Jeremiah Babe, PM 9/4/21:
“Collapse In Confidence As Jobs Hammered;
Stock Market Should Have Collapsed; Economy Is Being Doped”
So, we rise from the rubble...
Saturday, September 4, 2021
Musical Interlude: The Traveling Wilburys, "End Of The Line"
Full screen recommended.
The Traveling Wilburys, "End Of The Line"
"A Look to the Heavens"
"Large galaxies and faint nebulae highlight this deep image of the M81 Group of galaxies. First and foremost in the wide-angle 12-hour exposure is the grand design spiral galaxy M81, the largest galaxy visible in the image. M81 is gravitationally interacting with M82 just below it, a big galaxy with an unusual halo of filamentary red-glowing gas.
Around the image many other galaxies from the M81 Group of galaxies can be seen. Together with other galaxy congregates including our Local Group of galaxies and the Virgo Cluster of galaxies, the M81 Group is part of the expansive Virgo Supercluster of Galaxies. This whole galaxy menagerie is seen through the faint glow of an Integrated Flux Nebula, a little studied complex of diffuse gas and dust clouds in our Milky Way Galaxy."
Chet Raymo, "Away Above The Chimney Pots "
"Away Above The Chimney Pots "
by Chet Raymo
"So Oz finally became home; the imagined world became the actual world, as it does for us all, because the truth is that once we have left our childhood places and started out to make up our lives, armed only with what we have and are, we understand that the real secret of the ruby slippers is not that "there's no place like home", but rather that there is no longer any such place as home: except, of course, for the home we make, or the homes that are made for us, in Oz: which is anywhere, and everywhere, except the place from which we began.
In the last paragraph of his delightful meditation on the film "The Wizard of Oz", Salman Rushdie, himself an immigrant to another land, takes gentle issue with the concluding cliche: "There's no place like home." If the net result of Dorothy's technicolor adventure is to end up where she began, in gray old Kansas, then what was the point? asks Rushdie.
Poor Dorothy, waking up in bed with Auntie Em and the others clustered around her, born again, so to speak, into the same old life. "It wasn't a dream, it was a place," she cries, piteously. "A real, truly live place! Doesn't anyone believe me?" She must begin her rebellion all over again.
Visitors here will have observed that I have reached a stage in life where I am prone to look back on the journey, reflect somewhat nostalgically upon the place I came from, and try to ascertain where it is I have ended up. It is clear that the destination was in part determined by where I began, as is true, I suppose, for all of us. We are armed, after all, only with "what we have and who we are." But it is clear too that having experienced the technicolor universe of the galaxies and the DNA, there is no going back to the dusty, gray dogmas of my youth.
The Emerald City may indeed be over the rainbow, but it is still in the here and now. The Wizard's powers may not be supernatural, but his translucently turreted city sure beats Kansas. Science was my Yellow Brick Road. I'm still a "Kansas" boy, so to speak, but with no desire to be born again. For better or worse, home is here, now, in a universe of a grandeur of which I had no idea at the beginning, at a place along a Yellow Brick Road that reaches tantalizingly into the future, with no foreseeable terminus in an ultimate Oz. "
"A Life of Learning: Earth School"
"A Life of Learning: Earth School"
by Madisyn Taylor, The DailyOm
"Earth school provides us with an education of the heart and the soul. Life is the province of learning, and the wisdom we acquire throughout our lives is the reward of existence. As we traverse the winding roads that lead from birth to death, experience is our patient teacher. We exist, bound to human bodies as we are, to evolve, enrolled by the universe in earth school, an informal and individualized academy of living, being, and changing. Life’s lessons can take many forms and present us with many challenges. There are scores of mundane lessons that help us learn to navigate with grace, poise, and tolerance in this world. And there are those once-in-a-lifetime lessons that touch us so deeply that they change the course of our lives. The latter can be heartrending, and we may wander through life as unwilling students for a time. But the quality of our lives is based almost entirely on what we derive from our experiences.
Earth school provides us with an education of the heart and the soul, as well as the intellect. The scope of our instruction is dependent on our ability and readiness to accept the lesson laid out before us in the circumstances we face. When we find ourselves blindsided by life, we are free to choose to close our minds or to view the inbuilt lesson in a narrow-minded way. The notion that existence is a never-ending lesson can be dismaying at times. The courses we undertake in earth school can be painful as well as pleasurable, and as taxing as they are eventually rewarding. However, in every situation, relationship, or encounter, a range of lessons can be unearthed. When we choose to consciously take advantage of each of the lessons we are confronted with, we gradually discover that our previous ideas about love, compassion, resilience, grief, fear, trust, and generosity could have been half-formed.
Ultimately, when we acknowledge that growth is an integral part of life and that attending earth school is the responsibility of every individual, the concept of "life as lesson" no longer chafes. We can openly and joyfully look for the blessing buried in the difficulties we face without feeling that we are trapped in a roller-coaster ride of forced learning. Though we cannot always know when we are experiencing a life lesson, the wisdom we accrue will bless us with the keenest hindsight."
Earth school provides us with an education of the heart and the soul, as well as the intellect. The scope of our instruction is dependent on our ability and readiness to accept the lesson laid out before us in the circumstances we face. When we find ourselves blindsided by life, we are free to choose to close our minds or to view the inbuilt lesson in a narrow-minded way. The notion that existence is a never-ending lesson can be dismaying at times. The courses we undertake in earth school can be painful as well as pleasurable, and as taxing as they are eventually rewarding. However, in every situation, relationship, or encounter, a range of lessons can be unearthed. When we choose to consciously take advantage of each of the lessons we are confronted with, we gradually discover that our previous ideas about love, compassion, resilience, grief, fear, trust, and generosity could have been half-formed.
Ultimately, when we acknowledge that growth is an integral part of life and that attending earth school is the responsibility of every individual, the concept of "life as lesson" no longer chafes. We can openly and joyfully look for the blessing buried in the difficulties we face without feeling that we are trapped in a roller-coaster ride of forced learning. Though we cannot always know when we are experiencing a life lesson, the wisdom we accrue will bless us with the keenest hindsight."
•
"Every person, all the events of your life are there because you have
drawn them there. What you choose to do with them is up to you."
- Richard Bach
- Richard Bach
•
"Ten Rules For Being Human"
Rule One: You will receive a body. You may love it or hate it, but it will be yours for the duration of your life on Earth.
Rule Two: You will be presented with lessons. You are enrolled in a full-time informal school called 'life.' Each day in this school you will have the opportunity to learn lessons. You may like the lessons or hate them, but you have designed them as part of your curriculum.
Rule Three: There are no mistakes, only lessons. Growth is a process of experimentation, a series of trials, errors, and occasional victories. The failed experiments are as much a part of the process as the experiments that work.
Rule Four: A lesson is repeated until learned. Lessons will be repeated to you in various forms until you have learned them. When you have learned them, you can then go on to the next lesson.
Rule Five: Learning does not end. There is no part of life that does not contain lessons. If you are alive, there are lessons to be learned.
Rule Six: 'There' is no better than 'here'. When your 'there' has become a 'here,' you will simply obtain a 'there' that will look better to you than your present 'here'.
Rule Seven: Others are only mirrors of you. You cannot love or hate something about another person unless it reflects something you love or hate about yourself.
Rule Eight: What you make of your life is up to you. You have all the tools and resources you need. What you do with them is up to you.
Rule Nine: Your answers lie inside of you. All you need to do is look, listen, and trust.
Rule Ten: You will forget all of this at birth. You can remember it if you want by unravelling the double helix of inner knowing.
- Cherie Carter-Scott, 
"The Essence Of Human Existence..."
"Curiosity is the essence of human existence.
'Who are we? Where are we? Where do we come from? Where are we going?'
I don't know. I don't have any answers to those questions.
I don't know what's over there around the corner. But I want to find out."
- Eugene Cernan
“As I’ve Aged”
“As I’ve Aged”
- Author Unknown
“You ask me how it feels to grow older. I’ve learned a few things along the way, which I’ll share with you…
As I’ve aged, I’ve become kinder to myself, and less critical of myself. I’ve become my own friend. I don’t chide myself for eating that extra cookie, or for not making my bed, or for buying that silly cement gecko that I didn’t need, but looks so avante-garde on my patio. I am entitled to a treat, to be messy, to be extravagant.
I have seen too many dear friends leave this world too soon; before they understood the great freedom that comes with aging. Whose business is it if I choose to read or play on the computer until 4 AM and sleep until noon? I will dance with myself to those wonderful tunes of many years ago, and if I, at the same time, wish to weep over a lost love… I will.
I will walk the beach in a swim suit that is stretched over a bulging body, and will dive into the waves with abandon if I choose to, despite the pitying glances from the jet set. They, too, will get old.
I know I am sometimes forgetful. But there again, some of life is just as well forgotten. And I eventually remember the important things. Sure, over the years my heart has been broken. How can your heart not break when you lose a loved one, or when a child suffers, or even when somebody’s beloved pet gets hit by a car? But broken hearts are what give us strength and understanding and compassion. A heart never broken is pristine and sterile and will never know the joy of being imperfect.
I am so blessed to have lived long enough to have my hair turning gray, and to have my youthful laughs be forever etched into deep grooves on my face. So many have never laughed, and so many have died before their hair could turn silver.
As you get older, it is easier to be positive. You care less about what other people think. I don’t question myself anymore. I’ve even earned the right to be wrong. So, to answer your question, I like being old. It has set me free. I like the person I have become. I am not going to live forever, but while I am still here, I will not waste time lamenting what could have been, or worrying about what will be. And I shall eat dessert every single day (if I feel like it). May our friendship never come apart especially when it’s straight from the heart!”
The Poet: Charles Dickens, "Things That Never Die "
"Things That Never Die "
"The pure, the bright, the beautiful
that stirred our hearts in youth,
The impulses to wordless prayer,
The streams of love and truth,
The longing after something lost,
The spirits longing cry,
The striving after better hopes -
These things can never die.
The timid hand stretched forth to aid
A brother in his need;
A kindly word in griefs dark hour
That proves a friend indeed;
The plea for mercy softly breathed,
When justice threatens high,
The sorrow of a contrite heart -
These things shall never die.
Let nothing pass, for every hand
Must find some work to do,
Lose not a chance to waken love -
Be firm and just and true.
So shall a light that cannot fade
Beam on thee from on high,
And angel voices say to thee -
These things shall never die.
- Charles Dickens (1812-1870)
Free Download: “State Of Insecurity: The Cost Of Militarization Since 9/11”
“State Of Insecurity:
The Cost Of Militarization Since 9/11”
"Twenty years after 9/11, the war on terror has remade the U.S. into a far more militarized actor, both around the world and at home. The human costs of this evolution are many - including mass incarceration, widespread surveillance, the violent repression of immigrant communities, and hundreds of thousands of lives lost to war and violence. But of course, this militarization also has financial costs too. Over 20 years, the U.S. has spent more than $21 trillion on militarization, surveillance, and repression - all in the name of security. These investments have shown us that the U.S. has the capacity and political will to invest in our biggest priorities.
But the COVID-19 pandemic, the January 6 Capitol insurrection, wildfires raging in the West, and even the fall of Afghanistan have shown us that these investments cannot buy us safety. The next 20 years present an opportunity to reconsider where we need to reinvest for a better future."
Freely download this complete report here:
Friday, September 3, 2021
"Rental Policy Shock – 750,000 Face Eviction As Housing And Rent Prices Explode"
Full screen recommended.
"Rental Policy Shock – 750,000 Face Eviction
As Housing And Rent Prices Explode"
by Epic Economist
"Although our politicians and policymakers insist that the runaway inflation ravaging our economy is merely "transitory", millions of Americans will soon be living under a bridge as both home prices and rents are now skyrocketing at breakneck speed. At the rate house prices are climbing right now, it won't take long before most part of the American population gets completely priced out of the market. Even the record-low mortgage rates are not being effective in helping Americans to become homeowners anymore, which means they will be doomed to pay inflated prices for rent for years if not decades to come. To make things worse, as the Wall Street Journal reported recently, would-be home buyers that have been priced out of the housing market this year are finding little consolation when they turn to the rental market. That's because rents are soaring and hitting record-breaking levels as well.
Real-estate data company Yardi Matrix found that asking rents for houses jumped nearly 13% for the year to date through July, the highest annual increase in the past five years. Since the beginning of 2021, the national median rent went up by a shocking 13.8%. As a comparison, in the pre-outbreak years from 2017-2019, rent price growth from January to August averaged just 3.6%. Given that rents are rising virtually everywhere, even small and mid-sized markets are recording an unprecedented boom. For example, in Boise, Idaho, rents have shot up by 39 percent since March 2020. This year, rent growth is largely outpacing pre-outbreak averages in 98 of the nation’s 100 largest cities. One of the most remarkable aspects of the current market is the fact that, unlike previous price bubbles, this time around the price increase is has been consistent, with not a single downward turn over the past 9 months. This is a big change from 2020 when rents sharply dropped in expensive markets while growing aggressively in more affordable ones. In 2021, the boom is affecting every major market in the country -- rents are rising across the board.
To add insult to injury, while middle-class Americans become increasingly poorer as they are forced to spend a larger share of their disposable income on rent and other living expenses, Wall Street is, of course, getting remarkably richer with this crisis. Several wealthy investors and Wall Street firms have been buying entire neighborhoods just so that they can rent the housing units at a big, big profit. The timing is also perfect for Wall Street players since the eviction moratorium has expired and the supply of available rental units is about to go up as millions of Americans get kicked out of their homes. Throughout the past year, corporate landlords were unable to evict non-paying tenants, which left them with less supply to offer those who can actually pay. To make up for their losses, they have been raising rents on every property they can, knowing that demand in the market will support the increases.
Now that the Supreme Court struck down the federal eviction moratorium for good, millions upon millions of Americans lost the only social safety net keeping a roof above their heads. A new analysis released by Goldman Sachs on Sunday suggested that without congressional action or faster disbursement of rental assistance, about 750,000 households will face eviction by the end of the year. The analysis also highlighted that due to the strength of the housing and rental market, landlords will try to evict tenants who are delinquent on rent as fast as they possibly can. The rate of evictions could be alarmingly high in cities hardest hit by the health crisis, considering apartment markets are actually tighter in those cities. Goldman also noted that an eviction episode of this magnitude will lead to a drag on consumption and job growth all across the economy, but that will be nothing compared to the implications it will have on new virus infections and public health.
On the other hand, institutional landlords are arguing that there's a 'silver lining' in throwing hundreds of thousands of people out in the street: The mass evictions would allegedly ease the imbalances created by the housing shortage since several units would be brought back into the market. On Twitter, Darrell Owens, a housing policy analyst at California YIMBY, wrote: “750,000 households don’t just magically disappear. So why would aggregate vacancies increase under stagnant housing? Because the plan is to make them homeless". Sadly, he's right. Housing in the U.S. is about to become completely unaffordable to anyone outside of the top 1%. This means that the original American Dream of owning a home has faded away and turned into a nightmare scenario for millions of Americans."
Gregory Mannarino, "Alert! Be Ready For Anything! Expect Something Dramatic To Occur Relatively Soon"
Gregory Mannarino, PM 9/3/21:
"Alert! Be Ready For Anything!
Expect Something Dramatic To Occur Relatively Soon"
Musical Interlude: 2002, "Cycle of Time"; "Challenge From Heaven"
2002, "Cycle of Time"
Full screen mode recommended.
2002, "Challenge From Heaven"
Full screen mode recommended.
Beautiful...
"A Look to the Heavens"
“Sculpted by stellar winds and radiation, a magnificent interstellar dust cloud by chance has assumed this recognizable shape. Fittingly named the Horsehead Nebula, it is some 1,500 light-years distant, embedded in the vast Orion cloud complex.
About five light-years "tall", the dark cloud is cataloged as Barnard 33 and is visible only because its obscuring dust is silhouetted against the glowing red emission nebula IC 434. Stars are forming within the dark cloud. Contrasting blue reflection nebula NGC 2023, surrounding a hot, young star, is at the lower left. The gorgeous color image combines both narrowband and broadband images recorded using three different telescopes.”
"When the Sky Is No More Than Remembered Light: Mark Strand Reads His Poignant Poem 'The End'”
"When the Sky Is No More Than Remembered Light:
Mark Strand Reads His Poignant Poem 'The End'”
- by Maria Popova
“Not every man knows what is waiting for him, or what he shall sing,
when the ship he is on slips into darkness, there at the end.”
“It’s such a lucky accident, having been born, that we’re almost obliged to pay attention,” the Pulitzer-winning poet Mark Strand (April 11, 1934–November 29, 2014) observed in contemplating the artist’s task to bear witness to the universe. And yet this universe in which we live is predicated on impermanence, and the lucky accident of our existence is crowned with the certitude of its end from the start. Why, then, are we always so shocked by the finitude of all we hold dear and, above all, by our own mortality? Few are those who can say with sincerity, like Rilke did an exquisite 1923 letter, that “death is our friend precisely because it brings us into absolute and passionate presence with all that is here, that is natural, that is love.” Instead, we spend our lives shuddering at any reminder of our inevitable end, unsalved by the miracle of having lived at all.
Montaigne articulated the central paradox of being perfectly in 16th-century meditation on death and the art of living: “To lament that we shall not be alive a hundred years hence, is the same folly as to be sorry we were not alive a hundred years ago.” Still, lament we do, and some of our greatest art gives voice to that lamentation.
That paradox is what Strand explores with transcendent courage and curiosity in his poem “The End,” found in his "Collected Poems" (public library) - the trove of truth and beauty that gave us Strand’s love letter to dreams.
In this hauntingly beautiful recording, courtesy of The New York Public Library, an aged Strand reads his poignant poem shortly before he repaid his own debt to mortality:
"The End"
by Mark Strand
"Not every man knows what he shall sing at the end,
Watching the pier as the ship sails away, or what it will seem like
When he’s held by the sea’s roar, motionless, there at the end,
Or what he shall hope for once it is clear that he’ll never go back.
When the time has passed to prune the rose or caress the cat,
When the sunset torching the lawn and the full moon icing it down
No longer appear, not every man knows what he’ll discover instead.
When the weight of the past leans against nothing, and the sky
Is no more than remembered light, and the stories of cirrus
And cumulus come to a close, and all the birds are suspended in flight,
Not every man knows what is waiting for him, or what he shall sing
When the ship he is on slips into darkness, there at the end."
Complement with the lyrical "Duck, Death and the Tulip", Marcus Aurelius on mortality and the key to living fully, and the great Zen master Seung Sahn Soen-sa’s explanation of death and the life-force to a child, then revisit Strand’s celebration of clouds and everything they mean."
Chet Raymo, “Try To Remember…”
“Try To Remember…”
by Chet Raymo
“In a sleepless hour of the night, I was trying to remember the last name of a person I have known well for more than forty years. When my spouse stirred in her sleep, I asked her. She couldn't remember either. One again I started mentally through the alphabet. "I think it starts with B," I said. Ten minutes later she rolled over and said, "The next letter is R." Bingo! The name popped into my head. Or I should say, "popped out of my head." Because it was in there somewhere, recorded in a tangle of neurons as materially as if it were written on a piece of paper.
•
Graphic: Salvador Dali, "The Persistence of Memory"
The Poet: James Baldwin, "Amen"
"Amen"
"No, I don't feel death coming.
I feel death going:
having thrown up his hands,
for the moment.
I feel like I know him
better than I did.
Those arms held me,
for a while,
and, when we meet again,
there will be that secret knowledge
between us. "
- James Baldwin
“There Was A Tale He Had Read Once..."
“There was a tale he had read once, long ago, as a small boy: the story of a traveler who had slipped down a cliff, with man-eating tigers above him and a lethal fall below him, who managed to stop his fall halfway down the side of the cliff, holding on for dear life. There was a clump of strawberries beside him, and certain death above him and below. What should he do? went the question. And the reply was, Eat the strawberries. The story had never made sense to him as a boy. It did now.”
- Neil Gaiman
"They Are Saying..."
"When people pile up debts they will find difficult and perhaps even impossible to repay, they are saying several things at once. They are obviously saying that they want more than they can immediately afford. They are saying, less obviously, that their present wants are so important that, to satisfy them, it is worth some future difficulty. But in making that bargain they are implying that when the future difficulty arrives, they’ll figure it out. They don’t always do that.”
– Michael Lewis, “Boomerang”
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