~H.P. Minsky, 1959
A page to collect some original sources of MMT thought.
This is a terrific and unusual piece for a bank to publish. It traces the history and highlights how America’s weak unions and strong lobbyists prevented action being taken on it for at least 50 years after Europe had banned it. As corporations continue to do today with any science that threatens to protect it’s customers from poisoning, they “cast doubt” on the science, blamed the poor, etc. I highly recommend it.
Growth cures debt, cuts *cause* debt.
Americans should know by now that their country’s wars are fertile ground for biased, one-sided, xenophobic, fake news and the United States has been in a permanent state of war since 1941.
The first report is a statistical analysis of the actual vote counts in each state from smallest precincts to largest. It’s based on the mathematical “Law of Large Numbers” and in a normal graph, the lines for each candidate flatten out to a roughly horizontal line (averages). Anything that doesn’t is equivalent to shuffling a deck of cards and having it end up in numerical order. It’s pretty much impossible. Anyway, take a look. It’s pretty amazing. Electoral System in Crisis Report The report was authored by top statisticians and is highly credible.
Next up is a 6 part study of newer voting machines, and it reveals how the above might have happened. Link is to the first of the series, you can pick up the rest from there: Fraction Magic Part 1
The next report addresses all the myriad *other* frauds being perpetrated on voters, from Election Justice USA (opens pdf file): Democracy Lost
This is a good video on it: 2016 Election at Risk – STEALING AMERICA: Vote by Vote
“Ideological hegemony is the process by which the exploited come to view the world through a conceptual framework provided to them by their exploiters.” – Kevin A. Carson
Every cynic was once an idealist who has grown defenses around their heart to avoid the pain of having their hopes dashed yet again. Ignoring the fact that Obama was always a well-marketed corporate candidate with moderate conservative (neoliberal) positions, a lot of people got their hopes up that he might be different. It’s understandable people don’t want to get their hopes up again.
The Bernie Sanders movement is not about him. It is about millions upon millions of us deciding that we’ve had enough. That we’re not going to play our part in their game anymore (where we stay home and they continue to rule).
It *can* happen here. This deserves a careful reading, so I won’t do any cutting and pasting. In view of events now.. a very careful consideration indeed is in order.
Book by Milton Mayer Review by Thom Hartmann, originally published at buzzflash.com on November 7, 2005.
Source: They Thought They Were Free
This is unbelievably bad:
Without tax increases in the coming weeks, the government will cease to offer many of its vital services.
And I suspect this is why:
Louisiana has sixth highest inequality in the nation
Hey you guys, anybody thought of, like… oh.. taxing the people that got all the dough for a change? At the rate the state is deteriorating, they’ll all be heading for California soon anyway.
Bernie Sander’s amazing Town Hall on the Flint water crisis. He *listened*–all the way through.