Friday, December 21, 2012

End Of The World?

Guess what... It is December 21, 2012 and the world did not yet end. Perhaps the end will come by the end of the day, but smart money bets against it coming so rather than make preparations for the end of life the time is being spent writing this post.  Now that the world did not end did not stop the idiots who believe this shit from taking preventative action.  For example, More than 30 Michigan schools closed for the holidays two days early, in part because the Mayan calendar predicts the world will end on Friday, an official said.  This is not the first time prognosticators have erred.  In 2911, Harold Camping, a Christian radio broadcaster, used numerology to predict that the Rapture would take place on May 21, with the end of the world following on Oct. 21. It didn’t happen, much as it hadn’t happened when he made previous predictions in 1994 and 1995. Televangelist Pat Robertson predicted the end in 1982. Psychic Jeane Dixon predicted a comet would hit the Earth in the mid-1980s. And writer Hal Lindsey predicted the Rapture taking place no later than 1981 and Armageddon by 1988, basing his predictions on the formation of Israel. In 1997, The Heaven’s Gate cult commited mass-suicide, believing they can avoid the destruction of Earth by sending their souls to a spaceship they believe is following the Hale-Bopp comet.  Perhaps the end-of-the-world prognosticators are drinking from the same well as the end-of-the-U.S. fiscal prognosticators.  It seems that for virtually every issue there is a body of self proclaimed scholars who, with great certainty, find “evidence” to prove their out-of-ass theories.  Whether a slow news day or not, there are those broadcasters and newspaper editors that buy into their nonsense and start a wave of panic.  The world will not end with the Mayan calendar and the U.S. will not default on its debt.  As long as the U.S. can continue to print money and the U.S. dollar is the currency of the realm there will always be money. (At worse there is the trillion dollar platinum coin awaiting being minted and given to the Treasury to pay down debt) The wealth of a country is nothing more or less than the wealth of the citizens and corporations.  All the U.S. has to do (other than printing more money) is raise taxes.  If the deficit hawks were really serious they would encourage the government to create jobs, put people to work, and in the end, have more people paying taxes who are less likely to take advantage of tax loopholes.

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