a question about monies

hello elephantine masses, a question for you. so, the other day seemingly all the pillars of pecuniary stability crashed to the ground and wept and pissed their pants, asking for a government buy-out, but the government slapped their collective hands and said something to the effect of, "clean up your own mess." i should note that the government's earlier bailout of fannie may/freddie mac was a spectacular piece of quasi-populist, New Deal-era legislation - nationalizing these huge lending agencies! ha! and we thought that cuba and venezuela were communist! it's awesome. i wish we would nationalize more things, but then we'd also need competent people (i.e., not bush's drinking buddies from Tejas) to run them. hm.

anyhow, a debacle. that's what it appears to be. but at the same time, i look out my window, and all seems pretty comfortable and bright- there's a sort of celestial light pouring in, that early-morning light that's sort of hard and cold in a way, because it's so cleanly bright - and i don't feel like i've been shaken to my foundations. all of this is a leadup to say: will this financial crisis seriously disrupt the class hierarchy in the US? will it plunge the middle classes into poverty and those with low income into dire poverty? i'm guessing that it will due to sheer layoffs. but what of the rich? will their positions be disrupted? how are we going to materially gauge the effects of the crisis? breadlines, ketchup soup, spike in alcoholism and spousal abuse, packed movie-houses? i guess i want to crystallize the material effects of capitalism's creative destruction in order to have some vignettes at hand to show how the bankruptcy of banks, on the one hand, can lead to or interact with more expensive rice and beans in the supermarkets, with rising unemployment, unaffordable rents, and all of the other components that are accompanying this crisis. in some ways, i feel like it's a crisis collage, bringing in seemingly unrelated elements that somehow jive together when juxtaposed. can someone with an economics background explain to me how differently-positioned sectors of the economy will feel and are feeling this? i know that the poor will be hardest hit, and in the wake of the lovingly dismantled social service structure, they have basically no safety net. my only touchpoint is the GD (Great Depression), which was encapsulated in photographs and a broadbased cultural movement funded by the government, whose central purpose was to document the effects of uneven development and offer succour. amazing time that was - i wish that we could do the same thing again. art really proved its material worth. this time, there will likely be no original plays or oral-history gathering missions...we're at war, people.

i have more to say about the uproar over financial failure, but i have to work now. all i'd like to say in conclusion is that maybe the large hadron collider unleashed a financial black hole that is sucking in lehman brothers and merrill lynch and bear stearns and all those bignames/bignoses into subterranean french countryside. i also want to point out that the LHC's provenance underground in france would fit very well with Umberto Eco's writings on the Templars, jeje. furthermore, i want to relate a story told to me by some orthodox jewish girls, aged 9 and 11, respectively: the father of one of the girls was visiting the US mint as a child, and at the end of the tour, he asked,"do we get free samples?" gevalt. gestalt!