Debt Rattle September 14 2020

 

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  • #63222

    Edvard Munch Love and pain 1895   • “A Harris Administration Together With Joe Biden” (AZC) • America’s Color Revolution (Paul Craig Roberts) • B
    [See the full post at: Debt Rattle September 14 2020]

    #63223
    V. Arnold
    Participant

    Someone asked me if I had plans for the fall; it took me a moment to realize they meant “autum”, not the collapse of civilization…

    LOL hilarious!
    …not to mention, spot on…

    Edvard Munch Love and pain 1895

    Interesting, many things implied, but little revealed; actually a lot reavealed depending on where your imagination takes you; a wild ride with no stop signs…

    #63224

    That painting somehow has also become known as The Vampire. Not Munch’s doing.

    #63225
    V. Arnold
    Participant

    That painting somehow has also become known as The Vampire. Not Munch’s doing.

    Sure. Not surprised…
    …that’s why I posted:…a wild ride with no stop signs

    For many, too many, reality is a giant cinescope projection screen…
    …and the insanity, ongoing, matches all of the distorted projections being offered 24/7/365…
    Long live the matrix…the cosmic ghost of the moment………….

    #63227
    zerosum
    Participant

    The devil/lies are in the details
    “Specifically, it would pay a price for a drug that matches the lowest price paid among wealthy foreign governments. “
    —–
    Quote:
    There is no proof of wrong doing – Biden

    Lawyers and accountants enablers wrote the clauses in the laws
    Politicians made the laws.
    Politicians follow the laws

    #63229
    sumac.carol
    Participant

    V.Arnold -I wonder now if concrete specific comments are even worth making anymore -we are so far gone. Your high-level observations seem to be right for the time, and beautiful to read.
    Off to grab more grapes…

    #63230
    zerosum
    Participant

    circle of life
    Too much water – Sally – flooding
    Not enough water – West Coast – burning
    Disruptor – C19 – Plans
    ——
    From the day we arrive on the planet
    And blinking, step into the sun
    There’s more to be seen than can ever be seen
    More to do than can ever be done

    Some say eat or be eaten
    Some say live and let live
    But all are agreed as they join the stampede
    You should never take more than you give

    In the circle of life, it’s the wheel of fortune
    It’s the leap of faith, it’s the band of hope
    Till we find our place on the path unwinding
    In the circle, the circle of life

    Some of us fall by the wayside
    And some of us soar to the stars
    And some of us sail through our troubles
    And some have to live with the scars

    There’s far too much to take in here
    More to find than can ever be found
    But the sun rolling high through the sapphire sky
    Keeps great and small on the endless round

    #63233
    Susmarie108
    Participant

    @V.arnold: always appreciate your riff on the art posted here. “A wild ride with no stop signs” captures your experience of this piece, and it is very cool. The artist’s title – Love and Pain sets up the intense contrast in color. The layered, rich blue colors – in the man’s clothing and in the background – create an “aura” as they envelop the couple. The sienna and red orange hair falls in a web-like spray framing the interaction. The couple’s embrace and the shapes it creates – the square “nest” where his head comes to rest, and the woman’s arm being the strongest element and the placement of the lightest white/cream/peach lights. For me the embrace is the focus of this piece. The appearance of sunrise/sunset colors on the left side create an energetic opening. Is Love blue and pain red/sienna or is Love red/sienna and pain blue?

    Too bad the vampire WORDS were applied to this piece (by the artist’s friend). With the addition of that framing you go in a whole different direction. Interesting how that works…as we know.

    #63234
    Susmarie108
    Participant

    @zerosum: a very moving piece. Thank you for sharing. Assuming it is your original creation?

    #63235
    zerosum
    Participant

    it’s happening again! ….. lying

    ” oversampling – including more Democrats and left-leaning independents than Republicans and right-leaning independents in surveys in order to make it appear as though a candidate is doing better than they actually are.”

    #63236
    zerosum
    Participant

    Susmarie108

    Below the dashes, is the song “Circle of Life” by Elton John
    ( I assumed everyone knew it and did not give proper credit.
    I thought that it was appropriate.)

    #63239
    dermotmoconnor
    Participant

    Retrospective Bigotteering is catchy, but is a repackaging of ‘Presentism’ (another ‘ism’, haha!!!)
    Tim O Neill (taking down the execrable ‘Swerve’ book, in an analysis that is beyond the comprehension of the enlightened youngsters:

    http://armariummagnus.blogspot.com/2013/01/stephen-greenblatt-swerve-how-world.html

    QUOTE:

    The “Whig interpretation” of Butterfield’s title was summed up in his essay as “studying the past for the sake of the present” as opposed to “trying to understand the past for the sake of the past” (Butterfield p. 13). Butterfield criticised most of the English historians of the Nineteenth and early Twentieth Centuries for a blatant tendency toward “dividing the world into the friends and enemies of progress”. Anything that historians like Macauley and Acton saw as moving toward things of which they approved (liberalism, Protestantism, democracy, industry, “progress”) was judged as “good” and written of approvingly. Anything that could be seen or painted as not doing so was judged as “bad” and its agents or proponents became the villains of the historian’s story. At the heart of the Whig interpretation was the historiographical fallacy of “Presentism”: the idea that what we have now is (mostly) good and wise and intelligent and all of the past has been a stumbling and wandering path progressing towards our wonderful and oooh-so-right present.

    This presentist perspective lent itself nicely to some other ideas many Nineteenth and early Twentieth Century historians (and many current popular history writers) rather liked. The idea of history being propelled by a series of “revolutions” and “rebirths”, where stagnant or retrograde tendencies are swept aside by a sudden wave of brilliant new developments was one. And the “Great Man” was another – the idea of a single, titanic intellect or personality who, by his sheer brilliance, changes everything largely by being “before his time” and therefore a force dragging the stupid sluggards of the past toward the glorious, sunlit uplands of the present (eg Galileo, Newton, Darwin).

    Butterfield elegantly critiqued these ideas, arguing that they don’t actually illuminate history but, rather, completely distort it. He wrote:

    The total result of this method is to impose a certain form upon the whole historical story, and to produce a scheme of general history which is bound to converge beautifully on the present – all demonstrating throughout the ages the workings of an obvious principle of progress, of which the Protestants and whigs have been the perennial allies while Catholics and tories have perpetually formed obstruction. (Butterfield, p. 11)

    #63241
    John Day
    Participant

    Thanks Everybody, and I mean “Everybody” for the last 5 posts and comments.
    I’ve just spent a couple of hours catching up.
    The novel-coronavirus seems to have been established in the US and in Europe before it was discovered in Wuhan last December.
    It could well have come from Wuhan, or as well from Ft Detrick, Maryland, or other national bioweapons labs.
    The patterns are tht 90% of infections are not represented by test results, meaning they are mildly symptomatic or asymptomatic, and we know that those predominate in younger people without comorbidities like diabetes, hypertension and obesity.
    Populations have been getting sampled in various ways, like blood donors, and some rural free-testing weekend events, but the results are mostly not revealed.
    College football is big in the US, and big in Texas. UT, Austin had it’s first football game of the season, hosting under 15% of stadium capacity. They required UT students to be tested for COVID, before being issued a ticket. Over 1000 submitted to testing, and about 9/5% tested positive.
    https://www.texastribune.org/2020/09/13/university-texas-coronavirus-college-football-longhorns/
    I presume they had little to no symptoms. UT Austin is a large university, and many students are “attending” remotely this fall, but this is a high rate of positives in those attending in person. I have heard from a friend at UT Student Health that there are a lot of positives. I have asked her if she can find out if this was rapid-testing (she can ask some of the students who had it, and got referred to Student Health, perhaps) or PCR nasal swab. The rapid testing has few “false positives”. so it’s mainly infectious people who test positive.
    We sort of know that the virus has been permeating the 18-39 year old group in the southwest US this summer. This is kind of a slice of that. All the students who got over it, already, would not show positive, especially if a rapid antigen-test was used. (Dr.B. just said “rapid test” was used)
    What are the implications of almost 10% of a sample of college students in Austin Texas having the novel coronavirus on one particular day, when they didn’t really feel sick?
    My mind is going down a lot of rat-mazes with that question.
    In Austin, we have seen a tiny, tiny dribble of positive tests over the past 6 weeks or so. Testing fell off, and the percent positive rate on tests in Austin continues to fall, though it’s a little over 8% for Texas as a whole. There is lots of mask-wearing and compliance in Austin, especially among the educated working class here.
    Most of these students don’t come from Austin. They are probably fairly representative of Texas and smarter than average.
    They want to attend a college football game in person (something I never did, or felt like doing at UT)
    They might be a little more extraverted than average, but college football is completely normal here.
    Did they get more sun, more vitamin-D this summer? I suspect they were average in sun exposure.
    About 9.5% of Texas college students, from all across the state, in a sample of about 1200, at the start of the fall semester tested positive for novel coronavirus on one day.
    I’ll take that as roughly representative of young adults across Texas last week.
    I’m just going to say that I think the virus has completely pervaded Texas, if that sample is anywhere close to representative, and I don’t see how it can be very far off.
    Sure, there are people who have not yet been exposed, but I think this means that most people are getting exposed at some level every week, if not most days.
    Texas may just continue to see a tapering of positive test results, hospital admissions and deaths, going towards Halloween. If this is the case, then almost nobody will be scared of the “No-mask-costume”. https://www.texastribune.org/series/coronavirus-texas-cases-san-antonio/
    I’m not changing anything I am doing. I’m masking in public buildings, wearing PPE at the clinic, and taking 5000 units of vitamin-D daily. I’m just watching this with a whole lot of interest.
    Dr Fauci says it’s going to be a long, tough winter of holing up. Does he think so? Is he just telling us that? Is that the plan for us to follow? Who benefits? Who suffers?
    What’re you going dressed-as this Halloween?

    #63242
    Dr. D
    Participant

    I’ve heard they’re doing two things: I mean besides printing $3 Trillion since March. They’re changing inflation set-up, yes, to allow inflation first. But more importantly, they’re setting sort of a tether peg. That is, if it’s been too low for months (according to them, who have chauffeurs shop and drive for them, living on free government health care in free, open government gyms) they will allow it to equalize. That is, if it’s 2% below target for 6 months, they’ll let it run 2% above target for 6 more months before acting. Two problems: one, inflation tends to zero-bound, but can more rise freely in the other direction. The other, a drop might be 1%, but a rise could easily be 10%.

    Inflation tends to run on expectations, which are psychological and fact-free. Would you pay 100% rate on money? Sound high? What if you could invest and make 500% a month? Sound like free money now? That’s what we see in unhinged 3rd world economies that radically increase poverty, violence, and desperation with the radical income-gap increase between those who have a nickel to invest, and those who don’t. …You know, like now, but on turbo.

    Second thing: they have indicated they are suppressing rates at all points on the curve. That is “Financial Repression”, or better known as “Theft”, FROM the workers and savers (you) TO the reckless and speculative insider parasites. Why? To cause that inflation that would kill all the poor folks, as above. This is their Congressional mandate: kill poor folks! You know, like the CDC, SEC, ACA, all that. More, they are going to suppress all rates IN ALL INSTRUMENTS, as they can’t have the “normal” result: buying Treasuries but allowing junk bonds like Tesla go to 1,000% interest. They are already buying every company, every stock, every bond, every mortgage, everywhere. Crazy? Like Japan for 30 years who now owns nearly 100% of Nikkei?

    So, going to hide? Standard, boring, predictable, textbook inflation and currency collapse/swap. Whoodaknood? I mean except the 1988 Economist, 40 years ago. Other than being published on the cover of the world’s biggest economic magazine, and discussed in papers steadily since then, raged online since 2001, then revisited in 2008, nobody could figure it out.

    Anyway, we’re waiting for the TIPS to show, and the last blocks to fall into place. For when? How about when the U.S. is a worldwide joke for having no election, no President, the generals deciding, Congress arresting each other, States seceding, and cities on fire? Can hurt faith in the currency then?

    So: chop wood, carry water.

    Whig interpretation is the “straight-line” theory of existence. As opposed to the circular, seasonal, cycles theory. This is Progressiveism writ large. Has a nice fallacy in that the very existence of the “new thing” inherently means it is good, better, and we ourselves are proven superior by it. It is after all, the culmination of all evolution. Doesn’t really work out that way in practice. It may or may not be a circle, but it’s at least a spiral, a cyclical motion that has a direction.

    #63243
    zerosum
    Participant

    I told ya so
    The novel-coronavirus seems to have been established in the US and in Europe before it was discovered in Wuhan last December.
    I read the same report.
    Since day 1, I have been saying that I did not believe that the virus could travel “faster than a speeding bullet” to all those senior care homes around the world.

    #63244
    Mr. House
    Participant

    This is why i love the automatic earth. Here i can question the narratives i’ve been told about the virus and not be banned and screamed at. The longer this goes on Rona smells of TDS

    #63245
    Mr. House
    Participant

    Almost like we got color revolutioned or something

    #63246
    Michael Reid
    Participant

    @ Dr. D,

    I am not very good financials but it sounds like most of us are being flushed down the toilet. No moose today but I did cut down a tree that had its top broken off.

    Seen an awesome Caribou today and when I say awesome I mean I was in awe.

    #63247
    Mr. House
    Participant

    “The novel-coronavirus seems to have been established in the US and in Europe before it was discovered in Wuhan last December.
    It could well have come from Wuhan, or as well from Ft Detrick, Maryland, or other national bioweapons labs.
    The patterns are tht 90% of infections are not represented by test results, meaning they are mildly symptomatic or asymptomatic, and we know that those predominate in younger people without comorbidities like diabetes, hypertension and obesity.”

    So what is the simplest explanation for the “authorities” response then?

    #63248
    Michael Reid
    Participant

    Call me crazy but I have just been reading the news quite a bit these last four years and I have gotten the feeling that Putin is currently the best leader in world.

    #63249

    You’re new here Mike. but I’ve been saying that for a very long time. There’s well over 12 years of Automatic Earth, eat your heart out.

    #63251
    John Day
    Participant

    Mr House said (initially quoting my comment):
    “The novel-coronavirus seems to have been established in the US and in Europe before it was discovered in Wuhan last December.
    It could well have come from Wuhan, or as well from Ft Detrick, Maryland, or other national bioweapons labs.
    The patterns are that 90% of infections are not represented by test results, meaning they are mildly symptomatic or asymptomatic, and we know that those predominate in younger people without comorbidities like diabetes, hypertension and obesity.”

    So what is the simplest explanation for the “authorities” response then?

    A: My read is that “authorities” are seeing how much “order” they can impose in a pandemic scenario, when they have enough information to know that it is 10X milder than what they portray. There is a power struggle underway among our owners, and they want us to stay in the chutes, while they shoot it out.

    #63252
    Mr. House
    Participant

    “My read is that “authorities” are seeing how much “order” they can impose in a pandemic scenario, when they have enough information to know that it is 10X milder than what they portray. There is a power struggle underway among our owners, and they want us to stay in the chutes, while they shoot it out.”

    Thats not the simplest but i agree that is part of whats going on currently. I still think it was an excuse to bailout themselves again. Another excuse to keep rates at zero for another decade. Then again most people have no idea what interest rates are except for their credit card. I think the world could be coming up with a new monetary system while we all shelter in place.

    #63253
    Mr. House
    Participant

    Then again, what if they aren’t fighting and its all theater?

    #63254
    Susmarie108
    Participant

    @John day and Mr.House: it doesn’t matter, they are sure they own us. They demand another round of WINNING via bailouts and wild stock market upswings.

    “I think the world could be coming up with a new monetary system while we all shelter in place.” There are potentially good things emerging. My friend Charles Hugh Smith (Of To Minds) is on the leading edge with practical, actionable solutions. His new book is a roadmap to helping us connect the dots – and build a future that works for all.

    In his own words:

    “In this book I connect the dots of my own life experiences to show how a sustainably fair way of organizing human activity would work. In telling my story, I’m also telling our story, because we all share our limited-resources world and the same aspirations for fairness, belonging, getting ahead and a say in our future.

    Those of you who read my 2015 book A Radically Beneficial World are already familiar with my proposed alternative system, one that is voluntary and self-organizing: the community labor integrated money economy (CLIME).

    This is an arrangement that would actually work for all of us–and our world–because it treats everyone equally and is designed for DeGrowth, i.e. wise, frugal use of our planet’s resources, rather than the current arrangement’s insane goal of endless growth of consumption and inequality (and debt to fund the consumption) on a finite planet.”

    #63255
    Susmarie108
    Participant

    Correction of typo: Of Two Minds

    #63256
    Michael Reid
    Participant

    @ Susmarie108
    I enjoyed what you wrote. I grew up in a town where everyone was basically equal. It often seems to be forgotten but we do have a tax system that is able to reclaim the super wealth of the wealthy. Why this is a no go in the USA is perhaps because it is run by the super wealthy. But some of my ideas are tax the wealthy until they have 1 million or less in the bank. Of course you would need a functional government for that but it is a way out.

    #63257
    V. Arnold
    Participant

    sumac.carol
    Susmarie108

    Thank you for your kind words.

    Call me crazy but I have just been reading the news quite a bit these last four years and I have gotten the feeling that Putin is currently the best leader in world.

    You’re not crazy; you’re making a correct observation, IMO.
    When all is said and done; the U.S. demonstrably has the worst and the numbers, tragically, prove it to be true…

    #63258
    Susmarie108
    Participant

    @michaelreid:

    RE: “Seen an awesome Caribou today and when I say awesome I mean I was in awe.”

    Thank you for the report. Good to know that there are still a few healthy creatures on the planet. I look at this year’s deer and my heart breaks. They are thin and their numbers down significantly. It is obvious that our forests are no longer providing the nutrition they need – and then there is the lack of rainfall….and smoke….am in the mountains of Northern CA 4 hours north of San Francisco.

    #63259
    John Day
    Participant

    @Mr House: You asked for a simple explanation of what’s going down, brother. Of course they have to change the money again. Of course they want central bank cryptocurrency and something lossy and digital to coerce and bleed the rest of us. I don’t think this is all going to work out for them this time. Russia and China want GOLD again.

    @Susmarie108
    : Hehe, heh, heh. I’ve already got a checkbook and envelope here to get that new book from MY friend, Charles Hugh Smith, and I’m gonna send extra again, too 🙂
    He’s got some good stories about being a haole kid in Hawaii in there.

    Oh, I got today’s post up, with lots of news about how our owners are doing things and stuff. I don’t think history is going to go well for the owner class, so I continue to expand my agricultural projects. Up next for this winter work season is the Banana Grove. Picture of garden with work starting on banana-grove-extension. You will already have seen a fair amount of this, brothers and sisters…
    https://www.johndayblog.com/2020/09/covid-goes-to-college.html

    #63260
    V. Arnold
    Participant

    John Day
    You can actually grow bananas there? If so, and you have a choice, stay away from cavendish; they have many problems…and far from the most delicious… 😉
    We’re (99% my wife) growing about 35 plants (bananas) comprising 4 different types, nam wah, hok mok, kai gai, and a type called lady fingers. Sorry, other than lady fingers, I only know the Thai names… 🙂

    #63261
    John Day
    Participant

    Sawat-di Krap, V.Arnold,

    Yep, I have 6 dwarf Cavendish, 5 apple-banana (my favorite) and an ice-cream-banana. I’m trying this all out, and they should tolerate the winters in Yoakum. They seem to tolerate San Antonio and Houston, and Yoakum is a bit more temperate than either, being a bit farther south, and 60 miles from the gulf of Mexico.
    “First, get a yield”, quoth Permaculture.
    Lady Finger Bananas look promising, but I don’t know if I can get any: https://specialtyproduce.com/produce/Lady_Finger_Bananas_14422.php
    Apple Bananas: https://www.specialtyproduce.com/produce/Apple_Bananas_2050.php
    Ice Cream Bananas:https://en.wikipedia.org/wiki/Blue_Java_banana

    #63262
    Doc Robinson
    Participant

    John Day: “What are the implications of almost 10% of a sample of college students in Austin Texas having the novel coronavirus on one particular day, when they didn’t really feel sick?”

    A positive rapid (antigen) test means that there is an active infection. (“Positive results are usually highly accurate” for the antigen tests, says the FDA.

    The implications depend on just how long an active infection lasts (even when asymptomatic).
    The CDC is now saying (FWIW) that if someone is “retested within 3 months of initial infection, they may continue to have a positive test result, even though they are not spreading COVID-19.” So there can presumably be a three-month period where someone tests positive for an active infection, even if asymptomatic or recovered.

    The implications are significant, but not as bad as if an active infection would test positive for only 6 weeks or so. Too bad the students who were tested didn’t also get the antibody test, to show how many had been infected more than 3 months ago.

    #63263
    Doc Robinson
    Participant

    @ John Day
    Lady Finger Banana plants can currently be obtained at Willis Orchard, and probably from some other sellers.

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