Showing posts with label poverty. Show all posts
Showing posts with label poverty. Show all posts

Monday, February 27, 2012

Define Gradual Adjustment

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Shell shocked doesn’t quite convey what we felt last week when we filled up with gas here and the price per gallon jumped 35 cents in two days. We spoke to others filling their tanks and they were all dazed and angry as well. Our only difference is we saw this coming even before Obama was elected.

Then came the fun-filled trip to the store (we go to a variety of them here and all had similar results), where we witnessed a 20% jump in overall grocery prices in one week. We looked at each other and said, “How are we going to survive this?” Yep, we’ve put away some food, but with hubby losing his job recently and still looking, we have not had funds to prepare the way we know we need too. We are just getting by barely as the majority of Americans are. And like most of America, we are very, very worried.

Take a good look at what you are buying. For instance, my entire life we have bought 5 pound packages of sugar. Now, the bag is reduced to 4 pounds for the same price. Look at the astronomical increase in the price of coffee as well. Just staggering. And if you are weak of heart, don’t go near the meat counter. To get a package of rib eye this week, the price was a whopping $41.25. Cass Sunstein is that you?

Obama in 2008 – those were the days huh? They don’t come back evidently.

In 2008, Obama swore he would get us off that evil foreign oil. Looks like he’s doing just that – he’s just not replacing it with anything we can use. But he is giving millions to his crony capitalist buddies in the green industries. Green is the new red, don’t cha know… As for me and mine, drill, baby drill! And now!!

From Buzz Feed – Obama’s 2008 Gas Ads:

Two Videos - View on NoisyRoom

Good frickin’ times. How’s that Hope and Change crap working out for everyone? Gas is now$6 a gallon in Tampa, Florida and that’s not just Premium – it’s $5.89 a gallon for Regular. It’s $5 a gallon in Los Angeles. Giddy up baby, cause we haven’t even gotten started yet. With war coming in the Middle East that will no doubt engulf the globe, prices will rise even more. Obama will not allow drilling on American soil and that will raise prices more again. In fact, what he is doing is guaranteed to cause a collapse down the road and that is just what he wants. They blame it all on speculation – I blame it on Marxism and wealth redistribution.

Want more? Our water prices are about to triple due to a crumbling water distribution system. That’s an additional $900 a year in water bills on top of gas prices and the massive food inflation that the government claims doesn’t exist.

But wait, there’s more! Credit card debt in the US is now at toxic levels. With unemployment in reality being closer to 22% in the US (don’t believe the fluffy numbers the government pushes), people are turning to whatever they can to survive the 2012 American Depression. They’ve got nothing more to lose and to feed their families they will use and are using every bit of credit left to them. This debt in most cases will never be repaid.

MyFoxDC:

(New York Post) – More American households are falling back into the debt hole, this time without the safety net of home values to help bail them out, the New York Post reported Sunday.

Last year, total US consumer debt reached its highest point in a decade, according to a credit card industry observer.

And:

The trend — month to month, quarter to quarter and year to year — is rising steeply.

“Consumer credit increased at an annual rate of 7.5 percent in the fourth quarter. Revolving credit increased at an annual rate of 4.5 percent, and non-revolving credit increased 9 percent in December,” the Fed wrote in a note along with the latest monthly report, which also reviewed 2011.

These numbers, Dvorkin warns, mean that many middle-class Americans are taking big risks.

In a weak economy with high unemployment, Dvorkin noted, many people with big card balances become vulnerable to financial catastrophe.

Ya think? We join the world in being broke and out of miracles – it’s all in the family now.

So, I’d like to ask President Obama… Define gradual adjustment. You planned all of this to bring us to our knees and destroy the America we all know and love. Well done and you are almost at Mission Accomplished. All you need is one more emergency and WWIII will do nicely. It looks like Obama’s ‘gradual adjustment’ more closely resembles a hockey stick graph.

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By: Terresa Monroe-Hamilton  -  the NoisyRoom

Friday, February 13, 2009

Poverty of Imagination

Venturing out each day into this land of strip malls, freeways, office parks, and McHousing pods, one can’t help but be impressed at how America looks the same as it did a few years ago, while seemingly overnight we have become another country. All the old mechanisms that enabled our way of life are broken, especially endless revolving credit, at every level, from household to business to the banks to the U.S. Treasury.

Peak energy has combined with the diminishing returns of over-investments in complexity to pull the “kill switch” on our vaunted “way of life” — the set of arrangements that we won’t apologize for or negotiate. So, the big question before the nation is: do we try to re-start the whole smoking, creaking hopeless, futureless machine? Or do we start behaving differently?

The attempted re-start of revolving debt consumerism is an exercise in futility. We’ve reached the limit of being able to create additional debt at any level without causing further damage, additional distortions, and new perversities of economy (and of society, too). We can’t raise credit card ceilings for people with no ability make monthly payments. We can’t promote more mortgages for people with no income. We can’t crank up a home-building industry with our massive inventory of unsold, and over-priced houses built in the wrong places. We can’t ramp back up the blue light special shopping fiesta. We can’t return to the heyday of Happy Motoring, no matter how many bridges we fix or how many additional ring highways we build around our already-overblown and over-sprawled metroplexes. Mostly, we can’t return to the now-complete “growth” cycle of “economic expansion.” We’re done with all that. History is done with our doing that, for now.

So far — after two weeks in office — the Obama team seems bent on a campaign to sustain the unsustainable at all costs, to attempt to do all the impossible things listed above. Mr. Obama is not the only one, of course, who is invoking the quest for renewed “growth.” This is a tragic error in collective thinking. What we really face is a comprehensive contraction in our activities, especially the scale of our activities, and the pressing need to readjust the systems of everyday life to a level of decreased complexity.

For instance, the myth that we can become “energy independent” and yet remain car-dependent is absurd. In terms of liquid fuels, we’re simply trapped. We import two-thirds of the oil we use and there is absolutely no chance that drill-drill-drilling (or any other scheme) will change that. The public and our leaders cannot face the reality of this. The great wish for “alternative” liquid fuels (bio fuels, algae excreta) will never be anything more than a wish at the scales required, and the parallel wish to keep all our cars running by other means — hydrogen fuel cells, electric motors — is equally idle and foolish. We cannot face the mandate of reality, which is to do everything possible to make our living places walkable, and connect them with public transit. The stimulus bills in congress clearly illustrate our failure to understand the situation.

The attempt to restart “consumerism” will be equally disappointing. It was a manifestation of the short peak energy decades of history, and now that we’re past peak energy, it’s over. That seventy percent of the economy is over, especially the part that allowed people to buy stuff with no money. From now on people will have to buy stuff with money they earn and save, and they will be buying a lot less stuff. For a while, a lot of stuff will circulate through the yard sales and Craigslist, and some resourceful people will get busy fixing broken stuff that still has value. But the other infrastructure of shopping is toast, especially the malls, the strip malls, the real estate investment trusts that own it all, many of the banks that lent money to the REITs, the chain-stores and chain eateries, of course, and, alas, the non-chain mom-and-pop boutiques in these highway-oriented venues.

Washington is evidently seized by panic right now. I don’t know anyone who works in the White House, but I must suppose that they have learned in two weeks that these systems are absolutely tanking, that the previous way of life that everybody was so set on not apologizing for has reached the end of the line. We seem to be learning a new and interesting lesson: that even a team that promises change is actually petrified of too much change, especially change that they can’t really control.

The argument about “change” during the election was sufficiently vague that no one was really challenged to articulate a future that wasn’t, materially, more-of-the-same. I suppose the Obama team may have thought they would only administer it differently than the Bush team — but basically life in the USA would continue being about all those trips to the mall, and the cubicle jobs to support that, and the family safaris to visit Grandma in Lansing, and the vacations at Sea World, and Skipper’s $20,000 college loan, and Dad’s yearly junket to Las Vegas, and refinancing the house, and rolling over this loan and that loan... and that has all led to a very dead end in a dark place.

If this nation wants to survive without an intense political convulsion, there’s a lot we can do, but none of it is being voiced in any corner of Washington at this time. We have to get off of petro-agriculture and grow our food locally, at a smaller scale, with more people working on it and fewer machines. This is an enormous project, which implies change in everything from property allocation to farming methods to new social relations. But if we don’t focus on it right away, a lot of Americans will end up starving, and rather soon. We have to rebuild the railroad system in the U.S., and electrify it, and make it every bit as good as the system we once had that was the envy of the world. If we don’t get started on this right away, we’re screwed. We will have tremendous trouble moving people and goods around this continent-sized nation. We have to reactivate our small towns and cities because the metroplexes are going to fail at their current scale of operation. We have to prepare for manufacturing at a much smaller (and local) scale than the scale represented by General Motors.

The political theater of the moment in Washington is not focused on any of this, but on the illusion that we can find new ways of keeping the old ways going. Many observers have noted lately how passive the American public is in the face of their dreadful accelerating losses. It’s a tragic mistake to tell them that they can have it all back again. We’ll see a striking illustration of “phase change” as the public mood goes from cow-like incomprehension to grizzly bear-like rage. Not only will they discover the impossibility of getting back to where they were, but they will see the panicked actions of Washington drive what remains of our capital resources down a rat hole.

A consensus is firming up on each side of the “stimulus” question, largely along party lines — simply those who are for it and those who are against it, mostly by degrees. Nobody in either party — including supposed independents such as Bernie Sanders or John McCain, not to mention President Obama — has a position for directing public resources and effort at any of the things I mentioned above: future food security, future travel-and-transport security, or the future security of livable, walkable dwelling places based on local networks of economic interdependency. This striking poverty of imagination may lead to change that will tear the nation to pieces.

Regards,
James Howard Kunstler

Parting Shot...

Some of you may be familiar with Neil Lori of Maverick Freedom. Neil sends these thoughts in his latest missive…

“On the domestic front I think Dmitry Orlov and Jim Kunstler are two of the clearest thinking [and] common sense writers of this time period.  The Obama Nation is about to do what I detest which is build more Roads Roads Roads when in reality we need the 3 T’s (trains, tracks and trolleys) at breakneck speed. 

“Kunstler is right on about food: we need it local and less mechanized (more hand labor).  So let us put on our work jeans, tee shirts, belts hats and gloves to do some real work.  Ditch the couch, tv and computer.  Obama’s highway construction is money down the “rat hole” (drain). 

“Geez I thought Obama had a high IQ, but his biggest failure is that he thinks inside the box and is a bit too much of a conformist who wants to keep the economy the way it has been most of his and our lives!!!!!!!!!”

He continues later…

“We need local farms, local factories and local economies.  The global village is for idiots.  No more globaloney.  Buy Amercian. Grow American.  Make it in America.”

I would venture to say that the things you eat and use will be fabricated or grown not just within the nation, but very, very near to where you live. No more trucking meat and vegetables from industrial mega-farms on the other side of the continent, and a lot fewer doodads from China.

Some of you Shooters may take issue with anyone trying to direct us toward this outcome, and I don’t blame you. I would take issue with any bureaucratic direction myself.

It’s the market, however, that will be directing these changes. Business as usual for the past couple hundred years has been a result of an energy boom and state meddling. Both are on the wane.

Regards,
Gary Gibson
Managing Editor, Whiskey & Gunpowder