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The World Is In Trouble

Tyler Durden's picture




 

Via Mark J. Grant, author of Out of the Box,

The United States is in Trouble
 
We make more than we’ve ever made, we owe more than we’ve ever owed, and we have less than we've had in decades which is distributed to those that did not earn the money. This is a working definition of Trouble. The stock market is at an all-time high while the financial condition of the country has seriously deteriorated. We are printing $90 billion a month of little green pieces of paper while the Democrats yell at the Republicans to up the debt ceiling as they want to spend even more money to promote social welfare programs. We cannot afford the bills that we have now and we are being asked to add more to them. This is a recipe for disaster and I am reminded of those months right before the financial crisis of 2008/2009 where no documentation loans for Real Estate flourished and easy money was the normal course of things.

Perhaps the landscape has shifted from “money for nothing” for property to “money for nothing” for our national debt. Fiscal responsibility has evaporated in a grand scheme to get voters and Obama has put the Chavez Plan in place which appeals to the poorest of citizens, hands them money and expects their support at the polls. Hard work and earning a living are the ethics of past generations that are slowly being ground to dust in the flurry to socialize America and re-distribute wealth and having succeeded and having money is now thought of as a crime not far behind rape and arson. The White Knight is walking backwards and the Red Queen has lost her head and the Mad Hatter is in charge of the tea party.
 
“The trouble with practical jokes is that they very often get elected.”
 
                        -Will Rogers
 
Europe is in Trouble
 
The sovereign debt accounting is a fraud. Liabilities are not counted, contingent liabilities are not recognized and the balance sheet of the ECB is worse than America’s. Collateral considerations are a joke and loans are disguised, hidden and placed in various locked drawers and central bank vaults. The economies of Spain, Italy, Portugal, Cyprus, Greece, Ireland continue to deteriorate as their sovereign yields fall due to the Draghi put and the creation of their little pieces of blue paper which must be used somewhere for something. There is, once again, easy money in the United States but easier money in Europe and so the game continues as anyone with any common sense begins to wonder how it all will blow up and when. Is it to be Inflation or Valuation and will Gold be the next currency or are there going to be other answers.
 
Asia is in Trouble
 
Japan, once thought to be an ascending power, has drifted into a nightmare of insolvency and no growth where Deflation rules and the debts of the country now exceed the ability of their citizens and institutions to own them. The push is on for Inflation as the only way out as they argue with China over some islands that might have some oil reserves. In China growth is slowing, their one party system will not allow outside investment past a certain point, their banks are a shadow of the demands of the country and in disarray as political/economic scapegoats and the numbers that China provides for growth make no sense and so are discounted as maybe-maybe statistics. The central banks of both nations follow the tendrils of the American and European ones and the entire globe is encased in a soap bubble of our own making as some may see the fire but no one knows how to get safely out of the theatre.
 
Find two elephants, two zebras and two giraffes and start building the boat.
 
The World is in Trouble
 
The scheme has worked because there is no place to go, no place to run; no place to hide. The collusion is past anything we have ever seen in history. The central banks of the world are supporting intervention and massive protection of the State and we are witnessing the results while all of the newly created paper must be put somewhere and so bonds rise in price, absolute yields on sovereign debt will fall more, compression will continue and the equity markets will rise. All of this is not the result of fundamentals or of economics but solely the result of little pieces of paper being printed, distributed and having to find a home.
 
“God didn't make the little green apples, and it don't rain in Indianapolis in the summer time. And there's no such thing as Dr. Seuss or Disneyland and Mother Goose, no nursery rhymes.”
 
                -Roger Williams, Little Green Apples
 
Pricked
 
The world is in a gigantic bubble and it is going to get pricked. Now it takes certain magical incantations and special spells to determine all of this but we learned a few things from our last go round so the crystal ball is less cloudy and my wand is at hand. Our last fiasco whacked the banks on the backside as the valuation of their holdings, most noticeably their ownership of subprime mortgages and of mortgage securitizations raised the specter of default and of systemic carnage. This time it will be certain sovereign nations that will be the catalyst. It may be the mundane running out of cash that will cause the torrent to flow as Greece, Cyprus, Spain, Italy, Ireland or Portugal that lines up for more money and is refused by various governments on the Continent. It may be a refusal by a sovereign nation to accede to the demands of the IMF/EU/ECB for funding or it may be social unrest in the spring that unseats some government as nationalism overcomes the grand European experiment. The giant central bank slosh of money has lowered yields but it has not improved the financial condition of any nation on the Continent and so push will come to shove once again. It may be that Germany refuses to waste anymore of their citizen’s money or that Britain will have had enough of being run out of Berlin or it could even be a refusal to fund America’s debt which comes from China and other Asian countries as our creditworthiness deteriorates. There are many pressure points pressing against the Bubble and one of them will give just as the subprime mess was where the prick took place last time. It was all the cause of “money for nothing and chicks for free” and while I am unsure about the chicks I am quite sure that the incredible amount of easy money will take its toll once again. Money, you know, ceases to be money when all that anyone sees is paper and not the guarantee that is imprinted on it. It could be Inflation on a grand scale or worse, Valuation that determines the charade and calls it for what it is and neither result will be pleasant.
 
You cannot keep printing money without consequences and when absolute and intrinsic valuations replace relative valuations then the game is afoot. Lower and lower yields also eventually have a serious impact on the people of a nation, pension funds, insurance companies and backlashes are certainly possible as the lives of people and institutions are put at financial risk. When the survival of the State puts its people in dire straits then, eventually, the citizens will rebel as the nation has forgotten just who composes its constituents. The people and institutions that have the capital will only go along quietly for so long when nations try to take what they have earned and dispossess it for others. The rich will become poorer and the poor will become poorer and when those with the capital have been deprived of it so that everyone is worse off then the Lords of Chaos will be in control once again. Look for securities that float, States that have no debt in Municipals, the few countries in the world that are still fiscally responsible and get ready to hold on to your hat. The charade goes on a little longer but it will not go on indefinitely and the time for preparation is now. When one plus one no longer equals two then something will give. Make sure you are not the one crying “Uncle.”
 
The trouble with going with the flow is that you might be the one that is sucked down the drain!

 

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Sat, 01/19/2013 - 12:24 | 3168799 ak_khanna
ak_khanna's picture

Hit the Nail on the Head.....

 

Countries around the world are taking on more debt without any fruitful attempts to curb their expenditures. This has resulted in a much more fragile and artificially held up financial system which is on a much shaky ground than it was in 2008. In 2008 companies failed due to excessive leverage and debt and now countries are likely to default because they took on the same bad debt on themselves. 

There is no economic recovery because all the efforts of politicians, government, central banks etc are focused on saving banks instead of targeting job creation which is the only way economy can recover. 

http://www.marketoracle.co.uk/Article35345.html
www.letstalkmoney2012.in

Sat, 01/19/2013 - 12:32 | 3168817 qqqqtrader
qqqqtrader's picture

NO job creation AND raise taxes on the ones that have jobs!

Sat, 01/19/2013 - 12:44 | 3168842 oddjob
oddjob's picture

Any taxes paid by government employees are of ZERO benefit.

Sat, 01/19/2013 - 12:48 | 3168854 LawsofPhysics
LawsofPhysics's picture

Given the corrupt fucking state of affairs and the dedication to capital mis-allocation and mal-investment by the current fascist regime, I would say that any taxes paid are now of ZERO benefit.

Sat, 01/19/2013 - 13:04 | 3168891 Xibalba
Xibalba's picture

If the USA can print its own money, why do they collect taxes? 

Sat, 01/19/2013 - 13:20 | 3168923 edwardo1
edwardo1's picture

It's the ability to demand/collect taxes in the dollar that underpins dollar usage. That, however, is not sufficient to prevent a run on the dollar which will occur after the Yen and the Pound are massively devalued in the next few years. I hasten to add that the timetable for the race to the bottom for all currencies against physical goods in general, and, ultimately, physical gold in particular, may be compressed into a shorter period than one to two years.

Sat, 01/19/2013 - 16:31 | 3169360 Enslavethechild...
EnslavethechildrenforBen's picture

They collect taxes because people are stupid enough to pay them. There is no other logical reason that can be debated

Sat, 01/19/2013 - 18:26 | 3169584 edwardo1
edwardo1's picture

It has nothing to do with stupidity. Systematically refusing to pay one's taxes inevitably lands one in jail and financially ruined.

Sun, 01/20/2013 - 08:38 | 3170383 GetZeeGold
GetZeeGold's picture

 

 

....and misuse of tax dollars has zero consequences.

Sat, 01/19/2013 - 13:22 | 3168930 El Oregonian
El Oregonian's picture

Because they want YOUR money, It's "Progressive Liberal 101", Silly!

Sat, 01/19/2013 - 13:46 | 3169008 LawsofPhysics
LawsofPhysics's picture

not quite.  More like "because they want the real value of your labor in exchange for pretty peices of paper, while compensating themselves with quadruple the amount of paper."

Sat, 01/19/2013 - 13:54 | 3169028 Xibalba
Xibalba's picture

But first take away the guns.  Then impose your police mafia to enslave you, or else a FEMA camp

Sat, 01/19/2013 - 14:05 | 3169053 Flakmeister
Flakmeister's picture

Systems that are in the process of imploding rarely accomplish anything like the above...

The laws of post-Diocletian Rome were very harsh and rarely enforced.... Your guns are safe no matter what noise comes out of D.C...  Depending on where you live I'd worry more about my fresh water supply...

In otherwords, quit your fuckin whining...

Sat, 01/19/2013 - 16:28 | 3169141 Xibalba
Xibalba's picture

Guns, like gold, are only safe if they are 'untraceable'  see Katrina, or more recently Star-Ledger.  And as far as the water supply is concerned, nothing a lil' hydraulic fracturing can't fix.  

Sat, 01/19/2013 - 21:37 | 3169861 DaveyJones
DaveyJones's picture

and just to add to concerns..

Insecticide 'Unacceptable' Danger to Bees, Report Finds

but don't worry, pollination isn't that important

Sat, 01/19/2013 - 14:12 | 3169069 savagegoose
savagegoose's picture

They dont need to tax you, but they do need to punnish  you, for not doing what you're told.

Sat, 01/19/2013 - 15:14 | 3169205 daccord
daccord's picture

it comes down to "why the fuck not?" 

Sat, 01/19/2013 - 16:24 | 3169340 Waterfallsparkles
Waterfallsparkles's picture

They collect Taxes because it has a way of reducing the effect of Printing Money.  It is a way to take Money out of circulation.

The problem for most Americans is that the Dollars that they have are worth less because of the Dollar Printing.  Inflation also cuts away at the purchasing power of the Dollar.  With inflation your  wages go up which puts you into a higher Tax backet so that more of your Income is Taxed at a higher level.  This balances out the Printing of Money.

So, the more Money they print the more Money they have to take in Taxes to balance the Money printing.  Yet every time you have less and less.  Kind of like a circle of Poverty.

Sat, 01/19/2013 - 16:33 | 3169365 Enslavethechild...
EnslavethechildrenforBen's picture

Interest on loans takes out three times as much money out of the economy as it puts in to it.

Sat, 01/19/2013 - 16:44 | 3169397 AgAu_man
AgAu_man's picture

Because... although they know that the Emperor has no clothes, and hundreds of thousands or a few million people know this, the whole world must not know it -- just yet.

Until then, they need to keep using fiat to buy up real stuff.  It's the "Do as we say, not as we do." principle at work.

Sun, 01/20/2013 - 18:58 | 3171302 fockewulf190
fockewulf190's picture

Not only does the Emperor have no clothes, he´s sold the Queen´s dresses as well and is now pimping her out.  Overheard him rambling something to the effect of "We are not a deadbeat Kingdom!" .  Right....well, just keep on pimpin´Emp!

Sat, 01/19/2013 - 16:48 | 3169410 Meremortal
Meremortal's picture

Why? The stronger the govt, the weaker the individual.

 

All govts move in the direction of totalitarianism eventually.

Sat, 01/19/2013 - 18:34 | 3169593 mumbo.jumbo
mumbo.jumbo's picture

the same reason why there are dozens of different tariffs and taxes (of which inflation is just one): to keep the sheeple in the dark about how much wealth is siphoned off by the central planners.

Sat, 01/19/2013 - 20:06 | 3169745 earleflorida
earleflorida's picture

corrections, 'for taxes without representation is a levy upon the heart and soul of a dying republic's core?'--  only upon the 'middle {[an adam?][ or eve?]} class', that eventually will lose its neutron?--  metaphorically speaking, there are three particles that make up an atom,... also known in the land of OZ the IRS-- *[proton/ upper class... the neutron/ middle class... and the electron/ poor class]-- but it all comes down logically to the 'four forces' ie. electromagnetic which is for all practical means and purposes, the socialist ussa-- next,... the strong & weak forces eg. the majority & minority,... and lastly, gravity,... the middle class that's fast becoming the first to arrive at the 'event horizon'! 

besides... when's the last time any u.s. corporation has paid taxes under the guise of a multinational in any country? 

Sun, 01/20/2013 - 09:48 | 3170436 jimmytorpedo
jimmytorpedo's picture

Taxation is about control.

It no longer has anything to do with money.

Sun, 01/20/2013 - 14:13 | 3170708 Neo1
Neo1's picture

Use federal reserve notes and incur an Irrecusable obligation.

Sun, 01/20/2013 - 14:22 | 3170719 Neo1
Neo1's picture

Redeemed 12USC411 12USC501a Refusal Penalty

Sun, 01/20/2013 - 16:54 | 3171105 new guy
new guy's picture

It is morally reprehensible that western governments;through excessive taxation, should force private sector workers to put their children to bed hungry so that public sector workers can continue to eat beef for dinner. This cannot continue. The only question that remains to be answered is how much more pain is the state willing to inflict on its people before the inevitable collapse.

Sat, 01/19/2013 - 12:49 | 3168860 FoeHammer
FoeHammer's picture

Any work/solution provided by government employees is of ZERO benefit.

Sat, 01/19/2013 - 13:36 | 3168979 Snakeeyes
Snakeeyes's picture

Yet the US media cheers our Soviet-era President Obama ... when the US can't even keep up with BULGARIA!!

http://confoundedinterest.wordpress.com/2013/01/19/is-the-us-economy-rea...

Sat, 01/19/2013 - 12:36 | 3168825 LawsofPhysics
LawsofPhysics's picture

Jobs doing what?  It takes energy in order to actually do anything.  The available energy on earth has flatlined since 2008.  Grow up and accept the fact that a new paradigm is coming.  The old eCONomic model requiring growth is dead.

Humanity is the ultimate unsustainable ponzi.

I remain long sharecropping, any physical assets of real value, and the means/tribe to protect it all...

Sat, 01/19/2013 - 12:50 | 3168865 cossack55
cossack55's picture

Yes. Read "Daemon" and "Freedom" by Daniel Suarez.

Sat, 01/19/2013 - 13:06 | 3168897 francis_sawyer
francis_sawyer's picture

You mean the 'exponential growth' paradigm on a 'finite resource' planet model is dead?

~~~

What in Sam Hill is goin' on around here?

Sat, 01/19/2013 - 17:01 | 3168898 francis_sawyer
francis_sawyer's picture

<== I predict I'll get one vote here

<== I predict 3 votes are coming here 

Sat, 01/19/2013 - 18:15 | 3169567 qqqqtrader
qqqqtrader's picture

actually CV, this "UP/DOWN" arrow needs to have another... a neutral, or Nolo contendere, this way you'd prolly get alot more "neutral" votes as opposed to down votes... maybe not

Sat, 01/19/2013 - 13:11 | 3168905 Jason T
Jason T's picture

Increase the energy flux density..or die.  

Sat, 01/19/2013 - 13:19 | 3168922 mess nonster
mess nonster's picture

Peak oil bitchez... yeah, LoP, had to jump in here, since I was perusing the equations that govern elasticity, ie Hooke's Law...

So the question is, "How much can it stretch without breaking?

Well there are variables, which means we can just guess, and at this point, everyone's intuitive physics says we're past the calculated limits of extension.

If given a perfect environment, ie, variables are all known, then elasticity calcualtions can be more certain. Of course what is not known are the internal variables, such as impuritiies in latex for example, that may provide hidden weak points.

In an open environment, where variables are not known, anything may provide a catalyst for sudden discontinutiy of the stretched material. A dandelion seed might come in contact with the soap bubble. The point is, once the substance is stretched to near its absolute limit of elastic potential, the number of variables which can cause a catastrophic discontinuity increase as an exponent of that progression towards the absolute limit.

of course, central bankers are magicians, not scientists. Their specialty lies in conjuring and illusionism, and in their ability to employ incantations that bind the dark powers of the transdimiensions to do their bidding, and create effects that seem unreated to primary cause. of course, they are deceived. The dark forces are the masters, and the bankers are the slaves. We should feel sorry for them. Their fate will be much worse than ours.

At any rate, I find it hard to define a catastrophic discontinuity of the elastic substance which had held within it a pressure elevated above that of the surrounding environment, a "hyperinflation". I must consider any such sudden, catastrophic discontiutity, in which there is a sudden and startling equalization of pressures, exactly what it is... DEFLATION.

 

Sat, 01/19/2013 - 13:24 | 3168935 LawsofPhysics
LawsofPhysics's picture

Trying to keep my various crops alive and employees employed is enough for me.  No way I will wander into the prediction of how such complex systems will behave like the earth's biosphere (a closed system from a thermodynamic perspective).  It's good to be optimistic and realize that lots of things "could" happen that might turn things around but it's just plain stupid not to hedge accordingly when you see the fucking catastrophe coming right at you.

Sat, 01/19/2013 - 13:33 | 3168967 secret_sam
secret_sam's picture

    the earth's biosphere (a closed system from a thermodynamic perspective

To pick the nit: the Earth's biosphere isn't closed.  Virtually all the energy is provided from an external and effectively unlimited source...

Sat, 01/19/2013 - 13:49 | 3169016 mess nonster
mess nonster's picture

However, from a standpoint of human economics, as expressed in thermodynamic terms, it is an effectively closed system.

Economics is simply an expression of heat energy transfer. Money is a medum of that heat energy transfer. The more heat generated the more wealth, and thus the more wealth equivalent tokens generated, excpet when we indulge in creating more such tokens artificailly to disguise the heat energy deficit between elevated demands and shortfalls in supply.

The solar energy that is our planet's input is not readily available to humans. it is a vast energy source, but far too diffuse for our direct use. We almost always, no, ALWAYS have to concentrate it, or consume some other concentrator. The photons are useles to us in EVERY CASE. Even photovoltaics represent a vast concentration of previous solar energy, perhaps so much so that an accurate accounting of the EROEI may never be recouped over the life of the panel.

The time delays for most concentration systems are too great for renewal over the life-span of civilizations. Thus, for all practical purposes, we are stuck with what we have, and when its gone, its gone.

P.O.B.!

 

 

 

Sat, 01/19/2013 - 15:23 | 3169224 nofluer
nofluer's picture

The solar energy that is our planet's input is not readily available to humans.

Wow! Dude... you must have slept through Jr High health classes! All you have to do to directly access the Sun's energy is go out and stand in its light. Your skin absorbs energy from the Sun, the surface of your skin is heated by the rays of the Sun, and your body is irradiated by the Sun's radiation which can have either beneficial effects such as the generation of vitamin D, or negative effects, such as being burned or irradiated to the point of genetic mutation (aka skin cancer) depending on how much Sun you choose to absorb DIRECTLY.

If you set up a reflector, you can focus and concentrate those diffuse streams of photons and directly cook a hot dog or light a fire. (It's still winter so you can make a reflector or a lens out of ice.) Or if you are in space, you can create a solar sail out of your tinfoil hat and you get 2X the motive power from each photon that hits the sail... so you get a freeby! (A photon imparts twice it's momentum to the sail when it bounces off. Although a photon has no mass, it is nevertheless a particle because it has momentum.)


Sat, 01/19/2013 - 15:30 | 3169234 sgorem
sgorem's picture

Using the biometric calculation of apple pie squarepants to the 9th degree, adding vertical cortex(minus alternative affirmation of course), photovoltic/electolyte synthysis can and will be concentrated diametrically across all problematic scenarios,resulting in corresponding degredation of the linear ad infinitum, directly resulting in catastrophic annilation of all inverted, organic molecular combines within the nuclear arenas. Such is our circumstance, H E D G E accordingly."one good joke deserves another"...H O G 

Sat, 01/19/2013 - 17:54 | 3169530 secret_sam
secret_sam's picture

     The solar energy that is our planet's input is not readily available to humans

Nonsense.  Our economic system has evolved to discourage people from collecting their own energy, that's all.

Sat, 01/19/2013 - 13:51 | 3169020 LawsofPhysics
LawsofPhysics's picture

go look up the definition of a closed system.  You are talking shit.  energy can still be exchanged in a closed system.  Don't blame me, this is how it is defined.  With the exception of an occasional metior, very little matter is exchanged in such system.  Do your homework before opening your mouth next time.

Sat, 01/19/2013 - 15:22 | 3169223 michael_engineer
michael_engineer's picture

But his assessment is spot on in ways.

Sat, 01/19/2013 - 18:36 | 3169597 qqqqtrader
qqqqtrader's picture

yeh, but, when you add meteors into the equation, all hell breaks loose and everything falls apart!

Sat, 01/19/2013 - 17:59 | 3169539 secret_sam
secret_sam's picture

A closed system can't exchange matter with the surroundings, but the Earth does that also.  Matter falls to Earth constantly, and gases leave it.  Look it up.

Sat, 01/19/2013 - 15:08 | 3169194 nofluer
nofluer's picture

Virtually all the energy is provided from an external and effectively unlimited source...

Wrong on several counts... the Earth recieves and radiates energy, and also has a 12,000 degree (+/-) core (which is hotter than the surface of our Sun)... to say nothing of the latent inertial energy of the planet's spin.

Slap an efficient non heat conducting thermal blankie around the planet to cut off external heat, and eliminate energy radiation to space and we'd cook in our own juices.

And although in terms of human life spans Solar energy is "effectively unlimited", the reality is that we live with a very small and weak star that will one day stop cooking our hamburgers for us... if we can manage to refrain from killing ourselves off that long.

Sat, 01/19/2013 - 18:02 | 3169544 secret_sam
secret_sam's picture

   Wrong on several counts... the Earth recieves and radiates energy, and also has a 12,000 degree (+/-) core (which is hotter than the surface of our Sun)... to say nothing of the latent inertial energy of the planet's spin.

   Slap an efficient non heat conducting thermal blankie around the planet to cut off external heat, and eliminate energy radiation to space and we'd cook in our own juices.

Your assertion is that the Earth radiates MORE heat than it receives from the Sun?  No.  Not even close.  Back to the books, son.

Sat, 01/19/2013 - 22:34 | 3169970 zerozulu
zerozulu's picture

Yhe issue is a 110lbs bitch doing grocery on a 4000lbs monster.

Sat, 01/19/2013 - 13:58 | 3169037 post turtle saver
post turtle saver's picture

The earth's biosphere is not closed from a thermodynamic perspective. You need to study the laws of thermodynamics again because you are simply wrong. As long as the Earth receives solar and cosmic radiation, it will _never_ be a closed system.

People who promote the idea that the Earth is "a closed system from a thermodynamic perspective" are simply unable to show the math that would support such a notion. The Second Law restricts possible changes in entropy when a system makes the transition from one state to another. It requires that the initial state, as well as the end state, both be in thermodynamic equilibrium, and that throughout the transition the system must be thermodynamically isolated. The Earth and biosphere do not satisfy any of these conditions, hence the conclusion is that the Second Law does not apply.

In short, you can take your closet creationism and stick it where the sun doesn't shine (btw, that's the joke).

Sat, 01/19/2013 - 15:01 | 3169184 LawsofPhysics
LawsofPhysics's picture

The definition of a closed system has nothing to do with math.  It has to do with the exchange of energy or matter.  Unfortunately for you, details matter.

Sat, 01/19/2013 - 21:03 | 3169814 post turtle saver
post turtle saver's picture

You are wrong. First, the concepts of "closure" and "closed sets" are mathematical constructs. Second, making any distinction between energy and matter in the course of discussing these Laws is a red herring - energy is energy. The Laws deal purely in thermal and thermodynamic equilibrium.

Unfortunately for you, I actually understand how the Laws in question work and won't be swayed by your metaphorical bullshit and intellectual dishonesty. Take your snake oil out of here and go sell it to the commoners.

Sun, 01/20/2013 - 02:40 | 3170230 steve from virginia
steve from virginia's picture

 

Any yr point is ... ?

Sat, 01/19/2013 - 18:33 | 3169590 AgAu_man
AgAu_man's picture

It is useful and accurate to 'view' (treat) the planet as a 'closed' system insofar it has finite size and resources.  Whatever solar energy we have from the past (stored in nature's ancient "batteries" of coal, oil and gas), or we have in daily sunshine, is also "finite".

When the old resources are depleted, they are gone.  Unless we can recycle them; but that will require a small, moderate or exhorbitant use of energy, labor, other resources, and 'money' (real if fiat).

When the 'old' energy is depleted (i.e. 'released', hopefully into some productive work) and resources mined into ultra-low density levels, all we are left with is (a) very finite resources and (b) very finite energy: daily solar, water and wind energy for daily life.  Brains, peaceful collaboration and hi-tech will help us extract the maximum value for maximum quality of life on finite resources and finite energy.

Nature's resources and ancient energies are being used and abused by a bi-pedal species that 'thinks' (?) it has the "God-given right" to do as it pleases.  Yeah, sure.  Credence to ancient-books-collected-into-a-volume (i.e. Bible, Kuran, etc.) aside, and credence to ancient Personalities-with-poor-hygiene-and-very-poor-education by today's standards aside, this species may not have that right, or any debatable right mandated from 'above'.  But it certainly has the genetic mandate to survive, procreate and thrive. 

In most cultures -- even 'primitive' cultures -- the natural limits are obvious.  To our Western, hi-energy, hi-consumption culture of the last 100 years (fueled by land-grabs, cheap resources, cheap labor, and cheap fiat money), we seem to think that this game and lifestyle can and indeed should continue.  "Why, it's in our very 'freedom' that we have these material and consumption freedoms.  If we could only 'export' our 'freedoms', then everyone could have our Prosperity".  To what end? 

To what end do we want everyone to have our Freedoms?  Prosperity & Freedoms built on OPM and OPE (Other People's Everything).  You want them to play the OPE game also?  Keep OPE'ing.  Got 'OPE?  LMFAO!

The TPTB have realized years ago that humanity has entered the End Game.  The End Game for real estate and natural resources.  There are no more free or easy land-grabs.  Yet the critters just keep on breeding like primitives.  Like yeast in a beer tank.  Dumb yeast that do what yeast does, but does not know that eventually, when they have served their purpose (converting warm water and starches or sugars into useful alcohol and CO2 under ideal conditions of max yield), and their fermantation process is over, it's over.  Nothing left to consume or produce, poor yeast.

Now it's all about stocking up the national larder and prepping for a very very long resource winter.  They, the TPTB are prepping.  Are you?  They are prepping for a new regime.  A new regime that is a reversion to a very old regime:  Feudalism.  2.0.  New & Improved.

Its birth, like all human births, will be painfull and messy.  Not all are assured to survive or thrive.  They can't have the Neo-Peasants running around with fancy weapons.  Got The Stuff Of Life for the phase when shelves will be bare?  Or just PM's for breakfast, lunch & dinner?  When too many go hungry, you may find that 'food price inflation' has hit your PM's also.  You may have a gold-confiscation of a different sort: Gold-for-Food programs.  Chew that one over for a while.  :-)

Sat, 01/19/2013 - 20:39 | 3169782 post turtle saver
post turtle saver's picture

It is neither useful or accurate to treat the Earth & associated biosphere as a closed system. The Laws of Thermodynamics aren't metaphors, they are mathematical equations.

Sunlight alone accounts for 12.2 trillion watt-hours per square mile per year as energy input into the Earth's supposedly "closed" system. Consider the enormity of that number for a moment. It's a level of energy input that can make almost anything possible. If mankind suffers from any scarcity the biggest is lack of imagination.

Sun, 01/20/2013 - 14:50 | 3170743 AgAu_man
AgAu_man's picture

Did you actually read the ENTIRE first sentence, or does the lack of the key words like Entropy or Thermodynamics not deter you from staying on that particular podium? Read again. I talked about size and resources, and that -- Einstein -- is indeed very much 'finite'. Hence: May be treated as a closed system.

Now, dusting off my Thermal & Statistical Physics notes... I recall the prof defining an open or closed system quite clearly. I was there and awake. Such a model is a useful teaching construct, to simplify the REAL world into something that is easy to process for 'mere' Undergrads in Mech Eng or Physics classes. It works nicely at that level, and makes the math and associated number crunching manageable, for homework and exams.

Now, for those who were there and awake... We all learned that in the REAL world (outside the classrooms), there is virtually no such thing as a pure Closed system. Energy is always exchanged. If anything, it then becomes useful and mathematically practical (with the right computer and SW) to use FEM for an FEA. Finite Element Models and ..Analysis.

The pleasant stroll down Thermal Lane aside, let's get back to the more practical and pertinent topic: The closed system of earth's finite size and finite resources, and man's genetic mandate to procreate into oblivion, while consuming oodles of both, shitting everywhere, hunting, killing and consuming everything along the way.

Now THERE is an open & shut case of a doomed system. A system also fueled -- by design! -- to also keep growing geometrically.

I think we can all agree how this trend ends: A number of 'cliffs' on the way down humanity's Grand Canyon.

Sun, 01/20/2013 - 21:10 | 3171340 post turtle saver
post turtle saver's picture

It must be physically painful to be that incorrect. At least, in your case, I hope it is. You don't dump 8.2 million quads of energy per year into a fucking system and model it as closed. That's four orders of magnitude more than the sum of humanity uses. With that amount of energy _anything_ can be recycled cheaply if not synthesized outright from scratch. Get over yourself, you're wrong, case closed.

Mon, 01/21/2013 - 02:28 | 3172102 AgAu_man
AgAu_man's picture

Do you suffer from ADD, or have other 'issues'?.   You and I are talking about entire different things and past each other.  I 'm talking about MATTER (resources) being finite, and you're talking about ENERGY from the sun.  Take that ADD pill and re-read.

Oh, and I predict you'll be preaching how you'll convert all that solar energy into matter, cause E=mc^2.  Let us know when the IPOs come out.

In the meantime, Einstein, the world and TPTB are no doubt paving a freeway to your doorstep -- just so they won't have to dig, drill and harvest those resources all over the globe.  How unenlightened they must be, not benefitting from your Star Trek Synthesizer.  Or basking in the glow of your unique brilliance.

"Arguing with a fool is a bit like mud-wrestling with a pig.  After a while, you realize that the pig is enjoying himself".

Sun, 01/20/2013 - 12:24 | 3170579 AnAnonymous
AnAnonymous's picture

The earth's biosphere is not closed from a thermodynamic perspective. You need to study the laws of thermodynamics again because you are simply wrong. As long as the Earth receives solar and cosmic radiation, it will _never_ be a closed system.

People who promote the idea that the Earth is "a closed system from a thermodynamic perspective" are simply unable to show the math that would support such a notion.
_______________________

Or they are 'americans' staging an 'american' debate, that is verbose speech to avoid facing the issue and keep depicting 'americans' for what they are not (see for example Lance Armstrong)

The Earth is not a closed system. This is a point.

But the point is that the Earth plus the Sun form a closed system or a very good approximation of what a closed system is.

And all the analysis has neither to be conducted on the Earth alone but on the system formed by the Earth plus the Sun.

And you'll end with some conclusions.

But 'americans' stepped in with that infinite growth meme which is in direct relationship with their so called ability to overcome the environment.
With such claim, the Sun plus Earth being a closed system is negated.

Ah, yes, 'americans' came up with that overcoming the environment ability story to justify their long streak of theft of environment.

All this for the better of humanity:

with the others, all humanity could have hoped is to make it till the Sun fades out.

With 'americans', there is no horizon. The Sun's death is no limit as 'americans' can overcome the environment, meaning either settle other planets with younger stars or even move the Earth into systems with younger stars (read work by 'american' scientists)

That is why 'americans' in control of the world environment was the best thing to ever happen to humanity.

With others in charge, humanity has no hope, only a slow decay toward oblivion.

With 'americans', no limit, nothing to be refused to humanity.

All that story to conceal what thieves 'americans' are.

The reality: 'americans' can not overcome the environment. But they can consume it faster and bigger, much faster and much bigger than anyone else.

Final point: the decline and the end game 'americans' justified their theft with has probably be sped up by 'americans'

Funny, isnt it?

An 'american' world is a funny place to live.

Sun, 01/20/2013 - 12:55 | 3170616 post turtle saver
post turtle saver's picture

Speaking as an "American" (by which I assume you mean U.S. citizen), I understand your frustration but please don't paint us all with the same brush. We'll do our best to do likewise... nobody's perfect.

Some perspective on this whole "heat death of the Earth's biosphere" discussion... the number I quote above for energy transfer from the Sun is roughly translated into 8.2 million "quads" of BTU energy per year. For comparison, humanity's current yearly energy consumption is around 400 "quads" of BTU energy per year. A "quad" is a quadrillion BTUs. Basically, yearly sunlight transfers an amount of energy to the Earth that's over 20,000 times greater than that of current yearly consumption of all of humanity.

The energy is there to be had. Someday, someone will get all this figured out for capture and distribution. When they do, this generation will look like the people that thought the world was going to end when whale oil supplies dwindled - completely irrelevant.

Sun, 01/20/2013 - 16:28 | 3171065 TheFourthStooge-ing
TheFourthStooge-ing's picture

AnAnonymous fails thermodynamics in this manner:

The Earth is not a closed system. This is a point.

Correct, and if this insightful insight did not consist of a simple observation observable by any, it could be worthy an assessment of notable value.

[Side notation: with diligence take noticings of AnAnonymous conceding a point existing thereof.

Rarityness of remarkable magnitude. Surely to be treasured...]

But the point is that the Earth plus the Sun form a closed system or a very good approximation of what a closed system is.

Nope. Not even close in approximatation. Earth pours radiatings of heat, given on the wavelengths of infra-redness, onto the openness of space. This gives placement concerns to greenhouse gas carbons dixoide for holding back these radiatormentation.

And all the analysis has neither to be conducted on the Earth alone but on the system formed by the Earth plus the Sun.

Nothing more than surmise, pure intellectualism. Might as well say that the Earth plus the Sun plus open space and universe form a closed system or a very good approximatings. Reduces your statement to nonsensity.

And you'll end with some conclusions.

Best conclusion lack of concerning to accuracy of that stuff on your part. Indication gives of this quality to remaining of your story.

Your story is a fine story still has little to do with reality.

Sat, 01/19/2013 - 13:34 | 3168971 SelfGov
SelfGov's picture

Technological progress (More efficient use of energy) reduces the need for human resources.

Capitalism on a finite planet is a zero-sum game. That is why those with the most money are blamed for this mess.

It is no wonder people with money are squealing like stuck pigs...

 

"...having money is now thought of as a crime not far behind rape and arson."

Sat, 01/19/2013 - 13:53 | 3169024 LawsofPhysics
LawsofPhysics's picture

"Technological progress (More efficient use of energy) reduces the need for human resources."

---------------------------------

Yes, so what do you do with all those useless humans then?  Oh wait, crap...

Sat, 01/19/2013 - 15:20 | 3169219 NidStyles
NidStyles's picture

Write another book based on the same faulty ideas that Malthus based his on?

Sun, 01/20/2013 - 08:52 | 3170399 Henry Hub
Henry Hub's picture

Malthus wasn't wrong. He was just early as time will prove.

Sun, 01/20/2013 - 15:24 | 3170917 NidStyles
NidStyles's picture

Malthus was wrong then just as he is now. The population never runs without bounds. In every industrial society the population met a peak and tapered off. That means that uncontrolled exponential population increases are not reality.

 

Hence Malthus was and still is wrong.

Sat, 01/19/2013 - 15:23 | 3169225 daccord
daccord's picture

natural resources, repurposed inputs. C'est ici.. 

Sun, 01/20/2013 - 10:56 | 3170491 Sparkey
Sparkey's picture

Yes Laws, now you know!

Sat, 01/19/2013 - 15:19 | 3169214 NidStyles
NidStyles's picture

You are espousing the Montaigne fallacy. In other words you conclusion is wrong because you are starting from a faulty premise.

Sat, 01/19/2013 - 15:40 | 3169259 nofluer
nofluer's picture

Capitalism on a finite planet is a zero-sum game.

But we don't live on a finite planet as far as either energy or wealth is concerned. There is not only the continuous input of solar and cosmic radiation, but there are the other types of energy that cannot be measured with a meter... things like ideas and total available (useable) human labor which are wealth multipliers. The reason that our economy is going to shit is because the Obama/Socialist paradigm is that money/wealth is a zero sum game and if the poor need more, you must take if rom the rich - which is complete and utter BS. It is Socialism, NOT Capitalism that is the zero sum game.

Sat, 01/19/2013 - 14:06 | 3169056 Black Markets
Black Markets's picture

The available energy on earth has flatlined since 2008.

---------------------------------------------

That's total BS.

The available energy on earth has flatlined since 100 million BC.

It's actually been in sharp decline since about 1850.

Sat, 01/19/2013 - 16:17 | 3169322 LawsofPhysics
LawsofPhysics's picture

The energy that is controlled/available to humans has certainly flatlined.  Technically, the first law would imply that enegy has flatlined since day one (neither created nor destroyed).  Sigh, the planet will be fine, it's the humans that are fucked.

Sun, 01/20/2013 - 12:29 | 3170590 AnAnonymous
AnAnonymous's picture

That's total BS.

The available energy on earth has flatlined since 100 million BC.

It's actually been in sharp decline since about 1850.
____________________

Un PC speech. Un 'american' speech.

It raises the question of squandering a finite capital.

And remember the official mantra in 'americanism': 'americans' do not squander capital, they amend it, they add to it.

The others, the ones that do not consume the capital, are the ones squandering it.

'American' economics is all about consumption. There is no savings in it.

When you do not consume a limited capital, you squander it.
The faster, the bigger you consume it, the better you employ it.

Those are the conclusions drawn by the 'american' philosophy, the best thing to ever happen to humanity, this has to be remembered.

Sun, 01/20/2013 - 21:06 | 3171574 akak
akak's picture

Un WC speech. Un Chinese shitizenism speech.

It raises the question of squandering a finite capital of tiger penises, shark fins and bear gall bladders.

And remember the official mantra in AnAnonymousitizenism: Chinese shitizens do not squander capital, they amend it, they add to it.  Only 'americans' consume resources and do bad things; Chinese shitizens are blameless in all things (even the rape of Tibet).

The others, the ones that do not consume tiger penises and shark fins, the "foreign devils", are the ones squandering it.

Chinese shitizenism economics is all about consumption. There is no saving of the unsoiled roadside in it.

When you do not consume a limited capital of canines, you squander it.
The faster, the bigger the dog you consume, the better you employ it to extrude you pupu platter of Chinese hypocritizenism on the roadsides.

Those are the conclusions drawn by the Chinese shitizenism philosophy, the best thing to ever happen to blobbing-up and insanitation, this has to be remembered.

Sat, 01/19/2013 - 16:56 | 3169422 Milestones
Milestones's picture

It is called popullution. When you have 7Bn on a planet that can support 2bn persons,you have M.F.problem.       Milestones

Sun, 01/20/2013 - 12:33 | 3170595 AnAnonymous
AnAnonymous's picture

Of course, the usual exit for 'americans'

The current issue is not the number of people the world is populated with.

The current issue is the number of 'americans' the world is populated with.

2bn 'americans' are by far way too much for the Earth to sustain.

Tapping history, one could wonder if the number of 'Americans' in the world on July, 4th, 1776, is not too much for the Earth to sustain.

Ah, admittedly, as 'americans' tend to part humanity in humans, that is themselves, sub humans and non humans, indeed 2b people might have different meanings.

Sun, 01/20/2013 - 21:11 | 3171557 akak
akak's picture

Of course, the usual exit into insanitation and bigotry, the inability to self-indict for George Dishwashingtonymous, father and creator of US 'american' citizenism.

The current issue is not the number of his hypocritical, nonsensical, self-projectionistic posts that the ZH world is populated with.

The current issue is the number of AnAnonymousitizenism posts of pure blind bigotry that the ZH world is populated with.

1.3 bn Chinese Citizenism citizens are by far way too much for the Earth to sustain, FAR more than any other nation. 

Tapping history, one need not wonder if the number of Chinese Citizenism citizens in the world even on June, 4th, 243 BC, is not too much for the Earth to sustain.

Ah, admittedly, as the xenophobic, racist Chinese tend to part humanity in humans, that is themselves, Glorious Sons of Heaven, and "foreign devils", indeed 1.3b people might have different hypocritizenistic meanings.

Sat, 01/19/2013 - 16:56 | 3169423 Meremortal
Meremortal's picture

World population will enter decline in the next 25 years, which will put off the peak oil/gas problem again.

 

And over time alternative energy sources will be brought on line. It looks like we are about 30 years away on that. So, a nice transition will take place over time.

 

Politicians and luddites will have to find a new scary thing.

 

 

Sat, 01/19/2013 - 18:06 | 3169542 The Second Rule
The Second Rule's picture

I guess one of the marks of maturity is being able to admit when one is wrong. I would have thought peak oil would have brought down western civilization by now. Clearly it didn't. Guess I didn't give enough credit to human resourcefulness and ingenuity. But I still can't grasp what's so great about the smell of this shithouse. Why everyone is so stoked on keeping the shithouse from burning down. Why does the Fed so desparately print money? Why does the Treasury and BLS and all the other govt agencies lie about the numbers so routinely and bald-facedly that now nobody, not the American people, not our trading partners, nobody, has even the slightest confidence in them? It's less a financial-sociopolitical question than a metaphysical question. What are "we" so in love with about this system that we are afraid to tear it down and start over? Sure smells like a cesspool to me. Sure smells like a hundred year old shithouse that needs to be torched. Maybe we're living in a real life version of Greaser's Palace, and Senior Greaser is our constipated, tyrranical overlord? Could be folks, could be...

http://www.youtube.com/watch?v=70gvvqs8GoQ

Sun, 01/20/2013 - 02:51 | 3170235 steve from virginia
steve from virginia's picture

 

 

"World population will enter decline in the next 25 years, which will put off the peak oil/gas problem again."

 

Indeed, in 25 years, you'll likely be dead, that counts!

 

Meanwhile, Peak Oil occurred in 1998. That's why "The World Is In Trouble' in 2013 and not in trouble 30 years from now. In '98 a barrel o'crude could be had for as low as $6.50 per! Never has the world price been lower than in 1998. If will never become that low as all oil today costs more than 1998 price to extract.

 

There are three things that matter w/ regard to crude oil: cost, cost and cost.

 

 

Sat, 01/19/2013 - 19:27 | 3169592 The Second Rule
The Second Rule's picture

"Humanity is the ultimate unsustainable ponzi."

After more than 30 years of thinking about it, and being dragged every which way pro, con or apathetic, I've come to the same conclusion. Nature is indifferent. The universe is indifferent. The only reason humans are here at all is because of a chance encounter with a 10 kilometer wide body of rock off Chixcilub 65 million years ago. Nature then says to herself..."Nature, you's got to do something. You cants just leave the planet in a pile of smoking ash." Then boom. Next thing you know Fern Spike! Plankton gets going. Plankton eaters. Eaters with teeth and fins to eat the plankton eaters. Eaters to eat those too! Then small mammals. Bigger mammals with teeth and claws to eat the smaller ones. Primates. Amanita muscaria mushroom eatin' primates. Intelligent primates who figure out how to make clubs and kill the lesser intelligent primates 2001 SO style. Then, after a few more million years, This!

(Narrated  by Samuel Jackson) Ah, but you see, nature fucked herself. She fucked herself royally this time, Because she created the most ruthless, cunning, greedy, rapacious species in the universe. Not intentionally mind you. She just loves to tinker. Weave a little amino acid here. Weave a little protein there. She never gives a thought as to where any of it is headed. Nope. Nature, she just love her sewing and working her macrame. Anyway, along come this monkey man homo sap, and he smart. And the first thing homo sap do is look at nature and go... "You know what bitch? I think I'm gonna dig you up! I think I'm gonna mine your ass and cut down your trees, and dump toxic radioactive waste into your oceans. I found this homey called Yahweh and he says "be fruitful and multiply." And bitch we gonna multiply and multiply! We gonna cover your whole earth in concrete, steel, glass and plastic, Borg Race style, and convert every last cubic inch of your Gaian ass into profit and gold bars. How you like that bitch?"

The moral of the story Ms. Gaia is that when the universe sends you a message like a giant flaming asteroid that turns your blue rock into an ash heap, it's basically saying thank you for playing! You can stop tinkering with the DNA now. Here's your parting gifts and a nice nebula you can use as a retirement home. Really appreciate all your hard work and dedication to the corporation but we need this space for an intergallactic expressway. Bye! (end narration)

Sun, 01/20/2013 - 08:47 | 3170394 GCT
GCT's picture

I think War will be the end of us long before the species killing event will arrive. Afterall most species are extinct what makes one think we will be any different?

Sun, 01/20/2013 - 09:48 | 3170437 Sanksion
Sanksion's picture

Jobs producing more energy. 

 

Sat, 01/19/2013 - 13:32 | 3168963 sotto
Sat, 01/19/2013 - 15:14 | 3169206 Winston Churchill
Winston Churchill's picture

He better watch out.I  forsee a suicide(multiple shots to the back of the head)

in  his future.Nothing personal,only business.

Don't fuck with organised crime.

Sat, 01/19/2013 - 13:56 | 3169033 resurger
resurger's picture

All the governments around the world are uniting to bring "New World Order", this is their plan, and they will achieve it.

Sat, 01/19/2013 - 17:53 | 3169529 The Second Rule
The Second Rule's picture

I frankly don't know how this plate-spinning burlesque act has lasted this long. I'm going to go drink myself to sleep now with cheap scotch. Wake me when the crash is over, if I haven't choked to death on my own vomit.

Sat, 01/19/2013 - 23:56 | 3170094 Alexei Moroz
Alexei Moroz's picture

Excuse me, but I am not sure about the job creation thingy. I do not think that government, CBs, etc  should put their endevour to create jobs. 

Authorities should not focus creating jobs(through mal-investments), it is a function of entrepreneurs and free market. 

Employment rate by itself will not help recovery.  There is no benefit to infrastracture or economy from a bridge that leads to nowhere..(that's how most government projects end up)

 

Kenynesians are hypnotized by the employment rate. They do not realize that employment rate and production rate are two different things. They are related straight up, but still not the same thing. 

For what I believe, Production rate and real GDP will always be more important, than the employment rate, because latter is only a component of the former. 

 

 

As for taxes being absolutely zero benefit, then people are also forgetting one thing. With FED in charge taxes never brought any benefit to the people.

IRS pays Interest on FED's IOU with your tax paper. 

The USD that the government does allocate(poorly) are the freshly printed cashes most of which eventually end up sitting in banks as excess reserve funds.

 

So therefore imo, the only way economy could recover is to improve Growth. Production is growth. Employment rate requires more quality in order to enhace production.

Only free market can provide that quality 

 

Sun, 01/20/2013 - 17:01 | 3171115 Tursas
Tursas's picture

How come the writer does not get it?

Sat, 01/19/2013 - 12:25 | 3168802 kliguy38
kliguy38's picture

Oh yes.....the "prick"......and you think it will be an event that has time......sorry....it will happen one night and your idea of life will change forever.....but then most will never believe there worst fears will be realized until they are

Sat, 01/19/2013 - 17:53 | 3169526 new game
new game's picture

the prick is the enemy within

 

Sat, 01/19/2013 - 12:28 | 3168804 donkshover
donkshover's picture

Yeah hit the nail in the head as in covered the whole damn planet. How could you miss.

Sat, 01/19/2013 - 12:28 | 3168805 RaymondKHessel
RaymondKHessel's picture

Twenty-one of 22 incumbent senators were re-elected, and 353 of 373 incumbent members of the House were re-elected. The American people have re-elected 94 percent of the incumbents who were running for re-election to an institution that has an approval rating of about 9 percent. This indicates, as an electorate, we are a nation of idiots. We're now stuck with the useless, dysfunctional government that we deserve.

Sat, 01/19/2013 - 12:37 | 3168827 LawsofPhysics
LawsofPhysics's picture

well, it that or we simply want to make sure we know where these fuckers are when the guillotines roll.

Sat, 01/19/2013 - 12:41 | 3168836 tango
tango's picture

My view entirely.  Many love to bash Wall Street, bankers, politicians, Jews, the rich, etc but the real problem is the American voter.  And I think it will only get worse now that we have started on the inevitable "Galt" slide of fewer producers and workers and greater zombies. 

Voters no longer think of economic consequences.  The three groups hurt worst by the Obama first term were blacks, Hispanics and single women. These three also voted overwhelmingly for him in a shake your head moment that defies explanation.

Sat, 01/19/2013 - 13:02 | 3168848 LawsofPhysics
LawsofPhysics's picture

we haven't had a representative republic for many years.  Wake up, it was full frontal this year when the delegates for Ron Paul were ejected from the GOP convention.  the "voter" has been irrelevant for quite some time. 

Sat, 01/19/2013 - 13:35 | 3168954 seek
seek's picture

Exactly. Consider that the two sides of the one party gerrymander districts to ensure they have solid majorities, it makes it very difficult to actually get rid incumbents.

House seats were capped at 435 in 1929, when the US population was 121 million, today the population is 313 million and we has the same number of representatives -- we've never had less representation per person than today, and by a wide margin. The same is of course true with the senate's 100 seats.

During the same time the population has exploded, Federalism has too, meaning the power of local representation which often does scale with population growth has been diluted to the point where the states have virtually no power left that isn't mooted by federal intervention and the trusty supremacy clause. Once again leading to the conclusions that we've never had a less representative government in the US than the government we have today.

Sat, 01/19/2013 - 14:19 | 3169091 TuPhat
TuPhat's picture

L of P, you got that exactly right.  I voted because my wife thought I would be a bad person if I didn't.  Had to preserve the peace at home.  There is very little of that in the world as it is.  My vote made no difference at all.  I am even beginning to wonder about state offices.  The federal vote has been meaningless for years.

Sun, 01/20/2013 - 17:12 | 3171131 Tursas
Tursas's picture

Perhaps you've got too much tee - burning this to stake solves nothing!  Think how economy works and forget all the free scripts!

Sat, 01/19/2013 - 12:47 | 3168850 Watauga
Watauga's picture

Talk about hitting the nail on the head!  THIS is EXACTLY the problem.  We all know that the federal governtment is "the problem," right?  Well, not so fast my friends.  The federal government, and state and local government, are merely the means through which we accomplish desired ends.  The people who make up government are our employees in the execution of the means to the ends.  WE, you see, THE PEOPLE, are at fault.  We must--MUST--fire the jackasses and power-mongres currently doing the things they are doing.  Don't say, well my congressman is a good guy who looks after jobs in this district.  He is probably in the hip pocket of the unions, certain lobbyists, and definitely his Party leadership. He has to go!  YOU have to make him go.  Just like I have to dump the freakin' tool in my district.  And my senators.  And all the rest.  

Time for the big RESET.  WE HAVE TO ACT to rid our government of the people who have run it into the ground.  FIRE THEM ALL.  Start from scratch. Elect only those pledge to govt limited to its enumerated powers, who respect the federalist construct, who are ANTI-STATIST and PRO-CONSTITUTIONALIST, who reject deficit spending (or, spending beyond that required to carry out enumerated powers, period), who oppose regulation for regulation's sake, who oppose the power-whorish behavior of all politicians. . .  You know the type--none of whom are in the current Central Government structure.

Sat, 01/19/2013 - 13:45 | 3169003 holdbuysell
holdbuysell's picture

And then institute term limits: they stay long enough to become competent on the job, but not so long that they figure out how to game the system. So, perhaps 3-4 years tops.

Sat, 01/19/2013 - 15:45 | 3169264 NidStyles
NidStyles's picture

Yes, humans are imperfect, so we should continue to give them positions where they can get away with graft, theft, and deception.

Sat, 01/19/2013 - 12:47 | 3168851 eddiebe
eddiebe's picture

Ray, assuming of course that our vote had anything to do as to who got 'elected'.

Sat, 01/19/2013 - 12:50 | 3168864 rwe2late
rwe2late's picture

 You assume the non-incumbant was a "less worse" choice than the famiLIAR evil.

You under-rate by omission the establishment obstacles to third party candidates.

You fail the consider the endless stream of MSM lies, propaganda, and blacked-out information.

Many who don't vote may be correctly appraising it as a waste of time, but that alone won't keep one of the bad choices from office.

Admittedly those may all be deemed "excuses", but that hardly makes them disappear as obstacles.

The problem begins BEFORE the voting booth. By the time the votes are cast, it is indeed often an unpalatable choice between the "lesser of two evils".

 

Sat, 01/19/2013 - 13:55 | 3169031 mess nonster
mess nonster's picture

If you live in a smal community, observe who wants the public jobs, mayor, town councilman, etc. The honest people flee from such jobs. Sometimes, an honest person will get cornered into such a job, but almost allways they take it because they see no way out of it, for one reason or another. The level of desire for elected office is an index of sociopathy.

Sat, 01/19/2013 - 13:32 | 3168961 mess nonster
mess nonster's picture

Indeed you are right. Of course, every so often the people suffer a spasm of clear thinking, and elect new people, as in 94 and 10. Then the new members of Congress are "Gingriched" into selling their souls for insider trading tips, and the whole mess goes on.

 

Sat, 01/19/2013 - 17:55 | 3169531 new game
new game's picture

you are missing the point-with facism it really don't mater who you elect.

might as well put the bankers on the ballot...

Sat, 01/19/2013 - 18:02 | 3169543 BeansBulletsBandaids
BeansBulletsBandaids's picture

I up-arrowed you to get you past 66 greens. That's just bad mojo man.

I also agree with your assessment of our gov and the fact that we deserve it....

Sat, 01/19/2013 - 19:39 | 3169709 The Second Rule
The Second Rule's picture

Yyyyup... How many times was Barney Frank re-elected? The man more responsible than probably any other person in Congress for the malfeasance at Fannie Mae and Freddie Mac (there's a great video of him scolding the GAO comptroller for bring this to the attention of the House Banking Commitee in 2005). The man who stood by and watched and did nothing as those GSEs imploded. How many times was Christopher Dodd re-elected? Head of the Senate Finance Committee, and king of corruption. These two men had direct invovement in the housing collapse of 2007 and the financial collapse of 2008. And nobody said or did a thing. They just kept sending them right back to Washington. They should both be in jail.

But, it's political water under the bridge now. I fear Toqueville was right. Democracy simply has too many flaws to be viable long term, even with the checks and balances put in place by the founding fathers. The system is broke. Best thing is to tear it down and start over.

Sun, 01/20/2013 - 00:55 | 3170154 hooligan2009
hooligan2009's picture

if you actually count the people who didnt vote for the encumbents..i think you will find that around 80% of the total electorate did not want them at all..but there you go..if you form a huddle on a street corner, throw rarzillions of midgets around at midnught..and three of your buddies vote for you...you too can be a senator or a congressman

Sun, 01/20/2013 - 03:02 | 3170243 steve from virginia
steve from virginia's picture

 

 

Most congressional districts are designed to give incumbents 'safe' seats. Changes in population state-by-state amplfify the process.

 

Congressional districts are mapped in state-houses that have -- up to now -- dominated by the GOP and associated big business fund-raising apparatus.

 

Nothing will change until congressional districts are designed by 3d parties (courts) or by computer, chosen at random, exempt from outside influence.

 

Also, incumbents have fundraising and advertising advantages. It's very hard to beat incumbents unless they have a) been arrested, b) are senile or c) been redistricted away from their original constituency.

 

BTW: it is the OTHER congress critters who are unpopular with constituents, most LOVE their own senator or congressman. After all, he/she brings home the pork!

Sun, 01/20/2013 - 11:30 | 3170522 Flakmeister
Flakmeister's picture

Gerrrymandering....

A pox on both your houses...

Sat, 01/19/2013 - 12:29 | 3168807 RaymondKHessel
RaymondKHessel's picture

Bring on the default for christ sake.

Sat, 01/19/2013 - 12:56 | 3168874 Winston Churchill
Winston Churchill's picture

Be careful what you wish for,and patience.Its moving quite quickly really.

Use the extra time wisely.I constantly think of things that I should have ,but overlooked

the first several times.

Sat, 01/19/2013 - 13:20 | 3168926 CharlieSDT
CharlieSDT's picture

Wise words.

Sat, 01/19/2013 - 17:26 | 3169484 Vendetta
Vendetta's picture

Its not wishing, its the tiredness of waiting for inevitable while the drip, drip, drip of corruption sucks the life out of the people.

Sat, 01/19/2013 - 12:30 | 3168809 Cognitive Dissonance
Cognitive Dissonance's picture

The global money printing will continue until inflation and unemployment is under control.

/sarc

Sat, 01/19/2013 - 12:49 | 3168857 walküre
walküre's picture

I know you're being sarcastic. They make up the numbers as they go. It's all bullshit. Control over anything or rather lack thereof is never the issue. They have everything under control which is the most frightening aspect of this age. Why are they printing? Because they can not survive deflation and they know that. As painful as it is going to be, they will maintain their status quo and keep telling us how wonderful things are and how successful they've been and how great the recovery is. Bullshit all the time.

Sat, 01/19/2013 - 19:43 | 3169720 NidStyles
NidStyles's picture

We can't survive inflation, so you get to chose. Us or them. I vote they go. Remove the government and let the people live their own lives.

Sat, 01/19/2013 - 13:44 | 3169001 falak pema
falak pema's picture

lol; thats called scoring with a 1 trillion yard Hail MAry pass. You'll need all the sparkle from that Fukushima fish to achieve that! 

I'm sure Ben is printing like hell to make that a possibility; now that they've vetoed the  1  trillion platinum coin. 

Sat, 01/19/2013 - 19:41 | 3169715 The Second Rule
The Second Rule's picture

The fiscal beatings will continue until social morale improves.

Sat, 01/19/2013 - 21:45 | 3169872 knukles
knukles's picture

Why the sarc?

Sat, 01/19/2013 - 12:30 | 3168810 GGInvestor
GGInvestor's picture

As long as people dont understand that we are in this mess because of socialism, nothing will change

Sat, 01/19/2013 - 12:32 | 3168816 Flakmeister
Flakmeister's picture

Troll...

A bad one at that...

Ain't no fucking ism gonna fix this fucker...

Sat, 01/19/2013 - 12:36 | 3168823 GGInvestor
GGInvestor's picture

Capitalism will.

If it wasnt for all the socialist politicians promising free stuff to their voters then printing money to pay for everything they promised, the world wouldnt be in this mess.

Sat, 01/19/2013 - 12:40 | 3168834 LawsofPhysics
LawsofPhysics's picture

It's a bit more complicated than that troll.  First, you are ignoring the fascism and the bailing out of certain corporations, banks, and financial houses.

Let the fuckers die already asshole.  It's called fascism because the corporate owners own your representation and then demand that you bail them out when they go bankrupt.  Wake up you stupid fuck.

Sat, 01/19/2013 - 13:02 | 3168887 falak pema
falak pema's picture

Global Oligarchy Socialism...there fixed it...Like what Mussolini did and Hitler did. Politics n Big business in cahoots. But THIS time its the Capitalists that lead and the politicians follow.

Thats ALL the first world learned from WW2. 

If Charlie Chaplin made his iconic movie today he would call it "The Great Octopussy". 

Sat, 01/19/2013 - 19:44 | 3169722 The Second Rule
The Second Rule's picture

Globoligarchism. Place call to OED.

Sat, 01/19/2013 - 19:43 | 3169723 NidStyles
NidStyles's picture

Fascism is National Socialism, it's the same damn thing.

Sat, 01/19/2013 - 20:22 | 3169768 Flakmeister
Flakmeister's picture

Still trying to sell week old fish?

Do you think the NSDAP of Drexler and Strasser was the same as the one that rammed through the Enabling Act? I love to hear how you are going to spin the "Night of the Long Knives" and the fate of the remaining Leftists/Socialists in the party...

 

Sun, 01/20/2013 - 00:22 | 3169855 nmewn
nmewn's picture

Yet, Mussolini was a socialist before he became a fascist. As were many fascists.

In fact Mussolini edited and wrote for Il Popolo (Cesare Battisti's marxist rag) The Cardinals Mistress I think...did he not? He was also the editor of Avanti! (Forward!).

It is exactly as Nid says, fascism & socialism are two brothers, born from the same mother who at one time hated each other and have now reconciled.

////////////////////

You can't be silent on this Flak ;-)

Sun, 01/20/2013 - 11:51 | 3170521 Flakmeister
Flakmeister's picture

Classic NMEWN....   Bring up something completely irrelevant, Mussolini's early days while the rest of are talking about the suppression of the dominant leftist component of the early NSDAP...

Face it you are clueless (or more likely deliberately being disingeruous) about the various forms of statism and totalitarianism, grouping everything into a one-size-fits-all for *your* ideological convienience...

Let me guess, Tojo and his crew were socialists as well? And remind me what happened to German trade unions on May 2nd 1933...

Edit: And with regards to Mussolini, did it ever occur that he would "believe and espouse" whatever the fuck was convienient for his rise to power? It did not take him very long to get in bed with the industrialists, eh?

Sun, 01/20/2013 - 12:06 | 3170545 nmewn
nmewn's picture

"Mussolini's early days while the rest of are talking about the suppression of the dominant leftist component of the early NSDAP"

So you're agreeing that National Socialism is a byproduct of socialism.

Excellent!

Francis Bellamy (a socialist) would agree...Seig Heil!!!

http://en.wikipedia.org/wiki/Bellamy_salute

///////////////////

Edit: Was not one of the influences on a young Hitler, Karl Lueger, a Christian Socialist?

Why yes, yes he was ;-)

Sun, 01/20/2013 - 14:40 | 3170787 Flakmeister
Flakmeister's picture

The logical consistency of your syllogisms really leaves something to be desired...

Go play semantics and what not with someone else, you have *never* been interested in any form of honest discourse... 

You and Crocket are simply the two sides of the same lying sack of shit....

 

Sun, 01/20/2013 - 15:45 | 3170968 nmewn
nmewn's picture

You've gotten into this habit lately of disputing evidence contrary to your world view, without giving any detail or evidence of your own. You know I haven't lied, its all completely verifiable and true...you just can't refute any of it...because it is true.

I guess you must have stumbled across where Lenin himself once praised Mussolini's "work" in pushing socialism.

Well, thanks for playing again, anyways ;-)

Sun, 01/20/2013 - 19:19 | 3171334 Flakmeister
Flakmeister's picture

Sorry, I am not going to debate any fine points of the history of European Fascism with anyone who cannot grasp the basic observation:

While all socialists may be statists, not all statists are socialists....

i.e. If A then B, does not imply if B then A.....

And you just ain't that interesting enough to overcome your bullshit...

Sun, 01/20/2013 - 22:14 | 3171673 nmewn
nmewn's picture

"Sorry, I am not going to debate any fine points of the history of European Fascism"...

I love it when you agree with me ;-)

"...with anyone who cannot grasp the basic observation: While all socialists may be statists, not all statists are socialists...."

Well of course. I never said all statists are socialists did I?

I have always endeavored to say exactly what I mean, to the direct point and always defiantly in everyones face about it, whereas others prefer to dance on the head of a pin for some reason, thinking some great transformation will occur in the hearts & minds of men so it could possibly work in the form of governance.

It won't.

Not without more sticks than carrots (to use a metaphor) and I don't believe men, women and children should be flogged, deprived of liberty, property & freedom, impoverished, equalized to the lowest common denominator, made less than what they are and generally driven into doing something they don't want to do at the behest of the state.

Have I made myself clear so far?

Good.

Now, new/old business, admit everything I said about Mussolini and Hitler is factually true...you called me a liar Flak, you insulted my honor, character and integrity...when it is you who is "obfuscating"...to be generous.

I expect an apology...this is how I take measure of a man. If you cannot or will not, I will know exactly what you are.

Mon, 01/21/2013 - 10:47 | 3172601 Flakmeister
Flakmeister's picture

Go fuck yourself Douche bag...

Mon, 01/21/2013 - 17:27 | 3173767 nmewn
nmewn's picture

About what I expected from a lying socialist prick like you.

Sun, 01/20/2013 - 23:18 | 3171817 Harbanger
Harbanger's picture

"While all socialists may be statists, not all statists are socialists...."

BOTH statists and socialists are going to be very sad when they realize that they can no longer afford the welfare state.  They overspent and lived above their means for decades while paying for it with monopoly money and now they're going bankrupt.  Just to keep the welfare state going, they will have to oppress the middle class thru heavy taxation.  Clinton was right, the era of big govt is over.

Sat, 01/19/2013 - 12:43 | 3168838 Dr. Engali
Dr. Engali's picture

You're falling into a trap. Capitalism won't fix this because capitalism never existed. What you are seeing is the illusion of capitalism being wiped away and the truth being shown.... We have been living in a fascist system all our lives. A system that is in it's death throws as we move into a full blow dictatorship.

Sat, 01/19/2013 - 17:20 | 3169469 Cathartes Aura
Cathartes Aura's picture

agreed.

"capitalism" = "heaven"

it's a pie-in-the-sky ideal that is unobtainable, and I guess you have to die to realise this. . .

Sat, 01/19/2013 - 19:46 | 3169728 NidStyles
NidStyles's picture

No it's completely realizable. People just haven't learned what is though. They've been told all their lives that Fascism/Socialism are the answers to the problems that Capitalism causes, yet all we've ever has is fascism/socialism. That is the great lie.

Sat, 01/19/2013 - 22:06 | 3169913 Cathartes Aura
Cathartes Aura's picture

catch up with me on a 'live' thread, and share an example of "capitalism" in a workable nationstate model.

this "people just haven't learned" yet sounds like an hypothesis stage idea, untested with the base monkey-mind, therefore subject to man-ipulation by those who would be *genius*  (TBTF)

"people" is why we can never have nice things. . .

Sat, 01/19/2013 - 14:01 | 3169042 mess nonster
mess nonster's picture

Hang around long enough to realize the problem goes beyond isms or economic systems... or at least disguise your support for capitailism with Austrian obfuscations which will pacify the mass of ZH readers, and even earn you many thumbs-up. Say something nice about gold too, every once in a while, and everyone will admire your perspicacity.

Sat, 01/19/2013 - 14:03 | 3169047 GGInvestor
GGInvestor's picture

Austrian economics = Capitalism

 

The problem is people dont understand what real capitalism is all about

Sat, 01/19/2013 - 18:06 | 3169549 new game
new game's picture

aust. econ ignores human falts

we had a system in place that was working

it is called the constitution

then a supreme court ruled that a corporation was an individual

b/4 that the glass/steg law was repelled.

and rather than work out the issues with gold backed currecy we went too fiat.

and that my friends is what happened in 1971 from being financialy irresponsible.

so it started in the sixties with lbj-the great society...

Sun, 01/20/2013 - 00:36 | 3170134 Anusocracy
Anusocracy's picture

The Constitution was deeply flawed.

It had the seeds of its own destruction.

Sat, 01/19/2013 - 14:25 | 3169108 TuPhat
TuPhat's picture

GGI, Careful there, a lot of posters here think Capitalism is the same as fascism.  They know a lot but understand only a little.

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