Archive for ‘Lockdown’

September 15, 2008


by Lockdown

On the outskirts of Palm Springs a few years ago I saw unfinished tracts and tumbleweeds blowing through the living rooms.  All my old man’s poker buddies using their homes as ATMs… I remember asking Rickie what to make of it.  Rickie said shit would hit the fan and spelled out why in detail.  Nice call.  Paul Krugman of the NY Times was also on this — why there would be ripple effects, strange attractors and Lorenz butterflies causing long distance tornadoes.  One thing all the experts agreed on though: 1929 could not happen again because you can’t have national bank runs.  As of today they’ve reversed themselves — a guy clicking his mouse can cause a lot of trouble.   The point is that 1929 is now a possibility — it’s on the table as a scenario, however unlikely.

The RNC convention was an electronic Nuremburg rally — but I did not know Sarah Palin quoted Westwood Pegler in her convention speech… world class anti-semite and McCarthy commie-basher.  Wall St. Journal broke this and NY Times came in with “Palin knows no more about Pegler than she does about the Bush doctrine.  But the people around her do.”

Strange times that warrant cigars in the desert as the stars wheel overhead…

It will be interesting to see where this shakes out.  I remember in the middle of the junk bond scam I thought: This is Old Testament, baby.  Yaweh must punish.  It didn’t really happen — though I did see Mike Milken one night at the Hollywood halfway house at the head of Vine St. cutting the yellowed grass with a push-mower. I recognized him without his hairpiece.