Tag «empire»

Reset

We’ve known this was coming for a long time. Every empire is built on a foundation of sand debt. The Ponzi scheme works for a while but, at some point, the debt we’ve passed along to future generations must be paid. The alternative is default, which can happen with extreme rapidity. The latter option is increasingly attractive because the current U.S. debt of $10.5 trillion far exceeds the value of all the currency in the world combined with all the gold ever mined from planet Earth. This seems like a problem to me.

The detritus of empire

The Economist finally showed up for the party, admitting late last week “the worst economic performance in 26 years could still be described as better than expected.” Yep, the vaunted hyper-conservative journal of record for the hyper-conservative financial sector finally conceded the economy’s in the tank and, calling it a recession, “this one is getting worse.”

The blame game

Thus, I trace the demise of political parties as disparate entities to Reagan’s election in 1980. With the 1980 election, the United States embraced a single ideology: economic growth. Political party no longer mattered because the ideology crossed party lines. And this dangerous ideology absolutely required imperialism.

A tiger’s tale

The Celtic Tiger is wilting under the pressure of rising energy prices. But in Ireland, as in the United States, it’s politricks as usual: The government is shielding the sheeple from reality, frantically building airport runways and expanding the country’s highway system to maintain the illusion of the status quo.

1984 in Laughlin, Nevada

I take heart, knowing the bloated cow of economic growth grows ever closer, ever more dangerous (and ever more odorous) with each turn of the imperial wheels: “Whoever is winning at the moment will always seem to be invincible.”

Earth: The Sequel

I’m an optimist, but I try to infuse my thoughts with the occasional dose of reality. It’s Endgame for the Empire. And that’s a very good thing.