Suspended Civilization (James Howard Kunstler)

[Tace]

James Howard Kunstler -- World News Trust

Dec. 4, 2011 -- Question du jour: why is Jon Corzine still at large?

In what fabulous Manhattan restaurants has he been enjoying plates of cockscombs and lobster with sauce hydromel and cinghiale ai frutti di bosco, while less well-connected citizens of this degenerate republic have to order their suppers from the dumpster in the WalMart parking lot where they have been living lately.

Is there still an Attorney General in this country? Will somebody please follow Eric Holder down a hallway and see if he leaves a trail of sawdust on the floor. Or did congress just retract all the fraud statutes by stealth in the same way that the Federal Reserve handed out $7.7 trillion in bailouts back in 2008 (much more than the generally accepted figure of the $800 billion TARP) without anyone finding out until three years later when some Bloomberg reporters rooted the numbers out of a Freedom of Information Act (FOIA) filing.

And by the way, what is the U.S. Federal Reserve doing handing out billions of dollars to the Royal Bank of Scotland? Was Scotland admitted to the Union by stealth, too? Or did Jamie Dimon just buy it as a birthday present for Barack Obama, who likes golf.

This is what life in the USA is like nowadays: shit happens and shit un-happens, and you find out about it years later. Only a desperate and hopelessly degenerate nation would choose to live this way, in a law-optional society, in which money means everything, and yet nobody even knows what money is (or where it goes, and what it does when it goes there.)

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http://worldnewstrust.com/suspended-civilization-james-howard-kunstler.html

[kenny blankenship]

1. Hey now! Corzine SAID he didn't know where the 1.2 Billion dollars got to. No idea.

He answered the question. What do you mean to do - hound him about it for the rest of his life? It's not like a billion dollars is a lot of money anymore... I'm sure the Atty General of the United States has many more important matters to look into. Are there not still Medical Marijuana clinics operating somewhere in the states? Are we sure that teenage girls aren't buying Plan B pills without informing their parents and getting a Dr's prescription? Aren't there still some loose guns and violent gangs that he could be bringing together?

[Tace]

3. There's Hippies Camping In The Park!

It's a freaking commune!

[Doctor_J]

2. Obama's DoJ is enough to keep people from voting for him all by

itself. An absolute debacle

[bhikkhu]

4. The TARP $800 billion became $7.7 trillion via 21,000 short-term loans

...as in, if you had a dollar and loaned it out a hundred times (getting paid back each time, of course) you could say you loaned out $100. The larger figure sounds much more impressive and easier to fire people up with, but I suppose everyone who really cares knows the difference already. It's all been public since 2008, and as it happened, except for some of the names and individual amounts (as the banks were most concerned that they not appear to be on shaky ground).

Kunstler is a great writer I think - other than that little quibble its a good write-up.

ed: sp.

[Overseas]

5. K&R.