Wednesday, July 4, 2018

Craig Murray — Wheel Out the Skripal Story Again


I was just thinking this morning about the Skripal case and wondering what ever happened to the Skripals. They have disappeared.

If this happened in Russia, the media would be screaming about it. Actually, the Russian media is. Not peep about in now in the West though.

What is becoming clear is that not only is the British establishment up to its centuries-old tricks but also the British elite are trying desperately to stay relevant on the world stage as they begin to slip into final oblivion and disappear other than as a curious relic like the former European aristocrats that now just hang out.

Craig Murray Blog
Wheel Out the Skripal Story Again
Craig Murray, formerly British ambassador to Uzbekistan and Rector of the University of Dundee

See also

Moon of Alabama
British Government Peddles Warmed Over Skripal Muck
b

See also

Sputnik International
UK Counter-Terrorism Chief: 2 People in Amesbury Exposed to Novichok

Follow up from Craig Murray

Craig Murray Blog
The Amesbury Mystery
Craig Murray, formerly British ambassador to Uzbekistan and Rector of the University of Dundee

Bill Mitchell — Brexit propaganda continues from the UK Guardian

Its Wednesday, so a relatively short blog post today. We are just about finished the final responses to the editors from Macmillan on the manuscript for the next Modern Monetary Theory (MMT) textbook, which I am now reliably informed will be published in February 2019.
Woo hoo!

Bill Mitchell – billy blog
Brexit propaganda continues from the UK Guardian
Bill Mitchell | Professor in Economics and Director of the Centre of Full Employment and Equity (CofFEE), at University of Newcastle, NSW, Australia

Lars P. Syll — Why a monetary union cannot work without also being a political union


Nicholas Kaldor foresaw what the would happen if the Eurocrats attempted to force a political union using an monetary economic one on top of the then existing common market.

Lars P. Syll’s Blog
Why a monetary union cannot work without also being a political union
Lars P. Syll | Professor, Malmo University

See also

The mess at the heart of the EU

Brian Romanchuk — Primer: The Kalecki Profit Equation (Part II)


This article continues the discussion of the Kalecki Profit Equation (link to Part I). The Kalecki Profit Equation is an account identity (a statement that is true by definition) that determines the level of aggregate business sector profits in terms of other national accounts variables. The full equation is somewhat imposing, so the strategy employed here is to build up the equation by starting off with a simplified model economy that results in a brief equation, then adding new terms progressively. The previous article noted that investment creates a pro-cyclical self-reinforcing loop between it and profits. This article discusses two factors that normally act to moderate the business cycle: the fiscal deficit, and the external sector. 
As in the previous article, the treatment here is aimed at the simplified economic model accounting, and not the full details of the national accounts. If one wanted to apply the accounting identity to real world national accounts, there are a great many smaller terms that would need to be added in in order to get the full accounting identity....
Bond Economics
Primer: The Kalecki Profit Equation (Part II)
Brian Romanchuk

2Q Earnings


Tomorrow to be a revealing day; almost half of preliminary figures out for 2Q:






Tuesday, July 3, 2018

Trump worshiped as god...


Hot news just in from India:




Can't make it up...

Double triggers!!!!





Ben Judah — The Right’s Straw Left


The Right discovers it is up against MMT. Is Stephanie Kelton Superwoman?

The American Interest
The Right’s Straw Left
Ben Judah

John Helmer — The Sale of Another Century – the Putin-Trump Summit


John Helmer looks at the coming Trump-Putin summit from the vantage of the Bolton meeting with Russian officials in preparation for it.

Dances with Bears
John Helmer

See also

Strategic Culture Foundation
As Trump ‘Goes Nuclear’ Against Iran and China, What’s Next?
Alastair Crooke | founder and director of the Conflicts Forum, and former British diplomat and senior figure in British intelligence and in European Union diplomacy

Also

Weaponized NGOs.

LobeLog
NED Pursues Regime Change by Playing the Long 
Edward Hunt

Also

Moon of Alabama
Secret U.S. Wars Endanger Africa
Wesley Morgan

David Swanson — Why Ocasio-Cortez’s Platform is So Great

Alexandria Ocasio-Cortez’ platform is dramatically better than many may realize. It tackles the greatest evil in existence in a way that no other big-2 congressional candidate’s website does and which most do not even mention. And in doing so, it makes serious much of the rest of her socialist platform in a way that even presidential candidate Bernie Sanders did not — a way promoted by the peace movement, the Poor People’s Campaign, and Black Lives Matter.…
By labeling her foreign policy platform “A Peace Economy,” Ocasio-Cortez, using a phrase popular with the peace movement, makes the financial connection without shying away from the immoral and criminal and counter-productive character of war. The fact is that war endangers rather than protecting, erodes rights, militarizes police and society, destroys the natural environment, directly kills and injures and traumatizes and harms millions, and — on top of that — does the most damage through the diversion of resources from where they could do good. War is the only place where enough money sits with which to try to protect the environment or to guarantee education or retirement or other basic rights. Candidates who do not mention war spending are not serious about the things they do mention.
Ignorant of the currency issuer-users distinction, but otherwise right on. Alexandria covers the bases.

Counterpunch
Why Ocasio-Cortez’s Platform is So Great
David Swanson

Jimmy Dore - Starbucks Billionaire: You Can't Have Healthcare or College

Jimmy Dore gives Howard Schultz, the outgoing Starbucks CEO,  a pasting for saying that some of the Democrats have moved too far to the left by saying the government should provide single payer healthcare, a Job Garantee, and free college.

Howard Schultz, who is going to run for president as a Democrat, asks how are we going to pay for all this? But Jimmy Does points out about the trillions the government found to bail out the bankers, and the trillions more spent on the military and the endless wars.  He also says how the U.S. is one of the richest countries in the world and yet much poorer countries can provide college and healthcare its citizens.

Howard Schultz is concerned about the government  $21 trillion debt, but Jimmy Dore says that the U.S. government prints it's own money and that is why it could give the bankers $15 trillion without blinking an eyelid.  He also adds how in Iceland they locked their criminal bankers up, but in the U.S. nothing is said because it is an oligarchy, not a democracy. He then goes to say how Bill Clinton gave George Bush a balanced budget, but asks did Americans get healthcare out of it, or state college, no just trillions spent on war and the bankers?

Jimmy Does wants to know who these left leaning Democrats are because he can't think of any? The Democrats have been captured by the corporations.





Zero Hedge — Blowback - Nasdaq Plunges After China Blocks Micron Chip Sales

Potentially in response to Trump's actions on China Mobile, a Chinese court temporarily banned Micron Technology chip sales, cutting the U.S. company off from the world’s largest semiconductor market. 
Yesterday we specifically warned that following yet another targeted attack at a prominent Chinese company, it is only a matter of time before China responds in kind, and considering the size and prominence of China Mobile, one wonders howlong until China takes aim at none other than the world's largest company, Apple… 
Bloomberg reports that in a patent ruling in favor of Taiwanese rival United Microelectronics (UMC), the Fuzhou Intermediate People’s Court of the People’s Republic of China issued a preliminary injunction stopping Micron from selling 26 products, including dynamic random access memory and Nand flash memory-related products, UMC said in a statement Tuesday....
Zero Hedge
Blowback - Nasdaq Plunges After China Blocks Micron Chip Sales
Tyler Durden

Tyler Cowen — Trump understands this, perhaps you do not


Perception about immigration.

Marginal Revolution
Trump understands this, perhaps you do not
Tyler Cowen | Holbert C. Harris Chair of Economics at George Mason University and serves as chairman and general director of the Mercatus Center

Larry Summers — A jobs guarantee – progressives’ latest big idea


Summers comes out for a job guarantee and offers some qualifying comments. Overall positive.

Maybe not an exactly a VSP endorsement of MMT or Alexandria Ocasio-Cortez, but close enough to be considered a big win for the up-and-comers.

It is a wake-up call to establishment Democratic policymakers as well as encouraging progressives.

Larry Summers
A jobs guarantee — progressives’ latest big idea
Lawrence H. Summers | Charles W. Eliot University Professor and President Emeritus at Harvard University, 71st Secretary of the Treasury for President Clinton, and the Director of the National Economic Council for President Obama

Bill Mitchell — Governments should not issue debt under foreign law

In examining the implications for an exit from a currency union, one of the issues that arises is the proportion of public debt that is issued under foreign law. This is a separate issue to the implications of foreign-currency denominated debt. Both issues are problematic and compromise a government’s capacity to remain solvent. I covered the former issue to some extent in my 2015 book – Eurozone Dystopia: Groupthink and Denial on a Grand Scale – when I was considering different strategies for exit. There has been some further research on the question of foreign law debt issuance by the ECB and its Working Paper No. 2162 – Foreign-law bonds: can they reduce sovereign borrowing costs? – published June 2018, has relevance. It is clear that a government reestablishing its sovereignty has the upper hand, especially if it has issued debt under its own legal system. Which is why the likes of the IMF and the European Commission has been keen to increasingly pressure governments to issue debt under foreign laws under the ruse that this is a show of faith to the private bond markets. Once again the increasing bias towards foreign-law debt is all about privileging private capital over the interests of citizens in national states. What is absolutely clear is that a sovereign government should never issue debt instruments under any legal system other than their own. What is even clearer – such a government has no need to issue any debt at all.
Bill Mitchell – billy blog
Governments should not issue debt under foreign law
Bill Mitchell | Professor in Economics and Director of the Centre of Full Employment and Equity (CofFEE), at University of Newcastle, NSW, Australia

Eric Boehlert - Trump is about to drive America's largest nail maker out of business

America's largest nail manufacturer may be forced out of business by Labor Day.

Trump's steel tariffs are backfiring. He is trying to protect the American steel industry but an American nail manufacturer says says it will go out of businesses unless it gets cheap Chinese steel to compete with, you guessed it, cheap Chinese imported nails.

And Harley Davidson says it will be affected by Europe's retaliatory trade tariffs so it might move its production abroad which would be a shame as much of the prestige of owning a Harley Davidson is the genuine made in America label, I would have thought.

Combined, these industries stand to lose hundreds more jobs than the steel tariffs are protecting. KV

Republicans have been warning the White House all year that Trump's reckless trade war is going to hit red states hard, with real job losses, and the evidence is pouring in.

America's largest nail manufacturer, Mid-Continent Nail, located in a Missouri county that voted 79 percent for Trump, says it is shedding hundreds of jobs and will likely have to shut down by Labor Day.

The company, which produces half the nails manufactured in the U.S., uses imported material to produce the carpentry nails, and since Trump slapped a 25 percent tariff on steel and aluminum imports, the company has had to boost its prices. When they did that, sales immediately plummeted.

The company recently laid off 60 of its 500 employees and expects to lay off another 200 in the coming weeks.

One of the company's three plants in Popular Bluff, Missouri, has already been shuttered.

"It's not just us. There will be many, many companies that will pay a price for this," George Skarich, Mid-Continent Nail's vice president of sales and marketing, told the Washington Post. "I'm disappointed in Trump. We didn't see this coming."

And that's why Harley-Davidson, facing retaliatory tariffs from Europe, announced on Monday that it will be sending U.S. jobs overseas because of the huge hit it's taking, thanks to Trump.

According to Harley-Davidson, the tariffs would cost the company an additional $2,200 for each motorcycle it built in the U.S. and then exported to Europe.

OpEdNews

Eric Boehlert - Trump is about to drive America's largest nail maker out of business


Monday, July 2, 2018

"Ain't nobody like Trump man..."


Viral MAGA...





Greg Palast - How the "Bernie of Mexico" Won the Presidency

This came to me as an email, so no link to a site, so I'm putting it out in full, with the video. KV

This is Trump’s nightmare.


I'm writing minutes after the victory of the Bernie Sanders of Mexico, Andres Manuel Lopez Obrador. Everyone calls him, “AMLO.” This is actually AMLO’s re-election: He first won the presidency in 2006. But back then the thieving, scheming, blood-stained criminal gang that rules Mexico (and I’m being polite), declared AMLO’s dissolute opponent the winner.

In 2006, rather than concede to vote thievery, lick his wounds and toddle off on a book tour, AMLO took his supporters into the streets, raised hell, blocked the capital’s central square for months, held a People’s Inaugural, and vowed to never, ever concede.

And tonight, twelve years later, AMLO has won a crushing, too-big-to-steal victory in Mexico’s presidential election.

And while the Good and Great told him he’d be finished if he kept protesting the stolen election, he made counting every vote the very first of his five-point campaign platform. He understands that even those with empty stomachs also hunger for democracy.

And there’s a lesson here. Are you listening, Al Gore? Mr. Kerry and Mrs. Clinton?

Bernie or Hugo?

And AMLO gave the people something to vote for. The rest of his platform included expanding free college education, raising the minimum wage, fighting income inequality and creating a massive infrastructure-fixing jobs program.

If that sounds like Bernie Sanders, that’s no accident. AMLO, like Bernie, said he is taking his program from that great Mexican hero, Franklin Delano Roosevelt.

Nevertheless, Mexican media blared apoplectic prophesies that AMLO would be the Second Coming of Hugo Chavez, with mass nationalizations to follow. (The hysteria was parroted in the New York Times, not coincidentally, owned by Mexico’s richest man.)

I can tell you, AMLO is way more Bernie Sanders than Hugo Chavez (and I’ve known all three).

Both AMLO and Sanders were mayors who ran their cities as what I’d call, “Pothole Populists.” It’s get-the-job-done socialism with the emphasis on social not -ism.

AMLO proved he could tamp down corruption, keep a stingy hold on budgets while increasing pensions and providing education grants. Mayor AMLO, unlike a certain Mr. Trump, completed major city infrastructure projects—all out of the savings from cutting waste and corruption.

But unlike Bernie, who did his good works in the mean streets of Burlington, Vermont, AMLO worked nothing less than a miracle in Mexico City, which is bigger than New York and ten times as ungovernable.

(And like Bernie, AMLO is a working class kid who worked in the social movement trenches: Sanders as a SNCC organizer in Chicago, while Lopez Obrador spent six years living with, sharing the lives of and fighting for the poorest Mayan families.)

But they are stealing it right now

Let’s not get carried away with our democracy high. This election is being stolen as I write.

Not the presidency. AMLO’s poll lead of 52% to 25% for his nearest competitor, is just too much to steal. But every seat of the Mexican Congress is up for grabs, and the Powers that Be, the laughably named Institutional Revolutionary Party (PRI) and the right-wing National Action Party (PAN) are fighting for their lives – and sometimes they fight with bullets.
So, far, 132 officials and candidates have been murdered in this election cycle. I spoke with voting rights activist (and movie star) Yareli Arizmendi in Mexico City, who told me that the old guard politicians were tied up with the Zetas and other drug gangs.
In all fairness, I should note that many victims were not just AMLO allies but also PRI, Green Party and independents who challenged the control of their cities and states by narco-traficantes.
Indeed, AMLO’s campaign gained fuel when, in 2014, the public learned of the disappearance of 43 students (and 3 investigating journalists). Evidence now indicates they were hacked to pieces and dissolved in acid by the Guerreros Unidos gang – on orders from a politician connected to the ruling party.
Arizmendi reports that ballots have been burnt in gang- and ruling-party controlled districts. She sent me a video of a woman pre-marking a stack of ballots.
I saw this game up close in 2006 when I was sent by the Guardian and Democracy Now to investigate AMLO’s shock loss by just half a percent of the vote.
On election night, AMLO was way ahead when the official count was halted—then resumed with a massive reversal in the final count. Our investigators found massive ballot-box stuffing, ballot box dumping and intimidation of voters at gunpoint. There were games with electoral rolls apparently orchestrated by the Bush Administration which, I found, had used the same company that helped Katherine Harris rig the 2000 election in Florida, ChoicePoint, to steal Mexico’s entire voter roll! (Watch this Democracy Now! report, "Florida con Salsa," from Mexico City.)

And this time, the incumbent PRI hired Cambridge Analytica. Trump’s social-media manipulators and data thieves were paid $7.2 million on their promise—I can’t make this up—to repeat a Mexican variant of their “Corrupt Hillary” campaign to smear AMLO.
It was a hard sell, especially as the wife of the current President, PRI man Enrique Peña Nieto, was caught taking a $7 million condo from a government contractor.
As I write, it looks like AMLO has crushed the second-highest candidate vote two-to-one and swept the House of Deputies. However, his coalition of parties is, as of the moment, showing poorly in the Senate race, way below pre-election polling data.
AMLO: Arrest Trump

Mexicans have had enough of the Trump-ito grifters who have held the Mexican presidency, usually by theft, for decades.
President Peña Nieto made his nation cringe with his invitation to Trump during the US Presidential campaign, boosting Trump’s candidacy. And he’s not had much to say about the caging of children on the border.
Although Trump’s child prisoners and their families detained at the border are not Mexican citizens (most come from Central America), AMLO has called for Trump’s arrest for the kidnappings as violating international law.
That’s just one indication AMLO’s victory is Trump’s nightmare. AMLO has shown he is not afraid of privileged pricks, even if they try to make themselves look fierce by staining themselves orange.
NAFTA

Weirdly, Lopez Obrador has also been called “The Trump of Mexico,” simply because they both speak to the desperation of their nation’s working classes. And both have few good words for NAFTA.
But Trump’s act, the billionaire turned class warrior, was always a fake. AMLO is for real.
Commerce Secretary Wilbur Ross has demanded that Mexico raise the wages of all auto workers so that the US can better compete within NAFTA.
AMLO is calling Trump’s bluff: he said, “yes” – which may come as a shock to Secretary Ross… Ross owns eight of those auto factories.
Hope and Danger

The slogan of AMLO’s coalition is, Juntos Haremos Historia. Together, we’ll make history. But history has a way of bleeding to death in Mexico.
In March 1994, Luis Donaldo Colosio was on the cusp of winning Mexico’s presidency. But his political turn to the Left infuriated his PRI bosses. At a public rally where he supposedly had government protection, one assassin, and possibly a second, put two bullets in his head.

Craig Murray — No Need For Nato


Ironically, NATO is destroying the NATO countries. Poetic justice — Nemesis responding to hubris?

Craig Murray Blog
No Need For Nato
Craig Murray, formerly British ambassador to Uzbekistan and Rector of the University of Dundee

See also
Most significantly, the DoD had within its objectives to ‘deter war’. This has been removed.

“The Department of Defense’s mission is to provide lethal Joint Forces to protect the country’s security and maintain US influence overseas,” it reads on the website.
Lethal joint forces include ‘4th Generation Warfare’ type combinations of unregistered ‘combatants’, terrorist groups, illegal formations, narco-cartels, guerrilla armies, etc.
Fort Russ
4GW: Pentagon officially no longer set to ‘deter war’, instead use ‘lethal joint forces’
Paul Anotonopoulos

Also

Of course, it didn't hurt that the path was paved with money.

Human Rights Imperialism: A path paved with good intentions
Vladimir Goldstein

See also
Geopolitics is based on dualism, on the idea that there are two big global powers: sea power, and land power. And the history of relations between Russia and the West in the past, in the present as well as in the future is inscribed in this logic of confrontation between sea power and land power.

So a cold war is a kind of eternal war....
Geopolitika
OPINION: IS A US-RUSSIA COLD WAR AN ETERNAL WAR?
Alexander Dugin

See also
This essay began as a book review on „The Virtue of Nationalism“ written by Yoram Hazony, who is a political scientist and president of the Herzl-Institute in Jerusalem. Yet the piece grew well out of a mere review because Hazony account is so penetrating that I couldn’t help expanding on some of the most virulent themes. No doubt this book is something many conservative minds have been waiting for. It goes straight to the heart of tough questions of religion and family, still very controversial in liberal polite society. Hazony like Herzl is a committed Zionist, yet not of the old liberal but the new religious persuasion. As an Israeli he strides virgin territories, seldom touched on in by the European enlightenment, namely the unique world of Oriental clans and tribes - perfectly alien to the Western liberal imagination, yet at the same time appealing for those with an affinity to the Middle East.

A book on the virtues of nationalism could barely have come more timely. It will be read almost certainly with enthusiasm by many eastern Europeans who are constantly chastized by the western media for their post-communist embrace of nationalism, family and religion - a blessed source of identity they have been deprived of for the best part of the last century. But meanwhile in the West too nationalism is back with a vengeance. The new Catalonian quest for independence, rumors about Irish unification, Brexit itself and Trump‘s America First are but the most popular examples. On top of that comes a refreshingly particularist Italian government, hostile to the Germanophile European Empire and instead looking at President Putin for inspiration. The Russian president himself just delivered for his fourth term a state budget with a decisive nationalist flavour literally turning swords into ploughs: he cut defense by 20 % and is keen on chanelling the new cash into domestic infrastructure. By this Vladimir Putin again took the lead among the group of heretical nationalists eager to challeneg liberal globalism in the name of political self-determination.
This is close to what Hazony‘s book is about to promulgate. It is also a rare piece of Israeli communication about risk taking in an experimental political culture. For as a nation Israel is still „in the making“ because after 70 years its right to exist is still regularly being challenged. Personal disclosure: I had the pleasure to live in Jerusalem during 2011 and made the acquaintance of Hazony‘s family. He and his wife Yael, who are both scholars and th the same time raising ten children. There can be little doubt that Hazony‘s book runs against the grain of the liberal consensus in many respects. This makes it extremely stimulating and inspiring for conservatives and a perfect antidot to the pastime of Trump bashing. 
REFLECTIONS ON THE RENAISSANCE OF NATIONALISM
Friedrich Hansen

See also

Intel Today
Fake News & History in the Post-Truth Era — From the Korean War To The Havana Syndrome
L

Lucinda Shen — Alibaba's Ant Financial Just Launched a Blockchain-based Remittance Service

Though Alibaba co-founder Jack Ma may think Bitcoin is in a bubble, the firm still believes in blockchain, the technology underlying cryptocurrencies.
Ant Financial, Alibaba’s $150 billion financial affiliate, launched a blockchain-based service that lets Hong Kong’s large Filipino working population send funds to family back home quickly and securely. For now, the program is in a three-month trial period during which transaction fees will be waived....
Fortune
Alibaba's Ant Financial Just Launched a Blockchain-based Remittance Service
Lucinda Shen

David F. Ruccio — “They aren’t laws of nature”

Nicola Headlam is, I think, right with respect to “how the rules of the economy are set”:

“Somehow, someone, somewhere made these rules up. They aren’t laws of nature.” And they determine “who’s got what and where and why”.
The question is, how do we teach economics so that that message gets through?
What to do? Start calling BS for starters.
This is yet another example of economics as philosophy, which is rationally based, rather being than science, which is empirically based. This is a foundational mistake that biases the entire structure. As soon as one encounters the term "natural, that's a tell to check the empirical warrant.
And, for the most part, that means pushing students through the chapters of a traditional textbook of economics, and therefore teaching them a narrow version of economics, consisting almost entirely of neoclassical and Keynesian theories, approaches, and policies.
That way of teaching economics has the effect of naturalizing a capitalist economy. First, it reduces the universe of relevant economic thought to contemporary mainstream economics. No other economic theories, now or in the past, need apply. (Nor, for that matter, should knowledges about the economy beyond mainstream economics, from either disciplines or from outside the academy.) Second, the methods and models are taught in a “common sense” manner. As I discussed back in May, markets have a magical, quasi-mystical status within mainstream economics. They are the original starting-point of neoclassical theory—presented as being “just there,” with the requisite price and quantity axes and supply and demand schedules, as the origin and focus of economic analysis. As for macroeconomics, which I discussed this past April, the premise and promise of both Keynesian and neoclassical macroeconomics is that, with the appropriate institutions and policies, capitalism can be characterized by and should be celebrated for achieving full employment and price stability. In both cases, at the micro and macro levels, the rules governing the economy are considered to be natural laws, which are correctly captured within the models of mainstream economics—and then, of course, meant to be respected and obeyed....
Occasional Links & Commentary
“They aren’t laws of nature”
David F. Ruccio | Professor of Economics, University of Notre Dame

Prof. James Petras - Immigration: Western Wars and Imperial Exploitation Uproot Millions

The West has ransacked Africa and India for centuries causing massive poverty in those continents, and then the Western destruction of liberal democracies in the ME also caused more  poverty and migration. But now we have the latest Western backed wars in Africa causing massive migration.  KV


Having destroyed the lives of working people overseas and overthrown progressive leaders like Libyan President Gadhafi and Honduran President Zelaya, millions were forced to become immigrants.


Iraq, Afghanistan, Syria, Colombia, Mexico witnessed  the flight  of millions of immigrants  — all victims of US and EU wars. Washington and Brussels blamed the victims and accused the immigrants of illegality and criminal conduct .
The West debates expulsion, arrest and jail instead of reparations for crimes against humanity and violations of international law.
To restrain immigration the first step is to end imperial wars, withdraw troops,and to cease financing paramilitary and client terrorists.
Secondly, the West should establish a long term multi-billion-dollar fund for reconstruction and recovery of the economies, markets and infrastructure they bombed
The demise of the peace movement allowed the US and EU to launch and prolong serial wars which led to massive immigration – the so-called refugee crises and the flight to Europe.  There is a direct connection between the conversion of the liberal and social democrats to war -parties and  the forced flight of immigrants to the EU.
The decline of the trade unions  and worse, their loss of militancy has led to the loss of solidarity with people living in the midst of imperial wars.  Many workers in the imperialist countries have directed their ire to those ‘below’ – the immigrants, – rather than to  the imperialists who directed the wars which created the immigration problem.
Immigration, war , the demise of the peace and workers movements,and left parties has led to the rise of the militarists,and neo-liberals who have taken power throughout the West.  Their , anti-immigrant politics, however, has provoked new contradictions within regimes,between business elites and among popular movements in the EU and the US.  The elite and popular struggles can go in at least two directions – toward fascism or radical social democracy.
Global Research

Rod Dreher - Two Kinds Of Barbarians

This is a difficult post for me because I'm a liberal who has always been very anti-racist. My best friend is Indian and I've known him most of my life. But I noticed one day that there was hardly any white kids coming out of the schools,  and then on another occasion I saw that at my old college there was hardly any white people either.  Soon after that I was in my local high street and I seemed to be the only white person there, and it is a big South London town so there was thousands of people. I felt very uncomfortable and sad.

My hunch is that most liberals feel the same as me but can't admit it, so they have allowed the neoliberals, who are right wing, to get away with mass immigration. New Labour and the elite did not encourage mass immigration because they are anti-racist, in my opinion, but for business reasons, where the demand for housing would sky rocket making the bankers and landlords a fortune as well a bringing in cheaper workers. It was neoliberalism.

Anyway, we humans maybe evolving towards enlightenment but we still have some way to go,  so we still need the feeling of security  and familiarity we get by being in our own culture. When I was my town that I grew up in and I was the only white people there, I felt I had lost my home, that it belonged to someone else, all familiarity had gone.

I will never move to the right, I just want the left to cotton onto this and become honest with themselves like I have before it's  too late.  And those immigrants that are here who are liberals and socialists should understand people with feelings like mine, and if they don't and become intolerant, then they are not true liberals.

Rod Dreher says he all for a multiracial and multicultural society, but not one that overwhelms the host culture.  I believe this issue is the Achilles Heel of the left that could keep them out of power for a long time.  KV




The Edsall column jumped out at me yesterday because I was dealing on Twitter with people who called me racist for likening the present and future mass African migration to Europe to the barbarian invasions of Rome in the 4th through 6th centuries. I did so in a post about a program an Azorean professor has in which he introduces high school students in a creative and intense way to ancient Greek thought.  The professor, who teaches geopolitics in a university, simply mentioned that managing the massive migration efforts out of sub-Saharan Africa (this, given the skyrocketing birthrate, and lack of economic development) is going to be the chief challenge of Europe in this century. Whatever you think the right answer is to the challenge, there can be no denying that this is the key challenge.
European elites — political, academic, ecclesial, etc. — have not wanted to deal with this. The information in the Edsall column indicates why: because they are terrified of sounding and being racist. They believe that defending the integrity of their own cultures, and the ways of their own people, is somehow immoral. We can see that our own liberals view it the same way. The European elites are, therefore, conceptually defenseless against the migrant invasion. One imagines that Europeans, with their militaries, have the means to stop the inflow, but they lack the will.
There really is a racist white right. This is undeniable, and it is a repulsive fact. But when the left refuses to distinguish between Richard Spencer and ordinary white people who, like every other ordinary person, likes his culture and tradition, and doesn’t feel that it is something to be ashamed of they either drive people towards the racist right, or neutralize the contempt that many white conservatives rightly have for the bigots. Because it is so promiscuously deployed, the word “racist” doesn’t carry much weight — and in fact, as the studies Edsall cites show, it actually has the opposite effect.

The American Conservative 

Rod Dreher - Two Kinds Of Barbarians

Common Dreams — Mexico's 'Bernie Sanders' Wins in a Huge Historic Landslide With Mandate to Reshape the Nation

AMLO is definitely the Bernie Sanders of Mexico.…
The New York Times reports:
"Mr. López Obrador’s win puts a leftist leader at the helm of Latin America’s second largest economy for the first time in decades, a prospect that has filled millions of Mexicans with hope — and the nation’s elites with trepidation.
"The outcome represents a clear rejection of the status quo in the nation, which for the last quarter century has been defined by a centrist vision and an embrace of globalization that many Mexicans feel has not served them."
Common Dreams
Mexico's 'Bernie Sanders' Wins in a Huge Historic Landslide With Mandate to Reshape the Nation

Sunday, July 1, 2018

Bill Mitchell — Italy should prioritise an exit of the Eurozone madness

Last week, the Eurogroup met in Brussels and given all the Macron-Merkel buildup – see my blog post – The Meseberg Declaration – don’t hold your breath waiting(June 26, 2018) – the Europhiles were tweeting their heads off building themselves up into a ‘reform’ frenzy. If we were to believe half of it, then Germany was rolling over and about to agree to reforms that would put the Eurozone on a sound footing. Even progressive Europhile commentators held out hope of some big changes. Well not much happened did it. Like virtually nothing of any substance emerged from the meeting and matters were deferred (again) to December. Ho Hum! This is the European Union after all. At the same time, new voices encouraging an Italian exit appeared in the last week. Regular readers will know that in lieu of some unlikely turn of events in Europe where the elites about face and set in place effective reforms, I maintain that unilateral exit remains the superior option for an individual nation such as Greece or Italy. I am on the public record as arguing that given the size of the Italian economy in relation to the overall Eurozone economy, Italy should demonstrate leadership by finalising a negotiated exit with Brussels that minimises the damage for all parties. That would become the blueprint for other nations to regain their currency sovereignty and escape the Eurozone madness....
Bill Mitchell – billy blog
Italy should prioritise an exit of the Eurozone madness
Bill Mitchell | Professor in Economics and Director of the Centre of Full Employment and Equity (CofFEE), at University of Newcastle, NSW, Australia

Sam Williams — Modern Money

MMT economists advocate that the central government – the federal government in the U.S. – can and should employ every person who desires to work but cannot find work in the private sector at a living wage. This living wage, the MMT supporters point out, would function as a minimum wage, since no person would work for a private employer who offers a wage lower than the wage the government offers. Assuming such a reform could be implemented under the capitalist system, if your search for private employment comes up empty you would simply go to the nearest government employment office and choose among useful governments jobs. All these jobs would pay you a wage adequate to meet your basic needs for food, housing, education and so on.
If you desired more, as the supporters of MMT assume would be the case for most people, you would seek employment in the private sector. If you didn’t find it, you would still have your government job. Such a reform if it could be won under the capitalist system would be highly desirable, to say the least, from the viewpoint of the working class.
It is important to realize that the supporters of MMT do not see such a demand as part of a transitional program pointing towards a socialist society. Marxists have long raised this demand but see it not as a reform within capitalism but as way of building a movement that would establish a workers’ government that along with other profound changes would transform capitalism into socialism.
Marxists will in the years ahead engage in united-front movements and actions demanding that the government provide jobs for everybody who needs one at union scale wages – while MMT supporters are satisfied with a living wage. The difference between the Marxist and MMT perspectives on the demand that government act as the employer of last resort will be explored in coming posts.
Next month, I will examine Modern Money Theory in depth and contrast it to the Marxist theory of money.
A Critique of Crisis Theory
Modern Money
Sam Williams

The Minskys — Neoliberalism in Action

Book Review: Democracy in Chains: The Deep History of The Radical Right’s Stealth Plan for America by Nancy McLean.…
MacLean argues that the radical right will eventually reduce freedom for the majority while privileging the propertied minority. The more power the propertied minority has, the less democratic society becomes. The ultimate target of the radical right, which has gained control of the modern Republican Party, is to change American society to privilege capitalism over democracy even more than it does now. 
McLean argues that the rationale of the right is that economic liberalism is based on "public choice" (James Buchanan), that is, social, political and economic decisions made in markets free of government influence and intervention, while democracy leads to socialism. Thus, "free market" capitalism and liberal democracy are antithetical.

The Minskys
Neoliberalism in Action
Johnny Fulfer, received a B.S. in Economics and a B.S. in History from Eastern Oregon University and is currently pursuing an M.A. in History at the University of South Florida

Elliott Gabriel — US’ Iran Regime-Change Plan: Hit Economy, Orchestrate Protests, Engage MEK Cult to Chant “Democracy”

While the hard-hit Iranian economy is likely to continue reeling, driving more protesters into the streets, one shouldn’t mistake their pain for a desire to subject themselves to a totalitarian cult with hardly a fraction of the support enjoyed by the Shia clergy helming the Islamic Republic.
Remember Ahmed Chalabi and the Iraqi government in exile that was supposed to lead "democratize Iraq" after the fall of Saddam?

You don't? Because it never got off the ground.

A similar plan is being hatched for Iran and the outcome will be the same — abject failure owing to magical thinking.

In fact, it is even worse. The US is relying on MEK, until recently declared a terrorist organization, along with some cronies of the despotic shah. At least Chalabi was only accused of financial crimes.

Moreover, Iran is a completely different situation than Iraq owing to difference of scale. 

In addition, the US is inserting itself into the Sunni-Shia divide, which is comparable to the Protestan-Catholic divide that resulted so much division and war in Europe.

In fact, the plan is so wildly improbable one wonders whether the actual objective is just more destabilization, which seems to be the underlying US global strategy.

b
Last year, at the same conference, Trump's National Security Adviser John Bolton told the MEK they would be ruling Iran by 2019....

Addressing a meeting of violent opposition group the People's Mujahedin of Iran (MEK) in Paris, U.S. President Donald Trump's lawyer, Rudy Giuliani, said the United States would keep applying pressure on Iran's government until it collapses.
"We are now realistically being able to see an end to the regime in Iran," Giuliani told supporters of MEK, an organization that calls for the violent overthrow of Iran's government, supported Saddam Hussein in the Iran-Iraq war, and was listed as a terrorist organization by the United States until 2012....
Telesur
Trump Attorney [Giulliani] Meets Exiled Iranian MEK, Promises Regime Change

Ivan Ilyin — How to Destroy Hate, Foster Love

Ivan Ilyin was an influential nationalist political and Orthodox Christian philosopher active in the Russian Emigre movement in Europe after the revolution. He heavily influenced Solzhenitsyn. Putin, a great admirer, personally supported repatriating his remains to Russia in 2009, and attended the consecration of his grave.
For more articles on RI by or about Ilyin, click here.
For a selection of his Christian writings on the Russian Faith site, click here.
Ivan Ilyin is one of the foremost Russian philosophers along with Nikolai Berdyaev and Vladimir Solovyov (also transliterated as Soloviev), both of whom are better known in the West than Ilyin. Vladimir Putin cited these three thinkers as important reading for Russian leaders (which he has never done for Alexander Dugin).

Ilyin is now being depicted in the West as a fascist, which is complete nonsense. See Paul Robinson's takedown of Timothy Synder's hit piece on Ilyin, Book Review: The Road To Unfreedom
There are a couple of problems with all this. First, Snyder greatly exaggerates Ilyin’s influence. Second, his interpretation of Ilyin’s philosophy is decidedly odd.
Forget the Wikipedia article on Ilyin. It is completely biased.

Read the following excerpt from Ilyin and judge for yourself.

Russia Insider
How to Destroy Hate, Foster Love - Great 20th C. Russian Christian Philosopher (Ilyin)
Ivan Ilyin (excerpt from his book “Singing heart – a book of quiet contemplations)
Translated from the Russian by Edvin Buday

Branko Milanovic — On growth and people: my reply to Kate Raworth's reply


If you are following this debate.
Let me focus on two most important issues on which Kate Raworth and I differ.

(My original review of Kate Raworth's very good and challengingDoughnut Economics can be found here; Kate’s response is given here.)
Global Inequality
On growth and people: my reply to Kate Raworth's replyBranko Milanovic | Visiting Presidential Professor at City University of New York Graduate Center and senior scholar at the Luxembourg Income Study (LIS), and formerly lead economist in the World Bank's research department and senior associate at Carnegie Endowment for International Peace

See also

Evonomics
What Is the Role of Morality in a Capitalist Economy?
Peter Turchin | Professor in the Department of Ecology and Evolutionary Biology at the University of Connecticut, Research Associate in the School of Anthropology, University of Oxford, and Vice-President of the Evolution Institute

Common Creams
As Interest in Democratic Socialism Surges, Ocasio-Cortez Explains to Colbert What a 'Moral' Economy Would Look Like
Jake Johnson, staff writer











Jim O'Reilly — Some thoughts on liberal democracy as a deceptive term


Reflections with which I agree.

Comments on Global Political Economy
Some thoughts on liberal democracy as a deceptive term
Jim O'Reilly

See also

In my view, Dugin gets this right, too, as opposed to bourgeois liberalism's, "My way, or the highway."

The third totalitarianism is transnational corporate totalitarianism under the control of international capital, which happens to be mostly in Western "liberal" hands.

Geopolitika
Alexander Dugin