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by vintermann 15 days ago
The opposition in the US doesn't believe in anything except "stability". That means they'll probably keep most actual Trump administration policies. Probably even the war on Iran, though they might stop pretending to call it off every weekend.
1 comments
vintermann 15 days ago
To people who think I'm cynical (and are presumably downvoting), I present this nice example which just turned up: "Kirsten Gillibrand wants to save crypto - but Trump windfall is a political obstacle"

https://theintercept.com/2026/07/13/gillibrand-crypto-trump-...

I am not exaggerating.

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bryanlarsen 15 days ago
The problem with Democrats is that they believe in too many things, not that they believe in only stability.

You can find a Democrat on both sides of every issue. It's a big tent party, and houses a lot of oddballs.

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vintermann 14 days ago
The ones with power, like Gillibrand, are not "oddballs". They must be seen as exponents of the central idea of the party, which is basically just stable interest on capital. They might once have opposed the allocation of capital into crypto, but if capital is invested in crypto now, then crypto must be defended. Marx's quip about the Tories in England feels appropriate:

"The Tories in England long imagined that they were enthusiastic about monarchy, the church and the beauties of the old English Constitution, until the day of danger wrung from them the confession that they are enthusiastic only about ground rent."

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