We are now in a special kind of time. “Revolution time”. “History time”. “Disruption time”. Whatever you want to call it.
Every day, huge events are happening. Things that seemed impossible now are a matter of course. Right now I’m watching a speech from the president of Serbia attacking the EU and throwing himself onto the arms of China. Senator Tom Cotton (R-Fox news) is proposing a much stronger (and equitable) response to the crisis than Nancy Pelosi. The Fed just took most of the 2009 playbook and deployed it in one big go yesterday.
In History Time, the rules are different. Opportunities arise. And the knives come out. For example: Right now the US airline history is asking for a $50 billion bailout because they “have no cash”. They just spent the last decade spending their cash on stock buybacks. Stock buybacks used to be illegal.
We have to be aware of the disaster profiteers. Not the small time chumps selling Purell at markup from their garages. I mean the titans of industry that will grab as much free money as they can.
In History Time, ideas that used to be laughable are now on the table. After 9/11, the FBI took out their wishlist from a filing cabinet, bound it up on one bundle, called it the Patriot Act, and dared congress not to pass it. After the 08 crash, banks started even more mergers and paid their executives even more money, and dared congress to stop them.
Now it’s History Time again. Will we cede the field to the white collar criminals? Or will we step up with our suddenly reasonable demands? Remember, right now Tom Cotton is to the left of Nancy Pelosi on the crisis response. Anything is possible.
(How do we do it? As a first step: Start organizing your literal neighborhood. As a second step: join a local political group that has dues-paying membership and democratic control by its members. As a third: let me think about it and get back to you)