The Bondholder’s Democracy

Zack Breslin
12 min readOct 21, 2022
Image from Wikipedia Commons

Like a posse of deranged clowns stubbornly clinging to some lead balloons in the Mariana trench, the Conservative Party remains ever committed to its unrelenting quest to hit rock bottom. Somehow, the perpetual political crisis that has gripped the United Kingdom since its ill-fated Brexit vote keeps getting ever more absurd.

The latest installment of the hit comedy series “Taking Back Control” has included such gags as MP’s being “bullied and manhandled” by ministers, the appointment as Home Secretary of a man who until recently lived a double life under an assumed name, a prominent newsreader calling a government minister a c*nt, reports that “Tory MP’s went to bed crying” and, finally, the Prime Minister losing an endurance contest to a lettuce and resigning from office.

That all this occurred in less than 24 hours should remind us that while “a week is a long time in politics”, in the accelerating doom loop within which Britain is ensnared so too is a night. Already this year, the UK has had two different monarchs, three Home Secretaries, four Chancellors of the Exchequer, and soon to be three Prime Ministers. It says a lot about the chaotic nature of governance in Britain that perhaps the most unexpected departure of all was that of the ailing 96 year old Queen Elizabeth II.

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