Wednesday, August 19, 2020

What Really Matters When The Wheels Fall Off And By What Authority Will Rights Be Protected

"When the Wheels Fall Off" is an analogy for the breakdown of any system, device, or contraption. It's becoming more applicable to government and society as days progress through the madness of the COVID-19 panic, incredibly fake news and outright propaganda in the mainstream, financial intermediation by the Federal Reserve, government ineptitude or impotence, and the growing need for individuals to control their own destinies.

In a little more than two months it will be election day in the United States, a day which used to have meaning, say twenty or thirty years ago, though the advent of absentee balloting, early voting and the soon-to-arrive mail-in voting have rendered "election day" an anachronism and relic of the past.

In a society in which fewer than 60 percent of the eligible electorate chooses to engage, in a system in which various jurisdictions (the 50 states) operate elections under different rules, and in a system in which a bankrupt, decrepit, overburdened postal system is about to be the guinea pig in a live test, will the results of the elections be valid, validated, enforceable, or otherwise useful to the electorate?

What has proceeded from the outbreak of the COVID-19 virus and the ham-handed approach by federal and state governments to provide guidance and ad hoc rule-making for the control and prevention of such is an acceleration in the breakdown of institutions - already well under way prior to 2020 - to the point that the world is about to witness federal, state, and local elections that could possibly be deemed invalid, and, for practical purposes, will probably be invalidated in action by the supposed "electorate."

Leaving aside for a moment presidential politics and elections in general for a moment, there are other extenuating circumstances that can readily be seen for means of potential breakdown and break-up of societal norms that are being challenged due to extraordinary circumstances.

Reams of paper would probably be needed to list all of the potential societal "deal-breakers" on the horizon, but the most salient, prevalent, and provocative of them are:

  • An explosion of evictions and foreclosures within the next two months.
  • Debt default by individuals, businesses, and corporations.
  • Food shortages, either by design or people lacking the ability to afford it.
  • Uncontrolled violence unable to be contained by unwilling police forces, mayors, city councils, governors.
  • Rampant personal and property crime, including burglary, larceny, arson, insurance fraud, hold-ups, car-jacking, muggings, beatings, assaults, rapes, and murders.
  • Acceleration of already out-of-control wealth disparity, with stocks on Wall Street heading to record highs while the underlying economy crumbles.
  • Rapid and massive devaluation of the currency and resultant inflation in consumer goods and services
  • Fiat money ($US in addition of other central bank monstrosities like the euro, yen, yuan, pound, franc) devolving to its intrinsic value (ZERO).
  • A unexpected variant of "schools without walls" as the entirety of the educational system becomes virtual, non-effective, and chaotic.
  • Bankrupt local governments, unable to process basic needs or collect taxes readily and efficiently, enforce local ordinances and laws and adjudicate same.


The above list is just a sampling of the chaos already well underway. Governments at all levels have largely lost the ability to govern, either through their own choices or by happenstance. Lawlessness has already taken over parts of some larger cities and a state of anarchy is prevailing and spreading.

Civil society requires an overarching system of laws and punishments for breaking them. Barring such a system, elements of society will turn to localism, common law, private law, or, at worst, laws of nature (survival of the fittest) to settle disputes, both criminal and civil. Our existing system of courts of law and equity, either overwhelmed or backlogged by caseload, downtime, lack of compliance and competence, cannot be relied upon to deliver justice swiftly, equitably, or even-handedly. Further, enforcement of their findings and rulings will likely not be executed diligently or at all as numbers swell and burgeon to unwieldy levels, making them unenforceable for all practical purposes, leaving litigants and defendants more or less on their own.

In time, legal matters will be adjudicated by disinterested third parties, by agreement, by force, or not at all.

The case can be made that within a short time, say one to two years, the entirety of what was previously known as the United States of America will become vast plain of inequity, uncertainty, wantonness, desperation, and tyranny by anyone with sufficient resources by which to impose it. Instead of a powerful nation-state, powers will devolve first to the individual states, then to municipalities, counties, and cities, and ultimately into the hands of ultra-local jurisdictional authorities either by force or will of the local populace.

Being secure in one's rights and properties will fall to the individual, business or corporation to provide for itself because no rights will be inherently protected in the absence of consensual authority.

An example of the potential for a kind of "Wild West" scenario would be basic property rights. People who default on debts and commit to bankruptcy courts may find themselves without protection as law breaks down. Banking or government agents may just seize property they find desirable (low-hanging fruit) without regard to the court's ruling, seizing upon the opportunity to take justice into their own hands because they see limited opposition to their actions.

If somebody steals your car or truck, who can be be relied upon to catch the criminals and return the vehicle to the rightful owner when there are hundreds of car thefts daily?

Landlords who evict tenants for non-payment face the real possibility of dealing with squatters on their own, as police and courts have limited (or no) ability and/or jurisdiction to deal with thousands of such instances. In such a circumstance, abandonment of real property will become a distasteful, but prudent option for property owners. In cases where mortgages are outstanding - not just in rentals and commercial properties, but in residential property as well - banks will hold notes and eventually have to sue for title (foreclosure) and deal with squatters or non-paying renters on their own. The devolving process will take years to play out.

No matter the process for devolution and destruction of institutions, laws, and eventually rights, the end result will be the same: failed government, failed economy, widespread chaos, starvation, poverty, dissolution of society.

This does not have to occur in whole or in part if governments and the people in charge of them would be true to their word and their constitutional duties, to preserve and protect the rights of its citizens. The United States congress, for one, has already abrogated their responsibility in its handling of coronavirus emergency measures.

To wit, these words:

People are undertaking sacrifices for the common good. We need to make them whole. To the extent we have the ability to make them whole we should be doing that as a society. They didn’t cause this. Their business isn’t closed because of anything they did wrong. They didn’t lose their job because of anything they did wrong.

-- Federal Reserve Chairman Jerome Powell, April 12, 2020, Reuters

Would the Fed Chairman be true to his words by oversight from the congress, the trillions of dollars spent to shore up insolvent banks and corporations would have instead gone to individuals, families, owners of small businesses. Instead, the Federal Reserve made Wall Street whole, leaving people and small businesses flailing about in the wind while congress stood idly by and did nothing.

The American people have been betrayed by its leaders, its currency, and its press. All freedoms are at stake. Liberty, in so far as one can maintain it, needs to be preserved and protected at the individual level.

Any wonder gun sales, particularly purchases by individuals residing in marginal neighborhoods, are through the roof?

At the Close, Tuesday, August 18, 2020:
Dow: 27,778.07, -66.84 (-0.24%)
NASDAQ: 11,210.84, +81.12 (+0.73%)
S&P 500: 3,389.78, +7.79 (+0.23%)
NYSE: 12,910.33, -25.78 (-0.20%)

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