Ye Olde Wilder’s Almanack of Things That Won’t In Thine Yeare of Our Lord 2024 Happen

“Since when can weathermen predict the weather, let alone the future?” – Back to the Future

I think Lady Macbeth wanted to walk her dog the other night.  She kept yelling, “Out, damned Spot!”

Notes:  No podcast tomorrow.  Or the next week.  I’m not going to push The Mrs. this week, and next week she has to go get measured for one of those plastic bubbles so she can live in one (just kidding, follow up visit and we probably won’t be home from Modern Mount Pilot by then, she’s getting better every day). 

Second:  if you’ve emailed me and I didn’t respond, please email me again.  I enjoy and respond to every email sent to me (if I’m cc’d or bcc’d, no, but I read most of those).  I found several in a spam filter today, and I apologize for not checking that since roughly 2007.  I’ll check every week now.

Now, on to the show!

Last year I swapped out my idea of predicting the future.  It appears to be harder.  Now, I predict what won’t happen.  It’s more fun, and I can pretty much bat 1.000 by doing that while making a few humorous points along the way.  So, with that, here are my Wilder Predictions for What Won’t Happen in 2024™.

First:  Ukraine won’t “win”.  So far, the war in the Ukraine has been a disaster for everyone involved.  Had Donald Trump been in office, this never would have happened.  Donald is all about the deal, and had he been president at the time, Putin and Zelensky would probably have come together over a deal that would have been mutually beneficial, and trade would have probably been increased between the two, and there would have been hugs all around.

Really.  That’s what would have happened.  Biden could have shut this down with one phone call.  Of course, the Left would have gone nuts, since a large part of their strategy is to pump the wealth out of the Ukraine directly into either their pockets or their campaigns.  Ukraine is a country that makes the money laundering on Better Call Saul look like amateur hour, so I guess peace was never an option.

Still more credible than the official story.

Second, Israel and Palestine won’t be joining each other for dinner.  Ever.  Note:  I don’t have a dog in this hunt.  The following is an analysis, not a wish list.  No matter what I feel, the writing is on the wall.

This is an existential crisis for both sides, and both are already in a diaspora so they can continue this fight wherever Jews and Palestinians (or Leftists) are in the same city.  In the long term, nobody wants the Palestinians, even (and especially) the neighboring Arab states, so Israel wants to export them to Europe and the United States.  I’m betting they all end up in Canada, or what future historians will call, “Gaza with Grizzlies.”

The Romans couldn’t invent algebra because X was always 10.

Long term for Israel, well, Israel is doomed, too.  They’re surrounded by Islamist populations that will soon outnumber them 50 to 1.  I anticipate another diaspora there, too.  Maybe to Ukraine?  Not sure anyone will be living there, but there will be plenty to mine.  Or de-mine.

I think eventually the merged Facebook®/Al-Jazeera© will probably end up running Jerusalem.

Third, and I’m going out on a limb with this one:  The US Debt won’t come down.  Even though Congress and both presidential candidates will jaw about it incessantly, they won’t do anything, and I do mean anything to even slightly slow it down.  Nope.  It’ll increase faster than Taylor Swift can ruin a football franchise.  Side note:  I took my car to the mechanic because it was making a horrible noise.  Turns out it was Taylor Swift on the radio.

Fourth, the 2024 Election won’t be free and fair.  I know, I know, I’m playing with fire on this one.  It’s clear that the Left mobilized every single trick they read on that Buzzfeed® article, Ten Crazy Things You Can Do to Steal An Election And They Won’t Stop You (You Won’t Believe Number Seven!).  They even bragged about it in a Time® magazine article about how they conspired to do everything they could possibly think of to Make America Democratic Again, since it was clear that Joe Biden created as much enthusiasm with the American people as passing a kidney stone.

They stole the election.

I wish our elections were less corrupt, like China or Russia.

The biggest factor was in creating slop in the system.  Early voting, that ensured that dead people would vote.  Yeah, dead people.  Some percentage of people who voted died after their ballots were cast, and not all of them were Friends of Hillary.  So, dead people voted, and their ballots were just as good as yours.

Ballots were harvested, this is clear, we’ve seen people dropping off dozens and hundreds of ballots.  Exactly as designed.  Mail in voting?  Why not?  And early voting resulted in numerous cases (especially in Michigan) where the early vote was counted, even though the actual voter showed up at the poll and claimed they never requested an early ballot.  They were given a provisional ballot.  In a leaked recording of a Michigan training session, the provisional ballots were given out so people wouldn’t throw a fit.  The provisional ballots of people who showed up in person whose votes were stolen were . . . discarded.

Making an election free and fair is easy:

  1. Paper ballots only. California just outlawed paper ballots, so you know this is a good idea.  The idea isn’t that we make the system so that votes are easy to count – the idea is that we make the system so only valid votes get counted.  If you need more people and it’s important, hire them.
  2. Same day voting, in person, only. Exception for the military – they vote where they are.  If overseas, they vote on election day and the votes are counted right there and results transmitted to the precincts by 11:30pm precinct time.  That day.  All votes are counted by midnight.  If not counted by midnight, they are discarded.  If Detroit can’t figure out how to do that?  Pound sand.
  3. All votes, all voting boxes are counted and are on video every second and broadcast.
  4. All vote counting takes place on video in full view.
  5. Every voter sticks their hand in that blue stuff they cover bank robbers in. It’ll wash off.  If you have a Smurf® hand?  You can’t vote again.  Oh, and you need I.D., even though the Left thinks that blacks aren’t smart enough to get one.

As I said, this won’t happen.  Leftists want every vote counted so that they can just manufacture votes as needed.  People on the Right want only valid votes counted.

Thanks to Biden, soon every American will be a billionaire!  Of course, that’s what it costs for a Snickers®…

Fifth, suppression of viewpoints on the Right won’t stop.  One of the key elements of control is the control of the ability to share ideas.  That’s why the Left was the “Free Speech” party right until they felt they could spike the ball and start sending us to the GULAG.  Blog views are down over most of the Right blogs, and that’s due in part to suppression of search engine traffic, which is a primary way that new readers find us – they stumble upon us while searching for a topic.  If I were Vox Day I’d suggest we create a news and commentary search engine for the Right.

If only someone like Ricky would make one…

A bikini covers only 5 to 10 percent of a woman’s body, yet men are so polite they only look at the covered parts.

Sixth, Elon will not hit peak amusement in 2024.  Good heavens, that man cracks me up.  It’s really fun to watch him change positions over time, but not unusual.  Why?  They have to suppress our ideas because the Truth is inherently Right.

Seventh, no alien contact will happen this year, but it will be trotted out again and again – my bet is that in March and July or August or whenever Biden needs a distraction it’ll show back up in the news.  It’s the ultimate shiny object to distract with.  I mean, besides COVID.

Eighth:  The RINO congress won’t suddenly become effective.  This is a repeat for the last 27 years.  Gingrich did a good job.

Ninth:  Illegal immigration won’t be stopped, but may be (slightly) slowed.  The Wealth Pump from the Elite demands it, and the ideology from the Left demands it.

If you filmed a superhero movie in Detroit, you’d have to use CGI to repair buildings.

Tenth:  2024 is not the year we lose.  The spark that is at our core has existed since (at least, and probably before) the dawn of civilization, and started to burn brighter some 2024 years ago.  That won’t change.  Provided we don’t go full Revelation, we’ll exist until we go full Revelation.

This isn’t over.  We’re not done.  Take that to the bank.

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.

What was Bob the Builder© called during a recession?  Bob.

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?

Pepperidge Farms© remembers™.

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.

Peter Turchin’s End Times: There Be Dragons Here

“The end time has come, not in flame, but in mist!” – The Mist

I once had shoes that had Velcro® closures.  I mean, why knot?

(Complete review in one post)

I recently completed the book End Times by Peter Turchin.  I have recently done a review of How Civil Wars Start by Barbara F. Walter (not that Barbara Walter, some other commie bimbo), and by comparison Ms. Walter’s book is a badly drawn crayon sketch of Donald Trump by a mildly developmentally disabled child who was born of the copulation of two stoned Leftists and raised on a diet of Trotsky and lead paint chips.

Her book was bad.  Turchin, who I imagine is also Left-leaning, was (mainly) able to keep his political opinions out of the book, and produce something useful and as even-handed as he could make it, what with having to go to fancy university parties with the Leftist intelligentsia who are globalist and communist at the same time, because, reasons.

Going back in time, Turchin predicted in the early ‘teens (2010, I believe) that the decade beyond 2020 was going to be rough.  This was based on an actual computational model, where he took various social factors, smashed them into a computer, and cranked out a slip of paper that said, “Beyond Here, There Be Dragons.”  To be fair, his model seems to have some predictive capacity, though I have yet to find a place to tinker with it, but I’ll bet Ricky can track it down if anyone can.  A .pdf that has a flavor of the model is here (LINK).

The XXX Files are a completely different subject.

His description of the model starts with one of the things that leads to collapse:  Elite Overproduction.  In this context, you pretty much know who the elite are.  Donald Trump is one, and so are the Clintons, and the Obamas, and thousands of other wealthy, socially connected people who have political power.  Per Turchin, only 9 presidents of the United States weren’t 1%ers, and before 1850, all of the presidents were elite and wealthy types and probably had exceptional hats, since they didn’t have other cool things to buy back then.

Turchin breaks down political power into four types:

  • Coercion – Do it or else. Leftists love this.  Think AntiFa® or .
  • Wealth – Let’s face it, rich dudes rarely do jail time, and where exactly is Epstein’s client list and why can’t you see it?
  • Bureaucracy – You own the organization that provide services or do stuff – think the IRS or the DMV.
  • Ideology – This includes CNN® and Harvard™.

Where do psychics shop?  The Seers® catalog.

In Turchin’s view, there are specialists at each level of political power.  The big problem for people is when these folks are present in too large of a quantity and get bored and have to do something else.  In 2016, we had a billionaire (Trump) running against someone worth in excess of $120 million (Hilldabeast).  In no way was this usual, but later, billionaire Michael Bloomberg jumped into the race.  Why?  Bored, I guess.  Most billionaires let other people do their fighting for them – like George Soros or Emperor Palpatine.  But I repeat myself.

The key problem is that there are more elite people who want power than there are available chairs.  That’s always the case to a certain extent, but with tens of thousands of Harvard© and Stanford™ and Dartmouth® grads fighting for elite positions in every facet of the coercion, wealth, bureaucratic, or ideological elite, well, this starts to drive instability, per Turchin.  Per me, there seem to be a lot of people who have no connection whatsoever with anyone but themselves and their elite cocoon of friends with the same ideas and no-fat decaf pumpkin-spice lattes.

Turchin later goes on to talk about how the British killing off tons of French nobility during battles around 1400 to 1450 actually helped France to have a much more stable political period because there everybody had stuff to do other than try to overthrow the king or kill their brother or eat snails and smoke cigarettes while wearing berets and carrying baguettes of bread everywhere.

I once saw a baguette in a cage.  I guess it was bread in captivity.

Yes, in the coming years at least half of the elite will either die or cease to be elite and have to drive Yugos® or Ford Escorts™ while working at JCPenney’s©.

There just aren’t enough chairs in the inner circle to go around.

So, we’ve got too many elites, which is one of Turchin’s factors that lead to societal breakdown.  What else leads to problems?  Turchin calls the next one, “Popular Immiseration” – bluntly, when life sucks for the common person.  Another term for this is Bidenomics.  Economic power of workers is disappearing, wages are going backwards when it comes to purchasing power, and jobs are more uncertain and awful.

To be fair to Biden, this was the trend even before he was selected, and was really the feeling that ushered in Trump.  Trump was and is a reaction to the crapfest that the economy has turned into, and is more or less predictable.  In 1956 Trump would have been a joke candidate, in 2000 Trump was a joke candidate, but by 2016 Trump was taken seriously because, to a large proportion of Americans, life is slowly becoming more miserable, daily.  The needed someone, anyone, to listen to them and stop the nonsense that the Left (and, to be fair, the Chamber of Commerce Right) is shoving down their throats.  Mittens Romney was just the same as the Left in his goals, he just used a different phrase to get there.

The last thing the American people wanted was ¡Jeb!  To give an example from another period in American history that was in crisis, Abraham Lincoln was another joke candidate that fell into a period where he could be elected.

I guess Mary Todd Lincoln said to Abe that day, “Would it kill you to take me to a play once in a while?”

Turchin discusses Lincoln’s election not in terms of slavery, but in terms of economic misery combined with lots of rich dudes.  Turchin adds in that the failing financial health of a country adds to this, lowering the legitimacy of the state.

These factors, Turchin notes, in every case that they’ve covered, always reach a breaking point within 200 years or so.  This is in line with Strauss and Howe The Fourth Turning and the theories of the unfortunately named Sir John Glubb.

End of Empires, PEZ, and Decadence

It’s here that the Turchin takes a bit of time to discuss the nature of the American Empire, circa 2023.  American power, he notes, isn’t based on religion.  It likewise isn’t based on a militaristic history – although we’ve elected generals as president, the power of the American Empire is and always has been commerce.  We sent trade ships in the 1800s across the world.  Genghis Khan didn’t create his empire with trade, he created it with the sword and the horse and by having sex with half of the women in Asia.  While the English used liberal amounts of gunpowder creating their empire, “I say, old chap, what are those Boer people doing sitting on our gold and diamonds?”, they were a commerce-based empire as well.

Me?  I was upset when I got a pack of sticky playing cards for Christmas – I found them difficult to deal with.

I’d agree with Turchin – American power has been economic and, like the British before us, created an economic empire.  The wealth from that economic empire thus created the ability for us to have really cool tanks and planes and aircraft carriers and nuclear weapons.  No bucks?  No Buck Rodgers.

Since it has been economics that created the empire, it’s economics that fuels it today:  America is built on economics, and the biggest controllers of that are . . . rich people.  As much as I’m in favor of capitalism (which is a lot) I can see that a system where the rich people get to make the rules is gonna suck for everyone else.

Turchin calls this the “Wealth Pump” – it’s the idea that the rules are set up not for the common citizen, but for the really rich dudes.  Whare are some of the components of this Wealth Pump?

  • Keeping a surplus of workers so that wages are lower. Unrestricted illegal (and legal) immigration?  It’s perfect to keep wages down.
  • What happens when we are need other workers than the illegals?  Let’s cut all trade barriers so that a programmer in the United States has to compete with a programmer in Bangladesh.  There won’t be any consequences from that, right?
  • Larger companies that have greater pull – Steve Jobs said, before he died, obviously, that he couldn’t make Apple® again – there were too many barriers in place. Many don’t realize that large number of “consumer” or “environmental” regulations are actually welcomed by large businesses – they’re a barrier to entry and competition.

This is what the Wealth Pump looks like.

That the impact of the Wealth Pump is misery is a given.  While (once upon a time) I was a libertarian, I’ve since moved on from that, as they’ve moved farther in support of this wealth pump.  Freedom doesn’t come with mere economic freedom, and it doesn’t come from only from freedom from government coercion.  Does it, in the end, matter if it is a group of elites in government or a group of elites at Google™ is the one censoring you to preserve the wealth pump?

Why is it so hard to start a relationship with a Social Justice Warrior?  They have such high double standards.

As noted above, per Turchin, the pool of people attempting to be elite has increased – ludicrously.  As I’ve mentioned before, it used to be that only 15% of people tried to go to college.  That’s probably the right number.  Now?  According to Turchin’s figures, over 65% of kids are trying to grasp that gold ring.

Again, the normal distribution matters, and that means at least 15% of people going to college have an IQ of less than 100.  This explains all of those Grievance Studies degrees, and Leftists pretending that education is a substitute for intellect while working behind the makeup counter at the department store.

Every time you smoke a cigarette, it takes seven minutes off your student loans.

Now, the number of doctorate degrees have tripled since 1970 (again, a Turchin number) and there’s no real sign that this is stopping, even though it’s clear that this is producing only frustrated people who have useless degrees.  Even useful degrees in STEM fields are, at this point, being overproduced in the United States compared to the number of available jobs.  Yet, the companies keep wanting the bring in foreigners on H1-B visas to take jobs that could be filled by actual Americans.

But the Americans would want a higher wage, and there would be less competition.  This would lower Google’s® profits.  This is, again, Turchin’s Wealth Pump in action.  Google© wants H1-B workers because they’re virtual slaves that they can bring in that would be happy to live four to a pod because it’s better than the monsoon-drenched mud hut in India that is consistently destroyed by volcanoes or communists or bird flu or whatever they have in India.

During COVID, gatherings of more than 260 million were banned in India.

As I talked about a post back, ideology was one of the pillars of a stable society.

Stability: On A Scale Of Zero To Drunken Uncle, How Bad Is The United States?

Turchin pegs the 1950’s as the time of greatest ideological stability in the United States.  People felt that (again, following Turchin’s list, which is similar to previous content here, so I don’t disagree much, though I add commentary to his list from p. 100):

  • Family was a man and a woman and kids. As I’ve discussed before, this is the atom of civilization, and has been since forever – other arrangements (polyandry, polygamy) tend to be unstable in large societies.  Men want a mate.  However, in 2023, the push is on to have “anything goes” as the basis for society.  Out of wedlock babies?  A scandal.
  • Men were men, women were women and men had men jobs and women had women jobs.   Now we can’t even define what a woman is.
  • Natural bodies are better. Tats were for sailors and .mil folks, and weird piercings were borderline trashy and foreign.
  • Belonging to a religion was normal, divorce and being an atheist meant you weren’t going to be elected unless . . . no, no unless. Atheists were simply not trusted in positions of public power.

But look what progress has brought us!  (Meme as found)

Turchin then talks about some of the things that kept the Wealth Pump in check – labor unions, minimum wages, progressive taxation, welfare, low immigration.  I’d disagree on the impact and general consensus on, say, welfare, but in general.  Many of those, however, coupled with a healthy export-focused economy with targeted tariffs created a situation where the middle class flourished and grew at the expense of the Elite.  The Left and the Right were more or less together on the goal.  It was Ike who warned us about the Wealth Pump, though Eisenhower described it this way:

“In the councils of government, we must guard against the acquisition of unwarranted influence, whether sought or unsought, by the military industrial complex. The potential for the disastrous rise of misplaced power exists and will persist.”  He was a Republican wanting to make sure that the military remained sane, and that the most invulnerable weapon system wasn’t one where parts were made in every congressional district.

Now?  Turchin notes, “The ideological center today resembles a country road in Texas, almost deserted save for the yellow stripe and dead armadillos.”

I wonder if they deserved to get hit by a car, if they’re karmadillos?

From the book:  “In order for stability to return, elite overproduction somehow needs to be taken care of – historically and typically by eliminating the surplus elites through massacre, imprisonment, emigration, or forced or voluntary downward social mobility.”  Whoa!  That’s radical, and I’m glad that Turchin is saying the quiet part out loud:  something wicked this way comes.  We all feel the tension, that’s why he sold thousands of copies of his book.

We know it’s coming.  And why.

It’s the Wealth Pump.  It’s not new, and it’s been the goal for a long, long time.  Turchin quotes a 1901 edition of The Bankers’ Magazine:

“When business men (sic) were single units, each working out his own success regardless of others in desperate competition, the men who controlled the political organization were supreme . . . .  But as the business of the country has learned the secret of combination, it is gradually subverting the power of the politician and rendering him subservient to its purposes . . . .  Every form of business is capable of similar consolidation, and if other industries imitate the example of that concerned with iron and steel, it is easy to see that eventually the government of a country where the productive forces are all mustered and drilled under the control of a few leaders, must become the mere tool of these forces.”

This is the goal, not a meme.

Again, wow.  I’ve said before I have a strong distrust of big government, and the groups that really benefit from regulations are big businesses since those regulations form a barrier to entry to smaller groups.  Who runs Bartertown?  Big businesses do – who do you think hires the regulators after they “retire” from the government?  If history is a guide, businesses are attempting to run government for their benefit – hence, the Wealth Pump.

Don’t believe me?  You’re soaking in it.  A longer quote from Turchin, (p. 129):

“The political scientist Martin Gilens . . . gathered a large data set – nearly 2000 policy issues between 1981 and 2002.  Each case matched a proposed policy change to a nation opinion survey asking a favor/oppose question about the initiative . . . .

“Statistical analysis . . . showed that the preferences of the poor had no effect on policy changes . . . . What is surprising is that there was no – zilch, nada – effect of the average voter.  The main effect on the direction of change was due to the policy preferences of the affluent.  There was also an additional effect of interest groups, the most influential ones being business-oriented lobbies.  Once you include in the statistical model the preferences of the top 10 percent and the interest groups, the effect of the commoners is statistically indistinguishable from zero.”

Yup.  They’re not listening.  They don’t care that the majority has always wanted to deport and deport promptly the unending stream of illegals invading our country.  That’s not good for business, so the Left has (oddly?) picked this up as a Social Justice Warrior© mantra:  “no human is illegal” meaning that they’re working to make actual workers, especially black workers, poorer.

SJW™?  It’s just another term for the intellectual elite in the pocket of big business.  Who would have thought that the SJW© would be on the same side as the military-industrial complex?

Stonetoss©, that’s who.  (All Stonetoss™ comics are used with permission.)

Why do Social Justice Warriors hate dentists?  They make teeth straight and white.

A guy on a tractor just drove by yelling about the end of everything.  I think it was Farmer Geddon.

I think that Turchin has proven that, at least in some circumstances, he can show when trouble is coming.   Again, I’d like to see his database and understand in greater detail how it works, but if you look at:

  • Every elite scrambling for position,
  • Every mechanism possible being found to extract another dollar from a consooooomer so that the Wealth Pump can be fed, and
  • the current graph of the interest payments that the United States will have to pay sooner rather than later, it’s clear:

There Be Dragons Here.

How the crisis unfolds, however, is dependent upon the structure of society itself, according to Turchin.  “ . . . we cannot understand social breakdown without a deep analysis of the power structures within societies.”  Turchin even notes this about Barbara Walter:  “This is where the analysis by Barbara Walter in How Civil Wars Start often becomes woefully inadequate, and sometimes outright naïve.”  He skipped the part where she eats lead paint chips with her avocado toast, but, hey.

Give Turchin his props:  he’s calling out mass immigration and stupid academics.  I think he might be especially fun to hang with after a few beers.

This is what A.I. thinks Turchin and I having a beer would look like.  Guess I’ll have to dig my mortarboard out.

But back to power structures.  Big Government is scary enough, but when Apple® or Google™ is holding the leash, it becomes even scarier.  I like capitalism, but what we have here is called by Turchin “Plutocracy” but I like the more common (in our circles) name of Kleptocracy.  That’s what it is, really.

Societal power is now, really, in lockstep with the Kleptocracy.  It has created this weird amalgamation of Leftist/Communist/Corporatist power.  At this point, Turchin attempts to analyze the power structures of the United States to guess at what the future might bring, noting that his work is, “nowhere near advanced enough to achieve such a feat of modeling.”

Honesty.

I love it.

I’m going to take an aside here based on comments I’ve had so far in this series of posts.  It isn’t communist or socialist to question the rules put in place by the Kleptocrats to pump more money to them.  We haven’t had true laissez-faire capitalist system in this country since the 1880s, at least.  Huge corporations are not laissez-faire – they’re government creations, and to be against them isn’t to be against capitalism.

I do think that we have the idea because a system has worked in the past that it just needs tweaks.  That is simply not the case – our system has brought us to where we are today.  Simple actions like having end-by dates on corporations, turning senators back to state-appointed positions, abolishing all Federal income tax and getting the primary funds for the central government from tariffs . . . radical ideas.  But we have to stop the wealth pump, and true libertarians should be all over this because domination over liberty from a corporation is no different than domination over liberty by a government.

End of digression.  Back to the book.

Why did the libertarian cross the road?  “Am I being detained?”

The most common outcome, Turchin notes, is that lots of elites (and wannabes) simply realize they can’t be elite anymore.  Obviously, this will be uncomfortable for many, many professors who now have to work 40 hours at Starbucks™ instead of handing out worthless anthropology and ancient Japanese literature degrees.

This doesn’t happen gradually.  It happens when the University closes.  As we’ve discussed before (link below on Seneca’s Cliff), things are built only slowly, but collapse in an instant.  The extreme case, which is now very, very much on the table is that the elite positions (and some of the wannabes) are eliminated as a result of Civil War 2.0.

The Economy – At Seneca’s Cliff?

 

Who will lead that war?  Probably someone on the fringe of the current Elite who is angry.  Why from the Elite?  They have connections and power that allow them to put together a credible alternative power structure fairly quickly.  Examples from our history?

George Washington was as rich and famous as Elon back in the day, and it wasn’t a bunch of poor dudes that ran either the Union or the Confederacy.

Of course, an alternative is to shut down the Wealth Pump.  I mean, it will be shut down one way or another, but if it’s done before things are in a ditch, it might be better, though I’m fairly certain the first wheel went into that ditch back before 1990.  Turchin notes that he thinks if we shut the Wealth Pump down now, well, that turns Elites into radicals in big numbers and will result in an even bloodier war.

Astrophysicists started a radical protest group:  Black Matter Lives.

From his study, the growth of violence and instability isn’t linear – it builds on itself like an epidemic – Turchin calls this the “virus of radicalism”.  Turchin notes that:  “As long as the power of revolutionary groups is less than the power of the state’s coercive apparatus, the overall level of violence can be suppressed to a low level.”

They want to stop the signal.  But there’s one lesson that even the Soviets learned:  you can’t stop the signal.

Why do the Elite so desperately want your guns?  It gives the average American citizen a real veto over intolerable actions by the government.  This is why the Left and Levis™ jeans want to take your modern sporting rifle:  it makes you a more compliant consoooomer.  And if they get the 2nd Amendment, the 1st won’t be far behind, because ideas like these are dangerous.

This explains all the effort in censoring places like this one.  The ideas here are dangerous, and oh, so sexy.

Turchin’s “everything as-is” scenario shows “an outbreak of serious violence during the 2020s and, if nothing is done to shut down the (Wealth P)ump, a repeat every fifty to sixty years.”  Civil wars are what turn radicals into moderates – von Clausewitz wrote about this centuries ago.  Wars are won when the will of the people to fight is erased.  Places like this one keep spirits high, and attack those whose goal is the destruction of our freedom and way of life.

I honestly hope Joe Biden gets better.  And recovers from his dementia, too.

Who else have they attacked?

Turchin, writing before Tucker Carlson was fired, said, “Carlson is interesting because he is the most outspoken antiestablishment critic operating within the corporate media.  Whereas media such as CNN, MSNBC, The New York Times, and The Washington Post are losing credibility, among the general population . . . Carlson is growing ever more popular.”

Now that, my friends, explains it all, and Turchin’s comments show the real reason Carlson was silenced, and Turchin notes (as I have opined in some places) that Tucker is the real nucleus of the Right.

Trump’s real sins had nothing to do with January 6, it had to do with him not starting wars and actually trying to stop immigration, which the Wealth Pump requires.

What does Turchin say that history tells us (p. 223-4)?

  • In 2/3 of cases, most of the Elite stopped being elite.
  • In 1/6 of cases, the Elite was “targeted for extermination.”
  • “The probability of ruler assassination was 40%.”
  • 75% of cases “ended in revolutions or civil wars or both.”
  • In 1/5 of cases, “the civil war dragged on for a century or longer.”
  • 60% of cases led to “the death of the state.”

Grim.  Really, really grim.

We are at the brink of a civil war.  I’ve been saying that for years now.  One branch of my family moved to the United States from Germany in 1890 because they saw a massive European war coming.  They left 25 years too soon.

Seeing what’s coming isn’t hard.  I can tell you the future in some instances.  If I walk out in front of a speeding bus, I’m going to die.  It’s not clairvoyance, it’s happening to us, right here and now.  Just as my family saw the European war that would be known as World War I coming, I am certain that we are on the steps to Civil War 2.0.

It took a lot to get this picture out of the A.I. – I can get the A.I. to draw everyone from Seinfeld, but it draws the line at Morgan Freeman.

I also cannot stress enough that Civil War 2.0 isn’t my wish, this is the data and there is, at this point, nothing anyone can do to stop it.  I believe the road ahead will be more terrible in some locations than many can even imagine.

Here be dragons.

I do still believe that on the other side, the torch of Liberty will still be burning brightly in a new world where what is True, Beautiful, and Good will be recognized as such.  Why?  Because in the end, Liberty wins, despite all of those who would try to steal it away – it burns in the hearts of all who I would call men and is loved deeply by all of those who I would call women.

Which does not include Barbara F. Walter and her fat, lead paint chip eating face.

It’s a rare book where I put it down, look at the conclusions, and say, “Damn, I wish I had written that book.”

Turchin brings it home.

If you like reading non-fiction and are a regular at Wilder Wealthy and Wise, I recommend you read this one, even though Turchin sucks at adding memes to his work.

The Only Thing You Need To Read Today: Wilder’s End Times Book Review: The Face Of The Crisis And The Aftermath

“If that’s the end of time, I got a front row seat with a big tub of buttered popcorn and a greasy half-live chicken leg.” – Anchorman 2:  The Legend Continues

A guy on a tractor just drove by yelling about the end of everything.  I think it was Farmer Geddon.

I think that Turchin has proven that, at least in some circumstances, he can show when trouble is coming.   Again, I’d like to see his database and understand in greater detail how it works, but if you look at

  • Every elite scrambling for position,
  • Every mechanism possible being found to extract another dollar from a consooooomer so that the Wealth Pump can be fed, and
  • the current graph of the interest payments that the United States will have to pay sooner rather than later, it’s clear:

There Be Dragons Here.

How the crisis unfolds, however, is dependent upon the structure of society itself, according to Turchin.  “ . . . we cannot understand social breakdown without a deep analysis of the power structures within societies.”  Turchin even notes this about Barbara Walter:  “This is where the analysis by Barbara Walter in How Civil Wars Start often becomes woefully inadequate, and sometimes outright naïve.”  He skipped the part where she eats lead paint chips with her avocado toast, but, hey.

Give Turchin his props:  he’s calling out mass immigration and stupid academics.  I think he might be especially fun to hang with after a few beers.

This is what A.I. thinks Turchin and I having a beer would look like.  Guess I’ll have to dig my mortarboard out.

But back to power structures.  Big Government is scary enough, but when Apple® or Google™ is holding the leash, it becomes even scarier.  I like capitalism, but what we have here is called by Turchin “Plutocracy” but I like the more common (in our circles) name of Kleptocracy.  That’s what it is, really.

Societal power is now, really, in lockstep with the Kleptocracy.  It has created this weird amalgamation of Leftist/Communist/Corporatist power.  At this point, Turchin attempts to analyze the power structures of the United States to guess at what the future might bring, noting that his work is, “nowhere near advanced enough to achieve such a feat of modeling.”

Honesty.

I love it.

I’m going to take an aside here based on comments I’ve had so far in this series of posts.  It isn’t communist or socialist to question the rules put in place by the Kleptocrats to pump more money to them.  We haven’t had true laissez-faire capitalist system in this country since the 1880s, at least.  Huge corporations are not laissez-faire – they’re government creations, and to be against them isn’t to be against capitalism.

I do think that we have the idea because a system has worked in the past that it just needs tweaks.  That is simply not the case – our system has brought us to where we are today.  Simple actions like having end-by dates on corporations, turning senators back to state-appointed positions, abolishing all Federal income tax and getting the primary funds for the central government from tariffs . . . radical ideas.  But we have to stop the wealth pump, and true libertarians should be all over this because domination over liberty from a corporation is no different than domination over liberty by a government.

End of digression.  Back to the book.

Why did the libertarian cross the road?  “Am I being detained?”

The most common outcome, Turchin notes, is that lots of elites (and wannabes) simply realize they can’t be elite anymore.  Obviously, this will be uncomfortable for many, many professors who now have to work 40 hours at Starbucks™ instead of handing out worthless anthropology and ancient Japanese literature degrees.

This doesn’t happen gradually.  It happens when the University closes.  As we’ve discussed before (link below on Seneca’s Cliff), things are built only slowly, but collapse in an instant.  The extreme case, which is now very, very much on the table is that the elite positions (and some of the wannabes) are eliminated as a result of Civil War 2.0.

The Economy – At Seneca’s Cliff?

Who will lead that war?  Probably someone on the fringe of the current Elite who is angry.  Why from the Elite?  They have connections and power that allow them to put together a credible alternative power structure fairly quickly.  Examples from our history?

George Washington was as rich and famous as Elon back in the day, and it wasn’t a bunch of poor dudes that ran either the Union or the Confederacy.

Of course, an alternative is to shut down the Wealth Pump.  I mean, it will be shut down one way or another, but if it’s done before things are in a ditch, it might be better, though I’m fairly certain the first wheel went into that ditch back before 1990.  Turchin notes that he thinks if we shut the Wealth Pump down now, well, that turns Elites into radicals in big numbers and will result in an even bloodier war.

Astrophysicists started a radical protest group:  Black Matter Lives.

From his study, the growth of violence and instability isn’t linear – it builds on itself like an epidemic – Turchin calls this the “virus of radicalism”.  Turchin notes that:  “As long as the power of revolutionary groups is less than the power of the state’s coercive apparatus, the overall level of violence can be suppressed to a low level.”

They want to stop the signal.  But there’s one lesson that even the Soviets learned:  you can’t stop the signal.

Why do the Elite so desperately want your guns?  It gives the average American citizen a real veto over intolerable actions by the government.  This is why the Left and Levis™ jeans want to take your modern sporting rifle:  it makes you a more compliant consoooomer.  And if they get the 2nd Amendment, the 1st won’t be far behind, because ideas like these are dangerous.

This explains all the effort in censoring places like this one.  The ideas here are dangerous, and oh, so sexy.

Turchin’s “everything as-is” scenario shows “an outbreak of serious violence during the 2020s and, if nothing is done to shut down the (Wealth P)ump, a repeat every fifty to sixty years.”  Civil wars are what turn radicals into moderates – von Clausewitz wrote about this centuries ago.  Wars are won when the will of the people to fight is erased.  Places like this one keep spirits high, and attack those whose goal is the destruction of our freedom and way of life.

I honestly hope Joe Biden gets better.  And recovers from his dementia, too.

Who else have they attacked?

Turchin, writing before Tucker Carlson was fired, said, “Carlson is interesting because he is the most outspoken antiestablishment critic operating within the corporate media.  Whereas media such as CNN, MSNBC, The New York Times, and The Washington Post are losing credibility, among the general population . . . Carlson is growing ever more popular.”

Now that, my friends, explains it all, and Turchin’s comments show the real reason Carlson was silenced, and Turchin notes (as I have opined in some places) that Tucker is the real nucleus of the Right.

Trump’s real sins had nothing to do with January 6, it had to do with him not starting wars and actually trying to stop immigration, which the Wealth Pump requires.

What does Turchin say that history tells us (p. 223-4)?

  • In 2/3 of cases, most of the Elite stopped being elite.
  • In 1/6 of cases, the Elite was “targeted for extermination.”
  • “The probability of ruler assassination was 40%.”
  • 75% of cases “ended in revolutions or civil wars or both.”
  • In 1/5 of cases, “the civil war dragged on for a century or longer.”
  • 60% of cases led to “the death of the state.”

Grim.  Really, really grim.

We are at the brink of a civil war.  I’ve been saying that for years now.  One branch of my family moved to the United States from Germany in 1890 because they saw a massive European war coming.  They left 25 years too soon.

Seeing what’s coming isn’t hard.  I can tell you the future in some instances.  If I walk out in front of a speeding bus, I’m going to die.  It’s not clairvoyance, it’s happening to us, right here and now.  Just as my family saw the European war that would known as World War I coming, I am certain that we are on the steps to Civil War 2.0.

It took a lot to get this picture out of the A.I. – I can get the A.I. to draw everyone from Seinfeld, but it draws the line at Morgan Freeman.

I also cannot stress enough that Civil War 2.0 isn’t my wish, this is the data and there is, at this point, nothing anyone can do to stop it.  I believe the road ahead will be more terrible in some locations than many can even imagine.  I do still believe that on the other side, the torch of Liberty will still be burning brightly in a new world where what is True, Beautiful, and Good will be recognized as such.  Why?  Because in the end, Liberty wins, despite all of those who would try to steal it away – it burns in the hearts of all who I would call men, and is loved deeply by all of those who I would call women.

Which does not include Barbara F. Walter and her fat, lead paint chip eating face.

It’s a rare book where I put it down, look at the conclusions, and say, “Damn, I wish I had written that book.”  Turchin brings it home.  If you like reading non-fiction and are a regular at Wilder Wealthy and Wise, I recommend you read this one, though Turchin sucks at adding memes to his work.

End Times Review, Part 2 – Defining the Dragon

“Right.  We are consumers. We are byproducts of a lifestyle obsession.  Murder, crime, poverty?  These things don’t concern me.  What concerns me are celebrity magazines, television with 500 channels, some guy’s name on my underwear.” – Fight Club

Why is it so hard to start a relationship with a Social Justice Warrior?  They have such high double standards.

A general note:  The Civil War 2.0 Weather Report would normally be on Monday.  Due to getting this post finished, it will likely be next Wednesday before the CWWR comes out.  It will still be wonderful and fresh as daises on a fresh daisy ranch.  I will also (likely Tuesday?) post a combined version of this book review stitched together, so we’ll have a very rare Tuesday post.  I’m doing that so that if someone wants to read it from start to finish, well, there it is. It will be slightly different for continuity and error correction. 

When last we left the impending disaster of the 21st Century, we were talking about Turchin’s theory that Elite overproduction was a primary driver in causing societies to disintegrate like records of voter irregularities in swing states in 2020.

The pool of people attempting to be elite has increased – ludicrously.  As I’ve mentioned before, it used to be that only 15% of people tried to go to college.  That’s probably the right number.  Now?  According to Turchin’s figures, over 65% of kids are trying to grasp that gold ring.

Again, the normal distribution matters, and that means at least 15% of people going to college have an IQ of less than 100.  This explains all of those Grievance Studies degrees, and Leftists pretending that education is a substitute for intellect while working behind the makeup counter at the department store.

Every time you smoke a cigarette, it takes seven minutes off your student loans.

Now, the number of doctorate degrees have tripled since 1970 (again, a Turchin number) and there’s no real sign that this is stopping, even though it’s clear that this is producing only frustrated people who have useless degrees.  Even useful degrees in STEM fields are, at this point, being overproduced in the United States compared to the number of available jobs.  Yet, the companies keep wanting the bring in foreigners on H1-B visas to take jobs that could be filled by actual Americans.

But the Americans would want a higher wage, and there would be less competition.  This would lower Google’s® profits.  This is, again, Turchin’s Wealth Pump in action.  Google© wants H1-B workers because they’re virtual slaves that they can bring in that would be happy to live four to a pod because it’s better than the monsoon-drenched mud hut in India that is consistently destroyed by volcanoes or communists or bird flu or whatever they have in India.

During COVID, gatherings of more than 260 million were banned in India.

As I talked about stability a few posts back, ideology was one of the pillars of a stable society.  Turchin pegs the 1950’s as the time of greatest ideological stability in the United States.  People felt that (again, following Turchin’s list, which is similar to previous content here, so I don’t disagree much, though I add commentary to his list from p. 100):

  • Family was a man and a woman and kids. As I’ve discussed before, this is the atom of civilization, and has been since forever – other arrangements (polyandry, polygamy) tend to be unstable in large societies.  Men want a mate.  However, in 2023, the push is on to have “anything goes” as the basis for society.  Out of wedlock babies?  A scandal.
  • Men were men, women were women and men had men jobs and women had women jobs.   Now we can’t even define what a woman is.
  • Natural bodies are better. Tats were for sailors and .mil folks, and weird piercings were borderline trashy and foreign.
  • Belonging to a religion was normal, divorce and being an atheist meant you weren’t going to be elected unless . . . no, no unless. Atheists were simply not trusted in positions of public power.

But look what progress has brought us!  (Meme as found)

Turchin then talks about some of the things that kept the Wealth Pump in check – labor unions, minimum wages, progressive taxation, welfare, low immigration.  I’d disagree on the impact and general consensus on, say, welfare, but in general.  Many of those, however, coupled with a healthy export-focused economy with targeted tariffs created a situation where the middle class flourished and grew at the expense of the Elite.  The Left and the Right were more or less together on the goal.  It was Ike who warned us about the Wealth Pump, though Eisenhower described it this way:

“In the councils of government, we must guard against the acquisition of unwarranted influence, whether sought or unsought, by the military industrial complex. The potential for the disastrous rise of misplaced power exists and will persist.”  He was a Republican wanting to make sure that the military remained sane, and that the most invulnerable weapon system wasn’t one where parts were made in every congressional district.

Now?  Turchin notes, “The ideological center today resembles a country road in Texas, almost deserted save for the yellow stripe and dead armadillos.”

I wonder if they deserved to get hit by a car, if they’re karmadillos?

From the book:  “In order for stability to return, elite overproduction somehow needs to be taken care of – historically and typically by eliminating the surplus elites through massacre, imprisonment, emigration, or forced or voluntary downward social mobility.”  Whoa!  That’s radical, and I’m glad that Turchin is saying the quiet part out loud:  something wicked this way comes.  We all feel the tension, that’s why he sold thousands of copies of his book.

We know it’s coming.  And why.

It’s the Wealth Pump.  It’s not new, and it’s been the goal for a long, long time.  Turchin quotes a 1901 edition of The Bankers’ Magazine:

“When business men were single units, each working out his own success regardless of others in desperate competition, the men who controlled the political organization were supreme . . . .  But as the business of the country has learned the secret of combination, it is gradually subverting the power of the politician and rendering him subservient to its purposes . . . .  Every form of business is capable of similar consolidation, and if other industries imitate the example of that concerned with iron and steel, it is easy to see that eventually the government of a country where the productive forces are all mustered and drilled under the control of a few leaders, must become the mere tool of these forces.”

This is the goal, not a meme, but this meme is as-found.

Again, wow.  I’ve said before I have a strong distrust of big government, and the groups that really benefit from regulations are big businesses since those regulations form a barrier to entry to smaller groups.  Who runs Bartertown?  Big businesses do – who do you think hires the regulators after they “retire” from the government?  If history is a guide, businesses are attempting to run government for their benefit – hence, the Wealth Pump.

Don’t believe me?  You’re soaking in it.  A longer quote from Turchin, (p. 129):

“The political scientist Martin Gilens . . . gathered a large data set – nearly 2000 policy issues between 1981 and 2002.  Each case matched a proposed policy change to a nation opinion survey asking a favor/oppose question about the initiative. . . .

“Statistical analysis . . . showed that the preferences of the poor had no effect on policy changes.. . . . What is surprising is that there was no – zilch, nada – effect of the average voter.  The main effect on the direction of change was due to the policy preferences of the affluent.  There was also an additional effect of interest groups, the most influential ones being business-oriented lobbies.  Once you include in the statistical model the preferences of the top 10 percent and the interest groups, the effect of the commoners is statistically indistinguishable from zero.”

Proof in a graph that voters don’t matter, since Brexit was about immigration.

Yup.  They’re not listening.  They don’t care that the majority has always wanted to deport, and deport promptly the unending stream of illegals invading our country.  That’s not good for business, so the Left has (oddly?) picked this up as a Social Justice Warrior© mantra:  “no human is illegal” meaning that they’re working to make actual workers, especially black workers, poorer.

SJW™?  It’s just another term for the intellectual elite in the pocket of big business.  Who would have thought that the SJW© would be on the same side as the military-industrial complex?

Stonetoss©, that’s who.  (All Stonetoss™ comics are used with permission.)

Why do Social Justice Warriors hate dentists?  They make teeth straight and white.

Part three of this review hits on Monday.  And it’s a doozy – you won’t want to miss it.

Snapshots Of The Economic Collapse

“I’m the source of all your misery?  Who closed the store to play hockey?  Who closed the store to go to a wake?” – Clerks

I found a store that only sells donuts, bagels, and macaroni.  It’s called Hole Foods.

Misery is a state of being includes suffering, but suffering is short.  Misery is like suffering crossed with my ex-wife talking about my faults:  it goes on and on and never seems to stop.

Misery is OJ.

OJ is up.  And you don’t need to be worried about your throat being sliced open followed by a weird car chase, because in this case it’s not Orenthal James, it’s Orange Juice.  Since 2020, OJ has gone up in price by 315%, while Orenthal James probably hasn’t killed anyone in that time period.  Here’s the graph:

What’s the difference between O.J. Simpson and the movie Caddyshack?  One had a Bronco pursuit and the other one had a Chevy Chase.

It’s not like there’s a shortage of OJ, because if there was, I’d expect to see a shortage of vodka, too, and there’s no shortage of vodka, I mean, not that I’d know.  But when orange juice is headed through the moon, I expect to look around and see Eddie Murphy and Dan Ackroyd swapping a dollar on a bet.

I suppose that orange juice isn’t required for living, but you have to live somewhere.  I was talking to an acquaintance the other day, and he mentioned his kid had graduated from college and had a job in a major metropolitan area – not one that’s known for being expensive, mind you.  The apartment building is probably in a sketchier neighborhood because he mentioned it was gated.  The rent?  $1,700 a month.  For a fresh college grad and his spouse.

How many ants to fill an apartment?  Ten ants.

Ouch!  They’re probably not saving a lot of money, fresh college grads, at that level.  Is it any wonder that the birth rate for folks who contribute to the economy is down?  Who has money to have a baby when you have to cough up $1,700 a month, before utilities, to live in a neighborhood that requires walls and gates to be safe?  I guess that’s where the vodka comes in . . . vodka:  overriding good judgement in child bearing since 1405.

The impact of rent has been bad, but housing prices have done the youth of our country no favor, either.  It has long been my thought that people shouldn’t make themselves poor by buying a house, and, yet, they do, with the exception of Joe Biden, who has made buying the White House pretty lucrative.

Not my meme, but you can tell it’s classy by the “FF” in “PROFFIT”.  At least he’s doing well in this economy . . . 

It seems like the market is rigged to extract the maximum amount of money out of the people consuming housing, especially when compared with the 1950s when a single manufacturing income could afford a decent home for a family.  I can’t imagine a rent of $1,700 as a new college grad – that’s more than I’m paying right now on my existing mortgage.  I know that $1,700 sounds like Heaven to those of you living on the coasts, but this is a mid-tier southwestern town.

Houses have gotten worse.  In August, the average asking price in the United States was $445,000.   Due to inflation and interest rates, the average price that a purchaser could afford was $356,000.  This is an obvious recipe for deflation in housing prices in any other economy.  But in 2023?

How do Millennials fireproof their home?  By never owning one.

And, yet, there’s a housing shortage.  How could that be?

Could it be that millions and millions of people have hopped the border since 2000?  The minimum is 6,300,000 since Biden became Resident.  Minimum.  It’s likely that the number is much higher, and it’s nearly certain that tens of millions of illegals have poured across the border since 2000.  Want cheap housing?  You’re competing against people who often don’t pay taxes, live many families to a dwelling, and, when finally given the opportunity, will vote far Left to elect people who want us to eat the bugs and live in the pods.

In any previous world, we have the makings of an economic catastrophe:

  • Unlimited labor,
  • Massive cash printing,
  • Mass illegal immigration into crowded cities,
  • Bidens,
  • Housing shortages, and
  • Skyrocketing food prices.

What’s happening is that the things that are required to live, food and shelter, are becoming very, very expensive.  The blame is mainly left at the feet of the United States’ government and the Federal Reserve Bank®, but there’s more to go around.  McDonald’s© is selling a Big Mac® meal around Modern Mayberry for about $9.  That’s ludicrous for what you get in both quality and quantity, but that’s what it costs.  On the East Coast, it’s $16.  Here at the locally owned butcher shop, a very, very good ribeye from a local cow is $12.95 a pound.  Take your pick:  meat® on a bun™ or juicy, delicious steak?

YMMV, but for me that’s an easy choice.

My doctor suggested I eat at Burger King®.  I know, technically, he said, “no more McDonald’s®”, but I know what he meant.

But what about McDonald’s©?  Surely they must be having a McAwful™ day to have to raise prices that high.  Nah.  Their stock price is doing fine and they’re making lots of money – they beat the profit that Wall Street thought they were going to make.  McDonald’s® isn’t hit by inflation – they can just (at least until now) make everyone else pay.  That probably won’t last, but it sure is miserable for many now.

To summarize, the things that are required to live are going up.  The misery created by the current bad set of choices by bankers and elected officials is real, and getting worse by the day.  So, tonight, let’s put all of our worries aside and enjoy a television show about a bunch of hot people who are rich and successful!

Civil War 2.0 Weather Report, Violence Is On The Menu

“I don’t like violence, Tom. I’m a businessman.” – The Godfather

People say violence is never an option, but when I’m in a room with a Kardashian, well, let’s just say it’s option number one.

  1. Those who have an opposing ideology are considered evil.
  2. People actively avoid being near those of opposing ideology.  Might move from communities or states just because of ideology.
  3. Common violence. Organized violence is occurring monthly.
  4. Common violence that is generally deemed by governmental authorities as justified based on ideology.
  5. Opposing sides develop governing/war structures. Just in case.
  6. Open War.

Volume V, Issue 6

All memes except for the clock and graphs are “as found”.

This is a moving situation, and things are changing quickly.  The advice remains.  Avoid crowds.  Get out of cities.  Now.  A year too soon is better than one day too late.

In this issue:  Front Matter – New Achievement Unlocked:  Acceptable Violence – Violence and Censorship Update – Biden’s Misery Index – Updated Civil War 2.0 Index – Are We At War? Revisited – Links

Front Matter

Welcome to the latest issue of the Civil War II Weather Report.  These posts are different than the other posts at Wilder Wealthy and Wise and consist of smaller segments covering multiple topics around the single focus of Civil War 2.0, on the first or second Monday of every month.  I’ve created a page (LINK) for links to all of the past issues.  Also, subscribe because you’ll join nearly 820 other people and get every single Wilder post delivered to your inbox, M-W-F at 7:30AM Eastern, free of charge.

New Achievement Unlocked:  Violence Acceptable

One of the hallmarks of the countdown to Civil War 2.0 has always been:  Common violence that is generally deemed by governmental authorities as justified based on ideology.  We’ve debated about where to put it, but it’s been there since the very start of the countdown/index.  This month a Constant Reader sent me a link to American Partisan where the article discussed exactly that (LINK).

When a high government official formerly in charge of extrajudicial executions calls for the extrajudicial execution of an elected official to a national body, you might live in a banana republic.

  • 31% of Trump supporters and 24% of Biden supporters indicated that democracy is no longer viable.
  • 41% of Biden supporters and 38% of Trump supporters thought it was acceptable to use violence to stop their opponents.

Yes, I know that technically we’re not a democracy anyway because the Founding Fathers felt that was little more than mob rule, but it looks like a huge chunk of people are flat done with the idea of voting with ballots and are ready to start voting with fists, clubs, and bullets.

Except against women.  Or people who identify as women.  Or Leftists. But I repeat myself.  

This, sadly, is something that many have expected as the government loses the legitimacy that it enjoyed during most of the history of the country, with only 16% (according to Pew®) trusting the government to do way is right most of the time.

As I’ve mentioned before, some of the best advice I’ve ever heard about divorce was, “If you don’t want a divorce, don’t talk about one.”  Here, large numbers of the population are currently contemplating divorce, and contemplating not using a lawyer to get what they want, since 41% of Trump supporters and 30% of Biden supporters are in favor of secession based on political lines.

Although there is a flaw in the Leftist strategy.

Even when I started this blog, that seemed unlikely.  Although the maps show Red states and Blue states, the reality is that in 2016, many of them were purple – a roughly equal mixture of both.

Now we see that people really are moving from one state to another for purely political reasons.  If you’re on the Right, why live in a state that will criminalize you because you own guns?  If you’re on the Left, why live in a state that won’t let you kill all the babies you want to kill?

Violence and Censorship Update

Hillary Clinton, that bastion of common sense and moderation, noted this month that people who supported Donald Trump need to be “formally deprogrammed”.  If you think the Left is up for a truce and to forgive, that would be a mistake.

Proving that a Leftist is as loyal as a scorpion, well, read the note below.

But, good news for her!  She can update her Tinder® profile.

In a further example that we are at an 8. on the steps to Civil War 2.0 (list above, more story below) Portland has stopped trying to look good for a date, and is now at the stage that they’re eating frosting straight from the plastic container with a spoon.  The cops have given up.

The EU wants Elon Musk to censor comments on X®.  The only problem?  Like taking a woman to a restaurant, the want Elon to figure what they want him to censor without telling him.

Regardless of how you feel about, well, anyone, the First Amendment exists.  Except for certain subjects as the former governor of Mumbai points out below:

And Ron’s not far behind:

Lastly, Canadians seem to enjoy a few freedoms.  At least today:

Biden’s Misery Index

Let’s take a look to see how we’ve done this month . . . .

Yup, up again.  Looks like Biden is going for the record.  Who says he never gets anything done?  I hear he was even on hand to thank one of his financial supporters.

Updated Civil War II Index

The Civil War II graphs are an attempt to measure four factors that might make Civil War II more likely, in real time.  They are broken up into Violence, Political Instability, Economic Outlook, and Illegal Alien Crossings.  As each of these is difficult to measure, I’ve created for three of the four metrics some leading indicators that combine to become the index.  On illegal aliens, I’m just using government figures.

Violence:

Violence is up again, again slightly – I was expecting more during a long, hot summer.  I’m guessing that people don’t even notice it anymore.  Think San Fran will be paying for cops anytime soon?

Political Instability:

Up is more unstable, up.  I expect December to be a time when this starts to head upward, significantly, because, bears.

Economic:

Economic numbers are swinging back down again this month, and a bit more in October – I expected more.  Well, we’ll see.  Maybe there will be a miracle?

Illegal Aliens:

The biggest number, ever, in the history of the country, an unending flood.  Read Enoch Powell’s speech.

Are We At War? Revisited

Last month’s Weather Report topic was a simple question:  Are we at war?  The reason for this is that a Constant Reader said I was obviously stoned, because the war was obviously already going.

Another Constant Reader responded to this response as noted above that I was stoned for thinking we were closer to war than they did, and I thought it was a more than fair assertion that deserved a response:  “Not 8.  Not anywhere close to that.”

Well, as to point 6., where people are avoiding the other side, this is an ongoing process I noted that began years ago.  I have several friends that have specifically decided to move away from Leftist hotbeds for exactly that reason.  My own brother, John Wilder, is currently behind enemy lines in the Reddest area of a very blue state.  He’ll be moving before too long to a very, very Red State where he is no longer considered to be an extremist.

He does, however, have a great lawn.

Next, to point 7.  If anyone doesn’t think that organized violence is occurring regularly, they need to revisit their news sources.  Cities, even in Red States, are being run not by cops, not by commissions, and not by mayors.  Those cities are being run by district attorneys that are not prosecuting criminals and are sanctioning the violence.  It’s bad enough that it’s normalized – the group protests, riots, and mob thefts that are occurring with the tacit approval of the “justice” system takes us to an 8.  Reminder, this Civil War won’t have masses of armed troops to inflict the damage, especially at the start.

To get from 8. to 10. could happen in as little as two weeks – imagine another blatantly stolen election in 2024 . . . that might be the spark.  As shown in the first story, polls indicate that a growing number of people no longer want peace at all costs, and the peace that flows from the barrel of a gun would be quite acceptable.

It’s odd when the Muppet® doesn’t have the silliest hair.

Are we at an 8.?  I think so.  It doesn’t get to a 10. until the Right starts to fight back.  I do appreciate the feedback, since this is a work in progress, and it also nudges me to explain what the heck my reasoning is.  YMMV.

The fact that two readers with valid points make the opposite argument makes me think I’m close to the right answer.  We are very, very near.

LINKS

As usual, links this month are courtesy of Ricky.  Thanks so much, Ricky!!

BAD GUYS

https://twitter.com/i/status/1718365747414761547

https://twitter.com/i/status/1720452778508595253

https://twitter.com/i/status/1718594209450480043

https://twitter.com/i/status/1719551215858798957

https://twitter.com/i/status/1715239983911452861

https://twitter.com/i/status/1715236903853691077

https://twitter.com/i/status/1714199598871228535

GOOD GUY?

https://twitter.com/i/status/1716945256804200575

ONE GUY

https://twitter.com/UR_Ninja/status/1716227124275626374

BODY COUNT

https://citizenfreepress.com/wp-content/uploads/2023/10/biden-state-illegals.jpg

https://www.thecentersquare.com/national/article_9d841124-7449-11ee-af4a-af115ad29337.html

https://twitter.com/i/status/1707919466154082771

https://twitter.com/Jeanne2999432/status/1719039832633041054?t=Nd5Phexy5Xh6W1OcG6-yIw&s=19

https://cms.zerohedge.com/s3/files/inline-images/axis.JPG?itok=tZ4zVVGS
https://www.dailymail.co.uk/news/texas/article-12663663/Venezuelas-worst-gangsters-criminals-cross-border-carrying-orders-dictator-Maduro.html

https://www.dailymail.co.uk/news/article-12699675/US-border-China-migrants-caravan.html

https://www.dailymail.co.uk/news/article-12666301/Migrants-NYC-costing-taxpayer-5BN.html

https://www.dailymail.co.uk/health/article-12484069/US-deaths-mortality-richest-countries.html

https://tnc.news/2023/10/26/assisted-suicide-in-canada-2022-1/

https://thehill.com/opinion/national-security/4289645-bring-back-the-draft-a-divisive-battle-may-loom-over-any-major-war/

VOTE COUNT

https://citizenfreepress.com/wp-content/uploads/2023/10/emerald-fraud.jpeg

http://onlyinbridgeport.com/wordpress/watch-video-captures-gomes-supporters-absentee-ballot-dumping/

https://thefederalist.com/2023/10/05/10-ways-democrats-are-already-rigging-the-2024-election/

https://www.emerald.tv/p/georgias-election-officials-are-getting

https://1ft.io/proxy?q=https%3A%2F%2Fthefederalist.com%2F2023%2F10%2F31%2Franked-choice-voting-is-the-monster-under-the-bed-of-american-elections%2F

https://thefga.org/research/ranked-choice-voting-partisan-plot-to-disrupt-elections/

CIVIL WAR

https://www.dailymail.co.uk/news/article-12589871/mexico-cartel-texas-invasion-border-war-todd-bensman.html

https://www.newsweek.com/democrat-civil-war-reaching-boiling-point-1840367

https://news.yahoo.com/large-portion-americans-doubt-democracy-160659069.html

https://jonathanturley.org/2023/10/23/americas-crisis-of-faith-new-poll-reveals-more-americans-are-rejecting-the-constitution-and-embracing-violence/

https://www.zerohedge.com/news/2023-10-12/civil-war-5-4-3-2

https://www.governing.com/context/what-would-a-national-divorce-look-like

How The Left Is Changing Society, And How To Fight: Part II

“You know, in certain older civilized cultures, when men failed as entirely as you have, they would throw themselves on their swords.” – Serenity

What do you call a two dead parrots?  Pollygons.

This is part two of the series on social structures and control.

Most (stress on “most”) Western Nations adopted a modified version of a new social order between 1776 and 1920.  It looked like this:

  • Absent or Figurehead Monarch: The idea of absolute rule by King melted away, and was essentially done in the first world by 1920.  I mean, we dudes all still dream about it, but it’s gone.
  • Government Bureaucrats: The core of government power now flowed into an unelected bureaucracy that was, more or less, immune to election.  When governed by a Constitution, this was good.  When governed by avarice, not so much.  Thankfully, most of the bureaucrats in the twentieth century were governed by bad eyesight and a to close the window for lunch, if the DMV is any clue.
  • Elected Leadership: The idea that elected leaders subject to the will of the people would be the ones to run the government was a noble one.  Sadly, we started electing at least some dirtbags from the start.
  • Military Leaders: A professional military, generally subservient to the civilian leaders but still with cool uniforms.
  • Clergy: A strong church presence, though unofficial, was still the backbone of the country’s morality.  Some priests even became lawyers, or what we would call a father-in-law.
  • Constitution: At least in the United States, the Constitution was the basis of civic religion for the majority of the people.  In other countries, there were other things, like Great Britain and the King or Queen or Meghan Markle.  It was a basis for the foundation of the nation (or, country).
  • Big Business: In the twentieth century, big business (including big banking) finally grew to the point that it was able to be a primary force in society, providing products and jobs for the voters, donations for the leadership class, and, apparently, lots of fedoras.
  • Middle Class: This was the engine of prosperity – working to build the economy.  For a large part of the twentieth century government policy was focused on increasing this segment, since they were the spark plugs that both worked the line for GM® as well as ran the plants.
  • Lower Class: The big goal of most first world nations was to shrink this class, through education and sometimes direct payments.  Making them productive, it was felt, would be a win for civilization as a whole.

Although not optimum, this version of civilization was built on a solid structure that focused on the atom:  the family.  It tried to take feedback from voters, protect their rights, and create wealth and happiness for most.  It was an example of what happens when the people and the economy and the government more or less agree on virtue as the basis of society.

If honesty is a virtue, why doesn’t anyone want to hear the truth?

Yes, there were flaws.  But compared to today?

The flaws were miniscule.  It actually worked very, very well.  For a while.  But what was happening when the Left was in charge?  Well, you got a very, very different structure.

That’s not the power structure of most modern-day dictatorships.  That power structure assumes a Dear Leader, secret police, no church, a frightened military, and everyone else shoved into the frightened peasant class.  The culture there has nothing to do with any traditions, has nothing to do with religion, has nothing to do with trust (trust no one is the motto in lands with a secret police) and has nothing to do with Truth, Virtue or Beauty, since those are viciously stamped down if they conflict with the will of Dear Leader.

  • Dear Leader: The top was an individual.  Certainly, there were committees, but the basis was an individual.    Lenin.  Mao.  Kim.  The government didn’t revolve around them:  they were the government.
  • Secret Police: Dear Leader can’t be everywhere, all the time, so the next best thing was a hated and feared secret police.  Is it better to be hated or feared?  If you are Dear Leader, you want both.  You want the people to fear the secret police, but you also want the people to hate the secret police so that they could never govern.
  • Scared, Weak Military: Dear Leader needs a military, but they need to be scared of being replaced or killed.
  • Scared, Weak Bureaucrats: If the guys with tanks are scared, what hope do they have?
  • Scared, Weak Everyone Else: If the guys who assign Boris his Commieflat are scared, what hope does Boris have?

What size soda does Kim order?  A supreme liter.

The atom of a dictatorship isn’t a family, it’s an individual.  The goal of a dictatorship is weak families and no middle class.  The goal is to create distrust and to have parents not trust their children, nor spouses trust each other.  One of the first actions of the commie Spanish Republic was to make abortion legal, and eliminate marriages because they wanted to “make women equal”.

The reality was the Spanish commies wanted to destroy family ties so that the state was the unquestioned leader.  This creates a different kind of stability – one based on constant fear and no trust.  I wonder if that sounds familiar to anyone?

We are watching most of the Western World morphing from their old structure into the structures that Dear Leader would love.

  • Uniparty: Most of the Democrat mainstream and Republican mainstream have the same “values”, with only a variation or two.  The Republicans acted like the neighborhood dog that finally caught the car when the Supreme Court revoked the absolute right of women to kill babies “because it’s Tuesday” and had no real plans.  Abortion was a fundraiser, not a real issue to them.
  • Converged Bureaucrats: Bureaucrats in the FedGov are now out only for themselves and the bureaucracy they serve.  The ATF doesn’t care if you have guns, really.  The ATF just wants to have funding and to be able to shoot the family dog on Tuesdays.
  • Incipient Police State: Don’t think we have a police state that hands out unfair punishments?  Type “January 6” into a search engine sometime . . .
  • A Vanishing Clergy: Church used to be an important touchstone – in the 1950s some banks wouldn’t give a mortgage if the pastor of your church didn’t speak favorably about your character.  Extreme?  Probably not – it kept a place in the community for virtue.  The goal of the Left is that they have the monopoly on defining virtue.  Hey, Live, Laugh, Love, right?
  • A Captive Press: When was the last time anyone in the Mainstream Media actually tried to challenge The Narrative?  Oh, yeah, Tucker Carlson.
  • Twisted Constitution: The Constitution of the United States was written on plain language so the common citizen could understand it.  Now?  Emanations and penumbras and twisting of “thou shalt not” into “thou shalt” has made Constitutional law like a game of limbo – how low can you go?  That the Civil Rights Act is now more important than actual Constitutional protections is all you need to know.
  • Subservient Military: Obama spent a lot of time and effort clearing out high-level officers in the military that weren’t on the Left.  Notice that none of the top brass pushed back against the vaxx mandate?
  • Big Business: Big business has always had inordinate power due to their size and the amount of money they control (this includes big banks).  During the last 40 years big business has dominated and destroyed most profitable small business niches.  This results in a . . .
  • Much Smaller Middle Class: The middle class is smaller and poorer than at any time in my life.  This is getting ready (over the next two years) to get much worse.
  • Everyone else: This is the goal – that 80% plus of the population are stuck, working paycheck to paycheck, unable to accumulate wealth, and having their saved money inflated away.

The values of this brave new world aren’t anchored by any sort of church.  Values in 2023 move around every day at the whim of the Left.  It’s all coordinated, too.  Whatever value that they want is pushed through channels to the public, often with movies and television shows backing it up using emotionally laden content to transmit the message.  Remember those “very special episodes”?  Yup, all of them were propaganda.

But he was such a good boy.  Never hurt anyone.

They had left the Internet and alternative media alone.  Probably, it was left for a safety valve and because most Normies get their news and opinions from Mainstream sources.  In reality, especially in the aftermath of Trump being meme’d into office in 2016, the hammer has started to come down.  Information wants to be free, but the Left has taken the Dear Leader approach to information.

Ever notice that comment segments on news stories went from “nearly every news story has one” to “Comment section?  What’s that?” in a span of just a few years?  The problem was that people in the comment section were making too much sense.  The people in the comment section were exposing the lies in the news stories.  They had to be dealt with.

Websites like mine have been “detuned” from the search algorithms.  This makes it harder for normies to find places that have unapproved ideas.  YouTube® has veered into censorship, having kicked podcasts off the air for simply arguing against the vaxx or agreeing with the very real possibility that the 2020 elections were hijacked.

My computer started to cuss after the processor got too hot.  I had to install a heat censor.

But not all is lost.  Elon Musk has made “Community Notes” a thing.  They’re a way to point out the Lies of the Left and those that hate Truth, Beauty, Steak, Families, and Nations.

This is how they’re targeting us, and how they have targeted us over decades.  The wonderful part is that we have Truth, Beauty, Steak, Families and the power of Nations on our side.  And people are waking up – 30% to 40% of all voters (not just those on the Right) believe the 2020 election was illegitimate.  This is despite widespread censorship of this idea.

Keep spreading the Truth.  Practice virtue and push your church (if you have one) to be more virtuous, rather than another Leftist conquest.  Starve Big Business, when you can.  Buying from local farmers gives them more money and keeps the money away from people who hate you.

If your misery is caused by paranoia, I can tell you you’re not alone.

We can’t wait until plate tectonics splits California off into an island, and the good news is that we won’t have to.  As I’ve said before, we will win.

We are inevitable.

Bikinis, Garbage Loans, And Fishy Finance

“A 30-year mortgage at Michael’s age essentially means that he’s buying a coffin. Now, if I were buying my coffin, I would get one with thicker walls.” – The Office

Most garbage workers don’t get official training.  They pick it up as they go along.

The Big Solution to the Great Recession was printing lots of money.  I would have (back then) thought that it would have hit the economy all at once.  In reality, what the Federal Reserve® and the Treasury did was send all that money they printed off to the banks.

The banks didn’t lend it.  They kept it on the books, and in fact many of them redeposited their free money with the Fed™.  In reality, the Fed© was scared about was the entire system locking up.  It was pretty bad in 2009 – basic chemicals that were necessary (say, sulfuric acid) for a basic, functioning economy just stopped production.

No one knew who had money, or who would have money.  As one friend of mine noted at the time, “When the tide goes out, you finally see who isn’t wearing swimming trunks.”

My office above a bank, my assets over tens of millions of dollars.

The inflation stayed “within target” for the Fed™, flipping up and down around 2% during the decade following.  Again, with all of the money printed, I expected it to be more, and I still don’t trust the official government figures on inflation since that would be like trusting a used-car salesman on that gently used 1995 Ford Taurus© with only 350,000 miles on it.

COVID was the final straw, though.  People produced less stuff, so there was a lower supply.  The government printed a lot more money and then gave it to everyone, who most definitely didn’t save it, and in fact bid prices up on everything.  Making nothing and buying everything?

Inflation.  Or my ex-wife.

Inflation finally triggered interest rates to go up.  That posed a problem for the banks.  Let’s take me:  I have a small mortgage left on Stately Wilder Manor.  I’m in no hurry to pay it off because I can get a CD for 5.5%, but my mortgage is only 4%.

How did Metallica stop people from pirating their music?  They started releasing garbage.

My mortgage is worth less to the banks now than I owe on it – if I were another bank, they’d sell it to me for less than I owe.  That’s a problem for banks that have exposure to mortgages and didn’t sell them off or hedge them.

It’s not just mortgages – Silicon Valley Bank® decided to invest in lots of long-term bonds and such because inflation had been so low.  Buy a corporate bond yielding 4%, pay depositors 1%, and profit!

But when interest rates started heading upward, the same sort of math as with the bank that owns my mortgage applies – what used to be worth $100 is now only worth, say, $80.  Oops.  When the people who put hundreds of millions of dollars into the bank, money that wasn’t insured, find out?

Bank funs.  Er, bank runs.

And it’s gone . . .

How bad was it?  Of the $172 billion deposited at the bank, only 11% was covered by deposit insurance.  I imagine that there were quite a few tense billionaires like Oprah worried that she’d have to get a job at the McDonald’s® drive through, and how could she resist those perfectly salty fries?

Since billionaires were in danger, the FDIC immediately said, “Rules?  Who needs those.  All money is safe in Bartertown!”

My initial expectation is that we’d see more bank failures right around now as interest rates increased and the piles of garbage on the balance sheets of the banks started to rot.  Instead?  Banks are still (I believe) happily lending money borrowed by the Fed™.

How do they do it?  They manage to do it by having the Fed© allow them to mark their assets to what they paid for them, not what they’re worth.  So, they’re lying.  I’m fairly certain the Fed™ is buying this stuff to get it off the balance sheets of the banks and lending them more money whenever they don’t have enough caviar.

Does the Sturgeon General recommend caviar?

The rot, though, is still there – it’s only a matter of who pays for the rot.  Debt always gets paid, the old saying goes, either by the borrower or by the lender.  I do know of two local businesses that are going bankrupt.  Their debt is what drove the bankruptcy.  My guess is that, combined, they have a debt of a million and a half dollars (or so).  Who will pay it?  In the end, the lender will.

I think that might be at least part of the big jump in debt that the United States owes.  As interest rates go up, Uncle Sam is acting like a raccoon and jumping straight into the trash can to eat the garbage loans and bonds that the banks had to throw out because they were stinking up the fridge.  Here’s proof:

England doesn’t have a kidney bank, but it does have a Liverpool.

Eventually, printing lots and lots of money is like a magic trick the magician does one too many times and everyone sees how it works.  Will it work this time?

Unrelated, frequent commenter Ray notes this Give Send Go.  I’ll let him explain more. GiveSendGo – Loco Needs Divorce from Prostate: The Leader in Freedom Fundraising.

Globalism, Computer Chips, And Breast Implants

“Bart, the Internet is more than a global pornography network.” – The Simpsons

Biden shooting the Chinese Spy Balloon® is the only thing he’s done to fight inflation so far.

It’s all about the chain.

A global supply chain has some attributes.  Just like money is freely (in most cases) able to cross borders, in a global system labor can cross borders as well, without ever having to leave home.  People in (spins wheel) Bangladesh work for $0.0010 an hour sewing soccer balls?  If they’re as productive (per dollar) as having a machine and skilled operator in the United States do it, the work went to Bangladesh.

This is (if you’re in Bangladesh) probably a good thing since your alternative was farming spider webs or whatever it is that people in Bangladesh eat.  In theory, it’s good for the company that sells soccer balls, since they can (not saying they will, but they can) price them lower, and still produce a profit.  It also would appeal to the women who play soccer while their husbands are in the kitchen doing the dishes in Europe.

Why did the Italian join Tinder®?  He was provalonely.

But what it doesn’t do is help the highly-skilled guy who used to make them in a non-spider web eating country.  In fact, over time the knowledge of all the little tricks that are necessary to make soccer balls cheaply and effectively are lost as they’re transported to Bangladesh.

This might not be such a big deal when it comes to soccer balls, because you can (in a pinch) use the heads of your enemies for one, which would make soccer my favorite sport, ever.  But when it comes to things like computer chips, well, that’s a different story.  I believe it was the head of the Economic Advisors of George H.W. Bush’s White House who made the comment that he didn’t care if Americans were making potato chips or computer chips as long as they had a job.  Oddly, G.H.W. Bush hadn’t had had a job for decades, so, why not?

The question even I don’t know the answer to:  is this my last inflation joke?

Bush’s advisor was wrong.  While Americans were making potato chips, places like Taiwan Semiconductor were making computer chips.  Likewise, they were learning how to make them.  Knowing what’s on a computer chip is nice, but it doesn’t tell me about all the of the steps required to make structures that are so very small that we’re near the limit of shrinking chips because the of the size of the silicon atom itself.  Yeah.  It’s that complicated.  But, hey, we have Ruffles® instead of knowing how to do that.

Making chips of such precision took literally decades of investment, billions of dollars in research, and replicating it is very, very hard, unless you’re China and steal the secrets while putting “your people” in sensitive positions in corporations that do the work.  Oh, did I just describe every industry?

No, there’s an absolute advantage to making computer chips over potato chips.  Building computer chips takes knowledge but it also builds knowledge, some of which can result in additional, new businesses that make use of the technologies developed in building computer chips.  Imagine, a PEZ® dispenser a billionth of an inch (40 Newtons) tall!  This was what the Soviets dreamed of!

Speaking of names, because of inflation, Dollar Tree® will soon be calling itself Tree Dollar®.

It’s not just the high technology parts that go into nearly every appliance, car, and weapons system that is used in the United States, it also applies to commodities like sweet, sweet oil.  It also applies to rare-earth minerals, which China (currently) leads the world in production.

But rare-earth minerals aren’t all that rare – we have them in the United States, but don’t have active mines and refining processes.  Why?  It’s expensive to mine here (labor costs) and it’s expensive to mine here (environmental compliance costs).  So, it’s cheaper to ship the mining off to China and just let them do the dirty work since they (at least in the past) don’t seem to care about losing a few million people to escalators, building collapse, explosions, or whatever other dystopian nightmare you can imagine.

How does a mollusk hide from predators?  Clamoflage.

The downside of this global civilization is that it’s pretty tightly wound.  In most cases, companies don’t like to stockpile “stuff” so they have it delivered just when it’s needed and don’t have a big supply sitting in a warehouse.  When writing for a post a few years ago, I wanted to know how much grain was sitting in the silos near Modern Mayberry (which is near the silos that produced the grain).

The answer surprised me – the silos were nearly always one-half to two-thirds full.  Whoever is making the bread doesn’t want the wheat until they’re ready for it – they certainly don’t store it on site until it’s much closer to becoming a loaf.

COVID exposed the supply chain, and the panic response of the public.  Toilet paper was in short supply not because there wasn’t enough toilet paper, but rather because there wasn’t enough toilet paper capacity to produce 1,000 roles for every person today.

If I had a $0.05 for every bread joke I’ve told, I’d have a pun per nickel.

As warfare hits Ukraine and Israel (and maybe the wider Middle East) and as tensions rachet with China over the status of Taiwan, which just happens to lead the world in computer chip manufacturing, we’ll soon see if the globalism that we’ve faced is as fatal to the fate of nations as it was to so many million middle-class jobs in the United States.  When we (by default) import Bangladeshi labor along with the millions of illegal aliens that we destroy, we (by default, eventually) import the Bangladeshi lifestyle.

Pardon me, I need to research how to cook spider webs.