Fight Club – Page 2 – Wilder, Wealthy, and Wise

Change, Batman, Male Prostitutes, And Bears

“You were looking for a way to change your life. You could not do this on your own.” – Fight Club

My Chinese friend gave me an iPad. I just love homemade presents!

I can tell when I’m really ready for change. I don’t think about it. I don’t plan it.

I do it. I become it.

Instantly.

How can I tell when I’m not ready to change?

I think about it. I plan it. I consider ideas like, “starting Monday, I’m going to . . . “

Then Monday comes around. Meh. There’s always next Monday.

Change is instantaneous, it’s a drag racer (I mean cars, not men in dresses that for some unspecified reason like to read to children) after the pedal has been pushed to the floor and the car is launched. The desire to change? That lingers and hangs around on the couch, eating curly fries and thinking about what it one day might do.

Shame on you if you haven’t heard of Fred Garvin, Male Prostitute, who offers professional hygiene, discretion, and animal gratification.

One of my friends when I was living in Alaska shared this story:

Wife: “I’m leaving.”

Husband: “What, what the hell? You’re leaving me?”

Wife: “No. I’m leaving Alaska. I’m moving.”

Husband: “Why? I thought that, while we had our ups and downs, our marriage is pretty good.”

Wife: “No. I’m not leaving you, I’m leaving Alaska. It’s fine if you want to come, too.”

My friend (who I will call Tim since that’s his name) said that this was a constant pattern that he had seen. Perfectly happy couple, and then one day, bam, the wife said she was outta there, done with Alaska except for the rearview mirror. He said it generally happened about 20 years after the couple had moved to Alaska. Sometimes 19 years.

Do mimes with invisible walls have obstacle illusions?

He had no idea why it happened, but it was frequent enough that he’d seen the pattern play out again and again.

Now that, my friends, is change.

Another example more relevant to me is biking. I used to bike a lot, and I know from experience that the only thing that is as insufferable as a gay vegan-Democrat-Crossfit® enthusiast is a bicyclist. But when I decided that I was going to use biking as an exercise to get into better shape (which worked) I went all in. No, I didn’t buy the silly jersey or the clip on shoes or a bike that weighed .03 ounces (351 kiloPascals), but I did buy the gear I needed to be good enough to lose some weight. Hell, I wasn’t racing, I wanted a heavy bike so I had to work my fat ass harder.

So, after 5,000 plus bike miles a year for two years, I found I lost approximately 10 pounds.

Why didn’t the bear go to college? Because bears don’t go to college.

Hmmm, I guess I can’t ride my bike faster than my fork, but when I was on my bike, even though I was far from a world-record anything, I was training as hard as any world-class athlete. Just not as long, and just without the talent that they had. I mean, I was dedicated, but there was no way I was gonna cut my testicle off like Lance Armstrong.

But, again, the change was instantaneous. Just as instantaneous as when I decided to stop biking because I noticed it was causing some damage to my body, and having a bad ankle wasn’t worth losing 10 pounds.

One day, bicyclist.

The next day?

Not.

So, change itself is instant. And also predictable – it always has and always will require just three simple things, as Ludwig von Mises (who is dead) wrote:

A Vision of a Better State

A Path to Get to the Better State

A Belief That My Action Along the Path Will Get Me to the Better State

If you have Vision, Path, and Belief, you change. If I don’t have them, even if I’m missing just one of them, I don’t change. At all. I just sit on my couch eating curly fries.

Anyone can want to change, in fact I’m sure we all want to change. But until we get those three simple keys, we won’t.

When my youngest was five, The Mrs. and I asked him what he wanted to be when he grew up, he said, “Batman”. Now he wonders why we won’t take him to the theater.

Why do people who have heart attacks sometimes become fitness devotees? Because they now have A Vision of a Better State – not being dead next year. They have A Path to Get to the Better State – exercise and eating right. They now have A Belief That Their Action Along the Path Will Get Them to the Better State – their doctor told them, and now they’re paying attention.

That’s a rather extreme example, but it’s one that gets raised all the time.

I think the reasons that more people don’t make changes comes from a few simple reasons:

Despair: They don’t believe that anything that they do can change the situation that they’re in so they don’t even dwell on a better state or look for a path. They’ve given up.

Not Looking: They simply won’t open their eyes to the possibility of something different, or feel guilt, and also can’t see a way, even if it’s abundantly clear to others.

Apathy: They don’t care. Curly fries are easy. Work is hard.

Sometimes change is a conscious choice, but I’ll also admit that sometimes change is forced upon you like the Alaskan husband from Tim’s story above.

If you have something you want to change, change it. You can’t make yourself younger, but you can make yourself stronger than you are today. If you want more money, you can’t write yourself checks based on an IOU that you wrote to yourself (like the government does) but you can earn more or save more or both. I guarantee it.

My grandfather once told me it was worth it to spend money on good stereo speakers. That was sound advice.

Once I asked a friend (not Tim) to write a sentence of their choice as small as they could. They did. Then, I said, write it again, and make it smaller this time.

They did. Generally, the power is within us to do amazing things, but we have to first believe. You can choose change, or it can choose you.

But what you and I do with that? It’s up to us.

Chevron And The Fall Of The Deep State

“I’m Jack’s medulla oblongata. Without me, Jack could not regulate his heart rate, blood pressure, or breathing.” – Fight Club

Don’t worry! I’ve been told by 51 intelligence operatives that the Deep State isn’t real.

I know that the event of last week in the media was the debate. I’ll agree, it was pretty significant, significant enough that I stayed up even later to chat about it with The Mrs., who gets up really early. How early?

JW: Tonight’s debate was thermonuclear.

The Mrs.: You mean yesterday’s debate. Oh, wait, you haven’t slept, so for you it’s still yesterday.

Whatever timeframe you’re using, a really, really big thing happened on Friday. Let me explain, I’m a trained professional.

Let’s go back in time a bit.

Back in 1938, the Congress passed a law establishing a thing called the “Code of Federal Regulations” act. That act required all federal regulations to be put in a single source, which is now called the CFR. Note that I didn’t say a single book, since the CFR pages totaled 188,343 in 2021.

That’s not a typographical error. There are nearly 200,000 pages of federal regulations. They say that ignorance of the law is no excuse, but I’m pretty sure that there is no sane human that could read and retain that insane level of regulation, except for Alex Trebek, and he is, alas, no more.

That meant that people like these were responsible for making the regulations you had to live by, with no restraint. It’s like allowing random members of a Pride march to decide on your healthcare. Oh, wait.

Now, there are several groups that really love that level of regulation:

Lawyers, who build careers on understanding them,
Big Business, to keep out small-fry competition that can’t afford lawyers to interpret the rules to keep them out of trouble,
the Antifa® fascists, who are the people who really get bent out of shape if your lawn is 0.05” higher than the regulations say, and
They exist to write regulations, so they just want to write more.

This is an unholy combination.

Regulations are based on law. The Congress of the United States passes a bill, and the President of the United States signs it, and, a law is created. I learned that on Schoolhouse Rock™ when that damn bill just wanted to be a law.

If we emailed the Constitution to each other, would the NSA give it to the Deep State so they’d finally read it?

Laws, however, almost always constrain human activities. In some cases, like murder, a law can be a net social benefit, at least when the courts actually enforce the law equally and without favor.

But murder is simple when compared to some of the federal laws on the books. I could get into the details, but it’s a federal crime:

to wash your fish at a faucet if it’s not a fish-washing faucet,
to let your pet make a noise that scares wildlife in a national park,
to sell onion rings that resemble onion rings, but made with diced onion,
to skydive drunk, and,
sell wine with a brand name including the word “zombie”.

Yes. This was made the force of law, that unelected regulators could make up whatever they wanted and put you in jail if you didn’t do what they made up last week. This was based on the “Chevron Deference” – a court decision that effectively let the Executive Branch make regulations, enforce them, and courts had to bow to their interpretation. It’s been the rule for 40 years.

Here is a partial list of the people who will actually have to have a law to rely on to take away your rights in the future.

But the most pernicious part of this is that it feeds into the same mindset that the GloboLeftElite has relied on for years. They want to take an existing law and pound and beat it to meet whatever they believe this Tuesday. For example, there was a requirement that industries stop pollutants from going into the air.

That makes sense. I could argue that it doesn’t need to occur at a national level and that states could regulate it and that might make it un-Constitutional, but, whatever. The law is there. It’s been there forever. The regulations meant to enforce the law when it came out made sense – spewing methyl-ethyl-death across the elementary playground might not be a great idea.

On the other hand, maybe it would have made our children strong enough to work in the mines.

But that same law, written decades ago, was interpreted to mean that sweet, sweet carbon dioxide, you know, plant food, is now a pollutant. Why? Because the GloboLeftElite knows that gives them more control, and because it now fits with the Narrative of the Moment despite the original law being signed into law in 1963 and last amended in 1990.

I just found this X account, and I like the cut of their jib.

Since CO₂wasn’t on the list of evil things in 1963 or in 1990, having the EPA to suddenly decide it was evil is just regulators making things up. The Supreme Court said, “No, you can’t do this. You have to pass a law. And no, the President can’t just say so.” The Chevron™ Deferral effectively allowed the Executive branch of government be also the Legislative and Judicial. This is extremely dangerous.

92% plus of people in Washington D.C. voted Biden. If regulations can be made willie-nillie without congress even having to pass a law, well, it will be members of the GloboLeftistElite that will write them. And, remember, these folks live to do one thing: write regulations.

One of the worst regulators at fault is the ATF®, who can’t even decide what a gun is. They’re in trouble on the rules they made up on “ghost guns” and pistol braces, and even the definition of who can sell guns without needing an ATF license.

Make no mistake, this is a shattering blow for the Deep State, who wants to make regulations with the force of federal law, without there even having to be a federal law change in the first place.

Why does the GloboLeftElite and the GloboLeft hate this? Because all of their termites that have burrowed into the Fed.Gov are now less useful, and they actually have to follow the rules to make their changes.

If a priest becomes a lawyer, does that make him a father-in-law?

And that’s the sand the GloboLeftElite will have in their panties. They have to pass a law. They can’t make their regulatory changes in the dark of the night by unelected bureaucrats who reliably only vote for more government.

And, no, I won’t be waiting up for The Mrs. to get up so we can discuss this post. I’ll probably just sneak into bed while she gently snores beside me.

Hey, wait, is there a federal regulation about snoring? I’ll bet there is . . .

Also – this is what winning looks like. Enjoy this one.

Could It All Be Worms Making The Decisions For The Left?

“You can’t have both of the parasites.” – Fight Club

A tapeworm showed up to a party and got kicked out. I guess the guy was a terrible host.

When I think about parasites, I start with thinking about the GloboLeft. Somebody like George Soros has been sucking at the economy, producing no value, and trying his best to control its brain.

Like Toxoplasmosis gondii.

Toxoplasmosis gondii (T. gondii from here on out) is, like a gender-studies major, a parasite. It has an interesting life cycle, in that it often occurs in cats. In reality, it can infest any warm blooded animal (and birds as well) but most people are aware from due to its association with cats, and not the Broadway musical, but the fuzzy felines.

I want to write a Broadway show titled Vocabulary. It’ll be a play on words.

T. gondii likes to infest cats. Since it occurs as cysts in animals, T. gondii has developed the ability to change the behavior of mice and rats. Specifically, T. gondii changes the brain and behavior patterns of rodents to make them less worried about being dinner.

Of things that rodents don’t like, “being eaten alive” is pretty near the top of the list. Uninfected rodents really hate the smell of cat pee and avoid it, since cat pee often occurs near where cats are, and cats like to eat rodents alive, just for sport.

However, give a rodent an infection of T. gondii and it either loses it’s aversion to cat pee or becomes attracted to it. It also reduces the behaviors associated with avoiding predators and makes the mice more bold and less worried about predators. It also makes them hyperactive, increases the distances they travel, and makes the reckless when they show up at a new area.

Yes. T. gondii turns mice into little mobile food trucks for cats. This is on purpose, so the cats eat the mice, and then get infected, and then poop, and then spread T. gondii everywhere.

Mary Poppins Food Truck Review: “Super cauliflower-cheese but the lobster was atrocious.”

Well, there’s a horrifying thought! A parasite that changes the behavior of creatures! Thankfully humans don’t get it, and it doesn’t impact human behavior?

Well, nazzo fast, Guido.

It turns out that T. gondii just loves to hitch a ride into humans. And just like it changes the behavior of rats and cats and mice, studies have shown that it also impacts humans as well. How?

T. gondii has shown to have some of these effects in people:

Increases impulsive behaviors,
Increased car accidents,
Increased road rage, and
Increased mental illness (like schizophrenia and bipolar disorder).

Yeah, T. gondii is a disaster for people since if you look at the list above, it appears to turn them into GloboLeftists. It also messes with human immune systems so it doesn’t get eaten, makes healthy cells die, increases inflammation, and may even encourage other parasites to join the party by downregulating the parts of the human immune system that keep them out.

Staying up all weekend is fun – after all, sleep is for the week.

Thankfully it’s rare, right?

Nope. In women of childbearing age, infection rates are:

50%-80% in Latin Americans,
20%-60% in Eastern Europeans,
30%-50% in the Middle Easterners,
20%-60% in Southeast Asians,
20%-55% in Africans, and
7% in the United States natives (2004 data) but 28.1% in foreign-born.

Billions of people have this parasite, T. gondii. But that’s just one parasite.

I had that parasite. Didn’t care for it.

Let’s take this a step further.

There are large numbers of parasites beyond T. gondii that infect and impact humanity. I looked it up and came to two conclusions:

Parasites are really gross and repulsive.
There are hundreds of different types of parasites out there.

How likely is it, of all of the different types of parasites that impact humanity that the only one that impacts behavior is T. gondii? If I were a betting man, I’d lay money that there are certainly more parasites than not impact behavior. And since many of these parasites require exposure to blood or poop to increase the number of hosts, well, might the behaviors that the parasite “encourages” be tied to more exposure to those things?

It’s a thought.

Once again, when looking at the religious themes of chastity, heterosexuality, monogamy, and modesty, it occurs to me that all of those virtuous behaviors – every single one of them – reduces exposure to parasites and disease that may take over our minds.

Is it just a coincidence that as adherence to chastity, heterosexuality, monogamy, and modesty are tossed away as old, outmoded thinking that we find ourselves in a world surrounded by triggered adherents of Clown World? Perhaps the warnings we’ve seen in the past of those possessed by demons was, at least in part, based on parasites. It seems like all the behavior that leads to the fall of civilizations tends to increase the likelihood that people will catch parasites.

Where do Viking clowns go? Val-ha-ha.

Maybe, maybe it’s only the GloboLeft, but the GloboLeft is actively encouraging behaviors that result in the perpetuation of parasites. Today. Ever wonder why the GloboLeft reacted so harshly to ivermectin being a potential cure to COVID? It kills parasites.

What would have happened if GloboLeftists had taken it and found out that their lives are a lie and their predilection to certain sexual practices was actually parasite mind control?

Are the GloboLeftists, in addition to being parasites, are also being consumed and controlled by parasites?

You be the judge.

The Latest Attack: White Fortressing

“Lord Vader will provide us with the location of the rebel fortress.” – Star Wars, A New Hope

I lost a castle in chess once. It was a rook-y mistake.

One of the unintended consequences of a multicultural society is the way that identity fuels animosity and envy. In the latest story from this dispatch comes the concept of “White Fortressing”.

What on Earth is White Fortressing? Does it involve a series of blankets covering the dining room table and various chairs to create a blanket fort, but this time using only white blankets?

No. In Louisiana, besides the Gumbo Landslides and the Alligator Squadron attacks, one of the things that people wrestle with is government. In Baton Rouge (French for “smells like mold”), Louisiana, there the people in one area have been trying to split off from the local parish. If you’re from Louisiana, no one calls those subdivisions “a parish” except you. I blame the Louisiana Purchase.

Why? People in Louisiana do things, um, differently. Heck, if Adam and Eve had been from Louisiana, they’d have eaten the snake, too.

Pictured: Louisiana after half an inch of rain.

This group of about 100,000 folks wanted to form their own city, which they have called St. George. Because this new city would be only 12% black instead of 50% black like the rest of East Baton Rouge Parish, Dr. Luisa Godinez-Puig of the Urban Institute™ coined the phrase “White Fortressing”.

What’s Dr. Luisa Godinez-Puig’s job title? “Equity Scholar.” And given that job title, it’s no wonder that, wherever she looks with her beady little eyes she sees inequity. To be fair, I can’t really tell if they’re beady, but the low-resolution picture that she uploaded makes me think that when her friends tried to set her up on blind dates they described her as having “a great personality except for the everything is racist bit”.

According to the article written by Dr. Luisa Godinez-Puig and someone named Muttley, er “Smedley” who I am sure is completely not a dog that communicates only by snickering, White Fortressing is “opportunity hoarding”. What’s that? You mean, gasp, a community would want to spend money on itself rather than ship it to other people?

I wonder if Dr. Luisa Godinez-Puig and Smedley had a cartoon, would it be called “Wacky Racists”?

To quote myself in a discussion with a friend, “Why should I want to ship money overseas? I don’t want to ship it to the next county.”

It appears that the big reason that St. George wanted to make itself a city wasn’t because Louisiana was in desperate need of a new mayor, nope, the East Baton Rouge School System appears to be crap. How crap? WAFB™, which I assume stands for War Air Force Base, reported that there were 6,587 fights that were reported in the school district over the past two years. Given that there were 40,000 students in the System, it’s likely that just under 27,000 students weren’t pulling their fair share and starting fights.

Let’s be real: most fights aren’t reported. So, this would indicate to me that the schools are likely much more violent than would be indicated by the raw numbers above. So, in 2013, a group of parents decided that enough was enough. In the St. George area, there were 16,300 or so kids going to school. Of that number, some 7,700 went to private school. I think it’s obvious why: It’s to protect the poor kids, since the rich kids can hire hitmen to take care of business.

To quote Dr. Luisa Godinez-Puig and her sidekick Smedley: “When white communities fortress themselves, they siphon away resources from the larger region, including communities of color.”

Important note: before providing Human Resources with a urine sample, make sure they requested one first.

That’s what the people of St. George are to Dr. Luisa Godinez-Puig and her sidekick Smedley: “resources”. I suppose that a charitable way to put this is that these people are really just tax slaves. The “Opportunity Hoarding” that Dr. Luisa Godinez-Puig and her sidekick Smedley describe is really just Dr. Luisa Godinez-Puig and her sidekick Smedley’s Opportunity to Hoard the tax dollars coming from people who just want out of a failing, violent system.

Those ingrates! They and their children should just stay and take the beatings and worse that they so obviously deserve!

This is the mind of the GloboLeft: their job isn’t to provide a shared initiative to block those who would try to invade or enslave us. Nope. They view their job is to mine us for resources so we don’t “Hoard” our productivity and thus deprive them of their “Opportunity” to extract their pound of flesh.

The hypocrisy of the GloboLeft is laid bare by this:

Their god is democracy, except when people vote against them. This is why they always use the term “Our Democracy”. You and I simply do not need to apply.
If white people leave an area due to violence or high tax rates due to transfer payments, it’s called “White Flight” and it’s bad. So bad, because (apparently) the GloboLeft really wants people around?
No, they don’t. When white people move back into an urban hellscape and begin to economically transform it for the better, that’s “Gentrification” and it’s also bad because it raises the taxes from their previous “urban war zone” level.
Finally, if people just want to stay in the same place, and govern themselves, their horribly shellfish because they don’t want to share their taxes with the greater region. Heck, those ingrates probably don’t want to ship their tax dollars to Raytheon™ so they can build bombs to give to foreign countries or Boeing® so that Boeing© software programmers can continue trying to solve the deep mystery of the coloring book in the break room.
Who self-segregates more than anyone? The GloboLeftElite.

Hey, don’t laugh, battering rams were a real breakthrough.

The GloboLeftElite always, always, has the same idea – the things that are produced by individuals belong solely to them – there was a reason the Iron Curtain existed – and it wasn’t to keep people out. Whereas I really do believe that certain services and regulations are required, my view of the world is “anything not illegal is allowed.” Their view? “Anything not mandatory is prohibited.” I wish that last phrase was something that I made up, but it’s not, but I wish even more that the GloboLeftElite hadn’t heard it, since it appears to be their game plan.

The aptly named Larry Fink.

An irony of this is that the school district proposed by the folks who put together the city of St. George isn’t even particularly white: only 35% of the public school students would be white.

I guess, in the end, White Fortressing simply means, “Not spending your tax dollars the way our GloboLeftElite overlords wanted”. Maybe they could shut themselves up in their own safe space.

What color blankets do you think Doctor Luisa Godinez-Puig and her sidekick Smedley would want?

Catabolic Collapse – Coming Soon To A Place Near You

“Out these windows, we will view the collapse of financial history.” – Fight Club

My friend struggled with steroid addiction, but it only made him stronger.

If you’re a bodybuilder, the word “anabolic” is your friend. While often used in conjunction with the word steroids, anabolic really means “taking the proteins and stuff you eat and turning it into more complex stuff for your body”. Like I said, that’s a good thing if you’re in shape as a body builder. The Mrs. says that that spherical is technically a shape, so I guess I’m technically in shape. At least in “a” shape.

But just like there is day balanced by night (see, I can be poetic!) anabolic is balanced by the less commonly used word “catabolic”. And, just like an anode has a cathode, catabolic means the opposite. If I’m dieting, the word catabolic is my friend – it rips apart complex molecules like fat that represent stored energy, releasing the energy, and making my shape appear less spherical as the fat is turned into energy releasing sweet, sweet CO₂.and plutonium.

Ahh, back when a screwdriver was the height of nuclear safety protocol. (meme as found, if obscure, look up “demon core”).

Economic growth is anabolic. Building a house takes a complex logistics chain of materials and manpower and creates a yet more complex outcome, assembled only with effort and time. A house fire is therefore catabolic – it torches and burns the whole thing down, much faster than it took to build. But allowing a house’s roof to fail and the house to rot is also catabolic – it just takes a lot longer.

Just as it applies to houses and body shape, catabolic can also apply to economies. Essentially every day after the paving of a road is complete, the road is rotting. At first this happens slowly. However, then, as water gets a chance to penetrate it and freeze and thaw, the decay happens much more quickly.

What happens when we can’t afford to fix stuff? It slowly rots. Buildings slowly decay. Street signs fade. Water pipes burst. Kardashians move in.

How are Kardashians like deer? They get new racks every year.

Just like keeping a body from starving requires continual food, keeping a complex system operating and running requires continual wealth and effort. Every bridge, unless maintained, will collapse. A comment last week talked about a pullback of restaurants in their area, more in keeping with what was in place decades ago.

Decades ago, even in Modern Mayberry, there weren’t a lot of external chain restaurants, not even a McDonald’s™. McDonald’s© business model requires a Regional owner who owns multiple McDonald’s™ to build a restaurant on land the McDonald’s Corporation© owns and lease the restaurant from the Corporation®. It also requires that the restaurant go through suppliers that the Corporation® selects to purchase stuff like food and cups and napkins. On top of that, the Corporation™ takes a percent off the top for profit.

The Regional owner pays the Corporation©, but also takes the profits. The remainder goes to costs, including labor.

I once had a sirloin sandwich at McDonald’s®. I’ll never do it again, that was a Big McSteak™.

Back in, say, 1960, all the profits, including the money the local bank lent for the mortgage on Ma and Pa’s Diner, stayed in the community. Many of the costs would as well, especially if the beef and vegetables were locally sourced through the butcher. While the City wasn’t a closed economy, it still retained a lot of the money currently being extracted and kept it local. But when the economy is prosperous, there’s enough wealth being generated, and the extraction of a bit of it doesn’t matter all that much.

Now? The excess cash is hoovered out of the local economy with maximum velocity. That turns the people that would have run Ma and Pa’s Diner or the butcher shop or the local grocery store into wage employees rather than entrepreneurs. Amazon© and eBay™ have removed the reason for small shops selling specific items like games or cooking utensils, and that leaves room for Walmart™ to sell bulk commodities. At least our local Walmart® isn’t like a Target® store in the big cities, which I hear now come complete with their own police precincts.

In a small town like Modern Mayberry, that’s one thing, but last week I wrote about the beginning of the collapse of the casual dining (as opposed to the philosophic problem created by causal dining) restaurant chains. There are none of these in Modern Mayberry, because we’re far too small for an RedAppleChiliLobsterBees™. No, the extraction is starting to fail in the suburbs as well.

I always stop my microwave when the clock hits 0:01, which makes me feel like a bomb disposal expert.

It was mentioned that area was going back the earlier “norm” of restaurants, but the reason is because the middle class has been squeezed. This squeezing of the middle class is catabolic and will destroy demand. This is why, right now, the economy shrinking while stocks continue upwards. A recession is occurring in the middle class even as profits are up. This is the collapse, but as discussed last week, it’s not sudden, until it is.

I’ve described Modern Mayberry, but I’ve also described the core areas of many larger cities, where as our economy moved from making things into reality to making profits on paper, the core died. I’ve walked through the bones of industries long sent overseas and seen the majestic steel columns holding up the roof over an empty space, long since dead and forgotten. That’s also catabolic.

The good news is that it starts slow, but picks up speed. As I’ve said before, we’re standing on the edge of a new land ready to be born, that will be far different from what we’ve seen in the past. The things we’ve taken for granted will no longer be there in many cases. I’m looking at you, Social Security.

When The Mrs. was giving birth she seemed in discomfort, so I asked, “What’s wrong, honey?” She responded, “These contractions are killing me!” So, I asked, “What is wrong, honey?”

What matters is the rebuilding. There will be choices to be made – some that will lead to freedom, some to serfdom. As we’ve seen that paths leading away from the True, Beautiful, and Good always end in failure, most often spectacular failure, I’m optimistic.

I must be. That’s why I keep dieting.

Forbidden Economics: The GloboLeft Versus The Good

“Out these windows, we will view the collapse of financial history. One step closer to economic equilibrium.” – Fight Club

My neighbor has had a bad financial crisis. He has to drive a car without a top and his car doesn’t have a roof.

Monday’s post was about Forbidden Science. These are inconvenient truths that simply don’t fit into the ideology of a GloboLeftist. In the tradition of the very best GloboLeftists, whenever this inconvenient set of facts conflicts with their ideology, they do what rational people have always done – they consult how the facts disagree with their ideology and change their positions. Nah, just kidding. Instead GloboLeftists ignore them and stick their fingers in their ears and yell loudly “I’m not listening to you! I’m not listening to you! I’m not listening to you!”

Wednesday is the day I typically post about economics and related issues, so what better topic than Forbidden Economics? Just like on Monday, I’ll start with things that the GloboLeft actually believes and then make fun of them, primarily because they deserve it.

Me? I say bring back the positive power of bullying.

I was a bully to this orphan kid in school. I mean, it wasn’t like he was going to tell his parents.

GloboLeftists believe that Modern Monetary Theory isn’t just made-up justification for “I spend what I want”.

Modern Monetary Theory (MMT) has quietly taken the place of any sort of rational thinking. When I first wrote about it, it seemed so fringe and tongue in cheek that I was shocked anyone smarter than AOC would fall for it. I know, I know, that leaves about 85% of the country, but the GloboLeft has willingly and enthusiastically embraced MMT.

What is MMT? It’s the theory that, since money is entirely made up in the first place, that it doesn’t matter how much you print. Yes, you read that correctly. The idea is that money is like points in a football game. When a team scores a touchdown, there aren’t some vat of points that are decreased to add points to that team’s score. Instead, they’re made up. The limit to the number of points that can be scored in a game is based entirely on the productivity of the teams.

If we reset to zero every day and all played NFL® football, well, that might make sense. In MMT, the idea is that extra cash is just soaked up via taxation rather than the game ending.

What happens when the score keeps going up from game to game.

But the GloboLeftElite really, really don’t like to be taxed. As much as Warren Buffett complains that he’s not taxed enough, the one thing Warren never, ever does is send more than he owes in taxes in voluntarily. In fact, he has fleets of lawyers working every angle possible so that he pays the least amount in taxes possible. (Note: If Donald Trump were to try this he would be tried for felony tax evasion.)

There are two types of people in this world: Those who can find an answer through simple deduction.

This is not a new thing. It really started under W., and has continued through Obama, Trump, and Biden.

But what could go wrong?

GloboLeftists believe that women are cheated in the workplace, earning less than men.

I’ll start by reminding everyone that GloboLeftists don’t even know what a woman is, to the point that a sitting Supreme Court Justice was unable to define what a woman was during her Senate confirmation hearings, and sits on the Supreme Court.

However . . .

The reality is that women actually make more than men when their wages are controlled for things like, oh, career choice, amount of overtime put in, time taken off to have children, et cetera. The idea is so simplistic in that it takes everyone, puts them in a bag, and says that the average man makes X, and the average woman makes 0.8X.

Yes. That’s true. But when I went to a college graduation several years ago and they called out the engineers, 90% plus were men in some fields, and in no engineering field were women even close to a majority.

And they both give sound advice.

I wonder if that could be partially a reason for a pay difference?

Nah. Sexism is easier, and if people will swallow MMT, they’ll swallow anything. I mean, we already knew that about Kamala.

GloboLeftists believe that increasing a labor supply won’t decrease wages.

Immigration is an amazing source of brain rot for GloboLeftists. They think that bringing in hordes of illegal aliens won’t drop the price of unskilled labor. Now, not for one minute do I believe that’s the case, and neither do the people (the GloboLeftElite) that are feeding those thoughts to the rank and file.

But lower labor costs mean higher profits, so why not bring in not only illegal aliens, but tons of people on H1-B visas to take the jobs that Americans had – the number of stories of people showing up to work only to be forced to train their replacements to “earn” their severance package is so common as to be boring. It doesn’t even make the news anymore.

Yet the flip side is that they also don’t think that raising the minimum wage will have any impact on prices?

As found.

The last belief that I’m going to touch on that the GloboLeft has is this: history has nothing to teach us about the danger of an irreligious society basted in feminism and socialism.

Hey, wait, do you hear someone yelling “I’m not listening to you! I’m not listening to you! I’m not listening to you!”?

I’m sure it’s not just me. You can hear that, right?

Oh, and as a follow up to Monday’s post, here is NASA’s Administrator. He believes the far side of the Moon is always dark. Really.

You Want Dark Ages? Well, That’s How You Get Dark Ages.

“In the world I see, you are stalking elk through the damp canyon forests around the ruins of Rockefeller Center. You’ll wear leather clothes that will last you the rest of your life. You’ll climb the wrist-thick kudzu vines that wrap the Sears Tower. And when you look down, you’ll see tiny figures pounding corn, laying strips of venison on the empty car pool lane of some abandoned superhighway.” – Fight Club

I had to stop working in the granite industry: it was counter productive.

Grug want break rock. Grug grab other rock, smash rock. Rock eventually breaks. Grug happy.

Another example: Grug want break rock. Grug create iron ore mine. Grug create coal mine. Grug find tree. Grug mix use coal and iron to make steel hammer. Grug smash rock. Grug happy, much faster.

Yet another example: Grug want to break rock. Grug create iron ore mine, coal mine, chemical factory. Grug find trees, sulfur. Grug make hammer, drill, and dynamite. Grug break rock real fast. Grug very happy because Grug like blow stuff up.

I stole this example from Grugwig von Mises, the Austrian economist who thought about these things a lot. The indirect way to do something is generally more efficient. It’s most direct to break a rock with a rock, but it’s much, much faster to blow the rock into gravel and you can do a lot at one time. And it’s really cool.

What sound does a piano make when it falls down an ore well? A-flat miner.

The catch, of course, is that to do things indirectly, there have to be multiple industries and infrastructure supporting the indirect method. And, if any of them fail, the method becomes more difficult, if not impossible.

One big example of indirect work in our economy is the impact of the computer and the Internet. Paul Krugman, (who is always wrong) said that the Internet would have no more economic impact than the fax machine. Of course, since Krugman is always wrong, he was wrong this time, too.

The Internet is a vast communication web, moving data about everything, everywhere, all at once. It is now pervasive, and has been for decades.

Decades?

Krugman? More like Grugman.

Yes. Back when I lived in Alaska, one of the two fiberoptic cables to Fairbanks was cut by a backhoe operator, thankfully mostly cutting Fairbanks off from Paul Krugman’s stupid ideas. What was the backhoe guy digging for?

I have no idea. Everyone in Alaska has a backhoe, a skidsteer, and a dump truck. And they were always digging. I think they might be part mole. Maybe they were digging for this:

Meme as-found.

The result of this one fiber being cut, though, was apparent very quickly: couldn’t buy gas. At all. Even with cash. Credit card usage? Nope. And I think prescriptions were similarly impacted.

Now, at work and home, I still had Internet – it was like nothing had happened since my employer must have gotten Internet from the other fiber. But it was unusual to see so much dependency – I hadn’t realized how much infrastructure was hooked up and required the Internet. In Alaska. In 2005.

The reason is that the Internet allows information to move freely. Information used to be hard to move. Now, information moves at near lightspeed in many places. It used to be the way to get information from one place to another was the most direct – mouth to ear. Then writing, probably to let someone know the sad facts about very fat their mother was, was invented, and is probably carved under half the pyramid blocks.

When I got arrested for graffiti, I tried to deny it, but the writing was on the wall.

Then, books preserved information about many fat mothers through centuries and made it much easier to share from Rome to ancient China. Finally, we have Internet pages and ebooks that share stories about maternal adiposity around the globe in an instant.

But, one funny thing – the more direct methods such as carving in stone and the ancient legends of huge hulking mothers whose buttocks block out the sky remain. But books burn. The ephemeral website? It may reach 90% of the planet yet be gone in an afternoon. Think of the deprivation of the future world of all those unsung stories of mothers whose gravitational pull could disrupt the very alignment of the planets.

What brought this to mind was that a big chunk of the Internet disappeared today. I think it’s back, but I don’t go on FaceGram™ or InstaTok©, but I think those are both back.

To be clear, those cannibal tribes in the Amazon (the river basin, not the company) didn’t even notice. Why would they? Their methods, their lives are the most direct. They don’t depend on getting ammunition for their bow from Cabela’s®, rather if they need a new arrow, they make one out of the stuff that’s lying around.

I hear Dwayne Johnson is going to star as a time traveler who has to go back to ancient Rome to steal a document from Augustus. It’s called Rock, Paper, Caesar.

The upside of this communication is that I can see first person video of drone attacks in the Ukraine within hours of a strike. The downside is that by knowing, people feel a philosophical burden – they have information about something yet are (mostly) powerless to do anything about it. Think about Michael Collins, orbiting above the Moon. He had a contingency plan if the landing had failed and Armstrong and Aldrin were lost.

“I’d go home.”

Why? There would have been nothing at all that Collins could have done. He knew that, and so did Neil and Buzz. Many things are like that, best not to obsess about them.

Our modern economy has created a great deal of leverage using cheap information combined with cheap information processing – efficient supply chains and people working in far-flung areas.

These systems, just like the chemical factories that Grug made to make his Grug dynamite to break his rock are inherently more fragile than the direct. How fragile? Back in 2017 or so, a congressional report came out that predicted that up to 90% of Americans would die in the event of an EMP taking out the power grid.

I have to remember that the rhythm is to “Staying Alive” when I do CPR, and not “For Whom The Bell Tolls”.

Knowing congress, they’ve done nothing to make the systems better, with the potential exception of trying to make EMP proof margarita machines.

I’m in hopes that the looming competency crisis, where complex systems become unreliable due to being put in the hands of the unqualified while the competent people are shuffled aside, won’t bring the take down those same systems, and with it, our society.

We’ll leave that to your mom. I hear that, though, she’s old enough that when she was a kid with Grug, there was no history class.

(Irony – I lost all Internet at my house while writing this one.)

The Funniest Post You’ll Ever Read About Bank Failures And Yachts

“A major one.” – Fight Club

What did Kim call his yacht? His dictator ship.

Last March, Silicon Valley Bank® failed. In a big way. Because the people who deposited money in the bank own things like yachts and senators, well, they escaped with hardly a haircut. The Federal Deposit Insurance Corporation® (FDIC™) normally ensures deposits for $250,000 per account holder. In this case, they decided, nah, what the heck, we’ll make sure that Roku® and Oprah Winfrey and Prince Harry don’t lose a dime.

Ironically, today the Internal Revenue Service sued the FDIC© for $1.45 billion in back taxes they say that Silicon Valley Bank™ owed when the FDIC© took it over. Sure, it sounds like on part of the government is suing another part of the government for play money made up by the (non-federal) Fed™ but the FDIC™ is supposedly independent and gets its money from the member banks.

Which are members of the Fed™. Which prints the cash.

If this sounds as incestuous as a Hapsburg family stump, well, it is. And of course I’m going to go with a fresh meme about the Hapsburgs, because that’s what all of the cool kids are doing today.

A Hapsburg walks into a bar, the bartender says, “Why the long face?” The prince says, “Generations of inbreeding.”

The root cause of the Silicon Valley Bank™ failure is that they lent money for long periods at low interest rates. When interest rates go up, those loans aren’t worth a lot, at least to the bank. Right now, my mortgage has a lower interest rate than I’m getting in checking.

Silicon Valley Bank™ looked at all the crappy loans they had, and did the math, and found out that they were worth less than zero. Even worse, their bigger depositors heard (because depositors who own senators seem to get advance notice) and started to pull their money out.

Since those folks had friends, they told them. Soon enough, everyone wanted one thing – they wanted their money out of Silicon Valley Bank™. Rational people realized that if this was a problem at Silicon Valley Bank©, it was a problem everywhere.

Silicone and silicon – electrical engineers know the difference – no one trusts them around silicone.

In a thought that gives central bankers and senators cold sweats (after the previous night’s booze wears off) is the idea that people lose faith in the banking system. Oddly, this wouldn’t be a problem if we used money made out of gold and silver, but since ours is just as much a fantasy as thinking that diversity enriches us all.

So, there’s a problem that’s impacting literally every bank. Some big ones have failed, but thankfully Duchess Markle still has her cash so she can get enough publicity to hide from commoners like me. What’s the solution?

First, pay off everyone so no one is scared and Oprah doesn’t have to fly commercial with mere mortals. Second, flood the system with money. If a bank needs cash? Wheelbarrows of it?

Give it to them.

Thankfully Congress took a break from sending your tax dollars to Ukraine to bail out Oprah.

Last year, banks were paying 0.10% or so for crappy checking accounts. This summer, rates started shooting up, so I snuggled into some CDs that paid a lot more than my mortgage cost. Then, last month, I got a call from my bank where I set up the CDs.

“Mr. Wilder? You have money in other banks, right? If you deposit (a few thousand) dollars from accounts outside of your accounts with us into savings, I can give you a 4.5% rate on checking and savings.”

What????

If there’s one thing I know about banking, is that bankers are not generous except to themselves, senators, and Oprah.

I check with him, drove to the nearest branch of Major Bank™ in Mt. Pilot, and tossed a few thousand in. Could I take it out later?

Sure!

I am informed this is funny because horses often live in stables, so this would be a violation of California’s work safety laws.

I started wondering about this, but soon enough came up with the answer: when I make a deposit in the bank, I’m making a loan to the bank. And if they’re offering me nearly 5% for just parking cash at their place, that means . . .

I’m their best alternative for a loan. Me. John Wilder. Enough so they paid a dude to call me and ask.

Yup, it’s just that simple. And they called me to ask me to make a loan, and offered to pay me over four times what I was making on my cash to make that loan. Reading a bit further, it turns out the way that the Fed™ shoved money down the collective throats of the banks was through the Bank Term Funding Program (BTFP).

Yes, the Fed© created the BTFP, loaned the money to the banks who then deposited the money . . . at the Fed™. I’m not making this up. As of March 11, 2024, the Fed© will no longer be making more BTFP loans at those sweetheart rates. All new loans would be made at the same rate the bank gets paid by the Fed©. The gravy train, or at least this gravy train, is over.

When did I get the phone call wanting to borrow a few bucks from Major Bank?

January, 2024.

Since when do I believe in coincidences? And it was weird, it wasn’t a lot of money that I needed to deposit, but I think they were looking to get bigger players than tiny John Wilder.

But at least they’re not insufferable idiots . . . oh, too soon.

And that’s the rub. If banks are looking to borrow cash from me, how bad are their balance sheets?

Dang, I’m worried! Will Prince Harry have enough money to travel the world for 45-minute meetings with his father? Will Oprah be able to afford more caviar?

And, maybe I should take up loan sharking. Maybe I can buy my own yacht, bigger than Prince Harry’s and I’ll sail past him, and look down on him, and try to give Harry that condescending look that appears to be his Resting Prince Face.

And I’ll write a rock song about it.

I’ll call it Smirk on the Water.

What Signs Would We See If The Economy Was Going To Be Okay?

“Martha’s polishing the brass on the Titanic.” – Fight Club

When I met The Mrs. I said, “Titanic.” She said that was a terrible icebreaker.

I worry that sometimes I talk too much about the downsides of workings of the economy and was asked, “What does it look like when things start to look better? What does it look like if it’s all going to be fine?” I know this might seem like rearranging the deck chairs to keep the Titanic from sinking, but, hey, let’s go with it?

These are great questions. Not as good as, “Would you like another beer?” but still very good.

These are also questions that could be political in nature (I might write more about that for Monday) but in this case I’m going to focus on the economy as much as I can, though it’s certain that political will slip in here and there – it can’t be avoided because we’ve got Joe all over the economy.

What will make things “fine” and how will we know when we get there?

If someone steals your booze, does that mean they’ve lifted your spirits?

First: Stop the infinite debt spending.

Several years ago I wrote about Modern Monetary Theory. In a nutshell, Modern Monetary Theory says that if you have a bill, pay it. If you don’t have the money, make it. The theory goes that there aren’t a set number of points in a game of football, so why should there be a set number of dollars in the economy. So, if you have a bill, pay for it.

This is an awesome theory only for a person that has the I.Q. of a Kamala/AOC lovechild. The worst thing about it is that it actually worked in the short term, which is the worst when it comes to an economic policy, because it gives lots of time for Bad Things to pile up.

What made it work is because the United States can pawn the piles and piles of dollars off to the world since everyone takes them because we have nuclear weapons and aircraft carriers and everyone knows what happened to Saddam and Qaddafi when they decided they’d start taking gold instead.

I asked a friend if he wanted to hear about the Russian victory parade. He said, “No tanks.”

Eventually either the desire or ability to soak up the dollars goes away. When that happens, even for a short time, the inflation inherent in the system feeds back.

Can this go on forever? No. Should we, you know, maybe consider stopping it before we totally wreck the economy? If we do that, there will be a hangover and a tough political bill to be paid.

Will we? Yes. As Ben Stein’s dad said, “If something can’t go on forever, it won’t.” That will be a very, very bad day if it’s not one of our choosing.

Also? Fiat economies have a worse track record than Fiat™ cars for reliability.

Second: Stop the Wealth Pump®.

I really enjoyed Peter Turchin’s book, End Times. In it, he convinced me (he also has data to support this) that one of the biggest failures of my lifetime is the priming of what he calls the Wealth Pump™. The really short version of this is that policies that would support concentration of capital in the billionaire class are enacted (for example: open borders) while policies that benefit the average worker (for example: strictly controlled borders) are ignored.

I dropped a piece of ice in the kitchen. I was upset, but then it melted. I guess it’s water under the fridge.

Turchin’s models have shown that the Wealth Pump™ everywhere and always leads to tremendous social turmoil. Even without the economic misery for the common man that the Wealth Pump© implies, the turmoil from the hordes of teeming illegals will create turmoil that will last lifetimes. But stopping the Wealth Pump™ is imperative.

Will Bezos and Soros owned Senators suddenly ignore the billionaire class they serve? At this point, not voluntarily. The bacon-wrapped shrimp and cool stock tips are pretty powerful to keep them in line.

Third: De-financialize the economy by putting out the FIRE.

Finance, Insurance, and Real Estate is called the FIRE sector of the economy. In theory, FIRE exists to serve the actual productive sectors of the economy that make actual things that people need like potatoes, beer, steak, PEZ™, shoes, rifles, books, and toilet plungers.

That’s the way it should work.

Instead, it’s a gambling economy filled with people who try to manipulate and tweak and profit without producing anything. The big oil squeeze of 2008? Rumor was that was a big investment bank trying to make a bet profitable on a short against a particular company. The investment bank didn’t produce anything useful except for profits. By manipulation.

I think FIRE might be more dangerous than fire.

Again, ask the Nancy Pelosi why her stock portfolio is so profitable, and ask why first term Senators do so well in the stock market. Or don’t. But it’s FIRE that’s the primary machine in the Wealth Pump™ and these create increasingly horrific schemes.

Examples? Everything is a subscription because it increases revenue and profits. Now it’s moving into video games: design a game once, sell a subscription to it so that people can’t play it again for free, but instead have to pay a monthly fee. It’s already moving that way for software.

And look into who is buying all the housing. It’s on FIRE.

Fourth: Rational housing valuations.

People need a place to live, and a pod won’t cut it, but houses are now big investments. Why? Because they need more profits to feed the Wealth Pump®. Housing prices returning to something a guy with a high school degree working a manufacturing job can afford is crucial, since that’s where families come from. Is it possible in San Jose? No. It’s possible in Modern Mayberry, but that’s because BlackRock© hasn’t started buying here.

Fifth: Space for humans and A.I.

I know that some are skeptical, but A.I. is already making hundreds of thousands of jobs obsolete. Running a backhoe? No. Writing articles? Yes. Things that are easy for humans, are hard for A.I. Things that are hard for humans (and thus draw a higher salary), are often easy for A.I.

Are expert-level programmers still required? Absolutely. But not as many, since an expert-level programmer acting in tandem with A.I. will have a tenfold increase in productivity.

Who loses? The “not as good” programmers who are now not required.

This has happened before in all sorts of industries. DJs on the radio began voice tracking decades ago. The average DJ makes minimum wage (average, some are highly compensated, most are not) but still the radio stations paid $20,000 to eliminate them because making the product cheaper is what they know.

ChatKGB: it asks the questions.

Automation increases profits, but it doesn’t lead to some sort of techno-utopia where we have three hour work days. People just lose their jobs. As profits have gone up, pay has gone down (relative to inflation) and work hours have gone up for salaried folks.

A.I. hasn’t hit in a big way, yet. It will. Making space for people is unlikely, but necessary.

That’s a summary of how we can tell if we’re going to pull out from the looming economic catastrophe, what it looks like if things are going to get better. I’ve started sketching out a few political things to show that things are going to be okay, and (like I wrote above) will likely show up on Monday.

So, like the Titanic, it looks like we might have a change in destination. But we’re making good time!

The Jenga Economy

“Out of these windows, we will view the collapse of financial history. One step closer to economic equilibrium.” – Fight Club

What do you call a man in debt? Owen.

After 9-11, sales of the Jenga® game really dropped.

I’m not sure why, but in 2002 people had to play Jenga® the old-fashioned way – by stacking dishes in the sink.

But the game of Jenga™ is a pretty good analogy for our economy right now. Jenga© is based on taking one piece from the lower part of the structure and putting it on top. As the game progresses, everyone can see that the structure becomes weaker and more unstable. The game always (at our house) ends the same way: the tower, which now seems ridiculously tall, sways a little bit, becomes unbalanced, and topples.

The pieces then go everywhere, and we leave them on the floor for the herds of stray free-range toddlers in our neighborhood to eat. We’re givers that way.

The economy (to me) looks exactly like a game of Jenga™, seemingly impossibly stretched out and tall.

Pro-tip on how to pick-up women: lift with your legs, not your back.

Examples?

Well, let’s talk about when we turned money into cash. The dollar used to be bound to actual, physical commodities – gold and silver. I guess you could call it an either-ore situation. Gold was always the preferred, but people who wanted looser money (i.e., inflation) fought to get silver in there, too. In fact, silver was actually part of the money supply, making up a portion of many coins up until the 1960s when one Jenga© block was pulled and set on top.

Nixon pulled another when he ended the ability of foreign nations to bring piles of dollars and walk away with piles of gold. He made the tower even shakier as he threw gold out, entirely as a standard. The good news was that Americans could once again own gold. The bad news was that dollars were no longer money – they were cash – not backed by anything.

And could be printed at will. Another Jenga™ piece on top. The tower becomes a bit wobblier. And wobblier still as Nixon and Ford and Carter start printing. I mainly blame Nixon, since he got the ball going, and it took the hand of Reagan reaching out to steady the tower, though that created the very deep 1982 recession.

Reagan, though, added his bit as well. Sure, it made sense to try to spend the Russians into the ground – after the 1982 recession the economy came roaring back as The Wealth Pump started in earnest and the stock market soared. But during this time, the market cheered as jobs left the United States. In many cases, the jobs were subsidized by the country taking them. They wanted to build up the industrial expertise so that they could make world-class products and were willing to pay for their economy and workers to learn how to do it.

Remember George H. W. Bush’s advisors saying they didn’t care if the economy made computer chips or potato chips?

Because it does matter. Potato chips or computer chips don’t matter if you’re a banker making a loan, but if you’re trying to create the greatest value with the economy? It sure as hell does matter.

One step closer to living in the Prime® Pod™.

On the government side, fiscal responsibility seemed to come back for a bit with Bill Clinton. Now, don’t thank Bill – it was entirely based on Newt Gingrich stopping all the nonsense for a few years that primed the pump of the economy. While Hillary is an ideologue, Bill was always in it for the hot chicks. Sure, there were shenanigans, but the Jenga™ players were mostly playing it safe during that time period.

But when the recession hit in 2000? George W. Bush really wanted to open the floodgates, so he started stacking as high and as fast as he could. War helped him move a few Jenga™ pieces, and low interest rates in his “everyone who breathes should own a McMansion” policy fueled an amazing set of bubbles that ended up including housing, natural gas, crude oil, and what was left of my hair.

The path out of the Great Recession was a simple one. Print more money. People aren’t buying United States Bonds? Heck, the Fed® can buy them now. We can also pay Wall Street to launder all the bad debt and make sure that irresponsible bank vaults get filled to the top with cash.

Is it just me, or does Janet Yellin look exactly like Benny Hill?

Because, why not?

Obama took some Jenga™ pieces from the very bottom and put them up top because he wanted to get health care into the system.

Trump didn’t add too many blocks to the top of the board, at first. Trump was mainly because he was focused on deals – immigration, trade, covfefe. But he couldn’t make a deal with COVID. His instincts were bad and his solution was just to stack more blocks up top by printing money and cramming it down people’s throats as fast as he could.

Biden doubled down on that strategy: importing illegals by the truckload to paper over the economy that no longer serves its citizens, spending billions to “reduce inflation” and now nobody wants to buy the bonds. Thankfully, the banks are scrambling to create weird new structures so they can pretend that the loan that they made at 4% isn’t costing them when they’re giving 5.5% on CDs.

Anyone else feel comforted that the banks have a really complicated strategy to avoid reality?

The tower is now, really, really tall. And really, really shaky.

And these things never end slowly – they end either with mass social unrest, a big war, or both when the tower finally collapses. And others have just given up.

When 4Chan is smarter than the Fed®.

For clarity’s sake, Hasbro™ (the owner of the Jenga® trademark) had nothing to do with this post. I’m sure they’d rather people look at Jenga® and think about the 9-11 than have them look at Jenga® and think about our economy.