Bernie Sanders has posted the video The Bank Lobbyist Act.
Why is Congress busy worrying about the needs of huge financial institutions, but ignores the concerns of ordinary Americans? The answer is simple. Follow the money.
The next bank to fail ought to be nationalized, the executives fired, and some be put in jail. I bet that is not in the bill that Congress is looking to enact.
The Rabit Hole has the story What’s really going on in East Ghouta? VIDEO. (It is also on Facebook.)
This video was created by an amazing team of people that won’t let the voices of innocent civilians who are being killed in Damascus, be silenced by western mainstream media!
Created by Carla Ortiz, Jason Clarke, Soraya Tebbani and narrated by Sarah Abed.
Helicia Forest-Ussach has posted some items like this one. The Rabbit Hole web site has a “What Is The Rabbit Hole?” page to give you some background on the author of these stories.
It is hard to figure out who, if anyone, is telling you the truth about Syria. I get skeptical when a well financed news medium tells you only one side of a story. That is why I post the “other” side of the story. I could post both sides, but I figure you get enough of one side from the corporate press, so I only have to supply the missing part.
Twitter has some videos and screen shots about the situation in Syria.
Save #Ghouta’s children from #Assad’s bombing, but mostly from #terrorists that stick children in holes so that they can “rescue” them for #propaganda. (See magic hand at 00:02 brought to you by your friend at #Save_Ghouta )
If the story the corporate media is trying to sell us is legit, why don’t you see stuff like this?
I hope you can follow the link to the above posting to see the video, images, and comments. At the very least, I have included above one of the images.
The Nation has the article Bob Massie Is Putting Climate and Democracy at the Center of the Massachusetts Governor’s Race.
If this racial-justice and climate activist wins the nomination, he’ll be on the ballot along with Senator Elizabeth Warren.
I know I won’t be voting for Elizabeth Warren, but for Governor, my vote is up for grabs. So far, I have read about or listened to Setti Warren and now Bob Massie.
The Black Agenda Report has the article The Real Goal of “Russiagate” is to Prepare for Endless Austerity and War.
The Russians will never face trial in the U.S., and it is highly unlikely that the unindicted Americans will be criminally charged — but that is not the purpose of Mueller’s indictment. The political crime has been defined, for the broad purpose of repressing dissent in the United States. The witch hunt has found a legalistic vocabulary.
There are a lot of good reasons mentioned in this article to be angry with the promotion of the idea of Russiagate.
I’ll mention one of my life long principles that is another reason for my anger.
Throughout my life and particularly during my professional career, I have always felt that in any competitive situations I tried to beat the competition by doing a better job than they did. I would be, and was, ashamed of any effort to win by putting road blocks in the way of the competition. I did manage to talk companies where I worked from taking punitive actions against a competitor if it looked like the competitor were going to do a better job than we were going to do.
The world and my industry is better served if all the competitors try to do the best job that they can rather than trying to trip up the competition. I always felt that if had to resort to tripping up the competition to win the race, then I didn’t belong in the race. If the competition was winning through fair and honest practices, then they deserved to win.
I guess I could afford to have my attitude because I always felt that I was capable of doing a job well enough to succeed at it. I also worked for companies that I thought were good enough to succeed. When my interests and the company’s interests started to diverge in ways that I could not change, then I just looked for (and luckily always found) another job.
If we, as residents of the USA, believe that our country can do a better job, then why wouldn’t we just do that job as well as we can. If some other society can do the job better, then they deserve to win. Perhaps we can actually learn from people who do a better job at what we want to do. We don;t actually need to “win”. All I want to do is to be able to lead a respectable and comfortable life. If those needs are met, I don’t have to get myself in a fever pitch with concern that someone else might be doing better.
This carries over to my philosophy about investing. I don’t care whether or not I beat the market. If I do well enough to support my family and myself, then I can be happy no matter what the rest of the market does.
The Real News Network has the interview How Did Communist China Become a Capitalist Superpower?
In his new book, “Competing Economic Paradigms in China,” Steve Cohn examines how China’s economic policy went from Maoist to “iron rice bowl” to neoliberal
I am always fascinated by how China pulled off this transition. I have observed their tendency to be “what worksists” rather than “capitalists” or “communists”. I am not sure I would classify their policies as neo-liberal in the same pejorative sense that is applied to the Clintons and most of the Democratic party. I think being a “what worksist” is a much better strategy than trying to make the real world fit into a single ideology.
In my previous post China’s Secret Source For Funding Infrastructure, the article referenced describes how China uses their fiat currency system in a much better way than the USA does. So, in that instance the neo-liberalism in the USA is much more ideologically closed-minded than whatever you want to call neo-liberalism in China.
One aspect of Western ways that they have adopted that I think is a mistake is to allow the emergence of a billionaire class. I do not know the details as much as I do about the billionaires in Russia, but I assume the Chinese billionaires arose from the same forces as in Russia. This is the sale of state owned enterprises at fire-sale prices in the effort to privatize. I do take note that there are some restrictions on these billionaires that you do not find in the United States. In China and Russia, some billionaires actually do end up in jail. In China some of them even end up being executed. I am not for executions, but I think that jail is warranted in many cases. I would much prefer the prevention of economic crimes rather than just punishment after the crimes have been committed.
YouTube has the video Empire Files: How Lobbyists Weaponized Transparency.
There are 26 registered lobbyists for every elected representative on the hill, with experts suggesting the true amount is closer to 100,000. Yet transparency laws that people believe help combat this system of pay-to-play politics have been weaponized against them to further cement corporate control. Congressional researcher James D’Angelo argues how the Legislative Reorganization Act of 1970, which opened up politicians voting records–has only helped special interests and corporations.
Read this and weep. I don’t see any solution to the problems that get exposed here. The interview does not result in any suggestion for a solution.
YouTube has the video Sesame Street – What would happen if…
This is a funny cartoon made in the mid 70’s I think. There were two or three of these type of cartoons but this is the only one I have. The girl thinks ahead before playing a practical joke and reconsiders doing it.
Even little kids who watched Sesame Street might have learned the lesson. I wonder why more adults don’t seem to be aware.
Dandelion Salad has the article China’s Secret Source For Funding Infrastructure by Ellen Brown.
China’s central bank, the People’s Bank of China, issues money for infrastructure in an even more direct way. It has turned to an innovative form of quantitative easing in which liquidity is directed not at propping up the biggest banks but at “surgical strikes” into the most productive sectors of the economy.
Those of us who understand Modern Money Theory (MMT) can see that what China seems to be doing is applying MMT in their system. I could never understand why some MMT experts outside China harp on China’s debt problem. China’s situation sounds exactly like our Federal deficits that are not a problem at all to the USA according to these same MMT experts.
In a December 2017 article in the Financial Times called “Stop Worrying about Chinese Debt, a Crisis Is Not Brewing”, Zhao expanded on these concepts, writing:
“[S]o-called credit risk in China is, in fact, sovereign risk. The Chinese government often relies on bank credit to finance government stimulus programmes…. China’s sovereign risk is extremely low. Importantly, the balance sheets of the Chinese state-owned banks, the government and the People’s Bank of China are all interconnected. Under these circumstances, a debt crisis in China is almost impossible.”
This last excerpt seems to confirm to me that all the worries about China’s debt level being too high is nonsense from MMT experts who ought to know better.
NBC News has the report U.S. intel: Russia compromised seven states prior to 2016 election.
All state and federal officials who spoke to NBC News agree that no votes were changed and no voters were taken off the rolls.
<sarcasm>Oh, horrors. We must stage a nuclear retaliation for an attack that had no consequences</sarcasm>.
If this were just a practice run for future attacks, then the Russians have certainly given up the element of surprise, and they have revealed their methods of attack.
At least our intelligence agencies are finally responding to to the 15 years of warning about electronic voting system vulnerabilities that our domestic experts have been warniog about
Bev Harris has even written about her work in the 2004 book Black Box Voting: Ballot Tampering in the 21st Century.
When I heard this NBC report, there seemed to be a lot of discussion about how the need to keep intelligence secrets was getting in the way of protecting our next election.
Top election officials from all 50 states met in Washington this month for a National Association of Secretaries of State conference and received temporary security clearances for a classified threat briefing from intelligence officials.
I cannot fathom how telling states what they must do to harden their computers would compromise our intelligence sources or methods. Certainly our security experts could tell states what they must guard against, and perhaps even tell them how to do it. They don’t have to tell the states how they discovered the attacks, nor give away any information about who told them.
If it is a danger that the Russians find out how we are guarding our computers, then the methods are not very robust. If these methods need to be kept that secret, then it is unlikely that we will be able to keep them that secret.
You might be interested in the VOX article Report: Russia probed at least 7 states’ voter systems before the 2016 election that discusses the NBC report among others.