MORPHIZM ARCHIVE

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Clusterfuck! Worse Than 1789?

[Jim Kunstler, Clusterfuck Nation]
Senator Levin pretty much had Goldman Sach’s Lloyd Blankfein dead in a casket with that now-notorious email from GS’s head of sales and trading, Tom Montag, describing one of their billion-dollar investment “products” as “one shitty deal.” Levin seemed to delight in crossing the boundary into the realm of the unspeakable, [...]

Clusterfuck! A Still Moment

[Jim Kunstler, Clusterfuck Nation]
George W. Bush was onto something in the fall of 2008 when he remarked apropos of the Lehman collapse: “…this sucker could go down.”

It’s my serene conviction, by the way, that this sucker actually is going down, right now, even as I clatter away at the keys — perhaps in slow motion, [...]

Clusterfuck! Where Is RICO?

[Jim Kunstler, Clusterfuck Nation]
It’s interesting and instructive to read The New York Times’ lead story this morning, Top Goldman Leaders Said to Have Overseen Mortgage Unit. While it pretends to report all the particulars of the huge scandal growing out of Friday’s SEC action against Goldman Sachs, the story really comes off as an attempt [...]

Clusterfuck! Our Turn?

[Jim Kunstler, Clusterfuck Nation]
Nations go crazy. It’s terrifying when it happens, especially to a major nation with the ability to project its craziness outward. We look back on the psychotic break of Germany in 1933 and still wonder how the then-best-educated population in Europe could fall under the sway of a sociopathic political program. We [...]

Clusterfuck! The Party of Cruelty?

[Jim Kunstler, Clusterfuck Nation]
It was amusing to see the Republican party inveigh against health insurance reform as if they were a synod of Presbyterian necromancers girding the nation for a takeover by the spawn of hell. This was the same gang, by the way, who championed the Medicare Prescription Drug Improvement and Modernization Act [...]

Clusterfuck! Where Have We Been, Where Are We Going?

[Jim Kunstler, Clusterfuck Nation]
Driving down the broad avenues of Cleveland, Ohio, was like flipping through the pages of a picture book about the rise and fall of our industrial empire. Where demolitions had not removed things — a lot was gone — stood the residue of a society so different from ours that you felt [...]

Clusterfuck! Then All At Once

[Jim Kunstler, Clusterfuck Nation]
I was plying the interstate highways of New England this weekend — there is no sane way to get from Albany, New York, to the vicinity of Middletown, Connecticut, by public transit — marveling at the vistas of normality all around me: the freeway lanes with their orderly streams of happy motorists, [...]