Jack Burns Lives!

Wasichu Go Crazy

I’m getting to the point to where I don’t even want to read the newspaper. I’ve turned CNN off. Can’t even stomach MSNBC now that they’ve stopped reporting news and turned themselves into a leftist version of FAUX News. 

What ever happened to just reporting the news? Just tell me what happened without all your cutesy little remarks and insults. 

I frankly can’t take another day of hearing about all this financial insanity. Of hearing how the Change President is appointing hoards of Clinton hawks (let’s not forget his actions Yugoslavia, Sudan, Afghanistan, Haiti and NAFTA) and apparently moving straight toward the maintenance of the malignant status quo.

I think we should have some frank, straight forward talk about all this bailout crap. No more Paulson pontifications and obfuscations.

We have largely non-regulated financial services firms with thousands of executives that lived pretty high on the hog for years while also apparently mismanaging funds and making poorly informed decisions. Quite a few made in excess of $100 million per year. Many live in 8,000 square foot homes and send their kids to private high schools that often in excess of $20,000 per year. Lavish vacations, second and third homes, yachts, planes…you get the picture. 

Then we have all these flighty mortgage companies, that seemingly popped up overnight, offering all sorts of loans to people that either had no business buying a house or that were buying one way beyond their means.  In other words, the system extended too much credit to too many people. 

And all to prop up the housing and construction industry, which also basically went nuts, overbuilding spec houses and McMansions all across the country. 

Why? 

For growth, that’s why. That one little word that has made us go completely fucking insane. It makes me think once again of Black Elk when he spoke of the Wasichu (white folks) taking his land.  Once whites found gold on the Madison Fork, it was pretty much over for the Latoka. Black Elk stated “Wasichu found much of the yellow metal that they worship and that makes them crazy.”

Truer words were never spoken. The simple, plain truth. The problem is we’re apparently now even crazier.

Why is it that so few people can see what’s really going on here? That this is not sustainable and that any talk (Obama, you listening?) about sustaining this type of growth, or god forbid, extending more credit is INSANE.

The current act in this tragic drama has us bailing out banks. Hundreds of them, many of which have Texas ratios over 100%.  Two, perhaps more, are in my community.  

But get this…we’re extending bailout money so they can survive and….extend more credit so we get the growth going again!! 

And yes, you former home owners that were foreclosed on are going to pay to help bail out the very bank that’s preparing to auction your house on the courthouse steps. Refuse to pay? Well, you’ll go to jail and face almost certain complete and total financial ruin. 

Kill yourself? Success means you’re dead, which isn’t good, and failed attempts are risky, because if you get caught trying and don’t succeed, the state will put you in an institution that will cost you and your family a bundle. Assuming the wife hasn’t already left you and sued for any remaining assets in divorce court.

There’s no escape. 

Okay, for the last time. Here’s the unavoidable truth:

1. You can’t grow infinitely in a world of finite resources. Our little planet is giving us all sorts of warning signals (and so is the economy), but we’re apparently deaf, dumb and blind.

2. The only type of capitalist economy that is sustainable is a steady state economy bound by geophysical and biological limits. 

The third unavoidable truth is Obama can’t fix this. It’s too ingrained in our national psyche. We’re going to stay on this path until we assure our own destruction. After that, two options are plausible. One, that we relearn how to live in harmony with the planet, in smaller, sustainable subsistence communities, or we create a mega-Orwellian police state, sort of like what Abbey predicted in Good News. 

Which one is emerges is up to us.

Comment from habiba - December 14, 2008 at 12:40 am

why did the wasichu attack the lakota