As You Head Off On Your Christmas Journey....
The Market Ticker ® - Commentary on The Capital Markets
Posted 2012-12-24 16:28
by Karl Denninger
in Editorial
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As You Head Off On Your Christmas Journey....
 

Whether it is as brief a journey to the warm covers of your bed, you pile into your car for a journey, whether short or long, or you get into one of our tin contraptions and zoom across the sky, please consider.....

You are only required to deal with your "family" until you're 18.  Beyond that day the choice is yours.  If you are stressed by being around certain people, then don't be there.  Go do something else.  The concept that you have some "duty" to participate in a family ritual that takes 5 years off your life and skyrockets your blood pressure is crap.  Freedom includes the freedom to say "no" when it is entirely justified, and sometimes it is.

If you're religious and Christian, consider two things about Christmas: 1) It's supposed to be about celebrating the birth of Christ, and 2) early Christians stole a pagan holiday for the date.  Don't believe me, go look it up.  Was this part of your early Christian education?  If not, you now have another reason to wonder why man seems to tell so many half-truths.   This is not a dispargement of religion; some of the most-scientific among men and women are deeply religious, because we recognize both the limits of our understanding and the unlikely arrangement of events that would be required to produce this universe we live in "all by random chance."  It is, however, recognition that men lie, and the more power they are granted (or arrogate to themselves) the more likely they are to lie and the more-damaging the lies will be.  In other words, to be brief, tune up your bull**** detector.

Revere how you continue to be on the planet; respect the circle of life.  Go read my essay "On Killing" if you haven't (you probably have if you're reading this.)  Contemplate it.  The fact is that we are all here because we kill.  It's a particular irony that when I carve up a pork roast this evening and a turkey breast tomorrow myself and my family, along with those invited, will live for another day because other things died -- and yet we are celebrating a birth.  This may become much more important in the months and years ahead.  We can hope and pray it does not, but hope is not a strategy with high odds of a positive return.

Consider all the crap you support in the world, directly and indirectly, with your actions -- especially those you could do without.  You might want to think about, for example, how may of your tax dollars (or pennies, as the case may be) bought a missile that was shot as a follow-up in the "war" on terror -- not to wax some evil terrorist, but to kill those who came to the aid of the dead and dying after the first shot.  Or you might consider how many of your tax dollars went to fund Eric (Place)Holder's Fast and Furious campaign which has led to hundreds of Mexican deaths -- and at least two American ones.  Or you might consider the monopoly protections your government has ladled upon the medical industry, again, with your tax dollars (or pennies) which have driven the cost of medical care up 400% or more than it would cost in a market-based system, all the while lying to about how you need "help" from that same government to afford said care.  If you have a shred of humanity this contemplation will likely make you cry, even if just a bit.  That's ok; it's Christmas, after all.  The obvious question that follows, of course, is what if anything you're going to do about it in the New Year.

Figure out what you need to do in the New Year to prepare, and do so.  The most-important preparation is mental.  The second-most important is physical -- your physical preparation.  Have you let it all go?  You can't afford to do that.  Fix it.  Yeah, I know, it's hard.  Guess what -- all things that are worthwhile are difficult.  The most-important part of that process, and the most-difficult, is to stop lying to yourself.  If you're 50lbs overweight, stop saying you're "a bit pudgy" or "I could lose 10lbs."  That's crap and you know it -- the fact is that you're fat.  Honesty begins at home.  If your medicine cabinet looks like something out of an illicit pill factory consider whether you're putting patches on lifestyle choices with the bottle -- just like an alcoholic does, but with a different sort of drug.  Can you change that?  Maybe, and maybe not.  But if you don't honestly assess where you are and what you really need, how will you ever know -- or improve?

Stop pretending that it will all be ok.  It will definitely not be.  Timelines are the worst sort of thing in this regard, and so are illusions of normalcy.  Ask the people of Rwanda how that worked out.  They went from tension but thinking it would all be ok to having 20% of their population slaughtered in three months.  Literally three months.  Did that snap you out of an eggnog-induced coma?  It should have, but probably didn't.  If not take a census around your holiday party -- how many of you would be ok if you lost your job and there was no unemployment, no food stamps, no income -- for six to twelve months.  Would you and your family be ok?  If not, what do you intend to do about it?  Praying -- or hoping -- that it doesn't happen is a strategy but if you lose the bet do you have a backup plan?

Finally, one cheery thing -- enjoy the holiday.  The airmover is unlikely to be impacted by the brown stuff in the next two weeks, and it's ok to indulge during this time.  We all need it once in a while.  But the best sort of indulgence comes with some exertion of the mind, so you have a path forward.  And while you're making your holiday rounds take stock of those around you -- who you can trust, who you can't, who you choose not to.  Who has constructive habits and who has destructive ones.  Who comes out to help you chop wood for the fire, and who is so ****-faced that he'd chop his own leg off if he tried.  Who you can have constructive conversation with, and who thinks the world -- or government -- owes him or her something.  Who is alive, awake and aware -- and who is not.

Merry Christmas!

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User Info As You Head Off On Your Christmas Journey.... in forum [Market-Ticker]
Musicandnature
Posts: 1955
Incept: 2007-12-05
Gold
NJ
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good thoughts Karl. Merry Christmas to you and your young'en also.

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Since it costs a lot to win, and even more to lose, You and me bound to spend some time wonder'n what to choose. Goes to show, you don't ever know, watch each card you play and play it slow...Wait until that deal come round, don't you let that deal go down, no no. Garcia/Hunter.
Sean
Posts: 1766
Incept: 2009-04-21

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Another 10 things ticker (kind of).

Merry Christmas to all and a huge THANK YOU to Karl for all you do and try to do.

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* I think Ann Barnhardt is more and more right. God help us!
* Progressives / Marxists / Communists are many things, STUPID and IMPATIENT are not two of them.
* A hot civil war is coming.
* And people wonder why I prep!
Dazedncornfused
Posts: 313
Incept: 2010-10-13
Green
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>"Yes, Karl, there is a Santa Claus. He exists certainly as love and generosity and devotion exist, and you know that they abound and give to your life its highest beauty and joy."< Yes, Santa Claus exists.

We know how the date to observe the Birth of Christ was chosen, we know which Pope did it and we know he did it with public relations in mind. Still, the occurrence needs to be observed no matter the date.

Only at the risk of turning into a waspish harridan would someone belabor these points.

So tomorrow give to someone your talents, freely and without condition. I'm a pretty fair line cook, a skill picked up while surviving the bills of college. I will cook a proper Christmas dinner for those who would otherwise spend this day alone. I will serve mashed potatoes cooked from scratch, sweet potatoes seasoned with bourbon and maple syrup, turkey and stuffing. I've found some musicians who will carol and I'll take pictures and send the prints as gifts.

Find a church in your area that does this, your daughter will remember the day forever.

Peace. And smile, not all is ridiculous.

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Stand up and be counted or line up and be numbered.
Jal
Posts: 513
Incept: 2009-03-25

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Some people are listening!

Merry Christmas!
Indeep
Posts: 773
Incept: 2008-02-05
Silver
Red pills are not available to the sheeple.
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Merry Christmas Karl!! Best wishes to you and yours!

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Don't believe everything you think!

The difference between stupidity and genius is that genius has its limits. - Albert Einstein
Flappingeagle
Posts: 1229
Incept: 2011-04-14

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Quote:
Consider all the crap you support in the world, directly and indirectly, with your actions -- especially those you could do without.


This came to me early in this year. As a result I changed what I supported, and as importantly, I began to withhold my support from somethings as well.

To make this a better country we all need to "go Gault" on some things while actively supporting others. That is how you make a difference, a little bit at a time but, with a lot of people who are like minded. To paraphrase John Lennon, I get by with a little help from my friends.

Merry Christmas;

Flap

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Here are my predictions for everyone to see:
S&P 500 at 320, DOW at 2200, Gold $300/oz, and Corn $2/bu.
"You can't build a house of cards on a shaking table." - Tony Johns
The January 2015 AMZN put at $130 (cost $4.25) will be a winner.
Billonthehill
Posts: 2004
Incept: 2008-01-20
Silver
Six feet short of heaven
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Merry Christmas Karl.

You are the real deal.

One of very few that sees clearly, consistently.

I respect and trust you.

Not many that I do.

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"Interesting to be talking about Deeds of Trust. When there is no trust." - Anonymous Caller to KOH Reno Talk Radio 10.21.10“The era of procrastination, of half-measures, of soothing and baffling expedients, of delays, is coming to a close. In its place we are entering a period of consequences…”Churchill 36

"
Medicdan
Posts: 8028
Incept: 2010-02-11
Green
Scottsdale, AZ
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I'm playing paramedic until Wednesday. Merry Christmas to all.

This is from Life Lion 1

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Arizona & desert gardening
http://azediblegarden.com/
Gates
Posts: 6276
Incept: 2008-01-29
Gold A True American Patriot!
Scottsdale
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Merry Christmas Karl.
Downrange
Posts: 5386
Incept: 2007-09-26
Green
Just Say No to RomnobamaDingDong!
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Good stuff, there! The best of the yuletide season to you all!

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"If this is how the state treats its law-abiding citizens, it doesn't deserve to have any" A. Solzhenitzen
Crzymorse
Posts: 1195
Incept: 2010-06-25

Maryland
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Merry Christmas, Karl and the rest of the gang!
Jonesapple10
Posts: 379
Incept: 2010-11-09
Green
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Merry Christmas. As someone who is staying HOME with my wife and girls, I couldn't agree with the post more. We said no to 1000 miles on the road(one way) and in the air, no to 6 stops in 5 days, no to "if you go there, then you need to go here..." AND I FEEL SO RELAXED!

---

Thank you for the ticker that you produce day in and day out. I can honestly say its the best education I've had, and I have plenty of so called education. I hope to be in a better position to contribute in the future and I feel a little guilty for not, but I appreciate you offering it without asking for anything in return. I hope you at least make enough from ads, etc. to make it worth your time. I've never had a problem with an honest man trying to make a buck.

Merry Christmas and Happy New Year - I personally think we are in for one hell of a ride in 2013...
Beignet
Posts: 1865
Incept: 2008-05-16
Green
O-Town
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I have to disagree on the family paragraph. I don't disagree often but here it goes.

A well-rounded, mature, stable person should be able to handle an idiot relative for a few hours once or twice a year. Don't shut out your family (abuse is one thing) just b/c of personality differences. Perhaps God put them in your life for a reason.

My 2 cents.

Merry Christmas to all who celebrate!!

B~

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Ricka01
Posts: 1215
Incept: 2009-03-05
Gold A True American Patriot!
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Merry Christmas to you (Karl) and your family! Thanks for all that you do.
Killersdad
Posts: 1036
Incept: 2008-03-27
Green
upstate NY
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Merry Christmas to Karl and all of TF.

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They keep talking about drafting a Constitution for Iraq ...why don't we just give them ours? It was written by a lot of really smart guys, it has worked for over 200 years, and we're not using it anymore.
Br-549
Posts: 24
Incept: 2010-09-10
Green A True American Patriot!
On the back 60
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Karl:

A very Merry Christmas to you and yours. Thank you for all you do.

And a Merry Christmas to all here.
Ddebernardy
Posts: 81
Incept: 2009-08-13

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Err... Is this turning into some kind of preach/church now? I mean, seriously, this blog used to be about macroeconomic analysis, rather than religious hogwash, gun control, US politics, and what not. It used to be very good, too... back then. I appreciate that ad revenues go up when you grow your audience and cater to it, but I wish that there was some kind of tag I could subscribe to that filtered out everything but economics.

Other than that, merry Christmas to you too.
Cobra2411
Posts: 10352
Incept: 2007-06-26
Gold A True American Patriot!
Philly P.a.
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Quote:
You are only required to deal with your "family" until you're 18. Beyond that day the choice is yours.
Christmas at home - by myself this year... AND LOVING EVERY MINUTE!!!

Tomorrow I'm going to celebrate Christmas day by walking dogs at the SPCA. Can't get any better than that.

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To err is human. To really **** things up takes government.
Ssaini
Posts: 13
Incept: 2010-01-15
Silver
New Jersey
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Thanks Karl! Love reading your thoughts and hoping to continue reading for many more years to come. Very rare to find people you are so honest and blunt like YOU.

I have started sharing your thought with my wife and now even she seems to have been inspired.


Merry Christmas!
Cbxer55
Posts: 70
Incept: 2009-07-01

Midwest City, OK
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Six months ago my wife said "I want a divorce", out of nowhere. So I am living by myself and have no one to visit, and hence no one to purchase throw away gifts for.

Big winter storm hitting tomorrow, so I'll be sittin here in my rented apartment full of rented furniture staring at the walls.

But Merry Christmas to all of you though.

For me life sucks big time right now. I am not merry about anything at all.

Docberg
Posts: 164
Incept: 2009-02-20

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Karl, a Most Merry Christmas to you and your family! And a similarly Merry Christmas to all the Ticker Folk! I am headed off to usher at Mass tonight, and to appropriately celebrate the Incarnation. Tomorrow, what is left of my immediate family and I will have a fine time with some wonderful friends. I am not one to be very festive, but I really enjoy Christmas for the correct and appropriate reasons.
Paladin
Posts: 156
Incept: 2007-09-18

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Thanks for ceaselessly fighting the good fight Karl. Have a merry Christmas and a happy new year.
Cluelessinfl
Posts: 114
Incept: 2011-01-08

Florida East Coast
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Merry Christmas, Karl. Thank you for the years of wisdom here on TF.

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Land of the Free my ass.
Susanjbear
Posts: 417
Incept: 2010-06-10
Gold
Salt Lake City, Utah
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Merry Christmas to everyone here, to you Karl and to your daughter !

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Susan
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