Monday, November 4, 2024
Jim Kunstler, "Escape from Psychopathocracy"
Judge Napolitano, "Alastair Crooke: Netanyahu’s Imaginary Victories"
"A 'Lockdown Economy' Without The Lockdowns: 48 Percent Of U.S. Small Businesses Couldn’t Even Pay Their Rent Last Month"
"Close to half of small business owners couldn’t pay their rent in September, marking a new three-year high. According to business networking platform Alignable’s September Revenue & Rent Report, 48% of small business renters could not make their rent payments. That was up from 41% in July and August. And it was the highest it has been since the Covid recovery era in March 2021, when 49% of small business owners were delinquent."
Meanwhile, the percentage of middle-income households that rate their financial situations negatively has just hit a brand new high…"America’s middle class is feeling the squeeze like never before, according to new data. Primerica’s latest Financial Security Monitor report for the third quarter found 55% of middle-income households now rate their personal financial situation negatively, a 6-point jump from the previous survey. “For the first time in a year, a majority of middle-income households are feeling negative about their personal finances,” said Glenn Williams, CEO of Primerica. “In fact, this latest report represents the highest negative rating we’ve seen since we began fielding the survey exactly four years ago.” The middle class is being absolutely eviscerated, and it is getting worse with each passing month.
Last week, I was stunned to learn that hundreds of people had applied to rent a “sleeping pod” in San Francisco for $700 a month…"A company that rents “sleeping pods” in downtown San Francisco for $700 a month has had 300 people apply for its remaining 17 beds, the company’s CEO said. Brownstone Shared Housing describes its mission as “providing low cost housing in the most expensive cities”. Its bunkbed-style “pods” measure approximately 3.5ft-by-4ft-by-6.5ft, large enough to fit a twin mattress. The pods come with privacy curtains, inside lighting and charging ports."
I still remember the days when you could rent a spectacular luxury apartment for $700 a month. Now all you get for $700 is a “pod” that allows you to sleep in a large room with a bunch of other stinky people.
It is being reported that Nissan “is planning on cutting production of its main U.S. models by 30%”…"In continuing signs that the U.S. consumer is tapped, Nissan is planning on cutting production of its main U.S. models by 30%, according to a new report from Nikkei, which says the cuts could jeopardize the automaker’s 2024 global sales targets. Nissan forecasts a 99% drop in quarterly operating profit to 995 million yen ($6.52 million) and a 12% decline to 500 billion yen for the year, citing weakening U.S. market earnings, the report says. The company’s target of 3.65 million vehicles sold for 2024 is now at risk, it says." If Nissan thought that the economy was about to turn around, they wouldn’t be doing this.
Warren Buffett continues to sell off stocks, and he now has a cash stockpile of 325 billion dollars…"Berkshire Hathaway, the conglomerate headed by Warren E. Buffett, extended its retreat from stocks in the third quarter, cutting its holdings in Apple and Bank of America and increasing its cash to a record $325.2 billion." If Warren Buffett thought that the economy was about to turn around, he wouldn’t be doing this.
Adventures With Danno, "Massive Changes Happening At Dollar Tree!"
"Economic Market Snapshot 11/4/24"
Sunday, November 3, 2024
"Emergency Alert! Election Civil War Plan; Iran War Will Be Diversion; 1,000 Missiles Prepped"
Jeremiah Babe, "These People Are Pure Evil, This Country Is In Big Trouble"
Musical Interlude: Il Divo, "Wicked Game (Melanconia)"
"A Look to the Heavens"
Chet Raymo, “Examination of Conscience”
by Chet Raymo
"I have been reading Stephanie Smallwood's “Saltwater Slavery,” a close examination of the trade in human beings between the coast of West Africa and the Americas in the 17th and 18th centuries. It is a sobering read, but if there is one thing I came away with, it was this: We have an enormous capacity to rationalize the most horrendous crimes. Everyone involved in the slave trade - the European owners of the ships, the masters of the trading companies, the ship captains and crews, the plantation owners in the West Indies and the Chesapeake, the African tribal chiefs who captured and sold their neighbors to the European merchants - knew in some part of their souls that what they were doing was wrong. All of them - good Christians among them, pillars of their communities - found ways to rationalize their participation.
Who among us is immune to self deceit? To what extent am I implicated in the horrendous tragedies that are Darfur and Iraq? What do I owe to the global environment? Is there such a thing as innocence when we are so intimately connected that people in Fiji and Japan will read these words only moments after I write them?
What about science, the favored subject of this blog? Here is Smallwood: “The littoral [of the West African coast]...was more than a site of economic exchange and incarceration. The violence exercised in the service of human commodification relied upon a scientific empiricism always seeking to find the limits of human capacity for suffering, that point where material and social poverty threatened to consume entirely the lives it was meant to garner for sale in the Americas.”
Even science, like religion and democratic politics, can be pressed into the service of evil. We are all of us to some extent in the grip of economic forces as powerful and sometimes as pernicious as those that drove the saltwater slave trade. Few of us are required to personally face the direst evils. We are saved from moral anguish only by the fact that our acts of commission and omission ripple outward until their consequences are diluted and lost in the general happiness or unhappiness of humankind.”
The Poet: Robert Service, "Prelude"
Dan, I Allegedly, "There is a New Bailout That Should Make You Furious"
"Wars And Rumors Of War"
"A Musical How It Really Is"
"The Molten Pit Of Human Reality"
"Evil Walks Among Us: Monsters with Human Faces Wreak Havoc on Our Freedoms"
"I Am Done"
"I was born at the end of Gen X and the beginning of the Millennial Generation, and grew up in a middle class town. Life was good. Our home was modest but birthdays and Christmas were always generous, we went on yearly vacations, had 2 cars, and there was enough money for me to take dance classes and art lessons and be in Girl Scouts.
My 1940s born Dad raised me to be patriotic and proud, to love the war bird airplanes of his era as much as he does, and to respect our flag and our country as a sacred thing. I grew up thinking that being an American was the greatest gift a person could have. I grew up thinking that our country was as strong, and honest and true as my Dad. I grew up thinking I was free.
As an adult, I have witnessed the world I grew up in fall to ruin. I have watched as our currency and our economy have been shamelessly corrupted beyond redemption. Since we’ve been married, my husband and I TWICE had our meager investment savings gutted by the market that we were told to invest in, now that pensions no longer exist and we working stiffs are on our own. We will be working until we die, because the Social Security we’ve been forced to pay into has also been robbed from under us.
I have watched as our elected officials enter Congress as ordinary folks and leaves as multi millionaires. I have watched my blue collar husband get up at an ungodly hour every day and come home with an aching back that we pray will hold out long enough to get him to old age in one piece. Outside of shoes, socks and underwear, almost everything my family wears was bought used. We’ve been on one vacation in 12 years.
We don’t have cell phones, or cable, or any sort of streaming services, just a landline and internet. We hardly ever eat out. Our house is 1400 square feet, no air conditioning. I cook from scratch and I can and I garden and I raise chickens for eggs and meat and I moonlight selling things on Etsy. Still it is barely enough to pay the bills that go up every year while service quality and the longevity of goods goes down. What I just described is the life you can live on 60K a year without going into debt.
At last calculation, when you consider all of the federal, state and local taxes plus registration and user fees, Medicare and SS payroll taxes, almost a third of what my family earns is stolen by the govt each year. What’s left doesn’t go far, just enough to cover the basics and save a little for when the wolf howls at the door.
I watched as my family’s health insurance was gutted and destroyed. Our private market insurance, which we had to have because my husband’s employer is too small to have a group plan, was made illegal. We were left with the option of either buying an Obamacare plan with unaffordable deductibles and insanely ridiculous out of pocket maxes, or paying the very gov’t that destroyed our healthcare a fine for not buying the gov’t mandated plan that we cannot afford. We now have short term insurance that isn’t really insurance at all, and I live in fear of one of us getting injured or sick with anything I can’t fix from the medicine cabinet.
I have watched as education, which was already sketchy when I was a kid, became an all out joke of wholly unmathematical math, gold stars for all, and self-loathing anti-Americanism. My family has taken an enormous financial hit as I stay home to home school our child. At least she’ll be able to do old-fashioned math well enough to see how much they are screwing her. A silver lining to every cloud, I guess.
I’ve sat by and held my tongue as I was called deplorable and a bitter clinger and told that I didn’t build that. I’ve been called a racist and a xenophobe and a chump and even an “ugly folk.” I’ve been told that I have privilege, and that I have inherent bias because of my skin color, and that my beloved husband and father are part of a horrible patriarchy. Not one goddamn bit of that is true, but if I dare say anything about it, it will be used as evidence of my racism and white fragility.
Raised to be a Republican, I held my nose and voted for Bush, the Texas-talking blue blood from Connecticut who lied us into 2 wars and gave us the unpatriotic Patriot Act. I voted for McCain, the sociopathic neocon songbird “hero” that torpedoed the attempt to kill the Obamacare that’s killing my family financially. I held it again and voted for Romney, the vulture capitalist skunk that masquerades as a Republican while slithering over to the Democrat camp as often as they’ll tolerate his oily, loathsome presence.
And I voted for Trump, who, if he did nothing else, at least gave a resounding Bronx cheer to the richly deserving smug hypocrites of DC. Thank you for that Mr. President, on behalf of all of us nobodies. God bless you for it.
And now I have watched as people who hate me and mine and call for our destruction blatantly and openly stole the election and then gaslighted us and told us that it was honest and fair. I am watching as the GOP does NOTHING about it. They’re probably relieved that upstart Trump is gone so they can get back to their real jobs of lining their pockets and running interference for their corporate masters. I am watching as the media, in a manner that would make Stalin blush, is silencing anyone who dares question the legitimacy of this farce they call democracy. I know, it’s a republic, but I am so tired of explaining that to people I might as well give in and join them in ignorance.
I will not vote again; they’ve made it abundantly clear that my voice doesn’t matter. Whatever irrational, suicidal lunacy the nanny states thinks is best is what I’ll get. What it decided I need is a geriatric pedophile who shouldn’t be charged with anything more rigorous than choosing between tapioca and rice pudding at the old folks home, and a casting couch skank who rails against racism while being a descendant of slave owners.
I’m free to dismember a baby in my womb and kill it because “my body my choice”, but God help me if I won’t cover my face with a germ laden Linus-worthy security blanket or refuse let them inject genetically altering chemicals into my body or my child’s. I can be doxed, fired, shunned and destroyed for daring to venture that there are only 2 genders as proven by DNA, but a disease with a 99+% survival rate for most humans is a deadly pandemic worth murdering an economy over. Because science. Idiocracy is real, and we are living it. Dr. Lexus would be an improvement over Fauci.
I am done. Don’t ask me to pledge to the flag, or salute the troops, or shoot fireworks on the 4th. It’s a sick, twisted, heartbreaking joke, this bloated, unrecognizable corpse of a republic that once was ours.
I am not alone. Not sure how things continue to function when millions of citizens no longer feel any loyalty to or from the society they live in.