A Democracy?

One of the characteristics of circling the drain is that we keep passing the same spot each spin around the tub. Lately it is the ‘popular vote’ spot that we have passed by once again. We keep hearing how wrong it is that Hillary won the popular vote but not the White House. It is almost as though people think they live in democracy – when a democracy was what the founders explicitly wished to avoid.

Why would the founders want to avoid a democracy in favor of a republic? Simple reason – a republican form of government is the only form of government that protects minority rights. One might think that most people learned this by the 7th grade – but based on all of the screaming people do in the mistaken belief that they live in democracy it is obvious that people did not learn this.  Damn public schools again!

I would imagine the great majority of those wishing to live in an actual democracy would quickly regret the decision. A democracy is form of government where a majority decides. The minority has no effective rights.

I have heard people like Rachel Maddow claim that there is no difference between a republic and a democracy. I do not know if she truly believes that or if she is attempting to deceive people into believing a lie – but there is little going back from bad decisions in a democracy. Because it only requires 50%+1 to do as you wish with and to others a democracy is very susceptible to emotional arguments and the Zeitgeist – hence in a democracy the emphasis and path to power resides in deception and emotionalism. In a democracy all one must do is control the emotions of 50%+1 voters on the day they vote – and you can then do what ever you wish.

How it works. One must wonder about the motives of people who desire such a system…

History Will Not Be Kind To Us

MN Gordon, a very well respected author on the economy and markets, posted “To Hell In A Bucket” last week. It is worth your time to read.

A taste:

“There are predictions floating around that The Donald will again double the federal debt, taking us to $40 trillion.  If he and Chuckles Schumer succeed in obliterating the debt ceiling, he just may pull it off.


“Can you imagine how miserable the economy will be when it’s larded up with $40 trillion in government debt?  You’d be lucky if GDP merely flat lined.  The whole dang shebang will be crushed under weight of this massive debt.  And don’t get me started on corporate and private debt – that’s a whole other story.


“You see where this is all going, don’t you?  To hell in a bucket!


“You’d think runaway government debt would be a big deal for people.  But it’s not.  As I keep telling you, no one cares about the federal debt.


“If you want people to read your articles, you need to write about Amazon or Apple stock – or cryptocurrencies.  Tell them prices will double and then double again.  That’s what people want to hear.  So why not give it to them?”

The question is – why do we not care? When did we become so infatuated with greed that we honestly prefer reading “about Amazon or Apple stock – or cryptocurrencies.  Tell them prices will double and then double again” rather than we have – quite literally – mortgaged our future and the future of our children and grandchildren? How did we become so removed from caring about our future and the future of our offspring and the future of our country and the future of our world that the majority of people simply do not care?

In the not-too-distant future historians will ask this question and they will postulate many different answers. They will ask how society arrived at the conclusion that an Obamaphone was more important than the future of children? They will ask how society arrived at the conclusion that assuring the profitability of insurance companies came to be proclaimed a human right? They will ask how society arrived at the point where the cause-and-effect of these things became so convoluted that the majority of society could no longer determine any cause-and-effect? They will ask how an education system that should have been teaching fundamental cause-and-effect became so obsessed with its’ own greed and proclamation of rights that it failed to educate on anything related to the reality of this situation.

Future historians will not look back on us favorably.

Other Side Quote Of The Day

Other Side Quote of the Day: “Attempted to define reality is a core feature of authoritarianism.  This is what the Soviets did when they erased political dissidents from historical photos.  This is what happens in George Orwell’s classic novel “Nineteen Eighty-Four,” when a torturer holds up four fingers and delivers electric shocks until his prisoner see five fingers as ordered.  The goal is to make you question logic and reason and to sow mistrust toward exactly the people we need to rely on: our leaders, the press, experts who seek to guide public policy based on evidence, ourselves.” – Hillary Clinton analysis of Orwell’s ’1984′

Page 1 of 12812345...102030...Last »