Simon Black's Advice To Young People: Grab Your Ankles

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Thu, 12/16/2010 - 17:09 | 812406 ShankyS
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Do we get lube at least?

Thu, 12/16/2010 - 17:15 | 812415 Cheesy Bastard
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"NO SOAP FOR YOU!" said the famous "soap nazi".  "NEXT!"

Thu, 12/16/2010 - 17:21 | 812447 kornholio
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wasnt that soup?

Thu, 12/16/2010 - 17:38 | 812474 Cheesy Bastard
Thu, 12/16/2010 - 20:45 | 812936 hambone
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Uhhh, ankles?, no. 

I'll grab something but not my ankles.  Those kids in Greece and London are just getting us ready for kickoff.

Thu, 12/16/2010 - 20:58 | 812963 LawsofPhysics
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Yes, it is "soup", hence a primary example of someone who needs to grab their ankles. Troll away...

Thu, 12/16/2010 - 21:00 | 812969 Bananamerican
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"in which members of the royal family ended up being victims of righteous mob anger"

hyperbole.

Someone "kicked the royal car", not the royal caboose

Thu, 12/16/2010 - 17:13 | 812422 centerline
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No.  But the Fed will talk dirty to you first.

Thu, 12/16/2010 - 17:15 | 812427 Matxeu
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gubment can only afford lotion

Thu, 12/16/2010 - 19:10 | 812733 Gubbmint Cheese
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this one has aloe!

Thu, 12/16/2010 - 17:24 | 812439 DavidPierre
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The US disintegrating?
USSA self-destruction has been a Russian and Soviet theme for decades.
The Russians should know...having watched their own Union disintegrate.
Is that so really unlikely?
It is if you don't know history.
Strangely missing from the hysteria over a Russian academic's prediction is the existence of a well reasoned study of the same topic by an American academic and venture capitalist Juan Enriquez.
Read his book "The Untied States of America" Enriquez has a 50 year time frame and he's not predicting (much less hoping for) dis-integration of the US into smaller countries.
But he points out that not only is it possible, there's evidence the US is on this seemingly unlikely trajectory.
ALL states disintegrate over time. Anyone who doesn't know this hasn't thought about the last 200 years of history. The US came close to dis-integrating less than 150 years ago.

http://www.youtube.com/watch?v=3yRzQz0KMyI

 

Thu, 12/16/2010 - 17:29 | 812459 Ragnarok
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.

Thu, 12/16/2010 - 19:44 | 812816 The Mighty Monarch
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If states' rights had actually been preserved, there would be no need for a split. Don't like your state's laws? Move to another one. That was the beauty of the practically defunct Tenth Amemdment. Ideally the Feds were supposed to defend from foreign aggression, coin money, regulate interstate commerce, and very little else.

Thu, 12/16/2010 - 20:17 | 812892 delacroix
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the STATES were to coin money. only gold and silver, not the federal gov.

Thu, 12/16/2010 - 20:32 | 812917 DavidPierre
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 Jim Sinclair yesterday.

He is absolutely correct ... counties, municipalities, cities and states are flat broke. Cooking the books to "push the problem six month down the road".

The problem now is that these government entities are deadbeats, not paying their vendors. Anyone who believes that Dollars are a safe haven are just plain uninformed nuts because "faith and credit" are collapsing quickly.

 EVERY sort of U.S. government entity from the smallest pueblo to Uncle Samare fiscal wrecks just waiting to be put to death. The Muni bond market is again collapsing ...a shut off of credit. These rates are exploding not because of too much growth, fear of inflation, this is happening because investors understand that they are not going to be paid back. This is the beginnings of a default chain wrapped around the neck of the country and the Dollar.

Think this through very very carefully because at some point in the not too distant future you will be "on your own".

You will need to burn your own garbage, put your own house fire out, get yourself to a private hospital, and defend your life and property after calling 911 only to receive a recording. This is no joke, it is soon to be cold hard reality!

Owning precious metals will shield your financial position but you must calculate ahead for life's necessities that are currently taken for granted. All you need to do is look at the riots in Greece, London, Italy, France etc. to know what is coming. Social handouts will cease and people who are cold and hungry will do what they need to survive,more brutally so, because the ethics of the 1930's (help your neighbor) no longer exist.

Please do not discount this off rantings , it is coming hard and fast, when it fully arrives  PANIC and FEAR will not be strong enough words to describe it!

Sorry for this dose of reality so close to the holidays but it is what is is and it isn't pretty.

via LeMet

Thu, 12/16/2010 - 20:45 | 812932 romanko
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wow! that's some hardcore xxx disaster porn! whew!

Thu, 12/16/2010 - 17:22 | 812450 SheepDog-One
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Theres an app for that. ILube.

Thu, 12/16/2010 - 17:12 | 812413 kato
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not bad. i kind of agree.

Thu, 12/16/2010 - 17:13 | 812418 SparkySC
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Though in my 40's this is an outrage for the Youth of America!

They're getting totally HOSED and it needs to stop.

 

 

Hopefully they'll rise up and enact a Logans Run approach and get rid of the old-bones/cronies!!!!!

 

 

I apologize to the youth and to those who aren't even born yet. 

Our politicians are completely criminal and suffer from mental retardation to the 10th power. 

 

 

Thu, 12/16/2010 - 18:46 | 812696 Sudden Debt
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Like we are blamming the former generations because we will miss out on our retirement, so will they blame and even hate us for blowing their future.

I'm 34, and to be honest. The job I do today, pays well but because our taxes are so high I don't feel that "rich".

We pay 53% on our salaries for taxes, and on everything I buy I pay at least another 20% taxes.

My country is nearly bankrupt and the only sollution will be to increase taxes and do a massive austerity.

I started working in 1999. And believe me, compaired to today that where the golden times.

 

What kind of golden times will they have? This crisis will take at least another 10 years.

Thu, 12/16/2010 - 19:45 | 812818 NotApplicable
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Next, add the hidden tax of inflation, and you can really watch your earnings evaporate.

In 1980, as a high school freshman, we had to meet with the guidance counselor to discuss our future plans in order to ensure we took the right classes to get into college. I remember at the time, the average salary range for an engineer was $33k-$36k. It wasn't enough to be considered rich, but certainly allowed for a comfortable standard of living. So, I decided that being an engineer would be a good thing.

Now, here it is 2010, where I earn considerably more than $36k. Am I better off? Not by a longshot. Using fedgov's own cpi calculator, that same $33k-$36k range requires salaries of $87.6k-$95.6k in order to have the same purchasing power. So, it takes almost three times the income just to match the purchasing power of thirty years ago, and that's with the fake BLS numbers! I'm sure it would make me sick if I did it with shadowstats CPI numbers.

Fri, 12/17/2010 - 12:57 | 813093 pitz
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Its even worse than that, because the BLS stats are garbage, and the perks of being an engineer have gone away (like cheap access to computers, a managerial career path, etc.).   And tax bracket creep has also negatively affected such.

I figure just to equal 1980s purchasing power of an engineer, and the intangible fringe benefits, an engineer would need a $200-$300k/year salary these days. 

Thu, 12/16/2010 - 19:34 | 812792 barkingbill
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what is most disturbing is that they have NO idea. they all have flags in their apartments and think america is such a great country. they have no idea that america is about to take a massive shit on them. but they will find out soon enough I guess. 

Thu, 12/16/2010 - 20:14 | 812882 Simon Endean
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America *is* a great country.   It's the what-passes-for-government that sucks.

Thu, 12/16/2010 - 20:48 | 812938 Thanatos
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Correct.

Thu, 12/16/2010 - 17:16 | 812430 jeffgroove102
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No benefit of a reach around, geez!

Thu, 12/16/2010 - 17:17 | 812435 Dr. Richard Head
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Nor a kiss.  Damn them.

Thu, 12/16/2010 - 17:18 | 812436 centerline
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While I completely agree in principle, in practice how does one not play by the rules in a meaningful way that does not lead to living under a bridge and eating out of a dumpster?  It's not like there is an alternative game to play.

I suppose that the best answer would be to avoid materialism.  To rethink what matters in life.  To minimize your footprint in the game - assuming that the game is still going to exist in near future like it is today.

Most of all, I think the game is up soon and the youth will face entirely different challanges than foreseen here.

Thu, 12/16/2010 - 17:20 | 812444 Ragnarok
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First choose a better game (non-G20 nation), and then minimize your footprint in it.

Thu, 12/16/2010 - 17:26 | 812461 centerline
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+1.  Thought goes through my mind daily.  With my luck though it would be "out of the frying pan and into the fire!"

Thu, 12/16/2010 - 17:29 | 812472 MachoMan
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This sounds like some crazy ass buddhist philosophy.  "we must treat our problems by dispensing with emotion and then we will not care about our problems".  In other words, you can cure materialism by going someplace else and getting treated like shit and being poor...  In other words, learn to love being poor.  In short, capitulate.

Same shit, different country.   

Thu, 12/16/2010 - 17:34 | 812500 centerline
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Ha, ha.  That is seriously funny.  It does start to sound all zen-like though to talk about balance and how everything is inter-related...

Seriously though, the psychology of average American is so twisted at this point that the deprogramming is damn near impossible.

Thu, 12/16/2010 - 17:39 | 812515 Ragnarok
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Choosing a better game would involve choosing one that treat you "like shit." Also, who said anything about being poor (you assume we're poor now)?  People with skills and ambition will prosper in these more accommodating environments.

Thu, 12/16/2010 - 18:11 | 812619 MachoMan
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People with skills and ambition are impotent to use it for their own gain without combining them with machiavellian aptitude.  Yes, you will move to a different locale and suffer the same fate unless you are willing to play the game. 

Thu, 12/16/2010 - 18:20 | 812640 Ragnarok
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.

 

 

Thu, 12/16/2010 - 17:53 | 812572 merehuman
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1 meal per day  and a sleeping bag. Some toilet paper, a water jug and a plastic for the rain.  Did that more than 20 years. I was younger then, folks were nicer and doing better than whats a coming.  anything xtra was luxury. I remained frugal since and only require myself to be happy. Now with a bycicle it could be quite the adventure.

Bullish for life and love. 

Thu, 12/16/2010 - 20:51 | 812945 Thanatos
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You can stay right where you are at and get poor too!

Its the new default.

Thu, 12/16/2010 - 17:27 | 812467 Cognitive Dissonance
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Since the financial system lives and dies on the margins, just reducing your consumption by 5% across 50% of the population, or 10% across 25% of the population and so on will bring the system down.

The mainstream entertainment mind control keeps us all marching to the same beat. We are taught it's useless to resist. Hogwash. There is great power in the numbers and if (hopefully when) the majority wake up, just a little resistance wide spread will topple the vampires.

Thu, 12/16/2010 - 18:30 | 812648 iDealMeat
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+50%..  Reducing your consumption by 1/2 is not only the best form of protesting you can do it also the safest.. It also has the benefit enriching you and making you healthier.

Stop supersizing your Mac'D meal. You don't need the shake either.

1 cup of coffee.. not 2..

Grow more of your own food..

Bike to work.

Turn off your TeeVee and go outside.. It's nice out..

 

PS:  Best CAPTCHA ever:

Math question: *

fifteen plus  __  equals 16

 

Thu, 12/16/2010 - 19:51 | 812830 NotApplicable
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Damn, I thought I had it yesterday with 27 times ___ equals -27.

In other news, I'm getting pretty good at multiplying 2 digit numbers in my head.

Thanks Tyler!

Thu, 12/16/2010 - 19:25 | 812772 Things that go bump
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I sold my house in 2007.  I paid off all my bills and bought physical gold and silver.  I spent the rest on tangibles.  I cashed out the 401K when I lost my job.  I no longer have a bank account.  I've been on funemployment on and off for the past three years, and even when working I am making such a paltry sum that I pay almost no taxes.  On paper I look destitute.   My kids and I consolidated housing, cutting everybody's expenses, so we all live better on much less.  The grandkids like it.  There is always someone around who has time for them.     

 

Isn't this the chance we've been waiting for all our lives? Isn't this the chance to bring down the thing that has been slowly squeezing the life from us since we first drew breath?   There doesn't have to be violence, we can just stop participating and wait for the inevitable.  

Thu, 12/16/2010 - 19:55 | 812845 thegr8whorebabylon
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Ttgb, you are my hero.  This is our chance.

Thu, 12/16/2010 - 19:58 | 812852 NotApplicable
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Multi-generational housing (i.e. community building at its most basic level) is certainly one of the best benefits of this unfolding disaster. Well, except for those seriously dysfunctional families who will probably resort to killing each other. They will only benefit the local news and the police state.

Thu, 12/16/2010 - 20:49 | 812941 dark pools of soros
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the mexicans have been doing that for decades and they dont read ZH

Thu, 12/16/2010 - 20:57 | 812964 Thanatos
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We laugh about this...

I personally know some old dirt farmers that I guarantee will not know that the shit hit the fan until they see all the BMW's running out of gas and a bunch of city folk running down the highway looking for food trucks to stop... They will scratch their heads and shrug their shoulders and go back to whacking dirt turnips and chile pods. They go to Wal Mart once every 6 months... They have Gas tanks at their sites... They won't feel a damn thing...

Until they get rich selling me food.

Thu, 12/16/2010 - 20:46 | 812937 romanko
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that's my plan! :)

Thu, 12/16/2010 - 17:18 | 812437 fightthepower
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The youth of America is far too stupid to grasp what is happening.  Even if they could understand it, they are too busy texting each other, playing video games and using Facebook to even notice it. 

Thu, 12/16/2010 - 17:25 | 812464 Bodhi
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Sometimes it's hard to fault them. They have been taught nothing else from birth to be consumers. Consumers of products, consumers of media.

Thu, 12/16/2010 - 17:38 | 812517 ExpendableOne
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And the governments are consumers of youth. 

Thu, 12/16/2010 - 17:54 | 812521 centerline
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... comment removed.  Original post was frustration rather than what I really think - and didn't deserve the digital space it occupied.

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