A profession of whack jobs

I would turn to retarded crack whores for wisdom and advice on how to live my life before I’d spend five seconds listening to a therapist. Dr. Helen explains why:

Kottler touches often on the narcissism of therapists in the book and has a section on the topic. He talks about his own struggle with self-worth and measures his own success by looking at all the good he has done, the people he has helped. He discusses how therapists often feel they are frauds. The author talks about his deep need to influence others, and he mentions a treatise on narcissism that describes it as such:

“A lack of feeling, the need to project an image, the desire to help others in order to exercise power, and arrogance are all familiar symptoms.”

He then states that he has long felt he holds super powers:

“After all, it seems at times (to others, if not to myself) that I can read minds, predict the future, and hear, see, feel, and sense things beyond the powers of mere mortal beings.”

In the author’s defense, he does struggle with this and acknowledge it can be a problem. I have talked to therapists who feel they are superhuman yet see it as an asset.

I’m sure it would be an asset to be superhuman… if it weren’t an obvious sign that you are insane. But there is a solution. As soon as a psychological therapist completes his training, lock him up for life in the lunatic asylum. Tell half of them they’re doctors, tell the other half they’re patients. The narcissistic whack jobs can keep each other occupied without harming anyone and the mental health of the rest of the world will improve significantly.

Dr. Helen asks a cogent question at the end: “Could it be that many liberals, like narcissistic therapists, are so insistent that others go along with them because they fear being obscure and crave feeling powerful more than they care about whether their solutions actually work?”

Yes. Absolutely. Which reminds me… I’ve been reading Jack Kerouac’s On the Road and found it to be little more than the travel diary of a useless, moronic narcissist and closet-case gamma who errantly believes he is poetic due to his habit of utilizing inappropriate superlatives. If Kerouac had been born in 1969 instead of dying then, he wouldn’t have written an astonishingly tedious “this one time, on a road trip” stream of semi-consciousness, he’d be a licensed therapist.

The New York Times pronounced the most damning verdict on Kerouac’s generation when it described his novel as “the most beautifully executed, the clearest and most important utterance” of that generation. Truman Capote had it right. “That’s not writing, that’s typing.” But On the Road is a remarkable achievement in one way, as I now find Rand al’Thor to be only the second most-irritating fictional protagonist in literary history.

An end to extend and pretend?

This doesn’t appear to harmonize well with the economic recovery tune:

A record number of U.S. homes were lost to foreclosure in the first three months of this year, a sign banks are starting to wade through the backlog of troubled home loans at a faster pace, according to a new report. RealtyTrac Inc. said Thursday that the number of U.S. homes taken over by banks jumped 35 percent in the first quarter from a year ago. In addition, households facing foreclosure grew 16 percent in the same period and 7 percent from the last three months of 2009. More homes were taken over by banks and scheduled for a foreclosure sale than in any quarter going back to at least January 2005, when RealtyTrac began reporting the data, the firm said.

“We’re right now on pace to see more than 1 million bank repossessions this year,” said Rick Sharga, a RealtyTrac senior vice president.

I imagine ONE MILLION repos will exert an amount of negative pressure on home prices in the near future. What most people don’t realize is the way in which being underwater tends to prevent a house from being put on the market. The recent rise in prices is the result of a temporary restriction in supply due to underwater homeowners being trapped in their worthless homes, not the rise in demand that would be a sign of recovery.

UPDATE: Forgive me if I’m skeptical that anything more than a handslap and a fine is meted out. “SEC charges Goldman Sachs with civil fraud in structuring and marketing of CDOs tied to subprime mortgages.”

The breaking of the Euro

While the Euro is still much more valuable than it was ten years ago when it was trading at .88 to the dollar, the inherent problems of both the currency and the political entity has never been more obvious. The European Union cannot survive the dissolution of the Euro. And the Euro cannot survive the intrinsic economic contradictions of the various member states. For years, Europhiles have scoffed at my prediction of a complete Eurofailure in which Britain and a few of the smaller member states would withdraw from the EU while Northern and Southern Europe break into two or more apolitical economic blocs, but I don’t see anyone scoffing at the fears of George Soros and other professional investors who follow the European economic scene.

Morgan Stanley has warned that the Greek debt crisis is setting off a chain of events that may prompt German withdrawal from the eurozone, with grim implications for investors caught off-guard. “The backstop package for Greece and the ECB’s climb-down on its collateral rules set a bad precedent for other euro area states and make it more likely that the euro area degenerates into a zone of fiscal profligacy, currency weakness, and higher inflationary pressures over time,” said Joachim Fels, head of research, in a note to clients.

As socionomics predicts, political unity is a consequence of economic growth and positive social mood. As the economy and the social mood worsens, we can expect movement away from political unity in both the USA and Europe. Since there are very strong indicators of further economic contraction, we can safely expect further trouble for the EU and the Euro.