Nebs Does Doom
Feb. 19th, 2017 at 2:22 AM
~I keep reading endless numbers of articles and essays about how Trump became president. And none of the them really seem to get it. Chris Hughes comes close, but he seems to have lost his mind. Can't blame him really, as everyone is dancing around the elephant in the room; we are in fact already IN Collapse, eg, The System is in Terminal Failure.
We are in Late Stage Capitalism. What that means is as the profit margins get narrower, The Owners need to squeeze harder to extract said profits. This has been going for a few decades now, but for the general public, the 'balloon went up' with the Crash of '09, which was the direct result of The Big Squeeze. Wall Street et al created a Housing Bubble of insane proportions via all manner of shady and even illegal marketing and accounting games.
When the shit hit the fan, they got their political lackeys to use Tax Payer Money to 'reimburse' them for their loses and left said Tax Payers out to dry. Roughly 40% of the American Middle Class Wealth was lost. FORTY PERCENT. That meant eroded tax bases, gutted pension funds, wrecked state and municipal bond portfolios.
That is what Obama inherited. And, being the Corporatist he is, he bunted economically. The perfect example is the ACA [which originated with The Heritage Foundation, a very right wing think tank]. He'd promised a Public Option over and over and over again on the campaign trail. Withing a month of his Inauguration, it had vanished, forcing thirty million Americans into the clutches of the Insurance Industry. [see The Big Squeeze]
Eight years later, after more and more of that kind of betrayal from the Democrats and the insane slavering obstructionism of the GOP, the American Electorate had come to hate the establishments of both parties. And two Insurgent candidates emerged from outside of each party; Bernie and The Donald.
We all know what happened. The 'undisciplined' Dems suddenly became Very Disciplined and sandbagged Bernie. And the infamously disciplined GOP fielded a slate of total buffoons and got its clock cleaned.
Even then, Hillary should have won. She did in fact 'win' The Vote. But her ground game sucked so badly [arrogance], and the Dems had alienated so much of their own base [more arrogance], she lost four states by roughly 120K votes in total.
And that boys and girls, is how Collapse works. The System becomes so rotten that a Black Swan like The Donald can end up in the White House. [EDIT: 5/5/22 At this point I made some noise about 'The Deep State gaming The System in order to fix the problem and do a reset' but they turned out to be fuckin' gutless and did fuck all, while The Owners, those traitorous scum, got their $1.4 trillion tax cut and so didn't give a fuck]
But we are still in Late Stage Capitalism and Collapse is still underway and no one has any real idea what to do about that ...except, of course, More Of The Same, which is a well known definition of insanity.
Toss the now inevitable Catastrophic Climate Change into the mix and one can be certain that the next century or so is going to be 'very interesting times' indeed.
You can kill yourself now if you wish....
~I keep reading endless numbers of articles and essays about how Trump became president. And none of the them really seem to get it. Chris Hughes comes close, but he seems to have lost his mind. Can't blame him really, as everyone is dancing around the elephant in the room; we are in fact already IN Collapse, eg, The System is in Terminal Failure.
We are in Late Stage Capitalism. What that means is as the profit margins get narrower, The Owners need to squeeze harder to extract said profits. This has been going for a few decades now, but for the general public, the 'balloon went up' with the Crash of '09, which was the direct result of The Big Squeeze. Wall Street et al created a Housing Bubble of insane proportions via all manner of shady and even illegal marketing and accounting games.
When the shit hit the fan, they got their political lackeys to use Tax Payer Money to 'reimburse' them for their loses and left said Tax Payers out to dry. Roughly 40% of the American Middle Class Wealth was lost. FORTY PERCENT. That meant eroded tax bases, gutted pension funds, wrecked state and municipal bond portfolios.
That is what Obama inherited. And, being the Corporatist he is, he bunted economically. The perfect example is the ACA [which originated with The Heritage Foundation, a very right wing think tank]. He'd promised a Public Option over and over and over again on the campaign trail. Withing a month of his Inauguration, it had vanished, forcing thirty million Americans into the clutches of the Insurance Industry. [see The Big Squeeze]
Eight years later, after more and more of that kind of betrayal from the Democrats and the insane slavering obstructionism of the GOP, the American Electorate had come to hate the establishments of both parties. And two Insurgent candidates emerged from outside of each party; Bernie and The Donald.
We all know what happened. The 'undisciplined' Dems suddenly became Very Disciplined and sandbagged Bernie. And the infamously disciplined GOP fielded a slate of total buffoons and got its clock cleaned.
Even then, Hillary should have won. She did in fact 'win' The Vote. But her ground game sucked so badly [arrogance], and the Dems had alienated so much of their own base [more arrogance], she lost four states by roughly 120K votes in total.
And that boys and girls, is how Collapse works. The System becomes so rotten that a Black Swan like The Donald can end up in the White House. [EDIT: 5/5/22 At this point I made some noise about 'The Deep State gaming The System in order to fix the problem and do a reset' but they turned out to be fuckin' gutless and did fuck all, while The Owners, those traitorous scum, got their $1.4 trillion tax cut and so didn't give a fuck]
But we are still in Late Stage Capitalism and Collapse is still underway and no one has any real idea what to do about that ...except, of course, More Of The Same, which is a well known definition of insanity.
Toss the now inevitable Catastrophic Climate Change into the mix and one can be certain that the next century or so is going to be 'very interesting times' indeed.
You can kill yourself now if you wish....