patrick.net

Yeah, I hope this guy is correct.

I see some chickens eventually coming home to roost for the creeps at the FBI for sure. They foolishly texted and emailed things which are now known.

I hope Mueller, Hillary, Comey, and their ilk all suffer the same fate of others who are broke from being prosecuted. Well, it will be impossible for Hillary to go broke so I'll just have to hope she does time before she strokes out.

You left out the good part about the economy...and the Donald headlining as a Bizarro Santa Claus

Ill winds sweep across the fruited plain in the cruel heart of winter. America can resolve nothing. The state-of-the-union is a kind of hysterical nausea, and the nation hunkers into its crib of toxic diverse identities waiting for history to bitch-slap it back on its feet. History’s big sister, Reality, stands by, witnessing all. Spring… is… coming….

Things break up in spring. Nature unlocks what was frozen. The bodies emerge from the melting ice and ripen. The air is electric and thunderbolts frighten the gathering mobs in the public square, the Walmart parking lot, with rumors of war. The earth shakes and monuments fall. That’s how it’s shaping up for 2019.

Sometimes nations just lose their shit. The complex collapse of American life proceeds as the public and its leaders fail to comprehend the forces in play. What the Federal Reserve actually accomplished with its ten years of extend-and-pretend policy was not an economic “recovery,” but a degenerative disease of the social contract. If you look more closely, you can sense what will be unleashed when the ground thaws.

There will be a reckoning in the financial markets. Something ominous is rumbling over in bonds. No more high-yield for you!

Among the victims of a credit freeze in “junk” (high-risk) lending: the shale oil industry. Watch it start to roll over this spring as money becomes unavailable for the exorbitant operations that comprise fracking.

The swift collapse of the shale oil industry will shock the country, but it is really just the downside of its improbably rapid and acrobatic rise since 2005 on the false premise that profits don’t matter in a business venture.

Only the fall will be even sharper than the rise: a few measly years. And, of course, the bond market represents the supreme untruth of the age: that debts can be racked up forever and never paid back.

Mr. Trump will be left holding a bag so large that observers may mistake him for a Bizarro Santa Claus. But the baggage within will not consist of sugarplums. It is actually stuffed with bankruptcy filings and pink slips.

A year from now, there may be no such thing as a hedge fund left on the planet Earth. Or a job opening, unless you’re really good at weeding or picking fruit.

Mr. Trump will attempt a rescue, but so did Herbert Hoover, who had a good three years to try this-and-that while the Depression stole over the land like a deadly fungus. The difference, of course, is that Mr. Hoover was acknowledged as a most brilliant mind of his era, and yet Reality had her wicked way with him, anyway.

http://kunstler.com/clusterfuck-nation/in-the-deep-mid-winter/

Trump is doing what he can for American workers in the face of Democratic attempts to undermine their wages with illegals.

Patrick says

Democratic attempts to undermine their wages with illegals

You mean all this time since the 1970s it was entirely the fault of the illegals and the DNC and nothing to do with corporate greed, share holder value, activist investors etc. that have kept wages stagnant ?

Not even trickle down ?

Just the illegals and the DNC ?

Patrick says

Trump is doing what he can for American workers

Photo ops aren't going to cut it (Carrier, remember them?)

U.S. steel is not building 6 new plants, U.S. Steel is not going to create 1,000s of new jobs, the Republic Steel plant they are trying to get restarted will go right back under with the next recession. Doubt the Steelworkers union will be welcomed back as well.

The party is coming to a close Patrick. The GOP should pray it doesn't get too far gone before 2020.

The curtain is slowly being pulled back to reveal the ugly truth about the economy both here, there and everywhere.

When I find it again, I will post it but basically Trump has served his purpose with the tax cut etc. and is now dispensable to the real power brokers
since they have gotten most of what they want for now.

Has Kunstler ever been optimistic?

Ceffer says

Has Kunstler ever been optimistic?

Goddamnit, beat me to it.

The day Kunstler is optimistic, is the day I buy yams and 1000 AAA Batteries.

Millions of illegal workers drive down wages as do the legal foreign workers.

Anyone who thinks the millions of illegals in California are all farm workers is beyond clueless.

I know a Mexican guy who was living on a very small pension since he was around 45 and injured building a power plant in baja sur mexico.

He continued to have children and he was up to 12 when I visited his "home" such as it was. He really could barely feed them the foods which the govt. subsidized in Mexico.

So, of course I see on Facebook a few of the kids are grown up living illegally in California. One was a guy who called me up "Hey, I'm in Castroville now!"

Patrick says

Trump is doing what he can for American workers in the face of Democratic attempts to undermine their wages with illegals.

Yes TRump declared that tax cuts were the solution. At least that's what he implemented.

Or perhaps you were referring to the con job that all the Trump Cucks fell for back in 2016 ? Yeah, that's what he's doing. He's fighting for the workers. The gardeners, nannies and fruit pickers are going to cause the mother of all financial meltdowns. That is if it weren't for the tax cuts.

Maybe more tax cuts are the answer. Yeah, that's the ticket.

Kakistocracy says

You mean all this time since the 1970s it was entirely the fault of the illegals and the DNC and nothing to do with corporate greed, share holder value, activist investors etc. that have kept wages stagnant ?

No I don't mean that.

I mean that the Democrats have completely sold out labor. They used to be the party that defended labor against capital. Now they have no policies distinct from the Republicans except insane hatred for Trump.

Democrats have failed. They no longer have any reason for existence as a party. We need a real Labor Party to replace them. At the moment, the US Labor Party is only Donald Trump himself. It's not much, but it's all we got.

I loved watching the HuffPo Opinion Writers and Buttfeed lay offs cry.

Maybe they will learn a lesson about being anti-worker bourgeois cunts.

"Hurk Hurk, Welding, Disrupted. Snort, Snort. Whaddya mean I've been rationalized? I beat on the evil White Rustbelt Males!"

All their loyalty to the machine didn't pay off very well.