Verified Politics has the article Billionaire Michael Bloomberg Just Exposed Trump’s Evil Secret Behind His Tax Heist.

Bloomberg criticizes Trump and Congress for not really listening to CEO’s, economists and others who could have told them that well tax reform is needed to solve major problems, the approach they are taking is completely the wrong way to go.

To this article and Bloomberg’s critiques, I say, “You are foolish to believe that the tax cuts were based on economic facts. The rich backers of these politicians wanted tax cuts, and they paid to get them. They know darn well that this will only help the rich. There are no facts you can expose that will change this one fact, the rich are getting what they paid for.”

The Foreign Policy Journal has the article Walking into Armageddon

A few days ago former US Secretary of Defense William J. Perry added his voice to mine and to those of the few who understand the danger. Perry said:

When the Cold War ended, I believed that we no longer had to take that risk [nuclear annihilation] so I put all my energy into efforts to dismantle the deadly nuclear legacy of the Cold War. During my period as the Secretary of Defense in the 90s, I oversaw the dismantlement of 8,000 nuclear weapons evenly divided between the United States and the former Soviet Union. And I thought then that we were well on our way to putting behind us this deadly existential threat, but that was not to be.

Today, inexplicably to me, we’re recreating the geopolitical hostility of the Cold War, and we’re rebuilding the nuclear dangers. … We are doing this without any serious public discussion or any real understanding of the consequences of these actions. We are sleepwalking into a new Cold War, and there’s very real danger that we will blunder into a nuclear war. If we are to prevent this catastrophe, the public must understand what is happening.

My previous post Undoing the New Deal: Truman’s Cold War Buries Wallace and the Left, demonstrates our long, sad history of getting talked into wars with Russia.

The Real News Network has the story Undoing the New Deal: Truman’s Cold War Buries Wallace and the Left.

Historian Peter Kuznick says Truman bought into the Republican’s post-WWII campaign against Russia and used the hysteria to purge the Democratic Party and defeat former VP Henry Wallace in the ’48 Presidential election; with host Paul Jay.

When I watched this video, I found it to be very disturbing. I got too lazy to blog it, but it became so relevant today, that I decided to go back, find the story, and post it here for future reference.

I have blogged about the article that has made this so obviously relevant. The subsequent blog post is Walking into Armageddon.

I have watched 3 of the 6 hours of WWII Confidential on AHC TV. The story of the workings of Churchill, Roosevelt, and Stalin during WW II are much more complicated than what was covered by The Real News Network. It is hard for me to completely reconcile the two views. The parts I watched only went up to the Yalta meeting and a little beyond. If it covered the ascension of Harry Truman to the Presidency, I did not watch the episodes that may have covered that.

Glenn Greenwald has published the article The U.S. Media Yesterday Suffered its Most Humiliating Debacle in Ages: Now Refuses All Transparency Over What Happened.

Friday was one of the most embarrassing days for the U.S. media in quite a long time. The humiliation orgy was kicked off by CNN, with MSNBC and CBS close behind, with countless pundits, commentators and operatives joining the party throughout the day. By the end of the day, it was clear that several of the nation’s largest and most influential news outlets had spread an explosive but completely false news story to millions of people, while refusing to provide any explanation of how it happened.

I want to have a record of this story here on my blog. I’ll be able to refer to it when people brag about the veracity of our corporate press or disparage propaganda from other presumably less reliable sources. We have to remain skeptical of everything, including this Glenn Greenwald article. We will probably never know the truth behind many of the things we have grown to believe.

Michael Hudson has the article Debts that can’t be paid, won’t be.

Writing down debts reduces the overall economy’s financial costs. Keeping debts on the books retains these costs. So when the financial sector (or the 1%) insists on maintaining the debts that have been run up – and supporting the debt-leveraged price of real estate pledged as collateral – securing its past “savings” gains are incompatible with maintaining a viable economy. The debt overhead becomes an expense that must be shed if the economy is not to shrink – and if it does shrink, more debts will go bad and a deteriorating spiral will set in.

Perception of this long-term macroeconomic dynamic is what has led the past few centuries of legal trends and political ideology to favor indebted labor and industry, and indebted governments as well. It explains why debtors’ prisons have been closed, and bankruptcy laws become increasingly humanitarian to enable debtors to make a fresh start. This idea of clean slates is only recently being extended to the economy-wide scale, starting with government debts to global creditors.

Today’s financial trend threatens to reverse this pro-debtor reform tendency.

I had been looking for the origins of the phrase that is the title of this article, and this is one of the items that I came across. I don’t think this phrase was originated by Michael Hudson, but the article is a good treatise on the subject.

YouTube has the video Bernie Exposes Weaselly GOP Plan To Cut Medicare & Social Security.

He does play the video of Bernie’s debate on the Senate floor. However, if you need Bernie Sanders explained to you, this guy does a good job. There was one subtlety that he explains that did get by me at first. That was the one about Rubio and his mother. (Rubio will make sure he doesn’t upset his mother who receives Social Security, but the younger people will get screwed.)

Remember that Social Security and Medicare are an earned benefit. They are not entitlements. If the workers got their fair share of the benefits of productivity improvements in the economy, there would be no problem paying for the benefits they earned.

YouTube has the video Nomiki On Her Donna Brazile Interview.

TYT Politics Reporter Nomiki Konst gives her thoughts on her interview with Donna Brazile and the reaction to it.

After you look at this discussion you might want to go back and see the interview that this is all about. I have already blogged about the interview. In case you missed it, the post is Donna Brazile on The Young Turks with Nomiki Konst.

YouTube has the video Donna Brazile on The Young Turks with Nomiki Konst.

Nomiki Konst interviews Donna Brazile, former interim chairperson for the Democratic National Committee and author of Hacks. Brazile explores what went down during the 2016 Presidential elections in her controversial new book, Hacks.

I think this is a very worthwhile interview to see. Apparently therre is a controversy over this interview. If you don;t watch this now, I will next post Nomiki Konst’s commentary on the controversy. After you see that, you might want to come back here to see the controversial interview.

The Young Turks Network has the article MSNBC Fires Sam Seder Over Alt-Right Smear Job.

This was the quickest way for me to learn what this is all about.

If twitter would have given him the space, Sam Seder should have used my technique. I now use <sarcasm></sarcasm> flags around all my posted sarcastic remarks so that nobody can misconstrue them.

<sarcasm>

</sarcasm>

In plain text, it would have looked like the following:

<sarcasm>Dont care re Polanski, but i hope if my daughter is ever raped it is by an older truly talented man w/ a great sense of mise en scene</sarcasm>

Lobe Log has the article Let the Record Show: Negotiations with North Korea Work.

For those seeking to prevent a war that could result in millions of casualties on the Korean Peninsula, there are no military options. But for many Democrats, promoting diplomacy runs the risk of signaling weakness. Unsurprisingly, economic measures that straddle the line between being punitive and not-quite-war receive the widest bipartisan support.
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Both the United States and North Korea played a part in the Agreed Framework’s collapse, but the assertion that North Korea cheated obscures that fact. Soon after the Clinton administration brokered the deal, Republicans gained control of Congress, resulting in “a lack of political will,” according to chief negotiator Robert Gallucci, and led to significant delays in the delivery of US obligations.

I knew about the initial deal worked out during the Clinton administration. I wasn’t aware of all the details assembled in this article about what happened since the Clinton administration. I probably wasn’t aware because this is not information you are going to see prominently displayed in the corporate media’s fake news stories.