Thread: Tea Parties
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Old 04-19-2009, 08:37 AM   #363 (permalink)
roachboy
 
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like will said, if the tea parties were organized around something like your post, dunedan, it would not only have been probably better for the right (because agree or disagree, at least it's a clear and well-articulated position) and for the rest of us (because having a clear and well-articulated position means there can be a coherent debate, and not a kind of name-calling that turns and turns around nothing but itself)...

i have a friend who's an long time trader--he calls me his favorite communist, and i call him my favorite reactionary. we were talking a few days ago about what china had proposed concerning the creation of a new reference currency and/or altering the way currency values are pegged to the dollar. he said that one thing he learned playing basketball as a kid was you don't look at the shoulders, you look at the feet--china is still buying long-term treasury bonds. he told me how to track this, but beverages intervened and then other stuff and i forgot---i'll ask again when i see him--this because it wasn't a source i knew about so i don't see how i could bring it to mind...

it seems to me tho that the main variable which could trigger something like the disaster scenario you outline is a wholesale collapse of the american political position in the context of the global-capitalist system. personally, i think that had mc-cain been elected after 8 years of george w bush, we'd aleady be in such a place. but i think that whether you agree with his policies or not, there's no getting around the fact that obama generated a bounce and in so doing an opportunity to maintain american political status by rejecting what preceded and initiating new directions----but over time, the proof will be in the pudding. i just don't think we're quite in the dark scenario area quite yet.

there are other variables at play as well---for example: what do you make of the imf revamp that's somewhere between having been proposed and being-implemented?
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