Getting Away

The Kavanaugh hearing was the most flagrant display yet of the sicknesses at the core of the United States. The tribal divisions were more bare than usual. No one cared about clear abuse of women or obvious ongoing alcohol addiction issues or rather obvious lying that demonstrated how clearly unfit the many is for a judicial position. He was their boy, and that was enough for him to get away with it.

There are no principles left for the nation, only force.

We can and likely will get past some of the worst of this after the November election. Then again, the rise of one party to a position of power and the ability to check these abuses will only make the situation worse in the immediate term. It’s hard to know how to get past this.

Continue reading

Advertisements

Corporate Debt

Ten years ago, Lehman Brothers collapsed in a pile of overextended debt that could not be sustained by a weakening housing market, stock market, and many other bubbles. It would later be called the end of the “housing bubble” as a general panic ensued over the asset most commonly held by the general public.

But the issue at hand was, more generally, a debt crisis which fueled an unsustainable rise in asset prices in many areas. Banks were caught with more liabilities than assets as loans that should never have been made defaulted.

Today, banks are more wary, especially of consumers. But corporations have been racking up debt to a level that many feel is unsustainable.

Continue reading

Constitutional Crisis

Throughout the day, rumors have been circulating that Assistant Attorney General and overseer of the Mueller probe Rod Rosenstein was about to resign or be fired. The decision has apparently been put off until Thursday.

This is the beginning of an actual constitutional crisis, a conflict within the republic but outside of the Constitution itself. It does not automatically lead to the firing of Mueller, but it makes it much more likely. This is a time for all Americans to be ready to act to preserve freedom as we know it.

Continue reading

War Debt & Collapse of the Empire

History is consistent in one important way. Empires always fall, and there are three main causes for the collapse. Succession crises, corruption and debt are what eventually bring them down. And the cause of debt is always an insatiable appetite for war – either from a need to defend the borders or expand them.

In the US today, there is no concern about succession, as our Founding Fathers made sure that wasn’t an issue. Corruption is certainly an issue, but it’s nowhere near Roman levels at this time. Debt, on the other hand is mounting rapidly.

What is the cause of that debt? Despite many deflections, it’s not caused by taking care of people. Our debt can be directly traced to our appetite for war.

Continue reading

Cooperation, Not Combat

The trade war with China accelerates as the Trump administration’s latest tariffs have been matched. Talks have broken down, and Trump seems to think that the taxes are paid by China, not US consumers. He’s not going to back down anytime soon.

Where does it stop? If the end goal is an even trade between the two nations, it’s not actually possible to accomplish it this way – unless it drops to zero. There are systemic problems in world trade generally and China specifically which create this issue that can and must be worked out. A competent administration would do that hard work and create a world that is much more even all around.

But no, we’d all rather just bully our way to prosperity or something.

Continue reading

Conspiracy in Hindsight

As with every 9/11, the passage of this date brings an exhaustive recounting of long debunked conspiracy theories.  This piece from 2014, slightly updated,  discusses only one aspect of the ridiculousness of this spectacle.  

The US commitment to being the policeman of the world. continues, bringing us into conflicts everywhere.  One of these is the still ongoing fight against Da’esh or ISIS, which has never been totally vanquished.  Why?

If you believe one conspiracy theory popular in the Middle East, it’s a creation of the US – for the purpose of doing just what we’re doing now, which is a justification for more interference.

While this comes from a region of many conspiracy theories, hatched by governments like Iran with strong propaganda needs, it’s actually a common type of conspiracy theory. It comes from looking at the result of a world event and then working backwards to determine that the outcome must have been planned by nefarious forces. Such “Hindsight Conspiracies” are part of the news cycle these days – despite almost always being pathetically wrong.

Continue reading

Faith and Deeds

This piece from a year ago is still valid.  

A lot of people are upset about the direction of the nation. Nearly a two to one ration finds that the nation is on the wrong track, according to a Rasmussen poll. That fits with the ongoing controversies sweeping our mindscapes involving protests of various kinds.

A lack of faith in our government should be one thing which unites us. It’s something of an American tradition, after all. Some think it’s involved in vast conspiracies. Some want to stockpile arms against it. Some think it’s just plain incompetent. Some think our history is a complete lie.

No one, anywhere, thinks that government is going to solve all of our problems. No one trusts it completely. No one thinks our taxation system is completely fair. No one thinks that the system always produces justice.

Yet protests about our system or our government are the surest way to spark a highly emotional shouting match that transcends any ability to get anything done. And there may be a good reason.

Continue reading