A sign hangs in the window of a shop during the U.S. presidential election in South Boston, Massachusetts, November 6, 2012. REUTERS/Mike Segar
Tuesday, November 06, 2012
Monday, November 05, 2012
The Tides of Event
By James Howard Kunstler
on November 5, 2012 8:32 AM
on November 5, 2012 8:32 AM
Mitt
Romney's sickening insincerity was on full view Sunday night as CNN
served up both candidates complete finish-line pitches to the Ohio
crowds thought to hold the fate of the election in their fickle sway.
Romney has consistently proved one thing over the whole, long,
nauseating course of his campaign: that he will say anything to get a vote, no matter how hollow, fatuous, craven, or at odds with reality the utterance is.
Last night he went on about how the USA would become "energy
independent" when he opens all federal lands to oil drilling. This plays
on some lamebrain notion that there are vast fields of easy-to-get oil
sitting out under the Wyoming hardpan waiting to be tapped. Surely Mitt
know better.. or does he? The reality is that these lands fell into
federal ownership largely because they had so little value in the first
place. If there was another Spindletop lurking under the sagebrush you
can be sure it would have been found long before now, so Mr. Romney is
just preying on the public's wishful ignorance (or his own) when he says
these things.
Which gets to the larger issue of what the "drill drill drill" mantra really means:
namely, that Mitt Romney has no idea where history is taking us. The
public may be very nervous about how they will pay for gasoline needed
to live in the suburban matrix, but the reality of the situation is that
the suburban matrix is the problem and doing everything and anything we
can to prop it up is going to destroy the nation. Mr. Romney is
oblivious to this reality and so you can be sure that his mysterious
"plan" for leadership is an empty promise. A reality-based plan, for
instance, would be the rapid rebuilding and electrification of the
regular railroad system, both as an economic development measure and a
national security issue, along with the spirited promotion of walkable
neighborhoods and the rebuilding of our small towns and small cities.
But Mitt is "a car man," as he likes to say.
President
Obama was on display, too, a little later making dubious claims about
his accomplishments and distinctions. (Jon Corzine is still at large.)
There's no evidence that he understands the true nature of the
implacable economic contraction underway and how it will change
everything about how we live on this continent. But I think there is a
better chance that he could get a clue in the next four years than is
the case for Mr. Romney. Also, I don't trust Mr. Romney to deal
intelligently with foreign nations, while the specter of yet another
arch-conservative idiot on the Supreme Court of the type that would rule
affirmative on something like the Citizens United case gives me the
vapors... so I have to pull the lever for Mr. Obama.
Finally, I just don't like Mitt Romney. He's the over-eager twerp in
the classroom with his arm always sticking up. He's the missionary bozo
in a necktie ringing your doorbell to sell a fairy-tale cult religion
dreamed up in the 1820s by another over-eager con artist. He's obviously
using the national stage to work out his father issues (George Romney
ran for president in 1968, blundering his way out of the race early on).
He shamelessly panders to the worst elements of his own party - the
ignorant, militaristic, punitive-minded Nascar evangelicals - and
dissembles so automatically that there is nothing left of whatever core
beliefs he might have theoretically developed earlier in his career.
He's too chicken to engage with the realities of climate change, so
visibly on display this season. He's spoiling to rumble with China,
apparently oblivious to the fact that China's leader-in-waiting, Xi
Jingping, is an army brat. I pray at my little alter of ecumenical
totems that the tides of history will sweep Mitt Romney out to the seas
of retirement from public life, where he can enjoy his Medicare
entitlements secure in the guarantee that he will not be hassled over
any pre-existing conditions.
Speaking of tides, we are
now a week past the awful depredations of Hurricane Sandy and a lot of
people are yet sitting in the cold and dark. The story is still
developing - in a way similar to Hurricane Katrina - in the sense that
the ordeals of individual suffering and loss are slow to emerge from the
chaos of the moment into public awareness. For instance, it took weeks
after Katrina for many property owners to learn that the loss of their
house was attributed to "flooding," which is generally not covered in
home insurance policies. There are still vast neighborhoods, such as
Long Beach, Long Island, where the issue hasn't even come up yet, at
least not in the news media. When it does, it will be much bigger deal
politically than was the case in Biloxi, Mississippi, or the 9th Ward of
New Orleans, where people were more accustomed to the cruel boot of
authority, not to mention the frequent tantrums of a subtropical ocean.
I don't know how Sandy will affect the electoral results in New
York, New Jersey, Virginia, and Pennsylvania, but even if polling places
can be set up in ruined, blacked-out districts one would think the
eligible voters have a lot more urgent matters on their minds.
Anyway, once this dreadful election is over the floodgates of events
will open up and we will once again be forced to reckon especially with
the epochal forces that seek to shatter the financial system. Sandy was
a kind of preview of coming attractions for a different sort of
wreckage to come.
Wednesday, October 31, 2012
Monday, October 29, 2012
This picture is obviously photoshoped,but seems to be making the rounds on Twitter this morning...
Sandy is a serious storm...
The storm was barreling north from the Caribbean
and was expected to make landfall early Tuesday near the Delaware coast, then
hit two winter weather systems while moving inland, creating the potential for a
monster storm, according to the Associated Press.
The storm is still 200 miles away and part of Brooklyn are already underwater...
The storm is still 200 miles away and part of Brooklyn are already underwater...
Apocalyptoween
By James Howard Kunstler
on October 29, 2012 9:33 AM
on October 29, 2012 9:33 AM
With
little to do while waiting for something possibly very bad to happen
people tend to get jokey. That was how I felt about the election until
Hurricane Sandy came along. For one thing, I happened to travel (by car -
how else?) last week from Bennington through Brattleboro, Vermont, and
down into a de-industrialized corner of northwestern Massachusetts.
There were at least three major highway bridge re-construction projects
(and many lesser ones) still underway along the route from last year's
Hurricane Irene, which devastated Vermont. There's a fair chance that
Vermont will get whacked again, undoing a billion dollars of work along
the same mountain river roads. How demoralizing will that be? And where
does the local share of the money come from?
I remember,
too, being in Wilkes-Barre, in Eastern Pennsylvania just a few years ago
and seeing that the city never actually recovered from floods induced
by Hurricane Agnes in 1972, which coincided with the beginning of the
end of the local coal industry. The downtown was functionally dead, with
a zombie overlay of social services, wig shops, and street people
conversing with themselves. It appears that Hurricane Sandy is going to
rip through the same region again, then curl east into my part of
upstate New York and finally slog into the same new England states that
got bashed last year.
Then, of course, there is the
question of what happens to New York City in the next 48 hours, a
potential enormity too vast to quantify from here (not to mention
Washington DC, Philadelphia, Baltimore, Wilmington, and the toxic waste
dump formerly known as New Jersey).
My own main worry,
sitting here in comfort, in a well-lighted room, is how widespread the
electric power outages might be and how long might they last --
conceivably even through the election. Surely, Mr. Obama is pacing
nervously now in some deep underground White House command center,
worrying about what might be required if there is no electricity to run
the voting machines across the nation's most populous region, or if many
hundreds of thousands of voters get stranded at home by broken bridges
and washed-out roads, or how many votes his government might lose if the
juice stays on but he can't relieve the anticipated misery fast
enough... with the idiot Romney kibitzing from the sideline.
I don't know if the US can take that kind of disruption and come
out the other side the same way it went in. The systems that keep us
going are already in trouble, some of them already teetering, like the
airline industry, which can barely keep going with jet fuel clocking at
40 percent of its operating costs due to $90-a-barrel oil. The political
system itself is more fragile than we might suppose, despite the
seemingly despotic reach of surveillance, the size of the government
payroll, and the amazing complacency of the
sports-and-fructose-saturated public. Few believe in the two major
parties, or what they pretend to stand for, including many officers and
foot-soldiers in those parties. If the system finds itself unable to
hold an election on the day specified by the constitution, what happens
then? Another trip to the Supreme Court. Uh-oh....
Anyway, Hurricane Sandy and all it portends this Monday morning is a
nice distraction from all the other things un-winding, tottering, and
fracturing in so many advanced nations. Promises of massive (and
improbable) bailouts have kept the financial meltdown of Europe a few
degrees below critical mass for a couple of months, but the thermometer
is inching upward with the ominous Catalan regional election in Spain
tipping well toward the secessionists, and Greece whirling around the
economic drain, with all of its previous bail-out money merely yo-yoing
back to the client banks of the "troika" that arranged the bail-outs,
and countries like Italy, Portugal, and Ireland whistling past the
graveyard beyond the news media's peripheral vision. And then there is
China with its government transition hugger-mugger, its empty make-work
cities, its crony banking system unaccountable to anyone, and its
extremely modest reserves of its own oil to run the whole hastily
constructed shootin' match. They have been working earnestly in plain
sight - off the news media's radar screen - to construct a resource
extraction empire in Africa, but then they will be stuck with the job of
defending 12,000 mile supply lines. Good luck with that.
Finally, there is the nauseating spectacle of the presidential election
itself, with two creatures of corporate capture pretending to represent
the interests of some hypothetical majority who wish to remain the
slaves of WalMart and Goldman Sachs. If Hurricane Sandy causes such
massive disruption as to interfere with the election, perhaps that will
be a good thing - a sudden, unavoidable re-thinking of our ossified
institutional customs, and a thrust into the emergent history of the
future.
Sunday, October 28, 2012
http://www.wunderground.com/blog/sul...l?entrynum=261
There's going to be two areas which receive a significant wind storm from Sandy as she traverses through the Northeast. First, mainly out ahead of the storm a persistently easterly component wind of 30-50mph with gusts to 70mph will impact just about all of the Northeast, east of the Appalachians and south of I-90. The high elevation regions of the Catskills, Berkshires, Poconos could easily see wind gusts over hurricane force, as will areas along the coast. This will cause extensive tree damage to the region and will leave its scar on the forest for years to come. Widespread and lengthy power outages are a given and preparations should commence now for being without power for several days. Plus there's the wild card of Sandy's core remaining tight and energized by baroclinic energy to produce a mesoscale wind event close to the landfall location. The structure of Sandy will be such that there may be multiple bands of enhanced wind maxima. So there will be peaks and lulls in the action. The second area of high winds will be on the backside of the storm, likely from western/central Pennsylvania down the spine of the Appalachians to West Virginia. Here elevations above 2000' may see a horrific wind storm with sustained 60-80mph winds with gusts over 100mph as lower elevation areas receive 45-60 mph winds with gusts to hurricane force. This region, too, will also see extensive tree damage and widespread power outages lasting several days.
Snowfall:
This "Frankenstorm" will have a wintry side to it as well. Now, depending on where Sandy comes ashore will determine the extent and amount of snowfall seen across the region. The snowfall will be on the southwestern flank of the storm in the cold sector, covering southwestern Pennsylvania, southern Ohio, eastern Kentucky, West Virginia, western Maryland and western Virginia. Snow could even fall as far south and eastern Tennessee, western North Carolina, upstate South Carolina and northern Georgia, though in light amounts. As far as the amounts go, some high elevation areas of West Virginia could see as much as two feet of snow! Elsewhere along the spine of the Appalachians from 8-16 inches of snow is well within the realm from the northern Smoky Mountains to the Laurel Highlands. Lower elevation areas, including the Pittsburgh metro area could even see up to 6 inches of heavy wet snow. This will pose a serious problem when wind is gradually introduced into the storm for these regions.
Thursday, October 25, 2012
Wednesday, October 24, 2012
Monday, October 22, 2012
Snake Garden
By James Howard Kunstler
on October 22, 2012 8:54 AM
on October 22, 2012 8:54 AM
There's a good reason why nobody is paying attention to the election this year except the people who, one way or another, get paid to be interested: because for all that's at stake there is no coherent discussion about any of it. By 'at stake' I mean what we are going to do when the major systems we depend on for everyday life begin to wobble and fail.
There is zero cognizance even among the paid kibitzers that we are near that point. Rather, a rapture of techno-narcissism holds in thrall even people who ought to know better, and a chatter-stream of infotainment propaganda spreads an hallucinatory fog of national self-esteem-boosting figments ranging from "energy independence" to "green jobs."
The truth of our situation is an implacable contraction of the turbo-corporate economy due to remorseless looming energy scarcity. That is, strange to relate, not altogether bad news (if we were psychologically disposed to process it, which we are not). It doesn't have to mean that everything in American life goes straight to shit -- though it might. It could well mean that some of the most destructive corporate actors go to shit (quickly and unexpectedly), making room for some really beneficial transformation.
For instance, the tensions of excessive scale and lack of resilience could put WalMart and everything like it out of business. It wouldn't take much to fatally compromise the 12,000-mile supply lines and the 'warehouse-on-wheels' that the behemoth retailers depends on. $6 diesel fuel and a few more currency war provocations against China could put the schnitz on the operating system of national chain retail. It would be the end of the unacknowledged "entitlement" called "bargain shopping," but it would also provide the opportunity to rebuild the very local and regional economies that these predatory outfits put to death thirty years ago - and, more importantly, open up a vast range of careers, positions, and roles for Americans to play in truly running their own commercial economies in their own home-towns, in particular young Americans otherwise demoralized by an economy that has left so many of them stranded.
This is the direction that reality is taking us in, and one wonders why the candidates can't begin to articulate it in these ridiculous show-and-tell spectacles that we misunderstand to be "debates." Obviously it has as much to do with the sheer inertia of the status quo than even with the grotesque distortions of politics inspired by the Citizens United Supreme Court decision that has allowed the complete corporate capture of elections. And even that nation-wrecking calamity is probably out-weighed by the US public's wish to keep all the familiar machinery of daily life going at all costs.
This last part is surely understandable, but it will certainly lead to a tragic outcome: political and social collapse. No one in any realm of US leadership will face the difficulty and uncertainty of finding our way out of this predicament. Both candidates for president are devoted to sustaining the unsustainable and telling fairy tales about running the WalMart economy on "green" pixie dust.
The systems that we depend on for running everyday life can all be clearly described and understood: commerce (WalMart); farming (agri-biz); transportation (happy motoring + airplanes); medicine (sickness hostage racket); education (babysitting), and so on. All of them are near the end of their existence in their current mode of operation. But the system in greatest danger is finance, which is system that is supposed to manage our accumulated wealth and deploy the surplus for purposes that keep civilization going. Finance is the sickest of all these systems now and the one that is most susceptible to collapse.
The basic problem is that finance and its organs of banking now run entirely on accounting fraud, which is to say the misrepresentation of our accumulated wealth and the subsequent misallocation of what's left of it. Pervasive accounting fraud and control fraud (the criminal abuse of trust in money matters) is joined by the systematic corruption of markets. The stock and commodity markets can no longer perform their primary role of "price discovery" due to the criminal manipulation of indexes, and in particular the computer arbitrage racket known as high frequency trading, not to mention the absence of regulation and rule-of-law more generally. And the money markets can no longer perform their primary tasks of truthfully pricing debt in relation to risk - that is, establishing interest rates -- due to the desperate interventions of central banks.
The result is a money management system that could collapse at any moment into a vacuum of unreality, and the chaos that would ensue is capable of wrecking the current incarnation of advanced industrial civilization. Mitt Romney represents all the forces that seek to pervert truth in banking, markets, trading, and commercial business. He made his fortune in a business of lethal arbitrage, hunting through the underbrush of American business like a poisonous snake, striking his victims in stealth and then consuming them. Barack Obama, lawyer and president, forgot that one of his duties is hunting snakes, and has allowed the garden of America to become overrun with snakes. There is even the pretty good chance that, if he loses this election, Mr. Obama will become one of those snakes himself.
Personally, I have no faith in either of them, and watching them pretend to battle in the trumped-up arena of "debate" makes me sick.
Friday, October 19, 2012
Big Tex burns at the State Fair of Texas
DALLAS -- The famous cowboy that welcomes visitors the State Fair of Texas is no more.
The big man burned down to his wire frame in a fire that broke out sometime around 10:40 a.m. Friday.
WFAA.com is reporting that only the cowboy's hands were left intact after the blaze.
This is the last weekend for the state fair.
Check back for updates to this developing story.
http://www.khou.com/news/texas-news/...174951171.html
DALLAS -- The famous cowboy that welcomes visitors the State Fair of Texas is no more.
The big man burned down to his wire frame in a fire that broke out sometime around 10:40 a.m. Friday.
WFAA.com is reporting that only the cowboy's hands were left intact after the blaze.
This is the last weekend for the state fair.
Check back for updates to this developing story.
http://www.khou.com/news/texas-news/...174951171.html
Monday, October 15, 2012
A snip from Kunstler's weekly diatribe:
" I mention these old and arcane matters because the mood of humanity lately seems to be darkening again, and to some large degree for understandable reasons. Between the melting of the polar icecaps, the destruction of all edible life in the oceans, and the vulgar spectacle of the paved-over American landscape with its clown monuments mocking all civilized endeavor, and a long list of other insults to healthy life on earth, there's a lot to be depressed about. We stand to lose a proportional amount of human capital accumulated over the past five hundred years as the benighted people of post-Roman Europe lost, and it may take us a thousand years or more to recover - if we recover at all.
" I mention these old and arcane matters because the mood of humanity lately seems to be darkening again, and to some large degree for understandable reasons. Between the melting of the polar icecaps, the destruction of all edible life in the oceans, and the vulgar spectacle of the paved-over American landscape with its clown monuments mocking all civilized endeavor, and a long list of other insults to healthy life on earth, there's a lot to be depressed about. We stand to lose a proportional amount of human capital accumulated over the past five hundred years as the benighted people of post-Roman Europe lost, and it may take us a thousand years or more to recover - if we recover at all.
It's especially disturbing to see the infiltration of the latest version of Jesus mumbo-jumbo - Southern Republican Nascar Evangelical orthodoxy - take over the collective mind of the USA. The poverty of ideas this represents can't be overstated and the timidity of any opposition to it is a disgrace to our heritage. Maybe that's an argument for electing a Mormon president, since that peculiar branch of the church is so self-evidently childish and ridiculous that it will probably do more to defeat religious fanaticism than all the humanist dissertations ever written - or a thousand clones of Madonna Ciccone dancing in stadiums under laser beams in titanium brassieres."
more here:
Sunday, October 14, 2012
Wednesday, October 10, 2012
Monday, October 08, 2012
Empty Pageantry
By James Howard Kunstler
on October 8, 2012 8:06 AM
on October 8, 2012 8:06 AM
The press wet its small-clothes over Mitt Romney's ebullience in last Thursday's so-called debate, as these joint interview contests are styled these days. What a jaunty fellow Mitt came off as, compared to poor Mr. Obama, cloaked in presidential gloom, the wearisome woes of high office and all that - or perhaps just some indigestible tidbit served out of Air Force One's galley, an infected cocktail weenie, a shrimp with attitude, or an empanada with the E coli blues, who knows....
To be sure, Mr. Romney's ebullience had a crafted tang to it, like one of those pumpkin-flavored beers made for the season, especially since all that verve was employed in the service of ebullient lying, statistical confabulation, and self-contradiction. At times his sheer manic zest veered in the direction of what used to be called hebephrenia in the old clinical sense of someone euphorically out-of-touch with reality.
Alienation from reality being at the very core of the current zeitgeist, the American public can only admire somebody who displays such a buoyant disregard for what is actually happening in the universe. To me, Mr. Romney just gave off the odor of someone who will do anything to get elected while Mr. Obama evinced the dejection of someone doubting it was worth it.
Of course, the issues this time around are framed with the presumption that all the current rackets of political economy can be kept running - everything from Fannie Mae to Medicare to suburbia to the systematic looting of the future by the Federal Reserve's shell-game operations with every loser bond instrument lately fobbed off on hopelessly rigged markets - which is exactly the opposite of what reality has in store for us. In fact, the salient feature of these times is the remorseless running down of all these rackets to their entropic end points.
The sad part is that everyone from the leadership down to the lowly clientele of food stamps and gamed disability payments is locked into the vast array of rackets that constitute our national life, and the truth of their failure thresholds is too terrifying to entertain. What to many appears to be a "conspiracy of elites" is just our way of life. Evidence of this is the increasingly eerie way that the financial crimes of recent years somehow vanish into the ethers of history without any official notice from either the media or the police powers of society. In a very serious time, we are just not a serious people. Anything goes and nothing matters.
The central reality broadly ignored is the unavoidable contraction of industrial economies all over the world. The action is especially brutal in the USA, which actually gave up on the nuts-and-bolts of industrial production beginning in the 1970s, but managed to cream off other nation's exertions by reserve currency hocus-pocus, pervasive executive control fraud, and a reckless spewage of glitzy "consumer" service infrastructure over the landscape, which gave the appearance of vitality in the absence of value creation - the exact specialty, by the way, of predatory private equity squads like Mitt Romney's Bain Capital. All of this was enabled by the last gasps of cheap oil, and without it our whole way of life craps out, including the creaming off of leftovers. And this illness of advanced economies is now spreading all over the world.
You would think that the question of what we will do about all this might be at issue in the current election - how we might deliberately face the tasks of reorganizing farming, commerce, transportation, banking, schooling, and all the other practical matters of existence. There is an awful lot to talk about, and much to be done, but nobody is interested. Instead, we've mounted a foolish campaign to keep all the old rackets running, and there is no fundamental difference between Mr. Romney and Mr. Obama on that. The empty pageantry of these debates dresses this dangerous madness in the raiment of clowning.
All of this has consequences, of course, but in a society that has ditched all sense of consequence nobody can pay attention to that either. The poet W.H. Auden called his time "a low, dishonest decade." Bad as the 1930s were, the stakes are even higher now, and our clownish inattention conceals darker falsities that could make that terrible era seem quaint.
Monday, October 01, 2012
In Full Flight
By James Howard Kunstler
on September 30, 2012 7:15 PM
on September 30, 2012 7:15 PM
Flying at higher platitudes in the thin upper air of his own mind
last week, Republican candidate Mitt Romney remarked apropos of
airplane travel: "[T]he windows don't open. I don't know why they don't
do that. It's a real problem. So it's very dangerous."
It turned out that Mitt meant the remark as a gag. But it sheds some
light on the hazard of trying to be funny by saying the opposite of
what you mean, and also on the essential character of Mr. Romney who,
to put it as plainly and directly as possible, is the sort of person
commonly described as "an asshole." Hence, the thought that must be
flashing through many people's minds these days when Romney's
off-kilter, square-jawed, grinning visage floats over the nearest
flat-screen: Who would vote for that asshole...? Being given to
more baroque taxonomy, myself, I would be satisfied in calling Mr.
Romney an empty vessel in a vacant room in an abandoned property in a
forsaken land, and leave it at that.
It happens
that his opponent, Mr. Obama, is a genial fellow with whom almost
anyone might like to have a beer. Despite his winning smile, though,
the president has managed to cripple due process of law, make war on
the nation's own citizens, let Wall Street criminals run amok, and sell
out the electoral process to a corrupt corporate oligarchy. I wouldn't
vote for him again if he water-boarded me in a Jacuzzi full of
Schorschbräu's Schorschbock 57 beer ($275 a bottle). But he's welcome
to come over to my house and watch the baseball playoffs if he brings
his own six-pack and a bag of Cheetos.
And so it goes on
the backstretch of the emptiest election contest in memory. The nation
simply can't contend with the existential problems it faces and doesn't
want to hear about them. As far as I can tell, nobody is paying
attention to the campaigns, not even the reporters, certainly not the
bloggers, who have their eyes on the riots and other kinetic
unravelings related to the money crisis in Europe. Here, where anything
goes and nothing matters, everybody just goes through the motions of
electoral politics. It all has the odor of a ritual that nobody
remembers the original purpose of - namely, to govern, i.e. to manage
society's collective affairs. These days, nobody believes that our
affairs are manageable, and their perception is probably correct,
especially when it comes to paying for it all, since accounting fraud
is now the basis of all financial operations.
But I
don't mean to just deplore the situation. It is what it is, and we are
at a certain juncture of history because of the choices we have made,
and we'll have to see how the consequences roll out. Here's how I see
some of them.
The Romney election fiasco will destroy
the Republican Party, just as the Whig party fell apart in the last
days of Millard Fillmore. The religious nuts and Dixieland ignoranti
will demand the expulsion of all non-extremists and Karl Rove will be
left at the Nascar track with Honey Boo Boo on his lap and a dwindling
"base" of shrieking microcephalics awaiting the second coming of Adolf
Hitler in a green satin Mountain Dew race-day jumpsuit. Respectable
conservatives (they exist) will have to take their pleadings elsewhere,
the venue or party yet-to-be determined, perhaps off-shore somewhere
where the downtrodden sew blue jeans and counterfeit Louis Vuitton
handbags.
Meanwhile, genial Barack Obama glides to
victory and then presides over four more years of implacable
contraction that will make the Great Depression look like an episode of
Cake Boss. The contraction is upon us because peak oil is for
real and shale-gas / shale oil is what used to be known as "a bill
o'goods" which one is sold by underhanded means and, boy, was this
country sold. BP, Chevron, Exxon-Mobil and the gang carpet-bombed the
cable news networks all year with shale propaganda and now everybody
and his mother thinks we're going to run Walmart indefinitely on the
rectified rock-farts of North Dakota. The sharpies over at Spin Central
haven't figured out yet that true "energy independence" means living
without the oil you need to run your stuff.
In reality,
the roughly 300-year fiesta of an expanding fossil fuel energy supply
is over, and that model of an economy with it. We'll also soon discover
the hard way that technology is not a substitute for energy. No matter
how many apps you can cram into a little pocket-sized box you still
need juice to run it. In any case, the folks who elected Mr. Obama will
be furious when they learn the truth of our predicament. The Democratic
Party may not blow up quite like the Republicans, but it could become
the front organization for the imperial return of Bill and Hillary
Clinton. I've maintained for over decade that Bill Clinton will get
back into power despite the 22nd amendment because the nostalgia for
the 1990s will be so overwhelming and irresistible in a harsh age. The
only thing I wonder about is whether Bill or Hillary will succeed in
getting the other bumped off. Otherwise the regime could develop into
something like the brief joint Roman emperorship of Pupienus and
Balbinus (238 AD). Eventually, I expect bankruptcy, political
paralysis, and social disorder to become so extreme that a Pentagon
general will stride into the White House and put an end to the freak
show. A Navy Seal team spirits away Bill and Hillary to a dumpster in
the ruins of Opryland... and it's on to the new dark age.
Thursday, September 27, 2012
Don’t forget this weekend is Oktoberfest in McKinney, including a large
charity street labyrinth made of cleaning products titled “Walk a Mile”
to benefit The Samaritan Inn.
Please consider making a donation towards the labyrinth at Laura Moore Fine Art Studio…and by all means come out and have a good time!!…
Please consider making a donation towards the labyrinth at Laura Moore Fine Art Studio…and by all means come out and have a good time!!…
Tuesday, September 25, 2012
Monday, September 24, 2012
Duty
By James Howard Kunstler
on September 24, 2012 8:51 AM
on September 24, 2012 8:51 AM
I
drove the eight miles from Cambridge to Greenwich, New York, around
eight o'clock and the night was bell-jar clear. A scrim of deepest blue
sky backlit the landscape of tender hills and valleys while on the
ground I wended the twisting two-lane state highway 372 with my brights
amplifying the yellow road signs and the iridescent lines on the
pavement, alert for deer, who can kill you. The Talking Heads
spastically warbled one of their triumphant electronic anthems of
post-modernity over the radio. It happened that I had been playing
fiddle at a contra dance.
What a strange privilege it is
to live in these perilous times. I don't mean privilege in the sense of
the college humanities departments, with all their crybaby overtones of
grievance and resentment. I mean in the sense of having lived through a
thrilling turbo-powered climactic chapter of the human melodrama. Until a
few decades ago nobody ever swooshed through these ancient hills in a
motor car, on a magnificently engineered minor country highway, and in
perhaps less than a decade no one ever will again, and at the collective
level of a culture or a nation we have no sense of this whatsoever.
We have no sense of anything except the junk-cluttered moment,
including our junk politics and the junk ceremony of the present
election. When today is a long time ago we will wonder at the feckless
cravens that modernity made of us, in particular the absence of any
sense of duty to the project of being the only self-aware organisms (as
far as anyone knows) in the universe. In this country, anything goes and
nothing matters, and that's the simple sad truth of where we are right
now.
In all the monumental yammer of the media sages
surrounding the candidates they follow, and among the freighted legions
of meticulously trained economists who try so hard to fit their
equations and models over the spilled chicken guts of daily events,
there is no sense of the transience of things. Tom Friedman over at The New York Times
still thinks that the petroleum-saturated present he calls "the global
economy" is a permanent condition of human life, and so does virtually
every elected and appointed official in Washington, not to mention every
broadcaster in Manhattan.
We're not paying attention, of
course. Someone told all these clowns about fourteen months ago that we
will be able to keep running WalMart on shale oil and shale gas
virtually forever, and they swallowed the story whole, and then
force-fed it down the distracted public's throat. In reality - that
alternative universe to flat-screen America - all the mechanisms that
allow us to keep running this wondrous show teeter on a razor's age of
extreme fragility. We're one bomb-vest or HFT keystroke away from a
possible dark age, or at least a world made by hand. The true sense of
entitlement extends light-years beyond the peevish carpings of the
tea-bags-for-brains bunch.
The only issue in this
election contest between Pee Wee Herman and Captain Kangaroo is how to
do nothing to disturb the fantasy that we can keep living the way we do.
I am coming to detest Mr. Obama for the unforgivable feats of doing
absolutely nothing to oppose, resist, or remedy the Supreme Court's
Citizens United decision, and doing absolutely nothing to restore the
rule-of-law in banking. Mr. Romney, at this point, can only be pitied as
some kind of thought-experiment gone awry in an evil consumer product
testing lab on a planet of oafs. His fecklessness has no modern analog.
Next to Romney, Bob Dole looks Lincolnesque.
Which brings
me in a very roundabout way to my point: Lincoln emerged out of a
political age as mendacious as ours, after decades of gaming the issue
of slavery. Out of that morass of lying connected to immense human
suffering somebody had to bring the clarity of real moral duty to broad
consciousness and Lincoln was selected by the same hand of Providence
that would lodge a bullet in his brain-pan five years later -- so it is
not that hard to understand the awe of Providence that attended the
terrible convulsion of the 1860s and all its long-resounding
ramifications. It took most of the 20th century and then some for us to
un-learn that life is tragic.
In the history that doesn't
repeat but only rhymes, we're in the 1856 equivalent of the cycle now,
short of the moment when mere clowning turns to savagery. I can barely
stand to watch the antics, dogged by visions of where this is all
tending. We have achieved something that few cultures ever have before:
made ourselves unworthy even of our own low standards. There is no
center left to hold, only ragged edges around a core of darkness.
Thursday, September 20, 2012
Tuesday, September 18, 2012
Monday, September 17, 2012
What Does It Mean?
By James Howard Kunstler
on September 17, 2012 8:23 AM
on September 17, 2012 8:23 AM
In the
word-cloud of current events, the phrase "parasitic financial system"
billows up to a degree that suggests even so-called thinking persons
begin to understand what's happening: that banking shenanigans are
sucking the life out of advanced societies. That's why Matt Taibbi's
metaphor of Goldman Sachs as "a Vampire Squid jamming its blood funnel
into anything that smells like money" remains so potent years after it
was minted.
Of course the pervasive accounting fraud and
routine swindling that drive the banking "industry" are abetted by the
phantom government "policy" of the Federal Reserve, an institution that
99.999 percent of the American public could not explain under threat of
water-boarding. The bottom line is political and economic leadership
that can only pretend the economy works, and the destiny of such
pretense is the death of legitimacy - meaning the public's faith in the
system. Sooner or later either the public will revolt against such a
system, or the system will just implode and leave the public floundering
in a period of dreadful chaos.
Nobody capable of
thinking through these rather abstruse matters believes Fed Chairman Ben
Bernanke anymore, and his demeanor in public is of a depressed person
who has lost belief in himself and what he does. He announced last
week's policy salvo - the long-awaited QE-3 - with absolutely no
conviction. The Fed will spend $40 billion a month in money created out
of thin air to buy non-performing mortgages from banks eager to dump
them and interest rates on new mortgages will fall to record low levels.
This will supposedly "stimulate" the housing market.
Virtually nobody else out there in blog-and-pundit land will tell you
what this so-called "housing market" is, so I will. It basically refers
to suburban sprawl, which I have previously defined in two ways: 1) the
greatest misallocation of resources in the history of the world, and 2) a
living arrangement with no future. The first proposition is obviously a
function of the second. Interestingly, one of the first effects of Ben
Bernanke's QE3 salvo was the inflation of oil prices to nearly
$100-a-barrel, with a flow-through effect of gasoline above $4 at the
pump, which only shortens the horizon of the suburban sprawl paradigm.
Like the zombie banks choking on bad mortgages, sprawl is dead but
doesn't know it.
Unfortunately, the suburban sprawl
system was interchangeable with the wormy old political chestnut known
as the American Dream. Consider that the hysterical extremism ruling
Republican politics derives from terror over the death of that flimsy
dream - a home of our own, behind the strip mall! They can't believe
it's over, that it's lost its value, that they're stuck with the losses,
and they're looking for someone to blame for it. All the rest of their
blather is just the noise of dissociated anxiety - the religious idiocy,
the exceptionalism fairy tale, the family values touted by closet
cases, the military chauvinism.
Among the many tragic
ramifications of the dynamic is that the final blowout of
sprawl-building which ran roughly from the early 1990s to 2007 - and
peaked, you may notice, with the final blowout of cheap oil ($11 a
barrel in 1999) - became one of two intertwined activities that propped
up the US economy. The other was, of course, the expansion of the
financial "industry" to about 40 percent of all economic activity,
largely based on fraud in mortgage issuance and the repackaging of that
debt in booby-trapped bundles of MBS, CDOs, and other instruments that
have been destroying banks, governments, retirement funds, and
individual investment accounts like a long-running hemorrhagic fever.
The results of that orgy can be seen now an over-supply of suburban
buildings of all kinds (houses, strip malls, box stores) that will
continue to lose value, and a banking system disabled by ruined balance
sheets.
There's no remedy for this except acknowledging
losses on the grand scale, writing them off, making the necessary
lifestyle adjustments to the write-offs, and making a fresh start with
an economy based on something other than suburban sprawl building and
banking fraud. American politics can't accept this. Neither party
understands the contraction underway throughout the industrial world and
the very different future it portends.
Despite the
pervasive fraud and incessant central bank interventions, there are
routine operations of money that must go on for societies to remain
stable. Checks or transactions have to be cleared, payments must be
made, letters of credit must be issued to permit the exchange of goods
and commodities between nations, bonds must be rolled over, markets must
allow truthful asset price and interest rate discovery, currencies must
hold their value. The terrible stresses being applied by central banks
to avoid acknowledging systemic losses threaten to paralyze these
routine operations of money. Too many things can go wrong now.
The fault lines for the moment are crackling along the margins, in
foreign lands such as Egypt, Libya, Syria, Yemen. There is not a whole
lot keeping this infection from spreading into Saudi Arabia. The Saud
royal family leadership has passed from one king over eighty years old
to another. Nobody knows what will shake out between Israel and Iran.
One way or another, an awful lot of the world's oil supply is at stake
in that part of the world, and if that gets stoppered or blown up all
the central bank machinations ever dreamed up will not avail to save
Europe, North America, China, and Japan.
My guess is that
the euphoria over QE3 has already passed. The Fed actions of last week
will mean nothing except the steady erosion of dollar value, higher food
and fuel costs for all us muppets, and increased mistrust between
crippled banks, further crippling bank activity, including the routine
operations that make civilized life possible.
Therefore, uncivilized life is not out of the question.
http://kunstler.com/blog/2012/09/what-does-it-mean.html
http://kunstler.com/blog/2012/09/what-does-it-mean.html
Friday, September 14, 2012
The world is coming apart at the seams...things are not as they seem!
Sudanese demonstrators stand in front of the burning German embassy in Khartoum after Friday prayers September 14, 2012. Sudanese demonstrators broke into the U.S. and German embassy compounds in Khartoum and raised Islamic flags on Friday in state-backed protests against a film that insults the Prophet Mohammad, witnesses said. REUTERS/Mohamed Nureldin Abdallah
All this because of a movie? I don't think so!
Wednesday, September 12, 2012
Zeitgeist Failure
By James Howard Kunstler
on September 10, 2012 8:28 AM
on September 10, 2012 8:28 AM
In an age of
gross zeitgeist dysfunction -- when untruth, delusion, and deception
rule - politics is mere advertising, which is to say surface shimmer
playing on the public's wish-fulfillment fantasies. The trouble at this
moment in history is that the American public's wishful fantasies are
inconsistent with the circumstances that reality offers to us and the
choices for action that they present.
President Obama's
historical role will be seen as a wish-fulfillment totem for late 20th
century progressive liberalism - the first black president. The
Democratic Party apotheosized the genial young lawyer with his appealing
family in order to demonstrate the triumph of social justice, which was
their great struggle of the era. Evidence of that is the striking
divergence from the get-go between Mr. Obama's Hope and Change
advertising and his sedulous defense of pervasive racketeering at the
highest levels of polity once in office. Otherwise, you must decide
whether he was a tool of the giant banks, or a dupe-made-hostage to
them, or simply too clueless to understand what was required in 2009 -
namely the break-up and reorganization of the banks plus hearty
prosecution of their executives for massive swindling (along with
reinstatement of the Glass-Steagall Act). I voted for him in 2008, by
the way, since the wish-fulfillment motif moved me, and also because of
the horrifying McCain-Palin opposition.
In office, then,
Mr. Obama quickly proved to be a different breed of porpoise than the
voters bargained for. He let the Wall Street privateers run amuck
another four years, aided with colossal infusions of
conjured-out-of-nothing "money" from the Federal Reserve. He let loose
the demons of a high-tech totalitarian "security" state with every sort
of electronic surveillance, citizen data-mining, and drone spying that
innovation allowed. He stood silent like a Banana Republic store
mannequin after the supreme court decided that corporations could buy
elections (he could have pushed loudly for legislation or even a
constitutional amendment to redefine corporate "personhood"). And of
course, he continued to prosecute the absurd war in Afghanistan where,
after nine years, US forces are unable to accomplish the only aims of
being there: to control the terrain and to moderate the behavior of the
people who live there.
Hence, the appalling spectacle of
the Democratic convention last week, with its odor of ideological
bankruptcy, stale rhetoric, and empty promises. The party seeks only
validation of its cherished fantasy: the social justice of reelecting
the first black president. And all it really has to offer is
cheerleading to that end - with some social justice table-scraps tossed
to the lesser totems of social justice politics: women, assorted ethnic
minorities, and gays.
Meanwhile, the "advanced nations"
of industrial civilization all spiral into coordinated disintegration,
especially in the realm where economy meets finance. Economy is about
what we actually do to stay alive: make things, trade things, grow
things, run things. Finance is supposed to be about maintaining the
flows of accumulated wealth to support these things we do - with a
modest service charge for the financiers who do the work. But in the
great divorce of truth from reality in our time, finance is only about
pretending to maintain these "capital" flows. In fact, it has
degenerated into a set of looting operations, swindles, frauds, and
political dodges, and it is on the verge of blowing up.
There's a fair chance that global finance (and trade) will blow up this
season leading to the US elections. The nations of Europe are stuck in
an intractable predicament. The European Union can't control the fiscal
operations (taxing and spending) of its sovereign members, and it only
pretends to be able to lend them the money to cover the interest
payments on their previous loans. That shuck-and-jive is now headed for a
climax. But the situation is not materially different in the USA and
Japan. In one way or another, they are bankrupt, too, as are probably
most of their commercial banks. China's banks are certainly a fiasco,
since they are government-run, with no independent accounting oversight
whatsoever. China does have a big cushion of US Treasury holdings, huge
stockpiles of industrial metals and cement, and many new tons of
recently-acquired gold. But they are also hostage to the bankrupt West's
lost appetite for "consumer" goods, and tens of millions of laid-off
Chinese factory workers could foment political upheaval in a delicate
time of regime transition coming later this year.
The
antics of the ECB, the US Federal Reserve, and all the other central
banks in conjuring ever more money-out-of-nothing draws us toward that
event horizon where faith is lost in a faith-based money system. The
only question really is whether wealth destruction (deleveraging, debt
default) out-paces currency destruction (inflation). My own guess
continues to be that wealth destruction wins that contest, with massive
unpayable debt sucked into a black hole, and then all the advanced
industrial nations waking up one oddly warm morning to find their
standards of living destroyed.
As a political matter in
the face of all this, the big question is how we will reorganize daily
life - the activities of a whole culture - to comport with the reality
of a compressive contraction in economic reality. It also includes the
shape and content of the consensus we construct to explain to ourselves
what is happening. The obvious epic failure of the two major parties in
the USA to even begin this necessary work may propel this country into
an historic political convulsion to attend the financial implosion.
Imagine, for instance, if the failure of international banks leads to
the rapid paralysis of trade supply lines and then to empty shelves in
American supermarkets.
People complain about "the size
and burden of government," but our problems extend to the size and
burden of everything, beginning with the number of human beings now
vying to occupy the planet and moving to the size and scale of every
activity supporting them. Truthful political leadership would engage in
preparing the public for a long "to do" list of necessary tasks - from
the return to Main Street economies that will follow the inevitable
collapse of WalMart to the reorganization of food production when
agri-biz style farming fails from scarcities of cheap oil, phosphates,
and capital for revolving loans. Include also the rebuilding of
transportation networks not based on cars and airplanes and the painful
reconstruction of a monetary and banking system based on the rule of
law.
This is the true work of the future: the rebuilding
of these systems. All the blather about "jobs" from the presidential
convoys is based on looking backward to a way of life that is ending:
the age of giant everything, especially corporations. The days of
cubicle serfdom are numbered. Useful, gainful work in the decades ahead
will be much more about how you fit into your local community. The word
"job" may even become obsolete - a curious artifact of the industrial
past. Which party is preparing young people for local agriculture and
all the value-added activities around it? Which party understands that
the national chain-store model of trade is doomed and Main Streets all
over America will have to be re-activated? Which party understands that
we're in the twilight of mass motoring and commercial aviation? And what
are they doing to prepare for the implications of that?
The two doddering parties want to promise more of what we've already
got in a world that doesn't have anymore of that to give. The result is
likely to be that we will go through all the noisy motions of the 2012
elections only to find ourselves plunged into a political crisis
possibly worse than the Civil War.
Sidebar on How "Smart" We Think We Are
TV commercial seen during the Women's finals of the US Tennis Open:
Cadillac is bragging that they have replaced the old dashboard
knobs and toggles with a "smart" iPad-type control system. Has a car
company ever done something so fucking stupid? The whole point of knobs
and toggles is that you can keep your eyes on the road while adjusting
things by feel. An iPad you actually have to look at to
see what you're tapping on. Expect a colossal death toll from buyers of
the latest Cadillacs in the next couple of years. I suppose there's
poetic justice in the automobile age winding down on a note of such
supernatural idiocy.
Friday, September 07, 2012
Tuesday, September 04, 2012
Join Up!
By James Howard Kunstler
on September 3, 2012 8:55 AM
on September 3, 2012 8:55 AM
Meet the new third party in national politics: Reality.
Reality is the only party with an agenda consistent with what is
actually happening in the world. Reality doesn't need to drum up dollar
donations from anyone. Reality doesn't have to pander to any interest
group or subscribe to any inane belief system. Reality doesn't even need
your vote. Reality will be the winner of the 2012 election no matter
what the ballot returns appear to say about the bids of Barack Obama and
Mitt Romney to lead the executive branch of the government.
In the vicious vacuum that national party politics has become, the
Republicans and Democrats are already dead. They choked to death on the
toxic fumes of their own excreta. They are empty, hollow institutions
animated only by the parasites that feed on and squirm over the residue
of decomposing tissue within the dissolving membranes of their
legitimacy. Think of the fabled Koch brothers as botfly larvae and the
Securities Industry and Financial Markets Association PAC (SIFMA PAC) as
a mass of writhing maggots.
These are desperate days in
the republic. Between the two empty spectacles of the official party
nominating conventions, a terrible nausea rises in the collective gorge
of the swindled body politic. The putative contest of ideas is a
dumbshow in a hall of mirrors. None of it avails to reduce, mitigate, or
even acknowledge, the tensions that may tear this country apart, in
particular the web of fraud that shrouds all the operations of money and
banking - which is to say: the fate of everything the nation thinks it
has invested in itself and its future. In the USA of 2012, anything goes
and nothing matters. Reality has a different view of where this all
ends and how it will work out.
Compare and contrast the platforms of the Republicans and Democrats with the Reality Party:
The two major parties both propose that the colossal machine of
everyday life in America can not only run indefinitely, but continue
expanding, and include ever more member people who trade ever more
schwag. All that is required, they say, is twiddling the settings of the
machine, to get it back to running smoothly as it did in the good old
days before the mystifying crash of 2008. They disagree slightly on
which dials to twiddle. Reality knows we have entered along-term
compressive economic contraction; that there is no way we can persist in
the current living arrangement; and that the necessary outcome to avoid
immense human suffering can be described as the downscaling and
re-localizing of everything we do.
The two major parties
regard the rule of law as optional, especially in money matters. Neither
party has any will to interfere with a broad array of financial rackets
that range from the blatant manipulation of markets, interest rates,
and currencies to computerized front-running thievery, traffic in
booby-trapped derivatives and counterfeit shorts, pervasive accounting
fraud, channel stuffing, irregularities in central bank bullion leasing,
flagrant confiscation of private accounts, municipal bond-rigging
flimflams, "private equity" looting operations, offshore banking dodges,
and untold other scams, rip-offs, and cons that have crippled the basic
functions of finance, namely: price discovery, currency as a reliable
store of value, and the allocation of surplus wealth for productive
purpose. Reality knows that the absence of the rule of law is suicidal.
Reality is incapable of pretending that it doesn't matter. Reality
provides work-arounds for intractably dishonest political arrangements:
civil war and revolution. Both are invoked out of extreme desperation
and have unpredictable outcomes. Like Reality itself, they are what they
are.
The two major parties pretend that so-called
"entitlement" programs can be simultaneously reformed, improved, and
abolished - that is, you can have your cake and eat it (with ice cream)
at the same time you throw it in the garbage. Reality rejects this
incoherent juggling act and proposes that Americans better just make
other arrangements for old age, routine medical care, and daily bread.
This implies cultural as much as economic transformation and it will
occur emergently no matter what empty promises anyone makes. People who
want to get food at regular intervals will have to find some way to make
themselves useful to others. Medicine will return to the local clinic
model and doctors will have to find another motivation for practice
besides the acquisition of German automobiles. Old people will have to
prevail upon their offspring for care and protection, and they will be
expected to play a useful role in the household or community in return
if they are able-bodied.
The two major parties both
proclaim that the USA is verging on "energy independence." Both parties
are lying. Reality knows that the shale oil "game changer" is a mirage.
By 2014, the "sweet spots" of the Bakken will deplete faster than new
wells can be drilled, and the impairments of banking will constrict the
supply of capital investment for that hypothetical future drilling. All
the deregulation in the world will not alter the fact that future oil is
expensive, exists in places where it is hard to work, and entails
unappetizing geopolitical contingencies. Reality favors letting go of
automobile-based living and the adoption of walkable communities
connected by inland waterways and railroads.
The two
major parties believe that the foreign wars are good for business as
long as you can minimize the casualties on our side and keep war news
off the TV. Reality knows that war as currently practiced by the US
Military is a failure if 1.) you can't control the terrain in the
foreign theater of operations, and 2.) you can't control the behavior of
the foreign population. Notice that we can't do either of those things
in Afghanistan or the sundry other places where the US military might be
found today. The two major parties also favor the application of
war-time "security" operations on the US public inside our borders -
i.e. spying, data harvesting, monitoring of cell phone and bank
records., et cetera - contrary to what US law and the constitution says.
Reality believes that, if the rule of law remains optional, the time
will come when American government officials who authorized these
activities may be dragged from their command centers and hanged from
traffic signals by a citizenry pushed too far.
Mitt
Romney and Barack Obama would label Reality a "terrorist movement" if
they could and seek to blow it up with predator drones. But Reality is
harder to stamp out than truth, which can be shouted down, papered over,
fudged, outlawed, etch-a-sketched, exiled, and reviled. Reality is
everywhere. It lurks inside and outside the doors of the phony-baloney
convention vaudeville shows in its cloak of invisibility, ready to work
its hoodoo on the feckless, the fatuous, and the wicked. Reality is
America's last best hope. Join the Reality Party.
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