Showing posts with label Ritual. Show all posts
Showing posts with label Ritual. Show all posts

Burning Man sucks!

SUBHEAD: Your desert party produces about the same amount of greenhouse gas as the nation of Swaziland.

By Katie Herzog on 21 August 2015 for Grist Magazine -
(http://grist.org/article/hey-burning-man-your-desert-party-sucks-for-the-rest-of-us/)


Image above: An aerial view of the Burning Man site looks like a uncontrolled oil rig fire. From original article.

Get ready, folks! The most magical time of year is almost upon us (August 30th to September 11th 2015).

That’s right: Burning Man.

Lest you mistake me for a tech billionaire with a penchant for fuzzy boots, hula hoops, group showers, and dudes named Dusty Unicorn — au contraire.

The reason I love Burning Man is because it’s the time of year when Burners gather up their MDMA (ecstasy)  and their body paint and commence to building tiny houses out of garbage or whatever it is they do out there in the desert.

It’s like the all the world’s performance artists get sucked up to Black Rock Heaven and the rest of us get a whole week without hearing about how Burning Man changed your life.

Even better — now that Burning Man has become a destination for wealthy brogrammers and venture capitalists instead of old freaks, it’s also the best time of year to visit the city with the highest concentration of Burners: San Francisco. See you soon, SF!

Now, nobody needs a reason to hate Burning Man; it can just be a feeling you have, like the way you hate strawberries or The Wire. But, if you ever need to justify your loathing of the annual pilgrimage to Black Rock City, here’s a great reason: Burning Man is bad for the planet.

This year, 70,000 people will land in Black Rock City (that is, if the apocalyptic bug infestation doesn’t change some minds). That’s 70,000 people who are traveling from all over the world, and they ain’t taking sail boats.

Plus there’s the actual burning man, a 100-plus-foot sculpture that is doused with gas and lit up while thousands of white people dance around it. So, just how much carbon does Burning Man burn?

Hard to know exactly, but last year LA Weekly unearthed a 2007 website called Cooling Man, where concerned Burners calculated the carbon footprint of the event. According to Cooling Man:
Burning Man 2006 generated an estimated 27,000 tons of greenhouse gas (GHG) emissions. This figure includes emissions from participant and staff travel to and from Black Rock City, as well as on-Playa power generation, art cars, fire art and, of course, burning the man. Dividing ~27,000 tons by ~40,000 people yields an estimated ~0.7 tons per Burning Man participant.
LA Weekly reported that 0.7 tons is actually double the weekly national average per person. And if we assume that the yield per Burner hasn’t changed enormously since 2006 (although it probably has now that Mark Zuckerberg and his buddies get helicoptered in) and update the numbers to reflect the 2015 crowd estimates, this year’s event will spew a minimum of 49,000 tons of greenhouse gases.

How much is that? About the same that the nation of Swaziland (population 1.2 million) produces in a week. I mean, it’s not the Olympics or a presidential race or anything, but it does seems like a lot just to get naked in the desert and talk about your chakras.

Ironically, Burning Man’s single most important tenet, according to every Burner ever, is leave no trace. From Burning Man itself:
"Leaving No Trace" is arguably Burning Man’s most important principle (see http://burningman.org/culture/philosophical-center/10-principles/). If we don’t uphold that one, no more Black Rock City. But Leaving No Trace is not just about the playa; it’s our ethic about the whole planet. Burners are environmentalists. It’s just our nature.
Uh huh. While I fully believe Burners are more likely to drive Teslas than your average Texan, Burning Man has come a long way from its nature, and its roots. What was a small, radical gathering of genuine weirdos in 1986 is now just another wealthy man’s getaway.

Besides, environmentalism isn’t just about cleaning up after yourself: It’s about your carbon footprint.

And Burning Man’s isn’t small. Your art car is still a car, Burners. Think about it.


Image above: "The Burning Man finale: “Your first Burn Night is the ignition of a brand new meaning of self & community, where we collectively celebrate our ancient pagan, primal and tribal selves in a ritual to the funeral pyre of the old and our rebirth as a phoenix from the flames.” To us it looks like a crashed alien saucer in a farmer's field. From (http://www.campawesomeness.org/).

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Super Bowl from Hell

SUBHEAD: January 31st 2015 the Patriots vs Seahawks matchup will be the Super Bowl from Hell.  .

By Jim Buzinski on 28 December 2014 for Outsports.com -
(http://www.outsports.com/2014/12/28/7459623/patriots-seahawks-matchup-super-bowl-from-hell-tom-brady-richard-sherman)


Image above: Tom Brady, the Patriot's quarterback celebrates. Photo by Stew Milne. From original article.

If the the seedings hold in the NFL playoffs, the Super Bowl will be my greatest nightmare -- New England vs. Seattle -- the two teams I hate the most. The worst part is that one of them would have to win. Update: Hell is upon us. It will be Seattle vs. New England. This is the matchup for the  February 1st 2015 Super Bowl.

I will be rooting for a giant meteor to strike Earth shortly before the 6:30 p.m. Eastern kickoff. I will be blown to bits, of course, along with every other human being, so that's the downside. The upside is that the Patriots and Seahawks will be deprived of a Super Bowl title. There are always tradeoffs in life.

The Patriots have been the NFL's Evil Empire since 2003 (I liked their 2001 team since it had a Cinderella vibe). They are led by Bill Belichick, the fashion disaster, signal-stealing swinger, which makes them easy to hate. He's also the best coach in the NFL by a mile, which only intensifies the hate.

Their quarterback is Tom Brady, who has become a whiny little twit. He's a sore winner and sore loser. When the Patriots win, he's high-fiving, head-butting and spiking the ball like a rookie scoring his first TD, not a veteran with three rings. And when he loses, he's dropping F-bombs at his defense and acting like a spoiled brat. He's not "fiery" or "competitive," just an annoying jerk.

Brady is not the same QB he once was, but he doesn't have to be. He has the best tight end in football in Rob Gronkowski (the one Patriot I actually like), a shutdown defense and wonderful special teams. Brady's job these days is to put together a couple of drives and not screw things up. For that, he has announcers slobbering over him like he's the 2007 Brady, not a guy near the end of his career and lucky to be with the right team.

Seattle is new to the "being totally annoying" game but they learn fast. Their coach is Pete Carroll, who fled USC one step ahead of the NCAA posse, earning the Trojans major sanctions while he landed a cushy gig in Seattle. This is the same guy who this summer lectured holdout running back Marshawn Lynch on honoring his contact. Gall is not Carroll's short suit.


Image above: Richard Sherman, the Seahawks's cornerback celebrates. From (http://www.jsonline.com/sports/nfl-needs-more-rants-like-richard-shermans-b99190370z1-241752861.html).

The Seahawks version of Tom Brady in the insufferable category is cornerback Richard Sherman, who for some reason has carved out a reputation as an articulate voice of a new generation of players. In fact, he's little more than a boorish loudmouth who loves denigrating opponents. Unfortunately, he's also the best cornerback in football, so no one has yet been able to shut him up.

Those are your two favorites to meet in the Super Bowl -- I might have to watch the Puppy Bowl instead (http://www.animalplanet.com/tv-shows/puppy-bowl/).


Image above: Shot of the live action coverage of the 2014 Puppy Bowl produced by Animal Planet. From (http://espn.go.com/espn/photos/gallery/_/id/10297513/image/6/adopt-pup-puppy-bowl-2014).

See also:
Ea O Ka Aina: Screaming id - No Brains - No Honor 2/6/12
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Deflation - Market Crash - Christmas


SUBHEAD: We already have deflation anda stock market so grossly overvalued it can only be labeled a zombie.

By Raul Ilargi Meijer 14 November 2013 for Aotomatic Earth -
(http://theautomaticearth.com/Finance/deflation-a-stock-market-crash-and-then-christmas.html)


Image above: People enjoy the meal at the Annual Loaves and Fishes Christmas Dinner for the homeless at the shelter at North B Street, Sacramento, CA, December 25th, 2012. From (http://www.sacbee.com/2012/12/25/5075720/christmas-meal-brings-smiles-to.html).

Don't get me wrong, I'm not saying things will happen in this order and timeframe. Just that they're going to if central banks and treasury departments don't up the ante. But they will. The question becomes more important now whether it'll be enough to continue keeping their - presumed - demons at bay. They can't go on forever. You can inflate asset price bubbles only so much. And then people will lose faith. So the order and timeframe is definitely an option.

Deflation is already here. Everyone's talking about lower inflation numbers than expected everywhere, but prices have been pushed up artificially in so many ways and in so many places that, even given the fact that they all ignore what inflation really is, it's getting profoundly absurd. Ironically, a few interesting lines this week came from an unexpected corner, the Telegraph editorial staff:

          The last thing highly-indebted Britain wants is price deflation


The drop in the level of inflation revealed by the Office for National Statistics took some analysts and economists by surprise. It had been anticipated that CPI inflation would fall from its 2.7% mark in September to just 2.5% last month. Instead, it plunged to 2.2%, with the biggest downward contributions coming from transport.
It sparked questions – with much of continental Europe spiralling towards deflation and risking a repeat of Japan’s own crisis – over whether the whole world could be moving into deflationary mode.


At a time of near-double-digit increases in energy bills, this might seem a rather hard case to argue, yet the fact of the matter is that even in traditionally inflationary Britain, price pres

[..] ... on closer scrutiny, the sort of inflation currently being seen is mainly down to so-called "administered prices", or prices which are being deliberately pushed up by government diktat either as part of the deficit reduction programme or green agenda.

Recently announced increases in energy bills are calculated by the Bank of England to have added 15 basis points to the CPI inflation outlook, a not insignificant amount but not enough to change the big picture on inflation. Most of the pressures right now are on the downside. Some European countries are, however, already in technical price deflation. Both Spain and Sweden, for instance, have recently reported an annual fall in prices, and even parts of Germany are experiencing month-on-month price contraction.

But then the last place a highly indebted nation such as Britain wants to be in is outright price deflation. There may not be much danger of that yet for the UK but the world as a whole seems very much to be drifting in that direction. This is worrying, not least because it implies continuation into the almost indefinite future of today’s very low interest rate environment. This doesn’t seem to be doing a great deal for demand but it is certainly putting a rocket under asset prices, creating bubbles and now fairly obvious misallocation of capital.

I'm indebted to the Telegraph for giving a name to something I have denounced several times in the past: governments raising "inflation" levels through taxes. My argument of course is that taxes should never be counted towards inflation, because doing so would mean inflation and deflation are easy as pie to control by governments (which they are very obviously not, or this "control" would be applied all the time and there would never be any inflation or deflation). Anyway, we can now call this phenomenon "administered prices"...

The paper neglects to note that this is one of the main ways in which Japan purports to fight its deflation: through higher taxes. That will not end well. Look, one more time: inflation means an increasing money supply and/or a higher velocity of money. No more, no less, and certainly not higher prices by themselves. If the money supply increases and/or the velocity of money does, prices will rise, but only as a consequence, and across the board. Nothing to do with taxes. And if for instance the Big Six UK energy companies raise their prices through fraudulent bookkeeping, that doesn't - and shouldn't - count towards inflation, but towards fraud.

As for the velocity of money, you can see in this graph from Lacy Hunt and Van Hoisington (more on them later) that in the US, it's come down in just 15 years from the highest point in more than 100 years to the lowest in the past 60 years. That is huge. That must have a tremendous influence on the economy, no matter what unemployment numbers are released, or what records stock markets set. As economic data go, the latter ones can only be entirely secondary to this:

When the velocity of money is that low, and we know there's no huge increase in the money supply (though there may be in the monetary base), how can inflation numbers still be positive? Good question. You tell me.

That deflation (money supply and/or velocity of money shrinks and, only after that, prices and wages fall) is a growing worry, becomes clear through the following Bloomberg piece as well. It's just that until now it remained hidden behind a veil of - mostly - central bank stimulus measures, which are behind various asset bubbles. Most of it is credit, backed by taxpayers, doled out to financial institutions and invested in stocks. Or, you know, the UK cabinet supplies cheap housing credit, people fall into the trap and buy their dream home, and, voila, "inflation" numbers go up. All nonsense designed to keep you from finding out what's really going on, and to keep using your money to keep banks from going bankrupt. Bloomberg:

Central Banks Risk Asset Bubbles in Battle With Deflation Danger
Central banks are finding it’s easier to push up stock and home prices than it is to prevent inflation from falling short of their targets.

While declining costs for everything from gasoline to coffee can be good news for consumers, disinflation makes it harder for borrowers to pay off debts and businesses to boost profits. The greater danger comes when disinflation turns into deflation, which leads households to delay purchases in anticipation of even lower prices and companies to postpone investment and hiring as demand for their products dries up.

Federal Reserve Chairman Ben S. Bernanke and his central-bank counterparts are trying to avert the deflationary danger by pumping up their economies with lower interest rates and monetary stimulus. They have bet the run-up in stock and home prices they’ve engineered would boost consumer and corporate confidence and spur faster growth and higher inflation. Now they’re having to maintain or intensify their aid - running the risk those efforts do more harm than good by boosting equity and property prices to unsustainable levels.

"You have a wall of liquidity" that’s "leading to asset inflation and eventually to bubbles," Nouriel Roubini, chairman of Roubini Global Economics LLC, said Nov. 7 on Bloomberg Television’s "Street Smart."

Global inflation will be about 2.8% this year, the second-lowest since World War II, amid high unemployment in developed nations and slowdowns in emerging markets, according to Bruce Kasman, chief economist at JPMorgan Chase & Co. in New York. Even after policy makers slashed interest rates and bought bonds, about two-thirds of 27 inflation-targeting central banks tracked by Morgan Stanley still are undershooting their goals or watching prices rise in the lower end of preferred ranges.

"We have seen, in the last months, deflationary tensions building up," Laurent Freixe, executive vice president of Nestle SA, the world’s biggest food company, said in an Oct. 17 conference call. "There is no growth in the marketplace, so everyone is fighting for a share of a shrinking pie." [..]

It might be more accurate to say we increasingly have multiple claims to the same pieces of the pie.

The central-bank largess is buoying world stock markets, as investors seek higher returns than they can get with government bonds. Japan’s Nikkei 225 Stock Average is up 40% this year. The MSCI World Index, which includes both emerging and developed country markets, has risen 19%. [..]

Home prices also are rising. The S&P/Case-Shiller index of property values in 20 U.S. cities climbed 12.8% in August from a year earlier, the fastest pace since February 2006. U.K. house prices increased for a ninth month in October, while apartment values in parts of Germany have jumped by an average of more than 25% since 2010. [..]

The easy money lacks punch because the "pipes" that carry stimulus from financial markets to the rest of the economy are "clogged," Mohamed El-Erian, Pimco’s chief executive officer, said in an interview.

So why don't you explain to us what Bernanke has done to unclog those pipes, Mo?
Commodity prices have fallen as demand from China and other developing economies has ebbed. The Washington-based IMF forecasts oil prices will slump 7.7% next year while non-fuel commodities will drop 2.9% in dollar terms. It also projects governments will keep cutting budgets, with the aggregate deficit of advanced nations at 4.5% of gross domestic product this year and 3.6% next year.

The region most at risk is the 17-nation euro area, where banks are deleveraging and wages are falling in nations including Spain. The ECB already is turning more aggressive after inflation slumped to a four-year low of 0.7% in October, less than half its target of just below 2%. Prices may not pick up any time soon, Draghi has warned. Unemployment is a record 12.2%, and the European Commission said last week it anticipates growth of just 1.1% in 2014.

"Deflation is not imminent, but it has to be on the mind of central bankers," ECB Governing Council member Ewald Nowotny said yesterday in Vienna. The central bank still needs to do more because "a ‘Japanification’ of the euro area is a clear and present danger," Joachim Fels, co-chief global economist at Morgan Stanley in London, said in a Nov. 10 report to clients.

Avoiding that fate may be hard. While Draghi has raised the possibility of charging banks to park cash at the ECB, colleagues have warned a negative deposit rate could hurt banks’ profitability and make them even less willing to lend. [..]

The Fed has found that expanding its balance sheet -- now at a record $3.85 trillion -- hasn’t been a panacea. Since the U.S. recession ended in June 2009, growth has fallen short of its predictions, and in nine of the last 10 estimates for 2013, policy makers have lowered their forecasts. Inflation, too, is lower than projected and has undershot the Fed’s 2% target starting in May 2012. The personal-consumption-expenditures index, the board’s preferred gauge, increased 0.9% in September from a year earlier, matching April for the lowest since October 2009. The rate will stay low in 2014, at about 1.25%, according to Sinai.

People are not spending, i.e. the velocity of money has fallen. A lot. And no, tempting them into more cheap credit is no solution for that. Because that means more debt. And it's debt that is dragging economies down in the first place.

In Japan, the BOJ has had some success in battling deflation after swinging into action in April, when it pledged to double the monetary base through purchases of government bonds and other assets. Consumer prices excluding fresh food rose 0.7% in September from a year earlier, down from 0.8% in August, the fastest increase since November 2008. The yen has dropped about 20% against the dollar in the past year, boosting prices of imported goods. "Core inflation is now no longer negative," said Jerald Schiff, deputy director of the IMF’s Asia-Pacific Department. That "is a major victory in the Japanese context."

Yeah, but Japan does this through "administered prices", prices which are being "deliberately pushed up by government diktat". Again, if that could work, everybody would be doing it, and all the time.
While the aggressive actions that central banks have taken haven’t done all that much for global growth, they have boosted asset values worldwide, pushing home prices from Canada to Australia and Sweden to China to levels that may turn out to be unsustainable. Some Fed officials have pointed to costlier homes, farmland and bonds as causes for concern.
"We’ve seen real bubble-like markets again," Laurence D. Fink, chief executive officer of BlackRock Inc., the world’s largest money manager with $4.1 trillion in assets, said at an Oct. 29 panel discussion in Chicago.

See, what these people are saying is in essence that Fed policies have not had the desired effect, or not enough of it, and now things are getting even worse, because they were so wrong, and deflation looms (even if many prefer for now to call it disinflation).

I have a problem with that. Which is that I, and others with me, have said for years that this would happen, that QE wouldn't "help" the real economy. Just look up what debt deflation is, and it all becomes clear. It's embarrasingly simple.

I mean, what exactly is the idea? That Ben Bernanke honestly tried to fight unemployment by stuffing the accounts Wall Street banks have with his own Fed, full of excess reserves? Because that's all QE has resulted in in practical terms, isn't it? I know that it has probably affected the "mood" in the markets somewhat as well, but is that really something Bernanke should fake? Is that part of his mandate as well, to fool people into believing things? I don't see how.

Really, how wrong can a man in his position be before he's pushed to look for alternative employment? And don't look for any relief from Janet Yellen either, she's been part of that same Fed all these years that continues to hand out $85 billion a month and has nothing to show for it other than some perceived moodswing and those bloated excess reserve accounts. Here's what Yellen will say today in her nomination hearing before the Senate Banking Committee:
"A strong recovery will ultimately enable the Fed to reduce its monetary accommodation and reliance on unconventional policy tools such as asset purchases ... I believe that supporting the recovery today is the surest path to returning to a more normal approach to monetary policy. [..] ... the Fed has "made progress in promoting a strong and stable financial system, but here, too, important work lies ahead." "Her approach is let’s do more QE now to get the job done faster," said Laura Rosner, a U.S. economist at BNP Paribas SA in New York ... "Yellen is repeating her commitment to getting the job done."

In other words: Yellen's not going to change a thing, despite that fact that everything the Fed has done so far has been a huge and costly failure as far as the real economy is concerned, which is what the Fed claims to be execute QE for.

I am not kidding you: this is a real problem for me. Because either those who keep claiming that Bernanke and the rest of the Fed board have made nothing but honest mistakes for years are right, and I am profoundly stupid - which I don't think I am -, or I am right and the Fed is loaded with really stupid people. And I don't believe that either.

There is a third option, however and of course: that the Fed has not at all been doing what they say they have, and it wasn't a long line of mistakes, but something else altogether.

Found a fitting description of that too. In a highly interesting must read piece by Yanis Varoufakis. Fitting, also, because what the Fed does is the same thing the ECB does.
Ponzi Austerity – A Definition and an Example


Ponzi austerity is the inverse of Ponzi growth. Whereas in standard Ponzi (growth) schemes the lure is the promise of a growing fund, in the case of Ponzi austerity the attraction to bankrupted participants is the promise of reducing their debt, so as to liberate them from insolvency, through a combination of ‘belt tightening’, austerity measures and new loans that provide the bankrupt with necessary funds for repaying maturing debts (e.g. bonds).


As it is impossible to escape insolvency in this manner, Ponzi austerity schemes, just like Ponzi growth schemes, necessitate a constant influx of new capital to support the illusion that bankruptcy has been averted. But to attract this capital, the Ponzi austerity’s operators must do their utmost to maintain the façade of genuine debt reduction.


The obvious thing to do, under the circumstances, would be for Athens to default on the bonds that the ECB owned. But this was something that Frankfurt and Berlin considered unacceptable. The Greek state could default against Greek and non-Greek citizens, pension funds, banks even, but its debts to the ECB were sacrosanct. They had to be paid come what may. But how? This is what they came up with in lieu of a ‘solution’: The ECB allowed the Greek government to issue worthless IOUs (or, more precisely, short-term treasury bills), that no private investor would touch, and pass them on to the insolvent Greek banks.



The insolvent Greek banks then handed over these IOUs to the European System of Central Banks (through the so called ELA program of the ECB) as collateral in exchange for loans that the banks then gave back to the Greek government so that Athens could repay… the ECB. If this sounds like a Ponzi scheme it is because it is the mother of all Ponzi schemes.


[The creation of the first Ponzi Austerity scheme in Greece] is but one example of the vicious cycle of Ponzi Austerity that is being replicated incessantly throughout the Eurozone. Its stated purpose is to reduce debts. But debt is rising everywhere. Is this a failure? Yes and no. It is a failure in terms of the EU’s stated objectives but not in terms of the underlying ones.


For, in reality, the true purpose of the ‘bailout’ loans was to effect a cynical transfer of the Periphery’s bad debts from the books (mainly) of the Northern European banks to the shoulders (mainly) of Northern Europe’s taxpayers. Sadly, this cynical transfer, effected in the name of European ‘solidarity’, led to a death dance of insolvent banks and bankrupt states – sad couples that were sequentially marched off the cliff of competitive austerity – with the awful result that large sections of proud European nations were dragged into the contemporary equivalent of the Victorian Poorhouse.
Great article. Great novel view of things. And a great quote. Let's get back to the Fed.

We can say for the Fed what Varoufakis says about the ECB (and the troika):

Fed policies. A failure. Yes and no. A failure in terms of stated objectives but not in terms of the underlying ones

Is the Fed trying to revive the US economy? If they are, they have been making lots of mistakes. Lots. Too many. All they've done is make mistakes. Other than creating a moodswing. But those are notoriously temporary. And this one depends on financial markets expecting more and more "free money“, not on an improving economy. What do they care, if the money keeps coming anyway?

This QE game has raised the Fed balance sheet by well over $3 trillion. And ballooned the too-big-to-fail-but-dead-broke banks' accounts with the Fed by about the same amount.

But still, you have these respected analysts who keep on hammering the same single tune: it's all mistakes, none of it happens on purpose. Like Lacy Hunt at Hoisington:
Federal Reserve Policy Failures Are Mounting


[..] ... when an economy is excessively over-indebted and disinflationary factors force central banks to cut overnight interest rates to as close to zero as possible, central bank policy is powerless to further move inflation or growth metrics. The periods between 1927 and 1939 in the U.S. (and elsewhere), and from 1989 to the present in Japan, are clear examples of the impotence of central bank policy actions during periods of over-indebtedness.
[..] ... the Fed's forecasts have consistently been too optimistic, which indicates that their knowledge of how Large Scale Asset Purchases (LSAP) operates is flawed. LSAP obviously is not working in the way they had hoped, and they are unable to make needed course corrections. [..]


If the Fed were consistently getting the economy right, then we could conclude that their understanding of current economic conditions is sound. However, if they regularly err, then it is valid to argue that they are misunderstanding the way their actions affect the economy.
During the current expansion, the Fed's forecasts for real GDP and inflation have been consistently above the actual numbers.

One possible reason why the Fed have consistently erred on the high side in their growth forecasts is that they assume higher stock prices will lead to higher spending via the so-called wealth effect. The Fed's ad hoc analysis on this subject has been wrong and is in conflict with econometric studies. The studies suggest that when wealth rises or falls, consumer spending does not generally respond, or if it does respond, it does so feebly. During the run-up of stock and home prices over the past three years, the year-over-year growth in consumer spending has actually slowed sharply from over 5% in early 2011 to just 2.9% in the four quarters ending Q2.


Reliance on the wealth effect played a major role in the Fed's poor economic forecasts. LSAP has not been able to spur growth and achieve the Fed's forecasts to date, and it certainly undermines the Fed's continued assurances that this time will truly be different. [..]


The standard of living, as measured by real median household income, began to stagnate and now stands at the lowest point since 1995. Additionally, since the start of the current economic expansion, real median household income has fallen 4.3%, which is totally unprecedented. [..]

Over-indebtedness is the primary reason for slower growth, and unfortunately, so far the Fed's activities have had nothing but negative, unintended consequences.


Another piece of evidence that points toward monetary ineffectiveness is the academic research indicating that LSAP is a losing proposition. The United States now has had five years to evaluate the efficacy of LSAP, during which time the Fed's balance sheet has increased a record fourfold.


It is undeniable that the Fed has conducted an all-out effort to restore normal economic conditions.
No, Lacy, that is not undeniable. I just did. And I have to wonder: why would you say that? Why would anyone? Do you really believe all you said there? That this entire group of more than average intelligent people make all these mistakes, and misinterpret all of these signals, despite having more and better access to data than anyone else, and you still don't wonder if perhaps they're not trying to do what they say they are? How can you claim to be an analyst if you don't even question your most basic assumptions? How is that analysis and not apologism?

John Hussman writes some good market opinion, but he sort of falls into the same apology trap:
Leash the Dogma

It’s fascinating to hear central bankers talk about the economy, because in the span of a few seconds they can say so many things that simply aren’t supported by the evidence. [..]

quantitative easing essentially proposes that rapid increases in the monetary base can achieve reductions in the unemployment rate. But when we examine the data, we find very little to support this view, regardless of whether the relationship is posed in terms of growth rates, levels, changes, coincident changes, or subsequent changes in unemployment. [..]


In my view, most of the response to quantitative easing reflects psychological factors rather than mechanistic ones. Certainly the scale of QE has been enormous, and suppressed short-term interest rates have undoubtedly motivated a reach-for-yield in more speculative assets. But it remains true that the amount of credit market debt in the U.S. is roughly 19 times the current size of the monetary base (with an average maturity of about 5-6 years), while the value of U.S. equities is easily over 6 times the monetary base.

< So quantitative easing effectively relies on the extent to which investors shun zero-interest cash amounting to less than 3.9% of that available portfolio. In any environment where low-interest but liquid and non-volatile securities become desirable as even a small part of investor portfolios, quantitative easing is likely to lose its presumed ability to "support" financial markets. [..]


The truth is that Fed policy has the capacity to do enormous damage by adding fuel to asset price bubbles when investors are already inclined to take risk, yet has very little power to "support" asset prices when investors are inclined to avoid risk. The confidence that the Fed can, in all circumstances, drive asset prices higher is largely psychological – mostly due to misattributing the 2009 recovery to monetary policy instead of the move to end "mark to market" accounting. Yet even to the extent that stocks have been driven higher, there is very little evidence that the "wealth effect" on jobs and economic activity has been large. This is something that the Fed should have understood years ago. [..]


I continue to believe that it is plausible to expect the S&P 500 to lose 40-55% of its value over the completion of the present cycle, and suspect that whatever further gains the market enjoys from this point will be surrendered in the first few complacent weeks following the market’s peak.
See? they're doing everything wrong. Ergo: boy, must they be stupid. Only, that second part is left out.

What I do find interesting is Hussman's last claim: that it's plausible to expect the S&P 500 to lose 40-55%. And he's got a nice graph to show where things stand:


Image above: Hussman diagram of the Anatomy of a Textbook Pre-Crash Bubble. From original article.


What can hold off a crash? Probably only more asset purchases by the Fed, and temporarily at that. Enter Janet Yellen stage left. Or does anyone doubt that the S&P would look completely different if QE had never happened? But even then. The people at the Fed are aware of the velocity of money data, they're not nearly as thick as the analysts make them out to be. They know they've long lost the deflation battle.

Maybe they can move people to take some of their money out of stocks and into something else, something that moves money around a bit more. Or maybe they can push some money or credit into the real economy through real estate prices. The problem there is that increasing credit doesn't do much, if anything at all, that can be seen as positive. Not in an already hugely overindebted economy.

At some point you need to ask: stock market crash? What stock market? How is it still really a stock market if it hinges to such a large extent on the Fed pumping money into Wall Street banks? At the very least, you might question if the S&P still reflects an actual market at all, if that market is supposed to reflect what goes on in the economy, and obviously doesn't. You might want to ask what purpose such a largely illusionary stock market has, what its use is within the larger economy. And while you're at it, you might also want to answer what use the financial system as a whole is to the real economy, if all it does is squeeze money out of it.

We know the Fed can prop up the S&P for a while, and though we don't know for how long, we do know that they're running out of time. That's what Hussman's graph says. And wouldn't we perhaps be better served by a market, and by data, that better reflect what's going on in the real economy? So we know where we actually stand, and not what some moodswing or another says about that? The entire market, the entire financial system, has turned into a zombie that feeds on the American people's life blood.

Let's redefine all this talk, and call a spade a spade: The Federal Reserve defines and executes policies aimed at aiding the banking system, not the overall US economy. And although the Fed may claim that these are one and the same, it could have known - and it does - that they are not. The idea that supporting the banks equals supporting the US people, is just that: an idea. The Fed, more than anyone else, has access to the data that prove this. It knows how badly off the banks are.

So quit propping them up, throw open their books and let's start restructuring. If you choose not to - here's looking at you, Janet - stop pretending you're acting on your dual mandate, that you have the people's best interest at heart. There's no evidence of that anywhere to be found in anything but words.

We may make it to Christmas without a market crash, with lots of happy expectations for record sales and a last bout of happy moodswing. That's not that interesting. What is, is what'll happen after that.

We already have deflation, once you look past the words. And we have a stock market so grossly overvalued it can only be labeled a zombie. Record holiday sales are not going to materialize with the velocity of money at a 60-year record low. And then what, Janet? Increase QE? Double or nothing for the most costly "failure" in US history? All it takes is for people to keep believing, right? .

The Ritual Theater of Progress

SUBHEAD: The coming of the age of scarcity that’s now upon us, though, draws a hard line under techno-fantasies.

By John Michael Greer on 15 August 2013 for the Archdruid Report -
(http://thearchdruidreport.blogspot.com/2013/08/the-ritual-theater-of-progress.html)


Image above: "Bad Buddha", oil on canvas, 24x30", 2013 .by Mark Bryan Original and prints available. From (http://markbryan.imagekind.com/store/imagedetail.aspx/2f920e30-56cd-4698-9bc3-4bceaf1529c9/Bad_Buddha).

This habit of drafting my ideas on the future of industrial society right out here in public has its disadvantages, to be sure, but there are benefits as well. One of the more unexpected of these is the way that the illogic that swims through the hidden places of the collective consciousness of our time so often rises to the bait I offer, and thus can be hooked and hauled in for closer examination.

Over the last few weeks, a fine example of the species has landed in my creel. Back in July, in an earlier post in this sequence about the ways that the mythology of progress holds both science and religion hostage, I noted that fusion researchers have spent the last fifty years trying not to learn the obvious lesson taught by their repeated failures.

Whether or not it’s possible to make a functioning fusion reactor, I pointed out, is immaterial at this point; the last half century of experiments have shown beyond a shadow of a doubt that even if the thing can be done, the cost of building fusion reactors will be so high that fusion will never be economically viable as a source of electricity for the grid.

Before we go on, I’d like to ask everyone to reread that last sentence, and notice that this argument doesn’t claim that fusion reactors are impossible—that, in point of fact, it doesn’t deal at all with the issue of whether fusion power is technically feasible. This may seem like an obvious point, but I can assure you, dear reader, that it’s far from obvious to a good many of my readers. Over the weeks that followed, in fact, I fielded a flurry of comments chiding me for my supposed insistence that harnessing fusion power is impossible.

Quite a range of different arguments were deployed in an effort to dispute this point, ranging from the plausible to the frankly silly; the one thing that none of these commenters seem to have noticed is that the claim they were imputing to me is one I hadn’t made.

Longtime readers of this blog will know that this is far from the first time this odd sort of paralogic has featured on the Archdruid Report comments page. A few years ago, for example, I was rash enough to point out in a post on the future of technology that the internet’s long-term viability in a deindustrializing world will not depend on whether maintaining an internet in such conditions is technically feasible, or whether it can do things that today’s geekoisie consider cool.

Rather, I suggested, the survival of the internet will depend on whether it can pay for itself in a world where energy and resources will be much more scarce and expensive than they are today, and whether it can compete with other ways of providing the same services that are less dependent on extravagant inputs of depleting resources and complex technological infrastructures.

I found the response to this suggestion utterly fascinating. The commenters who showed up to insist that the internet had to survive the end of the present age of fossil-fueled abundance didn’t dispute my argument; they didn’t mention it at all. Instead, they pretended that the point I’d raised had never been brought into the discussion, and insisted over and over again that keeping the internet viable in a deindustrializing world was technically feasible, that the internet can do all kinds of things that today’s geekoisie consider cool, and that the survival of the internet was therefore certain.

Even when I pointed out to them in the comments that they were evading the issue I was raising, they kept on trying to talk about technical feasibility and the cool stuff the internet can do, and to pretend that economic limits had never been mentioned. This went on for three weeks of posts and commentary, until I finally shook my head and went on to the next topic.

This sort of paralogic isn’t unique; it isn’t even unusual. Long before I started this blog, I noticed that any question at all about the economic viability of technological progress lies squarely in industrial civilization’s blind spot. Pick any technology that fits the canned image of the future projected by pop culture, and try to talk about whether we can actually afford to pursue it—in most cases, this is a far more crucial question than most people realize, so it’s rarely difficult to find points to raise—and you can count on the identical response.

For a long time, I wondered why this particular issue should be subject to such remarkable distortions of thought and conversation; over the course of the last few weeks, as I reflected on the latest round of paralogic in the context of the current series of posts, I think I’ve come to understand the reasons behind it.

To make sense of those reasons, it’s going to be necessary to take what will look like a drastic detour, and talk about the role of ritual theater in the world’s religions. I don’t happen to know of a faith on the planet that doesn’t have at least some examples of this very common practice.

Modern societies are no exception to the rule; those of my readers who grew up Christian, for example, and recall Nativity plays and Easter pageants from their childhoods, already know as much about ritual theater as they’ll need to know to grasp what follows.

Ritual theater doesn’t follow the same rules as the secular drama that’s found in today’s playhouses, cineplexes, and DVD racks. There are no surprises in ritual theater, no unexpected plot twists, no unfamiliar characters, and for good reason. The point of ritual theater in a religious context is to enact whatever’s seen as eternally true in the religious tradition that sponsors it.

Depending on your religion, what’s eternally true may be revealed in some specific historical event—say, the Buddha beneath the Bo tree or Christ on the cross—or in some recurring natural event—say, the cycle of the seasons—or it may be permanently outside of time, symbolized by myths which “never happened but always are,” as the Greek philosopher Symmachus put it. One way or another, some blend of folk imagination and the creative genius of individuals makes these things visible in ritual theater, which represents (literally, re-presents) the eternal in a form that everyone can experience.

There’s a lot of variation between one religion’s ritual theater and another’s, but within any given tradition, the plot outline and the emotional reactions sought by the performance tend to be as stereotyped as a politician’s campaign speech.

Pick any of the early Greek tragedies—these were originally enacted at religious festivals in Athens, and so are classic examples of ritual theater in more senses than one—and you can pretty much count on watching a proud and gifted individual have his life destroyed by the incomprehensible decrees of the gods.

That was the structure of ancient Greek ritual drama, and the response, as Aristotle describes it, was an emotional catharsis of pity and terror in which an ancient Greek audience reconciled themselves to their place in the cosmos as mortals subject to the awesome and inscrutable immortals.

It would have been unthinkable to Aeschylus or Sophocles to have a god pop up in the middle of the stage at the climax of the play and fix everything. What was utterly inappropriate in the early Greek ritual theater, though, became common in the later secular drama of the classical world, where deus ex machina—literally, the god out of the stage machinery—was so common as to become a catchphrase.

Christian ritual theater, which emerged out of late classical drama, proceeded to take that experience as its central theme. What JRR Tolkien in a brilliant essay called “eucatastrophe”—the sudden, shattering reversal that transforms tragedy into triumph—thus became the core experience of Christian ritual theater, passed on via the mystery plays of the Middle Ages straight through to the passion plays and parochial school pageants of the present time.

Leap to the other end of the Old World and you’ll find a completely different mode of ritual theater in the Noh drama of Japan. The most common story line among Noh plays has a wandering priest making his way through unfamiliar country. He happens on someone he takes for an ordinary village girl, or some other perfectly natural person. As she sings and dances her story, though, it gradually becomes apparent that she is a supernatural being of some kind—a ghost, a demon, a spirit or a deity—whose destiny the priest may change through his own power and piety, or may simply witness.

The whole drama serves to communicate the distinctive religious vision of Japanese folk culture, in which the supernatural shimmers through the apparent solidity of the ordinary world like colors in shot silk.

Civil religions have their own traditions of ritual theater. Here in America, back in the day, school pageants on George Washington’s birthday and civic celebrations on the Fourth of July routinely copied all the standard forms of religious ritual theater, complete with the utterly stereotyped plots and the predictable emotional reactions common throughout the genre. I don’t happen to know whether the Young Communists’ Leagues of the former Eastern Bloc countries did the same sort of pageants for May Day, though I wouldn’t be the least surprised to learn that they did.

Tolerably often, though, the ritual theater of civil religions takes a less self-consciously dramatic form, and gets acted out in some facsimile of real life: think of the show trials of Stalin’s Russia, in which thousands of people were coerced into acting out the role of wicked dupes of the capitalists, and were then rewarded for their performances with a bullet to the brain.

The civil religion of progress by and large has kept its own ritual theater out of the realm of formal performance, but makes up for this by trying to enact its stereotyped dramas in every possible informal venue. Those of my readers who haven’t been hiding under a rock since the days of Galileo already know the plot of those dramas right down to the finest of details. They begin with a lone genius who shakes himself free of the prejudices and superstitions of the ages, and thus manages to see some part of the world clearly for the first time.

The dramatic action emerges out of the conflict between the lone genius and his (or, very rarely, her) less gifted contemporaries, who defend those prejudices and superstitions against the efforts of the genius to upset the applecart of conventional thought.

The plot thus defined includes a few variations, mostly involving the end of the story. The genius may be condemned and killed by the outraged authorities of his time, only to be vindicated and glorified by future generations. He may struggle on gamely to the end of his life, ignored or denounced by all right-thinking people, and then be vindicated and glorified by future generations.

Alternatively, he may triumph over the opposition by proving his case conclusively, and having vindicated himself, is then glorified by future generations. In each case, the emotional reaction expected from the audience is the same: identifying themselves with the future generations just mentioned, they are called on to glorify the great heroes of progress, to rejoice in the salvation from the prejudiced and superstitious past that these heroes have conferred on them, and to wait expectantly for the even more wonderful things that future heroes of progress will inevitably bring the world in times to come.

A detail worth special attention here, though, is the debate between the lone genius and his prejudiced and superstitious adversaries that always, explicitly or implicitly, fills the middle act of the drama. There’s no more thoroughly stereotyped scene in the whole field of ritual theater.

The adversaries of progress have a set of standard lines assigned to them by the standard plot. They are supposed to point out that whatever idea or technology the lone genius is championing violates the immemorial order of the cosmos or the authoritative teachings of the past, to insist that whatever it is can’t be true or won’t work, and to warn that if the idea is accepted or the technology put into general use, some kind of horrible fate will follow in short order.

The lone genius, in turn, is assigned a set of standard counterarguments to overcome these ceremonial talking points. He is supposed to say that the onward march of human knowledge has rendered the immemorial order of the cosmos and the authoritative teachings of the past obsolete, that whatever innovation he’s championed is true or will work, and that it will bring immense benefits to the human race in the years to come. Both sides recite their parts in the second act, fulfilling the requirements of the script, and in the third act the lone genius triumphs, posthumously or otherwise.

I’ve pointed out already ina previous post in this sequence that this stereotyped script has been pushed onto the history of thought incessantly by the popular culture of our age, even when it’s been necessary to twist history hopelessly out of shape to make it fit the storyline, as it’s usually been. It’s important to recognize how great a distortion the ritual theater of progress has imposed on our sense of our own past, but it’s at least as important to notice the ways in which the same ritual theater structures debates over technology here and now.

The discussions of fusion power and the future of the internet I mentioned earlier are cases in point. The issue I was raising was not one of the ceremonial arguments that the opponents of technology are supposed to utter in the second act of the drama. I broke the rules of the ritual theater of progress, and after a brief interval of consternation, the other actors in the drama did the logical thing and brought out their own ceremonial counterarguments, as though I hadn’t been so silly as to forget my proper lines.

When I proceeded to break the rules again by drawing attention to the issue I’d actually raised, rather than the one that I was assigned by the script, they got thoroughly flummoxed; some retired in dismay, while others kept on trying to follow their scripts even though I’d gone out and ignored mine.

I can sympathize with their feelings. Still, it’s probably worth noting here that not all discussions of science, technology, and other holy symbols of the civil religion of progress are meant to provide venues for the ritual theater of that faith.

If fusion power and the internet were purely spiritual realities—say, two of the blessings that the faithful could expect to receive after death in some kind of techno-heaven buzzing with starships, jetpacks, and domed cities—that would be a different matter, but fusion reactors, internet data centers, and the like are also expected to solve practical difficulties here on earth.

That means that a discussion of their prospects arguably ought to extend beyond the limits of ritual theater, and include points that aren’t part of the ceremonial dialogue.

That is to say, whether a technology makes economic sense in a world of rapidly depleting resources and spiraling economic dysfunction is a valid concern, whether or not that concern conforms to the stereotyped arguments of our time. If some future iteration of ITER finally gets a sustained fusion reaction going, that’s an intriguing bit of experimental physics, but unless that event leads to the discovery of some way to maintain such a reaction that costs a couple of orders of magnitude less than $14 billion per reactor, that’s all it is—and since every cheaper option has been tried in half a century of very well funded experimentation, it’s a safe bet that in fact, that’s all it is.

This was already recognized in the early 1980s. I recall independent studies in the appropriate tech scene in those days, which showed that if the relatively simple tokamak reactors being tested in those days could be made to work, the result would be a power plant that would produce about as much electricity as a standard fission reactor, at roughly ten times the cost.

Given that fission power is the most expensive source of electricity in common use today, and has never been economically viable anywhere on earth without massive government subsidies, this is not exactly encouraging.

It’s thus not hard to imagine a future in which, let’s say, excited physicists announce to the world that sustained nuclear fusion has finally been accomplished, using some elaborate new reactor design ten times more expensive, adjusting for inflation, than those relatively simple tokamak reactors that failed to do the job in the early 1980s.

Running the numbers, governments and utility companies calculate that, including all economies of scale, each new fusion reactor would cost a hundred times as much as a comparable fission reactor, with consumer bills to match. Has the energy crisis been solved? Not in any sense meaningful in the real world.

In the real world, a technology has to be economically feasible to build and use, or it doesn’t matter. It really is as simple as that. The galloping economic expansion of the age of cheap abundant energy now visible in history’s rearview mirror made it possible to ignore that unwelcome reality for a time, or at least to pretend that it didn’t matter—you’ll notice that the grandiose plans to cover Manhattan with a dome and give it a year-round climate of 72°F and no rain, along with a great many other economically preposterous projects of the recent past, never even got to the detailed-blueprint stage.

The coming of the age of scarcity that’s now upon us, though, draws a hard line under such fantasies. From now on into the foreseeable future, the first question that has to be asked about any technological project is “Can we afford to use it?” The second, which needs to be asked immediately after the first, is “Are there ways to do the same thing less expensively?”

These questions may not be part of the ritual theater of the civil religion of progress, but I’d like to suggest that consoling true believers in that faith with assurances of the invincibility of their surrogate deity may be less important just now than dealing with the imminent impact of the end of abundance and the twilight of the industrial age.

.

Christmas plan for a peak oil pilgrim

SUBHEAD: Cherish your friends and family, your free time, your time to read and talk and learn.

By Elizabeth Scarpino on 1 December 2012 for Transition Voice -
(http://transitionvoice.com/2010/12/christmas-plan-for-a-peak-oil-pilgrim/)


Image above: Santa bringing General Electric bright Christmas lights to you. From original article.
As a peak oil pilgrim, the holidays are surely going to be different now.
The ways we celebrate the season, the parties and family get-togethers are forever changed for me: they’ve taken on a sort of surreal, over-the-top quality endemic to societies of excess. Perhaps it is the all-consuming nature of the barrel beast: that virtually everything we do, touch, watch, eat, drink, buy, and read is produced and/or propelled by oil.

No matter how you feel about peak this or that, we all crave family and connectedness, especially these days. Whether that family is one you’re born to or one you’ve created and pieced together, it’s natural to want to share thoughts of the past, present and future, collapse and all. Of course we want to discuss what’s shaping up to be the biggest plexus of our generation, thereby strengthening our relationships, tethering others to the possibility, or severing ties to those of dead-weight and denial.

But because these issues very much affect the social dynamic, use caution. Until collapse and transition become more mainstream, we must endure the garish rituals of the season, with their overindulgence, hypocrisy and guilt. Ironically, I think it best to tread lightly on this portion of the pilgrimage, modeling virtues of patience and hope and acceptance.

Here’s my plan for navigating the holidays this year – advice to myself on how to deal:

1. Don’t supplant the joy of the season with gloom and doom.

Nobody wants to hear warnings and criticisms from you all the time, especially when there are cookies!  Sure, you want to plant the seed in the minds of those you love (and in those you don’t), so that others may wake up and smell the gingerbread spice cocoa. But the holiday hard-sell is probably not the best approach. The coming collapse can be a very divisive topic.

Your role as the agent of change has no place in the kindergarten Nativity Pageant or the line to see Santa. Don’t hijack the happiness and memories that others have developed through the generations just because they didn’t read your sustainability statement. Try not to be the  provocateur until after the holidays, when relationships normalize to usual levels of dysfunction.

2. Don’t get caught up in the Mall Materialism Morass.

This one isn’t difficult for slightly-agoraphobic me. I despise crowds and find most public places and big retail stores creepier than ever. There seem to be so many aimless people (eg: unemployed), and many more men than in years past.

I always find myself scanning the fluorescent-lit scene and wondering, “How many of these people are on anti-depressant or anti-psychotic drugs? Who’s packing heat and what percentage haven’t taken their meds today?”

With their spiritually and physically trampled humans, frenzied events like Black Friday and the Big Box Doorbusters (what a great name for a band!) despoil the spirit of this or any other season. Such chaotic consumption reveals real moral madness and decay: the disease of Affluenza: The All-Consuming Epidemic (Bk Currents). The more you shop, the more you want, even though we want for very little.

Friends and loved ones dig your home made sentiments of the season. Time to get creative. Image: Vintagepostcardblog.blogspot.com

I’ve come to appreciate the efforts of the Reverend Billy Talen and his Church of Life After Shopping for perspective in this area.

3. Give comestibles, items of genuine utility, or handmade gifts.
If you can nail 2 out of 3, as in a knit afghan or loaf of homebaked bread, you get extra brownie points.

Since childhood, holidays basically mean special things to eat and drink (usually with some churchin’ thrown in, too.) All things timeless and tasty: local wines, cider, chocolate, baked goods, chutneys, meats, seasonal fruits, spices, cheeses: these are the stuff of memories. If you grew, raised, or made them yourself, they are even more special as gifts of your time and talents.

And any gift from a seed catalog or for the garden has an implicit message of hope and future enjoyment, future holidays.

4. Pass on the ‘Tacky Lights’ tours.

You are just gonna poo-poo it and make people upset, all the while stuck in the microcosmic confines of an SUV full of overfed frenemies and family. Why drive substantial distances to places like “Stuckabee Trace” and “Kudzu Hills at Gopherton” to gawk at the vulgar displays of craven energy waste in the name of Jesus’ birth? It flies in the face of everything you believe now…

But if you do go, don’t be fooled by the inevitable LED rationalization espoused by the guy in the car. Sure, they’re great in a grain-of-sand kind of way, but if you spend your ducats on LED, invest in real bulbs, not just holiday lights.

The Tacky Tour will only make you snotty, angry and depressed on so many levels: that few Americans exhibit any taste with regard to nature, decor, architecture or home-building; that sprawl has won and growth remains unchecked; that people really don’t care that tops are removed from mountains so that their snowmen can wave and their Santa-copters can spin into the night.

Nobody loves twinkly lights more than me. But my city’s Grand Illumination, for which the entire metropolitan skyline is lit by each building’s spectacular outline (including the Federal Reserve), seems mainly for the benefit of expressway drivers.

Who pays for all this?

Though it’s one of the few times families from the ‘burbs and counties venture into the urban area anymore, it hardly meets the merits of a standard cost/benefit analysis, much less one for sustainability.

Similarly, Virginia’s finest botanical garden hosts the Gardenfest of Lights, which outdoes all the lesser lightings, thereby contradicting the very culture it purports to preserve.

The American winter obsession with lights is simply anathema to our future. Boycott it in good conscience.

5. Let folks know that you’re thinking about them.
Most transition types have several groups of friends, and rarely do their worlds collide. Those who know of the coming collapse undoubtedly sense the powerful ‘us/them’ dichotomy that has formed around the issue. Many feel like a pariah in their own families and workplaces, and seek like-minds online.

The Internet allows us steppenwolves to find each other, communicate, commiserate, educate and validate. In the spirit of the season, recognize their contributions to your worldview: it’s undeniable, and it’s based in a foundation of genuine concern for the planet, the civilization, and for you. Real people write those posts and blogs. Send them emails or messages, with greetings and gratitude if you are so moved.

It’s great to connect with sympaticos all over the world, but, as corny as it sounds, we need to link in with our own communities in the here and now. Participate in neighborhood holiday events. Get to know the folks who would be your cohorts in making it through the long emergency.

To friends and relations you actually know, send actual snail mail cards. Send something tangible that people in your real world can hold and keep if they choose. As the US Postal Service struggles, the opportunity to send letters and cards dwindles. The end of cheap oil (or a pony express) will surely mean that those 44 cent stamps are actually quite the bargain!

As far as family goes, take it slowly. I’ve been surprised by the interest my parents have shown in my peak politics, and equally surprised by their reticence to change. The transition worldview can cause a new generational divide, and sometimes a breakup or divorce. It’s a big deal for life as we know it, including our existing relationships.

But sometimes it strengthens families, who seem to bond in their activities of preparation. Watch ‘Apocalypse, PA’, which premiered on the History Channel in mid November, and you’ll be amazed by involvement of the almost-grown kids in their dad’s end-times experiment. (The mom, not so much…)

When families talk about it frequently and work transition into everyday life, even having fun planning for a radically different future, they mitigate the actual crisis. That’s love and good parenting. Also, kids love old-timey gadgets with cranks and levers. They make great gifts, and they teach about simple machines, which may just be the sort of ‘technology’ they’ll need.

6. Be thankful for your blessings, including your knowledge and acceptance of change.
That you are even reading this presupposes several amazing achievements: That you can read, having been taught at either a private or public school, or at home. Blessing.

That you possess a computer with access to the Internet, the absolute miracle of worldwide communication and dissemination of ideas, information and opinion in increasingly rapid manner and vibrant form. Or that you are online at a local library or school, or using a friend’s device, or that you are walking around with a computer-cum-phone in your hands! Blessings, miracles, one and all!

My point is that these things all require personal and public bounty, time that you don’t have to devote exclusively to the basic needs of life (the growing and gathering of your own food, procurement of safe water, etc.), complex power generation and storage (electricity and batteries) and oil. In a post collapse world, we may not take any of these components for granted, as they may no longer exist.

Know that individually and societally, we are rich! Cherish your friends and family, your free time, your time to read and talk and learn. Weigh the future and envision how the holidays will be for your kids and grandchildren. Teach them your ways and traditions, your resilience and your gratitude.

Most important, have a HAPPY HOLIDAY!
.

In the Shadow of Christmas

SUBHEAD: In the future our Christmas company will be better, and the music will include the sound of our own voices.

By James Kunstler on 24 December 2012 for Kunstler.com -
(http://kunstler.com/blog/2012/12/in-the-shadow-of-christmas.html)


Image above: From (http://8tracks.com/neomaxizoomdweeby/traditional-christmas-classics).

Do you know why scenes or even just shots of freeways so seldom appear in the movies we watch? Because they are so depressing that nobody can stand to see them. The jolts of terror that you get in a horror movie at least inform you that you're alive, but the sight of a freeway only reminds you of what it's like to be dead.

By extension, the true condition of the USA is too depressing to think about, and that's largely the reason for our political paralysis. The "fiscal cliff" is only one step on a stairway to a different disposition of things, a world made by hand, in which we will no longer be prisoners of the freeway or hostages of the WalMart corporation, and I'm in favor of hastening the journey to get there rather than waste what remains of our wealth and spirits in futile rear-guard actions to stay where we are.

There may be fewer frenzied days of Christmas shopping in that future world, but the company will be better, and the music will include the sound of your own voice.

It's not that hard to imagine where history is taking us, if you accept the fact that it means a very different shape and texture of daily life. For instance: the jobs problem. We seem disappointed that none of our policy dodges -- money-printing, stimulus packages, bailouts, wars -- can bring back the working-stiff paradise of 1965 in which assembly line workers made as much money as tenured college professors and a year at the State U cost $500.

I don't happen to be a political conservative in the standard sense, but the right-wingers have a point when they say there are a lot of idle people out there who can't be supported forever by transfer payments. A lot of positions will be opening up in agriculture, but not in the way it is practiced today.

The Agri-biz model of food production is not going to be operating much longer. We're on the verge of a world food crisis that will provoke a complete revolution in farming, from the giant scale to the small and local scale, from industry to husbandry, from automation to loving care. The transition might not be a smooth one, since it entails questions of land ownership that, historically, get settled by political upheavals. But eventually we'll get to that place of social re-set and there will be plenty of work for even the partially able-bodied. Hard to imagine, I know.

The future is quite the opposite of the robotic wet dream currently being sold out of the corporate propaganda mills. It's much more likely that human labor (and human attention!) will be needed in millions of local economic niches, since rebuilding local economies is at the heart of that future.

This will be true in the activities that support local agriculture, but also in rebuilding Main Street commercial networks, the physical reconstruction of towns and neighborhoods to replace failed suburbs and failed giant metroplex cities, in transportation, education, and medicine, and in running households that are organized differently than today's familiar McHouses.

Right now the political process is resisting any effort to imagine that future, the aforementioned right-wingers most of all, despite their recognition of the transfer payment trap. More disturbing, though, is the likely apprehension by those in authority that the current arrangement of things is dangerously fragile. They are hostages to their own unwillingness to imagine living differently. So, doing nothing to upset the current system of organized complexity seems like the only safe option.

These implacable forces of history cannot be held back forever and will only move toward greater criticality in 2013. My annual forecast on these questions will come out next week in this space.

Meantime, find whatever joy you can in the frantic exertions of Christmas, as practiced today, mostly on the freeway, coming and going to and from the WalMart or Target or TJ Max -- and if you happen to be on the path to living differently tell us what your Christmas is like in the comments roll of Kunstler.com/blog.

See also:
Ea O Ka Aina: Kunstler Christmas Carol 12/26/11
Ea O Ka Aina: Merry Christmas 2009 12/24/09
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The Gobbler: My Earliest Christmas Memory 12/25/99
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Rituals as feedback in Bali

SUBHEAD: Bill Gates' operating system for agriculture is industrial and insensitive to living systems. By John Thackara on 17 July 2012 for Doors of Perception - (http://www.doorsofperception.com/notopic/why-bill-gates-needs-to-listen-to-more-gamelan-music-2/#more-3921) Image above: Terraced rice farms mingle with coconuts and bananas. From original article. The unique social and ecological nature of regional watersheds was the focus of a mesmerising presentation by Stephen Lansing at last month’s poptech conference in Iceland. His key point: Bali’s subak water management system is a “coupled social-ecological system”.

Balinese farmers have been growing rice in terraces since at least the eleventh century. Because the island’s volcanic rock is rich in mineral nutrients, water running off mountains fills the rice paddies to create a kind of aquarium.This system has enabled farmers to grow two crops of rice a year year for centuries. They do this using a unique form of cooperative agriculture that enables farming to flourish despite water scarcity and the constant threat of disease and pests.

Rice planting and water allocation is coordinated by subaks; these bring together all of the farmers who share water from a single source – such as a spring, or an irrigation canal. The subaks adjust cropping patterns cooperatively in order to achieve fallow periods over sufficiently large areas to minimize dispersal of pests.

Irrigation, in this context, is not just a matter of delivering water to a plant’s roots. The rice terraces are hydrologically connected to each other, so the farmers have had to solve a complex coordination problem: who gets to use how much water, when, and how. A complex, ‘pulsed’ artificial ecosystem has evolved over generations in which the allocation of water is adjudicated by a priest in a water temple. The arrangement is a dynamic one; cooperation is continuous among hundreds of farmers whose relationships span entire watersheds.

“There is a complex adaptive systems explanation for water temples” Lansing explains, “but also a complex cultural one”. (Lansing has been studying irrigated rice agriculture in Bali for 40 years, but is also is associated with the Santa Fe Institute where his interests include ‘ecological anthropology’).”The temples are more than just a kind of mathematical device”, he explains; “a great deal of attention is devoted to symbolic ritual activities such as food offerings, prayers to deities, and elaborate pilgrimages.

Image above: A water temple in the rice district of Bali. From original article.

Rituals, says Lansing, serve the regulatory function of feedback; they embody the interdependency of upstream-downstream relationships, and codify tradeoffs between water sharing and pest control that are the result a very long term trial-and-error process. Rituals materialise ideas accumulated over centuries.

In the 1970s, this system was badly disrupted. Indonesia, which was struggling to meet the costs of importing rice to feeds its growing population, perceived a need to improve agricultural productivity. The country turned for help to The Asian Development Bank, an early funder of the Green Revolution. Government subsidies for the use of fertilizers and pesticides were introduced. Farmers were made to switch to ‘miracle’ rice varieties, and were also pressured to disregard the traditional irrigation schedules of neighboring paddies and plant rice as frequently as possible.

The experiment almost destroyed subak system within a decade. After a brief increase in productivity, crops dwindled drastically as water shortages and infestation by vermin took hold. Miracle rice begat miracle pests as a plague of plant-hoppers devastated crops. By 1974, field workers in Bali were reporting “chaos in water scheduling” and an “explosions of rice pests”.

In 1984, Lansing told the Asian Development Bank that these problems were linked to disruption of the traditional system of water management, and that their high technology and bureaucratic solutions had proved to be counterproductive. ADB officials remained sceptical until Lansing, working with ecologist Jim Kremer, built a computer model. The model, which simulated different cooperation strategies among farmers over long time periods, confirmed that coordination – from farmer level up to the level of the watershed – was best made at the temple level.

Eventually, Indonesia’s officials became such converts to the water temple system that now, thirty years later, Subak has been accredited by Unesco as a ‘cultural landscape’ of world importance. “Subak brings together the realms of the spirit, the human world and nature” states the Unesco declaration; “This system of democratic and egalitarian farming practices has enabled the Balinese to become the most prolific rice growers in the archipelago, despite the challenge of supporting a dense population”.

Accreditation by Unesco will bring its own challenges. High among these is too much tourism. About 1,000 hectares of Bali’s paddy fields are already being converted into egregious spa complexes each year; with world heritage status comes a risk that this unique agro-ecological landscape will be replaced by a less sustainable system: the intensive cropping of large white migratory mammals.

From clock time to ecological time

In Bali, the ADB’s engineering approach nearly destroyed a thousand year old system that worked. For the time being, disaster has been averted – but in the world at large, a top-down mindset continues to dominate development.

The Alliance for a Green Revolution in Africa (AGRA), for example, which was founded by the Bill & Melinda Gates and the Rockefeller Foundation, speaks constantly in the productivist language of engineering. Its programs are all about “boosting productivity”, “rapid growth”, “delivery models” and “the creative forces of globalisation”.

By treating nature as if it were a machine to be speeded up, AGRA modifies the tactics but does not challenge the thinking of the Green Revolution.This approach can only be destructive in the long run. Nature is not a machine. It is a complex of living systems whose cycles operate at different speeds according to a multitude of different time scales. Natural time does not progress in straight lines, either; it moves in cycles that are shaped by the unique qualities of different locations.

People who have lived in a place for generations, like Bali’s rice growers, understand this. The “creative forces of globalization” cannot possibly do so. There is no place in a world of rapid growth and “boosting productivity” for the the complex temporality of plants, animals, and ecosystems. On the contrary: The industrial system has decoupled the rhythms of nature from the metronomic pulse of production precisely in order to speed the latter up.

One result of this speeding up was the depletion of soils in Africa by the first Green Revolution. AGRA’s solution? “Some application of fertilizers” combined with soil fertility “management.” Hmmm.

The Balinese, explains Stephen Lansing, have very different ideas. They think about time in terms of the multiple, concurrent and interlocking cycles found in nature. Their master calendar plots the rice cycle; it contains 210 days, the growth cycle of Balinese rice. A market ‘week’, which is three days long, has not changed for a thousand years. Lansing, with a sense of wonder, now understands that these ancient but living conceptions of time are what today’s ecologists think about, too.

If the rest of us are to work with nature, and not against it, we must subjugate machine time to organic, ecological, and even geological, tempos. Scientific knowledge is not an alternative to indigenous knowledge – we need both – but not in a hieracrchy with science on top. Managing environmental resources has to be collaborative, and adaptive. Different ways of knowing are vital if we are to understand and respect the unique assets of each territory.

This adjustment will be hard: The natural systems that sustain us move at a slower rhythm than we do. Feedback loops in nature are slower than lightning-fast synapses we’ve built into our machines. Think of soil: without it, we will all starve – but soil formation takes millennia, and can’t be hurried.

In connecting with the multiple cycles of nature, Balinese farmers have help: Their music is a form of ecological knowing. According to musicologist Judith Becker in Time and Tune in Java, Gamelan music, like nature, is composed of multiple interlocking cycles. Becker writes;

“It perfectly reflects its culture’s organization of time into cycles, subdivisions of cycles, and concentric cycles rotating simultaneously within each other order appears if the cycles are integrated well; it doesn’t if they are not well integrated. Music and time are clearly metaphors for one another”.

Joanna Macy, as so often, puts it best: “By opening our experience of time in organic, ecological, and even geological terms, and in revitalizing our relationships with other species and other eras, we can allow life to continue on Earth”.

And that’s why Bill Gates, and the rest of us, need to listen to Gamelan music more.

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Why is the bird a Turkey?

SUBHEAD: It's a similar reason that indigenous Americans were called Indians. Columbus was lost.

Image above: Illustration by Stephen Messenger from a related article (http://www.treehugger.com/files/2010/11/how-an-american-bird-became-known-as-a-turkey.php)

By Robert Krulwich on 27 November 2007 for National Public Radio - (http://www.npr.org/templates/story/story.php?storyId=97541602)

Here's the puzzle:

The bird we eat on Thanksgiving is an exclusively North American animal. It is found in the wild on no other continent but ours. It evolved here. So why is this American bird named for a Eurasian country?

To find out, I went back to an interview I did almost 30 years ago on NPR's Morning Edition with Mario Pei, a Columbia University professor of Romance languages, who died shortly after our conversation.

I return to his answer because it is still the best one available.

Professor Pei had two theories.

First, in the 1500s when the American bird first arrived in Great Britain, it was shipped in by merchants in the East, mostly from Constantinople (who'd brought the bird over from America).

Since it wholesaled out of Turkey, the British referred to it as a "Turkey coq." In fact, the British weren't particularly precise about products arriving from the East. Persian carpets were called "Turkey rugs." Indian flour was called "Turkey flour." Hungarian carpet bags were called "Turkey bags."

If a product came to London from the far side of the Danube, Londoners labeled it "Turkey" and that's what happened to the American bird. Thus, an American bird got the name Turkey-coq, which was then shortened to "Turkey."

Or…Theory No. 2 (and maybe both theories are correct): Long before Christopher Columbus went to America, Europeans already had a wild fowl they liked to eat. It came from Guinea, in Western Africa. It was a guinea fowl, imported to Europe by, yes, Turkish merchants. It was eaten in London. So it got the nickname Turkey coq, because it came from Constantinople.

When British settlers got off the Mayflower in Massachusetts Bay Colony and saw their first American woodland fowl, even though it is larger than the African Guinea fowl, they decided to call it by the name they already used for the African bird. Wild forest birds like that were called "turkeys" at home.

Why not use the same name in Plymouth? And Boston? And Rhode Island? So a name attached to an African bird got reattached to an American one.

The point is for 500 years now, this proud (if not exactly brilliant) American animal has never had a truly American name.

And just to keep this ball rolling…all over the world, people now can eat American Turkeys, but they don't call them Turkeys.

Across Arabia, they call our bird "diiq Hindi," or the "Indian rooster."

In Russia, it's "Indjushka," bird of India.

In Poland, "Inyczka"— again "bird from India."

And what, we wondered, do the Turks call our turkey?

Well, they call it "Hindi," again, short for India.

So in 1492, because Columbus wanted to be in the "Indies," our North American bird got robbed of its American-ness, which is why tonight, when you look down at your turkey, don't call it "sahib."

Call it "dude."

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