From outside Chicago - think it may be time to skip town very soon 

Charlie 
Sent from my iPhone

> On Jun 1, 2020, at 4:42 PM, Kurtz, Steven <sjku...@buffalo.edu> wrote:
> 
> Brian, I have long admired your optimism and fighting spirit, but I just 
> find it difficult to think that structural change is coming soon. Regarding 
> the George Floyd case, we haven't even been able to get the accessories to 
> murder charged and the murderer is miles from conviction. Given the autopsy 
> discrepancies, I think we can assume the police shenanigans have already 
> begun. But putting the the institutional racism of the US legal system aside 
> (which won't change in our life time), and turning to the question of 
> electoral politics, I do agree with you that we need to build a voting bloc 
> that will put Trump out of office. And I believe this can happen. The 
> alliance is being formed, and we have a good shot at getting Trump out. I 
> share your optimism here. However, I have to point out that Biden is 
> literally and explicitly running on a no structural change platform. (Sanders 
> was the change candidate, and he's done.) The democratic congress supports 
> Biden's reform approach. Trump is wo
> rse, but the Dems are not much better on climate change--they like to give it 
> lip service and put band-aids where they can, but that is about it. They have 
> already given massive corporate welfare to the extraction industries (they 
> are not trying to eliminate them, nor are they proposing funding for 
> sustainable energy). They agree with Biden that answer to the healthcare 
> crisis is to tweak Obamacare. I could go on, but for brevity's sake will not.
> 
> 
> But here is what really gets me: The US is in the middle of a great 
> depression and yet the stock market is fine and healthy. The Dow is up at 
> 25,745 as I write this. Not record territory, but close. I think there are 
> two reasons for this. The first is all the tax payer funded corporate bailout 
> money coming their way which allows them to keep all the stock buy backs in 
> place, thus raising dividends and/or share price. Or conversely, protecting 
> them from having to reissue buy back shares to stay afloat while waiting out 
> the pandemic. This kind of bail out makes corporate exchange a risk free 
> affair. The second is they see all the independent businesses failing. This 
> is going to open some new market share. We know what that means for the Davos 
> crowd--Growth is still possible! You and I have discussed at length what will 
> happen if the one percent still sees the possibility for growth. I fear that 
> neoliberalism is going to be around for a while longer, and the Biden 
> administration and dem
> ocratic congress will fully support it. It is possible that the glowing 
> future of corporate hegemony that the stock market currently reflects may be 
> a pipe dream, and I hope that is true. If so, maybe there is a chance 
> something new could emerge.
> 
> 
> 
> 
> 
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