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Yesterday’s Tomorrowland

Yesterday’s Tomorrowland America takes pause on a big holiday weekend requiring little in the way of real devotions beyond the barbeque deck with two profoundly stupid movie entertainments that epitomize our estrangement from the troubles of the present day. First there’s Mad Max: Fury Road, which depicts the collapse of civilization as a monster car rally. […]

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Muskular Magic

Muskular Magic   Elon Musk, Silicon Valley’s poster-boy genius replacement for the late Steve Jobs, rolled out his PowerWall battery last week with Star Wars style fanfare, doing his bit to promote and support the delusional thinking that grips a nation unable to escape the toils of techno-grandiosity. The main delusion: that we can “solve” […]

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Money Worries

Money Worries   The cynicism among the informed classes has never been so deep. Even the pompom boys in the cheerleading clubs like CNBC and The Wall Street Journal express wonderment at the levitation of stock indexes and bond values. They chatter about a “correction” of 20 percent being a healthful tonic that would clear away some […]

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Peak oil, ten or so years on

Peak oil, ten or so years on This blog began seven years and almost a thousand posts ago, and I thought it a good time to take stock. Since the blog itself was inspired by the “peak oil” movement, and since it’s been ten years, by some measures, since the peak, I wanted to assess […]

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Change They Don’t Believe In

Change They Don’t Believe In   The unfortunate consequence of not allowing the process of “creative destruction” to occur in banking and Big Business is that the historic forces behind it will seek expression elsewhere in the realm of politics and governance. The desperate antics of central banks to cover up financial failure can’t help […]

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The School of Globalism

The School of Globalism “…we may be headed into a world where capital is abundant, deflationary pressures are substantial and demand could be in short supply for quite some time.” —Lawrence Summers, former Secretary of the Treasury Professor Summers must be reading Ben Bernanke’s new blog. Or maybe he’s writing it for walking-around money. At […]

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The Way Out

The Way Out It’s not what most people think: a return to some hypothetical “normality,” with the ghost of Ronnie Reagan beaming down like a sun-god under his lopsided pompadour, and all the happy self-driving GM cars toodling back and forth from WalMart-to-home loaded to the scuppers with new electric pop-tart warmers and 3-D underwear […]

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truthinesslessness

truthinesslessness Nothing is stable, nothing is straightforward, everything is fixed, and nothing is fixed. O nation of busboys and WalMart greeters, awake and sing! Can an empire founder on sheer credulousness? After last Friday’s jobs report, I think so. For a culture that luxuriates in statistical analysis (and the false idea that if you measure […]

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Heroes and Villains

Heroes and Villains The poet W.B. Yeats was right in 1919 when he said the center cannot hold, as if, following the first great industrial slaughter of modern times, he discovered the lethal vacuum at the center of modernity itself. There was a lot to be nervous about after the First World War. And right […]

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Apocalypse Now and Forever

Apocalypse Now and Forever As a political psychoanalyst I find the Super-bowl halftime show the best concise index of how psychotic American culture is becoming from year to year, and the 2015 version signaled a complete break from reality, a nightmare of twerking robots in a hall of mirrors, as if America had utterly surrendered […]

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The Broken Template

The Broken Template The more detached from reality American culture becomes the more strictly ceremonial leadership gets, as illustrated by the raft of bromides Barack Obama floated past the assembled vassalage of government last week in another grand effort to avoid the necessities of the moment. Those necessities include freeing a hostage public from the […]

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The Trigger | KUNSTLER

The Trigger | KUNSTLER.   The futility of politics in America these days has driven the public into exactly the dream-state of zombie blood-lust depicted in so many popular video fantasies, a nightmare of decay, powerlessness, and degeneracy matching the actual condition of a disintegrating polity that has lost collective consciousness and seeks only to […]

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Buy the All Time High | KUNSTLER

Buy the All Time High | KUNSTLER. Wall Street is only one of several financial roach motels in what has become a giant slum of a global economy. Notional “money” scuttles in for safety and nourishment, but may never get out alive. Tom Friedman of The New York Times really put one over on the soft-headed American […]

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The Fate of the Turtle | KUNSTLER

The Fate of the Turtle | KUNSTLER. Anybody truly interested in government, and therefore politics, should be cognizant above all that ours have already entered systemic failure. The management of societal affairs is on an arc to become more inept and ineffectual, no matter how either of the current major parties pretends to control things. […]

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Signs and Wonders | KUNSTLER

Signs and Wonders | KUNSTLER. “Holy smokes,” Janet Yellen must have barked last week when Japan stepped up to plug the liquidity hole left by the US Federal Reserve’s final taper trot to the zero finish line of Quantitative Easing 3. The gallant samurai Haruhiko Kuroda of Japan’s central bank announced that his grateful nation […]

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Olduvai IV: Courage
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Olduvai II: Exodus
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