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did I mention the end of the state?
Nov. 8th, 2004 02:29 pmEdward Helmore from The Guardian had an article reprinted in Salon called ( Beating Kerry was the easy part )
For those of you skipping the ljcut, the article notes, "With the dollar in free-fall and foreign investors worried about the U.S. trade deficit, Bush faces a cloudy economic forecast." On the face, it looks like external factors will be significant, but this is the kind of news that rarely penetrates to those who live on the inside of Fortress USA.
They also mention that the Fed might not be too aggressive fighting inflation, since that would pop the home price bubble. Um, In fact, if the "home price bubble" described in the article pops, wouldn't itactually assist some of us on the ground? I mean, as a non-owner with my sights set on 2006, I can't see how I wouldn't benefit from home-price drops in the next 12-18 months. Not only that, I say bully for my many friends who have been getting out of the market recently! But what's weird about that is, I don't see how come home prices weren't factored into the inflation picture. I think something is seriously wrong with the way our economists calculate inflation.
More dollars are required to buy gas, homes, milk, meat, soyfoods, and entertainment. Every year. In other words, our protein, protection, and propulsion cost more. All of us need those things in some combo, more or less just to survive, don't we? And as they cost more, and wages stagnate or rise slowly, doesn't that reflect a kind of survival-level inflation? Inflation for the rest of us??
Some "foresee circumstances in which interest rates could rise sharply, reducing capital spending and triggering home-price deflation." In other words, for those of us needing the rich elites to do some capital spending on jobs, infrastructure and wages, so sorry. Oh, and home prices go down, but interest rates climb. On the balance, that probably favors the banks, not homebuyers or -sellers.
What this tells me is that we're inching closer to basic irrelevance of the US on the economic stage. At that point, it effectively ends the American State. The next stage could be far worse, I grant you. It could also open a window for us who are enterprising and could do with a little less involvement by the guv'mint.
So what, right? Well, think of how difficult it will be to enact an anti- anything agenda when you've barely got a polity to do it with. 59 million people can be utterly totally wrong, or they could be totally right, but they also cannot be brought together to actually enforce this shit over against the 220 million they're outnumbered by. There's no need to secede when original nation falls apart on its own. All of a sudden, I feel this kind of rush of oxygen to the brain, like the sudden realization, the sharp clarity that a show of force can provide (thanks Mr. President for that insight). All those fuckers did was win an election. They've sent our army off to a foreign quagmire. Fully 2/3 of their coalition are anti-government gun toting wack jobs! There's not enough FORCE to make this thing really happen. Unfortunately, if it comes to force, it would be ...well...a little apocalyptic...
I think the snake was sleeping, but now in his slumber, he smells again his favorite delicacy, the sweet delicious tip of his own tail.
For those of you skipping the ljcut, the article notes, "With the dollar in free-fall and foreign investors worried about the U.S. trade deficit, Bush faces a cloudy economic forecast." On the face, it looks like external factors will be significant, but this is the kind of news that rarely penetrates to those who live on the inside of Fortress USA.
They also mention that the Fed might not be too aggressive fighting inflation, since that would pop the home price bubble. Um, In fact, if the "home price bubble" described in the article pops, wouldn't itactually assist some of us on the ground? I mean, as a non-owner with my sights set on 2006, I can't see how I wouldn't benefit from home-price drops in the next 12-18 months. Not only that, I say bully for my many friends who have been getting out of the market recently! But what's weird about that is, I don't see how come home prices weren't factored into the inflation picture. I think something is seriously wrong with the way our economists calculate inflation.
More dollars are required to buy gas, homes, milk, meat, soyfoods, and entertainment. Every year. In other words, our protein, protection, and propulsion cost more. All of us need those things in some combo, more or less just to survive, don't we? And as they cost more, and wages stagnate or rise slowly, doesn't that reflect a kind of survival-level inflation? Inflation for the rest of us??
Some "foresee circumstances in which interest rates could rise sharply, reducing capital spending and triggering home-price deflation." In other words, for those of us needing the rich elites to do some capital spending on jobs, infrastructure and wages, so sorry. Oh, and home prices go down, but interest rates climb. On the balance, that probably favors the banks, not homebuyers or -sellers.
What this tells me is that we're inching closer to basic irrelevance of the US on the economic stage. At that point, it effectively ends the American State. The next stage could be far worse, I grant you. It could also open a window for us who are enterprising and could do with a little less involvement by the guv'mint.
So what, right? Well, think of how difficult it will be to enact an anti- anything agenda when you've barely got a polity to do it with. 59 million people can be utterly totally wrong, or they could be totally right, but they also cannot be brought together to actually enforce this shit over against the 220 million they're outnumbered by. There's no need to secede when original nation falls apart on its own. All of a sudden, I feel this kind of rush of oxygen to the brain, like the sudden realization, the sharp clarity that a show of force can provide (thanks Mr. President for that insight). All those fuckers did was win an election. They've sent our army off to a foreign quagmire. Fully 2/3 of their coalition are anti-government gun toting wack jobs! There's not enough FORCE to make this thing really happen. Unfortunately, if it comes to force, it would be ...well...a little apocalyptic...
I think the snake was sleeping, but now in his slumber, he smells again his favorite delicacy, the sweet delicious tip of his own tail.