Today, September 23, 2011, at 9:04 am, Greenwich Mean Time, Earth's axis of rotation was perpendicular to the line connecting the center of the Sun to the center of the Earth; thus, autumn began at that moment.
Meanwhile, down here on the surface of Spaceship Earth, that marvelous blue and white orb which has been infested with a particularly maladapted and hugely destructive species for a tiny fraction of its total existence (and the Earth still has about 5 billion years to go before the Sun begins its fatal expansion to a red giant and incinerates this place once and for all, thus assuring that for probably the last 99.99% of its existence, the Earth will be blessedly human-free), the arguments currently are about how various forms of paper counters of wealth are in conflict with each other, and the various games that can be played to make a given country's money seem as if it is worth more than the paper it is written on. The United States, which long ago gave up productive enterprise in favor of devoting itself to just such paper-manipulating games as the exclusive means of not only maintaining one's vital heat, but of expanding the mansion out in the Hamptons and stocking the garage with several high-number-model Mercedes Benzes, has decided, this time around, to use its central bank, the Federal Reserve, as a means of controlling "long term interest rates."
It will accomplish this ruse by Operation Twist. In this game of make-believe, the Federal Reserve will use part of its stock of Treasury debt by which the Treasury "owes" money to the Federal Reserve, to the tune of about $400 billion, to purchase longer-dated Treasury "debt" in the 6 to 30 year range. The Fed owns about $1.2 trillion of Treasury "debt" (it is the largest "creditor" of the Treasury in the world, and it "purchased" all of these bills and bonds by conjuring the money out of thin air, or, if you prefer, by pulling the money out of its ass). The Fed will "sell" $400 billion of shorter-duration bonds to "raise the money" to "purchase" the longer-dated stuff. The Fed will then pretend to "receive" coupon payments from the Treasury (by making data entries on its computers noting the creation of money representing the payments) and then will use part of this "money" to pay the Fed's operating expenses (this is one of the Fed's sources of "revenue"), and promptly remit the "balance" of the money to the Treasury which it just received from the Treasury.
Once the Fed's big decision was announced, the Dow Jones immediately fell 400 points. A reasonable person might opine that all of this talk about the hallucinatory essence of the American money system might cause rational people to believe that the whole economic situation is too ludicrous to be part of, that one must flee it in favor of something more substantial and real, like a cave and an acre of tomato plants. In such thinking one would be incorrect. Wall Street was freaked out because the Federal Reserve was not hallucinatory enough. Operation Twist simply takes previously hallucinated money and transforms it into long-dated Treasury bonds. The "Quantitative Easing" episodes, by contrast, conjured substantial amounts of new "money" on the Fed's computer, over $2 trillion worth, and most of this money found its way into the rarefied atmosphere of the Titans of Wall Street, to speculate and play dumb big money games with.
However, this time around the Federal Reserve, intimidated by certain know-nothing governors who threatened, in essence, vigilante justice if the Chairman should venture into "money printing" again, kept things on the down-low. Well, hell, that's not going to work. You can't actually expect the American economy to prosper on its own merits. That's not how we do things around here. It's why we liked that magical period between about 1998 and 2006. Money just sort of happened. People got rich while watching "The Weakest Link," chugging a Budweiser and filling out a re-fi form. That's more like it!
How we gonna stay rich if Chairman Ben starts bogarting the punch bowl? This is unnatural. It's damn near unAmerican, as I have come to understand the term.
September 23, 2011
As the world twists
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September 17, 2011
Katch-22 in Kandahar
"To summarize: our invasion and occupation is what enables the Taliban to recruit massive numbers of Afghan teenagers into their cause. And now, we have to stay until we either kill all the people who hate us and want us gone from their country orpropagandizederadicalize them into meekly accepting our presence. Once there are no more Afghans left who want us gone, then we can leave. For those of you who have been cynically claiming that this war has no discernible purpose other than the generalized benefits of Endless War for political officials and the Security State industry, now you know." -Glenn Greenwald, summarizing a Washington Post article on current plans for de-radicalization of Afghan youth.
Yossarian didn't know whether he believed in reincarnation or not; he just knew he wanted to stay alive, and if Eastern mysticism did the trick, that was good enough for him. Even if it meant that instead of being a B-25 navigator based on Pianosa during World War II, he was now a grunt in America's seemingly endless war in Afghanistan.
"Think I'll ever get back to New Jersey?" he asked Doc Daneeka, as they sat on a couple of canvas chairs in front of the medical tent.
"It depends," said Doc Daneeka.
"Depends on what?" said Yossarian.
"On whether you survive this war," said Doc Daneeka.
"Interesting you should say that," said Yossarian. "I've been thinking of ways I could get out of this war and get back to New Jersey. At last. And one of those ideas involves you."
"I'm not surprised," said Doc Daneeka. "Although I think you'll find New Jersey is not quite the garden spot you remember from 1942."
"I can't even figure out why we're fighting this war. Or why I'm here. Every day, the Taliban try to kill me."
"They're trying to kill everybody," grunted Doc Daneeka. "Don't think of yourself as so special."
"So why do you think we stay here?" asked Yossarian.
"Because they want us to leave," said Doc Daneeka. "As long as they want us to leave, we have to stay."
Yossarian nodded, sensing what was coming.
Doc Daneeka went on: "If they want us to leave, it means they're not ready for democracy and we have to stay."
"Until they're ready for democracy?" asked Yossarian, taking a shot.
"No, until they ask us to stay. When they ask us to stay, it means they're ready for us to leave."
"So if they ask us to stay, we know we can leave," said Yossarian, half to himself, filling in the blanks.
"Right," said Doc Daneeka. "They'll never be ready for democracy. Not even we are crazy enough to wait for that. Meanwhile, the war must go on, and we must keep killing them until they ask us to stay."
"Doesn't it seem unlikely that they'll ever ask us to stay if we keep on killing them?" asked Yossarian.
"It's only unlikely until we kill all the ones who want us to leave and only those who want us to stay are left," said Doc Daneeka, staring straight ahead as he took a swig from his beer bottle.
"But if we keep killing all the ones who want us to leave, won't that just make the ones who want us to stay angry about our killing all the ones who want us to leave, and then the ones who want us to stay will want us to leave, but we can't leave then because they want us to?" Yossarian took a deep breath, exhausted by articulating this fine web of logic.
"That's right," said Doc Daneeka. "As long as we keep killing all the ones who want us to leave, we'll keep turning the Aghans who want us to stay into Aghans who want us to leave, so we have to stay and keep killing those same Afghans until there are only Afghans who want us to stay."
"Then we can leave," said Yossarian.
"Right," said Doc Daneeka. "Or until there are no more Afghans at all."
"Can they have a democracy with no people?" asked Yossarian.
"Probably not," admitted Doc Daneeka.
"It's Catch-22 all over again," said Yossarian.
"Some things never change," said Doc Daneeka. "Especially in war."
"So about that Section 8," said Yossarian.
"Same problem as last time. The war's crazy, you aren't. I can't Section 8 you out of a war you think is crazy to fight when it's a war that's crazy to fight. Sorry."
"If I thought it was sane to fight this crazy war, would I be crazy enough for you to say I was insane and didn't have to fight?" asked Yossarian.
"Maybe, but not in this life."
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September 14, 2011
The fish weren't biting anyway
Enough of a break for now. I feel that I'm missing out on opportunities to chime in on this Rick Perry "Ponzi scheme" "controversy," and that's intolerable, given the close, quasi-symbiotic relationship which has always (okay, almost never) existed between the Perry Campaign and Waldenswimmer (which is to say, they quoted me at length once; think about it: there will probably come a day when I can say that I was quoted by the campaign of the President of the United States of America. Awesome.)
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11:23:00 AM
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September 06, 2011
Forgot to Go Fishing
Time for the annual summer break, now that summer is almost over. Since I've never been entirely clear on why I do this, it's doubly nuts to write the blog when I can't think of anything I want to say. There isn't really much "news" these days anyway; all industrialized nations are financially strapped and drowning in unpayble debt; we're not doing much about climate change; we're still operating at the 1.5 Earths rate in terms of resource depletion; the United States is still fighting about six (6) wars, give or take an unmanned drone or two. Big Business still owns the federal government.
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August 31, 2011
Agnotology and future developments
Not to belabor these religious matters, but the inability of anyone from a skeptical viewpoint ever to close the difference between hermself and the community of believers is instructive in other areas as well. I was thinking, in particular, about the reflexive habit of Christians to refer to the Bible as proof of the Bible, and, in general, to the primacy of strong feeling over a more austere, scientific approach.
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10:50:00 AM
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August 29, 2011
Richard Heinberg's The End of Growth
I've been reading Richard Heinberg's latest book, The End of Growth, which follows up where his book Peak Everything left off. Increasingly, it seems to me that we've turned a corner in our economic reality. Whereas before the arguments were monopolized, on the one hand, by the liberal Keynesians, who contended the path to growth, and thus full employment, was a robust participation by the federal government through spending to take up the slack in private demand; and on the other, by the Austrians and other "conservatives" who are convinced that government is the problem, and that big public debts are the precursors to runaway inflation, the "Deep Economics" of people like Heinberg (building on seminal work by Herman Daly and his Steady State Economics of the 1970's, along with all the brilliant books by Barry Commoner, which analyzed the thermodynamics of our energy predicament), Heinberg et al. proceed as if there is a physical environment involved in economic reality. Pretty wild, huh? I think so too.
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August 21, 2011
Will the State of the Union be delivered in tongues?
I note with a growing sense of detached bemusement that Gov. Rick Perry of the Lone Star State is strenuously creating as much daylight as possible between any perception of himself as a "rational former Democrat" (which he once was, when he served as Al Gore's campaign organizer in Texas) and his new incarnation, that of a dumbed-down, anti-intellectual, global-warming-denying, Creationist know-nothing. "God is how we got here," he assured a crowd of the Republican Ultra-Orthodox recently.
It's amazing that this stuff works in America, in 2011, at least 250 years after the Enlightenment, 150 years after The Origin of Species, over a hundred years after the Special Theory of Relativity, despite the amazing discoveries of modern cosmology. "Evolution has some holes in it," Governor Rick lamented. It may have been covered in one of the 9 classes he got a D in at Texas A&M, but nevertheless, Perry has a powerful sense that we're not monkeys, even if our physiology is about 99% identical. Makes you wonder if the Creator just ran out of ideas, and started tweaking existing models a tiny bit rather than building from scratch.
In response to the nice comment on the last blog - I write about Christianity and religion because I know more about it. I was raised in a Fundamentalist Christian church, heavily indoctrinated for 18 years or so till I escaped to Heathenland (Berkeley). Thus, I am intimately familiar with the double binds and circular logic used to demonstrate that there is no escape from God's Truth: the very act of resisting one's "salvation" was prophesied and predicted by Scripture. Further, the Bible is inerrant (proved by Scripture itself, which says it is), and thus if the Bible declares that the act of resisting salvation is further proof of the truth of the Bible, because the Bible predicted that man would resist the truth and be unable to see it, then the Bible has confirmed itself through the very act of any man's renunciation.
I always suspect that when word play is used to prove Actual Things, then we are dealing with something fundamentally Not Real. Bertrand Russell was particularly adept at puncturing such sophistry, as when he dealt with the notion of First Cause. An argument for Creation is that nothing can exist without a cause; the Universe exists, thus it has a cause. That cause, rationally, is God, an intelligent force who put things together just as Rick Perry says He did. Russell, however, refusing to play along with this easy syllogism, then asked the question: then who created God? The answer given by the faithful is that God "just always was." To which Bertrand responded that the same exact answer could then be given for the Universe, or the materials out of which the Universe was made: the Universe just always was, and did not need a cause.
Neither of these "theories" is necessarily true, of course. I don't think Bertrand Russell was attempting to elaborate a theory of cosmology; he was simply demonstrating that if all you want to do is play word games, you can't really "prove" anything. You can only demonstrate that such a mode of argument, free of any empirical proof or investigation, can prove nothing. You cannot "trap" an agile mind into belief in God. Maybe it's possible that the materials present at the Big Bang did not exist a nanosecond before and "quantum fluxed" into existence out of nothing. Who's to say what went on in such Singularities billions of years ago and under such exotic, incomprehensible conditions? I think the only honest answer to Leibnitz's question, why is there something instead of nothing?, is this: Ya got me.
But here in the Enchanted United States, in this demon-haunted land, we're carrying on as if the Enlightenment never happened. I took the time to further my education on "charismatic Christianity," which apparently received new impetus around 1962 and has since become quite the In Thing, Christ-wise. It's from the Greek "charismata," meaning gifts, and refers to the Pentecostal practices of glossolalia (speaking in tongues), prophesy, healing by laying on of hands, and working miracles. Those seem to be the Big Four, and you have to admit that's quite a skill set. Whether it indicates a visitation from the Holy Spirit or not, it could definitely land you a nice gig in Vegas. I suppose the old line Fundamentalists were simply wondering why the Pentecostals should have all the fun and muscled in on spouting gibberish and various other signs and wonders.
Thus, if a "second baptism," this one of the spirit and administered directly by the Holy Ghost rather than a preacher in a trout fishing get-up, should visit the head of a believer, maybe Rick Perry himself, then the sky's the limit, and Presidential addresses might be given in a language sounding vaguely like a cross between the Aramaic of "The Passion of the Christ" and Mandarin Chinese. I certainly hope so. The straight-ahead versions have been intolerable for years.
That's only if the "modern Charismatics" are right. Another set of Christian believers, called the "Cessationists," believe the gifts were only bestowed during Apostolic times. That strikes me as a cop-out; if that's true, what was Jimmy Swaggart mumbling about on cable TV? The Cessationists would have you believe he was faking. A bum rap. My money's on the Neo-Pentecostals and their ilk, but the "controversy" is indicative of the one truly fun thing about these various camps and their "belief systems." Once you decide to part company with rationality and empiricism, jettisoning the whole scientific enterprise which has brought mankind to such truly astounding discoveries and insights about the nature of the universe, and to simply dabble in mythology and what amounts to modern sorcery, then you can make this stuff up by the metric ton. While informing those not quite so taken with all this lunacy that they simply lack the "gift" of understanding what is so obviously true.
Hope it is true, in a way. At the rate we're going, we could use some homemade miracles.
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10:05:00 AM
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Labels: American Decadence