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Page added on August 10, 2018

Ten Years After the Crash, We Are Still Living in the World It Brutally Remade

If you were standing in the smoldering ashes of 9/11 trying to peer into the future, you might have been overjoyed to discover this happy snapshot of 2018: There has been no subsequent major terrorist attack on America from Al Qaeda or its heirs. American troops are not committed en masse to any ground war. American workers are enjoying a blissful 4 percent unemployment rate. The investment class and humble 401(k) holders alike are beneficiaries of a rising GDP and booming stock market that, as measured by the Dow, is up some 250 percent since its September 10, 2001, close. The most admired person in America, according to Gallup, is the nation’s first African-American president, a man no one had heard of and a phenomenon no one could have imagined at the century’s dawn. Comedy, the one art whose currency is laughter, is the culture’s greatest growth industry. What’s not to like?

Plenty, as it turns out. The mood in America is arguably as dark as it has ever been in the modern era. The birthrate is at a record low, and the suicide rate is at a 30-year high; mass shootings and opioid overdoses are ubiquitous. In the aftermath of 9/11, the initial shock and horror soon gave way to a semblance of national unity in support of a president whose electoral legitimacy had been bitterly contested only a year earlier. Today’s America is instead marked by fear and despair more akin to what followed the crash of 1929, when unprecedented millions of Americans lost their jobs and homes after the implosion of businesses ranging in scale from big banks to family farms.

It’s not hard to pinpoint the dawn of this deep gloom: It arrived in September 2008, when the collapse of Lehman Brothers kicked off the Great Recession that proved to be a more lasting existential threat to America than the terrorist attack of seven Septembers earlier. The shadow it would cast is so dark that a decade later, even our current run of ostensible prosperity and peace does not mitigate the one conviction that still unites all Americans: Everything in the country is broken. Not just Washington, which failed to prevent the financial catastrophe and has done little to protect us from the next, but also race relations, health care, education, institutional religion, law enforcement, the physical infrastructure, the news media, the bedrock virtues of civility and community. Nearly everything has turned to crap, it seems, except Peak TV (for those who can afford it).

That loose civic concept known as the American Dream — initially popularized during the Great Depression by the historian James Truslow Adams in his Epic of America — has been shattered. No longer is lip service paid to the credo, however sentimental, that a vast country, for all its racial and sectarian divides, might somewhere in its DNA have a shared core of values that could pull it out of any mess. Dead and buried as well is the companion assumption that over the long term a rising economic tide would lift all Americans in equal measure. When that tide pulled back in 2008 to reveal the ruins underneath, the country got an indelible picture of just how much inequality had been banked by the top one percent over decades, how many false promises to the other 99 percent had been broken, and how many central American institutions, whether governmental, financial, or corporate, had betrayed the trust the public had placed in them. And when we went down, we took much of the West with us. The American Kool-Aid we’d exported since the Marshall Plan, that limitless faith in progress and profits, had been exposed as a cruel illusion.

Unlike 9/11, which prompted an orgy of recriminations and investigations, the Great Recession never yielded a reckoning that might have helped restore that faith. The Wall Street bandits escaped punishment, as did most of the banking houses where they thrived. Everyone else was stuck with the bill. Millennials, crippled by debt and bereft of Horatio Alger paths out of it, mock the traditional American tenet that each generation will be better off than the one before. At the other end of the actuarial spectrum, boomers have little confidence that they can scrape together the wherewithal needed to negotiate old age. The American workers in the middle have seen their wages remain stagnant as necessities like health care become unaffordable.

In the Digital Century, unlike the preceding American Century, the largest corporations are not admired as sources of jobs, can-do-ism, and tangible goods that might enrich and empower all. They’re seen instead as impenetrable black boxes where our most intimate personal secrets are bought and sold to further fatten a shadowy Über-class of obscene wealth and privilege trading behind velvet ropes in elite cryptocurrencies. Though only a tiny percentage of Americans are coal miners, many more Americans feel like coal miners in terms of their beleaguered financial status and future prospects. It’s a small imaginative leap to think of yourself as a serf in a society where Facebook owns and markets your face and Alphabet does the same with your language (the alphabet, literally) while paying bogus respects to the dying right to privacy.

It would be easy to blame the national mood all on Donald J. Trump, but that would be underrating its severity and overrating Trump’s role in creating it (as opposed to exacerbating it). Trump’s genius has been to exploit and weaponize the discontent that has been brewing over decades of globalization and technological upheaval. He did so in part by discarding the bedrock axiom of post–World War II American politics that anyone running for president must sparkle with the FDR-patented, chin-jutting optimism that helped propel John F. Kennedy and Ronald Reagan to the White House. Trump ran instead on the idea that America was, as his lingo would have it, a shithole country in desperate need of being made great again. “Sadly, the American Dream is dead,” he declared, glowering, on that fateful day in 2015 when he came down the Trump Tower escalator to announce his candidacy. He saw a market in merchandising pessimism as patriotism and cornered it. His diagnosis that the system was “rigged” was not wrong, but his ruse of “fixing” it has been to enrich himself, his family, and his coterie of grifters with the full collaboration of his party’s cynical and avaricious Establishment.

It’s hard to recall now how upbeat the American mood had been just a decade ago. The worst financial crisis since 1929 notwithstanding, the election of Barack Obama offered genuine hope, not just the branded version on his campaign poster. He would hire smart people to dig us out of the Wall Street greed and criminality that had victimized so many Americans. (Never mind that some of those smart people on the Obama financial team had cashed in their own chips in a private back room before the casino went bust.) He vowed to downsize the two wasteful wars on which his predecessor had squandered so much blood and treasure. His personal qualities as a committed husband and father, not to mention his unlikely rise from obscurity, would make him a role model to the young. The mere fact of his election would also suggest to many, my naïve white self included, that the country might somehow at long last be capable of rising above its original sin of slavery. Time summed up the national sentiment best in its cover story crowning him 2008 Person of the Year. Obama was “infusing our democracy with a new intensity of participation” and “showing the world and ourselves that our most cherished myth — the one about boundless opportunity — has plenty of juice left in it.” As he took office, polling found that “a strong majority of Americans believe he will accomplish most of what he aims to do.”

Boundless opportunity! A government that would accomplish its aims! What were we thinking? We all know what happened next: The opposition party, once again pandering to the racist base it has cultivated ever since Barry Goldwater ran against the Civil Rights Act of 1964, vowed to defeat the new president’s governance no matter what he did. Even so — and despite being thwarted by that partisan resistance, by the stubbornness of the downturn he had to reverse, and by his own unforced errors — Obama did succeed at leading America out of its economic crisis and largely extricating it from war. But he had to scale back his other aspirations, including immigration and financial reform. History will surely bless him for preventing a second Great Depression, among other achievements, including presiding over the most scandal-free White House in memory. But in real time, his presidency was still fairly young when some contemporaneous voters started moving on from Yes, We Can to No, We Can’t and/or No, We Won’t.

Obama didn’t cause that broken spirit any more than Trump did. It had been building all along — or can be seen to have been, depending on the lens through which you view modern American history. In the more salutary version of that story, the nation triumphed over the back-to-back cataclysms of depression and world war to flourish in a post-victory boom. In 1964, the perennial poll question measuring trust in “government in Washington to do what is right” reached a peak 76 percent. That number would decline as Americans were battered by the Vietnam quagmire, the political violence and assassinations of 1968, and Watergate. But eventually Reagan would “win” the Cold War and his salesmanship of the “shining city upon a hill” would vanquish memories of the Nixon White House’s criminality. The awesome record of LBJ’s civil-rights legislation would mask the less encouraging on-the-ground story of intractable racial conflict and second-class African-American citizenship in both the South and North.

But it’s an alternative narrative of this history — the less splashy and more insidious economic narrative of widening inequality, rather than the epic headline events of a History Channel documentary — that may have mattered most in landing us where we are now. As the historian Elaine Tyler May, a scholar of postwar America, has written, the Cold War boom solidified and projected to the world a “vision of middle-class affluence” that testified to “the benefits of the American capitalist system” over the Soviet alternative. Central to that vision was “the belief that free-market capitalism would benefit everyone” and that its fruits would be distributed equitably, “providing the good life to an ever-expanding middle class.” Even at this boom’s height, this egalitarianism was a myth as far as black Americans were concerned, but the white majority bought it: This bedrock belief in economic fairness “motivated white working-class and middle-class Americans to play by the rules.” The assumption was that the ownership class would play by them too.

In truth, that assumption had been an open question from the moment massive American fortunes started being built in the late-19th century’s Gilded Age. In Behold, America, a fascinating new look at “the entangled history” of “America First” and “the American Dream,” out this fall, Sarah Churchwell unearths a 1900 editorial in the New York Post fretting about how multimillionaires “are very rarely, if ever, content with a position of equality.” The paper hypothesized that “the American dream,” a term not yet in common parlance, could be ended by their greed. A similar 1908 editorial in the Leavenworth, Kansas, Times, again invoking “American dreams,” championed “the equitable distribution of wealth” while making pointed note of the vast discrepancy between the pay of an insurance-company executive and a headmaster: “Why do we accord highest place to money mongers and lowest place to teachers of ideals?”

Populist movements would ask similar questions through each American cycle of boom-and-bust, but to no lasting avail. While the Gilded Age tycoon J. P. Morgan posited that the ratio between a boss’s income and that of workers should be 20-1, today that ratio often exceeds 150-1. Yet, as May points out, in the postwar era, it was not until the free fall of 2008 that a wide public fully focused on the gap between the top one percent and everyone else. “Unlike the 9/11 attacks,” she writes, the catastrophic crash “was homegrown and had been brewing for many years.” But it took the Great Recession’s destruction “of what had been the markers of citizenship for more than half a century” — a secure job and home ownership — to make unmistakable to all “the end of the era of widespread prosperity that had characterized the United States in the early years of the Cold War.”

It was during the Great Recession that it also became clear how oblivious — or complicit — both major parties’ Establishments were when it came to heists by those at the top. To take just one example of this culture at work: In 2011, with much fanfare, President Obama convened a new jobs council, which, in a bipartisan gesture, he put in the charge of a prominent Republican CEO, Jeffrey Immelt of GE. No one in the Obama White House seemed to know or care, as the New York Times would soon report, that GE had laid off a fifth of its American workers since 2002 and, in 2010, had paid almost no federal taxes on $14.2 billion of profit. Immelt remained in place at the jobs council nonetheless. Unlike such frauds as Enron and its current copycat, Theranos, or the robber-baron enterprises of the more distant past, GE was one of the most widely admired American corporations, if not the most widely admired, for decades. Founded by Thomas Edison, it was one of the original dozen components of the Dow Jones industrial average at its inception in 1896. In the 1950s and early ’60s, GE’s image and Reagan’s were burnished in tandem when the future president hosted General Electric Theater on CBS. In the 1980s and ’90s, Immelt’s immediate predecessor, Jack Welch, was lionized as America’s wisest economic guru. Today, GE’s shareholders have been financially shafted along with its workers, and in June it was booted off the Dow. The record Immelt left behind as Obama’s job czar, it should be noted, is no more impressive than that as GE’s CEO: He accomplished nothing, at one point going for a full year without convening the council at all. But there has been no accountability for his failures in either the private or public spheres, let alone reparations.

Perhaps the sole upside to the 2008 crash was that it discredited the Establishment of both parties by exposing its decades-long collusion with a kleptocratic economic order. If the corporation that introduced the lightbulb was a sham ripping off its employees, shareholders, and consumers, not to mention America’s taxpayers, you had to wonder who at the top was not. The moral abdication of would-be liberal reformers, who failed to police such powerful economic actors, only added to the national disgust with elites. It’s that vacuum that created the opening for a master con man. Once in the White House, of course, Trump conducted the biggest spree of grand larceny ever carried out by the wealthiest sliver of the country in the name of “tax reform.” Everyone knows he is doing it except those among his base who dismiss all unwanted news as “fake news.” But it’s a measure of how much the country is broken that we just shrug with resignation when the wealthy Democratic Goldman Sachs alum Gary Cohn joins this administration to secure an obscene tax cut, then exits without apology to enjoy his further enrichment at the expense of the safety net for the country’s most vulnerable citizens.

Trump’s nationalistic right-wing populism, which scapegoats immigrants and minorities to deflect rage from Cohn and his fellow profiteers, is nothing new. As Churchwell tracks in Behold, America, the original America First movement of the 1920s and ’30s grew in tandem with the widening economic discrepancies of the time. She reminds us that the plutocratic villain of The Great Gatsby, Tom Buchanan, is a white supremacist prone to observations like “if we don’t look out the white race will be … utterly submerged” and “It’s up to us who are the dominant race to watch out or these other races will have control of things.” Up against such powerful one-percenters, the vision of limitless human potential implicit in Jay Gatsby’s innocent American Dream didn’t stand a chance. As Churchwell writes, “Between 1923 and 1929, 93 percent of the country experienced a drop in per capita income,” even as a rise in monopolies and mergers left “only two hundred large corporations in control of over half of American industry” and one percent of the population owning 40 percent of America’s wealth.

That hastening concentration of American economic power wasn’t fully understood by most Americans then, and neither was Gatsby, which was published to disappointing sales and reviews in 1925. It’s almost too exquisite an irony that just two years later, the budding real-estate developer Fred Trump would be arrested at a Ku Klux Klan riot in Queens, not far from Tom Buchanan’s home in Fitzgerald’s fictional Long Island enclave of East Egg. The rest is history inexorably leading America to this dark place where, nearly a century later, the green light at the end of Daisy’s dock is so distant it just may be in China.

NY Mag

69 Comments on "Ten Years After the Crash, We Are Still Living in the World It Brutally Remade"

onlooker on Fri, 10th Aug 2018 2:26 pm

Welcome to the world of exploding debt, funny money printing, downsizing and outsourcing, cooked books, the end of the cheap oil bonanza, ponzi scheme economics, the rich screwing everbody else, funds from taxes perpetually diverted to wars and bailing out the too big to fail. Say goodbye to prosperity for good

Jerome Purtzer on Fri, 10th Aug 2018 3:21 pm

Hey Onlooker, I think you got it exactly right. The Trumps of the world always forget that when the shit hits the fan that the first to go are the oligarchs and the people who serve them. Remember the French, the Russian and the Chinese revolutions to name a few. We are close to that point again.

makati1 on Fri, 10th Aug 2018 8:11 pm

I agree guys, on all counts. The only direction the Us can/will move is down. In all of history, I doubt that there has been such a fucked up country. No culture except borrow and spend. No morals. No intelligence. Excessive debt in every corner. A currency shrinking in purchasing power. And a citizenry so brainwashed that they have zero idea of the real world.

fmr-paultard on Fri, 10th Aug 2018 8:17 pm

aswang the real world where devastation by civil war and justice is served by a bullet? and territorial pact with muslims after their defeat? and we’re still waiting for 2nd civil war you kept telling us about. you belong in the mental ward

fmr-paultard on Fri, 10th Aug 2018 8:22 pm

oh btw, aswang. we’re still waiting for 2nd civil war and then muslims moved fighters from stronghold basilan over sea and land 200 miles! to mawari

fmr-paultard on Fri, 10th Aug 2018 8:31 pm

travel advisory
https://travel.state.gov/content/travel/en/traveladvisories/traveladvisories/philippines-travel-advisory.html

Outcast_Searcher on Fri, 10th Aug 2018 10:15 pm

Good old Makati, just making stuff up, while crying a song of doom.

US dollar (DXY) highest it’s been in the past year. Near 5, 10, and 20 year highs. Inflation has been VERY muted over the past decade. Where’s all the shrinkage you’re making up?

Employment well past “full employment” levels. Many businesses having trouble finding the workers they need.

With what you DON’T know about everything you endlessly jabber about, you’re in NO position to judge what Americans don’t know about the “real world”.

Hint: Your fantasies of economic doom aren’t it.

MASTERMIND on Fri, 10th Aug 2018 10:22 pm

Outcast

Every major monthly US government economic report – employment, GDP, inflation – is little more than a fraudulent propaganda tool used to distort reality for the dual purpose of supporting the political and monetary system – both of which are collapsing – and attempting to convince the public that the economy is in good shape.
https://imgur.com/a/pYxKa

This country is falling apart so fast I can’t believe what I am seeing..

Retail collapsing, Restaurants collapsing, Auto sales collapsing, Movie sales collapsing, wages flat, homelessness soaring, life expectancy declining, record income inequality, record drug deaths, record suicides, record alcohol deaths, record mass shootings, record school shootings, record low babies born, record heat and climate change, record hate groups/crimes, record young people at home, record debts government, student, corporate, consumer, etc..

makati1 on Fri, 10th Aug 2018 11:30 pm

Outcast, I just added you to my short list of brainwashed, retarded delusionalists. You seem to fit the bill perfectly.

makati1 on Fri, 10th Aug 2018 11:34 pm

MM, I consider your post to Outcast above to be spot on. I may consider debating with you again if you can refrain from immature putdowns.

My mind is just a sharp as yours no matter my age. I offer my opinions of the world as I see it. You can disagree or not. Your choice.

I am open to new ideas, but they must be well presented with some factual backup to be considered.

makati1 on Fri, 10th Aug 2018 11:48 pm

A perfect example of the narrow minded, delusional thinking of the typical American:

“In fact, when our situation is viewed critically and objectively, human beings now live like astronauts, totally cut off from the natural world, yet, at the same time, connected by a fragile umbilical cord to the corporate world.”

https://www.strategic-culture.org/news/2018/08/10/bunker-mentality-start-preparing-for-ecological-economic-disaster-free-corporate-overlords.html

That is NOT true of most humans. Ask any 3rd worlder if they are “cut off from the natural world” and they will laugh at you. They live in the “natural world” 24/7/365. Only deluded 1st worlders live “like astronauts”, or used to.

Those days are coming to an end and the 1st world is going to meet Mother Nature head on soon to their detriment. She doesn’t respect humans as different from rats. In fact, rats have the advantage in her future world. They can eat anything, including you.

makati1 on Fri, 10th Aug 2018 11:53 pm

Here are 10 of your Masters:

“These 10 companies control everything you buy”

Look at the chart on this site and you can see how you are controlled…

https://www.businessinsider.com/10-companies-control-the-food-industry-2016-9

”
Only 10 companies control almost every large food and beverage brand in the world.

These companies — Nestlé, PepsiCo, Coca-Cola, Unilever, Danone, General Mills, Kellogg’s, Mars, Associated British Foods, and Mondelez — each employ thousands and make billions of dollars in revenue every year.”

Cloggie on Sat, 11th Aug 2018 1:50 am

This country is falling apart so fast I can’t believe what I am seeing..

One reason only and it ain’t “peak oil”…

*** The US gearing back from first to third world status thanks to decades of mass immigration from the third world ***

1965, (((LBJ))) signing America’s suicide note:

http://immigrationtounitedstates.org/uploads/posts/2012-03/1331146904_president-lyndon-b.-johnson-signing-the-immigration-and-nationality-act-of-1965.png

Culprit: millimind’s tribe

http://www.kevinmacdonald.net/immigration.pdf

Cloggie on Sat, 11th Aug 2018 1:59 am

Demography is destiny:

https://documents1940.wordpress.com/2018/05/21/european-america-is-over/

MASTERMIND on Sat, 11th Aug 2018 2:21 am

clog

Since the 2008 ﬁnancial crash, the world has witnessed an unprecedented outbreak of social protest in every major continent. Beginning with the birth of the Occupy movement in the US and Western Europe, and the Arab Spring, the eruption of civil unrest has continued to wreak havoc unpredictably from Greece to Ukraine, from China to Thailand, from Brazil to Turkey, and beyond. In some regions, civil unrest has coalesced into the collapse of incumbent governments or even the eruption of a prolonged state of internecine warfare, as is happening in Iraq-Syria and Ukraine- Crimea.

Increasing public dissatisfaction with government is correlated with continued government difﬁculties in meeting public expectations. Yet while policymakers and media observers have raced to keep up with events, they have largely missed the deeper causes of this new age of unrest—the end of the age of cheap fossil fuels, and its multiplying consequences for economic growth, industrial food production, and the Earth’s climate stability.

N.M. Ahmed,
Failing States, Collapsing Systems,
Springer Energy, 2017

http://www.academia.edu/34816514/Failing_States_Collapsing_Systems_BioPhysical_Triggers_of_Political_Violence_SPRINGER_BRIEFS_IN_ENERGY_

MASTERMIND on Sat, 11th Aug 2018 2:24 am

Clogg

It has nothing to do with immigration..Almost half of us fortune 500 hundred companies were started by immigrants or children of immigrants..And 80 percent of America’s top high school science students are children of immigrants..And 1/3 of all american Nobel prize winners were immigrants..

Cloggie on Sat, 11th Aug 2018 2:28 am

Predictably with folks published by magazines with “New York” in the name, this author, Frank Rich, is a “New York Intellectual” as well.

Rich, Silverman, Pearle, Rubin, Safire, Goldman… all names suggesting material wealth, a major motivator for these people.

Rich paints a realistic and bleak picture of America, albeit through kosher glasses.

There has been no subsequent major terrorist attack on America from Al Qaeda or its heirs.

Indeed, as America was still recovering from the disaster that was Iraq and 9/11 the engineered “New Pearl Harbor”, as David Ray Griffin aptly called it, quoting from the core PNAC document, to enable the invasion in the first place.

2 x Pearl Harbor, 2 x engineered, both motivated to initiate c.q. expand the US empire.

[part 1]

Cloggie on Sat, 11th Aug 2018 2:28 am

Unlike 9/11, which prompted an orgy of recriminations and investigations

Sure, that’s Rich, Frank! As the “head” of the investigation Lee Hamilton revealed afterwards: the 9/11 commission was set up to fail:

https://www.youtube.com/watch?v=a0LBARGBupM

In reality the 9/11 report was written in advance by a swindler called (((Philip Zelikow))), who oversaw the entire operation.

https://en.wikipedia.org/wiki/Philip_D._Zelikow

as Zelikow noted in his own words, that “contemporary” history is “defined functionally by those critical people and events that go into forming the public’s presumptions about its immediate past. The idea of ‘public presumption’,” he explained, “is akin to William McNeill’s notion of ‘public myth’

Right, you can’t get it more cynical than this. People like Zelikow are those “critical people” who invent history and create public myths (German war guilt, holohoax, JFK-hit, Gulf of Tonkin, 9/11-19-Airabs-with-boxcutters).

[part 2]

makati1 on Sat, 11th Aug 2018 2:28 am

Cris Columbus was a latecomer… “Before Columbus: How Africans Brought Civilization to America”

“Contrary to popular belief, African American history did not start with slavery in the New World. An overwhelming body of new evidence is emerging which proves that Africans had frequently sailed across the Atlantic to the Americas, thousands of years before Columbus and indeed before Christ. The great ancient civilizations of Egypt and West Africa traveled to the Americas, contributing immensely to early American civilization by importing the art of pyramid building, political systems and religious practices as well as mathematics, writing and a sophisticated calendar.”

https://www.globalresearch.ca/before-columbus-how-africans-brought-civilization-to-america/5407584

“One of the first documented instances of Africans sailing and settling in the Americas were black Egyptians led by King Ramses III, during the 19th dynasty in 1292 BC. In fact, in 445 BC, the Greek historian Herodotus wrote of the Ancient Egyptian pharaohs’ great seafaring and navigational skills. Further concrete evidence, noted by Dr. Imhotep and largely ignored by Euro-centric archaeologists, includes “Egyptian artifacts found across North America from the Algonquin writings on the East Coast to the artifacts and Egyptian place names in the Grand Canyon.”

And you thought you knew American history. LOL

Cloggie on Sat, 11th Aug 2018 2:29 am

Since 1945, history is written by the Zelikow-bunch. There was no “orgy of investigations”, there was not even a single trial to attempt to establish why 3,000 people had to die. Not in the deep state interest. Hours after the first planes were telecrashed into the buildings, already (((Jerome Hauer))) appeared on television to explain that “most likely” bin Laden was behind it all, creating the “Islamic terrorism meme”, used as an excuse to attempt to expand the US empire to encompass all ME oil sources, including Iraq and Iran and as such lay the foundation for a 2nd American Century.

If you read Frank Rich in 2018, you can easily verify that he no longer believes it is going to happen.

Thank God.

[part 3]

Cloggie on Sat, 11th Aug 2018 2:31 am

Every American is an immigrant, you fool.

These prize winners were all white or Jew.

America is simply going down the drain and the center of gravity of human civilization is moving back to Eurasia, where it belongs.

Toodeledokie!

(Give us a call when you need help splitting the joint up)

MASTERMIND on Sat, 11th Aug 2018 2:37 am

Fox news is now talking about alien conspiracies in their “Science” section..

Astronaut claims he witnessed an ‘organic, alien-like’ creature but NASA is denying it

http://www.foxnews.com/science/2018/08/10/astronaut-claims-witnessed-organic-alien-like-creature-but-nasa-is-denying-it.html

You can’t make this stuff up..LOL

MASTERMIND on Sat, 11th Aug 2018 2:46 am

clogg

Immigrants going only one generation back..Not the very start where everyone was immigrants..

Almost half of Fortune 500 companies were founded by American immigrants or their children
https://www.brookings.edu/blog/the-avenue/2017/12/04/almost-half-of-fortune-500-companies-were-founded-by-american-immigrants-or-their-children/

MASTERMIND on Sat, 11th Aug 2018 2:48 am

Clogg

The entire OECD has virtually the same economies that are all headed for total collapse..They have been contracting for four decades now..

https://imgur.com/a/pYxKa

Cloggie on Sat, 11th Aug 2018 2:51 am

Immigrants going only one generation back..Not the very start where everyone was immigrants..

Almost half of Fortune 500 companies were founded by American immigrants or their children

Show me the pictures of those fortune-500 founders to verify you need sunglasses to look at the picture.

The reality is that below 20, whites are already a minority and that means that the US is en route (that’s Danish for “underway”) towards Mexico, Brasil and Nigeria status.

America, it was nice as long as it lasted.

Cloggie on Sat, 11th Aug 2018 4:46 am

Erdogan in NYT threatens to leave the western alliance:

http://www.spiegel.de/politik/ausland/tuerkei-erdogan-droht-usa-mit-ende-der-partnerschaft-a-1222711.html

Cloggie on Sat, 11th Aug 2018 5:03 am

Signs of breakup wherever you look. NFL-players “of color” refusing to pay respect to the national anthem. “The anthem is such white-Yankee thing, we’re not going to stand tall for THAT”, you hear them think.

Official reason: “millionairs against inequality” (I’m not making this up) and “police violence against blacks”, ignoring that blacks themselves are at least 10 times as murderous as whites and overrepresented in all crime statistics (except smart white collar crime).

Cloggie on Sat, 11th Aug 2018 5:14 am

Financial markets world-wide trembling in their boots after Erdogan unleashes ultimate weapon of mass-destruction:

“They have the dollar, we have Allah!”

Wham!

http://www.dailymail.co.uk/news/article-6047441/Turkeys-President-Erdogan-claims-currency-crisis-national-battle-against-economic-enemies.html

deadly on Sat, 11th Aug 2018 5:59 am

Who cares about the stupid rich? They don’t need anybody’s help. They’re on their own. If they don’t make it to tomorrow, too bad.

Donald Trump doesn’t care about you and never will.

G-E-C

Three musical notes you hear on NBC. Stand for General Electric Corporation.

J.P. Morgan help found GE. Edison didn’t have the money nor the smarts to do it alone.

GE is headed for a rough ride these days.

I sometimes wake up after a nap and I’m drooling. Too tired to even sleep. Get jolted out of bed with Charlie horses.

Then I fog a mirror just to make sure, have to do what has got to be done each day.

Davy on Sat, 11th Aug 2018 6:06 am

“They have the dollar, we have Allah!”….and European banks by the balls

Davy on Sat, 11th Aug 2018 6:10 am

“Signs of breakup wherever you look.”

In your fantasy world nederlander. You are on the internet way too much. Try getting outside and get some fresh air. GEEZE, what a loon. The US has had these issues ever since I can remember. Look globally for breakup and include your Eurotardland.

Cloggie on Sat, 11th Aug 2018 6:20 am

https://www.aa.com.tr/en/economy/turkeys-external-debt-stock-reaches-4532b-/1103634

“Turkey’s gross external debt stock stood at $453.2 billion, more than half of its gross domestic product (GDP) — 53.3 percent — at the end of December 2017, the Treasury announced Friday.”

53% GDP.lol

You worry about ever increasing US debt instead, batman.

“EU-defined general government debt stock was over $232 billion (877.9 billion liras), or 28.3 percent of GDP, at the end of December.”

28% public debt where you have more than 100% and rapidly increasing.

Davy on Sat, 11th Aug 2018 6:36 am

“You worry about ever increasing US debt instead, batman.”

AH, neder, you do realize Turkey is an EM so your comparison is a joke as usual? You are not very financially literate. You just look for big or small numbers then apply your agenda as condiment. What you get is a shit smell. Turkey survives on external financing with its debt load and deficits. Turkey played the greasing the wheel style Chavez game. Turkey is playing the big geopolitical game like Chavez did which is expensive. Erdogan is not completely rational and a gambler which is a bad combination. I would not rule out a win though in today’s crazy world. Long shots pay off handsomely. If Turkey does not blink then maybe China and Russia will step in with liquidity but remember Venezuela? How much good did they do there? Right. China and Russia together are Turkey’s biggest trading partner so it seems logical they will step in but how much and how long? This will still be a rude shock for Turkey and one many in Turkey will regret. Western oriented Turkish business which there are many may be left to wither and die. It is a geopolitical gamble and likely a Erdogan calculation for leaving Europe and Nato. Good riddance

deadly on Sat, 11th Aug 2018 7:00 am

The Turkshitshow is going to collapse and the Hagia Sophia will become the Eastern Orthodox Cathedral it once was. Raze the minerats circling the poor, abused cathedral for the past thousand years. Give them all the bum’s rush, dammit.

Those thieves have lived in Constantinople long enough.

Those knaves and fools can all be scattered to the four winds in a heartbeat.

One one hundred megaton nuclear device with some tritium in it capable of doing a marvelous job of extirpating the thousand year squatters would be justice served.

There they were, gone.

fmr-paultard on Sat, 11th Aug 2018 8:25 am

deadtard, yes i wish an full scale ISIS style battle in turkey too. for once you said something that i liked, most of the time you’re just some tard consuming alt-tard media and sucking up to aswang who ran away to some malaria infested place in phils which is also infested with muslims

makati1 on Sat, 11th Aug 2018 6:40 pm

“America is simply going down the drain and the center of gravity of human civilization is moving back to Eurasia, where it belongs.”

I agree, Cloggie. Totally.

MASTERMIND on Sat, 11th Aug 2018 7:08 pm

Clogg

No its not..The entire OECD is in the exact same shape and headed for collapse..

OECD GDP Per Capita
https://data.worldbank.org/indicator/NY.GDP.PCAP.KD.ZG?locati

duh on Sat, 11th Aug 2018 8:12 pm

We need more immigrants from the congo so they can start new companies and solve technological problems. They are just so smart it’s awesome.
MM do you know that there is an eternal darkness awaiting you?
Lying is the greatest sin.

DerHundistLos on Sun, 12th Aug 2018 1:17 am

Most people, regardless of political party, agree we must have control over our borders, and we must limit immigration. Additionally, we need a well managed work visa program that allows workers to cross the border to do their job and return home when the work is completed.

Cloggie on Sun, 12th Aug 2018 2:43 am

AH, neder, you do realize Turkey is an EM so your comparison is a joke as usual?

What’s an EM?

Anyway…

http://www.spiegel.de/wirtschaft/soziales/tuerkei-recep-tayyip-erdogan-fordert-tuerken-zu-lira-tausch-auf-a-1222739.html

In what was seen as a clear retaliation against Trump’s anti-Turkish trade measures, Erdogan called Putin, which could only be interpreted as a thinly veiled threat that Turkey could consider leaving the West and defect to SCO:

http://www.gmfus.org/blog/2017/07/14/turkeys-sco-ambitions-challenge-eu-and-united-states

In fact the EU post-Brexit should consider becoming a member of SCO as well. China and Russia won’t require Europe to become a third world country, much unlike the US deep state and UN.

The UN, that club of winners of WW2, should be replaced by a new Eurasian-based global round-table organisation, representing a truly identitarian, multi-polar world order a la Samuel Huntington, consisting of the white Christian world, China, India, Japan, Africa, Latin-America, world of Islam.

Optimal location: Astana, Kazakhstan, halfway China and Greater Europe (PBM), the two carrying pillars of that coming multi-polar world order.

Cloggie on Sun, 12th Aug 2018 2:53 am

Iron Silk Road:

http://www.inpraiseofchina.com/wp-content/uploads/2016/06/Map-China-New-Silk-Road-EAU.jpg

Astana halfway.

By 2025 at least one railway line could enable speeds of 320 kmh, reducing Eurasian travel time to 2 days (ship is 26 days). The significance of Anglo navies would have been reduced to nearly zero.

Cloggie on Sun, 12th Aug 2018 3:42 am

How economic growth (in the West) will come to a shrieking standstill.

Hint: it ain’t peak oil

http://www.spiegel.de/wirtschaft/soziales/kfw-deutschland-fehlen-fachkraefte-fuer-einen-bauboom-a-1222761.html

Authorization to build 653,000 new houses in Germany is in place. Yet, they won’t be build… because there is nobody to build them. The real collapse is demographic, causing leftist authorities to push for more immigration, increasing ethnic tensions in society and populist counter reactions.

Remedy: politically destroy the leftist 1968 legacy of cultural Marxists.

Yeah, you meathead:

https://vignette.wikia.nocookie.net/all-in-the-family-tv-show/images/c/c7/AllFamilyMeathead.jpg/revision/latest?cb=20121109202456

– Woman: main purpose in life is having children
– Man: main purpose in life is to provide and pay for it all
– Divorce: easy divorce abolished, like in 1950s. Return of the guilt principle. Purpose marriage is offspring, not guaranteed life-long exploitation of mutual genitals.

In order to get there, a major reduction in wealth is to be accepted, when women between 20-40 are going to be removed from the work force, after the anti-1968, anti-egalitarian pro-tribal counter revolution. Forget about that world trip, forget about a family car, forget even about a mortgage. Perhaps when you are 40+.

Davy on Sun, 12th Aug 2018 5:04 am

“What’s an EM?”
Emerging market “Anyway…”

“In what was seen as a clear retaliation against Trump’s anti-Turkish trade measures, Erdogan called Putin, which could only be interpreted as a thinly veiled threat that Turkey could consider leaving the West and defect to SCO:”
Erdogan is insane. He is dragging his country down for his own personal motives of perceived greatness and personal gain. Many Turks are buying his false nationalistic propaganda and the ones who don’t are marginalized or worse. The economy has been gutted by pork barreling the country cannot afford. Let him go to Putin. Putin will have another feather in his cap like Chavez was, Assad, and Iran. When you have fiends like that you need a big purse. These countries are broke and going nowhere. Turkey might be a political victory for Putin but What kind of asset?

“In fact the EU post-Brexit should consider becoming a member of SCO as well. China and Russia won’t require Europe to become a third world country, much unlike the US deep state and UN.”
LOL, what a numb nut. Europe has its own membership or did you forget that? Why would they want to mess with SCO?

“The UN, that club of winners of WW2, should be replaced by a new Eurasian-based global round-table organisation, representing a truly identitarian”
Lol, what a numb nut. Eurasia has no common stance and no identitarian tradition. The place is a mess and always will be. Too many people and too many differencing ideologies for a common organization.

Davy on Sun, 12th Aug 2018 5:12 am

“ – Woman: main purpose in life is having children – Man: main purpose in life is to provide and pay for it all– Divorce: easy divorce abolished, like in 1950s. Return of the guilt principle. Purpose marriage is offspring, not guaranteed life-long exploitation of mutual genitals. In order to get there, a major reduction in wealth is to be accepted, when women between 20-40 are going to be removed from the work force, after the anti-1968, anti-egalitarian pro-tribal counter revolution. Forget about that world trip, forget about a family car, forget even about a mortgage. Perhaps when you are 40+.”

The manifesto of a lonely isolated old white guy who preaches racism and hate daily. We are going to get back to different relationships among the sexes not because of white male pride of old men like you but because of a world coming apart will demand it. White old men like you will not last near as long in this new world. Young men and women of all colors will take over and old angry white guys like you will fade away quickly. What good are you? You are just a bad of shit taking up space. You are an insane ranting isolated old man that serve no purpose but spreading hate and discontent.

Antius on Sun, 12th Aug 2018 5:38 am

“The manifesto of a lonely isolated old white guy who preaches racism and hate daily”

Davy, these are the values that the western world lived by until 1968. Our world started turning into shit about the same time. People stopped having children. Happy marriage became less common. Mass immigration started. I don’t know about you, but I would like to live in a world that is normal again.

Women are getting a raw deal out of life at present. Whatever the Marxist ideologues thought they were doing with ‘gender equality’ it didn’t work.

http://www.nber.org/papers/w14969

Cloggie on Sun, 12th Aug 2018 6:08 am

“Eurasia has no common stance and no identitarian tradition. The place is a mess and always will be.”

Eurasia always has been identitarian, until ZOG-USSR and ZOG-USA came along. The USSR is history, thank God and the US grip on Europe receding. Eastern-Europe, Austria and Italy are now fully identitarian, France and Germany will be before 2025.

Oh wait…

https://cleantechnica.com/2018/08/12/china-x-cleantech-july/

China is using the Trump presidency for an rapprochement towards Europe:

“China and the EU signed a joint statement to emphasize and strengthen their work together on climate change and clean energy. This is a good thing, overall, but there’s likely also something going on beneath the surface worth noting. Ever since US President Donald Trump started alienating the world, China has gained a great opportunity to be seen and heard as the most reliable, mature, forward-looking non-EU superpower in the room. It has been taking the opportunity to step into that role, and this is most certainly another example of that. By the way, though, this does come on the back of the EU pushing China to step up to the plate as a colleague, not a “developing country”

Iran, climate change, clean energy and US planetary domination schemes (the fools now want GIs in space or whatever that intended “space force” may mean, like throwing bricks on the Kremlin every time some GI happens to circle over it or what?), automatically push Europe (including Russia) and China into each others arms and that is a good thing now that even DJT can’t resist the deep state, that pushes him into ever new sanctions and conflict in order to justify the existence of the MIC.

As I said before: an escalating conflict over Iran plus a hard Brexit could be sufficient to harden the battle lines between Eurasia and Anglosphere and lead to WW3, leading to the overthrow of the US deep state, reversing 1945, and to a limited extent even 1776 and the downfall of the [cough] “neocohns”.

MASTERMIND on Sun, 12th Aug 2018 6:25 am

Cloggie

Ever since the US peaked in 1970 the entire OECD has contracted every decade..

https://imgur.com/a/pYxKa

MASTERMIND on Sun, 12th Aug 2018 6:26 am

The Indiana Jones of collapsed cultures: Our Western civilization itself is a bubble -PBS

https://www.pbs.org/newshour/nation/indiana-jones-collapsed-cultures-western-civilization-bubble

Davy on Sun, 12th Aug 2018 6:41 am

What kind of values are in racism? It is one thing for society to embrace these logical values but quite a different story when it is a racist manifest of an old angry white guy preaching hate and resentment for selfish personal motives. I grew up in the 60’s and life was simplistic and local. Families were more solid. I prefer that way but with motives that are honest and fair.

Antius on Sun, 12th Aug 2018 6:42 am

Neocons, or ‘Neocohens’? Ha ha 🙂

Ten Years After the Crash, We Are Still Living in the World It Brutally Remade

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