Similar Posts
Who Makes US Foreign Policy – Lawrence Wilkerson on Reality Asserts Itself (pt 2/3)
This is an episode of Reality Asserts Itself, produced on May 10, 2014. Colonel Wilkerson says while an Iran deal is in US strategic interests, it could still be derailed by Congress, the neocons, and Hillary Clinton.
Why I am Opposed to the War in Vietnam – Martin Luther King
On April 30, 1967, Martin Luther King delivered an anti-Vietnam War speech at Ebenezer Baptist Church in Atlanta, Georgia. Titled, Why I am Opposed to the War in Vietnam, King speaks out on America’s involvement in the war connecting it to economic injustice and lack of moral standing.Â
The Radicalization of Phil Donahue – Reality Asserts Itself (pt 1/3)
Phil Donahue died on August 18, 2024. Mr. Donahue says he believed he was blessed, living in the greatest country on earth â but through hosting his show and speaking to people like Chomsky and the Black Panthers, he came to question what he had thought was true. This is an episode of Reality Asserts Itself, produced on September 30, 2014.
“Any Democrat Won’t Do” – Nina Turner on RAI (pt 3/4)
This is an episode of Reality Asserts Itself, produced on January 19, 2017. On Reality Asserts Itself, Nina Turner, leading Bernie Sanders surrogate during the primary, tells host Paul Jay that Democrats and progressives need to stand up and challenge establishment Democrats in the primaries all across the country. âEither youâre with the people, or youâre not.â
The Rich Have an Escape Plan – RAI with Rana Foroohar Pt 5/6
On Reality Asserts Itself, Ms. Foroohar says many wealthy people understand that the climate crisis, deep recession, and war are real threats, but they believe âapres moi le deluge [after me comes the floods];â the Financial Times columnist and author of âMakers and Takersâ said many of the rich have escape plans thinking âthey can avoid the apocalypseâ â with host Paul Jay. This is an episode of Reality Asserts Itself, produced May 9, 2018.
CIA Stories: Death Squads in Afghanistan
As the US Empire makes its major military retreat from Afghanistan, learn about the CIA forces that will be staying behindâand their disturbing 20-year track record of war crimes.
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.