Guest Post: Unforgiven - Part Five

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Submitted by Jim Quinn of The Burning Platform

Unforgiven - Part Five



“You’d be William Munny out of Missouri, killer of women and children”. – Little Bill Daggett – Unforgiven 

 ”That’s right, I’ve killed women and children, I’ve killed just
about everything that walked or crawled at one time or another, and I’m
here to kill you Little Bill, for what you did to Ned”
– Willam Munny – Unforgiven 

Funny thing, killin’ a man. You take away everything he’s got and everything he’s gonna have.William Munny – Unforgiven 

Clint Eastwood’s final western was one of the darkest, most violent,
vicious westerns ever made. Much of the film takes place in darkness.
The tone of the film is depressing, with a drained wintery look
reminiscent of High Plains Drifter. The script had been written in 1976
during our last Awakening, but Eastwood held off making the movie until
1991 when he was old enough to play the lead role. Age, stages of life,
and mood are key elements in the movie, as they are in the plot playing
out in the world today. Unforgiven
 is a story of atonement, justice and retribution. The cold forbidding
atmosphere reflects a Fourth Turning mood. We’ve entered our hibernal
Crisis, with its violent struggles and compulsory sacrifices in an era
of maximum danger and ultimately a fight for survival. This decisive
test of human strength and fortitude was as predictable as the change in
seasons. Strauss and Howe understood the generational dynamics of the
country would align to create the mood change which would usher in the
third Fourth Turning in American history:

“The next Fourth Turning is due to begin shortly after the new
millennium, midway through the Oh-Oh decade. Around the year 2005, a
sudden spark will catalyze a Crisis mood. Remnants of the old social
order will disintegrate. Political and economic trust will implode. Real
hardship will beset the land, with severe distress that could involve
questions of class, race, nation and empire. The very survival of the
nation will feel at stake. Sometime before the year 2025, America will
pass through a great gate in history, commensurate with the American
Revolution, Civil War, and twin emergencies of the Great Depression and
World War II.” – Strauss & Howe –
The Fourth Turning 

 follows the journey of William Munny, a cold blooded vicious bandit in
his youth, turned peaceful farmer in his old age. As a widower with two
kids and a failing farm, he agrees to kill two cowboys who had
disfigured a prostitute in the town of Big Whiskey, in return for a
reward of $1,000. In his youth he drank heavily and murdered for fun,
now he was killing for money. The town is run with an iron fist by an
aging gunfighter, turned sheriff, named Little Bill Daggett, who doesn’t
allow guns in his town. Munny and his two companions arrive amidst a
driving rain storm in the middle of the night. They proceed to execute
the two cowboys, but both of Munny’s companions reveal they don’t have a
stomach for killing anymore. After collecting the reward, Munny finds
out that his friend Ned was captured, tortured, and murdered by Little
Bill Daggett. He takes a drink of whiskey and the tale turns into a
story of retribution and atonement. He arrives back in town in the pitch
black of night and enters the saloon where Little Bill and his men are
gathered. He guns down six men, including Little Bill. As he lies on the
floor wounded, Bill laments that he doesn’t deserve to die this way.
Munny declares:

“deserves got nothin’ to do with it.”

Bill tells Munny he will “see him in hell”, a sentiment which Munny
agrees with. Munny then kills him. There is no rousing ending. No cheers
from the audience. The ugliness of violence is portrayed realistically
and myths of the Old West are demolished. You are left to meditate about
the concepts of age, repute, courage, heroism and the fine line between
good and evil.

The themes, atmosphere, violence, brutality and finale of this eulogy
to the western genre are a perfect representation of our current dire
circumstances. The town of Big Whiskey represents the United States. The
sheriff rules with an iron fist over the population, but his cronies
can get away with murder. Hypocrisy abounds across the U.S. as
politicians use the rule of law to keep the masses controlled while
rewarding their corporate and banker cronies with government handouts,
tax breaks, and free money. I see Munny, his companions and the
prostitutes as symbols of the flawed citizens of the United States.
They’ve made mistakes, committed crimes, made poor life choices, but
they ultimately tried to make an honest living as upstanding citizens.
When the authorities pushed them to the brink with their overbearing
regulations, brazen criminal actions and blatant institutional
corruption, each constituent reacted differently. Some responded with
defiance, most rolled over, some ran away, and Munny responded with
viciousness and retribution.   

This is how it will play out over the next ten to fifteen years.
Cynicism about solutions put forth by corrupt politicians, distrust of
government bureaucrats and crooked bankers, and a society wide
demoralization, as widespread unemployment and declining living
standards for middle class Americans has darkened the landscape like an
approaching winter storm. The disillusionment of average Americans is
reflected in poll after poll, with only 20% of the population satisfied
with the direction of the country versus 70% just prior to 9/11. The
mood change in the country since 2005 is palpable. The gap between the
Haves and the Have Nots has never been greater and continues to widen.
The middle class has floundered for decades, while bankers, politicians
and corporate titans have reaped vast riches through peddling debt and
gaming a system rigged in their favor.

In general, are you satisfied or dissatisfied with the way things are going in the U.S. at this time?

Recent data from the Pew Foundation finds that Americans are sick of
being the world’s policeman. Even conservative Republicans are becoming
more isolationist in their views. This was also the case during the
1930’s in the last Fourth Turning. The vast majority of Americans want
to keep our noses out of other countries’ affairs because they realize
the trillions spent are bankrupting the country.


Even though Americans, by a large majority, favor slashing foreign
aid, ending our three foreign wars of aggression, and no longer allowing
the super rich and mega-corporations to use the 60,000 page tax code as
their means to avoid taxes, our leaders increase war spending, continue
to meddle in the affairs of foreign countries, and seek further tax
benefits for the super rich and mega-conglomerates. The will of the
people is ignored because the government has been bought by the
financial and military industrial complex, with funding by the Federal
Reserve and the banking cartel that pulls the strings on their puppet –
Ben Bernanke.

I’ve previously detailed how the baby boom generation contributed to our financial quandary in Part One – For a Few Dollars More, how the traitorous deeds of the
Federal Reserve over the last few decades have ruined the middle class
and placed the country on the precipice of disintegration in Part Two – Fistful of Dollars, addressed the nefarious conception of a central bank in Part Three – The Good, the Bad, and the Ugly and revealed how the super rich have used the tax code and their control of politicians to pillage the nation in Part Four – Outlaw Josey Wales. Now
I will detail the likely result of years of frivolous consumerism,
creation of a debt tsunami, corrupt myopic leadership, crooked bankers,
and a angry despondent populace. The lack of preparation by government
and individuals ensures this Crisis will be far worse than it had to be.
The violent clash between competing forces will be extreme, bloody and
result in retribution dished out to the guilty. Ultimately, the country
will need to atone for its sins.    


“Reflect on what happens when a terrible winter blizzard strikes.
You hear the weather warning but probably fail to act on it. The sky
darkens. Then the storm hits with full fury, and the air is a howling
whiteness. One by one, your links to the machine age break down.
Electricity flickers out, cutting off the TV. Batteries fade, cutting
off the radio. Phones go dead. Roads become impossible, and cars get
stuck. Food supplies dwindle. Day to day vestiges of modern civilization
– bank machines, mutual funds, mass retailers, computers, satellites,
airplanes, governments – all recede into irrelevance. Picture yourself
and your loved ones in the midst of a howling blizzard that lasts
several years. Think about what you would need, who could help you, and
why your fate might matter to anybody other than yourself. That is how
to plan for a saecular winter. Don’t think you can escape the Fourth
Turning. History warns that a Crisis will reshape the basic social and
economic environment that you now take for granted.” –
Strauss & Howe - The Fourth Turning

This Fourth Turning was as predictable as the seasons. The American
Revolution Crisis ended in 1794. The Civil War Crisis arrived 66 years
later in 1860. That abbreviated vicious Crisis ended in 1865. The
Depression/World War II Crisis arrived 64 years later in 1929. Our
current Crisis arrived in the 2008/2009 time frame, exactly 64 years
after the end of the last Crisis. Strauss and Howe wrote their book in
1996. They knew we had about a decade to prepare for the looming winter
ahead. We had time to fortify, prepare, save, not waste our seed corn on
foreign adventures, and reduce all non-essential spending. Not only did
we not do what needed to be done, we did the exact opposite of what
needed to be done.

The reason is the country has been run by ideologue linear thinkers.
Believers in linear history are constantly blindsided by the fact that
history is cyclical and periods of progress are counterbalanced by
periods of regression. As neo-con Republicans continue to push their
lowering taxes on the rich, Christian fundamentalism, drill drill drill
energy plan, bowing down to Wall Street bankers and wars on Muslims,
drugs, and immigrant agenda, the mood of the country has shifted away
from their falsehoods and fabrications. As ultra-liberal Democrats
continue to push their agenda of ever increasing entitlements,
ridiculous Keynesian stimulus, disengenuous green energy plans, blind
support of corrupt unions, wars to prove they’re as tough as
Republicans, pushing for gay marriage and rolling over for Wall Street
bankers the people of the country have tired of their lies and deceit.  

Our country had a decade to prepare for the coming tempest. All
generations should have worked to elevate the moral and cultural
standards of the country. Instead the decadence, selfishness,
materialism and profligacy of the nation were taken to new heights. The
complete lack of self control exercised by the media and the public has
allowed government bureaucrats to impose despotic laws and regulations
to protect us from ourselves and phantom terrorists. The Federal
government needed to cut back its size and scope so that it would be
nimble in the face of the Crisis. Politicians needed to prevent further
civic decay by speaking bluntly and honestly to the American people
about the future challenges, while stressing collective duties over
personal rights. We needed a revival of citizenship over individualism,
with a focus on future generations who would be left with the fallout of
thirty years of debt induced societal degradation. The government
should have shifted its budgetary focus away from the non-needy old to
the young people of our once great Republic. The future of the country
depends on the young, not the old. The preparation scorecard on all
these accounts is a miserable failure:

  • Since 9/11 the American public has willingly allowed the government
    to strip liberties and freedoms away in the name of safety and security
    through passage of the Patriot Act, spying on US citizens, and wars of
    aggression in Iraq, Afghanistan and Libya.
  • The government wolves control the sheep through the use of fear and
    misinformation. The War on Terrorism is used at every opportunity to
    keep the sheep-like populace under control in their holding pens.   
  • The corporate owned mainstream media glorifies wealth, celebrity,
    and sensationalism while infecting the culture with a vapid mind numbing
    array of TV shows and spewing toxic levels of filth and porn across the
    airwaves and internet.
  • The Federal government cut back its scope by increasing its annual
    spending to $3.8 trillion in 2011 versus the $1.6 trillion it spent in
    1996, a 138% increase in fifteen years. Meanwhile, GDP only increased by
    92% over this same time frame.


  • Our leaders prepared for the tough times ahead by increasing the
    National Debt from $5.2 trillion to $14.3 trillion in fifteen years, a
    175% increase, or almost twice the rate of GDP growth. Rational leaders
    always triple their debt level when knowing harsh times are coming.
  • The blunt talk coming from politicians since 1996 included: buy an
    SUV with 0% financing to defeat terrorism; sure we can pay for your drug
    costs with Medicare Part D; home prices never fall and everyone
    deserves a house; free market capitalism always works; cutting taxes on
    the rich will increase tax revenue; they have weapons of mass
    destruction; debt doesn’t matter; giving bankers $700 billion will save
    our economy; spending $800 billion will generate 3.5 million jobs; and
    QE2 will reduce mortgage rates and jump start the economy.
  • Our leaders have thrown the Millenial generation under the bus,
    while promising to never cut Medicare, Medicaid, or Social Security for
    the 76 million Boomers that make up the largest voting bloc in the
    country. The collective long-term survival of the country has been cast
    aside in the name of the selfish desires of the generations in power.

The lack of cultural and civic preparation has been far outdone by
the extraordinarily deficient amount of preparation in the economic and
military areas. Everyone knows that when you discern tumultuous times
are on the horizon, you conserve, save, and marshal your forces for the
coming storm. Our leaders needed to level with Americans and tell them
the entitlements they were promised could never be honored. Americans
needed to ramp up their savings and become more self reliant in
preparing for their old age. Federal, state and local governments needed
to shift their employees from defined benefit plans to defined
contribution plans. Americans needed to pare back their debt and stop
over-consuming. The government needed to balance budgets, reform the tax
code shifting toward consumption, and reduce entitlement promises.
America needed to gird for a possible war whose scale, cost, manpower
and casualties would seem impossible in 1996 (every prior Fourth Turning
led to all encompassing war). The preparation scorecard for these areas
was dreadful:

  • The most damning data in proving how delusional the government,
    consumers, businesses and banks has approached the future is the rise in
    total credit market debt from $18 trillion in 1996 to an all-time high
    of $52.6 trillion today, or 350% of GDP.


  • Rather than level with people and explain that entitlement promises
    could not be fulfilled, a supposedly fiscal conservative Republican
    President added another $15 trillion unfunded liability to our $100
    trillion obligation. 


  • Our current socialist president rammed through a national healthcare
    bill that will filter 30 million people into the system and will add in
    excess of $1 trillion of unpaid for costs, further burying the hopes
    and dreams of our youth under a mountain of un-payable obligations.
  • Americans, who used to save 10% of their disposable income, were
    only saving 5.5% in 1996. Rather than prepare for the future by saving
    more, they put their faith in housing values growing 10% per year for
    infinity, and let their savings rate drop below 1% by 2005. The current
    level of 4.9% is not sufficient and is reflected in the fact that
    two-thirds of all workers have less than $50,000 in total savings.


  • States have unfunded pension liabilities approaching $3 trillion,
    with the Federal government carrying a $1 trillion pension liability.
    Unfunded liabilities are really future tax increases on unborn
  • The one area that seemed under control in the late 1990s was budget
    deficits. Budget surpluses in the late 1990s turned into $1.5 trillion
    annual deficits today and as far as the eye can see. The national debt
    at 95% of GDP has past the point of no return.
  • The price for a barrel of oil was $12 in 1998. Rather than take
    advantage of this Indian summer and creating a plan to transition from
    depleting oil to other energy sources, our leaders did nothing. The
    American people bought massive SUVs, minivans and pickups and moved
    further into the suburban countryside, miles from civilization. The
    bumpy plateau of peak oil has arrived and oil prices have ranged between
    $70 and $140 a barrel for the last few years. We will long for these
    prices in a few short years.


  • Rather than conserving our military forces and preparing for a
    future major confrontation we have overextended our limited forces,
    spent $1.2 trillion on wars of choice, killed 7,300 American soldiers,
    and wounded another 43,000 soldiers.

The complete lack of preparation, indeed the choice to actively do
the opposite of prepare, has insured this Fourth Turning Crisis will be
that much more destructive.

“History offers no guarantees. If America plunges into an era of
depression or violence which by then has not lifted, we will likely look
back on the 1990s as the decade when we valued all the wrong things and
made all the wrong choices.”
– Strauss & Howe - The Fourth Turning


“The refusal of the political class to imposes losses on large
bank creditors since the collapse of Lehman Brothers and Washington
Mutual in 2008 illustrates the extent to which the financialization of
the western industrial economies has turned into a gradual coup d’état
by the banks and the global speculators who dominate their client base.”
Chris Whalen


“We’re not moving toward Hitler-type fascism, but we’re moving
toward a softer fascism: Loss of civil liberties, corporations running
the show, big government in bed with big business. So you have the
military-industrial complex, you have the medical-industrial complex,
you have the financial industry, you have the communications industry.
They go to Washington and spend hundreds of millions of dollars. That’s
where the control is. I call that a soft form of fascism — something
that’s very dangerous.”
Ron Paul 

As the average American continues their epic struggle to stay afloat
in these turbulent times it is clear to those with critical thinking
skills, like Chris Whalen and Ron Paul, that the game is rigged in favor
of those with enormous wealth and power. There is no doubt the levers
of government and finance have been seized by a super rich minority of
men, willing to use all means necessary to increase their wealth and
power at the expense of those they consider lowly expendable peasants.
The myth perpetuated by those in control of the system is that everyone
in America has ample opportunity to move up the ladder, even as they
push the ladders away from the parapet surrounding their castle.

The talking points of the super rich, which are pounded into the
brains of slumbering Americans, are they pay all the taxes, create all
the jobs, create all the wealth, and drive innovation. The facts say
otherwise. The super rich aren’t creators, they are destroyers. The top
0.1% richest Americans didn’t get rich by creating new companies and
letting their entrepreneurial talents shine. These 152,000 people, with
an average income of $5.6 million per year are overwhelmingly executives
at large corporations, banks, law firms, and real estate firms. These
people account for 68% of the richest of the rich. Entrepreneurial
creators and producers account for less than 10% of the richest
Americans. The executives that make up the 68% are masters of creating
debt, wealth for themselves by peddling debt to the middle class, and
creating jobs in China and India by outsourcing U.S. jobs.

The average income of the 137 million people that sit at the bottom
of the income pyramid has declined by 1% since 1970. The people at the
top of the pyramid saw their average income rise by 385%. Was this
because they worked harder? No. It was because they used their existing
wealth to buy politicians and pay lobbyists to write laws, create
loopholes, reduce regulations, and alter the tax code in their favor.
This was not a conspiracy. It was human nature. Humans are driven by
greed and fear. Lusting for power and wealth is a common human frailty.
Those who are able to acquire wealth and power through their superior
abilities and intellect are usually driven individuals. It is built into
their DNA to seek more wealth and power. There are 310 million
Americans and based on the chart below, only 1.5 million would be
classified as very rich or extremely rich. Many of these people
associate in the same circles. This incestuous relationship is what
breeds the growing inequality in our country. The game is rigged in
favor of these 1.5 million people because they run the corporations,
occupy the halls of Congress, peddle the debt products to the bottom
90%, and use their mass media to control the message to the
under-educated, over-medicated, gadget distracted masses.  


The problem with humans is they always push the envelope too far. The
rich and powerful have methodically accumulated more wealth and more
power since their glorious coup in 1913 with the creation of the Federal
Reserve and the personal income tax. They have used inflation and the
tax code to further their agenda. The rate of their pillaging has waxed
and waned over the last century as the mood of the country has
oscillated during the five turnings between crisis and triumph. The rate
of looting has accelerated in the last thirty years as their false
message of free market capitalism, lower tax rates for the rich, and the
issuance of unparalleled amounts of debt was bought hook line and
sinker by the American public. Their plundering of the national wealth
reached a sickening crescendo in the last ten years, as their internet
bubble was replaced by their housing bubble, which has been replaced by
their debt bubble of immense proportions. As the middle class has been
impoverished, 30 million people are unemployed or underemployed, senior
citizens have been sacrificed at the altar of Wall Street and 45 million
people are forced to use food stamps, the top 1% has done fabulously.
They continue to rake in a greater proportion of the national income
every year.  In 2009, in the midst of an epic financial crisis, the
number of millionaires in the United States soared by 16% to 7.8 million
as despair and hopelessness spread across the land and fearful
Americans were railroaded into bailing out the bankers that initiated
the crisis and believing the Obama’s Keynesian solutions would actually
trickle down to them.


As the game approaches its inevitable termination those in control
have become increasingly audacious and frantic in their attempts to
embezzle what remains of middle class wealth. The anger and
disillusionment grows by the day. The mood of the country darkens like
the sky before an approaching blizzard. The intensity and violence
during a Fourth Turning hastens as events spiral toward a climax. The
extreme actions taken by those in power since September 2008 have set in
motion a chain of events that will lead to civil war. The powerful
elite in government (Bush, Paulson, Bernanke, Congress) chose to bail
out the powerful elite on Wall Street (Blankfein, Dimon, Pandit, Lewis)
on the backs of the American middle class. TARP, QE1, QE2, and the $800
billion stimulus package were all created by the ruling elite to benefit
the ruling elite, who control the vast amount of financial wealth in
the country. Savers and seniors have been thrown under the wheels of a
Lamborghini driven by the profligate Wall Street gamblers.


Average Americans feel betrayed by politicians, bankers and corporate
America. The Tea party movement is a reflection of that anger. Fourth
Turnings always sweep away the old order and replace it with a new
order. The old order isn’t ready to be swept away, but their time is
coming. The U.S. economic model is unsustainable and is guaranteed to
collapse in the near future. Those in power are trying to engineer a
controlled collapse, but they will lose control just as they did in
2008. Panic and depression will ensue. Vast amounts of wealth will be
destroyed. When the middle class realizes they have been screwed again
by Wall Street and K Street, and they no longer have anything left to
lose, they will lose it.

The welfare class will only riot if their EBT cards stop working and
the monthly welfare direct deposit ceases. It’s the critical thinkers in
the middle class that will lead a revolution. There are 250 million
guns owned by Americans. With this amount of firepower and millions of
Americans with nothing left to lose, those attempting to retain power
will be at a distinct disadvantage. I believe armed vigilantes will hunt
down those responsible for the destruction of the American economy and
invoke their own justice. Their gated communities and penthouse suite
doormen will not protect them. No politician, banker, or corporate
executive will be safe. Some will escape in their Lear jets to foreign
lands, but the rest of the world will be equally chaotic and unsafe for
those who committed crimes against humanity. Innocent people will die.
Deserve will have nothing to do with it. The very existence of our
country will hang in the balance.


“The seasons of time offer no guarantees. For modern societies,
no less than for all forms of life, transformative change is
discontinuous. For what seems an eternity, history goes nowhere – and
then it suddenly flings us forward across some vast chaos that defies
any mortal effort to plan our way there. The Fourth Turning will try our
souls – and the saecular rhythm tells us that much will depend on how
we face up to that trial. The saeculum does not reveal whether the story
will have a happy ending, but it does tell us how and when our choices
will make a difference.”  
– Strauss & Howe - The Fourth Turning

“Don’t think you can escape the Fourth Turning the way you might
today distance yourself from news, national politics, or even taxes you
don’t feel like paying. History warns that a Crisis will reshape the
basic social and economic environment that you now take for granted. The
Fourth Turning necessitates the death and rebirth of the social order.
It is the ultimate rite of passage for an entire people, requiring a
luminal state of sheer chaos whose nature and duration no one can
predict in advance.” 
– Strauss & Howe - The Fourth Turning

No one can predict the exact events (debt ceiling, Euro collapse,
Middle East war) that will propel this Fourth Turning. But, the
underlying drivers are clear: public debt, private debt, banker coup,
military overreach, corporate fascism, Federal Reserve created
inflation, an oil dependent society with depleting oil and rampant
corruption across all levels of government. The fingers of instability
grow longer as we add $4 billion per day to the national debt. A grain
of sand will fall on the wrong part of the sand pile triggering a
collapse of our currency. The event is unknown, the timing unclear, but
the destination is certain. A dollar collapse will trigger a surge in
interest rates, which will be fatal to our debt bloated society. Every
previous Fourth Turning involved revolutionary aspects. The American
Revolution and Civil War were wars of revolution. The stirrings of
revolution were rampant in the early 1930s, with a plot foiled by
General Smedley Butler. The New Deal was a response designed to quell
discontent among the masses. Enough people are becoming aware of who to
blame for the ills in our society that Henry Ford’s prediction is ever
closer to being realized:

“It is well enough that people of the nation do not understand
our banking and monetary system, for if they did, I believe there would
be a revolution before morning.”


An uprising against the super rich and their banking cartel partners
in crime is in the cards over the next ten years. Our society has
degenerated and has been ransacked by sociopaths in suits as Jesse from Jesse’s Café Americain  so eloquently states:

“Not all sociopaths wield knives and
knotted cords. Some wear suits, and are exceptionally intelligent and
articulate, obsessively driven, and are able to use and undermine the
law and the rules for their advantage, like weapons.  It is never about
the win, never about the money.  It is about the kill, the expression of
their hatred, about elevating themselves with the suffering of others.
Bind, torture, kill.  Not only with ropes and knives, but also with
power and money, and the subversion of law.  Lawlessness is their
addiction, their will to power.

When societies become lax and
complacent, these sociopaths can possess great political power through
great amounts of unprincipled money.  And over time they become almost
anti-human, destroyers of all that is good, all that is life, all that
offends their insatiable sickness with its goodness.  They twist the
public against itself, and turn a broad sweep of society into their
killing grounds. This is the undeniable lesson of the last century. 
There are monsters, and they walk among us.”

Human beings are a flawed species. We are often driven by emotion
rather than reason. We are easily convinced of things we want to be
convinced about. Those with superior intelligence often take advantage
of those with inferior intelligence. We are prone to mass hysteria and
believing things that, in retrospect, were utterly ridiculous. We can be
swayed by fear and greed in alternating degrees of delusion. History
teaches us that this time isn’t different. We’ve experienced depression,
war and social upheaval on an epic scale three times since the founding
of this country. With only three data points it is tough to discern
patterns that would reveal exactly how this Fourth Turning will play
out. But it is apparent to me that each Fourth Turning alternates
between a mostly external struggle and a mostly internal struggle. The
American Revolution was a struggle against an external oppressor – Great
Britain. The Civil War was an internal struggle between the industrial
North and the agrarian South. The Depression/World War II struggle was
mainly against an external threat – Germany, Japan, and Italy.

The Fourth Turnings that centered upon an external threat ended with a
glorious High. The Civil War Fourth Turning resolution felt more like
defeat, with the country exhausted, bitter and angry. All indications
are this Fourth Turning will be mainly an internal struggle between the
ruling class of bankers, business elites, and politicians and the
downtrodden middle class. The lying, cheating, fraud, theft and other
wrongs committed by those in power will need to be atoned for. The
generational dynamics in place will drive the reactions of the country
moving forward. We have been badly led. A vast swath of the populace has
lived beyond their means. The existing system is unsustainable. The
Boomer generation does not want to yield on their perceived
entitlements. The Millenial generation will be saddled with un-payable
debts. Generation X is caught in the middle of this generational
struggle. The huge imbalances in our society have built up over decades
like flood waters behind a weakening levee. When the levee breaks the
existing order will be swept away in the raging torrent that will

The ruling class will be stripped of their unseemly acquired wealth;
the Boomer generation will be scorned for their reckless disregard for
future generations and stripped of their entitlements; Generation X will
resign themselves to a lower standard of living, knowing full well by
doing so, their children will not be saddled with crushing levels of
debt; Millenials will have borne the burden of the revolution and
violence which will be inevitable as the ruling class fights to retain
their dominating position in society.  Darkness descends upon our land.
Storm clouds gather on the horizon. We’ve all played a part in the
catastrophe that lies before us. Everyone in our crumbling society will
need to atone for its sins, whether they deserve to or not. Will Munney
was not an innocent man, but he ultimately atoned for his sins by
digging deep into his soul and finding the strength and fortitude to
fight the evil establishment. Each generation’s rendezvous with destiny
awaits. There are no guarantees. The myth of American Exceptionalism
will not protect us from the choices we’ve made. God will not shield us
from the consequences of our actions. The American Empire hangs in the
balance. As the ghosts of Roman emperors whisper – Glory is fleeting.       

“The risk of catastrophe will be very high. The nation could
erupt into insurrection or civil violence, crack up geographically, or
succumb to authoritarian rule. If there is a war, it is likely to be one
of maximum risk and effort – in other words, a total war. Every Fourth
Turning has registered an upward ratchet in the technology of
destruction, and in mankind’s willingness to use it.” 
– Strauss & Howe - The Fourth Turning

“History offers no guarantees. Obviously, things could go
horribly wrong – the possibilities ranging from a nuclear exchange to
incurable plagues, from terrorist anarchy to high-tech dictatorship. We
should not assume that Providence will always exempt our nation from the
irreversible tragedies that have overtaken so many others: not just
temporary hardship, but debasement and total ruin. Losing in the next
Fourth Turning could mean something incomparably worse. It could mean a
lasting defeat from which our national innocence – perhaps even our
nation – might never recover.” 
– Strauss & Howe - The Fourth Turning

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max2205's picture


etrader's picture

If someones figured out how to get an  Algo's panties in a bunch, like the last hour of yesterday. It wont be Zzzzzzzzz into the close as they will trigger it 180 degrees in the oposite direction...;)

gmrpeabody's picture

I believe he was commenting on the story, not the market. However, you have a very good point. We shall see.

max2205's picture

Just downloaded the e book so I can read it on the toliet while I do a short squeeze

G-R-U-N-T's picture

"The Boomer generation does not want to yield on their perceived entitlements."

"The Boomer generation"....The dumbest generation of all previous American generations!



4shzl's picture

Total, panic-on short squeeze in the 5-yr. Treasury is what we're seeing into the close.  Is that you covering, Billy-Big-Mouth?

Hugh G Rection's picture

"You just shot an unarmend man!"


"He shoulda armed himself."

JW n FL's picture

You could be a Pig / Cop if you would hand cuff him first then shoot him in the back and then say "He shoulda armed himself"! LULZ!!!


Bicycle Repairman's picture


bgilliam83's picture


Last post I am making on this.  We got BATMOBILE ROLLS ROYCE TANKS MOBILIZING FOLKS!  I'm thinking good time to be safe and get yer money out of the banks

1911A1's picture

Date, time and location of picture?  Any news reports?

Threeggg's picture

I seen this 2 days ago. It was reported in Willowbrook, IL

Threeggg's picture

Ifs itz mies grammers iz beez sorriez.

I had observed this photo previously and it was reported to be taken in the area of Willowbrook, IL


Fixed ?

JW n FL's picture

HomeLand Security!


Which is Code for.. Security for Bankers and Pigs ONLY all other will be run over! LULZ!!

Hacked Economy's picture

Can I get one in black?

Oh, that's right...this is just another item in the list of things *they* allow themselves to have and *we* can't have.

Hook Line and Sphincter's picture

The dealer channels are stuffed with these beauties!

I ordered the one with reclining bucket seats, overhead cam, computerized parallel parking feature, and fiat paper on-board wiping tissue dispenser.

mick_richfield's picture

He ain't yer grammar, ya moron.  He's a guy!


TheFourthStooge-ing's picture

Them schools ain't never learned me no good English.


cosmictrainwreck's picture

holy shit....."boyz and their toys". Police Rescue? Rescue what?

chumbawamba's picture

Their ego.


Mother fuckers.

I am Chumbawamba.

Abitdodgie's picture

I E D the only way to play

Hook Line and Sphincter's picture

If one of their drivers happens to be an acquaintance, a neighbor, or in some cases...your brother, you can make sure his delicious bon voyage dessert, good luck celebratory drink, or nutritional supplement prior to assignment keeps him feeling well loved.

NotApplicable's picture

Why bankers and legislators, of course.

scatterbrains's picture

I can see them now surrounding and protecting the NY Fed building.

kengland's picture

It says "rescue" on the sides. It's ment to save people. Don't worry

Herbert_guthrie's picture

"He had it coming, didn't he?"

"We all have it coming, kid."

Read "When corporations rule the world" (leans a bit more into reality)

Lednbrass's picture

The Civil War Fourth Turning resolution felt more like defeat, with the country exhausted, bitter and angry.


True, but South Carolina has finally gotten even in the end and sent the Yankees Bernanke, stealth nation destroyer extraordinaire.

He who laughs last...

Herbert_guthrie's picture

Who would have thought that South Carolina and Princeton University would contribute so much in financially destroying our nation.

Herbert_guthrie's picture

Yes, but at least Woodrow said he was sorry afterwards.

Iam_Silverman's picture

"Yes, but at least Woodrow said he was sorry afterwards."

It's not afterwards.....yet.

CompassionateFascist's picture

And let's not forget all the good work Prof. Wilson did at Versailles, 1919. WW = Hitler's midwife.

Miss Expectations's picture

Urban legend.  He was never sorry.

jkjacksonhole's picture

Iam conservative and as pro military as you can get.

Been to Iraq Afghanistan, Kosovo,Panama and Grenada. I support any actions where a risk to the US or US foriegn policy exists.

Kosovo, Libya and recent Afghanistan do not meet the test. Nation building in Afghanistan where a single missile costs more than an entire village  to rebuild multiple times is not a military function.

Libya has no value the the US. all we are doing is paying for oil for Europe and they seldom help us at any meaningful financial level.

Iran will be our fight.

So am I am isolationist. No I just believe in picking a fight that we need to fight.

Herbert_guthrie's picture

"Iam conservative and as pro military as you can get."

My deepest condolences.
Live by the sword, die by the sword.

JW n FL's picture

and you think we can hug it out with the Bankerz? maybe sit and talk with them about how since the early 1970's they have added to their wealth will stripping the Working Class of America of EVERYHTING?


How do you think we should handle it? paint some signs? smoke a "J" with them and see if they can get into a better frame of mind?


What do you think will change the behavior of the Bankerz and Lobby Whorez and Pigs??

Herbert_guthrie's picture

I was talking more about the wars created by and profited in by the bankers you so despise.

Smoking a J with them might not be a bad idea.
Then leave them out in the middle of Saline Valley in the middle of August.

hardcleareye's picture

Junked you for "bad form".  You should have left the "idiot" part out and allowed people to draw their own conclusion after considering your statement.

Herbert_guthrie's picture

Bad form junk well-deserved.
Hate to be put in my place, but no defense today.

mlbs's picture

Violence begets more violence. Warefare is not the road to peace, peace is the road itself.

JW n FL's picture

for the last 30 - 40 years you baby boomers have had your way of talking just to talk..


what has talking gained the working people of America?




Fuck YOU! and YOUR BULLSHIT!! Roll Over and Play Dead while they fuck everyone in the ass some more! You are worse than the Bankerz you fucking Coward!

NotApplicable's picture

And your way of talking is no different. It's just more platitudes promoting divide and conquer.

Here's a clue, as long as you attack working people of America, then you do nothing to help the working people of America yourself.

Problem is, you can't see that they are the same people.

BernankeHasHemorrhoids's picture

The "working people" of American are white trash morons who shop at Wal-mart buying the crap made from their future slave masters, the Chinese. It just seems, oh so appropriate.

JW n FL's picture

1. China has 1,200% Leverage per Yaun or Renminbi v. the U.S. Dollar which has 120% Leverage.


2. U.S. Dollars own all the senior debt in China.


3. It has never been nor will it ever be China.. China did not vote in Congress and the Senate to give tax breaks to people who ship jobs to the tune of 50,000 jobs a month from here in the U.S. to them in CHINA!!


4. China has not kept those Tax Breaks in place for the last decade!


5. America has Let the Lobby Whores FUCK our Country to Hell! We have a service economy and a bunch of Mexicans who work for $5 bucks an hour and thats it!

grey7beard's picture

>> Kosovo, Libya and recent Afghanistan do not meet the test.


It would appear your criteria for good war/bad war is what political party is in the whitehouse during the war.  Blindly partisan zealots such as yourself are as much of the problem in this country as politicians on the payroll of corporations. 

Deepskyy's picture

Wow, just wow. 

Kosovo was pointless.  That was a regional/religious/ethnic dispute that had been brewing for years, but kept in check by the Iron fist of the CCCP.  Once the Union fell, chaos ensued and the genocidal tenancies were brought out into the open.  Let the UN handle that shit and take the lead.

Libya?  Why the hell are we bombing K-daffy again?  When did he assault us?  Don't give me this humanitarian bullshit otherwise we would have shelled Tehran during the demonstrations, not to mention Egypt, Bahrain, Tunisia... you get the point.


Afghanistan?  Hell we have been there as long as the Russians were, and haven't accomplished a damn thing more than they did.  They aren't interested in helping us with terrorists, Pakistan is a shithole that harbors islamofacists, and we will NEVER defeat the enemy in Waziristan.  All we are doing is getting people shot up, and burning through money. 


It has not a damn thing to do with who is President, you leftist twit, it has to do with useless wars wasting money and American soldiers lives. 


grey7beard's picture

>> It has not a damn thing to do with who is President, you leftist twit, it has to do with useless wars wasting money and American soldiers lives.


Precisely (minus the personal attach and mislabeling of my political leanings)  No war since WWII has been justified by the US.  I do take offense to those who justify mideeds based on what party did the misdeeds.

topcallingtroll's picture

Iran will be our fight?

How unfortunate if zionists get us to do their dirty work for them.

I have no beef with iran. If we dont bother to do anything about a pakistan, india, or israel with nukes then it seems hyocritical to worry about iran.

Clark Bent's picture

Pakistan already got 'em, and that hasn't been good for anyone last time I checked. Israel may have them. And India is not doing anything with theirs. Nobody has a beef with Iran. But they sure have a beef with everyone, including their own people. If you can't distinguish between the propensities and open bellicose assertions of Iran, and the actions of Israel, you won't be long in improving your education. Zionists, really.