Strange Jubilee | James Howard Kunstler

[Tace]

James Howard Kunstler -- World News Trust

Apr. 9, 2012 -- Is there a Baby Boomer so dim in this land of rackets and swindles who thinks that he or she will escape the wrath of the Millennials rising? The developing story is so obvious that only an academic economist could fail to notice.

Here's how it will go: some months from now -- as the financial unwind worsens, and the mirage of gainful employment shimmers away to nothing, and the technocrats of Europe meet nervously by some Swiss lakeside (and are seen glumly shaking their heads), and Romney and Obama try to out-do each other peddling miracle cures for the tanking national self-esteem -- a dangerous meme will go forth across the internet, and this meme will say: "Millennials, renounce your college loans and set yourselves free!"

And then something truly marvelous will happen. They will at once disempower the swindling generation of their fathers, teachers, loan officers, and overlords and quite possibly bring on, at long last, the epochal collision of pervasive American control fraud with the hard hand of reality.

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[saras]

1. The WRATH? I'm a Boomer who's in college RIGHT NOW accumulating debt. Sounds SWEET to me.

Of course, I'm NOT one of those boomers who got wealthy early, invested all their money in the stock market, and then turned neocon in order to protect their "retirement", either.

As Nick the Greek said, NEVER bet against the house. Bet against people who make irrational bets.

[n2doc]

2. Did Kunstler lose a job at a university?

When the universities do go down, tossing their employees overboard in the process, it will be interesting to see the former faculty chairpersons and distinguished professors of econometric modeling learn how to plant kale and care for chickens side-by-side with their formerly-indentured students. I can imagine a period of turmoil in America even harsher than, say, the Cultural Revolution of the 1960s in China where officials, professors, and authorities of all kinds were paraded through the angry mobs wearing dunce caps.

I wouldn't wish another 'cultural revolution' on anyone. What a jerk. Does he think that the rest of America will sit blithely by while a select few get debt relief and screw higher ed for the rest? I don't think so.

[UnseenUndergrad]

3. From what I've heard of his post-apocalyptic fiction...

And I may be horribly misinformed...

he believes that the blacks and the latinos will massacre each other in race wars while isolated, lily-white farming communities in places like upstate NY will be ruled wisely and peacefully by middle-aged scholar kings who will have beautiful young women throwing themselves at the old geezers.

I don't get it either.