GSI Banner
  • Free Access
  • Contributors
  • Membership Levels
  • Grey Swan Forecasts
  • Video
  • Origins
  • Sponsors
  • My Account
  • Sign In
  • Join Now

  • Free Access
  • Contributors
  • Membership Levels
  • Grey Swan Forecasts
  • Video
  • Origins
  • Sponsors
  • Contact

© 2026 Grey Swan Investment Fraternity

  • Cookie Policy
  • Privacy Policy
  • Terms & Conditions
  • Do Not Sell or Share My Personal Information
  • Whitelist Us
Beneath the Surface

February 2025 | Eyesore

Loading ...James Howard Kunstler

February 5, 2025 • 3 minute, 14 second read


architecture

February 2025 | Eyesore
February 2025 | Eyesore

February 2025 | Eyesore

We pause in the usual cavalcade of horrors for a brief lesson.

James Howard Kunstler
Feb 5

Concerning President Donald Trump’s executive order requiring new federal buildings to show a preference for “classical architectural style” which includes Neoclassical, Georgian, Federal, Greek Revival, Beaux-Arts, and Art Deco, referencing the architectural traditions of Greek and Roman antiquity. . .

Behold (above) the federal building and courthouse in Tuscaloosa, Alabama by HBRA Architects. And, no, it was not conceived when Andy Jackson was fighting the Battle of Emuckfaw against the “Red Stick” Creek Indians in 1814. Rather, it went up in 2012, a rare example of neoclassical design executed in our time.

For the most part, though, the decades-long trend in American civic architecture has been for sui generis one-off, tortured-genius, para-metaphysical, high-tech, in-your-grille stunt buildings commissioned to shock and confound the middle class (Épater le bourgeois, as the French dubbed this maneuver).

These generally horrified the public (as intended), as well as perplexing and confusing them, making their interaction with the building a form of punishment. Often it was difficult to even discern where the entrance of the building was, or where to go once you managed to get inside. For instance, the recent San Francisco Federal building by Tom Mayne of Morphosis Architects, below, designed in the style of a dashboard from an alien spacecraft:

At its worst, you got the conjunction of malign form and evil function, as concretized in Washington’s J. Edgar Hoover Building, home office (mother ship) of the FBI, below:

Kind of looks like a giant stroopwafel jammed under a coffee table. You can be sure that little good came out of it, especially the past four years, and probably the whole six decades of its miserable existence. FBI-Director nominee Kash Patel went so far as to propose it be turned into “a Museum of the Deep State.” Well, yes. Perfect!

Below, see another new-ish civic structure dressed in neo-Georgian formality: the Alpharetta, GA, City Hall by David M. Schwartz architects — granted, not a federal building, but proof that trad proportions and details can be done well, where there’s a will to get’er done. Nice, huh. Dignified. Serene, confident, legible. . . reflecting what is to be desired in a polity, sanity and grace.

Why trad design, you might ask? Initially, with our nation’s founding, there was a wish to express our national ethos in architecture that denoted the democratic spirit of Ancient Greece melded with the order of the early Roman republic. And so, you got this bold neoclassicism for over a hundred years, climaxing in the US Supreme Court’s headquarters, completed in 1935, below:

There are hidden charms in this neoclassicism. You may notice that the building is organized with a base, a middle and a top (or capitol). Indeed, not just the whole, but its parts ( e.g., the columns) express this tripartite organization. This expresses the organization of the human body, with feet and legs, a trunk, and a head. Thus, it reflects our essential humanness back at us and confers dignity in the works of man and mankind itself.

Sure there are other ways of making buildings, but are they expressing what we want to say about ourselves? Might we want to suggest that there is a sacred order to the human project, and be reminded of it forcefully in our monumental buildings?


This blog is sponsored this week by Vaulted, an online mobile web app for investing in allocated and deliverable physical gold. To learn more visit: Vaulted.com


Eyesore of the Month Since 1998

For the first time ever, you can now binge-read and comment on the complete “Eyesore of the Month” archive going all the way back to this feature’s debut in March 1998. That’s more than 300 architectural blunders, abortions and abominations to make you chortle, snort and guffaw. Click here to read them all.


Start writing


Another Bell Ringing

February 4, 2026 • Addison Wiggin

You can bet on nearly anything on Polymarket. One bet is that Elon Musk, current net worth $775 billion, will add the other $225 billion and become the world’s first trillionaire.

Betting market odds now overwhelmingly see it happening this year, and this could be a sign of a top.

Another Bell Ringing
Markets Slip, Metals Split, Power Gets Physical

February 3, 2026 • Addison Wiggin

In Singapore, Bloomberg reported that retail buyers crowded United Overseas Bank, the city’s only bank selling physical gold, until customers without pre-orders were turned away.

In Sydney, lines stretched into the street outside ABC Bullion after Friday’s selloff. Thai investors held existing positions instead of selling into weakness. In China’s Shuibei district, ahead of the Lunar New Year, buyers stepped in, and local prices held premiums over exchange benchmarks.

“It’s still a buying market,” said Globlex Securities CEO Thanapisal Koohapremkit. Quiet accumulation doesn’t announce itself. It just keeps happening.

Markets Slip, Metals Split, Power Gets Physical
One Strong Sign of a Weak Labor Market

February 3, 2026 • Addison Wiggin

 AI tools are incredibly useful and AI stocks remain richly valued. Yes. 

 New tech will also create new, productive and higher paying jobs. Ones we haven’t even dreamed up yet.

In the meantime, the jobs market is being measured by the tools needed to calculate the economy without knowing what the new jobs will be.

One Strong Sign of a Weak Labor Market
Gold Shivers, Wear A Coat

February 2, 2026 • Addison Wiggin

For months, speculation swirled like chimney smoke in a snowstorm. Would Trump tap a dove? A loyalist? A Wall Street man in a red hat? Warsh checks none of those boxes — and all of them.

 He’s a former Fed governor, a Goldman alum, and a card-carrying skeptic of central bank omnipotence. 

He’s said, “The Fed is not independent from government. It is independent within government,” which sounds like something out of a fortune cookie written by Hayek. 

He doesn’t want the Fed playing God, and he’s not keen on printing money to mop up Congress’s mess. He believes in limits. In credibility. In consequences.

Gold Shivers, Wear A Coat