It Got Serious In A Hurry, by Robert Gore
by Robert Gore, Straight Line Logic:
He’s a joke, but nobody’s laughing.
Trump’s five years were fun. He said things that provoked outrage among all the right people, often because they were true. You could laugh at their hypocritical idiocies, hysterical posturing, and sputtering anger. To paraphrase Oscar Wilde, anyone who can watch Keith Olbermann or Rachel Maddow without laughing has a heart of stone. Frothing anger fueled effort after effort to depose Trump until success was realized with overblown pandemic panic, riots, and a clearly rigged election. If nothing else, Trump exposed the mendacity, arrogance, incompetence, venality, and criminality of the Corruptocracy.
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Reality doesn’t invert. A corollary is that the severity of consequences from an inversion is the square of the distance between the inversion and reality. Consider the US military. It has disregarded the realities of the wars it has fought—the relative difficulty of invasion versus defense, the deadly effectiveness of guerrilla warfare and insurgency, the corruption, tyranny, and lack of domestic support for our puppets, and so on—losing every conflict since WWII, often after lengthy and in some cases ongoing engagements.
The current crop of corruptocrats have introduced yet another inversion in the military, the woke inversion. The military will now be graded on its commitment to combat-irrelevant factors: the racial, ethnic, gender, sexual preferences and political creeds of its forces, and their professed fealty to regnant political dogma. In other words, “diversity” in everything but thought.
This inversion is huge and given the distance squared corollary, it will soon render the armed forces incapable of fighting even a war for the protection of the United States proper. Given its ineptitude fighting offensive wars, the military will be completely useless. The defense budget, however, will grow ever more bloated.
Joe Biden aspired to mediocrity in his prime and it’s been downhill ever since. As for Kamala Harris: some are born hacks, some achieve hackness, and some have hackness thrust upon them. She’s all three. They and their string-pullers have taken things from fun to serious—deadly serious—in a little over two months.
Biden’s first executive order, shutting down the Keystone pipeline, set the tone. In the beautiful illusion that constitutes woke energy policy, renewable but intermittent solar and wind will soon replace fossil fuels, so why do we need fossil fuels and their pipelines (the cheapest and most environmentally friendly way to transport oil and gas). Everything will be electric—like those cool Teslas!—because electricity just comes from a plug.
Never mind the fossil fuels, minerals and metals that must be extracted or mined (nothing environmentally destructive there) to manufacture and transport solar panels, windmills blades, and batteries. Never mind the costly environmental challenges of disposing of them. Never mind the fossil fuels that are burned to provide the electricity for those plugs. Never mind the back-up power that must be supplied by fossil fuels for those times when the sun doesn’t shine and the wind doesn’t blow.
There’s blame enough to go around and lessons to be learned from the recent Texas weather and energy fiasco. One lesson that hasn’t been learned in woke energy circles is that it’s going to be a long time and many technological developments before fossil fuels are replaced by renewables. Until that day arrives, fossil fuels will remain an essential part of the mix and the ultimate back-up.
For political inverts who are fully woke but don’t know the difference between kilowatts and megawatts, it’s always just a matter of passing a law, promulgating a regulation, or signing an executive order. In their world, waving those wands makes it so. You want to get rid of fossil fuels? Decree them banished. Who cares about the consequences? Consequences will only matter to those employed by, invested in, supplying to, or buying power from the fossil fuel industry. They number in the millions and their dollars in the trillions, but many of them are ideologically retrograde, running-dog deplorables. Let ‘em freeze or swelter in the dark.
It’s a good thing the government has unlimited riches, it can just buy its way out of energy shortfalls or any other difficulties. The federal government produces unlimited fiat debt instruments (FDIs)—Treasury debt—and the central bank buys them with its unlimited FDIs—Federal Reserve Notes, aka dollars.
This exchange of imaginary money supposedly creates wealth effects that have replaced boring old savings, capital investment, and entrepreneurial activity as drivers of the economy. Asset prices elevate, the government’s GDP statistics hum while its inflation statistics slumber, and the rest of the world accepts FDIs for real goods and services. There’s even snake oil peddled by PhDs that blesses all this: Modern Monetary Theory. Wealth for all—without boring old work and deferred gratification—is just around the corner.
From the dwindling ranks of the reality-bound come those inevitable objections. The key word in fiat debt instruments is debt, which carries an obligation to pay it back sometime in the future. They can’t honestly pay back the debt they have now, why are they adding to it? The key word is honestly. The plan is to issue so many FDIs that they depreciate the value of existing ones, making them easier to pay back. None dare call it a swindle.
That millions of people and institutions stand on the other side of trades with a government that can, has, and will continue to swindle them through FDI debasement is one of the great mysteries of our time. That they do so while accepting only 1.7 percent interest for ten years as inflation runs well above that denotes not just inversion, but outright insanity.
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