Sunday, October 23, 2016

The US cannot be saved

Fred Reed:

(snip)

Let’s not delude ourselves. America is ruled by the Five Cities, Boston, New York, Washington, Tel Aviv, and Hollywood. The rest of us just pay taxes. The heart of the beast is New York, the Ivies being its nursery and Washington its storefront.

To a practicing curmudgeon, the presidential contest is amusing but unimportant. Hillary will win, whether she wins or not. She is just the wave front of deep and fast-flowing currents of decay that cannot be stopped. Trump may try, but he cannot succeed. We live in a dying culture and, soon, a diminished country. It cannot be saved.

(snip)

There is no solution. Complaining about degraded music, semi-literacy, and barnyard taste accomplishes nothing. Soon there will be none left who remember what has been lost. Once broken, the chain cannot be repaired.

It is over. Putrefaction is irreversible, either by Ronald or Lucretia.


The shift to the economic pattern of the Third World, the concentration of wealth in the hands of a few, proceeds apace and there is nothing to do about it. Impunity, normal in Guatemala, allows corruption to go unpunished. Think sub-prime. Hillary is as crooked as any president in Latin America, everyone knows it, and nothing happens to her.  The extremely rich,  the famous one percent,  control Wall Street, the media, Congress, banking, the social media. The well-being of all but the rich declines. It will go on. There is no way to change it. Who will do it? How?

I do not agree with everything that Fred Reed says bit I do agree with this assessment. I have said the same for years. If you have the means you need to diversify yourself around the world. Buy some property in a place you would not mind living in. It can serve as a bolt hole so you have somewhere to go to when the free shit runs out. It also gets some of your money outside of the US as property purchases abroad are still not reportable to the authorities, at least not yet. 

Next time the economy heads down and it will, 2008 will look like a boom time. There will be blood when the money runs out. 

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