Damocles Had Nothing To Do With It. It Was Cassandra All The Way For Sippican

Cassandra,
daughter of the king and queen, in the temple of Apollo, exhausted from
practising, is said to have fallen asleep; whom, when Apollo wished to
embrace her, she did not afford the opportunity of her body. On account
of which thing, when she prophesied true things, she was not believed.

Let me wax philosophical about my wife’s gas tank.

We drive old vehicles. I don’t like driving old vehicles. The reliability of your transportation is paramount. Old cars break down. Buying a new car is a form of insurance against risk. But real insurance against risk is unavailable, or illegal, for such as us, with one exception — personal avoidance of risk at all costs.

My wife saw a piece of metal hanging below the car that looked as out of place as an honest man in Congress. One of the two straps that held the gas tank from dragging on the road had rusted clean through and broken. The other strap looked as reliable as cell phone service in a tunnel. Something must be done, and immediately.

My family never goes anywhere much now. We cannot hope to weather much bad luck with our own meager resources, and we cannot rely on others, so we keep our heads down. We were lucky that we discovered the problem in our driveway, instead of on the highway. You might think us daft for being grateful for a broken gas tank strap in our driveway, but we were. We were doubly grateful that it wasn’t February, as well. So we offered our hosannahs. Now what to do?

In a fiscal landscape that made any sense, I’d pay a mechanic to repair the car. There’s a fellow down the street –walking distance, what a luxury for us —and he’s honest and could use the money. He’s my neighbor. But I poked around and found out that the repair would cost maybe $750 at a dealer. The mechanic down the street might only command half that, but it’s still too much. I’d have to fix it myself.

I do not enjoy fixing my car. I’ve done it, back when I was young and Gerry Ford and Jimmy Carter were desolating the landscape, but I have no natural ability or affinity for it. But I went to Amazon, and found the correct parts, and ordered them, and crawled under the car and fixed it. My older son is old enough to help now, thank goodness. I am somewhat infirm in certain ways, and to lay vaguely upside-down under a car yanking on rusty bolts nearly overcame me. But after two days of effort interspersed with trips to the fainting couch, we had replaced the parts. The repair will outlast the car.

I did not earn money by fixing my own car, of course –just the opposite. The mechanic did not earn money. The people who rely on the mechanic to earn money will not earn money, and so forth. Ultimately, through a process which must be deduced, because it cannot be observed, this lack of commerce will ultimately filter its way through the entire economy to the point where someone will not buy what I make because I didn’t hire the mechanic. It’s the circle of life, except it’s the circle of the death of commerce.

I am barraged daily with references to Helicopter Ben running the Treasury printing presses day and night, and thereby causing inflation. It’s an insane idea. When the velocity of money sniffs zero, there is no inflation. The Fed makes money and gives it to the government, who lends it to itself, and none of it ever makes it into the wild where a car mechanic and his downstream brethren might get ahold of it. For productive people in today’s American economy, the money might as well not exist. The bill for it will exist plenty in the future, of course. But when the velocity of money is zero, the future must be entirely discounted. It’s a meaningless concept, like watching an unplugged clock.

The term velocity referring to the passage of money through the alimentary canal of commerce is very descriptive, and apt to my circumstances. The economy is in exactly the same shape as my wife’s gas tank — filled
with fuel which only makes it sag on its rusty underpinnings further,
making it more difficult to fix, and dangerous to be underneath, but you
must bang around under there anyway because there’s no other choice. 
Nervous Nellies endlessly warn me that if it was all released at once, it would explode, but that eventuality is remote compared to going hungry because we can’t drive to the supermarket until it’s fixed. Above all, the fuel isn’t taking you anywhere because the whole apparatus is busted, and the process to fix it is busted, and if you want it fixed you better do it yourself because nobody outside a building with a seal on it has any money.

It’s hard to work under the gas tank of Damocles.

Sippican’s Greatest Hits: Welcome To The New Captain Tammany H. Plutocrat Seawater Economy

[Editor’s Note: From 2011. You know, I’m almost getting used to drinking bilgewater at this point. And there is no editor]

I’m forced to dabble my finger in the turds of the media looking for kernels, just like everybody else. I’m a businessman and need to know what’s what. I can only find out things by inference or by tough experience, though. No one that gets paid to talk about things knows anything. Even if they did, they can’t write. Even if they could, they wouldn’t write anything but propaganda.

But people can be observed, even at a distance, filtered through the septic tank of the media. I like people. Not ‘people’ in the aggregate. I like persons. The People is a lynch mob on a bad day. I’m a person, and I like other persons.

I especially like American persons. America is the most interesting place in the world because it’s just the whole world in one place. We should abolish the United Nations because it’s too narrow a slice of humanity, and just give America its own reality TV show instead.

So, person to person, I don’t know about you, but I’m weary of being ruled — not governed, mind you; governed is in the rear-view mirror, and fading — ruled by a gaggle of metrosexual car salesmen, slovenly ward heelers, and soi-disant intellectuals that can’t operate an apostrophe, never mind something substantial and commendable like a dry cleaners or a brothel.

Wait, never mind, I do know about you. I pay attention to you, the anonymous and the friend alike, because it it my business to know about you. I have to try to understand you well enough to get you to read my writing and put your porridge or your Perrier down on the tables I make. And I’ve never seen everyone as desperate and anxious as they are right now. I’m less anxious and desperate than your average citizen only because everything bad has already happened to me. You’re right to worry, it’s not fun. I lived as an almost-adult in the seventies, and that was pretty bad, but it’s much worse now. The seventies came with its own anaesthetic. We succumbed utterly to malaise. We gave up. No use squirming in the electric chair, after all. Eventually they took the boot off our necks and we had a pretty good run. It’s different now.

The economy is like a traffic jam and an accordion. Most traffic jams have no reason to be. There are lots of cars, humming along. Then someone gets nervous and taps the brakes. Even in a benign business climate, the commerce cars veer from lane to lane, lock up the brakes and exaggerate the effect of the first gentle tap on the pedal from the guy up ahead. The accordion is squeezed, and makes unpleasant noises. Of course they’re unpleasant; it’s an accordion. In a less benign business climate, the driver eating a hoagie and talking on the phone and the woman applying eyeliner while texting crash into each other and things get really bad, really fast. But eventually, if the wreckers and the ambulances sort things out, people get back to zooming along and giving each other the occasional finger. The accordion bellows out. I’ve lived through the accordion going in and out four or five times already.

We’re way past that now. The traffic-jam-accordion is five years in the rear-view mirror. The cars didn’t just tap the brakes and have a fender bender; they left the road and ran over the pedestrians and crashed into the houses and burned down the city. The ambulances were in the shop, the wreckers were up on blocks because their wheels were stolen, and after growing weary of having their four-hour lunches interrupted by the complaints from the people stranded on the highway, the government strafed the survivors instead of helping them. They followed up by napalming their cars, and sending out parking tickets for the burnt-out hulks to any survivors.

Welcome to the new Captain Tammany H. Plutocrat Seawater Economy. Climb aboard the Ship of State, a wholly owned subsidiary of Titanic, Inc, they said. But there isn’t room for everyone on board, and most of us are cast adrift in a rowboat, and there’s nothing but ocean in sight. We sailed until becalmed, rowed until our back gave out, and the map we were given said land was just over the horizon, but of course the horizon, by definition, is always on the horizon. The canteen we were given is dry, but has a Groupon for water in it. The ration cans are filled with nothing but dietary advice. Captain Plutocrat buzzes by from time to time on his cigarette boat, made from the finest flotsam of our lives dashed on the rocks he steered us to, and gives us advice. First it was: You don’t need all your possessions; why not throw them overboard? Then throw the people you don’t like overboard. Then the feeble. Eat the fat ones before they get skinny. Why not chuck the kids in the ocean, too? Finally, when we’re all alone with nothing, he tells us to stop whining and drink seawater if we get thirsty.

Captain Plutocrat has detractors, of course, and their worldview is the opposite of his, but one can’t help but notice they’re on the deck of Captain Plutocrat’s speedboat with him, and their advice if you’re thirsty is to take the seawater rectally instead of orally. Then they bomb off and leave us there. 

We drink the seawater and it makes us crazy enough to drink seawater so we drink seawater, and there’s no end to it. It’s our own fault. We tapped the brakes, got in the rowboat; we listened.