Jim Kunstler, creator of clusterfucknation and prophet of peak oil driven doom is at SFU tonight. If you can, you should give him a listen. Here is a sampling of his latest blog entry:
George W. Bush, tried to appease the beast by offering each American adult the dollar equivalent of half a month’s mortgage payment — with the exhortation to drive forthwith to the nearest WalMart and blow it on salad shooters and plasma TV’s — but Hooverzilla just laughed at the offering and pounded the equity markets further into the dust of loss, while the “bank-like” guardians of wealth lay in the drainage ditches bleeding from their ears and eyes.
My favorite moment was seeing Treasury Secretary Paulson and one of his fellow shaved-head deputies at a press conference rostrum frantically trying to calm the news media rabble like a couple of extraplanetary high priests from a Star Trek episode — the batteries having run down in their laser wands, and their incantations (“liquidity! liquidity!) veering into mystifying glossolalia.
I resort to such admitted extreme hyperbole because it may be the only language that an infotainment-drunk society can still process in the face of an epochal calamity that will transform the lush terms of everyday life as we’ve known it into something like a bleak surrealist landscape in the manner of Tanguy. That crashing sound out there is the armature of confidence needed to support an economy based on faith that borrowed money will be paid back. It’s as simple as that. (Doesn’t seem so exciting now, does it?)
Source: jameshowardkunstler.typepad.com
Tags: USA | Bush | Vancouver | Clusterfuck | Ears | economics | Hooverzilla | Jim Kunstler | Markets | Money & Stuff | mortgage payment | offering | Peak Oil | Treasury Secretary Paulson | WalMart
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