Un-New Labour & the tea party
UK Labour booked a long date with opposition last night; the union movement pressed red-ed Miliband – the son of Marxist Ralph Miliband – to the leadership of their party. There is a risk that the various nationalistic-populist movements will mutate into a Smoot-Hawley policy error.
My conjecture is that the various movements reveal a little about the soul of their nations. The US tea party movement is unique — it is a small governement individual freedom movement. These core values are the key to US exceptionalism, and the reason I think the USA will fully recover from the financial crisis.