There is an interesting premonition of the Eurozone financial crisis here. Monetary union between Germany and Italy and Germany and Greece devastated the economies of the smaller, less productive countries. Some people saw this coming a long time ago.
There is a kind of analogy to be made to the monetary union between the several States of the United States of America. One hundred years ago, this kind of thing was current in domestic politics.
Let’s look and see how the European economies compare to US states:
Germany’s per capita income is $48,111 (PPP)
Greece’s per capita income is $26,669 (55% of Germany)
Italy’s per capita income is $36,833 (77% of Germany)
In the US:
California’s per capita income $59,796
Mississippi’s per capita income is $37,903 (63% of California)
Ohio’s per capita income is $46,732 (78% of California)
Overall, pretty comparable. I don’t know whether the EU has the kind of transfer that we have in the US of taxes from richer states to poorer states. If not, that would be a big difference.
John Reilly also mentions Monsignor Robert Hugh Benson’s 1909 novel The Necromancers. Because John Reilly mentioned it more than once, I read it. This is one of the most terrifying books I have ever read. Monsignor Benson took spiritualism, then in vogue in England, very seriously indeed. This book, plus Last Call by Tim Powers, put me off anything of the sort forever. If you want to scare yourself for Halloween, read The Necromancers. You can get a Kindle version or a Gutenberg version for free.
Premonitions and Dark Arts
Arson does not make an Intifada, but apparently the security situation in parts of France really is deteriorating. Mark Steyn has this to say to Hugh Hewitt about where it is all headed:
HH: I hate arsonists. They're not only at work here...that's because my grandfather was a fireman for 60 years. But in Paris today, two buses are torched with ten people on them last night, barely got out with their lives. It's starting again in Paris.... MS...You know, these are countries that can be very coercive, and very unpleasantly so, when they have to be. And the danger is that you provoke them, you provoke them, you provoke them. You don't get a reaction. Then when you do get a reaction, it's a kind of nuclear one. And I think that is the situation that...whether that's actually any more effective in the long run is of course an open question. But I think that actually is the situation they're heading towards now in France.
Note that Steyn seems to be hedging his assumption in America Alone that Europe in general and France in particular will simply surrender.
* * *
Speaking of the miseries of Europe, real and imaginary, here's a bit of "I told you so" from the London Times about the euro:
The Iraq invasion, disastrous though it has been, may not go down in history as the greatest political blunder of the past decade. That dubious honour will probably belong to an event most people still regard as a triumph: the creation of the euro. What we see today, not only in Italy and Hungary, but also in the other relatively weak economies on the southern and eastern fringes of the EU, is the beginning of the end of the European project....
But what does the euro have to do with the political troubles in Hungary and Italy? And how can I compare the technocratic financial problems connected with the euro to a moral and humanitarian disaster such as Iraq? These two questions have a very clear answer: democratic self-government — or, more precisely, its denial.
What we see in Eastern and Southern Europe today are the consequences of the EU’s transformation from a union of democratic countries into a sort of supra-national financial empire in which the most important decisions affecting EU citizens are no longer subject to democratic control.
I still think the euro is a good idea; the problem is that the charter of the European central bank is a sort of mutual suicide pact. In any case, these complaints remind me of nothing so much as the agitation in the United States at the end of the 19th century against the Treasury's "hard money" policies. See, for instance, William Jennings Bryan's famous 1896 address that ends, Thou shalt not crucify mankind upon a cross of gold!:
* * *
Speaking of agitation, James Lileks has drawn our attention to the discussion at the Huffington Post Blog about what to do if the outcome of next week's Congressional election is not all the Democrats might wish. Lyn Davis Lear favors us with this advice:
When I asked Gore Vidal at dinner why the White House seemed so serene and at ease about the vote, he replied that, this time around, the Bush-Cheney henchmen could simply call on martial law. ...We all know the neocons won't cede power easily. They have to be aware that if the tide of Congress turns, Bush's last two years will be mired in gridlock and perhaps even be punctuated by several embarrassing congressional investigations....Therefore we should all be on alert. If for whatever reason we don't win back Congress in November the only real answer will be to take to the streets.
On the whole, the Democrats probably have cause to regret the motif of election fraud that they deployed during the recounts of the Election of 2000. There was enough genuine confusion then to make it plausible, though the evidence did not in the end back up the charge. They deployed it again in 2004, when the result was not even very close. They did so, apparently, for no better reason than to excuse an embarrassing loss. The Democratic problem now is that they have succeeded in convincing a large fraction of their constituency that the elections really are rigged. Such a belief does not encourage high voter turnout.
Paranoia can be put to sophisticated uses, however, as James Boyce later demonstrated on the same blog:
Voters have absolutely had enough of claims and counter claims and yard signs - only one question remains for us to ask ourselves- will every vote count next Tuesday?...Despite passing laws designed to guarantee that the votes be counted, there is no guarantee that next week, we will know the outcome of the races that ...I fear for the Democrats because we have not yet learned to fight until the fight is won. The reasons for this are many but the fundamental flaw lies in the basic structure of where political power exists within our part[y]..Who is leading the charge to make sure that when the cry of 'fraud' is raised, as it most certainly will be, we will have the team to fight. Sure, the DNC and others will issue statements "we will fight to make sure every vote is counted." But are there teams of lawyers at the ready? ...the increasing cooperation between online and offline power circles these past few weeks has been encouraging. This new detente will fall quickly, and perhaps permanently, apart if yet again, a Democrat is advised to 'do the right thing' and concede. The online community will demand a fight. And we can not fight this fight alone....We need to work with our elected leaders and top donors. ... We have failed to prepare....Where are our leaders?
You see what is going on here? There is no reason to doubt that the Democrats will do reasonably well. If they don't, however, the faction represented by the Netroots believe they will be in a position to make a bid for the control of the party.
* * *
I have federal jury duty on Halloween, so I may not be able to blog. However, I submit for your consideration this short excerpt from The Necromancers, by Monsignor Hugh Benson (1871-1914). The Monsignor was a Catholic priest who was once a well-know popular novelist. This book is about spiritualism, which the author both deplored and took very seriously. In this scene, a young Catholic who has been experimenting with spiritualism and who has suffered an out-of-body experience goes to a medium for an explanation of what happened to him. This medium is dangerous because he is honest:
"Very well, Mr. Baxter, I will take you at your word.... Have you ever heard the phrase, 'The Watcher on the Threshold'?"
Laurie shook his head.
"No," he said. "At least I don't think so."
"Well," said the medium quietly, "that is what we call the Fear you spoke of.... No; don't interrupt. I'll tell you all we know. It's not very much."
He paused again, stretched his hand for the matches, and took one out. Laurie watched him as if fascinated by the action.
Outside roared Oxford Street in one long rolling sound as of the sea; but within here was that quiet retired silence which the boy had noticed before in the same company. Was that fancy, too, he wondered...?
The medium lit his pipe and leaned back.
"I'll tell you all we know," he said again quietly. "It's not very much. Really the phrase I used just now sums it up pretty well. We who have tried to get beyond this world of sense have become aware of certain facts of which the world generally knows nothing at all. One of these facts is that the door between this life and the other is guarded by a certain being of whom we know really nothing at all, except that his presence causes the most appalling fear in those who experience it. He is set there--God only knows why--and his main business seems to be to restrain, if possible, from re-entering the body those who have left it. Just occasionally his presence is perceived by those on this side, but not often. But I have been present at death-beds where he has been seen--"
"Oh! yes. Seen by the dying person. It is usually only a glimpse; it might be said to be a mistake. For myself I believe that that appalling terror that now and then shows itself, even in people who do not fear death itself, who are perfectly resigned, who have nothing on their conscience,--well, personally, I believe the fear comes from a sight of this--this Personage."
Laurie licked his dry lips. He told himself that he did not believe one word of it.
"And ... and he is evil?" he asked.
The other shrugged his shoulders.
"Isn't that a relative term?" he said. "From one point of view, certainly; but not necessarily from all."
"And ... and what's the good of it?"
The medium smiled a little.
"That's a question we soon cease to ask. You must remember that we hardly know anything at all yet. But one thing seems more and more certain the more we investigate, and that is that our point of view is not the only one, nor even the principal one. Christianity, I fancy, says the same thing, does it not? The 'glory of God,' whatever that may be, comes before even the 'salvation of souls.'"
Laurie wrenched his attention once more to a focus.
"Then I was in danger?" he said.
"Certainly. We are always in danger--"
"You mean, if I hadn't prayed--"
"Ah! that is another question.... But, in short, if you hadn't succeeded in getting past--well, you'd have failed."
The genteel people in this novel get up to more scary stuff than can be found in all the torture dungeons in Slovakia. And look: it's available free from The Gutenberg Project!
Copyright © 2006 by John J. Reilly