Meh
The Market Ticker - Commentary on The Capital Markets
2017-11-19 07:00 by Karl Denninger
in Social Issues , 279 references Ignore this thread
Meh
[Comments enabled]  

Oh, what high-minded and haughty bull**** one tosses out on the page at Faux Snooz:

For the first time in America, we are properly tackling drug addiction as a public health issue requiring public health solutions, rather than a public safety issue necessitating heavy-handed and ineffective criminal penalties.

We are finally in the right ball park. Now we need to make sure we have the right game plan.

....

To those using them, drugs aren’t a problem – drugs are a solution to their problems. Drugs help people deal with fear, anger, shame, isolation, depression, and other real and deep problems many of us experience on a daily basis.

No ****?  You mean all those bars all over the land, all those liquor stores and rows of beer cans, bottles and cases lined up in the grocery store might in fact be used by people who, even if just for a while, want to forget something, dull some (mental) pain, add a bit of a "buzz" to a sporting contest or escape from the drudgery of their life?

Say it isn't so!

Of course it would be fantastic if nobody ever suffered a poor outcome from such things.  You know, like driving while intoxicated and wrapping themselves around a tree at high speed?  Or destroying their liver, pancreas, heart -- or all three at once?

Well, yeah, that would be great.  It's also unrealistic.

We all occasionally attempt to resolve, or at least escape, these core dilemmas through inappropriate or ineffective means. Illicit drug use is a particularly destructive and dangerous choice, but it is still an attempt to fix a problem.

Illicit drug use is in many ways less destructive than "licit" drug use in this regard.  Don't get me wrong; opiods are bad news, and kill people.  There's a coffin corner problem with them that is common to many drugs in that as you consume them for periods of time it takes more and more to get the desired "high", yet the physiological limit of exposure without death doesn't really change all that much.  If those two points intersect you die -- reliably.

But those same points exist for alcohol.  We sell it in stores anyway.  It's just that most of the time your liver will be a shriveled up mass and your heart and arteries leaking fluid into your body to the point of death before the coffin corner problem gets you.

Though drug dependence is an extreme solution, it’s an outgrowth of an attitude common to all of us. For most issues we face, we expect to find a quick and easy patch. That’s the key message we get from ads for all sorts of products.

Just ads eh?  It's not Facebook too that, it has been disclosed, is knowingly giving you that little "hit" of dopamine which of course is a drug your body manufacturers but which many entities have figured out how to exploit and do, is it?

Oh wait -- it is.

Why do we throw people in jail who sell drugs but Zuckerpig walks free with billions of dollars he got by conning you?  And yes, he conned you folks -- he manipulated you psychologically and abused your mental health, intentionally, as the above shows.

Nobody cares.

At the root of a large part of this is not just "simple, quick-fix demands", which is legitimately part of the problem.  Witness those who are overweight or obese and have Type II diabetes or its precursors.  They want pills.  They're fast and easy, right?  Well, yes they're fast, yes they're easy, no they don't work.

Not on a permanent basis anyway.  They do appear to work originally, but the problem with them is that in a relatively short period of time you build tolerance to them because what you were doing, which was a progressive path of destruction, you have not changed.

So first it's Metformin, then the next drug when that one stops working as you continue to insult your body, and so on.  Many people say they're eating low carb, high fat and "it doesn't work" but in fact they're not doing any such thing; they're usually either eating lots of carbs or massively-excessive amounts of protein which their body converts to glucose, rendering the so-called "low carb" claim (and effect) worthless.  What's even worse is that many of them eschew essential minerals and vitamins in their attempt to "eat this way", which doubles down on the ignorance and bad outcome.

We spend somewhere around $400 billion a year in the federal budget alone due to this one disease -- Type II diabetes.  Now how much more do we spend not only tossing people in prison for adult drug use and abuse but how much more do we lose as a consequence of paying homage to all those who want quick fixes instead of addressing root causes?

Why would someone have such despair in the first place?  Can we have a conversation about that?

Maybe they've had some really crappy things happen in their lives; we all do from time to time.  For most of those events, however, if they're just "ordinary events" they pass and so does the impetus to use drugs.

For the rest, however, maybe it doesn't pass.

Maybe the event doesn't pass because they're not rocket scientists (after all, the bell curve is real and thus so is intelligence and mental capacity) and we sent all the jobs that are both rewarding and accessible to those folks that aren't on the far right of the curve to China and India, and of those remaining we looked the other way while millions of illegal, unskilled laborers flooded our nation.

In other words we cheered on the screwing of a large part of the population of this country -- and then we express shock, outrage and revulsion when they turn to the bottle -- whether it's got booze, prescription drugs or heroin in it.

You don't think having the ability to find a job sufficient to keep a decent roof over your head might make your depressed and seek an escape, do you?  How about if we sat back and let the politicians and Wall Street fat cats destroy the economic conditions necessary for people of "ordinary means and intelligence" to be fulfilled?

Oh, you think that might be a factor?

Well then maybe we ought to do something about that before we turn the screws even further to where if your IQ isn't over 110 there's almost-literally no work available that pays enough to have and raise a family!

We already screwed anyone with under a roughly 120 IQ out of the ability to raise a family on one income without the government grossly subsidizing them, especially in high-tax parts of the country.  Why did we allow that "high tax and cost of living" crap to develop in the first place?  How much further do you wish to push that abusive paradigm which you have not only voted for but cheered on and why do you keep ratcheting the taxes and cost-of-living higher?

You want lasting change with regard to drug abuse and outcomes?  Look to Portugal, which legalized basically everything.  Drug abuse rates fell like a stone.

But if you want to actually take care of the underlying problem that leads to drug abuse of all sorts then you need to address the fraud all over our economy and those who intentionally exploit everyone and everything they can, starting with people like Zuckerpig and the so-called "multinationals" such as Apple that not only avoid taxes on income they really do earn here (the fruits of their operations) but firms that do things like cost-shift call centers and then claim the activity is "there" (when it really isn't; it's for the benefit of people here.)

The fact of the matter is that a couple of ordinary intelligence must be able to feed, house and clothe both themselves and a couple of kids on one income, not two, and make it work -- in essentially all areas of the country -- without taking handouts.  If you do that then the reason for a huge percentage of those who currently use drugs to do so disappears.

But for that to happen the scams have to disappear across the board, and utterly nobody is talking about doing it.

That's your responsibility, America.

Go to responses (registration required to post)
 
Main Navigation
MUST-READ Selection:
Our Nation DESERVES To Fail

Full-Text Search & Archives
Archive Access
Legal Disclaimer

The content on this site is provided without any warranty, express or implied. All opinions expressed on this site are those of the author and may contain errors or omissions.

NO MATERIAL HERE CONSTITUTES "INVESTMENT ADVICE" NOR IS IT A RECOMMENDATION TO BUY OR SELL ANY FINANCIAL INSTRUMENT, INCLUDING BUT NOT LIMITED TO STOCKS, OPTIONS, BONDS OR FUTURES.

The author may have a position in any company or security mentioned herein. Actions you undertake as a consequence of any analysis, opinion or advertisement on this site are your sole responsibility.

Market charts, when present, used with permission of TD Ameritrade/ThinkOrSwim Inc. Neither TD Ameritrade or ThinkOrSwim have reviewed, approved or disapproved any content herein.

The Market Ticker content may be sent unmodified to lawmakers via print or electronic means or excerpted online for non-commercial purposes provided full attribution is given and the original article source is linked to. Please contact Karl Denninger for reprint permission in other media, to republish full articles, or for any commercial use (which includes any site where advertising is displayed.)

Submissions or tips on matters of economic or political interest may be sent "over the transom" to The Editor at any time. To be considered for publication your submission must include full and correct contact information and be related to an economic or political matter of the day. All submissions become the property of The Market Ticker.

 
Comments.......
User: Not logged on
Login Register Top Blog Top Blog Topics FAQ
User Info Meh in forum [Market-Ticker]
Smitty
Posts: 163
Incept: 2014-09-24

SW Ohio
Report This As A Bad Post Add To Your Ignored User List
What a scam the war on *some* drugs itself is...

It accomplishes nothing good.

This nutty war can be credited for dismantling the bedrock of civil society-Rule of Law; militarizing and corrupting police; shredding much of our Bill of Rights; constant ramping up of the surveillance/police state; ruining and damaging lives at least on par with drug use.

It also appears to be part of divide and conquer strategy, diverting attention away from the corrupt government and corporations that are destroying this country, and towards a manufactured hobgoblin-drug users...

----------
There are two ways to be fooled. One is to believe what isn't true; the other is to refuse to believe what is true.

-Soren Kierkegaard
Aztrader
Posts: 7881
Incept: 2007-09-10

Scottsdale, AZ
Report This As A Bad Post Add To Your Ignored User List
And take the possibility of getting disability due to your "disease" that you brought on yourself completely out of the picture. Why the taxpayer should subsidize one's habit because the left feel that drug addicts and boozers are disabled is beyond me.
Jacksparrow
Posts: 31
Incept: 2016-04-15

4116 Libby Rd NE, Olympia WA 98506
Report This As A Bad Post Add To Your Ignored User List
Karl, all your points are so true. It's sickening to watch the literal collapse of our country before our very eyes. Congress is owned lock stock and barrel by the oligarchs, and it simply doesn't matter who you vote for nothing changes. The public at large doesn't understand all the dynamics at play and there are just too many to ever get folks to do an economic shut down until we get change. I just don't see that happening.
Vernonb
Posts: 1927
Incept: 2009-06-03

East of Sheol
Report This As A Bad Post Add To Your Ignored User List
Totally Agree.

Quote:
There's a coffin corner problem with them that is common to many drugs in that as you consume them for periods of time it takes more and more to get the desired "high", yet the physiological limit of exposure without death doesn't really change all that much. If those two points intersect you die -- reliably.


As a former boss ( a good guy) used to say while I worked in pharma -"It is all poison. You just need the right amount."

Add an underlying health condition (bad heart, compromised liver or kidneys) or drug interaction condition and those lines are going to intercept a lot faster. Body and muscle mass play a great role in these events too.

This is why in pharma they defined things as the effective dose (ED) and a lethal dose (LD). Once the ED reached the same level as LD your expected chances of dying are 50%. When the ED exceeds LD your chances of dying are now greater than 50% each time for a healthy individual.

----------
"Mass intelligence does not mean intelligent masses."
Tickerguy
Posts: 150706
Incept: 2007-06-26
A True American Patriot!
Report This As A Bad Post Add To Your Ignored User List
Well, it's quite a bit more-complicated than that because LD50 is a statistical value, not an individual one, and the dose:response curve in relationship to lethality varies from substance to substance.

In some cases LD10 is at a MUCH lower dose than LD50, while in other cases they're quite-close together.

----------
Winding it down.
Asimov
Posts: 109567
Incept: 2007-08-26

East Tennessee Eastern Time
Report This As A Bad Post Add To Your Ignored User List
The LD varies within a given person due to circumstances as well. What would be a LD of morphine is entirely acceptable for a person in huge amounts of pain (like burn victims.)

----------
It's justifiably immoral to deal morally with an immoral entity.

Festina lente.
Whitehat
Posts: 191
Incept: 2017-06-27

New York City
Report This As A Bad Post Add To Your Ignored User List
Aztrader wrote..
Why the taxpayer should subsidize one's habbit . . .


It is sad to say that the government caused the problem at the behest of the taxpayers who supported policies that created the problems driving people to substance abuse. in some twisted way, we as a people are responsible.

----------
There are two ways to be rich: One is by acquiring much, and the other is by desiring little.
Tickerguy
Posts: 150706
Incept: 2007-06-26
A True American Patriot!
Report This As A Bad Post Add To Your Ignored User List
@Aztrader
Quote:
Why the taxpayer should subsidize one's habit because the left feel that drug addicts and boozers are disabled is beyond me.

Well they ARE disabled, but it's by their own hand.

If you think the subsidization of the habit is bad you should see the ****show that results in Medicaid billing. I've written on that before; what should be a thousand dollar procedure and a "come back when you're not drunk off your ass on a regular basis" turns into a $500,000+ bill sent to the taxpayer and with a nasty frequency IT KILLS THE PERSON AT THE SAME TIME.

----------
Winding it down.
Click
Posts: 53
Incept: 2017-06-26

Report This As A Bad Post Add To Your Ignored User List
"That's your responsibility, America."

Amen..

Moreover, the best way in which to get the word out about good health is to actually be in good health in the first place... Personally, I'm on zero pills. I don't even need vitamin pills, although, I'm not against them and will use them from time to time.

I believe, and this is only my opinion, that every man should, if possible, live a pill-free life. And this goal is possible to achieve through good living habits, e.g., proper sleep, pure water free from chemicals, a reasonably good attitude, healthy personal relationships, exercise, meaningful work, some charity and some kind of diet that doesn't contain large amounts of junk foods.

Diet has become a very controversial subject and opinions are sometimes grossly divergent, but, as an example, people are different and they have differing needs: my wife needs only about 1200 calories per day and she can put in a hard day of physical labor on that amount. That's almost unbelievable to somebody like me who requires more than double that. And when we are in a cold climate ( snowshoeing, for example) she still only needs less than 2500.. and I need almost 4000.. She has a large frame and muscles to feed, so it's not a weight and muscle difference between the two of us that totally explains why she only needs half the amount that I do... My point is people are different and they require different diet/lifestyle plans. Personally, I haven't formed an opinion on which diet is generally superior over the others because I've seen some amazing results from diametrically opposing diets. And the results are long term. I've not only seen blood pressure drop, blood sugar normalcy and pulse rate slow, I've seen organs improve and heal and cronic conditions reverse. The bottom line, at least from my view, is when an individual quits smoking and drinking and over eating ( especially processed, sugary food) and under exercising then amazing results can be achieved.

Eli
Posts: 8632
Incept: 2007-09-10

Report This As A Bad Post Add To Your Ignored User List
The argument can be made that alcohol is worse than heroin addiction.

Alcohol is the one drug/poison that people consume that when you decide to stop using it, other people feel free to give you grief.

Tell friends, "I'm not drinking anymore" and they will be telling you "Come on man, have just a couple, you have to have a drink!".

If you had a heroin problem and you told them you were quitting they would be slapping you on the back and telling you how happy they were for you. Tell them you are not drinking and they will ask you what the hell is your problem?

----------
If you want a vision of the future, imagine a boot stamping on a human face - forever.
George Orwell

Burya_rubenstein
Posts: 1277
Incept: 2007-08-08

Report This As A Bad Post Add To Your Ignored User List
Re Click:

1200 kcal/day equals 58.15 watts or 42.89 footpounds per second - so says Droid48. And that's assuming 100% efficiency. Doesn't sound like a lot of work is possible on this.
Click
Posts: 53
Incept: 2017-06-26

Report This As A Bad Post Add To Your Ignored User List
It all depends on what a person means by " a lot of work".. It's quite a subjective term. Yes.

Tarahumara run nonstop for 400 miles within a period of 50 hrs and burn as much as 43,000 calories. Burning 800 calories per hr. seems just as impossible to me, too, but it is a fact. What does your little smart-ass phone say about running 400 miles non-stop barefooted?

I've also seen native American people farm all day long, day after day, on less than 1500 cal per day.. They seem to have very efficient bodies and they move with an economy of motion. It is also a documented fact that native tribes have more taste buds than other races. Interesting how some races are different.

My wife seems to have some kind of a starvation gene. I cannot explain it and I don't blame you if you don't believe it. The less she eats the less she requires up to a point. I can't explain it. The dieticians can't explain it. Doctors can't explain it. As I said, it's almost unbelievable to me, too. And yet I see it every day... I used my wife as an example of how widely people can differ on their needs.. I can snowshoe for five miles and burn twice as much as my wife does.. But you be sure and check your smart phone so it can explain why...


Dennisglover
Posts: 910
Incept: 2012-12-05

Huntsville, AL
Report This As A Bad Post Add To Your Ignored User List
Apparently one watt is a pretty impressive amount of power.

P(ower in Watts) = E(lectromotive Force in Volts) * I(ntensity in Amperes) -- If I remember Basic Electricity and Electronics School from 1970.

The illustration the Navy used was that 'one Volt at one Amp for one Second through your heart will kill you'. Presumably this was to discourage students from stabbing each other with Simpson 260 multimeter probes at the megohm range setting. (About the only way I can imagine a practically dead short of the 30V battery could be achieved is by probing directly into the bloodstream, one probe on each side of the heart, say the aorta on one side and the carotid artery on the other.)

Apologies to the "faint-of-heart"!

I handed the example from Click to Wolfram Alpha Pro using the query "43000 kcal per 50 hrs to watts", and got this back:


----------
TANSTAAFL

Reason: correction to multimeter model
Click
Posts: 53
Incept: 2017-06-26

Report This As A Bad Post Add To Your Ignored User List
Oh boy. I hope I didn't open up a can of worms here by attempting to make the simple point that people have at least some variation in their dietary requirements and life isn't all cut and dry.

What I'm not doing is promoting one diet over another. The Tarahumara, for example, have a very short life expectancy. So I wouldn't recommend doing what they do or living how they do. I just used them as an extreme example of what the human body is capable of achieving. Amazing! Really. I hike ten miles in good weather and think I've done "hard work"... But not really.

Also, it must be understood that my wife doesn't eat only 1200 cal each and every day. She'll consume double that amount often for days or weeks at a time.. 1200 cal is a starvation diet for most people. It's also important to keep in mind that a pound of fat contains about 3,500 cal. So when my wife lowers her caloric intake her body feeds on whatever fat reserve she has gained during a period of higher intake. So, yeah, I hope I don't have to qualify everything I write in detail...

Sorry for the confusion if I could not get my point across..
Dennisglover
Posts: 910
Incept: 2012-12-05

Huntsville, AL
Report This As A Bad Post Add To Your Ignored User List
Click, if I had any part in "opening a can of worms", I offer most sincere apologies. Your point was well taken, as it was well expressed, in my mind, anyway.

I knew, and know, nothing about the "Tarahumara" of whom you speak. For me, a feat such as you describe is practically supernatural, or at least super-normal. With the information that the life-spans might be inordinately short, well, it doesn't bother me too much if people choose such things in their lives. "You pays your money, and you takes your chances."

Of particular import here is very likely an artifact of the "subjectivity", of which you wrote. Fifteen-sixteen years ago, walking 2.5 miles every day after work (and on weekends/holidays), and doing it in 17-18 minutes, was "a lot of work", but having an oldies station to hear during it helped a very great deal.

These days, I doubt that I could walk even a half-mile every day (peripheral neuropathy will make even that difficult). Keeping the CHO load down to 40-50g a day is kind of tough some days, too. Here's what I know: On March 16, 2016, I weighed 206#, wore size 42 pants, and felt utterly like crap. Then I went back to LCHFMP, and in 13 months had lost nearly 80#, and was wearing size 33 and 34. Soon after that things went "ka-sproing" for other reasons, and I was at 118# and not at all right either mentally or physically.

Okay, with some good help I got that sort of under control, and now I show 154-155# every day coming out of the shower, and wearing size 36. Well, when I get back the ability to stand properly so as to cook (and clean up) for myself, that will get stabilized.

You know, I was married at age 59 for the first time in my life seven years ago tonight. The divorce was final on October 30, this year. All of that is good, I suppose.

Today I had a text message and photo from my ex-wife, showing a heavily Photoshopped image of late on the afternoon of our wedding. (She's not the Photoshop "artist"--her brother is.) But the photo was in no way representative of what happened in that little church on 20 November 2010, so I deleted and ignored it except to mention it here.

"Subjective" is not always a wrong or misguided way to measure things.

Blessings to all.

----------
TANSTAAFL

Reason: spelling correction
Mannfm11
Posts: 5415
Incept: 2009-02-28

DFW, Tx
Report This As A Bad Post Add To Your Ignored User List
Cut out credit to the government and consumers that have no resources to repay and the **** runs uphill fast. Nothing can be paid that isn't first collected. People that work, pay all taxes. Business pays nothing it doesn't first get from its customers. They don't watch out, there will be a world of people too poor to buy what they make.

With opium, it isn't necessarily getting high. I asked a guy once, who had become a heroin addict at age 16. He told me, after 30 days, it was no longer the need to get high, but the need to just feel normal. That is true addiction. There aren't many alcohol addicts. Dependents maybe. Delirium tremens results when one addicted to alcohol ceases to drink. It will kill you. It is the result, not the cause of alcoholism. Alcoholism is a physical reaction to taking a drink that only a portion of the population is susceptible to. Whereas the non-susceptible person drinks what he desires, the alcoholic gets thirsty and continues to consume. Then there is tolerance. A practiced person can consume 12 drinks and be no worse the wear than an occasional drinker on 4 or 5. The man who drinks 12 is probably alcoholic, because it is likely the craving that got him there in the first place.

Opiates are controlled 4 2 reasons. One is, they can be used to enslave people. The second is the pharmaceutical drug industry. This gives them a permanent position in making money off what otherwise would be a very competitive industry. See, you have to go to a certified drug dealer, otherwise known as a doctor, then take a piece of paper to a place called a pharmacy to get pills they buy from a limited number of companies. A $100 plus process to get what is probably $2 worth of drugs.

Why go to a doctor? Because the drugs need to be controlled, because they are addictive. How do most people get hooked on drugs? By going to doctors. So why the protective process? Because the system can get $100 plus insurance charges out of you instead of $2. Got to keep you working.

Karl hit on this. Mortality is the US is increasing. I don't believe it is because of a lack of access to doctors or a shortage of drugs. I suspect bad food and a surplus of prescription drugs are the problem. Other than what is absolutely necessary, going to the doctor has become hazardous to your health.

----------
The only function of economic forecasting is to make astrology look respectable.---John Kenneth Galbraith
Azzurri_82
Posts: 29
Incept: 2015-02-21

Edinburgh
Report This As A Bad Post Add To Your Ignored User List
Does anyone on this forum have any books or guides they could recommend re: low-carb type diets?

I imagine quite a few people on this forum try to follow a similar diet as Karl, and I'm completely sold on the benefits and the science, although I think I might be consuming too much meat / protein and frying my kidneys in the process as well as reducing any perceived benefits.

I'm concerned that took much bacon and eggs every day and not enough veggies is having negative consequences, perhaps even more so than previously eating breads and pastas?!

It's complicated by the fact I have acute ulcerative colitis, which means a lot of the 'recommended' foodstuffs for your gut/bowels are not recommended on this diet.

Have you ever thought of writing a short e-book on this type of diet /recipes Karl, a step-by-step guide and recipe ideas? I'd buy it at the very least!


Regards,


Russell
Tickerguy
Posts: 150706
Incept: 2007-06-26
A True American Patriot!
Report This As A Bad Post Add To Your Ignored User List
Go to the archives, select personal health, and read backward.

----------
Winding it down.
Toddmeister
Posts: 99
Incept: 2009-08-10

Bay City, MI
Report This As A Bad Post Add To Your Ignored User List
dietdoctor.com is another good resource for low carb lifestyle.
Whitehat
Posts: 191
Incept: 2017-06-27

New York City
Report This As A Bad Post Add To Your Ignored User List
@Azzurri_82

http://www.breakingtheviciouscycle.info/....

The above link and the book that it references should help you with both of your personal needs. This particular program is also essentially a high fat diet so you will be addressing both issues.

If you have any specific questions, i will make myself available to you.


----------
There are two ways to be rich: One is by acquiring much, and the other is by desiring little.
Workerbee
Posts: 1874
Incept: 2009-03-18

* Winter is Coming *
Report This As A Bad Post Add To Your Ignored User List
Russell, I was once diagnosed with ulcerative colitis/crohn's disease but it was a faulty diagnosis.
But I know your issues well.

Attempting to eliminate (ha, unintended pun) triggers in my diet is EXACTLY why, after being at my wits end, I tried LCHF.
I had zero confidence in it.
I was desperate.
My approach was like a science experiment on my body.

9/11/2013 I started keto.
My gut is finally almost normal.

My best guess is I'm gluten sensitive with diverticulosis. If I avoid bread, pasta, small seeds and nuts I cruise right along.
In the beginning of my lchf journey I improved enough to be optimistic....more good days than bad....less intestinal problems....but there would still be intermittent issues. But it was the basis of a keto diet that gave me a decent framework to start from.

And salads, Brussels sprouts, cabbage, squash, zucchini, cauliflower, spinach....those are low carb veggies, I have them every day.
And make sure you get plenty of butter. And coconut oil is good for the gut, but start out with a small amount until you tolerate it and gradually increase the amount. It really worked for me.

Best of luck!

----------
Prepare for Our Valley Forge
*~* Appeal to Heaven *~*
...that those "who having no appeal on earth to right them, they are left to the only remedy in such cases, an appeal to heaven." ~John Locke
Login Register Top Blog Top Blog Topics FAQ