“Wake up and smell the unreality!” – Jim Grant
It’s probably a little late in the game to confess this to you, but the truth is that I don’t write for you…I write for me. I write to preserve my sanity much the same as one would dive into the supine realm of the head-fixers to expunge the emotional engine gunk that clogs our lives…which is why I’m as happy as a clam to write for a reading audience of 1 as I would be for 1,000,000! OK, a slight uptick registering on the BS Meter there…But speaking of BS, what say we take a look into the Major League BS World of The Make Believers? Let’s see how the Pros do it, shall we?
Jim Grant has made my radar screen twice in as many days now! I was listening to a late afternoon interview on Bloomberg radio this past Thursday on my way home from work when a news alert broke the story of JP Morgan’s $2 Billion loss on a bad trade in their Chief Investment Office! My first thought, as I looked around surveying the faces of my fellow motorists, who’s listening…who cares any more? And then I sat back and listened as a parade of stooges for the Oligarchy came on and praised Jamie Dimon for his handling of the “egregious” situation. $2 Billion dollars… “egregious”, “self-inflicted”…
Now I realize I may be one of only two or three people on the entire length of NJ Route 17 who connects the dots linking Jamie Dimon to Barack Obama and Jon Corzine (because the majority of us are sufficiently distracted)…but I get home and go to the computer to check in with Zero Hedge to see what they have on the story, and BOOM! From the same lips that uttered Thursday’s The Quote of the Century…I hear “…that when you can fund investment at 0%, we are collectively being manipulated and moreover should try to realize – as an investing public – that we are Jim Carrey in The Truman Show.” WOW! (His interview with Marie B of CNBC is linked below)
So, for those of you who haven’t seen the movie, Truman (played by Carey) is a character whose entire life is an actual staged production. The town, the people, everything staged…all props and actors…right down to family and friends. He is the only person in the world who doesn’t know that everything is fake, and that he is actually the star of The Truman Show. Nothing is real! From the traffic to the weather, everything is produced for dramatic effect…and ratings!
Now in the movie, Truman begins to notice tiny little irregularities…like cameras falling out of the sky…fissures in the façade. This is kind of exactly where we American citizens…and really; freedom-loving people everywhere are right now. We have all been played and manipulated to perform a certain way by those creating the circumstances to promote a certain behavior…and an eventual outcome. Here, everything is produced for one thing and one thing only. Every crisis, every storm, every stimulus and bailout is manufactured…staged to weaken the individual and empower the central planners! This is exactly why so many of the Hollywood Elite support Obama. They of all people know that none of this is REAL, but they LOVE their parts too much to give any of it up!!!!
God Bless the Tea Party is all I have to say! George Clooney can open his home up to every rich delusional psychopath on the planet willing to shill for Obama…desperate to keep the show going. That noise on your roof George? That’s the Tea Party raining cameras on your Shangri la Parade old chum! There is nothing worse for an actor than that moment when they know the show is really over. No more curtain calls, adoring fans convincing them they are Gods! You know Cher’s inside (the big black cloud with collagen lips!) “If ROMNEY gets elected I don’t know if I can breathe the same air as Him & his Right Wing Racist Homophobic Women Hating Tea Bagger Masters.” Whew…such collagen enhanced vitriol!
Turn out the lights, the party’s over…It’s going to be a strange transformation however because here’s the deal; there are still a whole lot of us Truman’s who’ve bought in to this charming little show. It has, after all, been quite the hit with quite the run! But you can only ride unreality just so far. Usually it is the moment we realize that if you or I were to pull a Corzine or a Dimon, we would go straight to jail! Why is that?
The Truman bubble is about to burst! Like the producers of any Broadway show will tell you, the show must go on…until it can’t! And it can’t go on without money! One can only borrow so much for so long. And more borrowing to pay interest due on outstanding debt with fewer and fewer producing assets to support any of it, is well…in the words of James Lebenthal, “Deficit lending is like giving salt water to a man dying of thirst.”
Grab the popcorn! This is about to get very interesting…http://www.zerohedge.com/news/jim-grant-world-finance-nothing-truman-show