tag:blogger.com,1999:blog-2761684730989137546.post1644861499352526970..comments2024-03-18T19:09:18.510-04:00Comments on Mike Norman Economics: Carl Bernstein — Why the US media ignored Murdoch's brazen bid to hijack the presidencymike normanhttp://www.blogger.com/profile/03296006882513340747noreply@blogger.comBlogger5125tag:blogger.com,1999:blog-2761684730989137546.post-25429996644367678152012-12-23T12:17:33.809-05:002012-12-23T12:17:33.809-05:00Yeah, Warren reports that Rubin essentially walked...Yeah, Warren reports that Rubin essentially walked out on him.Tom Hickeyhttps://www.blogger.com/profile/08454222098667643650noreply@blogger.comtag:blogger.com,1999:blog-2761684730989137546.post-62102705907629979642012-12-23T11:45:43.433-05:002012-12-23T11:45:43.433-05:00Tom -- I agree that all those people in high offic...Tom -- I agree that all those people in high offices actually know the truth of our monetary system (at least some of them). But, if they start telling the truth then they will lose control of the situation. The public might begin to understand that we have the ability to take care of all citizens without "taking from others to pay for it." Only by convincing people of the scarcity of money, i.e., affordability, can they maintain control. They create a conflict between the haves and the have-nots among the 99% and people are so distracted by trying to get a little piece of the pie they don't realize the elites already have taken 95% of the pie.<br /><br />As you indicate, it's power politics from beginning to end.John Zelnickerhttps://www.blogger.com/profile/03280656264903899739noreply@blogger.comtag:blogger.com,1999:blog-2761684730989137546.post-49920585998080160782012-12-22T12:17:17.955-05:002012-12-22T12:17:17.955-05:00Woodward is a f-ing moron and so is Ezra Klein.
I...<i>Woodward is a f-ing moron and so is Ezra Klein.</i><br /><br />I am willing to cut Woodward some space here, since economics is not his thing and he probably is as blinded by the BS as many of the others. But Ezra has been led through MMT and either he doen's get it, which I don't believe, or he is disingenuous.<br /><br />I can see people not knowing much about econ and finance being taken in by the BS, and I don't buy into the idea that the people who "should know better," don't. This is simple arithmetic and basic algebra. IMHO, they definitely know better and are just "leveraging" their position for what's in it for them. I just don't see the possibility of there being so many morons in high places, especially in light of the many stories that WM tells in 7DIF. They were told, agreed, and blew it off.Tom Hickeyhttps://www.blogger.com/profile/08454222098667643650noreply@blogger.comtag:blogger.com,1999:blog-2761684730989137546.post-76576455377534703572012-12-22T09:24:42.027-05:002012-12-22T09:24:42.027-05:00"Woodward and Bernstein still on the job.&quo..."Woodward and Bernstein still on the job."<br /><br />President Barack Obama has dropped the ball when it comes to solving the government’s debt crisis — $16 trillion and counting, according to journalist Bob Woodward.<br /><br />http://www.newsmax.com/Newsfront/obama-debt-crisis-woodward/2012/09/27/id/457836<br /><br />Woodward is a f-ing moron and so is Ezra Klein.<br />Matt Frankohttps://www.blogger.com/profile/11978352335097260145noreply@blogger.comtag:blogger.com,1999:blog-2761684730989137546.post-78506002259052444382012-12-22T04:17:39.766-05:002012-12-22T04:17:39.766-05:00“thwarted, thankfully, by circumstance..” Why “tha...“thwarted, thankfully, by circumstance..” Why “thankfully”? All that happened was that Murdoch failed to wrest control of the presidency from banksters.<br /><br />Happy Exmas from Ralph Cynical Scrooge Musgrave.<br />Ralph Musgravehttps://www.blogger.com/profile/09443857766263185665noreply@blogger.com