YouTube has the video Senator Elizabeth Warren at Banking Hearing on Consumer Finance Regulations.

Senator Elizabeth Warren’s Q&A at an April 5, 2016 Senate Banking Committee hearing titled, “Assessing the Effects of Consumer Finance Regulations.”

This one has to be here on my blog where it can be enshrined with a permanency that I can refer back to time, and time again.

This is the kind of massive corruption that we need to fight along with Senator Elizabeth Warren. I bet, if you hadn’t seen this video, you wouldn’t have believed that this kind of perfidy could go on in our US Senate. So Hillary wants us to believe that with a few new rules, that our regulators will protect us from the big banks on Wall Street. How much evidence do you need that there will be no regulation where it is needed most if another Clinton gets to be President?

How many times are you going to take a licking, and keep on ticking in the same way we have been for almost 40 years now?

New Economic Perspectives has this great post White-Collar Criminologists Answer the call of Conventional Macroeconomists: An Open Letter to Dr. Kartik Athreya, Research Director of the Richmond Fed.

My colleagues who are macroeconomists can then make orthodox macroeconomics far tougher by injecting a realistic understanding of money, accounting identities, budget, and real resource constraints in nations such as the United States that maintain sovereign currencies. Once more, my colleagues’ work demonstrates that “modern macro” (DSGE) is not “tough” – it is impossible. It incorporates fictions (in the guise of “discipline”) and excludes reality in a manner that makes it impossible to model economic crises and superior means of recovery. Incorporating these two sources of revolutionary analytical changes from real world micro and macro would create a real revolution in economic theory and allow a truly modern macroeconomics with predictive ability to arise, but neither source of change will make macroeconomics “easy.” It will, however, be a considerable advance to cease making macro impossible.

It is just amazing how Nobel Prize winning economists like Paul Krugman are so resistant to putting some realism in economics theory. They are already being swept away into the dust bin of history. The realists like William Black and his colleagues could burst through the barrier if we dump Hillary Clinton who depends on economists like Paul Krugman, and vote in Bernie Sanders who depends on economists like Bill Black’s colleague Stephanie Kelton.

Niko House has published on YouTube the video Proof Clinton PAC Is Paying Bernie Staffer.

The intent of this post is to link the spoken words in his videos to the contents of the links that he provides as proof. My purpose is not to approve or disapprove of what he says. I only want to make it easier for you to see the parts, do your own research, and form your own opinion.

From his link FEC Filing Pg 59. Shows 7,500 paid to Ashmead in January. REPORT OF RECEIPTS AND DISBURSEMENTS For Other Than An Authorized Committee. Priorities USA Action. This is the January 13, 2016 payment to The Ashmead Group.

Here is the February 4, 2016 payment to The Ashmead Group.

The images above are reports of the Priorities USA Action PAC payment to The Ashmead Group. Payments made to the third party by the Ashmead Group would not appear in these FEC reports. That is the whole point of using The Ashmead Group as an intermediary. It keeps the name of the ultimate recipient out of any federally mandated reports.

Diana Rogalle, President of The Ashmead group, is the one who could attest to who received payment from these disbursements to The Ashmead Group.

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Anybody who wants corroboration fo what Niko House reports in the video would merely have to go to Diana Rogalle, and ask her if she told Niko that these payments went to Ryan Hughes in the Bernie Sanders campaign. So what I am saying here is that what Niko has reported is merely his report. If you want to verify his report, he has provided all the information you need. I have no idea what would happen if you followed the trail he has given you. You, or someone else, will have to follow the trail and report back on what they found for this to be corroboration. Niko has provided all that is reasonable to ask of him for proving his assertions. All I can hope for my post here is that I added just a smidgen of clarity to what Niko said.

Here a the web page of Priorities USA.

We support Hillary Clinton for President because she will always stand strong for us when it comes to strengthening the middle class and their families so they can get ahead and stay ahead.

The Forward has the article The Key to Bernie Sanders’s Appeal Isn’t Socialism. It’s Yiddish Socialism.

In this brief moment, Sanders illustrated the central tenets of Yiddish Socialism, the dominant political and cultural current among the working-class Jews of Brooklyn where Sanders was born at the end of the Great Depression. In New York and elsewhere, Yiddish Socialists in the early 20th century founded and invigorated fraternal societies, newspapers, schools, athletic leagues, summer camps, theaters and, especially, unions. The immigrant generation were inspired by their experiences in the revolutionary movements in Russia, where intellectuals and militants from up to 100 ethnic groups learned to respect their own and one another’s cultures to be able to speak with and rally ordinary peasants and workers to fight the oppression of the Czarist State.

This article explains why my sensibilities and Bernie Sanders sensibilities line up so well.

In response to William Kilmer’s post, Jeffrey Robert Broido said “As an ethnic though non-observant, not believing Jew, I certainly agree.” I am in the same category as Jeffrey Robert Broido.

My grandfather came from Russia, read the Daily Forward in Yiddish, and was a socialist of the kind mentioned in the article. I didn’t come anywhere near understanding the socialism part of him as I was growing up, but I find myself coming nearer and nearer to his beliefs as I mature. The Jewish sensibility that is described in this article is the sensibility I grew up with and the sensibility that grows stronger as I better understand how the world works.

I have come a long way since the days when I voted for Bill Clinton and Barack Obama. Most of the Democratic Party leaders have not been coming with me except for Bernie Sanders, Alan Grayson, and Elizabeth Warren. Even Barnie Frank has clung to the old neo-liberal ways. I used to have such respect for Barney. I think Father Robert Drinan, Barney Frank’s predecessor as US Representative, would be with Bernie and not Barney if he were still around today.

USA Watchdog has the interview Fraud Key Profit Center for Wall Street-William Black.

Dr. Black, who is also a professor of both economics and law at UMKC, says, “Obviously, it is the worst possible thing to do in terms of stability. The way you rig these things doesn’t just make you wealthy, it creates asset bubbles, massive asset bubbles, the biggest in history, and it’s not just in the United States. . . . The biggest asset bubble right now has to be in China. . . . The estimated loss for the United States over the course for ‘The Great Recession’ (or 2008 meltdown) is $24.3 trillion. . . . This has been a catastrophe for much of the world.”

If you don’t know the information in this video, then you haven’t a clue about how massive is the fraud from the likes of Wall Street and their political enablers.

If you don’t know this, then you don’t know that most of Hillary Clinton’s campaign funds are donated from the proceeds of massive financial fraud.

If you don’t know this information, then you do not understand why Bernie Sanders puts fixing the rigging of the system as his most important issue in the campaign.

If you think there are more important issues than the rigged system, then you haven’t a clue as to how badly the system is rigged.

It is all laid out here in this video from a very reliable and expert source. No conspiracy nuts nor wacky conspiracy theories are here.

PC World has the article Here’s a look Inside Dell’s strategy for Linux PCs.

Dell wants more Mac and Windows users to move to Linux with its Project Sputnik effort.

This is just to remind me of what I might need to buy when Microsoft gets really insistent on me upgrading to Windows-10 before I have the time to do the upgrade some time after the election in November.

The Daily Kos has the article FBI releases video from inside of LaVoy Finicum’s truck of his fatal confrontation with the law.

This is the video featured in the article.

I think a psychiatrist would think of this as a Rorschach test. It is not so much about what is actually in the video as it is about what you see in it.

Salon Magazine has the article Bill Clinton’s odious presidency: Thomas Frank on the real history of the ’90s. It explains why I will never vote for a Clinton again.

When you take Clintonism all together, it makes sense, and the sense it makes has to do with social class. What the poor get is discipline; what the professionals get is endless indulgence.

At the time of the Clinton presidency, I knew some of what he was doing was horrible, but I drank some of the Kool-Aid on others.

Since then, I have matured and learned facts to male me realize how insidious were some of the things that I thought at the time were OK.

Naked Capitalism has the article Mirabile Dictu: Lead Story at Bloomberg Gives a Thumbs Up to MMT.

Remember that Michael Bloomberg would have run for President against Bernie Sanders, he was that afraid of Bernie Sanders’ policies, it is a double miracle that a news outlet he owned would support an economic theory that justifies what Bernie Sanders wants to do.

Get ahead of the rest of the corporate media by reading what they will be telling us in a year or two.

The comments on the article are just great.

Here are some comments about the article.

RabidGandhi
March 14, 2016 at 8:33 am

If you had asked me 15 years ago what might break the educated classes obsession with inflation, I would have thought certainly bringing interest rates to zero and beyond and having multiple central banks flood banks with liquidity would certainly dispel the myth. Yet I still find it utterly mind boggling: after ZIRP, NIRP and repeated QEs did in fact bring this to fruition, the first thing that always gets mentioned when presenting MMT is: Zimbabwe and Venezuela (although the Bloomberg article for some reason forgets to mention Weimar Germany). After years of expanding the monetary base and lowering interest rates Europe is in a deflationary spiral, and they still trot out the inflation bogeyman (looking at you Janet Yellen).

This marvelous ability to hang on to a discredited theory in the face of all evidence is a blaring testament to the effectiveness of the education/propaganda system.

YankeeFrank
March 14, 2016 at 10:23 am

As Jesse over at his Cafe Americain continues to point out, its the credibility trap they are caught in that makes them refuse to see reality: if monetary stimulus doesn’t work, then what have they been doing for the past 8 years? And if fiscal stimulus is the only way to generate demand in a massively over-indebted private sector, then all the talking up of the economy for the past 7 of those 8 years has been a lot of distortions and lies.

The green shoots must’ve amounted to something by now or they were wrong all along and are not just incompetent, but lying thieves who saved their friends in finance while letting the 99% slowly and painfully die… and now, lucky us, we get fascism.

Truth Out has the article Dogmas of Our Economic System Must Change, Says Former Economic Hit Man.

It is imperative that we admit to the fact that we are all complicit. We must take responsibility. The EHMs succeed because we collaborate with them. They seduce, cajole and threaten us, but they win only when we look the other way or simply give in to their tactics.

Another slant on the revolution that Bernie Sanders is trying to generate.