13 October 2008

You Call This a Crisis? Now, That is a Crisis

Real crisis occurs when people who are accustomed to being provided for, are no longer taken care of. It happens when the check is no longer in the mail. When the money is no longer in the account. When the food is no longer on the grocer's shelf. When the fuel is no longer in the pump. When the plumber doesn't come to fix a freeze-broken pipe after the oil furnace runs out of oil. When water doesn't come out of the spigot. When the garbage is not picked up and piles up for rats in the streets. When the emergency rooms close and hospitals have no electrical power or medicines, while numbers of the sick and dead rise rapidly. And all of that, with the barbarians at the gates possessing weapons of creeping and exploding death.
US voters are being whipped into a panic by the media's army of child-journalists. Painting the troubles of the financial industry as the "worst crisis since the great depression of the 30s", the media hopes to gain more readers and viewers--and sell more advertisement. Crisis and panic are good for the news media business.

Except it isn't true. Almost everyone who was employed in August is still employed in October, with full salary and benefits. Very stupid money managers made huge bad bets based upon bad assumptions such as "oil always goes up" or "property always gains value" or "the government said we should do it so it must be alright." But on this planet, what goes up eventually comes down. A lot of very wealthy people lost a lot of money due to stupidly complacent bets placed by Harvard educated psychological neotenates. That's just the way it goes. If you want to see a crisis, every day in the third world is a crisis to a first-worlder. First-worlders need to understand what separates the first world from the third world and BRIC.

But if you want to open your eyes a little more, to see the real crisis coming down the pipe before it gets here, you might save yourself a lot of hardship. First of all, understand why this particular credit crash happened, and what it has in common with the dot.com crash and the credit and loan crash. Understand how the same type of wishful thinking and government refusal to reform itself (Barney Frank) perpetuated old problems so that they caused a new "crisis." And particularly understand that today's bailouts and "reforms" will do virtually nothing to prevent similar "crisis" from occurring ten or twenty years from now. And ultimately, understand how the largest unfunded mandates are distributed, and when the big payment comes due.

But that is not the biggest problem. The biggest problem is that science and technology are racing against growing bureaucratic complexity, voter stupidity, and cultural collapse/dysgenic demographics. The brighter and more far-seeing humans may survive and prosper beyond the rapidly approaching unraveling true crisis, or they may not, depending upon the precautions they take. No, I am not talking about religion. Remember, I am a Darwinian atheo-agnostic. Religion makes me exasperated, although I tolerate it in others as long as they do not force it on me.

The topic is real crisis. Real crisis occurs when people who are accustomed to being provided for, are no longer taken care of. It happens when the check is no longer in the mail. When the money is no longer in the account. When the food is no longer on the grocer's shelf. When the fuel is no longer in the pump. When the plumber doesn't come to fix a freeze-broken pipe after the oil furnace runs out of oil. When water doesn't come out of the spigot. When the garbage is not picked up. When the emergency rooms close and hospitals have no electrical power. When the welfare and pension and disability checks stop coming.

The tracks for that genuine crisis train have been laid for over 60 years, but recently track-laying has been spurred to a fever pitch, and the engine firebox is being stoked like never before. The US election in November 08 will not signal a change in direction--it will only determine the rate of increasing acceleration toward the crisis (just as the election of Reagan in 1980 only slowed the train temporarily).

What we see here, is a failure to communicate. And a failure to apprehend, a failure to comprehend, and a failure to grow the focque up. Even Barak Obama marvels at the simple-minded naivete of his "liberal" cohorts on the political path. Only the hard-core leftists and revolutionaries such as Wm. Ayers, Rev. Wright, Farrakhan, Pfleger, etc. have Obama's respect for being realistic. The others make convenient doormats and world class chumps.

The joke of Obama's revolution is really on him, though. Just as Lenin's revolution led to the horrors of the USSR, Obama's revolution would lead to the horrors of a UNASR--if it only could. But it can't. The crisis train is on the tracks, and it will collide with the Obama-lution train before it truly has a chance to get started.

That is not good news for Obama, but it is even worse news for the rest of us. Our complacency might have been cramped under Obama-lution, but it might have survived. Under the confluence of Obama-lution and the crisis train, surrender all hope--unless you are one of the few who knew what was coming.

I am not talking about faux crises like Y2K, Peak Oil, Climate Catastrophe, Overpopulation, etc. etc. etc. The crisis I am referring to will make the 1930s look like a picnic at Golden Gate Park in September.

You have some time to think about it. You can believe it or not. If you believe it, you can prepare or not. If you prepare, you can prepare thoroughly or not. All of those bifurcation points will determine how you and yours ride out the first big crash of the not so distant future. The aftermath? Ah, the aftermath is another story . . . . .

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4 Comments:

Blogger yamahaeleven said...

Al,

Fear mongering doesn't seem like you. Perhaps this could help:

http://www.spiked-online.com/index.php?/site/article/5810/

Makes no difference who wins the Presidential election, either will blunder headfirst into more socialist solutions to problems real and imagined. Once we pass an unknown threshold, socialism will collapse and regional governments will take over vital infrastructure functions with considerable efficiency gains.

Monday, 13 October, 2008  
Blogger al fin said...

Thanks for your comment, yama11.

Fear mongering is what the news media is doing. What I am doing on the other hand, is opening a tiny window into the future for anyone who wishes to look with an open mind.

I agree that both candidates are socialist in basic orientation. Of the 4 P/VP candidates, only Palin is oriented toward traditional market-oriented solutions and freedom-oriented principles.

I also agree with your emphasis of local and regional governments. I would add that local and regional markets, industries, and voluntary associations are also of critical importance.

It may be almost time for me to fire up the Society of Creative Apocalyptology for real.
;-)

Monday, 13 October, 2008  
Blogger SwampWoman said...

I was surprised at the number of people that tell me that they do not even carry cash anymore because they just whip out the plastic, they do not even have a week's supply of food on hand, and have no means of self defense because they are afraid of firearms.

Monday, 13 October, 2008  
Anonymous Anonymous said...

There is rationality in the use of the plastic over the paper money. They are all "fiat money" (it is worth as much as the government that issued it) and it is more probable to be robbed if you have paper money with you.

Sunday, 19 October, 2008  

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“During times of universal deceit, telling the truth becomes a revolutionary act” _George Orwell

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