SECTION 8 STILL DOING GREAT

With the kids on Spring Break, we took a three day weekend in Wildwood. Today was beautiful. It was nice enough to ride our bikes to the lighthouse and take a nice four mile hike on the boardwalk. Easter Sunday’s weather was dreary so we did some bowling at the Wildwood Bowl and almost won a trivia competition at Owens Pub in North Wildwood while watching the Flyers make a dramatic comeback to keep their playoff hopes alive. Our four year ordeal regarding our defectively built deck is over. The new deck is awesome. There was virtually no noticeable damage from Sandy in Wildwood. I hope the deck work and Sandy didn’t inconvenience my Section 8 next door neighbors. They seem to be in good spirits. For newbies, these previous articles will bring you up to speed.

http://www.theburningplatform.com/?p=32788

http://www.theburningplatform.com/?p=18085

I have nothing personal against these people. They are fairly quiet. They did move my deck chairs into my garage before Sandy hit. They are there all year and keep an eye on the place. I do have a big problem with the asshole owner of the unit -Fat Pete. I’ve given him the name Fat Pete because he is a 350 pound scumbag that isn’t capable of climbing the steps to his unit.

Pete bought 3 of the 7 units in our condo pre-construction in 2002. He flipped two (one of them to me) at a nice profit and kept one for friends and family to use. He fancied himself a real estate mogul because his daddy owned one of the biggest blueberry farms in NJ and provided plenty of opportunity for Fat Pete. One problem. Petey found himself with 8 properties in Wildwood when the housing market collapsed. He mistook a bubble for intelligence and real estate savvy. After a couple years without being able to sell any of his properties he somehow managed to get the condo next door to me approved for Section 8 housing. It boggles my mind that a condo in a resort town, located 50 yards from the beach, can qualify for Section 8 housing.

Not only did Fat Pete single-handidly bring down the value of every condo in the complex with his brilliant strategic move, but he then rented it to white trash drug dealers who harassed our tenants all summer. After a number of us threatened him with bodily harm, he gave these tenants the boot and replaced them with the family unit that currently occupy the unit. We have a perfectly able mid fifties man who is not legally employed. He drives a nice pickup truck and appears to do some landscaping work for cash payments under the table. We have his rotund loud mouthed wife who tips the scales at about 275, and drives a newer model SUV with a handicap sticker. We have an ancient artifact grandmother with a walker, who likes to chat with us, but we can’t understand one word she says. There is also a slow-witted teenager who hardly ever leaves the condo. Then there are various “relatives” or acquaintances that come and go.

And now for the best part. Fat Pete, even though he’s been getting a monthly check from the Federal government for the last three years, hasn’t made his condo fee payment for the last four years. He is $7,000 in arrears. The other six owners had to pony up $3,000 apiece to cover the difference in the insurance payment for our deck repairs and the amount owed to the contractor. Fat Pete is taking $2,500 out of our pockets by not paying his fair share. I’ve tried to embarass his fatass with a sarcastic email copied to all the owners. He makes excuses for why he hasn’t paid. I don’t care. If this asshole ever shows up at the condo, I’ll stick my foot up his enormous ass.

As I said previously, I don’t personally have anything against my Section 8 neighbors. What I do have are questions. Questions that aren’t allowed to be asked in polite politically correct company. So I’ll ask them here:

  1. How can the Federal government subsidize Section 8 housing in resort communities?
  2. How much do the Obamanistas pay to Fat Pete and how much do the tenants pay?
  3. How many people in the condo are receiving SSDI payments?
  4. Is the 1st of the month their favorite day?
  5. When did being extremely fat qualify someone for handicap parking and SSDI?
  6. Did everyone in the condo vote for Obama in 2012?
  7. Would anyone in the condo ever seek a real wage paying job if it meant their welfare checks would stop?
  8. How does a family that can’t afford to rent an apartment, with no one working, afford two vehicles, cable TV, internet service, and cell phones?
  9. Do these people feel any shame and will they ever attempt to get off the dole?
  10. Does the able bodied man pay taxes on the cash payments he receives for doing landscaping?
  11. How long can this country subsidize such behavior on such a large scale?
  12. What will happen when the millions of entitlement recipients have their cashflow cut off when the system collapses?

In the meantime, Section 8 continues to do great.

 

Reflections on the Future of Mankind – Part II

Where we’ll end up – the long view

 

by

 

Muck About

 

Part II

 

Major Wars (Civil, I and II) were fought over land, resources and loot. The crusades? Obviously religious in the history books but they were truly fought in retaliation for hundreds of years of brutal and deadly Muslim expansion from the middle East and Northern Africa into Spain and Europe. There were huge treasure hunting and resource overtones and outcomes as well.    Hey, the winner of a war gets to rape, plunder and pillage a little, right?

When land or vital resources (oil, water, minerals or land that is arable and capable of growing crops or running livestock) runs short for any given population, without action, economic activity declines, hunger and deprivation sets in and standards of living drop unto death and the eventual destruction of that civilization.

Migration and flight/fight inevitably begins as will happen eventually between Bangladesh and India – India is already building a fence to keep the Bangladeshi out (and so is Burma) and I don’t even want to talk about India and Pakistan or India and China  (although the Himalayas do provide a impressive bit of a fence!)  and most deadly of all, if the populations have not been starved completely to apathy, war will follow when countries try to annex resources, arable land, water, et al of those areas and populations nearby. War also happens when migrants clash with those neighboring peoples who are inundated by fleeing populations. This is especially true of populations trapped so far below their abilities to improve their standard of living or even survive given the slightest interruption in the food chain (by nature or politics). After all, when there is nothing left to lose and life is not worth living, why not fight?  If I wasn’t so “mature”, I’m sure I would..

Think of what Haiti would look like and be like with no relief supplies, no security, no boats or planes bringing food and water and evacuating the injured, building shelter (however slowly) and rendering medical assistance.  Civilization is miles wide but has the thickness of three days with no food and one day with no water.   In other words, civilization is not very durable if anything goes wrong at the infrastructure level.

India, China, Pakistan, Indonesia, several chunks of Central and South America and most of Africa are excellent examples of countries likely to implode if the intricate globalization of supply chains fail. As I write this, India and Pakistan have “made nice” over Kashmir all the while polishing and expanding an atomic warfare capability.

Iran may be close behind with both rocket and nuclear capability according to the war mongers among our elite powers that be (who I personally don’t trust to tell the truth if their life depended upon it!) . I can think of nothing that brings fear to my poor old black heart more than an Islamic Bomb – and it’s already there in Pakistan!

An Islamic bomb that falls into the hands of a suicide ridden Imam is one that cannot be stopped.  When an aggressor (or assassin) is willing to die in the delivery of his/her weapon, they are beyond defeat except by exceptional luck.

Control of land is the basis of the dispute in Kashmir, stirred up with the old Muslim/Hindu hatred of several thousands of years.. The next war, if it happens, will likely be nuclear in nature. Boom! Radiation and particle fallout is no respecter of national borders and the wind blows and blows in that part of the world. Let us hope that rational men can prevail But don’t bet your life on it since “rational” is not an important topic in that part of the world while “national” is of the highest priority.

Only a relative few, compared with overall population levels, within the huge numbers of people of those countries mentioned above are smart enough or rich enough to climb out of the pit. The smart Pakistani and  Hindu are the ones we see in our own diminished and ever poorer United States as physicians, scientists, mathematicians and other highly educated professionals. They have already “beat feet” to a better place. We would be much smarter to make it easier to vacuum this “cream of the crop” up for our use – but our Government is moving in the opposite direction, limiting immigration and restricting green card issuance even to highly trained scientists and engineers who try to come here (which may change in the appropriate direction shortly – I hope!).

In my humble opinion, this is so short sighted as to be classified as idiocy and incompetence.  This is a country of immigrants and constantly changing.  To deny good minds the opportunity to make us richer is – simply – nuts.  But then who ever said the Federal Government is sane..

China, at the moment, is making a valiant attempt to drag itself away from the abyss of a centrally planned economy and begins to now compete for natural resources with the rest of the developed world. They are doomed by demographics to failure as within a generation there will millions of men with no women to marry thanks to misguided “one child” policies.  Their population is aging even faster than ours which is another anchor around their national neck.

China is trying mightily to encourage wealth generation while retaining central control and ignoring human rights, environmental issues and freedoms.  I wish them lots of luck at any distance beyond the short term.

At the same time, every year, China must create 150,000,000 new jobs from a population of 2 billion and climbing. How long do you think that will last? Not very long I assure you. Don’t forget – for every Chinese who manages to raise his standard of living to the level now enjoyed by the United States, more and more pressure is put upon us economically through “globalization” and our standard of living is rapidly dropping!!.  This is now happening as we all know as higher paying manufacturing jobs have vanished overseas to lower wage countries and prices rise as competition heats up for available natural resources such as oil, copper, zinc, and steel and rare earth minerals. China has adopted Africa as its’ own playground and is investing heavily in many areas thereof to capture needed resources and doing a fine job of it too.  We fought a war in Iraq (remind me why, please!) and China is now sucking up Iraqi oil and didn’t lose a man in the process.

We, in this country are left with two wage earners sometimes working two or more jobs and prior to 2008 were borrowing more and more to maintain what is perceived to be an acceptable (i.e.”wanted”) standard of living. It is no surprise that our national savings rate was negative until recently. Now 1.0% or so —  but according to the BS numbers by the St. Louis Fed it’s 3.7%.  Wow!  Past years saw savings rates averaging 6-9%. Now we are in the midst of a financial debt/credit crunch of worldwide proportions that will insure that, thanks to misguided political efforts to “do something” and “kick the can”, we will be all be poorer by and by.

While we sometimes see media driven cheerleading of scientific and industrial production in these developing countries, the truth is that the vast majority of the population of these countries cannot and will not improve their standard of living significantly over their lifetimes or the lifetime of their children or children’s children. Resource depletion and shortages will see to it.  In most of Africa, people are doomed to live very short, nasty lives because they have never managed to progress economically or educationally (Islam has a part of the blame to shoulder here) to even start the process of climbing out of the pit they are in.  I somehow doubt that China (or anyone else) will furnish them a ladder to do it.  The Chinese are far too interested in digging holes in the ground to dredge minerals and drilling oil than making contributions to the general populations.  I’m sure the “rulers” of those dictatorships will do well, retiring to other and less savage places with suitable Swiss bank accounts.

As an aside, my Oncologist (I have CLL/Lymphoma that’s I’ve been doing battle with for 17 years – so far, I’m still here!) is a native of Haiti, an extremely smart man to whom I trust my life. He is President of a Charitable Foundation and flies to Haiti every other week.  Far away from Port au Prince, up in the poorest of poor mountain villages, his Foundation is building homes for Haitians that were displaced by the earthquake, quietly, no fanfare and no publicity.  He’s saving his own people one family at a time.  If you want to contribute, contact <http://www.haitihelpmed.org/> and you will find a true charity that’s worth your time.

Within these countries, there are simply insufficient resources and wealth to allow any but a select, very smart or very evil few to rise above the herd. The evil ones are the ones in charge who siphon off the relief efforts for their own and their crony buddies’ benefit and profits.

Eventually, as the size of the population continues to increase , the poorer masses will be heard from and that voice will be death and destruction. The fairly recent tribal violence in Rwanda (forgotten that already?  Shame on you!) that killed eight hundred thousand people is a good example – and gee whiz – in our country the Main Stream Media didn’t broadcast news about it and it was totally ignored. The exact same thing  happened in Sudan recently on a slightly smaller scale and while words and broken promises litter the bloody landscape, nothing is (or probably could) be done to stop it.  More misery and no solutions.

As an accepted fact, the poorer, less educated and more religious a country’s population is, the more offspring they will produce. The cultural and genetic drive to produce many children so that some of them may survive to hopefully take care of elderly Mom and Dad is both

irresistible and deemed necessary in these countries and cultures.

Population expansion , regardless of how fast it explodes will never overrun the Earth. Again, sooner than later, population density will contribute to our demise, either through resource exhaustion, pestilence  or war.

In the more densely populated areas of the world, pestilence is a likely result of packing too many humans in with too many of earth’s other creatures that are required to feed us. Look at China, India and Indonesia today. The National Institutes of Health openly estimates that a disease will cross over the animal/human barrier within the next few years (one already has – except it’s not sufficiently virulent to cause alarm yet) that will adapt to a human/human basis of transferal. Because this disease (such as the avian or “swine” flue) is new to the human race, no defenses are there to combat it and a vast world-wide pandemic will follow that has the potential of killing billions of humans. It is not a question of “If” this will happen, it is a question of “When”.

We were lucky with the last “swine flu”.  Will we be equally lucky the next time?  I’ll borrow a Grant Williams, “Hmmmmmm”.

One does not have to actively be involved in war to die from it, especially in our not so brave new world of nuclear and genetically engineered possibilities, biological and chemical agents none of which are contained at nor recognize national borders. The availability of such devices is only going to proliferate with time.

The new kids on the technological “better watch me” block are a totally different animals in that they can either destroy us or save us, depending upon how they’re used.

The two potential technologies with the most promise of either doomsday speculation or great advances for the human species is that of genetic modification and nanotechnology . Genetic modification has been going on in slow motion for centuries in many agricultural laboratories, gardens and kennels and is a chief reason why we are able to feed those multitudinous mouths of an ever expanding horde of people. But until relatively recently it has been used on veggies, plants, animals and trees and other slow growing and slow spreading things that offer an excellent chance of control. It has been done v-e-r-y  s-l-o-w-l-y.

Now however, we are applying genetic modification to corn, soy, dogs, cows, sheep, pigs, one monkey (according to rumor), frogs, viruses, bacteria and probably humans (Shhhh!) and now it’s being done really, really fast.  DNA and nanotechnology are two genies that are out of the bottle and racing each other to practical application.

Genetics is not a new science. Agriculture has been in the business of genetic modification for centuries and the major thing changing for them now is the speed at which these modifications can be made and tested – or not.

In days past, agronomists and animal breeders would breed and breed and cross pollinate (including sperm) and breed some more in order to select the traits in a plant, or tree or animal they desired to have. Dog owners have been modifying genes in dogs forever in order to create new subspecies of canines with critical (to the breeder) traits.   They have been successful in that dogs are the first species on Earth to totally subjugate their existence to another breed of animal – us.  They can no longer survive in the wild but must have us to nurture, feed, care for and play with them to live.

So what’s the big deal about modifying DNA or playing around with the human and plant and animal genetic makeup directly instead of just cross pollination or breeding experiments?

Well, for one thing, instead of just modifying a single species by breeding or selecting for desirable traits within that species, we now can do something better.

We can insert a gene from a luminescent insect (think lightning bug) into a frog. We get a glowing frog. How convenient! No more big lights required for frog gigging at night. (This is a true example of a genetic modification that has already been done some time ago).

The serious thing here is that we are no longer limited to single specie genetic sources for modification of a selected species. We can take a gene from a bug, virus, animal or plant and insert it into some other plant, virus, bacteria, animal or bug that is not related to the original genetic sample at all. We can now cross-modify from specie to specie and genus to genus and that is a whole new ball game.

This makes for some pretty broad experiments in modification of living things. Picture a human with owl genes – big sexy eyes and he can walk around in the dark without a flashlight. And think how the ladies will be wowed by the length of his eyelashes! How about a human with gills and a modified skin that makes him truly amphibious. Not an impossibility in the future and a great idea to populate the 6/10th of our world now under water.  Of course, I wonder what the modified human will think when he finds out about us land dwelling varieties!

There are two voices that can be presently heard on this very broad and complex subject. One voice is very loud and strident and full of end of the world as we know it screeching.

This voice includes the noisy output of all religious groups across the board and political persuasions that pander to those religious groups. It boils down to the fact that all religions are terribly threatened by the idea of us being able to grow a human being from the guts of a cell and an empty egg. Or that we may be able to modify a human being in some wild and wooly manner by inserting or removing genes of human DNA or some other species’ DNA to get something that “god” didn’t design. (Oh please forgive me for even mentioning “design”!)

You know the arguments – it’s immoral, against the word of god (used in the same sentence to try and make it sound better), tampering with nature, unnatural behavior that will lead to all manner of terrible things like designing humans to custom specifications.

Well, what’s wrong with that?

If we create a human being without “gods” help then how does the religious community make peace with something that is obviously not the work of their gods. Of course religions would either collapse or have to do big rewrites of “the gospel truth” should we discover evidence of life elsewhere in the Universe, but genetic science is here and now and SETI research is there and who knows when, so religion worries about what’s more immediate. (I love Steven Hawking’s reply when once asked “Is there a God?”. He replied, “I don’t answer God questions.”)

The second voice crying for caution has a much better point to make. It is scientific in nature and more truthful of its motives.

What happens if a genetic mistake is made that produces something that is extremely deadly or simply overwhelmingly successful and through an “oops!” or the purposeful release into the environment, we may have a big problem? Since it’s absolutely new and with no or only a partial real world genetic connection (and maybe no natural enemies), will it lay waste to us all?

That is a distinct possibility and examples of such experiments have already happened several times, though none of the results have escaped into the environment.  It has been dubbed “The Grey Goo” result of a too successful genetic or nanotech creation.

Experimenters at research laboratory at a University in Canberra, Australia, were working with a non-human disease called mousepox in hopes of discovering a way to control a hugely excessive and annoying mouse population in Queensland by preventing mice from reproducing. Mousepox, in itself, is a more or less innocuous virus that only affects mice and is not deadly even to them in its native form – kinda like human flu. You catch it, live with it and pretty soon it goes away unless you’re very young or old or have a crippled immune system.

These experimenters modified one single gene in the DNA of the mousepox and then grew some of the resultant mutated virus. To their astonishment ( and horror I expect), when introduced to the lab mice, it killed every mouse in the lab, quickly and thoroughly and mice given vaccine against the pox died just as rapidly.

I do not know the rest of the story as it vanished from scientific magazines and the MSM and I haven’t bothered to be a detective, but I would be very surprised if the lab was not decontaminated and stocks of the modified mousepox summarily destroyed (I hope).

For further information feel free go to Google and search “mousepox mistake”.

Think about smallpox being modified in the same manner. It affects humans and is an absolutely horrible killer. A university research laboratory in the mid-West has modified a gene within the smallpox virus to produce a protein that (get this now!) assists the virus in overcoming the human immune system! They insist (rightly so, I think, even though it makes me sick!) that in order to fight the virus they need to know what makes it tick. But now that they recognize this genetic bomb they’ve made, they say it is a possibility they “may be able” to modify the protein to enhance the human immune system to fight smallpox instead. Jeebus, I hope so. Smallpox is bad enough in its generic form.

Researchers at the University of Kyoto in Japan were recently working on a variety of HIV virus to investigate whether genetic modification by insertion of a human protein producing gene would slow down the virus by stimulating the human immune system. Instead, the mutated HIV virus they created was a super HIV virus that was much more virulent that any of the five strains of “common” HIV. It reproduced at lightning fast rates and was, in essence, a super killer. I hope they burned that one up too.

And all this is lurking out there right now. Today. And there will be much more on tomorrow’s menu!

Again, world renowned theoretical physicist Steven Hawking once said that unless the human race escapes the Earth’ gravity well and establishes itself on other planets or satellites within the solar system, that we would likely be extinct within 200 years from introduction, either by accident or design, of a genetically designed disease or a bioweapon run amok or simply an accident that escaped into the environment.

Steven Hawking is no dummy and when he fears something, I’m terrified of it (and so should you be!).  I think his “200 years” is much too conservative and a shorter 50-75 years should be used instead.

Yet there is no way to ever stuff a genie back into the bottle. Whatever tools humans discover, design and fabricate, they use. Whatever weapons humans design and are capable of building, they will use it; be it nuclear, biological, genetic, chemical or anything else..

As an aside, I am all for genetic redesign of humans myself.    How about humans that are genetically designed to thrive in zero G? They would be the ones to lead the way to the stars. When or if we reach the stars, who is to say that planets circling those suns will be compatible with our native and fragile human physiology? The odds are heavily against it. If we are able to genetically modify human beings, we can then populate those otherwise unlivable planets by literally making humans to match the environment of the world we wish to settle.

Would these genetically modified “people” still be human? Of course they are. They are based on human DNA and because they are designed for the world on which they live they are – surprise – exactly like we are. We evolved within our environment so that we are, if not perfect for the world on which we live, are at least well accommodated by it. All we would be doing is the same thing for extraterrestrials, only faster. What’s wrong with that? (But would they appreciate being modified when they grow up and find US here? Ah! That’s the question!)

I also have no objection to genetically designed trigger drugs or stem cell therapies that will cause the body to repair specific breakdowns within itself or stem cell generated spare parts that can be developed from cells of my own body to replace a failing heart, a bad kidney or a liver or an ear. Anything to allow me to live longer than my scheduled three score and ten would be welcomed! (Which I’ve already exceeded by a good number of years!)

I have no objection to custom DNA modified and genetically tweaked embryos to allow parents to pick a brown/blue/green/violet eyed, blond/red/black/brown/straight/curly haired, boy/girl baby that will have an IQ of 200+. Or one genetically enhanced so the child will never require a vaccination or fall prey to any currently known disease.

Would there be abuses of genetic modification of human embryos? Of course there will. So what?

If society determines that these rogue modifications are a bad thing, then catch those who are doing the bad thing and take their genes away from them – permanently – preferably by gentle lobotomy. But don’t trash an entirely new and most valuable science to keep out a few bad guys.

Why should anyone object rationally to such developments? All that would happen, if such genetic modifications were done would be the passing of some superstitions which, in my opinion, is not a bad thing.

The current political/religious/ethical debate (ethical being an interchangeable word for religion in some conversations but being pushed as some undefinable but separate discussion) is nearly 100% against genetic modification of any sort in order to save current religious beliefs and organizations from collapse.

But that mischievous genie is out of the bottle and countries ruled by little minds and populated by less than rational people that prohibit the continued research into cloning, stem cells and genetic science are destined to fail in that attempt.

Bad laws drive out good people and the experimentation and perfection of such techniques will merely go over the border, leaving the prohibiting country at an eventual huge disadvantage and unable to benefit from the great and wonderful things (and, I’m sure, suffer some bad ones as well) that will come from such research. Which is where the United States would be right now except that the science of stem cells has figured out a way to make an end run around the use of embryonic cells.  Now skin cells can be modified into stem cell fairly well and others advances will follow rapidly if quietly.  Eventually, if all works well, the sources of stem cells will become irrelevant.

Yet those countries who prohibit the science are at exactly the same risk from the mistakes, errors and potentially evil uses as are countries who sanction the research.

Cool, huh. Prohibit genetic research and loose an enormous range of benefits while risking the same disasters as if you hadn’t banned it! It sounds like something politicians are good at.

My thinking on the subject is that it would be far better for us (we are the good guys, even if we are fading a bit) to know all we can about genetic modification, DNA manipulation, stem cells and the whole nine yards, thereby being far better prepared to deal with the potential buggers that lurk therein and thereabout.

Genetic research is just like anything else the human race has come up with.

Prostitution for example. Far better to acknowledge its existence and its necessity in the scheme of things human and allow it to do business openly with as little hindrance as possible. Regulate it only as much as is required to protect the participating public and do that only based on scientifically peer reviewed evaluations of actual (not perceived) dangers. I know – fat political chance of that ever happening.

As yet another short aside, I once managed a NASA Site on top of a mountain near Ely, Nevada. Nevada enjoys the legal, supervised and regulated operation of brothels. In my three years of living in Ely, which had three houses of prostitution at the time, there was only one case of a sexual nature brought before the people’s court. It happened that a cab driver picked up a lovely young lady as a fare and during the ride, exposed himself to her in an obscene manner. The young lady, outraged by such crass behavior, turned in the cabbie who was subsequently arrested and fined appropriately. The young lady was employed by the Green Lantern as a prostitute and obviously preferred to leave her work behind when she was off shift (so to speak).

I was raising two teenaged daughters when we lived in Ely – which is tough mining town with a lot of transients. I never worried about them a minute when they were out and about as far as anyone accosting them or doing them harm. It just didn’t happen there (or anywhere else prostitution is legal and practiced openly and policed).

Tells you something about “morality” doesn’t it??

End Part II

Click here to read Part I

Reflections on the Future of Mankind – Part I

 

Where we’ll end up – the very long view.

by

Muck About

Part I

 

I am of the opinion – born of what I feel is a long, productive existence and a life that has been one extended study-hall of immense satisfaction – that unless the developed countries of this world and those people who live therein rapidly modify their actions and priorities, we humans are doomed to be yet another Earth dweller that will sooner than later vanish in a like manner of the Neanderthals, dinosaurs, dodos and the multiple thousands of other species that have dominated or lived upon and disappeared from the face of this Earth.  I also feel this modification of the current “Growth, Growth, Growth Forever” attitude and actions will and can never happen and the fate of the human race is not in doubt; we will be extinct (or hugely reduced in numbers) far sooner than anyone today believes or even considers.  We have already exceeded the sustainable rate of extraction and usage of resources of our small blue planet – including water, mineral and agricultural and further expansion of such resources will be at a very high price of not just money, but environmental cost as well – much higher than local populations can afford.

Not a cheerful way to start an thought exercise article, is it?

We will very likely be extinct or existing at significantly reduced numbers in a much shorter time frame than the dinosaurs (after all, they lasted millions of years) because of our own extraordinary technical skills, questionable intelligence  and the equally extraordinary stupidity of our beliefs, behavior and inability to really accept the limits of growth, cooperative problem solving across nations, the human beings central drive of “I’ and ”me” and the simple fact that there are too many rats in the box. That is, too many bodies worldwide to support, having exceeded resources and to get along with each other.

Dinosaurs topped the food chain on earth for many millions of years before they just happened to be riding this big blue and brown rock that was in the way of a not-so-big asteroid that put them all out of business along with about 90% of all other life on Earth and in its seas. Small mammals escaped this holocaust in some areas through fortuitous location and pure luck which allowed further evolution to eventually lead to us.

I feel it will not be long, by any measure of time, much less cosmically speaking, before the last poisoned and diseased band of nomadic humans fall, one at a time; until the last man, woman or child dies.

Mother Earth will get along without us just fine and in a few hundred thousand years, an alien visitor might not be able to find more than a few concrete (no pun here) remnants of the race that once ruled the world..

That lonely, painful and pitiful ending of the human race will occur on this Earth relatively soon and it is very likely,  no matter what we do. How sad it is.

As long as mankind relies more on maximized economic growth, superstition, wishful thinking and short term selfish personal gain than fact and science and an awareness of species survival, we, as humans are simply dead and don’t know it yet. Unfortunately, capitalism as an economic system is far too successful at generating wealth and growth and scientific progress than it is at focusing on the long term survival requirements of future generations and the human race in general.  Capitalism is the philosophy of profit right now, growth, capture of natural resources and never thinks for a moment of tomorrow – much less the long view of species survival.

I think that John Maynard Keynes statement, “In the long term we are all dead.”, should be interpreted in a much stricter manner than he intended. No doubt, shorter term too.

There are several areas where general modification of human behavior is required sooner than later merely to slow down the extinction  of the human race. Not to keep us alive here on Earth, you understand, but to slow down the process of killing ourselves while we can take action to prevent racial extinction.

First on the list of things to try and deal with is that infamous bugaboo “global warming”.

The subject of global warming is guaranteed to either bring yawns from those who have heard the arguments before and are bored to tears by the mention of it or screams from those who are passionate in their desire to have us all ride horses (which produce methane – another greenhouse gas) or walk everywhere we go and burn supper over a renewable energy source. It seems that the subject is too big for consensus by those knowledgeable enough to study and understand the data,  much less achieve any understanding by the great masses of people in the world who are not at all scientifically literate nor think with any critical ability and rely on “allah”, “god”, “government” or their so called “elected” (which is a joke all in itself) representatives to do their thinking for them and to determine their fate.

Scientists have proven without doubt that global climate change is a reality. The fact that anthropogenic heating of our atmosphere and oceans is not in question. Why it is happening is being debated (to death) and is, in fact, of no consequence whatsoever..

From temperature records recovered from Arctic and Antarctic ice cores, tree rings, ocean bottom cores, permafrost, ice sheet boreholes in Greenland the Antarctic along with other sources, science has proved beyond any doubt whatsoever that the current warming trend we are experiencing is not unique in our Earth’s history. Earth has heated up and cooled off relatively rapidly many times before, the last ice age terminating a mere 11,000 years ago – less than a blink of the eye as far as geological time is concerned. Barely time, in fact, for the ice to melt from between the toes of the last Neanderthal (which happened to be another failed experiment on the branching tree of evolution) and permit modern man to waltz onto the scene.  In fact, there are some facts that more than suggest that modern homo sapiens had a little hanky-panky going for them with Neanderthals on the way by!  We share DNA with Neanderthals and that can happen only one way!  We were likely smarter than our predecessors and just bred them out of existence. We’ll never know for sure but science is making great strides to try and find out.

Science has also proven that the major reason why our atmosphere and oceans are heating up this time is because humanity is burning fossil fuels at a furious rate while eliminating carbon sinks (such as rain forest) at the same time.

In fact, a close look at the temperature records hint that we may have been starting to slide into another mini-ice age way back in 17th century or so and the industrial revolution in the 19th century stopped the trend cold (pun intended) and reversed it.

Existing and efficient carbon sinks such as the oceans are becoming warmer, they are expanding as they warm and they are becoming more acidic from CO2 absorption much faster than predicted.  This, in turn, kills corals world wide, modifies mating capabilities of fish and is killing even the krill in Antarctica which ends up destroying the basis of our own food chain. Such destruction is causing an unholy mess in the Arctic as the ice melts, polar bears starve and all the Nations with Arctic Ocean frontage are fighting over who gets to drill and plow up the now open Arctic Ocean floor firstest and mostest!

Those fossil fuels lurking hither and thither under the Arctic seabeds, Canadian tar sands and elsewhere have accumulated in the Earth’s crust over millions of years. It took hundreds of millions of years for natural evolution, climate change, decay and huge pressures to form and store the hydrocarbon deposits and the deposits of chill, semi-stable methane hydrates now laying about on the Arctic seafloor. We are burning the oily portions of these hydrocarbons up billions of times faster that it took to create and store them in the first place. And another thing:  It doesn’t make a damn bit of difference whether we burn coal, oil in either its’ “natural form” or refined as gasoline or “natural” gas.  They all end up emitting CO2 and assorted pollutants such as soot when burned.  Period.  Further and even more serious, when the oceans warm sufficiently, those frozen methane hydrates will begin to evaporate, bubbling methane up and into the atmosphere.  A Summer occurence in the Canadian North every year! Methane is a much worse greenhouse gas than CO2 and will, in turn, accelerate greenhouse effects.

Fossil fuels are literally giant storehouses of carbon which is a component of hydrocarbon fuels that results in carbon dioxides, soot and monoxides when it’s burned. These hydrocarbons are locked into safe forms such as carbonates in rock and soil and sea bottom, oil and natural gas, methane in solid deposits on the floor of the oceans (the previously mentioned methane hydrates) in the Arctic and elsewhere and they were all placed there by natural processes that happens to lock up the carbon far from Earth’ atmosphere in such a way that it can’t cause trouble. Too much carbon dioxide or methane in the atmosphere (along with other more esoteric gasses both naturally occurring and of human creation) and we get the overused and abused “greenhouse effect”. More solar energy is absorbed by the atmosphere, ground and sea than can be radiated back into space, or otherwise dissipated.

It is also a demonstrable fact that in the past, rising temperatures of the Earth’s atmosphere and oceans are very capable of suddenly tipping Earth’ climate into a cooling phase that will eventually end up as an ice age. This transition into a cold phase can happen in as small a span of time as a decade.  When and how fast are unanswered questions, we only know of rapid oscillations in the geological past.

The observable fact that Earths’ atmosphere and ecology is a dynamic one versus something static, makes it very probable, barring the poisoning of those organisms that transform carbon dioxide into oxygen that we will never attain or even closely approach the status now existing on Venus. Venus is an example of a static environment and the “greenhouse” effect taken to extremes but it is very likely that Venus also never had the ecological opportunities of a closed oxygen/carbon cycle or even possibly plate tectonics and vulcanism in the first place. This last statement is still subject to some scientific argument but the arguments “for” are too weak to convince me.  The planet is too close to the Sun and too hot to start with.  A trip to the planet will be required to determine if plate tectonics ever had a chance to modify the surface features of the planet or not.

Mars likely had such a carbon/water (and even oxygen) cycle millions of years ago. We know there are vast quantities of water ice merely inches below the surface of Mars and it once flowed as liquid on the surface. Recent instrumentation mining on Mars has proven that drinkable water was, at one time, plentiful on the surface of Mars and I suspect that sooner or later, hard evidence of extraterrestrial life will be discovered.  Our robot explorers have found pretty absolute proof that liquid water once flowed on the surface in large quantities and that in numerous locations, contitions were favorable for life formation.

Methane has been detected in Mars’ atmosphere – and methane must be renewed in some fashion or it oxidizes and  vanishes over time. Most likely Mars’ water ice came from comet impacts and other infall from space over time as it did on Earth and was possibly, though not proven, maintained by an oxygen/water/carbon cycle such as we have today. Over time, due to lesser gravity, weaker magnetic field (more on this later) and less solar heating, the cycle was gradually broken and the atmosphere leaked away into space, leaving frozen water behind as a clue to what used to be.  Whether life had time to evolve on Mars has yet to be answered — but I’d bet yes.

However, on Earth, should those organisms that convert carbon dioxide to oxygen fail in their job, the ever greater buildup of carbon dioxide would indeed eventually turn the Earth into a static, blistering no-life world as more and more solar heat is captured, unable to radiate back into space and sooner (astronomically) than later, alter the very basics of the physics of our planet’s ecosystem.  We will be long gone before that happens.

How do I know personally that global warming and ocean expansion is alive and well? I went to Kwajalein Atoll in the Marshall Islands back in 1973, and worked for five years at the Biggest Bullseye in the world which was the terminus of the Pacific Missile Range that was located there. Twice a month (lesser) and twice a year (major) depending on the sun and the moon’s relative positions with regards to earth, there would be extraordinary low tides – just perfect to walk the reefs between islands searching for shells and to observe the wondrous sea life that inhabits the reef. Twice a year, during these extra low tides, the sea would actually recede to the extent that the reef surface was bare – no water at all – and the salt water would flow beneath the surface of the reef so one could stand quietly and listen to the reef “talk”, bubble, moan and gurgle as water made its way into and out of secret and normally flooded passages.

It was a magic place to live in more ways than one.

I returned to Kwajalein a second time in 1995, some 16 years later. No more does the reef “talk”. No more is the surface of the reef laid bare during these twice-monthly or twice yearly low tides. Now, at the lowest tides of the year, 12 inches or more sea water flow across its surface, drowning the magic singing of the reef. The Pacific ocean is rising as are all the oceans of the world. In the mid-1990s, on Kwajalein and other Marshall Island atolls, barriers had to be built along the windward side of these low islands. Storms waves that normally broke against the protective barrier reefs now sometimes flow clear across these low islands from the ocean into lagoons, uprooting trees and making permanent habitation impossible.

In another 30 years or so, these low islands will likely be gone forever, completely submerged or at the least uninhabitable because of storm surges that put the islands completely awash.

On average, the seas have risen 7-10 inches since accurate sea level measurements have been available (since radar bearing satellites refined the data).  That’s a lot of water, all of it from melting ice in Greenland, the Arctic, the Antarctic and glaciers.  Floating seas ice doesn’t count as it displaces as much water as is contained in the ice itself so sea ice melt is a null factor.

Further, last week (2/9/2013) a report was issued by climate  scientists and oceanographers that there will be further two foot rise in general sea levels within the next 30 years.  The particular study was a risk analysis of sewage treatment plants in Souther Florida and showed that within 30 years, most of Southern Florida and the three major sewage treatment plants will be isolated on little islands as the water rises.

Seas are rising roughly three times as rapidly as initial scientific estimates.  Get that?  THREE TIMES AS FAST!!

Of course, it won’t take 30-40 years for sea level rise to make itself apparent as storm surges and tidal action will disable these sewage plants, ports and much of populated Southern Florida.  there will be large tracks of land from the Gulf Coast through New England that will also be made uninhabitable (including NYC), as this general rise in ocean level progresses with as much impact, over time, as ice sheets durning an ice age.

Katerina, Hurricane Sandy, Staten Island and Long Island are excellent examples of storm surges couples with rising sea waters and how storm surges will eat us alive as time passes whether we “believe” in global warming or not!

This is all not to say that periodic changes in the Sun’s intensity, Earth’s orbital variations and a natural warming period of our Earth is not a contributor to the problem but we’re doing the most damage faster than natural changes in nature can do it.

If you take the trouble to study the a graphic of CO2 and methane concentration in the atmosphere over time, the ever rising levels of greenhouse gas is directly coupled to the Industrial Revolution starting in the mid-19th Century, with exponentially rising populations and the burning of fossil fuels. The effect is too obvious to be disputed.  We may be experiencing a normal solar cycle of earth heating and cooling but many scientists, myself included, feel that without human input to atmospheric heating, we’d already be 150 years into the next ice age.

These rising oceans will slowly make themselves felt along all continental coastlines world wide with Katerina, the destruction of New Orleans and the recent destruction along the New Jersey and New York shores from Sandy as dramatic examples.  Believe me when I say that New Orleans was only the first mega-distruction of an urban center.   New York and New Jersey followed and more will happen based on the luck of steering winds and Hurricanes and storms.  Next will come Miami (as explained above) or Corpus Christi, Jacksonville or Charleston, Houston or other coastal cities along the Gulf and Eastern Seaboard all depending on the capriciousness of rising sea levels and nature.

It will not be wind and tornados that do the damage but storm surges riding atop the tides that will provide the mother of all destruction of ocean front properties and the death of millions who cannot or don’t flee these storm surges in time.

Whole countries most likely to die first are the low, marvelously beautiful islands of Bahamas, Pacific and Indian Oceans that reside on both sides of the equator. They are mostly poor, sparsely populated and easy to overlook and ignore. Some of these island nations are now in negotiation to move their entire population to a mainland country.  Do you truly think this would happen if seas were not rising?

The biggest country at risk is impoverished Bangladesh. This hapless country, carved from India first as Eastern Pakistan and then as an independent nation is geographically situated on the delta of the Ganges River. Almost the entire country is only a few feet above mean high ocean tide. The Bay of Bengal into which the Ganges flows, is the home of the nastiest tropical cyclones you’d ever not want to see.

This country is doomed and so are the people in it that do not migrate.

When I was a boy, raised in Mississippi and Northern Florida, there was a poem about hurricanes we knew by heart:

June- too soon

July – stand by

August – it must

September – remember

October – all, over

 

Not so 65 years later. Now hurricane “season” starts the first day of June and ends the last day of November. Soon hurricane season will start in May and end in December. This poem, as originally composed, is no longer applicable.

So is global warming a doomsday threat? I doubt it. We will never do anything  to slow it down. We will experience flooded coastal cities and huge loss of life and economic disaster long before we’ve admitted and contained the ramifications of what we have done and Mother Nature has done in response.  What we desperately need to do on a global basis is to stop arguing over “whether global warming is real”, regardless of what caused it and start figuring out what we are going to do as a race to deal with what’s coming. We must not continue to argue and fuss over whether or not it is coming because it is.

So instead of arguing about whether “global warming” and all its ramifications is a fact, we simply need to start working on how we are going to deal with it.  Period.

The next thing on the list of doomsday subjects we need to recognize is population expansion.

The problem of too many people has been beaten to death in debates and is generally now ignored. It is a calculable fact that if one conservatively projects current world population growth for another 150 years, all things being equal in logistical support, food and such, the people at that time would be literally shoulder to shoulder covering all the exposed land masses on Earth. Way too many rats in a box.

Of course, this won’t happen. Paul Ehrlick and others predicted catastrophe years ago from population growth due to the lack of our ability to feed all those hungry mouths. That hypothesis that gathered rust in the junk heap of failed extrapolated predictive theories and a bad timing call is not being resurrected as better communication and surveys show that poverty and hunger are not expanding in lesser developed areas of the world. For some interesting exceptions : see Collapse: How Societies Choose to Fail or Succeed by Jared Diamond.

I personally think Mr. Ehrlick was simply too early in his predictions as was Mr. Malthus.  (Timing is a bitch!)

We are not exempt from resource exhaustion, hunger and poverty as our population continues to increase – first and not the  least in the so-called developing world.  Most of the developed world, The United States, Japan, Europe, Russia and China have entered demographic Hell and are losing productive population much faster than natural birth rates are renewing them.  The developing nations of the world – at the top of the heap –  are doomed to be populated by smaller, younger, stupider and less educated populations and much larger non-productive aging populations as time goes by – and it will happen faster than anyone realizes.   Unfortunately, the undeveloped (3rd World) countries and even as few mid-developing countries have populations that are expanding far faster than their abilities to house, feed and support them.

Technology, yet again to the rescue, is continually providing the means of higher agricultural production with lower costs with genetically modified bread and beans and there is no reason to believe this increase in agricultural productivity will slow down in the foreseeable future. (Barring tragic mistakes – but we’ll address that later).  It will also place these countries at the mercy of Monsanto and other hybrid seed producers, forcing farmers in the those country to use genetically modified seed every years instead of harvesting their own seed crops for the following years.  This will not end well.

Today, there would not be a hungry child or adult on the planet if the infrastructure was in place to enable delivery of food staples to the general populations of those hungry countries. In those countries where starvation is a real problem, the political barriers of civil wars, ruthless warlords, tribal leaders, religious genocide and greedy, immoral politicians are a much bigger barrier to distribution than lack of roads, bridges and other infrastructure.

Because of our (so far and failing) ability to feed more and more people, starvation has turned into a political problem, not one of food production.  At least for the next decade or two.  One severe world wide crop failure due to changes in climate and rainfall (not only likely but probable) can overturn things in a single growing season. So far, we are growing agricultural products in a distributed fashion to sufficiently buffer such changes but that is likely not to last as planetary climate change modifies atmospheric jet streams, storm patterns and wet/dry seasons all over the Earth.  Not to mention political use of food as a weapon as time goes on to wage war against those populations deemed a “bother” or perhaps considered to be hindering the continued expansion of developed nationality of advanced countries.

The higher productivity of agriculture is the reason why population density and growth has fallen off the table as a popular subject to debate (temporarily), even though it is still a vitally important subject of discussion and study. Additionally, religion that espouses moral opposition to birth control in any fashion (including abortion) is spreading throughout religiosity in both developed and developing areas of the world even as the USA swings to evangelical prominence.   Muslim populations are exploding.  At the same time, women’s rights are swinging to the fore and will probably win in developing countries, given the endurance and really tough female humans’ determination for self-direction.  In Muslim directed Islamic countries, no so much and we war may come in the long run pressured by population growth within less educated, highly religious and much poorer developing countries.  It appears that developed and more educated countries will simply commit suicide by birth rates so low as to limit their ability to hold their own against both legal and illegal immigration.  At that point, the original settlor’s of such developed countries will simply be overwhelmed by new comers, poorer, more ignorant but in over whelming numbers.

“Por español, oprimo numero uno.”

Worse luck, that, and our great-grandchildren will live to regret it as one result will be the lack of new workers to finance their old age.  And they will recognize the fact, slowly but surely.

On the other hand, one plus to the equation of population control lies in the developed countries better treatment of women including education.  The more educated a woman is, the fewer children she will likely have, which contributes to both the good and the bad of it all.  That is one reason that, in my humble opinion,  Fundamentalist Islam in any number of its’ incarnations is quite evil and immoral for they forbid females any control over their own bodies and forbid any education at all for females if they can manage it.  That is also why they will eventually fail ideologically as they are wasting one half of their population’s brainpower, creativity and soothing effects of feminine thinking and abilities by suppressing female education.  Islam is, sadly, at its’ base, a religion of death and world conquest, driven by selfish and ignorant men, bent on forcing the world to think and act as they do.  Islam has been fighting this war for several thousands of years and there is no end in sight. The EU is the latest to experience Islamic immigration and will rue the day they began pandering to this fundamentalist surge.  I await the outcome of that situation with non-baited breath..

What is far more likely the result of continued developing (as opposed to developed) national population expansion is war. Wars are fought over possession and control of land and resources, one of which is fixed and the other being used up and declining. There are, of course, other excuses for fighting a war, such as wars based upon tribal or religious differences or the simple urge to rape and pillage, but throughout the history of human conflict, the need for control of land and the resources thereon is the basis for war.

Need I illustrate? The Iraq “wars” were over oil and ego and failed thinking. We now have no presense in Iraq and it is now slowly slipping back into savagery as Shiite/Sunni warfare is increasing there daily and soon the Shiite majority in Iraq may join with the Shiite majority in Iran to form a new basis for Islamic expansion (i.e. Iraq/Iran = New Persia) with a large die off in Sunni Muslims in the process.  Not conducive to production of wealth or knowledge (or oil) in any way or form for either country. (besides, China is buying all the Iraqi oil they can lay their hands on – at our expense. Is that stupid or what!!).

WWII was over oil and mineral resources – Germany wanted them and had no way to pay for them after the ridiculous repatriation and “pay back” conditions placed upon it post-WWI.

WWI? Again, over resources that were unevenly divided in the then politically defined Europe. Vietnam and Korea? Artificial wars created by political stupidity in splitting up spoils of WWII. Vietnam and Korea were similar to the Middle East conflicts as after WWII the Middle East was carved up (mostly by the British, Stalin and FDR) into “countries” and no heed was paid to tribal differences, logical borders or past history.

In the Mid-East, this had to lead to the pain and agony that we are witnessing today as Islam fights to bring these tribal differences to heel under a crushing 1600th Century set of rules in a 21st Century World.

End Part 1

 

 

To be continued.

 

 

WILL GOD BLESS AMERICA? SAVE US FROM DESTRUCTION?

First of all I am an Agnostic, but one who is open to some Christian beliefs. Second, I do NOT want this to become a debate whether or not God exists. So, you rabid atheists can go pound salt. But feel free to participate if you can suspend your disbelief momentarily, and accept the premise, “God is.”

I have pondered the idea of whether or not God blesses nations for decades, even before I wandered away from the faith. What brought the idea back to my mind’s eye more forcibly again was Obama’s recent trip to Israel. He closed his ridiculous pontificating with, “May God bless you. May God bless Israel. May God bless the United States of America”. (To hell with the mooslims, I guess.) Obamadevil calls upon God to bless America constantly. Will God answer, “OK!”?

According to Barna Research about half of all Americans consider themselves “born again”. I know how these people think. They believe God is involved in all things America; from its past glory to its future redemption. Perhaps that’s why we have so many sheeple …. it’s pretty damn easy and convenient to not do anything when you believe that God will sort everything out.

I’m not going to examine the hundreds of applicable scripture verses. (Thank God!!) Just two of the more popular ones will suffice. It sure seems like God, indeed, blesses America.

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“Blessed is the Nation Whose God is the Lord” ———— Psalm 33:12

“If my people, who are called by my name, will humble themselves and pray and seek my face and turn from their wicked ways, then will I hear from heaven and will forgive their sin and will heal their land.” ———— 2 Chronicles 7:14:

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The other side of the coin question is, “Does God curse nations?” Various born-again preachers have pronounced that God has cursed America for a variety of “sins”. Jerry Falwell said God cursed America because of abortions. Others give popular reasons such as; Sodom and Gomorrah-like promiscuity, taking prayer out of schools, homosexuality, worshipping money, and, well … the list is nearly endless. Like, this one from Pat Robertson, who after Haiti’s devastating earthquake said it was God’s curse on Haiti …. for getting rid of the French!! You can’t make this shit up. (I know for a FACT that God hates Frenchies. It’s in the Bible. One of God’s plagues upon Pharaoh was what? Froggies!!! Case closed. )

“Something happened a long time ago in Haiti, and people might not want to talk about it. They were under the heel of the French … and they got together and swore a pact to the devil. They said, ‘We will serve you if you’ll get us free from the French.’ True story. And the devil said, ‘OK, it’s a deal.’ Ever since, they have been cursed by one thing after another.”

Again …. from the perspective of a non-believer, talk of God cursing or blessing people or nations is absurd. But for genuine Christian believers … (those who believe the Bible) … there is nothing absurd about the idea of God blessing or cursing nations.

Some believe the Founding Fathers established a Christian nation, which God then blessed. For example, John Adams cautioned that our government is wholly inadequate for a people who are not moral and religious. However, the degree of liberty Americans have enjoyed is dependent on a government that treads lightly … not on a certain group of people praying on their knees. Adams believed a government can tread lightly without inviting chaos and license only in a society where the majority of the people obey the law voluntarily, not simply from fear of punishment. His error was that he believed only Christians can obey laws voluntarily because only they are aware of their accountability to a Higher Transcendent Moral Order (God) for the way in which they live their lives.

Even if Adams was right, what does it actually mean to ask God to bless America? What “America”? Is it a piece of geography? If we invade Mexico and basically exterminate them (like we did Native American Indians) does that mean God blessed America … even though most all of Mexico is also Christian? Aren’t we asking God to treat America better than other nations, especially other Christian nations? Why would He do that? On what basis?

I think the story of Sodom & Gomorrah better exemplifies what most Americans think God’s Blessing means. Abraham was able to bargain with God to spare the city. God agreed to spare the city if even only 10 righteous souls were found therein. Archaeological evidence suggests the population to have been around 1,000 souls, give or take a few hundred. So, it’s safe to say God would have spared S&G if the righteous in the city was only 1%. Yes, that is the Christian hope for America. The verse from Chronicles listed above is often used as further proof for it reads … ““If MY people, who are called by MY name …”. You see, it doesn’t matter how many heathens inhabit America. As long as the REAL Christians, even if they number as few as 1%, turn to the Lord we shall all be blessed.

Unfortunately, this belief ignores a pretty major biblical truism; GOD HATES COMPETITION. This pretty much puts the U.S. Constitution at odds with the Biblical command to put God first. We pride ourselves (rightfully so) regarding our religious liberties; Christians, Mooslims, Joos, Buddhists, Satanists, Atheists … ALL are welcomed in this land, a land Christians expect God to bless.

Now put on your thinking caps and recall your Old Testament knowledge. Recall stories such as when the Jews left Egypt and very shortly thereafter worshipped a Golden Calf. Did that please God’s multi-cultural heart, or did he strike dead 3,000 Joos on the spot? Please tell me the number of times God says; “Oh, yeah. You wanna let any religion into the land of Israel? Sure, I’m cool with that!”. Did you come up with …. zero? Good for you. BTW, Jesus was even less tolerant, casting forth curses and promises of hellfire to even Joos who didn’t believe his story. So, people can claim this is a Christian nation until they are blue in the face. But when one looks at the ONLY nation in the Bible ever called “God’s people”, and the requirements thereof, then you will see America is no more Christian than Outer Mongolia, and both nations can expect similar “blessings”. None.

To which a Christian might respond; “Well, so what! Whether or not God blesses nations is irrelevant. God can and will continue to bless ME, no matter where I live!!” I won’t argue with you. I just hope for your sake that you do not equate biblical blessings with American prosperity; your mortgaged house, your cars, your toys, your job, and even your security; do you think God will send down angels to minister to you? Why, you? Wouldn’t God owe an apology to the millions who have died a martyrs’ death? So, as God looked down as Roman lions ripped into the flesh of a first century Christian perhaps He thought to himself; “Sorry Zachariah. That’s got to hurt! Haha. But, don’t worry, I’m gonna bless Mary Jones in Iowa in a couple thousand years. She’s Amurrican, ya know! I owe it to her.”

Here’s what I believe. America is on its own. YOU are on your own. God isn’t going to save you from the coming destruction. Go ahead and trust God to send your soul to heaven, but here on earth you alone better take care of your sorry ass.

QUOTE OF THE DAY

There’s a reason that education sucks, and it’s the same reason it will never ever ever be fixed. It’s never going to get any better, don’t look for it. Be happy with what you’ve got. Because the owners of this country don’t want that. I’m talking about the real owners now, the big, wealthy, business interests that control all things and make the big decisions.

Forget the politicians, they’re irrelevant.

Politicians are put there to give you that idea that you have freedom of choice. You don’t. You have no choice. You have owners. They own you. They own everything. They own all the important land, they own and control the corporations, and they’ve long since bought and paid for the Senate, the Congress, the State Houses, and the City Halls. They’ve got the judges in their back pockets. And they own all the big media companies so they control just about all the news and information you get to hear.

They’ve got you by the balls.

They spend billions of dollars every year lobbying to get what they want. Well, we know what they want; they want more for themselves and less for everybody else. But I’ll tell you what they don’t want—they don’t want a population of citizens capable of critical thinking. They don’t want well informed, well educated people capable of critical thinking. They’re not interested in that. That doesn’t help them. That’s against their interest. You know something, they don’t want people that are smart enough to sit around their kitchen table and figure out how badly they’re getting fucked by a system that threw them overboard 30 fucking years ago.

They don’t want that, you know what they want?

They want obedient workers, obedient workers. People who are just smart enough to run the machines and do the paperwork and just dumb enough to passively accept all these increasingly shittier jobs with the lower pay, the longer hours, the reduced benefits, the end of overtime and the vanishing pension that disappears the minute you go to collect it.

And now they’re coming for your social security money.

They want your fucking retirement money; they want it back so they can give it to their criminal friends on Wall Street. And you know something? They’ll get it. They’ll get it all from you sooner or later because they own this fucking place. It’s a big club and you ain’t in it! You and I are not in the Big Club. By the way, it’s the same big club they use to beat you in the head with all day long when they tell you what to believe. All day long beating you over the head with their media telling you what to believe, what to believe, what to think and what to buy.

The table is tilted folks, the game is rigged.

Nobody seems to notice, nobody seems to care. Good honest hard working people, white collar, blue collar, it doesn’t matter what color shirt you have on. Good honest hard working people continue, these are people of modest means, continue to elect these rich cocksuckers who don’t give a fuck about them. They don’t give a fuck about you. They don’t give a fuck about…give a fuck about you! They don’t care about you at all, at all, at all.

And nobody seems to notice, nobody seems to care.

That’s what the owners count on, the fact that Americans are and will probably remain willfully ignorant of the big red, white, and blue dick that’s being jammed up their assholes everyday. Because the owners of this country know the truth, it’s called the American Dream, because you have to be asleep to believe it.

George Carlin

 

AVAILABLE

“Facts do not cease to exist because they are ignored.” – Aldous Huxley

 

 

Six months ago I wrote an article called Are You Seeing What I’m Seeing?, describing my observations while traveling along Ridge Pike in Montgomery County, PA and motoring to my local Lowes store on a Saturday. My observations were in conflict with the storyline portrayed by the mainstream media pundits, Ivy League PhD economists, Washington politicians, and Wall Street shills. It is clear now that I must have been wrong. No more proof is needed than the fact the Dow has gone up 1,500 points, or 11%, since I wrote the article. Everyone knows the stock market reflects the true health of the nation – multi-millionaire Jim Cramer and his millionaire CNBC talking head cohorts tell me so. Ignore the fact that the bottom 80% only own 5% of the financial assets in this country and are not benefitted by the stock market in any way.

The mainstream corporate media that is dominated by six mega-corporations (Time Warner, Disney, Murdoch’s News Corporation, Comcast, Viacom, and Bertelsmann), has one purpose as described by the master of propaganda – Edward Bernays:

“The conscious and intelligent manipulation of the organized habits and opinions of the masses is an important element in democratic society. Those who manipulate this unseen mechanism of society constitute an invisible government which is the true ruling power of our country. …We are governed, our minds are molded, our tastes formed, our ideas suggested, largely by men we have never heard of. This is a logical result of the way in which our democratic society is organized. Vast numbers of human beings must cooperate in this manner if they are to live together as a smoothly functioning society. …In almost every act of our daily lives, whether in the sphere of politics or business, in our social conduct or our ethical thinking, we are dominated by the relatively small number of persons…who understand the mental processes and social patterns of the masses. It is they who pull the wires which control the public mind.

These media corporations’ task is to use propaganda and misinformation to protect the interests of the status quo. The ruling class has the power to manipulate public opinion, obscure the truth, alter government data, and outright lie, but they can’t control the facts and reality smacking the average person in the face every day. Based on the performance of the stock market and the storyline of economic recovery being peddled by the corporate media, the facts must surely support their contention. Here are a few facts about what has really happened in the last six months since I wrote my article:

  • The working age population has grown by 1.1 million, the number of employed Americans is up 500k, while the number of people who have left the labor force has gone up by 600k. The BLS reports the unemployment rate has fallen without blinking an eye or turning red with embarrassment.
  • The number of Americans entering the Food Stamp Program in the last six months totaled 1 million, bringing the total to 47.8 million, or 20% of all households (up 15 million since the Obama economic recovery began in December 2009).
  • Existing home sales have increased by a scintillating 2.9% on a seasonally adjusted annual basis and average prices have fallen by 6% in the last six months. It is surely a great sign that 32% of all home sales are to Wall Street investors and 25% are either foreclosure sales or short sales. A large percentage of the remaining sales are funded by 3% down FHA government backed loans.
  • There were 31,000 new homes sales in January versus 34,000 new home sales six months prior. Through the magic of seasonal adjustment, this translates into a 15% increase.
  • Single family housing starts were 41,600 in February versus 51,400 six months prior. Even using seasonal adjustments, the government drones can only report a pathetic 4.7% annualized increase and flat starts over the last three months, with mortgage rates at all-time lows.
  • The National Debt has gone up by $750 billion in the last six months, while Real GDP has gone up by less than $150 billion.
  • Real hourly earnings have not increased in the last six months.
  • Consumer debt has risen by $65 billion as the Federal Government has doled out student loans like candy and auto loans (through the 80% government owned Ally Financial – aka GMAC, aka Ditech, aka ResCap) like crack dealer in West Philly.
  • The Federal Reserve has increased their balance sheet by $385 billion in the last six months by buying toxic mortgages from Wall Street banks and the majority of Treasuries issued by the government to fund the $1 trillion annual deficits being produced by the Obama administration. It now totals $3.2 trillion, up from $900 billion in September 2008, and headed to $4 trillion before this year is out.
  • Retail sales have increased by less than 2% over the last six months and are barely 1% above last February. On an inflation adjusted basis, retail sales are falling. Other than internet sales and government financed auto sales, every other retail category is negative year over year. This is reflected in the poor sales and earnings reports from JC Penney, Sears, Best Buy, Wal-Mart, Target, Lowes, Kohl’s, Darden, McDonalds, and Yum Brands. I’m sure next quarter will be gangbusters, with the Obama payroll tax increase, Obamacare premium increases, 15% surge in gasoline prices, and continued inflation in food and energy.

Considering that 71% of GDP is dependent upon consumer spending (versus 62% in 1979 before the financialization of America), the dreadful results of retailers and restaurants even before the Obama tax increases confirms the country has been in recession since the second half of 2012. In 1979 the economy was still driven by domestic investment that accounted for 19% of GDP. Today, it wallows at all-time lows of 13%. In addition, our trade deficits, driven by debt fueled consumption, subtract 3.5% from GDP. These facts are reflected in the depressed outlook of small business owners who are the backbone of growth, hiring and entrepreneurship in this country. Small businesses of 500 employees or less employ half of all the private industry workers in the country and account for 65% of all new jobs created. There are approximately 27 million small businesses versus 18,000 large businesses. The chart below does not paint an improving picture. The small business optimism has dropped from an already low 92.8 in September 2012 to 90.8 in March 2013.

Small business optimism report for March 2013

The head of the NFIB couldn’t make the situation any clearer:

While the Fortune 500 is enjoying record high earnings, Main Street earnings remain depressed. Far more firms report sales down quarter over quarter than up. Washington is manufacturing one crisis after another—the debt ceiling, the fiscal cliff and the Sequester. Spreading fear and instability are certainly not a strategy to encourage investment and entrepreneurship. Three-quarters of small-business owners think that business conditions will be the same or worse in six months. Until owners’ forecast for the economy improves substantially, there will be little boost to hiring and spending from the small business half of the economy. NFIB chief economist Bill Dunkelberg

If consumers, who account for 71% of the economy, aren’t spending, and small business owners, who do 65% of all the hiring in the country, are petrified with insecurity, why is the stock market hitting all-time highs and the corporate media proclaiming happy days are here again? It can be explained by the distribution of wealth and income in this country. Every media pundit, politician, Wall Street shill, Ivy League PhD economist, and corporate titan you see on CNBC, Fox or any corporate media outlet is a 1%er or better. The chart below shows the bottom 99% saw their real incomes decline between 2009 and 2011, while the top 1% reaped the stock market gains and corporate bonuses for using “creative” accounting to generate record corporate profits. The trend in 2012 through today has only widened this gap, as real worker wages have continued to decline and the stock market has advanced another 20%.

The feudal financial industry lords are feasting on caviar and champagne in their mountaintop manors while the serfs and peasants scrounge in the gutters for scraps and morsels. This path has been chosen by the king (Obama) and enabled by his court jester (Bernanke). Money printing and inflation are their weapons of choice. We are living in a 21st Century version of the Dark Ages.

On the Road Again

I’ve been baffled by a visible disconnect between deteriorating data and the storyline being sold to the ignorant masses by the financial elitists that run the show. The websites and truthful analysts that I respect and trust (Zero Hedge, Mish, Jesse, Karl Denninger, John Hussman, David Stockman, Financial Sense and a few others) provide analytical evidence on a daily basis that confirm my view that our economic situation is worsening. We are all looking at the same data, but the pliable faux journalists that toil for their corporate masters spin the data in a manner designed to mislead and manipulate in order to mold public opinion, as Edward Bernays taught the invisible ruling class. As you can see, numbers and statistical data can be spun, adjusted, and manipulated to tell whatever story you want to depict. I prefer to confirm or deny my assessment with my observations out in the real world. I spend 12 hours per week cruising the highways and byways of Montgomery County and Philadelphia as I commute to and from work and shuttle my kids to guitar lessons, friends’ houses, and local malls. I can’t help but have my antenna attuned to what I’m seeing with my own eyes.

As I detailed in my previous article, Montgomery County is relatively affluent area with the dangerous urban enclaves of Norristown and Pottstown as the only blighted low income, high crime areas in the 500 square mile county of 800,000 people. The median household income and median home prices are 50% above the national averages. Major industries include healthcare, pharmaceuticals, insurance and information technology. It is one of only 30 counties in the country with a AAA rating from Standard & Poors (as if that means anything). On paper, my county appears to be thriving and healthy, with white collar professionals living an idyllic suburban existence. One small problem – the visual evidence as you travel along Welsh Road towards Montgomeryville or Germantown Pike towards Plymouth Meeting reveals a decaying infrastructure, dying retail meccas, and miles of empty office complexes.

I don’t think my general observations as I drive around Montgomery County are colored by any predisposition towards negativity. I see a gray winter like pallor has settled upon the land. I see termite pocked wooden fences with broken and missing slats. I see sagging porches. I see leaky roofs with missing tiles. I see vacant dilapidated hovels. I see mold tainted deteriorating siding on occupied houses. I see weed infested overgrown yards. I see collapsing barns and crumbling farm silos. I see houses and office buildings that haven’t been painted in 20 years. I see clock towers in strip malls with the wrong time. I see shuttered gas stations. I see retail stores with lights out in their signs. I see trees which fell during Hurricane Sandy five months ago still sitting in yards untouched. I see potholes not being filled. I see disintegrating highway overpasses and bridges. I constantly see emergency repairs on burst water mains. I see malfunctioning stoplights. I see fading traffic signage. I see regional malls with rust stained walls beneath their massive unlit Macys, JC Penney and Sears logos. I see hundreds of Space Available, For Lease, For Rent, Vacancy, For Sale and Store Closing signs dotting the suburban landscape. These sights are in a relatively affluent suburban county. When I reach West Philly, it looks more like Dresden in 1945.

                      Dresden – 1945                                                     Philadelphia – 2013

 

I moved to my community in 1995 when the economy was plodding along at a 2.5% growth rate. The housing market was still depressed from the early 90s recession. The retail strip centers and larger malls in my area were 100% occupied. Office parks were bustling with activity. Office vacancy rates were the lowest in twenty years during the late 1990s. National GDP has grown by 112% (only 50% after adjusting for inflation) since 1995, with personal consumption rising 122%. Domestic investment has only grown by 80%, but imports skyrocketed by 204%. If the economy has more than doubled in the last 18 years, how could retail strip centers in my affluent community have 40% to 70% vacancy rates and office parks sit vacant for years? The answer is that Real GDP has not even advanced by 50%. Using a true rate of inflation, not the bastardized, manipulated, tortured BLS version, shows the country has essentially been in contraction since the year 2000.

The official government sanctioned data does not match what I see on the ground, but the Shadowstats version of the data explains it perfectly.

My observations also don’t match up with the data reported by the likes of Reis, Trepp, Moody’s and the Federal Reserve. Reis reports a national vacancy rate of 17.1% for offices, barely below its peak of 17.6% in late 2010. Vacancy rates are 35% above 2007 levels and more than double the rates in the late 1990s. But what I realized after digging into the methodology of these reported figures is the true rates are significantly higher. First you must understand that Reis and Trepp are real estate companies who are in business to make money from commercial real estate transactions. It is in their self -interest to report data in the most positive manner possible – they’ve learned the lessons of Bernays. These mouthpieces for their industry slice and dice the numbers according to major markets, minor markets, suburban versus major cities, and most importantly they only measure Class A office space.

I didn’t realize the distinctions between classes when it comes to office space. The Building Owners and Managers Association describes the classes:

Class A office buildings have the “most prestigious buildings competing for premier office users with rents above average for the area.” Class A facilities have “high quality standard finishes, state of the art systems, exceptional accessibility and a definite market presence.” Class B office buildings as those that compete “for a wide range of users with rents in the average range for the area.” Class B buildings have “adequate systems” and finishes that “are fair to good for the area,” but that the buildings do not compete with Class A buildings for the same prices. Class C buildings are aimed towards “tenants requiring functional space at rents below the average for the area.”

So we have landlords self-reporting Class A vacancy rates in big markets to a real estate company that reports them without verification. Is it in a landlord’s best interest to under-report their vacancy rate? You bet it is. If potential tenants knew the true vacancy rates, they would be able to negotiate much lower rents. There is a beautiful Class A 77,000 square foot building near my house that was built in 2004. Nine years later there is still a huge Space Available sign in front of the building and it appears at least 50% vacant.

I pass another Class A property on Welsh Road called the Gwynedd Corporate Center that consists of three 40,000 square foot buildings in a 13 acre office park. It was built in 1998 and is completely dark. The vacancy rate is 100%. As I traveled down Germantown Pike last week I noted dozens of Class A office complexes with Space Available signs in front. I’m absolutely certain that vacancy rates in Class A offices in Montgomery County exceed 25%. When you expand your horizon to Class B and Class C office space, vacancy rates exceed 50%. The only booming business in my suburban paradise is Space Available sign manufacturing. We probably import those from China too. Despite the spin put on the data by the real estate industry, Moody’s reported data supports my estimates:

  • The values of suburban offices in non-major markets are 43% below 2007 levels.
  • Industrial property values in non-major markets are 28% below 2007 levels.
  • Retail property values in non-major markets are 35% below 2007 levels.

The data being reported by Reis regarding vacancies in strip malls and regional malls is also highly questionable, based on my real world observations. The reported vacancy rates of 8.6% for regional malls and 10.7% for strip malls, barely below their 2011 peaks, are laughable. Again, there is no benefit for a landlord to report their true vacancy rate. The truth will depress rents further. This data is gathered by surveying developers and landlords. We all know how reputable and above board real estate professionals are – aka David Lereah, Larry Yun. A large strip mall near my house has a 70% vacancy rate, with another, one mile away, with a 50% vacancy rate. Anyone with two eyes and functioning brain that has visited a mall or driven past a strip mall knows that vacancy rates are at least 15%, the highest in U.S. history. These statistics don’t even capture the small pizza joints, craft shops, antique outlets, candy stores, book stores, gas stations and myriad of other family run small businesses that have been forced to close up shop in the last five years.

The disconnect between reality, the data reported by the mouthpieces of the status quo, and financial markets is as wide as the Grand Canyon. Even the purveyors of false data can’t get their stories straight. Trepp has been reporting steadily declining commercial delinquency rates since July 2012, when they had reached 10.34%, the highest level since the early 1990s. The decline is being driven solely by apartment complexes and hotels. Industrial and retail delinquencies continue to rise and office delinquencies are flat over the last three months. Again, the definition of delinquent is in the eye of the beholder.

The quarterly delinquency rates on commercial loans reported by the Federal Reserve is less than half the rate being reported by Trepp, at 4.13%. Bennie and his band of Ivy League MBA economists have reported 10 consecutive quarters of declining commercial loan delinquency rates. This is in direct contrast to the data reported by Trepp that showed delinquencies rising during 2012.

Real estate loans

All

Booked in domestic    offices

Residential 1

Commercial 2

Farmland

2012:4

7.57

10.07

4.13

2.67

2011:4

8.48

10.34

6.11

3.26

2010:4

9.12

10.23

7.96

3.59

2009:4

9.59

10.54

8.73

3.42

2008:4

6.04

6.67

5.49

2.28

2007:4

2.91

3.08

2.75

1.51

2006:4

1.70

1.95

1.32

1.41

The data being reported doesn’t pass the smell test. Commercial vacancy rates are at or above the levels seen during the last Wall Street created real estate crisis in the early 1990’s. During 1991/1992 commercial loan delinquency rates ranged between 10% and 12%. Today, with the same or higher levels of vacancy, the Federal Reserve reports 4% delinquency rates. When the latest Wall Street created financial collapse struck in 2008 and commercial property values crashed while vacancy rates soared, there were dire predictions of huge loan losses between 2010 and 2012. Commercial real estate loans generally rollover every 5 to 7 years. The massive issuance of dodgy subprime commercial loans between 2005 and 2007 would come due between 2010 and 2012. But miraculously delinquency rates have supposedly plunged from 8.78% in mid-2010 to 4.13% today. The Federal Reserve decided in 2009 to look the other way when assessing whether a real estate loan would ever be repaid. A loan isn’t considered delinquent if the lender decides it isn’t delinquent. The can’t miss strategy of extend, pretend and pray was implemented across the country as mandated by the Federal Reserve. This pushed out the surge in loan maturities to 2014 – 2016.

In an economic system that rewarded good choices and punished those who took ridiculous undue risks and lost, real estate developers, mall owners, and office landlords would be going bankrupt in large numbers and loan losses for Wall Street Too Stupid to Succeed banks would be in the billions. Developers took out loans in the mid-2000’s which were due to be refinanced in 2012. The property is worth 35% less and the rental income with a 20% vacancy rate isn’t enough to cover the interest payments on the loan. The borrower would have no option but to come up with 35% more cash and accept a higher interest rate because the risk of default had risen, or default. Instead, the lenders have pretended the value of the property hasn’t declined and they’ve extended the term of the loan at a lower interest rate. This was done on the instructions of the Federal Reserve, their regulator. The plan is dependent on an improvement in the office and retail markets. It seems the best laid plans of corrupt sycophant central bankers are going to fail.

Eyes Wide Open

There are 1,300 regional malls in this country, with most anchored by a JC Penney, Sears, Barnes & Noble, or Best Buy. The combination of declining real household income, aging population, lackluster employment growth, rising energy, food and healthcare costs, mounting tax burdens, and escalating on-line purchasing will result in the creation of 200 or more ghost malls over the next five years. The closure of thousands of big box stores is baked in the cake. The American people have run out of money. They have no equity left in their houses to tap. The average worker has only $25,000 of retirement savings and they are taking loans against it to make the mortgage payment and put food on the table. They can’t afford to perform normal maintenance on their property and are one emergency away from bankruptcy. In a true cycle of doom, most of the jobs “created” since 2009 are low skill retail jobs with little or no benefits. As storefronts go dark and more “Available” signs are erected in front of these weed infested eyesores, more Americans will lose their jobs and be unable to do their 71% part in our economic Ponzi scheme.

The reason office buildings across the land sit vacant, with mold and mildew silently working its magic behind the walls and under the carpets, is because small businesses are closing up shop and only a crazy person would attempt to start a new business in this warped economic environment of debt dependent diminishing returns. The 27 million small businesses in the country are fighting a losing battle against overbearing government regulations, increasingly heavy tax burdens, operating cost inflation, Obamacare mandates, a low skill poorly educated workforce, and customers with diminishing resources and declining disposable income. Small business owners are not optimistic about the future because they don’t have a sugar daddy like Bernanke to provide them with free money and a promise to bail them out if their high risk investments go bad. With small businesses accounting for 65% of all new hiring in this country and looming healthcare taxes, mandates, regulations and penalties approaching like a freight train, there is absolutely zero probability that office buildings will be filling up with new employees in the next few years. With hundreds of billions in commercial real estate loans coming due over the next three years, over 60% of the loans in the office and retail category, vacancy rates at record levels, and property values still 30% to 40% below the original loan values, a rendezvous with reality awaits. How long can bankers pretend to be paid on loans by developers who pretend they are collecting rent from non-existent tenants who are selling goods to non-existent customers? The implosion in the commercial real estate market will also blow a gaping hole in the Federal Reserve balance sheet, which is leveraged 55 to 1.

federal reserve balance sheet

I regularly drive along Schoolhouse Road in Souderton. It is a winding country road with dozens of small manufacturing, warehousing, IT, aerospace, auto repair, bus transportation, retail and landscaping businesses operating and trying to scratch out a small profit. Most of these businesses have been operating for decades. I would estimate that most have annual revenue of less than $2 million and less than 100 employees. It is visibly evident they have not been thriving, as their facilities are looking increasingly worn down and in disrepair. Their access to credit has been reduced since the 2008 crisis, as only the Wall Street banks and mega-corporations with Washington lobbyists received Bennie Bucks and Obama stimulus pork. These small businesses have been operating on razor thin margins and unable to invest in their existing facilities or expand their businesses. The tax increases just foisted upon small business owners and their employees, along with Obamacare mandates which will drive healthcare costs dramatically higher, and waning demand due to lack of income, will surely push some of these businesses over the edge. There will be some harsh lessons learned on Schoolhouse Road over the next few years. I expect to see more of these signs along Schoolhouse Road and thousands of other roads in the next few years.

The mainstream media pawns, posing as journalists, have not only gotten the facts wrong regarding the current situation, but their myopia extends into the near future. The perpetual optimists that always see a pot of gold at the end of the rainbow are either willfully ignorant or a product of our government run public education system and can’t perform basic mathematical computations. As pointed out previously, consumer spending drives 71% of our economy. As would be expected, the highest level of annual spending occurs between the ages of 35 to 54 years old when people are in their peak earnings years. Young people are already burdened with $1 trillion of government peddled student loan debt and are defaulting at a 20% rate because there are no decent jobs available. Millions of Boomers are saddled with underwater mortgages, prodigious levels of credit card and auto loan debt, with retirement savings of $25,000 or less. Anyone expecting the young or old to ramp up spending over the next decade must be a CNBC pundit, University of Phoenix MBA graduate or Ivy League trained economist.

There will be 10,000 Boomers per day turning 65 years old for the next 18 years. Consumers in the 65-74 age segment spend 28% less on average than during their peak years. It is estimated that between 2010 and 2020 there will be approximately 14.5 million more consumers aged 65 or older. The number of Americans in their peak spending years will crash over the next decade. This surely bodes well for our suburban sprawl, mall based, cheap energy dependent, debt fueled society. Do you think this will lead to a revival in retail and office commercial real estate?

We’ve got $1 trillion annual deficits locked in for the next decade. We’ve got total credit market debt at 350% of GDP. We’ve got true unemployment exceeding 20%. We’ve had declining real wages for thirty years and no change in that trend. We’ve got an aging, savings poor, debt rich, obese, materialistic, iGadget distracted, proudly ignorant, delusional populace that prefer lies to truth and fantasy to reality. We’ve got 20% of households on food stamps. We’ve got food pantries, thrift stores and payday loan companies doing a booming business. We’ve got millions of people occupying underwater McMansions in picturesque suburban paradises that can’t make their mortgage payments or pay their utility bills, awaiting their imminent eviction notice from one of the Wall Street banks that created this societal catastrophe.

We’ve got a government further enslaving the middle class in student loan debt with the false hope of new jobs that aren’t being created. We’ve got a shadowy unaccountable organization, owned and controlled by the biggest banks in the world, that has run a Ponzi scheme called a fractional reserve lending system for 100 years, and inflated away 96% of the purchasing power of the U.S. dollar. We’ve got a self-proclaimed Ivy League academic expert on the Great Depression (created by the Federal Reserve) who has tripled the Federal Reserve balance sheet on his way to quadrupling it by year end, who has promised QE to eternity with the sole purpose of enriching his benefactors while impoverishing senior citizens and the middle class. He will ultimately be credited in history books as the creator of the Greater Depression that destroyed the worldwide financial system and resulted in death, destruction, chaos, starvation, mayhem and ultimately war on a grand scale. But in the meantime, he serves the purposes of the financial ruling class as a useful idiot and will continue to spew gibberish and propaganda to obscure their true agenda.

It is time to open your eyes and arise from your stupor. Observe what is happening around you. Look closely. Does the storyline match what you see in your ever day reality? It is them versus us. Whether you call them the invisible government, ruling class, financial overlords, oligarchs, the powers that be, ruling elite, or owners; there are powerful wealthy men who call the shots in this global criminal enterprise. Their names are Dimon, Corzine, Blankfein, Murdoch, Buffett, Soros, Bernanke, Obama, Romney, Bloomberg, Fink, among others. They are using every means at their disposal to retain their control and power over the worldwide economic system and gorge themselves like hyenas upon the carcasses of a crippled and dying middle class. They have nothing but contempt and scorn for the peasants. They’re your owners and consider you as their slaves. They don’t care about you. They think the commoners are unworthy to be in their presence. Time is growing short for these psychopathic criminals. No amount of propaganda can cover up the physical, economic, social, and psychological descent afflicting our world. There’s a bad moon rising and trouble is on the way. The time for hard choices is coming. The words of Edward Bernays represent the view of the ruling class, while the words of George Carlin represent the view of the working class.

“There’s a reason that education sucks, and it’s the same reason it will never ever be fixed. It’s never going to get any better, don’t look for it. Be happy with what you’ve got. Because the owners of this country don’t want that. I’m talking about the real owners now, the big, wealthy, business interests that control all things and make the big decisions. Forget the politicians, they’re irrelevant.

Politicians are put there to give you that idea that you have freedom of choice. You don’t. You have no choice. You have owners. They own you. They own everything. They own all the important land, they own and control the corporations, and they’ve long since bought and paid for the Senate, the Congress, the State Houses, and the City Halls. They’ve got the judges in their back pockets. And they own all the big media companies so they control just about all the news and information you get to hear. They’ve got you by the balls.

They spend billions of dollars every year lobbying to get what they want. Well, we know what they want; they want more for themselves and less for everybody else. But I’ll tell you what they don’t want—they don’t want a population of citizens capable of critical thinking. They don’t want well informed, well educated people capable of critical thinking. They’re not interested in that. That doesn’t help them. That’s against their interest. You know something, they don’t want people that are smart enough to sit around their kitchen table and figure out how badly they’re getting fucked by a system that threw them overboard 30 fucking years ago.” George Carlin

 

My Life as a Caregiver and How it Affected my Future

Inspirational story sent in by a reader named Cameron. These are the stories that teach you what is really important in life. Family, friends and community are an unbeatable combination. We should all remember that.

 

At a time when my wife and I should have been hanging Christmas ornaments and preparing to spend the holidays with our three month old daughter Lily, our lives were torn apart by terrible news.  My wife, Heather, had been feeling ill for a while after giving birth to Lily.  When we started to think her tiredness was more than just new mother symptoms, we booked an appointment with our doctor and received the heartbreaking news – Heather had mesothelioma, a rare and extremely deadly form of cancer.
We were not familiar with this disease and our doctor carefully explained as much basic information as he could.  Heather and I were completely stunned as we listened to him list the potential outcome of the disease and how imperative it was that we immediately get her to see a specialist.  It did not take long for us to make plans to travel to Boston to get her in to see a reputable doctor who had long-term experience in helping patients fight mesothelioma.
As we were leaving the doctor’s office after getting the diagnosis, I could tell how worried and anxious Heather was.  I was fighting my own fears and I realized I would have to become a caregiver for her.  Heather’s face revealed all of her anxieties, and I tried desperately to hide the worries that were bubbling up inside of me as I made the decision to do everything I could do to take care of her and help her to get better.
Facing the possibility of your wife dying due to cancer is not something anyone should have to go through, but it happens to numerous people every single day.  I can only say that it is important to let your determination take priority in helping your loved one to get better.
Becoming Heather’s chief caregiver expanded my already full list of things to do. Heather and I both had been working full-time while also taking care of Lily.  Due to her illness, Heather had to leave her job and focus on getting better.  I stopped working full-time and worked only part-time hours so I could pick up the slack in other areas.  I did my best to be there for Heather every moment possible, and I still tried to spend as much time with Lily as I could.  My responsibilities and my anxiety about what could happen overwhelmed me, and many days I felt like I simply couldn’t go on.  Luckily, I found out that we did not have to fight this battle alone.  Family, friends and even strangers came through with invaluable support when we needed it most.

 

Members of our community helped us financially, and they also provided immensely helpful care for Lily.  It would have been difficult beyond belief to try to survive the whole ordeal without the help that was so generously given to us.  If I had to give one piece of advice to others in the caregiver role today, it would be to accept every offer of help that comes your way.  The support you receive from others can be a huge weight off your shoulders, and will remind you that you are not alone in the fight.
After months of difficult treatments for mesothelioma, Heather was able to defy the odds and beat this terrible cancer.  While she was originally told she may have only 15 months to live, she has now been healthy and happy for over 6 years.  Now, we wish to help spread hope to others in their own cancer battles by sharing our story of success over cancer.

 

WTF WASTE OF TAXPAYER DOLLARS OF THE DAY

I don’t know why stories like the one below bother me so much, but they make my blood boil. Lansdale is an aging borough with 16,000 residents. It had 18,500 residents in 1970. For the math challenged, this means the population is declining. Median household income is $46,000, below the national average. The population has 20% more senior citizens than the national average. There is no industry. The white population declined from 85% in 2000 to 75% in 2010. You know a town is in decline when politicians propose a mural program to beautify the vacant buildings. A few years ago, the politicians that run this town wasted $500,000 of taxpayer money trying to create a perfoming arts center. No one came. It closed. There is talk of doing it again.

The biggest business in the borough is the SEPTA train station. It is old and dirty. Lansdale has its fair share of People of Wal-Mart types. Its crime rate is fairly high. It is a microcosm of America. It is in terminal decline.  

The politicians who run this place refuse to see the writing on the wall. They have thrown gobs of money at a delusional developer to build a massive complex of high end apartments, retail, parking garages, and now a skate park. This developer is going to build 250 high end apartments in a borough that hasn’t had population growth since the 1960s. He is going to build 20,000 square feet of retail when there is 100,000 square feet of vacant retail storefronts within 5 miles of this location. They are touting trails and skateparks that lead to nowhere. The developer promises millions of benefits to the borough. It’s all bullshit.

The part that cooks my goose, is the application for a grant of $700,000 from the State of PA for a skateboard park. The freaking State of PA is bankrupt due to the unfunded pension obligations to government workers. The state owes billions more than it has. But local and state government drone politicians act like the $700,000 is just sitting around to be spent on skateparks – built within yards of commuter train tracks. That’s fucking brilliant. The idiocy of these politicians and real estate developers is breathtaking to behold. This project will be an epic disaster. Taxpayer money will be pissed away. The developer will go bankrupt midway through the project and Lansdale will continue its downward spiral. So it goes.

Lansdale seeking grant funds for Madison Lot skatepark

By DAN SOKIL
[email protected]

Wednesday, March 20,2013

Rendering of the proposed Madison Parking Lot redevelopment project, as presented by Equus Capital Partners to Lansdale Parking Authority, March 13 2013. Courtesy of Lansdale borough.

LANSDALE — A week after the public got its first look at updated plans for redevelopment, including a skate park toward the rear of the Madison Parking Lot, the borough is seeking more grant money to help with that project.

On Wednesday night, council voted unanimously to apply for $700,000 in state grant funding that council vice president Mary Fuller said will come with no cost to the borough.

“There is a match portion — a 50 percent match — but I’m pleased to announce that the developer will pay the match so it’s a total win-win for us,” Fuller said.

Last week that developer, Equus Capital Partners (formerly known as BPG Properties) publicly displayed its latest plans to redevelop the borough’s Madison Parking Lot, with a skate park and pedestrian overpass added to the project’s initial intent of building a parking garage, apartments and retail space atop the current lot and vacant fields behind.

One of those fields, located below the water tower near Third Street and Richardson Avenue, would become the future site of a skate park for a community Fuller said was “ecstatic” to learn of the new plans.

“I’m getting well-verbalized, well-thought-out emails from people who understand what this means, are excited about it, and want to be involved in it. They can’t wait to help,” she said.

Those offers have ranged from volunteers to host skateboarding lessons to assisting with the development process, and Fuller said “these are people from all ages, from their 40s and 50s down into the 30s, 20s and teens.”

Borough officials hope all of those users stay involved as the project moves through the land development approval process, and Fuller said that buy-in will help create a desire for the skate community to take care of that park.

“If they’re invested in the process, if they’re users, then you can be damn sure they’re going to keep (the park) clean and neat, and be on the lookout for others who may want to damage or vandalize or graffiti,” she said.

The grant money would come from the state’s Department of Conservation and Natural Resources, as part of its Community Conservation Partnerships Program (C2P2) meant to encourage green park projects, trail connection and outdoor recreation — which the skate park and trails promote.

“You can walk there on the trail, you can skateboard to it on the trail, you can drive you can walk, you can take the train to it,” Fuller said.

That trail connection will help connect Hatfield and Upper Gwynedd connections with downtown Lansdale. Upon its completion, Fuller said, Lansdale will be the first municipality in the county to finish its stretch of the Liberty Bell Trail, which will run from Stony Creek Park at Hancock Street, along the railroad tracks past the Andale Green development, into downtown past the borough municipal complex and through the Madison lot to connect with Hatfield west of Third Street.

Fuller and borough Manager Timi Kirchner both emphasized that the grant funding would be used for public improvements on land that would be owned by Equus but used by the public, such as the trails and the skate park.

“There have been questions about whether or not the rants are going for the developer’s benefit, and that’s simply not the case,” Kirchner said..

“The grants are for a trail, for a skate park, and for improvements on Madison Street. These are all public areas, that will remain (public), once this project is up and running and spectacularly successful,” she said.

Several other council members thanked to the team of borough officials and consultants that helped prepare and present the plans last week. The officials included councilman Dan Dunigan, who chairs the borough Parking Authority, which agreed to sell the lot to Equus.

“I’ve looked at the numbers dozens and dozens of times and it’s still, frankly, staggering” to see the total benefit to the borough the project will bring, he said.

Borough fact sheets available at the council meeting show maps of the project and its relationship to other projects under active development in Lansdale, and a Parking Authority fact sheet details the projected $748,000 in annual revenue and $965,000 in one-time revenue the project should create.

The project has already been awarded $2.5 million in state grant money to assist with other public improvements and Equus and the Parking Authority submitted further grant applications last month seeking $800,000 more for remediation work on that property.

Long term benefits to the borough total over $20 million when the costs of the nearby SEPTA garage and pedestrian bridge are included, and Dunigan encouraged the public to attend a special Parking Authority meeting on March 27 when that entity could approve the latest plans.

“That will be the jumping-off point, where the folks from Equus can head for the subdivision and land planning phases and we can get this ball rolling,” he said.

LOBSTER IN A COAL MINE

I saw the headline this morning that Darden’s earnings declined, but THEY BEAT ESTIMATES!!!!

WOW!!! If they beat the estimates that have been dramatically decreased over the last three months than all must be well. What a fucking joke Wall Street and the MSM are.

Their earnings plunged by 18% over last year. Their comparable store sales are spiraling downward. These idiots took on $1 billion of debt in the last year as they have bought back $400 million of their own stock and have added 150 new restaurants.

Below is a chart from their earning release. Sales in February were rapidly deteriorating. The Obama tax increases, Obamacare health insurance premium increases, gasoline price increases, and “strong” jobs recovery are working their magic on the middle class.

Darden is the lobster in the coal mine. When the obese middle class are doing OK, they head out to Olive Garden for unlimited breadsticks or Red Lobster for unlimited crab legs. The middle class is not feeling OK. Ignore the MSM bullshit and look at the facts. The recession began last year and it’s getting worse. The proof is in the breadsticks. 

http://finance.yahoo.com/news/darden-restaurants-reports-third-quarter-110000313.html

Fiscal 2013 December, January and February U.S. Same-Restaurant Sales Results

Darden reported U.S. same-restaurant sales for the fiscal months of December, January and February as follows:

           
Olive Garden December   January   February
Same-Restaurant Sales -2.5%   -0.6%   -9.1%
Same-Restaurant Traffic       -3.7%   -0.9%   -7.0%
Pricing 2.3%   2.1%   1.2%
Menu-mix -1.2%   -1.7%   -3.4%
           
Red Lobster December   January   February
Same-Restaurant Sales -7.1%   -5.2%   -7.5%
Same-Restaurant Traffic           -5.5%   -1.7%   -6.0%
Pricing 1.2%   1.3%   1.2%
Menu-mix -2.8%   -4.8%   -2.7%
           
LongHorn Steakhouse December   January   February
Same-Restaurant Sales -3.6%   2.5%   -3.0%
Same-Restaurant Traffic       -4.4%   0.1%   -2.9%
Pricing 2.0%   2.0%   2.0%
Menu-mix -1.3%   0.4%   -2.2%

YOU ARE ALREADY BEING CYPRUSED, BECAUSE MATH IS HARD

The internet has been abuzz all week about the plan to steal money directly from bank depositors in Cyprus. The Eurocrats want to abscond with 3% to 15% of bank depositor cash as a bribe to keep from letting the Cyprus banks collapse under the weight of bad debt created by the policies of the Eurocrats. There is outrage among the critical thinking alternate media and yawns from the Larry Fink’s and Barry Ritholtz’ of the world who depend on muppets to keep investing with them. The MSM does their usual propaganda spiel about the FDIC backing up trillions in deposits with their $25 billion fund.

This could never happen in America. Right?

It has already happened and continues this very second. The ruling financial class are so supremely confident in your lack of math skills that they openly and blatantly steal money from your savings account every second of the day. They have been doing it since December 2008.

I take you back to the days of yesteryear – 2006 and 2007. In those pre-crisis days you could put your money in a Vanguard Money Market fund and earn a 5% return. Over this two year period, inflation averaged 3.2% according to our friends at the BLS. That means you were getting a REAL RETURN of 1.8%. Even if you don’t believe the BLS numbers, you weren’t losing by keeping money in a savings account.

Then the Wall Street/Federal Reserve created financial collapse occured in late 2008. In order to protect his owners on Wall Street, Helicopter Ben swooped in with free money for his boys in December 2008. He lowered the Federal Funds Rate to between 0% and .25% and has left the rate at this level to this day. You can see from the chart below that the last time the Fed dropped rates below 2% for a significant time period, they created the housing bubble. I wonder what 0% interest rates over 4.3 years will create?   

Now we get to the math. By lowering the Fed Fund Rate to near zero, Ben has thrown savers and senior citizens under the bus. For the last 4.3 years savers have been able to get a .15% return on their money. Over this same time frame the CPI has risen 10.4%.  Let’s put this into a real life example.

Suppose grandma has life savings of $100,000 that she needs to live off of to supplement her meager $13,000 of Social Security income. Back in 2007 she could earn $5,000 per year in interest to help her make ends meet. Since December 2008 she has been able to earn a total of $650 in interest at .15% rates. That means she would have $100,650 today.

But one problem. The 10.4% inflation has resulted in the $100,650 only having $90,200 of purchasing power today. This means that Ben Bernanke has already stolen 10% of your savings and handed it to his banker buddies. He is much more devious than the Eurocrats. They are being too transparent. Ben understands that our government run public school system matriculates functionally illiterate dullards into society and they will never figure out the beauty of inflationary stealing.

Of course it is much greater than the 10% calculated above. We know that true inflation is at least 2% greater than the BLS manipulated data. Therefore, the ruling class has actually stolen closer to 20% of your savings since December 2008.  

And the good news is that Bennie has absolutely no intention of raising the Federal Funds Rate for a few more years. By 2016 he will have stolen another 20% of your savings and no one will be protesting or rioting in the streets, because math is hard.

You’ve been CYPRUSED and didn’t even know it.

Sell JPY, Buy Gold, and go to sleep

Smokey was right about Kyle Bass. 

Kyle Bass Presentation

Kyle Bass, addressing Chicago Booth’s Initiative on Global Markets last week, clarified his thesis on Japan in great detail, but it was the Q&A that has roused great concern. “The AIG of the world is back – I have 27 year old kids selling me one-year jump risk on Japan for less than 1bp – $5bn at a time… and it is happening in size.” As he explains, the regulatory capital hit for the bank is zero (hence as great a return on capital as one can imagine) and “if the bell tolls at the end of the year, the 27-year-old kid gets a bonus… and if he blows the bank to smithereens, ugh, he got a paycheck all year.” Critically, the bank that he bought the ‘cheap options’ from recently called to ask if he would close the position -“that happened to me before,” he warns, “in 2007 right before mortgages cracked.” His single best investment idea for the next ten years is, “Sell JPY, Buy Gold, and go to sleep,” as he warns of the current situation in markets, “we are right back there! The brevity of financial memory is about two years.”

Click below for the full presentation (unembeddable):

 http://media.chicagobooth.edu/mediasite/Viewer/?peid=f15d95d054e8442ab0cc1c60321383101d

Starting at around 50:00…

Bass On Immigration Reform in Japan – hailed as a solution to the demographic problem – Bass says “Ain’t gonna happen. They need wage inflation and this will not encourage that. It’s an untenable situation.” Summing up his whole view on Japan – “I just don’t think it can be fixed.”

Question: When you look today in the capital markets at the tactical asymmetry that exists among the various financial instruments to take advantage of cheap optionality – what is that instrument?

I’ll give you guys a bit of an idea… we don’t talk about exactly what
we do – we tell you how much we love coke but we’re not gonna give you
the formula.

The AIG of the world is back – I have 27 year old kids selling me one-year jump risk on Japan for less than 1bp – $5bn at a time.

You know why? Because it’s outside of a 95% VaR, its less than one-year to maturity, so guess what the regulatory capital hit is for the bank… I’ll give you a clue – it rhymes with HERO…

If the bell tolls at the end of the year, the 27-year-old kid gets a bonus… and if he blows the bank to smithereens, ugh, he got a paycheck all year.

We are right back there! The brevity of financial memory is about two years.

I wouldn’t sell nuclear holocaust risk in Dallas for 1bp – you should be fired for thinking about selling something for less than 50bps.. and yet – this is happening again…

And it’s happening in huge size – huge – we bought half a trillion dollars worth of these ‘options’…and interestingly enough, one of the biggest banks in the world called me the other day and asked me if I would close my position – that was an interesting day for us – that happened to me in 2007 right before the mortgages cracked.

They said “we ran some new risk tests,” and I said “really?”

“Yeah, the new stress scenario is a little more punitive than the last one.”
“What is it?”
“Well, we don’t wanna share our proprietary secrets”
“Ok, then I am not closing it”,
and they said “woe woe woe.. in our old model rates stressed 50bps, in the new one they stress 400bps”
“Yeah, that would really hurt wouldn’t it”.
“Yeah, we’d like to close that one”
“I’d like to but I am not going to do that for you”…

The point is – Why would they run a stress test like that? They are starting to realize! Who would have them run that stress test. It’s happening again.

Question: Do you buy guns, gold, neither, or both?

I don’t get paid to be an optimist, I don’t get paid to be pessimist, I get paid to be a realist – and a prudent fiduciary of the capital, and then if i have time I care about the social issues of the world.

If I am right, the social issues are going to be very difficult. I don’t think we devolve into anarchy and I do think the payment systems will continue to work but what they will pay with will be wumpum…

We will go thru a period where its a little tougher…

We went through a period where it was briefly tough and now there are 1400 new billionaires in the world – maybe some capital was misallocated…

Question: Which one investment would make for the next ten years

I would buy Gold in JPY and go to sleep… Sell JPY, Buy Gold, Go to sleep, and wake up ten years later and you’ll be fine. Don’t put all yourr money in it but that is the single best investment you can make today.

(h/t Steve M) Source: Zerohedge

 

Kyle Bass, an American hedge fund manager, is the Founder of Hayman Capital. He received extensive coverage in the financial press for profiting $590 million by short selling the sub-prime mortgage bond market, before that market crashed. In 2011, Bass initiated a huge position in Greek sovereign debt through CDSs. Media reports were that he could profit up to 650 times his investment should Greece default on its debt obligations.

 

HOW LOW CAN WE GO?

This evening, while wandering back to the computer, my ears caught the words “Tex Johnston” coming from a TV show my wife was watching called “Pawn Stars.” Mindless TV drivel for the most part, but my sweetie listens to this stuff while playing games or emailing on her laptop. I think it’s called multi-tasking.

Anyway, Tex Johnston caught my attention because he is one of the most famous civilian test pilots who ever lived. He worked for Boeing and flew test flights in the 40s, 50s, and 60s on the B-47, B-52 (the first to do so in that ageless bomber), and the Dash 80. For those unschooled in aviation history, the Dash 80 is the prototype of the Boeing 707 and its military version, the KC-135, an aerial tanker which is still in service.

In 1955, Tex demonstrated the Dash 80 over Seattle Lake to an audience gathered along the shoreline and proceeded to do a barrel roll on the deck with an aircraft that was destined to become America’s primary jet passenger carrier for nearly two decades. A fucking barrel roll on the deck with a heavy lift jet aircraft in its test phase in front of an invited audience that, had it failed, might have sunk the company. Thus began Tex’s legend in the aviation community.

Fast forward to “Pawn Stars” and Tex’s son, who had just wandered into the Las Vegas pawn shop where the show is filmed.  Sonny Boy, who was skinny and balding with a bad comb over, was hawking some of Tex’s memorabilia.  After all was said and done, he got $290 for Tex’s stuff and said, “Well, that’ll be enough to fill up the gas tank on my brand new SUV.”

That’s it.  Two minutes of “fame” for a total asshole who dishonored his father just for a tank of gas.  I wanted to throw up.

Alvin “Tex” Johnston With Someone Who Looks Familiar

http://farm6.staticflickr.com/5188/5590650545_da0088f9f5_z.jpg

THE MENTAL DISEASE known as CATHOLOCISM

Ms. Freud is home today and has refused my pleading to not turn on CNN. However, as a lifelong Catholic (barely active) she flat out insisted on watching the Select-A-Pope spectacle on CNN.

Now, I was raised Catholic also (lapsed over 30 years), so the pomp and circumstance rituals were of no great surprise. What was surprising was my tremendous revulsion at their Other Worldly fantasy … almost to the point of throwing my glass of lemon-carrot juice at the television screen.

A bunch of old fuck men, mostly white, all serial masturbators (unless God changes males hormones to become less horny when faggots devote their lives to Him), wearing funny hats, and …. dresses, acting all solemn and important, as if God gives a fuck who THEY elect as the next Dope …. Errr, Pope. Kind of mind-blowingly absurd once you realize God can’t even hook up two normal humans without the benefit of ChristianMingle.com.

It’s just an all-boys club … complete with secret handshakes, secret oaths, and performing The Nasty in secret with little boys all over the world. It truly reminds me Jackie Gleason’s Moose Lodge on the Honeymooners, … they had secret handshakes too, as stupid little boys are wont to do. Only, these ass-clown Cardinals have an audience of about a billion people waiting to see the results of their secret balloting …. whether or not black or white smoke wafts from their little chimney.

Seriously, this religion has such a Comic Bookish feeling about it. A crappy Comic Book, at that.

Select-A-Pope … that’s the main thrust of this thread. Won’t spend too much time bashing that religion except to mention 5 other beliefs, plus a Bonus, that live on the Edge of Ridiculousness ….. things that make me wonder why there are any adult Catholics at all.

1– Papal Infallibility — assholes!! He’s a human being. All humans make mistakes. A quick and cursory glance regarding various popes will clear up any doubt how fucked in the head they are.

2– Indulgences —- aka, Let’s Make A Deal with God regarding how long someone gets tortured. Listen up numnuts, a God who takes pleasure in torturing the shit out of his created beings, isn’t one who is going to bargain. You’re pretty much fucked.

3—Transsubstantiation — the utterly childish belief that fermented grapes (bought at a store) magically and LITERALLY becomes Jesus’ actual blood …. and that a cracker (bought at a store) becomes literally Jesus’ body. I couldn’t believe this shit if I was high on two ounces of LSD.

4– Joseph never fucked Mary —– not once, not ever, even though the Bible says Jesus had brothers and sisters.

5)– Intersession —– the idea that a Priest is even needed as the link between you and God. Utter and total horseshit found nowhere in Scripture.

Bonus: The Doctrine of Look Away and STFU …… the principle whereby a Man of God can suck little boys dicks to his delight, and if he gets caught, merely gets reassigned to another parish.

.

The scary part of all this is that hundreds of millions of people believe this shit. You might even be one of them. (Don’t take this rant personally.)  Cockroaches don’t believe this shit, and that’s why they’ll survive our demise.

Who Is Benefitting?

Here is a bit of information I stumbled upon. One of the things we hear about is how the top 1% have been the heavy beneficiaries of the modern economy. However, the stats I just spotted contradict this (yes the top 1% have benefited, but not as much as I assumed). In fact, the stats seem to indicate that it has been the top 20% that has benefited the most – at the expense of the bottom 80%.

Total Net Worth
Top 1 percent Next 19 percent Bottom 80 percent
1983 33.8% 47.5% 18.7%
1989 37.4% 46.2% 16.5%
1992 37.2% 46.6% 16.2%
1995 38.5% 45.4% 16.1%
1998 38.1% 45.3% 16.6%
2001 33.4% 51.0% 15.6%
2004 34.3% 50.3% 15.3%
2007 34.6% 50.5% 15.0%
2010 35.4% 53.5% 11.1%

Financial (Non-Home) Wealth
Top 1 percent Next 19 percent Bottom 80 percent
1983 42.9% 48.4% 8.7%
1989 46.9% 46.5% 6.6%
1992 45.6% 46.7% 7.7%
1995 47.2% 45.9% 7.0%
1998 47.3% 43.6% 9.1%
2001 39.7% 51.5% 8.7%
2004 42.2% 50.3% 7.5%
2007 42.7% 50.3% 7.0%
2010 42.1% 53.5% 4.7%

In fact, from 1983 through 2010, the top 1%’s non-home wealth actually FELL as a percentage of total net wealth of the country, while the top 20% non-home wealth rose dramatically.

What does this tell me, if it is indeed the case? Well, a few things leap to mind. First, the bottom 80% is aging, and is undoubtably using up their savings, such as they are, as they age. Second, I suggest that the economy is becoming increasingly high-tech, and those with average educations and average intelligence are finding it increasingly hard to compete in an open marketplace. Third, the bottom 80% had their savings largely in home equity, and the housing price crash killed off those savings.

And so the wealth is concentrating ever more in the hands of the more able and the better prepared. And I would expect that trend to accelerate.

So, is the answer to the nation’s ills the redistribution of wealth from the more able and better prepared to the less able and the less prepared? That does not seem like a workable answer – to punish those that do and can, and reward those that do not and cannot.