RIP

"I hate endings. Just detest them. Beginnings are definitely the most exciting, middles are perplexing and endings are a disaster. … The temptation towards resolution, towards wrapping up the package, seems to me a terrible trap. Why not be more honest with the moment? The most authentic endings are the ones which are already revolving towards another beginning." -- Sam Shepard.

Big problems require big solutions

A confused and befuddled Nancy Pelosi and Chuck Schumer, grasping at straws, have a formulated a nearly perfect compression of their tired lesser-of-two-evils rhetoric -- "A Better Deal," promoting the new slogan under the misapprehension that it's bad marketing instead of bad politics that's the cause of their electoral headaches.

The road to capitalism triumphant is pocked by financial crises: 1819, 1837, 1857, 1884, 1901, 1907, 1929, 1937, 1974, 1987, 2008... 

But what accounts for that long break after WWII, 30 years of widespread prosperity and economic growth? 

One key factor, besides sizable opportunities in the construction industry afforded by worldwide devastation, is that during these decades banks were severely regulated, capital movement was constricted, exchange rates were limited.

In judging the seriousness of the Democrats in the months ahead, their willingness to rein in the financial giants will be key. Other vital issues -- infrastructure, empire, jobs, climate change, affordable universal education and health care -- cannot be addressed by a party still afraid to pursue any policy that might inconvenience rich people.

We need a new era of big government to address big problems. More than a Better Deal, we need a Big Deal.

quote unquote: James Baldwin

"I have met only a very few people - and most of these were not Americans - who had any real desire to be free. Freedom is hard to bear. It can be objected that I am speaking of political freedom in spiritual terms, but the political institutions of any nation are always menaced and are ultimately controlled by the spiritual state of that nation. We are controlled here by our confusion, far more than we know, and the

American dream has therefore become something much more closely resembling a nightmare, on the private, domestic, and international levels. Privately, we cannot stand our lives and dare not examine them; domestically, we take no responsibility for (and no pride in) what goes on in our country; and, internationally, for many millions of people, we are an unmitigated disaster. Whoever doubts this last statement has only to open his ears, his heart, his mind, to the testimony of - for example - any Cuban peasant or any Spanish poet, and ask himself what he would feel about us if he were the victim of our performance in pre-Castro Cuba or in Spain. We defend our curious role in Spain by referring to the Russian menace and the necessity of protecting the free world. It has not occurred to us that we have simply been mesmerized by Russia, and that the only real advantage Russia has in what we think of as a struggle between the East and the West is the moral history of the Western world. Russia's secret weapon is the bewilderment and despair and hunger of millions of people of whose existence we are scarcely aware. The Russian Communists are not in the least concerned about these people. But our ignorance and indecision have had the effect, if not of delivering them into Russian hands, of plunging them very deeply in the Russian shadow, for which effect - and it is hard to blame them - the most articulate among them, and the most oppressed as well, distrust us all the more... We are capable of bearing a great burden, once we discover that the burden is reality and arrive where reality is. Anyway, the point here is that we are living in an age of revolution, whether we will or no, and that America is the only Western nation with both the power, and, as I hope to suggest, the experience that may help to make these revolutions real and minimize the human damage." -- James Baldwin, The Fire Next Time