Saturday, July 11, 2020

BEWARE Competitive Self-Destruction

Given a tree, a horse, and enough rope, today's sheeple know what to do, without assistance from anyone...

My blogging has become far less frequent as I have come to realize that the sheeple don't want facts, they seek opinions. More specifically, they want opinions that override facts. I have neither the will nor ability to compete for mind share on that basis.

"Go placidly amid the noise and the haste, and remember what peace there may be in silence...whether or not it is clear to you, no doubt the universe is unfolding as it should"
- Desiderata

The alt-right today blames the Deep State for imploding Trumptopia. Trump's latest reality game show was going so well, before it got hijacked by D.C. bureaucrats. Sadly, history will not agree with that asinine version of events. This latest incarnation of MAGA - not to be confused with Reagan's MAGA, or Bush Jr's - was merely the last arrogant fantasy.

Fortunately for the GOP, the Democrats are working harder than ever to get Trump re-elected. If they could only shut down CNN and MSNBC for four months, the Dems would have a cakewalk. These toxic culture wars are turning this election into a real contest. This amount of forced change is suicidal ahead of an election. In 1968, the riots and protests got Nixon elected. The same will happen today, if this keeps up. 

Moving past these two incompetent political parties, neither the culture-warrior left nor the Idiocratic right determines elections. The center does, at the last minute. Which means that social mood is large and in charge. Which way will the wind blow ahead of the election? Who knows. It will come down to a combination of the imploding economy, the exploding stock market, and of course the current level of rioting and looting. The more the better as far as Trump is concerned.

All of which means that today's much beloved opinions are worthless crap. Both Maddow and Hannity are preaching to their converted. Everyone else is avoiding those two rivers of continuous bullshit like the plague. When you have million dollar media pundits explaining away reality to their devoted fan base, you get the sort of fantastical divergences in opinion we are seeing now.

Most people don't give a damn about freedom. They want to be told how to live their lives, or better yet just copy other idiots. Given more range of choice and most people will make bad decisions - particularly around their health and wealth.

Globalization is disintegrating in real-time, and yet thanks to record monetary euthanasia, the masses haven't take notice. At any other time in history, the current set of headlines would strike profound fear in the hearts of sheeple. Today's masses are are too stoned on monetary euthanasia to notice. 

History will say that the Coronavirus pole axed an aging corporate society which was boxed in by a lifetime of bad choices. Climate change was not fixed by flaccid climate conferences, it was fixed by too many Big Macs. Mother Nature pulled a punch and the corporate Idiocracy blinked. Today's youth have decided that 2020 will not be the year of celibacy and so they are refusing to flatten the curve while the beaches beckon. Mother Nature wins again. 

According to the law of unintended consequences and arrogant bullshit, given enough opportunity and Trump's entire corrupt platform will explode spectacularly with no help from anyone else. His de-regulation of the Energy industry has now officially bankrupted Big Oil. Long before Coronavirus, U.S. over-production had removed any and all pricing power from the oil market. Turning it into a global land grab for market share. Now of course, all of these insolvent companies must continue over-producing merely to stay alive a few weeks longer. The fact that collapsed oil prices have not led to a commensurate decline in supply is a "feature" that most of today's EconoDunces have not factored into their coconuts and bananas textbook models. When one company continues over-producing to stave off bankruptcy, the strategy can work, when they all continue over-producing, they all implode. 

Got irony?

However it's financial de-regulation that will be the end of this corrupt Idiocracy. For those who are just joining us, we have seen this same cycle repeat over and over again these past few decades - each time with more fraud and corruption. And yet each time with fewer consequences for those responsible for managing the pump and dump.

History will say that MAGA was the endgame for widely embraced corruption.

"Sheila Bair, who served as chairman of the Federal Deposit Insurance Corporation during the financial crisis, told CNBC that she believes the changes are “ill-advised” because “that $40 billion that will no longer be in banks to protect them” will expose the government to more risk."