One critical issue is absent in this election year. Well, actually all critical issues are absent, but that’s another point. This time around absolutely no one is talking about one thing that has dominated US politics since the early 1970s – the price of oil. Gasoline is cheap and everyone is happy.
Everyone, that is, except the oil and gas industry. The crash in oil prices in 2014 has confounded the business of drilling, baby, drilling and left oil prices if anything too low – a concern if your job is to make the bubblin’ crude come out of the ground.
It’s been a mystery since the crash just where oil prices will finally land. Today, however, most experts finally agree – we are probably right now in the range that oil will stay at for at least the next year, if not beyond. That’s great for the US, but terrible for other oil producing nations.
Another bizzy day calls for a repeat, this one with a travel theme from way back in 2009.
The train between concourses in Atlanta Hartsfield airport is full of the heat, sweat, and silence any traveler comes to expect. There are three electric signs explaining the situation – one in English, one rolling between French, German, and Spanish, and the last one the more artful display of Arabic, Japanese, and Korean. Whichever one made the most sense to any particular traveler was unclear as we all kept our language to ourselves. Certainly, for many of them, English would have been enough – and not just because we were at the portal to Atlanta. To many people around the world, the language of the new globalization is the youngest one of all.
CNN was on in the background, the sound turned off. It didn’t matter, however, because the heat of the discussion came through in vivid colors all the same. It’s all bad, it’s all hot, it’s all gonna burn down.
With the sound off and other distractions around me, however, it was easy to find some kind of hope. People passed by the noise and hardly registered it all in the hotel lobby. Life went on. Life will go on, once this nonsense is all over in a month. What will go down then?
The short answer is that America will be the same, but America will never be the same. Trump and his people more or less promised us all along that they would burn it all down and they will. We live in a different nation now, one which will have to reboot somehow from the ashes of what is left of civil discourse. Following a strong repudiation of Trump this might not be a bad thing.
The response came as you might expect in a flurry of angry tweets, but it included a cynically combative ray of hope. “It is so nice that the shackles have been taken off me and I can now fight for America the way I want to.”
The Trump campaign has been compared many times in the past to a kind of fire – a dumpster fire, a tire fire, perhaps even a landfill fire. But with this great “stab in the back” by Republican leaders desperate to save their own skins there is little doubt the fire will indeed spread. Call it a funeral pyre, if you want, but eventually we can see it will ignite the highly flammable Republican panoply of Gods and Heroes alike.
We’ve seen such an epic blaze before – first in the stagecraft of Wagner and later made real through Hitler. Yes, we’ll go there. It’s all going there, all going ablaze.
Apparently, bragging about predatory sexual assault is over “the line”. I have been wondering where the line was for some time.
We all knew this election was going to get ugly. We all knew this was going to plumb the depths of personal attack and warped reality, straying far from the many things we need to work out as a people. We all knew that it was going to be sick, weird, and ultimately just unreal.
So here we are, adrift in that spot on the map labeled “Here be Dragons”. Taking a metaphor from Columbus Day, we’re in that terrible moment when there is no sign of land and just about anything can happen. Our biggest fear should be that we’ve seen this story before and we can only hope that it doesn’t wind up with new horrors far away from the civilized authorities – horrors like genocide, slavery, and plunder.
Twitter is dying. Or perhaps it is already dead, it’s hard to say. The stock has rallied lately, anticipating a buyout by …. someone. Google just said they aren’t interested, and who can blame them? The company has never been profitable and has never found its niche.
It is still handy if you want to know what Trump is thinking around 3AM, if you are into that kind of thing. CNN still relies on twitter for feeds from ordinary people for some reason. But for all of this, there was never anything resembling an actual revenue model and never any attempt to find a way to organize the firehose of information that blasts at you once you reach a certain number of users.
I have no use for it, and I don’t know anyone who does. Will it go away?
This is a critical week in the Presidential election. No, that’s not because of the Vice Presidential debate, which will start right after this is posted. You can decide for your self just how important it is and then revise your estimate downward a week later. Don’t worry, we live in a time of negative interest rates so there is indeed a lower standard of importance than whatever you are thinking.
No, this is the week for the final jobs report. Not the last one before the election – that comes out the Friday before. That will be too close to the election to really sink in, so this is the last one that we can be sure will count. Will it be good and favor Obama III: The coming of Hillary? Or will it be a disaster and herald the arrival of, well, a much worse disaster named Trump?
Bet on a solid 180k gain that will seem decent enough to be called a win. But you never know with these reports. Here’s why.