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Casino Time
The word recession, meaning a temporary dip in economic activity, was coined in 1929 during the start of the Great Depression, so even then, we were kidding ourselves. Now, after months of babbling on about "green shoots," the main stream media, always fluffy and clueless when not outright dishonest, are starting to use "Great Recession," but that's still sugarcoating it. Why not the Great Recess, as in a fun pause in labor when we can all run out and play, or, better yet, let's give a nod to Saddam Hussein and label it, properly, as the Mother of all Depressions.
In November of 1929, a month after the stock market crash, Lou Nevin recorded, "Happy days are here again, / The skies above are clear again / Let us sing a song of cheer again." In June of 2009, eight months after another stock market collapse, the New York Times launched "Happy Days," a series of mostly palliative, feel good articles. Like Twain was supposed to have said, "The past does not repeat itself, but it rhymes."
Happy Days was also a popular TV sitcom, of course. Airing from 1974 to 1984, it featured a loveable, corny cast of working class Americans from the 1950's, with its most popular character a greasy (oily) mechanic and biker named Arthur Fonzarelli. When times were good, even a high school drop out could give two thumbs up and co-own a diner. Today, Fonzie would be lucky to work as a sales associate at Wal-Mart. America's most enduring and quintessential icons, Elvis Presley, Maralyn Monroe and James Dean, all came out of the 1950's, a decade of peak American confidence and prosperity. Many factors contributed to these good times, of course, but what's often overlooked is that we were the biggest oil producer in the world. A nice chunk of our wealth was a godsend. We were all Beverly Hillbillies.
The oil industry started in Pennsylvania in 1859, with the first significant oil well named "Empire," appropriately enough. Fuel and engine of the American Century, oil has allowed us to build an unprecedentedly sprawling, wasteful and alienating environment, where citizens are conditioned to spend hours sitting alone in a steel box and liking it. The car, not the eagle or cracked bell, is the symbol of American freedom, with its erratic, stop and start speed a metaphor for inevitable progress, but what happens when this joy ride stalls and we are forced to reverse? In 1953, Charles E. Wilson, President of General Motors and later, Secretary for the Department of Defense, declared to congress, "What's good for the country is good for General Motors, and vice versa," so if G.M. (and Chrysler) are near death now, are we also lying on the slab?
Just look around you. I live in Philadelphia, a broke metropolis gutted of almost all industries, like almost all of our towns and cities. Every so often, bored and angry youths rampage through The Gallery, our downtown shopping mall. They fight security guards, sending some to the hospital. Roaming sidewalks, they knock down random strangers. Just this week, more than a hundred students staged a mini riot inside Macy's, causing nearly a thousand dollars' worth of damage. One was hospitalized after being kicked in the head. Fifteen were arrested.
Across the river is Camden, once the home of Campbell Soup and RCA Victors. Last year, it was ranked as the most dangerous American city. The year before, merely the second most deadly. Etched onto City Hall, a line from Walt Whiman, "IN A DREAM, I SEE A CITY INVINCIBLE." Beneath it, two boarded up windows. Downtown is mostly deserted. On its main drag, people strut about aimlessly, past Chinese and fried chicken joints with their bulletproof plexiglasses. Just outside downtown is a tent city. During the summer, more than a hundred people live there. During the winter, around fifty. Black, white and Hispanic, the youngest is 20, the oldest, 76. They share one toilet, a honey bucket, and two shower stalls. No hot water or electricity. Heat comes from burning wood or cans of Sterno, the jellied alcohol normally used on buffet tables.
An hour from Philly is Bethlehem, home of Bethlehem Steel, now a hulking ruins visible from miles away. The second largest steel producer in the U.S., it was responsible for the Golden Gate Bridge and nearly all of New York's skyscrapers, including the Empire State Building, which was conceived during the roaring twenties--think irrational exuberance--and built during the Great Depression. In Bethlehem recently to photograph, I was hassled by a security guard working for Sands Casino. "But I'm on a public street," I protested.
"You're photographing Sands' property."
"That's Bethlehem Steel, man. That's American history!" I stared at this guy incredulously. Like I said, you could see the old factory from at least a mile away. "Are you from Bethlehem?"
"I was born here. My grandfather worked in that steel plant."
"You were born here and you're stopping me from photographing Bethlehem Steel?! You know how funny you're sounding right now?"
"It's not Bethlehem Steel anymore. It belongs to Sands."
"Man," I shook my head and pointed at the sky, "your granddaddy is probably laughing at you right now."
Citing the Patriot Act, he demanded to see the images on my camera, but I refused to show them, and as I turned to walk away, he stopped me under the threat of arrest. After more absurd back and forth, he finally let me go when told, through a walkie talkie, to do so by a superior.
Done with making stuff, we sold each other products and services. I'll cut your hair, you'll cut mine. When those prospects proved inadequate, we turned to hustling. That's why casinos are mushrooming across this land. In Kansas City, Kansas, I even saw one occupying an old church. Heading into this Mother of all Depressions, we're armed with not much more than the audacity of hope that luck will be on our side as we shove one last penny into the slot machine.
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45 Comments so far
Show Allsierra7
Com'on! According to the FRBSL (Federal Reserve Bank of St. Louis) the recession ended June/July /09! Where you been????
(Just trying to be funny, but the quote about the FRBSL is direct from FRBSL...I subscribe to keep track of what the "good people" are writing)
Good piece...something we forget about the "wonderful" system we subscribe to, to put it formally...."The Detritus of Capitalism."
Sickness, like the poor we love to hide....everything new, (like tv shows..."....All new"!) "All new economic show", shiny, electronic, isolating, 24 hour, self-gratifying.
The September 2008 economic meltdown was a practice drill for the more severe serial financial meltdowns we will be experiencing for many years.
Prior to FDR's New Deal regulating the financial industry in 1933, financial meltdowns (they called them "panics") occurred at least once each decade ever since the birth of the US. Each "panic" resulted in the wealthiest 2% of Americans becoming wealthier at the expense of your ancestors and mine.
Future meltdowns will occur with greater frequency and will be more severe than the pre-FDR "panics". The wealthiest 2% of Americans will continue to reap unprecedented boosts in their wealth with each meltdown, while the rest of us will keep getting poorer.
Restoring FDR's New Deal regulations and adding regulations that address financial schemes that have evolved since 1933 is the only way to control the financial industry and prevent the US from becoming a third world country. Many other towns and cities across the US will soon look like Camden.
And don't forget the biggest Casinos of all, Wall Street and the big banks, where losses are socialized and profits are privatized. Any idiot can win with the rules stacked like that. And the call those losers "Savy". Give me a frigging break.
Getting financial industry deregulation and bailouts that give savy banksters 20,000 % returns on the bribes paid to politicians sounds pretty savy to me.
The next bankster bailout will result from the private equity time bomb now ticking. Josh Kosman's 2009 book called THE BUYOUT OF AMERICA explains the dynamics in layman's terms. WARNING: Don't read the book after 3 Pm or you won't get a good night's sleep.
I live in Casino Shitty Atlantic Shitty ( AKA City) by the Sea. It sucks . AC is representative of what America has become in a nut shell. Billion dollar Casinos surrounded by a ruin ( the old AC). 30 yrs + of Casinos have done next to NOTHING to redevelop the city but the Gov't loves them because they support the pols big time and allow for endless forms of graft and nepotism. In AC u either work for the Casinos mostly low paying scut work and increasingly becoming seasonal or you work for the city. If you have a city job its great pay and benefits and it doesn't even amtter if you have a rap sheet a mile long as long as your "connected". The rest of the town is a shambles of hand painted signs mostly gold shops and massage parlours ( hand job joints). In the center of town The Baltimore Inner Harbor developer has set up shop and we have what I call the CORP mall of all of Americas fav. labels and if u work here its min. wage no benefit part -time jobs as well. The best jobs in town are City jobs and top Casino ex. jobs. The Profs. have good work as well. Lots of Drs. ( they love the local golf courses and the beach) and lots of lawyers. Beyond these groups there is little left in the way of work. The local economy is severely depressed.
Thanks for letting us know about what is going on in AC. I always enjoy posts were people give a picture of their local place in the world. It helps to get the big picture of what is going on out there in the real world.
Your welcome! Actually , I softened the picture a bit it's really worse.
No doubt that's all true, but let's be fair to Atlantic City. You forgot to mention the other Whitehouse, the one in AC with the lines down the block because it's so good (sub sandwiches on real bread). And there's always Lucy. I visited there a couple of summers back to see a good friend who had moved away from California and family to go back, gasp! to Atlantic City. Go figure.
Does anyone believe that this trashing of the USA happened spontaneously, that it was not planned?
100% planned by government and big business. The wealthy have been setting up economic bubbles that result in "panics" and meltdowns for the past 200+ years, each time increasing their wealth while diminishing yours and mine.
How do you think "old money" got their money to begin with?
I say that this world's gambling industries are going to be dead in the water, which is right where they belong.
from the article:
In Bethlehem recently to photograph, I was hassled by a security guard working for Sands Casino. "But I'm on a public street," I protested.
"You're photographing Sands' property."
"That's Bethlehem Steel, man. That's American history!" I stared at this guy incredulously. Like I said, you could see the old factory from at least a mile away. "Are you from Bethlehem?"
"I was born here. My grandfather worked in that steel plant."
"You were born here and you're stopping me from photographing Bethlehem Steel?! You know how funny you're sounding right now?"
"It's not Bethlehem Steel anymore. It belongs to Sands."
"Man," I shook my head and pointed at the sky, "your granddaddy is probably laughing at you right now."
anybody ready to talk about the farce that is property ownership yet?
When I walk into a casino or any business these days, I'm on video... RECORDED!
Come on ladies, don't you think some guy up there is zooming in on you! Where's your privacy?
What's worse? Photographing buildings belonging to someone or photographing people with hidden cameras everywhere, and I mean everywhere!
The boarded up downtown store: the iconic picture (if they allow one to "take it") of this DEPRESSION; victims of and so symbolic of the cheap goods and cheap gas syndrome. With among the lower class we have Great Depression levels of unemployment, yet only a few percent of the upper income brackets are out of work.
Another iconic picture is a boarded up house with a foreclosure sale sign out front. Symbolizing the uncertainly of personal existence, and the homelessness a few paychecks away.
And the third iconic picture is what the article mentioned, the closed down factories of what was once the greatest manufacturing nation in history,
These three images show the deadliness of capitalism; the erratic swings of fortune, the concentration of wealth (and thereby power), the pain to the populace as games are played with their commonwealth.
Gary
"Advocates of capitalism are very apt to appeal to the sacred principles of liberty, which are embodied in one maxim: The fortunate must not be restrained in the exercise of tyranny over the unfortunate”
-- Lord Bertrand Russell
"Advocates of capitalism are very apt to appeal to the sacred principles of liberty, which are embodied in one maxim: The fortunate must not be restrained in the exercise of tyranny over the unfortunate”
-- Lord Bertrand Russell
Tell Alito and Roberts that one! They see it the other way around don't they?
Wait a minute, Philadelphia? Didn't I see something today about economic signs from Philadelphia causing us all to break into cheering prosperity is just around the corner?
http://www.businessweek.com/news/2010-02-18/philadelphia-manufacturing-accelerated-in-february-update1-.html
Hawaii is now mulling legalizing gambling to help the state 'pay revenues'.
'They paved paradise, and put up a parking lot...'
"Call someplace Paradise, kiss it goodbye" -the Eagles' Last Resort.
This guy absolutely nailed it!
I was driving in northern Cal yesterday for the 1st time in 18 years and all I saw were Casino billboards showing everyone young and beautiful and winning.
You can't watch 15 minutes of tv in northern Cal without seeing a casino ad with the same people featured.
This country of mine is so f$%#ed it's not even funny.
We've resorted to hustling each other.......
That's the best way I've ever heard it said.
Ironically, Northern Cal is one of the few 'real' places left in America: surrounded by real nature and people who know what to do with it. The authors observations on Pennsylvania seem 100% correct to me. Pennsylvanians are good people, but they have cut themselves off from their environment and now seem headed toward an internal destruction. Bad as it can be, I give N Cal a much brighter future.
I don't know if Casino is the best way to counteract the Religious Right. Both of them rig the game and bait people into their world only to rob them. The only difference between church and casino is that the religious nuts controlling the church will psychologically put you down and paint themselves as saviors to lie about God blessing you while they take your money whereas the casinos will keep making you overconfident that you'll win by gambling more. In this economy, I will stick to keeping whatever savings I have left and contribute to truly worthwhile places and purposes and leave those middleman casinos and evangelical churches out.
We have allowed much of this country to be turned into a flaming shithole, a broken wasteland. We don't care, because we might be the next winner on American Idol or "double-payout day" at our nearby casino. It's the most hellish kind of irony that many of these places are run by native american tribes (usually in cahoots with a big developer or two).
The first americans got their revenge, alright: first we all got addicted to tobacco, a product they usually used in moderation, then they made casinos nearly as common as gas stations and looted an entire generation of hapless rubes of their social security checks. Take that, treaty-breaking white devils!
The thing is they took themselves down with us. Now half the country is what Joni Mitchell accurately called a "woundscape". This is what "Hope (TM)" and "Change (TM)" look like in america now. Real hope will have to live inside us for awhile; there isn't much of it to see out there. Real change can't come too soon, but the signs aren't good.
We really are lost.
I am surprised no one has brought up the insane future of the USA as presented in "Back To The Future 2". That is where we are at. When I saw that film I thought at that time that was where we are headed. Reagan's Tax Rip Offs had started and I just had a vision that was where we were headed. I am sad. I have no idea how we are going to turn it around. With the Tea Baggers(God what a name) tripping around showing off there ignorance and stupidity and having it broadcast as something worthy of immulation makes me sick to my stomach. We have politicians betraying the people not so subtlely. Business leaders who care more for the dollar than the country. I pray to God we can turn this around.
As a society, we are doomed. Obama prattles on about jobs but the truth is clear. Jobs are the last thing corporate Amerikkka intends to produce. Under the Milton Friedman style of economics that is taught in all our universities, outsourcing and insourcing low paid foreigners (usually illegals) is the way to go. Whenever a corporation cuts thousands of jobs, their stock price skyrockets. Our only recourse will be armed revolution. Maybe now would be the best time while our army is overseas, but i guess I'm only dreaming. I'd like to think if I wasn't disabled I would take part, but i would probably wimp out like most people.
Don't feel bad. "Most" is 99.999% of us.
remember, we are not really a nation, but a market. all from everywhere and nowhere, we came here without a common history. not really trusting each other in this new land, we set up a government of limited powers that reflected our aversion to centralized power. with the wide frontier open to exploitation, the unifying principle became the pursuit of profit, which is what americans mostly believe in, but an ideal that fosters competition instead of unity among us. even now, with environment catastrophe looming, we judge our success by whether our children "had it better than i did", a ridiculous calculus if we are to hope for a sustainable world. you would think that the recent economic meltdown and the corporate welfare we had to pay to correct it would have stoked the fires of populism and engendered a political movement to change the way we look at the relationship between capital and labor. after all, retirement accounts evaporated and home values plummeted, all because of the machinations of a relatively few speculators and rogue corporations. the fact that this recession is not a product of natural economic cycles but of blatant avarice and government neglect has done nothing to blunt americans' longstanding love affair with capitalism. love of all things private has truly become almost cultish, as the bulk of the people don't even sense the power that they collectively possess. instead, they have slapped their rescuers, turning to tea parties and right wing politicians who promise that if we just have more laissez faire capitalism that their ills will subside. how astounding that no progressive third party emerges from the rubble of this economic debacle caused by private capital. it is surprising that in the last two severe economic downturns, the population moved to the right, electing reagan in 1980 and now tilting toward the republicans, who have saddled us with debt and war for the forseeable future.
Sioux Rose
JOHNNY U: If a child is told something by a parent, but the parent does the opposite thing, the child is left in a state of confusion, unsure how to respond. That parable signifies the American people, for the most part. Your post is sound; although as per your conclusion, give it time. There's still a good chance many will wake from the stupor of energy-depriving food, numbing, hypnotic TV (feeding them delusions of all sorts), and the evidence of the losses they have experienced... and the 3rd party will become the phoenix that rises from the ashes. Not all will elect to act as thugs beating up their peaceful neighbors to earn their daily bread. Let us hope that the imprints of history and historical films will be sufficient to catalyze in the collective unconscious a net realization: we will not go down this path (again). I realize that the loosening of conscience thanks to films/TV broadcasting (24/7) applications of violence that appear to be "worth the price," since they are done for purported heroism or to satisfy an important objective makes violence more acceptable in our culture. Still, there is something Divine placed in every human being, and regardless of endless pro-aggression conditioning, for many, that spark will NOT go out.
Sioux Rose
REDWRITE: Brilliant post. You articulated the nightmare that I also see potentially about to become enacted in the homeland. I would only offer that you didn't place enough responsibility on the democrats. Having not held the Bush Junta to account for a naked war of aggression (violating The Geneva Conventions), nor done much to TRULY stop the off-shore prison Gulag system and its preference FOR torture; by not rolling back the Patriot Act or providing citizens with the security of due process laws, by approving absolute rightwing sell-outs for the Supreme Court, and by handing yet more bounty to the MIC... it is fairly obvious (as so many in this forum have scathingly pointed out) that with the exception of a handful of principled persons, ALL of our congress persons serve ONE party: the corporate party of "state." I'd mockingly refer to it, "One nation under big oil, in militarism we trust."
For a while I've been thinking of moving out. I thought when Obama got in things would slow down in the way of inverted totalitarianism. Not so. I also feel this site is monitored, and how you describe the foot soldiers is accurate. They are already being taught to hate "other," and to demonstrate knee-jerk "patriotic" responses. Add this to decades of dis-information and they can't reason, for the most part. The fate of our nation is sliding downhill stage right faster than an Olympian athlete on a sled.
Given what is mentioned in this article, I doubt that this current recession is a dip that will be self-correcting as it often was in the past. It seems more like a serious decline resulting from decades of industrial decay in the US. I do not see a source of vitality that can revitalize the economy. Except one, perhaps.
I have seen the vast stretches of dry sunny land owned by Native American tribes in the west. They were given these lands because nobody else wanted them.
Why do they build corrupting casinos rather than environmentally sound wind and solar energy plants? Casinos drain the pockets of working people. They do not lead to anything healthy or good. I think that there is cash from various kinds of Mafia to start up casinos and enough tribal leaders that will play along for a price, despite the long term impact on the people.
Nobody is giving money to develop clean energy. In fact there are laws and tax breaks that are disincentives to such a thing. Helping the tribes to build energy facilities and sell the power to the rest of us would be a bit of rough justice for what has happened in the past. Everyone would benefit. It would give some power to the people, in several ways. Cheap and clean power along with other initiatives could help lay the basis for a revitalized economy.
Joe
Do you really want to know why Amerikkka turns to the right wing after economic catastrophes? It's because they are a nation of idiots. Notice that I didn't use the word "we".
I don't use that word because I don't identify with this nation anymore. I only stay here because I'm disabled and trapped. I'm tired of hearing "we're the greatest" or "we're number one". If you don't believe they're idiots, in the last presidential campaign "Dancing with the stars" beat out the candidates' debate in the ratings. CASE CLOSED!
Your photo project is well done. Thank you for documenting our decline. About the security guard incident: I went to a high school class reunion (Class of '64), and it seemed that all of my male classmates were employed by the military, or the penal system, or police. The service economy is very much an economy based on security services, not hair cuts. "You guard my house, and I will guard the people you arrest."
Sioux Rose
SERIOUS: The proliferation of uniformed armed guards (in whatever sector) is more evidence that our society has fallen under Mars rules.
I find it rather odd that you should preface your comment by quoting John White. Racial attitudes and observations from 19th century America are not exactly spot on or subtle. Even Walt Whitman thought that some of the "inferior" races would die out, since they could never compete with the white man. "The [negro], like the Injun, will be eliminated," he said, "it is the law of races, history, what-not." In any case, the piece I wrote was not about Vietnam or me, but what I can observe now, as an American. I won't bore you with the state of my finance, but if you're that curious, you can go here:
http://opinionator.blogs.nytimes.com/2009/05/31/get-together-slim-down
And no, I'm not related to Viet Dinh. Even if I was, that fact should be irrelevant to this discussion.
That user you replied to is an impostor trying to fudge another name of another well respected poster on this site. You can report the comment and the user to CD admin.
To kassandrasduplex,
Veering from the contents of my piece, you went on at length about my ethnicity, and now you accuse me of "race baiting"?!
The worst ending will be in the surprise of that top 1%, because when America has fallen into ruin, who will be left to be their doctors, their service people?
When health insurance goes even higher, who will be able to afford it? The top 1%? Why would doctors go into a business which has no hospitals or any future?
Why would people go to college, where after graduation, there are no jobs and the students are in the debt house forever? How wonderful for you to live in a nation of illiterates, but soon this problem would rear its ugly head.
Why would we need roads, if there are no cars designed, made or repaired, since only the top 1% could afford them?
What will they eat, these top 1% , if farms go away or the food is so poisoned by antibiotics that no one can eat them?
The trouble with gamblers ( you top 1%) is that you haven't yet realized that your fortunes ( aside from cheating) actually come from those who have skills and know how to work.
So, as the industries, insurance, finance, pharma , farming, or any sort of production dies...just what will you top 1% be living on?
Like Nature, life is a complicated and inter- connecting web. A civilization depends on it, and woe to those who don't understand.
YOU( top 1%) have not realized this yet, but you need to wake up as "No 1% is an island," and you can't escape our poorly planned future. For where we go, you too will follow.
We are well and truly screwed.
redwriteman writes:
"There will obviously be a large number of folks who will embrace this right-wing, corporatist hell if they can be part of the "club". I am not talking about the elites in the boardrooms, but the domestic foot soldiers to do their dirty work while thinking they are clensing America of Liberal Rot. The 21st century Brownshirts if you will, who will be egged on by the media right-wing crazies."
They already exist and they're buying into the Homeland Security mantra. Secretly they yearn for the days when one could post the sign, "No Jews, Dogs, or Coloreds Allowed."
I see these people sometimes, although they try to be invisible. Among them is one who is bulking up while furtively trying to discern who is the Enemy. Semi-literate, he feels an advantage due to his "connections."
For my own part, I used to get paranoid about such things, but then it came to me; Who the hell do those people think they are?
For some reason I am reminded of Marlon Brando in the closing scenes of "The Young Lions."
Meanwhile, there seems to be some dispute on whether Thomas Becket was hanged or beheaded. A couple of famous movies seem to have different takes on this...
His Wiki site says he was assassinated:
"Thomas Becket (1118[1] – 29 December 1170), later also known as Thomas à Becket, was Archbishop of Canterbury from 1162 until his death in 1170. He is venerated as a saint and martyr by both the Catholic Church and the Anglican Communion. He engaged in conflict with Henry II of England over the rights and privileges of the Church and was assassinated by followers of the king in Canterbury Cathedral. Soon after the death of Thomas Becket, Pope Alexander canonised him and the murdered priest was elevated to sainthood."
He musta done something right!
-30-