Jeremiah Babe, 9/24/23
"Going Out To Dinner Was Disturbing;
US Economy Going Into Shock; Beware Of Spirit Cooking"
Comments here:
So, we rise from the rubble...
Sunday, September 24, 2023
"Disney Is Collapsing Before Our Eyes And Will Disappear In The Months Ahead"
Full screen recommended.
Epic Economist 9/24/23
"Disney Is Collapsing Before Our Eyes
And Will Disappear In The Months Ahead"
"The Disney empire seems to be crumbling down amid a worsening management crisis. The entertainment giant just shared some of its third-quarter results, and the latest numbers suggest that the House of Mouse is in deep trouble. Unfortunately, not much is going right for Disney these days. Its three biggest businesses – streaming, studio, and parks – are all underperforming this year, which is causing the company billionaire losses. The simultaneous decline of the three pillars that support the company’s growth is making things extremely difficult in 2023. Previously, if one of these sectors was struggling, executives could rely on the other two to generate cash flow and maintain a stable balance sheet.
But this year, at large, the company has only seen failure. “From our point of view, Disney has problems across just about every one of its businesses,” KeyBanc Capital Markets analyst Brandon Nispel stressed during an interview with MarketWatch.
By now, the conglomerate has left the retail sector almost completely, after slowing sales and foot traffic made it too expensive for Disney to continue operating physical stores. When it announced mass closings several months ago, the news rocked the entire industry, and loyal customers lamented the shutdown of multiple iconic locations.
Meanwhile, its streaming platform Disney+ is facing an ugly downturn this year, losing more than 10 million subscribers since January. In August, Disney+’s subscriber count fell to 146 million subscribers, posting a 7.4% decline compared to the previous quarter – and far worse than Wall Street had predicted. Since 2020, the impact of COVID-19, saturated streaming competition, shifts in consumer preferences, content costs, and geopolitical challenges have all put strain on the media enterprise.
However, industry analysts argue that the worst crisis the company is currently facing is mismanagement. But conditions under Iger’s management aren’t improving as fast as shareholders had hoped. Disney is still scrambling to prop up its box office returns. Disney parks, which account for two-thirds of the company’s revenue are losing popularity due to some extreme price increases. The ballooning costs of tickets, hotel stays, food, drinks, and merchandise have placed a Disney vacation outside the price range of most families in America.
So far, the corporation has canceled some high-profile projects after running up an astronomical amount of debt during the pandemic — $54 billion by the middle of 2020. Now, the company is trying to cut $5.5 billion in costs, a move that already led to 7,000 job cuts.
By pricing out the middle class, the conglomerate is depending upon a smaller number of guests who are willing to pay more for exclusivity. But that alone can not support a multibillion-dollar company over the long term, and it seems that management is forgetting about this or, at least, taking their chances to see how much money they can squeeze from wealthy Americans before the business fatally collapses."
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"It Was Ironic..."
"It was the essence of life to disbelieve in death for one's self, to act as if life would continue forever. And life had to act also as if little issues were big ones. To take a realistic attitude toward life and death meant that one lapsed into unreality. Into insanity. It was ironic that the only way to keep one's sanity was to ignore that one was in an insane world or to act as if the world were sane."
- Philip José Farmer
"Standing Up When It’s Too Late"
"Standing Up When It’s Too Late"
By JR Nyquist
"This article is a comparison between America and another great empire faced with rot in high office and a decline of the state - Rome. The writer, JR Nyquist, artfully points out it’s not the big events that sink an empire but many seemingly little ones. You could call what is happening to the U.S. “death by a thousand cuts.” Except in this story, people are not really aware how deep the cuts are and exactly who is doing the cutting. I loved this piece, and I hope you do as well." - Greg Hunter
○
"There is a letter by Marcus Tullius Cicero, dated 18 December 50 B.C. This letter was written to his friend Atticus on the eve of the Roman Civil War. He wrote as follows: “The political situation alarms me deeply, and so far I have found scarcely anybody who is not for giving Caesar what he demands rather than fighting it out.” To explain the situation in brief, G. Julius Caesar had demanded the right to circumvent the Roman constitution, to break laws with impunity, to extend his command over a large army by using that army to threaten the Senate of Rome. “And why should we start standing up to him now?” asked Cicero. The next day he wrote to Atticus: “We should have stood up to him [Caesar] when he was weak, and that would have been easy. Now we have to deal with eleven legions…” Though he hated the idea of civil war, the only course, said Cicero, was to follow “the honest men or whoever may be called such, even if they plunge.”
And who were these “honest men”? “I don’t know of any,” wrote Cicero in the same letter. “There are honest individuals, but there are no honest groups.” Then he asked rhetorically if the Senate was honest, or the tax farmers, or the capitalists. None were frightened of living under an autocracy, he lamented. The capitalists, especially, “never have objected to that, so long as they were left in peace.” But civil war occurred nonetheless, because people are not free to be dishonest forever. They must admit to certain responsibilities, and oppose the advance of evil. The previous inclination to look away, to do nothing, to shrug off responsibility, proves in the end to be no more than a delaying tactic. They attempted to put off calamity, Cicero suggested, and made it all the more calamitous. That is all.
Why did the Roman Senate suddenly stand up to Caesar? What triggered their resistance? As with all free people, they began with policies of procrastination and appeasement. They hoped that the problem (i.e., Caesar) would go away. In the end, however, they discovered their mistake. Everyone still hoped for peace, though none believed it was possible. Everyone wanted to avoid war, but nobody saw a way out. Pompey stood before the Senate and gave voice to what everyone thought. “If we give Caesar the consulship, it will mean the subversion of the constitution.” In other words, it would mean the end of Rome, the end of the republic, the destruction of their country.
In a fitting preface to John Dickinson’s "Death of a Republic," George L. Haskins wrote, “that the history of Rome is the history of the world, that, as all roads lead to Rome, so all history ends or begins with Rome.” Why do free people fall into complacency? Why are threats ignored until the eleventh hour?
“Surely,” wrote Cicero at the end of Caesar’s dictatorship, “our present sufferings are all too well deserved. For had we not allowed outrages to go unpunished on all sides, it would never have been possible for a single individual to seize tyrannical power.” Caesar’s cause was not right, but evil, Cicero explained. “Mere confiscations of the property of individual citizens were far from enough to satisfy him. Whole provinces and countries succumbed to his onslaught, in one comprehensive universal catastrophe…” As for the city of Rome, Cicero lamented, “nothing is lef t- only the lifeless walls of houses. And even they look afraid that some further terrifying attack may be imminent. The real Rome is gone forever.”
Republics are slow to defend themselves against enemies that advance, like Caesar, under camouflage. But make no mistake, republics always defend. Groups and categories of men may not be honest or brave, but when they are finally confronted with the truth - as individuals - they see no other course. They stand up and fight. We should not be surprised, therefore, that Caesar was struck down in the Senate and killed by thrusting daggers.
It is all too true, of course. “We should have stood up to him when he was weak,” Cicero lamented. The problem with republican government is its tardiness; or rather, tardiness in the face of danger. As Machiavelli wrote, "The institutions normally used by republics are slow in functioning. No assembly or magistrate can do everything alone. In many cases, they have to consult with one another, and to reconcile their diverse views takes time. Where there is a question of remedying a situation that will not brook delay, such a procedure is dangerous."
Machiavelli concluded, therefore, “that republics in imminent danger, having no recourse to dictatorship, will always be ruined when some grave misfortune befalls them.” This is the weakness of republican government. Here is the ground on which it dies. An obvious threat, like 9/11 or Pearl Harbor is not the greatest danger. It is the subtle, camouflaged threat, that creeps up from behind. It is this camouflage that gives reluctant men a way out. “We need not fight. We need not make a fuss. There is nothing to fear.”
When this is the prevailing view, people who understand a given threat may ask: “What is to be done?” As long as we are isolated individuals, there is nothing to do. The individual may be honest with himself, but groups are not honest. What prevails overall is an optimistic dismissal. “The threat isn’t real.” This is how Hitler got so far. This is how Communism took over so many countries, and continues today under camouflage. There is nothing the individual can do that will sway the crowd. And as we are a republic, our political system operates according to the psychology of a crowd. The majority are caught up in the fads and media trends of the moment. Cynical and empty publicity characterizes much of our public discourse. But one day the country will awaken. Then, and only then, Americans will stop going along as if nothing serious hangs over them. Will it be too late? Perhaps it will be too late to save the republic. But it will not be too late to save the country."
"The Passing of American Exceptionalism: How We Became Like All the Other Nations"
"The Passing of American Exceptionalism:
How We Became Like All the Other Nations"
by Paul Rosenberg
"Once upon a time there really was an American exceptionalism and America was a light unto the world. That exceptionalism was a long way from perfect (looking for perfection in a mass of humans is silly), but it was legitimate.
Alas, that was long ago. People who say that American exceptionalism still exists may not have bad intentions, but they don’t understand what it was. Others, with less noble intentions, promote the idea to whip up support. Telling people to praise themselves is always a big seller.
Exceptional Means “Not Like the Others”: A Bible passage that has always stuck in my mind is I Samuel, Chapter 8. In it, the Israelites, then living in a tribal anarchy, go to Samuel the prophet and tell him to appoint a king for them. Samuel warns them profusely not to ask this (“Your king will take your children away, take your crops, you’ll cry out for relief,” and so on), but they wouldn’t listen. “No!” they said, “We will have a king over us and be like the other nations.” In other words, they threw away their exceptionalism and became like everyone else.
This is what happened to the United States - it became just like Britain and France and Germany. It became like all the nations ‘round about. And that’s the precise opposite of “exceptional.”
Thinking about this directly and not through the rose-colored lenses of flattering political talk, we see this:The Dutch and the Brits created central banking, and the US followed right along.The Germans created social welfare, and the US followed right along.They tax income; we tax income.They regulate private commerce; we regulate private commerce.They built massive armies and conducted foreign wars; the US did the same and now exceeds them all.
We could, of course, extend this list for many pages. Any difference between the US and the rest of the “developed nations” is now minimal.
Americans like to claim people like Patrick Henry and Sam Adams as their great founders, but what those men believed no longer matters in American life… nor does the founding philosophy of John Locke. The US is now like the nations ‘round about - and that, by definition, means that it is not exceptional.
It Was Exceptional at the Beginning: As I say, once upon a time, America was exceptional. It was wildly different from the other nations. The uppity American commoners claimed that their rights were above kings and parliaments. The other nations said that they were spitting on both tradition and order, and that they were crazy.
Here’s how Thomas Jefferson saw the fruits of his revolution: "All eyes are opened, or opening, to the rights of man. The general spread of the light of science has already laid open to every view the palpable truth, that the mass of mankind has not been born with saddles on their backs, nor a favored few booted and spurred, ready to ride them…"
In Jefferson’s time, Americans faced no direct taxation (income tax, sales tax, etc.) and no armies of bureaucrats. That changed a long time ago, however, and Americans are now saddled just like everyone else… and saddled far worse than they would have been under the old English system.
George Washington said this in his farewell address: "Nothing is more essential than that permanent, inveterate antipathies against particular nations, and passionate attachments for others, should be excluded …
The great rule of conduct for us in regard to foreign nations is in extending our commercial relations, to have with them as little political connection as possible. Nowadays, we have almost nothing but the above. In fact, entangling alliances are looked to as the essential guarantor of safety. So we have exactly the opposite of exceptionalism, and precisely the opposite of what George Washington wanted.
What Washington and the others believed was that the United States would be different - that it would be a haven for actual freedom in the world. Here’s Washington again: "I had always hoped that this land might become a safe and agreeable Asylum to the virtuous and persecuted part of mankind, to whatever nation they might belong."
And here’s Sam Adams, writing in 1770: "This little part of the world - a land, until recently happy in its obscurity - the asylum, to which patriots were accustomed to make their peaceful retreat.
These men were creating something separate, something apart, something radically different from the usual machinery of government.
How It Happened: American exceptionalism failed steadily. Some of the key moments were these:
1790: Alexander Hamilton’s bank and his ripoff of the revolutionary war soldiers. Hamilton trashed the monetary system prescribed in the Constitution (silver and gold coin) and replaced it with a massively manipulable bank. He sold this plan by corrupting a great number of congressmen, enriching them through a massive ripoff of Revolutionary War soldiers. It was a large, dirty affair.
1798: The Alien and Sedition Acts. In the name of national security, the Federalists, under Hamilton’s influence, gave the president power to deport anyone he wished (after he first branded them as “dangerous”) and restricted any speech that criticized the government.
Because of these laws and other political manipulations, the election of 1800 - in which Thomas Jefferson was elected - was called a “second American revolution.” (One of Jefferson’s first acts as president was to pardon people in jail from the Sedition Act.) To illustrate the depth of this change, here’s what Alexander Hamilton said during the election: "If Mr. Pinckney [Jefferson’s opponent] is not elected, a revolution will be the consequence, and within four years I will lose my head or be the leader of a triumphant army."
1850-1865: I’m not going to go through details on the Civil War, but it’s crucial to understand that all three branches of the national government supported slavery until the end of the war. Furthermore, slavery ended peacefully for England, France, and the rest of the West. Only in the US was there a dreadful war.
1913: The life the old republic was squeezed out in 1913. The ban on direct taxation was removed, the power of the states to control Washington, DC was handed to political parties, and the dollar was handed to a banking cartel.
Bringing Democracy to the World? It’s very odd to hear people try to tie American exceptionalism to “bringing democracy to the world,” since that was no part of the American difference at all. The American founders were crystal clear that they were building a republic, not a democracy. Here’s John Adams on the subject: "Democracy never lasts long. It soon wastes, exhausts, and murders itself. There never was a democracy yet that did not commit suicide."
Once, but Not Now: The original American exceptionalism was about individual self-determination. It was clearly not about cradle-to-grave control, administered by two interlocked cabals in the capital city.
Once, America was truly different: People lived as they wished and barely saw the government. They had rights that government couldn’t touch, not just in propaganda, but in real life. Now, America is the same as all the other nations and government is God. Personal sovereignty has been outlawed.
There are still a few currents from the early days running through American hearts, and I pray that they continue. But to pretend that American exceptionalism exists on any level beyond that is mere propaganda… catchy lies that encourage us to praise ourselves."
"A Time Capsule From The 1930s: What's Different Now"
"A Time Capsule From The 1930s:
What's Different Now"
"If we compare health and endurance, well-being, security, general attitudes, family
and community ties and values, we would conclude that it is we who are impoverished."
by Charles Hugh Smith
"We're taking care of my 92-year old mother-in-law here at home. She has the usual aches and pains and infirmities of advanced age but her mind and memory are still sharp. Her memories of her childhood are like a time capsule from the 1930s.
My mom-in-law has always lived in the same general community here in Hawaii. She's never lived more than about 10 miles from the house where she was born (long since torn down) in 1931. Listening to her memories (and asking for more details) is to be transported back to the 1930s, an era of widespread poverty unrelated to the Great Depression. Many people were poor before the Depression. They were working hard but their incomes were low.
Prior to the tourist boom initiated by statehood and affordable airfare, Hawaii's economy was classically colonial: large plantations owned by a handful of wealthy families and/or corporations (known as The Big Five) employed thousands of laborers to raise and harvest sugar cane and pineapple. Pearl Harbor, Hickam air base and Schofield Barracks were large military bases on Oahu. Travel between islands was expensive (ferries) and each island was largely self-sufficient. Even taking a bus for the 12-mile ride to the island's sole city was a rare luxury, an excursion that occurred a few times a year.
Plantation workers were not yet unionized in the 1930s, and wages were around $20 a month for backbreaking field labor - work performed by both men and women. Typical of first and second-generation immigrant communities of the time, families were generally large. Six or seven children was common and nine or ten children per family was not uncommon. Many families lived in modest plantation-provided camps of two bedroom houses.
Gardens were not a hobby, they were an essential source of food to feed a table of hungry kids and adults. Candy, snacks, sodas, etc. were treats rserved for special occasions and holidays. Kids usually went barefoot because shoes were outside the household's limited budget.
Staples were bought at the company store (or one of the few privately owned groceries) on credit and paid off when the plantation paid wages.
Credit issued by banks was unknown. Neighborhoods (kumiai) might pool a few dollars from each family every year and offer the sum to the highest secret bidder or by lottery. Those households that scraped up enough to open a small business often worked 12 hours a day, 7 days a week (or equivalent: 14 hours 6 days a week).
Since no one could even dream of owning a car, transport was limited. Children and adults walked or biked miles to school or work. Many sole proprietors made a living delivering vegetables, meat and fish around the neighborhoods. (This distribution system is still present in rural France where my brother and sister-in-law lived for many years). Each vendor would arrive on a set day / time and housewives could gather to buy from the proprietor's jitney or truck. Children could eye the few candies longingly, and if they were lucky, a few pennies would be given to them to buy a candy.
Nostalgia is a powerful force, but I don't think we can dismiss the general happiness of my Mom-in-law's childhood as airbrushed impoverishment. The poverty seems obvious to us now, but at the time it was normal life. Everyone was in the same general socio-economic class. The plantation manager lived in a mansion with servants, but those with wealth were few and far between. In other words, wealth and income inequality was extreme but the class structure was flat: the 99% had very similar incomes and opportunities - both were limited.
Employment was stable, community ties and values were strong without anyone even noticing, and everyone had enough to eat (though not as much as they might have wanted, of course).
This secure plantation structure of work and community was still firmly in place in 1969-1970 when I lived on the pineapple plantation of Lanai (and picked pineapple with my high school classmates in the summer), and so I was fortunate to experience it first-hand. My Lanai classmates speak fondly and with a sense of loss when they recall their youth. Life was secure and protected, and with unionization of the workforce, the wages sufficient enough for frugal households to save enough to send their children to college off-island.
I can personally attest that fond memories of 1970s plantation life are not distorted by nostalgia. These memories are accurate recollections of a far more secure, safe and nourishing place and time.
Compared to today, the typical 1930s diet was locally grown/raised and therefore rich in micro-nutrients. Grains such as rice and flour came from afar, but other than canned fish and similar goods, food was local and fresh. Little if any was wasted. People typically worked physically demanding jobs that burned a lot of calories.
There are many people 90+ years of age in our neighborhood. My Mom-in-law's brother - like many of the men in this age bracket, he was a World War II veteran of the famed 442nd unit -died last year at 96, despite smoking a half-pack of cigarettes daily until the end. A neighbor/friend just passed away at 99 (he was also a 442nd veteran). Our neighbor (cared for by her daughter and son-in-law, just like us) just turned 100. These people are generally healthy and active until the end of their lives.
If we look for causal factors in their advanced age and generally good health, we cannot ignore the high-quality, near-zero-processed foods diets of their youth and their strong foundations in community ties and values.
If we compare the financial and material wealth most enjoy today with the limited income and assets of the pre-war era, we would conclude they lived in extreme poverty and their lives must have been wretched as a consequence.
But if we compare health and endurance, well-being, security, general attitudes, family and community ties and values, we would conclude that it is we who are impoverished and it was their lives that were rich in these essentials of human life.
The world has changed since the 1930s, of course. Materially, our wealth and options of what to do with our lives are off the charts compared to the 1930s. But if we look at health, security, well-being, community ties, social cohesion and civic virtue, our era seems insecure, disordered and deranging.
The irony is that those who have grown weary of our divisive, rage-inducing socio-economic system yearn for all that's been lost in the rise to material wealth and opportunities to spend that wealth. Those who grasp the emptiness of spectacle and material wealth and who have the means to do so are seeking the few enclaves that still have a few shreds of community and social cohesion left.
These enclaves then get listed on "best small towns in America" or "best places in the world to retire" and the resulting influx of wealthy outsiders destroys the last remaining shreds of what everyone came for.
I recently harvested some of our homegrown green tomatoes, and my Mom-in-law gave me a handwritten recipe for Fried Green Tomatoes from her collection. The first ingredient was "two tablespoons of bacon drippings." Um, okay, if we were all working 10-hour days hauling 80-pound loads of sugar cane on our backs, no problem, but we're a household of three seniors, 69, 70 and 92. I think we'll substitute two teaspoons of olive oil for the bacon drippings..."
o
Full screen recommended.
"1930s USA - Fascinating Street Scenes of Vintage America"
"Step back in time with us as we unveil a mesmerizing journey through 1930s America like you've never seen before! While the Dustbowl was heating up in the southwest, the country as a whole was fighting through the Great Depression. All the while, Americans were living their day-to-day lives, and getting on as best as they could.
In this captivating video, we've meticulously colorized a collection of stunning photographs that capture the essence of a tumultuous yet resilient period in American history. From bustling cityscapes to serene countryside vistas, witness the contrast between hardship and hope that defined an entire generation. Discover the intricate details of everyday life as we explore the highways and byways of the past, complete with corner gas stations, storefronts, and bustling city streets. Journey through snapshots of the stunning architecture that emerged during this era, from Art Deco skyscrapers to quaint suburban homes. Each frame is a window into a world where innovation and creativity thrived despite adversity.
Join us on this mesmerizing visual journey, as we honor the legacy of the past and celebrate the indomitable spirit of the American people. Don't miss out on this unique opportunity to experience the 1930s in an entirely new light. Whether you are a history enthusiast, a lover of vintage aesthetics, or simply curious about the past, this video offers an immersive visual experience that will evoke a sense of nostalgia and leave you with a renewed appreciation for the beauty of the human experience."
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Dan, I Allegedly, "This is the Unwinding of It All"
Full screen recommended.
Dan, I Allegedly 9/24/23
"This is the Unwinding of It All"
"From the homeless encampments to the retail crime, it’s all getting worse. There are more stories about phishing and ransom attacks This is the unwinding of it all."
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"Stocking Up On These Items At Kroger Before They're Gone!"
Full screen recommended.
Adventures With Danno, 9/24/23
"Stocking Up On These Items At Kroger Before They're Gone!"
"In today's vlog, we are at Kroger and are stocking up on some of these sale items before they are gone. Kroger is having a .99 cents sale on many items this week, and we are taking advantage of this rare occasion!"
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Saturday, September 23, 2023
"A Look to the Heavens"
“What makes this spiral galaxy so long? Measuring over 700,000 light years across from top to bottom, NGC 6872, also known as the Condor galaxy, is one of the most elongated barred spiral galaxies known.
The galaxy's protracted shape likely results from its continuing collision with the smaller galaxy IC 4970, visible just above center. Of particular interest is NGC 6872's spiral arm on the upper left, as pictured here, which exhibits an unusually high amount of blue star forming regions. The light we see today left these colliding giants before the days of the dinosaurs, about 300 million years ago. NGC 6872 is visible with a small telescope toward the constellation of the Peacock (Pavo).”
Chet Raymo, “The Journey”
“The Journey”
by Chet Raymo
“Here’s a deep-deep sky map of the universe from the March 9, 2006 issue of "Nature". The horizontal scale is a 360 view right around the sky; the vertical gaps at 6 hours and 24 hours are the parts of the universe that are blocked to our view by the disk of our own Milky Way Galaxy. The vertical scale – distance from Earth – is logarithmic (10, 100, 1000, etc.) measured in megaparsecs (a parsec equals 3.26 light-years). Across the top is the Big Bang, and the oldest and most distant thing we can see, the cosmic microwave background, the radiation of the Big Bang itself. A few relatively nearby galaxies are designated at the bottom. All that stuff in the middle that looks like smoke or dusty cobwebs are quasars and galaxies from the Sloan Digital Sky Survey.
A smoke of galaxies! (2 trillion galaxies according to latest estimates.- CP) A universe cobwebbed with Milky Ways! Each galaxy itself a smoke of stars, hundreds of billions of stars, many or all of them with planets. My book, “Walking Zero,” is about the human journey from the omphalos of our birth into the world of the galaxies, a journey many of us are disinclined to make. Here is how the Prologue to the book begins:
“Each of us is born at the center of the world. For nine months our physical selves are assembled molecule by molecule, cell by cell, in the dark covert of our mother’s womb. A single fertilized egg cell splits into two. Then four. Eight. Sixteen. Thirty-two. Ultimately, 50 trillion cells or so. At first, our future self is a mere blob of protoplasm. But slowly, ever so slowly, the blob begins to differentiate under the direction of genes. A symmetry axis develops. A head, a tail, a spine. At this point, the embryo might be that of a human, or a chicken, or a marmoset. Limbs form. Digits, with tiny translucent nails. Eyes, with papery lids. Ears pressed like flowers against the head. Clearly now a human. A nose, nostrils. Downy hair. Genitals.
As the physical self develops, so too a mental self takes shape, not yet conscious, not yet self-aware, knitted together as webs of neurons in the brain, encapsulating in some respects the evolutionary experience of our species. Instincts impressed by the genes. The instinct to suck, for example. Already, in the womb, the fetus presses its tiny fist against its mouth in anticipation of the moment when the mouth will be offered the mother’s breast. The child will not have to be taught to suck. Other inborn behaviors will express themselves later. Laughing. Crying. Striking out in anger. Loving.
What, if anything, goes on in the mind of the developing fetus we may never know. But this much seems certain: To the extent that the emerging self has any awareness of its surroundings, its world is coterminous with itself. We are not born with knowledge of the antipodes, the plains of Mars, or the far-flung realm of the galaxies. We are not born with knowledge of Precambrian seas, the supercontinent of Pangea, or the Age of Dinosaurs. We are born into a world scarcely older than ourselves and scarcely larger than ourselves. And we are at its center.
A human life is a journey into the grandeur of a universe that may contain more galaxies than there are cells in the human body, a universe in which the whole of a human lifetime is but a single tick of the cosmic clock. The journey can be disorienting; our first instincts are towards coziness, comfort, our mother’s enclosing arms, her breast. The journey, therefore, requires courage – for each individual, and for our species.
Uniquely of all animals, humans have the capacity to let our minds expand into the space and time of the galaxies. No other creatures can number the cells in their bodies, as we can, or count the stars. No other creatures can imagine the explosive birth of the observable universe 14 billion years ago from an infinitely hot, infinitely small seed of energy. That we choose to make this journey – from the all-sustaining womb into the vertiginous spaces and abyss of time – is the glory of our species, and perhaps our most frightening challenge.”
"This I Believe..."
“This I believe: That the free, exploring mind of the individual
human is the most valuable thing in the world.
And this I would fight for:
the freedom of the mind to take any direction it wishes, undirected.
And this I must fight against:
any idea, religion, or government which limits or destroys the individual.”
- John Steinbeck
"Emergency Alert! 3,000 Nuclear Troops On Highest Alert; German Soldiers Found in 'Russia'; Taurus Missiles"
Full screen recommended.
Canadian Prepper, 9/23/23
"Emergency Alert! 3,000 Nuclear Troops On Highest Alert;
German Soldiers Found in 'Russia'; Taurus Missiles"
Comments here:
o
Col. Douglas Macgregor, Straight Calls, 9/23/23
"The Russians Will Finish This War”
Analysis of breaking news and in-depth discussion of current
geopolitical events in the United States of America and the world.
Comments here:
Was nice knowing you, folks...
"Doug Casey on the End of Western Civilization"
"Doug Casey on the End of Western Civilization"
by International Man
"International Man: The decline of Western Civilization is on a lot of people’s minds. Let’s talk about this trend.
Doug Casey: Western Civilization has its origins in ancient Greece. It’s unique among the world’s civilizations in putting the individual - as opposed to the collective - in a central position. It enshrined logic and rational thought - as opposed to mysticism and superstition - as the way to deal with the world. It’s because of this that we have science, technology, great literature and art, capitalism, personal freedom, the concept of progress, and much, much more. In fact, almost everything worth having in the material world is due to Western Civilization.
Ayn Rand once said "East minus West equals zero." I think she went a bit too far, as a rhetorical device, but she was essentially right. When you look at what the world’s other civilizations have brought to the party, at least over the last 2,500 years, it’s trivial. I lived in the Orient for years. There are many things I love about it - martial arts, yoga, and the cuisine among them. But all the progress they’ve made is due to adopting the fruits of the West.
International Man: There are so many things degrading Western Civilization. Where do we begin?
Doug Casey: It’s been said, correctly, that a civilization always collapses from within. World War 1, in 1914, signaled the start of the long collapse of Western Civilization. Of course, termites were already eating away at the foundations, with the writings of people like Jean-Jacques Rousseau and Karl Marx. It’s been on an accelerating downward path ever since, even though technology and science have been improving at a quantum pace. They are, however, like delayed action flywheels, operating on stored energy and accumulated capital. Without capital, intellectual freedom, and entrepreneurialism, science and technology will slow down. I’m optimistic we’ll make it to Kurzweil’s Singularity, but there are no guarantees.
Things also changed with the creation of the Federal Reserve in 1913. Before that, the US used gold coinage for money. "The dollar" was just a name for 1/20th of an ounce of gold. That is what the dollar was. Paper dollars were just receipts for gold on deposit in the Treasury. The income tax, enacted the same year, threw more sand in the gears of civilization. The world was much freer before the events of 1913 and 1914, which acted to put the State at the center of everything.
The Fed and the income tax are both disastrous and unnecessary things, enemies of the common man in every way. Unfortunately, people have come to believe they’re fixtures in the cosmic firmament. They’re the main reasons - there are many other reasons, though, unfortunately - why the average American’s standard of living has been dropping since the early 1970s. In fact, were it not for these things, and the immense amount of capital destroyed during the numerous wars of the last 100 years, I expect we’d have already colonized the moon and Mars. Among many other things.
But I want to re-emphasize that the science, the technology, and all the wonderful toys we have are not the essence of Western Civilization. They’re consequences of individualism, capitalism, rational thought, and personal freedom. It’s critical not to confuse cause and effect.
International Man: You mentioned that the average American’s standard of living has dropped since the early 1970s. This is directly related to the US government abandoning the dollar’s last link to gold in 1971. Since then, the Federal Reserve has been able to debase the US dollar without limit. I think the dollar’s transformation into a purely fiat currency has eroded the rule of law and morality in the US. It’s similar to what happened in the Roman Empire after it started debasing its currency. What do you think, Doug?
Doug Casey: All the world’s governments and central banks share a common philosophy, which drives these policies. They believe that you create economic activity by stimulating demand, and you stimulate demand by printing money. And, of course, it’s true, in a way. Roughly the same way a counterfeiter can stimulate a local economy.
Unfortunately, they ignore that, and completely ignore that the way a person or a society becomes wealthy is by producing more than they consume and saving the difference. That difference, savings, is how you create capital. Without capital you’re reduced to subsistence, scratching at the earth with a stick. These people think that by inflating - which is to say destroying - the currency, they can create prosperity. But what they’re really doing, is destroying capital: When you destroy the value of the currency, that discourages people from saving it. And when people don’t save, they can’t build capital, and the vicious cycle goes on.
This is destructive for civilization itself, in both the long term and the short term. The more paper money, the more credit, they create, the more society focuses on finance, as opposed to production. It’s why there are many times more people studying finance than science. The focus is increasingly on speculation, not production. Financial engineering, not mechanical, electrical, or chemical engineering. And lots of laws and regulations to keep the unstable structure from collapsing.
What keeps a truly civil society together isn’t laws, regulations, and police. It’s peer pressure, social opprobrium, moral approbation, and your reputation. These are the four elements that keep things together. Western Civilization is built on voluntarism. But, as the State grows, that’s being replaced by coercion in every aspect of society. There are regulations on the most obscure areas of life. As Harvey Silverglate pointed out in his book, the average American commits three felonies a day. Whether he’s caught and prosecuted is a subject of luck and the arbitrary will of some functionary. That’s antithetical to the core values of Western Civilization.
International Man: Speaking of ancient civilizations like Rome, interest rates are just coming off the the lowest levels they’ve been in 5,000 years of recorded history. Trillions of dollars’ worth of government bonds trade at negative yields. Of course, this couldn’t happen in a free market. It’s only possible because of central bank manipulation. How will artificially low interest rates affect the collapse of Western Civilization?
Doug Casey: It’s really, really serious. I previously thought it was metaphysically impossible to have negative interest rates but, in the Bizarro World central banks have created, it’s happened.
Negative interest rates discourage saving. Once again, saving is what builds capital. Without capital you wind up as an empty shell - Rome in 450 A.D., or Detroit today - lots of wonderful but empty buildings and no economic activity. Worse, it forces people to desperately put their money in all manner of idiotic speculations in an effort to stay ahead of inflation. They wind up chasing the bubbles the funny money creates.
Let me re-emphasize something: in order for science and technology to advance you need capital. Where does capital come from? It comes from people producing more than they consume and saving the difference. Debt, on the other hand, means you’re living above your means. You’re either consuming the capital others have saved, or you’re mortgaging your future.
Zero and negative interest rate policies, and the creation of money out of nowhere, are actually destructive of civilization itself. It makes the average guy feel that he’s not in control of his own destiny. He starts believing that the State, or luck, or Allah will provide for him. That attitude is typical of people from backward parts of the world - not Western Civilization.
International Man: What does it say about the economy and society that people work so hard to interpret what officials from the Federal Reserve and other central banks say?
Doug Casey: It’s a shameful waste of time. They remind me of primitives seeking the counsel of witch doctors. One hundred years ago, the richest people in the country - the Rockefellers, the Carnegies, and such - made their money creating industries that actually made stuff. Now, the richest people in the country just shuffle money around. They get rich because they’re close to the government and the hydrant of currency materialized by the Federal Reserve. I’d say it’s a sign that society in the US has become quite degraded.
The world revolves much less around actual production, but around guessing the direction of financial markets. Negative interest rates are creating bubbles, and will eventually result in an economic collapse.
International Man: Negative interest rates are essentially a tax on savings. A lot of people would rather pull their money out of the bank and stuff it under a mattress than suffer that sting. The economic central planners know this. It’s why they’re using negative interest rates to ramp up the War on Cash - the push to eliminate paper currency and create a cashless society.
The banking system is very fragile. Banks don’t hold much paper cash. It’s mostly digital bytes on a computer. If people start withdrawing paper money en masse, it won’t take much to bring the whole system down. Their solution is to make accessing cash harder, and in some cases, illegal. That’s why the economic witch doctors at Harvard are pounding the table to get rid of the $100 bill. Take France, for example. It’s now illegal to make cash transactions over €1,000 without documenting them properly.
Negative interest rates have turbocharged the War on Cash. If the central planners win this war, it would be the final deathblow to financial privacy. How does this all relate to the collapse of Western Civilization?
Doug Casey: I believe the next step in their idiotic plan is to abolish cash. Decades ago they got rid of gold coinage, which used to circulate day to day in people’s pockets. Then they got rid of silver coinage. Now, they’re planning to get rid of cash altogether. So you won’t even have euros or dollars or pounds in your wallet anymore, or if you do, it will only be very small denominations. Everything else is going to have to be done through electronic payment processing.
This is a huge disaster for the average person: absolutely everything that you buy or sell, other than perhaps a candy bar or a hamburger, is going to have to go through the banking system. Thus, the government will be able to monitor every transaction and payment. Financial privacy, even what’s left of it today, will literally cease to exist.
Privacy is one of the big differences between a civilized society and a primitive society. In a primitive society, in your little dirt hut village, anybody can look through your window or pull back the flap on your tent. You have no privacy. Everybody can hear everything; see anything. This was one of the marvelous things about Western Civilization - privacy was valued, and respected. But that concept, like so many others, is on its way out…
International Man: You’ve mentioned before that language and words provide important clues to the collapse of Western Civilization. How so?
Doug Casey: Many of the words you hear, especially on television and other media, are confused, conflated, or completely misused. Many recent changes in the way words are used are corrupting the language. As George Orwell liked to point out, to control language is to control thought. The corruption of language is adding to the corruption of civilization itself. This is not a trivial factor in the degradation of Western Civilization.
Words - their exact meanings, and how they’re used are critically important. If you don’t mean what you say and say what you mean, then it’s impossible to communicate accurately. Forget about transmitting philosophical concepts.
Take for example shareholders and stakeholders. We all know that a shareholder actually owns a share in a company, but have you noticed that over the last generation shareholders have become less important than stakeholders? Even though stakeholders are just hangers-on, employees, or people who are looking to get in on a shakedown. But everybody slavishly acknowledges, "Yes, we’ve got to look out for the stakeholders." Where did that concept come from? It’s a recent creation, but Boobus americanus seems to think it was carved in stone at the country’s founding.
We’re told to protect them, as if they were a valuable and endangered species. I say, "A pox upon stakeholders." If they want a vote in what a company does, then they ought to become shareholders. Stakeholders are a class of being created out of nothing by Cultural Marxists for the purpose of shaking down shareholders."
Editor’s Note: This is going to be the most turbulent decade in US history…The 2020s will be more dangerous than the 1930s, the 1940s, and even the 1860s. That's because severe crises are brewing on multiple fronts and converging. The whole system will have a complete reset, and soon. It could be the BIGGEST thing since the founding of the USA."
'And, Of Course..."
And, of course, the universal and inevitable excuse…
“A person who is going to commit an inhuman act invariably
excuses himself to himself by saying, “I’m only human, after all.”
- Sydney J. Harris
I've always wondered...
Everyone says “Only human…” compared to what?
Full screen recommended.
Billy Joel, "You're Only Human (Second Wind)"
"Almost Half Of All Young Adults In The United States Are Living With Their Parents"
"Almost Half Of All Young Adults In
The United States Are Living With Their Parents"
by Michael Snyder
"When are we going to wake up and admit that our system is failing? If close to half of our young adults find themselves needing to live with their parents, we have a major crisis on our hands. Yes, there are some young people that are simply lazy and don’t want to work hard enough. I definitely understand that. But most young adults in America today don’t actually want to live with their parents. Given the opportunity, they would love to have their own homes. Unfortunately, home prices have risen to absolutely absurd levels and housing in America is now more unaffordable than it has ever been before.
I feel so badly for the millions upon millions of young people that are struggling so much right now. We encourage them to pile up giant mountains of student loan debt without ever considering the consequences, and then once they get out into the real world they quickly discover that the cost of living has become extremely suffocating. As a result, vast numbers of young adults are finding that it is necessary to move back in with their parents…
Nearly half of all young adults are living with their parents - and they’re not ashamed to say it. Moving out and living on your own is often seen as a marker of adulthood. But dealt an onerous set of cards — including pandemic lockdowns, decades-high inflation, soaring student debt levels and a shaky job market - young people today are increasingly staying put. What’s more, it’s no longer seen as a sign of individual failure.
Needless to say, this is not a good thing for our society. The last time that such a high percentage of young adults were living with their parents was during the aftermath of the Great Depression…"These days, about 23 million, or 45%, of all Americans ages 18 to 29 are living with family, roughly the same level as the 1940s, a time when women were more likely to remain at home until marriage and men too were lingering on family farms in the aftermath of the Great Depression."
So why is this happening? One of the primary reasons why this is happening is because high interest rates have pushed housing costs to insane levels. This week, the average rate on a 30 year fixed mortgage reached 7.19 percent…"US mortgage rates remained flat this week, hovering over 7%, where they’ve been for six consecutive weeks as inflation pressures persist. The 30-year fixed-rate mortgage averaged 7.19% in the week ending September 21, a tick up from 7.18% the week before, according to data from Freddie Mac released Thursday. A year ago, the 30-year fixed-rate was 6.29%.
“Mortgage rates continue to linger above 7% as the Federal Reserve paused their interest rate hikes,” Sam Khater, Freddie Mac’s chief economist, said. “Given these high rates, housing demand is cooling off and now homebuilders are feeling the effect,” he said. “Builder sentiment declined for the first time in several months and construction levels have dipped to a three-year low, which could have an impact on the already low housing supply,” Khater added.
And this isn’t even going to be the peak. In fact, NAR chief economist Lawrence Yun is warning that “in the short run, it’s possible that mortgage rates may go up to 8%.” 8 percent?Are you kidding me? Even now, mortgage payments have escalated to absolutely crazy heights. Earlier this week, the following example was posted on Twitter by Amy Nixon…"This home sold in 2021 for $685,000. Buyer’s monthly payment? $3526. Buyer’s monthly payment today? $8402. “But wages went up!” “But people have cash now!” NO - THIS IS COMPLETE INSANITY. STOP PRETENDING IT IS NOT."
She is right. This is nuts. Only a very small percentage of the population can afford such monthly payments, and so millions of potential buyers are being sidelined. And millions of potential sellers are being sidelined as well, because most of them would need to purchase another home if the current home they are living in was sold. So the vast majority of us are trapped in our homes right now. Most of us simply cannot afford to move because the mortgage payments would be way too high.
Obviously, this is one of the main things that is greatly depressing home sales right now. Sales of previously owned homes declined again in August. If you can believe it, they were actually down a whopping 15.3 percent from the already depressed level that we witnessed in August 2022. If you want to thank someone, thank the officials at the Federal Reserve, because they created this mess.
Overall, Fannie Mae is projecting that this will be the worst year for home sales since 2011: "US home sales are headed for the biggest slowdown since 2011, according to Fannie Mae. The government-sponsored mortgage finance company forecasted total home sales to slump to just 4.8 million this year, marking the slowest sales environment since 2011. That figure will only improve slightly in 2024, with total home sales expected to hit 4.9 million, Fannie Mae economists said.
If our young adults cannot afford to purchase homes, at least they can afford to rent places to live, right? Wrong. In recent years, rents have skyrocketed all over the country. At this point, the national median asking rent in the U.S. is over $2,000 a month…"Landlords are continuing to ask near record-high rents amid a tight housing market, but tenants in some parts of the country are still finding deals, according to a new study from Redfin. The asking rent in August was $2,052, up slightly (0.7%) from just a month earlier when the asking rent was $2,038."
When I was a young adult, I remember renting an apartment for $300 a month. And I thought that was expensive. Unfortunately, I don’t see much help for our young people on the horizon. The Federal Reserve does not plan to cut interest rates any time soon. And it will be quite some time before housing prices decline enough to be considered “affordable”. So if you are a parent, please be patient with any young adults that you currently have living at home. Factors outside of their control have made housing more unaffordable than it has ever been before, and economic conditions are going to continue to get harsher all around us."
o
Dan, I Allegedly, "This is Why LA is a Dump - Homeless RVs"
Full screen recommended.
Dan, I Allegedly 9/23/23
"This is Why LA is a Dump - Homeless RVs"
"They speculate that there are over 15,000 homeless vans and RVs parked in Los Angeles alone. These people rent these vans out and they do not run. They have no sanitation. They have no electricity and these people are living in squalor."
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