Sunday, June 2, 2024

"Perhaps Everything Terrible..."

“How should we be able to forget those ancient myths that are at the beginning of all peoples, the myths about dragons that at the last moment turn into princesses; perhaps all the dragons of our lives are princesses who are only waiting to see us once beautiful and brave. Perhaps everything terrible is in its deepest being something helpless that wants help from us. So you must not be frightened if a sadness rises up before you larger than any you have ever seen; if a restiveness, like light and cloud shadows, passes over your hands and over all you do. You must think that something is happening with you, that life has not forgotten you, that it holds you in its hand; it will not let you fall.”
- Rainer Maria Rilke

"What’s Coming Is Worse Than A Housing Market Crash"

Full screen recommended.
Economy Vision, 6/2/24
"What’s Coming Is Worse Than A Housing Market Crash"

"Imagine that you’ve just purchased a lovely $500,000 home - a basic three-bedroom, two-bathroom house at fair market value. The normal thing anyone would do is calculate the appreciation of that house in about 5, 10, 20 years. But right now, it's scary to talk about the future of a new property that may be worth less in a matter of months. This has become a concern, and even though it hasn't entirely stopped people from buying their dream property, it has caused a lot of fear.

A housing market collapse doesn’t happen overnight. It’s a slow and painful process. For instance, in 2008, the market's peak was in the first quarter of 2007, and it didn't hit rock bottom until the first quarter of 2009. So, you’re not just going to wake up one morning and find the value of your house has suddenly plummeted. It’s a slow, agonizing decline over a year or more."
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The Daily "Near You?"

Regina, Saskatchewan, Canada. Thanks for stopping by!

"All Alone..."

“We are all alone, born alone, die alone, and – in spite of True Romance magazines – we shall all someday look back on our lives and see that, in spite of our company, we were alone the whole way. I do not say lonely – at least, not all the time – but essentially, and finally, alone. This is what makes your self-respect so important, and I don’t see how you can respect yourself if you must look in the hearts and minds of others for your happiness.”
- Hunter S. Thompson,
“The Proud Highway: Saga of a Desperate Southern Gentleman”

“9 Short Quotes That Changed My Life and Why”

“9 Short Quotes That Changed My Life and Why”
by Ryan Holiday

“Like a lot of people, I try to collect words to live by. Most of these words come from reading, but also from conversations, from teachers, and from everyday life. As Seneca, the philosopher and playwright, so eloquently put it: “We should hunt out the helpful pieces of teaching and the spirited and noble-minded sayings which are capable of immediate practical application – not far-fetched or archaic expressions or extravagant metaphors and figures of speech – and learn them so well that words become works.”

In my commonplace book, I keep these little sayings under the heading “Life.” That is, things that help me live better, more meaningfully, and with happiness and honesty. Below are 9 sayings, what they mean, and how they changed my life. Perhaps they will strike you and be of service. Hopefully the words might become works for you too.
o
“If you see fraud and do not say fraud, you are a fraud.” 
- Nassim Taleb
This little epigram from Nassim Taleb has been a driving force in my life. It fuels my writing, but mostly it has fueled difficult personal decisions. A few years ago, I was in the middle of a difficult personal situation in which my financial incentives were not necessarily aligned with the right thing. Speaking out would cost me money. I actually emailed Nassim. I asked: “What does ‘saying’ entail? To the person? To the public? At what cost? And how do you know where/when ego might be the influencing factor in determining where you decide to go on that public/private spectrum?” His response was simple: If it harms the collective, you speak up until it no longer does. There’s another line in Shakespeare’s ‘Julius Caesar.‘ Caesar, having returned from the conquest of Gaul, is reminded to tread lightly when speaking to the senators. He replies, “Have I accomplished so much in battle, but now I’m afraid to tell some old men the truth?” That is what I think about with Nassim’s quote. What’s the point of working hard and being successful if it means biting your tongue (or declining to act) when you see something unfair or untoward? What do you care what everyone else thinks?
o
“It can have meaning if it changes you for the better.” 
- Viktor Frankl
Viktor Frankl, who was imprisoned and survived three separate Nazi concentration camps, lost his wife, his parents, job, his home and the manuscript that his entire life’s work had gone into. Yet, he emerged from this horrific nightmare convinced that life was not meaningless and that suffering was not without purpose. His work in psychology – now known as logotherapy – is reminiscent of the Stoics: We don’t control what happens to us, only how we respond. Nothing deprives us of this ability to respond, even if only in the slightest way, even if that response is only acceptance. In bad moments, I think of this line. It reminds me that I can change for the better because of it and find meaning in everything – even if my “suffering” pales in comparison to what others have gone through.
o
“Thou knowest this man’s fall; 
but thou knowest not his wrassling.”
 - James Baldwin
As James Baldwin reflected on the death of his father, a man who he loved and hated, he realized that he only saw the man’s outsides. Yes, he had his problems but hidden behind those external manifestations was his own unique internal struggle which no other person is ever able to fully comprehend. The same is true for everyone – your parents, your boss, the person behind you in line. We can see their flaws but not their struggles. If we can focus on this, we’ll have so much more patience and so much less anger and resentment. It reminds me of another line that means a lot to me from Pascal: “To understand is to forgive.” You don’t have to fully understand or know, but it does help to try.
o
“This is not your responsibility, but it is your problem.” 
- Cheryl Strayed
Though I came to Cheryl Strayed late, the impact has been significant. In the letter this quote came from, she was speaking to someone who had something unfair done to them. But you see, life is unfair. Just because you should not have to deal with something doesn’t change whether you in fact need to. It reminds me of something my parents told me when I was learning to drive: It doesn’t matter that you had the right of way if you end up dying in an accident. Deal with the situation at hand, even if you don’t want to, even if someone else should have to, because you’re the one that’s being affected by it. End of story. Her quote is the best articulation I’ve found of that fact.
o
“Dogs bark at what they cannot understand.”
- Heraclitus
People are going to criticize you. They are going to resist or resent what you try to do. You’re going to face obstacles and a lot of those obstacles will be other human beings. Heraclitus is explaining why. People don’t like change. They don’t like to be confused. It’s also a fact that doing new things means forcing change and confusion on other people. So, if you’re looking for an explanation for all the barking you’re hearing, there it is. Let it go, keep working, do your job. My other favorite line from Heraclitus is: “Character is fate.” Who you are and what you stand for will determine who you are and what you do. Surely character makes ignoring the barking a bit easier.
o
“Life is short – the fruit of this life is a 
good character and acts for the common good.” 
- Marcus Aurelius
Marcus wrote this line at some point during the Antonine Plague – a global pandemic spanning the entirety of his reign. He could have fled Rome. Most people of means did. No one would have faulted him if he did too. Instead, Marcus stayed and braved the deadliest plague of Rome’s 900-year history. And we know that he didn’t even consider choosing his safety and fleeing over his responsibility and staying. He wrote repeatedly about the Stoic concept of sympatheia - the idea that all things are mutually woven together, that we were made for each other, that we are all one. 

It’s one of the lesser-known Stoic concepts because it’s easier to only think and care about the people immediately around you. It’s tempting to get consumed by your own problems. It’s natural to assume you have more in common and the same interests as the people who look like you or live like you do. But that is an insidious lie – one responsible for monstrous inhumanity and needless pain. When other people suffer, we suffer. When the world suffers, we suffer. What’s bad for the hive is bad for the bee, Marcus said. When we take actions, we have to always think: What would happen if everyone did this? What are the costs of my decisions for other people? What risks am I externalizing? Is this really what a person with good character and a concern for others would do? You have to care about others. It’s sometimes the hardest thing to do, but it’s the only thing that counts. As Heraclitus (one of Marcus’ favorites) said, character is fate. It’s the fruit of this life.
o
“Happiness does not come from the seeking, 
it is never ours by right.” 
- Eleanor Roosevelt
Eleanor Roosevelt was a remarkable woman. Her father killed himself. Her mother was verbally abusive. Her husband repeatedly betrayed her – even up to the moment he died. Yet she slowly but steadily became one of the most influential and important people in the world. I think you could argue that happiness and meaning came from this journey too. Her line here is reminiscent of something explained by both Aristotle and Viktor Frankl – happiness is not pursued, it ensues. It is the result of principles and the fulfillment of our potential. It is also transitory – we get glimpses of it. We don’t have it forever and we must continually re-engage with it. Whatever quote you need to understand this truth, use it. Because it will get you through bad times and to very good ones.
o
“You could leave life right now.
 Let that determine what you do and say and think.” 
- Marcus Aurelius
If there is better advice than this, it has yet to be written. For many civilizations, the first time that their citizens realize just how vulnerable they are is when they find out they’ve been conquered, or are at the mercy of some cruel tyrant, or some uncontainable disease. It’s when somebody famous – like Tom Hanks or Marcus Aurelius – falls ill that they get serious. The result of this delayed awakening is a critical realization: We are mortal and fragile, and fate can inflict horrible things on our tiny, powerless bodies. There is no amount of fleeing or quarantining we can do to insulate ourselves from the reality of human existence: memento mori – thou art mortal. No one, no country, no planet is as safe or as special as we like to think we are. We are all at the mercy of enormous events outside our control. You can go at any moment, Marcus was constantly reminding himself with each of the events swirling around him. He made sure this fact shaped every choice and action and thought.
o
“Some lack the fickleness to live as
 they wish and just live as they have begun.” 
- Seneca
After beginning with Seneca, let’s end with him. Inertia is a powerful force. The status quo – even if self-created – is comforting. So people find themselves on certain paths in life and cannot conceive of changing them, even if such a change would result in more personal happiness. We think that fickleness is a negative trait, but if it pushes you to be better and find and explore new, better things, it certainly isn’t. I’ve always been a proponent of dropping out, of quitting paths that have gotten stale. Seneca’s quote has helped me with that and I actually have it framed next to my desk so that I might look at it each day. It’s a constant reminder: Why am I still doing this? Is it for the right reasons? Or is it just because it’s been that way for a while?

The power of these quotes is that they say a lot with a little. They help guide us through the complexity of life with their unswerving directness. They make us better, keep us centered, give us something to rest on – a kind of backstop to prevent backsliding. That’s what these 9 quotes have done for me in my life. Borrow them or dig into history or religion or philosophy to find some to add to your own commonplace book. And then turn those words… into works.”

"The World As I See It: Albert Einstein's Thoughts on the Meaning of Life”

"The World As I See It:
Albert Einstein's Thoughts on the Meaning of Life”
by Paul Ratner

“Albert Einstein was one of the world’s most brilliant thinkers, influencing scientific thought immeasurably. He was also not shy about sharing his wisdom about other topics, writing essays, articles, letters, giving interviews and speeches. His opinions on social and intellectual issues that do not come from the world of physics give an insight into the spiritual and moral vision of the scientist, offering much to take to heart.

The collection of essays and ideas “The World As I See It” gathers Einstein’s thoughts from before 1935, when he was as the preface says “at the height of his scientific powers but not yet known as the sage of the atomic age”.

In the book, Einstein comes back to the question of the purpose of life on several occasions. In one passage, he links it to a sense of religiosity. “What is the meaning of human life, or, for that matter, of the life of any creature? To know an answer to this question means to be religious. You ask: Does it many any sense, then, to pose this question? I answer: The man who regards his own life and that of his fellow creatures as meaningless is not merely unhappy but hardly fit for life,” wrote Einstein.

Was Einstein himself religious? Raised by secular Jewish parents, he had complex and evolving spiritual thoughts. He generally seemed to be open to the possibility of the scientific impulse and religious thoughts coexisting. "Science without religion is lame, religion without science is blind," said Einstein in his 1954 essay on science and religion.

Some (including the scientist himself) have called Einstein’s spiritual views as pantheism, largely influenced by the philosophy of Baruch Spinoza. Pantheists see God as existing but abstract, equating all of reality with divinity. They also reject a specific personal God or a god that is somehow endowed with human attributes.

Himself a famous atheist, Richard Dawkins calls Einstein's pantheism a “sexed-up atheism,” but other scholars point to the fact that Einstein did seem to believe in a supernatural intelligence that’s beyond the physical world. He referred to it in his writings as “a superior spirit,” “a superior mind” and a “spirit vastly superior to men”. Einstein was possibly a deist, although he was quite familiar with various religious teachings, including a strong knowledge of Jewish religious texts.

In another passage from 1934, Einstein talks about the value of a human being, reflecting a Buddhist-like approach: “The true value of a human being is determined primarily by the measure and the sense in which he has attained liberation from the self.”

This theme of liberating the self is also echoed by Einstein later in life, in a 1950 letter to console a grieving father Robert S. Marcus: “A human being is a part of the whole, called by us "Universe," a part limited in time and space. He experiences himself, his thoughts and feelings as something separate from the rest- a kind of optical delusion of his consciousness. The striving to free oneself from this delusion is the one issue of true religion. Not to nourish it but to try to overcome it is the way to reach the attainable measure of peace of mind.”

In case you are wondering whether Einstein saw value in material pursuits, here’s him talking about accumulating wealth in 1934, as part of the “The World As I See It”: “I am absolutely convinced that no wealth in the world can help humanity forward, even in the hands of the most devoted worker in this cause. The example of great and pure characters is the only thing that can lead us to noble thoughts and deeds. Money only appeals to selfishness and irresistibly invites abuse. Can anyone imagine Moses, Jesus or Gandhi armed with the money-bags of Carnegie?”
Freely download "The World As I See It", by Albert Einstein, here:

Bill Bonner, "On Cooperation and Win-Win"

"On Cooperation and Win-Win"
by Bill Bonner

“A physician cannot heal the sick if he is ignorant of the causes of certain conditions of the body, nor can a statesman help his fellow citizens if he cannot follow how, why or by what process each event had developed.” - Polybius

At one point in his short life, Jesus was invited to take control of government. Political power... the power to force win lose deals on others... was offered to Him.

"Luke 4:5–8: 5 And the Devil taking him up into a high mountain, showed unto him all the kingdoms of the world in a moment of time . . .
6 And the Devil said unto him, All this power will I give thee, and the glory of them: for that is delivered unto me; and to whomsoever I will give it.
7 If thou therefore wilt worship me, all shall be thine.
8 And Jesus answered and said unto him, Get thee behind me, Satan: for it is written, Thou shalt worship the Lord thy God, and him only shalt thou serve."

Who offers political power? The Devil himself! Not the voters. Not the aristocracy. Not God. Instead, the Devil says clearly that government is his to do with as he wishes. And if Jesus wants it, all He has to do is worship him who gave it to Him: Satan.

We’ve heard sermons of all sorts... in big cities... and in small country churches . . . high churches, low churches... Catholic, Baptist... and God-knows-what. Almost all the ministers, priests, and preachers we have heard from believe that God is good... and that He expects us to support good works, private and public. Often, they think they hear our political leaders speaking for God Himself. They think they hear Him telling us to back more government aid to unwed mothers, limits on carbon emissions, or more help for Native Americans. “We need to do this... or that...” they say, sounding a bit like an editorial in The Washington Post.

But there is no “we” in the Gospel. No appeal to special interests or to the common good...or to collective justice, shared virtue, patriotism, or social economy. No tribes. No sects. No flags. No creeds. No political parties. Neither Pharisee nor Sadducee. There is only the unique person... the individual, alone... with his God.

Only once, in a little country church in Normandy, France, did a priest take up this insight: “God doesn’t ask you to change the world,” he said. “He asks you to do something much more difficult - to change yourself.”

It is difficult because you are changing your own software...updating programming that has been in place for thousands of years. Of course, it is much easier to ask somebody else to change. Change his religion! Change his behavior! Change his government! Change the way he spends his money...the way he treats his wife... the way he drinks... the way he works! Make his women take off the hijab. Make his men say the Hail Mary.

But wait. What if he doesn’t want to change? He’ll bristle at higher taxes. He’ll whine and complain about new regulations. He’ll want to keep his old gods. He’ll resist your grand projects for a better world. Marching to Moscow in the winter isn’t in his plan. Nor is living in a godforsaken slum simply because the party bosses say so. What to do? What would Attila or Adolph do? Force him to On Cooperation and Win-Win 61 do what you want! You know what’s best for him. You know what’s best for the world. Force him to do it!

Jesus knew it wouldn’t work. He never suggested that the Roman rulers should take care of the poor. He never hinted that it was Pontius Pilate’s responsibility to look after the cripples of Judea or to fix the price of lamb on behalf of Jewish shepherds. In his Parable of the Good Samaritan, a traveler was beaten, stripped of his clothes, and left for dead beside the road. He wasn’t rescued by the army... or by the tax collectors... nor by the social welfare agencies of the time. Even the priest walked by. Instead, it was a Samaritan - a member of a group with whom Jews enjoyed a mutual contempt - who helped him.

This story was told by Jesus in response to a question. When told that one should “love thy neighbor,” a lawyer asked: “But who is my neighbor?” “Who’s ‘we’?” he might have asked.

Jesus explained that it had nothing to do with group affiliation or group responsibility... or the “common good”... or the good government can do with central planning and elite, expert guidance. It didn’t matter what race, creed, religion, or gender box you checked. “Loving thy neighbor” was a radical idea at the time, a major software update. It still is radical. It suggests, to many, that the whole edifice of Christian morality is built on love. Our own guess is that it stands on a more solid foundation - two sturdy pillars: fear and self-interest. But either way, the responsibility is squarely on the individual, not on the group.

This new religion did much more than announce a “moral code” or a “good idea.” It also described the transactions of a modern, growth economy and anticipated the codes of modern civilization. “Do unto others...” turned out to be a capitalist manifesto.

There are only two kinds of deals: cooperative, voluntary deals... or deals made at the point of a gun. In a fixed, non-growth economy, violence is almost the only way to get ahead. The idea was, you can only get more by taking market share from someone else. That was why murder and theft were so common in the ancient world; there were few alternatives available to the ambitious person.

Back then, the idea of the “common good” made sense. Tribal life was, perforce, collective. The “common” good was the good of the tribe. Ethnologist Richard Dawkins describes a human being as a “survival machine” for our genes. But it is more likely that the tribe was the survival machine. The individual was simply a detachable part. The tribe carried a group of genes. Individuals were expendable. The tribe was not.

The “common good” was not universal. That is why the Old Testament is focused on a tribe -the Jews - and its progress. The tribe could benefit, for example, by exterminating a rival tribe. It could benefit by pushing another tribe away from its prime hunting grounds, or by capturing its young women in a raid. Wealth was limited. Generally, it couldn’t be increased. It could only be moved from one tribe to another.

There was little opportunity for an individual to realize any “progress” of his own or pursue happiness in his own way. He could hunt. He could gather. He could fight. He could pass along his genes to a new generation. What he thought probably didn’t matter much. What he wanted probably never came up in conversation. It was probably very rare for tribe members to sit around the campfire and discuss their eating disorders, their political preferences, or their career aspirations. The individual didn’t count for much.

Modern, extended societies sometimes slip back into tribal thinking. “Ein Volk, ein Reich, ein Führer,” as Hitler famously put it. The idea was simple enough - he would treat the German people as though they were “we,” members of the same tribe with a “common good” that could be had by following their leader.

There was one Reich (government), but there were many different Volk (people) in Germany. But while the “we” of a prehistoric tribe was natural, authentic, and could benefit from the win-lose protocols of a zero-sum world, the “we” of Nazi Germany was fake. Needless to say, not all Germans shared the same enthusiasm for the success of the master race. Eventually, almost all of them - Jews, Gypsies, and Nazi Party members, too - came to detest it, as they suffered from trying to insist on win-lose deals in what had essentially become a win-win world."

"How It Really Is"

 

Dan, I Allegedly, "Criminals are Going to Get a Pass"

Full screen recommended.
Dan, I Allegedly, 6/2/24
"Criminals are Going to Get a Pass"
"Another city is about to outlaw crime. Criminals are about to get a pass. Boston wants to make crimes including shoplifting and disorderly conduct off-limits to prosecution. They also want to include certain categories of breaking and entering, wanton and malicious property destruction, larceny under $250, and trespassing as non-prosecutable crimes. This will Oakland 2."
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Gregory Mannarino, "Markets, A Look Ahead: Freefall, Another 'Grand Deception' Is Unfolding"

Gregory Mannarino, AM 6/2/24
"Markets, A Look Ahead:
 Freefall, Another 'Grand Deception' Is Unfolding"
Comments here:

Saturday, June 1, 2024

Jeremiah Babe, "Bank Meltdown, 85K Customers Locked Out Of Their Accounts"

Jeremiah Babe, 6/1/24
"Bank Meltdown, 85K Customers Locked Out Of Their Accounts;
 Surviving In The Worst Economy Ever"
Comments here:

Musical Interlude: Two Steps From Hell, "Evergreen"

Full screen recommended.
Two Steps From Hell, "Evergreen"

Close your eyes, let your imagination flow with the music...
What images do you see, what do you feel?

"A Look to the Heavens"

"The beautiful Trifid Nebula is a cosmic study in contrasts. Also known as M20, it lies about "5,000 light-years away toward the nebula rich constellation Sagittarius. A star forming region in the plane of our galaxy, the Trifid does illustrate three different types of astronomical nebulae; red emission nebulae dominated by light from hydrogen atoms, blue reflection nebulae produced by dust reflecting starlight, and dark nebulae where dense dust clouds appear in silhouette. But the red emission region roughly separated into three parts by obscuring dust lanes is what lends the Trifid its popular name. 
Pillars and jets sculpted by newborn stars, below and left of the emission nebula's center, appear in famous Hubble Space Telescope close-up images of the region. The Trifid Nebula is about 40 light-years across. Just too faint to be seen by the unaided eye, it almost covers the area of a full moon in planet Earth's sky."

"If You Don't..."

 

“Zachary”

“Zachary”
by Tim Knight

“A handwritten letter arrived in my mailbox last week from a reader. In it was a note from whom I would guess is an elderly gentleman, thanking me for my work both on Slope and on Tastytrade, but politely asking me to use the phrase "God damn it" less frequently, since he found it upsetting. The handwriting on the paper trembled like leaves in an autumn breeze, and it was obvious it took time and effort to send me this two-page missive. It meant something to him.

It never occurred to me that I ever used this phrase in a video, let alone often enough to cause concern. All the same, the letter, as with the many other letters I have received over the years, made an impression. For one thing, it made me wonder how angry I must be in order for this kind of sentiment to seep through, since I wasn't even aware I was saying it.

Which leads me to the topic at hand. Specifically, a man. A terribly deformed man whom I think about almost daily. For now, I'll call him Sup.

One summer evening, a few months ago, I was walking with my family down University Avenue, the central boulevard in our town, and the location of dozens of high-end retail stores that cater to the insatiable appetite of the affluent consumers in my fair city. "Sup?" came from the voice from below. (As is: "What's up?") I glanced around and didn't see the speaker. That is, until I looked lower. There, standing on the brick sidewalk on the corner of Bryant and University Avenues was a person unlike any I had ever seen before.

His head, torso, and arms were normal. There were two things obviously terribly wrong with 1117-suphim: first, his back was completely malformed, with a huge hump, and second, his legs - or what passed for legs - were just a few inches long. He appeared to be mixed race (the politically incorrect term, I think, is "mulatto") and he had a big afro.

"How you guys doin' this evening?", he asked. I stammered that we were pretty good, although I confess being a little surprised. That brief exchange ended the conversation, and my family and I continued on to Umami Burgers for dinner. In the receding distance, I heard this fellow chatting up other people as they passed, asking for a dollar from anyone who would listen.

From that day forward, I paid attention to that corner whenever I passed it in my car or walked by it during my downtown errands. Sup, as I called him, was on that corner more often than not. On occasion, I'd see a special wheelchair near him, which I suppose he could hoist himself onto and roll to wherever it was he lived (if such a place existed). But he was never in it. He was also on the sidewalk at knee level.

What struck me about Sup the most was his attitude. This guy was seriously and, dare I say, grotesquely deformed. When he moved from one place to another, he typically did so by pressing his hands against the ground and swinging his torso and tiny legs forward, much like an ape at the zoo. Although his short stature made him easy to miss, once people saw him, they couldn't help but take note. I can only imagine the range of reactions he's ever received.

But back to his attitude: this guy was relentlessly positive. And I don't mean grinning, giggling, and thumbs-up positive. I'm talking about a self-evident confidence, determination, and cachet. He gave salutations to everyone who passed; he casually smoked on a cigarette while chatting up people who would talk to him; and he made verbal passes at good-looking women as they strolled by (enjoying, incidentally, a supremely good view of their legs from his two-foot high vantage point). In spite of all this, most people tried their best to ignore him. They just felt too awkward (as if they were the ones who were entitled to feel uneasy).

Since I'm an unrelentingly self-referential twit, I pondered these observations in the context of my own behavior. Here was this guy who had every reason to feel sorry for himself. His tremendous physical deformities were going to dominate whatever impression he might possibly give to someone. He was begging on a street corner for dollar bills. He was being passed every day by countless numbers of people, many of them affluent, some of them stinking rich, while he begged for a little money to eat. And yet he was totally unfazed (in spite of, I wager, some cruel reactions or mean utterances offered by heartless strangers).

I, on the other hand, have a PhD in self-pity. I'm a white American male - by definition, a privileged class - who has a perfectly good body, good health, a zillion dollar house, and enough money to live the rest of my life without working another day. I've got a beautiful wife, magnificent children, and a good income that doesn't rob me of any personal freedom. And yet I am seized on a virtually daily basis with how miserable and rotten my life is, and how I don't deserve any of the bad things that have ever happened to me. I dare feel sorry for myself due to solvable personal problems or the fact the stupid stock market refuses to fall.

Sure, if I cornered you and shared a couple of drinks, I could probably conjure up enough tales-of-woe to get you to agree that, yeah, poor Tim is a pathetic sumbitch, and it's no wonder he's often tempted to jump in front of the next CalTrain that passes by. Indeed, most people on this planet would be able to surgically extract some sliver of their lives and make it seem sad. Hell, Elon Musk could surely give grisly tales from his multiple failed marriages, although I imagine it would be a Herculean feat for anyone to actually conjure up sympathy for the guy.

Sup, in sharp contrast to this morose malaise, was just plain cool. On more than one occasion, I'd see that he had managed to coax a couple of women - attractive young women - over to talk to him, and he was just smoking his cig, chatting them up, casual as could be. I don't know what he said to get their attention, but whatever it was, it worked. God knows the guy has chatted up more good-looking women than I ever have in my own life. That's me in the corner.

I've long been tempted to interview the guy, because there's so much I want to know about him. Where is he from? What's his background? What's his physical malady all about? What are the most interesting, kind, and nasty things people have said to him? What are some interesting stories from the many months he's been hanging out at this particular corner? What does he hope the future brings to him? How does he manage to stay so upbeat?

I haven't done the interview yet, and I'm not sure if I ever will. I mean, it takes a certain amount of gumption to start quizzing a guy up and down; he might react poorly to the whole thing. But I've got a suspicion he would be all too glad to tell his story. I'm more worried about my ability to do the interview than his interest in answering my questions.

However, I took one baby step in that direction a few days ago. I was walking by, and as usual, he tosses out - "Sup, man? Got a dollar for me?" I was on my way to my mailbox, so I replied, "In a minute." I suppose he gets this kind of brush-off all the time, but I was sincere. I was going to come back with a dollar in a minute, because there was something I wanted to buy with it.

"Yo, yo!" he said as I returned to the corner. I handed him a dollar and asked, "What's your name?" In my mind, the question was "What's your real name?", since I had known him as "Sup" all these months.

"Zachary."
"OK, have a good night." And I left.

So now at least I had a real name for this person. That was a more dignified, after all, since I had heretofore attached a goofy moniker to him. But I really need to interview this guy one of these days. In a way, I admire him, even though his disposition and attitude just make me loathe myself even worse than before. I mean, seriously, what right do I have? So be it. Zachary is one tough hombre. Respect.”

"What Is Hope?"

"What is hope? It is the pre-sentiment that imagination is more real and reality is less real than it looks. It is the hunch that the overwhelming brutality of facts that oppress and repress us is not the last word. It is the suspicion that reality is more complex than the realists want us to believe.

That the frontiers of the possible are not determined by the limits of the actual; and in a miraculous and unexplained way, life is opening creative events which will light the way to freedom and resurrection. But the two — suffering and hope — must live from each other. Suffering without hope produces resentment and despair. But hope without suffering creates illusions, naïveté and drunkenness.

So let us plant dates even though we who plant them will never eat them. We must live by the love of what we will never see. That is the secret discipline. It is the refusal to let our creative act be dissolved away by our need for immediate sense experience, and it is a struggled commitment to the future of our grandchildren. Such disciplined hope is what has given prophets, revolutionaries and saints the courage to die for the future they envisage. They make their own bodies the seed of their highest hope." 
- Rubin Alves

"Truth..."

"No one today likes truth: utility and self interest have long ago been substituted for truth. We live in a nightmare of falsehoods, and there are few who are sufficiently awake and aware to see things as they are. Our first duty is to clear away illusions and recover a sense of reality."
- Nikolai Alexandrovich Berdyaev

“If you want to tell people the truth, make them laugh, otherwise they'll kill you.” 
- Oscar Wilde

Dan, I Allegedly, "Bank Run Warning - Are Your Funds Safe?"

Full screen recommended.
Dan, I Allegedly, 6/1/24
"Bank Run Warning - Are Your Funds Safe?"
"Now we’re hearing more warnings from JP Morgan. Jamie Dimon recently issued a dire bank warning, and it has major implications for private banking and potential bank runs. In this video, we dive deep into the financial turmoil that’s hitting banks, private lenders like Ninepoint, and even major institutions like the Bank of Montreal. Things are getting very serious right now."
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The Daily "Near You?"

Wheat Ridge, Colorado, USA. Thanks for stopping by!

The Poet: Ernest Dowson, "Vitae Summa Brevis"

"Vitae Summa Brevis"

"They are not long, the weeping and the laughter,
Love and desire and hate:
I think they have no portion in us after
We pass the gate.
They are not long, the days of wine and roses;
Out of a misty dream
Our path emerges for a while, then closes
Within a dream."

- Ernest Dowson

 "Vitae summa brevis spem nos vetat incohare longam" 
is a quotation from Horace's "First Book of Odes": 
 "The shortness of life prevents us from entertaining far-off hopes."
Full screen recommended.
Deuter, "Black Velvet Flirt"

Free Download: R.D. Laing, “The Divided Self: An Existential Study in Sanity and Madness”

"The Divided Self: 
An Existential Study in Sanity and Madness"
by R.D. Laing

"Ronald David Laing (7 October 1927 – 23 August 1989), usually cited as R. D. Laing, was a Scottish psychiatrist who wrote extensively on mental illness – in particular, the experience of psychosis. Laing's views on the causes and treatment of serious mental dysfunction, greatly influenced by existential philosophy, ran counter to the psychiatric orthodoxy of the day by taking the expressed feelings of the individual patient or client as valid descriptions of lived experience rather than simply as symptoms of some separate or underlying disorder. Laing was associated with the anti-psychiatry movement, although he rejected the label. Politically, he was regarded as a thinker of the New Left..”

"First published in 1960, this watershed work aimed to make madness comprehensible, and in doing so revolutionized the way we perceive mental illness. Using case studies of patients he had worked with, psychiatrist R. D. Laing argued that psychosis is not a medical condition but an outcome of the 'divided self', or the tension between the two personas within us: one our authentic, private identity, and the other the false, 'sane' self that we present to the world.”
Freely download ,"The Divided Self: 
An Existential Study in Sanity and Madness"
by R.D. Laing, here:
"Insights Of R.D. Laing"
"Decades ago, psychiatrist R.D. Laing developed three rules by which he believed a pathological family (one suffering from abuse, alcoholism, etc.) can keep its pathology hidden from even its own family members. Adherence to these three rules allows perpetrators, victims, and observers to maintain the fantasy that they are all one big, happy family. The rules are: 
Rule A: Don't talk about the problems and abject conditions; 
Rule A1: Rule A does not exist; 
Rule A2: Do not discuss the existence or nonexistence of Rules A, A1, and/or A2."

“From the moment of birth, when the stone-age baby confronts the twentieth-century mother, the baby is subjected to these forces of violence, called love, as its mother and father have been, and their parents and their parents before them. These forces are mainly concerned with destroying most of its potentialities. This enterprise is on the whole successful.”

“Children do not give up their innate imagination, curiosity, dreaminess easily. You have to love them to get them to do that.”


“We are all murderers and prostitutes - no matter to what culture, society, class, nation one belongs, no matter how normal, moral, or mature, one takes oneself to be.”

“Insanity - a perfectly rational adjustment to an insane world.”

“We are bemused and crazed creatures, strangers to our true selves, to one another, and to the spiritual and material world - mad, even, from an ideal standpoint we can glimpse but not adopt.”

"Life is a sexually transmitted disease and the mortality rate is one hundred percent."

"Of All Tyrannies...

"Of all tyrannies, a tyranny sincerely exercised for the good of its victims may be the most oppressive. It would be better to live under robber barons than under omnipotent moral busybodies. The robber baron's cruelty may sometimes sleep, his cupidity may at some point be satiated; but those who torment us for our own good will torment us without end for they do so with the approval of their own conscience. They may be more likely to go to Heaven yet at the same time likelier to make a Hell of earth. This very kindness stings with intolerable insult. To be "cured" against one's will and cured of states which we may not regard as disease is to be put on a level of those who have not yet reached the age of reason or those who never will; to be classed with infants, imbeciles, and domestic animals." 
- C.S. Lewis

"How it Really Is"

 

"Deflation v Inflation v Stagflation – Misconceptions Clarified"

"Deflation v Inflation v Stagflation –
 Misconceptions Clarified"
by Martin Armstrong

"Some people have a very hard time understanding that we are in a massive deflationary spiral; they think that rising prices simply means it is inflation and not deflation. Then they mistake stagflation for deflation and wonder why people are spending more on less. They only see prices, not disposable income, and certainly not economic growth and unemployment.

Prices rose sharply following the OPEC oil price hikes of the 1970s, but the sharp rise in energy crowded out other forms of spending, resulting in rising prices that had nothing to do with a speculative economic expansion but a deflationary contraction they called STAGFLATION occurred with rising prices and declining economic growth.

This is like Biden saying vaguely that he will press corporations to raise wages and lower prices. Great plan, which, as always, means absolutely nothing and illustrates that he has nothing to offer. Biden revealed his position that government is never the problem. If you want to raise NET DISPOSABLE INCOME, lower taxes! Raising wages, as he argues corporations should do, will escalate people to higher tax brackets, and soon, all benefits will come into play with these socialistic programs. As always, nobody in government ever talks about reducing the size of government waste and corruption.
Click image for larger size.
Household income will soon be defined as everyone living in the same house – kids and all. Perhaps you will have to pitch a tent and make the kids sleep outside with the dog to avoid “household” income tax increases. Deflation is not the lowering of prices, it is the lowering of economic activity that can also include STAGFLATION, which occurs when prices rise but there is no economic growth.

Now, stagflation is not exactly the same as deflation, where the price of goods and services do decline. For example, prior to World War II, the US experienced a massive deflationary environment where GDP fell 30% between the crash of 1929 and 1933. A quarter of Americans were unemployed. Prices plummeted, and consumers were not spending because they had very little, if anything, to spend. Panics erupted, and people hoarded; the Second World War brought America out of that economic downfall.

During periods of stagflation, the prices of goods and services increase while buying power decreases. Consumers end up spending more on less. As we are seeing now, for example, retail sales on items such as clothing have declined, but people are spending more on gas and groceries. People feel as if they are earning less despite earning more because their buying power has been drastically reduced. Companies will suffer as consumers spend less, as we are seeing at restaurants, as one example, and this will lead to reductions in the workforce. Unemployment during the OPEC crisis of the 1970s was not nearly as drastic but unemployment did rise to 7.2% by 1980. Inflation went from around 1% in 1964 to 14% in 1980, and GDP growth went from 5.8% to -0.3% during that same period.

So be very careful. If you only look at prices rising and ignore the fact that your disposable income is declining, you will be in for a very rude awakening."

Adventures With Danno, "AM/PM 6/1/24"

Full screen recommended.
Adventures With Danno, AM 6/1/24
"Strange Prices At Aldi!"
"In today's vlog, we are at Aldi and are noticing some very strange prices. We are saving where we can on their Aldi Saver Deals, but even those are mostly just 10 - 20 cent savings."
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Adventures With Danno, PM 6/1/24
"Items That Are Skyrocketing In Price Here
 In Summer 2024! Prepare For The Worst!"
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"Wars And Rumors Of Wars"

Full screen recommended.
Col. Douglas Macgregor, 5/31/24
"Israel's Endgame; Russia Strategic Shifts"
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Full screen recommended.
Hindustan Times, 6/1/24
"Putin Aide Lashes Out At West, 
Issues Fresh Nuclear War Threat; ‘Not Mere Intimidation…’"
"Russian President Vladimir Putin’s aide, Dmitry Medvedev, issued a tough warning to NATO. Medvedev warned NATO against the "fatal mistake" of dismissing Kremlin nuclear capabilities. He warned that Moscow is not bluffing about using tactical nuclear weapons in Ukraine and that Western support to Ukraine may risk the escalation of war. This comes after the U.S. permitted Ukraine to use American weapons to strike inside Russian territories." 
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Full screen recommended.
Times Of India, 6/1/24
"Hamas Chief Haniyeh Calls For Mass Mobilization
 Against Israel, ‘Seize Al-Aqsa Flood…’"
Ismail Haniyeh, the head of Hamas, called for mobilization to unite Arabs against Israel, seizing the strategic opportunity presented by the recent events at Al-Aqsa. He made these remarks at the Arab National Security Conference in Beirut.  
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Full screen recommended.
Times Of India, 6/1/24
"How Three Hamas Battalions Chased
 Israeli Forces Out Of North Gaza"
"After Israeli withdrawal from Jabaliya Camp in northern Gaza, US-based defense think tanks say that Israeli forces faced some of the most ferocious combat seen in the war on Gaza to date as Palestinian fighters defended the refugee camp from Israel’s incursion, which began on May 11 and ended with their complete withdrawal on Friday. The civilian infrastructure in Jabalia was converted as part of a “fortified combat complex” by the Palestinian resistance, which allowed them to quickly maneuvre in safety through buildings without exposure to Israeli air or ground attack, according to the Institute for the Study of War (ISW) and the Critical Threats Project (CTP.)" 
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"Israel is Evil personified. Israel is Evil embodied."
- Scott Ritter