Wednesday, July 26, 2017

"Deep State" B.S. And Reality

Conspiracy Mongering "The Deep State"

In reading a book by Mike Lofgren titled "The Deep State," I didn't have high expectations for clear argumentation, despite the blurb claiming that Lofgren was encouraged to write the book by Bill Moyers. Sure enough reading it, it's the same kind of bait the base and blame the usual suspects playing out, except Mike is attacking the establishment! Mike manages to mix into a conspiratorial stew the forces of the media, bureaucracy & government, mixing left and right conspiracy stories to create a completely incoherent narrative.

"Bill Moyers! What were you thinking! I thought you were a progressive?

Anyway, the book became a textbook for both the far left and the far right. It was a text for Jill Stein, Bernie Sanders and the Trump Campaign. Which is why I waded through it in the first place.

This essay is at Bill Moyer's Website:

http://billmoyers.com/2014/02/21/anatomy-of-the-deep-state/

Thursday, July 20, 2017

Trump Wants Chaika!!!

Yesterday I made the quip that Trump doesn't want a US Style DA. He doesn't want Sessions!

#Trumpenführer wants Chaika!

With the revelations that Natalia Veselnitskaya and other Russians who met with The Trump campaign on June 9th 2016 were working as proxies for Yuri Chaika. You should have heard a mike drop. But you didn't. That was bad enough but then Trump goes to the G20 and has a two hour meeting and a one hour meeting with Putin. Witnesses describe them as having a merry time. That all was worse.

Well today he confirmed that that is what he wants! He spent the evening yesterday criticizing Jeff Sessions for doing his job and for not ending investigations into him, like he was hired to do! Trump wants a General Prosecutor, who will persecute and lock up his enemies, and never, never, look into corruption inside his administration!

Randi Rhodes says he's a schmuck, чмо, she used a different translation, but it's all the same. I'd use stronger language to talk about #Trumpenführer!

Well Who is Chaika???

Torture and Death
Pussy Riot on Chaika

Wednesday, July 19, 2017

Bernie Sanders and Russian Kompromat

I still, kinda sorta, like Bernie Sanders. But he revealed himself to be no Saint Bernard during the election, and so I'm a little alarmed with some of his behavior as he's got a one tracked mind and for other reasons. Last night my suspicions about one piece of the election were confirmed. Though I don't expect him to ever admit it.

Listen to Segment near end of broadcast at Segment 8:37 Pm [ET] 7/18/2017:
http://www.msnbc.com/all-in/watch/sanders-trumpcare-fail-is-victory-for-american-people-1002975811547

Tuesday, July 18, 2017

Drip Drip Drip And A Fraudulent Election is unmasked

Donald Trump is essentially admitting he worked with the Russians.

While the Russian Interference Affair is just the tip of a Vote Suppression, hacking, massive official fraud going on, this fraud is far more than just "opposition research." It threatens the survival of our republic's Democratic features. Increasingly, with the help of databases of personal information and unlimited money for buying politicians, We have people who think they can buy our elections with impunity.

Monday, July 17, 2017

Gresham's "law" versus Sovereign Money

One of the primary historical obstacles to complete economic stability, sovereignty and harmony historically has been the difficulty in economies of the people and their government to establish and hold control over their money supply. The concept of Modern Monetary Theory tries to delink money as a trading tool and measure of value from money as a commodity. However this is only possible in the modern era because the banking system has already done this. For years the so-called "Gresham's law" made it difficult for countries to control their money supply. If countries minted money on cheap coins, merchants would refuse to use them. If they did use them, they would hoard gold and silver and the value of the cheap coins would fall. If they rested their money supply on Gold or Silver by weight, the wealthy would export, hoard, or exploit those commodities as a tool over others. As long as local people are subject to the power of international oligarchs and monied person, disruptions in economics will continue.

For more on this read Robert Mundell's:

Uses and Abuses of Gresham's Law in the History of Money
http://www.columbia.edu/~ram15/grash.html

I go into detail about this in my post:

Gresham's law as a tool of regulation
http://www.columbia.edu/~ram15/grash.html/dd>

Mundell writes:

"The great international currencies--shekels, darics, drachmas, staters, solidi, dinars, ducats, deniers, livres, pounds, dollars--have always been "good" not "bad" money."

"Good money" means that the money is redeemable, holds it's value, and is stable. Not that it is of gold or silver. Mundell also says:

"Bad coins will drive out good only if a change occurs to bring about an excess supply of money. An excess supply of money could result because of a decline in the demand for money. If this occurred in a closed economy, prices would start to rise and the value of the best coins as metal would be higher than their value as money, with the result that the best coins would be withdrawn from circulation until the excess supply of money had been eliminated. If, on the other hand, the economy were open to trade with the rest of the world, the good coins would be sent abroad until the money supply were reduced to its equilibrium level."

Read his article.

Sunday, July 16, 2017

Gresham's law as a Tool of Regulation

Gresham's law, in a sovereign country, becomes a tool to manage money. So-called "Good money" becomes a commodity, measured by the governments accounts, paper and issue. Bad money is really money that is outside the control of society. In this post I explain why "good money" tends to be actually bad money, from the Point of View of Society as a Whole.

It is a faulty assumption that rare commodities like gold or silver are better money than, say the bronze tokens the Romans use. Good money is actually money that:

  • holds its value (is safe),
  • is readily used and accepted in markets
  • and that stays in Circulation long enough to support payrolls and investment in capital goods & services.

Therefore it is an illusion that gold and silver is "good money" unless your point of view is one of wealthy people who need portable assets that they can hoard. It is a faulty assumption.

Moreover, actual good money is based on the "full faith and credit" of the goods and services it buys and sells. That implies several additional things:

Money must be regulated through taxation.
Money holds its value when unearned and excessive quantities of it are removed from circulation by taxation.
When there is an alternative to private credit instruments.
When it is backed by goods and services.

Friday, July 14, 2017

Black Propaganda against Democracy

What Happened In Kansas and the Country?

Propaganda seeks to build a bandwagon of people who feel they are a movement or even the majority.

In 2016 I wrote:

We progressives should be happy right now. We are mostly united and we should be united.

Last year I was saying:

"We should be beating Donald Trump hands down right now. This election should be a certain thing. Yet many of my friends, and former friends, are spreading garbage arguments, with the hash tag #NeverHillary. They are spreading stories about how Hillary "committed election fraud, is corrupt, took bribes when she worked at the State Department, is a War-Monger, etc..."
"Most of these myths are exaggerations, misinformation or outright lies. Yet they get wide currency. It makes me ask the question?

They were also propaganda. The Republicans spent 30 years branding Hillary as a radical lefty, untrustworthy and corrupt. And the Far Left spent much of that time reinforcing that branding her as a neoliberal, untrustworthy and corrupt. The only thing the average unplugged voter got out of those contrary, false, yet nasty messages was that Hillary was untrustworthy and corrupt. The Right, using cutout idiots on the left, was engaging in black propaganda when it spread disinformation and misinformation on Hillary, but it worked because the left echoed the lies.

To summarize, the Republicans have been masters of propaganda. And we Center left Democrats have been really poor at it.

What is the matter with the Progressive Movement?"