Weekend Reading: Why We Don't Talk Anymore

Authored by Lance Roberts via RealInvestmentAdvice.com,

I have been doing a daily radio talk show for 18-years. I started out, totally by accident, doing a financial talk show on a business radio station in early 2000 as the “dot.com” crash was underway. It was the genesis of what would eventually become Real Investment Advice.com Then, in 2007, I got picked up by a larger radio station in Houston, Texas to do my own radio program and was eventually asked to expand the show to cover conservative politics.

As a “fiscal conservative,” discussing the intersection of political and fiscal policies as it relates to the economy, financial markets, and our families was an easy transition. As the “financial crisis” ensued our commentary regarding capital preservation and risk management brought on a larger audience. During the next 8-years under the Obama Administration, I openly disagreed with policies like the Affordable Care Act, IRS suppression of conservative groups, and unbridled spending and debt expansion in Government.

I didn’t disagree with these policies because they were from an opposing party, but because they weren’t good for the country, the economy, or our families.

Importantly, my show allowed for open and honest discussions by those on both sides of the argument. While we certainly had our share of “heated” debates, they were always civil, respectful and honest. We discussed facts, exposed fallacies, and shared beliefs in an educational format.

However, over the last two years, having those open and honest discussions are no longer viable. The “heated”exchanges are now simply vitriolic. There is no ability to “simply disagree” with those on the “right” or the “left” as debates are have devolved into yelling matches.

The hypocrisy of both sides has become acidic. During the Obama Administration, the “right” consistently droned on about the flaws in the U-3 unemployment rate. Now, they use it as proof that Trump’s policies are working. The “left”is just as bad in switching arguments to support their narrative as well.

Who would have ever believed that #FakeNews would actually be “a thing.”

Just as in any marriage, when two people are no longer “talking,” the end is near.

The same is true in this country.

A recent PEW study shows the political divide that engulfed our country.

Don’t dismiss this divide lightly. As Ben Hunt recently noted:

“Has all this happened before? Sure. Time to dust off your copy of Gibbon’s Decline and Fall. Time to reread Will and Ariel Durant. Just be forewarned, the widening gyre can go on for a loooong time, particularly in the case of a major empire like Rome or America. It took the Romans about four centuries to officially exhaust themselves, at least in the West, with a few headfakes of resurgence along the way. Four centuries of mostly ridiculousness. Four centuries of profitable revenge and costly gratitude. Four centuries of a competitive equilibrium in a competitive game.

Has this happened before in American history? Hard to say for sure (how dare the Pew Research Center not be active in the 1850s!), but I think yes, first in the decade-plus lead-up to the Civil War over the bimodally distributed issue of slavery, and again in the decade-plus lead-up to World War II over the bimodally distributed issue of the Great Depression. I really don’t think it was an accident that both of these widening gyres in American politics ended in a big war.”

Even the Bible notes the importance of unity:

“And if a house be divided against itself, that house cannot stand.” – Mark 3:25

We are currently on a path that can not end well.

We are no longer talking.

Yesterday, was the end of my “political” talk show.

I am returning to my roots beginning September 4th to help prepare you for the coming crash. 

It is not a bearish view.

It’s not a “doom and gloom” forecast.

It is just the simple the reality we are on a collision course in this country which won’t be stopped. I hope you will tune in and listen.

Just something to think about as you catch up on your weekend reading list.

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“The contrary investor is every human when he resigns momentarily from the herd and thinks for himself” – Archibald MacLeish

Comments

legalize LoneStarHog Fri, 08/10/2018 - 17:55 Permalink

I gotta say, it's the lefties that have become incapable of agreeing to disagree.  If that behavior has been picked up on the right, then it's only in response to spastics on the left.  With Trump's election and the utter rejection of their world view, they've simply become apoplectic and irrational.  Eventually they may come back to being able to have a discussion without an ad-hominem attack on anyone who has a differing opinion, but for quite some time now (even before Trump, think back to Bush Derangement Syndrome and this shit has been going on for at least 20 years at this point) the knee-jerk reaction has been to throw out accusations of racist, sexist, homophobic, xenophobic, islamophobic, phobosphobic (the fear of Phobos, one of Mars's moons) and so-on.  A lot of these people have been shaken out of hiding in the woodwork after 9/11.

How Liberals Think

In reply to by LoneStarHog

SACRED-COW legalize Fri, 08/10/2018 - 18:20 Permalink

All part of the Deep State plan; divide and conquer.

The same strategy, via the CIA's Phoenix Project, has been applied to many other countries.

And, it appears to be working perfectly right here at home.

But, it won't be too much longer before the left and the right are in total agreement.

Envision what the country will look like after that happens.

Picture the mayhem in Syria, Afghanistan, Iraq, Vietnam, and many of the South and Central American countries.

It won't be pretty.  It never is.

Hopefully, when it finally happens, I'll be too old to notice or care.

In reply to by legalize

rent slave Oldguy05 Fri, 08/10/2018 - 17:28 Permalink

Here's an irony about Hillary's firing:It was my Congressman,Pete Rodino,who did the firing.Rodino only got back to Congress for that term due to machinations of Harrison,NJ Mayor,Frank E.Rodgers,who somehow turned out 70 per cent of the registered voters for a primary when the rest of the state was turning out 20-25 per cent.Last year,Hillary herself came to Harrison for a funeral of the father of California Congresswoman,Ellen Tauscher,a high school classmate of mine.

In reply to by Oldguy05

TheEndIsNear Oldguy05 Fri, 08/10/2018 - 18:59 Permalink

Or when they refuse to acknowledge the law of conservation of mass and insist that fully loaded 757 aircraft simply "vaporized" into thin air at the Pentagon and at Shanksville where no aircraft debris were found during 9/11. Yes, an ex-friend actually said that, and believes such mind boggling bullshit. What can a reasonable person do in the face of such ignorance, except avoid such idiots as much as possible? 

In reply to by Oldguy05

JRobby Stu Elsample Fri, 08/10/2018 - 18:52 Permalink

If you listen to "All Things Considered" this evening, August 10th, 2018 you might understand why.

The concept was put forth that Black women have higher incidents of mortality in child birth than Whites because of stress caused by micro agressions throughout their pregnancy alluding to racism by Whites.

 

In reply to by Stu Elsample

GunnyG Fri, 08/10/2018 - 16:30 Permalink

I have no doubt that there is going to be blood in the streets and the Left is going to reap the whirlwind as a reward for their violence, hatred, and identity politics.

The Soy Alliance is doomed.

NVTRIC Fri, 08/10/2018 - 16:36 Permalink

We don't talk because some issues can have no middle ground.  People can no longer agree to disagree, there must be a winner and a loser, every fucking time.  No one is held accountable unless you are a lowly pleb who voluntarily choose servitude and ownership by the state.

 

 

GunnyG NVTRIC Fri, 08/10/2018 - 16:42 Permalink

How can you find common ground with the scumbags on the Left who hate Conservatives, obfuscate justice, censor us, attack us, give aid and comfort to our enemeies (Waxman's letter for Code Pink), prefer illegal aliens over American citizens, hate the Constitution, ignore the laws, hate America, hate White people, etc? The list is almost endless.

In reply to by NVTRIC

VWAndy Fri, 08/10/2018 - 16:42 Permalink

 As just one example. Antifa is a symptom and certainly not a cause. Yet people on both sides are treating as tho its the thing it most definitely is not.

Jack's Raging … Fri, 08/10/2018 - 16:59 Permalink

Information is no longer centralized through television and newspapers. There is your change. That is all. It has less to do with people being different, than having access to different information, for once.

consider me gone Fri, 08/10/2018 - 17:06 Permalink

I just got done reading Alexander Hamilton by Chenow and the political atmosphere was surprisingly just as vitriolic as today. Only both sides were die hard conservative by today's standards. Hamilton wanted strong but limited government but Jefferson wanted a collection of states loosely confederated. They were both right essentially. Looking at our .gov now, Jefferson wins the test of time since we're now paying for transgender studies in Nepal and since we're now all slaves to banking interests. It's complicated though. Jefferson, for all of his genius was something of a hypocrite, a coward and a back-stabber. Hamilton on the other hand was banging a 23 old hottie for which I give him two thumbs up.

MusicIsYou Fri, 08/10/2018 - 17:26 Permalink

The division is coming along about as well as when Moses parted the Red Sea. Which was of course Moses dividing Satan against himself. If Satan also be divided against himself, how shall his kingdom stand? It will not stand, It's coming along quite nicely.

FreeEarCandy Fri, 08/10/2018 - 18:11 Permalink

Why We Don't Talk Anymore

We never talked from the very beginning. We argue and fight with each other over how hot it will be in hell when we arrive. Its never an argument about the direction of the country (towards hell). It is always who is in the drivers seat when we arrive. Do you really think a country that has the largest military in the world is interested in talking?

The sooner we get the shit show over the better, as I see no sense in wasting time. I'm not going to live forever, and I'm afraid my blood pressure (170/100 today) will take me out before the first volley of nukes arrives.

atlasRocked Fri, 08/10/2018 - 18:14 Permalink

This post is false: I have debates with conservatives on my wall all the time, all you have to do is tell everyone you are using standard business decorum - stick to the facts - and conservatives who will mostly argue very graciously within those rules.

Liberals will not adhere to those rules.

atlasRocked Fri, 08/10/2018 - 18:14 Permalink

This post is false: I have debates with conservatives on my wall all the time, all you have to do is tell everyone you are using standard business decorum - stick to the facts - and conservatives who will mostly argue very graciously within those rules.

Liberals will not adhere to those rules.

gdpetti Fri, 08/10/2018 - 18:31 Permalink

The markets, politics et al... all reflects the situation we are in.... stress test is upon us..... as Mother Nature slowly comes in to do the final stress test.... only a few percent make the cut in any cycle... look back in the geologic records and see the obvious culling occurring.

Defecation Fri, 08/10/2018 - 20:09 Permalink

Normally I make an inflammatory statement by now but I'll take some ibuprofen this time. I think the fundamental divide is based on how there is so much information in the world that you can spend your whole life in one ecosystem. To the cactus, life is arid and sunny. To the polar bear, dark and snowy. To the mosquito, humid and lively. We need to unify the ecosystems somehow. However, the main obstacle is that when brought together, conflict comes and tension rises. For our own mental health we avoid tension. The 24hr news media needs to die because they thrive on tension. The clickbait article aggregate format needs to die because they also need that tension. But these are just market forces that respond to our nature. We glue our eyeballs to the salacious and contentious.

Mark777 Fri, 08/10/2018 - 22:26 Permalink

In a similar way, my marriage failed, actually, imploded.  A large part of the blame I lay at the feet of Borderline Personality Disorder.  I could no longer reason with my then-spouse, there was so much past emotional baggage (in her perception) that she just wasn't listening anymore.  She demanded apologies, over and over, for the same imagined wrongs.  Trying to explain my viewpoint or perspective was attacked as excusing myself or siding with others.

BPD has often been called a Blamer's Disorder.  It must be anyone's and everyone's fault except for the complainer.  It is a step more than Blaming... it is Blame Shifting, it's always someone else's fault.  Obviously, nothing will get resolved with such a huge divide.

HighConflictInstitute.com was founded by William A. Eddy (social worker, mediator, lawyer, lecturer, author, etc) and even wrote back in 2012 about the current political divide:

Splitting America: How Politicians, Super PACS and the News Media Mirror High Conflict Divorce
https://www.unhookedmedia.com/stock/splitting-america