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Page added on June 29, 2020

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Kunstler: Beware of What You Wish For

Public Policy

Apart from the 150 people shot (25 killed) in Chicago, the week after Father’s Day had the quality of a time-out from widespread anarchic violence that the Democratic Party has unleashed upon the nation to distract the public from the party’s lack of a viable election candidate or any credible platform of ideas for managing epic economic contraction. The contraction was already underway before Covid-19 greatly accelerated the damage.

Whipping up a moral frenzy over alleged “systemic racism” adds a nice overlay of psychological damage to a population reeling from economic loss, keeping them enthralled to phantoms, figments, and apparitions while all their familiar arrangements unravel around them. Last week’s pause in the action only portends a resumption of hostilities culminating in July Fourth, when the nation traditionally throws a birthday party for itself. No celebration will be allowed this year. But there may be plenty of marching, moiling, and mayhem.

Wokester Central has already established the story-line that the USA was a criminal enterprise from the start and that it must be smashed to set free the genius energies of Wakanda — currently misdirected in the suicidal gunplay seen in Chicago and other places of concentrated urban poverty. It’s pretty obvious that the uproars of Black Lives Matter (BLM) and its Antifa allies are to some degree centrally organized. They have access to plenty of cash, thanks to funding from George Soros’s Open Society Foundation, the Ford Foundation, and an array of showbiz-oriented corporate supporters. You can be sure that there will never be any accounting for it, since that would be labeled “racist.” The news media has shown zero curiosity about how exactly the money is being used — or merely distributed among those in the upper echelons of the hustle.

Based on the emails coming in here, some readers are baffled as to why I call BLM “a hustle.” I define a hustle as an effort to influence other people by dishonest means to give you something. Black America has received a tremendous amount of sympathetic assistance from the rest of the country since the 1960s, when the US government officially acknowledged the raw deal they’d gotten in slavery and Jim Crow segregation and passed landmark legislation to try to correct it. Doing so was a moral necessity when the USA posed as “leader of the free world.”

The effort has continued for decades with less than satisfactory results. A lot of well-intentioned help over the years had unfortunate unintended consequences. Everybody knows that the cash assistance programs created a pernicious culture of government dependence, hindered black family formation, and rendered black men superfluous except in sports and showbiz. Affirmative action in college admissions was undertaken mainly for institutional moral showboating, often with tragic outcomes for young people unprepared to perform there.

A large share of the black demographic remains mired in economic failure. Ending racial segregation was surely a moral imperative, but one tragic byproduct was the destruction of the old mirror economy of black middle-class business and professions. A lot of that was replaced by employment in various public bureaucracies, with jobs ranging from useless to pointless to hopelessly corrupt and inimical to the real common good. The evidence is right there, on-the-ground, in Newark, Baltimore, Philadelphia and many other cities. The rest of the country pretends not to see it because they are ashamed about how things turned out. They are even more desperate to seek phantom explanations and “systemic racism” covers it with elegant simplicity. No need to think further.

I don’t have the exact numbers, but it’s likely that the Covid-19 lockdowns took out disproportionately more jobs held by black Americans in low-paying food prep, hotels, and other service industries. A lot of those businesses will not be coming back to anything like their former levels of activity and employment. Of course, all other racial groups in US are getting battered by job loss, too, but they are expected to find solace in their whiteness, Asian-ness, Hispanic-ness, et cetera.

Pretty clearly, the next move for black America is the demand for cash reparations for all their historical indignities. That’s the hustle-of the-last-resort. One can easily predict the fiasco it will lead to. A Democrat is elected in November and reparations are enacted by congress. They’ll come out with some figure, whatever tortured process it takes. They’ll do it in the same fabled hundred days that they legislate trillions of dollars in other programs aimed at replacing lost private business with government dispensation… of everything… based on… what?

Well, not on the production of anything of value. Really just on more debt. The new crop of political leaders, like the old crop, will overlook the fact that the American economy blew up in 2020 because it had been running on debt, one way or another, for more than a decade, and we actually exceeded our ability to take on new debt. So, when the new administration borrows trillions more from itself, it will finally destroy the dollar. Within a few months, the value of reparations — whether $100,000 or $10 million per individual — will run to zero. The joke will be on everybody. Except guess what. It will be no joke.


Note: I am posting on Parler now as jhkunstler.

Kunstler



114 Comments on "Kunstler: Beware of What You Wish For"

  1. Abraham van Helsing on Wed, 1st Jul 2020 2:46 pm 

    This is for the cloggo:

    “What Would It Take to Dethrone the Dollar?”

    His country around him is burning but empire clamps himself to his reserve currency.

  2. joe on Wed, 1st Jul 2020 2:58 pm 

    Democrat cities are the New South.
    1. Racially divided
    2. Desperately poor blk population unable to escape the poverty trap
    3. States cant pay for basic services cutting budgets like crazy under the giuse of wokeness.
    4. Modern John Browns running the streets shooting people for ‘justice’
    5. CHAZ zones where the white ‘security forces’ (not the cops) shoot unarmed blk kids. Whos gonna kneel for the kids murdered in CHAZ by the self appointed police running around with automatic weapons, wheres the lefty antigun lobby now?
    6. Billionaire elites in the megtroplouses lording it over the blk and ignant wht mobs. Dem cities are mini Russias, fwke woke deepstate oligarchs robbing the masses on twitter and Facebook.

    Next walls will be built around NY and Minneapolis and Seattle.
    I got a job for Snake Bliskin.

  3. joe on Wed, 1st Jul 2020 3:41 pm 

    Defund AOC! Defund Big Cities! Save the environment! Nuke China and Mecca just to make sure!!!

  4. Abraham van Helsing on Wed, 1st Jul 2020 4:34 pm 

    Well done, Donnie!

    https://edition.cnn.com/2020/07/01/politics/donald-trump-black-lives-matter-confederate-race/index.html

    “Trump calls Black Lives Matter a ‘symbol of hate’ as he digs in on race“

    DJT pulls the plug on America.

  5. Abraham van Helsing on Wed, 1st Jul 2020 4:55 pm 

    Britain ready to take in up to 3 million Hong Kong citizens.

    https://www.telegraph.co.uk/politics/2020/07/01/british-citizenship-offered-nearly-3-million-people-living-hong/

    “UK offers British citizenship to nearly 3m people living in Hong Kong after China’s security crackdown”

    Umm, wasn’t Brexit about reducing immigration?

    Ah well, at least these 3 million are non-white and perhaps these city dwellers turn out to be good at bringing in the harvest.

  6. Abraham van Helsing on Thu, 2nd Jul 2020 3:26 am 

    Fortress Europe latest:

    https://europe.infowars.com/greece-preparing-to-install-floating-barrier-system-to-block-migrant-boats/

    “Greece Preparing to Install Floating Barrier System to Block Migrant Boats”

    While America is crumbling, continental Europe is stepping up its efforts to defend itself against the third world. Land borders with Turkey are fortified and now barriers are installed in the sea to prevent the Muslim and African mob to overrun Europe.

    In other positive news, Putin has strengthened his grip on Russia and probably will be around until 2036 and oversee and manage the end of empire and rebirth of continental Europe, including Russia.

    More signs that the libtard NWO is biting the dust: China has just wiped its *rse with the agreement with London about Hong Kong remaining libtard until 2047. It feels strong enough to impose its rule already in 2020. Expect Taiwan to fall soon as well. All finger exercises for the jump towards Australia and eventually Vancouver.

  7. Abraham van Helsing on Thu, 2nd Jul 2020 3:43 am 

    Letting termites into your home is never a good idea.

    https://www.eurocanadian.ca/2020/06/a-rebuke-to-samia-hennis-coloniality-of-executive-order.html

    “A Rebuke to Samia Henni’s ‘The Coloniality of an Executive Order’”

    “Algerian-American” calls for taking down buildings of European origin in America. She’s on the payroll of Cornell and probably will be promoted to professor level because of her views by that nice president of Cornell, mrs. (((Martha E. Pollack))) and her right-hand man (((Michael Kotlikoff))).

    First they came for the statues, next they’ll come for the buildings, finally they’ll come for the European-Americans, who thought they could afford a vacation from the Darwinian struggle for life by shouting “racist” or “nahtzi” real hard.

    World history = story of inter-ethnic competition. People who don’t fight, lose.

    Period.

  8. Davy on Thu, 2nd Jul 2020 4:56 am 

    “While America is crumbling, continental Europe is stepping up its efforts to defend itself against the third world. Land borders with Turkey are fortified and now barriers are installed in the sea to prevent the Muslim and African mob to overrun Europe.”

    LOL, the cloggo thinks floating barriers will save him from demographic realities.

    “In other positive news, Putin has strengthened his grip on Russia and probably will be around until 2036 and oversee and manage the end of empire and rebirth of continental Europe, including Russia.”

    Pretty obvious Russia is a one-man story in many ways so when Putin is gone the mafia men bellow him will be back to the old ways. Putin is just the Don of Dons’. cloggo’s story just relates how shallow Russia is politically. I admire Russians and Putin but not much more than anywhere else. The place is still a precarious place to govern.

  9. Abraham van Helsing on Thu, 2nd Jul 2020 5:53 am 

    “LOL, the cloggo thinks floating barriers will save him from demographic realities.”

    I do. The Iron Curtain worked perfectly as well for decades. But the main difference is, we have a will to survive where you prefer impotent virtue signaling. You will deny reality until hungry St. Louis bros will show up at your goat farm in their pickups.

    https://tinyurl.com/yd2hge9p

    “Pretty obvious Russia is a one-man story in many ways so when Putin is gone the mafia men bellow him will be back to the old ways. Putin is just the Don of Dons’. cloggo’s story just relates how shallow Russia is politically. I admire Russians and Putin but not much more than anywhere else. The place is still a precarious place to govern.”

    Translation: Russia will survive America, because the former is a real nation, with a gentile ruler, where your owners successfully are busy to destroy your demographic from within.

  10. Davy on Thu, 2nd Jul 2020 6:35 am 

    “What Next Wednesday – Fauci Fears 100,000 New Cases a Day, Market Soars”
    https://www.zerohedge.com/news/2020-07-01/what-next-wednesday-fauci-fears-100000-new-cases-day-market-soars

    “The US “is not in total control”. That’s quite the understatement from Dr. Anthony Fauci, who warned the Senate yesterday that daily new virus cases in the US were trending towards 100,000 per day. That would knock out the entire population of Wyoming in 15 days! The country is now reporting nearly 40,000 new coronavirus cases every day – almost double from about 22,800 in mid-May – driven largely by outbreaks in a number of states across the South and West. “I can’t make an accurate prediction but it’s going to be very disturbing,” Fauci told the Senators. Keep in mind that 100,000 people a day is 3M people per month which means 1% of our population will be infected each month and that means that in two months, 1 in 50 people will have the virus and how likely is it that we can stop the spread at that point? 1-2 months later, 1 in 25 and 1-2 months after that 1 in 12. Hey I know – let’s keep doing almost nothing, right? “

  11. Anonymouse on Thu, 2nd Jul 2020 6:41 am 

    What Next Wednesday – Fauci Fears 100,000 New Cases a Day, Market Soars”
    https://www.zerohedge.com/news/2020-07-01/what-next-wednesday-fauci-fears-100000-new-cases-day-market-soars

    The US “is not in total control”. That’s quite the understatement from Dr. Anthony Fauci, who warned the Senate yesterday that daily new virus cases in the US were trending towards 100,000 per day. That would knock out the entire population of Wyoming in 15 days! The country is now reporting nearly 40,000 new coronavirus cases every day – almost double from about 22,800 in mid-May – driven largely by outbreaks in a number of states across the South and West. “I can’t make an accurate prediction but it’s going to be very disturbing,” Fauci told the Senators. Keep in mind that 100,000 people a day is 3M people per month which means 1% of our population will be infected each month and that means that in two months, 1 in 50 people will have the virus and how likely is it that we can stop the spread at that point? 1-2 months later, 1 in 25 and 1-2 months after that 1 in 12. Hey I know – let’s keep doing almost nothing, right?

  12. JuanP on Thu, 2nd Jul 2020 6:41 am 

    Anon, you stupid fuck, Davy just said that

  13. REAL Green on Thu, 2nd Jul 2020 6:48 am 

    “What Next Wednesday – Fauci Fears 100,000 New Cases a Day, Market Soars”
    https://www.zerohedge.com/news/2020-07-01/what-next-wednesday-fauci-fears-100000-new-cases-day-market-soars

    “The US “is not in total control”. That’s quite the understatement from Dr. Anthony Fauci, who warned the Senate yesterday that daily new virus cases in the US were trending towards 100,000 per day. That would knock out the entire population of Wyoming in 15 days! The country is now reporting nearly 40,000 new coronavirus cases every day – almost double from about 22,800 in mid-May – driven largely by outbreaks in a number of states across the South and West. “I can’t make an accurate prediction but it’s going to be very disturbing,” Fauci told the Senators. Keep in mind that 100,000 people a day is 3M people per month which means 1% of our population will be infected each month and that means that in two months, 1 in 50 people will have the virus and how likely is it that we can stop the spread at that point? 1-2 months later, 1 in 25 and 1-2 months after that 1 in 12. Hey I know – let’s keep doing almost nothing, right?“

  14. Abraham van Helsing on Thu, 2nd Jul 2020 7:08 am 

    They are our sheep!

    https://www.dailymail.co.uk/news/article-8481405/HUNDREDS-arrested-Hong-Kong-crackdown-riot-police-clash-protesters.html

    “China vows RETALIATION against Britain over plan to let three million Hong Kongers settle in UK after hundreds are arrested in crackdown – as man who stabbed police officer is arrested boarding flight to London“

    Little chance China will allow 3 million people to escape from HK to the UK.

    Australia and Taiwan would take in refugees too from HK.

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