The quickly-approaching light. A full-scale meltdown.

The quickly-approaching light at the end of our tunnel this election cycle is a turbocharged, nuclear-powered locomotive, the likes of which we've never seen. It will arrive at our station well BEFORE we cast our votes in November.

In fact, if you read below the fold, it's already arrived...today.

Unbeknownst to the majority of U.S. society, due to a total lack of responsible reporting of the facts by the MSM, it is now self-evident to this diarist that the sky really is falling.

An impending perfect storm--or more accurately: a perfect shitstorm--unlike anything America has seen as a society, perhaps ever, is about to play out between now and our General Election this November. In part, due to 7-1/2 years of the most irresponsible leadership our country's ever seen, there are forces at work mostly now totally beyond our control that foretell true gloom and doom for America for many years, if not decades or generations.

We appear to be on the brink of World War...again.
Israel will--more than likely--attack Iran in the next few weeks or months.Public opinion will significantly shift toward the right once this occurs.

In the past few months--and certainly within the past few days and weeks--the U.S. has LOST almost all of its financial credibility. Our word means nothing. Unbeknownst to most, our economy really is in a shambles; and it's about to get much worse.
Stories  now being widely circulated throughout Europe that a full-scale meltdown of the U.S. economy is imminent. The most recentconventional wisdom throughout the rest of the world is that the U.S.'s credibility, with regard to the management of our own economic affairs is at best, incompetent, and more than likely, downright dishonest. And, without any perceived credibility and integrity behind the management of our own monetary policy, most of the rest of the world's developed countries are taking matters into their own hands.

Here's just a little of today's press coverage...it is very, very, very ugly:

"RBS issues global stock and credit crash alert."

Morgan Stanley warns of 'catastrophic event'

Let me spell just a little of this out for us:
--Inflation, the likes of which we've never seen.
--Devaluation of our currency, the likes of which we've never seen.
--No municipal bonds in the near-term, no student loans, little or no credit. Anywhere in the U.S.

$200 per barrel/$7 per gallon oil will be upon us by Fall.
The declining value of the dollar, world unrest--see above--and demand from outside of our country all but assures that this will occur.

The most obvious sign of global warming to date will become a reality in weeks. There's a 50-50 chance that the brief but complete elimination of ice on the North Pole will be noted by the press in early September.

So, let's continue with our self-absorbed rants about minor, day-to-day occurrences relating to our national election. Have a drink. Smoke 'em if you've got 'em. (Whatever "em" might be.) If we, as a group, don't dramatically change the focus of our own commentary--virtually immediately--we are truly screwed. Truth be told, it's already too late. In fact, it's virtually to the point where there's little we can do about this light at the end of the tunnel coming down the tracks even with us recognizing it for what it is: A TRAIN.

Please consider this a call from a fellow blogger to shift our focus away from the daily (often inconsequential) nuances of our Presidential campaign. Rome is burning. We'll be proverbial toast before either Obama or (god forbid) McCain take office in January. IMHO, it's time we started focusing a LOT more of our attention (spent) here on these critical and very time-sensitive realities. Right. Here. Right. NOW!

I will do my bit to shift the conversation. Will you?

Tags: 2008 Presidential election, Blogosphere, Economy, Iran, Israel, life as we know it in the U.S., Media, meta, MSM, world order (all tags)

Comments

9 Comments

Tips and rec's for changing focus. n/t

by bobswern 2008-06-29 11:52AM | 0 recs
Well

I can't say you're entirely wrong.  We're in all kinds of trouble, and we may have already run out the clock.

by Reaper0Bot0 2008-06-29 11:54AM | 0 recs
If we're truly screwed,

I think I'll drop this whole politics thing and focus on drinking and fucking.

by Mobar 2008-06-29 12:00PM | 0 recs
Nah. Too late. You're already fucked.

And, you're about to get screwed a lot more than you ever thought possible, too! That goes for all of us.

by bobswern 2008-06-29 12:03PM | 0 recs
Yes. That's my point.

There are bigger fish to fry than much of what we're blogging about right now. Time to shift focus. As in, yesterday. "Today" may already be too late.

by bobswern 2008-06-29 12:01PM | 0 recs
Re: Yes. That's my point.

I knew we were fucked, one way or another, when we bailed on Kyoto.

by Reaper0Bot0 2008-06-29 12:51PM | 0 recs
Re: The quickly-approaching light. A full-scale me

This really is a simple thing to avoid.

Invest in solar and wind to the tune of ~300 billion this year at set rates not to exceed 100% subside for  $4 per watt installed or 50% of $9 per watt installations

This will Devalue dollar which will bring back manufacturing to ohio and penn.

And that 300 billion will cut into oil immediately thus slowing the rise in oil prices.

The cost of solar and wind and nuke will drop per watt and we will finish the excercise next year with another 300 million.

The drop in the dollar will force us to make the steel and solar panels in the usa.  Oh nooooes.

The massive inflation will wipe out bill gates millions but also wipe out my mortgage payment via higher rent and higher wages (prior to adjustment for inflation but my mortgage is fixed =)  )

by dtaylor2 2008-06-29 12:53PM | 0 recs
Re: The quickly-approaching

We don't have the money, first of all.  Secondly, wind is only useful in certain areas and not entirely predictably.  Thirdly, solar panels are still quite expensive.  Yes, I know the price has dropped and the whole point of your subsidies and research would be to bring down that price, but it's a huge gamble.

You want to tank the dollar even further?  You do realize that this will cause massive numbers of American companies to be bought by foreign firms, right?

Also, you refer to $300 billion, then $300 million.  Which is it?

The massive inflation you describe would destroy huge sectors of our economy.  People starve when you hit hyper-inflation.  Sure, you can pay off your mortgage, so you've destroyed the banks, but they were probably gonna go down anyway.

Good luck getting anybody to lend anybody else any money once the dollar gets back under control.  

Your scenario would basically destroy the American economy and kill a lot of people.

by Reaper0Bot0 2008-06-29 01:06PM | 0 recs
Re: The quickly-approaching light. A full-scale me

recc'd for "Smoke 'em if you've got 'em"...

by rankles 2008-06-30 03:35AM | 0 recs

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