Guest Post: The Best Of Times, The Worst….

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Mon, 05/09/2011 - 07:35 | 1254887 Robslob
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This time is different..."they" have a plan.

Mon, 05/09/2011 - 07:43 | 1254895 Sudden Debt
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yes... problem is that they wrote it down on that roll of toilet paper they forgot to take with them when they left the gas station...

They did recover most of it:

THE PLAN IS TO "piece of shit" AND TO "piece of shit" "hughe chunk of shit" "something greenish" AND THEREFORE THE TAXPAYER WILL GET LOT'S OF "piece of shit" piece of shit" AND THE REST OF THE MONEY WILL GO TO THE 200K+ INCOME PEOPLE.



Mon, 05/09/2011 - 09:00 | 1255088 Re-Discovery
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There have always been optimists.  There have always been pessimists.  Yadda, yadda, yadda . . .

I'm sure there were optimists in Buchenwald, but the situation was pretty f***'d up. 

Your article could have been condensed to your final sentence:  Prepare for the worst. 

How anyone feels about where we are just defines how long they are willing to risk/trade that the worst is not tomorrow. 

Mon, 05/09/2011 - 09:33 | 1255185 SWRichmond
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“There has never been a better time to be alive.”
“This is all going to blow up faster than most people think, and it is TEOTWAWKI.”

Somewhere in the middle probably lies the truth.

I genuinely don't understand why the OP thinks the first two statement are mutually exclusive.  They are not.  This IS going to blow up faster than most people think, and there has never been a better time to be alive.  The genuine liberty our ancestors knew, right here in North America, is within our grasp if we have the courage to seize it.

After all, never let a good crisis go to waste, eh?

Mon, 05/09/2011 - 07:35 | 1254888 Sudden Debt
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It gives more and more people time to prepare for what is comming.

And when the shit comes down and you didn't to squat: HA HA HA!!

Only the idiots will be running circles than!

It's a luxury that we all get this extra time to prepare against the shitstorm endgame that's comming. You can chose to spend now like there is no tomorrow or save up and be able to spend 50 times as much when the shitstorm hits the economy as we know it.


Mon, 05/09/2011 - 07:39 | 1254890 samsara
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Good Job Chindit

Mon, 05/09/2011 - 08:05 | 1254922 Sophist Economicus
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Ditto that

Mon, 05/09/2011 - 10:49 | 1255428 old naughty
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DittoX2 that.

Mon, 05/09/2011 - 12:23 | 1255857 DoChenRollingBearing
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Make mine a + 4.

Nice perspective Chindit13, well done.  Indeed, there is nothing new under the sun.

Mon, 05/09/2011 - 23:54 | 1258041 chindit13
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Thank you.

Mon, 05/09/2011 - 07:42 | 1254900 Robslob
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Where did Math Man's quote go...he was the first poster right above me...hmmm

Mon, 05/09/2011 - 07:55 | 1254913 swanpoint
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I saw it, too.

Mon, 05/09/2011 - 08:04 | 1254921 Math Man
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Don't know.  Apparantly ZH is in to censorship these days.

Mon, 05/09/2011 - 08:04 | 1254926 Math Man
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All of us---by “us” I mean human beings---tend to think too much with our egos and not enough with our rational minds.

Which is why ZH readers are still trying to buy the dip in silver.

Mon, 05/09/2011 - 08:13 | 1254944 Sean7k
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It appears you are the dip in silver. 

Mon, 05/09/2011 - 08:28 | 1254980 Poor Grogman
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While some others are busy posting crap that nobody wants to read.

Mon, 05/09/2011 - 08:50 | 1255038 simonsito
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angry you missed 33? :) nobody still trying, everybody DID BTFD last week....! Maybe you might wanna look at OI in silver.... I mean, youre the math man in here, so theres some pretty bullish math, isnt it?

but I appreciate your service for the community, and deeply regret your comments being deleted, although I think its a technical issue more than censorship...

Mon, 05/09/2011 - 10:41 | 1255392 old naughty
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I am confused...Are you saying only humans would buy the dip in silver...And you are not?


Mon, 05/09/2011 - 08:15 | 1254943 Henry Chinaski
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Benevolent dictatorship.  As it should be.

Mon, 05/09/2011 - 14:06 | 1256222 FEDbuster
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I nominate Ron Paul for the role.

BTW my take is that we slide into a Mexico like economy (rich and poor), TPTB will move towards inflation and WW3 (and maybe a man made pandemic to thin the herd).

Mon, 05/09/2011 - 07:44 | 1254901 Gold 36000
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I was supposed to take over for Village Idiot while he was on vacation.  Sorry I forgot until today.  Did my best.  Now mom is telling me to get ready for school.

Mon, 05/09/2011 - 07:49 | 1254902 Robslob
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Hi Math Man...I mean Gold36000

Mon, 05/09/2011 - 07:50 | 1254903 gaoptimize
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What will you say 12 months from now, when there is unlikely to be a FY2012 budget and the miracle of compound interest along with the predictable delay and pray takes us another year closer to the brink?  I think you way over-estimate the duration of the inevitable crisis/collapse, and as the pesimist in me prepares to survive it, the optimist in me is motivated by the explosive growth in a freshly liberated economy that will take us to the unbounded alternatives of the Kurzweil Singularity.

Mon, 05/09/2011 - 07:50 | 1254905 jesse livermoore
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HEY LOOK math man is i feel confident the bottom is in, when this troll yells sell sell sell.. I will do the opposite, and buy buy buy.

Mon, 05/09/2011 - 07:56 | 1254912 razorthin
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"Corporate finances are not so bad, although since many of their assets are cash and UST’s, they will be subject to some pain if the worst happens."

Wow yet another commentator either with a short memory or clueless to the FASB acounting fraud caper.  Corporations are not "flush with cash".  They are flush with crushing debt that they are allowed to keep off the books - especially the banks, as we all  know.

Anyone in this information age with eyes willing to see knows that beneath the veneer of lies things are enormously worse than they appear.

Mon, 05/09/2011 - 08:08 | 1254927 gordengeko
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Actually a lot of major corporations(especially automotive) are flush with tons of cash.  That's why these financial institutions are sitting on a shit ton of reserves and haven't started lending out a lot because the companies they lend to don't need it, they have their own for right now.  Also a lot of companies were/are being tight with their money.  They are starting to make moves now and spend their cash and hire more.  We'll see how it goes, these CEO's aren't stupid and they know the bernanke is in a spot.

Mon, 05/09/2011 - 10:00 | 1255260 SoNH80
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Yeah, well, they ought to get off their button and pull some triggers, etc., since the natives are getting restless these days.

Mon, 05/09/2011 - 08:08 | 1254934 Sean7k
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Nicely written piece Chandit.

Unfortunately,it has an emphasis on economic rather than political theory. While I think you're right about how the economics of the world present a pendulum swing that slow and deliberate in it's actions, this account fails to measure the gain or loss of liberty.

Ignoring the consequences of the actions of a group of Elites to regain their control over productive labor and resources diminishes the impact on all our lives. During the 1800's, much of the world was continuing to experience economic and political freedom they had never had. 

In America and Europe, this translated into better standards of living, as well as more rights and freedom from the wealthy class. It allowed more groups to participate (Blacks, Women, Hispanics, etc) than ever before. Labor had organized and used their strengtgh to negotiate better conditions- often at terrible costs to the organizers.

Since the early 1900's, America has seen the labor movement coopted, debt slavery in the form of a central bank, corporate and banking control of their government that has traded freedom for a creeping police state. This are the actions of an elite class that is re-establishing control. Lower wages, lower living standards, more police control and ridiculous levels of wealth for a selected few.

There is a danger in confusing quality of life with the quantity of life. Yes, we will always survive as a species (I am an optimist, see!), but when is survivial enough? 

The costs of much of the advancement of the general population has usually come at a high price (revolution, pandemics, genocides), it is the nature of the Elites and their methodology that is a major causation. That, and our collective ignorance of the power of numbers. 


Mon, 05/09/2011 - 09:42 | 1255207 mtomato2
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I really like this article, and I really like your response.  Both very even-keeled and prescient.

The writer really singled me out when he discussed those who yen for an end.  Every time I am behind a Yukon that's on it's way to the grocery store (or even better: school) with a gaggle of zombified kids in back watching a video on the DVD player I think:  This simply must end.  We are through.  When is natural selection finally going to have its way with us?

It hurts to think that maybe we have beaten it, and the insanity can, in fact, go on forever.  It's so unjust.

On the flipity-flip, I have an investor for an invention of mine, and I need a strong economy for it all to work out.  So, Cognitive Dissonance.  To the max.

My kid is an Eagle Scout and an honor student who plays Varsity Football and baseball.  He hopes for an EMP.  He simply can't stand the insanity.

He's one who would make it through.  Teach your children well.

Mon, 05/09/2011 - 10:43 | 1255398 mayhem_korner
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When is natural selection finally going to have its way with us?

Be careful not to universalize your sentiments.  Not all of "us" have lost our way.  Some of "us" have dinner with our families every day, do not allow our kids to text on i-phones, have "no tv" times, do chores regularly, and invite others to attend worship services on Sundays.

I'd also suggest you research your "natural selection" myth a little further...

Mon, 05/09/2011 - 15:17 | 1256490 mtomato2
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Mayhem, grow up.  You response is ridiculous.  Obviously, I didn't mean to be taken literally insofar as to include "everybody" as "us!"  As evidenced by the fact that I extolled the virtues of my oldest son.


As to your pithy comment on natural selection, grow a brain.  Even the most ardent of us traditional Orthodox Christians acknowledge that, given certain environments, certain species are more likely to adapt or fail than others.


Your all-or-nothing approach is running some otherwise good thinking people off the reservation.

Wed, 05/11/2011 - 08:21 | 1262298 mayhem_korner
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1) Say what you mean and mean what you say.

2) I don't know what ardent, traditional, Orthodox Christians describes.  The Pharisees would have claimed the same, no?  I'm still waiting for the examples of those adapted species. Not a single new "evolved" species has been proven as yet - not one.

3) Happy to oblige on the reservation thing.

While you're at it, take some time to inventory what you believe are absolute truths.  Given your response to me, I suspect you will struggle with that.

Tue, 05/10/2011 - 01:24 | 1258190 chindit13
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Good comment.

I am of the view that the "elites" may well have less control today than they did at most any other time in history.  There are simply too many variables for any group, no matter how clever, to control, and access to information and the ability to spread opposing views has never been easier.

Consider the control the Catholic Church has had during its history.  It took the excesses of the Borgias, coupled with a critical mass of free thinking (Erasmus, Galileo, Copernicus, etc.) to begin to chip away at its power.  They hung on to "acceptable thought" in Spain far longer, hence the Inquisition.  Eventually, though, perhaps owing something to Gutenberg, they lost out.

I have resided or visited a certain country for a decade and a half.  In my early time here, the population lived in total fear.  People did not dare share their thoughts even with family members, as no one knew whom to trust.  Every block had overseers, who ran groups of eyes and ears, who reported (or made up) anything that suggested less than total admiration for the government.  People did disappear in the middle of the night, never to be seen again.  The government itself split amongst the top players upwards of 95% of total revenues.  THAT is control.

Much, though by no means all, of that control has been lost.  The arrival of many more outsiders had some to do with it.  Better communications also contributed.  The internet, and things like SOCKS proxies, blew things wide open.  Where it goes from here remains to be seen, but the genie is out of the bottle here.

In the world at large we have too many competing groups whose interests do not overlap.  The US and Europe no longer hold the majority of the world's wealth and power.  It is highly unlikely that Soros and Wen see eye to eye, or Jamie Dimon and Muhammed Mahathir.  Greed and ego also breed intramural competition, though at times players do cooperate if everyone benefits (bank lobby is an example).

Neither the USG nor the MSM can control the narrative one hundred percent anymore.  Even within we have Fox and MSNBC, and to a much lesser extent, Dems and Repubs (whose major difference seems to be regarding gay marriage).  Outside there is a spectrum of contrary opinions, each with its own audience, ranging from Chris Martenson to Infowars.

For the most part the USG and MSM have retained majority ownership of the message, but that is changing rapidly, just as in China the Party is losing control via the same internet and proxies I use here.

Obama emerged as the first internet President, though his message was roughly the same as what has come before.  I suspect we will have a new leader emerge who will see the change taking place and stake his or her ground with a message aimed at those looking for an alternative.  The time is ripe for it.  I even suspect that those who use whatever they can to maintain what they have achieved understand that things are moving out of whatever control they have established.

Mon, 05/09/2011 - 08:12 | 1254935 Sean7k
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dp. sorry.

Mon, 05/09/2011 - 08:08 | 1254936 TIMMAYYY
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ha..hahaha, i wonder if this commentator has a golden ticket.


calming the crowds before they jump ship. please report to your concentration camp muther uckers. you will be screened and implanted. We will move forward, no matter how many eggs we break.


in 1930 they had no means of wiping out the planets population with with a flick of a switch.

Mon, 05/09/2011 - 08:52 | 1255036 Oh regional Indian
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Spot on Timmay. And good piece Chindit13.

The big difference between WWII and now is precisely that a non-nuclear world is now nuclear. And it there ever was a game changer, globally, Nuclear power/weapons have to be it.

And if not the weapons, th epower got us, via Japan, surprise.

More surprises coming too. Nuclear and Unclear ones.

I'd say prepare for the worstest.


Mon, 05/09/2011 - 09:55 | 1255238 mtomato2
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Interesting link.

Mon, 05/09/2011 - 11:25 | 1255584 Oh regional Indian
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Thanks mtomato2.


Mon, 05/09/2011 - 10:48 | 1255414 old naughty
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Just as G2 is strategically preparing for, ORI?

They must have found a bigger (badder) OBL. Unclear who that is tho.

Water and nuclear...or nuclear and water...

Que sera sera...Sadness engulf me.

Mon, 05/09/2011 - 11:25 | 1255582 Oh regional Indian
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What will b we'll c, eh, Old N?



Mon, 05/09/2011 - 11:49 | 1255720 chumbawamba
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The other things that actually are different this time:

- Deficits were in the billions in the 1980s, now we're in the trillions.  Small percentages swing a lot farther on a trillion than on a petty little billion.

- The entire basis of our reality is going through changes that, while not unprecedented, are unprecedented in our lifetimes and in the lifetimes of every generation that came before us going back hundreds, probably thousands of years.  Sun is doing odd things with Earth.  The weather patterns are changing, the energy in the air is different, something is not right.

- Our system is much more complex and much more dependent on electricity than even in 1980.  If we don't have electricity, we don't have the internet.  Today, the internet IS reality.  One major solar flare will wipe out 70+ years of technological development in a very short multi-hour period.

Yes, this time it is different.  As it always is.  It's just that the difference this time is orders of magnitude/geometric, rather than simply mathematic.

I am Chumbawamba.

Mon, 05/09/2011 - 12:33 | 1255893 DoChenRollingBearing
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^---  The above observations are why we need the Chumbas, The Chindits and the ORIs here on ZH.

Mon, 05/09/2011 - 15:16 | 1256500 mtomato2
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Excellent comment.



Mon, 05/09/2011 - 23:43 | 1258015 chindit13
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I see your point.  I would call your view the Snowball Effect, gathering size as it goes.  Before guns, we killed with swords.  Guns let us kill faster.  Airplanes and poison gas let us kill faster still.  Then nuclear.  Yes, our ability to destroy grows in leaps and bounds.

Your other points are equally well taken.  I remain of the view that the actual problems we face, rather than the possibilities, are not quite as dire as 1940.  I also recall that the Black Plague wiped out somewhere between 25 and 30% of Europe's population (and during one plight gave us calculus as both Newton and Leibniz had lots of free time to think).

I also maintain that my own preferences for the manner in which I am willing to live life have me preparing only to the extent that I can survive in a world I would enjoy, or tolerate, living in.  Plus, I have found a few places to hide and ride out the worst of it.

Mon, 05/09/2011 - 23:34 | 1257989 chindit13
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Yes, ORI, nuclear can be a game changer. I remember seeing "The Day After Trinity", and in particular a clip where J. Robert Oppenheimer is being introspective and revealing the thoughts he had when the device was set off.  He is almost in tears.

Most everyone has read that as Oppie feeling guilty about what he helped create.  I saw if differently, that his sadness came from the realization that such a device was possible.  Oddly, he thought its development inevitable, but in point of fact the only group in history that independently developed the nuclear bomb were the people at Los Alamos.  Everyone subsequent was either given the technology, stole it, or bought it.


Tue, 05/10/2011 - 02:12 | 1258028 chindit13
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in 1930 they had no means of wiping out the planets population with with a flick of a switch.

Well, I guess nobody can have a "golden ticket", eh?  Or maybe only Elon Musk, Bert Rutan and Richard Branson.

Mon, 05/09/2011 - 08:10 | 1254938 Henry Chinaski
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I went back and re-read the classics, Homer, the Old Testament, etc. and came up with my own unique insight:

It's all about barbeque.

Mon, 05/09/2011 - 09:55 | 1255241 mtomato2
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It's all about bar-b-que and single malt scotch.

Mon, 05/09/2011 - 23:26 | 1257966 chindit13
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Like I said, nothing new under the sun.  Those silly Texans think they started something!

Mon, 05/09/2011 - 08:14 | 1254945 nmewn
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"I’m guessing 1-2-3 and 3-2-1, pessimists and optimists in those orders."

I guess I'm an optimist.

Good post Chindit.

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