This is going to be a great Depression. Not with a capital "G" like the 30s, because the tech economy is real and the Depression will be blogged. I heard a TV economist say in regards to the recession that, "it will be longer and deeper than initially imagined." That's what I told my wife on our wedding night and I was lying, too. There is too much entrepreneurial spirit out there to keep the American economy stagnant for long and once we chase the money changers from the Temple, perhaps free enterprise will be a bit freer for all without the old fix in place. Watching the Obama administration come together has been exhilarating just for the pleasure of watching a President who actually knows what he's talking about and can string more than two coherent sentences together. The economy is kicking the crap out of me, but I have such confidence that conditions will improve. It's like when you have a terrible cold and you smoke a joint. You still have the cold, only you don't care as much. I have no health insurance, but Sasha and Melia are adorable.
The question is, can't we speed this thing up? If you've been following the final days of Chuckles, you're aware that Bush would strip mine Jellystone Park if he could get away with it. He's attempting to turn as much public land over to his oil buddies as will fly under the radar and trying to see how many animal species he can bring to the brink of extinction. Tennessee used to have a governor named Ray Blanton who was as crooked as a spring twig. It was discovered that in his lame-duck days, he was selling pardons, or technically, his staff was shopping pardons that he then approved. The citizens of the Volunteer State ended up having to jerk his ass out of there and swear in the new Governor several weeks early to end the crime spree. Al Capone finally went down for income tax evasion, can't we arrest Bush for loitering?
Even the massive bailout of the economy doesn't overly concern me, except for I'd like to know where this barrel of money is that they're doing the bailing from. To paraphrase the late Illinois Senator Everett Dirkson, "Twenty billion here, twenty billion there, soon you're talking about real money." If the banks are hoarding the money, print notes with Bush's picture on them, call them Bush Bucks, and the banks will work late to get them out the door. The Big Three automakers are deserving of scorn for their thirty years of neglect, but I know that they already possess the technology to turn on a dime and start making solid vehicles. It's the oil and gas lobby that has kept the internal combustion engine king, although its planned obsolescence was probably considered along with tail fins. There is a 2006 documentary that you need to see, now on DVD, called "Who Killed The Electric Car?" directed by Chris Paine. These emission free, silent, and powerful vehicles already exist and are in need only of battery charging stations instead of gas stations. Here's a thought: Give them the loan, but put Arnold Schwarzenegger in charge of fiscal discipline.
This dire economy and grim retail season have shown us one thing. If you want the price to drop on a certain commodity, stop buying it. I received dozens of emails about boycotting Exxon or just buying gas on Wednesdays when all that was required to make the price of oil drop like the Times Square New Year's Ball was to stop driving. Oil prices dropped so precipitously, they had to put Ahmedinijad in the hospital for nervous exhaustion. We are a one car family now. I purchased a Honda scooter that gets 85 mpg. Want to know how to decrease the price of electronics, computers, and televisions? Stop buying that shit for awhile, and even customer service might return. My stepson was ultimately glad he didn't buy the iPhone on it's first day of release. So long Circuit City, so long Rite-Aid; you could have done so much better.
The Obama team has shown great skill already in warding off what potentially could have been a general panic and run on the banks. And in foreign affairs, those "Extenze" male enhancement tablets Hillary has been taking finally paid off for her. Now she's got the biggest balls in the cabinet and a job to match. Her selection as Secretary of State was inspired, as was Bill Richardson at Commerce. And you can't help but admire Robert Gates for his patriotic service in staying as Secretary of Defense while we wind down Rumsfeld's and Cheney's dirty business in Iraq. Despite the debris field caused by the Bush era, the cleanup feels well under way. It almost seems like prosperity's just around the corner, every man's a king, a chicken in every pot, and some pot for every chicken. I plan to endure the entertaining economic chaos with my chin up and my eyes open, and if I should falter, tell my family that I fell with my face to the enemy.
Since beginning Born-Again Hippies in 2005, this is my 101st posting. Thank you for reading and all your comments, Randy
5 comments:
Thanks, Randy, for these past 101 moving moments in bloggery! Reminds me of the reason why I started reading Playboy back when Hugh had a smaller Mansion and bigger aspirations. I look forward to your continued
perspective as we turn this new page - or rather throw out the old Yearbook of Crooks and start afresh.
best,
Will Morgan '67 aka Jelvis, The Jewish Elvis
ps Go to
http://www.couscousglobal.com/page/1618/en
to see us in action in Miami this sept/nov!
I just wanna see you on that Honda Scooter.
-Jake the Rake
I really don't want to sound naive, however, I always thought that "Bush Bucks" were the rate of exchange you paid a Hooker for services rendered. Could you please confirm the definition. Or maybe, is it that you you have no respect for The Lame-Duck "W" and your actually calling him a Whore.
Obama has done nothing to stop a run on banks. What an absurd assumption.
And to Jelvis, the crooks are still there. They are called "Congress"
It's such an absurd assumption, that when Obama said the FDIC needed to increase the amount of personal savings account protections, the next day the FDIC doubled the amount of insured deposits to retain some semblance of liquidity. I'd say that was to protect against a run on the banks, in the midst of other major bank failures.
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