"In a time of universal deceit telling the truth is a revolutionary act." -George Orwell

Posts Tagged ‘Societal Collapse’

Some Credible Scientists Believe Humanity Is Irreparably Close To Destruction

In Uncategorized on August 23, 2013 at 7:34 pm

Oldspeak: “Scientists are putting out the warning call that rapid, life-threatening climate change lies ahead in our near future—but most are drowned out by the political arguments and denialist rhetoric of climate change skeptics. …. The general public seems to be getting ready for some sort of societal collapse… there are some clarion calls coming from…well-respected scientists and journalists who have come to some scarily-sane sounding conclusions about the threat of human-induced climate change on the survival of the human species… Recent data seems to suggest that we may have already tripped several irrevocable, non-linear, positive feedback loops (melting of permafrost, methane hydrates, and arctic sea ice) that make an average global temperature increase of only 2°C by 2100 seem like a fairy tale. Instead, we’re talking 4°C, 6°C, 10°C, 16°C (????????) here….The link between rapid climate change and human extinction is basically this: the planet becomes uninhabitable by humans if the average temperature goes up by 4-6°C. It doesn’t sound like a lot because we’re used to the temperature changing 15°C overnight, but the thing that is not mentioned enough is that even a 2-3°C average increase would give us temperatures that regularly surpass 40°C (104°F) in North America and Europe, and soar even higher near the equator. Human bodies start to break down after six hours at a wet-bulb (100% humidity) temperature of 35°C (95°F). This makes the 2003 heat wave in Europe that killed over 70,000 people seem like not a very big deal…Factoring in the increase we’re already seeing in heat waves, droughts, wildfires, massive storms, food and water shortages, deforestation, ocean acidification, and sea level rise some are seeing the writing on the wall: We’re all gonna die! -Nathan Curry

“Tick, Tick, Tick, Tick, Tick….. Meanwhile, news outlets are focusing on the civil war in Syria, Chelsea Manning’s sexual transition, the 50th Anniversary of the March On Washington.  Don’t get that shit ATAL. You have life long scientists quitting their jobs to become environmental activists. Something ain’t right. “OSJ

By Nathan Curry @ Vice Magazine:

If you were to zoom out and take a comparative look back at our planet during the 1950s from some sort of cosmic time-travelling orbiter cube, you would probably first notice that millions of pieces of space trash had disappeared from orbit.

The moon would appear six and a half feet closer to Earth, and the continents of Europe and North America would be four feet closer together. Zooming in, you would be able to spot some of the industrial clambering of the Golden Age of Capitalism in the West and some of the stilted attempts at the Great Leap Forward in the East. Lasers, bar codes, contraceptives, hydrogen bombs, microchips, credit cards, synthesizers, superglue, Barbie dolls, pharmaceuticals, factory farming, and distortion pedals would just be coming into existence.

There would be two thirds fewer humans on the planet than there are now. Over a million different species of plants and animals would exist that have since gone extinct.  There would be 90 percent more fish, a billion less tons of plastic, and 40 percent more phytoplankton (producers of half the planet’s oxygen) in the oceans. There would be twice as many trees covering the land and about three times more drinking water available from ancient aquifers. There would be about 80 percent more ice covering the northern pole during the summer season and 30 percent less carbon dioxide and methane in the atmosphere. The list goes on…

Most educated and semi-concerned people know that these sorts of sordid details make up the backdrop of our retina-screened, ethylene-ripened story of progress, but what happens when you start stringing them all together?

If Doomsday Preppers, the highest rated show on the National Geographic Channel is any indication, the general public seems to be getting ready for some sort of societal collapse. There have always been doomsday prophets and cults around and everyone has their own personal view of how the apocalypse will probably go down (ascension of pure souls, zombie crows), but in the midst of all of the Mayan Calendar/Timewave Zero/Rapture babble, there are some clarion calls coming from a crowd that’s less into bugout bags and eschatology: well-respected scientists and journalists who have come to some scarily-sane sounding conclusions about the threat of human-induced climate change on the survival of the human species.

Recent data seems to suggest that we may have already tripped several irrevocable, non-linear, positive feedback loops (melting of permafrost, methane hydrates, and arctic sea ice) that make an average global temperature increase of only 2°C by 2100 seem like a fairy tale. Instead, we’re talking 4°C, 6°C, 10°C, 16°C (????????) here.

The link between rapid climate change and human extinction is basically this: the planet becomes uninhabitable by humans if the average temperature goes up by 4-6°C. It doesn’t sound like a lot because we’re used to the temperature changing 15°C overnight, but the thing that is not mentioned enough is that even a 2-3°C average increase would give us temperatures that regularly surpass 40°C (104°F) in North America and Europe, and soar even higher near the equator. Human bodies start to break down after six hours at a wet-bulb (100% humidity) temperature of 35°C (95°F). This makes the 2003 heat wave in Europe that killed over 70,000 people seem like not a very big deal.

Factoring in the increase we’re already seeing in heat waves, droughts, wildfires, massive storms, food and water shortages, deforestation, ocean acidification, and sea level rise some are seeing the writing on the wall:

We’re all gonna die!

If you want to freak yourself the fuck out, spend a few hours trying to refute the mounting evidence of our impending doom heralded by the man who gave the Near Term Extinction movement its name, Guy McPherson, on his blog Nature Bats Last. McPherson is a former Professor Emeritus of Natural Resources and Ecology and Evolutionary Biology at the University of Arizona, who left his cushy tenured academic career and now lives in a straw-bale house on a sustainable commune in rural New Mexico in an attempt to “walk away from Empire.” There are a lot of interviews and videos available of Dr. McPherson talking about NTE if you want to boost your pessimism about the future to suicidal/ruin-any-dinner-party levels.


If you are in need of an ultimate mind-fuck, there is a long essay on McPherson’s site entitled “The Irreconcilable Acceptance of Near Term Extinction” written by a lifelong environmental activist named Daniel Drumright. He writes about trying to come to terms with what it means to be on a clear path toward extinction now that it’s probably too late to do anything about it (hint: suicide or shrooms). As Drumright points out, the entirety of human philosophy, religion, and politics doesn’t really provide a framework for processing the psychological terror of all of humanity not existing in the near future.

Outside of the official NTE enclave, there are a lot of scientists and journalists who would probably try to avoid being labeled as NTE proponents, but are still making the same sort of dire predictions about our collective fate. They may not believe that humans will ALL be gone by mid-century, but massive, catastrophic “population decline” due to human-induced rapid climate change is not out of the picture.

James Hansen, the former head of NASA’s Goddard Institute for Space Studies and one of the world’s leading climatologists has recently retired from his position after 43 years in order to concentrate on climate-change activism. He predicts that without full de-carbonization by 2030, global CO2 emissions will be 16 times higher than in 1950, guaranteeing catastrophic climate change. In an essay published in April of this year, Hansen states:

“If we should ‘succeed’ in digging up and burning all fossil fuels, some parts of the planet would become literally uninhabitable, with some times during the year having wet bulb temperatures exceeding 35°C. At such temperatures, for reasons of physiology and physics, humans cannot survive… it is physically impossible for the environment to carry away the 100W of metabolic heat that a human body generates when it is at rest. Thus even a person lying quietly naked in hurricane force winds would be unable to survive.”

Bill McKibben, prominent green journalist, author, distinguished scholar, and one of the founders of 350.org—the movement that aims to reduce atmospheric CO2 levels to 350ppm in the hopes of avoiding runaway climate change—wrote a book in 2011 called Eaarth: Making a Life on a Tough New Planet. In it he highlights current environmental changes that have put us past the predictions that had previously been reserved for the end of the 21st century. He emphasizes that the popular political rhetoric that we need to do something about climate change for our “grandchildren” is sorely out of touch with reality. This is happening now. We’re already living on a sci-fi planet from a parallel universe:

“The Arctic ice cap is melting, the great glacier above Greenland is thinning, both with disconcerting and unexpected speed. The oceans are distinctly more acid and their level is rising…The greatest storms on our planet, hurricanes and cyclones, have become more powerful…The great rain forest of the Amazon is drying on its margins…The great boreal forest of North America is dying in a matter of years… [This] new planet looks more or less like our own but clearly isn’t… This is the biggest thing that’s ever happened.”


Climate Change protesters in Melbourne. via Flickr.

Peter Ward is a paleontologist and author whose 2007 book Under a Green Sky: Global Warming, the Mass Extinctions of the Past, and What they Can Tell Us About the Future, provides evidence that all but one of the major global extinction events (dinosaurs) occurred due to rapid climate change caused by increased atmospheric carbon dioxide levels. This time around, the carbon dioxide increase happens to be coming from humans figuring out how to dig billions of tons of carbon out of the ground—and releasing it into the air. Ward states that during the last 10,000 years in which human civilization has emerged, our carbon dioxide levels and climate have remained anomalously stable, but the future doesn’t look so good:

“The average global temperature has changed as much as 18°F [8°C] in a few decades. The average global temperature is 59°F [15°C]. Imagine that it shot to 75°F [24°C] or dropped to 40°F [4°C], in a century or less. We have no experience of such a world… at minimum, such sudden changes would create catastrophic storms of unbelievable magnitude and fury…lashing the continents not once a decade or century but several times each year…For most of the last 100,000 years, an abruptly changing climate was the rule, not the exception.”

Far from being a Mother Earth lover, Ward has also developed an anti-Gaia hypothesis that he calls the “Medea Hypothesis” in which complex life, instead of being in symbiotic harmony with the environment, is actually a horrible nuisance. In this hypothesis, the planet and microbial life have worked together multiple times to trigger mass extinction events that have almost succeeded in returning the earth to its microbe-dominant state. In other words, Mother Earth might be Microbe Earth and she might be trying to kill her kids.

Scientists are putting out the warning call that rapid, life-threatening climate change lies ahead in our near future—but most are drowned out by the political arguments and denialist rhetoric of climate change skeptics. The well-funded effort by free market think tanks, energy lobbyists, and industry advocates to blur the public perception of climate science should come as no surprise. The thermodynamic forcing effects of an ice-free artic by 2015 don’t seem so threatening if you stand to gain billions of dollars by sending drill bits into the potentially huge oil reservoirs there.

It may not be the case that the southwest US will be uninhabitable by 2035, or that all of human life will be extinguished in a generation, but we should probably start to acknowledge and internalize what some of the people who have given their lives to better understand this planet are saying about it. It’s depressing to think that humans, in our current state, could be the Omega Point of consciousness. Maybe sentience and the knowledge of our inevitable death have given us a sort of survival vertigo that we can’t overcome. As the separate paths of environmental exploitation quickly and quietly converge around us, we might just tumble off the precipice, drunk on fossil fuels, making duck faces into black mirrors.

A Very Very Mad World: Trying To Stay Sane In An Insane World

In Uncategorized on July 31, 2013 at 4:10 pm

Oldspeak: “Facts are treasonous and dangerous in an empire of lies, fraud and propaganda. It is maddening to watch the country spiral downward, driven to ruin by a psychotic predator class, while the plebs choose to remain willfully ignorant of reality and distracted by their lust for cheap Chinese crap and addicted to the cult of techno-narcissism. We are a country running on heaping doses of cognitive dissonance and normalcy bias, an irrational belief in our national exceptionalism, an absurd trust in the same banking class that destroyed the finances of the country, and a delusionary belief that with just another trillion dollars of debt we’ll be back on the exponential growth track. The American empire has been built on a foundation of cheap easily accessible oil, cheap easily accessible credit, the most powerful military machine in human history, and the purposeful transformation of citizens into consumers through the use of relentless media propaganda and a persistent decades long dumbing down of the masses through the government education system… The examples of our national insanity are almost too vast to document, but any critical assessment of what we’ve done over the last one hundred years reveals the idiocracy that has engulfed our collapsing empire.” –Jim Quinn

“One only need witness the near secret trial and conviction of  U.S. Army whistleblower Bradley Manning for espionage after he courageously exposed the criminality, fraud, corruption and malfeasance rampant in the U.S. Army, to see how treasonous and dangerous exposing facts are in an empire of lies, fraud and propaganda. A couple of key facts Mr Quinn left out in the above 99% spot on quote – the American empire was definitely built on all the things he mentioned, but the building material perhaps most crucial to the success of the American empire project: 1 – hundreds of years free African slave labor. And 2 – the virtual extermination of and forcible appropriation of  the bountiful lands of Native Americans.  Kinda a huge deal. 😀  Anywho, keep trying to stay sane in this insane world. Question everything, reject propaganda, resist censorship, disobey civilly, think critically, think freely and seek truth wherever you find it.” –OSJ

By Jim Quinn @ The Burning Platform:

“I mean—hell, I been surprised how sane you guys all are. As near as I can tell you’re not any crazier than the average asshole on the street.”R.P. McMurphy – One Flew Over the Cuckoo’s Nest

“Years ago, it meant something to be crazy. Now everyone’s crazy.”Charles Manson

 

“In America, the criminally insane rule and the rest of us, or the vast majority of the rest of us, either do not care, do not know, or are distracted and properly brainwashed into acquiescence.”Kurt Nimmo

I have to admit to being baffled by the aptitude of the Wall Street and K Street financial elite to keep their Ponzi scheme growing. I consider myself to be a rational, sane human being who understands math and bases his assessments upon facts and a sensible appraisal of the relevant information obtained from trustworthy sources. Of course, finding trustworthy sources is difficult when you live in a corrupt, crony-capitalist, fascist state, controlled by banking, corporate and military interests who retain absolute control over the mainstream media and governmental propaganda agencies. Those seeking truth must pursue it through the alternative media and seeking out unbiased critical thinkers who relentlessly abide by what the facts expose. This is no time for wishful thinking, delusions and fantasies. In the end, the facts are all that matter. As Heinlein noted decades ago, the future is uncertain so facts are essential in navigating a course that doesn’t lead you to ruin upon the shoals of ignorance.

“What are the facts? Again and again and again – what are the facts? Shun wishful thinking, ignore divine revelation, forget what “the stars foretell,” avoid opinion, care not what the neighbors think, never mind the un-guessable “verdict of history” – what are the facts, and to how many decimal places? You pilot always into an unknown future; facts are your single clue. Get the facts!” ― Robert A. Heinlein

Facts are treasonous and dangerous in an empire of lies, fraud and propaganda. It is maddening to watch the country spiral downward, driven to ruin by a psychotic predator class, while the plebs choose to remain willfully ignorant of reality and distracted by their lust for cheap Chinese crap and addicted to the cult of techno-narcissism. We are a country running on heaping doses of cognitive dissonance and normalcy bias, an irrational belief in our national exceptionalism, an absurd trust in the same banking class that destroyed the finances of the country, and a delusionary belief that with just another trillion dollars of debt we’ll be back on the exponential growth track. The American empire has been built on a foundation of cheap easily accessible oil, cheap easily accessible credit, the most powerful military machine in human history, and the purposeful transformation of citizens into consumers through the use of relentless media propaganda and a persistent decades long dumbing down of the masses through the government education system.

This national insanity is not a new phenomenon. Friedrich Nietzsche observed the same spectacle in the 19th century.

“In individuals, insanity is rare; but in groups, parties, nations and epochs, it is the rule.”

The “solutions” imposed by the supposed brightest financial Ivy League educated minds and corrupt bought off political class upon people of the United States since the Wall Street created 2008 worldwide financial collapse are insane and designed to only further enrich the crony capitalists and their banker brethren. The maniacs are ruling the asylum. John Lennon saw the writing on the wall forty five years ago.

“Our society is run by insane people for insane objectives…. I think we’re being run by maniacs for maniacal ends … and I think I’m liable to be put away as insane for expressing that. That’s what’s insane about it.”John Lennon, Interview BBC-TV (June 22, 1968)

The world is most certainly ruled by a small group of extremely wealthy evil men who desire ever more treasure, supremacy and control, but the vast majority of Americans have stood idly by mesmerized by their iGadgets and believing buying shit they don’t need with money they don’t have is the path to happiness and prosperity, while their wealth, liberty and self-respect were stolen by the financial elite. Our idiot culture, that celebrates reality TV morons, low IQ millionaires playing children’s sports, egomaniacal Hollywood hacks, self-promoting Wall Street financers, and self-serving corrupt ideologue politicians, has been degenerating for decades.

“We are in the process of creating what deserves to be called the idiot culture. Not an idiot sub-culture, which every society has bubbling beneath the surface and which can provide harmless fun; but the culture itself. For the first time, the weird and the stupid and the coarse are becoming our cultural norm, even our cultural ideal.” Carl Bernstein -1992

The examples of our national insanity are almost too vast to document, but any critical assessment of what we’ve done over the last one hundred years reveals the idiocracy that has engulfed our collapsing empire.

The Madness of Crowds

In reading The History of Nations, we find that, like individuals, they have their whims and their peculiarities, their seasons of excitement and recklessness, when they care not what they do. We find that whole communities suddenly fix their minds upon one object and go mad in its pursuit; that millions of people become simultaneously impressed with one delusion, and run after it, till their attention is caught by some new folly more captivating than the first.”Charles MacKay – Extraordinary Popular Delusions and the Madness of Crowds

We have become a nation that seamlessly goes mad every five years in pursuit of some new delusionary fantasy sold to us by the ruling class, only to see those dreams shattered like a wooden ship on the reef of reality. You can never underestimate the power of human stupidity. Ben Bernanke and his Federal Reserve cronies have printed $2.6 trillion of new money out of thin air since September 2008 in order to prop up their Wall Street owners, who had engineered the largest control fraud (mortgage debt/housing bubble) in world history, recklessly gambled in their ravenous appetite for sordid profits, and drove their firms into insolvency. It took the Federal Reserve 95 years to accumulate a balance sheet of $900 billion of safe U.S. Treasuries.

fed balance sheet

They have insanely quadrupled their balance sheet in the last 5 years by accumulating toxic mortgage debt from Wall Street banks and purchasing the majority of new Treasury debt being issued to fund the Federal government’s insane trillion dollar annual deficits. Bernanke, the corporate media, government apparatchiks, and captured political class act as if this is normal, when it is clearly the act of a desperate ruling class in its final death throes. Bernanke has leveraged his balance sheet 60 to 1. Lehman and Bear Stearns were leveraged 30 to 1 when they collapsed. The 100 basis point move in rates over the space of two months has resulted in Bernanke losing $200 billion and effectively wiping out his $55 billion of capital.

fed 10 year

Of course, in a corrupt regime accounting fraud is encouraged and applauded by the status quo. Just as the spineless accountants on the FASB buckled to threats from Bernanke and Paulson in early 2009 and reversed the requirement that assets be marked to market so the felonious Wall Street banks could fraudulently hide their insolvency, the Federal Reserve has decided their losses don’t matter. The Federal Reserve classifies their losses as an asset. Don’t you wish you could classify your 401k losses and your home value losses as an asset? The tapering bullshit storyline is just another attempt to distract the masses from focusing on the fact that Bernanke will never stop expanding his balance sheet because if he stops the financial system will collapse in a catastrophic implosion. The Ponzi scheme will continue until loss of faith leads to a scramble away from the U.S. dollar.

fed balance sheet

Since the infamous creation of the Federal Reserve by a secretive cabal of bankers and politicians in 1913, the ultimate destination of the American empire was set. Every fiat currency in world history has collapsed. Our entire system has been based on infinite exponential growth. The fallacy of American exceptionalism has been built on an underpinning of pure stupid luck and the issuance of more and more debt. The American empire grew to epic proportions due to the discovery of cheap easily accessible oil in the late 19th century and the physical and economic destruction of Europe, Russia and Japan during World War II. The accumulation of debt was fairly moderate during the glory years after World War II, but began to accelerate after the fateful year of 1971 when U.S. oil production peaked and Tricky Dick Nixon removed the last vestiges of restraint from central bankers and politicians by closing the gold window. With the shackles removed from the wrists of corruptible knaves and shysters, America’s future depended upon the wisdom, honesty and financial acumen of Washington politicians and Wall Street financers. Once the citizens realized they could vote for more bread and circuses, our ultimate demise was set in motion. A nation that had produced real annual growth of 4% during the 1950’s and 1960’s has seen a steady decline for the last four decades.

The term pushing on a string describes the Quantitative Easing (literally money printing) and Keynesian debt financed pork spending efforts of our increasingly frantic owners. The insanity of what we’ve done since 1971 is almost too crazy to comprehend. In the first 182 years of our existence the leaders we elected to steward the nation accumulated $400 billion of national debt. By 1981, unleashed from any semblance of spending control, the politicians and bankers had added another $600 billion of debt, a 150% increase in 10 years. By 1991 our beloved leaders had added another $2.6 trillion of debt, another 160% increase in 10 years. By 2001 another $2.2 trillion had been accumulated, only a 60% increase due to the end of the Cold War and a one-time tax surge from the Dot.com stock bubble. Bush’s worldwide War on Terror, expansion of the police state, tax rebate stimulus idiocy, and expansion of the welfare state (Medicare Part D) drove the national debt up by another $2.2 trillion in just eight years, a 40% increase.

The insane amassing of debt since 2008 has put a final nail in the coffin of the ridiculous Keynesian theory, as the Federal government has increased annual spending by 35% over the last five years and the economy is still moribund. Our fearless leaders have driven the national debt from $7.8 trillion to $16.7 trillion in less than five years, a 110% increase. The country continues to add $2 to $3 billion of debt per day. Consider how insane it is that we now accumulate more debt in half a year than we did cumulatively over the first 182 years of our existence as a country. And our elected, or should I say selected, leaders, cheer on the intellectually bankrupt academics like Bernanke whose only solution to every crisis is to print moar and then lie to the American people about his true purpose, act as if annually spending $1 trillion more than we collect while knowing there are over $200 trillion of unfunded promises to fulfill is a reasonable and realistic way to manage the national finances. Any sane person knows our current path will lead to ruin. When you need to issue new debt in order to honor old debt, the end is in sight.

The multitude of insane responses to a financial crisis created by a few greedy psychopathic bankers will be looked upon by historians with contempt and scorn. Future generations will wonder “What were they thinking?” Trillions in wealth were vaporized due to the actions of a small secretive league of highly educated, egocentric psychopaths whose warped sense of morality led them to pillage the wealth of the nation through fraudulent financial products, bribing regulatory agencies, stabbing clients and competitors in the back, and peddling lies, propaganda and misinformation to the public through their captured media mouthpieces. Not only haven’t any predator bankers been thrown in jail, but these villains have grown their parasitic entities to enormous proportions while paying themselves obscene billion dollar bonuses. Jon Corzine stole $1.2 billion directly from the accounts of his customers to cover his gambling losses and he remains free to laze about in one of his five gated mansions. The largest banks on earth have been caught red handed forging mortgage documents, rigging LIBOR, front running the muppets with non-public economic information, insider dealing, and using their HFT supercomputers to manipulate the markets at their whim. Government spy agencies regularly use the U.S. Constitution like toilet paper while accumulating electronic dossiers on every citizen in the country. The rule of law does not exist for the ruling class.

Only in a world gone insane would we be celebrating Wall Street generating all-time high profits through the use of accounting fraud and Bernanke filling their coffers with trillions of interest free money while bilking senior citizens out of $400 billion per year of interest income through his dastardly ZIRP “save a Wall Street banker” scheme. Bernanke has stolen close to $2 trillion from the bank accounts of little old ladies since 2008 and given it to Jamie Dimon, Lloyd Blankfien and the rest of the Wall Street scumbags. While Wall Street and the crony capitalist mega-corporations report record profits, Main Street is left with 5 million less full-time jobs than they had in 2007 and a real unemployment rate exceeding 20%. While the government has insanely reported a recovering economy since mid-2009, the food stamp rolls have grown from 33 million to 47 million. The ruling class cheers the record highs in the stock market that overwhelmingly benefit the top .1% because they are the .1%. Meanwhile, the average schmuck out in the hinterlands is paying double the price they were paying for gas in 2009 and their everyday living costs are rising by greater than 5% annually. Luckily for the financial elite, the average American would rather watch Honey Boo Boo than try to understand the evilness of Federal Reserve created inflation. The economic recovery storyline is obliterated by the fact that real household income is still 9% below its 2008 peak and amazingly 8% below its 2000 level.

Since the 2009 low, the household net worth of the wealthiest 7% has grown by 28%, while the other 93% have seen their net worth decline by a further 4%. The profits accrue to those who run the show, buy the politicians, write the laws, command the media propaganda machine and control the currency. As a sane person in this insane world I’m flabbergasted that there is virtually no outrage at the perpetrators of these crimes against humanity. Americans have earned the moniker – ignorant masses. Bread and circuses have won the day in our declining empire. The oligarchs thank you.

The blame doesn’t rest solely on the shoulders of the evil men running the show. They have only done what we allowed them to do. From top to bottom our society has hopped on the crazy train. The lack of national morality, sense of civic duty, inter-generational responsibility, and willful ignorance regarding sensible financial policies has led us to a tipping point. Decades of feckless self-serving political leadership making entitlement promises they could never honor to win votes, combined with a parasitic financial class peddling debt to millions of witless, narcissistic, math challenged, materialistic morons, has left the country in debt up to its eyeballs with no escape other than cataclysmic default. Michael Lewis documents the bleeding out of our society in his recent book:

“The people who had the power in the society, and were charged with saving it from itself, had instead bled the society to death. The problem with police officers and firefighters isn’t a public sector problem; it isn’t a problem with government; it’s a problem with the entire society. It’s what happened on Wall Street in the run-up to the subprime crisis. It’s a problem of taking what they can, just because they can, without regard to the larger social consequences. It’s not just a coincidence that the debts of cities and states spun out of control at the same time as the debts of individual Americans. Alone in a dark room with a pile of money, Americans knew exactly what they wanted to do, from the top of the society to the bottom. They’d been conditioned to grab as much as they could, without thinking about the long-term consequences. Afterward, the people on Wall Street would privately bemoan the low morals of the American people who walked away from their subprime loans, and the American people would express outrage at the Wall Street people who paid themselves a fortune to design the bad loans.”Michael Lewis – Boomerang

The insanity of our debt accumulation in relation to our pathetic economic growth is clearly evident to even an Ivy League educated economist or a bubble headed CNBC anchorwoman. Since 1971 nominal GDP has grown by a factor of 14. Over this same time frame total credit market debt (household, corporate, government) has grown by a factor of 32. Real GDP (even using the fraudulent BLS manipulated CPI) has only expanded by a factor of 3.5 since 1971. The exponential growth model is clearly failing, with debt going hyperbolic, while GDP has stagnated.

us-debt-and-gdp

Since 2007 real GDP has gone up $500 billion while total credit market debt has gone up by $6 trillion. Only an insane society would allow itself to be convinced by the perpetrators of the financial crimes that collapsed our economic system that accelerating the level of debt in our system will resolve the dilemma of Too Big to Trust banker insolvency. Transferring the immense losses of greedy sham capitalist gambling addicts from their insolvent balance sheets onto the balance sheets of the taxpayer has allowed the criminals to retain and expand their wealth, while sovereign states shift the pain and suffering onto the backs of the sinking middle class. This is a worldwide phenomenon perpetuated by central bankers at the behest of their crony capitalist co-conspirators. They call it capitalism when the scams, dodges and swindles work and the profits accrue to the schemers. When the gamblers and extreme risk addicts roll craps they use their crony capitalist connections, bought with blood money, to socialize their losses. The game is rigged and your owners don’t care about your hopes and dreams or your children’s future. They care about their own wealth and lifestyles of luxury. When the richest 300 people in the world have a greater net worth than the poorest 3 billion people on earth, a sane person realizes a chaotic end of the existing social order beckons.

“All over the world people borrowed vast sums of money they could never repay. The honest toting up, and taking, of the losses is being delayed. There’s a reason for this. The bad debts are owed, largely, to big banks. The big banks (even bigger than they were at the start of this crisis) and the people who own them enjoy a wildly disproportionate amount of political influence. And so, even now, five years into this mess, we remain at the mercy of the failed financial institutions that sit at the center of our capitalism. Geithner & Bernanke, along with their European counterparts, are doing everything in their power to prevent banks from failing. But the effect of this new financial order is bizarre: capitalism for everyone but the capitalists. Ordinary workers remain fully exposed to the increasingly harsh collisions in the marketplace while the highest paid financial elites ride protected by a passenger airbag.” Michael Lewis – Boomerang

Clearly we’ve entered the final phase of our debt financed orgy of narcissistic materialism and self-absorbed avarice. The unsustainability of our course is a fact. Our society has gone mad en-masse but we are only recovering our sanity one by one. The global financial system is insolvent. A fractional reserve fiat money based system requires continuous growth or it collapses. The global banking system is overleveraged and real global growth is stagnant. Central bankers are not smart men. They have one response to every crisis – print!!! Bernanke and his fellow banker cronies are printing at hyper-speed in order to prop up the terminally ill mega-banks. Bernanke feigns confusion at the fact that his QE to infinity and ZIRP have only benefitted his banker puppet masters and the richest .1%, while further impoverishing senior citizen savers and the working middle class.

The anger at the true Wall Street malefactors manifested itself in the Tea Party movement and Occupy Wall Street movement, but both efforts were quickly hijacked by neo-con right wingers and socialist left wingers for their own ideological purposes. The existing social order continues to hold the reins of power, but their grip is growing precarious. The anger, dismay and resentment in the country simmer beneath the surface. The average person senses that all is not well, but most absurdly continue to believe the lies and propaganda spewed at them on a daily basis by the ruling class and their corporate media pawns. When the next shoe drops and billions of stock market and housing wealth are wiped out again, the national anger will sweep away the corrupt social order in a torrent of blood and retribution. Innocent and guilty alike will suffer the consequences. Michael Lewis is somewhat perplexed by the lack of outrage and violence so far.

“A lot has happened. And yet, given the provocation, it’s amazing how little has happened. No one on Wall Street has been shot, or even jailed – and the existing social order has not been seriously challenged. There’s a reason for this, too. The anger arising from the financial crisis finds no natural channel. In another era – an era before catastrophic experiments with radical socialism and nationalism – we would be watching market capitalism being displaced by something far uglier. But today there is no natural place for anger to flow, and so the anger flows haphazardly, like raindrops down a windowpane. The only political ideology that anger benefits these days is anarchy. From the point of view of those who enjoy political stability, it’s a stroke of luck that anarchists have no natural talent for organizing themselves. But how long will it take them to learn?”  Michael Lewis – Boomerang

Staying sane in a society gone mad is not easy. Millions of people believe themselves to be sane, but they have really just adapted to an insane society, so they appear sane within the warped paradigm of that insane society. The truly sane people appear to be insane in an insane society. It’s enough to drive a man crazy. The immense forces of normalcy bias and social inertia have led millions to refuse to understand the mathematical certainty of the coming collapse. The worldwide banking system is like a great white shark that needs to keep moving or it dies. Exponential growth and continuous credit expansion have been the essential ingredients to expanding the American empire, but the growth has stopped, while the debt keeps growing. Infinite growth on a finite planet is impossible. As natural resources deplete and become more expensive to obtain, while the planet’s population continues to grow, the fractional reserve banking system and the nation states who continue to pile up trillions in debt will suddenly suffer a catastrophic collapse. We are in the end stages of a confidence game. Your government will not give you warning. We need to come to our senses one by one, until there are enough sane people to tip the scales in our favor. I’ve concluded that I live in a dishonest, insane, intolerable world and consider it my duty to spread discontent among those I can reach. I’m a dangerous man in the eyes of our corporate fascist surveillance state. So be it.

“The most dangerous man, to any government, is the man who is able to think things out for himself without regard to the prevailing superstitions and taboos. Almost inevitably he comes to the conclusion that the government he lives under is dishonest, insane and intolerable, and so, if he is romantic, he tries to change it. And even if he is not romantic personally he is apt to spread discontent among those who are.”H.L. Mencken

In Part 2 of this article I will attempt to figure out why mass insanity has gripped the world and ponder what might happen when sanity returns.

Why The American Empire Was Destined To Collapse

In Uncategorized on March 20, 2012 at 6:11 pm

Oldspeak:“We are at our core a nation of hustlers; not recently, not sometimes, but always. Conventional wisdom has it that America was predicated on the republican desire to break free from monarchical tyranny, and that was certainly a factor in the War of Independence; but in practical terms, it came down to a drive for “more” — for individual accumulation of wealth. The dominant thinking on the left, is some variety of a “false consciousness” argument, that the elite have pulled the wool over the eyes of the vast majority of the population, and once the latter realizes that they’ve been had, they’ll rebel, they’ll move the country in a populist or democratic socialist direction. The problem I have with this is the evident fact that most Americans want the American Dream, not a different way of life—a Mercedes-Benz, as Janis Joplin once put it. Endless material wealth based on individual striving is the American ideal, and the desire to change that paradigm is practically nonexistent. Even the poor buy into this, which is why John Steinbeck once remarked that they regard themselves as “temporarily embarrassed millionaires.” Hence I would argue that nations get the governments they deserve; that the wool is the eyes.” –Morris Berman. In a totalitarian, consumption-fueled state, “the range of acceptable opinion inevitably shrinks”-Tony Judt. This shrinkage inevitably hastens the empire’s collapse. There is no discussion of of fairly viable and sustainable alternative systems (resource based, localization,) to the obviously failing monetary, infinite growth based and globalization-driven systems in corporate approved intellectual discourse. No threats to profit generation can be tolerated. Never mind the surely fatal and entirely avoidable consequences for our planet, our people, and all the living things that share our planet with us. We’ll poison the air, we’ll destroy the soil, contaminate the water, the three essential elements to our survival; in the perpetual quest for “more”.  These are the thought processes of our most dominant and influential ‘citizens’ -transnational corporations. And we flesh and blood people have internalized their self-exterminating values. How long will it be before they drive our ‘civilization’ into the ground? Our Id fueled economic model is unsustainable. We won’t be able to ignore our demise much longer.  “Profit Is Paramount”

Related Stories:

The Decline and Fall of the American Empire: Four Scenarios for the End of the American Century by 2025

The U.S. & The Five Stages Of Collapse

By Nomi Prins @ Alter Net:

Several years after the Wall Street-ignited crisis began, the nation’s top bank CEOs (who far out-accumulated their European and other international counterparts) continue to hobnob with the president at campaign dinners where each plate costs more than one out of four US households make in a year. Financial bigwigs lead their affluent lives, unaffected, unremorseful, and unindicted for wreaking havoc on the nation. Why? Because they won. They hustled better. They are living the American Dream.

This is not the American Dream that says if you work hard you can be more comfortable than your parents; but rather, if you connive well, game the rules, and rule the game, your take from others is unlimited. In this paradigm, human empathy, caring, compassion, and connection have been devalued from the get-go. This is the flaw in the entire premise of the American Dream: if we can have it all, it must by definition be at someone else’s expense.

In Why America Failed, noted historian and cultural critic Morris Berman’s brilliant, raw and unflinchingly accurate postmortem of America, he concludes that this hustling model, literally woven into the American DNA, doomed the country from the start, and led us inevitably to this dysfunctional point. It is not just the American Dream that has failed, but America itself, because the dream was a mistake in the first place. We are at our core a nation of hustlers; not recently, not sometimes, but always. Conventional wisdom has it that America was predicated on the republican desire to break free from monarchical tyranny, and that was certainly a factor in the War of Independence; but in practical terms, it came down to a drive for “more” — for individual accumulation of wealth.

So where does that leave us as a country? I caught up with Berman to find out.

Nomi Prins: Why America Failed is the third book in a trilogy you wrote on the decline of the American Empire. How did this trilogy evolve?

Morris Berman: The first book in the series, The Twilight of American Culture (2000), is a structural analysis, or internal comparison, of the contemporary US and the late Roman Empire. In it, I identified factors that were central to the fall of Rome and showed that they were present in the US today. I said that if we didn’t address these, we were doomed. I didn’t believe for a moment we would, of course, and now the results are obvious.

After 9/11, I realized that my comparison with Rome lacked one crucial component: like Rome, we were attacked from the outside. Dark Ages America (2006), the sequel to Twilight, is an analysis of US foreign policy and its relationship to domestic policy, once again arguing that there had to be a serious reevaluation of both if we were to arrest the disintegration of the nation. Of course, no such reevaluation took place, and we are now in huge economic trouble with no hope of recovery, and stuck in two wars in the Middle East that we cannot seem to win.

By the time I sat down to write the third volume, Why America Failed, I was past the point of issuing warnings. The book is basically a postmortem for a dying nation. The argument is that we failed for reasons that go back more than 400 years. As a result, the historical momentum to not undertake a reassessment, and just continue on with business as usual, is very powerful. At this point we can no more reverse our downward trajectory than we can turn around an aircraft carrier in a bathtub.

NP: So you’ve been analyzing America’s decline for over a decade. Was there a particular, specific inspiration for Why America Failed?

MB: I was originally inspired by the historian Walter McDougall (Freedom Just Around the Corner) and his argument about America being a nation of hustlers. The original working title was Capitalism and Its Discontents, the point being that those who dissented from the dominant ideology never had a chance. The crux of the problem remains the American Dream: even “progressives” see it as the solution — including, I have the impression, the Wall Street protesters — when it’s actually the problem.

In my essay collection, A Question of Values, I talk about how we are driven by a number of unconscious assumptions, including the notions of our being the “chosen people” and the availability of an endless frontier (once geographical, now economic and technological). For a while I had The Roots of American Failure as the title, but more to the point would be The Failure of American Roots — for even our success was a failure, because it was purely material. This is really what the American Dream is about, in its essence, as Douglas Dowd argued years ago in The Twisted Dream.

There is a story, probably apocryphal, of a Native American scouting expedition that came across the starving members of the Donner Party in 1847, who were snowbound in the Sierra Nevadas and resorted to cannibalism in order to survive. The expedition, which had never seen white people before, observed the Donner Party from a distance, then returned to base camp to report what they had seen. The report consisted of four words: “They eat each other.” Frankly, if I could summarize the argument of Why America Failed in a single phrase, this would be it. Unless Occupy Wall Street (or some other sociopolitical movement) manages to turn things around in a fundamental way, “They ate each other” will be our epitaph.

I should add that Why America Failed is actually part of a lineage, following the path initially staked out by Richard Hofstadter, C. Vann Woodward and Louis Hartz. Between 1948 and 1955 they all argued something similar; I just updated the argument.

NP: What do you say to people who don’t believe America has failed; who may just see the country as going through a bad patch, so to speak? What evidence have you compiled for the argument that the United States has failed?

MB: The major evidence is, of course, economic, and there is by now a slew of books showing that this time around recovery is not really possible and that we are going to be eclipsed by China or even Europe. These are books by very respected economists, I might add; and even a US Intelligence report of two yrs ago, “Global Trends 2025,” says pretty much the same thing, although it adds cultural and political decline into the mix. The statistics here are massive, but just consider a single one: in terms of collective wealth, the top 1 percent of the nation owns more than the bottom 90 percent. If we have a future, it’s that of a banana republic. And there will be no New Deal this time around to save us; just the opposite, in fact, as we are busy shredding any social safety net we once had.

NP: How does this relate to the rise of the Tea Party, or the Occupy Wall Street movement?

MB: Americans may be very vocal in claiming we’ll eventually recover, or that the US is still number-one, but I believe that on some level they know that this is whistling in the dark. They suspect their lives will get worse as time goes on, and that the lives of their children will be even worse than that. They feel the American Dream betrayed them, and this has left them bitter and resentful. The Wall Street protests are, as during the Depression, a demand for restoring the American Dream; for letting more people into it. The Tea Party seeks a solution in returning to original American principles of hustling, i.e. of a laissez-faire economy and society, in which the government plays an extremely small role. Thus they see Obama as a socialist, which is absurd; even FDR doesn’t fit that description. There are great differences between the two movements, of course, but both are grounded in a deep malaise, a fear that someone or something has absconded with America.

NP: Most political analysts place the blame for our current situation on major institutions, whether it is Wall Street, Congress, the Bush or Obama administrations, and so on. You agree with them to a great extent, but you also seem to place a lot of emphasis on the American people themselves—on individual values and behavior. Why is that? How do you see that as a factor?

MB: The dominant thinking on the left, I suppose, is some variety of a “false consciousness” argument, that the elite have pulled the wool over the eyes of the vast majority of the population, and once the latter realizes that they’ve been had, they’ll rebel, they’ll move the country in a populist or democratic socialist direction. The problem I have with this is the evident fact that most Americans want the American Dream, not a different way of life—a Mercedes-Benz, as Janis Joplin once put it. Endless material wealth based on individual striving is the American ideal, and the desire to change that paradigm is practically nonexistent. Even the poor buy into this, which is why John Steinbeck once remarked that they regard themselves as “temporarily embarrassed millionaires.” Hence I would argue that nations get the governments they deserve; that the wool is the eyes.

In addition, all of the data over the last 20 years show that Americans are not very bright, and not even the bright ones are very bright—it’s not merely a question of IQ. A Marist poll released on July 4, 2011 showed that 42 percent of American adults are unaware that the U.S. declared its independence in 1776, and this figure increases to 69 percent for the under-30 age group. Twenty-five percent of Americans don’t know from which country the United States seceded. A poll taken in the Oklahoma public school system turned up the fact that 77 percent of the students didn’t know who George Washington was, and the Texas Board of Education recently voted to include a unit on Estee Lauder in the history curriculum, when they don’t have one on the first president. Nearly 30 percent of the American population thinks the sun revolves around the earth or is unsure of which revolves around which. Etc. etc. How can such a population grasp a structural analysis of American history or politics? They simply aren’t capable of it.

NP: So, basically it’s only a matter of time before students are taking courses in the historical significance of Kim Kardashian? What are the deeper, structural obstacles, in your opinion, to the American public accepting your general argument?

MB: It seems to me that it would involve a complete reversal of consciousness. I remember after the publication of the German edition of Dark Ages America, a major Berlin newspaper, the TAZ, or Tageszeitung, ran a review of the book called “Hopes of a Patriot.” One of the things the reviewer said was that America might be able to save itself if it decided to pay attention to its more serious critics. What would it take for most Americans to regard someone like myself as a patriot, and someone like Dick Cheney as a traitor? Or Ronald Reagan as a simpleton who did the country enormous damage, and Jimmy Carter as a visionary who was trying to rescue it? As I said, this is not a matter of intelligence as IQ, because in America even the bright are brainwashed—just check out the New York Times. It’s more of an “ontological” problem, if you will.

Let me give you a concrete example. A friend of mine who is a dean at one of the nation’s major medical schools was very taken by my discussion of Joyce Appleby’s work, in my book Dark Ages America. He went out and bought her essay, “Capitalism and a New Social Order,” in which she describes how the definition of “virtue” underwent a complete reversal in the 1790s—from putting your private interests aside for the sake of the greater good, to achieving individual material success in an opportunistic environment.

As a dean, my friend interacts with faculty a lot, at department meetings, cocktail parties, or whatever. He took these opportunities to raise the topic of the rapid redefinition of virtue in colonial America, only to discover that within 30 seconds, the eyes of whomever he was talking to glazed over and they would change the subject. Tocqueville said it in 1831, and it is even more true today: Americans simply cannot tolerate, cannot even hear, fundamental critiques of America. IQ has very little to do with it. In an ontological sense, they simply cannot bear it. And if this is true for the “best and the brightest,” then what does this say for the rest of us?

NP: What do you think can be done to reverse the situation? Is there any hope for the American Dream?

MB: At this point, absolutely nothing can reverse the situation. If every American carries these values, then change would require a different people, a different country. In dialectical fashion, it is precisely those factors that made this nation materially great that are now working against us, and that thus need to be jettisoned. What we need now is a large-scale rejection of the American Dream, and an embracing of the alternative tradition I talk about in Why American Failed. These are the “hopes of a patriot,” and they are simply not going to be realized.

NP: Can you mention briefly what some of those alternative traditions are ? You have a chapter that’s attracted some controversy regarding the Civil War – how does that relate?

MB: As I mentioned earlier, the working title of the book was Capitalism and Its Discontents. The reason I liked it (for various reasons, my publisher didn’t) is that it does reflect the thesis of the book: that although there was always an alternative tradition to hustling, with one exception America never took it, and instead it marginalized those alternative voices. The exception was the antebellum South, which raises real questions as to the origins of the Civil War, which were not about slavery as a moral issue, no matter how much we like to believe that. As Robin Blackburn writes in his recent book, The American Crucible, antislavery ideas were far more about notions of progress than about ones of racial equality. That’s a whole other discussion, however, and I have it out in the book for an entire chapter.

But the main narrative here is that from Captain John Smith and the Puritan divines through Thoreau and Emerson to Lewis Mumford and Vance Packard and John Kenneth Galbraith to Jimmy Carter, this tradition of capitalism’s discontents never really stood a chance. It never amounted to anything more than spiritual exhortation. Reaganomics, also known as “greedism,” was not born in 1981; more like 1584. The result is that for more than four centuries now, America has had one value system, and it is finally showing itself to be extremely lopsided and self-destructive. Our political and cultural system never let fresh air in; it squelched the alternatives as quaint or feeble-minded. Appearances to the contrary, this is what “democracy” always meant in America—the freedom to become rich. The alternative tradition, in the work of the figures mentioned above, sought to question the definition of “wealth.” If the dominant culture was following the template of “they eat each other,” the alternative tradition can be encapsulated in that famous line from John Ruskin: “There is no wealth but life.”

NP: Speaking of wars, having just undergone Iraq and Afghanistan, the Obama administration, and actually the Republican candidates as well, have begun to vilify China, and have amped up the volume regarding Iran. You talk about our need as a country to have an external enemy. In what way do you believe that need will manifest itself in any coming military actions?

MB: I deal with this issue in A Question of Values. America was founded within a conceptual framework of being in opposition to something—the British and the Native Americans, to begin with—and it never abandoned that framework. It doesn’t really have a clear idea of what it is in a positive sense, and that has generated a kind of national neurosis. I mean, we were in real trouble when the Soviet Union collapsed; in terms of identity, we were completely adrift until the attacks of 9/11 (just think of how frivolous and meaningless the Clinton years were, in retrospect). War is our drug of choice, and without an enemy we enter a kind of nervous breakdown mode.

Hence the saber rattling against Iran now, or the foolish decision to set up an army base in Australia to “watch” China. What bothers me is that we are doing all of this unconsciously, and we always have. Mr. Obama, like most of his predecessors, is little more than a marionette on strings (Mr. Carter being the only postwar exception to this pattern, in a number of significant ways). Once again, true intelligence is ontological, and as a nation, we are sorely lacking in that department.

NP: But haven’t we heard all this before? After all, there is a long history of the so-called “declinist” argument, that the country is in permanent decline and has no future. Such books come and go; meanwhile, the country goes on. What makes your book, or books, different from previous assertions that “it’s all over”?

MB: Decline takes time; an empire doesn’t come to an end on August 4, A.D. 476, at two in the afternoon. Similarly, declinist analysis also takes time: the books you are referring to form a continuous argument, from Andrew Hacker’s The End of the American Era in 1970 to George Modelski’s Long Cycles in World Politics in 1987 to Why America Failed in 2011. And there have been a good number of declinist works in between. These books are not wrong; rather, they are part of an ongoing recognition that the American experiment is finished. Even then, we can go back to before Professor Hacker to Richard Hofstadter (1948), who called the US a “democracy of cupidity”; or to C. Vann Woodward (1953), who wrote that we were probably doomed because we had put all of our eggs in one ideological basket, namely laissez-faire economics. During these years the country hasn’t just “gone on”; what it has done is progressively fallen apart, and these writers have made it their business to document the process.

NP: Finally, you moved to Mexico a number of years ago. Is all this why? Do you ever see yourself coming back to America?

MB: There are a lot of answers to that question, and yes, some of the reasons can be found in the above dialogue. You know, the air is really “thin” in the United States, because the value-system is one-dimensional. It’s basically about economic and technological expansion, not much else; the “else” exists at the margins, if it exists at all. I first discovered this when I traveled around Europe in my mid-20s. I saw that the citizens of those countries talked about lots of things, not just about material success. Money is of course important to the citizens of other countries, Mexico included, but it’s not necessarily the center of their lives.

Here’s what the US lacks, which I believe Mexico has: community, friendship, appreciation of beauty, craftsmanship as opposed to obsessive technology, and—despite what you read in the American newspapers—huge graciousness; a large, beating heart. I never found very much of those things in the US; certainly, I never found much heart. American cities and suburbs have to be the most soulless places in the world. In a word, America has its priorities upside down, and after decades of living there, I was simply tired of being a stranger in a strange land. In A General Theory of Love, Thomas Lewis and his colleagues conclude that happiness is achieved only by those who manage to escape the American value-system. Well, the easiest way to escape from that value-system, is to escape from America.

Nomi Prins is a journalist and senior fellow at Demos. She is the author of Other People’s Money: The Corporate Mugging of America and Jacked: How “Conservatives” are Picking Your Pocket (Whether You Voted For Them or Not).