Sunday, December 21, 2008

Confluence of Despair

What a depressing set of articles. All compliments of Instapundit. I can't stress how good Instapundit is at identifying good links. Make this site required reading multiple times a day.

First, Mark Steyn eulogizes the auto industry and parleys that into a eulogy for the nation. Depressing.

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See the USA from your Chevrolet: An hereditary legislature, a media fawning its way into bankruptcy, its iconic coastal states driving out innovators and entrepreneurs, the arrival of the new Messiah heralded only by the leaden dirge of “We Three Kings Of Ol’ Detroit Are/Seeking checks we traverse afar”, and Route 66 looking ever more like a one-way dead-end street to Bailoutistan.
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Next comes Roger Kimball at PajamasMedia asking why we are not in Washington right now with torches and pitchforks.

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What is so depressing about such episodes is the fact that they dramatize the decadence of our democracy. An institution becomes decadent when it maintains its outward scaffolding but loses its inner vitality. The inner pulse of a modern democracy lies in citizen involvement and public accountability. Where have those ancient desiderata gone? A few days ago, I asked why people weren’t up in arms about the 137 new taxes and fees with which the governor of New York was proposing to saddle his subjects (can they still be called citizens?). Glenn Reynolds speculated that these days people

only riot over select ethnic grievances; matters of governance, civil rights, and taxes — once the main reason to riot and engage in “out of doors political activity” — are now left to shouting pundits on TV.
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And in case you wanted to feel a little worst, here's a post about the possibilities of the financial crisis. I may be hunting to feed my family. Will the power grid stay up? God help us.

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The defining characteristic of this downturn is the unexpected breaking of links in the economic machinery. Home prices crash far beyond anything seen since the 1903’s. Major finanical institutions crash. Astonishing floods of government money poured onto the fire. Perhaps this slowed the crash, perhaps it had no effect. Every step of the way brought new surprises.

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