7 Comments
Oct 4, 2022·edited Oct 4, 2022

It's fear, not so much greed, that powers markets. No conspiracy Jonathan- that's wishful thinking. There's lots of greed of course, but it's fear of losing your savings that creates the stampede. Blair stayed in power a long time because he had a well-organised media machine. Sadly Corbyn didn't. Obviously, the Labour Right was agin him, but Corbyn was a pretty hopeless people manager. He was surrounded by folk with no imagination

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founding

Whew! A laser strike, Jonathan! I don't know whether to strap in tight and hold on for the ride, or run and jump and abandon ship...but....to where? Anyone know of a place we can go "where cooler heads prevail"? Can't think of one myself. "...economics is not a science but a kind of elite formation psychosis...". Imagine -- being stampeded to death by a huge shoal of fish -- helluva way to go, but we've been set up for this for a very long time. Truly a wonder how funk-ified UK has gotten, but I'm refocusing my attention now toward Brazil and the election outcome there. Lots to keep track of in the world today -- thanks for helping us keep up with some of it, at least, JC! (even if just barely)...

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Another excellent, exemplary bit of journalism, thank you, Jonathan. I would be interested in some deep diving on anybody’s part, on some of the points in this provocative analysis.

The identity politics on steroids, the celebrity involvement in legitimizing the preferred party and its platform points...this is straight out of the Democrat Party’s playbook. So the Tory Party seems to be divided between the pols who try to convince constituents that they are well represented, while the party intelligentsia writes policies that nobody can defend. If this is correct, then the Tories are the UK’s Democrats. The DP is well represented by elected whatever who favor MFA, but that position gets no traction, attention or mention, once the elections are over. Maybe it’s that the Tory platform builders are the Republicans and the Tory MP’s are the Democrats. In any case, I believe that the substantial support that we see for insincere faux populists like Boris and Trump are rooted in duped members of each social culture who have been irreversibly conditioned by religion (us) and tradition (them). In both cases, xenophobia and outright contempt for people of color, language of inclusiveness, and a mocking animus for those who don’t agree are the salient descriptors on both sides of the pond.

And the Labour Party seems to be in an existential struggle for it’s true self. Keir Starmer looks to be as feckless and dangerous as Tony Blair. So the power brokers in the UK appear to have successfully Clintonized Labour. And Corbyn and Sanders were exceptions that prove the rule.

How long can these theatrical absurdities, these political parties that are the intended push and pull

of the puppet masters, how long can they survive the light?

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Jonathan, I think this is more than incompetence. The Truss & Kwartang budget unravelling so quickly, enabled those Tory Donors such as Crispin Odey & all speculators to short the pound and bring the whole system crashing down (payback time). If just incompetence, they would have allowed OBR to report on implications. Both are heavily involved with Tufton St Mafia IEA, Henry Jackson Society, Tax payers Alliance all are invested in the Freeport/ Charter Cities project where Corporations decide laws, tax rates, workers rights and provide what they deem, acceptable Public Services & Health Care…….Crash the Economy…..we urgently need growth NO. No strikes, reduced benefits & goodbye NHS, more dark arts than incompetence. Truss warned she was prepared to be unpopular. But I do agree if a Corbyn government had produced any budget, they would have been crucified.

Why are Labour Party not highlighting this threat?

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So right again Johnathan! This holds true to the Criminal Elite here in the US too.

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I dunno, Truss' cronies got plenty of opportunity to loot for a couple of days.

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That first paragraph is about the most succinct few lines I ever seen. It can be applied to any western nation and its leaders. Full force, hand on the rear of the grip. You hit that nail dead on. Incompetence derailing a thoroughly corrupt system.

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