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Guest Post: Habituating to Contraction

Tyler Durden's picture





 

Submitted by Charles Hugh Smith from Of Two Minds

Habituating to Contraction  

The Savior State has pulled out all the stops to prop up the Status Quo. Its gargantuan borrowing and spending have fixed nothing. Contraction is replacing expansion as the new normal.

For the past 67 years, Americans have been conditioned to expect expansion and more of everything: more income, more stuff, more opportunity, more benefits, more medical care, more government entitlements, and so on.

As a result, Americans have habituated to permanent expansion. The concept that contraction--less of everything--is the new normal simply doesn't register; it is rejected, denied, or decried as a great tragedy. The notion that it is simply reality does not compute with a populace habituated to permanent "growth" that is at worst interrupted by brief recessions.

U.S. politicians have learned that Soaring Rhetoric (TM) about "morning in America," "the New Frontier," "hope" and other ritualistic appeals to permanent expansion win elections, while accurate descriptions of reality lose elections.

The voting public's demand for "permanent good news" promising permanent expansion has spawned a feedback loop of officially sanctioned manipulated statistics and media spin (a.k.a. propaganda) that expands with every administration, even as the real economy visibly weakens. Though the Obama Administration has perfected the techniques of presenting "permanent good news," the divergence of the real economy and the official "story" that "we've returned to permanent expansion" is widening.

The real story is the "expansion" has cost the taxpayers trillions of dollars in new debt and trillions of dollars of backstops, shadow purchases and money-printing by the Federal Reserve. Roughly speaking, $6 trillion in additional Federal borrowing has been blown to simply keep the Status Quo from imploding, and around $13 trillion in guarantees, backstops, asset purchases, and losses made good have been issued to keep the Status Quo's financial sector afloat and in charge.

By any credible, unmanipulated measure, for example, the number of people with fulltime employment or household income, the economy has yet to recover to 2007 levels.

This reality must be denied, both by the power-obsessed politicos who fear the truth like vampires fear garlic-garlanded crosses, and by voters who fear a reduction in their personal share of the swag.

Humans habituate quickly to a wide range of conditions and expectations, but once they've settled into the new habitat, they are resistant to new conditions. Needless to say, humans prefer a future in which there will be more of everything over one with less of everything, as permanent expansion means there will be few if any troublesome cost-benefit analyses, hard choices or painful triage, and little need to adjust to new realities.

Changing conditioning is difficult and often arduous.

Americans have been conditioned for three generations to expect the Savior State to "do something" during downturns to "make it right." The idea that systemic problems are now beyond the reach of the Federal government does not compute; there must be something the government can do to "fix" everything.

This notion that the Central State is effectively omniscient and all-powerful is central to the belief system of Americans now. The concept that the government cannot fix the problem, or that government central-planning has made the problem worse, is anathema to everyone conditioned to believe government intervention will "save the day."

The basic reality is the Federal government has already pulled out all the stops in the past four years to "make the economy recover," and all its unprecedented actions have accomplished is to maintain the Status Quo via unsustainably gargantuan borrowing, spending and backstopping.

If we scrape away the rhetoric and bogus statistics, at heart the current fantasy that the U.S. has "decoupled" from the global economy and will remain an island of "permanent prosperity" in a sea of recession boils down to this belief: the Federal government "won't let us stay in recession." In other words, it's within the power of the Central State to make good every loss, guarantee every debt, maintain the Empire, solve every geopolitical challenge and find technological or military solutions to potential energy shortages. All we need is the "will" to force the government to use its essentially unlimited power to "fix everything."

A people conditioned to this expectation will have great difficulty accepting that their government has already done everything possible, and that these stupendous debt-based expenditures are simply not sustainable going forward. Some problems are not fixable by more government intervention; indeed, government intervention in the marketplace is like insulin: the system begins to lose sensitivity to Central State manipulation and intervention.

2012 is looking like the year that the American public will have to face up to the fact that the Central State's massive efforts to "fix the economy" have failed, and that Central State support of the Status Quo cannot fix what's broken.

We will have to habituate to contraction, and the belief in a god-like Savior State with unlimited powers and money will fade as the economy's systemic illnesses--extreme concentrations of power and wealth, corruption, financial leverage, excessive debt and so on--reassert themselves.

All that has happened for four long years is systemic problems were papered over to benefit the Status Quo. Everything that is broken awaits real repair.

 


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Fri, 01/13/2012 - 16:47 | Link to Comment Vincent Vega
Vincent Vega's picture

Gargantuan...there's that word again. Twice in one week. I'm impressed.

Fri, 01/13/2012 - 16:55 | Link to Comment nope-1004
nope-1004's picture

You know what's coming, don't you?

A new proposal by Geithner and Benocide.  It will be a "solvency fund" by the Fed and Treasury, aimed at backstopping and bailing out the US Government.  No joke.  They'll sell the concept to the public, and most will buy it.  A bailout fund BY the largest gov't to bailout THE largest gov't.  Ass backwards, I know.  But as you stated above, 67 years of conditioning is hard to throw away.

 J6P wants to believe that Superman is coming to save this pig.

Fri, 01/13/2012 - 17:16 | Link to Comment MillionDollarBonus_
MillionDollarBonus_'s picture

Don't be ridiculous. This fund already exists - its called the Federal Reserve Bank of the United States of America. Their balance sheet is unlimited and is being strategically leveraged for maximum impact on interest rates and growth. This is the genius of the elastic money supply.

Fri, 01/13/2012 - 17:19 | Link to Comment Commander Cody
Commander Cody's picture

I'm with you buddy lemming.  Let's go!

Fri, 01/13/2012 - 17:52 | Link to Comment Cheesy Bastard
Cheesy Bastard's picture

All hail Obama, our benevolent dicktaster.

Fri, 01/13/2012 - 18:38 | Link to Comment Vaiman
Vaiman's picture

How soon they forget the housing meltdown.  The govt hasn't done much still to this day to fix the mess created by that.  And they think while we're still reeling from that storm....that the Fed will be able to deal with another dose of reality check?  

Fri, 01/13/2012 - 20:09 | Link to Comment The Alarmist
The Alarmist's picture

What housing meltdown ???  The houses are still there, and are being kept out of the hands of truly deserving families by greedy capitalists like Mitt Romney.

Fri, 01/13/2012 - 21:21 | Link to Comment sitenine
sitenine's picture

Define truly deserving families.

 

Perhaps you're referring to the ones who can't afford to pay back the loan it would take to purchase said house?  Too much debt.  Maybe you're referring to the 'investors' who bought like 12 houses or so to 'fix up' and resell?  Too much debt.  Maybe it's time to start settling for less, otherwise you're going to be very disapointed near term.  Seriously, I don't mean to be an asshole here, I really would like to know your definition of the American 'deserving family'.  That might provide a useful frame of reference.  Thanks.

Sat, 01/14/2012 - 01:56 | Link to Comment StychoKiller
StychoKiller's picture

The only families that are "deserving", have been doing the right thing all along, and DO NOT need Govt handouts!

Fri, 01/13/2012 - 17:19 | Link to Comment prains
prains's picture

Judeo Gucci exponentialism MDB it's all yours hope it fits

Sat, 01/14/2012 - 01:55 | Link to Comment StychoKiller
StychoKiller's picture

All that has happened for four long years is systemic problems were papered over to benefit the Status Quo. Everything that is broken awaits real repair.

Guess Bob Dylan was right; "Everything's Broken." :>(

Fri, 01/13/2012 - 17:27 | Link to Comment LULZBank
LULZBank's picture

Fo sho maan!!

Even god could not have created this much money!

Fri, 01/13/2012 - 17:46 | Link to Comment AC_Doctor
AC_Doctor's picture

MinionDumberBoner will more Socialist wet dreams as usual...

Sun, 01/15/2012 - 16:12 | Link to Comment Papasmurf
Papasmurf's picture

It's not a balance sheet.  A balance sheet has assets.

Fri, 01/13/2012 - 17:15 | Link to Comment trav7777
trav7777's picture

I guess people thought I was joking when I said Peak Oil implies sustained global recession

Fri, 01/13/2012 - 17:26 | Link to Comment DoChenRollingBearing
DoChenRollingBearing's picture

If the Peak Oil thesis is correct, then you are right.  We will have a long global recession.  We have to DRILL here as well as find ways to conserve our energy use, work on sustainable energy technology, everything.  But, what does a Bearing know, really KNOW?  Not enough...

Fri, 01/13/2012 - 17:33 | Link to Comment LULZBank
LULZBank's picture

Its not about Peak Oil. The world, the empires, manipulations and the tyrannys have existed before oil and will exist when the oil will be gone. What we need is an oil freely traded in whatever currencies, so no one country or group of countries can use it to enslave and manipulate other countries.

Perhaps traded in gold and silver (bitches!!!!)

Arabs can get gold for their oil, but they will be willing to pay even more gold for water and food. Water is more expensive than gasoline in some Arab countries!

Nature has a balance, only humans interfere and fuck it up.

Fri, 01/13/2012 - 17:53 | Link to Comment Seer
Seer's picture

It has EVERYTHING to do with Peak Oil (peak oil exports).

Those who believe that Mr. Market will resolve it all is in for a BIG surprise.  You're all predicating it on the System that you know, the one that WON'T exist when Mr. Market is truly free.  There will no longer be these propped up "economies of scale;" that which isn't sustainable won't be a road traveled.  That oil infrastructure won't, despite your desire to be able to throw you puny PMs at it, be able to work when the overwhelming majority of humans cannot also participate.

Perhaps oil will be traded in food (and or water), which is, after all, one of THE fundamental NEEDS (not PMs or anything else excuse that those who are too lazy to do the work today often hide behind).

Fri, 01/13/2012 - 18:46 | Link to Comment Fukushima Sam
Fukushima Sam's picture

The Market will still succeed and thrive.  It will do so through demand destruction.  If things get really bad the Market will create wars and pestilence to force the demand destruction.  After all, what is the Market but the human ecology?

We suffer from human folly, which begets peak oil and other symptoms of our collective stupidity.

Fri, 01/13/2012 - 18:05 | Link to Comment Winisk
Winisk's picture

The balance you see in Nature is the result of brutal uncaring forces that impose limits to growth.  We are no exception.

Sat, 01/14/2012 - 02:00 | Link to Comment StychoKiller
StychoKiller's picture

Time to break out of the petri dish -- The surface of a planet is NOT the correct place for an expanding, technological civilization.

Fri, 01/13/2012 - 19:11 | Link to Comment Cloud9.5
Cloud9.5's picture

We have done a marvelous job of substituting bubbles for growth for the last forty years and convincing the ME to sell us their oil for large bundles of green cloth.  Our hegemony has allowed us to convince the entire world that these little pieces of cloth have intrinsic value.

Like all cons, this con only works as long as the marks are deluded.  At some point, the bezzel shows through the embezzlement and the trick is over.

What is amazing to me now is that it’s obvious that almost everybody knows it’s a con but the game goes on.  We are like the nobility in the story of the Emperor Has No Clothes.  We know it’s a fraud but we play along to keep our status just a little while longer.

Sat, 01/14/2012 - 00:23 | Link to Comment GMadScientist
GMadScientist's picture

Water is more expensive than gasoline where subsidies allow.

 

Sat, 01/14/2012 - 00:50 | Link to Comment DaveyJones
DaveyJones's picture

How can the most compact form of energy ever discovered not be the most significant factor to the world economy? Everything depends upon it. Everything is built out of it. Most of our food production is tied to it. We go to war for it, lie for it, and turn on our own for it. That should give us some clue to its value. Of course empires have existed before and will long after, but that does nothing to diminsh its mark on human history. The global population exploded because of it along with everything else. So now we have billions of people just entering the petroleum feed trough and production has not only peaked but has entered an irreversible decline. Trav is not the only one saying this will cause an unstoppable depression. You're right we need to develop other forms but we need to recognize a number of serious problems. No energy alternative comes close to its return. The structures we need should have been started decades ago. Because of our leaders stupidity, greed, and dishonesty, they have kept this information from us and delayed this necessary change resulting in astronomically larger costs and suffering in what will now be a brutal transition.           

Fri, 01/13/2012 - 17:37 | Link to Comment toomanyfakecons...
toomanyfakeconservatives's picture

+10000000000000000000000000

PEAK OIL IS EVERYTHING! Skip forward to 2:23:43 of Zeitgeist Moving Forward and you'll understand... http://www.youtube.com/watch?v=4Z9WVZddH9w

Fri, 01/13/2012 - 17:46 | Link to Comment Meremortal
Meremortal's picture

Interesting thing, how internal combustion engines can run on natural gas.

Fri, 01/13/2012 - 17:57 | Link to Comment Seer
Seer's picture

And, they can run on ethanol and wood gasses.  Your point?

Just because something CAN be done doesn't mean that it can be done sustainably OR that it SHOULD be done.

NG reserves, if we switched to them over oil, would then increase the rate of depletion!

Yeah, if NG was available to just ME then sure, I'll go for it!

Fri, 01/13/2012 - 18:57 | Link to Comment Teamtc321
Teamtc321's picture

Just switching our transportation fleet's from diesel to nat gas would cut opec by 50%. Very sharp move imho. Just for example our food travel's 1400 miles on the average to market. Get our truck's on nat gas asap would atleast give us some breathing room. How many war's would this curve from starting in our future as well?

http://www.pickensplan.com/ 

 

We also need sound money period imho. 

 

Ron Paul 2012

Fri, 01/13/2012 - 19:22 | Link to Comment Mitzibitzi
Mitzibitzi's picture

No, no, no, retard!

It is NOT the cost of fuel to move food from one place to another, in almost every inhabited area of this planet, it's the fact that someone wants strawberries  EVERY DAY in a climate zone where strawberries will not grow at this time of year!

And it's the same EXACT story with nearly everything else we do as species. Normalcy bias at it's absolute worst.

Example: NO varieties of chilli peppers grow naturally in the UK. But yet, I manage to have a constant supply of 11 different varieties year round. I grow them on my windowsills.

We've done the diversity thing to the point where almost anything you want can be grown in some degree in your own locality, provided you don't want it every moment of every day.So my locally sourced diet can be enlivened with a bunch of other fun things to relieve it from the monochrome 17th century diet it would otherwise be at any given time of year.

Nothing other than food and water actually matter to you and your family, if you have the skills to do the rest absent 'money'.

Sat, 01/14/2012 - 00:28 | Link to Comment GMadScientist
GMadScientist's picture

And if you learn to eat what IS good around you, you'll eat less crap that's been Monsanto-farmed by the exploited natives of wherever and taken a ride for hundreds of miles in a flatbed.

Indoor plumbing and refrigeration would be no fun to give up.

Sat, 01/14/2012 - 00:53 | Link to Comment DaveyJones
DaveyJones's picture

great post. food is the ultimate weapon, the ultimate currency, and the ultimate equalizer.

Sun, 01/15/2012 - 16:18 | Link to Comment Papasmurf
Papasmurf's picture

Pickensplan is a scam to claim property rights through eminent domain for transfer of water from the ogallala aquifer.  Don't let the old fox fool you.

Sat, 01/14/2012 - 00:23 | Link to Comment GMadScientist
GMadScientist's picture

Interesting thing, how everyone running their car on natural gas would make it go from lasting 400 years to less than 100.

Fri, 01/13/2012 - 17:22 | Link to Comment Tungsten Checks In
Tungsten Checks In's picture

My son and I are sick and tired of waiting around for the collapse. I do not have enough time during the day to sit down to learn economic theory, kondratieff market cycles, study charts and read economic world news.  When is the collapse going to occur?
We know the bailouts didn't work, QE was a failure, mark2myth... were just to delay the inveitable FAR WORSE crisis that will now occur in the very near future. The whole Bernanke 'Time man of the year' who saved us from a repeat of the Great Depression was a farce and will be laughed at in the future when this thing blows up epically in everyone's face.
I need your expertise! 
Those willing to devolge the information to my son and I won't go unnoticed. In fact, we will pay you the lump some of 5,000 dollars of which you will receive half up front right now and when the Apoclaypse does finally  happen, you will get the rest of the money. I know many of you junk posts like this often in these threads. My request is a serious one. The doom is really getting the best of me and I am not getting any younger. I want to protect my son, I want to know how long I have left to prepare and get my affairs in order.

Fri, 01/13/2012 - 17:29 | Link to Comment DoChenRollingBearing
DoChenRollingBearing's picture

Collapses often take a long time to happen.  Foreplay for years.  Then sometimes BAM!  See the Roman Empire.

You do not need to offer to give away your money.  The answers are everywhere, including (especially) here at ZH.

You want to protect you and yours?  Buy gold.  A little here and a little there will add up.

No one knows how long we have to prepare.  Best get started now.

Fri, 01/13/2012 - 20:13 | Link to Comment The Alarmist
The Alarmist's picture

Rome's decline actually played out over a few centuries while all the while continuing to style itself as a continuing Republic of the people (SPQR, dude).  You might even say it went on for a millenia or so if you count the Byzantine empire as the natural extension of the Roman empire.  

America will soldier one for at least a few decades, maybe a couple centuries before it becomes clear that the Republic has truly gone the way of history.

Fri, 01/13/2012 - 17:31 | Link to Comment DavidPierre
DavidPierre's picture

December 24, 2012 = THE END!

Mayan End Time

My 66th birthday

Send cheques to Zero Hedge slush fund.

Merci!

Fri, 01/13/2012 - 17:35 | Link to Comment toomanyfakecons...
toomanyfakeconservatives's picture

Typo? You meant the 21st...

Fri, 01/13/2012 - 20:05 | Link to Comment DavidPierre
DavidPierre's picture

As the earth moves through the galactic plane the Earth's magnetic poles will reverse. 

It will take "three days" to re-establish the Earth's rotation in the opposite direction.

..............................................................

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

Velikovsky argued that electromagnetic effects play the most important role in celestial mechanics.

Planet Earth has suffered  huge natural catastrophes, remembered on a global scale in humankind's recorded history. 

A short summary...

2012: The Polar Shift Explained

http://www.youtube.com/watch?v=4Lhs7VR52Bg&feature=related

Nasa Confirmation 2012 Pole shift

http://www.youtube.com/watch?v=s689wjbpkuQ&feature=related

Fri, 01/13/2012 - 20:15 | Link to Comment The Alarmist
The Alarmist's picture

Magnetic polar shifts play out over a far longer time frame than you let on.  The fact that birds still fly and migrate largely by reference to electromagnetic fields through all these millenia suggest the effects are not as dire as many might think.

Fri, 01/13/2012 - 20:47 | Link to Comment DavidPierre
DavidPierre's picture

Come on... help me! ... I'm trying to hussle up $5000 for the ZH slush fund here.

........................................................................................

Catastrophism is the theory that Earth has been affected in the past by sudden, short-lived, violent events, possibly worldwide in scope. The dominant paradigm of modern geology is uniformitarianism (sometimes described as gradualism), in which slow incremental changes, such as erosion, create the Earth's appearance. This view holds that the present is the key to the past, and that all things continue as they were from the beginning of the world. Recently a more inclusive and integrated view of geologic events has developed, changing the scientific consensus to accept some catastrophic events in the geologic past.

From my corner of the universe...

http://en.wikipedia.org/wiki/File:Sthelens1.jpg

One day later...

http://en.wikipedia.org/wiki/File:MSH80_eruption_mount_st_helens_05-18-80.jpg

Sun, 01/15/2012 - 04:11 | Link to Comment Antipodeus
Antipodeus's picture

See "Punctuated equilibrium"

 

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

Fri, 01/13/2012 - 17:35 | Link to Comment Git_Naked
Git_Naked's picture

How old is your son?

Fri, 01/13/2012 - 18:37 | Link to Comment Golden monkey
Golden monkey's picture

You will now the collapse is coming a few hours before.

Watch for yellow ribbon around gas station. Cash only 20$ max.

On TV, you will see monkeys saying everything will be OK by the next week.

The extend and pretend game will end shortly after, trust me.

AND YOU WILL BE FUCKED.

Fri, 01/13/2012 - 17:41 | Link to Comment Dr. Kananga
Dr. Kananga's picture

"I need your expertise! Those willing to devolge the information to my son and I won't go unnoticed... The doom is really getting the best of me and I am not getting any younger."

Dude! Keep your wallet in your pocket and listen up (I'm taking your post at face value):

The best advice is to keep your perspective intact.

The gyrations and mechanations of the financial world have been going on for a long time--long before you found this website or even heard half of what you've heard, and it will continue long after we're all dust. That's how that is.

What really matters? If you can sit down at a table with a roof over your head and enjoy a nice meal with people you care about, and go to sleep in a bed with some measure of comfort and safety, and wake up reasonably healthy and with something to do, then you already have all you really need to get by. The rest of it is just drama...

Fri, 01/13/2012 - 18:36 | Link to Comment Dr. Kananga
Dr. Kananga's picture

One other thing--yeah, things can get really shitty in ways where having a bed to sleep in or food on the table is tough to come by, but keeping your perspective can only help in worst case scenarios--a mind free of clutter enhances your chances to plan and respond appropriately.

One thing that can help you keep your perspective intact--there's an unstated sense out there that if we suffer an economic armaggedon, we'll somehow end up back in the stone age (however you want to define it.) Not true. Supply chains will be disrupted and we'll see just how little power the nanny state actually has to keep things running all sunny and bright, but we won't suddenly forget how to do things, nor will our neighbors. Most important point there.

For example, Alan Watts (not an economist) pointed out how absurd the role of money can be when compared to how reality actually works. He likened the depression of the '30s to the following situation: A carpenter shows up for work one day (like every other day) but instead of going right to work, he gets called over to the foreman's office.

The foreman says "Well, I've got bad news. We're shutting the site down because we ran out of inches. No more inches--so no work. Go home."

In other words, if we 'run out of money' that doesn't mean that crops can't grow in a field, or that people will suddenly not know how to treat each other. The priorities and methods may change, but the fundamentals remain.

Good luck, and don't be rash.

Fri, 01/13/2012 - 18:57 | Link to Comment Fukushima Sam
Fukushima Sam's picture

Also, you may need a gun.

Fri, 01/13/2012 - 19:28 | Link to Comment Dr. Kananga
Dr. Kananga's picture

Yes, there are some essential items to consider keeping nearby, just in case.

Speaking of, I wonder how many people have though of stockpiling basic tools? You always hear about water, PMs, ammo, beans, etc. but what about hammers and saws and such?

Fri, 01/13/2012 - 20:13 | Link to Comment Dr. Kananga
Dr. Kananga's picture

+1 for the link

Sat, 01/14/2012 - 02:09 | Link to Comment StychoKiller
StychoKiller's picture

Already ahead of ya (of course, that's because I do woodworking...)

http://www.frontiernet.net/~jimbot/marquetrythumbs.htm

Fri, 01/13/2012 - 17:43 | Link to Comment Meremortal
Meremortal's picture

Save your money. What's most likely is a 10 year, slow-grinding deflation, followed by rather high inflation, but no dramatic collapse. I've been studying this since 1992, and knew what was coming back then. I use demographics in my work, which requires estimating future economic conditions and trends. My projection of the housing crash was off by 16 months, no problem. I got out of the bad stuff early enough, and kept the good stuff. I live in a tiny town now, out of the way. I also have a fallback place waiting, 400 rather isolated acres with wells and a house.   

The article does point out one great conundrum of our times. The more govt fails, the more we ask of it. We'll figure that out, and there's going to be plenty of time to do so. Good luck with your preparations.

There will be some people who understand that fortunes are made during times like these. They will do well.

Fri, 01/13/2012 - 18:55 | Link to Comment Citxmech
Citxmech's picture

"The more govt fails, the more we ask of it. We'll figure that out. . ."

We will?

What's the answer to that riddle, "If we stop asking government to actually accomplish anything, our government will then finally be effective?"

Sat, 01/14/2012 - 02:12 | Link to Comment StychoKiller
StychoKiller's picture

Eventually, the moochers and the Ignorati will give up on Big Brother riding to the rescue.  Either that, or they'll die of starvation. :>(

Sat, 01/14/2012 - 00:36 | Link to Comment GMadScientist
GMadScientist's picture

You're right...except for the 'slow-grinding' and the 'followed by'...replace with 'sharp' and 'and persistent' and you've got it.

 

Fri, 01/13/2012 - 17:51 | Link to Comment BigJim
BigJim's picture

It's a bit like the return of Jesus. Christians say He's coming, but no one knows the hour.

Seriously, though, economies are not deterministic. Yes, you can predict certain outcomes, eventually, but when central-planners (governments & central banks) have so much power over what goes on in the market place, any rationality or true price discovery takes a back seat to politics and interest-group pandering.

We might still be sitting here 5 years from now predicting imminent economic collapse. Keep an eye on things, make sure your hedges are in place and adjusted to events, and then try to forget it all and get on with your life.

Advice I should take myself, someday...

Fri, 01/13/2012 - 17:46 | Link to Comment Likstane
Likstane's picture

Why is it you are concerned with the Apocalypse and not the termination of your life or your son's life?  Last I checked the stats are still the same.  100 out of 100 still die.  The real key is to find out what life is and if you have it.  If you have real life you will be unconcerned as to how it all goes down.  Realize the doom of this world and your earthly life aren't going away; it will get worse-much worse.  Read a Bible and compare it to other religious literature.  Who knows, maybe you are one of the few chosen to inherit eternal life.  If not, then kiss your eternal(and earthly) life goodbye.   disclaimer-long AG + AU physical and Spiritual /no sarc                                                                                                                                                                                                                                                        

Fri, 01/13/2012 - 17:55 | Link to Comment LaLiLuLeLo
LaLiLuLeLo's picture

1st: Save your money for you and your family. People elected Obama to solve THEIR problems; no one can solve your problems except YOU

In a general sense, we all have about a year or two left. In that time you can do one of two things (if you live in America or northern hemisphere):

Move to a country that no one hates and has a localized economy (preferably to the southern hemisphere due to nuclear fallout if that happens)

or

If you choose to stay, get a reliable rifle and know it well. Acquire good quality ammo (police rule will become non-existent for many communities). If you own property, grow your own food and learn permiculture (selfsustaining, organic farming). But most importantly, build a community of like minded people that can diversify strategies for independent living. You cannot do everything on your own. Be friendly to everyone who lives near you, you will need all the friends you can get.

Fri, 01/13/2012 - 18:24 | Link to Comment Westcoastliberal
Westcoastliberal's picture

And if you really want a glimpse of the future, read "Dies the fire" by R.L. Stirling.

Fri, 01/13/2012 - 19:53 | Link to Comment Citxmech
Citxmech's picture

Except gunpowder will still work.

Fri, 01/13/2012 - 19:31 | Link to Comment Dr. Kananga
Dr. Kananga's picture

"But most importantly, build a community of like minded people that can diversify strategies for independent living. You cannot do everything on your own. Be friendly to everyone who lives near you, you will need all the friends you can get."

+1

Sounds like a good idea whether the world comes to an end, or not.

If we were all working along those lines in the first place, maybe we wouldn't be where we are today?

Fri, 01/13/2012 - 20:49 | Link to Comment Awakened Sheeple
Awakened Sheeple's picture

Those willing to devolge the information to my son and I won't go unnoticed. In fact, we will pay you the lump some of 5,000 dollars of which you will receive half up front right now and when the Apoclaypse does finally  happen, you will get the rest of the money.

 

Pfft.. Dollars will be worthless after the collapse...

 

Got a daughter to trade? :D

Sat, 01/14/2012 - 02:18 | Link to Comment StychoKiller
StychoKiller's picture

I have a Daughter, but her 3rd-degree black belt in Tae Kwon Do sez "I'm not telling her what to do!"

Go long Katanas! (27" or better!)

Fri, 01/13/2012 - 21:10 | Link to Comment Errol
Errol's picture

Hello Tungsten,

No one can give you an exact date, because the unravelling of industrial society is a process, not an event.  The process has already begun.

The key issue is energy.  The trajectory of Western industrial civilization proceded from current solar in the form of food (slave/muscle power) to current solar in the form of wind, water, and charcoal, to solid stored solar (coal) to liquid stored solar (oil).  Humanity had hoped to leverage this to fission as a stepping stone to fusion, but that hasn't worked out.  So, as the supply of stored solar begins to dwindle, industrial civilization will be slowly asphyxsiated. 

The current economic system requires constant increase in available energy (called "growth"); as the supply of available energy declines, the economy will contract.  At some point the contraction may become a collapse, but no one really wants that scenario, so all of humanity is trying to keep the system going.  Problem is, everyone wants to keep their current level of energy consumption (or increase it!) while pushing the contraction onto someone else. 

The point of all of this: get ahead of the curve.  Localize, and start your transition to harvesting current solar energy to the best of your ability.  As Dimitry Orlov wisely puts it, "chose proverty [on your terms] before poverty choses you"!

Fri, 01/13/2012 - 17:26 | Link to Comment CoyoteBlue
CoyoteBlue's picture

No, they'll just be selling some extra special "Rescue" bonds or like the Italians "Patriot Bonds" to save America.  There might be a few more dollars out in those backyards and beds.

Squeeeeze Timmeh, squeeeeez!

http://www.savingsbonds.com/bond_basics/patriotbonds1.cfm

Fri, 01/13/2012 - 20:04 | Link to Comment The Alarmist
The Alarmist's picture

These sorts of things need to boil down to a nice, catchy little acronmym, so the name would need to be something more along the lines of "Freedom bonds" (Free-B's)or "Liberty Bonds" (LiB's) or "Restoring American Greatness bonds" (RAG's) or , a little more obscure, "Self Reliance bonds" (SeRB's).

Fri, 01/13/2012 - 19:34 | Link to Comment IndicaTive
IndicaTive's picture

"Solvency Bonds," coming to a 401k near you. No need to sell them, everyone should "voluntarily" allocate 25% to them.

Fri, 01/13/2012 - 20:07 | Link to Comment The Alarmist
The Alarmist's picture

Brought to you by Bain Capital and Goldman Sachs. First closing in November.

Fri, 01/13/2012 - 16:53 | Link to Comment HedgeAccordingly
HedgeAccordingly's picture

talk about gargantuan... euro going to par?  http://hedge.ly/zd3qgq

Fri, 01/13/2012 - 17:12 | Link to Comment Salah
Salah's picture

Yep, that's the cultural narrative, at least since the 1930s through WWII, the Cold War, the New Frontier, the Great Society, Carter's Malaise, etc.  But it started to crack under Reagan; the Soviet Union wasn't fucking eternal, Japan's economic dominance was short-lived, and now it seems the artificial contrivance known as the European Union is itself coming unraveled like a cheap Soveit man's suit.

Whatcha bet Charles we return to a more Teddy Roosevelt, muscular nationalism?  We can start by ceasing to subsidize the very industry, residential real estate, that became the overleveraged trigger mechanism of our current predicament, huh?  Stop treating it as a national sacrament; it isn't motherhood, apple pie, or baseball; it's just the largest single consumer durable out there.  Hey, we stopped subsidizing automobile credit financing more than 2 decades ago.

In it's place, let's develop a speedy, transparent localized system of "real estate dealers" who make markets locally, and can do so via their own equivalent of what retail auto dealers do using the wholesale auto auction.  It's all very do-able, but of course since there aren't any Mercedes or Beemer sales lot guys making 6-10% on the gross, like real estate salespeople (and with zero inventory/transaction risks whatsoever!), it's gonna be real hard to get by those RE industry distbags at the NAR, national Association of Realtors.  They should really make, maybe 1%, OK I'll go 2%.

 

 

Fri, 01/13/2012 - 17:38 | Link to Comment Gully Foyle
Gully Foyle's picture

"More stringent security measures. Universal electronic surveillance. No-knock laws. Stop and frisk laws. Government inspection of first-class mail. Automatic fingerprinting, photographing, blood tests, and urinalysis of any person arrested before he is charged with a crime. A law making it unlawful to resist even unlawful arrest. Laws establishing detention camps for potential subversives. Gun control laws. Restrictions on travel. The assassinations, you see, establish the need for such laws in the public mind. Instead of realizing that there is a conspiracy, conducted by a handful of men, the people reason -- or are manipulated into reasoning -- that the entire population must have its freedom restricted in order to protect the leaders. The people agree that they themselves can't be trusted.” ? Robert Anton Wilson and Robert Shea, The Eye in the Pyramid, 1975

Fri, 01/13/2012 - 17:44 | Link to Comment Gully Foyle
Gully Foyle's picture

By the way Entropy kicks in too

http://www.newyorker.com/online/blogs/culture/2012/01/the-missionary-chu...

The First Church of Pirate Bay

The city of Uppsala has seen its share of religious congregations. In ancient times, it was the main pagan center of Sweden, famed for its temple to the Old Norse gods. In the Middle Ages, it became a Christian stronghold. Today, Uppsala is home to Isak Gerson, a bright, polite, twenty-year-old philosophy student and the spiritual leader of the Missionary Church of Kopimism, which last week became Sweden’s newest registered religion. Modern Sweden isn’t known as a particularly religious place: in a recent poll, only seventeen per cent of Swedes said that faith is an important part of their lives. But Sweden is known, in recent years, as a hotbed of online piracy and anti-copyright activism. That’s the tradition from which Kopimism arises.

...

The Missionary Church of Kopimism picks up where Piratbyrån left off: it has taken the values of Swedish Pirate movement and codified them into a religion. They call their central sacrament “kopyacting,” wherein believers copy information in communion with each other, most always online, and especially via file-sharing. Ibi Botani’s kopimi mark—a stylized “k” inside a pyramid—is their religious symbol, as are CTRL+C and CTRL+V. Where Christian clergy might sign a letter “yours in Christ,” Kopimists write, “Copy and seed.” They have no god.

“We see the world as built on copies,” Gerson told me. “We often talk about originality; we don’t believe there’s any such thing. It’s certainly that way with life—most parts of the world, from DNA to manufacturing, are built by copying.” The highest form of worship, he said, is the remix: “You use other people’s works to make something better.”

Fittingly, it was exactly this kind of collaborative spirit that led to the founding of the Missionary Church of Kopimism. In a blog post last week, Peter Sunde, one of the founders of The Pirate Bay, suggested that Kopimism as a religion had originated from a comment made by one of its opponents. Several years ago, he wrote, a Swedish lawyer for the M.P.A.A. was asked about file-sharing advocates. She replied, “It’s just a few people, very loud. They’re a cult. They call themselves Kopimists.” Sunde thought this cult business sounded like a good idea, and looked into registering Kopimism as a religion, but never followed through. Gerson did. “This is one of the essential things with how the internet and kopimism works,” Sunde wrote. “If you don’t do it, someone else will.”

Fri, 01/13/2012 - 16:49 | Link to Comment Hayabusa
Hayabusa's picture

Well written!  Accurate and sad that people have become conditioned so.

Fri, 01/13/2012 - 16:49 | Link to Comment Sudden Debt
Sudden Debt's picture

solving the US debt problems are just as easy as turning piss into wine!

 

Fri, 01/13/2012 - 17:34 | Link to Comment DavidPierre
DavidPierre's picture

Rob Kirby

13/1/2012

It’s all about control. Derivatives products – well intentioned when they were conceived – have been utilized to prop-up a failing fiat currency / undermine capital through the establishment of a phony, crony, price control grid. As such, derivatives have become very dangerous tools in the hands of a gaggle of miscreant sociopaths – who think, speak and act as if they are doing god’s work - that now occupy the U.S. Treasury / Fed and rule Wall Street.

As a staunch supporter of GATA I’ve been writing about it for at least 8 years. The folks at GATA are very familiar with and have been documenting the systemic abuse of our capital markets since 1998 -

LONG before ANYONE ever heard of Kyle Bass and years before the world ever heard of ZeroHedge.

...............................................................

The $U.S. Dollar Centric Derivatives Complex: Progenitor of Parasitic, Ponzi Price-Fixing  

  http://news.goldseek.com/GoldSeek/1326469500.php


Fri, 01/13/2012 - 20:03 | Link to Comment Hephasteus
Hephasteus's picture

Those Gata people are not exciting. They aren't fast moving. But they will take you to the nitty gritty where you can't get off the sandpaper without losing your ass.

Fri, 01/13/2012 - 17:47 | Link to Comment Ignorance is bliss
Ignorance is bliss's picture

I can turn piss into ammonia.

Sat, 01/14/2012 - 01:42 | Link to Comment UP Forester
UP Forester's picture

I pee on my feet in the shower.

Cures Athlete's Foot.

No shit.

Sat, 01/14/2012 - 12:42 | Link to Comment DaveyJones
DaveyJones's picture

I wouldn't shit on my feet either

Fri, 01/13/2012 - 16:50 | Link to Comment LawsofPhysics
LawsofPhysics's picture

Conditioned to believe in infinite growth in a system with finite resources, say it isn't so.

Fri, 01/13/2012 - 17:16 | Link to Comment trav7777
trav7777's picture

bbbbut...bbbbut IONIC LIQUIDS!!!!!11

Also, silver can peak but oil CAN'T.  It JUST CAN'T, ok??? Because.

Fri, 01/13/2012 - 19:29 | Link to Comment Teamtc321
Teamtc321's picture

Fck oil, ride a saddle horse Trav.........

Fri, 01/13/2012 - 17:20 | Link to Comment cymro33
cymro33's picture

Was good while it lasted. Did not have to work. Arabs gave us the oil for worthless dollars and a few planes they can’t fly. The Chinese similarly gave us their free labor to make stuff for us. We are in the 9th inning, losing with 2 outs and Bernak at the plate.

 

 

Fri, 01/13/2012 - 17:32 | Link to Comment DoChenRollingBearing
DoChenRollingBearing's picture

Well, have a good weekend anyway!

Fri, 01/13/2012 - 17:33 | Link to Comment toomanyfakecons...
toomanyfakeconservatives's picture

That's the premise of the Zeitgeist movie and movement... http://www.youtube.com/watch?v=guXirzknYYE

Fri, 01/13/2012 - 18:42 | Link to Comment Winisk
Winisk's picture

Anyone expecting the conditioned masses prone to magical thinking to lose their religion in goverment, money, infinite growth, or God during a time of crisis is optimistic.  And we think it's surreal now.  I expect it to get bizarre once the unrelenting pressure of reality applies itself.

Fri, 01/13/2012 - 16:53 | Link to Comment youngandhealthy
youngandhealthy's picture

Its time for The United States Of America federation experiment to come to an end. No super federal goverment is needed. The greatest experiment in the world needs to come to a stop. The US Dollar experiment needs to be stoped.

Change the word US to Europe and you understand how silly the argumentation is.

Fri, 01/13/2012 - 17:58 | Link to Comment Spacemoose
Spacemoose's picture

"Change the word US to Europe and you understand how silly the argumentation is."

actually, changing the word strengthens the argument.  the U.S. is simply too big and diverse to govern as a single entity anymore.  our loss of liberty is, in part, a result of the government's need to force everyone into the same mold, in order to efficiently govern them.  

Fri, 01/13/2012 - 16:53 | Link to Comment BLOTTO
BLOTTO's picture

America is the New Atlantis...

...however, its not going to be fun for the majority.

Sat, 01/14/2012 - 01:43 | Link to Comment UP Forester
UP Forester's picture

"This is the dawning of the Age of Aquarius...."

Fri, 01/13/2012 - 16:52 | Link to Comment Sakka
Sakka's picture

So Bernanke goes to option 5 from his 2002 speech, i.e., revalue gold.

Fri, 01/13/2012 - 16:55 | Link to Comment wombats
wombats's picture

But does he confiscate it too?

Fri, 01/13/2012 - 17:00 | Link to Comment Sudden Debt
Sudden Debt's picture

I wouldn't call it confiscate. The gold is already on their land. They just need to "centralise" it.

 

 all in the benefit of the US people of course... protect them from the speculators and all.... you know what I mean...

 

Fri, 01/13/2012 - 17:22 | Link to Comment LULZBank
LULZBank's picture

all in the benefit of the US people of course... protect them from the speculators and all.... you know what I mean...

 

You mean, to prevent it from getting lost in boating accidents?

Fri, 01/13/2012 - 17:36 | Link to Comment DoChenRollingBearing
DoChenRollingBearing's picture

@ sakka

FOFOA once put out a thought experiment: the Treasury could put out the call that they will buy any and all gold for an arbitrary high price (say $10,000 / oz).  Lots of people would then sell, and a new floor price for gold would be established.  And our national debt would shrink away...

Winners: physical gold owners and US .gov

Losers: anyone vulnerable to hyperinflation

Fri, 01/13/2012 - 16:54 | Link to Comment YuropeanImbecille
YuropeanImbecille's picture

Let's hope these people die when the economy goes south, people like this are the main cause we are in the current global situation, so if they pay with their lives that just seems fair, no?

 

Those who are clever have prepared for the day when the bananazeid presidents confesses to not having a freaking clue about anything and just reading text other people wrote for him. "Can I go blay bolf now massah?"

Fri, 01/13/2012 - 16:55 | Link to Comment punxsutawney phil
punxsutawney phil's picture

Bernanke looks like Jesus...could it be?  He is all powerful and answers to no man...

Fri, 01/13/2012 - 17:17 | Link to Comment trav7777
trav7777's picture

jews, both, too

Fri, 01/13/2012 - 17:41 | Link to Comment Sudden Debt
Sudden Debt's picture

I bet if you drop bernanke in the middle of the great lakes without a life jacket that he would be able to walk straight back home over the water.

Fri, 01/13/2012 - 18:09 | Link to Comment Vagabond
Vagabond's picture

Only one way to find out, I'll take the other end of the bet and gladly lose.

Sat, 01/14/2012 - 12:49 | Link to Comment DaveyJones
DaveyJones's picture

he hasn't thrown too many bankers out the temple

Fri, 01/13/2012 - 16:56 | Link to Comment Misean
Misean's picture

Like insulin? Hardly. Government intervention is THE problem.

Let's not sugar coat this...

Fri, 01/13/2012 - 17:00 | Link to Comment JamesBond
JamesBond's picture

good article once again, dr. smith

Fri, 01/13/2012 - 17:38 | Link to Comment flattrader
flattrader's picture

It's the same article...over and over again.

At least the average length is getting shorter as he realizes he is running out of anything new to say.

Yawn...

Fri, 01/13/2012 - 17:01 | Link to Comment BLOTTO
BLOTTO's picture

Those fucks will repair the system - when they 'knock us off'

No need to pay someone when - they arent alive.

*brushes* hands* and hits the red button - that was easy.

Fri, 01/13/2012 - 17:01 | Link to Comment wisefool
wisefool's picture

I am now an oldtimer. But when I was young, I learned to play pinochle from the real old timers. Single deck is fun. But then they showed me double deck. Even in tripple deck picochle my grandpa would say "now play your _card_X___" (whether I was on his team or not). I was amazed how he could know almost every card in everyones hand.

So I said: "lets play 4 deck and see if you can know how many of each card everyone has" He says: "Naw, this is fine" I joked "ha, you cant do it" he said "Oh I can, but it wont be as fun of a game" . I said "okay lets do it anyway" he says "Okay" the other folks snikered. He puts the deck together, hands it to me (160 cards) and says we'll get started as soon as you get done shuffling.

85,000 page tax code + QE^n & ZIRP = entropy. pushing on a string. a deck of cards that can not be shuffled (ordered) by human hands.

Ron Paul 2012. Sound money. Simplified tax code. liberty, freedom and a framework for some meritrocity in life.

Fri, 01/13/2012 - 17:13 | Link to Comment Dr. Engali
Dr. Engali's picture

Wisefool sometimes you're a bit hard to follow,you can ramble some times , but this time you make a lot of sense. Amen brother.

Fri, 01/13/2012 - 17:38 | Link to Comment Hedgetard55
Hedgetard55's picture

you should have broken the deck into two parts and shuffled each. not so wise, are ya?

Fri, 01/13/2012 - 17:51 | Link to Comment Ignorance is bliss
Ignorance is bliss's picture

Can you break the tax code into two?

Fri, 01/13/2012 - 19:51 | Link to Comment Teamtc321
Teamtc321's picture

Wisefool, bravo sir.

 

Ron Paul 2012

Fri, 01/13/2012 - 17:03 | Link to Comment lolmao500
lolmao500's picture

S&P downgrades France's credit rating, French finance minister says (CNN)

Fri, 01/13/2012 - 17:04 | Link to Comment Alex Kintner
Alex Kintner's picture

Ok, let's stop the Status Quo.
1) Stop the pointless wars immediately.
2) Reduce military spending by 10X (brings us into parity with other nations)
3) Give Congress a courtesy flush. Then get the money the fuck out of politics.

Fri, 01/13/2012 - 17:24 | Link to Comment punxsutawney phil
punxsutawney phil's picture

In order to take back control of our government, we need to get the media out of the equation.  Money = success in elections.  The correlation is too high.  We spend 50 million dollars to elect a congressman that we will then pay $75,000 a year.  Every dollar that goes into that election needs to then be extracted once in office.  Campaign finance limits the only answer, although recent changes in campaign finance laws have actually gone the other way ...

 

Fri, 01/13/2012 - 17:05 | Link to Comment RobotTrader
RobotTrader's picture

Can't keep a good bull market down.

 

Dip buyers are winning.

Fri, 01/13/2012 - 17:10 | Link to Comment Desert Irish
Desert Irish's picture

The idea behind a suckers rally is to draw in as many suckers as possible.

Fri, 01/13/2012 - 17:14 | Link to Comment Salah
Salah's picture

You got it, Red Rider.

Fri, 01/13/2012 - 17:23 | Link to Comment LULZBank
LULZBank's picture

Suckers rally???

People rushing to give bjs?

Fri, 01/13/2012 - 17:25 | Link to Comment Max Fischer
Max Fischer's picture

 

 

Very few silver investors would disagree with that.

Max Fischer, Civis Mundi

Fri, 01/13/2012 - 17:43 | Link to Comment DoChenRollingBearing
DoChenRollingBearing's picture

DCRB, Emptor Bearingorum

Fri, 01/13/2012 - 17:06 | Link to Comment Stuck on Zero
Stuck on Zero's picture

This is pretty much an attack at straw men.  Bold statements of emotion with little evidence.  For example:

"This notion that the Central State is effectively omniscient and all-powerful is central to the belief system of Americans now"

Hardly.  Americans are pretty disaffected by government.  Polls show 18% approval ratings.  The Author is stating that Americans are what the MSM makes them out to be.  Talk to anyone in the street.  Get on the subject of government and anger surfaces. 

A cabal of power junkies and psychopaths has taken over and Americans want them to leave but do not want to tear down the system.  The Author may be angry but it is no reason to tear down the man in the street.

Fri, 01/13/2012 - 17:10 | Link to Comment ebworthen
ebworthen's picture

Well done.

Part of the reason this has been so successful has been suburbanization and more and more people growing up disconnected from natural inputs/outputs.

Food comes from the grocery store where there is plenty of everything, and clothes come from the store.

The post WWII consumption society has demanded ever increasing of everything detached from reality and consequences.

Humanity has yet to avoid the consequences that the realities of nature eventually imposes.

When detached from reality the money printing, debt, bailouts, and ever increasing expectations almost make sense.

Alas, reality and the ever increasing of everything will meet - and it won't be pretty.

Fri, 01/13/2012 - 17:42 | Link to Comment Golden monkey
Golden monkey's picture

Right. Cuz the savior is a fucker.

Fri, 01/13/2012 - 17:12 | Link to Comment BLOTTO
BLOTTO's picture

We have been conditioned a lot longer than 67 years...

Not to mention, its not that we have/are conditioned to 'expect'...""""... we've been conditioned to 'want' and 'need it'... Want uneccessary gadjets and crap...

 

Fri, 01/13/2012 - 17:15 | Link to Comment Dr. Engali
Dr. Engali's picture

Later on tonight ,after a few rounds of Crown, I'll be in no condition.

Fri, 01/13/2012 - 17:26 | Link to Comment Commander Cody
Commander Cody's picture

You will be in a condition - one of your own making.  Sounds like liberty, tastes like booze.

Fri, 01/13/2012 - 17:13 | Link to Comment rsnoble
rsnoble's picture

Gee. I sure look forward to getting old in this fucking environment.

Fri, 01/13/2012 - 17:26 | Link to Comment BandGap
BandGap's picture

I hear you, was planning my "out" in 6-8 years, retire in ten. This shit sure does complicate the fucking scene.

Funny, I put myself through college, got a great degree, paid my taxes, SS, raised three kids.  Now the shit appears to be hitting the fan.

Well, it ain't boring.

Fri, 01/13/2012 - 17:50 | Link to Comment Dr. Engali
Dr. Engali's picture

Who the hell junks a post like this? Some people must junk for the thrill of junking.

Fri, 01/13/2012 - 17:13 | Link to Comment Richard Head
Richard Head's picture

Very well-spoken.

Fri, 01/13/2012 - 17:25 | Link to Comment 847328_3527
847328_3527's picture

In a drastic move to prepare for the loss of millions of dollars in state redevelopment funds this year, Oakland will hand layoff notices to 1,500 city employees next week, and 200 will eventually be dismissed, city leaders said Thursday.

Read more: http://www.sfgate.com/cgi-bin/article.cgi?f=/c/a/2012/01/12/BASM1MOL5B.DTL#ixzz1jNMgU0iT

 

 

 

Fri, 01/13/2012 - 17:34 | Link to Comment Atomizer
Atomizer's picture

We're all conditioned to partake in the Planned Obsolescence cycle.

 Truth Hurts

Fri, 01/13/2012 - 17:34 | Link to Comment circusoflife
circusoflife's picture

America was named after AMERIGO Vespucci

 

re-in-car-NATION

AMER-IGO --> AMOR - EGO

AMOR - ROMAnticize / LOVE - EVOL

A country full of souls that are --> United "States" of "Lovers of EGO"  EGO=self-identity/pride

Fri, 01/13/2012 - 17:41 | Link to Comment toomanyfakecons...
toomanyfakeconservatives's picture

You say permanent expansion. I say infinite growth. Cancer expands. Plants and people grow.

Fri, 01/13/2012 - 23:46 | Link to Comment sitenine
sitenine's picture

Agent Smith: I'd like to share a revelation that I've had, during my time here. It came to me when I tried to classify your species. I realized that you're not actually mammals. Every mammal on this planet instinctively develops a natural equilibrium with the surrounding environment, but you humans do not. You move to an area, and you multiply, and multiply, until every natural resource is consumed. The only way you can survive is to spread to another area. There is another organism on this planet that follows the same pattern. A virus. Human beings are a disease, a cancer of this planet, you are a plague, and we are the cure.

Fri, 01/13/2012 - 17:41 | Link to Comment sitenine
sitenine's picture

The majority of Americans are uneducated pathetic idiots. Watch Reggie Middleton explain on the latest 'Capital Account'. Per their MOM masters, hopium = good & doom and gloom = bad. The idiot sheople will jump down your throat should you deviate from their government sponsored ideas. Education was the answer 50 years ago. I'm reminded of a Chinese proverb, "the best time to plant a tree is yesterday."

Fri, 01/13/2012 - 17:45 | Link to Comment DoChenRollingBearing
DoChenRollingBearing's picture

The second best time is right now.

Fri, 01/13/2012 - 17:53 | Link to Comment Atomizer
Atomizer's picture

 

 

By controlling the Education system, planners condition proles for dependency.

Obama Money - Where Did it Come From?

 

Fri, 01/13/2012 - 17:42 | Link to Comment aerial view
aerial view's picture

excellent commentary chs; but this has been the ultimate plan from day 1: replace all gods and associated morals with the "god-savior state" where the elitists play god and seek to control every aspect of our life through countless new laws, invasion of privacy, media manipulation and fear. The goal has been achieved and only a great awakening or some cataclysmic event will free us from this abomination.

Fri, 01/13/2012 - 18:03 | Link to Comment Golden monkey
Golden monkey's picture

My Gosh, the elites are so strong.

Don't worry if you can't bankrupt them. I can.

Cuz I'm a monkey monitered from the sky.

Flying dam high, like a 1000w HID lamp.

Fri, 01/13/2012 - 17:44 | Link to Comment woggie
woggie's picture

no argument here, with the caveat that the "habituation" would have to come soaked in blood.

Fri, 01/13/2012 - 17:56 | Link to Comment BrocilyBeef
BrocilyBeef's picture

Folks,

We've got a junky on our hands and it's that crazy Uncle Sam (as usual.)

In your name, the US Treasury has over-spent by $48K.

Real soon it'll be $52K. With no end in sight!

This is the balance for every citizen, even those born in the next five minutes.

It is real and the worst part is you can't stop it. Even if you try (and believe me, I dare you.)

“If ever again our nation stumbles upon unfunded paper, it shall surely be like death to our body politic. This country will crash.”
 – George Washington

"The fact that we are here today to debate raising America's debt limit is a sign of leadership failure. It is a sign that the U.S. Government can't pay its own bills. ...
Over the past 5 years, our federal debt has increased by $3.5 Trillion to $8.6 Trillion. That is 'trillion" with a capitol 'T'. "

    -- Barack Obama (2006)
    http://www.snopes.com/politics/obama/debtlimit.asp

"Disobedience is the true foundation of liberty. The obedient must be slaves."
     -- Henry David Thoreau

One more hit for "the people" OR ELSE!!
   
    http://www.treasurydirect.gov/govt/charts/charts_debt.htm

Debt Bondage - the tyranny of history, today!
September 2011 - $15.194 trillion
February 2010 - $14.294 trillion
December 2009 - $12.394 trillion
February 2009 - $12.104 trillion
October 2008 - $11.315 trillion
July 2008 - $10.615 trillion
September 2007 - $9.815 trillion
March 2006 - $8.965 trillion
November 2004 - $8.184
May 2003 - $7.384 trillion
June 2002 - $6.4 trillion
August 1997 - $5.95 trillion
March 1996 - $5.5 trillion
August 1993 - $4.9 trillion
April 1993 - $4.37 trillion
November 1990 - $4.145 trillion
October 1990 - $3.23 trillion
November 1989 - $3.1227 trillion
August 1989 - $2.87 trillion
September 1987 - $2.8 trillion
August 1987 - $2.352 trillion
July 1987 - $2.32 trillion
October 1986 - $2.3 trillion
August 1986 - $2.111 trillion
December 1985 - $2.0787 trillion
November 1985 - $1.9038 trillion
October 1984 - $1.8238 trillion
July 1984 - $1.573 trillion
May 1984 - $1.52 trillion
November 1983 - $1.49 trillion
May 1983 - $1.389 trillion
September 1982 - $1.2902 trillion
June 1982 - $1.1431 trillion
September 1981 - 1.0798 trillion
September 1981 - $999.8 billion
February 1981 - $985 billion
December 1980 - $935.1 billion
June 1980 - $925 billion
September 1979 - $879 billion
April 1979 - $830 billion
August 1978 - $798 billion
October 1977 - $752 billion
June 1976 - $700 billion
March 1976 - $627 billion
November 1975 - $595 billion
February 1975 - $577 billion
June 1974 - $495 billion
December 1973 - $475.7 billion
October 1972 - $465 billion
March 1972 - $450 billion
March 1971 - $430 billion
June 1970 - $395 billion
April 1969 - $377 billion
June 1967 - $358 billion
March 1967 - $336 billion
June 1966 - $330 billion
June 1965 - $328 billion
June 1964 - $324 billion
November 1963 - $315 billion
May 1963 - $309 billion
July 1962 - $308 billion
March 1962 - $300 billion
June 1961 - $298 billion
June 1960 - $293 billion
June 1959 - $295 billion
September 1958 - $288 billion
February 1958 - $280 billion
July 1956 - $278 billion
August 1954 - $281 billion
June 1946 - $275 billion
April 1945 - $300 billion
June 1944 - $260 billion
April 1943 - $210 billion
March 1942 - $125 billion
February 1941 - $65 billion
June 1940 - $49 billion
December 1939 - $45 billion
December 1919 - $43 billion
http://usgovinfo.about.com/od/federalbudgetprocess/a/US-Debt-Ceiling-History.htm

"None are more hopelessly enslaved than those who falsely believe they are free."
-- Johann Wolfgang von Goethe

The gates of liberty are always open but only ever closed by force.

The central state cannot fix the economy. This is the lesson. It took me twenty years and a lot of failed hypotheses to get it.

Thank you very much for your time.

With love and respect.
-Brocily

Fri, 01/13/2012 - 23:22 | Link to Comment DoChenRollingBearing
DoChenRollingBearing's picture

+ 1

That was excellent, thank you for posting those numbers.  You have saved me some time for a project at my blog.

Fri, 01/13/2012 - 18:00 | Link to Comment gwar5
gwar5's picture

The more TPTB damage our collective psyches, and drag things on to demoralize us, the more we will accept our future lower standard of living.

 

 

Fri, 01/13/2012 - 18:02 | Link to Comment Seer
Seer's picture

As a result, Americans have habituated to permanent expansion. The concept that contraction--less of everything--is the new normal simply doesn't register; it is rejected, denied, or decried as a great tragedy. The notion that it is simply reality does not compute with a populace habituated to permanent "growth" that is at worst interrupted by brief recessions.

The WORLD has habituated.  Toss out all States and people will still believe that GROWTH is the answer.  It's built-in.  And then a massive collapse happens, which is blamed on something (religion, political dogma etc.) other than the silly notion that we can perpetually grow on a finite planet.

Fri, 01/13/2012 - 20:18 | Link to Comment honestann
honestann's picture

The fact is, responsible production is good.  But production doesn't necessarily mean growth in quantity (though hopefully in quality as we learn more).  I'm not sure why people value growth.  What's that all about.

A related point.  I often say that humans are especially screwed this time because they have no frontier for the smartest, bravest and most creative to move to, and live or die by their wits (not government handouts).  The predators-that-be and predator-class have known for a long time that if space became the next frontier for mankind, that the best, brightest, bravest, and most hard working would take their chances and leave.  The predators-that-be and predator-class want to control all sentient life in the universe, so they took the space program that went from ZERO to sending man to the moon in 9 years... and made sure no sigificant advances in space habitation happened for the following 40 years.  This is no accident.  Without a frontier (or at least one large country that practices liberty), mankind is finished.

Given the ability to expand in outer space, mankind can grow almost indefinitely (though personally, what's important to me is quality, not quantity).

Fri, 01/13/2012 - 18:02 | Link to Comment Westcoastliberal
Westcoastliberal's picture

I'm just your average self-employed businessman, but even I can see we're way, waaay beyond a "recession" or even a "depression".  What we have now is a "regression".  We're sliding backwards, folks.  All the taxpayer money that has been spent to stop the slide is wasted, because if we ever arrive at mark to market time, we'll discover the TBTF have no equity and thus are truly bankrupt.

Sure, we'll go through a period when the 1% are shaken down in an attempt to "re-equalize" the economy, but we all know those with the most wealth also have the means and connections to hide a good percentage of it.

And we'll endure more wars as peak oil is not just inevitable, but already here....these wars will only add to our problems.  Once a nuke is popped off, "MAD" will not longer remain a strategy.  The use of nukes will become acceptable. Sometime in the next 10 years, we'll probably see global thermonuclear war.  And that will be the reset for those left to survive on the rubble of the current civilization.

Dark times are ahead. Funny thing is, all this or something similar has probably happened before on planet Earth. We really don't know our true history.

Fri, 01/13/2012 - 18:06 | Link to Comment molotov
molotov's picture

WTF!?

"Americans have been conditioned for three generations to expect the Savior State to "do something" during downturns to "make it right.""

No! Banks and by extension all those who profit through them, not the average Joe and Jane, have been conditioned for the past thirty years to be bailed out. Go shove your Ayn Rand ideology up your ass.

Moron. We're coming for you.

Fri, 01/13/2012 - 18:09 | Link to Comment YesWeKahn
YesWeKahn's picture

All of them deserve the "As s" rating.

Fri, 01/13/2012 - 18:23 | Link to Comment SillySalesmanQu...
SillySalesmanQuestion's picture

Baaaaaaaaaaaa...Baaaaaaaaaaaa...Baaaaaaaaaaaa

Fri, 01/13/2012 - 18:23 | Link to Comment Texas Ginslinger
Texas Ginslinger's picture

Edward Bernays carrys a lot of the blame for why we got to this place.

He showed companies to sells us stuff we want, but don't need.

Landfills are full of the want stuff.

Our garages and basements are full of the want stuff.

We are like a virus - slowly consuming the host until it collapses, and we die along with it.

 The wise will have no debt and a way past the turmoil that is sure to come.

Farmland with a good water supply is probably a good thing to own at this point in time.

 

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