The Big Short (and a little short digression on Brexit)

Reading the book, and watching the film. Focusing more on the book, for there the characters are real, not fictionalised.

There’s something about the financial crash that grabs you. Now almost ten years ago, a mortgage securities crisis for heaven’s sake, we think this is someone else’s bed, but we’re all tucked in, and we’re all sucked in. There are big personalities, outsiders, outlaws almost, and big banks, and tanking economies. Michael Lewis makes a brilliant job telling the story, dissecting and explaining. I am now a little wiser, but not out of the wood.

We didn’t know it was happening. Quoting Michael Lewis:

The monster was exploding. Yet on the streets on Manhattan there was no sign that anything important had just happened. The fire that would affect all their lives was hidden from their view. That was the problem with money. What people did with it had consequences, but they were so remote from the original action that the mind never connected the one with the other.

Will Brexit just somehow slide into place, we’ll be a little bit poorer, but hardly notice, or a whole lot poorer, but we won’t notice because there won’t be too many crises on route, it won’t be harum-scarum? ‘(People) were so remote from the original action that the mind never connected the one with the other.’ Or maybe we will notice – maybe the crises will be more immediate, urgent, and hit our pockets in very direct and noticeable and politically-accountable way.

Playing with risk, at other people’s expense. Or in the case of Brexit, at a nation’s expense.

Compare Wall Street:.

Salomon Brothers transferred the ultimate risk from themselves to their shareholders. …from that moment, the Wall Street firm became a black box. The shareholders who financed the risk had no real understanding of what the risk takers where doing and, as the risk taking grew ever more complex, their understanding diminished…. The moment Salomon Brothers demonstrated the potential gains to be had from turning an investment bank into a public corporation and leveraging the balance sheet with exotic risks, the pyschological foundations of Wall Street shifted, from trust to blind faith.

Here, in the UK, we are the shareholders. (Sounds dangerously like Brexit speak!)

Back to the book…

The Big Short book brings you face to face with the detail, and it’s a mighty challenge to follow at times, when CDSs get gathered together into CDOs, and CDOs are packaged together, and sometimes different CDOs are packaged into new CDOs, and the old CDOs show up in the new CDOs as if they were in for the first-time. They were going round in circles, and if anyone cared they didn’t care enough to dig down and find out what was really going on – the money coming in was just too good, on a vast and pretty much unfathomable scale.

(CDO – collateralized debt obligations, CDSs – credit default swaps.)

So much investment bank activity is feeding frenzy. Maybe there’s no longer the same level of skulduggery. But there is the endless and needless creation of new financial products, and new ways to bet, to short, to take options…

Making money out of money, other people’s money, is still the golden road…

Troubadours for our time

Leonard Cohen and Victor Jara 

Troubadour, two definitions : 1) medieval lyric poet/musician; 2) a singer, especially of folk songs. (Merriam Webster) It’s the first definition I like.

The death of Leonard Cohen set me to thinking. Who might be the troubadours of our own time? Troubadours for our time?

I tried in an early version of this post to characterise Leonard Cohen as somehow in that medieval tradition. As a poet of love, even courtly love. He was inspired and tormented by his muse, and his audience connected and were inspired in turn. But I’m foolish to try and say more than that. The more I listen to his songs the more in awe I am. There’s a fine piece by Edward Doxx connecting Cohen to John Donne. It gets closer than I ever could. He quotes Cohen:  ‘So come, my friends, be not afraid/We are so lightly here/It is in love that we are made/in love we disappear.’

Cohen didn’t take up the cudgels against violence and injustice, as Dylan once did.  Nor did he understand ‘the other side’ quite as Woody Guthrie did: ‘As I went walking I saw a sign there/And on the sign it said “No Trespassing.”/But on the other side it didn’t say nothing,/That side was made for you and me.’

But he did write and sing ‘Democracy’, which lays bare a dysfunctional USA, but in the midst of it all just about finds reason for optimism. ‘It’s coming to America first,/the cradle of the best and of the worst./It’s here they got the range/and the machinery for change/and it’s here they got the spiritual thirst.’ 

Asked two years ago if songs can offer solutions to political problems, he replied, ‘I think the song itself is a kind of solution.’

Dylan back in the 60s confronted the ‘masters of war’ and racists: ‘William Zanzinger killed poor Hattie Carroll,/with a gun that he twirled around his diamond ring finger.’ There was a rawness about Dylan back then, just voice and guitar and a language we’d never heard. There’s something about a troubadour who carries his guitar and gathers an audience around him wherever he might be. (Once or twice I did just that!) No band in sight.

Dylan put overt protest behind him, took on another persona,  many personas – but he’s still the troubadour.

As for others …..Buffy Sainte-Marie has long been a favourite of mine. ‘Welcome welcome emigrante,’ words for our own time as much as hers. Pete Seeger and Euan MacColl were at the political coal-face: amazingly MacColl also wrote ‘The first time ever I saw your face’. Joan Baez has never lost her touch or her commitment, or her ability to inspire. She was the first for me, back over fifty years ago.

Bruce Springsteen, a man with a guitar, and a rock band. A different kind of troubadour. As for Steve Earle, ‘hardcore troubadour’, Springsteen may have been the ‘consummate chronicler of welfare-line blues, but Steve had lived the life’. (Lauren St John).

There’s another , who I’ve just re-discovered, playing my old vinyls. Someone who maybe I should have put first, ahead even of Cohen, Guthrie, Dylan. I’m thinking of Victor Jara, a Chilean troubadour who died for his songs, his poetry, his guitar, his beliefs, his hands first broken, and then murdered in the stadium in Santiago on 1973, when Pinochet with CIA backing overthrew the Allende regime. His songs have a purity and a magic, and a simple beauty, and they stop me in my tracks.

Yes, my guitar is a worker/shining and smelling of spring/my guitar is not for killers/greedy for money and power/but for the people who labour/so that the future may flower. (His last poem, which could never be a song, written in the stadium.)

The Beatles could have been troubadours, if they’d followed the direction taken by Penny Lane and Eleanor Rigby. Ralph McTell (Streets of London) was memorable, though sentimental. Billy Bragg never sentimental, stridently political, a street singer. But in truth he never inspired me. One song that did was Peter Gabriel’s lament for Steve Biko, which is searing, searching, and angry.

Edith Piaf, Charles Aznavour, Yves Montand… chanteurs/chanteuses, troubadours. There’s a Gallic intensity we Brits and Americans find hard to match. They’ve inspired me, but they’re not my focus here.

For I’ve a question. For anyone who reads this, for my children, for generations born in the 1970s, 80s, 90s, even the noughties.

Who are your troubadours?

Singers and poets for whom words matter, for whom stories matter, for whom love matters, and above all – injustice. Who sing to be heard, and to be understood. Who sing with passion and with anger.

Back in the 60s the civil rights movement galvanised us, in the UK as well as the USA. Apartheid likewise. We’d a sense that history was on our side, justice and social justice would prevail. Now, in 2016, post Brexit and the Trump election we’re on the defensive. Nativist, racist and sexist attitudes find favour. Trump somehow finds the rule of law and torture compatible.

(Trump and torture reminded me of Victor Jara. Pinochet’s soldiers thought torture and death legitimate. Once hatred in engendered anything is possible.)

Who is singing for us, writing songs, wanting to be heard? Who will be singing?

Maybe we’ve been listening to the music too much in recent decades, and we’ve forgotten the song.

Taking politics out of zenpolitics …

Back before I took ten days out from the world I wondered about the future of my zenpolitics blog. ‘Politics and creativity, blogs and poetry are uneasy bedfellows….There has to be something obsessive about a political blog, and I may want to put obsession behind me.’

Which, indeed, I do.

Trump happened while I was away. Here in the UK, judges insisted that the government couldn’t invoke Article 50 without first putting it before parliament. Theresa May had an embarrassing trip to India. She looked out of her depth. I could but don’t want to comment on all this. I’ve spent years doing so, and especially in this Brexit year. But with so much going on it’s almost a full-time job just to keep up to speed. Let alone comment.

We are in a time of crisis. Zenpolitics has always assumed a continuing broadly liberal agenda in Western politics, and that’s now very much under threat. If, as the Economist argues, Trump’s success is replicated in Europe, ‘the EU may eventually tilt toward a common assembly for mutually beneficial transactions rather than a club of like-minded countries with a sense of shared destiny’.

I will continue to argue for that shared destiny.  But to look out for insights and inspiration, and anomalies, and avoid day-to-day combat. Insights into politics, but also I hope into landscapes, real and imaginary, and travel.

I will as always aim to understand the other’s point of view. But there are a good few bastards out there, not to put too fine a point on it.

So I will sometimes fail.

Back to the world after ten days of silence 

I posted the message below on Facebook last Sunday. I wanted to put my feelings down while they were raw. Time inevitably anaesthetises, and I didn’t want to lose the impact of those morning hours. 

I’ve been out of all communication on a silent retreat in Herefordshire for ten days. (Why – another story and not for now!) I knew I’d be missing the American election but I had confidence. This morning a message from my daughter, Rozi, apologising for all the dreadful things that had happened in the world in my absence from it, concerned I might want to head back to my retreat and never come out again. That’s when I realised, 7.30 Sunday morning, that Trump had won.

Returning to the world after so long and so quiet away is emotional anyway. The Herefordshire countryside, the Black Mountains a high ridge out to the west, and the mist still lying in frosty fields, music on the radio… I was coping, just.

Back in Cranham – I learnt that Leonard Cohen has died. And that finally did bring out the tears.

I first sang Suzanne in a folk club in Oxford maybe fifty years ago, and I sang it again at an open mic evening just two week ago in Cranham. A few weeks before I’d sung That’s no way to say goodbye … And there was that wonderful radio programme recently about Marianne, and how they were in touch again shortly before she died.

‘It’s a cold and it’s a broken Hallelujah,’ in Cohen’s own words.

I and my generation have lost a hero. And there are new villains to fight. But there’s a new generation taking up the good fight and, thank God, my own children are out there among them.

Time to chill out?

Tomorrow I’m heading off to Herefordshire for ten days’ vipassana (insight) meditation. Up in the very small hours and no contact with the outside world, and silent throughout. I will put all politics behind me. I will have no way of knowing the American election result until five days after the result is announced. Much as the result concerns me I will be better for it. Clinton or Trump, the world will take what direction it will. Likewise Brexit. I in my small corner will re-engage when the time comes, just to be part of the process.

But continue with my blog? Time to let the world loose, spare the world – and myself – my take on it? Who listens, who reads? All along, over seven years, I’ve tried to put over my own considered view. To understand the world from a (sort of!) Zen perspective, but at the same time to engage.

Some of us may choose to stand apart, others to engage. Both are equally valid. As I put it when I stared this blog seven years ago I wanted to [take] the trash and the hyperbole out of politics and [try] to look at people and issues in a way that’s detached from emotion and as they really are. Can be very hard to find these days. Zen is living in the moment and not somewhere else past or future….

The downside? Blogs take over. You organise your moment-by-moment, hour-by-hour thinking in terms of how it might appear in a blog. It’s harder to skim, to browse, to just absorb what you read or hear.

Worse, blogs and creativity, blogs and poetry are uneasy bedfellows. There’s a randomness, an complete unexectedness, something of the suck-it-and-see about poetry. You’ve a starting-point and a sense of direction. And no idea of an ending

With a blog it’s all about argument and conclusion. Though occasionally, as in my last All Hallows post, a little bit of creativity creeps in.

So will I return to this blog when I’m back from my time-out?

There has to be something obsessive about a political blog, and I may want to put obsession behind me. To walk and run and sing and play my guitar; to meditate and dream, to create; to give practical help to a charity, a church, even a political party. To go with the flow of the world, rather than try and arrest it – try and put it down in print and words.

We shall see. Maybe I’ll start Zentravel blog, and the Tao, the Camino, the way, will be my inspiration. Maybe Zenpolitics will become occasional, and less politicised. More chilled.

Do come back and take a look sometime

 

 

 

 

Comedy rules – two great American novels 

We were in my last blog on the road in America, fifty years ago, give or take.

It put me in the mood for more America. Better wild and offbeat, I thought, rather than Frantzen-style intensive scrutiny. So having read the blurb I picked up Paul Beatty’s new novel, The Sellout, and read it just a week before it won the Man Booker prize last Tuesday. And that put me in the mood for a novel written almost fifty years ago, John Kennedy Toole’s A Confederacy of Dunces.

We’re in New Orleans, well away from all the California fun and games. Toole creates one of the great comic heroes, Ignatius J Reilly. A medievalist by education and inclination, preferring his own room and company, yet forced to work he creates chaos in the sales office of Levy Pants, and confusion in the streets as a hot-dog salesman. He is wonderfully quotable.

Optimism nauseates me. It is perverse. Since man’s fall his proper position in the universe has been one of misery.’ Advising us to avoid all of history apart from the early medieval he recommends that ‘for the contemporary period , you should study some selected comic books’. Strangely prophetic. ‘I suspect that I am the result of a particularly weak conception on the part of my father. His sperm was probably emitted in a rather offhand manner.’

Ignatius’s New Orleans is a place I’d want to visit: I was there in 1971, and might have met him, had he existed… but I listened to jazz and didn’t scratch below the surface.

Likewise Dickens, the LA ghetto brought back to life in Paul Beatty’s novel. Dickens had somehow dropped off the map. Along with segregation – blacks shutting out whites – Beatty’s hero and narrator wants to put it back. He also unwittingly takes on Hominy, a one-time child actor who insists on being his slave. So as a black man he’s taken before the courts, on charges of slavery and segregation, and the novel begins and ends with the case brought before the Supreme Court. Black comedy in every sense, but such is Beatty’s commitment to irreverence that he absolutely gets way with it.

Unlike Jonathan Frantzen’s families, who I wouldn’t want to meet, I’d love to have got acquainted with Toole’s and Beatty’s characters in real life. Though maybe not more than acquainted….

And now we have Donald Trump acting out one of the great American comedy turns. Only it’s not comedy. Would he was a novel, and we could laugh.

America shares its life with us. We could be put off but we know, or we should know, that our own lives in our own countries are just as absurd, just as lost and lonely, mixed-up, angry, funny, devoted, passionate. So two cheers for America. If only we could slip in there, past the miserable souls who staff the airport arrival halls – and wearing ear mufflers which let in the roar of both the big city and the prairie winds but shut out the news networks which blight every bar and home.

Something for Google to look into. I don’t want a Google glass which enhances my experience. Rather mufflers that screen out …

On the road 

Afoot and light-hearted I take to the open road,/Healthy, free, the world before me,  /The long brown path before me leading wherever I choose.              Walt Whitman, Song of the Open Road

Whitman walked, we’re driving. We’re in the USA. A far cry from the Camino. And yet….

We’ve not planned our journey, we don’t have expectations, there isn’t a goal. There’s no history along the way, the road is open, everyone and no-one has trodden this route before us. Encounters with God are accidental not planned. We don’t walk or shuffle, we drive. Our minds picks up the blisters, wheels the wear and tear, not our feet.

We travel in a straight line, travelling west, heading for the sierras and the ocean. America travels in straight lines. Or back east. Start in New York, or California. Route 1 or Route 66, or the Pacific Coast Highway. Keep travelling.

The hobo, riding the blinds… rootless … looking for work: ‘I’ve been doing some hard travellin’, as Woody Guthrie sang.

The Beats by contrast had it easy. Kerouac was out of Columbia University. But like the hobos they were footloose, in mind and body. Searching for God, as Kerouac put it, not work.

Heirs of Whitman, and Emerson, and Thoreau. Even John Muir, though the Beats travelled the road not the wilderness.

They’d escaped the impact of war, the road network arrowed across America, an invitation, the cars that travelled it were streamlined. How lucky and how unlucky they were. War and its aftermath were three thousand miles away, too young to fight or worry, they didn’t have to agonise over combat or parade a political conscience. They were beyond their upbringing… drugs and sex came easily. And jazz. California Zen was a convenient religion – Dharma Bums as well as On the Road.

The Midwest and California have their own dreams and myths. The Beats were originally out of New York, but found California. California lifestyle reinterprets America. Putting up a different dream against New York. Not a Hollywood dream. Precursors to hippies, but they didn’t seek to change the world – not just yet. Challenge because they couldn’t help it – witness the obscenity trials – but not change it. America was their head space, not a place beyond.

They could be measured, a little bit lyrical:

‘Nothing behind me, everything ahead of me, as is ever so on the road.’ (Kerouac, On The Road)

And out of their minds:

‘I saw the best minds of my generation destroyed by madness, starving hysterical naked,/dragging themselves through the negro streets at dawn looking for an angry fix,…./who passed through universities with radiant cool eyes hallucinating Arkansas and Blake-light tragedy among the scholars of war,/who were expelled from the academies for crazy & publishing obscene odes on the windows of the skull….(Howl, Ginsberg)

And as for me…

It’s 1971 – I’m on the open road, on the Beat trail, starting in New York, ending in California. A road journey, yes, but no automobile of my own. And I’m not hitch-hiking. Taking Greyhound buses city to city. The bus has its own iconography. Bus stations, hostels, camping out with friends in New Jersey, Toronto, Atlanta, Colorado, San Francisco, San Diego. Sleeping rough in Chattanooga. I couldn’t listen to music – but I could read. So Whitman and his streams of consciousness my companion. And Albert Marcuse. Mine was a counter-culture. I might teach history on California, but I wasn’t planning to sully myself with any other work along the way. No encounters with God, but charity from a Baptist preacher who paid for my breakfast and invited me to lunch with his family – but first I must attend his Sunday morning service, and hear him preach.

The long road north out of Texas, straight and parched and empty. Colorado I sensed was still Indian country. San Diego: we were all still hippies at heart. Barefoot and beaten by the sun. I could have tried surfing but instead I headed south, took to the road again, to Mexico. But the Mexicans wouldn’t let me in. Hair too long. Strange irony. They weren’t sure they wanted me back in America either. They cut back my visa to one month. I returned to Mexicali my hair shorn and my ears, unaccustomed to the sun, grew burnt and blistered, as I headed south to Oaxaca, the Yucatan and Chichen Itza.

Did the road came first, or the need to travel it? The road without destination, always going somewhere. Road movies aren’t about physical, but personal destinations. About setting out and avoiding arriving. Not seeking self-knowledge …but maybe achieving it. Though not knowing what to do with it.

My trip was my own road movie, before they invented the genre.

The road’s just one agenda for America. America has multiple agendas, it’s own powerful myths and images, but they have a kind of surface quality. Still a dream. Europe has multi-thousand years of history interwoven into its structures, artefacts and traditions. They root us, define us, hold us back and lift us up – America isn’t tied down – it looks for, loses, its way, finds it again.

James Dean on the one hand, Howl on the other. Drugs, sex, Zen … they are unto themselves, not adjuncts of another culture, a music, a street culture.

I’ve avoided the noise and anger and foolery of America for a while. But I’ll go back. Maybe because there’s no place for complacency – and no place for rebellion – quite like it. It has open spaces, and straight roads, and you can still be alone there. And the skies are big. And there are millions there like me. Chugging along, rebels at heart.

And who is working class these days?

Working class – who is working class these days? The numbers of Americans defining themselves as middle class are in decline: 48% now consider themselves lower or working class. There are similar shifting sentiments in the UK.

And where do the old values of social liberalism (for a definition of social liberalism see * below) and social justice fit within this changing spectrum?

In both the USA and UK a new identity (nation, race, interest group) politics is taking hold. At the expense of both a more liberal outlook, and ‘the more conservative Labourism that might still stand the best chance in small-town England’. (David Marquand)

Taking Labour first, what the old Left hasn’t accepted is that the working-class solidarity of old, which has inspired the Labour movement for 150 years, is gone forever. And that could include Marquand’s ‘more conservative Labourism’. Left-intellectual radicalism and working-class aspirations no longer gell as once they did. Grinding poverty is no more, the old Marxist underpinning likewise, and there’s an alienation, a boredom and increasingly an hostility toward the political process.

And intellectuals, never too popular in the UK, are out of fashion as never before.

The popular instinct, as the Brexit result revealed, is to hold on to what we have. Immigration, globalisation, new technologies, the old politics, all are suspect. There’s support for renationalising the railways, but not for wider state intervention.

Maybe the Corbynite left will convince us otherwise, but I think they’re simply out of tune with the popular will.

So too social liberals – they’re also out of tune with broad sections of the population, who only see government indifference to unwanted changes in their lives – housing shortages, pressures on services, regional development, immigration.

It’s addressing these issues, rather than an overtly radical political prospectus, that will win people back to a liberal agenda.

Likewise, this should be Labour’s policy focus. Radical at heart, but pragmatic in practice. Unless you’re happy in the wilderness.

*Wikipedia has a helpful definition of social liberalism: Social liberalism is a political ideology that seeks to find a balance between individual liberty and social justice. Like classical liberalism, social liberalism endorses a market economy and the expansion of civil and political rights and liberties, but differs in that it believes the legitimate role of the government includes addressing economic and social issues such as poverty, health care, and education. Under social liberalism, the good of the community is viewed as harmonious with the freedom of the individual. Social liberal policies have been widely adopted in much of the capitalist world, particularly following World War II. Social liberal ideas and parties tend to be considered centrist or centre-left.

1968 and all that

There’s a perverse pleasure in wading through reviews of books and articles on subjects I know nothing about and may never encounter again. On occasion something hits home. One example: Terry Eagleton in the special Cheltenham Festival Times Literary Supplement edition, on everyone’s favourite subject, post-structuralism:

‘In its curious blend of scepticism and euphoria post-structuralism is a form of libertarian pessimism – one which dreams of a world free from the constraints of norms and institutions, but which is not so incorrigibly naïve as to believe it could ever come about.’  

I could dine out on that one!

‘The revolutionary elan of 1968’ was followed by ‘the disenchanted mood of its political aftermath’. I remember 1968. Too well.

It’s a pattern oft-repeated. More recently we’ve had the frustrations of the Obama years, when ‘yes we can’ didn’t quite happen. (Maybe it never will.) The aftermath of the 1989 and the fall of the Wall. Occupy and the now empty squares of New York and London. Above all the Arab Spring, and its brutal aftermath.

But we won’t and can’t let our optimism die. I’m one of millions now and forever who believe in social justice, opportunity, capability, compassion. We rejoice when we see progress, we’re despondent when we see it pushed back. But we don’t despair.

We don’t of course always agree with each other. Do we work with the system, or oppose it – and by what means? The divide between global and anti-global perspectives is vast. Many (not all) proponents of big government and small government have the same end in view but believe in radically different ways of getting there.

I supported and support Obama, always believed Occupy wasn’t sustainable … Bernie Sanders I admire, Corbyn I don’t. We will bicker and insult and traduce the motives of others, while still aspiring to the same humanity.

And we will undermine each others’ efforts. Refuse to vote for Hillary. Battle it out for the soul and machinery of the Labour Party. And if we’re not careful – and we haven’t been of course – let another party in, a party which doesn’t define compassion and social justice quite as we do… which puts up barriers rather than engage with the world. Abandons institutions rather than seeks to reform them. Follows the populist piper, who advocates easy solutions, and plays to prejudice.

There are many good reasons for retiring to a monastery or a country cottage or sitting room and TV, and disengaging – and yet we hang in there. If we keep open minds, listen to each other, avoid scorn and hubris, remember that we’re ultimately on the same side – then we might just make progress.

‘The normal parameters’

“I am endorsing Hillary. And all her lies and all her empty promises. I am endorsing Hillary. The second worst thing that could happen to this country. But she’s way behind in second place, you know? She’s wrong about absolutely everything – but she’s wrong within normal parameters.”

We enjoyed PJ O’Rourke at the Cheltenham Literature Festival. Serious, yes, but with a sense of the absurd which gets to the heart of things. There’s no-one else like him. (He’s a great fan on Jon Stewart, on the other side of the political spectrum.)

Who else is out there beyond Trump, beyond the normal parameters? A serious party game – where protagonists just might come to blows.

Thinking of the UK.

Farage, or farrago, as my spellcheck would have it, of course: he like Trump claims to be within boundaries. He’s fooled a good few people. But closet racism, and recent support for Trump, place him firmly outside.

Corbyn, with his past support for elective dictatorships like the Chavez regime, and backing from trade unions who muddle the pursuit of workers’ rights with political agendas from another era – likewise.

Sections of the Tory party, the libertarian Davies and Fox wing, are on the parameter edge, and should never ever be near positions of powers, let alone dictating.

O’Rourke takes inspiration from Hayek, and avows a small government, minimal intervention agenda. That’s firmly within. We’ve been battling in the UK and USA between big and small government for decades – and that’s the way debate should be.

*

Read on for O’Rourke on Brexit.

He recounted interviews he did for an American public radio programme: he’d set out to understand why Brits voted for Brexit. He quoted a ‘financier’ who argued that the euro and probably the EU was going down the tube sooner rather than later, so best get out now. (To which the obvious reply is – we’ll be hit amidships anyway, and immeasurably better to be in there, influencing proceedings.)

And a more cogent argument – this is no longer the country we grew up in. The older generation’s lament. It isn’t the same country of course, and it’s the same for every generation. The sanity of representative democracy normally allows us trade-offs between young and old, and we move forward, an erratic progress maybe, but progress nonetheless. But not when you chuck a referendum into the mix.

Not a point that O’Rourke made, but a US presidential election has some of the characteristics of a referendum, in the sense of the media blitz and the half-truths, and this time the blatant untruths. But running in parallel are the Congressional elections. There’s balance in the US political system (which sure as hell isn’t perfect!), which brings politics back closer to the centre, where both sides have their say, and policy evolves out of a rough consensus – policies and programmes balancing out over time.

(At least, there was a balance, before Tea Party, and Cruz, and acolytes, and now Trump, came along.)

But referendums on their own – overriding representative, parliamentary democracy… that’s another story.

‘Normal parameters.’ Depart too far, allow prejudice and ideology to take centre stage, and the damage could be irreparable.