Sunday, February 25, 2018
Man's Fantasy
Maybe you feel that somehow we are all spiritually connected. Perhaps there is a spirit-world out there somewhere; it could be up there in the clouds, in the great beyond.
You’re not the only one. People on earth have felt this for a very long time. The story of Man reaches deep, far back into our history, and it is full of evidence that humans have always related to spirits, maybe the souls of dead men and women, maybe aliens from somewhere else, nature spirits or gods, or the One God, or maybe all these notions are just the ghostly products of our overactive imaginations.
If there were, in reality, no spirit world out there, I think we would make one up. We would, if we haven’t already, imagine a pantheon of gods or spirits that sort of hover around and make stranger things happen that we can’t explain.
Our ancient cultures have throughout history brought forth plenary evidence that something freaky is going on out there, whether it is in our minds, or otherwise.
The myths of ancient Greece presented a scenario of multiple gods who were, in some ways, very much like us. The movers and shakers among them strove to gain attention and favor from the potentates who seemed to be in charge, like Zeus and Hera, or Poseidon and Athena. Although they were thought to be somehow supernatural, those deity wannabees were generally chomping at the bit to outdo each other.
Just like, you know, us schizoid homo sapiens.
Age after age, we love to get off by summoning them up from the pit of our imagination or the abyss of wishful thinking.
Now our long postmodern 3.0 world-narrative has generally relegated these old fogies of the spirit world to the back pages of your garden-variety goggle search.
On the other hand, our historicsl narrative presents testimony from multiple fronts that the spirit world is actually created and headed up by One God. Yet we argue about what the correct name is. Is it allah or jehovah of krishna or lady godiva or whatnot, and who is the true prophet and so forth and so on.
Our postmodern pervasive intrusive web-babel of electronic media has now given us humans a host of bandwith opportunities to bandy this thing around and make a big deal out of it. Our overactive imagination can now have a field day of competing gods and goddesses, a plenary plethora of super-heroes and heroines, to whom we give our attention and in some cases even our devotion and veneration.
But hey, you won’t catch me fortifying any fan-fixation with the Ba’al or Dagon; I won’t be doing hocus-pokus with the Wicked Witch, nor will you find me hobnobbin’ with Darth Vader or joking with the Joker. Nosiree. I’ve got too much going on to waste time on those misfits. Let Superman and Obie-wan and Wonder Woman and Spiderman handle them. They can waste all the time they want chasing those villains all around the solar system.
Let ‘em play their game of thrones ’til the cows come home. I don’t care if you drag all the dungeons and dragons this side of Hades out to array themselves in full battle paraphenalia to take down whosoever’s in charge at the moment. They can pokemon forever for all I care. They’re probably a bunch of gropers and pedophiles chasing fairy tails in hell anyway.
All this fantasy fluidity is about as useful as a freakin’ fentenyl freeze-pop on a free ferry to fairy land. Something’s rotten in fandom. The likes don’t tell the whole story, y’all. We gotta find a way outta here.
I really think all these dreamed-up deities have been, just like us, screwing things up all along. They don’t know what they’re doing, don’t know their asses from a hole in the ground. When God finally did show up to get us straightened out, they nailed him up on a cross.
I believe somehow we’ve got to rise above all this fantasy.
I recommend an alternative: faith in Christ resurrection, which would be a better use of our time, and it would solve a deadly problem for you and me.
Glass Chimera
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Sunday, February 18, 2018
Stickin' to it.
In the late ’70’s many of us wandered up to a cool mountain town; we were trying to figure out what the hell had happened. Some had survived the excesses of countercultural lifestyle; others were just there to do the college thing.
By that time, the ’60’s flower-power revolution that had failed to actuate had been appropriated into the Establishment. Now you could buy faux hippie threads from the JCPenney catalog; that reality was really a bummer, but people were buying the stuff anyway.. The free love thing had been commandeered by Hollywood. It seemed like everybody was “doing it.”
Our little group of wanderers and students found ourselves congregated in the mother-earth lap of an Appalachian river valley. We had gravitated here to, as John Denver had phrased it, “find Jesus on our own.”
“On our own” turned out to mean: apart from the institutional Church, because it was out of touch with what was happening in the real world and everybody knew it was full of foolishness and hypocrites. Haha.
As the gathering developed, however, our little charismatic experiment turned out to be a little more infected with the ways of the world than we had anticipated. Even though we were a bunch of young bucks and does banded together, raising our kids as a sheltered new testament tribe, showing all the local old-school religious folks what the kingdom of God was all about, eventually after about 20 years it flew apart and we all went our separate ways.
But the failure of men to do God’s will is not the conclusive evidence about the credibility of Him whose crucifixion was inflicted by that same failure, our human failure. Ultimately his resurrection overcomes the crucifixion. The message of Jesus is not about what men do or fail to do; It’s about what he did for us.
By the late ’90’s when our little congregation fell apart, our three offspring had gone off to University, where they got a different view of things, different from the churchified bubble they had been raised in. Long story short: it was good for them to be educated, and all three retained their faith.
Meanwhile back at the ranch, some of us maturing saints—shell-shocked survivors of the great postmodern charismatic reactionary push—began gathering in our homes to “on our own” collectively continue our covenantal search to discern the Lord’s will for us. So we were then, and still now, gathering in our living rooms to read the Bible, pray, and seek God.
As for me and my wife, we have walked a middle road between that house-church body of Christ and another church, which is a more conventional arrangement for presenting and living out the gospel in society.
This has worked well for us.
By ’n by, all three of our offspring became world travelers for one reason or another. Over the years we have done a lot of globetrotting, following them to various fascinating destinations around the world.
Like for instance, Europe. When we went to that Old World, I began to understand that America is the new kid on the block. Over there, they’ve been doing this Christianity thing for a very long time, about 2000 years.
While it is plain to see that there is a huge institutional legacy of the “Church” in the Americas, the cathedrals of Europe can be seen as indicators of a very different religious experience in days gone by. Every major city presents evidence of some stupendous religious megalith that dominated European society in a big way for a very long time, until the purveyors of human rationalism came along to challenge their authority.
This Church as a human institution, whatever it shoulda woulda coulda been spiritually, was for a very long time the big kid on the block, the elephant in the room, the megalith institution that dominated Old World society and cultural In a BIG way.
Those 1st-millennium continental Catholics erected a bunch of huge, monumental edifices. You can find them in every major city and small town. Europe displays an infrastructure of past religious hegemony on a massive scale. The Reformers later did more of the same.
Case in point. Last year, when we were in Prague, Czech Republic, I snapped this pic inside a cathedral:
So I’m thinking. It’s plain to see, this Christianity thing is much, much larger than what is represented by, say, the quaint quasi-classical structure down on our Main Street USA. Beholding this magnificent structure presents a challenge in many ways: it’s a theological, cultural, architectural wonder!
Who built this thing? Was it erected through the blood and toil and sweat of impoverished medieval slave-serfs? Was it founded upon the heretical manipulations of indulgence-selling ecclesiastical con-men? What kind of empire were they building here? A corrupted hierarchy of covetous clergy? Does it give glory to God, or to the works of Man?
Now I could speculate vainly about the motivations and corrupt practices of those who went before me as constructors of what is purported to be the Kingdom of God. I could judge them as users and abusers who took advantage of clueless poor people who probably could barely afford to pay the light bill and keep gas in the cart and the kids in shoes while they were fretting about their deceased relatives in purgatory or limbo. I could conclude presumptuously that this humongous structure is nothing more than a work of vanity and hubris and systemic abuse that was erected by men who were surely just as guilty, just as culpable, just as sinful and suspect as myself. I could condemn them as robber-baron ecclesiastic manipulators who were no doubt serving Babylon or Rome or the Pride of Man.
But, sinner that I know myself to be, I shall not so judge them. Rather, I shall admire the building for being, in an imperfect world, what it should have been, and is generally in retrospect considered to be: overpowering evidence of the human impulse that strives to glorify God.
Furthermore, I understand that my assessment is considered to be an obsolete way of thinking. I realize, from both my common observations and study of history, that the religious hegemony of this huge institutionalized Church has been supplanted, governmentally and socially, by the humanistic, democratic and socialistic movements of the 19th and 20th centuries.
And that’s okay. Shit happens and nobody’s perfect, not even the humanists, who havre proven through their own systemic abuses that human government and politics falls far short of true justice.
We Christians do need reminders that there are other people in this world who have different fixes than we do for rectifying human injustice and misery. We don’t have to agree with everybody, but we do have to, as Christ and his apostles commanded, live peacefully with everybody insofar as it its possible.
What I am seeing now, in the present predicament of our world is this:
That big guilty-as-charged Churchified juggernaut that sought to order human activity and governance in the last sixteen hundred years—it is being challenged and threatened by a newer Religious juggernaut from the east.
And if I must choose between the two, I’ll go with the one that I know to be true, even though it has not always been righteous. In the end, I think it is better to build upon the testimony of the one who died on a cross and was, three days later, resurrected. It is better to stand with Him than with another religious empire whose plan would be to get us kaffirs all on our knees five times a day.
In his final revelation to those he loves, Jesus counseled his friend John to “strengthen the things that remain.”
So therefore and henceforth, I say unto thee: I’m with Jesus.
The failure of men to do God’s will is not the conclusive evidence about the credibility of Him whose crucifixion was inflicted by that same failure, our human failure. Ultimately his resurrection overcomes the crucifixion. The message of Jesus is not about what men do or fail to do; It’s about what he did for us.
That’s my faith and I’m sticking to it.
King of Soul
Saturday, February 17, 2018
Boomers' Choice (reprise)
Is this world screwed up or what?
Tell me about it.
Nevertheless, there may be reason enough to find happiness,
contentment fulfillment and all that stuff
in the silver lining that highlights those dark clouds.
We baby boomers do have a choice, you know,
about whether to cry in our beer
or find cause enough to rejoice while
we’re here on planet earth.
Have a listen:
Boomers’ Choice:
Well, the boys came marching home from Germany and France
and the bomb had made a blast in in Hiroshima.
We were driving brand new cars; we were waving
stars and bars
and everywhere was another factory.
Back in 1953,
cruising with Dwight E.,
Elvis sang the whiteboy blues,
McCarthy looking under every bush.
In the home of the brave and the free
rolling on prosperity
and all the kids were going off to school.
Ten years down the road
another dream had come and gone
and the power of one gun had made itself known.
Back in 1964
big Lyndon opened the door
for civil rights and a bloody Asian war—
young men on porkchop hill
young women on the pill.
At home they said don’t kill;
get a psychedelic thrill.
But the dreams of a woodstock nation
were just an imagination
when the boys came trudging home in ’73.
So it’s hey hey ho is there anybody home
and its hie hie hey, seeking light in the night of day:
the dreams of a woodstock nation
were just an imagination
when the boys came trudging home in ’73.
Well, it just don’t pay to sob;
guess I’ll get myself a job
selling leisure suits, maybe real estate.
I’m not moving very fast,
just waiting in line for gas
and Johnny Carson gives me all my news.
Back in 1976,
overcoming dirty tricks,
some were moving back to the sticks;
some were looking for a fix.
Ayatollahs on the rise
sulfur dioxide in the skies
and the system makes the man that’s got his own.
They say an elephant won’t forget;
let’s play another set.
There’s always another ghost on pac-man’s tail.
Don’t let this boom go stale.
Let’s find an airline for sale
or pop another tape in the VCR.
Back in 1989,
we’re living on borrowed time
getting lost in subtle sin
eating oat bran at the gym.
But there’s an empty place inside
and I was wondering why
these vanities don’t suit.
I’m going back to the gospel truth.
And it’s hey hey ho is there anybody home
and it’s hie hie hey, seeking light in the night of day;
There’s an empty place inside and I was wondering why.
These vanities don’t suit;
I’m going back to the gospel truth.
Put on your Sarejevo, Mogadishu, Kalishnikov and Columbine shoes,
for the way is treacherous with ruts and rocks.
Yeah, we figured out digits out
before that Y2K could spoil our rout,
but that 9/11 call was in the cards.
Did you consider the question of heaven
before the wreck of ’07?
Will you hear the trumpet call
from the Ancient of Days.
Our way is littered with freaks and fads
from Baghdad through our mouse pads
as the reaper swings his steely scythe
across our wicked ways.
And it’s hey hey ho is there anybody home?
And it’s hie hie hey, seeking light of day.
It’s a dangerous place outside
and I was wondering why.
This world don’t give a hoot;
I’m going back to the gospel truth.
King of Soul
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Monday, February 5, 2018
Feb5, 2018
Floating in New York Harbor, this message was found in a bottle:
Sorry to burst the bubble here but
What the hell happened at 3 o’clock?
Somebody yell fire in crowded theater?
Thundering herd, caught up in the Smoke and mirrors!
Blindsided by a Flash Crash?
Blame it on the ‘bots!
Gotta be them damn short-selling ghosties
in the machine
again
Oh . . . what the hey. . .
The last thing I remember, Doc
I slid into the curve.
Downward, I remember
Downward, I can tell you that.
In the winkin’ of an eye, and suddenly it’s every man for himself—
and the thundering herd turns tail, reverse
like some slumbering bearish curse,
Stampede!
Blind-sided by the ‘bots, or so I’m told.
Or did Jerome grab the punchbowl
Already?
Did he pull the plug?
Did he pull the rug
out, already, from under,
toppling now, asunder
the elephant in our room?
Watch out!
We’re coverin’ our assets here. But it’s hard to hit
a moving target.
So I’ was thinkin’
This is more dire than a bull in a China flop;
caught in a freefall only the ’bots can stop.
Or until the final bell doth drop
Hell! It’s 4 o’clock;
but I’m still in shock.
We didn’t see it coming, from near, nor far!
you know how your assets are?
What about my precious metals?
Now the dust settles:
Dust bowl
Super bowl
punch bowl, where have we landed?
America has disbanded.
Yet the Eagles have landed.
Where the Eagles gather—’tis there the body’s found.
No more Patriot tricks to score touch down.
No, nay, hardly a sound
there’s no more joy in BeanTown;
might Brady has struck out!
Dynasty done, without a doubt.
Who’d’ve thunk it,
equivalent to a Philly gridiron dunk it!
Oh, you couldn’t hear the clock stop
as we watched the black swans flop.
No, we ne’er did detect that long-dreaded pin prick
as it burst our bubble like an e.d.wick,
yet we caught a twit from way, way down
in the beltway, political town
struck dumb now with some eerie Nunez memo
more cryptic than a dreary Ruuskie demo.
But I remember
it was 3 o’clock and then . . .
That’s all she wrote.
Glass Chimera
Saturday, February 3, 2018
DeepState DeepThroat DeepSh*t
I suppose the concept of Deep State started with George Orwell. In his fictional explorations of early 20th-century dystopia, 1984 and Animal House, Uncle George presented the scenario of a so-called Big Brother government that wanted to control just about everything, including not only what people do, but also what they think.
Orwell’s real world of the 1930’s certainly presented a dramatic scenario of escalating DeepState dysfunction. Two gargantuan opposing dictatorships were challenging each other over the question of which one would control the world.
The Nazis, who had wrested control of the German gov. machine, had effectively set up a dictatorship of one man, Hitler. He turned out to be a personification of DeepMad. In other words, he was so mad at the world that he desperately wanted to find someone to blame for all the DeepSh*t. He blamed it all on the Jews and the Communists.
The truth is, however, this. We have found the enemy, and he is us.
All of us. But as I was sayin'. . .
Meanwhile, back at the northern climes, the Soviets were setting up a dictatorship of the proletariat, even though their founding dictator was dead; Karl Marx had dictated the idea that working folks could manhandle the world away from all the rich fuddyduddy lords and ladies who had been running it for so long, and everybody knew that certainly the proletariat could do a better job of running the show.
Now that's an idea whose time has come, the arc of history and all that. Or so they thought . . .
In the ’30’s the whole damned world was torn apart when the Dictatorship of Hitler tangled with the Dictatorship of the Proletariat. Oh, and there was a third one—the Dictatorship of an Emperor—Hirohito in Japan, not to mention Mussolini and his goons. Between these four, they pretty much dragged the whole damned world down into a fricking apocalypse preview. Unlike wars of old, such as was conducted by the ancient Greeks v Persians, or David v Goliath, or old dusty militarized monarchs of Europe sending their clueless vassals out to perish, the 20th-century version of warfare was exponentially more destructive than the carnage inflicted by men of old, wielding their legendary sabres and muskets and cannons and those old-school versions of techno-destruction.
Well, by 'n by, we Allies managed, through much blood and toil and sweat, to put an end to all that dictatorial bullsh*t.
It was no easy job, but we collectively mopped it up in the late ‘40s, '50s and thereafter.
But that was just one small historical step, as it turned out, in all the blood, sweat and tears that was yet to come.
Now understand this: there's always a lot more deep stuff going on than we, in our pea-brains, can fathom. That said . . .
By ’n by, a new generation comes along and now all these kids still wet behind the ears are growing up with a TV in the living room, and they’re watching the world through the lens of Edward R. Murrow and Eisenhower and Kennedy and Cronkite et al, and by the time the baby boomers get out and about where they don’t have the restraints of mom and dad tellin’ them what to do all the time—in other words, college—by that time, they had figured out that they knew enough about the world to change it—the world, that is—(haha!). And so they got out in the streets and made a big mess of things until finally Nixon got the message and brought the boys home.
Well, by the time the boys came marchin’ home again hoorah hoorah—this was early ’70’s—the DeepState had gotten the idea that Nixon was a brick or two shy of a load, and so they set out to show him a thing or two by pressing the delete button on his power trip.
And this is how it happened:
That whole protest wave that so confounded Johnson and Nixon—it wasn’t just about the war. No, it was about much more than that. It was supposedly about free love and maybe some free pot and maybe even free food, as the diggers had been trying to do out in San Francisco.
Meanwhile, back at the ranch, there was a lot going on in America behind the scenes.
That free love thing, you see, wasn’t really so simple as just shackin’ up; it was also about getting kinky. So when the reporters who broke the DeepState Watergate dam—Woodward and Bernstein— devised a pseudonym for their DeepState informant, they came up with the nomen DeepThroat.
This development, which attempted to document the infernal workings of unbridled unjustified politics in the white house, was thereby associated in the public mind with the kinky side of the sexual revolution, as represented by the porno movie of the same name which was inspired by a nymph who had turned kinky because she used her mouth for sexual purposes and they called it DeepThroat.
Hence, DeepState, DeepThroat. There's always a lot more deep stuff going on than we, in our pea-brains, can fathom.
What the Americans did not understand was that the whole DeepState, DeepThroat thing was slowly devolving us into a pit of moral, political and economic depth beyond our ability to rectify all the deep troubles associated with same.
Now since that time, our preoccupation with all this dysfunctional politics and sex has sunk us deeper into political and sexual irresponsibility. This dystrophy has, along the way, blinded us to authentic responsibility, and ultimately imprisoned us in a yet another very deep quagmire. Yeah, I say unto thee, 'tis yet another pothole of even deeper dysfunctional distress:
DeepDebt, trillions and trillions of it.
Nevertheless, in spite of all that, ya gotta find a ray of hope somewhere. I don’t know about you, but my prescription for our dystopian dillemma is quite simple, maybe even simpleminded:
God bless America.
And if you believe that, I've got some deep canyon real estate in Arizona I'll tell you.
What's better is: In God we Trust. But with all the deep sh*t that’s going on, such blessing and trusting could require a higher power for the fulfillment part of it, and maybe even some DeepFaith.
King of Soul
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Tuesday, January 30, 2018
What the Jews did
What the Jews did was establish about half of the narrative foundation of the Western World.
Their Old Testament, combined with the New, were received as Holy Scriptures by the Church, which, after Constantine, dominated European cultural development for over a thousand years.
Long about 1500 or so, the Protestant Reformation began the process of unshackling the chains of dogmatic error that the Catholic hierarchy had, over 1400 years, lapsed into. Then Reformation disruption of Papist hegemony broke ground for another new emphasis—the Renaissance. This humanist arts movement unearthed the quasi-dormant other half of the Western cultural narrative, the ancient Greeks, most notably Homer, Herodotus, Plato and Aristotle. On the coattails of the Greek philosophers, the Roman writers, most notably Cicero, Cato and Virgil later appended their contribution to the philosophical and governmental legacy of ancient Greece. It later became a bedrock of Western culture and government.
That ancient Greek heritage had initiated an idea called democracy, which was later amended to Republic by the Romans in their Empire.
Judeo-Christian Religion, Greek Democracy and Roman Republic became the religious, philosophical and governmental foundations upon which the Western World was established in Europe and beyond.
In the early stages of Western history, during the period of the Roman Empire, along came a Roman general named Titus. In 70 a.c.e., he ran most of the Jews out of Israel, their homeland, and he sent his soldiers to Jerusalem to destroy the Jewish Temple, even though it had had been constructed by one of the Romans' own puppet kings, Herod.
Titus apparently thought it was a notable accomplishment that he had expelled most of the Jews out of their own ancient capital; the Hebrews had previously managed to reclaim Jerusalem after the Babylonian emperor Nebuchadnezzar had expelled them about 670 years earlier.
Titus’ Roman victory over the Jews was thought to be quite impressive by his successors. A few years after he died, his brother Domitian commissioned the Arch of Titus to be constructed in the main area of Rome. Among the conquests of Titus depicted in stone on the Arch, the plundering of Jerusalem is plain to see.
In this picture that I snapped, the Jewish Menorah can be plainly seen. To the victor goes the spoils, eh? The Roman big shots must have thought themselves something special after they ran those upstart Jews out of Jerusalem back in the day. The Jews were infamous among several historical empire-builders for being ungovernable.
One reason that Titus and Nebuchadnezzar and Antiochus and their ilk had so much trouble governing the Jews was because the people of Israel always insisted on being free.
This whole idea of freedom, around which Western culture revolves, originated largely with the Jews.
Long about 1400 or so years b.c.e., Moses rounded up the Jews and lead them out of the slavery that Egyptian pharoahs had inflicted on them.
This turned out to be a major event in world history.
Why? Because Moses and some of his people wrote a book about it. We know it as the book of Exodus. Along with the other books of the Torah/Pentateuch/Old Testament, it later became an international best-seller for many and many a year, many and many a century and several millenia of time.
What later became the Bible was passed down through the ages to many and many a person and group of persons to read and spark inspiration.
That spark of freedom that enabled the Jews to throw off the bondage of Pharoahic slavery—it has been an inspiration to many freedom-seeking people throughout history.
Case in point, within our lifetime. (All ye Boomers out there, hear ye, hear ye. . .)
Dr. Martin Luther KIng, Jr., on the night before he was assassinated, declared this message to his people in Memphis, and ultimately via audiotape to America, and to the world:
“I’ve been to the Mountaintop. . . I’ve seen the Promised Land . . .”
Well, I don't know what will happen now. We've got some difficult days ahead. But it really doesn't matter with me now, because I've been to the mountaintop.
And I don't mind.
Like anybody, I would like to live a long life. Longevity has its place. But I'm not concerned about that now. I just want to do God's will. And He's allowed me to go up to the mountain. And I've looked over. And I've seen the Promised Land. I may not get there with you. But I want you to know tonight, that we, as a people, will get to the promised land!
We can see that Dr. King was inspired by Moses. A long time ago, I wrote a song about it. Mountaintop
And we know from the Hebrew scriptures that Moses was inspired by God.
Now this may seem a little old-fashioned to you, a little bit religious. But this religious thing is much more than belief in God. It's not just out-of-style old hat. Faith also includes the idea of freedom. It also includes the idea of freedom of religion , freedom to believe what you need to believe, and freedom to act on what you believe to be true. It goes way back, way back . . .
Here’s another example from American history. A hundred and fifty years ago when black folks in this country were still enslaved . . . in a situation not unlike what the Jews had found themselves in ancient Egypt, one of those black former slaves, Harriet Tubman, started a secret society for the purpose of providing an escape for self-freed slaves who wanted to come up to the free states.
The name that was given to Harriet’s clandestine network was the Underground Railroad. Have you heard of it?
I’m here to tell you that the Underground Railroad has been transporting people from bondage to liberty for a very long time.
Last century, freedom-seeking people did another version of it to smuggle the children of Israel out of the Nazi Third Reich. Have you heard of it?
But know this: it’s still going on.
Underground Railroad Rides Again.
And we can thank the Jews for that, because way, way back in the day . . . they started it; they started the freedom track that runs through human civilization. The first one ran from Egypt to the Promised Land, and its been going, whenever needed, under the radar ever since.
It will never be shut down.
Glass half-Full
Sunday, January 28, 2018
Yes, Toto, we're in a Brave New Swirl
Today while perusing a post on the Seeking Alpha financial network I came across what appears to be a very sensible explanation of what we see in the world of finance and business today.
This no-nonsense analysis is occasionally echoed by other writers on the SA site, most notably Mr. David Stockman, former budget director for President Reagan.
He was a high-flyer back in the day, the pre-Greenspan days.
But here I make reference to a different contrarian analyst, Mark A. Grant, upon whose article I stumbled upon this morning.
https://seekingalpha.com/article/4140703-universe-edge-restaurant?sht=p3a1ld&shu=8wcf#comment-77507865
From a distance, I've been following the contrarian school of thought ever since the fall of '08. I say "from a distance" because I am neither an economist, nor a significant investor. I am a mere citizen who happens to be a consumer, an American, an author and a semi-retired person, age 66.
This contrarian school of alarmist financial analysis generally demonstrates a perpetual amazement; their astonishment revolves around the credit-mongering house-of-cards built by the central bankers of our preset world (the Fed, EuroCBank, Bank of Japan, People’s Bank of Japan, etc.). It’s not that the contrarians have much respect for of the central bankers’ delicate arrangement of interlocking currencies and trade incentives; rather, their astonishment arises from the mystery of why it has not yet fallen apart and produced a new crash.
You see, this new international construct is not founded upon traditional economics, but rather (as it appears to this layman) upon that (at the time) new-kid-on-the-block upstart school founded in the 1930’s by Mr. Keynes; it’s all about governments and banks perpetually tweaking national/international money spigots to produce certain desired effects.
Our current zombified house-of-cards scenario has been at work for a decade or so now, ever since the crash of ’08, with its aftermath of Great Recession or great whatever-it-is.
Getting back to the source of this present article: This morning I was reading Mr. Grant’s take on the present situation and comparing it for the umpteenth time to the contrarian undertow that continues to make perfect sense. This bearish complaint corner has been going on for so long I'm beginning to wonder if the fiat-wielding central bankers have actually managed to change, by their manipulations, the fundamental nature of money.
Maybe we actually are now in a brave new world where the old rules of debit/credit will never again apply.
With all these electrons flying around the planet--all these monetized digital representations of presumed wealth and bank-enabled assets--haven't we truly ditched the old gold-backed world of currencies-dollars, pounds, francs, marks, drachmas, denarii, Euros, rubles, shekels, yen, yuan, SDRs and zlotys?
Could Bitcoin and such be nothing more than a flash-in-pan death-throes sparkle signifying the end of our great age of post-BrettonWoods expansion?
Might this extended wave of central banks’ Quantitative Easing actually turn out to be the debt-driven tidal wave that propels us into a land that prime forgot, where all the rules and practices of days gone by are tossed aside forever in the liquidity flood and trash heap of history?
We're getting to a precarious place now where the only solution will be to tear up the score-cards, balance sheets, and start over. The central governments of the world are forever indebted to the central banks of the world. It certainly seems that way to this observer. I'll be surprised if we ever get back to what Mr. Smith called "the wealth of nations."
We ain't in Kansas any more, Toto. Exactly where we have landed is unclear. And it just might be that tapping our ruby-slippered heels of old-school analysis are gone with the wind.
When this whirlwind of fiat-instruments does wind down to a dull roar and all the chips fall where they may, who/what institutional entities will have wrangled control of the new asset-spewing beast? Whatever that entity turns out to be--it (they) will be in a position to dole out the newly-zombified assets to the world's surviving movers and shakers. I guess most of us out here in lala land will be quakin' in our boots.
As for us commoners, we may all of us have to settle for a mere meal-ticket while the big chips get re-assigned.
A meal-ticket on a card or a chip, of course.
What troubles me is: what new rules or allegiances will be demanded by the powers--that-be?
What will it cost us, John Doe/Jane Smith, to even get in the game?
King of Soul
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