The situation the U.S. economy is in, mirrors the exact kind of situation Zuma Dogg is in. It's been a slow evolution that takes place over time, until you wake up, one day, with a real crisis on your hands.
I'll use my own example, then apply it to the U.S. situation:
When I first moved to L.A., I was high on the hog, with money coming in from the radio industry and I was living in Malibu (guest house, but $800-$900 a month back in 1990's). I was able to easily eat at a nice restaurant twice a day -- and not even really notice it in my checking account. Concert tickets...the price of admission was never a barrier to entry. And DRIVING...if I had to drive from Malibu to Burbank to pick up a $10 adapter I needed, NO PROBLEM! Plus, everything else. I was never that materialistic, and I was never in the most expensive car or lavish...but I didn't have to worry about any of it.
THEN, thanks to technology, the radio and record industry was able to do more with less people (automation at the same time revenues were way down. So, spending was cut back, everyone was doing five times the work for less money and everyone was dolled out less money by the industry and all non-essentials were cut.
But even though ZD was making WAY less money and eventually NO money...I still had enough savings for a running start (a couple months worth of money) and I was optimistic that something would "pop" because I was basing things on how they always had been in the past (ZD always getting hired into a bigger and better gig). So, I didn't stop driving all over the place, or stop going to the fancy restaurants...that was part of my identity. And people have "pride" and tend to like to keep up a good front, so people think everything is o.k.
But eventually, it was time to move to a smaller place...fast food restaurants instead of fancy ones...and walking around in such a "downscale state", there were making no bones about the fact that my economic state was in the toilet.
But I was still carrying on. THEN, it got even worse, and now I'm living in my car and don't have enough money for nutrition and gas at the same time. BUT I'M STILL OPTIMISTIC.
However, SOME DAYS it is so bad, that ZD needs a financial bailout, too. And that's when some supporters will paypal a donation.
SOME PEOPLE SAY, "Gee ZD, $20 bucks ain't gonna change your life or be enough." And some will add, "Gee, you never should have run yourself down into such a precarious situation that now requires emergency action." Because again, there are obviously reason of my own fault why I got myself into this mess. And there was a paypal crisis last week...and you can't keep carrying on $20 (or even the rare $100) at a time.
Yeah, of course a lot of my economic problems are my fault, even though I feel any other "shred" of potential luck has gone the other way, too. So ZD made the transition from living in a room to living in a car and has gone from fancy food to no food and from driving all over the place to planned, methodical trips. And I say the U.S. will be going though a similar downgrading.
But, like ZD, it will be forced to carry on each day under these miserable circumstances. And at least on Friday I was on KNBC 11 O'Clock news. And maybe something will pop today, or in the near future and I will be able to start to rebuild my life. MEANWHILE. thanks to these series of "not enough" paypal donations...I was able to attend every council meeting over the past five months, or so. AND was able to at least blog up a storm, as well. Plus, all the other stuff which led to ZD being invited to the KNBC News Room for Presidential Debate coverage on the 11 O'Clock news!
BUT I WOULD NEVER HAVE MADE IT TO TODAY, WITHOUT THE SERIES OF FINANCIAL BAILOUTS FROM PEOPLE -- ALL OF WHOM ATTACHED A NOTE SAYING, "Sorry ZD...I know it's not much/not enough...but I hope it helps."
IT DID HELP...AND IT WAS NOT ENOUGH TO REALLY ALLOW ME TO GET BACK ON MY FEET INTO A ROOM WITH JUST ENOUGH MONEY TO EAT EVERYDAY...
BUT I DOUBT I WOULD BE TYPING THIS NOW, OR MAKING ANY OF THE SMALL STEPS I AM TRYING TO TAKE WITHOUT THESE EMERGENCY BAILOUTS THAT WERE NOT ENOUGH.
So all we can do, is give 'em the bailout and hope it give the U.S. government enough of a jumpstart to pick theyselves off the ground and carry on.
They can't afford the fancy restaurants, umlimited driving trips, concert tickets and all the amenities ZD was used to during his "heyday" -- and hopefully the U.S. government will have the discipline and responsibility to make the systematic changes we have been hearing about (no golden parachutes, more good, less bad)...
But I am very pessimistic that they U.S. government will be able to take the measures needed on their own -- and that's when "free market forces" kick in (as I call it) and that's when the United States of America starts to downgrade their lifestyle the way ZD did, while they stay optimistic and try to move ahead.
Of course the U.S. Government didn't tell you how bad things were until it was absolutely a crisis. They have too much optimism, but even worse, too much pride. So free market forces will take care of the greed. Cause unfortunatley, just as ZD cannot break out of his "institutional beauracracy" (can't wake up and turn "left" instead of "right"/can't do anything besides what I have been doing these past two and a half years as an activist/blogger)...so eventually, unless I change my ways, soon...it's really gonna collapse and I won't be doing ANY of this as market forces take over. AND I don't think the U.S. government will be able to change their "institutional beauracracy"/change their patterns. So although the U.S. government should be able to do a better job with things than ZD is doing in his personal life...THEY WON'T! And you KNOW that! So hello to market forces taking over and an overall U.S. downgrade and eventual complete bottoming out as the rich people in the U.S. bug out to Dubai.
Villaraiogsa is gonna learn this the hard way. Unfortunately, you will be left with the crisis.
ZUMA DOGG PREDICTS SOME VERY BAD QUANTUM PHYSICS PATTERNS FOR ANTONIO VILLARAIGOSA. It might only be that he goes down in history for something known as "the worst in U.S. history" and we will see that is because he couldn't care less about the U.S.
AND ELI BROAD AND RICHARD RIOREND...I BLAME YOU FOR SUPPORTING THIS POLITICAL EXTREMIST MAYOR.
LET ME BE CLEAR...
AS THE ECONOMY SHIRNKS AND IT BECOMES MORE AND MORE OBVIOUS TO THE ENITRE PLANET THAT THE PARTY IS OVER...
VILLARAIGOSA'S TRUE COLORS WILL BE COMING OUT AND HE WILL BE REVEALED FOR WHO HE IS -- AND WE WILL BE HAVING A SITUATION ON THE STREETS THAT THE POLICE WILL NOT BE ABLE TO DEAL WITH. (Reverse Macarthur Park!)
IN MY HEART OF HEARTS I THINK LOS ANGELES MAYOR ANTONIO VILLARAIGOSA IS A SERIOUS THREAT TO NATIONAL SECURITY. AND LIKE EVERYTHING ELSE, IT IS BECOME MORE OF A CRISIS.
LOS ANGELES MAYOR ANTONIO VILLARAIGOSA IS A REAL SAFETY THREAT. I DON'T KNOW HOW HE CAN BE STOPPED...BUT HISTORY WILL SHOW...THIS GUY HAS DONE MORE TO DAMAGE THE CITY, STATE AND COUNTRY THAN ANY SINGLE HUMAN BEING IN U.S. HISTORY!
AND HE IS DOING IT NOW!