Monthly Archives: May 2016

Nationalism vs imperialism

This post was inspired by an article that I just read. (Link at bottom.) On Democracy Now, Noam Chomsky said he would vote for Clinton. This means that Chomsky favors genocide (Clinton) over xenophobia (Trump). Chomsky favors the destruction of a … Continue reading

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What’s wrong with us?

What is wrong with us as a species? Why do we insist that monetarily sovereign governments are “bankrupt,” when we know they create limitless money out of thin air? When rich people want something, the government simply creates the money … Continue reading

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Re. mob psychology

Napoleon said this in 1806 after his army defeated the Prussians. Having risen up from the bottom, and observed politics and society, he concluded that average people collectively suffer from what we today would call bipolar disorder – i.e. they are obedient … Continue reading

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MMT gets a boost

Apologies for vanishing, but I was sick for a week, and I’m still recovering. MMT got a bit of a boost from Donald Trump’s recent comment that the U.S. government will never have to default on its debts, since the … Continue reading

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Ellen goofs again

Ellen Brown in the USA and the “Positive Money” people in the UK falsely think that all money is created by banks as loans. They falsely think there is only government borrowing, not government spending. They falsely think the U.S. … Continue reading

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The genius of Obama

Imagine you’re Obama. You have not kept any of your campaign promises, and you have lied non-stop. You accepted a Nobel Peace Prize, only to launch new wars of aggression that destroyed Libya and Syria. You also escalated the 15-year war … Continue reading

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A hypothesis

Alan Greenspan admitted on national TV that the U.S. government can never go broke, and can pay any debt, simply by creating money. Why does the truth not wake anyone up? Here is one possible explanation… Let’s use the Washington Post … Continue reading

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