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Urban Poverty in America Made Me Question Everything – Chris Hedges on RAI (1/7)
Paul Jay interviews author, journalist and activist Chris Hedges about the formative experiences that shaped his worldview. This is an episode of Reality Asserts Itself produced on July 16, 2013.
Yemen: Biden’s Hypocrisy and Possible Peace?
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The Corporate Coup Against FDR – Jonathan M. Katz Pt. 2/2
In part two, journalist Jonathan M. Katz discusses the financial elite and fascist sympathizers who were conspiring to undo FDR’s economic reforms in what is known as the foiled Business Plot of 1933. Retired U.S. Marine General Smedley Butler, who outed the coup plotters in Special House committee hearings in 1934, subsequently published War is a Racket, a pamphlet critiquing the monied interests behind America’s imperial war machine. Katz describes Butler’s transformation from “racketeer for capitalism” to anti-war critic and underscores the political salience of working-class issues in the Great Depression’s aftermath, as demonstrated in the Bonus March of 1932 and in FDR’s New Deal.
Christian Nationalism Unleashed in the U.S. Military – Mikey Weinstein
Mikey Weinstein, founder of the Military Religious Freedom Foundation, a non-profit organization, explains why proselytizing in the U.S. military is both dangerous and unconstitutional. Christian nationalist and dominionist ideologies are espoused by high-ranking officers in the military, some of whom are involved in nuclear war and military planning. This highly disturbing reality, Mikey argues, is largely ignored by policymakers. As was reported following the U.S. Capitol attack on January 6th, 2021, an unusually high number of those charged in relation to the attack had a military background, and some of them adhered to radical Christian views.
Ronald Reagan: The Face of Racism & the Military-Industrial Complex – Matt Tyrnauer (pt 2/5)
Reagan understood the American psyche from within it. He used his acting skills to sell right-wing “dog whistles” and militarism. Matt Tyrnauer, director of “The Reagans”, on theAnalysis.news with Paul Jay. This interview was originally published on January 29, 2021.
I suggest Mr Ferguson reread Mike Moore’s Stupid White Men on Bill Clinton being the best or worst republican POTUS America never voted for, before trying to alibi the duplicitous , absolutely corrupt , and perhaps senile Joe Biden as Americas white knight.
Voting is of little importance and has been since our defeat in Vietnam , when CIA and the the various deep state entities controlled by unelected elites decided that guys like Carter , Nixon , and Kennedy were unreliable and began openly fixing the results. These days the SCOTUS, and Electoral College are the primary tools , supplemented by electronic ballot rigging , voter suppression , and gerrymandering of districts . Whether Trump or Biden sit on the now mainly ceremonial POTUS throne is truly immaterial to the global elites that now rule most of the planet.
The characterization of today’s (since 2009) QEs as “Keynesian” stimulus is incorrect. If JM Keynes were alive today, he would be vociferously denouncing the Fed and the Treasury as irresponsible. Keynes, in his 1936 treatise, “The General Theory of Employment, Interest, and Money”, urge federal borrowing when there is growth stagnation and high unemployment. Its object was the stimulation of aggregate demand by putting people back to work. Keynes saw this as the singular responsibility of the federal government, because private investment in times of GDP stagnation is discouraged by the wide perception of unacceptable risk. Only the federal government can provide the needed employment stimulus . This is very different from increasing the reserves of the major banks so that they and their privileged borrowing corporations can help themselves in the stock market rather than invest and increase employment. That is not Keynesian stimulus.
I can think of no person who was and is still detested as much as FDR by his own capitalist class as was JM Keynes. If Keynes had been in charge at the Bretton Woods conference in place of Harry Dexter White, an agreement could have been made that might have avoided the domination of the postwar economy by the US and the ultimate breakdown of the gold standard (1971). If Keynes had been heard after WWI, the Versailles Treaty would not have set the stage for WWII. He was a profoundly far sighted political economist and one of the key intellectuals of the 20th century, as recognized and celebrated by Bertrand Russell in his “History of Western Philosophy”.
Great post I heartily agree.