Robert Owen

Educated professionals mostly just want to know if this is good or bad for their stock portfolios.

Alas, America doesn’t do class politics.

Race, gender, vaccines — anything but class.

Weird that Harris never mentioned that in her campaign.

Educated professionals will rush to see if that is bad for their portfolios.

That sounds like the kiss of death.

Harris lost the popular and electoral vote to a convicted imbecile.

Shareholders will.

So, you can get a $1,000,000 Boomer Crap Shack for only $1,150,000 in financing costs?!

Rush right in kids: gramps needs to unload his bags.

The ugly reality is that many folks in the Democratic Party have ZERO interest in fighting corporate power.

I learned that the hard way on the last Sanders campaign. We won in California — then got body slammed in South Carolina.

That’s the magic of capitalism — it creates needs AND satisfies them.

Just nationalize all royal lands and solve the UK housing problem.

Those of us who had to go into courts, jails, hospitals — things that don’t close — got virtually no government assistance.

At the same time, asset holders got huge cash injections to “save the system.”

As always, the American system proved to be just the betrayal of labor for capital.

😂 So true.

I worked the last Sanders campaign in CA (we won) and my brain was blown by the South Carolina primary.

It took me a long time to process that a big chunk of the party really isn’t interested in confronting corporate power.

Sure, but it also pretends to be a party of the people. It’s drowning in its own contradictions.

What’s a dollar worth?

It all boils down to a simple question Democrats refuse to answer: Is it a party of labor or capital (portfolios and “good billionaires”)?

Since it won’t answer that question; the party can never be more than a temporary respite on the slide to totalitarianism.

How is this possible? Is the UK ruling elite just less united?

No signs yet even of criminal investigations in the USA.

Democrats still don’t know if they are a party of labor or capital (stock portfolios and “good” billionaires).

Until that is resolved, most Americans (who have very little) will continue to be largely uninterested.

Everything in America is about making the stock market go up. There isn't any other national policy.

And they really have nothing to fear.

The American mind is complete entrained to capitalist realism.

Is it a party of the people (labor) or capital (portfolios)?

As is, the party can present no meaningful resistance to fascism.

The middle class is the deluded part of the working class.

America as a money-death cult.

"Fascism is a manic attack by the body politic against itself.... More precisely, it is an attack by the “whole” of society, its image of unity or plane of transcendence, against its “parts,” its bodies or plane of immanence."

Massumi, A User's Guide to Capitalism and Schizophrenia

Outside the paywall, life goes on.

Late capitalist subjectivity comes with an internal mandate to keep updating and optimizing.

He’ll likely be a nervous wreck until the day he dies.

Bessent and Warsh connect through Druckenmiller.

What would a coordinated Druckenmiller monetary policy be?

Just out of idle curiosity, what is Starmer alleged to believe or represent?

Gibberish.

Ascendant liberalism created the material conditions (deindustrialization and financialization) for Trumpism.

Dems need to decide if they are the party of the people (inequality) or portfolios.

Until then, they’ll do no better than elect placeholders for the next fascist wave.

It is also a smart ruling strategy.

Taxing high earners at rates — that are not applied to corporations — encourages an anti-tax ethos among the professional educated class (doctors/lawyers) — thus making it impossible for either political party to address wealth inequality.