on life support, as well as the parallel rackets in securitized auto and student loans. Imagine all the derivatives bets that would go south. In reality, the Fed knows that it will have to shovel more ZIRP money into the debt-saturated maw of a dying financial leviathan. It can do that, of course, and probably will in the coming winter of 2016, but when that time comes, it will have absolutely no credibility left. And the leviathan will be a little closer to heaving up dead on the beach.

Wednesday, November 11, 2015

NAO, "Zillionaire."

The singer's voice is reminiscent of Deniece Williams's.



(More here.)

Tuesday, November 10, 2015

Rae Sremmurd: "Up Like Trump."

Released before the current Trump-mania.

Wednesday, November 04, 2015

Estelle feat. Kanye West, "American Boy."

I first heard (and heard of) this song Wednesday afternoon on 92.7 FM, waiting in the hot parking lot of Target.

George Michael, "Freedom `90"

I changed my tagline. The former one is still good.


All we have to see/Is that I don't belong to you/And you don't belong to me/Freedom--George Michael, "Freedom '90"

Monday, November 02, 2015

Columbia Journalism Review Cutting Back on Print.

Here.

Kunstler at Boston College

Kunstler recently spoke at Boston College. It was a standard talk about the Long Emergency. Then he went out to dinner "with four faculty members and one friend-of-faculty. Three of them were English profs. One was an urban planner and one was an ecology prof. All of the English profs were specialists in race, gender, and privilege. Imagine that. You’d think that the college was a little overloaded there, but it speaks for the current academic obsessive-compulsive neurosis with these matters. Anyway, on the way to restaurant I was chatting in the car with one of the English profs about a particular angle on race, since this was his focus and he tended to view things through that lens. The discussion continued at the dinner table...".

Kunstler: Good Little Maoists.

I think he's digging himself a big hole here.


"Anyway, it was not a coincidence that in the mid 1960s a new wave of black separatist avatars arose around the time of the civil rights legislative victories. Malcolm X, Stokely Charmichael [sic], the Black Panthers, to name a few. That was the moment when much of the black population slid into what has become essentially an oppositional culture, determined to remain separate. Language is part of that picture."--Kunstler

The Black Panthers:

"The writings of the Black Panthers are also in impeccable standard English, but in their speeches there are occasional occurrences of Black English for stylistic effect, to mark group solidarity. ..."

Sociolinguistic Perspectives on Bilingual Education, edited by Christina Bratt Paulston.

(The book looks interesting.)

Stokely Carmichael.

"Described by some as a "black ogre of choice"[23] and by others as "cool and very hip,"[24] Stokely Carmichael was a man of varied rhetorical talents. From an early age, his charismatic style made him a favorite among his fellow Civil Rights activists and a national leader in the Civil Rights Movement. When he first talked about Black Power in Mississippi in 1966, he did so with the fiery passion of a Southern demagogue--a type of speaker he loved to hate. With just a few words, he was able to rally the crowd that came out to see him in Greenwood, Mississippi into a chorus of voices shouting, "Black Power! Black Power! Black Power!" His ability to tailor his speeches to different audiences was one of his greatest talents, as Carmichael himself boasted in his autobiography:

I had a standard-English speech reserved for the merely affluent and curious. Many times these people would say or write that they had expected an "antiwhite diatribe" or a "raving militant rap." Only to be so pleasantly surprised to get a reasoned argument that--even if they didn't agree with it--was "thought provoking." . . . Then too I had a harder, more analytic, and ideological argument for more serious political and intellectual forums. . . . Then there was a down-home, nitty-gritty idiom in a style I mostly borrowed from the Harlem street corner nationalists and the Southern black preachers. This I saved for the brothers and sisters on the block. But the political message stayed the same, whatever the audience, language, or occasion. Only the style changed.[25]


"While Carmichael himself claimed never to use obscenities or vulgarities, rhetorical critic Pat Jefferson notes that his speeches were often laden with risqué sexual innuendos and four-letter words.[26] Whatever the case, Carmichael was always careful to adapt his language to his audience. A speech at Boston's Episcopal Theological School was fashioned very differently from one before a group of young, black street kids or Civil Rights activists."


See also Spoken Soul: The Story of Black English, esp. pp. 224-228.