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Paul Mason

@paulmasonnews

Aug 30, 2020 • 7 tweets • 3 min read • Read on X

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It's important to recognise what's new in the Trump/far right convergence around the Portland/Kenosha events. 1/ We've moved from isolated far right shooters to routine weapons carrying by the far right and now to open kinetic vigilantism... newstatesman.com/world/north-am…

2/ Both in Kenosha and Portland, social media call outs resulted in far right counter protests to peaceful and legitimate anti-racism. This is Trump's strategy - and you don't need a conspiracy theory to see the overlap between the aims newstatesman.com/world/north-am…

3/ The strategic goal is to defeat Trump at the polls; it's not about calling off protests, it's about the left in the Democratic Party showing leadership and connecting with them to do the maximum to stop Trump dictating the tempo/framing of the crisis...
newstatesman.com/world/north-am…

4/ Trump has strategists who don't care about democracy; the Dems have pollsters and spin doctors as if this is about some reasoned argument. The swing states could be hit with provocations before polling day, and voter suppression will wear a bandana, Kevlar and a QAnon t-shirt

5/ The #TrumpViolence hashtag is a good first response to the new situation, but he won't be beaten with lawyers and some decent videos... it's going to need a massive GOTV campaign and civil resistance to any attempt at a presidential coup...

6/ The core of a resistance movement - to force Trump to accept any Biden victory - has to be strike action. The cops and Fox News can't pick the apples, clean the hotel rooms, unload the ships - and the transition is long enough for strikes to mean something...

7/ Meanwhile what's happening with the deification of Kyle Rittenhouse is akin to the creation of a living Horst Wessel. Not even in Weimar Germany did the right and far right collaborate like this newstatesman.com/world/north-am…

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Paul Mason

@paulmasonnews

May 12

In the name of public service, and as ex-economics editor of BBC Newsnight, I offer to do a zoom call, tonight, with any Labour MP who wants to understand why bond markets do not "fall into line" with governments. 1/

2/ Because pension funds have moved from defined benefits to payouts dependent on the stock market, they don't need to hold so much government debt (orange bit) ...a third is now held by foreign banks (blue bit) ... the red bit by the Bank of England...

3/ And because HMT favours issuing long-dated bonds, and because the UK suffers unique stresses due to decades of privatisation, ill health and ageing, (and Truss), our borrowing costs are an outlier...

Read 8 tweets

Paul Mason

@paulmasonnews

May 12

I understand MPs' frustration with @Keir_Starmer speech, on top of election losses, but please look rationally at the risks we are running. Here's a visual guide... let me talk through it...🧵1/~

2/ In the left column are all potential options from MPs' discontent with Starmer. I am discontented too, and want more radical policies... I doubt a Streeting challenge would rattle the markets badly - though it risks doing so simply from the law of unintended consequences...

3/ Any soft-left/Burnham challenge that did not have its programme fiscally watertight risks setting off the whole cascade in this chart *even before it succeeds*...

Read 11 tweets

Paul Mason

@paulmasonnews

May 8

I don't want Keir to resign - nor do I want him to set a timetable for resigning - I want the Labour Party to diagnose its own problems and the wider fragmenting political landscape and face facts: working class people are in a zero sum game and we need to be on their side ... 1/

2/ This is not the end of UK social democracy but it has to build a broader coalition to resist the extremism of the right and the new Islamist sectarianism. Calling them what they are would be a start!

3/ the essential formula has to be left on the economy, traditional on defence, crime and foreign policy. I stood for selection 3x on those politics and was twice blocked by the "process" ...

Read 7 tweets

Paul Mason

@paulmasonnews

Mar 22

Four moves just happened in the US-Iran battle: Trump leaks peace conditions; Iran makes extreme counter-demands; Trump threatens to destroy energy plants; Iran threatens to destroy Gulf desalination plants... this is "escalate to de-escalate"... 1/

2/ analysis: First off, Trump is explicitly threatening a war crime; the UK should have no part in that. Iran's threat is also criminal. Second - Israel seems absent from the exchange. Third: Iran's maximalist demands are actually a plea for inclusion in a rules based order -

3/ If either escalation threat were carried out we would see an epic refugee and humanitarian crisis: Southern Caucasus, Iraq, Türkiye,Turkmenistan all vulnerable

Read 6 tweets

Paul Mason

@paulmasonnews

Mar 2

The British government is not "confused" or unclear - it's been crystal clear it did not take part in the US/Israeli attack on Iran because there is no legal basis to do so; in addition its aims are ill defined... 1/ so Labour MPs need to get real...

2/ We're under political attack from a Tory party that would have willingly breached the UN Charter. We're sticking by the Charter - everything we've done so far is lawful under Article 51...

3/ We're also under attack from the Greens who want to leave NATO, & Plaid and the SNP who want to dismember the United Kingdom. You were elected as social democrats, act like one: get behind the government and deliver a massive majority for strong, lawful conduct during this war

Read 6 tweets

Paul Mason

@paulmasonnews

Feb 8

As Morgan McSweeney resigns - here's some basic politics for any member of the Labour Party: 1/ We cannot have a leadership contest now. Why? Because the bond market is a "daily referendum on UK political stability"...the right wing press baying for Keir to resign know this ...

2/ The rat pack of podcasters and YouTubers will have a field day stoking up chaos... a doom loop of bad headlines and soaring bond yields. Therefore Keir Starmer has to remain PM. Let's have a clear report from the ISC - and it should not be difficult to get to the point...

3/ ... did the DV process throw up any problems with Mandelson? Did the security services warn anyone? Once we have that information there is a story to tell about what went wrong ...

Read 8 tweets

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