Russ Jones Profile picture
Aug 30 6 tweets 2 min read
It's perhaps hard for those who don't remember the 80s to understand the constant nuclear dread. It often felt like total annihilation was days away.

#Gorbachev was a beacon of hope and light. Imperfect? Certainly. But he took the world away from the brink.
My childhood (70s and 80s) was wall-to-wall existential dread. Cartoons telling you how to survive a nuclear blast (ha!). Leaflets explaining what to do with your family's corpses. Lessons in how to construct a fallout shelter from your school desk. Terrifying news and TV drama.
All of that evaporated when Gorbachev arrived. He wasn't like the previous Soviet leaders - he seemed warm, cuddly, human (and humane). And he had the courage to stare down his own generals, and reach out to the West. The terror subsided, and proliferation ended.
It wasn't entirely his egalitarianism. Cold war armament had brought the USSR to its knees. But another leader might have bunkered down and grimly fought on. He didn't: he looked for rapprochement internationally and openness - glasnost - domestically.
He made lots of mistakes. It was a hard road to travel down, certainly (politically) harder than clinging on to the old, failed certainties. And his downfall was inglorious, as the USSR collapsed into a corrupt oligarchy. But I still had huge admiration for him.
The current threat - climate change - is just as severe as the nuclear one, but slower, insidious, and solutions are endlessly kicked down the road.

We need a new Gorbachev. A new statesman with the skills and courage (and, let's face it, desperation) to take the bold steps.

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More from @RussInCheshire

Aug 31
A crisis - and boy oh boy, do we have a crisis - is the perfect time to change everything.

Obviously there's the urgent immediate issue to deal with, but unless you're very stupid (I'll come back to that) you'd take the opportunity to fix underlying problems too.
Our govt is very stupid.

Their solution is: more of the same. Tax cuts will fix it. The market will fix it. Deregulation will fix it. And centrally-directed plans are "interfering with the market" and cause chaos.

We've had 40 years of that. Look where we are.
George Osborne promised his corporate tax cuts and shrinking the state would revitalise the nation, create growth and raise wages. He did it every year from 2010 to 2016.

And every year from 2010 to 2016 he cut his growth forecasts, wages fell, and the nation slid into despond.
Read 27 tweets
Aug 30
I call this: "My great big thread of all the times in Lord of the Rings that somebody falls off something, and is absolutely fine".

Do I need to say "spoilers"?

Spoilers.

(sometimes they're not absolutely fine)
THE FELLOWSHIP OF THE RING

We are but seconds into the movie, and seemingly just as a warm-up exercise about 100 orcs fall unnecessarily off a cliff.

Are they fine? Who knows? But given what's coming, it wouldn't shock me. ImageImageImageImage
Moving on: Gandalf (who is around 2,000 years old, but seemingly has the bone density of a granite elephant) is pinned to a wall, dropped 60 feet, forced to do some impromptu breakdancing, and then hurled into an anti-gravity un-fall 1000 feet up into the air.

He's fine. ImageImageImageImage
Read 28 tweets
Aug 30
I really want to re-join the EU. Brexit has been a disaster, and it will continue to be a disaster for years to come.

But here's why I think it's absolutely right for Labour to shut up about it right now.
First, domestic politics.

Tories won in 2019 cos they created an artificial coalition of voters with WILDLY different agendas.

All of them wanted Brexit to deliver their wishes. It didn't. It won't. It can't. But that coalition can be reunited around Brexit lies again.
That Brexit coalition was:

- small-state libertarians (Rees-Mogg)
- xenophobes (Farage)
- nationalisation fans (Mick Lynch)
- and millions just wanting something - ANYTHING - to change in lives hollowed out by Tory austerity. In other words: more tax and spend.
Read 13 tweets
Aug 29
How shit are estate agents? 🧵

My mum's in a care home, her money has run out, so (acting with power of attorney) I had to sell her home. I put the sale in the hands of a MAJOR (rhymes with "FridgeFords") agent, and gave them my mum's keys so they could show buyers around.
A few weeks later they called to ask if I had keys. They'd lost them. So I gave them my own key to the front door.

Then they called asking for the code to my mum's keysafe - they didn't have keys handy, and needed to show someone around.
Then they called to ask if I had a back door key, so I gave them that.

Meanwhile they'd also had both sets of keys my brother held. That's my mum's, those in the safe, mine, and both held by my brother.

We got an offer on the house, and due to exchange on Friday. But ...
Read 7 tweets
Aug 28
The Robin Hood Tax (Financial Transactions Tax) is a proposed tax on stock market transactions.

A tax of just 0.05% would raise £4.7 billion.

A 1% tax would raise £94 billion.

It only hits people trading stocks, 90% of whom are in the richest 1%.
It would also eliminate automated "bot trading" that leads to financially volatile markets - incredibly short term trades, lasting seconds, working in minute margins. These account for 80% of trades, and the practice has caused (or exacerbated) multiple crashes since the 90s.
If you tax at even 0.05%, those tiny margins that the bots look for will become unviable - but the company being traded feels no effect. It simply reduces the worst aspects of short-termism and the exploitation of volatility.

If you're trading long term, you're unaffected.
Read 7 tweets
Aug 25
(I think) the Tories are heading for a decade of strife and internecine warfare, worse than the period after Thatcher. And I think - although this is pretty speculative - that it could lead to a complete split between the two wings.🧵

Here's why
The Tories seemed powerful under Johnson, but that's cos he used an infinitely vague fantasy of something called "Brexit" to unify a coalition with vastly differing political views.

That coalition is now collapsing. The impulse that kept them together is gone.
Johnson brought together the xenophobic right, ideological anti-EU voters, small-state Tories... but also "low-information" floating voters who wanted MORE tax and spend in their ignored regions. A bigger state, not the small state Tories want.

At it's heart: a conflict.
Read 25 tweets

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