(The following is one of my “classics” that was written in July of 2014. I post it now as a testimony to our government’s inability to fix the world since most of it reads like it could have been written today. See what you think.)
I feel compelled to write to you tonight. But on what topic shall I write? I’m pulled in so many directions. I try to avoid being classified as “doom enthusiast,” but it’s tough to ignore the things that are going wrong world-wide. Some of them might very well smack us right in our tail-ends. Let’s take a brief inventory and see if I can pick something out on which I can focus my meager analytical abilities.
- Iraq is deteriorating into just about what one would expect: a failed state. Now this ISIS outfit seems to have reached Baghdad, and unconfirmed reports claim it has either taken or is shelling Baghdad International Airport. So much for trillions of dollars and a whole lot of injured or dead U. S. soldiers over the years. Not to mention the horrible conditions the people of Iraq have had to endure. The area is no stranger to religious wars, so what did the fools who started and perpetuated all this Iraq war stuff expect? World improvement is not a discipline in which governments have had many successes. But persist they will. Blockheads.
- Closer to home, our southern border with Mexico is solid as a sieve. If there’s a policy for handling those streaming into our country, I sure cannot discern what it is. It’s not even clear who is responsible for dealing with the situation. I’m all for people having the opportunity to pursue a better life. In fact, I happen to be in that category. But this is out of control. And shouldn’t the leadership of Mexico be embarrassed by the fact that so many want to get out of their country?
- Hamas is launching its notoriously poorly-directed rockets into Israel. I’ve never seen one of their rockets, but they must sort of be like jumbo-sized bottle rockets. You set the thing off and are just happy it doesn’t turn around and hit you in the butt. Israel has no such limitations. They have plenty of munitions that can hit the target. And they’re not afraid to use them. For some strange reason each fool who takes over the White House makes a magnificently futile effort to fix this problem between Israel and the Palestinians. It’s like some ritual they have to follow. Lemmings, the bunch of them.
- President Putin made some remarks in the last day or so that could be considered to be distinctly uncharitable to the U. S. government. I recommend you read those remarks. I also recommend caution in dealing with him. Unlike Hamas, Mr. Putin’s weapons are unlikely to miss their targets. I actually have respect for Mr. Putin. Not that I’d want him as our leader, but he actually makes statements that sound like they make sense. And he hasn’t invaded Ukraine yet, and that makes me happy. So, at great risk to my reputation, I’m prepared to accept that he might not be a blockhead. Perhaps he’s being sincere. Or perhaps he’s just playing a very carefully planned game of chess. But I’m pretty sure he should not be ignored.
- While on the subject of Mr. Putin, reports are that he’s trying to create an anti-U.S. dollar alliance of countries. Not that I blame him. Anyone who wants to sit on a pile of federal reserve notes or US treasuries is a lunatic in my opinion. The monetary and fiscal policies being pursued in the US are certainly not dollar positive. The great masses of US citizens are blissfully unaware of all of this. Although they are starting to figure out from their visits to the grocery store that something’s not right with the economy. I suspect they will be given plenty of additional evidence of the weakness of our economy in the near future.
- I know very well what hyperinflation is. It’s not just jumbo-sized inflation, but rather a repudiation of the currency itself. The value of the currency drops so dramatically in so short a period of time that it collapses into worthlessness, devastating the country. I’ve been listening to well-educated and well-informed economists and investors predict hyperinflation for the US for some time. It seems like the date of its predicted inception keeps getting pushing into the future by these economists making us wonder how serious the threat really is. Since I’ve been accused of being a “doom enthusiast” I’m not going to declare the threat of hyperinflation to be just a phantom. I’m prepared to believe the threat is real — it’s just that timing problem again. Why do I believe the threat is real? Because many of the factors that have lead to hyperinflation in other countries are firmly in place here. John Williams seems like a level-headed and very bright economist. His site can be a big help for those exploring this disturbing topic.
- Another disturbing topic is the current news about Goldman Sachs. They stand accused by a group of former female employees of, well, I’ll let you read an excerpt from the Bloomberg news story yourselves: “Women report a ‘boy’s club’ atmosphere, where binge drinking is common and women are either sexualized or ignored,” according to the [court] filing. While I abhor this behavior, if it did indeed happen, the lunacy of this is that of all the things Goldman could be accused of… You can finish that sentence yourselves.
See? Look what happens. I don’t even scratch the surface in making a list of the things gone haywire only to find that this blog post has gone on long enough. I clearly need to do a better job of planning what I want to say to you. I recognize the struggle it must be for you to plow through my musings. I only hope you are rewarded in some way or another for considering what I’ve laid out before you.
Thank you for reading. Peace.