Heads in the Sand?

Mike Vanderboegh at Sipsey Street Irregulars.

Here we are on the verge of a civil war and because the news media does not even recognize the validity of our grievances,and certainly never reports them, nobody thinks it is coming except the people preparing for it.

Victor Davis Hanson in a piece titled Reflections on the Revolution in America.

These are exciting though scary revolutionary times, akin to the constant acrimony in the fourth-century BC polis, mid-nineteenth century revolutionary Europe, or — perhaps in a geriatric replay — the 1960s. This is an era when the fundamental assumptions of the individual and the state are now being redefined, albeit in a weird, high-tech, globalized landscape.

Vanderboegh’s observation is closely tied to Hanson’s ruminations.

UPDATE:  Moody’s fears social unrest as AAA states implement austerity plans

The US rating agency said the US, the UK, Germany, France, and Spain are walking a tightrope as they try to bring public finances under control without nipping recovery in the bud. It warned of “substantial execution risk” in withdrawal of stimulus.

“Growth alone will not resolve an increasingly complicated debt equation. Preserving debt affordability at levels consistent with AAA ratings will invariably require fiscal adjustments of a magnitude that, in some cases, will test social cohesion,” (bold by ed.)  said Pierre Cailleteau, the chief author.

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