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A season in hell may be just the thing we need

by Herb Ruhs, MD

June 3, 2007
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Mike Whitney is my favorite economic soothsayer. Here is a quote from his latest article, "The Impending Global Liquidity Crisis."
 
Excerpt: The United States is handing over 1.5% of its national wealth every year to foreign investors while the American public continues to snooze away.

We’re having a giant garage sale and everything must go---roads, water, mineral rights, natural gas etc. We’re getting “picked clean” and no one seems to care.

The boys in Washington and Wall Street don’t work for you and me. They’re destroying the currency and selling everything that isn’t bolted to the floor. Then, they’ll pack-off to Asia and Europe where they can begin the scavenging-cycle all over again.

My preferred metaphor is that the US is like a old ship being secretly scavenged of everything of value preparatory to opening the sea cocks and sending it, and all its clueless passengers, to the bottom. Actually, a season in hell may be just the thing we need to wake us up and
 
Can we avoid a hot civil war (read class war) when it becomes necessary to redistribute wealth and resources in order for the country to survive?

Will we be able to avoid vengeance from the rest of the world that has lived for so long now under the US military boot?

Will the madmen left in charge when the big money interests abandon ship turn to nuclear war in a last, terminally insane effort to rescue an irremediable situation?

Or will catastrophic climate change just make it all moot?

Stay tuned to reality and turn off your TV.
cause us to take charge of our lives again and stop taking candy from strangers. When tragedy becomes inevitable the work becomes avoiding panic and returning to higher moral and ethical standards.

One way out would be for the US, which still has sufficient resources to support a much lowered standard of living, to REALLY close our borders, meaning closed to capital as well as immigration (that problem will solve itself with the coming economic collapse), repudiate our debts, outlaw foreign ownership and brand the foreheads of everybody who was connected with this debacle with a big TA (for traitorous asshole).

Can we avoid a hot civil war (read class war) when it becomes necessary to redistribute wealth and resources in order for the country to survive? Will we be able to avoid vengeance from the rest of the world that has lived for so long now under the US military boot? Will the madmen left in charge when the big money interests abandon ship turn to nuclear war in a last, terminally insane effort to rescue an irremediable situation? Or will catastrophic climate change just make it all moot? Stay tuned to reality and turn off your TV. It is getting exponentially more interesting by the day.

These financial mega scams are nothing new, as Whitney points out. In fact the US experiences in 1837 and again in 1929 were from the same script.

However, at those points in our history US resources were vast and recovery from these financial traumas was possible. That was then, this is now.

Fasten your seat belts, dump debt, plant the food you plan to eat and hope that our military doesn't go even more nuts. Think of it as a program of mass involuntary simplicity that can't not lead to greater spiritual awareness, unless, of course we loose it completely and just turn into a nation of real cannibals rather than just the metaphorical kind.

Have you read The Road by Cormac McCarthy yet?

herb   

  I will check it out tonight, so to speak and maybe literally, at the library.

Helen & Harry

Doc Herb replies
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