[Marxism] Doug Henwood on gloom

["Charles Brown" <charlesb@xxxxxxxxxxxxxxxxxxxxx>]

 DH: But less exuberant sorts also said some troublesome things.
âWeâ shouldnât be handing money over to Wall
Streetâinstead we should be spending it on schools and green jobs.
Yes, it would be lovely to spend lots of money on schools and green
jobs. Weâre even going to get some of thatâbut it wouldnât address
the financial crisis. A busted credit system is a very serious problem
for everyone, not just the bourgeoisie

^^^
CB: However, now that those 
Wall Street
financial oligarchic institutions 
in fact_got_ so much 
money, the working class's tribunes
 can raise the demand that the 
working class just get money for 
its debts , too.  Let the bourgeoisie
 come up with a reason why that
 shouldn't be, not the working
 class' organic intellectuals. 


^^^
Itâs one thing to misread history;
 itâs another to use that
 misreading to misread the
 present. The crisis is real. 
The credit markets are frozen.

^^^
CB: This is a reason to give or
 loan money to the Big banks 
That already happened, so
 the debate on whether  it
should have happened is moot.
 That's "history", now. As to 
the present, the fact that the
 banking crisis is (was) real  
is not a reason not to give money
 to the working class people , 
whose crises are also real.

^^^
Itâd be nice to see some social spending and redistribution too, but
itâs no surprise that this gang isnât proposing that. Infrastructure
spending, green energy, and aid to state and local governments are all
good things, and will have a salutary economic effect, too.

^^^
CB: On redistribution, 
Pelosi has
 proposed ending the
 Bush tax 
cuts for the rich, a change
on her part.


^^^
the economy will grind to a halt.
^^^
CB: Since those big banks have 
already got money and more is 
on the way, there's nothing else
 the federal government can do
 to avoid this,no ? What else does 
one propose to avoid the
 economy grinding to a halt, since
 the money to big banks approach 
has and is being carried out
 to the max  ?

^^^

Thatâs not in our present politics, but politics could change.

^^^
CB: Especially since, politics 
already have 
changed, Rip Van Winkle.
We told you so.

^^^
total disaster

^^^
CB: What would be the details
 of "total disaster" ? Mass starvation ?
 food riots ? Anarchy ?

^^^
Itâs going to get easier to win recruits as the ranks of the
disappointed swell.

^^^
CB: Recruits to do what ? to 
what organization ?



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