Category: Clint Eastwood

“Because there’s no crying in baseball! No crying!” – A League of Their Own

Wash this.

As we contemplate the wreckage of the economy and the cracks in our culture, I return to that question that many of us have been thinking of:

What happens next?

By next as in next week, well those patterns are short term. Just like the stock market has spent most of the last ten years going up, some weeks were down. The overall aggregate of those weeks was up. Until it wasn’t. The short term direction of the market varied, but like China’s expanding sea claims or my expanding waistline, the long term trend did not.

That’s what I see with the United States as a whole. Over the short term, things go up and down, but the long term stresses in the system keep building up. A brick building having foundation problems will build stress, until the bricks and mortar both snap in a line under tension, just like Joe Biden snaps when people move too quickly around him because of Crimean War flashbacks.

One major tension: people have been concerned about the national debt since before I’ve been alive. Why? The silly idea seems to be that “having an unpayable mountain of debt” might be a bad thing since you have to pay all of that back just to be broke. It’s only money, right? But the Federal debt as a percentage of GDP is now larger than at any time since the end of World War II. At that time the United States had mobilized to spending nearly 90% of Federal dollars on military spending items. That level of debt, 110% of the GDP, existed before COVID-19 gave us a gut shot. What will it be after all of the Chinese Virus spending? 120%? 150%?

At least with World War II we got cool tanks and games like Axis and Allies®. In the last bailout all we got was a bigger penthouse for CEOs like Jamie Dimon, the CEO of JP Morgan/Chase. You might remember Dimon’s tone-deaf Christmas cards like the one he sent out below in 2013. Sure, people are allowed to send out glaringly condescending tennis-ball filled Christmas cards while they spend enough money to pay off your mortgage on a lunch trip to Switzerland for their dog. But to celebrate their wealth after having been the beneficiary of a $25 billion taxpayer-funded bailout in 2008? That’s just tacky.

I guess Dimon’s Christmas card is nearly as neat as 49,324 Sherman tanks, plus twenty-three aircraft carriers, and a zillion movies, at least some of which had Clint Eastwood. Okay, I’ll take that back. Having Clint Eastwood World War II movies is even more important than the ultimate comfort of a billionaire banker. There. I said it. Go ahead and judge me.

I guess pictures of a pampered CEO are close.

Thankfully Jamie Dimon never had to miss a meal.

At some point, there’s a mathematical limit where debt actually matters. After World War II, the United States dealt with debt through a crazy plan: paying it back, while growing the economy. As we stand right now, with the exception of spending enough on defense to cause the Soviets to collapse, we’ve gotten very little out of that debt. It’s like the nation has since 1990 gone on a spending binge like a six year old with addled on sugar with Mom’s credit card, ending up with a pile of Amazon® packages and next-day Prime® diabetes.

Outside of the economic mess which would have gone off at some point with our without the WuFlu, we’re a nation divided politically. The split has been getting worse and worse through time. People have cut off relations with relatives because of political differences that would have made for amusing table discussions even a decade ago. The creeping socialism that’s been winding its way through society since FDR’s New Deal used the Great Depression to introduce sweeping social changes that wrapped themselves around the national brainstem is now fresh again, back like Nic Cage on a bad sequel.

The idea of infinite benefits from a magical printing press is as old as any fairy tale, and we share it with our children every year – he’s called Santa Claus. But lots of people don’t believe in Santa Claus. Why?

Because Santa’s not real.

Santa can’t exist as he violates a fundamental law of the universe – There Ain’t No Such Thing As A Free Lunch, or TANSTAAFL, as Pournelle and Niven would have said. Heck, the one thing the Soviets in a gulag and hard-core libertarians agree on is: If you don’t work, you don’t eat. No wonder my kids came back so tough after a week at Ayn Rand Preschool – you had to have the will to take the bottle.

People in socialist countries are the only ones who envy the high tech that the Amish have.

These tensions – the financial system collapse tension plus the political division tension – don’t lead to a good outcome. It’s been noted by commenters here and elsewhere that as long as things are good and bellies are full, people won’t revolt. But if you were saving for a rainy day, look outside: it’s pouring.

As I see it, there are three major ways this situation plays out – and none of them end up with 2030 being “business as usual” anymore.

First alternative: the Left takes over. Just like in Virginia, the Left will spend about 20 minutes before they decide to implement their entire basket of changes. I don’t think that this is likely. The reason is that at this point I don’t think the Right will go gently onto that goodnight. They have realized that gun rights “compromises” include only taking rights away. The Right is not keen to compromise on any rights, which is why the recent push-back came against the Coronavirus-related state shutdowns. If the Left tries this, there will be some level of anarchy. And we all know how many anarchists it takes to change a lightbulb: none. Anarchists have never changed anything.

Second alternative: the states Balkanize. The entire experiment breaks up. The Right isn’t interested, for the most part, in controlling what goes on outside of their state, and would be quite amused to watch New York and Los Angeles figure out that the things that make their lives good, like food and gasoline, all come from places they don’t like made by people who don’t like them. Pretty soon they’d be trading Netflix® subscriptions for potatoes. The reason this is a solution of the Right is because Red State people want their freedoms and to be left alone to grill. This is a difficult outcome – splitting up the states seems to fall along party lines, but lots of Blue states have a Red ring around them, and lots of Red states are covered in Blue dots.

The Third, and in my mind an increasingly likely alternative is an American Caesar.

The Roman Republic officially started in 509 B.C., but at the beginning wasn’t much more than a high school audio-visual club with dominion of around six neighborhood blocks until about 282 B.C. It was at that point when the Romans finally took over most of the other tribes in the local area and began to vie for domination of the Mediterranean against Carthage for Blockbuster® franchise rights.

“I hate it when they price just one dollar over. Seems so, disloyal, right Brutus?”

The Roman Republic was fed by expansion. At the time when Caesar became a de facto emperor, Rome controlled not only modern day Italy, but most of Spain, Portugal, Greece, a lot of the northern coast of Africa, France, Belgium, and the Balkan area. Does a republic or a democracy expand? Yes – whoever thought a democracies don’t start wars was as deluded as Joe Biden when he recently denounced President Lincoln for the way he’s handling the polio epidemic.

The Roman Republic lasted until Julius Caesar created and took the throne as dictator after political intrigue. He stepped into a situation where his political enemies were out to get him, and had passed a law to strip him of his troops. Politically and popularly, Caesar was already famous – he had written Commentaries on the Gallic War, which was a bestseller that described his military exploits. It was popular in Rome, and meant at least partially as propaganda to the common people to sidestep the Senate and official media. Sound familiar?

Caesar knew that his political enemies had a trap set for him when he returned – he was certain they’d strip his titles and wealth from him, but, he had an army that was more loyal to him than it was to Rome. When he led Legio XIII (the 13^th Legion) across the Rubicon River, Caesar legendarily said, “The die is cast.” By law, Roman Consuls gave up command at the Rubicon, some 200 miles north of Rome, which was probably about a hard 10-day march over the good roads at Rome. The Senate heard that “Julius is coming,” and got out of there faster than your Leftist friends when it comes time to split the bill for lunch.

Although things were politically precarious at that point, this was the big step. Rome tipped into a civil war. Caesar won, and the people were, generally, pleased, mainly because salads were popular back then. That’s why a few years after Caesar was assassinated, Augustus Caesar was able to take the title – the people were wanting to end the political nonsense, even if it meant a kind of tyranny: this wasn’t the first nor the last time this deal would be made. The people of Rome at that point didn’t want to elect a leader – they wanted an end to the chaos. If the result was an Emperor? So be it.

Spoiler, Caesar died. It would have been much worse if he had continued as a vegetable – let us mourn him.

So far, the leader of the United States has been (more or less) elected through legal means. The Electoral College itself is a great bulwark against fraud – it’s hard to fake enough votes because the dead voting in Chicago alone won’t do it. You’d have to have recounts in cemeteries in dozens of states.

With the jobless increasing 22 million in four weeks, chaos is on the way once people can leave their basements. Unless COVID-19 interrupts, I expect actual riots at the Democratic Convention, especially if they forget the Tupperware® they keep Biden in. Given how much economic activity has already cratered in the United States – total credit card spending is down nearly 30% since last year, but the rent for the store is the same. Businesses won’t be hiring anytime soon, and there’s no way that this will be a sharp recovery.

That economic and political turmoil that we’ll see in the next few years is ripe for a hero, a savior to come forward. Will this new leader look like the old Caesar? No, certainly not. Certainly this savior will be someone that many people know, and look up to.

Tom Hanks?

Maybe President-for-life Tom Hanks? Nah, I hear he eats baby kittens.