Let's have a depression

I think we're about due, don't you?

By now you should be living green, have an organic vegetable garden out back, use alternative transportation for everywhere you go, and be recycling every bit of man-made flotsam that you use.

The politicians keep screaming about the 'crisis' we are in, and the Democrats especially keep telling us it is the "worst economy since the great depression". Well, they have talked us into a self-fulfilling prophesy, with all their gloom and doom, so let's show them what it is really like.

Governments cannot beat the market. None ever has, and I believe that none ever will. Propping up airlines, car makers, banks, et. al, is just another version of the giant train wreck that WAS the Soviet economy, before they discovered capitalism.

Now we appear to have eagerly turned down that old, lame road. Last one to the cul-de-sac please turn out the lights.

If Americans don't want American cars, then there is no need for American carmakers. And let me be first in line to say "screw the labor unions". Take your collectively-bargained wages and pensions that priced you right out of the market and eat them. They will go great with the Kale that you are growing.

If some banks close, others will open. There is money out there, and for the right price, lenders will lend it. The government does not need our hard-earned tax dollars to prop up mismanaged banks.

If Fannie Mae and Freddie Mac go under, let them. They are NOT "too big to fail". They dealt in securities markets, badly, as it turns out. If the heaviest of players cannot determine what sensible investing is, then they have no right to continue trying to find out. Get your mortgage the old-fashioned way. Earn a bank's trust. Hold a job. Make timely payments. Only buy what you can afford. Buying a house because you are betting it will increase in value so you can sell it to cover your costs is a terribly risky idea, as so many have found out.

Yep - I think it is time for a hard economic lesson, and a full depression might be just the thing. To match the real deal, where stocks fell from 332 to 42 in '29, we will need to see our market decline to 1,755.

Next, we need job losses. LOTs of job losses. Not this piss-ant 10th of a point here and there, where unemployment "soars" from 5.5 to 5.7 percent. No, we're talking let's see almost half of us out of work. Let's go to 40 percent. If that happens, then a LOT of those high-earners we hate so much will be next to us in the soup lines. I for one, really want to see Bill Clinton trying to figure out how the hell you dig up a potato.

We can stop worrying about how we are going to afford that 72" flat screen, and start worrying about how we are going to feed our kids tonight.

We can stop complaining about global warming and start working to heat our homes through the winter, with wood, oil, or anything else that burns. Maybe our paper money.

We can stop trying to keep up with the Joneses and start looking after our own ass...er...sets.

We can actually GO hungry so we can stop bitching about how obese children in this country are "starving under our own noses".

And we can share a park bench with a homeless person, because many of us will be homelss. And we will quickly come to understand the difference between being in the street by choice and by necessity.

Yes, I think a depression is exactly what we need. And from the ashes of all the liberal crap ideas we have been force-fed during the last hapless century and the dawn of the current one, perhaps will rise once again a moral, hard-working, self-sufficient, competitive, and self-governing society.

As they often say: No pain, no gain.

America is no more

Today we welcome the transformation to a Marxist society.

It's the change we voted for.

It's been a wonderful experiment for 200 years, this "freedom" thing.

But reality had to take hold sometime. It's far better to be protected by the state than to actually have to exercise personal responsibility.

Now I just need to get on this gravy train and demand my share. It's only fair, right?

The Crash

OK folks, this one is short.

I thought the economy was in the toilet. I thought the crash had come. I thought the bottom fell out, and that we were entering the next Great Depression.

I guess all these things may yet come to pass.

But to gain perspective, I looked back at conditions during the first Great Depression.

The market fell from a high of 333 to a low of 42.

http://finance.yahoo.com/echarts?s=%5EDJI#chart2:symbol=^dji;range=19281023,20081023;indicator=volume;charttype=line;crosshair=on;ohlcvalues=0;logscale=on

Unemployment reached 25 percent at its peak.

http://www.thegreatdepression.co.uk/unemployment-during-the-great-depression/

Today the market would have to go down to 1,754 to reach an equivalent decline.

Unemployment is hovering around 6 percent. I remember 8 1/2 percent under famed Democrat Jimmy Carter. That wasn't so long ago, now was it?

Well now that we are about to put a true Marxist into office and majority support for him into both houses of Congress, we shall finally see what a red America will look like.

I can't wait, can you?