Civil Unrest In Guadalupe, February 2009

Researching trouble spots that could predict how civil unrest might  unfold in the future, I came across this report from February 2009 ,about insurrection in the French Caribbean. It is described, literally, in black and white terms, as a class war that breaks out along racial lines. The source being The Daily Mail, this might be sensationalistic. But there’s no denying it’s plausible:

“Britons are among thousands of tourists fleeing Guadeloupe after full scale urban warfare erupted on the French Caribbean island.

Trouble broke out on the island earlier last month after protesters began rioting over high prices and low wages.

But the situation escalated this week after protesters began turning on rich white families as they demanded an end to colonial control of the economy.

The troubles come at the height of the holiday season, with thousands of mainly British, French and American tourists on the paradise tropical island.”

Read more: http://www.dailymail.co.uk/news/worldnews/article-1150062/Britons-flee-French-island-Guadeloupe-rioters-turn-white-families.html#ixzz10g0gHgMy

The 60 Million Strong White Underclass

Joe Bageant writes about the white underclass in America in his latest book, Rainbow Pie: A Memoir of Redneck America (Portobello Press, 2010):

“When World War II began, 44 per cent of Americans were rural, and over half of them farmed for a living. By 1970, only 5 per cent were on farms. Altogether, more than twenty-two million migrated to urban areas during the post-war period. If that migration were to happen in reverse today, it would be the equivalent of the present populations of New York City, Chicago, Miami, Philadelphia, Boston, and Saint Louis moving out into the countryside at a time when the U.S. population was half of its present size.

In the great swim upstream toward what was being heralded as a new American prosperity, most of these twenty-two million never made it to the first fish ladder. Stuck socially, economically, and educationally at or near the bottom of the dam, they raised children and grandchildren who added another forty million to the swarm. These uneducated rural whites became the foundation of our permanent white underclass. Their children and grandchildren have added to the numbers of this underclass, probably in the neighborhood of 50 or 60 million people now. They outnumber all other poor and working-poor groups — black, Hispanics, immigrants. Even as the white underclass was accumulating, it was being hidden, buried under a narrative proclaiming otherwise. The popular imagination was swamped with images that remain today as the national memory of that era. Nearly all of these images were products of advertising. In the standard depiction, our warriors returned to the land kept free by their valor, exhilarated by victory, and ready to raise families. They purchased little white cottages and Buick Roadmaster sedans, and then drove off into the unlimited horizons of the ‘land of happy motoring’. A government brochure of the time assured everyone that ‘An onrushing new age of opportunity, prosperity, convenience and comfort has arrived for all Americans.’ I quoted this to an old World War II veteran named Ernie over an egg sandwich at the Twilight Zone Grill near my home in town. Ernie answered, ‘I wish somebody had told me; I would have waved at the prosperity as it went by.’

According to this officially sanctioned story of the great post-war migration, these people abandoned farm life in such droves because the money, excitement, and allure of America’s cities and large towns was just too great to resist. Why would anyone stay down on the farm when he or she could be ‘wearing ten-dollar shoes and eating rainbow pie’? One catches a whiff of urban-biased perception here; but then, the official version of all life and culture in America is written by city people. Our dominant history, analysis, and images of America are generated in the urban centers. Social-research institutions, major universities, and the media — such as ABC, HBO, PBS, and the Harvard University sociology department — are not located in Keokuk, Iowa; Fisher, Illinois; Winchester, Virginia; or Lubbock, Texas.

I grew up hard by the Blue Ridge Mountains of Virginia and West Virginia, and am a product of that out-migration; and, as I said, grew up watching it happen around me. I’m here to tell you, dear hearts, that while all those university professors may have their sociological data and industrial statistics verified and well indexed, they’re way off-base; they’ve entirely overshot the on-the-ground experience. In fact, they don’t even deal with it. You won’t be surprised to hear that the media representation of the post-war era — and, let’s face it, more people watch The History Channel than read social history texts — it is as full of crap as an overfed Christmas goose.

My contemporaries of that rural out-migration, now in their late fifties and mid sixties, are still marked by the journey. Their children and grandchildren have inherited the same pathway. The class competition along that road is more brutal than ever. But the sell job goes on that we are a classless society with roughly equal opportunity for all. Given the terrible polarization of wealth and power in this country (the top 1 per cent hold more wealth than the bottom 45 per cent combined, and their take is still rising), we can no longer even claim equal opportunity for a majority. Opportunity for the majority to do what? Pluck chickens and telemarket to the ever-dwindling middle class?”

Read the rest of this excerpt at Alternet.

My Comment:

I’ve enjoyed Bageant’s writing and the insights it offers into rural Americans of the kind the media elites tend to reflexively dismiss. The last of the racial insults still permissible in public is “white trash” or “red-neck.” Sarah Palin’s immense unpopularity with the liberal intelligentsia boils down to her evident origins in this class, although Palin herself is certainly middle-class. Nonetheless, the deeply class and race-based commentary about her has pigeon-holed her as one of “them”.

Yet Palin’s following is middle-class and generally educated, skilled and successful. Why then are they conflated? That’s what puzzles me.

Bageant’s underclass, as he portrays it, truly is functionally illiterate and on the verge of desperation.

If anyone ought to threaten the intellectual elites, it ought to be a gun-toting, tattooed, out-of-work chicken -plucker. But that’s not the group that shows up for the Tea Parties. And it’s not the one the media is busy painting shades of black.

So why the conflation?

My guess is it’s because the establishment most fears a coalition of these two white groups – the underclass and the middle-class. That coalition, cutting across class and prone to nativism, will be the group that has a real chance to topple the establishment.

Which is why the elites are doing their best to split the white middle-class (and upper middle-class) from the working class. That is what the deployment of the class-based rhetoric amounts to, It is a challenge to the middle-class suburbanite – do you want to be one of them (the rednecks) or one of us (the educated elites)?

Posed in those terms, the elites believe the challenge will pry away the accountants and soccer moms from the chicken-pluckers.

Let’s hope they’re in for a surprise.

Fannie CEO Raines’ Emissions Patent Would Make Millions From Cap-n-Trade

From Jerome Corsi, World Net Daily, June 18, 2010:

“Former Clinton and Obama budget adviser Franklin Raines owns a key carbon-emissions patent he developed as CEO of the government-sponsored mortgage giant Fannie Mae, positioning him and his partners to make millions of dollars if it is used in any carbon-capping scheme implemented by the Obama administration. Continue reading

Sauvik Chakravarti On Eco-Statism

Sauvik Chakravarti at Antidote on human-hating environmentalism:

Next: look at the different “utopias” of libertarians and environmentalists. Libertarians idealise the most perfect freedom. Environmentalists idealise “pristine” Nature. They are all from cities – but they love the jungle. They love beasts – the tigers and the elephants – and never consider what life must be like for someone who lives near wild elephants and tigers. These forest-dwellers are enemies of the environmentalist. Their greatest friends are the State forest guards – the very people the forest-dwellers hate. Environmentalists are therefore enemies of Man, enemies of Freedom, and friends of the State. This should always be borne in mind. They are all “watermelons”: green outside, but red inside. Continue reading

Forbes On Where Richer Households Are Moving in America

Forbes on where richer than average households are moving within the USA, June 14, 2010:

No. 1: Collier County, Fla.
Arriving average income per capita: $76,161
Departing average income per capita: $26,128
Stationary household average income per capita: $49,959
Total arriving people: 15,150
Total departing people: 16,802
Top origin: Lee County, Fla. (2,987 people) Continue reading

Buckle Up For The Deflationary Ride

From Rick Ackerman:

We all need to get on board with paying down debt like any responsible citizen debtor would do. We owe big-time and this is but a taste of how it may cost us:

  • Major employment reductions amongst those working in the public service
  • Health care services that are rationed. Fewer nurses, health practitioners and support staff Continue reading

BP Oil Spill: Ten Horrifying Facts

Gulf Oil Spill: 10 Horrifying Facts You Never Wanted To Know

1. New estimates show the undersea well has spilled between 17 and 39 million gallons. These estimates dwarf those of BP, who claimed the spill had only released 11 million gallons to date, and mean that the Gulf leak is far bigger than Exxon Valdez, making it the worst spill in American history.

2. The National Wildlife Federation reports that already more than 150 threatened or endangered sea turtles are dead. And 316 sea birds, mostly brown pelicans and northern gannets, have been found dead along the Gulf Coast as a result of the spreading oil.

3. The Minerals Management Service, directly under the supervision of the Interior Department failed to impose a full review of potential environmental impacts of the BP drilling operation because preliminary reviews of the area concluded that a massive oil spill was “unlikely.”

Read the rest here

Feds: No Right To Drink Raw Milk

The Feds now claim the right to tell you what kind of food you can put in your mouth.

From World Net Daily:

Attorneys for the federal government have argued in a lawsuit pending in federal court in Iowa that individuals have no “fundamental right” to obtain what food they choose.

The brief was filed April 26 in support of a motion to dismiss a lawsuit filed by the Farm-to-Consumer Legal Defense Fund over the U.S. Food and Drug Administration’s ban on the interstate sale of raw milk. Continue reading

Leveraged Buy-Outs Make Come Back In Private Equity Market

The report I’ve posted below illustrates why most regulatory efforts are completely counterproductive.

By the time enough bureaucrats are convinced there’s a problem, by the time enough of the public has been educated…or miseducated about it..so there’s enough public pressure to call for hearings, by the time the SEC and the DOJ have been able to gather enough evidence to cobble together charges, the swindles move onto some other part of the system, the crooks cover over their tracks, reinvent themselves, put old wine in new bottles and new wine in old, and, in general, outpace the local flatfoots about 100-1, so that they’re nearly always playing catch-up and dissecting history, rather than actually safeguarding the public from the current perils of the market.

Goldman Sachs is the outrage du jour. But much of the really bad stuff Goldman’s been involved in over several decades has nothing to do with the technicality on which it’s being grilled now, a deal that’s no different from hundreds done on Wall Street by every other bank. Meanwhile, what about the dirty laundry of the hedge-funds, of private equity, of sovereign wealth funds – to take just the private sector? And what of the government’s own culpability in financial wrong-doing? And worse yet, its blunders in financial “right-doing”? Don’t count on the SEC to look at all that.

That’s the intrinsic problem of a statist solution…it’s always a day late and a dollar short.

Thus the LA Times reports on where the action is in the financial world, as evidenced in the glee of some participants at the Milken Institute’s Global Conference [that’s Michael Milken, former convicted junk bond financier turned philanthropist and alleged master mind of global market manipulation}:

“Unemployment is high and the housing market remains weak. But in Beverly Hills on Tuesday, private equity players could hardly be more upbeat.
A panel of private equity fund managers at the Milken Institute’s annual Global Conference celebrated the comeback of highly leveraged deals — which had ground almost to a halt during the financial crisis.
“What a difference a year makes,” enthused Leon Black, head of Apollo Management in New York.
Black and the other buyout honchos attributed the return of debt-financed acquisitions to the recovery in the credit markets and the overall economy.
“The high-yield market is probably better today than it ever has been,” said Scott Sperling, co-president of Thomas H. Lee Partners in Boston, referring to the junk bonds that finance many private equity transactions.
A new problem faces private equity investors now: The prices of target companies have shot up faster than fund managers have been able to scoop up bargains.
“A lot of the low-hanging fruit, frankly, is gone,” Black said. “The snapback has been unbelievably dramatic.”
Not surprisingly, the managers bemoaned what Black termed the “populist wave” helping to fuel the Obama administration’s effort to boost oversight of the financial industry.
“You’re seeing some wacky regulation, which makes running our business a lot more difficult,” said Ted Virtue, chief executive of MidOcean Partners, which buys midsize companies.
Still, the private equity business has largely escaped the scrutiny aimed at other areas of Wall Street. “I’m glad I’m not Goldman Sachs today,” Black said with a wide smile.”